Document:

exv4w3

Exhibit 4.3

 

CoStar Group, Inc.

as Issuer

 

INDENTURE

Dated as of [                    ]

 

[              
                       ]

as Trustee

Debt Securities

 

 

 

[CROSS-REFERENCE SHEET*

	 	 	 	 	 
	TIA Section	 	 	Indenture Section	 
	310 (a)(1)
	 	 	7.9	 
	(a)(2)
	 	 	7.9	 
	(a)(3)
	 	 	N/A	 
	(a)(4)
	 	 	N/A	 
	(a)(5)
	 	 	N/A	 
	(b)
	 	 	N/A	 
	311 (a)
	 	 	7.10	 
	(b)
	 	 	7.10	 
	312 (a)
	 	 	2.6	 
	(b)
	 	 	10.2	 
	(c)
	 	 	N/A	 
	313 (a)
	 	 	N/A	 
	(b)(1)
	 	 	N/A	 
	(b)(2)
	 	 	N/A	 
	(c)
	 	 	10.1	 
	(d)
	 	 	N/A	 
	314 (a)
	 	 	4.5(a)	 
	(b)
	 	 	N/A	 
	(c)(1)
	 	 	2.3, 8.1(a)–(c), 10.03, 11.03	 
	(c)(2)
	 	 	2.3, 8.1(a)–(c), 10.03, 11.03	 
	(c)(3)
	 	 	8.1(a) and (b)	 
	(d)
	 	 	N/A	 
	(e)
	 	 	10.04	 
	(f)
	 	 	N/A	 
	315 (a)
	 	 	7.1(b)	 
	(b)
	 	 	7.5	 
	(c)
	 	 	7.1(a)	 
	(d)
	 	 	7.1(c), 7.2(d)	 
	(e)
	 	 	6.14	 
	316 (a) (last sentence)
	 	 	2.10	 
	(a)(1)(A)
	 	 	6.12	 
	(a)(1)(B)
	 	 	6.13	 
	(a)(2)
	 	 	N/A	 
	(b)
	 	 	6.8	 
	317 (a)(1)
	 	 	6.3, 6.5	 
	(a)(2)
	 	 	6.4	 
	(b)
	 	 	2.5	 
	318(a)
	 	 	N/A	 

 

			
	*	 	This cross reference sheet shall not, for any purpose, be deemed to be a part of the Indenture.

Attention should also be directed to Section 318(c) of the Trust Indenture Act of 1939, as amended,
which provides that the provisions of Sections 310 through 317 of such Act are a part of and govern
every qualified indenture, whether or not physically contained therein.]

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page
	ARTICLE I. DEFINITIONS AND INCORPORATION BY REFERENCE 
	 	 	1	 
	Section 1.1. Definitions
	 	 	1	 
	Section 1.2. Other Definitions
	 	 	4	 
	Section 1.3. Rules of Construction
	 	 	5	 
	ARTICLE II. THE SECURITIES 
	 	 	5	 
	Section 2.1. Issuable in Series
	 	 	5	 
	Section 2.2. Establishment of Terms of Series of Securities
	 	 	6	 
	Section 2.3. Execution and Authentication
	 	 	8	 
	Section 2.4. Registrar, Paying Agent and Transfer Agent
	 	 	10	 
	Section 2.5. Paying Agent to Hold Money in Trust
	 	 	10	 
	Section 2.6. Securityholder Lists
	 	 	11	 
	Section 2.7. Transfer and Exchange
	 	 	11	 
	Section 2.8. Mutilated, Destroyed, Lost and Stolen Securities
	 	 	11	 
	Section 2.9. Outstanding Securities
	 	 	12	 
	Section 2.10. Treasury Securities
	 	 	13	 
	Section 2.11. Temporary Securities
	 	 	13	 
	Section 2.12. Cancellation
	 	 	13	 
	Section 2.13. Global Securities
	 	 	13	 
	Section 2.14. CUSIP Numbers
	 	 	15	 
	ARTICLE III. REDEMPTION 
	 	 	15	 
	Section 3.1. Notice to Trustee; No Liability for Calculations
	 	 	15	 
	Section 3.2. Selection of Securities to be Redeemed
	 	 	15	 
	Section 3.3. Notice of Redemption
	 	 	16	 
	Section 3.4. Effect of Notice of Redemption
	 	 	17	 
	Section 3.5. Deposit of Redemption Price
	 	 	17	 
	Section 3.6. Securities Redeemed in Part
	 	 	17	 
	Section 3.7. Sinking Fund
	 	 	18	 
	Section 3.8. Satisfaction of Sinking Fund Payments with Securities
	 	 	18	 
	Section 3.9. Redemption of Securities for Sinking Fund
	 	 	18	 
	ARTICLE IV. COVENANTS 
	 	 	19	 
	Section 4.1. Payment of Principal, Premium and Interest
	 	 	19	 
	Section 4.2. Compliance Certificate
	 	 	19	 
	Section 4.3. Stay, Extension and Usury Laws
	 	 	19	 
	Section 4.4. Corporate Existence
	 	 	20	 
	Section 4.5. Reports
	 	 	20	 
	ARTICLE V. SUCCESSORS 
	 	 	20	 
	Section 5.1. Consolidation, Merger and Sale of Assets
	 	 	20	 
	ARTICLE VI. DEFAULTS AND REMEDIES 
	 	 	21	 
	Section 6.1. Events of Default
	 	 	21	 
	Section 6.2. Acceleration of Maturity; Rescission and Annulment
	 	 	22	 
	Section 6.3. Collection of Indebtedness and Suits for Enforcement by Trustee 
	 	 	22	 
	Section 6.4. Trustee May File Proofs of Claim
	 	 	23	 
	Section 6.5. Trustee May Enforce Claims Without Possession of Securities
	 	 	24	 

i

 

	 	 	 	 	 
	 	 	Page
	Section 6.6. Application of Money Collected
	 	 	24	 
	Section 6.7. Limitation on Suits
	 	 	24	 
	Section 6.8. Unconditional Right of Holders to Receive Principal and Interest
	 	 	25	 
	Section 6.9. Restoration of Rights and Remedies
	 	 	25	 
	Section 6.10. Rights and Remedies Cumulative
	 	 	25	 
	Section 6.11. Delay or Omission Not Waiver
	 	 	26	 
	Section 6.12. Control by Holders
	 	 	26	 
	Section 6.13. Waiver of Past Defaults
	 	 	26	 
	Section 6.14. Undertaking for Costs
	 	 	26	 
	ARTICLE VII. TRUSTEE 
	 	 	27	 
	Section 7.1. Duties of Trustee
	 	 	27	 
	Section 7.2. Rights of Trustee
	 	 	28	 
	Section 7.3. May Hold Securities
	 	 	29	 
	Section 7.4. Trustee’s Disclaimer
	 	 	30	 
	Section 7.5. Notice of Defaults
	 	 	30	 
	Section 7.6. Compensation and Indemnity
	 	 	30	 
	Section 7.7. Replacement of Trustee
	 	 	31	 
	Section 7.8. Successor Trustee by Merger, etc.
	 	 	32	 
	Section 7.9. Eligibility; Disqualification
	 	 	33	 
	Section 7.10. Preferential Collection of Claims Against Issuer
	 	 	33	 
	ARTICLE VIII. DISCHARGE OF INDENTURE 
	 	 	33	 
	Section 8.1. Termination of Issuer’s Obligations
	 	 	33	 
	Section 8.2. Application of Trust Money
	 	 	37	 
	Section 8.3. Repayment to Issuer
	 	 	37	 
	Section 8.4. Reinstatement
	 	 	37	 
	ARTICLE IX. AMENDMENTS AND WAIVERS 
	 	 	37	 
	Section 9.1. Without Consent of Holders
	 	 	37	 
	Section 9.2. With Consent of Holders
	 	 	38	 
	Section 9.3. Limitations
	 	 	39	 
	Section 9.4. Form of Amendments
	 	 	40	 
	Section 9.5. Revocation and Effect of Consents
	 	 	40	 
	Section 9.6. Notation on or Exchange of Securities
	 	 	40	 
	Section 9.7. Trustee Protected
	 	 	40	 
	ARTICLE X. MISCELLANEOUS 
	 	 	41	 
	Section 10.1. Notices
	 	 	41	 
	Section 10.2. Communication by Holders with Other Holders
	 	 	42	 
	Section 10.3. Certificate and Opinion as to Conditions Precedent
	 	 	42	 
	Section 10.4. Statements Required in Certificate or Opinion
	 	 	42	 
	Section 10.5. Rules by Trustee and Agents
	 	 	43	 
	Section 10.6. Legal Holidays
	 	 	43	 
	Section 10.7. No Personal Liability of Directors, Officers, Employees and Certain Others
	 	 	43	 
	Section 10.8. Counterparts
	 	 	43	 
	Section 10.9. Governing Laws
	 	 	43	 
	Section 10.10. No Adverse Interpretation of Other Agreements
	 	 	44	 
	Section 10.11. Successors
	 	 	44	 

 

 

	 	 	 	 	 
	 	 	Page
	Section 10.12. Severability
	 	 	44	 
	Section 10.13. Table of Contents, Headings, Etc.
	 	 	44	 
	Section 10.14. Judgment Currency
	 	 	44	 
	Section 10.15. English Language
	 	 	45	 
	Section 10.16. Submission to Jurisdiction; Appointment of Agent
	 	 	45	 
	Section 10.17. Waiver of Immunity
	 	 	45	 
	Section 10.18. Waiver of Jury Trial
	 	 	46	 
	ARTICLE XI. SUBORDINATION OF SECURITIES 
	 	 	46	 
	Section 11.1. Subordination Terms
	 	 	46	 

 

 

          Indenture dated as of [                    ] between CoStar Group, Inc., a Delaware corporation (the
“Issuer”), and [                    ], as trustee (the “Trustee”).

          Each party agrees as follows for the benefit of the other parties and for the equal and
ratable benefit of the Holders (as defined below) of the Securities (as defined below) issued under
this Indenture.

ARTICLE I.

DEFINITIONS AND INCORPORATION BY REFERENCE

     Section 1.1. Definitions.

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

          “Agent” means any Registrar, Paying Agent or Transfer Agent or any other agent appointed
pursuant to this Indenture.

          “Board of Directors” means the Board of Directors of the Issuer, or any duly authorized
committee thereof.

          “Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant
Secretary of the Issuer to have been adopted by the Board of Directors or pursuant to authorization
by the Board of Directors and to be in full force and effect on the date of the certification and
delivered to the Trustee.

          “Business Day” means, unless otherwise provided by Board Resolution, Officer’s Certificate or
supplemental indenture for a particular Series, any day except a Saturday, Sunday or a Legal
Holiday in The City of New York on which banking institutions are authorized or required by law,
regulation or executive order to close.

          “Capital Stock” means (1) in the case of a corporation, corporate stock; (2) in the case of an
association or business entity, any and all shares, interests, participations, rights or other
equivalents (however designated) of corporate stock; (3) in the case of a partnership or limited
liability company, partnership interests (whether general or limited) or membership interests; and
(4) 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, the issuing Person, but excluding from
all of the foregoing any debt securities convertible into Capital Stock, whether or not such debt
securities include any right of participation with Capital Stock.

          “Certificated Securities” means definitive Securities in registered non-global certificated
form.

 

 

          “Company Order” or “Company Request” means a written order signed in the name of the Issuer by
one of the Officers of the Issuer.

          “Corporate Trust Office” means the office of the Trustee at which at any particular time its
corporate trust business shall be principally administered, which, as of the date hereof is the
address set forth in Section 10.1.

          “Default” means any event which is, or after notice or passage of time or both would be, an
Event of Default.

          “Depositary” means, with respect to the Securities of any Series issuable or issued in whole
or in part in the form of one or more Global Securities, the Person designated as Depositary for
such Series by the Issuer which Depositary shall be a clearing agency registered under the Exchange
Act; and if at any time there is more than one such Person, “Depositary” as used with respect to
the Securities of any Series shall mean the Depositary with respect to the Securities of such
Series.

          “Discount Security” means any Security that provides for an amount less than the stated
principal amount thereof to be due and payable upon declaration of acceleration of the maturity
thereof pursuant to Section 6.2.

          “Dollars” or “$” means the currency of The United States of America.

          “Exchange Act” means the Securities Exchange Act of 1934, as amended.

          “GAAP” means accounting principles generally accepted in the United States of America set
forth in the 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 have been approved
by a significant segment of the accounting profession, which are in effect from time to time.

          “Global Security” or “Global Securities” means a Security or Securities, as the case may be,
in the form established pursuant to Section 2.2 evidencing all or part of a Series of Securities,
issued to the Depositary for such Series or its nominee, and registered in the name of such
Depositary or nominee.

          “Government Obligations” means securities which are (i) direct obligations of The United
States of America for the payment of which its full faith and credit is pledged or (ii) obligations
of a Person controlled or supervised by and acting as an agency or instrumentality of The United
States of America the payment of which is unconditionally guaranteed as a full faith and credit
obligation by The United States of America, and which in the case of (i) and (ii) are not callable
or redeemable at the option of the issuer thereof, and shall also include a depository receipt
issued by a bank or trust company as custodian with respect to any such Government Obligation or a
specific payment of interest on or principal of any such Government Obligation held by such
custodian for the account of the holder of a depository receipt, provided that (except as required
by law) such custodian is not authorized to make any deduction from the amount

2

 

payable to the holder of such depository receipt from any amount received by the custodian
with respect to the Government Obligation evidenced by such depository receipt.

          “Holder” or “Securityholder” means a Person in whose name a Security is registered in the
register maintained by the Registrar.

          “Indenture” means this Indenture as amended or supplemented from time to time and shall
include the form and terms of particular Series of Securities established as contemplated
hereunder.

          “Issue Date” means, with respect to any Security, the date of original issuance of such
Security.

          “Maturity”, when used with respect to any Security, means the date on which the principal of
such Security becomes due and payable as therein or herein provided, whether at the Stated Maturity
or by declaration of acceleration, call for redemption or otherwise.

          “Officer” means the Chief Executive Officer, Chief Operating Officer, Chief Financial Officer,
Chief Accounting Officer, President, any Vice-President, the Treasurer, a Director, the Chairman,
the Secretary, any Assistant Treasurer or any Assistant Secretary of the Issuer.

          “Officer’s Certificate” means a certificate signed by an Officer of the Issuer.

          “Opinion of Counsel” means a written opinion of legal counsel who is acceptable to the
Trustee. The counsel may be a direct or indirect employee of or counsel to the Issuer.

          “Periodic Offering” means an offering of Securities of a Series from time to time, during
which any or all of the specific terms of the Securities, including the rate or rates of interest,
if any, thereon, the maturity or maturities thereof and the redemption provisions, if any, with
respect thereto, are to be determined by the Issuer or its agents upon the issuance of such
Securities in accordance with the terms of the relevant supplemental indenture.

          “Person” means any individual, corporation, partnership, limited liability company,
association, joint venture, trust, joint stock company or any other entity or organization,
including a government or political subdivision or an agency or instrumentality thereof.

          “principal” of a Security means the principal of the Security plus, when appropriate, the
premium, if any, on the Security.

          “Responsible Officer” means any officer of the Trustee in its Corporate Trust Office
responsible for the administration of this Indenture and also means, with respect to a particular
corporate trust matter, any other officer to whom any corporate trust matter is referred because of
his or her knowledge of and familiarity with a particular subject.

          “Restricted Security”, with respect to any Series of Securities, means a Security of such
Series, unless or until it has been (i) effectively registered under the Securities Act and

3

 

disposed of in accordance with a registration statement with respect to such Series or (ii)
distributed to the public pursuant to Rule 144 under the Securities Act or any similar provision
then in force.

          “SEC” means the Securities and Exchange Commission.

          “Securities” means the debentures, notes or other debt instruments of the Issuer of any Series
authenticated and delivered under this Indenture.

          “Securities Act” means the Securities Act of 1933, as amended.

          “Series” or “Series of Securities” means each series of Securities of the Issuer created
pursuant to Sections 2.1 and 2.2 hereof.

          “Stated Maturity” when used with respect to any Security, means the date specified in such
Security as the fixed date on which the principal of such Security or interest is due and payable.

          “Subsidiary” means, with respect to any specified Person, (a) any corporation, association or
other business entity of which more than 50% of the total voting power of shares of Capital Stock
entitled (without regard to the occurrence of any contingency and after giving effect to any voting
agreement or stockholders’ agreement that effectively transfers voting power) to vote in the
election of directors, managers or trustees of the corporation, association or other business
entity which 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); and (b) any partnership
or limited liability company of which (x) more than 50% of the capital accounts, distribution
rights, total equity and voting interests or general and limited partnership interests, as
applicable, are owned or controlled, directly or indirectly, by such Person or one or more of the
other subsidiaries of that Person or a combination thereof, whether in the form of membership,
general, special or limited partnership interests or otherwise, and (y) such Person or any
subsidiary of such Person is a controlling general partner or otherwise controls such entity.

          “Trustee” means the Person named as the “Trustee” in the first paragraph of this instrument
until a successor Trustee shall have become such pursuant to the applicable provisions of this
Indenture, and thereafter “Trustee” shall mean or include each Person who is then a Trustee
hereunder, and if at any time there is more than one such Person, “Trustee” as used with respect to
the Securities of any Series shall mean the Trustee with respect to Securities of that Series.

          “Unrestricted Securities”, with respect to any Series of Securities, means a Security (i)
effectively registered under the Securities Act and disposed of in accordance with a registration
statement with respect to such Series or (ii) distributed to the public pursuant to Rule 144 under
the Securities Act or any similar provision then in force.

     Section 1.2. Other Definitions.

4

 

	 	 	 	 	 
	 	 	DEFINED IN
	TERM	 	SECTION
	“Acceleration Notice”

	 	6.2	 	 
	“Bankruptcy Law”

	 	6.1	 	 
	“covenant defeasance”

	 	8.1(b)	 	
	“Custodian”

	 	6.1	 	 
	“Event of Default”

	 	6.1	 	 
	“Issuer”

	 	Preamble

	“Judgment Currency”

	 	10.14	 	 
	“legal defeasance”

	 	8.1(c)	 	
	“Legal Holiday”

	 	10.6	 	 
	“New York Banking Day”

	 	10.14	 	 
	“Paying Agent”

	 	2.4	 	 
	“Process Agent”

	 	10.16	 	 
	“Registrar”

	 	2.4	 	 
	“Related Proceeding”

	 	10.16	 	 
	“Required Currency”

	 	10.14	 	 
	“Successor Company”

	 	5.1(a)	 	 
	“TIA”

	 	7.10	 	 
	“Transfer Agent”

	 	2.4	 	 

     Section 1.3. Rules of Construction.

          Unless the context otherwise requires:

          (a) a term has the meaning assigned to it;

          (b) an accounting term not otherwise defined has the meaning assigned to it in
accordance with GAAP;

          (c) “or” is not exclusive and “including” means including without limitation;

          (d) words in the singular include the plural, and in the plural include the singular;
and

          (e) provisions apply to successive events and transactions.

ARTICLE II.

THE SECURITIES

     Section 2.1. Issuable in Series.

          The aggregate principal amount of Securities that may be authenticated and delivered under
this Indenture is unlimited. The Securities may be issued in one or more Series. All Securities
of a Series shall be identical except as may be set forth in, or pursuant to a Board Resolution,
Officer’s Certificate or supplemental indenture establishing the terms of such Series of
Securities.

5

 

     Section 2.2. Establishment of Terms of Series of Securities.

          At or prior to the issuance of any Securities within a Series, the following shall be
established (as to the Series generally, in the case of Subsection 2.2.1 and either as to such
Securities within the Series or as to the Series generally in the case of Subsections 2.2.2 through
2.2.28) by or pursuant to a Board Resolution, Officer’s Certificate or supplemental indenture:

          2.2.1. the title of the Series of Securities (which shall distinguish the Securities of that
particular Series from the Securities of any other Series);

          2.2.2. any limit upon the aggregate principal amount of the Securities of the Series which may
be authenticated and delivered under this Indenture (except for Securities authenticated and
delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of
the Series pursuant to Section 2.7, 2.8, 2.11, 3.6, 9.3 or 9.6);

          2.2.3. the date or dates on which the principal and premium, if any, of the Securities of the
Series is payable;

          2.2.4. the rate or rates, which may be fixed or variable, at which the Securities of the
Series shall bear interest or the manner of calculation of such rate or rates, if any, including
any procedures to vary or reset such rate or rates, and the basis upon which interest will be
calculated if other than that of a 360-day year of twelve 30-day months

          2.2.5. the place or places where the principal of and interest, if any, on the Securities of
the Series shall be payable, where the Securities of such Series may be surrendered for
registration of transfer or exchange and where notices and demands to or upon the Issuer with
respect to the Securities of such Series and this Indenture may be served, and the method of such
payment, if by wire transfer, mail or other means if other than as set forth in this Indenture;

          2.2.6. the date or dates from which interest on the Securities of the Series shall accrue, the
dates on which such interest will be payable or the manner of determination of such dates, and the
record date for the determination of Holders to whom interest is payable on any such dates;

          2.2.7. any trustees, authenticating agents or paying agents with respect to the Securities of
the Series, if different from those set forth in this Indenture;

          2.2.8. the right, if any, to extend the interest payment periods or defer the payment of
interest and the duration of such extension or deferral;

          2.2.9. if applicable, the period or periods within which, the price or prices at which and the
terms and conditions upon which the Securities of the Series may be redeemed, in whole or in part,
at the option of the Issuer if other than as set forth in this Indenture;

          2.2.10. the obligation, if any, of the Issuer to redeem, repurchase or repay, if other than as
set forth herein, the Securities of the Series pursuant to any sinking fund or analogous
provisions, including payments made in cash in anticipation of future sinking fund obligations, or
at the option of a Holder thereof and the period or periods within which, the price
or prices at which and the terms and conditions upon which Securities of the Series shall be
redeemed, purchased or repaid, in whole or in part, pursuant to such obligation;

6

 

          2.2.11. the forms of the Securities of the Series including the form of the Trustee’s
certificate of authentication for such Series;

          2.2.12. if other than denominations of $1,000 or integral multiples of $1,000 in excess
thereof, the denominations in which the Securities of the Series shall be issuable;

          2.2.13. the currency or currencies in which payment of the principal of, premium, if any, and
interest on, the Securities of the Series shall be payable;

          2.2.14. if the principal amount payable at the Stated Maturity of Securities of the Series
will not be determinable as of any one or more dates prior to such Stated Maturity, the amount
which will be deemed to be such principal amount as of any such date for any purpose, including the
portion of the principal amount thereof that will be due and payable upon declaration of
acceleration of the maturity thereof pursuant to Section 6.2 or upon any maturity other than the
Stated Maturity or that will be deemed to be outstanding as of any such date, or, in any such case,
the manner in which such deemed principal amount is to be determined;

          2.2.15. the terms of any repurchase or remarketing rights;

          2.2.16. if the Securities of the Series shall be issued in whole or in part in the form of a
Global Security or Securities, the type of Global Security to be issued; the terms and conditions,
if different from those contained in this Indenture, upon which such Global Security or Securities
may be exchanged in whole or in part for other individual Securities in definitive registered form;
the Depositary for such Global Security or Securities; and the form of any legend or legends to be
borne by any such Global Security or Securities in addition to or in lieu of the legend referred to
in Section 2.13.2;

          2.2.17. whether the Securities of the Series will be convertible into or exchangeable for
other Securities, common shares or other securities of any kind of the Issuer or another obligor,
and, if so, the terms and conditions upon which such Securities will be so convertible or
exchangeable, including the initial conversion or exchange price or rate or the method of
calculation, how and when the conversion price or exchange ratio may be adjusted, whether
conversion or exchange is mandatory, at the option of the holder or at the Issuer’s option, the
conversion or exchange period, and any other provision in addition to or in lieu of those described
herein;

          2.2.18. any additional restrictive covenants or Events of Default that will apply to the
Securities of the Series, or any changes to the restrictive covenants set forth in Article IV or
the Events of Default set forth in Section 6.1 that will apply to the Securities of the Series,
which may consist of establishing different terms or provisions from those set forth in Article IV
or Section 6.1 or eliminating any such restrictive covenant or Event of Default with respect to the
Securities of the Series;

          2.2.19. any provisions granting special rights to Holders when a specified event occurs;

7

 

          2.2.20. if the amount of principal of or any premium or interest on Securities of any Series
may be determined with reference to an index or pursuant to a formula, the manner in which such
amounts will be determined;

          2.2.21. any special tax implications of the Securities, including provisions for original
issue discount securities, if offered;

          2.2.22. whether and upon what terms Securities of the Series may be defeased if different from
the provisions set forth in this Indenture;

          2.2.23. with regard to the Securities of any Series that do not bear interest, the dates for
certain required reports to the Trustee;

          2.2.24. whether the Securities of any Series will be issued as Unrestricted Securities or
Restricted Securities, and, if issued as Restricted Securities, the rule or regulation promulgated
under the Securities Act in reliance on which they will be sold;

          2.2.25. any guarantees, on the Securities of the Series, and the terms and conditions upon
which any guarantees, may be released or terminated;

          2.2.26. the provisions, if any, relating to any security provided for the Securities of the
Series;

          2.2.27. any Depositaries, interest rate calculation agents, exchange rate calculation agents
or other agents with respect to Securities of such Series if other than those appointed herein; and

          2.2.28. any and all additional, eliminated or changed terms that shall apply to the Securities
of the Series, including any terms that may be required by or advisable under United States laws or
regulations, including the Securities Act and the rules and regulations promulgated thereunder, or
advisable in connection with the marketing of Securities of that Series.

          All Securities of any one Series need not be issued at the same time and may be issued from
time to time, consistent with the terms of this Indenture, if so provided by or pursuant to the
Board Resolution, Officer’s Certificate or supplemental indenture referred to above.

     Section 2.3. Execution and Authentication.

          An Officer of the Issuer shall sign the Securities for the Issuer by manual or facsimile
signature.

          If an Officer whose signature is on a Security no longer holds that office at the time the
Security is authenticated, the Security shall nevertheless be valid.

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          A Security shall not be valid until authenticated by the manual signature of the Trustee or an
authenticating agent. The signature shall be conclusive evidence that the Security has been
authenticated under this Indenture.

          The Trustee shall at any time, and from time to time, authenticate Securities for original
issue in the principal amount provided in the Board Resolution, Officer’s Certificate or
supplemental indenture, upon receipt by the Trustee of a Company Order. Each Security shall be
dated the date of its authentication unless otherwise provided by the relevant Board Resolution,
Officer’s Certificate or supplemental indenture.

          Notwithstanding the provisions of Section 2.2 and the preceding paragraph, in the case of
Securities offered in a Periodic Offering, the Trustee shall authenticate and deliver such
Securities from time to time in accordance with a Company Order or such other procedures acceptable
to the Trustee as may be specified by or pursuant to a supplemental indenture or the written order
of the Issuer delivered to the Trustee prior to the time of the first authentication of Securities
of such Series.

          The aggregate principal amount of Securities of any Series outstanding at any time may not
exceed any limit upon the maximum principal amount for such Series set forth in the Board
Resolution, Officer’s Certificate or supplemental indenture delivered pursuant to Section 2.2.

          Prior to the issuance of Securities of any Series, the Trustee shall have received and
(subject to Section 7.2) shall be fully protected in relying on: (a) the Board Resolution,
Officer’s Certificate or supplemental indenture establishing the form of the Securities of that
Series or of Securities within that Series and the terms of the Securities of that Series or of
Securities within that Series, (b) an Officer’s Certificate complying with Section 10.4, and (c) an
Opinion of Counsel complying with Section 10.4. With respect to Securities of a Series subject to
a Periodic Offering, the Trustee conclusively may rely, as to the authorization by the Issuer of
any of such Securities, the forms and terms thereof and the legality, validity, binding effect and
enforceability thereof, upon the written order of the Issuer, Opinion of Counsel, Officer’s
Certificate and other documents delivered pursuant to this Section 2.3 at or prior to the time of
the first authentication of Securities of such Series unless and until such written order, Opinion
of Counsel, Officer’s Certificate or other documents have been superseded or revoked, and written
notice thereof is provided to Trustee, or expire by their terms.

          The Trustee shall have the right to decline to authenticate and deliver any Securities of such
Series: (a) if the Trustee, being advised by counsel, determines that such action may not be taken
lawfully; or (b) if the Trustee in good faith by its board of directors or trustees, executive
committee or a committee of Responsible Officers shall determine that such action would expose the
Trustee to personal liability.

          The Trustee may appoint an authenticating agent to authenticate Securities. An authenticating
agent may authenticate Securities whenever the Trustee may do so. Each reference in this Indenture
to authentication by the Trustee includes authentication by such agent. An authenticating agent
has the same rights as an Agent to deal with the Issuer or an Affiliate of the Issuer.

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     Section 2.4. Registrar, Paying Agent and Transfer Agent.

          The Issuer will maintain one or more paying agents (each, a “Paying Agent”) for the Securities
in the Borough of Manhattan, City of New York. The initial Paying Agent will be the Trustee and
thereafter “Paying Agent” shall mean or include each Person who is then a Paying Agent hereunder,
and if at any time there is more than one such Person, “Paying Agent” as used with respect to the
Securities of any Series shall mean the Paying Agent with respect to Securities of that Series.
The Issuer, upon written notice to the Trustee accompanied by an Officer’s Certificate, may appoint
one or more paying agents, other than the Trustee, for all or any Series of Securities. If the
Issuer fails to appoint or maintain another entity as paying agent, the Trustee shall act as such.
The Issuer, or any of its Subsidiaries, upon notice to the Trustee, may act as paying agent.

          The Issuer will maintain one or more registrars (each, a “Registrar”) for the Securities in
the Borough of Manhattan, City of New York. The initial Registrar will be the Trustee and
thereafter “Registrar” shall mean or include each Person who is then a Registrar hereunder, and if
at any time there is more than one such Person, “Registrar” as used with respect to the Securities
of any Series shall mean the Registrar with respect to Securities of that Series. The Issuer, upon
written notice to the Trustee accompanied by an Officer’s Certificate, may appoint one or more
registrars, other than the Trustee, for all or any Series of Securities. If the Issuer fails to
appoint or maintain another entity as registrar, the Trustee shall act as such. The Issuer, or any
of its Subsidiaries, upon notice to the Trustee, may act as registrar.

          The Issuer will also maintain a transfer agent (each, a “Transfer Agent”) for the Securities
in the Borough of Manhattan, City of New York. The initial Transfer Agent will be the Trustee and
thereafter “Transfer Agent” shall mean or include each Person who is then a Transfer Agent
hereunder, and if at any time there is more than one such Person, “Transfer Agent” as used with
respect to the Securities of any Series shall mean the Transfer Agent with respect to Securities of
that Series. The Issuer, upon written notice to the Trustee accompanied by an Officer’s
Certificate, may appoint one or more transfer agents, other than the Trustee, for all or any Series
of Securities. If the Issuer fails to appoint or maintain another entity as transfer agent, the
Trustee shall act as such. The Issuer, or any Subsidiary of the Issuer, upon notice to the
Trustee, may act as transfer agent.

          The Issuer may change any Paying Agent, Registrar or Transfer Agent for its Securities without
prior notice to the Holders.

     Section 2.5. Paying Agent to Hold Money in Trust.

          The Issuer shall require each Paying Agent appointed by it other than the Issuer, a Subsidiary
of the Issuer, or the Trustee to agree in writing that the Paying Agent will hold in trust, for the
benefit of Securityholders of any Series of Securities, or the Trustee, all money held by the
Paying Agent for the payment of principal of or interest on the Series of Securities, and will
notify the Trustee of any default by the Issuer in making any such payment. While any such default
continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The
Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon
payment over to the Trustee, the Paying Agent (if other than the Issuer, or a

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Subsidiary of the Issuer) shall have no further liability for the money. If the Issuer or a
Subsidiary of the Issuer acts as Paying Agent, it shall segregate and hold in a separate trust fund
for the benefit of Securityholders of any Series of Securities all money held by it as Paying
Agent.

     Section 2.6. Securityholder Lists.

          The Trustee shall preserve in as current a form as is reasonably practicable the most recent
list available to it of the names and addresses of Securityholders of each Series of Securities.
If the Trustee is not the Registrar, the Issuer shall furnish to the Trustee at least ten days
before each interest payment date and at such other times as the Trustee may request in writing a
list, in such form and as of such date as the Trustee may reasonably require, of the names and
addresses of Securityholders of each Series of Securities.

     Section 2.7. Transfer and Exchange.

          Where Securities of a Series are presented to the Registrar or a co-registrar with a request
to register a transfer or to exchange them for an equal principal amount of Securities of the same
Series, the Registrar shall register the transfer or make the exchange if the requirements for such
transactions set forth in this Indenture are met. To permit registrations of transfers and
exchanges, the Trustee shall authenticate Securities at the Registrar’s request upon the Trustee’s
receipt of a Company Order from the Issuer. No service charge shall be made for any registration
of transfer or exchange (except as otherwise expressly permitted herein), but the Issuer may
require payment of a sum sufficient to cover any transfer tax or similar governmental charge
payable in connection therewith (other than any such transfer tax or similar governmental charge
payable upon exchanges pursuant to Sections 2.11, 3.6 or 9.6).

          Neither the Issuer nor the Registrar shall be required (a) to issue, register the transfer of,
or exchange Securities of any Series for the period beginning at the opening of business fifteen
days immediately preceding the delivery of a notice of redemption of Securities of that Series
selected for redemption and ending at the close of business on the day of such delivery, or (b) to
register the transfer of or exchange Securities of any Series selected, called or being called for
redemption as a whole or the portion being redeemed of any such Securities selected, called or
being called for redemption in part.

     Section 2.8. Mutilated, Destroyed, Lost and Stolen Securities.

          If any mutilated Security is surrendered to the Trustee, the Issuer shall execute a new
Security of the same Series and of like tenor and principal amount and bearing a number not
contemporaneously outstanding, and the Trustee shall authenticate and deliver such new Security in
exchange for the Security surrendered.

          If there shall be delivered to the Issuer and the Trustee (i) evidence to their satisfaction
of the destruction, loss or theft of any Security and (ii) such security or indemnity as may be
required by them to save each of them and any agent of either of them harmless, then, in the
absence of notice to the Issuer or the Trustee that such Security has been acquired by a protected
purchaser, the Issuer shall execute, and upon receipt of a Company Order, the Trustee shall
authenticate and make available for delivery, in lieu of any such destroyed, lost or stolen

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Security, a new Security of the same Series and of like tenor and principal amount and bearing
a number not contemporaneously outstanding.

          In case any such mutilated, destroyed, lost or stolen Security has become or is about to
become due and payable, the Issuer in its discretion may, instead of issuing a new Security, pay
such Security.

          Upon the issuance of any new Security under this Section 2.8, the Issuer may require the
payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in
relation thereto and any other expenses (including the fees and expenses of the Trustee) connected
therewith.

          Every new Security of any Series issued pursuant to this Section 2.8 in lieu of any destroyed,
lost or stolen Security shall constitute an original additional contractual obligation of the
Issuer whether or not the destroyed, lost or stolen Security shall be at any time enforceable by
anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately
with any and all other Securities of that Series duly issued hereunder.

          The provisions of this Section 2.8 are exclusive and shall preclude (to the extent lawful) all
other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost
or stolen Securities.

     Section 2.9. Outstanding Securities.

          The Securities outstanding at any time are all the Securities authenticated by the Trustee
except for those canceled by it, those delivered to it for cancellation, those reductions in the
interest on a Security, if applicable, effected by the Trustee in accordance with the provisions
hereof and those described in this Section 2.9 as not outstanding.

          If a Security is replaced pursuant to Section 2.8, it ceases to be outstanding until the
Trustee receives proof satisfactory to it that the replaced Security is held by a protected
purchaser.

          If the Paying Agent (other than the Issuer, a Subsidiary of the Issuer or an Affiliate of the
Issuer) holds on the Maturity of Securities of a Series money sufficient to pay such Securities
payable on that date, then on and after that date such Securities of the Series cease to be
outstanding and interest on them ceases to accrue.

          The Issuer may purchase or otherwise acquire the Securities, whether by open market purchases,
negotiated transactions or otherwise. A Security does not cease to be outstanding because the
Issuer or an Affiliate of the Issuer holds the Security.

          In determining whether the Holders of the requisite principal amount of outstanding Securities
have given any request, demand, authorization, direction, notice, consent or waiver hereunder, the
principal amount of a Discount Security that shall be deemed to be outstanding for such purposes
shall be the amount of the principal thereof that would be due and payable as of the date of such
determination upon a declaration of acceleration of the Maturity thereof pursuant to Section 6.2.

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     Section 2.10. Treasury Securities.

          In determining whether the Holders of the required principal amount of Securities of a Series
have concurred in any request, demand, authorization, direction, notice, consent or waiver,
Securities of a Series owned by the Issuer or any Affiliate of the Issuer shall be disregarded,
except that for the purposes of determining whether the Trustee shall be protected in relying on
any such request, demand, authorization, direction, notice, consent or waiver only Securities of a
Series that a Responsible Officer of the Trustee knows are so owned shall be so disregarded.

     Section 2.11. Temporary Securities.

          Until definitive Securities are ready for delivery, the Issuer may prepare and the Trustee
shall authenticate temporary Securities upon a Company Order. Temporary Securities shall be
substantially in the form of definitive Securities but may have variations that the Issuer
considers appropriate for temporary Securities. Without unreasonable delay, the Issuer shall
prepare and the Trustee upon request shall authenticate definitive Securities of the same Series
and date of maturity in exchange for temporary Securities. Until so exchanged, temporary
securities shall have the same rights under this Indenture as the definitive Securities.

     Section 2.12. Cancellation.

          The Issuer at any time may deliver Securities to the Trustee for cancellation. The Agents
shall forward to the Trustee any Securities surrendered to them for registration of transfer,
exchange or payment. The Trustee shall cancel all Securities surrendered for transfer, exchange,
payment, replacement or cancellation and shall destroy such canceled Securities (subject to the
record retention requirement of the Exchange Act) and deliver a certificate of such destruction to
the Issuer upon written request. The Issuer may not issue new Securities to replace Securities
that it has paid or delivered to the Trustee for cancellation.

     Section 2.13. Global Securities.

          2.13.1. Transfer and Exchange. Notwithstanding any provisions to the contrary
contained in Section 2.7 of this Indenture and in addition thereto, any Global Security shall be
exchangeable pursuant to Section 2.7 of this Indenture for Securities registered in the names of
Holders other than the Depositary for such Security or its nominee only if (i) such Depositary
notifies the Issuer that it is unwilling or unable to continue as Depositary for such Global
Security or if at any time such Depositary ceases to be a clearing agency registered under the
Exchange Act, and, in either case, the Issuer fails to appoint a successor Depositary registered as
a clearing agency under the Exchange Act within 90 days of such event or (ii) the Issuer executes
and delivers to the Trustee an Officer’s Certificate to the effect that such Global Security shall
be so exchangeable. Any Global Security that is exchangeable pursuant to the preceding sentence
shall be exchangeable for Securities registered in such names as the Depositary shall direct in
writing in an aggregate principal amount equal to the principal amount of the Global Security with
like tenor and terms.

          Except as provided in this Section 2.13.1, a Global Security may not be transferred except as
a whole by the Depositary with respect to such Global Security to a

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nominee of such Depositary, by a nominee of such Depositary to such Depositary or another
nominee of such Depositary or by the Depositary or any such nominee to a successor Depositary or a
nominee of such a successor Depositary.

          Neither the Trustee nor any Agent shall have any obligation or duty to monitor, determine or
inquire as to compliance with any tax or securities laws with respect to any restrictions on
transfer imposed under this Indenture or under applicable law (including any transfers between or
among Depositary participants, members or beneficial owners in any Global Security) other than to
require delivery of such certificates and other documentation or evidence as are expressly required
by, and to do so if and when expressly required by, the terms of this Indenture, and to examine the
same to determine substantial compliance as to form with the express requirements hereof.

          2.13.2. Legend. Any Global Security issued hereunder shall bear a legend in
substantially the following form:

          “THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED
TO AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY. THIS SECURITY
IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS
NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND MAY NOT BE TRANSFERRED
EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY
TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO
A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH A SUCCESSOR DEPOSITARY.”

          2.13.3. Acts of Holders. The Depositary, as a Holder, may appoint agents and
otherwise authorize participants to give or take any request, demand, authorization, direction,
notice, consent, waiver or other action which a Holder is entitled to give or take under this
Indenture.

          2.13.4. Payments. Notwithstanding the other provisions of this Indenture, unless
otherwise specified as contemplated by Section 2.2, payment of the principal of and interest, if
any, on any Global Security shall be made to the Holder thereof, which in the case of a Depositary
therefore will be made in accordance with its applicable procedures.

          2.13.5. Holders. The Issuer, the Trustee and each Agent shall treat the Person in
whose name any Security is registered in the register maintained by the Registrar as the Holder for
all purposes including for purposes of obtaining any consents, declarations, waivers or directions
permitted or required to be given by the Holders pursuant to this Indenture.

          2.13.6. No Obligation of the Trustee. Neither the Trustee nor any Agent shall have
any responsibility or obligation to any beneficial owner of an interest in a Global Security, a
member of, or a participant in, the Depositary or other Person with respect to the accuracy of the
records of the Depositary or its nominee or of any participant or member thereof, with

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respect to any ownership interest in the Securities or with respect to the delivery to any
participant, member, beneficial owner or other Person (other than the Depositary) of any notice
(including any notice of redemption) or the payment of any amount or delivery of any Securities (or
other security or property) under or with respect to such Securities. All notices and
communications to be given to the Holders and all payments to be made to Holders with respect to
the Securities shall be given or made only to or upon the order of the registered Holders (which
shall be the Depositary or its nominee in the case of a Global Security). The rights of beneficial
owners in any Global Security shall be exercised only through the Depositary subject to the
applicable rules and procedures of the Depositary. The Trustee and each Agent may rely and shall
be fully protected in relying upon information furnished by the Depositary with respect to its
members, participants and any beneficial owners.

     Section 2.14. CUSIP Numbers.

          The Issuer in issuing the Securities may use “CUSIP”, “ISIN” and or “Common Code” numbers (if
then generally in use), and, if so, the Trustee shall use “CUSIP”, “ISIN” and or “Common Code”
numbers in notices of redemption as a convenience to Holders; provided that any such notice may
state that no representation is made as to the correctness of such numbers either as printed on the
Securities or as contained in any notice of a redemption and that reliance may be placed only on
the other elements of identification printed on the Securities, and any such redemption shall not
be affected by any defect in or omission of such numbers.

ARTICLE III.

REDEMPTION

     Section 3.1. Notice to Trustee; No Liability for Calculations.

          The Issuer may, with respect to any Series of Securities, reserve the right to redeem and pay
such Series of Securities or may covenant to redeem and pay such Series of Securities or any part
thereof prior to the Stated Maturity thereof at such time and on such terms as provided for in
Sections 3.2 and 3.3 hereof or, as applicable, in the Board Resolution, Officer’s Certificate or
supplemental indenture relating to such Series. If a Series of Securities is redeemable and the
Issuer wants or is obligated to redeem prior to the Stated Maturity thereof all or part of the
Series of Securities pursuant to the terms of such Securities, it shall notify the Trustee in
writing of the redemption date and the principal amount of Series of Securities to be redeemed at
least 40 days before a redemption date (or such shorter notice as may be acceptable to the
Trustee). The Trustee shall have no liability with respect to or obligation to calculate the
redemption price of any Securities to be redeemed pursuant to this Indenture.

     Section 3.2. Selection of Securities to be Redeemed.

          Unless otherwise indicated for a particular Series by a Board Resolution, Officer’s
Certificate or a supplemental indenture, if less than all of the Securities of a Series are to be
redeemed at any time, the Trustee will select the Securities of a Series to be redeemed on a pro
rata basis (or, in the case of Securities issued in global form based on a method that most nearly
approximates a pro rata selection as the Trustee deems fair and appropriate) unless otherwise

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required by law or applicable stock exchange or Depositary requirements. The Trustee will not
be liable for selections made by it as contemplated in this section.

          No Securities of a Series in principal amount of $1,000 or less can be redeemed in part.

          Notices of purchase or redemption will be given to each Holder pursuant to Section 3.3 and
Section 10.1.

     Section 3.3. Notice of Redemption.

          Unless otherwise indicated for a particular Series by Board Resolution, Officer’s Certificate
or supplemental indenture, at least 10 days but not more than 60 days before a redemption date, the
Issuer will deliver a notice of redemption to each Holder whose Securities are to be redeemed in
accordance with Section 10.1, except that redemption notices may be given more than 60 days prior
to a redemption date if the notice is issued in connection with a defeasance of the Securities or a
satisfaction and discharge of this Indenture pursuant to Article VIII hereof.

          The notice shall identify the Securities to be redeemed and corresponding CUSIP, ISIN or
Common Code numbers, as applicable, and will state:

     (a) the redemption date;

     (b) the redemption price and the amount of accrued interest, if any, to be paid;

     (c) if any Global Security is being redeemed in part, the portion of the principal
amount of such Global Security to be redeemed and that, after the redemption date upon
surrender of such Global Security, the principal amount thereof will be decreased by the
portion thereof redeemed pursuant thereto;

     (d) if any Certificated Security is being redeemed in part, the portion of the
principal amount of such Security to be redeemed, and that, after the redemption date, upon
surrender of such Security, a new Certificated Security or Certificated Securities in
principal amount equal to the unredeemed portion thereof will be issued in the name of the
Holder thereof upon cancellation of the original Certificated Security;

     (e) the name and address of the Paying Agent(s) to which the Securities are to be
surrendered for redemption;

     (f) that Securities called for redemption must be surrendered to the relevant Paying
Agent to collect the redemption price, plus accrued and unpaid interest, if any;

     (g) that, unless the Issuer defaults in making such redemption payment, interest on
Securities called for redemption cease to accrue on and after the redemption date;

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     (h) that Securities of the Series called for redemption must be surrendered to the
Paying Agent to collect the redemption price;

     (i) the paragraph of the Securities and/or Section of this Indenture pursuant to which
the Securities called for redemption are being redeemed; and

     (j) that no representation is made as to the correctness or accuracy of the CUSIP, ISIN
or Common Code numbers, if any, listed in such notice or printed on the Securities.

          At the Issuer’s written request, the Trustee shall give the notice of redemption in the
Issuer’s name and at its expense; provided, however, that the Issuer has delivered to the Trustee,
at least 40 days prior to the redemption date (or such shorter period of time as the Trustee may
permit), an Officer’s Certificate requesting that the Trustee give such notice and setting forth
the information to be stated in such notice as provided in the preceding paragraph.

     Section 3.4. Effect of Notice of Redemption.

          Once notice of redemption is mailed or published as provided in Section 3.3, Securities of a
Series called for redemption become due and payable on the redemption date and at the redemption
price. Unless otherwise indicated for a particular Series by Board Resolution, Officer’s
Certificate or supplemental indenture, a notice of redemption may not be conditional. Upon
surrender to the Paying Agent, such Securities shall be paid at the redemption price plus accrued
interest to the redemption date.

          On or after any purchase or redemption date, unless the Issuer defaults in payment of the
purchase or redemption price, interest shall cease to accrue on Securities or portions thereof
tendered for purchase or called for redemption.

     Section 3.5. Deposit of Redemption Price.

          On or before 10:00 a.m., New York City time, on the redemption date, the Issuer shall deposit
with the Paying Agent money in immediately available funds sufficient to pay the redemption price
of and accrued interest, if any, on all Securities to be redeemed on that date.

     Section 3.6. Securities Redeemed in Part.

          Upon surrender of a Certificated Security that is redeemed in part, the Trustee shall
authenticate for the Holder a new Certificated Security of the same Series and the same maturity
equal in principal amount to the unredeemed portion of the Security surrendered.

          In relation to Certificated Securities, a new Security in principal amount equal to the
unpurchased or unredeemed portion of any Security purchased or redeemed in part will be issued in
the name of the Holder thereof upon cancellation of the original Certificated Security.

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     Section 3.7. Sinking Fund.

          Unless otherwise indicated for a particular Series by Board Resolution, Officer’s Certificate
or supplemental indenture, the provisions of Sections 3.7, 3.8 and 3.9 shall be applicable to any
sinking fund for the retirement of Securities of a Series.

          The minimum amount of any sinking fund payment provided for by the terms of Securities of any
Series is referred to as a “mandatory sinking fund payment”, and any payment in excess of such
minimum amount provided for by the terms of Securities of any Series is referred to as an “optional
sinking fund payment.” If provided for by the terms of Securities of any Series, the cash amount
of any sinking fund payment may be subject to reduction as provided in Section 3.8. Each sinking
fund payment shall be applied to the redemption of Securities of any Series as provided for by the
terms of Securities of such Series.

     Section 3.8. Satisfaction of Sinking Fund Payments with Securities.

          The Issuer (i) may deliver outstanding Securities of a Series other than any Securities
previously called for redemption and (ii) may apply as a credit Securities of a Series that have
been redeemed either at the election of the Issuer pursuant to the terms of such Securities or
through the application of permitted optional sinking fund payments pursuant to the terms of such
Securities, in each case in satisfaction of all or any part of any sinking fund payment with
respect to the Securities of such Series required to be made pursuant to the terms of such
Securities, provided that such Securities have not been previously so credited. Such Securities
shall be received and credited for such purpose by the Trustee at the redemption price specified in
such Securities for redemption through operation of the sinking fund and the amount of such sinking
fund payment shall be reduced accordingly.

     Section 3.9. Redemption of Securities for Sinking Fund.

          Not
less than 10 days prior to each sinking fund payment date for any Series of Securities,
the Issuer will deliver to the Trustee an Officer’s Certificate specifying the amount of the next
ensuing sinking fund payment for that Series pursuant to the terms of the Series, the portion
thereof, if any, that is to be satisfied by payment of cash in the currency in which the Securities
of such Series are denominated (except as provided pursuant to Section 2.2), the portion thereof,
if any, that is to be satisfied by delivering and crediting Securities of that Series pursuant to
Section 3.8 and the basis for such credit. Together with such Officer’s Certificate, the Issuer
will deliver to the Trustee any Securities to be so delivered. Not
less than 10 days before each
such sinking fund payment date the Trustee shall select the Securities to be redeemed upon such
sinking fund payment date in the manner specified in Section 3.2 and cause notice of the redemption
thereof to be given in the name of and at the expense of the Issuer in the manner provided in
Section 3.3.

