Document:

Unassociated Document

     

     

    
      
        

      

    
      
 

    

    FIRST
LIEN CREDIT AGREEMENT

     

     

    DATED
AS OF JUNE 15, 2007

     

     

    AMONG

    INTRALINKS,
INC.,

    as
Borrower,

     

    TA
INDIGO HOLDING CORPORATION,

    as
Guarantor,

     

    THE
FINANCIAL INSTITUTIONS LISTED HEREIN,

    as
Lenders,

     

    and

     

    DEUTSCHE
BANK TRUST COMPANY AMERICAS,

    as
Administrative Agent, Collateral Agent,

    and
Syndication Agent,

     

    and

     

    ING
CAPITAL LLC,

    as
Documentation Agent,

     

    and

     

    DEUTSCHE
BANK SECURITIES INC.

     

    and

     

    CREDIT
SUISSE SECURITIES (USA) LLC,

    as
Joint Lead Arrangers and Joint Bookrunners

     

     

     

    
      
        
          

        

    

    

     

    Cahill
Gordon & Reindel LLP

    80
Pine Street

    New
York, NY  10005

    (212)
701-3000

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    TABLE OF
CONTENTS

     

    Page

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                	
                                        SECTION
      1.

                                      	 	
                                        DEFINITIONS

                                      	
                                        1

                                      
	 	 	 	 
	
                                        1.1

                                      	 	
                                        Certain
      Defined Terms.

                                      	
                                        1

                                      
	
                                        1.2

                                      	 	
                                        Accounting
      Terms; Utilization of GAAP for Purposes of Calculations Under Agreement;
      Financial Determinations.

                                      	
                                        31

                                      
	
                                        1.3

                                      	 	
                                        Other
      Definitional Provisions and Rules of Construction.

                                      	
                                        32

                                      
	 	 	 	 
	
                                        SECTION
      2.

                                      	 	
                                        AMOUNTS
      AND TERMS OF COMMITMENTS AND LOANS

                                      	
                                        32

                                      
	 	 	 	 
	
                                        2.1

                                      	 	
                                        Commitments;
      Making of Loans; the Register; Optional Notes.

                                      	
                                        32

                                      
	
                                        2.2

                                      	 	
                                        Interest
      on the Loans.

                                      	
                                        38

                                      
	
                                        2.3

                                      	 	
                                        Fees.

                                      	
                                        41

                                      
	
                                        2.4

                                      	 	
                                        Repayments,
      Prepayments and Reductions of Revolving Loan Commitment Amount; General
      Provisions Regarding

                                        Payments;
      Application of Proceeds of Collateral and Payments Under
      Guaranty.

                                      	
                                        41

                                      
	
                                        2.5

                                      	 	
                                        Use
      of Proceeds.

                                      	
                                        47

                                      
	
                                        2.6

                                      	 	
                                        Special
      Provisions Governing Eurodollar Rate Loans.

                                      	
                                        47

                                      
	
                                        2.7

                                      	 	
                                        Increased
      Costs; Taxes; Capital Adequacy.

                                      	
                                        49

                                      
	
                                        2.8

                                      	 	
                                        Statement
      of Lenders; Obligation of Lenders and Issuing Lenders to
      Mitigate.

                                      	
                                        53

                                      
	
                                        2.9

                                      	 	
                                        Replacement
      of a Lender.

                                      	
                                        53

                                      
	 	 	 	 
	
                                        SECTION
      3.

                                      	 	
                                        LETTERS
      OF CREDIT

                                      	
                                        54

                                      
	 	 	 	 
	
                                        3.1

                                      	 	
                                        Issuance
      of Letters of Credit and Lenders’ Purchase of Participations
      Therein.

                                      	
                                        54

                                      
	
                                        3.2

                                      	 	
                                        Letter
      of Credit Fees.

                                      	
                                        56

                                      
	
                                        3.3

                                      	 	
                                        Drawings
      and Reimbursement of Amounts Paid Under Letters of Credit.

                                      	
                                        57

                                      
	
                                        3.4

                                      	 	
                                        Obligations
      Absolute.

                                      	
                                        59

                                      
	
                                        3.5

                                      	 	
                                        Nature
      of Issuing Lenders’ Duties.

                                      	
                                        60

                                      
	 	 	 	 
	
                                        SECTION
      4.

                                      	 	
                                        CONDITIONS
      TO LOANS AND LETTERS OF CREDIT

                                      	
                                        61

                                      
	 	 	 	 
	
                                        4.1

                                      	 	
                                        Conditions
      to the Initial Credit Extensions.

                                      	
                                        61

                                      
	
                                        4.2

                                      	 	
                                        Conditions
      to All Loans.

                                      	
                                        64

                                      
	
                                        4.3

                                      	 	
                                        Conditions
      to Letters of Credit.

                                      	
                                        65

                                      
	 	 	 	 
	
                                        SECTION
      5.

                                      	 	
                                        REPRESENTATIONS
      AND WARRANTIES

                                      	
                                        65

                                      
	 	 	 	 
	
                                        5.1

                                      	 	
                                        Organization,
      Powers, Corporate Structure, Qualification, Good Standing, Business and
      Subsidiaries.

                                      	
                                        65

                                      
	
                                        5.2

                                      	 	
                                        Authorization
      of Borrowing, Etc.

                                      	
                                        66

                                      
	
                                        5.3

                                      	 	
                                        Financial
      Condition.

                                      	
                                        67

                                      
	
                                        5.4

                                      	 	
                                        No
      Material Adverse Change.

                                      	
                                        67

                                      
	
                                        5.5

                                      	 	
                                        Title
      to Properties; Liens; Real Property; Intellectual
Property.

                                      	
                                        67

                                      
	
                                        5.6

                                      	 	
                                        Litigation;
      Adverse Facts.

                                      	
                                        68

                                      
	
                                        5.7

                                      	 	
                                        Payment
      of Taxes.

                                      	
                                        68

                                      
	
                                        5.8

                                      	 	
                                        Governmental
      Regulation.

                                      	
                                        69

                                      
	
                                        5.9

                                      	
                                         

                                      	
                                        Securities
      Activities.

                                      	
                                        69

                                      
	
                                        5.10

                                      	 	
                                        Employee
      Benefit Plans.

                                      	
                                        69

                                      
	
                                        5.11

                                      	 	
                                        Certain
      Fees.

                                      	
                                        70

                                      

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
         

      

      
         

        
          

        

      

      
         

        
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                                  5.12

                                	 	
                                  Environmental
      Compliance.

                                	
                                  70

                                
	
                                  5.13

                                	 	
                                  Employee
      Matters.

                                	
                                  70

                                
	
                                  5.14

                                	 	
                                  Solvency.

                                	
                                  70

                                
	
                                  5.15

                                	 	
                                  Matters
      Relating to Collateral.

                                	
                                  70

                                
	
                                  5.16

                                	 	
                                  Disclosure.

                                	
                                  71

                                
	
                                  5.17

                                	 	
                                  Related
      Agreements.

                                	
                                  71

                                
	
                                  5.18

                                	 	
                                  Insurance.

                                	
                                  71

                                
	
                                  5.19

                                	 	
                                  Use
      of Proceeds.

                                	
                                  72

                                
	 	 	 	 
	
                                  SECTION
      6.

                                	 	
                                  COMPANY’S
      AFFIRMATIVE COVENANTS

                                	
                                  72

                                
	 	 	 	 
	
                                  6.1

                                	 	
                                  Financial
      Statements and Other Reports.

                                	
                                  72

                                
	
                                  6.2

                                	 	
                                  Existence,
      Etc.

                                	
                                  75

                                
	
                                  6.3

                                	 	
                                  Payment
      of Taxes and Claims; Tax.

                                	
                                  75

                                
	
                                  6.4

                                	 	
                                  Maintenance
      of Properties; Insurance; Application of Net Insurance/Condemnation
      Proceeds.

                                	
                                  76

                                
	
                                  6.5

                                	 	
                                  Inspection
      Rights; Lender Meeting.

                                	
                                  77

                                
	
                                  6.6

                                	 	
                                  Compliance
      with Laws, Etc.

                                	
                                  77

                                
	
                                  6.7

                                	 	
                                  Environmental
      Matters.

                                	
                                  77

                                
	
                                  6.8

                                	 	
                                  Execution
      of Guaranty and Personal Property Collateral Documents After the Closing
      Date.

                                	
                                  79

                                
	
                                  6.9

                                	 	
                                  Matters
      Relating to Additional Real Property Collateral.

                                	
                                  79

                                
	
                                  6.10

                                	 	
                                  Interest
      Rate Protection.

                                	
                                  81

                                
	
                                  6.11

                                	 	
                                  Deposit
      Accounts and Securities Accounts.

                                	
                                  81

                                
	
                                  6.12

                                	
                                   

                                	
                                  Ratings.

                                	
                                  82

                                
	
                                  6.13

                                	 	
                                  Employee
      Benefits.

                                	
                                  82

                                
	
                                  6.14

                                	 	
                                  Post-Closing
      Collateral Matters.

                                	
                                  82

                                
	 	 	 	 
	
                                  SECTION
      7.

                                	 	
                                  COMPANY’S
      NEGATIVE COVENANTS

                                	
                                  82

                                
	 	 	 	 
	
                                  7.1

                                	 	
                                  Indebtedness.

                                	
                                  83

                                
	
                                  7.2

                                	 	
                                  Liens
      and Related Matters.

                                	
                                  85

                                
	
                                  7.3

                                	 	
                                  Investments;
      Acquisitions.

                                	
                                  87

                                
	
                                  7.4

                                	 	
                                  Restricted
      Junior Payments.

                                	
                                  89

                                
	
                                  7.5

                                	 	
                                  Financial
      Covenant—Maximum Consolidated Senior Secured Leverage
    Ratio.

                                	
                                  90

                                
	
                                  7.6

                                	 	
                                  Restriction
      on Fundamental Changes; Asset Sales.

                                	
                                  90

                                
	
                                  7.7

                                	 	
                                  Consolidated
      Capital Expenditures.

                                	
                                  92

                                
	
                                  7.8

                                	 	
                                  Transactions
      with Shareholders and Affiliates.

                                	
                                  92

                                
	
                                  7.9

                                	 	
                                  Conduct
      of Business.

                                	
                                  93

                                
	
                                  7.10

                                	 	
                                  Amendments
      or Waivers of Certain Agreements; Amendment and Prepayment of
      Second

                                  Lien
      Credit Agreement.

                                	
                                  93

                                
	
                                  7.11

                                	 	
                                  Fiscal
      Year.

                                	
                                  94

                                
	
                                  7.12

                                	 	
                                  Ownership
      of Subsidiaries.

                                	
                                  94

                                
	
                                  7.13

                                	 	
                                  Sale
      and Leaseback Transactions.

                                	
                                  94

                                
	 	 	 	 
	
                                  SECTION
      8.

                                	 	
                                  EVENTS
      OF DEFAULT

                                	
                                  95

                                
	 	 	 	 
	
                                  8.1

                                	 	
                                  Failure
      to Make Payments When Due.

                                	
                                  95

                                
	
                                  8.2

                                	 	
                                  Default
      in Other Agreements.

                                	
                                  95

                                
	
                                  8.3

                                	
                                   

                                	
                                  Breach
      of Certain Covenants.

                                	
                                  95

                                

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
         

      

      
         

        
          

        

      

      
         

        
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                            8.4

                          	 	
                            Breach
      of Warranty.

                          	
                            95

                          
	
                            8.5

                          	 	
                            Other
      Defaults Under Loan Documents.

                          	
                            96

                          
	
                            8.6

                          	 	
                            Involuntary
      Bankruptcy; Appointment of Receiver, Etc.

                          	
                            96

                          
	
                            8.7

                          	 	
                            Voluntary
      Bankruptcy; Appointment of Receiver, Etc.

                          	
                            96

                          
	
                            8.8

                          	 	
                            Judgments
      and Attachments.

                          	
                            96

                          
	
                            8.9

                          	 	
                            Dissolution.

                          	
                            97

                          
	
                            8.10

                          	
                             

                          	
                            Employee
      Benefit Plans.

                          	
                            97

                          
	
                            8.11

                          	 	
                            Change
      in Control.

                          	
                            97

                          
	
                            8.12

                          	 	
                            Invalidity
      of Loan Documents; Failure of Security; Repudiation of
      Obligations.

                          	
                            97

                          
	 	 	 	 
	
                            SECTION
      9.

                          	 	
                            ADMINISTRATIVE
      AGENT

                          	
                            98

                          
	 	 	 	 
	
                            9.1

                          	 	
                            Appointment.

                          	
                            98

                          
	
                            9.2

                          	 	
                            Powers
      and Duties; General Immunity.

                          	
                            99

                          
	
                            9.3

                          	 	
                            Independent
      Investigation by Lenders; No Responsibility for Appraisal of
      Creditworthiness.

                          	
                            101

                          
	
                            9.4

                          	 	
                            Right
      to Indemnity.

                          	
                            101

                          
	
                            9.5

                          	 	
                            Resignation
      of Agents; Successor Administrative Agent, Collateral Agent and Swing Line
      Lender.

                          	
                            101

                          
	
                            9.6

                          	 	
                            Collateral
      Documents; Guaranty and Intercreditor Agreement.

                          	
                            102

                          
	
                            9.7

                          	 	
                            Duties
      of Other Agents.

                          	
                            103

                          
	
                            9.8

                          	 	
                            Administrative
      Agent May File Proofs of Claim.

                          	
                            103

                          
	 	 	 	 
	
                            SECTION
      10.

                          	 	
                            MISCELLANEOUS

                          	
                            104

                          
	 	 	 	 
	
                            10.1

                          	 	
                            Successors
      and Assigns; Assignments and Participations in Loans and Letters of
      Credit.

                          	
                            104

                          
	
                            10.2

                          	 	
                            Expenses.

                          	
                            108

                          
	
                            10.3

                          	 	
                            Indemnity.

                          	
                            109

                          
	
                            10.4

                          	 	
                            Set-Off.

                          	
                            110

                          
	
                            10.5

                          	 	
                            Ratable
      Sharing.

                          	
                            110

                          
	
                            10.6

                          	 	
                            Amendments
      and Waivers.

                          	
                            111

                          
	
                            10.7

                          	 	
                            Independence
      of Covenants.

                          	
                            113

                          
	
                            10.8

                          	 	
                            Notices;
      Effectiveness of Signatures.

                          	
                            113

                          
	
                            10.9

                          	 	
                            Survival
      of Representations, Warranties and Agreements.

                          	
                            114

                          
	
                            10.10

                          	
                             

                          	
                            Failure
      or Indulgence Not Waiver; Remedies Cumulative.

                          	
                            114

                          
	
                            10.11

                          	 	
                            Marshalling;
      Payments Set Aside.

                          	
                            114

                          
	
                            10.12

                          	
                             

                          	
                            Severability.

                          	
                            114

                          
	
                            10.13

                          	 	
                            Obligations
      Several; Independent Nature of Lenders’ Rights; Damage
    Waiver.

                          	
                            114

                          
	
                            10.14

                          	 	
                            Release
      of Security Interest or Guaranty.

                          	
                            115

                          
	
                            10.15

                          	 	
                            Applicable
      Law.

                          	
                            115

                          
	
                            10.16

                          	 	
                            Construction
      of Agreement; Nature of Relationship.

                          	
                            116

                          
	
                            10.17

                          	 	
                            Consent
      to Jurisdiction and Service of Process.

                          	
                            116

                          
	
                            10.18

                          	 	
                            Waiver
      of Jury Trial.

                          	
                            116

                          
	
                            10.19

                          	 	
                            Confidentiality.

                          	
                            117

                          
	
                            10.20

                          	 	
                            Counterparts;
      Effectiveness.

                          	
                            118

                          
	
                            10.21

                          	 	
                            USA
      Patriot Act.

                          	
                            118

                          

                  

                

              

            

          

        

      

    

    

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    EXHIBITS

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  	
                                          I

                                        	
                                          FORM
      OF NOTICE OF BORROWING

                                        
	 	 
	
                                          II

                                        	
                                          FORM
      OF NOTICE OF CONVERSION/CONTINUATION

                                        
	 	 
	
                                          III

                                        	
                                          FORM
      OF REQUEST FOR ISSUANCE

                                        
	 	 
	
                                          IV

                                        	
                                          FORM
      OF NOTICE OF PREPAYMENT

                                        
	 	 
	
                                          V

                                        	
                                          FORM
      OF TERM NOTE

                                        
	 	 
	
                                          VI

                                        	
                                          FORM
      OF REVOLVING NOTE

                                        
	 	 
	
                                          VII

                                        	
                                          FORM
      OF SWING LINE NOTE

                                        
	 	 
	
                                          VIII

                                        	
                                          FORM
      OF COMPLIANCE CERTIFICATE

                                        
	 	 
	
                                          IX

                                        	
                                          FORM
      OF OPINION OF COMPANY COUNSEL

                                        
	 	 
	
                                          X

                                        	
                                          FORM
      OF ASSIGNMENT AGREEMENT

                                        
	 	 
	
                                          XI

                                        	
                                          FORM
      OF SOLVENCY CERTIFICATE

                                        
	 	 
	
                                          XII

                                        	
                                          FORM
      OF FIRST LIEN GUARANTY

                                        
	 	 
	
                                          XIII

                                        	
                                          FORM
      OF FIRST LIEN SECURITY AGREEMENT

                                        
	 	 
	
                                          XIV

                                        	
                                          FORM
      OF INTERCREDITOR AGREEMENT

                                        
	 	 
	
                                          XV

                                        	
                                          FORM
      OF PREFERRED STOCK CERTIFICATE OF
DESIGNATIONS

                                        

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    SCHEDULES

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              	
                                      A

                                    	
                                      EXISTING
      INDEBTEDNESS TO BE REPAID

                                    
	 	 
	
                                      B

                                    	
                                      TRANSACTION
      COSTS

                                    
	 	 
	
                                      2.1

                                    	
                                      LOAN
      COMMITMENTS

                                    
	 	 
	
                                      4.1

                                    	
                                      FOREIGN
      COUNSEL

                                    
	 	 
	
                                      5.1

                                    	
                                      ORGANIZATIONAL
      CHART; SUBSIDIARIES OF COMPANY

                                    
	 	 
	
                                      5.3

                                    	
                                      FINANCIAL
      CONDITION

                                    
	 	 
	
                                      5.5B

                                    	
                                      REAL
      PROPERTY

                                    
	 	 
	
                                      5.7A

                                    	
                                      PAYMENT
      OF TAXES

                                    
	 	 
	
                                      5.18

                                    	
                                      INSURANCE

                                    
	 	 
	
                                      7.1

                                    	
                                      CERTAIN
      EXISTING INDEBTEDNESS

                                    
	 	 
	
                                      7.2

                                    	
                                      CERTAIN
      EXISTING LIENS

                                    
	 	 
	
                                      7.3

                                    	
                                      CERTAIN
      EXISTING INVESTMENTS

                                    
	 	 
	
                                      7.8

                                    	
                                      TRANSACTIONS
      WITH
AFFILIATES

                                    

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    INTRALINKS, INC.

     

    FIRST LIEN CREDIT
AGREEMENT

     

    This
FIRST LIEN CREDIT
AGREEMENT is dated as of June 15, 2007 and entered into by and among
INTRALINKS, INC., a
Delaware corporation (prior to the Merger, the “Target” and, after the Merger,
“Company”), TA INDIGO HOLDING CORPORATION, a Delaware
corporation (“Holdings”), each lender from
time to time party hereto (each individually referred to herein as a “Lender” and collectively as
“Lenders”), DEUTSCHE BANK SECURITIES INC.
and CREDIT SUISSE SECURITIES
(USA) LLC, as Joint Lead Arrangers and Joint Bookrunners (the “Arrangers”), DEUTSCHE BANK TRUST COMPANY
AMERICAS (“DB”),
as administrative agent for Lenders (in such capacity, “Administrative Agent”) and as
collateral agent for Lenders (in such capacity, “Collateral Agent”) and as
syndication agent, and ING Capital LLC, as documentation agent.

     

    RECITALS

     

    WHEREAS, pursuant to and in
connection with the Merger Agreement (with such term and each other capitalized
term used in these recitals having the meaning assigned thereto in
subsection 1.1), on the Closing Date Merger Sub will be merged with and
into the Target with the Target continuing as the surviving corporation of the
Acquisition and a wholly owned Subsidiary of Holdings; and

     

    WHEREAS, Lenders have agreed
to extend certain credit facilities to Company, the proceeds of which will be
used (i) together with the proceeds of loans under the Second Lien Credit
Agreement, the Holdings Senior PIK Credit Agreement and the Equity
Contributions, to fund the Acquisition Financing Requirements, and (ii) to
provide financing for working capital and other general corporate purposes of
Company and its Subsidiaries following the Closing Date.

     

    NOW, THEREFORE, in consideration of
the premises and the agreements, provisions and covenants herein contained,
Company, Holdings, Lenders, Administrative Agent and Collateral Agent agree as
follows:

     

    Section
1.              DEFINITIONS

     

    
      	
               
      

            	
              1.1

            	
              Certain Defined
      Terms.

            

    

     

    The
following terms used in this Agreement shall have the following
meanings:

     

    “Acquisition” means the Merger
and the other transactions contemplated by the Merger Agreement to occur
substantially concurrently with the Merger.

     

    “Acquisition Financing
Requirements” means the aggregate of all amounts necessary (i) to
finance the payment of the consideration payable under the Merger Agreement
in respect of Target’s Capital Stock that has been converted into the right to
receive cash pursuant to the Merger Agreement and (ii) to refinance all
Existing Indebtedness to Be Repaid, and (iii) to pay Transaction
Costs.

     

    “Administrative Agent” has the
meaning assigned to that term in the introduction to this Agreement and also
means and includes any successor Administrative Agent appointed pursuant to
subsection 9.5A.

     

    “Affected Lenders” has the
meaning assigned to that term in subsection 2.6C.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    “Affected Loans” has the
meaning assigned to that term in subsection 2.6C.

     

    “Affiliate,” as applied to any
Person, means any other Person directly or indirectly controlling, controlled
by, or under common control with, that Person.  For the purposes of
this definition, “control” (including, with correlative meanings, the terms
“controlling,” “controlled by” and “under common control with”), as applied to
any Person, means the possession, directly or indirectly, of the power to direct
or cause the direction of the management and policies of that Person, whether
through the ownership of voting securities or by contract or
otherwise.

     

    “Affiliated Funds” means Funds
that are administered or managed by (i) a single entity or (ii) an
Affiliate of such entity.

     

    “Agents” means Administrative
Agent and Collateral Agent.

     

    “Aggregate Amounts Due” has the
meaning assigned to that term in subsection 10.5.

     

    “Agreement” means this First
Lien Credit Agreement dated as of June 15, 2007.

     

    “Approved Fund” means a Fund
that is administered or managed by (i) a Lender, (ii) an Affiliate of
a Lender or (iii) an entity or an Affiliate of an entity that administers
or manages a Lender.

     

    “Arrangers” has the meaning
assigned to that term in the introduction to this Agreement.

     

    “Asset Sale” means the sale by
any Loan Party or any of its Subsidiaries to any Person (other than (x) in the
case of any sale by Company or any Guarantor, a sale to Company or a Guarantor
or (y) in the case of any sale by any Subsidiary that is not a Guarantor, a sale
to another Subsidiary that is not a Guarantor) of (i) any of the stock of
any of Company’s Subsidiaries (including any issuance of stock by such
Subsidiaries) to a Person other than Company or a Guarantor;
(ii) substantially all of the assets of any division or line of business of
Company or any of its Subsidiaries; or (iii) any other assets (whether
tangible or intangible) of Company or any of its Subsidiaries, including by way
of merger or consolidation and including any Sale and Leaseback Transaction
(other than (a) inventory or services sold in the ordinary course of
business, (b) Cash or Cash Equivalents, (c) sales, assignments,
transfers or dispositions of accounts in the ordinary course of business for
purposes of compromise or collection, (d) any other assets to the extent that
the aggregate value of such assets sold in any single transaction or related
series of transactions is equal to $1,500,000 or less, (e) the making of
Investments permitted by subsection 7.3 and (f) sales and other
dispositions of assets permitted by subsection 7.6 (other than clause (iv)
thereof)).

     

    “Assignment Agreement” means an
Assignment and Assumption in substantially the form of Exhibit X annexed
hereto.

     

    “Attributable Indebtedness”
shall mean, when used with respect to any Sale and Leaseback Transaction, as at
the time of determination, the present value (discounted at a rate equivalent to
Company’s then-current weighted average cost of funds for borrowed money as at
the time of determination, compounded on a semi-annual basis) of the total
obligations of the lessee for rental payments during the remaining term of the
lease included in any such Sale and Leaseback Transaction.

     

    “Bankruptcy Code” means
Title 11 of the United States Code entitled “Bankruptcy,” as now and
hereafter in effect, or any successor statute.

     

    “Base Rate” means, at any time,
the higher of (i) the Prime Rate or (ii) the rate which is 1/2 of 1%
in excess of the Federal Funds Effective Rate.  Any change in the Base
Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall
be effective on the effective date of such change.  Administrative
Agent will give notice promptly to Company and the Lenders of changes in the
Base Rate; provided that the
failure to give such notice shall not affect the Base Rate in effect after such
change.

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    “Base Rate Loans” means Loans
bearing interest at rates determined by reference to the Base Rate as provided
in subsection 2.2A.

     

    “Base Rate Margin” means the
margin over the Base Rate used in determining the rate of interest of Base Rate
Loans pursuant to subsection 2.2A.

     

    “Business Day” means
(i) for all purposes other than as covered by clause (ii) below, any
day excluding Saturday, Sunday and any day which is a legal holiday under the
laws of the State of New York or is a day on which banking institutions located
in such state are authorized or required by law or other governmental action to
close, and (ii) with respect to all notices, determinations, fundings and
payments in connection with the Eurodollar Rate or any Eurodollar Rate Loans,
any day that is a Business Day described in clause (i) above and that is
also a day for trading by and between banks in Dollar deposits in the London
interbank market.

     

    “Capital Lease,” as applied to
any Person, means any lease of any property (whether real, personal or mixed) by
that Person as lessee that, in conformity with GAAP, is accounted for as a
capital lease on the balance sheet of that Person.

     

    “Capital Stock” means the
capital stock of or other equity interests in a Person.

     

    “Cash” means money, currency or
a credit balance in a Deposit Account.

     

    “Cash Equivalents” means, as at
any date of determination, (i) marketable securities (a) issued or
directly and unconditionally guaranteed as to interest and principal by the
United States or (b) issued by any agency of the United States the
obligations of which are backed by the full faith and credit of the United
States, in each case maturing within one year after such date;
(ii) marketable direct obligations issued by any state of the United States
of America or any political subdivision of any such state or any public
instrumentality thereof, in each case maturing within one year after such date
and having, at the time of acquisition thereof, the highest rating obtainable
from either Standard & Poor’s Ratings Group (“S&P”) or Moody’s Investors
Service Inc. (“Moody’s”);
(iii) commercial paper maturing no more than one year from the date of
creation thereof and having, at the time of acquisition thereof, a rating of at
least A-1 from S&P or at least P-1 from Moody’s; (iv) time deposits,
certificates of deposit or bankers’ acceptances maturing within one year after
such date and issued or accepted by any Lender or former Lender or by any
commercial bank organized under the laws of the United States of America or any
state thereof or the District of Columbia that has capital, surplus and
undivided profits of not less than $100,000,000; (v) shares of any money
market mutual fund that (a) has investment guidelines that require at least
95% of its assets to be invested continuously in the types of investments
referred to in clauses (i) and (ii) above, (b) has net assets of
not less than $500,000,000, and (c) has the highest rating obtainable from
either S&P or Moody’s; and (vi) in the case of any Foreign Subsidiary, short
term investments believed in good faith by Company to be of comparable credit
quality and tenure to those described in clauses (i) through (v)
above.

     

    “Certificate of Merger” means
the Certificate of Merger dated as of the Closing Date, in the form delivered to
Administrative Agent as such certificate may be amended from time to time
thereafter to the extent permitted under subsection 7.10.

     

    “CFC” has the meaning assigned
to that term in subsection 6.8B.

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    “Change in Control”
means:

     

                    (i)prior to the consummation of an IPO,
the Permitted Holders shall cease to beneficially own and control issued and
outstanding shares of capital stock of Holdings constituting a majority of the
voting power of the Capital Stock of Holdings with the power to vote to elect
the members of the Governing Body of Holdings;

     

                    (ii)the occurrence of any “Change in
Control” as defined in the Second Lien Credit Agreement or the Holdings Senior
PIK Credit Agreement;

     

                    (iii)at any time after the consummation of
an IPO, (A) (I) any “person” or “group” (as such terms are used in
Sections 13(d) and 14(d) of the Exchange Act), excluding the Permitted
Holders, shall become the beneficial owner, directly or indirectly, of Capital
Stock of Holdings with more than thirty-five percent (35%) of the voting power
of all outstanding Capital Stock of Holdings with the power to vote generally on
matters submitted to a vote of the stockholders of Holdings and (II) the
Permitted Holders shall beneficially own and control Capital Stock of Holdings
with a lesser percentage of the voting power of all outstanding Capital Stock of
Holdings or (B) the occurrence of a change in the composition of the
Governing Body of Holdings such that a majority of the members of any such
Governing Body are not Continuing Members; or

     

                    (iv)at any time, all of the capital stock
of Company ceasing to be directly or indirectly owned by Holdings.

     

    As used
herein, the term “beneficially own” or “beneficial ownership” shall have the
meaning assigned to those terms in the Exchange Act and the rules and
regulations promulgated thereunder.

     

    “Change in Law” means the
occurrence, after the date of this Agreement, of any of the
following:  (i) the adoption or taking effect of any law, rule,
regulation, treaty or order, (ii) any change in any law, rule, regulation
or treaty or in the administration, interpretation or application thereof by any
Government Authority, (iii) any determination of a court or other
Government Authority having the effect of a change in law, rule, regulation or
treaty or (iv) the making or issuance of any request, guideline or
directive (whether or not having the force of law) by any Government
Authority.

     

    “Class,” as applied to Lenders,
means each of the following two classes of Lenders:  (i) Lenders
having Revolving Loan Exposure, (ii) Lenders having Term Loan Exposure
related to the Term Loans.

     

    “Closing Date” means the date
on which the initial Loans are made.

     

    “Collateral” means,
collectively, all of the real, personal and mixed property in which Liens are
purported to be granted pursuant to the Collateral Documents as security for the
Obligations.

     

    “Collateral Account” has the
meaning assigned to that term in the Security Agreement.

     

    “Collateral Agent” means DB, in
its capacity as collateral agent for Secured Parties pursuant to the Collateral
Documents, and also means and includes any successor Collateral Agent appointed
pursuant to subsection 9.5A.

     

    “Collateral Documents” means
the Security Agreement, the Foreign Pledge Agreements, the Mortgages, the
Control Agreements and all other instruments or documents delivered by any Loan
Party pursuant to this Agreement or any other agreements or documents from time
to time in order to grant to Collateral Agent, on behalf of Secured Parties, a
Lien on any real, personal or mixed property of that Loan Party as security for
the Obligations.

     

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

    “Commercial Letter of Credit”
means any letter of credit or similar instrument issued for the purpose of
providing the primary payment mechanism in connection with the purchase of any
materials, goods or services by Company or any of its Subsidiaries in the
ordinary course of business of Company or such Subsidiary.

     

    “Commitments” means the
Revolving Loan Commitments and the Term Loan Commitments,
collectively.

     

    “Communications” has the
meaning assigned to that term in subsection 10.8.

     

    “Company” has the meaning
assigned to that term in the introduction to this Agreement.

     

    “Compliance Certificate” means
a certificate substantially in the form of Exhibit VIII
annexed hereto.

     

    “Confidential Information
Memorandum” means the Confidential Information Memorandum dated May 2007
and any supplement thereto relating to the credit facilities evidenced by this
Agreement provided by Company to the Arrangers for distribution to potential
Lenders.

     

    “Consolidated Capital
Expenditures” means, for any period, the sum of the aggregate of all
expenditures (whether paid in cash or other consideration or accrued as a
liability and including that portion of Capital Leases which is capitalized on
the consolidated balance sheet of Company and its Subsidiaries) by Company and
its Subsidiaries during that period that, in conformity with GAAP, are included
in “additions to property, plant or equipment” or comparable items reflected in
the consolidated statement of cash flows of Company and its Subsidiaries, but
excluding:

     

    (a)           capitalized
interest,

     

    (b)           expenditures
that are accounted for as capital expenditures of such Person and that actually
are paid for by a third party (excluding any Loan Party or any of their
Subsidiaries) and for which neither any Loan Party nor any Subsidiary has
provided or is required to provide or incur, directly or indirectly, any
consideration or obligation to such third party or any other Person (whether
before, during or after such period), and

     

    (c)           any
expenditure made (i) with Net Asset Sale Proceeds not required to be applied to
repay Loans, (ii) to restore, replace or rebuild property following any damage,
loss, destruction or condemnation of such property with Net
Insurance/Condemnation Proceeds not required to be applied to repay the Loans,
(iii) to the extent constituting any portion of a Permitted Acquisition or (iv)
to the extent made as part of the Acquisition.

     

    For
purposes of this definition, the purchase price of equipment that is purchased
simultaneously with the trade-in of existing equipment or with insurance
proceeds shall be included in Consolidated Capital Expenditures only to the
extent of the gross amount of such purchase price less the credit granted by the
seller of such equipment for the equipment being traded in at such time or the
amount of such proceeds, as the case may be.

     

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

    “Consolidated Cash Interest
Expense” means, for any period, Consolidated Interest Expense for such
period, excluding any
interest expense not payable in Cash (including amortization of discount and
amortization of debt issuance costs).

     

    “Consolidated Current Assets”
means, as at any date of determination, the total assets of Company and its
Subsidiaries on a consolidated basis which may properly be classified as current
assets in conformity with GAAP, excluding Cash and
Cash Equivalents.

     

    “Consolidated Current
Liabilities” means, as at any date of determination, the total
liabilities of Company and its Subsidiaries on a consolidated basis which may
properly be classified as current liabilities in conformity with GAAP, excluding the current
portions of each of Funded Debt and Capital Leases.

     

    “Consolidated EBITDA” means,
for any period, the sum, without duplication, of the amounts for such period of
(i) Consolidated Net Income, (ii) Consolidated Interest Expense,
(iii) provisions for taxes based on income, (iv) total depreciation
expense, (v) total amortization expense, (vi) other noncash items (other
than any such noncash item to the extent it represents an accrual of or reserve
for cash expenditures in any future period), including any noncash charges for
(a) goodwill write offs and write downs, (b) employee compensation plans and
expense recorded from grants of stock appreciation or similar rights, stock
options, restricted stock or other rights to officers, directors, employees or
contractors, and (c) purchase accounting adjustments (including the impact of
adjusting deferred revenues), (vii) any extraordinary charges or losses
determined in accordance with GAAP and any unusual or nonrecurring charges,
(viii) Transaction Costs and costs and expenses incurred in connection with
Permitted Acquisitions, the transactions contemplated by the Merger Documents,
(ix) any non-cash loss attributable to the mark-to-market movement in the
valuation of Hedge Agreements or other derivative instruments (to the extent the
cash impact resulting from such loss has not been realized) pursuant to
Financial Accounting Standards Board Statement No. 133, “Accounting for
Derivative Instruments and Hedging Activities,” (x) losses from and cost and
expenses incurred in respect of any sale or other disposition of property
(including but not limited to Asset Sales) permitted by the terms of this
Agreement, (xi) non-recurring charges resulting from severance, integration and
other adjustments (including restructuring charges) made as a result of (a) the
Acquisition or (b) any sale or other disposition of property permitted by the
terms of this Agreement, (xii) any losses from the early extinguishment of
Indebtedness or Hedge Agreements, (xiii) any impairment charge or asset
write-off pursuant to Financial Accounting Standards Board Statement No.
142—“Goodwill and Other Intangible Assets” or Financial Accounting Standards
Board Statement No. 144—“Accounting for the Impairment or Disposal of Long-Lived
Assets” and the amortization of intangibles arising pursuant to Financial
Accounting Standards Board Statement No. 141—“Business Combinations,” (xiv)
non-recurring charges resulting from the relocation of the chief executive
offices of Company in an amount not to exceed $2.0 million in the aggregate,
(xv) to the extent covered by insurance proceeds, losses in connections with
casualty events, but only, in the case of clauses (ii) through (xv), to the
extent deducted in the calculation of Consolidated Net Income, less noncash items
added in the calculation of Consolidated Net Income (other than any such noncash
item to the extent it will result in the receipt of cash payments in any future
period) and extraordinary, unusual or nonrecurring gains, all of the foregoing
as determined on a consolidated basis for Holdings and its Subsidiaries in
conformity with GAAP.

     

    “Consolidated Excess Cash Flow”
means, for any period, an amount (if positive) equal to (i) the sum,
without duplication, of the amounts for such period of (a) Consolidated
EBITDA, (b) the Consolidated Working Capital Adjustment and (c)
extraordinary, unusual or nonrecurring cash gains deducted from Consolidated
EBITDA minus
(ii) the sum, without duplication, of the amounts for such period of
(a) scheduled repayments of Consolidated Total Debt (excluding (x)
repayments of Revolving Loans except to the extent the Revolving Loan Commitment
Amount is permanently reduced in connection with such repayments and (y) any
such repayments out of the proceeds of refinancing Indebtedness), (b) internally
generated funds of Company and its Subsidiaries used to make Consolidated
Capital Expenditures (and any amounts that would be included as Consolidated
Capital Expenditures but for the operation of clause (c)(ii) of the
definition thereof (except, in the case of such clause (c)(ii), to the extent
made out of Net Insurance/Condemnation Proceeds)), (c) Consolidated Cash
Interest Expense, (d) current taxes based on income of Company and its
Subsidiaries and paid in cash with respect to such period, (e) internally
generated funds of Company and its Subsidiaries used during such period to
finance Permitted Acquisitions and Investments permitted by subsections
7.3(vii), (viii) (to the extent such amounts have not already been deducted in
calculating Consolidated Net Income) and (xi)(b)(x), (f) any other amount
paid from internally generated funds of Company and its Subsidiaries during such
period which was added back to Consolidated Net Income in determining
Consolidated EBITDA pursuant to clauses (vii), (viii), (x), (xi) and (xiv) of
the definition of Consolidated EBITDA, (g) any amount applied to make Restricted
Junior Payments permitted by subsection 7.4 (other than clauses (i), (iii),
(vii) and (viii) thereof) and (h) any cash security deposits made in respect of
leases for office space.

     

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

    

    “Consolidated Interest Expense”
means, for any period, total interest expense (including that portion
attributable to Capital Leases in accordance with GAAP, Attributable
Indebtedness and capitalized interest) of Company and its Subsidiaries on a
consolidated basis with respect to all outstanding Indebtedness of Company and
its Subsidiaries, including all commissions, discounts and other fees and
charges owed with respect to letters of credit and bankers’ acceptance
financing, net costs under Interest Rate Agreements and amounts referred to in
subsection 2.3A payable to Administrative Agent and Lenders that are
considered interest expense in accordance with GAAP.  Notwithstanding
the foregoing, Consolidated Interest Expense prior to the first anniversary of
the Closing Date shall be deemed to be actual Consolidated Interest Expense for
the period from the Closing Date to the end of the period for which Consolidated
Interest Expense is being determined multiplied by a
fraction the numerator of which is 365 and the denominator of which is the
number of days from the Closing Date until the last day of such
period.

     

    “Consolidated Leverage Ratio”
means, as of the last day of any Fiscal Quarter, the ratio of
(i) Consolidated Total Debt as at such date to (ii) Consolidated
EBITDA for the consecutive four Fiscal Quarters ending on such
date.

     

    “Consolidated Net Income”
means, for any period, the net income (or loss) of Company and its Subsidiaries
on a consolidated basis for such period taken as a single accounting period
determined in conformity with GAAP; provided that there
shall be excluded (i) the income (or loss) of any Person (other than a
Subsidiary of Company), except to the extent of the amount of dividends or other
distributions actually paid to Company or any of its Subsidiaries by such Person
during such period, (ii) except as contemplated by subsection 1.2, the
income (or loss) of any Person accrued prior to the date it becomes a Subsidiary
of Company or is merged into or consolidated with Company or any of its
Subsidiaries or that Person’s assets are acquired by Company or any of its
Subsidiaries, (iii) the income of any Subsidiary of Company to the extent
that the declaration or payment of dividends or similar distributions by that
Subsidiary of that income is not at the time permitted by operation of the terms
of its charter or any agreement, instrument, judgment, decree, order, statute,
rule or governmental regulation applicable to that Subsidiary, (iv) any
after-tax gains or losses attributable to asset sales outside the ordinary
course of business or returned surplus assets of any Pension Plan, and
(v) (to the extent not included in clauses (i) through
(iv) above) any net extraordinary gains or net noncash extraordinary
losses.

     

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

    “Consolidated Senior Secured Leverage
Ratio” means, as of the last day of any Fiscal Quarter, the ratio of
(i) Consolidated Total Senior Secured Debt as at such date to
(ii) Consolidated EBITDA for the consecutive four Fiscal Quarters ending on
such date.

     

    “Consolidated Total Debt”
means, as at any date of determination, the aggregate stated balance sheet
amount of all Indebtedness of Company and its Subsidiaries, determined on a
consolidated basis in accordance with GAAP.

     

    “Consolidated Total Senior Secured
Debt” means, as at any date of determination, the aggregate stated
balance sheet amount of all Indebtedness of Holdings and its Subsidiaries,
determined on a consolidated basis in accordance with GAAP, secured by a Lien at
such date.

     

    “Consolidated Working Capital”
means, as at any date of determination, the excess (or deficit) of Consolidated
Current Assets over Consolidated Current Liabilities.

     

    “Consolidated Working Capital
Adjustment” means, for any period on a consolidated basis, the amount
(which may be a negative number) by which Consolidated Working Capital as of the
beginning of such period exceeds (or is less than) Consolidated Working Capital
as of the end of such period, exclusive of any increase as a result of Net
Insurance/Condemnation Proceeds that have been invested pursuant to subsection
2.4B(iii); provided that, in
each case such amounts shall be increased or decreased by any noncash purchase
accounting adjustment contemplated by clause (vi)(c) of the definition of
Consolidated EBITDA.

     

    “Continuing Member” means, as
of any date of determination, any member of the Governing Body of Holdings who
was (i) (x) a member of such Governing Body on the Closing Date or
(y) nominated for election or elected to such Governing Body with the
affirmative vote of a majority of the members who were either members of such
Governing Body on the Closing Date or whose nomination or election was
previously so approved or (ii) appointed by the Permitted Holders.

     

    “Contractual Obligation,” as
applied to any Person, means any provision of any Security issued by that Person
or of any material indenture, mortgage, deed of trust, contract, undertaking,
agreement or other instrument to which that Person is a party or by which it or
any of its properties is bound or to which it or any of its properties is
subject.

     

    “Control Agreement” means an
agreement, reasonably satisfactory in form and substance to Administrative Agent
and executed by the financial institutions or securities intermediary at which a
Deposit Account or a Securities Account, as the case may be, is maintained,
pursuant to which such financial institution or securities intermediary confirms
and acknowledges Collateral Agent’s security interest in such account, and
agrees that the financial institution or securities intermediary, as the case
may be, will comply with entitlement orders or instructions originated by
Collateral Agent as to disposition of funds in such account, without further
consent by Company or the applicable Guarantor.

     

    “Currency Agreement” means any
foreign exchange contract, currency swap agreement, futures contract, option
contract, synthetic cap or other similar agreement or arrangement to which
Company or any of its Subsidiaries is a party.

     

    “DB” has the meaning assigned
to that term in the introduction to this Agreement.

     

    “Deposit Account” means a
demand, time, savings, passbook or similar account maintained with a Person
engaged in the business of banking, including a savings bank, savings and loan
association, credit union or trust company.

     

    
      
         

      

      
        -8-

        
          

        

      

      
         

      

    

    “Designated Noncash
Consideration” means the fair market value of noncash consideration
received by Company or any of its Subsidiaries in connection with an Asset Sale
that is so designated as Designated Noncash Consideration pursuant to an
Officer’s Certificate of Company delivered to Administrative Agent at or prior
to the time of such Asset Sale, setting forth the basis of such
valuation.

     

    “Dollars” and the sign “$” each mean the lawful money
of the United States of America.

     

    “Domestic Subsidiary” means any
Subsidiary of Company that is incorporated or organized under the laws of the
United States of America, any state thereof or the District of
Columbia.

     

    “Eligible Assignee” means
(i) any Lender, any Affiliate of any Lender and any Approved Fund of any
Lender; and (ii) (a) a commercial bank organized under the laws of the
United States or any state thereof; (b) a savings and loan association or
savings bank organized under the laws of the United States or any state thereof;
(c) a commercial bank organized under the laws of any other country or a
political subdivision thereof; provided that
(1) such bank is acting through a branch or agency located in the United
States or (2) such bank is organized under the laws of a country that is a
member of the Organization for Economic Cooperation and Development or a
political subdivision of such country; and (d) any other entity that is an
“accredited investor” (as defined in Regulation D under the Securities Act) that
extends credit or buys loans in the ordinary course including insurance
companies, mutual funds, lease financing companies and financing companies;
provided that
neither Company nor any Affiliate of Company shall be an Eligible
Assignee.

     

    “Employee Benefit Plan” means
any “employee benefit plan” as defined in Section 3(3) of ERISA (i) which is
currently maintained or contributed to by Company, any of its Subsidiaries or
any of their respective ERISA Affiliates; (ii) with respect to plans subject to
Section 412 of the Internal Revenue Code or Section 302 of ERISA, which was at
any time during the last six years maintained, contributed to or terminated by
Company, its Subsidiaries or any of their respective ERISA Affiliates, including
any Person which was at such time an ERISA Affiliate of Company; or (iii) with
respect to which there is any potential or outstanding liability of Company, its
Subsidiaries or any of their respective ERISA Affiliates.

     

    “Environmental Claim” means any
investigation, notice, notice of violation, claim, action, suit, proceeding,
demand, abatement order or other order or directive, by any Government Authority
or any other Person with respect to any Real Property Asset, arising
(i) pursuant to or in connection with any actual or alleged violation of
any Environmental Law, (ii) in connection with any actual or alleged
Hazardous Materials Activity, or (iii) in connection with any actual or
alleged liability under any Environmental Law.

     

    “Environmental Laws” means the
common law and any and all current or future statutes, ordinances, orders,
rules, regulations, judgments, Governmental Authorizations, or any other
requirements of any Government Authority relating to (i) environmental
matters, including those relating to any Hazardous Materials Activity, or
(ii) occupational safety and health or the protection of the environment or
human health (to the extent relating to exposure to Hazardous Materials),
applicable to Company or any of its Subsidiaries or any Facility.

     

    “Equity Contributions” means,
collectively, (a) the contribution by the Investors of an aggregate amount of
cash which, when taken together with rollover equity of the Rho Entities and
certain other existing shareholders of Company, will be in an aggregate amount
of not less than $175,500,000 to Holdings and (b) the further
contribution to Company of such cash contribution proceeds.

     

    
      
         

      

      
        -9-

        
          

        

      

      
         

      

    

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

     

    “ERISA Affiliate,” as applied
to any Person, means (i) any corporation that is a member of a controlled
group of corporations within the meaning of Section 414(b) of the Internal
Revenue Code of which that Person is a member; (ii) any trade or business
(whether or not incorporated) that is a member of a group of trades or
businesses under common control within the meaning of Section 414(c) of the
Internal Revenue Code of which that Person is a member; and (iii) any
member of an affiliated service group within the meaning of Section 414(m)
or (o) of the Internal Revenue Code of which that Person, any corporation
described in clause (i) above or any trade or business described in clause
(ii) above is a member.  Any former ERISA Affiliate of a Person
or any of its Subsidiaries shall continue to be considered an ERISA Affiliate of
such Person or such Subsidiary within the meaning of this definition with
respect to the period such entity was an ERISA Affiliate of such Person or such
Subsidiary and with respect to liabilities arising after such period for which
such Person or such Subsidiary could be liable under the Internal Revenue Code
or ERISA.

     

    “ERISA Event” means (i) a
“reportable event” within the meaning of Section 4043 of ERISA and the
regulations issued thereunder with respect to any Pension Plan (excluding those
for which the provision for 30-day notice to the PBGC has been waived by
regulation); (ii) the failure to meet the minimum funding standard of
Section 412 of the Internal Revenue Code with respect to any Pension Plan
(whether or not waived in accordance with Section 412 of the Internal Revenue
Code); (iii) the failure to make by its due date a required contribution
under Section 412(m) of the Internal Revenue Code (or Section 430(j) of the
Internal Revenue Code, as amended by the Pension Protection Act of 2006) with
respect to any Pension Plan or the failure to make any required contribution to
any Multiemployer Plan; (iv) the filing pursuant to Section 412 of the
Internal Revenue Code of an application for a waiver of the minimum funding
standard with respect to any Pension Plan; (v) the provision by the
administrator of any Pension Plan pursuant to Section 4041(a)(2) of ERISA of a
notice of intent to terminate such plan in a distress termination described in
Section 4041(c) of ERISA; (vi) the withdrawal by Company, any of its
Subsidiaries or any of their respective ERISA Affiliates from any Pension Plan
or Multiemployer Plan or the termination of any such Pension Plan resulting in
liability under Title IV of ERISA; (vii) the institution by the PBGC
of proceedings to terminate any Pension Plan, or the occurrence of any event or
condition which might constitute grounds under ERISA for the termination of, or
the appointment of a trustee to administer, any Pension Plan; (viii) the
imposition of liability on Company, any of its Subsidiaries or any of their
respective ERISA Affiliates pursuant to Section 4062(e) or 4069 of ERISA or
by reason of the application of Section 4212(c) of ERISA; (ix) the
withdrawal of Company, any of its Subsidiaries or any of their respective ERISA
Affiliates in a complete or partial withdrawal (within the meaning of Sections
4203 and 4205 of ERISA) from any Multiemployer Plan, or the receipt by Company,
any of its Subsidiaries or any of their respective ERISA Affiliates of notice
from any Multiemployer Plan that it is in reorganization or insolvency pursuant
to Section 4241 or 4245 of ERISA, or that it intends to terminate or has
terminated under Section 4041A or 4042 of ERISA; (x) the assertion of a
material claim (other than routine claims for benefits) against any Employee
Benefit Plan other than a Multiemployer Plan or the assets thereof, or against
Company, any of its Subsidiaries or any of their respective ERISA Affiliates in
connection with any Employee Benefit Plan; (xi) receipt from the Internal
Revenue Service of notice of the failure of any Pension Plan (or any other
Employee Benefit Plan intended to be qualified under Section 401(a) of the
Internal Revenue Code) to qualify under Section 401(a) of the Internal Revenue
Code, or the failure of any trust forming part of any Pension Plan to qualify
for exemption from taxation under Section 501(a) of the Internal Revenue Code;
or (xii) the imposition of a Lien pursuant to Section 401(a)(29) or 412(n)
of the Internal Revenue Code or pursuant to ERISA with respect to any Pension
Plan.

     

    
      
         

      

      
        -10-

        
          

        

      

      
         

      

    

    “Eurodollar Rate” means, for
any Interest Rate Determination Date, with respect to any Eurodollar Rate Loan
for any Interest Period, the rate per annum obtained by dividing (i) the
rate per annum determined by Administrative Agent at approximately 11:00 a.m.
(London time) on the date that is two Business Days prior to the beginning of
such Interest Period by reference to the British Bankers’ Association Interest
Settlement Rate for deposits in Dollars (as set forth by any service selected by
Administrative Agent which has been nominated by the British Bankers’
Association as an authorized information vendor for the purpose of displaying
such rates) for a period equal to such Interest Period; provided that, to the
extent that an interest rate is not ascertainable pursuant to the foregoing
provisions of this definition, the “Eurodollar Rate” shall be the interest rate
per annum determined by Administrative Agent to be the average of the rates per
annum at which deposits in Dollars are offered for such Interest Period to major
banks in the London interbank market in London, England at approximately 11:00
a.m. (London time) on the date that is two Business Days prior to the beginning
of such Interest Period by (ii) a
percentage equal to 100% minus the stated
maximum rate of all reserve requirements (including any marginal, emergency,
supplemental, special or other reserves) applicable on such Interest Rate
Determination Date to any member bank of the Federal Reserve System in respect
of “Eurocurrency liabilities” as defined in Regulation D (or any successor
category of liabilities under Regulation D).  Each determination by
Administrative Agent pursuant to this definition shall be conclusive absent
manifest error.

     

    “Eurodollar Rate Loans” means
Loans bearing interest at rates determined by reference to the Eurodollar Rate
as provided in subsection 2.2A.

     

    “Eurodollar Rate Margin” means the margin over
the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate
Loans pursuant to subsection 2.2A.

     

    “Event of Default” means each
of the events set forth in Section 8.

     

    “Exchange Act” means the
Securities Exchange Act of 1934, as amended from time to time, and any successor
statute.

     

    “Exchange Rate” means when an
amount denominated in a currency other than Dollars is to be determined with
respect to any Letter of Credit, the nominal rate of exchange of Administrative
Agent in the New York foreign exchange market for the sale of such currency in
exchange for Dollars at 12:00 noon (New York time) one Business Day prior to
such date, expressed as a number of units of such currency per one
Dollar.

     

    “Excluded Taxes” means, with
respect to Administrative Agent, any Lender, or any other recipient of any
payment to be made by or on account of any obligation of Company hereunder,
(i) Taxes that are imposed on the overall net income (however denominated)
and franchise Taxes imposed in lieu thereof by a jurisdiction (or any political
subdivision thereof) as a result of such recipient being organized or
incorporated or having its principal office or, in the case of any Lender,
maintaining its applicable lending office in, or otherwise doing business in,
such jurisdiction (other than a business arising or deemed to arise solely out
of any of the transactions contemplated by any Loan Document), (ii) any
branch profits Taxes imposed on a recipient by a jurisdiction described in
clause (i), and (iii) in the case of a Foreign Lender, any U.S. federal
withholding Tax that (x) is imposed on amounts payable to a Foreign Lender
(other than an assignee pursuant to a request of Company under
subsection 2.9) at the time such Lender becomes a party hereto (or
designates a new lending office) except to the extent that such Foreign Lender
(or its assignor, if any) was entitled, at the time of designation of a new
lending office (or assignment), to receive additional amounts from Company with
respect to such withholding tax pursuant to subsection 2.7B or (y) is
attributable to such Foreign Lender’s failure to comply with its obligations
under subsection 2.7B(iv).

     

    
      
         

      

      
        -11-

        
          

        

      

      
         

      

    

    “Existing Indebtedness to Be
Repaid” means all Indebtedness listed on Schedule
A.

     

    “Facilities” means any and all
real property (including all buildings, fixtures or other improvements located
thereon) now, hereafter or heretofore owned, leased, operated or used by Company
or any of its Subsidiaries or any of their respective predecessors or
Affiliates.

     

    “Federal Funds Effective Rate”
means, for any period, a fluctuating interest rate equal for each day during
such period to the weighted average of the rates on overnight Federal funds
transactions with members of the Federal Reserve System arranged by Federal
funds brokers, as published for such day (or, if such day is not a Business Day,
for the next preceding Business Day) by the Federal Reserve Bank of New York,
or, if such rate is not so published for any day which is a Business Day, the
average of the quotations for such day on such transactions received by
Administrative Agent from three Federal funds brokers of recognized standing
selected by Administrative Agent.

     

    “Fee Letter” means the fee
letter agreement dated April 27, 2007 among Holdings, DB and Deutsche Bank
Securities Inc.

     

    “Financial Plan” has the
meaning assigned to that term in subsection 6.1(xi).

     

    “First Priority” means, with
respect to any Lien purported to be created in any Collateral pursuant to any
Collateral Document, that (i) such Lien is perfected and has priority over
any other Lien on such Collateral (other than Liens permitted pursuant to
clauses (i), (ii), (iii), (iv) and (viii)) of subsection 7.2A) and
(ii) such Lien is the only Lien (other than Liens permitted pursuant to
subsection 7.2A) to which such Collateral is subject.

     

    “Fiscal Quarter” means a fiscal
quarter of any Fiscal Year.

     

    “Fiscal Year” means the fiscal
year of Holdings and its Subsidiaries ending on December 31 of each
calendar year.  For purposes of this Agreement, any particular Fiscal
Year shall be designated by reference to the calendar year in which such Fiscal
Year ends.

     

    “Flood Hazard Property” means a
Mortgaged Property, the improvements on which are located in an area designated
by the Federal Emergency Management Agency as having special flood or mud slide
hazards.

     

    “Foreign Lender” means any
Lender that is not a “United States person” within the meaning of
Section 7701(a)(30) of the Internal Revenue Code.

     

    “Foreign Plan” means any
employee benefit plan maintained by Company or any of its Subsidiaries that is
mandated or governed by any law, rule or regulation of any Government Authority
other than the United States, any state thereof or any other political
subdivision thereof.

     

    “Foreign Pledge Agreement”
means each pledge agreement or similar instrument governed by the laws of a
country other than the United States, executed on the Closing Date or from time
to time thereafter in accordance with subsection 6.8 by Company or any
Guarantor that owns Capital Stock of one or more Foreign Subsidiaries organized
in such country, in form and substance reasonably satisfactory to Administrative
Agent.

     

    “Foreign Subsidiary” means any
Subsidiary of Company that is not a Domestic Subsidiary.

     

    
      
         

      

      
        -12-

        
          

        

      

      
         

      

    

    “Fund” means 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.

     

    “Funded Debt,” as applied to
any Person, means all Indebtedness of that Person (including any current
portions thereof) which by its terms or by the terms of any instrument or
agreement relating thereto matures more than one year from, or is directly
renewable or extendable at the option of that Person to a date more than one
year from (including an option of that Person under a revolving credit or
similar agreement obligating the lender or lenders to extend credit over a
period of one year or more from), the date of the creation thereof.

     

    “Funding and Payment Account”
means the account specified in the payment instructions appearing below
Administrative Agent’s signature herein or the account designated as such in any
other written notice delivered by Administrative Agent to Company and each
Lender.

     

    “Funding and Payment Office”
means the office of Administrative Agent located at 100 Plaza One, Jersey City,
New Jersey 07311, or such other office of Administrative Agent as may from time
to time hereafter be designated as such in a written notice delivered by
Administrative Agent to Company and each Lender.

     

    “Funding Date” means the date
of funding of a Loan.

     

    “GAAP” means, subject to the
limitations on the application thereof set forth in subsection 1.2,
generally accepted accounting principles set forth in opinions and
pronouncements of the Accounting Principles Board of the American Institute of
Certified Public Accountants and statements and pronouncements of the Financial
Accounting Standards Board or in such other statements by such other entity as
may be approved by a significant segment of the accounting profession, in each
case as the same are applicable to the circumstances as of the date of
determination.

     

    “Governing Body” means the
board of directors or other body having the power to direct or cause the
direction of the management and policies of a Person that is a corporation,
partnership, trust or limited liability company.

     

    “Government Authority” means
the government of the United States or any other nation, or any state, regional
or local political subdivision or department thereof, and any other governmental
or regulatory agency, authority, body, commission, central bank, board, bureau,
organ, court, instrumentality or other entity exercising executive, legislative,
judicial, taxing, regulatory or administrative powers or functions of or
pertaining to government, in each case whether federal, state, local or foreign
(including supra-national bodies such as the European Union or the European
Central Bank).

     

    “Governmental Authorization”
means any permit, license, registration, authorization, plan, directive,
accreditation, consent, order or consent decree of or from, or notice to, any
Government Authority.

     

    “Governmental Real Property Disclosure
Requirements” means any Requirement of Law of any Government Authority
requiring notification of the buyer, lessee, mortgagee, assignee or other
transferee of any Real Property Asset, facility, establishment or business, or
notification, registration or filing to or with any Government Authority, in
connection with the sale, lease, mortgage, assignment or other transfer
(including any transfer of control) of any Real Property Asset, facility,
establishment or business, of the actual or threatened presence or Release in or
into the environment, or the use, disposal or handling of Hazardous Material on,
at, under or near the Real Property Asset, facility, establishment or business
to be sold, leased, mortgaged, assigned or transferred.

     

    
      
         

      

      
        -13-

        
          

        

      

      
         

      

    

    “Granting Lender” has the
meaning assigned to that term in subsection 10.1B(iii).

     

    “Guarantor” means Holdings and
any Domestic Subsidiary of Company that executes and delivers a counterpart of
the Guaranty from time to time after the Closing Date pursuant to
subsection 6.8.

     

    “Guaranty” means the First Lien
Guaranty executed and delivered by Holdings on the Closing Date and to be
executed and delivered by additional Domestic Subsidiaries of Company from time
to time thereafter in accordance with subsection 6.8, substantially in the
form of Exhibit
XII annexed hereto.

     

    “Hazardous Materials”
means:  (i) any chemical, material or substance defined as or
included in the definition of “hazardous substances,” “hazardous wastes,”
“hazardous materials,” “extremely hazardous waste,” “acutely hazardous waste,”
“radioactive waste,” “biohazardous waste,” “pollutant,” “toxic pollutant,”
“contaminant,” “restricted hazardous waste,” “infectious waste,” “toxic
substances,” or any other term intended to define, list or classify substances
by reason of properties harmful to health, safety or the indoor or outdoor
environment (including harmful properties such as ignitability, corrosivity,
reactivity, carcinogenicity, toxicity, reproductive toxicity, “TCLP toxicity” or
“EP toxicity” or words of similar import under any applicable Environmental
Laws); (ii) any oil, petroleum, petroleum fraction or petroleum derived
substance; (iii) any drilling fluids, produced waters and other wastes
associated with the exploration, development or production of crude oil, natural
gas or geothermal resources; (iv) any flammable substances or explosives;
(v) any radioactive materials; (vi) any asbestos-containing materials;
(vii) urea formaldehyde foam insulation; (viii) electrical equipment
which contains any oil or dielectric fluid containing polychlorinated biphenyls;
(ix) pesticides; and (x) any other chemical, material or substance,
exposure to which is prohibited, limited or regulated under any Environmental
Law.

     

    “Hazardous Materials Activity”
means any activity, event or occurrence involving any Hazardous Materials that
is regulated by or can give rise to liability under any Environmental Law,
including the use, manufacture, possession, storage, holding, presence,
existence, location, Release, threatened Release, discharge, placement,
generation, transportation, processing, construction, treatment, abatement,
removal, remediation, disposal, disposition or handling of any Hazardous
Materials, and any corrective action or response action with respect to any of
the foregoing.

     

    “Hedge Agreement” means an
Interest Rate Agreement or a Currency Agreement designed to hedge against
fluctuations in interest rates or currency values, respectively.

     

    “Holdings” has the meaning
assigned to that term in the introduction to this Agreement.

     

    “Holdings Senior PIK Credit
Agreement” means the Credit Agreement, dated as of the Closing Date, by
and among Holdings, the lenders and other parties thereto, as such agreement may
be amended, restated, supplemented or otherwise modified from time to time
thereafter to the extent permitted under subsection 7.10C, and any other
agreement relating to permitted Refinancing Holdings Senior PIK
Indebtedness.

     

    “Holdings Senior PIK
Indebtedness” means all Obligations
(as that term is defined in the Holdings Senior PIK Credit Agreement) of
Holdings under the Holdings Senior PIK Credit Agreement.

     

    
      
         

      

      
        -14-

        
          

        

      

      
         

      

    

    “Immaterial Subsidiary” means,
at any date of determination, any Subsidiary designated as such in writing by
Company that (i) contributed 2.5% or less of Consolidated EBITDA of Company for
the period of four Fiscal Quarters most recently ended more than forty-five (45)
days prior to the date of determination and (ii) had consolidated assets
representing 2.5% or less of Total Assets on the last day of the most recent
Fiscal Quarter ended more than forty-five (45) days prior to the date of
determination; provided that for
purposes of subsections 8.6, 8.7 and 8.8 only, in determining whether an Event
of Default has occurred with respect to a Material Subsidiary, if all
Subsidiaries that are individually “Immaterial Subsidiaries” as to which a
condition specified in any such subsection applies have (i) an aggregate
contribution to Consolidated EBITDA of Company in excess of 10% of Consolidated
EBITDA of Company for the period of four Fiscal Quarters most recently ended
more than forty-five (45) days prior to the date of determination or (ii)
aggregate consolidated assets representing 10% or more or more of Total Assets
on the last day of the most recent Fiscal Quarter ended more than forty-five
(45) days prior to the date of determination, then, in either case, such
condition shall be deemed to exist with respect to a Material
Subsidiary.

     

    “Indebtedness,” as applied to
any Person, means, without duplication, (i) all indebtedness for borrowed
money, (ii) that portion of obligations with respect to Capital Leases that
is properly classified as a liability on a balance sheet in conformity with
GAAP, (iii) notes payable and drafts accepted representing extensions of
credit whether or not representing obligations for borrowed money, (iv) any
obligation owed for all or any part of the deferred purchase price of property
or services (excluding any such obligations incurred under ERISA), which
purchase price is (a) due more than six months from the date of incurrence
of the obligation in respect thereof or (b) evidenced by a note or similar
written instrument (excluding in each case trade accounts payable and accrued
obligations incurred in the ordinary course of business), (v) Synthetic
Lease Obligations, (vi) all reimbursement obligations of such Person under
letters of credit, (vii) all indebtedness secured by any Lien on any
property or asset owned or held by that Person regardless of whether the
indebtedness secured thereby shall have been assumed by that Person or is
nonrecourse to the credit of that Person, (viii) all Attributable
Indebtedness of such Person, (ix) all obligations of such Person under Hedge
Agreements, and (x) any guarantee of such Person in respect of obligations
of the kind referred to in clauses (i) through (ix) above.  Any
Capital Stock of Holdings or Company constituting Specified Equity shall not be
deemed to be Indebtedness.  The amount of any Indebtedness that is
only recourse to specific assets of Holdings, Company and/or its Subsidiaries
(and not to Holdings, Company or any of its Subsidiaries generally) shall be
deemed to be equal to the lesser of (x) the principal amount of such
Indebtedness and (y) the fair market value of the assets of Holdings,
Company and/or its Subsidiaries to which such Indebtedness has
recourse.

     

    “Indemnified Liabilities” has
the meaning assigned to that term in subsection 10.3.

     

    “Indemnified Taxes” means, with
respect to Administrative Agent, any Lender or any other recipient of a payment
to be made by or on account of any obligation of Company hereunder, Taxes other
than Excluded Taxes.

     

    “Indemnitees” has the meaning
assigned to that term in subsection 10.3.

     

    “Insurance Policies” means the
insurance policies and coverages required to be maintained by each Loan Party
which is an owner of Mortgaged Property with respect to the applicable Mortgaged
Property pursuant to subsection 6.4 and all renewals and extensions
thereof.

     

    “Insurance Requirements” means,
collectively, all provisions of the Insurance Policies, all requirements of the
issuer of any of the Insurance Policies and all orders, rules, regulations and
any other requirements of the National Board of Fire Underwriters (or any other
body exercising similar functions) binding upon each Loan Party which is an
owner of Mortgaged Property and applicable to the Mortgaged Property or any use
or condition thereof.

     

    
      
         

      

      
        -15-

        
          

        

      

      
         

      

    

    “Intellectual Property” means
all patents, patent applications, trademarks, trademark applications (excluding
any intent-to-use trademark applications), trade names, copyrights, copyright
applications, technology, software, proprietary know-how and proprietary
processes used in the conduct of the business of the Loan Parties and their
Subsidiaries.

     

    “Intercreditor Agreement” means the Intercreditor
Agreement, dated as of the Closing Date, by and among Collateral Agent and
Second Lien Collateral Agent, substantially in the form of Exhibit XIV annexed
hereto, as such agreement may be amended, supplemented or otherwise modified
from time to time in accordance with its terms.

     

    “Interest Payment Date” means
(i) with respect to any Base Rate Loan, the last Business Day of each of
March, June, September and December of each year, commencing on the first such
date to occur after the Closing Date, and (ii) with respect to any
Eurodollar Rate Loan, the last day of each Interest Period applicable to such
Loan; provided
that, in the case of each Interest Period of longer than three months, “Interest
Payment Date” shall also include each date that is three months, or a multiple
thereof, after the commencement of such Interest Period.

     

    “Interest Period” has the
meaning assigned to that term in subsection 2.2B.

     

    “Interest Rate Agreement” means
any interest rate swap agreement, interest rate cap agreement, interest rate
collar agreement or other similar agreement or arrangement to which Holdings,
Company or any of its Subsidiaries is a party.

     

    “Interest Rate Determination
Date,” with respect to any Interest Period, means the second Business Day
prior to the first day of such Interest Period.

     

    “Internal Revenue Code” means
the Internal Revenue Code of 1986, as amended to the date hereof and from time
to time hereafter, and any successor statute.

     

    “Investment” means (i) any
direct or indirect purchase or other acquisition by Holdings or any of its
Subsidiaries of, or of a beneficial interest in, any Securities of any other
Person (including any Subsidiary of Company), (ii) any direct or indirect
loan, advance (other than loans and advances to employees for moving,
entertainment and travel expenses, drawing accounts and similar expenditures in
the ordinary course of business) or capital contribution by Holdings or any or
its Subsidiaries to any other Person, including all indebtedness and accounts
receivable from that other Person that are not current assets or did not arise
from sales to that other Person in the ordinary course of business, (iii)
Interest Rate Agreements or Currency Agreements not constituting Hedge
Agreements or (iv) any guarantee by Holdings or any of its Subsidiaries of any
obligations of any other Person (including obligations of Holdings or any of its
Subsidiaries).  The amount of any Investment shall be the original
cost of such Investment plus the cost of all
additions thereto, without any adjustments for increases or decreases in value,
or write-ups, write-downs or write-offs with respect to such Investment (other
than adjustments for the repayment of, or the refund of capital with respect to,
the original principal amount of any such Investment).

     

    “Investors” means the TA
Entities and other investors reasonably satisfactory to Administrative
Agent.

     

    “IP Collateral” means,
collectively, the Intellectual Property that constitutes Collateral under the
Security Agreement.

     

    
      
         

      

      
        -16-

        
          

        

      

      
         

      

    

    “IP Filing Office” means the
United States Patent and Trademark Office, the United States Copyright Office or
any successor or substitute office in the United States in which filings are
necessary or, in the reasonable opinion of Administrative Agent, desirable in
order to create or perfect Liens on, or evidence the interest of Collateral
Agent and Secured Parties in, any IP Collateral.

     

    “IPO” means the issuance by Holdings of its common
Capital Stock in an underwritten primary public offering (other than a public
offering pursuant to a registration statement on Form S-8) pursuant to an
effective registration statement filed with the Securities and Exchange
Commission in accordance with the Securities Act
(whether alone or in connection with a secondary public offering).

     

    “Issuing Lender,” with respect
to any Letter of Credit, means the Revolving Lender (or an Affiliate of such
Revolving Lender selected by such Revolving Lender (including, with respect to
any Commercial Letter of Credit, DB or Deutsche Bank AG, New York Branch)) that
agrees or is otherwise obligated to issue such Letter of Credit, determined as
provided in subsection 3.1B(ii).

     

    “Joint Venture” means a joint
venture, partnership or other similar arrangement, whether in corporate,
partnership or other legal form.

     

    “Lender” and “Lenders” means the Persons
identified as “Lenders” and listed on the signature pages of this Agreement,
together with their successors and permitted assigns pursuant to
subsection 10.1, and the term “Lenders” shall include Swing Line Lender
unless the context otherwise requires; provided that the
term “Lenders,” when used in the context of a particular Commitment, shall mean
Lenders having that Commitment.

     

    “Letter of Credit” or “Letters of Credit” means
Commercial Letters of Credit and Standby Letters of Credit issued or to be
issued by Issuing Lenders for the account of Company pursuant to
subsection 3.1.

     

    “Letter of Credit Usage” means,
as at any date of determination, the sum of (i) the maximum aggregate
amount which is or at any time thereafter may become available for drawing under
all Letters of Credit then outstanding plus (ii) the
aggregate amount of all drawings under Letters of Credit honored by Issuing
Lenders and not theretofore reimbursed out of the proceeds of Revolving Loans
pursuant to subsection 3.3B or otherwise reimbursed by
Company.

     

    “Lien” means any lien,
mortgage, pledge, assignment (only for the purposes of creating a security
interest), security interest, charge or encumbrance of any kind (including any
conditional sale or other title retention agreement or any lease in the nature
thereof) and, solely in the case of securities, any option, trust or other
preferential arrangement having the practical effect of any of the
foregoing.

     

    “Loan” or “Loans” means one or more of
the loans made by Lenders to Company pursuant to
subsection 2.1A.

     

    “Loan Documents” means this
Agreement, the Notes, the Letters of Credit (and any applications for, or
reimbursement agreements or other documents or certificates executed by Company
in favor of an Issuing Lender relating to, the Letters of Credit), the
Intercreditor Agreement, the Guaranty, the Collateral Documents and the Fee
Letter.

     

    “Loan Party” means each of
Company, Holdings and each other Guarantor from time to time, and “Loan Parties” means all such
Persons, collectively.

     

    
      
         

      

      
        -17-

        
          

        

      

      
         

      

    

    “Margin Stock” has the meaning
assigned to that term in Regulation U of the Board of Governors of the Federal
Reserve System as in effect from time to time.

     

    “Material Acquisition” means
the Acquisition and any other acquisition of property or series of related
acquisitions of property that (a) constitutes assets comprising all or
substantially all of an operating unit of a business or constitutes all or
substantially all of the common stock of a Person and (b) involves the
payment of consideration by the Loan Parties and their Subsidiaries in excess of
$250,000.

     

    “Material Adverse Effect” means
(i) a material adverse effect upon the business, operations, properties,
assets or financial condition of Holdings and its Subsidiaries taken as a whole
or (ii) the material impairment of the ability of any Loan Party to
perform, or of Administrative Agent, Collateral Agent or Secured Parties to
enforce, the Obligations or its rights and remedies under the Loan
Documents.

     

    “Material Disposition” means
any disposition of property or series of related dispositions of property that
yields gross proceeds to Holdings or any of its Subsidiaries in excess of
$250,000.

     

    “Material Subsidiary”
means any
Subsidiary of Company that is not an Immaterial Subsidiary.

     

    “Maximum Consolidated Capital
Expenditures Amount” has the meaning assigned to that term in
subsection 7.7.

     

    “Merger” means the merger of
Merger Sub with and into Target in accordance with the terms of the Merger
Agreement and the Certificate of Merger, with Target being the surviving
corporation.

     

    “Merger Agreement” means that
certain Agreement and Plan of Merger by and among Target, Holdings, Merger Sub,
the stockholder representative party thereto and the guarantor party thereto,
dated April 27, 2007, as amended through the date hereof.

     

    “Merger Documents” means the
Merger Agreement and the Certificate of Merger.

     

    “Merger MAC” means, when used
in connection with Company, any change, event, circumstance, condition or effect
that (a) is, individually or in the aggregate, materially adverse in relation to
the condition (financial or otherwise), business, operations, or results of
operations of Company and its Subsidiary, taken as a whole, or (b) impacts
Company’s ability to perform its obligations under the Merger Agreement in a
timely manner, except to the extent that any such change, event, condition or
effect results from (i) actions by Company or its Subsidiary in accordance with
the terms of the Merger Agreement or taken at the direction or request of
another party to the Merger Agreement; (ii) the announcement, pursuant to the
terms of Section 11.2 of the Merger Agreement, of the actual or prospective
consummation of the Merger Agreement or the transactions contemplated by the
Merger Agreement, including, but not limited to, any employee attrition, impact
on revenues and relationship with suppliers and customers; (iii) changes in
general economic conditions of the United States or foreign economies,
currencies or securities or financial markets; (iv) changes generally
affecting the industry in which Company or its Subsidiary operates (except to the extent that such changes
have a disproportionate effect on Company or its Subsidiary); (v) acts of God, earthquakes,
hostilities, acts of sabotage or terrorism or military actions or any escalation
or material worsening of any such hostilities, acts of sabotage or terrorism or
military actions (except to the
extent that such changes, events or conditions have a disproportionate
effect on Company or its
Subsidiary); or (vi)
changes in Applicable Laws (as defined in the Merger Agreement) or accounting
rules.

     

    
      
         

      

      
        -18-

        
          

        

      

      
         

      

    

    “Merger Sub” means TA Indigo
Merger Sub, Inc., a Delaware corporation and a wholly owned Subsidiary of
Holdings.

     

    “Mortgage” means a security
instrument (whether designated as a deed of trust or a mortgage or by any
similar title) executed and delivered by any Loan Party in such form as may be
approved by Administrative Agent in its reasonable discretion, in each case with
such changes thereto as may be necessary or appropriate in Administrative
Agent’s or its local counsel’s judgment to conform such instrument to applicable
local laws or customary local mortgage or deed of trust
practices.  “Mortgages” means all such
instruments collectively.

     

    “Mortgaged Property” and
“Mortgaged Properties”
have the meanings assigned to such terms in subsection 6.9A.

     

    “Multiemployer Plan” means any
Employee Benefit Plan that is a “multiemployer plan” as defined in Section 3(37)
of ERISA.

     

    “Net Asset Sale Proceeds,” with
respect to any Asset Sale, means Cash payments (including any Cash received by
way of deferred payment pursuant to, or by monetization of, a note receivable or
otherwise, but only as and when so received) actually received by Holdings or
any of its Subsidiaries from such Asset Sale, net of any bona fide direct costs
incurred in connection with such Asset Sale, including (i) income taxes
reasonably estimated to be actually payable as a result of any gain recognized
in connection with such Asset Sale, (ii) sale, use or other transactional
expenses paid or payable as a result of such Asset Sale, (iii) payment of
the outstanding principal amount of, premium or penalty, if any, and interest on
any Indebtedness (other than the Loans) that is (a) secured by a Lien on
the stock or assets in question and (b) actually paid at the time of receipt of
such cash payment to a Person that is not an Affiliate of any Loan Party,
(iv) amounts provided as a reserve, in accordance with GAAP, against any
liabilities (contingent or otherwise) associated with such Asset Sale (including
reserves for indemnities), (v) payment of unassumed liabilities relating to the
assets sold or otherwise disposed of pursuant to such Asset Sale made within 90
days of such Asset Sale, and (vi) attorneys’ fees, accountants’ fees, investment
banking fees, and brokerage, consultant and other customary fees actually
incurred in connection therewith.  Net Asset Sale Proceeds shall not
include any Cash payments held in escrow until such time as such amounts are
released from escrow.

     

    “Net Insurance/Condemnation
Proceeds” means any Cash payments or proceeds actually received by
Holdings or any of its Subsidiaries (i) under any casualty insurance policy
in respect of a covered loss thereunder in respect of any tangible property or
(ii) as a result of the taking of any assets of Holdings or any of its
Subsidiaries by any Person pursuant to the power of eminent domain, condemnation
or otherwise, or pursuant to a sale of any such assets to a purchaser with such
power under threat of such a taking, in each case net of any actual and
reasonable documented costs incurred by Holdings or any of its Subsidiaries in
connection with the collection, adjustment or settlement of any claims of
Holdings or such Subsidiary in respect thereof, including (a) income taxes
reasonably estimated to be actually payable as a result of any gain recognized
in connection with such loss, taking, condemnation or sale, (b) sales, use
or other transactional taxes paid or payable as a result of such loss, taking,
condemnation or sale, (c) payment of the outstanding principal amount of,
premium or penalty, if any, and interest on any Indebtedness (other than the
Loans) that is (x) secured by a Lien on the assets in question and
(y) actually paid at the time of receipt of such cash payment to a Person
that is not an Affiliate of any Loan Party, (d) any amounts provided as a
reserve, in accordance with GAAP, against any liabilities (contingent or
otherwise) associated with such loss, taking, condemnation or sale (including
reserves for indemnities), (e) payment of reimbursed liabilities relating to
such loss, taking or condemnation and (f) attorneys’ fees, consultant fees
and other customary fees actually incurred in connection therewith.

     

    
      
         

      

      
        -19-

        
          

        

      

      
         

      

    

    “Net Securities Proceeds” means
the cash proceeds (net of underwriting discounts and commissions and other costs
and expenses actually incurred in connection therewith, including legal fees and
expenses) from the incurrence of Indebtedness by Holdings or any of its
Subsidiaries.

     

    “Non-Consenting Lender” has the
meaning assigned to that term in subsection 2.9.

     

    “Notes” means one or more of
the Term Notes, Revolving Notes or Swing Line Notes or any combination
thereof.

     

    “Notice of Borrowing” means a
notice substantially in the form of Exhibit I
annexed hereto.

     

    “Notice of
Conversion/Continuation” means a notice substantially in the form of
Exhibit II
annexed hereto.

     

    “Notice of Prepayment” means a notice
substantially in the form of Exhibit IV
annexed hereto.

     

    “Obligations” means
(a) obligations of Company and the other Loan Parties from time to time
arising under or in respect of the due and punctual payment of (i) the
principal of and premium, if any, and interest (including interest accruing
during the pendency of any bankruptcy, insolvency, receivership or other similar
proceeding, regardless of whether allowed or allowable in such proceeding) on
the Loans, when and as due, whether at maturity, by acceleration, upon one or
more dates set for prepayment or otherwise, (ii) each payment required to
be made by Company and the other Loan Parties under this Agreement in respect of
any Letter of Credit, when and as due, including payments in respect of interest
thereon and obligations to provide cash collateral, and (iii) all other
monetary obligations, including fees, costs, expenses and indemnities, whether
primary, secondary, direct, contingent, fixed or otherwise (including monetary
obligations incurred during the pendency of any bankruptcy, insolvency,
receivership or other similar proceeding, regardless of whether allowed or
allowable in such proceeding), of Company and the other Loan Parties under this
Agreement and the other Loan Documents and under any Hedge Agreement entered
into with any Swap Counterparty, and (b) the due and punctual performance
of all covenants, agreements, obligations and liabilities of Company and the
other Loan Parties under or pursuant to this Agreement and the other Loan
Documents.

     

    “OFAC” has the meaning assigned
to that term in subsection 10.1(G).

     

    “Officer” of any Person means
the president, chief executive officer, chief financial officer, treasurer,
controller, general partner (if an individual) and managing member (if an
individual) of such Person.

     

    “Officer’s Certificate,” as
applied to any Person that is a corporation, partnership, trust or limited
liability company, means a certificate executed on behalf of such Person by one
or more Officers of such Person or one or more Officers of a general partner or
a managing member if such general partner or managing member is a corporation,
partnership, trust or limited liability company.

     

    “Organizational Documents”
means the documents (including Bylaws, if applicable) pursuant to which a Person
that is a corporation, partnership, trust or limited liability company is
organized.

     

    
      
         

      

      
        -20-

        
          

        

      

      
         

      

    

    “Other Taxes” means all present
or future stamp or documentary taxes or any excise, property or similar taxes,
charges, fees, expenses or levies arising from any payment made hereunder or
under any other Loan Document or from the execution, delivery, registration or
enforcement of, or otherwise with respect to, this Agreement or any other Loan
Document and any interest, penalties or additions to tax related
thereto.

     

    “Participant” means a purchaser
of a participation in the rights and obligations under this Agreement pursuant
to subsection 10.1C.

     

    “Participant Register” has the
meaning assigned to that term in subsection 10.1C(2).

     

    “Patriot Act” means the Uniting
and Strengthening America by Providing Appropriate Tools Required to Intercept
and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 (Title III of Pub. L.
107-56 (signed into law October 26, 2001)).

     

    “PBGC” means the Pension
Benefit Guaranty Corporation or any successor thereto.

     

    “Pension Plan” means any
Employee Benefit Plan, other than a Multiemployer Plan, that is covered by
Title IV of ERISA or is subject to Section 412 of the Internal Revenue Code
or Section 302 of ERISA, and, for purposes of subsection 8.10, any Foreign
Plan.

     

    “Permitted Acquisition” means
any transaction or series of related transactions for the direct or indirect (a)
acquisition of all or substantially all of the property of any Person, or of any
business or division of any Person; (b) acquisition of a majority of the Capital
Stock of any Person, and otherwise causing such Person to become a Subsidiary of
such Person; or (c) merger or consolidation or any other combination with any
Person, if each of the following conditions is met:

     

                    (i)the board of directors of the Person
to be acquired shall not have indicated publicly its opposition to the
consummation of such acquisition (which opposition has not been publicly
withdrawn);

     

                    (ii)all transactions in connection
therewith shall be consummated in accordance with all applicable Requirements of
Law;

     

                    (iii)any Person or assets or division as
acquired in accordance herewith shall be in the same business or lines of
business, or in a business or in lines of business substantially similar,
related or incidental to such business or lines of business, in which Company
and/or its Subsidiaries are engaged as of the Closing Date;

     

                    (iv)if the purchase price exceeds
$1,000,000, at least 10 Business Days prior to the proposed date of consummation
of the transaction, Company shall have delivered to Administrative Agent an
Officers’ Certificate certifying that (A) such transaction complies with this
definition (which, unless Administrative Agent shall otherwise agree, shall have
attached thereto reasonably detailed backup data and calculations showing such
compliance), and (B) such transaction would not reasonably be expected to result
in a Material Adverse Effect; and

     

                    (v)except in the case of a Permitted
Acquisition for which the purchase price does not exceed $1,000,000, subject to
confidentiality arrangements, Company shall have delivered to Administrative
Agent any information reasonably requested by Administrative Agent (but only to
the extent consistent with confidentiality obligations of Company).

     

    
      
         

      

      
        -21-

        
          

        

      

      
         

      

    

    “Permitted Encumbrances” means
the following types of Liens (excluding any such Lien imposed pursuant to
Section 401(a)(29) or 412(n) of the Internal Revenue Code or by
ERISA):

     

                    (i)Liens for taxes, assessments or
governmental charges or claims the payment of which is not, at the time,
required by subsection 6.3;

     

                    (ii)statutory Liens of landlords, Liens
of collecting banks under the UCC on items in the course of collection,
statutory Liens of banks, statutory Liens of carriers, warehousemen, mechanics,
repairmen, workmen and materialmen, and other Liens imposed by law, in each case
incurred in the ordinary course of business (a) for amounts not yet overdue
by more than 30 days or (b) for amounts that are overdue by more than 30
days and are being contested in good faith by appropriate proceedings, so long
as in the case of this clause (b), (1) such reserves or other
appropriate provisions, if any, as shall be required by GAAP shall have been
made for any such contested amounts, and (2) in the case of a Lien with
respect to any material portion of the Collateral, such contest proceedings
conclusively operate to stay the sale of any material portion of the Collateral
on account of such Lien;

     

                    (iii)(a) pledges and deposits made in the
ordinary course of business in connection with workers’ compensation,
unemployment insurance and other types of social security, or to secure the
performance of statutory obligations, bids, leases, government contracts, trade
contracts, and other similar obligations (exclusive of obligations for the
payment of borrowed money), so long as no foreclosure, sale or similar
proceedings have been commenced with respect to any portion of the Collateral on
account thereof and (b) pledges and deposits in respect of letters of credit or
bank guarantees that have been posted to support payment of the items set forth
in clause (a) of this clause (iii);

     

                    (iv)any attachment or judgment Lien not
constituting an Event of Default under subsection 8.8;

     

                    (v)licenses, leases or subleases granted
to other Persons that do not violate any applicable terms of the Collateral
Documents and do not interfere in any material respect with the ordinary conduct
of the business of Holdings or any of its Subsidiaries or result in a material
diminution in the value of any Collateral as security for the
Obligations;

     

                    (vi)easements, rights-of-way,
restrictions, encroachments and other minor defects or irregularities in title,
in each case which do not and will not interfere in any material respect with
the ordinary conduct of the business of Holdings or any of its Subsidiaries or
result in a material diminution in the value of any Collateral as security for
the Obligations;

     

                    (vii)any (a) interest or title of a
lessor or sublessor under any lease not prohibited by this Agreement,
(b) Lien or restriction that the interest or title of such lessor or
sublessor may be subject to, or (c) subordination of the interest of the
lessee or sublessee under such lease to any Lien or restriction referred to in
the preceding clause (b);

     

                    (viii)Liens arising from filing UCC
financing statements (and the precautionary grants of security interests)
relating solely to leases not prohibited by this Agreement;

     

                    (ix)Liens in favor of customs and revenue
authorities arising as a matter of law to secure payment of customs duties in
connection with the importation of goods;

     

    
      
         

      

      
        -22-

        
          

        

      

      
         

      

    

                    (x)any zoning or similar law or right
reserved to or vested in any Government Authority to control or regulate the use
of any real property;

     

                    (xi)Liens granted pursuant to the Loan
Documents;

     

                    (xii)Liens securing obligations (other
than obligations representing Indebtedness for borrowed money) under operating,
reciprocal easement or similar agreements entered into in the ordinary course of
business of Holdings or any of its Subsidiaries or otherwise binding upon
Holdings or any of its Subsidiaries by virtue of its interests in real property
subject to such agreements;

     

                    (xiii)bankers’ or brokers’ Liens, rights of
set-off and other similar Liens existing solely with respect to Cash and Cash
Equivalents or investment property on deposit in one or more accounts maintained
by Holdings or any of its Subsidiaries (including any restriction on the use of
such Cash and Cash Equivalents or investment property), in each case granted in
the ordinary course of business in favor of the bank or banks or brokers with
which such accounts are maintained, securing amounts owing to such bank or banks
or brokers with respect to cash management and operating account arrangements
and brokerage or commodities accounts, including those involving pooled accounts
and netting arrangements;

     

                    (xiv)Liens (i) of a collection bank
arising under Section 4-210 of the Uniform Commercial Code on items in the
course of collection or (ii) in favor of a banking institution arising as a
matter of law encumbering deposits (including the right of set-off) and which
are within the general parameters customary in the banking industry;
and

     

                    (xv)with respect to each Mortgaged
Property, Permitted
Encumbrances other than those described in clauses (iii), (ix), (xiii) and
(xiv).

     

    “Permitted Holders” means the
TA Entities and the Rho Entities.

     

    “Person” means and includes
natural persons, corporations, limited partnerships, general partnerships,
limited liability companies, limited liability partnerships, joint stock
companies, Joint Ventures, associations, companies, trusts, banks, trust
companies, land trusts, business trusts or other organizations, whether or not
legal entities, and Government Authorities.

     

    “Potential Event of Default”
means a condition or event that, after notice or lapse of time or both, would
constitute an Event of Default.

     

    “Premises” shall have the
meaning assigned thereto in the applicable Mortgage.

     

    “Pricing Certificate” means an
Officer’s Certificate of Company certifying the Consolidated Leverage Ratio as
at the last day of any Fiscal Quarter and setting forth the calculation of such
Consolidated Leverage Ratio in reasonable detail.

     

    “Prime Rate” means the rate
that DB announces from time to time as its prime lending rate, as in effect from
time to time.  The Prime Rate is a reference rate and does not
necessarily represent the lowest or best rate actually charged to any
customer.  DB or any other Lender may make commercial loans or other
loans at rates of interest at, above or below the Prime Rate.

     

    “Proceedings” means any action,
suit, proceeding (whether administrative, judicial or otherwise), governmental
investigation or arbitration.

     

    
      
         

      

      
        -23-

        
          

        

      

      
         

      

    

    “Pro Forma Basis” means, with respect to
compliance with any test or covenant hereunder, compliance with such test or
covenant after giving effect to (a) any Material Acquisition, (b) any Material
Disposition or (c) any incurrence of Indebtedness (including pro forma
adjustments arising out of events which are directly attributable to the
Material Acquisition, Material Disposition or incurrence of Indebtedness
(including the use of proceeds thereof), are factually supportable and are
expected to have a continuing impact, in each case as determined on a basis
consistent with Article 11 of Regulation S-X of the Securities Act, as
interpreted by the Staff of the Securities and Exchange Commission) using, for
purposes of determining such compliance, the historical financial statements of
all entities or assets so acquired or sold (to the extent available) and the
consolidated financial statements of Company and its Subsidiaries, which shall
be reformulated as if such Material Acquisition or Material Disposition, and all
other Material Acquisitions or Material Dispositions that have been consummated
during the period, and any Indebtedness or other liabilities to be incurred or
repaid in connection therewith had been consummated and incurred or repaid at
the beginning of such period (and assuming that such Indebtedness to be incurred
bears interest during any portion of the applicable measurement period prior to
the relevant acquisition at the weighted average of the interest rates
applicable to outstanding Loans incurred during such period).

     

    “Pro Forma Compliance” means, at any date of
determination, that the Loan Parties and their Subsidiaries shall be in pro
forma compliance with the covenant set forth in subsection 7.5 (whether or not
any Revolving Loans or Swing Line Loans are outstanding or Letters of Credit are
outstanding and not cash collateralized in full) as of the last day of the most
recently completed Fiscal Quarter (computed on the basis of (a) balance sheet
amounts as of such date and (b) income statement amounts for the most recently
completed period of four consecutive Fiscal Quarters for which financial
statements shall have been delivered to Administrative Agent and calculated on a
Pro Forma Basis in respect of the event giving rise to such
determination).

     

    “Pro Rata Share” means (i) (a)
with respect to any borrowings under the Term Loan Commitments, the percentage
obtained by dividing (x) the Term
Loan Commitment of any Lender by (y) the Term Loan Commitments of all
Lenders and (b) with respect to any payments under the Term Loans, the
percentage obtained by dividing (x) the Term
Loans of such Lender by (y) the Term Loans of all Lenders, (ii) with
respect to all payments, computations and other matters relating to the
Revolving Loan Commitment or the Revolving Loans of any Lender or any Letters of
Credit issued or participations therein deemed purchased by any Lender or any
assignments of any Swing Line Loans deemed purchased by any Lender, the
percentage obtained by dividing (x) the
Revolving Loan Exposure of that Lender by (y) the
aggregate Revolving Loan Exposure of all Lenders, and (iii) for all other
purposes with respect to each Lender, the percentage obtained by dividing (x) the
sum of the Term Loan Exposure of that Lender plus the Revolving
Loan Exposure of that Lender by (y) the sum
of the aggregate Term Loan Exposure of all Lenders plus the aggregate
Revolving Loan Exposure of all Lenders, in any such case as the applicable
percentage may be adjusted by assignments permitted pursuant to
subsection 10.1.  The initial Pro Rata Share of each Lender for
purposes of each of clauses (i), (ii) and (iii) of the preceding sentence is set
forth opposite the name of that Lender in the Register.

     

    “Real Property Asset” means, at
any time of determination, any and all right, title and interest (including any
fee, leasehold or other estate) then owned, leased, operated or otherwise used
by any Loan Party (other than any Foreign Subsidiary) in any real
property.

     

    “Reference Period” means any
period of four consecutive Fiscal Quarters.

     

    “Refinanced Term Loans” has the
meaning assigned to that term in subsection 10.6C.

     

    
      
         

      

      
        -24-

        
          

        

      

      
         

      

    

    “Refinancing Holdings Senior PIK
Indebtedness” has the meaning assigned to that term in subsection
7.1(viii).

     

    “Refinancing Second Lien
Indebtedness” has the meaning assigned to that term in subsection
7.1(vii).

     

    “Refunded Swing Line Loans” has
the meaning assigned to that term in subsection 2.1A(iii)(b).

     

    “Register” has the meaning
assigned to that term in subsection 2.1D.

     

    “Regulation D” means
Regulation D of the Board of Governors of the Federal Reserve System, as in
effect from time to time.

     

    “Reimbursement Date” has the
meaning assigned to that term in subsection 3.3B.

     

    “Related Agreements” means the
Second Lien Credit Agreement and the Holdings Senior PIK Credit
Agreement.

     

    “Related Parties” has the
meaning assigned to that term in subsection 9.1A.

     

    “Release” means any spilling,
emitting, leaking, pumping, pouring, injecting, escaping, disposing,
discharging, dumping or leaching of Hazardous Materials into the indoor or
outdoor environment (including the abandonment or disposal of any barrels,
containers or other closed receptacles containing any Hazardous Materials),
including the movement of any Hazardous Materials through the air, soil, surface
water or groundwater.

     

    “Replacement Term Loans” has
the meaning assigned to that term in subsection 10.6C.

     

    “Request for Issuance” means a
request substantially in the form of Exhibit III
annexed hereto.

     

    “Requirements of Law” means,
collectively, any and all requirements of any Government Authority including any
and all laws, judgments, orders, decrees, ordinances, rules, regulations,
statutes or case law.

     

    “Requisite Class Lenders”
means, at any time of determination, (i) for Lenders having Revolving Loan
Exposure, Lenders having or holding more than 50% of the aggregate Revolving
Loan Exposure of all Lenders, and (ii) for Lenders having Term Loan
Exposure, Lenders having or holding more than 50% of the aggregate Term Loan
Exposure of all Lenders.

     

    “Requisite Lenders” means, at
any time of determination, Lenders having or holding more than 50% of the sum of
the aggregate Term Loan Exposure of all Lenders plus the aggregate
Revolving Loan Exposure of all Lenders.

     

    “Restricted Junior Payment”
means (i) any dividend or other distribution, direct or indirect, on
account of any shares of any class of stock of Holdings or Company now or
hereafter outstanding, except a dividend payable solely in shares of stock
constituting Specified Equity, (ii) any redemption, retirement, sinking
fund or similar payment, purchase or other acquisition for value, direct or
indirect, of any shares of any class of stock of Holdings or Company now or
hereafter outstanding, (iii) any payment made to retire, or to obtain the
surrender of, any outstanding warrants, options or other rights to acquire
shares of any class of stock of Holdings or Company now or hereafter
outstanding, and (iv) any prepayment of principal of, premium, if any, or
interest on, or redemption, purchase, retirement, defeasance (including
in-substance or legal defeasance), sinking fund or similar payment with respect
to, any Subordinated Indebtedness.

     

    
      
         

      

      
        -25-

        
          

        

      

      
         

      

    

    “Revolving Lender” means a
Lender that has a Revolving Loan Commitment and/or that has an outstanding
Revolving Loan.

     

    “Revolving Loan Commitment”
means, for each Lender, such Lender’s commitment, if any, to make Revolving
Loans to Company pursuant to subsection 2.1A(ii) in an amount not to exceed the
amount set forth opposite such Lender’s name under the caption “Revolving Loan
Commitment” on Schedule 2.1, as the
same may be adjusted to give effect to any assignment of such Revolving Loan
Commitment pursuant to subsection 10.1B or any reduction of the Revolving Loan
Commitments pursuant to the terms of this Agreement, and “Revolving Loan Commitments”
means such commitments of all Lenders in the aggregate.  The aggregate
amount of the Revolving Loan Commitments on the Closing Date is
$15,000,000.

     

    “Revolving Loan Commitment
Amount” means, at any date, the aggregate amount of the Revolving Loan
Commitments of all Revolving Lenders.

     

    “Revolving Loan Commitment Termination
Date” means June 15, 2013.

     

    “Revolving Loan Exposure,” with
respect to any Revolving Lender, means, as of any date of determination,
(i) prior to the termination of the Revolving Loan Commitments, the amount
of that Lender’s Revolving Loan Commitment, and (ii) after the termination
of the Revolving Loan Commitments, the sum of (a) the aggregate outstanding
principal amount of the Revolving Loans of that Lender plus (b) in the
event that Lender is an Issuing Lender, the aggregate Letter of Credit Usage in
respect of all Letters of Credit issued by that Lender (in each case net of any
participations purchased by other Lenders in such Letters of Credit or in any
unreimbursed drawings thereunder) plus (c) the
aggregate amount of all participations purchased by that Lender in any
outstanding Letters of Credit or any unreimbursed drawings under any Letters of
Credit plus
(d) in the case of Swing Line Lender, the aggregate outstanding principal
amount of all Swing Line Loans (net of any assignments thereof deemed purchased
by other Revolving Lenders) plus (e) the
aggregate amount of all assignments deemed purchased by that Lender in any
outstanding Swing Line Loans.

     

    “Revolving Loans” means the
Loans made by Revolving Lenders to Company pursuant to
subsection 2.1A(ii).

     

    “Revolving Notes” means any
promissory notes of Company issued pursuant to subsection 2.1E to evidence
the Revolving Loans of any Revolving Lenders, substantially in the form of Exhibit VI
annexed hereto.

     

    “Rho Entities” means,
collectively, Rho Capital Partners, its Affiliates (other than its portfolio
companies) and any investment funds advised or managed by any of the
foregoing.

     

    “Sale and Leaseback
Transaction” has the meaning assigned to that term in
subsection 7.13.

     

    “Second Lien Administrative
Agent” means
DB, as administrative agent under the Second Lien Credit Agreement, and any
successor administrative agent thereunder.

     

    
      
         

      

      
        -26-

        
          

        

      

      
         

      

    

    “Second Lien Collateral
Agent” means
DB, as collateral agent under the Second Lien Credit Agreement, and any
successor collateral agent thereunder.

     

    “Second Lien Credit Agreement”
means the Second Lien Credit Agreement, dated as of the Closing Date, by and
among Holdings, Company, the lenders party thereto, Second Lien Administrative
Agent and Second Lien Collateral Agent, as such agreement may be amended,
restated, supplemented or otherwise modified from time to time thereafter to the
extent permitted under subsection 7.10B, and any other agreement relating to
permitted Refinancing Second Lien Indebtedness.

     

    “Second Lien Indebtedness” means all Obligations
(as that term is defined in the Second Lien Credit Agreement) of Holdings and
its Subsidiaries under the Second Lien Credit Agreement.

     

    “Secured Parties” means,
collectively, Administrative Agent, Collateral Agent, each other Agent, the
Lenders and each Swap Counterparty.

     

    “Securities” means any stock,
shares, partnership interests, voting trust certificates, certificates of
interest or participation in any profit-sharing agreement or arrangement,
options, warrants, bonds, debentures, notes, or other evidences of indebtedness,
secured or unsecured, convertible, subordinated, certificated or uncertificated,
or otherwise, or in general any instruments commonly known as “securities” or
any certificates of interest, shares or participations in temporary or interim
certificates for the purchase or acquisition of, or any right to subscribe to,
purchase or acquire, any of the foregoing.

     

    “Securities Account” means an
account to which a financial asset is or may be credited in accordance with an
agreement under which the Person maintaining the account undertakes to treat the
Person for whom the account is maintained as entitled to exercise the rights
that comprise the financial asset.

     

    “Securities Act” means the
Securities Act of 1933, as amended from time to time, and any successor
statute.

     

    “Securitization” has the
meaning assigned to that term in subsection 10.19.

     

    “Security Agreement” means the
First Lien Security Agreement executed and delivered on the Closing Date,
substantially in the form of Exhibit XIII annexed
hereto.

     

    “Solvent,” with respect to any
Person on a consolidated basis with its Subsidiaries, means that as of the date
of determination both (i) (a) the then fair saleable value of the property
of such Person is (1) greater than the total amount of liabilities
(including contingent liabilities) of such Person and (2) not less than the
amount that will be required to pay the probable liabilities on such Person’s
then existing debts as they become absolute and due considering all financing
alternatives and potential asset sales reasonably available to such Person;
(b) such Person’s capital is not unreasonably small in relation to its
business or any contemplated or undertaken transaction; and (c) such Person
does not intend to incur, or believe (nor should it reasonably believe) that it
will incur, debts beyond its ability to pay such debts as they become due; and
(ii) such Person is “solvent” within the meaning given that term and
similar terms under applicable laws relating to fraudulent transfers and
conveyances.  For purposes of this definition, the amount of any
contingent liability at any time shall be computed as the amount that, in light
of all of the facts and circumstances existing at such time, represents the
amount that can reasonably be expected to become an actual or matured
liability.

     

    “SPC” has the meaning assigned
to that term in subsection 10.1B(iii).

     

    
      
         

      

      
        -27-

        
          

        

      

      
         

      

    

    “Specified Equity” means any
equity security (i) having no mandatory redemption, repurchase or similar
requirements (including at the option of the holders thereof) prior to
91 days after the last stated maturity date of the Loans, the Second Lien
Indebtedness and the Holdings Senior PIK Indebtedness (unless such equity
security by its terms provides that such equity security shall not be required
to be repurchased unless permitted by this Agreement or unless the Loans, the
Second Lien Indebtedness or the Holdings Senior PIK Indebtedness, as the case
may be, has been repaid in full at least 91 days prior to the date of such
required repurchase), and (ii) upon which all dividends or distributions (if
any) required to be paid shall, prior to 91 days after the last maturity
date of the Loans, the Second Lien Indebtedness and the Holdings Senior PIK
Indebtedness, at the option of the issuer, be payable solely in additional
shares of such equity security (or other equity securities meeting the
conditions specified in clauses (i) and (ii)).

     

    “Specified Equity Amount”
means, at any time (the “Reference Time”), an amount
equal to:

     

    (a)           the
net proceeds from any issuance of Specified Equity by Holdings from and
including the Business Day immediately following the Closing Date through and
including the Reference Time that are contributed to the common equity capital
of Company, minus

     

    (b)           the
sum, without duplication, of:

     

    (i)           the
aggregate amount of Investments made pursuant to subsection 7.3(xi)(b)(y)
following the Closing Date and prior to the Reference Time; and

     

    (ii)           the
aggregate amount of Consolidated Capital Expenditures made pursuant to the
second proviso of subsection 7.7 following the Closing Date and prior to the
Reference Time.

     

    “Specified
Representations” means the
representations and warranties contained in subsections 5.1A(i), 5.2A, 5.2D,
5.8, 5.9, 5.15 and 5.19 hereof.

     

    “Standby Letter of Credit”
means any letter of credit or similar instrument other than a Commercial Letter
of Credit.

     

    “Subject Lender” has the
meaning assigned to that term in subsection 2.9.

     

    “Subordinated Indebtedness”
means any Indebtedness of any Loan Party incurred from time to time and
contractually subordinated in right of payment to the Obligations.

     

    “Subsidiary” with respect to
any Person, means any corporation, partnership, trust, limited liability
company, association, Joint Venture or other business entity of which more than
50% of the total voting power of shares of stock or other ownership interests
entitled (without regard to the occurrence of any contingency) to vote in the
election of the members of the Governing Body is at the time owned or
controlled, directly or indirectly, by that Person or one or more of the other
Subsidiaries of that Person or a combination thereof.

     

    “Subsidiary Guarantor” means
any Guarantor other than Holdings.

     

    “Supplemental Collateral Agent”
and “Supplemental Collateral
Agents” each has the meaning assigned to that term in
subsection 9.1B.

     

    
      
         

      

      
        -28-

        
          

        

      

      
         

      

    

    “Survey” means a survey of any
Mortgaged Property (and all improvements thereon) which is (a) (i) prepared
by a surveyor or engineer licensed to perform surveys in the jurisdiction where
such Mortgaged Property is located, (ii) dated (or redated) not earlier
than twelve months prior to the date of delivery thereof unless there shall have
occurred within twelve months prior to such date of delivery any exterior
construction on the site of such Mortgaged Property or any easement, right of
way or other interest in the Mortgaged Property has been granted or become
effective through operation of law or otherwise with respect to such Mortgaged
Property which, in either case, can be depicted on a survey, in which events, as
applicable, such survey shall be dated (or redated) after the completion of such
construction or if such construction shall not have been completed as of such
date of delivery, not earlier than 20 days prior to such date of delivery,
or after the grant or effectiveness of any such easement, right of way or other
interest in the Mortgaged Property, (iii) certified by the surveyor (in a
manner reasonably acceptable to Administrative Agent) to Administrative Agent,
Collateral Agent and the Title Company, (iv) complying in all respects with
the minimum detail requirements of the American Land Title Association as such
requirements are in effect on the date of preparation of such survey and
(v) sufficient for the Title Company to remove all standard survey
exceptions from the title insurance policy (or commitment) relating to such
Mortgaged Property and issue endorsements of the type required by subsection 6.9
or (b) otherwise reasonably acceptable to Collateral Agent.

     

    “Swap Counterparty” means any
Person that was a Lender or an Affiliate of a Lender on the Closing Date and
that has entered into a Hedge Agreement with Company or one of its Subsidiaries
or any other Person that was a Lender or an Affiliate of a Lender at the time
that it entered into a Hedge Agreement with Holdings, Company or one of its
Subsidiaries.

     

    “Swing Line Funding and Payment
Office” means the office of Swing Line Lender located at 100 Plaza One,
Jersey City, New Jersey 07311 or such other offices of Swing Line Lender as may
from time to time be hereafter designated as such in a written notice delivered
by Swing Line Lender to Company and each other Lender.

     

    “Swing Line Lender” means DB,
or any Person serving as a successor Administrative Agent hereunder, in its
capacity as Swing Line Lender hereunder.

     

    “Swing Line Loan Commitment”
means the commitment of Swing Line Lender to make Swing Line Loans to Company
pursuant to subsection 2.1A(iii).

     

    “Swing Line Loans” means the
Loans made by Swing Line Lender to Company pursuant to
subsection 2.1A(iii).

     

    “Swing Line Note” means any
promissory note of Company issued pursuant to subsection 2.1E to evidence
the Swing Line Loans of Swing Line Lender, substantially in the form of Exhibit VII annexed
hereto.

     

    “Synthetic Lease Obligation”
means the monetary obligation of a Person under (i) a so-called synthetic,
off-balance sheet or tax retention lease, or (ii) an agreement for the use
or possession of property creating obligations that do not appear on the balance
sheet of such Person but which, upon the insolvency or bankruptcy of such
Person, would be characterized as the indebtedness of such Person (without
regard to accounting treatment).

     

    “TA Entities” means, collectively,
TA Associates, its Affiliates (other than its portfolio companies) and any
investment funds advised or managed by any of the foregoing.

     

    “Target” has the meaning
assigned to that term in the introduction to this Agreement.

     

    
      
         

      

      
        -29-

        
          

        

      

      
         

      

    

    “Tax” or “Taxes” means any present or
future tax, levy, impost, duty, fee, assessment, deduction, withholding or other
charge of any nature and whatever called, imposed by any Government Authority
including any interest, penalties, additions to tax and any similar liabilities
with respect thereto.

     

    “Term Loan Commitment” means,
for each Lender, such Lender’s commitment, if any, to make a Term Loan to
Company pursuant to subsection 2.1A(i) in an amount not to exceed the amount set
forth opposite such Lender’s name under the caption “Term Loan Commitment” on
Schedule 2.1,
and “Term Loan
Commitments” means such commitments of all Lenders in the
aggregate.  The aggregate amount of the Term Loan Commitments on the
Closing Date is $135,000,000.

     

    “Term Loan Exposure” with
respect to any Lender, means, as of any date of determination, the sum of (i)
such Lender’s Term Loan Commitments at such time and (ii) without
duplication, the outstanding principal amount of Term Loans held by such Lender
at such time.

     

    “Term Loan Maturity Date” means
June 15, 2014.

     

    “Term Loans” means the Loans
made by Lenders to Company pursuant to subsection 2.1A(i).

     

    “Term Notes” means any
promissory notes of Company issued pursuant to subsection 2.1E to evidence
the Term Loans of any Lenders, substantially in the form of Exhibit V annexed
hereto.

     

    “Title Company” means one or
more title insurance companies reasonably satisfactory to Administrative
Agent.

     

    “Title Policy” has the meaning
assigned to that term in subsection 6.9.

     

    “Total Assets” means the total
amount of all assets of Holdings and its Subsidiaries, as determined on a
consolidated basis in accordance with GAAP as determined from the most recent
balance sheet of Holdings.

     

    “Total Utilization of Revolving Loan
Commitments” means, as at any date of determination, the sum of
(i) the aggregate principal amount of all outstanding Revolving Loans plus (ii) the
aggregate principal amount of all outstanding Swing Line Loans plus (iii) the
Letter of Credit Usage.

     

    “Transaction Costs” means the
fees, costs and expenses payable by Holdings and Company (x) on or prior to the
Closing Date or (y) to the extent of the types and not in excess of the amounts
set forth on Schedule
B, within nine months following the Closing Date, in each case, in
connection with the transactions contemplated by the Loan Documents, the Related
Agreements, the Merger Agreement and the Equity Contributions.

     

    “UCC” means the Uniform
Commercial Code as in effect in any applicable jurisdiction.

     

    “Unasserted Obligations” means,
at any time, Obligations for taxes, costs, indemnifications, reimbursements,
damages and other liabilities (except for (i) the principal of and interest
on, and fees relating to, any Indebtedness and (ii) contingent
reimbursement obligations in respect of amounts that may be drawn under Letters
of Credit) in respect of which no claim or demand for payment has been made (or,
in the case of Obligations for indemnification, no notice for indemnification
has been issued by the Indemnitee) at such time.

     

    
      
         

      

      
        -30-

        
          

        

      

      
         

      

    

     “Wholly Owned Subsidiary” of
any Person means a Subsidiary of such Person, all of the Capital Stock of which
(other than directors’ qualifying shares or nominee or other similar shares
required pursuant to applicable law, including requirements of foreign
ownership) is owned by such Person or another Wholly Owned Subsidiary of such
Person.

     

    
      	
               
      

            	
              1.2

            	
              Accounting Terms;
      Utilization of GAAP for Purposes of Calculations Under Agreement;
      Financial Determinations.

            

    

     

    A.           Except
as otherwise expressly provided in this Agreement, all accounting terms not
otherwise defined herein shall have the meanings assigned to them in conformity
with GAAP.  Financial statements and other information required to be
delivered by Company to Lenders pursuant to clauses (ii), (iii) and (xii)
of subsection 6.1 shall be prepared in accordance with GAAP as in effect at
the time of such preparation.  Calculations in connection with the
definitions, covenants and other provisions of this Agreement shall utilize GAAP
as in effect on the date of determination, applied in a manner consistent with
that used in preparing the financial statements referred to in
subsection 5.3.  If at any time any change in GAAP would affect
the computation of any financial ratio or requirement set forth in any Loan
Document, and Company, Administrative Agent or Requisite Lenders shall so
request, Administrative Agent, Lenders and Company shall negotiate in good faith
to amend such ratio or requirement to preserve the original intent thereof in
light of such change in GAAP (subject to the approval of Requisite Lenders);
provided that,
until so amended,(i) such ratio or requirement shall continue to be computed in
accordance with GAAP prior to such change therein and (ii) Company shall provide
to Administrative Agent and Lenders reconciliation statements between
calculations of such ratio or requirement made before and after giving effect to
such change in GAAP.

     

    B.           As
of any date of determination, for purposes of determining the Consolidated
Leverage Ratio or the Consolidated Senior Secured Leverage Ratio (and any
financial calculations required to be made or included within such ratios), the
calculation of such ratios and other financial calculations shall include or
exclude, as the case may be, the effect of any Material Acquisitions and
Material Dispositions by Company or any of its Subsidiaries pursuant to the
terms hereof (including through mergers or consolidations) occurring as of or
prior to such date of determination, as determined by Company on a pro forma basis in
accordance with GAAP, which determination may include one-time adjustments or
reductions in costs, if any, directly attributable to any such Material
Disposition or Material Acquisition, as the case may be, in each case calculated
in accordance with Regulation S-X of the Securities Act and any successor
statute (and, additionally, calculated to give effect to actions taken or to be
taken by Company and its Subsidiaries within six months after the date of such
Material Acquisition or Material Disposition and based on Company’s good faith
estimates of the impact of such actions; provided that
(i) such actions have been disclosed in writing to Administrative Agent
pursuant to an Officer’s Certificate and (ii) such actions are actually taken no
later than six months following the date of such Material Acquisition or
Material Disposition), giving effect to any such Material Acquisition or
Material Disposition as if it had occurred on the first day of such Reference
Period.

     

    C.           For
purposes of subsection 7.1, subsection 7.2 and subsection 7.3, in determining
the amount of any Indebtedness, obligation secured by a Lien or Investment,
respectively, that is outstanding in any currency other than Dollars, the amount
of such Indebtedness, obligation or Investments (and the amount of all other
Indebtedness, obligations secured by Liens and Investments) shall be calculated
based on the date of incurrence, granting or making thereof, and Company and its
Subsidiaries shall not be deemed to have violated any covenant set forth in
Section 7 solely as a result of currency fluctuations occurring after the date
any Indebtedness is incurred, Lien is granted or Investment is made if such
action was permitted on the date taken.

     

    
      
         

      

      
        -31-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              1.3

            	
              Other Definitional
      Provisions and Rules of
Construction.

            

    

     

    A.           Any
of the terms defined herein may, unless the context otherwise requires, be used
in the singular or the plural, depending on the reference.

     

    B.           References
to “Sections” and “subsections” shall be to Sections and subsections,
respectively, of this Agreement unless otherwise specifically
provided.  Section and subsection headings in this Agreement are
included herein for convenience of reference only and shall not constitute a
part of this Agreement for any other purpose or be given any substantive
effect.

     

    C.           The
use in any of the Loan Documents of the word “include” or “including,” when
following any general statement, term or matter, shall not be construed to limit
such statement, term or matter to the specific items or matters set forth
immediately following such word or to similar items or matters, whether or not
non-limiting language (such as “without limitation” or “but not limited to” or
words of similar import) is used with reference thereto, but rather shall be
deemed to refer to all other items or matters that fall within the broadest
possible scope of such general statement, term or matter.

     

    D.           Unless
otherwise expressly provided herein, references to Organizational Documents,
Contractual Obligations (including the Loan Documents) and other agreements
shall be deemed to include all subsequent amendments, restatements, extensions,
supplements and other modifications thereto.

     

    E.           When
the performance of any covenant (other than covenants measuring financial
performance), duty or obligation is required on a day which is not a Business
Day, the date of such performance shall extend to the immediately succeeding
Business Day and such extension of time shall be reflected in computing
fees.

     

    F.           Any
provision of this Agreement requiring Company or any of its Subsidiaries to use
“commercially reasonable efforts” (or any substantially similar standard) to
achieve an objective shall in no event be construed to require Company or any of
its Subsidiaries to pay any consent fees or to surrender any material
contractual rights to achieve such objective.

     

    Section
2.             AMOUNTS
AND TERMS OF COMMITMENTS AND LOANS

     

    
      	
               
      

            	
              2.1

            	
              Commitments; Making of
      Loans; the Register; Optional
Notes.

