Document:

STOCK PURCHASE AGREEMENT

 Exhibit 10.28 
 Execution Copy 
 STOCK PURCHASE AGREEMENT 
 dated as of 
 November 5, 2004

 among 
 AGFA
CORPORATION, 
 AGFA MONOTYPE CORPORATION, 
 AND 
 IMAGING ACQUISITION CORPORATION 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	ARTICLE I — DEFINITIONS	  	1
			
	    1.01.	  	Definitions	  	1
		
	ARTICLE II — PURCHASE AND SALE	  	8
			
	    2.01.	  	Purchase and Sale	  	8
	    2.02.	  	Closing	  	8
	    2.03.	  	Closing Balance Sheet	  	9
	    2.04.	  	Purchase Price Adjustment	  	10
		
	ARTICLE III — REPRESENTATIONS AND WARRANTIES RELATING TO THE COMPANY	  	11
			
	    3.01.	  	Corporate Existence and Power	  	11
	    3.02.	  	Consents	  	11
	    3.03.	  	Non-Contravention	  	11
	    3.04.	  	Capitalization	  	12
	    3.05.	  	Subsidiaries	  	12
	    3.06.	  	Financial Statements	  	13
	    3.07.	  	No Undisclosed Material Liabilities	  	13
	    3.08.	  	Absence of Certain Changes	  	14
	    3.09.	  	Property and Equipment	  	15
	    3.10.	  	Litigation	  	16
	    3.11.	  	Material Contracts	  	16
	    3.12.	  	Insurance Coverage	  	17
	    3.13.	  	Compliance with Laws; No Defaults	  	17
	    3.14.	  	Finder’s Fees	  	18
	    3.15.	  	Intellectual Property	  	18
	    3.16.	  	Taxes	  	20
	    3.17.	  	Employees	  	21
	    3.18.	  	Transactions with Affiliates	  	21
	    3.19.	  	Environmental Matters	  	21
	    3.20.	  	Customers	  	22
	    3.21.	  	Disclosure	  	22
		
	ARTICLE IV — REPRESENTATIONS AND WARRANTIES RELATING TO SELLER	  	23
			
	    4.01.	  	Organization and Existence	  	23
	    4.02.	  	Corporate Authorization	  	23
	    4.03.	  	Governmental Authorization; Consents	  	23
	    4.04.	  	Non-Contravention	  	23
	    4.05.	  	Title to and Validity of Shares	  	24
	    4.06.	  	Litigation	  	24
		
	ARTICLE V — REPRESENTATIONS AND WARRANTIES OF BUYER	  	24
			
	    5.01.	  	Organization and Existence	  	24
	    5.02.	  	Corporate Authorization	  	24
	    5.03.	  	Governmental Authorization; Consents	  	24
	    5.04.	  	Non-Contravention	  	25
	    5.05.	  	Finders’ Fees	  	25
	    5.06.	  	Financing	  	25
	    5.07.	  	Purchase for Investment	  	25
	    5.08.	  	Litigation	  	25
	    5.09.	  	Inspections	  	25
		
	ARTICLE VI — COVENANTS OF SELLER	  	26
			
	    6.01.	  	Notices of Certain Events	  	26

  

 i 

					
	 	  	 	  	Page
	    6.02.	  	Confidentiality	  	26
	    6.03.	  	Agreement not to Hire Employees	  	27
	    6.04.	  	Settlement of Inter-Company Accounts; Dividend Payment	  	27
	    6.05.	  	Agreement Not to Compete	  	27
		
	ARTICLE VII — COVENANTS OF BUYER	  	29
			
	    7.01.	  	Confidentiality	  	29
	    7.02.	  	Access	  	29
	    7.03.	  	Corporate Name; Trademark and Domain Names; Patent License	  	29
	    7.04.	  	Directors and Officers Indemnification	  	30
		
	ARTICLE VIII — COVENANTS OF ALL PARTIES	  	30
			
	    8.01.	  	Best Efforts	  	30
	    8.02.	  	Certain Filings	  	31
	    8.03.	  	Public Announcements	  	31
	    8.04.	  	Non-Disparagement	  	31
	    8.05.	  	Transaction Bonus Plan Payments	  	32
	    8.06.	  	Adobe Litigation	  	32
	    8.07.	  	Subsidiary Stock Certificate	  	35
		
	ARTICLE IX — EMPLOYEE BENEFITS	  	35
			
	    9.01.	  	Employee Benefits	  	35
	    9.02.	  	ERISA Representations	  	36
	    9.03.	  	No Third Party Beneficiaries	  	37
		
	ARTICLE X — TAX MATTERS	  	38
			
	    10.01.	  	Tax Sharing Agreements	  	38
	    10.02.	  	Tax Periods Through the Closing Date	  	38
	    10.03.	  	Tax Periods Beginning Before and Ending After the Closing Date	  	38
	    10.04.	  	Cooperation on Tax Matters	  	39
	    10.05.	  	Refunds and Tax Benefits	  	39
	    10.06.	  	Post-Closing Elections	  	39
	    10.07.	  	Section 338(h)(10) Election	  	40
	    10.08.	  	Audits	  	40
	    10.09.	  	Transfer Taxes	  	40
	    10.10.	  	Tax-Related Proceedings	  	40
	    10.11.	  	Post-Closing	  	41
	    10.12.	  	TBP Payment Reporting	  	41
		
	ARTICLE XI — CONDITIONS TO CLOSING	  	41
			
	    11.01.	  	Conditions to the Obligations of Each Party	  	41
	    11.02.	  	Conditions to Obligation of Buyer	  	42
	    11.03.	  	Conditions to Obligation of Seller	  	43
		
	ARTICLE XII — SURVIVAL; INDEMNIFICATION	  	43
			
	    12.01.	  	Survival	  	43
	    12.02.	  	Indemnification	  	44
	    12.03.	  	Procedure for Indemnification Claims; No Waiver; Exclusivity	  	45
	    12.04.	  	Purchase Price Adjustment	  	46
		
	ARTICLE XIII — TERMINATION	  	47
			
	    13.01.	  	Grounds for Termination	  	47
		
	ARTICLE XIV — MISCELLANEOUS	  	47
			
	    14.01.	  	Notices	  	47
	    14.02.	  	Amendments; No Waivers	  	49

  

 ii 

					
	 	  	 	  	Page
	    14.03.	  	Expenses	  	49
	    14.04.	  	Successors and Assigns	  	49
	    14.05.	  	Further Assurances	  	49
	    14.06.	  	Governing Law	  	50
	    14.07.	  	Counterpart	  	50
	    14.08.	  	Entire Agreement	  	50
	    14.09.	  	Captions	  	50
	    14.10.	  	Dispute Resolution	  	50
	    14.11.	  	Severability	  	52
	    14.12.	  	Currency	  	52

  

			
	Exhibits
		
	A	 	Denmark Services Agreement
	B	 	Japan Type License Amendment
	C	 	Note Termination Agreement
	D	 	Transition Services Agreement
	E	 	Disclosure Schedules
	F	 	Assignment and Assumption Agreement
	G	 	Mutual Termination and Release
	H	 	Trademark Agreement
	I	 	Patent License
	J	 	Purchase Price Allocation Methodology
	K	 	Seller’s Counsel Opinion

  

			
	Schedules
		
	1.01A	 	Company Proprietary Rights
	1.01B	 	Minimum Net Operating Working Capital
	2.03	 	Accounting Policies
	3.02	 	Consents
	3.04	 	Capitalization
	3.05	 	Subsidiaries
	3.06	 	Financial Statements
	3.07	 	Undisclosed Material Liabilities
	3.08	 	Absence of Certain Changes
	3.11	 	Material Contracts
	3.13	 	Compliance with Laws
	3.15	 	Intellectual Property
	3.16	 	Taxes
	3.17	 	Employees
	3.18	 	Transactions with Affiliates
	3.20	 	Customers
	6.04	 	Intercompany Settlement; Closing Dividend
	9.02	 	ERISA

  

 iii 

 STOCK PURCHASE AGREEMENT 
 AGREEMENT dated as of November 5, 2004 among Agfa Corporation, a Delaware corporation (“Seller”), Agfa Monotype Corporation,
a Delaware Corporation (the “Company”) and Imaging Acquisition Corporation, a Delaware Corporation (“Buyer”). 
 W I T N E S S E T H : 
 WHEREAS, Buyer desires to purchase from Seller all of the outstanding shares of capital stock
of the Company consisting of 1,000 shares of Common Stock (the “Shares”); and 
 WHEREAS, Seller desires to sell to
Buyer the Shares owned by Seller; 
 NOW, THEREFORE, in consideration of the mutual premises, covenants and agreements contained in
this Agreement and for other good and valuable consideration, the receipt and sufficiency of which are hereby being acknowledged, the parties hereto agree as follows: 
 ARTICLE I 
 DEFINITIONS 
 1.01. Definitions. (a) The following terms, as used herein, have the following meanings: 
 “Adobe” shall mean Adobe Systems Incorporated and its affiliates. 
 “Adobe Litigation” shall mean any and all litigation arising out of the actions before the United States District Court for the Northern
District of Illinois (Case No. 02 C 6320 and Case No. 02 C 8256) brought by International Typeface Corporation and/or the Company against Adobe, including any compulsory counter-claims filed in connection with those two actions, but
excluding any non-compulsory counter-claims. 
 “Adobe Litigation Costs” shall mean any and all third-party costs, expenses,
disbursements and other amounts (including, without limitation, fees and expenses of counsel, consultants and experts) incurred in respect of the Adobe Litigation, and in the collection of any judgment or award associated therewith; provided,
however, that it shall not include any retainers, or success fees and shall not include fees for counsel overseeing the litigation on behalf of any investors of the Company. 
 “Adobe Litigation Expense Cap” shall mean $4,000,000. 

 “Adobe UK Arbitration” shall mean the arbitration proceeding initiated by Adobe in
London, England, against the Company and Agfa Monotype Ltd. and subject to the arbitrators ruling of June 28, 2004, including any counter-claims filed in connection with such arbitration. 
 “Adobe UK Arbitration Costs” shall mean (i) any and all third-party costs, expenses, disbursements and other amounts (including,
without limitation, fees and expenses of counsel, consultants and experts) incurred in respect of the Adobe UK Arbitration and in the collection of any judgment or award associated therewith, (ii) any and all payments of any damages or awards
associated with the Adobe UK Arbitration or (iii) any and all payments of any settlement, compromise, discharge or other resolution associated with the Adobe UK Arbitration. 
 “Affiliate” means, with respect to any Person, any Person directly or indirectly controlling, controlled by, or under common control
with such Person. 
 “Affiliated Group” means any affiliated group within the meaning of Section 1504(a) of the Code or
any similar group defined under a similar provision of state, local or foreign law. 
 “Ancillary Agreements” means the
Denmark Services Agreement, the Japan Type License Amendment, the Transition Services Agreement, the Patent License and the Trademark Agreement. 
 “Anticipated Working Capital Amount” means a deficit of US$2,400,000.00. 
 “Balance Sheet” means
the unaudited consolidated balance sheet of the Company and its consolidated subsidiaries as of September 30, 2004 referred to in Section 3.09. 
 “Balance Sheet Date” means September 30, 2004. 
 “Buyer’s
Counsel” means the law firm of Goodwin Procter LLP, Boston, Massachusetts. 
 “Closing Balance Sheet” means a
consolidated balance sheet of the Company and its Subsidiaries as of 12:01 AM on November 1, 2004, together with the notes thereto, if any. 
 “Closing Date” means the date of the Closing. 
 “Code” means the Internal Revenue Code of 1986,
as amended. 
 “Common Stock” means the common stock, $0.01 par value, of the Company. 
 “Company’s Proprietary Rights” means all Proprietary Rights that are owned or purported to be owned or licensed by the Company or
any Subsidiary or used or held for use by the Company or any Subsidiary, including, without limitation, the typefaces and typeface names set forth on Schedule 1.01A. 
  

 2 

 “Denmark Services Agreement” means that agreement by and between the Company and
Agfa-Gevaert A/S providing for the distribution of the Company’s and its subsidiaries’ Typefaces by an employee of such entity in Denmark and substantially in the form attached hereto as Exhibit A. 
 “Environment” shall mean any soil, surface waters (including navigable waters, ocean waters, streams, ponds, drainage basins and
wetlands), groundwaters, drinking water supplies, sediments, surface or subsurface strata, real property, flora, fauna, ambient air (including indoor air), and any other environmental medium or natural resources. 
 “Environmental Claim” means any claim, action, cause of action or notice alleging potential liability (including potential liability for
investigation costs, cleanup costs, response or remediation costs, natural resources damages, property damages, personal injuries, fines or penalties) under any Environmental Law, including any claim, action, cause of action or notice arising out
of, based on or resulting from (a) the presence or Release of any Materials of Environmental Concern at any location, whether or not owned by that party or any of its Affiliates or (b) circumstances forming the basis of any violation, or
alleged violation of any Environmental Law. 
 “Environmental Laws” shall mean any federal, state, and local law, statute,
common-law standard, regulation, rule, ordinance, by-law, order or other binding decision of any governmental entity, whether existing on the date hereof, previously enforced, or subsequently enacted, regarding health, safety, natural resources, or
the Environment, including, without limitation, laws relating to Release of Materials of Environmental Concern or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, Release, transport, disposal or handling of
Materials of Environmental Concern. “Environmental Law” shall include, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act (42 U.S.C. §§9601 et seq.), the Hazardous Materials
Transportation Act (49 U.S.C. §§180 et seq.), the Resource Conservation and Recovery Act (42 U.S.C. §§6901 et seq.), the Federal Water Pollution Control Act (33 U.S.C. §§ 1251 et seq.), the Clean
Air Act (42 U.S.C. §§ 7401 et seq.), the Toxic Substances Control Act (15 U.S.C. §§ 2601 et seq.), the Oil Pollution Act (33 U.S.C. §§ 2701 et seq.), the Emergency Planning and Community
Right-to-Know Act (42 U.S.C. §§11001 et seq.), the Occupational Safety and Health Act (29 U.S.C. §§ 651 et seq.), and all other state laws analogous to any of the above. 
 “Environmental Permits” shall mean any federal, state or local permit, license, registration, approval, consent or authorization
required by any Governmental Authority under or in connection with any Environmental Law, and includes, without limitation, any and all orders, consent orders or binding agreements issued or entered into by a Governmental Authority under any
applicable Environmental Law. 
 “Excluded Matters” means any one or more of the following effects, events or changes:
(a) general changes in economic conditions or changes in the industry in which the Company does business except to the extent of such changes that have a materially disproportionate effect on the Company and the Subsidiaries taken as a whole in
relation to other companies in the 

  

 3 

 
industry, (b) the effect of any change arising in connection with any “act of God” including, without limitation, weather, natural disasters
and earthquakes, hostilities, acts of war, sabotage or terrorism or military actions or any escalation or material worsening of any such hostilities, acts of war, sabotage, terrorism or military actions, (c) changes, effects or events resulting
from or arising out of changes, effects or events caused by the taking of any action required or expressly permitted by this Agreement other than with respect to the public announcement of the transactions contemplated by or the terms of this
Agreement, (d) the taking of any action by the Company that has been approved by the Buyer, (e) any change or effect resulting from a change in accounting rules or procedures announced by the Financial Accounting Standards Board or any
other accounting body with authority to promulgate U.S. generally accepted accounting principles (“GAAP”), or (f) any effect, event or change resulting from a breach of this Agreement by Buyer. 
 “HSR Act” means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. 
 “Japan Type License Amendment” means an amendment to that certain Type License Agreement by and between Agfa-Gevaert Japan and Agfa
Monotype Corporation and dated as of November 1, 1995 and substantially in the form attached hereto as Exhibit B. 
 “Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest, restriction or encumbrance of any kind in respect of such asset. 
 “Material Adverse Change” means a material adverse change in the business, assets, condition (financial or otherwise) or results of
operations of the Company and the Subsidiaries taken as a whole other than as a result of Excluded Matters. 
 “Material Adverse
Effect” means a material adverse effect on the business, assets, condition (financial or otherwise) or results of operations of the Company and the Subsidiaries taken as whole other than as a result of Excluded Matters. 
 “Materials of Environmental Concern” shall mean (a) any petrochemical or petroleum products, oil or coal ash, radon gas, asbestos
or asbestos-containing material, PCBs or transformers or other equipment that contains PCBs, lead-based paint, or urea formaldehyde foam insulation, (b) any chemicals, materials, substances or wastes which are defined or regulated as
“hazardous substances,” “hazardous materials,” “hazardous constituents,” “restricted hazardous materials,” “extremely hazardous substances,” “hazardous wastes,” “extremely hazardous
wastes,” “restricted hazardous wastes,” “toxic substances,” “toxic pollutants,” “ toxic air pollutants,” “pollutants,” “contaminants” or words of similar meaning and regulatory effect,
including, without limitation, as the foregoing may be defined under any Environmental Law, (c) any toxic mold, mildew, or fungi, and (d) other chemicals, materials, wastes or substances, the exposure to or treatment, storage,
transportation, disposal or Release of which is prohibited, limited or regulated by any Environmental Law. 
  

 4 

 “Minimum Net Operating Working Capital” shall be determined by the Closing Date Balance
Sheet, and shall mean the Company’s current assets (including Minimum Cash, cash and cash equivalents, accounts receivables and prepaid expenses but excluding deferred tax assets) minus the Company’s current liabilities (including
accounts payable and accrued expenses but excluding deferred revenue and any liabilities relating to the Granite Systems earnout), each as set forth on the Closing Balance Sheet, each in accordance with GAAP and accounting policies and practices on
or prior to the Closing Date; provided, however, that for purposes of the definition of “Minimum Net Operating Working Capital” the Company’s current assets and liabilities shall not include any Tax receivables relating
to Tax refunds or credits of pre-closing Taxes contemplated in section 10.05 of this Agreement or liabilities for any Taxes. For purposes of determining the Minimum Net Operating Working Capital, (i) the Company’s liability for LIC shall
be US$3,700,000, (ii) the Company’s liability for payments under the Transaction Bonus Plan shall be US$0 (iii) the intercompany settlement and Closing Dividend provided for in Schedule 6.04, shall be treated as having
occurred on October 31, 2004, (vi) the payment to Adobe of $1,834,500 in settlement of certain matters in connection with the Adobe UK Arbitration shall be treated as having occurred on October 31, 2004 and (v) the Company’s
liability for Adobe Litigation Costs and Adobe UK Arbitration Costs shall be US$0. For avoidance of doubt and by way of example, the attached Schedule 1.01B sets forth a calculation of Minimum Net Operating Working Capital determined in
accordance with the foregoing definition. 
 “Minimum Cash” means US$1,000,000.00 in cash. 
 “Note Termination Agreement” means that certain Mutual Termination and Release Agreement between the Company and Parent terminating the
intercompany promissory notes and substantially in the form attached hereto as Exhibit C. 
 “Person” means an
individual, corporation, partnership, association, trust or other entity or organization, including a government or political subdivision or an agency or instrumentality thereof. 
 “Products” means those consumer device fonts and technologies, independent software vendor fonts, printer fonts, software drivers for
printer manufacturers, printer color tools and other products and/or services and related documentation designed, manufactured, marketed, sold and/or distributed by the Company and/or any Subsidiary. 
 “Proprietary Rights” means all (A) patents, patent applications, inventions, discoveries, patent disclosures and all related
continuation, continuation-in-part, divisional, reissue, re-examination, utility, model, certificate of invention and design patents, patent applications, registrations and applications for registrations, (B) trademarks, service marks, trade
dress, logos, tradenames, service names and corporate names and registrations and applications for registration of any of the foregoing, (C) copyrights and registrations and applications for registration thereof, (D) mask works and
registrations and applications for registration thereof, (E) computer software, data and documentation, (F) trade secrets and confidential business information, whether patentable or nonpatentable and whether or not reduced to practice,
know-how, 

  

 5 

 
manufacturing and product processes and techniques, research and development information, copyrightable works, financial, marketing and business data,
pricing and cost information, business and marketing plans and customer and supplier lists and information (collectively, “Trade Secrets”), (G) domain name registrations, (H) other proprietary rights relating to any of the
foregoing (including without limitation associated goodwill and remedies against infringements thereof and rights of protection of an interest therein under the laws of all jurisdictions) and (I) copies and tangible embodiments thereof.

 “Release” means any actual or threatened release, spill, leak, pumping, pouring, emission, emptying, injecting, leaching,
dumping, migration, seepage, discharge, disposal, or allowing to escape into or through the Environment. 
 “Seller’s
Counsel” means the law firm of Testa, Hurwitz & Thibeault, LLP, Boston, Massachusetts. 
 “Subsidiary”
means any entity of which securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other persons performing similar functions are owned directly or indirectly by the Company. 

“Transition Services Agreement” means a transition services agreement by and between Seller and the Company substantially in the form
attached hereto as Exhibit D. 
 “Working Capital Shortfall” means the amount by which the Anticipated Working
Capital Amount exceeds Minimum Net Operating Working Capital. 
 (b) Each of the following terms is defined in the Section set forth opposite
such term: 
  

			
	 Term
	  	 Section

		
	Access	  	2.03
	Additional Payment	  	8.06
	Adobe Damages	  	8.06
	Adobe Damages Cap	  	8.06
	Adobe Recovery	  	8.06
	Aggrieved Party	  	12.03
	Allocation Schedule	  	10.07
	AML	  	7.03
	Audited Financial Statements	  	3.06
	Benefit Arrangement	  	9.01
	Buyer	  	Recitals
	Buyer Qualifying Claim	  	12.02
	Closing	  	2.02
	Closing Dividend	  	6.04
	Company	  	Recitals
	Company Entities	  	8.04

  

 6 

			
	 Term
	  	 Section

		
	Company Offer	  	6.05
	Company Securities	  	3.04
	Company Trade Secrets	  	3.15
	Damages	  	12.02
	Disagreement	  	14.10
	Disclosure Schedules	  	3.00
	Eligible Employees	  	8.06
	Employee Plan	  	9.01
	ERISA	  	9.01
	ERISA Affiliate	  	9.01
	Filings	  	14.05
	Financial Statements	  	3.06
	Font Business	  	6.05
	Forms	  	10.07
	GAAP	  	1.01
	Indemnified Parties	  	7.04
	Indemnifying Party	  	12.03
	LIC	  	2.01
	Major Customers	  	3.20
	Multiemployer Plan	  	9.01
	Negotiation Period	  	6.05
	Net Intercompany Balance	  	6.04
	Patent License	  	7.03
	Permit	  	3.13
	Printer Driver Business	  	6.05
	Purchase Price	  	2.01
	Records	  	2.03
	Required Consents	  	3.02
	Right of First Offer	  	6.05
	Section 338(h)(10) Election	  	10.07
	Seller	  	Recitals
	Seller Entities	  	8.04
	Seller Notice	  	6.05
	Seller Response	  	6.05
	Seller Qualifying Claim	  	12.02
	Shares	  	Recitals
	Subsidiary Securities	  	3.05
	Tax	  	3.16
	Tax Return	  	3.16
	TBP Employees	  	8.05
	TBP Payment	  	8.05
	Third Party Offer	  	6.05
	Third Party Rights	  	3.15
	Trademark Agreement	  	7.03
	Trade Secrets	  	1.01
	Transaction Bonus Notes	  	8.05
	Transaction Bonus Plan	  	8.05
	Unaudited Financial Statements	  	3.06
	Upside	  	8.06

  

 7 

 ARTICLE II 
 PURCHASE AND SALE 
 2.01. Purchase and Sale. Upon the terms and subject to the
conditions of this Agreement, Seller shall sell to Buyer, and Buyer shall purchase from Seller, at the Closing, the Shares. The purchase price for the Shares is US$194,000,000 in the aggregate and consisting of US$164,729,612 in cash plus assumption
of obligations under the Transaction Bonus Notes in an amount not to exceed US$23,796,000 as set forth in Section 8.05 (plus US$474,388 relating to the Company’s portion of employment taxes relating to the Transaction Bonus Notes),
assumption of obligations in an amount not to exceed US$3,700,000 relating to amounts owed under the Company’s Long-Term Incentive Compensation Plan (the “LIC”) and assumption of obligations in an amount not to exceed
US$1,300,000 relating to amounts expected to be earned in connection with the Granite Systems earnout arrangement (in the aggregate, the “Purchase Price”), subject to adjustment as set forth in Section 2.04. The Purchase Price
shall be paid as provided in Section 2.02. 
 2.02. Closing. The closing (the “Closing”) of the purchase
and sale of the Shares hereunder shall take place at the offices of Goodwin Proctor LLP in Boston, MA on November 5, 2004, or at such other time thereafter or place as Buyer and Seller may agree, but in no event prior to the expiration of the
waiting period under the HSR Act (November 1, 2004, 11:59 p.m. Boston time). At the Closing: 
 (i) Buyer shall deliver to Seller an amount
equal to US$164,729,612, in immediately available funds by wire transfer to an account of Seller, such account to be designated by the Seller by written notice to Buyer not later than two business days prior to the Closing Date. 
 (ii) Seller shall deliver to Buyer certificates for the Shares duly endorsed or accompanied by stock powers duly endorsed in blank, with any required
transfer stamps affixed thereto. 
 (iii) Seller shall deliver the original corporate record books and stock record books of the Company and
each wholly-owned Subsidiary and the stock certificates and investment documents in connection with the Company’s investments. 
 (iv)
The appropriate parties shall execute and deliver the Ancillary Agreements. 
  

 8 

 (v) The parties shall execute and deliver, and shall cause the other parties thereto to execute and
deliver, any other instruments, documents and certificates that are required to be delivered pursuant to this Agreement or as may be reasonably requested by any party in order to consummate the transactions contemplated by this Agreement.

 2.03. Closing Balance Sheet. 
 (i) Within 90 days of the Closing Date, Buyer (itself or through a firm of independent public accountants designated by Buyer) shall in good faith prepare and deliver to Seller (a) the Closing Balance Sheet
reflecting all balance sheet items of the Company as of 12:01 AM on the Closing Date, without giving effect to any of the transactions contemplated by this Agreement or any of the Ancillary Agreements (other than the Closing Dividend provided for in
Section 6.04) and (b) a reasonably detailed calculation of Minimum Net Operating Working Capital as of the Closing Date. The Closing Balance Sheet shall (x) fairly present the consolidated financial position of the Company and its
consolidated subsidiaries as of 12:01 AM on the Closing Date in accordance with GAAP and (y) be prepared in accordance with accounting policies and practices used by the Company on or prior to the Closing and set forth on Schedule 2.03.
Upon request of Seller which request shall be made within 45 days of receipt of the Closing Balance Sheet, the Buyer shall, within 30 days of such request, provide (a) Seller with such additional information, documents, records and the like
(the “Records”) and (b) Seller and its advisors and representatives access to Company personnel and Records (the “Access”) as is reasonably necessary in order for Seller (and its accountants and advisors) to
evaluate Buyer’s calculation of Minimum Net Operating Working Capital. 
 (ii) If Seller disagrees with Buyer’s calculation of
Minimum Net Operating Working Capital delivered pursuant to Section 2.03(i), Seller may, within 45 days after delivery and/or provision of all Records and/or Access, respectively, requested by Seller within the 45-day period referred to in
Section 2.03(i), deliver a notice to Buyer disagreeing with such calculation and setting forth in reasonable detail the reasons for disagreement and Seller’s calculation of such amount. Any such notice of disagreement shall specify those
items or amounts as to which Seller disagrees, and Seller shall be deemed to have agreed with all other items and amounts contained in the Closing Balance Sheet and the calculation of Minimum Net Operating Working Capital delivered pursuant to
Section 2.03(i). 
 (iii) If a notice of disagreement shall be duly delivered by Seller to Buyer pursuant to Section 2.03(ii), the
parties shall, during the 45 days following such delivery, use their best efforts to reach agreement on the disputed items or amounts in order to determine, as may be required, the amount of Minimum Net Operating Working Capital, which amount shall
not be less than the amount thereof shown in Buyer’s calculations delivered pursuant to Section 2.03(i), nor more than the amount thereof shown in Seller’s calculation delivered pursuant to Section 2.03(ii). If, after such 45-day
period, the parties are unable to reach such agreement, either Buyer or Seller may thereafter cause an independent accounting firm of internationally recognized standing reasonably satisfactory to Seller and Buyer (who shall not have any material
relationship with the Seller, the Company, or the Buyer or any other of their Affiliates), promptly 

  

 9 

 
to review this Agreement and the disputed items or amounts for the purpose of calculating Minimum Net Operating Working Capital. In making such calculation,
such independent accountants shall consider only those items or amounts in the Closing Balance Sheet or Buyer’s calculation of Minimum Net Operating Working Capital as to which Seller has disagreed. Such independent accountants shall provide
such calculation of Minimum Net Operating Working Capital in accordance with GAAP and the accounting policies and practices used by the Company on or prior to the Closing and set forth on Schedule 2.03. Correspondence with the independent
accountant shall be in writing, with a copy to the Seller or Buyer, as applicable. If correspondence is verbal, both of Seller and Buyer or their representatives must be present during such verbal discussions. Such independent accountants shall
deliver to Seller and Buyer, as promptly as practicable, a report in reasonable detail setting forth such calculation. Such report shall be final and binding upon the parties hereto. The cost of such review and report shall be borne (a) by
Buyer if the Minimum Net Operating Working Capital as determined by the independent accountant is not revised in favor of the Seller, (b) by Seller if the Minimum Net Operating Working Capital as determined by the independent accountant is
revised in favor of Seller and (c) otherwise equally by Seller and Buyer. 
 (iv) The parties hereto agree that they will, and agree to
cause their respective independent accountants and the Company to cooperate and assist in the preparation of the Closing Balance Sheet and the calculation of Minimum Net Operating Working Capital and in the conduct of the reviews referred to in this
Section 2.03, including without limitation the making available to the extent necessary of books, records, work papers and personnel. 
 2.04. Purchase Price Adjustment. 
 (i) If, based on the Closing Balance Sheet (as agreed to following resolution of
any disagreement pursuant to Section 2.03 above), there is a Working Capital Shortfall, Seller shall refund from the Purchase Price paid by Buyer to Seller at the Closing the amount of such Working Capital Shortfall. Any such refund pursuant to
this Section 2.04(i) shall be made at a mutually convenient time and place (a) within 45 days after the Buyer’s delivery and/or provision of all of the Records and/or Access, respectively, requested by Seller within the 45-day period
referred to in Section 2.03(i), if no notice of disagreement with respect to Minimum Net Operating Working Capital is duly delivered pursuant to Section 2.03(ii) or (b) if a notice of disagreement with respect to Minimum Net Operating
Working Capital is duly delivered pursuant to Section 2.03(ii) above, then within five (5) business days after the earlier of (1) agreement between the parties pursuant to Section 2.03(iii) with respect to the calculations of
Minimum Net Operating Working Capital and (2) delivery of the calculation of Minimum Net Operating Working Capital by the independent accountants referred to in Section 2.03(iii). 
 (ii) Method and Nature of Payment. Any such refund to Buyer to be made pursuant to this Section 2.04 shall be made by Seller via wire
transfer, certified check or official bank check payable in immediately available funds to Buyer as may be designated at such time by Buyer. Any such refund made in accordance with this Section 2.04 shall be deemed an adjustment to the Purchase
Price. 
  

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 ARTICLE III 
 REPRESENTATIONS AND WARRANTIES RELATING TO 
 THE COMPANY 
 Except as disclosed on the disclosure schedules attached hereto as Exhibit E (the “Disclosure Schedules”), such Disclosure
Schedules to be arranged in sections to correspond to the sections of Articles III and IV and all information disclosed therein to be deemed to be disclosed under and incorporated into any section therein where the applicability of such disclosure
would be reasonably apparent, the Seller and the Company hereby represent and warrant to Buyer as of the date hereof and as of the Closing Date that: 
 3.01. Corporate Existence and Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Delaware, and has all corporate powers and all
governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted. The Company is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction where the character
of the property owned or leased by it or the nature of its activities makes such qualification necessary, except for those jurisdictions where failure to be so qualified would not, individually or in the aggregate, have a Material Adverse Effect.
The Company has made available to Buyer or Buyer’s Counsel true and complete copies of the corporate charter and bylaws of the Company and each Subsidiary as currently in effect. 
 3.02. Consents. Except as otherwise set forth in Section 3.02, no consent, approval, waiver or other action by any Person (other than
in connection with compliance with any applicable requirements of the HSR Act) under any material contract, agreement, indenture, lease, instrument or other document to which the Company or any Subsidiary is a party or by which any of them is bound
is required or necessary for the execution, delivery and performance of this Agreement by the Seller or the consummation of the transactions contemplated hereby. Each of the consents identified on Schedule 3.02 under the heading
“Required Consents” shall be referred to herein as the “Required Consents.” The Buyer and Seller agree to, as soon as practicable after the Closing, assign the Japan Agreements (as defined on Schedule 3.02 of the
Disclosure Schedule) to the Company pursuant to the form of Assignment and Assumption to be entered into by and between Agfa-Gevaert Japan, Limited and the Company with such form attached hereto as Exhibit F, subject to the written consent of
the third party prior to such assignments, where required. The Buyer and Seller hereby acknowledge and agree that such assignment to the Company of the Japan Agreements shall be governed by the Japan Type License Amendment. 
 3.03. Non-Contravention. The execution, delivery and performance by the Seller of this Agreement and the consummation of the transactions
contemplated hereby do not and will not (i) contravene or conflict with the corporate charter or bylaws of the Company or any Subsidiary, (ii) assuming compliance with any applicable requirements of the HSR Act referred to in
Section 4.03, contravene or conflict with any provision of any law, regulation, judgment, 

  

 11 

 
injunction, order or decree binding upon or applicable to the Company or any Subsidiary; (iii) assuming the receipt of all Required Consents, constitute
a default under or give rise to any right of termination, cancellation or acceleration of any material right or obligation of the Company or any Subsidiary or to a loss of any material benefit to which the Company or any Subsidiary is entitled under
any provision of any agreement, contract or other instrument binding upon the Company or any Subsidiary or any material permit held by the Company or any Subsidiary or (iv) assuming the receipt of all Required Consents result in the creation or
imposition of any material Lien on any asset of the Company or any Subsidiary. 
 3.04. Capitalization. Immediately prior to
the Closing, the authorized capital stock of the Company consists of one thousand (1,000) shares of Common Stock. As of the date hereof and prior to the Closing, one thousand (1,000) shares of Common Stock are issued and outstanding. There
are no agreements or understandings to which Seller or the Company is a party, or which are in existence, with respect to the transfer, ownership, sale or voting of the Shares and no shares of capital stock of the Company are reserved for issuance.
Except as set forth in this Section, as of the date hereof, there are no outstanding (i) shares of capital stock, other securities or any other equity interests of the Company, (ii) securities of the Company convertible into or
exchangeable for shares of capital stock or other securities of the Company or (iii) options or other rights to acquire from the Company any capital stock, other securities or any other equity interests of the Company (the items in clauses (i),
(ii) and (iii) being referred to collectively as the “Company Securities”). There are no other obligations of the Company, actual or contingent, to issue or deliver or to repurchase, redeem or otherwise acquire any Company
Securities. All outstanding shares of the Company’s capital stock are duly authorized, validly issued, fully paid, nonassessable and are shown as the Company’s stockholders of record on the stock books of the Company. Except as
contemplated in Section 6.04 or as set forth on Schedule 3.04, there no declared or accrued but unpaid dividends with respect to any shares of the Company Common Stock. 
 3.05. Subsidiaries. (a) Except as set forth on Schedule 3.05, the Company does not directly or indirectly own any equity or
similar interest in, or any interest convertible into or exchangeable or exercisable for, any equity or similar interest in, any Person. 
 (b) Each Subsidiary is a corporation duly incorporated, validly existing and in good standing under the laws of its jurisdiction of incorporation, has all corporate powers and all material governmental licenses, authorizations, consents and
approvals required to carry on its business as now conducted and is duly qualified to do business as a foreign corporation and is in good standing in each jurisdiction where the character of the property owned or leased by it or the nature of its
activities make such qualification necessary, except for those jurisdictions where failure to be so qualified would not, individually or in the aggregate, have a Material Adverse Effect. The names of all Subsidiaries, the number and type of
outstanding equity interest of each Subsidiary a list of the beneficial and record holders of each Subsidiary, and their respective jurisdictions of incorporation are identified on Schedule 3.05. 
 (c) All of the outstanding capital stock of, or other ownership interests in, each Subsidiary, is owned by the Company, directly or indirectly, free and
clear of any Lien and free 

  

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of any other limitation or restriction (including any restriction on the right to vote, sell or otherwise dispose of such capital stock or other ownership
interests). There are no outstanding (i) securities of the Company or any Subsidiary convertible into or exchangeable for shares of capital stock or other voting securities or ownership interests in any Subsidiary or (ii) options or other
rights to acquire from the Company or any Subsidiary to issue, any capital stock, voting securities or other ownership interests in, or any securities convertible into or exchangeable for any capital stock, voting securities or ownership interests
in, any Subsidiary (the items in clauses (i) and (ii) being referred to collectively as the “Subsidiary Securities”). There are no outstanding obligations of the Company or any Subsidiary to repurchase, redeem or otherwise
acquire any outstanding Subsidiary Securities. There are no declared or accrued but unpaid dividends with respect to any shares of the capital stock of any Subsidiary. 
 3.06. Financial Statements. (a) The Seller has attached hereto as Schedule 3.06 and has previously furnished Buyer with true and complete copies of: 
 (i) the audited consolidated balance sheets of the Company and its Subsidiaries as of December 31, 2003 and December 31, 2002,
the audited consolidated statements of operations, the audited consolidated statements of changes in stockholders equity and the audited consolidated statements of cash flows, of the Company and its Subsidiaries for the years ended December 31,
2003 and December 31, 2002 (the “Audited Financial Statements”); and 
 (ii) the unaudited consolidated
balance sheets and statement of operations of the Company and its Subsidiaries as of and for the nine-month period ended September 30, 2004 (“Unaudited Financial Statements” and together with the Audited Financial Statements,
the “Financial Statements”). 
 (b) Each of the balance sheets included in the Financial Statements fairly presents in all
material respects the consolidated financial position of the Company and its Subsidiaries as of its date, and the other statements included in the Financial Statements fairly present in all material respects the consolidated results of operations,
changes in stockholders’ equity and cash flows, as the case may be, of the Company and its Subsidiaries for the periods therein set forth, in each case in accordance with GAAP consistently applied during the periods involved except as otherwise
stated therein and, in the case of the Unaudited Financial Statements, for the omission of footnote disclosures and to the extent consistent with GAAP, normally occurring year-end adjustments. 
 3.07. No Undisclosed Material Liabilities. Neither the Company nor any Subsidiary has any liabilities of any nature, whether accrued,
unaccrued, absolute, contingent, determined, determinable or otherwise, and there is no existing condition, situation or set of circumstances that could reasonably be expected to result in such a liability, other than (a) as listed on
Schedule 3.07, (b) liabilities disclosed or provided for in the Financial Statements and (c) liabilities that have arisen in the usual, regular and ordinary course of business consistent with past practices since the Balance Sheet
Date, none of which individually or in the aggregate has resulted or would result in a Material Adverse Effect. 
  

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 3.08. Absence of Certain Changes. Since the Balance Sheet Date, except as reflected in the
Financial Statements or in Schedule 3.08, the Company and the Subsidiaries have conducted their businesses in the ordinary course consistent with past practices and there has not been: 
 (a) except as otherwise provided in Section 6.04, any declaration, setting aside or payment of any dividend or other distribution
with respect to any Company Securities or any repurchase, redemption or other acquisition by the Company or any Subsidiary of any outstanding shares of capital stock or other securities of, or other ownership interests in, the Company or any
Subsidiary; 
 (b) any amendment of any outstanding security of the Company or any Subsidiary; 
 (c) any incurrence, assumption or guarantee by the Company or any Subsidiary of any indebtedness for borrowed money other than in the
ordinary course of business and in amounts and on terms consistent with past practices; 
 (d) any creation or assumption by
the Company or any Subsidiary of any Lien on any asset; 
 (e) any making of any loan, advance or capital contributions to or
investment in any Person other than loans, advances or capital contributions to or investments in wholly-owned Subsidiaries and other than loans or advances to Seller, all made in the ordinary course of business consistent with past practices;

 (f) any damage, destruction or other casualty loss (whether or not covered by insurance) affecting the business or assets
of the Company or any Subsidiary that, individually or in the aggregate, has had or could reasonably be expected to have a Material Adverse Effect; 
 (g) any transaction or commitment made, or any contract or agreement entered into, by the Company or any Subsidiary relating to its assets or business (including the acquisition or disposition of any assets) or any
relinquishment by the Company or any Subsidiary of any contract or other right, in either case, material to the Company and the Subsidiaries taken as a whole, other than transactions and commitments in the ordinary course of business consistent with
past practices and those contemplated by this Agreement; 
 (h) any (i) grant of any severance or termination pay to any
director, officer or employee of the Company or any Subsidiary, (ii) entering into of any employment, deferred compensation or other similar agreement (or any amendment to any such existing agreement) with any director, officer or employee of
the Company or any Subsidiary, (iii) change in benefits payable under existing severance or termination pay 

  

 14 

 
policies of the Company or any Subsidiary or employment agreements to which the Company or any Subsidiary is a party or (iv) change in compensation,
bonus or other benefits payable to directors, officers or employees of the Company or any Subsidiary, other than in the ordinary course of business and consistent with past practice; 
 (i) any claim of wrongful discharge or labor dispute, other than routine individual grievances, or any activity or proceeding by a labor
union or representation thereof to organize any employees of the Company or any Subsidiary, which employees were not subject to a collective bargaining agreement at the Balance Sheet Date, or any lockouts, strikes, slowdowns, work stoppages or
threats thereof by or with respect to any employees of the Company or any Subsidiary; 
 (j) any waiver or release of any
right or claim of the Company or any Subsidiary, including any write-off or other compromise of any account receivable of the Company or any Subsidiary except where such amounts do not in the aggregate exceed $150,000 or otherwise in the ordinary
course of business and consistent with past practices; 
 (k) any sale by the Company or any Subsidiary of any Proprietary
Rights or the entering into of any license agreement, distribution agreement, reseller agreement or original equipment manufacturer (OEM) agreement by the Company or any Subsidiary (other than agreements entered into by the Company or any Subsidiary
where such agreements provide for annual payments of not more than $400,000 or otherwise in the ordinary course of business consistent with past practices) with respect to any Proprietary Rights; or 
 (l) any agreement by the Company or any Subsidiary to do any of the things described in the preceding clauses (a) through (k).

 3.09. Property and Equipment. (a) The Company and the Subsidiaries have good and marketable title to, or in the case of
leased property have valid leasehold interests in, all personal property and assets (whether real or personal, tangible or intangible) reflected on the Balance Sheet or acquired after the Balance Sheet Date, except for properties and assets sold
since the Balance Sheet Date in the ordinary course of business consistent with past practices. None of such properties or assets is subject to any Liens, except: 
 (i) Liens disclosed on the Balance Sheet; 
 (ii) Liens for ad valorem Taxes not yet due and payable (and for which adequate accruals or reserves have been established on the Balance Sheet); or 
 (iii) Liens that, individually or in the aggregate, do not materially detract from the value of such property or assets as now used, or
materially interfere with any present or intended use of such property or assets. 
  

 15 

 (b) The assets owned, leased or licensed by the Company and the Subsidiaries, or which it otherwise has
the right to use, constitute all of the assets held for use or used in connection with the business of the Company and the Subsidiaries. 
 3.10. Litigation. Except as set forth on the Disclosure Schedules, there is no action, suit, investigation or proceeding pending against, or, to the knowledge of the Seller or the Company, threatened against, relating to or
affecting, the Company or any Subsidiary or any of their respective properties or the transactions contemplated hereby before any court or arbitrator or any governmental body, agency, official or authority. 
 3.11. Material Contracts. Except for agreements, contracts, plans, leases, arrangements or commitments disclosed in Schedule 3.11 or
any other schedule to this Agreement, as of the date of this Agreement neither the Company nor any Subsidiary is a party to or subject to: 
 (i) any lease providing for annual rentals of $150,000 or more; 
 (ii) any contract relating
to indebtedness for borrowed money or the deferred purchase price of property (whether incurred, assumed, guaranteed or secured by any asset), except contracts relating to indebtedness incurred in the ordinary course of business in an amount not
exceeding $250,000; 
 (iii) any contract for the purchase of materials, supplies, goods, services, equipment or other assets
providing for annual payments by the Company or any Subsidiary of $200,000 or more; 
 (iv) any sales, distribution or other
similar agreement providing for the sale by the Company or any Subsidiary of materials, supplies, goods, services, equipment or other assets providing for annual payments to the Company or any Subsidiary of $200,000 or more; 
 (v) any agency, dealer, sales representative or other similar agreement of $250,000 or more; 
 (vi) any employment agreement providing for annual payments or severance pay or post-employment liabilities or obligations of $150,000 or
more; 
 (vii) any consulting agreement providing for annual payments of $150,000 or more; 
 (viii) any partnership, joint venture or other similar contract, arrangement or agreement; 
 (ix) any license agreement, franchise agreement or agreement in respect of similar rights granted to the Company or any Subsidiary
providing for annual payments of $500,000 or more; 
  

 16 

 (x) any license agreement, franchise agreement or agreement in respect of similar rights
held by the Company or any Subsidiary providing for annual payments of $400,000 or more; 
 (xi) any contract or other
document that limits the freedom of the Company or any Subsidiary to compete in any line of business or with any Person or in any area or which would so limit the freedom of the Company or any Subsidiary after the Closing Date; 
 (xii) any agreement of indemnification or guaranty other than customer agreements entered into in the ordinary course of business
consistent with past practices; 
 (xiii) any mortgages, indentures, loans or credit agreements, security agreements or other
agreements or instruments relating to the borrowing of money or extension of credit, other than extensions of trade credit on customary terms in customer agreements entered into in the ordinary course of business consistent with past practices;

 (xiv) any agreement relating to the disposition or acquisition of assets or any interest in any business enterprise outside
the ordinary course of business consistent with past practices; 
 (xv) any collective bargaining agreements; or 

(xvi) any other contract or commitment not made in the ordinary course of business that is material to the Company and the Subsidiaries
taken as a whole. 
 3.12. Insurance Coverage. The Seller has made available to Buyer a schedule of all insurance policies and
fidelity bonds covering the assets, business, equipment, properties, operations, employees, officers and directors of the Company and the Subsidiaries. There is no claim by Seller relating to the Company or any Subsidiary pending under any of such
policies or bonds as to which coverage has been questioned, denied or disputed by the underwriters of such policies or bonds. All premiums payable under all such policies and bonds have been paid and the Company and the Subsidiaries are otherwise in
full compliance with the terms and conditions of all such policies and bonds. Such policies of insurance and bonds (or other policies and bonds providing substantially similar insurance coverage) have been in effect since three years and remain in
full force and effect. Such policies of insurance and bonds are of the type and in amounts customarily carried by Persons conducting businesses similar to those of the Company and the Subsidiaries. Neither the Seller nor the Company knows of any
threatened termination of, or material premium increase with respect to, any of such policies or bonds. 
 3.13. Compliance with Laws;
No Defaults. (a) Neither the Company nor any Subsidiary is in violation of, or has violated, any applicable provisions of any laws, statutes, ordinances or regulations, except for violations that have not had and would not reasonably be
expected to have, individually or in the aggregate, a Material Adverse Effect. 
  

 17 

 (b) Schedule 3.13 correctly describes each license and permit (a “Permit”)
material to the business of the Company, together with the name of the governmental agency or entity issuing such license or permit. Such licenses and permits are valid and in full force and effect, and none of such licenses or permits will be
terminated or impaired or become terminable as a result of the transactions contemplated hereby. 
 (c) Neither the Company nor any
Subsidiary is in default under, and no condition exists that with notice or lapse of time or both would constitute a default under, any judgment, order or injunction of any court, arbitrator or governmental body, agency, official or authority, which
defaults or potential defaults individually or in the aggregate would reasonably be expected to have a Material Adverse Effect. 
 3.14.
Finder’s Fees. Except for Harris Williams & Co., whose fees will be paid by Seller and its Affiliates other than the Company, there is no investment banker, broker, finder or other intermediary that has been retained by or
is authorized to act on behalf of Seller, the Company or any Subsidiary who might be entitled to any fee or commission from Seller, the Company or any of their respective Affiliates upon consummation of the transactions contemplated by this
Agreement. 
 3.15. Intellectual Property. (a) Schedule 3.15(a) includes a list of the Company’s Proprietary
Rights, as follows: all United States and foreign (A) patent and patent applications, (B) registered and material unregistered trademarks and service marks and trademark and service mark applications, (C) registered and material
unregistered copyrights and applications for copyright registration, (D) mask work registrations and applications to register mask works, and (E) any other such Proprietary Rights that is subject to an application to, or certificate or
registration issued by, any state, government or other public legal authority, specifying as to each, as applicable: (i) the nature of such right; (ii) the owner of such right; (iii) the jurisdictions by or in which such right has
been issued or registered or in which an application for such issuance or registration has been filed, including the respective registration or application numbers. 
 (b)(i) Except as set forth on Schedule 3.15(b), neither the Company nor any Subsidiary during the four years preceding the date of this Agreement has been sued or charged in writing with or been a defendant in
any claim, suit, action or proceeding relating to its business that has not been finally terminated prior to the date hereof and that involves a claim of infringement or misappropriation of any rights of others under any Proprietary Rights,
including but not limited to, patents, trademarks, service marks or copyrights (“Third Party Rights”) and there are no such claims, suits, actions or proceedings pending or, to the knowledge of Seller and the Company, threatened,
and (ii) neither the Seller nor Company has any knowledge of any other claim of infringement or misappropriation by the Company or any Subsidiary, and no knowledge of any continuing infringement or misappropriation by any other Person of any of
the Company’s Proprietary Rights. Except as may be set forth in the license agreement where the Company is the licensee of such Proprietary Right, no Company Proprietary Right is subject to any outstanding order, judgment, decree, stipulation
or agreement restricting the use thereof by the Company or any Subsidiary or restricting the licensing thereof by the Company or any Subsidiary to any Person. 
  

 18 

 (c) The Company and each Subsidiary has taken reasonable security measures to protect the secrecy,
confidentiality and value of all processes and formulae, research and development results and other know-how of the Company or any Subsidiary and any other Trade Secrets included in the Company Proprietary Rights, the value of which to the Company
or such Subsidiary is or would have been contingent upon maintenance of the confidentiality thereof (collectively, “Company Trade Secrets”) including, without limitation, requiring each Company employee and consultant to execute a
binding confidentiality agreement with the Company or a Subsidiary, copies or forms of which have been made available to Buyer or Buyer’s Counsel, and to the knowledge of the Seller and the Company, there has not been any breach by any such
party to such confidentiality agreements. 
 (d) To the knowledge of the Company and the Seller, no third party has asserted any claim, or
has any reasonable basis to assert any valid claim, against the Company or any Subsidiary with respect to (i) the continued employment by, or association with, the Company or any Subsidiary of any of the present officers, employees of or
consultants to the Company or any Subsidiary or (ii) the use by the Company or any Subsidiary or any of such Persons in connection with their activities for or on behalf of the Company or any Subsidiary of any information which the Company or
any Subsidiary or any of such Persons would be prohibited from using under any prior agreements or arrangements or any laws applicable to unfair competition, trade secrets or proprietary information. 
 (e) The Company or a Subsidiary exclusively owns all Company Proprietary Rights owned by or purportedly owned by Company or a Subsidiary or possesses
adequate and enforceable rights to use all Company Proprietary Rights licensed to Company in a manner sufficient for the conduct of its business free and clear of any Liens (other than pursuant to the terms of the license agreements). 
 (f) Except as set forth on Schedule 3.15(f), all patents, patent applications, trademarks, service marks and copyrights owned or purported to be
owned by the Company or a Subsidiary which have been issued by, or registered or the subject of an application filed with, as applicable, the U.S. Patent and Trademark Office, the U.S. Copyright Office or in any similar office or agency anywhere in
the world are enforceable, have been duly maintained (including the payment of maintenance fees), are not expired, cancelled or abandoned and, to Company or the Seller’s knowledge, are valid. 
 (g) Neither the operation of the Company’s business as currently conducted nor any Company Proprietary Right infringes or conflicts with any Third
Party Right, other than the rights of any Person under any patent, and to the knowledge of the Company and the Seller, neither the operation of the Company’s business as currently conducted nor any Company’s Proprietary Rights infringes or
violates the rights of any Person under any patent. 
  

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 (h) No current or former employee or consultant of the Company or any Subsidiary owns any rights in or to
any of the Company’s Proprietary Rights. 
 (i) The Company’s Products perform in accordance with their documented specifications
and as the Company and any Subsidiary has warranted to its customers, except to the extent any such failure to so perform would not reasonably be expected to have a Material Adverse Effect. 
 (j) Neither the Company nor any Subsidiary has embedded any open source, copyleft or community source code in any of its Products which are generally
available or in development, including but not limited to any libraries or code licensed under the GNU General Public License, GNU Lesser General Public License or similar license arrangement. 
 3.16. Taxes. Except as set forth in Schedule 3.16: 
 (a) The Company and its Subsidiaries have filed all Tax Returns that they have been required to file with respect to the Company and its Subsidiaries and have paid all Taxes owed with respect to the Company and its
Subsidiaries. 
 (b) Neither the Company nor any of its Subsidiaries is a party to any agreement, contract, arrangement, or plan that has
resulted or would result, separately or in the aggregate, in the payment of any “excess parachute payment” within the meaning of Section 280G of the Code (or any corresponding provision of state, local or foreign law). Neither the
Company nor any of its Subsidiaries has waived any statute of limitations in respect of Taxes or agreed to any extension of time with respect to a Tax assessment or deficiency. 
 (c) The Seller has filed a consolidated federal income Tax Return with the Company and its Subsidiaries for the taxable year immediately preceding the
current taxable year, and the Company and its Subsidiaries are, and will be through the Closing Date, members of the consolidated group (as defined in Treasury Regulation Section 1.1502-1(h)) of which Seller is the common parent. 
 (d) To the knowledge of the Company and the Seller, there is no action, suit, proceeding, investigation, audit, extensions of statutes of limitation or
claim now pending or asserted that relates to Tax liabilities of the Company or any of its Subsidiaries. 
 (e) The Company and its
Subsidiaries have withheld and paid all Taxes required to have been withheld and paid in connection with amounts paid or owing to any employee, independent contractor, creditor, stockholder or other third party. The Company and its Subsidiaries have
not withheld or paid any Taxes with respect to the Transaction Bonus Notes and/or the TBP Payment. 
 (f) None of the Company and its
Subsidiaries has any liability for the Taxes of any Person other than the Company and its Subsidiaries and Seller and any other members of the Affiliated Group of which Seller is the common parent under Treas. Reg. §1.1502-6 (or any similar
provision of state, local or foreign law). 
  