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ARTICLE IV.

COVENANTS

     Section 4.1. Payment of Principal, Premium and Interest.

          The Issuer covenants and agrees for the benefit of the Holders of each Series of Securities
that it will duly and punctually pay the principal of, premium, if any, and interest, on the
Securities of that Series in accordance with the terms of such Securities and this Indenture.
Unless otherwise provided by Board Resolution, Officer’s Certificate or supplemental indenture for
a particular Series, on or before 10:00 a.m., New York City time, on the applicable payment date,
the Issuer shall deposit with the Paying Agent money sufficient to pay the principal of, premium,
if any, and interest on the Securities of each such Series in accordance with the terms of such
Securities and this Indenture.

     Section 4.2. Compliance Certificate.

          The Issuer shall deliver to the Trustee, within 120 days after the end of the fiscal year of
the Issuer (which as of the date of this Indenture is December 31, or if the fiscal year with
respect to the Issuer, is changed, such other fiscal year end date as the Issuer, shall notify to
the Trustee in writing), an Officer’s Certificate stating that a review of the activities of the
Issuer and the Subsidiaries of the Issuer during the preceding fiscal year has been made under the
supervision of the signing Officer with a view to determining whether the Issuer has kept,
observed, performed and fulfilled its obligations under this Indenture, and further stating, as to
each such Officer signing such certificate, that to his/her knowledge the Issuer is not in default
in the performance or observance of any of the terms, provisions and conditions hereof (or, if a
Default or Event of Default shall have occurred, describing all such Defaults or Events of Default
of which he may have knowledge). Such Officer’s Certificate need not include a reference to any
non-compliance that has been fully cured prior to the date as of which such certificate speaks.

          The Issuer will, so long as any of the Securities are outstanding, deliver to the Trustee,
within 30 days upon becoming aware of any Default or Event of Default, an Officer’s Certificate
specifying such Default or Event of Default and what action the Issuer is taking or proposes to
take with respect thereto.

     Section 4.3. Stay, Extension and Usury Laws.

          The Issuer covenants (to the extent that it may lawfully do so) that it will not at any time
insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any
stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may
affect the covenants or the performance of this Indenture or the Securities; and the Issuer (to the
extent it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and
covenants that it will not, by resort to any such law, hinder, delay or impede the execution of any
power herein granted to the Trustee, but will suffer and permit the execution of every such power
as though no such law has been enacted.

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     Section 4.4. Corporate Existence.

          Subject to Article V, the Issuer will do or cause to be done all things necessary to preserve
and keep in full force and effect its corporate existence and rights (charter and statutory);
provided, however, that the Issuer shall not be required to preserve any such right if its Board of
Directors shall determine that the preservation thereof is no longer desirable in the conduct of
its business and its Subsidiaries taken as a whole and that the loss thereof is not adverse in any
material respect to the Holders of the Securities.

     Section 4.5. Reports.

     (a) So long as any Securities are outstanding, the Issuer shall file with the Trustee,
within 15 days after the Issuer files with the SEC, copies of the annual reports and of the
information, documents and other reports (or copies of such portions of any of the foregoing
as the SEC may from time to time by rules and regulations prescribe) that the Issuer may be
required to file with the SEC pursuant to Section 13 or Section 15(d) of the Exchange Act.
The Issuer shall be deemed to have complied with the previous sentence to the extent that
such information, documents and reports are filed with the SEC via EDGAR (or any successor
electronic delivery procedure).

     (b) Delivery of such reports, information and documents to the Trustee is for
informational purposes only and the Trustee’s receipt of such shall not constitute
constructive notice of any information contained therein or determinable from information
contained therein, including the Issuer’s compliance with any of its covenants hereunder (as
to which the Trustee is entitled to rely exclusively on Officer’s Certificates).

ARTICLE V.

SUCCESSORS

     Section 5.1. Consolidation, Merger and Sale of Assets.

          The Issuer may not, directly or indirectly: (x) consolidate or merge with or into or wind up
into another Person (whether or not the Issuer is the surviving Person); or (y) sell, assign,
transfer, convey or otherwise dispose of all or substantially all of its properties or assets, in
one or more related transactions, to another Person; unless:

     (a) either: (i) the Issuer is the surviving Person; or (ii) the Person formed by or
surviving any such consolidation or merger (if other than the Issuer) or to which such sale,
assignment, transfer, conveyance or other disposition has been made is a corporation,
limited liability company or limited partnership organized or existing under the laws of the
jurisdiction of organization of the Issuer or the United States, any state of the United
States, the District of Columbia or any territory thereof (the Issuer or such Person, as the
case may be, hereinafter referred to as the “Successor Company”);

     (b) the Successor Company (if other than the Issuer) expressly assumes all the
obligations of the Issuer under the Securities and the Indenture;

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     (c) immediately after such transaction no Default or Event of Default exists;

     (d) the Issuer shall have delivered to the Trustee an Officer’s Certificate and an
Opinion of Counsel, each stating that such consolidation, merger or transfer and such
amendment or supplement (if any) comply with the Indenture.

          The Successor Company shall succeed to, and be substituted for, the Issuer under this
Indenture and the Securities.

ARTICLE VI.

DEFAULTS AND REMEDIES

     Section 6.1. Events of Default.

          The following are “Events of Default” with respect to the Securities of any Series, unless in
the establishing Board Resolution, Officer’s Certificate or supplemental indenture, it is provided
that such Series shall not have the benefit of said Event of Default:

     (a) the Issuer defaults in payment when due and payable, upon redemption, acceleration
or otherwise, of principal of, or premium, if any, on the Notes;

     (b) the Issuer defaults in the payment when due of interest on or with respect to the
Notes and such default continues for a period of 30 days;

     (c) the Issuer defaults in the performance of, or breaches any covenant, warranty or
other agreement contained in this Indenture (other than a default in the performance or
breach of a covenant, warranty or agreement which is specifically dealt with in clauses (a)
or (b) above) and such default or breach continues for a period of 90 days after the notice
specified below;

     (d) the Issuer pursuant to or within the meaning of any Bankruptcy Law:

     (1) commences a voluntary case,

     (2) consents to the entry of an order for relief against it in an involuntary
case,

     (3) consents to the appointment of a Custodian of it or for all or
substantially all of its property,

     (4) makes a general assignment for the benefit of its creditors, or

     (5) generally is unable to pay its debts as the same become due; or

     (e) a court of competent jurisdiction enters an order or decree under any Bankruptcy
Law that:

     (1) is for relief against the Issuer in an involuntary case,

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     (2) appoints a Custodian of the Issuer for all or substantially all of its
property, or

     (3) orders the liquidation of the Issuer,

     and the order or decree remains unstayed and in effect for 60 days; or

     (f) any other Event of Default provided in the supplemental indenture or Board
Resolution under which such Series of Securities is issued or in the form of Security for
such Series.

          The term “Bankruptcy Law” means title 11, U.S. Code or any similar Federal or State law for
the relief of debtors. The term “Custodian” means any receiver, trustee, assignee, liquidator or
similar official under any Bankruptcy Law.

          A Default under one Series of Securities issued under this Indenture will not necessarily be a
default under another Series of Securities under this Indenture.

     Section 6.2. Acceleration of Maturity; Rescission and Annulment.

          If an Event of Default for a Series of Securities occurs and is continuing (other than an
Event of Default referred to in Section 6.1(d) or (e)), the Trustee or the Holders of at least 25%
in principal amount of such Series of Securities may declare the unpaid principal of all such
Securities to be due and payable by notice in writing to the Issuer and the Trustee specifying the
respective Event of Default and that it is a “notice of acceleration” (the “Acceleration Notice”),
and the same shall become immediately due and payable. If an Event of Default referred to in
Section 6.1(d) or (e) occurs, the principal amount plus accrued and unpaid interest on such Series
of Securities will become immediately due and payable without any action on the part of the Trustee
or any Holder.

          At any time after such a declaration of acceleration with respect to any Series has been made
and before a judgment or decree for payment of the money due has been obtained by the Trustee as
hereinafter in this Article VI provided, the Holders of a majority in principal amount of the
outstanding Securities of that Series, by written notice to the Issuer and the Trustee, may rescind
and annul such declaration and its consequences if all Events of Default with respect to Securities
of that Series, other than the non-payment of the principal and interest, if any, of Securities of
that Series which have become due solely by such declaration of acceleration, have been cured or
waived as provided in Section 6.13.

          No such rescission shall affect any subsequent Default or impair any right consequent thereon.

     Section 6.3. Collection of Indebtedness and Suits for Enforcement by Trustee.

          The Issuer covenants that if

     (a) default is made in the payment of any interest on any Security when such interest
becomes due and payable and such default continues for a period of 30 days, or

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     (b) default is made in the payment of principal of any Security at the Maturity
thereof, or

     (c) default is made in the deposit of any sinking fund payment when and as due by the
terms of a Security,

then, the Issuer will, upon demand of the Trustee, pay to it, for the benefit of the Holders of
such Securities, the whole amount then due and payable on such Securities for principal and
interest and, to the extent that payment of such interest shall be legally enforceable, interest on
any overdue principal and any overdue interest at the rate or rates prescribed therefor in such
Securities, and, in addition thereto, such further amount as shall be sufficient to cover the costs
and expenses of collection, including the reasonable compensation, expenses, disbursements and
advances of the Trustee, its agents and counsel.

          If the Issuer fails to pay such amounts forthwith upon such demand, the Trustee, in its own
name and as trustee of an express trust, may institute a judicial proceeding for the collection of
the sums so due and unpaid, may prosecute such proceeding to judgment or final decree and may
enforce the same against the Issuer or any other obligor upon such Securities and collect the
moneys adjudged or deemed to be payable in the manner provided by law out of the property of the
Issuer or any other obligor upon such Securities, wherever situated.

          If an Event of Default with respect to any Securities of any Series occurs and is continuing,
the Trustee may in its discretion proceed to protect and enforce its rights and the rights of the
Holders of Securities of such Series by such appropriate judicial proceedings as the Trustee shall
deem most effectual to protect and enforce any such rights, whether for the specific enforcement of
any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein,
or to enforce any other proper remedy.

     Section 6.4. Trustee 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 the
Issuer or any other obligor upon the Securities or the property of the Issuer or of such other
obligor or their creditors, the Trustee (irrespective of whether the principal of the Securities
shall then be due and payable as therein expressed or by declaration or otherwise and irrespective
of whether the Trustee shall have made any demand on the Issuer for the payment of overdue
principal or interest) shall be entitled and empowered, by intervention in such proceeding or
otherwise,

     (a) to file and prove a claim for the whole amount of principal and interest owing and
unpaid with respect to the Securities and to file such other papers or documents as may be
necessary or advisable in order to have the claims of the Trustee (including any claim for
the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents
and counsel) and of the Holders allowed in such judicial proceeding, and

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

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and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official
in any such judicial proceeding is hereby authorized by each Holder to make such payments to the
Trustee and, in the event that the Trustee shall consent to the making of such payments directly to
the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses,
disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the
Trustee under Section 7.6.

          Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to
or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or
composition affecting the Securities or the rights of any Holder thereof or to authorize the
Trustee to vote with respect to the claim of any Holder in any such proceeding.

     Section 6.5. Trustee May Enforce Claims Without Possession of Securities.

          All rights of action and claims under this Indenture or the Securities may be prosecuted and
enforced by the Trustee without the possession of any of the Securities or the production thereof
in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be
brought in its own name as trustee of an express trust, and any recovery of judgment shall, after
provision for the payment of the reasonable compensation, expenses, disbursements and advances of
the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities
with respect to which such judgment has been recovered.

     Section 6.6. Application of Money Collected.

          Any money collected by the Trustee pursuant to this Article VI shall be applied in the
following order, at the date or dates fixed by the Trustee and, in case of the distribution of such
money on account of principal or interest, upon presentation of the Securities and the notation
thereon of the payment if only partially paid and upon surrender thereof if fully paid:

          First: To the payment of all amounts due the Trustee under Section 7.6;

          Second: To the payment of the amounts then due and unpaid for principal of, premium, if any,
and interest on the Securities with respect to which or for the benefit of which such money has
been collected, ratably, without preference or priority of any kind, according to the amounts due
and payable on such Securities for principal and interest, respectively; and

          Third: To the Issuer.

     Section 6.7. Limitation on Suits.

          A Holder of Securities of any Series may pursue any remedy under this Indenture applicable to
such Securities only if:

     (a) the Holder gives the Trustee written notice of a continuing Event of Default for
such Series of Securities;

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     (b) the Holders of at least 25% in principal amount of such outstanding Series of
Securities make a written request to the Trustee to pursue the remedy;

     (c) the Holders furnish to the Trustee indemnity reasonably satisfactory to the Trustee
against the costs, expenses and liabilities which might be incurred by it in compliance with
such request;

     (d) the Trustee fails to act for a period of 60 days after receipt of notice and
furnishing of indemnity; and

     (e) during that 60-day period, the Holders of a majority in principal amount of such
Securities do not give the Trustee a direction inconsistent with the request.

          This provision does not, however, affect the right of a Holder of Securities to sue for
enforcement of any overdue payment with respect to such Securities.

     Section 6.8. Unconditional Right of Holders to Receive Principal and Interest.

          Notwithstanding any other provision in this Indenture, the Holder of any Security shall have
the right, which is absolute and unconditional, to receive payment of the principal of and
interest, if any, on such Security on the Stated Maturity or Stated Maturities expressed in such
Security (or, in the case of redemption, on the redemption date) and to institute suit for the
enforcement of any such payment, and such rights shall not be impaired without the consent of such
Holder.

     Section 6.9. Restoration of Rights and Remedies.

          If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy
under this Indenture and such proceeding has been discontinued or abandoned for any reason, or has
been determined adversely to the Trustee or to such Holder, then and in every such case, subject to
any determination in such proceeding, the Issuer, the Trustee and the Holders shall be restored
severally and respectively to their former positions hereunder and thereafter all rights and
remedies of the Trustee and the Holders shall continue as though no such proceeding had been
instituted.

     Section 6.10. Rights and Remedies Cumulative.

          Except as otherwise provided with respect to the replacement or payment of mutilated,
destroyed, lost or stolen Securities in Section 2.8, no right or remedy herein conferred upon or
reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy,
and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to
every other right and remedy given hereunder or now or hereafter existing at law or in equity or
otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not,
to the extent permitted by law, prevent the concurrent assertion or employment of any other
appropriate right or remedy.

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     Section 6.11. Delay or Omission Not Waiver.

          No delay or omission of the Trustee or of any Holder of any Securities to exercise any right
or remedy accruing upon any Event of Default shall impair any such right or remedy or constitute a
waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by
this Article VI or by law to the Trustee or to the Holders may be exercised from time to time, and
as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be.

     Section 6.12. Control by Holders.

          The Holders of a majority in principal amount of the outstanding Securities of any Series
shall have the right to direct the time, method and place of conducting any proceeding for any
remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with
respect to the Securities of such Series, provided that

     (a) such direction shall not be in conflict with any rule of law or with this
Indenture,

     (b) the Trustee may take any other action deemed proper by the Trustee which is not
inconsistent with such direction, and

     (c) the Trustee shall have the right to decline to follow any such direction if the
Trustee in good faith shall, by a Responsible Officer of the Trustee, determine that the
proceeding so directed would involve the Trustee in personal liability or that it will not
be adequately indemnified against the costs, expenses and liabilities which might be
incurred by it in complying with such direction.

     Section 6.13. Waiver of Past Defaults.

          The Holders of not less than a majority in principal amount of the outstanding Securities of
any Series may on behalf of the Holders of all the Securities of such Series waive an existing
Default or Event of Default hereunder with respect to such Series and its consequences, except a
Default in the payment of the principal of or interest on any Security of such Series (provided,
however, that the Holders of a majority in principal amount of the outstanding Securities of any
Series may rescind an acceleration and its consequences, including any related payment default that
resulted from such acceleration). Upon any such waiver, such Default shall cease to exist, and any
Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this
Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right
consequent thereon.

     Section 6.14. Undertaking for Costs.

          All parties to this Indenture agree, and each Holder of any Security by his acceptance thereof
shall be deemed to have agreed, that any court may in its discretion require, in any suit for the
enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any
action taken, suffered or omitted by it as Trustee, the filing by any party litigant in such suit
of an undertaking to pay the costs of such suit, and that such court may in its

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discretion assess reasonable costs, including reasonable attorneys’ fees, against any party
litigant in such suit, having due regard to the merits and good faith of the claims or defenses
made by such party litigant; but the provisions of this Section shall not apply to any suit
instituted by the Issuer to any suit instituted by the Trustee, to any suit instituted by any
Holder, or group of Holders, holding in the aggregate more than 10% in principal amount of the
outstanding Securities of any Series, or to any suit instituted by any Holder for the enforcement
of the payment of the principal of or interest on any Security on or after the Stated Maturity or
Stated Maturities expressed in such Security (or, in the case of redemption, on the redemption
date).

ARTICLE VII.

TRUSTEE

     Section 7.1. Duties of Trustee.

     (a) If an Event of Default has occurred and is continuing, the Trustee shall exercise
such of the rights and powers vested in it by this Indenture, and use the same degree of
care and skill in such exercise, as a prudent man would exercise or use under the
circumstances in the conduct of his own affairs.

     (b) Except during the continuance of an Event of Default with respect to the Securities
of any Series:

	 	(1)	 	the Trustee need perform only those duties that
are specifically set forth in this Indenture and no others, and no
implied covenants or obligations shall be read into this Indenture
against the Trustee; and
	 
	 	(2)	 	in the absence of bad faith on its part, the
Trustee may conclusively rely, as to the truth of the statements and
the correctness of the opinions expressed therein, upon certificates or
opinions furnished to the Trustee and conforming to the requirements of
this Indenture. However, the Trustee shall examine such certificates
and opinions to determine whether, on their face, they appear to
conform to the requirements of this Indenture.

     (c) The Trustee may not be relieved from liabilities for its own grossly negligent
action, its own grossly negligent failure to act or its own willful misconduct, except that:

	 	(1)	 	this paragraph does not limit the effect of
paragraph (b) of this Section 7.1; and
	 
	 	(2)	 	the Trustee shall not be liable for any error
of judgment made in good faith by a Responsible Officer, unless it is
proved that the Trustee was grossly negligent in ascertaining the
pertinent facts.

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     (d) Whether or not therein expressly so provided, every provision of this Indenture
that in any way relates to the Trustee is subject to the provisions of this Article VII.

     (e) No provision of this Indenture shall require the Trustee to expend or risk its own
funds or incur any liability. The Trustee may refuse to perform any duty or exercise any
right or power unless it receives indemnity reasonably satisfactory to it against any loss,
liability or expense.

     (f) The Trustee shall not be liable for interest on or investment of any money received
by it except as the Trustee may agree in writing with the Issuer. Money held in trust by
the Trustee need not be segregated from other funds except to the extent required by law.
All money received by the Trustee shall, until applied as herein provided, be held in trust
for the payment of the principal of and premium (if any) and interest on the Securities.

     Section 7.2. Rights of Trustee.

     (a) The Trustee may conclusively rely and shall be fully protected in acting or
refraining from acting, upon any resolution, certificate, statement, instrument, opinion,
report, notice, request, direction, consent, order, note, debenture or other paper or
document believed by it to be genuine and to have been signed or presented by the proper
Person. The Trustee need not investigate any fact or matter stated in any resolution,
certificate, statement, instrument, opinion, report, notice, request, direction, consent,
order, bond, security or other paper or document.

     (b) Before the Trustee acts or refrains from acting, it may require instruction, an
Officer’s Certificate or an Opinion of Counsel or both to be provided by the Issuer. The
Trustee shall not be liable for any action it takes or omits to take in good faith in
reliance on such instruction, Officer’s Certificate or Opinion of Counsel. The Trustee may
consult with counsel and the written advice of such counsel or any Opinion of Counsel shall
be full and complete authorization and protection with respect to any action taken, suffered
or omitted by it hereunder in good faith and in reliance thereon.

     (c) The Trustee may act through agents, attorneys, custodians or nominees and shall not
be responsible for the misconduct or negligence of any agent, attorney, custodian or nominee
appointed with due care.

     (d) The Trustee shall not be liable for any action it takes or omits to take in good
faith which it believes to be authorized or within its rights or powers conferred upon it by
this Indenture or with respect to any action it takes or omits to take in good faith in
accordance with a direction received by it from the Holders of a majority in aggregate
principal amount of the relevant Series of Securities.

     (e) Unless otherwise specifically provided in this Indenture, any demand, request,
direction or notice from the Issuer shall be sufficient if signed by an Officer of the
Issuer.

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     (f) Anything in this Indenture to the contrary notwithstanding, in no event shall the
Trustee be liable under or in connection with this Indenture for indirect, special,
incidental, punitive or consequential losses or damages of any kind whatsoever, including
but not limited to lost profits, whether or not foreseeable, even if the Trustee has been
advised of the possibility thereof and regardless of the form of action in which such
damages are sought.

     (g) The Trustee shall be under no obligation to exercise any of the trusts or powers
vested in it by this Indenture at the request, order or direction of any of the Holders of
Securities pursuant to the provisions of this Indenture, unless such Holders of Securities
shall have offered to the Trustee, security or indemnity reasonably satisfactory to the
Trustee against the costs, expenses and liabilities which might be incurred therein or
thereby.

     (h) The Trustee shall not be deemed to have notice of any Event of Default with respect
to the Securities unless a Responsible Officer of the Trustee has actual knowledge thereof
or unless written notice of any event which is in fact such a default is received by a
Responsible Officer at the Corporate Trust Office of the Trustee, and such notice references
the Securities and this Indenture.

     (i) The Trustee may at any time request, and the Issuer shall deliver an Officer’s
Certificate setting forth the specimen signatures and the names of individuals and/or titles
of Officers authorized at such time to take specified actions pursuant to this Indenture,
which Officer’s Certificate may be signed by any Person authorized to sign an Officer’s
Certificate, including any Person specified as so authorized in any such certificate
previously delivered and not superseded.

     (j) Notwithstanding any provision herein to the contrary, in no event shall the Trustee
be liable for any failure or delay in the performance of its obligations under this
Indenture because of circumstances beyond its control, including, but not limited to, acts
of God, flood, war (whether declared or undeclared), terrorism, fire, riot, strikes or work
stoppages for any reason, embargo, government action, including any laws, ordinances,
regulations or the like which restrict or prohibit the providing of the services
contemplated by this Indenture, inability to obtain material, equipment, or communications
or computer facilities, or the failure of equipment or interruption of communications or
computer facilities, and other causes beyond its control whether or not of the same class or
kind as specifically named above.

     (k) The rights, privileges, protections, immunities and benefits given to the Trustee,
including its right to be indemnified, are extended to, and shall be enforceable by, the
Trustee in each of its capacities hereunder, each Agent, and each other agent, custodian and
other Person employed to act hereunder.

     Section 7.3. May Hold Securities.

          The Trustee in its individual or any other capacity may become the owner or pledgee of
Securities and may otherwise deal with the Issuer or any of its Affiliates with the

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same rights it would have if it were not Trustee. Any Agent may do the same with like rights
and duties. However, the Trustee is subject to Sections 7.9 and 7.10.

     Section 7.4. Trustee’s Disclaimer.

          The Trustee makes no representation as to the validity, sufficiency or adequacy of any
offering materials, this Indenture or the Securities, it shall not be accountable for the Issuer’s
use of the proceeds from the Securities or any money paid to the Issuer or upon the Issuer’s
direction under any provision hereof, it shall not be responsible for any statement or recital
herein or any statement in any offering materials or the Securities other than its certificate of
authentication.

     Section 7.5. Notice of Defaults.

          If a Default or Event of Default with respect to the Securities of any Series occurs and is
continuing and it is actually known to the Trustee, the Trustee shall mail to Holders of Securities
of such Series a notice of the Default or Event of Default within 90 days after it occurs. Except
in the case of a Default or Event of Default in payment of principal of and premium (if any) and
interest on any sinking fund installment with respect to the Securities of such Series, the Trustee
may withhold the notice if and so long as a Responsible Officer in good faith determines that
withholding the notice is in the interests of Holders of Securities of such Series to do so.

     Section 7.6. Compensation and Indemnity.

          The Issuer agrees to pay to the Trustee for its acceptance of this Indenture and services
hereunder such compensation as the Issuer and the Trustee shall from time to time agree in writing.
The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an
express trust. The Issuer agrees to reimburse the Trustee upon request for all reasonable
disbursements, advances and expenses incurred by it. Such expenses shall include the reasonable
compensation, disbursements and expenses of the Trustee’s agents and counsel.

          The Issuer shall indemnify the Trustee from, and hold it harmless against any damage, cost,
claim, loss, liability or expense (including the reasonable fees and expenses of the Trustee’s
agents and counsel) incurred by it arising out of or in connection with its acceptance and
administration of the trusts set forth under this Indenture, the performance of its obligations
and/or the exercise of its rights hereunder, including the reasonable costs and expenses of
defending itself against any claim, except as set forth in the next following paragraph. The
Trustee shall notify the Issuer promptly of any claim for which it may seek indemnity. The Issuer
shall defend the claim, with counsel reasonably acceptable to the Trustee, and the Trustee shall
cooperate in the defense, unless, the Trustee, in its reasonable discretion, determines that any
actual or potential conflict of interest may exist, in which case the Trustee may have separate
counsel, reasonably acceptable to the Issuer and the Issuer shall pay the reasonable fees and
expenses of such counsel. The Issuer need not pay for any settlement made without its consent.

          The Issuer shall not be obligated to reimburse any expense or indemnify against any loss or
liability incurred by the Trustee through the Trustee’s own gross negligence or bad faith.

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          To secure the payment obligations of the Issuer in this Section 7.6, the Trustee shall have a
lien prior to the Securities on all money or property held or collected by the Trustee, except that
held in trust to pay principal of and premium (if any) and interest on Securities of any Series.
Such lien and the obligations of the Issuer under this Section 7.6 shall survive the satisfaction
and discharge of this Indenture, the payment of the Securities and/or the resignation or removal of
the Trustee.

          When the Trustee incurs expenses or renders services in connection with an Event of Default,
the expenses (including the reasonable charges and expenses of its counsel) and the compensation
for the services are intended to constitute expenses of administration under any applicable Federal
or State bankruptcy, insolvency or other similar law.

     Section 7.7. Replacement of Trustee.

          A resignation or removal of the Trustee and appointment of a successor Trustee shall become
effective only upon the successor Trustee’s acceptance of appointment as provided in this Section
7.7.

          The Trustee may resign and be discharged at any time with respect to the Securities of one or
more Series by so notifying the Issuer. The Holders of a majority in principal amount of the then
outstanding Securities of any Series may remove the Trustee with respect to the Securities of such
Series by so notifying the Trustee and the Issuer. The Issuer may remove the Trustee for any or
all Series of the Securities if:

     (a) the Trustee fails to comply with Section 7.9;

     (b) the Trustee is adjudged as bankrupt or an insolvent or an order for relief is
entered with respect to the Trustee under any Bankruptcy Law;

     (c) a Custodian or public officer takes charge of the Trustee or its property; or

     (d) the Trustee becomes incapable of acting.

          If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any
reason, with respect to the Securities of one or more Series, the Issuer shall promptly appoint a
successor Trustee or Trustees with respect to the Securities of that or those Series (it being
understood that any such successor Trustee may be appointed with respect to the Securities of one
or more or all of such Series). Within one year after the successor Trustee with respect to the
Securities of any Series takes office, the Holders of a majority in principal amount of the
Securities of such Series then outstanding may appoint a successor Trustee to replace the successor
Trustee appointed by the Issuer.

          If a successor Trustee with respect to the Securities of any Series does not take office
within 30 days after the retiring Trustee resigns or is removed, the retiring Trustee, the Issuer
or the Holders of at least 10% in principal amount of the then outstanding Securities of such
Series may petition any court of competent jurisdiction for the appointment of a successor Trustee
with respect to the Securities of such Series.

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          If the Trustee with respect to the Securities of a Series fails to comply with Section 7.9,
any Holder of Securities of such Series may petition any court of competent jurisdiction for the
removal of the Trustee and the appointment of a successor Trustee with respect to the Securities of
such Series.

          In case of the appointment of a successor Trustee with respect to all Securities, each such
successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and
to the Issuer. Thereupon the resignation or removal of the retiring Trustee shall become
effective, and the successor Trustee shall have all the rights, powers and duties of the retiring
Trustee under this Indenture. The successor Trustee shall give a notice of its succession to
Holders in accordance with Section 10.1. The retiring Trustee shall promptly transfer all property
held by it as Trustee to the successor Trustee, subject to the lien provided for in Section 7.6.

          In case of the appointment of a successor Trustee with respect to the Securities of one or
more Series, the Issuer, the retiring Trustee and each successor Trustee with respect to the
Securities of one or more Series shall execute and deliver an indenture supplemental hereto in
which each successor Trustee shall accept such appointment and that (1) shall confer to each
successor Trustee all the rights, powers and duties of the retiring Trustee with respect to the
Securities of that or those Series to which the appointment of such successor Trustee relates, (2)
if the retiring Trustee is not retiring with respect to all Securities, shall confirm that all the
rights, powers and duties of the retiring Trustee with respect to the Securities of that or those
Series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring
Trustee and (3) shall add to or change any of the provisions of this Indenture as shall be
necessary to provide for or facilitate the administration of the trusts hereunder by more than one
Trustee. Nothing herein or in such supplemental indenture shall constitute such Trustees
co-trustees of the same trust, and each such Trustee shall be trustee of a trust or trusts
hereunder separate and apart from any trust or trusts hereunder administered by any other such
Trustee. Upon the execution and delivery of such supplemental indenture, the resignation or
removal of the retiring Trustee shall become effective to the extent provided therein and each such
successor Trustee shall have all the rights, powers and duties of the retiring Trustee with respect
to the Securities of that or those Series to which the appointment of such successor Trustee
relates. On request of the Issuer, or any successor Trustee, such retiring Trustee shall transfer
to such successor Trustee all property held by such retiring Trustee as Trustee with respect to the
Securities of that or those Series to which the appointment of such successor Trustee relates.
Such retiring Trustee shall, however, have the right to deduct its unpaid fees and expenses,
including attorneys’ fees.

          Notwithstanding replacement of the Trustee or Trustees pursuant to this Section 7.7, the
obligations of the Issuer under Section 7.6 shall continue for the benefit of the retiring Trustee
or Trustees.

     Section 7.8. Successor Trustee by Merger, etc.

          Subject to Section 7.9, if the Trustee consolidates, merges or converts into, or transfers all
or substantially all of its corporate trust business (including this transaction) to, another
corporation, the successor corporation without any further act shall be the successor Trustee.

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          In case any Securities shall have been authenticated, but not delivered, by the Trustee then
in office, any successor by merger, conversion or consolidation to such authenticating Trustee may
adopt such authentication and deliver the Securities so authenticated; and in case at that time any
of the Securities shall not have been authenticated, any successor to the Trustee may authenticate
such Securities either in the name of any predecessor hereunder or in the name of the successor to
the Trustee; and in all such cases such certificates shall have the full force which it is anywhere
in the Securities or in this Indenture provided that the certificate of the Trustee shall have.

     Section 7.9. Eligibility; Disqualification.

          There shall at all times be a Trustee hereunder which shall be a corporation organized and
doing business under the laws of the United States, any State thereof or the District of Columbia
and authorized under such laws to exercise corporate trust power, shall be subject to supervision
or examination by Federal or State (or the District of Columbia) authority and shall have, or be a
subsidiary of a bank or bank holding company having, a combined capital and surplus of at least $50
million as set forth in its most recent published annual report of condition.

     Section 7.10. Preferential Collection of Claims Against Issuer.

          The Trustee is subject to and shall comply with the provisions of the Trust Indenture Act of
1939, as amended (the “TIA”) § 311(a), as if such section applied hereto, excluding any creditor
relationship listed in TIA § 311(b). A Trustee who has resigned or been removed shall be subject
to TIA § 311(a), as if such section applied hereto, to the extent indicated therein.

ARTICLE VIII.

DISCHARGE OF INDENTURE

     Section 8.1. Termination of Issuer’s Obligations.

     (a) This Indenture shall cease to be of further effect with respect to the Securities of a
Series (except that all obligations of the Issuer under Section 7.6, the Trustee’s and Paying
Agent’s obligations under Section 8.3 and the rights, powers, protections and privileges accorded
the Trustee under Article VII shall survive), and the Trustee, on written demand of the Issuer
shall execute instruments acknowledging the satisfaction and discharge of this Indenture with
respect to the Securities of such Series, when:

	 	(1)	 	either

(A) all outstanding Securities of such Series theretofore
authenticated and issued (other than destroyed, lost or stolen
Securities that have been replaced or paid) have been delivered
to the Trustee for cancellation; or

(B) all outstanding Securities of such Series not theretofore
delivered to the Trustee for cancellation:

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(i) have become due and payable, or

(ii) will become due and payable at their Stated Maturity within one year, or

(iii) are to be called for redemption within one year
under arrangements satisfactory to the Trustee for the
giving of notice of redemption by the Trustee in the
name, and at the expense, of the Issuer,

and, in the case of clause (i), (ii) or (iii) above, the Issuer has irrevocably deposited or
caused to be deposited with the Trustee as funds (immediately available to the Holders in
the case of clause (i)) in trust for such purpose (x) cash in an amount, or (y) Government
Obligations, maturing as to principal and interest at such times and in such amounts as will
ensure the availability of cash in an amount or (z) a combination thereof which will be
sufficient, in the opinion (in the case of (y) or (z)) of a nationally recognized firm of
independent public accountants expressed in a written certification thereof delivered to the
Trustee, to pay and discharge the entire indebtedness on the Securities of such Series for
principal and interest to the date of such deposit (in the case of Securities which have
become due and payable) or for principal, premium, if any, and interest to the Stated
Maturity or redemption date, as the case may be; or

(C) the Issuer has properly fulfilled such other means of
satisfaction and discharge applicable to the Securities of such
Series;

     (2) the Issuer has paid or caused to be paid all other sums payable by it
hereunder with respect to the Securities of such Series; and

     (3) the Issuer has delivered to the Trustee an Officer’s Certificate stating
that all conditions precedent to satisfaction and discharge of this Indenture with
respect to the Securities of such Series have been complied with, together with an
Opinion of Counsel to the same effect.

     (b) Unless this Section 8.1(b) is specified as not being applicable to Securities of a Series
as contemplated by Section 2.2, the Issuer may terminate certain of its obligations under this
Indenture (“covenant defeasance”) with respect to the Securities of a Series if:

     (1) either the Issuer has irrevocably deposited or caused to be irrevocably
deposited with the Trustee as trust funds in trust for the purpose of making the
following payments, specifically pledged as security for and dedicated solely to the
benefit of the Holders of Securities of such Series, (i) money, or (ii) Government
Obligations with respect to such Series, maturing as to principal and interest at
such times and in such amounts as will ensure the availability of money in the
currency in which payment of the Securities of such Series is to be made in an
amount or (iii) a combination thereof, that is sufficient, in the opinion (in the
case of (ii) and (iii)) of a nationally recognized firm of independent public
accountants expressed in a written certification thereof delivered to the Trustee,
to

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pay the principal of and premium (if any) and interest on all Securities of
such Series on each date that such principal, premium (if any) or interest is due
and payable and (at the Stated Maturity thereof or upon redemption as provided in
Section 8.1(e)) to pay all other sums payable by it hereunder; provided that the
Trustee shall have been irrevocably instructed to apply such money and/or the
proceeds of such Government Obligations to the payment of said principal, premium
(if any) and interest with respect to the Securities of such Series as the same
shall become due;

     (2) the Issuer has delivered to the Trustee an Officer’s Certificate stating
that all conditions precedent to satisfaction and discharge of this Indenture with
respect to the Securities of such Series have been complied with, and an Opinion of
Counsel to the same effect;

     (3) no Default or Event of Default with respect to the Securities of such
Series shall have occurred and be continuing on the date of such deposit (other than
a Default or Event of Default resulting from the borrowing of funds to be applied to
such deposit and the grant of any lien securing such borrowings);

     (4) the Issuer shall have delivered to the Trustee an Opinion of Counsel from a
nationally recognized counsel acceptable to the Trustee or a tax ruling to the
effect that the Holders will not recognize income, gain or loss for Federal income
tax purposes as a result of the Issuer’s exercise of its option under this Section
8.1(b) and will be subject to Federal income tax on the same amount and in the same
manner and at the same times as would have been the case if such option had not been
exercised; and

     (5) the Issuer has complied with any additional conditions specified pursuant
to Section 2.2 to be applicable to the discharge of Securities of such Series
pursuant to this Section 8.1.

          In such event, this Indenture shall cease to be of further effect (except as set forth in this
paragraph), and the Trustee, on written demand of the Issuer, shall execute instruments
acknowledging satisfaction and discharge under this Indenture. However, the Issuer’s obligations
in Sections 2.4, 2.5, 2.6, 2.7, 2.8, 2.9, 7.6, 7.7 and this Article VIII, the Trustee’s and Paying
Agent’s obligations in Section 8.3 and the rights, powers, protections and privileges accorded the
Trustee under Article VII shall survive until all Securities of such Series are no longer
outstanding. Thereafter, only the obligations of the Issuer in Section 7.6 and the Trustee’s and
Paying Agent’s obligations in Section 8.3 shall survive with respect to Securities of such Series.

          In order to have money available on a payment date to pay principal of or premium (if any) or
interest on the Securities, the Government Obligations shall be payable as to principal or interest
on or before such payment date in such amounts as will provide the necessary money. Government
Obligations shall not be callable at the Issuer’s option.

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     (c) If the Issuer has previously complied or is concurrently complying with the conditions set
forth in Section 8.1(b) (other than any additional conditions specified pursuant to Section 2.2
that are expressly applicable only to covenant defeasance) with respect to Securities of a Series,
then unless this Section 8.1(c) is specified as not being applicable to Securities of such Series
as contemplated by Section 2.2, the Issuer may elect to be discharged (“legal defeasance”) from its
obligations to make payments with respect to Securities of such Series, if:

     (1) unless otherwise specified with respect to Securities of such Series as
contemplated by Section 2.2, the Issuer has delivered to the Trustee an Opinion of
Counsel from a nationally recognized counsel acceptable to the Trustee to the effect
referred to in Section 8.1(b)(4) with respect to such legal defeasance, which
opinion is based on (i) a private ruling of the Internal Revenue Service addressed
to the Issuer, (ii) a published ruling of the Internal Revenue Service or (iii) a
change in the applicable federal income tax law (including regulations) after the
date of this Indenture; the Issuer has complied with any other conditions specified
pursuant to Section 2.2 to be applicable to the legal defeasance of Securities of
such Series pursuant to this Section 8.1(c); and

     (2) the Issuer has delivered to the Trustee a Company Request requesting such
legal defeasance of the Securities of such Series and an Officer’s Certificate
stating that all conditions precedent with respect to such legal defeasance of the
Securities of such Series have been complied with, together with an Opinion of
Counsel to the same effect.

          In such event, the Issuer will be discharged from its obligations under this Indenture and the
Securities of such Series to pay principal of and premium (if any) and interest on Securities of
such Series, the Issuer’s obligations under Sections 4.1 and 5.1 shall terminate with respect to
such Securities, and the entire indebtedness of the Issuer evidenced by such Securities shall be
deemed paid and discharged.

     (d) If and to the extent additional or alternative means of satisfaction, discharge or
defeasance of Securities of a Series are specified to be applicable to such Series as contemplated
by Section 2.2, the Issuer may terminate any or all of its obligations under this Indenture with
respect to the Securities of a Series and any or all of its obligations under the Securities of
such Series if it fulfills such other means of satisfaction and discharge as may be so specified,
as contemplated by Section 2.2, to be applicable to the Securities of such Series.

     (e) If Securities of any Series subject to subsections (a), (b), (c) or (d) of this Section
8.1 are to be redeemed prior to their Stated Maturity, whether pursuant to any optional redemption
provisions or in accordance with any mandatory or optional sinking fund provisions, the terms of
the applicable trust arrangement shall provide for such redemption, and the Issuer shall make such
arrangements as are reasonably satisfactory to the Trustee for the giving of notice of redemption
in the name, and at the expense, of the Issuer.

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     Section 8.2. Application of Trust Money.

          The Trustee or a trustee satisfactory to the Trustee and the Issuer shall hold in trust money
or Government Obligations deposited with it pursuant to Section 8.1 hereof. It shall apply the
deposited money and the money from Government Obligations through the Paying Agent and in
accordance with this Indenture to the payment of principal of and premium (if any) and interest on
the Securities of the Series with respect to which the deposit was made.

     Section 8.3. Repayment to Issuer.

          The Trustee and the Paying Agent shall promptly pay to the Issuer, any excess money or
Government Obligations (or proceeds therefrom) held by them at any time upon the written request of
the Issuer.

          Subject to the requirements of any applicable abandoned property laws, the Trustee and the
Paying Agent shall pay to the Issuer, upon written request any money held by them for the payment
of principal, premium (if any) or interest that remains unclaimed for two years after the date upon
which such payment shall have become due. After payment to the Issuer, Holders entitled to the
money must look to the Issuer for payment as general creditors unless an applicable abandoned
property law designates another Person, and all liability of the Trustee and the Paying Agent with
respect to such money shall cease.

     Section 8.4. Reinstatement.

          If the Trustee or the Paying Agent is unable to apply any money or Government Obligations
deposited with respect to Securities of any Series in accordance with Section 8.1 by reason of any
legal proceeding or by reason of any order or judgment of any court or governmental authority
enjoining, restraining or otherwise prohibiting such application, the obligations of the Issuer
under this Indenture with respect to the Securities of such Series and under the Securities of such
Series shall be revived and reinstated as though no deposit had occurred pursuant to Section 8.1
until such time as the Trustee or the Paying Agent is permitted to apply all such money or
Government Obligations in accordance with Section 8.1; provided, however, that if the Issuer has
made any payment of principal of, premium (if any) or interest on any Securities because of the
reinstatement of its obligations, the Issuer shall be subrogated to the rights of the Holders of
such Securities to receive such payment from the money or Government Obligations held by the
Trustee or the Paying Agent.

ARTICLE IX.

AMENDMENTS AND WAIVERS

     Section 9.1. Without Consent of Holders.

          Without the consent of any Holder of Securities of a Series, the Issuer and the Trustee may
amend or supplement this Indenture or the Series of Securities in the following circumstances:

     (1) to cure any ambiguity, omission, defect or
inconsistency;

37

 

     (2) to provide for the assumption of the Issuer’s obligations under this
Indenture by a successor upon any merger, consolidation or transfer of substantially
all of the assets of the Issuer;

     (3) to provide for uncertificated Securities in addition to or in place of
Certificated Securities;

     (4) to provide any security for or guarantees of its Securities or for the
addition of an additional obligor on its Securities;

     (5) to comply with any requirement to effect or maintain the qualification of
this Indenture under the Trust Indenture Act of 1939, as amended, if applicable;

     (6) to add covenants that would benefit the Holders of its Securities or to
surrender any rights the Issuer has under this Indenture;

     (7) to change or eliminate any of the provisions of this Indenture, provided
that any such change or elimination shall not become effective with respect to any
outstanding Securities of any Series created prior to the execution of such
supplemental indenture which is entitled to the benefit of such provision;

     (8) to provide for the issuance of and establish forms and terms and conditions
of a new Series of Securities;

     (9) to permit or facilitate the defeasance and discharge of the Securities;

     (10) to issue additional Securities of any Series, provided that such
additional Securities have the same terms as, and be deemed part of the same Series
as, the applicable Series of Securities to the extent required under this Indenture;

     (11) to evidence and provide for the acceptance of and appointment by a
successor trustee with respect to the Securities of one or more Series and to add to
or change any of the provisions of this Indenture as shall be necessary to provide
for or facilitate the administration of the trust by more than one trustee;

     (12) to add additional Events of Default with respect to Securities; and

     (13) to make any change that does not adversely affect any of its outstanding
Securities in any material respect.

     Section 9.2. With Consent of Holders.

          This Indenture or the Securities of a Series may be amended or supplemented, and waivers may
be obtained, with the consent of the Holders of at least a majority in aggregate principal amount
of the then outstanding Securities of such Series voting as a single class

38

 

(including consents obtained in connection with a tender offer or exchange offer for, or
purchase of, such Securities of a Series), and any existing Default or Event of Default (other than
a Default or Event of Default in the payment of the principal of, premium on, if any or interest,
if any, on, such Securities of a Series, except a payment Default resulting from an acceleration
that has been rescinded) or compliance with any provision of this Indenture or the Securities of
such Series may be waived with the consent of the Holders of a majority in aggregate principal
amount of the then outstanding Securities of such Series voting as a single class (including
consents obtained in connection with a purchase of, or tender offer or exchange offer for, such
Securities of a Series).

          The Holders of a majority in principal amount of the outstanding Securities of a Series issued
by the Issuer may waive any existing or past Default or Event of Default with respect to those
Securities. Those Holders may not, however, waive any Default or Event of Default in any payment
on any Security.

          For the avoidance of doubt, any amendment, supplement or waiver to any Series of Securities
made with the consent of Holders of such Series of Securities, shall be made with respect to that
Series of Securities only, and not any other Series of Securities.

     Section 9.3. Limitations.

          Without the consent of each Holder of Securities of a Series affected thereby, an amendment,
supplement or waiver may not (with respect to any Securities of such Series held by a
non-consenting Holder):

     (1) reduce the amount of the Securities of such Series whose Holders must
consent to an amendment, supplement or waiver;

     (2) reduce the rate of or change the time for payment of interest on the
Securities of such Series;

     (3) reduce the principal of the Securities of such Series or change the Stated
Maturity of the Securities of such Series;

     (4) reduce any premium payable on the redemption of the Securities of such
Series or change the time at which the Securities of such Series may or must be
redeemed;

     (5) make payments on the Security of such Series payable in currency other than
as originally stated in such Security;

     (6) impair the Holder’s right to institute suit for the enforcement of any
payment on the Security of such Series;

     (7) make any change in the percentage of principal amount of the Securities of
such Series necessary to waive compliance with Sections 6.7 and 6.13 of this
Indenture or to make any change in this Section 9.3(7); or

39

 

     (8) waive a continuing Default or Event of Default regarding any payment on
Securities of such Series.

          In the event that consent is obtained from some of the Holders but not from all of the Holders
with respect to any amendments or waivers pursuant to clauses (1) through (8) of this Section 9.3,
new Securities of such Series with such amendments or waivers will be issued to those consenting
Holders. Such new Securities shall have separate CUSIP numbers and ISINs from those Securities of
such Series held by non-consenting Holders.

     Section 9.4. Form of Amendments.

          Every amendment to this Indenture or the Securities of one or more Series shall be set forth
in a supplemental indenture.

     Section 9.5. Revocation and Effect of Consents.

          Until an amendment is set forth in a supplemental indenture or a waiver becomes effective, a
consent to it by a Holder of a Security is a continuing consent by the Holder and every subsequent
Holder of a Security or portion of a Security that evidences the same debt as the consenting
Holder’s Security, even if notation of the consent is not made on any Security. However, any such
Holder or subsequent Holder may revoke the consent as to his Security or portion of a Security if
the Trustee receives the written notice of revocation before the date of the supplemental indenture
or the date the waiver becomes effective.

          Any amendment or waiver once effective shall bind every Securityholder of each Series affected
by such amendment or waiver unless it is of the type described in any of clauses (1) through (8) of
Section 9.3. In that case, the amendment or waiver shall bind each Holder of a Security who has
consented to it and every subsequent Holder of a Security or portion of a Security that evidences
the same debt as the consenting Holder’s Security.

     Section 9.6. Notation on or Exchange of Securities.

          The Trustee may place an appropriate notation about an amendment or waiver on any Security of
any Series thereafter authenticated. The Issuer, in exchange for its Securities of that Series,
may issue and the Trustee shall authenticate upon request new Securities of that Series that
reflect the amendment or waiver.

     Section 9.7. Trustee Protected.

          In executing, or accepting the additional trusts created by, any supplemental indenture
permitted by this Article IX or the modifications thereby of the trusts created by this Indenture,
the Trustee shall be entitled to receive, and (subject to Section 7.1) shall be fully protected in
relying upon, an Opinion of Counsel stating that the execution of such supplemental indenture is
authorized or permitted by this Indenture. The Trustee may, but shall not be obligated to, enter
into any supplemental indentures which affect the Trustee’s own rights, duties, immunities, or
indemnities under this Indenture, the Securities or otherwise.

40

 

ARTICLE X.

MISCELLANEOUS

     Section 10.1. Notices.

          Any request, direction, instruction, demand, document, notice or communication by the Issuer
or the Trustee to the other, or by a Holder to the Issuer or the Trustee, shall be in English and
in writing and delivered in person, mailed by first-class mail, delivered via facsimile or
delivered by overnight courier as follows:

if to the Issuer:

CoStar Group, Inc.

1331 L Street, NW

Washington, DC 20005

Fax: [                  
            ]

Attention: General Counsel

in either case, with a copy to:

Gibson, Dunn & Crutcher LLP

200 Park Avenue

New York, New York 10166

Fax: (212) 351-4035

Attention: Andrew L. Fabens

if to the Trustee:

[              
                    ]

          Notices shall be effective upon the recipient’s actual receipt thereof. Any party by notice
to the other parties may designate additional or different addresses for subsequent notices or
communications.

          Any notice or communication to (i) a Securityholder of a Certificated Security shall be mailed
by first-class mail to his address shown on the register kept by the Registrar (ii) a
Securityholder of a Global Security shall be delivered to the Depositary in accordance with its
applicable procedures. Failure to mail a notice or communication to a Securityholder of any Series
or any defect in it shall not affect its sufficiency with respect to other Securityholders of that
or any other Series.

          If a notice or communication to any Securityholder is mailed or published in the manner
provided above, within the time prescribed, it is duly given, whether or not the Securityholder
receives it.

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          If the Issuer mails a notice or communication to Securityholders, it shall mail a copy to the
Trustee and each Agent at the same time.