            

    

     

    A.           Commitments.  Subject
to the terms and conditions of this Agreement and in reliance upon the
representations and warranties of Company herein set forth, each Lender hereby
severally agrees to make the Loans as described in subsections 2.1A(i) and
2.1A(ii), and Swing Line Lender hereby agrees to make the Swing Line Loans as
described in subsection 2.1A(iii).

     

    (i)    Term
Loans.  Each Lender that has a Term Loan Commitment severally
agrees to lend to Company on the Closing Date an amount equal to its Pro Rata
Share of the aggregate amount of the Term Loan Commitments to be used for the
purposes identified in subsection 2.5A.  Each Lender’s Term Loan
Commitment shall expire immediately and without further action on the Closing
Date at 5:00 p.m. (New York City time) if the Term Loans are not made on or
before that date.  Company may make only one borrowing under the Term
Loan Commitments.  Amounts borrowed under this subsection 2.1A(i)
and subsequently repaid or prepaid may not be reborrowed.

     

    (ii)    Revolving
Loans.  Each Revolving Lender severally agrees, subject to the
limitations set forth below with respect to the maximum amount of Revolving
Loans permitted to be outstanding from time to time, to lend to Company from
time to time during the period from but excluding the Closing Date to but
excluding the Revolving Loan Commitment Termination Date an aggregate amount not
exceeding its Pro Rata Share of the aggregate amount of the Revolving Loan
Commitments to be used for the purposes identified in subsection
2.5B.  Each Revolving Lender’s Revolving Loan Commitment shall expire
on the Revolving Loan Commitment Termination Date and all Revolving Loans and
all other amounts owed hereunder with respect to the Revolving Loans and the
Revolving Loan Commitments shall be paid in full no later than that
date.  Amounts borrowed under this subsection 2.1A(ii) may be repaid
and reborrowed to but excluding the Revolving Loan Commitment Termination
Date.

     

    
      
         

      

      
        -32-

        
          

        

      

      
         

      

    

    Anything
contained in this Agreement to the contrary notwithstanding, the Revolving Loans
and the Revolving Loan Commitments shall be subject to the limitation that in no
event shall the Total Utilization of Revolving Loan Commitments at any time
exceed the Revolving Loan Commitment Amount then in effect.

     

    (iii)          Swing Line
Loans.

     

    (a)           General
Provisions.  Swing Line Lender hereby agrees, subject to the
limitations set forth in the last paragraph of subsection 2.1A(ii) and set
forth below with respect to the maximum amount of Swing Line Loans permitted to
be outstanding from time to time, to make a portion of the Revolving Loan
Commitments available to Company from time to time during the period from the
Closing Date to but excluding the Revolving Loan Commitment Termination Date by
making Swing Line Loans to Company in an aggregate amount not exceeding the
amount of the Swing Line Loan Commitment to be used for the purposes identified
in subsection 2.5B, notwithstanding the fact that such Swing Line Loans,
when aggregated with Swing Line Lender’s outstanding Revolving Loans and Swing
Line Lender’s Pro Rata Share of the Letter of Credit Usage then in effect, may
exceed Swing Line Lender’s Revolving Loan Commitment.  The original
amount of the Swing Line Loan Commitment is $3,000,000; provided that any
reduction of the Revolving Loan Commitment Amount made pursuant to
subsection 2.4 that reduces the Revolving Loan Commitment Amount to an
amount less than the then current amount of the Swing Line Loan Commitment shall
result in an automatic corresponding reduction of the amount of the Swing Line
Loan Commitment to the amount of the Revolving Loan Commitment Amount, as so
reduced, without any further action on the part of Company, Administrative Agent
or Swing Line Lender.  The Swing Line Loan Commitment shall expire on
the Revolving Loan Commitment Termination Date and all Swing Line Loans and all
other amounts owed hereunder with respect to the Swing Line Loans shall be paid
in full no later than that date.  Amounts borrowed under this
subsection 2.1A(iii) may be repaid and reborrowed to but excluding the
Revolving Loan Commitment Termination Date.

     

    (b)           Swing Line Loan Prepayment
with Proceeds of Revolving Loans.  With respect to any Swing
Line Loans that have not been voluntarily prepaid by Company pursuant to
subsection 2.4B(i), Swing Line Lender may, at any time in its sole and
absolute discretion (and, no later than the tenth day following the borrowing of
any Swing Line Loan if such Swing Line Loan has not been repaid on or prior to
such date, shall), deliver to Administrative Agent (with a copy to Company), no
later than 10:00 A.M. (New York City time) on the first Business Day in
advance of the proposed Funding Date, a notice requesting Revolving Lenders to
make Revolving Loans that are Base Rate Loans on such Funding Date in an amount
equal to the amount of such Swing Line Loans (the “Refunded Swing Line Loans”)
outstanding on the date such notice is given.  Company hereby
authorizes the giving of any such notice and the making of any such Revolving
Loans.  Anything contained in this Agreement to the contrary
notwithstanding, (1) the proceeds of such Revolving Loans made by Revolving
Lenders other than Swing Line Lender shall be immediately delivered by
Administrative Agent to Swing Line Lender (and not to Company) and applied to
repay a corresponding portion of the Refunded Swing Line Loans and (2) on
the day such Revolving Loans are made, Swing Line Lender’s Pro Rata Share of the
Refunded Swing Line Loans shall be deemed to be paid with the proceeds of a
Revolving Loan made by Swing Line Lender, and such portion of the Swing Line
Loans deemed to be so paid shall no longer be outstanding as Swing Line Loans
and shall no longer be due under the Swing Line Note, if any, of Swing Line
Lender but shall instead constitute part of Swing Line Lender’s outstanding
Revolving Loans and shall be due under the Revolving Note, if any, of Swing Line
Lender.  Company hereby authorizes Administrative Agent and Swing Line
Lender to charge Company’s accounts with Administrative Agent and Swing Line
Lender (up to the amount available in each such account) in order to immediately
pay Swing Line Lender the amount of the Refunded Swing Line Loans to the extent
the proceeds of such Revolving Loans made by Revolving Lenders, including the
Revolving Loan deemed to be made by Swing Line Lender, are not sufficient to
repay in full the Refunded Swing Line Loans.  If any portion of any
such amount paid (or deemed to be paid) to Swing Line Lender should be recovered
by or on behalf of Company from Swing Line Lender in any bankruptcy proceeding,
in any assignment for the benefit of creditors or otherwise, the loss of the
amount so recovered shall be ratably shared among all Lenders in the manner
contemplated by subsection 10.5.

     

    
      
         

      

      
        -33-

        
          

        

      

      
         

      

    

    (c)           Swing Line Loan
Assignments.  On the Funding Date of each Swing Line Loan, each
Revolving Lender shall be deemed to, and hereby agrees to, purchase an
assignment of such Swing Line Loan in an amount equal to its Pro Rata
Share.  If for any reason (1) Revolving Loans are not made upon the
request of Swing Line Lender as provided in the immediately preceding paragraph
in an amount sufficient to repay any amounts owed to Swing Line Lender in
respect of such Swing Line Loan or (2) the Revolving Loan Commitments are
terminated at a time when such Swing Line Loan is outstanding, upon notice from
Swing Line Lender as provided below, each Revolving Lender shall fund the
purchase of such assignment in an amount equal to its Pro Rata Share
(calculated, in the case of the foregoing clause (2), immediately prior to such
termination of the Revolving Loan Commitments) of the unpaid amount of such
Swing Line Loans together with accrued interest thereon.  Upon one
Business Day’s notice from Swing Line Lender to Administrative Agent who shall
promptly notify the Revolving Lenders, each Revolving Lender shall deliver to
Administrative Agent for the benefit of Swing Line Lender such amount in same
day funds at the Funding and Payment Account.  Without limiting the
effect of the deemed assignment described in the preceding sentence, in order to
further evidence such assignment (and without prejudice to the effectiveness of
the assignment provisions set forth above), each Revolving Lender agrees to
enter into an Assignment Agreement at the request of Swing Line Lender in form
and substance reasonably satisfactory to Swing Line Lender.  In the
event any Revolving Lender fails to make available to Swing Line Lender any
amount as provided in this paragraph, Swing Line Lender shall be entitled to
recover such amount on demand from such Revolving Lender together with interest
thereon at the rate customarily used by Swing Line Lender for the correction of
errors among banks for three Business Days and thereafter at the Base
Rate.  In the event Swing Line Lender receives a payment of any amount
with respect to which other Revolving Lenders have funded the purchase of
assignments as provided in this paragraph, Swing Line Lender shall promptly
remit such payment to Administrative Agent for distribution to each such other
Revolving Lender of its Pro Rata Share of such payment.

     

    
      
         

      

      
        -34-

        
          

        

      

      
         

      

    

    (d)           Revolving Lenders’
Obligations.  Anything contained herein to the contrary
notwithstanding, each Revolving Lender’s obligation to make Revolving Loans for
the purpose of repaying any Refunded Swing Line Loans pursuant to
subsection 2.1A(iii)(b) and each Revolving Lender’s obligation to purchase
an assignment of any unpaid Swing Line Loans pursuant to the immediately
preceding paragraph shall be absolute and unconditional and shall not be
affected by any circumstance, including (1) any set-off, counterclaim,
recoupment, defense or other right which such Revolving Lender may have against
Swing Line Lender, Company or any other Person for any reason whatsoever;
(2) the occurrence or continuation of an Event of Default or a Potential
Event of Default; (3) any adverse change in the business, operations,
properties, assets, condition (financial or otherwise) or prospects of Company
or any of its Subsidiaries; (4) any breach of this Agreement or any other
Loan Document by any party thereto; or (5) any other circumstance,
happening or event whatsoever, whether or not similar to any of the foregoing;
provided that
such obligations of each Revolving Lender are subject to the condition that
(x) Swing Line Lender believed in good faith that all conditions under
Section 4 to the making of the applicable Refunded Swing Line Loans or
other unpaid Swing Line Loans, as the case may be, were satisfied at the time
such Refunded Swing Line Loans or unpaid Swing Line Loans were made or
(y) the satisfaction of any such condition not satisfied had been waived in
accordance with subsection 10.6 prior to or at the time such Refunded Swing
Line Loans or other unpaid Swing Line Loans were made.

     

    B.           Borrowing
Mechanics.  Term Loans or Revolving Loans made as Base Rate
Loans on any Funding Date (other than Revolving Loans made pursuant to a request
by Swing Line Lender pursuant to subsection 2.1A(iii) or Revolving Loans made
pursuant to subsection 3.3B) shall be in an aggregate minimum amount of
$1,000,000 and multiples of $500,000 in excess of that amount.  Term
Loans or Revolving Loans made on any Funding Date as Eurodollar Rate Loans with
a particular Interest Period shall be in an aggregate minimum amount of
$1,000,000 and multiples of $500,000 in excess of that amount.  Swing
Line Loans made on any Funding Date shall be in an aggregate minimum amount of
$500,000 and multiples of $100,000 in excess of that amount.  Whenever
Company desires that Lenders make Term Loans or Revolving Loans, it shall
deliver to Administrative Agent a duly executed Notice of Borrowing no later
than 11:00 A.M. (New York City time) at least three Business Days in advance of
the proposed Funding Date (in the case of a Eurodollar Rate Loan) or at least
one Business Day in advance of the proposed Funding Date (in the case of a Base
Rate Loan).  Whenever Company desires that Swing Line Lender make a
Swing Line Loan, it shall deliver to Swing Line Lender at the Swing Line Funding
and Payment Office a duly executed Notice of Borrowing no later than 12:00 Noon
(New York City time) on the proposed Funding Date.  Term Loans or
Revolving Loans may be continued as or converted into Base Rate Loans and
Eurodollar Rate Loans in the manner provided in subsection 2.2D.  In
lieu of delivering a Notice of Borrowing, Company may give Administrative Agent
(or in the case of Swing Line Loans, Swing Line Lender and Administrative Agent)
telephonic notice by the required time of any proposed borrowing under this
subsection 2.1B; provided that such
notice shall be promptly confirmed in writing by delivery of a duly executed
Notice of Borrowing to Administrative Agent (or Swing Line Lender and
Administrative Agent in the case of Swing Line Loans) on or before the
applicable Funding Date.

     

    Neither
Administrative Agent nor any Lender (including Swing Line Lender) shall incur
any liability to Company in acting upon any telephonic notice referred to above
that Administrative Agent (or Swing Line Lender and Administrative Agent, as
applicable) believes in good faith to have been given by an Officer or other
person authorized to borrow on behalf of Company or for otherwise acting in good
faith under this subsection 2.1B or under subsection 2.2D.  Upon
funding of Loans by Lenders, and upon conversion or continuation of the
applicable basis for determining the interest rate with respect to any Loans
pursuant to subsection 2.2D, in each case in accordance with this Agreement,
pursuant to any such telephonic notice, Company shall have effected Loans or a
conversion or continuation, as the case may be, hereunder.

     

    
      
         

      

      
        -35-

        
          

        

      

      
         

      

    

    Company
shall notify Administrative Agent (or, in the case of Swing Line Loans, Swing
Line Lender and Administrative Agent) prior to the funding of any Loans in the
event that any of the matters to which Company is required to certify in the
applicable Notice of Borrowing is no longer true and correct as of the
applicable Funding Date, and the acceptance by Company of the proceeds of any
Loans shall constitute a re-certification by Company, as of the applicable
Funding Date, as to the matters to which Company is required to certify in the
applicable Notice of Borrowing.

     

    Except as
otherwise provided in subsections 2.6B, 2.6C and 2.6G, a Notice of Borrowing for
a Eurodollar Rate Loan (or telephonic notice in lieu thereof) shall be
irrevocable and Company shall be bound to make a borrowing in accordance
therewith.

     

    Notwithstanding
the foregoing provisions of this subsection 2.1B, no Eurodollar Rate Loans with
an Interest Period longer than one month may be made and no Base Rate Loan may
be converted into a Eurodollar Rate Loan with an Interest Period longer than one
month until the earlier of the 90th day after the Closing Date and the date
specified by Administrative Agent to Company on which the primary syndication of
the Loans has been completed, with the first such Interest Period to begin not
sooner than three Business Days (nor later than five Business Days) after the
Closing Date and with any subsequent Interest Periods to begin on the last day
of the prior one-month Interest Period theretofore in effect.

     

    C.           Disbursement of
Funds.  All Term Loans and Revolving Loans under this Agreement
shall be made by Lenders simultaneously and proportionately to their respective
Pro Rata Shares, it being understood that neither Administrative Agent nor any
Lender shall be responsible for any default by any other Lender in that other
Lender’s obligation to make a Loan requested hereunder nor shall the amount of
the Commitment of any Lender to make the particular type of Loan requested or
Pro Rata Share of any Lender be increased or decreased as a result of a default
by any other Lender in that other Lender’s obligation to make a Loan requested
hereunder.  Promptly after receipt by Administrative Agent of a Notice
of Borrowing pursuant to subsection 2.1B (or telephonic notice in lieu thereof),
Administrative Agent shall notify each Lender for that type of Loan (other than
Swing Line Lender, in the case of a Swing Line Loan) of the proposed
borrowing.  Each such Lender (other than Swing Line Lender) shall make
the amount of its Loan available to Administrative Agent at the Funding and
Payment Office not later than 12:00 Noon (New York City time) on the
applicable Funding Date, in same day funds in Dollars.  Swing Line
Lender shall make the amount of its Loan available directly to Company as
provided below.  Except as provided in subsection 2.1A(iii) or
subsection 3.3B with respect to Revolving Loans used to repay Refunded Swing
Line Loans or to reimburse any Issuing Lender for the amount of a drawing under
a Letter of Credit issued by it, upon satisfaction or waiver of the conditions
precedent specified in subsections 4.1 (in the case of Loans made on the Closing
Date) and 4.2 (in the case of all Loans), Administrative Agent or Swing Line
Lender, as the case may be, shall make the proceeds of such Loans available to
Company on the applicable Funding Date by causing an amount of same day funds in
Dollars, equal to the proceeds of all such Loans received by Administrative
Agent from Lenders or to be disbursed by Swing Line Lender, as applicable, to be
credited to the account designated by Company in the applicable Notice of
Borrowing.

     

    
      
         

      

      
        -36-

        
          

        

      

      
         

      

    

    Unless
Administrative Agent shall have been notified by any Lender prior to a Funding
Date for any Loans that such Lender does not intend to make available to
Administrative Agent the amount of such Lender’s Loan requested on such Funding
Date, Administrative Agent may assume that such Lender has made such amount
available to Administrative Agent on such Funding Date and Administrative Agent
may, in its sole discretion, but shall not be obligated to, make available to
Company a corresponding amount on such Funding Date.  If such
corresponding amount is not in fact made available to Administrative Agent by
such Lender, Administrative Agent shall be entitled to recover such
corresponding amount on demand from such Lender together with interest thereon,
for each day from such Funding Date until the date such amount is paid to
Administrative Agent, at the customary rate set by Administrative Agent for the
correction of errors among banks for three Business Days and thereafter at the
Base Rate.  If such Lender does not pay such corresponding amount
forthwith upon Administrative Agent’s demand therefor, Administrative Agent
shall promptly notify Company and Company shall immediately pay such
corresponding amount to Administrative Agent together with interest thereon, for
each day from such Funding Date until the date such amount is paid to
Administrative Agent, at the rate payable under this Agreement for Base Rate
Loans.  Nothing in this subsection 2.1C shall be deemed to relieve any
Lender from its obligation to fulfill its Commitments hereunder or to prejudice
any rights that Company may have against any Lender as a result of any default
by such Lender hereunder.

     

    D.           The
Register.  Administrative Agent, acting for these purposes
solely as an agent of Company (it being acknowledged that Administrative Agent,
in such capacity, and its officers, directors, employees, agent and affiliates
shall constitute Indemnitees under subsection 10.3), shall maintain (and make
available for inspection by Company, Guarantors and Lenders upon reasonable
prior notice at reasonable times, provided that a
Lender shall only be entitled to inspect its own entry in the Register and not
that of any other Lender) at its address referred to in subsection 10.8 a copy
of each Assignment Agreement delivered to it and accepted by it as provided in
subsection 10.1B(ii) and a register for the recordation of, and shall record,
the names and addresses of Lenders and the respective amounts of the Term Loan
Commitment, Revolving Loan Commitment, Swing Line Loan Commitment, Term Loans,
Revolving Loans and Swing Line Loans of each Lender from time to time (the
“Register”).  Company,
Administrative Agent and Lenders shall, absent manifest error, deem and treat
the Persons listed as Lenders in the Register as the holders and owners of the
corresponding Commitments and Loans listed therein for all purposes hereof,
notwithstanding notice to the contrary; all amounts owed with respect to any
Commitment or Loan shall be owed to the Lender listed in the Register as the
owner thereof; and any request, authority or consent of any Person who, at the
time of making such request or giving such authority or consent, is listed in
the Register as a Lender shall be conclusive and binding on any subsequent
holder, assignee or transferee of the corresponding Commitments or
Loans.  Each Lender shall record on its internal records the amount of
its Loans and Commitments and each payment in respect hereof, and any such
recordation shall be prima facie evidence of the matters recorded, subject to
the entries in the Register, which shall, absent manifest error, govern in the
event of any inconsistency with any Lender’s records.  Failure to make
any recordation in the Register or in any Lender’s records, or any error in such
recordation, shall not affect any Loans or Commitments or any Obligations in
respect of any Loans.

     

    E.           Optional Notes.  If
so requested by any Lender by written notice to Company (with a copy to
Administrative Agent) at least two Business Days prior to the Closing Date or at
any time thereafter, Company shall execute and deliver to such Lender (and/or,
if applicable and if so specified in such notice, to any Person who is an
assignee of such Lender pursuant to subsection 10.1) on the Closing Date
(or, if such notice is delivered after the second Business Day preceding the
Closing Date, promptly after Company’s receipt of such notice) a promissory note
or promissory notes to evidence such Lender’s Term Loan, Revolving Loans or
Swing Line Loans, substantially in the form of Exhibit V, Exhibit VI or Exhibit VII annexed
hereto, respectively, with appropriate insertions.

     

    
      
         

      

      
        -37-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              2.2

            	
              Interest on the
      Loans.

            

    

     

    A.           Rate of
Interest.  Subject to the provisions of subsections 2.6 and
2.7, each Term Loan and each Revolving Loan shall bear interest on the unpaid
principal amount thereof from the date made to, but excluding, maturity (whether
by acceleration or otherwise) at a rate determined by reference to the Base Rate
or the Eurodollar Rate.  Subject to the provisions of
subsection 2.7, each Swing Line Loan shall bear interest on the unpaid
principal amount thereof from the date made but excluding maturity (whether by
acceleration or otherwise) at a rate determined by reference to the Base
Rate.  The applicable basis for determining the rate of interest with
respect to any Term Loan or any Revolving Loan shall be selected by Company
initially at the time a Notice of Borrowing is given with respect to such Loan
pursuant to subsection 2.1B (subject to the last sentence of
subsection 2.1B), and the basis for determining the interest rate with
respect to any Term Loan or any Revolving Loan may be changed from time to time
pursuant to subsection 2.2D (subject to the last sentence of
subsection 2.1B).  If on any day a Term Loan or Revolving Loan is
outstanding with respect to which notice has not been delivered to
Administrative Agent in accordance with the terms of this Agreement specifying
the applicable basis for determining the rate of interest, then for that day
that Loan shall bear interest determined by reference to the Base
Rate.

     

    (i)    Subject to
the provisions of subsections 2.2E, 2.2G and 2.7, the Term Loans shall bear
interest through maturity as follows:

     

    (a)    if a Base
Rate Loan, then at the sum of the Base Rate plus 1.75% per annum;
or

     

    (b)    if a
Eurodollar Rate Loan, then at the sum of the Eurodollar Rate plus 2.75% per
annum.

     

    (ii)    Subject to
the provisions of subsections 2.2E, 2.2G and 2.7, the Revolving Loans shall bear
interest through maturity as follows:

     

    (a)           if
a Base Rate Loan, then at the sum of the Base Rate plus the Base Rate Margin set
forth in the table below opposite the applicable Consolidated Leverage Ratio for
the four Fiscal Quarter period for which the applicable Pricing Certificate has
been delivered pursuant to subsection 6.1(iv); or

     

    (b)           if
a Eurodollar Rate Loan, then at the sum of the Eurodollar Rate plus the
Eurodollar Rate Margin set forth in the table below opposite the applicable
Consolidated Leverage Ratio for the four Fiscal Quarter period for which the
applicable Pricing Certificate has been delivered pursuant to
subsection 6.1(iv):

     

    
      
        
          
            	 
      	
                    Consolidated

                    Leverage
      Ratio

                  	
                    Base

                    Rate
      Margin

                  	
                    Eurodollar

                    Rate
      Margin

                  
	
                    Greater
      than or equal to:

                  	
                    5.00:1.00

                  	
                    1.75%

                  	
                    2.75%

                  
	
                    Greater
      than or equal to:

                    but
      less than:

                  	
                    3.50:1.00

                    5.00:1.00

                  	
                    1.50%

                  	
                    2.50%

                  
	
                    Less
      than:

                  	
                    3.50:1.00

                  	
                    1.25%

                  	
                    2.25%

                  

          

        

      

    

    

    provided that (I)
until the delivery of the Pricing Certificate for the first complete Fiscal
Quarter ending after the Closing Date or (II) if a Potential Event of Default or
Event of Default shall have occurred and be continuing, the applicable margin
for Revolving Loans that are Base Rate Loans shall be 1.75% per annum and for
Revolving Loans that are Eurodollar Rate Loans shall be 2.75% per
annum.

     

    
      
         

      

      
        -38-

        
          

        

      

      
         

      

    

    (iii)   Upon delivery of
the Pricing Certificate by Company to Administrative Agent pursuant to
subsection 6.1(iv), the Base Rate Margin and the Eurodollar Rate Margin for
Revolving Loans shall automatically be adjusted in accordance with such Pricing
Certificate, such adjustment to become effective on the first succeeding
Business Day following the receipt by Administrative Agent of such Pricing
Certificate (subject to the provisions of the foregoing clause (ii)); provided that
(x) if a Potential Event of Default or Event of Default shall have occurred
and be continuing, the applicable margin for Revolving Loans shall be the
maximum margin for the relevant Loan set forth above, (y) if at any time a
Pricing Certificate is not delivered at the time required pursuant to
subsection 6.1(iv), from the time such Pricing Certificate was required to
be delivered until the first Business Day succeeding delivery of such Pricing
Certificate, the applicable margins for Revolving Loans shall be the maximum
margin for the relevant Loan set forth above or (z) if for any period of time,
the Base Rate Margin and Eurodollar Rate Margin are reduced to a level below the
highest level set forth above as a result of an inaccuracy contained in any
Pricing Certificate, then promptly following the date on which such inaccuracy
is determined to have existed, Company shall pay the additional amount of
interest that would have accrued during such period had such inaccuracy not been
included in such Pricing Certificate.

     

    (iv)   Subject to the
provisions of subsections 2.2E, 2.2G and 2.7, the Swing Line Loans shall bear
interest through maturity at the sum of the Base Rate plus the applicable
Base Rate Margin for Revolving Loans.

     

    B.           Interest
Periods.  In connection with each Eurodollar Rate Loan, Company
may, pursuant to the applicable Notice of Borrowing or Notice of
Conversion/Continuation, as the case may be, select an interest period (each an
“Interest Period”) to be
applicable to such Loan, which Interest Period shall be, at Company’s option,
either a one (or less than one month if permitted by Administrative Agent in its
sole discretion), two, three or six month period or, to the extent available to
all Lenders of the applicable Class, a nine or twelve month period; provided
that:

     

    (i)    the initial
Interest Period for any Eurodollar Rate Loan shall commence on the Funding Date
in respect of such Loan, in the case of a Loan initially made as a Eurodollar
Rate Loan, or on the date specified in the applicable Notice of
Conversion/Continuation, in the case of a Loan converted to a Eurodollar Rate
Loan;

     

    (ii)    in the case
of immediately successive Interest Periods applicable to a Eurodollar Rate Loan
continued as such pursuant to a Notice of Conversion/Continuation, each
successive Interest Period shall commence on the day on which the next preceding
Interest Period expires;

     

    (iii)    if an
Interest Period would otherwise expire on a day that is not a Business Day, such
Interest Period shall expire on the next succeeding Business Day; provided that, if any
Interest Period would otherwise expire on a day that is not a Business Day but
is a day of the month after which no further Business Day occurs in such month,
such Interest Period shall expire on the next preceding Business
Day;

     

    (iv)    any Interest
Period that begins on the last Business Day of a calendar month (or on a day for
which there is no numerically corresponding day in the calendar month at the end
of such Interest Period) shall, subject to clause (v) of this
subsection 2.2B, end on the last Business Day of a calendar
month;

     

    (v)    no Interest
Period with respect to any portion of the Term Loans shall extend beyond the
Term Loan Maturity Date, and no Interest Period with respect to any portion of
the Revolving Loans shall extend beyond the Revolving Loan Commitment
Termination Date;

     

    
      
         

      

      
        -39-

        
          

        

      

      
         

      

    

    (vi)    there shall
be no more than 12 Interest Periods outstanding at any time; and

     

    (vii)    in the event
Company fails to specify an Interest Period for any Eurodollar Rate Loan in the
applicable Notice of Borrowing or Notice of Conversion/Continuation, Company
shall be deemed to have selected an Interest Period of one month.

     

    C.           Interest
Payments.  Subject to the provisions of subsection 2.2E,
interest on each Loan shall be payable in arrears on and to each Interest
Payment Date applicable to that Loan, upon any prepayment of that Loan (to the
extent accrued on the amount being prepaid) and at maturity (including final
maturity); provided that, in the
event any Swing Line Loans or any Revolving Loans that are Base Rate Loans are
prepaid pursuant to subsection 2.4B(i), interest accrued on such Loans through
the date of such prepayment shall be payable on the next succeeding Interest
Payment Date applicable to Base Rate Loans (or, if earlier, at final
maturity).

     

    D.           Conversion or
Continuation.  Subject to the provisions of
subsection 2.6, Company shall have the option (i) to convert at any
time all or any part of its outstanding Term Loans or Revolving Loans equal to
$1,000,000 and
multiples of $500,000 in excess of that amount from Loans bearing interest at a
rate determined by reference to one basis to Loans bearing interest at a rate
determined by reference to an alternative basis or (ii) upon the expiration
of any Interest Period applicable to a Eurodollar Rate Loan, to continue all or
any portion of such Loan equal to $1,000,000 and multiples of $500,000 in excess
of that amount as a Eurodollar Rate Loan; provided, however, that a
Eurodollar Rate Loan may only be converted into a Base Rate Loan on the
expiration date of an Interest Period applicable thereto.

     

    Company
shall deliver a duly executed Notice of Conversion/Continuation to
Administrative Agent no later than 11:00 a.m. (New York City time) at least one
Business Day in advance of the proposed conversion date (in the case of a
conversion to a Base Rate Loan) and at least three Business Days in advance of
the proposed conversion/continuation date (in the case of a conversion to, or a
continuation of, a Eurodollar Rate Loan).  In lieu of delivering a
Notice of Conversion/Continuation, Company may give Administrative Agent
telephonic notice by the required time of any proposed conversion/continuation
under this subsection 2.2D; provided that such
notice shall be promptly confirmed in writing by delivery of a duly executed
Notice of Conversion/Continuation to Administrative Agent on or before the
proposed conversion/continuation date.  Administrative Agent shall
notify each Lender of any Loan subject to a Notice of
Conversion/Continuation.

     

    Except as
otherwise provided in subsections 2.6B, 2.6C and 2.6G, a Notice of
Conversion/Continuation for conversion to, or continuation of, a Eurodollar Rate
Loan (or telephonic notice in lieu thereof) shall be irrevocable and Company
shall be bound to effect a conversion or continuation in accordance
therewith.

     

    E.           Default Rate.  If
all or a portion of the principal amount of any Loan or any interest
payable thereon or other amounts owing under this Agreement shall not be paid
when due (whether at the stated maturity, by acceleration or otherwise), any
such overdue principal and, to the extent permitted by applicable law, any
overdue interest or such other amount, shall bear interest at a rate per annum equal to the
greater of (i) the rate for Base Rate Loans described in subsection 2.2A plus 2% or
(ii) (x) in the case of overdue principal, the rate that would otherwise be
applicable to such Loans pursuant to subsection 2.2A plus 2% or
(y) in the case of any overdue interest or such other amount, the rate
determined pursuant to clause (x) in each case from the date of such non-payment
to the date on which such amount is paid in full (after as well as before
judgment).

     

    F.           Computation of
Interest.  Interest on the Loans shall be computed on the basis
of a 360-day year, in each case for the actual number of days elapsed in the
period during which it accrues; provided that, in the
case of interest on Base Rate Loans, interest shall be computed based on the
number of days elapsed in a year of 365 or 366 days, as
appropriate.  In computing interest on any Loan, the date of the
making of such Loan or the first day of an Interest Period applicable to such
Loan or, with respect to a Base Rate Loan being converted from a Eurodollar Rate
Loan, the date of conversion of such Eurodollar Rate Loan to such Base Rate
Loan, as the case may be, shall be included, and the date of payment of such
Loan or the expiration date of an Interest Period applicable to such Loan or,
with respect to a Base Rate Loan being converted to a Eurodollar Rate Loan, the
date of conversion of such Base Rate Loan to such Eurodollar Rate Loan, as the
case may be, shall be excluded; provided that if a
Loan is repaid on the same day on which it is made, one day’s interest shall be
paid on that Loan.

     

    
      
         

      

      
        -40-

        
          

        

      

      
         

      

    

    G.           Maximum
Rate.  Notwithstanding the foregoing provisions of this
subsection 2.2, in no event shall the rate of interest payable by Company
with respect to any Loan exceed the maximum rate of interest permitted to be
charged under applicable law.

     

    
      	
               
      

            	
              2.3

            	
              Fees.

            

    

     

    A.           Revolving Commitment
Fees.  Company agrees to pay to Administrative Agent, for
distribution to each Revolving Lender in proportion to that Lender’s Pro Rata
Share, commitment fees for the period from and including the Closing Date to and
excluding the Revolving Loan Commitment Termination Date equal to the average of
the daily excess of the Revolving Loan Commitment Amount over the sum of (i) the
aggregate principal amount of outstanding Revolving Loans (plus any outstanding
Swing Line Loans) plus (ii) the Letter of Credit Usage multiplied by 0.50%
per annum, such commitment fees to be calculated on the basis of a 360-day year
and the actual number of days elapsed and to be payable quarterly in arrears on
the last Business Day of each March, June, September and December of each year,
commencing on the first such date to occur after the Closing Date, and on the
Revolving Loan Commitment Termination Date.

     

    B.           Other Fees.  Company
agrees to pay to Administrative Agent, Collateral Agent and the Arrangers such
fees in the amounts and at the times separately agreed upon between Company and
Administrative Agent, Collateral Agent and the Arrangers,
respectively.

     

    
      	
               
      

            	
              2.4

            	
              Repayments,
      Prepayments and Reductions of Revolving Loan Commitment Amount; General
      Provisions Regarding Payments; Application of Proceeds of Collateral and
      Payments Under Guaranty.

            

    

     

    A.           Scheduled Payments of Term
Loans.  Company shall make principal payments on the Term Loans
in installments on the last day of each Fiscal Quarter, beginning with the
Fiscal Quarter ending September 30, 2007, in an amount equal to such Lender’s
Term Loan Percentage multiplied by (i) 0.25% in the case of the first 27
installments and (ii) 93.25% in the case of the final installment; provided that the
scheduled installments of principal of the Term Loans set forth above shall be
reduced in connection with any voluntary or mandatory prepayments of the Term
Loans in accordance with subsection 2.4B(iv); and provided, further, that the
Term Loans and all other amounts owed hereunder with respect to the Term Loans
shall be paid in full no later than the Term Loan Maturity Date, and the final
installment payable by Company in respect of the Term Loans on such date shall
be in an amount sufficient to repay all amounts owing by Company under this
Agreement with respect to the Term Loans.

     

    B.           Prepayments and Reductions in
Revolving Loan Commitment Amount.

     

    (i)    Voluntary
Prepayments.  Company may, upon written or telephonic notice to
Administrative Agent on or prior to 12:00 Noon (New York City time) on the date
of prepayment, which notice, if telephonic, shall be promptly confirmed in
writing, at any time and from time to time, prepay any Swing Line Loan on any
Business Day in whole or in part in an aggregate minimum amount of $500,000 and
multiples of $100,000 in excess of that amount.  Company may, upon not
less than one Business Day’s prior written or telephonic notice, in the case of
Base Rate Loans, and three Business Days’ prior written or telephonic notice, in
the case of Eurodollar Rate Loans, in each case given to Administrative Agent by
1:00 p.m. (New York City time) on the date required and, if given by telephone,
promptly confirmed in writing to Administrative Agent, who will promptly notify
each Lender whose Loans are to be prepaid of such prepayment, at any time and
from time to time prepay the Term Loans or Revolving Loans on any Business Day
in whole or in part in an aggregate minimum amount of $1,000,000 and multiples
of $500,000 in excess of that amount.  All written notices delivered
pursuant to this subsection 2.4B(i) shall be in the form of a Notice of
Prepayment and all notices whether written or telephonic delivered pursuant to
this subsection 2.4B(i) shall be irrevocable, and once given as aforesaid, the
principal amount of the Loans specified in such notice shall become due and
payable on the prepayment date specified therein; provided that if
notice is given in connection with the refinancing of the Loans with the
proceeds of Indebtedness (other than the Loans) or in connection with a
transaction that would result in a Change in Control and, in either case, such
transaction does not close, such notice shall be revocable and the amounts
specified therein shall not be due and payable except for any amounts payable as
a result thereof pursuant to subsection 2.6D.  Any such voluntary
prepayment shall be applied as specified in subsection 2.4B(iv).

     

    
      
         

      

      
        -41-

        
          

        

      

      
         

      

    

    (ii)   Voluntary Reductions of
Revolving Loan Commitments.  Company may, upon not less than
three Business Days’ prior written or telephonic notice confirmed in writing to
Administrative Agent, or upon such lesser number of days’ prior written or
telephonic notice, as determined by Administrative Agent in its sole discretion,
at any time and from time to time, terminate in whole or permanently reduce in
part, without premium or penalty, the Revolving Loan Commitment Amount in an
amount up to the amount by which the Revolving Loan Commitment Amount exceeds
the Total Utilization of Revolving Loan Commitments at the time of such proposed
termination or reduction; provided that any
such partial reduction of the Revolving Loan Commitment Amount shall be in an
aggregate minimum amount of $1,000,000 and multiples of $500,000 in excess of
that amount.  The Notice of Prepayment shall designate the date (which
shall be a Business Day) of such termination or reduction and the amount of any
partial reduction, and such termination or reduction shall be effective on the
date specified in Company’s notice and shall reduce the amount of the Revolving
Loan Commitment of each Revolving Lender proportionately to its Pro Rata
Share.  Administrative Agent will promptly notify each Revolving
Lender of such notice.  Any such voluntary reduction of the Revolving
Loan Commitment Amount shall be applied as specified in subsection
2.4B(iv).  All written notices delivered pursuant to this subsection
2.4B(ii) shall be in the form of a Notice of Prepayment, all notices, whether
written or telephonic, delivered pursuant to this subsection 2.4B(ii) shall be
irrevocable unless delivered in connection with a refinancing or a transaction
that would result in a Change in Control and Company shall be bound to the
termination or reduction of the Revolving Loan Commitments referenced in such
notice.

     

    (iii)   Mandatory
Prepayments.  The Loans shall be prepaid in the amounts and
under the circumstances (including the giving of the Notice of Prepayment and
Officer’s Certificate required by subsection 2.4B(iii)(e)), set forth below, all
such prepayments to be applied as set forth below or as more specifically
provided in subsection 2.4B(iv) and subsection 2.4D:

     

    (a)           Prepayments from Net Asset
Sale Proceeds.  No later than the fifth Business Day after the
date of receipt by Holdings or any of its Subsidiaries of any Net Asset Sale
Proceeds in respect of any Asset Sale, Company shall (1) prepay the Loans at par
in an aggregate amount equal to such Net Asset Sale Proceeds less the amount
reinvested pursuant to clause (2) below or (2) so long as no Event of Default
shall have occurred and be continuing, reinvest within 365 days of such date of
receipt all or a portion of such Net Asset Sale Proceeds in equipment or other
assets used in the business of any of the Loan Parties.  In addition,
Company shall, no later than 365 days after any Loan Party’s receipt of such Net
Asset Sale Proceeds that have not theretofore been applied to the Obligations or
that have not been so reinvested as provided above, make an additional
prepayment of the Loans in the full amount of all such Net Asset Sale Proceeds;
provided that,
if Company shall have contractually committed to reinvest any Net Asset Sale
Proceeds during such 365 day period, Company shall have until the later of (x)
365 days from the date of receipt of Net Asset Sale Proceeds and (y) 180 days
from the date of such contractual commitment, to reinvest such Net Asset Sale
Proceeds and Company shall make an additional prepayment of Loans, with any Net
Asset Sale Proceeds not reinvested as of such date.

     

    
      
         

      

      
        -42-

        
          

        

      

      
         

      

    

    (b)           Prepayments from Net
Insurance/Condemnation Proceeds.  No later than the fifth
Business Day following the date of receipt by Administrative Agent or by
Holdings or any of its Subsidiaries of any Net Insurance/Condemnation Proceeds
that are required to be applied to prepay the Loans pursuant to the provisions
of subsection 6.4C, Company shall (1) prepay the Loans at par in an
aggregate amount equal to the amount of such Net Insurance/Condemnation Proceeds
less the amount reinvested pursuant to clause (2) below or (2) so long as
no Event of Default shall have occurred and be continuing, reinvest within 365
days of such date of receipt such Net Insurance/Con­dem­na­tion
Proceeds in equipment or other assets used in the business of any of the Loan
Parties.  In addition, Company shall, no later than 365 days after any
Loan Party’s or Subsidiary’s receipt of such Net Insurance/Condemnation Proceeds
that have not theretofore been applied to the Obligations or that have not been
so reinvested as provided above, make an additional prepayment of the Loans in
the full amount of all such Net Insurance/Con­dem­na­tion Proceeds;
provided that,
if Company shall have contractually committed to reinvest any Net
Insurance/Condemnation Proceeds during such 365 day period, Company shall have
until the later of (x) 365 days from the date of receipt of Net
Insurance/Condemnation Proceeds and (y) 180 days from the date of such
contractual commitment to reinvest such Net
Insurance/Con­dem­na­tion Proceeds and Company shall make an
additional prepayment of Loans with any Net Insurance/Condemnation Proceeds not
reinvested as of such date.

     

    (c)           Prepayments Due to Issuance
of Indebtedness.  No later than the third Business Day after
the date of receipt of the Net Securities Proceeds from the issuance of any
Indebtedness of Holdings or any of its Subsidiaries after the Closing Date,
other than Indebtedness permitted pursuant to subsection 7.1, Company shall
prepay the Loans at par in an aggregate amount equal to such Net Securities
Proceeds.

     

    (d)           Prepayments from
Consolidated Excess Cash Flow.  In the event that there shall
be Consolidated Excess Cash Flow for any Fiscal Year (commencing with Fiscal
Year 2008), Company shall, no later than 105 days after the end of such Fiscal
Year, prepay the Loans at par in an aggregate amount equal to 50% of such
Consolidated Excess Cash Flow; provided that, so
long as no Event of Default shall have occurred and be continuing, for any
Fiscal Year in which the Consolidated Leverage Ratio (determined by reference to
the Compliance Certificate for such Fiscal Year delivered pursuant to subsection
6.1(iv) calculating the Consolidated Leverage Ratio) shall be less than
4.50:1.00 but greater than or equal to 3.25:1.00, Company shall only be required
to make the prepayments otherwise required hereby in an amount equal to 25% of
such Consolidated Excess Cash Flow, and during any period in which the
Consolidated Leverage Ratio shall be less than 3.25:1.00, Company shall no
longer be required to make the prepayments otherwise required by this subsection
2.4B(iii)(d).  Notwithstanding the foregoing, the amount of Loans
required to be repaid pursuant to this clause (d) for any Fiscal Year shall be
reduced on a dollar for dollar basis by the amount of optional prepayments of
Loans made pursuant to this subsection 2.4B during such Fiscal Year (or, without
duplication of any amount which would reduce the amount of Loans required to be
repaid pursuant to this clause (d) for the next Fiscal Year, any prepayments of
Loans made pursuant to this subsection 2.4B following the last day of such
Fiscal Year and prior to that date of required prepayment pursuant to this
clause (d) for such Fiscal Year).

     

    
      
         

      

      
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    (e)           Calculations of Net Proceeds
Amounts; Additional Prepayments Based on Subsequent
Calculations.  Company shall provide Administrative Agent with
not less than one Business Day’s prior written notice by delivery of a Notice of
Prepayment or prior telephonic notice promptly confirmed in writing by the
delivery of a Notice of Prepayment, of any prepayment of the Loans pursuant to
subsections 2.4B(iii)(a)-(d).  Such written or telephonic notice shall
be irrevocable and Company shall be bound to make the mandatory prepayment
referenced in such notice on the date indicated in such notice; provided that if
notice is given in connection with the refinancing of the Loans with the
proceeds of Indebtedness (other than the Loans) or in connection with a
transaction that would result in a Change in Control and, in either case, such
transaction does not close, such notice shall be revocable (without penalty) and
the amounts specified therein shall not be due and
payable.  Administrative Agent shall promptly notify each Lender of
such prepayment and of the amount of the prepayment proposed to be applied to
such Lender’s Loans.  Concurrently with any prepayment of the Loans
pursuant to subsections 2.4B(iii)(a)-(d), Company shall deliver to
Administrative Agent an Officer’s Certificate demonstrating the calculation of
the amount of the applicable Net Asset Sale Proceeds, Net Insurance/Condemnation
Proceeds, Net Securities Proceeds, or Consolidated Excess Cash Flow, as the case
may be, that gave rise to such prepayment.  In the event that Company
shall subsequently determine that the actual amount was greater than the amount
set forth in such Officer’s Certificate, Company shall promptly make an
additional prepayment of the Loans in an amount equal to the applicable
percentage of such excess amount and Company shall concurrently therewith
deliver to Administrative Agent an Officer’s Certificate demonstrating the
derivation of the additional amount resulting in such excess.

     

    (f)           Prepayments Due to
Reductions of Revolving Loan Commitment Amount.  Company shall
from time to time prepay first the Swing Line
Loans and second the Revolving
Loans (and, after prepaying all Revolving Loans, cash collateralize any
outstanding Letters of Credit by depositing the requisite amount in the
Collateral Account) (x) in full, upon the occurrence of a Potential Event
of Default or Event of Default arising from a breach of subsection 7.5 and (y)
to the extent necessary so that the Total Utilization of Revolving Loan
Commitments shall not at any time exceed the Revolving Loan Commitment Amount
then in effect.  At such time as the Total Utilization of Revolving
Loan Commitments shall be equal to or less than the Revolving Loan Commitment
Amount or upon compliance with subsection 7.5, if no Event of Default has
occurred and is continuing, to the extent any cash collateral was provided by
Company and has not been applied to any Obligations as provided in the Security
Agreement, such amount may, promptly at the request of Company, be released to
Company.

     

    (iv)         Application of
Prepayments.

     

    (a)           Application of Voluntary
Prepayments.  Any voluntary prepayments pursuant to subsection
2.4B(i) shall be applied as specified by Company in the applicable Notice of
Prepayment; provided that all
such voluntary prepayments shall, irrespective of any application specified by
Company, be applied in the following priority to repay any amounts owing to (i)
first, Swing
Line Lender due to the failure of any Revolving Lender to (A) fund a Revolving
Loan for the purpose of repaying any Refunded Swing Line Loan pursuant to
subsection 2.1A(iii)(b) or (B) purchase an assignment of an unpaid Swing Line
Loan pursuant to subsection 2.1A(iii)(c), and (ii) second, Issuing
Lenders due to the failure of any Revolving Lender to (A) fund a Revolving Loan
for the purpose of repaying any unreimbursed amounts of a drawing under a Letter
of Credit pursuant to subsection 3.3B or (B) fund a participation in any such
unreimbursed Letter of Credit drawing pursuant to subsection 3.3C; provided, further, that in the
event Company fails to specify the Loans to which any such prepayment shall be
applied, and funds remain after being applied in accordance with this subsection
2.4B(iv)(a), such prepayment shall be applied first to repay
outstanding Term Loans to the full extent thereof, second to repay
outstanding Swing Line Loans to the full extent thereof, and third to repay
outstanding Revolving Loans to the full extent thereof.  Any voluntary
prepayments of the Term Loans pursuant to subsection 2.4B(i) shall be applied to
reduce the scheduled installments of principal of the Term Loans set forth in
subsection 2.4A on a pro rata basis (in accordance with the respective
outstanding principal amounts thereof) to each scheduled installment of
principal of the Term Loans set forth in subsection 2.4A that is
unpaid at the time of such prepayment.

     

    
      
         

      

      
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    (b)           Application of Mandatory
Prepayments of Type of Loans and the Scheduled Installments of Principal
Thereof.  Except as provided in subsection 2.4D, any amount
required to be applied as a mandatory prepayment of the Loans pursuant to
subsections 2.4B(iii)(a)-(e) shall be applied first to prepay the
Term Loans to the full extent thereof, second (but only if a
Potential Event of Default or Event of Default shall have occurred and be
continuing at the time of such prepayment obligation) (but without any permanent
reduction in commitment), to the extent of any remaining portion of such amount,
to prepay the Swing Line Loans to the full extent thereof, and third, to the extent
of any remaining portion of such amount, to prepay the Revolving Loans to the
full extent thereof (but without any permanent reduction in
commitment).  Any mandatory prepayments of the Term Loans pursuant to
subsection 2.4B(iii) shall be applied to reduce the scheduled
installments of principal of the Term Loans set forth in subsection 2.4A on
a pro rata basis (in accordance with the respective outstanding principal
amounts thereof) to each scheduled installment of principal of the Term Loans
set forth in subsection 2.4A that is unpaid at the time of such
prepayment.

     

    (c)           Application of Prepayments
to Base Rate Loans and Eurodollar Rate Loans.  Considering Term
Loans and Revolving Loans being prepaid separately, any prepayment thereof shall
be applied first to Base Rate Loans to the full extent thereof before
application to Eurodollar Rate Loans, in each case in a manner that minimizes
the amount of any payments required to be made by Company pursuant to
subsection 2.6D.

     

    (v)    All amounts
prepaid pursuant to this subsection 2.4 shall be made without premium or
penalty, except for any amounts payable pursuant to subsection
2.6D.

     

    C.           General Provisions Regarding
Payments.

     

    (i)    Manner and Time of
Payment.  All payments by Company of principal, interest, fees
and other Obligations shall be made in Dollars in same day funds, without
defense, set-off or counterclaim, free of any restriction or condition, and
delivered to Administrative Agent not later than 12:00 Noon (New York City time)
on the date due at the Funding and Payment Account for the account of Lenders;
funds received by Administrative Agent after that time on such due date shall be
deemed to have been paid by Company on the next succeeding Business
Day.  Company hereby authorizes Administrative Agent to charge its
accounts with Administrative Agent in order to cause timely payment to be made
to Administrative Agent of all principal, interest, fees and expenses due
hereunder (subject to sufficient funds being available in its accounts for that
purpose).

     

    (ii)    Application of Payments to
Principal and Interest.  All payments in respect of the
principal amount of any Loan shall include payment of accrued interest on the
principal amount being repaid or prepaid, and all such payments shall be applied
to the payment of interest before application to principal.

     

    
      
         

      

      
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    (iii)    Apportionment of
Payments.  Aggregate principal and interest payments (including
prepayments) in respect of Term Loans and Revolving Loans shall be apportioned
among all outstanding Loans to which such payments relate, in each case
proportionately to Lenders’ respective Pro Rata Shares; provided that all
payments in respect of Revolving Loans shall first be applied in the following
priority to repay any amounts owing to (i) first, Swing Line
Lender due to the failure of any Revolving Lender to (A) fund a Revolving Loan
for the purpose of repaying any Refunded Swing Line Loan pursuant to subsection
2.1A(iii)(b) or (B) purchase an assignment of an unpaid Swing Line Loan pursuant
to subsection 2.1A(iii)(c), and (ii) second, Issuing
Lenders due to the failure of any Revolving Lender to (A) fund a Revolving Loan
for the purpose of repaying any unreimbursed amounts of a drawing under a Letter
of Credit pursuant to subsection 3.3B or (B) fund a participation in any such
unreimbursed Letter of Credit drawing pursuant to subsection
3.3C.  Administrative Agent shall promptly distribute to each Lender,
at the account specified in the payment instructions delivered to Administrative
Agent by such Lender, its Pro Rata Share of all such payments received by
Administrative Agent and the commitment fees and Letter of Credit fees of such
Lender, if any, when received by Administrative Agent pursuant to subsections
2.3 and 3.2.  Notwithstanding the foregoing provisions of this
subsection 2.4C(iii), if, pursuant to the provisions of subsection 2.6C, any
Notice of Conversion/Continuation is withdrawn as to any Affected Lender or if
any Affected Lender makes Base Rate Loans in lieu of its Pro Rata Share of any
Eurodollar Rate Loans, Administrative Agent shall give effect thereto in
apportioning interest payments received thereafter.

     

    (iv)    Payments on Business
Days.  Whenever any payment to be made hereunder shall be
stated to be due on a day that is not a Business Day, such payment shall be made
on the next preceding Business Day.

     

    D.           Application of Proceeds of Collateral
and Payments After Event of Default.  Upon the occurrence and
during the continuation of an Event of Default, if requested by Requisite
Lenders, or upon acceleration of the Obligations pursuant to Section 8,
(a) all payments received by Administrative Agent or Collateral Agent,
whether from Company or any Guarantor or otherwise, and (b) all proceeds
received by Collateral Agent in respect of any sale of, collection from, or
other realization upon all or any part of the Collateral under any Collateral
Document shall be applied in full by Collateral Agent in the following order of
priority:

     

    (i)    to the
payment of all costs and expenses of such sale, collection or other realization,
all other reasonable and documented out-of-pocket expenses, liabilities and
advances made or incurred by Administrative Agent and Collateral Agent in
connection therewith, and all amounts for which Administrative Agent and
Collateral Agent are entitled to compensation (including the fees described in
subsection 2.3), reimbursement and indemnification under any Loan Document
and all advances made by Administrative Agent and Collateral Agent thereunder
for the account of the applicable Loan Party, and to the payment of all
reasonable and documented out-of-pocket costs and expenses paid or incurred by
Administrative Agent in connection with the Loan Documents in its capacity as
Administrative Agent and Collateral Agent, all in accordance with subsections
9.4, 10.2 and 10.3 and the other terms of this Agreement and the Loan
Documents;

     

    (ii)    thereafter,
pro rata to the payment of all other Obligations and obligations of Loan Parties
under any Hedge Agreement between a Loan Party and a Swap Counterparty for the
ratable benefit of the holders thereof (subject to the provisions of
subsection 2.4C(ii) hereof) and to cash collateralize any outstanding
Letters of Credit that have not been fully cash collateralized;

     

    (iii)    thereafter,
to Second Lien Collateral Agent, in accordance with the terms of the
Intercreditor Agreement; and

     

    
      
         

      

      
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    (iv)    thereafter,
to the payment to or upon the order of such Loan Party or to whosoever may be
lawfully entitled to receive the same or as a court of competent jurisdiction
may direct.

     

    If any
Letter of Credit which has been cash collateralized subsequently expires or is
returned to the Issuing Lender partially or fully undrawn, any cash collateral
held with respect to the undrawn portion of such Letter of Credit shall be
returned to Administrative Agent and applied in the order specified
above.

     

    
      	
               
      

            	
              2.5

            	
              Use of
      Proceeds.

            

    

     

    A.           Term Loans.  The
proceeds of the Term Loans shall be applied by Company to fund in part the
Acquisition Financing Requirements.

     

    B.           Revolving Loans; Swing Line
Loans.  No Revolving Loans will be available to Company on the
Closing Date to fund the Acquisition Financing Requirements.  After
the Closing Date, the proceeds of any Revolving Loans and any Swing Line Loans
shall be applied by Company for working capital, Permitted Acquisitions, capital
expenditures (in accordance with subsection 7.7) and other general corporate
purposes, which may include the making of intercompany loans to any of Company’s
Subsidiaries permitted by subsection 7.1, for their own general corporate
purposes.

     

    C.           Margin
Regulations.  No portion of the proceeds of any borrowing under
this Agreement shall be used by Company or any of its Subsidiaries in any manner
that would cause the borrowing or the application of such proceeds to violate
Regulation U, Regulation T or Regulation X of the Board of Governors of the
Federal Reserve System or any other regulation of such Board, in each case as in
effect on the date or dates of such borrowing and such use of
proceeds.

     

    
      	
               
      

            	
              2.6

            	
              Special Provisions
      Governing Eurodollar Rate
Loans.

            

    

     

    Notwithstanding
any other provision of this Agreement to the contrary, the following provisions
shall govern with respect to Eurodollar Rate Loans as to the matters
covered:

     

    A.           Determination of Applicable Interest
Rate.  On each Interest Rate Determination Date, Administrative
Agent shall determine in accordance with the terms of this Agreement (which
determination shall, absent manifest error, be conclusive and binding upon all
parties) the interest rate that shall apply to the Eurodollar Rate Loans for
which an interest rate is then being determined for the applicable Interest
Period and shall promptly give notice thereof (in writing or by telephone
confirmed in writing) to Company and each applicable Lender.

     

    B.           Inability To Determine Applicable
Interest Rate.  In the event that Administrative Agent shall
reasonably have determined (which determination shall be conclusive and binding
upon all parties hereto), on any Interest Rate Determination Date, that by
reason of circumstances affecting the London interbank market adequate and fair
means do not exist for ascertaining the interest rate applicable to such Loans
on the basis provided for in the definition of Eurodollar Rate, Administrative
Agent shall on such date give notice (by telefacsimile or by telephone confirmed
in writing) to Company and each Lender of such determination, whereupon (i) no
Loans may be made as, or converted to, Eurodollar Rate Loans until such time as
Administrative Agent notifies Company and Lenders that the circumstances giving
rise to such notice no longer exist and (ii) any Notice of Borrowing or Notice
of Conversion/Continuation given by Company with respect to the Loans in respect
of which such determination was made shall be deemed to be for a Base Rate
Loan.

     

    
      
         

      

      
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    C.           Illegality or Impracticability of
Eurodollar Rate Loans.  In the event that on any date
(i) any Lender shall have determined (which determination shall be
conclusive and binding upon all parties hereto but shall be made only after
consultation with Company and Administrative Agent) that the making, maintaining
or continuation of its Eurodollar Rate Loans has become unlawful as a result of
compliance by such Lender in good faith with any law, treaty, governmental rule,
regulation, guideline or order (or would conflict with any such treaty,
governmental rule, regulation, guideline or order not having the force of law
that would be complied with generally by similarly situated banks acting
reasonably even though the failure to comply therewith would not be unlawful) or
(ii) Administrative Agent is advised by the Requisite Lenders or the
Requisite Class Lenders that as a result of circumstances arising after the
Closing Date the Eurodollar Rate for such Interest Period will not adequately
and fairly reflect the cost to such Lenders (the “Affected Lenders”) of making
or maintaining their Loans included in such borrowing for such Interest Period,
Administrative Agent shall promptly notify each other Lender of the receipt of
such notice.  Thereafter (a) the obligation of the Affected Lender to
make Loans as, or to convert Loans to, Eurodollar Rate Loans shall be suspended
until such notice shall be withdrawn by the Affected Lender, (b) to the extent
such determination by the Affected Lender relates to a Eurodollar Rate Loan then
being requested by Company pursuant to a Notice of Borrowing or a Notice of
Conversion/Continuation, the Affected Lender shall make such Loan as (or convert
such Loan to, as the case may be) a Base Rate Loan, (c) the Affected Lender’s
obligation to maintain its outstanding Eurodollar Rate Loans (the “Affected Loans”) shall be
terminated at the earlier to occur of the expiration of the Interest Period then
in effect with respect to the Affected Loans or when required by law, and (d)
the Affected Loans shall automatically convert into Base Rate Loans on the date
of such termination.  Notwithstanding the foregoing, to the extent a
determination by an Affected Lender as described above relates to a Eurodollar
Rate Loan then being requested by Company pursuant to a Notice of Borrowing or a
Notice of Conversion/Continuation, Company shall have the option, subject to the
provisions of subsection 2.6D, to rescind such Notice of Borrowing or Notice of
Conversion/Continuation as to all Lenders by giving notice (by telefacsimile or
by telephone confirmed in writing) to Administrative Agent of such rescission on
the date on which the Affected Lender gives notice of its determination as
described above.  Administrative Agent shall promptly notify each
other Lender of the receipt of such notice.  Except as provided in the
second immediately preceding sentence, nothing in this subsection 2.6C shall
affect the obligation of any Lender other than an Affected Lender to make or
maintain Loans as, or to convert Loans to, Eurodollar Rate Loans in accordance
with the terms of this Agreement.

     

    D.           Compensation for Breakage or
Non-Commencement of Interest Periods.  Company shall compensate
each Lender, upon written request by that Lender pursuant to subsection 2.8, for
all reasonable losses, expenses and liabilities (including any interest paid by
that Lender to lenders of funds borrowed by it to make or carry its Eurodollar
Rate Loans and any loss, expense or liability sustained by that Lender in
connection with the liquidation or re-employment of such funds but excluding any
loss of anticipated profits) which that Lender has actually
sustained:  (i) if for any reason (other than a default by that
Lender) a borrowing of any Eurodollar Rate Loan does not occur on a date
specified therefor in a Notice of Borrowing or a telephonic request therefor, or
a conversion to or continuation of any Eurodollar Rate Loan does not occur on a
date specified therefor in a Notice of Conversion/Continuation or a telephonic
request therefor, (ii) if any prepayment or other principal payment or any
conversion of any of its Eurodollar Rate Loans (including any prepayment or
conversion occasioned by the circumstances described in subsection 2.6C) occurs
on a date prior to the last day of an Interest Period applicable to that Loan,
(iii) if any prepayment of any of its Eurodollar Rate Loans is not made on any
date specified in a Notice of Prepayment given by Company or (iv) as a
consequence of any other default by Company in the repayment of its Eurodollar
Rate Loans when required by the terms of this Agreement.

     

    
      
         

      

      
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    E.           Booking of Eurodollar Rate
Loans.  Any Lender may make, carry or transfer Eurodollar Rate
Loans at, to or for the account of any of its branch offices or the office of an
Affiliate of that Lender.

     

    F.           Assumptions Concerning Funding of
Eurodollar Rate Loans.  Calculation of all amounts payable to a
Lender under this subsection 2.6 and under subsection 2.7A shall be
made as though that Lender had funded each of its Eurodollar Rate Loans through
the purchase of a Eurodollar deposit bearing interest at the rate obtained
pursuant to clause (i) of the definition of Eurodollar Rate in an amount
equal to the amount of such Eurodollar Rate Loan and having a maturity
comparable to the relevant Interest Period, whether or not its Eurodollar Rate
Loans had been funded in such manner.

     

    G.           Eurodollar Rate Loans After Event of
Default.  After the occurrence of and during the continuation
of an Event of Default, at the election of Administrative Agent or the Requisite
Lenders, (i) Company may not elect to have a Loan be made or maintained as,
or converted to, a Eurodollar Rate Loan after the expiration of any Interest
Period then in effect for that Loan and (ii) subject to the provisions of
subsection 2.6D, any Notice of Borrowing or Notice of
Conversion/Continuation given by Company with respect to a requested borrowing
or conversion/continuation that has not yet occurred shall be deemed to be for a
Base Rate Loan or, if the conditions to making a Loan set forth in
subsection 4.2 cannot then be satisfied, to be rescinded by
Company.

     

    
      	
               
      

            	
              2.7

            	
              Increased Costs;
      Taxes; Capital Adequacy.

            

    

     

    A.           Compensation for Increased
Costs.  Subject to the provisions of subsection 2.7B (which
shall be controlling with respect to the matters covered thereby), in the event
that any Lender (including any Issuing Lender) shall determine (which
determination shall, absent manifest error, be final and conclusive and binding
upon all parties hereto) that any Change in Law:

     

    (i)    subjects such
Lender to any additional tax of any kind whatsoever with respect to this
Agreement, the other Loan Documents or any of its obligations hereunder or
thereunder (including with respect to issuing or maintaining any Letters of
Credit or purchasing or maintaining any participations therein or maintaining
any Commitment hereunder) or any payments to such Lender of principal, interest,
fees or any other amount payable hereunder or thereunder (except for the
imposition of, or any change in the rate of, any Excluded Tax payable by such
Lender);

     

    (ii)    imposes,
modifies or holds applicable, in the opinion of such Lender, any material
reserve, special deposit, compulsory loan, insurance charge or similar
requirement against assets held by, or deposits or other liabilities in or for
the account of, or advances or loans by, or other credit extended by, or any
other acquisition of funds by, any office of such Lender (other than any such
reserve or other requirements with respect to Eurodollar Rate Loans that are
reflected in the definition of Eurodollar Rate); or

     

    (iii)   imposes any other
condition (other than with respect to Taxes) on or affecting such Lender or its
obligations hereunder or the London interbank market;

     

    and the
result of any of the foregoing is to increase the cost to such Lender of
agreeing to make, making or maintaining its Loans or Commitments or agreeing to
issue, issuing or maintaining any Letter of Credit or agreeing to purchase,
purchasing or maintaining any participation therein or to reduce any amount
received or receivable by such Lender with respect thereto; then, in any such
case, Company shall promptly pay to such Lender (without duplication of amounts
payable to such Lender under subsection 2.7B), upon receipt of the statement
referred to in subsection 2.8A, such additional amount or amounts (in the form
of an increased rate of, or a different method of calculating, interest or
otherwise as such Lender in its sole discretion shall determine) as may be
necessary to compensate such Lender on an after-tax basis for any such increased
cost or reduction in amounts received or receivable
hereunder.  Company shall not be required to compensate a Lender
pursuant to this subsection 2.7A for any increased cost or reduction in respect
of a period occurring more than nine months prior to the date on which such
Lender notifies Company of such Change in Law and such Lender’s intention to
claim compensation therefor, except, if the Change in Law giving rise to such
increased cost or reduction is retroactive, no such time limitation shall apply
so long as such Lender requests compensation within nine months from the date on
which the applicable Government Authority informed such Lender of such Change in
Law.

     

    
      
         

      

      
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    B.           Taxes.

     

    (i)    Payments To Be Free and
Clear.  Except as otherwise required by law, any and all
payments by or on account of any obligation of any Loan Party under this
Agreement and any other Loan Documents shall be made free and clear of, and
without any deduction or withholding on account of, any Indemnified Taxes or
Other Taxes.

     

    (ii)    Grossing-up of
Payments.  If a Loan Party is required by law to make any
deduction or withholding on account of any Tax from any sum paid or payable by a
Loan Party to Administrative Agent or any Lender under any of the Loan
Documents:

     

    (a)           the
applicable Loan Party shall notify Administrative Agent of any such requirement
or any change in any such requirement as soon as the applicable Loan Party
becomes aware of it;

     

    (b)           the
applicable Loan Party shall make such deductions or withholdings and timely pay
any such amount deducted to the relevant Government Authority when such amount
is due, in accordance with applicable law;

     

    (c)          
 in the case of any Indemnified Tax or other Tax, the sum payable by the
applicable Loan Party shall be increased to the extent necessary to ensure that,
after making the required deductions or withholdings (including deductions
applicable to additional sums payable under this subsection 2.7B),
Administrative Agent or such Lender, as the case may be, receives on the due
date an amount equal to the sum it would have received had no such deduction or
withholding been required or made; and

     

    (d)           within
30 days or, if not possible, as soon as reasonably practicable after any payment
of any Indemnified Tax or Other Tax, Company shall deliver to Administrative
Agent the original or a certified copy of an official receipt issued by the
relevant Government Authority evidencing such payment or other document
reasonably satisfactory to the other affected parties to evidence the payment
and its remittance to the relevant Government Authority.

     

    (iii)   Indemnification by
Company.  Company shall indemnify Administrative Agent and each
Lender, within 10 days after demand therefor, for the full amount of any
Indemnified Taxes or Other Taxes (including for the full amount of any
Indemnified Taxes or Other Taxes imposed or asserted on or attributable to
amounts payable under this subsection 2.7B) payable by Administrative Agent
or such Lender, as the case may be, 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 Government Authority.  A certificate as to the amount
of such payment or liability, including a copy of the receipt or other
reasonably satisfactory evidence of its demand, delivered to Company by a Lender
(with a copy to Administrative Agent), or by Administrative Agent on its own
behalf or on behalf of a Lender, shall be conclusive absent manifest
error.

     

    
      
         

      

      
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    (iv)   Tax Status of
Lenders.  Unless not legally entitled to do so:

     

    (a)           any
Foreign Lender that is entitled to an exemption from or reduction of withholding
of any Indemnified Tax under the laws of the United States, or any treaty to
which the United States is a party, with respect to payments hereunder or under
any other Loan Document shall deliver to Company (with a copy to Administrative
Agent), on or prior to the date on which such Foreign Lender becomes a Lender
under this Agreement (and from time to time thereafter if reasonably requested
by Company or Administrative Agent), such properly completed and duly executed
forms or other documentation prescribed by applicable law as will permit such
payments to be made without withholding or at a reduced rate of
withholding;

     

    (b)           without
limiting the generality of the foregoing, each Foreign Lender shall deliver to
Company and Administrative Agent (in such number of original copies as shall be
requested by the recipient) on or prior to the date on which such Foreign Lender
becomes a Lender under this Agreement (and from time to time thereafter if
reasonably requested by Company or Administrative Agent), whichever of the
following is applicable:

     

    (1)           properly
completed and duly executed original copies of Internal Revenue Service
Form W-8BEN claiming eligibility for benefits of an income tax treaty to
which the United States is a party,

     

    (2)           properly
completed and duly executed original copies of Internal Revenue Service
Form W-8ECI,

     

    (3)           in
the case of a Foreign Lender claiming the benefits of the exemption for
“portfolio interest” under Section 881(c) of the Internal Revenue Code,
(a) a duly executed certificate to the effect that such Foreign Lender is
not (i) a “bank” within the meaning of Section 881(c)(3)(A) of the
Internal Revenue Code, (ii) a ten-percent shareholder, within the meaning
of Section 881(c)(3)(B) of the Internal Revenue Code, of Company or (iii) a
controlled foreign corporation described in Section 881(c)(3)(C) of the Internal
Revenue Code and (b) properly completed and duly executed original copies of
Internal Revenue Service Form W-8BEN, or

     

    (4)           properly
completed and duly executed original copies of any other form prescribed by
applicable law as a basis for claiming exemption from or a reduction in U.S.
federal withholding tax, together with such supplementary documentation as may
be prescribed by applicable law to permit Company and Administrative Agent to
determine the withholding or deduction required to be made, if any;

     

    (c)           without
limiting the generality of the foregoing, each Foreign Lender that does not act
or ceases to act for its own account with respect to any portion of any sums
paid or payable to such Lender under any of the Loan Documents (for example, in
the case of a typical participation by such Lender) shall deliver to
Administrative Agent and Company (in such number of original copies as shall be
requested by the recipient), on or prior to the date such Foreign Lender becomes
a Lender, or on such later date when such Foreign Lender ceases to act for its
own account with respect to any portion of any such sums paid or payable (and
from time to time thereafter, if reasonably requested by Company or
Administrative Agent):

     

    
      
         

      

      
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    (1)           any
duly executed and properly completed original copies of the forms and statements
required to be provided by such Foreign Lender under clause (c) of
this subsection 2.7B(iv), to establish the portion of any such sums paid or
payable with respect to which such Lender acts for its own account and may be
entitled to an exemption from or a reduction of U.S. federal withholding tax,
and

     

    (2)           original
copies of Internal Revenue Service Form W-8IMY (or any successor forms)
properly completed and duly executed by such Foreign Lender, together with
information, if any, such Foreign Lender chooses to transmit with such form, and
any other certificate or statement of exemption required under the Internal
Revenue Code or the regulations thereunder, to establish that such Foreign
Lender is not acting for its own account with respect to a portion of any such
sums payable to such Foreign Lender and to establish that such remaining portion
may be received without deduction for, or at a reduced rate of, U.S. federal
withholding tax;

     

    (d)           without
limiting the generality of the foregoing, any Lender that is not a Foreign
Lender and has not otherwise established to the reasonable satisfaction of
Company and Administrative Agent that it is an exempt recipient (as defined in
Section 6049(b)(4) of the Internal Revenue Code and the United States
Treasury Regulations thereunder) shall deliver to Company and Administrative
Agent (in such number of copies as shall be reasonably requested by the
recipient) on or prior to the date on which such Lender becomes a Lender under
this Agreement (and from time to time thereafter as prescribed by applicable law
or upon the reasonable request of Company or Administrative Agent), duly
executed and properly completed copies of Internal Revenue Service
Form W-9; and

     

    (e)           without
limiting the generality of the foregoing, each Lender hereby agrees, from time
to time after the initial delivery by such Lender of such forms, whenever a
lapse in time or change in such Lender’s circumstances renders such forms,
certificates or other evidence so delivered obsolete or inaccurate, that such
Lender shall promptly (1) deliver to Administrative Agent and Company two
original copies of renewals, amendments or additional or successor forms,
properly completed and duly executed by such Lender, together with any other
certificate or statement of exemption required in order to confirm or establish
such Lender’s status or that such Lender is entitled to an exemption from or
reduction in U.S. federal withholding tax with respect to payments to such
Lender under the Loan Documents and, if applicable, that such Lender does not
act for its own account with respect to any portion of such payment, or
(2) notify Administrative Agent and Company of its inability to deliver any
such forms, certificates or other evidence.

     

    (v)   Payment of Other Taxes by
Company.  Without limiting the other provisions of this
subsection 2.7B, Company shall timely pay any Other Taxes to the relevant
Government Authorities in accordance with applicable law.

     

    C.           Capital Adequacy
Adjustment.  If any Lender shall have determined in good faith
that any Change in Law regarding capital adequacy has or would have the effect
of reducing the rate of return on the capital of such Lender or any corporation
controlling such Lender as a consequence of, or with reference to, such Lender’s
Loans or Commitments or Letters of Credit or participations therein or other
obligations hereunder with respect to the Loans or the Letters of Credit to a
level below that which such Lender or such controlling corporation could have
achieved but for such Change in Law (taking into consideration the policies of
such Lender or such controlling corporation with regard to capital adequacy),
then from time to time, promptly (but in any case) within 10 Business Days after
receipt by Company from such Lender of the statement referred to in subsection
2.8A, Company shall pay to such Lender such additional amount or amounts as will
compensate such Lender or such controlling corporation on an after-tax basis for
such reduction.

     

    
      
         

      

      
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              2.8

            	
              Statement of Lenders;
      Obligation of Lenders and Issuing Lenders to
    Mitigate.

            

    

     

    A.           Statements.  Each
Lender claiming compensation or reimbursement pursuant to subsection 2.6D,
2.7A, 2.7C or 2.8B shall deliver to Company (with a copy to Administrative
Agent) a written statement setting forth in reasonable detail amounts actually
incurred that form the basis of the calculation of such compensation or
reimbursement but such Lender shall not be required to disclose any confidential
or proprietary information therein, which statement shall be conclusive and
binding upon all parties hereto absent manifest error.

     

    B.           Mitigation.  Each
Lender and Issuing Lender agrees that, as promptly as practicable after the
officer of such Lender or Issuing Lender responsible for administering the Loans
or Letters of Credit of such Lender or Issuing Lender, as the case may be,
becomes aware of the occurrence of an event or the existence of a condition that
would cause such Lender to become an Affected Lender or that would entitle such
Lender or Issuing Lender to receive payments under subsection 2.7, it will
use reasonable efforts to make, issue, fund or maintain the Commitments of such
Lender or the Loans or Letters of Credit of such Lender or Issuing Lender
through another lending office or letter of credit office of such Lender or
Issuing Lender, if (i) as a result thereof the circumstances which would
cause such Lender to be an Affected Lender would cease to exist or the
additional amounts which would otherwise be required to be paid to such Lender
or Issuing Lender pursuant to subsection 2.7 would be materially reduced,
and (ii) as determined by such Lender or Issuing Lender in its reasonable
discretion, such action would not otherwise be disadvantageous to such Lender or
Issuing Lender; provided that such
Lender or Issuing Lender will not be obligated to utilize such other lending or
letter of credit office pursuant to this subsection 2.8B unless Company
agrees to pay all reasonable incremental expenses incurred by such Lender or
Issuing Lender as a result of utilizing such other lending or letter of credit
office as described above.

     

    
      	
               
      

            	
              2.9

            	
              Replacement of a
      Lender.

            

    

     

    If
Company receives a statement of amounts due pursuant to subsection 2.8A from a
Lender, a Revolving Lender defaults in its obligations to fund a Revolving Loan
pursuant to this Agreement, a Lender (a “Non-Consenting Lender”)
refuses to consent to an amendment, modification or waiver of this Agreement
that, pursuant to subsection 10.6, requires consent of 100% of the Lenders or
100% of the Lenders with Obligations directly affected and which receives the
consent of Requisite Lenders or a Lender becomes an Affected Lender (any such
Lender, a “Subject
Lender”), so long as (i) no Event of Default shall have occurred and
be continuing and Company has obtained a commitment from another Lender or an
Eligible Assignee to purchase at par the Subject Lender’s Loans and assume the
Subject Lender’s Commitments and all other obligations of the Subject Lender
hereunder, (ii) such Lender is not an Issuing Lender with respect to any Letters
of Credit outstanding (unless all such Letters of Credit are terminated or
arrangements acceptable to such Issuing Lender (such as a “back-to-back” letter
of credit) are made) and (iii) if applicable, the Subject Lender is unwilling to
withdraw the notice delivered to Company pursuant to subsection 2.8A and/or is
unwilling to consent to such amendment, modification or waiver, and/or is
unwilling to remedy its default upon five Business Days’ prior written notice to
the Subject Lender and Administrative Agent, Company may either (x) with the
consent of the Requisite Lenders, pay in full all outstanding principal,
interest, fees and other amounts owed to any Non-Consenting Lender and terminate
the Commitment of such Non-Consenting Lender or (y) require the Subject Lender
to assign all of its Loans and Commitments to such other Lender, Lenders,
Eligible Assignee or Eligible Assignees pursuant to the provisions of subsection
10.1B; provided
that, prior to or concurrently with such replacement, (1) the Subject Lender
shall have received payment in full of all principal, interest, fees and other
amounts (including all amounts under subsections 2.6D, 2.7 and/or 2.8B (if
applicable)) through such date of replacement and a release from its obligations
under the Loan Documents, (2) the processing fee required to be paid by
subsection 10.1B(i) shall have been paid to Administrative Agent by Company or
such assignee, (3) all of the requirements for such assignment contained in
subsection 10.1B, including the consent of Administrative Agent (not to be
unreasonably withheld or delayed) (if required) and the receipt by
Administrative Agent of an Assignment Agreement executed by the assignee
(Administrative Agent being hereby authorized to execute any Assignment
Agreement on behalf of a Subject Lender relating to the assignment of Loans
and/or Commitments of such subject Lender) and other supporting documents, have
been fulfilled, and (4) in the event such Subject Lender is a Non-Consenting
Lender, each assignee shall consent, at the time of such assignment, to each
matter in respect of which such Subject Lender was a Non-Consenting Lender and
Company also requires each other Subject Lender that is a Non-Consenting Lender
to assign its Loans and Commitments.  For the avoidance of doubt, if a
Lender is a Non-Consenting Lender solely because it refused to consent to an
amendment, modification or waiver that required the consent of 100% of Lenders
with Obligations directly affected thereby (which amendment, modification or
waiver did not accordingly require the consent of 100% of all Lenders), the
Loans and Commitments of such Non-Consenting Lender that are subject to the
assignments required by this subsection 2.9 shall include only those Loans and
Commitments that constitute the Obligations directly affected by the amendment,
modification or waiver to which such Non-Consenting Lender refused to provide
its consent.  A Lender that has assigned its Loans and Commitments
pursuant to this subsection 2.9 shall continue to be entitled to the benefits of
subsections 2.6, 2.7 and 2.8 with respect to the periods during which such
Person was a Lender.

     

    
      
         

      

      
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    Section
3.                      LETTERS
OF CREDIT

     

    
      	
               
      

            	
              3.1

            	
              Issuance of Letters of
      Credit and Lenders’ Purchase of Participations
    Therein.

            

    

     

    A.           Letters of
Credit.  Company may request, in accordance with the provisions
of this subsection 3.1, from time to time during the period from the
Closing Date to but excluding the 10th day prior to the Revolving Loan
Commitment Termination Date, that one or more Revolving Lenders issue Letters of
Credit payable on a sight basis for the account of Company for the general
corporate purposes of Company or a Subsidiary of Company.  Subject to
the terms and conditions of this Agreement and in reliance upon the
representations and warranties of Company herein set forth, DB shall, and any
one or more Revolving Lenders may, but (except as provided in
subsection 3.1B(ii)) shall not be obligated to, issue such Letters of
Credit in accordance with the provisions of this subsection 3.1; provided that Company
shall not request that any Revolving Lender issue (and no Revolving Lender shall
issue):

     

    (i)    any Letter of
Credit if, after giving effect to such issuance, the Total Utilization of
Revolving Loan Commitments would exceed the Revolving Loan Commitment Amount
then in effect;

     

    (ii)   any Letter of
Credit if, after giving effect to such issuance, the Letter of Credit Usage
would exceed $3,000,000;

     

    (iii)   any Standby Letter
of Credit having an expiration date later than the earlier of (a) ten days
prior to the Revolving Loan Commitment Termination Date and (b) the date
which is one year from the date of issuance of such Standby Letter of Credit;
provided that
the immediately preceding clause (b) shall not prevent any Issuing Lender
from agreeing that a Standby Letter of Credit will automatically be extended for
one or more successive periods not to exceed one year each unless such Issuing
Lender elects not to extend for any such additional period; and provided, further, that such
Issuing Lender shall elect not to extend such Standby Letter of Credit if it has
knowledge that an Event of Default has occurred and is continuing (and has not
been waived in accordance with subsection 10.6) at the time such Issuing
Lender must elect whether or not to allow such extension;

     

    
      
         

      

      
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    (iv)   any Standby Letter
of Credit issued for the purpose of supporting trade payables; or

     

    (v)   any Commercial
Letter of Credit having an expiration date (a) later than the earlier of
(1) the date which is 10 Business Days prior to the Revolving Loan Commitment
Termination Date and (2) the date which is 180 days from the date of
issuance of such Commercial Letter of Credit or (b) that is otherwise
unacceptable to the applicable Issuing Lender in its reasonable
discretion.

     

    B.           Mechanics of
Issuance.

     

    (i)    Request for
Issuance.  Whenever Company desires the issuance of a Letter of
Credit, it shall deliver to Administrative Agent a Request for Issuance no later
than 12:00 Noon (New York City time) at least three Business Days (in the case
of Standby Letters of Credit) or five Business Days (in the case of Commercial
Letters of Credit), or in each case such shorter period as may be agreed to by
the Issuing Lender in any particular instance, in advance of the proposed date
of issuance.  The Issuing Lender, in its reasonable discretion, may
require changes in the text of the proposed Letter of Credit or any documents
described in or attached to the Request for Issuance.  In furtherance
of the provisions of subsection 10.8, and not in limitation thereof, Company may
submit Requests for Issuance by telefacsimile and Administrative Agent and
Issuing Lenders may rely and act upon any such Request for Issuance without
receiving an original signed copy thereof.  No Letter of Credit shall
require payment against a conforming demand for payment to be made thereunder on
the same business day (under the laws of the jurisdiction in which the office of
the Issuing Lender to which such demand for payment is required to be presented
is located) on which such demand for payment is presented if such presentation
is made after 10:00 A.M. (in the time zone of such office of the Issuing Lender)
on such business day.

     

    Company
shall notify the applicable Issuing Lender (and Administrative Agent, if
Administrative Agent is not such Issuing Lender) prior to the issuance of any
Letter of Credit in the event that any of the matters to which Company is
required to certify in the applicable Request for Issuance is no longer true and
correct as of the proposed date of issuance of such Letter of Credit, and upon
the issuance of any Letter of Credit Company shall be deemed to have
re-certified, as of the date of such issuance, as to the matters to which
Company is required to certify in the applicable Request for
Issuance.

     

    (ii)    Determination of Issuing
Lender.  Upon receipt by Administrative Agent of a Request for
Issuance pursuant to subsection 3.1B(i) requesting the issuance of a Letter of
Credit, in the event Administrative Agent elects to issue such Letter of Credit,
Administrative Agent shall promptly so notify Company, and Administrative Agent
shall be the Issuing Lender with respect thereto.  In the event that
Administrative Agent, in its sole discretion, elects not to issue such Letter of
Credit, Administrative Agent shall promptly so notify Company, whereupon Company
may request any other Revolving Lender to issue such Letter of Credit by
delivering to such Revolving Lender a copy of the applicable Request for
Issuance.  Any Revolving Lender so requested to issue such Letter of
Credit shall promptly notify Company and Administrative Agent whether or not, in
its sole discretion, it has elected to issue such Letter of Credit, and any such
Revolving Lender that so elects to issue such Letter of Credit shall be the
Issuing Lender with respect thereto.  In the event that all other
Revolving Lenders shall have declined to issue such Letter of Credit,
notwithstanding the prior election of Administrative Agent not to issue such
Letter of Credit, Administrative Agent shall be obligated to issue such Letter
of Credit and shall be the Issuing Lender with respect thereto, notwithstanding
the fact that the Letter of Credit Usage with respect to such Letter of Credit
and with respect to all other Letters of Credit issued by Administrative Agent,
when aggregated with Administrative Agent’s outstanding Revolving Loans and
Swing Line Loans, may exceed the amount of Administrative Agent’s Revolving Loan
Commitment then in effect.

     

    
      
         

      

      
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    (iii)    Issuance of Letter of
Credit.  Upon satisfaction or waiver (in accordance with
subsection 10.6) of the conditions set forth in subsection 4.3, the Issuing
Lender shall issue the requested Letter of Credit in accordance with the Issuing
Lender’s standard operating procedures.

     

    (iv)    Notification to Revolving
Lenders.  Upon the issuance of or amendment to any Standby
Letter of Credit, the applicable Issuing Lender shall promptly notify
Administrative Agent and Company of such issuance or amendment in
writing.  Upon receipt of such notice (or, if Administrative Agent is
the Issuing Lender, together with such notice), Administrative Agent shall
notify each Revolving Lender in writing of such issuance or amendment and the
amount of such Revolving Lender’s respective participation in such Standby
Letter of Credit or amendment, and, if so requested by a Revolving Lender,
Administrative Agent shall provide such Lender with a copy of such Letter of
Credit or amendment.  In the case of Commercial Letters of Credit, in
the event that Issuing Lender is other than Administrative Agent, such Issuing
Lender will send by facsimile transmission to Administrative Agent, promptly
upon the first Business Day of each week, a report of its daily aggregate
maximum amount available for drawing under Commercial Letters of Credit for the
previous week.  Administrative Agent shall notify each Revolving
Lender in writing on a quarterly basis of the contents thereof.

     

    C.           Revolving Lenders’ Purchase of
Participations in Letters of Credit.  Immediately upon the
issuance of each Letter of Credit, each Revolving Lender shall be deemed to, and
hereby agrees to, have irrevocably purchased from the Issuing Lender a
participation in such Letter of Credit and any drawings honored thereunder in an
amount equal to such Revolving Lender’s Pro Rata Share of the maximum amount
that is or at any time may become available to be drawn thereunder

     

    
      	
               
      

            	
              3.2

            	
              Letter of Credit
      Fees.

            

    

     

    Company
agrees to pay the following amounts with respect to Letters of Credit issued
hereunder:

     

    (i)    with respect
to each Letter of Credit, (a) a fronting fee, payable directly to the
applicable Issuing Lender for its own account, equal to the greater of (X) $500
per annum and (Y) 0.125% per annum of the daily amount available to be
drawn under such Letter of Credit and (b) a letter of credit fee, payable
to Administrative Agent for the account of Issuing Lenders, equal to the
applicable Eurodollar Rate Margin for Revolving Loans plus, upon the
application of increased rates of interest pursuant to subsection 2.2E, 2% per
annum, multiplied by the daily amount available to be drawn under such Letter of
Credit, each such fronting fee or letter of credit fee to be payable in arrears
on and to (but excluding) the last Business Day of each of March, June,
September and December of each year and computed on the basis of a 360-day year
for the actual number of days elapsed; and

     

    (ii)    with respect
to the issuance, amendment or transfer of each Letter of Credit and each payment
of a drawing made thereunder (without duplication of the fees payable under
clause (i) above), documentary and processing charges payable directly to the
applicable Issuing Lender for its own account in accordance with such Issuing
Lender’s standard schedule for such charges in effect at the time of such
issuance, amendment, transfer or payment, as the case may be.

     

    For
purposes of calculating any fees payable under clause (i) of this subsection
3.2, (1) the daily amount available to be drawn under any Letter of Credit
shall be determined as of the close of business on any date of determination and
(2) any amount described in such clauses which is denominated in a currency
other than Dollars shall be valued based on the applicable Exchange Rate for
such currency as of the applicable date of determination (such date to be
determined at the discretion of Administration Agent and/or the applicable
Issuing Lender).  Promptly upon receipt by Administrative Agent of any
amount described in clause (i)(b) of this subsection 3.2, Administrative Agent
shall distribute to each Issuing Lender its Pro Rata Share of such
amount.

     

    
      
         

      

      
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              3.3

            	
              Drawings and
      Reimbursement of Amounts Paid Under Letters of
    Credit.

            

    

     

    A.           Responsibility of Issuing Lender with
Respect to Drawings.  In determining whether to honor any
drawing under any Letter of Credit by the beneficiary thereof, the Issuing
Lender shall be responsible only to examine the documents delivered under such
Letter of Credit with reasonable care so as to ascertain whether they appear on
their face to be in accordance with the terms and conditions of such Letter of
Credit.

     

    B.           Reimbursement by Company of Amounts
Paid Under Letters of Credit.  In the event an Issuing Lender
has determined to honor a drawing under a Letter of Credit issued by it, such
Issuing Lender shall immediately notify Company and Administrative Agent, and
Company shall reimburse such Issuing Lender on or before the Business Day
immediately following the receipt of such notice (the “Reimbursement Date”) in an
amount in Dollars (which amount, in the case of a payment under a Letter of
Credit which is denominated in a currency other than Dollars, shall be
calculated by reference to the applicable Exchange Rate thereof) or, at the
option of such Issuing Lender, in the case of a Letter of Credit denominated in
a currency other than Dollars, in such other currency and in same day funds
equal to the amount of such payment; provided that,
anything contained in this Agreement to the contrary notwithstanding,
(i) unless Company shall have notified Administrative Agent and such
Issuing Lender prior to 10:00 a.m. (New York City time) on the date such drawing
is honored that Company intends to reimburse such Issuing Lender for the amount
of such payment with funds other than the proceeds of Revolving Loans, Company
shall be deemed to have given a timely Notice of Borrowing to Administrative
Agent requesting Revolving Lenders to make Revolving Loans that are Base Rate
Loans on the Reimbursement Date in an amount in Dollars (which amount, in the
case of a payment under a Letter of Credit which is denominated in a currency
other than Dollars, shall be calculated by reference to the applicable Exchange
Rate thereof) equal to the amount of such payment and (ii) subject to
satisfaction or waiver of the conditions specified in subsection 4.2B,
Revolving Lenders shall, on the Reimbursement Date, make Revolving Loans that
are Base Rate Loans in the amount of such payment, the proceeds of which shall
be applied directly by Administrative Agent to reimburse such Issuing Lender for
the amount of such payment; and provided, further, that if for
any reason proceeds of Revolving Loans are not received by such Issuing Lender
on the Reimbursement Date in an amount equal to the amount of such payment,
Company shall reimburse such Issuing Lender, on demand, in an amount in same day
funds equal to the excess of the amount of such payment over the aggregate
amount of such Revolving Loans, if any, which are so
received.  Nothing in this subsection 3.3B shall be deemed to
relieve any Revolving Lender from its obligation to make Revolving Loans on the
terms and conditions set forth in this Agreement, and Company shall retain any
and all rights it may have against any Revolving Lender resulting from the
failure of such Revolving Lender to make such Revolving Loans under this
subsection 3.3B.

     

    C.           Payment by Lenders of Unreimbursed
Amounts Paid Under Letters of Credit.

     

    (i)    Payment by Revolving
Lenders.  In the event that Company shall fail for any reason
to reimburse any Issuing Lender as provided in subsection 3.3B in an amount
(calculated, in the case of a payment under a Letter of Credit denominated in a
currency other than Dollars, by reference to the applicable Exchange Rate
thereof) equal to the amount of any payment by such Issuing Lender under a
Letter of Credit issued by it, such Issuing Lender shall promptly notify
Administrative Agent, who shall notify each other Revolving Lender of the
unreimbursed amount of such honored drawing and of such other Revolving Lender’s
respective participation therein based on such Revolving Lender’s Pro Rata
Share.  Each Revolving Lender (other than such Issuing Lender) shall
make available to Administrative Agent an amount equal to its respective
participation, in Dollars and in same day funds, at the Funding and Payment
Account, not later than 12:00 Noon (New York City time) on the first Business
Day after the date notified by Administrative Agent, and Administrative Agent
shall make available to such Issuing Lender in Dollars in same day funds, at the
office of such Issuing Lender on such Business Day, the aggregate amount of the
participation payments so received by Administrative Agent.  In the
event that any Revolving Lender fails to make available to Administrative Agent
on such Business Day the amount of such Revolving Lender’s participation in such
Letter of Credit as provided in this subsection 3.3C, such Issuing Lender shall
be entitled to recover such amount on demand from such Revolving Lender together
with interest thereon at the Federal Funds Effective Rate.  Nothing in
this subsection 3.3C shall be deemed to prejudice the right of Administrative
Agent to recover, for the benefit of Revolving Lenders, from any Issuing Lender
any amounts made available to such Issuing Lender pursuant to this
subsection 3.3C in the event that it is determined by the final
non-appealable judgment of a court of competent jurisdiction that the payment
with respect to a Letter of Credit by such Issuing Lender in respect of which
such participation payments were made by Revolving Lenders constituted gross
negligence or willful misconduct on the part of such Issuing
Lender.

     

    
      
         

      

      
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    (ii)    Distribution to Lenders of
Reimbursements Received from Company.  In the event any Issuing
Lender shall have been reimbursed by other Revolving Lenders pursuant to
subsection 3.3C(i) for all or any portion of any payment by such Issuing Lender
under a Letter of Credit issued by it, and Administrative Agent or such Issuing
Lender thereafter receives any payments from Company in reimbursement of such
payment under the Letter of Credit, to the extent any such payment is received
by such Issuing Lender, it shall promptly distribute such payment to
Administrative Agent, and Administrative Agent shall distribute to each other
Revolving Lender that has paid all amounts payable by it under subsection
3.3C(i) with respect to such payment such Revolving Lender’s Pro Rata Share of
all payments subsequently received by Administrative Agent or by such Issuing
Lender from Company.  Any such distribution shall be made to a
Revolving Lender at the account specified in subsection 2.4C(iii).

     

    D.           Interest on Amounts Paid Under
Letters of Credit.

     

    (i)    Payment of Interest by
Company.  Company agrees to pay to Administrative Agent, with
respect to payments under any Letters of Credit issued by any Issuing Lender,
interest on the amount paid by such Issuing Lender in respect of each such
payment from the date a drawing is honored to but excluding the date such amount
is reimbursed by Company (including any such reimbursement out of the proceeds
of Revolving Loans pursuant to subsection 3.3B) at a rate equal to (a) for
the period from the date such drawing is honored to but excluding the
Reimbursement Date, the rate then in effect under this Agreement with respect to
Revolving Loans that are Base Rate Loans and (b) thereafter, a rate which
is 2% per annum in excess of the rate of interest otherwise payable under this
Agreement with respect to Revolving Loans that are Base Rate
Loans.  Interest payable pursuant to this subsection 3.3D(i) shall be
computed on the basis of a 360-day year for the actual number of days elapsed in
the period during which it accrues and shall be payable on demand or, if no
demand is made, on the date on which the related drawing under a Letter of
Credit is reimbursed in full.

     

    (ii)    Distribution of Interest
Payments by Administrative Agent.  Promptly upon receipt by
Administrative Agent of any payment of interest pursuant to subsection 3.3D(i)
with respect to a payment under a Letter of Credit, (a) Administrative
Agent shall distribute to (x) each Revolving Lender (including the
Revolving Lender that paid such drawing), out of the interest received by
Administrative Agent in respect of the period from the date such drawing is
honored to but excluding the date on which the applicable Issuing Lender is
reimbursed for the amount of such payment (including any such reimbursement out
of the proceeds of Revolving Loans pursuant to subsection 3.3B), the amount that
such Revolving Lender would have been entitled to receive in respect of the
letter of credit fee that would have been payable in respect of such Letter of
Credit for such period pursuant to subsection 3.2 if no drawing had been honored
under such Letter of Credit and (y) such Issuing Lender the amount, if any,
remaining after payment of the amounts applied pursuant to the immediately
preceding clause (x), and (b) in the event such Issuing Lender shall have
been reimbursed by other Revolving Lenders pursuant to subsection 3.3C(i) for
all or any portion of such payment, Administrative Agent shall distribute to
each Revolving Lender (including such Issuing Lender) that has paid all amounts
payable by it under subsection 3.3C(i) with respect to such payment such
Revolving Lender’s Pro Rata Share of any interest received by Administrative
Agent in respect of that portion of such payment so made by Revolving Lenders
for the period from the date on which such Issuing Lender was so reimbursed to
but excluding the date on which such portion of such payment is reimbursed by
Company.  Any such distribution shall be made to a Revolving Lender at
the account specified in subsection 2.4C(iii).

     

    
      
         

      

      
        -58-

        
          

        

      

      
         

      

    

    E.           Cash
Collateralization.  If Administrative Agent notifies Company at
any time that the Letter of Credit Usage at such time exceeds 100% of the
sublimit for Letters of Credit specified in subsection 3.1A(ii), then,
within five Business Days after receipt of such notice, Company shall deposit in
the Collateral Account established pursuant to the Security Agreement an amount
equal to the amount by which the Letter of Credit Usage exceeds such sublimit,
which amount shall constitute Collateral and be subject to the provisions of the
Security Agreement.  At such time as the Letter of Credit Usage shall
be equal to or less than such sublimit, if no Event of Default has occurred and
is continuing, such amount may, at the request of Company, be released to
Company.

     

    
      	
               
      

            	
              3.4

            	
              Obligations
      Absolute.

            

    

     

    The
obligation of Company to reimburse each Issuing Lender for payments under the
Letters of Credit issued by it and to repay any Revolving Loans made by
Revolving Lenders pursuant to subsection 3.3B and the obligations of
Revolving Lenders under subsection 3.3C(i) shall be unconditional and
irrevocable and shall be paid strictly in accordance with the terms of this
Agreement under all circumstances, including any of the following
circumstances:

     

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

     

    (ii)    the existence
of any claim, set-off, defense or other right which Company or any Lender may
have at any time against a beneficiary or any transferee of any Letter of Credit
(or any Persons for whom any such transferee may be acting), any Issuing Lender
or other Revolving Lender or any other Person or, in the case of a Revolving
Lender, against Company, whether in connection with this Agreement, the
transactions contemplated herein or any unrelated transaction (including any
underlying transaction between Company or one of its Subsidiaries and the
beneficiary for which any Letter of Credit was procured);

     

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

     

    (iv)   payment by the
applicable Issuing Lender under any Letter of Credit against presentation of a
draft or other document which does not substantially comply with the terms of
such Letter of Credit;

     

    
      
         

      

      
        -59-

        
          

        

      

      
         

      

    

    (v)    any adverse
change in the business, operations, properties, assets, condition (financial or
otherwise) or prospects of Company or any of its Subsidiaries;

     

    (vi)    any breach of
this Agreement or any other Loan Document by any party thereto;

     

    (vii)   any other
circumstance or happening whatsoever, whether or not similar to any of the
foregoing; or

     

    (viii)   the fact that an
Event of Default or a Potential Event of Default shall have occurred and be
continuing;

     

    provided, in each
case, that payment by the applicable Issuing Lender under the applicable Letter
of Credit shall not have constituted gross negligence or willful misconduct of
such Issuing Lender under the circumstances in question (as determined by a
final non-appealable judgment of a court of competent
jurisdiction).

     

    
      	
               
      

            	
              3.5

            	
              Nature of Issuing
      Lenders’ Duties.

            

    

     

    As
between Company and any Issuing Lender, Company assumes all risks of the acts
and omissions of, or misuse of the Letters of Credit issued by such Issuing
Lender by, the respective beneficiaries of such Letters of Credit.  In
furtherance and not in limitation of the foregoing, such Issuing Lender shall
not be responsible for:  (i) the form, validity, sufficiency,
accuracy, genuineness or legal effect of any document submitted by any party in
connection with the application for and issuance of any such Letter of Credit,
even if it should in fact prove to be in any or all respects invalid,
insufficient, inaccurate, fraudulent or forged; (ii) the validity or
sufficiency of any instrument transferring or assigning or purporting to
transfer or assign any such Letter of Credit or the rights or benefits
thereunder or proceeds thereof, in whole or in part, which may prove to be
invalid or ineffective for any reason; (iii) failure of the beneficiary of
any such Letter of Credit to comply fully with any conditions required in order
to draw upon such Letter of Credit; (iv) errors, omissions, interruptions
or delays in transmission or delivery of any messages, by mail, cable,
telegraph, telex or otherwise, whether or not they be in cipher; (v) errors
in interpretation of technical terms; (vi) any loss or delay in the
transmission or otherwise of any document required in order to make a drawing
under any such Letter of Credit or of the proceeds thereof; (vii) the
misapplication by the beneficiary of any such Letter of Credit of the proceeds
of any drawing under such Letter of Credit; or (viii) any consequences
arising from causes beyond the control of such Issuing Lender, including any act
or omission by a Government Authority, and none of the above shall affect or
impair, or prevent the vesting of, any of such Issuing Lender’s rights or powers
hereunder.

     

    In
furtherance and extension and not in limitation of the specific provisions set
forth in the first paragraph of this subsection 3.5, any action taken or
omitted by any Issuing Lender under or in connection with the Letters of Credit
issued by it or any documents and certificates delivered thereunder, if taken or
omitted in good faith, shall not put such Issuing Lender under any resulting
liability to Company.

     

    Notwithstanding
anything to the contrary contained in this subsection 3.5, Company shall
retain any and all rights it may have against any Issuing Lender for any
liability arising solely out of the gross negligence or willful misconduct of
such Issuing Lender, as determined by a final non-appealable judgment of a court
of competent jurisdiction.

     

    
      
         

      

      
        -60-

        
          

        

      

      
         

      

    

    Section
4.    
CONDITIONS TO LOANS AND LETTERS OF CREDIT

     

    The
obligations of Lenders to make Loans and the issuance of Letters of Credit
hereunder are subject to the satisfaction or waiver of the following
conditions.

     

    
      	
               
      

            	
              4.1

            	
              Conditions to the
      Initial Credit Extensions.

            

    

     

    The
obligations of Lenders to make the Term Loans on the Closing Date are, in
addition to the conditions precedent specified in subsection 4.2, subject
to prior or concurrent satisfaction or waiver of the following
conditions:

     

    A.           Loan Party
Documents.  On or before the Closing Date, Company shall, and
shall cause each other Loan Party to, deliver to Administrative Agent the
following with respect to Company or such Loan Party, as the case may be, each,
unless otherwise noted, dated the Closing Date:

     

    (i)    Copies of the
Organizational Documents of such Person, certified by the Secretary of State of
its jurisdiction of organization or, if such document is of a type that may not
be so certified, certified by the secretary or similar Officer of the applicable
Loan Party, together with a good standing certificate from the Secretary of
State of its jurisdiction of organization, dated a recent date prior to the
Closing Date;

     

    (ii)    Resolutions
of the Governing Body of such Person approving and authorizing the execution,
delivery and performance of the Loan Documents to which it is a party, certified
as of the Closing Date by the secretary or similar officer of such Person as
being in full force and effect without modification or amendment;

     

    (iii)   Signature and incumbency
certificates of the Officers of such Person executing the Loan Documents to
which it is a party; and

     

    (iv)   Executed Loan
Documents to which such Person is to be a party on the Closing
Date.

     

    B.           Fees.  Company shall
have paid to Administrative Agent the fees payable on the Closing Date referred
to in subsection 2.3.

     

    C.           Performance of
Agreements.  Company shall have delivered to Administrative
Agent an Officer’s Certificate, in form and substance reasonably satisfactory to
Administrative Agent, to the effect that Company shall have performed in all
material respects all agreements and satisfied all conditions which this
Agreement provides shall be performed or satisfied by it on or before the
Closing Date.

     

    D.           Financial Statements;
Projections.  Each Arranger and the Lenders shall have received
(1) unaudited consolidated balance sheets and related statements of income and
cash flows of Target and its Subsidiaries (which (x) need not include any
information or notes not required by GAAP to be included in interim financial
statements and (y) are subject to normal year-end adjustments) for each Fiscal
Quarter of Target ended after December 31, 2006 and at least 45 days prior to
the Closing Date; (2) interim consolidated balance sheets and related
statements of income and cash flows of Target for each month ended after any
Fiscal Quarter ended after December 31, 2006 for which unaudited financial
statements are required to be delivered pursuant to clause (1) above and at
least 30 days prior to the Closing Date; (3) pro forma consolidated balance
sheets and related statements of income of Holdings and its Subsidiaries
(including Target) for the Fiscal Year ended 2006 and for any quarters ended
thereafter for which unaudited financial statements are required to be delivered
pursuant to clause (1) above, in each case prepared as if the transactions
contemplated by this Agreement had been consummated on the last day of the
respective period (in the case of balance sheets) or on the first day of the
respective period (in the case of income statements) covered thereby; and (4)
detailed projected consolidated financial statements of Holdings and its
Subsidiaries for the eight Fiscal Years ended after the Closing Date, which
projections shall (x) reflect the forecasted consolidated financial condition of
Holdings and its Subsidiaries (and, applicable, of Company and its
Subsidiaries), after giving effect to the transactions contemplated by this
Agreement and the related financing thereof and (y) be prepared and approved by
Target.

     

    
      
         

      

      
        -61-

        
          

        

      

      
         

      

    

    E.           Opinions of Counsel to Loan
Parties.  Lenders shall have received copies of one or more
written opinions of Goodwin Procter LLP, counsel for the domestic Loan Parties,
dated as of the Closing Date and setting forth substantially the matters in the
opinions designated in Exhibit IX
annexed hereto (this Agreement constituting a written request by Company to such
counsel to deliver such opinions to Lenders) and one or more written opinions of
foreign counsel in the jurisdictions set forth on Schedule 4.1 in form
reasonably satisfactory to Administrative Agent.

     

    F.           Solvency
Certificates.  On the Closing Date, Administrative Agent and
Lenders shall have received an Officer’s Certificate from the chief financial
officer of Company dated the Closing Date, substantially in the form of Exhibit XI
annexed hereto.

     

    G.           Evidence of
Insurance.  Administrative Agent shall have received a
certificate from Company’s insurance broker or other evidence reasonably
satisfactory to it of Company’s insurance.

     

    H.           Equity Contributions and
Commitments.  Holdings shall have received directly or
indirectly from the Investors the full amount of the Equity
Contributions.  The preferred stock certificate of designations
substantially in the form of Exhibit XV annexed
hereto shall be in full force and effect and shall not have been amended or
otherwise modified.

     

    I.           Security Interests in Personal and
Mixed Property.  Company shall have caused the following
actions to be taken:

     

    (i)     Stock Certificates and
Instruments.  Delivery to Collateral Agent of
(a) certificates, if any (which certificates shall be accompanied by
irrevocable undated stock powers, duly endorsed in blank), representing all
certificated Capital Stock pledged pursuant to the Security Agreement and, to
the extent required to be delivered thereunder, any Foreign Pledge Agreement and
(b) all promissory notes or other instruments (duly endorsed, where
appropriate) evidencing any Collateral and required to be delivered under the
Security Agreement;

     

    (ii)    Lien Searches and UCC
Termination Statements.  Delivery to Administrative Agent of
(a) the results of UCC financing statements and fixture filings and
judgment and tax lien filings required by Administrative Agent and (b) duly
completed UCC termination statements requested by Administrative
Agent;

     

    (iii)   UCC Financing
Statements.  Delivery to Administrative Agent of duly completed
UCC financing statements in appropriate form with respect to each Loan
Party;

     

    
      
         

      

      
        -62-

        
          

        

      

      
         

      

    

    (iv)    Intellectual Property
Filings, etc.  Delivery to Administrative Agent of all
documents or instruments to be filed with any IP Filing Office requested by
Administrative Agent in order to create or perfect Liens in respect of any IP
Collateral, together with releases duly executed (if necessary) of security
interests by all applicable Persons for filing in all applicable jurisdictions
as may be requested by Administrative Agent in order to terminate any effective
filings in any IP Filing Office in respect of any IP Collateral;
and

     

    (v)    Security Agreement
Documents.  Delivery to Administrative Agent of all other
documents required to be delivered pursuant to the Security
Agreement.

     

    J.           Matters Relating to Existing
Indebtedness of Company and Its Subsidiaries.  On the Closing
Date substantially concurrent with the borrowing of the initial Term Loans
hereunder, Holdings, Company and its Subsidiaries shall have (a) repaid in full
all Existing Indebtedness to Be Repaid, (b) terminated any commitments to lend
or make other extensions of credit thereunder and (c) delivered to
Administrative Agent all documents or instruments reasonably requested by
Administrative Agent in order to release all Liens securing Indebtedness or
other obligations of Company and its Subsidiaries thereunder.  The
terms and conditions of any Indebtedness remaining outstanding after the Closing
Date shall be reasonably satisfactory to Administrative Agent.

     

    K.           Related Agreements and Merger
Documents.  Administrative Agent shall have received (or there
shall be arrangements satisfactory for Administrative Agent to receive) a fully
executed or conformed copy of each Related Agreement and each Merger Document
and any documents executed in connection therewith requested by Administrative
Agent, and each Related Agreement and Merger Document shall be in full force and
effect and no provision thereof shall have been altered, amended or otherwise
changed or supplemented or any condition therein waived or consent therein given
if such alteration, amendment, change, supplement, waiver or consent would be
adverse to the interests of the Lenders in any material respect, in any such
case without the prior written consent of Administrative Agent (such consent not
to be unreasonably withheld).

     

    L.           Consummation
of Acquisition and Merger.

     

    (i)    Since
December 31, 2006, there shall have not occurred any event, condition or
circumstance that, either individually or in the aggregate, has had, or would
reasonably be expected to have, a Merger MAC;

     

    (ii)   On the Closing
Date, the Merger shall have become effective in accordance with the terms of the
Merger Agreement, the Certificate of Merger and the laws of the State of
Delaware; and

     

    (iii)   Administrative
Agent shall have received an Officer’s Certificate of Company to the effect set
forth in clauses (i) and (ii) above.

     

    M.           Second Lien Credit Agreement and
Intercreditor Agreement.  Concurrently with the initial
borrowings hereunder, the Second Lien Credit Agreement and the Intercreditor
Agreement shall be fully executed and delivered, and not less than $65,000,000
shall be borrowed under the Second Lien Credit Agreement, to be applied, along
with the proceeds of the Loans hereunder and the Holdings Senior PIK
Indebtedness, to fund the Acquisition Financing Requirements.

     

    
      
         

      

      
        -63-

        
          

        

      

      
         

      

    

    N.           Holdings Senior PIK Loan Credit
Agreement.  Concurrently with the initial borrowings hereunder,
the Holdings Senior PIK Loan Credit Agreement shall be fully executed and
delivered, and not less than $75,000,000 shall be borrowed under the Holdings
Senior PIK Credit Agreement in cash, to be applied, along with the proceeds of
the Loans hereunder and the Second Lien Indebtedness, to fund the Acquisition
Financing Requirements.

     

    O.           Patriot Act
Compliance.  Administrative Agent and the Lenders shall have
received all documentation and other information reasonably requested by them
under the applicable “know your customer” and anti-money laundering rules and
regulations, including the Patriot Act.

     

    P.           Margin
Regulations.  All extensions of credit pursuant to this
Agreement (and all guaranties thereof and security therefor), as well as the
other transactions contemplated by this Agreement and the consummation thereof,
shall be in compliance with all applicable requirements of law, including
Regulations T, U and X of the Federal Reserve Board.

     

    Q.           Ratings.  Company
shall have used commercially reasonably efforts to obtain from each of S&P
and Moody’s monitored public ratings (of any level) for the Loans and the Second
Lien Indebtedness and the Holdings Senior PIK Indebtedness and Company’s and
Holdings’ corporate credit.

     

    
      	
               
      

            	
              4.2

            	
              Conditions to All
      Loans.

            

    

     

    The
obligation of each Lender to make its Loans on each Funding Date is subject to
the following further conditions precedent:

     

    A.           Administrative
Agent shall have received before that Funding Date, in accordance with the
provisions of subsection 2.1B, a duly executed Notice of Borrowing, in each case
signed by a duly authorized Officer of Company.

     

    B.           As
of that Funding Date:

     

    (i)    if the
Funding Date is the Funding Date of the initial Loans, (a) the Specified
Representations shall be true and correct in all material respects (except that
any representation and warranty that is qualified as to “materiality” or
“Material Adverse Effect” shall be true and correct in all respects) on and as
of that Funding Date to the same extent as though made on and as of that date,
except to the extent such representations and warranties specifically relate to
an earlier date, in which case such representations and warranties shall have
been true and correct in all material respects (except that any representation
and warranty that is qualified as to “materiality” or “Material Adverse Effect”
shall be true and correct in all respects) on and as of such earlier date and
(b) the representations made by or with respect to the Target in the Merger
Agreement that are material to the interests of the Lenders are true and correct
in all material respects (except that any representation and warranty that is
qualified as to “materiality” or “Company Material Adverse Effect” shall be true
and correct in all respects) as of the date of the Merger Agreement (except to
the extent such representations and warranties speak as of an earlier date, in
which case such representations and warranties shall have been true and correct
in all material respects (except that any representation and warranty that is
qualified as to “materiality” or “Company Material Adverse Effect” shall be true
and correct in all respects) on and as of such earlier date) and as of the
Closing Date, as though made on and as of the Closing Date;

     

    (ii)    if the
Funding Date is the Funding Date of Loans other than the initial Loans, the
representations and warranties contained herein and in the other Loan Documents
shall be true and correct in all material respects (except that any
representation and warranty that is qualified as to “materiality” or “Material
Adverse Effect” shall be true and correct in all respects) on and as of that
Funding Date to the same extent as though made on and as of that date, except to
the extent such representations and warranties specifically relate to an earlier
date, in which case such representations and warranties shall have been true and
correct in all material respects (except that any representation and warranty
that is qualified as to “materiality” or “Material Adverse Effect” shall be true
and correct in all respects) on and as of such earlier date; and

     

    
      
         

      

      
        -64-

        
          

        

      

      
         

      

    

    (iii)                  no
event shall have occurred and be continuing or would result from the
consummation of the borrowing contemplated by such Notice of Borrowing that
would constitute an Event of Default or a Potential Event of
Default.

     

    
      	
               
      

            	
              4.3

            	
              Conditions to Letters
      of Credit.

            

    

     

    The
issuance of any Letter of Credit hereunder (whether or not the applicable
Issuing Lender is obligated to issue such Letter of Credit) is subject to the
following conditions precedent:

     

    A.           On
or before the date of issuance of the initial Letter of Credit pursuant to this
Agreement, the initial Loans shall have been made and the conditions to the
initial Loans set forth in subsection 4.1 shall have been satisfied or
waived.

     

    B.           On
or before the date of issuance of such Letter of Credit, Administrative Agent
shall have received, in accordance with the provisions of
subsection 3.1B(i), an originally executed Request for Issuance (or a
facsimile copy thereof) in each case signed by a duly authorized Officer of
Company, together with all other information specified in
subsection 3.1B(i) and such other documents or information as the
applicable Issuing Lender may reasonably require in connection with the issuance
of such Letter of Credit.

     

    C.           On
the date of issuance of such Letter of Credit, all conditions precedent
described in subsection 4.2B shall be satisfied to the same extent as if
the issuance of such Letter of Credit were the making of a Loan and the date of
issuance of such Letter of Credit were a Funding Date.

     

    Section
5.     REPRESENTATIONS AND
WARRANTIES

     

    In order
to induce Lenders to enter into this Agreement and to make the Loans, to induce
Issuing Lenders to issue Letters of Credit and to induce Revolving Lenders to
purchase participations therein, each of Holdings and Company represent and
warrant to each Lender:

     

    
      	
               
      

            	
              5.1

            	
              Organization, Powers,
      Corporate Structure, Qualification, Good Standing, Business and
      Subsidiaries.

            

    

     

    A.           Organization, Powers and Corporate
Structure.  (i) Each of Company and Holdings is a corporation
duly organized, validly existing and in good standing under the laws of the
State of Delaware.  Company and Holdings have all requisite power and
authority to own and operate their respective properties and to carry on their
business as now conducted and as proposed to be conducted, except to the extent
the failure to do so could not reasonably be expected to result in a Material
Adverse Effect.  Company and Holdings have all requisite corporate
power and authority to enter into the Loan Documents and the Related Agreements
to which they are a party and to carry out the transactions contemplated
thereby.  (ii) As of the Closing Date, the corporate organizational
structure of Holdings, Company and their Subsidiaries after giving effect to the
Merger is set forth on Schedule
5.1.

     

    
      
         

      

      
        -65-

        
          

        

      

      
         

      

    

    B.           Qualification and Good
Standing.  Holdings and Company are qualified to do business
and in good standing in every jurisdiction wherever necessary to carry out their
business and operations, except in jurisdictions where the failure to be so
qualified or in good standing has not had and could not reasonably be expected
to result in a Material Adverse Effect.

     

    C.           Conduct of
Business.  Holdings, Company and their Subsidiaries are engaged
only in the businesses permitted to be engaged in pursuant to
subsection 7.9.

     

    D.           Subsidiaries.  All
of the Subsidiaries of Company and their jurisdictions of organization are
identified in Schedule 5.1
annexed hereto, as said Schedule 5.1 may be
supplemented from time to time pursuant to the provisions of
subsection 6.1(xii).  The Capital Stock of each of the
Subsidiaries of Company identified in Schedule 5.1
annexed hereto (as so supplemented) is duly authorized, validly issued and does
not constitute Margin Stock.  No material assessment with respect to
any Capital Stock owned by any Loan Party is outstanding that has not been
disclosed to Administrative Agent.  Each of the Subsidiaries of
Company identified in Schedule 5.1
annexed hereto (as so supplemented) is a corporation, partnership, trust or
limited liability company duly organized, validly existing and in good standing
under the laws of its respective jurisdiction of organization set forth therein,
has all requisite power and authority to own and operate its properties and to
carry on its business as now conducted and as proposed to be conducted, and is
qualified to do business and in good standing in every jurisdiction where its
assets are located and wherever necessary to carry out its business and
operations, in each case except where failure to be so qualified or in good
standing or a lack of such power and authority has not had and could not
reasonably be expected to result in a Material Adverse Effect.  Schedule 5.1
annexed hereto (as so supplemented) correctly sets forth the ownership interest
of Company and each of its Subsidiaries in each of the Subsidiaries of Company
identified therein.

     

    
      	
               
      

            	
              5.2

            	
              Authorization of
      Borrowing, Etc.