 20 

 (g) The Affiliated Group of which Seller is the common parent has filed all Tax Returns that it was
required to file for each taxable period during which any of the Company and its Subsidiaries was a member of such Affiliated Group and has paid all Taxes owed with respect to such Affiliated Group. 
 (h) “Tax” or, collectively, “Taxes,” means any and all federal, state, local and foreign taxes, including but not
limited to income, gross receipts, profits, sales, use, value added, ad valorem, transfer, franchise, withholding, estimated, payroll, employment, excise, capital, lease, service, license, severance, stamp, occupation, premium, environmental,
windfall profit and property taxes, together with all interest, penalties and additions imposed with respect to such amounts. 
 (i)
“Tax Returns” means all returns, declarations, reports, claims for refund, information statements and other documents relating to Taxes, including all schedules and attachments thereto, and including all amendments thereof, and the
term “Tax Return” means any one of the foregoing Tax Returns. 
 (j) There are no liens for Taxes (other than for Taxes not
yet due and payable) on the assets of the Company and its Subsidiaries. 
 (k) Neither the Company nor any of its Subsidiaries has been a
United States real property holding corporation within the meaning of Section 897(c)(2) of the Code during the applicable period specified in Section 897(c)(1)(A)(ii) of the Code. 
 3.17. Employees. Schedule 3.17 sets forth a true and complete list of (a) the names, titles, annual salaries and other
compensations of all employees of the Company and the Subsidiaries as of September 15, 2004. None of such employees and no other key employee of the Company or a Subsidiary has indicated to the Company or Seller that he or she
intends to resign or retire as a result of the transactions contemplated by this Agreement or otherwise. 
 3.18. Transactions with
Affiliates. Except as set forth on Schedule 3.18, there are no loans, leases, license agreements, royalty agreements or other continuing transactions between the Company and Seller, or the Company and any Affiliate of Seller. To the
knowledge of the Company and the Seller, none of the officers or directors of the Company or Seller (a) has any material direct or indirect interest in any entity that does business with the Company; (b) has any direct or indirect interest
in any property, asset or right that is used by the Company in the conduct of its business; or (c) has any contractual relationship with the Company other than such relationships that results solely from being an officer, director or
stockholder of the Company. No director, officer or other employee of the Company or any Subsidiary is seeking indemnification from the Company or any Subsidiary, and to the knowledge of the Seller and the Company, no such claim for indemnification
has been threatened. 
 3.19. Environmental Matters. (a) The Company and the Subsidiaries have been in compliance,
and presently are in compliance in all material respects with all applicable 

  

 21 

 
Environmental Laws (which compliance includes the possession by the Company and each Subsidiary of all Environmental Permits, and compliance with the terms
and conditions thereof). The Company and the Subsidiaries have not received any communication that alleges that the Company or any Subsidiary is not in compliance in any respect with all applicable Environmental Laws. To the knowledge of the Seller,
there are no circumstances that may prevent, and there are no circumstances specific to the Company or any Subsidiary that may interfere with, compliance by the Company or the Subsidiaries in the future with all applicable Environmental Laws. The
management, handling, storage, transportation, treatment, and disposal by the Company and the Subsidiaries of all Materials of Environmental Concern have been in compliance in all material respects with all applicable Environmental Laws. All
Environmental Permits currently held by the Company or any Subsidiary are in full force and effect and no appeal or any other proceeding is pending to modify or revoke any such Environmental Permit. 
 (b) There is no Environmental Claim pending or, to the knowledge of the Seller, threatened against or involving the Company or any Subsidiary or, to the
knowledge of the Seller, against any Person whose liability for any Environmental Claim the Company or any Subsidiary has or may have retained or assumed, or which may be attributed to the Company or any Subsidiary, either contractually or by
operation of law. 
 (c) To the knowledge of the Seller, there are no past or present actions or activities by the Seller, the Company or any
Subsidiary, or any past or present circumstances, conditions, events or incidents, including, without limitation, the storage, treatment, Release, arrangement for disposal or presence of any Materials of Environmental Concern, that reasonably could:
(i) result in liability for the Company or any Subsidiary under Environmental Laws; or (ii) form the basis of any Environmental Claim against the Company or any Subsidiary, or against any Person whose liability for any Environmental Claim
the Company or any Subsidiary may have retained or assumed, or which may be attributed to the Company or any Subsidiary, either contractually or by operation of law. 
 (d) The execution, delivery and performance by Seller of this Agreement do not require any notice to or consent or approval of any governmental authority under Environmental Laws and will not trigger any requirements
of notice, investigation, remediation, reporting, consent, or approval under any Environmental Laws. 
 3.20. Customers.
Schedule 3.20 sets forth a list of all customers of the Company who accounted for in excess of $1,000,000 of the Company’s consolidated sales in one or more of the Company’s three (3) fiscal years ending December 31,
2003 and in the nine months ended September 30, 2004 (the “Major Customers”). Except as set forth on Schedule 3.20, since December 31, 2000, no such Major Customer has cancelled or terminated such customer’s
relationship with the Company or any Subsidiary or notified the Company or any Subsidiary in writing that it intends to terminate or materially change its relationship with the Company or such Subsidiary, except where such change would not have a
Material Adverse Effect. 
 3.21. Disclosure. The representations and warranties made or contained in this Agreement, the
Schedules and exhibits hereto and the certificates and statements executed or 

  

 22 

 
delivered in connection herewith do not contain any untrue statement of a material fact required to be stated herein or therein or necessary in order to make
such representations, warranties or other material not misleading in the light of the circumstances in which they were made or delivered. 
 ARTICLE IV 
 REPRESENTATIONS AND WARRANTIES 
 RELATING TO SELLER 
 Seller hereby represents and warrants to Buyer that:

 4.01. Organization and Existence. Seller is a corporation duly organized, validly existing and in good standing under the
laws of the jurisdiction of its organization and has all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted. 
 4.02. Corporate Authorization. The execution, delivery and performance by Seller of this Agreement and the Ancillary Agreements to which
Seller is a party and the consummation by Seller of the transactions contemplated hereby and thereby are within the corporate powers of Seller and have been duly authorized by all necessary corporate action on the part of Seller. This Agreement and
the Ancillary Agreements to which Seller is a party have been duly executed and delivered by Seller, as the case may be, and constitute valid and binding agreements of Seller, enforceable in accordance with their terms. 
 4.03. Governmental Authorization; Consents. The execution, delivery and performance by Seller of this Agreement and the Ancillary
Agreements to which Seller is a party require no action by or in respect of, or filing with, any governmental body, agency, official or authority other than compliance with any applicable requirements of the HSR Act. No consent, approval waiver or
other action by any other Person (other than any governmental body, agency, official or authority referred to above) under any material contract, agreement, indenture, lease, instrument or other document to which the Seller is a party or by which it
is bound is required or necessary for the execution, delivery, and performance of this Agreement by the Seller or the consummation of the transactions contemplated hereby. 
 4.04. Non-Contravention. The execution, delivery and performance by Seller of this Agreement and the Ancillary Agreements to which Seller
is a party and the consummation by Seller of the transactions contemplated hereby and thereby do not and will not (i) contravene or conflict with the corporate charter or bylaws of Seller or (ii) assuming compliance with the matters
referred to in Section 4.03, contravene or conflict with any provision of any law, regulation, judgment, injunction, order, decree, agreement or instrument binding upon or applicable to Seller. 
  

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 4.05. Title to and Validity of Shares. Seller now has, and on the Closing Date will have,
good and marketable title to and unrestricted power to vote and sell the Shares, free and clear of any Lien and, upon purchase and payment therefor and delivery to Buyer thereof in accordance with the terms of this Agreement, Buyer will obtain good
and marketable title to such Shares free and clear of any Lien. All Shares owned by Seller, beneficially and of record, have been duly authorized and validly issued and are fully paid and non-assessable. All Shares to be sold by Seller are
registered in the name of Seller. 
 4.06. Litigation. There is no action, suit, investigation or proceeding pending against,
or to the knowledge of Seller threatened against or affecting, Seller before any court or arbitrator or any governmental body, agency or official that in any manner challenges or seeks to prevent, enjoin, alter or materially delay the transactions
contemplated hereby. 
 ARTICLE V 
 REPRESENTATIONS AND WARRANTIES OF BUYER 
 Buyer hereby represents and warrants to Seller as of the date hereof and as of the
Closing Date that: 
 5.01. Organization and Existence. Buyer is a corporation duly organized, validly existing and in good
standing under the laws of the State of Delaware and have all corporate powers and all material governmental licenses, authorizations, consents and approvals required to carry on their business as now conducted. Buyer is duly qualified to do
business as a foreign corporation and is in good standing in each jurisdiction where the character of the property owned or leased by it or the nature of its activities makes such qualification necessary, except for those jurisdictions where failure
to be so qualified would not, individually or in the aggregate, have a Material Adverse Effect. Buyer has heretofore delivered to Seller true and complete copies of the corporate charter and bylaws of Buyer as currently in effect. 
 5.02. Corporate Authorization. The execution, delivery and performance by each of Buyer of this Agreement and the Ancillary Agreements to
which Buyer is a party and the consummation by Buyer of the transactions contemplated hereby and thereby are within the corporate powers of and have been duly authorized by all necessary corporate action on the part of Buyer. This Agreement and the
Ancillary Agreements to which Buyer is a party have been duly executed and delivered by Buyer, as the case may be and constitute valid and binding agreements of Buyer enforceable in accordance with their terms. 
 5.03. Governmental Authorization; Consents. The execution, delivery and performance by Buyer of this Agreement and the Ancillary Agreements
to which each is a party require no action by or in respect of, or filing with, any governmental body, agency, official or authority other than compliance with any applicable requirements of the HSR Act. No consent, approval, waiver or other action
by any Person (other than any governmental body, agency, official or authority referred to above) under any material contract, agreement, indenture, lease, 
  

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instrument or other document to which Buyer is a party or by which either is bound is required or necessary for the execution, delivery and performance of
this Agreement by Buyer or the consummation of the transactions contemplated hereby. 
 5.04. Non-Contravention. The execution,
delivery and performance by Buyer of this Agreement and the Ancillary Agreements to which Buyer is a party and the consummation by Buyer of the transactions contemplated hereby and thereby do not and will not (i) contravene or conflict with the
corporate charter or bylaws of Buyer, (ii) assuming compliance with the matters referred to in Section 5.03, contravene or conflict with any provision of any law, regulation, judgment, injunction, order, decree, agreement or instrument
binding upon or applicable to Buyer, or (iii) constitute a default under or give rise to any right of termination, cancellation or acceleration of any material right or obligation of the Buyer or any subsidiary thereof or to a loss of any
material benefit to which Buyer or any subsidiary thereof is entitled under any provision of any agreement, contract or other instrument binding upon Buyer or any subsidiary thereof or any material permit held by Buyer or any subsidiary thereof or
(iv) result in the creation or imposition of any material Lien on any asset of the Company or any subsidiary thereof. 
 5.05.
Finders’ Fees. There is no investment banker, broker, finder or other intermediary that has been retained by or is authorized to act on behalf of Buyer who might be entitled to any fee or commission from Buyer or any Affiliate
thereof upon consummation of the transactions contemplated by this Agreement and the Ancillary Agreements. 
 5.06. Financing.
Buyer has sufficient funds available to purchase the Shares. 
 5.07. Purchase for Investment. Buyer is purchasing the Shares
for investment for its own account and not with a view to, or for sale in connection with, any distribution thereof. 
 5.08.
Litigation. There is no action, suit, investigation or proceeding pending against, or to the knowledge of Buyer threatened against or affecting, Buyer or any subsidiary thereof or any of their respective properties on the transactions
hereof before any court or arbitrator or any governmental body, agency or official or authority or which in any manner challenges or seeks to prevent, enjoin, alter or materially delay the transactions contemplated hereby. 
 5.09. Inspections. Buyer is an informed and sophisticated purchaser, and has engaged expert advisors, experienced in the evaluation and
purchase of companies such as the Company as contemplated hereunder. Buyer has undertaken such investigation and has been provided with and has evaluated such documents and information as it has deemed necessary to enable it to make an informed and
intelligent decision with respect to the execution, delivery and performance of this Agreement and the Ancillary Agreements. Buyer agrees to accept the Shares and the Company as they exist on the Closing Date based upon its own inspection,
examination and determination with respect thereto as to all matters, and without reliance upon any express or implied representations or warranties of any nature made by or on behalf of or imputed to Seller except as expressly set forth in this
Agreement. For avoidance of doubt, nothing in this Section 5.09 is intended to supersede any express representation or warranty made by the Seller in this Agreement. 
  

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 ARTICLE VI 
 COVENANTS OF SELLER 
 Seller agrees that: 
 6.01. Notices of Certain Events. The Seller will promptly notify Buyer of: 
 (i) any notice or other communication from any Person alleging that the consent of such Person is or may be required in connection with
the transactions contemplated by this Agreement; 
 (ii) any notice or other communication from any governmental or regulatory
agency or authority in connection with the approval or consent to the consummation of the transactions contemplated by this Agreement by such governmental or regulatory agency or authority; 
 (iii) any actions, suits, claims, investigations or proceedings commenced or, to its knowledge threatened against, relating to or
involving or otherwise affecting the Company or any Subsidiary; and 
 (iv) the occurrence or non-occurrence of any event,
which in each case is likely to cause any representation or warranty of Seller, the Company or its Subsidiaries contained in this Agreement to be untrue or inaccurate in any material respect on the Closing Date. 
 6.02. Confidentiality. Prior to the Closing Date and after any termination of this Agreement, Seller and its Affiliates, will hold, and
will use their best efforts to cause their respective officers, directors, employees, accountants, counsel, consultants, advisors and agents to hold, in confidence, unless compelled to disclose by judicial or administrative process or by other
requirements of law, all confidential documents and information concerning Buyer and its Affiliates furnished to the Company, Seller or its Affiliates, in connection with the transactions contemplated by this Agreement including this Agreement and
Section 8.06 herein, and after the Closing Date all confidential documents and information concerning the Company, except to the extent that such information can be shown to have been (i) in the case of confidential information of Buyer
and its Affiliates, previously known on a non-confidential basis by Seller, (ii) in the public domain through no fault of Seller, (iii) later lawfully acquired by Seller, on a non-confidential basis, from sources other than the Company or
Buyer or (iv) in the case of confidential information of Buyer, independently developed by Seller or its Affiliates without using any information furnished to them by Buyer or its Affiliates pursuant to this Agreement, provided that
Seller may disclose such information to its respective officers, directors, employees, accountants, counsel, consultants, advisors and agents in connection with the transactions contemplated by this Agreement so long as such persons are informed by
Seller of 

  

 26 

 
the confidential nature of such information and are directed by Seller to treat such information confidentially. This Section 6.02 together with
Section 7.01 shall expressly supercede the existing Confidentiality and Non-Disclosure Agreement dated August 6, 2002 by and between TA Associates and the Company. 
 6.03. Agreement not to Hire Employees. The Seller agrees that from and after the Closing Date until the fourth anniversary of the Closing
Date, Seller shall not knowingly and shall cause their Affiliates not to recruit or hire any employees of the Company and its Subsidiaries; provided, that a general advertisement in the public media shall not constitute a violation of the
non-recruitment obligations of this Section 6.03; and, provided further, that this Section 6.03 shall not prohibit solicitation or hiring of employees terminated by Buyer, the Company or its Subsidiaries; and provided
further, that this Section 6.03 shall not prohibit the solicitation or hiring of Kenji Shibuya, Fuminobu Satoh or Dirk Debaer by the Company or its Subsidiaries. 
 6.04. Settlement of Inter-Company Accounts; Dividend Payment. (a) The parties acknowledge that immediately prior to the Closing, the Company will declare and pay a dividend to the Seller (the
“Closing Dividend”) in an amount equal to all of the cash of the Company on such date other than the Minimum Cash and as set forth on Schedule 6.04 attached hereto. 
 (b) The parties acknowledge that Seller and the Company have intercompany accounts reflecting transactions between the two entities. Immediately prior to
the Closing and payment of the Closing Dividend, the Seller and the Company shall settle the intercompany accounts in the manner set forth on the schedule attached hereto as Schedule 6.04 with the remaining balance being deemed the
“Net Intercompany Balance.” The parties hereby agree that the Net Intercompany Balance shall be reduced to zero as of the Closing. 
 6.05. Agreement Not to Compete. (a) The Seller agrees that from and after the Closing Date until the fourth anniversary of the Closing Date, the Seller shall not and will cause its Affiliates not to, without the prior
written consent of Buyer, engage either directly or indirectly, as a principal or for its own account or solely or jointly with others, or as a controlling stockholder in any corporation or joint stock association, in any business that derives in
excess of 50% its consolidated revenues from (1) the development, sale or licensing, on a standalone basis, of (i) fonts, typefaces or typeface names, and (ii) font rasterizers, font compression or font utilities (collectively, a
“Font Business”) and/or (2) the development, sale or licensing, on a standalone basis, of printer drivers, including printer command language (PCL), PostScript, or graphical device interface (GDI) printer drivers (a
“Printer Driver Business”) and, to the extent that Seller acquires a Font Business and/or a Printer Driver Business, (x) the Company shall have a Right of First Offer (as defined below), and (y) if the Seller and the
Company can not agree on acceptable terms to dispose of the Font Business and/or Printer Driver Business pursuant to the Company’s Right of First Offer prior to or during the Negotiation Period (as defined below), then Seller shall have no
further obligation to the Company under the Right of First Offer and Seller shall use commercially reasonable efforts to divest that acquired Font Business and/or Printer Driver Business on terms reasonably acceptable to the Seller within three
(3) years from the date of Seller’s acquisition of the acquired Font Business and/or Printer Driver Business; provided, 

  

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however, that this agreement not to compete is not intended to prohibit, and shall not be interpreted as prohibiting Seller or its Affiliates directly
or indirectly, as a principal or for its own account or solely or jointly with others, or as a stockholder in any corporation or joint stock association from (i) developing, selling or licensing so-called raster image processors in any medium
(e.g. hardware or software), printing or pre-press machines or software workflow solutions or other devices containing fonts or typefaces, (ii) developing, selling or licensing specific processing, viewing or printing software or hardware for
medical information (images, graphics and/or text) on any media (hard copy or soft copy), (iii) developing, selling or licensing specific processing, viewing or printing software or hardware for professional proofing (images, graphics and/or
text) on any media (hard copy or soft copy), or (iv) providing a link from any web site of Seller or any of its Affiliates to any web site of the Company or any of its Affiliates, including without limitation www.fonts.com,
www.agfamonotype.com and www.agfamonotype.co.uk, for a period of eighteen months after the Closing. Notwithstanding the foregoing, nothing herein shall prohibit the Seller, or its Affiliates from owning, directly or indirectly, less
than 30% of any class of securities listed on a national exchange or traded publicly in the over-the-counter market. 
 (b) In the event that
Seller acquires a Font Business and/or a Printer Driver Business, Seller shall notify the Company in writing (the “Seller Notice”) of such fact within 60 days of the closing of such acquisition. The Company has the right (the
“Right of First Offer”), but not the obligation, within 60 days of receipt of the Seller Notice, to deliver a written offer (the “Company Offer”) to the Seller offering to purchase, whether by stock purchase, asset
purchase or merger, or otherwise, the Font Business and/or the Printer Driver Business identified in the Seller Notice. The Company Offer must contain all material terms on which the Company is offering to purchase the Font Business and/or the
Printer Driver Business. The Seller, within 90 days of the receipt of the Company Offer shall deliver a written notice (the “Seller Response”) to the Company indicating whether the Seller will (i) accept the Company Offer in
whole, (ii) accept the Company Offer if certain Seller proposed changes to the Company Offer are acceptable to the Seller, or (iii) reject the Company Offer in whole. The Company and Seller agree to use commercially reasonable efforts to
negotiate, for a period of up to 90 days following receipt of the Seller Response, the terms of an acquisition by the Company of the Seller’s Font Business and/or Printer Driver Business. Such 90-day negotiation period shall be exclusive with
the Buyer and/or the Company. The 90-day period of negotiation may be extended by agreement of both the Seller and the Company (the “Negotiation Period”). 
 (c) If, prior to the termination of the Negotiation Period, the Seller receives an unsolicited bona fide written offer from a third party (a
“Third Party Offer”) to purchase the Font Business and/or the Printer Driver Business on terms that the Seller deems acceptable, then the Seller shall give the Company written notice of such offer providing the material terms
thereof and the option for a period of 30 days from the date of receipt of notice of the Third Party Offer, but not the obligation, to purchase the Font Business and/or the Printer Driver Business on the terms contained in the notice of Third Party
Offer. After the expiration of such 30-day period, the Seller shall have no further obligation to the Company under this Section 6.05(b) and may, but is not obligated to, sell the Font Business and/or Printer Driver Business to such third
party. 
  

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 ARTICLE VII 
 COVENANTS OF BUYER 
 Buyer agrees that: 
 7.01. Confidentiality. Prior to the Closing Date and after any termination of this Agreement, Buyer and its Affiliates will hold, and will
use their best efforts to cause their respective officers, directors, employees, accountants, counsel, consultants, advisors and agents to hold, in confidence, unless compelled to disclose by judicial or administrative process or by other
requirements of law, all confidential documents and information concerning the Seller and its Affiliates furnished to Buyer or its Affiliates in connection with the transactions contemplated by this Agreement including this Agreement and
Section 8.06 herein, except to the extent that such information can be shown to have been (i) previously known on a non-confidential basis by Buyer, (ii) in the public domain through no fault of Buyer, (iii) later lawfully
acquired by Buyer on a non-confidential basis from sources other than the Seller or its Affiliates or (iv) was independently developed by Buyer or its Affiliates without using any information furnished to them by the Seller or its Affiliates
pursuant to this Agreement, provided that Buyer may disclose such information to its officers, directors, employees, accountants, counsel, consultants, advisors and agents in connection with the transactions contemplated by this Agreement and
to its financing sources in connection with obtaining the financing for the transactions contemplated by this Agreement so long as such Persons are informed by Buyer of the confidential nature of such information and are directed by Buyer to treat
such information confidentially. This Section 7.01 together with Section 6.02 shall expressly supercede the existing Confidentiality and Non-Disclosure Agreement dated August 6, 2002 by and between TA Associates and the Company.

 7.02. Access. The Company and the Subsidiaries, on and after the Closing Date, will afford promptly to Seller and its agents
reasonable access to their properties, books, records, employees and auditors to the extent necessary to permit Seller to determine any matter relating to its rights and obligations hereunder or to any period ending on or before the Closing Date,
including in connection with Section 2.03. Seller will hold, and will use their best efforts to cause their representatives, officers, directors, employees, accountants, counsel, consultants, advisors and agents to hold, in confidence, unless
compelled to disclose by judicial or administrative process or by other requirements of law, all confidential documents and information concerning the Company and the Subsidiaries provided to it pursuant to this Section 7.02. 
 7.03. Corporate Name; Trademark and Domain Name; Patent License. (a) The Buyer will and shall cause the Company to, within 3 business
days from the Closing Date, (i) prepare and obtain all necessary corporate authorization to change the Company’s corporate name to one bearing no resemblance to the present corporate name “Agfa” (as opposed to Monotype) and all
variations thereof, (ii) deliver to the Seller a copy of the certificate of amendment or Certificate of Merger to the Company’s Certificate of Incorporation certified by the Secretary of State of the State of Delaware reflecting the change
in the Company’s corporate 

  

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name, and (iii) deliver to the Seller a copy of all documentation filed with the Secretary of State of the State of Illinois and the Commonwealth of
Massachusetts amending the Company’s qualification to do business in each such jurisdiction as a foreign corporation to reflect the change in the Company’s corporate name in a manner consistent with (i) above. The Buyer and the
Company shall cause Agfa Monotype Limited (“AML”) to, as promptly as practicable after the Closing Date, but in no event later than 30 days after the Closing Date, prepare and obtain all necessary corporate name to one bearing no
resemblance to the present corporate name “Agfa” (as opposed to Monotype) and all variations thereof and to deliver a copy of such documentation from AML’s jurisdictions of organization to Seller reflecting the change in AML’s
corporate name. 
 (b) The parties hereto acknowledge that the use of the tradename “Agfa” and related trademarks in certain
typeface names and certain domain names used by the Company shall be governed by the terms of that certain Trademark and Domain Name License Agreement dated as of the date hereof by and among the parties thereto (the “Trademark
Agreement”) and substantially in the form attached hereto as Exhibit H. 
 (c) The parties acknowledge that a license to
certain patents of the Company shall be governed by the terms of that certain Patent License Agreement dated as of the date hereof by and among the parties thereto (the “Patent License”) and substantially in the form attached hereto
as Exhibit I. 
 7.04. Directors and Officers Indemnification. The Company shall indemnify, defend and hold
harmless each person who is now, or has been at any time prior to the date hereof or who becomes prior to the Closing Date, an officer or director of the Company or any Subsidiary (the “Indemnified Parties”) to the same extent that
such Indemnified Parties are currently indemnified by the Company or any Subsidiary pursuant to the Company’s or any Subsidiary’s Certificate of Incorporation and by-laws for acts or omissions occurring at or prior to the Closing Date.
This Section 7.04 will survive the consummation of the transactions contemplated by this Agreement, is intended to benefit the Indemnified Parties, and will be binding on all successors and assigns of the Company. 
 ARTICLE VIII 
 COVENANTS OF ALL
PARTIES 
 The parties hereto agree that: 
 8.01. Best Efforts. Subject to the terms and conditions of this Agreement, each party will use its best efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things
necessary or desirable under applicable laws and regulations to consummate the transactions contemplated by this Agreement. Seller and Buyer each agree, and Seller, prior to the Closing, and Buyer, after the Closing, agree to cause the Company, to
execute and deliver such other documents, certificates, agreements and other writings and to take such other actions as may be necessary or desirable in order to consummate or implement expeditiously the transactions contemplated by this Agreement.

  

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 8.02. Certain Filings. The Company, Seller and Buyer shall cooperate with each other
(a) in determining whether any action by or in respect of, or filing with, any governmental body, agency, official or authority is required, or any actions, consents, approvals or waivers are required to be obtained from parties to any material
contracts, in connection with the consummation of the transactions contemplated by this Agreement and (b) in taking such actions or making any such filings, furnishing information required in connection therewith and seeking timely to obtain
any such actions, consents, approvals or waivers. 
 8.03. Public Announcements. The parties agree not to issue any press
release or make any public statement with respect to this Agreement or the transactions contemplated hereby and, except as may be required by applicable law or any listing agreement with any national securities exchange, without the prior written
consent as to the form and substance of the press release by each other party hereto. The parties agree that such prior written consent shall not be unreasonably withheld or delayed. 
 8.04. Non-Disparagement. (a) Seller hereby agrees that during the period commencing on the date hereof and ending on the date that is
four (4) years after the date hereof, it shall not directly or indirectly, and will cause each of its Affiliates not to, disparage any of the Buyer or the Company or any direct or indirect subsidiary or Affiliate of the Company or the Buyer
(collectively, the “Company Entities”) or any of their respective businesses, activities, products or services to any employee, customer or client (or prospective employee, customer or client) of any Company Entity or encourage any
customer or client (or prospective customer or client) of any Company Entity not to purchase a product or retain a service offered or provided by any Company Entity. This Section 8.04(a) is not intended to, and shall not, limit the Seller
Entities (as defined below) from (i) competing with any of the Company Entities or any product or service offered thereby, or (ii) encouraging any customer or client (or prospective customer or client) to purchase any product or service
offered by any Seller Entity in favor or any product or service offered by any Company Entity. The prior sentence shall not relieve the Seller from compliance with the provisions of Section 6.04 herein. 
 (b) Buyer and the Company hereby agree that during the period commencing on the date hereof and ending on the date that is four (4) years after the
date hereof, it shall not directly or indirectly, and will cause each of its Affiliates not to, disparage any of the Seller or any direct or indirect subsidiary, parent or sister entity or Affiliate of the Seller (collectively, the “Seller
Entities”) or any of their respective businesses, activities, products or services to any employee, customer or client (or prospective employee, customer or client) of any Seller Entity or encourage any customer or client (or prospective
customer or client) of any Seller Entity not to purchase a product or retain a service offered or provided by any Seller Entity. This Section 8.04(b) is not intended to, and shall not, limit the Company Entities from (i) competing with any
of the Seller Entities or any product or service offered thereby, or (ii) encouraging any customer or client (or prospective customer or client) to purchase any product or service offered by any Company Entity in favor or any product or service
offered by any Seller Entity. 
  

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 8.05. Transaction Bonus Plan Payments. Prior to the Closing, the Company shall issue
promissory notes (the “Transaction Bonus Notes”) to certain employees of the Company and its Subsidiaries (the “TBP Employees”) in the aggregate principal amount equal to $23,796,000 (the “TBP
Payment”) evidencing the liability of the Company to the TBP Employees upon a fundamental change of the Company with respect to the Company’s Letter Agreements (the “Transaction Bonus Plan”) dated as of
December 5, 2003, April 30, 2004 and July 6, 2004 by and between the Company and certain employees of the Company and its Subsidiaries. The Company agrees, and effective upon the Closing, the Buyer agrees to cause the Company, to
pay the full principal amounts owed (subject to any applicable Tax withholding) under the Transaction Bonus Notes to the TBP Employees within ten (10) business days of the Closing Date. 
 8.06. Adobe Litigation. 
 (a)
Control of Adobe Litigation. Seller acknowledges and agrees that the Company has a material interest in the Adobe Litigation and that its outcome may impact the value of the Company’s intellectual property. Accordingly, following the
Closing Date, the Company shall be entitled to: (i) manage counsel; (ii) conduct; determine strategy for; enter into and conduct alternative dispute resolution with respect to; (iii) subject to the limitations set forth in
Section 8.06(e) below, settle, compromise, discharge or otherwise resolve (including through alternative dispute resolution); and (iv) otherwise manage and take actions (including in connection with the collection of a judgment) with
respect to, the Adobe Litigation in its sole discretion; provided, however, that the Company is prohibited from electing not to pursue a final, non-appealable judgment awarded to the Company in connection with the Adobe Litigation
which results in the payment of an award to the Company without the Seller’s prior written consent. If a judgment is rendered or if a written settlement offer is proposed by Adobe, then the Company shall promptly inform the Seller. The Company
will afford the Seller an opportunity to consult with the Company with respect to matters set forth above in this Section 8.06(a) and with respect to any settlement offer, and its decision whether or not to accept or reject the offer, whether
in whole or in part such decision to be in the best interests of the Company. To the extent that the Seller desires to pursue such consultation further, Seller may elect to have such matter discussed by a senior executive of the Seller (or of
Seller’s parent company) and a senior executive or non-employee director of the Company. Consultation shall not affect the Company’s ability to settle, compromise, discharge or otherwise resolve the Adobe Litigation subject to compliance
with the provisions of this 8.06. With respect to the selection of principal counsel responsible for the conduct of the Adobe Litigation, the Company agrees to continue to retain Paul F. Stack of Stack and Filpi Chartered for the duration of the
Adobe Litigation; provided, however, that in the event that the Board of Directors of the Company determines, in good faith, that such continued representation may adversely affect the interests of the Company, or that additional
counsel is necessary to protect the interests of the Company, the Company may engage additional or alternative counsel, subject to Seller’s approval, which may not be unreasonably withheld or delayed, and any fees and expenses of such approved
additional or alternative counsel shall be deemed Adobe Litigation Costs. Any Adobe Litigation Costs incurred by the Company shall be reimbursed by the Seller in accordance with Section 8.06(b) 

  

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below. Seller agrees to make available such records and information, and such officers and employees, during normal business hours, as the Company may
reasonably request as necessary to assist with the Adobe Litigation. 
 (b) Payment of Adobe Litigation Costs and Adobe UK Arbitration
Costs. Seller agrees that it is responsible for the payment of (i) all Adobe Litigation Costs incurred and unpaid prior to the Closing Date, and such amounts that have been billed have been paid by the Company prior to the Closing Date,
(ii) all Adobe Litigation Costs incurred on or after the Closing Date but prior to the third anniversary of the Closing Date; provided, however, that the Seller shall not be responsible for any Adobe Litigation Costs pursuant to
this Section 8.06(b)(ii) to the extent that such Adobe Litigation Costs exceed the Adobe Litigation Expense Cap; provided, further, however, that at the conclusion of such three-year period, Seller may elect to continue to
fund the Adobe Litigation Costs and, by so doing, for the duration of time when the Seller funds the Adobe Litigation Costs, Seller shall remain eligible to receive, pursuant to the terms of Section 8.06(c) below, its share of any Adobe
Recovery (as defined below); and (iii) all Adobe UK Arbitration Costs whenever incurred and unpaid, and such amounts that have been billed to date and in payment of fees and costs of the Company (other than £29,144.82) and Adobe (in the
amount of $1,834,500) having been paid prior to Closing. The Company and Seller shall make arrangements to have all invoices and charges related to the Adobe Litigation, for which Seller is responsible to pay, billed directly to the Seller and not
to the Company. All invoices shall be in reasonable detail to allow the Seller to determine that such costs are appropriately related to the Adobe Litigation and/or the Adobe UK Arbitration. In addition, the Company shall provide Seller with
quarterly reports of to-date Adobe Litigation Costs incurred and quarterly budgets of anticipated Adobe Litigation Costs. All invoices, charges and reports to be delivered to Seller shall be subject to suitable arrangements with respect to notice,
conflicts, attorney-client privilege protection and the protection of confidential information, as may be required. Seller may object to any amount that the Company has claimed as an Adobe Litigation Cost or Adobe UK Arbitration Cost as not
reasonably related to such actions by a written notice to the Company and an explanation of the reason for such objection. The Company shall provide such information as the Seller may reasonably request to support its claim that such costs are Adobe
Litigation Costs or Adobe UK Arbitration Costs, as applicable. 
 (c) Distribution of Amounts Recovered. In the event that the Company
(or any of its Subsidiaries) obtains and collects upon a final non-appealable cash award or judgment in the Adobe Litigation or upon a settlement, compromise, discharge or other resolution (the amount actually collected, the “Adobe
Recovery”), such Adobe Recovery shall be applied as follows: (i) first, to reimburse Seller for all Adobe Litigation Costs actually paid by Seller or then required to be paid by Seller; (ii) second, to reimburse the Company for
any non-reimbursed Adobe Litigation Costs incurred by the Company; and (iii) third, any remaining Adobe Recovery shall be distributed 66 2/3% to the Seller, if any, and 33 1/3% to the Company. The Company
shall have no obligation to distribute any Adobe Recovery until actually collected in connection with a final settlement or a non-appealable award or judgment. The Company and Adobe have agreed in principle to a settlement of all outstanding matters
in the Adobe UK Arbitration with result being a net payment to the Company of $125,000. If the Company obtains and collects any amounts from Adobe in connection with the Adobe UK Arbitration (including the $125,000 referred to in the previous
sentence), whether related to reimbursement of costs, for damages or any other reason whatsoever, the Company shall pay all such amounts to Seller within three (3) business days of its receipt. 
  

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 (d) Damages or Other Amounts Payable to Adobe. In the event that the Company (or any of its
Subsidiaries) is the subject of a final non-appealable cash award or judgment or is a party to a settlement, compromise, discharge or other resolution associated with the Adobe Litigation, in each case, that results in any amounts payable by the
Company (or any of its Subsidiaries) to Adobe, including, without limitation, legal fees and/or expenses (the amount payable to Adobe, the “Adobe Damages”), Seller shall be responsible for the payment of all Adobe Damages in an
amount up to $4,000,000 (the “Adobe Damages Cap”). The Seller’s obligation to pay the Adobe Damages is in addition to, and independent of, its obligations to pay the Adobe Litigation Costs, in each case, subject to the Adobe
Litigation Expense Cap and the Adobe Damages Cap, respectively. The Adobe UK Arbitration Costs shall be the sole responsibility of the Seller and shall not impact the Adobe Damages Cap or the Adobe Litigation Expense Cap. The Company shall be
responsible for any Adobe Damages in excess of $4,000,000. 
 (e) Consent To Settlement. In the event of any settlement, compromise,
discharge or other resolution associated with the Adobe Litigation that would result in Adobe Damages, the Company shall obtain Seller’s prior written consent to any such settlement, compromise, discharge or other resolution without the prior
written consent of the Seller, such consent not to be unreasonably withheld or delayed. 
 (f) Additional Payment Triggered by Adobe
Recovery. Upon receipt of any (i) Adobe Recovery or (ii) the amount by which the Adobe Litigation Costs upon a final, non-appealable cash award or dismissal with prejudice of the Adobe Litigation are below the Adobe Litigation Expense
Cap, without duplication ((i) and (ii) collectively, the “Upside”), the Company shall, in good faith, calculate the aggregate amount due to then-current employees of the Company eligible to receive a payment under the
Transaction Bonus Plan as a result of the Upside (such employees, the “Eligible Employees” and such payment, the “Additional Payment”). The Company shall then provide such good faith calculation to Seller in
reasonable detail, along with such other documents and records (including, without limitation, payroll records and other proof of employment) as Seller reasonably requests to substantiate such calculation. Seller shall then pay to the Company the
amount of such aggregate Additional Payment (or, alternatively, may request that the Company offset such amount against the amount of any such Adobe Recovery payable by the Company to Seller). Upon receipt of such aggregate Additional Payment amount
(whether by cash payment by Seller or offset of payment owed by the Company to the Seller), the Company shall promptly and in any case pursuant to the Acknowledgment and Release Agreements between the Company and certain employees of the Company,
pay such amount received from Seller to the Eligible Employees (with each such Eligible Employee receiving the portion of such Additional Payment to which such Eligible Employee is entitled as set forth in the notice delivered to Seller. 

(g) Information Rights. For the duration of the Adobe Litigation and subject to reasonable constraints imposed by attorney-client privilege,
the Company shall provide the Seller with all information, documents and materials related to the Adobe Litigation and the Adobe UK Arbitration as Seller may reasonably request. 
  

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 (h) Survival. Notwithstanding anything to the contrary in this Agreement, the agreements and
covenants made by Seller in this Section 8.06 shall survive the Closing and any liabilities Seller has or may have pursuant to this Section 8.06 shall not terminate or expire in any manner whatsoever, except that the obligation of the
Company to pay Adobe Litigation Costs shall be limited those incurred prior to the expiration of the three (3) year period (including extensions at the option of Seller) set forth in 8.06(b)(ii). 
 In the event of any dispute arising in relation to this Section 8.06, the parties agree that the resolution of such dispute shall be resolved in
accordance with the procedures set forth in Section 14.10 hereof. 
 8.07. Subsidiary Stock Certificate. Seller hereby
agrees that on or prior to the close of business on the date that is 1 business day after the Closing Date, Seller shall deliver to Buyer (or its agent or designee) a certificate representing the shares of stock of Agfa Monotype Limited owned by the
Company, as well as a stock power with respect thereto endorsed in blank. To the extent that such certificate is lost, destroyed or otherwise unavailable for physical delivery to Buyer within the time period provided in the foregoing sentence,
Seller shall, in place of such certificate, deliver to Buyer an affidavit of lost stock certificate with respect thereto. Seller hereby reiterates its agreement to undertake the further assurances set forth in Section 14.05 with respect to the
foregoing matter, including to the extent necessary executing documents to evidence such ownership. 
 ARTICLE IX 
 EMPLOYEE BENEFITS 
 9.01.
Employee Benefits. The following terms, as used herein, having the following meanings: 
 “Benefit Arrangement”
means each employment, severance or other similar contract, arrangement or policy (written or oral) and each plan or arrangement (written or oral) providing for severance benefits, insurance coverage (including any self-insured arrangements),
workers’ compensation, disability benefits, supplemental unemployment benefits, vacation benefits, retirement benefits or for deferred compensation, profit-sharing, bonuses, stock options, stock appreciation rights or other forms of incentive
compensation or post-retirement insurance, compensation or benefits which (i) is not an Employee Plan, (ii) is entered into, maintained or contributed to, as the case may be, by the Company and (iii) covers any employee or director or
former employee or director of the Company. 
 “Employee Plan” means each “employee benefit plan”, as such term is
defined in Section 3(3) of ERISA, that (i) is subject to any provision of ERISA and (ii) is maintained or contributed to by the Company and (iii) covers any employee or director or former employee or director of the Company.

  

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

 “ERISA Affiliate” of any entity means any other entity that, together with such entity, would be treated as a single
employer under Section 414 of the Code. 
 “Multiemployer Plan” means each Employee Plan that is a multiemployer plan,
as defined in Section 3(37) of ERISA. 
 9.02. ERISA Representations. The Company and Seller, jointly and
severally, hereby represent and warrant to Buyer that: 
 (a) Schedule 9.02 lists every Employee Plan copies or descriptions of
all of which have previously been made available or furnished to Buyer. With respect to each Employee Plan, the Company has provided the most recently filed Form 5500 and an accurate summary description of such plan. 
 (b) Schedule 9.02 also includes a list of every Benefit Arrangement, copies or descriptions of which have been made available or furnished
previously to Buyer. 
 (c) None of the Employee Plans or Benefit Arrangements listed on Schedule 9.02 is subject to the laws of any
jurisdiction outside the United States. 
 (d) No Employee Plan is a Multiemployer Plan and no Employee Plan is subject to Title IV of
ERISA. Neither the Company nor any ERISA Affiliate has incurred, within the past six years, nor reasonably expects to incur any liability under Title IV of ERISA arising in connection with the termination of any plan covered or previously
covered by Title IV of ERISA. 
 (e) Each Employee Plan which is intended to be qualified under Section 401(a) of the Code has been
the subject of a favorable determination letter from the Internal Revenue Service. The Company has furnished to Buyer copies of the most recent determination letter with respect to each such Employee Plan. Each Employee Plan has been maintained in
compliance in all material respects with its terms and with the requirements prescribed by any and all statutes, orders, rules and regulations, including but not limited to ERISA and the Code, which are applicable to such Employee Plan. 

(f) Each Benefit Arrangement has been maintained in substantial compliance with its terms and with the requirements prescribed by any and all
statutes, orders, rules and regulations that are applicable to such Benefit Arrangement. 
 (g) With respect to the employees and former
employees of the Company, there are no employee post-retirement medical or health plans in effect, except as required by Section 4980B of the Code. The Company has no obligation to provide such post termination benefits. 
  

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 (h) All contributions and payments accrued under each Employee Plan and Benefit Arrangement, determined
in accordance with prior funding and accrual practices, as adjusted to include proportional accruals for the period ending on the Closing Date, will be discharged and paid on or prior to the Closing Date except to the extent (i) reflected on
the Closing Balance Sheet or (ii) retained by Seller. Except as disclosed in writing to Buyer prior to the date hereof, there has been no amendment to, written interpretation of or announcement (whether or not written) by the Company relating
to, or change in employee participation or coverage under, any Employee Plan or Benefit Arrangement that would increase materially the expense of maintaining such Employee Plan or Benefit Arrangement above the level of the expense incurred in
respect thereof for the fiscal year ended prior to the date hereof. Each asset held under any Employee Plan may be liquidated or terminated without the imposition of any redemption fee, surrender charge or comparable liability. No litigation or
governmental administrative proceeding (or investigation) or other proceeding (other than those relating to routine claims for benefits) is pending, or to the knowledge of the Company and the Seller threatened, with respect to any Employee Plan or
Benefit Arrangement. 
 (i) Except as set forth on Schedule 9.02, no employee of the Company will become entitled to any bonus,
retirement, severance or similar benefit or enhanced benefit solely as a result of the transactions contemplated hereby. 
 (j) Each Employee
Plan and Benefit Arrangement may be amended, terminated or otherwise modified by the Company to the greatest extent permitted by applicable law, including the elimination of any and all future benefit accruals, and no employee communications or
provision of any Employee Plan or Benefit Arrangement document has failed to effectively reserve the right of the Company to so amend, terminate or otherwise modify such Employee Plan or Benefit Arrangement. 
 9.03. No Third Party Beneficiaries. No provision of this Article IX shall create any third party beneficiary or other rights in
any employee or former employee (including any beneficiary or dependent thereof) of the Company in respect of continued employment (or resumed employment) with the Company and no provision of this Article IX shall create any such rights in any
such Persons in respect of any benefits that may be provided, directly or indirectly, under any Employee Plan or Benefit Arrangement or any plan or arrangement that may be established by Buyer or any of its Affiliates. No provision of this Agreement
shall constitute a limitation on rights to amend, modify or terminate after the Closing Date any Employee Plan or Benefit Arrangement. 
  

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 ARTICLE X 
 TAX MATTERS 
 Unless otherwise explicitly provided in this Article X, each of the covenants contained
in this Article X shall survive until the expiration of the applicable statutory period of limitation plus fourteen (14) days. 
 10.01. Tax Sharing Agreements. Any Tax sharing or allocation agreements or arrangements, whether formal or informal, that may exist between the Seller and the Company or any of its Subsidiaries shall terminate with respect to
the Company and its Subsidiaries as of the Closing. All Taxes related to the periods (or partial periods) ending on or before the Closing Date will be included in the intercompany accounts and will be settled under the provisions of
Section 6.04 of this Agreement.  
 10.02. Tax Periods Through the Closing Date. Seller shall include the income of
the Company and its Subsidiaries (including any deferred items triggered into income by Treasury Regulation Section 1.1502-13 and any excess loss account taken into income under Treasury Regulation Section 1.1502-19) on Seller’s
consolidated federal income Tax Returns for all periods through the Closing Date and pay any federal income Taxes attributable to such income. The Company and its Subsidiaries shall furnish Tax information to Seller for inclusion in Seller’s
federal consolidated Tax Return for the period that includes the Closing Date in accordance with the Company’s past custom and practice. The income of the Company and its Subsidiaries shall be apportioned to the period up to and including the
Closing Date and the period after the Closing Date by the closing the books of the Company and its Subsidiaries as of the end of the Closing Date. Seller shall pay, in a timely manner, all unpaid Taxes (other than any Taxes for which Buyer is liable
pursuant to Section 10.11 of this Agreement) (i) of the Company and its Subsidiaries for all taxable periods ending on or before the Closing Date and the portion through the end of the Closing Date for any taxable period that includes (but
does not end on) the Closing Date, (ii) of each member of an affiliated, consolidated, combined or unitary group of which Seller is the common parent and the Company or any of its Subsidiaries (or any predecessor of any of the foregoing) is or
was a member on or prior to the Closing Date for which the Company or its Subsidiaries has liability under Treasury Regulation Section 1.1502-6 (or any similar provision of state, local or foreign law), and (iii) of any Person (other than
the Company and its Subsidiaries) imposed on the Company or its Subsidiaries as a transferee or successor, by contract or otherwise for all taxable periods ending on or before the Closing Date and the portion through the end of the Closing Date for
any taxable period that includes (but does not end on) the Closing Date. 
 10.03. Tax Periods Beginning Before and Ending After the
Closing Date. Seller shall prepare or cause to be prepared and file or cause to be filed any Tax Returns of the Company and its Subsidiaries for Tax periods that begin before the Closing Date and end after the Closing Date. Buyer shall pay
to Seller within fifteen (15) days after the date on which Taxes are paid with respect to such periods an amount equal to the portion of such Taxes which relates to the portion of such Tax period beginning after the Closing Date. For purposes
of this section, in the case of any Taxes that are imposed on a periodic basis and are payable for a Tax period that includes (but does not end on) the Closing Date, the portion of such Tax which relates to the portion of such Tax period beginning
after the Closing Date shall (x) in the case of any Taxes other than Taxes based upon or related to income or receipts, be deemed to be the amount of 

  

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such Tax for the entire Tax period multiplied by a fraction the numerator of which is the number of days in the portion of the Tax period beginning after the
Closing Date and the denominator of which is the number of days in the entire Tax period (provided that such allocation of Taxes shall be equitably adjusted to reflect any material acquisitions or dispositions of property during the Tax period) and
(y) in the case of any Tax based upon or related to income or receipts be deemed equal to the amount which would be payable if the relevant Tax period began after the Closing Date. Any credits relating to a Tax period that begins before and
ends after the Closing Date shall be taken into account as though the relevant Tax period ended on the Closing Date. All determinations necessary to give effect to the foregoing allocations shall be made in a manner consistent with reasonable prior
practice of the Company and its Subsidiaries. 
 10.04. Cooperation on Tax Matters. The Buyer and Seller shall cooperate fully,
as and to the extent reasonably requested by one party of another, in connection with the filing of Tax Returns pursuant to this section and any audit, litigation, or other proceeding with respect to Taxes. Such cooperation shall include the
retention and (upon another party’s request) the provision of records and information which are reasonably relevant to any such Tax Return or audit, litigation, or other proceeding and making employees available on a mutually convenient basis
to provide additional information and explanation of any material provided hereunder. Buyer and Seller agree (A) to retain all books and records with respect to Tax matters pertinent to the Company relating to any Tax period beginning before
the Closing until the expiration of the statute of limitations (and, to the extent notified by Buyer or the Seller, any extensions thereof) of the respective Tax periods, and to abide by all record-retention agreements entered into with any Tax
authority, and (B) to give the other parties reasonable written notice prior to transferring, destroying or discarding any such books and records. Buyer and Seller further agree, upon request, to use their best efforts to obtain any certificate
or other document from any Tax authority or any other Person as may be necessary to mitigate, reduce or eliminate any Tax that could be imposed (including with respect to transactions contemplated hereby). 
 10.05. Refunds and Tax Benefits. Tax refunds that are received by Buyer or any of the Company or its Subsidiaries, and any amounts credited
against Tax to which Buyer or any of the Company or its Subsidiaries become entitled, that relate to Tax periods or partial periods ending on or before the Closing Date, shall be paid by Buyer to Seller within 10 days after receipt or entitlement
thereto. 
 10.06. Post-Closing Elections. At Seller’s request, Buyer will cause any of the Company or its Subsidiaries to
make or join with Seller in making any election if the making of such election does not have a Material Adverse Effect on Buyer (or any of the Company or its Subsidiaries) for any post-Closing Tax period. Buyer shall not (and shall cause the Company
and its Subsidiaries not to) make, amend, or revoke any Tax election or take any other action with respect to Taxes if such action would adversely affect the Seller or any of its Affiliates. Buyer shall not make any Code §338(g) elections with
respect to any of the Company’s Subsidiaries without the Seller’s prior written consent. 
  