          With respect to this Indenture, the Trustee shall not have any duty or obligation to verify or
confirm that the Person sending instructions, directions, reports, notices or other communications
or information by electronic transmission is, in fact, a Person authorized to give such
instructions, directions, reports, notices or other communications or information on behalf of the
party purporting to send such electronic transmission; and the Trustee shall not have any liability
for any losses, liabilities, costs or expenses incurred or sustained by any party as a result of
such reliance upon or compliance with such instructions, directions, reports, notices or other
communications or information. Each other party agrees to assume all risks arising out of the use
of electronic methods to submit instructions, directions, reports, notices or other communications
or information to the Trustee, including the risk of the Trustee acting on unauthorized
instructions, notices, reports or other communications or information, and the risk of interception
and misuse by third parties.

     Section 10.2. Communication by Holders with Other Holders.

          Securityholders of a Series may communicate pursuant to TIA § 312(b), as if such section
applied hereto, with other Securityholders of such Series with respect to their rights under this
Indenture or the Securities.

     Section 10.3. Certificate and Opinion as to Conditions Precedent.

          Upon any request or application by the Issuer to the Trustee to take any action under this
Indenture, the Issuer shall furnish to the Trustee:

	 	1.	 	an Officer’s Certificate stating that, in
the opinion of the signer, all conditions precedent, if any,
provided for in this Indenture relating to the proposed action have
been complied with; and
	 
	 	2.	 	an Opinion of Counsel stating that, in
the opinion of such counsel, all such conditions precedent have been
complied with.

     Section 10.4. Statements Required in Certificate or Opinion.

          Each certificate or opinion with respect to compliance with a condition or covenant provided
for in this Indenture shall include:

	 	1.	 	a statement that the Person making such
certificate or opinion has read such covenant or condition;
	 
	 	2.	 	a brief statement as to the nature and
scope of the examination or investigation upon which the statements
or opinions contained in such certificate or opinion are based;
	 
	 	3.	 	a statement that, in the opinion of such
Person, he has made such examination or investigation as is
necessary to enable him to

42

 

	 	 	 	express an informed opinion as to whether or not such covenant or
condition has been complied with; and
	 
	 	 
	 	4.	 	a statement as to whether or not, in the
opinion of such Person, such condition or covenant has been complied
with.

     Section 10.5. Rules by Trustee and Agents.

          The Trustee may make reasonable rules for action by or a meeting of Securityholders of one or
more Series. Any Agent may make reasonable rules and set reasonable requirements for its
functions.

     Section 10.6. Legal Holidays.

          Unless otherwise provided by Board Resolution, Officer’s Certificate or supplemental indenture
for a particular Series, a “Legal Holiday” is any day that is not a Business Day. If a payment
date is a Legal Holiday at a place of payment, payment may be made at that place on the next
succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening
period.

     Section 10.7. No Personal Liability of Directors, Officers, Employees and Certain
Others.

          No director, officer, employee, incorporator or similar founder, stockholder or member of the
Issuer will have any liability for or any obligations of the Issuer under this Indenture or the
Securities or for any claim based on, with respect to or by reason of, such obligations or their
creation. Each Holder of Securities by accepting a Security waives and releases all such
liability. The waiver and release are part of the consideration for issuance of the Securities.
The waiver may not be effective to waive liabilities under the federal securities laws.

     Section 10.8. Counterparts.

          This Indenture may be executed in any number of counterparts and by the parties hereto in
separate counterparts, each of which when so executed shall be deemed to be an original and all of
which taken together shall constitute one and the same agreement. Delivery of an executed
counterpart of this Indenture by facsimile or electronic transmission shall be equally as effective
as delivery of an original executed counterpart of this Indenture. Any party delivering an
executed counterpart of this Indenture by facsimile or electronic transmission also shall deliver
an original executed counterpart of this Indenture, but the failure to deliver an original executed
counterpart shall not affect the validity, enforceability and binding effect of this Indenture.

     Section 10.9. Governing Laws.

          THIS INDENTURE AND THE SECURITIES, INCLUDING ANY CLAIM OR CONTROVERSY ARISING OUT OF OR
RELATING TO THIS INDENTURE OR THE SECURITIES, SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW
YORK WITHOUT REGARD TO CONFLICT OF LAW PRINCIPLES THAT WOULD

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RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK.

     Section 10.10. No Adverse Interpretation of Other Agreements.

          This Indenture may not be used to interpret another indenture, loan or debt agreement of the
Issuer or any Subsidiary of the Issuer. Any such indenture, loan or debt agreement may not be used
to interpret this Indenture.

     Section 10.11. Successors.

          All agreements of the Issuer in this Indenture and the Securities shall bind their respective
successors. All agreements of the Trustee in this Indenture shall bind its successor.

     Section 10.12. Severability.

          In case any provision in this Indenture or in the Securities shall be invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining provisions shall not in
any way be affected or impaired thereby.

     Section 10.13. Table of Contents, Headings, Etc.

          The Table of Contents, Cross Reference Table, and headings of the Articles and Sections of
this Indenture have been inserted for convenience of reference only, are not to be considered a
part hereof, and shall in no way modify or restrict any of the terms or provisions hereof.

     Section 10.14. Judgment Currency.

          The Issuer agrees, to the fullest extent that it may effectively do so under applicable law,
that (a) if for the purpose of obtaining judgment in any court it is necessary to convert the sum
due with respect to the principal of or interest or other amount on the Securities of any Series
(the “Required Currency”) into a currency in which a judgment will be rendered (the “Judgment
Currency”), the rate of exchange used shall be the rate at which in accordance with normal banking
procedures the recipient could purchase in The City of New York the Required Currency with the
Judgment Currency on the day on which final unappealable judgment is entered, unless such day is
not a New York Banking Day, then the rate of exchange used shall be the rate at which in accordance
with normal banking procedures the recipient could purchase in The City of New York the Required
Currency with the Judgment Currency on the New York Banking Day preceding the day on which final
unappealable judgment is entered and (b) its obligations under this Indenture to make payments in
the Required Currency (i) shall not be discharged or satisfied by any tender, any recovery pursuant
to any judgment (whether or not entered in accordance with clause (a)), in any currency other than
the Required Currency, except to the extent that such tender or recovery shall result in the actual
receipt, by the payee, of the full amount of the Required Currency expressed to be payable with
respect to such payments, (ii) shall be enforceable as an alternative or additional cause of action
for the purpose of recovering in the Required Currency the amount, if any, by which such actual
receipt shall fall short of the full amount of the Required Currency so expressed to be payable,
and (iii) shall not be affected

44

 

by judgment being obtained for any other sum due under this Indenture. For purposes of the
foregoing, “New York Banking Day” means any day except a Saturday, Sunday or a Legal Holiday in The
City of New York on which banking institutions are authorized or required by law, regulation or
executive order to close.

     Section 10.15. English Language.

          This Indenture has been negotiated and executed in the English language. All certificates,
reports, notices and other documents and communications delivered or delivered pursuant to this
Indenture (including any modifications or supplements hereto), shall be in the English language, or
accompanied by a certified English translation thereof. In the case of any document originally
issued in a language other than English, the English language version of any such document shall
for purposes of this Indenture, and absent manifest error, control the meaning of the matters set
out therein.

     Section 10.16. Submission to Jurisdiction; Appointment of Agent.

          Any suit, action or proceeding against the Issuer or any of its properties, assets or revenues
with respect to this Indenture or the Securities (a “Related Proceeding”) may be brought in any
state or Federal court in the Borough of Manhattan in The City of New York, New York, as the Person
bringing such Related Proceeding may elect in its sole discretion. The Issuer hereby consents to
the non-exclusive jurisdiction of each such court for the purpose of any Related Proceeding and has
irrevocably waived any objection to the laying of venue of any Related Proceeding brought in any
such court and to the fullest extent it may effectively do so and the defense of an inconvenient
forum to the maintenance of any Related Proceeding or any such suit, action or proceeding in any
such court. The Issuer hereby agrees that service of all writs, claims, process and summonses in
any Related Proceeding brought against it in the State of New York may be made upon [CT Corporation
System, 111 Eighth Avenue, New York, New York 10011 (and any successor entity) (the “Process
Agent”)]. The Issuer irrevocably appoints the Process Agent as its agent and true and lawful
attorney in fact in its name, place and stead to accept such service of any and all such writs,
claims, process and summonses, and hereby agrees that the failure of the Process Agent to give any
notice to it of any such service of process shall not impair or affect the validity of such service
or of any judgment based thereon. The Issuer hereby agrees to have an office or to maintain at all
times an agent with offices in the United States of America to act as Process Agent. Nothing in
this Indenture shall in any way be deemed to limit the ability to serve any such writs, process or
summonses in any other manner permitted by applicable law.

     Section 10.17. Waiver of Immunity.

          To the extent that the Issuer has or hereafter may acquire any immunity from jurisdiction of
any court or from any legal process (whether through service of notice, attachment prior to
judgment, attachment in aid of execution or execution, on the ground of sovereignty or otherwise)
with respect to itself or its property, each hereby irrevocably waives, to the fullest extent
permitted by applicable law, such immunity with respect to its obligations under this Indenture or
the Securities.

45

 

     Section 10.18. Waiver of Jury Trial.

          EACH OF THE ISSUER AND THE TRUSTEE HERETO HEREBY IRREVOCABLY WAIVE ALL RIGHTS TO TRIAL BY JURY
IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING
OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES, OR THE TRANSACTIONS CONTEMPLATED HEREBY OR
THEREBY.

ARTICLE XI.

SUBORDINATION OF SECURITIES

     Section 11.1. Subordination Terms.

          The Securities of a Series issued hereunder shall be subordinated in right of payment to the
extent provided in the subordination terms with respect to the Securities of such Series that are
established pursuant to Section 2.2.

[Signature page follows.]

46

 

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

	 	 	 	 	 	 	 

	 	 	COSTAR GROUP, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	 
 

Name:
	 	 
	 

	 	 	 	Title:	 	 

[Base Indenture — Debt Securities]

 

 

	 	 	 	 	 	 	 

	 	 	[TRUSTEE]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	 
 

Name:
	 	 
	 

	 	 	 	Title:	 	 

[Base Indenture — Debt Securities]Exhibit 10.1

Exhibit 10.1

FIVE YEAR CREDIT AGREEMENT

Dated as of May 20, 2011

GOODRICH CORPORATION, a New York corporation (the “Company”), the banks, financial
institutions and other institutional lenders (the “Initial Lenders”) and issuers of letters
of credit (the “Initial Issuing Banks”) listed on the signature pages hereof and CITIBANK,
N.A. (“Citibank”), as agent (the “Agent”) for the Lenders (as hereinafter defined),
agree as follows:

ARTICLE I

DEFINITIONS AND ACCOUNTING TERMS

SECTION 1.01. Certain Defined Terms. As used in this Five Year Credit Agreement (as
the same may from time to time be amended, restated or otherwise modified, the
“Agreement”), the following terms shall have the following meanings (such meanings to be
equally applicable to both the singular and plural forms of the terms defined):

“Administrative Questionnaire” means an Administrative Questionnaire in a form
supplied by the Agent.

“Advance” means a Revolving Credit Advance or a Competitive Bid Advance.

“Affiliate” means, with respect to a specified Person, another Person that
directly, or indirectly through one or more intermediaries, Controls or is Controlled by or
is under common Control with the Person specified.

“Agent’s Account” means (a) in the case of Advances denominated in Dollars, the
account of the Agent maintained by the Agent at Citibank at its office at 388 Greenwich
Street, New York, New York 10013, Account No. 36852248, Attention: Bank Loan Syndications,
(b) in the case of Advances denominated in any Foreign Currency, the account of the
Sub-Agent designated in writing from time to time by the Agent to the Company and the
Lenders for such purpose and (c) in any such case, such other account of the Agent as is
designated in writing from time to time by the Agent to the Company and the Lenders for such
purpose.

“Agreement” has the meaning specified in the first sentence of this Section
1.01.

“Applicable Lending Office” means, with respect to each Lender, such Lender’s
Domestic Lending Office in the case of a Base Rate Advance and such Lender’s Eurocurrency
Lending Office in the case of a Eurocurrency Rate Advance and, in the case of a Competitive
Bid Advance, the office of such Lender notified by such Lender to the Agent as its
Applicable Lending Office with respect to such Competitive Bid Advance.

 

 

 

“Applicable Margin” means, as of any date, a percentage per annum determined by
reference to the Public Debt Rating in effect on such date as set forth below:

	 	 	 	 	 	 	 	 	 
	 	 	Applicable Margin for	 	 	 	 
	Public Debt Rating	 	Eurocurrency Rate	 	 	Applicable Margin for	 
	S&P/Moody’s/Fitch	 	Advances	 	 	Base Rate Advances	 
	Level 1

A / A2 / A
	 	 	0.875	%	 	 	0.000	%
	Level 2

A- / A3 / A-
	 	 	0.975	%	 	 	0.000	%
	Level 3

BBB+ / Baa1 / BBB+
	 	 	1.050	%	 	 	0.050	%
	Level 4

BBB / Baa2 / BBB
	 	 	1.125	%	 	 	0.125	%
	Level 5

Lower than Level 4
	 	 	1.450	%	 	 	0.450	%

“Applicable Percentage” means, as of any date, a percentage per annum
determined by reference to the Public Debt Rating in effect on such date as set forth below:

	 	 	 	 	 
	Public Debt Rating	 	Applicable	 
	S&P/Moody’s/Fitch	 	Percentage	 
	Level 1

A / A2 / A
	 	 	0.125	%
	Level 2

A- / A3 / A-
	 	 	0.150	%
	Level 3

BBB+ / Baa1 / BBB+
	 	 	0.200	%
	Level 4

BBB / Baa2 / BBB
	 	 	0.250	%
	Level 5

Lower than Level 4
	 	 	0.300	%

“Assignment and Assumption” means an assignment and assumption entered into by
a Lender and an Eligible Assignee (with the consent of any party whose consent is required
by Section 9.06), and accepted by the Agent, in substantially the form of Exhibit C or any
other form approved by the Agent.

“Assuming Lender” has the meaning specified in Section 2.19(d).

“Assumption Agreement” has the meaning specified in Section 2.19(d)(ii).

“Available Amount” of any Letter of Credit means, at any time, the maximum
amount available to be drawn under such Letter of Credit at such time (assuming compliance
at such time with all conditions to drawing).

“Bankruptcy Law” means any proceeding of the type referred to in Section
6.01(e) or Title 11, U.S. Code, or any similar foreign, federal or state law for the relief
of debtors.

“Base Rate” means a fluctuating interest rate per annum in effect from time to
time, which rate per annum shall at all times be equal to the highest of:

(a) the rate of interest announced publicly by Citibank in New York, New York,
from time to time, as Citibank’s base rate;

(b) 1/2 of one percent per annum above the Federal Funds Rate; and

Five Year Credit Agreement

 

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(c) to the extent determinable, the British Bankers Association Interest
Settlement Rate applicable to Dollars for a period of one month (“One Month LIBOR”)
plus 1.00% (for the avoidance of doubt, the One Month LIBOR for any day shall be
based on the rate appearing on Reuters LIBOR01 Page (or other commercially available
source providing such quotations as designated by the Agent from time to time) at
approximately 11:00 a.m. London time on such day).

“Base Rate Advance” means a Revolving Credit Advance denominated in Dollars
that bears interest as provided in Section 2.08(a)(i).

“Borrowers” means, collectively, the Company and each Designated Subsidiary
that shall become a party to this Agreement pursuant to Section 9.12.

“Borrowing” means a Revolving Credit Borrowing or a Competitive Bid Borrowing.

“Business Day” means a day of the year on which banks are not required or
authorized by law to close in New York City and, if the applicable Business Day relates to
any Eurocurrency Rate Advances or LIBO Rate Advances, on which dealings are carried on in
the London interbank market and banks are open for business in London and in the country of
issue of the currency of such Eurocurrency Rate Advance or LIBO Rate Advance (or, in the
case of an Advance denominated in Euro, on which the Trans-European Automated Real-Time
Gross Settlement Express Transfer (TARGET) System is open) and, if the applicable Business
Day relates to any Local Rate Advances on which banks are open for business in the country
of issue of the currency of such Local Rate Advance.

“Capitalized Lease” means any lease the obligation for Rentals with respect to
which is required to be capitalized on a consolidated balance sheet of the lessee and its
subsidiaries in accordance with GAAP.

“Capitalized Rentals” of any Person means as of the date of any determination
thereof the amount at which the aggregate Rentals due and to become due under all
Capitalized Leases under which such Person is a lessee would be reflected as a liability on
a consolidated balance sheet of such Person.

“Cash Collateralize” means, in respect of an obligation, provide and pledge (as
a first priority perfected security interest) cash collateral in US dollars, at a location
and pursuant to documentation in form and substance satisfactory to the Agent, each Issuing
Bank and the Company (and “Cash Collateralization” has a corresponding meaning).

“Change of Control” shall occur if (i) any Person or two or more Persons (other
than a Permitted Holder) acting in concert shall have acquired beneficial ownership (within
the meaning of Rule 13d-3 of the Securities and Exchange Commission under the Securities
Exchange Act of 1934), directly or indirectly, of Voting Stock of the Company (or other
securities convertible into such Voting Stock) representing 35% or more of the combined
voting power of all Voting Stock of the Company; or (ii) during any period of up to 24
consecutive months, commencing before or after the Effective Date, individuals who at the
beginning of such 24-month period were directors of the Company shall cease for any reason
(other than due to death or disability) to constitute a majority of the board of directors
of the Company (except to the extent that individuals who at the beginning of such 24-month
period were replaced by individuals (x) elected by 66-2/3% of the
remaining members of the board of directors of the Company or (y) nominated for
election by a majority of the remaining members of the board of directors of the Company and
thereafter elected as directors by the shareholders of the Company); provided,
however, that in no event shall a transaction that is permitted pursuant to Section
5.01(h)(i) constitute a Change of Control under this Agreement.

Five Year Credit Agreement

 

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“Code” means the Internal Revenue Code of 1986, as amended from time to time,
and the regulations promulgated and rulings issued thereunder.

“Commitment” means a Revolving Credit Commitment or a Letter of Credit
Commitment.

“Commitment Date” has the meaning specified in Section 2.19(b).

“Commitment Increase” has the meaning specified in Section 2.19(a).

“Committed Currencies” means lawful currency of the United Kingdom of Great
Britain and Northern Ireland and Euros.

“Communications” has the meaning specified in Section 9.02(d)(ii).

“Competitive Bid Advance” means an advance by a Lender to any Borrower as part
of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in
Section 2.03 and refers to a Fixed Rate Advance, a LIBO Rate Advance or a Local Rate
Advance.

“Competitive Bid Borrowing” means a borrowing consisting of simultaneous
Competitive Bid Advances from each of the Lenders whose offer to make one or more
Competitive Bid Advances as part of such borrowing has been accepted under the competitive
bidding procedure described in Section 2.03.

“Competitive Bid Note” means a promissory note of any Borrower payable to the
order of any Lender, in substantially the form of Exhibit A-2 hereto, evidencing the
indebtedness of such Borrower to such Lender resulting from a Competitive Bid Advance made
by such Lender to such Borrower.

“Confidential Information” means confidential or proprietary information
delivered or made available by or on behalf of the Company or any Subsidiary to the Agent or
any Lender, but does not include information (i) which was publicly available or otherwise
known to the Agent or such Lender, at the time of disclosure (other than through disclosure
by the Company or any Subsidiary on behalf of the Company or any Subsidiary), (ii) which
subsequently becomes publicly known through no act or omission by the Agent or any Lender,
or (iii) which otherwise becomes known to the Agent or such Lender, other than through
disclosure by the Company or any Subsidiary or on behalf of the Company or any Subsidiary or
disclosure in violation of an obligation of confidence of which the Agent or such Lender
knows or should have known.

“Consenting Lender” has the meaning specified in Section 2.20(b).

“consolidated” refers to the consolidation of accounts in accordance with GAAP.

“Consolidated Subsidiary” means any entity which is treated as a consolidated
subsidiary of the Company for purposes of its public financial statements as prepared in
accordance with GAAP.

Five Year Credit Agreement

 

4

 

“Control” means the possession, directly or indirectly, of the power to direct
or cause the direction of the management or policies of a Person, whether through the
ability to exercise voting power, by contract or otherwise. “Controlling” and
“Controlled” have meanings correlative thereto.

“Convert”, “Conversion” and “Converted” each refers to a
conversion of Revolving Credit Advances of one Type into Revolving Credit Advances of the
other Type pursuant to Section 2.09 or 2.10.

“Debt” of any Person shall mean, as of the date of any determination thereof
(and, in each case, without duplication):

(i) Indebtedness for borrowed money;

(ii) Indebtedness which is evidenced by acceptances, notes or other instruments;

(iii) Capitalized Rentals;

(iv) reimbursement obligations under letters of credit issued to secure obligations of
any Person of the type described in clauses (i), (ii) or (iii) above;

(v) any obligation (including, without limitation, obligations in connection with
sale-leaseback transactions) secured by a lien on assets, whether or not the obligor has
assumed such obligation or whether or not such obligation is non-recourse to the credit of
such obligor; and

(vi) Guaranties of any of the foregoing;

and provided, however, that Debt shall not include (i) any obligation of the
Company or any Subsidiary if neither the Company nor any Consolidated Subsidiary is required
to account for such obligation as debt on the consolidated balance sheet of the Company
prepared in accordance with GAAP or (ii) any impact from derivative valuations accounted for
in accordance with GAAP.

“Default” means any Event of Default or any event that would constitute an
Event of Default but for the requirement that notice be given or time elapse or both.

“Defaulting Lender” means at any time, subject to Section 2.21(c), (i) any
Lender that has failed for three or more Business Days to comply with its obligations under
this Agreement to make an Advance, make a payment to an Issuing Bank in respect of drawing
under a Letter of Credit or make any other payment due hereunder (each, a “funding
obligation”), unless such Lender has notified the Agent and the Company in writing that
such failure is the result of such Lender’s determination that one or more conditions
precedent to funding has not been satisfied (which conditions precedent, together with the
applicable default, if any, will be specifically identified in such writing), (ii) any
Lender that has notified the Agent, the Company or an Issuing Bank in writing, or has stated
publicly, that it does not intend to comply with its funding obligations hereunder, unless
such writing or statement states that such position is based on such Lender’s determination
that one or more conditions precedent to funding

Five Year Credit Agreement

 

5

 

cannot be satisfied (which conditions precedent, together with the applicable default, if any, will be
specifically identified in such writing or public statement), (iii) any Lender that has
defaulted on its funding obligations under other loan agreements or credit agreements
generally under which it has commitments to extend credit or that has notified, or whose
Parent Company has notified, the Agent or the Company in writing, or has stated publicly,
that it does not intend to comply with its funding obligations under loan agreements or
credit agreements generally, (iv) any Lender that has, for three or more Business Days after
written request of the Agent or the Company, failed to confirm in writing to the Agent and
the Company that it will comply with its prospective funding obligations hereunder (provided
that such Lender will cease to be a Defaulting Lender pursuant to this clause (iv) upon the
Agent’s and the Company’s receipt of such written confirmation), or (v) any Lender with
respect to which a Lender Insolvency Event has occurred and is continuing with respect to
such Lender or its Parent Company; provided that a Lender Insolvency event shall not
be deemed to occur with respect to a Lender or its Parent Company solely as a result of the
acquisition or maintenance of an ownership interest in such Lender or Parent Company by a
governmental authority or instrumentality thereof where such action does not result in or
provide such Lender 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
Lender (or such Governmental Authority or instrumentality) to reject, repudiate, disavow or
disaffirm any contracts or agreements made with such Lender. Any determination by the Agent
that a Lender is a Defaulting Lender under any of clauses (i) through (v) above will be
conclusive and binding absent manifest error, and such Lender will be deemed to be a
Defaulting Lender (subject to Section 2.21(c)) upon notification of such determination by
the Agent to the Company, the Issuing Banks and the Lenders.

“Designated Bidder” means (a) a Lender, (b) an Affiliate of a Lender or (c) a
special purpose corporation that is engaged in making, purchasing or otherwise investing in
commercial loans in the ordinary course of its business and that issues (or the parent of
which issues) commercial paper rated at least “Prime-1” (or the then equivalent grade) by
Moody’s or “A-1” (or the then equivalent grade) by S&P that, in the case of either clause
(b) or (c), (i) is organized under the laws of the United States or any State thereof, (ii)
shall have become a party hereto pursuant to Section 9.06(d) and (iii) is not otherwise a
Lender.

“Designated Subsidiary” means any wholly-owned Subsidiary of the Company
designated for borrowing privileges under this Agreement pursuant to Section 9.12.

“Designation Agreement” means a designation agreement entered into by a Lender
(other than a Designated Bidder) and a Designated Bidder, and accepted by the Agent, in
substantially the form of Exhibit D hereto.

“Designation Letter” means, with respect to any Designated Subsidiary, a letter
in the form of Exhibit E hereto signed by such Designated Subsidiary and the Company.

“Dollars” and the “$” sign each means lawful currency of the United
States of America.

“Domestic Lending Office” means, with respect to any Lender, the office of such
Lender specified as its “Domestic Lending Office” in its Administrative Questionnaire
delivered to the Agent, or such other office of such Lender as such Lender may from time to
time specify to the Company and the Agent.

Five Year Credit Agreement

 

6

 

“EBITDA” means, for any period, net income (or net loss) plus the sum
of (a) interest expense and distributions on trust preferred securities, (b) income tax
expense, (c) depreciation
expense, (d) amortization expense, (e) all non-recurring charges to the extent such
charges exceed $50,000,000 (before taxes) in such period and (f) all non-cash charges
resulting from changes in estimates on long-term contracts which cumulatively exceed a net
$50,000,000 for any individual contract during such period and minus (i)
non-recurring cash charges related to (e) above when paid (rather than as accrued) and (ii)
non-cash gains resulting from changes in estimates on long-term contracts which cumulatively
exceed a net $50,000,000 for any individual contract during such period, in each case
determined in accordance with GAAP for such period, provided, that for purposes of
calculating compliance with Section 5.01(f), the EBITDA attributable to any Material
Acquisition by the Company or any of its Subsidiaries during any period of four full fiscal
quarters shall be included on a pro forma basis for such period of four full fiscal quarters
(assuming the consummation of each such acquisition occurred on the first day of such period
of four full fiscal quarters and including, at the option of the Company in connection with
a Material Acquisition, pro forma adjustments for acquisition synergies and similar items
that are (i) directly attributable to such acquisition, (ii) factually supportable and (iii)
expected to have a continuing impact, such adjustments to be determined on a basis
consistent with Article 11 of Regulation S-X promulgated by the Securities and Exchange
Commission, which would include cost savings resulting from head count reduction, closure of
facilities and similar restructuring charges, which pro forma adjustments shall be described
in the officer’s compliance certificate delivered pursuant to Section 5.01(k)(iv) for the
relevant period).

“Effective Date” has the meaning specified in Section 3.01.

“Eligible Assignee” means any Person that meets the requirements to be an
assignee under Section 9.06(b)(iii), (v) and (vi) (subject to such consents, if any, as may
be required under Section 9.06(b)(iii)).

“Equivalent” in Dollars of any Foreign Currency on any date means the
equivalent in Dollars of such Foreign Currency determined by using the quoted spot rate at
which the Sub-Agent’s principal office in London offers to exchange Dollars for such Foreign
Currency in London prior to 4:00 P.M. (London time) (unless otherwise indicated by the terms
of this Agreement) on such date as is required pursuant to the terms of this Agreement, and
the “Equivalent” in any Foreign Currency of Dollars means the equivalent in such Foreign
Currency of Dollars determined by using the quoted spot rate at which the Sub-Agent’s
principal office in London offers to exchange such Foreign Currency for Dollars in London
prior to 4:00 P.M. (London time) (unless otherwise indicated by the terms of this Agreement)
on such date as is required pursuant to the terms of this Agreement.

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended,
and any successor statute of similar import, together with the regulations thereunder, in
each case as in effect from time to time.

“ERISA Affiliate” means any corporation, trade or business that is, along with
the Company, a member of a controlled group of corporations or a controlled group of trades
or businesses as described in Sections 414(b) and 414(c) of the Code (and Sections 414(m)
and (o) of the Code for purposes of provisions relating to Section 412 of the Code).

Five Year Credit Agreement

 

7

 

“EURIBO Rate” means the rate appearing on Page 248 of the Reuters Service (or
on any successor or substitute page of such Service, or any successor to or substitute for
such Service, providing rate quotations comparable to those currently provided on such page
of such Service, as determined by the Agent from time to time for purposes of providing
quotations of interest rates applicable to deposits in Euro by reference to the Banking
Federation of the European Union
Settlement Rates for deposits in Euro) at approximately 10:00 a.m., London time, two
Business Days prior to the commencement of such Interest Period, as the rate for deposits in
Euro with a maturity comparable to such Interest Period or, if for any reason such rate is
not available, and the Agent is unable to determine such rate in accordance with Section
2.09(f)(i), the average (rounded upward to the nearest whole multiple of 1/100 of 1% per
annum, if such average is not such a multiple) of the respective rates per annum at which
deposits in Euros are offered by the principal office of each of the Reference Banks in
London, England to prime banks in the London interbank market at 11:00 A.M. (London time)
two Business Days before the first day of such Interest Period in an amount substantially
equal (x) in the case of Revolving Credit Borrowings, to such Reference Bank’s Eurocurrency
Rate Advance comprising part of such Revolving Credit Borrowing to be outstanding during
such Interest Period and for a period equal to such Interest Period (subject, however, to
the provisions of Section 2.09) or (y) in the case of Competitive Bid Borrowings, to the
amount that would be the Reference Banks’ respective ratable shares of such Borrowing if
such Borrowing were to be a Revolving Credit Borrowing to be outstanding during such
Interest Period and for a period equal to such Interest Period (subject, however, to the
provisions of Section 2.09).

“Euro” means the lawful currency of the European Union as constituted by the
Treaty of Rome which established the European Community, as such treaty may be amended from
time to time and as referred to in the EMU legislation.

“Eurocurrency Liabilities” has the meaning assigned to that term in Regulation
D of the Board of Governors of the Federal Reserve System, as in effect from time to time.

“Eurocurrency Lending Office” means, with respect to any Lender, the office of
such Lender specified as its “Eurodollar Lending Office” in its Administrative Questionnaire
delivered to the Agent, or such other office of such Lender as such Lender may from time to
time specify to the Company and the Agent.

“Eurocurrency Rate” means, for any Interest Period for each Eurocurrency Rate
Advance comprising part of the same Revolving Credit Borrowing, an interest rate per annum
equal to (a) in the case of any Revolving Credit Advance denominated in Dollars or any
Committed Currency other than Euro, the rate per annum (rounded upward to the nearest whole
multiple of 1/100 of 1% per annum) appearing on Reuters LIBOR01 Page (or any successor page)
as the London interbank offered rate for deposits in Dollars or the applicable Committed
Currency at approximately 11:00 A.M. (London time) two Business Days prior to the first day
of such Interest Period for a term comparable to such Interest Period or, if for any reason
such rate is not available, and the Agent is unable to determine such rate in accordance
with Section 2.09(f)(i), the average (rounded upward to the nearest whole multiple of 1/100
of 1% per annum, if such average is not such a multiple) of the rate per annum at which
deposits in Dollars or the applicable Committed Currency is offered by the principal office
of each of the Reference Banks in London, England to prime banks in the London interbank
market at 11:00 A.M. (London time) two Business Days before the first day of such Interest
Period in an amount substantially equal to such Reference Bank’s Eurocurrency Rate Advance
comprising part of such Revolving Credit Borrowing to be outstanding during such Interest
Period and for a period equal to such Interest Period or, (b) in the case of any Revolving
Credit Advance denominated in Euros, the EURIBO Rate. If the Reuters LIBOR01 Page (or any
successor page) is unavailable, and the Agent is unable to determine such rate in accordance
with Section 2.09(f)(i), the Eurocurrency Rate for any Interest Period for each Eurocurrency
Rate Advance comprising part of the same Revolving Credit Borrowing shall be determined by
the Agent in accordance with the provisions of Section 2.09(f)(ii).

“Eurocurrency Rate Advance” means a Revolving Credit Advance denominated in
Dollars or a Committed Currency that bears interest as provided in Section 2.08(a)(ii).

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“Eurocurrency Rate Reserve Percentage” for any Interest Period for any
Eurocurrency Rate Advance or LIBO Rate Advance made by any Lender means the reserve
percentage, if any, applicable to such Lender two Business Days before the first day of such
Interest Period under regulations issued from time to time by the Board of Governors of the
Federal Reserve System (or any successor) with respect to liabilities or assets consisting
of or including Eurocurrency Liabilities (or with respect to any other category of
liabilities that includes deposits by reference to which the interest rate on Eurocurrency
Rate Advances or LIBO Rate Advances is determined) having a term equal to such Interest
Period.

“Events of Default” has the meaning specified in Section 6.01.

“Existing Letters of Credit” has the meaning specified in Section 2.01(b).

“Extension Date” has the meaning specified in Section 2.20(b).

“Facility” means the Revolving Credit Facility or the Letter of Credit
Facility.

“FATCA” means Sections 1471 though 1474 of the Code, and any regulations
promulgated thereunder and official interpretations thereof.

“Federal Funds Rate” means, for any period, a fluctuating interest rate per
annum 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 that is a Business Day, the average of the quotations for
such day on such transactions received by the Agent from three Federal funds brokers of
recognized standing selected by it.

“Fitch” means Fitch, Inc. and any successor thereto.

“Fixed Rate Advances” has the meaning specified in Section 2.03(a)(i), which
Advances shall be denominated in Dollars or in any Foreign Currency.

“Foreign Currency” means any Committed Currency and any other lawful currency
(other than Dollars) that is freely transferable or convertible into Dollars.

“Fronting Exposure” means, at any time there is a Defaulting Lender, with
respect to any Issuing Bank, such Defaulting Lender’s Pro Rata Share of the L/C Obligations
with respect to Letters of Credit issued by such Issuing Bank, other than L/C Obligations as
to which such Defaulting Lender’s participation obligation has been reallocated to other
Lenders or Cash Collateralized in accordance with the terms hereof.

“GAAP” has the meaning specified in Section 1.03.

“Guaranteed Obligations” has the meaning specified in Section 7.01.

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“Guaranties” by any Person shall mean all obligations (other than endorsements
in the ordinary course of business of negotiable instruments for deposit or collection) of
such Person guaranteeing any Indebtedness, dividend or other obligation of any other Person (the
“primary obligor”) in any manner, whether directly or indirectly, including, without
limitation, all obligations incurred through an agreement, contingent or otherwise, by such
Person: (i) to purchase such Indebtedness or obligation or any property or assets
constituting security therefor, (ii) to advance or supply funds (x) for the purchase or
payment of such Indebtedness or obligation or (y) to maintain working capital or other
balance sheet condition or otherwise to advance or make available funds for the purchase or
payment of such Indebtedness or obligation, (iii) to lease property or to purchase
securities or other property or services primarily for the purpose of assuring the owner of
such Indebtedness or obligation of the ability of the primary obligor to make payment of the
Indebtedness or obligation, or (iv) otherwise to assure the owner of the Indebtedness or
obligation of the primary obligor against loss in respect thereof. For the purposes of all
computation made under this Agreement, a Guaranty in respect of any Indebtedness for
borrowed money shall be deemed to be Indebtedness equal to the principal amount of such
Indebtedness for borrowed money which has been guaranteed, and a Guaranty in respect of any
other obligation or liability or any dividend shall be deemed to be Indebtedness equal to
the maximum aggregate amount of such obligation, liability or dividend. Notwithstanding the
foregoing, “Guaranties” shall not include (i) any guaranty by the Company or any subsidiary
of obligations of the Company or any subsidiary which obligations are not of the type
described in any of the clauses (i) through (v) in the definition of “Debt” contained in
this Article I; (ii) any obligation of the Company or any subsidiary if neither the Company
nor any subsidiary would be required to account for such obligation as debt on a
consolidated balance sheet prepared in accordance with GAAP; or (iii) so-called
“take-or-pay” contracts whereunder the Company or any subsidiary agrees to purchase goods or
services reasonably expected to be delivered, except where any such take-or-pay contract is
being pledged or conveyed substantially simultaneously with the execution and delivery
thereof by the Company or any Subsidiary to secure Debt of any other Person.

“Increase Date” has the meaning specified in Section 2.19(a).

“Increasing Lender” has the meaning specified in Section 2.19(b).

“Indebtedness” of any Person means and includes all obligations of such Person,
which in accordance with GAAP shall be classified upon a balance sheet of such Person as
liabilities of such Person, and in any event shall include all Debt.

“Interest Period” means, for each Eurocurrency Rate Advance comprising part of
the same Revolving Credit Borrowing and each LIBO Rate Advance comprising part of the same
Competitive Bid Borrowing, the period commencing on the date of such Eurocurrency Rate
Advance or LIBO Rate Advance or the date of the Conversion of any Base Rate Advance into
such Eurocurrency Rate Advance and ending on the last day of the period selected by the
Borrower requesting such Borrowing pursuant to the provisions below and, thereafter, with
respect to Eurocurrency Rate Advances, each subsequent period commencing on the last day of
the immediately preceding Interest Period and ending on the last day of the period selected
by such Borrower pursuant to the provisions below. The duration of each such Interest
Period shall be one, two, three or six months, and subject to clause (c) of this definition,
nine months, as the Borrower requesting such Borrowing may, upon notice received by the
Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the
first day of such Interest Period, select; provided, however, that:

(a) the Borrowers may not select any Interest Period that ends after the
Termination Date;

(b) Interest Periods commencing on the same date for Eurocurrency Rate Advances
comprising part of the same Revolving Credit Borrowing or for LIBO Rate Advances
comprising part of the same Competitive Bid Borrowing shall be of the same duration;

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(c) in the case of any such Revolving Credit Borrowing, the Borrowers shall not
be entitled to select an Interest Period having duration of nine months unless, by
2:00 P.M. (New York City time) on the third Business Day prior to the first day of
such Interest Period, each Lender notifies the Agent that such Lender will be
providing funding for such Revolving Credit Borrowing with such Interest Period (the
failure of any Lender to so respond by such time being deemed for all purposes of
this Agreement as an objection by such Lender to the requested duration of such
Interest Period); provided that, if any or all of the Lenders object to the
requested duration of such Interest Period, the duration of the Interest Period for
such Revolving Credit Borrowing shall be one, two, three or six months, as specified
by the Borrower requesting such Revolving Credit Borrowing in the applicable Notice
of Revolving Credit Borrowing as the desired alternative to an Interest Period of
nine months;

(d) whenever the last day of any Interest Period would otherwise occur on a day
other than a Business Day, the last day of such Interest Period shall be extended to
occur on the next succeeding Business Day, provided, however, that,
if such extension would cause the last day of such Interest Period to occur in the
next following calendar month, the last day of such Interest Period shall occur on
the next preceding Business Day; and

(e) whenever the first day of any Interest Period occurs on a day of an initial
calendar month for which there is no numerically corresponding day in the calendar
month that succeeds such initial calendar month by the number of months equal to the
number of months in such Interest Period, such Interest Period shall end on the last
Business Day of such succeeding calendar month.

“Issuing Bank” means each Initial Issuing Bank or any Eligible Assignee to
which a portion of the Letter of Credit Commitment hereunder has been assigned pursuant to
Section 9.06 so long as such Eligible Assignee expressly agrees to perform in accordance
with their terms all of the obligations that by the terms of this Agreement are required to
be performed by it as an Issuing Bank and notifies the Agent of its Applicable Lending
Office (which information shall be recorded by the Agent in the Register), for so long as
such Initial Issuing Bank or Eligible Assignee, as the case may be, shall have a Letter of
Credit Commitment.

“L/C Cash Collateral Account” means an interest bearing cash collateral account
to be established and maintained by the Agent, over which the Agent shall have sole dominion
and control, upon terms as may be satisfactory to the Agent.

“L/C Obligations” means, as of any date, the aggregate Available Amount of
outstanding Letters of Credit and Revolving Credit Advances made by an Issuing Bank in
accordance with Section 2.04 that have not been funded by the Lenders and, in the case of
any Letters of Credit denominated in a Committed Currency, shall be the Equivalent in
Dollars of such amount, determined as of the third Business Day prior to such date.

“L/C Related Documents” has the meaning specified in Section 2.07(b)(i).

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“Lender Insolvency Event” means that (i) a Lender or its Parent Company is
insolvent, or is generally unable to pay its debts as they become due, or admits in writing
its inability to pay its debts as they become due, or makes a general assignment for the
benefit of its creditors, or (ii) such Lender or its Parent Company is the subject of a
bankruptcy, insolvency, reorganization, liquidation or similar proceeding, or a receiver,
trustee, conservator, intervenor or sequestrator or the like has been appointed for such
Lender or its Parent Company, or such Lender or its Parent Company has taken any action in
furtherance of or indicating its consent to or acquiescence in any such proceeding or
appointment.

“Lenders” means the Initial Lenders, the Issuing Banks, each Assuming Lender
that shall become a party hereto pursuant to Section 2.19 or 2.20 and each Person that shall
become a party hereto pursuant to Section 9.06(b) and, except when used in reference to a
Revolving Credit Advance, a Revolving Credit Borrowing, a Revolving Credit Note, a
Commitment or a related term, each Designated Bidder.

“Letter of Credit Agreement” has the meaning specified in Section 2.04(a).

“Letter of Credit Commitment” means, with respect to each Initial Issuing Bank,
the amount set forth opposite such Initial Issuing Bank’s name on Schedule I hereto under
the caption “Letter of Credit Commitment” or, if such Initial Issuing Bank has entered into
one or more Assignment and Assumptions, the amount set forth for such Issuing Bank in the
Register maintained by the Agent pursuant to Section 9.06(c) as such Issuing Bank’s “Letter
of Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to
Section 2.07.

“Letter of Credit Facility” means, at any time, an amount equal to the lesser
of (a) the amount of the Issuing Banks’ Letter of Credit Commitments at such time and (b)
$300,000,000 (or the Dollar Equivalent thereof of any Committed Currency), as such amount
may be reduced at or prior to such time pursuant to Section 2.07.

“Letters of Credit” has the meaning specified in Section 2.01(b).

“Leverage Ratio” means the ratio of (a) Debt of the Company and its
Consolidated Subsidiaries as of any date to (b) EBITDA of the Company and its Consolidated
Subsidiaries for the four fiscal quarters ended on or immediately prior to such date.

“LIBO Rate” means, for any Interest Period for all LIBO Rate Advances
comprising part of the same Competitive Bid Borrowing, an interest rate per annum equal to
(a) in the case of any Competitive Bid Borrowing denominated in Dollars or any Foreign
Currency other than Euros, the rate per annum (rounded upward to the nearest whole multiple
of 1/100 of 1% per annum) appearing on Reuters LIBOR01 Page (or any successor page) as the
London interbank offered rate for deposits in Dollars or the applicable Committed Currency
at approximately 11:00 A.M. (London time) two Business Days prior to the first day of such
Interest Period for a term comparable to such Interest Period or, if for any reason such
rate is not available, and the Agent is unable to determine such rate in accordance with
Section 2.09(f)(i), the average (rounded upward to the nearest whole multiple of 1/100 of 1%
per annum, if such average is not such a multiple) of the rate per annum at which deposits
in Dollars or the applicable Foreign Currency is offered by the principal office of each of
the Reference Banks in London, England to prime banks in the London interbank market at
11:00 A.M. (London time) two Business Days before the first day of such Interest Period in
an amount substantially equal to the amount that would be the Reference Banks’ respective
ratable shares of such Borrowing if such Borrowing were to be a Revolving Credit Borrowing
to be outstanding during such Interest Period and for a period equal to such
Interest Period or (b) in the case of any Competitive Bid Borrowing denominated in
Euros, the EURIBO Rate. If the Reuters LIBOR01 Page (or any successor page) is unavailable,
and the Agent is unable to determine such rate in accordance with Section 2.09(f)(i), the
LIBO Rate for any Interest Period for each LIBO Rate Advance comprising part of the same
Competitive Bid Borrowing shall be determined by the Agent in accordance with the provisions
of Section 2.09(f)(ii).

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“LIBO Rate Advances” means a Competitive Bid Advance denominated in Dollars or
in any Foreign Currency and bearing interest based on the LIBO Rate.

“Lien” means any interest in property securing an obligation owed to, or a
claim by, a Person other than the owner of the property, whether such interest is based on
common law, statute or contract, and including but not limited to the security interest lien
arising from a mortgage, encumbrance, pledge, conditional sale or trust receipt or a lease,
consignment or bailment for security purposes.

“Local Rate Advance” means a Competitive Bid Advance denominated in any Foreign
Currency sourced from the jurisdiction of issuance of such Foreign Currency and bearing
interest at a fixed rate.

“Material Acquisition” means the acquisition by the Company or any of its
Subsidiaries of any Person or business unit for aggregate consideration in excess of
$200,000,000.

“Material Adverse Change” means any material adverse change in the business,
financial condition, results of operations or properties of the Company and its Restricted
Subsidiaries taken as a whole.

“Material Adverse Effect” means a material adverse effect on (a) the business,
financial condition, results of operations or properties of the Company and its Restricted
Subsidiaries taken as a whole, (b) the rights and remedies of the Agent or any Lender under
this Agreement or any Note or (c) the ability of the Company or the other Borrowers to
perform their obligations under this Agreement or any Note.

“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto.

“Multiemployer Plan” has the same meaning as in ERISA.

“Net Tangible Assets” means as of the date of any determination thereof, the
total amount of all Tangible Assets of the Company and its Consolidated Subsidiaries minus
consolidated current liabilities of the Company and its Consolidated Subsidiaries determined
in accordance with GAAP.

“Non-Consenting Lender” has the meaning specified in Section 2.20(b).

“Non-Defaulting Lender” means, at any time, a Lender that is not a Defaulting
Lender.

“Note” means a Revolving Credit Note or a Competitive Bid Note.

“Notice of Competitive Bid Borrowing” has the meaning specified in Section
2.03(a).

“Notice of Revolving Credit Borrowing” has the meaning specified in Section
2.02(a).

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“Parent Company” means, with respect to a Lender, the bank holding company (as
defined in Federal Reserve Board Regulation Y), if any, of such Lender, or if such Lender
does not have a bank holding company, then any corporation, association, partnership or
other business entity owning, beneficially or of record, directly or indirectly, a majority
of the shares of such Lender.

“Participant” has the meaning assigned to such term in clause (e) of Section
9.06.

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

“Payment Office” means, for any Foreign Currency, such office of Citibank as
shall be from time to time selected by the Agent and notified by the Agent to the Borrowers
and the Lenders.

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

“Permitted Holder” shall mean the Company or any stock option or employee
benefit plan of the Company or any of its Subsidiaries.

“Person” means an individual, partnership, corporation (including a business
trust), joint stock company, trust, unincorporated association, joint venture, limited
liability company or other entity, or a government or any political subdivision or agency
thereof.

“Plan” means at any time an employee pension benefit plan of the Company or any
Subsidiary which is covered by Title IV of ERISA.

“Principal Property” means any building, structure or other facility, together
with the land upon which it is erected and fixtures comprising a part thereof, used
primarily for manufacturing and located in the United States of America, in each case the
net book value of which as of the date of any determination thereof exceed 3% of Net
Tangible Assets. Principal Property does not include (1) any building, structure or
facility that, in the opinion of the Company’s Board of Directors, is not of material
importance to the total business of the Company or (2) any portion of a particular building,
structure or facility that, in the opinion of the Company’s Board of Directors, is not of
material importance to the use or operation of that building, structure or facility.

“Pro Rata Share” of any amount means, with respect to any Lender at any time,
the product of such amount times a fraction the numerator of which is the amount of
such Lender’s Revolving Credit Commitment at such time (or, if the Revolving Credit
Commitments shall have been terminated pursuant to Section 2.07 or 6.01, such Lender’s
Revolving Credit Commitment as in effect immediately prior to such termination) and the
denominator of which is the aggregate amount of all Revolving Credit Commitments at such
time (or, if the Revolving Credit Commitments shall have been terminated pursuant to Section
2.07 or 6.01, the aggregate amount of all Revolving Credit Commitments as in effect
immediately prior to such termination).

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“Public Debt Rating” means, as of any date, the rating that has been most
recently announced (or, as provided in clause (b) below, an implied rating) by any of S&P,
Moody’s or Fitch, as the case may be, for any class of non-credit enhanced long-term senior
unsecured debt issued by the Company or, if any such rating agency has issued more than one
such rating, the
lowest of such ratings issued by such rating agency. For purposes of the foregoing,
(a) if only one of S&P, Moody’s and Fitch shall have in effect a Public Debt Rating, the
Applicable Margin and the Applicable Percentage shall be determined by reference to the
available rating; (b) if none of S&P, Moody’s or Fitch shall have in effect a Public Debt
Rating, the Company shall within 45 days obtain an implied rating from S&P, Moody’s or Fitch
of the Company’s obligations under this Agreement and, if such implied rating is not
obtained within such period, the Applicable Margin and the Applicable Percentage will be set
in accordance with Level 5 under the definition of “Applicable Margin” or
“Applicable Percentage”, as the case may be; (c) if the ratings established by S&P,
Moody’s and Fitch shall fall within two different levels, the Applicable Margin and the
Applicable Percentage shall be based upon the rating established by two of the three rating
agencies, (d) if the ratings established by S&P, Moody’s and Fitch shall fall within three
different levels, the Applicable Margin and the Applicable Percentage shall be based upon
the middle rating; (e) if any rating established by S&P, Moody’s or Fitch shall be changed,
such change shall be effective as of the date on which such change is first announced
publicly by the rating agency making such change; and (f) if S&P, Moody’s or Fitch shall
change the basis on which ratings are established, each reference to the Public Debt Rating
announced by S&P, Moody’s or Fitch, as the case may be, shall refer to the then equivalent
rating by S&P, Moody’s or Fitch, as the case may be.