            

    

     

    A.           Authorization of
Borrowing.  The execution, delivery and performance of the Loan
Documents and the Related Agreements have been duly authorized by all necessary
corporate, partnership or limited liability action on the part of each Loan
Party that is a party thereto.

     

    B.           No Conflict.  The
execution, delivery and performance by Loan Parties of the Loan Documents and
the Related Agreements to which they are parties and the consummation of the
transactions contemplated by the Loan Documents and the Related Agreements do
not and will not (i) violate any provision of any law or any governmental
rule or regulation applicable to Holdings or any of its Subsidiaries, any
Contractual Obligations or the Organizational Documents of Holdings or any of
its Subsidiaries or any order, judgment or decree of any court or other
Government Authority binding on Holdings or any of its Subsidiaries,
(ii) conflict with, result in a breach of or constitute (with due notice or
lapse of time or both) a default under any Contractual Obligation of Holdings or
any of its Subsidiaries, (iii) result in or require the creation or
imposition of any Lien upon any of the properties or assets of Holdings or any
of its Subsidiaries (other than any Liens created under any of the Loan
Documents in favor of Collateral Agent on behalf of Secured Parties and Liens
created pursuant to the Second Lien Credit Agreement securing Second Lien
Indebtedness), or (iv) require any approval of stockholders or any approval
or consent of any Person under any Contractual Obligation of Holdings or any of
its Subsidiaries, except for such approvals or consents which will be obtained
on or before the Closing Date and except, in the case of clauses (i) through
(iv), to the extent such violation, conflict, Lien or failure to obtain such
approval or consent could not reasonably be expected to result in a Material
Adverse Effect.

     

    C.           Governmental
Consents.  The execution, delivery and performance by Loan
Parties of the Loan Documents and the Related Agreements to which they are
parties and the consummation of the transactions contemplated by the Loan
Documents and the Related Agreements do not and will not require any
Governmental Authorization, except as have been obtained or where the failure to
obtain could not reasonably be expected to result in a Material Adverse
Effect.

     

    
      
         

      

      
        -66-

        
          

        

      

      
         

      

    

    D.           Binding
Obligation.  Each of the Loan Documents and the Related
Agreements has been duly executed and delivered by each Loan Party that is a
party thereto and is the legally valid and binding obligation of such Person,
enforceable against such Person in accordance with its respective terms, except
as may be limited by bankruptcy, insolvency, reorganization, moratorium or
similar laws relating to or limiting creditors’ rights generally or by equitable
principles relating to enforceability.

     

    
      	
               
      

            	
              5.3

            	
              Financial
      Condition.

            

    

     

    Company
has heretofore delivered to Lenders, at Lenders’ request, (i) the unaudited
consolidated balance sheet of Company and its Subsidiaries for the Fiscal Year
ended 2006 and the related unaudited consolidated statements of income,
stockholders’ equity and cash flows of Company and its Subsidiaries for such
Fiscal Year, (ii) the unaudited consolidated balance sheet of Company and its
Subsidiaries for the Fiscal Quarters ended March 31, June 30, September 30 and
December 31, 2006, and the related unaudited consolidated statements of
income, stockholders’ equity and cash flows of Company and its Subsidiaries for
each such Fiscal Quarter, and (iii) the other financial statements and
information described in subsection 4.1D.  All such statements
consisting of historical financial information were prepared in conformity with
GAAP and fairly present, in all material respects, the financial position (on a
consolidated basis) of the entities described in such financial statements as at
the respective dates thereof and the results of operations and cash flows (on a
consolidated basis) of the entities described therein for each of the periods
then ended, subject, in the case of any such unaudited financial statements, to
changes resulting from audit and normal year-end adjustments.  Except
as described on Schedule 5.3, as of
the Closing Date, Company and its Subsidiaries have no material liabilities or
monetary obligations which are not described on the latest of such historical
financial statements.

     

    
      	
               
      

            	
              5.4

            	
              No Material Adverse
      Change.

            

    

     

    Since the
later of December 31, 2006 and the last day of the most recent Fiscal Year for
which financial statements have been delivered pursuant to subsection 6.1(iii),
no event or change has occurred that has resulted in or would reasonably be
expected to result in either in any case or in the aggregate, a Material Adverse
Effect.

     

    
      	
               
      

            	
              5.5

            	
              Title to Properties;
      Liens; Real Property; Intellectual
  Property.

            

    

     

    A.           Title to Properties;
Liens.  Holdings and its Subsidiaries (i) have good,
sufficient and legal title to (in the case of fee interests in real property),
(ii) have valid leasehold interests in (in the case of leasehold interests
in real or personal property), or (iii) own or have rights in (in the case
of all other personal property), all of their respective material properties and
assets, except for Permitted Encumbrances or other defects therein which do not
have a Material Adverse Effect.  Except as permitted by this
Agreement, all such properties and assets useful in business are free and clear
of Liens other than Permitted Encumbrances.

     

    B.           Real Property.  As
of the Closing Date, Schedule 5.5B annexed
hereto contains a true, accurate and complete list of (i) all fee interests
in any Real Property Assets and (ii) all leases, subleases or assignments
of leases (together with all amendments, modifications, supplements, renewals or
extensions of any thereof) affecting each Real Property Asset, regardless of
whether a Loan Party is the landlord or tenant (whether directly or as an
assignee or successor in interest) under such lease, sublease or
assignment.  Except as specified in Schedule 5.5B
annexed hereto as of the Closing Date, each agreement listed in clause (ii) of
the immediately preceding sentence is in full force and effect and neither
Holdings nor Company has knowledge of any monetary or material non-monetary
default that has occurred and is continuing thereunder, and each such agreement
constitutes the legally valid and binding obligation of each applicable Loan
Party, enforceable against such Loan Party in accordance with its terms, except
as enforcement may be limited by bankruptcy, insolvency, reorganization,
moratorium or similar laws relating to or limiting creditors’ rights generally
or by equitable principles.

     

    
      
         

      

      
        -67-

        
          

        

      

      
         

      

    

    C.           Intellectual
Property.  As of the Closing Date, Holdings and its
Subsidiaries own or have the right to use all Intellectual Property used in the
conduct of their business as currently conducted, except where the failure to
own or have such right to use in the aggregate could not reasonably be expected
to result in a Material Adverse Effect.  No claim has been asserted in
writing and is pending by any Person against Holdings or any of its Subsidiaries
challenging or questioning the use of any such Intellectual Property or the
validity of any such Intellectual Property, except for such claims that in the
aggregate could not reasonably be expected to result in a Material Adverse
Effect.  To the knowledge of Holdings or Company, the use of such
Intellectual Property by Holdings and its Subsidiaries does not infringe on the
rights of any Person, except for such infringements that, in the aggregate,
could not reasonably be expected to result in a Material Adverse
Effect

     

    
      	
               
      

            	
              5.6

            	
              Litigation; Adverse
      Facts.

            

    

     

    There are
no Proceedings (whether or not purportedly on behalf of Holdings or any of its
Subsidiaries) at law or in equity, or before or by any court or other Government
Authority (including any Environmental Claims) that are pending or, to the
knowledge of Holdings or Company, threatened against or affecting Holdings or
any of its Subsidiaries or, to the knowledge of Holdings or Company, any
property of Holdings or any of its Subsidiaries and that, individually or in the
aggregate, could reasonably be expected to result in a Material Adverse
Effect.  Neither Holdings nor any of its Subsidiaries (i) is in
violation of any applicable laws (including Environmental Laws) that,
individually or in the aggregate, could reasonably be expected to result in a
Material Adverse Effect, or (ii) is subject to or in default with respect
to any final judgments, writs, injunctions, decrees, rules or regulations of any
court or other Government Authority that, individually or in the aggregate,
could reasonably be expected to result in a Material Adverse
Effect.

     

    
      	
               
      

            	
              5.7

            	
              Payment of
      Taxes.

            

    

     

    A.           Except
as specified in Schedule 5.7A annexed
hereto, as of the Closing Date (i) all Tax returns of Holdings and its
Subsidiaries required to be filed by any of them have been timely filed, and all
Taxes shown on such Tax returns to be due and payable and all other Taxes that
are due and payable by Holdings and its Subsidiaries have been timely paid, and
Holdings and its Subsidiaries have made adequate provisions in accordance with
GAAP for taxes not yet due and payable, except for those failures to do any of
the foregoing which could not reasonably be expected, individually or in the
aggregate, to have a Material Adverse Effect; (ii) there are no proposed Tax
assessments against Holdings or any of its Subsidiaries that could reasonably be
expected, individually or in the aggregate, to have a Material Adverse Effect;
and (iii) Holdings and its Subsidiaries have complied with all their withholding
Tax obligations, except for those failures to do so which could not reasonably
be expected, individually or in the aggregate, to have a Material Adverse
Effect.

     

    B.           Neither
Holdings nor any of its Subsidiaries has ever been a party to any understanding
or arrangement constituting a “tax shelter” within the meaning of Section
6662(d)(2)(C)(iii) of the Internal Revenue Code or within the meaning of Section
6111(c) or Section 6111(d) of the Internal Revenue Code as in effect immediately
prior to the enactment of the American Jobs Creation Act of 2004, or has ever
“participated” in a “reportable transaction” within the meaning of Treasury
Regulation Section 1.6011-4, except as could not reasonably be expected,
individually or in the aggregate, to have a Material Adverse
Effect.

     

    
      
         

      

      
        -68-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              5.8

            	
              Governmental
      Regulation.

            

    

     

    Neither
Holdings nor any of its Subsidiaries is subject to regulation under the
Investment Company Act of 1940 or under any other federal or state statute or
regulation which may render all or any portion of the Obligations
unenforceable.

     

    
      	
               
      

            	
              5.9

            	
              Securities
      Activities.

            

    

     

    Neither
Holdings nor any of its Subsidiaries is engaged principally, or as one of its
important activities, in the business of extending credit for the purpose of
purchasing or carrying any Margin Stock.

     

    
      	
               
      

            	
              5.10

            	
              Employee Benefit
      Plans.

            

    

     

    A.           Holdings,
each of its Subsidiaries and each of their respective ERISA Affiliates are in
compliance with all applicable provisions and requirements of ERISA and the
regulations and published interpretations thereunder with respect to each
Employee Benefit Plan, and have performed all their obligations under each
Employee Benefit Plan, except in each case for failures which could not
reasonably be expected to result in a Material Adverse Effect.  Each
Employee Benefit Plan that is intended to qualify under Section 401(a) of the
Internal Revenue Code has received a determination letter from the Internal
Revenue Service that the plan is so qualified, and to Holdings’ and Company’s
knowledge the plan has not been operated in any way that would result in the
plan no longer being so qualified, except in each case where failures could not
reasonably be expected to result in a Material Adverse Effect.

     

    B.           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.

     

    C.           The
accumulated postretirement benefit obligation of health and welfare benefits for
retired and former employees of Holdings, its Subsidiaries and any of their
ERISA Affiliates, as defined by Statement of Financial Accounting Standards 106,
could not reasonably be expected to result in a Material Adverse
Effect.

     

    D.           As
of the most recent valuation date for any Pension Plan, the amount of unfunded
benefit liabilities (as defined in Section 4001(a)(18) of ERISA), individually
or in the aggregate for all Pension Plans (excluding for purposes of such
computation any Pension Plans with respect to which assets exceed benefit
liabilities), could not reasonably be expected to result in a Material Adverse
Effect.

     

    E.           As
of the Closing Date neither Holdings, its Subsidiaries nor any of their ERISA
Affiliates contribute to, or within the past six years has been obligated to
contribute to, any Multiemployer Plan.  Neither Holdings, its
Subsidiaries nor any of their ERISA Affiliates has any potential liability for
withdrawal from a Multiemployer Plan within the meaning of Section 4203 of ERISA
that could reasonably be expected to result in a Material Adverse
Effect.

     

    F.           Except
as could not reasonably be expected to result in a Material Adverse Effect, as
of the date hereof, Holdings and its Subsidiaries have made full payment when
due of all required contributions to any Foreign Plan.

     

    
      
         

      

      
        -69-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              5.11

            	
              Certain
      Fees.

            

    

     

    No
broker’s or finder’s fee or commission will be payable with respect to this
Agreement or any of the transactions contemplated hereby.

     

    
      	
               
      

            	
              5.12

            	
              Environmental
      Compliance.

            

    

     

    (i)    Neither
Holdings nor any of its Subsidiaries nor any of their respective Facilities or
operations is subject to any outstanding written order, consent decree or
settlement agreement with any Person relating to (a) any Environmental Law,
(b) any Environmental Claim, or (c) any Hazardous Materials Activity
that, individually or in the aggregate, could reasonably be expected to result
in a Material Adverse Effect;

     

    (ii)    Neither
Holdings nor any of its Subsidiaries has received any letter or request for
information under Section 104 of the Comprehensive Environmental Response,
Compensation, and Liability Act (42 U.S.C. § 9604) or any comparable state
law that could reasonably be expected to result in a Material Adverse
Effect;

     

    (iii)   There are and, to
Holdings’ or Company’s knowledge, have been no conditions, occurrences, or
Hazardous Materials Activities that could reasonably be expected to form the
basis of an Environmental Claim against Holdings or any of its Subsidiaries
that, individually or in the aggregate, could reasonably be expected to result
in a Material Adverse Effect;

     

    (iv)   Neither Holdings
nor any of its Subsidiaries nor, to Holdings’ or Company’s knowledge, any
predecessor of Holdings or any of its Subsidiaries has filed any notice under
any Environmental Law indicating material Hazardous Materials treatment activity
at any Facility that would reasonably be expected to result in a Material
Adverse Effect; and

     

    (v)    Compliance
with all current Environmental Laws would not, individually or in the aggregate,
be reasonably expected to result in a Material Adverse Effect.

     

    
      	
               
      

            	
              5.13

            	
              Employee
      Matters.

            

    

     

    There is
no strike or work stoppage in existence or, to the knowledge of Holdings or
Company, threatened involving Holdings or any of its Subsidiaries that could
reasonably be expected to result in a Material Adverse Effect.

     

    
      	
               
      

            	
              5.14

            	
              Solvency.

            

    

     

    Holdings
and its Subsidiaries on a consolidated basis are and, upon the incurrence of any
Obligations by any Loan Party on any date on which this representation is made,
will be, Solvent.

     

    
      	
               
      

            	
              5.15

            	
              Matters Relating to
      Collateral.

            

    

     

    A.           Governmental
Authorizations.  No authorization, approval or other action by,
and no notice to or filing with, any Government Authority is required for either
(i) the pledge or grant by any Loan Party of the Liens purported to be
created in favor of Collateral Agent for the benefit of the Secured Parties
pursuant to any of the Collateral Documents or (ii) the exercise by
Collateral Agent of any rights or remedies in respect of any Collateral (whether
specifically granted or created pursuant to any of the Collateral Documents or
created or provided for by applicable law), except for filings or recordings
contemplated by the Collateral Documents, as may be required, in connection with
the disposition of any Collateral, by laws generally affecting the offering and
sale of securities and foreclosure of mortgages of real property and the
realization of rights to and remedies under security interests.

     

    
      
         

      

      
        -70-

        
          

        

      

      
         

      

    

    B.           Margin
Regulations.  The pledge of the Collateral pursuant to the
Collateral Documents does not violate Regulation T, U or X of the Board of
Governors of the Federal Reserve System.

     

    C.           Mortgages.  Each
Mortgage, if any, is effective to create, in favor of Collateral Agent, for its
benefit and the benefit of the Secured Parties, legal, valid and enforceable
First Priority Liens on, and security interests in, all of the Loan Parties’
right, title and interest in and to the Mortgaged Properties thereunder and the
proceeds thereof and such Mortgage constitutes a fully perfected First Priority
Lien on, and First Priority security interest in, all right, title and interest
of the Loan Parties in such Mortgaged Property and the proceeds
thereof.

     

    
      	
               
      

            	
              5.16

            	
              Disclosure.

            

    

     

    No
representation or warranty made by Holdings or any of its Subsidiaries in the
Confidential Information Memorandum, in any Loan Document or in any other
document, certificate or written statement furnished to Lenders by Holdings or
any of it Subsidiaries, or on behalf of Holdings or any of its Subsidiaries by
any of their agents, for use in connection with the transactions contemplated by
this Agreement, when taken as a whole, and excluding any projected financial
information or general industry data, contains any untrue statement of a
material fact or omits to state a material fact (known to Holdings or any of its
Subsidiaries, in the case of any document not furnished by it) necessary in
order to make the statements contained herein or therein not misleading in light
of the circumstances in which the same were made.  Any projections and
pro forma financial information contained in such materials are based upon good
faith estimates and assumptions believed by Company to be reasonable at the time
made, it being recognized by Lenders that such projections as to future events
are not to be viewed as facts and that actual results during the period or
periods covered by any such projections may differ from the projected
results.

     

    
      	
               
      

            	
              5.17

            	
              Related
      Agreements.

            

    

     

    A.           Delivery.  Company
has delivered to Administrative Agent complete and correct copies of the Second
Lien Credit Agreement and the Holdings Senior PIK Loan Credit Agreement, all
exhibits and schedules thereto as of the date hereof, and all “Loan Documents”
as defined therein.

     

    B.           Representations and
Warranties.  Except to the extent otherwise expressly set forth
herein or in the schedules hereto, and subject to the qualifications set forth
therein, each of the representations and warranties given by any Loan Party in
the Second Lien Credit Agreement or the Holdings Senior PIK Loan Credit
Agreement is true and correct in all material respects as of the Closing Date
(or as of any earlier date to which such representation and warranty
specifically relates).

     

    
      	
               
      

            	
              5.18

            	
              Insurance.

            

    

     

    Schedule 5.18
sets forth a true, complete and correct description of all insurance maintained
by Holdings and its Subsidiaries as of the Closing Date.  All
insurance maintained by Holdings and its Subsidiaries is in full force and
effect, all premiums have been duly paid, neither Holdings nor any of its
Subsidiaries has received notice of violation or cancellation thereof, the
Premises, and the use, occupancy and operation thereof, comply in all material
respects with all Insurance Requirements, and there exists no material default
under any Insurance Requirement.  Each of Holdings and its
Subsidiaries has insurance in such amounts and covering such risks and
liabilities as are customary for companies of a similar size engaged in similar
businesses in similar locations.

     

    
      
         

      

      
        -71-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              5.19

            	
              Use of
      Proceeds.

            

    

     

    A.           Term Loans.  The
proceeds of the Term Loans shall be applied by Company to fund in part the
Acquisition Financing Requirements.

     

    B.           Revolving Loans; Swing Line
Loans.  No Revolving Loans will be available to Company on the
Closing Date to fund the Acquisition Financing Requirements.  After
the Closing Date, the proceeds of any Revolving Loans and any Swing Line Loans
shall be applied by Company for working capital, Permitted Acquisitions, capital
expenditures and other general corporate purposes, which may include the making
of intercompany loans to any of Company’s Wholly Owned Subsidiaries, in
accordance with subsection 7.1(iii), for their own general corporate
purposes.

     

    Section
6.    COMPANY’S AFFIRMATIVE
COVENANTS

     

    Holdings
and Company covenant and agree that, so long as any of the Commitments hereunder
shall remain in effect and until payment in full of all of the Loans and other
Obligations (other than Unasserted Obligations) and the cancellation or
expiration of all Letters of Credit, unless Requisite Lenders shall otherwise
give prior written consent, Holdings and Company shall perform, and shall cause
each of their Subsidiaries to perform, all covenants in this
Section 6.

     

    
      	
               
      

            	
              6.1

            	
              Financial Statements
      and Other Reports.

            

    

     

    Holdings
will maintain, and will cause its Subsidiaries to maintain, a system of
accounting established and administered in accordance with sound business
practices to permit preparation of financial statements in conformity with
GAAP.  Company will deliver (which delivery, subject to subsection
10.8, may be made electronically) to Administrative Agent (which Administrative
Agent shall promptly distribute to the Lenders):

     

    (i)    Events of Default,
etc.:  promptly upon any Officer of Company obtaining knowledge
(a) of any condition or event that constitutes an Event of Default or
Potential Event of Default, or becoming aware that any Lender has given any
notice (other than to Administrative Agent) or taken any other action with
respect to a claimed Event of Default or Potential Event of Default,
(b) that any Person has given any notice to Holdings or any of its
Subsidiaries or taken any other action with respect to a claimed default or
event or condition of the type referred to in subsection 8.2, or
(c) of the occurrence of any event or change that has caused or evidences,
either in any case or in the aggregate, a Material Adverse Effect, an Officer’s
Certificate specifying the nature and period of existence of such condition,
event or change, or specifying the notice given or action taken by any such
Person and the nature of such claimed Event of Default, Potential Event of
Default, default, event or condition, and what action Company has taken, is
taking and proposes to take with respect thereto;

     

    (ii)    Quarterly
Financials:  as soon as available and in any event within 45
days after the end of each of the first three Fiscal Quarters, (a) the
consolidated balance sheet of Holdings and its Subsidiaries as at the end of
such Fiscal Quarter and the related consolidated statements of income,
stockholders’ equity and cash flows of Holdings and its Subsidiaries for such
Fiscal Quarter and for the period from the beginning of the then current Fiscal
Year to the end of such Fiscal Quarter, setting forth in each case in
comparative form the corresponding figures for the corresponding periods of the
previous Fiscal Year and the corresponding figures from the Financial Plan for
the current Fiscal Year, all in reasonable detail and certified by the chief
financial officer of Company that they fairly present, in all material respects,
the financial condition of Holdings and its Subsidiaries as at the dates
indicated and the results of their operations and their cash flows for the
periods indicated, subject to changes resulting from audit and normal year-end
adjustments, and (b) a written analysis or narrative report describing the
operations of Holdings and its Subsidiaries in form reasonably satisfactory to
Administrative Agent and for the period from the beginning of the then current
Fiscal Year to the end of such Fiscal Quarter;

     

    
      
         

      

      
        -72-

        
          

        

      

      
         

      

    

    (iii)    Year-End
Financials:  as soon as available but in any event no later
than 105 days after the end of such Fiscal Year, (a) the consolidated
balance sheet of Holdings and its Subsidiaries as at the end of such Fiscal Year
and the related consolidated statements of income, stockholders’ equity and cash
flows of Holdings and its Subsidiaries for such Fiscal Year, setting forth in
each case in comparative form the corresponding figures for the previous Fiscal
Year and the corresponding figures from the Financial Plan for the Fiscal Year
covered by such financial statements, all in reasonable detail and certified by
the chief financial officer of Company that they fairly present, in all material
respects, the financial condition of Holdings and its Subsidiaries as at the
dates indicated and the results of their operations and their cash flows for the
periods indicated, (b) a written analysis or narrative report describing
the operations of Holdings and its Subsidiaries in form reasonably satisfactory
to Administrative Agent, and (c) in the case of such consolidated financial
statements, a report thereon of PricewaterhouseCoopers LLP or other independent
certified public accountants of recognized national standing selected by
Holdings, which report shall be unqualified, shall express no doubts,
assumptions or qualifications concerning the ability of Holdings and its
Subsidiaries to continue as a going concern, and shall state that such
consolidated financial statements fairly present, in all material respects, the
consolidated financial position of Holdings and its Subsidiaries as at the dates
indicated and the results of their operations and their cash flows for the
periods indicated in conformity with GAAP applied on a basis consistent with
prior years (except as otherwise disclosed in such financial statements) and
that the examination by such accountants in connection with such consolidated
financial statements has been made in accordance with generally accepted
auditing standards;

     

    (iv)    Pricing and Compliance
Certificates:  together with each delivery of financial
statements pursuant to subdivisions (ii) and (iii) above, (a) an
Officer’s Certificate of Company stating that the signers have reviewed the
terms of this Agreement and have made, or caused to be made under their
supervision, a review in reasonable detail of the transactions and condition of
Holdings and its Subsidiaries during the accounting period covered by such
financial statements and that such review has not disclosed the existence during
or at the end of such accounting period, and that the signers do not have
knowledge of the existence as at the date of such Officer’s Certificate, of any
condition or event that constitutes an Event of Default or Potential Event of
Default, or, if any such condition or event existed or exists, specifying the
nature and period of existence thereof and what action Company has taken, is
taking and proposes to take with respect thereto; and (b) a Compliance
Certificate demonstrating in reasonable detail compliance during and at the end
of the applicable accounting periods with the restrictions contained in
Section 7; in addition, on or before the 45th day following the end of each
Fiscal Quarter, a Pricing Certificate demonstrating in reasonable detail the
calculation of the Consolidated Leverage Ratio as of the end of the four-Fiscal
Quarter period then ended;

     

    (v)    Accountants’
Certification:  together with each delivery of consolidated
financial statements pursuant to subdivision (iii) above, a written
statement by the independent certified public accountants giving the report
thereon (a) stating that their audit examination has included a review of
the terms of this Agreement and the other Loan Documents as they relate to
accounting matters, (b) stating whether, in connection with their audit
examination, any condition or event that constitutes an Event of Default or
Potential Event of Default under subsections 7.5 or 7.7, insofar as such Event
of Default or Potential Event of Default relates to accounting matters, has come
to their attention and, if such a condition or event has come to their
attention, specifying the nature and period of existence thereof; provided that such
accountants shall not be liable by reason of any failure to obtain knowledge of
any such Event of Default or Potential Event of Default that would not be
disclosed in the normal course of their audit examination and such statements
may be limited to the extent required by accounting rules or guidelines, and
(c) stating that based on their audit examination nothing has come to their
attention that causes them to believe either or both that the information
contained in the certificates delivered therewith pursuant to subdivision
(iv) above is not correct or that the matters set forth in the Compliance
Certificates delivered therewith pursuant to clause (b) of subdivision
(iv) above for the applicable Fiscal Year are not stated in accordance with
the terms of this Agreement;

     

    
      
         

      

      
        -73-

        
          

        

      

      
         

      

    

    (vi)    Accountants’
Reports:  promptly upon receipt thereof (unless restricted by
applicable professional standards), copies of all final reports submitted to
Holdings or its Subsidiaries by independent certified public accountants in
connection with each material, interim or special audit of the financial
statements of Holdings and its Subsidiaries made by such accountants, including
any final comment letter submitted by such accountants to management in
connection with their annual audit;

     

    (vii)    SEC Filings and Press
Releases:  At any time after consummation of an IPO, promptly
upon their becoming available, copies of (a) all financial statements,
reports, notices and proxy statements sent or made available generally by
Holdings to its security holders or by any Subsidiary of Holdings to its
security holders other than Holdings or another Subsidiary of Holdings,
(b) all regular and periodic reports and all registration statements (other
than on Form S-8 or a similar form) and prospectuses, if any, filed by Holdings
or any of its Subsidiaries with any securities exchange or with the Securities
and Exchange Commission or any governmental or private regulatory authority, and
(c) all press releases and other statements made available generally by
Holdings or any of its Subsidiaries to the public concerning material
developments in the business of Holdings or any of its
Subsidiaries;

     

    (viii)    Litigation or Other
Proceedings:  promptly upon any Officer of Company obtaining
knowledge of (1) the institution of, or written threat of, any Proceeding
against or affecting Holdings or any of its Subsidiaries or any property of
Holdings or any of its Subsidiaries not previously disclosed in writing by
Holdings to Lenders or (2) any material development in any Proceeding that, in
any case:

     

    (x)    if adversely
determined, has a reasonable possibility after giving effect to the coverage and
policy limits of insurance policies issued to Holdings and its Subsidiaries of
giving rise to a Material Adverse Effect; or

     

    (y)           seeks
to enjoin or otherwise prevent the consummation of, or to recover any damages or
obtain relief as a result of, the Acquisition, the making of the Loans
hereunder, under the Second Lien Credit Agreement or the Holdings Senior PIK
Credit Agreement, or the transactions contemplated hereby or
thereby;

     

    written
notice thereof together with such other information as may be reasonably
available to Company to enable Lenders and their counsel to evaluate such
matters;

     

    (ix)      ERISA
Events:  Promptly upon (and in no case later than five Business
Days after becoming aware of) the occurrence of or forthcoming occurrence of any
ERISA Event that, alone, or together with any other ERISA Events, could
reasonably be expected to result in a Material Adverse Effect, a written notice
specifying the nature thereof, what action Company, any of its Subsidiaries or
any of their respective ERISA Affiliates has taken, is taking or proposes to
take with respect thereto and, when known, any action taken or threatened by the
Internal Revenue Service, the Department of Labor or the PBGC with respect
thereto;

     

    
      
         

      

      
        -74-

        
          

        

      

      
         

      

    

    (x)    ERISA
Notices:  with reasonable promptness, copies of such documents
or governmental reports or filings relating to any Employee Benefit Plan as
Administrative Agent shall reasonably request;

     

    (xi)    Financial
Plans:  as soon as practicable and in any event no later than
45 days after the beginning of each Fiscal Year, a consolidated plan and
financial forecast for such Fiscal Year (the “Financial Plan” for such
Fiscal Year), including (a) a forecasted consolidated balance sheet and
forecasted consolidated statements of income and cash flows of Holdings and its
Subsidiaries for such Fiscal Year and (b) forecasted consolidated statements of
income and cash flows of Holdings and its Subsidiaries for each Fiscal Quarter
of such Fiscal Year, together with an explanation of the assumptions on which
such forecasts are based;

     

    (xii)    New
Subsidiaries:  promptly upon any Person becoming a Subsidiary
of Company, a written notice setting forth with respect to such Person
(a) the date on which such Person became a Subsidiary of Company and
(b) all of the data required to be set forth in Schedule 5.1 annexed
hereto with respect to all Subsidiaries of Company (it being understood that
such written notice shall be deemed to supplement Schedule 5.1 annexed
hereto for all purposes of this Agreement);

     

    (xiii)    Related
Agreements:  promptly upon execution and delivery thereof,
copies of any material amendment, restatement, supplement or other modification
to or waiver of the Second Lien Credit Agreement or collateral documents related
thereto or the Holdings Senior PIK Credit Agreement, in each case entered into
after the date hereof;

     

    (xiv)    Patriot Act, etc.:
with reasonable promptness, information to confirm compliance with the
representations contained in subsection 5.16  reasonably requested by
Administrative Agent;

     

    (xv)     Other
Information:  with reasonable promptness, such other
information and data with respect to Company or any of its Subsidiaries as from
time to time may be reasonably requested by Administrative Agent;
and

     

    (xvi)    Net Asset Sale Proceeds and
Net Insurance/Condemnation Proceeds:  at the time of delivery
of the financial statements referred to in clauses (ii) and (iii) above, a brief
description of any event giving rise to the receipt of Net Asset Sale Proceeds
or Net Insurance/Condemnation Proceeds by Company, Holdings or their
Subsidiaries and a statement describing the general proposed application of such
proceeds.

     

    
      	
               
      

            	
              6.2

            	
              Existence,
      Etc.

            

    

     

    Except as
permitted under subsection 7.6, Holdings will, and will cause each of its
Subsidiaries to, at all times preserve and keep in full force and effect its
existence in the jurisdiction of organization specified on Schedule 5.1 and all
rights and franchises to its business; provided, however, that neither
Company, Holdings nor any of their Subsidiaries shall be required to preserve
any such right or franchise where the failure to do so could not reasonably be
expected to have a Material Adverse Effect.

     

    
      	
               
      

            	
              6.3

            	
              Payment of Taxes and
      Claims; Tax.

            

    

     

    Except to
the extent failure to do so could not reasonably be expected, individually or in
the aggregate, to have a Material Adverse Effect, Company and Holdings will, and
will cause each of their Subsidiaries to, (a) timely pay all Taxes that
have become due and payable; provided that no such
Tax need be paid if it is being contested in good faith, so long as
(i) such reserve or other appropriate provision, if any, as shall be
required in conformity with GAAP shall have been made therefor and (ii) in
the case of such a Tax which has or may become a Lien against any of the
Collateral, such proceedings conclusively operate to stay the sale of any
portion of the Collateral to satisfy such charge or claim, and (b) timely
file all of its Tax returns.

     

    
      
         

      

      
        -75-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              6.4

            	
              Maintenance of
      Properties; Insurance; Application of Net Insurance/Condemnation
      Proceeds.

            

    

     

    A.           Maintenance of
Properties.  Except to the extent failure to do so could not
reasonably be expected, individually or in the aggregate, to have a Material
Adverse Effect, Company and Holdings will, and will cause each of their
Subsidiaries to, maintain or cause to be maintained in good repair, working
order and condition, ordinary wear and tear and casualty or condemnation events
excepted, all properties used or useful in the business of Company, Holdings and
their Subsidiaries and from time to time will make or cause to be made all
appropriate repairs, renewals and replacements thereof in the ordinary course of
business.  Except to the extent failure to do so could not reasonably
be expected, individually or in the aggregate, to have a Material Adverse
Effect, Company and Holdings will, and will cause each of their Subsidiaries to,
maintain the registrations and applications for registrations of the
Intellectual Property owned by Company, Holdings or their
Subsidiaries.

     

    B.           Insurance.  Company
and Holdings will maintain or cause to be maintained, with financially sound and
reputable insurers, such business interruption, public liability insurance,
third party property damage insurance and casualty insurance with respect to
liabilities, losses or damage in respect of the assets, properties and
businesses of Company, Holdings and their Subsidiaries as may customarily be
carried or maintained under similar circumstances by corporations of established
reputation engaged in similar businesses, in each case in such amounts (giving
effect to self-insurance), with such deductibles, covering such risks and
otherwise on such terms and conditions as shall be customary for corporations
similarly situated in the industry and taking into account, with respect to Real
Property Assets, whether such assets are owned or leased.  Without
limiting the generality of the foregoing, Company and Holdings will maintain or
cause to be maintained (i) flood insurance with respect to each Flood
Hazard Property that is located in a community that participates in the National
Flood Insurance Program, in each case in compliance with any applicable
regulations of the Board of Governors of the Federal Reserve System, and
(ii) replacement value casualty insurance on the Collateral under such
policies of insurance, with such insurance companies, in such amounts, with such
deductibles, and covering such risks as shall be customary for corporations
similarly situated in the industry.  Each such policy of insurance
shall (a) name Collateral Agent for the benefit of Secured Parties as an
additional insured thereunder as its interests may appear and (b) in the
case of each business interruption and casualty insurance policy, contain a loss
payable clause or endorsement, reasonably satisfactory in form and substance to
Collateral Agent, that names Collateral Agent for the benefit of Secured Parties
as the loss payee thereunder for any covered loss and provides for at least 30
days’ prior written notice to Collateral Agent of any modification or
cancellation of such policy.  In connection with the renewal of each
such policy of insurance, Company promptly shall deliver to Collateral Agent a
certificate from Company’s insurance broker or other evidence satisfactory to
Collateral Agent that Collateral Agent on behalf of Secured Parties has been
named as additional insured and/or loss payee thereunder.

     

    C.           Application of Net
Insurance/Condemnation Proceeds.  Upon receipt by Holdings or
any of its Subsidiaries or by Collateral Agent as loss payee of any Net
Insurance/Condemnation
Proceeds:

     

    (i)    so long as no
Event of Default shall have occurred and be continuing, Collateral Agent, if it
received such Net Insurance/Condemnation Proceeds, shall deliver them to
Company, and Company or Holdings shall, or shall cause one or more of their
Subsidiaries to, apply any such Net Insurance/Condemnation Proceeds to reinvest
in assets in accordance with subsection 2.4B, and to the extent not so applied
within the time periods set forth in subsection 2.4B, if such Net
Insurance/Condemnation Proceeds not so applied exceed $1,500,000, to prepay the
Loans as provided in subsection 2.4B; and

     

    
      
         

      

      
        -76-

        
          

        

      

      
         

      

    

    (ii)    if at any
time an Event of Default shall have occurred and be continuing, Collateral
Agent, if it holds such Net Insurance/Condemnation Proceeds, is hereby
authorized by Company to, and Company or Holdings, if it or one of their
Subsidiaries holds such Net Insurance/Condemnation Proceeds, shall, apply such
Net Insurance/Condemnation Proceeds to prepay the Loans as provided in
subsection 2.4B and subsection 2.4D.

     

    
      	
               
      

            	
              6.5

            	
              Inspection Rights;
      Lender Meeting.

            

    

     

    A.           Inspection
Rights.  Company and Holdings shall, and shall cause each of
their Subsidiaries to, permit any authorized representatives designated by any
Secured Party (on a coordinated basis) to visit and inspect any of the
properties of Company, Holdings or of any of their Subsidiaries, to inspect,
copy and take extracts from its and their financial and accounting records, and
to discuss its and their affairs, finances and accounts with its and their
officers and independent public accountants (provided that Company
may, if it so chooses, be present at or participate in any such discussion), all
upon reasonable notice and at such reasonable times during normal business hours
up to one time per year or at any time or from time to time following the
occurrence and during the continuation of an Event of Default.

     

    B.           Lender
Meeting.  Company will, upon the request of Administrative
Agent or Requisite Lenders, participate in a meeting of Administrative Agent and
Lenders once during each Fiscal Year by conference call at such time as may be
agreed to by Company and Administrative Agent (it being understood that,
notwithstanding anything to the contrary contained in this Agreement, Company
shall not be required to reimburse any Lender for its cost of attending any such
meeting).

     

    
      	
               
      

            	
              6.6

            	
              Compliance with Laws,
      Etc.

            

    

     

    Company
and Holdings shall comply, and shall cause each of their Subsidiaries to comply,
with the requirements of all applicable laws, rules, regulations and orders of
any Government Authority (including all Environmental Laws), noncompliance with
which could reasonably be expected to result in, individually or in the
aggregate, a Material Adverse Effect.

     

    
      	
               
      

            	
              6.7

            	
              Environmental
      Matters.

            

    

     

    A.           Environmental
Disclosure.  Company will deliver to Administrative Agent and
Lenders:

     

    (i)    Environmental Audits and
Reports.  As soon as practicable following receipt thereof,
copies of all final environmental audits, investigations, analyses and reports
of any kind or character, whether prepared by personnel of Holdings or any of
its Subsidiaries or by independent consultants, Government Authorities or any
other Persons, with respect to significant environmental matters at any Facility
that, individually or in the aggregate, could reasonably be expected to result
in a Material Adverse Effect or with respect to any Environmental Claims that,
individually or in the aggregate, could reasonably be expected to result in a
Material Adverse Effect.

     

    (ii)    Notice of Certain Releases,
Remedial Actions, Etc.  Promptly upon the occurrence thereof,
written notice describing in reasonable detail (a) any material Release
required to be reported to any Government Authority under any applicable
Environmental Laws, (b) any remedial action taken by Company or any other
Person in response to (1) any Hazardous Materials Activities the existence
of which could reasonably be expected to result in one or more Environmental
Claims having, individually or in the aggregate, a Material Adverse Effect, or
(2) any Environmental Claims that, individually or in the aggregate, could
reasonably be expected to result in a Material Adverse Effect, and (c) the
discovery by Holdings or any of its Subsidiaries of any occurrence or condition
on any real property adjoining or in the vicinity of any Facility that could
cause such Facility or any part thereof to be subject to any material
restrictions on the ownership, occupancy, transferability or use thereof under
any Environmental Laws.

     

    
      
         

      

      
        -77-

        
          

        

      

      
         

      

    

    (iii)    Written Communications
Regarding Environmental Claims, Releases, Etc.  As soon as
practicable following the sending or receipt thereof by Holdings or any of its
Subsidiaries, a copy of any and all written communications with respect to
(a) any Environmental Claims that, individually or in the aggregate, could
reasonably be expected to result in a Material Adverse Effect, and (b) any
material Release required to be reported to any Government
Authority.

     

    (iv)    Notice of Certain Proposed
Actions Having Environmental Impact.  Prompt written notice
describing in reasonable detail (a) any proposed acquisition of stock,
assets, or property by Holdings or any of its Subsidiaries that could reasonably
be expected to (1) cause Holdings or any of its Subsidiaries to incur an
Environmental Claim that would reasonably be expected to result in, individually
or in the aggregate, a Material Adverse Effect or (2) cause Holdings or any of
its Subsidiaries to be unable to maintain in full force and effect all material
Governmental Authorizations required under any Environmental Laws for their
respective operations and (b) any proposed action to be taken by Holdings
or any of its Subsidiaries to commence manufacturing or other industrial
operations or to modify current operations in a manner that could reasonably be
expected to subject Holdings or any of its Subsidiaries to any additional
obligations or requirements under any Environmental Laws that could reasonably
be expected to result in, individually or in the aggregate, a Material Adverse
Effect.

     

    B.           Company’s
Actions Regarding Hazardous Materials Activities, Environmental Claims and
Violations of Environmental Laws.

     

    (i)    Remedial
Actions Relating to Hazardous Materials Activities.  Company and
Holdings shall, in compliance with all applicable Environmental Laws, promptly
undertake, and shall cause each of their Subsidiaries promptly to undertake, any
and all investigations, studies, sampling, testing, abatement, cleanup, removal,
remediation or other response actions necessary to remove, remediate, clean up
or abate any Hazardous Materials Activity on, under or about any Facility that
is in violation of any Environmental Laws which violation could reasonably be
expected to have a Material Adverse Effect or that presents a risk arising from
an Environmental Claim that could reasonably be expected to result in a Material
Adverse Effect, provided, however, that Company
shall not be precluded from contesting in good faith any such alleged violation
of Environmental Law or Environmental Claim.

     

    (ii)    Actions with
Respect to Environmental Claims and Violations of Environmental
Laws.  Company and Holdings shall promptly take, and shall cause each
of their Subsidiaries promptly to take, any and all actions necessary to
(i) cure any material violation of applicable Environmental Laws by
Holdings or its Subsidiaries and (ii) make an appropriate response to any
Environmental Claim against Holdings or any of its Subsidiaries and discharge
any obligations it may have to any Person thereunder where failure to do so
could reasonably be expected to result in, individually or in the aggregate, a
Material Adverse Effect, provided, however, that Company
shall not be precluded from contesting in good faith any such alleged violation
of Environmental Law or Environmental Claim.

     

    
      
         

      

      
        -78-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              6.8

            	
              Execution of Guaranty
      and Personal Property Collateral Documents After the Closing
      Date.

            

    

     

    A.           Execution of Guaranty and Personal
Property Collateral Documents.  In the event that any Person
becomes a Wholly Owned Subsidiary (other than any Foreign Subsidiary) of Company
after the date hereof, Company will promptly (and, in any event, within 30 days)
notify Administrative Agent of that fact and cause such Subsidiary to execute
and deliver to Administrative Agent a counterpart of the Guaranty and Security
Agreement and promptly thereafter (and, in any event, within 45 days unless
Administrative Agent shall have consented to a longer period in its sole
discretion) take all actions to perfect Collateral Agent’s security interest in
all assets of such Person pledged under the Security Agreement to the extent
required thereby.  In addition, as provided in the Security Agreement,
Company shall, or shall cause each Guarantor that owns the Capital Stock of such
Person to, execute and deliver to Administrative Agent a supplement to the
Security Agreement and to deliver to Collateral Agent all certificates
representing such Capital Stock of such Person (accompanied by irrevocable
undated stock powers, duly endorsed in blank) and pledged debt
instruments.

     

    B.           Foreign
Subsidiaries.  Notwithstanding the provisions of subsection
6.8A, no Capital Stock of (i) a Foreign Subsidiary that is a “controlled
foreign corporation” within the meaning of Section 957(a) of the Internal
Revenue Code (a “CFC”)
or (ii) a Domestic or Foreign Subsidiary which stock is owned directly or
indirectly by a CFC shall be required to be pledged pursuant to the provisions
of any Security Document; provided that Capital
Stock of a CFC which stock is not owned directly or indirectly by another CFC
may be pledged as long as the aggregate amount of such CFC’s Capital Stock so
pledged does not exceed (a) voting Capital Stock possessing 65% of the
aggregate voting power of all of such CFC’s Capital Stock and (b) 100% of
such CFC’s non-voting Capital Stock.

     

    C.           Subsidiary Organizational Documents,
Legal Opinions, Etc.  At the time a Wholly-Owned Subsidiary of
Company (other than a Foreign Subsidiary) becomes a Material Subsidiary, Company
shall deliver to Administrative Agent (i) certified copies of such
Subsidiary’s Organizational Documents, together with, if such Subsidiary is a
Domestic Subsidiary, a good standing certificate from the Secretary of State of
the jurisdiction of its organization, each to be dated a recent date prior to
their delivery to Administrative Agent, (ii) a certificate executed by the
secretary or similar officer of such Subsidiary as to (a) the fact that the
attached resolutions of the Governing Body of such Subsidiary approving and
authorizing the execution, delivery and performance of such Loan Documents are
in full force and effect and have not been modified or amended and (b) the
incumbency and signatures of the officers of such Subsidiary executing such Loan
Documents, and (iii) if requested by Administrative Agent, a favorable
opinion of counsel to such Subsidiary, in form and substance reasonably
satisfactory to Administrative Agent and its counsel, as to (a) valid
existence and good standing of such Subsidiary, (b) the due authorization,
execution and delivery by such Subsidiary of such Loan Documents, (c) the
enforceability of such Loan Documents against such Subsidiary and (d) such
other matters (including matters relating to the creation and perfection of
Liens in any Collateral pursuant to such Loan Documents) as Administrative Agent
may reasonably request, all of the foregoing to be reasonably satisfactory in
form and substance to Administrative Agent and its counsel.

     

    
      	
               
      

            	
              6.9

            	
              Matters Relating to
      Additional Real Property
Collateral.

            

    

     

    A.           Mortgages,
Etc.  From and after the Closing Date, in the event that
(i) Company or any Guarantor acquires any fee ownership interest in real
property, together with any Improvements thereon with a value in excess of
$3,500,000 or
(ii) at the time any Person becomes a Guarantor, such Person owns or holds
any fee ownership interest in real property with a value in excess of
$3,500,000, in the case of clause (ii) above excluding any such Real
Property Asset the encumbering of which requires the consent of any
then-existing senior lienholder, where Company and its Subsidiaries have
attempted in good faith, but are unable, to obtain such senior lienholder’s
consent (any such non-excluded Real Property Asset described in the foregoing
clause (i) or (ii) being a “Mortgaged Property” and all
such non-excluded Real Property Assets, collectively, the “Mortgaged Properties”),
Company or such Guarantor shall deliver to Administrative Agent, as soon as
practicable after such Person acquires such Mortgaged Property or becomes a
Guarantor (and, in any event, within 30 days of the acquisition thereof and such
Person becoming a Guarantor), as the case may be, a fully executed and notarized
Mortgage (a “Mortgage”),
in proper form for recording in all appropriate offices in all applicable
jurisdictions, encumbering the ownership interest of such Loan Party in such
Mortgaged Property; and Administrative Agent shall have received from Company or
such applicable Guarantor:

     

    
      
         

      

      
        -79-

        
          

        

      

      
         

      

    

    (i)    Opinions of Local
Counsel.  If requested by Agent, an opinion of counsel (which
counsel shall be reasonably satisfactory to Administrative Agent) in each state
in which a Mortgaged Property is located with respect to the enforceability of
the form(s) of Mortgages to be recorded in such state and such other matters as
Administrative Agent may reasonably request, in each case in form and substance
reasonably satisfactory to Administrative Agent;

     

    (ii)     Consents,
Etc.  With respect to each Mortgaged Property, such consents,
approvals, amendments, supplements, estoppels, tenant subordination agreements
or other instruments as shall reasonably be deemed necessary by Administrative
Agent in order for the owner or holder of the fee ownership interest
constituting such Mortgaged Property to grant the Lien contemplated by the
Mortgage with respect to such Mortgaged Property;

     

    (iii)    Title
Insurance.  If requested by Agent, with respect to each
Mortgage, a policy of title insurance (or marked-up title insurance commitment
having the effect of a policy of title insurance) insuring the Lien of such
Mortgage as a valid First Priority mortgage Lien on the Mortgaged Property and
fixtures described therein in the amount equal to not less than 110% of the fair
market value of such Mortgaged Property and fixtures, which policy (or such
marked-up commitment) (each, a “Title Policy”) shall
(A) be issued by the Title Company, (B) contain a “tie-in” or
“cluster” endorsement, if available under applicable law (i.e., policies which insure
against losses regardless of location or allocated value of the insured property
up to a stated maximum coverage amount), (C) have been supplemented by such
endorsements as shall be reasonably requested by Collateral Agent and available
in the jurisdiction in which the Mortgaged Property is located (including
endorsements on matters relating to usury, first loss, last dollar, zoning,
contiguity, revolving credit, doing business, non-imputation, public road
access, survey, variable rate, environmental lien, subdivision, mortgage
recording tax, separate tax lot, revolving credit, and so-called comprehensive
coverage over covenants and restrictions), and (D) contain no exceptions to
title other than Permitted Encumbrances and other exceptions reasonably
acceptable to Administrative Agent;

     

    (iv)    With respect
to each Mortgaged Property, such affidavits, certificates, information
(including financial data) and instruments of indemnification (including a
so-called “gap” indemnification) as shall be required to induce the Title
Company to issue the Title Policy/ies and endorsements contemplated
above;

     

    (v)    Evidence
reasonably acceptable to Administrative Agent of payment by Company of all Title
Policy premiums, search and examination charges, escrow charges and related
charges, mortgage recording taxes, fees, charges, costs and expenses required
for the recording of the Mortgages and issuance of the Title Policies referred
to above;

     

    
      
         

      

      
        -80-

        
          

        

      

      
         

      

    

    (vi)    with respect
to each Mortgaged Property, copies of all leases in which Company or any of its
Subsidiaries holds the lessor’s interest or other agreements relating to
possessory interests, if any;

     

    (vii)    with respect
to each Mortgaged Property, evidence reasonably acceptable to Administrative
Agent that each Loan Party shall have made all notifications, registrations and
filings, to the extent required by, and in accordance with, all Governmental
Real Property Disclosure Requirements applicable to the granting of a Mortgage
with respect to the Mortgaged Property;

     

    (viii)    Matters Relating to Flood
Hazard Properties.  (a) Evidence, which may be in the form of a
completed Federal Emergency Management Agency Standard Flood Hazard
Determination, as to whether (1) any Mortgaged Property is a Flood Hazard
Property and (2) the community in which any such Flood Hazard Property is
located is participating in the National Flood Insurance Program, (b) if there
are any such Flood Hazard Properties, such Loan Party’s written acknowledgement
of receipt of written notification from Administrative Agent (1) as to the
existence of each such Flood Hazard Property and (2) as to whether the community
in which each such Flood Hazard Property is located is participating in the
National Flood Insurance Program, and (c) in the event any such Flood Hazard
Property is located in a community that participates in the National Flood
Insurance Program, evidence that Company has obtained flood insurance in respect
of such Flood Hazard Property to the extent required under the applicable
regulations of the Board of Governors of the Federal Reserve System;
and

     

    (ix)    Surveys with
respect to each Mortgaged Property.

     

    B.            
Real Estate
Appraisals.  Company shall, and shall cause each of its
Subsidiaries to, permit an independent real estate appraiser satisfactory to
Administrative Agent, upon reasonable notice during Company’s or its
Subsidiaries’ normal business hours, to visit and inspect any Mortgaged Property
for the purpose of preparing an appraisal of such Mortgaged Property if required
in order for Administrative Agent or Lenders to comply with any applicable laws
and regulations (in each case to the extent required under such laws and
regulations as determined by Administrative Agent).

     

    
      	
               
      

            	
              6.10

            	
              Interest Rate
      Protection.

            

    

     

    Within 90 days after the Closing Date,
Company shall enter into one or more Interest Rate Agreements in an aggregate
notional principal amount, together with the aggregate principal amount of the
then outstanding term loans under the Second Lien Credit Agreement bearing
interest at a fixed rate, of not less than 50% of the sum of the aggregate
principal amounts of the then outstanding Term Loans and the term loans under
the Second Lien Credit Agreement, for a term of at least 3 years from the Closing Date, each such
Interest Rate Agreement to be in form and substance reasonably satisfactory to
Administrative Agent.  Company shall maintain in effect each such
Interest Rate Agreement during its
term.

     

    
      	
               
      

            	
              6.11

            	
              Deposit Accounts and
      Securities Accounts.

            

    

     

    From and
after 75 days after the Closing Date (or such later date as Collateral Agent may
agree), (i) Company shall not permit its Domestic Subsidiaries’ Deposit Accounts
and Securities Accounts at any time to have a principal balance in excess of
$1,000,000 in the aggregate (excluding zero balance accounts and any accounts
used solely for payroll, payroll taxes and other employee wage and benefit
payments and any account subject to a Lien permitted by subsection 7.2A(ix))
unless Company or such Domestic Subsidiary, as the case may be, has
(i) executed and delivered to Collateral Agent a Control Agreement, and
(ii) taken all other steps necessary or, in the opinion of Collateral
Agent, desirable to ensure that Collateral Agent has a perfected security
interest in such accounts; provided that, if
Company or such Domestic Subsidiary is unable to obtain a Control Agreement from
the financial institution at which the Deposit Account or Securities Account is
maintained, Company shall, or shall cause such Domestic Subsidiary to, transfer
all amounts in the applicable account to an account maintained at a financial
institution from which Company or such Domestic Subsidiary has obtained a
Control Agreement and (ii) Company shall not permit the aggregate amount on
deposit in all Deposit Accounts of Company and of its Domestic Subsidiaries
(other than Deposit Accounts maintained with Administrative Agent or subject to
a Control Agreement and any zero balance accounts and any accounts used solely
for payroll, payroll taxes and other employee wage and benefit payments and any
account subject to a Lien permitted by subsection 7.2A(ix)) at any time to
exceed $1,000,000.

     

    
      
         

      

      
        -81-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              6.12

            	
              Ratings.

            

    

     

    Company
and Holdings shall use commercially reasonable efforts to cause the Loans under
this Agreement and the Second Lien Indebtedness and the Holdings Senior PIK
Indebtedness and Company’s and Holdings’ corporate credit to continue to be
publicly rated by each of Moody’s and S&P (but not to maintain a specific
rating).

     

    
      	
               
      

            	
              6.13

            	
              Employee
      Benefits.

            

    

     

    Holdings
and each of its Subsidiaries shall comply in all material respects with the
applicable provisions of ERISA and the Internal Revenue Code and shall furnish
to Administrative Agent (x) as soon as possible after, and in any event
within five days after any Officer of any Loan Party or any ERISA Affiliate
of any Loan Party knows or has reason to know that, any ERISA Event has occurred
that, alone or together with any other ERISA Event could reasonably be expected
to result in liability of the Loan Parties or any of their ERISA Affiliates in
an aggregate amount exceeding $1,000,000 or the imposition of a Lien, a
statement of an Officer of such Loan Party setting forth details as to such
ERISA Event and the action, if any, that the Loan Parties propose to take with
respect thereto, and (y) upon request by Administrative Agent, copies of
(i) each Schedule B (Actuarial Information) to the annual report (Form
5500 Series) filed by any Loan Party or any ERISA Affiliate with the Internal
Revenue Service with respect to each Pension Plan; (ii) the most recent
actuarial valuation report for each Pension Plan; (iii) all notices
received by any Loan Party or any ERISA Affiliate from a Multiemployer Plan
sponsor or any governmental agency concerning an ERISA Event; and (iv) such
other documents or governmental reports or filings relating to any Pension Plan
(or employee benefit plan sponsored or contributed to by any Loan Party) as
Administrative Agent shall reasonably request.

     

    
      	
               
      

            	
              6.14

            	
              Post-Closing
      Collateral Matters.

            

    

     

    To the
extent such item has not been delivered as of the Closing Date, Company shall
deliver to Administrative Agent
within 10 Business Days after the Closing Date (or such later date as
Administrative Agent may agree), a
share mortgage with the Collateral Agent pledging Capital Stock of Company’s
direct, wholly owned Subsidiary IntraLinks, Ltd. possessing 65% of the aggregate
voting power of all of such company’s stock and 100% of such company’s non-voting stock
and a related written opinion or opinions of foreign counsel in form reasonably
satisfactory to Administrative Agent.

     

    Section
7.     COMPANY’S NEGATIVE
COVENANTS

     

    Holdings
and Company covenant and agree that, so long as any of the Commitments hereunder
shall remain in effect and until payment in full of all of the Loans and other
Obligations (other than Unasserted Obligations) and the cancellation or
expiration of all Letters of Credit, unless Requisite Lenders shall otherwise
give prior written consent, Holdings and Company shall perform, and shall cause
each of their Subsidiaries to perform, all covenants in this
Section 7.

     

    
      
         

      

      
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              7.1

            	
              Indebtedness.

            

    

     

    Holdings
and Company shall not, and shall not permit any of their Subsidiaries to,
directly or indirectly, create, incur, assume or guaranty, or otherwise become
or remain directly or indirectly liable with respect to, any Indebtedness,
except:

     

    (i)    Holdings and
its Subsidiaries may become and remain liable with respect to the
Obligations;

     

    (ii)    Company and
its Subsidiaries may become and remain liable with respect to Indebtedness
including purchase money obligations (including obligations in respect of
mortgage, industrial revenue bond, industrial development bond and similar
financings) (x) in respect of Capital Leases or (y) incurred to finance the
acquisition, construction or improvement of any fixed or capital assets, and
modifications, extensions, renewals, refundings, replacements and extensions of
any such Indebtedness that do not increase the outstanding principal amount
thereof; provided that (A) in
the case of clause (y), such Indebtedness is incurred prior to or within
210 days after such acquisition or the completion of such construction or
improvement and (B) the aggregate principal amount of Indebtedness permitted by
this subsection 7.1(ii) shall not exceed $7,500,000 at any time
outstanding;

     

    (iii)   (A) Company may
become and remain liable with respect to Indebtedness to any Subsidiary
Guarantor, and any Subsidiary Guarantor may become and remain liable with
respect to Indebtedness to Company or any other Subsidiary Guarantor; provided that
(a) a security interest in all such intercompany Indebtedness shall have
been granted to Collateral Agent for the benefit of Lenders and (b) if such
intercompany Indebtedness is evidenced by a promissory note or other instrument,
such promissory note or instrument shall have been pledged to Administrative
Agent pursuant to the Security Agreement, and (B) any Subsidiary that is not a
Subsidiary Guarantor may become and remain liable with respect to Indebtedness
to any other Subsidiary that is not a Subsidiary Guarantor;

     

    (iv)   Company and its
Subsidiaries may remain liable with respect to Indebtedness described in Schedule 7.1
annexed hereto and become and remain liable with respect to any modifications,
refinancings, refundings, renewals or extensions thereof or in the case of any
Indebtedness of a Foreign Subsidiary, any replacement or substitute therefor
(without increasing, or shortening the maturity of, the principal amount thereof
(except by an amount equal to the accreted value, if applicable, and a
reasonable premium or other reasonable amount paid, and fees and expenses
reasonably incurred, in connection with such modification, refinancing,
refunding, renewal, extension, replacement or substitution and by an amount
equal to any existing commitments unutilized) or changing the obligors
thereunder), in each case other than Existing Indebtedness to Be
Repaid;

     

    (v)    any Person
that becomes a Subsidiary of Company as a result of a Permitted Acquisition may
remain liable with respect to Indebtedness existing on the date of such
acquisition and become and remain liable with respect to any modifications,
refinancings, refundings, renewals or extensions thereof (without increasing, or
shortening the maturity of, the principal amount thereof (except by an amount
equal to the accreted value, if applicable, and a reasonable premium or other
reasonable amount paid, and fees and expenses reasonably incurred, in connection
with such modification, refinancing, refunding, renewal or extension and by an
amount equal to any existing commitments unutilized) or changing the obligors
thereunder); provided that such
Indebtedness is not created in anticipation of such acquisition and no more than
$7,500,000 of Indebtedness shall have been incurred in reliance on this
subsection 7.1(v) since the Closing Date;

     

    (vi)    current and
future Foreign Subsidiaries that do not conduct, transact or otherwise engage in
any business or operations other than the provision of services to or on behalf
of Company and its Subsidiaries may incur Indebtedness to Company and the
Subsidiary Guarantors in the ordinary course of business consistent with past
practice;

     

    
      
         

      

      
        -83-

        
          

        

      

      
         

      

    

    (vii)    the Loan
Parties may become and remain liable with respect to Second Lien Indebtedness
pursuant to the Second Lien Credit Agreement and, subject to the limitations set
forth in subsection 7.10 and the Intercreditor Agreement, Indebtedness incurred
to refinance, extend, renew, restructure or replace, or in exchange for, such
Second Lien Indebtedness, in whole or in part (“Refinancing Second Lien
Indebtedness”), in an aggregate principal amount not to exceed
$65,000,000 plus any amounts of
accreted or amortized original issue discount or any amounts of interest paid in
the form of additional Second Lien Indebtedness and a reasonable premium or
other reasonable amount paid, and fees and expenses reasonably incurred, in
connection with any Second Lien Indebtedness or Refinancing Second Lien
Indebtedness being refinanced, extended, renewed, restructured or exchanged;
provided that
(i) except as permitted by clause (iv) below, such Refinancing Second Lien
Indebtedness is unsecured, (ii) the non-economic terms and conditions of
such Refinancing Second Lien Indebtedness are not less favorable in the
aggregate to Holdings and its Subsidiaries and to the Agents and the Lenders
than the terms and conditions of Indebtedness then outstanding under the Second
Lien Credit Agreement, (iii) the final maturity and the average life to
maturity of such Refinancing Second Lien Indebtedness is at least equal to that
of the Indebtedness then outstanding under the Second Lien Credit Agreement,
(iv) if such Refinancing Second Lien Indebtedness is secured, the holders
thereof, or a duly authorized agent on their behalf, agree in writing to be
bound by the terms of the Intercreditor Agreement to the same extent as the
lenders and agents under the Second Lien Credit Agreement and (v) the amount of
any Second Lien Indebtedness permitted by this clause (vii) shall be reduced on
a dollar for dollar basis by the amount of prepayments of Second Lien
Indebtedness other than with the proceeds of additional Indebtedness permitted
under this clause (vii);

     

    (viii)    Holdings may
become and remain liable with respect to Holdings Senior PIK Indebtedness
pursuant to the Holdings Senior PIK Credit Agreement and, subject to the
limitations set forth in subsection 7.10, Indebtedness incurred to refinance,
extend, renew, restructure or replace, or in exchange for, such Holdings Senior
PIK Indebtedness, in whole or in part (“Refinancing Holdings Senior PIK
Indebtedness”), in an aggregate principal amount not to exceed
$75,000,000 plus any amounts of
accreted or amortized original issue discount or any amounts of interest paid in
the form of additional Holdings Senior PIK Indebtedness and a reasonable premium
or other reasonable amount paid, and fees and expenses reasonably incurred, in
connection with any Holdings Senior PIK Indebtedness or any Holdings Refinancing
Senior PIK Indebtedness being refinanced, extended, renewed, restructured or
exchanged; provided that
(i) such Refinancing Holdings Senior PIK Indebtedness is unsecured,
(ii) the non-economic terms and conditions of such Refinancing Holdings
Senior PIK Indebtedness are not less favorable in the aggregate to Holdings and
its Subsidiaries and to the Agents and the Lenders than the terms and conditions
of Indebtedness then outstanding under the Holdings Senior PIK Credit Agreement,
(iii) the final maturity and the average life to maturity of such
Refinancing Holdings Senior PIK Indebtedness is at least equal to that of the
Indebtedness then outstanding under the Holdings Senior PIK Credit Agreement and
(iv) the amount of any Holdings Senior PIK Indebtedness permitted by this clause
(viii) shall be reduced on a dollar for dollar basis by the amount of
prepayments of Holdings Senior PIK Indebtedness other than with the proceeds of
additional Indebtedness permitted under this clause (viii);

     

    (ix)    Company and
its Subsidiaries may become and remain liable with respect to other Indebtedness
in an aggregate principal amount not to exceed $10,000,000 at any time
outstanding; provided that the
aggregate principal amount of Indebtedness of Subsidiaries that are not
Subsidiary Guarantors incurred pursuant to this clause (ix) shall not exceed
$2,500,000 in the aggregate at any time outstanding;

     

    
      
         

      

      
        -84-

        
          

        

      

      
         

      

    

    (x)     Company
and the Subsidiary Guarantors may become and remain liable with respect to (x)
Indebtedness, in respect of performance bonds, surety bonds, appeal bonds,
completion guarantees or like instruments or with respect to workers’
compensation claims, in each case incurred in the ordinary course of business
and (y) letters of credit supporting obligations described in subclause
(ix);

     

    (xi)    the Loan
Parties may become and remain liable with respect to Indebtedness under Hedge
Agreements required under subsection 6.10 or otherwise entered into in the
ordinary course of business and not for speculative purposes;

     

    (xii)    Company and
its Subsidiaries may become and remain liable with respect to customary
indemnification and purchase price adjustment obligations incurred in connection
with Asset Sales or other sales of assets;

     

    (xiii)   (x) Company and the
Subsidiary Guarantors may become and remain liable with respect to guarantee
obligations in respect of any Indebtedness of Company or any Subsidiary
Guarantor permitted by subsection 7.1, (y) Company and the Subsidiary
Guarantors may become and remain liable with respect to guarantee obligations in
respect of any Foreign Subsidiary to the extent permitted by subsection 7.1(vi)
and (z) any Subsidiary that is not a Guarantor may become and remain liable with
respect to guarantee obligations in respect of any Indebtedness of any
Subsidiary that is not a Guarantor permitted by subsection 7.1; and

     

    (xiv)   Company and its
Subsidiaries may become and remain liable for Indebtedness in respect of netting
services, overdraft protections and similar arrangements in each case in
connection with cash management and deposit accounts in the ordinary course of
business.

     

    
      	
               
      

            	
              7.2

            	
              Liens and Related
      Matters.

            

    

     

    A.           Prohibition on
Liens.  Holdings and Company shall not, and shall not permit
any of their Subsidiaries to, directly or indirectly, create, incur, assume or
permit to exist any Lien on or with respect to any property or asset of any kind
(including any document or instrument in respect of goods or accounts
receivable) of Company or any of its Subsidiaries, whether now owned or
hereafter acquired, or any income or profits therefrom, except:

     

    (i)    Permitted
Encumbrances;

     

    (ii)    Liens
securing Indebtedness permitted pursuant to subsection 7.1(ii); provided that (x)
such Liens attach at all times only to the assets so financed except for
accessions to the property that is affixed or incorporated into the property
covered by such Lien or financed with the proceeds of such Indebtedness and the
proceeds and the products thereof and (y) that individual financings of
equipment provided by one lender may be cross collateralized to other financings
of equipment provided by such lender;

     

    (iii)    Liens on
assets of a Person that becomes a direct or indirect Subsidiary of Company or
that are acquired by Company or any of its Subsidiaries after the date of this
Agreement in a Permitted Acquisition, provided, however, that such
Liens (x) exist at the time such Person becomes a Subsidiary or at the time such
assets are acquired, (y) attach only to specific assets acquired in such
Permitted Acquisition (and the proceeds or products thereof) and (z) were
not created in anticipation of such acquisition and, in any event, do not in the
aggregate secure Indebtedness in excess of $3,000,000 at any
time;

     

    (iv)    Liens
described in Schedule 7.2
annexed hereto and extensions, renewals and replacements thereof;

     

    
      
         

      

      
        -85-

        
          

        

      

      
         

      

    

    (v)    subject to
the Intercreditor Agreement, Liens securing the Second Lien Indebtedness and
Refinancing Second Lien Indebtedness permitted under subsection
7.1(vii);

     

    (vi)    other Liens
securing obligations in an aggregate amount not to exceed $2,500,000 at any time
outstanding;

     

    (vii)   Liens on assets of
Foreign Subsidiaries securing Indebtedness of Foreign Subsidiaries otherwise
permitted under subsection 7.1;

     

    (viii)   Liens in favor of
Company or a Guarantor securing Indebtedness permitted under subsection
7.1(iii);

     

    (ix)     Liens
arising out of any conditional sale, title retention, consignment or other
similar arrangements for the sale of goods entered into by Holdings or any of
its Subsidiaries in the ordinary course of business to the extent such Liens do
not attach to any assets other than the goods subject to such arrangements and
the proceeds thereof;

     

    (x)     Liens
incurred in the ordinary course of business in connection with the purchase or
shipping of goods or assets, which Liens or in the favor of the seller or
shipper of such goods or assets and only attach to such goods or assets (or the
proceeds thereof); and

     

    (xi)    Liens (A)(x)
on advances of Cash and Cash Equivalents in favor of the seller of any property
to be acquired in an Investment permitted pursuant to section 7.3 to be applied
against the purchase price for such Investment and (y) consisting of an
agreement to dispose of any property in an asset sale or disposition permitted
under section 7.3 and (B) consisting of earnest money deposits of Cash and Cash
Equivalents made by Holdings or any of its Subsidiaries in connection with any
letter of intent or purchase agreement in connection with any Investment
permitted pursuant to section 7.3.

     

    B.            
No Further Negative
Pledges.  Holdings and the Company shall not, and shall not
permit any of their Subsidiaries to enter into any agreement prohibiting the
creation or assumption of any Lien upon any of its material properties or
assets, whether now owned or hereafter acquired, to secure Indebtedness under
any senior credit facility, including this Agreement, other than (i) this
Agreement, the Second Lien Credit Agreement, the Holdings Senior PIK Credit
Agreement, or any agreement prohibiting only the creation of Liens securing
Subordinated Indebtedness, (ii) any agreement evidencing Indebtedness secured by
Liens permitted by subsections 7.2A(ii), (iii), (iv), (vi), (vii) and (viii) as
to the assets securing such Indebtedness, (iii) agreements that are customary
restrictions on leases, subleases, licenses or permits so long as such
restrictions relate to the property subject thereto, (iv) agreements that
are customary provisions restricting subletting or assignment of any lease
governing a leasehold interest, (v) agreements that are customary
provisions restricting assignment or transfer of any contract entered into in
the ordinary course of business and (vi) any agreement evidencing an asset
sale, as to the assets being sold.

     

    C.           
No Restrictions on Subsidiary
Distributions to Company or Other Subsidiaries.  Holdings and
Company will not, and will not permit any of their Subsidiaries to, create or
otherwise cause or suffer to exist or become effective any consensual
encumbrance or restriction of any kind on the ability of any such Subsidiary to
(i) pay dividends or make any other distributions on any of such
Subsidiary’s Capital Stock owned by Company or any other Subsidiary of Company,
(ii) repay or prepay any Indebtedness owed by such Subsidiary to Holdings
or any of its Subsidiaries, (iii) make loans or advances to Holdings or any
of its Subsidiaries, or (iv) transfer any of its property or assets to
Holdings or any of its Subsidiaries, except (a) as provided in this
Agreement, the Second Lien Credit Agreement, the Holdings Senior PIK Credit
Agreement, and any Refinancing Second Lien Indebtedness and any Refinancing
Holdings Senior PIK Indebtedness to the extent permitted by subsections 7.1(vii)
and (viii), respectively, (b) as to transfers of assets, as may be provided
in an agreement with respect to a sale of such assets, (c) encumbrances or
restrictions existing under or by reason of agreements binding on a Subsidiary
at the time such Subsidiary first becomes a Subsidiary of Company, so long as
such agreements were not entered into in contemplation of such Person becoming a
Subsidiary of Company, (d) encumbrances or restrictions existing under or by
reason of agreements that are customary provisions in joint venture agreements
and other similar agreements applicable to Joint Ventures permitted under
subsection 7.3 and applicable solely to such Joint Venture, (e) encumbrances or
restrictions existing under or by reason of agreements that are customary
restrictions on leases, subleases, licenses or permits so long as such
restrictions relate to the property subject thereto, (f) encumbrances or
restrictions existing under or by reason of agreements that are customary
provisions restricting subletting or assignment of any lease governing a
leasehold interest, (g) encumbrances or restrictions existing under or by
reason of agreements that are customary provisions restricting assignment or
transfer of any contract entered into in the ordinary course of business, (h) as
to Foreign Subsidiaries, restrictions which do not have a material adverse
effect on the ability of Company to repay the Obligations when due and which are
contained in the Organizational Documents of any such Foreign Subsidiary (but
only to the extent required by Requirements of Law) or in agreements relating to
Indebtedness permitted under clauses (iv) and (vi) of subsection 7.1 and
(i) encumbrances or restrictions existing under or by reason of any
agreements governing any purchase money Liens or obligations under Capital
Leases otherwise permitted hereby (in which case, any prohibition or limitation
shall only be effective against the property financed thereby; provided that
individual agreements governing purchase money Liens or obligations under
Capital Leases provided by a Person (or its Affiliates) may be
cross-collateralized to other such agreements governing purchase money Liens or
obligations under Capital Leases provided by such Person (or its
Affiliates)).

     

    
      
         

      

      
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              7.3

            	
              Investments;
      Acquisitions.

            

    

     

    Holdings
and Company shall not, and shall not permit any of their Subsidiaries to,
directly or indirectly, make or own any Investment in any Person, including any
Joint Venture, or acquire, by purchase or otherwise, all or substantially all
the business, property or fixed assets of, or Capital Stock of, any Person, or
any division or line of business of any Person except:

     

    (i)            
Holdings and its Subsidiaries may make and own Investments in Cash and Cash
Equivalents;

     

    (ii)    the
Guarantors may make and own Investments in Company and in other Guarantors that
are Subsidiaries of Company, and Subsidiaries of Company that are not Guarantors
may make and own Investments in other Subsidiaries of Company;

     

    (iii)    Holdings and
its Subsidiaries may make intercompany loans, guarantees and advances to the
extent permitted under subsection 7.1;

     

    (iv)    Holdings and
its Subsidiaries may consummate the Merger and make related Investments in
accordance with the terms and conditions of the Merger Agreement;

     

    (v)     Company
and its Subsidiaries may make Consolidated Capital Expenditures permitted by
subsection 7.7;

     

    (vi)    Company and
its Subsidiaries may continue to own the Investments owned by them and described
in Schedule 7.3
annexed hereto, including any modification, replacement, renewal or extension
thereof which does not increase the amount thereof;

     

    
      
         

      

      
        -87-

        
          

        

      

      
         

      

    

    (vii)   Company and its
Subsidiaries may
make Permitted Acquisitions; provided that
(a) no Potential Event of Default or Event of Default shall have occurred
and be continuing at the time such acquisition occurs or after giving effect
thereto, (b) Company shall be in Pro Forma Compliance after giving effect
thereto, (c) Company and Holdings shall, and shall cause their Subsidiaries
to, comply with the requirements of subsections 6.8 and 6.9 with respect to each
such acquisition that results in a Person becoming a Subsidiary and (d) the
aggregate fair market value of all direct and indirect Investments in Persons
that do not become Guarantors resulting from all such acquisitions shall not
exceed in the aggregate $2,500,000;

     

    (viii)   Company and the
Subsidiary Guarantors may make Investments consistent with past practice for the
purposes of reimbursing payroll, rent, insurance and other ordinary course
operating expenses of current and future Foreign Subsidiaries that do not
conduct, transact or otherwise engage in any business or operations other than
the provision of services to or on behalf of Company and its
Subsidiaries;

     

    (ix)     
Holdings and Company may acquire and hold obligations of one or more officers or
other employees of Holdings or its Subsidiaries in connection with such
officers’ or employees’ acquisition of shares of its Capital Stock, so long as
no cash is actually advanced by Holdings or any of its Subsidiaries to such
officers or employees in connection with the acquisition of any such
obligations;

     

    (x)      
Company and its Subsidiaries may receive and hold promissory notes and other
noncash consideration received in connection with any Asset Sale permitted by
subsection 7.6;

     

    (xi)     
Company and its Subsidiaries (a) may make and own other Investments through
the issuance of Specified Equity and (b) may make and own other Investments in
an aggregate amount not to exceed at any time (x) $5,000,000 plus (y) the
Specified Equity Amount;

     

    (xii)     
Company and its Subsidiaries may make and own Investments in connection with the
workout, bankruptcy or reorganization of, or settlement of delinquent accounts
and disputes with, customers and suppliers, in each case in the ordinary course
of business;

     

    (xiii)     Company and
its Subsidiaries may make and own Investments consisting of lease, utility and
other deposits or advances in the ordinary course of business;

     

    (xiv)    Company and
its Subsidiaries may make and own Investments consisting of extensions of credit
in the nature of accounts receivable or notes receivable arising from the grant
of trade credit in the ordinary course of business;

     

    (xv)     Holdings and
its Subsidiaries may enter into Hedge Agreements as permitted under subsection
7.1(xi);

     

    (xvi)    Company and
its Subsidiaries may make and own Investments in the ordinary course of business
consisting of endorsements for collection or deposit;

     

    (xvii)   Holdings and its
Subsidiaries may make and own Investments consisting of advances of payroll
payments to employees in the ordinary course of business; and

     

    (xviii)   Company and its
Subsidiaries may make advances in the form of a cash deposit or prepayment of
expenses to vendors, suppliers and trade creditors so long as such deposits are
made and such expenses are incurred in the ordinary course of business of
Company or such Subsidiary.

     

    
      
         

      

      
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              7.4

            	
              Restricted Junior
      Payments.

            

    

     

    Holdings
and Company shall not, and with respect to clause (iv) of the definition of
Restricted Junior Payment shall not permit any of their Subsidiaries to,
directly or indirectly, declare, order, pay, make or set apart any sum for any
Restricted Junior Payment; provided that (in the
case of clauses (i), (iii), (vii) and (viii) below so long as no Event of
Default or Potential Event of Default shall have occurred and be continuing or
would result therefrom):

     

    (i)           Company
and its Subsidiaries may make regularly scheduled payments of interest in
respect of any Subordinated Indebtedness in accordance with the terms of, and
only to the extent required by, and subject to the subordination provisions
contained in, the indenture or other agreement pursuant to which such
Subordinated Indebtedness was issued, as such indenture or other agreement may
be amended from time to time to the extent permitted under this
Agreement;

     

    (ii)           any
Subsidiary of Holdings may make Restricted Junior Payments to Holdings in an
aggregate amount not in excess of $2,500,000 in any Fiscal Year (i) to fund
any redemption or repurchase of Capital Stock that is required pursuant to the
terms of any “qualified stock bonus plan” under Section 401(a) of the Internal
Revenue Code that complies in all material respects with the applicable
provisions of Sections 404, 409 and 415 of the Internal Revenue Code and
(ii) to repurchase the Capital Stock of Holdings from directors, employees
or members of management of Holdings or any Subsidiary (or their estate, family
members, spouse and/or former spouse);

     

    (iii)           Company
and its Subsidiaries may make any payment or prepayment of principal of,
premium, if any, or interest on, or redeem, purchase, retire, defease (including
in-substance or legal defeasance), create a sinking fund or make a similar
payment with respect to, Subordinated Indebtedness of Company and its
Subsidiaries with the proceeds of any refinancing Indebtedness of Company and
its Subsidiaries permitted by subsection 7.1 so long as such refinancing
Indebtedness is Subordinated Indebtedness of Company and its Subsidiaries and
subordinated to at least the same extent as the Subordinated Indebtedness being
refinanced;

     

    (iv)           Holdings
and Company may declare and make dividend payments or other distributions
payable solely in Specified Equity of such Person;

     

    (v)           any
Subsidiary of Holdings may make Restricted Junior Payments to
Holdings:

     

    (a)           the
proceeds of which will be used to pay the tax liability for the relevant
jurisdiction in respect of consolidated, combined, unitary or affiliated tax
returns filed by Holdings (that include Company and or any of its Subsidiaries)
to the extent such tax liability does not exceed the lesser of (a) the taxes
that would have been payable by Company and its Subsidiaries as a stand-alone
group to the extent that any such taxes are not paid or to be paid directly by
Company or its Subsidiaries or (b) the actual tax liability of the Holdings
consolidated, combined, unitary or affiliated group to the extent paid or to be
paid by Holdings; and

     

    (b)           the
proceeds of which shall be used by Holdings to pay its operating expenses
incurred in the ordinary course of business and other corporate overhead costs
and expenses (including, without limitation, administrative, legal, accounting
and similar expenses provided by third parties), which are reasonable and
customary and incurred in the ordinary course of business, in an aggregate
amount not to exceed $100,000 in any Fiscal Year plus any reasonable
and customary indemnification claims made by directors or officers of Holdings
attributable to the ownership or operations of Company and its
Subsidiaries;

     

    
      
         

      

      
        -89-

        
          

        

      

      
         

      

    

    (vi)           Holdings
may make Restricted Junior Payments consisting of repurchases of Capital Stock
of Holdings deemed to occur upon the non-cash exercise of stock options and
warrants;

     

    (vii)           Company
may make Restricted Junior Payments after the Closing Date equal to 50% of the
Consolidated Net Income of Company and its Subsidiaries for the period (taken as
one accounting period) commencing with the Fiscal Quarter ending September 30,
2007 and ending on the date of Holdings’ most recently ended Fiscal Quarter for
which financial statements required to be delivered pursuant to subsections
6.1(ii) or (iii) are available at the time of such Restricted Junior Payment;
provided that
the aggregate amount of such Restricted Junior Payments for any such Fiscal Year
shall not exceed $2,000,000; and

     

    (viii)           Holdings
and Company may make other Restricted Junior Payments after the Closing Date
equal to $7,500,000.

     

    
      	
               
      

            	
              7.5

            	
              Financial
      Covenant—Maximum Consolidated Senior Secured Leverage
      Ratio.

            

    

     

    If any
Revolving Loans or Swing Line Loans are outstanding as of the last day of such
Fiscal Quarter, Holdings and Company shall not permit the Consolidated Senior
Secured Leverage Ratio to be greater than: 7.00:1.00 as of the last day of the
fiscal quarter ending September 30, 2007; 6.75:1.00 as of the last day of the
fiscal quarter ending December 31, 2007; and 6.50:1.00 as of the last day of
each Fiscal Quarter ending thereafter.

     

    
      	
               
      

            	
              7.6

            	
              Restriction on
      Fundamental Changes; Asset
Sales.

            

    

     

    Holdings
and Company shall not, and shall not permit any of their Subsidiaries to, enter
into any transaction of merger or consolidation, or liquidate, wind up or
dissolve itself (or suffer any liquidation or dissolution), or convey, sell,
lease or sublease (as lessor or sublessor), transfer or otherwise dispose of, in
one transaction or a series of transactions, all or any part of its business,
property or assets (including its notes or receivables and Capital Stock of a
Subsidiary of Company, whether newly issued or outstanding), whether now owned
or hereafter acquired, except:

     

    (i)    any
Subsidiary of Company may be merged with or into Company or any Subsidiary
Guarantor, or be liquidated, wound up or dissolved, or all or any part of its
business, property or assets may be conveyed, sold, leased, transferred or
otherwise disposed of, in one transaction or a series of transactions, to
Company or any Subsidiary Guarantor; provided that, in the
case of such a merger, Company or such Subsidiary Guarantor shall be the
continuing or surviving Person;

     

    (ii)    Company and
its Subsidiaries may sell or otherwise dispose of inventory in the ordinary
course of business;

     

    (iii)   Company and its
Subsidiaries may dispose of obsolete, worn out or surplus assets or of assets no
longer used or useful in the conduct of the business of Company and its
Subsidiaries, in each case, in the ordinary course of business or may otherwise
sell, lease, transfer or otherwise dispose or exchange assets to the extent not
constituting Asset Sales;

     

    (iv)    Company and
its Subsidiaries may make Asset Sales of assets having a fair market value not
in excess of $1,500,000; provided that
(a) the consideration received for such assets shall be in an amount at
least equal to the fair market value thereof determined in good faith by the
board of director of Company (or any Officer of Company delegated authority to
make such determinations by such board of directors); (b) the consideration
received shall be at least 75% cash; provided that for
purposes of this subclause (b) any Designated Noncash Consideration in an amount
not to exceed $500,000 (provided that for
purposes of this proviso any Designated Noncash Consideration which has
subsequently been sold for, or otherwise converted to cash, shall not be counted
against such limitation to the extent of the cash received) shall be deemed to
be cash; and (c) after giving effect to such Asset Sale, Company shall be in Pro
Forma Compliance;

     

    
      
         

      

      
        -90-

        
          

        

      

      
         

      

    

    (v)    in order to
resolve disputes that occur in the ordinary course of business, Company and its
Subsidiaries may discount or otherwise compromise or sell for less than the face
value thereof, notes or accounts receivable;

     

    (vi)    Company or
any of its Subsidiaries may sell or dispose of shares of Capital Stock of any of
its Subsidiary in order to qualify members of the Governing Body of such
Subsidiary if required by applicable law;

     

    (vii)    the Merger
may occur in accordance with the terms and conditions of the Merger
Agreement;

     

    (viii)   any Person may be
merged with or into Company or any of its Subsidiaries if the acquisition of the
Capital Stock of such Person by Company or such Subsidiary would have been
permitted pursuant to subsection 7.3; provided that (a) in
the case of Company, Company shall be the continuing or surviving Person, (b) in
the case of a Subsidiary of Company, if such Subsidiary is not the surviving or
continuing Person, the surviving Person becomes a Subsidiary of Company and
complies with the provisions of subsection 6.8 and (c) no Potential Event of
Default or Event of Default shall have occurred or be continuing after giving
effect thereto;

     

    (ix)     any Foreign
Subsidiary of Company may be merged with or into any other Foreign Subsidiary of
Company, or be liquidated, wound up or dissolved, or all or any part of its
business, property or assets may be conveyed, sold, leased, transferred or
otherwise disposed of, in one transaction or a series of transactions, to any
other Foreign Subsidiary of Company;

     

    (x)     
Company or any of its Subsidiaries may lease, sublease, license or sublicense
property (and surrender and terminate leases and other occupancy agreements) in
the ordinary course of business and which do not materially interfere with the
business of Company and its Subsidiaries or materially adversely affect the
Collateral taken as a whole;

     

    (xi)     Company
or any of its Subsidiaries may abandon Intellectual Property which, in the
reasonable good faith determination of Company or such Subsidiary, is
uneconomical, negligible, obsolete or otherwise not material in the conduct of
the business of Company or such Subsidiary;

     

    (xii)    Company or
any of its Subsidiaries may dispose of any asset subject to any settlement of or
payment in respect of any property or casualty insurance claim or any
condemnation proceeding; provided that the Net
Insurance/Condemnation Proceeds received by Company or such Subsidiary shall be
applied as required by subsection 2.4(B)(iii)(b);

     

    (xiii)    Company or
any of its Subsidiaries may dispose of Investments in Joint Ventures, to the
extent required by, or made pursuant to buy/sell arrangements between the joint
venture parties in, joint venture agreements and similar binding
arrangements;

     

    
      
         

      

      
        -91-

        
          

        

      

      
         

      

    

    (xiv)    Company or
any of its Subsidiaries may sell or otherwise dispose of property to the extent
that (i) such property is exchanged for credit against the purchase price of
similar replacement property or (ii) the proceeds of such sale or other
disposition are promptly applied to the purchase price of such replacement
property; and

     

    (xv)    Holdings,
Company and its Subsidiaries may make Investments permitted by subsection 7.3,
incur Liens permitted by subsection 7.2 and make Restricted Junior Payments
permitted by subsection 7.4.

     

    
      	
               
      

            	
              7.7

            	
              Consolidated Capital
      Expenditures.

            

    

     

    Holdings
and Company shall not, and shall not permit their Subsidiaries to, make or incur
Consolidated Capital Expenditures, in any Fiscal Year (or portion of a Fiscal
Year set forth below), except that Company and its Subsidiaries may make capital
expenditures in an aggregate amount not to exceed the amount set forth below
opposite such Fiscal Year (the “Maximum Consolidated Capital
Expenditures Amount”):

     

    
      
        
          	
                  Fiscal
      Year

                	
                  Maximum
      Consolidated Capital

                  Expenditures
      Amount

                
	
                  Portion
      of Fiscal Year 2007 occurring following the Closing Date

                	
                  $8,000,000

                
	
                  2008

                	
                  $16,000,000

                
	
                  2009

                	
                  $16,000,000

                
	
                  2010

                	
                  $16,000,000

                
	
                  2011

                	
                  $16,000,000

                
	
                  2012

                	
                  $16,000,000

                
	
                  2013

                	
                  $16,000,000

                
	
                  Portion
      of Fiscal Year 2014 occurring prior to the Term Loan Maturity
      Date

                	
                  $16,000,000

                

        

      

    

     

    provided that the
Maximum Consolidated Capital Expenditures Amount for any Fiscal Year shall be
increased by an amount equal to the excess, if any, of the Maximum Consolidated
Capital Expenditures Amount for the previous Fiscal Year (without giving effect
to any adjustment in accordance with this proviso) over the actual amount of
Consolidated Capital Expenditures for such previous Fiscal Year (with Capital
Expenditures in any Fiscal Year being deemed to have been made first from any
amount carried forward from the preceding Fiscal Year) and may be further
increased at the option of Company by an amount equal to 25% of the Maximum
Consolidated Capital Expenditures Amount for the succeeding Fiscal Year; provided, further, that in
addition to the amounts set forth above, Company and its Subsidiaries may make
Consolidated Capital Expenditures up to the Specified Equity
Amount.  Any usage of the succeeding Fiscal Year’s Maximum
Consolidated Capital Expenditures Amount shall be deducted from the Maximum
Consolidated Capital Expenditures Amount available for such succeeding Fiscal
Year.

     

    
      	
               
      

            	
              7.8

            	
              Transactions with
      Shareholders and Affiliates.

            

    

     

    Holdings
and Company shall not, and shall not permit any of its Subsidiaries to, directly
or indirectly, enter into or permit to exist any transaction (including the
purchase, sale, lease or exchange of any property or the rendering of any
service) with any holder of 10% or more of any class of equity Securities of
Holdings or with any Affiliate of Company or Holdings or of any such holder, on
terms that are less favorable to Company or that Subsidiary, as the case may be,
than those that might be obtained at the time from Persons who are not such a
holder or Affiliate; provided that the
foregoing restriction shall not apply to (i) any transaction among Company
and its Subsidiaries or among its Subsidiaries, (ii) reasonable and
customary fees paid to members of the Governing Bodies of Holdings and its
Subsidiaries, (iii) Restricted Junior Payments permitted by subsection 7.4,
(iv) employment and severance arrangements between Holdings and its Subsidiaries
and their respective officers and employees in the ordinary course of business,
(v) the payment of customary fees and reasonable out of pocket costs to, and
indemnities provided on behalf of, directors, managers, consultants, officers
and employees of Holdings and its Subsidiaries in the ordinary course of
business, (vi) the payment of fees, expenses, indemnities or other payments
pursuant to agreements in existence on the Closing Date and set forth on Schedule 7.8 or any
amendment thereto to the extent such an amendment is not adverse to the Lenders
in any material respect, any issuance of securities, or other payments, awards
or grants in cash, securities or otherwise pursuant to, or the funding of,
employment arrangements, equity purchase agreements, deferred compensation
agreements, stock options and stock ownership plans or similar employee benefit
plans approved by the board of directors of Holdings or Company (or similar
governing body)), (vii) loans and advances to employees for entertainment and
travel expenses, drawing accounts and similar expenditures in the ordinary
course of business, (viii) the existence of, or the performance by Holdings or
any of its Subsidiaries of its obligations under the terms of, the Merger
Documents, (ix) the transactions contemplated by the Merger Documents (including
payment of the Transaction Costs), (x) entering into the tax sharing agreements
or arrangements approved by the board of directors of Holdings or Company (or
similar governing body) and the payment of all fees and expenses related
thereto, and (xi) any contribution to the capital of Holdings or
Company.

     

    
      
         

      

      
        -92-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              7.9

            	
              Conduct of
      Business.

            

    

     

    A.           Conduct of Business of Company and
Its Subsidiaries.  From and after the Closing Date, Company
shall not, and shall not permit any of its Subsidiaries to, engage in any
business other than the businesses engaged in by Company and its Subsidiaries on
the Closing Date and any business or line of businesses substantially similar,
related or incidental thereto.

     

    B.           Conduct of Business of
Holdings.  Notwithstanding the foregoing in this
Section 7, from and after the Closing Date, Holdings shall not conduct,
transact or otherwise engage in any business or operations or incur Indebtedness
or consensual Liens other than (i) its ownership of the Capital Stock of
Company, (ii) the maintenance of its legal existence, (iii) the performance of
the Loan Documents, the Second Lien Credit Agreement and related documents, the
Holdings Senior PIK Credit Agreement and related agreements and the Merger
Documents, (iv) the taking of any action permitted by the terms of this
Agreement, or (v) as required by law.

     

    
      	
               
      

            	
              7.10

            	
              Amendments or Waivers
      of Certain Agreements; Amendment and Prepayment of Second Lien Credit
      Agreement.

            

    

     

    A.           Amendments or Waivers of Certain
Agreements.  Neither Company nor any of its Subsidiaries will
agree to any material amendment to, or waive any of its material rights under,
any Organizational Document, any Merger Document or any agreement evidencing or
governing any Subordinated Indebtedness after the Closing Date if such amendment
or waiver is adverse to the interests of the Lenders without in each case
obtaining the prior written consent of Requisite Lenders to such amendment or
waiver.

     

    
      
         

      

      
        -93-

        
          

        

      

      
         

      

    

    B.           Amendment and Prepayment of Second
Lien Credit Agreement.  Company shall not, and shall not permit
any of its Subsidiaries to, amend the Second Lien Credit Agreement or any Loan
Document (as such term is defined in the Second Lien Credit Agreement) or
otherwise change the terms of the Second Lien Indebtedness, if the effect of
such amendment or change is to change (to earlier dates) any dates upon which
payments of principal or interest are due thereon, change any event of default
(other than to eliminate any such event of default or increase any grace period
related thereto (it being understood that any change to the covenants that
otherwise complies with this subsection 7.10B shall not be deemed to be an
amendment to the events of default applicable thereto), add any financial
maintenance covenant, change the prepayment provisions thereof in a manner not
adverse to the lenders under the Second Lien Credit Agreement, or change any
collateral therefor (other than in accordance with the provisions of the
Intercreditor Agreement), or if the effect of such amendment or change, together
with all other amendments or changes made, is to increase materially the
obligations of the obligor thereunder or to confer any additional rights on the
holders of such Second Lien Indebtedness (or Second Lien Administrative Agent or
any other agent on their behalf) that would be adverse to Company or
Lenders.  Company shall not, and shall not permit any Subsidiary, to
make any prepayment prior to the scheduled date due of Indebtedness under the
Second Lien Credit Agreement other than with the proceeds of Refinancing Second
Lien Indebtedness or with the consent of the Requisite Class Lenders of Term
Loans.

     

    C.           Amendment and Prepayment of Holdings
Senior PIK Credit Agreement.  Holdings shall not amend the
Holdings Senior PIK Credit Agreement or any Loan Document (as such term is
defined in the Holdings Senior PIK Credit Agreement) or otherwise change the
terms of Holdings Senior PIK Indebtedness, if the effect of such amendment or
change is to change (to earlier dates) any dates upon which payments of
principal or interest are due thereon, change any event of default (other than
to eliminate any such event of default or increase any grace period related
thereto (it being understood that any change to the covenants that otherwise
complies with this subsection 7.10C shall not be deemed to be an amendment to
the events of default applicable thereto), add any financial maintenance
covenant, change the prepayment provisions thereof in a manner not adverse to
the lenders under the Holdings Senior PIK Credit Agreement, or if the effect of
such amendment or change, together with all other amendments or changes made, is
to increase materially the obligations of the obligor thereunder or to confer
any additional rights on the holders of such Holdings Senior PIK Loans that
would be adverse to Holdings or Lenders.  Holdings shall not make any
prepayment prior to the scheduled date due of Indebtedness under the Holdings
Senior PIK Credit Agreement other than with the proceeds of Refinancing Holdings
Senior PIK Indebtedness.

     

    
      	
               
      

            	
              7.11

            	
              Fiscal
      Year.

            

    

     

    Holdings
shall not change its Fiscal Year-end from December 31.

     

    
      	
               
      

            	
              7.12

            	
              Ownership of
      Subsidiaries.

            

    

     

    Holdings
and Company shall not permit any Domestic Subsidiary to be a non-Wholly Owned
Subsidiary, except as a result of or in connection with a dissolution,
liquidation, merger, consolidation or disposition of a Subsidiary permitted by
subsection 7.6 or an Investment in any Person permitted under subsection
7.3 in which such Domestic Subsidiary ceases to be a Subsidiary, so long as, to
the extent such Person is a non-Wholly Owned Subsidiary, the Capital Stock in
such non-Wholly Owned Subsidiary held by a Loan Party shall be pledged as part
of the Collateral.

     

    
      	
               
      

            	
              7.13

            	
              Sale and Leaseback
      Transactions.

            

    

     

    Enter
into any arrangement, directly or indirectly, with any person whereby it shall
sell or transfer any property, real or personal, used or useful in its business,
whether now owned or hereafter acquired, and thereafter rent or lease such
property or other property which it intends to use for substantially the same
purpose or purposes as the property being sold or transferred (a “Sale and Leaseback
Transaction”) unless (i) the sale of such property is permitted by
subsection 7.6 and (ii) any Liens arising in connection with its use
of such property are permitted by subsection 7.2.

     

    
      
         

      

      
        -94-

        
          

        

      

      
         

      

    

    Section
8.    
EVENTS OF DEFAULT

     

    If any of
the following conditions or events (“Events of Default”) shall
occur:

     

    
      	
               
      

            	
              8.1

            	
              Failure to Make
      Payments When Due.

            

    

     

    Failure
by Company to pay any installment of principal of any Loan when due, whether at
stated maturity, by acceleration, by notice of voluntary prepayment, by
mandatory prepayment or otherwise; failure by Company to pay when due any amount
payable to an Issuing Lender in reimbursement of any drawing under a Letter of
Credit; or failure by Company to pay any interest on any Loan or any fee or any
other amount due under this Agreement within five Business Days after the date
due; or

     

    
      	
               
      

            	
              8.2

            	
              Default in Other
      Agreements.

            

    

     

    (i)    Failure of
any Loan Party or any of their Subsidiaries to pay when due any principal of or
interest on or any other amount payable in respect of one or more items of
Indebtedness (other than Indebtedness referred to in subsection 8.1) or
amounts due in respect of the early termination of Hedge Agreements in an
individual principal amount of $3,500,000 or more or with an aggregate principal
amount of $3,500,000 or more, in each case beyond the end of any grace period
provided therefor; or

     

    (ii)    Breach or
default by any Loan Party or any of their Subsidiaries with respect to any other
material term of (a) one or more items of Indebtedness in the individual or
aggregate principal amounts referred to in clause (i) above or (b) any
loan agreement, mortgage, indenture or other agreement relating to such item(s)
of Indebtedness in the individual or aggregate amounts referred to in clause (i)
above, if the effect of such breach or default is to cause, or to permit the
holder or holders of that Indebtedness (or a trustee on behalf of such holder or
holders) to cause, that Indebtedness or Contingent Obligation(s) to become or be
declared due and payable prior to its stated maturity or the stated maturity of
any underlying obligation, as the case may be; or

     

    
      	
               
      

            	
              8.3

            	
              Breach of Certain
      Covenants.

            

    

     

    Failure
of Holdings or Company (in the case of subsection 6.2 solely with respect to
Holdings, Company or any Material Subsidiary) to perform or comply with any term
or condition contained in subsection 2.5, 6.1(i) or 6.2 (in the case of
subsection 6.2 solely with respect to Holdings, Company or any Material
Subsidiary) or Section 7 of this Agreement; provided that any
Event of Default under subsection 7.5 shall not constitute an Event of Default
with respect to any Term Loans until the earlier of (x) the date that is 30 days
after the date such Event of Default arises with respect to the Revolving Loans
and (y) the date on which the Administrative Agent or the Revolving Lenders
exercise any remedies with respect to the Revolving Loans in accordance with
this Section 8; provided, further, that any
Event of Default under subsection 7.5 may be waived, amended or otherwise
modified from time to time by the Requisite Class Lenders of Revolving Loans
pursuant to subsection 10.6A(c); or

     

    
      	
               
      

            	
              8.4

            	
              Breach of
      Warranty.

            

    

     

    Any
representation, warranty, certification or other statement made by Holdings or
any of its Subsidiaries in any Loan Document or in any statement or certificate
at any time given by Holdings or any of its Subsidiaries in writing pursuant
hereto or thereto or in connection herewith or therewith shall be false in any
material respect on the date as of which made; or

     

    
      
         

      

      
        -95-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              8.5

            	
              Other Defaults Under
      Loan Documents.

            

    

     

    Any Loan
Party shall default in the performance of or compliance with any term contained
in this Agreement or any of the other Loan Documents, other than any such term
referred to in any other subsection of this Section 8, and such
default shall not have been remedied or waived within 30 days after receipt by
Company of notice from Administrative Agent or any Lender of such default;
or

     

    
      	
               
      

            	
              8.6

            	
              Involuntary
      Bankruptcy; Appointment of Receiver,
Etc.

            

    

     

    (i)    A court
having jurisdiction in the premises shall enter a decree or order for relief in
respect of Holdings, Company or any of their Material Subsidiaries in an
involuntary case under the Bankruptcy Code or under any other applicable
bankruptcy, insolvency or similar law now or hereafter in effect, which decree
or order is not stayed; or any other similar relief shall be granted under any
applicable federal or state law; or

     

    (ii)    An
involuntary case shall be commenced against Holdings, Company or any of their
Material Subsidiaries under the Bankruptcy Code or under any other applicable
bankruptcy, insolvency or similar law now or hereafter in effect; or a decree or
order of a court having jurisdiction in the premises for the appointment of a
receiver, liquidator, sequestrator, trustee, custodian or other officer having
similar powers over Holdings, Company or any of their Material Subsidiaries, or
over all or a substantial part of its property, shall have been entered; or
there shall have occurred the involuntary appointment of an interim receiver,
trustee or other custodian of Holdings, Company or any of their Material
Subsidiaries for all or a substantial part of its property; or a warrant of
attachment, execution or similar process shall have been issued against any
substantial part of the property of Holdings, Company or any of their Material
Subsidiaries, and any such event described in this clause (ii) shall
continue for 60 days unless dismissed, bonded or discharged; or

     

    
      	
               
      

            	
              8.7

            	
              Voluntary Bankruptcy;
      Appointment of Receiver,
Etc.

            

    

     

    (i)    Holdings,
Company or any of their Material Subsidiaries shall have an order for relief
entered with respect to it or commence a voluntary case under the Bankruptcy
Code or under any other applicable bankruptcy, insolvency or similar law now or
hereafter in effect, or shall consent to the entry of an order for relief in an
involuntary case, or to the conversion of an involuntary case to a voluntary
case, under any such law, or shall consent to the appointment of or taking
possession by a receiver, trustee or other custodian for all or a substantial
part of its property; or Holdings, Company or any of their Material Subsidiaries
shall make any assignment for the benefit of creditors; or

     

    (ii)    Holdings,
Company or any of their Material Subsidiaries shall be unable, or shall fail
generally, or shall admit in writing its inability, to pay its debts as such
debts become due; or the Governing Body of Holdings, Company or any of their
Material Subsidiaries (or any committee thereof) shall adopt any resolution or
otherwise authorize any action to approve any of the actions referred to in
clause (i) above or this clause (ii); or

     

    
      	
               
      

            	
              8.8

            	
              Judgments and
      Attachments.

            

    

     

    Any final
non-appealable money judgment, writ or warrant of attachment or similar process
involving (i) in any individual case an amount in excess of $3,500,000 or
(ii) in the aggregate at any time an amount in excess of $3,500,000, in
either case to the extent not adequately covered by insurance as to which a
solvent and unaffiliated insurance company has not denied coverage, shall be
entered or filed against Holdings, Company or any of their Material Subsidiaries
or any of their respective assets and shall remain unpaid, undischarged,
unvacated, unbonded or unstayed for a period of 60 days; or

     

    
      
         

      

      
        -96-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              8.9

            	
              Dissolution.

            

    

     

    Any
order, judgment or decree shall be entered against Holdings, Company or any of
their Material Subsidiaries decreeing the dissolution or split up of Holdings,
Company or that Material Subsidiary and such order shall remain undischarged or
unstayed for a period in excess of 30 days; or

     

    
      	
               
      

            	
              8.10

            	
              Employee Benefit
      Plans.

            

    

     

    There
shall occur one or more ERISA Events or similar events in respect of any Foreign
Plans, that individually or in the aggregate could reasonably be expected to
result in a liability of Holdings or any of its Subsidiaries or any of their
respective ERISA Affiliates in excess of $3,500,000 during the term of this
Agreement; or there shall exist, as of any valuation date for a Pension Plan, an
amount of unfunded benefit liabilities (as defined in Section 4001(a)(18) of
ERISA), individually or in the aggregate for all Pension Plans which could
reasonably be expected to result in a Material Adverse Effect, and there has
been a failure to meet the minimum funding standard of Section 412 of the
Internal Revenue Code or the failure to make by its due date a required
installment under Section 412(m) of the Internal Revenue Code with respect to
any such Pension Plan; or

     

    
      	
               
      

            	
              8.11

            	
              Change in
      Control.

            

    

     

    A Change
in Control shall have occurred; or

     

    
      	
               
      

            	
              8.12

            	
              Invalidity of Loan
      Documents; Failure of Security; Repudiation of
      Obligations.

            

    

     

    At any
time after the execution and delivery thereof, (i) any Loan Document or any
provision thereof, for any reason other than the satisfaction in full of all
Obligations, shall cease to be in full force and effect (other than in
accordance with its terms) or shall be declared to be null and void, (ii)
Collateral Agent shall not have or shall cease to have a valid and perfected
First Priority Lien in any Collateral purported to be covered by the Collateral
Documents having a fair market value, individually or in the aggregate,
exceeding $3,500,000, in each case for any reason other than the failure of
Administrative Agent or any Lender to take any action within its control, or
(iii) any Loan Party shall contest the validity or enforceability of any
Loan Document or any provision thereof or the validity, perfection or priority
of any Lien on any Collateral purported to be covered by the Collateral
Documents having a fair market value, individually or in the aggregate,
exceeding $3,500,000, in writing or deny in writing that it has any further
liability, including with respect to future advances by Lenders, under any Loan
Document or any provision thereof to which it is a party; or

     

    THEN (i) upon the
occurrence of any Event of Default described in subsection 8.6 or 8.7 with
respect to Company, each of (a) the unpaid principal amount of and accrued
interest on the Loans, (b) an amount equal to the maximum amount that may
at any time be drawn under all Letters of Credit then outstanding (whether or
not any beneficiary under any such Letter of Credit shall have presented, or
shall be entitled at such time to present, the drafts or other documents or
certificates required to draw under such Letter of Credit), and (c) all
other Obligations shall automatically become immediately due and payable,
without presentment, demand, protest or other requirements of any kind, all of
which are hereby expressly waived by Company, and the obligation of each Lender
to make any Loan, the obligation of Administrative Agent to issue any Letter of
Credit and the right of any Lender to issue any Letter of Credit hereunder shall
thereupon terminate, and (ii) upon the occurrence and during the
continuation of any other Event of Default, Administrative Agent shall, upon the
written request or with the written consent of Requisite Lenders, by written
notice to Company, declare all or any portion of the amounts described in
clauses (a) through (c) above to be, and the same shall forthwith
become, immediately due and payable, and the obligation of each Lender to make
any Loan, the obligation of Administrative Agent to issue any Letter of Credit
and the right of any Lender to issue any Letter of Credit hereunder shall
thereupon terminate; provided that, during
any period in which an Event of Default described in subsection 8.3 arising
solely from a breach of subsection 7.5 exists solely with respect to the
Revolving Loans, Administrative Agent may, and at the request of the Requisite
Revolving Lenders, shall take such actions only with respect to the Revolving
Loans; provided, further, that the
foregoing shall not affect in any way the obligations of Revolving Lenders under
subsection 3.3C(i) or the obligations of Revolving Lenders to purchase
assignments of any unpaid Swing Line Loans as provided in
subsection 2.1A(iii).  Any amounts described in clause (b) above,
when received by Administrative Agent, shall be held by Administrative Agent
pursuant to the terms of this Agreement and the other Loan Documents and shall
be applied as herein and therein provided.

     

    
      
         

      

      
        -97-

        
          

        

      

      
         

      

    

    Section
9.    
ADMINISTRATIVE AGENT

     

    
      	
               
      

            	
              9.1

            	
              Appointment.

            

    

     

    A.           Appointment of Administrative Agent
and Collateral Agent.  DB is hereby appointed Administrative
Agent and Collateral Agent hereunder and under the other Loan Documents and DB
hereby accepts such appointment (references to Administrative Agent in this
Agreement and the other Loan Documents shall be deemed to include Administrative
Agent in the capacity of Collateral Agent).  Each Lender (including
any Lender in its capacity as a counterparty to a Hedge Agreement with Company
or one of its Subsidiaries) hereby authorizes Administrative Agent to act as its
agent in accordance with the terms of this Agreement and the other Loan
Documents.  DB agrees to act upon the express conditions contained in
this Agreement and the other Loan Documents, as applicable.  The
provisions of this Section 9 are solely for the benefit of Agents and
Lenders and no Loan Party shall have rights as a third party beneficiary of any
of the provisions thereof.  In performing its functions and duties
under this Agreement, Administrative Agent (other than as provided in subsection
2.1D) shall act solely as an agent of Lenders and does not assume and shall not
be deemed to have assumed any obligation towards or relationship of agency or
trust with or for any Loan Party.

     

    Administrative
Agent may execute any of its duties under this Agreement or any other Loan
Document by or through agents, employees or attorneys-in-fact appointed by
Administrative Agent in its sole discretion.  Administrative Agent and
any such sub-agent may perform any and all of the duties of Administrative Agent
and exercise the rights and powers of Administrative Agent by or through their
respective Affiliates and the partners, directors, officers, employees, agents
and advisors of such Person and of such Person’s Affiliates (“Related
Parties”).  The exculpatory provisions of this Section 9 shall
apply to any such sub-agent and to the Related Parties of Administrative Agent
and any such sub-agent.

     

    B.           Appointment of Supplemental
Collateral Agents.  It is the purpose of this Agreement and the
other Loan Documents that there shall be no violation of any law of any
jurisdiction denying or restricting the right of banking corporations or
associations to transact business as agent or trustee in such
jurisdiction.  It is recognized that in case of litigation under this
Agreement or any of the other Loan Documents, and in particular in case of the
enforcement of any of the Loan Documents, or in case Administrative Agent deems
that by reason of any present or future law of any jurisdiction it may not
exercise any of the rights, powers or remedies granted herein or in any of the
other Loan Documents or take any other action which may be desirable or
necessary in connection therewith, it may be necessary that Administrative Agent
appoint an additional individual or institution as a separate trustee,
co-trustee, collateral agent or collateral co-agent (any such additional
individual or institution being referred to herein individually as a “Supplemental Collateral Agent”
and collectively as “Supplemental Collateral
Agents”).

     

    
      
         

      

      
        -98-

        
          

        

      

      
         

      

    

    In the
event that Administrative Agent appoints a Supplemental Collateral Agent with
respect to any Collateral, (i) each and every right, power, privilege or
duty expressed or intended by this Agreement or any of the other Loan Documents
to be exercised by or vested in or conveyed to Administrative Agent with respect
to such Collateral shall be exercisable by and vest in such Supplemental
Collateral Agent to the extent, and only to the extent, necessary to enable such
Supplemental Collateral Agent to exercise such rights, powers and privileges
with respect to such Collateral and to perform such duties with respect to such
Collateral, and every covenant and obligation contained in the Loan Documents
and necessary to the exercise or performance thereof by such Supplemental
Collateral Agent shall run to and be enforceable by either Administrative Agent
or such Supplemental Collateral Agent, and (ii) the provisions of this
Section 9 and of subsections 10.2 and 10.3 that refer to Administrative Agent
shall inure to the benefit of such Supplemental Collateral Agent and all
references therein to Administrative Agent shall be deemed to be references to
Administrative Agent and/or such Supplemental Collateral Agent, as the context
may require.

     

    Should
any instrument in writing from any Loan Party be required by any Supplemental
Collateral Agent so appointed by Administrative Agent for more fully and
certainly vesting in and confirming to him or it such rights, powers, privileges
and duties, Company shall, or shall cause such Loan Party to, execute,
acknowledge and deliver any and all such instruments promptly upon request by
Administrative Agent.  In case any Supplemental Collateral Agent, or a
successor thereto, shall die, become incapable of acting, resign or be removed,
all the rights, powers, privileges and duties of such Supplemental Collateral
Agent, to the extent permitted by law, shall vest in and be exercised by
Administrative Agent until the appointment of a new Supplemental Collateral
Agent.

     

    C.           Control.  Each
Lender and Administrative Agent hereby appoint each other Lender as agent for
the purpose of perfecting Administrative Agent’s security interest in assets
that, in accordance with the UCC, can be perfected by possession or
control.

     

    
      	
               
      

            	
              9.2

            	
              Powers and Duties;
      General Immunity.

            

    

     

    A.           Powers; Duties
Specified.  Each Lender irrevocably authorizes Administrative
Agent to take such action on such Lender’s behalf and to exercise such powers,
rights and remedies hereunder and under the other Loan Documents as are
specifically delegated or granted to Administrative Agent by the terms hereof
and thereof, together with such powers, rights and remedies as are reasonably
incidental thereto.  Administrative Agent shall have only those duties
and responsibilities that are expressly specified in this Agreement and the
other Loan Documents.  Administrative Agent may exercise such powers,
rights and remedies and perform such duties by or through its agents or
employees.  Administrative Agent shall not have, by reason of this
Agreement or any of the other Loan Documents, a fiduciary relationship in
respect of any Lender or Company; and nothing in this Agreement or any of the
other Loan Documents, expressed or implied, is intended to or shall be so
construed as to impose upon Administrative Agent any obligations in respect of
this Agreement or any of the other Loan Documents except as expressly set forth
herein or therein.

     

    B.           No Responsibility for Certain
Matters.  No Agent shall be responsible to any Lender for the
execution, effectiveness, genuineness, validity, enforceability, collectibility
or sufficiency of this Agreement or any other Loan Document or for any
representations, warranties, recitals or statements made herein or therein or
made in any written or oral statements or in any financial or other statements,
instruments, reports or certificates or any other documents furnished or made by
such Agent to Lenders or by or on behalf of Company to such Agent or any Lender
in connection with the Loan Documents and the transactions contemplated thereby
or for the financial condition or business affairs of Company or any other
Person liable for the payment of any Obligations, nor shall such Agent be
required to ascertain or inquire as to the performance or observance of any of
the terms, conditions, provisions, covenants or agreements contained in any of
the Loan Documents or as to the use of the proceeds of the Loans or the use of
the Letters of Credit or as to the existence or possible existence of any Event
of Default or Potential Event of Default.  Anything contained in this
Agreement to the contrary notwithstanding, Administrative Agent shall not have
any liability arising from confirmations of the amount of outstanding Loans or
the Letter of Credit Usage or the component amounts thereof.

     

    
      
         

      

      
        -99-

        
          

        

      

      
         

      

    

    C.           Exculpatory
Provisions.  No Agent or any of its officers, directors,
employees or agents shall be liable to Lenders for any action taken or omitted
by such Agent under or in connection with any of the Loan Documents except to
the extent caused by such Agent’s gross negligence or willful misconduct (as
determined by a final non-appealable judgment of a court of competent
jurisdiction).  An Agent shall be entitled to refrain from any
discretionary act or the taking of any discretionary action (including the
failure to take an action) in connection with this Agreement or any of the other
Loan Documents or from the exercise of any discretionary power, discretion or
authority vested in it hereunder or thereunder unless and until such Agent shall
have received instructions in respect thereof from Requisite Lenders (or such
other Lenders as may be required to give such instructions under
subsection 10.6) and, upon receipt of such instructions from Requisite
Lenders (or such other Lenders, as the case may be), such Agent shall be
entitled to act or (where so instructed) refrain from acting, or to exercise
such power, discretion or authority, in accordance with such instructions; provided that no
Agent shall be required to take any action that, in its opinion or the opinion
of its counsel, may expose such Agent to liability or that is contrary to any
Loan Document or applicable law.  Without prejudice to the generality
of the foregoing, (i) each Agent shall be entitled to rely, and shall be
fully protected in relying, upon any communication (including any electronic
message, Internet or intranet website posting or other distribution), instrument
or document reasonably believed by it to be genuine and correct and to have been
signed or sent by the proper person or persons, and shall be entitled to rely
and shall be protected in relying on opinions and judgments of attorneys (who
may be attorneys for Company and its Subsidiaries), accountants, experts and
other professional advisors selected by it; and (ii) no Lender shall have
any right of action whatsoever against an Agent as a result of such Agent acting
or (where so instructed) refraining from acting under this Agreement or any of
the other Loan Documents in accordance with the instructions of Requisite
Lenders (or such other Lenders as may be required to give such instructions
under subsection 10.6).

     

    D.           Agents Entitled to Act as
Lender.  The agency hereby created shall in no way impair or
affect any of the rights and powers of, or impose any duties or obligations
upon, an Agent in its individual capacity as a Lender hereunder.  With
respect to its participation in the Loans and the Letters of Credit, an Agent
shall have the same rights and powers hereunder as any other Lender and may
exercise the same as though it were not performing the duties and functions
delegated to it hereunder, and the term “Lender” or “Lenders” or any similar
term shall, unless the context clearly otherwise indicates, include each Agent
in its individual capacity.  An Agent and its Affiliates may accept
deposits from, lend money to, acquire equity interests in and generally engage
in any kind of commercial banking, investment banking, trust, financial advisory
or other business with Company or any of its Affiliates as if it were not
performing the duties specified herein, and may accept fees and other
consideration from Company for services in connection with this Agreement and
otherwise without having to account for the same to Lenders.

     

    
      
         

      

      
        -100-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              9.3

            	
              Independent
      Investigation by Lenders; No Responsibility for Appraisal of
      Creditworthiness.

            

    

     

    Each
Lender agrees that it has made its own independent investigation of the
financial condition and affairs of Company and its Subsidiaries in connection
with the making of the Loans and the issuance of Letters of Credit hereunder and
that it has made and shall continue to make its own appraisal of the
creditworthiness of Company and its Subsidiaries.  No Agent shall have
any duty or responsibility, either initially or on a continuing basis, to make
any such investigation or any such appraisal on behalf of Lenders or to provide
any Lender with any credit or other information with respect thereto, whether
coming into its possession before the making of the Loans or at any time or
times thereafter, and no Agent shall have any responsibility with respect to the
accuracy of or the completeness of any information provided to
Lenders.