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 10.07. Section 338(h)(10) Election. 
 (a) Notwithstanding any other provision of this Agreement, Seller and Buyer shall join in making an election under Section 338(h)(10) of the Code
(and any corresponding elections under state, local or foreign tax law) (collectively, a “Section 338(h)(10) Election”) with respect to Buyer’s purchase from Seller of the shares of the Company and with respect to the stock of
any Subsidiary for which a Section 338(h)(10) Election may be made. 
 (b) Buyer shall deliver to Seller, at least ten (10) days
prior to the Closing Date, drafts of IRS Form 8023 and any similar forms under applicable state, local, or foreign Tax law (collectively, the “Forms”). Seller shall review such Forms and provide any proposed revisions to Buyer at
least two (2) days prior to the Closing Date. Buyer and Seller agree to negotiate in good faith such proposed revisions and to attempt to resolve any differences between the parties. The Forms, in the form reasonably determined by Seller, shall
be duly executed by an authorized person for Seller and Buyer at the Closing. Buyer shall duly and timely file the Forms as prescribed by Treasury Regulation Section 1.338(h)(10)-1 or the corresponding provisions of applicable state, local or
foreign Tax law. 
 (c) As soon as practicable after the Closing Date and at least thirty (30) days prior to the due date and filing of
IRS Form 8883 by either party, Buyer shall provide Seller with a draft of IRS Form 8883 (including the calculation and proposed allocation of the Purchase Price in a manner consistent with the purchase price allocation methodology set forth in
Exhibit J (the “Allocation Schedule”). Seller shall review such Form 8883 and provide any proposed revisions to Buyer at least ten (10) days prior to the due date of such Form 8883 for either party. Buyer and Seller
agree to negotiate in good faith such proposed revisions and to attempt to resolve any differences between the parties. Form 8883 shall be timely filed by each party as required by law. Each of Buyer and Seller shall report the allocation of the
Purchase Price (and any adjustments thereto) for Tax purposes and file its Tax Returns (including the Form 8883) in a manner consistent with the Allocation Schedule. 
 10.08. Audits. Seller shall not settle any Tax audit in a manner that would adversely affect the Company and its Subsidiaries after the Closing Date without the prior written consent of Buyer, which
consent shall not be unreasonably withheld. Neither Buyer, the Company nor its Subsidiaries shall settle any Tax audit in a manner that would adversely affect Seller after the Closing Date without the prior consent of Seller, which consent shall not
be unreasonably withheld. 
 10.09. Transfer Taxes. All transfer, documentary, sales, use, value-added, stamp, and registration
Taxes, all conveyance fees, recording fees, and deed stamps, and all other such Taxes and fees (including any penalties and interest) incurred in connection with any of the transactions under this Agreement shall be borne and paid by Buyer, either
directly or through reimbursement of Seller (if any such Taxes are initially paid by Seller). 
 10.10. Tax-Related Proceedings.
Seller shall have the right to control all audits or other proceedings, initiate any claim for refund or file any amended return, and contest or resolve any assessment or other adjustment or proposed adjustment relating to Taxes or Tax Returns
with respect to the Company or any of its Subsidiaries that involve Tax periods or partial periods 

  

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ending on or before the Closing Date; provided, however, that Buyer shall have the right to review and comment upon any proposed settlement
with respect to any Taxes for which the Buyer or the Company and its Subsidiaries may be responsible. Buyer shall give Seller prompt and timely written notice of its receipt of oral or written notice of any Tax examination, claims, proposed
adjustments, or related matters subject to this Section. 
 10.11. Post-Closing. Buyer agrees to pay Seller promptly in full
for any Tax (including Tax with respect to any payment made pursuant to this Section 10.11) owed by Seller and its Affiliates (including the Company and its Subsidiaries) resulting from any transaction not contemplated in this Agreement and not
in the ordinary course of business occurring on the Closing Date after Buyer’s purchase of the Shares. For avoidance of doubt, the merger of Buyer with and into the Company, with the Company surviving, occurring after the Buyer’s purchase
of the Shares shall be treated as a transaction not contemplated in this Agreement and not in the ordinary course of business. Buyer and Seller agree to report all transactions not in the ordinary course of business occurring on the Closing Date
after Buyer’s purchase of the Shares on Buyer’s federal income Tax Return to the extent permitted by Treas. Reg. §1.1502-76(b)(1)(B) and Treas. Reg. §1.338-1(d). Notwithstanding any provision in this Agreement to the contrary,
Buyer shall be responsible for the withholding and payment of any Taxes that the Company or its Subsidiaries are required to withhold and/or pay with respect to the Transaction Bonus Notes and/or the TBP Payment. 
 10.12. TBP Payment Reporting. Seller shall report the TBP Payment as a deductible expense on its consolidated federal income Tax Return and
on any other Tax Returns that include the Company (or on any separate Tax Returns of the Company) for any Tax periods that end on or before the Closing Date. In addition, Seller shall report the TBP Payment as a deductible expense on any Tax Returns
that include the Company (or on any separate Tax Returns of the Company) for any Tax periods that include (but do not end on) the Closing Date, and such deductible expense shall be allocated for purposes of this Article X to that portion of such Tax
periods ending on the Closing Date. Buyer, Seller and the Company hereby agree not to report or otherwise take any position inconsistent with the foregoing. 
 ARTICLE XI 
 CONDITIONS TO CLOSING 
 11.01. Conditions to the Obligations of Each Party. The obligations of Buyer and the Seller to consummate the Closing are subject to the
satisfaction of the following conditions: 
 (a) Any applicable waiting period under the HSR Act relating to the transactions contemplated
hereby shall have expired or been terminated. 
 (b) No proceeding challenging this Agreement or the transactions contemplated hereby or
seeking to prohibit, alter, prevent or materially delay the Closing shall have been instituted by any Person before any court, arbitrator or governmental body, agency or official and be pending. 
  

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 (c) Each other party to this Agreement shall have executed and delivered each of the Ancillary Agreements
to be entered into by it at Closing, in each case substantially in the forms attached as exhibits to this Agreement. 
 11.02.
Conditions to Obligation of Buyer. The obligation of Buyer to consummate the Closing is subject to the satisfaction of the following further conditions: 
 (a)(i) the Company and Seller shall have performed in all material respects all of its obligations hereunder required to be performed on or prior to the Closing Date, (ii) the representations and warranties
relating to the Company contained in this Agreement at the time of its execution and delivery and in any certificate or other writing delivered by the Seller pursuant hereto, disregarding all qualifications and exceptions contained therein relating
to materiality or Material Adverse Effect, shall be true and correct in all material respects at and as of the Closing Date as if made at and as of such date with only such exceptions as would not in the aggregate reasonably be expected to have a
Material Adverse Effect and (iii) Buyer shall have received a certificate signed by the President of the Seller to the foregoing effect. 
 (b) No court, arbitrator or governmental body, agency or official shall have issued any order, and there shall not be any statute, rule or regulation, restraining the effective operation by Buyer of the business of the Company and the
Subsidiaries after the Closing Date. 
 (c) Execution and delivery of the Ancillary Agreements (other than the Denmark Services Agreement).

 (d) The Company shall have received all consents, authorizations or approvals from the governmental agencies referred to in
Section 3.02, in each case in form and substance reasonably satisfactory to Buyer, and no such consent, authorization or approval shall have been revoked. 
 (e) Execution and delivery of Employment Agreements in form satisfactory to Buyer with Robert Givens, Douglas Shaw, Jeffrey Burk, John Seguin and David McCarthy. 
 (f) Execution and delivery of a Mutual Termination and Release in substantially the form attached hereto as Exhibit G and providing
for termination the Note Agreement, AMT Promissory Note and Agfa Promissory Note (as such terms are defined therein). 
 (g) Buyer shall have
received the legal opinion of Seller’s counsel, in substantially the form attached hereto as Exhibit K. 
 (h) Buyer shall
received a certificate of non-foreign status from Seller satisfying the requirements of Treasury Regulation Section 1.1445-2(b). 
 (i)
There shall have occurred no Material Adverse Change. 
 (j) Buyer shall have received all other closing documents specified in
Section 2.02 of this Agreement. 
  

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 11.03. Conditions to Obligation of Seller. The obligation of Seller to consummate the
Closing is subject to the satisfaction of the following further conditions: 
 (a)(i) Buyer shall have performed in all material respects all
of its obligations hereunder required to be performed by it at or prior to the Closing Date, (ii) the representations and warranties of Buyer contained in this Agreement at the time of its execution and delivery and in any certificate or other
writing delivered by Buyer pursuant hereto, disregarding all qualifications and exceptions relating to materiality and Material Adverse Effect, shall be true and correct in all material respects at and as of the Closing Date as if made at and as of
such date with only such exceptions as would not in the aggregate reasonably be expected to have a Material Adverse Effect and (iii) Seller shall have received a certificate signed by the President of Buyer to the foregoing effect. 

(b) Execution and delivery of the Ancillary Agreements. 
 (c) Buyer shall have received all consents, authorizations or approvals from governmental agencies referred to in Section 5.03, in each case in form and substance reasonably satisfactory to Seller, and no such
consent, authorization or approval shall have been revoked. 
 (d) Seller shall have received all items specified in Section 2.02 of
this Agreement. 
 ARTICLE XII 
 SURVIVAL; INDEMNIFICATION 
 12.01. Survival. All representations and warranties made in this Agreement shall
survive the Closing until the date that is one year after the Closing Date, except that the representations and warranties contained in Sections 3.16 and Article X, shall survive until the expiration of the applicable statutory period of
limitations plus fourteen (14) days, if later, whereupon they shall terminate, expire and be of no further effect. All agreements and covenants made in this Agreement shall survive the Closing in accordance with their terms. The indemnities and
other obligations of Seller and Buyer contained in Section 8.06, Articles X and XII hereof shall survive for the period of the applicable representations, warranties, agreements and covenants. Notwithstanding the first sentence of this
Section 12.01, any expiration of the survival period pursuant to such sentence shall not terminate or limit in any manner whatsoever any liabilities either party has or may have for (i) fraud or (ii) knowing and intentional
misrepresentations, knowing and intentional breaches, and knowing and intentional nonfulfillments of any agreement or covenant. Notwithstanding the preceding sentences, any covenant, agreement, representation or warranty in respect of which
indemnity may be sought under Section 12.02 shall survive the time at which it would otherwise terminate pursuant to the 

  

 43 

 
preceding sentences, if notice of the inaccuracy or breach thereof giving rise to such right to indemnity shall have been given to the party against whom
such indemnity may be sought prior to such time. 
 12.02. Indemnification. (a) Subject to the provisions of
Section 12.03 hereof, Seller hereby indemnifies Buyer and, effective at the Closing, without duplication, the Company and their respective successors and permitted assigns, and the affiliates, officers, employees, directors and stockholders of
Buyer and the Company, as the case may be and their heirs and personal representatives against and agrees to hold them harmless against losses, liabilities, damages and out-of-pocket expenses (including reasonable legal and accounting expenses) as a
result of the incurrence or payment of such losses, liabilities, damages and out-of-pocket expenses (“Damages”) which they may suffer or incur insofar as such Damages arise out of or are based upon the inaccuracy of any
representation or warranty, or a breach of any covenant or agreement made or to be performed by Seller or the Company (on or prior to the Closing); provided that (i) Seller shall not be liable under this Section 12.02(a) with
respect to an inaccuracy of a representation or warranty made by Seller (or the Company (on or prior to the Closing) unless (X) the Damages suffered or incurred by the Buyer or the Company for the inaccuracy of any individual representation or
warranty made by Seller or the Company (on or prior to the Closing) shall exceed US$100,000.00 (a “Buyer Qualifying Claim”) and (Y) the aggregate amount of Damages suffered or incurred by Buyer or the Company in relation to all
Buyer Qualifying Claims exceeds US$2,000,000.00 and then only to the extent of such excess, and (ii) Seller’s aggregate maximum liability under this Section 12.02(a) for the inaccuracy of representations or warranties contained in
this Agreement or breaches of covenants or agreements contained in this Agreement made or to be performed by Seller and for any Adobe Damages shall not exceed US$12,500,000.00; provided, however, that Buyer or the Company shall give
the Seller written notice in respect of such claim for Damages within the period specified in Section 12.03; provided, further, that if any such claim for Damages shall have been made in writing by Buyer or the Company prior to
the termination of the applicable indemnification obligation, such termination shall not affect the indemnification obligation in respect of the particular matter as to which such claim for Damages was made, whether or not the amount of
indemnification to which Buyer or the Company is entitled in respect of such matter shall have been determined prior to such termination. Notwithstanding the foregoing, the dollar thresholds contained in clause (i) above, and the dollar
limitation of liability contained in clause (ii) above, shall not apply with respect to (x) Damages arising from any inaccuracy of the representations and warranties contained in Section 3.16 hereof, (y) breach by Seller or the
Company of representations and warranties and covenants contained in Article IX and breach of covenants contained in Article X, or (z) Damages as a result of fraud, knowing and intentional misrepresentations or willful breach of any
representation or warranty of Seller or the Company. For avoidance of doubt, the dollar thresholds continued in clause (i) above shall not apply to Seller’s obligation to pay any Adobe Damages. For avoidance of doubt and notwithstanding
anything herein to the contrary, upon the Closing, Seller shall have no liability to Buyer, the Company, any other indemnified parties under Section 12.02(a), relating to (i) the assumed obligation for payment of $3,700,000under the LIC by
Buyer pursuant to Section 2.01 hereof and (ii) relating to the Transaction Bonus Plan (other than payment to the Company of the Additional Payment, if any, pursuant to Section 8.06(f)) or the Transaction Bonus Notes. 
  

 44 

 (b) Subject to the provisions of Section 12.03 hereof, Buyer and, effective at the Closing, without
duplication, the Company hereby indemnifies Seller and its successors and permitted assigns, and the affiliates, officers, employees, directors and stockholders of Seller and their heirs and personal representatives against and agrees to hold them
harmless against Damages which they may suffer or incur insofar as and to the extent that such Damages arise out of or are based upon the inaccuracy of any representation or warranty, or a breach of any covenant or agreement of Buyer herein
contained; provided that (i) Buyer and the Company (effective at the Closing) shall not be liable under this Section 12.02(b) with respect to an inaccuracy of a representation or warranty made by Buyer unless (X) the Damages
suffered or incurred by the Seller for the inaccuracy of any individual representation or warranty made by Buyer shall exceed US$100,000.00 (a “Seller Qualifying Claim”) and (Y) the aggregate amount of Damages suffered or
incurred by the Seller in relation to all Seller Qualifying Claims exceeds US$2,000,000.00 and then only to the extent of such excess, and (ii) Buyer and the Company’s maximum liability under this Section 12.02(b) for the inaccuracy
of representations or warranties of Buyer or breaches of covenants or agreements made or to be performed by Buyer or the Company (effective at the Closing) shall not exceed US$12,500,000.00; provided, however, that Seller shall give
the Buyer or the Company written notice in respect of such claim for Damages within the period specified in Section 12.03; and provided, further, that if any such claim for Damages shall have been made in writing by Seller
asserting such claim for Damages prior to the termination of the applicable indemnification obligation, such termination shall not affect the indemnification obligation in respect of the particular matter as to which such claim for Damages was made,
whether or not the amount of indemnification to which Seller is entitled in respect of such matter shall have been determined prior to such termination. Notwithstanding the foregoing, the dollar thresholds contained in clause (i) above, and the
dollar limitation of liability contained in clause (ii) above, shall not apply with respect to (x) breach by Buyer of representations and warranties or breach by Buyer or the Company (effective at the Closing) of covenants contained in
Article X, or (y) Damages as a result of fraud or knowing and intentional misrepresentations or willful breach of any representation or warranty of Buyer. 
 (c) The amount of Damages recoverable by an indemnified party pursuant to this Section 12.02 shall be reduced by any proceeds received by the indemnified party, or which the indemnified party is legally entitled
to receive, from an insurance carrier, net of any cost of collection, deductible, premium adjustment, reimbursement or other cost directly related to such insurance claim. 
 12.03. Procedure for Indemnification Claims; No Waiver; Exclusivity. (a) The respective indemnification obligations of Seller, Buyer
and the Company (effective at the Closing) pursuant to Section 12.02 hereof shall be conditioned upon compliance by Seller, Buyer and the Company with the following procedures for indemnification claims based upon or arising out of any claim,
action or proceeding by any person not a party to this Agreement: 
 (i) The party seeking indemnification under Section 12.02 (the
“Aggrieved Party”) agrees to give prompt notice in writing to the party against whom indemnity is sought (the “Indemnifying Party”) of the assertion of any claim, or the commencement of any suit, 

  

 45 

 
action or proceeding in respect of which indemnity may be sought under such Section. The failure of the Aggrieved Party to promptly deliver notice in writing
to the Indemnifying Party under this Section 12.03(i) will not adversely affect the applicable Aggrieved Party’s right to indemnification except to the extent the Indemnifying Party is materially prejudiced thereby. The Indemnifying Party
may participate in and control the defense of any third party suit, action or proceeding at its own expense. The Indemnifying Party shall not be liable under Section 12.02 for any settlement effected without its consent of any claim, litigation
or proceeding in respect of which indemnity may be sought hereunder. 
 (ii) If the Indemnifying Party assumes the defense of any such claim,
action or proceeding, (a) the obligation of the Indemnifying Party as to such claim, action or proceeding shall be limited to taking all steps necessary in the defense or settlement thereof and to holding the Aggrieved Party harmless from and
against any and all losses, damages, and liabilities caused by or arising out of any settlement approved by the Indemnifying Party or any judgment rendered in connection with such claim, action or proceeding, and (b) the Aggrieved Party agrees
to cooperate and make available to the Indemnifying Party all books and records and such officers, employees and agents as are reasonably necessary and useful in connection with the defense. The Indemnifying Party shall not, in the defense of such
claim, action or proceeding, consent to the entry of any judgment, or enter into any settlement, except in either event with the prior consent of the Aggrieved Party, which judgment or settlement does not include as an unconditional term thereof the
giving by the claimant or the plaintiff to the Company or the Aggrieved Party (as the case may be) of a release from all liability in respect of such claim or litigation. 
 (iii) If the Indemnifying Party does not assume the defense of any such claim, action or proceeding, (a) the Indemnifying Party agrees to cooperate and make available to the Aggrieved Party (X) all such
books and records as in the possession or control of the Indemnifying Party, and (Y) such officers, employees and agents of the Indemnifying Party as are in any such case reasonably necessary and useful in connection with the defense.

 (b) After the Closing, Article XII will provide the exclusive remedy for any misrepresentation, the inaccuracy of any representation or
warranty, the breach of any covenant or other agreement, or the losses, liabilities, damages, out-of-pocket expenses suffered or incurred in connection with any of the foregoing or any action, proceeding or other claim arising out of this Agreement
or the transactions contemplated hereby. 
 12.04 Purchase Price Adjustment. All indemnification payments made under this
Agreement shall be treated as adjustments to the purchase price. 
  

 46 

 ARTICLE XIII 
 TERMINATION 
 13.01. Grounds for Termination. This Agreement may be terminated at any
time prior to the Closing: 
 (a) by written agreement of Seller and Buyer; 
 (b) by either Seller or Buyer if the Closing shall not have been consummated on or before December 31, 2004; or 
 (c) by either Seller or Buyer if there shall be any law or regulation that makes consummation of the transactions contemplated hereby illegal or
otherwise prohibited or if consummation of the transactions contemplated hereby would violate any nonappealable final order, decree or judgment of any court or governmental body having competent jurisdiction. 
 The party desiring to terminate this Agreement pursuant to clauses (b) or (c) shall give notice of such termination to the other parties.

 ARTICLE XIV 
 MISCELLANEOUS 
 14.01. Notices. All notices, requests and other communications to either party hereunder shall
be in writing and shall be delivered by hand or overnight courier service, mailed or sent by telex, telecopy or other telegraphic communications equipment of the sending party, as follows: 
 if to Buyer, to: 
 c/o TA
Associates, Inc. 
 High Street Tower 
 Boston, MA 02110 
 Attn: A. Bruce Johnston 
 Jonathan Meeks 
 Telecopy: (617) 574-6778 
 with a copy to: 
 Goodwin
Procter LLP 
 Exchange Place 
 53
State Street 
 Boston, MA 02109 
 Attn: Jeffrey C. Hadden, P.C. 
 Telecopy: (617) 523-1231 
  

 47 

 if to the Company, to: 
 Agfa Monotype Corporation 
 200 Ballardvale Street 
 Wilmington, MA 01887 
 Attn: Robert Givens

 Telecopy: (978) 657-5238 
 with a copy to: 
 Goodwin Procter LLP 
 Exchange Place 
 53 State Street 
 Boston, MA 02109 
 Attn: Jeffrey C. Hadden,
P.C. 
 Telecopy: (617) 523-1231 
 if to the Seller, to: 
 Robert K. Sarafian, Esq. 
 Agfa Corporation 
 200 Ballardvale Street 
 Wilmington, MA 01887 
 Telecopy: (978)
658-5168 
 with a copy to: 
 Mitchell S. Bloom, Esq. 
 Testa, Hurwitz & Thibeault, LLP 
 125 High Street 
 Boston, MA 02110 

Telecopy: (617) 248-7100 
 or to such other address as any
party may have furnished to the others in writing in accordance herewith, except that notices of change of address shall only be effective upon receipt. All notices and other communications given to any party hereto in accordance with the provisions
of this Agreement shall be deemed to have been given on the date of receipt if delivered by hand or overnight courier service or sent by telex, telecopy or other telegraphic communications equipment of the sender, or on the date five business days
after dispatch by certified or registered mail if mailed, in each case delivered, sent or mailed (properly addressed) to such party as provided in this Section 14.01 or in accordance with the latest unrevised direction from such party given in
accordance with this Section 14.01. 
  

 48 

 14.02. Amendments; No Waivers. (a) Any provision of this Agreement may be amended or
waived if, and only if, such amendment or waiver is in writing and signed by Buyer and Seller. 
 (b) No failure or delay by either party in
exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights
and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law. 
 14.03.
Expenses. All costs and expenses incurred in connection with this Agreement, the Ancillary Agreements and the transactions contemplated hereby and thereby, including all accounting, legal and investment banking fees and expenses, shall be
paid by the party incurring such cost or expense. 
 14.04. Successors and Assigns. The provisions of this Agreement shall be
binding upon and inure to the benefit of the parties hereto and their respective successors and assigns; provided that no party may assign, delegate or otherwise transfer any of his or its rights or obligations under this Agreement without
the consent of the other parties hereto, except that Buyer may transfer or assign, in whole or from time to time in part, to one or more of its Affiliates and their respective successors in interests and lenders, its rights under this Agreement,
including the right to purchase all or a portion of the Shares and its right to indemnification, but no such transfer or assignment will relieve Buyer or the Company of its obligations hereunder. 
 14.05. Further Assurances. (a) If at any time, or from time to time, at or after the Closing Date, any party to this Agreement shall
consider or be advised that any further agreements or other instruments of conveyance and transfer, assignments or assurances in law or any other things are reasonably necessary, desirable or proper more effectively to carry out the purposes of this
Agreement, each other party hereto agrees that it will execute and deliver (or cause such of its subsidiaries as is appropriate to execute and deliver) all such agreements, instruments, assignments and assurances in law and do all things reasonably
necessary, desirable or proper to assist such party if it so requests. 
 (b) The parties acknowledge that there may be patents, trademark
registrations/applications and/or copyright registrations/applications that have been issued by, registered with or filed with the United States Patent and Trademark Office or Register of Copyrights or the corresponding offices of other countries
that should be in the name of the Company or one of its Subsidiaries, but instead are now in the name of a predecessor in interest of the Company (the “Filings”). Seller and its Affiliates shall cooperate with the Company at the
Company’s expense after the Closing to update or correct the chain of title of the Filings to the extent necessary. Such cooperation shall include, but not be limited to, arranging for Seller or the appropriate Affiliate thereof to execute and
deliver any further agreements or other instruments of conveyance and transfer, assignments or assurances in law or any other things that are reasonably necessary, desirable or proper to update or correct the Filings. 
  

 49 

 14.06. Governing Law. This Agreement and, except as otherwise set forth therein, the
Ancillary Agreements shall be construed in accordance with and governed by the law of the Commonwealth of Massachusetts, USA without regard to the conflicts of law rules of such state. 
 14.07. Counterpart. This Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as
if the signatures thereto and hereto were upon the same instrument. 
 14.08. Entire Agreement. This Agreement, the Ancillary
Agreements and the other written agreements referenced herein together with schedules and exhibits hereto and thereto, constitute the entire agreement between the parties with respect to the subject matter hereof and supersede all prior agreements,
understandings and negotiations, both written and oral, between the parties with respect to the subject matter hereof. No representation, inducement, promise, understanding, condition or warranty not set forth herein has been made or relied upon by
any party hereto. Neither this Agreement nor any provision hereof is intended to confer upon any Person other than the parties hereto any rights or remedies hereunder. 
 14.09. Captions. The captions herein are included for convenience of reference only and shall be ignored in the construction or interpretation hereof. 
 14.10. Dispute Resolution. (a) Subsequent to the procedures set forth in Section 12.03 hereof, if applicable, if any dispute,
claim or controversy (each a “Disagreement”) arises out of or relating to (i) this Agreement or any Ancillary Agreements other than a Disagreement related to the adjustment to Minimum Net Operating Working Capital (which shall
be governed by Section 2.03 hereof), or (ii) the negotiation, validity or performance hereof or thereof or the transactions contemplated hereby and thereby, the parties shall engage in good faith negotiations to seek a fair and equitable
resolution of the Disagreement. If, after such negotiations, the parties are not able to reach a mutually agreeable resolution of the Disagreement, then either party may deliver a notice of disagreement to the other party, which notice describes the
Disagreement in reasonable detail and sets forth the complaining party’s complaint in reasonable detail and details the specific points in dispute. Thereafter, the parties shall promptly thereafter submit the Disagreement to mediation before
J.A.M.S./Endispute, Inc. for an additional ninety (90) day period, such mediation to be in accordance with the J.A.M.S./Endispute, Inc. rules and regulations governing mediation, as reasonably acceptable to the parties. The parties shall each
pay their own fees and expenses and one-half of the costs and charges of any such mediation. 
 (b) If, following the mediation period, which
shall not exceed such ninety (90) days from the date of the applicable notice of Disagreement unless the parties hereto consent to a longer period of mediation, the parties still have not reached agreement on or resolved the Disagreement,
either: (i) both the parties hereto shall agree to enter binding arbitration in accordance with the procedures set forth in section 14.10(c) below or (ii) either party may bring an action or proceeding seeking to resolve any Disagreement,
such action or proceeding to be brought against the other party hereto in any court of competent jurisdiction in the Commonwealth of Massachusetts, USA, or in the United States District Court for the District of 

  

 50 

 
Massachusetts, and each of the parties hereby consents to the exclusive jurisdiction of such courts (and of the appropriate appellate courts) in any such
action or proceeding and waives any objection to venue laid therein. 
 (c) If, following the mediation period set forth in Sections 14.10(a)
and (b) above, the parties hereto agree to submit a Disagreement to binding arbitration, any such arbitration proceeding shall be held before a single neutral arbitrator on a list of approved arbitrators as shall be provided by
J.A.M.S./Endispute, Inc. in Boston, Massachusetts or such other location as is mutually agreed to by the parties hereto. Any such arbitration proceeding shall be conducted in accordance with the laws of the Commonwealth of Massachusetts and the
rules and regulations promulgated by J.A.M.S./Endispute, Inc. unless specifically modified herein. The parties covenant and agree that any such arbitration hearing shall commence within one hundred twenty (120) days of the date on which any
party hereto files a written demand for arbitration of a Disagreement; provided that upon the submission by one party of a demand for arbitration, such filing party shall, within three (3) business days, provide the other party with
notification of the submission of a Disagreement to arbitration, which notice shall explain, in reasonable detail, the nature of the Disagreement and the specific points in dispute. In connection with the arbitration proceeding, the arbitrator shall
have the power to order the production of documents by each party and any third-party witnesses. In addition, each party may take up to three (3) depositions as of right, and the arbitrator may in his or her discretion allow additional
depositions upon good cause shown by the moving party. However, the arbitrator shall not have the power to order the answering of interrogatories or the response to requests for admission. In connection with any arbitration, each party shall provide
to the other, no later than fourteen (14) business days before the date of the arbitration hearing, the identity of all persons who may testify at the arbitration, a copy of all documents that may be introduced at the arbitration and a summary
of the opinions of any experts whose services may be called upon in any such arbitration hearing, as well as the basis for said opinions. The arbitrator’s decision and award shall be made and delivered within sixty (60) days of the
conclusion of the arbitration hearing. The arbitrator’s decision shall set forth a reasoned basis for any award of damages or finding of liability. The arbitrator shall not have power to award damages in excess of actual compensatory damages
and shall not multiply actual damages or award punitive damages or any other damages that are specifically excluded under this Agreement, and each party hereby irrevocably waives any claim to such damages in the event of any such arbitration
hearing. The parties covenant and agree that they will participate in the arbitration hearing in good faith and that they will share equally its costs, except as otherwise provided herein. The arbitrator may, in his or her discretion, assess costs
and expenses (including the reasonable attorney fees and expenses of the prevailing party) against any party to an arbitration proceeding. Any party unsuccessfully refusing to comply with an order of the arbitrators shall be liable for costs and
expenses, including attorneys’ fees, incurred by the other party in enforcing the award. If the parties hereto elect to submit any Disagreement to binding arbitration, the provisions of this Section 14.10(c) shall be enforceable in any
court of competent jurisdiction. Except as provided above with regard to the arbitrator’s right to assess costs and expenses against any party, the parties shall bear their own attorneys’ fees, costs and expenses in connection with any
such arbitration. The parties will share equally in the fees and expenses charged by J.A.M.S./Endispute, Inc. 
  

 51 

 Nothing set forth in this Section 14.10 shall prevent either party hereto from seeking temporary or
preliminary injunctive relief from any court of competent jurisdiction in the Commonwealth of Massachusetts, USA or from the United States District Court for the District of Massachusetts, provided such party seeks relief in order to avoid
immediate and irreparable harm. 
 14.11. Severability. In the event that any provision of this Agreement shall be determined
to be unenforceable by reason of its extension for too great a period of time or over too large a geographic area or over too great a range of activities, it shall be interpreted to extend only over the maximum period of time, geographic area or
range of activities as to which it may be enforceable. If, after application of the preceding sentence, any provision of this Agreement shall be determined to be invalid, illegal or otherwise unenforceable by a court of competent jurisdiction, the
validity, legality and enforceability of the other provisions of this Agreement shall not be affected thereby. Any invalid, illegal or unenforceable provision of this Agreement shall be severable, and after any such severance, all other provisions
hereof shall remain in full force and effect. 
 14.12. Currency. All references herein to monetary amounts shall refer to
United States dollars and shall be referenced herein as US$ or $. 
 [Remainder of Page Left Intentionally Blank] 
  

 52 

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

					
	IMAGING ACQUISITION CORPORATION
		
	By:	 	   /s/ A. Bruce Johnston

	Name:	 	A. Bruce Johnston
	Title:	 	Vice President
	
	AGFA CORPORATION
		
	By:	 	   /s/ Timothy J. Coakley III

	Name:	 	Timothy J. Coakley III
	Title:	 	Vice President, CFO
	
	AGFA MONOTYPE CORPORATION
		
	By:	 	   /s/ Robert M. Givens

	Name:	 	Robert M. Givens
	Title:	 		 	President

 SIGNATURE PAGE TO STOCK
PURCHASE AGREEMENTCREDIT AGREEMENT

 Exhibit 10.36 
 Execution Copy 
  

 CREDIT AGREEMENT 
 by and among 
 MONOTYPE IMAGING HOLDINGS CORP., 
 as Parent, 
 IMAGING ACQUISITION CORPORATION, 
 AGFA MONOTYPE CORPORATION, 
 and 
 INTERNATIONAL TYPEFACE CORPORATION, 
 as Borrowers, 
 THE LENDERS THAT ARE SIGNATORIES HERETO, 
 as the Lenders, 
 and 
 WELLS FARGO FOOTHILL, INC., 
 as the
Arranger and Administrative Agent 
 Dated as of November 5, 2004 
  

 TABLE OF CONTENTS 
  

							
	 	 	 	  	 	  	Page
			
	 1.
	 	DEFINITIONS AND CONSTRUCTION	  	2
				
		 	 1.1
	  	Definitions	  	2
				
		 	 1.2
	  	Accounting Terms	  	2
				
		 	 1.3
	  	Code	  	2
				
		 	 1.4
	  	Construction	  	3
				
		 	 1.5
	  	Schedules and Exhibits	  	3
			
	 2.
	 	LOAN AND TERMS OF PAYMENT	  	3
				
		 	 2.1
	  	Revolver Advances	  	3
				
		 	 2.2
	  	Term Loan	  	3
				
		 	 2.3
	  	Borrowing Procedures and Settlements	  	4
				
		 	 2.4
	  	Payments	  	8
				
		 	 2.5
	  	Overadvances	  	12
				
		 	 2.6
	  	Interest Rates: Rates, Payments, and Calculations	  	12
				
		 	 2.7
	  	Cash Management	  	13
				
		 	 2.8
	  	Crediting Payments	  	14
				
		 	 2.9
	  	Designated Account	  	14
				
		 	 2.10
	  	Maintenance of Loan Account; Statements of Obligations	  	14
				
		 	 2.11
	  	Fees	  	14
				
		 	 2.12
	  	Intentionally Omitted	  	14
				
		 	 2.13
	  	LIBOR Option	  	15
				
		 	 2.14
	  	Capital Requirements	  	16
				
		 	 2.15
	  	Joint and Several Liability of Borrowers	  	17
				
		 	 2.16
	  	Registration of Notes	  	19
				
		 	 2.17
	  	Securitization	  	19
			
	 3.
	 	CONDITIONS; TERM OF AGREEMENT	  	19
				
		 	 3.1
	  	Conditions Precedent to the Initial Extension of Credit	  	19
				
		 	 3.2
	  	Conditions Precedent to all Extensions of Credit	  	20
				
		 	 3.3
	  	Term	  	20
				
		 	 3.4
	  	Effect of Termination	  	20
				
		 	 3.5
	  	Early Termination by Borrowers	  	20
				
		 	 3.6
	  	Conditions Subsequent to the Initial Extension of Credit	  	21
			
	 4.
	 	REPRESENTATIONS AND WARRANTIES	  	22
				
		 	 4.1
	  	No Encumbrances	  	22
				
		 	 4.2
	  	Intentionally Omitted	  	22

  

 -i- 

							
		 	 4.3
	  	Intentionally Omitted	  	22
				
		 	 4.4
	  	Equipment	  	22
				
		 	 4.5
	  	Location of Inventory and Equipment	  	22
				
		 	 4.6
	  	Intentionally Omitted	  	22
				
		 	 4.7
	  	Jurisdiction of Organization; Location of Chief Executive Office; Organizational Identification Number; Commercial Tort Claims	  	22
				
		 	 4.8
	  	Due Organization and Qualification; Subsidiaries	  	23
				
		 	 4.9
	  	Due Authorization; No Conflict	  	23
				
		 	 4.10
	  	Litigation	  	25
				
		 	 4.11
	  	No Material Adverse Change	  	25
				
		 	 4.12
	  	Fraudulent Transfer	  	25
				
		 	 4.13
	  	Employee Compliance	  	25
				
		 	 4.14
	  	Environmental Condition	  	26
				
		 	 4.15
	  	Intellectual Property	  	26
				
		 	 4.16
	  	Leases	  	26
				
		 	 4.17
	  	Deposit Accounts and Securities Accounts	  	26
				
		 	 4.18
	  	Complete Disclosure	  	27
				
		 	 4.19
	  	Indebtedness	  	27
				
		 	 4.20
	  	Acquisition Documents	  	27
				
		 	 4.21
	  	D.B. Zwirn Loan Documents	  	28
				
		 	 4.22
	  	Material Contract	  	28
				
		 	 4.23
	  	Senior Indebtedness, Etc.	  	28
			
	 5.
	 	AFFIRMATIVE COVENANTS	  	28
				
		 	 5.1
	  	Accounting System	  	28
				
		 	 5.2
	  	Collateral Reporting	  	28
				
		 	 5.3
	  	Financial Statements, Reports, Certificates	  	29
				
		 	 5.4
	  	Guarantor Reports	  	29
				
		 	 5.5
	  	Inspection	  	29
				
		 	 5.6
	  	Maintenance of Properties	  	29
				
		 	 5.7
	  	Taxes	  	29
				
		 	 5.8
	  	Insurance	  	29
				
		 	 5.9
	  	Location of Inventory and Equipment	  	30
				
		 	 5.10
	  	Compliance with Laws	  	31
				
		 	 5.11
	  	Leases	  	31
				
		 	 5.12
	  	Existence	  	31
				
		 	 5.13
	  	Environmental	  	31
				
		 	 5.14
	  	Disclosure Updates	  	31

  

 -ii- 

							
		 	 5.15
	  	Control Agreements	  	31
				
		 	 5.16
	  	Formation of Subsidiaries	  	32
				
		 	 5.17
	  	Acquisition Transaction	  	32
				
		 	 5.18
	  	D.B. Zwirn Loan Documents	  	32
				
		 	 5.19
	  	Material Contracts	  	32
				
		 	 5.20
	  	ERISA Compliance	  	33
				
		 	 5.21
	  	Further Assurances	  	33
				
		 	 5.22
	  	Japanese Documents	  	34
			
	 6.
	 	NEGATIVE COVENANTS	  	34
				
		 	 6.1
	  	Indebtedness	  	34
				
		 	 6.2
	  	Liens	  	35
				
		 	 6.3
	  	Restrictions on Fundamental Changes	  	35
				
		 	 6.4
	  	Disposal of Assets	  	35
				
		 	 6.5
	  	Change Name	  	35
				
		 	 6.6
	  	Nature of Business	  	35
				
		 	 6.7
	  	Prepayments and Amendments	  	35
				
		 	 6.8
	  	Intentionally Omitted	  	36
				
		 	 6.9
	  	Consignments	  	36
				
		 	 6.10
	  	Distributions	  	36
				
		 	 6.11
	  	Accounting Methods	  	36
				
		 	 6.12
	  	Investments	  	36
				
		 	 6.13
	  	Transactions with Affiliates	  	36
				
		 	 6.14
	  	Use of Proceeds	  	37
				
		 	 6.15
	  	Inventory and Equipment with Bailees	  	37
				
		 	 6.16
	  	Financial Covenants	  	37
				
		 	 6.17
	  	ERISA	  	39
			
	 7.
	 	EVENTS OF DEFAULT	  	40
			
	 8.
	 	THE LENDER GROUP’S RIGHTS AND REMEDIES	  	43
				
		 	 8.1
	  	Rights and Remedies	  	43
				
		 	 8.2
	  	Remedies Cumulative	  	43
			
	 9.
	 	TAXES AND EXPENSES	  	44
			
	 10.
	 	WAIVERS; INDEMNIFICATION	  	44
				
		 	 10.1
	  	Demand; Protest; etc.	  	44
				
		 	 10.2
	  	The Lender Group’s Liability for Collateral	  	44
				
		 	 10.3
	  	Indemnification	  	44

  

 -iii- 

							
	 11.
	 	NOTICES	  	45
			
	 12.
	 	CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER	  	46
			
	 13.
	 	ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS	  	46
				
		 	 13.1
	  	Assignments and Participations	  	46
				
		 	 13.2
	  	Successors	  	49
			
	 14.
	 	 AMENDMENTS; WAIVERS
	  	49
				
		 	 14.1
	  	Amendments and Waivers	  	49
				
		 	 14.2
	  	Replacement of Holdout Lender	  	50
				
		 	 14.3
	  	No Waivers; Cumulative Remedies	  	50
			
	 15.
	 	AGENT; THE LENDER GROUP	  	50
				
		 	 15.1
	  	Appointment and Authorization of Agent	  	50
				
		 	 15.2
	  	Delegation of Duties	  	52
				
		 	 15.3
	  	Liability of Agent	  	52
				
		 	 15.4
	  	Reliance by Agent	  	52
				
		 	 15.5
	  	Notice of Default or Event of Default	  	52
				
		 	 15.6
	  	Credit Decision	  	52
				
		 	 15.7
	  	Costs and Expenses; Indemnification	  	53
				
		 	 15.8
	  	Agent in Individual Capacity	  	53
				
		 	 15.9
	  	Successor Agent	  	54
				
		 	 15.10
	  	Lender in Individual Capacity	  	54
				
		 	 15.11
	  	Withholding Taxes	  	54
				
		 	 15.12
	  	Collateral Matters	  	56
				
		 	 15.13
	  	Restrictions on Actions by Lenders; Sharing of Payments	  	57
				
		 	 15.14
	  	Agency for Perfection	  	57
				
		 	 15.15
	  	Payments by Agent to the Lenders	  	57
				
		 	 15.16
	  	Concerning the Collateral and Related Loan Documents	  	58
				
		 	 15.17
	  	Field Audits and Examination Reports; Confidentiality; Disclaimers by Lenders; Other Reports and Information	  	58
				
		 	 15.18
	  	Several Obligations; No Liability	  	59
				
		 	 15.19
	  	Bank Product Providers	  	59
			
	 16.
	 	GENERAL PROVISIONS	  	59
				
		 	 16.1
	  	Effectiveness	  	59
				
		 	 16.2
	  	Section Headings	  	59
				
		 	 16.3
	  	Interpretation	  	59
				
		 	 16.4
	  	Severability of Provisions	  	59
				
		 	 16.5
	  	Counterparts; Electronic Execution	  	59
				
		 	 16.6
	  	Revival and Reinstatement of Obligations	  	60
				
		 	 16.7
	  	Confidentiality	  	60
				
		 	 16.8
	  	Integration	  	60
				
		 	 16.9
	  	Monotype as Agent for Loan Parties	  	60
				
		 	 16.10
	  	Public Disclosure	  	61

  

 -iv- 

 EXHIBITS AND SCHEDULES 
  

			
	 Exhibit A-1
	  	Form of Assignment and Acceptance
	 Exhibit B-1
	  	Form of Facility Limiter Report
	 Exhibit C-1
	  	Form of Compliance Certificate
	 Exhibit L-1
	  	Form of LIBOR Notice
	 Exhibit M-1
	  	Merger Agreement
	 Schedule A-1
	  	Agent’s Account
	 Schedule C-1
	  	Commitments
	 Schedule D-1
	  	Designated Account
	 Schedule M-1
	  	Material Contracts
	 Schedule P-1
	  	Permitted Holders
	 Schedule P-2
	  	Permitted Liens
	 Schedule R-1
	  	Real Property Collateral
	 Schedule 1.1
	  	Definitions
	 Schedule 2.7(a)
	  	Cash Management Banks
	 Schedule 3.1
	  	Conditions Precedent
	 Schedule 3.6(h)
	  	Intellectual Property
	 Schedule 4.5
	  	Locations of Inventory and Equipment
	 Schedule 4.7(a)
	  	Jurisdictions of Organization
	 Schedule 4.7(b)
	  	Chief Executive Offices
	 Schedule 4.7(c)
	  	Organizational Identification Numbers
	 Schedule 4.7(d)
	  	Commercial Tort Claims
	 Schedule 4.8(b)
	  	Capitalization of Parent, each Borrower and their Subsidiaries
	 Schedule 4.8(c)
	  	Capitalization of Parent’s and Borrowers’ Subsidiaries
	 Schedule 4.10
	  	Litigation
	 Schedule 4.13(a)
	  	ERISA Plans
	 Schedule 4.13(d)
	  	ERISA Exceptions
	 Schedule 4.14
	  	Environmental Matters
	 Schedule 4.17
	  	Deposit Accounts and Securities Accounts
	 Schedule 4.19
	  	Permitted Indebtedness
	 Schedule 5.2
	  	Collateral Reporting
	 Schedule 5.3
	  	Financial Statements, Reports, Certificates

 CREDIT AGREEMENT 
 THIS CREDIT AGREEMENT (this “Agreement”), is entered into as of November 5, 2004, by and among the lenders identified on the signature pages hereof (such lenders, together with their
respective successors and permitted assigns, are referred to hereinafter each individually as a “Lender” and collectively as the “Lenders”), and WELLS FARGO FOOTHILL, INC., a California corporation, as the arranger
and administrative agent for the Lenders (in such capacity, together with its successors and assigns in such capacity, “Agent”), MONOTYPE IMAGING HOLDINGS CORP., a Delaware corporation (“Parent”), IMAGING
ACQUISITION CORPORATION, a Delaware corporation (“Newco”), AGFA MONOTYPE CORPORATION, a Delaware corporation (“Monotype”), and INTERNATIONAL TYPEFACE CORPORATION, a New York corporation
(“Typeface”). 
 W I T N E S S E T H 
 WHEREAS, Newco has entered into that certain Stock Purchase Agreement, dated as of November 5, 2004 (the “Stock Purchase Agreement”), among Newco, Monotype and Agfa Corporation, a Delaware
corporation (the “Seller”) pursuant to which Newco will acquire the stock of Monotype (the “Monotype Stock”), in an acquisition (the “Acquisition Transaction”), such Acquisition Transaction to be
effective (the “Acquisition Effectiveness Time”) immediately upon receipt by the Seller of the purchase price described in the Stock Purchase Agreement for the Monotype Stock; 
 WHEREAS, immediately following the Acquisition Transaction, Newco will merge with and into Monotype (the “Merger”), with Monotype
surviving the Merger as a wholly-owned subsidiary of Parent, pursuant to an Agreement and Plan of Merger substantially in the form of Exhibit M-1 hereto (the “Merger Agreement”), which provides, among other things, that
(a) the Merger shall be automatically effective immediately following the consummation of the Acquisition Transaction and (b) Monotype shall be the surviving corporation (with its name changed to Monotype Imaging, Inc.) and shall become a
wholly-owned subsidiary of Parent; and 
 WHEREAS, in order to (a) finance the Acquisition Transaction, (b) pay
transactional fees, costs, and expenses incurred in connection with this Agreement, the other Loan Documents, the Acquisition Documents, and the transactions contemplated hereby and thereby, and (c) finance ongoing working capital, capital
expenditures, and general corporate needs of Parent and its subsidiaries following the Acquisition Transaction and the Merger, Borrowers have requested that Agent and Lenders extend credit to Borrowers pursuant to, and in accordance with, this
Agreement; 
 NOW, THEREFORE, the parties hereto agree as follows: 
  

	1.	DEFINITIONS AND CONSTRUCTION. 

 1.1
Definitions. Capitalized terms used in this Agreement shall have the meanings specified therefor on Schedule 1.1. 
 1.2
Accounting Terms. All accounting terms not specifically defined herein shall be construed in accordance with GAAP. When used herein, the term “financial statements” shall include the notes and schedules thereto. Whenever the
term “Borrowers” or the term “Parent” is used in respect of a financial covenant or a related definition, it shall be understood to mean Borrowers and their Subsidiaries or Parent and its Subsidiaries, as applicable, on a
consolidated basis unless the context clearly requires otherwise. 
 1.3 Code. Any terms used in this Agreement that are
defined in the Code shall be construed and defined as set forth in the Code unless otherwise defined herein; provided, however, that to the extent that the Code is used to define any term herein and such term is defined differently in
different Articles of the Code, the definition of such term contained in Article 9 shall govern. 
  

 2 

 1.4 Construction. Unless the context of this Agreement or any other Loan Document clearly
requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and “including” are not limiting, and the term “or” has, except where otherwise
indicated, the inclusive meaning represented by the phrase “and/or.” The words “hereof,” “herein,” “hereby,” “hereunder,” and similar terms in this Agreement or any other Loan Document refer to this
Agreement or such other Loan Document, as the case may be, as a whole and not to any particular provision of this Agreement or such other Loan Document, as the case may be. Section, subsection, clause, schedule, and exhibit references herein are to
this Agreement unless otherwise specified. Any reference in this Agreement or in the other Loan Documents to any agreement, instrument, or document shall include all alterations, amendments, changes, extensions, modifications, renewals,
replacements, substitutions, joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and
supplements set forth herein). Any reference herein to the satisfaction or repayment in full of the Obligations shall mean the repayment in full in cash (or cash collateralization in accordance with the terms hereof) of all Obligations other than
contingent indemnification Obligations and other than any Bank Product Obligations that, at such time, are allowed by the applicable Bank Product Provider to remain outstanding and are not required to be repaid or cash collateralized pursuant to the
provisions of this Agreement. Any reference herein to any Person shall be construed to include such Person’s successors and assigns. Any requirement of a writing contained herein or in the other Loan Documents shall be satisfied by the
transmission of a Record and any Record transmitted shall constitute a representation and warranty as to the accuracy and completeness of the information contained therein. 
 1.5 Schedules and Exhibits. All of the schedules and exhibits attached to this Agreement shall be deemed incorporated herein by reference.