“Receivables Facility” means any accounts receivable facility established by
the Company, so long as such receivables facility is on market terms and in an amount not to
exceed $250,000,000, whereby the Company and/or certain of its Subsidiaries shall have sold
or transferred, or hereafter sell or transfer, the accounts receivables of the Company and
its Subsidiaries, directly or indirectly, to the Receivables Subsidiary which in turn
transfers to a buyer, purchaser or lender undivided fractional interests in such accounts
receivable.

“Receivables Subsidiary” means Goodrich Finance LLC, a Delaware limited
liability company, or any successor, replacement or similar entity that shall have been
established as a “bankruptcy remote” Subsidiary for the sole purpose of acquiring accounts
receivable under the Receivables Facility and that shall not engage in any activities other
than in connection with the Receivables Facility.

“Reference Banks” means Citibank, JPMorgan Chase Bank, N.A. and Bank of
America, N.A.

“Register” has the meaning specified in Section 9.06(c).

“Related Parties” means, with respect to any Person, such Person’s Affiliates
and the partners, directors, officers, employees, agents, trustees, administrators,
managers, advisors and representatives of such Person and of such Person’s Affiliates.

“Rentals” means and includes as of the date of any determination thereof all
fixed payments (including as such all payments which the lessee is obligated to make to the
lessor on termination of the lease or surrender of the property) payable by the Company or a
Restricted Subsidiary, as lessee or sublessee under a lease of real or personal property,
but shall be exclusive of any amounts required to be paid by the Company or a Restricted
Subsidiary (whether or not designated as rents or additional rents) on account of
maintenance, repairs, insurance, taxes and similar charges. Fixed rents under any so-called
“percentage Leases” shall be computed solely on the basis of the minimum rents, if any,
required to be paid by the lessee regardless of sales volume or gross revenues.

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“Required Lenders” means at any time Lenders owed at least a majority in
interest of the then aggregate unpaid principal amount (based on the Equivalent in Dollars
at such time) of the Revolving Credit Advances owing to Lenders, or, if no such principal
amount is then outstanding, Lenders having at least a majority in interest of the Revolving
Credit Commitments; provided that if any Lender shall be a Defaulting Lender at such
time, there shall be excluded from the determination of Required Lenders at such time the
Revolving Credit Commitments of such Lender at such time.

“Responsible Officer” of any Person means the chief financial officer,
treasurer or any assistant treasurer of such Person.

“Restricted Subsidiary” means any Subsidiary (i) which conducts substantially
all of its business and has substantially all of its assets within the United States of
America and which owns a Principal Property, or (ii) any Designated Subsidiary;
provided, however, that Restricted Subsidiary shall not include any
Subsidiary the primary business of which consists of financing operations in connection with
leasing and conditional sales transactions on behalf of the Company and its Subsidiaries,
purchasing accounts receivable or making loans secured by accounts receivable or inventory,
or which is otherwise primarily engaged in the business of a finance company.

“Revolving Credit Advance” means an advance by a Lender to any Borrower as part
of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate
Advance (each of which shall be a “Type” of Revolving Credit Advance).

“Revolving Credit Borrowing” means a borrowing consisting of simultaneous
Revolving Credit Advances of the same Type made by each of the Lenders pursuant to Section
2.01(a).

“Revolving Credit Borrowing Minimum” means, in respect of Revolving Credit
Advances denominated in Dollars, $5,000,000, in respect of Revolving Credit Advances
denominated in Sterling, £5,000,000 and, in respect of Revolving Credit Advances denominated
in Euros, €5,000,000 or, if less, in the case of any Revolving Credit Advance, the aggregate
amount of the unused Commitments.

“Revolving Credit Borrowing Multiple” means, in respect of Revolving Credit
Advances denominated in Dollars, $1,000,000 in respect of Revolving Credit Advances
denominated in Sterling, £1,000,000 and, in respect of Revolving Credit Advances denominated
in Euros, €1,000,000.

“Revolving Credit Commitment” means, with respect to any Lender at any time (a)
the Dollar amount set forth opposite such Lender’s name on Schedule I hereto under the
caption “Revolving Credit Commitment”, (b) if such Lender has become a Lender hereunder
pursuant to an Assumption Agreement, the Dollar amount set forth in such Assumption
Agreement or (c) if such Lender has entered into one or more Assignment and Assumptions, the
Dollar amount set forth for such Lender in the Register maintained by the Agent pursuant to
Section 9.06(c) as such Lender’s “Revolving Credit Commitment”, as such amount may be
reduced at or prior to such time pursuant to Section 2.07 or increased pursuant to Section
2.19.

“Revolving Credit Facility” means, at any time, an amount equal to the
aggregate amount of the Revolving Credit Commitments at such time, as such amount may be
reduced at or prior to such time pursuant to Section 2.07.

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“Revolving Credit Note” means a promissory note of any Borrower payable to the
order of any Lender, delivered pursuant to a request made under Section 2.17 in
substantially the form of Exhibit A-1 hereto, evidencing the aggregate indebtedness of such
Borrower to such Lender resulting from the Revolving Credit Advances made by such Lender to
such Borrower.

“S&P” means Standard & Poor’s Financial Services LLC, a subsidiary of The
McGraw-Hill Companies, Inc. and any successor thereto.

“SEC Reports” means the periodic and current reports filed by the Company with
the Securities and Exchange Commission from time to time pursuant to the Securities Exchange
Act of 1934, as amended.

“Significant Subsidiary” means any Subsidiary that would be a “significant
subsidiary” of the Company within the meaning of Rule 1-02 under Regulation S-X promulgated
by the Securities and Exchange Commission.

“Sub-Agent” means Citibank International plc.

“Subsidiary” of any Person means any corporation, partnership, joint venture,
limited liability company, trust or estate of which (or in which) more than 50% of (a) the
issued and outstanding capital stock having ordinary voting power to elect a majority of the
Board of Directors of such corporation (irrespective of whether at the time capital stock of
any other class or classes of such corporation shall or might have voting power upon the
occurrence of any contingency), (b) the interest in the capital or profits of such limited
liability company, partnership or joint venture or (c) the beneficial interest in such trust
or estate is at the time directly or indirectly owned or controlled by such Person, by such
Person and one or more of its other Subsidiaries or by one or more of such Person’s other
Subsidiaries; provided, however, that, notwithstanding the foregoing, with respect
to the Company, for purposes of this Agreement the Receivables Subsidiary shall not be
deemed to be a Subsidiary of the Company or any of its Subsidiaries.

“Tangible Assets” means as of the date of any determination thereof the total
amount of all assets of the Company and its Consolidated Subsidiaries (less depreciation,
depletion and other properly deductible valuation reserves) after deducting goodwill as
reflected in the Company’s most recent annual report to shareholders.

“Termination Date” means the earlier of (a) May 20, 2016, subject to the
extension thereof pursuant to Section 2.20 and (b) the date of termination in whole of the
Commitments pursuant to Section 2.06 or 6.01; provided, however, that the
Termination Date hereunder with respect to any Advance made by or Letter of Credit
participation owned by any Lender that is a Non-Consenting Lender to any requested extension
pursuant to Section 2.20 shall be the Termination Date in effect immediately prior to the
applicable Extension Date for all purposes of this Agreement.

“Unused Commitment” means, with respect to each Lender at any time, (a) such
Lender’s Revolving Credit Commitment at such time minus (b) the sum of (i) the
aggregate principal amount of all Revolving Credit Advances made by such Lender (in its
capacity as a Lender) and outstanding at such time, plus (ii) such Lender’s Pro Rata
Share of (A) the aggregate Available Amount of all the Letters of Credit outstanding at such
time, (B) the aggregate principal amount of all Revolving Credit Advances made by each
Issuing Bank pursuant to Section 2.04(c) that have not been ratably funded by such Lender
and outstanding at such time
and (C) the aggregate principal amount of Competitive Bid Advances then outstanding, in
each case after giving effect to any adjustments made in accordance with Section 2.21(a).

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“Usage” means, at any time the sum of the aggregate principal amount of the
Advances then outstanding (based in respect of any Advance denominated in a Foreign Currency
on the Equivalent in Dollars at the time such Usage is calculated) plus the
Available Amount of the outstanding Letters of Credit.

“Voting Stock” means capital stock issued by a corporation, or equivalent
interests in any other Person, the holders of which are ordinarily, in the absence of
contingencies, entitled to vote for the election of directors (or persons performing similar
functions) of such Person, even if the right so to vote has been suspended by the happening
of such a contingency.

SECTION 1.02. 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” and the words “to” and “until” each mean “to but excluding”.

SECTION 1.03. Accounting Terms. Except as otherwise specifically provided herein,
all terms of an accounting or financial nature shall be construed in accordance with generally
accepted accounting principles, as in effect from time to time or, should the Company so elect for
purposes of its publicly available financial statements as permitted or required by the Securities
and Exchange Commission, international financial reporting standards, as in effect from time to
time (“GAAP”); provided that, if the Company notifies the Agent that the Company
requests an amendment to any provision of Section 5.01 hereof to eliminate the effect of any change
occurring after the Effective Date in generally accepted accounting principles or in the
application thereof or the adoption after the Effective Date of international financial reporting
standards to such provision (or if the Agent notifies the Company that the Required Lenders request
an amendment to any such provision hereof for such purposes), regardless of whether any such notice
is given before or after such change in generally accepted accounting principles, international
financial reporting standards or in the application thereof, then such provision shall be
interpreted on the basis of generally accepted accounting principles or international financial
reporting standards 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 with
the requirements of this Agreement.

ARTICLE II

AMOUNTS AND TERMS OF THE ADVANCES

SECTION 2.01. The Revolving Credit Advances and Letters of Credit. (a)
Revolving Credit Advances. Each Lender severally agrees, on the terms and conditions
hereinafter set forth, to make Revolving Credit Advances to any Borrower from time to time on any
Business Day during the period from the Effective Date until the Termination Date in an aggregate
amount (based in respect of any Revolving Credit Advances to be denominated in a Committed Currency
by reference to the Equivalent thereof in Dollars determined on the date of delivery of the
applicable Notice of Revolving Credit Borrowing) not to exceed at any time outstanding such
Lender’s Unused Commitment at such time. Each Revolving Credit Borrowing shall be in an amount not
less than the Revolving Credit Borrowing Minimum or the Revolving Credit Borrowing Multiple in
excess thereof and shall consist of Revolving Credit Advances of the same Type and in the same
currency made on the same day by the Lenders ratably according to their respective Revolving Credit
Commitments. Within the limits of each Lender’s
Revolving Credit Commitment, the Borrowers may borrow under this Section 2.01(a), prepay
pursuant to Section 2.11 and reborrow under this Section 2.01(a).

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(b) Letters of Credit. Each Issuing Bank agrees, on the terms and conditions
hereinafter set forth and in reliance upon the Lenders’ obligation to participate pursuant to
Section 2.04(b), to issue letters of credit (each, a “Letter of Credit”) denominated in
Dollars or any Committed Currency for the account of any Borrower from time to time on any Business
Day during the period from the Effective Date until ten Business Days before the Termination Date
in an aggregate Available Amount (based in respect of any Letter of Credit to be denominated in a
Committed Currency by reference to the Equivalent thereof in Dollars determined on the date of
delivery of the applicable Notice of Issuance) (i) for all Letters of Credit issued by each Issuing
Bank not to exceed at any time the lesser of (x) the Letter of Credit Facility at such time and (y)
such Issuing Bank’s Letter of Credit Commitment at such time and (ii) for each such Letter of
Credit not to exceed an amount equal to the Unused Commitments of the Lenders at such time.
Subject to Section 2.04(f), no Letter of Credit shall have an expiration date (including all rights
of the Borrowers or the beneficiary to require renewal) later than 10 Business Days before the
Termination Date. Within the limits referred to above, the Borrowers may request the issuance of
Letters of Credit under this Section 2.01(b), repay any Revolving Credit Advances resulting from
drawings thereunder pursuant to Section 2.04(c) and request the issuance of additional Letters of
Credit under this Section 2.01(b). No Issuing Bank shall be under any obligation to issue any
Letter of Credit if any order, judgment or decree of any governmental authority or arbitrator shall
by its terms purport to enjoin or restrain such Issuing Bank from issuing such Letter of Credit, or
any law applicable to such Issuing Bank or any request or directive (whether or not having the
force of law) from any governmental authority with jurisdiction over such Issuing Bank shall
prohibit, or request that such Issuing Bank refrain from, the issuance of letters of credit
generally or such Letter of Credit in particular or shall impose upon such Issuing Bank with
respect to such Letter of Credit any restriction, reserve, liquidity or capital requirement (for
which such Issuing Bank is not or does not have the right to be otherwise compensated hereunder)
not in effect on the date of this Agreement, or shall impose upon such Issuing Bank any
unreimbursed loss, cost or expense which was not applicable on such date and which such Issuing
Bank in good faith deems material to it. Each letter of credit listed on Schedule 2.01(b) (the
“Existing Letters of Credit”) shall be deemed to constitute a Letter of Credit issued
hereunder and, on and after the Effective Date, shall be subject to all of the terms and conditions
hereof, including, but not limited to, the fees payable pursuant to Section 2.05(b). Each Lender
that is an issuer of an Existing Letter of Credit shall, for purposes of Section 2.04, be deemed to
be an Issuing Bank for each such Existing Letter of Credit, provided that any renewal or
replacement of any Existing Letter of Credit shall be issued by an Issuing Bank pursuant to the
terms of this Agreement.

SECTION 2.02. Making the Revolving Credit Advances. (a) Each Revolving Credit
Borrowing shall be made on notice, given not later than (x) 11:00 A.M. (New York City time) on the
third Business Day prior to the date of the proposed Revolving Credit Borrowing in the case of a
Revolving Credit Borrowing consisting of Eurocurrency Rate Advances denominated in Dollars, (y)
4:00 P.M. (London time) on the third Business Day prior to the date of the proposed Revolving
Credit Borrowing in the case of a Revolving Credit Borrowing consisting of Eurocurrency Rate
Advances denominated in any Committed Currency, or (z) 12:00 noon (New York City time) on the date
of the proposed Revolving Credit Borrowing in the case of a Revolving Credit Borrowing consisting
of Base Rate Advances, by any Borrower to the Agent (and, in the case of a Revolving Credit
Borrowing consisting of Eurocurrency Rate Advances to be made in a Committed Currency,
simultaneously to the Sub-Agent), which shall give to each Lender prompt notice thereof by
telecopier. Each such notice of a Revolving Credit Borrowing (a “Notice of Revolving Credit
Borrowing”) shall be by telephone, confirmed immediately in writing, or telecopier in
substantially the form of Exhibit B-1 hereto, specifying therein the requested (i) date of such
Revolving Credit Borrowing, (ii) Type of Advances comprising such Revolving

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Credit Borrowing, (iii)
aggregate amount of such Revolving Credit Borrowing, and (iv) in the case of a Revolving Credit Borrowing
consisting of Eurocurrency Rate Advances, initial Interest Period and currency for each such
Revolving Credit Advance. Each Lender shall, before 1:00 P.M. (New York City time) on the date of
such Revolving Credit Borrowing, in the case of a Revolving Credit Borrowing consisting of Advances
denominated in Dollars, and before 11:00 A.M. (London time) on the date of such Revolving Credit
Borrowing, in the case of a Revolving Credit Borrowing consisting of Eurocurrency Rate Advances
denominated in any Committed Currency, make available for the account of its Applicable Lending
Office to the Agent at the applicable Agent’s Account, in same day funds, such Lender’s ratable
portion of such Revolving Credit Borrowing. After the Agent’s receipt of such funds and upon
fulfillment of the applicable conditions set forth in Article III, the Agent will make such funds
available to the Borrower requesting such Revolving Credit Borrowing at the Agent’s address
referred to in Section 9.02 or at the applicable Payment Office, as the case may be.

(b) Anything in subsection (a) above to the contrary notwithstanding, (i) no Borrower may
select Eurocurrency Rate Advances for any Revolving Credit Borrowing if the aggregate amount of
such Revolving Credit Borrowing is less than the Revolving Credit Borrowing Minimum or if the
obligation of the Lenders to make Eurocurrency Rate Advances shall then be suspended pursuant to
Section 2.09 or 2.13 and (ii) the Eurocurrency Rate Advances may not be outstanding as part of more
than ten separate Revolving Credit Borrowings.

(c) Each Notice of Revolving Credit Borrowing of any Borrower shall be irrevocable and binding
on such Borrower. In the case of any Revolving Credit Borrowing that the related Notice of
Revolving Credit Borrowing specifies is to be comprised of Eurocurrency Rate Advances, the Borrower
requesting such Revolving Credit Borrowing shall indemnify each Lender against any reasonable loss,
cost or expense incurred by such Lender as a result of any failure to fulfill on or before the date
specified in such Notice of Revolving Credit Borrowing for such Revolving Credit Borrowing the
applicable conditions set forth in Article III, including, without limitation, any reasonable loss
(excluding loss of anticipated profits), cost or expense incurred by reason of the liquidation or
reemployment of deposits or other funds acquired by such Lender to fund the Revolving Credit
Advance to be made by such Lender as part of such Revolving Credit Borrowing when such Revolving
Credit Advance, as a result of such failure, is not made on such date.

(d) Unless the Agent shall have received notice from a Lender prior to the time of any
Revolving Credit Borrowing that such Lender will not make available to the Agent such Lender’s
ratable portion of such Revolving Credit Borrowing, the Agent may assume that such Lender has made
such portion available to the Agent on the date of such Revolving Credit Borrowing in accordance
with subsection (a) of this Section 2.02 and the Agent may, in reliance upon such assumption, make
available to the Borrower proposing such Revolving Credit Borrowing on such date a corresponding
amount. If and to the extent that such Lender shall not have so made such ratable portion
available to the Agent, such Lender and such Borrower severally agree to repay to the Agent
forthwith on demand such corresponding amount together with interest thereon, for each day from the
date such amount is made available to such Borrower until the date such amount is repaid to the
Agent, at (i) in the case of such Borrower, the higher of (A) the interest rate applicable at the
time to Revolving Credit Advances comprising such Revolving Credit Borrowing and (B) the cost of
funds incurred by the Agent in respect of such amount and (ii) in the case of such Lender, (A) the
Federal Funds Rate in the case of Advances denominated in Dollars or (B) the cost of funds incurred
by the Agent in respect of such amount in the case of Advances denominated in Committed Currencies.
If such Lender shall repay to the Agent such corresponding amount, such amount so repaid shall
constitute such Lender’s Revolving Credit Advance as part of such Revolving Credit Borrowing for
purposes of this Agreement.

(e) The failure of any Lender to make the Revolving Credit Advance to be made by it as part of
any Revolving Credit Borrowing shall not relieve any other Lender of its obligation, if any,
hereunder to make its Revolving Credit Advance on the date of such Revolving Credit Borrowing, but
no Lender shall be responsible for the failure of any other Lender to make the Revolving Credit
Advance to be made by such other Lender on the date of any Revolving Credit Borrowing.

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SECTION 2.03. The Competitive Bid Advances. (a) Each Lender severally agrees that
any Borrower may make Competitive Bid Borrowings under this Section 2.03 from time to time on any
Business Day during the period from the date hereof until the date occurring 30 days prior to the
Termination Date in the manner set forth below; provided that, following the making of each
Competitive Bid Borrowing, the Usage shall not exceed the aggregate amount of the Revolving Credit
Commitments of the Lenders.

(i) Any Borrower may request a Competitive Bid Borrowing under this Section 2.03 by
delivering to the Agent (and, in the case of a Competitive Bid Borrowing not consisting of
Fixed Rate Advances or LIBO Rate Advances to be denominated in Dollars, simultaneously to
the Sub-Agent), by telecopier, a notice of a Competitive Bid Borrowing (a “Notice of
Competitive Bid Borrowing”), in substantially the form of Exhibit B-2 hereto, specifying
therein the requested (A) date of such proposed Competitive Bid Borrowing, (B) aggregate
amount of such proposed Competitive Bid Borrowing, (C) interest rate basis and day count
convention to be offered by the Lenders, (D) currency of such proposed Competitive Bid
Borrowing, (E) in the case of a Competitive Bid Borrowing consisting of LIBO Rate Advances,
Interest Period, or in the case of a Competitive Bid Borrowing consisting of Fixed Rate
Advances or Local Rate Advances, maturity date for repayment of each Fixed Rate Advance or
Local Rate Advance to be made as part of such Competitive Bid Borrowing (which maturity date
may not be earlier than the date occurring seven days after the date of such Competitive Bid
Borrowing or later than the earlier of (I) 180 days after the date of such Competitive Bid
Borrowing and (II) the Termination Date), (F) interest payment date or dates relating
thereto, (G) location of such Borrower’s account to which funds are to be advanced and (H)
other terms (if any) to be applicable to such Competitive Bid Borrowing, not later than (w)
10:00 A.M. (New York City time) at least two Business Days prior to the date of the proposed
Competitive Bid Borrowing, if such Borrower shall specify in the Notice of Competitive Bid
Borrowing that the rates of interest to be offered by the Lenders shall be fixed rates per
annum (the Advances comprising any such Competitive Bid Borrowing being referred to herein
as “Fixed Rate Advances”) and that the Advances comprising such proposed Competitive
Bid Borrowing shall be denominated in Dollars, (x) 10:00 A.M. (New York City time) at least
four Business Days prior to the date of the proposed Competitive Bid Borrowing, if such
Borrower shall specify in the Notice of Competitive Bid Borrowing that the Advances
comprising such Competitive Bid Borrowing shall be LIBO Rate Advances denominated in
Dollars, (y) 10:00 A.M. (London time) at least two Business Days prior to the date of the
proposed Competitive Bid Borrowing, if such Borrower shall specify in the Notice of
Competitive Bid Borrowing that the Advances comprising such proposed Competitive Bid
Borrowing shall be either Fixed Rate Advances denominated in any Foreign Currency or Local
Rate Advances denominated in any Foreign Currency and (z) 10:00 A.M. (London time) at least
four Business Days prior to the date of the proposed Competitive Bid Borrowing, if such
Borrower shall instead specify in the Notice of Competitive Bid Borrowing that the Advances
comprising such Competitive Bid Borrowing shall be LIBO Rate Advances denominated in any
Foreign Currency. Each Notice of Competitive Bid Borrowing shall be irrevocable and binding
on such Borrower. The Agent or the Sub-Agent, as the case may be, shall in turn promptly
notify each Lender of each request for a Competitive Bid Borrowing received by it from such
Borrower by sending such Lender a copy of the related Notice of Competitive Bid Borrowing.

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(ii) Each Lender may, if, in its sole discretion, it elects to do so, irrevocably offer
to make one or more Competitive Bid Advances to the Borrower proposing the Competitive Bid
Borrowing as part of such proposed Competitive Bid Borrowing at a rate or rates of interest
specified by such Lender in its sole discretion, by notifying the Agent or the Sub-Agent, as
the case may be (which shall give prompt notice thereof to such Borrower), (A) before 9:30
A.M. (New York City time) on the date of such proposed Competitive Bid Borrowing, in the
case of a Competitive Bid Borrowing consisting of Fixed Rate Advances denominated in
Dollars, (B) before 10:00 A.M. (New York City time) three Business Days before the date of
such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing
consisting of LIBO Rate Advances, denominated in Dollars, (C) before 12:00 noon (London
time) on the Business Day prior to the date of such proposed Competitive Bid Borrowing, in
the case of a Competitive Bid Borrowing consisting of either Fixed Rate Advances denominated
in any Foreign Currency or Local Rate Advances denominated in any Foreign Currency and (D)
before 12:00 noon (London time) on the third Business Day prior to the date of such proposed
Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of LIBO
Rate Advances denominated in any Foreign Currency, of the minimum amount and maximum amount
of each Competitive Bid Advance which such Lender would be willing to make as part of
Borrowing (which amounts or the Equivalent thereof in Dollars, as the case may be, of such
proposed Competitive Bid may, subject to the proviso to the first sentence of this Section
2.03(a), exceed such Lender’s Commitment, if any), the rate or rates of interest therefor
and such Lender’s Applicable Lending Office with respect to such Competitive Bid Advance;
provided that if the Agent in its capacity as a Lender shall, in its sole
discretion, elect to make any such offer, it shall notify such Borrower of such offer at
least 30 minutes before the time and on the date on which notice of such election is to be
given to the Agent or to the Sub-Agent, as the case may be, by the other Lenders;
provided further that, notwithstanding the foregoing, no Lender shall make an offer
to make Competitive Bid Advances pursuant to this Section if the making of such Competitive
Bid Advance would result in an obligation by any Borrower to reimburse or otherwise
compensate such Lender for any withholding or other tax pursuant to Section 2.15 or
otherwise reimburse, compensate or indemnify such Lender for any increased costs pursuant to
Section 2.12 or otherwise. If any Lender shall elect not to make such an offer, such Lender
shall so notify the Agent before 10:00 A.M. (New York City time) or the Sub-Agent before
12:00 noon (London time) on the date on which notice of such election is to be given to the
Agent or to the Sub-Agent, as the case may be, by the other Lenders, and such Lender shall
not be obligated to, and shall not, make any Competitive Bid Advance as part of such
Competitive Bid Borrowing; provided that the failure by any Lender to give such
notice shall not cause such Lender to be obligated to make any Competitive Bid Advance as
part of such proposed Competitive Bid Borrowing.

(iii) The Borrower proposing the Competitive Bid Borrowing shall, in turn, (A) before
10:30 A.M. (New York City time) on the date of such proposed Competitive Bid Borrowing, in
the case of a Competitive Bid Borrowing consisting of Fixed Rate Advances denominated in
Dollars, (B) before 11:00 A.M. (New York City time) three Business Days before the date of
such proposed Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing
consisting of LIBO Rate Advances denominated in Dollars, (C) before 3:00 P.M. (London time)
on the Business Day prior to the date of such proposed Competitive Bid Borrowing, in the
case of a Competitive Bid Borrowing consisting of either Fixed Rate Advances denominated in
any Foreign Currency or Local Rate Advances denominated in any Foreign Currency and (D)
before 3:00 P.M. (London time) on the third Business Day prior to the date of such
Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing consisting of LIBO
Rate Advances denominated in any Foreign Currency, either:

(x) cancel such Competitive Bid Borrowing by giving the Agent notice to that
effect, or

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(y) accept one or more of the offers made by any Lender or Lenders pursuant to
paragraph (ii) above, in its sole discretion, by giving notice to the Agent or to
the Sub-Agent, as the case may be, of the amount of each Competitive Bid Advance
(which amount shall be equal to or greater than the minimum amount, and equal to or
less than the maximum amount, notified to such Borrower by the Agent or the
Sub-Agent, as the case may be, on behalf of such Lender for such Competitive Bid
Advance pursuant to paragraph (ii) above) to be made by each Lender as part of such
Competitive Bid Borrowing, and reject any remaining offers made by Lenders pursuant
to paragraph (ii) above by giving the Agent or the Sub-Agent, as the case may be,
notice to that effect. Such Borrower shall accept the offers made by any Lender or
Lenders to make Competitive Bid Advances in order of the lowest to the highest rates
of interest offered by such Lenders. If two or more Lenders have offered the same
interest rate, the amount to be borrowed at such interest rate will be allocated
among such Lenders in proportion to the amount that each such Lender offered at such
interest rate.

(iv) If the Borrower proposing the Competitive Bid Borrowing notifies the Agent or the
Sub-Agent, as the case may be, that such Competitive Bid Borrowing is cancelled pursuant to
paragraph (iii)(x) above, the Agent or the Sub-Agent, as the case may be, shall give prompt
notice thereof to the Lenders and such Competitive Bid Borrowing shall not be made.

(v) If the Borrower proposing the Competitive Bid Borrowing accepts one or more of the
offers made by any Lender or Lenders pursuant to paragraph (iii)(y) above, the Agent or the
Sub-Agent, as the case may be, shall in turn promptly notify (A) each Lender that has made
an offer as described in paragraph (ii) above, of the date and aggregate amount of such
Competitive Bid Borrowing and whether or not any offer or offers made by such Lender
pursuant to paragraph (ii) above have been accepted by such Borrower, (B) each Lender that
is to make a Competitive Bid Advance as part of such Competitive Bid Borrowing, of the
amount of each Competitive Bid Advance to be made by such Lender as part of such Competitive
Bid Borrowing, and (C) each Lender that is to make a Competitive Bid Advance as part of such
Competitive Bid Borrowing, upon receipt, that the Agent or the Sub-Agent, as the case may
be, has received forms of documents appearing to fulfill the applicable conditions set forth
in Article III. Each Lender that is to make a Competitive Bid Advance as part of such
Competitive Bid Borrowing shall, before 12:00 noon (New York City time), in the case of
Competitive Bid Advances to be denominated in Dollars or 11:00 A.M. (London time), in the
case of Competitive Bid Advances to be denominated in any Foreign Currency, on the date of
such Competitive Bid Borrowing specified in the notice received from the Agent or the
Sub-Agent, as the case may be, pursuant to clause (A) of the preceding sentence or any later
time when such Lender shall have received notice from the Agent or the Sub-Agent, as the
case may be pursuant to clause (C) of the preceding sentence, make available for the account
of its Applicable Lending Office to the Agent (x) in the case of a Competitive Bid Borrowing
denominated in Dollars, at its address referred to in Section 9.02, in same day funds, such
Lender’s portion of such Competitive Bid Borrowing in Dollars and (y) in the case of a
Competitive Bid Borrowing in a Foreign Currency, at the Payment Office for such Foreign
Currency as shall have been notified by the Agent to the Lenders prior thereto, in same day
funds, such Lender’s portion of such Competitive Bid Borrowing in such Foreign Currency.
Upon fulfillment of the applicable conditions set forth in Article III and after receipt by
the Agent of such funds, the Agent will make such funds available to such Borrower at the
location specified by such Borrower in its Notice of Competitive Bid Borrowing. Promptly
after each Competitive Bid Borrowing the Agent will notify each Lender of the amount
and tenor of the Competitive Bid Borrowing.

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(vi) If the Borrower proposing the Competitive Bid Borrowing notifies the Agent or the
Sub-Agent, as the case may be, that it accepts one or more of the offers made by any Lender
or Lenders pursuant to paragraph (iii)(y) above, such notice of acceptance shall be
irrevocable and binding on such Borrower. Such Borrower shall indemnify each Lender against
any reasonable loss, cost or expense incurred by such Lender as a result of any failure to
fulfill on or before the date specified in the related Notice of Competitive Bid Borrowing
for such Competitive Bid Borrowing the applicable conditions set forth in Article III,
including, without limitation, any reasonable loss (excluding loss of anticipated profits),
cost or expense incurred by reason of the liquidation or reemployment of deposits or other
funds acquired by such Lender to fund the Competitive Bid Advance to be made by such Lender
as part of such Competitive Bid Borrowing when such Competitive Bid Advance, as a result of
such failure, is not made on such date.

(b) Each Competitive Bid Borrowing shall be in an aggregate amount of $5,000,000 (or the
Equivalent thereof in any Foreign Currency, determined as of the time of the applicable Notice of
Competitive Bid Borrowing) or an integral multiple of $1,000,000 (or the Equivalent thereof in any
Foreign Currency, determined as of the time of the applicable Notice of Competitive Bid Borrowing)
in excess thereof and, following the making of each Competitive Bid Borrowing, the Borrower that
has borrowed such Competitive Bid Borrowing shall be in compliance with the limitation set forth in
the proviso to the first sentence of subsection (a) above.

(c) Within the limits and on the conditions set forth in this Section 2.03, any Borrower may
from time to time borrow under this Section 2.03, repay or prepay pursuant to subsection (d) below,
and reborrow under this Section 2.03, provided that a Competitive Bid Borrowing shall not
be made within three Business Days of the date of any other Competitive Bid Borrowing.

(d) The Borrower that has borrowed through a Competitive Bid Borrowing shall repay to the
Agent for the account of each Lender that has made a Competitive Bid Advance, on the maturity date
of each Competitive Bid Advance made to such Borrower (such maturity date being that specified by
such Borrower for repayment of such Competitive Bid Advance in the related Notice of Competitive
Bid Borrowing delivered pursuant to subsection (a)(i) above and provided in the Competitive Bid
Note evidencing such Competitive Bid Advance), the then unpaid principal amount of such Competitive
Bid Advance. Such Borrower shall have no right to prepay any principal amount of any Competitive
Bid Advance unless, and then only on the terms, specified by such Borrower for such Competitive Bid
Advance in the related Notice of Competitive Bid Borrowing delivered pursuant to subsection (a)(i)
above and set forth in the Competitive Bid Note evidencing such Competitive Bid Advance.

(e) The Borrower that has borrowed through a Competitive Bid Borrowing shall pay interest on
the unpaid principal amount of each Competitive Bid Advance made to such Borrower from the date of
such Competitive Bid Advance to the date the principal amount of such Competitive Bid Advance is
repaid in full, at the rate of interest for such Competitive Bid Advance specified by the Lender
making such Competitive Bid Advance in its notice with respect thereto delivered pursuant to
subsection (a)(ii) above, payable on the interest payment date or dates specified by such Borrower
for such Competitive Bid Advance in the related Notice of Competitive Bid Borrowing delivered
pursuant to subsection (a)(i) above, as provided in the Competitive Bid Note evidencing such
Competitive Bid Advance. Upon the occurrence and during the continuance of an Event of Default
under Section 6.01(a), at the option of the Lender that made any Competitive Bid Advance, such
Borrower shall pay interest on
the amount of unpaid principal of and interest on each Competitive Bid Advance owing to a
Lender, payable in arrears on the date or dates interest is payable thereon, at a rate per annum
equal at all times to 2% per annum above the rate per annum required to be paid on such Competitive
Bid Advance under the terms of the Competitive Bid Note evidencing such Competitive Bid Advance
unless otherwise agreed in such Competitive Bid Note.

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(f) The indebtedness of any Borrower resulting from each Competitive Bid Advance made to such
Borrower as part of a Competitive Bid Borrowing shall be evidenced by a separate Competitive Bid
Note of such Borrower payable to the order of the Lender making such Competitive Bid Advance.

SECTION 2.04. Issuance of and Drawings and Reimbursement Under Letters of Credit.

 (a) Request for Issuance. (i) Each Letter of Credit shall be issued upon notice,
given not later than 11:00 A.M. (New York City time) on the fifth Business Day prior to the date of
the proposed issuance of such Letter of Credit, by any Borrower to any Issuing Bank, and such
Issuing Bank shall give the Agent, prompt notice thereof by telecopier. Each such notice of
issuance of a Letter of Credit (a “Notice of Issuance”) shall be by telecopier or other
method acceptable to the applicable Issuing Bank and the Borrower, confirmed immediately in
writing, specifying therein the requested (A) date of such issuance (which shall be a Business
Day), (B) Available Amount and currency of such Letter of Credit, (C) expiration date of such
Letter of Credit, (D) name and address of the beneficiary of such Letter of Credit and (E) form of
such Letter of Credit, and shall be accompanied by such application and agreement for letter of
credit as such Issuing Bank may reasonably specify to the Borrower requesting such Letter of Credit
for use in connection with such requested Letter of Credit (a “Letter of Credit
Agreement”). If the requested form of such Letter of Credit is acceptable to such Issuing Bank
in its sole discretion, such Issuing Bank will, upon fulfillment of the applicable conditions set
forth in Article III, make such Letter of Credit available to the Borrower requesting such Letter
of Credit at its office referred to in Section 9.02 or as otherwise agreed with the applicable
Borrower in connection with such issuance. In the event and to the extent that the provisions of
any Letter of Credit Agreement shall conflict with this Agreement, the provisions of this Agreement
shall govern.

(b) Participations. By the issuance of a Letter of Credit (or an amendment to a
Letter of Credit increasing the amount thereof) and without any further action on the part of the
applicable Issuing Bank or the Lenders, such Issuing Bank hereby grants to each Lender, and each
Lender hereby acquires from such Issuing Bank, a participation in such Letter of Credit equal to
such Lender’s Pro Rata Share of the aggregate amount available to be drawn under such Letter of
Credit. Each Borrower hereby agrees to each such participation. In consideration and in
furtherance of the foregoing, each Lender hereby absolutely and unconditionally agrees to pay to
the Agent, for the account of such Issuing Bank, such Lender’s Pro Rata Share of each drawing made
under a Letter of Credit funded by such Issuing Bank and not reimbursed by the Borrower requesting
such Letter of Credit on the date made, or of any reimbursement payment required to be refunded to
the Borrower requesting such Letter of Credit for any reason. Each Lender acknowledges and agrees
that its obligation to acquire participations pursuant to this paragraph in respect of Letters of
Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever,
including any amendment, renewal or extension of any Letter of Credit or the occurrence and
continuance of a Default or reduction or termination of the Revolving Credit Commitments, and that
each such payment shall be made without any offset, counterclaim, abatement, withholding or
reduction whatsoever. Notwithstanding the foregoing, no Lender shall have any obligation with
respect to any drawing under any Letter of Credit made after the Termination Date applicable to
such Lender.

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(c) Drawing and Reimbursement. Whenever a Letter of Credit is drawn, the Borrower
that has requested such Letter of Credit shall immediately reimburse the Issuing Bank of such
Letter of Credit for the amount drawn. In the event that the amount drawn is not reimbursed within
one (1) Business Day of the drawing of such Letter of Credit, such Borrower shall be deemed to have
requested a Revolving Credit Advance in the amount drawn, in accordance with the provisions set
forth in Section 2.01, which, in the case of a Letter of Credit denominated in Dollars, shall be a
Base Rate Advance in the amount of such draft or, in the case of a Letter of Credit denominated in
a Committed Currency, shall constitute a Base Rate Advance in the amount equal to the Equivalent of
such drawing in Dollars on the date of such drawing. Upon written demand by such Issuing Bank,
with a copy of such demand to the Agent, each Lender shall pay to the Agent such Lender’s Pro Rata
Share of such outstanding Revolving Credit Advance, by making available for the account of its
Applicable Lending Office to the Agent for the account of such Issuing Bank, by deposit to the
Agent’s Account, in same day funds, an amount equal to the portion of the outstanding principal
amount of such Revolving Credit Advance to be funded by such Lender. Promptly after receipt
thereof, the Agent shall transfer such funds to such Issuing Bank. Each Lender agrees to fund its
Pro Rata Share of an outstanding Revolving Credit Advance on (i) the Business Day on which demand
therefor is made by such Issuing Bank, provided that notice of such demand is given not
later than 11:00 A.M. (New York City time) on such Business Day, or (ii) the first Business Day
next succeeding such demand if notice of such demand is given after such time. If and to the
extent that any Lender shall not have so made the amount of such Revolving Credit Advance available
to the Agent, such Lender agrees to pay to the Agent forthwith on demand such amount together with
interest thereon, for each day from the date of demand by any such Issuing Bank until the date such
amount is paid to the Agent, at the Federal Funds Rate for its account or the account of such
Issuing Bank, as applicable. If such Lender shall pay to the Agent such amount for the account of
any such Issuing Bank on any Business Day, such amount so paid in respect of principal shall
constitute a Revolving Credit Advance made by such Lender on such Business Day for purposes of this
Agreement, and the outstanding principal amount of the Revolving Credit Advance made by such
Issuing Bank shall be reduced by such amount on such Business Day. Notwithstanding the foregoing,
no Lender shall have any obligation with respect to any drawing under any Letter of Credit made
after the Termination Date applicable to such Lender.

(d) Letter of Credit Reports. Each Issuing Bank shall furnish (A) to the Agent on the
first Business Day of each week a written report summarizing issuance and expiration dates of
Letters of Credit issued during the previous week and drawings during such week under all Letters
of Credit, (B) to each Lender on the first Business Day of each month a written report summarizing
issuance and expiration dates of Letters of Credit during the preceding month and drawings during
such month under all Letters of Credit and (C) to the Agent and each Lender on the first Business
Day of each calendar quarter a written report setting forth the average daily aggregate Available
Amount during the preceding calendar quarter of all Letters of Credit.

(e) Failure to Make Revolving Credit Advances. The failure of any Lender to make the
Revolving Credit Advance to be made by it on the date specified in Section 2.04(c) shall not
relieve any other Lender of its obligation hereunder to make its Revolving Credit Advance on such
date, but no Lender shall be responsible for the failure of any other Lender to make the Revolving
Credit Advance to be made by such other Lender on such date.

(f) Cash Collateralization of Certain Letters of Credit. Any Issuing Bank may, in its
sole discretion, issue one or more Letters of Credit hereunder, with expiry dates that would occur
after the Termination Date, based upon the applicable Borrower’s agreement to fully Cash
Collateralize the L/C Obligations relating to such Letters of Credit on the date that is ten
Business Days before the Termination Date (the “Cash Collateral Trigger Date”), which each
Borrower hereby agrees to do pursuant to terms consistent with those set forth in Section 6.02. If
the applicable Borrower fails to fully Cash Collateralize
the outstanding L/C Obligations on the Cash Collateral Trigger Date, each outstanding Letter
of Credit shall automatically be deemed to be drawn in full on such date, and the applicable
Borrower shall be deemed to have requested a Revolving Credit Advance in the amount deemed drawn,
in accordance with the provisions set forth in Section 2.01, which, in the case of a Letter of
Credit denominated in Dollars, shall be a Base Rate Advance in the amount of such draft or, in the
case of a Letter of Credit denominated in a Committed Currency, shall constitute a Base Rate
Advance in the amount equal to the Equivalent of such drawing in Dollars on the date of such
drawing, in each case to be funded by the applicable Issuing Bank and the Lenders in accordance
with the terms of Section 2.04(c) to reimburse such deemed drawing (with the proceeds of such Base
Rate Advance being used to Cash Collateralize outstanding L/C Obligations pursuant to terms
consistent with those set forth in Section 6.02). No Lender shall have any obligation with respect
to any drawing under any Letter of Credit made after the Termination Date applicable to such
Lender.

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SECTION 2.05. Fees. (a) Facility Fee. The Company agrees to pay to the
Agent for the account of each Lender (other than the Designated Bidders) a facility fee on the
aggregate amount of such Lender’s Revolving Credit Commitment in effect from time to time from the
date hereof until the Termination Date at a rate per annum equal to the Applicable Percentage in
effect from time to time, payable in arrears quarterly on the last day of each March, June,
September and December, commencing June 30, 2011 and on the Termination Date, provided that
no Defaulting Lender shall be entitled to receive any facility fee except in respect of its
outstanding Revolving Credit Advances for any period during which that Lender is a Defaulting
Lender (and the Company shall not be required to pay such fee that otherwise would have been
required to have been paid to that Defaulting Lender). The Agent agrees to use reasonable efforts
to invoice the facility fee for each quarter five Business Days prior to the last day of such
quarter.

(b) Letter of Credit Fees (i) The Company shall pay to the Agent for the account of
each Lender a commission on such Lender’s Pro Rata Share of the average daily aggregate Available
Amount of all Letters of Credit outstanding from time to time at a rate per annum equal to the
Applicable Margin for Eurocurrency Rate Advances in effect from time to time, payable in arrears
quarterly on the last day of each March, June, September and December, commencing June 30, 2011,
and on the Termination Date, and after the final Termination Date payable upon demand;
provided that the Applicable Margin shall increase by 2% upon the occurrence and during the
continuation of an Event of Default if any Borrower is required to pay default interest pursuant to
Section 2.08(b), unless the Company shall have provided Cash Collateral in accordance with Section
6.02 in an amount equal to the aggregate Available Amount of all Letters of Credit then
outstanding; provided, further, that (i) to the extent that all or a portion of the
Fronting Exposure in respect of any Defaulting Lender is reallocated to the Non-Defaulting Lenders
pursuant to Section 2.21(a), such fees that would have accrued for the benefit of such Defaulting
Lender will instead accrue for the benefit of and be payable to such Non-Defaulting Lenders,
pro rata in accordance with their respective Commitments, and (ii) to the extent
that all or any portion of such Fronting Exposure cannot be so reallocated, such fees will instead
accrue for the benefit of and be payable to the respective Issuing Banks ratably according to the
outstanding Letters of Credit issued by each Issuing Bank.

(ii) The Company shall pay to each Issuing Bank, for its own account, such commissions,
issuance fees, fronting fees, transfer fees and other fees and charges in connection with the
issuance or administration of each Letter of Credit as the Company and such Issuing Bank shall
agree.

(d) Agent’s Fees. The Company shall pay to the Agent for its own account such fees as
may from time to time be agreed between the Company and the Agent.

SECTION 2.06. Optional Termination or Reduction of the Commitments. The Company
shall have the right, upon at least three Business Days’ notice to the Agent, to terminate in whole
or permanently reduce ratably in part the unused portions of the respective Commitments of the
Lenders, provided that each partial reduction shall be in the aggregate amount of
$5,000,000 or an integral multiple of $1,000,000 in excess thereof and provided
 further that the aggregate amount of the Commitments of the Lenders shall not be reduced to
an amount that is less than the aggregate principal amount of the Competitive Bid Advances
denominated in Dollars then outstanding plus the Equivalent in Dollars (determined as of the date
of the notice of prepayment) of the aggregate principal amount of the Competitive Bid Advances
denominated in Foreign Currencies then outstanding.

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SECTION 2.07. Repayment of Revolving Credit Advances. (a) Each Borrower shall repay
to the Agent for the ratable account of the Lenders on the Termination Date the aggregate principal
amount of the Revolving Credit Advances made to such Borrower then outstanding.

(b) The obligations of the Borrowers under this Agreement, any Letter of Credit Agreement and
any other agreement or instrument relating to any Letter of Credit shall be unconditional and
irrevocable, and shall be paid strictly in accordance with the terms of this Agreement, such Letter
of Credit Agreement and such other agreement or instrument under all circumstances, including,
without limitation, the following circumstances (it being understood that any such payment by any
Borrower is without prejudice to, and does not constitute a waiver of, any rights such Borrower
might have or might acquire under Section 9.13 or as a result of the payment by any Lender of any
draft or the reimbursement by such Borrower thereof):

(i) any lack of validity or enforceability of this Agreement, any Note, any Letter of
Credit Agreement, any Letter of Credit or any other agreement or instrument relating thereto
(all of the foregoing being, collectively, the “L/C Related Documents”);

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

(iii) the existence of any claim, set-off, defense or other right that such Borrower
may have at any time against any beneficiary or any transferee of a Letter of Credit (or any
Persons for which any such beneficiary or any such transferee may be acting), any Issuing
Bank, any Agent, any Lender or any other Person, whether in connection with the transactions
contemplated by the L/C Related Documents or any unrelated transaction;

(iv) any statement or any other document presented under a 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;

(v) payment by any Issuing Bank under a Letter of Credit against presentation of a
draft or certificate that does not strictly comply with the terms of such Letter of Credit;

(vi) any exchange, release or non-perfection of any collateral, or any release or
amendment or waiver of or consent to departure from any guarantee, for all or any of the
obligations of such Borrower in respect of the L/C Related Documents; or

(vii) any other circumstance or happening whatsoever, whether or not similar to any of
the foregoing, including, without limitation, any other circumstance that might otherwise
constitute a defense available to, or a discharge of, such Borrower or a guarantor.

SECTION 2.08. Interest on Revolving Credit Advances. (a) Scheduled
Interest. Each Borrower shall pay interest on the unpaid principal amount of each Revolving
Credit Advance owing by such Borrower to each Lender from the date of such Revolving Credit Advance
until such principal amount shall be paid in full, at the following rates per annum:

(i) Base Rate Advances. During such periods as such Revolving Credit Advance
is a Base Rate Advance, a rate per annum equal at all times to the sum of (x) the Base Rate
in effect from time to time plus (y) the Applicable Margin in effect from time to
time, payable in arrears quarterly on the last day of each March, June, September and
December during such periods and on the date such Base Rate Advance shall be Converted or
paid in full.

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(ii) Eurocurrency Rate Advances. During such periods as such Revolving Credit
Advance is a Eurocurrency Rate Advance, a rate per annum equal at all times during each
Interest Period for such Revolving Credit Advance to the sum of (x) the Eurocurrency Rate
for such Interest Period for such Revolving Credit Advance plus (y) the Applicable
Margin in effect from time to time, payable in arrears on the last day of such Interest
Period and, if such Interest Period has a duration of more than three months, on each day
that occurs during such Interest Period every three months from the first day of such
Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in
full.

(b) Default Interest. Upon the occurrence and during the continuance of an Event of
Default under Section 6.01(a), the Agent may, and upon the request of the Required Lenders shall,
require each Borrower to pay interest (“Default Interest”) on (i) the unpaid principal
amount of each Revolving Credit Advance owing by such Borrower to each Lender, payable in arrears
on the dates referred to in clause (a)(i) or (a)(ii) above, at a rate per annum equal at all times
to 2% per annum above the rate per annum required to be paid on such Revolving Credit Advance
pursuant to clause (a)(i) or (a)(ii) above and (ii) to the fullest extent permitted by law, the
amount of any interest or fee payable hereunder that is not paid when due, from the date such
amount shall be due until such amount shall be paid in full, payable in arrears on the date such
amount shall be paid in full and on demand, at a rate per annum equal at all times to 2% per annum
above the rate per annum required to be paid on Base Rate Advances pursuant to clause (a)(i) above;
provided, however, that following acceleration of the Advances pursuant to Section
6.01, Default Interest shall accrue and be payable hereunder whether or not previously required by
the Agent.

SECTION 2.09. Interest Rate Determination. (a) Each Reference Bank agrees to
furnish to the Agent timely information for the purpose of determining each Eurocurrency Rate and
each LIBO Rate. If any one or more of the Reference Banks shall not furnish such timely
information to the Agent for the purpose of determining any such interest rate, the Agent shall
determine such interest rate on the basis of timely information furnished by the remaining
Reference Banks. The Agent shall give prompt notice to the Company and the Lenders of the
applicable interest rate determined by the Agent for purposes of Section 2.08(a)(i) or (ii), and
the rate, if any, furnished by each Reference Bank for the purpose of determining the interest rate
under Section 2.08(a)(ii).