     

    
      	
               
      

            	
              9.4

            	
              Right to
      Indemnity.

            

    

     

    Each
Lender, in proportion to its Pro Rata Share, severally agrees to indemnify each
Agent and its officers, directors, employees, agents, attorneys, professional
advisors and Affiliates to the extent that any such Person shall not have been
reimbursed by Company (and without limiting Company’s obligation to do so), for
and against any and all liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses (including counsel fees and
disbursements and fees and disbursements of any financial advisor engaged by
Agents) or disbursements of any kind or nature whatsoever which may be imposed
on, incurred by or asserted against an Agent or such other Person in exercising
the powers, rights and remedies of an Agent or performing duties of an Agent
hereunder or under the other Loan Documents or otherwise in its capacity as
Agent in any way relating to or arising out of this Agreement or the other Loan
Documents; provided that no
Lender shall be liable for any portion of such liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements
of an Agent resulting solely from such Agent’s gross negligence, willful
misconduct or breach of obligations as determined by a final non-appealable
judgment of a court of competent jurisdiction.  If any indemnity
furnished to an Agent or any other such Person for any purpose shall, in the
opinion of such Agent, be insufficient or become impaired, such Agent may call
for additional indemnity and cease, or not commence, to do the acts indemnified
against until such additional indemnity is furnished.

     

    
      	
               
      

            	
              9.5

            	
              Resignation of Agents;
      Successor Administrative Agent, Collateral Agent and Swing Line
      Lender.

            

    

     

    A.           Resignation; Successor Administrative
Agent or Collateral Agent.  Any Agent may resign at any time by
giving 30 days’ prior written notice thereof to Lenders and
Company.  Upon any such notice of resignation by Administrative Agent
or Collateral Agent, Requisite Lenders shall have the right, upon ten Business
Days’ notice to Company, to appoint a successor Agent; provided that in the
case of a successor Administrative Agent, Company shall have consented thereto
(which consent shall not be required if an Event of Default has occurred and is
continuing).  If no such successor shall have been so appointed by
Requisite Lenders and shall have accepted such appointment within 30 days after
the retiring Agent gives notice of its resignation, the retiring Agent may, on
behalf of Lenders, appoint a successor Agent.  If such Agent shall
notify Lenders and Company that no Person has accepted such appointment as
successor Agent, such resignation shall nonetheless become effective in
accordance with such Agent’s notice and (i) the retiring Agent shall be
discharged from its duties and obligations under the Loan Documents, except that
any Collateral held by Collateral Agent will continue to be held by it until a
Person shall have accepted the appointment of successor Collateral Agent, and
(ii) all payments, communications and determinations provided to be made
by, to or through such Agent shall instead be made by, to or through each Lender
directly, until such time as Requisite Lenders appoint a successor Agent in
accordance with this subsection 9.5A.  Upon the acceptance of any
appointment as Agent hereunder by a successor Agent, that successor Agent shall
thereupon succeed to and become vested with all the rights, powers, privileges
and duties of the retiring Agent and the retiring Agent shall be discharged from
its duties and obligations under this Agreement (if not already discharged as
set forth above).  After any retiring Agent’s resignation hereunder,
the provisions of this Section 9 shall inure to its benefit as to any
actions taken or omitted to be taken by it while it was an Agent under this
Agreement.

     

    
      
         

      

      
        -101-

        
          

        

      

      
         

      

    

    B.           Successor Swing Line
Lender.  Any resignation of Administrative Agent pursuant to
subsection 9.5A shall also constitute the resignation of DB or its successor as
Swing Line Lender, and any successor Administrative Agent appointed pursuant to
subsection 9.5A shall, upon its acceptance of such appointment, become the
successor Swing Line Lender for all purposes hereunder.  In such event
(i) Company shall prepay any outstanding Swing Line Loans made by the retiring
Administrative Agent in its capacity as Swing Line Lender, (ii) upon such
prepayment, the retiring Administrative Agent and Swing Line Lender shall
surrender any Swing Line Note held by it to Company for cancellation, and (iii)
if so requested by the successor Administrative Agent and Swing Line Lender in
accordance with subsection 2.1E, Company shall issue a Swing Line Note to the
successor Administrative Agent and Swing Line Lender substantially in the form
of Exhibit VII
annexed hereto, in the amount of the Swing Line Loan Commitment then in effect
and with other appropriate insertions.

     

    
      	
               
      

            	
              9.6

            	
              Collateral Documents;
      Guaranty and Intercreditor
Agreement.

            

    

     

    Each
Lender (which term shall include, for purposes of this subsection 9.6, any Swap
Counterparty) hereby further authorizes Administrative Agent and Collateral
Agent, on behalf of and for the benefit of Lenders, to enter into each
Collateral Document as secured party and the Intercreditor Agreement, and to be
the agent for and representative of Lenders under each Guaranty.  Each
Lender agrees to be bound by the terms of each Collateral Document, the
Intercreditor Agreement and the Guaranty; provided that
Collateral Agent shall not (i) enter into or consent to any material amendment,
modification, termination or waiver of any provision contained in any Collateral
Document, the Intercreditor Agreement or the Guaranty or (ii) release any
Collateral (except as otherwise expressly permitted or required pursuant to the
terms of this Agreement or the applicable Collateral Document), in each case
without the prior consent of Requisite Lenders (or, if required pursuant to
subsection 10.6, all Lenders); provided further, however, that,
without further written consent or authorization from Lenders, Collateral Agent
may execute any documents or instruments necessary to (a) release any Lien
encumbering any item of Collateral that is the subject of a sale or other
disposition of assets permitted by this Agreement or to which Requisite Lenders
(or such greater number of Lenders as may be required pursuant to subsection
10.6) have otherwise consented, (b) release any Guarantor from the Guaranty
if the Capital Stock of such Guarantor is sold to any Person (other than an
Affiliate of Company) such that it no longer constitutes a Subsidiary pursuant
to a sale or other disposition permitted hereunder or to which Requisite Lenders
have (or such greater number of Lenders as may be required by subsection 10.6)
otherwise consented, (c) subordinate the Liens of Collateral Agent, on
behalf of Lenders, to any Liens permitted by clauses (ii) and (iii) of
subsection 7.2A or (d) release any Lien encumbering any Collateral that is the
subject of any Restricted Junior Payment or Investment permitted by this
Agreement or to which Requisite Lenders (or such greater number of Lenders as
may be required by subsection 10.6) have otherwise consented; provided that, in the
case of a sale of such item of Collateral or stock referred to in subdivision
(a) or (b), the requirements of subsection 10.14 are
satisfied.  Further, each Lender acknowledges that certain rights and
remedies under the Loan Documents are subject to the terms of the Intercreditor
Agreement.  Anything contained in any of the Loan Documents to the
contrary notwithstanding, Company, Administrative Agent, Collateral Agent and
each Lender hereby agree that (1) no Lender shall have any right individually to
realize upon any of the Collateral under any Collateral Document or to enforce
any Guaranty or the Intercreditor Agreement, it being understood and agreed that
all powers, rights and remedies under the Collateral Documents, the
Intercreditor Agreement and the Guaranty may be exercised solely by
Administrative Agent and/or Collateral Agent for the benefit of Lenders in
accordance with the terms thereof, and (2) in the event of a foreclosure by
Collateral Agent on any of the Collateral pursuant to a public or private sale,
Administrative Agent or any Lender may be the purchaser of any or all of such
Collateral at any such sale and Administrative Agent, as agent for and
representative of Lenders (but not any Lender or Lenders in its or their
respective individual capacities unless Requisite Lenders shall otherwise agree
in writing) shall be entitled, for the purpose of bidding and making settlement
or payment of the purchase price for all or any portion of the Collateral sold
at any such public sale, to use and apply any of the Obligations as a credit on
account of the purchase price for any Collateral payable by Administrative Agent
at such sale.

     

    
      
         

      

      
        -102-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              9.7

            	
              Duties of Other
      Agents.

            

    

     

    To the
extent that any Lender is identified in this Agreement as a co-agent,
documentation agent or syndication agent, such Lender shall not have any right,
power, obligation, liability, responsibility or duty under this Agreement other
than those applicable to all Lenders as such.  Without limiting the
foregoing, none of such Lenders shall have or be deemed to have a fiduciary
relationship with any Lender.

     

    
      	
               
      

            	
              9.8

            	
              Administrative Agent
      May File Proofs of Claim.

            

    

     

    In case
of the pendency of any receivership, insolvency, liquidation, bankruptcy,
reorganization, arrangement, adjustment, composition or other judicial
proceeding relative to any Loan Party, Administrative Agent (irrespective of
whether the principal of any Loan shall then be due and payable as herein
expressed or by declaration or otherwise and irrespective of whether
Administrative Agent shall have made any demand on Company) shall be entitled
and empowered, by intervention in such proceeding or otherwise

     

    (i)    to file and
prove a claim for the whole amount of principal and interest owing and unpaid in
respect of the Loans and any other Obligations that are owing and unpaid and to
file such other papers or documents as may be necessary or advisable in order to
have the claims of Lenders and Agents (including any claim for the reasonable
compensation, expenses, disbursements and advances of Lenders and Agents and
their agents and counsel and all other amounts due Lenders and Agents under
subsections 2.3, 10.2 and 10.3) allowed in such judicial proceeding,
and

     

    (ii)    to collect
and receive any moneys or other property payable or deliverable on any such
claims and to distribute the same;

     

    and any
custodian, receiver, assignee, trustee, liquidator, sequestrator or other
similar official in any such judicial proceeding is hereby authorized by each
Lender to make such payments to Administrative Agent and, in the event that
Administrative Agent shall consent to the making of such payments directly to
Lenders, to pay to Administrative Agent any amount due for the reasonable
compensation, expenses, disbursements and advances of Agents and their agents
and counsel, and any other amounts due Agents under subsections 2.3, 10.2 and
10.3.

     

    Nothing
herein contained shall be deemed to authorize Administrative Agent to authorize
or consent to or accept or adopt on behalf of any Lender any plan of
reorganization, arrangement, adjustment or composition affecting the Obligations
or the rights of any Lenders or to authorize Administrative Agent to vote in
respect of the claim of any Lender in any such proceeding.

     

    
      
         

      

      
        -103-

        
          

        

      

      
         

      

    

    Section
10.    MISCELLANEOUS

     

    
      	
               
      

            	
              10.1

            	
              Successors and
      Assigns; Assignments and Participations in Loans and Letters of
      Credit.

            

    

     

    A.           General.  This
Agreement shall be binding upon the parties hereto and their respective
successors and assigns and shall inure to the benefit of the parties hereto and
the successors and assigns of Lenders (it being understood that Lenders’ rights
of assignment are subject to the further provisions of this
subsection 10.1).  Neither Company’s rights nor obligations
hereunder nor any interest therein may be assigned or delegated by Company
without the prior written consent of all Lenders (and any attempted assignment
or transfer by Company without such consent shall be null and
void).  No sale, assignment or transfer or participation of any Letter
of Credit or any participation therein may be made separately from a sale,
assignment, transfer or participation of a corresponding interest in the
Revolving Loan Commitment and the Revolving Loans of the Revolving Lender
effecting such sale, assignment, transfer or participation.  Anything
contained herein to the contrary notwithstanding, except as provided in
subsection 2.1A(iii) and subsection 10.5, the Swing Line Loan
Commitment and the Swing Line Loans of Swing Line Lender may not be sold,
assigned or transferred as described below to any Person other than a successor
Administrative Agent and Swing Line Lender to the extent contemplated by
subsection 9.5.  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 Affiliates of each of Administrative Agent
and Lenders and Indemnitees) any legal or equitable right, remedy or claim under
or by reason of this Agreement.

     

    B.           Assignments.

     

    (i)    Amounts and Terms of
Assignments.  Any Lender may assign to one or more Eligible
Assignees all or any portion of its rights and obligations under this Agreement;
provided that
(a), except (1) in the case of an assignment of the entire remaining amount
of the assigning Lender’s rights and obligations under this Agreement or
(2) in the case of an assignment to a Lender or an Affiliate of a Lender or
an Approved Fund of a Lender, the aggregate amount of the Revolving Loan
Exposure or Term Loan Exposure, as the case may be, of the assigning Lender and
the assignee subject to each such assignment shall not be less than $1,000,000
(aggregating concurrent assignments to or by two or more Affiliated Funds for
the purposes of determining such minimum amount), unless each of Administrative
Agent and, so long as no Event of Default under subsection 8.1, 8.6 or 8.7 has
occurred and is continuing, Company otherwise consents (each such consent not to
be unreasonably withheld or delayed), (b) 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 Loans or
Commitments assigned, and any assignment of all or any portion of a Revolving
Loan Commitment, Revolving Loan or Letter of Credit participation shall be made
only as an assignment of the same proportionate part of the assigning Lender’s
Revolving Loan Commitment, Revolving Loans and Letter of Credit participations,
(c) the parties to each assignment shall (A) electronically execute and
deliver to Administrative Agent an Assignment Agreement via an electronic
settlement system acceptable to Administrative Agent or (B) manually execute and
deliver to Administrative Agent an Assignment Agreement, together with a
processing and recordation fee of $3,500 (unless the assignee is an Affiliate or
an Approved Fund of the assignor, in which case no fee shall be required, and
provided that
only one such processing and recordation fee shall be required in connection
with concurrent assignments to or by two or more Affiliated Funds), and the
Eligible Assignee, if it shall not already be a party to this Agreement, shall
deliver to Administrative Agent information reasonably requested by
Administrative Agent, including an administrative questionnaire and such forms,
certificates or other evidence, if any, with respect to United States federal
income Tax withholding matters as the assignee under such Assignment Agreement
may be required to deliver to Administrative Agent pursuant to subsection
2.7B(iv) and with respect to information requested under the Patriot Act, and
(d) (1) Administrative Agent, (2) with respect to assignments of Revolving
Loans and Revolving Loan Commitments, any Issuing Lender and Swing Line Lender
and (3) if no Event of Default (relating to any Event of Default described
in subsection 8.1, 8.6 or 8.7) has occurred and is continuing, Company, shall
have consented (which consents shall not be unreasonably withheld) or denied
consent thereto, which consent or denial shall be made by Company promptly (and
in any case within five Business Days after the date written notice thereof has
been delivered by the assigning Lender (through Administrative Agent)); provided that no
consent of Company shall be required (I) in the case of any assignment to a
Lender, any Affiliate of a Lender or any Approved Fund of a Lender and
(II) in connection with any assignment relating to the primary allocation
or syndication of the Loans and Commitments by DB to Persons that are either
organized under the laws of the United States or are qualified to do business in
one or more states of the United States so long as such assignment is made in
consultation with Company; provided, further, that no
consent of Administrative Agent shall be required in the case of any assignment
of Term Loans to a Lender, any Affiliate of a Lender or any Approved Fund of a
Lender.

     

    
      
         

      

      
        -104-

        
          

        

      

      
         

      

    

    Upon
acceptance and recording by Administrative Agent pursuant to clause (ii) below,
from and after the effective date specified in such Assignment Agreement,
(y) the assignee thereunder shall be a party hereto and, to the extent that
rights and obligations hereunder have been assigned to it pursuant to such
Assignment Agreement, shall have the rights and obligations of a Lender
hereunder and shall be deemed to have made all of the agreements of a Lender
contained in the Loan Documents arising out of or otherwise related to such
rights and obligations and (z) the assigning Lender thereunder shall, to
the extent that rights and obligations hereunder have been assigned by it
pursuant to such Assignment Agreement, relinquish its rights (other than any
rights which survive the termination of this Agreement under subsection 10.9B)
and be released from its obligations under this Agreement (and, in the case of
an Assignment Agreement covering all or the remaining portion of an assigning
Lender’s rights and obligations under this Agreement, such Lender shall cease to
be a party hereto; provided that,
anything contained in any of the Loan Documents to the contrary notwithstanding,
if such Lender is an Issuing Lender such Lender shall continue to have all
rights and obligations of an Issuing Lender until the cancellation or expiration
of any Letters of Credit issued by it and the reimbursement of any amounts drawn
thereunder).  The assigning Lender shall, upon the effectiveness of
such assignment or as promptly thereafter as practicable, surrender its Notes,
if any, to Administrative Agent for cancellation, and thereupon new Notes shall,
if so requested by the assignee and/or the assigning Lender in accordance with
subsection 2.1E, be issued to the assignee and/or to the assigning Lender,
substantially in the form of Exhibit V or Exhibit VI annexed
hereto, as the case may be, with appropriate insertions, to reflect the amounts
of the new Commitments and/or outstanding Revolving Loans and/or outstanding
Term Loans, as the case may be, of the assignee and/or the assigning
Lender.  Other than as provided in subsection 2.1A(iii) and subsection
10.5, any assignment or transfer by a Lender of rights or obligations under this
Agreement that does not comply with this subsection 10.1B 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 subsection 10.1C.

     

    (ii)    Acceptance by Administrative
Agent; Recordation in Register.  Upon its receipt of an
Assignment Agreement executed by an assigning Lender and an assignee
representing that it is an Eligible Assignee, together with the processing and
recordation fee referred to in subsection 10.1B(i) and any forms, certificates
or other evidence with respect to United States federal income Tax withholding
matters that such assignee may be required to deliver to Administrative Agent
pursuant to subsection 2.7B(iv), Administrative Agent shall, if Administrative
Agent and Company have consented to the assignment evidenced thereby (in each
case to the extent such consent is required pursuant to subsection 10.1B(i)),
(a) accept such Assignment Agreement by executing a counterpart thereof as
provided therein (which acceptance shall evidence any required consent of
Administrative Agent to such assignment) and (b) record the information
contained therein in the Register.  Administrative Agent shall
maintain a copy of each Assignment Agreement delivered to and accepted by it as
provided in this clause (ii).  No assignment shall be effective for
purposes of this Agreement unless it has been recorded in the Register as
provided in this clause (ii).

     

    
      
         

      

      
        -105-

        
          

        

      

      
         

      

    

    (iii)    Special Purpose Funding
Vehicles.  Notwithstanding anything to the contrary contained
herein, any Lender (a “Granting
Lender”) may grant to a special purpose funding vehicle (an “SPC”), identified as such in
writing from time to time by the Granting Lender to Administrative Agent and
Company, the option to provide to Company all or any part of any Loan that such
Granting Lender would otherwise be obligated to make to Company pursuant to this
Agreement; provided that (i)
nothing herein shall constitute a commitment by any SPC to make any Loan, and
(ii) if an SPC elects not to exercise such option or otherwise fails to provide
all or any part of such Loan, the Granting Lender shall be obligated to make
such Loan pursuant to the terms hereof.  Nothing in this clause (iv)
shall relieve the Granting Lender from its obligations under the Loan Documents
except to the extent any such obligation is fully performed by the
SPC.  The making of a Loan by an SPC hereunder shall utilize the
Commitment of the Granting Lender to the same extent, and as if, such Loan were
made by such Granting Lender.  Each party hereto hereby agrees that no
SPC shall be liable for any indemnity or similar payment obligation under this
Agreement (all liability for which shall remain with the Granting
Lender).  In furtherance of the foregoing, each party hereto hereby
agrees (which agreement shall survive the termination of this Agreement) that,
prior to the date that is one year and one day after the payment in full of all
outstanding commercial paper or other senior indebtedness of any SPC, it will
not institute against, or join any other person in instituting against, such SPC
any bankruptcy, reorganization, arrangement, insolvency or liquidation
proceedings under the laws of the United States or any state
thereof.  In addition, notwithstanding anything to the contrary
contained in this subsection 10.1B(iii), any SPC may (i) with notice to,
but without the prior written consent of, Company and Administrative Agent and
without paying any processing fee therefor, assign all or a portion of its
interests in any Loans to the Granting Lender or to any financial institutions
(consented to by Company and Administrative Agent) providing liquidity and/or
credit support to or for the account of such SPC to support the funding or
maintenance of Loans and (ii) disclose on a confidential basis any
non-public information relating to its Loans to any rating agency, commercial
paper dealer or provider of any surety, guarantee or credit or liquidity
enhancement to such SPC.  Company agrees that each SPC shall be
entitled to the benefits of subsection 2.7 (subject to the requirements and
limitations of that subsection) to the same extent as if it were a Lender and
had acquired its interest by assignment pursuant to this
subsection 10.1B.  A SPC shall not be entitled to receive any
greater payment under subsection 2.7 than the applicable Lender would have been
entitled to receive with respect to the interest granted to such SPC unless the
grant of the interest to such SPC is made with Company’s prior written
consent.  This subsection 10.1B(iii) may not be amended without the
written consent of the SPC.

     

    C.           Participations.

     

    (1)           Any
Lender may, without the consent of, or notice to, Company or Administrative
Agent, sell participations to one or more Persons (other than a natural Person
or Company or any of its Affiliates) in all or a portion of such Lender’s rights
and/or obligations under this Agreement; 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) Company,
Administrative Agent and 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
directly affecting (i) an extension of the scheduled final maturity date of
any Loan allocated to such participation, (ii) a reduction of the principal
amount of or the rate of interest payable on any Loan allocated to such
participation or (iii) an increase in the Commitment allocated to such
participation.  Subject to the further provisions of this
subsection 10.1C, Company agrees that each Participant shall be entitled to
the benefits of subsections 2.6D and 2.7 (subject to the requirements and
limitations of those subsections treating such Participant as if it were a
Lender for such purposes) to the same extent as if it were a Lender and had
acquired its interest by assignment pursuant to
subsection 10.1B.  To the extent permitted by law, each
Participant also shall be entitled to the benefits of subsection 10.4 as
though it were a Lender, provided such
Participant agrees to be subject to subsection 10.5 as though it were a
Lender.  A Participant shall not be entitled to receive any greater
payment under subsections 2.6D and 2.7 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 Company’s prior written consent.

     

    
      
         

      

      
        -106-

        
          

        

      

      
         

      

    

    (2)           Each
Lender that sells a participation shall, acting solely for this purpose as a
non-fiduciary agent of Company, maintain a register on which it enters the name
and address of each participant and the principal amounts of each participant’s
interest in the Loans held by it (the “Participant
Register”).  The entries in the Participant Register shall be
conclusive, absent manifest error, and such Lender shall treat each Person whose
name is recorded in the Participant Register as the owner of such Loan or other
obligation hereunder as the owner thereof for all purposes of this Agreement
notwithstanding any notice to the contrary.  Any such Participant
Register shall be available for inspection by Administrative Agent at any
reasonable time and from time to time upon reasonable prior notice.

     

    D.           Pledges and
Assignments.  Any Lender may, without the consent of Company or
Administrative Agent, at any time pledge or assign a security interest in all or
any portion of its Loans, and the other Obligations owed to such Lender, to
secure obligations of such Lender, including any pledge or assignment to secure
obligations to any Federal Reserve Bank and, in the case of any Lender that is a
Fund, any pledge or assignment to any holders of obligations owed, or securities
issued by such Lender, including to any trustee for, or any other representative
of, such holders; provided that
(i) no Lender shall be relieved of any of its obligations hereunder as a
result of any such assignment or pledge and (ii) in no event shall any
assignee or pledgee be considered to be a “Lender” or be entitled to require the
assigning Lender to take or omit to take any action hereunder.

     

    E.           Information.  Each
Lender may furnish any information concerning Company and its Subsidiaries in
the possession of that Lender from time to time to assignees and participants
(including prospective assignees and participants), subject to
subsection 10.19.

     

    F.           Agreements of
Lenders.  Each Lender listed on the signature pages hereof
hereby agrees, and each Lender that becomes a party hereto pursuant to an
Assignment Agreement shall be deemed to agree, (i) that it is an Eligible
Assignee described in clause (ii) of the definition thereof; (ii) that it
has experience and expertise in the making of or purchasing loans such as the
Loans; and (iii) that it will make or purchase its Loans for its own
account in the ordinary course and without a view to distribution of such Loans
within the meaning of the Securities Act or the Exchange Act or other federal
securities laws (it being understood that, subject to the provisions of this
subsection 10.1, the disposition of such Loans or any interests therein shall at
all times remain within its exclusive control).  Each Lender that
becomes a party hereto pursuant to an Assignment Agreement shall also be deemed
to represent that such Assignment Agreement constitutes a legal, valid and
binding obligation of such Lender, enforceable against such Lender in accordance
with its terms, except as enforceability may be limited by applicable
bankruptcy, insolvency, reorganization, moratorium or other similar laws
affecting creditors’ rights generally and by general principles of
equity.

     

    
      
         

      

      
        -107-

        
          

        

      

      
         

      

    

    G.           Ineligible
Assignees.  Notwithstanding the foregoing or any other
provision of this Agreement, no Lender will assign its rights and obligations
under this Agreement, or sell participations in its rights and/or obligations
under this Agreement, to any Person who is (i) listed on the Specially
Designated Nationals and Blocked Persons List maintained by the U.S. Department
of Treasury Office of Foreign Assets Control (“OFAC”) and/or on any other
similar list maintained by OFAC pursuant to any authorizing statute, executive
order or regulation or (ii) either (A) included within the term “designated
national” as defined in the Cuban Assets Control Regulations, 31 C.F.R. Part 515
or (B) designated under Section 1(a), 1(b), 1(c) or 1(d) of Executive Order No.
13224, 66 Fed. Reg. 49079 (published September 25, 2001) or similarly designated
under any related enabling legislation or any other similar executive
orders.

     

    
      	
               
      

            	
              10.2

            	
              Expenses.

            

    

     

    Whether
or not the transactions contemplated hereby shall be consummated, Company agrees
to pay promptly:  (i) all reasonable costs and expenses of
Administrative Agent, including reasonable outside attorney’s fees in connection
with the negotiation, preparation and execution of the Loan Documents and any
consents, amendments, waivers or other modifications thereto; (ii) all
reasonable costs and expenses of furnishing all opinions by counsel for Company
(including any opinions reasonably requested by Agents or Lenders as to any
legal matters arising hereunder) and of Company’s performance of and compliance
with all agreements and conditions on its part to be performed or complied with
under this Agreement and the other Loan Documents including with respect to
confirming compliance with environmental, insurance and solvency requirements;
(iii) all reasonable fees, expenses and disbursements of outside counsel to
Administrative Agent in connection with the negotiation, preparation, execution
and administration of the Loan Documents and any consents, amendments, waivers
or other modifications thereto and any other documents or matters requested by
Company; (iv) all costs and expenses of creating and perfecting Liens in
favor of Collateral Agent on behalf of Lenders pursuant to any Collateral
Document, including filing and recording fees, expenses and taxes, stamp or
documentary taxes, search fees, title insurance premiums, and reasonable fees,
expenses and disbursements of counsel to Administrative Agent, Collateral Agent
and of counsel providing any opinions that Administrative Agent, Collateral
Agent or Requisite Lenders may reasonably request in respect of the Collateral
Documents or the Liens created pursuant thereto (but without duplication of
amounts otherwise payable under subsection 2.7 and excluding Excluded Taxes);
(v) all costs and expenses (including the reasonable fees, expenses and
disbursements of any auditors, accountants or appraisers and any environmental
or other outside consultants, advisors and agents retained by Administrative
Agent or its counsel) of obtaining and reviewing any appraisals and any
environmental audits or reports provided for under subsection 6.9;
(vi) all reasonable costs and expenses incurred by Administrative Agent or
Collateral Agent in connection with the custody or preservation of any of the
Collateral; (vii) all other reasonable costs and expenses incurred by
Administrative Agent in connection with the syndication of the Commitments;
(viii) all costs and expenses, including reasonable attorneys’ fees and
fees, costs and expenses of outside accountants, advisors and consultants,
incurred by Administrative Agent, Collateral Agent and its counsel relating to
efforts to (a) during the continuance of any Event of Default evaluate or
assess any Loan Party, its business or financial condition and (b) protect,
evaluate, assess or dispose of any of the Collateral pursuant to the terms of
the Loan Documents; and (ix) all costs and expenses, including outside
attorneys’ fees, fees, costs and expenses of accountants, advisors and
consultants and costs of settlement, incurred by Administrative Agent,
Collateral Agent and Lenders (including the reasonable fees and disbursements of
one law firm for Administrative Agent, Collateral Agent and Lenders,
collectively, unless more than one counsel is required due to actual or
potential conflicts of interest in the reasonable judgment of such persons, plus
any local counsel or foreign counsel) in enforcing any Obligations of or in
collecting any payments due from any Loan Party hereunder or under the other
Loan Documents (including in connection with the sale of, collection from, or
other realization upon any of the Collateral or the enforcement of the Loan
Documents) or in connection with any refinancing or restructuring of the credit
arrangements provided under this Agreement in the nature of a “work-out” or
pursuant to any insolvency or bankruptcy proceedings.

     

    
      
         

      

      
        -108-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              10.3

            	
              Indemnity.

            

    

     

    In
addition to the payment of expenses pursuant to subsection 10.2, whether or not
the transactions contemplated hereby shall be consummated, Company agrees to
defend (subject to Indemnitees’ selection of counsel), indemnify, pay and hold
harmless Agents and Lenders (including Issuing Lenders), and the officers,
directors, trustees, employees, agents, advisors and Affiliates of Agents and
Lenders (collectively, the “Indemnitees”), from and
against any and all Indemnified Liabilities (as hereinafter defined); provided that Company
shall not have any obligation to any Indemnitee hereunder with respect to any
Indemnified Liabilities to the extent such Indemnified Liabilities arise solely
from the gross negligence, willful misconduct or breach of obligations of that
Indemnitee as determined by a final non-appealable judgment of a court of
competent jurisdiction.

     

    As used
herein, “Indemnified
Liabilities” means, collectively, any and all liabilities, obligations,
losses, damages (including natural resource damages), penalties, actions,
judgments, suits, claims (including Environmental Claims), costs (including the
costs of any investigation, study, sampling, testing, abatement, cleanup,
removal, remediation or other response action necessary to remove, remediate,
clean up or abate any Hazardous Materials Activity), expenses and disbursements
of any kind or nature whatsoever (including the reasonable fees and
disbursements of one law firm for the Lenders, unless more than one counsel is
required due to actual or potential conflicts of interest in the reasonable
judgment of an Indemnitee, plus any local counsel or foreign counsel) for
Indemnitees in connection with any investigative, administrative or judicial
proceeding commenced or threatened by any Person, whether or not any such
Indemnitee shall be designated as a party or a potential party thereto, and any
fees or expenses incurred by Indemnitees in enforcing this indemnity), whether
direct, indirect or consequential and whether based on any federal, state or
foreign laws, statutes, rules or regulations (including securities and
commercial laws, statutes, rules or regulations and Environmental Laws), on
common law or equitable cause or on contract or otherwise, that may be imposed
on, incurred by, or asserted against any such Indemnitee, in any manner relating
to or arising out of (i) this Agreement, the other Loan Documents or the Related
Agreements or the transactions contemplated hereby or thereby (including
Lenders’ agreement to make the Loans hereunder or the use or intended use of the
proceeds thereof or the issuance of Letters of Credit hereunder or the use or
intended use of any thereof, the failure of an Issuing Lender to honor a drawing
under a Letter of Credit as a result of any act or omission, whether rightful or
wrongful, of any present or future de jure or de facto Government Authority or
any enforcement of any of the Loan Documents (including any sale of, collection
from, or other realization upon any of the Collateral or the enforcement of the
Guaranty)), (ii) the representations of any Loan Party contained in the
commitment letter delivered by any Lender to Company with respect thereto, or
(iii) any Environmental Claim or any Hazardous Materials Activity relating to or
arising from, directly or indirectly, any past or present activity, operation,
land ownership, or practice of Company or any of its Subsidiaries; provided, however, that
“Indemnified Liabilities” shall exclude Excluded Taxes payable with respect to
any Tax claim under subsection 2.7 and shall be without duplication of amounts
payable under subsection 2.7.

     

    To the
extent that the undertakings to defend, indemnify, pay and hold harmless set
forth in this subsection 10.3 may be unenforceable in whole or in part because
they are violative of any law or public policy, Company shall contribute the
maximum portion that it is permitted to pay and satisfy under applicable law to
the payment and satisfaction of all Indemnified Liabilities incurred by
Indemnitees or any of them.

     

    
      
         

      

      
        -109-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              10.4

            	
              Set-Off.

            

    

     

    In
addition to any rights now or hereafter granted under applicable law and not by
way of limitation of any such rights, upon the occurrence and during the
continuation of any Event of Default each of Lenders and their Affiliates is
hereby authorized by Company at any time or from time to time, without notice to
Company or to any other Person, any such notice being hereby expressly waived,
to set off and to appropriate and to apply any and all deposits (general or
special, time or demand, provisional or final, including Indebtedness evidenced
by certificates of deposit, whether matured or unmatured, but not including
trust accounts) and any other Indebtedness at any time held or owing by that
Lender or any Affiliate of that Lender to or for the credit or the account of
Company and each other Loan Party against and on account of the Obligations of
any Loan Party to that Lender (or any Affiliate of that Lender) or to any other
Lender (or any Affiliate of any other Lender) under this Agreement, the Letters
of Credit and participations therein and the other Loan Documents, including all
claims of any nature or description arising out of or connected with this
Agreement, the Letters of Credit and participations therein or any other Loan
Document, irrespective of whether or not (i) that Lender shall have made
any demand hereunder or (ii) the principal of or the interest on the Loans
or any amounts in respect of the Letters of Credit or any other amounts due
hereunder shall have become due and payable pursuant to Section 8 and
although said obligations and liabilities, or any of them, may be contingent or
unmatured.

     

    
      	
               
      

            	
              10.5

            	
              Ratable
      Sharing.

            

    

     

    Lenders
hereby agree among themselves that if any of them shall, whether by voluntary or
mandatory payment (other than a payment or prepayment of Loans made and applied
in accordance with the terms of this Agreement), by realization upon security,
through the exercise of any right of set-off or banker’s lien, by counterclaim
or cross action or by the enforcement of any right under the Loan Documents or
otherwise, or as adequate protection of a deposit treated as cash collateral
under the Bankruptcy Code, receive payment or reduction of a proportion of the
aggregate amount of principal, interest, amounts payable in respect of Letters
of Credit, fees and other amounts then due and owing to that Lender hereunder or
under the other Loan Documents (collectively, the “Aggregate Amounts Due” to such
Lender) that is greater than the proportion received by any other Lender in
respect of the Aggregate Amounts Due to such other Lender, then the Lender
receiving such proportionately greater payment shall, unless such
proportionately greater payment is required by the terms of this Agreement,
(i) notify Administrative Agent and each other Lender of the receipt of
such payment and (ii) apply a portion of such payment to purchase
assignments (which it shall be deemed to have purchased from each seller of an
assignment simultaneously upon the receipt by such seller of its portion of such
payment) of the Aggregate Amounts Due to the other Lenders so that all such
recoveries of Aggregate Amounts Due shall be shared by all Lenders in proportion
to the Aggregate Amounts Due to them; provided that
(a) if all or part of such proportionately greater payment received by such
purchasing Lender is thereafter recovered from such Lender upon the bankruptcy
or reorganization of Company or otherwise, those purchases shall be rescinded
and the purchase prices paid for such assignments shall be returned to such
purchasing Lender ratably to the extent of such recovery, but without interest,
and (b) the foregoing provisions shall not apply to (1) any payment made by
Company pursuant to and in accordance with the express terms of this Agreement
or (2) any payment obtained by a Lender as consideration for the assignment
(other than an assignment pursuant to this subsection 10.5) of or the sale
of a participation in any of its Obligations to any Eligible Assignee or
Participant pursuant to subsection 10.1B.  Company expressly
consents to the foregoing arrangement and agrees that any purchaser of an
assignment so purchased may exercise any and all rights of a Lender as to such
assignment as fully as if that Lender had complied with the provisions of
subsection 10.1B with respect to such assignment.  In order to
further evidence such assignment (and without prejudice to the effectiveness of
the assignment provisions set forth above), each purchasing Lender and each
selling Lender agree to enter into an Assignment Agreement at the request of a
selling Lender or a purchasing Lender, as the case may be, in form and substance
reasonably satisfactory to each such Lender.

     

    
      
         

      

      
        -110-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              10.6

            	
              Amendments and
      Waivers.

            

    

     

    A.           No
amendment, modification, termination or waiver of any provision of this
Agreement or of the Notes, and no consent to any departure by Company therefrom,
shall in any event be effective without the written concurrence of Requisite
Lenders; provided that no such
amendment, modification, termination, waiver or consent shall, without the
consent of:

     

    (a)           each
Lender with Obligations directly affected (whose consent shall be sufficient for
any such amendment, modification, termination or waiver without the consent of
Requisite Lenders) (1) reduce or forgive the principal amount of any Loan, (2)
postpone the scheduled final maturity date of any Loan, or postpone the date or
reduce or forgive the amount of any scheduled payment (but not prepayment) of
principal of any Loan, (3) postpone the date or reduce the amount of any
scheduled reduction of the Revolving Loan Commitment Amount, (4) postpone the
date on which any interest or any fees are payable, (5) decrease the interest
rate borne by any Loan (other than any waiver of any increase in the interest
rate applicable to any of the Loans pursuant to subsection 2.2E, but
including, for the purpose of being a change in the interest rate, any change in
the numerical levels of any financial ratio used in determining any interest
rate), decrease the amount of any fees payable hereunder (other than any waiver
of any increase in the fees applicable to Letters of Credit pursuant to
subsection 3.2 following an Event of Default), or change in any manner
provisions herein relating to whether the interest rate borne by any Loan is
payable in cash or in kind, (6) reduce the amount or postpone the due date of
any amount payable in respect of any Letter of Credit, (7) extend the
expiration date of any Letter of Credit beyond the Revolving Loan Commitment
Termination Date, (8) extend the Revolving Commitment Termination Date, (9)
change in any manner the obligations of Revolving Lenders relating to the
purchase of participations in Letters of Credit or (10) increase the
maximum duration of Interest Periods permitted hereunder;

     

    (b)           each
Lender adversely affected thereby, (1) change in any manner the definition
of “Class” or the definition of “Pro Rata Share” or the definition of “Requisite
Class Lenders” or the definition of “Requisite Lenders” (except for any changes
resulting solely from an increase in the aggregate amount of the Commitments or
Loans of any Class approved by Requisite Lenders), (2) change in any manner any
provision of this Agreement that, by its terms, expressly requires the approval
or concurrence of all Lenders or all affected Lenders, (3) release any Lien
granted in favor of Collateral Agent with respect to all or substantially all of
the Collateral or release all or substantially all of the Guarantors from their
obligations under the Guaranty, in each case other than in accordance with the
terms of the Loan Documents, or (4) change in any manner or waive the provisions
contained in subsection 2.4B(iv)(b), subsection 2.4D, subsection 8.1,
subsection 10.5 or this subsection 10.6; or

     

    (c)           the
Requisite Class Lenders of Revolving Loans (whose consent shall be sufficient
for any amendment, modification or waiver without any further action, including
consent of the Requisite Lenders), amend, modify or waive the provisions of
subsection 7.5.

     

    B.           In
addition, no amendment, modification, termination or waiver of any provision
(i) of any Note shall be effective without the written concurrence of the
Lender which is the holder of that Note, (ii) of
subsection 2.1A(iii) or of any other provision of this Agreement
relating to the Swing Line Loan Commitment or the Swing Line Loans shall be
effective without the written concurrence of Swing Line Lender, (iii) of
Section 3 shall be effective without the written concurrence of Administrative
Agent and, with respect to the purchase of participations in Letters of Credit,
without the written concurrence of each Issuing Lender that has issued an
outstanding Letter of Credit or has not been reimbursed for a payment under a
Letter of Credit, (iv) of Section 9 or of any other provision of this
Agreement which, by its terms, expressly requires the approval or concurrence of
an Agent shall be effective without the written concurrence of such Agent,
(v) of subsection 2.4 that alters the application of any mandatory or
voluntary prepayment as between Classes without the written concurrence of
Requisite Class Lenders of each Class that is being allocated a lesser amount of
any such prepayment as a result thereof, provided that
Requisite Lenders may waive, in whole or in part, any mandatory prepayment and
Requisite Lenders (in addition to each Lender that thereby increases its
Commitment) may increase the aggregate amount of the Commitments, in each case
so long as the application, as between Classes, of any portion of such
prepayment which is still required to be made is not altered; (vi) that
increases the amount of a Commitment of a Lender shall be effective without the
consent of such Lender; and (vii) that increases the maximum amount of Letters
of Credit shall be effective without the consent of Revolving Lenders
constituting Requisite Class Lenders.

     

    
      
         

      

      
        -111-

        
          

        

      

      
         

      

    

    C.           Notwithstanding
the foregoing, this Agreement may be amended (or amended and restated) with the
written consent of the Requisite Lenders, Administrative Agent and Company (a)
to add one or more additional credit facilities to this Agreement and to permit
the extensions of credit from time to time outstanding thereunder and the
accrued interest and fees in respect thereof to share ratably in the benefits of
this Agreement and the other Loan Documents with the Term Loans and the
Revolving Loans and the accrued interest and fees in respect thereof and (b) to
include appropriately the Lenders holding such credit facilities in any
determination of the Requisite Lenders.

     

    In
addition, notwithstanding the foregoing this Agreement may be amended with the
written consent of Administrative Agent, Company and the Lenders providing the
relevant Replacement Term Loans (as defined below) to permit the refinancing of
all outstanding Term Loans (“Refinanced Term Loans”), with
a replacement term loan tranche denominated in Dollars (“Replacement Term Loans”);
provided that
(a) the aggregate principal amount of such Replacement Term Loans, shall not
exceed the aggregate principal amount of such Refinanced Term Loans, (b) the
Base Rate Margin and Eurodollar Rate Margin for such Replacement Term Loans
shall not be higher than such Margin for such Refinanced Term Loans, (c) the
weighted average life to maturity of such Replacement Term Loans, shall not be
shorter than the weighted average life to maturity of such Refinanced Term
Loans, at the time of such refinancing (except to the extent of nominal
amortization for periods where amortization has been eliminated as a result of
prepayment of the applicable Term Loans) and (d) all other terms applicable to
such Replacement Term Loans, shall be substantially identical to, or less
favorable to the Lenders providing such Replacement Term Loans, than, those
applicable to such Refinanced Term Loans, except to the extent necessary to
provide for covenants and other terms applicable to any period after the latest
final maturity of the Term Loans in effect immediately prior to such
refinancing.

     

    D.           Administrative
Agent may, but shall have no obligation to, with the concurrence of any Lender,
execute amendments, modifications, waivers or consents on behalf of that
Lender.  Any waiver or consent shall be effective only in the specific
instance and for the specific purpose for which it was given.  No
notice to or demand on Company in any case shall entitle Company to any other or
further notice or demand in similar or other circumstances.  Any
amendment, modification, termination, waiver or consent effected in accordance
with this subsection 10.6 shall be binding upon each Lender at the time
outstanding, each future Lender and, if signed by Company, on
Company.

     

    
      
         

      

      
        -112-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              10.7

            	
              Independence of
      Covenants.

            

    

     

    All
covenants hereunder shall be given independent effect so that if a particular
action or condition is not permitted by any of such covenants, the fact that it
would be permitted by an exception to, or would otherwise be within the
limitations of, another covenant shall not avoid the occurrence of an Event of
Default or Potential Event of Default if such action is taken or condition
exists.

     

    
      	
               
      

            	
              10.8

            	
              Notices; Effectiveness
      of Signatures.

            

    

     

    Unless
otherwise specifically provided herein, any notice or other communication herein
required or permitted to be given shall be in writing and may be personally
served, or sent by telefacsimile or United States mail or courier service and
shall be deemed to have been given when delivered in person or by courier
service, upon receipt of telefacsimile in complete and legible form, or three
Business Days after depositing it in the United States mail with postage prepaid
and properly addressed; provided that notices
to Administrative Agent, Collateral Agent, Swing Line Lender and any Issuing
Lender shall not be effective until received.  For the purposes
hereof, the address of each party hereto shall be as set forth under such
party’s name on the signature pages hereof or (i) as to Company,
Administrative Agent and Collateral Agent, such other address as shall be
designated by such Person in a written notice delivered to the other parties
hereto and (ii) as to each other party, such other address as shall be
designated by such party in a written notice delivered to Administrative
Agent.

     

    Electronic
mail and Internet and intranet websites may be used to distribute routine
communications, such as financial statements and other information as provided
in subsection 6.1.  Administrative Agent or Company may, in its
discretion, agree to accept notices and other communications to it hereunder by
electronic communications pursuant to procedures approved by it, provided that
approval of such procedures may be limited to particular notices or
communications.  Company hereby agrees, unless directed otherwise by
Administrative Agent or unless the electronic mail address referred to below has
not been provided by Administrative Agent to Company, that it will, or will
cause its Subsidiaries to, provide to Administrative Agent all information,
documents and other materials that it is obligated to furnish to Administrative
Agent pursuant to the Loan Documents, or to the Lenders under subsection 6.1,
including all notices, requests, financial statements, financial and other
reports, certificates and other information materials, but excluding any such
communication that (a) is or relates to a Notice of Borrowing, a Notice of
Conversion/ Continuation or a Notice of Prepayment, (b) relates to the payment
of any principal or other amount due under this Agreement prior to the scheduled
date therefor, (c) provides notice of any Potential Event of Default or Event of
Default under this Agreement or any other Loan Document or (d) is required to be
delivered to satisfy any condition precedent to the effectiveness of this
Agreement and/or the Loans (all such non-excluded communications being referred
to herein collectively as “Communications”), by
transmitting the Communications in an electronic/soft medium that is properly
identified in a format acceptable to Administrative Agent to
patricia.mcgowan@db.com (or at such other electronic mail address as directed by
Administrative Agent).  In addition, Company agrees, and agrees to
cause its Subsidiaries, to continue to provide the Communications to
Administrative Agent or the Lenders, as the case may be, in the manner specified
in the Loan Documents but only to the extent requested by Administrative
Agent.

     

    Company
further agrees that Administrative Agent may make the Communications available
to the Lenders by posting the Communications on IntraLinks or a substantially
similar electronic transmission system.

     

    Loan
Documents and notices under the Loan Documents may be transmitted and/or signed
by telefacsimile and by signatures delivered in “PDF” format by electronic
mail.  The effectiveness of any such documents and signatures shall,
subject to applicable law, have the same force and effect as an original copy
with manual signatures and shall be binding on all Loan Parties, Agents and
Lenders.  Administrative Agent may also require that any such
documents and signature be confirmed by a manually-signed copy thereof; provided, however, that the
failure to request or deliver any such manually-signed copy shall not affect the
effectiveness of any facsimile document or signature.

     

    
      
         

      

      
        -113-

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              10.9

            	
              Survival of
      Representations, Warranties and
  Agreements.

            

    

     

    A.           All
representations, warranties and agreements made herein shall survive the
execution and delivery of this Agreement and the making of the Loans and the
issuance of the Letters of Credit hereunder.

     

    B.           Notwithstanding
anything in this Agreement or implied by law to the contrary, the agreements of
Company set forth in subsections 2.6D, 2.7, 10.2, 10.3, 10.4, 10.15, 10.16,
10.17 and 10.18 and the agreements of Lenders set forth in subsections 9.2C,
9.4, 10.5, 10.15, 10.16 and 10.18 shall survive the payment of the Loans, the
cancellation or expiration of the Letters of Credit and the reimbursement of any
amounts drawn thereunder, and the termination of this Agreement.

     

    
      	
                             
      10.10

            	
              Failure or Indulgence
      Not Waiver; Remedies
Cumulative.

            

    

     

    No
failure or delay on the part of an Agent or any Lender in the exercise of any
power, right or privilege hereunder or under any other Loan Document shall
impair such power, right or privilege or be construed to be a waiver of any
default or acquiescence therein, nor shall any single or partial exercise of any
such power, right or privilege preclude other or further exercise thereof or of
any other power, right or privilege.  All rights and remedies existing
under this Agreement and the other Loan Documents are cumulative to, and not
exclusive of, any rights or remedies otherwise available.

     

    
      	
                             
      10.11

            	
              Marshalling; Payments
      Set Aside.

            

    

     

    Neither
any Agent nor any Lender shall be under any obligation to marshal any assets in
favor of Company or any other party or against or in payment of any or all of
the Obligations.  To the extent that Company makes a payment or
payments to Administrative Agent or Lenders (or to Administrative Agent for the
benefit of Lenders), or Agents or Lenders enforce any security interests or
exercise their rights of setoff, and such payment or payments or the proceeds of
such enforcement or setoff or any part thereof are subsequently invalidated,
declared to be fraudulent or preferential, set aside and/or required to be
repaid to a trustee, receiver or any other party under any bankruptcy law, any
other state or federal law, common law or any equitable cause, then, to the
extent of such recovery, the obligation or part thereof originally intended to
be satisfied, and all Liens, rights and remedies therefor or related thereto,
shall be revived and continued in full force and effect as if such payment or
payments had not been made or such enforcement or setoff had not
occurred.

     

    
      	
                             
      10.12

            	
              Severability.

            

    

     

    In case
any provision in or obligation under this Agreement or the Notes shall be
invalid, illegal or unenforceable in any jurisdiction, the validity, legality
and enforceability of the remaining provisions or obligations, or of such
provision or obligation in any other jurisdiction, shall not in any way be
affected or impaired thereby.

     

    
      	
                             
      10.13

            	
              Obligations Several;
      Independent Nature of Lenders’ Rights; Damage
    Waiver.

            

    

     

    The
obligations of Lenders hereunder are several and no Lender shall be responsible
for the obligations or Commitments of any other Lender
hereunder.  Nothing contained herein or in any other Loan Document,
and no action taken by Lenders pursuant hereto or thereto, shall be deemed to
constitute Lenders, or Lenders and Company, as a partnership, an association, a
Joint Venture or any other kind of entity.  The amounts payable at any
time hereunder to each Lender shall be a separate and independent debt, and,
subject to subsection 9.6, each Lender shall be entitled to protect and
enforce its rights arising out of this Agreement and it shall not be necessary
for any other Lender to be joined as an additional party in any proceeding for
such purpose.

     

    
      
         

      

      
        -114-

        
          

        

      

      
         

      

    

    To the
extent permitted by law, Company shall not assert, and hereby waives, any claim
against any Indemnitee, on any theory of liability, for special, indirect,
consequential or punitive damages (as opposed to direct or actual damages)
arising out of, in connection with or as a result of this Agreement (including
subsection 2.1C hereof), any other Loan Document, any transaction
contemplated by the Loan Documents, any Loan or the use of proceeds
thereof.  No Indemnitee shall be liable for any damages arising from
the use by unintended recipients of any information or other materials
distributed by it through telecommunications, electronic or other information
transmission systems in connection with the Loan Documents or the transactions
contemplated thereby.

     

    
      	
                            
      10.14

            	
              Release of Security
      Interest or Guaranty.

            

    

     

    Upon the
proposed sale or other disposition of any Collateral with an aggregate value in
excess of $500,000 in any single transaction or related series of transactions
to any Person that is permitted by this Agreement or to which Requisite Lenders
(or such greater number of Lenders as may be required pursuant to subsection
10.6) have otherwise consented, or the sale or other disposition of the Capital
Stock with an aggregate value in excess of $500,000 in any single transaction or
related series of transactions of a Guarantor such that such Guarantor ceases to
be a Subsidiary to any Person that is permitted by this Agreement or to which
Requisite Lenders (or such greater number of Lenders as may be required pursuant
to subsection 10.6) have otherwise consented (in each case other than sales or
dispositions of inventory and services in the ordinary course of business), such
Loan Party shall deliver an Officer’s Certificate (i) stating that the
Collateral or the Capital Stock subject to such disposition is being sold or
otherwise disposed of in compliance with the terms hereof and
(ii) specifying the Collateral or Capital Stock being sold or otherwise
disposed of in the proposed transaction.  Upon the receipt of such
Officer’s Certificate, Administrative Agent shall, at such Loan Party’s expense,
so long as Administrative Agent (a) has no reason to believe that the facts
stated in such Officer’s Certificate are not true and correct and (b), if the
sale or other disposition of such item of Collateral or Capital Stock
constitutes an Asset Sale, shall have received evidence satisfactory to it that
arrangements satisfactory to it have been made for delivery of the Net Asset
Sale Proceeds if and as required by subsection 2.4, promptly execute and
deliver such releases of its security interest in such Collateral or such
Guaranty, as may be reasonably requested by such Loan Party.

     

    
      	
                            
      10.15

            	
              Applicable
      Law.

            

    

     

    THIS
AGREEMENT AND THE OTHER LOAN DOCUMENTS (EXCEPT AS OTHERWISE EXPRESSLY SET FORTH
IN ANY SUCH LOAN DOCUMENT) AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
HEREUNDER AND THEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND
ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK
(INCLUDING SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW
YORK), WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THAT WOULD REQUIRE
APPLICATION OF ANOTHER LAW.

     

    
      
         

      

      
        -115-

        
          

        

      

      
         

      

    

    
      	
                            
      10.16

            	
              Construction of
      Agreement; Nature of
Relationship.

            

    

     

    Each of
the parties hereto acknowledges that (i) it has been represented by counsel
in the negotiation and documentation of the terms of this Agreement,
(ii) it has had full and fair opportunity to review and revise the terms of
this Agreement, (iii) this Agreement has been drafted jointly by all of the
parties hereto, and (iv) neither Administrative Agent nor any Lender or
other Agent has any fiduciary relationship with or duty to Company arising out
of or in connection with this Agreement or any of the other Loan Documents, and
the relationship between Administrative Agent, the other Agents and Lenders, on
one hand, and Company, on the other hand, in connection herewith or therewith is
solely that of debtor and creditor.  Accordingly, each of the parties
hereto acknowledges and agrees that the terms of this Agreement shall not be
construed against or in favor of another party.

     

    
      	
                            
      10.17

            	
              Consent to
      Jurisdiction and Service of
Process.

            

    

     

    ALL
JUDICIAL PROCEEDINGS BROUGHT AGAINST COMPANY ARISING OUT OF OR RELATING TO THIS
AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR ANY OBLIGATIONS HEREUNDER AND
THEREUNDER, MAY BE BROUGHT IN ANY STATE OR FEDERAL COURT OF COMPETENT
JURISDICTION IN THE STATE, COUNTY AND CITY OF NEW YORK.  BY EXECUTING
AND DELIVERING THIS AGREEMENT, COMPANY, FOR ITSELF AND IN CONNECTION WITH ITS
PROPERTIES, IRREVOCABLY

     

                    (I) 
ACCEPTS GENERALLY AND
UNCONDITIONALLY THE NONEXCLUSIVE JURISDICTION AND VENUE OF SUCH
COURTS;

     

                    (II)
WAIVES ANY DEFENSE OF FORUM NON
CONVENIENS;

     

                    (III)AGREES THAT SERVICE OF ALL PROCESS IN
ANY SUCH PROCEEDING IN ANY SUCH COURT MAY BE MADE BY REGISTERED OR CERTIFIED
MAIL, RETURN RECEIPT REQUESTED, TO COMPANY AT ITS ADDRESS PROVIDED IN ACCORDANCE
WITH SUBSECTION 10.8;

     

                    (IV)AGREES THAT SERVICE AS PROVIDED IN
CLAUSE (III) ABOVE IS SUFFICIENT TO CONFER PERSONAL JURISDICTION OVER COMPANY IN
ANY SUCH PROCEEDING IN ANY SUCH COURT, AND OTHERWISE CONSTITUTES EFFECTIVE AND
BINDING SERVICE IN EVERY RESPECT;

     

                    (V)
AGREES THAT LENDERS RETAIN THE
RIGHT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO BRING
PROCEEDINGS AGAINST COMPANY IN THE COURTS OF ANY OTHER JURISDICTION;
AND

     

                    (VI)AGREES THAT THE PROVISIONS OF THIS
SUBSECTION 10.17 RELATING TO JURISDICTION AND VENUE SHALL BE BINDING AND
ENFORCEABLE TO THE FULLEST EXTENT PERMISSIBLE UNDER NEW YORK GENERAL OBLIGATIONS
LAW SECTION 5-1402 OR OTHERWISE.

     

    
      	
              10.18

            	
              Waiver of Jury
      Trial.

            

    

     

    EACH
OF THE PARTIES TO THIS AGREEMENT HEREBY AGREES TO WAIVE ITS RESPECTIVE RIGHTS TO
A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS
AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS OR ANY DEALINGS BETWEEN THEM
RELATING TO THE SUBJECT MATTER OF THIS LOAN TRANSACTION OR THE LENDER/COMPANY
RELATIONSHIP THAT IS BEING ESTABLISHED.  THE SCOPE OF THIS WAIVER IS
INTENDED TO BE ALL-ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY
COURT AND THAT RELATE TO THE SUBJECT MATTER OF THIS TRANSACTION, INCLUDING
CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS AND ALL OTHER COMMON LAW AND
STATUTORY CLAIMS.  EACH PARTY HERETO ACKNOWLEDGES THAT THIS WAIVER IS
A MATERIAL INDUCEMENT TO ENTER INTO A BUSINESS RELATIONSHIP, THAT EACH HAS
ALREADY RELIED ON THIS WAIVER IN ENTERING INTO THIS AGREEMENT, AND THAT EACH
WILL CONTINUE TO RELY ON THIS WAIVER IN THEIR RELATED FUTURE
DEALINGS.  EACH PARTY HERETO FURTHER WARRANTS AND REPRESENTS THAT IT
HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL AND THAT IT KNOWINGLY AND
VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL
COUNSEL.  THIS WAIVER IS IRREVOCABLE, MEANING THAT IT MAY NOT BE
MODIFIED EITHER ORALLY OR IN WRITING (OTHER THAN BY A MUTUAL WRITTEN WAIVER
SPECIFICALLY REFERRING TO THIS SUBSECTION 10.18 AND EXECUTED BY EACH OF THE
PARTIES HERETO), AND THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS,
RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT OR ANY OF THE OTHER
LOAN DOCUMENTS OR TO ANY OTHER DOCUMENTS OR AGREEMENTS RELATING TO THE LOANS
MADE HEREUNDER.  IN THE EVENT OF LITIGATION, THIS AGREEMENT MAY BE
FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT.

     

    
      
         

      

      
        -116-

        
          

        

      

      
         

      

    

    
      	
              10.19

            	
              Confidentiality.

            

    

     

    Each
Lender shall hold all non-public information obtained pursuant to the
requirements of this Agreement or any other Loan Documents in accordance with
such Lender’s customary procedures for handling confidential information of this
nature, it being understood and agreed by Company that in any event a Lender may
make disclosures (a) to its and its Affiliates’ directors, officers,
trustees, employees and agents, including accountants, legal counsel and other
advisors in connection with the transactions hereunder (it being understood that
the Persons to whom such disclosure is made will be informed of the confidential
nature of such information and instructed to keep such information
confidential), (b) to the extent requested by any Government Authority,
(c) to the extent required by applicable laws or regulations or by any
subpoena or similar legal process, (d) to any other party to this
Agreement, (e) in connection with the exercise of any remedies hereunder or
any suit, action or proceeding relating to this Agreement or the enforcement of
rights hereunder, (f) subject to an agreement containing provisions
substantially the same as those of this subsection 10.19, to (i) any
Eligible Assignee of or participant in, or any prospective Eligible Assignee of
or Participant in, any of its rights or obligations under this Agreement, (ii)
any pledgee pursuant to subsection 10.1D or (iii) any direct or indirect
contractual counterparty or prospective counterparty (or such contractual
counterparty’s or prospective counterparty’s professional advisor) to any credit
derivative transaction relating to obligations of Company, (g) with the
consent of Company, (h) to the extent such information (i) becomes
publicly available other than as a result of a breach of this
subsection 10.19 or (ii) becomes available to Administrative Agent or
any Lender on a nonconfidential basis from a source other than Holdings or any
of its Subsidiaries, (i) to the National Association of Insurance
Commissioners or any other similar organization or any nationally recognized
rating agency that requires access to information about a Lender’s or its
Affiliates’ investment portfolio in connection with ratings issued with respect
to such Lender or its Affiliates and that no written or oral communications from
counsel to an Agent and no information that is or is designated as privileged or
as attorney work product may be disclosed to any Person unless such Person is a
Lender or a Participant hereunder, (j) to a Person that is an investor or
prospective investor in a Securitization (as defined below) that agrees that its
access to information regarding Company and the Loans is solely for purposes of
evaluating an investment in such Securitization (as defined below), or (k) to a
Person that is a trustee, collateral manager, servicer, noteholder or secured
party in a Securitization (as defined below) in connection with the
administration, servicing and reporting on the assets serving as collateral for
such Securitization; provided that, unless
specifically prohibited by applicable law or court order, each Lender shall
notify Company of any request by any Government Authority or representative
thereof (other than any such request in connection with any examination of the
financial condition of such Lender by such Government Authority) for disclosure
of any such non-public information prior to disclosure of such information; and,
provided, further, that in no
event shall any Lender be obligated or required to return any materials
furnished by Company or any of its Subsidiaries.  In addition,
(i) Administrative Agent and Lenders may disclose the existence of this
Agreement and information about this Agreement in customary marketing materials
and to market data collectors, similar service providers to the lending industry
and service providers to Administrative Agent and Lenders, and
(ii) Administrative Agent or any of its Affiliates may place customary
“tombstone” advertisements relating hereto in publications (including
publications circulated or otherwise made available in electronic form) of its
choice at its own expense, in the case of each of clauses (i) and (ii) including
information such as the identity and titles of the parties hereto, the types and
amounts of the facilities provided herein and other general information relating
hereto, but not the express terms and conditions of the covenants and other
agreements contained herein.  For purposes hereof, “Securitization” means a public
or private offering by a Lender or any of its Affiliates or their respective
successors and assigns, of securities which represent an interest in, or which
are collateralized, in whole or in part, by the Loans and the Loan
Documents.

     

    
      
         

      

      
        -117-

        
          

        

      

      
         

      

    

    
      	
              10.20

            	
              Counterparts;
      Effectiveness.

            

    

     

    This
Agreement and any amendments, waivers, consents or supplements hereto or in
connection herewith may be executed in any number of counterparts and by
different parties hereto in separate counterparts, each of which when so
executed and delivered shall be deemed an original, but all such counterparts
together shall constitute but one and the same instrument; signature pages may
be detached from multiple separate counterparts and attached to a single
counterpart so that all signature pages are physically attached to the same
document.  This Agreement shall become effective upon the execution of
a counterpart hereof by each of the parties hereto.

     

    Notwithstanding
anything herein to the contrary, information required to be treated as
confidential by reason of the foregoing shall not include, and Administrative
Agent and each Lender may disclose to any and all Persons, without limitation of
any kind, any information with respect to United States federal income tax
treatment and United States federal income tax structure of the transactions
contemplated hereby and all materials of any kind (including opinions or other
tax analyses) that are provided to Administrative Agent or such Lender relating
to such tax treatment and tax structure.

     

    
      	
              10.21

            	
              USA Patriot
      Act.

            

    

     

    Each
Lender hereby notifies Company that pursuant to the requirements of the Patriot
Act, it is required to obtain, verify and record information that identifies
Loan Parties, which information includes the name and address of each Loan Party
and other information that will allow such Lender to identify such Loan Party in
accordance with the Patriot Act.

     

    [Remainder
of page intentionally left blank]

    
      
         

      

      
        -118-

        
          

        

      

      
         

      

    

     

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

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    
                                                                      
                                                                        
                                                                          
                                                                            
                                                                              
                                                                                
                                                                                  	 
      	
                                                                                          COMPANY:

                                                                                        
	 	 
	 	 
	 
      	
                                                                                          INTRALINKS,
      INC.

                                                                                        
	 	 
	 	 
	 
      	
                                                                                          By:

                                                                                        	
                                                                                           /s/ Gary Hirsch

                                                                                        
	 
      	 
      	
                                                                                          Name:
      Gary Hirsch

                                                                                        
	 
      	 
      	
                                                                                          Title:
      Senior Vice President and Secretary

                                                                                        
	 	 
	 	 
	 
      	
                                                                                          Notice
      Address:

                                                                                        
	 	 
	 	 
	 
      	 
      	
                                                                                          IntraLinks,
      Inc.

                                                                                        
	 
      	 
      	
                                                                                          1372
      Broadway, 11th Floor

                                                                                        
	 
      	 
      	
                                                                                          New
      York, NY 10018

                                                                                        
	 
      	 
      	
                                                                                          Attention:

                                                                                        	
                                                                                          Gary
      Hirsh, Esq.

                                                                                        
	 
      	 
      	
                                                                                          Telephone:

                                                                                        	
                                                                                          (212)
      543-7735

                                                                                        
	 
      	 
      	
                                                                                          Facsimile:

                                                                                        	
                                                                                          (212)
      543-7801

                                                                                        
	 	 
	 	 
	 
      	
                                                                                          with
      a copy to:

                                                                                        
	 	 
	 	 
	 
      	 
      	
                                                                                          Goodwin
      Procter LLP

                                                                                        
	 
      	 
      	
                                                                                          Exchange
      Place

                                                                                        
	 
      	 
      	
                                                                                          53
      State Street

                                                                                        
	 
      	 
      	
                                                                                          Boston,
      MA  02109

                                                                                        
	 
      	 
      	
                                                                                          Attention:

                                                                                        	
                                                                                          Edward
      Matson Sibble, Esq.

                                                                                        
	 
      	 
      	
                                                                                          Telephone:

                                                                                        	
                                                                                          (617)
      570-1000

                                                                                        
	 
      	 
      	
                                                                                          Facsimile:

                                                                                        	
                                                                                          (617)
      523-1231

                                                                                        

                                                                                

                                                                              

                                                                            

                                                                          

                                                                        

                                                                      

                                                                    

                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

       

      First Lien
Credit Agreement

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    
                                                                      
                                                                        
                                                                          
                                                                            
                                                                              
                                                                                
                                                                                  
                                                                                    
                                                                                      
                                                                                        
                                                                                          
                                                                                            
                                                                                              
                                                                                                
                                                                                                  
                                                                                                    
                                                                                                      
                                                                                                        	 
      	
                                                                                                                HOLDINGS:

                                                                                                              
	 	 
	 	 
	 
      	
                                                                                                                TA
      INDIGO HOLDING CORPORATION

                                                                                                              
	 	 
	 	 
	 
      	
                                                                                                                By:

                                                                                                              	
                                                                                                                 /s/ Harry D.
Taylor

                                                                                                              
	 
      	 
      	
                                                                                                                Name:
      Harry D. Taylor

                                                                                                              
	 
      	 
      	
                                                                                                                Title:
      Senior Vice President

                                                                                                              
	 	 
	 	 
	 
      	
                                                                                                                Notice
      Address:

                                                                                                              
	 	 
	 	 
	 
      	 
      	
                                                                                                                TA
      Indigo Holding Corporation

                                                                                                              
	 
      	 
      	
                                                                                                                c/o
      TA Associates

                                                                                                              
	 
      	 
      	
                                                                                                                John
      Hancock Tower

                                                                                                              
	 
      	 
      	
                                                                                                                200
      Clarendon Street

                                                                                                              
	 
      	 
      	
                                                                                                                Boston,
      MA 02116

                                                                                                              
	 
      	 
      	
                                                                                                                Attention:

                                                                                                              	
                                                                                                                Harry
      Taylor

                                                                                                              
	 
      	 
      	
                                                                                                                Telephone:

                                                                                                              	
                                                                                                                (617)
      574-6767

                                                                                                              
	 
      	 
      	
                                                                                                                Facsimile:

                                                                                                              	
                                                                                                                (617)
      574-6728

                                                                                                              
	 	 	 
	 	 	 
	 
      	
                                                                                                                and

                                                                                                              	 
      
	 	 	 
	 	 	 
	 
      	 
      	
                                                                                                                TA
      Indigo Holding Corporation

                                                                                                              
	 
      	 
      	
                                                                                                                c/o
      Rho Capital Partners

                                                                                                              
	 
      	 
      	
                                                                                                                Carnegie
      Hall Tower

                                                                                                              
	 
      	 
      	
                                                                                                                152
      West 57th Street

                                                                                                              
	 
      	 
      	
                                                                                                                New
      York, NY 10019

                                                                                                              
	 
      	 
      	
                                                                                                                Attention:

                                                                                                              	
                                                                                                                Skip
      Besthoff

                                                                                                              
	 
      	 
      	
                                                                                                                Telephone:

                                                                                                              	
                                                                                                                (212)
      784-8863

                                                                                                              
	 
      	 
      	
                                                                                                                Facsimile:

                                                                                                              	
                                                                                                                (212)
      751-5613

                                                                                                              
	 	 
	 	 
	 
      	
                                                                                                                with
      a copy to:

                                                                                                              
	 	 
	 	 
	 
      	 
      	
                                                                                                                Goodwin
      Procter LLP

                                                                                                              
	 
      	 
      	
                                                                                                                Exchange
      Place

                                                                                                              
	 
      	 
      	
                                                                                                                53
      State Street

                                                                                                              
	 
      	 
      	
                                                                                                                Boston,
      MA  02109

                                                                                                              
	 
      	 
      	
                                                                                                                Attention:

                                                                                                              	
                                                                                                                Edward
      Matson Sibble, Esq.

                                                                                                              
	 
      	 
      	
                                                                                                                Telephone:

                                                                                                              	
                                                                                                                (617)
      570-1000

                                                                                                              
	 
      	 
      	
                                                                                                                Facsimile:

                                                                                                              	
                                                                                                                (617)
      523-1231

                                                                                                              

                                                                                                      

                                                                                                    

                                                                                                  

                                                                                                

                                                                                              

                                                                                            

                                                                                          

                                                                                        

                                                                                      

                                                                                    

                                                                                  

                                                                                

                                                                              

                                                                            

                                                                          

                                                                        

                                                                      

                                                                    

                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

       

      First Lien
Credit Agreement

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    
                                                                      
                                                                        
                                                                          
                                                                            
                                                                              
                                                                                
                                                                                  
                                                                                    
                                                                                      	 
      	
                                                                                              AGENTS
      AND SWING LINE LENDER:

                                                                                            
	 	 
	 	 
	 
      	
                                                                                              DEUTSCHE
      BANK TRUST COMPANY

                                                                                              AMERICAS, individually
      and as Administrative Agent, Collateral Agent and Swing Line
      Lender

                                                                                            
	 	 
	 	 
	 
      	
                                                                                              By:

                                                                                            	
                                                                                               /s/ Paul O’Leary

                                                                                            
	 
      	 
      	
                                                                                              Name:
      Paul O’Leary

                                                                                            
	 
      	 
      	
                                                                                              Title:
      Vice President

                                                                                            
	 	 	 
	 
      	
                                                                                              By:

                                                                                            	
                                                                                               /s/ Marcus M.
    Tarkington

                                                                                            
	 
      	 
      	
                                                                                              Name:
      Marcus M. Tarkington

                                                                                            
	 
      	 
      	
                                                                                              Title:
      Director

                                                                                            
	 	 
	 	 
	 
      	
                                                                                              Notice
      Address for Administrative Agent or Collateral Agent (to be used for all
      notices other than notices from Company pursuant to Sections 2 and
      3):

                                                                                            
	 	 
	 	 
	 
      	 
      	
                                                                                              60
      Wall Street

                                                                                            
	 
      	 
      	
                                                                                              M.S.
      NYC60-0208

                                                                                            
	 
      	 
      	
                                                                                              New
      York, NY  10005

                                                                                            
	 
      	 
      	
                                                                                              Attention:

                                                                                            	
                                                                                              Paul
      O’Leary

                                                                                            
	 
      	 
      	
                                                                                              Telephone:

                                                                                            	
                                                                                              (212)
      250-6133

                                                                                            
	 
      	 
      	
                                                                                              Facsimile:

                                                                                            	
                                                                                              (212)
      797-5690

                                                                                            
	 	 
	 	 
	 
      	
                                                                                              Notice
      Address for Administrative Agent and Swing Line Lender (to be used solely
      for notices from Company pursuant to Section 2):

                                                                                            
	 	 
	 	 
	 
      	 
      	
                                                                                              100
      Plaza One

                                                                                            
	 
      	 
      	
                                                                                              Jersey
      City, NJ  07311

                                                                                            
	 
      	 
      	
                                                                                              Attention:

                                                                                            	
                                                                                              Jim
      Cullen, Deal Administration

                                                                                            
	 
      	 
      	
                                                                                              Telephone:

                                                                                            	
                                                                                              (201)
      593-2180

                                                                                            
	 
      	 
      	
                                                                                              Facsimile:

                                                                                            	
                                                                                              (201)
      593-2308

                                                                                            

                                                                                    

                                                                                  

                                                                                

                                                                              

                                                                            

                                                                          

                                                                        

                                                                      

                                                                    

                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

       

      First Lien
Credit Agreement

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    
                                                                      
                                                                        
                                                                          
                                                                            
                                                                              
                                                                                
                                                                                  
                                                                                    
                                                                                      
                                                                                        
                                                                                          
                                                                                            
                                                                                              
                                                                                                
                                                                                                  
                                                                                                    
                                                                                                      
                                                                                                        
                                                                                                          
                                                                                                            
                                                                                                              
                                                                                                                
                                                                                                                  
                                                                                                                    
                                                                                                                      
                                                                                                                        
                                                                                                                          
                                                                                                                            	 
      	
                                                                                                                                    ISSUING
      LENDERS:

                                                                                                                                  
	 	 
	 	 
	 
      	
                                                                                                                                    DEUTSCHE
      BANK TRUST COMPANY

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    AMERICAS,
      as an Issuing Lender for Commercial Letters of Credit

                                                                                                                                  
	 	 	 
	 	 	 
	 
      	
                                                                                                                                    By:

                                                                                                                                  	
                                                                                                                                     /s/ Paul O’Leary

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Name:
      Paul O’Leary

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Title:
      Vice President

                                                                                                                                  
	 	 	 
	 	 	 
	 
      	
                                                                                                                                    By:

                                                                                                                                  	
                                                                                                                                     /s/ Marcus M.
    Tarkington

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Name:
      Marcus M. Tarkington

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Title:
      Director

                                                                                                                                  
	 	 
	 	 
	 
      	
                                                                                                                                    Notice
      Address:

                                                                                                                                  
	 	 
	 	 
	 
      	 
      	
                                                                                                                                    60
      Wall Street, 25th
      Floor

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    New
      York, NY  10005

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Attention:

                                                                                                                                  	
                                                                                                                                    Lynn
      Nicaretta, Trade and Risk Services

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Telephone:

                                                                                                                                  	
                                                                                                                                    (212)
      250-9631

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Facsimile:

                                                                                                                                  	
                                                                                                                                    (212)
      797-0780

                                                                                                                                  
	 	 
	 	 
	 
      	
                                                                                                                                    DEUTSCHE
      BANK AG, NEW YORK BRANCH,

                                                                                                                                    as
      an Issuing Lender for Standby Letters of Credit

                                                                                                                                  
	 	 
	 	 
	 
      	
                                                                                                                                    By:

                                                                                                                                  	
                                                                                                                                     /s/ Paul O’Leary

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Name:
      Paul O’Leary

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Title:
      Vice President

                                                                                                                                  
	 	 	 
	 	 	 
	 
      	
                                                                                                                                    By:

                                                                                                                                  	
                                                                                                                                     /s/ Marcus M.
    Tarkington

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Name:
      Marcus M. Tarkington

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Title:
      Director

                                                                                                                                  
	 	 
	 	 
	 
      	
                                                                                                                                    Notice
      Address:

                                                                                                                                  
	 	 
	 	 
	 
      	 
      	
                                                                                                                                    60
      Wall Street, 38th Floor

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    New
      York, NY  10005

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Attention:

                                                                                                                                  	
                                                                                                                                    Everardus
      (Joe) Rozing, Standby Letters of Credit

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Telephone:

                                                                                                                                  	
                                                                                                                                    (212)
      250-1014

                                                                                                                                  
	 
      	 
      	
                                                                                                                                    Facsimile:

                                                                                                                                  	
                                                                                                                                    (212)
      797-0403

                                                                                                                                  

                                                                                                                          

                                                                                                                        

                                                                                                                      

                                                                                                                    

                                                                                                                  

                                                                                                                

                                                                                                              

                                                                                                            

                                                                                                          

                                                                                                        

                                                                                                      

                                                                                                    

                                                                                                  

                                                                                                

                                                                                              

                                                                                            

                                                                                          

                                                                                        

                                                                                      

                                                                                    

                                                                                  

                                                                                

                                                                              

                                                                            

                                                                          

                                                                        

                                                                      

                                                                    

                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

       

      First Lien
Credit Agreement

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    
                                                                      
                                                                        
                                                                          
                                                                            
                                                                              
                                                                                
                                                                                  
                                                                                    
                                                                                      
                                                                                        
                                                                                          
                                                                                            
                                                                                              
                                                                                                
                                                                                                  
                                                                                                    
                                                                                                      
                                                                                                        
                                                                                                          
                                                                                                            
                                                                                                              
                                                                                                                
                                                                                                                  
                                                                                                                    
                                                                                                                      
                                                                                                                        
                                                                                                                          
                                                                                                                            
                                                                                                                              	 
      	
                                                                                                                                      LENDERS:

                                                                                                                                    
	 	 
	 	 
	 
      	
                                                                                                                                      DEUTSCHE
      BANK TRUST COMPANY

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      AMERICAS,
      as a Lender

                                                                                                                                    
	 	 	 
	 	 	 
	 
      	
                                                                                                                                      By:

                                                                                                                                    	
                                                                                                                                       /s/ Paul O’Leary

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Name:
      Paul O’Leary

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Title:
      Vice President

                                                                                                                                    
	 	 	 
	 	 	 
	 
      	
                                                                                                                                      By:

                                                                                                                                    	
                                                                                                                                       /s/ Marcus M.
    Tarkington

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Name:
      Marcus M. Tarkington

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Title:
      Director

                                                                                                                                    
	 	 
	 	 
	 
      	
                                                                                                                                      Notice
      Address:

                                                                                                                                    
	 	 
	 	 
	 
      	 
      	
                                                                                                                                      100
      Plaza One

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Jersey
      City, NJ  07311

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Attention:

                                                                                                                                    	
                                                                                                                                      Jim
      Cullen, Deal Administration

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Telephone:

                                                                                                                                    	
                                                                                                                                      (201)
      593-2180

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Facsimile:

                                                                                                                                    	
                                                                                                                                      (201)
      593-2308

                                                                                                                                    
	 
      	 
      	 
      	 
      
	 	 	 	 
	 
      	
                                                                                                                                      CREDIT SUISSE, CAYMAN ISLANDS
      BRANCH,

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      as
      a Lender

                                                                                                                                    
	 	 	 
	 	 	 
	 
      	
                                                                                                                                      By:

                                                                                                                                    	
                                                                                                                                       /s/ Phillip Ho

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Name:
      Phillip Ho

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Title:
      Director

                                                                                                                                    
	 	 	 
	 	 	 
	 
      	
                                                                                                                                      By:

                                                                                                                                    	
                                                                                                                                       /s/ Shaheen Malik

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Name:
      Shaheen Malik

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Title:
      Associate

                                                                                                                                    
	 	 
	 	 
	 
      	
                                                                                                                                      Notice
      Address:

                                                                                                                                    
	 	 
	 	 
	 
      	 
      	
                                                                                                                                      Eleven
      Madison Avenue

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      New
      York, NY  10010

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Attention:

                                                                                                                                    	
                                                                                                                                      Fay
      Rollins

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Telephone:

                                                                                                                                    	
                                                                                                                                      (212)
      325-9041

                                                                                                                                    
	 
      	 
      	
                                                                                                                                      Facsimile:

                                                                                                                                    	
                                                                                                                                      (212)
      325-8315

                                                                                                                                    

                                                                                                                            

                                                                                                                          

                                                                                                                        

                                                                                                                      

                                                                                                                    

                                                                                                                  

                                                                                                                

                                                                                                              

                                                                                                            

                                                                                                          

                                                                                                        

                                                                                                      

                                                                                                    

                                                                                                  

                                                                                                

                                                                                              

                                                                                            

                                                                                          

                                                                                        

                                                                                      

                                                                                    

                                                                                  

                                                                                

                                                                              

                                                                            

                                                                          

                                                                        

                                                                      

                                                                    

                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

       

      First Lien
Credit Agreement

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                	 
      	
                                                        ING CAPITAL
      LLC,

                                                      
	 
      	 
      	
                                                        as
      a Lender

                                                      
	 	 	 
	 	 	 
	 
      	
                                                        By:

                                                      	
                                                         /s/ Lawrence P.
  Eyink

                                                      
	 
      	 
      	
                                                        Name:
      Lawrence P. Eyink

                                                      
	 
      	 
      	
                                                        Title:
      Director

                                                      
	 	 
	 	 
	 
      	
                                                        Notice
      Address:

                                                      
	 	 
	 	 
	 
      	 
      	
                                                        1325
      Avenue of the Americas

                                                      
	 
      	 
      	
                                                        New
      York, NY  10019

                                                      
	 
      	 
      	
                                                        Attention:

                                                      	
                                                        Lawrence
      Eyink

                                                      
	 
      	 
      	
                                                        Telephone:

                                                      	
                                                        (624)
      424-6835

                                                      
	 
      	 
      	
                                                        Facsimile:

                                                      	
                                                        (646)
      424-6854

                                                      

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

       

      First Lien
Credit Agreement

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    
      
 

      EXHIBIT
I

       

      [FORM
OF] NOTICE OF BORROWING

       

      DATED:  ____________

       

      Pursuant
to that certain First Lien Credit Agreement dated as of June
[   ], 2007, as amended, supplemented or otherwise modified
through the date hereof (said First Lien Credit Agreement, as so amended,
supplemented or otherwise modified, being the “Credit Agreement”, the terms
defined therein and not otherwise defined herein being used herein as therein
defined), by and among IntraLinks, Inc., a Delaware corporation (“Company”), TA Indigo Holding
Corporation, a Delaware corporation (“Holdings”), the financial
institutions listed therein as Lenders (“Lenders”), Deutsche Bank
Securities Inc. and Credit Suisse Securities (USA) LLC as Joint Lead Arrangers
and Joint Bookrunners (the “Arrangers”), Deutsche Bank
Trust Company Americas (“DB”), as administrative agent
for Lenders (in such capacity, “Administrative Agent”) and as collateral
agent for Lenders (in such capacity, “Collateral Agent”) and as syndication
agent, and ING Capital LLC, as documentation agent, this represents Company’s
request to borrow as follows:

       

      
        
          
            
              
                
                  
                    	 
      	
                            1.

                          	
                            Date of
      borrowing:  _______________, ____

                          
	 
      	 
      	 
      	 
      
	 
      	
                            2.

                          	
                            Amount of
      borrowing:  $___________________

                          
	 
      	 
      	 
      	 
      
	 
      	
                            3.

                          	
                            Lender(s):

                          
	 
      	 
      	 
      	 
      
	 
      	 
      	
                            [  ]
      a.

                          	
                            Lenders,
      in accordance with their applicable Pro Rata Shares

                          
	 
      	 
      	 
      	 
      
	 
      	 
      	
                            [  ]
      b.

                          	
                            Swing
      Line Lender

                          
	 
      	 
      	 
      	 
      
	 
      	
                            4.

                          	
                            Type of
      Loans:

                          
	 
      	 
      	 
      	 
      
	 
      	 
      	
                            [  ]
      a.

                          	
                            Term
      Loans

                          
	 
      	 
      	 
      	 
      
	 
      	 
      	
                            [  ]
      b.

                          	
                            Revolving
      Loans

                          
	 
      	 
      	 
      	 
      
	 
      	 
      	
                            [  ]
      c.

                          	
                            Swing
      Line Loan

                          
	 
      	 
      	 
      	 
      
	 
      	
                            5.

                          	
                            Interest rate
      option:

                          
	 
      	 
      	 
      	 
      
	 
      	 
      	
                            [  ]
      a.

                          	
                            Base
      Rate Loan(s)

                          
	 
      	 
      	 
      	 
      
	 
      	 
      	
                            [  ]
      b.

                          	
                            Eurodollar
      Rate Loans with an initial Interest Period of ____________
      month(s)

                          

                  

                

              

            

          

        

      

       

      The
proceeds of such Loans are to be deposited in Company’s account at
_________________.

       

      
        
          
            

             

            I-1

            Notice of
Borrowing

          

           

        

        
           

          
            

          

        

        
           

        

      

      

       

      The
undersigned officer, to the best of his or her knowledge, certifies on behalf of
Company that:

       

                      (i)The [Specified Representations]1 [representations and
warranties] contained in the Credit Agreement and the other Loan Documents are
true and correct in all material respects (except that any representation and
warranty that is qualified as to “materiality” or “Material Adverse Effect”
shall be true and correct in all respects) on and as of the date hereof to the
same extent as though made on and as of the date hereof, except to the extent
such representations and warranties specifically relate to an earlier date, in
which case such representations and warranties were true and correct in all
material respects on and as of such earlier date;

       

                      (ii)[the representations made by or with
respect to the Target in the Merger Agreement that are material to the interests
of the Lenders are true and correct in all material respects (except that any
representation and warranty that is qualified as to “materiality” or “Company
Material Adverse Effect” shall be true and correct in all respects) as of the
date of the Merger Agreement (except to the extent such representations and
warranties speak as of an earlier date, in which case such representations and
warranties shall have been true and correct in all material respects (except
that any representation and warranty that is qualified as to “materiality” or
“Company Material Adverse Effect” shall be true and correct in all respects) on
and as of such earlier date) and as of the Closing Date, as though made on and
as of the Closing Date] 2; and

       

                      (iii)No event has occurred and is
continuing or would result from the consummation of the borrowing contemplated
hereby that would constitute an Event of Default or a Potential Event of
Default.

       

      

       

      
        
          
            
              
                
                  
                    	 
      	
                            TA INDIGO HOLDING
      CORPORATION

                          
	 	 	 
	 	 	 
	 
      	
                            By:

                          	 
      
	 
      	 
      	
                            Name:

                          
	 
      	 
      	
                            Title:]
      3

                          

                  

                

              

            

          

        

      

       

      

       

      

        
          

        

      

        
        
          	
                  1

                	
                  This
      language should be selected only in connection with the borrowing on the
      Closing Date.

                

        

         

      

      
        
          
            	
                    2

                  	
                    This
      language should be selected only in connection with the borrowing on the
      Closing Date.

                  
	 	 
	3	To
      be executed by TA Indigo Holding Corporation with respect to Borrowings on
      the Closing Date.

          

        

         

      

        
         

      

      
        
          
            

             

            I-2

            Notice of
Borrowing

          

           

        

        
           

          
            

          

        

        
           

        

      

       

       

      
         

        
          
            
              
                
                  
                    
                      	 
      	
                              
                                INTRALINKS,
      INC.

                              

                            
	 	 	 
	 	 	 
	 
      	
                              By:

                            	 
      
	 
      	 
      	
                              Name:

                            
	 
      	 
      	
                              Title:] 4

                            

                    

                  

                

              

            

          

        

      

      

        
          

        

      

        
        
          	
                  4

                	
                  To
      be executed by IntraLinks, Inc. with respect to Borrowings after the
      Closing Date.

                

        

         

      

      
        
          
            

             

            I-3

            Notice of
Borrowing

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
II

       

      [FORM
OF] NOTICE OF CONVERSION/CONTINUATION

       

      DATED:  ____________

       

      Pursuant
to that certain First Lien Credit Agreement dated as of
June  [   ], 2007, as amended, supplemented or
otherwise modified to the date hereof (said First Lien Credit Agreement, as so
amended, supplemented or otherwise modified, being the “Credit Agreement”, the terms
defined therein and not otherwise defined herein being used herein as therein
defined), by and among IntraLinks, Inc., a Delaware corporation (“Company”), TA Indigo Holding
Corporation, a Delaware corporation, the financial institutions listed therein
as Lenders, Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC
as Joint Lead Arrangers and Joint Bookrunners (the “Arrangers”), Deutsche Bank
Trust Company Americas (“DB”), as administrative agent
for Lenders (in such capacity, “Administrative Agent”) and as collateral
agent for Lenders (in such capacity, “Collateral Agent”) and as syndication
agent, and ING Capital LLC, as documentation agent, this represents Company’s
request to convert or continue Loans as follows:

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      	 
      	
                                              1.

                                            	
                                              Date
      of conversion/continuation:  _______________,
    ____

                                            
	 	 	 	 
	 
      	
                                              2.

                                            	
                                              Amount
      of Loans being
      converted/continued:  $___________________

                                            
	 	 	 	 
	 
      	
                                              3.

                                            	
                                              Type
      of Loans being converted/continued:

                                            
	 	 	 	 
	 
      	 
      	
                                              [  ]
      a.

                                            	
                                              Term
      Loans

                                            
	 	 	 	 
	 
      	 
      	
                                              [  ]
      b.

                                            	
                                              Revolving
      Loans

                                            
	 	 	 	 
	 
      	
                                              4.

                                            	
                                              Nature
      of conversion/continuation:

                                            
	 	 	 	 
	 
      	 
      	
                                              [  ]
      a.

                                            	
                                              Conversion
      of Base Rate Loans to Eurodollar Rate Loans

                                            
	 	 	 	 
	 
      	 
      	
                                              [  ]
      b.

                                            	
                                              Conversion
      of Eurodollar Rate Loans to Base Rate Loans

                                            
	 	 	 	 
	 
      	 
      	
                                              [  ]
      c.

                                            	
                                              Continuation
      of Eurodollar Rate Loans as such

                                            
	 	 	 	 
	 
      	
                                              5.

                                            	
                                              If
      Loans are being continued as or converted to Eurodollar Rate Loans, the
      duration of the new Interest Period that commences on the
      conversion/continuation date:  _______________
      month(s)

                                            

                                    

                                  

                                

                              

                            

                          

                        

                         

                      

                    

                  

                

              

            

          

        

      

      In the
case of a conversion to or continuation of Eurodollar Rate Loans, the
undersigned officer, to the best of his or her knowledge, certifies on behalf of
the Company that no Event of Default has occurred and is continuing under the
Credit Agreement.

      .

       

      
        
          
            

             

            II-1

            Notice of
Conversion/Continuation

          

           

        

        
           

          
            

          

        

        
           

        

      

       

      
        
           

          
            
              
                
                  
                    
                      
                        	 
      	
                                
                                  INTRALINKS,
      INC.

                                

                              
	 	 	 
	 	 	 
	 
      	
                                By:

                              	 
      
	 
      	 
      	
                                Name:

                              
	 
      	 
      	
                                Title:

                              

                      

                    

                  

                

              

            

          

        

        

      

      
        
          
            

             

            I-2

            Notice of
Borrowing

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
III

       

      

       

      [FORM
OF] REQUEST FOR ISSUANCE

       

      DATED:  ____________

       

      Pursuant
to that certain First Lien Credit Agreement dated as of June
[   ], 2007, as amended, supplemented or otherwise modified to
the date hereof (said First Lien Credit Agreement, as so amended, supplemented
or otherwise modified, being the “Credit Agreement”, the terms
defined therein and not otherwise defined herein being used herein as therein
defined), by and among IntraLinks, Inc., a Delaware corporation (“Company”), TA Indigo Holding
Corporation, a Delaware corporation, the financial institutions listed therein
as Lenders, Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC
as Joint Lead Arrangers and Joint Bookrunners (the “Arrangers”), Deutsche Bank
Trust Company Americas (“DB”), as administrative agent
for Lenders (in such capacity, “Administrative Agent”) and as collateral
agent for Lenders (in such capacity, “Collateral Agent”) and as syndication
agent, and ING Capital LLC, as documentation agent, this represents Company’s
request for the issuance of a Letter of Credit by Deutsche Bank Trust Company
Americas as follows:

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            	 
      	
                                                                    1.

                                                                  	Issuing
      Lender: [Administrative
      Agent]
	 
      	 
      	 
      	
                                                                    [_________________________________]

                                                                  
	 	 	 
	 
      	
                                                                    2.

                                                                  	
                                                                    Date of issuance of
      Letter of Credit:  ________________,
    ________

                                                                  
	 	 	 
	 
      	
                                                                    3.

                                                                  	
                                                                    Type of Letter of
      Credit:

                                                                  
	 	 	 	 
	 
      	 
      	
                                                                    [  ]
      a.

                                                                  	
                                                                    Commercial
      Letter of Credit

                                                                  
	 	 	 	 
	 
      	 
      	
                                                                    [  ]
      b.

                                                                  	
                                                                    Standby
      Letter of Credit

                                                                  
	 	 	 
	 
      	
                                                                    4.

                                                                  	
                                                                    Face amount of Letter
      of Credit: $________________________

                                                                  
	 	 	 
	 
      	
                                                                    5.

                                                                  	
                                                                    Expiration date of
      Letter of Credit:  ________________,
    ________

                                                                  
	 	 	 
	 
      	
                                                                    6.

                                                                  	
                                                                    Currency in which
      Letter of Credit is to be
      denominated:  _____________

                                                                  
	 	 	 
	 
      	
                                                                    7.

                                                                  	
                                                                    Name and address of
      beneficiary:

                                                                  
	 
      	 
      	
                                                                    ___________________________________________

                                                                  
	 
      	 
      	
                                                                    ___________________________________________

                                                                  
	 
      	 
      	
                                                                    ___________________________________________

                                                                  
	 
      	 
      	
                                                                    ___________________________________________

                                                                  
	 	 	 
	 
      	
                                                                    8.

                                                                  	
                                                                    Attached
      hereto is:

                                                                  
	 	 	 	 
	 
      	 
      	
                                                                    [  ]

                                                                  	
                                                                    the
      verbatim text of such proposed Letter of Credit

                                                                  
	 	 	 	 
	 
      	 
      	
                                                                    [  ]

                                                                  	
                                                                    a
      description of the proposed terms and conditions of such Letter of Credit,
      including a precise description of any documents to be presented by the
      beneficiary which, if presented by the beneficiary prior to the expiration
      date of such Letter of Credit, would require the Issuing Lender to make
      payment under such Letter of
Credit.

                                                                  

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
          
            

             

            III-1

            Request
for Issuance

          

           

        

        
           

          
            

          

        

        
           

        

      

      The
undersigned officer, to the best of his or her knowledge, certifies on behalf of
the Company that:

       

                      (i)The representations and warranties
contained in the Credit Agreement and the other Loan Documents are true and
correct in all material respects (except that any representation and warranty
that is qualified as to “materiality” or “Material Adverse Effect” shall be true
and correct in all respects) on and as of the date hereof to the same extent as
though made on and as of the date hereof, except to the extent such
representations and warranties specifically relate to an earlier date, in which
case such representations and warranties were true and correct in all material
respects on and as of such earlier date; and

       

                      (ii)No event has occurred and is
continuing or would result from the issuance of the Letter of Credit
contemplated hereby that would constitute an Event of Default or a Potential
Event of Default.

       

      
        
           

          
            
              
                
                  
                    
                      
                        	 
      	
                                
                                  INTRALINKS,
      INC.

                                

                              
	 	 	 
	 	 	 
	 
      	
                                By:

                              	 
      
	 
      	 
      	
                                Name:

                              
	 
      	 
      	
                                Title:

                              

                      

                    

                  

                

              

            

          

        

        
 

      

      
        
          
            

             

            III-2

            Request
for Issuance

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
IV

       

      [FORM
OF] NOTICE OF PREPAYMENT

       

      DATED:  ____________

       

      Pursuant
to that certain First Lien Credit Agreement dated as of June [  ],
2007, as amended, supplemented or otherwise modified to the date hereof (said
First Lien Credit Agreement, as so amended, supplemented or otherwise modified,
being the “Credit
Agreement”, the terms defined therein and not otherwise defined herein
being used herein as therein defined), by and among IntraLinks, Inc., a Delaware
corporation (“Company”),
TA Indigo Holding Corporation, a Delaware corporation (“Holdings”), the financial
institutions listed therein as Lenders (“Lenders”), Deutsche Bank
Securities Inc. and Credit Suisse Securities (USA) LLC as Joint Lead Arrangers
and Joint Bookrunners (the “Arrangers”), Deutsche Bank
Trust Company Americas (“DB”), as administrative agent
for Lenders (in such capacity, “Administrative Agent”) and as collateral
agent for Lenders (in such capacity, “Collateral Agent”) and as syndication
agent, and ING Capital LLC, as documentation agent, this represents Company’s
notice of prepayment as follows:

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              	
                                                      1.

                                                    	
                                                      Date of
      Notice:  ________________, ________

                                                    
	 	 
	
                                                      2.

                                                    	
                                                      Type of
      Prepayment/Reduction/Termination:

                                                    
	 	 
	 
      	
                                                      [  ]
      a.

                                                    	
                                                      Voluntary
      prepayment of:

                                                    
	 	 	 	 
	 
      	 
      	
                                                      [  ]
      i.

                                                    	
                                                      Swing
      Line Loan

                                                    
	 	 	 	 
	 
      	 
      	
                                                      [  ]
      ii.

                                                    	
                                                      Term
      Loan

                                                    
	 	 	 	 
	 
      	 
      	
                                                      [  ]
      iii.

                                                    	
                                                      Revolving
      Loan

                                                    
	 	 	 	 
	 
      	
                                                      [  ]
      b.

                                                    	
                                                      Voluntary
      reduction/termination of Revolving Loan Commitments

                                                    
	 	 	 
	 
      	
                                                      [  ]
      c.

                                                    	
                                                      Mandatory
      prepayment of Term Loans and/or reduction of Revolving Loan Commitment
      Amount (specify the circumstance requiring said prepayment and/or
      reduction by checking the appropriate box below):

                                                    
	 	 	 
	 
      	 
      	
                                                      [  ]
      i.

                                                    	
                                                      Receipt
      of Net Asset Sale Proceeds that will not be reinvested

                                                    
	 	 	 	 
	 
      	 
      	
                                                      [  ]
      ii.

                                                    	
                                                      Receipt
      of Net Insurance/Condemnation Proceeds that will not be
      reinvested

                                                    
	 	 	 	 
	 
      	 
      	
                                                      [  ]
      iii.

                                                    	
                                                      Receipt
      of Net Securities Proceeds from the issuance of Indebtedness of Holdings
      or any of its Subsidiaries

                                                    
	 	 	 	 
	 
      	 
      	
                                                      [  ]
      iv.

                                                    	
                                                      Consolidated
      Excess Cash
Flow

                                                    

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
          
            

             

            IV-1

            Notice of
Prepayment

          

           

        

        
           

          
            

          

        

        
           

        

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                	
                                        3.

                                      	
                                        Amount of
      Prepayment/Reduction of Revolving Loan Commitment Amount (as
      applicable):

                                      
	 	 	 
	 
      	
                                        [  ]
      a.

                                      	
                                        Voluntary/mandatory
      prepayment:1  $___________

                                      
	 	 	 
	 
      	
                                        [  ]
      b.

                                      	
                                        Reduction/termination
      of Revolving Loan Commitment Amount:2  $__________

                                      
	 	 
	
                                        4.

                                      	
                                        If
      applicable, specify desired application of voluntary prepayment:3
      

                                      
	 
      	 
      	 
      
	
                                        5.

                                      	
                                        Date
      of prepayment or date reduction/termination of Revolving Loan Commitment
      Amount will take effect:  __________,
________

                                      
	 	 
	
                                        6.

                                      	
                                        Attached
      hereto is (if applicable) a calculation of the amount of the applicable
      Net Asset Sale Proceeds, Net Insurance/Condemnation Proceeds, Net
      Securities Proceeds, or Consolidated Excess Cash Flow, as the case may be,
      that gave rise to a mandatory prepayment.

                                      
	 	 

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      IN
WITNESS WHEREOF, the undersigned authorized officer of Company has executed this
notice as of the date set forth above.

       

       

      
        
           

          
            
              
                
                  
                    
                      
                        	 
      	
                                
                                  INTRALINKS,
      INC.

                                

                              
	 	 	 
	 	 	 
	 
      	
                                By:

                              	 
      
	 
      	 
      	
                                Name:

                              
	 
      	 
      	
                                Title:

                              

                      

                    

                  

                

              

            

          

        

      

      
 

        
        
          

        

        1This
option should be selected for all voluntary and mandatory prepayments of the
Loans.

      

        
        2This
option should be selected only if a termination or reduction of the Revolving
Loan Commitment Amount is the subject of this notice.

      

        
        3Irrespective
of any application specified by Company, voluntary prepayments shall first be
applied as specified in subsection 2.4B(iv)(a) of the Credit
Agreement.

      

      
        
          
            

             

            IV-2

            Notice of
Prepayment

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
V-1

       

      [FORM
OF] TERM NOTE

       

      INTRALINKS,
INC.

       

      
        	
                $_____________________1

              	
                ______________________2

              
	 
      	
                [________],
      2007

              

      

       

      FOR VALUE
RECEIVED, INTRALINKS, INC., a Delaware corporation (“Company”), promises to pay to
__________________3
(“Payee”) or its
registered assigns the principal amount of _________________4
($[________________________]).  The principal amount of this Note
shall be payable on the dates and in the amounts specified in the below
referenced Credit Agreement; provided that the
last such installment shall be in an amount sufficient to repay the entire
unpaid principal balance of this Note, together with all accrued and unpaid
interest thereon.

       

      Company
also promises to pay interest on the unpaid principal amount hereof, until paid
in full, at the rates and at the times which shall be determined in accordance
with the provisions of that certain First Lien Credit Agreement dated as of June
[  ], 2007 by and among Company, TA Indigo Holding Corporation, a
Delaware corporation, the financial institutions listed therein as Lenders,
Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC as Joint
Lead Arrangers and Joint Bookrunners (the “Arrangers”), Deutsche Bank Trust
Company Americas, as Administrative Agent and as Collateral Agent for Lenders
and as Syndication Agent, and ING Capital LLC, as Documentation Agent (said
First Lien Credit Agreement, as it may be amended, supplemented or otherwise
modified from time to time, being the “Credit Agreement”, the terms defined
therein and not otherwise defined herein being used herein as therein
defined).

       

      This Note
is one of Company’s “Term Notes” and is issued pursuant to and entitled to the
benefits of the Credit Agreement, to which reference is hereby made for a more
complete statement of the terms and conditions under which the Term Loan
evidenced hereby was made and is to be repaid.

       

      All
payments of principal and interest in respect of this Note shall be made in
lawful money of the United States of America in same day funds at the Funding
and Payment Office or at such other place as shall be designated in writing for
such purpose in accordance with the terms of the Credit
Agreement.  Unless and until an Assignment Agreement effecting the
assignment or transfer of this Note shall have been accepted by Administrative
Agent and recorded in the Register as provided in the Credit Agreement, Company
and Administrative Agent shall be entitled to deem and treat Payee as the owner
and holder of this Note and the Loan evidenced hereby.  Payee hereby
agrees, by its acceptance hereof, that before disposing of this Note or any part
hereof it will make a notation hereon of all principal payments previously made
hereunder and of the date to which interest hereon has been paid; provided, however, that the
failure to make a notation of any payment made on this Note shall not limit or
otherwise affect the obligations of Company hereunder with respect to payments
of principal of or interest on this Note.

       

      

        

      

      
        
          
            	1	Insert
      amount of Lender’s Term Loan in numbers.
	 	 
	2	Insert
      place of delivery of Note.
	 	 
	3	 Insert
      Lender’s name in capital letters.
	 	 
	
                    4

                  	
                    
                      Insert
      amount of Lender’s Term Loan in
words.

                    

                  

          

        

        

          
            
              
                

                 

                V-1

                Term
Note

              

               

            

            
               

              
                

              

            

            
               

            

          

      

      Whenever
any payment on this Note shall be stated to be due on a day which is not a
Business Day, such payment shall be made on the next succeeding Business Day and
such extension of time shall be included in the computation of the payment of
interest on this Note.

       

      This Note
is subject to mandatory prepayment as provided in the Credit Agreement and to
prepayment at the option of Company as provided in the Credit
Agreement.

       

      THIS
NOTE AND THE RIGHTS AND OBLIGATIONS OF COMPANY AND PAYEE HEREUNDER SHALL BE
GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE
INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING SECTION 5-1401 OF THE GENERAL
OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS OF LAWS
PRINCIPLES THAT WOULD REQUIRE APPLICATION OF ANOTHER LAW.  THIS NOTE
INCORPORATES BY REFERENCE, AND COMPANY AND PAYEE HEREBY AGREE TO BE SUBJECT TO,
THE PROVISIONS SET FORTH IN SUBSECTION 10.17 OF THE CREDIT
AGREEMENT.

       

      Upon the
occurrence of an Event of Default, the unpaid balance of the principal amount of
this Note, together with all accrued and unpaid interest thereon, may become, or
may be declared to be, due and payable in the manner, upon the conditions and
with the effect provided in the Credit Agreement.

       

      The terms
of this Note are subject to amendment only in the manner provided in the Credit
Agreement.

       

      This Note
is subject to restrictions on transfer or assignment as provided in the Credit
Agreement.

       

      No
reference herein to the Credit Agreement and no provision of this Note or the
Credit Agreement shall alter or impair the obligations of Company, which are
absolute and unconditional, to pay the principal of and interest on this Note at
the place, at the respective times, and in the currency prescribed herein and in
the Credit Agreement.

       

      Company
promises to pay all costs and expenses, including reasonable attorneys’ fees,
all as provided in the Credit Agreement, incurred in the collection and
enforcement of this Note.  [Company and any endorsers of this Note
hereby consent to renewals and extensions of time at or after the maturity
hereof, without notice,] and hereby waive diligence, presentment, protest,
demand and [notice of every kind and,] to the full extent permitted by law, the
right to plead any statute of limitations as a defense to any demand
hereunder.

       

      
        
          
            

             

            V-2

            Term
Note

          

           

        

        
           

          
            

          

        

        
           

        

      

      IN
WITNESS WHEREOF, Company has caused this Note to be duly executed and delivered
by its officer thereunto duly authorized as of the date and at the place first
written above.

       

      
        
          
             

            
              
                
                  
                    
                      
                        
                          	 
      	
                                  
                                    INTRALINKS,
      INC.

                                  

                                
	 	 	 
	 	 	 
	 
      	
                                  By:

                                	 
      
	 
      	 
      	
                                  Name:

                                
	 
      	 
      	
                                  Title:

                                

                        

                      

                    

                  

                

              

            

          

        

        

      

      
        
          
            

             

            V-3

            Term
Note

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
VI

       

      [FORM
OF] REVOLVING NOTE

       

      INTRALINKS,
INC.

      
         

        
          	
                  $_____________________1

                	
                  ______________________2

                
	 
      	
                  [________],
      2007

                

        

         

      

      FOR VALUE
RECEIVED, INTRALINKS, INC., a Delaware corporation (“Company”), promises to pay to
________________3
(“Payee”) or its
registered assigns, the lesser of (x) _______________________4 ($[____________________])
and (y) the unpaid principal amount of all advances made by Payee to
Company as Revolving Loans under the Credit Agreement referred to
below.  The principal amount of this Note shall be payable on the
dates and in the amounts specified in the Credit Agreement.

       

      Company
also promises to pay interest on the unpaid principal amount hereof, until paid
in full, at the rates and at the times which shall be determined in accordance
with the provisions of that certain First Lien Credit Agreement dated as of June
[  ], 2007 by and among Company, TA Indigo Holding Company, a Delaware
corporation, the financial institutions listed therein as Lenders, Deutsche Bank
Securities Inc. and Credit Suisse Securities (USA) LLC as Joint Lead Arrangers
and Joint Bookrunners, Deutsche Bank Trust Company Americas, as Administrative
Agent and as Collateral Agent for Lenders and as Syndication Agent, and ING
Capital LLC, as Documentation Agent (said First Lien Credit Agreement, as it may
be amended, supplemented or otherwise modified from time to time, being the
“Credit Agreement”, the
terms defined therein and not otherwise defined herein being used herein as
therein defined).

       

      This Note
is one of Company’s “Revolving Notes” and is issued pursuant to and entitled to
the benefits of the Credit Agreement, to which reference is hereby made for a
more complete statement of the terms and conditions under which the Revolving
Loans evidenced hereby were made and are to be repaid.

       

      All
payments of principal and interest in respect of this Note shall be made in
lawful money of the United States of America in same day funds at the Funding
and Payment Office or at such other place as shall be designated in writing for
such purpose in accordance with the terms of the Credit
Agreement.  Unless and until an Assignment Agreement effecting the
assignment or transfer of this Note shall have been accepted by Administrative
Agent and recorded in the Register as provided in the Credit Agreement, Company
and Administrative Agent shall be entitled to deem and treat Payee as the owner
and holder of this Note and the Loans evidenced hereby.  Payee hereby
agrees, by its acceptance hereof, that before disposing of this Note or any part
hereof it will make a notation hereon of all principal payments previously made
hereunder and of the date to which interest hereon has been paid; provided, however, that the
failure to make a notation of any payment made on this Note shall not limit or
otherwise affect the obligations of Company hereunder with respect to payments
of principal of or interest on this Note.

       

      

        

      

        
        
          	
                  1

                	
                  Insert
      amount of Lender’s Revolving Loan Commitment in
  numbers.

                

        

         

      

      
        
          	
                  2

                	
                  Insert
      place of delivery of Note.

                

        

         

      

      
        
          	
                  3

                	
                  Insert
      Lender’s name in capital letters.

                

        

         

      

      
        
          	
                  4

                	
                  Insert
      amount of Lender’s Revolving Loan Commitment in
  words.

                

        

         

      

      
        
          
            

             

            VI-1

            Revolving
Note

          

           

        

        
           

          
            

          

        

        
           

        

      

      Whenever
any payment on this Note shall be stated to be due on a day which is not a
Business Day, such payment shall be made on the next succeeding Business Day and
such extension of time shall be included in the computation of the payment of
interest on this Note.

       

      This Note
is subject to mandatory prepayment as provided in the Credit Agreement and to
prepayment at the option of Company as provided in the Credit
Agreement.

       

      THIS
NOTE AND THE RIGHTS AND OBLIGATIONS OF COMPANY AND PAYEE HEREUNDER SHALL BE
GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE
INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING SECTION 5-1401 OF THE GENERAL
OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS OF LAWS
PRINCIPLES THAT WOULD REQUIRE APPLICATION OF ANOTHER LAW.  THIS NOTE
INCORPORATES BY REFERENCE, AND COMPANY AND PAYEE HEREBY AGREE TO BE SUBJECT TO,
THE PROVISIONS SET FORTH IN SUBSECTION 10.17 OF THE CREDIT
AGREEMENT.

       

      Upon the
occurrence of an Event of Default, the unpaid balance of the principal amount of
this Note, together with all accrued and unpaid interest thereon, may become, or
may be declared to be, due and payable in the manner, upon the conditions and
with the effect provided in the Credit Agreement.

       

      The terms
of this Note are subject to amendment only in the manner provided in the Credit
Agreement.

       

      This Note
is subject to restrictions on transfer or assignment as provided in the Credit
Agreement.

       

      No
reference herein to the Credit Agreement and no provision of this Note or the
Credit Agreement shall alter or impair the obligations of Company, which are
absolute and unconditional, to pay the principal of and interest on this Note at
the place, at the respective times, and in the currency prescribed herein and in
the Credit Agreement.

       

      Company
promises to pay all costs and expenses, including reasonable attorneys’ fees,
all as provided in the Credit Agreement, incurred in the collection and
enforcement of this Note.  Company and any endorsers of this Note
hereby consent to renewals and extensions of time at or after the maturity
hereof, without notice, and hereby waive diligence, presentment, protest, demand
and notice of every kind and, to the full extent permitted by law, the right to
plead any statute of limitations as a defense to any demand
hereunder.

       

      
        
          
            

             

            VI-2

            Revolving
Note

          

           

        

        
           

          
            

          

        

        
           

        

      

      IN
WITNESS WHEREOF, Company has caused this Note to be duly executed and delivered
by its officer thereunto duly authorized as of the date and at the place first
written above.

       

      
        
          
             

            
              
                
                  
                    
                      
                        
                          	 
      	
                                  
                                    INTRALINKS,
      INC.

                                  

                                
	 	 	 
	 	 	 
	 
      	
                                  By:

                                	 
      
	 
      	 
      	
                                  Name:

                                
	 
      	 
      	
                                  Title:

                                

                        

                      

                    

                  

                

              

            

          

        

        

      

      
        
          
            

             

            VI-3

            Revolving
Note

          

           

        

        
           

          
            

          

        

        
           

        

      

      TRANSACTIONS

      ON

      REVOLVING
NOTE

       

      
        	
                
                  Date

                

              	 	
                
                  Type
      of Loan Made

                  This
      Date

                

              	 	
                
                  Amount
      of

                  Loan
      Made

                  This
      Date

                

              	 	
                
                  Amount
      of

                  Principal
      Paid

                  This
      Date

                

              	 	
                
                  Outstanding

                  Principal

                  Balance

                  This
      Date

                

              	 	
                
                  Notation

                  Made
      By

                

              
	 
      	 	 
      	 	 
      	 	 
      	 	 
      	 	 
      

      

      

      
        
          
            

             

            VI-4

            Revolving
Note

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
VII

       

      [FORM
OF] SWING LINE NOTE

       

      INTRALINKS,
INC.

      
         

        
          	
                  $_____________________1

                	
                  ______________________2

                
	 
      	
                  [________],
      2007

                

        

         

      

      FOR VALUE
RECEIVED, INTRALINKS, INC., a Delaware corporation (“Company”), promises to pay to
_______________________ (“Payee”) or its registered
assigns, the lesser of (x) _______________________3
($[____________________1]) and
(y) the unpaid principal amount of all advances made by Payee to Company as
Swing Line Loans under the Credit Agreement referred to below.  The
principal amount of this Note shall be payable on the dates and in the amounts
specified in the Credit Agreement.

       

      Company
also promises to pay interest on the unpaid principal amount hereof, until paid
in full, at the rates and at the times which shall be determined in accordance
with the provisions of that certain First Lien Credit Agreement dated as of June
[  ], 2007 by and among Company, TA Indigo Holding Corporation, a
Delaware corporation, the financial institutions listed therein as Lenders,
Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC as Joint
Lead Arrangers and Joint Bookrunners, Deutsche Bank Trust Company Americas, as
Administrative Agent and as Collateral Agent for Lenders and as Syndication
Agent, and ING Capital LLC, as Documentation Agent (said First Lien Credit
Agreement, as it may be amended, supplemented or otherwise modified from time to
time, being the “Credit
Agreement”, the terms defined therein and not otherwise defined herein
being used herein as therein defined).

       

      This Note
is Company’s “Swing Line Note” and is issued pursuant to and entitled to the
benefits of the Credit Agreement, to which reference is hereby made for a more
complete statement of the terms and conditions under which the Swing Line Loans
evidenced hereby were made and are to be repaid.

       

      All
payments of principal and interest in respect of this Note shall be made in
lawful money of the United States of America in same day funds at the Funding
and Payment Office or at such other place as shall be designated in writing for
such purpose in accordance with the terms of the Credit Agreement.

       

      

        

      

      
        
          	
                  1

                	
                  Insert
      amount of Swing Line Lender’s Swing Line Loan Commitment in
      numbers.

                

        

         

      

      
        
          	
                  2

                	
                  Insert
      place of delivery of Note.

                

        

         

      

      
        
          	
                  3

                	
                  Insert
      amount of Swing Line Lender’s Swing Line Loan Commitment in
      words.

                

        

         

      

      
        
          
            

             

            VII-1

            Swing
Line Note

          

           

        

        
           

          
            

          

        

        
           

        

      

      Whenever
any payment on this Note shall be stated to be due on a day which is not a
Business Day, such payment shall be made on the next succeeding Business Day and
such extension of time shall be included in the computation of the payment of
interest on this Note.

       

      This Note
is subject to mandatory prepayment as provided in the Credit Agreement and to
prepayment at the option of Company as provided in the Credit
Agreement.

       

      THIS
NOTE AND THE RIGHTS AND OBLIGATIONS OF COMPANY AND PAYEE HEREUNDER SHALL BE
GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE
INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING SECTION 5-1401 OF THE GENERAL
OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS OF LAWS
PRINCIPLES THAT WOULD REQUIRE APPLICATION OF ANOTHER LAW.  THIS NOTE
INCORPORATES BY REFERENCE, AND COMPANY AND PAYEE HEREBY AGREE TO BE SUBJECT TO,
THE PROVISIONS SET FORTH IN SUBSECTION 10.17 OF THE CREDIT
AGREEMENT.

       

      Upon the
occurrence of an Event of Default, the unpaid balance of the principal amount of
this Note, together with all accrued and unpaid interest thereon, may become, or
may be declared to be, due and payable in the manner, upon the conditions and
with the effect provided in the Credit Agreement.

       

      The terms
of this Note are subject to amendment only in the manner provided in the Credit
Agreement.

       

      This Note
is subject to restrictions on transfer or assignment as provided in the Credit
Agreement.

       

      No
reference herein to the Credit Agreement and no provision of this Note or the
Credit Agreement shall alter or impair the obligations of Company, which are
absolute and unconditional, to pay the principal of and interest on this Note at
the place, at the respective times, and in the currency prescribed herein and in
the Credit Agreement.

       

      Company
promises to pay all costs and expenses, including reasonable attorneys’ fees,
all as provided in the Credit Agreement, incurred in the collection and
enforcement of this Note.  Company and any endorsers of this Note
hereby consent to renewals and extensions of time at or after the maturity
hereof, without notice, and hereby waive diligence, presentment, protest, demand
and notice of every kind and, to the full extent permitted by law, the right to
plead any statute of limitations as a defense to any demand
hereunder.

       

      
        
          
            

             

            VII-2

            Swing
Line Note

          

           

        

        
           

          
            

          

        

        
           

        

      

      IN
WITNESS WHEREOF, Company has caused this Note to be duly executed and delivered
by its officer thereunto duly authorized as of the date and at the place first
written above.

       

      
        
          
             

            
              
                
                  
                    
                      
                        
                          	 
      	
                                  
                                    INTRALINKS,
      INC.