  

	2.	LOAN AND TERMS OF PAYMENT. 

 2.1 Revolver
Advances. 
 (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement,
each Lender with a Revolver Commitment agrees (severally, not jointly or jointly and severally) to make advances (“Advances”) to Borrowers in an amount at any one time outstanding not to exceed such Lender’s Pro Rata Share of
an amount equal to the result of (i) the Maximum Revolver Amount less (ii) the Bank Product Reserve. 
 (b)
Lenders shall have no obligation to make additional Advances to the extent such additional Advances would cause the sum of (i) the Revolver Usage, plus (ii) the Bank Product Reserve to exceed the Maximum Revolver Amount. 
 (c) Lenders shall have no obligation to make additional Advances to the extent such additional Advances would cause the sum of the
Revolver Usage plus the outstanding principal amount of the Term Loan plus the outstanding principal amount of the D.B. Zwirn Term Loan to exceed the Facility Limiter Amount. 
 (d) Amounts borrowed pursuant to this Section 2.1 may be repaid and, subject to the terms and conditions of this Agreement,
reborrowed at any time during the term of this Agreement. 
 2.2 Term Loan. Subject to the terms and conditions of this
Agreement, on the Closing Date each Lender with a Term Loan Commitment agrees (severally, not jointly or jointly and severally) to make term loans (collectively, the “Term Loan”) to Borrowers in an amount equal to such Lender’s
Pro Rata Share of the Term Loan Amount. The principal amount of the Term Loan shall be repaid in monthly installments, beginning on the first day of the first month following the Closing Date, as follows: (a) during the period of time from the
Closing Date through the first anniversary of the Closing Date, $750,000 per month; (b) during the period of time from the first anniversary of the Closing Date through the second anniversary of the Closing 

  

 3 

 
Date, $833,333 per month; and (c) $1,083,333 per month thereafter, such installments to be due and payable on the first day of each month, continuing
until and including the Maturity Date, on which date the unpaid balance of the Term Loan would be due and payable in full. The outstanding unpaid principal balance and all accrued and unpaid interest under the Term Loan shall be due and payable on
the date of termination of this Agreement, whether by its terms, by prepayment, or by acceleration. All amounts outstanding under the Term Loan shall constitute Obligations. Once any portion of the Term Loan has been paid or prepaid, it may not be
reborrowed. 
 2.3 Borrowing Procedures and Settlements. 
 (a) Procedure for Borrowing. Each Borrowing shall be made by an irrevocable written request by an Authorized Person delivered to
Agent. Unless Swing Lender is not obligated to make a Swing Loan pursuant to Section 2.3(b) below, such notice must be received by Agent no later than 10:00 a.m. (California time) on the Business Day that is the requested Funding Date
specifying (i) the amount of such Borrowing, and (ii) the requested Funding Date, which shall be a Business Day; provided, however, that if Swing Lender is not obligated to make a Swing Loan as to a requested Borrowing, such
notice must be received by Agent no later than 10:00 a.m. (California time) on the Business Day prior to the date that is the requested Funding Date. At Agent’s election, in lieu of delivering the above-described written request, any Authorized
Person may give Agent telephonic notice of such request by the required time. In such circumstances, Borrowers agree that any such telephonic notice will be confirmed in writing within 24 hours of the giving of such telephonic notice, but the
failure to provide such written confirmation shall not affect the validity of the request. 
 (b) Making of Swing
Loans. In the case of a request for an Advance and so long as either (i) the aggregate amount of Swing Loans made since the last Settlement Date plus the amount of the requested Advance does not exceed $2,000,000, or (ii) Swing Lender,
in its sole discretion, shall agree to make a Swing Loan notwithstanding the foregoing limitation, Swing Lender, as a Lender, shall make an Advance in the amount of such Borrowing (any such Advance made solely by Swing Lender as a Lender pursuant to
this Section 2.3(b) being referred to as a “Swing Loan” and such Advances being referred to collectively as “Swing Loans”) available to Borrowers on the Funding Date applicable thereto by transferring
immediately available funds to Borrowers’ Designated Account. Each Swing Loan shall be deemed to be an Advance hereunder and shall be subject to all the terms and conditions applicable to other Advances, except that all payments on any Swing
Loan shall be payable to Swing Lender as a Lender solely for its own account. Subject to the provisions of Section 2.3(d)(ii), Swing Lender as a Lender shall not make and shall not be obligated to make any Swing Loan if Swing Lender has
actual knowledge that (i) one or more of the applicable conditions precedent set forth in Section 3 will not be satisfied on the requested Funding Date for the applicable Borrowing, or (ii) the requested Borrowing would exceed
the Availability on such Funding Date. Swing Lender as a Lender shall not otherwise be required to determine whether the applicable conditions precedent set forth in Section 3 have been satisfied on the Funding Date applicable thereto
prior to making any Swing Loan. The Swing Loans shall be secured by the Agent’s Liens, constitute Obligations hereunder, and bear interest at the rate applicable from time to time to Advances that are Base Rate Loans. 
 (c) Making of Loans. 
 (i) In the event that Swing Lender is not obligated to make a Swing Loan, then promptly after receipt of a request for a Borrowing pursuant to Section 2.3(a), Agent shall notify the Lenders, not later than
1:00 p.m. (California time) on the Business Day immediately preceding the Funding Date applicable thereto, by telecopy, telephone, or other similar form of transmission, of the requested Borrowing. Each Lender shall make the amount of such
Lender’s Pro Rata Share of the requested Borrowing available to Agent in immediately available funds, to Agent’s Account, not later than 10:00 a.m. (California time) on the Funding Date applicable thereto. After Agent’s receipt of the
proceeds of such Advances, Agent shall make the proceeds thereof available to Administrative Borrower on the applicable Funding Date by transferring immediately available funds equal to such proceeds received by Agent to Administrative
Borrower’s 

  

 4 

 
Designated Account; provided, however, that, subject to the provisions of Section 2.3(d)(ii), Agent shall not request any Lender to
make, and no Lender shall have the obligation to make, any Advance if Agent shall have actual knowledge that (1) one or more of the applicable conditions precedent set forth in Section 3 will not be satisfied on the requested
Funding Date for the applicable Borrowing unless such condition has been waived, or (2) the requested Borrowing would exceed the Availability on such Funding Date. 
 (ii) Unless Agent receives notice from a Lender prior to 9:00 a.m. (California time) on the date of a Borrowing, that such Lender will not
make available as and when required hereunder to Agent for the account of Borrowers the amount of that Lender’s Pro Rata Share of the Borrowing, Agent may assume that each Lender has made or will make such amount available to Agent in
immediately available funds on the Funding Date and Agent may (but shall not be so required), in reliance upon such assumption, make available to Borrowers on such date a corresponding amount. If and to the extent any Lender shall not have made its
full amount available to Agent in immediately available funds and Agent in such circumstances has made available to Borrowers such amount, that Lender shall on the Business Day following such Funding Date make such amount available to Agent,
together with interest at the Defaulting Lender Rate for each day during such period. A notice submitted by Agent to any Lender with respect to amounts owing under this subsection shall be conclusive, absent manifest error. If such amount is so made
available, such payment to Agent shall constitute such Lender’s Advance on the date of Borrowing for all purposes of this Agreement. If such amount is not made available to Agent on the Business Day following the Funding Date, Agent will notify
Administrative Borrower of such failure to fund and, upon demand by Agent, Borrowers shall pay such amount to Agent for Agent’s account, together with interest thereon for each day elapsed since the date of such Borrowing, at a rate per annum
equal to the interest rate applicable at the time to the Advances composing such Borrowing. The failure of any Lender to make any Advance on any Funding Date shall not relieve any other Lender of any obligation hereunder to make an Advance on such
Funding Date, but no Lender shall be responsible for the failure of any other Lender to make the Advance to be made by such other Lender on any Funding Date. 
 (iii) Agent shall not be obligated to transfer to a Defaulting Lender any payments made by Borrowers to Agent for the Defaulting
Lender’s benefit, and, in the absence of such transfer to the Defaulting Lender, Agent shall transfer any such payments to each other non-Defaulting Lender member of the Lender Group ratably in accordance with their Commitments (but only to the
extent that such Defaulting Lender’s Advance was funded by the other members of the Lender Group) or, if so directed by Administrative Borrower and if no Default or Event of Default had occurred and is continuing (and to the extent such
Defaulting Lender’s Advance was not funded by the Lender Group), retain same to be re-advanced to Borrowers as if such Defaulting Lender had made Advances to Borrowers. Subject to the foregoing, Agent may hold and, in its Permitted Discretion,
re-lend to Borrowers for the account of such Defaulting Lender the amount of all such payments received and retained by Agent for the account of such Defaulting Lender. Solely for the purposes of voting or consenting to matters with respect to the
Loan Documents, such Defaulting Lender shall be deemed not to be a “Lender” and such Lender’s Commitment shall be deemed to be zero. This Section shall remain effective with respect to such Lender until (x) the Obligations under
this Agreement shall have been declared or shall have become immediately due and payable, (y) the non-Defaulting Lenders, Agent, and Administrative Borrower shall have waived such Defaulting Lender’s default in writing, or (z) the
Defaulting Lender makes its Pro Rata Share of the applicable Advance and pays to Agent all amounts owing by Defaulting Lender in respect thereof. The operation of this Section shall not be construed to increase or otherwise affect the Commitment of
any Lender, to relieve or excuse the performance by such Defaulting Lender or any other Lender of its duties and obligations hereunder, or to relieve or excuse the performance by Borrowers of their duties and obligations hereunder to Agent or to the
Lenders other than such Defaulting Lender. Any such failure to fund by any Defaulting Lender shall constitute a material breach by such Defaulting Lender of this Agreement and shall entitle Administrative Borrower at its option, upon written notice
to Agent, to arrange for a substitute Lender to assume the Commitment of such Defaulting Lender, such substitute Lender to be acceptable to Agent. In connection with the arrangement of such a substitute Lender, the Defaulting Lender shall have no
right to refuse to be replaced hereunder, and agrees to execute and deliver a completed form of Assignment and Acceptance in favor of the substitute Lender (and agrees that it shall be 

  

 5 

 
deemed to have executed and delivered such document if it fails to do so) subject only to being repaid its share of the outstanding Obligations (other than
Bank Product Obligations) without any premium or penalty of any kind whatsoever; provided however, that any such assumption of the Commitment of such Defaulting Lender shall not be deemed to constitute a waiver of any of the Lender Groups’ or
Borrowers’ rights or remedies against any such Defaulting Lender arising out of or in relation to such failure to fund. 
 (d) Protective Advances and Optional Overadvances. 
 (i) Agent hereby is authorized by Borrowers and the
Lenders, from time to time in Agent’s sole discretion, (A) after the occurrence and during the continuance of a Default or an Event of Default, or (B) at any time that any of the other applicable conditions precedent set forth in
Section 3 are not satisfied, to make Advances to Borrowers on behalf of the Lenders that Agent, in its Permitted Discretion deems necessary or desirable (1) to preserve or protect the Collateral, or any portion thereof, (2) to
enhance the likelihood of repayment of the Obligations (other than the Bank Product Obligations), or (3) to pay any other amount chargeable to Borrowers pursuant to the terms of this Agreement, including Lender Group Expenses and the costs,
fees, and expenses described in Section 10 (any of the Advances described in this Section 2.3(d)(i) shall be referred to as “Protective Advances”). 
 (ii) Any contrary provision of this Agreement notwithstanding, the Lenders hereby authorize Agent or Swing Lender, as applicable, and
either Agent or Swing Lender, as applicable, may, but is not obligated to, knowingly and intentionally, continue to make Advances (including Swing Loans) to Borrowers notwithstanding that an Overadvance exists or thereby would be created, so long as
after giving effect to such Advances, the outstanding Revolver Usage (except for and excluding amounts charged to the Loan Account for interest, fees, or Lender Group Expenses) does not exceed the Maximum Revolver Amount. In the event Agent obtains
actual knowledge that the Revolver Usage exceeds the amounts permitted by the immediately foregoing provisions, regardless of the amount of, or reason for, such excess, Agent shall notify the Lenders as soon as practicable (and prior to making any
(or any additional) intentional Overadvances (except for and excluding amounts charged to the Loan Account for interest, fees, or Lender Group Expenses) unless Agent determines that prior notice would result in imminent harm to the Collateral or its
value), and the Lenders with Revolver Commitments thereupon shall, together with Agent, jointly determine the terms of arrangements that shall be implemented with Borrowers intended to reduce, within a reasonable time, the outstanding principal
amount of the Advances to Borrowers to an amount permitted by the preceding paragraph. In such circumstances, if any Lender with a Revolver Commitment disagrees over the proposed terms of reduction or repayment of any Overadvance, the terms of
reduction or repayment thereof shall be implemented according to the determination of the Required Lenders. Each Lender with a Revolver Commitment shall be obligated to settle with Agent as provided in Section 2.3(e) for the amount of
such Lender’s Pro Rata Share of any unintentional Overadvances by Agent reported to such Lender, any intentional Overadvances made as permitted under this Section 2.3(d)(ii), and any Overadvances resulting from the charging to the
Loan Account of interest, fees, or Lender Group Expenses. 
 (iii) Each Protective Advance and each Overadvance shall be
deemed to be an Advance hereunder, except that no Protective Advance or Overadvance shall be eligible to be a LIBOR Rate Loan and all payments on the Protective Advances shall be payable to Agent solely for its own account. The Protective Advances
and Overadvances shall be repayable on demand, secured by the Agent’s Liens, constitute Obligations hereunder, and bear interest at the rate applicable from time to time to Advances that are Base Rate Loans. The provisions of this
Section 2.3(d) are for the exclusive benefit of Agent, Swing Lender, and the Lenders and are not intended to benefit any Borrower in any way, except to the extent provided under subclause (d)(ii) above. 
 (iv) Notwithstanding anything to the contrary contained in this Agreement, (A) the aggregate principal amount of Protective Advances
and Overadvances outstanding at any time shall not exceed an amount equal to the lesser of (1) $3,000,000 and (2) the result of (x) the Facility Limiter Amount plus $3,000,000 minus (y) the Revolver Usage at such
time plus the outstanding principal balance of the Term 

  

 6 

 
Loan at such time plus the outstanding principal balance of the D.B. Zwirn Term Loan at such time, and (B) in no event shall the sum of
(1) the Revolver Usage, plus (2) the then outstanding principal amount of Protective Advances, plus (3) the then outstanding principal amount of Overadvances exceed the Maximum Revolver Amount. 
 (e) Settlement. It is agreed that each Lender’s funded portion of the Advances is intended by the Lenders to equal, at all
times, such Lender’s Pro Rata Share of the outstanding Advances. Such agreement notwithstanding, Agent, Swing Lender, and the other Lenders agree (which agreement shall not be for the benefit of any Borrower) that in order to facilitate the
administration of this Agreement and the other Loan Documents, settlement among the Lenders as to the Advances, the Swing Loans, and the Protective Advances shall take place on a periodic basis in accordance with the following provisions:

 (i) Agent shall request settlement (“Settlement”) with the Lenders on a weekly basis, or on a more
frequent basis if so determined by Agent, (1) on behalf of Swing Lender, with respect to each outstanding Swing Loan, (2) for itself, with respect to the outstanding Protective Advances, and (3) with respect to Borrowers’ or
their respective Subsidiaries’ Collections received, as to each by notifying the Lenders by telecopy, telephone, or other similar form of transmission, of such requested Settlement, no later than 2:00 p.m. (California time) on the Business Day
immediately prior to the date of such requested Settlement (the date of such requested Settlement being the “Settlement Date”). Such notice of a Settlement Date shall include a summary statement of the amount of outstanding
Advances, Swing Loans, and Protective Advances for the period since the prior Settlement Date. Subject to the terms and conditions contained herein (including Section 2.3(b)(iii)): (y) if a Lender’s balance of the Advances
(including Swing Loans and Protective Advances) exceeds such Lender’s Pro Rata Share of the Advances (including Swing Loans and Protective Advances) as of a Settlement Date, then Agent shall, by no later than 12:00 p.m. (California time) on the
Settlement Date, transfer in immediately available funds to a Deposit Account of such Lender (as such Lender may designate), an amount such that each such Lender shall, upon receipt of such amount, have as of the Settlement Date, its Pro Rata Share
of the Advances (including Swing Loans and Protective Advances), and (z) if a Lender’s balance of the Advances (including Swing Loans and Protective Advances) is less than such Lender’s Pro Rata Share of the Advances (including Swing
Loans and Protective Advances) as of a Settlement Date, such Lender shall no later than 12:00 p.m. (California time) on the Settlement Date transfer in immediately available funds to the Agent’s Account, an amount such that each such Lender
shall, upon transfer of such amount, have as of the Settlement Date, its Pro Rata Share of the Advances (including Swing Loans and Protective Advances). Such amounts made available to Agent under clause (z) of the immediately preceding sentence
shall be applied against the amounts of the applicable Swing Loans or Protective Advances and, together with the portion of such Swing Loans or Protective Advances representing Swing Lender’s Pro Rata Share thereof, shall constitute Advances of
such Lenders. If any such amount is not made available to Agent by any Lender on the Settlement Date applicable thereto to the extent required by the terms hereof, Agent shall be entitled to recover for its account such amount on demand from such
Lender together with interest thereon at the Defaulting Lender Rate. 
 (ii) In determining whether a Lender’s balance of
the Advances, Swing Loans, and Protective Advances is less than, equal to, or greater than such Lender’s Pro Rata Share of the Advances, Swing Loans, and Protective Advances as of a Settlement Date, Agent shall, as part of the relevant
Settlement, apply to such balance the portion of payments actually received in good funds by Agent with respect to principal, interest, fees payable by Borrowers and allocable to the Lenders hereunder, and proceeds of Collateral. To the extent that
a net amount is owed to any such Lender after such application, such net amount shall be distributed by Agent to that Lender as part of such next Settlement. 
 (iii) Between Settlement Dates, Agent, to the extent no Protective Advances or Swing Loans are outstanding, may pay over to Swing Lender
any payments received by Agent, that in accordance with the terms of this Agreement would be applied to the reduction of the Advances, for application to Swing Lender’s Pro Rata Share of the Advances. If, as of any Settlement Date, Collections
of Borrowers or their respective Subsidiaries received since the then immediately preceding Settlement Date have 

  

 7 

 
been applied to Swing Lender’s Pro Rata Share of the Advances other than to Swing Loans, as provided for in the previous sentence, Swing Lender shall
pay to Agent for the accounts of the Lenders, and Agent shall pay to the Lenders, to be applied to the outstanding Advances of such Lenders, an amount such that each Lender shall, upon receipt of such amount, have, as of such Settlement Date, its
Pro Rata Share of the Advances. During the period between Settlement Dates, Swing Lender with respect to Swing Loans, Agent with respect to Protective Advances, and each Lender (subject to the effect of agreements between Agent and individual
Lenders) with respect to the Advances other than Swing Loans and Protective Advances, shall be entitled to interest at the applicable rate or rates payable under this Agreement on the daily amount of funds employed by Swing Lender, Agent, or the
Lenders, as applicable. 
 (f) Notation. Agent shall record on its books the principal amount of the Advances owing to
each Lender, including the Swing Loans owing to Swing Lender, and Protective Advances owing to Agent, and the interests therein of each Lender, from time to time and such records shall, absent manifest error, conclusively be presumed to be correct
and accurate. 
 (g) Lenders’ Failure to Perform. All Advances (other than Swing Loans and Protective Advances)
shall be made by the Lenders contemporaneously and in accordance with their Pro Rata Shares. It is understood that (i) no Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Advance (or other
extension of credit) hereunder, nor shall any Commitment of any Lender be increased or decreased as a result of any failure by any other Lender to perform its obligations hereunder, and (ii) no failure by any Lender to perform its obligations
hereunder shall excuse any other Lender from its obligations hereunder. 
 2.4 Payments. 
 (a) Payments by Borrowers. 
 (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than
11:00 a.m. (California time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. (California time), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue
to accrue until such following Business Day. 
 (ii) Unless Agent receives notice from Administrative Borrower prior to the
date on which any payment is due to the Lenders that Borrowers will not make such payment in full as and when required, Agent may assume that Borrowers have made (or will make) such payment in full to Agent on such date in immediately available
funds and Agent may (but shall not be so required), in reliance upon such assumption, distribute to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent Borrowers do not make such payment in full to
Agent on the date when due, each Lender severally shall repay to Agent on demand such amount distributed to such Lender, together with interest thereon at the Defaulting Lender Rate for each day from the date such amount is distributed to such
Lender until the date repaid. 
  

 8 

 (b) Apportionment and Application. 
 (i) Except as otherwise provided with respect to Defaulting Lenders and except as otherwise provided in the Loan Documents (including any
agreements between Agent and individual Lenders), aggregate principal and interest payments shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations to which such payments relate held by each
Lender) and payments of fees and expenses (other than fees or expenses that are for Agent’s separate account, after giving effect to any agreements between Agent and individual Lenders) shall be apportioned ratably among the Lenders having a
Pro Rata Share of the type of Commitment or Obligation to which a particular fee relates. Except as provided in Section 2.4(b)(iii), all payments shall be remitted to Agent and all such payments, and all proceeds of Collateral received
by Agent, shall be applied as follows: 
 (A) first, ratably to pay any Lender Group Expenses then due to Agent or any
of the Lenders under the Loan Documents, until paid in full, 
 (B) second, ratably to pay any fees or premiums then
due to Agent (for its separate account, after giving effect to any agreements between Agent and individual Lenders) or any of the Lenders under the Loan Documents, until paid in full, 
 (C) third, to pay interest due in respect of all Protective Advances, until paid in full, 
 (D) fourth, to pay the principal of all Protective Advances, until paid in full, 
 (E) fifth, ratably to pay interest due in respect of the Advances (other than Protective Advances), the Swing Loans, and the Term
Loan, until paid in full, 
 (F) sixth, ratably to pay all principal amounts then due and payable (other than as a
result of an acceleration thereof) in respect of the Term Loan, until paid in full, 
 (G) seventh, to pay the
principal of all Swing Loans, until paid in full, 
 (H) eighth, so long as no Event of Default has occurred and is
continuing, and at Agent’s election (which election Agent agrees will not be made if an Overadvance would be created thereby), to pay amounts then due and owing by Parent, any Borrower or any of their respective Subsidiaries in respect of Bank
Products, until paid in full, 
 (I) ninth, so long as no Event of Default has occurred and is continuing, to pay the
principal of all Advances, until paid in full, 
 (J) tenth, if an Event of Default has occurred and is continuing,
then ratably (i) to pay the principal of all Advances, until paid in full, and (ii) to Agent, to be held by Agent, for the benefit of the Bank Product Providers, as cash collateral in an amount up to the amount of the Bank Product
Reserve established prior to the occurrence of, and not in contemplation of, the subject Event of Default until the obligations of Parent, Borrowers and their respective Subsidiaries in respect of Bank Products have been paid in full or the cash
collateral amount has been exhausted, 
 (K) eleventh, (i) if an Event of Default has occurred and is continuing
and the Term Loan has been accelerated, to pay the outstanding principal balance of the Term Loan (in the inverse order of the maturity of the installments due thereunder) until the Term Loan is paid in full, or (ii) if an Event of Default has
occurred and is continuing, but the Term Loan has not been accelerated, to Agent, to be deposited into a cash collateral account in the name of Agent (the “Term Loan Cash Collateral Account”), which funds shall either be applied
(x) to the outstanding principal balance of the Term Loan upon the acceleration of the Term Loan, (y) to pay all principal amounts then due and payable (other than as a result of an acceleration thereof) in respect of the Term Loan, until
paid in full, or (z) to the outstanding principal balance of the Term Loan and/or disbursed to Borrowers pursuant to a mutual agreement between Borrowers and Agent, 
 (L) twelfth, if an Event of Default has occurred and is continuing, to pay any other Obligations (including the provision of
amounts to Agent, to be held by Agent, for the benefit of the Bank Product Providers, as cash collateral in an amount up to the amount determined by Agent in its 

  

 9 

 
Permitted Discretion as the amount necessary to secure the obligations of Parent, Borrowers and their respective Subsidiaries in respect of Bank Products,
but excluding the outstanding principal balance of the Term Loan to the extent provided in clause (K) above), and 
 (M)
thirteenth, to Borrowers (to be wired to the Designated Account) or such other Person entitled thereto under applicable law. 
 (ii) Agent promptly shall distribute to each Lender, pursuant to the applicable wire instructions received from each Lender in writing, such funds as it may be entitled to receive, subject to a Settlement delay as provided in
Section 2.3(e). 
 (iii) In each instance, so long as no Event of Default has occurred and is continuing, this
Section 2.4(b) shall not apply to any payment made by Borrowers to Agent and specified by Borrowers to be for the payment of specific Obligations then due and payable (or prepayable) under any provision of this Agreement or any other
Loan Document. 
 (iv) For purposes of the foregoing, “paid in full” means payment of all amounts owing under the
Loan Documents according to the terms thereof, including loan fees, service fees, professional fees, interest (and specifically including interest accrued after the commencement of any Insolvency Proceeding), default interest, interest on interest,
and expense reimbursements, whether or not any of the foregoing would be or is allowed or disallowed in whole or in part in any Insolvency Proceeding. 
 (v) In the event of a direct conflict between the priority provisions of this Section 2.4 and other provisions contained in any other Loan Document, it is the intention of the parties hereto that such
priority provisions in such documents shall be read together and construed, to the fullest extent possible, to be in concert with each other. In the event of any actual, irreconcilable conflict that cannot be resolved as aforesaid, the terms and
provisions of this Section 2.4 shall control and govern. 
 (c) Prepayments. All prepayments under this
Section shall be made in accordance with Section 2.4(a). 
 (i) Optional Prepayments of the Term Loan.
Borrowers may voluntarily prepay the Term Loan in full or in part at any time upon ten (10) Business Days prior written notice to the Agent. 
 (ii) Optional Reductions of the Revolver Commitment. Borrowers may voluntarily reduce the Revolver Commitment and the Maximum Revolver Amount in full or in part at any time upon ten (10) Business Days
prior written notice to the Agent so long as (A) the Revolver Usage does not exceed the Revolver Commitment and the Maximum Revolver Amount as so modified and (B) such reduction would not result in the Revolver Commitment being less than
$3,000,000. 
 (iii) Mandatory Prepayments. 
 (A) Borrowers shall immediately prepay the outstanding principal amount of the Term Loan in the event that the Revolver Commitment is
terminated for any reason. 
 (B) Subject to Section 5.8, upon the receipt by any Loan Party or any of its
Subsidiaries of any Extraordinary Receipts in an aggregate amount in excess of $500,000 (other than proceeds of insurance with respect to which the proviso to Section 5.8(b) would otherwise be applicable) in any fiscal year of Parent and
its Subsidiaries, Borrowers shall prepay the outstanding principal of the Term Loan, the D.B. Zwirn Term Loan and the Advances in accordance with Section 2.4(d) in an amount equal to 100% of the Net Cash Proceeds received by such Person
in connection therewith. 
  

 10 

 (C) Upon the sale or issuance by any Loan Party or any of its Subsidiaries of any shares
of Stock, or the issuance or incurrence by any Loan Party or any of its Subsidiaries of any Indebtedness (other than Permitted Indebtedness), Borrowers shall prepay the outstanding principal amount of the Term Loan, the D.B. Zwirn Term Loan and the
Advances in accordance with Section 2.4(d) in an amount equal to 100% of the Net Cash Proceeds received by such Person in connection therewith. The provisions of this subsection (C) shall not be deemed to be implied consent to any
issuance, incurrence or sale otherwise prohibited by the terms and conditions of this Agreement. 
 (D) If the Leverage Ratio
as of the most recent fiscal year of Parent then ended (determined based upon the audited annual financial statements and annual Compliance Certificate delivered to Agent pursuant to Section 5.3) was greater than or equal to 2.00:1.00,
then within 5 days of delivery to Agent and Lenders of such audited annual financial statements pursuant to Section 5.3, commencing with the delivery to Agent and Lenders of the audited annual financial statements for the fiscal year
ended December 31, 2005 or, if such audited annual financial statements are not delivered to Agent and Lenders on the date such audited annual financial statements are required to be delivered pursuant to Section 5.3, 5 days after
the date such audited annual financial statements are required to be delivered to Agent and Lenders pursuant to Section 5.3, Borrowers shall prepay the outstanding principal amount of the Term Loan, the D.B. Zwirn Term Loan and the
Advances in accordance with Section 2.4(d) in an amount equal to 50% of the Excess Cash Flow of Parent, Borrowers and their respective Subsidiaries for such fiscal year. 
 (E) If, on any date, the sum of (1) the Revolver Usage, plus (2) the outstanding principal amount of the Term Loan,
plus (3) the outstanding principal amount of the D.B. Zwirn Term Loan exceeds the Facility Limiter Amount, Borrowers shall immediately prepay the outstanding principal amount of the Term Loan, the D.B. Zwirn Term Loan and the Advances in
accordance with Section 2.4(d) in an amount equal to the amount of such excess. 
 (d) Application of Mandatory
Prepayments. 
 (i) Each prepayment pursuant to subclause (c)(iii)(B) above shall, subject to
Section 5.8, be applied, first, to the outstanding principal amount of the Term Loan, until paid in full, second, to the outstanding principal amount of the Advances (together with a corresponding reduction in the Revolver Commitment and
the Maximum Revolver Amount), until paid in full, and third, to the outstanding principal amount of the D.B. Zwirn Term Loan to the extent required by the D.B. Zwirn Credit Agreement, until paid in full. 
 (ii) Each prepayment pursuant to subclause (c)(iii)(C) above shall be applied, first, to the outstanding principal amount of
the Term Loan, until paid in full, second, to the outstanding principal amount of the Advances (together with a corresponding reduction in the Revolver Commitment and the Maximum Revolver Amount), until paid in full, and third, to the outstanding
principal amount of the D.B. Zwirn Term Loan to the extent required by the D.B. Zwirn Credit Agreement, until paid in full. 
 (iii) Each prepayment pursuant to subclause (c)(iii)(D) above shall be applied, first, to the outstanding principal amount of the Term Loan, until paid in full, second, to the outstanding principal amount of the Advances
(together with a corresponding reduction in the Revolver Commitment and the Maximum Revolver Amount), until paid in full, and third, to the outstanding principal amount of the D.B. Zwirn Term Loan to the extent required by the D.B. Zwirn Credit
Agreement, until paid in full. 
 (iv) Each prepayment pursuant to subclause (c)(iii)(E) above shall be applied,
first, to the outstanding principal amount of the Advances, until paid in full, second, to the outstanding principal amount of the Term Loan, until paid in full, and third, to the outstanding principal amount of the D.B. Zwirn Term Loan to the
extent required by the D.B. Zwirn Credit Agreement, until paid in full. 
  

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 (e) Interest and Fees; Application of Prepayments of the Term Loan and Reduction of
the Revolver Commitment. Any prepayment of the Term Loan or reduction of the Revolver Commitment made pursuant to Section 2.4(c) shall be accompanied by (i) accrued interest on the principal amount being prepaid to the date of
prepayment and (ii) the Applicable Prepayment Premium, other than with respect to (x) mandatory prepayments made pursuant to Section 2.4(c)(iii)(D) and (y) voluntary prepayments made pursuant to
Section 2.4(c)(i) or Section 2.4(c)(ii) to the extent that such voluntary prepayments are made with the proceeds of Excess Cash Flow (to the extent such Excess Cash Flow was not used to make a mandatory prepayment under
Section 2.4(c)(iii)(D)). All prepayments of the Term Loan shall be applied (i) fifty percent (50%) to reduce the principal payments thereof coming due in the next twelve months and (ii) any remaining amounts to the
remaining installments thereof in the inverse order of maturity. 
 (f) Cumulative Prepayments. Except as otherwise
expressly provided in Section 2.4(c), payments with respect to any subsection of Section 2.4(c) are in addition to payments made or required to be made under any other subsection of Section 2.4(c). 
 2.5 Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrowers to the Lender Group pursuant to
Section 2.1 is greater than any of the limitations set forth in Section 2.1 (an “Overadvance”), Borrowers immediately shall, except as otherwise arranged in accordance with the terms of
Section 2.3(d)(ii), pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). In addition, Borrowers hereby
promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full as and when due and payable under the terms of this Agreement and the other Loan Documents. 
 2.6 Interest Rates: Rates, Payments, and Calculations. 
 (a) Interest Rates. Except as provided in clause (c) below, all Obligations (except for Bank Product Obligations), whether or
not charged to the Loan Account pursuant to the terms hereof, shall bear interest on the Daily Balance thereof as follows: (i) if the relevant Obligation is an Advance that is a LIBOR Rate Loan, at a per annum rate equal to the LIBOR Rate plus
the LIBOR Rate Margin, (ii) if the relevant Obligation is a portion of the Term Loan that is a LIBOR Rate Loan, at a per annum rate equal to the LIBOR Rate plus the LIBOR Rate Margin, (iii) if the relevant Obligation is a portion of the
Term Loan that is a Base Rate Loan, at a per annum rate equal to the Base Rate plus the Base Rate Margin, and (iv) otherwise, at a per annum rate equal to the Base Rate plus the Base Rate Margin. 
 (b) Intentionally Omitted. 
 (c) Default Rate. Upon the occurrence and during the continuation of an Event of Default (and at the election of Agent or the Required Lenders), all Obligations (except for Bank Product Obligations), whether or
not charged to the Loan Account pursuant to the terms hereof, shall bear interest on the Daily Balance thereof at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable hereunder. 
 (d) Payment. Except as provided to the contrary in Section 2.11, interest and all fees payable hereunder shall be due
and payable, in arrears, on the first day of each month at any time that Obligations or Commitments are outstanding. Borrowers hereby authorize Agent, from time to time, without prior notice to Borrowers, to charge all interest and fees (when due
and payable), all Lender Group Expenses (as and when incurred), all fees and costs provided for in Section 2.11 (as and when accrued or incurred and due and payable), and all other payments as and when due and payable under any Loan
Document (including the amounts due and payable with respect to the Term Loan and including any amounts due and payable to the Bank Product Providers in respect of Bank Products up to the amount of the Bank Product Reserve) to Borrowers’ Loan
Account, which amounts thereafter shall constitute Advances hereunder and shall accrue interest at the rate then applicable to Advances hereunder; provided, however, that, with respect to any Lender 

  

 12 

 
Group Expense greater than $100,000, Agent shall, concurrently with charging such amount to Borrowers’ Loan Account, provide notice of such charge to
Administrative Borrower. Any interest not paid when due shall be compounded by being charged to Borrowers’ Loan Account and shall thereafter constitute Advances hereunder and shall accrue interest at the rate then applicable to Advances that
are Base Rate Loans hereunder. 
 (e) Computation. All interest and fees chargeable under the Loan Documents shall be
computed on the basis of a 360-day year for the actual number of days elapsed. In the event the Base Rate is changed from time to time hereafter, the rates of interest hereunder based upon the Base Rate automatically and immediately shall be
increased or decreased by an amount equal to such change in the Base Rate. 
 (f) Intent to Limit Charges to Maximum Lawful
Rate. In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final
determination, deem applicable. Borrowers and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that,
anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrowers are and shall
be liable only for the payment of such maximum as allowed by law, and payment received from Borrowers in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such
excess. 
 2.7 Cash Management. 
 (a) Subject to Section 3.6(f), the Loan Parties shall and shall cause each of their Subsidiaries to (i) establish and maintain cash management services of a type and on terms satisfactory to Agent at
one or more of the banks set forth on Schedule 2.7(a) (each a “Cash Management Bank”), and shall request in writing and otherwise take such reasonable steps to ensure that all of their and their respective Subsidiaries’
Account Debtors forward payment of the amounts owed by them directly to such Cash Management Bank, and (ii) deposit or cause to be deposited promptly, and in any event no later than the first Business Day after the date of receipt thereof, all
of their Collections (including those sent directly by their Account Debtors to the Loan Parties or their respective Subsidiaries) into a bank account in Agent’s name (a “Cash Management Account”) at one of the Cash Management
Banks. 
 (b) Each Cash Management Bank shall establish and maintain Cash Management Agreements with Agent and the applicable
Loan Party, in form and substance acceptable to Agent. Each such Cash Management Agreement shall provide, among other things, that (i) the Cash Management Bank will comply with any instructions originated by Agent directing the disposition of
the funds in such Cash Management Account without further consent by the applicable Loan Party or its Subsidiaries, as applicable, (ii) the Cash Management Bank has no rights of setoff or recoupment or any other claim against the applicable
Cash Management Account, other than for payment of its service fees and other charges directly related to the administration of such Cash Management Account and for returned checks or other items of payment, and (iii) it will forward by daily
sweep all amounts in the applicable Cash Management Account to the Agent’s Account. 
 (c) So long as no Default or Event
of Default has occurred and is continuing, Administrative Borrower may amend Schedule 2.7(a) to add or replace a Cash Management Bank or Cash Management Account; provided, however, that (i) such prospective Cash Management
Bank shall be reasonably satisfactory to Agent, and (ii) prior to the time of the opening of such Cash Management Account, the applicable Loan Party or its Subsidiary, as applicable, and such prospective Cash Management Bank shall have executed
and delivered to Agent a Cash Management Agreement. The Loan Parties (or their Subsidiaries, as applicable) shall close any of their Cash Management Accounts (and establish replacement cash management accounts in accordance with the foregoing
sentence) promptly and in any event within 30 days of notice from Agent that the creditworthiness of any Cash Management Bank is no longer acceptable in 

  

 13 

 
Agent’s reasonable judgment, or as promptly as practicable and in any event within 60 days of notice from Agent that the operating performance, funds
transfer, or availability procedures or performance of the Cash Management Bank with respect to Cash Management Accounts or Agent’s liability under any Cash Management Agreement with such Cash Management Bank is no longer acceptable in
Agent’s reasonable judgment. 
 (d) The Cash Management Accounts shall be cash collateral accounts subject to Control
Agreements. 
 2.8 Crediting Payments. The receipt of any payment item by Agent (whether from transfers to Agent by the Cash
Management Banks pursuant to the Cash Management Agreements or otherwise) shall not be considered a payment on account unless such payment item is a wire transfer of immediately available federal funds made to the Agent’s Account or unless and
until such payment item is honored when presented for payment. Should any payment item not be honored when presented for payment, then the applicable Loan Party shall be deemed not to have made such payment and interest shall be calculated
accordingly. Anything to the contrary contained herein notwithstanding, any payment item shall be deemed received by Agent only if it is received into the Agent’s Account on a Business Day on or before 11:00 a.m. (California time). If any
payment item is received into the Agent’s Account on a non-Business Day or after 11:00 a.m. (California time) on a Business Day, it shall be deemed to have been received by Agent as of the opening of business on the immediately following
Business Day. 
 2.9 Designated Account. Agent is authorized to make the Advances and the Term Loan under this Agreement based
upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Administrative Borrower agrees to establish and maintain the Designated Account
with the Designated Account Bank for the purpose of receiving the proceeds of the Advances requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Administrative Borrower, any Advance, Protective
Advance, or Swing Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account. 
 2.10
Maintenance of Loan Account; Statements of Obligations. Agent shall maintain an account on its books in the name of Borrowers (the “Loan Account”) on which Borrowers will be charged with the Term Loan, all Advances
(including Protective Advances and Swing Loans) made by Agent, Swing Lender, or the Lenders to Borrowers or for Borrowers’ account, and with all other payment Obligations hereunder or under the other Loan Documents (except for Bank Product
Obligations), including, accrued interest, fees and expenses, and Lender Group Expenses. In accordance with Section 2.8, the Loan Account will be credited with all payments received by Agent from Borrowers or for Borrowers’ account,
including all amounts received in the Agent’s Account from any Cash Management Bank. Agent shall render statements regarding the Loan Account to Administrative Borrower, including principal, interest and fees, and including an itemization of
all charges and expenses constituting Lender Group Expenses owing, and such statements, absent manifest error, shall be conclusively presumed to be correct and accurate and constitute an account stated between Borrowers and the Lender Group unless,
within 60 days after receipt thereof by Administrative Borrower, Administrative Borrower shall deliver to Agent written objection thereto describing the error or errors contained in any such statements. 
 2.11 Fees. Borrowers shall pay to Agent, as and when due and payable under the terms of the Fee Letter, the fees set forth in the Fee
Letter. 
 2.12 Intentionally Omitted. 
  

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 2.13 LIBOR Option. 
 (a) Interest and Interest Payment Dates. In lieu of having interest charged at the rate based upon the Base Rate, Borrowers shall
have the option (the “LIBOR Option”) to have interest on all or a portion of the Advances or the Term Loan be charged at a rate of interest based upon the LIBOR Rate. Interest on LIBOR Rate Loans shall be payable monthly in
accordance with Section 2.6(d). On the last day of each applicable Interest Period, unless Administrative Borrower properly has exercised the LIBOR Option with respect thereto, the interest rate applicable to such LIBOR Rate Loan
automatically shall convert to the rate of interest then applicable to Base Rate Loans of the same type hereunder. At any time that an Event of Default has occurred and is continuing, Borrowers no longer shall have the option to request that
Advances or the Term Loan bear interest at a rate based upon the LIBOR Rate and Agent shall have the right to convert the interest rate on all outstanding LIBOR Rate Loans to the rate then applicable to Base Rate Loans hereunder. 
 (b) LIBOR Election. 
 (i) Administrative Borrower may, at any time and from time to time, so long as no Event of Default has occurred and is continuing, elect to exercise the LIBOR Option by notifying Agent prior to 11:00 a.m. (California
time) at least 3 Business Days prior to the commencement of the proposed Interest Period (the “LIBOR Deadline”). Notice of Administrative Borrower’s election of the LIBOR Option for a permitted portion of the Advances or the
Term Loan and an Interest Period pursuant to this Section shall be made by delivery to Agent of a LIBOR Notice received by Agent before the LIBOR Deadline, or by telephonic notice received by Agent before the LIBOR Deadline (to be confirmed by
delivery to Agent of a LIBOR Notice received by Agent prior to 5:00 p.m. (California time) on the same day). Promptly upon its receipt of each such LIBOR Notice, Agent shall provide a copy thereof to each of the Lenders. 
 (ii) Each LIBOR Notice shall be irrevocable and binding on Borrowers. In connection with each LIBOR Rate Loan, each Borrower shall
indemnify, defend, and hold Agent and the Lenders harmless against any loss, cost, or expense incurred by Agent or any Lender as a result of (A) the payment of any principal of any LIBOR Rate Loan other than on the last day of an Interest
Period applicable thereto (including as a result of an Event of Default), (B) the conversion of any LIBOR Rate Loan other than on the last day of the Interest Period applicable thereto (including as a result of an Event of Default), or
(C) the failure to borrow, convert, continue or prepay any LIBOR Rate Loan on the date specified in any LIBOR Notice delivered pursuant hereto (such losses, costs, and expenses, collectively, “Funding Losses”). Funding Losses
shall, with respect to Agent or any Lender, be deemed to equal the amount determined by Agent or such Lender to be the excess, if any, of (1) the amount of interest that would have accrued on the principal amount of such LIBOR Rate Loan had
such event not occurred, at the LIBOR Rate that would have been applicable thereto, for the period from the date of such event to the last day of the then current Interest Period therefor (or, in the case of a failure to borrow, convert or continue,
for the period that would have been the Interest Period therefor), minus (2) the amount of interest that would accrue on such principal amount for such period at the interest rate which Agent or such Lender would be offered were it to be
offered, at the commencement of such period, on Dollar deposits of a comparable amount and period in the London interbank market. A certificate of Agent or a Lender delivered to Administrative Borrower setting forth any amount or amounts that Agent
or such Lender is entitled to receive pursuant to this Section 2.13 shall be conclusive absent manifest error. 
 (iii) Borrowers shall have not more than 5 LIBOR Rate Loans in effect at any given time. Borrowers only may exercise the LIBOR Option for LIBOR Rate Loans of at least $1,000,000 and integral multiples of $500,000 in excess thereof.

 (c) Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the
event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Borrowers’ and
their respective Subsidiaries’ Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the
terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b)(ii) above. 
  

 15 

 (d) Special Provisions Applicable to LIBOR Rate. 
 (i) The LIBOR Rate may be adjusted by Agent with respect to any Lender on a prospective basis to take into account any additional or
increased costs to such Lender of maintaining or obtaining any eurodollar deposits or increased costs, in each case, due to changes in applicable law occurring subsequent to the commencement of the then applicable Interest Period, including changes
in tax laws (except changes of general applicability in laws imposing tax on the overall net income of a Lender, including taxes in lieu of net income taxes such as franchise or branch profits taxes to the extent that such taxes are based on the
overall net income of a Lender) and changes in the reserve requirements imposed by the Board of Governors of the Federal Reserve System (or any successor), excluding the Reserve Percentage, which additional or increased costs would increase the cost
of funding loans bearing interest at the LIBOR Rate. In any such event, the affected Lender shall give Administrative Borrower and Agent notice of such a determination and adjustment and Agent promptly shall transmit the notice to each other Lender
and, upon its receipt of the notice from the affected Lender, Administrative Borrower may, by notice to such affected Lender (x) require such Lender to furnish to Administrative Borrower a statement setting forth the basis for adjusting such
LIBOR Rate and the method for determining the amount of such adjustment, (y) convert the LIBOR Rate Loans into Base Rate Loans, or (z) repay the LIBOR Rate Loans with respect to which such adjustment is made (in the case of each of clauses
(y) and (z), together with any amounts due under clause (b)(ii) above). 
 (ii) In the event that any change in market
conditions or any law, regulation, treaty, or directive, or any change in the interpretation of application thereof, shall at any time after the date hereof, in the reasonable opinion of any Lender, make it unlawful or impractical for such Lender to
fund or maintain LIBOR Rate Loans or to continue such funding or maintaining, or to determine or charge interest rates at the LIBOR Rate, such Lender shall give notice of such changed circumstances to Agent and Administrative Borrower and Agent
promptly shall transmit the notice to each other Lender and (y) in the case of any LIBOR Rate Loans of such Lender that are outstanding, the date specified in such Lender’s notice shall be deemed to be the last day of the Interest Period
of such LIBOR Rate Loans, and interest upon the LIBOR Rate Loans of such Lender thereafter shall accrue interest at the rate then applicable to Base Rate Loans, and (z) Borrowers shall not be entitled to elect the LIBOR Option until such Lender
determines that it would no longer be unlawful or impractical to do so. 
 (e) No Requirement of Matched Funding.
Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest
accrues at the LIBOR Rate. The provisions of this Section shall apply as if each Lender or its Participants had match funded any Obligation as to which interest is accruing at the LIBOR Rate by acquiring eurodollar deposits for each Interest Period
in the amount of the LIBOR Rate Loans. 
 2.14 Capital Requirements. If, after the date hereof, any Lender determines that
(i) the adoption of or change in any law, rule, regulation or guideline regarding capital requirements for banks or bank holding companies, or any change in the interpretation or application thereof by any Governmental Authority charged with
the administration thereof, or (ii) compliance by such Lender or its parent bank holding company with any guideline, request or directive of any such entity regarding capital adequacy (whether or not having the force of law), has the effect of
reducing the return on such Lender’s or such holding company’s capital as a consequence of such Lender’s Commitments hereunder to a level below that which such Lender or such holding company could have achieved but for such adoption,
change, or compliance (taking into consideration such Lender’s or such holding company’s then existing policies with respect to capital adequacy and assuming the full utilization of such entity’s capital) by any amount deemed by such
Lender to be material, then such Lender may notify Administrative Borrower and Agent thereof (such notice to be delivered by such Lender within 120 days after such Lender becomes aware of any event described in clause (i) or (ii) of this
Section 

  

 16 

 
2.14). Following receipt of such notice, Borrowers agree to pay such Lender on demand the amount of such reduction of return of capital as and when
such reduction is determined, payable within 90 days after presentation by such Lender of a statement in the amount and setting forth in reasonable detail such Lender’s calculation thereof and the assumptions upon which such calculation was
based (which statement shall be deemed true and correct absent manifest error). In determining such amount, such Lender may use any reasonable averaging and attribution methods. 
 2.15 Joint and Several Liability of Borrowers. 
 (a) Each Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial
accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each Borrower and in consideration of the undertakings of the other Borrowers to accept joint and several liability for the
Obligations. 
 (b) Each Borrower, jointly and severally, hereby irrevocably and unconditionally accepts, not merely as a
surety but also as a co-debtor, joint and several liability with the other Borrowers, with respect to the payment and performance of all of the Obligations (including, without limitation, any Obligations arising under this Section 2.15),
it being the intention of the parties hereto that all the Obligations shall be the joint and several obligations of each Borrower without preferences or distinction among them. 
 (c) If and to the extent that any Borrower shall fail to make any payment with respect to any of the Obligations as and when due or to
perform any of the Obligations in accordance with the terms thereof, then in each such event the other Borrowers will make such payment with respect to, or perform, such Obligation. 
 (d) The Obligations of each Borrower under the provisions of this Section 2.15 constitute the absolute and unconditional, full
recourse Obligations of each Borrower enforceable against each Borrower to the full extent of its properties and assets, irrespective of the validity, regularity or enforceability of this Agreement or any other circumstances whatsoever. 

(e) Except as otherwise expressly provided in this Agreement, each Borrower hereby waives notice of acceptance of its joint and several
liability, notice of any Advances, notice of the occurrence of any Default, Event of Default, or of any demand for any payment under this Agreement, notice of any action at any time taken or omitted by Agent or Lenders under or in respect of any of
the Obligations, any requirement of diligence or to mitigate damages and, generally, to the extent permitted by applicable law, all demands, notices and other formalities of every kind in connection with this Agreement (except as otherwise provided
in this Agreement). Each Borrower hereby assents to, and waives notice of, any extension or postponement of the time for the payment of any of the Obligations, the acceptance of any payment of any of the Obligations, the acceptance of any partial
payment thereon, any waiver, consent or other action or acquiescence by Agent or Lenders at any time or times in respect of any default by any Borrower in the performance or satisfaction of any term, covenant, condition or provision of this
Agreement, any and all other indulgences whatsoever by Agent or Lenders in respect of any of the Obligations, and the taking, addition, substitution or release, in whole or in part, at any time or times, of any security for any of the Obligations or
the addition, substitution or release, in whole or in part, of any Borrower. Without limiting the generality of the foregoing, each Borrower assents to any other action or delay in acting or failure to act on the part of any Agent or Lender with
respect to the failure by any Borrower to comply with any of its respective Obligations, including, without limitation, any failure strictly or diligently to assert any right or to pursue any remedy or to comply fully with applicable laws or
regulations thereunder, which might, but for the provisions of this Section 2.15 afford grounds for terminating, discharging or relieving any Borrower, in whole or in part, from any of its Obligations under this Section 2.15,
it being the intention of each Borrower that, so long as any of the Obligations hereunder remain unsatisfied, the Obligations of each Borrower under this Section 2.15 shall not be discharged except by performance and then only to the
extent of such performance. The Obligations of each Borrower under this Section 2.15 shall not be diminished or rendered unenforceable by any winding up, reorganization, arrangement, liquidation, reconstruction or similar proceeding with
respect to any Borrower, Agent or any Lender. 
  

 17 

 (f) Each Borrower represents and warrants to Agent and Lenders that such Borrower is
currently informed of the financial condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Obligations. Each Borrower further represents and warrants to Agent and
Lenders that such Borrower has read and understands the terms and conditions of the Loan Documents. Each Borrower hereby covenants that such Borrower will continue to keep informed of Borrowers’ financial condition, the financial condition of
other guarantors, if any, and of all other circumstances which bear upon the risk of nonpayment or nonperformance of the Obligations. 
 (g) Each Borrower waives all rights and defenses arising out of an election of remedies by Agent or any Lender, even though that election of remedies, such as a nonjudicial foreclosure with respect to security for a
guaranteed obligation, has destroyed Agent’s or such Lender’s rights of subrogation and reimbursement against such Borrower by the operation of law or otherwise. 
 (h) Each Borrower waives all rights and defenses that such Borrower may have because the Obligations are secured by Real Property. This
means, among other things: 
 (i) Agent and Lenders may collect from such Borrower without first foreclosing on any Collateral
pledged by Borrowers. 
 (ii) If Agent or any Lender forecloses on any Real Property Collateral pledged by Borrowers:

 (A) The amount of the Obligations may be reduced only by the price for which that collateral is sold at the foreclosure
sale, even if the collateral is worth more than the sale price. 
 (B) Agent and Lenders may collect from such Borrower even
if Agent or Lenders, by foreclosing on the Real Property Collateral, has destroyed any right such Borrower may have to collect from the other Borrowers. 
 This is an unconditional and irrevocable waiver of any rights and defenses such Borrower may have because the Obligations are secured by Real Property. 
 (i) The provisions of this Section 2.15 are made for the benefit of Agent, Lenders and their respective successors and
assigns, and may be enforced by it or them from time to time against any or all Borrowers as often as occasion therefor may arise and without requirement on the part of any such Agent, Lender, successor or assign first to marshal any of its or their
claims or to exercise any of its or their rights against any Borrower or to exhaust any remedies available to it or them against any Borrower or to resort to any other source or means of obtaining payment of any of the Obligations hereunder or to
elect any other remedy. The provisions of this Section 2.15 shall remain in effect until all of the Obligations shall have been paid in full or otherwise fully satisfied. If at any time, any payment, or any part thereof, made in respect
of any of the Obligations, is rescinded or must otherwise be restored or returned by any Agent or Lender upon the insolvency, bankruptcy or reorganization of any Borrower, or otherwise, the provisions of this Section 2.15 will forthwith
be reinstated in effect, as though such payment had not been made. 
 (j) Each Borrower hereby agrees that it will not enforce
any of its rights of contribution or subrogation against any other Borrower with respect to any liability incurred by it hereunder or under any of the other Loan Documents, any payments made by it to Agent or Lenders with respect to any of the
Obligations or any collateral security therefor until such time as all of the Obligations have been paid in full in cash. Any claim which any Borrower may have against any other Borrower with respect to any payments to any Agent or Lender hereunder
or under any other Loan Documents are hereby expressly made subordinate 

  

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and junior in right of payment, without limitation as to any increases in the Obligations arising hereunder or thereunder, to the prior payment in full in
cash of the Obligations and, in the event of any insolvency, bankruptcy, receivership, liquidation, reorganization or other similar proceeding under the laws of any jurisdiction relating to any Borrower, its debts or its assets, whether voluntary or
involuntary, all such Obligations shall be paid in full in cash before any payment or distribution of any character, whether in cash, securities or other property, shall be made to any other Borrower therefor. 
 2.16 Registration of Notes. Agent (or in the case of an assignment not recorded in the Register in accordance with
Section 13.1(h), the assigning Lender), on behalf of Borrowers, agrees to record each Term Loan on the Register (or in the case of an assignment not recorded in the Register in accordance with Section 13.1(h), a register
comparable to the Register) referred to in Section 13.1(h). Each Term Loan recorded on the Register (or comparable register) may not be evidenced by promissory notes other than Registered Notes (as defined below). Upon the registration
of each Term Loan, each Borrower agrees, at the request of any Lender, to execute and deliver to such Lender a promissory note, in conformity with the terms of this Agreement, in registered form to evidence such Registered Loan, in form and
substance reasonably satisfactory to such Lender, and registered as provided in Section 13.1(h) (a “Registered Note”), payable to the order of such Lender and otherwise duly completed. Once recorded on the Register (or
comparable register), each Term Loan may not be removed from the Register (or comparable register) so long as it or they remain outstanding, and a Registered Note may not be exchanged for a promissory note that is not a Registered Note. 

2.17 Securitization. Each Borrower hereby acknowledges that each Lender with a Term Loan and each of its Affiliates and Related Funds
may sell or securitize the Term Loan (a “Securitization”) through the pledge of the Term Loan as collateral security for loans to such Lender or its Affiliates or Related Funds or through the sale of the Term Loan or the issuance of
direct or indirect interests in the Term Loan, which loans to such Lender or its Affiliates or Related Funds or direct or indirect interests will be rated by Moody’s, S&P’s or one or more other rating agencies (the “Rating
Agencies”). Each Borrower agrees to cooperate with such Lenders and their Affiliates and Related Funds to effect the Securitization including, without limitation, by (a) executing such additional documents, as reasonably requested by
such Lenders in connection with the Securitization, provided that (i) any such additional documentation does not impose material additional costs on Borrowers, and (ii) any such additional documentation does not materially adversely affect
the rights, or increase the obligations, of such Borrower under the Loan Documents or change or affect in a manner adverse to such Borrower the financial terms of the Term Loan, (b) providing such information as may be reasonably requested by
such Lenders in connection with the rating of the Term Loan or the Securitization, and (c) providing in connection with any rating of the Term Loan a certificate (i) agreeing to indemnify such Lenders and any of their Affiliates and
Related Funds, any of the Rating Agencies, or any party providing credit support or otherwise participating in the Securitization (collectively, the “Securitization Parties”) for any losses, claims, damages or liabilities (the
“Securitization Liabilities”) to which such Lenders or any of their Affiliates or Related Funds, or such Securitization Parties, may become subject insofar as the Securitization Liabilities arise out of or are based upon a breach of
the representation and warranty contained in Section 4.18, and (ii) agreeing to reimburse such Lenders and their Affiliates and Related Funds, and such Securitization Parties, for any legal or other expenses reasonably incurred by
such Persons in connection with defending the Securitization Liabilities. Notwithstanding the foregoing, this Section 2.17 is subject to Agent’s and the Required Lenders’ rights and obligations under Sections 13 and
14 hereof in all respects and, in the event of a direct conflict between this Section 2.17 and any provision of Section 13 or 14 with respect to Agent’s and the Required Lenders’ rights and
obligations, it is the intent of the parties that the applicable provision of Section 13 or 14 shall control and govern. 
  

	3.	CONDITIONS; TERM OF AGREEMENT. 

 3.1
Conditions Precedent to the Initial Extension of Credit. The obligation of each Lender to make its initial extension of credit provided for hereunder, is subject to the fulfillment, to the satisfaction of Agent and each Lender of each
of the conditions precedent set forth on Schedule 3.1 (the making of such initial extension of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent). 
  