(b) If, with respect to any Eurocurrency Rate Advances, the Required Lenders notify the Agent
that (i) they are unable to obtain matching deposits in the London inter-bank market at or about
11:00 A.M. (London time) on the second Business Day before the making of a Borrowing in
sufficient amounts to fund their respective Revolving Credit Advances as a part of such Borrowing
during its Interest Period or (ii) the Eurocurrency Rate for any Interest Period for such Advances
will not adequately reflect the cost to such Required Lenders of making, funding or maintaining
their respective Eurocurrency Rate Advances for such Interest Period, the Agent shall forthwith so
notify the applicable Borrower and the Lenders, whereupon (A) such Borrower will, on the last day
of the then existing Interest Period therefor, (1) if such Eurocurrency Rate Advances are
denominated in Dollars, either (x) prepay such Advances or (y) Convert such Advances into Base Rate
Advances and (2) if such Eurocurrency Rate Advances are denominated in any Committed Currency,
either (x) prepay such Advances or (y) exchange such Advances into an Equivalent amount of Dollars
and Convert such Advances into Base Rate Advances and (B) the obligation of the Lenders to make, or
to Convert Revolving Credit Advances into, Eurocurrency Rate Advances shall be suspended until the
Agent shall notify the Borrowers and the Lenders that the circumstances causing such suspension no
longer exist; provided that, if the circumstances set forth in clause (ii) above are
applicable, the applicable Borrower may elect, by notice to the Agent and the Lenders, to continue
such Advances in such Committed Currency for Interest Periods of not longer than one month, which
Advances shall thereafter bear interest at a rate per annum equal to the Applicable Margin plus,
for each Lender, the cost to such Lender (expressed as a rate per annum) of funding its
Eurocurrency Rate Advances by whatever means it reasonably determines to be appropriate. Each
Lender shall certify its cost of funds for each Interest Period to the Agent and the Company as
soon as practicable (but in any event not later than ten Business Days after the first day of such
Interest Period).

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(c) If any Borrower shall fail to select the duration of any Interest Period for any
Eurocurrency Rate Advances in accordance with the provisions contained in the definition of
“Interest Period” in Section 1.01, the Agent will forthwith so notify such Borrower and the Lenders
and such Advances will automatically, on the last day of the then existing Interest Period
therefor, (i) if such Eurocurrency Rate Advances are denominated in Dollars, Convert into Base Rate
Advances and (ii) if such Eurocurrency Rate Advances are denominated in a Committed Currency, be
exchanged for an Equivalent amount of Dollars and Convert into Base Rate Advances.

(d) On the date on which the aggregate unpaid principal amount of Eurocurrency Rate Advances
comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than the
Revolving Credit Borrowing Minimum, such Advances shall automatically Convert into Base Rate
Advances.

(e) Upon the occurrence and during the continuance of any Event of Default under Section
6.01(a), (i) each Eurocurrency Rate Advance will automatically, on the last day of the then
existing Interest Period therefor, (A) if such Eurocurrency Rate Advances are denominated in
Dollars, be Converted into Base Rate Advances and (B) if such Eurocurrency Rate Advances are
denominated in any Committed Currency, be exchanged for an Equivalent amount of Dollars and be
Converted into Base Rate Advances and (ii) the obligation of the Lenders to make, or to Convert
Advances into, Eurocurrency Rate Advances shall be suspended; provided that the applicable
Borrower may elect, by notice to the Agent and the Lenders within one Business Day of such Event of
Default, to continue such Advances in such Committed Currency, whereupon the Agent may require that
each Interest Period relating to such Eurocurrency Rate Advances shall bear interest at the
Overnight Eurocurrency Rate for a period of three Business Days and thereafter, each such Interest
Period shall have a duration of not longer than one month. “Overnight Eurocurrency Rate”
means the rate per annum applicable to an overnight period beginning on one Business Day and ending
on the next Business Day equal to the sum of 1%, the Applicable Interest Rate Margin and the
average, rounded upward to the nearest whole multiple of 1/100 of 1%, if such average is not such a
multiple, of the respective rates per annum quoted by each Reference Bank to the Agent on request
as the rate at which it is offering overnight deposits in the relevant currency in amounts
comparable to such Reference Bank’s Eurocurrency Rate Advances.

(f) (i) If Reuters LIBOR01 Page or Page 248 is unavailable, the Agent shall consult any
similar nationally recognized company or service that provides rate quotations comparable to those
currently provided by Reuters that is reasonably available to the Agent;

(ii) if, notwithstanding the foregoing, the Agent is unable to determine the Eurocurrency Rate
or LIBO Rate, then,

(A) the Agent shall forthwith notify the applicable Borrower and the Lenders that the
interest rate cannot be determined for such Eurocurrency Rate Advances or LIBO Rate
Advances, as the case may be,

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(B) with respect to Eurocurrency Rate Advances, each such Advance will automatically,
on the last day of the then existing Interest Period therefor, (1) if such Eurocurrency Rate
Advance is denominated in Dollars, Convert into a Base Rate Advance and (2) if such
Eurocurrency Rate Advance is denominated in any Committed Currency, be prepaid by the
applicable Borrower or be automatically exchanged for an Equivalent amount of Dollars and be
Converted into a Base Rate Advance (or if such Advance is then a Base Rate Advance, will
continue as a Base Rate Advance), and

(C) the obligation of the Lenders to make Eurocurrency Rate Advances or LIBO Rate
Advances or to Convert Revolving Credit Advances into Eurocurrency Rate Advances shall be
suspended until the Agent shall notify the Borrowers and the Lenders that the circumstances
causing such suspension no longer exist.

SECTION 2.10. Optional Conversion of Revolving Credit Advances. The Company may on
any Business Day, upon notice given to the Agent not later than 11:00 A.M. (New York City time) on
the third Business Day prior to the date of the proposed Conversion and subject to the provisions
of Sections 2.09 and 2.13, Convert all Revolving Credit Advances denominated in Dollars of one Type
comprising the same Borrowing into Revolving Credit Advances denominated in Dollars of the other
Type; provided, however, that any Conversion of Eurocurrency Rate Advances into
Base Rate Advances shall be made only on the last day of an Interest Period for such Eurocurrency
Rate Advances, any Conversion of Base Rate Advances into Eurocurrency Rate Advances shall be in an
amount not less than the minimum amount specified in Section 2.02(b) and no Conversion of any
Revolving Credit Advances shall result in more separate Revolving Credit Borrowings than permitted
under Section 2.02(b). Each such notice of a Conversion shall, within the restrictions specified
above, specify (i) the date of such Conversion, (ii) the Dollar denominated Revolving Credit
Advances to be Converted, and (iii) if such Conversion is into Eurocurrency Rate Advances, the
duration of the initial Interest Period for each such Advance. Each notice of Conversion shall be
irrevocable and binding on the Borrower requesting such Conversion.

SECTION 2.11. Prepayments of Revolving Credit Advances. (a) Optional. Each
Borrower may, upon notice at least three Business Days prior to the date of such prepayment, in the
case of Eurocurrency Rate Advances, and not later than 11:00 A.M. (New York City time) on the date
of such prepayment, in the case of Base Rate Advances, to the Agent stating the proposed date and
aggregate principal amount of the prepayment, and if such notice is given such Borrower shall,
prepay the outstanding principal amount of the Revolving Credit Advances comprising part of the
same Revolving Credit Borrowing in whole or ratably in part, together with accrued interest to the
date of such prepayment on the principal amount prepaid; provided, however, that
(x) each partial prepayment shall be in an aggregate principal amount of not less than the
Revolving Credit Borrowing Minimum or a Revolving Credit Borrowing Multiple in excess thereof and
(y) in the event of any such prepayment of a Eurocurrency Rate Advance, the applicable
Borrower shall be obligated to reimburse the Lenders in respect thereof pursuant to Section
9.04(c).

(b) Mandatory. (i) If, on any date, the Agent notifies the Company that, on any
interest payment date, the sum of (A) the aggregate principal amount of all Advances denominated in
Dollars then outstanding plus (B) the Equivalent in Dollars (determined on the third Business Day
prior to such interest payment date) of the aggregate principal amount of all Advances denominated
in Foreign Currencies then outstanding plus (C) the aggregate Available Amount of all Letters of
Credit outstanding (measured, in the case of Letters of Credit denominated in any Committed
Currency, as the Equivalent in Dollars determined on the third Business Day prior to such interest
payment date) exceeds 105% of the aggregate Commitments of the Lenders on such date, the Company
and, if applicable, each other Borrower shall, as soon as practicable and in any event within two
Business Days after receipt of such notice, prepay the outstanding principal amount of any Advances
owing by the Borrowers in an aggregate amount sufficient to reduce such sum to an amount not to
exceed 100% of the aggregate Commitments of the Lenders on such date together with any interest
accrued to the date of such prepayment on the aggregate principal amount of Advances prepaid;
provided, that if Company has Cash Collateralized Letters of Credit in accordance with
Section 2.21(a), the Available Amount of the outstanding Letters of Credit shall be deemed to have
been reduced by the amount of such Cash Collateral. The Agent shall give prompt notice of any
prepayment required under this Section 2.11(b) to the Company and the Lenders, and shall provide
prompt notice to the Company and each other Borrower of any such notice of required prepayment
received by it from any Lender.

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(ii) The Company shall provide the Lenders with written notice (a “Change in Control
Notice”) within five Business Days of the occurrence of any Change of Control and, upon the
written demand (a “Prepayment Demand”) of the Agent, acting at the direction of the
Required Lenders, made any time within thirty days after receipt by the Agent of the Change in
Control Notice, the Company and, if applicable, each other Borrower shall, within forty-five
Business Days after receipt of such Prepayment Demand (unless prior to the expiration of such time
period the event that gave rise to such Change of Control shall no longer exist or shall have been
otherwise cured or rescinded), prepay the outstanding principal amount of all Revolving Credit
Advances and Competitive Bid Advances and all accrued and unpaid interest thereon, together with
all other amounts owing by the Borrowers under this Agreement, and terminate the Commitments
pursuant to Section 2.06 hereof.

(iii) Each prepayment made pursuant to this Section 2.11(b) shall be made together with any
interest accrued to the date of such prepayment on the principal amounts prepaid and, in the case
of any prepayment of a Eurocurrency Rate Advance, a LIBO Rate Advance or a Local Rate Advance on a
date other than the last day of an Interest Period or at its maturity, any additional amounts which
the applicable Borrower shall be obligated to reimburse to the Lenders in respect thereof pursuant
to Section 9.04(c). The Agent shall give prompt notice of any prepayment required under this
Section 2.11(b) to the Borrowers and the Lenders.

SECTION 2.12. Increased Costs; Reserve Percentages. a) If, due to either (i) the
introduction of or any change in or in the interpretation of any law or regulation or (ii) the
compliance with any guideline or request from any central bank or other governmental authority
enacted or imposed after the Effective Date (and not already accounted for pursuant to subsection
(c) below) including, without limitation, any agency of the European Union or similar monetary or
multinational authority (whether or not having the force of law), there shall be any increase in
the cost to any Lender of agreeing to make or making, funding or maintaining Eurocurrency Rate
Advances or LIBO Rate Advances or of agreeing to issue or of issuing or maintaining or
participating in Letters of Credit (excluding for purposes of this Section 2.12 any such increased
costs resulting from (i) Taxes or Other Taxes (as to which Section 2.15 shall govern), (ii) changes
in the basis of taxation of, or the imposition or change in the rate of any tax measured by, net income,
gross income, capital or assets by the United States or by the foreign jurisdiction or state under
the laws of which such Lender is organized or in which it is doing business or has its Applicable
Lending Office or any political subdivision thereof and (iii) FATCA), then the Company shall from
time to time, upon demand by such Lender (with a copy of such demand to the Agent), pay to the
Agent for the account of such Lender additional amounts sufficient to compensate such Lender for
such increased cost; provided, however, that before making any such demand, each
Lender agrees to use reasonable efforts (consistent with its internal policy and legal and
regulatory restrictions) to designate a different Applicable Lending Office if the making of such a
designation would avoid the need for, or reduce the amount of, such increased cost and would not,
in the reasonable judgment of such Lender, be otherwise disadvantageous to such Lender. A
certificate as to the amount of such increased cost, submitted to the Company and the Agent by such
Lender, shall be conclusive and binding for all purposes, absent manifest error.

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(b) If any Lender determines that compliance with any law or regulation or any guideline or
request from any central bank or other governmental authority (whether or not having the force of
law) affects or would affect the amount of capital or liquidity required or expected to be
maintained by such Lender or any corporation controlling such Lender and that the amount of such
capital or liquidity is increased by or based upon the existence of such Lender’s commitment to
lend or to issue or participate in Letters of Credit hereunder and other commitments of such type
or the issuance or maintenance of or participation in the Letters of Credit (or similar contingent
obligations), then, upon demand by such Lender (with a copy of such demand to the Agent), the
Company shall pay to the Agent for the account of such Lender, from time to time as specified by
such Lender, additional amounts sufficient to compensate such Lender or such corporation in the
light of such circumstances, to the extent that such Lender reasonably determines such increase in
capital or liquidity to be allocable to the existence of such Lender’s commitment to lend or to
issue or participate in Letters of Credit hereunder. For the avoidance of doubt, this Section
2.12(b) shall apply to all requests, rules, guidelines or directives concerning capital adequacy
or liquidity position (x) issued in connection with the Dodd-Frank Wall Street Reform and Consumer
Protection Act and (y) promulgated by the Bank for International Settlements, the Basel Committee
on Banking Supervision (or any successor or similar authority) or the United States or foreign
regulatory authorities, in each case pursuant to Basel III, regardless of the date enacted, adopted
or issued. A certificate as to such amounts submitted to the Company and the Agent by such Lender
shall be conclusive and binding for all purposes, absent manifest error.

(c) If, at any time, the Eurocurrency Rate Reserve Percentage applicable to any Lender shall
increase the cost (whether by incurring a cost or adding to a cost) to such Lender of making or
maintaining hereunder any Eurocurrency Rate Advance or LIBO Rate Advance or to reduce the amount of
principal or interest received by such Lender with respect to such Advance, then, upon demand by
such Lender, the applicable Borrower shall pay to such Lender from time to time on the last day of
the Interest Period with respect to such Advance, as additional consideration hereunder, additional
amounts sufficient to fully compensate and indemnify such Lender for such increased cost or reduced
amount, so long as such additional cost or reduced amount is allocable to such Advance. A
certificate as to such amounts submitted to the Company and the Agent by such Lender shall be
conclusive and binding for all purposes, absent manifest error. Each Lender shall notify the
Company as promptly as practicable (with a copy thereof delivered to the Agent) of the existence of
any event that will likely require the payment by any Borrower of any such additional amount under
this Section.

(d) Failure or delay on the part of any Lender to demand compensation pursuant to this Section
2.12 shall not constitute a waiver of such Lender’s right to demand such compensation;
provided that no Borrower shall be required to compensate a Lender pursuant to this Section
2.12 for any increased costs or reductions incurred more than 180 days prior to the date that such
Lender notifies such Borrower of the change giving rise to such increased costs or reductions and
of such Lender’s intention to
claim compensation therefor; provided further that, if the change giving rise
to such increased costs or reductions is retroactive, then the 180-day period referred to above
shall be deemed to include the period of retroactive effect thereof.

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SECTION 2.13. Illegality. Notwithstanding any other provision of this Agreement, if
any Lender shall notify the Agent that the introduction of or any change in or in the
interpretation of any law or regulation makes it unlawful, or any central bank or other
governmental authority asserts that it is unlawful, for any Lender or its Eurocurrency Lending
Office to perform its obligations hereunder to make Eurocurrency Rate Advances or LIBO Rate
Advances in Dollars or any Committed Currency or LIBO Rate Advances in Dollars or any Foreign
Currency or to fund or maintain Eurocurrency Rate Advances in Dollars or any Committed Currency or
LIBO Rate Advances in Dollars or any Foreign Currency hereunder, (a) each Eurocurrency Rate Advance
or LIBO Rate Advance, as the case may be, will automatically, upon such demand, Convert into a Base
Rate Advance or an Advance that bears interest at the rate set forth in Section 2.08(a)(i), as the
case may be, (i) if such Eurocurrency Rate Advance or LIBO Rate Advance is denominated in Dollars,
be Converted into a Base Rate Advance or an Advance that bears interest at the rate set forth in
Section 2.08(a)(i), as the case may be, and (ii) if such Eurocurrency Rate Advance or LIBO Rate
Advance is denominated in any Foreign Currency, be exchanged into an Equivalent amount of Dollars
and be Converted into a Base Rate Advance or an Advance that bears interest at the rate set forth
in Section 2.08(a)(i), as the case may be, and (b) the obligation of the Lenders to make
Eurocurrency Rate Advances or LIBO Rate Advances or to Convert Revolving Credit Advances into
Eurocurrency Rate Advances shall be suspended until the Agent shall notify the Company and the
Lenders that the circumstances causing such suspension no longer exist; provided,
however, that before making any such demand, each Lender agrees to use reasonable efforts
(consistent with its internal policy and legal and regulatory restrictions) to designate a
different Eurocurrency Lending Office if the making of such a designation would allow such Lender
or its Eurocurrency Lending Office to continue to perform its obligations to make Eurocurrency Rate
Advances or to continue to fund or maintain Eurocurrency Rate Advances and would not, in the
judgment of such Lender, be otherwise disadvantageous to such Lender.

SECTION 2.14. Payments and Computations. (a) Each Borrower shall make each payment
hereunder, irrespective of any right of counterclaim or set-off hereunder with respect to principal
of, interest on, and other amounts relating to, Advances denominated in Dollars, not later than
11:00 A.M. (New York City time) on the day when due in Dollars to the Agent at the applicable
Agent’s Account in same day funds. Each Borrower shall make each payment, irrespective of any
right of counterclaim or set-off hereunder with respect to principal of, interest on, and other
amounts relating to, Advances denominated in a Foreign Currency, not later than 11:00 A.M. (at the
Payment Office for such Foreign Currency) on the day when due in such Foreign Currency to the
Agent, by deposit of such funds to the applicable Agent’s Account in same day funds. The Agent
will promptly thereafter cause to be distributed like funds relating to the payment of principal,
interest, facility fees or letter of credit commissions ratably (other than amounts payable
pursuant to Section 2.03, 2.12, 2.15 or 9.04(c)) to the Lenders for the account of their respective
Applicable Lending Offices, and like funds relating to the payment of any other amount payable to
any Lender to such Lender for the account of its Applicable Lending Office, in each case to be
applied in accordance with the terms of this Agreement. Upon any Assuming Lender becoming a Lender
hereunder as a result of a Commitment Increase pursuant to Section 2.19 or an extension of the
Termination Date pursuant to Section 2.20, and upon the Agent’s receipt of such Lender’s Assumption
Agreement and recording of the information contained therein in the Register, from and after the
applicable Increase Date or Extension Date, as the case may be, the Agent shall make all payments
hereunder and under any Notes issued in connection therewith in respect of the interest assumed
thereby to the Assuming Lender. Upon its acceptance of an Assignment and Assumption and recording
of the information contained therein in the Register pursuant to Section 9.06(c), from and after
the effective date specified in such Assignment and
Assumption, the Agent shall make all payments hereunder and under the Notes in respect of the
interest assigned thereby to the Lender assignee thereunder, and the parties to such Assignment and
Assumption shall make all appropriate adjustments in such payments for periods prior to such
effective date directly between themselves.

(b) Each Borrower hereby authorizes each Lender, if and to the extent payment owed to such
Lender is not made when due hereunder or under the Note held by such Lender, to charge from time to
time against any or all of such Borrower’s accounts with such Lender any amount so due.

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(c) All computations of interest based on the Base Rate calculated in accordance with clause
(a) of the definition thereof shall be made by the Agent on the basis of a year of 365 or 366 days,
as the case may be, all computations of interest based on the Eurocurrency Rate, the Base Rate
calculated in accordance with clause (b) or (c) of the definition thereof or the Federal Funds Rate
and of facility fees and letter of credit commissions shall be made by the Agent on the basis of a
year of 360 days and computations in respect of Competitive Bid Advances shall be made by the Agent
or the Sub-Agent, as the case may be, as specified in the applicable Notice of Competitive Bid
Borrowing (or, in each case of Advances denominated in Foreign Currencies where market practice
differs, in accordance with market practice), in each case for the actual number of days (including
the first day but excluding the last day) occurring in the period for which such interest, facility
fees or letter of credit commissions are payable. Each determination by the Agent of an interest
rate hereunder shall be conclusive and binding for all purposes, absent manifest error.

(d) Whenever any payment hereunder or under the Notes shall be stated to be due on a day other
than a Business Day, such payment shall be made on the next succeeding Business Day, and such
extension of time shall in such case be included in the computation of payment of interest,
facility fee or letter of credit commission, as the case may be; provided, however,
that, if such extension would cause payment of interest on or principal of Eurocurrency Rate
Advances or LIBO Rate Advances to be made in the next following calendar month, such payment shall
be made on the next preceding Business Day.

(e) Unless the Agent shall have received notice from any Borrower prior to the date on which
any payment is due to the Lenders hereunder that such Borrower will not make such payment in full,
the Agent may assume that such Borrower has made such payment in full to the Agent on such date and
the Agent may, in reliance upon such assumption, cause to be distributed to each Lender on such due
date an amount equal to the amount then due such Lender. If and to the extent such Borrower shall
not have so made such payment in full to the Agent, each Lender shall repay to the Agent forthwith
on demand such amount distributed to such Lender together with interest thereon, for each day from
the date such amount is distributed to such Lender until the date such Lender repays such amount to
the Agent, at (i) the Federal Funds Rate in the case of Advances denominated in Dollars or (ii) the
cost of funds incurred by the Agent in respect of such amount in the case of Advances denominated
in Foreign Currencies.

(f) To the extent that the Agent receives funds for application to the amounts owing by any
Borrower under or in respect of this Agreement or any Note in currencies other than the currency or
currencies required to enable the Agent to distribute funds to the Lenders in accordance with the
terms of this Section 2.14, the Agent shall be entitled to convert or exchange such funds into
Dollars or into a Foreign Currency or from Dollars to a Foreign Currency or from a Foreign Currency
to Dollars, as the case may be, to the extent necessary to enable the Agent to distribute such
funds in accordance with the terms of this Section 2.14; provided that the Borrowers and
each of the Lenders hereby agree that the Agent shall not be liable or responsible for any loss,
cost or expense suffered by any Borrower or such Lender as a result of any conversion or exchange
of currencies affected pursuant to this Section 2.14(f) or
as a result of the failure of the Agent to effect any such conversion or exchange; and
provided further that the Company agrees to indemnify the Agent and each Lender,
and hold the Agent and each Lender harmless, for any and all reasonable losses, costs and expenses
incurred by the Agent or any Lender for any conversion or exchange of currencies (or the failure to
convert or exchange any currencies) in accordance with this Section 2.14(f).

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SECTION 2.15. Taxes. (a) Any and all payments by any Borrower to or for the account
of any Lender or the Agent hereunder or under the Notes shall be made, in accordance with Section
2.14 or the applicable provisions of such other documents, free and clear of and without deduction
for any and all present or future taxes, levies, imposts, deductions, charges or withholdings, and
all liabilities with respect thereto, excluding, in the case of each Lender and the Agent,
(A) taxes imposed on or measured by net income (including branch profits taxes or similar taxes),
and franchise taxes imposed on it in lieu of net income taxes, by the jurisdiction under the laws
of which such Lender or the Agent (as the case may be) is organized or in which it does business or
any political subdivision thereof and, in the case of each Lender, taxes imposed on net income, and
franchise taxes imposed on it in lieu of net income taxes, by the jurisdiction of such Lender’s
Applicable Lending Office or any political subdivision thereof, (B) United States withholding taxes
imposed under FATCA, (C) United States backup withholding tax, (D) any United States withholding
tax required to be deducted or withheld from any such payments pursuant to laws in force at the
time such Lender or Agent becomes a party hereto or designates a new Applicable Lending Office
(except, in the case of an assignment, to the extent that the assigning Lender was entitled to
payments under this subsection (a) in respect of United States withholding tax with respect to
interest paid at such time) and (E) any withholding tax required to be deducted or withheld from
any such payments as a result of such Lender’s or Agent’s failure to comply with Section 2.15(e)
(all such non-excluded taxes, levies, imposts, deductions, charges, withholdings and liabilities in
respect of payments hereunder or under the Notes being hereinafter referred to as “Taxes”).
If any Borrower shall be required by law to deduct any Taxes from or in respect of any sum payable
hereunder or under any Note or any other documents to be delivered hereunder to any Lender or the
Agent, (i) the sum payable shall be increased as may be necessary so that after making all such
required deductions (including such deductions applicable to additional sums payable under this
Section 2.15) such Lender or the Agent (as the case may be) receives an amount equal to the sum it
would have received had no such deductions been made, (ii) such Borrower shall make such deductions
and (iii) such Borrower shall pay the full amount deducted to the relevant taxation authority or
other authority in accordance with applicable law.

(b) In addition, each Borrower agrees to pay any present or future stamp or documentary taxes
or any other excise or property taxes, charges or similar levies that arise from any payment made
hereunder, under the Notes or under any other documents to be delivered hereunder or from the
execution, delivery or registration of, performing under, or otherwise with respect to, this
Agreement or the Notes or any other documents to be delivered hereunder, except for any such taxes
charges or levies imposed as a result of an assignment or participation of an interest thereunder
(hereinafter referred to as “Other Taxes”).

(c) Each Borrower shall indemnify each Lender and the Agent for and hold it harmless against
the full amount of Taxes or Other Taxes (including, without limitation, Taxes or Other Taxes
imposed or asserted on amounts payable under this Section 2.15) imposed on or paid by such Lender
or the Agent (as the case may be) and any liability (including penalties, interest and expenses)
arising therefrom or with respect thereto. This indemnification shall be made within 30 days from
the date such Lender or the Agent (as the case may be) makes written demand therefor which includes
reasonable detail regarding the amount and basis for the tax.

(d) Within 30 days after the date of any payment of Taxes and upon request, each Borrower
shall furnish to the Agent, at its address referred to in Section 9.02, the original or a certified
copy of a receipt evidencing such payment to the extent such a receipt is issued therefor, or other
written proof of payment thereof that is reasonably satisfactory to the Agent. For purposes of
this subsection (d) and subsection (e), the terms “United States” and “United States
person” shall have the meanings specified in Section 7701 of the Code.

(e) (i) Each Lender that is entitled to an exemption from or reduction of any withholding tax
with respect to payments hereunder or under the Notes shall deliver to the applicable Borrower
(with a copy to the Agent), upon being reasonably requested in writing by a Borrower or the Agent,
such properly completed and executed documentation prescribed by law as will permit such payments
to be made without withholding or at a reduced rate of withholding (provided such Lender is legally
able to do so). In addition, any Lender, if requested by any Borrower or the Agent, shall deliver
such other documentation prescribed by law or reasonably requested by such Borrower or the Agent as
will enable such Borrower or the Agent to determine whether or not such Lender is subject to backup
withholding or information reporting requirements. Each Lender shall promptly notify the Company
and the Agent of any change in circumstances which would modify or render invalid any claimed
exemption or reduction.

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(ii) Without limiting the generality of the foregoing,

(A) each Lender that is a United States person shall deliver to the Company and the
Agent executed originals of Internal Revenue Service Form W-9 or such other documentation or
information prescribed by applicable Laws or reasonably requested in writing by the Company
or the Agent as will enable the Company or the Agent, as the case may be, to determine
whether or not such Lender is subject to backup withholding or information reporting
requirements; and

(B) each Lender that is not a United States person that is entitled under the Code or
any applicable treaty to an exemption from or reduction of United States withholding tax
with respect to payments hereunder or under the Notes shall deliver to the Company and the
Agent (in such number of copies as shall be 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 upon the expiration, invalidity or obsolescence thereof or the request in writing
of the Company or the Agent, but only if such Lender is legally entitled to do so),
whichever of the following is applicable:

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

(II) duly completed and executed originals of Internal Revenue Service Form
W-8ECI,

(III) duly completed and executed originals of Internal Revenue Service Form
W-8IMY and all required supporting documentation,

(IV) in the case of a Lender claiming the benefits of the exemption for
portfolio interest under section 881(c) of the Code, (x) a certificate to the effect
that such Lender is not (A) a “bank” within the meaning of section 881(c)(3)(A) of
the Code, (B) a “10 percent shareholder” of any Borrower within the meaning of
section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation”
described in section 881(c)(3)(C) of
the Code and (y) duly completed and executed originals of Internal Revenue
Service Form W-8BEN, or

(V) duly completed and executed originals of any other form prescribed by
applicable law as a basis for claiming exemption from or a reduction in United
States withholding tax together with such supplementary documentation as may be
prescribed by applicable law to permit the Company and the Agent to determine the
withholding or deduction required to be made.

(iii) If a payment made to a Lender would be subject to United States withholding tax imposed
by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA
(including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender
shall deliver to the Company, at the time or times prescribed by law and at such time or times
reasonably requested in writing by the Company, such documentation prescribed by applicable law
(including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation
reasonably requested in writing by the Company as may be necessary for the Borrowers to comply with
their obligations under FATCA, to determine that such Lender has complied with such Lender’s
obligations under FATCA or to determine the amount to deduct and withhold from such payment.

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(f) Should a Lender become subject to Taxes because of its failure to deliver a form,
certificate or other document required hereunder, each Borrower shall take such steps as the Lender
shall reasonably request to assist the Lender to recover such Taxes.

(g) Any Lender claiming any additional amounts payable pursuant to this Section 2.15 agrees to
use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions)
to change the jurisdiction of its Eurocurrency Lending Office if the making of such a change would
avoid the need for, or reduce the amount of, any such additional amounts that may thereafter accrue
and would not, in the reasonable judgment of such Lender, be otherwise disadvantageous to such
Lender.

(h) If any Lender determines, in its reasonable judgment, that it has received a refund of any
Taxes or Other Taxes as to which it has been indemnified by a Borrower or with respect to which a
Borrower has paid amounts pursuant to this Section 2.15, it shall promptly pay over the
amount of such refund to such Borrower, net of all out-of-pocket expenses of such Lender (but
amounts hereby recovered by the Borrower shall not exceed the indemnity payments made, or the
amounts paid, as applicable, by such Borrower under this Section 2.15) and without interest
(other than any interest paid by the relevant governmental authority with respect to such refund or
credit); provided, however, that such Borrower, upon the request of such Lender,
agrees to repay the amount paid over to such Lender in the event such Lender is required to repay
such refund to such governmental authority. This Section 2.15(h) shall not be construed to require
any Lender to make available its tax returns (or any other information relating to its Taxes which
it deems confidential) to any Borrower or any other Person.

SECTION 2.16. Sharing of Payments, Etc. If any Lender shall obtain any payment
(whether voluntary, involuntary, through the exercise of any right of set-off, or otherwise) on
account of the Revolving Credit Advances owing to it (other than pursuant to Section 2.12, 2.15 or
9.04(c)) in excess of its ratable share of payments on account of the Revolving Credit Advances
obtained by all the Lenders, such Lender shall forthwith purchase from the other Lenders such
participations in the Revolving Credit Advances owing to them as shall be necessary to cause such
purchasing Lender to share the excess payment ratably with each of them; provided,
however, that if all or any portion of such excess payment is thereafter recovered from
such purchasing Lender, such purchase from each Lender shall be rescinded and such Lender shall
repay to the purchasing Lender the purchase price to the extent of such recovery together with an amount
equal to such Lender’s ratable share (according to the proportion of (i) the amount of such
Lender’s required repayment to (ii) the total amount so recovered from the purchasing Lender) of
any interest or other amount paid or payable by the purchasing Lender in respect of the total
amount so recovered. Each Borrower agrees that any Lender so purchasing a participation from
another Lender pursuant to this Section 2.16 may, to the fullest extent permitted by law, exercise
all its rights of payment (including the right of set-off) with respect to such participation as
fully as if such Lender were the direct creditor of such Borrower in the amount of such
participation.

SECTION 2.17. Evidence of Debt. (a) Each Lender shall maintain in accordance with
its usual practice an account or accounts evidencing the indebtedness of each Borrower to such
Lender resulting from each Revolving Credit Advance owing to such Lender from time to time,
including the amounts of principal and interest payable and paid to such Lender from time to time
hereunder in respect of Revolving Credit Advances. Each Borrower agrees that upon notice by any
Lender to such Borrower (with a copy of such notice to the Agent) to the effect that a Revolving
Credit Note is required or appropriate in order for such Lender to evidence (whether for purposes
of pledge, enforcement or otherwise) the Revolving Credit Advances owing to, or to be made by, such
Lender, such Borrower shall promptly execute and deliver to such Lender a Revolving Credit Note
payable to the order of such Lender in a principal amount up to the Revolving Credit Commitment of
such Lender.

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(b) The Register maintained by the Agent pursuant to Section 9.06(c) shall include a control
account, and a subsidiary account for each Lender, in which accounts (taken together) shall be
recorded (i) the date and amount of each Borrowing made hereunder, the Type of Advances comprising
such Borrowing and, if appropriate, the Interest Period applicable thereto, (ii) the terms of each
Assumption Agreement and each Assignment and Assumption delivered to and accepted by it, (iii) the
amount of any principal or interest due and payable or to become due and payable from each Borrower
to each Lender hereunder and (iv) the amount of any sum received by the Agent from each Borrower
hereunder and each Lender’s share thereof.

(c) Entries made in good faith by the Agent in the Register pursuant to subsection (b) above,
and by each Lender in its account or accounts pursuant to subsection (a) above, shall be
prima facie evidence of the amount of principal and interest due and payable or to
become due and payable from each Borrower to, in the case of the Register, each Lender and, in the
case of such account or accounts, such Lender, under this Agreement, absent manifest error;
provided, however, that the failure of the Agent or such Lender to make an entry,
or any finding that an entry is incorrect, in the Register or such account or accounts shall not
limit or otherwise affect the obligations of any Borrower under this Agreement.

SECTION 2.18. Use of Proceeds. The proceeds of the Advances and issuances of Letters
of Credit shall be available (and each Borrower agrees that it shall use such proceeds) solely for
general corporate purposes of the Company and its Subsidiaries.

SECTION 2.19. Increase in the Aggregate Commitments. (a) The Company may, at any
time, by notice to the Agent, request that the aggregate amount of the Commitment be increased by
an amount of $25,000,000 or an integral thereof (each a “Commitment Increase”) to be
effective as of a date that is at least 90 days prior to the scheduled Termination Date then in
effect (the “Increase Date”) as specified in the related notice to the Agent;
provided, however that (i) in no event shall the aggregate amount of the
Commitments at any time exceed $850,000,000 and (ii) on the date of any request by the Company for
a Commitment Increase and on the related Increase Date the applicable conditions set forth in
Section 3.03 shall be satisfied.

(b) The Agent shall promptly notify the Lenders of a request by the Company for a Commitment
Increase, which notice shall include (i) the proposed amount of such requested Commitment Increase,
(ii) the proposed Increase Date and (iii) the date by which Lenders wishing to participate in the
Commitment Increase must commit to an increase in the amount of their respective Commitments (the
“Commitment Date”). Each Lender that is willing to participate in such requested
Commitment Increase (each an “Increasing Lender”) shall, in its sole discretion, give
written notice to the Agent on or prior to the Commitment Date of the amount by which it is willing
to increase its Commitment. If the Lenders notify the Agent that they are willing to increase the
amount of their respective Commitments by an aggregate amount that exceeds the amount of the
requested Commitment Increase, the requested Commitment Increase shall be allocated among the
Lenders willing to participate therein in such amounts as are agreed between the Company and the
Agent.

(c) Promptly following each Commitment Date, the Agent shall notify the Company as to the
amount, if any, by which the Lenders are willing to participate in the requested Commitment
Increase. If the aggregate amount by which the Lenders are willing to participate in any requested
Commitment Increase on any such Commitment Date is less than the requested Commitment Increase,
then the Company may extend offers to one or more Persons approved by the Agent and each Issuing
Bank to participate in any portion of the requested Commitment Increase that has not been committed
to by the Lenders as of the applicable Commitment Date; provided, however, that the
Commitment of each such Person shall be in an amount of $15,000,000 or more.

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(d) On each Increase Date, each Person that accepts an offer to participate in a requested
Commitment Increase in accordance with Section 2.19(b) (each such Person and each Person that
agrees to an extension of the Termination Date in accordance with Section 2.20(c), an “Assuming
Lender”) shall become a Lender party to this Agreement as of such Increase Date and the
Commitment of each Increasing Lender for such requested Commitment Increase shall be so increased
by such amount (or by the amount allocated to such Lender pursuant to the last sentence of Section
2.19(b)) as of such Increase Date; provided, however, that the Agent shall have
received on or before such Increase Date the following, each dated such date:

(i) (A) certified copies of resolutions of the Board of Directors of the Company or the
Executive Committee of such Board authorizing the Commitment Increase and the corresponding
modifications to this Agreement and (B) an opinion of counsel for the Company (which may be
in-house counsel), in substantially the form of Exhibit F-1 hereto;

(ii) an assumption agreement from each Assuming Lender, if any, in form and substance
satisfactory to the Company and the Agent (each an “Assumption Agreement”), duly
executed by such Assuming Lender, the Agent and the Company; and

(iii) confirmation from each Increasing Lender of the increase in the amount of its
Commitment in a writing satisfactory to the Company and the Agent.

On each Increase Date, upon fulfillment of the conditions set forth in the immediately
preceding sentence of this Section 2.19(d), the Agent shall notify the Lenders (including, without
limitation, each Assuming Lender) and the Borrowers, on or before 1:00 P.M. (New York City time),
by telecopier, of the occurrence of the Commitment Increase to be effected on such Increase Date
and shall record in the Register the relevant information with respect to each Increasing Lender
and each Assuming Lender on such date. Each Increasing Lender and each Assuming Lender shall,
before 2:00 P.M. (New York City time) on the Increase Date, make available for the account of its
Applicable Lending Office to the Agent at the Agent’s Account, in same day funds, in the case of
such Assuming Lender, an amount equal to such Assuming Lender’s ratable portion of the Revolving
Credit Borrowings then outstanding
(calculated based on its Commitment as a percentage of the aggregate Commitments outstanding
after giving effect to the relevant Commitment Increase) and, in the case of such Increasing
Lender, an amount equal to the excess of (i) such Increasing Lender’s ratable portion of the
Revolving Credit Borrowings then outstanding (calculated based on its Commitment as a percentage of
the aggregate Commitments outstanding after giving effect to the relevant Commitment Increase) over
(ii) such Increasing Lender’s ratable portion of the Revolving Credit Borrowings then outstanding
(calculated based on its Commitment (without giving effect to the relevant Commitment Increase) as
a percentage of the aggregate Commitments (without giving effect to the relevant Commitment
Increase). After the Agent’s receipt of such funds from each such Increasing Lender and each such
Assuming Lender, the Agent will promptly thereafter cause to be distributed like funds to the other
Lenders for the account of their respective Applicable Lending Offices in an amount to each other
Lender such that the aggregate amount of the outstanding Revolving Credit Advances owing to each
Lender after giving effect to such distribution equals such Lender’s ratable portion of the
Revolving Credit Borrowings then outstanding (calculated based on its Commitment as a percentage of
the aggregate Commitments outstanding after giving effect to the relevant Commitment Increase).

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SECTION 2.20. Extension of Termination Date. (a) At least 45 days but not more than
90 days prior to any anniversary of the Effective Date, the Company, by written notice to the
Agent, may request an extension of the Termination Date in effect at such time by one year from its
then scheduled expiration. The Agent shall promptly notify each Lender of such request, and each
Lender shall in turn, in its sole discretion, not later than 30 days prior to the applicable
anniversary date, notify the Company and the Agent in writing as to whether such Lender will
consent to such extension. If any Lender shall fail to notify the Agent and the Company in writing
of its consent to any such request for extension of the Termination Date at least 30 days prior to
the Termination Date, such Lender shall be deemed to be a Non-Consenting Lender with respect to
such request. The Agent shall notify the Company not later than 25 days prior to the applicable
anniversary date of the decision of the Lenders regarding the Company’s request for an extension of
the Termination Date.

(b) If all the Lenders consent in writing to any such request in accordance with subsection
(a) of this Section 2.20, the Termination Date in effect at such time shall, effective as at the
applicable anniversary date (the “Extension Date”), be extended for one year;
provided that on each Extension Date the applicable conditions set forth in Section 3.03
shall be satisfied. If less than all of the Lenders consent in writing to any such request in
accordance with subsection (a) of this Section 2.20, the Termination Date in effect at such time
shall, effective as at the applicable Extension Date and subject to subsection (d) of this Section
2.20, be extended as to those Lenders that so consented (each a “Consenting Lender”) but
shall not be extended as to any other Lender (each a “Non-Consenting Lender”). To the
extent that the Termination Date is not extended as to any Lender pursuant to this Section 2.20 and
the Commitment of such Lender is not assumed in accordance with subsection (c) of this Section 2.20
on or prior to the applicable Extension Date, the Commitment of such Non-Consenting Lender shall
automatically terminate in whole on such unextended Termination Date without any further notice or
other action by any Borrower, such Lender or any other Person; provided that such
Non-Consenting Lender’s rights under Sections 2.12, 2.13 and 9.04, and its obligations under
Section 8.05, shall survive the Termination Date for such Lender as to matters occurring prior to
such date. It is understood and agreed that no Lender shall have any obligation whatsoever to
agree to any request made by the Company for any requested extension of the Termination Date.

(c) If less than all of the Lenders consent to any such request pursuant to subsection (a) of
this Section 2.20, the Agent shall promptly so notify the Company. The Company may arrange for one
or more Consenting Lenders or other Persons approved by the Agent and each Issuing Bank as Assuming
Lenders to assume, effective as of the Extension Date, any Non-Consenting Lender’s
Commitment and all of the obligations of such Non-Consenting Lender under this Agreement
thereafter arising, without recourse to or warranty by, or expense to, such Non-Consenting Lender;
provided, however, that the amount of the Commitment of any such Assuming Lender as
a result of such substitution shall in no event be less than $15,000,000 unless the amount of the
Commitment of such Non-Consenting Lender is less than $15,000,000, in which case such Assuming
Lender shall assume all of such lesser amount; and provided further that:

(i) any such Consenting Lender or Assuming Lender shall have paid to such
Non-Consenting Lender (A) the aggregate principal amount of, and any interest accrued and
unpaid to the effective date of the assignment on, the outstanding Advances, if any, of such
Non-Consenting Lender plus (B) any accrued but unpaid facility fees owing to such
Non-Consenting Lender as of the effective date of such assignment;

(ii) all additional costs reimbursements, expense reimbursements and indemnities
payable to such Non-Consenting Lender, and all other accrued and unpaid amounts owing to
such Non-Consenting Lender hereunder, as of the effective date of such assignment shall have
been paid to such Non-Consenting Lender; and

(iii) with respect to any such Assuming Lender, the applicable processing and
recordation fee required under Section 9.06(b) for such assignment shall have been paid;

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provided further that such Non-Consenting Lender’s rights under Sections 2.12, 2.13
and 9.04, and its obligations under Section 8.05, shall survive such substitution as to matters
occurring prior to the date of substitution. At least three Business Days prior to any Extension
Date, (A) each such Assuming Lender, if any, shall have delivered to the Company and the Agent an
Assumption Agreement, duly executed by such Assuming Lender, such Non-Consenting Lender, the
Company and the Agent, (B) any such Consenting Lender shall have delivered confirmation in writing
satisfactory to the Company and the Agent as to the increase in the amount of its Commitment and
(C) each Non-Consenting Lender being replaced pursuant to this Section 2.20 shall have delivered to
the Agent any Note or Notes held by such Non-Consenting Lender. Upon the payment or prepayment of
all amounts referred to in clauses (i), (ii) and (iii) of the immediately preceding sentence, each
such Consenting Lender or Assuming Lender, as of the Extension Date, will be substituted for such
Non-Consenting Lender under this Agreement and shall be a Lender for all purposes of this
Agreement, without any further acknowledgment by or the consent of the other Lenders, and the
obligations of each such Non-Consenting Lender hereunder shall, by the provisions hereof, be
released and discharged.

(d) If (after giving effect to any assignments or assumptions pursuant to subsection (c) of
this Section 2.20) Lenders having Commitments equal to at least 50% of the Commitments in effect
immediately prior to the Extension Date consent in writing to a requested extension (whether by
execution or delivery of an Assumption Agreement or otherwise) not later than one Business Day
prior to such Extension Date, the Agent shall so notify the Borrowers, and, subject to the
satisfaction of the applicable conditions in Section 3.03, the Termination Date then in effect
shall be extended for the additional one-year period as described in subsection (a) of this Section
2.20, and all references in this Agreement, and in the Notes, if any, to the “Termination
Date” shall, with respect to each Consenting Lender and each Assuming Lender for such Extension
Date, refer to the Termination Date as so extended. Promptly following each Extension Date, the
Agent shall notify the Lenders (including, without limitation, each Assuming Lender) of the
extension of the scheduled Termination Date in effect immediately prior thereto and shall thereupon
record in the Register the relevant information with respect to each such Consenting Lender and
each such Assuming Lender.

SECTION 2.21. Defaulting Lenders. (a) If a Lender becomes, and during the period it
remains, a Defaulting Lender, the following provisions shall apply:

(i) such Defaulting Lenders’ Pro Rata Share of the L/C Obligations will, subject to the
limitation in the first proviso below, automatically be reallocated (effective on the day
such Lender becomes a Defaulting Lender) among the Non-Defaulting Lenders pro
rata in accordance with their respective Commitments; provided that (A) the
sum of each Non-Defaulting Lender’s aggregate principal amount of Revolving Credit Advances
and allocated share of the L/C Obligations may not in any event exceed the Commitment of
such Non-Defaulting Lender as in effect at the time of such reallocation and (B) neither
such reallocation nor any payment by a Non-Defaulting Lender pursuant thereto will
constitute a waiver or release of any claim the Company, the Agent, any Issuing Bank or any
other Lender may have against such Defaulting Lender or cause such Defaulting Lender to be a
Non-Defaulting Lender;

(ii) to the extent that any portion (the “unreallocated portion”) of the
Defaulting Lender’s share of the L/C Obligations cannot be so reallocated, whether by reason
of the first proviso in clause (i) above or otherwise, the Company will, not later than
three Business Days after demand by the Agent (at the direction of an Issuing Bank), (A)
Cash Collateralize the obligations of the Company to the Issuing Bank in respect of such L/C
Obligations in an amount at least equal to the aggregate amount of the unreallocated portion
of such L/C Obligations, to be deposited and held in the L/C Cash Collateral Account, or (B)
make other arrangements satisfactory to the Agent and to each Issuing Bank, as the case may
be, in their sole discretion to protect them against the risk of non-payment by such
Defaulting Lender;

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(iii) Cash Collateral (or the appropriate portion thereof) provided by the Company
pursuant to clause (a)(ii) above shall be released promptly following (i) the elimination of
the obligations giving rise thereto (including by the termination of Defaulting Lender
status of the applicable Lender (or, as appropriate, its assignee following compliance with
Section 9.06(b))) or (ii) the Agent’s good faith determination that there exists
excess Cash Collateral; and

(iv) any amount paid by the Company or otherwise received by the Agent for the account
of a Defaulting Lender under this Agreement (whether on account of principal, interest,
fees, indemnity payments or other amounts) will not be paid or distributed to such
Defaulting Lender, but will instead be retained by the Agent in a segregated interest
bearing account until (subject to Section 2.21(c)) the termination of the Commitments and
payment in full of all obligations of the Company hereunder and will be applied by the
Agent, to the fullest extent permitted by law, to the making of payments from time to time
in the following order of priority: first to the payment of any amounts owing by
such Defaulting Lender to the Agent under this Agreement, second to the payment of
any amounts owing by such Defaulting Lender to an Issuing Bank (pro rata as
to the respective amounts owing to each of them) under this Agreement, third to the
payment of post-default interest and then current interest due and payable to the Lenders
hereunder other than Defaulting Lenders, ratably among them in accordance with the amounts
of such interest then due and payable to them, fourth to the payment of fees then
due and payable to the Non-Defaulting Lenders hereunder, ratably among them in accordance
with the amounts of such fees then due and payable to them, fifth to pay principal
then due and payable to the Non-Defaulting Lenders hereunder ratably in accordance with the
amounts thereof then due and payable to them, sixth to the ratable payment of other
amounts then due and payable to the Non-Defaulting Lenders, seventh if so determined
by the Agent or requested by Issuing Bank, to be held as Cash Collateral for future funding
obligations of that Defaulting Lender of any participation in any Letter of Credit;
eighth, as the Company may request (so long as no Default
exists), to the funding of any Loan in respect of which that Defaulting Lender has
failed to fund its portion thereof as required by this Agreement, as determined by the
Agent; ninth so long as no Default exists, to the payment of any amounts owing to
the Company as a result of any judgment of a court of competent jurisdiction obtained by the
Company against that Defaulting Lender as a result of that Defaulting Lender’s breach of its
obligations under this Agreement; and tenth after the termination of the Commitments
and payment in full of all obligations of the Company hereunder, to pay amounts owing under
this Agreement to such Defaulting Lender or as a court of competent jurisdiction may
otherwise direct. Any payments, prepayments or other amounts paid or payable to a
Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or
to post cash collateral pursuant to this Section 2.21 shall be deemed paid to and redirected
by such Defaulting Lender, and each Lender irrevocably consents hereto. For purposes of
clauses third through seventh hereof, such amounts shall be applied as described above only
to the extent such amounts have not otherwise been paid by the Company.

In furtherance of the foregoing, if any Lender becomes, and during the period it
remains, a Defaulting Lender, each Issuing Bank is hereby authorized by the Company (which
authorization is irrevocable and coupled with an interest) to give, in its discretion,
through the Agent, Notices of Revolving Credit Borrowing pursuant to Section 3.03 in such
amounts and in such times as may be required to (i) reimburse an outstanding drawing under a
Letter of Credit and/or (ii) Cash Collateralize the obligations of the Company in respect of
outstanding Letters of Credit in an amount at least equal to the aggregate amount of the
obligations (contingent or otherwise) of such Defaulting Lender in respect of such Letter of
Credit, in each case, to the extent not otherwise reimbursed or Cash Collateralized by the
Company.

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(b) No Commitment of any Lender shall be increased or otherwise affected, and, except as
otherwise expressly provided in this Section 2.21, performance by the Company of its obligations
shall not be excused or otherwise modified as a result of the operation of this Section 2.21. The
rights and remedies against a Defaulting Lender under this Section 2.21 are in addition to any
other rights and remedies which the Company, the Agent, any Issuing Bank or any Lender may have
against such Defaulting Lender.