                                  

                                
	 	 	 
	 	 	 
	 
      	
                                  By:

                                	 
      
	 
      	 
      	
                                  Name:

                                
	 
      	 
      	
                                  Title:

                                

                        

                      

                    

                  

                

              

            

          

        

        

      

      
        
          
            

             

            VII-3

            Swing
Line Note

          

           

        

        
           

          
            

          

        

        
           

        

      

      TRANSACTIONS

      ON

      SWING
LINE NOTE

       

      
        	
                
                  Date

                

              	 	
                
                  Amount
      of

                  Loan
      Made

                  This
      Date

                

              	 	
                
                  Amount
      of

                  Principal
      Paid

                  This
      Date

                

              	 	
                
                  Outstanding

                  Principal

                  Balance

                  This
      Date

                

              	 	
                
                  Notation

                  Made
      By

                

              
	 
      	 	 
      	 	 
      	 	 
      	 	 
      

      

      

      
        
          
            

             

            VII-4

            Swing
Line Note

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
VIII

       

      [FORM
OF] COMPLIANCE CERTIFICATE

       

      DATED:  ____________

       

      THE
UNDERSIGNED HEREBY CERTIFY THAT:

       

      (1)           We
are the duly elected [Title] and [Title] of IntraLinks, Inc., a Delaware
corporation (“Company”);

       

      (2)           We
have reviewed the terms of that certain First Lien Credit Agreement dated as of
June [  ], 2007 as amended, supplemented or otherwise modified to the
date hereof (said First Lien Credit Agreement, as so amended, supplemented or
otherwise modified, being the “Credit Agreement”, the terms
defined therein and not otherwise defined in this Certificate (including
Attachment No. 1 annexed hereto and made a part hereof) being used in this
Certificate as therein defined), by and among Company, TA Indigo Holding
Corporation, a Delaware corporation, the financial institutions listed therein
as Lenders, Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC
as Joint Lead Arrangers and Joint Bookrunners (the “Arrangers”), Deutsche Bank
Trust Company Americas, as Administrative Agent and as Collateral Agent for
Lenders and as Syndication Agent, and ING Capital LLC, as Documentation Agent,
and the terms of the other Loan Documents, and we have made, or have caused to
be made under our supervision, a review in reasonable detail of the transactions
and condition of Company and its Subsidiaries during the accounting period
covered by the attached financial statements; and

       

      (3)           The
examination described in paragraph (2) above did not disclose, and we have no
knowledge of, the existence of any condition or event which constitutes an Event
of Default or Potential Event of Default during or at the end of the accounting
period covered by the attached financial statements or as of the date of this
Certificate[, except as set forth below].

       

      [Set
forth [below] [in a separate attachment to this Certificate] are all exceptions
to paragraph (3) above listing, in detail, the nature of the condition or event,
the period during which it has existed and the action which Company has taken,
is taking, or proposes to take with respect to each such condition or
event:  ___________________________________________].

       

      
        
          
            

             

            VIII-1

            Compliance
Certificate

          

           

        

        
           

          
            

          

        

        
           

        

      

      The
foregoing certifications, together with the computations set forth in Attachment
No. 1 annexed hereto and made a part hereof and the financial statements
delivered with this Certificate in support hereof, are made and delivered on the
date as first written above, pursuant to subsection 6.1(iv) of the Credit
Agreement.

       

      
        
          
             

            
              
                
                  
                    
                      
                        
                          	 
      	
                                  
                                    INTRALINKS,
      INC.

                                  

                                
	 	 	 
	 	 	 
	 
      	
                                  By:

                                	 
      
	 
      	 
      	
                                  Name:

                                
	 
      	 
      	
                                  Title:

                                

                        

                      

                    

                  

                

              

            

          

        

        

      

      
        
          
            

             

            VIII-2

            Compliance
Certificate

          

           

        

        
           

          
            

          

        

        
           

        

      

      ATTACHMENT
NO. 1

       

      TO
COMPLIANCE CERTIFICATE

       

      This
Attachment No. 1 is attached to and made a part of a Compliance Certificate
dated as of ____________, ____ and pertains to the period from ____________,
____ to ____________, ____.  Subsection references herein relate to
subsections of the Credit Agreement.1

       

      
        
          	
                  A.

                	
                  Maximum Consolidated Senior
      Secured Leverage Ratio (as of ___________, ____)

                	 
      
	 
      	
                  1.    Consolidated
      Total Senior Secured Debt:

                	
                  $_____________

                
	 
      	
                  2.    Consolidated
      EBITDA for the consecutive four fiscal quarters ending on
      ________________:

                	
                  $_____________

                
	 
      	
                  3.    Maximum
      Consolidated Senior Secured Leverage Ratio (1):(2):

                	
                  ____:1.00

                
	 
      	
                  4.    Maximum
      ratio permitted under subsection 7.5:

                	
                  [   ]2:1.00

                
	 
      	 
      	 
      
	
                  B.

                	
                  Consolidated
      Capital Expenditures3

                	 
      
	 
      	
                  1.    Consolidated
      Capital Expenditures for Fiscal Year of ____:

                	
                  $_____________

                
	 
      	
                  2.    Consolidated
      Capital Expenditures for prior Fiscal Year:

                	
                  $_____________

                
	 
      	
                  3.    Maximum
      amount of Consolidated Capital Expenditures permitted under subsection 7.7
      for prior Fiscal Year

                	
                  $_____________

                
	 
      	
                  4.    Excess
      of permitted amount of Maximum Consolidated Capital Expenditures for prior
      Fiscal Year over 

                         Consolidated
      Capital Expenditures in prior Fiscal Year (3-2):

                	
                  $_____________

                
	 
      	
                  5.    Maximum
      amount of Consolidated Capital Expenditures permitted under subsection 7.7
      for Fiscal Year without

                         regard
      to carryover amount or amount brought forward from succeeding Fiscal
      Year:

                	
                  $_____________

                
	 
      	
                  6.    Amount
      of permitted Consolidated Capital Expenditures for Fiscal Year that was
      previously elected to be applied 

                         to
      the maximum amount of Consolidated Capital Expenditures permitted under
      subsection 7.7 for prior Fiscal Year

                	
                  $_____________

                
	 
      	
                  7.    Specified
      Equity Amount

                	
                  $_____________

                
	 
      	
                  8.    Maximum
      permitted for Holdings and its Subsidiaries under subsection 7.7
      (4+5-6+7):

                	
                  $_____________

                
	 
      	 
      	 
      

        

      

      

        

      

      
        
          
            	
                    1

                  	
                    In
      the event of any conflict or inconsistency between the provisions of this
      Compliance Certificate and the Credit Agreement, the provisions of the
      Credit Agreement shall control.

                  
	 	 
	2	7.00
      for the fiscal quarter ending September 30, 2007, 6.75 for the fiscal
      quarter ending December 31, 2007, and 6.50 for each Fiscal Quarter
      thereafter.
	 	 
	3	Required
      at Fiscal Year-end only.

          

        

      

      

        
          
            
              

               

              VIII-3

              Compliance
Certificate

            

             

          

          
             

            
              

            

          

          
             

          

        

      

      
        
          	
                  C.

                	
                  Consolidated Excess Cash
      Flow (for the Fiscal Year ended _________)4

                	 
      
	 
      	
                  1.    Consolidated
      EBITDA:

                	
                  $_____________

                
	 
      	
                  2.    Consolidated
      Working Capital Adjustment:

                	
                  $_____________

                
	 
      	
                  3.    Extraordinary,
      unusual or nonrecurring cash gains deducted from Consolidated
      EBITDA

                	
                  $_____________

                
	 
      	
                  4.    Scheduled
      repayments of Consolidated Total Debt (excluding (x) repayments of
      Revolving Loans except to the 

                        
      extent the Revolving Loan Commitment Amount is permanently reduced in
      connection with such repayments 

                        
      and (y) any such repayment out of the proceeds of refinancing
      Indebtedness)

                	
                  $_____________

                
	 
      	
                  5.    Internally
      generated funds of Company and its Subsidiaries used to make Consolidated
      Capital Expenditures 

                        
      (and any amounts that would be included as Consolidated Capital
      Expenditures but for the operation of

                         clause
      (c)(ii) of the definition thereof (except in the case of clause (c)(ii),
      to the extent made out of Net Insurance/Condemnation
      Proceeds)):

                	
                  $_____________

                
	 
      	
                  6.    Consolidated
      Cash Interest Expense:

                	
                  $_____________

                
	 
      	
                  7.    Current
      taxes based on income of Company and its Subsidiaries and paid in cash
      with respect to such period:

                	
                  $_____________

                
	 
      	
                  8.    Internally
      generated funds of Company and its Subsidiaries used during such period to
      finance Permitted 

                        
      Acquisitions and Investments permitted by subsections 7.3(vii) and
      (viii)(to the extent such amounts have 

                        
      not already been deducted in calculating Consolidated Net Income) or
      (xi)(b)(x):

                	
                  $_____________

                
	 
      	
                  9.    Any
      other amount paid from internally generated funds of Company and its
      Subsidiaries during such 

                         period
      which was added back to Consolidated Net Income in determining
      Consolidated EBITDA

                         pursuant
      to clauses (vii), (viii), (x), (xi) and (xiv) of the definition of
      Consolidated EBITDA:

                	
                  $_____________

                
	 
      	
                  10.          Any
      amount applied to make Restricted Junior Payments pursuant to subsection
      7.4 

                        
      (other than clauses (i), (iii), (vii) and (viii)
      thereof):

                	
                  $_____________

                
	 
      	
                  11.         
      Any cash security deposits made in respect of leases for office
      space:

                	
                  $_____________

                
	 
      	
                  12.         
      Consolidated Excess Cash Flow
    ((1+2+3)-(4+5+6+7+8+9+10+11)):

                	
                  $_____________

                

        

      

      

      

        

      

      
        4Required
at Fiscal Year-end only.

      

      
        
          
            

             

            VIII-4

            Compliance
Certificate

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
IX

       

      FORM
OF OPINION OF COMPANY COUNSEL

       

      

      
        
          
            

             

            IX-1

            Opinion
of Company Counsel

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
X

       

      [FORM
OF ASSIGNMENT AGREEMENT]

       

      ASSIGNMENT
AND ASSUMPTION

       

      DATED:  ____________

       

      This
Assignment and Assumption (this “Assignment and Assumption”) is
dated as of the Effective Date set forth below and is entered into by and
between [the] [each]1
Assignor identified in item 1 below ([the] [each, an] “Assignor”) and [the]
[each]2 Assignee
identified in item 2 below ([the] [each, an] “Assignee”).  [It is
understood and agreed that the rights and obligations of [the Assignors] [the
Assignees]3 hereunder
are several and not joint.]4  Capitalized
terms used but not defined herein shall have the meanings given to them in the
Credit Agreement identified below (as amended, restated, supplemented or
modified, the “Credit
Agreement”), receipt of a copy of which is hereby acknowledged by [the]
[each] Assignee.  The Standard Terms and Conditions set forth in
Annex 1 attached hereto are hereby agreed to and incorporated herein by
reference and made a part of this Assignment and Assumption as if set forth
herein in full.

       

      For an
agreed consideration, [the] [each] Assignor hereby irrevocably sells and assigns
to [the Assignee] [the respective Assignees], and [the] [each] Assignee hereby
irrevocably purchases and assumes from [the Assignor] [the respective
Assignors], subject to and in accordance with the Standard Terms and Conditions
and the Credit Agreement, as of the Effective Date inserted by the
Administrative Agent as contemplated below (i) all of [the Assignor’s] [the
respective Assignors’] rights and obligations in [its capacity as a Lender]
[their respective capacities as Lenders] under the Credit Agreement and any
other documents or instruments delivered pursuant thereto to the extent related
to the amount and percentage interest identified below of all of such
outstanding rights and obligations of [the Assignor] [the respective Assignors]
under the respective facilities identified below (including without limitation
any letters of credit, guarantees, and swingline loans included in such
facilities) and (ii) to the extent permitted to be assigned under applicable
law, all claims, suits, causes of action and any other right of [the Assignor
(in its capacity as a Lender)] [the respective Assignors (in their respective
capacities as Lenders)] against any Person, whether known or unknown, arising
under or in connection with the Credit Agreement, any other documents or
instruments delivered pursuant thereto or the loan transactions governed thereby
or in any way based on or related to any of the foregoing, including, but not
limited to, contract claims, tort claims, malpractice claims, statutory claims
and all other claims at law or in equity related to the rights and obligations
sold and assigned pursuant to clause (i) above (the rights and obligations sold
and assigned by [the] [any] Assignor to [the] [any] Assignee pursuant to clauses
(i) and (ii) above being referred to herein collectively as [the] [an] “Assigned
Interest”).  Each such sale and assignment is without recourse
to [the] [any] Assignor and, except as expressly provided in this Assignment and
Assumption, without representation or warranty by [the] [any]
Assignor.

       

      

        

      

        
        
          	
                  1

                	
                  For
      bracketed language here and elsewhere in this form relating to the
      Assignor(s), if the assignment is from a single Assignor, choose the first
      bracketed language.  If the assignment is from multiple
      Assignors, choose the second bracketed
language.

                

        

         

      

      
        
          	
                  2

                	
                  For
      bracketed language here and elsewhere in this form relating to the
      Assignee(s), if the assignment is to a single Assignee, choose the first
      bracketed language.  If the assignment is to multiple Assignees,
      choose the second bracketed
language.

                

        

         

      

      
        
          	
                  3

                	
                  Select
      as appropriate.

                

        

         

      

      
        
          	
                  4

                	
                  Include
      bracketed language if there are either multiple Assignors or multiple
      Assignees.

                

        

         

      

      
        
          
            

             

            X-1

            Assignment
Agreement

          

           

        

        
           

          
            

          

        

        
           

        

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            	
                                    1.

                                  	
                                    Assignor[s]:

                                  	
                                    ________________________________

                                  
	 
      	 
      	
                                    ________________________________

                                  
	 	 	 
	
                                    2.

                                  	
                                    Assignee[s]:

                                  	
                                    ________________________________

                                  
	 
      	 
      	
                                    ________________________________

                                  
	 
      	
                                    [for
      each Assignee, indicate [Affiliate] [Approved Fund] of [identify
      Lender]]

                                  
	 	 	 
	
                                    3.

                                  	
                                    Borrower(s):

                                  	
                                    ________________________________

                                  
	 	 	 
	
                                    4.

                                  	
                                    Administrative
      Agent:  Deutsche Bank Trust Company Americas, as the
      administrative agent under the Credit Agreement

                                  
	 	 
	
                                    5.

                                  	
                                    Credit
      Agreement:  The First Lien Credit Agreement dated as of June [
      ], 2007, among IntraLinks, Inc., a Delaware corporation (“Company”), TA Indigo
      Holding Corporation, a Delaware corporation, the Lenders parties thereto,
      Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC as
      Joint Lead Arrangers and Joint Bookrunners, Deutsche Bank Trust Company
      Americas, as Administrative Agent and as Collateral Agent for Lenders and
      as Syndication Agent, and ING Capital LLC, as Documentation Agent, and the
      other agents parties
thereto

                                  

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
          
            

             

            X-2

            Assignment
Agreement

          

           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                6.

              	
                Assigned
      Interest[s]:

              

      

       

      
        	
                Assignor[s]5

              	
                Assignee[s]6

              	
                Facility
      As

                signed7

              	
                Aggregate

                Amount
      of

                Commit-

                ment/

                Loans
      for

                all
      Lenders8

              	
                Amount
      of

                Commit-

                ment/
      Loans

                Assigned8

              	
                Percentage

                Assigned
      of

                Commit-

                ment/

                Loans9

              	
                CUSIP

                Number

              
	 
      	 
      	 
      	
                $

              	
                $

              	
                %

              	 
      
	 
      	 
      	 
      	
                $

              	
                $

              	
                %

              	 
      
	 
      	 
      	 
      	
                $

              	
                $

              	
                %

              	 
      

      

      

      
        	
                [7.

              	
                Trade
      Date:  ________________________________]10

              

      

       

      Effective
Date:  _____________ ___, 20___ [TO BE INSERTED BY ADMINISTRATIVE
AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE
REGISTER THEREFOR.]

       

      

        
          

        

      

      
        5    List each
Assignor, as appropriate.

      

        
        6    List each
Assignee, as appropriate.

      

        
        7    Fill in the
appropriate terminology for the types of facilities under the Credit Agreement
that are being assigned under this Assignment 

            (e.g.
“Revolving Loan Commitment”, “Term Loan Commitment”, etc.).

      

        
        8    Amount to be
adjusted by the counterparties to take into account any payments or prepayments
made between the Trade Date and the Effective Date.

      

        
        9   Set forth, to at
least 9 decimals, as a percentage of the Commitment/Loans of all Lenders
thereunder.

      

        
        
          	
                  10

                	
                  To
      be completed if the Assignor(s) and the Assignee(s) intend that the
      minimum assignment amount is to be determined as of the Trade
      Date.

                

        

         

      

      
        
          
            

             

            X-3

            Assignment
Agreement

          

           

        

        
           

          
            

          

        

        
           

        

      

      The terms
set forth in this Assignment and Assumption are hereby agreed to:

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        
                                                          
                                                            
                                                              
                                                                
                                                                  
                                                                    
                                                                      
                                                                        
                                                                          
                                                                            
                                                                              
                                                                                	 
      	
                                                                                        ASSIGNOR[S]11

                                                                                      
	 	 	 
	 
      	
                                                                                        [NAME
      OF ASSIGNOR]

                                                                                      
	 	 	 
	 	 	 
	 
      	
                                                                                        By:

                                                                                      	 
      
	 
      	 
      	
                                                                                        Title:

                                                                                      
	 	 	 
	 	 	 
	 
      	
                                                                                        [NAME
      OF ASSIGNOR]

                                                                                      
	 	 	 
	 	 	 
	 
      	
                                                                                        By:

                                                                                      	 
      
	 
      	 
      	
                                                                                        Title:

                                                                                      
	 	 	 
	 	 	 
	 
      	
                                                                                        ASSIGNEE[S]12

                                                                                      
	 	 	 
	 
      	
                                                                                        [NAME
      OF ASSIGNEE]

                                                                                      
	 	 	 
	 	 	 
	 
      	
                                                                                        By:

                                                                                      	 
      
	 
      	 
      	
                                                                                        Title:

                                                                                      
	 	 	 
	 	 	 
	 
      	
                                                                                        [NAME
      OF ASSIGNEE]

                                                                                      
	 	 	 
	 	 	 
	 
      	
                                                                                        By:

                                                                                      	 
      
	 
      	 
      	
                                                                                        Title:

                                                                                      

                                                                              

                                                                            

                                                                          

                                                                        

                                                                      

                                                                    

                                                                  

                                                                

                                                              

                                                            

                                                          

                                                        

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      

        

      

      
        11    Add additional
signature blocks as needed.

      

        
        12    Add additional
signature blocks as needed.

      

      
        
          
            

             

            X-4

            Assignment
Agreement

          

           

        

        
           

          
            

          

        

        
           

        

      

       

       

      Consented
to and Accepted:

       

      DEUTSCHE
BANK TRUST COMPANY

        AMERICAS,
as Administrative Agent

       

       

      
        
          
            	
                    By:

                  	 
      	 
      
	 
      	
                    Title:

                  	 
      
	 
      	 
      	 
      

          

        

      

      

       

      
         

        
          
            
              	
                      By:

                    	 
      	 
      
	 
      	
                      Title:

                    	 
      
	 
      	 
      	 
      

            

          

        

        

      

      [Consented
to:]13

       

       

      [NAME OF
RELEVANT PARTY]

       

      
         

        
          
            
              	
                      By:

                    	 
      	 
      
	 
      	
                      Title:

                    	 
      
	 
      	 
      	 
      

            

          

        

        

      

      

        

      

      
        
          	
                  13

                	
                  To
      be added only if the consent of Company and/or other parties (e.g. Swing
      Line Lender, Issuing Lender) is required by the terms of the Credit
      Agreement.  Add additional signature blocks as
      needed.

                

        

         

      

      
        
          
            

             

            X-5

            Assignment
Agreement

          

           

        

        
           

          
            

          

        

        
           

        

      

      ANNEX
1

       

      STANDARD
TERMS AND CONDITIONS FOR

      ASSIGNMENT
AND ASSUMPTION

       

      1.           Representations and
Warranties.

       

      1.1           Assignor[s].  [The]
[Each] Assignor (a) represents and warrants that (i) it is the legal and
beneficial owner of [the] [the relevant] Assigned Interest, (ii) [the] [such]
Assigned Interest is free and clear of any lien, encumbrance or other adverse
claim and (iii) it has full power and authority, and has taken all action
necessary, to execute and deliver this Assignment and Assumption and to
consummate the transactions contemplated hereby; and (b) assumes no
responsibility with respect to (i) any statements, warranties or representations
made in or in connection with the Credit Agreement or any other Loan Document,
(ii) the execution, legality, validity, enforceability, genuineness, sufficiency
or value of the Loan Documents or any collateral thereunder, (iii) the financial
condition of the Company, any of its Subsidiaries or Affiliates or any other
Person obligated in respect of any Loan Document or (iv) the performance or
observance by the Company, any of its Subsidiaries or Affiliates or any other
Person of any of their respective obligations under any Loan
Document.

       

      1.2.           Assignee[s].  [The]
[Each] Assignee (a) represents and warrants that (i) it has full power and
authority, and has taken all action necessary, to execute and deliver this
Assignment and Assumption and to consummate the transactions contemplated hereby
and to become a Lender under the Credit Agreement, (ii) it meets all the
requirements of an Eligible Assignee under the Credit Agreement (subject to such
consents, if any, as may be required under the Credit Agreement), (iii) from and
after the Effective Date, it shall be bound by the provisions of the Credit
Agreement as a Lender thereunder and, to the extent of [the] [the relevant]
Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it is
sophisticated with respect to decisions to acquire assets of the type
represented by the Assigned Interest and either it, or the person exercising
discretion in making its decision to acquire the Assigned Interest, is
experienced in acquiring assets of such type, (v) it has received a copy of the
Credit Agreement (and has received or has been accorded the opportunity to
receive copies of the most recent financial statements delivered pursuant to
subsection 6.1 thereof, as applicable), the Intercreditor Agreement and such
other documents and information as it deems appropriate to make its own credit
analysis and decision to enter into this Assignment and Assumption and to
purchase [the] [such] Assigned Interest, (vi) 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 Assignment and Assumption and to
purchase [the] [such] Assigned Interest, and (vii) if it is a Foreign Lender,
attached to the Assignment and Assumption is any documentation required to be
delivered by it pursuant to the terms of the Credit Agreement, duly completed
and executed by [the] [such] Assignee; and (b) agrees that (i) it will,
independently and without reliance on the Administrative Agent, [the] [any]
Assignor or any other Lender, and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit decisions in
taking or not taking action under the Loan Documents, (ii) it will perform in
accordance with their terms all of the obligations which by the terms of the
Loan Documents are required to be performed by it as a Lender and (iii) it will
be bound by the provisions of the Intercreditor Agreement.

       

      2.           Payments.  From
and after the Effective Date, the Administrative Agent shall make all payments
in respect of [the] [each] Assigned Interest (including payments of principal,
interest, fees and other amounts) to [the] [the relevant] Assignor for amounts
which have accrued to but excluding the Effective Date and to [the] [the
relevant] Assignee for amounts which have accrued from and after the Effective
Date.

       

      
        
          
            

             

            X-ANNEX
1-1

            Assignment
Agreement

          

           

        

        
           

          
            

          

        

        
           

        

      

      3.           General
Provisions.  This Assignment and Assumption shall be binding
upon, and inure to the benefit of, the parties hereto and their respective
successors and assigns.  This Assignment and Assumption may be
executed in any number of counterparts, which together shall constitute one
instrument.  Delivery of an executed counterpart of a signature page
of this Assignment and Assumption by telecopy shall be effective as delivery of
a manually executed counterpart of this Assignment and
Assumption.  THIS ASSIGNMENT AND ASSUMPTION AGREEMENT AND THE RIGHTS
AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE
CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW
YORK (INCLUDING SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF
NEW YORK), WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THAT WOULD REQUIRE
APPLICATION OF ANOTHER LAW.

       

      
        
          
            

             

            X-ANNEX
1-2

            Assignment
Agreement

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
XI

       

      [FORM
OF] SOLVENCY CERTIFICATE

       

      _________
, 20 __

       

      This
SOLVENCY CERTIFICATE
(this “Certificate”) is
delivered in connection with that certain First Lien Credit Agreement dated as
of June [  ], 2007 (the “Credit Agreement”) by and
among IntraLinks, Inc., a Delaware corporation (“Company”), TA Indigo Holding
Corporation, a Delaware corporation (“Holdings”), the financial
institutions referred to therein as Lenders (“Lenders”), Deutsche Bank
Securities Inc. and Credit Suisse Securities (USA) LLC as Joint Lead Arrangers
and Joint Bookrunners (the “Arrangers”), Deutsche Bank
Trust Company Americas (“DB”), as administrative agent
for Lenders (in such capacity, “Administrative Agent”) and as collateral
agent for Lenders (in such capacity, “Collateral Agent”) and as syndication
agent, and ING Capital LLC, as documentation agent.  Capitalized terms
used herein without definition have the same meanings as in the Credit
Agreement.

       

      This
Certificate is being delivered pursuant to subsection 4.1F of the Credit
Agreement.  The undersigned is the Chief Financial Officer of Company
and hereby further certifies as of the date hereof, in [his] [her] capacity as
an officer of Company, and not individually, as follows:

       

      1.           I
have responsibility for (a) the management of the financial affairs of
Company and the preparation of financial statements of Company, and (b)
reviewing the financial and other aspects of the transactions contemplated by
the Credit Agreement.

       

      2.           I
have carefully prepared and/or reviewed the contents of this Certificate and
have conferred with counsel for Company for the purpose of discussing the
meaning of any provisions hereof that I desired to have clarified.

       

      3.           In
preparation for the consummation of the transactions contemplated by the Credit
Agreement, I have prepared and/or reviewed a pro forma balance sheet as at
__________, 2007 and pro forma income projections and pro forma cash flow
projections for each fiscal year during the term of the Credit Agreement for
Company and its Subsidiaries on a consolidated basis, in each case after giving
effect to the consummation of the transactions contemplated by the Credit
Agreement and the Related Agreements, including the Merger Agreement and the
Certificate of Merger.  The pro forma balance sheet, pro forma income
projections and pro forma cash flow projections are based upon good faith
estimates and assumptions believed by Company to be reasonable at the time made,
it being recognized by the Administrative Agent and the Lenders that such
projections as to future events are not to be viewed as facts and that actual
results during the period or periods covered by any such projections may differ
from the projected results.

       

      4.           Based
upon the foregoing and upon the best of my knowledge after due diligence, I have
concluded as follows:

       

      a.           the
“fair saleable value” of the property of Company and its Subsidiaries on a
consolidated basis is both (A) greater than the total amount of liabilities
(including contingent liabilities) of Company and its Subsidiaries on a
consolidated basis, and (B) not less than the amount that will be required to
pay the probable liabilities on Company’s and its Subsidiaries’ then existing
debts as they become absolute and due considering all financing alternatives and
potential asset sales reasonably available to Company and its
Subsidiaries.

       

      
        
          
            

             

            XI-1

            Solvency
Certificate

          

           

        

        
           

          
            

          

        

        
           

        

      

      b.           Company
and its Subsidiaries do not intend to incur, or believe (nor do they reasonably
believe) that they will incur, debts beyond their ability to pay such debts as
they become due.

       

      c.           Company
and its Subsidiaries do not have an unreasonably small amount of capital in
relation to their business or any contemplated or undertaken
transaction.

       

      In
computing the amount of such contingent liabilities as of the date hereof, such
liabilities have been computed at the amount that, in the light of all the facts
and circumstances existing as of the date hereof, represents the amount that can
reasonably be expected to become an actual or matured liability.

       

      I
understand that Administrative Agent and Lenders are relying on this Certificate
in extending credit to Company pursuant to the Credit Agreement.

       

      This
certificate is being executed and delivered by the undersigned in [his/her]
capacity as an officer of Company and no personal liability will attach to
[him/her] in connection with the execution and delivery of this
Certificate.

       

      
        
          
            

             

            XI-2

            Solvency
Certificate

          

           

        

        
           

          
            

          

        

        
           

        

      

      The
undersigned has executed this Certificate, in [his] [her] capacity as an officer
of Company and not individually, as of the date first written
above.

       

      
        
          
             

            
              
                
                  
                    
                      
                        
                          	 
      	
                                  
                                    INTRALINKS,
      INC.

                                  

                                
	 	 	 
	 	 	 
	 
      	
                                  By:

                                	 
      
	 
      	 
      	
                                  Name:

                                
	 
      	 
      	
                                  Title:

                                

                        

                      

                    

                  

                

              

            

          

        

        

      

      
        
          
            

             

            XI-3

            Solvency
Certificate

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
XII

       

      [FORM
OF] FIRST LIEN GUARANTY

       

      This
FIRST LIEN GUARANTY
(this “Guaranty”) is
entered into as of June [  ], 2007 (as of and upon effectiveness of
the Merger (as defined in the Credit Agreement referenced below)) by the
undersigned (each a “Guarantor”, and together with
any future Subsidiaries of Company that become a party hereto pursuant to
Section 15 hereof, being collectively referred to herein as the “Guarantors”) in favor of and
for the benefit of DEUTSCHE
BANK TRUST COMPANY AMERICAS, as agent for and representative of (in such
capacity herein called “Guarantied Party”) the
financial institutions (“Lenders”) party to the Credit
Agreement referred to below and any Swap Counterparties (as hereinafter
defined), and in favor of and for the benefit of the other Beneficiaries (as
hereinafter defined).

       

      RECITALS

       

      A.           IntraLinks,
Inc., a Delaware corporation (“Company”), has entered into
that certain First Lien Credit Agreement dated as of June [  ], 2007
with TA Indigo Holding Corporation, a Delaware corporation, Lenders, Deutsche
Bank Securities Inc. and Credit Suisse Securities (USA) LLC as Joint Lead
Arrangers and Joint Bookrunners, Deutsche Bank Trust Company Americas, as
Administrative Agent and Collateral Agent for Lenders and as Syndication Agent,
and ING Capital LLC, as Documentation Agent (said First Lien Credit Agreement,
as it may hereafter be amended, supplemented or otherwise modified from time to
time, being the “Credit
Agreement”; capitalized terms defined therein and not otherwise defined
herein being used herein as therein defined).

       

      B.           Company
and its Subsidiaries may from time to time enter, or may from time to time have
entered, into one or more Hedge Agreements (collectively, the “Lender Swap Agreements”) with
one or more Persons that are Lenders or Affiliates of Lenders at the time such
Lender Swap Agreements are entered into (in such capacity, collectively, “Swap Counterparties”) in
accordance with the terms of the Credit Agreement, and it is desired that the
obligations of Company under the Lender Swap Agreements, including without
limitation the obligation of Company to make payments thereunder in the event of
early termination thereof, together with all obligations of Company under the
Credit Agreement and the other Loan Documents, be guarantied
hereunder.

       

      C.           Guarantied
Party, Lenders and each Swap Counterparty for which Guarantied Party has
received the notice required by Section 18 hereof are sometimes referred to
herein as “Beneficiaries”.

       

      D.           A
portion of the proceeds of the Loans may be advanced to other Guarantors that
are Subsidiaries of Company, and thus the Guarantied Obligations (as hereinafter
defined) are being incurred for and will inure to the benefit of Guarantors
(which benefits are hereby acknowledged).

       

      E.           It
is a condition precedent to the making of the initial Loans under the Credit
Agreement that Company’s obligations thereunder be guarantied by
Guarantors.

       

      F.           Guarantors
are willing irrevocably and unconditionally to guaranty such obligations of
Company.

       

      NOW, THEREFORE, based upon the
foregoing and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, and in order to induce Lenders and Guarantied
Party to enter into the Credit Agreement and to make Loans and other extensions
of credit thereunder and to induce Swap Counterparties to enter into the Lender
Swap Agreements, Guarantors hereby agree as follows:

       

      
        
          
            

             

            XII-1

            Guaranty

          

           

        

        
           

          
            

          

        

        
           

        

      

      1.           Guaranty.

       

      (a)           Guarantors
jointly and severally irrevocably and unconditionally guaranty, as primary
obligors and not merely as sureties, the due and punctual payment in full of all
Guarantied Obligations (as hereinafter defined) when the same shall become due,
whether at stated maturity, by acceleration, demand or otherwise (including
amounts that would become due but for the operation of the automatic stay under
Section 362(a) of the Bankruptcy Code).  The term “Guarantied Obligations” is
used herein in its most comprehensive sense and includes any and all Obligations
of Company and all obligations of Company or any Subsidiary under Lender Swap
Agreements, now or hereafter made, incurred or created, whether absolute or
contingent, liquidated or unliquidated, whether due or not due, and however
arising under or in connection with the Credit Agreement, the Lender Swap
Agreements, this Guaranty and the other Loan Documents, including those arising
under successive borrowing transactions under the Credit Agreement which shall
either continue such obligations of Company or from time to time renew them
after they have been satisfied.

       

      Each
Guarantor acknowledges that a portion of the Loans may be advanced to it, that
Letters of Credit may be issued for the benefit of its business and that the
Guarantied Obligations are being incurred for and will inure to its
benefit.

       

      Any
interest on any portion of the Guarantied Obligations that accrues after the
commencement of any proceeding, voluntary or involuntary, involving the
bankruptcy, insolvency, receivership, reorganization, liquidation or arrangement
of Company (or, if interest on any portion of the Guarantied Obligations ceases
to accrue by operation of law by reason of the commencement of said proceeding,
such interest as would have accrued on such portion of the Guarantied
Obligations if said proceeding had not been commenced) shall be included in the
Guarantied Obligations because it is the intention of each Guarantor and
Guarantied Party that the Guarantied Obligations should be determined without
regard to any rule of law or order that may relieve Company of any portion of
such Guarantied Obligations.

       

      In the
event that all or any portion of the Guarantied Obligations is paid by Company,
the obligations of each Guarantor hereunder shall continue and remain in full
force and effect or be reinstated, as the case may be, in the event that all or
any part of such payment(s) is rescinded or recovered directly or indirectly
from Guarantied Party or any other Beneficiary as a preference, fraudulent
transfer or otherwise, and any such payments that are so rescinded or recovered
shall constitute Guarantied Obligations.

       

      Subject
to the other provisions of this Section 1, upon the failure of Company to pay
any of the Guarantied Obligations when and as the same shall become due, each
Guarantor will upon demand pay, or cause to be paid, in cash, to Guarantied
Party for the ratable benefit of Beneficiaries, an amount equal to the aggregate
of the unpaid Guarantied Obligations.

       

      (b)           Anything
contained in this Guaranty to the contrary notwithstanding, the obligations of
each Guarantor under this Guaranty and the other Loan Documents shall be limited
to a maximum aggregate amount equal to the largest amount that would not render
its obligations hereunder subject to avoidance as a fraudulent transfer or
conveyance under Section 548 of Title 11 of the United States Code or any
applicable provisions of comparable state law (collectively, the “Fraudulent Transfer Laws”), in
each case after giving effect to all other liabilities of such Guarantor,
contingent or otherwise, that are relevant under the Fraudulent Transfer Laws
(specifically excluding, however, any liabilities of such Guarantor (x) in
respect of intercompany indebtedness to Company or other affiliates of Company
to the extent that such indebtedness would be discharged in an amount equal to
the amount paid by such Guarantor hereunder and (y) under any guaranty of
Subordinated Indebtedness which guaranty contains a limitation as to maximum
amount similar to that set forth in this Section 1(b), pursuant to which the
liability of such Guarantor hereunder is included in the liabilities taken into
account in determining such maximum amount) and after giving effect as assets to
the value (as determined under the applicable provisions of the Fraudulent
Transfer Laws) of any rights to subrogation, reimbursement, indemnification or
contribution of such Guarantor pursuant to applicable law or pursuant to the
terms of any agreement.

       

      
        
          
            

             

            XII-2

            Guaranty

          

           

        

        
           

          
            

          

        

        
           

        

      

      (c)           Each
Guarantor under this Guaranty, and each guarantor under other guaranties, if
any, relating to the Credit Agreement (the “Related Guaranties”) that
contain a contribution provision similar to that set forth in this Section 1(c),
together desire to allocate among themselves (collectively, the “Contributing Guarantors”), in
a fair and equitable manner, their obligations arising under this Guaranty and
the Related Guaranties.  Accordingly, in the event any payment or
distribution is made on any date by a Guarantor under this Guaranty or a
guarantor under a Related Guaranty, each such Guarantor or such other guarantor
shall be entitled to a contribution from each of the other Contributing
Guarantors in the maximum amount permitted by law so as to maximize the
aggregate amount of the Guarantied Obligations paid to
Beneficiaries.

       

      2.           Guaranty Absolute; Continuing
Guaranty.  The obligations of each Guarantor hereunder are
irrevocable, absolute, independent and unconditional and shall not be affected
by any circumstance which constitutes a legal or equitable discharge of a
guarantor or surety other than payment in full of the Guarantied
Obligations.  In furtherance of the foregoing and without limiting the
generality thereof, each Guarantor agrees that:  (a) this
Guaranty is a guaranty of payment when due and not of collectibility;
(b) Guarantied Party may enforce this Guaranty upon the occurrence and
during the continuance of an Event of Default under the Credit Agreement or the
occurrence of an early termination date or similar event under any Lender Swap
Agreements notwithstanding the existence of any dispute between Company and any
Beneficiary with respect to the existence of such event; (c) the
obligations of each Guarantor hereunder are independent of the obligations of
Company under the Loan Documents or the Lender Swap Agreements and the
obligations of any other guarantor of obligations of Company and a separate
action or actions may be brought and prosecuted against each Guarantor whether
or not any action is brought against Company or any of such other guarantors and
whether or not Company is joined in any such action or actions; and (d) a
payment of a portion, but not all, of the Guarantied Obligations by one or more
Guarantors shall in no way limit, affect, modify or abridge the liability of
such or any other Guarantor for any portion of the Guarantied Obligations that
has not been paid.  This Guaranty is a continuing guaranty and shall
be binding upon each Guarantor and its successors and assigns, and each
Guarantor irrevocably waives any right to revoke this Guaranty as to future
transactions giving rise to any Guarantied Obligations.

       

      3.           Actions by
Beneficiaries.  Any Beneficiary may from time to time, without
notice or demand and without affecting the validity or enforceability of this
Guaranty or giving rise to any limitation, impairment or discharge of any
Guarantor’s liability hereunder, (a) renew, extend, accelerate or otherwise
change the time, place, manner or terms of payment of the Guarantied
Obligations, (b) settle, compromise, release or discharge, or accept or
refuse any offer of performance with respect to, or substitutions for, the
Guarantied Obligations or any agreement relating thereto and/or subordinate the
payment of the same to the payment of any other obligations, (c) request
and accept other guaranties of the Guarantied Obligations and take and hold
security for the payment of this Guaranty or the Guarantied Obligations,
(d) release, exchange, compromise, subordinate or modify, with or without
consideration, any security for payment of the Guarantied Obligations, any other
guaranties of the Guarantied Obligations, or any other obligation of any Person
with respect to the Guarantied Obligations, (e) enforce and apply any
security now or hereafter held by or for the benefit of any Beneficiary in
respect of this Guaranty or the Guarantied Obligations and direct the order or
manner of sale thereof, or exercise any other right or remedy that Guarantied
Party or the other Beneficiaries, or any of them, may have against any such
security, as Guarantied Party in its discretion may determine consistent with
the Credit Agreement, the Lender Swap Agreements and any applicable security
agreement, including foreclosure on any such security pursuant to one or more
judicial or nonjudicial sales, whether or not every aspect of any such sale is
commercially reasonable, and (f) exercise any other rights available to
Guarantied Party or the other Beneficiaries, or any of them, under the Loan
Documents or the Lender Swap Agreements.

       

      
        
          
            

             

            XII-3

            Guaranty

          

           

        

        
           

          
            

          

        

        
           

        

      

      4.           No Discharge.  This
Guaranty and the obligations of Guarantors hereunder shall be valid and
enforceable and shall not be subject to any limitation, impairment or discharge
for any reason (other than payment in full of the Guarantied Obligations),
including without limitation the occurrence of any of the following, whether or
not any Guarantor shall have had notice or knowledge of any of
them:  (a) any failure to assert or enforce or agreement not to
assert or enforce, or the stay or enjoining, by order of court, by operation of
law or otherwise, of the exercise or enforcement of, any claim or demand or any
right, power or remedy with respect to the Guarantied Obligations or any
agreement relating thereto, or with respect to any other guaranty of or security
for the payment of the Guarantied Obligations, (b) any waiver or
modification of, or any consent to departure from, any of the terms or
provisions of the Credit Agreement, any of the other Loan Documents, the Lender
Swap Agreements or any agreement or instrument executed pursuant thereto, or of
any other guaranty or security for the Guarantied Obligations, (c) the
Guarantied Obligations, or any agreement relating thereto, at any time being
found to be illegal, invalid or unenforceable in any respect, (d) the
application of payments received from any source to the payment of indebtedness
other than the Guarantied Obligations, even though Guarantied Party or the other
Beneficiaries, or any of them, might have elected to apply such payment to any
part or all of the Guarantied Obligations, (e) any failure to perfect or
continue perfection of a security interest in any collateral which secures any
of the Guarantied Obligations, (f) any defenses, set-offs or counterclaims
which Company may assert against Guarantied Party or any Beneficiary in respect
of the Guarantied Obligations, including but not limited to failure of
consideration, breach of warranty, payment, statute of frauds, statute of
limitations, accord and satisfaction and usury, and (g) any other act or
thing or omission, or delay to do any other act or thing, which may or might in
any manner or to any extent vary the risk of a Guarantor as an obligor in
respect of the Guarantied Obligations.

       

      5.           Waivers.  Each
Guarantor waives, for the benefit of Beneficiaries:  (a) any
right to require Guarantied Party or the other Beneficiaries, as a condition of
payment or performance by such Guarantor, to (i) proceed against Company,
any other guarantor of the Guarantied Obligations or any other Person,
(ii) proceed against or exhaust any security held from Company, any other
guarantor of the Guarantied Obligations or any other Person, (iii) proceed
against or have resort to any balance of any deposit account or credit on the
books of any Beneficiary in favor of Company or any other Person, or
(iv) pursue any other remedy in the power of  any Beneficiary;
(b) any defense arising by reason of the incapacity, lack of authority or
any disability or other defense of Company including, without limitation, any
defense based on or arising out of the lack of validity or the unenforceability
of the Guarantied Obligations or any agreement or instrument relating thereto or
by reason of the cessation of the liability of Company from any cause other than
payment in full of the Guarantied Obligations; (c) any defense based upon
any statute or rule of law which provides that the obligation of a surety must
be neither larger in amount nor in other respects more burdensome than that of
the principal; (d) any defense based upon Guarantied Party’s or any other
Beneficiary’s errors or omissions in the administration of the Guarantied
Obligations, except behavior that amounts to bad faith; (e) (i) any
principles or provisions of law, statutory or otherwise, that are or might be in
conflict with the terms of this Guaranty and any legal or equitable discharge of
such Guarantor’s obligations hereunder, (ii) the benefit of any statute of
limitations affecting such Guarantor’s liability hereunder or the enforcement
hereof, (iii) any rights to set-offs, recoupments and counterclaims, and
(iv) promptness, diligence and any requirement that any Beneficiary protect,
secure, perfect or insure any Lien or any property subject thereto;
(f) notices, demands, presentments, protests, notices of protest, notices
of dishonor and notices of any action or inaction, including acceptance of this
Guaranty, notices of default under the Credit Agreement, notices of default or
early termination under any Lender Swap Agreement or any agreement or instrument
related thereto, notices of any renewal, extension or modification of the
Guarantied Obligations or any agreement related thereto, notices of any
extension of credit to Company and notices of any of the matters referred to in
Sections 3 and 4 and any right to consent to any thereof; and (g) to the
fullest extent permitted by law, any defenses or benefits that may be derived
from or afforded by law which limit the liability of or exonerate guarantors or
sureties, or which may conflict with the terms of this Guaranty.

       

      
        
          
            

             

            XII-4

            Guaranty

          

           

        

        
           

          
            

          

        

        
           

        

      

      6.           Guarantors’ Rights of Subrogation,
Contribution, Etc.; Subordination of Other Obligations.  Until
the Guarantied Obligations (other than Unasserted Obligations and obligations
under the Lender Swap Agreements) shall have been paid in full and the
Commitments shall have terminated, all Letters of Credit shall have expired or
been cancelled (or the reimbursement Obligations in respect thereof have been
secured with cash collateral or letters of credit in a manner reasonably
satisfactory to Secured Party) and the Lender Swap Agreements have been paid in
full (or the obligations thereunder have been secured by a collateral
arrangement reasonably satisfactory to the applicable Swap Counterparty), each
Guarantor shall withhold exercise of (a) any claim, right or remedy, direct
or indirect, that such Guarantor now has or may hereafter have against Company
or any of its assets in connection with this Guaranty or the performance by such
Guarantor of its obligations hereunder, in each case whether such claim, right
or remedy arises in equity, under contract, by statute, under common law or
otherwise and including without limitation (i) any right of subrogation,
reimbursement or indemnification that such Guarantor now has or may hereafter
have against Company, (ii) any right to enforce, or to participate in, any
claim, right or remedy that any Beneficiary now has or may hereafter have
against Company, and (iii) any benefit of, and any right to participate in,
any collateral or security now or hereafter held by any Beneficiary and
(b) any right of contribution such Guarantor now has or may hereafter have
against any other guarantor of any of the Guarantied
Obligations.  Each Guarantor further agrees that, to the extent the
agreement to withhold the exercise of its rights of subrogation, reimbursement,
indemnification and contribution as set forth herein is found by a court of
competent jurisdiction to be void or voidable for any reason, any rights of
subrogation, reimbursement or indemnification such Guarantor may have against
Company or against any collateral or security, and any rights of contribution
such Guarantor may have against any such other guarantor, shall be junior and
subordinate to any rights Guarantied Party or the other Beneficiaries may have
against Company, to all right, title and interest Guarantied Party or the other
Beneficiaries may have in any such collateral or security, and to any right
Guarantied Party or the other Beneficiaries may have against such other
guarantor.

       

      Any
indebtedness of Company now or hereafter held by any Guarantor is subordinated
in right of payment to the Guarantied Obligations, and any such indebtedness of
Company to a Guarantor collected or received by such Guarantor after an Event of
Default has occurred and is continuing, and any amount paid to a Guarantor on
account of any subrogation, reimbursement, indemnification or contribution
rights referred to in the preceding paragraph when all Guarantied Obligations
have not been paid in full, shall be held in trust for Guarantied Party on
behalf of Beneficiaries and shall forthwith be paid over to Guarantied Party for
the benefit of Beneficiaries to be credited and applied against the Guarantied
Obligations.

       

      7.           Expenses.  Guarantors
jointly and severally agree to pay, or cause to be paid, on demand, and to save
Guarantied Party and the other Beneficiaries harmless against liability for,
(i) all costs and expenses, including outside attorneys’ fees, fees, costs
and expenses of accountants, advisors and consultants and costs of settlement,
incurred by Guarantied Party or any other Beneficiary in connection with
enforcing any Obligations of or in collecting any payments due from any Loan
Party under this Guaranty and (ii) any and all costs and expenses (including
those arising from rights of indemnification) required to be paid by Guarantors
under the provisions of any other Loan Document.

       

      
        
          
            

             

            XII-5

            Guaranty

          

           

        

        
           

          
            

          

        

        
           

        

      

      8.           Financial Condition of
Company.  No Beneficiary shall have any obligation, and each
Guarantor waives any duty on the part of any Beneficiary, to disclose or discuss
with such Guarantor its assessment, or such Guarantor’s assessment, of the
financial condition of Company or any matter or fact relating to the business,
operations or condition of Company.  Each Guarantor has adequate means
to obtain information from Company on a continuing basis concerning the
financial condition of Company and its ability to perform its obligations under
the Loan Documents and the Lender Swap Agreements, and each Guarantor assumes
the responsibility for being and keeping informed of the financial condition of
Company and of all circumstances bearing upon the risk of nonpayment of the
Guarantied Obligations.

       

      9.           Representations and
Warranties.  Each Guarantor makes, for the benefit of
Beneficiaries, each of the representations and warranties made in the Credit
Agreement by Company as to such Guarantor, its assets, financial condition,
operations, organization, legal status, business and the Loan Documents to which
it is a party.

       

      10.           Covenants.  Each
Guarantor agrees that, so long as any part of the Guarantied Obligations (other
than Unasserted Obligations and obligations under the Lender Swap Agreements)
shall remain unpaid, any Letter of Credit shall be outstanding (unless the
reimbursement Obligations in respect thereof have been secured with cash
collateral or letters of credit in a manner reasonably satisfactory to Secured
Party), any Lender shall have any Commitment or any Swap Counterparty shall have
any obligation under any Lender Swap Agreement (unless the obligations
thereunder have been secured by a collateral arrangement reasonably satisfactory
to the Swap Counterparty), such Guarantor will, unless Requisite Obligees (as
such term is defined in Section 17(a)) shall otherwise consent in writing,
perform or observe, and cause its Subsidiaries to perform or observe, all of the
terms, covenants and agreements that the Loan Documents state that Company is to
cause a Guarantor and such Subsidiaries to perform or observe.

       

      11.           Set Off.  In
addition to any other rights any Beneficiary may have under law or in equity, if
any amount shall at any time be due and owing by a Guarantor to any Beneficiary
under this Guaranty, such Beneficiary is authorized at any time or from time to
time while an Event of Default shall have occurred and be continuing, without
notice (any such notice being expressly waived), to set off and to appropriate
and to apply any and all deposits (general or special, including but not limited
to indebtedness evidenced by certificates of deposit, whether matured or
unmatured) and any other indebtedness of such Beneficiary owing to a Guarantor
and any other property of such Guarantor held by a Beneficiary to or for the
credit or the account of such Guarantor against and on account of the Guarantied
Obligations and liabilities of such Guarantor to any Beneficiary under this
Guaranty.

       

      12.           Discharge of Guaranty Upon Sale of
Guarantor.  If any Guarantor or any of its successors in
interest under this Guaranty shall be sold or otherwise shall cease to be a
Subsidiary in a transaction not prohibited by the Credit Agreement or otherwise
consented to by Requisite Obligees (as such term is defined in
Section 17(a)), such Guarantor or such successor in interest, as the case
may be, Guarantied Party shall, at the request of such Guarantor, execute and
deliver documents or instruments necessary to evidence the release and discharge
of such Guarantor from this Guaranty as provided in subsection 10.14 of the
Credit Agreement.

       

      
        
          
            

             

            XII-6

            Guaranty

          

           

        

        
           

          
            

          

        

        
           

        

      

      13.           Amendments and
Waivers.  No amendment, modification, termination or waiver of
any provision of this Guaranty, and no consent to any departure by any Guarantor
therefrom, shall in any event be effective without the written concurrence of
Guarantied Party and, in the case of any such amendment or modification,
Guarantors.  Any such waiver or consent shall be effective only in the
specific instance and for the specific purpose for which it was
given.

       

      14.           Miscellaneous.  It
is not necessary for Beneficiaries to inquire into the capacity or powers of any
Guarantor or Company or the officers, directors or any agents acting or
purporting to act on behalf of any of them.

       

      The
rights, powers and remedies given to Beneficiaries by this Guaranty are
cumulative and shall be in addition to and independent of all rights, powers and
remedies given to Beneficiaries by virtue of any statute or rule of law or in
any of the Loan Documents or the Lender Swap Agreements or any agreement between
one or more Guarantors and one or more Beneficiaries or between Company and one
or more Beneficiaries.  Any forbearance or failure to exercise, and
any delay by any Beneficiary in exercising, any right, power or remedy hereunder
shall not impair any such right, power or remedy or be construed to be a waiver
thereof, nor shall it preclude the further exercise of any such right, power or
remedy.

       

      In case
any provision in or obligation under this Guaranty shall be invalid, illegal or
unenforceable in any jurisdiction, the validity, legality and enforceability of
the remaining provisions or obligations, or of such provision or obligation in
any other jurisdiction, shall not in any way be affected or impaired
thereby.

       

      THIS
GUARANTY AND THE RIGHTS AND OBLIGATIONS OF GUARANTORS, GUARANTIED PARTY AND THE
OTHER BENEFICIARIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND
ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK
(INCLUDING WITHOUT LIMITATION SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF
THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS OF LAWS PRINCIPLES THAT
WOULD REQUIRE APPLICATION OF ANOTHER LAW.

       

      This
Guaranty shall inure to the benefit of Beneficiaries and their respective
successors and assigns.

       

      ALL
JUDICIAL PROCEEDINGS BROUGHT AGAINST ANY GUARANTOR ARISING OUT OF OR RELATING TO
THIS GUARANTY MAY BE BROUGHT IN ANY STATE OR FEDERAL COURT OF COMPETENT
JURISDICTION IN THE STATE OF NEW YORK, AND BY EXECUTION AND DELIVERY OF THIS
GUARANTY EACH GUARANTOR ACCEPTS FOR ITSELF AND IN CONNECTION WITH ITS
PROPERTIES, GENERALLY AND UNCONDITIONALLY, THE NONEXCLUSIVE JURISDICTION OF THE
AFORESAID COURTS AND WAIVES ANY DEFENSE OF FORUM NON CONVENIENS AND IRREVOCABLY
AGREES TO BE BOUND BY ANY JUDGMENT RENDERED THEREBY IN CONNECTION WITH THIS
GUARANTY.  Each Guarantor agrees that service of all process in any
such proceeding in any such court may be made by registered or certified mail,
return receipt requested, to such Guarantor at its address set forth below its
signature hereto, such service being acknowledged by such Guarantor to be
sufficient for personal jurisdiction in any action against such Guarantor in any
such court and to be otherwise effective and binding service in every
respect.  Nothing herein shall affect the right to serve process in
any other manner permitted by law or shall limit the right of Guarantied Party
or any Beneficiary to bring proceedings against such Guarantor in the courts of
any other jurisdiction.

       

      
        
          
            

             

            XII-7

            Guaranty

          

           

        

        
           

          
            

          

        

        
           

        

      

      EACH GUARANTOR AND, BY ITS ACCEPTANCE
OF THE BENEFITS HEREOF, GUARANTIED PARTY EACH AGREES TO WAIVE ITS RESPECTIVE
RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT
OF THIS GUARANTY.  THE SCOPE OF THIS WAIVER IS INTENDED TO BE
ALL-ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT AND THAT
RELATE TO THE SUBJECT MATTER OF THIS TRANSACTION, INCLUDING WITHOUT LIMITATION
CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS AND ALL OTHER COMMON LAW AND
STATUTORY CLAIMS. EACH GUARANTOR AND, BY ITS ACCEPTANCE OF THE BENEFITS HEREOF,
GUARANTIED PARTY EACH (I) ACKNOWLEDGES THAT THIS WAIVER IS A MATERIAL
INDUCEMENT FOR SUCH GUARANTOR AND GUARANTIED PARTY TO ENTER INTO A BUSINESS
RELATIONSHIP, THAT SUCH GUARANTOR AND GUARANTIED PARTY HAVE ALREADY RELIED ON
THIS WAIVER IN ENTERING INTO THIS GUARANTY OR ACCEPTING THE BENEFITS THEREOF, AS
THE CASE MAY BE, AND THAT EACH WILL CONTINUE TO RELY ON THIS WAIVER IN THEIR
RELATED FUTURE DEALINGS, AND (II) FURTHER WARRANTS AND REPRESENTS THAT EACH
HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL AND THAT EACH KNOWINGLY AND
VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL
COUNSEL.  THIS WAIVER IS IRREVOCABLE, MEANING THAT IT MAY NOT BE
MODIFIED EITHER ORALLY OR IN WRITING, AND THIS WAIVER SHALL APPLY TO ANY
SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS OF THIS
GUARANTY.  In the event of litigation, this Guaranty may be
filed as a written consent to a trial by the court.

       

      15.           Additional
Guarantors.  The initial Guarantor(s) hereunder shall be such
of the Subsidiaries of Company as are signatories hereto on the date
hereof.  From time to time subsequent to the date hereof, Subsidiaries
of Company may become parties hereto, as additional Guarantors (each an “Additional Guarantor”) as
required under subsection 6.8 of the Credit Agreement, by executing a
counterpart of this Guaranty.  A form of such a counterpart is
attached as Exhibit A.  Upon
delivery of any such counterpart to Guarantied Party, notice of which is hereby
waived by Guarantors, each such Additional Guarantor shall be a Guarantor and
shall be as fully a party hereto as if such Additional Guarantor were an
original signatory hereof.  Each Guarantor expressly agrees that its
obligations arising hereunder shall not be affected or diminished by the
addition or release of any other Guarantor hereunder, nor by any election of the
Guarantied Party not to cause any Subsidiary of Company to become an Additional
Guarantor hereunder.  This Guaranty shall be fully effective as to any
Guarantor that is or becomes a party hereto regardless of whether any other
Person becomes or fails to become or ceases to be a Guarantor
hereunder.

       

      16.           Counterparts;
Effectiveness.  This Guaranty may be executed in any number of
counterparts and by the different parties hereto in separate counterparts, each
of which when so executed and delivered shall be deemed to be an original for
all purposes; but all such counterparts together shall constitute but one and
the same instrument.  This Guaranty shall become effective as to each
Guarantor upon the execution of a counterpart hereof by such Guarantor (whether
or not a counterpart hereof shall have been executed by any other Guarantor) and
receipt by the Guaranteed Party of written or telephonic notification of such
execution and authorization of delivery thereof.

       

      17.           Guarantied Party as
Agent.

       

      (a)           Guarantied
Party has been appointed to act as Guarantied Party hereunder by
Lenders.  Guarantied Party shall be obligated, and shall have the
right hereunder, to make demands, to give notices, to exercise or refrain from
exercising any rights, and to take or refrain from taking any action, solely in
accordance with this Guaranty and the Credit Agreement; provided that
Guarantied Party shall exercise, or refrain from exercising, any remedies under
or with respect to this Guaranty in accordance with the instructions of
(i) Requisite Lenders, or (ii) after payment in full of all
Obligations under the Credit Agreement and the other Loan Documents (other than
Unasserted Obligations and obligations under the Lender Swap Agreements), the
cancellation or expiration of all Letters of Credit (or the securing of
reimbursement Obligations in respect thereof with cash collateral or letters of
credit in a manner reasonably satisfactory to Secured Party) and the termination
of the Commitments, the holders of a majority of (A) the aggregate notional
amount under all Lender Swap Agreements (including Lender Swap Agreements that
have been terminated) or (B) if all Lender Swap Agreements have been
terminated in accordance with their terms, the aggregate amount then due and
payable (exclusive of expenses and similar payments but including any early
termination payments then due) under such Lender Swap Agreements (Requisite
Lenders or, if applicable, such holders being referred to herein as “Requisite
Obligees”).

       

      
        
          
            

             

            XII-8

            Guaranty

          

           

        

        
           

          
            

          

        

        
           

        

      

      (b)           Guarantied
Party shall at all times be the same Person that is Administrative Agent under
the Credit Agreement.  Written notice of resignation by Administrative
Agent pursuant to subsection 9.5 of the Credit Agreement shall also constitute
notice of resignation as Guarantied Party under this Guaranty; and appointment
of a successor Administrative Agent pursuant to subsection 9.5 of the Credit
Agreement shall also constitute appointment of a successor Guarantied Party
under this Guaranty.  Upon the acceptance of any appointment as
Administrative Agent under subsection 9.5 of the Credit Agreement by a successor
Administrative Agent, that successor Administrative Agent shall thereupon
succeed to and become vested with all the rights, powers, privileges and duties
of the retiring Guarantied Party under this Guaranty, and the retiring
Guarantied Party under this Guaranty shall promptly (i) transfer to such
successor Guarantied Party all sums held hereunder, together with all records
and other documents necessary or appropriate in connection with the performance
of the duties of the successor Guarantied Party under this Guaranty, and
(ii) take such other actions as may be necessary or appropriate in
connection with the assignment to such successor Guarantied Party of the rights
created hereunder, whereupon such retiring Guarantied Party shall be discharged
from its duties and obligations under this Guaranty.  After any
retiring Guarantied Party’s resignation hereunder as Guarantied Party, the
provisions of this Guaranty shall inure to its benefits as to any actions taken
or omitted to be taken by it under this Guaranty while it was Guarantied Party
hereunder.

       

      18.           Notice of Lender Swap
Agreements.  Guarantied Party shall not be deemed to have any
duty whatsoever with respect to any Swap Counterparty until it shall have
received written notice in form and substance satisfactory to Guarantied Party
from Company, a Guarantor or the Swap Counterparty as to the existence and terms
of the applicable Lender Swap Agreement.

       

      [Remainder
of page intentionally left blank.]

      
        
          
            

             

            XII-9

            Guaranty

          

           

        

        
           

          
            

          

        

        
           

        

      

      IN WITNESS WHEREOF, each
Guarantor, solely for the purposes of the waiver of the right to jury trial
contained in Section 14, and Guarantied Party have caused this Guaranty to be
duly executed and delivered by their respective officers thereunto duly
authorized as of the date first written above.

       

      
        
          
            
              
                
                  
                    
                      
                        	 
      	
                                TA
      INDIGO HOLDING CORPORATION

                              
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                                By:

                              	 
      
	 
      	 
      	
                                Name:

                              	 
      
	 
      	 
      	
                                Title:

                              	 
      
	 
      	 
      	
                                Address:

                              	
                                c/o
      TA Associates

                              
	 
      	 
      	 
      	
                                John
      Hancock Tower

                              
	 
      	 
      	 
      	
                                200
      Clarendon Street

                              
	 
      	 
      	 
      	
                                Boston,
      MA
02116

                              

                      

                    

                  

                

              

            

          

        

      

      

      

      As of and
upon the effectiveness of the Merger, each of the undersigned hereby
acknowledges and agrees to assume the rights and obligations of a Guarantor as
set forth herein and that all references herein to Guarantor shall thereupon
deemed to be references to each of the undersigned.

      

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      	 
      	
                                              
                                                [GUARANTORS]

                                              

                                            
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                                              By:

                                            	 
      
	 
      	 
      	
                                              Name:

                                            	 
      
	 
      	 
      	
                                              Title:

                                            	 
      
	 
      	 
      	
                                              Address:

                                            	
                                               

                                            
	 
      	 
      	 
      	
                                               

                                            
	 
      	 
      	 
      	
                                               

                                            
	 
      	 
      	 
      	
                                               

                                            

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      

      
         

        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    	 
      	
                                            
                                              DEUTSCHE
      BANK TRUST COMPANY

                                            

                                          
	 
      	 
      	
                                            AMERICAS, as Guarantied
      Party

                                          
	 
      	 
      	 
      	 
      
	 
      	
                                            By:

                                          	 
      
	 
      	 
      	
                                            Name:

                                          	 
      
	 
      	 
      	
                                            Title:

                                          	 
      

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

        

          
             

            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    	 
      	
                                                            By:

                                                          	 
      
	 
      	 
      	
                                                            Name:

                                                          	 
      
	 
      	 
      	
                                                            Title:

                                                          	 
      
	 	 	 	 
	 	 	
                                                            Address:

                                                          	60 Wall Street
	 	 	 	New York,
NY  10005

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

            

              
                
                  
                    

                     

                    XII-S-6

                    

                  

                   

                

                
                   

                  
                    

                  

                

                
                   

                

              

          

        

      

      EXHIBIT
A

       

      

       

      [FORM
OF] COUNTERPART FOR ADDITIONAL GUARANTORS

       

      This
COUNTERPART (this “Counterpart”), dated _______,
20__, is delivered pursuant to Section 15 of the Guaranty referred to
below.  The undersigned hereby agrees that this Counterpart may be
attached to the First Lien Guaranty, dated as of June [  ], 2007 (as
it may be from time to time amended, modified or supplemented, the “Guaranty”; capitalized terms
used herein not otherwise defined herein shall have the meanings ascribed
therein), among the Guarantors named therein and Deutsche Bank Trust Company
Americas, as Guarantied Party.  The undersigned, by executing and
delivering this Counterpart, hereby becomes an Additional Guarantor under the
Guaranty in accordance with Section 15 thereof and agrees to be bound by all of
the terms thereof.

       

      IN WITNESS WHEREOF, the
undersigned has caused this Counterpart to be duly executed and delivered by its
officer thereunto duly authorized as of ______________, 20__.

       

       

      
         

        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        	 
      	
                                                
                                                  
                                                    [NAME
      OF ADDITIONAL GUARANTOR]

                                                  

                                                

                                              
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                                                By:

                                              	 
      
	 
      	 
      	
                                                Name:

                                              	 
      
	 
      	 
      	
                                                Title:

                                              	 
      
	 
      	 
      	
                                                Address:

                                              	
                                                 

                                              
	 
      	 
      	 
      	
                                                 

                                              
	 
      	 
      	 
      	
                                                 

                                              
	 
      	 
      	 
      	
                                                 

                                              

                                      

                                    

                                  

                                

                              

                               

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      
        
          
            

             

            XII-A-1

            Subsidiary
Guaranty

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
XIII

       

      [FORM
OF] FIRST LIEN SECURITY AGREEMENT

       

      [To
be distributed separately]

       

      
        
          
            

             

            XIII-1

             

            Security
Agreement

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
XIV

       

      [FORM OF ]
INTERCREDITOR AGREEMENT

       

      [To
be distributed separately]

       

      
        
          
            

             

            XV-1

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
XVI

      

      [FORM
OF] PREFERRED STOCK CERTIFICATE OF DESIGNATIONS

      

      [To
be distributed separately]

      

      
        
          
            

             

            XVI-1

          

           

        

        
           

          
            

          

        

        
           

        

      

      AMENDMENT
NO. 1 TO CREDIT AGREEMENT

       

      Amendment
No. 1, dated as of May 14, 2010 (this “Amendment”), to the
First Lien Credit Agreement, dated as of June 15, 2007 (as amended, amended and
restated, supplemented or otherwise modified from time to time, the “Credit Agreement”),
among IntraLinks Holdings, Inc., a Delaware corporation (“Holdings”),
IntraLinks, Inc., a Delaware corporation (the “Borrower”), each
lender from time to time party thereto (collectively, the “Lenders” and
individually, a “Lender”), Deutsche
Bank Trust Company Americas, as administrative agent (in such capacity, the
“Administrative
Agent”) and the other agents and arrangers named
therein.  Capitalized terms used herein and not otherwise defined
herein shall have the meanings ascribed to them in the Credit
Agreement.

       

      W I T N E
S S E T H:

       

      WHEREAS, subsection 10.6(a) of
the Credit Agreement permits the Borrower and the Requisite Lenders to enter
into amendments to and waive any provision of the Credit Agreement;
and

       

      WHEREAS,
the Requisite Lenders and the Borrower desire to amend the Credit Agreement on
the terms set forth herein.

       

      NOW,
THEREFORE, in consideration of the promises and covenants contained herein and
for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto, intending to be legally bound
hereby, agree as follows:

       

      Section
1.               
  Amendments

       

      (a)             
 Subsection 1.1 of the Credit Agreement is hereby amended by inserting the
following definitions in alphabetical order:

       

      ““Amendment No. 1” means
Amendment No. 1 to this Agreement, dated as of May 14, 2010.”

       

      ““First Amendment to the Second Lien
Credit Agreement” means Amendment No. 1 to the Second Lien Credit
Agreement, dated as of May 14, 2010, substantially in the form set forth in
Exhibit A to
Amendment No. 1.”

       

      ““Qualifying IPO” means the
first IPO following the Amendment Effective Date resulting in aggregate gross
proceeds to Holdings of not less than $125,000,000; provided that such
IPO shall have been consummated on or prior to December 31, 2010.”

       

      ““Qualifying IPO Holdings
Prepayment” has the meaning assigned to such term in Section
6.15.”

       

      ““Qualifying IPO Second Lien
Prepayment” has the meaning assigned to such term in Section
6.15.”

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      ““Specified Accounts” means the
accounts listed on Schedule 1 to Amendment No. 1.”

       

      (b)              
The definition of Base Rate in subsection 1.1 of the Credit Agreement shall,
upon the consummation of the Qualifying IPO, be replaced in its entirety with
the following:

       

      ““Base Rate” means, at any time,
the highest of (i) the Prime Rate (ii) the rate which is 1/2 of 1% in
excess of the Federal Funds Effective Rate and (iii) the Eurodollar Rate for an
Interest Period of one month beginning on the day on which such time falls (or
if such time falls on a day that is not a Business Day, the immediately
Preceding Business Day) plus 1.0% per annum.  Any change in the Base
Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall
be effective on the effective date of such change.  Administrative
Agent will give notice promptly to Company and the Lenders of changes in the
Base Rate; provided that (a) the
failure to give such notice shall not affect the Base Rate in effect after such
change and (b) the Base Rate shall be deemed to never be less than 2.5% per
annum.”.

       

      (c)            
  The following shall be added immediately prior to the second
sentence of “Eurodollar Rate” in subsection 1.1 of the Credit
Agreement:  “Notwithstanding the foregoing, from and after the
consummation of the Qualifying IPO, the Eurodollar Rate shall be deemed to never
be less than 1.5% per annum.”

       

      (d)            
  The definition of “Net Securities Proceeds” in subsection 1.1 of the
Credit Agreement is hereby amended by replacing such definition in its entirety
with the following:

       

      ““Net Securities Proceeds” means
(x) the cash proceeds (net of underwriting discounts and commissions and other
costs and expenses actually incurred in connection therewith, including legal
fees and expenses) from the incurrence of Indebtedness by Holdings or any of its
Subsidiaries and (y) the cash proceeds to Holdings from the issuance of Capital
Stock by Holdings (net of underwriting discounts and commissions and other fees,
costs and expenses actually incurred in connection therewith, including legal
fees and expenses).”

       

      (e)          
    The definition of Specified Equity Amount in subsection
1.1 of the Credit Agreement shall be amended to add the following parenthetical
phrase immediately after the word “Holdings” appears therein:

       

      “(other
than from the Qualifying IPO)”.

       

      (f)           
   Upon the consummation of the Qualifying IPO, subsection
2.2(A)(i) of the Credit Agreement is hereby amended by replacing such subsection
in its entirety with the following:

       

      “(i)           Subject
to the provisions of subsections 2.2E, 2.2G and 2.7, the Loans shall bear
interest through maturity as follows:

       

      
        
          
          

        

        
          -2-

          
            

          

        

        
          
          

        

      

      (a)          if
a Base Rate Loan, then at the sum of the Base Rate plus 3.50% per annum
(the “Base Rate
Margin”); provided that at any time
that the corporate credit rating of the Borrower is B1 (stable) or higher from
Moody’s and at least B+ (stable) from S&P, the Base Rate Margin shall be
3.25% per annum; and

       

      (b)          if
a Eurodollar Rate Loan, then at the sum of the Eurodollar Rate plus 4.50% per annum
(the “Eurodollar Rate
Margin”); provided that at any time
that the corporate credit rating of the Borrower is B1 (stable) or higher from
Moody’s and at least B+ (stable) from S&P, the Eurodollar Rate Margin shall
be 4.25% per annum.

       

      (g)             
 Subsections 2.2(A)(ii) and (iii) of the Credit Agreement will be
deleted.

       

      (h)            
  Upon the consummation of the Qualifying IPO, the following language
shall be deleted from the end of Section 6.1(iv):

       

      “in
addition, on or before the 45th day following the end of each Fiscal Quarter, a
Pricing Certificate demonstrating in reasonable detail the calculation of the
Consolidated Leverage Ratio as of the end of the four-Fiscal Quarter period then
ended;”

       

      (i)           
    A new Section 6.15 shall be added to the Credit Agreement
which shall read as follows:

       

      6.15       
     Use of
Proceeds of Qualifying IPO.  The Net Securities Proceeds of the
Qualifying IPO shall be used, upon the consummation of the Qualifying IPO, (x)
to voluntarily prepay all interest, principal, premium and other amounts
outstanding under the Holdings Senior PIK Credit Agreement at a prepayment price
not to exceed the price set forth in subsection 2.4B(i) thereof as such
provision is in effect on the Amendment Effective Date (the “Qualifying IPO Holdings
Prepayment”), (y) to the extent that Net Securities Proceeds of the
Qualifying IPO remain after the prepayment in immediately preceding clause (x),
to voluntarily prepay amounts outstanding under the Second Lien Credit Agreement
at a prepayment not to exceed the price set forth in subsection 2.4B(ii) thereof
as such provision is in effect on the Amendment Effective Date (the “Qualifying IPO Second Lien
Prepayment”) and (z) to the extent that Net Securities Proceeds of the
Qualifying IPO remain after the prepayment referred to in immediately preceding
clause (y), for general corporate purposes.

       

      (j)            
   Subsection 7.7 of the Credit Agreement is hereby amended by,
upon the consummation of the Qualifying IPO, changing the references to
“$16,000,000” appearing in the fourth, fifth, sixth, seventh and eighth rows of
such table to “$21,000,000”.

       

      (k)           
   The first sentence of subsection 7.10(B) of the Credit
Agreement is hereby amended by:

       

      (x)             
  replacing the text “any dates upon which payments of principal or
interest are due thereon” set forth in the first sentence thereof with the text
“any dates upon which payments of principal or interest are due thereon (other
than to the extent necessary to require that the Qualifying IPO Second Lien
Indebtedness Prepayment be made upon the occurrence of the Qualifying IPO)”;
and

       

      
        
          
          

        

        
          -3-

          
            

          

        

        
          
          

        

      

      (y)          
    replacing the text “change the prepayment provisions
thereof in a manner not adverse to the lenders under the Second Lien Credit
Agreement” with the text “change the prepayment provisions thereof (other than
to the extent necessary to require that the Qualifying IPO Second Lien
Indebtedness Prepayment be made upon the occurrence of the Qualifying IPO) in a
manner not adverse to the lenders under the Second Lien Credit
Agreement”.

       

      (l)          
     The second sentence of subsection 7.10(B) of the
Credit Agreement is hereby amended by replacing such sentence in its entirety
with the following:

       

      “Company
shall not, and shall not permit any Subsidiary, to make any prepayment prior to
the scheduled date due of Indebtedness under the Second Lien Credit Agreement
other than with the proceeds of Refinancing Second Lien Indebtedness or with the
consent of the Requisite Class Lenders of Term Loans (except for the Qualifying
IPO Second Lien Indebtedness Prepayment); provided that,
notwithstanding the foregoing, the Borrower shall be permitted to pay any
consenting lender under the Second Lien Credit Agreement a consent fee with
respect to the First Amendment to the Second Lien Credit Agreement not greater
than the product of (x) the Fee Percentage (as defined in Amendment No. 1) and
(y) the aggregate principal amount of such lender’s loans under the Second Lien
Credit Agreement.”.

       

      (m)           
  The second sentence of subsection 7.10(C) of the Credit Agreement is
hereby amended by replacing such sentence in its entirety with the
following:

       

      “Holdings
shall not make any prepayment prior to the scheduled date due of Indebtedness
under the Holdings Senior PIK Credit Agreement other than the Qualifying IPO
Holdings Prepayment”.

       

      (n)              
Subsection 8.3 of the Credit Agreement is hereby amended by adding the following
text immediately prior to the words “or Section 7 of this
Agreement”:

       

      “,
subsection 6.15”.

       

      Section
2.                  Waiver

       

      In
reliance upon the representations and warranties of the Borrower set forth in
Section 4 below and subject to the conditions to effectiveness set forth in
Section 3 below, the Requisite Lenders hereby agree to waive any Default or
Event of Default that may be existing or continuing solely as a result of the
failure by Company and its Subsidiaries to enter into Control Agreement(s) over
the Specified Accounts (a “Control Agreement Default”);
provided that
such waiver shall be automatically revoked without any requirement of notice or
further action by any Lender or any Agent, and such Control Agreement Default
shall be deemed to have remained continuously in existence as if such waiver had
never been granted unless Borrower has come into full compliance with Section
6.11 (without giving effect to such waiver) on or prior to the 30th day
following the Amendment Effective Date (as such date may be extended from time
to time in the discretion of the Administrative Agent) and certified the same to
the Administrative Agent in an Officer’s Certificate on or prior to such
day.  As an additional condition to such waiver, except for purposes
of calculating the fee pursuant to Section 2.3A of the Credit Agreement, the
Revolving Commitments shall be deemed reduced by $1,000,000 until the date of
such full compliance and receipt of such Officer’s Certificate.

       

      
        
          
          

        

        
          -4-

          
            

          

        

        
          
          

        

      

      The
foregoing is a limited waiver and shall not be deemed to constitute a waiver of
any Event of Default (other than, subject to the foregoing, the Control
Agreement Default) or any future breach of the Credit Agreement or any of the
other Loan Documents.  The Lenders hereby reserve their rights under
the Loan Documents and applicable law in respect of such other Events of Default
and future breaches.

       

      Section
3.                  Conditions
Precedent to the Effectiveness of this Amendment

       

      This
Amendment (including the waiver set forth above in Section 2) shall become
effective as of the date when, and only when, each of the following conditions
precedent shall have been (or are or will be substantially concurrently
therewith) satisfied, as evidenced by written confirmation of satisfaction from
the Administrative Agent (the “Amendment Effective
Date”):

       

      (a)           
   the Administrative Agent shall have received this Amendment,
duly executed by the Borrower, Holdings and a number of Lenders sufficient to
constitute the Requisite Lenders;

       

      (b)           
   the Collateral Agent and the Second Lien Collateral Agent
shall have entered into the First Amendment to the Intercreditor
Agreement;

       

      (c)              
the Administrative Agent shall have received an Officer’s Certificate of the
Borrower certifying that after giving effect to the waiver referred to in
Section 2 (x) the representations and warranties in Section 4 shall be true and
correct as of the Amendment Effective Date and (y) no default shall have
occurred and be continuing under the Second Lien Credit Agreement;

       

      (d)         
     the Borrower shall have paid all fees and, to the
extent invoices have been delivered to the Borrower at least one (1) Business
Day prior to such date, expenses payable to the Administrative Agent and the
Lenders referred to under Section 5 hereof; and

       

      (e)             
 the First Amendment to the Second Lien Credit Agreement shall have become,
or shall simultaneously become, effective.

       

      Section
4.                  Representations
and Warranties

       

      On and as
of the Amendment Effective Date, after giving effect to this Amendment and the
First Amendment to the Second Lien Credit Agreement, the Borrower hereby
represents and warrants to the Administrative Agent and each Lender as
follows:

       

      (a)           
   The execution, delivery and performance of this Amendment has
been duly authorized by all necessary corporate, partnership or limited
liability action on the part of the Borrower.  This Amendment is the
legally valid and binding obligation of the Borrower, enforceable against such
Person in accordance with its terms, except as may be limited by bankruptcy,
insolvency, reorganization, moratorium or similar laws relating to or limiting
creditors’ rights generally or by equitable principles relating to
enforceability;

       

      
        
          
          

        

        
          -5-

          
            

          

        

        
          
          

        

      

      (b)            
  the representations and warranties contained in the Credit Agreement
and in the other Loan Documents shall be true and correct in all material
respects (except that any representation and warranty that is qualified as to
“materiality” or “Material Adverse Effect” shall be true and correct in all
respects) on and as of the Amendment Effective Date to the same extent as though
made on and as of that date, except to the extent such representations and
warranties specifically relate to an earlier date, in which case such
representations and warranties shall have been true and correct in all material
respects (except that any representation and warranty that is qualified as to
“materiality” or “Material Adverse Effect” shall be true and correct in all
respects) on and as of such earlier date;

       

      (c)             
 after giving effect to the amendments, consents and waivers set forth
herein and in the First Amendment to the Second Lien Credit Agreement, no
Default or Event of Default has occurred and is continuing under the Credit
Agreement or the Second Lien Credit Agreement; and

       

      (d)             
 As of the Amendment Effective Date, no more than an aggregate of the
United States dollar equivalent of $1,600,000 is in the Specified Accounts (the
Specified Account
Amount”).  Other than with respect to the Specified Accounts
containing no more than an aggregate of the Specified Account Amount, Company is
in compliance with Section 6.11 in all respects as of the Amendment Effective
Date.

       

      Section
5.                  Fees
and Expenses

       

      (a)              
On the Amendment Effective Date, each Lender which shall have duly executed and
delivered to the Borrower and the Administrative Agent this Amendment on or
prior to 5:00 p.m., New York City time, on May 13, 2010 shall be paid a fee by
Borrower equal to 0.25% (the “Fee Percentage”) multiplied by
the sum of the aggregate principal amount of outstanding Term Loans and the
Revolving Loan Commitment (whether drawn or undrawn) of such Lender as of the
Amendment Effective Date as set forth on the Register maintained by the
Administrative Agent.

       

      (b)        
      The Borrower agrees to pay all reasonable
fees and expenses incurred by the Administrative Agent in connection with this
Amendment (including the reasonable, documented fees of Cahill Gordon &
Reindel llp), whether or not the Amendment Effective Date occurs.

       

      Section
6.                  Consent
to First Amendment to Intercreditor Agreement and First Amendment to the Second
Lien Credit Agreement

       

      (a)            
  Pursuant to clause (i) of the first proviso to subsection 9.6 of the
Credit Agreement, the Administrative Agent and the Lenders hereby consent to
Amendment No. 1 to the Intercreditor Agreement set forth on Exhibit B
hereto.

       

      
        
          
          

        

        
          -6-

          
            

          

        

        
          
          

        

      

      (b)             
 The Administrative Agent and the Lenders hereby consent to the terms of
the First Amendment to the Second Lien Credit Agreement as in effect on the date
hereof and the performance by the Loan Parties of the transactions contemplated
thereby; provided that the Borrower complies with the terms of the First
Amendment to the Second Lien Credit Agreement.

       

      Section
7.                  Reference
to and Effect on the Loan Documents

       

      (a)              
Except as specifically amended above, all of the terms and provisions of the
Credit Agreement and all other Loan Documents are and shall remain in full force
and effect and are hereby ratified and confirmed.

       

      (b)              
The execution, delivery and effectiveness of this Amendment shall not operate as
a waiver of any right, power or remedy of the Lenders, Holdings, the Borrower or
the Administrative Agent under any of the Loan Documents, nor constitute a
waiver of any other provision of any of the Loan Documents or for any
purpose.

       

      (c)              
Each of the Loan Documents, including the Credit Agreement, and any and all
other agreements, documents or instruments now or hereafter executed and/or
delivered pursuant to the terms hereof or pursuant to the terms of the Credit
Agreement as amended hereby, are hereby amended so that any reference in such
Loan Documents to the Credit Agreement, whether direct or indirect, shall mean a
reference to the Credit Agreement as amended hereby.

       

      (d)          
    This Amendment is a Loan Document.  For the
avoidance of doubt, the indemnification provisions set forth in subsection 10.3
of the Credit Agreement shall apply to this Amendment.

       

      Section
8.                  Execution
in Counterparts

       

      This
Amendment may be executed in any number of counterparts, each of which when so
executed and delivered shall be deemed an original, but all such counterparts
together shall constitute but one and the same instrument.  Delivery
of an executed counterpart by telecopy or other electronic transmission shall be
effective as delivery of a manually executed counterpart of this
Amendment.

       

      Section
9.                  Governing
Law

       

      THIS
AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND THEREUNDER
SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH,
THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING SECTION 5-1401 OF THE
GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS
OF LAWS PRINCIPLES THAT WOULD REQUIRE APPLICATION OF ANOTHER LAW.

       

      
        
          
          

        

        
          -7-

          
            

          

        

        
          
          

        

      

      Section
10.                Headings

       

      Section
headings herein are included herein for convenience of reference only and shall
not constitute a part hereof for any other purpose or be given any substantive
effect.

       

      Section
11.                Notices

       

      All
communications and notices hereunder shall be given as provided in the Credit
Agreement.

       

      Section
12.                Severability

       

      The
illegality or unenforceability of any provision of this Amendment or any
instrument or agreement required hereunder shall not in any way affect or impair
the legality or enforceability of the remaining provisions of this Amendment or
any instrument or agreement required hereunder.

       

      Section
13.                Successors

       

      The terms
of this Amendment shall be binding upon, and shall inure to the benefit of, the
parties hereto and their respective successors and assigns.

       

      Section
14.                Waiver
of Jury Trial

       

      EACH
OF THE PARTIES TO THIS AMENDMENT HEREBY AGREES TO WAIVE ITS RESPECTIVE RIGHTS TO
A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS
AMENDMENT OR ANY DEALINGS BETWEEN THEM RELATING TO THE SUBJECT MATTER OF THIS
AMENDMENT.  THE SCOPE OF THIS WAIVER IS INTENDED TO BE
ALL-ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT AND THAT
RELATE TO THE SUBJECT MATTER OF THIS TRANSACTION, INCLUDING CONTRACT CLAIMS,
TORT CLAIMS, BREACH OF DUTY CLAIMS AND ALL OTHER COMMON LAW AND STATUTORY
CLAIMS.  EACH PARTY HERETO ACKNOWLEDGES THAT THIS WAIVER IS A MATERIAL
INDUCEMENT TO ENTER INTO THIS AMENDMENT, THAT EACH HAS ALREADY RELIED ON THIS
WAIVER IN ENTERING INTO THIS AMENDMENT, AND THAT EACH WILL CONTINUE TO RELY ON
THIS WAIVER IN THEIR RELATED FUTURE DEALINGS.  EACH PARTY HERETO
FURTHER WARRANTS AND REPRESENTS THAT IT HAS REVIEWED THIS WAIVER WITH ITS LEGAL
COUNSEL AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS
FOLLOWING CONSULTATION WITH LEGAL COUNSEL.  THIS WAIVER IS
IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING
(OTHER THAN BY A MUTUAL WRITTEN WAIVER SPECIFICALLY REFERRING TO SECTION 13 AND
EXECUTED BY EACH OF THE PARTIES HERETO), AND THIS WAIVER SHALL APPLY TO ANY
SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS
AMENDMENT.  IN THE EVENT OF LITIGATION, THIS AMENDMENT MAY BE FILED AS
A WRITTEN CONSENT TO A TRIAL BY THE COURT.

       

      
        
          
          

        

        
          -8-

          
            

          

        

        
          
          

        

      

      

      

      

      [SIGNATURE
PAGES FOLLOW]

       

       

      
        
          
          

        

        
          -9-

          
            

          

        

        
          
          

        

      

      In Witness
Whereof, the
parties hereto have caused this Amendment to be executed by their respective
officers thereunto duly authorized, as of the date first written
above.

       

      
        	 	
                INTRALINKS
      HOLDINGS, INC.,

                   
      as Holdings

              	 
	 	 	 	 
	 	

                By:

              	/s/ Gary
      Hirsch	 
	 	 	Name:
      Gary Hirsch 	 
	 	 	Title:
      Secretary 	 
	 	 	 	 
	 	 	 	 
	 	INTRALINKS,
      INC.,  as Borrower	 
	 	 	 	 
	 	
                By:
      

              	/s/ Gary
      Hirsch 	 
	 	 	Name:
      Gary Hirsch  	 
	 	 	Title:
      Secretary	 

      

    

     

    
      
         

      
        
          [Amendment to IntraLinks
Credit Agreement Signature Page]

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
         

        
          	 	
                  DEUTSCHE
      BANK TRUST COMPANY 

                  AMERICAS,
      as Administrative Agent

                	 
	 	 	 	 
	 	

                  By:

                	/s/
      Paul O’Leary	 
	 	 	Name: Paul
      O’Leary	 
	 	 	Title: Director	 
	 	 	 	 
	 	 	 	 
	 	
                  By:
      

                	/s/
      Evelyn Thierry	 
	 	 	Name: Evelyn
      Thierry	 
	 	 	Title: Director

      

       

       

      
        
          
            [Amendment
to IntraLinks Credit Agreement Signature Page]

          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Schedule
1

      

      Specified
Accounts attached

      

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      Exhibit
A

      

      Amendment
No. 1 to the Second Lien Credit Agreement

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Exhibit
B

      

      Amendment
No. 1 to the Intercreditor Agreement

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    

    AMENDMENT
NO. 2 TO CREDIT AGREEMENT

     

    Amendment
No. 2, dated as of November 24, 2010 (this “Amendment”), to the
First Lien Credit Agreement, dated as of June 15, 2007 (as amended, amended and
restated, supplemented or otherwise modified from time to time, the “Credit Agreement”),
among IntraLinks Holdings, Inc., a Delaware corporation (“Holdings”),
IntraLinks, Inc., a Delaware corporation (the “Borrower”), each
lender from time to time party thereto (collectively, the “Lenders” and
individually, a “Lender”), Deutsche
Bank Trust Company Americas, as administrative agent (in such capacity, the
“Administrative
Agent”) and the other agents and arrangers named
therein.  Capitalized terms used herein and not otherwise defined
herein shall have the meanings ascribed to them in the Credit
Agreement.

     

    WITNESSETH:

     

    WHEREAS,
subsection 10.6(a) of the Credit Agreement permits the Borrower and the
Requisite Lenders to enter into amendments to and waive any provision of the
Credit Agreement; and

     

    WHEREAS,
the Requisite Lenders and the Borrower desire to amend the Credit Agreement on
the terms set forth herein.

     

    NOW,
THEREFORE, in consideration of the promises and covenants contained herein and
for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto, intending to be legally bound
hereby, agree as follows:

     

    Section
1.              Amendments

     

    (a)           Subsection
1.1 of the Credit Agreement is hereby amended by inserting the following
definitions in alphabetical order:

     

    ““Amendment No. 2” means
Amendment No. 2 to this Agreement, dated as of November 24, 2010.”

     

    ““Follow On Equity Offering”
means a public offering of common stock of Holdings that is consummated on or
prior to June 30, 2011.

     

    ““Follow On Equity Offering Second Lien
Prepayment” has the meaning assigned to such term in Section
6.16.”

     

    ““Second Amendment Effective
Date” shall have the meaning assigned to such term in Amendment No.
2.

     

    (b)           The
definition of Specified Equity Amount in subsection 1.1 of the Credit Agreement
shall be amended to add the following immediately after the words “Qualifying
IPO” appear therein:

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    “or, to
the extent used to make the Follow On Second Lien Prepayment, the Follow On
Equity Offering”.

     

    (c)           A
new Section 6.16 shall be added to the Credit Agreement which shall read as
follows:

     

    6.16         Use of
Proceeds of Follow On Equity Offering.  The gross proceeds of
the Follow On Equity Offering shall be used, upon the consummation of the Follow
On Equity Offering, (x) to voluntarily prepay amounts outstanding under the
Second Lien Credit Agreement at a prepayment price not to exceed the price set
forth in subsection 2.4B(ii) thereof as such provision is in effect on the
Second Amendment Effective Date (the “Follow On Second Lien
Prepayment”) and (y) to the extent that the gross proceeds of the Follow
On Equity Offering remain after the prepayment referred to in immediately
preceding clause (y), first, to pay for the fees and expenses relating thereto
and second, for general corporate purposes, including permitted
Investments.

     

    (d)           A
third sentence shall be added to subsection 7.10(B) of the Credit Agreement,
which shall read as follows:

     

    “Notwithstanding
the foregoing, the foregoing shall not prevent the making of the Follow On
Second Lien Prepayment.”

     

    Section
2.             Conditions
Precedent to the Effectiveness of this Amendment

     

    This
Amendment shall become effective as of the date when, and only when, each of the
following conditions precedent shall have been (or are or will be substantially
concurrently therewith) satisfied, as evidenced by written confirmation of
satisfaction from the Administrative Agent (the “Second Amendment Effective
Date”):

     

    (a)           the
Administrative Agent shall have received this Amendment, duly executed by the
Borrower, Holdings and a number of Lenders sufficient to constitute the
Requisite Lenders;

     

    (b)          
the Administrative Agent shall have received an Officer’s Certificate of the
Borrower certifying that the representations and warranties in Section 3 shall
be true and correct as of the Second Amendment Effective Date and (y) no default
shall have occurred and be continuing under the Second Lien Credit Agreement;
and

     

    (c)           the
Borrower shall have paid all amounts under Section 4;

     

    provided
that the Second Amendment Effective Date shall not occur unless the Borrower
shall have delivered its signature page hereto no later than the first Business
Day following receipt by the Administrative Agent of the signature pages hereto
by the Requisite Lenders.

     

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

     

    Section
3.             Representations
and Warranties

     

    On and as
of the Second Amendment Effective Date, after giving effect to this Second
Amendment, the Borrower hereby represents and warrants to the Administrative
Agent and each Lender as follows:

     

    (a)           The
execution, delivery and performance of this Amendment has been duly authorized
by all necessary corporate, partnership or limited liability action on the part
of the Borrower.  This Amendment is the legally valid and binding
obligation of the Borrower, enforceable against such Person in accordance with
its terms, except as may be limited by bankruptcy, insolvency, reorganization,
moratorium or similar laws relating to or limiting creditors’ rights generally
or by equitable principles relating to enforceability;

     

    (b)           the
representations and warranties contained in the Credit Agreement and in the
other Loan Documents shall be true and correct in all material respects (except
that any representation and warranty that is qualified as to “materiality” or
“Material Adverse Effect” shall be true and correct in all respects) on and as
of the Second Amendment Effective Date to the same extent as though made on and
as of that date, except to the extent such representations and warranties
specifically relate to an earlier date, in which case such representations and
warranties shall have been true and correct in all material respects (except
that any representation and warranty that is qualified as to “materiality” or
“Material Adverse Effect” shall be true and correct in all respects) on and as
of such earlier date;

     

    (c)           no
Default or Event of Default has occurred and is continuing under the Credit
Agreement or the Second Lien Credit Agreement; and

     

    Section
4.             Fees
and Expenses

     

    (a)           On
the Second Amendment Effective Date, each Lender which shall have duly executed
and delivered to the Borrower and the Administrative Agent this Amendment on or
prior to 5:00 p.m., New York City time, on November 23, 2010 shall be paid a fee
by Borrower equal to 0.10% (the “Fee Percentage”) multiplied by
the sum of the aggregate principal amount of outstanding Term Loans and the
Revolving Loan Commitment (whether drawn or undrawn) of such Lender as of the
Second Amendment Effective Date as set forth on the Register maintained by the
Administrative Agent.

     

    (b)           The
Borrower agrees to pay all reasonable costs and expenses incurred by the
Administrative Agent in connection with this Amendment (including the
reasonable, documented fees of Cahill Gordon & Reindel llp),
whether or not the Second Amendment Effective Date occurs.  On the
Second Amendment Effective Date, the Borrower further agrees to pay those fees
agreed to separately agreed to between the Administrative Agent and any
Affiliate thereof and the Borrower with respect to this Amendment.

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

     

    Section
5.             Reference
to and Effect on the Loan Documents

     

    (a)           Except
as specifically amended above, all of the terms and provisions of the Credit
Agreement and all other Loan Documents are and shall remain in full force and
effect and are hereby ratified and confirmed.

     

    (b)           The
execution, delivery and effectiveness of this Amendment shall not operate as a
waiver of any right, power or remedy of the Lenders, Holdings, the Borrower or
the Administrative Agent under any of the Loan Documents, nor constitute a
waiver of any other provision of any of the Loan Documents or for any
purpose.

     

    (c)           Each
of the Loan Documents, including the Credit Agreement, and any and all other
agreements, documents or instruments now or hereafter executed and/or delivered
pursuant to the terms hereof or pursuant to the terms of the Credit Agreement as
amended hereby, are hereby amended so that any reference in such Loan Documents
to the Credit Agreement, whether direct or indirect, shall mean a reference to
the Credit Agreement as amended hereby.

     

    (d)           This
Amendment is a Loan Document.  For the avoidance of doubt, the
indemnification provisions set forth in subsection 10.3 of the Credit Agreement
shall apply to this Amendment.

     

    Section
6.             Execution
in Counterparts

     

    This
Amendment may be executed in any number of counterparts, each of which when so
executed and delivered shall be deemed an original, but all such counterparts
together shall constitute but one and the same instrument.  Delivery
of an executed counterpart by telecopy or other electronic transmission shall be
effective as delivery of a manually executed counterpart of this
Amendment.

     

    Section
7.             Governing
Law

     

    THIS
AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND THEREUNDER
SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH,
THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING SECTION 5-1401 OF THE
GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS
OF LAWS PRINCIPLES THAT WOULD REQUIRE APPLICATION OF ANOTHER LAW.

     

    Section
8.             Headings

     

    Section
headings herein are included herein for convenience of reference only and shall
not constitute a part hereof for any other purpose or be given any substantive
effect.

     

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

     

    Section
9.             Notices

     

    All
communications and notices hereunder shall be given as provided in the Credit
Agreement.

     

    Section
10.          Severability

     

    The
illegality or unenforceability of any provision of this Amendment or any
instrument or agreement required hereunder shall not in any way affect or impair
the legality or enforceability of the remaining provisions of this Amendment or
any instrument or agreement required hereunder.

     

    Section
11.           Successors

     

    The terms
of this Amendment shall be binding upon, and shall inure to the benefit of, the
parties hereto and their respective successors and assigns.

     

    Section
12.           Waiver of
Jury Trial

     

    EACH
OF THE PARTIES TO THIS AMENDMENT HEREBY AGREES TO WAIVE ITS RESPECTIVE RIGHTS TO
A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS
AMENDMENT OR ANY DEALINGS BETWEEN THEM RELATING TO THE SUBJECT MATTER OF THIS
AMENDMENT.  THE SCOPE OF THIS WAIVER IS INTENDED TO BE
ALL-ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT AND THAT
RELATE TO THE SUBJECT MATTER OF THIS TRANSACTION, INCLUDING CONTRACT CLAIMS,
TORT CLAIMS, BREACH OF DUTY CLAIMS AND ALL OTHER COMMON LAW AND STATUTORY
CLAIMS.  EACH PARTY HERETO ACKNOWLEDGES THAT THIS WAIVER IS A MATERIAL
INDUCEMENT TO ENTER INTO THIS AMENDMENT, THAT EACH HAS ALREADY RELIED ON THIS
WAIVER IN ENTERING INTO THIS AMENDMENT, AND THAT EACH WILL CONTINUE TO RELY ON
THIS WAIVER IN THEIR RELATED FUTURE DEALINGS.  EACH PARTY HERETO
FURTHER WARRANTS AND REPRESENTS THAT IT HAS REVIEWED THIS WAIVER WITH ITS LEGAL
COUNSEL AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS
FOLLOWING CONSULTATION WITH LEGAL COUNSEL.  THIS WAIVER IS
IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING
(OTHER THAN BY A MUTUAL WRITTEN WAIVER SPECIFICALLY REFERRING TO SECTION 12 AND
EXECUTED BY EACH OF THE PARTIES HERETO), AND THIS WAIVER SHALL APPLY TO ANY
SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS
AMENDMENT.  IN THE EVENT OF LITIGATION, THIS AMENDMENT MAY BE FILED AS
A WRITTEN CONSENT TO A TRIAL BY THE COURT.

     

    [SIGNATURE
PAGES FOLLOW]

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

     

    In Witness
Whereof, the
parties hereto have caused this Amendment to be executed by their respective
officers thereunto duly authorized, as of the date first written
above.

     

    
      
        
          
            
              
                	
                        INTRALINKS
      HOLDINGS, INC.,

                      
	
                          as
      Holdings

                      
	 
	
                        By:

                      	
                         /s/ Anthony
Plesner

                      
	 
      	
                        Name:
      Anthony Plesner

                      
	 
      	
                        Title:
      Chief Financial Officer

                      
	 
      	 
      
	
                        INTRALINKS,
      INC.,  as Borrower

                      
	 
	
                        By: 

                      	
                         /s/ Anthony
Plesner

                      
	 
      	
                        Name:
      Anthony Plesner

                      
	 
      	
                        Title:
      Chief Financial
Officer

                      

              

            

          

        

      

    

     

    
      [Amendment
to IntraLinks Credit Agreement Signature Page]

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        
          
            
              
                	
                        DEUTSCHE
      BANK TRUST COMPANY

                        AMERICAS,
      as Administrative Agent

                      
	 
	
                        By: 

                      	
                         /s/ Paul O’Leary

                      
	 
      	
                        Name: 

                      	
                        Paul
      O’Leary

                      
	 
      	
                        Title:

                      	
                        Director

                      

              

            

          

        

      

    

    

    
      
        	
                By: 

              	
                /s/ Marcus M. Tarkington

              
	 
      	
                Name:
      Marcus M. Tarkington

              
	 
      	
                Title:
      Director

              

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        
          
            
              	
                      FEINGOLD
      O’KEEFFE CAPITAL, LLC

                    
	
                      As
      Collateral Manager for

                    
	
                      Avery
      Street CLO, Ltd., as a Lender

                    
	 
      	 
      	 
      
	
                      By:

                    	
                      /s/ Scott D’Orsi

                    
	 
      	
                      Name:

                    	
                      Scott
      D’Orsi

                    
	 
      	
                      Title:

                    	
                      PM

                    
	 
      	 
      	 
      
	
                      [If
      a second signature is required]

                    
	 
      	 
      	 
      
	
                      By: 

                    	 
      
	 
      	
                      Name: 

                    	 
      
	 
      	
                      Title:

                    	 
      

            

          

        

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        
          
            	
                    FEINGOLD
      O’KEEFFE CAPITAL, LLC

                  
	
                    As
      Collateral Manager for

                  
	
                    Lime
      Street CLO, Ltd., as a Lender

                  
	 
      	 
      	 
      
	
                    By:

                  	
                    /s/ Scott D’Orsi

                  
	 
      	
                    Name:

                  	
                    Scott
      D’Orsi

                  
	 
      	
                    Title:

                  	
                    PM

                  
	 
      	 
      	 
      
	
                    [If
      a second signature is required]

                  
	 
      	 
      	 
      
	
                    By: 

                  	 
      
	 
      	
                    Name: 

                  	 
      
	 
      	
                    Title:

                  	 
      

          

        

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        
          
            
              
                	
                        FEINGOLD
      O’KEEFFE CAPITAL, LLC

                      
	
                        As
      Collateral Manager for

                      
	
                        Emerson
      Place CLO, Ltd., as a Lender

                      
	 
      	 
      	 
      
	
                        By:

                      	
                        /s/ Scott D’Orsi

                      
	 
      	
                        Name:

                      	
                        Scott
      D’Orsi

                      
	 
      	
                        Title:

                      	
                        PM

                      
	 
      	 
      	 
      
	
                        [If
      a second signature is required]

                      
	 
      	 
      	 
      
	
                        By: 

                      	 
      
	 
      	
                        Name: 

                      	 
      
	 
      	
                        Title:

                      	 
      

              

            

          

        

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        
          	
                  ING
      CAPITAL LLC,

                
	
                  as
      a Lender

                
	 
      	 
      	 
      
	
                  By: 

                	
                  /s/ Lawrence P. Eyink

                
	 
      	
                  Name: 

                	
                  Lawrence
      P. Eyink

                
	 
      	
                  Title:

                	
                  Director

                

        

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        
          	
                  ORIX
      Finance Corp.,

                
	
                  as
      a Lender

                
	 
      	 
      	 
      
	
                  By:

                	
                  /s/ Christopher L. Smith

                
	 
      	
                  Name:

                	
                  Christopher
      L. Smith

                
	 
      	
                  Title:

                	
                  Sr.
      Managing Director

                
	 
      	 
      	 
      
	
                  [If
      a second signature is required]

                
	 
      	 
      	 
      
	
                  By: 

                	
                  N/A

                
	 
      	
                  Name: 

                	 
      
	 
      	
                  Title:

                	 
      

        

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        
          	
                  Knightsbridge CLO 2007-1
      LIMITED, as Lender

                
	 
      	 
      	 
      
	
                  By:

                	
                  ACKB
      LLC,

                
	 
      	
                  as
      investment manager

                
	 
      	 
      	 
      
	
                  By:

                	
                  Ivy
      Hill Asset Management, L.P.,

                
	 
      	
                  its
      Managing Member

                
	 
      	 
      	 
      
	
                  By: 

                	
                  /s/ Ryan Cascade

                
	 
      	
                  Name: 

                	
                  Ryan
      Cascade

                
	 
      	
                  Title:

                	
                  Duly
      Authorized Signatory

                

        

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        	
                Knightsbridge CLO 2008-1
      LIMITED, as Lender

              
	 
      	 
      	 
      
	
                By:

              	
                ACKB
      LLC,

              
	 
      	
                as
      investment manager

              
	 
      	 
      	 
      
	
                By:

              	
                Ivy
      Hill Asset Management, L.P.,

              
	 
      	
                its
      Managing Member

              
	 
      	 
      	 
      
	
                By: 

              	
                /s/ Ryan Cascade

              
	 
      	
                Name: 

              	
                Ryan
      Cascade

              
	 
      	
                Title:

              	
                Duly
      Authorized Signatory

              

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            	 	
                                    BABSON
      CLO LTD. 2003-I

                                  
	 	
                                    BABSON
      CLO LTD. 2004-I

                                  
	 	
                                    BABSON
      CLO LTD. 2004-II

                                  
	 	
                                    BABSON
      CLO LTD. 2005-I

                                  
	 	
                                    BABSON
      CLO LTD. 2005-II

                                  
	 	
                                    BABSON
      CLO LTD. 2005-III

                                  
	 	
                                    BABSON
      CLO LTD. 2006-I

                                  
	 	
                                    BABSON
      CLO LTD. 2006-II

                                  
	 	
                                    BABSON
      CLO LTD. 2007-I

                                  
	 	
                                    BABSON
      CREDIT STRATEGIES CLO, LTD.

                                  
	 	
                                    BABSON
      MID-MARKET CLO LTD. 2007-II

                                  
	 	
                                    BABSON
      LOAN OPPORTUNITY CLO, LTD.

                                  
	 	
                                    LOAN
      STRATEGIES FUNDING LLC

                                  
	 	
                                    SAPPHIRE VALLEY CDO I,
      LTD., as Lenders

                                  
	 	 
      
	 	
                                    By:  Babson
      Capital Management LLC as Collateral Manager

                                  
	 	 
      	 
      	 
      
	 	
                                    By:

                                  	
                                    /s/ Michael Best

                                  	
                                       

                                  
	 	 
      	
                                    Name:

                                  	
                                    Michael
      Best

                                  
	 	 
      	
                                    Title:

                                  	
                                    Director

                                  
	 	 
      	 
      	 
      
	 	
                                    BABSON
      CAPITAL LOAN PARTNERS I, L.P.

                                  
	 	
                                    OLYMPIC PARK LTD., as
      Lenders

                                  
	 	 
      	 
      	 
      
	 	
                                    By:

                                  	
                                    Babson
      Capital Management LLC as Investment Manager

                                  
	 	 
      	 
      	 
      
	 	
                                    By: 

                                  	/s/ Michael Best	
                                       

                                  
	 	 
      	
                                    Name: 

                                  	
                                    Michael
      Best

                                  
	 	 
      	
                                    Title:

                                  	
                                    Director

                                  

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        	
                CREDIT SUISSE
      AG,

              
	
                Cayman
      Islands Branch

              
	 
      	 
      	 
      
	
                By:

              	
                /s/ Doreen Barr

              
	 
      	
                Name:

              	
                Doreen
      Barr

              
	 
      	
                Title:

              	
                Director

              
	 
      	 
      	 
      
	
                By: 

              	
                /s/ Rahul Parmar

              
	 
      	
                Name: 

              	
                Rahul
      Parmar

              
	 
      	
                Title:

              	
                Associate

              

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        	
                DEUTSCHE BANK TRUST COMPANY
      AMERICAS, as a Lender

              
	 
      	 
      	 
      
	
                By:

              	
                /s/ Paul O’Leary

              
	 
      	
                Name:

              	
                Paul
      O’Leary

              
	 
      	
                Title:

              	
                Director

              
	 
      	 
      	 
      
	
                [If
      a second signature is required]

              
	 
      	 
      	 
      
	
                By: 

              	
                /s/ Enrique Landaeta

              
	 
      	
                Name: 

              	
                Enrique
      Landaeta

              
	 
      	
                Title:

              	
                Vice
      President

              

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        	
                DEXTERA,

              
	
                as
      a Lender

              
	 
      	 
      	 
      
	
                By:

              	
                /s/ Liza Rahmat

              
	 
      	
                Name:

              	
                Liza
      Rahmat

              
	 
      	
                Title:

              	
                Authorized
      Signatory

              
	 
      	 
      	 
      
	
                [If
      a second signature is required]

              
	 
      	 
      	 
      
	
                By: 

              	
                N/A

              
	 
      	
                Name: 

              	 
      
	 
      	
                Title:

              	 
      

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        	
                LMP
      Corporate Loan Fund, Inc.

              
	 
      	 
      	 
      
	
                By:

              	
                Citi
      Alternative Investments LLC,

              
	 
      	
                as
      a Lender

              
	 
      	 
      	 
      
	
                By: 

              	
                /s/ Roger Yee

              
	 
      	
                Name: 

              	
                Roger
      Yee

              
	 
      	
                Title:

              	
                VP

              

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        	
                CCA
      EAGLE LOAN MASTER FUND LTD.

              
	 
      
	
                By:

              	
                Citigroup
      Alternative Investments LLC, as Investment manager for and on behalf of
      CCA EAGLE LOAN MASTER FUND LTD., as a Lender

              
	 
      	 
      	 
      
	
                By: 

              	
                /s/ Roger Yee

              
	 
      	
                Name: 

              	
                Roger
      Yee

              
	 
      	
                Title:

              	
                VP

              

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        	
                REGATTA
      FUNDING LTD.

              
	 
      	 
      	 
      
	
                By:

              	
                Citi
      Alternative Investments LLC,

              
	 
      	
                attorney-in-fact,
      as a Lender

              
	 
      	 
      	 
      
	
                By: 

              	
                /s/ Roger Yee

              
	 
      	
                Name: 

              	
                Roger
      Yee

              
	 
      	
                Title:

              	
                VP

              

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        	
                Seal
      Rock Offshore Funding, L.L.C.

              
	
                as
      a Lender

              
	 
      	 
      	 
      
	
                By: 

              	
                /s/ Michael Linn

              
	 
      	
                Name: 

              	
                Michael
      Linn

              
	 
      	
                Title:

              	
                Managing
      MemberEXECUTION
COPY

    
      	
               

            

    

    
       

    

    
      	
              

            

    

     

    CREDIT
AGREEMENT

     

    dated
as of

    November
30, 2010

     

    Among

     

    ROLLER
BEARING COMPANY OF AMERICA, INC.,

    as Borrower,

     

    RBC
BEARINGS INCORPORATED,

    as
Holdings,

    (Guarantor)

     

    THE
LENDERS NAMED HEREIN,

    as
Lenders,

     

    JPMORGAN
CHASE BANK, N.A.,

    as
the Administrative Agent, the Swing Line Lender and LC Issuer,

     

    J.P.  MORGAN
SECURITIES LLC

    as
Co-Lead Arranger and Joint Book Runner

     

    KEYBANK
NATIONAL ASSOCIATION

    as
Co-Lead Arranger, Joint Book Runner and Syndication Agent,

     

    and

     

    BANK
OF AMERICA, N.A.  and WELLS FARGO BANK, NATIONAL
ASSOCIATION

    as Co-Documentation
Agents

     

    $150,000,000
Secured Credit Facility

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    TABLE
OF CONTENTS

     

    
      
        	 
      	 
      	
                Page

              
	 
      	 
      	 
      
	
                Section 1

              	
                DEFINITIONS
      AND TERMS

              	
                1

              
	
                1.1

              	
                Certain
      Defined Terms

              	
                1

              
	
                1.2

              	
                Computation
      of Time Periods

              	
                31

              
	
                1.3

              	
                Accounting
      Terms

              	
                31

              
	
                1.4

              	
                Terms
      Generally

              	
                31

              
	
                1.5

              	
                Currency
      Equivalents

              	
                32

              
	
                Section 2

              	
                THE
      TERMS OF THE CREDIT FACILITY

              	
                32

              
	
                2.1

              	
                Establishment
      of the Credit Facility

              	
                32

              
	
                2.2

              	
                Revolving
      Facility

              	
                32

              
	
                2.3

              	
                Swing
      Line Facility

              	
                34

              
	
                2.4

              	
                Letters
      of Credit

              	
                36

              
	
                2.5

              	
                Notice
      of Borrowing

              	
                41

              
	
                2.6

              	
                Funding
      Obligations; Disbursement of Funds

              	
                42

              
	
                2.7

              	
                Evidence
      of Obligations

              	
                43

              
	
                2.8

              	
                Interest;
      Default Rate

              	
                44

              
	
                2.9

              	
                Conversion
      and Continuation of Loans

              	
                46

              
	
                2.10

              	
                Fees

              	
                47

              
	
                2.11

              	
                Termination
      and Reduction of Revolving Commitments

              	
                48

              
	
                2.12

              	
                Voluntary,
      Scheduled and Mandatory Prepayments of Loans

              	
                49

              
	
                2.13

              	
                Method
      and Place of Payment

              	
                52

              
	
                2.14

              	
                Defaulting
      Lenders

              	
                53

              
	
                Section 3

              	
                INCREASED
      COSTS, ILLEGALITY AND TAXES

              	
                55

              
	
                3.1

              	
                Increased
      Costs, Illegality, etc.

              	
                55

              
	
                3.2

              	
                Compensation

              	
                57

              
	
                3.3

              	
                Net
      Payments

              	
                58

              
	
                3.4

              	
                Increased
      Costs to LC Issuers

              	
                60

              
	
                3.5

              	
                Change
      of Lending Office; Replacement of Lenders

              	
                60

              
	
                Section 4

              	
                CONDITIONS
      PRECEDENT

              	
                61

              
	
                4.1

              	
                Conditions
      Precedent at Closing Date

              	
                61

              
	
                4.2

              	
                Conditions
      Precedent to All Credit Events

              	
                65

              
	
                Section 5

              	
                REPRESENTATIONS
      AND WARRANTIES

              	
                65

              
	
                5.1

              	
                Corporate
      Status

              	
                65

              
	
                5.2

              	
                Corporate
      Power and Authority

              	
                66

              
	
                5.3

              	
                No
      Violation

              	
                66

              
	
                5.4

              	
                Governmental
      Approvals

              	
                66

              
	
                5.5

              	
                Litigation

              	
                66

              
	
                5.6

              	
                Use
      of Proceeds:  Margin Regulations

              	
                67

              
	
                5.7

              	
                Financial
      Statements

              	
                67

              
	
                5.8

              	
                Solvency

              	
                68

              
	
                5.9

              	
                No
      Material Adverse Change

              	
                68

              
	
                5.10

              	
                Tax
      Returns and Payments

              	
                68

              
	
                5.11

              	
                Title
      to Properties, etc.

              	
                68

              
	
                5.12

              	
                Lawful
      Operations, etc.

              	
                68

              

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
        	
                5.13

              	
                Environmental
      Matters

              	
                69

              
	
                5.14

              	
                Compliance
      with ERISA

              	
                69

              
	
                5.15

              	
                Investment
      Company Act, Certain Other Laws

              	
                70

              
	
                5.16

              	
                Insurance

              	
                70

              
	
                5.17

              	
                Security
      Interests

              	
                70

              
	
                5.18

              	
                True
      and Complete Disclosure

              	
                70

              
	
                5.19

              	
                Defaults

              	
                71

              
	
                5.20

              	
                Status
      of Holdings

              	
                71

              
	
                5.21

              	
                Anti-Terrorism
      Law Compliance

              	
                71

              
	
                Section 6

              	
                AFFIRMATIVE
      COVENANTS

              	
                71

              
	
                6.1

              	
                Reporting
      Requirements

              	
                71

              
	
                6.2

              	
                Books,
      Records and Inspections

              	
                75

              
	
                6.3

              	
                Insurance

              	
                75

              
	
                6.4

              	
                Payment
      of Taxes and Claims

              	
                76

              
	
                6.5

              	
                Corporate
      Franchises

              	
                76

              
	
                6.6

              	
                Good
      Repair

              	
                76

              
	
                6.7

              	
                Compliance
      with Statutes, etc.

              	
                77

              
	
                6.8

              	
                Compliance
      with Environmental Laws

              	
                77

              
	
                6.9

              	
                Certain
      Subsidiaries to Join in Subsidiary Guaranty

              	
                78

              
	
                6.10

              	
                Additional
      Security; Further Assurances

              	
                78

              
	
                6.11

              	
                Casualty
      and Condemnation

              	
                80

              
	
                6.12

              	
                Certain
      Post-Closing Obligations

              	
                80

              
	
                Section 7

              	
                NEGATIVE
      COVENANTS

              	
                81

              
	
                7.1

              	
                Changes
      in Business

              	
                81

              
	
                7.2

              	
                Consolidation,
      Merger, Acquisitions, Asset Sales, etc.

              	
                81

              
	
                7.3

              	
                Liens

              	
                82

              
	
                7.4

              	
                Indebtedness

              	
                84

              
	
                7.5

              	
                Investments
      and Guaranty Obligations

              	
                85

              
	
                7.6

              	
                [Reserved]

              	
                87

              
	
                7.7

              	
                Restricted
      Payments

              	
                87

              
	
                7.8

              	
                Financial
      Covenants

              	
                88

              
	
                7.9

              	
                Limitation
      on Certain Restrictive Agreements

              	
                88

              
	
                7.10

              	
                Transactions
      with Affiliates

              	
                88

              
	
                7.11

              	
                Plan
      Terminations, Minimum Funding, etc.