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 3.2 Conditions Precedent to all Extensions of Credit. The obligation of the Lender Group
(or any member thereof) to make any Advances hereunder at any time (or to extend any other credit hereunder) shall be subject to the following conditions precedent: 
 (a) the representations and warranties contained in this Agreement and in the other Loan Documents shall be true and correct in all
material respects on and as of the date of such extension of credit, as though made on and as of such date (except to the extent that such representations and warranties relate solely to an earlier date); 
 (b) no Default or Event of Default shall have occurred and be continuing on the date of such extension of credit, nor shall either result
from the making thereof; 
 (c) no injunction, writ, restraining order, or other order of any nature restricting or
prohibiting, directly or indirectly, the extending of such credit shall have been issued and remain in force by any Governmental Authority against any Borrower, Agent, any Lender, or any of their Affiliates; 
 (d) no Material Adverse Change shall have occurred; and 
 (e) all United States federal taxes of Parent, Borrowers and their respective Subsidiaries then due and payable by, or imposed, levied or
assessed against, such Persons shall have been paid in full before delinquency or before the expiration of any extension period. 
 3.3
Term. This Agreement shall continue in full force and effect for a term ending on the fifth anniversary of the Closing Date (the “Maturity Date”). The foregoing notwithstanding, the Lender Group, upon the election of
the Required Lenders, shall have the right to terminate its obligations under this Agreement immediately and without notice upon the occurrence and during the continuation of an Event of Default. 
 3.4 Effect of Termination. On the date of termination of this Agreement, all Obligations (including contingent reimbursement obligations
and all Bank Product Obligations) immediately shall become due and payable without notice or demand (including providing cash collateral (in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure) to be held
by Agent for the benefit of the Bank Product Providers with respect to the Bank Product Obligations). No termination of this Agreement, however, shall relieve or discharge Parent, Borrowers or their respective Subsidiaries of their duties,
Obligations, or covenants hereunder or under any other Loan Document and the Agent’s Liens in the Collateral shall remain in effect until all Obligations have been paid in full and the Lender Group’s obligations to provide additional
credit hereunder have been terminated. When this Agreement has been terminated and all of the Obligations have been paid in full and the Lender Group’s obligations to provide additional credit under the Loan Documents have been terminated
irrevocably, Agent will, at Borrowers’ sole expense, execute and deliver any termination statements, lien releases, mortgage releases, re-assignments of trademarks, discharges of security interests, and other similar discharge or release
documents (and, if applicable, in recordable form) as are reasonably necessary to release, as of record, the Agent’s Liens and all notices of security interests and liens previously filed by Agent with respect to the Obligations. 
 3.5 Early Termination by Borrowers. Borrowers have the option, at any time upon 10 Business Days prior written notice by Administrative
Borrower to Agent, to terminate this Agreement by paying to Agent, in cash, the Obligations (including providing cash collateral (in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure) to be held by Agent
for the benefit of the Bank Product Providers with respect to the Bank Products Obligations), in full, together with the Applicable Prepayment Premium. If Administrative Borrower has sent a notice of termination pursuant to the 

  

 20 

 
provisions of this Section, then the Commitments shall terminate and Borrowers shall be obligated to repay the Obligations (including providing cash
collateral (in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure) to be held by Agent for the benefit of the Bank Product Providers with respect to the Bank Products Obligations), in full, together with
the Applicable Prepayment Premium, on the date set forth as the date of termination of this Agreement in such notice. 
 3.6 Conditions
Subsequent to the Initial Extension of Credit. The obligation of the Lender Group (or any member thereof) to continue to make Advances (or otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable
thereto, of each of the conditions subsequent set forth below (the failure by Borrowers to so perform or cause to be performed constituting an Event of Default): 
 (a) on or prior to the date that is 90 days after the Closing Date, Agent shall have received (i) a collateral assignment of each key
man life insurance policy required by Section 5.8 and (ii) proof of acceptance of each such collateral assignment by the issuer of such key man life insurance policy, the form and substance of which shall be reasonably satisfactory
to Agent; 
 (b) on or prior to the date that is 60 days after the Closing Date, Agent shall have received satisfactory
evidence that not less than the Required Library of all existing copyrights of Parent, Borrowers and their respective Subsidiaries have been registered with the United States Copyright Office; 
 (c) on or prior to the date that is 60 days after the Closing Date, Agent shall have received a Source Code Escrow Agreement, duly
executed by the Loan Parties, Agent, D.B. Zwirn and an escrow agent reasonably satisfactory to Agent, with respect to the source and object code for each version or versions of each item of computer software programs or other technology of Parent,
Borrowers and their respective Subsidiaries constituting the Required Library; 
 (d) on or prior to the date that is 10 days
after the effective date of the Source Code Escrow Agreement, Agent shall have received evidence reasonably satisfactory to it that the source and object code for each version or versions of each item of computer software programs or other
technology of Parent, Borrowers and their respective Subsidiaries constituting the Required Library has been deposited with the escrow agent in accordance with the terms and conditions of the Source Code Escrow Agreement, as provided in
Section 6(g)(viii) of the Security Agreement; 
 (e) on or prior to the date that is 60 days after the Closing Date,
Agent shall have received duly executed Cash Management Agreements and Control Agreements, in form and substance reasonably satisfactory to Agent; 
 (f) on or prior to the date that is 60 days after the Closing Date, Agent shall have received duly executed Collateral Access Agreements, in form and substance reasonably satisfactory to Agent, with respect to the
following locations: 200 Ballardvale Street, Wilmington, Massachusetts 01887 and 985 Busse Road, Elk Grove Village, IL 60007; 
 (g) on or prior to the date that is 15 days after the Closing Date, Agent shall have received evidence reasonably satisfactory to it that the TBP Payment (as defined in the Stock Purchase Agreement) shall have been made in accordance with
the terms of Section 8.05 of the Stock Purchase Agreement; 
 (h) on or prior to the date that is 75 days after the
Closing Date, Borrowers shall prepare and deliver, or cause to be delivered, to the U.S. Patent and Trademark Office or the U.S. Copyright Office, as applicable, in good faith in accordance with the procedures and regulations of such office all
documents, instruments or other information necessary, in the reasonable judgment of Agent, for the (i) accurate and proper recordation of the assignments and releases described on Schedule 3.6(h) (but only to the extent that the
applicable Intellectual Property is material to the conduct of the business of Parent, any Borrower or any of 

  

 21 

 
their respective Subsidiaries) and (ii) accurate and proper documentation of the ownership and chain of title of the Intellectual Property described on
Schedule 3.6(h) (but only to the extent that the applicable Intellectual Property is material to the conduct of the business of Parent, any Borrower or any of their respective Subsidiaries). Following such delivery, Borrowers shall promptly
provide to Agent reasonable documentation of such delivery, including verification of receipt by the applicable entity, together with any backup documentation reasonably requested by Agent in connection with clause (ii) above. On or prior to
the date that is 20 days after the Closing Date, Borrowers shall deliver to Agent a list of the Intellectual Property listed on Schedule 3.6(h) that is material to the conduct of the business of Parent, any Borrower or any of their respective
Subsidiaries; and 
 (i) on or prior to the date that is 2 Business Days after the Closing Date, Agent shall have received a
certificate representing the shares of Stock of Agfa Monotype Limited pledged under the Security Agreement, as well as a Stock power with respect thereto endorsed in blank. 
  

	4.	REPRESENTATIONS AND WARRANTIES. 

 In order to induce
the Lender Group to enter into this Agreement, Parent and each Borrower make the following representations and warranties to the Lender Group which shall be true, correct, and complete, in all material respects, as of the date hereof, and shall be
true, correct, and complete, in all material respects, as of the Closing Date, and at and as of the date of the making of each Advance (or other extension of credit) made thereafter, as though made on and as of the date of such Advance (or other
extension of credit) (except to the extent that such representations and warranties relate solely to an earlier date) and such representations and warranties shall survive the execution and delivery of this Agreement: 
 4.1 No Encumbrances. Parent, Borrowers and their respective Subsidiaries have good and indefeasible title to, or a valid leasehold interest
in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens. 
 4.2 Intentionally Omitted. 
 4.3 Intentionally Omitted. 
 4.4 Equipment. Each material item of Equipment of Parent, Borrowers and
their respective Subsidiaries is used or held for use in their business and is in good working order, ordinary wear and tear and damage by casualty excepted. 
 4.5 Location of Inventory and Equipment. The Inventory and Equipment (other than vehicles or Equipment out for repair) of Parent, Borrowers and their respective Subsidiaries are not stored with a bailee,
warehouseman, or similar party and are located only at, or in-transit between, the locations identified on Schedule 4.5 (as such Schedule may be updated pursuant to Section 5.9). 
 4.6 Intentionally Omitted. 
 4.7 Jurisdiction of Organization; Location of Chief Executive Office; Organizational Identification Number; Commercial Tort Claims. 
 (a) The jurisdiction of organization of Parent, Borrowers and each of their respective Subsidiaries is set forth on Schedule 4.7(a) (which Administrative Borrower may amend from time to time solely to reflect
new Subsidiaries formed in accordance with Section 5.16). 
  

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 (b) The chief executive office of Parent, Borrowers and each of their respective
Subsidiaries is located at the address indicated on Schedule 4.7(b) (as such Schedule may be updated pursuant to Section 5.9). 
 (c) Parent, Borrowers’ and each of their respective Subsidiaries’ organizational identification number, if any, are identified on Schedule 4.7(c) (which Administrative Borrower may amend from time to
time solely to reflect new Subsidiaries formed in accordance with Section 5.16). 
 (d) As of the Closing Date,
Parent, Borrowers and their respective Subsidiaries do not hold any commercial tort claims, except as set forth on Schedule 4.7(d). 
 4.8 Due Organization and Qualification; Subsidiaries. 
 (a) Parent and each Borrower is duly organized
and existing and in good standing under the laws of the jurisdiction of their organization and qualified to do business in any state where the failure to be so qualified reasonably could be expected to result in a Material Adverse Change.

 (b) Set forth on Schedule 4.8(b) (which Administrative Borrower may amend from time to time solely to reflect new
classes of capital Stock of Parent and new Subsidiaries formed in accordance with Section 5.16) is a complete and accurate description of the authorized capital Stock of Parent, each Borrower and their respective Subsidiaries, by class,
and, as of the Closing Date, a description of the number of shares of each such class that are issued and outstanding. Other than as described on Schedule 4.8(b) (which Administrative Borrower may amend from time to time solely to reflect new
classes of capital Stock of Parent and new Subsidiaries formed in accordance with Section 5.16), there are no subscriptions, options, warrants, or calls relating to any shares of Parent’s, any Borrower’s or any of their
respective Subsidiaries’ capital Stock, including any right of conversion or exchange under any outstanding security or other instrument. None of Parent, any Borrower or any of their respective Subsidiaries is subject to any obligation
(contingent or otherwise) to repurchase or otherwise acquire or retire any shares of its capital Stock or any security convertible into or exchangeable for any of its capital Stock. 
 (c) Set forth on Schedule 4.8(c) (which Administrative Borrower may amend from time to time solely to reflect new Subsidiaries
formed in accordance with Section 5.16) is a complete and accurate list of Parent’s and each Borrower’s direct and indirect Subsidiaries, showing: (i) the jurisdiction of their organization, (ii) the number of shares
of each class of common and preferred Stock authorized for each of such Subsidiaries, and (iii) the number and the percentage of the outstanding shares of each such class owned directly or indirectly by Parent or the applicable Borrower. All of
the outstanding capital Stock of each such Subsidiary has been validly issued and is fully paid and non-assessable. 
 4.9 Due
Authorization; No Conflict. 
 (a) The execution, delivery, and performance by Parent and each Borrower of this
Agreement, the other Loan Documents and the Acquisition Documents to which each is a party have been duly authorized by all necessary action on the part of Parent and such Borrower. 
 (b) The execution, delivery, and performance by Parent and each Borrower of this Agreement, the other Loan Documents and the Acquisition
Documents to which it is a party do not and will not (i) violate any provision of federal, state, or local law or regulation applicable to Parent or any Borrower, the Governing Documents of Parent or any Borrower, or any order, judgment, or
decree of any court or other Governmental Authority binding on Parent or any Borrower, (ii) conflict with, result in a breach of, or constitute (with due notice or lapse of time or both) a default under any material contractual obligation of
Parent or any Borrower, (iii) result in or require the creation or imposition of any Lien of any nature whatsoever upon any properties or assets of Parent or any Borrower, other than Permitted Liens, or (iv) require any approval of
Parent’s or any Borrower’s shareholders or any approval or consent of any Person under any material contractual obligation of Parent or any Borrower, other than consents or approvals that have been obtained and that are still in force and
effect. 
  

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 (c) Other than (i) the filing of financing statements (ii) the recording of the
Copyright Security Agreement in the United States Copyright Office and the recording of the Patent Security Agreement and the Trademark Security Agreement in the United States Patent and Trademark Office, and (iii) the recordation of the
Mortgages (if any), the execution, delivery, and performance by Parent and each Borrower of this Agreement, the other Loan Documents and the Acquisition Documents to which it is a party do not and will not require any registration with, consent, or
approval of, or notice to, or other action with or by, any Governmental Authority, other than consents or approvals that have been obtained and that are still in force and effect. 
 (d) This Agreement, the other Loan Documents and the Acquisition Documents to which Parent and each Borrower is a party, and all other
documents contemplated hereby and thereby, when executed and delivered by Parent and such Borrower will be the legally valid and binding obligations of Parent and such Borrower, enforceable against Parent and such Borrower in accordance with their
respective terms, except as enforcement may be limited by equitable principles or by bankruptcy, insolvency, reorganization, moratorium, or similar laws relating to or limiting creditors’ rights generally. 
 (e) The Agent’s Liens are validly created, perfected, and first priority Liens, subject only to Permitted Liens. 
 (f) The execution, delivery, and performance by each Guarantor of the Loan Documents and the Acquisition Documents to which it is a party
have been duly authorized by all necessary action on the part of such Guarantor. 
 (g) The execution, delivery, and
performance by each Guarantor of the Loan Documents to which it is a party do not and will not (i) violate any provision of federal, state, or local law or regulation applicable to such Guarantor, the Governing Documents of such Guarantor, or
any order, judgment, or decree of any court or other Governmental Authority binding on such Guarantor, (ii) conflict with, result in a breach of, or constitute (with due notice or lapse of time or both) a default under any material contractual
obligation of such Guarantor, (iii) result in or require the creation or imposition of any Lien of any nature whatsoever upon any properties or assets of such Guarantor, other than Permitted Liens, or (iv) require any approval of such
Guarantor’s shareholders or any approval or consent of any Person under any material contractual obligation of such Guarantor, other than consents or approvals that have been obtained and that are still in force and effect. 
 (h) Other than (i) the filing of financing statements (ii) the recording of the Copyright Security Agreement in the United
States Copyright Office and the recording of the Patent Security Agreement and the Trademark Security Agreement in the United States Patent and Trademark Office, and (iii) the recordation of the Mortgages (if any), the execution, delivery, and
performance by each Guarantor of the Loan Documents and the Acquisition Documents to which such Guarantor is a party do not and will not require any registration with, consent, or approval of, or notice to, or other action with or by, any
Governmental Authority, other than consents or approvals that have been obtained and that are still in force and effect. 
 (i) The Loan Documents and the Acquisition Documents to which each Guarantor is a party, and all other documents contemplated hereby and thereby, when executed and delivered by such Guarantor will be the legally valid and binding
obligations of such Guarantor, enforceable against such Guarantor in accordance with their respective terms, except as enforcement may be limited by equitable principles or by bankruptcy, insolvency, reorganization, moratorium, or similar laws
relating to or limiting creditors’ rights generally. 
  

 24 

 4.10 Litigation. Other than those matters disclosed on Schedule 4.10, there are no
actions, suits, or proceedings pending or, to the best knowledge of Parent and each Borrower, threatened against Parent, any Borrower or any of their respective Subsidiaries that (a) if adversely determined, could result in a Material Adverse
Change or (b) relate to this Agreement or any other Loan Document or any transaction contemplated hereby or thereby. 
 4.11 No
Material Adverse Change. All financial statements relating to Parent, Borrowers and their respective Subsidiaries that have been delivered by Parent or Borrowers to the Lender Group have been prepared in accordance with GAAP (except, in the
case of unaudited financial statements, for the lack of footnotes and being subject to year-end audit adjustments) and present fairly in all material respects, Parent’s, Borrowers’ and their respective Subsidiaries’ financial
condition as of the date thereof and results of operations for the period then ended. There has not been a Material Adverse Change with respect to Parent, Borrowers and their respective Subsidiaries since the later of (a) the date of the latest
audited financial statements submitted to Agent on or before the Closing Date and (b) the date of the latest audited financial statements delivered to Agent pursuant to Section 5.3. 
 4.12 Fraudulent Transfer. 
 (a) Parent, each Borrower and each of their respective Subsidiaries is Solvent. 
 (b) No
transfer of property is being made by Parent, any Borrower or any of their respective Subsidiaries and no obligation is being incurred by Parent, any Borrower or any of their respective Subsidiaries in connection with the transactions contemplated
by this Agreement or the other Loan Documents with the intent to hinder, delay, or defraud either present or future creditors of Parent, Borrowers or any of their respective Subsidiaries. 
 4.13 Employee Compliance. 
 (a) Set forth on Schedule 4.13(a) is a complete and accurate list of all Plans that meet the definition of an “employee pension benefit plan” under Section 3(2) of ERISA and that are currently
maintained or contributed to by Parent, any Borrower, any of their respective Subsidiaries or any of their respective ERISA Affiliates as of the Closing Date. 
 (b) Parent, each Borrower, their respective Subsidiaries, and their respective ERISA Affiliates are in compliance in all material respects
with all applicable provisions and requirements of ERISA and the regulations and published interpretations thereunder with respect to each Plan, and have performed all their obligations in all material respects under each Plan. 
 (c) No ERISA Event has occurred or is reasonably expected to occur. 
 (d) Except to the extent required under Section 4980B of the IRC, or as described on Schedule 4.13(d) hereto, no Plan provides
health benefits (through the purchase of insurance or otherwise) for any retired or former employee of Parent, any Borrower, any of their respective Subsidiaries or any of their respective ERISA Affiliates. 
 (e) As of the most recent valuation date for any Pension Plan, the amount of outstanding benefit liabilities (as defined in
Section 4001(a)(18) of ERISA), individually or in the aggregate for all Pension Plans (excluding for purposes of such computation any Pension Plans with respect to which assets exceed benefit liabilities), does not exceed $250,000. 

(f) Provided that the assets of the Lenders used to fund Advances and the Term Loan do not and will not constitute “plan
assets” within the meaning of United States Department of Labor Regulations set forth in 29 C.F.R. §2510.3-101, the execution and delivery of this Agreement and the consummation of the transactions contemplated hereunder will not involve
any transaction that is subject to the prohibitions of Section 406 of ERISA or in connection with which taxes could be imposed pursuant to Section 4975(c)(1)(A)-(D) of the IRC. 
  

 25 

 (g) All liabilities under each Plan are (i) funded to at least the minimum level
required by law or, if higher, to the level required by the terms governing the Plans, (ii) insured with a reputable insurance company, (iii) provided for or recognized in the financial statements most recently delivered to Agent pursuant
to Section 5.3 hereof to the extent required by GAAP or (iv) estimated in the formal notes to the financial statements most recently delivered to Agent pursuant to Section 5.3 hereof to the extent required by GAAP.

 (h) To the best knowledge of Parent and each Borrower, there are no circumstances which may give rise to a material
liability in relation to any Plan which is not funded, insured, provided for, recognized or estimated in the manner described in subsection (g) above. 
 (i) (i) Parent, Borrowers and their respective Subsidiaries are not and will not be a “plan” within the meaning of Section 4975(e) of the IRC; (ii) the assets of Parent, Borrowers and their
respective Subsidiaries do not and will not constitute “plan assets” within the meaning of the United States Department of Labor Regulations set forth in 29 C.F.R. §2510.3-101; (iii) Parent, Borrowers and their respective
Subsidiaries are not and will not be a “governmental plan” within the meaning of Section 3(32) of ERISA; and (iv) provided that the assets of the Lenders used to fund Advances and the Term Loan do not and will not constitute
assets of a governmental plan, transactions by or with Parent, Borrowers and their respective Subsidiaries are not and will not be subject to state statutes applicable to Parent, Borrowers and their respective Subsidiaries regulating investments of
fiduciaries with respect to governmental plans. 
 4.14 Environmental Condition. Except as set forth on Schedule 4.14,
(a) to Parent’s and Borrowers’ knowledge, none of Parent’s, Borrowers’ or their respective Subsidiaries’ properties has ever been used by Parent, Borrowers, any of their respective Subsidiaries, or by previous owners or
operators, to dispose of or to produce, store, handle, treat, release, or transport, any Hazardous Materials, where such disposal, production, storage, handling, treatment, release or transport was in violation, in any material respect, of any
applicable Environmental Law, (b) to Parent’s and Borrowers’ knowledge, none of Parent’s, Borrowers’ nor any of their respective Subsidiaries’ properties has ever been designated or identified as a Hazardous Materials
disposal site under the National Priorities List promulgated pursuant to CERCLA, CERCLIS, or any equivalent list of sites for cleanup under any analogous state program, (c) none of Parent, Borrowers nor any of their respective Subsidiaries have
received notice that a Lien arising under any Environmental Law has attached to any Real Property owned or operated by, Parent, Borrowers or their respective Subsidiaries, and (d) none of Parent, Borrowers nor any of their respective
Subsidiaries have received a summons, citation, notice, or directive from the United States Environmental Protection Agency or any other federal or state governmental agency alleging that any action or omission by Parent, any Borrower or any of
their respective Subsidiaries has resulted in the release or disposal of Hazardous Materials into the environment. 
 4.15 Intellectual
Property. Parent, each Borrower and each of their respective Subsidiaries owns, or holds licenses in, all trademarks, trade names, copyrights, patents, patent rights, and licenses that are necessary to the conduct of its business as
currently conducted. 
 4.16 Leases. Parent, Borrowers and their respective Subsidiaries enjoy peaceful and undisturbed
possession under all leases material to their business and to which they are parties or under which they are operating and all of such material leases are valid and subsisting and no material default by Parent, Borrowers or their respective
Subsidiaries exists under any of them. 
 4.17 Deposit Accounts and Securities Accounts. Set forth on Schedule 4.17 is a
listing of all of Parent’s, Borrowers’ and their respective Subsidiaries’ Deposit Accounts and Securities Accounts, including, with respect to each bank or securities intermediary (a) the name and address of such Person, and
(b) the account numbers of the Deposit Accounts or Securities Accounts maintained with such Person. 
  

 26 

 4.18 Complete Disclosure. All factual information (taken as a whole) furnished by or on
behalf of Parent, Borrowers or their respective Subsidiaries in writing to Agent or any Lender (including all information contained in the Schedules hereto or in the other Loan Documents) for purposes of or in connection with this Agreement, the
other Loan Documents, the Acquisition Documents, the D.B. Zwirn Loan Documents, or any transaction contemplated herein or therein is, and all other such factual information (taken as a whole) hereafter furnished by or on behalf of Parent, Borrowers
or their respective Subsidiaries in writing to Agent or any Lender will be, true and accurate in all material respects on the date as of which such information is dated or certified and not incomplete by omitting to state any fact necessary to make
such information (taken as a whole) not misleading in any material respect at such time in light of the circumstances under which such information was provided. On the Closing Date, the Closing Date Projections represent, and as of the date on which
any other Projections are delivered to Agent, such additional Projections represent Parent’s and Borrowers’ good faith estimate of their and their respective Subsidiaries’ future performance for the periods covered thereby;
provided, however, that no assurance can be given that actual results will match the Projections. 
 4.19
Indebtedness. Set forth on Schedule 4.19 is a true and complete list of all Indebtedness of Parent, each Borrower and each of their respective Subsidiaries outstanding immediately prior to the Closing Date that is to remain
outstanding after the Closing Date and such Schedule accurately reflects the aggregate principal amount of such Indebtedness and describes the principal terms thereof as of the Closing Date. 
 4.20 Acquisition Documents. 
 (a) (i) As of the Closing Date, no party to any Acquisition Document is in default on any of its material obligations under such Acquisition Document, and after the Closing Date, no party to any Acquisition Document
is in default on any of its material obligations under such Acquisition Document the default of which could reasonably be expected to adversely affect the Lender Group, (ii) all representations and warranties made by Parent or any Borrower in
the Acquisition Documents and in the certificates delivered in connection therewith are true and correct in all material respects as of the date hereof and, to the best knowledge of Parent and each Borrower, all material representations and
warranties made in the Acquisition Documents by or on behalf of the Seller, or any other party thereto other than any Loan Party party thereto, are true and correct in all material respects as of the date hereof, (iii) all written information
with respect to the Acquisition Transaction furnished to Agent by or on behalf of any Loan Party, was, at the time the same was so furnished, complete and correct in all material respects, or has been subsequently supplemented by other written
information to the extent necessary to give Agent and Lenders a true and accurate knowledge of the subject matter thereof, (iv) no representation, warranty or statement made by any Loan Party party thereto or, to the best knowledge of Parent
and each Borrower, the Seller or any other party thereto other than any Loan Party party thereto, at the time made in any Acquisition Document, or any agreement, certificate, statement or document required to be delivered pursuant to any Acquisition
Document, contains any untrue statement of material fact or omits to state a material fact necessary in order to make the statements contained therein not misleading in light of the circumstances in which they were made, and (v) in connection
with the Acquisition Transaction, Newco is acquiring the Monotype Stock, and, on the date hereof, after giving effect to the transactions contemplated by the Acquisition Documents, will have good title to the Monotype Stock, free and clear of all
Liens. 
 (b) (i) Parent and Borrowers have delivered to Agent a complete and correct copy of the Acquisition Documents,
including all schedules and exhibits thereto, (ii) each Acquisition Document sets forth the entire agreement and understanding of the parties thereto relating to the subject matter thereof, and there are no other agreements, arrangements or
understandings, written or oral, relating to the matters covered thereby, (iii) no Acquisition Document has been amended or otherwise modified without the prior written consent of Agent, (iv) the execution, delivery and performance of each
of the Acquisition Documents has been duly authorized by all necessary action on the part of each Loan Party party thereto and, to the best knowledge of Parent and each Borrower, each other Person party thereto, (v) the Acquisition Transaction
has been 

  

 27 

 
effected in accordance with the terms of the Acquisition Documents and all applicable law, (vi) at the time of consummation of the Acquisition
Transaction, there does not exist any judgment, order or injunction prohibiting or imposing any material adverse condition upon the consummation of the Acquisition Transaction, (vii) at the time of consummation thereof, all consents and
approvals of, and filings and registrations with, and all other actions in respect of, all Government Authorities required in order to consummate the Acquisition Transaction shall have been obtained, given, filed or taken and shall be in full force
and effect, (viii) all actions taken by the Loan Parties pursuant to or in furtherance of the Acquisition Transaction have been taken in compliance in all material respects with the Acquisition Documents and the applicable law, and
(ix) each Acquisition Document is the legal, valid and binding obligation of each Loan Party party thereto and, to the best knowledge of Parent and each Borrower, the other parties thereto, enforceable against such parties in accordance with
its terms. 
 4.21 D.B. Zwirn Loan Documents. Borrowers have delivered to Agent true and correct copies of the D.B. Zwirn Loan
Documents. The transactions contemplated by the D.B. Zwirn Loan Documents will be, contemporaneously with the making of the Term Loan and initial Advances hereunder, consummated in accordance with their respective terms and nothing has come to
Parent’s or Borrowers’ attention that would indicate that any of the representations and warranties contained in the D.B. Zwirn Loan Documents are not true and correct. All of the representations and warranties of Parent, Borrowers and the
Guarantors in the D.B. Zwirn Loan Documents are true and correct. 
 4.22 Material Contract. Set forth on Schedule M-1
is a complete and accurate list of all Material Contracts of Parent, Borrowers and their respective Subsidiaries as of the Closing Date (and as updated from time to time pursuant to Section 5.19), showing the parties and subject matter
thereof and amendments and modifications thereto. Except for matters which, either individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Change, each Material Contract (a) is in full force and effect
and is binding upon and enforceable against each Person that is a party thereto in accordance with its terms, (b) has not been otherwise amended or modified (other than to the extent permitted by Section 6.7(c)), and (c) is not
in default due to the action of Parent, any Borrower or any of their respective Subsidiaries. 
 4.23 Senior Indebtedness, Etc.
The subordination provisions set forth in the Investor Intercreditor Agreement are and will be enforceable against the holders of the Subordinated Notes by Agent and Lenders. All Obligations, including those to pay principal of and interest
(including post-petition interest) on the Advances and the Term Loan and fees and expenses in connection therewith, constitute Senior Indebtedness (as defined in the Investor Intercreditor Agreement), and all such Obligations are entitled to the
benefits of the subordination created by the subordination provisions set forth in the Investor Intercreditor Agreement. Parent and each Borrower acknowledges that Agent and Lenders are entering into this Agreement, and extending their Commitments,
in reliance upon the subordination provisions set forth in the Investor Intercreditor Agreement and this Section 4.23. 
  

	5.	AFFIRMATIVE COVENANTS. 

 Parent and each Borrower
covenant and agree that, until termination of all of the Commitments and payment in full of the Obligations, Parent and Borrowers shall and shall cause each of their respective Subsidiaries to do all of the following: 
 5.1 Accounting System. Maintain a system of accounting that enables Parent and Borrowers to produce financial statements in accordance with
GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Parent and Borrowers also shall keep a reporting system that shows all additions, sales, claims, returns, and
allowances with respect to their and their respective Subsidiaries’ sales. 
 5.2 Collateral Reporting. Provide Agent (and
if so requested by Agent, with copies for each Lender) with each of the reports set forth on Schedule 5.2 at the times specified therein. In addition, Parent and each Borrower agree to cooperate fully with Agent to facilitate and
implement a system of electronic collateral reporting in order to provide electronic reporting of each of the items set forth above. 
  

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 5.3 Financial Statements, Reports, Certificates. Deliver to Agent, with copies to each
Lender, each of the financial statements, reports, or other items set forth on Schedule 5.3 at the time specified therein. In addition, Parent agrees that no Subsidiary of Parent will have a fiscal year different from that of Parent.

 5.4 Guarantor Reports. Cause each Guarantor to deliver its annual financial statements at the time when Parent provides its
audited financial statements to Agent, but only to the extent such Guarantor’s financial statements are not consolidated with Parent’s financial statements. 
 5.5 Inspection. Permit Agent, each Lender, and each of their duly authorized representatives or agents to visit any of its properties and inspect any of its assets or books and records, to examine and
make copies of its books and records, and to discuss its affairs, finances, and accounts with, and to be advised as to the same by, its officers and employees at such reasonable times and intervals as Agent or any such Lender may designate and, so
long as no Default or Event of Default exists (a) with reasonable prior notice to Administrative Borrower and (b) with each Lender accompanied by Agent. 
 5.6 Maintenance of Properties. Maintain and preserve all of its properties which are necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear, tear,
and casualty excepted (and except where the failure to do so could not be expected to result in a Material Adverse Change), and comply at all times with the provisions of all material leases to which it is a party as lessee, so as to prevent any
loss or forfeiture thereof or thereunder. 
 5.7 Taxes. Cause all material assessments and taxes, whether real, personal, or
otherwise, due or payable by, or imposed, levied, or assessed against Parent, Borrowers, their respective Subsidiaries, or any of their respective assets to be paid in full, before delinquency or before the expiration of any extension period, except
to the extent that the validity of such assessment or tax shall be the subject of a Permitted Protest. Parent and Borrowers will and will cause their respective Subsidiaries to make timely payment or deposit of all tax payments and withholding taxes
required of them by applicable laws, including those laws concerning F.I.C.A., F.U.T.A., state disability, and local, state, and federal income taxes, and will, upon request, furnish Agent with proof reasonably satisfactory to Agent indicating that
Parent, the applicable Borrower or applicable Subsidiary has made such payments or deposits. 
 5.8 Insurance. 
 (a) At Parent’s and Borrowers’ expense, maintain insurance respecting their and their respective Subsidiaries’ assets
wherever located, covering loss or damage by fire, theft, explosion, and all other hazards and risks as ordinarily are insured against by other Persons engaged in the same or similar businesses. Parent and Borrowers also shall maintain business
interruption, public liability, and product liability insurance, as well as insurance against larceny, embezzlement, and criminal misappropriation. All such policies of insurance shall be in such amounts and with such insurance companies as are
reasonably satisfactory to Agent. Parent and Borrowers shall deliver copies of all such policies to Agent with an endorsement naming Agent as a loss payee (under a satisfactory lender’s loss payable endorsement as its interest may appear) or
additional insured, as appropriate. Each policy of insurance or endorsement shall contain a clause requiring the insurer to give not less than 30 days prior written notice to Agent in the event of cancellation of the policy for any reason
whatsoever. 
 (b) Administrative Borrower shall give Agent prompt notice of any loss exceeding $250,000 covered by such
insurance. So long as no Event of Default has occurred and is continuing, Borrowers shall have the exclusive right to adjust any losses payable under any such insurance policies which are less than $1,000,000. Following the occurrence and during the
continuation of an Event of Default, or in the case of any losses payable under such insurance exceeding $1,000,000, Agent shall have the exclusive right 

  

 29 

 
to adjust any losses payable under any such insurance policies, without any liability to Borrowers whatsoever in respect of such adjustments. Any monies
received as payment for any loss under any such insurance policy (other than liability insurance policies) or as payment of any award or compensation for condemnation or taking by eminent domain, shall be paid over to Agent to be applied in
accordance with Section 2.4(c)(iii)(B); provided, however, that, with respect to any such monies in an aggregate amount during any 12 consecutive month period not in excess of (x) $3,000,000 solely with respect to such
monies received as payment for losses under insurance policies insuring tangible property located at 200 Ballardvale Street, Wilmington, Massachusetts 01887, and (y) $1,000,000 with respect to all other such monies, so long as (A) no
Default or Event of Default shall have occurred and is continuing, (B) Administrative Borrower shall have given Agent prior written notice of the intention of Borrowers or their respective Subsidiaries’ to apply such monies to the costs of
repairs, replacement, or restoration of the property which is the subject of the loss, destruction, or taking by condemnation or, in the case of business interruption insurance, to utilize such monies in its operations, (C) the monies are held
in a cash collateral account in which Agent has a perfected first-priority security interest, and (D) Borrowers or their respective Subsidiaries complete such repairs, replacements, or restoration (or, in the case of business interruption
insurance, utilize such monies in its operations) within 180 days after the initial receipt of such monies, Borrowers shall have the option to apply such monies to the costs of repairs, replacement, or restoration of the property which is the
subject of the loss, destruction, or taking by condemnation (or, in the case of business interruption insurance, utilize such monies in its operations) unless and to the extent that such applicable period shall have expired without such repairs,
replacements, or restoration being made (or, in the case of business interruption insurance, such monies have been used in its operations), in which case, any amounts remaining in the cash collateral account shall be paid to Agent and applied as set
forth above. 
 (c) Parent and Borrowers will not, and will not suffer or permit their respective Subsidiaries to, take out
separate insurance concurrent in form or contributing in the event of loss with that required to be maintained under this Section 5.8, unless Agent is included thereon as an additional insured or loss payee under a lender’s loss
payable endorsement. Administrative Borrower promptly shall notify Agent whenever such separate insurance is taken out, specifying the insurer thereunder and full particulars as to the policies evidencing the same, and copies of such policies
promptly shall be provided to Agent. 
 (d) From and after the date that is 90 days after the Closing Date, at their expense,
Parent and Borrowers shall maintain key man life insurance policies with respect to the following individuals and in the following amounts (so long as such individuals are insurable in the ordinary course): 
  

				
	 Name
	  	Amount
	 Robert Givens
	  	$	5,000,000
	 John Seguin
	  	$	5,000,000
	 Doug Shaw
	  	$	5,000,000

 Parent and Borrowers shall furnish Agent with a collateral assignment of each such key man life insurance policy,
shall record each such collateral assignment with the issuer of the respective policy, and shall furnish proof of such issuer’s acceptance of such collateral assignment. All proceeds payable under such key man life insurance policies shall be
payable to Agent to be applied on account of the Obligations in accordance with Section 2.4(c). 
 5.9 Location of
Inventory and Equipment. Keep Parent’s, Borrowers’ and their respective Subsidiaries’ Inventory and Equipment (other than vehicles and Equipment out for repair) only at the locations identified on Schedule 4.5 and
their chief executive offices only at the locations identified on Schedule 4.7(b); provided, however, that Administrative Borrower may amend Schedule 4.5 or Schedule 4.7 so long as such amendment occurs by written
notice to Agent not less than 30 days prior to the date on which such Inventory or Equipment is moved to such new location or such chief executive office is relocated, so long as such new location is within the continental United States, and so long
as, at the time of such written notification, the applicable Loan Party provides Agent a Collateral Access Agreement with respect thereto. 
  

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 5.10 Compliance with Laws. Comply in all material respects with the requirements of all
applicable laws, rules, regulations, and orders, judgments and awards (including any settlement of any claim that, if breached, could give rise to any of the foregoing) of any Governmental Authority, such compliance to include (a) paying before
the same become delinquent all material taxes, assessments and governmental charges or levies imposed upon it or upon its income or profits or upon any of its properties, and (b) paying all lawful material claims which if unpaid might become a
Lien or charge upon any of its properties, except, in each case, to the extent subject to a Permitted Protest. 
 5.11 Leases.
Pay when due all rents and other amounts payable under any material leases to which Parent, any Borrower or any of their respective Subsidiaries is a party or by which Parent’s, any Borrower’s or any of their respective
Subsidiaries’ properties and assets are bound, unless such payments are the subject of a Permitted Protest. 
 5.12 Existence.
At all times preserve and keep in full force and effect Parent’s, each Borrower’s and each of their respective Subsidiaries’ valid existence and good standing and any rights, franchises, permits, licenses, authorizations,
approvals, entitlements and accreditations material to their businesses. 
 5.13 Environmental. 
 (a) Keep any Real Property free of any Environmental Liens or post bonds or other financial assurances sufficient to satisfy the
obligations or liability of Parent, any Borrower, or any of their respective Subsidiaries evidenced by such Environmental Liens, (b) comply, in all material respects, with Environmental Laws and provide to Agent documentation of such compliance
which Agent reasonably requests, (c) promptly, after receiving notice, notify Agent of any release of a Hazardous Material in any quantity reportable under Environmental Law from or onto property owned or operated by Parent, any Borrower or any
of their respective Subsidiaries and take any Remedial Actions required of Parent, any Borrower, or any of their respective Subsidiaries under Environmental Law to abate said release or otherwise to come into compliance with applicable Environmental
Law, and (d) promptly, but in any event within 5 days of its receipt thereof, provide Agent with written notice of any of the following: (i) notice that an Environmental Lien has been filed against any of the real or personal property of
Parent, any Borrower or any of their respective Subsidiaries, (ii) commencement of any Environmental Action against Parent, any Borrower, or any of their respective Subsidiaries or notice that an Environmental Action will be filed against
Parent, any Borrower or any of their respective Subsidiaries, and (iii) notice of a violation, citation, or other administrative order which reasonably could be expected to result in a Material Adverse Change. 
 5.14 Disclosure Updates. Promptly and in no event later than 5 Business Days after obtaining knowledge thereof, notify Agent if any written
information, exhibit, or report furnished to the Lender Group contained, at the time it was furnished, any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein not misleading in
light of the circumstances in which made. The foregoing to the contrary notwithstanding, any notification pursuant to the foregoing provision will not cure or remedy the effect of the prior untrue statement of a material fact or omission of any
material fact nor shall any such notification have the effect of amending or modifying this Agreement or any of the Schedules hereto. 
 5.15
Control Agreements. Take all reasonable steps in order for Agent to obtain control in accordance with Sections 8-106, 9-104, 9-105, 9-106, and 9-107 of the Code with respect to (subject to the proviso contained in
Section 6.12) all of its Securities Accounts, Deposit Accounts, electronic chattel paper, investment property, and letter of credit rights. 
  

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 5.16 Formation of Subsidiaries. At the time that Parent, any Borrower or any Guarantor
forms any direct or indirect Subsidiary or acquires any direct or indirect Subsidiary after the Closing Date, Parent, such Borrower or such Guarantor shall (a) cause such new Subsidiary to provide to Agent a joinder to the Guaranty and the
Security Agreement, together with such other security documents (including Mortgages with respect to any Real Property of such new Subsidiary), as well as appropriate financing statements (and with respect to all property subject to a Mortgage,
fixture filings), all in form and substance satisfactory to Agent (including being sufficient to grant Agent a first priority Lien (subject to Permitted Liens) in and to the assets of such newly formed or acquired Subsidiary), (b) provide to
Agent a pledge agreement and appropriate certificates and powers or financing statements, hypothecating all of the direct or beneficial ownership interest in such new Subsidiary, in form and substance satisfactory to Agent, and (c) provide to
Agent all other documentation, including updates to Schedules 4.5, 4.7(a), 4.7(b), 4.7(c), 4.8(b), 4.8(c), 4.15 and 4.17 and one or more opinions of counsel satisfactory to Agent, which in its
opinion is appropriate with respect to the execution and delivery of the applicable documentation referred to above (including policies of title insurance or other documentation with respect to all property subject to a Mortgage). Notwithstanding
the foregoing, if a Subsidiary that is so formed or acquired is a Controlled Foreign Corporation and, except in the case of the Japanese Subsidiary, if Parent and Administrative Borrower can reasonably demonstrate to Agent that the granting of a
Lien in the assets of such Subsidiary would result in an increase in tax liability of Parent and its Subsidiaries (with respect to an acquired Subsidiary, based on the amount of retained earnings at the time of such acquisition and the amount of
projected retained earnings set forth in the projections delivered pursuant to clause (6) of the definition of Permitted Acquisitions in Schedule 1.1) in excess of $500,000 per fiscal year, then clause (a) of the immediately
preceding sentence shall not be applicable and, with respect to clause (b) of the immediately preceding sentence, such pledge shall be limited to 65% of the voting power of all classes of capital Stock of such Subsidiary entitled to vote;
provided, that immediately upon the amendment of the IRC to allow for the pledge of a greater percentage of the voting power of capital Stock in such Subsidiary without adverse tax consequences, such pledge shall include such greater
percentage of capital Stock of such Subsidiary from that time forward. Any document, agreement, or instrument executed or issued pursuant to this Section 5.16 shall be a Loan Document. Notwithstanding the foregoing, Agent and Lenders
shall not be obligated to consent to any such formation or acquisition of a Subsidiary unless such formation or acquisition is otherwise expressly permitted hereunder. 
 5.17 Acquisition Transaction. 
 (a) Contemporaneously with the initial
extension of credit hereunder: (i) cause all transactions contemplated by the Acquisition Documents to be consummated; (ii) cause the Acquisition Transaction and the Merger to become effective; and (iii) furnish evidence thereof to
Agent, as well as certified (as of the Closing Date) true and complete copies of the Acquisition Documents, which shall be in compliance with all applicable laws and for which all necessary approvals shall have been obtained in connection therewith.

 (b) Promptly provide Agent with true and complete copies of any and all material documents delivered by or to any Loan
Party pursuant to the terms of the Acquisition Documents except any such documents otherwise required to be delivered hereunder. 
 5.18
D.B. Zwirn Loan Documents. Promptly provide Agent with true and complete copies of any and all documents and other information delivered by or to any Loan Party pursuant to the terms of the D.B. Zwirn Loan Documents except any such
documents otherwise required to be delivered hereunder. 
 5.19 Material Contracts. Contemporaneously with the delivery of a
quarterly Compliance Certificate to Agent, (a) provide copies of each Material Contract entered into since the delivery of the previous quarterly Compliance Certificate to Agent and (b) provide Agent with an amendment to Schedule
M-1 to reflect the addition of such Material Contract thereon. 
  

 32 

 5.20 ERISA Compliance. 
 (a) Parent and each Borrower shall do, and shall cause each of their respective Subsidiaries and ERISA Affiliates to do, each of the
following: (i) maintain each Plan in compliance in all material respects with the applicable provisions of ERISA, the IRC and each other applicable federal or state law; (ii) cause each Qualified Plan to maintain its qualified status under
Section 401(a) of the IRC; (iii) make all required contributions to each Plan; (iv) not become a party to any Multiemployer Plan; (v) ensure that all liabilities under each Plan are (A) funded to at least the minimum level
required by law or, if higher, to the level required by the terms governing such Plan; (B) insured with a reputable insurance company; and (C) provided for or recognized in the financial statements most recently delivered to Agent under
Section 5.3 (to the extent required by GAAP); and (vi) ensure that the contributions or premium payments to or in respect of each Plan are and continue to be promptly paid at no less than the rates required under the rules of such
Plan and in accordance with the most recent actuarial advice received in relation to such Plan and applicable law. 
 (b)
Deliver to Agent such certifications or other evidence of compliance with the provisions of Section 4.13 as Agent may from time to time reasonably request. 
 (c) Promptly notify Agent of each of the following ERISA events affecting Parent, any Borrower, any of their respective Subsidiaries or
any ERISA Affiliates (but in no event more than ten (10) days after such event), together with a copy of each notice with respect to such event that may be required to be filed with a Governmental Authority and each notice delivered by a
Governmental Authority to Parent, any Borrower, any of their respective Subsidiaries or any ERISA Affiliates with respect to such event: 
 (i) an ERISA Event; 
 (ii) the adoption of any new Pension Plan by Parent, any Borrower, any
of their respective Subsidiaries or any ERISA Affiliates; 
 (iii) the adoption of any amendment to a Pension Plan, if such
amendment will result in a material increase in benefits or unfunded benefit liabilities (as defined in Section 4001(a)(18) of ERISA); or 
 (iv) the commencement of contributions by Parent, any Borrower, any of their respective Subsidiaries or any ERISA Affiliate to any Plan that is subject to Title IV of ERISA or section 412 of the IRC; 
 (d) Promptly deliver to Agent copies of (i) each Schedule B (Actuarial Information) to the annual report (Form 5500 Series) filed by
Parent, any Borrower, any of their respective Subsidiaries or any ERISA Affiliates with the Internal Revenue Service with respect to each Pension Plan; (ii) all notices received by Parent, any Borrower, any of their respective Subsidiaries or
any of their respective ERISA Affiliates from a Multiemployer Plan sponsor concerning an ERISA Event; and (iii) such other documents or governmental reports or filings relating to any Plan as Agent shall reasonably request. 
 5.21 Further Assurances. Take such action and execute, acknowledge and deliver, and cause each of its Subsidiaries to take such action and
execute, acknowledge and deliver, at its sole cost and expense, such agreements, instruments or other documents as are necessary, or as Agent may reasonably request, from time to time in order (a) to carry out more effectively the purposes of
this Agreement and the other Loan Documents, (b) to subject to valid and perfected first priority Liens (subject only to Permitted Liens) any of the Collateral or any other property of any Loan Party and its Subsidiaries, (c) to establish
and maintain the validity and effectiveness of any of the Loan Documents and the validity, perfection and priority of the Liens intended to be created thereby, and (d) to better assure, convey, grant, assign, transfer and confirm unto Agent and
each Lender the rights now or hereafter intended to be granted to it under this Agreement or any other Loan Document. 
  

 33 

 5.22 Japanese Documents. If, on any date after the Closing Date, the Japanese Subsidiary
shall have been formed or any of the Japanese Documents shall have been entered into, Borrowers shall promptly deliver true and complete copies of (a) such Japanese Documents, each of which shall be satisfactory to Agent, and (b) the
Governing Documents of the Japanese Subsidiary, as amended, modified, or supplemented to such date, together with a certificate from the Secretary of the Japanese Subsidiary (i) certifying such Governing Documents, (ii) attesting to the
resolutions of the Japanese Subsidiary’s Board of Directors authorizing its execution, delivery, and performance of the Japanese Documents and authorizing specific officers of the Japanese Subsidiary to execute the same, (iii) attesting to
the incumbency and signatures of such specific officers of the Japanese Subsidiary and (iv) certifying that the Japanese Documents so delivered are true and complete copies thereof and that such documents have been entered into by the parties
thereto in compliance with all applicable laws and all necessary approvals and are in full force and effect. 
  

	6.	NEGATIVE COVENANTS. 

 Parent and each Borrower
covenant and agree that, until termination of all of the Commitments and payment in full of the Obligations, Parent and Borrowers will not and will not permit any of their respective Subsidiaries to do any of the following: 
 6.1 Indebtedness. Create, incur, assume, suffer to exist, guarantee, or otherwise become or remain, directly or indirectly, liable with
respect to any Indebtedness, except: 
 (a) Indebtedness evidenced by this Agreement and the other Loan Documents, 

(b) Indebtedness set forth on Schedule 4.19, 
 (c) Permitted Purchase Money Indebtedness, 
 (d) refinancings, renewals, or extensions of Indebtedness permitted under clauses (b) and (c) of this Section 6.1 (and continuance or renewal of any Permitted Liens associated therewith) so long
as with respect to refinancings, renewals, or extensions of Indebtedness permitted under clause (b): (i) such refinancings, renewals, or extensions do not result in an increase in the principal amount of, or interest rate with respect to, the
Indebtedness so refinanced, renewed, or extended or add one or more Loan Parties as liable with respect thereto if such additional Loan Parties were not liable with respect to the original Indebtedness, (ii) such refinancings, renewals, or
extensions do not result in a shortening of the average weighted maturity of the Indebtedness so refinanced, renewed, or extended, nor are they on terms or conditions, that, taken as a whole, are materially more burdensome or restrictive to any Loan
Party, (iii) if the Indebtedness that is refinanced, renewed, or extended was subordinated in right of payment to the Obligations, then the terms and conditions of the refinancing, renewal, or extension Indebtedness must include subordination
terms and conditions that are at least as favorable to the Lender Group as those that were applicable to the refinanced, renewed, or extended Indebtedness, and (iv) the Indebtedness that is refinanced, renewed, or extended is not recourse to
any Person that is liable on account of the Obligations other than those Persons which were obligated with respect to the Indebtedness that was refinanced, renewed, or extended, 
 (e) Indebtedness evidenced by the Subordinated Notes in an aggregate original principal amount outstanding at any time not to exceed
$20,000,000. 
 (f) endorsement of instruments or other payment items for deposit, 
 (g) Indebtedness under the D.B. Zwirn Loan Documents, and 
 (h) Indebtedness composing Permitted Investments. 
  

 34 

 6.2 Liens. Create, incur, assume, or suffer to exist, directly or indirectly, any Lien on
or with respect to any of its assets, of any kind, whether now owned or hereafter acquired, or any income or profits therefrom, except for Permitted Liens (including Liens that are replacements of Permitted Liens to the extent that the original
Indebtedness is refinanced, renewed, or extended under Section 6.1(d) and so long as the replacement Liens only encumber those assets that secured the refinanced, renewed, or extended Indebtedness). 
 6.3 Restrictions on Fundamental Changes. 
 (a) Except for the Merger, enter into any merger, consolidation, reorganization, or recapitalization, or reclassify its Stock, 
 (b) Liquidate, wind up, or dissolve itself (or suffer any liquidation or dissolution), 
 (c) Convey, sell, lease, license, assign, transfer, or otherwise dispose of, in one transaction or a series of transactions, all or any
substantial part of its assets, or 
 (d) Suspend or go out of a substantial portion of its business. 
 6.4 Disposal of Assets. Other than Permitted Dispositions, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of
the assets of Parent, any Borrower or any of their respective Subsidiaries. 
 6.5 Change Name. Except in connection with the
Merger, change Parent’s, any Borrower’s or any of their respective Subsidiaries’ name, organizational identification number, jurisdiction of organization, or organizational identity; provided, however, that Parent, a
Borrower or any of their respective Subsidiaries may change its name upon at least 30 days prior written notice by Parent or Administrative Borrower to Agent of such change so long as, (a) at the time of such written notification, Parent, such
Borrower or such Subsidiary provides any financing statements necessary to perfect and continue perfected the Agent’s Liens and (b) immediately after such name change, Administrative Borrower provides Agent with evidence of such name
change (including copies of any related public filings). 
 6.6 Nature of Business. Make any change in the principal nature of
its business and related businesses. 
 6.7 Prepayments and Amendments. Except in connection with a refinancing permitted by
Section 6.1(d), 
 (a) optionally prepay, redeem, defease, purchase, or otherwise acquire any Indebtedness of
Parent, any Borrower or any of their respective Subsidiaries, other than (i) the Obligations in accordance with this Agreement or (ii) the Transaction Bonus Notes (as defined in the Stock Purchase Agreement) in accordance with
Section 8.05 of the Stock Purchase Agreement, 
 (b) make any payment on account of Indebtedness evidenced by the
Subordinated Notes or any other Indebtedness that has been contractually subordinated in right of payment to the Obligations if such payment is not permitted at such time under the applicable subordination terms and conditions related to such
Indebtedness, 
 (c) directly or indirectly, amend, modify, alter, increase, or change any of the terms or conditions of, or
waive any of its rights under, (i) any agreement, instrument, document, indenture, or other writing evidencing or concerning Indebtedness permitted under Section 6.1(b), (ii) any of the D.B. Zwirn Loan Documents, (iii) any
of the Acquisition Documents, (iv) any Material Contract, or (v) any Subordinated Note Document, in each case in any manner materially adverse to Borrowers or the Lender Group. 
  

 35 

 6.8 Intentionally Omitted. 
 6.9 Consignments. Consign any of their Inventory or sell any of their Inventory on bill and hold, sale or return, sale on approval, or
other conditional terms of sale. 
 6.10 Distributions. Other than distributions or declaration and payment of dividends by
(x) a Borrower to another Borrower, or (y) a Subsidiary of any Borrower to any Borrower or to any other wholly-owned Subsidiary of any Borrower, make any distribution or declare or pay any dividends (in cash or other property, other than
common Stock) on, or purchase, acquire, redeem, or retire any of any of Parent’s or any Borrower’s Stock, of any class, whether now or hereafter outstanding (collectively, “Distributions”); provided, that
(a) Borrowers may make Distributions to Parent (i) in amounts necessary to pay customary third party advisor fees and expenses of Parent owing to Persons other than Loan Parties, the Investors or any of their respective Affiliates in the
ordinary course of its business as a holding company (including salaries and related reasonable and customary expenses incurred by employees of Parent) in an aggregate amount not to exceed $1,000,000 in any fiscal year (but only to the extent such
fees and expenses are actually incurred in such fiscal year), and (ii) in amounts necessary to enable Parent to pay taxes when due and owing by it in the ordinary course of its business as a holding company, and (b) any Borrower or Parent
may repurchase the Stock of such Borrower or Parent, as applicable, from former employees, consultants or directors pursuant to repurchase agreements or similar agreements approved by the Board of Directors; provided, that the aggregate
amount paid in respect of Stock so repurchased shall not exceed $500,000 in any fiscal year. 
 6.11 Accounting Methods. Modify
or change its fiscal year or its method of accounting (other than as may be required to conform to GAAP) or enter into, modify, or terminate any agreement currently existing, or at any time hereafter entered into with any third party accounting firm
or service bureau for the preparation or storage of Parent’s, Borrowers’ or any of their respective Subsidiaries’ accounting records without said accounting firm or service bureau agreeing to provide Agent information regarding
Parent’s, Borrowers’ and their respective Subsidiaries’ financial condition. 
 6.12 Investments. Except for
Permitted Investments, directly or indirectly, make or acquire any Investment, or incur any liabilities (including contingent obligations) for or in connection with any Investment; provided, however, that Parent, Borrowers and their
respective Subsidiaries shall not have Permitted Investments (other than in the Cash Management Accounts) in Deposit Accounts or Securities Accounts in an aggregate amount in excess of $50,000 at any one time unless Parent, the applicable Borrower
or the applicable Subsidiary, and the applicable securities intermediary or bank have entered into Control Agreements governing such Permitted Investments in order to perfect (and further establish) the Agent’s Liens in such Permitted
Investments. Subject to the foregoing proviso, Parent and Borrowers shall not and shall not permit their respective Subsidiaries to establish or maintain any Deposit Account or Securities Account unless Agent shall have received a Control Agreement
in respect of such Deposit Account or Securities Account. 
 6.13 Transactions with Affiliates. 
 (a) Except for the Subordinated Note Documents and as set forth in subsection (b) below, directly or indirectly enter into or permit
to exist any transaction with any Affiliate of Parent or any Borrower except for transactions that (i) are in the ordinary course of Parent’s or Borrowers’ business, (ii) are upon fair and reasonable terms, (iii) if they
involve one or more payments by Parent or any Borrower or any of their respective Subsidiaries in excess of $100,000, are fully disclosed to Agent, and (iv) are no less favorable to Parent, Borrowers or their respective Subsidiaries, as
applicable, than would be obtained in an arm’s length transaction with a non-Affiliate. 
 (b) Except as set forth in
subsection (a) above, make any payment to an Affiliate other than (i) payments for directors’ fees and expenses in an aggregate amount not to exceed $500,000 in any fiscal year, and (ii) payments of Accounts incurred in the
ordinary course of business and that are upon fair and reasonable terms. 
  