(c) If the Company, the Issuing Banks and the Agent agree in writing in their reasonable
determination that a Defaulting Lender should no longer be deemed to be a Defaulting Lender, the
Agent will so notify the parties hereto, whereupon as of the effective date specified in such
notice and subject to any conditions set forth therein (which may include arrangements with respect
to any cash collateral), that Lender will, to the extent applicable, purchase that portion of
outstanding Advances of the other Lenders or take such other actions as the Agent may determine to
be necessary to cause the Advances to be funded and held on a pro rata basis by the Lenders in
accordance with their pro rata share, whereupon such Lender will cease to be a Defaulting Lender;
provided that no adjustments will be made retroactively with respect to fees accrued or
payments made by or on behalf of the Company while that Lender was a Defaulting Lender; and
provided, further, that except to the extent otherwise expressly agreed by the
affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or
release of any claim of any party hereunder arising from such Lender’s having been a Defaulting
Lender.

SECTION 2.22. Replacement of Lenders. If (a) any Lender requests compensation under
Section 2.12, (b) the Company is required to pay additional amounts to any Lender or any
governmental authority for the account of any Lender pursuant to Section 2.15, (c) any Lender is a
Defaulting Lender, or (d) any Lender does not approve any consent, waiver or amendment that (i)
requires the approval of all affected Lenders in accordance with the terms of Section 9.01 and (ii)
has been approved by the Required Lender (a “Non-Approving Lender”),
then the Company may, at its sole expense and effort, upon notice to such Lender and the
Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject
to the restrictions contained in, and consents required by, Section 9.06), all of its interests,
rights and obligations under this Agreement to an Eligible Assignee that shall assume such
obligations (which assignee may be another Lender, if a Lender accepts such assignment);
provided that:

(1) the Company shall have paid to the Agent the assignment fee (if any) specified in
Section 9.06;

(2) such Lender shall have received payment of an amount equal to the outstanding
principal of its Advances and participations in Letters of Credit, accrued interest thereon,
accrued fees and all other amounts payable to it hereunder (including any amounts under
Section 9.04(c)) from the assignee (to the extent of such outstanding principal and accrued
interest and fees) or the Company (in the case of all other amounts);

(3) in the case of any such assignment resulting from a claim for compensation under
Section 2.12 or payments required to be made pursuant to Section 2.15, such assignment will
result in a reduction in such compensation or payments thereafter;

(4) such assignment does not conflict with applicable law;

(5) in the case of any assignment resulting from a Lender becoming a Non-Approving
Lender, the applicable assignee shall have consented to the applicable amendment, waiver or
consent;

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provided, further, that the failure by such Lender to execute and deliver an
Assignment and Assumption shall not impair the validity of the removal of such Lender and the
mandatory assignment of such Lender’s Commitments and outstanding Loans and participations in L/C
Obligations pursuant to this Section 2.22 shall nevertheless be effective without the
execution by such Lender of an Assignment and Assumption.

A Lender shall not be required to make any such assignment or delegation if, prior thereto, as
a result of a waiver by such Lender or otherwise, the circumstances entitling the Company to
require such assignment and delegation cease to apply.

ARTICLE III

CONDITIONS TO EFFECTIVENESS AND LENDING

SECTION 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and 2.03.
Sections 2.01 and 2.03 of this Agreement shall become effective on and as of the first date (the
“Effective Date”) on which the following conditions precedent have been satisfied:

(a) Except for matters disclosed in the Company’s SEC Reports or except as otherwise
disclosed to the Agent and the Lenders in writing prior to the Effective Date, there shall
have occurred no Material Adverse Change since December 31, 2010.

(b) There shall exist no action, suit, investigation, litigation or proceeding
affecting the Company or any of its Subsidiaries pending or, to the knowledge of the
Secretary or Treasurer
of the Company, threatened before any court, governmental agency or arbitrator that (i)
could be reasonably likely to have a Material Adverse Effect, except for matters disclosed
in the Company’s SEC Reports or except as otherwise disclosed to the Agent and the Lenders
in writing prior to the Effective Date or (ii) purports to affect the legality, validity or
enforceability of this Agreement or any Note or the consummation of the transactions
contemplated hereby.

(c) All governmental and third party consents and approvals necessary in connection
with the transactions contemplated hereby shall have been obtained (without the imposition
of any conditions that are not reasonably acceptable to the Lenders) and shall remain in
effect, and no law or regulation shall be applicable in the reasonable judgment of the
Lenders that restrains, prevents or imposes materially adverse conditions upon the
transactions contemplated hereby.

(d) The Company or the Agent shall have notified each Lender and the Agent in writing
as to the proposed Effective Date.

(e) The Company shall have paid all accrued fees and expenses of the Agent and the
Lenders then due and owing in respect of this Agreement.

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(f) On the Effective Date, the following statements shall be true and the Agent shall
have received for the account of each Lender a certificate signed by a duly authorized
officer of the Company, dated the Effective Date, stating that:

(i) The representations and warranties contained in Section 4.01 are correct on
and as of the Effective Date, and

(ii) No event has occurred and is continuing that constitutes a Default.

(g) The Agent shall have received on or before the Effective Date the following, each
dated such day, in form and substance satisfactory to the Agent and (except for the
Revolving Credit Notes) in sufficient copies for each Lender:

(i) The Revolving Credit Notes to the order of the Lenders to the extent
requested by any Lender pursuant to Section 2.17.

(ii) Certified copies of the resolutions of the Board of Directors of the
Company authorizing this Agreement and the Notes, and of all documents evidencing
other necessary corporate action and governmental approvals, if any, with respect to
this Agreement and the Notes.

(iii) A certificate of the Secretary or an Assistant Secretary of the Company
certifying the names and true signatures of the officers of the Company authorized
to sign this Agreement and the Notes and the other documents to be delivered
hereunder.

(iv) A favorable opinion of the General Counsel for the Company and of Moore &
Van Allen PLLC, special counsel for the Company, substantially in the form of
Exhibits F-1 and F-2 hereto, respectively, and as to such other matters as any
Lender through the Agent may reasonably request.

(v) A favorable opinion of Shearman & Sterling LLP, counsel for the Agent, in
form and substance satisfactory to the Agent.

(h) The Company shall have terminated the commitments of the lenders and, except with
respect to the Existing Letters of Credit, repaid or prepaid in full all amounts owing under
the Five Year Credit Agreement, dated as of May 25, 2005 (as amended, the “Five Year
Credit Agreement”), among the Company, certain other borrowers parties thereto, the
lenders parties thereto and Citibank, N.A., as administrative agent. By execution of this
Agreement, each of the Lenders that is a lender under the Five Year Credit Agreement hereby
waives the requirements set forth in Sections 2.06 and 2.11 of the Five Year Credit
Agreement of prior notice to the termination of its commitments and prepayment of advances
thereunder.

SECTION 3.02. Conditions Precedent to Initial Borrowing of Each Designated
Subsidiary. The obligation of each Lender to make an initial Advance to each Designated
Subsidiary following its designation as a Borrower hereunder pursuant to Section 9.12 on the
occasion of the initial Borrowing thereby is subject to the Agent’s receipt on or before the date
of such initial Borrowing of each of the following, in form and substance satisfactory to the Agent
and dated such date:

(a) The Designation Letter of such Designated Subsidiary, in substantially the form of
Exhibit E hereto.

(b) The Revolving Credit Note of such Designated Subsidiary to the Lenders to the
extent requested by any Lender pursuant to Section 2.17.

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(c) A certificate of the Secretary or an Assistant Secretary (or person performing
similar functions) of such Designated Subsidiary certifying (i) appropriate resolutions of
the board of directors (or persons performing similar functions) of such Designated
Subsidiary approving this Agreement and its Notes, and all documents evidencing other
necessary corporate (or equivalent) action and governmental approvals, if any, with respect
to this Agreement and its Notes (copies of which shall be attached thereto) and (ii) the
names and true signatures of the officers of such Designated Subsidiary authorized to sign
the Designation Letter of such Designated Subsidiary and its Notes and the other documents
to be delivered by such Designated Subsidiary hereunder.

(d) A copy of a certificate of the Secretary of State (or other appropriate
Governmental Authority) of the jurisdiction of organization of such Designated Subsidiary,
dated reasonably near the date of such Borrowing, certifying that such Designated Subsidiary
is duly organized and in good standing (or the equivalent thereof) under the laws of the
jurisdiction of its organization.

(e) A certificate signed by a duly authorized officer of such Designated Subsidiary,
dated as of the date of such Borrowing, certifying that such Designated Subsidiary has
obtained all authorizations, consents, approvals (including, without limitation, exchange
control approvals) and licenses of any Governmental Authority or other third party necessary
for such Designated Subsidiary to execute and deliver its Designation Letter and its Notes
and to perform its obligations under this Agreement or any of its Notes.

(f) Such other documents, opinions and other information as any Lender, through
the Agent, may reasonably request.

SECTION 3.03. Conditions Precedent to Each Revolving Credit Borrowing, Letter of Credit
Issuance, Commitment Increase and Extension of Termination Date. The obligation of each Lender
to make a Revolving Credit Advance on the occasion of each Revolving Credit Borrowing (other than a
Revolving Credit Advance deemed made pursuant to Section 2.04(c)), the obligation of each Issuing
Bank to issue a Letter of Credit, each Commitment Increase pursuant to Section 2.19 and each
extension of Commitments pursuant to Section 2.20 shall be subject to the conditions precedent that
the Effective Date shall have occurred and on the date of such Revolving Credit Borrowing, the
issuance of such Letter of Credit, the applicable Increase Date or the applicable Extension Date
the following statements shall be true (and each of the giving of the applicable Notice of
Revolving Credit Borrowing, Notice of Issuance, request for Commitment Increase, request for
Commitment extension and the acceptance by the Borrower requesting such Revolving Credit Borrowing
of the proceeds of such Revolving Credit Borrowing or Letter of Credit shall constitute a
representation and warranty by such Borrower that on the date of such Borrowing or the issuance of
such Letter of Credit, such Increase Date or such Extension Date such statements are true):

(a) the representations and warranties contained in Section 4.01 (except, in each case
other than a Commitment Increase or an extension of the Commitments, the representations set
forth in subsection (c)(ii) thereof and in subsection (d)(i) thereof) (and, if such
Revolving Credit Borrowing shall have been requested by a Designated Subsidiary, the
representations and warranties of such Designated Subsidiary contained in its Designation
Letter, other than the representation set forth in subsection (i) of paragraph 5 thereof)
are correct in all material respects, except for those representations and warranties that
are qualified by materiality or Material Adverse Effect, which shall be true and correct, on
and as of such date (except to the extent that any expressly relate to any earlier date),
before and after giving effect to such Revolving Credit Borrowing or the issuance of such
Letter of Credit and to the application of the proceeds therefrom, such Commitment Increase
or such Extension Date, as though made on and as of such date, and

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(b) no event has occurred and is continuing, or would result from such Revolving Credit
Borrowing or the issuance of such Letter of Credit or from the application of the proceeds
therefrom, such Commitment Increase or such Extension Date, that constitutes a Default.

SECTION 3.04. Conditions Precedent to Each Competitive Bid Borrowing. The obligation
of each Lender that is to make a Competitive Bid Advance on the occasion of a Competitive Bid
Borrowing to make such Competitive Bid Advance as part of such Competitive Bid Borrowing is subject
to the conditions precedent that (i) the Agent shall have received the written confirmatory Notice
of Competitive Bid Borrowing with respect thereto, (ii) on or before the date of such Competitive
Bid Borrowing, but prior to such Competitive Bid Borrowing, the Agent shall have received a
Competitive Bid Note payable to the order of such Lender for each of the one or more Competitive
Bid Advances to be made by such Lender as part of such Competitive Bid Borrowing, in a principal
amount equal to the principal amount of the Competitive Bid Advance to be evidenced thereby and
otherwise on such terms as were agreed to for such Competitive Bid Advance in accordance with
Section 2.03, and (iii) on the date of such Competitive Bid Borrowing the following statements
shall be true (and each of the giving of the applicable Notice of Competitive Bid Borrowing and the
acceptance by the Borrower requesting such Competitive Bid Borrowing of the proceeds of such
Competitive Bid Borrowing shall constitute a representation and warranty by such Borrower that on
the date of such Competitive Bid Borrowing such statements are true):

(a) the representations and warranties contained in Section 4.01 (except the
representations set forth in subsection (c)(ii) thereof and in subsection (d)(i) thereof)
(and, if such Competitive Bid Borrowing shall have been requested by a Designated
Subsidiary, the representations and warranties of such Designated Subsidiary contained in
its Designation Letter, other than the representation set forth in subsection (i) of
paragraph 5 thereof) are correct in all
material respects on and as of the date of such Competitive Bid Borrowing (except to
the extent that any expressly relate to any earlier date), before and after giving effect to
such Competitive Bid Borrowing and to the application of the proceeds therefrom, as though
made on and as of such date, and

(b) no event has occurred and is continuing, or would result from such Competitive Bid
Borrowing or from the application of the proceeds therefrom, that constitutes a Default.

SECTION 3.05. Determinations Under Section 3.01. For purposes of determining
compliance with the conditions specified in Section 3.01, each Lender shall be deemed to have
consented to, approved or accepted or to be satisfied with each document or other matter required
thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an
officer of the Agent responsible for the transactions contemplated by this Agreement shall have
received notice from such Lender prior to the date that the Company, by notice to the Lenders,
designates as the proposed Effective Date, specifying its objection thereto. The Agent shall
promptly notify the Lenders of the occurrence of the Effective Date.

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ARTICLE IV

REPRESENTATIONS AND WARRANTIES

SECTION 4.01. Representations and Warranties of the Company. The Company represents
and warrants as follows:

(a) Subsidiaries. The Annual Report of the Company on Form 10-K of the Company
for the year most recently ended (in each case, the “Form 10-K”) correctly lists, as
at the end of such year, in all material respects all Significant Subsidiaries. The Company
and each Significant Subsidiary has good and marketable title to all of the shares it
purports to own of the stock of each Significant Subsidiary. All such shares have been duly
issued and are fully paid and non-assessable.

(b) Corporate Organization and Authority. The Company and each Significant
Subsidiary:

(i) is a corporation (or other entity) duly organized (or formed), validly
existing and in good standing under the laws of its jurisdiction of incorporation
(or organization);

(ii) has all requisite power and authority and all material licenses and
permits necessary to own and operate its properties and to carry on its business as
now conducted in each jurisdiction in which it currently conducts any material part
of its business; and

(iii) is duly licensed or qualified and is in good standing as a foreign
corporation in each jurisdiction in which it currently conducts any material part of
its business, wherein the nature of the business transacted by it or the nature of
the property owned or leased by it makes such licensing or qualification necessary,
other than failures to have good standing or obtain licenses or qualifications,
which would not, individually or in the aggregate, create a Material Adverse Effect.

(c) Financial Statements. (i) The consolidated balance sheet of the Company
and its Consolidated Subsidiaries as of December 31, 2010, and the consolidated statements
of income and cash flows for the fiscal year ended on said date, accompanied by a report
thereon containing an opinion unqualified as to scope limitations imposed by the Company and
otherwise without qualification except as therein noted, by Ernst & Young LLP, and the
unaudited condensed consolidated balance sheet of the Company and its Consolidated
Subsidiaries as of March 31, 2011, and the unaudited condensed consolidated statements of
income and cash flows for the fiscal quarter ended on said date, duly certified by the chief
financial officer of the Company, have been prepared in accordance with GAAP consistently
applied except as therein noted, and present fairly, subject in the case of said balance
sheet as at March 31, 2011, and said statements of income and cash flows for the fiscal
quarter then ended, to year-end audit adjustments and the absence of footnotes, the
financial position of the Company and its Consolidated Subsidiaries as of said dates and the
results of operations and cash flows of the Company and its Consolidated Subsidiaries for
the periods ended on such dates.

(ii) Except as disclosed in the Company’s most recent Form 10-Q or Form 10-K as
filed with the Securities and Exchange Commission or except as otherwise disclosed
to the Agent and the Lenders prior to May 20, 2011, since December 31, 2010, there
has been no Material Adverse Effect.

(d) Pending Litigation. There are no proceedings pending or, to the knowledge
of the Secretary and the Treasurer of the Company, threatened against or affecting the
Company or any Subsidiary in any court or before any governmental authority or arbitration
board or tribunal which (i) could reasonably be expected to have a Material Adverse Effect,
except as disclosed in the Company’s most recent Form 10-Q or Form 10-K as filed with the
Securities and Exchange Commission or except as otherwise disclosed in writing to the Agent
and the Lenders prior to May 20, 2011 or (ii) purports to affect the legality, validity or
enforceability of this Agreement or any Note or the consummation of the transactions
contemplated hereby.

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(e) Loan is Legal and Authorized. The borrowing by the Company under this
Agreement and compliance by the Company with all of the provisions of this Agreement:

(i) are within the corporate powers of the Company;

(ii) will not violate any provisions of any material law, court order or
governmental authority or agency directive and will not conflict with or result in
any breach of any of the material terms, conditions or provisions of, or constitute
a default under the Certificate of Incorporation or By-laws of the Company or any
material indenture or other material agreement or instrument to which the Company is
a party or by which it may be bound or result in the imposition of any material
Liens or encumbrances on any property of the Company; and

(iii) have been duly authorized by proper corporate action on the part of the
Company (no action by the shareholders of the Company being required by law, by the
Certificate of Incorporation or By-laws of the Company or otherwise), executed and
delivered by the Company and this Agreement constitutes the legal, valid and binding
obligation, contract and agreement of the Company enforceable in accordance with its
respective terms.

(f) Governmental Consent. No material approval, consent or withholding of
objection on the part of any regulatory body, state, Federal or local, is necessary in
connection with the execution and delivery by the Company of this Agreement or compliance by the
Company with any of the provisions of this Agreement.

(g) Taxes. All material tax returns required to be filed by the Company or any
Significant Subsidiary in any jurisdiction in which it currently conducts any material part
of its business have, in fact, been filed, and all material taxes, assessments, fees and
other governmental charges upon the Company or any Significant Subsidiary or upon any of
their respective properties, income or franchises, which are shown to be due and payable in
such returns have been paid or provisions for the payment thereof has been made except for
any taxes which are being contested in good faith and with respect to which adequate
reserves have been established. The provisions for taxes on the consolidated financial
statements of the Company are adequate in all material respects for all open years, and for
its current fiscal period.

(h) Use of Proceeds; Margin Stock. None of the transactions contemplated in
this Agreement (including, without limitation thereof, the use of proceeds of the loans
thereunder) will violate or result in a violation of Section 7 of the Securities Exchange
Act of 1934, as amended, or any regulation issued pursuant thereto, including, without
limitation, Regulations T, U and X of the Board of Governors of the Federal Reserve System,
12 C.F.R., Chapter II. “Margin Stock,” as defined in said Regulations U and X does
not make up twenty five percent or more of the assets of the Company and its subsidiaries on
a consolidated basis.

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(i) ERISA. The consummation of the transactions provided for in this Agreement
and compliance by the Company with the provisions thereof will not involve any prohibited
transaction within the meaning of ERISA or Section 4975 of the Code. Each Plan complies in
all material respects with all applicable statutes and governmental rules and regulations,
and (a) no PBGC Reportable Event (as defined in ERISA) as to which the requirement of notice
within 30 days has not been waived has occurred and is continuing with respect to any Plan,
and (b) neither the Company nor any ERISA Affiliate has withdrawn from any Plan or
Multiemployer Plan or instituted steps to do so where a material withdrawal liability has
occurred or will occur. No condition exists or event or transaction has occurred in
connection with any Plan which could result in the incurrence by the Company or any ERISA
Affiliate of any material liability, fine or penalty. No Plan maintained by the Company or
any ERISA Affiliate has failed to satisfy the minimum funding standard described in Section
412 of the Code or Section 302 of ERISA, whether or not waived. Neither the Company nor any
ERISA Affiliate has any material contingent liability with respect to any post-retirement
“welfare benefit plan” (as such term is defined in ERISA) except as has been reflected in
the Company’s Form 10-K. No administrator of any Plan has filed a notice of intent to
terminate a Plan, pursuant to Section 4041(a)(2) of ERISA (including any such notice with
respect to a plan amendment referred to in Section 4041(e) of ERISA). There has been no
cessation of operations at a facility of the Company or any ERISA Affiliate in the
circumstances described in Section 4062(e) of ERISA which would be reasonably likely to
result in a material liability to the Company or an ERISA Affiliate. The conditions for
imposition of a lien under Section 303(k) of ERISA shall not have been met with respect to
any Plan. A determination that any Plan is in “at risk” status (within the meaning of
Section 303 of ERISA) has not been made. The PBGC has not instituted proceedings to
terminate a Plan pursuant to Section 4042 of ERISA, and there has been no 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 a Plan. Neither the Company
nor any ERISA Affiliate has been notified by the sponsor of a Multiemployer Plan that such
Multiemployer Plan is in reorganization or insolvent within the meaning of Title IV of ERISA
or has been determined to be in “endangered or “critical” status within the meaning of
Section 432 of the Code or Section 305 of ERISA, and no such Multiemployer Plan is reasonably
expected to be in reorganization, insolvent or in “endangered” or “critical” status.

(j) Compliance with Environmental Laws. The Company is not in violation of any
applicable Federal, state, or local laws, statutes, rules, regulations or ordinances
relating to public health, safety or the environment, including, without limitation,
relating to releases, discharges, emissions or disposals to air, water, land or ground
water, to the withdrawal or use of ground water, to the use, handling or disposal of
polychlorinated biphenyls (PCB’s), asbestos or urea formaldehyde, to the treatment, storage,
disposal or management of hazardous substances (including, without limitation, petroleum,
crude oil or any fraction thereof, or other hydrocarbons), pollutants or contaminants, to
exposure to toxic, hazardous or other controlled, prohibited or regulated substances which
violation would be reasonably likely to have a Material Adverse Effect. Except as set forth
in the Form 10-K, the Company does not know of any liability or class of liability of the
Company or any Subsidiary under the Comprehensive Environmental Response, Compensation and
Liability Act of 1980, as amended (42 U.S.C. Section 9601 et seq.), or the Resource
Conservation and Recovery Act of 1976, as amended (42 U.S.C. Section 6901 et seq.) which
could reasonably be expected to have a Material Adverse Effect.

(k) Ownership of Properties. The Company and its Restricted Subsidiaries have
good title, free and clear of all material Liens other than those permitted by Section
5.01(g), to all material owned portions of their respective Principal Properties.

(l) Investment Company Act. Neither the Company nor any Significant Subsidiary
is an “investment company” or a company “controlled” by an investment company, within the
meaning of the Investment Company Act of 1940, as amended.

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ARTICLE V

COVENANTS OF THE COMPANY

SECTION 5.01. Covenants. So long as any Advance shall remain unpaid, any Lender
shall have any Commitment hereunder or any Letter of Credit shall be outstanding:

(a) Corporate Existence, Etc. The Company will preserve and keep in full force
and effect (i) its corporate existence and (ii) all licenses and permits necessary, in all
material respects, to the proper conduct of its business, provided that the foregoing shall
not (x) prevent any transaction permitted by Sections 5.01(h) or (y) require any
preservation or actions in respect of licenses and permits where the aggregate effect of all
failures with respect thereto would not be reasonably likely to cause a Material Adverse
Effect.

(b) Insurance. The Company will maintain, and will cause each Consolidated
Subsidiary to maintain, insurance coverage by reputable insurers and in such forms and
amounts and against such risks as are customary for corporations engaged in the same or
similar business and owning and operating similar properties, provided, that the
Company and its Subsidiaries may maintain a system or systems of self-insurance in
accordance with sound business, accounting and actuarial practice as is customary for
corporations engaged in the same or a similar business and having a net worth similar to the
Consolidated net worth of the Company as of the date of any determination; and further
provided that the foregoing shall apply only if the
effect of all failures of the Company or such Subsidiary to take such action would be
to cause a Material Adverse Effect.

(c) Taxes, Claims for Labor and Materials, Compliance with Laws. The Company
will, and will cause each Subsidiary promptly to (i) pay and discharge all lawful taxes,
assessments and governmental charges or levies imposed upon the Company or such Subsidiary,
respectively, or upon or in respect of all or any part of the property or business of the
Company or such Subsidiary, and (ii) pay and discharge, or make arrangement to pay and
discharge, in the ordinary course of its business, all trade accounts payable and all claims
for work, labor or materials, any of which, if unpaid, might become a Lien (other than a
Lien permitted pursuant to this Agreement) upon any Principal Property of the Company or
such Subsidiary; provided, however, that the foregoing shall apply only if
the effect of the failure of the Company or any Subsidiary to take such action would be to
cause a Material Adverse Effect; provided further that the Company or such
Subsidiary shall not be required to pay any such tax, assessment, charge, levy, account
payable or claim if (x) the validity thereof is being contested in good faith by appropriate
actions or proceedings which will prevent the forfeiture or sale of any material property of
the Company or such Subsidiary or any material interference with the use thereof by the
Company or such Subsidiary, and (y) the Company or such Subsidiary shall set aside on its
books, reserves, if any, deemed by it to be adequate with respect thereto. The Company will
comply and will cause each Subsidiary to comply in all material respects with all laws,
ordinances or governmental rules and regulations to which it is subject and all licensing
and other governmental authorizations necessary to the ownership of its properties or to the
conduct of its business including, without limitation, the Occupational Safety and Health
Act of 1970, as amended, ERISA, the Patriot Act and all laws, ordinances, governmental rules
and regulations relating to environmental protection in all applicable jurisdictions, except
where the necessity of compliance therewith is being contested in good faith by appropriate
actions or proceedings or the violation of which, in the aggregate, is not reasonably likely
to have a Material Adverse Effect.

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(d) Maintenance, Etc. The Company will maintain, preserve and keep, and will
cause each Subsidiary to maintain, preserve and keep, its material properties necessary for
the conduct of its business (whether owned in fee or a leasehold interest) in good repair
and working order and from time to time will make all necessary repairs, replacements,
renewals and additions so that at all times the efficiency thereof shall be maintained;
provided, however, that the foregoing shall apply only if the effect of all failures of the
Company or such Subsidiary to take such actions would be to cause a Material Adverse Effect.

(e) [Reserved].

(f) Leverage Ratio. The Company will maintain a Leverage Ratio of not greater
than 3.60 to 1.

(g) Liens, Etc. The Company will not and will not permit any Restricted
Subsidiary to create or incur or suffer to be incurred or to exist any Lien securing Debt of
any Person upon its Principal Properties, whether now owned or hereafter acquired or upon
any income or profits therefrom, or transfer any of its Principal Properties for the purpose
of subjecting the same to the payment of obligations in priority to the payment of its or
their general creditors or acquire or agree to acquire or permit any Restricted Subsidiaries
to acquire any Principal Properties upon conditional sales agreements, sale-leaseback
arrangements or other title retention devices, provided, however that the
foregoing limitation will not be applicable to the following:

(i) Liens in favor of governmental entities to secure payments pursuant to any
contract or statute or to secure any Indebtedness owing to a governmental entity
incurred to finance the purchase price or the cost of construction of the property
subject to such Lien,

(ii) Liens securing Indebtedness of a Restricted Subsidiary to the Company or
to another Restricted Subsidiary,

(iii) Liens existing as of the date of this Agreement and reflected on the
Company’s 2010 Form 10-K,

(iv) Liens existing on the assets of a corporation at the time such corporation
initially becomes a Restricted Subsidiary,

(v) Liens incurred after the date of this Agreement given to secure the payment
of the purchase price, construction cost or improvement cost incurred in connection
with the acquisition, construction or improvement of assets, including Liens
existing on such assets at the time of acquisition thereof or at the time of
acquisition by the Company or any Restricted Subsidiary of any business entity then
owning such assets, whether or not such existing Liens were given to secure the
payment of the purchase price of the assets to which they attach, provided
that (A) the Lien shall attach solely to the assets acquired or purchased (including
any assets which are attached or otherwise adjoining such assets) and (B) such Lien
has been created or incurred by the Company or such Restricted Subsidiary
simultaneously with, or within one year after, the date of acquisition, construction
or improvement of such assets,

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(vi) in addition to the Liens permitted by the foregoing clauses of this
Section 5.01(g), additional Liens encumbering Principal Properties securing Debt of
the Company or any Restricted Subsidiary, provided, that the aggregate
principal amount of all such Debt so secured shall not at any time exceed 10% of Net
Tangible Assets, and

(vii) any extension, renewal or replacement of any Lien permitted by the
proceeding clauses (i) through (vi) inclusive in respect of the same property
theretofore subject to such Lien, incurred in connection with the extension, renewal
or refunding of the Debt secured thereby.

(h) Mergers, Sale of Assets.

(i) The Company will not merge or consolidate with or into any Person unless in each
case the Company shall be the surviving corporation, except that the Company may consolidate
with or merge into any other Person if such consolidation or merger is, in the opinion of
Board of Directors of the Company, advantageous for tax or operational reasons (but not to
effect the acquisition of or by, or consolidation with, any Person that is not already a
Subsidiary of the Company), provided that:

(A) such Person (the “Surviving Corporation”) is a corporation
organized under the laws of the United States of America having a majority of its
assets located in the United States of America;

(B) at least a majority of the combined voting power of all Voting Stock of the
Surviving Corporation immediately after giving effect to such consolidation or
merger is owned by Persons which owned Voting Stock of the Company immediately
prior to giving effect thereto;

(C) no Default shall have occurred and be continuing at the time of such
proposed merger or consolidation or would result therefrom;

(D) the Company shall have provided to the Agent and the Lenders such corporate
governance and authorization documents, in form and substance satisfactory to the
Agent and the Lenders, as may be deemed necessary or advisable by the Agent and the
Lenders; and

(E) the Surviving Corporation shall expressly assume, by written agreement
delivered to the Agent and the Lenders, all of the obligations of the Company under
this Agreement, whereupon the Surviving Corporation shall (1) succeed to all of the
rights and obligations of the Company under this Agreement, (2) for all purposes
hereof be substituted for the Company hereunder, and (3) constitute the “Company”
and a “Borrower” bound by this Agreement.

(ii) The Company will not convey, transfer, lease or otherwise dispose of
(whether in one transaction or in a series of transactions) 50% or more of the
consolidated assets of the Company and its Subsidiaries taken as a whole (whether
now owned or hereafter acquired) to, any Person, or permit any of its Subsidiaries
to do so, except that any Subsidiary of the Company may dispose of assets to any
other Subsidiary of the Company, provided, in each case, that no Default
shall have occurred and be continuing at the time of such proposed transaction or
would result therefrom.

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(i) Transactions with Affiliates. The Company will not, and will not permit
any Subsidiary to enter into or be a party to any transaction or arrangement with any
Affiliate (other than the Company or any of its Subsidiaries) including, without limitation,
the purchase from, sale to or exchange of property with, or the rendering of any service by
or for, any such Affiliate, except upon fair and reasonable terms no less favorable to the
Company or such Subsidiary than would be obtained in a comparable arm’s-length transaction
with a Person other than an Affiliate; provided, however, that the foregoing shall apply
only if the effect of all failures of the Company or such Subsidiary to take such actions
would be to cause a Material Adverse Effect.

(j) Termination of Pension Plans. The Company will not and will not permit any
ERISA Affiliate to withdraw from any Multiemployer Plan or permit any employee benefit plan
maintained by it to be terminated if such withdrawal or termination could result in a
withdrawal liability (as described in Part 1 of Subtitle E of Title IV or ERISA) or the
imposition of a Lien on any property of the Company or any ERISA Affiliate pursuant to
Section 4068 of ERISA, which liability or Lien would have a Material Adverse Effect.

(k) Reports and Rights of Inspection. The Company will keep on a consolidated
basis proper books of record and account of its dealings or transactions of, or in relation
to, the business and affairs of the Company, in accordance with GAAP consistently applied
(except for changes concurred in by the independent public accountants referred to in
Section 5.01(k)(ii) hereof), and will furnish to the Lenders (in duplicate if so specified
below or otherwise requested):

(i) Quarterly Statements. Within 90 days (or, if the Public Debt
Rating is BBB- from S&P or Baa3 from Moody’s, 60 days) after the end of each
quarterly fiscal period (except the last) of each fiscal year, copies of:

(A) consolidated balance sheets of the Company and its Consolidated
Subsidiaries as of the close of such quarterly fiscal period, setting forth
in comparative form the consolidated figures for the fiscal year then most
recently ended,

(B) consolidated statements of income of the Company and its
Consolidated Subsidiaries for such quarterly fiscal period, in each case
setting forth in comparative form the consolidated figures for the
corresponding periods of the preceding fiscal year, and

(C) consolidated statements of cash flows of the Company and its
Consolidated Subsidiaries for the portion of the fiscal year ending with
such quarterly fiscal period, setting forth in comparative form the
consolidated figures for the corresponding period of the preceding fiscal
year,

all in reasonable detail and certified as complete and correct by an authorized
financial officer of the Company, provided, that the Company may comply with
the requirements of this paragraph (i) by furnishing within the time period
described above, the Company’s Quarterly Report on Form 10-Q as filed with the
Securities and Exchange Commission and provided further that the
Company may also comply with this paragraph (i) by publishing such data or documents
on its Internet web page or in another publicly accessible electronic database,
unless any Lender at any time makes a written request for hard copy disclosure only.

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(ii) Annual Statements. Within 120 days after the close of each fiscal
year of the Company, copies of:

(A) consolidated balance sheets of the Company and its Consolidated
Subsidiaries as of the close of such fiscal year, and

(B) consolidated statements of income and retained earnings and cash
flows of the Company and its Consolidated Subsidiaries for such fiscal year

in each case setting forth in comparative form the consolidated figures for the
preceding fiscal year, all in reasonable detail and accompanied by a report thereon
of a firm of independent public accountants of recognized national standing selected
by the Company to the effect that the consolidated financial statements present
fairly, in all material respects, the consolidated financial position of the Company
and its Consolidated Subsidiaries as of the end of the fiscal year being reported on
and the consolidated results of the operations and cash flows for said year in
conformity with GAAP and that the examination of such accountants in connection with
such financial statements has been conducted in accordance with generally accepted
auditing standards and included such tests of the accounting records and such other
auditing procedures as said accountants deemed necessary in the circumstances,
provided, that the Company may comply with the requirements of this
paragraph (ii) by furnishing within the period described above, the Company’s Annual
Report on Form 10-K as filed with the Securities and Exchange Commission and
provided further that the Company also may comply with the
requirements of this paragraph (ii) by publishing such documents or data on its
Internet web page or in another publicly accessible electronic database, unless any
Lender at any time makes a written request for hard copy disclosure only.

(iii) SEC and Other Reports. Promptly after filing, copies of any Form
10-Q, Form 8-K, proxy materials or similar general report or notice filed with the
Securities and Exchange Commission and sent by the Company to shareholders
generally, and upon any Lender’s request, one copy of any other financial statement
(other than financial statements contemplated in paragraphs (i) and (ii) above),
report, notice or proxy statement sent by the Company to shareholders generally and
of each regular or periodic report (other than financial statements contemplated in
paragraphs (i) and (ii) above), and any registration statement or prospectus filed
by the Company or any Subsidiary with the Securities and Exchange Commission or any
successor agency not accorded confidential status by the Securities and Exchange
Commission; and provided further that the Company may also comply
with this paragraph (iii) by publishing such data or documents on its Internet web
page or in another publicly accessible electronic database, unless any Lender at any
time makes a written request for hard copy disclosure only.

(iv) Officer’s Certificates. Within the period provided in paragraphs
(i) and (ii) above, a certificate of an authorized financial officer of the Company
stating that such officer has reviewed the provisions of this Agreement and setting
forth: (A) the information and computations (in sufficient detail) required in
order to establish whether the Company was in compliance with the requirements of
Section 5.01(f) at the end of the fiscal period covered by the financial statements
then being furnished, and (B) whether there existed as of the date of such financial
statements and whether, to the best of such officer’s knowledge, there exists on the
date of the certificate any Default and, if any such Default exists on the date of
the certificate, specifying the nature and period of existence thereof and the
action the Company is taking and proposes to take with respect thereto,
provided, however, that delivery to the Agent pursuant to Section
9.02(b) of the certificates requested in this paragraph (iv) within the period
provided in paragraphs (i) and (ii) above shall be deemed to satisfy the requirement
set forth in this paragraph (iv);

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(v) Accountants’ Certificates. Within the period provided in paragraph
(ii) above, a certificate of the accountants who render an opinion with respect to
such financial statements, stating that they have reviewed Section 5.01(f) and
stating further that, in making their audit, such accountants have not become aware
of any Default under any of the terms or provisions of such Sections insofar as any
such terms or provisions pertain to or involve accounting matters or determinations,
and if any such Default then exists, specifying the nature and period of existence
thereof, provided, however, that such accountants shall not be
liable to any Lender or any successor or assignee of any Lender, directly or
indirectly, for failure to obtain knowledge of any such Default which failure is not
attributable to the negligence or misconduct of such accountants, provided,
however, that delivery to the Agent pursuant to Section 9.02(b) of the
certificates requested in this paragraph (v) within the period provided in
paragraphs (i) and (ii) above shall be deemed to satisfy the requirement set forth
in this paragraph (v);

(vi) Defaults. As soon as possible and in any event within five
Business Days after a Responsible Officer of the Company has actual knowledge of the
occurrence of each Default continuing on the date of such statement, a statement of
the chief financial officer of the Company setting forth details of such Default and
the action that the Company has taken and proposes to take with respect thereto; and

(vii) Requested Information. With reasonable promptness, such other
data and information regarding the financial condition of the Company and its
Subsidiaries as any Lender through the Agent may reasonably request. Without
limiting the foregoing, upon a reasonable request made in writing to the Company,
the Company will, subject to applicable regulations of the Federal government
relating to classified information and reasonable security and safety regulations of
the Company, permit the Agent or any Lender (or such person as the Agent or such
Lender may designate on its behalf) to visit the headquarters of the Company and to
examine the books of account of the Company and its Subsidiaries as reflect the
creditworthiness of the Company, to make copies and extracts therefrom and to
discuss the affairs, finances and accounts of the Company and its Subsidiaries with
its officers and employees at all such reasonable times and as often as may be
reasonably requested, provided, that nothing contained in this sentence
shall require the Company to divulge or otherwise make available the Company’s trade
secrets, processes, other know-how and proprietary property or information.

ARTICLE VI

EVENTS OF DEFAULT

SECTION 6.01. Events of Default. If any of the following events (“Events of
Default”) shall occur and be continuing:

(a) (i) Any Borrower shall fail to pay any principal of any Advance when the same
becomes due and payable; or (ii) any Borrower shall fail to pay any interest on any Advance
within five Business Days after the same becomes due and payable, or (iii) any Borrower
shall fail to pay any fee payable under Section 2.05 within five Business Days after written
notice by the Agent or any Lender that the same is due and payable; or

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(b) Any representation or warranty made by the Company herein or by any Borrower (or
any of its officers) in connection with this Agreement, or by any Designated Subsidiary in
the Designation Letter pursuant to which such Designated Subsidiary became a Borrower, shall
prove to have been incorrect in any material adverse respect when made; or

(c) (i) The Company shall fail to perform or observe any term, covenant or agreement
contained in Section 2.11(b)(ii) or Section 5.01(a)(i), (f), (g), (h), (j) or (k), or (ii)
the Company shall fail to perform or observe any other term, covenant or agreement contained
in this Agreement on its part to be performed or observed if such failure shall remain
unremedied for 30 days after written notice thereof shall have been given to the Company by
the Agent or any Lender; or

(d) The Company or any of its Restricted Subsidiaries shall fail to pay any principal
of or premium or interest on any obligation for borrowed money that is outstanding in a
principal amount of at least $75,000,000 in the aggregate (but excluding obligations for
borrowed money outstanding hereunder and obligations for borrowed money owed to the Company
or any such Subsidiary) of the Company or such Subsidiary (as the case may be), when the
same becomes due and payable (whether by scheduled maturity, required prepayment,
acceleration, demand or otherwise), or any other event shall occur or condition shall exist
under any agreement or instrument relating to any such obligations for borrowed money and
shall continue after the applicable grace period, if any, specified in such agreement or
instrument, if the effect of such failure to pay or other event or condition is to
accelerate the maturity of such obligation for borrowed money; or

(e) The Company or any of its Restricted Subsidiaries shall generally not pay its debts
as such debts become due, or shall admit in writing its inability to pay its debts
generally, or shall make a general assignment for the benefit of creditors; or any
proceeding shall be instituted by or against the Company or any of its Restricted
Subsidiaries seeking to adjudicate it a bankrupt or insolvent, or seeking liquidation,
winding up, reorganization, arrangement, adjustment, protection, relief, or composition of
it or its debts under any law relating to bankruptcy, insolvency or reorganization or relief
of debtors, or seeking the entry of an order for relief or the appointment of a receiver,
trustee, custodian or other similar official for it or for any substantial part of its
property and, in the case of any such proceeding instituted against it (but not instituted
by it), either such proceeding shall remain undismissed or unstayed for a period of 60 days,
or any of the actions sought in such proceeding (including, without limitation, the entry of
an order for relief against, or the appointment of a receiver, trustee, custodian or other
similar official for, it or for any substantial part of its property) shall occur; or the
Company or any of its Restricted Subsidiaries shall take any corporate action to authorize
any of the actions set forth above in this subsection (e); or

(f) Judgments or orders for the payment of money in excess of $75,000,000 in the
aggregate shall be rendered against the Company or any of its Restricted Subsidiaries and
either (i) enforcement proceedings shall have been commenced by any creditor upon such
judgment or order or (ii) there shall be any period of 30 consecutive days during which a
stay of enforcement of such judgment or order, by reason of a pending appeal or otherwise,
shall not be in effect; provided, however, that any such judgment or order
shall not be an Event of Default under this Section 6.01(f) if, for so long as and to the
extent that (i) the amount of such judgment or order is covered by a valid and binding
policy of insurance between the defendant and the insurer covering payment thereof and (ii)
such insurer, which shall be rated at least “A” by A.M. Best Company, has been notified of,
and has not disputed the claim made for payment of, the amount of such judgment or order;

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then, and in any such event, the Agent (i) shall at the request, or may with the consent, of the
Required Lenders, by notice to the Borrowers, declare the obligation of each Lender to make
Advances (other than Revolving Credit Advances by an Issuing Bank or a Lender pursuant to Section
2.04(c)) and the obligation of the Issuing Banks to issue Letters of Credit to be terminated,
whereupon the same shall forthwith terminate, and (ii) shall at the request, or may with the
consent, of the Required Lenders, by notice to the Borrowers, declare the Advances, all interest
thereon and all other amounts payable under this Agreement to be forthwith due and payable,
whereupon the Advances, all such interest and all such amounts shall become and be forthwith due
and payable, without presentment, demand, protest or further notice of any kind, all of which are
hereby expressly waived by the Borrowers; provided, however, that in the event of
an actual or deemed entry of an order for relief with respect to any Borrower under any Bankruptcy
Law, (A) the obligation of each Lender to make Advances (other than Revolving Credit Advances by an
Issuing Bank or a Lender pursuant to Section 2.04(c)) and the obligation of the Issuing Banks to
issue Letters of Credit shall automatically be terminated and (B) the Advances, all such interest
and all such amounts shall automatically become and be due and payable, without presentment,
demand, protest or any notice of any kind, all of which are hereby expressly waived by the
Borrowers.

SECTION 6.02. Actions in Respect of the Letters of Credit upon Default. If any Event
of Default shall have occurred and be continuing, the Agent may with the consent, or shall at the
request, of the Required Lenders, irrespective of whether it is taking any of the actions described
in Section 6.01 or otherwise, make demand upon the Borrowers to, and forthwith upon such demand the
Borrowers will, at the Borrowers’ option, (a) pay to the Agent on behalf of the Lenders in same day
funds at the Agent’s office designated in such demand, for deposit in the L/C Cash Collateral
Account, an amount equal to the
aggregate Available Amount of all Letters of Credit then outstanding (but only to the extent
such Available Amount has not already been Cash Collateralized) or (b) within two Business Days
after such demand, make such other arrangements in respect of the outstanding Letters of Credit as
shall be acceptable to the Required Lenders. If at any time the Agent determines that any funds
held in the L/C Cash Collateral Account are subject to any right or claim of any Person other than
the Agent and the Lenders or that the total amount of such funds is less than the aggregate
Available Amount of all Letters of Credit, the Borrowers will, forthwith upon demand by the Agent,
pay to the Agent, as additional funds to be deposited and held in the L/C Cash Collateral Account,
an amount equal to the excess of (a) such aggregate Available Amount over (b) the total amount of
funds, if any, then held in the L/C Cash Collateral Account that the Agent determines to be free
and clear of any such right and claim. Upon the drawing of any Letter of Credit, to the extent
funds are on deposit in the L/C Cash Collateral Account, such funds shall be applied to reimburse
the Issuing Banks to the extent permitted by applicable law. If any Letter of Credit expires and
is undrawn, the Agent shall promptly deliver to the Borrowers the funds in the L/C Cash Collateral
Account relating to such Letter of Credit. All interest and other amounts, if any, earned in the
L/C Cash Collateral Account shall be for the account of the Borrowers.

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ARTICLE VII

GUARANTY

SECTION 7.01. Guaranty. The Company hereby absolutely, unconditionally and
irrevocably guarantees the punctual payment when due, whether at scheduled maturity or on any date
of a required prepayment or by acceleration, demand or otherwise, of all obligations of each other
Borrower now or hereafter existing under or in respect of this Agreement or any Note (including,
without limitation, any extensions, modifications, substitutions, amendments or renewals of any or
all of the foregoing obligations), whether direct or indirect, absolute or contingent, and whether
for principal, interest, premiums, fees, indemnities, contract causes of action, costs, expenses or
otherwise (such obligations being the “Guaranteed Obligations”), and agrees to pay any and
all expenses (including, without limitation, fees and expenses of counsel) incurred by the Agent or
any Lender in enforcing any rights under this Guaranty. Without limiting the generality of the
foregoing, the Company’s liability shall extend to all amounts that constitute part of the
Guaranteed Obligations and would be owed by any other Borrower to the Agent or any Lender under or
in respect of this Agreement but for the fact that they are unenforceable or not allowable due to
the existence of a bankruptcy, reorganization or similar proceeding involving such Borrower.
Notwithstanding anything in this Article VII or elsewhere in this Agreement to the contrary, prior
to the payment by the Company of any of the Guaranteed Obligations hereunder, the Agent shall give
the Company written notice of the event that gave rise to the demand for payment therefor and shall
provide the Company five Business Days within which to cure or otherwise remedy, or cause the
appropriate Borrower to cure or otherwise remedy, such event.

SECTION 7.02. Guaranty Absolute. The Company guarantees that the Guaranteed
Obligations will be paid strictly in accordance with the terms of this Agreement, regardless of any
law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms
or the rights of the Agent or any Lender with respect thereto. The obligations of the Company
under or in respect of this Guaranty are independent of the Guaranteed Obligations or any other
obligations of any other Borrower under or in respect of this Agreement, and a separate action or
actions may be brought and prosecuted against the Company to enforce this Guaranty, irrespective of
whether any action is brought against any other Borrower or whether any other Borrower is joined in
any such action or actions. The liability of the Company under this Guaranty shall be irrevocable,
absolute and unconditional irrespective of, and the Company hereby irrevocably waives any defenses
it may now have or hereafter acquire in any way relating to, any or all of the following:

(a) any lack of validity or enforceability of this Agreement or any agreement or
instrument relating thereto;

(b) any change in the time, manner or place of payment of, or in any other term of, all
or any of the Guaranteed Obligations or any other obligations of any other Borrower under or
in respect of this Agreement, or any other amendment or waiver of or any consent to
departure from this Agreement, including, without limitation, any increase in the Guaranteed
Obligations resulting from the extension of additional credit to any Borrower or any of its
Subsidiaries or otherwise;

(c) any taking, exchange, release or non-perfection of any collateral, or any taking,
release or amendment or waiver of, or consent to departure from, any other guaranty, for all
or any of the Guaranteed Obligations;

(d) any manner of application of any collateral, or proceeds thereof, to all or any of
the Guaranteed Obligations, or any manner of sale or other disposition of any collateral for
all or any of the Guaranteed Obligations or any other obligations of any Borrower under this
Agreement or any other assets of any Borrower or any of its Subsidiaries;

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(e) any change, restructuring or termination of the corporate structure or existence of
any Borrower or any of its Subsidiaries;

(f) any failure of the Agent or any Lender to disclose to the Company any information
relating to the business, condition (financial or otherwise), operations, performance,
properties or prospects of any other Borrower now or hereafter known to the Agent or such
Lender (the Company waiving any duty on the part of the Agent and the Lenders to disclose
such information);

(g) the failure of any other Person to execute or deliver any other guaranty or
agreement or the release or reduction of liability of the Company or other guarantor or
surety with respect to the Guaranteed Obligations; or

(h) any other circumstance (including, without limitation, any statute of limitations,
but not including payment) or any existence of or reliance on any representation by the
Agent or any Lender that might otherwise constitute a defense available to, or a discharge
of, the Company, any Borrower or any other guarantor or surety.

This Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time
any payment of any of the Guaranteed Obligations is rescinded or must otherwise be returned by the
Agent or any Lender or any other Person upon the insolvency, bankruptcy or reorganization of the
Company or any other Borrower or otherwise, all as though such payment had not been made.

SECTION 7.03. Waivers and Acknowledgments. (a) The Company hereby unconditionally
and irrevocably waives promptness, diligence, notice of acceptance, presentment, demand for
performance, notice of nonperformance, default, acceleration, protest or dishonor and any other
notice with respect to any of the Guaranteed Obligations and this Guaranty and any requirement that
the Agent or any Lender protect, secure, perfect or insure any Lien or any property subject thereto
or exhaust any right or take any action against any Borrower or any other Person or any collateral.

(b) The Company hereby unconditionally and irrevocably waives any right to revoke this
Guaranty and acknowledges that this Guaranty is continuing in nature and applies to all Guaranteed
Obligations, whether existing now or in the future.