              	
                89

              
	
                7.12

              	
                Modifications
      to Certain Agreements

              	
                89

              
	
                7.13

              	
                Activities
      of Holdings

              	
                89

              
	
                7.14

              	
                Anti-Terrorism
      Laws

              	
                89

              
	
                Section 8

              	
                EVENTS
      OF DEFAULT

              	
                89

              
	
                8.1

              	
                Events
      of Default

              	
                89

              
	
                8.2

              	
                Remedies

              	
                91

              
	
                8.3

              	
                Application
      of Certain Payments and Proceeds

              	
                92

              
	
                Section 9

              	
                THE
      ADMINISTRATIVE AGENT AND OTHER AGENTS

              	
                93

              
	
                9.1

              	
                Appointment

              	
                93

              
	
                9.2

              	
                Delegation
      of Duties

              	
                93

              
	
                9.3

              	
                Exculpatory
      Provisions

              	
                93

              
	
                9.4

              	
                Reliance
      by Administrative Agent

              	
                94

              
	
                9.5

              	
                Notice
      of Default

              	
                94

              

      

    

    
      
         

      

      
        ii

        
          

        

      

      
         

      

    

     

    
      
        	
                9.6

              	
                Non-Reliance

              	
                94

              
	
                9.7

              	
                No
      Reliance on Administrative Agent’s Customer Identification
      Program

              	
                95

              
	
                9.8

              	
                USA
      Patriot Act

              	
                95

              
	
                9.9

              	
                Indemnification

              	
                95

              
	
                9.10

              	
                The
      Administrative Agent in its Individual Capacity

              	
                96

              
	
                9.11

              	
                Successor
      Administrative Agent

              	
                96

              
	
                9.12

              	
                Other
      Agents

              	
                97

              
	
                Section 10

              	
                GUARANTY

              	
                97

              
	
                10.1

              	
                Guaranty
      by the Borrower

              	
                97

              
	
                10.2

              	
                Additional
      Undertaking

              	
                97

              
	
                10.3

              	
                Guaranty
      Unconditional

              	
                98

              
	
                10.4

              	
                Waivers

              	
                99

              
	
                10.5

              	
                Borrower
      Obligations to Remain in Effect; Restoration

              	
                99

              
	
                10.6

              	
                Waiver
      of Acceptance, etc.

              	
                99

              
	
                10.7

              	
                Subrogation

              	
                99

              
	
                10.8

              	
                Effect
      of Stay

              	
                100

              
	
                Section 11

              	
                MISCELLANEOUS

              	
                100

              
	
                11.1

              	
                Payment
      of Expenses, etc.

              	
                100

              
	
                11.2

              	
                Indemnification

              	
                100

              
	
                11.3

              	
                Right
      of Setoff

              	
                101

              
	
                11.4

              	
                Equalization

              	
                101

              
	
                11.5

              	
                Notices

              	
                102

              
	
                11.6

              	
                Successors
      and Assigns

              	
                104

              
	
                11.7

              	
                No
      Waiver; Remedies Cumulative

              	
                107

              
	
                11.8

              	
                Governing
      Law; Submission to Jurisdiction; Venue; Waiver of Jury
    Trial

              	
                107

              
	
                11.9

              	
                Counterparts

              	
                108

              
	
                11.10

              	
                Integration

              	
                108

              
	
                11.11

              	
                Headings
      Descriptive

              	
                108

              
	
                11.12

              	
                Amendment
      or Waiver

              	
                109

              
	
                11.13

              	
                Survival
      of Indemnities

              	
                111

              
	
                11.14

              	
                Domicile
      of Loans

              	
                111

              
	
                11.15

              	
                Confidentiality

              	
                111

              
	
                11.16

              	
                Limitations
      on Liability of the LC Issuers

              	
                112

              
	
                11.17

              	
                General
      Limitation of Liability

              	
                112

              
	
                11.18

              	
                Lenders
      and Agent Not Fiduciary to Borrower, etc.

              	
                113

              
	
                11.19

              	
                Survival
      of Representations and Warranties

              	
                113

              
	
                11.20

              	
                Severability

              	
                113

              
	
                11.21

              	
                Independence
      of Covenants

              	
                113

              
	
                11.22

              	
                Interest
      Rate Limitation

              	
                113

              
	
                11.23

              	
                Judgment
      Currency

              	
                114

              
	
                11.24

              	
                USA
      Patriot Act

              	
                114

              

      

    

    
      
         

      

      
        iii

        
          

        

      

      
         

      

    

     

    EXHIBITS

     

    
      	
              Exhibit A-1

            	
              Form
      of Revolving Facility Note

            
	
              Exhibit A-2

            	
              Form
      of Swing Line Note

            
	
              Exhibit B-1

            	
              Form
      of Notice of Borrowing

            
	
              Exhibit B-2

            	
              Form
      of Notice of Continuation or Conversion

            
	
              Exhibit B-3

            	
              Form
      of LC Request

            
	
              Exhibit C-1

            	
              Form
      of Parent Guaranty

            
	
              Exhibit C-2

            	
              Form
      of Subsidiary Guaranty

            
	
              Exhibit C-3

            	
              Form
      of Security Agreement

            
	
              Exhibit D

            	
              Form
      of Compliance Certificate

            
	
              Exhibit E

            	
              Form
      of Closing Certificate

            
	
              Exhibit F

            	
              Form
      of Solvency Certificate

            
	
              Exhibit G

            	
              Form
      of Assignment Agreement

            
	
              Exhibit H

            	
              Form
      of Designated Hedge Certificate

            
	
              Exhibit I

            	
              Form
      of Perfection Certificate

            
	
              Exhibit J

            	
              Form
      of Mortgage

            

    

     

    SCHEDULES

     

    
      
        	
                Schedule
      1

              	
                Lenders
      and Revolving
  Commitments

              
	
                Schedule
      2

              	
                Subsidiary
      Guarantors as of the Closing Date

              
	
                Schedule
      3

              	
                Existing
      Letters of Credit

              
	
                Schedule
      4

              	
                Existing
      Designated Hedge Agreements

              

      

    

    
      	
              Schedule
      5

            	
              Corporate
      Information

            
	
              Schedule
      6

            	
              Litigation

            
	
              Schedule
      7

            	
              Permitted
      Liens

            
	
              Schedule
      8

            	
              Permitted
      Indebtedness

            
	
              Schedule
      9

            	
              Permitted
      Investments

            

    

    
      
         

      

      
        iv

        
          

        

      

      
         

      

    

    THIS
CREDIT AGREEMENT is entered into as of November 30, 2010 among the
following:  (i) ROLLER BEARING COMPANY OF AMERICA, INC., a
Delaware corporation (the “Borrower”); (ii) RBC BEARINGS INCORPORATED, a
Delaware corporation (“Holdings”), (iii) the lenders from time to time
party hereto (each a “Lender” and collectively, the “Lenders”);
(iv) JPMORGAN CHASE BANK, N.A. (“JPMCB”), as administrative agent (the
“Administrative Agent”), the Swing Line Lender (as hereinafter defined) and an
LC Issuer (as hereafter defined); (v) J.P.  MORGAN SECURITIES
LLC., as co-lead arranger and joint bookrunner, (vi) KEYBANK NATIONAL
ASSOCIATION, as co-lead arranger, joint bookrunner and syndication
agent;  and(vi) BANK OF AMERICA, N.A. and WELLS FARGO BANK, N.A.
as Co-Documentation Agents.

     

    AGREEMENT:

     

    In
consideration of the premises and the mutual covenants contained herein, the
parties hereto agree as follows:

     

    Section
1             DEFINITIONS
AND TERMS

     

    
      	
               
      

            	
              1.1

            	
              Certain
      Defined
      Terms.

            

    

     

    As used
herein, the following terms shall have the meanings herein specified unless the
context otherwise requires:

     

    “Acquisition” means any
transaction or series of related transactions for the purpose of or resulting,
directly or indirectly, in (i) the acquisition of all or substantially all
of the assets of any Person, or any business or division of any Person,
(ii) the acquisition or ownership of in excess of 50% of the Equity
Interest of any Person, or (iii) the acquisition of another Person by a
merger, consolidation, amalgamation or any other combination with such
Person.

     

    “Additional Mortgaged
Property” has the meaning provided in Section 6.10(e).

     

    “Additional Security Document”
has the meaning provided in Section 6.10(a).

     

    “Adjusted Eurodollar Rate”
means, with respect to each Interest Period for a Eurodollar Loan, the rate per
annum equal to (i) the offered rate appearing on the relevant Page of the
Reuters Screen LIBOR01 Page (or on any successor or substitute page of such
page) as of 11:00 A.M., London time, two Business Days prior to the beginning of
such Interest Period for deposits in Dollars with a maturity comparable to such
Interest Period, divided (and rounded to the nearest 1/16th of 1%) by
(ii) a percentage equal to 100% minus the then stated maximum rate of all
reserve requirements (including, without limitation, any marginal, emergency,
supplemental, special or other reserves and without benefit of credits for
proration, exceptions or offsets that may be available from time to time)
applicable to any member bank of the Federal Reserve System in respect of
Eurocurrency liabilities as defined in Regulation D (or any successor category
of liabilities under Regulation D); provided, however, that in
the event that the rate referred to in clause (i) above is not available at
any such time for any reason, then the rate referred to in clause (i) shall
instead be the interest rate per annum, as determined by the Administrative
Agent, to be the average (rounded to the nearest 1 /16th of 1%) of the rates per
annum at which deposits in Dollars in an amount equal to the amount of such
Eurodollar Loan are offered to major banks in the London interbank market at
approximately 11:00 A.M. (London time), two Business Days prior to the
commencement of such Interest Period, for contracts that would be entered into
at the commencement of such Interest Period for the same duration as such
Interest Period.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    “Adjusted Foreign Currency Rate”
means with respect to each Interest Period for any Foreign Currency Loan,
(i) the rate per annum equal to the offered rate appearing on the relevant
Page of the Reuters Screen LIBOR01 Page (or on any successor or substitute page
of such page) as of 11:00 A.M., London time, two Business Days prior to the
beginning of such Interest Period for deposits in the applicable Designated
Foreign Currency with a maturity comparable to such Interest Period, divided
(and rounded to the nearest 1/16th of 1%) by (ii) a percentage equal to 100%
minus the then stated maximum rate of all reserve requirements (including,
without limitation, any marginal, emergency, supplemental, special or other
reserves and without benefit of credits for proration, exceptions or offsets
that may be available from time to time) applicable to any member bank of the
Federal Reserve System in respect of Eurocurrency liabilities as defined in
Regulation D (or any successor category of liabilities under Regulation D);
provided, however, that
in the event that the rate referred to in clause (i) above is not available
at any such time for any reason, then the rate referred to in clause
(i) shall instead be the interest rate per annum, as determined by the
Administrative Agent, to be the average (rounded to the nearest 1/16th of 1%) of
the rates per annum at which deposits in an amount equal to the amount of such
Foreign Currency Loan in the applicable Designated Foreign Currency are offered
to major banks in the London interbank market at approximately 11:00 A.M.
(London time), two Business Days prior to the commencement of such Interest
Period, for contracts that would be entered into at the commencement of such
Interest Period for the same duration as such Interest Period.

     

    “Administrative Agent” has the
meaning provided in the first paragraph of this Agreement and includes any
successor to the Administrative Agent appointed pursuant to
Section 9.11.

     

    “Administrative Agent Fee Letter”
means the Fee Letter dated as of October 15, 2010 among the Borrower,
J.P. Morgan Securities LLC and the Administrative Agent.

     

    “Affiliate” means, with
respect to any Person, any other Person directly or indirectly controlling,
controlled by, or under direct or indirect common control with such Person, or,
in the case of any Lender that is an investment fund, the investment advisor
thereof and any investment fund having the same investment advisor.  A
Person shall be deemed to control a second Person if such first Person
possesses, directly or indirectly, the power (i) to vote 10% or more of the
securities having ordinary voting power for the election of directors or
managers of such second Person or (ii) to direct or cause the direction of
the management and policies of such second Person, whether through the ownership
of voting securities, by contract or otherwise.  Notwithstanding the
foregoing, neither the Administrative Agent nor any Lender shall in any event be
considered an Affiliate of the Borrower or any of its Subsidiaries.

     

    “Aggregate Credit Facility Exposure”
means, at any time, the sum of (i) the Aggregate Revolving Facility
Exposure at such time, and (ii) the principal amount of Swing Loans
outstanding at such time.

     

    “Aggregate Revolving Facility
Exposure” means, at any time, the sum of (i) the principal amounts
of all Revolving Loans made by all Revolving Lenders and outstanding at such
time, and (ii) the aggregate amount of the LC Outstandings at such
time.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    “Agreement” means this Credit
Agreement, as the same may from time to time be amended, restated, supplemented
or otherwise modified.

     

    “Anti-Terrorism Law” means the
USA Patriot Act or any other law pertaining to the prevention of future acts of
terrorism, in each case as such law may be amended from time to
time.

     

    “Applicable Commitment Fee
Rate” means:

     

    (i)           On
the Closing Date and thereafter until changed in accordance with the provisions
set forth in this definition, the Applicable Commitment Fee Rate shall be 25.00
basis points;

     

    (ii)          Commencing
with the fiscal quarter of Holdings ending January 1, 2011, and continuing with
each fiscal quarter thereafter, the Administrative Agent shall determine the
Applicable Commitment Fee Rate in accordance with the following matrix, based on
the Total Leverage Ratio:

     

    
      
        
          
            
              	
                      Total
      Leverage Ratio

                    	 	
                      Applicable
      Commitment Fee Rate

                    
	
                      Less
      than 0.50 to 1.00

                    	 	
                      25.00
      bps

                    
	
                      Greater
      than or equal to 0.50 to 1.00, but less than 1.75 to 1.00

                    	 	
                      30.00
      bps

                    
	
                      Greater
      than or equal to 1.75 to 1.00, but less than 2.75 to 1.00

                    	 	
                      35.00
      bps

                    
	
                      Greater
      than or equal to 2.75 to 1.00

                    	 	
                      40.00
      bps

                    

            

          

        

      

    

     

    (iii)           Changes
in the Applicable Commitment Fee Rate based upon changes in the Total Leverage
Ratio shall become effective on the Business Day following the receipt by the
Administrative Agent pursuant to Section 6.1(a) and Section 6.1(b), or
Section 6.1(c), as the case may be, of the financial statements of Holdings
for the Testing Period most recently ended, accompanied by a Compliance
Certificate required pursuant to Section 6.1(d), demonstrating the
computation of the Total Leverage Ratio.  Notwithstanding the
foregoing, during any period when the Borrower has failed to timely deliver its
financial statements referred to in Section 6.1(a), Section 6.1(b) or
Section 6.1(c), accompanied by a Compliance Certificate required pursuant
to Section 6.1(d) (and only until the delivery thereof), the Applicable
Commitment Fee Rate shall be the highest number of basis points indicated
therefor in the above matrix, regardless of the Total Leverage Ratio at such
time.  The above matrix does not modify or waive, in any respect, the
rights of the Administrative Agent and the Lenders to charge any default rate of
interest or any of the other rights and remedies of the Administrative Agent and
the Lenders hereunder.

     

    “Applicable Lending Office”
means, with respect to each Lender, the office designated by such Lender to the
Administrative Agent as such Lender’s lending office for purposes of this
Agreement.  A Lender may have a different Applicable Lending Office
for Base Rate Loans, Eurodollar Loans and Foreign Currency
Loans.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    “Applicable Margin”
means:

     

    (i)           On
the Closing Date and thereafter, until changed in accordance with the following
provisions, the Applicable Margin shall be (A) 50.00 basis points for Base Rate
Loans, and (B) 150.00 basis points for Fixed Rate Loans;

     

    (ii)          Commencing
with the fiscal quarter of Holdings ending January, 2011, and continuing with
each fiscal quarter thereafter, the Administrative Agent shall determine the
Applicable Margin in accordance with the following matrix, based on the Total
Leverage Ratio:

     

    
      
        
          
            
              
                
                  
                    	
                            Total
      Leverage Ratio

                          	 	
                            Revolving
      Loans that

                            are
      Base Rate Loans

                          	 	
                            Revolving
      Loans that

                            are
      Fixed Rate Loans

                          
	
                            Less
      than 0.50 to 1.00

                          	 	
                            50.00
      bps

                          	 	
                            150.00
      bps

                          
	
                            Greater
      than or equal to 0.50 to 1.00, but less than 1.75 to 1.00

                          	 	
                            75.00
      bps

                          	 	
                            175.00
      bps

                          
	
                            Greater
      than or equal to 1.75 to 1.00, but less than 2.75 to 1.00

                          	 	
                            100.00
      bps

                          	 	
                            200.00
      bps

                          
	
                            Greater
      than or equal to 2.75 to 1.00

                          	 	
                            125.00
      bps

                          	 	
                            225.00
      bps

                          

                  

                

              

            

          

        

      

    

     

    (iii)         Changes
in the Applicable Margin based upon changes in the Total Leverage Ratio shall
become effective on the Business Day following the receipt by the Administrative
Agent pursuant to Section 6.1(a) and Section 6.1(b), or
Section 6.1(c), as the case may be, of the financial statements of Holdings
for the Testing Period most recently ended, accompanied by a Compliance
Certificate in accordance with Section 6.1(d), demonstrating the
computation of the Total Leverage Ratio.  Notwithstanding the
foregoing provisions, during any period when Holdings has failed to timely
deliver its financial statements referred to in Section 6.1(a),
Section 6.1(b) or Section 6.1(c), accompanied by a Compliance
Certificate in accordance with Section 6.1(d) (and only until the delivery
thereof), the Applicable Margin shall be the highest number of basis points
indicated therefor in the above matrix, regardless of the Total Leverage Ratio
at such time.  The above matrix does not modify or waive, in any
respect, the rights of the Administrative Agent and the Lenders to charge any
default rate of interest or any of the other rights and remedies of the
Administrative Agent and the Lenders hereunder.

     

    “Approved Bank” has the
meaning provided in subpart (ii) of the definition of “Cash
Equivalents.”

     

    “Approved Fund” means a fund
that is engaged in making, purchasing, holding or otherwise investing in bank
loans and similar extensions of credit and that is administered, advised or
managed by a Lender, an Affiliate of a Lender, or an entity or an Affiliate of
an entity that advises, administers or manages a Lender.

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    “Asset Sale” means the sale,
lease, transfer or other disposition (including by means of Sale and Lease-Back
Transactions, and by means of mergers, consolidations, amalgamations and
liquidations of a corporation, partnership or limited liability company of the
interests therein of the Borrower or any Subsidiary) by the Borrower or any
Subsidiary to any Person of any of the Borrower’s or such Subsidiary’s
respective assets, provided that the term Asset
Sale specifically excludes (i) any sales, transfers or other dispositions
of inventory, or obsolete, worn-out or excess furniture, fixtures, equipment or
other property, real or personal, tangible or intangible, in each case in the
ordinary course of business, or the abandonment or other disposition of any
Intellectual Property that is no longer material to the business, (ii) the
actual or constructive total loss of any property or the use thereof resulting
from any Event of Loss, (iii) the sale of accounts receivable of insolvent
Account Debtors for consideration of up to an aggregate of $1,000,000 since the
Closing Date and (iv) any granting of a license of Intellectual Property in
the ordinary course of business.

     

    “Assignment Agreement” means
an Assignment Agreement substantially in the form of Exhibit G
hereto.

     

    “Authorized Officer” means
(i) with respect to the Borrower, any of the following
officers:  the Chairman, the President, the Chief Executive Officer,
the Chief Financial Officer, the General Counsel, the Treasurer, the Assistant
Treasurer, the Secretary, the Assistant Secretary or the Controller, and
(ii) with respect to any Subsidiary of the Borrower, the President, any
Vice President, the Chief Financial Officer, the Chief Administrative Officer or
the Treasurer of such Subsidiary or such other Person as is authorized in
writing to act on behalf of such Subsidiary and is acceptable to the
Administrative Agent.  Unless otherwise qualified, all references
herein to an Authorized Officer shall refer to an Authorized Officer of the
Borrower.

     

    “Augmenting Lender” has the
meaning provided in Section 2.2(b).

     

    “Banking Services” means each
and any of the following bank services provided to the Borrower or any
Subsidiary by any Lender or any of its Affiliates: (a) credit cards for
commercial customers (including, without limitation, commercial credit cards and
purchasing cards), (b) stored value cards and (c) treasury management services
(including, without limitation, controlled disbursement, automated clearinghouse
transactions, return items, overdrafts and interstate depository network
services).

     

    “Banking Services Agreement”
means any agreement entered into by the Borrower or any Subsidiary in connection
with Banking Services.

     

    “Banking Services Obligations”
means any and all obligations of the Borrower or any Subsidiary Guarantor,
whether absolute or contingent and howsoever and whensoever created, arising,
evidenced or acquired (including all renewals, extensions and modifications
thereof and substitutions therefor) in connection with Banking Services provided
by any Lender or any of its Affiliates.

     

    “Bankruptcy Code” means Title
11 of the United States Code entitled “Bankruptcy,” as now or hereafter in
effect, or any successor thereto, as hereafter amended.

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    “Bankruptcy Event” means, with
respect to any Person, such Person becomes the subject of a bankruptcy or
insolvency proceeding, or has had a receiver, conservator, trustee,
administrator, custodian, assignee for the benefit of creditors or similar
Person charged with the reorganization or liquidation of its business appointed
for it, or, in the good faith determination of the Administrative Agent, has
taken any action in furtherance of, or indicating its consent to, approval of,
or acquiescence in, any such proceeding or appointment, provided that a
Bankruptcy Event shall not result solely by virtue of any ownership interest, or
the acquisition of any ownership interest, in such Person by a Governmental
Authority or instrumentality thereof, provided, further, that such ownership
interest does not result in or provide such Person with immunity from the
jurisdiction of courts within the United States or from the enforcement of
judgments or writs of attachment on its assets or permit such Person (or such
Governmental Authority or instrumentality) to reject, repudiate, disavow or
disaffirm any contracts or agreements made by such Person.

     

    “Base Rate” means, for any
day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on
such day, (b) the Federal Funds Effective Rate in effect on such day plus 1⁄2 of
1% and (c) the Adjusted Eurodollar Rate for a one month Interest Period on such
day (or if such day is not a Business Day, the immediately preceding Business
Day) plus 1%, provided that, for the avoidance of doubt, the Adjusted Eurodollar
Rate for any day shall be based on the rate appearing on Reuters Screen LIBOR01
Page (or on any successor or substitute page of such page) at approximately
11:00 a.m. London time on such day.  Any change in the Alternate Base
Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the
Adjusted Eurodollar Rate shall be effective from and including the effective
date of such change in the Prime Rate, the Federal Funds Effective Rate or the
Adjusted Eurodollar Rate, respectively.

     

    “Base Rate Loan” means any
Loan bearing interest at a rate based upon the Base Rate in effect from time to
time.

     

    “Benefited Creditor” means,
with respect to the Borrower Guaranteed Obligations pursuant to Section 10, each
of the Administrative Agent, the Lenders, their applicable Affiliates, each LC
Issuer and the Swing Line Lender and each Designated Hedge Creditor, and the
respective successors and assigns of each of the foregoing.

     

    “Borrower” has the meaning
specified in the first paragraph of this Agreement.

     

    “Borrower Guaranteed
Obligations” has the meaning provided in Section 10.1.

     

    “Borrowing” means a Revolving
Borrowing or the incurrence of a Swing Loan, as applicable.

     

    “Business Day” means any day
that is not a Saturday, Sunday or other day on which commercial banks in New
York City are authorized or required by law to remain closed; provided that, when
used in connection with a Eurodollar Loan, the term “Business Day” shall also
exclude any day on which banks are not open for dealings in Designated Foreign
Currencies in the London interbank market or the principal financial center of
the country in which payment or purchase of such Designated Foreign Currency can
be made (and, if the Borrowings which are the subject of a borrowing, drawing,
payment, reimbursement or rate selection are denominated in Euro, the term
“Business Day” shall also exclude any day on which the TARGET payment system is
not open for the settlement of payments in Euro).

     

    “Capital Distribution” means a
payment made, liability incurred or other consideration given for the purchase,
acquisition, repurchase, redemption or retirement of any Equity Interest of any
Person or any of its Subsidiaries or as a dividend, return of capital or other
distribution in respect of any of such Person’s or such Subsidiary’s Equity
Interest.

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    “Capital Lease” as applied to
any Person means any lease of any property (whether real, personal or mixed) by
that Person as lessee that, in conformity with GAAP, should be accounted for as
a capital lease on the balance sheet of that Person.

     

    “Capitalized Lease
Obligations” means all obligations under Capital Leases of the Borrower
or any of its Subsidiaries, without duplication, in each case taken at the
amount thereof accounted for as liabilities identified as “capital lease
obligations” (or any similar words) on a consolidated balance sheet of the
Borrower and its Subsidiaries prepared in accordance with GAAP.

     

    “Cash Equivalents” means any
of the following:

     

    (i)           securities
issued or directly and fully guaranteed or insured by the United States or any
agency or instrumentality thereof (provided that the full faith
and credit of the United States is pledged in support thereof), and securities
that are the direct obligations of any member state of the European Union or any
other sovereign nation, which at the time of acquisition thereof, was not
targeted for sanctions by the Office of Foreign Assets Control of the United
States Department of the Treasury so long as the full faith of and credit of
such nation is pledged in support thereof, in each case having maturities of not
more than one year from the date of acquisition;

     

    (ii)          Dollar
denominated time deposits, certificates of deposit and bankers’ acceptances of
(x) any Lender, (y) any domestic or foreign commercial bank (or U.S. branch
thereof) having capital and surplus in excess of $250,000,000 or (z) any bank
(or the parent company of such bank) whose short-term commercial paper rating
from S&P is at least A-1, A-2 or the equivalent thereof or from Moody’s is
at least P-1, P-2 or the equivalent thereof or an equivalent rating from a
comparable foreign rating agency (any such bank, an “Approved
Bank”);

     

    (iii)         with
respect to Foreign Subsidiaries only, non-Dollar denominated time deposits,
certificates of deposit and bankers’ acceptances of an Approved Bank, in an
aggregate amount not to exceed the Dollar Equivalent of $5,000,000 at any
time;

     

    (iv)      
  commercial paper issued by any Lender or Approved Bank or by the
parent company of any Lender or Approved Bank and commercial paper issued by, or
guaranteed by, any industrial or financial company with a short-term commercial
paper rating of at least A-2 or the equivalent thereof by S&P or at least
P-2 or the equivalent thereof by Moody’s or an equivalent rating from a
comparable foreign rating agency, or guaranteed by any industrial company with a
long-term unsecured debt rating of at least A or A2, or the equivalent of each
thereof, from S&P or Moody’s or an equivalent rating from a comparable
foreign rating agency;

     

    (v)         
fully collateralized repurchase agreements entered into with any Lender or
Approved Bank having a term of not more than 90 days and covering securities
described in clause (i) above;

     

    (vi)        
investments in money market funds substantially all the assets of which are
comprised of securities of the types described in clauses (i) through
(v) above;

     

    (vii)       
investments in money market funds access to which is provided as part of “sweep”
accounts maintained with a Lender or an Approved Bank;

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    (viii)      investments
in industrial development revenue bonds that (A) “re-set” interest rates not
less frequently than quarterly, (B) are entitled to the benefit of a remarketing
arrangement with an established broker dealer, and (C) are supported by a direct
pay letter of credit covering principal and accrued interest that is issued by
an Approved Bank; and

     

    (ix)         investments
in pooled funds or investment accounts consisting of investments of the nature
described in the foregoing clause (viii).

     

    “Cash Proceeds” means,
(i) with respect to any Asset Sale, the aggregate cash payments (including
any cash received by way of deferred payment pursuant to a note receivable
issued in connection with such Asset Sale, other than the portion of such
deferred payment constituting interest, but only as and when so received)
received by any Credit Party or any Subsidiary from such Asset Sale and
(ii) with respect to any Event of Loss, the aggregate cash payments
received by any Credit Party or any Subsidiary as a result of such Event of
Loss.

     

    “CERCLA” means the
Comprehensive Environmental Response, Compensation, and Liability Act of 1980,
as the same may be amended from time to time, 42 U.S.C. § 9601 et
seq.

     

    “Change of Control”
means:

     

    (i)           the
acquisition of ownership or voting control, directly or indirectly, beneficially
or of record, on or after the Closing Date, by any Person or group (within the
meaning of Rule 13d-3 of the SEC under the 1934 Act, as then in effect), of
shares representing more than 30% of the aggregate ordinary Voting Power
represented by the issued and outstanding capital stock of
Holdings;

     

    (ii)          the
occupation of a majority of the seats (other than vacant seats) on the board of
directors of Holdings by Persons who were neither (A) nominated by the Board of
Directors of Holdings nor (B) appointed by directors so nominated;

     

    (iii)         the
ceasing of Holdings to have, directly or indirectly, record and beneficial
ownership (within the meaning of Rule 13d-3 of the SEC under the 1934 Act, as
then in effect) or control of 100% (on a fully-diluted basis, disregarding any
director qualifying share ownership) of the combined Voting Power or economic
benefit of the then outstanding equity interests of the Borrower (or any
successor, by operation of law or otherwise, or assign thereof), other than as a
result of a merger of Holdings into the Borrower in a transaction permitted by
Section 7.2(b); or

     

    (iv)         the
ceasing of the Borrower to have record and beneficial ownership (within the
meaning of Rule 13d-3 of the SEC under the 1934 Act, as then in effect) or
control of 100% (on a fully-diluted basis, disregarding any director qualifying
share ownership) of the combined Voting Power or economic benefit of the then
outstanding equity interests its Subsidiaries (or any successor, by operation of
law or otherwise, or assign thereof), except as a result of the dissolution or
merger of a Subsidiary in a transaction permitted pursuant to
Section 7.2.

     

    “Charges” has the meaning
provided in Section 11.22.

     

    “CIP Regulations” has the
meaning provided in Section 9.7.

     

    “Claims” has the meaning set
forth in the definition of “Environmental Claims.”

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

     

    “Closing Date” means November
30, 2010.

     

    “Code” means the Internal
Revenue Code of 1986, as amended from time to time, and the regulations
promulgated and the rulings issued
thereunder.  Section references to the Code are to the Code as in
effect at the Closing Date and any subsequent provisions of the Code, amendatory
thereof, supplemental thereto or substituted therefor.

     

    “Collateral” means the
“Collateral” as defined in the Security Agreement, together with any other
collateral (whether real property or personal property) covered by any Security
Document.

     

    “Collateral Access Agreement”
shall mean each waiver or other agreement, in form and substance reasonably
satisfactory to the Administrative Agent, between the Administrative Agent and
any third party (including any bailee, assignee, customs broker, consignee, or
other similar Person) in possession of any Collateral or any landlord of any
Credit Party for any Real Property where any Collateral is located.

     

    “Co-Lead Arranger” means each
of J.P. Morgan Securities LLC and KeyBank National Association, in its capacity
as Co-Lead Arranger.

     

    “Commitment Fees” has the
meaning provided in Section 2.10(a).

     

    “Commitment Increase Request”
has the meaning provided in Section 2.2(b).

     

    “Commodities Equity Option
Agreement” means an equity option contract purchased by the Borrower or
any of its Subsidiaries from a securities intermediary in the ordinary course of
business, and not for speculative purposes, as a means to hedge against price
fluctuations in the raw materials necessary to the manufacturing or production
of goods in connection with the business of the Borrower and its Subsidiaries
(it being understood and agreed that the use of open or naked calls shall by
definition be deemed speculative).

     

    “Commodities Hedge Agreement”
means a commodities contract purchased by the Borrower or any of its
Subsidiaries in the ordinary course of business, and not for speculative
purposes, with respect to raw materials necessary to the manufacturing or
production of goods in connection with the business of the Borrower and its
Subsidiaries.

     

    “Compliance Certificate” has
the meaning provided in Section 6.1(d).

     

    “Confidential Information” has
the meaning provided in Section 11.15(b).

     

    “Consideration” means, in
connection with an Acquisition, the aggregate consideration paid, including
borrowed funds, cash, the issuance of securities or notes, the assumption or
incurring of liabilities (direct or contingent), the payment of consulting fees
(excluding any fees payable to any investment banker in connection with such
Acquisition) or fees for a covenant not to compete and any other consideration
paid for the purchase.

     

    “Consolidated Capital
Expenditures” means, for any period, the aggregate of all expenditures
(whether paid in cash or accrued as liabilities) made by a Person and its
Subsidiaries to acquire or lease (pursuant to a Capital Lease) fixed or capital
assets, or additions to equipment (including replacements, capitalized repairs
and improvements during such period), but excluding any such expenditure
(i) made to restore, replace or rebuild property to the condition of such
property immediately prior to any Event of Loss to the extent such expenditure
is made with, or subsequently reimbursed out of insurance proceeds, indemnity
payments, condemnation awards (or payments in lieu of) or damage recovery
proceeds relating to any Event of Loss; (ii) made pursuant to
Section 7.2 or Section 7.5 hereof; (iii) made to the extent
reimbursed by a third party or (iv) made with proceeds of Equity
Issuances.

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

     

    “Consolidated Depreciation and
Amortization Expense” means, for any period, all depreciation and
amortization expenses of a Person and its Subsidiaries, all as determined for
such Person and its Subsidiaries on a consolidated basis in accordance with
GAAP.

     

    “Consolidated EBITDA” means,
for any period, with respect to any Person, (i) Consolidated Net Income for
such period, plus
(without duplication) (ii) the aggregate amounts deducted in
determining such Consolidated Net Income in respect of (a) Consolidated Interest
Expense, (b) Consolidated Income Tax Expense, (c) Consolidated Depreciation and
Amortization Expense, (d) restricted stock expense and stock option expense (but
only to the extent deducted from the determination of Consolidated Net Income
for such period), (e) non-cash charges as permitted in accordance with FAS 142,
(f) the Consolidated EBITDA for any Person or business unit that has been
acquired by the Borrower or any of its Subsidiaries for any portion of such
Testing Period prior to the date of acquisition, so long as such Consolidated
EBITDA is set forth in appropriate audited financial statements of such Person
or other financial statements of such Person reasonably acceptable to the
Administrative Agent, (g) write-off of deferred financing costs, (h) amortized
debt discount, (i) losses from extraordinary items from such period, (j)
any aggregate net loss during such period arising from the sale, exchange or
other disposition or capital assets of such Person, (k) with the consent of the
Administrative Agent (not to be unreasonably withheld), any non-recurring
non-cash losses or charges, (l) with the consent of the Required Lenders (not to
be unreasonably withheld), any non-recurring cash losses or charges, (m) any
other non-cash losses or charges in respect of Hedge Agreements (including those
resulting from the application of FAS 133), and (m) proceeds received from
business interruption insurance, minus (without duplication)
(iii) with respect to Holdings, the Consolidated EBITDA from any Asset Sale
permitted under Section 7.2 and made during such period, with such pro
forma adjustments to be (a) made as if such Asset Sale occurred on the first day
of such period, and (b) supported by such financial information as is reasonably
satisfactory to the Administrative Agent and (c) made only if agreed to in
writing by the Administrative Agent, all as determined for Holdings and its
Subsidiaries on a consolidated basis in accordance with GAAP.

     

    “Consolidated Fixed Charges”
means, for any period, with respect to any Person, as determined on a
consolidated basis and in accordance with GAAP, without duplication, the
aggregate of (i) Consolidated Interest Expense (excluding, to the extent
included therein, (a) original issue discount and (b) non-cash interest paid in
the form of payment-in-kind notes), (ii) scheduled principal payments of
principal with respect to Indebtedness during such period, (iii) payments
on earn-outs to sellers in connection with Permitted Acquisitions, unless such
earn-outs are deducted in the calculation of Consolidated EBITDA during the
relevant period, (iv) the aggregate of all redemptions, purchases,
retirements, defeasances, sinking fund or similar payments or acquisitions for
value with respect to Indebtedness and (v) Capital Distributions paid in
cash.  For purposes of this definition, when computing the
Consolidated Fixed Charges of Holdings and its Subsidiaries, the following
Consolidated Fixed Charges shall be excluded:  (a) the Consolidated
Fixed Charges of any other Person prior to the date it became a Subsidiary of,
or was merged into, Holdings or any Subsidiary of Holdings and (b) the
Consolidated Fixed Charges of any other Person (other than a Subsidiary) in
which Holdings has an ownership interest.

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

     

    “Consolidated Funded
Indebtedness” means, for any Person and its Subsidiaries on a
consolidated basis and as determined in accordance with GAAP, without
duplication, (i) the sum of all  Indebtedness for borrowed money
evidenced by notes, bonds, debentures, or similar evidences of Indebtedness that
by its terms matures more than one year from, or is directly or indirectly
renewable or extendible at such Person’s option under a revolving credit or
similar agreement obligating the lender or lenders to extend credit over a
period of more than one year from the date of creation thereof, and specifically
including Capitalized Lease Obligations, current maturities of long-term debt,
revolving credit and short-term debt extendible beyond one year at the option of
the debtor, and also including, in the case of Borrower, the Indebtedness under
the Parent Equity-Linked Securities and the Obligations, and, without
duplication, Indebtedness consisting of Guaranty Obligations of the foregoing of
other Persons, minus
(ii) Unrestricted Cash.  For purposes of this definition, when
computing the Consolidated Funded Indebtedness of Holdings and its Subsidiaries,
the following Indebtedness shall be excluded:  (a) the Indebtedness of
any other Person prior to the date it became a Subsidiary of, or was merged
into, Holdings or any Subsidiary of Holdings and (b) the Indebtedness of any
other Person (other than a Subsidiary) in which Holdings has an ownership
interest.

     

    “Consolidated Income Tax
Expense” means, for any period, all provisions for taxes based on
Consolidated Net Income (including, without limitation, any additions to such
taxes, and any penalties and interest with respect thereto), all as determined
for any Person and its Subsidiaries on a consolidated basis in accordance with
GAAP.

     

    “Consolidated Interest
Expense” means, for any period, total interest expense (including,
without limitation, that which is capitalized and that which is attributable to
Capital Leases or Synthetic Leases) of a Person and its Subsidiaries on a
consolidated basis with respect to all outstanding Indebtedness of such Person
and its Subsidiaries, but excluding amortized debt discount and write off of
deferred financing costs.

     

    “Consolidated Net Income”
means, with respect to any Person, for any period, the net income (or loss) of
such Person and its Subsidiaries on a consolidated basis for such period taken
as a single accounting period determined in conformity with GAAP, but excluding
(i) extraordinary, unusual or non-recurring gains and losses,
(ii) earnings, gains and losses resulting from any write-up or write-down
of assets other than in the ordinary course of business, and (iii) the
cumulative effect of a change in accounting principles.

     

    “Continue,” “Continuation” and “Continued” each refers to a
continuation of a Fixed Rate Loan for an additional Interest Period as provided
in Section 2.9.

     

    “Control Agreements” has the
meaning set forth in the Security Agreement.

     

    “Convert,” “Conversion” and “Converted” each refers to a
conversion of Loans of one Type into Loans of another Type.

     

    “Copyright Security Agreement”
shall mean each Copyright Security Agreement, executed by a Credit Party, in
favor of the Administrative Agent, in each case, in form and substance
reasonably satisfactory to the Administrative Agent.

     

    “Credit Event” means the
making of any Borrowing, any Conversion or Continuation or any LC
Issuance.

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

     

    “Credit Facility” means the
credit facility established under this Agreement pursuant to which (i) the
Revolving Lenders shall make Revolving Loans to the Borrower, and shall
participate in LC Issuances, under the Revolving Facility pursuant to the
Revolving Commitment of each such Revolving Lender, (ii) the Swing Line
Lender shall make Swing Loans to the Borrower under the Swing Line Facility
pursuant to the Swing Line Commitment and (iii) each LC Issuer shall issue
Letters of Credit for the account of the LC Obligors in accordance with the
terms of this Agreement.

     

    “Credit Facility Exposure”
means, for any Lender at any time, the sum of (i) such Lender’s Revolving
Facility Exposure at such time, and (ii) in the case of the Swing Line
Lender, the principal amount of Swing Loans outstanding at such
time.

     

    “Credit Party” means
Holdings,  the Borrower or any Subsidiary Guarantor.

     

    “Default” means any event, act
or condition that with notice or lapse of time, or both, would constitute an
Event of Default.

     

    “Default Rate” means, for any
day, (i) with respect to any Loan, a rate per annum equal to 2% per annum
above the interest rate that is or would be applicable from time to time to such
Loan pursuant to Section 2.8(a)(i) and (ii) with respect to any
other amount, a rate per annum equal to 2 per annum above the rate that
would be applicable to Revolving Loans that are Base Rate Loans pursuant to
Section 2.8(a)(i).

     

    “Defaulting Lender” means any
Lender that (a) has failed, within two Business Days of the date required to be
funded or paid, to (i) fund any portion of its Loans, (ii) fund any portion of
its LC Participations or Swing Loan Participations or (iii) pay over to any
Lender Party any other amount required to be paid by it hereunder, unless, in
the case of clause (i) above, such Lender notifies the Administrative Agent in
writing that such failure is the result of such Lender’s good faith
determination that a condition precedent to funding (specifically identified and
including the particular default, if any) has not been satisfied, (b) has
notified the Borrower or any Lender Party in writing, or has made a public
statement to the effect, that it does not intend or expect to comply with any of
its funding obligations under this Agreement (unless such writing or public
statement indicates that such position is based on such Lender’s good faith
determination that a condition precedent (specifically identified and including
the particular default, if any) to funding a loan under this Agreement cannot be
satisfied) or generally under other agreements in which it commits to extend
credit, (c) has failed, within three Business Days after request by a Lender
Party, acting in good faith, to provide a certification in writing from an
authorized officer of such Lender that it will comply with its obligations (and
is financially able to meet such obligations) to fund prospective Loans and LC
Participations and Swing Loan Participations under this Agreement, provided that
such Lender shall cease to be a Defaulting Lender pursuant to this clause (c)
upon such Lender Party’s receipt of such certification in form and substance
satisfactory to it and the Administrative Agent, or (d) has become the subject
of a Bankruptcy Event.

     

    “Designated Foreign Currency”
means Euros, Swiss Francs or any other currency (other than Dollars) approved in
writing by the Administrative Agent and all of the Revolving Lenders and that is
freely traded and exchangeable into Dollars.

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

    “Designated Hedge Agreement”
means (i) each of the Hedge Agreements identified on Schedule 4 hereto, and
(ii) any other Hedge Agreement (other than a Commodities Hedge Agreement)
to which the Borrower or any of its Subsidiaries is a party and as to which a
Lender or any of its Affiliates is a counterparty that, pursuant to a Designated
Hedge Certificate signed by the Administrative Agent (which the Administrative
Agent agrees to sign upon the request of such Lender), has been designated as a
Designated Hedge Agreement so that the Borrower’s or such Subsidiary’s
counterparty’s credit exposure thereunder will be entitled to share in the
benefits of the Parent Guaranty, the Subsidiary Guaranty and the Security
Documents to the extent the Parent Guaranty, the Subsidiary Guaranty and such
Security Documents provide guarantees or security for creditors of the Borrower
or any Subsidiary under Designated Hedge Agreements.

     

    “Designated Hedge Certificate”
means a certificate substantially in the form of Exhibit H hereto.

     

    “Designated Hedge Creditor”
means each Person that was a Lender or Affiliate of a Lender at the time such
Person entered into any Designated Hedge Agreement as a counterparty to any
Credit Party.

     

    “Designated Hedge
Obligations” means any and
all obligations of the Borrower or any Subsidiary Guarantor, whether absolute or
contingent and howsoever and whensoever created, arising, evidenced or acquired
(including all renewals, extensions and modifications thereof and substitutions
therefor), under (a) any and all Designated Hedge Agreements, and (b) any and
all cancellations, buy backs, reversals, terminations or assignments of any such
Designated Hedge Agreement.

     

    “Dollars” and the sign “$” each means lawful money of
the United States.

     

    “Dollar Equivalent” means,
(i) with respect to any amount denominated in Dollars, such amount and
(ii) with respect to a Foreign Currency Loan to be made, the Dollar
equivalent of the amount of such Foreign Currency Loan, determined by the
Administrative Agent on the basis of its spot rate at approximately 11:00 A.M.
London time on the date two Business Days before the date such Foreign Currency
Loan is to be made, for the purchase of the relevant Designated Foreign Currency
with Dollars for delivery on the date such Foreign Currency Loan is to be made,
(iii) with respect to any Letter of Credit to be issued in any Designated
Foreign Currency, the Dollar equivalent of the Stated Amount of such Letter of
Credit, determined by the applicable LC Issuer on the basis of its spot rate at
approximately 11:00 A.M. London time on the date two Business Days before the
issuance of such Letter of Credit, for the purchase of the relevant Designated
Foreign Currency with Dollars for delivery on such date of issuance, and
(iv) with respect to any other amount not denominated in Dollars, and with
respect to Foreign Currency Loans and Letters of Credit issued in any Designated
Foreign Currency at any other time, the Dollar equivalent of such amount,
Foreign Currency Loan or Letter of Credit, as the case may be, determined by the
Administrative Agent on the basis of its spot rate at approximately 11:00 A.M.
London time on the date for which the Dollar equivalent amount of such amount,
Foreign Currency Loan or Letter of Credit, as the case may be, is being
determined, for the purchase of the relevant Designated Foreign Currency with
Dollars for delivery on such date.

     

    “Domestic Subsidiary” means
any Subsidiary organized under the laws of the United States, any State thereof,
or the District of Columbia.

    
      
         

      

      
        13

        
          

        

      

      
         

      

    

    “Eligible Assignee” means,
with respect to any assignment to be made pursuant to Section 11.6(c)
hereunder, (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 (A) the Administrative Agent, (B) each LC Issuer in the case of
an assignment of a Revolving Commitment, and (C) unless an Event of Default has
occurred and is continuing, the Borrower; provided, that the
Borrower shall be deemed to have consented to any such assignment unless it
shall object thereto by written notice to the Administrative Agent within five
(5) Business Days after having received notice thereof (each such approval not
to be unreasonably withheld or delayed); provided, however, that
notwithstanding the foregoing, “Eligible Assignee” shall not include the
Borrower or any of the Borrower’s Affiliates or Subsidiaries or any other Person
that bears a relationship to the Borrower described in Section 108(e)(4) of the
Code.

     

    “Environmental Claims” means
any and all regulatory or judicial actions, suits, demand letters, claims,
liens, notices of non-compliance or violation or proceedings pursuant to or
under any Environmental Law or any permit issued under any such law (hereafter
“Claims”), including, without limitation, (i) any and all Claims by any
Governmental Authority for enforcement, cleanup, removal, response, remedial or
other actions or damages pursuant to any applicable Environmental Law, and
(ii) any and all Claims by any third party (A) seeking damages,
contribution, indemnification, cost recovery, compensation or injunctive relief
resulting from the storage, treatment or Release (as defined in CERCLA) of any
Hazardous Materials or (B) arising from alleged injury or threat of injury to
human health or the environment.

     

    “Environmental Law” means any
applicable federal, state, foreign or local statute, law, rule, regulation,
ordinance, code, rule of common law now or hereafter in effect and in each case
as amended, and any order, consent, decree or judgment issued to or rendered
against the Borrower or any of its Subsidiaries relating to the protection of
the environment, employee health and safety or Hazardous Materials, including,
without limitation, CERCLA; the Resource Conservation and Recovery Act, as the
same may be amended from time to time, 42 U.S.C. § 6901 et seq.; the Federal Water
Pollution Control Act, 33 U.S.C. § 1251 et seq.; the Clean Air Act,
42 U.S.C. § 7401 et
seq.; the Safe Drinking Water Act, 42 U.S.C. § 300f et seq.; the Oil Pollution
Act of 1990, 33 U.S.C. § 2701 et seq.; the Emergency
Planning and the Community Right-to-Know Act of 1986, 42 U.S.C. § 11001
et seq.; the Hazardous
Material Transportation Act, 49 U.S.C. § 5101 et seq.; and the Occupational
Safety and Health Act, 29 U.S.C. § 651 et seq. (to the extent it
regulates occupational exposure to Hazardous Materials); and any applicable
state and local or foreign counterparts or equivalents, in each case as amended
from time to time.

     

    “Equity Interest” means with
respect to any Person, any and all shares, interests, participations or other
equivalents, including membership interests (however designated, whether voting
or non-voting), of equity of such Person, including, if such Person is a
partnership, partnership interests (whether general or limited) or any other
interest or participation that confers on a Person the right to receive a share
of the profits and losses of, or distributions of assets of, such partnership,
but in no event will Equity Interest include any debt securities convertible or
exchangeable into equity unless and until actually converted or
exchanged.

     

    “ERISA” means the Employee
Retirement Income Security Act of 1974, as amended from time to time, and the
regulations promulgated and rulings issued
thereunder.  Section references to ERISA are to ERISA, as in
effect at the Closing Date and any subsequent provisions of ERISA, amendatory
thereof, supplemental thereto or substituted therefor.

     

    “ERISA Affiliate” means each
Person (as defined in Section 3(9) of ERISA), which together with any
Credit Party, would be deemed to be a “single employer” within the meaning of
Section 414(b), (c), (m) or (o) of the Code or Section 4001(a)(14) or
4001(b)(i) of ERISA.

    
      
         

      

      
        14

        
          

        

      

      
         

      

    

     

    “Eurodollar Loan” means each
Loan bearing interest at a rate based upon the Adjusted Eurodollar
Rate.

     

    “Event of Default” has the
meaning provided in Section 8.1.

     

    “Event of Loss” means, with
respect to any property, (i) the actual or constructive total loss of such
property or the use thereof, resulting from destruction, damage beyond repair,
or the rendition of such property permanently unfit for normal use from any
casualty or similar occurrence whatsoever, (ii) the destruction or damage
of a portion of such property from any casualty or similar occurrence
whatsoever, (iii) the condemnation, confiscation or seizure of, or
requisition of title to or use of any property, or (iv) in the case of any
property located upon a leasehold, the termination or expiration of such
leasehold.

     

    “Existing Credit Agreement”
means the Credit Agreement, dated as of June 26, 2006, among the Borrower,
Holdings, the lenders party thereto and KeyBank National Association, as
Agent.

     

    “Existing Letters of Credit”
means, collectively, each of the letters of credit issued by KeyBank National
Association or another Lender that are more fully described on Schedule 3
hereto.

     

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

     

    “Fees” means all amounts
payable pursuant to, or referred to in, Section 2.10.

     

    “Financial Projections” has
the meaning provided in Section 5.7(b).

     

    “Financial Statements” means,
collectively, (i) the audited consolidated and unaudited consolidating
balance sheets of Holdings and its consolidated Subsidiaries for the fiscal year
ended April 3, 2010, accompanied by the report thereon of Ernst & Young LLP,
(ii) the related audited consolidated statements of income, shareholders’
equity and cash flows and the related unaudited consolidating statements of
income of Holdings and its consolidated Subsidiaries for the fiscal year of
Holdings ended April 3, 2010, accompanied by the report thereon of Ernst &
Young LLP, and (ii) the unaudited consolidated balance sheet of Holdings
and its consolidated Subsidiaries for the fiscal quarter ended October 2, 2010
and the related unaudited consolidated statements of income and of cash flows of
Holdings and its consolidated Subsidiaries for the fiscal period then
ended.

     

    “Fixed Charge Coverage Ratio”
means, with respect to any Person, for any Testing Period, the ratio of
(i) Consolidated EBITDA of such Person minus Consolidated Capital
Expenditures (other than that portion of Capital Expenditures not financed by
Revolving Loans) and income taxes paid in cash to (ii) Consolidated Fixed
Charges of such Person.

     

    “Fixed Rate Loan” means any
Eurodollar Loan or Foreign Currency Loan.

    
      
         

      

      
        15

        
          

        

      

      
         

      

    

     

    “Foreign Currency Exposure”
means, at any time, the portion of the Aggregate Revolving Facility Exposure at
such time that is denominated in any Designated Foreign Currency.

     

    “Foreign Currency Loan” means
each Revolving Loan denominated in a Designated Foreign Currency and bearing
interest at a rate based upon the Adjusted Foreign Currency Rate.

     

    “Foreign Subsidiary” means any
Subsidiary that is not a Domestic Subsidiary.

     

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

     

    “Governmental Authority” means
any nation or government, any state or other political subdivision thereof, any
agency, authority, instrumentality, regulatory body, court, global tribunal,
central bank or other entity exercising executive, legislative, judicial,
taxing, regulatory or global powers or functions of or pertaining to
government.

     

    “Guaranty Obligations” means
as to any Person (without duplication) any obligation of such Person
guaranteeing any Indebtedness (“Primary Indebtedness”) of any other Person (the
“Primary Obligor”) in any manner, whether directly or indirectly, including,
without limitation, any obligation of such Person, whether or not contingent,
(i) to purchase any such Primary Indebtedness or any property constituting
direct or indirect security therefor, (ii) to advance or supply funds for
the purchase or payment of any such Primary Indebtedness or to maintain working
capital or equity capital of the Primary Obligor or otherwise to maintain the
net worth or solvency of the Primary Obligor, (iii) to purchase property,
securities or services primarily for the purpose of assuring the owner of any
such Primary Indebtedness of the ability of the Primary Obligor to make payment
of such Primary Indebtedness, or (iv) otherwise to assure or hold harmless
the owner of such Primary Indebtedness against loss in respect thereof, provided, however, that the
definition of Guaranty Obligation shall not include endorsements of instruments
for deposit or collection in the ordinary course of business.  The
amount of any Guaranty Obligation shall be deemed to be an amount equal to the
stated or determinable amount of the Primary Indebtedness in respect of which
such Guaranty Obligation is made or, if not stated or determinable, the maximum
reasonably anticipated liability in respect thereof (assuming such Person is
required to perform thereunder).

     

    “Hazardous Materials” means
(i) any petrochemical or petroleum products, radioactive materials,
asbestos in any form that is or could reasonably be expected to become friable,
urea formaldehyde foam insulation, polychlorinated biphenyls, and radon gas; and
(ii) any chemicals, materials or substances defined as or included in the
definition of “hazardous substances,” “hazardous wastes,” “hazardous materials,”
“restricted hazardous materials,” “extremely hazardous wastes,” “restrictive
hazardous wastes,” “toxic substances,” “toxic pollutants,” “contaminants” or
“pollutants,” or words of similar meaning and regulatory effect, under any
applicable Environmental Law.

     

    “Hedge Agreement” means
(i) any interest rate swap agreement, any interest rate cap agreement, any
interest rate collar agreement or other similar interest rate management
agreement or arrangement, (ii) any currency swap or option agreement,
foreign exchange contract, forward currency purchase agreement or similar
currency management agreement or arrangement, (iii) any Commodities Hedge
Agreement or (iv) any Commodities Equity Option Agreement.

     

    “Holdings” has the meaning
specified in the first paragraph of this Agreement.

    
      
         

      

      
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    “Increasing Lender” has the
meaning provided in Section 2.2(b).

     

    “Indebtedness” of any Person
means (without duplication) (i) all indebtedness of such Person for
borrowed money, which shall include, with respect to the Borrower, the
Obligations; (ii) all bonds, notes, debentures and similar debt securities
of such Person; (iii) the deferred purchase price of capital assets or
services that in accordance with GAAP would be shown on the liability side of
the balance sheet of such Person; (iv) the face amount of all letters of
credit issued for the account of such Person and, without duplication, all
drafts drawn thereunder; (v) all obligations, contingent or otherwise, of
such Person in respect of bankers’ acceptances; (vi) all indebtedness of a
second Person secured by any Lien on any property owned by such first Person,
whether or not such indebtedness has been assumed; (vii) all Capitalized
Lease Obligations of such Person; (viii) the present value, deter mined on
the basis of the implicit interest rate, of all basic rental obligations under
all Synthetic Leases of such Person; (ix) all obligations of such Person with
respect to asset securitization financing; (x) all net obligations of such
Person under Hedge Agreements; (xi) the stated value, or liquidation value
if higher, of all Redeemable Stock of such Person; and (xii) all Guaranty
Obligations of such Person; provided, however, that (y)
neither trade payables, deferred revenue, taxes nor other similar accrued
expenses, in each case arising in the ordinary course of business, shall
constitute Indebtedness; and (z) the Indebtedness of any Person shall in any
event include (without duplication) the Indebtedness of any other entity
(including any general partnership in which such Person is a general partner) to
the extent such Person is liable thereon as a result of such Person’s ownership
interest in or other relationship with such entity, except to the extent the
terms of such Indebtedness provide expressly that such Person is not liable
thereon.

     

    “Indemnitees” has the meaning
provided in Section 11.2.

     

    “Insolvency Event” means, with
respect to any Person, (i) the commencement of a voluntary case by such
Person under the Bankruptcy Code or the seeking of relief by such Person under
any bankruptcy or insolvency or analogous law in any jurisdiction outside of the
United States; (ii) the commencement of an involuntary case against such
Person under the Bankruptcy Code and the petition is not controverted within 10
days, or is not dismissed within 60 days, after commencement of the case;
(iii) a custodian (as defined in the Bankruptcy Code) is appointed for, or
takes charge of, all or substantially all of the property of such Person;
(iv) such Person commences (including by way of applying for or consenting
to the appointment of, or the taking of possession by, a rehabilitator,
receiver, custodian, trustee, conservator or liquidator (collectively, a
“conservator”) of such Person or all or any substantial portion of its property)
any other proceeding under any reorganization.  arrangement,
adjustment of debt, relief of debtors, dissolution, insolvency, liquidation,
rehabilitation, conservatorship or similar law of any jurisdiction whether now
or hereafter in effect relating to such Person; (v) any such proceeding of
the type set forth in clause (iv) above is commenced against such Person to
the extent such proceeding is consented to by such Person or remains undismissed
for a period of 60 days; (vi) such Person is adjudicated insolvent or
bankrupt; (vii) any order of relief or other order approving any such case
or proceeding is entered; (viii) such Person suffers any appointment of any
conservator or the like for it or any substantial part of its property that
continues undischarged or unstayed for a period of 60 days; (ix) such Person
makes a general assignment for the benefit of creditors or generally does not
pay its debts as such debts become due; or (x) any corporate (or similar
organizational) action is taken by such Person for the purpose of effecting any
of the foregoing.

    
      
         

      

      
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    “Interest Period” means, with
respect to each Fixed Rate Loan, a period of one, two, three or six months (or,
if available and agreed to by the Lenders, additional non-standard periods as
selected by the Borrower); provided, however, that
(i) the initial Interest Period for any Borrowing of such Fixed Rate Loan
shall commence on the date of such Borrowing (the date of a Borrowing resulting
from a Conversion or Continuation shall be the date of such Conversion or
Continuation) and each Interest Period occurring thereafter in respect of such
Borrowing shall commence on the day on which the next preceding Interest Period
expires; (ii) if any Interest Period begins on a day for which there is no
numerically corresponding day in the calendar month at the end of such Interest
Period, such Interest Period shall end on the last Business Day of such calendar
month; (iii) if any Interest Period would otherwise expire on a day that is
not a Business Day, such Interest Period shall expire on the next succeeding
Business Day; provided,
however, that if any Interest Period would otherwise expire on a day that
is not a Business Day but is a day of the month after which no further Business
Day occurs in such month, such Interest Period shall expire on the next
preceding Business Day; (iv) no Interest Period for any Fixed Rate Loan may
be selected that would end after the Revolving Facility Termination Date; and
(v) if, upon the expiration of any Interest Period, the Borrower has failed
to (or may not) elect a new Interest Period to be applicable to the respective
Borrowing of Fixed Rate Loans as provided above, the Borrower shall be deemed to
have elected to Convert such Borrowing to Base Rate Loans effective as of the
expiration date of such current Interest Period or, in the case of any Foreign
Currency Loan, the Borrower shall be required to repay the same in
full.

     

    “Investment” means
(i) any direct or indirect purchase or other acquisition by a Person of any
Equity Interest of any other Person; (ii) any loan, advance (other than
deposits with financial institutions available for withdrawal on demand) or
extension of credit to, guarantee or assumption of debt or purchase or other
acquisition of any other Indebtedness of, any Person by any other Person;
(iii) the purchase, acquisition or investment of or in any stocks, bonds,
mutual funds, notes, debentures or other securities, or any deposit account,
certificate of deposit or other investment of any kind; or (iv) any other
contribution to the equity capital of a Person by another Person whether in the
form cash or property.

     

    “IP Security Agreements” shall
mean the Copyright Security Agreements, the Patent Security Agreements and the
Trademark Security Agreements.

     

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

     

    “Judgment Amount” has the
meaning provided in Section 11.23.

     

    “Kulpsville Property” means
owned Real Property of RBC Nice Bearings, Inc. located at 2060 Detwiler Rd.,
Kulpsville, Pennsylvania.

     

    “LC Commitment Amount” means
$35,000,000.

     

    “LC Documents” means, with
respect to any Letter of Credit, any documents executed in connection with such
Letter of Credit, including the Letter of Credit itself.

     

    “LC Fee” means any of the fees
payable pursuant to Section 2.10(b) or Section 2.10(c) in respect of
Letters of Credit.

     

    “LC Issuance” means the
issuance of any Letter of Credit by any LC Issuer for the account of an LC
Obligor in accordance with the terms of this Agreement, and shall include any
amendment thereto that increases the Stated Amount thereof or extends the expiry
date of such Letter of Credit.

    
      
         

      

      
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    “LC Issuer” means JPMCB or any
of its Affiliates, or such other Lender that is requested by the Borrower and
agrees to be an LC Issuer hereunder and is approved by the Administrative Agent
(such approval not to be unreasonably withheld or delayed); provided that, solely
with respect to the Existing Letters of Credit, Keybank National Association
shall be an LC Issuer.

     

    “LC Obligor” means, with
respect to each LC Issuance, the Credit Party for whose account such Letter of
Credit is issued.

     

    “LC Outstandings” means, at
any time, the sum, without duplication, of (i) the aggregate Stated Amount
of all outstanding Letters of Credit and (ii) the aggregate amount of all
outstanding Unpaid Drawings with respect to Letters of Credit.

     

    “LC Participation” has the
meaning provided in Section 2.4(g).

     

    “LC Request” has the meaning
provided in Section 2.4(b).

     

    “Leaseholds” of any Person
means all the right, title and interest of such Person as lessee or licensee in,
to and under leases or licenses of land, improvements and/or
fixtures.

     

    “Lender” and “Lenders” have the meaning
provided in the first paragraph of this Agreement and includes any other Person
that becomes a party hereto pursuant to an Assignment Agreement, other than any
such Person that ceases to be a party hereto pursuant to an Assignment
Agreement.  Unless the context otherwise requires, the term “Lenders”
includes the Swing Line Lender.

     

    “Lender Register” has the
meaning provided in Section 2.7(b).

     

     “Lender Parent” means, with
respect to any Lender, any Person as to which such Lender is, directly or
indirectly, a subsidiary.

     

     “Lender Party” means the
Administrative Agent, any LC Issuer, the Swing Line Lender or any other
Lender.

     

    “Letter of Credit” means
(i) any Standby Letter of Credit issued by any LC Issuer under this
Agreement pursuant to Section 2.4 for the account of any LC Obligor and
(ii) any Existing Letter of Credit.

     

    “Lien” means any mortgage,
pledge, security interest, hypothecation, encumbrance, lien or charge of any
kind, including, without limitation,  any agreement to give any of the
foregoing, any conditional sale or other title retention agreement or any lease
in the nature thereof.  For the avoidance of
doubt:  (i) a UCC financing statement merely evidencing a
security interest or a precautionary UCC filing evidencing an operating lease of
personal property shall not be considered a Lien and (ii) a license of
Intellectual Property also shall not be considered a Lien.

     

    “Loan” means any Revolving
Loan or Swing Loan.

     

    “Loan Documents” means this
Agreement, the Notes, the Subsidiary Guaranty, the Parent Guaranty, the Security
Documents, the Administrative Agent Fee Letter and each Letter of Credit and
each other LC Document.

     

    
      
         

      

      
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    “Loss” has the meaning
provided in Section 11.23.

     

    “Margin Stock” has the meaning
provided in Regulation U.

     

    “Material Adverse Effect”
means any or all of the following:  (i) any material adverse
effect on the business, operations, property, assets, liabilities or financial
condition of the Credit Parties and their Subsidiaries, taken as a whole;
(ii) any material adverse effect on the ability of Holdings, the Borrower
or any other Credit Party to perform any of its material obligations under any
of the Loan Documents to which it is a party; or (iii) any material adverse
effect on the validity, effectiveness or enforceability, as against any Credit
Party, of any of the Loan Documents to which it is a party.

     

    “Material Indebtedness” means,
as to any Credit Party or any of its Subsidiaries, (i) any particular
Indebtedness of the Borrower or such Subsidiary (including any Guaranty
Obligations) in excess of the aggregate principal amount of $5,000,000 and
(ii) any particular Indebtedness under any Designated Hedge Agreement or
Banking Services Agreement.

     

    “Material Indebtedness
Agreement” means any agreement governing or evidencing any Material
Indebtedness.

     

    “Maximum Foreign Currency Exposure
Amount” means the Dollar Equivalent of $5,000,000 as such amount may be
reduced pursuant to Section 2.11(c).

     

    “Maximum Rate” has the meaning
provided in Section 11.22.

     

    “Minimum Borrowing Amount”
means (i) with respect to any Base Rate Loan, $1,000,000, with minimum
increments thereafter of $500,000 (or the Dollar Equivalent thereof in any
Designated Foreign Currency), (ii) with respect to any Eurodollar Loan or
Foreign Currency Loan, $3,000,000 (or the Dollar Equivalent thereof in any
Designated Foreign Currency), with minimum increments thereafter of $1,000,000
(or the Dollar Equivalent thereof in any Designated Foreign Currency), and
(iii) with respect to Swing Loans, $500,000, with minimum increments
thereafter of $500,000.

     

    “Moody’s” means Moody’s
Investors Service, Inc. and its successors.

     

    “Mortgage” shall mean each
mortgage, deed of trust, or other agreement which conveys or evidences a lien in
favor of the Administrative Agent on Real Property of a Credit
Party.

     

    “Mortgage Policy” has the
meaning provided in Section 4.1(xxiv)(B).

     

    “Multiemployer Plan” means a
multiemployer plan, as defined in Section 4001(a)(3) of ERISA to which any
Credit Party or any Subsidiary of any Credit Party or any ERISA Affiliate is
making or accruing an obligation to make contributions or has within any of the
preceding five plan years made or accrued an obligation to make
contributions.

     

    “Multiple Employer Plan” means
an employee benefit plan, other than a Multiemployer Plan or a Single Employer
Plan, to which any Credit Party or any Subsidiary of any Credit Party or any
ERISA Affiliate, and one or more employers other than such Credit Party or a
Subsidiary of such Credit Party or an ERISA Affiliate, is making or accruing an
obligation to make contributions or, in the event that any such plan has been
terminated, to which such Credit Party or a Subsidiary of such Credit Party or
an ERISA Affiliate made or accrued an obligation to make contributions during
any of the five plan years preceding the date of termination of such
plan.

     

    
      
         

      

      
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    “Net Cash Proceeds” means,
(i) with respect to any Asset Sale, the Cash Proceeds resulting therefrom
net of (a) reasonable and customary expenses of sale incurred in connection with
such Asset Sale, and other reasonable and customary fees and expenses incurred,
and all state, and local taxes paid or reasonably estimated to be payable by
such person as a consequence of such Asset Sale and the payment of principal,
premium and interest of Indebtedness (other than the Obligations) secured by the
asset which is the subject of the Asset Sale and required to be, and which is,
repaid under the terms thereof as a result of such Asset Sale, and (b)
incremental federal, state and local income taxes paid or payable as a result
thereof and (ii) with respect to any Event of Loss, the Cash Proceeds
resulting therefrom net of (a) reasonable and customary expenses incurred in
connection with such Event of Loss, and other reasonable and customary fees and
expenses incurred, and all state, and local taxes paid or reasonably estimated
to be payable by such Person, as a consequence of such Event of Loss and the
payment of principal, premium and interest of Indebtedness (other than the
Obligations) secured by the asset that is the subject of the Event of Loss and
required to be, and that is, repaid under the terms thereof as a result of such
Event of Loss, (b) amounts of any distributions payable to holders of minority
interests in the relevant Person or in the relevant property or assets and (c)
incremental income taxes paid or payable as a result thereof.

     

    “1934 Act” means the
Securities Exchange Act of 1934, as amended.

     

    “Non-Increasing Lender” has
the meaning provided in Section 2.2(b).

     

    “Non-Material Subsidiary”
means any Subsidiary with total assets of less than $10,000,000.

     

    “Note” means a Revolving
Facility Note or a Swing Line Note, as applicable.

     

    “Notice of Borrowing” has the
meaning provided in Section 2.5(b).

     

    “Notice of Continuation or
Conversion” has the meaning provided in Section 2.9(b).

     

    “Notice of Swing Loan
Refunding” has the meaning provided in Section 2.3(b).

     

    “Notice Office” means, (i) if to the Administrative
Agent, (A) in the case of Borrowings denominated in Dollars, to JPMorgan Chase
Bank, N.A., 10 South Dearborn, 7th Floor, Chicago, Illinois 60603,
Attention of Teresita Siao (Telecopy No. (312) 385-7096) and (B) in the case of
Borrowings denominated in Designated Foreign Currencies, to J.P. Morgan Europe
Limited, 125 London Wall, London EC2Y 5AJ, Attention of The Manager : Loan
Agency (Telecopy No. 44 207 777 2360), and in each case with a copy to JPMorgan
Chase Bank, N.A., 2 Corporate Drive, Shelton, Connecticut 06484, Attention of
Scott Farquhar (Telecopy No. (203) 944-8495); (ii) if to JPMCB as an LC Issuer,
to it at JPMorgan Chase Bank, N.A., 10 South Dearborn, 7th Floor, Chicago, Illinois 60603,
Attention of Jetuan Patterson (Telecopy No. (312) 385-7096),or in the case of
any other LC Issuer, to it at the address and telecopy number specified from
time to time by such LC Issuer to the Borrower and the Administrative Agent; and
(iii) if to the Swing Line Lender, to it at JPMorgan Chase Bank, N.A., 10 South
Dearborn, 7th Floor, Chicago, Illinois 60603,
Attention of Teresita Siao (Telecopy No. (312) 385-7096), in each case, or at or
such other office as the Administrative Agent, the relevant LC Issuer or the
Swing Line Lender may designate in writing to the Borrower from time to
time.

     

    
      
         

      

      
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    “Obligations” means (i) all
amounts, indemnities and reimbursement obligations, direct or indirect,
contingent or absolute, of every type or description, and at any time existing,
owing by the Borrower or any other Credit Party to the Administrative Agent, any
Lender, the Swing Line Lender or any LC Issuer pursuant to the terms of this
Agreement or any other Loan Document (including, but not limited to, interest
and fees that accrue after the commencement by or against any Credit Party of
any insolvency proceeding, regardless of whether allowed or allowable in such
proceeding or subject to an automatic stay under Section 362(a) of the
Bankruptcy Code) and (ii) all
Designated Hedge Obligations and Banking Services Obligations owing to one or
more Lenders or their respective Affiliates.

     

    “Operating Lease” as applied
to any Person means any lease of any property (whether real, personal or mixed)
by that Person as lessee that, in conformity with GAAP, is not accounted for as
a Capital Lease on the balance sheet of that Person.

     

    “Original Due Date” has the
meaning provided in Section 11.23.

     

    “Organizational Documents”
means, with respect to any Person (other than an individual), such Person’s
Certificate of Incorporation, or equivalent formation documents, and Bylaws, or
equivalent governing documents, and, in the case of any partnership, includes
any partnership agreement, and, in the case of any limited liability company,
any limited liability company agreement,  and in each case, any
amendments to any of the foregoing.

     

    “Patent Security Agreement”
shall mean each Patent Security Agreement, executed by a Credit Party, in favor
of the Administrative Agent, in each case, in form and substance reasonably
satisfactory to the Administrative Agent.

     

    “Parent Equity-Linked
Security” means, with regard to Holdings, a convertible note or
debenture, preferred stock or other similarly equity linked
security.

     

    “Parent Equity-Linked Security
Documents” means, collectively, (i) the Parent Equity-Linked
Securities and (ii) each other document, indenture, guarantee or instrument
executed or delivered in connection with the Parent Equity-Linked
Securities.

     

    “Payment Office” means (i)
with respect to payments in Dollars, the office of the Administrative Agent at
10 South Dearborn Street, 7th Floor,
Chicago, Illinois 60603 or (ii) with respect to payments in any Designated
Foreign Currency, J.P. Morgan Europe Limited, 125 London Wall, London EC2Y 5AJ,
or such other office(s) as the Administrative Agent may designate to the
Borrower in writing from time to time.

     

    “PBGC” means the Pension
Benefit Guaranty Corporation established pursuant to Section 4002 of ERISA,
or any successor thereto.

     

    “Perfection Certificate” means
a certificate substantially in form of Exhibit I hereto.

     

    “Permitted Acquisition” means
any Acquisition as to which all of the following conditions are
satisfied:

     

    (i)           such
Acquisition involves a line or lines of business that is or are reasonably
related, ancillary or complementary to the lines of business or a reasonable
expansion thereof in which the Borrower and its Subsidiaries, considered as an
entirety, are engaged on the Closing Date;

     

    
      
         

      

      
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    (ii)          such
Acquisition is not actively opposed by the Board of Directors (or similar
governing body) of the selling Person or the Person whose equity interests are
to be acquired;

     

    (iii)         at
the time of the consummation of such Acquisition and immediately after giving
effect (on a pro forma
basis (as determined in accordance with subpart (vi) below)) thereto, the
Total Leverage Ratio of Holdings is equal to or less than 2.75 to
1.00;

     

    (iv)         no
Default or Event of Default shall exist prior to or immediately after giving
effect to such Acquisition;

     

    (v)          the
Borrower would, after giving effect to such Acquisition, on a pro forma basis (as
determined in accordance with subpart (vi) below), be in compliance with
the financial covenant contained in Section 7.8(b); and

     

    (vi)         at
least 10 Business Days prior to the consummation of any such Acquisition, the
Borrower shall have delivered to the Administrative Agent and the Lenders (A)
historical financial statements relating to the business or Person to be
acquired (unless, in the case where the target of such Acquisition is not a
stand-alone company but is instead a business line, operating division or other
non-separate business unit and such historical financial statements are not
already in existence, in which case, the Borrower will provide pro forma
financial statements for such target reasonably satisfactory to the
Administrative Agent setting forth such historical financial information) and
such other information as the Administrative Agent may reasonably and timely
request, and (B) a certificate of an Authorized Officer  of the
Borrower demonstrating, in reasonable detail, the computation of the financial
covenants referred to in Section 7.8 on a pro forma basis, such pro forma ratios being
determined as if (y) such Acquisition had been completed at the beginning of the
most recent Testing Period for which financial information for the Borrower and
the business or Person to be acquired, is available, and (z) any such
Indebtedness, or other Indebtedness incurred to finance such Acquisition, had
been outstanding for such entire Testing Period.

     

     “Permitted Creditor
Investment” means any securities (whether debt or equity) received by the
Borrower or any of its Subsidiaries in connection with the bankruptcy or
reorganization of any customer or supplier of the Borrower or any such
Subsidiary and in settlement of delinquent obligations of, and other disputes
with, customers and suppliers arising in the ordinary course of
business.

     

    “Permitted Equity-Linked Hedge”
means any Designated Hedge Agreement that is settled (after payment of any
premium or any prepayment thereunder) through the delivery of cash and/or of
Equity Interests of the Borrower and is entered into in connection with any
Parent Equity-Linked Securities, the purpose of which is to provide for an
effectively higher conversion premium (including, but not limited to, any bond
hedge transaction, warrant transaction, or capped call
transaction).

     

     “Permitted Foreign Subsidiary
Basket Amount” means, at any time, an amount equal to
(i) $50,000,000, minus (ii) the amount of
Indebtedness of Foreign Subsidiaries guaranteed by the Credit Parties pursuant
to subpart (ii) of the definition of Permitted Foreign Subsidiary Loans and
Investments at such time, minus (iii) the
aggregate outstanding principal amount at such time of all loans made by the
Credit Parties to Foreign Subsidiaries on or after the Closing Date, minus (iv) the aggregate
amount of equity contributions made by the Credit Parties in Foreign
Subsidiaries on or after the Closing Date, plus (v) the aggregate
amount of all Capital Distributions made by Foreign Subsidiaries to the Credit
Parties on or after the Closing Date, but only up to an aggregate amount not in
excess of the aggregate amount of loans and equity contributions made by the
Credit Parties in Foreign Subsidiaries pursuant to the foregoing subclauses
(iii) and (iv) of this definition.

     

    
      
         

      

      
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    “Permitted Foreign Subsidiary Loans
and Investments” means (i) loans and Investments by a Credit Party
to or in a Foreign Subsidiary made on or after the Closing Date, so long as the
aggregate amount of all such other loans and investments by all Credit Parties
does not, at any time, exceed the Permitted Foreign Subsidiary Basket Amount at
such time; and (ii) Indebtedness of a Foreign Subsidiary incurred on or
after the Closing Date and owing to any Person (other than the Borrower or any
of its Subsidiaries), and any guaranty of such Indebtedness by a Credit Party,
so long as the aggregate principal amount of all such Indebtedness does not at
any time exceed $25,000,000.

     

    “Permitted Lien” means any
Lien permitted by Section 7.3.

     

    “Person” means any individual,
partnership, joint venture, firm, corporation, limited liability company,
association, trust or other enterprise or any government or political
subdivision or any agency, department or instrumentality thereof.

     

    “Plan” means any Multiemployer
Plan, Multiple Employer Plan or Single-Employer Plan.

     

    “Primary Indebtedness” has the
meaning provided in the definition of “Guaranty Obligations.”

     

    “Primary Obligor” has the
meaning provided in the definition of “Guaranty Obligations.”

     

    “Prime Rate” means the rate of
interest per annum publicly announced from time to time by JPMorgan Chase Bank,
N.A. as its prime rate in effect at its principal office in New York City; each
change in the Prime Rate shall be effective from and including the date such
change is publicly announced as being effective.

     

    “Prohibited Transaction” means
a transaction with respect to a Plan that is prohibited under Section 4975
of the Code or Section 406 of ERISA and not exempt under Section 4975
of the Code or Section 408 of ERISA.

     

    “Purchase Date” has the
meaning provided in Section 2.3(c).

     

    “Quoted Rate” means, with
respect to any Swing Loan, the interest rate quoted to the Borrower by the Swing
Line Lender and agreed to by the Borrower as being the interest rate applicable
to such Swing Loan.

     

    “Real Property” of any Person
shall mean all of the right, title and interest of such Person in and to land,
improvements and fixtures, including Leaseholds.

     

    “Redeemable Stock” shall mean
with respect to any Person any capital stock of such Person
that:  (i) is by its terms subject to mandatory redemption, in
whole or in part, pursuant to a sinking fund, scheduled redemption or similar
provisions, at any time prior to the Revolving Facility Termination Date; or
(ii) otherwise is required to be repurchased or retired on a scheduled date
or dates, upon the occurrence of any event or circumstance, or at the option of
the holder or holders thereof, or otherwise, at any time prior to the Revolving
Facility Termination Date, other than any such repurchase or retirement
occasioned by a “change of control” or similar event.

     

    
      
         

      

      
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    “Regulation D” means
Regulation D of the Board of Governors of the Federal Reserve System as from
time to time in effect and any successor to all or a portion thereof
establishing reserve requirements.

     

    “Regulation U” means
Regulation U of the Board of Governors of the Federal Reserve System as from
time to time in effect and any successor to all or a portion thereof
establishing margin requirements.

     

    “Related Parties” means, with
respect to any Person, such Person’s Affiliates and the directors, officers,
employees, agents, trustees and advisors of such Person and of such Person’s
Affiliates.

     

    “Reportable Event” means an
event described in Section 4043 of ERISA or the regulations thereunder with
respect to a Plan, other than those events as to which the notice requirement is
waived under subsection .21, .22, .23, .25, .27, .28, .29, .30, .31, .32, .34,
..35, .62, .63, .64, .65 or .67 of PBGC Regulation
Section 4043.

     

    “Required Lenders” means
Lenders (subject to Section 2.14(b)) whose Credit Facility Exposure (other than
Swing Loans) and Unused Total Revolving Commitments constitute greater than 50%
of the sum of the Aggregate Credit Facility Exposure (other than Swing Loans)
and the Unused Total Revolving Commitment.

     

    “Required Revolving Lenders”
means Revolving Lenders (subject to Section 2.14(b)) whose Revolving Facility
Exposure and Unused Total Revolving Commitments constitute greater than 50% of
the sum of the Aggregate Revolving Facility Exposure and the Unused Total
Revolving Commitment.

     

    “Restricted Payment” means
(i) any Capital Distribution made by any Credit Party or any Subsidiary
thereof; (ii) any amount paid by any Credit Party or any of its
Subsidiaries in repayment, redemption, retirement, repurchase, direct or
indirect, of any Subordinated Indebtedness; or (iii) with respect to the
Parent Equity-Linked Securities, any amount paid by any Credit Party or any of
its Subsidiaries in repayment (other than a repayment through conversion into
common shares of the Borrower in accordance with the terms thereof and payment
of cash for fractional shares in connection with any such conversion),
redemption or repurchase (other than by the issuance of common stock of the
Borrower), retirement, direct or indirect, of any Indebtedness incurred pursuant
to the Parent Equity-Linked Security Documents or the exercise of any right of
legal defeasance, covenant defeasance or similar right with respect thereto.
Notwithstanding the foregoing,
and for the avoidance of doubt, (i) the conversion of, or payment for, or paying
any interest with respect to, any Parent Equity-Linked Securities shall not
constitute a Restricted Payment and (ii) any payment with respect to, or early
unwind or settlement of, any Permitted Equity-Linked Hedge shall not constitute
a Restricted Payment.

     

    “Revolving Borrowing” means
the incurrence of Revolving Loans consisting of one Type of Revolving Loan by
the Borrower from the Revolving Lenders on a pro rata basis on a given
date (or resulting from Conversions or Continuations on a given date) in the
same currency, having in the case of any Fixed Rate Loans the same Interest
Period.

     

    
      
         

      

      
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    “Revolving Commitment” means,
with respect to each Lender, the amount set forth opposite such Lender’s name in
Schedule 1 hereto as its “Revolving Commitment” or in the case of any Lender
that becomes a party hereto pursuant to an Assignment Agreement, the amount, if
any, set forth in such Assignment Agreement, as such commitment may be reduced
from time to time pursuant to Section 2.11(b) or increased from time to
time pursuant to Section 2.2(b) or adjusted from time to time as a result
of assignments to or from such Lender pursuant to
Section 11.6.

     

    “Revolving Facility” means the
credit facility established under Section 2.2 pursuant to the Revolving
Commitment of each Revolving Lender.

     

    “Revolving Facility Availability
Period” means the period from the Closing Date until the Revolving
Facility Termination Date.

     

    “Revolving Facility Exposure”
means, for any Revolving Lender at any time, the sum of (i) the principal
amount of Revolving Loans made by such Revolving Lender and outstanding at such
time, and (ii) such Revolving Lender’s share of the LC Outstandings at such
time.

     

    “Revolving Facility Note”
means a promissory note substantially in the form of Exhibit A-1
hereto.

     

    “Revolving Facility
Percentage” means, at any time for any Revolving Lender, the percentage
obtained by dividing such Revolving Lender’s Revolving Commitment by the Total
Revolving Commitment (disregarding any Defaulting Lender’s Revolving
Commitment), provided,
however, that if the Total Revolving Commitment has been terminated, the
Revolving Facility Percentage for each Revolving Lender shall be determined by
dividing such Revolving Lender’s Revolving Commitment immediately prior to such
termination by the Total Revolving Commitment immediately prior to such
termination, after giving effect to subsequent assignments and to any Revolving
Lender’s status as a Defaulting Lender at the time of
determination.  The Revolving Facility Percentage of each Revolving
Lender as of the Closing Date is set forth on Schedule 1 hereto.

     

    “Revolving Facility Termination
Date” means the earlier of (i) November 30, 2015, or (ii) the
date that the Revolving Commitments have been terminated pursuant to
Section 8.2.

     

    “Revolving Lender” means any
Lender that has a Revolving Commitment.

     

    “Revolving Loan” means, with
respect to each Revolving Lender, any loan made by such Revolving Lender
pursuant to Section 2.2.

     

    “Sale and Lease-Back
Transaction” means any arrangement with any Person providing for the
leasing by the Borrower or any Subsidiary of the Borrower of any property
(except for temporary leases for a term, including any renewal thereof, of not
more than one year and except for leases between the Borrower and a Subsidiary
or between Subsidiaries), which property has been or is to be sold or
transferred by the Borrower or such Subsidiary to such Person.

     

    “S&P” means Standard &
Poor’s Ratings Group, a division of McGraw Hill, Inc., and its
successors.

     

    “SEC” means the United States
Securities and Exchange Commission.

     

    
      
         

      

      
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    “SEC Regulation D” means
Regulation D as promulgated under the Securities Act of 1933.  as
amended, as the same may be in effect from time to time.

     

    “Security Agreement” means the
Security Agreement, dated as of November 30, 2010, among the Credit Parties and
the Administrative Agent, as the same has been amended, restated, supplemented
or otherwise modified from time to time.

     

    “Security Documents” means the
Security Agreement, each Collateral Access Agreement, each Additional Security
Document, each Mortgage, any UCC financing statement, any Control Agreement, any
IP Security Agreement, any Perfection Certificate and any agreement pursuant to
which any Lien is granted or perfected by any Credit Party to the Administrative
Agent as security for any of the Obligations.

     

    “Single Employer Plan” means a
single employer plan, as defined in Section 400l(a)(15) of ERISA, to which
any Credit Party, any Subsidiary of such Credit Party or any ERISA Affiliate is
making or accruing an obligation to make contributions or, in the event that any
such plan has been terminated, to which such Credit Party, any Subsidiary of
such Credit Party or any ERISA Affiliate made or accrued an obligation to make
contributions during any of the five plan years preceding the date of
termination of such plan.

     

    “Standard Permitted Lien”
means any of the following:  (i) Liens for taxes not yet
delinquent or Liens for taxes, assessments or governmental charges provided that
Section 6.4 is not violated by the existence of such Lien; (ii) Liens
in respect of property or assets imposed by law that were incurred in the
ordinary course of business, such as carriers’, suppliers’, warehousemens’,
workers’, materialmens’, landlords’ and mechanics’ Liens and other similar Liens
arising in the ordinary course of business, if (A) such Lien is being contested
in good faith by proper proceedings,  (B) such proceedings have the
effect of suspending the forfeiture or sale of the property or asset and
suspending such property or asset from being subject to any related Lien that
could reasonably be expected to be superior in priority to the Liens of the
Administrative Agent, and (C) such Credit Party or such Subsidiary has
maintained adequate reserves with respect thereto in accordance with GAAP;
(iii) Liens created by this Agreement or the other Loan Documents;
(iv) Liens (other than any Lien imposed by ERISA) incurred or deposits made
in the ordinary course of business in connection with workers compensation,
unemployment insurance and other types of social security and other Liens to
secure the performance of tenders, statutory obligations, contract bids,
government contracts, surety, appeal, customs, performance and return-of-money
bonds and other similar obligations, incurred in the ordinary course of business
(exclusive of obligations in respect of the payment for borrowed money), whether
pursuant to statutory requirements, common law or consensual arrangements;
(v) leases or subleases granted in the ordinary course of business to
others not interfering in any material respect with the business of any Credit
Party or any of its Subsidiaries and any interest or title of a lessor under any
lease not in violation of this Agreement; (vi) easements, covenants,
conditions, rights-of-way, zoning, building codes or other restrictions,
charges, encumbrances, defects in title, prior rights of other persons, and
similar matters affecting title, in each case that do not secure Indebtedness,
and (A) with respect to any Real Property subject to a Mortgage, do not, and are
not likely to at any future time, either individually or in the aggregate, have
any effect which is materially adverse on the ownership or use of any such Real
Property in question, as such property is used in the ordinary course of
business by any Credit Party or its Subsidiaries and (B) with respect to all
other Real Properties of the Credit Parties, do not involve, and are not likely
to involve at any future time, either individually or in the aggregate, (1) a
substantial and prolonged interruption or disruption of the business activities
of Holdings and its Subsidiaries considered as an entirety, or (2) a Material
Adverse Effect; (vii) in the addition to the Liens permitted in clause
(ii) above, any interest or title of a lessor or sublessor under any lease
or sublease; (viii) and Liens that have been placed by a lessor, sublessor
or other third party on property over which a Credit Party or any Subsidiary
thereof has easement rights or on any Real Property leased by a Credit Party or
any Subsidiary thereof and subordination or similar agreements relating thereto
that do not materially impair the value of the interests of such Credit Party or
such Subsidiary, as the case may be, in such property; (ix) Liens arising from
judgments, decrees or attachments in circumstances not constituting an Event of
Default under Section 8.1(g); (x) Liens on insurance policies and the
proceeds therefrom securing the financing of premiums with respect thereto; and
(xi) rights of consignors of goods, whether or not perfected by the filing
of a financing statement under the UCC.

     

    
      
         

      

      
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    “Standby Letter of Credit”
means any standby letter of credit issued for the purpose of supporting workers
compensation, liability insurance, industrial revenue bond obligations, releases
of contract retention obligations, contract performance guarantee requirements
and other bonding obligations or for other lawful purposes.

     

    “Stated Amount” of each Letter
of Credit shall mean the maximum amount available to be drawn thereunder
(regardless of whether any conditions or other requirements for drawing could
then be met).

     

    “Subordinated Indebtedness”
means any Indebtedness that has been subordinated to the prior payment in full
of all of the Obligations pursuant to a written agreement or written terms
reasonably acceptable to the Administrative Agent.

     

    “Subsidiary” of any Person
shall mean and include (i) any corporation more than 50% of whose stock of
any class or classes having by the terms thereof ordinary Voting Power to elect
a majority of the directors of such corporation (irrespective of whether or not
at the time stock of any class or classes of such corporation shall have or
might have Voting Power by reason of the happening of any contingency) is at the
time owned by such Person directly or indirectly through Subsidiaries, and
(ii) any partnership, limited liability company, association, joint venture
or other entity in which such Person directly or indirectly through
Subsidiaries, owns more than 50% of the Equity Interests of such Person at the
time or in which the Borrower, one or more other Subsidiaries of the Borrower or
the Borrower and one or more Subsidiaries of the Borrower, directly or
indirectly, has the power to direct the policies, management and affairs
thereof.  Unless otherwise expressly provided, all references herein
to “Subsidiary” shall mean a Subsidiary of the Borrower.

     

    “Subsidiary Guarantor” means
any Domestic Subsidiary that is or hereafter becomes a party to the Subsidiary
Guaranty.  Schedule 2 hereto lists each Subsidiary Guarantor as of the
Closing Date.

     

    “Subsidiary Guaranty” means
the Subsidiary Guaranty, dated as of November 30, 2010, among the Subsidiary
Guarantors party thereto and the Administrative Agent.

     

    “Swing Line Commitment” means
$10,000,000.

     

    “Swing Line Facility” means
the credit facility established under Section 2.3 pursuant to the Swing
Line Commitment of the Swing Line Lender.

     

    
      
         

      

      
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    “Swing Line Lender” means
JPMCB or any of its Affiliates, or such other Lender that is requested by the
Borrower and agrees to be the Swing Line Lender hereunder and is approved by the
Administrative Agent.

     

    “Swing Line Note” means a
promissory note substantially in the form of Exhibit A-2 hereto.

     

    “Swing Loan” means any loan
made by the Swing Line Lender under the Swing Line Facility pursuant to
Section 2.3.

     

    “Swing Loan Maturity Date”
means, with respect to any Swing Loan, the earlier of (i) the last day of
the period for such Swing Loan as established by the Swing Line Lender and
agreed to by the Borrower, which shall be less than 15 days, and (ii) the
Revolving Facility Termination Date.

     

    “Swing Loan Participation” has
the meaning provided in Section 2.3(c).

     

    “Swing Loan Participation
Amount” has the meaning provided in Section 2.3(c).

     

     “Synthetic Lease” means any
lease (i) that is accounted for by the lessee as an Operating Lease, and
(ii) under which the lessee is intended to be the “owner” of the leased
property for federal income tax purposes.

     

    “TARGET” means Trans-European
Automated Real-time Gross Settlement Express Transfer payment
system.

     

    “Taxes” has the meaning
provided in Section 3.3(a).

     

    “Testing Period” means a
single period consisting of the four consecutive fiscal quarters of Holdings
then last ended (whether or not such quarters are all within the same fiscal
year), except that if a particular provision of this Agreement indicates that a
Testing Period shall be of a different specified duration, such Testing Period
shall consist of the particular fiscal quarter or quarters then last ended that
are so indicated in such provision.

     

    “Title Company” has the
meaning provided in Section 4.1(xxiv)(B).

     

    “Total Leverage Ratio” means,
for any Testing Period, with respect to any Person, the ratio of
(i) Consolidated Funded Indebtedness of such Person to
(ii) Consolidated EBITDA of such Person.

     

    “Total Revolving Commitment”
means the sum of the Revolving Commitments, as the same may be decreased
pursuant to Section 2.11 or increased from time to time pursuant to
Section 2.2(b).  As of the Closing Date, the amount of the Total
Revolving Commitment is $150,000,000.

     

    “Trademark Security Agreement”
shall mean each Trademark Security Agreement, executed by a Credit Party, in
favor of the Administrative Agent, in each case, in form and substance
reasonably satisfactory to the Administrative Agent.

     

    “Type” means any type of Loan
determined with respect to the interest option and currency denomination
applicable thereto, which in each case shall be a Base Rate Loan or a Eurodollar
Loan.

     

    
      
         

      

      
        29

        
          

        

      

      
         

      

    

     

    “UCC” means the Uniform
Commercial Code as in effect from time to time.  Unless otherwise
specified, the UCC shall refer to the UCC as in effect in the State of New
York.

     

    “Unfunded Benefit Liabilities”
of any Plan means the amount, if any, by which the current liability (as defined
in Section 412(1)(7) of the Code) under the Plan as of the end of the
Plan’s most recent fiscal year exceeds the fair market value of the Plan’s
assets as of the end of such fiscal year, as reported in the actuarial report
for such year.

     

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

     

    “Unpaid Drawing” means, with
respect to any Letter of Credit, the aggregate Dollar amount of the draws made
on such Letter of Credit that have not been reimbursed by the Borrower or the
applicable LC Obligor or converted to a Revolving Loan pursuant to
Section 2.4(f)(i), and, in each case, all interest that accrues thereon
pursuant to this Agreement.

     

    “Unrestricted Cash” means, at
any time of determination, the sum of (i) the aggregate amount of all cash
deposits of the Credit Parties maintained in any demand deposit account
maintained in the United States (and up to the Dollar Equivalent of (A) if the
aggregate principal amount of Indebtedness of Foreign Subsidiaries is less than
or equal to $5,000,000, $5,000,000 of cash deposits of Foreign Subsidiaries
maintained in any demand deposit account outside of the United States, or (B) if
the aggregate principal amount of Indebtedness of Foreign Subsidiaries exceeds
$5,000,000, the amount (not to exceed $15,000,000) of cash deposits of Foreign
Subsidiaries maintained in any demand deposit account outside of the United
States that correspond to the amount of such Indebtedness in excess of
$5,000,000), and (ii) the aggregate monetary value of all money market
funds of the Credit Parties maintained in any account of a securities
intermediary in the United States, to the extent such cash deposits and money
market funds are free of any Lien or other encumbrance (other than (x) customary
Liens arising in the ordinary course of business which the depository
institution may have with respect to any right of offset against funds in such
account, (y) customary holds for uncollected deposits, and (z) Liens granted to
the Administrative Agent and securing the Obligations).

     

    “Unused Total Revolving
Commitment” means, at any time, the excess of (i) the Total
Revolving Commitment at such time over (ii) the Aggregate Revolving
Facility Exposure at such time.

     

    “USA Patriot Act” means the
Uniting and Strengthening America by Providing Appropriate Tools Required to
Intercept and Obstruct Terrorism (USA PATRIOT Act) Act of 2001.

     

    “Voting Power” means, with
respect to any Person, the exclusive ability to control, through the ownership
of shares of capital stock, partnership interests, membership interests or
otherwise, the election of members of the board of directors or other similar
governing body of such Person, and the holding of a designated percentage of
Voting Power of a Person means the ownership of shares of capital stock,
partnership interests, membership interests or other interests of such Person
sufficient to control exclusively the election of that percentage of the members
of the board of directors or similar governing body of such Person.

     

    
      
         

      

      
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              1.2

            	
              Computation of Time
      Periods.

            

    

     

    In this
Agreement in the computation of periods of time from a specified date to a later
specified date, the word “from” means “from and including,” the words “to” and
“until” each means “to but excluding” and the word “through” means “through and
including.”

     

    
      	
               
      

            	
              1.3

            	
              Accounting
      Terms.

            

    

     

    Except as
otherwise specifically provided herein, all terms of an accounting or financial
nature shall be construed in accordance with GAAP, as in effect from time to
time; provided
that, if the Borrower notifies the Administrative Agent that the Borrower
requests an amendment to any provision hereof to eliminate the effect of any
change occurring after the date hereof in GAAP or in the application thereof on
the operation of such provision (or if the Administrative Agent notifies the
Borrower that the Required Lenders request an amendment to any provision hereof
for such purpose), regardless of whether any such notice is given before or
after such change in GAAP or in the application thereof, then such provision
shall be interpreted on the basis of GAAP as in effect and applied immediately
before such change shall have become effective until such notice shall have been
withdrawn or such provision  amended in accordance herewith.
Notwithstanding any other provision contained herein, all terms of an accounting
or financial nature used herein shall be construed, and all computations of
amounts and ratios referred to herein shall be made, without giving effect to
any election under Accounting Standards Codification 825-10-25 (previously
referred to as Statement of Financial Accounting Standards 159) (or any other
Accounting Standards Codification or Financial Accounting Standard having a
similar result or effect) to value any Indebtedness or other liabilities of the
Borrower or any Subsidiary at “fair value”, as defined therein

     

    
      	
               
      

            	
              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.”  Unless the context requires otherwise, (a) 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 from
time to time amended, restated, supplemented or otherwise modified (subject to
any restrictions on such amendments, supplements or modifications set forth
herein), (b) any reference herein to any Person shall be construed to include
such Person’s successors and assigns, (c) the words “herein,” “hereof” and
“hereunder,” and words of similar import, shall be construed to refer to this
Agreement in its entirety and not to any particular provision hereof, (d) all
references herein to Sections, Schedules and Exhibits shall be construed to
refer to Sections of, and Schedules and Exhibits to, this Agreement, (e)
the words “asset” and “property” shall be construed to have the same meaning and
effect and to refer to any and all Real Property, tangible and intangible assets
and properties, including cash, securities.  accounts and contract
rights, and interests in any of the foregoing, and (f) any reference to a
statute, rule or regulation is to that statute, rule or regulation as now
enacted or as the same may from time to time be amended, re-enacted or expressly
replaced.

     

    
      
         

      

      
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              1.5

            	
              Currency
      Equivalents.

            

    

     

    Except as
otherwise specified herein, all references herein or in any other Loan Document
to a dollar amount shall mean such amount in Dollars or, if the context so
requires, the Dollar Equivalent of such amount in any Designated Foreign
Currency.  The Dollar Equivalent of any amount shall be determined in
accordance with the definition of “Dollar Equivalent”; provided, however, that (a)
notwithstanding the foregoing or anything elsewhere in this Agreement to the
contrary, in calculating the Dollar Equivalent of any amount for purposes of
determining (i) the Borrower’s obligation to prepay Loans or cash
collateralize Letters of Credit pursuant to Section 2.13(c), or
(ii) the Borrower’s ability to request additional Loans or Letters of
Credit pursuant to the Revolving Commitments, the Administrative Agent shall
calculate the Dollar Equivalent of each such amount on the date of each Credit
Event hereunder and on the date of any payment or prepayment of any Loans or
Unpaid Drawings and, in addition, the Administrative Agent may, in the case of
either of the foregoing, in its discretion, calculate the Dollar Equivalent of
any such amount on any other proximate Business Day selected by the
Administrative Agent, and (b) in determining whether or not Holdings and its
Subsidiaries have exceeded any basket limitation set forth in Sections 7.2,
7.4, or 7.5, Holdings and its Subsidiaries shall not be deemed to have exceeded
any such basket limitation to the extent that, and only to the extent that, any
such basket limitation was exceeded solely as a result of fluctuations in the
exchange rate applicable to any Designated Foreign Currency.

     

    Section
2              THE TERMS OF THE
CREDIT
FACILITY

     

    
      	
               
      

            	
              2.1

            	
              Establishment of the
      Credit Facility.

            

    

     

    On the
Closing Date, and subject to and upon the terms and conditions set forth in this
Agreement and the other Loan Documents, the Administrative Agent, the Lenders,
the Swing Line Lender and each LC Issuer agree to establish the Credit Facility
for the benefit of the Borrower, provided, however, that at no
time will (i) the Aggregate Credit Facility Exposure exceed the Total
Revolving Commitment, or (ii) the Credit Facility Exposure of any Lender
exceed the aggregate amount of such Lender’s Revolving Commitment.

     

    
      	
               
      

            	
              2.2

            	
              Revolving
      Facility.

            

    

     

    (a)          Generally.

     

    During
the Revolving Facility Availability Period, each Revolving Lender severally
agrees, on the terms and conditions set forth in this Agreement, to make a
Revolving Loan or Revolving Loans to the Borrower from time to time pursuant to
such Revolving Lender’s Revolving Commitment, which Revolving Loans
(i) may, except as set forth herein, at the option of the Borrower, be
incurred and maintained as, or Converted into, Revolving Loans that are Base
Rate Loans or Eurodollar Loans or Foreign Currency Loans, in each case
denominated in Dollars or a Designated Foreign Currency, provided that all Revolving
Loans made as part of the same Revolving Borrowing shall consist of Revolving
Loans of the same Type; (ii) may be repaid or prepaid and re-borrowed in
accordance with the provisions hereof; and (iii) shall not be made if,
after giving effect to any such Revolving Loan, (A) the Revolving Facility
Exposure of any Revolving Lender would exceed such Revolving Lender’s Revolving
Commitment, (B) the Aggregate Revolving Facility Exposure plus the principal
amount of Swing Loans would exceed the Total Revolving Commitment, (C) in the
case of Revolving Loans to be made as Foreign Currency Loans, the Foreign
Currency Exposure would exceed the Maximum Foreign Currency Exposure Amount, or
(D) the Borrower would be required to prepay Loans or cash collateralize Letters
of Credit pursuant to Section 2.12(b)(ii) or
Section 2.12(b)(iii).  The Revolving Loans to be made by each
Revolving Lender will be made by such Revolving Lender on a pro rata basis based upon
such Revolving Lender’s Revolving Facility Percentage of each Revolving
Borrowing, in each case in accordance with Section 2.6 hereof.

     

    
      
         

      

      
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    (b)          Increase
in Revolving Commitments.

     

    The
Borrower may, by written notice to the Administrative Agent, request (each such
request, a “Commitment Increase Request”) that the Total Revolving Commitment be
increased by an amount not to exceed $100,000,000 in the aggregate for all such
increases from the Closing Date until the Revolving Facility Termination Date,
provided that no
Default or Event of Default has occurred and is continuing at the time of such
Commitment Increase Request and on the date of any such increase.  The
Administrative Agent shall deliver a copy of such Commitment Increase Request to
each Revolving Lender.  The Borrower shall set forth in such
Commitment Increase Request the amount of the requested increase in the Total
Revolving Commitment (which shall be in a minimum amount of $25,000,000 and in
minimum increments thereafter of $25,000,000) and the date on which such
increase is requested to become effective (which date shall be not less than 15
Business Days nor more than 60 days after the date of such notice and that, in
any event, must be at least 180 days prior to the Revolving Facility Termination
Date).  Each Revolving Lender shall, by notice to the Borrower and the
Administrative Agent given not more than 20 days after the date of delivery by
the Administrative Agent of the Borrower’s Commitment Increase Request, either
agree to participate in such increase (each such Revolving Lender so agreeing
being an “Increasing Lender”) or decline to increase its Revolving Commitment
(and any such Revolving Lender that does not deliver such a notice within such
period of 20 days shall be deemed to have declined to increase its Revolving
Commitment and each Revolving Lender so declining or being deemed to have
declined being a “Non-Increasing Lender”).  In
addition,  the Borrower may arrange for one or more banks or other
entities that are Eligible Assignees, in each case reasonably acceptable to the
Administrative Agent (each such Person so agreeing being an “Augmenting
Lender”), to commit to making Revolving Loans pursuant to a Revolving Commitment
hereunder.  If the Borrower so requests, the Administrative Agent
shall have the option, but not the obligation,  to use its reasonable
efforts to arrange for one or more Augmenting Lenders on the Borrower’s
behalf.  The Borrower and each Augmenting Lender shall execute all
such documentation as the Administrative Agent shall reasonably specify to
evidence such Augmenting Lender’s Revolving Commitment and/or its status as a
Revolving Lender hereunder.  Any increase in the Total Revolving
Commitment may be made in an amount that is less than the increase requested by
the Borrower if the Borrower (or if applicable, the Administrative Agent) is
unable to arrange for, or chooses not to arrange for (or request that the
Administrative Agent arrange for), Augmenting Lenders.

     

    Each of
the parties hereto agrees that the Administrative Agent may take any and all
actions as may be reasonably necessary to ensure that after giving effect to any
Increase in the Total Revolving Commitment pursuant to this Section 2.2(b),
the outstanding Revolving Loans (if any) are held by the Revolving Lenders in
accordance with their new Revolving Facility Percentages.  This may be
accomplished at the reasonable discretion of the Administrative
Agent:  (w) by requiring the outstanding Revolving Loans to be prepaid
with the proceeds of new Revolving Borrowings; (x) by causing the
Non-Increasing Lenders to assign portions of their outstanding Revolving Loans
to Increasing Lenders and Augmenting Lenders; (y) by permitting the Revolving
Borrowings outstanding at the time of any increase in the Total Revolving
Commitment pursuant to this Section 2.2(b) to remain outstanding until the
last days of the respective Interest Periods therefor, even though the Revolving
Lenders would hold such Revolving Borrowings other than in accordance with their
new Revolving Facility Percentages; or (z) by any combination of the
foregoing.  Any prepayment or assignment described in this paragraph
(b) shall be subject to Section 3.2, but otherwise without premium or
penalty.

     

    
      
         

      

      
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              2.3

            	
              Swing Line
      Facility.

            

    

     

    (a)          Swing
Loans.

     

    During
the Revolving Facility Availability Period, the Swing Line Lender agrees, on the
terms and conditions set forth in this Agreement, to make a Swing Loan or Swing
Loans to the Borrower from time to time, which Swing Loans (i) shall be
payable on the Swing Loan Maturity Date applicable to each such Swing Loan;
(ii) shall be made only in Dollars; (iii) may be repaid or prepaid and
reborrowed in accordance with the provisions hereof; (iv) may only be made
if after giving effect thereto (A) the aggregate principal amount of Swing Loans
outstanding does not exceed the Swing Line Commitment, and (B) the Aggregate
Revolving Facility Exposure plus the principal amount of Swing Loans would not
exceed the Total Revolving Commitment; (v) shall not be made if, after
giving effect thereto, the Borrower would be required to prepay Loans or cash
collateralize Letters of Credit pursuant to Section 2.12 hereof; and
(vi) shall not be made if the proceeds thereof would be used to repay, in
whole or in part, any outstanding Swing Loan.

     

    (b)          Swing
Loan Refunding.

     

    The Swing
Line Lender may at any time, in its sole and absolute discretion, direct that
the Swing Loans owing to it be refunded by delivering a notice to such effect to
the Administrative Agent, specifying the aggregate principal amount thereof (a
“Notice of Swing Loan Refunding”).  Promptly upon receipt of a Notice
of Swing Loan Refunding, the Administrative Agent shall give notice of the
contents thereof to the Revolving Lenders and, unless an Event of Default
specified in Section 8.1(h) in respect of the Borrower has occurred, the
Borrower.  Each such Notice of Swing Loan Refunding shall be deemed to
constitute delivery by the Borrower of a Notice of Borrowing requesting
Revolving Loans consisting of Base Rate Loans in the amount of the Swing Loans
to which it relates.  Each Revolving Lender (including the Swing Line
Lender) hereby unconditionally agrees (notwithstanding that any of the
conditions specified in Section 4.2 or elsewhere in this Agreement shall
not have been satisfied, but subject to the provisions of paragraph (d) below)
to make a Revolving Loan to the Borrower in the amount of such Revolving
Lender’s Revolving Facility Percentage of the aggregate amount of the Swing
Loans to which such Notice of Swing Loan Refunding relates.  Each
Revolving Lender shall make the amount of such Revolving Loan available to the
Administrative Agent in immediately available funds at the Payment Office not
later than 2:00 P.M. (local time at the Payment Office), if such notice is
received by such Revolving Lender prior to 11:00 A.M. (local time at its
Applicable Lending Office), or not later than 2:00 P.M. (local time at the
Payment Office) on the next Business Day, if such notice is received by such
Revolving Lender after such time.  The proceeds of such Revolving
Loans shall be made immediately available to the Swing Line Lender and applied
by it to repay the principal amount of the Swing Loans to which such Notice of
Swing Loan Refunding relates.

     

    
      
        
        

      

      
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    (c)          Swing
Loan Participation.

     

    If prior
to the time a Revolving Loan would otherwise have been made as provided above as
a consequence of a Notice of Swing Loan Refunding, any of the events specified
in Section 8.1(h) shall have occurred in respect of the Borrower or one or
more of the Revolving Lenders shall determine that it is legally prohibited from
making a Revolving Loan under such circumstances, each Revolving Lender (other
than the Swing Line Lender), or each Revolving Lender (other than such Swing
Line Lender) so prohibited, as the case may be,  shall, on the date
such Revolving Loan would have been made by it (the “Purchase Date”), purchase
an undivided participating interest (a “Swing Loan Participation”) in the
outstanding Swing Loans to which such Notice of Swing Loan Refunding relates, in
an amount (the “Swing Loan Participation Amount”) equal to such Revolving
Lender’s Revolving Facility Percentage of such outstanding Swing
Loans.  On the Purchase Date, each such Revolving Lender or each such
Revolving Lender so prohibited, as the case may be, shall pay to the Swing Line
Lender, in immediately available funds, such Revolving Lender’s Swing Loan
Participation Amount, and promptly upon receipt thereof the Swing Line Lender
shall, if requested by such other Revolving Lender, deliver to such Revolving
Lender a participation certificate, dated the date of the Swing Line Lender’s
receipt of the funds from, and evidencing such Revolving Lender’s Swing Loan
Participation in such Swing Loans and its Swing Loan Participation Amount in
respect thereof.  If any amount required to be paid by a Revolving
Lender to the Swing Line Lender pursuant to the above provisions in respect of
any Swing Loan Participation is not paid on the date such payment is due, such
Revolving Lender shall pay to the Swing Line Lender on demand interest on the
amount not so paid at the overnight Federal Funds Effective Rate from the due
date until such amount is paid in full.  Whenever, at any time after
the Swing Line Lender has received from any other Revolving Lender such
Revolving Lender’s Swing Loan Participation Amount, the Swing Line Lender
receives any payment from or on behalf of the Borrower on account of the related
Swing Loans, the Swing Line Lender will promptly distribute to such Revolving
Lender its ratable share of such amount based on its Revolving Facility
Percentage of such amount on such date on account of its Swing Loan
Participation (appropriately adjusted, in the case of interest payments, to
reflect the period of time during which such Revolving Lender’s participating
interest was outstanding and funded); provided, however, that if
such payment received by the Swing Line Lender is required to be returned, such
Revolving Lender will return to the Swing Line Lender any portion thereof
previously distributed to it by the Swing Line Lender.

     

    (d)          Obligations
Unconditional.

     

    Each
Revolving Lender’s obligation to make Revolving Loans pursuant to
Section 2.3(b) and/or to purchase Swing Loan Participations in connection
with a Notice of Swing Loan Refunding shall be subject to the conditions that
(i) such Revolving Lender shall have received a Notice of Swing Loan
Refunding complying with the provisions hereof and (ii) at the time the
Swing Loans that are the subject of such Notice of Swing Loan Refunding were
made, the Swing Line Lender making the same had no actual written notice from
another Lender that an Event of Default had occurred and was continuing, but
otherwise shall be absolute and unconditional, shall be solely for the benefit
of the Swing Line Lender that gives such Notice of Swing Loan Refunding, and
shall not be affected by any circumstance, including, without limitation, (A)
any set-off, counterclaim, recoupment, defense or other right that such
Revolving Lender may have against any other Lender, any Credit Party, or any
other Person, or any Credit Party may have against any Lender or other Person,
as the case may be, for any reason whatsoever; (B) the occurrence or continuance
of a Default or Event of Default; (C) any event or circumstance involving a
Material Adverse Effect:  (D) any breach of any Loan Document by any
party thereto; or (E) any other circumstance, happening or event, whether or not
similar to any of the foregoing.

     

    
      
         

      

      
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              2.4

            	
              Letters of
      Credit.

            

    

     

    (a)          LC
Issuances.

     

    During
the Revolving Facility Availability Period, the Borrower may request an LC
Issuer at any time and from time to time to issue, for the account of any Credit
Party, and subject to and upon the terms and conditions herein set forth, each
LC Issuer agrees to issue from time to time Letters of Credit denominated and
payable in Dollars or any Designated Foreign Currency, and in each case, in such
form as may be approved by such LC Issuer and the Administrative Agent; provided, however, that
notwithstanding the foregoing, no LC Issuance shall be made if after giving
effect thereto, (i) the LC Outstandings would exceed the LC Commitment
Amount, (ii) the Revolving Facility Exposure of any Revolving Lender would
exceed such Revolving Lender’s Revolving Commitment, (iii) the Aggregate
Revolving Facility Exposure plus the principal amount of Swing Loans outstanding
would exceed the Total Revolving Commitment, (iv) the Foreign Currency
Exposure would exceed the Maximum Foreign Currency Exposure Amount or
(v) the Borrower would be required to prepay Loans or cash collateralize
Letters of Credit pursuant to Section 2.12(b)(ii) or
Section 2.12(b)(iii).  Subject to Section 2.4(c) below, each
Letter of Credit shall have an expiry date (including any renewal periods)
occurring not later than the earlier of (y) one year from the date of issuance
thereof, or (z) 30 Business Days prior to the Revolving Facility Termination
Date.

     

    (b)          LC
Requests.

     

    Whenever
the Borrower desires that a Letter of Credit be issued for its account or the
account of any eligible LC Obligor, the Borrower shall give the Administrative
Agent and the applicable LC Issuer written or telephonic notice (in the case of
telephonic notice, promptly confirmed in writing if so requested by the
Administrative Agent) which, if in the form of written notice, shall be
substantially in the form of Exhibit B-3 (each such request, a “LC Request”), or
transmit by electronic communication (if arrangements for doing so have been
approved by the applicable LC Issuer), prior to 11:00 A.M. (local time at the
Notice Office) at least three Business Days (or such shorter period as may be
acceptable to the relevant LC Issuer) prior to the proposed date of issuance
(which shall be a Business Day), which LC Request shall include such supporting
documents that such LC Issuer customarily requires in connection therewith
(including, in the case of a Letter of Credit for an account party other than
the Borrower, an application for, and if applicable a reimbursement agreement
with respect to.  such Letter of Credit).  In the event of
any inconsistency between any of the terms or provisions of any LC Document and
the terms and provisions of this Agreement respecting Letters of
Credit.  the terms and provisions of this Agreement shall
control.

     

    (c)          Auto-Renewal
Letters of Credit.

     

    If an LC
Obligor so requests in any applicable LC Request, each LC Issuer shall agree to
issue a Letter of Credit that has automatic renewal provisions; provided, however, that any
Letter of Credit that has automatic renewal provisions must permit such LC
Issuer to prevent any such renewal at least once in each twelve-month period
(commencing with the date of issuance of such Letter of Credit) by giving prior
notice to the beneficiary thereof not later than a day in each such twelve-month
period to be agreed upon at the time such Letter of Credit is
issued.  Once any such Letter of Credit that has automatic renewal
provisions has been issued, the Revolving Lenders shall be deemed to have
authorized (but may not require) such LC Issuer to permit the renewal of such
Letter of Credit at any time to an expiry date not later than 30 Business Days
prior to the Revolving Facility Termination Date:  provided, however, that such
LC Issuer shall not permit any such renewal if (i) such LC Issuer has
determined that it would have no obligation at such time to issue such Letter of
Credit in its renewed form under the terms hereof, or (ii) it has received
written notice on or before the day that is two Business Days before the date
that such LC Issuer is permitted to send a notice of non-renewal from the
Administrative Agent, any Revolving Lender or the Borrower that one or more of
the applicable conditions specified in Section 4.2 is not then
satisfied.

     

    
      
         

      

      
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    (d)          Applicability
of ISP98.

     

    Unless
otherwise expressly agreed by the applicable LC Issuer and the applicable LC
Obligor, when a Letter of Credit is issued, the rules of the “International
Standby Practices 1998” published by the Institute of International Banking Law
& Practice (or such later version thereof as may be in effect at the time of
issuance) shall apply to each Standby Letter of Credit.

     

    (e)          Notice of
LC Issuance.

     

    Each LC
Issuer shall, on the date of each LC Issuance by it, give the Administrative
Agent, each Revolving Lender and the Borrower written notice of such LC
Issuance, accompanied by a copy to the Administrative Agent of the Letter of
Credit or Letters of Credit issued by such LC Issuer.  Each LC Issuer
shall provide to the Administrative Agent a quarterly (or monthly if requested
by any applicable Revolving Lender) summary describing each Letter of Credit
issued by such LC Issuer and then outstanding and an identification for the
relevant period of the daily aggregate LC Outstandings represented by Letters of
Credit issued by such LC Issuer.

     

    (f)          Reimbursement
Obligations.