 36 

 6.14 Use of Proceeds. Use the proceeds of the Advances and the Term Loan for any purpose
other than (a) on the Closing Date, to (i) finance the Acquisition Transaction and (ii) pay transactional fees, costs, and expenses incurred in connection with this Agreement, the other Loan Documents, the Acquisition Documents, and
the transactions contemplated hereby and thereby, and (b) thereafter, consistent with the terms and conditions hereof, to finance ongoing working capital, capital expenditures, and general corporate needs of Parent and Borrowers following the
Acquisition Transaction and the Merger and for its lawful and permitted purposes. 
 6.15 Inventory and Equipment with Bailees.
Store the Inventory or Equipment of Parent, Borrowers or their respective Subsidiaries at any time now or hereafter with a bailee, warehouseman, or similar party. 
 6.16 Financial Covenants. 
 (a) Fail to maintain or achieve: 
 (i) Minimum TTM EBITDA. TTM EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following
table for the applicable period set forth opposite thereto: 
  

				
	Applicable
Amount	  	 Applicable Period

	$	25,000,000	  	For the 12 month period ending December 31, 2004
	$	25,000,000	  	For the 12 month period ending each quarter thereafter

 (ii) Minimum Quarterly EBITDA. EBITDA, measured on a quarter-end basis, of
at least the required amount set forth in the following table for the applicable period set forth opposite thereto: 
  

				
	Applicable
Amount	  	 Applicable Period

	$	5,000,000	  	For the 3 month period ending December 31, 2004
	$	5,000,000	  	For the 3 month period ending each quarter thereafter

  

 37 

 (iii) Fixed Charge Coverage Ratio. A Fixed Charge Coverage Ratio, measured on a
quarter-end basis, of at least the required ratio set forth in the following table for the applicable period set forth opposite thereto: 
  

			
	Applicable
Ratio	  	 Applicable Period

	1.00:1.00	  	For the 3 month period ending December 31, 2004
	1.00:1.00	  	For the 6 month period ending March 31, 2005
	1.00:1.00	  	For the 9 month period ending June 30, 2005
	1.00:1.00	  	For the 12 month period ending September 30, 2005
	1.00:1.00	  	For the 12 month period ending each quarter thereafter

 (b) Leverage Ratio. Permit the Leverage Ratio, as at the end of each period
set forth below, to exceed the required ratio set forth in the following table for the applicable period. 
  

			
	Applicable
Ratio	  	 Applicable Period

	4.25:1.00	  	For the 12 month period ending December 31, 2004
	4.25:1.00	  	For the 12 month period ending March 31, 2005
	4.25:1.00	  	For the 12 month period ending June 30, 2005
	4.00:1.00	  	For the 12 month period ending September 30, 2005
	4.00:1.00	  	For the 12 month period ending December 31, 2005
	3.75:1.00	  	For the 12 month period ending March 31, 2006
	3.75:1.00	  	For the 12 month period ending June 30, 2006
	3.50:1.00	  	For the 12 month period ending September 30, 2006
	3.50:1.00	  	For the 12 month period ending December 31, 2006
	3.25:1.00	  	For the 12 month period ending March 31, 2007
	3.25:1.00	  	For the 12 month period ending June 30, 2007

  

 38 

			
	Applicable
Ratio	  	 Applicable Period

	3.00:1.00	  	For the 12 month period ending September 30, 2007
	3.00:1.00	  	For the 12 month period ending December 31, 2007
	2.75:1.00	  	For the 12 month period ending March 31, 2008
	2.75:1.00	  	For the 12 month period ending June 30, 2008
	2.50:1.00	  	For the 12 month period ending September 30, 2008
	2.50:1.00	  	For the 12 month period ending December 31, 2008
	2.25:1.00	  	For the 12 month period ending March 31, 2009
	2.25:1.00	  	For the 12 month period ending June 30, 2009
	2.00:1.00	  	For the 12 month period ending September 30, 2009
	2.00:1.00	  	For the 12 month period ending December 31, 2009

 (c) Capital Expenditures. Make Capital Expenditures in any fiscal year in
excess of the amount set forth in the following table for the applicable period: 
  

			
	Applicable
Amount	  	 Applicable Period

	$2,000,000	  	Fiscal Year 2004
	$2,000,000	  	Fiscal Year 2005
	$2,000,000	  	Fiscal Year 2006
	$2,000,000	  	Fiscal Year 2007
	$2,000,000	  	Fiscal Year 2008
	$2,000,000	  	Fiscal Year 2009

 6.17 ERISA. (a) Terminate, or permit any of their ERISA Affiliates to
terminate, any Pension Plan so as to result in any material liability to Parent, any Borrower, any of their respective Subsidiaries or any ERISA Affiliate, (b) permit to exist any ERISA Event, or any other event or condition, which is
reasonably likely to present the risk of a material liability to any ERISA Affiliate, (c) make a complete or partial withdrawal (within the meaning of ERISA Section 4201) from any Multiemployer Plan so as to result in any material
liability to Parent, any Borrower, any of their respective Subsidiaries or any ERISA Affiliate, (d) enter 

  

 39 

 
into any new Plan or modify any existing Plan so as to increase its obligations thereunder which would reasonably be expected to result in any material
liability to any ERISA Affiliate, (e) permit the present value of all nonforfeitable accrued benefits under any Pension Plan or Multiemployer Plan (using the actuarial assumptions utilized by the PBGC upon termination of a Pension Plan or
Multiemployer Plan) materially to exceed the fair market value of the assets of any such Pension Plan or Multiemployer Plan allocable to such benefits, all determined as of the most recent valuation date for each such Pension Plan or Multiemployer
Plan, or (f) engage in any transaction which would cause any obligation, or action taken or to be taken, hereunder (or the exercise by Agent or any Lender of any of their rights under this Agreement, any Registered Note or the other Loan
Documents) to be a non-exempt (under a statutory or administrative exemption) prohibited transaction under ERISA or Section 4975 of the IRC. 
  

	7.	EVENTS OF DEFAULT. 

 Any one or more of the
following events shall constitute an event of default (each, an “Event of Default”) under this Agreement: 
 7.1 If
Borrowers fail to pay when due and payable, or when declared due and payable, (a) all or any portion of the Obligations consisting of interest, fees, or charges due the Lender Group, reimbursement of Lender Group Expenses, or other amounts
(other than any portion thereof constituting principal) constituting Obligations (including any portion thereof that accrues after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a
claim in any such Insolvency Proceeding), and such failure continues for a period of 3 Business Days, or (b) all or any portion of the principal of the Obligations; 
 7.2 If Parent, any Borrower or any of their respective Subsidiaries 
 (a) fails to perform or
observe any covenant or other agreement contained in any of Sections 2.7, 5.2, 5.3, 5.4, 5.5, 5.8, 5.12, 5.14, 5.15, 5.16, 5.17, and 6.1 through 6.17 of this
Agreement or Section 6 of the Security Agreement; 
 (b) fails to perform or observe any covenant or other agreement
contained in any of Sections 5.6, 5.7, 5.9, 5.10, 5.11, 5.18, 5.19, 5.20 and 5.21 of this Agreement and such failure continues for a period of 10 Business Days after the earlier of
(i) the date on which such failure shall first become known to any officer of Parent, any Borrower or any of their respective Subsidiaries or (ii) written notice thereof is given to Administrative Borrower by Agent; or 
 (c) fails to perform or observe any covenant or other agreement contained in this Agreement, or in any of the other Loan Documents; in
each case, other than any such covenant or agreement that is the subject of another provision of this Section 7 (in which event such other provision of this Section 7 shall govern), and such failure continues for a period of
20 Business Days after the earlier of (i) the date on which such failure shall first become known to any officer of Parent, any Borrower or any of their respective Subsidiaries or (ii) written notice thereof is given to Administrative
Borrower by Agent; 
 7.3 If any of Parent’s, any Borrower’s or any of their respective Subsidiaries’ assets with an aggregate
fair market value in excess of $500,000 is attached, seized, subjected to a writ or distress warrant, or is levied upon, or comes into the possession of any third Person and the same is not discharged before the earlier of 30 days after the date it
first arises or 5 days prior to the date on which such property or asset is subject to forfeiture by Parent, such Borrower or the applicable Subsidiary; 
 7.4 If an Insolvency Proceeding is commenced by Parent, any Borrower or any of their respective Subsidiaries; 
  

 40 

 7.5 If an Insolvency Proceeding is commenced against Parent, any Borrower or any of their respective
Subsidiaries, and any of the following events occur: (a) Parent, or the applicable Borrower or Subsidiary consents to the institution of such Insolvency Proceeding against it, (b) the petition commencing the Insolvency Proceeding is not
timely controverted, (c) the petition commencing the Insolvency Proceeding is not dismissed within 60 calendar days of the date of the filing thereof, (d) an interim trustee is appointed to take possession of all or any substantial portion
of the properties or assets of, or to operate all or any substantial portion of the business of, Parent, any Borrower or any such Subsidiary, or (e) an order for relief shall have been issued or entered therein; 
 7.6 If Parent, any Borrower or any of their respective Subsidiaries is enjoined, restrained, or in any way prevented by court order from continuing to
conduct all or any material part of its business affairs; 
 7.7 If one or more judgments or other claims involving an aggregate amount of
$500,000, or more (except to the extent fully covered by insurance, subject to deductibles, pursuant to which the insurer has not denied coverage therefor in writing) shall be entered or filed against Parent, any Borrower or any of their respective
Subsidiaries or with respect to any of their respective assets, and the same is not released, discharged, bonded against, or stayed pending appeal before the earlier of 30 days after the date it first arises or 5 days prior to the date on which such
asset is subject to being forfeited by Parent, the applicable Borrower or the applicable Subsidiary; 
 7.8 If there is an Event of Default
in, and as such term is defined in, the D.B. Zwirn Loan Documents; 
 7.9 If there is a default in one or more agreements to which Parent,
any Borrower or any of their respective Subsidiaries is a party with one or more third Persons relative to Indebtedness of Parent, any Borrower or any of their respective Subsidiaries involving an aggregate amount of $500,000 or more, and such
default (a) occurs at the final maturity of the obligations thereunder, or (b) results in a right by such third Person(s), irrespective of whether exercised, to accelerate the maturity of Parent’s, the applicable Borrower’s or
Subsidiary’s obligations thereunder; 
 7.10 If any warranty, representation, statement, or Record made herein or in any other Loan
Document or delivered to Agent or any Lender in connection with this Agreement or any other Loan Document proves to be untrue in any material respect as of the date of issuance or making or deemed making thereof; 
 7.11 Parent, any Borrower or any of their respective Subsidiaries shall lose, fail to keep in force, suffer the termination, suspension or revocation of
or terminate, forfeit or suffer a material adverse amendment to any Material Contract, unless, in the case of termination of any Material Contract, such Material Contract is simultaneously replaced by an agreement of a type and on terms
substantially similar to such Material Contract with the same Person (or another Person reasonably satisfactory to Agent); 
 7.12 If the
obligation of any Guarantor under the Guaranty is limited or terminated by operation of law or by such Guarantor; 
 7.13 If the Security
Agreement or any other Loan Document that purports to create a Lien, shall, for any reason, fail or cease to create a valid and perfected and, except to the extent permitted by the terms hereof or thereof, first priority Lien on or security interest
in the Collateral covered hereby or thereby, except as a result of a disposition of the applicable Collateral in a transaction permitted under this Agreement or any other Loan Document; 
 7.14 If any provision of any Loan Document shall at any time for any reason be declared to be null and void, or the validity or enforceability thereof
shall be contested by Parent, any Borrower or any of their respective Subsidiaries, or a proceeding shall be commenced by Parent, any Borrower or any of their 

  

 41 

 
respective Subsidiaries, or by any Governmental Authority having jurisdiction over Parent, any Borrower or any of their respective Subsidiaries, seeking to
establish the invalidity or unenforceability thereof, or Parent, any Borrower or any of their respective Subsidiaries shall deny that it has any liability or obligation purported to be created under any Loan Document; 
 7.15 If any Change of Control shall have occurred; 
 7.16 If any bank at which any Cash Management Account or Deposit Account of any Loan Party containing deposits in excess of $100,000 is maintained shall fail to comply with any of the material terms of any Cash Management Agreement or
Control Agreement to which such bank is a party or any securities intermediary, commodity intermediary or other financial institution at any time in custody, control or possession of any investment property of any Loan Party in excess of $100,000
shall fail to comply with any of the material terms of any Control Agreement to which such Person is a party; 
 7.17 If there is any
material damage to, or loss, theft or destruction of, any Collateral, whether or not insured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than 30 consecutive
days, the cessation or substantial curtailment of revenue producing activities of any Loan Party and such event or circumstance could reasonably be expected to result in a Material Adverse Change; 
 7.18 If there is any cessation of a substantial part of the business of any Loan Party or any of its Subsidiaries for a period which could reasonably be
expected to result in a Material Adverse Change; 
 7.19 If there is a loss, suspension or revocation of, or failure to renew, any license or
permit now held or hereafter acquired by any Loan Party or any of its Subsidiaries and such loss, suspension, revocation or failure to renew could reasonably be expected to result in a Material Adverse Change; 
 7.20 If there is an indictment, or a threatened indictment of any Loan Party or any of its Subsidiaries under any criminal statute, or a commencement or
a threatened commencement of criminal proceedings against any Loan Party or any of its Subsidiaries, pursuant to which statute or proceedings the penalties or remedies sought or available include forfeiture to any Governmental Authority of any
portion of the property of such Person with a fair market value in excess of $250,000; 
 7.21 If any Loan Party or any of its Subsidiaries
shall be liable for any Environmental Liabilities the payment of which could reasonably be expected to result in a Material Adverse Change; 
 7.22 If (a) there shall occur and be continuing any “Event of Default” (or any comparable term) under, and as defined in any Subordinated Note Document or any document evidencing or governing any other Subordinated
Indebtedness, (b) any of the Obligations for any reason shall cease to be “Senior Indebtedness” or “Designated Senior Indebtedness” (or any comparable terms) under, and as defined in the Investor Intercreditor Agreement or
any document evidencing or governing any other Subordinated Indebtedness, (c) any Indebtedness other than the Obligations shall constitute “Designated Senior Indebtedness” (or any comparable term) under, and as defined in, the
Investor Intercreditor Agreement or any document evidencing or governing any other Subordinated Indebtedness, (d) any holder of any Subordinated Note or any other Subordinated Indebtedness shall fail to perform or comply with any of the
subordination provisions of the documents evidencing or governing such Indebtedness, or (e) the subordination provisions of the Investor Intercreditor Agreement or any document evidencing or governing any other Subordinated Indebtedness shall,
in whole or in part, terminate, cease to be effective or cease to be legally valid, binding and enforceable against any holder of such Indebtedness; or 
 7.23 If there occurs one or more ERISA Events which individually or in the aggregate results in or otherwise is associated with liability of Parent, any Borrower, any of their respective Subsidiaries, or any of their
respective ERISA Affiliates that is a member of a “controlled group of corporations”, under “common 

  

 42 

 
control” or an “affiliated service group” with Parent, any Borrower or any of their respective Subsidiaries within the meaning of
Section 414(b), (c) or (m) of the IRC (collectively, the “Controlled Group ERISA Affiliates”) (or is reasonably likely, as determined in the reasonable discretion of Agent, to result in liability to Parent, any
Borrower, any of their respective Subsidiaries or any of their respective Controlled Group ERISA Affiliates in the case of liability of any of their respective ERISA Affiliates that are not Controlled Group ERISA Affiliates) in excess of $250,000
during the term of this Agreement; or there exists, an amount of unfunded benefit liabilities (as defined in Section 4001(a)(18) of ERISA), individually or in the aggregate for all Pension Plans maintained, sponsored or obligated to be
contributed by Parent, any Borrower, any of their respective Subsidiaries or any of their Controlled Group ERISA Affiliates (excluding for purposes of such computation any Pension Plans with respect to which assets exceed benefit liabilities) which
exceeds $250,000; or there exists, an amount of unfunded benefit liabilities (as defined in Section 4001(a)(18) of ERISA), individually or in the aggregate for all Pension Plans maintained, sponsored or obligated to be contributed by ERISA
Affiliate that are not Controlled Group ERISA Affiliates (excluding for purposes of such computation any Pension Plans with respect to which assets exceed benefit liabilities) which exceeds $250,000 and which is reasonably likely, as determined in
the reasonable discretion of Agent, to result in liability of Parent, any Borrower, any of their respective Subsidiaries, or any of their respective Controlled Group ERISA Affiliates. 
  

	8.	THE LENDER GROUP’S RIGHTS AND REMEDIES. 

 8.1
Rights and Remedies. Upon the occurrence, and during the continuation, of an Event of Default, the Required Lenders (at their election but without notice of their election and without demand) may authorize and instruct Agent to do any
one or more of the following on behalf of the Lender Group (and Agent, acting upon the instructions of the Required Lenders, shall do the same on behalf of the Lender Group), all of which are authorized by Parent and Borrowers: 
 (a) Declare all or any portion of the Obligations, whether evidenced by this Agreement, by any of the other Loan Documents, or otherwise,
immediately due and payable; 
 (b) Cease or restrict advancing money or extending credit to or for the benefit of Borrowers
under this Agreement, under any of the Loan Documents, or under any other agreement between Borrowers and the Lender Group; 
 (c) Terminate this Agreement and any of the other Loan Documents as to any future liability or obligation of the Lender Group, but without affecting any of the Agent’s Liens in the Collateral and without affecting the Obligations; and

 (d) Exercise any and all other rights and remedies available at law or in equity or pursuant to any other Loan Document.

 The foregoing to the contrary notwithstanding, upon the occurrence of any Event of Default described in Section 7.4 or
Section 7.5, in addition to the remedies set forth above, without any notice to Parent, Borrowers or any other Person or any act by the Lender Group, the Commitments shall automatically terminate and the Obligations then outstanding,
together with all accrued and unpaid interest thereon and all fees and all other amounts due under this Agreement and the other Loan Documents, shall automatically and immediately become due and payable, without presentment, demand, protest, or
notice of any kind, all of which are expressly waived by Parent and Borrowers. 
 8.2 Remedies Cumulative. The rights and
remedies of the Lender Group under this Agreement, the other Loan Documents, and all other agreements shall be cumulative. The Lender Group shall have all other rights and remedies not inconsistent herewith as provided under the Code, by law, or in
equity. No exercise by the Lender Group of one right or remedy shall be deemed an election, and no waiver by the Lender Group of any Event of Default shall be deemed a continuing waiver. No delay by the Lender Group shall constitute a waiver,
election, or acquiescence by it. 
  

 43 

	9.	TAXES AND EXPENSES. 

 If Parent, any Borrower or any
of their respective Subsidiaries fails to pay any monies (whether taxes, assessments, insurance premiums, or, in the case of leased properties or assets, rents or other amounts payable under such leases) due to third Persons, or fails to make any
deposits or furnish any required proof of payment or deposit, all as required under the terms of this Agreement, then, Agent, in its sole discretion and without prior notice to any such Person, may do any or all of the following: (a) make
payment of the same or any part thereof, or (b) in the case of the failure to comply with Section 5.8 hereof, obtain and maintain insurance policies of the type described in Section 5.8 and take any action with respect
to such policies as Agent deems prudent. Any such amounts paid by Agent shall constitute Lender Group Expenses and any such payments shall not constitute an agreement by the Lender Group to make similar payments in the future or a waiver by the
Lender Group of any Event of Default under this Agreement. Agent need not inquire as to, or contest the validity of, any such expense, tax, or Lien and the receipt of the usual official notice for the payment thereof shall be conclusive evidence
(for purposes of this Section 9) that the same was validly due and owing. 
  

	10.	WAIVERS; INDEMNIFICATION. 

 10.1 Demand;
Protest; etc. Parent and each Borrower waive demand, protest, notice of protest, notice of default or dishonor, notice of payment and nonpayment, nonpayment at maturity, release, compromise, settlement, extension, or renewal of documents,
instruments, chattel paper, and guarantees at any time held by the Lender Group on which Parent or any Borrower may in any way be liable. 
 10.2 The Lender Group’s Liability for Collateral. Parent and each Borrower hereby agree that: (a) so long as Agent complies with its obligations, if any, under the Code, the Lender Group shall not in any way or
manner be liable or responsible for: (i) the safekeeping of the Collateral, (ii) any loss or damage thereto occurring or arising in any manner or fashion from any cause, (iii) any diminution in the value thereof, or (iv) any act
or default of any carrier, warehouseman, bailee, forwarding agency, or other Person, and (b) all risk of loss, damage, or destruction of the Collateral shall be borne by Borrowers. 
 10.3 Indemnification. Each Borrower shall pay, indemnify, defend, and hold the Agent-Related Persons, the Lender-Related Persons, and each
Participant (each, an “Indemnified Person”) harmless (to the fullest extent permitted by law) from and against any and all claims, demands, suits, actions, investigations, proceedings, liabilities, fines, costs, penalties and
damages, and all reasonable fees and disbursements of attorneys, experts and consultants and other costs and expenses actually incurred in connection therewith or in connection with the enforcement of this indemnification (as and when they are
incurred and irrespective of whether suit is brought), at any time asserted against, imposed upon, or incurred by any of them (a) in connection with or as a result of or related to the execution, delivery, enforcement, performance, or
administration (including any restructuring or workout with respect hereto) of this Agreement, any of the other Loan Documents, or the transactions contemplated hereby or thereby or the monitoring of Parent’s, Borrowers’ and their
respective Subsidiaries’ compliance with the terms of the Loan Documents; provided that the reimbursement of Lender Group Expenses shall be subject to any limitations with respect thereto contained in this Agreement, (b) with
respect to any investigation, litigation, or proceeding related to this Agreement, any other Loan Document, or the use of the proceeds of the credit provided hereunder (irrespective of whether any Indemnified Person is a party thereto), or any act,
omission, event, or circumstance in any manner related thereto, and (c) in connection with or arising out of any presence or release of Hazardous Materials at, on, under, to or from any assets or properties at any time owned, leased or operated
by Parent, any Borrower or any of their respective Subsidiaries or any Environmental Actions, Environmental Liabilities or Remedial Actions related in any way to any such assets or properties at any time owned, leased or operated by Parent, any
Borrower or any of their respective Subsidiaries (all the foregoing, collectively, the “Indemnified 

  

 44 

 
Liabilities”). The foregoing to the contrary notwithstanding, Borrowers shall have no obligation to any Indemnified Person under this
Section 10.3 with respect to any Indemnified Liability that a court of competent jurisdiction finally determines to have resulted from the gross negligence or willful misconduct of such Indemnified Person or the willful breach by an
Indemnified Person of its obligations hereunder. This provision shall survive the termination of this Agreement and the repayment of the Obligations. If any Indemnified Person makes any payment to any other Indemnified Person with respect to an
Indemnified Liability as to which Borrowers were required to indemnify the Indemnified Person receiving such payment, the Indemnified Person making such payment is entitled to be indemnified and reimbursed by Borrowers with respect thereto.
WITHOUT LIMITATION, THE FOREGOING INDEMNITY SHALL APPLY TO EACH INDEMNIFIED PERSON WITH RESPECT TO INDEMNIFIED LIABILITIES WHICH IN WHOLE OR IN PART ARE CAUSED BY OR ARISE OUT OF ANY NEGLIGENT ACT OR OMISSION OF SUCH INDEMNIFIED PERSON OR OF ANY
OTHER PERSON. 
  

	11.	NOTICES. 

 Unless otherwise provided in this
Agreement, all notices or demands by Parent, Borrowers or Agent to the other relating to this Agreement or any other Loan Document shall be in writing and (except for financial statements and other informational documents which may be sent by
first-class mail, postage prepaid) shall be personally delivered or sent by registered or certified mail (postage prepaid, return receipt requested), overnight courier, electronic mail (at such email addresses as Parent, Administrative Borrower or
Agent, as applicable, may designate to each other in accordance herewith), or telefacsimile to Parent or Borrowers in care of Administrative Borrower or to Agent, as the case may be, at its address set forth below: 
  

			
	If to Parent or Administrative Borrower:	  	 MONOTYPE IMAGING, INC.
 200 Ballardvale
Street
 Wilmington, Massachusetts 01887
 Attn: Jeff Burk, Vice
President Finance
 Fax No.: (978) 657-8268

		
	with copies to:	  	 GOODWIN PROCTER LLP
 Exchange Place
 53 State Street
 Boston, MA 02109
 Attn: Edward Matson Sibble, Jr., Esq.
 Fax No.: (617)
523-1231

		
	If to Agent:	  	 WELLS FARGO FOOTHILL, INC.
 One Boston
Place
 Boston, Massachusetts 02108
 Attn: Business Finance
Manager
 Fax No.: (617) 523-5839

		
	with copies to:	  	 MORRISON & FOERSTER LLP
 1290 Avenue of the
Americas, 40th Floor
 New York, New York 10104-0050
 Attn: Mark B. Joachim, Esq.
 Fax No.: (212) 468-7900

 Agent, Parent and Borrowers may change the address at which they are to receive notices hereunder,
by notice in writing in the foregoing manner given to the other party. All notices or demands sent in accordance with this Section 11, other than notices by Agent in connection with enforcement rights against the Collateral under the
provisions of the Code, shall be deemed received on the earlier of the date of actual receipt or 3 Business Days after the deposit thereof in the mail. Parent and each Borrower acknowledge and 

  

 45 

 
agree that notices sent by the Lender Group in connection with the exercise of enforcement rights against Collateral under the provisions of the Code shall
be deemed sent when deposited in the mail or personally delivered, or, where permitted by law, transmitted by telefacsimile or any other method set forth above. 
  

	12.	CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER. 

 (a)
THE VALIDITY OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (UNLESS EXPRESSLY PROVIDED TO THE CONTRARY IN ANOTHER LOAN DOCUMENT IN RESPECT OF SUCH OTHER LOAN DOCUMENT), THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF AND THEREOF, AND THE
RIGHTS OF THE PARTIES HERETO AND THERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR THEREUNDER OR RELATED HERETO OR THERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

 (b) THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS SHALL
BE TRIED AND LITIGATED ONLY IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF NEW YORK, STATE OF NEW YORK, PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL
OR OTHER PROPERTY MAY BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. PARENT, EACH BORROWER AND EACH MEMBER OF THE LENDER GROUP
WAIVE, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION
12(b). 
 (c) PARENT, EACH BORROWER AND EACH MEMBER OF THE LENDER GROUP HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF
ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF ANY OF THE LOAN DOCUMENTS OR ANY OF THE TRANSACTIONS CONTEMPLATED THEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS. PARENT,
EACH BORROWER AND EACH MEMBER OF THE LENDER GROUP REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS
AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 
  

	13.	ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS. 

 13.1
Assignments and Participations. 
 (a) Any Lender may assign and delegate to one or more assignees (each an
“Assignee”) that are Eligible Transferees all, or any ratable part of all, of the Obligations, the Commitments and the other rights and obligations of such Lender hereunder and under the other Loan Documents, in a minimum amount of
$5,000,000 (except such minimum amount shall not apply to (x) an assignment or delegation by any Lender to any other Lender or an Affiliate of any Lender or any Related Fund or (y) a group of new Lenders, each of whom is an Affiliate of
each other or a fund or account managed by any such new Lender or an Affiliate of such new Lender to the extent that the aggregate amount to be assigned to all such new Lenders is at least $5,000,000); provided, however, that Borrowers
and Agent may continue to deal solely and directly with such Lender in connection with the interest so assigned to an Assignee until (i) written notice of such assignment, together with payment instructions, addresses, and related information
with respect to the Assignee, have been 

  

 46 

 
given to Administrative Borrower and Agent by such Lender and the Assignee, (ii) such Lender and its Assignee have delivered to Administrative Borrower
and Agent an Assignment and Acceptance, and (iii) the assigning Lender or Assignee has paid to Agent for Agent’s separate account a processing fee in the amount of $3,500. Anything contained herein to the contrary notwithstanding, the
payment of any fees shall not be required and the Assignee need not be an Eligible Transferee if (xx) such assignment is in connection with any merger, consolidation, sale, transfer, or other disposition of all or substantially all of the
business or loan portfolio of the assigning Lender or (yy) the assignee is a Lender or an Affiliate of a Lender or a Related Fund. 
 (b) From and after the date that Agent notifies the assigning Lender (with a copy to Administrative Borrower) that it has received an executed Assignment and Acceptance and payment of the above-referenced processing fee (if required),
(i) the Assignee thereunder shall be a party hereto and, to the extent that rights and obligations hereunder have been assigned to it pursuant to such Assignment and Acceptance, shall have the rights and obligations of a Lender under the Loan
Documents and the WFF and D.B. Zwirn Intercreditor Agreement, and (ii) the assigning Lender shall, to the extent that rights and obligations hereunder and under the other Loan Documents have been assigned by it pursuant to such Assignment and
Acceptance, relinquish its rights (except with respect to Section 10.3 hereof) and be released from any future obligations under this Agreement (and in the case of an Assignment and Acceptance covering all or the remaining portion of an
assigning Lender’s rights and obligations under this Agreement, the other Loan Documents and the WFF and D.B. Zwirn Intercreditor Agreement, such Lender shall cease to be a party hereto and thereto), and such assignment shall effect a novation
between Borrowers and the Assignee; provided, however, that nothing contained herein shall release any assigning Lender from such assigning Lender’s obligations that survive the termination of this Agreement, including such
assigning Lender’s obligations under Article 15 and Section 16.7 of this Agreement. Notwithstanding anything to the contrary contained in this Section 13.1, a Lender may assign any or all of its rights hereunder
to an Affiliate of such Lender or a Related Fund by the execution of an Assignment and Acceptance by such assigning Lender and its Affiliate or Related Fund but without written notice of such assignment to any Borrower or Agent or delivery of such
executed Assignment and Acceptance to Agent or any Borrower, and without the payment of the above-referenced processing fee; provided, however, that (x) Borrowers and Agent may continue to deal solely and directly with the
assigning Lender until such Assignment and Acceptance has been delivered to Agent, and (y) the failure of such assigning Lender to deliver such notice or to deliver the Assignment and Acceptance to Agent or any other Person shall not affect the
legality, validity, or binding effect of such assignment. 
 (c) By executing and delivering an Assignment and Acceptance, the
assigning Lender thereunder and the Assignee thereunder confirm to and agree with each other and the other parties hereto as follows: (i) other than as provided in such Assignment and Acceptance, such assigning Lender makes no representation or
warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with this Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this
Agreement, any other Loan Document or the WFF and D.B. Zwirn Intercreditor Agreement furnished pursuant hereto, (ii) such assigning Lender makes no representation or warranty and assumes no responsibility with respect to the financial condition
of any Loan Party or the performance or observance by any Loan Party of any of its obligations under this Agreement or any other Loan Document furnished pursuant hereto, (iii) such Assignee confirms that it has received a copy of this Agreement
and the WFF and D.B. Zwirn Intercreditor Agreement, together with such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into such Assignment and Acceptance, (iv) such Assignee
will, independently and without reliance upon Agent, such assigning Lender or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking
action under this Agreement, (v) such Assignee appoints and authorizes Agent to take such actions and to exercise such powers under this Agreement, the other Loan Documents and the WFF and D.B. Zwirn Intercreditor Agreement as are delegated to
Agent, by the terms hereof and thereof, together with such powers as are reasonably incidental thereto, (vi) such Assignee agrees that it will perform all of the obligations which by the terms of this Agreement are required to be performed by
it as a Lender and (vii) such Assignee expressly assumes all rights and obligations of such assigning Lender under the WFF and D.B. Zwirn Intercreditor Agreement and agrees to be bound by the terms thereof. 
  

 47 

 (d) Immediately upon Agent’s receipt of any required processing fee payment and the
fully executed Assignment and Acceptance (or the assigning Lender’s receipt of a fully executed Assignment and Acceptance, in the case of an assignment from a Lender to one or more of its Affiliates or Related Funds, as to which the assigning
Lender has not delivered an Assignment and Acceptance to Agent or Borrowers and in which case the payment of a processing fee is not required), this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect
the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments of the assigning Lender pro tanto. 
 (e) Any Lender may at any time sell to one or more commercial banks, financial institutions, or other Persons (a
“Participant”) participating interests in all or any portion of its Obligations, the Commitment, and the other rights and interests of that Lender (the “Originating Lender”) hereunder and under the other Loan
Documents; provided, however, that (i) the Originating Lender shall remain a “Lender” for all purposes of this Agreement and the other Loan Documents and the Participant receiving the participating interest in the
Obligations, the Commitments, and the other rights and interests of the Originating Lender hereunder shall not constitute a “Lender” hereunder or under the other Loan Documents and the Originating Lender’s obligations under this
Agreement shall remain unchanged, (ii) the Originating Lender shall remain solely responsible for the performance of such obligations, (iii) Borrowers, Agent, and the Lenders shall continue to deal solely and directly with the Originating
Lender in connection with the Originating Lender’s rights and obligations under this Agreement and the other Loan Documents, (iv) no Originating Lender shall transfer or grant any participating interest under which the Participant has the
right to approve any amendment to, or any consent or waiver with respect to, this Agreement or any other Loan Document, except to the extent such amendment to, or consent or waiver with respect to this Agreement or of any other Loan Document would
(A) extend the final maturity date of the Obligations hereunder in which such Participant is participating, (B) reduce the interest rate applicable to the Obligations hereunder in which such Participant is participating, (C) release
all or substantially all of the Collateral or guaranties (except to the extent expressly provided herein or in any of the Loan Documents) supporting the Obligations hereunder in which such Participant is participating, (D) postpone the payment
of, or reduce the amount of, the interest or fees payable to such Participant through such Lender, or (E) change the amount or due dates of scheduled principal repayments or prepayments or premiums, and (v) all amounts payable by Borrowers
hereunder shall be determined as if such Lender had not sold such participation, except that, if amounts outstanding under this Agreement are due and unpaid, or shall have been declared or shall have become due and payable upon the occurrence of an
Event of Default, each Participant shall be deemed to have the right of set off in respect of its participating interest in amounts owing under this Agreement to the same extent as if the amount of its participating interest were owing directly to
it as a Lender under this Agreement. The rights of any Participant only shall be derivative through the Originating Lender with whom such Participant participates and no Participant shall have any rights under this Agreement or the other Loan
Documents or any direct rights as to the other Lenders, Agent, Borrowers, the Collections of Borrowers or their respective Subsidiaries, the Collateral, or otherwise in respect of the Obligations. No Participant shall have the right to participate
directly in the making of decisions by the Lenders among themselves. 
 (f) In connection with any such assignment or
participation or proposed assignment or participation, a Lender may, subject to the provisions of Section 16.7, disclose all documents and information which it now or hereafter may have relating to Parent, Borrowers and their respective
Subsidiaries and their respective businesses. 
 (g) Any other provision in this Agreement notwithstanding, any Lender may at
any time create a security interest in, or pledge, all or any portion of its rights under and interest in this Agreement in favor of (i) any Federal Reserve Bank in accordance with Regulation A of the Federal Reserve Bank or U.S. Treasury
Regulation 31 CFR § 203.24, and (ii) any Person providing financing or other credit support to a Lender or any of its Affiliates or Related Funds in accordance with Section 2.17, and such Federal Reserve Bank or other Person
may enforce such pledge or security interest in any manner permitted under applicable law. 
  

 48 

 (h) Agent (on behalf of Borrowers) shall maintain, or cause to be maintained, a register
(the “Register”) on which it enters the name of a Lender as the registered owner of each Term Loan held by such Lender. Other than in connection with an assignment by a Lender of all or any portion of its Term Loan to an Affiliate
of such Lender or a Related Fund of such Lender (i) a Registered Loan (and the Registered Note, if any, evidencing the same) may be assigned or sold in whole or in part only by registration of such assignment or sale on the Register (and each
Registered Note shall expressly so provide) and (ii) any assignment or sale of all or part of such Registered Loan (and the Registered Note, if any, evidencing the same) may be effected only by registration of such assignment or sale on the
Register, together with the surrender of the Registered Note, if any, evidencing the same duly endorsed by (or accompanied by a written instrument of assignment or sale duly executed by) the holder of such Registered Note, whereupon, at the request
of the designated assignee(s) or transferee(s), one or more new Registered Notes in the same aggregate principal amount shall be issued to the designated assignee(s) or transferee(s). Prior to the registration of assignment or sale of any Registered
Loan (and the Registered Note, if any evidencing the same), Borrowers shall treat the Person in whose name such Loan (and the Registered Note, if any, evidencing the same) is registered as the owner thereof for the purpose of receiving all payments
thereon and for all other purposes, notwithstanding notice to the contrary. In the case of any assignment by a Lender of all or any portion of its Term Loan to an Affiliate of such Lender or a Related Fund of such Lender, and which assignment is not
recorded in the Register, the assigning Lender, on behalf of Borrowers, shall maintain a register comparable to the Register. 
 (i) In the event that a Lender sells participations in the Registered Loan, such Lender, on behalf of Borrowers, shall maintain a register on which it enters the name of all participants in the Registered Loans held by it (the
“Participant Register”). A Registered Loan (and the Registered Note, if any, evidencing the same) may be participated in whole or in part only by registration of such participation on the Participant Register (and each Registered
Note shall expressly so provide). Any participation of such Registered Loan (and the Registered Note, if any, evidencing the same) may be effected only by the registration of such participation on the Participant Register. 
 13.2 Successors. This Agreement shall bind and inure to the benefit of the respective successors and assigns of each of the parties;
provided, however, that neither Parent nor Borrowers may assign this Agreement or any rights or duties hereunder without the Lenders’ prior written consent and any prohibited assignment shall be absolutely void ab initio.
No consent to assignment by the Lenders shall release Parent or any Borrower from its Obligations. A Lender may assign this Agreement and the other Loan Documents and its rights and duties hereunder and thereunder pursuant to
Section 13.1 hereof and, except as expressly required pursuant to Section 13.1 hereof, no consent or approval by Parent or any Borrower is required in connection with any such assignment. 
  

	14.	AMENDMENTS; WAIVERS. 

 14.1 Amendments and
Waivers. No amendment or waiver of any provision of this Agreement or any other Loan Document (other than the Fee Letter and Bank Product Agreements), and no consent with respect to any departure by Parent, Borrowers or any of their
respective Subsidiaries therefrom, shall be effective unless the same shall be in writing and signed by the Required Lenders (or by Agent at the written request of the Required Lenders) and Administrative Borrower (on behalf of all Loan Parties) and
then any such waiver or consent shall be effective, but only in the specific instance and for the specific purpose for which given; provided, however, that no such waiver, amendment, or consent shall, unless in writing and signed by
all of the Lenders affected thereby and Administrative Borrower (on behalf of all Loan Parties), do any of the following: 
 (a) increase or extend any Commitment of any Lender, 
  

 49 

 (b) postpone or delay any date fixed by this Agreement or any other Loan Document for any
payment of principal, interest, fees, or other amounts due hereunder or under any other Loan Document, 
 (c) reduce the
principal of, or the rate of interest on, any loan or other extension of credit hereunder, or reduce any fees or other amounts payable hereunder or under any other Loan Document, 
 (d) change the Pro Rata Share that is required to take any action hereunder, 
 (e) amend or modify this Section or any provision of this Agreement providing for consent or other action by all Lenders, 
 (f) other than as permitted by Section 15.12, release Agent’s Lien in and to any of the Collateral, 
 (g) change the definition of “Required Lenders” or “Pro Rata Share”, 
 (h) contractually subordinate any of the Agent’s Liens, 
 (i) release any Borrower or any Guarantor from any obligation for the payment of money, 
 (j) change the definition of Maximum Revolver Amount or Term Loan Amount, or 
 (k) amend any of the provisions of Section 15, 
 and, provided further, however, that no amendment, waiver or consent shall, unless in writing and signed by Agent or Swing Lender, as applicable, affect the rights or duties of Agent or Swing Lender, as
applicable, under this Agreement or any other Loan Document. The foregoing notwithstanding, any amendment, modification, waiver, consent, termination, or release of, or with respect to, any provision of this Agreement or any other Loan Document that
relates only to the relationship of the Lender Group among themselves, and that does not affect the rights or obligations of Borrowers, shall not require consent by or the agreement of Borrowers. 
 14.2 Replacement of Holdout Lender. 
 (a) If any action to be taken by the Lender Group or Agent hereunder requires the unanimous consent, authorization, or agreement of all Lenders, and a Lender (“Holdout Lender”) fails to give its
consent, authorization, or agreement, then Agent, upon at least 5 Business Days prior irrevocable notice to the Holdout Lender, may permanently replace the Holdout Lender with one or more substitute Lenders (each, a “Replacement
Lender”), and the Holdout Lender shall have no right to refuse to be replaced hereunder. Such notice to replace the Holdout Lender shall specify an effective date for such replacement, which date shall not be later than 15 Business Days
after the date such notice is given. 
 (b) Prior to the effective date of such replacement, the Holdout Lender and each
Replacement Lender shall execute and deliver an Assignment and Acceptance, subject only to the Holdout Lender being repaid its share of the outstanding Obligations without any premium or penalty of any kind whatsoever. If the Holdout Lender shall
refuse or fail to execute and deliver any such Assignment and Acceptance prior to the effective date of such replacement, the Holdout Lender shall be deemed to have executed and delivered such Assignment and Acceptance. The replacement of any
Holdout Lender shall be made in accordance with the terms of Section 13.1. Until such time as the Replacement Lenders shall have acquired all of the Obligations, the Commitments, and the other rights and obligations of the Holdout Lender
hereunder and under the other Loan Documents, the Holdout Lender shall remain obligated to make the Holdout Lender’s Pro Rata Share of Advances. 
  

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 14.3 No Waivers; Cumulative Remedies. No failure by Agent or any Lender to exercise any
right, remedy, or option under this Agreement or any other Loan Document, or delay by Agent or any Lender in exercising the same, will operate as a waiver thereof. No waiver by Agent or any Lender will be effective unless it is in writing, and then
only to the extent specifically stated. No waiver by Agent or any Lender on any occasion shall affect or diminish Agent’s and each Lender’s rights thereafter to require strict performance by Parent, Borrowers or any of their respective
Subsidiaries of any provision of this Agreement. Agent’s and each Lender’s rights under this Agreement and the other Loan Documents will be cumulative and not exclusive of any other right or remedy that Agent or any Lender may have.

  

	15.	AGENT; THE LENDER GROUP. 

 15.1 Appointment
and Authorization of Agent. Each Lender hereby designates and appoints WFF as its representative under this Agreement and the other Loan Documents and each Lender hereby irrevocably authorizes Agent to execute and deliver each of the other
Loan Documents on its behalf and to take such other action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to Agent by the terms of this
Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. Agent agrees to act as such on the express conditions contained in this Section 15. The provisions of this Section 15
(other than the proviso to Section 15.11(a)) are solely for the benefit of Agent, and the Lenders, and Parent, Borrowers and their respective Subsidiaries shall have no rights as a third party beneficiary of any of the provisions
contained herein. Any provision to the contrary contained elsewhere in this Agreement or in any other Loan Document notwithstanding, Agent shall not have any duties or responsibilities, except those expressly set forth herein, nor shall Agent have
or be deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against Agent;
it being expressly understood and agreed that the use of the word “Agent” is for convenience only, that WFF is merely the representative of the Lenders, and only has the contractual duties set forth herein. Except as expressly otherwise
provided in this Agreement, Agent shall have and may use its sole discretion with respect to exercising or refraining from exercising any discretionary rights or taking or refraining from taking any actions that Agent expressly is entitled to take
or assert under or pursuant to this Agreement and the other Loan Documents. Without limiting the generality of the foregoing, or of any other provision of the Loan Documents that provides rights or powers to Agent, Lenders agree that Agent shall
have the right to exercise the following powers as long as this Agreement remains in effect: (a) maintain, in accordance with its customary business practices, ledgers and records reflecting the status of the Obligations, the Collateral, the
Collections of Parent, Borrowers and their respective Subsidiaries, and related matters, (b) execute or file any and all financing or similar statements or notices, amendments, renewals, supplements, documents, instruments, proofs of claim,
notices and other written agreements with respect to the Loan Documents, (c) make Advances, for itself or on behalf of Lenders as provided in the Loan Documents, (d) exclusively receive, apply, and distribute the Collections of Parent,
Borrowers and their respective Subsidiaries as provided in the Loan Documents, (e) open and maintain such bank accounts and cash management arrangements as Agent deems necessary and appropriate in accordance with the Loan Documents for the
foregoing purposes with respect to the Collateral and the Collections of Parent, Borrowers and their respective Subsidiaries, (f) perform, exercise, and enforce any and all other rights and remedies of the Lender Group with respect to the Loan
Parties, the Obligations, the Collateral, the Collections of Parent, Borrowers and their respective Subsidiaries, or otherwise related to any of same as provided in the Loan Documents, and (g) incur and pay such Lender Group Expenses as Agent
may deem necessary or appropriate for the performance and fulfillment of its functions and powers pursuant to the Loan Documents. 
  

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 15.2 Delegation of Duties. Agent may execute any of its duties under this Agreement or any
other Loan Document by or through agents, employees or attorneys in fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. Agent shall not be responsible for the negligence or misconduct of any agent or
attorney in fact that it selects as long as such selection was made without gross negligence or willful misconduct. 
 15.3 Liability
of Agent. None of the Agent-Related Persons shall (a) be liable for any action taken or omitted to be taken by any of them under or in connection with this Agreement or any other Loan Document or the transactions contemplated hereby
(except for its own gross negligence or willful misconduct), or (b) be responsible in any manner to any of the Lenders for any recital, statement, representation or warranty made by Parent, any Borrower or any Subsidiary or Affiliate of Parent
or any Borrower, or any officer or director thereof, contained in this Agreement or in any other Loan Document, or in any certificate, report, statement or other document referred to or provided for in, or received by Agent under or in connection
with, this Agreement or any other Loan Document, or the validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document, or for any failure of Parent, any Borrower or any other party to any Loan
Document to perform its obligations hereunder or thereunder. No Agent-Related Person shall be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of,
this Agreement or any other Loan Document, or to inspect the books and records or properties of Parent or Borrowers or the books or records or properties of any of Parent’s or Borrowers’ Subsidiaries or Affiliates. 
 15.4 Reliance by Agent. Agent shall be entitled to rely, and shall be fully protected in relying, upon any writing, resolution, notice,
consent, certificate, affidavit, letter, telegram, telefacsimile or other electronic method of transmission, telex or telephone message, statement or other document or conversation believed by it to be genuine and correct and to have been signed,
sent, or made by the proper Person or Persons, and upon advice and statements of legal counsel (including counsel to Borrowers or counsel to any Lender), independent accountants and other experts selected by Agent. Agent shall be fully justified in
failing or refusing to take any action under this Agreement or any other Loan Document unless Agent shall first receive such advice or concurrence of the Lenders as it deems appropriate and until such instructions are received, Agent shall act, or
refrain from acting, as it deems advisable. If Agent so requests, it shall first be indemnified to its reasonable satisfaction by the Lenders against any and all liability and expense that may be incurred by it by reason of taking or continuing to
take any such action. Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement or any other Loan Document in accordance with a request or consent of the requisite Lenders and such request and any
action taken or failure to act pursuant thereto shall be binding upon all of the Lenders. 
 15.5 Notice of Default or Event of
Default. Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default, except with respect to defaults in the payment of principal, interest, fees, and expenses required to be paid to Agent for
the account of the Lenders and, except with respect to Events of Default of which Agent has actual knowledge, unless Agent shall have received written notice from a Lender or Administrative Borrower referring to this Agreement, describing such
Default or Event of Default, and stating that such notice is a “notice of default.” Agent promptly will notify the Lenders of its receipt of any such notice or of any Event of Default of which Agent has actual knowledge. If any Lender
obtains actual knowledge of any Event of Default, such Lender promptly shall notify the other Lenders and Agent of such Event of Default. Each Lender shall be solely responsible for giving any notices to its Participants, if any. Subject to
Section 15.4, Agent shall take such action with respect to such Default or Event of Default as may be requested by the Required Lenders in accordance with Section 8; provided, however, that unless and until
Agent has received any such request, Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall deem advisable. 
 15.6 Credit Decision. Each Lender acknowledges that none of the Agent-Related Persons has made any representation or warranty to it, and
that no act by Agent hereinafter taken, including any review of the affairs of Parent, Borrowers and their respective Subsidiaries or Affiliates, shall be deemed to constitute any representation or warranty by any Agent-Related Person to any Lender.
Each Lender represents to Agent 

  

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that it has, independently and without reliance upon any Agent-Related Person and based on such documents and information as it has deemed appropriate, made
its own appraisal of and investigation into the business, prospects, operations, property, financial and other condition and creditworthiness of Parent, Borrowers and any other Person party to a Loan Document, and all applicable bank regulatory laws
relating to the transactions contemplated hereby, and made its own decision to enter into this Agreement and to extend credit to Borrowers. Each Lender also represents that it will, independently and without reliance upon any Agent-Related Person
and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan Documents, and to make
such investigations as it deems necessary to inform itself as to the business, prospects, operations, property, financial and other condition and creditworthiness of Parent, Borrowers and any other Person party to a Loan Document. Except for
notices, reports, and other documents expressly herein required to be furnished to the Lenders by Agent, Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, prospects,
operations, property, financial and other condition or creditworthiness of Parent, Borrowers and any other Person party to a Loan Document that may come into the possession of any of the Agent-Related Persons. 
 15.7 Costs and Expenses; Indemnification. Agent may incur and pay Lender Group Expenses to the extent Agent reasonably deems necessary or
appropriate for the performance and fulfillment of its functions, powers, and obligations pursuant to the Loan Documents, including court costs, attorneys fees and expenses, fees and expenses of financial accountants, advisors, consultants, and
appraisers, costs of collection by outside collection agencies, auctioneer fees and expenses, and costs of security guards or insurance premiums paid to maintain the Collateral, whether or not Borrowers are obligated to reimburse Agent or Lenders
for such expenses pursuant to this Agreement or otherwise. Agent is authorized and directed to deduct and retain sufficient amounts from the Collections of Parent, Borrowers and their respective Subsidiaries received by Agent to reimburse Agent for
such out-of-pocket costs and expenses (to the extent such out-of-pocket costs and expenses constitute Lender Group Expenses) prior to the distribution of any amounts to Lenders. In the event Agent is not reimbursed for such costs and expenses from
the Collections of Parent, Borrowers and their respective Subsidiaries received by Agent, each Lender hereby agrees that it is and shall be obligated to pay to or reimburse Agent for the amount of such Lender’s Pro Rata Share thereof. Whether
or not the transactions contemplated hereby are consummated, the Lenders shall indemnify upon demand the Agent-Related Persons (to the extent not reimbursed by or on behalf of Borrowers and without limiting the obligation of Borrowers to do so),
according to their Pro Rata Shares, from and against any and all Indemnified Liabilities; provided, however, that no Lender shall be liable for the payment to any Agent-Related Person of any portion of such Indemnified Liabilities
resulting solely from such Person’s gross negligence or willful misconduct nor shall any Lender be liable for the obligations of any Defaulting Lender in failing to make an Advance or other extension of credit hereunder. Without limitation of
the foregoing, each Lender shall reimburse Agent upon demand for such Lender’s Pro Rata Share of any costs or out of pocket expenses (including attorneys, accountants, advisors, and consultants fees and expenses) incurred by Agent in connection
with the preparation, execution, delivery, administration, modification, amendment, or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement, any
other Loan Document, or any document contemplated by or referred to herein or therein, to the extent that Agent is not reimbursed for such expenses by or on behalf of Borrowers. The undertaking in this Section shall survive the payment of all
Obligations hereunder and the resignation or replacement of Agent. 
 15.8 Agent in Individual Capacity. WFF and its Affiliates
and Related Funds may make loans to, issue letters of credit for the account of, accept deposits from, acquire equity interests in, and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with Parent,
Borrowers and their respective Subsidiaries and Affiliates and any other Person party to any Loan Documents as though WFF were not Agent hereunder, and, in each case, without notice to or consent of the other members of the Lender Group. The other
members of the Lender Group acknowledge that, pursuant to such activities, WFF or its Affiliates or Related Funds may receive information regarding Parent, Borrowers or their respective Affiliates and any other Person party to any Loan Documents
that is subject to confidentiality 

  

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obligations in favor of Parent, Borrowers or such other Person and that prohibit the disclosure of such information to the Lenders, and the Lenders
acknowledge that, in such circumstances (and in the absence of a waiver of such confidentiality obligations, which waiver Agent will use its reasonable best efforts to obtain), Agent shall not be under any obligation to provide such information to
them. The terms “Lender” and “Lenders” include WFF in its individual capacity. 
 15.9 Successor Agent.
Agent may resign as Agent upon 45 days notice to the Lenders. If Agent resigns under this Agreement, the Required Lenders shall appoint a successor Agent for the Lenders. If no successor Agent is appointed prior to the effective date of the
resignation of Agent, Agent may appoint, after consulting with the Lenders, a successor Agent. If Agent has materially breached or failed to perform any material provision of this Agreement or of applicable law, the Required Lenders may agree in
writing to remove and replace Agent with a successor Agent from among the Lenders. In any such event, upon the acceptance of its appointment as successor Agent hereunder, such successor Agent shall succeed to all the rights, powers, and duties of
the retiring Agent and the term “Agent” shall mean such successor Agent and the retiring Agent’s appointment, powers, and duties as Agent shall be terminated. After any retiring Agent’s resignation hereunder as Agent, the
provisions of this Section 15 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent under this Agreement. If no successor Agent has accepted appointment as Agent by the date which is 45 days
following a retiring Agent’s notice of resignation, the retiring Agent’s resignation shall nevertheless thereupon become effective and the Lenders shall perform all of the duties of Agent hereunder until such time, if any, as the Lenders
appoint a successor Agent as provided for above. 
 15.10 Lender in Individual Capacity. Any Lender and its respective
Affiliates and Related Funds may make loans to, issue letters of credit for the account of, accept deposits from, acquire equity interests in and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with
Parent, Borrowers and their respective Subsidiaries and Affiliates and any other Person party to any Loan Documents as though such Lender were not a Lender hereunder without notice to or consent of the other members of the Lender Group. The other
members of the Lender Group acknowledge that, pursuant to such activities, such Lender and its respective Affiliates and Related Funds may receive information regarding Parent, Borrowers or their Affiliates and any other Person party to any Loan
Documents that is subject to confidentiality obligations in favor of Borrowers or such other Person and that prohibit the disclosure of such information to the Lenders, and the Lenders acknowledge that, in such circumstances (and in the absence of a
waiver of such confidentiality obligations, which waiver such Lender will use its reasonable best efforts to obtain), such Lender shall not be under any obligation to provide such information to them. With respect to the Swing Loans and Protective
Advances, Swing Lender shall have the same rights and powers under this Agreement as any other Lender and may exercise the same as though it were not the sub-agent of Agent. 
 15.11 Withholding Taxes. 
 (a) All payments made by any Borrower hereunder or under any note or other Loan Document will be made without setoff, counterclaim, or other defense. In addition, all such payments will be made free and clear of, and
without deduction or withholding for, any present or future Taxes, and in the event any deduction or withholding of Taxes is required, each Borrower shall comply with the penultimate sentence of this Section 15.11(a). “Taxes”
shall mean, any taxes, levies, imposts, duties, fees, assessments or other charges of whatever nature now or hereafter imposed by any jurisdiction or by any political subdivision or taxing authority thereof or therein with respect to such payments
(but excluding any tax imposed by any jurisdiction or by any political subdivision or taxing authority thereof or therein measured by or based on the net income or net profits of any Lender or Agent) and all interest, penalties or similar
liabilities with respect thereto. If any Taxes are so levied or imposed, each Borrower agrees to pay the full amount of such Taxes and such additional amounts as may be necessary so that every payment of all amounts due under this Agreement, any
note, or Loan Document, including any amount paid pursuant to this Section 15.11(a) after withholding or deduction for or on account of any Taxes, will not be less than the amount provided for herein; provided, however,
that Borrowers shall not be required to increase any such amounts if the increase in such amount 

  

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payable results from Agent’s or such Lender’s own willful misconduct or gross negligence (as finally determined by a court of competent
jurisdiction). Each Borrower will furnish to Agent as promptly as possible after the date the payment of any Tax is due pursuant to applicable law certified copies of tax receipts evidencing such payment by any Borrower. 
 (b) If a Lender claims an exemption from United States withholding tax, such Lender shall deliver to Agent (or in the case of a Lender
party to an Assignment and Acceptance not recorded in the Register, the assigning Lender): 
 (i) if such Lender claims an
exemption from United States withholding tax pursuant to its portfolio interest exception, (A) a statement of the Lender, signed under penalty of perjury, that it is not a (I) a “bank” as described in Section 881(c)(3)(A) of
the IRC, (II) a 10% shareholder of any Borrower (within the meaning of Section 871(h)(3)(B) of the IRC), or (III) a controlled foreign corporation related to any Borrower within the meaning of Section 864(d)(4) of the IRC, and (B) a
properly completed and executed IRS Form W-8BEN, before receiving its first payment under this Agreement and at any other time reasonably requested by Agent, Administrative Borrower or the assigning Lender, as applicable; 
 (ii) if such Lender claims an exemption from, or a reduction of, withholding tax under a United States tax treaty, properly completed and
executed IRS Form W-8BEN before receiving its first payment under this Agreement and at any other time reasonably requested by Agent, Administrative Borrower or the assigning Lender, as applicable; 
 (iii) if such Lender claims that interest paid under this Agreement is exempt from United States withholding tax because it is effectively
connected with a United States trade or business of such Lender, two properly completed and executed copies of IRS Form W-8ECI before receiving its first payment under this Agreement and at any other time reasonably requested by Agent,
Administrative Borrower or the assigning Lender, as applicable; and/or 
 (iv) such other form or forms, including IRS Form
W-9, as may be required under the IRC or other laws of the United States as a condition to exemption from, or reduction of, United States withholding or backup withholding tax before receiving its first payment under this Agreement and at any other
time reasonably requested by Agent, Administrative Borrower or the assigning Lender, as applicable. 
 Each Lender agrees promptly to notify Agent,
Administrative Borrower or the assigning Lender, as applicable, of any change in circumstances which would modify or render invalid any claimed exemption or reduction and to timely provide such forms and other certifications claiming such exemptions
and/or reductions to which it is legally entitled. 
 (c) If a Lender claims an exemption from withholding tax in a
jurisdiction other than the United States, such Lender shall deliver to Agent (or, in the case of a Lender party to an Assignment and Acceptance not recorded in the Register, the assigning Lender) any such form or forms, as may be required under the
laws of such jurisdiction as a condition to exemption from, or reduction of, foreign withholding or backup withholding tax before receiving its first payment under this Agreement and at any other time reasonably requested by Agent, Administrative
Borrower or the assigning Lender, as applicable. 
 Each Lender agrees promptly to notify Agent, Administrative Borrower or the assigning Lender, as
applicable, of any change in circumstances which would modify or render invalid any claimed exemption or reduction and to timely provide such forms and other certifications claiming such exemptions and/or reductions to which it is legally entitled.