(c) The Company hereby unconditionally and irrevocably waives (i) any defense arising by
reason of any claim or defense based upon an election of remedies by the Agent or any Lender that
in any manner impairs, reduces, releases or otherwise adversely affects the subrogation,
reimbursement, exoneration, contribution or indemnification rights of the Company or other rights
of the Company to proceed against any of the Agent or the Lenders, any other guarantor or any other
Person or any collateral and (ii) any defense based on any right of set-off or counterclaim against
or in respect of the obligations of the Company hereunder.

(d) The Company hereby unconditionally and irrevocably waives any duty on the part of the
Agent or any Lender to disclose to the Company any matter, fact or thing relating to the business,
condition (financial or otherwise), operations, performance, properties or prospects of any other
Borrower or any of its Subsidiaries now or hereafter known by the Agent or such Lender.

(e) The Company acknowledges that it will receive substantial direct and indirect benefits
from the financing arrangements contemplated by this Agreement and that the waivers set forth in
Section 7.02 and this Section 7.03 are knowingly made in contemplation of such benefits.

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SECTION 7.04. Subrogation. The Company hereby unconditionally and irrevocably agrees
not to exercise any rights that it may now have or hereafter acquire against any other Borrower or
any other insider guarantor that arise from the existence, payment, performance or enforcement of
the Company’s obligations under or in respect of this Guaranty, including, without limitation, any
right of subrogation, reimbursement, exoneration, contribution or indemnification and any right to
participate in any claim or remedy of the Agent or any Lender against any other Borrower or any
other insider guarantor or any collateral, whether or not such claim, remedy or right arises in
equity or under contract, statute or common law, including, without limitation, the right to take
or receive from any other Borrower or any other insider guarantor, directly or indirectly, in cash
or other property or by set-off or in any other manner, payment or security on account of such
claim, remedy or right, unless and until all of the Guaranteed Obligations and all other amounts
payable under this Guaranty shall have been indefeasibly paid in full in cash and the Commitments
shall have expired or been terminated. If any amount shall be paid to the Company in violation of
the immediately preceding sentence at any time prior to the later of (a) the payment in full in
cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (b) the
Termination Date, such amount shall be received and held in trust for the benefit of the Agent and
the Lenders, shall be segregated from other property and funds of the Company and shall forthwith
be paid or delivered to the Agent in the same form as so received (with any necessary endorsement
or assignment) to be credited and applied to the Guaranteed Obligations and all other amounts
payable under this Guaranty, whether matured or unmatured, in accordance with the terms of this
Agreement, or to be held as collateral for any Guaranteed Obligations or other amounts payable
under this Guaranty thereafter arising. If (i) the Company shall make payment to the Agent or any
Lender of all or any part of the Guaranteed Obligations, (ii) all of the Guaranteed Obligations and
all other amounts payable under this Guaranty shall have been indefeasibly paid in full in cash and
(iii) the Termination Date shall have occurred, the Agent and the Lenders will, at the Company’s
request and expense, execute and deliver to the Company appropriate documents, without recourse and
without representation or warranty, necessary to evidence the transfer by subrogation to the
Company of an interest in the Guaranteed Obligations resulting from such payment made by the
Company pursuant to this Guaranty.

SECTION 7.05. Continuing Guaranty; Assignments. This Guaranty is a continuing
guaranty and shall (a) remain in full force and effect until the latest of (i) the payment in full
in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty and (ii)
the Termination Date, (b) be binding upon the Guarantor, its successors and assigns and (c) inure
to the benefit of and be enforceable by the Agent and the Lenders and their successors, transferees
and assigns. Without limiting the generality of clause (c) of the immediately preceding sentence,
the Agent or any Lender may assign or otherwise transfer all or any portion of its rights and
obligations under this Agreement (including, without limitation, all or any portion of its
Commitments, the Advances owing to it and the Note or Notes held by it) to any other Person, and
such other Person shall thereupon become vested with all the benefits in respect thereof granted to
the Agent or such Lender herein or otherwise, in each case as and to the extent provided in Section
9.06. The Guarantor shall not have the right to assign its rights hereunder or any interest herein
without the prior written consent of the Agent and the Lenders.

ARTICLE VIII

THE AGENT

SECTION 8.01. Appointment and Authority. Each of the Lenders and the Issuing Banks
hereby irrevocably appoints Citibank, N.A. to act on its behalf as the Agent hereunder and under
the Notes and authorizes the Agent to take such actions on its behalf and to exercise such powers
as are delegated to the Agent by the terms hereof or thereof, together with such actions and powers
as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of
the Agent, the Lenders and the Issuing Banks, and the Borrowers shall not have rights as a
third-party beneficiary of any of such provisions (except as otherwise provided in Section 8.07).
It is understood and agreed that the use of the term “agent” herein or in any Notes (or any other
similar term) with reference to the Agent is not intended to connote any fiduciary or other implied
(or express) obligations arising under agency doctrine of any applicable law. Instead such term is
used as a matter of market custom, and is intended to create or reflect only an administrative
relationship between contracting parties.

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SECTION 8.02. Rights as a Lender. The Person serving as the Agent hereunder shall
have the same rights and powers in its capacity as a Lender as any other Lender and may exercise
the same as though it were not the Agent, and the term “Lender” or “Lenders” shall, unless
otherwise expressly indicated or unless the context otherwise requires, include the Person serving
as the Agent hereunder in its individual capacity. Such Person and its Affiliates may accept
deposits from, lend money to, own securities of, act as the financial advisor or in any other
advisory capacity for, and generally engage in any kind of business with, the Company or any
Subsidiary or other Affiliate thereof as if such Person were not the Agent hereunder and without
any duty to account therefor to the Lenders.

SECTION 8.03. Exculpatory Provisions. (a) The Agent shall not have any duties or
obligations except those expressly set forth herein, and its duties hereunder shall be
administrative in nature. Without limiting the generality of the foregoing, the Agent:

(i) shall not be subject to any fiduciary or other implied duties, regardless of whether a
Default has occurred and is continuing;

(ii) shall not have any duty to take any discretionary action or exercise any discretionary
powers, except discretionary rights and powers expressly contemplated hereby that the
Agent is required to exercise as directed in writing by the Required Lenders (or such other
number or percentage of the Lenders as shall be expressly provided for herein); provided
that the Agent shall not be required to take any action that, in its opinion or the opinion of its
counsel, may expose the Agent to liability or that is contrary to this Agreement or applicable law,
including for the avoidance of doubt any action that may be in violation of the automatic stay
under any debtor relief law or that may effect a forfeiture, modification or termination of
property of a Defaulting Lender in violation of any debtor relief law; and

(iii) shall not, except as expressly set forth herein, have any duty to disclose, and shall
not be liable for the failure to disclose, any information relating to the Company or any of its
Affiliates that is communicated to or obtained by the Person serving as the Agent or any of its
Affiliates in any capacity.

(b) The Agent shall not be liable for any action taken or not taken by it (i) with the consent
or at the request of the Required Lenders (or such other number or percentage of the Lenders as
shall be necessary, or as the Agent shall believe in good faith shall be necessary, under the
circumstances as provided in Sections 9.01 and 6.01), or (ii) in the absence of its own gross
negligence or willful misconduct as determined by a court of competent jurisdiction by final and
non-appealable judgment. The Agent shall be deemed not to have knowledge of any Default unless and
until notice describing such Default is given to the Agent in writing by a Borrower, a Lender or an
Issuing Bank.

(c) The Agent shall not be responsible for or have any duty to ascertain or inquire into (i)
any statement, warranty or representation made in or in connection with this Agreement, (ii) the
contents of any certificate, report or other document delivered hereunder or thereunder or in
connection herewith or therewith, (iii) the performance or observance of any of the covenants,
agreements or other terms or conditions set forth herein or therein or the occurrence of any
Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement or any
other agreement, instrument or document, or (v) the satisfaction of any condition set forth in
Article III or elsewhere herein, other than to confirm receipt of items expressly required to be
delivered to the Agent.

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SECTION 8.04. Reliance by Agent. The Agent shall be entitled to rely upon, and shall
not incur any liability for relying upon, any notice, request, certificate, consent, statement,
instrument, document or other writing (including any electronic message, Internet or intranet
website posting or other distribution) believed by it to be genuine and to have been signed, sent
or otherwise authenticated by the proper Person. The Agent also may rely upon any statement made
to it orally or by telephone and believed by it to have been made by the proper Person, and shall
not incur any liability for relying thereon. In determining compliance with any condition
hereunder to the making of a Loan, or the issuance, extension, renewal or increase of a Letter of
Credit, that by its terms must be fulfilled to the satisfaction of a Lender or an Issuing Bank, the
Agent may presume that such condition is satisfactory to such Lender or Issuing Bank unless the
Agent shall have received notice to the contrary from such Lender or Issuing Bank prior to the
making of such Loan or the issuance of such Letter of Credit. The Agent may consult with legal
counsel (who may be counsel for the Company), independent accountants and other experts selected by
it, and shall not be liable for any action taken or not taken by it in accordance with the advice
of any such counsel, accountants or experts.

SECTION 8.05. Indemnification. (a) The Lenders (other than the Designated Bidders)
agree to indemnify the Agent (to the extent not reimbursed by a Borrower), ratably according to the
respective principal amounts of the Revolving Credit Advances then owed to each of them (or if no
Revolving Credit Advances are at the time outstanding, ratably according to the respective amounts
of their Commitments), from and against any and all liabilities, obligations, losses, damages,
penalties, actions, judgments, suits, costs, expenses or disbursements of any
kind or nature whatsoever that may be imposed on, incurred by, or asserted against the Agent
in any way relating to or arising out of this Agreement or any action taken or omitted by the Agent
under this Agreement (collectively, the “Indemnified Costs”), provided that no
Lender shall be liable for any portion of the Indemnified Costs resulting from the Agent’s gross
negligence or willful misconduct. Without limitation of the foregoing, each Lender (other than the
Designated Bidders) agrees to reimburse the Agent promptly upon demand for its ratable share of any
out-of-pocket expenses (including reasonable counsel fees) incurred by the Agent in connection with
the preparation, execution, delivery, administration, modification, amendment or enforcement
(whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of
rights or responsibilities under, this Agreement, to the extent that the Agent is not reimbursed
for such expenses by a Borrower. In the case of any investigation, litigation or proceeding giving
rise to any Indemnified Costs, this Section 8.05 applies whether any such investigation, litigation
or proceeding is brought by the Agent, any Lender or a third party.

(b) Each Lender (other than the Designated Bidders) severally agrees to indemnify the Issuing
Banks (to the extent not reimbursed by a Borrower in accordance with this Agreement) from and
against such Lender’s ratable share (determined as provided below) of any and all liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or asserted
against any such Issuing Bank in any way relating to or arising out of this Agreement or any action
taken or omitted by such Issuing Bank hereunder or in connection herewith; provided,
however, that no Lender shall be liable for any portion of such liabilities, obligations,
losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements resulting
from such Issuing Bank’s gross negligence or willful misconduct as found in a final, non-appealable
judgment by a court of competent jurisdiction. Without limitation of the foregoing, each Lender
(other than the Designated Bidders) agrees to reimburse any such Issuing Bank promptly upon demand
for its ratable share of any costs and expenses (including, without limitation, fees and expenses
of counsel) payable by a Borrower under Section 9.04, to the extent that such Issuing Bank is not
reimbursed for such costs and expenses by a Borrower in accordance with the terms of this
Agreement.

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(c) For purposes of this Section 8.05, the Lenders’ respective ratable shares of any amount
shall be determined, at any time, according to the sum of (i) the aggregate principal amount of the
Revolving Credit Advances outstanding at such time and owing to the respective Lenders, (ii) their
respective Pro Rata Shares of the aggregate Available Amount of all Letters of Credit outstanding
at such time and (iii) their respective Unused Commitments at such time; provided that the
aggregate principal amount of Revolving Credit Advances owing to the Issuing Banks as a result of
drawings under Letters of Credit shall be considered to be owed to the Lenders ratably in
accordance with their respective Revolving Credit Commitments. The failure of any Lender to
reimburse the Agent or any such Issuing Bank, as the case may be, promptly upon demand for its
ratable share of any amount required to be paid by the Lenders to the Agent or such Issuing Bank,
as the case may be, as provided herein shall not relieve any other Lender of its obligation
hereunder to reimburse the Agent or such Issuing Bank, as the case may be, for its ratable share of
such amount, but no Lender shall be responsible for the failure of any other Lender to reimburse
the Agent or any such Issuing Bank, as the case may be, for such other Lender’s ratable share of
such amount. Without prejudice to the survival of any other agreement of any Lender hereunder, the
agreement and obligations of each Lender contained in this Section 8.05 shall survive the payment
in full of principal, interest and all other amounts payable hereunder and under the Notes.

SECTION 8.06. Delegation of Duties. The Agent may perform any and all of its duties
and exercise its rights and powers hereunder or under any Notes by or through any one or more
sub-agents appointed by the Agent. The Agent and any such sub-agent may perform any and all of its
duties and exercise its rights and powers by or through their
respective Related Parties. The exculpatory provisions of this Article shall apply to any
such sub-agent and to the Related Parties of the Agent and any such sub-agent, and shall apply to
their respective activities in connection with the syndication of the Facilities as well as
activities as Agent. The Agent shall not be responsible for the negligence or misconduct of any
sub agents except to the extent that a court of competent jurisdiction determines in a final and
non-appealable judgment that the Agent acted with gross negligence or willful misconduct in the
selection of such sub agents.

SECTION 8.07. Resignation of Agent. (a) The Agent may at any time give notice of its
resignation to the Lenders, the Issuing Banks and the Company. Upon receipt of any such notice of
resignation, the Required Lenders shall have the right to appoint a successor, which shall be a
bank with an office in the United States or an Affiliate of any such bank with an office in the
United States; provided, that, unless an Event of Default shall exist and be continuing,
such successor Agent shall be subject to the approval of the Company. 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 Agent gives notice of its resignation (or such earlier day as shall be
agreed by the Required Lenders) (the “Resignation Effective Date”), then the retiring Agent
may (but shall not be obligated to), on behalf of the Lenders and the Issuing Banks, appoint a
successor Agent meeting the qualifications set forth above. Whether or not a successor has been
appointed, such resignation shall become effective in accordance with such notice on the
Resignation Effective Date.

(b) If the Person serving as Agent is a Defaulting Lender pursuant to clause (v) of the
definition thereof (i) the Required Lenders may, by notice in writing to the Company and such
Person or (ii) the Company may, with the written consent of the Required Lenders, by notice in
writing to such Person, remove such Person as Agent, to the extent permitted by applicable law, and
appoint a successor; provided, that, unless an Event of Default shall exist and be
continuing, such successor Agent shall be subject to the approval of the Company. If no such
successor shall have been so appointed by the Required Lenders and shall have accepted such
appointment within 30 days (or such earlier day as shall be agreed by the Required Lenders) (the
“Removal Effective Date”), then such removal shall nonetheless become effective in
accordance with such notice on the Removal Effective Date.

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(c) With effect from the Resignation Effective Date or the Removal Effective Date (as
applicable) (1) the retiring or removed Agent shall be discharged from its duties and obligations
hereunder and under the Notes (except that in the case of any collateral security held by the Agent
on behalf of the Lenders or the Issuing Banks hereunder, the retiring or removed Agent shall
continue to hold such collateral security until such time as a successor Agent is appointed) and
(2) all payments, communications and determinations provided to be made by, to or through the Agent
shall instead be made by or to each Lender and Issuing Bank directly, until such time, if any, as
the Required Lenders appoint a successor Agent as provided for above. Upon the acceptance of a
successor’s appointment as Agent hereunder, such successor shall succeed to and become vested with
all of the rights, powers, privileges and duties of the retiring or removed Agent, and the retiring
or removed Agent shall be discharged from all of its duties and obligations hereunder or under the
Notes. The fees payable by the Company to a successor Agent shall be the same as those payable to
its predecessor unless otherwise agreed between the Company and such successor. After the retiring
or removed Agent’s resignation or removal hereunder, the provisions of this Article and Section
9.04 shall continue in effect for the benefit of such retiring or removed 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 or removed Agent was acting as Agent.

SECTION 8.08. Non-Reliance on Agent and Other Lenders. Each Lender and Issuing Bank
acknowledges that it has, independently and without reliance upon the Agent or any other Lender or
any of their Related Parties
and based on such documents and information as it has deemed appropriate, made its own credit
analysis and decision to enter into this Agreement. Each Lender and Issuing Bank also acknowledges
that it will, independently and without reliance upon the Agent or any other Lender or any of their
Related Parties and based on such documents and information as it shall from time to time deem
appropriate, continue to make its own decisions in taking or not taking action under or based upon
this Agreement, any Note or any related agreement or any document furnished hereunder or
thereunder.

SECTION 8.09. No Other Duties, etc. Anything herein to the contrary notwithstanding,
none of the Bookrunners, Arrangers, syndication agent or co-documentation agent listed on the cover
page hereof shall have any powers, duties or responsibilities under this Agreement or any of the
Notes, except in its capacity, as applicable, as the Agent, a Lender or an Issuing Bank hereunder.

ARTICLE IX

MISCELLANEOUS

SECTION 9.01. Amendments, Etc. No amendment or waiver of any provision of this
Agreement or the Revolving Credit Notes, nor consent to any departure by any Borrower therefrom,
shall in any event be effective unless the same shall be in writing and signed by the Required
Lenders, and then such waiver or consent shall be effective only in the specific instance and for
the specific purpose for which given; provided, however, that no amendment, waiver
or consent shall, unless in writing and signed by each Lender (other than a Designated Bidder)
directly affected thereby, do any of the following: (a) waive any of the conditions specified in
Section 3.01, (b) increase the Commitment of any Lender other than as provided in Section 2.19, (c)
reduce the principal of, or interest on, the Revolving Credit Advances or any fees or other amounts
payable hereunder, (d) postpone any date fixed for any payment of principal of, or interest on, the
Revolving Credit Advances or any fees or other amounts payable hereunder other than as provided in
Section 2.20, (e) change the percentage of the Revolving Credit Commitments, the aggregate
Available Amount of outstanding Letters of Credit or of the aggregate unpaid principal amount of
the Revolving Credit Advances, or the number of Lenders, that shall be required for the Lenders or
any of them to take any action hereunder, (f) release the Company from any of its obligations under
Article VII or (g) amend this Section 9.01; and provided further that no amendment,
waiver or consent shall, unless in writing and signed by the Agent in addition to the Lenders
required above to take such action, affect the rights or duties of the Agent under this Agreement
or any Note; and provided, further, that no amendment, waiver or consent shall,
unless in writing and signed by the Issuing Banks in addition to the Lenders required above to take
such action, affect the rights or obligation of the Issuing Banks in their capacity as Issuing
Banks under this Agreement.

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Anything herein to the contrary notwithstanding, during such period as a Lender is a
Defaulting Lender, to the fullest extent permitted by applicable law, such Lender will not be
entitled to vote in respect of amendments and waivers hereunder except as provided in the
definition of “Required Lenders”, and any amendment, waiver or consent which by its terms requires
the consent of all Lenders or each affected Lender may be effected without the consent of any
Defaulting Lender, provided that any such amendment or waiver that would increase the
Commitment of such Defaulting Lender, postpone the date fixed for any payment of principal or
interest owing to such Defaulting Lender hereunder, reduce the principal of, or interest on, the
Advances or any fees or other amounts owing to such Defaulting Lender hereunder, or alter the terms
of this sentence will require the consent of such Defaulting Lender.

SECTION 9.02. Notices, Etc. (a) Notices Generally. Except in the case of
notices and other communications expressly permitted to be given by
telephone (and except as provided in paragraph (b) 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 facsimile as follows:

(i) if to the Company, to it at Four Coliseum Center, 2730 West Tyvola Road, Charlotte,
North Carolina 28217, Attention: Treasurer, Telecopier No. 704-423-7075, Telephone No.
704-423-8640;

(ii) if to the Agent, Citibank, N.A. at 1615 Brett Road, Building #3, New Castle,
Delaware 19720, Attention of Bank Loan Syndications, Facsimile No. (212) 994-0961; Telephone
No.                     ;

(iii) if to [ _______ ] in its capacity as Issuing Bank, to it at                     , Attention
of                      (Facsimile No.
                    ; Telephone No.
                    ), and if to any other
Issuing Bank, to it at the address provided in writing to the Agent and the Company at the
time of its appointment as an Issuing Bank hereunder;

(iv) if to a Lender, to it at its address (or facsimile number) set forth in its
Administrative Questionnaire.

Notices 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 facsimile shall be deemed to have
been given when sent (except that, if not given during normal business hours for the recipient,
shall be deemed to have been given at the opening of business on the next business day for the
recipient). Notices delivered through electronic communications, to the extent provided in
paragraph (b) below, shall be effective as provided in said paragraph (b).

(b) Electronic Communications. Notices and other communications to the Lenders and
the Issuing Banks hereunder may be delivered or furnished by electronic communication (including
e-mail and Internet or intranet websites) pursuant to procedures approved by the Agent,
provided that the foregoing shall not apply to notices to any Lender or Issuing Bank
pursuant to Article II if such Lender or Issuing Bank, as applicable, has notified the Agent that
it is incapable of receiving notices under such Article by electronic communication. The Agent or
the 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.

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Unless the 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), and (ii) notices or communications posted to an Internet or intranet
website 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 website address therefor; provided that, for both clauses
(i) and (ii) above, if such notice, email 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.

(c) Change of Address, etc. Any party hereto may change its address or facsimile
number for notices and other communications hereunder by notice to the other parties hereto.

(d) Platform.

(i) The Company agrees that the Agent may, but shall not be obligated to, make the
Communications (as defined below) available to the Issuing Banks and the other Lenders by
posting the Communications on Debt Domain, Intralinks, Syndtrak or a substantially similar
electronic transmission system (the “Platform”).

(ii) The Platform is provided “as is” and “as available.” The Agent Parties (as
defined below) do not warrant the adequacy of the Platform and expressly disclaim liability
for errors or omissions in the Communications. 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 any Agent Party in connection with the Communications or the
Platform. In no event shall the Agent or any of its Related Parties (collectively, the
“Agent Parties”) have any liability to the Company, any Lender or any other Person
or entity for damages of any kind, including, without limitation, direct or indirect,
special, incidental or consequential damages, losses or expenses (whether in tort, contract
or otherwise) arising out of the Company’s or the Agent’s transmission of communications
through the Platform, except to the extent that such losses, claims, damages, liabilities or
expenses are determined by a court of competent jurisdiction by a final and non-appealable
judgment to have resulted from the gross negligence or willful misconduct of such Agent
Party. “Communications” means, collectively, any notice, demand, communication,
information, document or other material that the Company provides to the Agent pursuant to
this Agreement or the transactions contemplated therein which is distributed to the Agent
any Lender or any Issuing Bank by means of electronic communications pursuant to this
Section, including through the Platform.

(e) Notwithstanding anything to the contrary contained in this Agreement or any Note, (i) any
notice to the Borrowers or to any one of them required under this Agreement or any such Note that
is delivered to the Company shall constitute effective notice to the Borrowers or to any such
Borrower, including the Company and (ii) any Notice of Borrowing or any notice of Conversion
delivered pursuant to Section 2.09 may be delivered by any Borrower or by the Company, on behalf of
any other Borrower. Each Designated Subsidiary hereby irrevocably appoints the Company as its
authorized agent to receive and deliver notices in accordance with this Section 9.02, and hereby
irrevocably agrees that (A) in the case of clause (i) of the immediately preceding sentence, the
failure of the Company to give any notice referred to therein to any such Designated Subsidiary to
which such notice applies shall not impair or affect the validity of such notice with respect
thereto and (B) in the case of clause (ii) of the immediately preceding sentence, the delivery of
any such notice by the Company, on behalf of any other Borrower, shall be binding on such other
Borrower to the same extent as if such notice had been executed and delivered directly by such
Borrower.

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SECTION 9.03. No Waiver; Remedies. No failure on the part of any Lender or the Agent
to exercise, and no delay in exercising, any right hereunder or under any Note shall operate as a
waiver thereof; nor shall any single or partial exercise of any such right preclude any other or
further exercise thereof or the exercise of any other right. The remedies herein provided are
cumulative and not exclusive of any remedies provided by law.

SECTION 9.04. Costs and Expenses. (a) The Company agrees to pay on demand all costs
and expenses of the Agent in connection with the preparation, execution, delivery, administration,
modification and amendment of this Agreement, the Notes and the other documents to be delivered
hereunder, including, without limitation, (A) all due diligence, syndication (including printing,
distribution and bank meetings), transportation, computer,
duplication, appraisal, consultant, and audit expenses and (B) the reasonable fees and
expenses of counsel for the Agent with respect thereto and with respect to advising the Agent as to
its rights and responsibilities under this Agreement. The Company further agrees to pay on demand
all costs and expenses of the Agent and the Lenders, if any (including, without limitation,
reasonable counsel fees and expenses), in connection with the enforcement (whether through
negotiations, legal proceedings or otherwise) of this Agreement, the Notes and the other documents
to be delivered hereunder, including, without limitation, reasonable fees and expenses of counsel
for the Agent and each Lender in connection with the enforcement of rights under this Section
9.04(a).

(b) The Company agrees to indemnify and hold harmless the Agent and each Lender and each of
their Affiliates and their officers, directors, employees, agents and advisors (each, an
“Indemnified Party”) from and against any and all claims, damages, losses, liabilities and
expenses (including, without limitation, reasonable fees and expenses of counsel) incurred by or
asserted or awarded against any Indemnified Party, in each case arising out of or in connection
with or by reason of (including, without limitation, in connection with any investigation,
litigation or proceeding or preparation of a defense in connection therewith) the Notes, this
Agreement, any of the transactions contemplated herein or the actual or proposed use of the
proceeds of the Advances or the Letters of Credit, except to the extent such claim, damage, loss,
liability or expense is found in a final, non-appealable judgment by a court of competent
jurisdiction to have resulted from such Indemnified Party’s gross negligence or willful misconduct.
In the case of an investigation, litigation or other proceeding to which the indemnity in this
Section 9.04(b) applies, such indemnity shall be effective whether or not such investigation,
litigation or proceeding is brought by the Company, its directors, equityholders or creditors or an
Indemnified Party or any other Person, whether or not any Indemnified Party is otherwise a party
thereto and whether or not the transactions contemplated hereby are consummated. Each Lender, the
Agent and the Company agree not to assert any claim for special, indirect, consequential or
punitive damages against any other party, any of their Affiliates, or any of their respective
directors, officers, employees, attorneys and agents, on any theory of liability, arising out of or
otherwise relating to the Notes, this Agreement, any of the transactions contemplated herein or the
actual or proposed use of the proceeds of the Advances.

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(c) If any payment of principal of, or Conversion of, any Eurocurrency Rate Advance, LIBO Rate
Advance or Local Rate Advance is made by a Borrower to or for the account of a Lender (i) other
than on the last day of the Interest Period for such Advance, as a result of a payment or
Conversion pursuant to Section 2.09, 2.11 or 2.13, acceleration of the maturity of the Notes
pursuant to Section 6.01 or for any other reason, or by an Eligible Assignee to a Lender other than
on the last day of the Interest Period for such Advance upon an assignment of rights and
obligations under this Agreement pursuant to Section 9.06 as a result of a demand by the Company
pursuant to Section 2.22 or (ii) as a result of a payment or Conversion pursuant to Section 2.09,
2.11 or 2.13, the applicable Borrower shall, upon demand by such Lender (with a copy of such demand
to the Agent), pay to the Agent for the account of such Lender any amounts required to compensate
such Lender for any additional losses, costs or expenses that it may reasonably incur as a result
of such payment or Conversion, including, without limitation, any reasonable loss (excluding loss
of anticipated profits), cost or expense incurred by reason of the liquidation or reemployment of
deposits or other funds acquired by any Lender to fund or maintain such Advance. If any
Eurocurrency Rate Advance, LIBO Rate Advance or Local Rate Advance denominated in a Committed
Currency is required to be exchanged into an Equivalent amount of Dollars pursuant to Section 2.09
or 2.13, the Company shall indemnify each Lender for all losses, costs and expenses suffered or
incurred by such Lender as a result of such exchange (including, without limitation, any foreign
exchange loss). If the amount of the Committed Currency purchased by any Lender in the case of a
Conversion or exchange of Advances in the case of Section 2.09 or 2.13 exceeds the sum required to
satisfy such Lender’s liability in respect of such Advances, such Lender agrees to remit to the
Company such excess.

(d) Without prejudice to the survival of any other agreement of the Borrowers hereunder, the
agreements and obligations of the Borrowers contained in Sections 2.12, 2.15 and 9.04 shall survive
the payment in full of principal, interest and all other amounts payable hereunder and under the
Notes.

SECTION 9.05. Binding Effect. This Agreement shall become effective (other than
Sections 2.01 and 2.03, which shall only become effective upon satisfaction of the conditions
precedent set forth in Section 3.01) when it shall have been executed by the Company, the Agent and
the Initial Issuing Banks and when the Agent shall have been notified by the Required Lenders that
each such Lender has executed it and thereafter shall be binding upon and inure to the benefit of
each Borrower, the Agent and each Lender and their respective successors and assigns, except that
no Borrower shall have the right to assign its rights hereunder or any interest herein without the
prior written consent of each Lender.

SECTION 9.06. Assignments, Designations and Participations. (a)
Successors and Assigns Generally. No Lender may assign or otherwise transfer any of its
rights or obligations hereunder except (i) to an assignee in accordance with the provisions of
paragraph (b) of this Section, (ii) by way of participation in accordance with the provisions of
paragraph (e) of this Section, or (iii) by way of pledge or assignment of a security interest
subject to the restrictions of paragraph (g) of this Section (and any other attempted assignment or
transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or
implied, shall be construed to confer upon any Person (other than the parties hereto, their
respective successors and assigns permitted hereby, Participants to the extent provided in
paragraph (e) of this Section and, to the extent expressly contemplated hereby, the Related Parties
of each of the Agent and the Lenders) any legal or equitable right, remedy or claim under or by
reason of this Agreement.

(b) Assignments by Lenders. Any Lender may at any time assign to one or more
assignees all or a portion of its rights and obligations under this Agreement (including all or a
portion of its Commitment and the Advances at the time owing to it); provided that (in each
case with respect to any Facility) any such assignment shall be subject to the following
conditions:

(i) Minimum Amounts.

(A) in the case of an assignment of the entire remaining amount of the assigning
Lender’s Commitment and/or the Advances at the time owing to it (in each case with respect
to any Facility) or in the case of an assignment to a Lender or an Affiliate of a Lender, no
minimum amount need be assigned; and

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(B) in any case not described in paragraph (b)(i)(A) of this Section, the aggregate
amount of the Commitment (which for this purpose includes Advances outstanding thereunder)
or, if the applicable Commitment is not then in effect, the principal outstanding balance of
the Advances of the assigning Lender subject to each such assignment (determined as of the
date the Assignment and Assumption with respect to such assignment is delivered to the Agent
or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade
Date) shall not be less than $20,000,000 (or in the case of an assignment to a Lender,
$5,000,000) or an integral multiple of $1,000,000 in excess thereof, unless each of the
Agent and, so long as no Event of Default has occurred and is continuing, the Company
otherwise consents (each such consent not to be unreasonably withheld or delayed).

(ii) Proportionate Amounts. 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 Advances or the Commitment assigned, except that this clause (ii)
shall not prohibit any Lender from assigning all or a portion of its rights and obligations
among separate Facilities on a non-pro rata basis.

(iii) Required Consents. No consent shall be required for any assignment
except to the extent required by paragraph (b)(i)(B) of this Section and, in addition:

(A) the consent of the Company (such consent not to be unreasonably withheld or
delayed) shall be required unless (x) an Event of Default has occurred and is continuing at
the time of such assignment, or (y) such assignment is to a Lender or an Affiliate of a
Lender; provided that the Company shall be deemed to have consented to any such
assignment unless it shall object thereto by written notice to the Agent within ten Business
Days after having received notice thereof;

(B) the consent of the Agent (such consent not to be unreasonably withheld or delayed)
shall be required for assignments to a Person who is not a Lender or an Affiliate of a
Lender; and

(C) the consent of each Issuing Bank shall be required for any assignment in respect of
the Revolving Credit Facility.

(iv) Assignment and Assumption. The parties to each assignment shall execute
and deliver to the Agent an Assignment and Assumption, together with a processing and
recordation fee of $3,500; provided that the Agent may, in its sole discretion,
elect to waive such processing and recordation fee in the case of any assignment. The
assignee, if it is not a Lender, shall deliver to the Agent an Administrative Questionnaire.

(v) No Assignment to Certain Persons. No such assignment shall be made to (A)
the Company or any of the Company’s Affiliates or Subsidiaries or (B) to any Defaulting
Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder,
would constitute any of the foregoing Persons described in this clause (B).

(vi) No Assignment to Natural Persons. No such assignment shall be made to a
natural Person.

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(vii) Certain Additional Payments. In connection with any assignment of rights
and obligations of any Defaulting Lender hereunder, no such assignment shall be effective
unless and until, in addition to the other conditions thereto set forth herein, the parties
to the assignment shall make such additional payments to the Agent in an aggregate amount
sufficient, upon distribution thereof as appropriate (which may be outright payment,
purchases by the assignee of participations or subparticipations, or other compensating
actions, including funding, with the consent of the Company and the Agent, the applicable
pro rata share of Advances previously requested but not funded by the Defaulting Lender, to
each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay
and satisfy in full all payment liabilities then owed by such Defaulting Lender to the
Agent, each Issuing Bank and each other Lender hereunder (and interest accrued thereon), and
(y) acquire (and fund as appropriate) its full pro rata share of all Advances and
participations in Letters of Credit in accordance with its Pro Rata Share. Notwithstanding
the foregoing, in the event that any assignment of rights and obligations of any Defaulting
Lender hereunder shall become effective under applicable law without compliance with the
provisions of this paragraph, then the assignee of such interest shall be
deemed to be a Defaulting Lender for all purposes of this Agreement until such
compliance occurs.

Subject to acceptance and recording thereof by the Agent pursuant to paragraph (c) of this
Section, from and after the effective date specified in each Assignment and Assumption, the
assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned
by such Assignment and Assumption, have the rights and obligations of a Lender under this
Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by
such Assignment and Assumption, be released from its obligations under this Agreement (and, in the
case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations
under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be
entitled to the benefits of Sections 2.12 and 9.04 and shall continue to be obligated under Section
8.05, in each case with respect to facts and circumstances occurring prior to the effective date of
such assignment; provided, that except to the extent otherwise expressly agreed by the
affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any
claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Any
assignment or transfer by a Lender of rights or obligations under this Agreement that does not
comply with this paragraph shall be treated for purposes of this Agreement as a sale by such Lender
of a participation in such rights and obligations in accordance with paragraph (e) of this Section.

(c) Register. The Agent, acting solely for this purpose as an agent of the Borrowers,
shall maintain at one of its offices in New Castle, Delaware a copy of each Assignment and
Assumption delivered to it and a register for the recordation of the names and addresses of the
Lenders, and the Commitments of, and principal amounts of the Advances owing to, each Lender
pursuant to the terms hereof from time to time (the “Register”). The entries in the
Register shall be conclusive absent manifest error, and the Company, the Agent and the Lenders
shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a
Lender hereunder for all purposes of this Agreement. The Register shall be available for
inspection by the Company and any Lender, at any reasonable time and from time to time upon
reasonable prior notice.

(d) Designated Bidders. (i) Each Lender (other than the Designated Bidders) may
designate one or more banks or other entities to have a right to make Competitive Bid Advances as a
Lender pursuant to Section 2.03; provided, however, that (i) no such Lender shall
be entitled to make more than two such designations, (ii) each such Lender making one or more of
such designations shall retain the right to make Competitive Bid Advances as a Lender pursuant to
Section 2.03, (iii) each such designation shall be to a Designated Bidder and (iv) the parties to
each such designation shall execute and deliver to the Agent, for its acceptance and recording in
the Register, a Designation Agreement. Upon such execution, delivery, acceptance and recording,
from and after the effective date specified in each Designation Agreement, the designee thereunder
shall be a party hereto with a right to make Competitive Bid Advances as a Lender pursuant to
Section 2.03 and the obligations related thereto.

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(ii) By executing and delivering a Designation Agreement, the Lender making the designation
thereunder and its designee thereunder confirm and agree with each other and the other parties
hereto as follows: (i) such Lender makes no representation or warranty and assumes no
responsibility with respect to any statements, warranties or representations made in or in
connection with this Agreement or the execution, legality, validity, enforceability, genuineness,
sufficiency or value of this Agreement or any other instrument or document furnished pursuant
hereto; (ii) such Lender makes no representation or warranty and assumes no responsibility with
respect to the financial condition of any Borrower or the performance or observance by any Borrower
of any of its obligations under this Agreement or any other instrument or document furnished
pursuant hereto; (iii) such designee confirms that it has received a copy of this Agreement,
together with copies of the financial statements referred to in Section 4.01 and such other
documents and information as it has deemed appropriate to make its own
credit analysis and decision to enter into such Designation Agreement; (iv) such designee
will, independently and without reliance upon the Agent, such designating Lender or any other
Lender and based on such documents and information as it shall deem appropriate at the time,
continue to make its own credit decisions in taking or not taking action under this Agreement; (v)
such designee confirms that it is a Designated Bidder; (vi) such designee appoints and authorizes
the Agent to take such action as agent on its behalf and to exercise such powers and discretion
under this Agreement as are delegated to the Agent by the terms hereof, together with such powers
and discretion as are reasonably incidental thereto; and (vii) such designee agrees that it will
perform in accordance with their terms all of the obligations which by the terms of this Agreement
are required to be performed by it as a Lender.

(iii) Upon its receipt of a Designation Agreement executed by a designating Lender and a
designee representing that it is a Designated Bidder, the Agent shall, if such Designation
Agreement has been completed and is substantially in the form of Exhibit D hereto, (i) accept such
Designation Agreement, (ii) record the information contained therein in the Register and (iii) give
prompt notice thereof to the Company.

(e) Participations. Any Lender may at any time, without the consent of, or notice to,
the Company or the Agent, sell participations to any Person (other than a natural Person or the
Company or any of the Company’s Affiliates or Subsidiaries) (each, a “Participant”) in all
or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a
portion of its Commitments and/or the Advances owing to it); provided that (i) such
Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain
solely responsible to the other parties hereto for the performance of such obligations, and (iii)
the Company, the Agent, the Issuing Banks and Lenders shall continue to deal solely and directly
with such Lender in connection with such Lender’s rights and obligations under this Agreement. For
the avoidance of doubt, each Lender shall be responsible for the indemnity under Section 8.05 with
respect to any payments made by such Lender to its Participant(s).

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 described in clause (a) of the first
proviso of Section 9.01 that affects such Participant. The Company agrees that each Participant
shall be entitled to the benefits of Sections 2.12 to the same extent as if it were a Lender and
had acquired its interest by assignment pursuant to paragraph (b) of this Section; provided
that such Participant agrees to be subject to the provisions of Sections 2.22 as if it were an
assignee under paragraph (b) of this Section. To the extent permitted by law, each Participant
also shall be entitled to the benefits of Section 9.04 as though it were a Lender; provided
that such Participant agrees to be subject to Section 9.15 as though it were a Lender.

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Each Lender that sells a participation shall, acting solely for this purpose as an agent of
the Borrowers, maintain a register on which it enters the name and address of each Participant and
each Participant’s rights and/or obligations under this Agreement (the “Participant
Register”); provided that no Lender shall have any obligation to disclose all or any
portion of the Participant Register to any Person except to the extent that such disclosure is
necessary to establish that such Commitment, Advance or other obligation is in registered form
under the Code. 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 participation for all purposes of this Agreement notwithstanding any notice to the
contrary.

(f) Limitations upon Participant Rights. A Participant shall not be entitled to
receive any greater payment under Sections 2.12 or 2.15 than the applicable Lender would have been
entitled to receive with respect to the participation sold to such Participant, unless the sale of the
participation to such Participant is made with the Company’s prior written consent. A Participant
that is organized under the laws of a jurisdiction outside of the United States shall not be
entitled to the benefits of Section 2.14 unless the Company is notified of the participation sold
to such Participant and such Participant agrees, for the benefit of the Company, to comply with
Section 2.15(e) as though it were a Lender.

(g) Certain Pledges. Any Lender may at any time pledge or assign a security interest
in all or any portion of its rights under this Agreement to secure obligations of such Lender,
including any pledge or assignment to secure obligations to a Federal Reserve Bank;
provided that no such pledge or assignment shall release such Lender from any of its
obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

(h) Each Issuing Bank may assign to an Eligible Assignee its rights and obligations or any
portion of the undrawn Letter of Credit Commitment at any time; provided, however,
that (i) the amount of the Letter of Credit Commitment of the assigning Issuing Bank being
assigned pursuant to each such assignment (determined as of the date of the Assignment and
Assumption with respect to such assignment) shall in no event be less than $1,000,000 or an
integral multiple of $1,000,000 in excess thereof, and (ii) the parties to each such assignment
shall execute and deliver to the Agent, for its acceptance and recording in the Register, an
Assignment and Assumption, together with a processing and recordation fee of $3,500.

(i) Notwithstanding anything to the contrary contained herein, any Lender (a “Granting
Lender”) may grant to a special purpose funding vehicle (a “SPC”), identified as such
in writing from time to time by the Granting Lender to the Agent and the Company, the option to
provide to the applicable Borrower all or any part of any Advance that such Granting Lender would
otherwise be obligated to make to such Borrower pursuant to this Agreement; provided that
(i) nothing herein shall constitute a commitment by any SPC to make any Advance, and (ii) if an SPC
elects not to exercise such option or otherwise fails to provide all or any part of such Advance,
the Granting Lender shall be obligated to make such Advance pursuant to the terms hereof. Each SPC
shall have granted its Granting Lender an irrevocable power of attorney to deliver and receive all
communications and notices under this Agreement and to exercise, in its reasonable discretion, on
behalf of such SPC, all of such SPC’s voting rights under this Agreement. No additional Note shall
be required to evidence the Advances or portion thereof made by an SPC and the Granting Lender
shall be deemed to hold its Note as agent for such SPC to the extent of the Advances or portion
thereof funded by such SPC. In addition, any payments for the account of any SPC shall be paid to
its respective Granting Lender as agent for such SPC. The making of an Advance by an SPC hereunder
shall utilize the Commitment of the Granting Lender to the same extent, and as if, such Advance
were made by such Granting Lender (and shall not result in any additional amounts being payable by
any Borrower under this Agreement). Each party

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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 Section 9.06(i), any SPC may (i) with notice to, but
without the prior written consent of, the Company and the Agent and without paying any processing
fee therefor, assign all or a portion of its interests in any Advances to the Granting Lender or to
any financial institutions (consented to by the Company and Agent) providing liquidity and/or
credit support to or for the account of such SPC to support the funding or maintenance of Advances
and (ii) disclose on a confidential basis any non-public information relating to its Advances to
any rating agency, commercial paper dealer or provider of any
surety, guarantee or credit or liquidity enhancement to such SPC. This Section 9.06(i) may
not be amended without the written consent of the SPC.

SECTION 9.07. Confidentiality. Neither the Agent nor any Lender shall disclose any
Confidential Information to any other Person without the consent of the Company, except that each
of the Agent and each of the Lenders may disclose Confidential Information (a) to its Related
Parties (it being understood that the Persons to whom such disclosure is made will be informed of
the confidential nature of such Borrower Information and instructed to keep such Confidential
Information confidential on substantially the same terms as provided herein), (b) to the extent
required or requested by any regulatory authority purporting to have jurisdiction over such Person
or its Related Parties (including any self-regulatory authority, such as the National Association
of Insurance Commissioners); (c) to the extent required by applicable laws or regulations or by any
subpoena or similar legal process; (d) to any other party hereto; (e) in connection with the
exercise of any remedies hereunder or under any Note or any action or proceeding relating to this
Agreement or any Note or the enforcement of rights hereunder or thereunder; (f) subject to an
agreement containing provisions substantially the same as those of this Section, to (i) any
assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights
and obligations under this Agreement, or (ii) any actual or prospective party (or its Related
Parties) to any swap, derivative or other transaction under which payments are to be made by
reference to the Company and its obligations, this Agreement or payments hereunder; (g) on a
confidential basis to (i) any rating agency in connection with rating the Company or its
Subsidiaries or the Facilities or (ii) the CUSIP Service Bureau or any similar agency in connection
with the issuance and monitoring of CUSIP numbers with respect to the Advances; (h) to the extent
such Information (x) becomes publicly available other than as a result of a breach of this Section
9.07 by the Agent or such Lender, or (y) is or becomes available to the Agent or such Lender on a
nonconfidential basis from a source other than the Company and (i) with the consent of the Company.

SECTION 9.08. Governing Law. This Agreement and the Notes shall be governed by, and
construed in accordance with, the laws of the State of New York.

SECTION 9.09. Execution in Counterparts. This Agreement may be executed in any
number of counterparts and by different parties hereto in separate counterparts, each of which when
so executed shall be deemed to be an original and all of which taken together shall constitute one
and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement
by telecopier shall be effective as delivery of a manually executed counterpart of this Agreement.

SECTION 9.10. Judgment. (a) If for the purposes of obtaining judgment in any court
it is necessary to convert a sum due hereunder in Dollars into another currency, the parties hereto
agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall
be that at which in accordance with normal banking procedures the Agent could purchase Dollars with
such other currency at Citibank’s principal office in London at 11:00 A.M. (London time) on the
Business Day preceding that on which final judgment is given.

Five Year Credit Agreement

 

75

 

(b) If for the purposes of obtaining judgment in any court it is necessary to convert a sum
due hereunder in a Foreign Currency into Dollars, the parties agree to the fullest extent that they
may effectively do so, that the rate of exchange used shall be that at which in accordance with
normal banking procedures the Agent could purchase such Foreign Currency with Dollars at Citibank’s
principal office in London at 11:00 A.M. (London time) on the Business Day preceding that on which
final judgment is given.

(c) The obligation of any Borrower in respect of any sum due from it in any currency (the
“Primary Currency”) to any Lender or the Agent hereunder shall, notwithstanding any
judgment in any other currency, be discharged only to the extent that on the Business Day following
receipt by such Lender or the Agent (as the case may be), of any sum adjudged to be so due in such
other currency, such Lender or the Agent (as the case may be) may in accordance with normal banking
procedures purchase the applicable Primary Currency with such other currency; if the amount of the
applicable Primary Currency so purchased is less than such sum due to such Lender or the Agent (as
the case may be) in the applicable Primary Currency, each Borrower agrees, as a separate obligation
and notwithstanding any such judgment, to indemnify such Lender or the Agent (as the case may be)
against such loss, and if the amount of the applicable Primary Currency so purchased exceeds such
sum due to any Lender or the Agent (as the case may be) in the applicable Primary Currency, such
Lender or the Agent (as the case may be) agrees to remit to such Borrower such excess.

SECTION 9.11. Jurisdiction, Etc. (a) Each of the parties hereto irrevocably and
unconditionally agrees that it will not commence any action, litigation or proceeding of any kind
or description, whether in law or equity, whether in contract or in tort or otherwise, against the
Agent, any Lender or any Related Party of the foregoing in any way relating to this Agreement or
any Note or the transactions relating hereto or thereto, in any forum other than the courts of the
State of New York sitting in New York County, and of the United States District Court of the
Southern District of New York, and any appellate court from any thereof, and each of the parties
hereto irrevocably and unconditionally submits to the jurisdiction of such courts and agrees that
all claims in respect of any such action, litigation or proceeding may be heard and determined in
such New York State court or, to the fullest extent permitted by applicable law, in such federal
court. Each of the parties hereto agrees that a final judgment in any such action, litigation or
proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment
or in any other manner provided by law. Each Designated Subsidiary hereby agrees that service of
process in any such action or proceeding brought in the any such New York State court or in such
federal court may be made upon the Company at its address set forth in Section 9.02 and each such
Borrower hereby irrevocably appoints the Company its authorized agent to accept such service of
process, and agrees that the failure of the Company to give any notice of any such service shall
not impair or affect the validity of such service or of any judgment rendered in any action or
proceeding based thereon. The Company hereby further irrevocably consents to the service of
process in any action or proceeding in such courts by the mailing thereof by any parties hereto by
registered or certified mail, postage prepaid, to the Company at its address specified pursuant to
Section 9.02. Nothing in this Agreement shall affect any right that any party may otherwise have
to bring any action or proceeding relating to this Agreement or the Notes in the courts of any
jurisdiction.

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

Five Year Credit Agreement

 

76

 

SECTION 9.12. Designated Subsidiaries. (a) Designation. The Company may at
any time, and from time to time, upon not less than five Business Days’ notice in the case of any
Subsidiary so designated after the Effective Date, notify the Agent that the Company intends to
designate a Subsidiary as a “Designated Subsidiary” for purposes of this Agreement. On or after
the date that is five Business Days after such notice, upon delivery to the Agent and each Lender
of a Designation Letter duly executed by the Company and the respective Subsidiary and
substantially in the form of Exhibit E hereto, such Subsidiary shall thereupon become a “Designated
Subsidiary” for all purposes of this Agreement, and, upon fulfillment of the
applicable conditions set forth in Section 3.02 and after such Designation Letter is accepted
by the Agent, such Subsidiary shall thereupon become a Designated Subsidiary for all purposes of
this Agreement and, as such, shall have all of the rights and obligations of a Borrower hereunder.
The Agent shall promptly notify each Lender of the Company’s notice of such pending designation by
the Company and the identity of the respective Subsidiary. Following the giving of any notice
pursuant to this Section 9.12(a), if the designation of such Designated Subsidiary obligates the
Agent or any Lender to comply with “know your customer” or similar identification procedures in
circumstances where the necessary information is not already available to it, the Company shall,
promptly upon the request of the Agent or any Lender, supply such documentation and other evidence
as is reasonably requested by the Agent or any Lender in order for the Agent or such Lender to
carry out and be satisfied it has complied with the results of all necessary “know your customer”
or other similar checks under all applicable laws and regulations.

If the Company shall designate as a Designated Subsidiary hereunder any Subsidiary not
organized under the laws of the United States or any State thereof, any Lender may, with notice to
the Agent and the Company, fulfill its Commitment by causing an Affiliate of such Lender to act as
the Lender in respect of such Designated Subsidiary (and such Lender shall, to the extent of
Advances made to and participations in Letters of Credit issued for the account of such Designated
Subsidiary, be deemed for all purposes hereof to have pro tanto assigned such Advances and
participations to such Affiliate in compliance with the provisions of Section 9.06).