     

    (i)           The
Borrower hereby agrees to reimburse (or cause any LC Obligor for whose account a
Letter of Credit was issued to reimburse) each LC Issuer, by making payment
directly to such LC Issuer in immediately available funds at the payment office
of such LC Issuer, for any Unpaid Drawing with respect to any Letter of Credit
by 2:00 P.M. (local time at the Notice Office) within one Business Day after the
payment or disbursement under such Letter of Credit (and the applicable LC
Issuer shall give notice to the Borrower (or such other LC Obligor) of such
payment or disbursement as soon as practicable, but in any event no later than
2:00 P.M. (local time at the Notice Office) on the Business Day of such payment
or disbursement), such payment to be made in Dollars or in the applicable
Designated Foreign Currency in which such Letter of Credit is denominated, with
interest on the amount so paid or disbursed by such LC Issuer, from and
including the date paid or disbursed to but not including the date such LC
Issuer is reimbursed therefor at a rate per annum that shall be the rate then
applicable to Revolving Loans pursuant to Section 2.8(a)(i) that are
Base Rate Loans or, if not reimbursed within the time required pursuant to the
foregoing.  at the Default Rate, any such interest also to be payable
on demand.  If by 2:00 P.M. on the Business Day immediately following
such payment or disbursement in respect of an Unpaid Drawing, the Borrower or
the other relevant LC Obligor has not made such reimbursement out of its
available cash on hand or, in the case of the Borrower, a contemporaneous
Borrowing hereunder (if such Borrowing is otherwise available to the
Borrower), (x) the Borrower will in each case be deemed to have given a Notice
of Borrowing for Revolving Loans that are Base Rate Loans in an aggregate
principal amount sufficient to reimburse such Unpaid Drawing (and the
Administrative Agent shall promptly give notice to the Revolving Lenders of such
deemed Notice of Borrowing), (y) the Revolving Lenders shall, in accordance with
and subject to Section 2.4(g)(iii) and unless they are legally
prohibited from doing so, make the Revolving Loans contemplated by such deemed
Notice of Borrowing (which Revolving Loans shall be considered made under
Section 2.2), and (z) the proceeds of such Revolving Loans shall be
disbursed directly to the applicable LC Issuer to the extent necessary to
effect such reimbursement and repayment of the Unpaid Drawing, with any excess
proceeds to be made available to the Borrower in accordance with the applicable
provisions of this Agreement.

     

    
      
         

      

      
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    (ii)           Obligations
Absolute.  Each LC Obligor’s obligation under this
Section to reimburse each LC’ Issuer with respect to Unpaid Drawings
(including, in each case, interest thereon) shall be absolute and unconditional
under any and all circumstances and irrespective of any setoff, counterclaim
or defense to payment that such LC Obligor may have or have had against
such LC Issuer.  the Administrative Agent or any Revolving Lender,
including, without limitation, any defense based upon the failure of any drawing
under a Letter of Credit to conform to the terms of the Letter of Credit or
any non-application or misapplication by the beneficiary of the proceeds of such
drawing; provided,
however, that no LC Obligor shall be obligated to reimburse an LC Issuer
for any wrongful payment made by such LC Issuer under a Letter of Credit as a
result of acts or omissions constituting willful misconduct or gross negligence
on the part of such LC Issuer.

     

    (g)          LC
Participations.

     

    (i)           Immediately
upon each LC Issuance, the LC Issuer of such Letter of Credit shall be deemed to
have sold and transferred to each Revolving Lender with a Revolving Commitment,
and each such Revolving Lender shall be deemed irrevocably and unconditionally
to have purchased and received from such LC Issuer, without recourse or
warranty, an undivided interest and participation (an “LC Participation”), to
the extent of such Revolving Lender’s Revolving Facility Percentage of the
Stated Amount of such Letter of Credit in effect at such time of issuance, in
such Letter of Credit, each substitute letter of credit, each drawing made
thereunder, the obligations of any LC Obligor under this Agreement with respect
thereto (although LC Fees relating thereto shall be payable directly to the
Administrative Agent for the account of the Revolving Lenders as provided in
Section 2.10 and the Revolving Lenders shall have no right to receive any
portion of any fees of the nature contemplated by Section 2.10(c) or
Section 2.10(e)), the obligations of any LC Obligor under any LC Documents
pertaining thereto, and any security for, or guaranty pertaining to, any of the
foregoing.

     

    (ii)           In
determining whether to pay under any Letter of Credit, an LC Issuer shall not
have any obligation relative to the Revolving Lenders other than to determine
that any documents required to be delivered under such Letter of Credit have
been delivered and that they appear to comply on their face with the
requirements of such Letter of Credit.  Any action taken or omitted to
be taken by an LC Issuer under or in connection with any Letter of Credit, if
taken or omitted in the absence of gross negligence or willful misconduct, shall
not create for such LC Issuer any resulting liability relative to the Revolving
Lenders.

     

    
      
         

      

      
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    (iii)           In
the event that an LC Issuer makes any payment under any Letter of Credit and the
applicable LC Obligor shall not have reimbursed such amount in full to such LC
Issuer pursuant to Section 2.4(f), either from available cash on hand or
the proceeds of Revolving Loans, such LC Issuer shall promptly notify the
Administrative Agent, and the Administrative Agent shall promptly notify
each Revolving Lender of such failure, and each Revolving Lender shall promptly
and unconditionally pay to the Administrative Agent for the account of such LC
Issuer, the amount of such Revolving Lender’s Revolving Facility Percentage of
such payment in Dollars or in the applicable Designated Foreign Currency in
which such Letter of Credit is denominated and in same-day funds; provided, however, that no
Revolving Lender shall be obligated to pay to the Administrative Agent its
Revolving Facility Percentage of such unreimbursed amount for any wrongful
payment made by such LC Issuer under a Letter of Credit as a result of acts or
omissions constituting willful misconduct or gross negligence on the
part of such LC Issuer.  If the Administrative Agent so notifies
any Revolving Lender required to fund a payment under a Letter of Credit prior
to 11:00 A.M. (local time at its Notice Office) on any Business Day, such
Revolving Lender shall make available to the Administrative Agent for the
account of the relevant LC Issuer such Revolving Lender’s Revolving Facility
Percentage of the amount of such payment on such Business Day in same-day
funds.  If and to the extent such Revolving Lender shall not have so
made its Revolving Facility Percentage of the amount of such payment
available to the Administrative Agent for the account of the relevant LC Issuer,
such Revolving Lender agrees to pay to the Administrative Agent for the account
of such LC Issuer, forthwith on demand, such amount, together with interest
thereon, for each day from such date until the date such amount is paid to the
Administrative Agent for the account of such LC Issuer at the Federal Funds
Effective Rate.  The failure of any Revolving Lender to make
available to the Administrative Agent for the account of the relevant LC Issuer
its Revolving Facility Percentage of any payment under any Letter of Credit
shall not relieve any other Revolving Lender of its obligation hereunder to make
available to the Administrative Agent for the account of such LC Issuer its
Revolving Facility Percentage of any payment under any Letter of Credit on the
date required, as specified above, but no Revolving Lender shall be responsible
for the failure of any other Revolving Lender to make available to the
Administrative Agent for the account of such LC Issuer such other Revolving
Lender’s Revolving Facility Percentage of any such payment.

     

    (iv)           Whenever
an LC Issuer receives a payment of a reimbursement obligation as to which the
Administrative Agent has received for the account of such LC Issuer any payments
from the Revolving Lenders pursuant to subpart (iii) above, such LC Issuer
shall pay to the Administrative Agent and the Administrative Agent shall
promptly pay to each Revolving Lender that has paid its Revolving Facility
Percentage thereof, in same-day funds, an amount equal to such Revolving
Lender’s Revolving Facility Percentage of the principal amount thereof and
interest thereon accruing after the purchase of the respective LC
Participations, as and to the extent so received.

     

    
      
         

      

      
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    (v)           The
obligations of the Revolving Lenders to make payments to the Administrative
Agent for the account of each LC Issuer with respect to Letters of Credit shall
be irrevocable and not subject to counterclaim, set-off or other defense or any
other qualification or exception whatsoever and shall be made in accordance with
the terms and conditions of this Agreement under all circumstances, including,
without limitation, any of the following circumstances:

     

    (A)           any
lack of validity or enforceability of this Agreement or any of the other Loan
Documents;

     

    (B)           the
existence of any claim, set-off defense or other right that any LC Obligor may
have at any time against a beneficiary named in a Letter of Credit, any
transferee of any Letter of Credit (or any Person for whom any such transferee
may be acting), the Administrative Agent, any LC Issuer, any Lender, or other
Person, whether in connection with this Agreement, any Letter of Credit, the
transactions contemplated herein or any unrelated transactions (including any
underlying transaction between the applicable LC Obligor and the beneficiary
named in any such Letter of Credit), other than any claim that the applicable LC
Obligor may have against any applicable LC Issuer for gross negligence or
willful misconduct of such LC Issuer in making payment under any applicable
Letter of Credit;

     

    (C)           any
draft, certificate or other document presented under the Letter of Credit
proving to be forged, fraudulent, invalid or insufficient in any respect or any
statement therein being untrue or inaccurate in any respect;

     

    (D)           the
surrender or impairment of any security for the performance or observance of any
of the terms of any of the Loan Documents; or

     

    (E)           
the occurrence of any Default or Event of Default.

     

    (vi)           To
the extent any LC Issuer is not indemnified by the Borrower or any LC Obligor,
the Revolving Lenders will reimburse and indemnify such LC Issuer, in proportion
to their respective Revolving Facility Percentages (determined at the time such
indemnity is sought), for and against any and all liabilities, obligations,
losses, damages, penalties, claims, actions, judgments, costs, expenses or
disbursements of whatsoever kind or nature that may be imposed on, asserted
against or incurred by such LC Issuer in performing its respective duties in any
way related to or arising out of LC issuances by it; provided, however, that no
Revolving Lender shall be liable for any portion of such liabilities,
obligations, losses, damages, penalties, claims, actions, judgments, costs,
expenses or disbursements resulting from such LC Issuer’s gross negligence or
willful misconduct.

     

    (h)          Existing Letters of
Credit.

     

    On and
after the Closing Date, each Existing Letter of Credit shall be deemed to have
been issued pursuant to the terms of this Agreement and shall constitute a
Letter of Credit for all purposes under this Agreement and the other Loan
Documents.  The Borrower agrees that it shall be liable with respect
to any drawing made under any of the Existing Letters of Credit in accordance
with this Section 2.4 and the other provisions of this
Agreement.  On and after the Closing Date, the fees applicable to each
Existing Letter of Credit shall be the fees applicable to Letters of Credit as
set forth in Section 2.10 hereof.

     

    
      
         

      

      
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              2.5

            	
              Notice of
      Borrowing.

            

    

     

    (a)          Time of
Notice.

     

    Each
Borrowing of a Loan (other than a Continuation or Conversion) shall be made upon
notice in the form provided for below which shall be provided by the Borrower to
the Administrative Agent at its Notice Office not later than (i) in the
case of each Borrowing of a Fixed Rate Loan, 11:00 A.M. (local time at its
Notice Office) at least three Business Days’ prior to the date of such
Borrowing, (ii) in the case of each Borrowing of a Base Rate Loan, prior to
11:00 A.M. (local time at its Notice Office) on the proposed date of such
Borrowing, and in the case of any Borrowing under the Swing Line Facility, prior
to 1:00 P.M. (local time at its Notice Office) on the proposed date of such
Borrowing. Notwithstanding the
foregoing, the parties hereto acknowledge and agree that the initial Borrowing
on the Closing Date may be a Borrowing of a Fixed Rate Loan if so elected by the
Borrower so long as (i) the Borrower has provided the applicable notice required
under part (b) of this Section two (2) Business Days before the date of such
Borrowing and (ii) the Borrower shall have executed and delivered a funding
indemnity letter to, and in form and substance satisfactory to, the
Administrative Agent.

     

    (b)          Notice of
Borrowing.

     

    Each
request for a Borrowing (other than a Continuation or Conversion) shall be made
by an Authorized Officer of the Borrower by delivering written notice of such
request substantially in the form of Exhibit B-1 hereto (each such notice, a
“Notice of Borrowing”) or, in the case of Base Rate Loans, by telephone (to be
confirmed immediately in writing by delivery by an Authorized Officer of the
Borrower of a Notice of Borrowing), and in any event each such request shall be
irrevocable and shall specify (i) the aggregate principal amount of the
Loans to be made pursuant to such Borrowing, (ii) the date of the Borrowing
(which shall be a Business Day), (iii) the Type of Loans such Borrowing
will consist of, and (iv) if applicable, the initial Interest Period or the
Swing Loan Maturity Date (which shall be less than 15 days) and the Designated
Foreign Currency applicable thereto.  Without in any way limiting the
obligation of the Borrower to confirm in writing any telephonic notice permitted
to be given hereunder, the Administrative Agent may act prior to receipt of
written confirmation without liability upon the basis of such telephonic notice
believed by the Administrative Agent in good faith to be from an Authorized
Officer of the Borrower entitled to give telephonic notices under this Agreement
on behalf of the Borrower.  In each such case, the Administrative
Agent’s record of the terms of such telephonic notice shall be conclusive absent
manifest error.

     

    (c)          Minimum
Borrowing Amount.

     

    The
aggregate principal amount of each Borrowing by the Borrower shall not be less
than the Minimum Borrowing Amount.

     

    (d)          Maximum
Borrowings.

     

    More than
one Borrowing may be incurred by the Borrower on any day; provided, however, that
(i) if there are two or more Borrowings on a single day by the Borrower
that consist of Fixed Rate Loans, each such Borrowing shall have a different
initial Interest Period, (ii) at no time shall there be more than 4
Borrowings of Swing Loans outstanding hereunder and (ii) at no time shall
there be more than 10 Borrowings of Fixed Rate Loans outstanding
hereunder.

    
      
         

      

      
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              2.6

            	
              Funding Obligations;
      Disbursement of Funds.

            

    

     

    (a)          Several
Nature of Funding Obligations.

     

    The
Revolving Commitments of each Lender hereunder and the obligation of each Lender
to make Loans, acquire and fund Swing Loan Participations, and LC
Participations, as the case may be, are several and not joint
obligations.  No Lender shall be responsible for any default by any
other Lender in its obligation to make Loans or fund any participation hereunder
and each Lender shall be obligated to make the Loans provided to be made by it
and fund its participations required to be funded by it hereunder, regardless of
the failure of any other Lender to fulfill any of its commitments
hereunder.  Nothing herein and no subsequent termination of the
Revolving Commitments pursuant to Section 2.11 shall be deemed to relieve
any Lender from its obligation to fulfill its commitments hereunder and in
existence from time to time or to prejudice any rights that the Borrower may
have against any Lender as a result of any default by such Lender
hereunder.

     

    (b)          Borrowings
Pro
rata.

     

    Except
with respect to the making of Swing Loans by the Swing Line Lender, all Loans
hereunder shall be made as follows:  all Revolving Loans made, and LC
Participations acquired by each Revolving Lender, shall be made or acquired, as
the case may be, and held on a pro rata basis based upon
each Revolving Lender’s Revolving Facility Percentage of the amount of such
Revolving Borrowing or Letter of Credit in effect on the date the applicable
Revolving Borrowing is to be made or the Letter of Credit is to be
issued.

     

    (c)          Notice to
Lenders.

     

    The
Administrative Agent shall promptly give the applicable Lenders written notice
(or telephonic notice promptly confirmed in writing) of each proposed Borrowing,
or Conversion or Continuation thereof, and LC Issuance, and of each such
Lender’s respective proportionate share thereof or participation therein and of
the other matters covered by the Notice of Borrowing, Notice of Continuation or
Conversion, or LC Request, as the case may be, relating thereto.

     

    (d)          Funding
of Loans.

     

    (i)           Loans
Generally.  No later than 2:00 P.M. (local time at the Payment
Office) on the date specified in each Notice of Borrowing, each Lender will make
available its amount, if any, of each Borrowing requested to be made on such
date to the Administrative Agent at the Payment Office in Dollars or the
applicable Designated Foreign Currency and in immediately available funds and
the Administrative Agent promptly will make available to the Borrower by
depositing to its account at the Payment Office (or such other account as the
Borrower shall specify) the aggregate of the amounts so made available in the
type of funds received.

     

    (ii)          Swing
Loans.  No later than 2:00 P.M. (local time at the Payment
Office) on the date specified in each Notice of Borrowing, the Swing Line Lender
will make available to the Borrower by depositing to its account at the Payment
Office (or such other account as the Borrower shall specify) the aggregate of
Swing Loans requested in such Notice of Borrowing.

    
      
         

      

      
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    (e)          Advance
Funding.

     

    Unless
the Administrative Agent shall have been notified by any Lender prior to the
date of Borrowing that such Lender does not intend to make available to the
Administrative Agent its portion of the Borrowing or Borrowings to be made on
such date, the Administrative Agent may assume that such Lender has made such
amount available to the Administrative Agent on such date of Borrowing, and the
Administrative Agent, in reliance upon such assumption, may (in its sole
discretion and without any obligation to do so) make available to the Borrower a
corresponding amount.  If such corresponding amount is not in fact
made available to the Administrative Agent by such Lender and the Administrative
Agent has made the same available to the Borrower, the Administrative Agent
shall be entitled to recover such corresponding amount from such
Lender.  If such Lender does not pay such corresponding amount
forthwith upon the Administrative Agent’s demand therefor, the Administrative
Agent shall promptly notify the Borrower, and the Borrower shall immediately pay
such corresponding amount to the Administrative Agent.  The
Administrative Agent shall also be entitled to recover from such Lender or the
Borrower, as the case may be, interest on such corresponding amount in respect
of each day from the date such corresponding amount was made available by the
Administrative Agent to the Borrower to the date such corresponding amount is
recovered by the Administrative Agent at a rate per annum equal to (i) if
paid by such Lender, the overnight Federal Funds Effective Rate or (ii) if
paid by the Borrower, the then applicable rate of interest, calculated in
accordance with Section 2.8, for the respective Loans (but without any
requirement to pay any amounts in respect thereof pursuant to
Section 3.2).

     

    (f)           Pre-Funding
of Borrower Payments.

     

    Unless
the Administrative Agent shall have received notice from the Borrower prior to
the date on which any payment is due to the Administrative Agent for the account
of the Lenders or any LC Issuer hereunder that the Borrower will not make such
payment, the Administrative Agent may assume that the Borrower has made such
payment on such date in accordance herewith and may, in reliance upon such
assumption, distribute to the Lenders or the applicable LC Issuer, as the case
may be, the amount due.  In such event, if the Borrower has not in
fact made such payment, then each of the Lenders or the applicable LC Issuer, as
the case may be, severally agrees to repay to the Administrative Agent forthwith
on demand the amount so distributed to such Lender or such LC Issuer 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 (including without limitation the Overnight Foreign
Currency Rate in the case of Loans denominated in a Designated Foreign
Currency).

     

    
      
        	
              	
                2.7

              	
                Evidence of
      Obligations.

              

      

    

     

    (a)          Loan
Accounts of Lenders.

     

    Each
Lender shall maintain in accordance with its usual practice an account or
accounts evidencing the Obligations of the Borrower to such Lender resulting
from each Loan made by such Lender, including the amounts of principal and
interest payable and paid to such Lender from time to time
hereunder.

    
      
         

      

      
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    (b)          Loan
Accounts of Administrative Agent; Lender Register.

     

    The
Administrative Agent shall maintain accounts in which it shall record
(i) the amount of each Loan and Borrowing made hereunder, the Type thereof,
the currency in which such Loan is denominated, the Interest Period and
applicable interest rate and, in the case of a Swing Loan, the Swing Loan
Maturity Date applicable thereto, (ii) the amount and other details with
respect to each Letter of Credit issued hereunder, (iii) the amount of any
principal due and payable or to become due and payable from the Borrower to each
Lender hereunder, (iv) the amount of any sum received by the Administrative
Agent hereunder for the account of the Lenders and each Lender’s share thereof,
and (v) the other details relating to the Loans, Letters of Credit and
other Obligations.  In addition, the Administrative Agent shall
maintain, on behalf of the Borrower, a register (the “Lender Register”) on or in
which it will record the names and addresses of the Lenders  and the
Revolving Commitments from time to time of each of the Lenders.  The
Administrative Agent will make the Lender Register available to any Lender or
the Borrower upon its request.

     

    (c)          Effect of
Loan Accounts, etc.

     

    The
entries made in the accounts maintained pursuant to Section 2.7(b) shall be
rebuttably presumptive evidence of the existence and amounts of the Obligations
recorded therein; provided, that the failure of
the Administrative Agent to maintain such accounts or any error (other than
manifest error) therein shall not in any manner affect the obligation of any
Credit Party to repay or prepay the Loans or the other Obligations in accordance
with the terms of this Agreement.

     

    (d)          Notes.

     

    Upon
request of any Lender or the Swing Line Lender, the Borrower will execute and
deliver to such Lender or the Swing Line Lender, as the case may be, (i) a
Revolving Facility Note with blanks appropriately completed in conformity
herewith to evidence the Borrower’s obligation to pay the principal of, and
interest on, the Revolving Loans made to it by such Lender and (ii) a Swing
Line Note with blanks appropriately completed in conformity herewith to evidence
the Borrower’s obligation to pay the principal of, and interest on, the Swing
Loans made to it by the Swing Line Lender; provided, however, that the
decision of any Lender or the Swing Line Lender to not request a Note shall in
no way detract from the Borrower’s obligation to repay the Loans and other
amounts owing by the Borrower to such Lender or the Swing Line
Lender.

     

    
      
        	
              	
                2.8

              	
                Interest; Default
      Rate.

              

      

    

     

    (a)          Interest
on Revolving Loans.

     

    The
outstanding principal amount of each Revolving Loan made by each Revolving
Lender shall bear interest at a fluctuating rate per annum that shall at all
times be equal to (i) during such periods as such Revolving Loan is a Base
Rate Loan, the Base Rate plus the Applicable Margin in effect from time to time,
(ii) during such periods as such Revolving Loan is a Eurodollar Loan, the
relevant Adjusted Eurodollar Rate for such Eurodollar Loan for the applicable
Interest Period plus the Applicable Margin in effect from time to time and
(iii) during such periods as a Revolving Loan is a Foreign Currency Loan,
the relevant Adjusted Foreign Currency Rate for such Foreign Currency Loan for
the applicable Interest Period plus the Applicable Margin in effect from time to
time.

    
      
         

      

      
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    (b)          Interest
on Swing Loans.

     

    The
outstanding principal amount of each Swing Loan shall bear interest from the
date of the Borrowing at a rate per annum that shall be equal to the Quoted Rate
applicable thereto.

     

    (c)          Default
Interest.

     

    Notwithstanding
the above provisions, if an Event of Default is in existence, upon written
notice by the Administrative Agent (which notice the Administrative Agent shall
give at the direction of the Required Lenders), (i) all outstanding amounts
of principal and, to the extent permitted by law, all overdue interest, in
respect of each Loan shall bear interest, payable on demand, at a rate per annum
equal to the Default Rate, and (ii) the LC Fees shall be increased by an
additional 2% per annum in excess of the LC Fees otherwise applicable
thereto.  In addition, if any amount (other than amounts as to which
the foregoing subparts (i) and (ii) are applicable) payable by the
Borrower under the Loan Documents is not paid when due, upon written notice by
the Administrative Agent (which notice the Administrative Agent shall give at
the direction of the Required Lenders), such amount shall bear interest, payable
on demand, at a rate per annum equal to the Default Rate.

     

    (d)          Accrual
and Payment of Interest.

     

    Interest
shall accrue from and including the date of any Borrowing to but excluding the
date of any prepayment or repayment thereof and shall be payable by the
Borrower:  (i) in respect of each Base Rate Loan, monthly in
arrears on the last Business Day of each month, (ii) in respect of each
Fixed Rate Loan, on the last day of each Interest Period applicable thereto and,
in the case of an Interest Period in excess of three months, on the dates that
are successively three months after the commencement of such Interest Period,
(iii) in respect of any Swing Loan, on the Swing Loan Maturity Date
applicable thereto, and (iv) in respect of all Loans, other than Revolving
Loans accruing interest at a Base Rate, on any repayment, prepayment or
Conversion (on the amount repaid, prepaid or Converted), at maturity (whether by
acceleration or otherwise), and, after such maturity or, in the case of any
interest payable pursuant to Section 2.8(c), on demand.

     

    (e)          Computations
of Interest.

     

    All
computations of interest on Fixed Rate Loans, Swing Loans and Unpaid Drawings
hereunder shall be made on the actual number of days elapsed over a year of 360
days.  All computations of interest on Base Rate Loans which accrue
interest based on the Prime Rate hereunder shall be made on the actual number of
days elapsed over a year of 365 or 366 days, as applicable.

     

    (f)           Information
as to Interest Rates.

     

    The
Administrative Agent, upon determining the interest rate for any Borrowing,
shall promptly notify the Borrower and the Lenders thereof.  Any
changes in the Applicable Margin shall be determined by the Administrative Agent
in accordance with the provisions set forth in the definition of “Applicable
Margin” and the Administrative Agent will promptly provide notice of such
determinations to the Borrower and the Lenders.  Any such
determination by the Administrative Agent shall be conclusive and binding absent
manifest error.

    
      
         

      

      
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                2.9

              	
                Conversion and
      Continuation of Loans.

              

      

    

     

    (a)          Conversion
and Continuation of Revolving Loans.

     

    The
Borrower shall have the right, subject to the terms and conditions of this
Agreement, to (i) Convert all or a portion of the outstanding principal
amount of Loans of one Type made to it into a Borrowing or Borrowings of another
Type of Loans that can be made to it pursuant to this Agreement and
(ii) Continue a Borrowing of Eurodollar Loans or Foreign Currency Loans, as
the case may be, at the end of the applicable Interest Period as a new Borrowing
of Eurodollar Loans or Foreign Currency Loans (in the same Designated Foreign
Currency as the original Foreign Currency Loan) with a new Interest Period;
provided, however, that
(A) no Foreign Currency Loan may be Converted into a Base Rate Loan, Eurodollar
Loan or a Foreign Currency Loan that is denominated in a different Designated
Foreign Currency, and (B) any Conversion of Eurodollar Loans into Base Rate
Loans shall be made on, and only on, the last day of an Interest Period for such
Eurodollar Loans. In addition, notwithstanding any contrary provision
hereof, if an Event of Default has occurred and is continuing and the
Administrative Agent, at the request of the Required Lenders, so notifies the
Borrower, then, so long as an Event of Default is continuing (i) no outstanding
Base Rate Loan may be converted to or continued as a Fixed Rate Loan and (ii)
unless repaid, each Fixed Rate Loan shall be converted to a Base Rate Loan (and
any such Fixed Rate Loan that is a Foreign Currency Loan shall be redenominated
in Dollars at the time of such conversion) at the end of the Interest Period
applicable thereto.

     

    (b)          Notice of
Continuation and Conversion.

     

    Each
Continuation or Conversion of a Loan shall be made upon notice in the form
provided for below provided by the Borrower to the Administrative Agent at its
Notice Office not later than (i) in the case of each Continuation of or
Conversion into a Fixed Rate Loan, prior to 1:00 P.M. (local time at its Notice
Office) at least three Business Days’ prior to the date of such Continuation or
Conversion, and (ii) in the case of each Conversion to a Base Rate Loan,
prior to 1:00 P.M. (local time at its Notice Office) on the proposed date of
such Conversion.  Each such request shall be made by an Authorized
Officer of the Borrower delivering written notice of such request substantially
in the form of Exhibit B-2 hereto (each such notice, a “Notice of Continuation
or Conversion”) or, in the case of Base Rate Loans, by telephone (to be
confirmed immediately in writing by delivery by an Authorized Officer of the
Borrower of a Notice of Continuation or Conversion), and in any event each such
request shall be irrevocable and shall specify (A) the Borrowings to be
Continued or Converted, (B) the date of the Continuation or Conversion (which
shall be a Business Day), and (C) the Interest Period or, in the case of a
Continuation.  the new Interest Period.  Without in any way
limiting the obligation of the Borrower to confirm in writing any telephonic
notice permitted to be given hereunder, the Administrative Agent may act prior
to receipt of written confirmation without liability upon the basis of such
telephonic notice believed by the Administrative Agent in good faith to be from
an Authorized Officer of the Borrower entitled to give telephonic notices under
this Agreement on behalf of the Borrower.  In each such case, the
Administrative Agent’s record of the terms of such telephonic notice shall be
conclusive absent manifest error.

    
      
         

      

      
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                2.10

              	
                Fees.

              

      

    

     

    (a)          Commitment
Fees.

     

    The
Borrower agrees to pay to the Administrative Agent, for the ratable benefit of
each Revolving Lender based upon each such Revolving Lender’s Revolving Facility
Percentage, as consideration for the Revolving Commitments of the Revolving
Lenders, commitment fees (the “Commitment Fees”) for the period from the Closing
Date to, but not including, the Revolving Facility Termination Date, computed
for each day at a rate per annum equal to (i) the Applicable Commitment Fee
Rate in effect on such day times (ii) the Unused Total Revolving Commitment
on such day.  Accrued Commitment Fees shall be due and payable monthly
in arrears on the first Business Day of each month and on the Revolving Facility
Termination Date.

     

    (b)          LC
Fees.

     

    The
Borrower agrees to pay to the Administrative Agent, for the ratable benefit of
each Revolving Lender based upon each such Revolving Lender’s Revolving Facility
Percentage, a fee in respect of each Letter of Credit issued hereunder for the
period from the date of issuance of such Letter of Credit until the expiration
date thereof (including any extensions of such expiration date that may be made
at the election of the account party or the beneficiary), computed for each day
at a rate per annum equal to (A) the Applicable Margin for Revolving Loans that
are Eurodollar Loans in effect on such day times (B) the Stated Amount of such
Letter of Credit on such day.  The foregoing fees shall be payable
quarterly in arrears on the last Business Day of each March, June, September and
December and on the Revolving Facility Termination Date.

     

    (c)          Fronting
Fees.

     

    The
Borrower agrees to pay directly to each LC Issuer, for its own account, a fee in
respect of each Letter of Credit issued by it, payable quarterly in arrears on
the last Business Day of each March, June, September and December and on the
Revolving Facility Termination Date, computed at the rate of 0.125% per annum on
the Stated Amount thereof for the period from the date of issuance (or increase,
renewal or extension) to the expiration date thereof (including any extensions
of such expiration date which may be made at the election of the beneficiary
thereof).

     

    (d)          Additional
Charges of LC Issuer.

     

    The
Borrower agrees to pay directly to each LC Issuer upon each LC Issuance, drawing
under, or amendment, extension, renewal or transfer of, a Letter of Credit
issued by it such amount as shall at the time of such LC Issuance, drawing
under, amendment, extension, renewal or transfer be the processing charge that
such LC Issuer is customarily charging for issuances of, drawings under or
amendments, extensions, renewals or transfers of, letters of credit issued by
it.

     

    (e)          Administrative
Agent Fees; Lenders’
Fees.

     

    The
Borrower shall pay to the Administrative Agent, on the Closing Date and
thereafter, for its own account, the fees set forth in the Administrative Agent
Fee Letter.  The Borrower shall pay to the Administrative Agent, on
the Closing Date, for the account of the Lenders, the fees specified to the
Lenders prior to the Closing Date.

    
      
         

      

      
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    (f)           Computations
and Determination of Fees.

     

    Any
changes in the Applicable Commitment Fee Rate shall be determined by the
Administrative Agent in accordance with the provisions set forth in the
definition of  “Applicable Commitment Fee Rate” and the Administrative
Agent will promptly provide notice of such determinations to the Borrower and
the Revolving Lenders.  Any such determination by the Administrative
Agent shall be conclusive and binding absent manifest error.  All
computations of Commitment Fees, LC Fees and other Fees hereunder shall be made
on the actual number of days elapsed over a year of 360 days.

     

    
      
        	
              	
                2.11

              	
                Termination and
      Reduction of Revolving Commitments.

              

      

    

     

    (a)          Mandatory
Termination of Revolving Commitments.

     

    All of
the Revolving Commitments shall terminate on the Revolving Facility Termination
Date.

     

    (b)          Voluntary
Termination of the Total Revolving Commitment.

     

    Upon at
least three Business Days’ prior irrevocable written notice (or telephonic
notice confirmed in writing) to the Administrative Agent at its Notice Office
(which notice the Administrative Agent shall promptly transmit to each of the
Lenders), the Borrower shall have the right to terminate in whole the Total
Revolving Commitment, provided that (i) all
outstanding Revolving Loans and Unpaid Drawings are contemporaneously prepaid in
accordance with Section 2.12 and (ii) either there are no outstanding
Letters of Credit or the Borrower shall contemporaneously either (x) cause all
outstanding Letters of Credit to be surrendered for cancellation (any such
Letters of Credit to be replaced by letters of credit issued by other financial
institutions acceptable to each LC Issuer and the Revolving Lenders) or (y)
provide cash collateral therefor pursuant to
Section 2.12(b)(iii).

     

    (c)          Partial
Reduction of Total Revolving Commitment.

     

    Upon at
least three Business Days’ prior irrevocable written notice (or telephonic
notice confirmed in writing) to the Administrative Agent at its Notice Office
(which notice the Administrative Agent shall promptly transmit to each of the
Revolving Lenders), the Borrower shall have the right to partially and
permanently reduce the Unused Total Revolving Commitment; provided, however, that
(i) any such reduction shall apply to proportionately (based on each
Lender’s Revolving Facility Percentage) and permanently reduce the Revolving
Commitment of each Revolving Lender, (ii) such reduction shall apply to
proportionately and permanently reduce the LC Commitment Amount and the Maximum
Foreign Currency Exposure Amount, but only to the extent that the Unused Total
Revolving Commitment would be reduced below any such limits, (iii) no such
reduction shall be permitted if the Borrower would be required to make a
mandatory prepayment of Loans or cash collateralize Letters of Credit pursuant
to Section 2.12, unless such mandatory prepayment or cash collateralization
requirement is satisfied and (iv) any partial reduction shall be in the
amount of at least $5,000,000 (or, if greater, in integral multiples of
$1,000,000).

    
      
         

      

      
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                2.12

              	
                Voluntary, Scheduled
      and Mandatory Prepayments of Loans.

              

      

    

     

    (a)          Voluntary
Prepayments.

     

    Subject
to subparts (e) below, the Borrower shall have the right to prepay any of the
Loans owing by it, in whole or in part, without premium or penalty, from time to
time.  The Borrower shall give the Administrative Agent at the Notice
Office written or telephonic notice (in the case of telephonic notice, promptly
confirmed in writing if so requested by the Administrative Agent) of its intent
to prepay the Loans, the amount of such prepayment and (in the case of Fixed
Rate Loans) the specific Borrowing(s) pursuant to which the prepayment is to be
made, which notice shall be received by the Administrative Agent by (y) 1:00
P.M. (local time at the Notice Office) three Business Days prior to the date of
such prepayment, in the case of any prepayment of Fixed Rate Loans, or (z) 1:00
P.M. (local time at the Notice Office) on the Business Day of such prepayment,
in the case of any prepayment of Base Rate Loans, and which notice shall
promptly be transmitted by the Administrative Agent to each of the affected
Lenders, provided
that:

     

    (i)           each
partial prepayment shall be in an aggregate principal amount of at least (A) in
the case of any prepayment of a Fixed Rate Loan, $2,000,000 (or, if less, the
full amount of such Borrowing), or an integral multiple of $1,000,000 in excess
thereof, (B) in the case of any prepayment of a Base Rate Loan, $1,000,000 (or,
if less, the full amount of such Borrowing), or an integral multiple of $500,000
in excess thereof, and (C) in the case of any prepayment of a Swing Loan, in the
full amount thereof; and

     

    (ii)          no
partial prepayment of any Loans made pursuant to a Borrowing shall reduce the
aggregate principal amount of such Loans outstanding pursuant to such Borrowing
to an amount less than the Minimum Borrowing Amount applicable
thereto.

     

    (b)          Mandatory
Payments.

     

    The Loans
shall be subject to mandatory repayment or prepayment (in the case of any
partial prepayment conforming to the requirements as to the amounts of partial
prepayments set forth in Section 2.12(a) above), and the LC Outstandings
shall be subject to cash collateralization requirements, in accordance with the
following provisions:

     

    (i)           Revolving Facility
Termination Date.  The entire principal amount of all
outstanding Revolving Loans shall be repaid in full on the Revolving Facility
Termination Date.

     

    (ii)          Loans Exceed the Revolving
Commitments.  If on any date (after giving effect to any other
payments on such date) (A) the Aggregate Credit Facility Exposure exceeds the
Total Revolving Commitment, (B) the Revolving Facility Exposure of any Lender
exceeds such Lender’s Revolving Commitment, (C) the Foreign Currency Exposure
exceeds the Maximum Foreign Currency Exposure Amount, or (D) the aggregate
principal amount of Swing Loans outstanding exceeds the Swing Line Commitment,
then, in the case of each of the foregoing, the Borrower shall prepay on such
date the principal amount of Loans and, after Loans have been paid in full,
Unpaid Drawings, in an aggregate amount at least equal to such
excess.

    
      
         

      

      
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    (iii)        LC Outstandings Exceed LC
Commitment.  If on any date the LC Outstandings exceed the
LC Commitment Amount, then the applicable LC Obligor or the Borrower shall, on
such day, pay to the Administrative Agent an amount in cash equal to such
excess, and the Administrative Agent shall hold such payment as security for the
reimbursement obligations of the applicable LC Obligors hereunder in respect of
Letters of Credit pursuant to a cash collateral agreement to be entered into in
form and substance reasonably satisfactory to the Administrative Agent, each LC
Issuer and the Borrower (which shall permit certain investments in Cash
Equivalents satisfactory to the Administrative Agent, each LC Issuer and the
Borrower until the proceeds are applied to any Unpaid Drawings or to any other
Obligations in accordance with any such cash collateral agreement).

     

    (iv)         Certain Proceeds of Asset
Sales.  If during any fiscal year of Holdings, the Credit
Parties and their Subsidiaries have received cumulative Net Cash Proceeds during
such fiscal year from one or more Asset Sales (other than any Asset Sale made
pursuant to Section 7.2(e)) in excess of $5,000,000, not later than the
Business Day following the date of receipt of any Cash Proceeds in excess of
such amount, an amount equal to 100% of all of the Net Cash Proceeds then
received shall be applied as a mandatory prepayment of the Loans in accordance
with Section 2.12(c) below; provided that, with respect to any
Asset Sale of domestic United States operating assets, if the Borrower provides
the Administrative Agent, within 20 days of the occurrence of such Asset Sale,
with a written notice of the applicable Credit Party’s or the applicable
Subsidiary’s election to use such Net Cash Proceeds to replace such operating
assets with substantially similar United States operating assets, so long as no
Default or Event of Default shall be in existence, no prepayment of such
Net Cash Proceeds shall be due under this Section 2.12(b)(iv) (it
being understood that (X) any applicable Net Cash Proceeds not used to replace
such operating assets shall be paid to the Administrative Agent and applied in
accordance with the foregoing provisions of this
Section 2.12(b)(iv) at the earlier of (A) such time as such Credit
Party or such Subsidiary decides not to use such Net Cash Proceeds to so replace
such operating assets or (B) the 270th day (or such later day as consented to by
the Administrative Agent in its reasonable credit judgment) following the
occurrence of such Asset Sale) and (Y) any proceeds being held for reinvestment
shall be deposited into a deposit account for such purposes which is maintained
with a Lender and subject to a Control Agreement and only removed as needed to
replace or restore such operating assets).

     

    (v)           Certain Proceeds of Equity
Sales.  Not later than the Business Day following the date of
the receipt by any Credit Party or any of its Subsidiaries of the cash proceeds
(net of underwriting discounts and commissions, placement agent fees and other
customary fees and costs associated therewith) from any sale or issuance by any
Credit Party or any of its Subsidiaries of its own equity securities, as the
case may be, after the Closing Date (other than (A) any sale or issuance to
management, employees (or key employees) or directors pursuant to stock option
or similar plans for the benefit of management, employees (or key employees) or
directors generally, (B) the issuance or sale of any Equity Interests by
any Subsidiary of Holdings to Holdings or any other Subsidiary of Holdings or
(C) the sale or issuance of any Equity Interests in connection with a Permitted
Acquisition), the Borrower will make a prepayment of the Loans in an amount
equal to 100% of such net proceeds in accordance with
Section 2.12(c).

    
      
         

      

      
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    (vi)         Certain Proceeds of
Indebtedness.  Not
later than the Business Day following the date of the receipt by the Borrower or
any of its Subsidiaries of the cash proceeds (net of underwriting discounts and
commissions, placement agent fees and other customary fees and costs associated
therewith) from any sale or issuance of Indebtedness (other than the sale or
issuance of any Indebtedness pursuant to Sections 7.4(a) through (f) and
(h) through (l)) by the Borrower or any of its Subsidiaries, as the case may
be.  after the Closing Date, the Borrower will make a prepayment of
the Loans in an amount equal to 100% of such net proceeds in accordance with
Section 2.12(c).

     

    (vii)        Certain Proceeds of Events
of Loss.  With respect to any Event of Loss, if the property
subject to such Event of Loss can reasonably be expected to be replaced with
substantially similar property or restored to its condition immediately prior to
such destruction or damage, as applicable, within 180 days after the occurrence
of such Event of Loss and no Default or Event of Default shall be continuing,
the Borrower or such Subsidiary may elect to use any Net Cash Proceeds received
to repair, replace or restore such property by providing the Administrative
Agent with a written notice of its election to so repair, replace or restore
within 20 days of the occurrence of such Event of Loss, no prepayment of
such Net Cash Proceeds shall be due under this
Section 2.12(b)(vii) (it being understood that (X) any applicable Net
Cash Proceeds not used to so repair, replace or restore such property shall be
paid to the Administrative Agent and applied in accordance with the provisions
of Section 2.12(c) at the earlier of (A) such time as the Borrower or such
Subsidiary decides not to use such Net Cash Proceeds to so replace or restore
such property or (B) the 270th day (or such later day as consented to by the
Administrative Agent in its reasonable credit judgment) following the occurrence
of such Event of Loss) and (Y) any proceeds being held for reinvestment shall be
deposited into a deposit account for such purpose which is maintained with a
Lender and subject to a Control Agreement and only removed as needed to replace
or restore such operating assets).

     

    (c)          Applications
of Certain Prepayment Proceeds.

     

    Each
prepayment required to be made pursuant to Section 2.12(b)(iv),
2.12(b)(v) or 2.12(b)(vi) shall be applied as a mandatory prepayment
of the Loans as follows:  (i) if, at the time of any such
prepayment, no Default or Event of Default has occurred and is continuing, such
prepayment shall be applied to the outstanding principal amount of the Revolving
Loans (with no reduction in the Revolving Commitments), or (ii) if, at the
time of any such prepayment or after giving effect thereto, any Default or Event
of Default exists, such prepayment shall be applied, on a pro rata basis, to the
principal amount of the Revolving Loans of all Lenders and to reduce permanently
on such basis the Revolving Commitments and the Total Revolving Commitment in
accordance with Section 2.12(b)(ii).  Any reduction of the
Revolving Commitments and the Total Revolving Commitment shall automatically,
without further action, reduce by the same percentage the LC Commitment Amount
and shall be accompanied by prepayment of the Revolving Loans to the extent, if
any, that the Aggregate Credit Facility Exposure exceeds the amount of the Total
Revolving Commitment as so reduced, and if the aggregate principal amount of
Revolving Loans then outstanding is less than the amount of such excess, the
Borrower shall, to the extent of such excess, or cash collateralize Letters of
Credit pursuant to Section 2.12(b)(iii).

    
      
         

      

      
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    (d)          Particular
Loans to be Prepaid.

     

    With
respect to each repayment or prepayment of Loans made or required by this
Section, the Borrower shall designate the Types of Loans that are to be repaid
or prepaid and the specific Borrowing(s) pursuant to which such repayment or
prepayment is to be made, provided, however, that
(i) the Borrower shall first so designate all Loans that are Base Rate
Loans and Fixed Rate Loans with Interest Periods ending on the date of repayment
or prepayment prior to designating any other Fixed Rate Loans for repayment or
prepayment, and (ii) if the outstanding principal amount of Fixed Rate
Loans made pursuant to a Borrowing is reduced below the applicable Minimum
Borrowing Amount as a result of any such repayment or prepayment, then all the
Loans outstanding pursuant to such Borrowing shall, in the case of Eurodollar
Loans, be Converted into Base Rate Loans and, in the case of Foreign Currency
Loans, be repaid in full.  In the absence of a designation by the
Borrower as described in the preceding sentence, the Administrative Agent shall,
subject to the above, make such designation in its sole discretion with a view,
but no obligation, to minimize breakage costs owing under Section
3.

     

    (e)          Breakage
and Other Compensation.

     

    Any
prepayment made pursuant to this Section 2.12 shall be accompanied by any
amounts payable in respect thereof under Section 3 hereof; provided that with respect to
prepayments under Section 2.12(b), such Section 3 amounts shall only be
payable during the continuance of a Default or Event of Default.

     

    
      
        	
              	
                2.13

              	
                Method and Place of
      Payment.

              

      

    

     

    (a)          Generally.

     

    All
payments made by the Borrower hereunder (including any payments made with
respect to the Borrower Guaranteed Obligations under Section 10), under any Note
or any other Loan Document, shall be made without setoff, counterclaim or other
defense.

     

    (b)          Application
of Payments.

     

    Except as
specifically set forth elsewhere in this Agreement and subject to
Section 8.3, (i) all payments and prepayments of Revolving Loans and
Unpaid Drawings with respect to Letters of Credit shall be applied by the
Administrative Agent on a pro
rata basis based upon each Revolving Lender’s Revolving Facility
Percentage of the amount of such prepayment and (ii) all payments or
prepayments of Swing Loans shall be applied by the Administrative Agent to pay
or prepay such Swing Loans.

     

    (c)          Payment
of Obligations.

     

    Except as
specifically set forth elsewhere in this Agreement, all payments under this
Agreement with respect to any of the Obligations shall be made to the
Administrative Agent on the date when due and shall be made at the Payment
Office in immediately available funds and, except as set forth in the next
sentence, shall be made in Dollars.  With respect to any Foreign
Currency Loan, all payments (including prepayments) to any Revolving Lender of
the principal of or interest on such Foreign Currency Loan shall be made in the
same Designated Foreign Currency as the original Loan and with respect to any
Letter of Credit issued in a Designated Foreign Currency, all Unpaid Drawings
with respect to each such Letter of Credit shall be made in the same Designated
Foreign Currency in which each such Letter of Credit was
issued.

    
      
         

      

      
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    (d)          Timing of
Payments.

     

    Any
payments under this Agreement that are made later than 1:00 P.M. (local time at
the Payment Office) shall be deemed to have been made on the next succeeding
Business Day.   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 payable for the
period of such extension.  Notwithstanding the foregoing provisions of
this Section, if, after the making of any Credit Event in any Foreign Currency,
currency control or exchange regulations are imposed in the country which issues
such currency with the result that the type of currency in which the Credit
Event was made (the “Original
Currency”) no longer
exists or the Borrower is not able to make payment to the Administrative Agent
for the account of the Lenders in such Original Currency, then all payments to
be made by the Borrower hereunder in such currency shall instead be made when
due in Dollars in an amount equal to the Dollar Amount (as of the date of
repayment) of such payment due, it being the intention of the parties hereto
that the Borrower takes all risks of the imposition of any such currency control
or exchange regulations

     

    (e)          Distribution
to Lenders.

     

    Upon the
Administrative Agent’s receipt of payments hereunder, the Administrative Agent
shall immediately distribute to each Lender or the applicable LC Issuer, as the
case may be, its ratable share, if any, of the amount of principal, interest,
and Fees received by it for the account of such Lender.  Payments
received by the Administrative Agent in any Designated Foreign Currency shall be
delivered to the Lenders or the applicable LC Issuer, as the case may be, in
such Designated Foreign Currency in same-day funds:  provided, however, that if at
any time insufficient funds are received by and available to the Administrative
Agent to pay fully all amounts of principal, Unpaid Drawings, interest and Fees
then due hereunder then, except as specifically set forth elsewhere in this
Agreement and subject to Section 8.3, such funds shall be applied, 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 second, towards payment of principal and Unpaid
Drawings then due hereunder, ratably among the parties entitled thereto in
accordance with the amounts of principal and Unpaid Drawings then due to such
parties.

     

    
      
        	
              	
                2.14

              	
                Defaulting
      Lenders.

              

      

    

     

    Notwithstanding
any provision of this Agreement to the contrary, if any Lender becomes a
Defaulting Lender, then the following provisions shall apply for so long as such
Lender is a Defaulting Lender:

    

    (a)           fees
shall cease to accrue on the unfunded portion of the Revolving Commitment of
such Defaulting Lender pursuant to Section 2.10(a);

    

    (b)           the
Revolving Commitment and Revolving Facility Exposure of such Defaulting Lender
shall not be included in determining whether the Required Lenders or Required
Revolving Lenders have taken or may take any action hereunder (including any
consent to any amendment, waiver or other modification pursuant to Section
11.12); provided, that this
clause (b) shall not apply to the vote of a Defaulting Lender in the case of an
amendment, waiver or other modification requiring the consent of such Lender or
each Lender affected thereby;

    
      
         

      

      
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    (c)           if
any Swing Loan or Letters of Credit exists at the time such Lender becomes a
Defaulting Lender then:

    (i)           all
or any part of the Swing Loan Participation and LC Participation of such
Defaulting Lender shall be reallocated among the non-Defaulting Lenders in
accordance with their respective Revolving Facility Percentages but only to the
extent the sum of all non-Defaulting Lenders’ Revolving Facility Exposures plus
such Defaulting Lender’s Swing Loan Participation and LC Participation does not
exceed the total of all non-Defaulting Lenders’ Revolving
Commitments;

    

    (ii)          if
the reallocation described in clause (i) above cannot, or can only partially, be
effected, the Borrower shall within one Business Day following notice by the
Administrative Agent (x) first, prepay such
Swing Loan and (y) second, cash
collateralize for the benefit of the applicable LC Issuers only the Borrower’s
obligations corresponding to such Defaulting Lender’s LC Participation (after
giving effect to any partial reallocation pursuant to clause (i) above) in
accordance with the procedures set forth in Section 2.12(b)(iii) for so long as
such Letter of Credit remains outstanding;

    

    (iii)         if
the Borrower cash collateralizes any portion of such Defaulting Lender’s LC
Participation pursuant to clause (ii) above, the Borrower shall not be required
to pay any fees to such Defaulting Lender pursuant to Section
2.10(b)  with respect to such Defaulting Lender’s LC Participation
during the period such Defaulting Lender’s LC Participation is cash
collateralized;

    

    (iv)         if
the total LC Participations of the non-Defaulting Lenders is reallocated
pursuant to clause (i) above, then the fees payable to the Lenders pursuant to
Section 2.10(a) and Section 2.10(b) shall be adjusted in accordance with such
non-Defaulting Lenders’ Revolving Facility Percentages; and

    

    (v)          if
all or any portion of such Defaulting Lender’s LC Participation is neither
reallocated nor cash collateralized pursuant to clause (i) or (ii) above, then,
without prejudice to any rights or remedies of any LC Issuer or any other Lender
hereunder, all letter of credit fees payable under Section 2.10(b) with respect
to such Defaulting Lender’s LC Participation shall be payable to the applicable
LC Issuers until and to the extent that such LC Participation is reallocated
and/or cash collateralized; and

    

    (d)          so
long as such Lender is a Defaulting Lender, the Swing Line Lender shall not be
required to fund any Swing Loan and no LC Issuer shall be required to issue,
amend or increase any Letter of Credit, unless it is satisfied that the related
exposure and the Defaulting Lender’s then outstanding LC Participation will be
100% covered by the Revolving Commitments of the non-Defaulting Lenders and/or
cash collateral will be provided by the Borrower in accordance with Section
2.14(c), and participating interests in any newly made Swing Loan or any newly
issued or increased Letter of Credit shall be allocated among non-Defaulting
Lenders in a manner consistent with Section 2.14(c)(i) (and such Defaulting
Lender shall not participate therein).

    

    If (i) a
Bankruptcy Event with respect to a Lender Parent of any Lender shall occur
following the date hereof and for so long as such event shall continue or (ii)
the Swing Line Lender or any LC Issuer has a good faith belief that any Lender
has defaulted in fulfilling its obligations under one or more other agreements
in which such Lender commits to extend credit, the Swing Line Lender shall not
be required to fund any Swing Loan and no LC Issuer shall be required to issue,
amend or increase any Letter of Credit, unless the Swing Line Lender or such LC
Issuer, as the case may be, shall have entered into arrangements with the
Borrower or such Lender, satisfactory to the Swing Line Lender or such LC
Issuer, as the case may be, to defease any risk to it in respect of such Lender
hereunder.

    
      
         

      

      
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    In the
event that the Administrative Agent, the Borrower, the Swing Line Lender and the
LC Issuer each agrees that a Defaulting Lender has adequately remedied all
matters that caused such Lender to be a Defaulting Lender, then the total Swing
Loan Participations and total LC Participations of the Lenders shall be
readjusted to reflect the inclusion of such Lender’s Revolving Commitment and on
such date such Lender shall purchase at par such of the Loans of the other
Lenders (other than Swing Loans) as the Administrative Agent shall determine may
be necessary in order for such Lender to hold such Loans in accordance with its
Revolving Facility Percentage.

     

    
      	
              Section
      3

            	
              INCREASED COSTS,
      ILLEGALITY AND TAXES

            

    

     

    
      	
               
      

            	
              3.1

            	
              Increased
      Costs, Illegality, etc.

            

    

     

    (a)          In
the event that (y) in the case of clause (i) below, the Administrative
Agent or (z) in the case of clauses (ii) and (iii) below, any Lender,
shall have determined on a reasonable basis that:

     

    (i)           on
any date for determining the interest rate applicable to any Fixed Rate Loan for
any Interest Period that, by reason of any changes arising after the Closing
Date, adequate and fair means do not exist for ascertaining the applicable
interest rate on the basis provided for in this Agreement for such Fixed Rate
Loan; or

     

    (ii)          at
any time, that such Lender shall incur increased costs or reductions in the
amounts received or receivable by it hereunder in an amount that such Lender
deems material with respect to any Fixed Rate Loans (other than any increased
cost or reduction in the amount received or receivable resulting from the
imposition of or a change in the rate of taxes or similar charges) because of
(x) any change since the Closing Date or the time such Lender became a Lender
under this Agreement, whichever is later, in any applicable law, governmental
rule, regulation, guideline, order or request (whether or not having the force
of law, but if not having the force of law, being of a type as to which such
Lender customarily complies), or in the interpretation or administration thereof
and including the introduction of any new law or governmental rule, regulation,
guideline, order or request (such as, for example, but not limited to, a
change in official reserve requirements, but, in all events, excluding reserves
already includable in the interest rate applicable to such Fixed Rate Loan
pursuant to this Agreement); provided however, that
notwithstanding anything herein to the contrary,  the Dodd-Frank Wall
Street Reform and Consumer Protection Act and all requests, rules, guidelines or
directives thereunder or issued in connection therewith shall be deemed to be a
change in law, regardless of the date enacted, adopted or issued or (y) other
circumstances adversely affecting the London interbank market or the position of
such Lender in any such market; or

     

    (iii)        at
any time, that the making or continuance of any Fixed Rate Loan has become
unlawful by compliance by such Lender in good faith with any change since the
Closing Date, or the time such Lender became a Lender under this Agreement,
whichever is later,  in any law, governmental rule, regulation,
guideline or order, or the interpretation or application thereof, or would
conflict with any thereof not having the force of law but with which such Lender
customarily complies, or has become impracticable as a result of a contingency
occurring after the Closing Date that materially adversely affects the London
interbank market;

    
      
         

      

      
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    then, and in each
such event, such Lender (or the Administrative Agent in the case of clause
(i) above) shall give notice (by telephone confirmed in writing) to the
Borrower and to the Administrative Agent of such determination (which notice the
Administrative Agent shall promptly transmit to each of the other
Lenders).  Thereafter (x) in the case of clause (i) above, the
affected Type of Fixed Rate Loans shall no longer be available until such time
as the Administrative Agent notifies the Borrower and the Lenders that the
circumstances giving rise to such notice by the Administrative Agent no longer
exist, and any Notice of Borrowing or Notice of Continuation or Conversion given
by the Borrower with respect to such Type of Fixed Rate Loans that have not yet
been incurred, Converted or Continued shall be deemed rescinded by the Borrower
or, in the case of a Notice of Borrowing other than a Borrowing of Foreign
Currency Loans, shall, at the option of the Borrower, be deemed converted into a
Notice of Borrowing for Base Rate Loans to be made on the date of Borrowing
contained in such Notice of Borrowing, (y) in the case of clause
(ii) above, the Borrower shall pay to such Lender, upon written demand
therefor, such additional amounts (in the form of an increased rate of, or a
different method of calculating, interest or otherwise as such Lender shall
determine) as shall be required to compensate such Lender, for such increased
costs or reductions in amounts receivable hereunder (a written notice as to the
additional amounts owed to such Lender, showing the basis for the calculation
thereof, which basis must be reasonable, submitted to the Borrower by such
Lender shall be rebuttably presumed to be correct) and (z) in the case of clause
(iii) above, the Borrower shall take one of the actions specified in
Section 3.1(b) as promptly as possible and, in any event, within the time
period required by law.

     

    (b)           At
any time that any Fixed Rate Loan is affected by the circumstances described in
Section 3.1(a)(ii) or 3.1(a)(iii), the Borrower may (and in the case
of a Fixed Rate Loan affected pursuant to Section 3.1(a)(iii) the
Borrower shall) either (i) if the affected Fixed Rate Loan is then being
made pursuant to a Borrowing, by giving the Administrative Agent telephonic
notice (confirmed promptly in writing) thereof on the same date that the
Borrower was notified by a Lender pursuant to Section 3.1(a)(ii) or
3.1(a)(iii), cancel such Borrowing, or, in the case of any Borrowing other than
a Borrowing of Foreign Currency Loans, convert the related Notice of Borrowing
into one requesting a Borrowing of Base Rate Loans or require the affected
Lender to make its requested Loan as a Base Rate Loan, or (ii) if the
affected Fixed Rate Loan is then outstanding, upon at least one Business Day’s
notice to the Administrative Agent, require the affected Lender to Convert
each such Fixed Rate Loan into a Base Rate Loan, or, in the case of the affected
Fixed Rate Loan being a Foreign Currency Loan, prepay in full such Foreign
Currency Loan, provided,
however, that if more than one Lender is affected at any time, then all
affected Lenders must be treated the same pursuant to this
Section 3.1(b)

    
      
         

      

      
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    (c)           If
any Lender shall have determined that after the Closing Date or the time such
Lender became a Lender under this Agreement, whichever is later, the adoption of
any applicable law, rule or regulation (i) regarding capital adequacy, or any
change therein, or any change in the interpretation or administration thereof by
any Governmental Authority, central bank or comparable agency charged by law
with the interpretation or administration thereof, or compliance by such Lender
or its parent corporation with any request or directive regarding capital
adequacy (whether or not having the force of law, but if not having the force of
law, only so long as it its generally applied by the Lender to the Lender’s
other customers that are similarly situated) of any such authority, central bank
or comparable agency, in each case made subsequent to the Closing Date or (ii)
that shall subject the Administrative Agent or any Lender to any taxes,
levies, imposts, duties, fees, assessments or other charges (other than (A)
Taxes and (B) 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 it is located or, in the case of
any Lender, in which its Applicable Lending Office is located) on its loans,
letters of credit, commitments, or other obligations, or its deposits, reserves,
other liabilities or capital attributable thereto, has or would have the effect
of reducing by an amount reasonably deemed by such Lender to be material to the
rate of return on such Lender’s or its parent corporation’s capital or assets as
a consequence of such Lender’s commitments or obligations hereunder to a level
below that which such Lender or its parent corporation could have achieved but
for such adoption, effectiveness, change or compliance (taking into
consideration such Lender’s or its parent corporation’s policies with respect to
capital adequacy), then from time to time, the Borrower shall immediately pay to
such Lender such additional amount or amounts as will compensate such Lender or
its parent corporation for such reduction.  Each Lender, upon
determining in good faith that any additional amounts will be payable pursuant
to this Section 3.1(c), will give prompt written notice thereof to the
Borrower, which notice shall set forth, in reasonable detail, the basis of the
calculation of such additional amounts, although the failure to give any such
notice shall not release or diminish any of the Borrower’s obligations to pay
additional amounts pursuant to this Section 3.1(c) upon the subsequent
receipt of such notice.

     

    (d)           Notwithstanding
anything in this Section 3.1 to the contrary, the Borrower shall not be
required to pay any amounts pursuant to this Section 3.1 for any period
ending 180 days or more prior to the demand for payment of such
amount.

     

    
      
        	
              	
                3.2

              	
                Compensation.

              

      

    

     

    The
Borrower shall compensate each Lender (including the Swing Line Lender), upon
its written request (which request shall set forth the detailed basis for
requesting and the method of calculating such compensation), for all losses,
costs, expenses and liabilities (including, without limitation, any loss, cost,
expense or liability incurred by reason of the liquidation or reemployment of
deposits or other funds required by such Lender to fund its Fixed Rate Loans or
Swing Loans and costs associated with foreign currency hedging obligations
incurred by such Lender in connection with any Foreign Currency Loan) which such
Lender may sustain in connection with any of the
following:  (i) if for any reason (other than a default by such
Lender or the Administrative Agent) a Borrowing of Fixed Rate Loans or Swing
Loans does not occur on a date specified therefor in a Notice of Borrowing or a
Notice of Continuation or Conversion (whether or not withdrawn by the Borrower
or deemed withdrawn pursuant to Section 3.1(a)); (ii) if any repayment
or prepayment (whether voluntary or mandatory) or Conversion or Continuation of
any Fixed Rate Loans occurs on a date that is not the last day of an Interest
Period applicable thereto or any Swing Loan is paid prior to the Swing Loan
Maturity Date applicable thereto; (iii) if any prepayment of any of its
Fixed Rate Loans is not made on any date specified in a notice of prepayment
given by the Borrower; or (iv) as a result of an assignment by a Lender of
any Fixed Rate Loan other than on the last day of the Interest Period applicable
thereto pursuant to a request by the Borrower pursuant to
Section 3.5(b).  The written request of any Lender setting forth
any amount or amounts that such Lender is entitled to receive pursuant to this
Section shall be delivered to the Borrower and shall be conclusive absent
manifest error.

    
      
         

      

      
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                3.3

              	
                Net
      Payments.

              

      

    

     

    (a)          Except
as provided for in Section 3.3(b), all payments made by the Borrower
hereunder, under any Note or any other Loan Document, including all payments
made by the Borrower pursuant to its guaranty obligations under Section 10, will
be made free and clear of, and without deduction or withholding for, any present
or future taxes, levies, imposts, duties, fees, assessments or other charges of
whatever nature now or hereafter imposed by any jurisdiction or by any political
subdivision or taxing authority thereof or therein with respect to such payments
(but excluding (i) any tax imposed on or measured by the net income or net
profits of a Lender and franchise taxes imposed on it pursuant to the laws of
the jurisdiction under which such Lender is organized or the jurisdiction in
which the principal office or Applicable Lending Office of such Lender, as
applicable, is located or any subdivision thereof or therein, (ii) any
branch profits tax imposed on any Lender by the United States or by the
jurisdiction of the Lender’s principal office or Applicable Lending Office,
(iii) any tax attributable to Lender’s failure to comply with
Section 3.3(b), if it is legally entitled to do so, (iv) in the case
of a Lender that is not a United States person (as such term is defined in
Section 7701(a)(30) of the Code), any withholding tax that is in effect and
would apply to amounts payable to such Lender at the time it becomes a party to
this Agreement (or designates a new Applicable Lending Office), except to the
extent such Lender (or assignor) was entitled at the time of designation of a
new Applicable Lending Office or assignment to receive additional amounts from
the Borrower with respect to any withholding tax pursuant to this
Section 3.3), or (v) any withholding tax that is imposed pursuant to
Sections 1471 through 1474 of the Code and any current or future regulations or
official interpretations thereof, and all interest, penalties or similar
liabilities with respect to such non-excluded taxes, levies, imposts, duties,
fees, assessments or other charges (all such non-excluded taxes, levies,
imposts, duties, fees, assessments or other charges being referred to
collectively as “Taxes”).  Subject to Section 3.3(b), if any
Taxes are so levied or imposed, the Borrower agrees to pay the full amount of
such Taxes and such additional amounts (including additional amounts to
compensate for withholding on amounts paid pursuant to this Section 3.3) as
may be necessary so that every payment by it of all amounts due hereunder, under
any Note or under any other Loan Document, after withholding or deduction for or
on account of any Taxes will not be less than the amount such Lender would have
received had no deduction, withholding or payment been required or made with
respect to such Taxes.  Subject to Section 3.3(b), the Borrower
will indemnify and hold harmless the Administrative Agent and each Lender, and
reimburse the Administrative Agent or such Lender upon its written request, for
the amount of any Taxes imposed on and paid by such Lender.  The
Borrower will furnish to the Administrative Agent within 45 days after the date
the payment of any Taxes, or any withholding or deduction on account thereof, is
due pursuant to applicable law certified copies of tax receipts, or other
evidence satisfactory to the respective Lender, evidencing such payment by the
Borrower.

    
      
         

      

      
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    (b)          Each
Lender that is not a United States person (as such term is defined in
Section 7701(a)(30) of the Code) for United States federal income tax
purposes and that is entitled to claim an exemption from or reduction in United
States withholding tax with respect to a payment by Borrower agrees to provide
to the Borrower and the Administrative Agent on or prior to the Closing Date, or
in the case of a Lender that is an assignee or transferee of an interest under
this Agreement pursuant to Section 11.6 (unless the respective Lender was
already a Lender hereunder immediately prior to such assignment or transfer and
such Lender is in compliance with the provisions of this Section), on the date
of such assignment or transfer to such Lender, and from time to time thereafter
if required by the Borrower or the Administrative Agent:  two accurate
and complete original signed copies of Internal Revenue Service Forms W-8BEN,
W-8ECI, W-8EXP or W-8IMY (or successor, substitute or other appropriate
forms and, in the case of Form W-8IMY, complete with accompanying Forms
W-8BEN with respect to beneficial owners of the payment) certifying to such
Lender’s entitlement to exemption from or a reduced rate of withholding of
United States withholding tax with respect to payments to be made under this
Agreement, any Note or any other Loan Document, along with any other appropriate
documentation establishing such exemption or reduction (such as statements
certifying qualification for exemption with respect to portfolio
interest).  In addition, each Lender agrees that from time to time
after the Closing Date, when a lapse in time or change in circumstances renders
the previous certification obsolete or inaccurate in any material respect, it
will deliver to the Borrower and the Administrative Agent two new accurate and
complete original signed copies of the applicable Internal Revenue Service Form
establishing such exemption or reduction (such as statements certifying
qualification for exemption with respect to portfolio interest) and any related
documentation as may be required in order to confirm or establish the
entitlement of such Lender to a continued exemption from or reduction in United
States withholding tax if the Lender continues to be so
entitled.  Each Lender that is a United States person (as such
term is defined in Section 7701(a)(30) of the Code) for United States
federal income tax purposes shall deliver to the Borrower and the Administrative
agent, on or prior to the Closing Date, or in the case of a Lender that is an
assignee or transferee of an interest under this Agreement pursuant to
Section 11.6 (unless the respective Lender was already a Lender hereunder
immediately prior to such assignment or transfer and such Lender is in
compliance with the provisions of this Section) two accurate and complete
original signed copies of Internal Revenue Service Form W-9 (or successor,
substitute or other appropriate norm prescribed by the Internal Revenue
Service).  No Lender shall be required by this Section 3.3(b) to
deliver a form or certificate that it is not legally entitled to
deliver.  The Borrower shall not be obligated pursuant to
Section 3.3(a) hereof to pay additional amounts on account of or indemnify
with respect to United States withholding taxes or backup withholding taxes to
the extent that such taxes arise solely due to a Lender’s failure to deliver
forms that it was legally entitled to but failed to delivery under this
Section 3.3(b).  The Borrower agrees to pay additional amounts
and indemnify each Lender in the manner and to the extent set forth in
Section 3.3(a) in respect of any Taxes deducted or withheld by it as a
result of any changes after the Closing Date in any applicable law, treaty,
governmental rule, regulation, guideline or order, or in the interpretation
thereof, relating to the deducting or withholding of income or similar
Taxes.

     

    (c)          If
any Lender becomes aware that it has finally and irrevocably received or been
granted a refund in respect of any Taxes as to which indemnification has been
paid by the Borrower pursuant to this Section 3.3, it shall promptly remit
such refund (including any interest received in respect thereof) to the
Borrower, net of all out-of-pocket costs and expenses), provided, however, that the
Borrower agrees to promptly return any such refund (plus interest) to such
Lender in the event such Lender is required to repay such refund to the relevant
taxing authority and, provided further, that nothing in this
Section 3.3(c) shall require any Lender to make available its tax returns
(or any other information relating to its taxes that it deems
confidential).  Any such Lender shall use commercially reasonable
efforts to provide the Borrower with a copy of any notice of assessment from the
relevant taxing authority (redacting any unrelated confidential information
contained therein) requiring repayment of such refund.  Nothing
contained herein shall impose an obligation on any Lender to apply for any such
refund.

     

    (d)          Each Lender shall severally indemnify
the Administrative Agent for any taxes, levies, imposts, duties, fees,
assessments or other charges
(but, in the case of any Taxes, only to the extent that any Borrower has not
already indemnified the Administrative Agent for such Taxes and without limiting
the obligation of the Borrower to do so) and the Borrower for any excluded
taxes, levies,
imposts, duties, fees, assessments or other charges described in Section 3.3(a), in each
case attributable to such Lender that are paid or payable by the Administrative
Agent or the Borrower in connection with any Loan Document and any
reasonable expenses
arising therefrom or with respect thereto, whether or not such taxes,
levies, imposts, duties, fees, assessments or other charges were correctly or legally imposed or
asserted by the relevant Governmental Authority. The indemnity under this
Section 3.3(d) shall be
paid within ten (10) days after the Administrative Agent or the Borrower (as
applicable) delivers to the applicable Lender a certificate stating the amount
of taxes, levies, imposts, duties, fees, assessments or other
charges so paid or payable by the Administrative Agent
or the Borrower (as applicable). Such certificate shall be conclusive of the
amount so paid or payable absent manifest error.

    
      
         

      

      
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                3.4

              	
                Increased Costs to LC
      Issuers.

              

      

    

     

    If after
the Closing Date or the time such Lender became a Lender under this Agreement,
whichever is later, the adoption of any applicable law, rule or regulation, or
any change therein, or any change in the interpretation or administration
thereof by any Governmental Authority, central bank or comparable agency charged
with the interpretation or administration thereof, or compliance by any LC
Issuer or any Lender with any request or directive (whether or not having the
force of law, but if not having the force of law, being of a type as to which
such Lender customarily complies) by any such authority, central bank or
comparable agency (in each case made subsequent to the Closing Date) shall
either (i) impose, modify or make applicable any reserve, deposit, capital
adequacy or similar requirement against Letters of Credit issued by such LC
Issuer or such Lender’s participation therein, (ii) shall impose on such LC
Issuer or any Lender any other conditions affecting this Agreement, any Letter
of Credit or such Lender’s participation therein, or (iii) that shall subject
any LC Issuer to any taxes, levies, imposts, duties, fees, assessments or other
charges (other than (A) Taxes and (B) 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) on its letters
of credit, commitments, or other obligations, or its deposits, reserves, other
liabilities or capital attributable thereto; and the result of any of the
foregoing is to increase the cost to such LC Issuer or such Lender of issuing,
maintaining or participating in any Letter of Credit, or to reduce the amount of
any sum received or receivable by such LC Issuer or such Lender hereunder (other
than any increased cost or reduction in the amount received or receivable
resulting from the imposition of or a change in the rate of taxes or similar
charges), then, upon demand to the Borrower by such LC Issuer or such Lender (a
copy of which notice shall be sent by such LC Issuer or such Lender to the
Administrative Agent), the Borrower shall pay to such LC Issuer or such Lender
such additional amount or amounts as will compensate any such LC Issuer or such
Lender for such increased cost or reduction.  A certificate submitted
to the Borrower by any LC Issuer or any Lender, as the case may be (a copy of
which certificate shall be sent by such LC Issuer or such Lender to the
Administrative Agent), setting forth, in reasonable detail, the basis for the
determination of such additional amount or amounts necessary to compensate any
LC Issuer or such Lender as aforesaid.  Such certificate shall be
conclusive absent manifest error, although the failure to deliver any such
certificate shall not release or diminish the Borrower’s obligations to pay
additional amounts pursuant to this Section 3.4.  Notwithstanding
anything in this Section 3.4 to the contrary, the Borrower shall not be
required to pay any amounts pursuant to this Section 3.4 for any period
ending 270 days or more prior to the demand for payment of such
amount.

     

    
      
        	
              	
                3.5

              	
                Change of Lending
      Office; Replacement of Lenders.

              

      

    

     

    (a)          Each
Lender agrees that, upon the occurrence of any event giving rise to the
operation of Sections 3.1(a)(ii) or 3.1(a)(iii), 3.1(c), 3.3 or 3.4
requiring the payment of additional amounts to the Lender, such Lender will, if
requested by the Borrower, use reasonable efforts (subject to overall policy
considerations of such Lender) to designate another Applicable Lending Office
for any Loans or Revolving Commitments affected by such event; provided, however, that such
designation is made on such terms that such Lender and its Applicable Lending
Office suffer no economic, legal or regulatory disadvantage deemed by such
Lender to be material, with the object of avoiding the consequence of the event
giving rise to the operation of any such Section.

    
      
         

      

      
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    (b)          If
(i) any Lender requests any compensation, reimbursement or other payment
under Sections 3.1(a)(ii) or 3.1(a)(iii), 3.1(c), 3.3 or 3.4 with
respect to such Lender or becomes a Defaulting Lender, or (ii) the Borrower
is required to pay any additional amount to any Lender or Governmental Authority
pursuant to Section 3.3, then the Borrower may, at its sole expense and
effort, upon notice to such Lender and the Administrative Agent, require such
Lender to assign and delegate, without recourse (in accordance with the
restrictions contained in Section 11.6(c)), all its interests, rights and
obligations under this Agreement to an Eligible Assignee that shall assume such
obligations; provided,
however, that such Lender shall have received payment of an amount equal
to the outstanding principal of its Loans, accrued interest thereon, accrued
fees and all other amounts payable to it hereunder, from the assignee (to the
extent of such outstanding principal and accrued interest and fees) or the
Borrower (in the case of all other amounts.  including any breakage
compensation under Section 3.2 hereof).  A Lender shall not be
required to make any such assignment and delegation if, prior thereto, as a
result of a waiver by such Lender or otherwise, the circumstances entitling the
Borrower to require such assignment and delegation cease to
apply.  Nothing in this Section 3.5 shall affect or postpone any
of the obligations of the Borrower or the right of any Lender provided in
Sections 3.1, 3.3 or 3.4.

     

    
      	
              Section
      4

            	
              CONDITIONS
      PRECEDENT

            

    

     

    
      
        	 	
                4.1

              	
                Conditions Precedent
      at Closing Date.

              

      

    

     

    The
obligation of the Lenders to make Loans, and of any LC Issuer to issue Letters
of Credit, is subject to the satisfaction or waiver of each of the following
conditions on or prior to the Closing Date:

     

    (i)           Credit
Agreement.  This Agreement shall have been executed by
Holdings, the Borrower, the Administrative Agent, each LC Issuer and each of the
Lenders.

     

    (ii)          Notes.  The
Borrower shall have executed and delivered to the Administrative Agent the
appropriate Note or Notes for the account of each Lender that has requested the
same.

     

    (iii)        Borrowing
Requests.  The Administrative Agent shall have received a completed
Notice of Borrowing from the Borrower for the Borrowings to be made on the
Closing Date in accordance with the terms of Section 2.5, and the extent
any Letters of Credit are to be issued on the Closing Date, a completed LC
Request in accordance with the terms of Section 2.4(b);

     

    (iv)          Parent
Guaranty.  Holdings shall have duly executed and delivered the
Parent Guaranty, substantially in the form attached hereto as Exhibit
C-1.

    
      
         

      

      
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    (v)           Subsidiary
Guaranty.  The Subsidiary Guarantors shall have duly executed
and delivered the Subsidiary Guaranty, substantially in the form attached hereto
as Exhibit C-2.

     

    (vi)         Security Agreement; Related
Documents.  Holdings, the Borrower and each Subsidiary
Guarantor shall have duly executed and delivered the Security Agreement,
substantially in the form attached hereto as Exhibit C-3, and shall have
executed and delivered the IP Security Agreements required pursuant to the terms
of the Security Agreement, each of which shall be in form and substance
satisfactory to the Administrative Agent.

     

    (vii)        Fees and Fee
Letter.  The Borrower shall have (A) executed and delivered to
the Administrative Agent, the Administrative Agent Fee Letter and shall have
paid to the Administrative Agent, for its own account, the fees required to be
paid by it on the Closing Date pursuant to the Administrative Agent Fee Letter,
and (B) paid or caused to be paid all reasonable fees and expenses of the
Administrative Agent and of special counsel to the Administrative Agent that
have been invoiced on or prior to the Closing Date in connection with the
preparation, execution and delivery of this Agreement and the other Loan
Documents and the consummation of the transactions contemplated hereby and
thereby.

     

    (viii)       Payoff of Existing Debt;
Release of Liens.  The
Administrative Agent shall have received (i) a payoff letter, in form and
substance reasonably satisfactory to the Administrative Agent, pursuant to which
any existing Indebtedness that is to be paid on the Closing Date (including the
outstanding Indebtedness under the Existing Credit Agreement other than the
Existing Letters of Credit) will be paid in full, (ii) evidence reasonably
satisfactory to the Administrative Agent that all such existing Indebtedness has
been repaid in full by the Credit Parties or will be repaid in full with the
proceeds of the initial Loans made on the Closing Date and (iii) evidence
reasonably satisfactory to the Administrative Agent that all necessary
termination statements, satisfaction documents and any other applicable releases
in connection with any such existing Indebtedness (including the Existing Credit
Agreement) and all other Liens with respect to each Credit Party or any
Subsidiary thereof that are not Liens permitted by
Section 7.3 (including any existing mortgages against any of the Real
Properties of the Credit Parties) have been filed or arrangements reasonably
satisfactory to the Administrative Agent have been made for such
filing.

     

    (ix)          [Reserved].

     

    (x)           Corporate Resolutions and
Approvals.  The Administrative Agent shall have received
certified copies of the resolutions of the Board of Directors of each Credit
Party, approving the Loan Documents to which such Credit Party is or may become
a party, and of all documents evidencing other necessary corporate action and
governmental approvals, if any, with respect to the execution, delivery and
performance by such Credit Party of the Loan Documents to which it is or may
become a party.

    
      
         

      

      
        62

        
          

        

      

      
         

      

    

    (xi)       
    Incumbency
Certificates.  The Administrative Agent shall have received a
certificate of the Secretary or an Assistant Secretary (or an Authorized Officer
if a Secretary or Assistant Secretary is not available) of each Credit Party,
certifying the names and true signatures of the officers of such Credit Party
authorized to sign the Loan Documents to which such Credit Party is a party and
any other documents to which such Credit Party is a party that may be executed
and delivered in connection herewith.

     

    (xii)           Opinions of
Counsel.  The Administrative Agent shall have received such
opinions of counsel from counsel to the Credit Parties as the Administrative
Agent shall reasonably request, each of which shall be addressed to the
Administrative Agent and each of the Lenders and dated the Closing Date and in
form and substance reasonably satisfactory to the Administrative
Agent.

     

    (xiii)          Recordation of Security
Documents, Delivery of Collateral, Taxes, etc.  Other than the
IP Security Agreements, which will be recorded by the Administrative Agent
promptly following the Closing Date, the Security Documents (or proper notices
or UCC financing statements in respect thereof) shall have been duly recorded,
published and filed in such manner and in such places as is required by law to
establish, perfect, preserve and protect the rights, Liens and security
interests of the parties thereto and their respective successors and assigns
under United States law, all Collateral items required to be physically
delivered to the Administrative Agent thereunder shall have been so delivered,
accompanied by any appropriate instruments of transfer (or arrangements
satisfactory to the Administrative Agent for such delivery shall be in place),
and all taxes, fees and other charges then due and payable in connection with
the execution, delivery, recording, publishing and filing of such instruments
and the issuance of the Obligations and the delivery of the Notes shall have
been paid in full.

     

    (xiv)           Perfection
Certificate.  The Administrative Agent shall have received a
Perfection Certificate for each Credit Party, executed by an Authorized Officer
of such Credit Party, substantially in the form of Exhibit I.

     

    (xv)         
  Evidence
of Insurance.  The Administrative Agent shall have received
certificates of insurance and other evidence, reasonably satisfactory to it, of
compliance with the insurance requirements of this Agreement and the Security
Documents.

     

    (xvi)           Search
Reports.  The Administrative Agent shall have received the
results of UCC, federal and state tax and judgment lien, civil suit and other
search reports as may be requested by the Administrative Agent from one or more
commercial search firms reasonably acceptable to the Administrative
Agent.

     

    (xvii)         [Reserved].

     

    
      
        
        

      

      
        63

        
          

        

      

      
        
        

      

    

     

    (xviii)        Corporate Charter and Good
Standing Certificates.  The Administrative Agent shall have
received:  (A) a certified copy of the Certificate of Incorporation or
equivalent formation document of each Credit Party and any and all amendments
and restatements thereof, certified as of a recent date by the relevant
Secretary of State; (B) a copy of the By-Laws, Code of Regulations or Operating
Agreement (or equivalent document) of each Credit Party certified by an
Authorized Officer of such Credit Party as being true and correct; (C) a good
standing certificate from the Secretary of State of the state of incorporation,
dated as of a recent date, listing all charter documents affecting such
Credit Party, other than All Power Manufacturing Company (which certificate is
being delivered after the Closing Date), and certifying as to the good standing
of such Credit Party; and (D) certificates of good standing from each other
jurisdiction in which each Credit Party is authorized or qualified to do
business, except for jurisdictions for which the absence of good standing could
not reasonably be expected to have a Material Adverse Effect.

     

    (xix)          Closing
Certificate.  The
Administrative Agent shall have received a certificate substantially in the form
of Exhibit E hereto, dated the Closing Date, of an Authorized Officer of the
Borrower to the effect that, at and as of the Closing Date and both before and
after giving effect to the initial Borrowings hereunder and the application of
the proceeds thereof:  (A) no Default or Event of Default has occurred
or is continuing; and (B) all representations and warranties of the Credit
Parties contained herein and in the other Loan Documents are true and correct in
all material respects as of the Closing Date.

     

    (xx)         
Solvency
Certificate.  The Administrative Agent shall have received a
solvency certificate substantially in the form attached hereto as Exhibit F,
dated as of the Closing Date, and executed by the Chief Financial Officer of
Holdings.

     

    (xxi)          Pro Forma Compliance
Certificate.  The Administrative Agent shall have received, an
executed pro forma Compliance Certificate, dated the Closing Date.

     

    (xxii)         No Material Adverse
Effect.  Since April 3, 2010 there shall not have occurred any
effect or condition that has had or could reasonably be expected to have a
Material Adverse Effect.

     

    (xxiii)        No
Litigation.  There shall not exist any action, suit,
investigation or proceeding pending or threatened in any court or before any
arbitrator or Governmental Authority that purports to materially and adversely
affect the ability of any Credit Party or any Subsidiary of any Credit Party to
perform its respective obligations under the Loan Documents to which it is a
party.

     

    (xxiv)         [Reserved]:

     

    (xxv)          Proceedings and
Documents.  All corporate and other proceedings and all
documents in each case incidental to the transactions contemplated hereby shall
be reasonably satisfactory in substance and form to the Administrative Agent and
the Lenders and the Administrative Agent and its special counsel and the Lenders
shall have received all such counterpart originals or certified or other copies
of such documents as the Administrative Agent or its special counsel or any
Lender may reasonably request.

     

    
      
        
        

      

      
        64

        
          

        

      

      
        
        

      

    

     

    
      	
               
      

            	
              4.2

            	
              Conditions Precedent
      to All Credit Events.

            

    

     

    The
obligations of the Lenders, the Swing Line Lender and of each LC Issuer to make
or participate in each Credit Event are subject, at the time thereof, to the
satisfaction or waiver of the following conditions:

     

    (a)           Notice.

     

    The
Administrative Agent (and in the case of subpart (iii) below, the
applicable LC Issuer) shall have received, as applicable, (i) a Notice of
Borrowing meeting the requirements of Section 2.5(b), with respect to any
Borrowing (other than a Continuation or Conversion), (ii) a Notice of
Continuation or Conversion meeting the requirements of Section 2.9(b) with
respect to a Continuation or Conversion, or (iii) an LC Request meeting the
requirement of Section 2.4(b) with respect to each LC
Issuance.

     

    (b)           No
Default; Representations and Warranties.

     

    At the
time of each Credit Event and also after giving effect thereto and the
application of the proceeds thereof, (i) there shall exist no Default or
Event of Default and (ii) all representations and warranties of the Credit
Parties contained herein or in the other Loan Documents shall be true and
correct in all material respects with the same effect as though such
representations and warranties had been made on and as of the date of such
Credit Event, except to the extent that such representations and warranties
expressly relate to an earlier specified date, in which case such
representations and warranties shall have been true and correct in all respects
as of the date when made.

     

    The
acceptance of the benefits of each Credit Event shall constitute a
representation and warranty by the Borrower to the Administrative Agent, the
Swing Line Lender, each LC Issuer and each of the Lenders that all of the
applicable conditions specified in Section 4.1 and Section 4.2 have
been satisfied or waived as of the times referred to in such
Sections.

     

    
      	
              Section
5

            	
              REPRESENTATIONS
      AND WARRANTIES

            

    

     

    In order
to induce the Administrative Agent, the Lenders and each LC Issuer to enter into
this Agreement and to make the Loans and to issue and to participate in the
Letters of Credit provided for herein, each of Holdings and the Borrower makes
the following representations and warranties to, and agreements with, the
Administrative Agent, the Lenders and each LC Issuer, all of which shall survive
the execution and delivery of this Agreement and each Credit Event:

     

    
      	
               
      

            	
              5.1

            	
              Corporate
      Status.

            

    

     

    Each
Credit Party and each of its Subsidiaries (i) (a) is a duly organized or
formed and validly existing corporation, partnership or limited liability
company, as the case may be, in good standing or in full force and effect under
the laws of the jurisdiction of its organization and (b) has the corporate,
partnership or limited liability company power and authority, as applicable, to
own its property and assets and to transact the business in which it is engaged,
except to the extent the failure to have such power and authority would not
result in a Material Adverse Effect; and (ii) has been duly qualified and
is authorized to do business in all jurisdictions where it is required to be so
qualified or authorized except where the failure to be so qualified or
authorized could not reasonably be expected to have a Material Adverse
Effect.  Schedule 5.1 hereto lists, as of the Closing Date, each
Subsidiary of Holdings (and the direct and indirect ownership interest of
Holdings therein).

     

    
      
        
        

      

      
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              5.2

            	
              Corporate Power and
      Authority.

            

    

     

    Each
Credit Party has the corporate or other organizational power and authority to
execute, deliver and carry out the terms and provisions of the Loan Documents to
which it is party and has taken all necessary corporate or other organizational
action to authorize the execution, delivery and performance of the Loan
Documents to which it is party.  Each Credit Party has duly executed
and delivered each Loan Document to which it is party and each Loan Document to
which it is party constitutes the legal, valid and binding agreement and
obligation of such Credit Party enforceable in accordance with its terms, except
to the extent that the enforceability thereof may be limited by applicable
bankruptcy, insolvency, reorganization, moratorium or other similar laws
generally affecting creditors’ rights and by equitable principles (regardless of
whether enforcement is sought in equity or at law).

     

    
      	
               
      

            	
              5.3

            	
              No
      Violation.

            

    

     

    Neither
the execution, delivery and performance by any Credit Party of the Loan
Documents to which it is party nor compliance with the terms and provisions
thereof (i) will contravene any material provision of any law, statute,
rule, regulation, order, writ, injunction or decree of any Governmental
Authority applicable to such Credit Party or its properties and assets,
(ii) will conflict with or result in any breach of, any of the terms,
covenants, conditions or provisions of, or constitute a default under, or result
in the creation or imposition of (or the obligation to create or impose) any
Lien (other than the Liens created pursuant to the Security Documents) upon any
of the property or assets of such Credit Party pursuant to the terms of any
material promissory note, bond, debenture, indenture, mortgage, deed of trust,
credit or loan agreement, or any other material agreement or other instrument,
to which such Credit Party is a party or by which it or any of its property or
assets are bound or to which it may be subject, or (iii) will violate any
provision of the Organizational Documents of such Credit Party.

     

    
      	
               
      

            	
              5.4

            	
              Governmental
      Approvals.

            

    

     

    No
material order, consent, approval, license, authorization, or validation of, or
filing, recording or registration with, or exemption by, any Governmental
Authority is required to authorize or is required as a condition to (i) the
execution, delivery and performance by any Credit Party of any Loan Document to
which it is a party or any of its obligations thereunder, or (ii) the
legality, validity, binding effect or enforceability of any Loan Document to
which any Credit Party is a party, except the filing and recording of financing
statements and other documents necessary in order to perfect the Liens created
by the Security Documents.

     

    
      	
               
      

            	
              5.5

            	
              Litigation.

            

    

     

    There are
no actions, suits or proceedings pending or, to, the knowledge of the Credit
Parties, threatened with respect to any Credit Party or any Subsidiary thereof
(i) that have had, or could reasonably be expected to have, a Material
Adverse Effect, or (ii) that question the validity or enforceability of any
of the Loan Documents, or of any action to be taken by the Borrower or any of
the other Credit Parties pursuant to any of the Loan
Documents.  Schedule 5.5 hereto sets forth, as of the Closing Date,
all actions, suits or proceedings pending or, to the knowledge of any Credit
Party, threatened with respect to any Credit Party or any of its Subsidiaries,
none of which items set forth on such Schedule 5.5 could reasonably be expected
to have a Material Adverse Effect.

     

    
      
        
        

      

      
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              5.6

            	
              Use of
      Proceeds:  Margin Regulations.

            

    

     

    (a)           The
proceeds of all Loans and LC Issuances shall be used by the Borrower to repay
the Indebtedness of the Borrower and its Subsidiaries under the Existing Credit
Agreement, for Permitted Acquisitions, to make regularly scheduled payments of
interest on the Parent Equity-Linked Securities to the extent that such
prepayments are permitted hereto, and proceeds of Loans are permitted to be used
therefor, pursuant to Section 7.7(c)(ii) and to provide working
capital and funds for general corporate purposes of the Borrower and its
Subsidiaries (including the making of capital expenditures), in each case, not
inconsistent with the terms of this Agreement  (including
Section 5.12).

     

    (b)           No
part of the proceeds of any Credit Event will be used directly or indirectly to
purchase or carry Margin Stock, or to extend credit to others for the purpose of
purchasing or carrying any Margin Stock, in violation of any of the provisions
of Regulations T, U or X of the Board of Governors of the Federal Reserve
System.  Borrower is not engaged in the business of extending credit
for the purpose of purchasing or carrying any Margin Stock.  At no
time would more than 25% of the value of the assets of Holdings or of Holdings
and its consolidated Subsidiaries that are subject to any “arrangement” (as such
term is used in Section 221.2(g) of such Regulation U) hereunder be
represented by Margin Stock.

     

    
      	
               
      

            	
              5.7

            	
              Financial
      Statements.

            

    

     

    (a)           Holdings
has furnished to the Administrative Agent and the Lenders complete and correct
copies of the Financial Statements.  The Financial Statements have
been prepared in accordance with GAAP, consistently applied, and fairly present
in all material respects the financial position of Holdings and its Subsidiaries
as of the respective dates indicated and the consolidated (or if applicable,
consolidated and consolidating) results of their respective operations and cash
flows for the respective periods indicated, subject in the case of any such
financial statements that are unaudited, to normal audit
adjustments.  Holdings and its Subsidiaries did not have, as of the
date of the latest financial statements referred to above, and will not have as
of the Closing Date after giving effect to the incurrence of Loans or LC
Issuances hereunder, any material or significant contingent liability or
liability for taxes, long-term leases or unusual forward or long-term
commitments not reflected in the foregoing financial statements or the notes
thereto in accordance with GAAP and that in any such case is material in
relation to the business, operations, properties, assets, financial or other
condition or prospects of Holdings and its Subsidiaries.

     

    (b)           The
financial projections of Holdings and its Subsidiaries for the fiscal year 2011
prepared by Holdings and delivered to the Administrative Agent and the Lenders
by the Borrower (the “Financial Projections”) were prepared on behalf of the
Borrower in good faith after taking into account historical levels of
business activity and reasonable estimates and assumptions of future financial
performance of Holdings and its Subsidiaries. No facts not reflected in the
Financial Projections are known to Holdings or the Borrower as of the Closing
Date which, if reflected to the Financial Projections, could reasonably be
expected to result in a material adverse change in the assets, liabilities,
results of operations or cash flows reflected therein, it being understood that
the Financial Projections are not a guaranty of future performance or
results.

     

    
      
        
        

      

      
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              5.8

            	
              Solvency.

            

    

     

    Each
Credit Party has received consideration that is the reasonable equivalent value
of the obligations and liabilities that such Credit Party has incurred to the
Administrative Agent, each LC Issuer and the Lenders under the Loan
Documents.  The Borrower individually, and the Credit Parties taken as
a whole, now have capital sufficient to carry on their business and transactions
and all business and transactions in which they are about to engage and are now
solvent and able to pay their debts as they mature.  The Borrower
individually, and the Credit Parties taken as a whole, own property having a
value, both at fair valuation and at present fair salable value, greater than
the amount required to pay the Borrower’s or such the Credit Parties’ debts, as
applicable.  No Credit Party is entering into the Loan Documents with
the intent to hinder, delay or defraud its creditors.  For purposes of
this Section, “debt” means any liability on a claim, and “claim” means (x) right
to payment whether or not such a right is reduced to judgment, liquidated,
unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed,
legal, equitable, secured or unsecured; or (y) right to an equitable remedy
for breach of performance if such breach gives rise to a payment, whether or not
such right to an equitable remedy is reduced to judgment, fixed, contingent,
matured, unmatured, disputed, undisputed, secured or unsecured.

     

    
      	
               
      

            	
              5.9

            	
              No Material Adverse
      Change.

            

    

     

    Since
April 3, 2010, there has been no change in the financial condition, business or
affairs of Holdings and its Subsidiaries taken as a whole, or their properties
and assets considered as an entirety, except for changes none of
which, individually or in the aggregate, has had or could reasonably be expected
to have, a Material Adverse Effect.

     

    
      	
               
      

            	
              5.10

            	
              Tax Returns and
      Payments.

            

    

     

    Each
Credit Party and each of its Subsidiaries has filed all United States federal
income tax returns and all other tax returns, domestic and foreign, required to
be filed by it and has paid all taxes and assessments payable by it that have
become due, other than those not yet delinquent and except for those contested
in good faith for which adequate reserves have been established as are required
by GAAP.  Each Credit Party and each of its Subsidiaries has
established on its books such charges, accruals and reserves in respect of
taxes, assessments, fees and other governmental charges for all fiscal periods
as are required by GAAP.

     

    
      	
               
      

            	
              5.11

            	
              Title
      to Properties, etc.

            

    

     

    Each
Credit Party and each of its Subsidiaries has good and marketable title, in the
case of Real Property, and good title (or valid Leaseholds, in the case of any
leased property, or license or, to the knowledge of any Credit Party, other
right to use, in the case of any Intellectual Property), in the case of all
other property, to all of its properties and assets reflected in its most recent
balance sheets free and clear of Liens other than Permitted Liens.

     

    
      	
               
      

            	
              5.12

            	
              Lawful
      Operations, etc.

            

    

     

    Each
Credit Party and each of its Subsidiaries:  (i) holds all
necessary foreign, federal, state, local and other governmental licenses,
registrations, certifications, permits and authorizations necessary to conduct
its business; and (ii) is in full compliance with all requirements imposed
by law, regulation or rule, whether foreign, federal, state or local, that are
applicable to it, its operations, or its properties and assets, except, in the
case of each of clauses (i) and (ii) above, for any failure to obtain
and maintain in effect, or noncompliance, that, individually or in the
aggregate, could not reasonably be expected to have a Material Adverse
Effect.

     

    
      
        
        

      

      
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              5.13

            	
              Environmental
      Matters.

            

    

     

    (a)           Each
Credit Party and each of its Subsidiaries is in compliance with all applicable
Environmental Laws, except for any noncompliance that could not reasonably be
expected to result in a Material Adverse Effect and that could not reasonably be
expected to result in liabilities (singly or in the aggregate) in excess of
$7,500,000.  All material licenses, permits, registrations or
approvals required for the conduct of the business of each Credit Party and its
Subsidiaries under any Environmental Law have been secured or have an
outstanding, timely application and such Credit Party and its Subsidiaries is in
material compliance therewith.  No Credit Party nor any of its
Subsidiaries has received written notice, or otherwise knows, that it is in any
respect in material noncompliance with, breach of or default under any
applicable writ, order, judgment, injunction, or decree to which such Credit
Party or such Subsidiary is a party, in each case, that could reasonably be
expected to result in a Material Adverse Effect or that could reasonably be
expected to result in liabilities (singly or in the aggregate) in excess of
$7,500,000.  There are no material Environmental Claims pending or, to
the knowledge of any Credit Party, threatened, that could reasonably be expected
to result in a Material Adverse Effect or that could reasonably be expected to
result in liabilities (singly or in the aggregate) in excess of
$7,500,000.

     

    (b)           Hazardous
Materials have not at any time been (i) generated, used, treated or stored
on any Real Property of any Credit Party or any of its Subsidiaries or
(ii) released on any such Real Property, in each case where such occurrence
or event was conducted such Credit Party or any of its Subsidiaries is not in
compliance with Environmental Laws and is reasonably likely to have a Material
Adverse Effect or that could reasonably be expected to result in liabilities
(singly or in the aggregate) in excess of $7,500,000.

     

    
      	
               
      

            	
              5.14

            	
              Compliance with
      ERISA.

            

    

     

    Each
Credit Party and each of its Subsidiaries and each ERISA Affiliate (i) has
fulfilled all material obligations under the minimum funding standards of ERISA
and the Code with respect to each Plan that is not a Multiemployer Plan or a
Multiple Employer Plan, (ii) has satisfied all material contribution
obligations in respect of each Multiemployer Plan and each Multiple Employer
Plan and has not partially or totally ceased contributing to any Multiemployer
Plan within five years of the Closing Date, (iii) is in compliance in all
material respects with all other applicable provisions of ERISA and the Code
with respect to each Plan and (iv) has not incurred any unsatisfied
material liability under Title IV of ERISA (other than required premium payments
to the PBGC) with respect to any such Plan, or any trust established
thereunder.  No Plan (other than a Multiemployer Plan) or trust
created thereunder has been terminated, and there have been no Reportable
Events, with respect to any Plan or trust created thereunder, which termination
or Reportable Event will or could reasonably be expected to give rise to a
material liability of any Credit Party or any Subsidiary in respect
thereof.  No Credit Party nor any Subsidiary of any Credit Party has
any contingent liability with respect to any post-retirement “welfare benefit
plan” (as such term is defined in ERISA) that could reasonably be expected to
result in liabilities of the Credit Parties in excess of $15,000,000 in the
aggregate for all such events.

     

    
      
        
        

      

      
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              5.15

            	
              Investment Company
      Act, Certain Other Laws.

            

    

     

    No Credit
Party nor any of its Subsidiaries is subject to regulation with respect to the
creation or incurrence of Indebtedness under the Investment Company Act of 1940,
as amended, the Interstate Commerce Act, as amended, the Federal Power Act, as
amended or any applicable state public utility law.

     

    
      	
               
      

            	
              5.16

            	
              Insurance.

            

    

     

    Each
Credit Party and each of its Subsidiaries maintains insurance coverage by such
insurers and in such forms and amounts and against such risks as are generally
consistent with industry standards and in each case in compliance with the terms
of Section 6.3.

     

    
      	
               
      

            	
              5.17

            	
              Security
      Interests.

            

    

     

    The
Security Documents create, as security for the Secured Obligations (as defined
in the Security Agreement), valid and enforceable, and upon making the filings
and recordings referenced in the next sentence (within the time periods
prescribed by applicable law), perfected, security interests in and Liens on all
of the Collateral under United States law (to the extent perfection may be
achieved under applicable law by such filings and recordings) subject thereto
from time to time, in favor of the Administrative Agent for the benefit of the
Secured Creditors (as defined in the Security Agreement), superior to and prior
to the rights of all third persons and subject to no other Liens, except for Permitted Liens;
provided, however, that additional
filings may be required to perfect the security interests in and Liens on any
Copyright, Patent or Trademark acquired by the Credit Parties after the Closing
Date.  No filings or recordings are required in order to perfect the
security interests created under any Security Document under United States law
except for filings or recordings required in connection with any such Security
Document that shall have been made, or for which satisfactory arrangements have
been made, upon or prior to the execution and delivery thereof; provided that it is
understood and agreed that the IP Security Agreements executed and delivered on
the Closing Date will be recorded by the Administrative Agent promptly
thereafter; provided, further,
that additional filings may be required to perfect the security interests
in and Liens on any Copyright, Patent or Trademark acquired by the Credit
Parties after the Closing Date.  Except with respect to the IP
Security Agreements executed and delivered on the Closing Date, all recording,
stamp, intangible or other similar taxes required to be paid by any Person under
applicable legal requirements or other laws applicable to the property
encumbered by the Security Documents in connection with the execution, delivery,
recordation, filing, registration, perfection or enforcement thereof have been
paid.

     

    
      	
               
      

            	
              5.18

            	
              True and Complete
      Disclosure.

            

    

     

    All
factual information heretofore or contemporaneously required to be furnished by
each Credit Party or any of its Subsidiaries to the Administrative Agent or any
Lender for purposes of or in connection with this Agreement or any transaction
contemplated herein, other than the Financial Projections (as to which
representations are made only as provided in Section 5.7(b)), is, and all
other such factual information hereafter furnished by or on behalf of such
Person to the Administrative Agent or any Lender in connection with this
Agreement will be, true and accurate in all material respects on the date as of
which such information is dated or certified and not incomplete by omitting to
state any material fact necessary to make such information not misleading in any
material respect at such time in light of the circumstances under which such
information was provided.

     

    
      
        
        

      

      
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              5.19

            	
              Defaults.

            

    

     

    No
Default or Event of Default exists as of the Closing Date hereunder, nor will
any Default or Event of Default begin to exist immediately after the execution
and delivery hereof.

     

    
      	
               
      

            	
              5.20

            	
              Status of
      Holdings.

            

    

     

    As of the
Closing Date, Holdings has not engaged in any trade or business and has not
incurred any Indebtedness other than holding, managing and directing its equity
and debt positions in the Borrower and performing its obligations under existing
arrangements with its stockholders and taking actions incident
thereto.

     

    
      	
               
      

            	
              5.21

            	
              Anti-Terrorism Law
      Compliance.

            

    

     

    No Credit
Party nor any of its Subsidiaries is in violation of any law or regulation, or
identified in any list of any government agency (including, without limitation,
the U.S. Office of Foreign Asset Control list, Executive Order No. 13224 or the
USA Patriot Act), that prohibits or limits the conduct of business with or the
receiving of funds, goods or services to or for the benefit of certain Persons
specified therein or that prohibits or limits any Lender or LC Issuer from
making any advance or extension of credit to the Borrower or from otherwise
conducting business with the Credit Parties.

     

    
      	
              Section
6

            	
              AFFIRMATIVE
      COVENANTS

            

    

     

    Each of
Holdings and the Borrower hereby covenants and agrees that on the Closing Date
and thereafter so long as this Agreement is in effect and until such time as the
Revolving Commitments have been terminated, no Notes remain outstanding and the
Loans, together with interest, Fees and all other Obligations (other than
contingent indemnification obligations not yet due and payable) incurred
hereunder and under the other Loan Documents, have been paid in full in
cash:

     

    
      	
               
      

            	
              6.1

            	
              Reporting
      Requirements.

            

    

     

    The
Borrower will furnish to the Administrative Agent (who shall promptly provide a
copy to each Lender in accordance with Section 11.5(c)
hereof):

     

    (a)          Annual
Consolidated Financial Statements.

     

    As soon
as available and in any event within 90 days after the close of each fiscal year
of Holdings, the consolidated balance sheets of Holdings and its consolidated
Subsidiaries as at the end of such fiscal year and the related consolidated
statements of income, of stockholders’ equity and of cash flows for such fiscal
year, and in the case of such consolidated financial statements, setting forth
comparative figures for the preceding fiscal year, all in reasonable detail and
accompanied by the opinion with respect to such consolidated financial
statements of independent public accountants of at least regional standing
selected by Holdings and reasonably acceptable to the Administrative Agent, and
such consolidated statements shall (A) contain an unqualified opinion and state
that such accountants audited such consolidated financial statements in
accordance with generally accepted auditing standards, that such accountants
believe that such audit provides a reasonable basis for their opinion, and that
in their opinion such consolidated financial statements present fairly, in all
material respects, the consolidated financial position of Holdings and its
consolidated subsidiaries as at the end of such fiscal year and the consolidated
results of their operations and cash flows for such fiscal year in conformity
with generally accepted accounting principles, and setting forth comparative
figures for the preceding fiscal year, or (B) contain such statements as are
customarily included in unqualified reports of independent accountants in
conformity with the recommendations and requirements of the American Institute
of Certified Public Accountants (or any successor organization).

     

    
      
        
        

      

      
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    (b)          Annual
Consolidating Financial Statements.

     

    As soon
as available and in any event within 90 days after the close of each fiscal year
of Holdings, the unaudited consolidating balance sheets of Holdings and its
consolidated Subsidiaries as at the end of such fiscal year and the related
unaudited consolidating statements of income for such fiscal year to date, and
setting forth, in the case of such unaudited consolidating statements of income,
comparative figures for the related periods in the prior fiscal year, and which
shall be certified on behalf of Holdings by the Chief Financial Officer of
Holdings, subject to changes resulting from normal year-end audit
adjustments.

     

    (c)          Quarterly
Consolidated Financial Statements.

     

    As soon
as available and in any event within 45 days after the close of each of the
quarterly accounting periods in each fiscal year of Holdings, the unaudited
consolidated balance sheets and statement of cash flows of Holdings and its
consolidated Subsidiaries as at the end of such quarterly period and the related
unaudited consolidated statements of income for such quarterly period and/or for
the fiscal year to date, and setting forth, in the case of such unaudited
consolidated statements of income and of cash flows, comparative figures for the
related periods in the prior fiscal year, and which shall be certified on behalf
of Holdings by the Chief Financial Officer of Holdings, subject to changes
resulting from normal year-end audit adjustments.

     

    (d)          Officer’s
Compliance Certificates.

     

    At the
time of the delivery of the financial statements provided for in
subparts (a), (b) and (c) above, a certificate (a “Compliance
Certificate”), substantially in the form of Exhibit D, and setting forth the
calculations required to establish compliance with the provisions of Section
7.8, signed by the Chief Financial Officer of Holdings and including a
certification that, (i) no Default or Event of Default exists or, if any
Default or Event of Default does exist, specifying the nature and extent thereof
and the actions Holdings has taken or proposes to take with respect thereto, and
(ii) the representations and warranties of the Credit Parties are true and
correct in all material respects on and as of the date of delivery of such
Compliance Certificate, except to the extent that any relate to an earlier
specified date, in which case, such representations shall be true and correct in
all material respects as of the date made.

     

    (e)          Budgets
and Forecasts.

     

    Not later
than 90 days after the commencement of each fiscal year of Holdings, commencing
with the fiscal year ending April 3, 2011, a consolidated budget in reasonable
detail for such entire fiscal year and for each of the fiscal quarters in such
fiscal year, and (if and to the extent prepared by management of Holdings) for
any subsequent fiscal years, as customarily prepared by management for its
internal use, such budget to be substantially consistent in format and scope
with the most recent budget previously delivered pursuant to the Existing Credit
Agreement.

     

    
      
        
        

      

      
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    (f)          Notices.

     

    Promptly,
and in any event within three Business Days after:

     

    (i)           any
Authorized Officer of any Credit Party obtaining knowledge of the occurrence of
any event that constitutes a Default or Event of Default, notice thereof, which
notice shall specify the nature thereof, the period of existence thereof and
what action such Credit Party propose to take with respect thereto;
or

     

    (ii)           notice
of the occurrence of any event or condition that has had or could reasonably be
expected to have a Material Adverse Effect.

     

    (g)          ERISA.

     

    Promptly,
and in any event within three Business Days after an Authorized Officer of any
Credit Party or any of its Subsidiaries obtaining knowledge of the occurrence of
any of the following, the Borrower will deliver to the Administrative Agent and
each of the Lenders a certificate on behalf of such Credit Party of an
Authorized Officer of the Borrower setting forth the details as to such
occurrence and the action, if any, that such Credit Party or such Subsidiary of
such Credit Party or such ERISA Affiliate is required or proposes to take,
together with any notices required or proposed to be given by such Credit Party
or such Subsidiary of such Credit Party or the ERISA Affiliate to or filed with
the PBGC, a Plan participant or the Plan administrator with respect
thereto:  (i) that a Reportable Event has occurred with respect
to any Plan; (ii) the institution of any steps by any Credit Party, any
Subsidiary of such Credit Party, any ERISA Affiliate, the PBGC or any other
Person to terminate any Plan or the occurrence of any event or condition
described in Section 4042 of ERISA that constitutes grounds for the
termination of, or the appointment of a trustee to administer any such Plan;
(iii) the institution of any steps by any Credit Party, any Subsidiary of
such Credit Party or any ERISA Affiliate to withdraw from any Multiemployer Plan
or Multiple Employer Plan, if such withdrawal could result in withdrawal
liability (as described in Part 1 of Subtitle E of Title IV of ERISA or in
Section 4063 of ERISA) in excess of $15,000,000; (iv) a Prohibited
Transaction in connection with any Plan that could reasonably be expected to
give rise to a material liability of any Credit Party; (v) that a Plan has
Unfunded Benefit Liabilities exceeding $15,000,000; (vi) the cessation of
operations at a facility of any Credit Party, any Subsidiary of any Credit Party
or any ERISA Affiliate in the circumstances described in Section 4062(e) of
ERISA:  (vii) the conditions for imposition of a lien under
Section 302(f) of ERISA shall have been met with respect to a Plan and such
Lien has been asserted against a Credit Party or any Subsidiary of a Credit
Party; (viii) the adoption of an amendment to a Plan requiring the
provision of security to such Plan pursuant to Section 307 of ERISA; (ix)
the insolvency of or commencement of reorganization proceedings with respect to
a Multiemployer Plan; or (x) the taking of any action by the Internal Revenue
Service, the Department of Labor or the PBGC with respect to any of the
foregoing.

     

    
      
        
        

      

      
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    (h)          Environmental
Matters.

     

    Promptly
upon, and in any event within three Business Days after, an Authorized Officer
of any Credit Party or any of its Subsidiaries obtaining knowledge thereof,
notice of one or more of the following environmental
matters:  (i) any pending or, to the knowledge of any such
Authorized Officer, threatened, material Environmental Claim against any Credit
Party or any of its Subsidiaries or any Real Property owned or operated by any
Credit Party or any of its Subsidiaries; (ii) any condition or occurrence
on or arising from any Real Property owned or operated by any Credit Party or
any of its Subsidiaries that (A) results in material noncompliance by any Credit
Party or any of its Subsidiaries with any applicable Environmental Law and (B)
could reasonably be expected to form the basis of a material Environmental Claim
against any Credit Party or any of its Subsidiaries or any such Real Property;
and (iii) the taking of any removal or remedial action in response to the
actual or alleged release of any Hazardous Material on any Real Property owned,
leased or operated by any Credit Party or any of its Subsidiaries as required by
any Environmental Law, excluding any Environmental Claim, condition or
occurrence, or removal or remedial action that is not reasonably expected to
exceed $1,000,000.  All such notices shall describe in reasonable
detail the nature of the Environmental Claim, the Credit Party’s or such
Subsidiary’s actual or reasonably anticipated response thereto and, if and to
the extent reasonably estimable, a good faith estimate of the actual or
reasonably anticipated exposure in Dollars of such Credit Party and its
Subsidiaries with respect thereto.

     

    (i)          Annual,
Quarterly and Other Reports.

     

    Promptly
and in any event within ten days after transmission thereof to its stockholders,
copies of all annual, quarterly and other reports and all proxy statements that
any Credit Party or any of its Subsidiaries furnishes to its stockholders
generally.

     

    (j)          Auditors’ Internal
Control Comment Letters, etc.

     

    Within 90
days after the delivery of the annual financial statements provided for in
subpart (a) above, a copy of each letter or memorandum commenting on internal
accounting controls and/or accounting or financial reporting policies followed
by Holdings and/or any of its Subsidiaries, which is submitted to Holdings by
its independent accountants in connection with any annual audit made by such
independent accountants.

     

    (k)          Information
Relating to Collateral.

     

    At the
time of the delivery of the annual financial statements provided for in subpart
(a) above, a certificate of an Authorized Officer of each Credit Party
(i) setting forth any changes to the information required pursuant to the
Perfection Certificates or confirming that there has been no change in such
information since the date of the most recently delivered or updated Perfection
Certificates and (ii) certifying that, except in connection with asset
sales or dispositions that have been permitted pursuant to this Agreement, no
Credit Party nor any of its Subsidiaries has taken any actions (and that each
Credit Party and each of its Subsidiaries are not aware of any actions so taken)
to terminate any UCC financing statements or other filings, recordings or
registrations (including all refilings, rerecordings and reregistrations,
containing a description of the Collateral) that have been filed of record in
each governmental, municipal or other appropriate office in each jurisdiction
identified pursuant to clause (i) above, to the extent such filings,
recordings and reregistrations are necessary to perfect the security interests
and Liens under the Security Documents for a period of not less than 18 months
after the date of such certificate.

     

    (l)          Other
Notices.

     

    Promptly
and in any event within ten days after the transmission or receipt thereof, as
applicable, copies of all material or significant notices received or sent by
any Credit Party or any Subsidiary thereof to or from the holders of any
Material Indebtedness or any trustee with respect thereto.

     

    
      
        
        

      

      
        74

        
          

        

      

      
        
        

      

    

     

    (m)          Other
Information.

     

    Within a
reasonable time, and in any event not longer than ten days, after a request
therefor, such other information or documents (financial or otherwise) relating
to any Credit Party or any of its Subsidiaries as the Administrative Agent or
any Lender (through the Administrative Agent) may reasonably request from time
to time.

     

    
      	
               
      

            	
              6.2

            	
              Books, Records and
      Inspections.

            

    

     

    Each of
Holdings and the Borrower will, and will cause each of its Subsidiaries to,
(i) keep proper books of record and account, in which full and materially
correct entries shall be made of all financial transactions and the assets and
business of Holdings, the Borrower or such Subsidiary, as the case may be, in
accordance with GAAP; and (ii) permit, at reasonable times during regular
business hours and upon reasonable notice to the Borrower, officers and
designated representatives of the Administrative Agent or any of the Lenders to
visit and inspect any of the properties or assets of any Credit Party and its
Subsidiaries in whomsoever’s possession (but only to the extent such Credit
Party or such Subsidiary has the right to do so to the extent in the possession
of another Person), to examine the books of account of any Credit Party and any
of its Subsidiaries, and make copies thereof and take extracts therefrom, and to
discuss the affairs, finances and accounts of such Credit Party and of its
Subsidiaries with, and be advised as to the same by, its and their officers and
independent accountants and independent actuaries, if any, in each case, to the
extent an Authorized Officer is afforded the opportunity to be present, all at
such reasonable times and intervals and to such reasonable extent as the
Administrative Agent may request; provided that unless an Event of Default has
occurred and is continuing or unless otherwise agreed to by the Borrower or
Holdings (as applicable) in their reasonable good faith, the Administrative
Agent and its designated representatives shall be limited to one such inspection
each during each fiscal year of Holdings.

     

    
      	
               
      

            	
              6.3

            	
              Insurance.

            

    

     

    (a)           Each
of Holdings and the Borrower will, and will cause each of its Subsidiaries to,
(i) maintain insurance coverage by such insurers and in such forms and
amounts and against such risks as are generally consistent with the insurance
coverage which, in the reasonable business judgment of management, is maintained
customarily in the Credit Parties’ industry, and (ii) forthwith upon the
Administrative Agent’s written request, furnish to the Administrative Agent such
information about such insurance as the Administrative Agent may from time to
time reasonably request, which information shall be prepared in form and detail
reasonably satisfactory to the Administrative Agent.

     

    (b)           To
the extent required pursuant to Section 6.3(a) above, each of Holdings and
the Borrower will, and will cause each other Credit Party to, at all times keep
their respective property that is subject to the Lien of any Security Document
insured, and all policies or certificates (or certified copies thereof) with
respect to such insurance (and any other insurance maintained by any Credit
Party) (i) shall be endorsed to the Administrative Agent’s satisfaction for
the benefit of the Administrative Agent (including, without limitation, by
naming the Administrative Agent as loss payee (with respect to Collateral) or,
to the extent permitted by applicable law with respect to liability insurance,
as an additional insured), (ii) shall state that such insurance policies
shall not be canceled without 30 days’ prior written notice thereof by the
respective insurer to the Administrative Agent, (iii) shall provide that
the respective insurers irrevocably waive any and all rights of subrogation with
respect to the Administrative Agent and the Lenders, and (iv) shall in the
case of any such certificates or endorsements in favor of the Administrative
Agent, be delivered to or deposited with the Administrative Agent.

     

    
      
        
        

      

      
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    (c)           If
any Credit Party shall fail to maintain any insurance in accordance with this
Section, or if any Credit Party shall fail to so endorse and deliver or deposit
all endorsements or certificates with respect thereto, the Administrative Agent
shall have the right (but shall be under no obligation), to procure such
insurance and the Borrower agrees to reimburse the Administrative Agent on
demand, for all actual and reasonable costs and expenses of procuring such
insurance.

     

    
      	
               
      

            	
              6.4

            	
              Payment of Taxes and
      Claims.