 (d) If any Lender claims exemption from, or reduction of, withholding tax and such Lender sells, assigns, grants a
participation in, or otherwise transfers all or part of the Obligations of Borrowers to such Lender (other than to an Affiliate or a Related Fund), such Lender agrees to notify Agent and 

  

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Administrative Borrower of the percentage amount in which it is no longer the beneficial owner of Obligations of Borrowers to such Lender. To the extent of
such percentage amount, Agent and Borrowers will treat such Lender’s documentation provided pursuant to Sections 15.11(b) or 15.11(c) as no longer valid. With respect to such percentage amount, Lender may provide new
documentation, pursuant to Sections 15.11(b) or 15.11(c), if applicable. 
 (e) If any Lender is entitled to a
reduction in the applicable withholding tax, Agent may withhold from any interest payment to such Lender an amount equivalent to the applicable withholding tax after taking into account such reduction. If the forms or other documentation required by
subsection (b) or (c) of this Section 15.11 are not delivered in accordance with such subsections, then Agent or the assigning Lender, as applicable, may withhold from any interest payment to such Lender not providing such
forms or other documentation an amount equivalent to the applicable withholding tax. 
 (f) If the IRS or any other
Governmental Authority of the United States or other jurisdiction asserts a claim that Agent did not properly withhold tax from amounts paid to or for the account of any Lender due to a failure on the part of any Lender (because the appropriate form
was not delivered, was not properly executed, or because such Lender failed to notify the proper Person of a change in circumstances which rendered the exemption from, or reduction of, withholding tax ineffective, or for any other reason) such
Lender shall indemnify and hold Agent harmless for all amounts paid, directly or indirectly, by Agent, as tax or otherwise, including penalties and interest, and including any taxes imposed by any jurisdiction on the amounts payable to Agent under
this Section 15.11, together with all costs and expenses (including attorneys fees and expenses). The obligation of the Lenders under this subsection shall survive the payment of all Obligations and the resignation or replacement of
Agent. 
 (g) If any Lender requests indemnification or additional amounts under Section 15.11, then such Lender
shall use reasonable efforts to designate a different one of its lending offices or assign its rights and obligations hereunder to another of its offices or branches, if (i) in the reasonable judgment of such Lender, such designation or
assignment would eliminate or reduce amounts payable pursuant to Section 15.11 in the future, and (ii) in the reasonable judgment of such Lender, such designation or assignment would not subject it to any material unreimbursed cost
or expense and would not otherwise be materially disadvantageous to it. Borrowers agree to pay all reasonable out-of-pocket costs and expenses incurred by such Lender in connection with any such designation or assignment. 
 15.12 Collateral Matters. 
 (a) The Lenders hereby irrevocably authorize Agent, at its option and in its sole discretion, to release any Lien on any Collateral (i) upon the termination of the Commitments and payment and satisfaction in full
by Borrowers of all Obligations, (ii) constituting property being sold or disposed of if a release is required or desirable in connection therewith and if Administrative Borrower certifies to Agent that the sale or disposition is permitted
under Section 6.4 of this Agreement or the other Loan Documents (and Agent may rely conclusively on any such certificate, without further inquiry), (iii) constituting property in which none of Parent, any Borrower or any of their
respective Subsidiaries owned any interest at the time the Agent’s Lien was granted nor at any time thereafter, or (iv) constituting property leased to Parent, a Borrower or any of their respective Subsidiaries under a lease that has
expired or is terminated in a transaction permitted under this Agreement. Except as provided above, Agent will not execute and deliver a release of any Lien on any Collateral without the prior written authorization of (y) if the release is of
all or substantially all of the Collateral, all of the Lenders, or (z) otherwise, the Required Lenders. Upon request by Agent or Administrative Borrower at any time, the Lenders will confirm in writing Agent’s authority to release any such
Liens on particular types or items of Collateral pursuant to this Section 15.12; provided, however, that (1) Agent shall not be required to execute any document necessary to evidence such release on terms that, in
Agent’s opinion, would expose Agent to liability or create any obligation or entail any consequence other than the release of such Lien without recourse, representation, or warranty, and (2) such release shall not in any manner discharge,
affect, or impair the Obligations or any Liens (other than those expressly being released) upon (or obligations of Borrowers in respect of) all interests retained by Parent, Borrowers or any of their respective Subsidiaries, including, the proceeds
of any sale, all of which shall continue to constitute part of the Collateral. 
  

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 (b) Agent shall have no obligation whatsoever to any of the Lenders to assure that the
Collateral exists or is owned by Parent, Borrowers or any of their respective Subsidiaries or is cared for, protected, or insured or has been encumbered, or that the Agent’s Liens have been properly or sufficiently or lawfully created,
perfected, protected, or enforced or are entitled to any particular priority, or to exercise at all or in any particular manner or under any duty of care, disclosure or fidelity, or to continue exercising, any of the rights, authorities and powers
granted or available to Agent pursuant to any of the Loan Documents, it being understood and agreed that in respect of the Collateral, or any act, omission, or event related thereto, subject to the terms and conditions contained herein, Agent may
act in any manner it may deem appropriate, in its sole discretion given Agent’s own interest in the Collateral in its capacity as one of the Lenders and that Agent shall have no other duty or liability whatsoever to any Lender as to any of the
foregoing, except as otherwise provided herein. 
 15.13 Restrictions on Actions by Lenders; Sharing of Payments. 

(a) Each of the Lenders agrees that it shall not, without the express written consent of Agent, and that it shall, to the extent it is
lawfully entitled to do so, upon the written request of Agent, set off against the Obligations (to the extent then due and payable), any amounts owing by such Lender to Parent, Borrowers or any of their respective Subsidiaries or any deposit
accounts of Parent, Borrowers or any of their respective Subsidiaries now or hereafter maintained with such Lender. Each of the Lenders further agrees that it shall not, unless specifically requested to do so in writing by Agent, take or cause to be
taken any action, including, the commencement of any legal or equitable proceedings, to foreclose any Lien on, or otherwise enforce any security interest in, any of the Collateral. 
 (b) If, at any time or times any Lender shall receive (i) by payment, foreclosure, setoff, or otherwise, any proceeds of Collateral
or any payments with respect to the Obligations, except for any such proceeds or payments received by such Lender from Agent pursuant to the terms of this Agreement, or (ii) payments from Agent in excess of such Lender’s ratable portion of
all such distributions by Agent, such Lender promptly shall (A) turn the same over to Agent, in kind, and with such endorsements as may be required to negotiate the same to Agent, or in immediately available funds, as applicable, for the
account of all of the Lenders and for application to the Obligations in accordance with the applicable provisions of this Agreement, or (B) purchase, without recourse or warranty, an undivided interest and participation in the Obligations owed
to the other Lenders so that such excess payment received shall be applied ratably as among the Lenders in accordance with their Pro Rata Shares; provided, however, that to the extent that such excess payment received by the purchasing
party is thereafter recovered from it, those purchases of participations shall be rescinded in whole or in part, as applicable, and the applicable portion of the purchase price paid therefor shall be returned to such purchasing party, but without
interest except to the extent that such purchasing party is required to pay interest in connection with the recovery of the excess payment. 
 15.14 Agency for Perfection. Agent hereby appoints each other Lender as its agent (and each Lender hereby accepts such appointment) for the purpose of perfecting the Agent’s Liens in assets which, in accordance with
Article 8 or Article 9, as applicable, of the Code can be perfected only by possession or control. Should any Lender obtain possession or control of any such Collateral, such Lender shall notify Agent thereof, and, promptly upon Agent’s request
therefor shall deliver possession or control of such Collateral to Agent or in accordance with Agent’s instructions. 
 15.15
Payments by Agent to the Lenders. All payments to be made by Agent to the Lenders shall be made by bank wire transfer of immediately available funds pursuant to such wire transfer instructions as each party may designate for itself by
written notice to Agent. Concurrently with each such payment, Agent shall identify whether such payment (or any portion thereof) represents principal, premium, fees, or interest of the Obligations. 
  

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 15.16 Concerning the Collateral and Related Loan Documents. Each member of the Lender Group
authorizes and directs Agent to enter into this Agreement, the other Loan Documents, the Investor Intercreditor Agreement, and the WFF and D.B. Zwirn Intercreditor Agreement. Each member of the Lender Group agrees that any action taken by Agent in
accordance with the terms of this Agreement, the other Loan Documents, the Investor Intercreditor Agreement, and the WFF and D.B. Zwirn Intercreditor Agreement relating to the Collateral or otherwise and the exercise by Agent of its powers set forth
therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders. 
 15.17
Field Audits and Examination Reports; Confidentiality; Disclaimers by Lenders; Other Reports and Information. By becoming a party to this Agreement, each Lender: 
 (a) is deemed to have requested that Agent furnish such Lender, promptly after it becomes available, a copy of each field audit or
examination report (each a “Report” and collectively, “Reports”) prepared by or at the request of Agent, and Agent shall so furnish each Lender with such Reports, 
 (b) expressly agrees and acknowledges that Agent does not (i) make any representation or warranty as to the accuracy of any Report,
and (ii) shall not be liable for any information contained in any Report, 
 (c) expressly agrees and acknowledges that
the Reports are not comprehensive audits or examinations, that Agent or other party performing any audit or examination will inspect only specific information regarding Parent, Borrowers and their respective Subsidiaries and will rely significantly
upon the books and records of Parent, Borrowers and their respective Subsidiaries, as well as on representations of Parent’s, Borrowers’ and their respective Subsidiaries’ personnel, 
 (d) agrees to keep all Reports and other material, non-public information regarding Parent, Borrowers and their respective Subsidiaries
and their operations, assets, and existing and contemplated business plans in a confidential manner in accordance with Section 16.7, and 
 (e) without limiting the generality of any other indemnification provision contained in this Agreement, agrees: (i) to hold Agent and any such other Lender preparing a Report harmless from any action the
indemnifying Lender may take or fail to take or any conclusion the indemnifying Lender may reach or draw from any Report in connection with any loans or other credit accommodations that the indemnifying Lender has made or may make to Borrowers, or
the indemnifying Lender’s participation in, or the indemnifying Lender’s purchase of, a loan or loans of Borrowers; and (ii) to pay and protect, and indemnify, defend and hold Agent, and any such other Lender preparing a Report
harmless from and against, the claims, actions, proceedings, damages, costs, expenses, and other amounts (including, attorneys fees and costs) incurred by Agent and any such other Lender preparing a Report as the direct or indirect result of any
third parties who might obtain all or part of any Report through the indemnifying Lender. 
 In addition to the foregoing: (x) any Lender may from time
to time request of Agent in writing that Agent provide to such Lender a copy of any report or document provided by Parent, Borrowers and their respective Subsidiaries to Agent that has not been contemporaneously provided by Parent, Borrowers and
their respective Subsidiaries to such Lender, and, upon receipt of such request, Agent promptly shall provide a copy of same to such Lender, (y) to the extent that Agent is entitled, under any provision of the Loan Documents, to request
additional reports or information from Parent, Borrowers and their respective Subsidiaries, any Lender may, from time to time, reasonably request Agent to exercise such right as specified in such Lender’s notice to Agent, whereupon Agent
promptly shall request of the applicable Person the additional reports or information reasonably specified by such Lender, and, upon receipt thereof from the applicable Person, Agent promptly shall provide a copy of same to such Lender, and
(z) any time that Agent renders to Administrative Borrower a statement regarding the Loan Account, Agent shall send a copy of such statement to each Lender. 
  

 58 

 15.18 Several Obligations; No Liability. Notwithstanding that certain of the Loan Documents
now or hereafter may have been or will be executed only by or in favor of Agent in its capacity as such, and not by or in favor of the Lenders, any and all obligations on the part of Agent (if any) to make any credit available hereunder shall
constitute the several (and not joint) obligations of the respective Lenders on a ratable basis, according to their respective Commitments, to make an amount of such credit not to exceed, in principal amount, at any one time outstanding, the amount
of their respective Commitments. Nothing contained herein shall confer upon any Lender any interest in, or subject any Lender to any liability for, or in respect of, the business, assets, profits, losses, or liabilities of any other Lender. Each
Lender shall be solely responsible for notifying its Participants of any matters relating to the Loan Documents to the extent any such notice may be required, and no Lender shall have any obligation, duty, or liability to any Participant of any
other Lender. Except as provided in Section 15.7, no member of the Lender Group shall have any liability for the acts of any other member of the Lender Group. No Lender shall be responsible to Parent, any Borrower or any other Person for
any failure by any other Lender to fulfill its obligations to make credit available hereunder, nor to advance for it or on its behalf in connection with its Commitment, nor to take any other action on its behalf hereunder or in connection with the
financing contemplated herein. 
 15.19 Bank Product Providers. Each Bank Product Provider shall be deemed a party hereto for
purposes of any reference in a Loan Document to the parties for whom Agent is acting; it being understood and agreed that the rights and benefits of such Bank Product Provider under the Loan Documents consist exclusively of such Bank Product
Provider’s right to share in payments and collections out of the Collateral as more fully set forth herein. In connection with any such distribution of payments and collections, Agent shall be entitled to assume no amounts are due to any Bank
Product Provider unless such Bank Product Provider has notified Agent in writing of the amount of any such liability owed to it prior to such distribution. 
  

	16.	GENERAL PROVISIONS. 

 16.1 Effectiveness.
This Agreement shall be binding and deemed effective when executed by Parent, each Borrower, Agent, and each Lender whose signature is provided for on the signature pages hereof. 
 16.2 Section Headings. Headings and numbers have been set forth herein for convenience only. Unless the contrary is compelled by the
context, everything contained in each Section applies equally to this entire Agreement. 
 16.3 Interpretation. Neither this
Agreement nor any uncertainty or ambiguity herein shall be construed against the Lender Group, Parent or Borrowers, whether under any rule of construction or otherwise. On the contrary, this Agreement has been reviewed by all parties and shall be
construed and interpreted according to the ordinary meaning of the words used so as to accomplish fairly the purposes and intentions of all parties hereto. 
 16.4 Severability of Provisions. Each provision of this Agreement shall be severable from every other provision of this Agreement for the purpose of determining the legal enforceability of any specific
provision. 
 16.5 Counterparts; Electronic Execution. This Agreement may be executed in any number of counterparts and by
different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Agreement. Delivery of an executed counterpart of
this Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Agreement. Any party delivering an executed counterpart of this Agreement by
telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding
effect of this Agreement. The foregoing shall apply to each other Loan Document mutatis mutandis. 
  

 59 

 16.6 Revival and Reinstatement of Obligations. If the incurrence or payment of the
Obligations by any Borrower or any Guarantor or the transfer to the Lender Group of any property should for any reason subsequently be declared to be void or voidable under any state or federal law relating to creditors’ rights, including
provisions of the Bankruptcy Code relating to fraudulent conveyances, preferences, or other voidable or recoverable payments of money or transfers of property (collectively, a “Voidable Transfer”), and if the Lender Group is
required to repay or restore, in whole or in part, any such Voidable Transfer, or elects to do so upon the reasonable advice of its counsel, then, as to any such Voidable Transfer, or the amount thereof that the Lender Group is required or elects to
repay or restore, and as to all reasonable costs, expenses, and attorneys fees of the Lender Group related thereto, the liability of Borrowers or such Guarantor automatically shall be revived, reinstated, and restored and shall exist as though such
Voidable Transfer had never been made. 
 16.7 Confidentiality. Agent and Lenders each individually (and not jointly or jointly
and severally) agree that material, non-public information regarding Parent, Borrowers and their respective Subsidiaries, their operations, assets, and existing and contemplated business plans shall be treated by Agent and the Lenders in a
confidential manner, and shall not be disclosed by Agent and the Lenders to Persons who are not parties to this Agreement, except: (a) to attorneys for and other advisors, accountants, auditors, and consultants to any member of the Lender
Group, (b) to Subsidiaries, Affiliates and Related Funds of any member of the Lender Group (including the Bank Product Providers), provided that any such Subsidiary, Affiliate or Related Fund shall have agreed to receive such information
hereunder subject to the terms of this Section 16.7, (c) as may be required by statute, decision, or judicial or administrative order, rule, or regulation, (d) as may be agreed to in advance by Parent or Administrative Borrower
or as requested or required by any Governmental Authority pursuant to any subpoena or other legal process, (e) as to any such information that is or becomes generally available to the public (other than as a result of prohibited disclosure by
Agent or the Lenders), (f) in connection with any assignment, prospective assignment, sale, prospective sale, participation or prospective participation, or pledge or prospective pledge of any Lender’s interest under this Agreement,
provided that any such assignee, prospective assignee, purchaser, prospective purchaser, participant, prospective participant, pledgee, or prospective pledgee shall have agreed in writing to receive such information hereunder subject to the terms of
this Section, and (g) in connection with any litigation or other adversary proceeding involving parties hereto which such litigation or adversary proceeding involves claims related to the rights or duties of such parties under this Agreement or
the other Loan Documents. The provisions of this Section 16.7 shall survive for 2 years after the payment in full of the Obligations. 
 16.8 Integration. This Agreement, together with the other Loan Documents, reflects the entire understanding of the parties with respect to the transactions contemplated hereby and shall not be contradicted or qualified by any
other agreement, oral or written, before the date hereof. 
 16.9 Monotype as Agent for Loan Parties. Parent and each Borrower
hereby irrevocably appoints Monotype as the borrowing agent and attorney-in-fact for all Loan Parties (the “Administrative Borrower”) which appointment shall remain in full force and effect unless and until Agent shall have received
prior written notice signed by Parent and each Borrower that such appointment has been revoked and that another Loan Party has been appointed Administrative Borrower. Parent and each Borrower hereby irrevocably appoints and authorizes the
Administrative Borrower (a) to provide Agent with all notices with respect to Advances obtained for the benefit of any Borrower and all other notices and instructions under this Agreement and (b) to take such action as the Administrative
Borrower deems appropriate on its behalf to obtain Advances and to exercise such other powers as are reasonably necessary to carry out the purposes of this Agreement. It is understood that the handling of the Loan Account and Collateral in a
combined fashion, as more fully set forth herein, is done solely as an accommodation to Parent and Borrowers in order to utilize the collective borrowing powers of Borrowers in the most efficient and economical manner and at their request, and that
Lender Group shall not incur liability to Parent or any Borrower as a result hereof. Parent and 

  

 60 

 
each Borrower expects to derive benefit, directly or indirectly, from the handling of the Loan Account and the Collateral in a combined fashion since the
successful operation of Parent and Borrowers is dependent on the continued successful performance of the integrated group. To induce the Lender Group to do so, and in consideration thereof, each Borrower hereby jointly and severally agrees to
indemnify each member of the Lender Group and hold each member of the Lender Group harmless against any and all liability, expense, loss or claim of damage or injury, made against the Lender Group by Parent or any Borrower or by any third party
whosoever, arising from or incurred by reason of (a) the handling of the Loan Account and Collateral as herein provided, (b) the Lender Group’s relying on any instructions of the Administrative Borrower, or (c) any other action
taken by the Lender Group hereunder or under the other Loan Documents, except that Borrowers will have no liability to the relevant Agent-Related Person or Lender-Related Person under this Section 16.9 with respect to any liability that
has been finally determined by a court of competent jurisdiction to have resulted solely from the gross negligence or willful misconduct of such Agent-Related Person or Lender-Related Person, as the case may be. 
 16.10 Public Disclosure. Parent and each Borrower agree that neither they nor any of their respective Affiliates will issue any press
release or other public disclosure using the name of Agent, any Lender or any of their respective Affiliates or Related Funds or referring to this Agreement or any other Loan Document without the prior written consent of Agent or such Lender, except
to the extent that Parent, such Borrower or such Affiliate is required to do so under applicable law (in which event, Parent, such Borrower or such Affiliate will consult with Agent or such Lender before issuing such press release or other public
disclosure). Parent and each Borrower hereby authorize Agent and each Lender, after consultation with Administrative Borrower, to advertise the closing of the transactions contemplated by this Agreement, and to make appropriate announcements of the
financial arrangements entered into among the parties hereto, as Agent or such Lender shall deem appropriate, including announcements commonly known as tombstones, in such trade publications, business journals, newspapers of general circulation and
to such selected parties as Agent or such Lender shall deem appropriate. 
 [Signature pages to follow] 
  

 61 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and delivered as
of the date first above written. 
  

			
	MONOTYPE IMAGING HOLDINGS CORP.,
a Delaware corporation
		
	By:	 	/s/ A. Bruce Johnston
	Name:	 	A. Bruce Johnston
	Title:	 	Vice President
	
	IMAGING ACQUISITION CORPORATION,
a Delaware corporation
		
	By:	 	/s/ A. Bruce Johnston
	Name:	 	A. Bruce Johnston
	Title:	 	Vice President
	
	AGFA MONOTYPE CORPORATION,
a Delaware corporation
		
	By:	 	/s/ A. Bruce Johnston
	Name:	 	A. Bruce Johnston
	Title:	 	Vice President
	
	INTERNATIONAL TYPEFACE CORPORATION,
a New York corporation
		
	By:	 	/s/ A. Bruce Johnston
	Name:	 	A. Bruce Johnston
	Title:	 	Vice President
	
	WELLS FARGO FOOTHILL, INC.,
a California corporation, as Agent and as a Lender
		
	By:	 	/s/ Garrick Tan
	Name:	 	Garrick Tan
	Title:	 	Vice President

 [SIGNATURE PAGE OF WFF CREDIT AGREEMENT] 

			
	BERNARD NATIONAL LOAN INVESTORS, LTD, a Cayman Islands company, as a Lender
		
	By:	 	Bernard Capital Funding, LLC., its Investment Advisor

			
		
	By:	 	/s/ Daniel B. Zwirn
	Name:	 	Daniel B. Zwirn
	Title:	 	Director
	
	D.B. ZWIRN SPECIAL OPPORTUNITIES FUND, L.P., a Delaware limited partnership, as a Lender

					
		
	By:	 	D. B. Zwirn Partners, LLC, its general partner
			
		 	By:	 	Zwirn Holdings, LLC, its managing member

					
		
	By:	 	/s/ Daniel B. Zwirn
	Name:	 	Daniel B. Zwirn
	Title:	 	Managing Partner

 [SIGNATURE PAGE OF WFF CREDIT AGREEMENT] 
  

 2 

 FINAL VERSION 
 Schedule 1.1 
 As used in the Agreement, the following terms shall have the following
definitions: 
 “Account” means an account (as that term is defined in the Code). 
 “Account Debtor” means any Person who is obligated on an Account, chattel paper, or a general intangible. 
 “ACH Transactions” means any cash management or related services (including the Automated Clearing House processing of electronic fund
transfers through the direct Federal Reserve Fedline system) provided by a Bank Product Provider for the account of Parent, Borrowers or any of their respective Subsidiaries. 
 “Acquisition Documents” means the Stock Purchase Agreement, the Merger Agreement, the Japan Type License Amendment, and the other
documents, instruments and agreements executed and delivered in connection with the Acquisition Transaction, or otherwise relating thereto. 
 “Acquisition Effectiveness Time” has the meaning specified therefor in the recitals of the Agreement. 
 “Acquisition Transaction” has the meaning specified therefor in the recitals of the Agreement. 
 “Administrative Borrower” has the meaning specified therefor in Section 16.9. 
 “Advances” has the meaning specified therefor in Section 2.1(a). 
 “Affiliate” means,
as applied to any Person, any other Person who controls, is controlled by, or is under common control with, such Person. For purposes of this definition, “control” means the possession, directly or indirectly through one or more
intermediaries, of the power to direct the management and policies of a Person, whether through the ownership of Stock, by contract, or otherwise; provided, however, that, for purposes of Section 6.13: (a) any Person which
owns directly or indirectly 10% or more of the Stock having ordinary voting power for the election of directors or other members of the governing body of a Person or 10% or more of the partnership or other ownership interests of a Person (other than
as a limited partner of such Person) shall be deemed an Affiliate of such Person, (b) each director (or comparable manager) of a Person shall be deemed to be an Affiliate of such Person, and (c) each partnership or joint venture in which a
Person is a partner or joint venturer shall be deemed an Affiliate of such Person. 
 “Agent” has the meaning specified
therefor in the preamble to the Agreement. 
 “Agent-Related Persons” means Agent, together with its Affiliates, officers,
directors, employees, attorneys, and agents. 
 “Agent’s Account” means the Deposit Account of Agent identified on
Schedule A-1. 
 “Agent’s Liens” means the Liens granted by Parent, Borrowers and their respective Subsidiaries
to Agent under the Loan Documents. 

 “Agreement” means the Credit Agreement to which this Schedule 1.1 is attached.

 “Applicable Prepayment Premium” has the meaning specified therefor in the Fee Letter. 
 “Assignee” has the meaning specified therefor in Section 13.1(a). 
 “Assignment and Acceptance” means an Assignment and Acceptance Agreement substantially in the form of Exhibit A-1. 
 “Authorized Person” means any officer or employee of Administrative Borrower. 
 “Availability” means, as of any date of determination, the amount that Borrowers are entitled to borrow as Advances hereunder (after
giving effect to all then outstanding Obligations (other than Bank Product Obligations) and all sublimits and reserves then applicable hereunder). 
 “Bank Product” means any financial accommodation extended to Parent, any Borrower or any of their respective Subsidiaries by a Bank Product Provider (other than pursuant to the Agreement) including: (a) credit cards,
(b) credit card processing services, (c) debit cards, (d) purchase cards, (e) ACH Transactions, (f) cash management, including controlled disbursement, accounts or services, or (g) transactions under Hedge Agreements.

 “Bank Product Agreements” means those agreements entered into from time to time by Parent, any Borrower or any of their
respective Subsidiaries with a Bank Product Provider in connection with the obtaining of any of the Bank Products. 
 “Bank Product
Obligations” means all obligations, liabilities, contingent reimbursement obligations, fees, and expenses owing by Parent, any Borrower or any of their respective Subsidiaries to any Bank Product Provider pursuant to or evidenced by the
Bank Product Agreements and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, and including all such amounts that Parent, any Borrower or
any of their respective Subsidiaries are obligated to reimburse to Agent or any member of the Lender Group as a result of Agent or such member of the Lender Group purchasing participations from, or executing indemnities or reimbursement obligations
to, a Bank Product Provider with respect to the Bank Products provided by such Bank Product Provider to Parent, any Borrower or any of their respective Subsidiaries. 
 “Bank Product Provider” means Wells Fargo or any of its Affiliates. 
 “Bank Product
Reserve” means, as of any date of determination, the lesser of (a) $2,000,000, and (b) the amount of reserves that Agent has established (based upon the Bank Product Providers’ reasonable determination of the credit exposure
of Parent, Borrowers and their respective Subsidiaries and its Subsidiaries in respect of Bank Products) in respect of Bank Products then provided or outstanding; provided that in order to qualify as Bank Product Reserves, such reserves must
be established on or prior to the date that the Bank Product Provider provides the applicable Bank Products. 
 “Bankruptcy
Code” means Title 11 of the United States Code as in effect from time to time or any similar legislation in a relevant jurisdiction. 
 “Base LIBOR Rate” means the rate per annum, determined by Agent in accordance with its customary procedures, and utilizing such electronic or other quotation sources as it considers appropriate (rounded upwards, if
necessary, to the next 1/100%), to be the rate at which Dollar 

  

 2 

 
deposits (for delivery on the first day of the requested Interest Period) are offered to major banks in the London interbank market 2 Business Days prior to
the commencement of the requested Interest Period, for a term and in an amount comparable to the Interest Period and the amount of the LIBOR Rate Loan requested (whether as an initial LIBOR Rate Loan or as a continuation of a LIBOR Rate Loan or as a
conversion of a Base Rate Loan to a LIBOR Rate Loan) by Administrative Borrower in accordance with the Agreement, which determination shall be conclusive in the absence of manifest error. 
 “Base Rate” means, the rate of interest announced, from time to time, within Wells Fargo at its principal office in San Francisco as its
“prime rate”, with the understanding that the “prime rate” is one of Wells Fargo’s base rates (not necessarily the lowest of such rates) and serves as the basis upon which effective rates of interest are calculated for those
loans making reference thereto and is evidenced by the recording thereof after its announcement in such internal publications as Wells Fargo may designate. 
 “Base Rate Loan” means the portion of the Advances or the Term Loan that bears interest at a rate determined by reference to the Base Rate. 
 “Base Rate Margin” means, as of any date of determination: 
 (a) For the period from and including the Closing Date to but excluding the effective date of any determination of the Base Rate Margin pursuant to
clause (b) below, 2.00 percentage points per annum (the “Initial Base Rate Margin”). 
 (b) Thereafter, the relevant
Base Rate Margin set forth in the table below that corresponds to the applicable Senior Leverage Ratio of Parent and its Subsidiaries set forth opposite thereto (as determined in accordance with clause (c) below). 
  

			
	 Senior Leverage Ratio
	  	Base Rate Margin:
	 Greater than 2.00:1.00
	  	2.00 percentage points
	 Less than or equal to 2.00:1.00 but greater than 1.50:1.00
	  	1.50 percentage points
	 Less than or equal to 1.50:1.00
	  	1.00 percentage points

 (c) The Base Rate Margin shall be determined from time to time pursuant to clause (b) above
on the first day of the month following the date on which Parent and Borrowers deliver to Agent a quarterly Compliance Certificate in accordance with Section 5.3, commencing with the delivery by Parent and Borrowers of the quarterly
Compliance Certificate for the fiscal quarter of Parent ended March 31, 2005. In the event that a quarterly Compliance Certificate is not provided to Agent in accordance with Section 5.3, the Base Rate Margin shall be set at the
Initial Base Rate Margin as of the first day of the month following the date on which such quarterly Compliance Certificate was required to be delivered until the date on which such quarterly Compliance Certificate is delivered (on which date (but
not retroactively), without constituting a waiver of any Default or Event of Default arising as a result of Parent’s and Borrowers’ failure to timely deliver such quarterly Compliance Certificate, the Base Rate Margin shall be set at the
relevant Base Rate Margin set forth in the table above based upon the calculation of the Senior Leverage Ratio of Parent and its Subsidiaries set forth in such quarterly Compliance Certificate). 
  

 3 

 “Board of Directors” means the board of directors (or comparable managers) of Parent,
any Borrower or any of their respective Subsidiaries or any committee thereof duly authorized to act on behalf of the board of directors (or comparable managers). 
 “Borrowers” means (a) until the Acquisition Effectiveness Time, Newco and (b) from and after the Acquisition Effectiveness Time, individually and collectively, jointly and severally,
Monotype and Typeface, and “Borrower” means any one of them. 
 “Borrowing” means a borrowing hereunder
consisting of Advances made on the same day by the Lenders (or Agent on behalf thereof), or by Swing Lender in the case of a Swing Loan, or by Agent in the case of a Protective Advance, in each case, to Administrative Borrower. 
 “Business Day” means any day that is not a Saturday, Sunday, or other day on which banks are authorized or required to close in the
state of New York, except that, if a determination of a Business Day shall relate to a LIBOR Rate Loan, the term “Business Day” also shall exclude any day on which banks are closed for dealings in Dollar deposits in the London interbank
market. 
 “Capital Expenditures” means, with respect to any Person for any period, the aggregate of all expenditures by
such Person and its Subsidiaries during such period that are capital expenditures as determined in accordance with GAAP, whether such expenditures are paid in cash or financed. 
 “Capital Lease” means a lease that is required to be capitalized for financial reporting purposes in accordance with GAAP. 

“Capitalized Lease Obligation” means that portion of the obligations under a Capital Lease that is required to be capitalized in
accordance with GAAP. 
 “Cash Equivalents” means (a) marketable direct obligations issued by, or unconditionally
guaranteed by, the United States or issued by any agency thereof and backed by the full faith and credit of the United States, in each case maturing within 1 year from the date of acquisition thereof, (b) marketable direct obligations issued by
any state of the United States or any political subdivision of any such state or any public instrumentality thereof maturing within 1 year from the date of acquisition thereof and, at the time of acquisition, having one of the two highest ratings
obtainable from either Standard & Poor’s Rating Group (“S&P”) or Moody’s Investors Service, Inc. (“Moody’s”), (c) commercial paper maturing no more than 270 days from the date of
creation thereof and, at the time of acquisition, having a rating of at least A-1 from S&P or at least P-1 from Moody’s, (d) certificates of deposit or bankers’ acceptances maturing within 1 year from the date of acquisition
thereof issued by any bank organized under the laws of the United States or any state thereof having at the date of acquisition thereof combined capital and surplus of not less than $250,000,000, (e) Deposit Accounts maintained with
(i) any bank that satisfies the criteria described in clause (d) above, or (ii) any other bank organized under the laws of the United States or any state thereof so long as the amount maintained with any such other bank is less than
or equal to $100,000 and is insured by the Federal Deposit Insurance Corporation, and (f) Investments in money market funds substantially all of whose assets are invested in the types of assets described in clauses (a) through
(e) above. 
 “Cash Management Account” has the meaning specified therefor in Section 2.7(a). 

“Cash Management Agreements” means those certain cash management agreements, in form and substance satisfactory to Agent, each of
which is among (a) Parent, a Borrower or one of their respective Subsidiaries, (b) Agent, (c) D.B. Zwirn, and (d) one of the Cash Management Banks. 
  

 4 

 “Cash Management Bank” has the meaning specified therefor in Section 2.7(a).

 “Change of Control” means that (a) Permitted Holders fail to own and control, directly or indirectly, 51% or more of
the Stock of Parent having the right to vote for the election of members of the Board of Directors thereof, (b) any “person” or “group” (within the meaning of Sections 13(d) and 14(d) of the Exchange Act), other than
Permitted Holders, becomes the beneficial owner (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of 10% or more of the Stock of Parent having the right to vote for the election of members of the Board of Directors thereof,
(c) a majority of the members of the Board of Directors of Parent or any Borrower do not constitute Continuing Directors, (d) Parent fails to own or control, directly or indirectly, 100% of the Stock of each Borrower (after giving effect
to the Acquisition Transaction) having the right to vote for the election of members of the Board of Directors thereof, (e) any Borrower fails to own or control, directly or indirectly, 100% of the Stock of each of its Subsidiaries (after
giving effect to the Acquisition Transaction) having the right to vote for the election of members of the Board of Directors thereof, or (f) a “Change of Control” (or other comparable term) shall occur under any Subordinated Note
Document or any document evidencing any other Subordinated Indebtedness of Parent or any of its Subsidiaries. 
 “Closing
Date” means the date of the making of the initial Advance (or other extension of credit) hereunder or the date on which Agent sends Administrative Borrower a written notice that each of the conditions precedent set forth in
Section 3.1 either have been satisfied or have been waived. 
 “Code” means the New York Uniform Commercial
Code, as in effect from time to time. 
 “Collateral” means all assets and interests in assets and proceeds thereof now
owned or hereafter acquired by Parent, Borrowers or any of their respective Subsidiaries in or upon which a Lien is granted under any of the Loan Documents. 
 “Collateral Access Agreement” means a landlord waiver, bailee letter, or acknowledgement agreement of any lessor, warehouseman, processor, consignee, or other Person in possession of, having a Lien
upon, or having rights or interests in Parent’s, Borrowers’ or any of their respective Subsidiaries’ books and records, Equipment or Inventory, in each case, in form and substance satisfactory to Agent. 
 “Collections” means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, proceeds of
cash sales, rental proceeds, and tax refunds). 
 “Commitment” means, with respect to each Lender, its Revolver Commitment,
its Term Loan Commitment, or its Total Commitment, as the context requires, and, with respect to all Lenders, their Revolver Commitments, their Term Loan Commitments, or their Total Commitments, as the context requires, in each case as such Dollar
amounts are set forth beside such Lender’s name under the applicable heading on Schedule C-1 or in the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder, as such amounts may be reduced or increased from
time to time pursuant to assignments made in accordance with the provisions of Section 13.1. 
 “Compliance
Certificate” means a certificate substantially in the form of Exhibit C-1 delivered by the chief financial officer of Parent to Agent. 
 “Continuing Director” means (a) any member of the Board of Directors who was a director (or comparable manager) of Parent on the Closing Date, and (b) any individual who becomes a member of
the Board of Directors after the Closing Date if such individual was appointed or 

  

 5 

 
nominated for election to the Board of Directors by a majority of the Continuing Directors, but excluding any such individual originally proposed for
election in opposition to the Board of Directors in office at the Closing Date in an actual or threatened election contest relating to the election of the directors (or comparable managers) of Parent and whose initial assumption of office resulted
from such contest or the settlement thereof. 
 “Control Agreement” means a control agreement, in form and substance
satisfactory to Agent, executed and delivered by (a) Parent, Borrowers or one of their respective Subsidiaries, (b) Agent, (c) D.B. Zwirn, and (d) the applicable securities intermediary (with respect to a Securities Account) or
bank (with respect to a Deposit Account). 
 “Controlled Foreign Corporation” means “controlled foreign
corporation” as defined in the IRC. 
 “Controlled Group ERISA Affiliates” has the meaning specified therefor in
Section 7.23. 
 “Copyright Security Agreement” has the meaning specified therefor in the Security Agreement.

 “Daily Balance” means, as of any date of determination and with respect to any Obligation, the amount of such Obligation
owed at the end of such day. 
 “D.B. Zwirn” means D.B. Zwirn Special Opportunities Fund, L.P., a Delaware limited
partnership. 
 “D.B. Zwirn Cash Management Agreements” means those certain cash management agreements, in form and
substance satisfactory to D.B. Zwirn, each of which is among Parent, Borrowers or one of their respective Subsidiaries, Agent, D.B. Zwirn, and one of the Cash Management Banks, as such is amended, modified, supplemented or restated from time to time
in accordance with the terms thereof and hereof. 
 “D.B. Zwirn Control Agreements” means a Control Agreement as such term
is defined in the D.B. Zwirn Credit Agreement, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof. 
 “D.B. Zwirn Copyright Security Agreement” means the Copyright Security Agreement as such term is defined in the D.B. Zwirn Security Agreement, as such is amended, modified, supplemented or restated
from time to time in accordance with the terms thereof and hereof. 
 “D.B. Zwirn Credit Agreement” means that certain
Credit Agreement dated as of even date herewith by and among Parent, Borrowers, D.B. Zwirn, for itself and as agent for the lenders party thereto, and the lenders from time to time party thereto, as such is amended, modified, supplemented or
restated from time to time in accordance with the terms thereof and hereof. 
 “D.B. Zwirn Fee Letter” means the Fee Letter
as such term is defined in the D.B. Zwirn Credit Agreement, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof. 
 “D.B. Zwirn Guaranty” means the Guaranty as such term is defined in the D.B. Zwirn Credit Agreement, as such is amended, modified,
supplemented or restated from time to time in accordance with the terms thereof and hereof. 
  

 6 

 “D.B. Zwirn Intercompany Subordination Agreement” means the Intercompany Subordination
Agreement as such term is defined in the D.B. Zwirn Credit Agreement, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof. 
 “D.B. Zwirn Investor Intercreditor Agreement” means the Intercreditor Agreement dated as of the date hereof among D.B. Zwirn, on the one
hand, and TA Subordinated Debt Fund, L.P., TA Investors II, L.P. and D.B. Zwirn, on the other hand, as amended modified, supplemented or restated from time to time 
 “D.B. Zwirn Loan Documents” means the D.B. Zwirn Cash Management Agreements, the D.B. Zwirn Control Agreements, the D.B. Zwirn Copyright Security Agreement, the D.B. Zwirn Credit Agreement, the D.B.
Zwirn Fee Letter, the D.B. Zwirn Guaranty, D.B. Zwirn Intercompany Subordination Agreement, the D.B. Zwirn Mortgages, the D.B. Zwirn Patent Security Agreement, the D.B. Zwirn Registered Notes, the D.B. Zwirn Security Agreement, the D.B. Zwirn Source
Code Escrow Agreements, the D.B. Zwirn Trademark Security Agreement, and any other agreement entered into, now or in the future, by any Loan Party and any member of the D.B. Zwirn Lender Group in connection with the D.B. Zwirn Credit Agreement, as
such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof (including any agreements entered into pursuant to Section 5.16 of the D.B. Zwirn Credit Agreement). 
 “D.B. Zwirn Mortgages” means the Mortgages as such term is defined in the D.B. Zwirn Credit Agreement, as such is amended, modified,
supplemented or restated from time to time in accordance with the terms thereof and hereof, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof. 
 “D.B. Zwirn Obligations” means the Obligations as such term is defined in the D.B. Zwirn Credit Agreement, as such is amended, modified,
supplemented or restated from time to time in accordance with the terms thereof and hereof. 
 “D.B. Zwirn Patent Security
Agreement” means the Patent Security Agreement as such term is defined in the D.B. Zwirn Security Agreement, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof.

 “D.B. Zwirn Registered Notes” means the Registered Notes as such term is defined in the D.B. Zwirn Credit Agreement, as
such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof. 
 “D.B. Zwirn
Security Agreement” means the Security Agreement as such term is defined in the D.B. Zwirn Credit Agreement, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof.

 “D.B. Zwirn Source Code Escrow Agreement” means the Source Code Escrow Agreement as such term is defined in the D.B.
Zwirn Credit Agreement, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof. 
 “D.B. Zwirn Term Loan” means the Term Loan as such term is defined in the D.B. Zwirn Credit Agreement, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and
hereof. 
 “D.B. Zwirn Trademark Security Agreement” means the Trademark Security Agreement as such term is defined in the
D.B. Zwirn Security Agreement, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof. 
  

 7 

 “Default” means an event, condition, or default that, with the giving of notice, the
passage of time, or both, would be an Event of Default. 
 “Defaulting Lender” means any Lender that fails to make any
Advance (or other extension of credit) that it is required to make hereunder on the date that it is required to do so hereunder. 
 “Defaulting Lender Rate” means (a) for the first 3 days from and after the date the relevant payment is due, the Base Rate, and (b) thereafter, the interest rate then applicable to Advances that are Base Rate
Loans (inclusive of the Base Rate Margin applicable thereto). 
 “Deposit Account” means any deposit account (as that term
is defined in the Code). 
 “Designated Account” means the Deposit Account of Administrative Borrower identified on
Schedule D-1. 
 “Designated Account Bank” has the meaning specified therefor in Schedule D-1. 
 “Distributions” has the meaning specified therefor in Section 6.10. 
 “Dollars” or “$” means United States dollars. 
 “EBITDA” means, with respect to any fiscal period, (a) Parent’s and its Subsidiaries’ consolidated net earnings (or
loss), minus (b) without duplication, the sum of the following amounts of Parent and its Subsidiaries for such period, to the extent included in determining consolidated net earnings (or loss) of Parent and its Subsidiaries for such period,
(i) extraordinary gains (including gains realized on the sale of assets), (ii) non-cash income and (iii) interest income, in the case of each of clauses (b)(i) through (b)(iii), as determined in accordance with GAAP, plus
(c) without duplication, the sum of the following amounts of Parent and its Subsidiaries for such period, to the extent deducted in determining consolidated net earnings (or loss) of Parent and its Subsidiaries, (i) income taxes and
franchise taxes accrued, (ii) Interest Expense, (iii) non-cash extraordinary losses (including non-cash losses realized on the sale of assets), (iv) depreciation and amortization, (v) amortized debt discount for such period,
(vi) the amount of any non-cash deduction as the result of any grant to any board members, management or employees of Parent of any equity interests in Parent, (vii) non-recurring cash restructuring charges and independent company start-up
costs incurred during the first 12 months after the Closing Date in an aggregate amount not to exceed $2,000,000, (viii) non-cash purchase accounting effects related to the Acquisition Transaction, including loss of deferred revenue,
(ix) the amount of any expenses or damages actually paid by Parent or its Subsidiaries in respect of the Adobe Litigation (as such term is defined in the Stock Purchase Agreement) to the extent that such expenses or damages are reimbursed to
Parent or its Subsidiaries pursuant to the Stock Purchase Agreement; (x) the amount of any expense attributable to payments under the Agfa Monotype Corporation Incentive Compensation Plan made as of April 26, 2000, as amended or modified
from time to time through the Closing Date; and (xi) subject to compliance with Section 3.6(g), the amount of the TBP Payment (as defined in the Stock Purchase Agreement) made in accordance with the terms of Section 8.05 of the
Stock Purchase Agreement, in the case of each of clauses (c)(i) through (c)(xi), as determined in accordance with GAAP; provided, however, that EBITDA for the quarters ending September 30, 2003, December 31,
2003, March 31, 2004, June 30, 2004, and September 30, 2004 shall be deemed to be $3,909,000, $7,307,000, $6,605,000, $9,713,000 and $8,136,000, respectively. 
 “Eligible Transferee” means (a) a commercial bank organized under the laws of the United States, or any state thereof, and having
total assets in excess of $250,000,000, (b) a commercial bank organized under the laws of any other country which is a member of the Organization for 

  

 8 

 
Economic Cooperation and Development or a political subdivision of any such country and which has total assets in excess of $250,000,000, provided that such
bank is acting through a branch or agency located in the United States, (c) a finance company, insurance company, or other financial institution or fund that is engaged in making, purchasing, or otherwise investing in commercial loans having
(together with its Affiliates and Related Funds) total assets (including assets under management) in excess of $250,000,000, (d) any Lender or any Affiliate (other than individuals) of any Lender, including a fund or account managed by any
Lender or any Affiliate of any Lender or its investment manager (a “Related Fund”), (e) so long as no Event of Default has occurred and is continuing, any other Person approved by Agent and Administrative Borrower (which
approval of Administrative Borrower shall not be unreasonably withheld, delayed, or conditioned), and (f) during the continuation of an Event of Default, any other Person approved by Agent. 
 “Environmental Actions” means any written complaint, summons, citation, notice, directive, order, claim, litigation, investigation,
judicial or administrative proceeding, judgment, letter, or other written communication from any Governmental Authority, or any third party involving violations of Environmental Laws or releases of Hazardous Materials (a) from any assets,
properties, or businesses of Parent, any Borrower, any of their respective Subsidiaries, or any of their predecessors in interest, (b) from adjoining properties or businesses, or (c) from or onto any facilities which received Hazardous
Materials generated by Parent, any Borrower, any of their respective Subsidiaries, or any of their predecessors in interest. 
 “Environmental Law” means any applicable federal, state, provincial, foreign or local statute, law, rule, regulation, ordinance, code, binding and enforceable guideline, binding and enforceable written policy or rule of
common law now or hereafter in effect and in each case as amended, or any judicial or administrative interpretation thereof, including any judicial or administrative order, consent decree or judgment, in each case, to the extent binding on Parent,
any Borrower, or any of their respective Subsidiaries, relating to the environment, the effect of the environment on employee health, or Hazardous Materials, in each case as amended from time to time. 
 “Environmental Liabilities” means all liabilities, monetary obligations, losses, damages, costs and expenses (including all reasonable
fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any claim or demand, or Remedial Action required, by any
Governmental Authority or any third party, and which relate to any Environmental Action. 
 “Environmental Lien” means any
Lien in favor of any Governmental Authority for Environmental Liabilities. 
 “Equipment” means equipment (as that term is
defined in the Code). 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time,
and the regulations promulgated thereunder. 
 “ERISA Affiliate” means each business or entity which is, or within the last
six years was, a member of a “controlled group of corporations”, under “common control” or an “affiliated service group” with Parent, any Borrower or any of their respective Subsidiaries within the meaning of
Section 414(b), (c) or (m) of the IRC, required to be aggregated with Parent, any Borrower or any of their respective Subsidiaries under Section 414(o) of the IRC, or is, or within the last six years was, under “common
control” with Parent, any Borrower or any of their respective Subsidiaries, within the meaning of Section 4001(a)(14) of ERISA. 
  