As soon as practicable after receiving notice from the Company or the Agent of the Company’s
intent to designate a Subsidiary as a Designated Borrower, and in any event no later than five
Business Days after the delivery of such notice, for a Designated Subsidiary that is organized
under the laws of a jurisdiction other than of the United States or a political subdivision
thereof, any Lender that may not legally lend to, establish credit for the account of and/or do any
business whatsoever with such Designated Subsidiary directly or through an Affiliate of such Lender
as provided in the immediately preceding paragraph (a “Protesting Lender”) shall so notify the
Company and the Agent in writing. With respect to each Protesting Lender, the Company shall,
effective on or before the date that such Designated Subsidiary shall have the right to borrow
hereunder, either (A) notify the Agent and such Protesting Lender that the Commitments of such
Protesting Lender shall be terminated; provided that such Protesting Lender shall have received
payment of an amount equal to the outstanding principal of its Advances and/or Letter of Credit
reimbursement obligations, 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 Company or the relevant Designated Subsidiary (in the case of all other amounts),
or (B) cancel its request to designate such Subsidiary as a “Designated Subsidiary” hereunder.

Five Year Credit Agreement

 

77

 

(b) Termination. Upon the request of the Company and the payment and performance in
full of all of the indebtedness, liabilities and obligations of any Designated Subsidiary under
this Agreement and the Notes issued by it, then, so long as at such time such Designated Subsidiary
has not submitted a Notice of Revolving Credit Borrowing, such Designated Subsidiary’s status as a
Borrower and as a Designated Subsidiary shall terminate upon notice to such effect from the Agent
to the Lenders (which notice the Agent shall promptly deliver to the Lenders following its receipt
of such a request from the Company). Thereafter, the Lenders shall be under no further obligation
to make any Advances to such Designated Subsidiary.

SECTION 9.13. No Liability of the Issuing Banks. The Borrowers assume all risks of
the acts or omissions of any beneficiary or transferee of any Letter of Credit with respect to its
use of such Letter of Credit. Neither an Issuing Bank 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 such Issuing Bank 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 the Letter of Credit; or (d) any other circumstances whatsoever in making or failing
to make payment under any Letter of Credit, except that the applicable Borrower shall have a claim
against such Issuing Bank, and such Issuing Bank shall be liable to such Borrower, to the extent of
any direct, but not consequential, damages suffered by such Borrower that such Borrower proves were
caused by (i) such Issuing Bank’s willful misconduct or gross negligence as determined in a final,
non-appealable judgment by a court of competent jurisdiction in determining whether documents
presented under any Letter of Credit comply with the terms of the Letter of Credit or (ii) such
Issuing Bank’s willful failure to make lawful payment under a Letter of Credit after the
presentation to it of a draft and certificates strictly complying with the terms and conditions of
the Letter of Credit. In furtherance and not in limitation of the foregoing, such Issuing Bank may
accept documents that appear on their face to be in order, without responsibility for further
investigation, regardless of any notice or information to the contrary.

SECTION 9.14. Patriot Act Notice. Each Lender and the Agent (for itself and not on
behalf of any Lender) hereby notifies the Company that pursuant to the requirements of the Patriot
Act, it is required to obtain, verify and record information that identifies each Borrower, which
information includes the name and address of such Borrower and other information that will allow
such Lender or the Agent, as applicable, to identify such Borrower in accordance with the Patriot
Act. Each Borrower shall provide, to the extent commercially reasonable, such information and take
such actions as are reasonably requested by the Agent or any Lenders in order to assist the Agent
and the Lenders in maintaining compliance with the Patriot Act.

Five Year Credit Agreement

 

78

 

SECTION 9.15. Right of Setoff. If an Event of Default shall have occurred and be
continuing and upon the request of the Required Lenders to declare the Advances due and payable in
accordance with Section 6.01, each Lender, each Issuing Bank, and each of their respective
Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted
by applicable law, to set off and apply any and all deposits (general or special, time or demand,
provisional or final, in whatever currency) at any time held, and other obligations (in whatever
currency) at any time owing, by such Lender, such Issuing Bank or any such Affiliate, to or for the
credit or the account of any Borrower (but excluding, for the avoidance of doubt, any deposits that
are held in a custodial or fiduciary capacity for a Person other than a Borrower) against any and
all of the obligations of such Borrower now or hereafter existing under this Agreement or any Note
to such Lender or such Issuing Bank or their respective Affiliates, irrespective of whether or not
such Lender, Issuing Bank or Affiliate shall have made any demand under this Agreement or any Note
and although such obligations of such Borrower may be contingent or unmatured or are owed to a
branch, office or Affiliate of such Lender or such Issuing Bank different from the branch, office
or Affiliate holding such deposit or obligated on such indebtedness; provided that in the
event that any Defaulting Lender shall exercise any such right of setoff, (x) all amounts so set
off shall be paid over immediately to the Agent for further application in accordance with the
provisions of Section 2.21 and, pending such payment, shall be segregated by such Defaulting Lender
from its other funds and deemed held in trust for the benefit of the Agent, the Issuing Banks, and
the Lenders, and (y) the Defaulting Lender shall provide promptly to the Agent a statement
describing in reasonable detail the obligations owing to such Defaulting Lender as to which it
exercised such right of setoff. The rights of each Lender, each Issuing Bank and their respective
Affiliates under this Section are in addition to other rights and remedies (including other rights
of setoff) that such Lender, such Issuing Bank or their respective Affiliates may have. Each
Lender and Issuing Bank agrees to notify the applicable Borrower and the Agent promptly after any
such setoff and application; provided that the failure to give such notice shall not affect
the validity of such setoff and application.

SECTION 9.16. Electronic Execution of Assignments and Certain Other Documents. The words “execution,” “signed,” “signature,” and words of like import in any Assignment and
Assumption or in any amendment or other modification hereof (including waivers and consents) shall
be deemed to include electronic signatures or the keeping of records in electronic form, each of
which shall be of the same legal effect, validity or enforceability as a manually executed
signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and
as provided for in any applicable law, including the Federal Electronic Signatures in Global and
National Commerce Act, the New York State Electronic Signatures and Records Act, or any other
similar state laws based on the Uniform Electronic Transactions Act.

[Remainder of page intentionally left blank]

Five Year Credit Agreement

 

79

 

SECTION 9.17. Waiver of Jury Trial. The Company, the Agent and the Lenders hereby
irrevocably waives all right to trial by jury in any action, proceeding or counterclaim (whether
based on contract, tort or otherwise) arising out of or relating to this Agreement or the Notes or
the actions of the Agent or any Lender in the negotiation, administration, performance or
enforcement thereof.

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

	 	 	 	 	 
	 	GOODRICH CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	CITIBANK, N.A.,

as Agent, as Initial Issuing Bank and as Lender

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	BANK OF AMERICA, N.A.,

as Initial Issuing Bank and as Lender

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	JPMORGAN CHASE BANK, N.A.,

as Initial Issuing Bank and as Lender

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

Five Year Credit Agreement

 

 

 

	 	 	 	 	 
	 	CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	BARCLAYS BANK PLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	CREDIT SUISSE, CAYMAN ISLANDS BRANCH

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	DEUTSCHE BANK AG NEW YORK BRANCH

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	ROYAL BANK OF CANADA

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	THE ROYAL BANK OF SCOTLAND PLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

Five Year Credit Agreement

 

 

 

	 	 	 	 	 
	 	UBS AG, STAMFORD BRANCH

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	THE BANK OF NEW YORK MELLON

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 Five Year Credit Agreement

 

 

 

SCHEDULE I

GOODRICH CORPORATION

FIVE YEAR CREDIT AGREEMENT

COMMITMENTS

	 	 	 	 	 	 	 	 	 
	 	 	Revolving Credit	 	 	Letter of Credit	 
	Name of Initial Lender	 	Commitment	 	 	Commitment	 
	 
	 	 	 	 	 	 	 	 
	Citibank, N.A.
	 	$	80,000,000	 	 	$	100,000,000	 
	JPMorgan Chase Bank, N.A.
	 	$	80,000,000	 	 	$	100,000,000	 
	Bank of America, N.A.
	 	$	80,000,000	 	 	$	100,000,000	 
	Wells Fargo Bank, National Association
	 	$	52,000,000	 	 	$	0	 
	Credit Agricole Corporate and Investment Bank
	 	$	52,000,000	 	 	$	0	 
	Barclays Bank PLC
	 	$	52,000,000	 	 	$	0	 
	Credit Suisse AG, Cayman Island Branch
	 	$	52,000,000	 	 	$	0	 
	Deutsche Bank AG New York Branch
	 	$	52,000,000	 	 	$	0	 
	Royal Bank of Canada
	 	$	52,000,000	 	 	$	0	 
	The Royal Bank of Scotland plc
	 	$	52,000,000	 	 	$	0	 
	UBS AG, Stamford Branch
	 	$	52,000,000	 	 	$	0	 
	The Bank of New York Mellon
	 	$	44,000,000	 	 	$	0	 
	 
	 	 	 	 	 	 	 	 
	Total:
	 	$	700,000,000	 	 	$	300,000,000	 

Five Year Credit Agreement

 

 

 

SCHEDULE 2.01(b)

GOODRICH CORPORATION

FIVE YEAR CREDIT AGREEMENT

EXISTING LETTERS OF CREDIT

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Issue Date	 	Expiry Date	 	Issuing Bank	 	Number	 	 	Beneficiary	 	Amount	 
	01/16/2003
	 	1/16/2012	 	Bank of America	 	 	3053449	 	 	Liberty Mutual Insurance Company	 	$	2,824,132.00	 
	12/29/2003
	 	8/01/2011	 	Bank of America	 	 	3060815	 	 	Nat’l Union Fire Ins. Co. of Pittsburgh PA	 	$	1,422,000.00	 
	1/03/2001
	 	1/02/2012	 	Bank of America	 	 	3033418	 	 	National Union Fire Insurance	 	$	5,609,000.00	 
	9/15/2003
	 	9/15/2011	 	Bank of America	 	 	3058719	 	 	NJ Department of Environmental	 	$	35,000.00	 
	11/04/2003
	 	11/04/2011	 	Bank of America	 	 	3059301	 	 	CT Dept of Environmental Protection	 	$	1,000,000.00	 
	3/05/2010
	 	1/30/2012	 	Bank of America	 	 	3071075	 	 	Diehl Gmbh	 	$	1,114,484.00	 
	5/07/2010
	 	5/25/2012	 	Bank of America	 	 	3071074	 	 	SAAB	 	$	7,537,231.90	 
	11/15/2004
	 	11/11/2011	 	Bank of America	 	 	3071694	 	 	Wachovia Bank NA	 	$	1,586,176.00	 
	3/02/2009
	 	9/08/2011	 	Bank of America	 	 	3098738	 	 	Sojitz Aerospace America	 	$	1,061,954.80	 
	3/25/2009
	 	9/08/2011	 	Bank of America	 	 	3099035	 	 	Sojitz Aerospace America	 	$	5,933,014.45	 
	3/17/2009
	 	4/01/2012	 	Bank of America	 	 	3098906	 	 	US Environmental Protection	 	$	77,998.00	 
	3/25/2009
	 	9/08/2011	 	Bank of America	 	 	3099057	 	 	Sojitz Aerospace America	 	$	2,534,631.55	 
	10/22/2009
	 	9/30/2011	 	Bank of America	 	 	3101130	 	 	Sojitz Aerospace America	 	$	113,080.00	 
	11/13/2009
	 	3/31/2012	 	Bank of America	 	 	3101314	 	 	Sojitz Aerospace America	 	$	1,280,000.00	 
	12/17/2009
	 	3/17/2012	 	Bank of America	 	 	3101588	 	 	BNP Paribas Chicago Branch	 	$	756,191.10	 
	9/16/2009
	 	10/02/2011	 	Bank of America	 	 	3100688	 	 	TMB Bank Public Company	 	$	1,942,198.80	 
	9/16/2009
	 	10/02/2011	 	Bank of America	 	 	3100689	 	 	TMB Bank Public Company	 	$	647,399.60	 
	8/26/2005
	 	8/01/2011	 	Bank of America	 	 	3076993	 	 	Ace American Insurance Company	 	$	6,714,399.00	 
	7/10/2007
	 	11/03/2011	 	Bank of America	 	 	3088949	 	 	Korea Aerospace Research	 	$	558,706.00	 
	8/01/2007
	 	8/01/2011	 	Bank of America	 	 	3089298	 	 	Tullahoma Utilities Board	 	$	270,000.00	 
	9/17/2009
	 	8/31/2011	 	Bank of America	 	 	3100810	 	 	Sojitz Aerospace America	 	$	57,513.00	 
	8/03/2010
	 	8/03/2011	 	Bank of America	 	 	3071077	 	 	Ace American Insurance Company	 	$	368,148.00	 
	12/06/2010
	 	12/31/2011	 	Bank of America	 	 	3071079	 	 	Defense Acquisition Program	 	$	23,200.00	 
	02/08/2011
	 	2/08/2012	 	Bank of America	 	 	3071081	 	 	Rafael USA Inc	 	$	409,114.37	 
	04/01/2011
	 	04/01/2012	 	Bank of America	 	 	3071083	 	 	U.S. Environmental Protection	 	$	750,000	 
	5/31/2007
	 	5/31/2011	 	Bank of America	 	 	3088345	 	 	Old Republic Insurance Company	 	$	624,609.00	 
	8/17/2007
	 	8/17/2011	 	Bank of America	 	 	3089539	 	 	State of Utah	 	$	200,000.00	 
	7/15/2010
	 	7/15/2011	 	Bank of America	 	 	3071078	 	 	US Environmental Protection	 	$	48,082.50	 
	 
	 	 	 	 	 	 	 	 	 	Total	 	$	45,498,264.07	 

Five Year Credit Agreement

 

 

 

EXHIBIT A-1 — FORM OF

REVOLVING CREDIT

PROMISSORY NOTE

U.S.$                                                                                                               Dated:
                    , 201_

FOR VALUE RECEIVED, the undersigned,                     , a
                     corporation (the
“Borrower”), HEREBY PROMISES TO PAY to the order of                      (the “Lender”) for
the account of its Applicable Lending Office on the Termination Date (each as defined in the Credit
Agreement referred to below) the principal sum of U.S.$[amount of the Lender’s Commitment in
figures] or, if less, the aggregate principal amount of the Revolving Credit Advances made by the
Lender to the Borrower pursuant to the Five Year Credit Agreement dated as of May 20, 2011 among
the Borrower, [Goodrich Corporation,] the Lender and certain other lenders parties thereto, and
Citibank, N.A. as Agent for the Lender and such other lenders (as amended or modified from time to
time, the “Credit Agreement”; the terms defined therein being used herein as therein
defined) outstanding on the Termination Date.

The Borrower promises to pay interest on the unpaid principal amount of each Revolving Credit
Advance from the date of such Revolving Credit Advance until such principal amount is paid in full,
at such interest rates, and payable at such times, as are specified in the Credit Agreement.

Both principal and interest in respect of each Revolving Credit Advance (i) in Dollars are
payable in lawful money of the United States of America to the Agent at its account maintained at
399 Park Avenue, New York, New York 10043, in same day funds and (ii) in any Committed Currency are
payable in such currency at the applicable Payment Office in same day funds. Each Revolving Credit
Advance owing to the Lender by the Borrower pursuant to the Credit Agreement, and all payments made
on account of principal thereof, shall be recorded by the Lender and, prior to any transfer hereof,
endorsed on the grid attached hereto which is part of this Promissory Note.

This Promissory Note is one of the Revolving Credit Notes referred to in, and is entitled to
the benefits of, the Credit Agreement. The Credit Agreement, among other things, (i) provides for
the making of Revolving Credit Advances by the Lender to the Borrower from time to time in an
aggregate amount not to exceed at any time outstanding the U.S. dollar amount first above
mentioned, the indebtedness of the Borrower resulting from each such Revolving Credit Advance being
evidenced by this Promissory Note, (ii) contains provisions for determining the Dollar Equivalent
of Revolving Credit Advances denominated in Committed Currencies and (iii) contains provisions for
acceleration of the maturity hereof upon the happening of certain stated events and also for
prepayments on account of principal hereof prior to the maturity hereof upon the terms and
conditions therein specified.

	 	 	 	 	 	 	 
	 	 	[NAME OF BORROWER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Title:
	 	 

Five Year Credit Agreement

 

 

 

ADVANCES AND PAYMENTS OF PRINCIPAL

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Amount of	 	 	 	 
	 	 	Amount of	 	Principal Paid	 	Unpaid Principal	 	Notation
	Date	 	Advance	 	or Prepaid	 	Balance	 	Made By
	 
	 	 	 	 	 	 	 	 

Five Year Credit Agreement

 

2

 

EXHIBIT A-2 — FORM OF

COMPETITIVE BID

PROMISSORY NOTE

U.S.$                                                                                                                     Dated:
                    , 201_

FOR VALUE RECEIVED, the undersigned,                     , a
                     corporation (the
“Borrower”), HEREBY PROMISES TO PAY to the order of
                                        
 (the
“Lender”) for the account of its Applicable Lending Office (as defined in the Five Year
Credit Agreement dated as of May 20, 2011 among the Borrower, [Goodrich Corporation,] the Lender
and certain other lenders parties thereto, and Citibank, N.A., as Agent for the Lender and such
other lenders (as amended or modified from time to time, the “Credit Agreement”; the terms
defined therein being used herein as therein defined)), on                     , 201_, the principal amount
of [U.S.$                    ] [for a Competitive Bid Advance in a Foreign Currency, list currency and
amount of such Advance].

The Borrower promises to pay interest on the unpaid principal amount hereof from the date
hereof until such principal amount is paid in full, at the interest rate and payable on the
interest payment date or dates provided below:

Interest Rate:
 _____% per annum (calculated on the basis of a year of                      days for the
actual number of days elapsed).

Both principal and interest are payable in lawful money of
                     to Citibank, as
agent, for the account of the Lender at the office of Citibank, at
                                         in
same day funds.

This Promissory Note is one of the Competitive Bid Notes referred to in, and is entitled to
the benefits of, the Credit Agreement. The Credit Agreement, among other things, contains
provisions for acceleration of the maturity hereof upon the happening of certain stated events.

The Borrower hereby waives presentment, demand, protest and notice of any kind. No failure to
exercise, and no delay in exercising, any rights hereunder on the part of the holder hereof shall
operate as a waiver of such rights.

This Promissory Note shall be governed by, and construed in accordance with, the laws of the
State of New York.

	 	 	 	 	 	 	 
	 	 	[NAME OF BORROWER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Title:
	 	 

Five Year Credit Agreement

 

 

 

EXHIBIT B-1 — FORM OF NOTICE OF

REVOLVING CREDIT BORROWING

Citibank, N.A., as Agent

for the Lenders parties

to the Credit Agreement

referred to below

1615 Brett Road, Building #3

New Castle, Delaware 19720

[Date]

Attention: Bank Loan Syndications Department

Ladies and Gentlemen:

The undersigned,                     , a
 _____ 
corporation refers to the Five Year Credit
Agreement, dated as of May 20, 2011 (as amended or modified from time to time, the “Credit
Agreement”, the terms defined therein being used herein as therein defined), among the
undersigned, [Goodrich Corporation,] certain Lenders parties thereto and Citibank, N.A., as Agent
for said Lenders, and hereby gives you notice, irrevocably, pursuant to Section 2.02 of the Credit
Agreement that the undersigned hereby requests a Revolving Credit Borrowing under the Credit
Agreement, and in that connection sets forth below the information relating to such Revolving
Credit Borrowing (the “Proposed Revolving Credit Borrowing”) as required by Section 2.02(a)
of the Credit Agreement:

(i) The Business Day of the Proposed Revolving Credit Borrowing is
                    , 201__.

(ii) The Type of Advances comprising the Proposed Revolving Credit Borrowing is [Base
Rate Advances] [Eurocurrency Rate Advances].

(iii) The aggregate amount of the Proposed Revolving Credit Borrowing is
$                    ][for a Revolving Credit Borrowing in a Committed Currency, list currency
and amount of Revolving Credit Borrowing].

[(iv) The initial Interest Period for each Eurocurrency Rate Advance made as part of
the Proposed Revolving Credit Borrowing is
 _____ 
month[s].]

The undersigned hereby certifies that the following statements are true on the date hereof,
and will be true on the date of the Proposed Revolving Credit Borrowing:

(A) the representations and warranties contained in Section 4.01 of the Credit
Agreement (except the representations set forth in subsection (c)(ii) thereof and in
subsection (d)(i) thereof) (and, if such Revolving Credit Borrowing shall have been
requested by a Designated Subsidiary, the representations and warranties of such Designated
Subsidiary contained in its Designation Letter, other than the representation set forth in
subsection (i) of paragraph 5 thereof) are correct on and as of such date (except to the
extent that any expressly relate to any earlier date), before and after giving effect to
such Revolving Credit Borrowing or such Extension Date and to the application of the
proceeds therefrom, as though made on and as of such date, and

Five Year Credit Agreement

 

 

 

(B) no event has occurred and is continuing, or would result from such Proposed
Revolving Credit Borrowing or from the application of the proceeds therefrom, that
constitutes a Default.

	 	 	 	 	 	 	 
	 	 	Very truly yours,

[NAME OF BORROWER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Title:
	 	 

Five Year Credit Agreement

 

2

 

EXHIBIT B-2 — FORM OF NOTICE OF

COMPETITIVE BID BORROWING

Citibank, N.A., as Agent

for the Lenders parties

to the Credit Agreement

referred to below

1615 Brett Road, Building #3

New Castle, Delaware 19720

[Date]

Attention: Bank Loan Syndications Department

Ladies and Gentlemen:

The undersigned,                     , refers to the Five Year
Credit Agreement, dated as of May
20, 2011 (as amended or modified from time to time, the “Credit Agreement”, the terms
defined therein being used herein as therein defined), among the undersigned, [Goodrich
Corporation,] certain Lenders parties thereto and Citibank, N.A., as Agent for said Lenders, and
hereby gives you notice, irrevocably, pursuant to Section 2.03 of the Credit Agreement that the
undersigned hereby requests a Competitive Bid Borrowing under the Credit Agreement, and in that
connection sets forth the terms on which such Competitive Bid Borrowing (the “Proposed
Competitive Bid Borrowing”) is requested to be made:

	 	 	 	 	 
	(A) Date of Competitive Bid Borrowing
	 	 	                    	 
	(B) Amount of Competitive Bid Borrowing
	 	 	                    	 
	(C) [Maturity Date] [Interest Period]
	 	 	                    	 
	(D) Interest Rate Basis
	 	 	                    	 
	(E) Day Count Convention
	 	 	                    	 
	(F) Interest Payment Date(s)
	 	 	                    	 
	(G) Currency
	 	 	                    	 
	(H) Borrower’s Account Location
	 	 	                    	 
	(I)   ___________________
	 	 	                    	 

The undersigned hereby certifies that the following statements are true on the date hereof,
and will be true on the date of the Proposed Competitive Bid Borrowing:

(a) the representations and warranties contained in Section 4.01 of the Credit
Agreement (except the representations set forth in subsection (c)(ii) thereof and in
subsection (d)(i) thereof) (and, (and, if such Competitive Bid Borrowing shall have been
requested by a Designated Subsidiary, the representations and warranties of such Designated
Subsidiary contained in its Designation Letter, other than the representation set forth in
subsection (i) of paragraph 5 thereof) are correct on and as of the date of such Competitive
Bid Borrowing (except to the extent that any expressly relate to any earlier date), before
and after giving effect to such Competitive Bid Borrowing and to the application of the
proceeds therefrom, as though made on and as of such date, and

Five Year Credit Agreement

 

 

 

(b) no event has occurred and is continuing, or would result from the Proposed
Competitive Bid Borrowing or from the application of the proceeds therefrom, that
constitutes a Default; and

(c) the aggregate amount of the Proposed Competitive Bid Borrowing and all other
Borrowings to be made on the same day under the Credit Agreement is within the aggregate
amount of the unused Commitments of the Lenders.

The undersigned hereby confirms that the Proposed Competitive Bid Borrowing is to be made
available to it in accordance with Section 2.03(a)(v) of the Credit Agreement.

	 	 	 	 	 	 	 
	 	 	Very truly yours,

[NAME OF BORROWER]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Title:
	 	 

Five Year Credit Agreement

 

2

 

EXHIBIT C — FORM OF

ASSIGNMENT AND ASSUMPTION

This Assignment and Assumption (the “Assignment and Assumption”) is dated as of the
Effective Date set forth below and is entered into by and between [the][each]11 Assignor
identified in item 1 below ([the][each, an] “Assignor”) and [the][each]12
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]13 hereunder are
several and not joint.]14 Capitalized terms used but not defined herein shall have the
meanings given to them in the Credit Agreement identified below (as amended, 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
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 and guarantees 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.

	 	Assignor[s]:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	 	 	[Assignor [is] [is not] a Defaulting Lender]

 

	 	 	 
	11	 	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.

	 
	12	 	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.

	 
	13	 	Select as appropriate.

	 
	14	 	Include bracketed language if there are either
multiple Assignors or multiple Assignees.

Five Year Credit Agreement

 

 

 

	 	 	 	 	 
	2.

	 	Assignee[s]:	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	 	 	[for each Assignee, indicate [Affiliate][Approved Fund] of [identify Lender]
	 
	 	 	 	 
	3.

	 	Borrower(s):	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	4.	 	Agent:Citibank, N.A., as the administrative agent under the Credit Agreement
	 
	 	 	 	 
	5.

	 	Credit Agreement:
	 	The $700,000,000 Five Year Credit Agreement dated as of May 20, 2011 among
Goodrich Corporation, the Lenders parties thereto, Citibank, N.A., as Agent,
and the other agents parties thereto]
	 
	 	 	 	 
	6.

	 	Assigned Interest[s]:	 	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Aggregate Amount	 	 	Amount of	 	 	Percentage	 	 	 	 
	 	 	 	 	 	 	of Commitment/	 	 	Commitment/	 	 	Assigned of	 	 	 	 
	Assignor[s]	 	Assignee[s]	 	 	Advances for all	 	 	Advances	 	 	Commitment/	 	 	CUSIP	 
	15	 	16	 	 	Lenders 18	 	 	Assigned 8	 	 	Advances 19	 	 	Number	 
	 
	 	 	 	 	 	$	 	 	 	$	 	 	 	 	 	%	 	 	 	 
	 
	 	 	 	 	 	$	 	 	 	$	 	 	 	 	 	%	 	 	 	 
	 
	 	 	 	 	 	$	 	 	 	$	 	 	 	 	 	%	 	 	 	 

	 	 	 	 	 
	[7.

	 	Trade Date:
	 	                    ]20

[Page break]

 

	 	 	 
	15	 	List each Assignor, as appropriate.

	 
	16	 	List each Assignee, as appropriate.

	 
	18	 	Amount to be adjusted by the counterparties to take
into account any payments or prepayments made between the Trade Date and the
Effective Date.

	 
	19	 	Set forth, to at least 9 decimals, as a percentage of
the Commitment/Loans of all Lenders thereunder.

	 
	20	 	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.

Five Year Credit Agreement

 

-2-

 

Effective Date:                     
 _____, 20_____ 
[TO BE INSERTED BY AGENT AND WHICH SHALL BE THE
EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.]

The terms set forth in this Assignment and Assumption are hereby agreed to:

	 	 	 	 	 
	 	ASSIGNOR[S]21

[NAME OF ASSIGNOR]

 	 
	 	By:  	 	 
	 	 	Title: 	 
	 	 	 	 
	 	[NAME OF ASSIGNOR]

 	 
	 	By:  	 	 
	 	 	Title: 	 
	 	 	 	 
	 	ASSIGNEE[S]22

[NAME OF ASSIGNEE]

 	 
	 	By:  	 	 
	 	 	Title: 	 
	 	 	 	 
	 	[NAME OF ASSIGNEE]

 	 
	 	By:  	 	 
	 	 	Title: 	 
	 	 	 	 
	 

[Consented to and]23 Accepted:

	 	 	 	 	 
	CITIBANK, N.A., as Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Title:
	 	 

[Consented to:]24

 

	 	 	 
	21	 	Add additional signature blocks as needed. Include
both Fund/Pension Plan and manager making the trade (if applicable).

	 
	22	 	Add additional signature blocks as needed. Include
both Fund/Pension Plan and manager making the trade (if applicable).

	 
	23	 	To be added only if the consent of the Agent is
required by the terms of the Credit Agreement.

	 
	24	 	To be added only if the consent of the Borrower and/or
other parties (e.g. Issuing Bank) is required by the terms of the Credit
Agreement.

Five Year Credit Agreement

 

-3-

 

	 	 	 	 	 
	[NAME OF RELEVANT PARTY]	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Title:
	 	 

Five Year Credit Agreement

 

-4-

 

ANNEX 1

GOODRICH CORPORATION

Five Year Credit Agreement dated as of May 20, 2011

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, (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 (iv) it is [not] a Defaulting
Lender; and (b) assumes no responsibility with respect to (i) any statements, warranties or
representations made in or in connection with the Credit Agreement, (ii) the execution, legality,
validity, enforceability, genuineness, sufficiency or value of the Credit Agreement, any Note or
any collateral thereunder, (iii) the financial condition of the Borrower, any of its Subsidiaries
or Affiliates or any other Person obligated in respect of the Credit Agreement or any Note, or (iv)
the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other
Person of any of their respective obligations under the Credit Agreement or any Note.

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 to be an assignee under
Section 9.06(b)(iii), (v) and (vi) of the Credit Agreement (subject to such consents, if any, as
may be required under Section 9.06(b)(iii) of 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 Section
5.01(k) thereof, as applicable, 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
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) 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 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 Credit Agreement, and (ii) it will perform in accordance
with their terms all of the obligations which by the terms of the Credit Agreement are required to
be performed by it as a Lender.

Five Year Credit Agreement

 

-5-

 

2. Payments. From and after the Effective Date, the 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] Assignee whether such amounts have accrued prior to, on or after
the Effective Date. The Assignor[s] and the Assignee[s] shall make all appropriate adjustments in
payments by the Agent for periods prior to the Effective Date or with respect to the making of this
assignment directly between themselves.

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 shall be governed
by, and construed in accordance with, the law of the State of New York.

Five Year Credit Agreement

 

-6-

 

EXHIBIT D — FORM OF

DESIGNATION AGREEMENT

Dated                     , 201_

Reference is made to the Credit Agreement dated as of May 20, 2011 (as amended or modified
from time to time, the “Credit Agreement”) among GOODRICH CORPORATION, a New York
corporation (the “Company”), the Lenders (as defined in the Credit Agreement) and Citibank,
N.A., as agent for the Lenders (the “Agent”). Terms defined in the Credit Agreement are
used herein with the same meaning.

                                        
 (the “Designor”) and                                          (the
“Designee”) agree as follows:

1. The Designor hereby designates the Designee, and the Designee hereby accepts such
designation, to have a right to make Competitive Bid Advances pursuant to Section 2.03 of the
Credit Agreement.

2. The Designor makes no representation or warranty and assumes no responsibility with respect
to (i) any statements, warranties or representations made in or in connection with the Credit
Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value
of the Credit Agreement or any other instrument or document furnished pursuant thereto and (ii) the
financial condition of any Borrower or the performance or observance by any Borrower of any of its
obligations under the Credit Agreement or any other instrument or document furnished pursuant
thereto.

3. The Designee (i) confirms that it has received a copy of the Credit Agreement, together
with copies of the financial statements referred to in Section 4.01 thereof and such other
documents and information as it has deemed appropriate to make its own credit analysis and decision
to enter into this Designation Agreement; (ii) agrees that it will, independently and without
reliance upon the Agent, the Designor 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 Credit Agreement; (iii) confirms that it is a Designated
Bidder; (iv) appoints and authorizes the Agent to take such action as agent on its behalf and to
exercise such powers and discretion under the Credit Agreement as are delegated to the Agent by the
terms thereof, together with such powers and discretion as are reasonably incidental thereto; and
(v) agrees that it will perform in accordance with their terms all of the obligations which by the
terms of the Credit Agreement are required to be performed by it as a Lender.

4. Following the execution of this Designation Agreement by the Designor and its Designee, it
will be delivered to the Agent for acceptance and recording by the Agent. The effective date for
this Designation Agreement (the “Effective Date”) shall be the date of acceptance hereof by
the Agent, unless otherwise specified on the signature page hereto.

5. Upon such acceptance and recording by the Agent, as of the Effective Date, the Designee
shall be a party to the Credit Agreement with a right to make Competitive Bid Advances as a Lender
pursuant to Section 2.03 of the Credit Agreement and the rights and obligations of a Lender related
thereto.

6. This Designation Agreement shall be governed by, and construed in accordance with, the laws
of the State of New York.

Five Year Credit Agreement

 

-1-

 

7. This Designation Agreement may be executed in any number of counterparts and by different
parties hereto in separate counterparts, each of which when so executed shall be deemed to be an
original and all of which taken together shall constitute one and the same agreement. Delivery of
an executed counterpart of a signature page to this Designation Agreement by telecopier shall be
effective as delivery of a manually executed counterpart of this Designation Agreement.

IN WITNESS WHEREOF, the Designor and the Designee have caused this Designation Agreement to be
executed by their officers thereunto duly authorized as of the date first above written.

	 	 	 
	Effective Date*:

	 	                    , 201__

	 	 	 	 	 	 	 
	 	 	[NAME OF DESIGNOR],

as Designor	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Title:
	 	 
	 
	 	 	 	 	 	 
	 	 	[NAME OF DESIGNEE],

as Designee	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	Applicable Lending Office (and address for notices):	 	 
	 

	 	 	 	[Address]	 	 

Accepted this
 _____ 
day

of                     , 201_

	 	 	 	 	 
	CITIBANK, N.A., as Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 
	 	Title:	 	 
	 
	 	 	 	 
	 
	[Approved this                      day
of                     , 201_	 	 
	 
	 	 	 	 
	GOODRICH CORPORATION	 	 
	 
	 	 	 	 
	By:
	 	 	]	 
	 
	 	 

Title:	 	 

 

	 	 	 
	*	 	This date should be no earlier than five Business Days
after the delivery of this Designation Agreement to the Agent.

Five Year Credit Agreement

 

-2-

 

	 	 	 	 	 
	By:
	 	 	]	 
	 

	 	 

Title:
	 	 

Five Year Credit Agreement

 

-3-

 

EXHIBIT E

FORM OF DESIGNATION LETTER

[Date]

To each of the Lenders parties

to the Credit Agreement dated

as of May 20, 2011

among Goodrich Corporation,

said Lenders and Citicorp USA, Inc.,

as Agent for said Lenders, and

to Citicorp USA, Inc., as Agent

Ladies and Gentlemen:

Reference is made to the Five Year Credit Agreement, dated as of May 20, 2011 (the “Credit
Agreement”), among Goodrich Corporation (the “Company”), the Lenders parties thereto,
Citibank, N.A., as Agent for said Lenders. Terms defined in the Credit Agreement are used herein
as therein defined.

Please be advised that the Company hereby designates the undersigned wholly-owned Subsidiary,
                    , a
                     (the “Designated Subsidiary”), as a “Designated Subsidiary” and a
“Borrower” under and for all purposes of the Credit Agreement.

The Designated Subsidiary, in consideration of the agreement of each Lender to extend credit
to it from time to time under, and on the terms and conditions set forth in, the Credit Agreement
does hereby assume each of the obligations imposed upon a Designated Subsidiary and a Borrower
under the Credit Agreement and agrees to be bound by all of the terms and conditions of the Credit
Agreement. The Designated Subsidiary has, on the date hereof, delivered to the Agent a properly
completed and duly executed Revolving Credit Note, in substantially the form of Exhibit A-1 to the
Credit Agreement, payable to each Lender that has made a request pursuant to Section 2.17 of the
Credit Agreement.

In furtherance of the foregoing, the Designated Subsidiary hereby represents and warrants to
the Agent and each of the Lenders as follows:

1. The Designated Subsidiary is a Person duly organized, validly existing and, to the
extent such concept is applicable in the jurisdiction of organization of the Designated
Subsidiary, in good standing under the laws of                     .

2. The execution, delivery and performance by the Designated Subsidiary of this
Designation Letter, the Credit Agreement and the Notes issued by the Designated Subsidiary
and the consummation of the transactions contemplated hereby and thereby, are within the
Designated Subsidiary’s powers, have been duly authorized by all necessary action
(including, without limitation, all necessary stockholders’ action), and do not contravene
(a) the Designated Subsidiary’s charter or by-laws (or similar organizational documents) or
(b) law or any contractual restriction binding on or affecting the Designated Subsidiary.

3. No authorization or approval or other action by, and no notice to or filing with,
any governmental authority or regulatory body or any other third party is required for the
due execution, delivery and performance by the Designated Subsidiary of this Designation
Letter, the Credit Agreement or any of the Notes issued by the Designated Subsidiary, or for the
consummation of the transactions contemplated hereby and thereby, except as have been
obtained or made and are in full force and effect.

Five Year Credit Agreement

 

-1-

 

4. This Designation Letter has been, and each of the Notes issued by the Designated
Subsidiary when executed and delivered under the Credit Agreement will have been, duly
executed and delivered by the Designated Subsidiary. Each of this Designation Letter and
the Credit Agreement is, and each of the Notes issued by the Designated Subsidiary when
delivered under the Credit Agreement will be, the legal, valid and binding obligation of the
Designated Subsidiary, enforceable against the Designated Subsidiary in accordance with
their respective terms.

5. There is no pending or threatened action, suit, investigation, litigation or
proceeding affecting the Designated Subsidiary or any of its Subsidiaries before any court,
governmental agency or arbitrator that (i) could reasonably be expected to have a Material
Adverse Effect or (ii) purports to affect the legality, validity or enforceability of this
Designation Letter, the Credit Agreement or any of the Notes issued by the Designated
Subsidiary, or the consummation of the transactions contemplated hereby and thereby.

6. The Designated Subsidiary is not engaged in the business of extending credit for the
purpose of purchasing or carrying margin stock (within the meaning of Regulation U of the
Board of Governors of the Federal Reserve System), and no proceeds of any Advance to the
Designated Subsidiary will be used to purchase or carry any margin stock or to extend credit
to others for the purpose of purchasing or carrying margin stock

The Designated Subsidiary hereby irrevocably appoints the Company as its authorized agent to
receive and deliver notices in accordance with Section 9.02(e) of the Credit Agreement, and hereby
irrevocably agrees that (A) in the case of any notices delivered to the Company, on behalf of the
Designated Subsidiary, in accordance with Section 9.02(b) of the Credit Agreement, the failure of
the Company to give any notice referred to therein to the Designated Subsidiary shall not impair or
affect the validity of such notice with respect thereto and (B) in the case of Notice of Borrowing
or notice of Conversion delivered pursuant to Section 2.09 of the Credit Agreement by the Company,
on behalf of the Designated Subsidiary, in accordance with Section 9.02(e) of the Credit Agreement,
the delivery of any such notice by the Company, on behalf of the Designated Subsidiary, shall be
binding on the Designated Subsidiary to the same extent as if such notice had been executed and
delivered directly by the Designated Subsidiary.

The Designated Subsidiary hereby irrevocably and unconditionally submits, for itself and its
property, to the nonexclusive jurisdiction of any New York state court or federal court of the
United States of America sitting in New York City, and any appellate court from any thereof, in any
action or proceeding arising out of or relating to this Designation Letter, the Credit Agreement or
any of the Notes issued by the Designated Subsidiary or for recognition or enforcement of any
judgment, and hereby irrevocably and unconditionally agrees that all claims in respect of any such
action or proceeding may be heard and determined in any such New York State court or, to the extent
permitted by applicable law, in such federal court. The Designated Subsidiary hereby further
irrevocably consents to the service of process in any action or proceeding in such courts by the
mailing thereof by any Lender or the Agent by registered or certified mail, postage prepaid, to it
at its address specified below its name on the signature page hereto. The Designated Subsidiary
hereby further agrees that service of process in any such action or proceeding brought in any such
New York State court or in any such federal court may be made upon the Company at the address
referred to in Section 9.02 of the Credit Agreement, and the

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Designated Subsidiary hereby
irrevocably appoints the Company as its authorized agent to accept such service of process, and agrees that the failure of the Company to give any notice of any such service to
it shall not impair or affect the validity of such service or of any judgment rendered in any
action or proceeding based thereon. The Designated Subsidiary agrees that a final judgment in any
such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on
the judgment or in any other manner provided by applicable law. Nothing in this Designation
Letter, the Credit Agreement or any of the Notes issued by the Designated Subsidiary shall affect
any right that any party may otherwise have to serve legal process in any other manner permitted by
applicable law or to bring any action or proceeding relating to this Designation Letter, the Credit
Agreement or any such Note in the courts of any jurisdiction.

The Designated Subsidiary irrevocably and unconditionally waives, to the fullest extent it may
legally and effectively do so, any objection that it may now or hereafter have to the laying of
venue of any suit, action or proceeding arising out of or relating to this Designation Letter, the
Credit Agreement or any of the Notes issued by it in any New York state or federal court. The
Designated Subsidiary hereby irrevocably waives, to the fullest extent permitted by applicable law,
the defense of an inconvenient forum to the maintenance of such action or proceeding in any such
court.

To the extent that the Designated Subsidiary has or hereafter may acquire any immunity from
jurisdiction of any court or from any legal process (whether through service or notice, attachment
prior to judgment, attachment in aid of execution, execution or otherwise) with respect to itself
or its property, the Designated Subsidiary hereby irrevocably waives such immunity in respect of
its obligations under this Designation Letter, the Credit Agreement or any of the Notes issued by
it.

The Designated Subsidiary hereby irrevocably waives all right to trial by jury in any action,
proceeding or counterclaim (whether based on contract, tort or otherwise) arising out of or
relating to this Designation Letter, the Credit Agreement or any of the Notes issued by it or the
actions of the Agent or any Lender in the negotiation, administration, performance or enforcement
thereof.

	 	 	 	 	 	 	 
	 	 	Very truly yours,

GOODRICH CORPORATION	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

Name:
	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 	 	[THE DESIGNATED SUBSIDIARY]	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 
	 

	 	 	 	Address:	 	 

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	Acknowledged and Agreed to
as of the date first above written:	 	 
	 
	 	 	 	 
	CITIBANK, N.A., as Agent	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 

Name:
	 	 
	 

	 	Title:	 	 

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EXHIBIT F-1 — FORM OF

OPINION OF GENERAL

COUNSEL FOR THE COMPANY

To be delivered separately.

Five Year Credit Agreement

 

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EXHIBIT F-2 — FORM OF

OPINION OF MOORE & VAN ALLEN PLLC

To be delivered separately.

Five Year Credit Agreement

 

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EXECUTION COPY

FIVE YEAR CREDIT AGREEMENT

Dated as of May 20, 2011

Among

GOODRICH CORPORATION

as Company

and

THE INITIAL LENDERS NAMED HEREIN

as Lenders

and

CITIBANK, N.A.

as Agent

and

JPMORGAN CHASE BANK, N.A.

as Syndication Agent

and

BANK OF AMERICA, N.A.

WELLS FARGO BANK, NATIONAL ASSOCIATION

And

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK

as Documentation Agent

and

CITIGROUP GLOBAL MARKETS INC.

J.P. MORGAN SECURITIES LLC

and

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

as Joint Lead Arrangers and Joint Book Managers

Five Year Credit Agreement

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	ARTICLE I
	 	 	 	 
	 
	SECTION 1.01. Certain Defined Terms
	 	 	1	 
	SECTION 1.02. Computation of Time Periods
	 	 	18	 
	SECTION 1.03. Accounting Terms
	 	 	18	 
	 
	 	 	 	 
	ARTICLE II
	 	 	 	 
	 
	SECTION 2.01. The Revolving Credit Advances and Letters of Credit
	 	 	18	 
	SECTION 2.02. Making the Revolving Credit Advances
	 	 	19	 
	SECTION 2.03. The Competitive Bid Advances
	 	 	21	 
	SECTION 2.04. Issuance of and Drawings and Reimbursement Under Letters of Credit
	 	 	25	 
	SECTION 2.05. Fees
	 	 	27	 
	SECTION 2.06. Optional Termination or Reduction of the Commitments
	 	 	27	 
	SECTION 2.07. Repayment of Revolving Credit Advances
	 	 	28	 
	SECTION 2.08. Interest on Revolving Credit Advances
	 	 	28	 
	SECTION 2.09. Interest Rate Determination
	 	 	29	 
	SECTION 2.10. Optional Conversion of Revolving Credit Advances
	 	 	31	 
	SECTION 2.11. Prepayments of Revolving Credit Advances
	 	 	31	 
	SECTION 2.12. Increased Costs; Reserve Percentages
	 	 	32	 
	SECTION 2.13. Illegality
	 	 	34	 
	SECTION 2.14. Payments and Computations
	 	 	34	 
	SECTION 2.15. Taxes
	 	 	36	 
	SECTION 2.16. Sharing of Payments, Etc.
	 	 	38	 
	SECTION 2.17. Evidence of Debt
	 	 	38	 
	SECTION 2.18. Use of Proceeds
	 	 	39	 

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	SECTION 2.19. Increase in the Aggregate Commitments
	 	 	39	 
	SECTION 2.20. Extension of Termination Date
	 	 	41	 
	SECTION 2.21. Defaulting Lenders
	 	 	42	 
	SECTION 2.22. Mitigation Obligations; Replacement of Lenders
	 	 	44	 
	 
	 	 	 	 
	ARTICLE III
	 	 	 	 
	 
	SECTION 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and 2.03
	 	 	45	 
	SECTION 3.02. Conditions Precedent to Initial Borrowing of Each Designated Subsidiary
	 	 	46	 
	SECTION 3.03. Conditions Precedent to Each Revolving Credit Borrowing, Letter of
Credit Issuance, Commitment Increase and Extension Date
	 	 	47	 
	SECTION 3.04. Conditions Precedent to Each Competitive Bid Borrowing
	 	 	49	 
	SECTION 3.05. Determinations Under Section 3.01
	 	 	48	 
	 
	 	 	 	 
	ARTICLE IV
	 	 	 	 
	 
	SECTION 4.01. Representations and Warranties of the Company
	 	 	48	 
	 
	 	 	 	 
	ARTICLE V
	 	 	 	 
	 
	SECTION 5.01. Covenants
	 	 	52	 
	 
	 	 	 	 
	ARTICLE VI
	 	 	 	 
	 
	SECTION 6.01. Events of Default
	 	 	57	 
	SECTION 6.02. Actions in Respect of the Letters of Credit upon Default
	 	 	59	 
	 
	 	 	 	 
	ARTICLE VII
	 	 	60	 
	 
	SECTION 7.01. Guaranty
	 	 	60	 
	SECTION 7.02. Guaranty Absolute
	 	 	60	 
	SECTION 7.03. Waivers and Acknowledgments
	 	 	61	 
	SECTION 7.04. Subrogation
	 	 	62	 
	SECTION 7.05. Continuing Guaranty; Assignments
	 	 	62	 

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	ARTICLE VIII
	 	 	 	 
	 
	SECTION 8.01. Appointment and Authority
	 	 	62	 
	SECTION 8.02. Rights as a Lender
	 	 	63	 
	SECTION 8.03. Exculpatory Provisions
	 	 	63	 
	SECTION 8.04. Reliance by Agent
	 	 	64	 
	SECTION 8.05. Indemnification
	 	 	64	 
	SECTION 8.06. Delegation of Duties
	 	 	65	 
	SECTION 8.07. Resignation of Agent
	 	 	65	 
	SECTION 8.08. Non-Reliance on Agent and Other Lenders
	 	 	66	 
	SECTION 8.09. No Other Duties, etc
	 	 	66	 
	 
	 	 	 	 
	ARTICLE IX
	 	 	 	 
	 
	SECTION 9.01. Amendments, Etc.
	 	 	66	 
	SECTION 9.02. Notices, Etc.
	 	 	67	 
	SECTION 9.03. No Waiver; Remedies
	 	 	69	 
	SECTION 9.04. Costs and Expenses
	 	 	69	 
	SECTION 9.05. Binding Effect
	 	 	70	 
	SECTION 9.06. Assignments, Designations and Participations
	 	 	70	 
	SECTION 9.07. Confidentiality
	 	 	75	 
	SECTION 9.08. Governing Law
	 	 	75	 
	SECTION 9.09. Execution in Counterparts
	 	 	75	 
	SECTION 9.10. Judgment
	 	 	75	 
	SECTION 9.11. Jurisdiction, Etc.
	 	 	76	 
	SECTION 9.12. Designated Subsidiaries
	 	 	77	 
	SECTION 9.13. No Liability of the Issuing Banks
	 	 	78	 
	SECTION 9.14. Patriot Act Notice
	 	 	78	 
	SECTION 9.15. Right of Setoff
	 	 	79	 
	SECTION 9.16. Electronic Execution of Assignments and Certain Other Documents
	 	 	79	 
	SECTION 9.17. Waiver of Jury Trial
	 	 	1	 

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Schedules

Schedule I — Commitments

Schedule 2.01(b) — Existing Letters of Credit

Exhibits

	 	 	 	 	 
	Exhibit A-1

	 	-
	 	Form of Revolving Credit Note
	 
	 	 	 	 
	Exhibit A-2

	 	-
	 	Form of Competitive Bid Note
	 
	 	 	 	 
	Exhibit B-1

	 	-
	 	Form of Notice of Revolving Credit Borrowing
	 
	 	 	 	 
	Exhibit B-2

	 	-
	 	Form of Notice of Competitive Bid Borrowing
	 
	 	 	 	 
	Exhibit C

	 	-
	 	Form of Assignment and Assumption
	 
	 	 	 	 
	Exhibit D

	 	-
	 	Form of Designation Agreement
	 
	 	 	 	 
	Exhibit E

	 	-
	 	Form of Designation Letter
	 
	 	 	 	 
	Exhibit F-1

	 	-
	 	Form of Opinion of General Counsel for the Company
	 
	 	 	 	 
	Exhibit F-2

	 	-
	 	Form of Opinion of Moore & Van Allen PLLC

Five Year Credit Agreement

 

iv

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