            

    

     

    Each of
Holdings and the Borrower will pay and discharge, and will cause each of its
Subsidiaries to pay and discharge, all material taxes, assessments and
governmental charges or levies imposed upon it or upon its income or profits, or
upon any properties belonging to it, prior to the date on which penalties attach
thereto, and all lawful claims that, if unpaid, might become a Lien or charge
upon any properties of any Credit Party or any of its Subsidiaries; provided, however, that
neither such Credit Party nor any of its Subsidiaries shall be required to pay
any such tax, assessment, charge, levy or claim if (a) it is being contested in
good faith by proper proceedings,  (b) such proceedings have the
effect of suspending the forfeiture or sale of the property or asset and
suspending such property or asset from being subject to any related Lien that
could reasonably be expected to be superior in priority to the Liens of the
Administrative Agent, and (c) such Credit Party or such Subsidiary has
maintained adequate reserves with respect thereto in accordance with
GAAP.  Without limiting the generality of the foregoing, the Borrower
will, and will cause each of its Domestic Subsidiaries to, pay in full all of
its wage obligations to its employees in accordance with the Fair Labor
Standards Act (29 U.S.C. Sections 206-207) and any comparable provisions of
applicable law.

     

    
      	
               
      

            	
              6.5

            	
              Corporate
      Franchises.

            

    

     

    Each of
Holdings and the Borrower will do, and will cause each of its Subsidiaries to
do, or cause to be done, all things necessary to preserve and keep in full force
and effect its corporate existence, rights and authority except to the extent
that the failure to do so could not reasonably be expected to have a Material
Adverse Effect; provided,
however, that nothing in this Section shall be deemed to prohibit
any transaction permitted by Section 7.2.  Each of Holdings and
the Borrower will be, and will cause each of its Subsidiaries to be, duly
qualified and authorized to do business in all jurisdictions where such Person
is required to be so qualified except where the failure to be so qualified could
not reasonably be expected to have a Material Adverse Effect.

     

    
      	
               
      

            	
              6.6

            	
              Good
      Repair.

            

    

     

    Each of
Holdings and the Borrower will, and will cause each of its Subsidiaries to,
ensure that its equipment used in its business in whomsoever’s possession they
may be, is kept in working order and condition, normal wear and tear excepted,
and that from time to time there are made to such equipment all needful and
proper repairs, renewals, replacements, extensions, additions, betterments and
improvements thereto, to the extent and in the manner customary for companies in
similar businesses.

     

    
      
        
        

      

      
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              6.7

            	
              Compliance with
      Statutes, etc.

            

    

     

    Each of
Holdings and the Borrower will, and will cause each of its Subsidiaries to,
comply, in all material respects, with all applicable statutes, regulations and
orders of, and all applicable restrictions imposed by, all Governmental
Authorities in respect of the conduct of its business and the ownership of its
property, other than those:  (i) being contested in good faith by
appropriate proceedings, as to which adequate reserves are established to the
extent required under GAAP and (ii) the noncompliance with which could not
be reasonably expected to have, a Material Adverse Effect.

     

    
      	
               
      

            	
              6.8

            	
              Compliance with
      Environmental Laws.

            

    

     

    Without
limitation of the covenants contained in Section 6.7:

     

    (a)           Each
of Holdings and the Borrower will, and will cause each of its Subsidiaries to,
comply in all material respects with all Environmental Laws applicable to the
ownership, lease or use of all Real Property now or hereafter owned, leased or
operated by it, and will promptly pay or cause to be paid all costs and expenses
incurred in connection with such compliance, except to the extent that such
compliance with Environmental Laws is being contested in good faith and by
appropriate proceedings and for which adequate reserves have been established to
the extent required by GAAP, and an adverse outcome in such proceedings could
not reasonably be expected to have a Material Adverse Effect or result in
liabilities (singly or in the aggregate) in excess of $7,500,000.

     

    (b)           No
Credit Party nor any of its Subsidiaries will generate, use, treat, store,
release or dispose of, or permit the generation, use, treatment, storage,
release or disposal of, Hazardous Materials on any Real Property now or
hereafter owned, leased or operated by such Credit Party or any of its
Subsidiaries or transport or permit the transportation of Hazardous Materials to
or from any such Real Property other than in material compliance with applicable
Environmental Laws and in the ordinary course of business.

     

    (c)           To
the extent required to do so under any applicable order of any Governmental
Authority, each Credit Party will undertake, and cause each of its Subsidiaries
to undertake, any clean up, removal, remedial or other action necessary to
remove and clean up any Hazardous Materials from any Real Property owned, leased
or operated by such Credit Party or any of its Subsidiaries in accordance with,
in all material respects, the requirements of all applicable Environmental Laws
and in accordance with, in all material respects, such orders of all
Governmental Authorities, except to the extent that such Credit Party or such
Subsidiary is contesting such order in good faith and by appropriate proceedings
and for which adequate reserves have been established to the extent required by
GAAP.

     

    
      
        
        

      

      
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              6.9

            	
              Certain Subsidiaries
      to Join in Subsidiary Guaranty.

            

    

     

    In the
event that at any time after the Closing Date, either Holdings or the Borrower
acquires, creates or has any Domestic Subsidiary that is not already a party to
the Subsidiary Guaranty, the Borrower or Holdings, as applicable, will promptly,
but in any event within 15 Business Days (or such longer period to which
the Administrative Agent may agree in its sole discretion), cause such
Subsidiary to deliver to the Administrative Agent, in sufficient quantities for
the Lenders, (a) a Joinder to the Subsidiary Guaranty (as described in the
Subsidiary Guaranty), duly executed by such Subsidiary, pursuant to which such
Subsidiary joins in the Subsidiary Guaranty as a guarantor thereunder, and (b)
resolutions of the Board of Directors or equivalent governing body of such
Subsidiary, certified by the Secretary or an Assistant Secretary of such
Domestic Subsidiary, as duly adopted and in full force and effect, authorizing
the execution and delivery of such joinder and the other Loan Documents to which
such Subsidiary is, or will be a party, together with such other corporate
documentation and an opinion of counsel as the Administrative Agent shall
reasonably request, in each case, in form and substance reasonably satisfactory
to the Administrative Agent; provided, however, that,
notwithstanding the foregoing, a Domestic Subsidiary shall not be required to
become a party to the Subsidiary Guaranty so long as (A) such Domestic
Subsidiary is a Non-Material Subsidiary, and (B) the aggregate of the total
assets of all such Domestic Subsidiaries that are Non-Material Subsidiaries and
that are not Credit Parties shall not exceed $25,000,000.

     

    
      	
               
      

            	
              6.10

            	
              Additional Security;
      Further Assurances.

            

    

     

    (a)          Additional
Security.

     

    Subject
to subpart (b) below, in the event any Credit Party acquires, owns or holds, an
interest in any personal property that is not at the time included in the
Collateral, the Borrower will promptly notify the Administrative Agent in
writing of such event, identifying the property or interests in question, and
the Borrower will, or will cause such Credit Party to, within 15 Business
Days (or such longer period to which the Administrative Agent may agree in its
sole discretion) following request by the Administrative Agent, grant to the
Administrative Agent for the benefit of the Secured Creditors (as defined in the
Security Agreement) a Lien on such personal property pursuant to the terms of
such security agreements, assignments or other documents as the Administrative
Agent deems appropriate (collectively, the “Additional Security Documents”) or a
joinder in any existing Security Document.  Furthermore, the Borrower
shall cause to be delivered to the Administrative Agent such opinions of
counsel, corporate resolutions, a Perfection Certificate and other related
documents as may be reasonably requested by the Administrative Agent in
connection with the execution, delivery and recording of any such Additional
Security Document or joinder, all of which documents shall be in form and
substance reasonably satisfactory to the Administrative Agent.

     

    (b)          Foreign
and Non-Material Subsidiaries.

     

    Notwithstanding
anything in subpart (a) above or elsewhere in this Agreement to the contrary,
(i) a Subsidiary shall not be required to become a party to any of the
Security Documents so long as (A) such Subsidiary is a Non-Material Subsidiary,
and (B) the aggregate of the total assets of all such Non-Material Subsidiaries
that are not Credit Parties shall not exceed $25,000,000, (ii) no Credit
Party shall be required at any time to pledge (or cause to be pledged) (A)
more than 65% of the voting Equity Interests of any first tier Foreign
Subsidiary, or any of the Equity Interests of any other Foreign Subsidiary, or
to cause a Foreign Subsidiary to join in the Subsidiary Guaranty or to become a
party to the Security Agreement or any other Security Document or (B) any Equity
Interests of any Foreign Subsidiary that is a Non-Material Subsidiary, and (iii)
the pledge of 65% of the voting Equity Interests of any first tier Foreign
Subsidiary described in the foregoing clause (ii) shall (A) not be required
unless the revenues attributable to all Foreign Subsidiaries are equal to or in
excess of 25% of the consolidated revenues of the Borrower and its Subsidiaries,
as disclosed and set forth in the most recent Compliance Certificate delivered
pursuant to Section 6.1 (d) in respect of the quarterly financial statements
required to be delivered pursuant to Section 6.1(c), (the “Foreign Subsidiary Revenue
Threshold”), and (B) subject to the foregoing clause (A), only be
required in respect of (1) first tier Foreign Subsidiaries that account for 5%
or greater of such consolidated revenues and (2) first tier Foreign Subsidiaries
that account for 80% or greater of the aggregate revenues of all Foreign
Subsidiaries.

     

    
      
        
        

      

      
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    (c)          Further
Assurances.

     

    Each of
Holdings and the Borrower will, and will cause each of its Subsidiaries to, at
the expense of the Borrower, make, execute, endorse, acknowledge, file and/or
deliver to the Administrative Agent from time to time such conveyances,
financing statements, transfer endorsements, powers of attorney, certificates,
and other assurances or instruments and take such further steps relating to the
Collateral covered by any of the Security Documents as the Administrative Agent
may reasonably require, in each case in order to grant, preserve, protect and
perfect the validity and priority of the security interests created or intended
to be created by the Security Documents, or to correct any errors, under United
States law.

     

    (d)          Non-Perfection
in Certain Items of Collateral.

     

    Notwithstanding
anything in this Section or elsewhere in this Agreement or any other Loan
Document to the contrary, to the extent that the Administrative Agent, in its
sole discretion, determines that the expense associated with perfecting,
recording or filing the security interests or Liens granted or to be granted
pursuant to any Security Document in any item of Collateral exceeds the benefits
to the Administrative Agent, the Lenders and the other parties, if any, secured
thereby, attained or to be attained by such perfection, recording or filing, the
Administrative Agent may waive the requirement of perfecting, recording or
filing such security interest or Lien in such Collateral.

     

    (e)          Additional
Mortgaged Property.

     

    To the
extent not otherwise provided in Section 7.3(j) hereof, if at any time
after the Closing Date any Credit Party shall own any Real Property other than
Leaseholds (each an “Additional Mortgaged Property”), such Credit Party shall,
upon the request of the Administrative Agent, deliver to the Administrative
Agent the following:

     

    (i)     
        an executed Mortgage, in one of
the forms attached hereto as Exhibit J, as appropriate;

     

    (ii)  
         a Mortgage Policy issued
by a Title Company, in an amount not less than the amount reasonably required
therefor by the Administrative Agent (taking into account the estimated value of
the property involved), insuring the Administrative Agent that the applicable
Mortgage creates a valid and enforceable first priority mortgage lien on the
respective Additional Mortgaged Property encumbered thereby and confirming that
fee simple title to such Additional Mortgaged Property is vested in the
applicable Credit Party, which Mortgage Policy shall include such endorsements
and affirmative coverage as reasonably required by the Administrative Agent, all
of the foregoing in form and substance reasonably satisfactory to the
Administrative Agent;

     

    
      
        
        

      

      
        79

        
          

        

      

      
        
        

      

    

     

    (iii)           a
title report issued by the Title Company with respect thereto dated not more
than 30 days prior to the date of the Mortgage Policy and satisfactory in form
and substance to the Administrative Agent;

     

    (iv)     
      copies of all recorded documents listed as
exceptions to title or otherwise referred to in the Mortgage Policy or in such
title report, to the extent available from the applicable public records or the
records of the Title Company or the Credit Parties;

     

    (v)         
   a Phase I environmental report, in form and substance
reasonably satisfactory to the Administrative Agent, and to the extent in
existence, all other reports prepared by independent environmental engineering
or consulting firms with respect such Additional Mortgaged Property, in each
case, with reliance language therein reasonably satisfactory to the
Administrative Agent or, in the alternative, with a reliance letter addressed
and reasonably satisfactory to the Administrative Agent;

     

    (vi)            a
completed FEMA Standard Flood Hazard Determination for such Mortgaged Property;
and

     

    (vii)           an
A.L.T.A. survey, in form and substance reasonably satisfactory to the
Administrative Agent, and sufficient to allow the Title Company to issue the
Mortgage Policy without a survey exception and with such endorsements and
affirmative coverage as reasonably required by the Administrative
Agent.

     

    
      	
               
      

            	
              6.11

            	
              Casualty and
      Condemnation

            

    

     

    If any
Event of Loss results in Net Cash Proceeds (whether in the form of insurance
proceeds, a condemnation award or otherwise), a portion or all of which is
required to be applied as a prepayment of the Loans pursuant to
Section 2.12(b), the Administrative Agent is authorized to collect such Net
Cash Proceeds from any and all third parties and, if received by any Credit
Party, the Borrower and Holdings will, or will cause any applicable Credit Party
to, pay over such Net Cash Proceeds to the Administrative Agent for application
to the Loans pursuant to Section 2.12(b) (it being understood that the
forgoing Section 6.11 shall not be applicable to the extent any such Credit
Party is permitted to retain possession of any such Net Cash Proceeds in
accordance with such Section 2.12(b)).

     

    
      	
               
      

            	
              6.12

            	
              Certain Post-Closing
      Obligations.

            

    

     

    (a)          Foreign
Stock Pledges.

     

    If and
only to the extent required by Section 6.10(b), within 180 days of the delivery
of the Closing Certificate disclosing the Foreign Subsidiary Revenue Threshold
had been met (or such later date consented to by the Administrative Agent in its
reasonable credit judgment), the Borrower shall provide to the Administrative
Agent, in form and substance satisfactory to the Administrative Agent,
appropriate documentation to effectuate the pledge of 65% of the voting Equity
Interests and 100% of the non-voting Equity Interest of any first tier Foreign
Subsidiary of Holdings.

     

    
      
        
        

      

      
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    (b)          Real
Estate Documents.

     

    On or
before the date that is 30 days after the Closing Date (or such later date
approved by the Administrative Agent in its reasonable credit judgment), each
Credit Party shall provide to the Administrative Agent a Mortgage with respect
to its Real Property owned on the Closing Date, along with each of the other
items required to be delivered in connection with each Mortgage pursuant to
Section 6.10(e), including, without limitation, evidence of adequate flood
insurance.  So long as such Mortgage is not in effect, no Collateral
having a value in excess of $500,000 in the aggregate shall be located on such
property.

     

    (c)          Collateral
Access Agreements.

     

    To the
extent requested by the Administrative Agent, Holdings and the Borrower will,
and each of them will cause each of its Subsidiaries to, use commercially
reasonable efforts to promptly (and in any event within 60 days following such
request) obtain, Collateral Access Agreements with respect to any location at
which any tangible items of Collateral with a value in excess of $500,000 are
located.

     

    
      	
              Section
7

            	
              NEGATIVE
      COVENANTS

            

    

     

    Each of
Holdings and the Borrower hereby covenants and agrees that on the Closing Date
and thereafter for so long as this Agreement is in effect and until such time as
the Revolving Commitments have been terminated, no Notes remain outstanding and
the Loans, together with interest, Fees and all other Obligations (other than
contingent indemnification obligations not yet due and payable) incurred
hereunder and under the other Loan Documents, have been paid in
full:

     

    
      	
               
      

            	
              7.1

            	
              Changes in
      Business.

            

    

     

    No Credit
Party nor any of its Subsidiaries will engage in any business if, as a result,
the general nature of the business, taken on a consolidated basis, that would
then be engaged in by such Credit Party and its Subsidiaries, would be
materially and substantially changed from the business engaged in by such Credit
Party and its Subsidiaries on the Closing Date or not otherwise ancillary,
complementary or a reasonable extension thereof.

     

    
      	
               
      

            	
              7.2

            	
              Consolidation, Merger,
      Acquisitions, Asset Sales,
etc.

            

    

     

    Neither
Holdings nor the Borrower will, nor will either of them permit any Subsidiary
to, (i) wind up, liquidate or dissolve its affairs, (ii) enter into
any transaction of merger or consolidation, (iii) make or otherwise effect
any Acquisition, (iv) make or otherwise effect any Asset Sale, or
(v) agree in writing to do any of the foregoing at any future time, except
that, if no Default or Event of Default shall have occurred and be continuing or
would result therefrom, each of the following shall be permitted:

     

    (a)           the
merger, consolidation or amalgamation of (i) any Subsidiary of the Borrower
with or into the Borrower, provided the Borrower is the surviving or continuing
or resulting corporation; (ii) any Subsidiary of the Borrower with or into
any Subsidiary Guarantor, provided that the surviving or continuing or resulting
corporation is a Subsidiary Guarantor; or (iii) any Foreign Subsidiary of
the Borrower with or into any other Foreign Subsidiary of the
Borrower;

     

    
      
        
        

      

      
        81

        
          

        

      

      
        
        

      

    

     

    (b)           the
merger, consolidation or amalgamation of the Borrower with or into Holdings,
provided that Holdings is the surviving entity (it being agreed that in the
event such a transaction occurs (i) Holdings shall become the Borrower for
all purposes under this Agreement, (ii) Section 7.13 of the Credit
Agreement shall no longer be effective and (iii) each other provision of
this Agreement applicable to either Holdings or the Borrower shall then be
applicable to Holdings).

     

    (c)           the
merger of any Domestic Subsidiary that is not required to be a Subsidiary
Guarantor hereunder into another Domestic Subsidiary that is not required to be
a Subsidiary Guarantor;

     

    (d)           the
voluntary dissolution or liquidation of any Subsidiary that is an inactive or
dormant Non-Material Subsidiary;

     

    (e)           any
Asset Sale by (i) the Borrower to any other Credit Party, (ii) any
Subsidiary of the Borrower to any Credit Party, or (iii) any Foreign
Subsidiary of the Borrower to any other Foreign Subsidiary of the
Borrower;

     

    (f)       
    [Reserved];

     

    (g)           the
Borrower or any Subsidiary may make any Permitted Acquisition, provided that all
of the conditions contained in such definition are satisfied; and

     

    (h)           in
addition to any Asset Sale permitted above, the Borrower or any of its
Subsidiaries may consummate any Asset Sale, provided
that:  (i) in the case of any Asset Sale involving consideration
of $5,000,000 or more but less than $10,000,000, the Borrower shall provide to
the Administrative Agent, within 30 days of  the consummation of
such Asset Sale, a description of such Asset Sale, notice of the date such Asset
Sale was consummated, a description of the sale price or other consideration for
such Asset Sale and such other information as the Administrative Agent shall
reasonably request;  (ii) in the case of any Asset Sale involving
consideration in excess of $10,000,000, at least five Business Days prior to the
date of completion of such Asset Sale, the Borrower shall have delivered to the
Administrative Agent an officer’s certificate of an Authorized Officer of the
Borrower, which certificate shall contain (A) a description of the proposed
Asset Sale, the date such Asset Sale is scheduled to be consummated, the
estimated sale price or other consideration for such Asset Sale, and (B) a
certification that no Default or Event of Default has occurred and is
continuing, or would result from the consummation of such Asset Sale;
(iii) in all cases, if such Asset Sale involves consideration in excess of
$5,000,000, the consideration for each such Asset Sale represents fair value and
at least 90% of such consideration consists of cash; and (iv) in all cases,
the aggregate amount of all Asset Sales made pursuant to this
Section 7.2(h) during any fiscal year of Holdings shall not exceed
$25,000,000.

     

    
      	
               
      

            	
              7.3

            	
              Liens.

            

    

     

    Neither
Holdings nor the Borrower will, nor will either of them permit any Subsidiary
to, create, incur, assume or suffer to exist any Lien upon or with respect to
any property or assets of any kind of Holdings, the Borrower or any such
Subsidiary whether now owned or hereafter acquired, except that the foregoing
shall not apply to:

     

    (a)           any
Standard Permitted Lien;

     

    
      
        
        

      

      
        82

        
          

        

      

      
        
        

      

    

     

    (b)           Liens
in favor of Designated Hedge Creditors arising under Designated Hedge
Agreements;

     

    (c)           Liens
in existence on the Closing Date that are listed in Schedule 7.3 hereto and
extensions or renewals of such Liens, so long as such Liens being extended or
renewed do not extend to any other property or assets other than proceeds and
replacements and the aggregate principal amount of Indebtedness secured by such
Liens is not increased;

     

    (d)           Liens
(i) that are placed upon fixed or capital assets, acquired, constructed or
improved by the Borrower or any Subsidiary, provided that (A) such Liens only
secure Indebtedness permitted by Section 7.4(c), (B) such Liens and the
Indebtedness secured thereby are incurred prior to or within 30 days after such
acquisition or the completion of such construction or improvement, (C) the
Indebtedness secured thereby does not exceed the cost of acquiring, constructing
or improving such fixed or capital assets, and (D) such Liens shall not apply to
any other property or assets of the Borrower or any Subsidiary; or
(ii) arising out of the refinancing, extension, renewal or refunding of any
Indebtedness secured by any such Liens, provided that the principal
amount of such Indebtedness is not increased and such Indebtedness is not
secured by any additional assets other than proceeds and
replacements;

     

    (e)           Liens
(i) on fixed or capital assets and other assets that are not current assets
in connection with Indebtedness assumed pursuant to Section 7.4(d); or
(ii) arising out of the refinancing, extension, renewal or refunding of any
Indebtedness secured by any such Liens, provided that, in the case of
both (i) and (ii) above, the principal amount of such Indebtedness is
not increased and such Indebtedness is not secured by any additional assets of
the Borrower or any of its Subsidiaries other than proceeds and
replacements;

     

    (f)           Liens
securing Indebtedness permitted pursuant to Section 7.4(e), provided that (i) such
Liens shall not apply to any other property or assets of Holdings or any
Subsidiary, and (ii) in the case of Holdings or any Domestic Subsidiary,
such Liens are only placed on fixed or capital assets or other assets that are
not current assets;

     

    (g)           vendor
Liens granted in the ordinary course of business in connection with the
customary terms for purchase of materials, supplies and equipment in European
countries;

     

    (h)           in
addition to any Lien permitted pursuant to any of the foregoing subparts, liens
securing obligations not in excess of the aggregate amount of $1,000,000, not
incurred in connection with the borrowing of money;

     

    (i)           any
Lien granted to the Administrative Agent securing any of the Obligations or any
other Indebtedness of the Credit Parties under the Loan Documents or any
Indebtedness under any Designated Hedge Agreement; and

     

    (j)           Liens
that are placed on newly acquired Real Property by the issuer of a letter of
credit or other credit enhancer in connection with an industrial revenue bond
financing or other comparable state incentive financing for such acquisition by
the Borrower or any Subsidiary thereof so long as:  (i) the
Indebtedness secured thereby does not exceed the value of such Real Property and
any improvements to be financed by such industrial revenue bonds, (ii) such
Liens shall not encumber any other assets of the Credit Parties or their
Subsidiaries, and (iii) if such Real Property contains operating assets of
the Credit Parties or their Subsidiaries, the Administrative Agent shall have
received an appropriate Collateral Access Agreement with respect to such Real
Property.  Each of Holdings and the Borrower shall, and shall cause
each of its Subsidiaries to, use its commercially reasonable efforts to grant to
the Administrative Agent, on behalf of the Secured Creditors (as defined in the
Security Agreement), a second Mortgage in any such Real Property in
accordance with the requirements of the Security Agreement.

     

    
      
        
        

      

      
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              7.4

            	
              Indebtedness.

            

    

     

    Neither
Holdings, nor the Borrower will, nor will either of them permit any Subsidiary
to, contract, create, incur, assume or suffer to exist any Indebtedness of any
Credit Party or any of its Subsidiaries, except:

     

    (a)           Indebtedness
incurred under this Agreement and the other Loan Documents;

     

    (b)           the
Indebtedness existing on the Closing Date and set forth on Schedule 7.4 hereto,
and any refinancing, extension, renewal or refunding of any such Indebtedness
not involving an increase in the principal amount thereof;

     

    (c)           (i) Indebtedness
consisting of Capitalized Lease Obligations of the Borrower and its
Subsidiaries, (ii) Indebtedness secured by a Lien referred to in
Section 7.3(d), and (iii) any refinancing, extension, renewal or
refunding of any such Indebtedness not involving an increase in the principal
amount thereof, provided the aggregate
outstanding principal amount (using Capitalized Lease Obligations in lieu of
principal amount, in the case of any Capital Lease) of Indebtedness permitted by
this subpart (c) shall not exceed $25,000,000 at any time:

     

    (d)           Indebtedness
assumed in connection with a Permitted Acquisition, provided that (i) such
Indebtedness was not incurred in contemplation of such Permitted Acquisition,
(ii) no Default or Event of Default shall then exist or immediately after
incurring any of such Indebtedness will exist, (iii) the Borrower and its
Subsidiaries shall be in compliance with the financial covenants set forth in
Section 7.8 both immediately before and after giving pro forma effect to the
incurrence of such Indebtedness, (iv) the aggregate principal amount of
such Indebtedness assumed in connection with any one Permitted Acquisition shall
not exceed $15,000,000, and (v) the aggregate principal amount of such
Indebtedness assumed in connection with all Permitted Acquisitions since the
Closing Date shall not exceed $50,000,000;

     

    (e)           Indebtedness
(including Redeemable Stock) issued by Holdings, the Borrower or any Subsidiary
thereof to the seller or sellers of an entity being acquired in connection with
a Permitted Acquisition, provided that (i) no
Default or Event of Default shall then exist or immediately after incurring any
of such Indebtedness will exist, (ii) the Borrower and its Subsidiaries
shall be in compliance with the financial covenants set forth in
Section 7.8 both immediately before and after giving pro forma effect to the
incurrence of such Indebtedness, and (iii) the aggregate principal amount
of all such Indebtedness outstanding at any time shall not exceed
$25,000,000:

     

    (f)           Indebtedness
constituting Permitted Foreign Subsidiary Loans and Investments;

     

    (g)          [Reserved];

     

    
      
         

      

      
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    (h)          any
intercompany loans and Capital Leases (i) made by the Borrower or any
Subsidiary to any Credit Party; or (ii) made by any Foreign Subsidiary to
any other Foreign Subsidiary;

     

    (i)           Indebtedness
of the Borrower and its Subsidiaries under Hedge Agreements, provided such Hedge
Agreements have been entered into in the ordinary course of business and not for
speculative purposes;

     

    (j)           Indebtedness
constituting Guaranty Obligations permitted by Section 7.5;

     

    (k)          Indebtedness
issued pursuant to the Parent Equity-Linked Securities, provided
that:  (i) the aggregate original principal amount at issuance of
all such Indebtedness does not exceed $150,000,000; and (ii) the scheduled
maturity of such Indebtedness is no earlier than six months after the Revolving
Facility Termination Date as is in effect at the time of determination, (iii)
such Indebtedness is unsecured and (iv) prior the Borrower’s issuance of
the Parent Equity-Linked Securities, the Administrative Agent shall have
provided its written consent to the material terms thereof, including, without
limitation, those terms that address rights to convertibility, such consent not
to be unreasonably withheld (it being agreed that the Administrative Agent shall
not request a fee from the Borrower for providing such consent).

     

    (l)           other
Indebtedness of the Borrower to the extent not permitted by any of the foregoing
clauses, provided that
(i) no Default or Event of Default shall then exist or immediately after
incurring any of such Indebtedness will exist, (ii) the Borrower and its
Subsidiaries shall be in compliance with the covenant set forth in the financial
covenants set forth in Section 7.8 both immediately before and after giving
pro forma effect to the
incurrence of such Indebtedness, and (iii) the aggregate principal amount
of all such Indebtedness outstanding at any time shall not exceed $10,000,000;
and

     

    (m)         other
Indebtedness of the Borrower to the extent not permitted by any of the foregoing
clauses, provided that
(i) no Default or Event of Default shall then exist or immediately after
incurring any of such Indebtedness will exist, (ii) such Indebtedness shall
constitute Subordinated Indebtedness, (iii) the Borrower and its
Subsidiaries shall be in compliance with the covenant set forth in the financial
covenants set forth in Section 7.8 both immediately before and after giving
pro forma effect to the
incurrence of such Indebtedness, and (iv) the aggregate principal amount of
all such Indebtedness outstanding at any time shall not exceed
$50,000,000.

     

    
      	
               
      

            	
              7.5

            	
              Investments and
      Guaranty Obligations .

            

    

     

    Neither
Holdings nor the Borrower will, nor will either of them permit any Subsidiary
to, directly or indirectly, (i) make or commit to make any Investment or
(ii) be or become obligated under any Guaranty Obligations,
except:

     

    (a)          Investments
by the Borrower or any of its Subsidiaries in cash and Cash
Equivalents;

     

    (b)          any
endorsement of a check or other medium of payment for deposit or collection, or
any similar transaction in the normal course of business;

    
      
         

      

      
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    (c)          the
creation and holding by the Borrower and its Subsidiaries of receivables and
similar items owing to them in the ordinary course of business and payable or
dischargeable in accordance with customary trade terms;

     

    (d)          any
Permitted Creditor Investment;

     

    (e)          loans
and advances to employees for business-related travel expenses, moving expenses,
costs of replacement homes, business machines or supplies, automobiles and other
similar expenses, in each case incurred in the ordinary course of business,
provided the aggregate
outstanding amount of all such loans and advances shall not exceed $1,000,000 at
any time;

     

    (f)           to
the extent not permitted by any of the other subparts in this Section,
Investments existing as of the Closing Date and described on Schedule 7.5
hereto;

     

    (g)         any
Guaranty Obligations of the Borrower or any Subsidiary in favor of the
Administrative Agent, each LC Issuer and the Lenders and any other Benefited
Creditor in respect of any Designated Hedge Agreement pursuant to the Loan
Documents;

     

    (h)          Investments
of the Borrower and its Subsidiaries in Hedge Agreements permitted to be to
entered into pursuant to this Agreement;

     

    (i)           Investments
(i) of the Borrower or any of its Subsidiaries in any Subsidiary existing
as of the Closing Date, (ii) of the Borrower in any Credit Party made after
the Closing Date, (ii) of any Credit Party in any other Credit Party (other
than the Borrower) made after the Closing Date, or (iii) constituting
Permitted Foreign Subsidiary Loans and Investments;

     

    (j)           Investments
of any Foreign Subsidiary in any other Subsidiary of the Borrower;

     

    (k)          intercompany
loans and advances permitted by Section 7.4(f);

     

    (l)           the
Acquisitions permitted by Section 7.2;

     

    (m)         any
Guaranty Obligation incurred by any Credit Party with respect to Indebtedness of
another Credit Party which Indebtedness is permitted by
Section 7.4;

     

    (n)          Investments
of the Borrower and its Subsidiaries, not to exceed $5,000,000 in the aggregate
at any time, in corporate bonds with maturities of not more than four years so
long as such bonds are rated at least BBB by S&P or Baa2 by Moody’s;
and

     

    (o)          other
Investments by the Borrower or any Subsidiary of the Borrower in any other
Person (other than the Borrower or any of its then existing Subsidiaries) made
after the Closing Date and not permitted pursuant to the foregoing subparts,
provided that
(i) at the time of making any such Investment no Default or Event of
Default shall have occurred and be continuing, or would result therefrom, and
(ii) the maximum cumulative amount of all such Investments that are so made
pursuant to this subpart and outstanding at any time shall not exceed an
aggregate of $10,000,000, taking into account the repayment of any loans or
advances comprising such Investments.
 

    
      
         

      

      
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              7.6

            	
              [Reserved].

            

    

     

    
      	
               
      

            	
              7.7

            	
              Restricted
      Payments.

            

    

     

    Neither
Holdings nor the Borrower will, nor will either of them permit any Subsidiary
to, declare or make, or agree to pay or make, directly or indirectly, any
Restricted Payment, except:

     

    (a)          Holdings
or any of its Subsidiaries may declare and pay or make Capital Distributions
that are payable solely in additional shares of its common stock (or warrants,
options or other rights to acquire additional shares of its common
stock);

     

    (b)           (i) any
Subsidiary of the Borrower may declare and pay or make Capital Distributions to
the Borrower or any Subsidiary of the Borrower, (ii) any Foreign Subsidiary
of the Borrower may declare and pay or make Capital Distributions to any other
Foreign Subsidiary or to any Credit Party, and (iii) the Borrower may
declare and pay or make Capital Distributions in cash to Holdings, but only in
the amounts necessary for Holdings to make permitted Capital Distributions in
accordance with this Section 7.7 and solely to the extent that Holdings
will promptly make those Capital Distributions to its shareholders;

     

    (c)          the
Borrower may make (or may dividend to Holdings so that Holdings may
make):

     

    (i)           regularly
scheduled payments of interest with respect to the Indebtedness outstanding
under the Parent Equity-Linked Security Documents; and

     

    (ii)           prepayment
in whole or in part of any Indebtedness incurred pursuant to the Parent
Equity-Linked Security Documents (or other redemption, repurchase, retirement,
direct or indirect of such Indebtedness, or the exercise of any right of legal
defeasance, covenant defeasance or similar right with respect thereto); provided that (x) no Default
or Event of Default shall have occurred and be continuing or would result
therefrom, and (y) after giving effect thereto, the Total Leverage Ratio would
be less than 3.00 to 1.00, and in connection therewith, proceeds of Loans may be
used to make such prepayment, so long as, at the time of such prepayment, and
after giving effect to such Loans.  the sum of the Unused Total
Revolving Commitment and Unrestricted Cash of the Borrower less the aggregate
principal amount of Swing Loans outstanding at such time is not less than
$50,000,000;

     

    (d)          the
Borrower may make regularly scheduled payments of interest with respect to any
Subordinated Indebtedness incurred pursuant to Section 7.4(m);
and

     

    (e)          Holdings
may declare and pay or make Capital Distributions, provided that (i) no
Default or Event of Default shall have occurred and be continuing or would
result therefrom, (ii) the Borrower will be in compliance with the
financial covenants set forth in Section 7.8 after giving pro forma effect to each such
Capital Distribution, and (iii) the aggregate amount of all Capital
Distributions made by the Borrower during any fiscal year shall not exceed
$10,000.000;
 

    
      
         

      

      
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              7.8

            	
              Financial
      Covenants.

            

    

     

    (a)          Total
Leverage Ratio.

     

    The
Borrower will not permit at any time the Total Leverage Ratio of Holdings to be
greater than 3.25 to 1.00.

     

    (b)          Fixed
Charge Coverage Ratio.

     

    The
Borrower will not permit at any time the Fixed Charge Coverage Ratio of Holdings
to be less than 1.50 to 1.00.

     

    
      	
               
      

            	
              7.9

            	
              Limitation on Certain
      Restrictive Agreements.

            

    

     

    Neither
Holdings nor the Borrower will, nor will they permit any of their Subsidiaries
to, directly or indirectly, enter into, incur or permit to exist or become
effective, any “negative pledge” covenant or other agreement, restriction or
arrangement that prohibits, restricts or imposes any condition upon (a) the
ability of any Credit Party or any Subsidiary to create, incur or suffer to
exist any Lien upon any of its property or assets as security for Indebtedness
or (b) the ability of any such Subsidiary to make Capital Distributions or any
other interest or participation in its profits owned by any Credit Party or any
Subsidiary of any Credit Party, or pay any Indebtedness owed to any Credit Party
or a Subsidiary of any Credit Party, or to make loans or advances to any Credit
Party or any of the Credit Parties’ other Subsidiaries, or transfer any of its
property or assets to any Credit Party or any of the Credit Parties’ other
Subsidiaries, except for such restrictions existing under or by reason of
(i) applicable law, (ii) this Agreement and the other Loan Documents,
(iii) customary provisions restricting subletting or assignment of any
lease governing a leasehold interest, (iv) customary provisions restricting
assignment of any licensing agreement entered into in the ordinary course of
business, (v) customary provisions restricting the transfer or further
encumbering of assets subject to Liens permitted under Sections 7.3(c),
7.3(d), 7.3(e) and 7.3(f), (vi) customary restrictions affecting only a
Subsidiary under any agreement or instrument governing any of the Indebtedness
of a Subsidiary permitted pursuant to Section 7.4, (vii) restrictions
affecting any Foreign Subsidiary under any agreement or instrument governing any
Indebtedness of such Foreign Subsidiary permitted pursuant to Section 7.4,
and customary restrictions contained in “comfort” letters and guarantees of any
such Indebtedness, (viii) any document relating to Indebtedness secured by
a Lien permitted by Section 7.3, insofar as the provisions thereof limit
grants of junior liens on the assets securing such Indebtedness, and (ix) any
Operating Lease or Capital Lease, insofar as the provisions thereof limit grants
of a security interest in, or other assignments of, the related leasehold
interest to any other Person.

     

    
      	
               
      

            	
              7.10

            	
              Transactions with
      Affiliates.

            

    

     

    Neither
Holdings nor the Borrower will, nor will they permit any of their Subsidiaries
to, enter into any transaction or series of transactions with any Affiliate
(other than, in the case of the Borrower, any Subsidiary, and in the case of a
Subsidiary, the Borrower or another Subsidiary) other than pursuant to the
reasonable requirements of any such Credit Party’s or such Subsidiary’s business
and upon fair and reasonable terms no less favorable to such Credit Party or
such Subsidiary than would be obtained in a comparable arm’s-length transaction
with a Person other than an Affiliate.
 

    
      
         

      

      
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              7.11

            	
              Plan Terminations,
      Minimum Funding, etc.

            

    

     

    Neither
Holdings nor the Borrower will, nor will they permit any other Credit Party or
any ERISA Affiliate to, (i) terminate any Plan or Plans in a non-standard
termination (other than a Multiple Employer Plan or partially or totally
withdraw from a Multiemployer Plan)  that could reasonably be expected
to result in liabilities of the Credit Parties or any ERISA Affiliate, together
with all aggregate liabilities under clause (ii) hereof, in excess of
$15,000,000 in the aggregate, (ii) permit to exist one or more events or
conditions that present a material risk of the termination by the PBGC of any
Plan or Plans with respect to which any Credit Party or any Subsidiary of any
Credit Party or ERISA Affiliate would, in the event of such termination, incur
liability, together with all aggregate liabilities under clause
(i) hereof,  in excess of $15,000,000 in the aggregate,
(iii) fail to materially comply with the minimum funding standards of ERISA
and the Code with respect to any Plan (other than a Multiple Employer Plan or a
Multiemployer Plan), or (iv) fail to satisfy all material contribution
obligations in respect of any Multiemployer Plan or Multiple Employer
Plan.

     

    
      	
               
      

            	
              7.12

            	
              Modifications to
      Certain Agreements.

            

    

     

    Once the
initial Parent Equity-Linked Security Documents are executed or the Parent
Equity-Linked Securities issued, neither Holdings nor the Borrower will, nor
will they permit any of their Subsidiaries to, amend, restate, supplement or
otherwise modify, in a manner which is adverse in any material respect to the
Administrative Agent or the Lenders, or enter into any consent or waiver with
respect to which is adverse in any material respect to the Administrative Agent
or the Lenders, the Parent Equity-Linked Securities or the other Parent
Equity-Linked Security Documents without the prior written consent of the
Administrative Agent.

     

    
      	
               
      

            	
              7.13

            	
              Activities
      of Holdings.

            

    

     

    Holdings
shall not engage in any trade or business or incur any Indebtedness other than
to (i) hold, manage and direct its equity and debt positions in the
Borrower and to perform its obligations under existing arrangements with its
stockholders (ii) as required by law as a publicly registered company and
(iii) as a party to this Agreement and the Loan Documents, and take actions
in each case incident thereto.

     

    
      	
               
      

            	
              7.14

            	
              Anti-Terrorism
      Laws.

            

    

     

    Neither
Holdings nor the Borrower will, nor will they permit any of their Subsidiaries
to be in violation of any law or regulation, or identified in any list of any
government agency (including, without limitation, the U.S. Office of Foreign
Asset Control list, Executive Order No. 13224 or the USA Patriot Act), that
prohibits or limits the conduct of business with or the receiving of funds,
goods or services to or for the benefit of certain Persons specified therein or
that prohibits or limits any Lender or LC Issuer from making any advance or
extension of credit to the Borrower or from otherwise conducting business with
the Credit Parties.

     

    
      	
              Section
      8 

            	
              EVENTS OF
      DEFAULT

            

    

     

    
      	
               
      

            	
              8.1

            	
              Events of
      Default.

            

    

     

    Any of
the following specified events shall constitute an Event of Default (each an
“Event of Default”):

     

    (a)           Payments:  the Borrower
shall (i) default in the payment when due (whether at maturity, on a date
fixed for a scheduled repayment, on a date on which a required prepayment is to
be made, upon acceleration or otherwise) of any principal of the Loans or any
reimbursement obligation in respect of any Unpaid Drawing; or
(ii) default, and such default shall continue for three or more
Business Days, in the payment when due of any interest on the Loans, or any Fees
or any other Obligations; or
 

    
      
         

      

      
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    (b)           Representations,
etc.:  any
representation, warranty or statement made by the Borrower, Holdings or any
other Credit Party herein or in any other Loan Document or in any statement,
agreement, instrument or certificate delivered or required to be delivered
pursuant hereto or thereto shall prove to be untrue in any material respect on
the date as of which made or deemed made; or

     

    (c)           Certain
Covenants:  the Borrower or
Holdings shall default in the due performance or observance by it of any term,
covenant or agreement contained in Sections 6.1, 6.9, 6.10 (excluding
Section 6.10(c)), 6.12 or Section 7 of this Agreement; or

     

    (d)           Other
Covenants:  the Borrower or
Holdings shall default in the due performance or observance by it of any term,
covenant or agreement contained in this Agreement or any other Loan Document,
other than those referred to in Section 8.1(a) or 8.1(b) or 8.1(c) above,
and such default is not remedied within 30 days after the earlier of (i) an
Authorized Officer of any Credit Party obtaining knowledge of such default or
(ii) the Borrower receiving written notice of such default from the
Administrative Agent; or

     

    (e)           Cross
Default Under Other Agreements:  any Credit Party
or any of its Subsidiaries shall default in any payment with respect to any
Material Indebtedness (other than the Obligations), and such default shall
continue after the applicable grace period, if any, specified in the agreement
or instrument relating to such Material Indebtedness the effect of which is to
cause, or permit the holder(s) of such Material Indebtedness to cause, such
Material Indebtedness to become due prior to its stated maturity; or
(ii) default in the observance or performance of any agreement or condition
relating to any such Material Indebtedness or contained in any instrument or
agreement evidencing, securing or relating thereto (and all grace periods
applicable to such observance, performance or condition shall have
expired), or any other event shall occur or condition exist, the effect of which
default or other event or condition is to cause, or to permit the holder or
holders of such Material Indebtedness (or a trustee or agent on behalf of such
holder or holders) to cause any such Material Indebtedness to become due prior
to its stated maturity; or any such Material Indebtedness of such Credit Party
or any of its Subsidiaries shall be declared to be due and payable, or shall be
required to be prepaid (other than by a regularly scheduled required prepayment
or redemption, prior to the stated maturity thereof or by a mandatory prepayment
required as a result of the issuance of additional debt or equity);
or

     

    (f)           Invalidity of
Loan Documents; Liens:  (i) any
material provision of any Loan Document, and for any reason other than as
expressly permitted hereunder or under such Loan Document or satisfaction in
full of all the Obligations, ceases to be in full force and effect;
(ii) any Credit Party contests in any manner the validity or enforceability
of any provision of any Loan Document to which it is a party and which has not
been terminated in accordance with its terms; (iii) any Credit Party denies
that it has any or further liability or obligation under any Loan Document to
which it is a party and which has not been terminated in accordance with its
terms, or purports to revoke, terminate or (other than in accordance with its
terms) rescind any Loan Document; or (iv) the Administrative Agent shall
not have or shall cease to have a valid and perfected Lien (with respect to
Intellectual Property, to the extent perfection may be achieved under United
States law and provided that additional filings may have yet to be made
to perfect the Lien with respect to any Copyright, Patent or Trademark
acquired by the Credit Parties after the Closing Date) in any Collateral
purported to be covered by the Security Documents with the priority required by
this Agreement and the relevant Security Document (or shall no longer be prior
to any Lien specified in clauses (i) or (viii) of the definition of
Standard Permitted Lien herein), in each case for any reason;
or
 

    
      
         

      

      
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    (g)          Judgments:  one or more
judgments, orders or decrees shall be entered against any Credit Party and/or
any of its Subsidiaries involving a liability (other than a liability covered by
insurance, as to which the carrier has adequate claims paying ability and has
not effectively reserved its rights) of $2,000,000 or more in the aggregate for
all such unvacated.  undischarged, unstayed or unbonded (as set forth
below) judgments, orders and decrees for the Borrower and its Subsidiaries, and
any such judgments or orders or decrees shall not have been (i) duly paid,
or (ii) vacated, discharged or stayed or bonded pending appeal within 30
days (or such longer period, not in excess of 60 days, during which enforcement
thereof, and the filing of any judgment lien, is effectively stayed or
prohibited) from the entry thereof; or

     

    (h)          Insolvency
Event:  any Insolvency Event
shall occur with respect to any Credit Party or any Subsidiary of any Credit
Party; or

     

    (i)           ERISA:  (i) any of the events
described in clauses (i) through (x) of Section 6.1(g) shall have
occurred which result in or could reasonably be expected to result in
liabilities of the Credit Parties in excess of $15,000,000 in the aggregate for
all such events or (ii) there shall result any event which gives rise to a
Lien under Section 302(f) or any other applicable section of ERISA with
respect to obligations in excess of $3,000,000 in the aggregate (it being
understood that the forgoing provision shall in no way modify the requirements
of Section 6.1(g)); or

     

    (j)           Change of
Control:  there occurs a
Change of Control.

     

    
      	
               
      

            	
              8.2

            	
              Remedies.

            

    

     

    Upon the
occurrence of any Event of Default, and at any time thereafter, if any Event of
Default shall then be continuing, the Administrative Agent shall, upon the
written request of the Required Lenders, by written notice to the Borrower, take
any or all of the following actions:

     

    (a)          declare
the Revolving Commitments terminated, whereupon the Revolving Commitment of each
Lender shall forthwith terminate immediately without any other notice of any
kind;

     

    (b)          declare
the principal of and any accrued interest in respect of all Loans, all Unpaid
Drawings and all other Obligations (other than any Obligations under any
Designated Hedge Agreements) owing hereunder and thereunder to be, whereupon the
same shall become, forthwith due and payable without presentment, demand,
protest or other notice of any kind, all of which are hereby waived by the
Borrower; or

     

    (c)          exercise
any other right or remedy available under any of the Loan Documents or
applicable law;

     

    provided that, if an Event of
Default specified in Section 8.1(h) shall occur, the result that would
occur upon the giving of written notice by the Administrative Agent as specified
in clauses (a) and/or (b) above shall occur automatically without the giving of
any such notice.

    
      
         

      

      
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              8.3

            	
              Application of
      Certain
      Payments and Proceeds.

            

    

     

    All
payments and other amounts received by the Administrative Agent or any Lender
through the exercise of remedies hereunder or under the other Loan Documents
shall, unless otherwise required by the terms of the other Loan Documents or by
applicable law, be applied as follows

     

    (i)           first, to the payment of that
portion of the Obligations constituting fees, indemnities and expenses and other
amounts (including attorneys’ fees and amounts due under Section 3) payable to
the Administrative Agent in its capacity as such;

     

    (ii)        second, to the payment of
that portion of the Obligations constituting fees, indemnities and expenses
(including attorneys’ fees and amounts due under Section 3) payable to each
Lender or each LC Issuer, ratably among them in proportion to the aggregate of
all such amounts:

     

    (iii)       third, to the payment of that
portion of the Obligations constituting accrued and unpaid interest on the Loans
and Unpaid Drawings with respect to Letters of Credit, ratably among the Lenders
in proportion to the aggregate of all such amounts;

     

    (iv)         fourth, pro rata to the payment of
(A) that portion of the Obligations constituting unpaid principal of the Loans
and Unpaid Drawings, ratably among the Lenders and each LC Issuer in proportion
to the aggregate of all such amounts, and (B) the amounts due to (1) Lenders and
their Affiliates in respect of Banking Services Obligations and (2) Designated
Hedge Creditors under Designated Hedge Agreements subject to confirmation by the
Administrative Agent that any calculations of termination or other payment
obligations are being made in accordance with normal industry
practice;

     

    (v)          fifth, to the Administrative
Agent for the benefit of each LC Issuer to cash collateralize the Stated Amount
of outstanding Letters of Credit;

     

    (vi)        sixth, to the payment of all
other Obligations of the Credit Parties owing under or in respect of the Loan
Documents that are then due and payable to the Administrative Agent, each LC
Issuer, the Swing Line Lender, the Lenders, the Designated Hedge Creditors and
the Lenders and their Affiliates in respect of Banking Services Obligations
ratably based upon the respective aggregate amounts of all such Obligations
owing to them on such date; and

     

    (vii)    
   finally, any remaining
surplus after all of the Obligations have been paid in full, to the Borrower or
to whomsoever shall be lawfully entitled thereto.

    
      
         

      

      
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              Section
      9 

            	
              THE ADMINISTRATIVE
      AGENT AND OTHER AGENTS

            

    

     

    
      	
               
      

            	
              9.1

            	
              Appointment.

            

    

     

    Each
Lender hereby irrevocably designates and appoints JPMCB to act as specified
herein and in the other Loan Documents, and each such Lender hereby irrevocably
authorizes JPMCB as the Administrative Agent for such Lender, to take such
action on its behalf under the provisions of this Agreement and the other Loan
Documents and to exercise such powers and perform such duties as are expressly
delegated to, the Administrative Agent by the terms of this Agreement and the
other Loan Documents, together with such other powers as are reasonably
incidental thereto.  The Administrative Agent agrees to act as such
upon the express conditions contained in this
Section.  Notwithstanding any provision to the contrary elsewhere in
this Agreement, the Administrative Agent shall not have any duties or
responsibilities, except those expressly set forth herein or in the other Loan
Documents, nor any fiduciary relationship with any Lender or LC Issuer, and no
implied covenants, functions, responsibilities, duties, obligations or
liabilities shall be read into this Agreement or otherwise exist against the
Administrative Agent.  Except for Section 9.11, the provisions of
this Section are solely for the benefit of the Administrative Agent and the
Lenders, and no Credit Party shall have any rights as a third party beneficiary
of any of the provisions hereof.  In performing its functions and
duties under this Agreement, the Administrative Agent shall act solely as agent
of the Lenders and does not assume and shall not be deemed to have assumed any
obligation or relationship of agency or trust with or for the Borrower or any of
its Subsidiaries.

     

    
      	
               
      

            	
              9.2

            	
              Delegation of
      Duties.

            

    

     

    The
Administrative Agent may execute any of its duties under this Agreement or any
other Loan Document by or through agents, sub-agents or attorneys-in-fact, and
shall be entitled to advice of counsel concerning all matters pertaining to such
duties. The Administrative Agent shall also be permitted from time to time to
designate one of its Affiliates to perform the duties to be performed by the
Administrative Agent hereunder with respect to Loans and Borrowings denominated
in Foreign Currency.

     

    
      	
               
      

            	
              9.3

            	
              Exculpatory
      Provisions.

            

    

     

    Neither
the Administrative Agent nor any of its Related Parties 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 Agreement or any other Loan Document (except for its or
such Related Parties’ own gross negligence, material breach in bad faith of the
express contractual obligations under the Loan Documents pursuant to a claim
made by a Lender, or willful misconduct) or (b) responsible in any manner to any
of the Lenders for any recitals, statements, representations or warranties made
by the Borrower or any of its Subsidiaries or any of their respective officers
contained in this Agreement, any other Loan Document or in any certificate,
report, statement or other document referred to or provided for in, or received
by the Administrative Agent under or in connection with, this Agreement or any
other Loan Document or for any failure of the Borrower or any Subsidiary of the
Borrower or any of their respective officers to perform its obligations
hereunder or thereunder.  The Administrative Agent shall not be under
any obligation to any Lender to ascertain or to inquire as to the observance or
performance of any of the agreements contained in, or conditions of, this
Agreement or any other Loan Document, or to inspect the properties, books or
records of the Borrower or any Subsidiary of the Borrower.  The
Administrative Agent shall not be responsible to any Lender for the
effectiveness, genuineness, validity, enforceability, collectibility or
sufficiency of this Agreement or any Loan Document or for any representations,
warranties, recitals or statements made herein or therein or made in any written
or oral statement or in any financial or other statements, instruments, reports,
certificates or any other documents in connection herewith or therewith
furnished or made by the Administrative Agent to the Lenders or by or on behalf
of the Borrower or any of its Subsidiaries to the Administrative Agent or any
Lender or be required to ascertain or inquire as to the performance or
observance of any of the terms, conditions, provisions, covenants or agreements
contained herein or therein or as to the use of the proceeds of the Loans or of
the existence or possible existence of any Default or Event of
Default.
 

    
      
         

      

      
        93

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              9.4

            	
              Reliance by
      Administrative Agent.

            

    

     

    The
Administrative Agent shall be entitled to rely, and shall be fully protected in
relying, upon any note, writing, resolution, notice, consent, certificate,
affidavit, letter, cablegram, telegram, e-mail or other electronic transmission,
facsimile transmission, telex or teletype message, statement, order or other
document or conversation believed by it, in good faith, 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 Borrower or any of its Subsidiaries), independent accountants and
other experts selected by the Administrative Agent.  The
Administrative Agent shall be fully justified in failing or refusing to take any
action under this Agreement or any other Loan Document unless it shall first
receive such advice or concurrence of the Required Lenders as it deems
appropriate or it shall first be indemnified to its satisfaction by the Lenders
against any and all liability and expense that may be incurred by it by reason
of taking or continuing to take any such action.  The Administrative
Agent shall in all cases be fully protected in acting, or in refraining from
acting, under this Agreement and the other Loan Documents in accordance with a
request of the Required Lenders (or all of the Lenders, as applicable, as to any
matter that, pursuant to Section 11.12, can only be effectuated with the
consent of all Lenders, or all Lenders, as the case may be), and such request
and any action taken or failure to act pursuant thereto shall be binding upon
all the Lenders.

     

    
      	
               
      

            	
              9.5

            	
              Notice of
      Default.

            

    

     

    The
Administrative Agent shall not be deemed to have knowledge or notice of the
occurrence of any Default or Event of Default hereunder unless the
Administrative Agent has received notice from a Lender or the Borrower referring
to this Agreement, describing such Default or Event of Default and stating that
such notice is a “notice of default.”  In the event that the
Administrative Agent receives such a notice, the Administrative Agent shall give
prompt notice thereof to the Lenders.  The Administrative Agent shall
take such action with respect to such Default or Event of Default as shall be
reasonably directed by the Required Lenders; provided, however, that
unless and until the Administrative Agent shall have received such directions,
the Administrative Agent may (but shall not be obligated to) take such action,
or refrain from taking such action, with respect to such Default or Event of
Default as it shall deem advisable in the best interests of the
Lenders.

     

    
      	
               
      

            	
              9.6

            	
              Non-Reliance.

            

    

     

    Each
Lender expressly acknowledges that neither the Administrative Agent nor any of
its Related Parties have made any representations or warranties to it and that
no act by the Administrative Agent hereinafter taken, including, without
limitation, any review of the affairs of the Borrower or any of its
Subsidiaries, shall be deemed to constitute any representation or warranty by
the Administrative Agent to any Lender.  Each Lender represents to the
Administrative Agent 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 appraisal of and
investigation into the business, assets, operations, property, financial and
other conditions, prospects and creditworthiness of the Borrower and its
Subsidiaries and made its own decision to make its Loans hereunder and enter
into this Agreement.  Each Lender also represents that it will,
independently and without reliance upon the Administrative Agent, or any other
Lender, and based on such documents and information as it shall deem appropriate
at the time, continue to make its own credit analysis, appraisals and decisions
in taking or not taking action under this Agreement, and to make such
investigation as it deems necessary to inform itself as to the business, assets,
operations, property, financial and other conditions, prospects and
creditworthiness of the Borrower and its Subsidiaries.  The
Administrative Agent shall not have any duty or responsibility to provide any
Lender, and shall not be liable for the failure to provide any Lender, with any
credit or other information, including without limitation information concerning
the business, operations, assets, property, financial and other conditions,
prospects or creditworthiness of the Borrower or any of its Subsidiaries that
may come into the possession of the Administrative Agent or any of its Related
Parties other than as specifically required by this Agreement..

     

      
        
           

        

        
          94

          
            

          

        

        
           

        

      

    

     

    
      	
               
      

            	
              9.7

            	
              No Reliance on Administrative
      Agent’s Customer
      Identification Program.

            

    

     

    Each
Lender acknowledges and agrees that neither such Lender, nor any of its
Affiliates, participants or assignees, may rely on the Administrative Agent to
carry out such Lender’s, Affiliate’s, participant’s or assignee’s customer
identification program, or other obligations required or imposed under or
pursuant to the USA Patriot Act or the regulations thereunder, including the
regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the
“CIP Regulations”).

     

    
      	
               
      

            	
              9.8

            	
              USA Patriot
      Act.

            

    

     

    Each
Lender or assignee or participant of a Lender that is not organized under the
laws of the United States or a state thereof (and is not excepted from the
certification requirement contained in Section 313 of the USA Patriot Act
and the applicable regulations because it is both (a) an affiliate of a
depository institution or foreign bank that maintains a physical presence in the
United States or foreign country, and (b) subject to supervision by a banking
authority regulating such affiliated depository institution or foreign bank)
shall deliver to the Administrative Agent the certification, or, if applicable,
recertification.  certifying that such Lender is not a “shell” and
certifying to other matters as required by Section 313 of the USA Patriot
Act and the applicable regulations:  (i) within 10 days after the
Closing Date, and (ii) at such other times as are required under the USA
Patriot Act.

     

    
      	
               
      

            	
              9.9

            	
              Indemnification.

            

    

     

    The
Lenders agree to indemnify the Administrative Agent and its Related Parties,
ratably according to their pro
rata share of the Aggregate Credit Facility Exposure (excluding Swing
Loans) (determined at the time such indemnification is sought), from and against
any and all liabilities, obligations, losses, damages, penalties, actions,
judgments, suits, costs, reasonable expenses or disbursements of any kind
whatsoever that may at any time (including, without limitation, at any time
following the payment of the Obligations) be imposed on, incurred by or asserted
against the Administrative Agent (in its capacity as Administrative Agent) or
such Related Parties in any way relating to or arising out of this Agreement or
any other Loan Document, or any documents contemplated by or referred to herein
or the transactions contemplated hereby or any action taken or omitted to be
taken by the Administrative Agent or such Related Parties under or in connection
with any of the foregoing, but only to the extent that any of the foregoing is
not paid by the Borrower, provided, however, that no
Lender shall be liable to the Administrative Agent or any of its Related Parties
for the payment of any portion of such liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements
to the extent resulting solely from the Administrative Agent’s or such Related
Parties’ gross negligence or willful misconduct.  If any indemnity
furnished to the Administrative Agent or any such Related Parties for any
purpose shall, in the opinion of the Administrative Agent, be insufficient or
become impaired, the Administrative Agent may call for additional indemnity and
cease, or not commence, to do the acts indemnified against until such additional
indemnity is furnished.  The agreements in this Section shall
survive the payment of all Obligations.
 

    
      
         

      

      
        95

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              9.10

            	
              The Administrative
      Agent in its Individual Capacity.

            

    

     

    The
Administrative Agent and its Affiliates may make loans to, accept deposits from
and generally engage in any kind of business with the Borrower, its Subsidiaries
and their Affiliates as though not acting as Administrative Agent
hereunder.  With respect to the Loans made by it and all Obligations
owing to it, the Administrative Agent shall have the same rights and powers
under this Agreement as any Lender and may exercise the same as though it were
not the Administrative Agent, and the terms “Lender” and “Lenders” shall include
the Administrative Agent in its individual capacity.

     

    
      	
               
      

            	
              9.11

            	
              Successor
      Administrative Agent.

            

    

     

    The
Administrative Agent may resign at any time upon not less than 30 days notice to
the Lenders, each LC Issuer and the Borrower.  Upon receipt of any
such notice of resignation, the Required Lenders shall have the right, with the
consent of the Borrower not to be unreasonably withheld or delayed, to appoint a
successor, which shall be a bank or a trust company or other financial
institution which maintains an office in New York, New York, or a commercial
bank organized under the laws of the United States or of any State thereof and
which maintains an office in New York, New York, or any affiliate of such bank
or trust company or other financial institution which is engaged in the banking
business, having a combined capital and surplus of at least
$500,000,000.  If no such successor shall have been so appointed by
the Required Lenders and shall have accepted such appointment within 30 days
after the retiring Administrative Agent gives notice of its resignation, then
the retiring Administrative Agent may on behalf of the Lenders and each LC
Issuer, appoint a successor Administrative Agent meeting the requirements set
forth in the preceding sentence; provided, however, that if
the Administrative Agent shall notify the Borrower and the Lenders that no such
successor is willing to accept such appointment, then such resignation shall
nonetheless become effective in accordance with such notice and (i) the
retiring Administrative Agent shall be discharged from its duties and
obligations hereunder and under the other Loan Documents (except that in the
case of any collateral security held by the Administrative Agent on behalf of
the Lenders or any LC Issuer under any of the Loan Documents, the retiring
Administrative Agent shall continue to hold such collateral security until such
time as a successor Administrative Agent is appointed) and (ii) all
payments, communications and determinations provided to be made by, to or
through the Administrative Agent shall instead be made by or to each Lender and
LC Issuer directly, until such time as the Required Lenders appoint a successor
Administrative Agent as provided for above in this paragraph.  Upon
the acceptance of a successor’s appointment as Administrative Agent hereunder,
such successor shall succeed to and become vested with all of the rights,
powers, privileges and duties of the retiring (or retired) Administrative Agent,
and the retiring Administrative Agent shall be discharged from all of its duties
and obligations hereunder or under the other Loan Documents (if not already
discharged therefrom as provided above in this paragraph).  The fees
payable by the Borrower to a successor Administrative Agent shall be the same as
those payable to its predecessor unless otherwise agreed between the Borrower
and such successor.  After the retiring Administrative Agent’s
resignation hereunder and under the other Loan Documents, the provisions of this
Section and Section 11.2 shall continue in effect for the benefit of
such retiring Administrative Agent, its sub-agents and their respective Related
Parties in respect of any actions taken or omitted to be taken by any of them
while the retiring Administrative Agent was acting as Administrative
Agent.
 

    
      
         

      

      
        96

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              9.12

            	
              Other
      Agents.

            

    

     

    Except as
expressly set forth elsewhere in this Agreement, any Lender identified herein as
a Syndication Agent (or Co-Syndication Agent), Documentation Agent (or
Co-Documentation Agent), Lead Arranger (or Co-Lead Arranger), Book Runner or any
other corresponding title, other than “Administrative Agent,” shall have no
right, power, obligation, liability, responsibility or duty under this Agreement
or any other Loan Document except those applicable to all Lenders as
such.  Each Lender acknowledges that it has not relied, and will not
rely, on any Lender so identified in deciding to enter into this Agreement or in
taking or not taking any action hereunder.

     

    
      	
              Section
      10 

            	
              GUARANTY

            

    

     

    
      	
               
      

            	
              10.1

            	
              Guaranty by the
      Borrower.

            

    

     

    The
Borrower hereby unconditionally guarantees, for the benefit of the Benefited
Creditors, all of the following (collectively, the “Borrower Guaranteed
Obligations”):  (a) all reimbursement obligations and Unpaid Drawings
with respect to Letters of Credit issued for the benefit of any LC Obligor
(other than the Borrower) under this Agreement, and (b) all amounts, indemnities
and reimbursement obligations, direct or indirect, contingent or absolute, of
every type or description, and at any time existing owing by any Credit Party
(other than the Borrower) under any Banking Services Agreement, Designated Hedge
Agreement or any other document or agreement executed and delivered in
connection therewith to any Designated Hedge Creditor, in all cases under
subparts (a) or (b) above, whether now existing, or hereafter incurred or
arising, including any such interest or other amounts incurred or arising during
the pendency of any bankruptcy, insolvency, reorganization, receivership or
similar proceeding, regardless of whether allowed or allowable in such
proceeding or subject to an automatic stay under Section 362(a) of the
Bankruptcy Code).  Upon failure by any Credit Party to pay punctually
any of the Borrower Guaranteed Obligations, the Borrower shall forthwith on
demand by the Administrative Agent pay the amount not so paid at the place and
in the currency and otherwise in the manner specified in this Agreement or any
other applicable agreement or instrument.

     

    
      	
               
      

            	
              10.2

            	
              Additional
      Undertaking.

            

    

     

    As a
separate, additional and continuing obligation, the Borrower unconditionally and
irrevocably undertakes and agrees, for the benefit of the Benefited Creditors
that, should any Borrower Guaranteed Obligations not be recoverable from the
Borrower under Section 10.1 for any reason whatsoever (including, without
limitation, by reason of any provision of any Loan Document or any other
agreement or instrument executed in connection therewith being or becoming void,
unenforceable, or otherwise invalid under any applicable law) then,
notwithstanding any notice or knowledge thereof by any Lender, the
Administrative Agent, any of their respective Affiliates, or any other person,
at any time, the Borrower, as sole, original and independent obligor, upon
demand by the Administrative Agent, will make payment to the Administrative
Agent, for the account of the Benefited Creditors, of all such obligations not
so recoverable by way of full indemnity, in such currency and otherwise in such
manner as is provided in the Loan Documents or any other applicable agreement or
instrument.
 

    
      
         

      

      
        97

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              10.3

            	
              Guaranty
      Unconditional.

            

    

     

    The
obligations of the Borrower under this Section shall be irrevocable,
unconditional and absolute and, without limiting the generality of the foregoing
shall not be released, discharged or otherwise affected by the occurrence, one
or more times, of any of the following:

     

    (a)          any
extension, renewal, settlement, compromise, waiver or release in respect to the
Borrower Guaranteed Obligations under any agreement or instrument, by operation
of law or otherwise;

     

    (b)          any
modification or amendment of or supplement to this Agreement, any Note, any
other Loan Document, or any agreement or instrument evidencing or relating to
the Borrower Guaranteed Obligations;

     

    (c)          any
release, non-perfection or invalidity of any direct or indirect security for the
Borrower Guaranteed Obligations under any agreement or instrument evidencing or
relating to any of the Borrower Guaranteed Obligations;

     

    (d)          any
change in the corporate existence, structure or ownership of any Credit Party or
other Subsidiary or any insolvency, bankruptcy, reorganization or other similar
proceeding affecting any Credit Party or other Subsidiary or its assets or any
resulting release or discharge of any obligation of any Credit Party or other
Subsidiary contained in any agreement or instrument evidencing or relating to
any of the Borrower Guaranteed Obligations:

     

    (e)          the
existence of any claim, set-off or other rights which the Borrower may have at
any time against any other Credit Party, the Administrative Agent, any Lender,
any Affiliate of any Lender or any other person, whether in connection herewith
or any unrelated transactions;

     

    (f)           any
invalidity or unenforceability relating to or against any other Credit Party for
any reason of any agreement or instrument evidencing or relating to any of the
Borrower Guaranteed Obligations, or any provision of applicable law or
regulation purporting to prohibit the payment by any Credit Party of any of the
Borrower Guaranteed Obligations; or

     

    (g)          any
other act or omission of any kind by any other Credit Party, the Administrative
Agent, any Lender or any other Person or any other circumstance whatsoever which
might, but for the provisions of this Section, constitute a legal or equitable
discharge of the Borrower’s obligations under this Section, all of which the
Borrower hereby unconditionally waives to the fullest extent permitted by law,
other than the irrevocable payment in full of all Borrower Guaranteed
Obligations (other than contingent indemnification obligations not yet due and
payable).
 

    
      
         

      

      
        98

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              10.4

            	
              Waivers.

            

    

     

    The
Borrower unconditionally waives, to the maximum extent permitted under any
applicable law now or hereafter in effect, insofar as its obligations under this
Section are concerned, (a) notice of any of the matters referred to in
Section 10.3, (b) all notices required by statute, rule of law or otherwise
to preserve any rights against the Borrower hereunder, including, without
limitation, any demand, presentment, proof or notice of dishonor or non-payment
of any of the Borrower Guaranteed Obligations, notice of acceptance of the
provisions of this Section 10, notice of the incurrence of any of the Borrower
Guaranteed Obligations, notice of any failure on the part of any Credit Party,
any of their Subsidiaries or Affiliates, or any other Person, to perform or
comply with any term or provision of the Credit Agreement, any other Loan
Document or any other agreement or instrument to which such Credit Party or any
other Person is a party, or notice of the commencement of any proceeding against
any other Person or its any of its property or assets, (c) any right to the
enforcement, assertion or exercise against any Credit Party or against any other
Person or any collateral of any right, power or remedy under or in respect of
the Credit Agreement, any other Loan Document or any other agreement or
instrument, and (d) any requirement that any such Credit Party be joined as a
party to any proceedings against the Borrower or any other Person for the
enforcement of any term or provision of the Credit Agreement, the other Loan
Documents, the provisions of this Section 10 or any other agreement or
instrument.

     

    
      	
               
      

            	
              10.5

            	
              Borrower Obligations
      to Remain in Effect; Restoration.

            

    

     

    The
Borrower’s obligations under this Section shall remain in full force and
effect until the Revolving Commitments shall have terminated, and the principal
of and interest on the Notes and other Borrower Guaranteed Obligations (other
than contingent indemnification obligations not yet due and payable), and all
other amounts payable by the Borrower, any other Credit Party or other
Subsidiary, under the Loan Documents or any other agreement or instrument
evidencing or relating to any of the Borrower Guaranteed Obligations (other than
contingent indemnification obligations not yet due and payable), shall have been
paid in full in cash.  If at any time any payment of any of the
Borrower Guaranteed Obligations is rescinded or must be otherwise restored or
returned upon the insolvency, bankruptcy or reorganization of such Credit Party,
the Borrower’s obligations under this Section with respect to such payment
shall be reinstated at such time as though such payment had been due but not
made at such time.

     

    
      	
               
      

            	
              10.6

            	
              Waiver
      of Acceptance, etc.

            

    

     

    The
Borrower irrevocably waives, to the full extent permitted by applicable law,
acceptance hereof, presentment, demand, protest and any notice not provided for
herein, as well as any requirement that at any time any action be taken by any
person against any other Credit Party or any other Person, or against any
collateral or guaranty of any other Person.

     

    
      	
               
      

            	
              10.7

            	
              Subrogation.

            

    

     

    Until the
payment in full in cash of all of the Obligations (other than contingent
indemnification obligations not yet due and payable) and the termination of the
Revolving Commitments hereunder, the Borrower shall have no rights, by operation
of law or otherwise, upon making any payment under this section to be subrogated
to the rights of the payee against any other Credit Party with respect to such
payment or otherwise to be reimbursed, indemnified or exonerated by any such
Credit Party in respect thereof.

     

    
      
         

      

      
        99

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              10.8

            	
              Effect of
      Stay.

            

    

     

    In the
event that acceleration of the time for payment of any amount payable by any
Credit Party under any of the Borrower Guaranteed Obligations is stayed upon
insolvency, bankruptcy or reorganization of such Credit Party, all such amounts
otherwise subject to acceleration under the terms of any applicable agreement or
instrument evidencing or relating to any of the Borrower Guaranteed Obligations
shall nonetheless be payable by the Borrower under this Section forthwith
on demand by the Administrative Agent.

     

    
      	
              Section
      11 

            	
              MISCELLANEOUS

            

    

     

    
      	
               
      

            	
              11.1

            	
              Payment
      of Expenses, etc.

            

    

     

    The
Borrower agrees to pay all of the following:  (i) whether or not
the transactions contemplated hereby are consummated, all reasonable and
documented out-of-pocket costs and expenses of the Administrative Agent and the
Co-Lead Arranger in connection with the negotiation, preparation, syndication,
administration and execution and delivery of the Loan Documents and the
documents and instruments referred to therein and the syndication of the
Revolving Commitments, including, without limitation, the reasonable fees and
disbursements of any individual primary outside counsel to the Administrative
Agent and the Co-Lead Arranger plus one additional local counsel in each local
jurisdiction as may be appropriate; (ii) all reasonable and documented
out-of-pocket costs and expenses of the Administrative Agent in connection with
any amendment, waiver or consent relating to any of the Loan Documents,
including, without limitation, the reasonable fees and disbursements of any
individual primary outside counsel to the Administrative Agent and the Co-Lead
Arranger plus one additional local counsel in each local jurisdiction as may be
appropriate; (iii) all reasonable and documented out-of-pocket costs and
expenses of the Administrative Agent, the Co-Lead Arranger and the Lenders and
any of their Affiliates that are owed any Obligations in connection with the
enforcement of any of the Loan Documents, including, without limitation, the
reasonable fees and disbursements of any individual primary counsel to the
Administrative Agent and the Co-Lead Arranger, plus one additional local counsel
in each local jurisdiction, as may be appropriate (and single primary counsel
for the Lenders), plus additional counsel in light of actual or potential
conflicts of interest or the availability of different claims or defenses; and
(iv) any and all present and future stamp and other similar taxes with
respect to the foregoing matters and save the Administrative Agent and each of
the Lenders harmless from and against any and all liabilities with respect to or
resulting from any delay or omission (other than to the extent attributable to
any such indemnified Person) to pay such taxes.

     

    
      	
               
      

            	
              11.2

            	
              Indemnification.

            

    

     

    The
Borrower agrees to indemnify the Administrative Agent, each Lender and the
Co-Lead Arranger and their respective Related Parties (collectively, the
“Indemnitees”) from and hold each of them harmless against any and all actual
penalties, losses, liabilities, claims, damages or expenses reasonably incurred
by any of them as a result of, or arising out of, or in any way related to, or
by reason of (i) any investigation, litigation or other proceeding (whether
or not any such Indemnitee is a party thereto) related to the entering into
and/or performance of any Loan Document or the use of the proceeds of any Loans
hereunder or the consummation of any transactions contemplated in any Loan
Document, or (ii) (A) the presence of Hazardous Materials in the air,
surface water or groundwater or on the surface or subsurface of any Real
Property owned, leased or operated by any Credit Party or any of its
Subsidiaries, (B) the release, generation, storage, transportation, handling or
disposal of Hazardous Materials at any location, whether or not owned or
operated by any Credit Party or any of its Subsidiaries, (C) the non-compliance
by any Credit Party or any of its Subsidiaries with Environmental Laws
(including applicable permits thereunder) applicable thereto, or (D) any
Environmental Claim asserted against any Credit Party or any of its
Subsidiaries, in respect of any such owned, leased or operated Real Property,
including, in the case of each of (i) and (ii) above, without
limitation, the reasonable documented fees and disbursements of counsel incurred
in connection with any such investigation, litigation or other proceeding (but
excluding any such losses, liabilities, claims, damages or expenses to the
extent incurred by reason of the gross negligence, willful misconduct or
material breach in bad faith of the express contractual obligations under the
Loan Documents pursuant to a claim made by the Borrower, of the Administrative
Agent or any Lender as finally determined by a court of competent
jurisdiction).  To the extent that the undertaking to indemnify, pay
or hold harmless any Person set forth in the preceding sentence may be
unenforceable because it is violative of any law or public policy, the Borrower
shall make the maximum contribution to the payment and satisfaction of each of
the indemnified liabilities that is permissible under applicable
law.
 

    
      
         

      

      
        100

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              11.3

            	
              Right of
      Setoff.

            

    

     

    In
addition to any rights now or hereafter granted under applicable law or
otherwise, and not by way of limitation of any such rights, upon the occurrence
and during the continuance of an Event of Default, each Lender and each LC
Issuer is hereby authorized, except to the extent prohibited by law, at any time
or from time to time, without presentment, demand, protest or other notice of
any kind to the Borrower or to any other Person, any such notice being hereby
expressly waived, to set off and to appropriate and apply any and all deposits
(general or special) and any other Indebtedness at any time held or owing by
such Lender or such LC Issuer (including, without limitation, by branches,
agencies and Affiliates of such Lender or LC Issuer wherever located) to or for
the credit or the account of the Borrower against and on account of the
Obligations and liabilities of the Borrower to such Lender or LC Issuer under
this Agreement or under any of the other Loan Documents, irrespective of whether
or not such Lender or LC Issuer shall have made any demand hereunder and
although said Obligations, liabilities or claims, or any of them, shall be
contingent or unmatured.  Each Lender and LC Issuer agrees to promptly
notify the Borrower after any such set off and application, provided, however, that the
failure to give such notice shall not affect the validity of such set off and
application.

     

    
      	
               
      

            	
              11.4

            	
              Equalization.

            

    

     

    (a)          Equalization.

     

    If at any
time any Lender receives any amount hereunder (whether by voluntary payment, by
realization upon security, by the exercise of the right of setoff or banker’s
lien, by counterclaim or cross action, by the enforcement of any right under the
Loan Documents, or otherwise) that is applicable to the payment of the principal
of, or interest on, the Loans (other than Swing Loans), LC Participations, Swing
Loan Participations or Fees (other than Fees that are intended to be paid solely
to the Administrative Agent or an LC Issuer and amounts payable to a Lender
under Section 3), of a sum that with respect to the related sum or sums received
by other Lenders is in a greater proportion than the total of such Obligation
then owed and due to such Lender bears to the total of such Obligation then owed
and due to all of the Lenders immediately prior to such receipt, then such
Lender receiving such excess payment shall purchase for cash without recourse or
warranty from the other Lenders an interest in the Obligations to such Lenders
in such amount as shall result in a proportional participation by all of the
Lenders in such amount.

     

    
      
         

      

      
        101

        
          

        

      

      
         

      

    

    (b)          Recovery of
Amounts.

     

    If any
amount paid to any Lender pursuant to subpart (a) above is recovered in whole or
in part from such Lender, such original purchase shall be rescinded, and the
purchase price restored ratably to the extent of the recovery.

     

    (c)          Consent of
Borrower.

     

    The
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 the Borrower rights of
set-off and counterclaim with respect to such participation as fully as if such
Lender were a direct creditor of the Borrower in the amount of such
participation.

     

    (d)          Failure to Make
Payment.

     

    If any
Lender shall fail to make any payment required to be made by it pursuant to
Section 2.3(b) or (c), 2.4(g), 2.6(e), 2.6(f) or 9.9, then the Administrative
Agent may, in its discretion and notwithstanding any contrary provision hereof,
(i) apply any amounts thereafter received by the Administrative Agent for the
account of such Lender for the benefit of the Administrative Agent, the Swing
Line Lender or the applicable LC Issuer to satisfy such Lender’s obligations to
it under such Section until all such unsatisfied obligations are fully paid,
and/or (ii) hold any such amounts in a segregated account as cash collateral
for, and application to, any future funding obligations of such Lender under any
such Section, in the case of each of clauses (i) and (ii) above, in any order as
determined by the Administrative Agent in its discretion.

     

    
      	
               
      

            	
              11.5

            	
              Notices.

            

    

     

    (a)          Generally.

     

    Except in
the case of notices and other communications expressly permitted hereunder to be
given by telephone (and except as provided in subpart (c) below), all notices
and other communications provided for herein shall be in writing and shall be
delivered by hand or overnight courier service, mailed by certified or
registered mail or sent by telecopier as follows:

     

    (i)      
    if to the Borrower, to it at:

     

    Roller
Bearing Company of America, Inc.

    One
Tribology Center

    Oxford,
Connecticut 06478

    Attention:  Chief
Financial Officer and Corporate General Counsel

    Telephone
No.:  (203) 267-7001

    Facsimile
No.:  (203) 267-5001 Email:  dbergeron@rbcbearings.com,

    twilliams@rbcbearings.com

    
      
         

      

      
        102

        
          

        

      

      
         

      

    

     

    with a
copy, in the case of a notice of Default, to:

     

    Kirkland
& Ellis LLP

    153 E.
53rd Street

    New York,
New York 10022

    Attention:  Armand
A. Della Monica and Patricia Betterly

    Telephone
No.:  (212) 446-4800

    Facsimile
No.:  (212) 446-6460

    Email:  armand.dellamonica@kirkland.com,

    patricia.betterly@kirkland.com

     

    (ii)   
     if to any other Credit Party, to it, care of the
Borrower, at the Borrower’s address listed above;

     

    (iii)   
    if to the Administrative Agent, to it at the Notice
Office; and

     

    (iv)     
   if to a Lender, to it at its address (or telecopier number)
set below its name on the signature pages hereto or, in the case of any Lender
that becomes a party to this Agreement by way of assignment under
Section 11.6 of this Agreement, to it at the address set forth in the
Assignment Agreement to which it is a party;

     

    (b)      
   Receipt
of Notices.

     

    Notices
and communications sent by hand or overnight courier service, or mailed by
certified or registered mail, shall be deemed to have been given when received;
notices sent by telecopier shall be deemed to have been given when sent and
receipt has been confirmed by telephone.  Notices delivered through
electronic communications to the extent provided in subpart (c) below, shall be
effective as provided in such subpart (c).

     

    (c)          Electronic
Communications.

     

    (i)          Notices
and other communications to the Administrative Agent, an LC Issuer or any Lender
hereunder and required to be delivered pursuant to Sections 6.1(a), 6.1(b),
6.1(c), 6.1(d), 6.1(e), 6.1(i), 6.1(j) or 6.1(k) may be delivered or furnished
by electronic communication (including e-mail and Internet or intranet web
sites) pursuant to procedures approved by the Administrative
Agent.  The Administrative Agent, any LC Issuer or the Borrower may,
in their discretion, agree in a separate writing to accept notices and other
communications to them hereunder by electronic communications pursuant to
procedures approved by them, provided that approval of
such procedures may be limited to particular notices or
communications.  Unless the Administrative Agent otherwise prescribes,
(i) notices and other communications sent to an e-mail address shall be
deemed received upon the sender’s receipt of an acknowledgement from the
intended recipient (such as by the “return receipt requested” function, as
available, return e-mail or other written acknowledgement), provided that if such notice
or other communication is not sent during the normal business hours of the
recipient, such notice or communication shall be deemed to have been sent at the
opening of business on the next Business Day for the recipient, and
(ii) notices or communications posted to an Internet or intranet web site
shall be deemed received upon the deemed receipt by the intended recipient at
its e-mail address as described in the foregoing clause (i) of notification
that such notice or communication is available and identifying the web site
address therefor.

     

    
      
         

      

      
        103

        
          

        

      

      
         

      

    

     

    (ii)        The
Borrower agrees that the Administrative Agent may make any information delivered
by the Borrower to the Administrative Agent pursuant to Section 6.1
available to the Lenders by posting such notices on a secured website (such as
IntraLinks) or another secured electronic medium acceptable to the
Borrower.  The Borrower acknowledges that (A) the distribution of
material through an electronic medium is not necessarily secure and that there
are confidentiality and other risks associated with such distribution, (B) such
secured website and other electronic medium are provided “as is” and “as
available” and (C) neither the Administrative Agent nor any of its Affiliates
warrants the accuracy, adequacy or completeness of any such secured website or
other electronic medium and each expressly disclaims liability for errors or
omissions in any material or other information distributed via any such secured
website or other electronic medium.  No warranty of any kind, express,
implied or statutory, including, without limitation, any warranty of
merchantability, fitness for a particular purpose, non-infringement of third
party rights or freedom from viruses or other code defects, is made by the
Administrative Agent or any of its Affiliates in connection with any such
secured website or other electronic medium.

     

    (iii)       Each
Lender agrees that notice to such Lender (as provided in the next sentence)
specifying that any information provided by the Borrower to the Administrative
Agent pursuant to Section 6.1 has been posted on any secured website or
other electronic medium in accordance with Section 11.5(c)(ii) above
shall constitute effective delivery of such information to such Lender for
purposes of this Agreement; provided that if requested by any Lender the
Administrative Agent shall deliver a copy of such information to such Lender by
email or telecopier.  Each Lender agrees (A) to notify the
Administrative Agent in writing of such Lender’s e-mail address to which such
notice may be sent by electronic transmission (including by electronic
communication) on or before the date such Lender becomes a party to this
Agreement (and from time to time thereafter to ensure that the Administrative
Agent has on record an effective e-mail address for such Lender) and (B) that
any notice may be sent to such e-mail address.

     

    (d)          Change of
Address, Etc.

     

    Any party
hereto may change its address or telecopier number for notices and other
communications hereunder by notice to each of the other parties hereto in
accordance with Section 11.5(a).

     

    
      	
               
      

            	
              11.6

            	
              Successors and
      Assigns.

            

    

     

    (a)          Successors
and Assigns Generally.

     

    This
Agreement shall be binding upon and inure to the benefit of and be enforceable
by the parties hereto and their respective successors and assigns; provided, however, that
neither Holdings nor the Borrower may assign or transfer any of its rights or
obligations hereunder without the prior written consent of all the Lenders,
provided, further, that any assignment
or participation by a Lender of any of its rights and obligations hereunder
shall be effected in accordance with this
Section 11.6.
 

    
      
         

      

      
        104

        
          

        

      

      
         

      

    

    (b)          Participations.

     

    Each
Lender may at any time grant participations in any of its rights hereunder or
under any of the Notes to an Eligible Assignee, provided that in the case of
any such participation,

     

    (i)          the
participant shall not have any rights under this Agreement or any of the other
Loan Documents, including rights of consent, approval or waiver (the
participant’s rights against such Lender in respect of such participation to be
those set forth in the agreement executed by such Lender in favor of the
participant relating thereto),

     

    (ii)        such
Lender’s obligations under this Agreement (including, without limitation, its
Revolving Commitments hereunder) shall remain unchanged,

     

    (iii)       such
Lender shall remain solely responsible to the other parties hereto for the
performance of such obligations,

     

    (iv) 
      such Lender shall remain the holder of the
Obligations owing to it and of any Note issued to it for all purposes of this
Agreement, and

     

    (v)         the
Borrower, the Administrative Agent, and the other Lenders shall continue to deal
solely and directly with the selling Lender in connection with such Lender’s
rights and obligations under this Agreement, and all amounts payable by the
Borrower hereunder shall be determined as if such Lender had not sold such
participation, except only that the participant shall be entitled to the
benefits of Section 3, to the same extent as if it were a Lender and had
acquired its interest by assignment pursuant to Section 11.6(c); provided that a
participant shall not be entitled to receive any greater payments under Section
3.3 than the applicable Lender would have been entitled to receive with respect
to the participation sold, unless (i) the sale of the participation is made with
the Borrower’s prior written consent, and (ii) such participant agrees, for the
benefit of the Borrower, to comply with Section 3.3(b) as though it were a
Lender;

     

    and,
provided further, that no Lender shall
transfer, grant or sell any participation under which the participant shall have
rights to approve any amendment to or waiver of this Agreement or any other Loan
Document except to the extent such amendment or waiver would (x) extend the
final scheduled maturity of any of the Loans in which such participant is
participating, or reduce the rate or extend the time of payment of interest or
Fees thereon (except in connection with a waiver of the applicability of any
post-default increase in interest rates), or reduce the principal amount
thereof, or increase such participant’s participating interest in any Revolving
Commitment over the amount thereof then in effect (it being understood that a
waiver of any Default or Event of Default shall not constitute a change in the
terms of any such Revolving Commitment), (y) release all or any substantial
portion of the Collateral, or release any guarantor from its guaranty of any of
the Obligations, except strictly in accordance with the terms of the Loan
Documents, or (z) consent to the assignment or transfer by the Borrower of any
of its rights and obligations under this Agreement.
 

    
      
         

      

      
        105

        
          

        

      

      
         

      

    

     

    (c)           Assignments
by Lenders.

     

    (i)          Any
Lender may assign all, or if less than all, any portion of its Loans, LC
Participations, Swing Loan Participations and/or Revolving Commitments and its
rights and obligations hereunder to one or more Eligible Assignees, each of
which shall become a party to this Agreement as a Lender by execution of an
Assignment Agreement; provided, however,
that

     

    (A)           except
in the case (x) of an assignment of the entire remaining amount of the assigning
Lender’s Loans and/or Revolving Commitments or (y) an assignment to another
Lender, an Affiliate of such Lender or an Approved Fund of any Lender, the
aggregate amount of the Revolving Commitment so assigned (which for this purpose
includes the Loans outstanding thereunder) shall not be less than
$5,000,000;

     

    (B)           in
the case of any assignment to an Eligible Assignee at the effective time of any
such assignment, as determined by the Administrative Agent in accordance with
subsection (iv) below, the Lender Register shall be deemed modified to
reflect the Revolving Commitments of such new Lender and of the existing
Lenders;

     

    (C)           upon
surrender of the old Notes, if any, upon request of the new Lender, new Notes
will be issued, at the Borrower’s expense, to such new Lender and to the
assigning Lender, to the extent needed to reflect the revised Revolving
Commitments; and

     

    (D)           unless
waived by the Administrative Agent, the Administrative Agent shall receive at
the time of each such assignment, from the assigning or assignee Lender, the
payment of a non-refundable assignment fee of $3,500 (treating multiple
contemporaneous assignments to or from Approved Funds of a single Lender as one
assignment for purposes of such requirement).

     

    (ii)        To
the extent of any assignment pursuant to this subpart (c), the assigning Lender
shall be relieved of its obligations hereunder with respect to its assigned
Revolving Commitments.

     

    (iii)       At
the time of each assignment pursuant to this subpart (c) to a Person that is not
already a Lender hereunder, the respective assignee Lender shall provide to the
Borrower and the Administrative Agent the applicable Internal Revenue Service
Forms (and any necessary additional documentation) described in
Section 3.3(b) to the extent it is legally able to do so.

     

    (iv)        With
respect to any Lender, the transfer of any commitment of such Lender and the
rights to the principal of, and interest on, any Loan made pursuant to such
Revolving Commitment shall not be effective until such transfer is recorded on
the Lender Register maintained by the Administrative Agent with respect to
ownership of such Revolving Commitment and Loans and prior to such recordation
all amounts owing to the transferor with respect to such Revolving Commitment
and Loans shall remain owing to the transferor.  The registration of
assignment or transfer of all or part of any Revolving Commitments and Loans
shall be recorded by the Administrative Agent on the Lender Register only upon
the acceptance by the Administrative Agent of a properly executed and delivered
Assignment Agreement pursuant to this subpart (c).

    
      
         

      

      
        106

        
          

        

      

      
         

      

    

     (v)        Nothing
in this Section shall prevent or prohibit (A) any Lender that is a bank,
trust company or other financial institution from pledging its Notes or Loans to
a Federal Reserve Bank in support of borrowings made by such Lender from such
Federal Reserve Bank, or (B) any Lender that is a trust, limited liability
company, partnership, fund or other investment company from pledging its Notes
or Loans to a trustee or agent for the benefit of holders of certificates or
debt securities issued by it.  No such pledge, or any assignment
pursuant to or in lieu of an enforcement of such a pledge, shall relieve
the transferor Lender from its obligations hereunder.

     

    
      	
               
      

            	
              11.7

            	
              No Waiver; Remedies
      Cumulative.

            

    

     

    No
failure or delay on the part of the Administrative Agent or any Lender in
exercising any right, power or privilege hereunder or under any other Loan
Document and no course of dealing between the Borrower and the Administrative
Agent or any Lender shall operate as a waiver thereof; nor shall any single or
partial exercise of any right, power or privilege hereunder or under any other
Loan Document preclude any other or further exercise thereof or the exercise of
any other right, power or privilege hereunder or thereunder.  No
notice to or demand on the Borrower in any case shall entitle the Borrower to
any other or further notice or demand in similar or other circumstances or
constitute a waiver of the rights of the Administrative Agent or the Lenders to
any other or further action in any circumstances without notice or
demand.  Without limiting the generality of the foregoing, the making
of a Loan or any LC Issuance shall not be construed as a waiver of any Default
or Event of Default, regardless of whether the Administrative Agent, any Lender
or any LC Issuer may have had notice or knowledge of such Default or Event of
Default at the time.  The rights and remedies herein expressly
provided are cumulative and not exclusive of any rights or remedies that the
Administrative Agent or any Lender would otherwise have.

     

    
      	
               
      

            	
              11.8

            	
              Governing Law;
      Submission to Jurisdiction; Venue; Waiver of Jury Trial.

            

    

     

    (a)           THIS
AGREEMENT AND THE OTHER LOAN DOCUMENTS AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER AND THEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE
GOVERNED BY THE LAW OF THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF
CONFLICTS OF LAWS (OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS
LAW).  TO THE FULLEST EXTENT PERMITTED BY LAW, THE BORROWER HEREBY
UNCONDITIONALLY AND IRREVOCABLY WAIVES ANY CLAIM TO ASSERT THAT THE LAW OF ANY
JURISDICTION OTHER THAN THE STATE OF NEW YORK GOVERNS THIS AGREEMENT OR ANY OF
THE OTHER LOAN DOCUMENTS.  Any legal action or proceeding with respect
to this Agreement or any other Loan Document may be brought in the Supreme Court
of the State of New York sitting in New York County or in the United States
District Court of the Southern District of New York, and, by execution and
delivery of this Agreement, the Borrower hereby irrevocably accepts for itself
and in respect of its property, generally and unconditionally, the jurisdiction
of the aforesaid courts.  The Borrower hereby further irrevocably
consents to the service of process out of any of the aforementioned courts in
any such action or proceeding by the mailing of copies thereof by registered or
certified mail, postage prepaid, to the Borrower at its address for notices
pursuant to Section 11.5, such service to become effective 30 days after
such mailing or at such earlier time as may be provided under applicable
law.  Nothing herein shall affect the right of the Administrative
Agent or any Lender to serve process in any other manner permitted by law or to
commence legal proceedings or otherwise proceed against the Borrower in any
other jurisdiction.

    
      
         

      

      
        107

        
          

        

      

      
         

      

    

     

    (b)           The
Borrower hereby irrevocably waives any objection that it may now or hereafter
have to the laying of venue of any of the aforesaid actions or proceedings
arising out of or in connection with this Agreement or any other Loan Document
brought in the courts referred to in Section 11.8(a) above and hereby
further irrevocably waives and agrees not to plead or claim in any such court
that any such action or proceeding brought in any such court has been brought in
an inconvenient forum.

     

    (c)           EACH
OF THE PARTIES TO THIS AGREEMENT HEREBY IRREVOCABLY WAIVES ALL RIGHT TO A TRIAL
BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO
THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS (INCLUDING, WITHOUT
LIMITATION, ANY AMENDMENTS, WAIVERS OR OTHER MODIFICATIONS RELATING TO ANY OF
THE FOREGOING), OR THE TRANSACTIONS CONTEMPLATED HEREBY OR
THEREBY.  EACH PARTY HERETO HEREBY (A) CERTIFIES THAT NO
REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK
TO ENFORCE THE FOREGOING WAIVER, AND (B) ACKNOWLEDGES THAT IT AND THE OTHER
PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER
THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS PARAGRAPH.

     

    
      	
               
      

            	
              11.9

            	
              Counterparts.

            

    

     

    This
Agreement may be executed in any number of counterparts and by the different
parties hereto on separate counterparts, each of which when so executed and
delivered shall be an original, but all of which shall together constitute one
and the same agreement.  A set of counterparts executed by all the
parties hereto shall be lodged with the Borrower and the Administrative
Agent.

     

    
      	
            	
              11.10

            	
              Integration.

            

    

     

    This
Agreement and the other Loan Documents constitute the entire contract among the
parties relating to the subject matter hereof and thereof and supersede any and
all previous agreements and understandings, oral or written, relating to the
subject matter hereof or thereof; provided, however, that,
notwithstanding the foregoing, any term or provision set forth in that certain
Commitment Letter, dated as of October 15, 2010, among the Borrower, JPMCB and
J.P. Morgan Securities LLC that, pursuant to the express terms of such letter,
survives beyond the Closing Date, shall continue to remain in effect in
accordance with the terms of such letter.

     

    
      	
            	
              11.11

            	
              Headings
      Descriptive.

            

    

     

    The
headings of the several Sections and other portions of this Agreement are
inserted for convenience only and shall not in any way affect the meaning or
construction of any provision of this Agreement.

    
      
         

      

      
        108

        
          

        

      

      
         

      

    

     

    
      	
            	
              11.12

            	
              Amendment
      or Waiver.

            

    

     

    (a)           Neither
this Agreement nor any other Loan Document, nor any terms hereof or thereof, may
be amended, changed, waived or otherwise modified unless such amendment, change,
waiver or other modification is in writing and signed by the Borrower, the
Administrative Agent and the Required Lenders or by the Administrative Agent
acting at the written direction of the Required Lenders; provided, however,
that

     

    (i)          no
change, waiver or other modification shall

     

    (A)           increase
the amount of the Revolving Commitment of any Lender hereunder (other than as
provided in Section 2.2(b)), without the written consent of such
Lender;

     

    (B)           extend
or postpone the maturity date provided for herein that is applicable to any Loan
of any Lender, extend or postpone the expiration date of any Letter of Credit in
which such Lender has an LC Participation beyond the latest expiration date for
a Letter of Credit provided for herein, or extend or postpone any scheduled
expiration or termination date provided for herein that is applicable to
Revolving Commitment of any Lender, without the written consent of such
Lender;

     

    (C)           reduce
the principal amount of any Loan made by any Lender, or reduce the rate or
extend the time of payment of, or excuse the payment of, interest thereon (other
than as a result of (x) waiving the applicability of any post-default increase
in interest rates or (y) any amendment to defined terms used in financial
covenants), without the written consent of such Lender (it being understood that
a modification to or waiver of Section 2.12(b)(iv), 2.12(b)(v) or
2.12(b)(vi) or to the definitions Cash Proceeds or Net Cash Proceeds shall
only require the consent of the Required Revolving Lenders);

     

    (D)           reduce
the amount of any Unpaid Drawing, or reduce the rate or extend the time of
payment of, or excuse the payment of, interest thereon (other than as a result
of waiving the applicability of any post-default increase in interest rates),
without the written consent of each Revolving Lender; or

     

    (E)           reduce
the rate or extend the time of payment of, or excuse the payment of, any Fees to
which any Lender is entitled hereunder, without the written consent of such
Lender;

     

    (ii)         no
change in, or waiver or other modification otherwise affecting, the amount or
time of payment of any scheduled or mandatory reduction in the Total Revolving
Commitment provided for in Section 2.11 to which a Revolving Lender shall
be entitled shall be made without the written consent of each Revolving
Lender;

     

    (iii)       unless
another subpart of this Section 11.12 is specifically applicable, no
change, waiver or other modification directly affecting the rights and benefits
of the Revolving Lenders, and not all Lenders in a like or similar manner, shall
be made without the written consent of the Required Revolving
Lenders;

    
      
         

      

      
        109

        
          

        

      

      
         

      

    

     

    (iv)        no
change, waiver or other modification or termination shall, without the written
consent of each Lender directly affected thereby,

     

    (A)           release
the Borrower or Holdings from any of its obligations hereunder or any Loan
Document, except in accordance with this Agreement;

     

    (B)           release
the Borrower from its guaranty obligations under Section 10 or release any
Credit Party from the Subsidiary Guaranty, except, in the case of a Subsidiary
Guarantor, in accordance with a transaction permitted under this
Agreement;

     

    (C)           release
all or substantially all of the Collateral, except in accordance with this
Agreement;

     

    (D)           amend,
modify or waive any provision of this Section 11.12, Section 2.13(c)
or 2.13(e), Section 8.3, or any other provision of any of the Loan
Documents pursuant to which the consent or approval of all Lenders, or a number
or specified percentage or other required grouping of Lenders or Lenders having
Revolving Commitments, is by the terms of such provision explicitly
required;

     

    (E)           reduce
the percentage specified in, or otherwise modify, the definition of Required
Lenders or Required Revolving Lenders; or

     

    (F)           consent
to the assignment or transfer by the Borrower or Holdings of any of its rights
and obligations under this Agreement.

     

    (v)         the
Administrative Agent, without the direction or separate authorization of the
Required Lenders, may approve any change, waiver or other modification that is
of a routine, administrative, ministerial or non-controversial nature, as
reasonably determined by the Administrative Agent, and any such change, waiver
or modification approved by the Administrative Agent shall be binding on the
Lenders.

     

    Any
waiver or consent with respect to this Agreement given or made in accordance
with this Section shall be effective only in the specific instance and for
the specific purpose for which it was given or made.

     

    (b)           No
provision of Section 2.4 or any other provision in this Agreement
specifically relating to Letters of Credit may be amended without the consent of
any LC Issuer adversely affected thereby.

     

    (c)           No
provision of Section 9 may be amended without the consent of the Administrative
Agent and no provision of Section 2.3 may be amended without the consent of
the Swing Line Lender.

     

    (d)           No amendment to Section 2.14 of this
Agreement shall be effective without the written consent of the Administrative
Agent, the Swing Line Lender and each LC Issuer.

    
      
         

      

      
        110

        
          

        

      

      
         

      

    

    (e)           To
the extent the Required Lenders (or all of the Lenders as shall be required by
this Section) waive the provisions of Section 7.2 with respect to the sale,
transfer or other disposition of any Collateral, or any Collateral is sold,
transferred or disposed of as permitted by Section 7.2, (i) such
Collateral shall be sold, transferred or disposed of free and clear of the Liens
created by the respective Security Documents; (ii) if such Collateral
includes all of the capital stock of Credit Party that is a party to the
Subsidiary Guaranty or the Parent Guaranty or whose stock is pledged pursuant to
the Security Agreement, such capital stock shall be released from the Security
Agreement and such Credit Party shall be released from the Subsidiary Guaranty
or the Parent Guaranty, as applicable; and (iii) the Administrative Agent
shall be authorized to take actions deemed appropriate by it in order to
effectuate the foregoing.

     

    
      	
            	
              11.13

            	
              Survival of
      Indemnities.

            

    

     

    All
indemnities set forth herein including, without limitation, in Section 3
(subject to the limitations set forth Section 3.1(c)), Section 9.9 or
Section 11.2 shall survive the execution and delivery of this Agreement and
the making and repayment of the Obligations and any assignment made pursuant to
Section 11.6(c).

     

    
      	
            	
              11.14

            	
              Domicile of
      Loans.

            

    

     

    Each
Lender may transfer and carry its Loans at, to or for the account of any branch
office, subsidiary or affiliate of such Lender; provided, however, that the
Borrower shall not be responsible for costs arising under Section 3.1
resulting from any such transfer (other than a transfer pursuant to
Section 3.5) to the extent not otherwise applicable to such Lender with
respect to its Loans prior to such transfer.

     

    
      	
            	
              11.15

            	
              Confidentiality.

            

    

     

    (a)           Each
of the Administrative Agent, each LC Issuer and the Lenders agrees to maintain
the confidentiality of all Confidential Information, except that Confidential
Information may be disclosed (i) to its and its Affiliates’ directors,
officers, trustees, employees and agents, including accountants, legal counsel
and other advisors in connection with the performance of their duties relating
to the Credit Parties and the Loan Documents (it being understood that the
persons to whom such disclosure is made will be informed of the confidential
nature of such Confidential Information), (ii) to any direct contractual
counterparty in any Hedge Agreement (or to any such contractual counterparty’s
professional advisor, so long as such contractual counterparty (or such
professional advisor) agrees to be bound by the provisions of this
Section 11.15, (iii) to the extent requested by any regulatory
authority, (iv) to the extent required by applicable laws or regulations or
by any subpoena or similar legal process, (v) to any other party to this
Agreement, (vi) in connection with the exercise of any remedies hereunder
or under any of the other Loan Documents, or any suit, action or proceeding
relating to this Agreement or any of the other Loan Documents or the enforcement
of rights hereunder or thereunder, (vii) subject to an agreement containing
provisions substantially the same as those of this Section 11.15, to any
assignee of or participant in, or any prospective assignee of or participant in,
any of its rights or obligations under this Agreement, or (viii) with the
consent of the Borrower; provided that with respect to clauses (iii) and
(iv) above, (A) to the extent permitted by applicable law and to the
extent the Administrative Agent will not, in its reasonable judgment, incur
legal liability for doing so, the Administrative Agent shall provide the
applicable Credit Party with written notice of the request for disclosure, (B)
to the extent permitted by applicable law and at the expense of the Credit
Parties, the Administrative Agent will cooperate with the Credit Parties’
reasonable efforts to obtain a protective order or similar confidentiality
treatment; and (C) the Administrative Agent shall disclose only that portion of
the Confidential Information that it determines in its good faith judgment to be
required to comply with such request or requirement.

    
      
         

      

      
        111

        
          

        

      

      
         

      

    

     

    (b)           As
used in this Section, “Confidential Information” means all non-public
information furnished by the Credit Parties.  For the avoidance of
doubt, the following shall not constitute “Confidential
Information”:  (i) any information which becomes generally
available to the public without the breach by any Person of any obligation to
the Credit Parties under this Agreement and (ii) any such non-public
information which was otherwise available to the Administrative Agent,
the LC Issuers or the Lenders on a non-confidential basis prior to being
identified  by a Credit Party as confidential.

     

    (c)           Any
Person required to maintain the confidentiality of Confidential Information as
provided in this Section shall be considered to have complied with its
obligation to do so if such Person has exercised at least the same degree of
care to maintain the confidentiality of such Confidential Information as would
be exercised by a prudent person, acting reasonably and
responsibly.  The Borrower hereby agrees that the failure of the
Administrative Agent, any LC Issuer or any Lender to comply with the provisions
of this Section shall not relieve the Borrower, or any other Credit Party,
of any of their obligations under this Agreement or any of the other Loan
Documents.

     

    
      	
            	
              11.16

            	
              Limitations on
      Liability of the LC Issuers.

            

    

     

    The
Borrower assumes all risks of the acts or omissions of any beneficiary or
transferee of any Letter of Credit with respect to its use of such Letters of
Credit.  Neither any LC Issuer nor any of its officers or directors
shall be liable or responsible for:  (a) the use that may be made of
any Letter of Credit or any acts or omissions of any beneficiary or transferee
in connection therewith; (b) the validity, sufficiency or genuineness of
documents, or of any endorsement thereon, even if such documents should prove to
be in any or all respects invalid, insufficient, fraudulent or forged; (c)
payment by an LC Issuer against presentation of documents that do not comply
with the terms of a Letter of Credit, including failure of any documents to bear
any reference or adequate reference to such Letter of Credit; or (d) any other
circumstances whatsoever in making or failing to make payment under any Letter
of Credit.  except that the LC Obligor shall have a claim against an
LC Issuer, and an LC Issuer shall be liable to such LC Obligor, to the
extent of any direct, but not consequential, damages suffered by such LC Obligor
that such LC Obligor proves were caused by (i) such LC Issuer’s willful
misconduct or gross negligence or failure to follow the standards of care
specified in the UCC or (ii) such LC Issuer’s willful failure to make
lawful payment under any Letter of Credit after the presentation to it of
documentation strictly complying with the terms and conditions of such Letter of
Credit.  In furtherance and not in limitation of the foregoing, an
LC Issuer may accept documents that appear on their face to be in order,
without responsibility for further investigation.

     

    
      	
            	
              11.17

            	
              General Limitation of
      Liability.

            

    

     

    No claim
may be made by any Credit Party, any Lender, the Administrative Agent, any LC
Issuer or any other Person against the Administrative Agent, any LC Issuer, or
any other Lender, or the Affiliates, directors, officers, employees, attorneys
or agents of any of them for any damages other than actual compensatory damages
in respect of any claim for breach of contract or any other theory of liability
arising out of or related to the transactions contemplated by this Agreement or
any of the other Loan Documents, or any act, omission or event occurring in
connection therewith, and each party hereto, to the fullest extent permitted
under applicable law, waives, releases and agrees not to sue or counterclaim
upon any such claim for any special, consequential or punitive damages, whether
or not accrued and whether or not known or suspected to exist in its
favor.  Holdings and the Borrower agree to cause each of their
Subsidiaries to comply with the provisions of this
Section 11.17.

    
      
         

      

      
        112

        
          

        

      

      
         

      

    

     

    
      	
            	
              11.18

            	
              Lenders and Agent Not
      Fiduciary to Borrower, etc.

            

    

     

    The
relationship among the Credit Parties and their Subsidiaries, on the one hand,
and the Administrative Agent, each LC Issuer and the Lenders, on the other hand,
is solely that of debtor and creditor, and the Administrative Agent, each LC
Issuer and the Lenders have no fiduciary or other special relationship with the
Credit Parties and their Subsidiaries, and no term or provision of any Loan
Document, no course of dealing, no written or oral communication, or other
action, shall be construed so as to deem such relationship to be other than that
of debtor and creditor.

     

    
      	
            	
              11.19

            	
              Survival of
      Representations and Warranties.

            

    

     

    All
representations and warranties herein shall survive the making of Loans and all
LC Issuances hereunder, the execution and delivery of this Agreement, the Notes
and the other documents the forms of which are attached as Exhibits hereto, the
issue and delivery of the Notes, any disposition thereof by any holder thereof,
and any investigation made by the Administrative Agent or any Lender or any
other holder of any of the Notes or on its behalf.

     

    
      	
            	
              11.20

            	
              Severability.

            

    

     

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

     

    
      	
            	
              11.21

            	
              Independence of
      Covenants.

            

    

     

    All
covenants hereunder shall be given independent effect so that if a particular
action, event, condition or circumstance is not permitted by any of such
covenants, the fact that it would be permitted by an exception to, or would
otherwise be within the limitations or restrictions of, another covenant, shall
not avoid the occurrence of a Default or an Event of Default if such action is
taken or event, condition or circumstance exists.

     

    
      	
            	
              11.22

            	
              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 that are treated as
interest on such Loan under applicable law (collectively, the “Charges”), shall
exceed the maximum lawful rate (the “Maximum Rate”) that may be contracted for,
charged, taken, received or reserved by the 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 Base Rate to the date of repayment, shall
have been received by such Lender.

    
      
         

      

      
        113

        
          

        

      

      
         

      

    

     

    
      	
            	
              11.23

            	
              Judgment
      Currency.

            

    

     

    If the
Administrative Agent, on behalf of the Lenders, obtains a judgment or judgments
against any Credit Party in a Designated Foreign Currency, any Dollar
denominated obligations of the Borrower in respect of any sum adjudged to be due
to the Administrative Agent or the Lenders hereunder or under the Notes (the
“Judgment Amount”) shall be discharged only to the extent that, on the Business
Day following receipt by the Administrative Agent of the Judgment Amount in the
Designated Foreign Currency, the Administrative Agent, in accordance with normal
banking procedures, may purchase Dollars with the Judgment Amount in such
Designated Foreign Currency.  If the amount of Dollars so purchased is
less than the amount of Dollars that could have been purchased with the Judgment
Amount on the date or dates the Judgment Amount (excluding the portion of the
Judgment Amount which has accrued as a result of the failure of the Borrower to
pay the sum originally due hereunder or under the Notes when it was originally
due hereunder or under the Notes) was originally due and owing (the “Original
Due Date”) to the Administrative Agent or the Lenders hereunder or under the
Notes (the “Loss”), the Borrower agrees as a separate obligation and
notwithstanding any such judgment, to indemnify the Administrative Agent or such
Lender, as the case may be, against the Loss, and if the amount of Dollars so
purchased exceeds the amount of Dollars that could have been purchased with the
Judgment Amount on the Original Due Date, the Administrative Agent or such
Lender agrees to remit such excess to the Borrower.

     

    
      	
            	
              11.24

            	
              USA Patriot
      Act.

            

    

     

    Each
Lender subject to the USA Patriot Act hereby notifies the Borrower that pursuant
to the requirements of the USA Patriot Act, it is required to obtain, verify and
record information that identifies the Credit Parties, which information
includes the name and address of each Credit Party and other information that
will allow such Lender to identify the Credit Parties in accordance with the USA
Patriot Act.

     

    [Remainder
of page intentionally left blank.]

    
      
         

      

      
        114

        
          

        

      

      
         

      

    

    IN
WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this
Agreement to be duly executed and delivered as of the date first above
written.

     

    
      
        
          	 
      	
                  ROLLER
      BEARING COMPANY OF AMERICA, INC., as Borrower

                
	 
      	 
      	 
      
	 
      	
                  By:

                	
                  /s/Daniel A. Bergeron

                
	 
      	 
      	
                  Name:
      Daniel A. Bergeron

                
	 
      	 
      	
                  Title:  
      Vice President, CFO

                
	 
      	 
      	 
      
	 
      	
                  RBC
      BEARINGS INCORPORATED, as Holdings

                
	 
      	 
      	 
      
	 
      	
                  By:

                	
                  /s/Daniel A. Bergeron

                
	 
      	 
      	
                  Name:
      Daniel A. Bergeron

                
	 
      	 
      	
                  Title:  
      Vice President, CFO

                

        

      

    

     

    Signature
Page to RBC Bearings

    Credit
Agreement

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

     

    
      
        
          	 
      	
                  JPMORGAN
      CHASE BANK, N.A.,

                
	 
      	
                  as
      the Administrative Agent, the Swing Line Lender, a Lender and an LC
      Issuer

                
	 
      	 
      	 
      
	 
      	
                  By:

                	
                  /s/ D Scott Farquhar

                
	 
      	 
      	
                  Name:
      D Scott Farquhar

                
	 
      	 
      	
                  Title: 
       Vice President

                
	 
      	 
      	 
      
	 
      	
                  J.P.
      MORGAN SECURITIES LLC,

                
	 
      	
                  as
      Co-Lead Arranger and Joint Book Runner

                
	 
      	 
      	 
      
	 
      	
                  By:

                	
                  /s/ T. David Short

                
	 
      	 
      	
                  Name:
      T. David Short

                
	 
      	 
      	
                  Title:  
      Vice President

                
	 
      	 
      	 
      
	 
      	
                  Address:

                
	 
      	 
      
	 
      	
                  2
      Corporate Drive, Suite 730

                
	 
      	
                  Shelton,
      CT 06484

                
	 
      	
                  Attention:  Scott
      Farquhar

                
	 
      	
                  Facsimile:  (203)
      944-8495

                
	 
      	
                  Email:  Scott.Farquhar@chase.com

                

        

      

    

     

     [Signature
pages of other Lenders follow.]

     

    Signature
Page to RBC Bearings

    Credit
Agreement

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

     

    
      
        
          	 
      	
                  KEYBANK
      NATIONAL ASSOCIATION,

                
	 
      	
                  as
      Syndication Agent, Co-Lead Arranger, Joint Book Runner and a
      Lender

                
	 
      	 
      	 
      
	 
      	
                  By:

                	
                  /s/Suzannah Harris

                
	 
      	 
      	
                  Name:
      Suzannah Harris

                
	 
      	 
      	
                  Title: 
       Vice President

                
	 
      	 
      	 
      
	 
      	
                  Address:

                
	 
      	 
      
	 
      	
                  127
      Public Square

                
	 
      	
                  Cleveland,
      OH  44114

                
	 
      	
                  Attention:  Suzannah
      Harris

                
	 
      	
                  Facsimile:  (216)
      689-4649

                
	 
      	
                  Email:  Suzannah_Harris@KeyBank.com

                

        

      

    

     

    Signature
Page to RBC Bearings

    Credit
Agreement

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

     

    
      
        
          	 
      	
                  BANK
      OF AMERICA, N.A.,

                
	 
      	
                  as
      a Lender

                
	 
      	 
      	 
      
	 
      	
                  By:

                	
                  /s/
      Jason Guerra

                
	 
      	 
      	
                  Name:
      Jason Guerra

                
	 
      	 
      	
                  Title:  
      Vice President

                

        

      

    

     

    Signature
Page to RBC Bearings

    Credit
Agreement

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

     

    
      
        	 
      	
                WELLS
      FARGO BANK, N.A.,

              
	 
      	
                as
      a Lender

              
	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/
      Neel Morey

              
	 
      	 
      	
                Name:
      Neel Morey

              
	 
      	 
      	
                Title:  
      Vice President

              

      

    

     

    Signature
Page to RBC Bearings

    Credit
Agreement

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

     

    
      
        	 
      	
                RBS
      CITIZENS,

              
	 
      	
                as
      a Lender

              
	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Thomas F. McNamara

              
	 
      	 
      	
                Name:
      Thomas F. McNamara

              
	 
      	 
      	
                Title:  
      Senior Vice President

              

      

    

     

    Signature
Page to RBC Bearings

    Credit
Agreement

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

     

    
      
        	 
      	
                FIFTH
      THIRD BANK,

              
	 
      	
                as
      a Lender

              
	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/
      Valerie Schanzer

              
	 
      	 
      	
                Name:
      Valerie Schanzer

              
	 
      	 
      	
                Title:  
      Vice President

              

      

    

     

    Signature
Page to RBC Bearings

    Credit
Agreement

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    Schedule
1

     

    Lenders and Revolving
Commitments

     

    
      
        
          
            
              
                
                  
                    	
                            Lender

                          	 	
                            Revolving

                            Commitment

                          	 	 	
                            Revolving Facility

                            Percentage

                          	 
	
                            JPMorgan
      Chase Bank, N.A.

                          	 	$	32,500,000	 	 	 	21.67	%
	
                            KeyBank
      National Association

                          	 	$	32,500,000	 	 	 	21.67	%
	
                            Bank
      of America, N.A.

                          	 	$	27,500,000	 	 	 	18.33	%
	
                            Well
      Fargo Bank, N.A.

                          	 	$	27,500,000	 	 	 	18.33	%
	
                            RBS
      Citizens, National Association

                          	 	$	20,000,000	 	 	 	13.33	%
	
                            Fifth
      Third Bank

                          	 	$	10,000,000	 	 	 	6.67	%
	 
      	 	 	 	 	 	 	 	 
	
                            Total:

                          	 	$	150,000,000.00	 	 	 	100	%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00181-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00181-of-00352.parquet"}]]