 9 

 “ERISA Event” means (a) a reportable event as defined in Section 4043 of ERISA
and the regulations issued under such Section with respect to a Pension Plan, excluding, however, such events as to which the PBGC by regulation has waived the requirement of Section 4043(a) of ERISA that it be notified within 30 days of the
occurrence of such event; (b) the applicability of the requirements of Section 4043(b) of ERISA with respect to a contributing sponsor, as defined in Section 4001(a)(13) of ERISA, to any Pension Plan where an event described in
paragraph (9), (10), (11), (12) or (13) of Section 4043(c) of ERISA is reasonably expected to occur with respect to such plan within the following 30 days; (c) a withdrawal by a Parent, any Borrower, any of their respective
Subsidiaries, or any ERISA Affiliate from a Pension Plan or the termination of any Pension Plan resulting in liability under Sections 4063 or 4064 of ERISA; (d) the withdrawal of Parent, any Borrower, any of their respective Subsidiaries,
or ERISA Affiliate in a complete or partial withdrawal (within the meaning of Section 4203 and 4205 of ERISA) from any Multiemployer Plan if there is any potential liability therefor, or the receipt by Parent, any Borrower, any of their
respective Subsidiaries, or ERISA Affiliate of notice from any Multiemployer Plan that it is in reorganization or insolvency pursuant to Section 4241 or 4245 of ERISA; (e) the filing of a notice of intent to terminate, the treatment of a
plan amendment as a termination under Section 4041 or 4041A of ERISA, or the commencement of proceedings by the PBGC to terminate a Pension Plan or Multiemployer Plan; (f) the imposition of liability on Parent, any Borrower, any of their
respective Subsidiaries, or any ERISA Affiliate pursuant to Sections 4062(e) or 4069 of ERISA or by reason of the application of Section 4212(c) of ERISA; (g) the failure by Parent, any Borrower, any of their respective Subsidiaries, or
any ERISA Affiliate to make any required contribution to a Pension Plan (or the failure to make a required contribution in any material respect with respect to any Plan that is not a Pension Plan or a Multiemployer Plan), or the failure to meet the
minimum funding standard of Section 412 of the IRC with respect to any Pension Plan (whether or not waived in accordance with Section 412(d) of the IRC) or the failure to make by its due date a required installment under
Section 412(m) of the IRC with respect to any Pension Plan or the failure to make any required contribution to a Multiemployer Plan; (h) an event or condition which might reasonably be expected to constitute grounds under Section 4042
of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan or Multiemployer Plan; (i) the imposition of any material liability under Title I or Title IV of ERISA, other than PBGC premiums due but not
delinquent under Section 4007 of ERISA, upon Parent, any Borrower, any of their respective Subsidiaries or any ERISA Affiliate; (j) an application for a funding waiver under Section 303 of ERISA or an extension of any amortization
period pursuant to Section 412 of the IRC with respect to any Pension Plan; (k) the occurrence of a non-exempt prohibited transaction under Sections 406 or 407 of ERISA for which Parent, any Borrower, or any of their respective
Subsidiaries, may be directly or indirectly liable and which is reasonably expected to result in a material liability to Parent, any Borrower, or any of their respective Subsidiaries; (l) a material violation of the applicable requirements of
Section 404 or 405 of ERISA or the exclusive benefit rule under Section 401(a) of the IRC by any fiduciary or disqualified person for which Parent, any Borrower, any of their respective Subsidiaries or any ERISA Affiliate may be
directly or indirectly liable; (m) the occurrence of an act or omission which could give rise to the imposition on Parent, any Borrower, any of their respective Subsidiaries, or any ERISA Affiliate of material fines, material penalties,
material taxes or material related charges under Chapter 43 of the IRC or under Sections 409, 502(c), (i) or (1) or 4071 of ERISA; (n) the assertion of a material claim (other than routine claims for benefits) against any Plan or the
assets thereof, or against Parent, any Borrower, or any of their respective Subsidiaries in connection with any such Plan; (o) receipt from the Internal Revenue Service of notice of the failure of any Qualified Plan to qualify under
Section 401(a) of the IRC, or the failure of any trust forming part of any Qualified Plan to fail to qualify for exemption from taxation under Section 501(a) of the IRC; (p) the imposition of any lien on any of the rights, properties
or assets of Parent, any Borrower, any of their respective Subsidiaries, or any ERISA Affiliate, in either case pursuant to Section 302(f) of ERISA or Title IV of ERISA or to the penalty or excise tax provisions of the IRC or to
Section 401(a)(29) or 412(n) of the IRC; or (q) the establishment or amendment by Parent, any Borrower, or any of their respective Subsidiaries, of any “welfare plan”, as such term is defined in Section 3(1) of ERISA, that
provides post-employment health benefits in a manner that would materially increase the liability of Parent, any Borrower, or any of their respective Subsidiaries. 
  

 10 

 “Event of Default” has the meaning specified therefor in Section 7.

 “Excess Availability” means, as of any date of determination, the amount equal to Availability minus the aggregate
amount, if any, of all trade payables of Parent, Borrowers and their respective Subsidiaries aged in excess of their historical levels with respect thereto and all book overdrafts of Parent, Borrowers and their respective Subsidiaries in excess of
their historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion. 
 “Excess Cash
Flow” means, as of the date any determination thereof is to be made, the result of (a) EBITDA for the immediately preceding fiscal year (provided, that, for the period from the Closing Date through December 31, 2004, such amount
shall be EBITDA for such period), less (b) the sum of (i) total interest payments (to the extent paid in cash) on any Indebtedness of Borrowers permitted under the Agreement (to the extent that such payments are permitted to be made
under the Agreement) during such period, (ii) principal payments (to the extent paid in cash) on any Indebtedness of Borrowers permitted under the Agreement (to the extent that such payments are permitted to be made under the Agreement) during
such period (but, in the case of revolving loans, only to the extent that the revolving credit commitment with respect thereto is permanently reduced by the amount of such payments), (iii) all Capital Expenditures made in cash during such
period (to the extent that such Capital Expenditures are permitted to be made under the Agreement), and (iv) payments of Taxes made in cash during such period. 
 “Exchange Act” means the Securities Exchange Act of 1934, as in effect from time to time. 
 “Extraordinary Receipts” means any cash received by any Loan Party or any of its Subsidiaries not in the ordinary course of business, including (a) foreign, United States, state or local tax refunds, (b) pension
plan reversions, (c) proceeds of insurance, (d) judgments, proceeds of settlements or other consideration of any kind in connection with any cause of action, (e) condemnation awards (and payments in lieu thereof), (f) indemnity
payments and (g) any purchase price adjustment received in connection with any purchase agreement (including the Stock Purchase Agreement); provided, however, that Extraordinary Receipts shall not include any cash received by any
Loan Party in respect of (i) the issuance of Convertible Preferred Stock and Common Stock pursuant to the Stock Purchase Agreement dated as of November 5, 2004 by and among Parent, the investors listed on Schedule A thereto and the lenders
listed on Schedule B thereto as in effect on the Closing Date, (ii) the issuance of Common Stock pursuant to the Subordinated Note Purchase Agreement, (iii) the reimbursement of any Adobe Litigation Costs or Adobe Damages pursuant to and
as defined in the Stock Purchase Agreement and (iv) any amounts received from Seller under the terms of the Stock Purchase Agreement with respect to a Working Capital Shortfall (as defined in the Stock Purchase Agreement). 
 “Facility Limiter Amount” means, as of any date of determination, the product of 4.25 times the TTM EBITDA as determined based on the
most recent quarterly financial statements delivered to Agent pursuant to Section 5.3. 
 “Facility Limiter
Report” means a report in the form of Exhibit B-1. 
 “Fee Letter” means that certain fee letter dated as of
even date herewith among Parent, Borrowers and Agent, in form and substance satisfactory to Agent. 
 “Fixed Charge Coverage
Ratio” means, with respect to Parent and its Subsidiaries for any period, the ratio of (a) EBITDA for such period minus Capital Expenditures made (to the extent not already incurred in a prior period) or incurred during such
period, to (b) Fixed Charges for such period. 
  

 11 

 “Fixed Charges” means with respect to Parent and its Subsidiaries for any period, the
sum, without duplication, of (a) Interest Expense (excluding PIK Interest), (b) principal payments required to be paid during such period in respect of Indebtedness, and (c) all federal, state, and local income taxes paid in cash
during such period. 
 “Funding Date” means the date on which a Borrowing occurs. 
 “Funding Losses” has the meaning specified therefor in Section 2.13(b)(ii). 
 “GAAP” means generally accepted accounting principles as in effect from time to time in the United States, consistently applied.

 “Governing Documents” means, with respect to any Person, the certificate or articles of incorporation, by-laws, or other
organizational documents of such Person. 
 “Governmental Authority” means any federal, state, local, or other governmental
or administrative body, instrumentality, board, department, or agency or any court, tribunal, administrative hearing body, arbitration panel, commission, or other similar governmental dispute-resolving panel or body. 
 “Guarantors” means Parent and each other Subsidiary of Parent that executes a joinder to the Guaranty after the Closing Date in
accordance with Section 5.16, and “Guarantor” means any one of them. 
 “Guaranty” means that
certain general continuing guaranty executed and delivered by each Guarantor in favor of Agent for the benefit of the Lender Group and the Bank Product Providers, in form and substance satisfactory to Agent. 
 “Hazardous Materials” means (a) substances that are defined or listed in, or otherwise classified pursuant to, any Environmental
Law as “hazardous substances,” “hazardous materials,” “hazardous wastes,” “toxic substances,” or any other formulation intended to define, list, or classify substances by reason of deleterious properties such
as ignitability, corrosivity, reactivity, carcinogenicity, reproductive toxicity, or “EP toxicity”, (b) oil, petroleum, or petroleum derived substances, natural gas, natural gas liquids, synthetic gas, drilling fluids, produced
waters, and other wastes associated with the exploration, development, or production of crude oil, natural gas, or geothermal resources, (c) any flammable substances or explosives or any radioactive materials, and (d) asbestos in any form
or electrical equipment that contains any oil or dielectric fluid containing levels of polychlorinated biphenyls in excess of 50 parts per million. 
 “Hedge Agreement” means any and all agreements, or documents now existing or hereafter entered into by Parent, a Borrower or any of their respective Subsidiaries that provide for an interest rate, credit, commodity or
equity swap, cap, floor, collar, forward foreign exchange transaction, currency swap, cross currency rate swap, currency option, or any combination of, or option with respect to, these or similar transactions, for the purpose of hedging
Parent’s, a Borrower’s or any of their respective Subsidiaries’ exposure to fluctuations in interest or exchange rates, loan, credit exchange, security or currency valuations or commodity prices. 
 “Holdout Lender” has the meaning specified therefor in Section 14.2(a). 
 “Indebtedness” means, without duplication, (a) all obligations for borrowed money, (b) all obligations evidenced by bonds,
debentures, notes, or other similar instruments and all reimbursement or other obligations in respect of letters of credit, bankers acceptances, interest rate swaps, hedges, derivatives, or other financial products, (c) all obligations as a
lessee under Capital 

  

 12 

 
Leases, (d) all obligations or liabilities of others secured by a Lien on any asset of a Person or its Subsidiaries, irrespective of whether such
obligation or liability is assumed, (e) all obligations to pay the deferred purchase price of assets (other than trade payables incurred in the ordinary course of business and not outstanding for more than 90 days after the date created),
(f) all net termination obligations, calculated on any date, on a basis satisfactory to Agent and in accordance with accepted practice as if the Hedging Agreement was terminated on such date, of a Person under Hedging Agreements, and
(g) any obligation guaranteeing or intended to guarantee (whether directly or indirectly guaranteed, endorsed, co-made, discounted, or sold with recourse) any obligation of any other Person that constitutes Indebtedness under any of clauses
(a) through (f) above. 
 “Indemnified Liabilities” has the meaning specified therefor in
Section 10.3. 
 “Indemnified Person” has the meaning specified therefor in Section 10.3.

 “Insolvency Proceeding” means any proceeding commenced by or against any Person under any provision of the Bankruptcy
Code or under any other state or federal bankruptcy or insolvency law, assignments for the benefit of creditors, formal or informal moratoria, compositions, extensions generally with creditors, or proceedings seeking reorganization, arrangement, or
other similar relief and including the appointment of a trustee, receiver, administrative receiver, administrator or similar officer. 
 “Intellectual Property” has the meaning specified therefor in the Security Agreement. 
 “Intercompany
Subordination Agreement” means a subordination agreement executed and delivered by Parent, Borrowers, each of their respective Subsidiaries and Agent, the form and substance of which is satisfactory to Agent. 
 “Interest Expense” means, for any period, the aggregate of the interest expense of Parent and its Subsidiaries for such period,
determined on a consolidated basis in accordance with GAAP. 
 “Interest Period” means, with respect to each LIBOR Rate
Loan, a period commencing on the date of the making of such LIBOR Rate Loan (or the continuation of a LIBOR Rate Loan or the conversion of a Base Rate Loan to a LIBOR Rate Loan) and ending 1, 2, or 3 months thereafter; provided,
however, that (a) if any Interest Period would end on a day that is not a Business Day, such Interest Period shall be extended (subject to clauses (c)-(e) below) to the next succeeding Business Day, (b) interest shall accrue at
the applicable rate based upon the LIBOR Rate from and including the first day of each Interest Period to, but excluding, the day on which any Interest Period expires, (c) any Interest Period that would end on a day that is not a Business Day
shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day, (d) with respect to an Interest Period that begins
on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period), the Interest Period shall end on the last Business Day of the calendar month
that is 1, 2, or 3 months after the date on which the Interest Period began, as applicable, and (e) Borrowers (or Administrative Borrower on behalf thereof) may not elect an Interest Period which will end after the Maturity Date. 
 “Inventory” means inventory (as that term is defined in the Code). 
 “Investment” means, with respect to any Person, any investment by such Person in any other Person (including Affiliates) in the form of
loans, guarantees, advances, or capital contributions (excluding (a) commission, travel, and similar advances to officers and employees of such Person made in the ordinary course of business, (b) bona fide Accounts arising in the ordinary

  

 13 

 
course of business and consistent with standard practice among companies in the same industry as such Person and (c) Investments arising out of
negotiated terms with an Account Debtor in the ordinary course of business and consistent with standard practice among companies in the same industry as such Person), purchases or other acquisitions of Indebtedness, Stock, or all or substantially
all of the assets of such other Person (or of any division or business line of such other Person), and any other items that are or would be classified as investments on a balance sheet prepared in accordance with GAAP. 
 “Investors” means TA IX, L.P., a Delaware limited partnership, TA/Atlantic and Pacific IV, L.P., a Delaware limited partnership, TA
Strategic Partners Fund A, L.P., a Delaware limited partnership, TA Strategic Partners Fund B, L.P., a Delaware limited partnership, and TA Investors II, L.P., a Delaware limited partnership. 
 “Investor Intercreditor Agreement” means the Intercreditor Agreement dated as of the date hereof among Agent, on the one hand, and TA
Subordinated Debt Fund, L.P., TA Investors II, L.P. and D.B. Zwirn, on the other hand, as amended modified, supplemented or restated from time to time. 
 “IRC” means the Internal Revenue Code of 1986, as in effect from time to time, and the regulations promulgated thereunder. 
 “Japanese Documents” means (a) an Assignment and Assumption, in form and substance satisfactory to Agent, to be entered into
between Agfa-Gevaert Japan, Limited and the Japanese Subsidiary, pursuant to which all or substantially all of the Japan Agreements (as defined on Schedule 3.02 of the Disclosure Schedule to the Stock Purchase Agreement) are to be assigned to the
Japanese Subsidiary, and (b) the Japan Type License Agreement. 
 “Japanese Subsidiary” means a Subsidiary of Monotype
that will formed under the laws of Japan after the Closing Date in connection with entering into the Japanese Documents. 
 “Japan
Type License Agreement” means a Type License Agreement, in form and substance satisfactory to Agent, to be entered into between the Japanese Subsidiary and Monotype. 
 “Japan Type License Amendment” means an amendment to that certain Type License Agreement by and between Agfa-Gevaert Japan, Limited and
Agfa Monotype Corporation dated as of November 1, 1995 and substantially in the form attached as an Exhibit to the Stock Purchase Agreement. 
 “Lender” and “Lenders” have the respective meanings specified therefor in the preamble to the Agreement, and shall include any other Person made a party to the Agreement in accordance with the provisions of
Section 13.1. 
 “Lender Group” means, individually and collectively, each of the Lenders and Agent. 

“Lender Group Expenses” means all (a) costs or expenses (including taxes, and insurance premiums) required to be paid by Parent,
any Borrower or any of their respective Subsidiaries under any of the Loan Documents that are paid, advanced, or incurred by the Lender Group, (b) fees or charges paid or incurred by Agent in connection with the Lender Group’s transactions
with Parent, any Borrower or any of their respective Subsidiaries, including, fees or charges for photocopying, notarization, couriers and messengers, telecommunication, public record searches (including tax lien, litigation, and UCC searches and
including searches with the patent and trademark office, the copyright office, or the department of motor vehicles), filing, recording, publication, appraisal (including periodic collateral appraisals or business valuations to the extent of 

  

 14 

 
the fees and charges (and up to the amount of any limitation) contained in the Fee Letter and in the Agreement), real estate surveys, real estate title
policies and endorsements, and environmental audits, (c) costs and expenses incurred by Agent in the disbursement of funds to Borrowers or other members of the Lender Group (by wire transfer or otherwise), (d) charges paid or incurred by
Agent resulting from the dishonor of checks, (e) reasonable costs and expenses paid or incurred by the Lender Group to correct any default or enforce any provision of the Loan Documents, or in gaining possession of, maintaining, handling,
preserving, storing, shipping, selling, preparing for sale, or advertising to sell the Collateral, or any portion thereof, irrespective of whether a sale is consummated, (f) audit fees and expenses of Agent related to any inspections or audits
to the extent of the fees and charges (and up to the amount of any limitation) contained in the Fee Letter and in the Agreement, (g) reasonable costs and expenses of third party claims or any other suit paid or incurred by the Lender Group in
enforcing or defending the Loan Documents or in connection with the transactions contemplated by the Loan Documents or the Lender Group’s relationship with Parent, any Borrower or any of their respective Subsidiaries, (h) Agent’s
reasonable costs and expenses (including reasonable attorneys fees but not including internal allocation of overhead) incurred in advising, structuring, drafting, reviewing, administering, syndicating (but not including fees paid to syndicate
members), or amending the Loan Documents and rating the Term Loan, and (i) Agent’s and each Lender’s reasonable costs and expenses (including attorneys, accountants, consultants, and other advisors fees and expenses) incurred in
terminating, enforcing (including attorneys, accountants, consultants, and other advisors fees and expenses incurred in connection with a “workout,” a “restructuring,” or an Insolvency Proceeding concerning Parent, any Borrower
or any of their respective Subsidiaries or in exercising rights or remedies under the Loan Documents), or defending the Loan Documents, irrespective of whether suit is brought, or in taking any Remedial Action concerning the Collateral. 

“Lender-Related Person” means, with respect to any Lender, such Lender, together with such Lender’s Affiliates, officers,
directors, employees, attorneys, and agents. 
 “Leverage Ratio” means, with respect to Parent and its Subsidiaries for any
period, the ratio of (a) the aggregate outstanding Indebtedness (excluding Subordinated Indebtedness) of Parent and its Subsidiaries as of the last day of the applicable period to (b) TTM EBITDA. 
 “LIBOR Deadline” has the meaning specified therefor in Section 2.13(b)(i). 
 “LIBOR Notice” means a written notice in the form of Exhibit L-1. 
 “LIBOR Option” has the meaning specified therefor in Section 2.13(a). 
 “LIBOR Rate” means, for each Interest Period for each LIBOR Rate Loan, the rate per annum determined by Agent (rounded upwards, if
necessary, to the next 1/100%) by dividing (a) the Base LIBOR Rate for such Interest Period, by (b) 100% minus the Reserve Percentage. The LIBOR Rate shall be adjusted on and as of the effective day of any change in the
Reserve Percentage. 
 “LIBOR Rate Loan” means each portion of an Advance or the Term Loan that bears interest at a rate
determined by reference to the LIBOR Rate. 
 “LIBOR Rate Margin” means, as of any date of determination: 
 (a) For the period from and including the Closing Date to but excluding the effective date of any determination of the LIBOR Rate Margin pursuant to
clause (b) below, 3.50 percentage points per annum (the “Initial LIBOR Rate Margin”). 
  

 15 

 (b) Thereafter, the relevant LIBOR Rate Margin set forth in the table below that corresponds to the
applicable Senior Leverage Ratio of Parent and its Subsidiaries set forth opposite thereto (as determined in accordance with clause (c) below). 
  

			
	 Senior Leverage Ratio
	  	 LIBOR Rate Margin:

	 Greater than 2.00:1.00
	  	3.50 percentage points
	 Less than or equal to 2.00:1.00 but greater than 1.50:1.00
	  	3.00 percentage points
	 Less than or equal to 1.50:1.00
	  	2.50 percentage points

 (c) The LIBOR Rate Margin shall be determined from time to time pursuant to clause (b) above
on the first day of the month following the date on which Parent and Borrowers deliver to Agent a quarterly Compliance Certificate in accordance with Section 5.3, commencing with the delivery by Parent and Borrowers of the quarterly
Compliance Certificate for the fiscal quarter of Parent ended March 31, 2005. In the event that a quarterly Compliance Certificate is not provided to Agent in accordance with Section 5.3, the LIBOR Rate Margin shall be set at the
Initial LIBOR Rate Margin as of the first day of the month following the date on which such quarterly Compliance Certificate was required to be delivered until the date on which such quarterly Compliance Certificate is delivered (on which date (but
not retroactively), without constituting a waiver of any Default or Event of Default arising as a result of Parent’s and Borrowers’ failure to timely deliver such quarterly Compliance Certificate, the LIBOR Rate Margin shall be set at the
relevant LIBOR Rate Margin set forth in the table above based upon the calculation of the Senior Leverage Ratio of Parent and its Subsidiaries set forth in such quarterly Compliance Certificate). 
 “Lien” means any interest in an asset securing an obligation owed to, or a claim by, any Person other than the owner of the asset,
irrespective of whether (a) such interest is based on the common law, statute, or contract, (b) such interest is recorded or perfected, and (c) such interest is contingent upon the occurrence of some future event or events or the
existence of some future circumstance or circumstances. Without limiting the generality of the foregoing, the term “Lien” includes the lien or security interest arising from a mortgage, deed of trust, encumbrance, notice of Lien, levy or
assessment, pledge, hypothecation, assignment, deposit arrangement, security agreement, conditional sale or trust receipt, or from a lease, consignment, or bailment for security purposes and also includes reservations, exceptions, encroachments,
easements, rights-of-way, covenants, conditions, restrictions, leases, and other title exceptions and encumbrances affecting Real Property. 
 “Loan Account” has the meaning specified therefor in Section 2.10. 
 “Loan Documents”
means the Agreement, the Bank Product Agreements, the Cash Management Agreements, the Control Agreements, the Copyright Security Agreement, the Fee Letter, the Guaranty, the Intercompany Subordination Agreement, the Mortgages, the Patent Security
Agreement, the Perfection Certificate, any Registered Note or Registered Notes executed by any Loan Party in connection with the Agreement and payable to a member of the Lender Group, the Security Agreement, the Source Code Escrow Agreement, the
Trademark Security Agreement, and any other agreement entered into, now or in the future, by any Loan Party and any member of the Lender Group in connection with the Agreement (including any agreements entered into pursuant to
Section 5.16). 
 “Loan Parties” means, collectively, Borrowers and Guarantors, and “Loan
Party” means any one of them. 
  

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 “Material Adverse Change” means (a) a material adverse change in the business,
prospects, operations, results of operations, assets, liabilities or condition (financial or otherwise) of Parent, Borrowers and their respective Subsidiaries, taken as a whole, (b) a material impairment of Parent’s, any Borrower’s or
any of their respective Subsidiaries’ ability to perform its obligations under the Loan Documents to which it is a party or of the Lender Group’s ability to enforce the Obligations or realize upon the Collateral, or (c) a material
impairment of the enforceability or priority of the Agent’s Liens with respect to the Collateral as a result of an action or failure to act on the part of Parent, any Borrower or any of their respective Subsidiaries. 
 “Material Contract” means, with respect to any Person, (a) each contract or agreement listed on Schedule M-1, (b) the
Type License Agreement by and between Agfa-Gevaert Japan, Limited and Agfa Monotype Corporation dated as of November 1, 1995, as amended by the Japan Type License Amendment, (c) after execution and delivery thereof, the Japanese Documents,
(d) each contract or agreement entered into after the Closing Date to which such Person or any of its Subsidiaries is a party involving aggregate consideration payable to or by such Person or such Subsidiary of $5,000,000 or more in any fiscal
year of such Person (other than purchase orders in the ordinary course of the business of such Person or such Subsidiary and other than contracts that by their terms may be terminated by such Person or Subsidiary in the ordinary course of its
business upon less than 60 days notice without penalty or premium), and (e) any other contract or agreement, whether entered into as of the Closing Date or after the Closing Date, if the breach of any such contract or agreement or the failure
of any such contract or agreement to be in full force and effect could be reasonably expected to result in a Material Adverse Change. 
 “Maturity Date” has the meaning specified therefor in Section 3.3. 
 “Maximum Revolver
Amount” means $5,000,000. 
 “Merger” has the meaning specified therefor in the recitals of the Agreement.

 “Merger Agreement” has the meaning specified therefor in the recitals of the Agreement. 
 “Microsoft Agreements” means (a) the Typeface License Agreement between Microsoft Corporation and Monotype, dated as of
February 16, 1993, as amended by Agreement and Amendment to Agreement dated November 22, 1995 and Agreement and Amendment to Agreement dated June 30, 1998, and amendment to License Agreement dated July 13, 2004, (b) the
Typeface Development Agreement (Japanese Clear Type) between Microsoft Corporation and Monotype, dated as of February 11, 2003, (c) the Typeface Development Agreement (Latin Clear Type) between and Microsoft Corporation and Monotype, dated
as of February 11, 2003, and (d) the Confidential Patent License Agreement between Microsoft Corporation and Monotype, dated as of May 7, 2003. 
 “Monotype” has the meaning specified therefor in the recitals of the Agreement. 
 “Monotype Stock” has the meaning specified therefor in the recitals of the Agreement. 
 “Moody’s” has the meaning specified therefor in the definition of Cash Equivalents. 
 “Mortgages” means, individually and collectively, one or more mortgages, deeds of trust, or deeds to secure debt, executed and delivered by Parent, any Borrower or any of their respective Subsidiaries in favor of Agent, in
form and substance satisfactory to Agent, that encumber the Real Property Collateral. 
  

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 “Multiemployer Plan” means a “multiemployer plan” (within the meaning of
Section 3(37) of ERISA) to which Parent, any Borrower, any of their respective Subsidiaries, or any ERISA Affiliate makes, is making, is obligated, or within the last six years has been obligated, to make contributions. 
 “Net Cash Proceeds” means (a) with respect to the issuance or incurrence of any Indebtedness by any Person or any of its
Subsidiaries, or the sale or issuance by any Person or any of its Subsidiaries of any shares of its Stock, the aggregate amount of cash or Cash Equivalents received (directly or indirectly) from time to time (whether as initial consideration or
through the payment or disposition of deferred consideration) by or on behalf of such Person or such Subsidiary in connection therewith, after deducting therefrom only (i) costs and expenses related thereto incurred by such Person or such
Subsidiary in connection therewith (including, without limitation, legal, accounting and investment banking fees, and underwriting discounts and commissions), (ii) sales, transfer and other similar taxes paid or payable by such Person or such
Subsidiary in connection therewith and (iii) net income taxes to be paid in connection therewith (after taking into account any tax credits or deductions and any tax sharing arrangements), and (b) with respect to any Extraordinary Receipts
received by any Person or any of its Subsidiaries, the aggregate amount of cash or Cash Equivalents received (directly or indirectly) from time to time by or on behalf of such Person or such Subsidiary in connection therewith, after deducting
therefrom only (i) reasonable costs and expenses related to the collection thereof incurred by such Person or such Subsidiary, (ii) sales, transfer and other similar taxes paid or payable by such Person or such Subsidiary in connection
therewith, and (iii) net income taxes to be paid in connection therewith (after taking into account any tax credits or deductions and any tax sharing arrangements); in the case of each of clauses (a) and (b), to the extent, but only to the
extent, that the amounts so deducted are (x) actually paid to a Person that, except in the case of reasonable out-of-pocket expenses, is not an Affiliate of such Person or any of its Subsidiaries and (y) properly attributable to such
transaction. 
 “Newco” has the meaning specified therefor in the preamble to the Agreement. 
 “Obligations” means (a) all loans (including the Term Loan), Advances, debts, principal, interest (including any interest that
accrues after the commencement of an Insolvency Proceeding regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), premiums, liabilities (including all amounts charged to the Loan Account
pursuant to the Agreement), obligations (including indemnification obligations), fees (including the fees provided for in the Fee Letter), charges, costs, Lender Group Expenses (including any fees or expenses that accrue after the commencement of an
Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), lease payments, guaranties, covenants, and duties of any kind and description owing by Borrowers to the Lender Group
pursuant to or evidenced by the Loan Documents and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, and including all interest not paid
when due and all Lender Group Expenses and other amounts that Borrowers are required to pay or reimburse by the Loan Documents, by law, or otherwise, and (b) all Bank Product Obligations. Any reference in the Agreement or in the Loan Documents
to the Obligations shall include all or any portion thereof and any extensions, modifications, renewals, or alterations thereof, both prior and subsequent to any Insolvency Proceeding. 
 “Originating Lender” has the meaning specified therefor in Section 13.1(e). 
 “Overadvance” has the meaning specified therefor in Section 2.5. 
 “Parent” has the meaning specified therefor in the preamble to the Agreement. 
  

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 “Participant” has the meaning specified therefor in Section 13.1(e).

 “Participant Register” has the meaning specified therefor in Section 13.1(i). 
 “Patent Security Agreement” has the meaning specified therefor in the Security Agreement. 
 “PBGC” means the Pension Benefit Guaranty Corporation or any entity succeeding to any or all of its functions under ERISA. 

“Pension Plan” means an employee benefit plan (as defined in Section 3(3) of ERISA) other than a Multiemployer Plan
(a) that is or has within the last six years maintained or sponsored by Parent, any Borrower, any of their respective Subsidiaries, or any ERISA Affiliate or to which Parent, any Borrower, any of their respective Subsidiaries, or any ERISA
Affiliate has within the last six years made, or was obligated to make, contributions, and (b) that is or was subject to Section 412 of the IRC, Section 302 of ERISA or Title IV of ERISA. 
 “Perfection Certificate” means the representations and warranties of officers form submitted by Agent to Administrative Borrower,
together with Borrowers’ and Guarantors’ completed responses to the inquiries set forth therein, the form and substance of such responses to be satisfactory to Agent. 
 “Permitted Acquisition” means an acquisition by any Borrower of all or substantially all of the assets or all of the Stock of any Person
which satisfies each of the following conditions: 
 (1) any Indebtedness or Liens assumed or issued in connection with such acquisition are
otherwise permitted under Section 6.1 or 6.2, as the case may be; 
 (2) at the time of such acquisition, no Default and
no Event of Default exists, or would exist upon the consummation thereof, both on an actual and a pro forma basis; 
 (3) Parent or
Administrative Borrower shall have provided Agent and the Lenders with written confirmation, supported by reasonably detailed calculations, that on a pro forma basis, created by adding the historical combined financial statements of Parent and its
Subsidiaries, on a consolidated basis (including the combined financial statements of any other Person or assets that were the subject of a prior Permitted Acquisition during the relevant period), to the historical consolidated financial statements
of the Person to be acquired (or the historical financial statements related to the assets to be acquired) pursuant to the proposed acquisition (adjusted to eliminate expense items that would not have been incurred and to include income items that
would have been recognized, in each case, if the combination had been accomplished at the beginning of the relevant period; such eliminations and inclusions to be mutually agreed upon by Parent and Agent), Parent and its Subsidiaries, on a
consolidated basis, would have been in compliance with all financial covenants set forth in Section 6.16 for the 12 months ending as of the fiscal quarter ended immediately prior to the proposed date of consummation of such proposed
acquisition, together with copies of all such historical financial statements of the Person or Person whose assets are being acquired; 
 (4)
such acquisition shall be consensual and shall have been approved by the board of directors of the Person whose Stock or assets are proposed to be acquired; 
 (5) Parent and Administrative Borrower shall have updated the schedules hereto and to each of the other Loan Documents (to the extent permitted by the terms hereof and thereof), as applicable; provided, that in
no event may any schedule be updated in a manner that would reflect or evidence a Default or Event of Default; 
  

 19 

 (6) Administrative Borrower shall have delivered (a) projections for the Person whose Stock or
assets are proposed to be acquired and (b) updated pro forma Projections for Parent and its Subsidiaries (A) evidencing compliance on a pro forma basis (in the manner contemplated by clause (3) above) with Section 6.16 for
the 12 months following the date of such acquisition (on a month-by-month basis) and (B) demonstrating on a pro forma basis (in the manner contemplated by clause (3) above) that Borrowers shall have an amount of (x) Excess
Availability, plus (y) Qualified Cash that equals or exceeds $2,000,000 for the 12 months following the date of such acquisition (on a month-by-month basis), in each case in form and content reasonably acceptable to Agent; 
 (7) the acquisition shall be related to the businesses of Borrowers as currently conducted; 
 (8) there shall not be more than 3 such acquisitions during any fiscal year; 
 (9) there shall not be more than 6 such acquisitions during the term of this Agreement; 
 (10) with respect to any fiscal year, the purchase price of such acquisition, together with all other acquisitions that were Permitted Acquisitions and
consummated in such fiscal year, shall not exceed an aggregate amount of $5,000,000 during such fiscal year; 
 (11) Borrowers shall have an
amount of (x) Excess Availability, plus (y) Qualified Cash that equals or exceeds $2,000,000, both immediately prior to and immediately after giving effect to such acquisition; 
 (12) the assets or Stock of the Person acquired shall be located or organized, as applicable, within the United States; 
 (13) the Person so acquired shall have TTM EBITDA of no less than $0.01 measured as of the date of such acquisition; and 
 (14) Agent shall be satisfied that all acts necessary to perfect the Agent’s Liens in the assets or Stock being purchased in connection with such
acquisition have been taken. 
 “Permitted Discretion” means a determination made in the exercise of reasonable (from the
perspective of a secured asset-based lender) business judgment. 
 “Permitted Dispositions” means (a) sales or other
dispositions of Equipment that is substantially worn, damaged, or obsolete in the ordinary course of business, (b) sales of Inventory to buyers in the ordinary course of business, (c) the use or transfer of money or Cash Equivalents in a
manner that is not prohibited by the terms of the Agreement or the other Loan Documents, (d) the licensing, on a non-exclusive basis, of patents, trademarks, copyrights, and other intellectual property rights in the ordinary course of business,
and (e) the sale without recourse and in the ordinary course of business of overdue Accounts in connection with the collection thereof in an aggregate amount not to exceed $1,000,000 in any fiscal year of Parent. 
 “Permitted Holder” means the Persons identified on Schedule P-1. 
 “Permitted Indebtedness” means Indebtedness permitted to be incurred or to exist under Section 6.1. 
  

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 “Permitted Investments” means (a) Investments in cash and Cash Equivalents,
(b) Investments in negotiable instruments for collection, (c) advances made in connection with purchases of goods or services in the ordinary course of business, (d) Hedge Agreements entered into as bona fide hedges against
fluctuations in interest rates applicable to Indebtedness of Parent and Borrowers and not for speculative purposes, (e) Investments received in settlement of amounts due to any Borrower or any Subsidiary of any Borrower effected in the ordinary
course of business or owing to any Borrower or any Subsidiary of any Borrower as a result of Insolvency Proceedings involving an Account Debtor or upon the foreclosure or enforcement of any Lien in favor of a Borrower or any Subsidiary of a Borrower
or collection of overdue Accounts, and (f) Permitted Acquisitions to the extent, but only to the extent, that the cash portion of such acquisitions is funded solely with either an equity issuance by Parent or the proceeds of an additional
equity investment made by the Investors or any of their Affiliates (other than Parent and its Subsidiaries). 
 “Permitted
Liens” means (a) Liens held by Agent to secure the Obligations, (b) Liens held by D.B. Zwirn, as agent for the lenders party to the D.B. Zwirn Credit Agreement, to secure the D.B. Zwirn Obligations, (c) Liens for unpaid
taxes, assessments, or other governmental charges or levies that either (i) are not yet delinquent, or (ii) do not constitute an Event of Default and for which the underlying taxes, assessments or other governmental charges or levies are
the subject of Permitted Protests, (d) judgment Liens that do not constitute an Event of Default under Section 7.7, (e) Liens set forth on Schedule P-2, (f) the interests of lessors under operating leases,
(g) purchase money Liens or the interests of lessors under Capital Leases to the extent that such Liens or interests secure Permitted Purchase Money Indebtedness and so long as such Lien attaches only to the asset purchased or acquired and the
proceeds thereof, (h) Liens arising by operation of law in favor of warehousemen, landlords, carriers, mechanics, materialmen, laborers, or suppliers, incurred in the ordinary course of Borrowers’ business and not in connection with the
borrowing of money, and which Liens either (A) are for sums not yet delinquent, or (B) are the subject of Permitted Protests, (i) Liens on amounts deposited in connection with obtaining worker’s compensation or other unemployment
insurance, (j) Liens on amounts deposited in connection with the making or entering into of bids, tenders, or leases in the ordinary course of business and not in connection with the borrowing of money, (k) Liens on amounts deposited as
security for surety or appeal bonds in connection with obtaining such bonds in the ordinary course of business, (l) with respect to any Real Property, easements, rights of way, and zoning restrictions that (i) do not materially interfere
with or impair the use or operation thereof and (ii) are not Environmental Liens, (m) setoff rights or banker’s liens for account charges and fees against funds on deposit in Cash Management Banks to the extent permitted by the Cash
Management Agreements, and (n) non-exclusive licenses or sublicenses granted to other Persons for fair market value consideration in the ordinary course of business and not materially interfering with the conduct of the business of Parent, any
Borrower or any of their respective Subsidiaries. 
 “Permitted Protest” means the right of Parent, any Borrower or any of
their respective Subsidiaries to protest any Lien (other than any Lien that secures the Obligations), taxes (other than payroll taxes or unless prior written notice of the intent to protest is delivered to Agent, taxes that are the subject of a
United States federal tax lien), or rental payment, provided that (a) a reserve with respect to such obligation is established on Parent’s, any Borrower’s or any of their respective Subsidiaries’ books and records in such amount
as is required under GAAP, (b) any such protest is instituted promptly and prosecuted diligently by Parent, any Borrower or any of their respective Subsidiaries, as applicable, in good faith, and (c) Agent is satisfied that, while any such
protest is pending, there will be no impairment of the enforceability, validity, or priority of any of the Agent’s Liens. 
 “Permitted Purchase Money Indebtedness” means, as of any date of determination, Purchase Money Indebtedness incurred after the Closing Date in an aggregate principal amount outstanding at any one time not in excess of
$1,000,000. 
 “Person” means natural persons, corporations, limited liability companies, limited partnerships, general
partnerships, limited liability partnerships, joint ventures, trusts, land trusts, business trusts, or other organizations, irrespective of whether they are legal entities, and governments and agencies and political subdivisions thereof. 

 

 21 

 “PIK Interest” means, with respect to any Indebtedness, the amount of all interest
accrued thereon that has been paid-in-kind by being added to the balance thereof. 
 “Plan” means (a) an employee
benefit plan (as defined in Section 3(3) of ERISA) other than a Multiemployer Plan which is or was within the last six years maintained or sponsored by Parent, any Borrower or any of their respective Subsidiaries or to which Parent, any
Borrower or any of their respective Subsidiaries has within the last six years made, or was obligated to make, contributions, (b) a Pension Plan, or (c) a Qualified Plan. 
 “Projections” means Parent’s and Borrowers’ forecasted (a) balance sheets, (b) profit and loss statements, and
(c) cash flow statements, all prepared on a basis consistent with Borrowers’ historical financial statements, together with appropriate supporting details and a statement of underlying assumptions. 
 “Pro Rata Share” means, as of any date of determination: 
 (a) with respect to a Lender’s obligation to make Advances and right to receive payments of principal, interest, fees, costs, and expenses with respect thereto, (i) prior to the Revolver Commitments being
terminated or reduced to zero, the percentage obtained by dividing (y) such Lender’s Revolver Commitment, by (z) the aggregate Revolver Commitments of all Lenders, and (ii) from and after the time that the Revolver Commitments
have been terminated or reduced to zero, the percentage obtained by dividing (y) the aggregate outstanding principal amount of such Lender’s Advances by (z) the aggregate outstanding principal amount of all Advances, 
 (b) with respect to a Lender’s obligation to make the Term Loan and right to receive payments of interest, fees, and principal with respect thereto,
(i) prior to the making of the Term Loan, the percentage obtained by dividing (y) such Lender’s Term Loan Commitment, by (z) the aggregate amount of all Lenders’ Term Loan Commitments, and (ii) from and after the making
of the Term Loan, the percentage obtained by dividing (y) the principal amount of such Lender’s portion of the Term Loan by (z) the principal amount of the Term Loan, and 
 (c) with respect to all other matters as to a particular Lender (including the indemnification obligations arising under Section 15.7), the
percentage obtained by dividing (i) such Lender’s Revolver Commitment plus the outstanding principal amount of such Lender’s portion of the Term Loan, by (ii) the aggregate amount of Revolver Commitments of all Lenders plus the
outstanding principal amount of the Term Loan; provided, however, that in the event the Revolver Commitments have been terminated or reduced to zero, Pro Rata Share under this clause shall be the percentage obtained by dividing
(A) the outstanding principal amount of such Lender’s Advances plus the outstanding principal amount of such Lender’s portion of the Term Loan, by (B) the outstanding principal amount of all Advances plus the outstanding
principal amount of the Term Loan. 
 “Protective Advances” has the meaning specified therefor in
Section 2.3(d)(i). 
 “Purchase Money Indebtedness” means Indebtedness (other than the Obligations, but
including Capitalized Lease Obligations), incurred at the time of, or within 20 days after, the acquisition of any fixed assets for the purpose of financing all or any part of the acquisition cost thereof. 
  

 22 

 “Qualified Cash” means, as of any date of determination, the amount of unrestricted cash
and Cash Equivalents of Parent, Borrowers and their respective Subsidiaries that is in Deposit Accounts or in Securities Accounts, or any combination thereof, and which such Deposit Accounts or Securities Accounts are the subject of Control
Agreements and are maintained by branch offices of banks or securities intermediaries located within the United States. 
 “Qualified
Plan” means an employee benefit plan (as defined in Section 3(3) of ERISA) other than a Multiemployer Plan (a) that is or was within the last six years maintained or sponsored by Parent, any Borrower, any of their respective
Subsidiaries or any ERISA Affiliate or to which Parent, any Borrower, any of their respective Subsidiaries or any ERISA Affiliate has within the last six years made or was obligated to make, contributions, and (b) that is intended to be
tax-qualified under Section 401(a) of the IRC. 
 “Rating Agencies” has the meaning specified therefor in
Section 2.17. 
 “Real Property” means any fee estates in real property now owned or hereafter acquired by
Parent, any Borrower or any of their respective Subsidiaries and the improvements thereto. 
 “Real Property Collateral”
means the Real Property identified on Schedule R-1 and any Real Property hereafter acquired by Parent, any Borrower or any of their respective Subsidiaries. 
 “Record” means information that is inscribed on a tangible medium or which is stored in an electronic or other medium and is retrievable in perceivable form. 
 “Register” has the meaning specified therefor in Section 13.1(h). 
 “Registered Loan” means any loan recorded on the Register pursuant to Section 13.1(h). 
 “Registered Note” has the meaning specified therefor in Section 2.16. 
 “Related Fund” has the meaning set forth in the definition of Eligible Transferee. 
 “Remedial Action” means all actions taken to (a) clean up, remove, remediate, contain, treat, monitor, assess, evaluate, or in any
way address Hazardous Materials in the indoor or outdoor environment, (b) prevent or minimize a release or threatened release of Hazardous Materials so they do not migrate or endanger or threaten to endanger public health or welfare or the
indoor or outdoor environment, (c) restore or reclaim natural resources or the environment, (d) perform any pre-remedial studies, investigations, or post-remedial operation and maintenance activities, or (e) conduct any other actions
with respect to Hazardous Materials required to comply with Environmental Laws. 
 “Replacement Lender” has the meaning
specified therefor in Section 14.2(a). 
 “Report” has the meaning specified therefor in
Section 15.17. 
 “Required Availability” means that the sum of (a) Excess Availability, plus
(b) Qualified Cash exceeds $4,000,000. 
 “Required Lenders” means, at any time, Lenders whose aggregate Pro Rata
Shares (calculated under clause (c) of the definition of Pro Rata Shares) equal or exceed 50.1%, provided, that at least two Lenders shall constitute “Required Lenders” at any time. 
 “Required Library” has the meaning specified therefor in the Security Agreement. 
  

 23 

 “Reserve Percentage” means, on any day, for any Lender, the maximum percentage
prescribed by the Board of Governors of the Federal Reserve System (or any successor Governmental Authority) for determining the reserve requirements (including any basic, supplemental, marginal, or emergency reserves) that are in effect on such
date with respect to eurocurrency funding (currently referred to as “eurocurrency liabilities”) of that Lender, but so long as such Lender is not required or directed under applicable regulations to maintain such reserves, the Reserve
Percentage shall be zero. 
 “Revolver Commitment” means, with respect to each Lender, its Revolver Commitment, and, with
respect to all Lenders, their Revolver Commitments, in each case as such Dollar amounts are set forth beside such Lender’s name under the applicable heading on Schedule C-1 or in the Assignment and Acceptance pursuant to which such
Lender became a Lender hereunder, as such amounts may be reduced or increased from time to time pursuant to assignments made in accordance with the provisions of Section 13.1. 
 “Revolver Usage” means, as of any date of determination, the amount of outstanding Advances. 
 “S&P” has the meaning specified therefor in the definition of Cash Equivalents. 
 “SEC” means the United States Securities and Exchange Commission and any successor thereto. 
 “Securities Account” means a “securities account” (as that term is defined in the Code). 
 “Securitization” has the meaning specified therefor in Section 2.17. 
 “Securitization Liabilities” has the meaning specified therefor in Section 2.17. 
 “Securitization Parties” has the meaning specified therefor in Section 2.17. 
 “Security Agreement” means a security agreement, in form and substance satisfactory to Agent, executed and delivered by Borrowers and
Guarantors to Agent. 
 “Seller” has the meaning specified therefor in the recitals of the Agreement. 
 “Senior Leverage Ratio” means, with respect to Parent and its Subsidiaries for any period, the ratio of (a) the aggregate
outstanding Indebtedness in respect of the Term Loan and the Advances as of the last day of the applicable period to (b) TTM EBITDA. 
 “Settlement” has the meaning specified therefor in Section 2.3(e)(i). 
 “Settlement
Date” has the meaning specified therefor in Section 2.3(e)(i). 
 “Solvent” means, with respect to any
Person on a particular date, that, such Person is not insolvent (as such term is defined in the Uniform Fraudulent Transfer Act). 
 “Source Code Escrow Agreement” means that certain Source Code Escrow Agreement, in form and substance satisfactory to Agent, among Agent, D.B. Zwirn, Loan Parties and an escrow agent satisfactory to Agent. 
  

 24 

 “Stock” means all shares, options, warrants, interests, participations, or other
equivalents (regardless of how designated) of or in a Person, whether voting or nonvoting, including common stock, preferred stock, or any other “equity security” (as such term is defined in Rule 3a11-1 of the General Rules and Regulations
promulgated by the SEC under the Exchange Act). 
 “Stock Purchase Agreement” has the meaning specified therefor in the
recitals of the Agreement. 
 “Subordinated Indebtedness” means (a) the Subordinated Notes and (b) any other
Indebtedness of Parent, any Borrower or any of their respective Subsidiaries the terms of which are satisfactory to Agent and which has been expressly subordinated in right of payment to all Indebtedness of Parent, any Borrower or any such
Subsidiary under the Loan Documents (i) by the execution and delivery of a subordination agreement, in form and substance satisfactory to Agent, or (ii) otherwise on terms and conditions (including subordination provisions, payment terms,
interest rates, covenants, remedies, defaults and other material terms) satisfactory to Agent. 
 “Subordinated Note
Documents” means, collectively, the Subordinated Note Purchase Agreement, the Subordinated Notes, and all agreements, instruments and other documents executed and delivered pursuant thereto or otherwise securing the Subordinated Notes.

 “Subordinated Note Purchase Agreement” means the Subordinated Note Purchase Agreement, dated as of the date hereof, by
and among Borrowers and the purchasers named therein. 
 “Subordinated Notes” means the Subordinated Notes, dated as of the
date hereof, issued by Borrowers to the purchasers named thereon pursuant to the Subordinated Note Purchase Agreement. 
 “Subsidiary” of a Person means a corporation, partnership, limited liability company, or other entity in which that Person directly or indirectly owns or controls the shares of Stock having ordinary voting power to elect a
majority of the board of directors (or appoint other comparable managers) of such corporation, partnership, limited liability company, or other entity. 
 “Swing Lender” means WFF or any other Lender that, at the request of Administrative Borrower and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender
under Section 2.3(d). 
 “Swing Loan” has the meaning specified therefor in Section 2.3(b).

 “Taxes” has the meaning specified therefor in Section 15.11. 
 “Term Loan” has the meaning specified therefor in Section 2.2. 
 “Term Loan Amount” means an amount equal to $75,000,000. 
 “Term Loan Cash Collateral Account” has the meaning specified therefor in Section 2.4(b)(i)(K). 
 “Term Loan Commitment” means, with respect to each Lender, its Term Loan Commitment, and, with respect to all Lenders, their Term Loan Commitments, in each case as such Dollar amounts are set forth
beside such Lender’s name under the applicable heading on Schedule C-1 or in the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder, as such amounts may be reduced or increased from time to time pursuant to
assignments made in accordance with the provisions of Section 13.1. 
  

 25 

 “Total Commitment” means, with respect to each Lender, its Total Commitment, and, with
respect to all Lenders, their Total Commitments, in each case as such Dollar amounts are set forth beside such Lender’s name under the applicable heading on Schedule C-1 attached hereto or on the signature page of the Assignment and
Acceptance pursuant to which such Lender became a Lender hereunder, as such amounts may be reduced or increased from time to time pursuant to assignments made in accordance with the provisions of Section 13.1. 
 “Trademark Security Agreement” has the meaning specified therefor in the Security Agreement. 
 “TTM EBITDA” means, as of any date of determination, EBITDA, as calculated on the last day of the most recently completed calendar month
(which may be such date of determination) on a trailing twelve (12) month basis. 
 “Typeface” has the meaning
specified therefor in the recitals of the Agreement. 
 “United States” means the United States of America. 
 “Voidable Transfer” has the meaning specified therefor in Section 16.6. 
 “Wells Fargo” means Wells Fargo Bank, National Association, a national banking association. 
 “WFF” means Wells Fargo Foothill, Inc., a California corporation. 
 “WFF and D.B. Zwirn Intercreditor Agreement” means the Intercreditor Agreement dated as of the date hereof by and between Agent and D.B.
Zwirn, as agent for the lenders party to the D.B. Zwirn Credit Agreement, as amended, modified, supplemented or restated from time to time. 
  

 26 

 FINAL VERSION 
 Schedule 3.1 
 The obligation of each Lender to make its initial
extension of credit provided for in the Agreement is subject to the fulfillment, to the satisfaction of Agent and each Lender (the making of such initial extension of credit by any Lender being conclusively deemed to be its satisfaction or waiver of
the following), of each of the following conditions precedent: 
 (a) the Closing Date shall occur on or before
November 5, 2004; 
 (b) Agent shall have received a letter duly executed by each Borrower and each Guarantor authorizing
Agent to file appropriate financing statements in such office or offices as may be necessary or, in the opinion of Agent, desirable to perfect the security interests to be created by the Loan Documents; 
 (c) Agent shall have received evidence that appropriate financing statements and other evidences of the Agent’s Liens have been duly
filed in such office or offices as may be necessary or, in the opinion of Agent, desirable to perfect the Agent’s Liens in and to the Collateral, and Agent shall have received satisfactory evidence of such filings; 
 (d) Agent shall have received each of the following documents, in form and substance satisfactory to Agent, duly executed, and each such
document shall be in full force and effect: 
 (i) the Copyright Security Agreement, 
 (ii) a disbursement letter executed and delivered by Borrowers to Agent regarding the extensions of credit to be made on the Closing Date,
the form and substance of which is satisfactory to Agent, 
 (iii) the Fee Letter, 
 (iv) the Guaranty, 
 (v) the D.B. Zwirn Loan Documents, 
 (vi) the Intercompany Subordination Agreement, 
 (vii) the Investor Intercreditor Agreement, 
 (viii) the Merger Agreement, 
 (ix) the Patent Security Agreement, 
 (x) the Perfection Certificate, 
 (xi) any Registered Note requested by a Lender, 
 (xii) the Security Agreement, together with
all certificates representing the shares of Stock pledged thereunder, as well as Stock powers with respect thereto endorsed in blank, 
 (xiii) the Stock Purchase Agreement, 

 (xiv) the Trademark Security Agreement, and 
 (xv) the WFF-D.B. Zwirn Intercreditor Agreement. 
 (e) Substantially simultaneously with the extensions of credit by the Lenders to the Borrowers on the Closing Date, Parent and Borrowers
shall have consummated all transactions contemplated by the Acquisition Documents and the D.B. Zwirn Loan Documents and furnished evidence thereof to Agent. Parent and Borrowers shall have delivered a certificate (dated as of the Closing Date) of an
Authorized Person attaching true and correct copies of the Acquisition Documents and the D.B. Zwirn Loan Documents. Such certificate of the Authorized Person shall certify that the attached documents are true and correct copies of the Acquisition
Documents and the D.B. Zwirn Loan Documents and that such documents have been entered into by the Loan Parties in compliance with all applicable laws and all necessary approvals and are in full force and effect; 
 (f) Agent shall have received a certificate from the Secretary of Administrative Borrower attesting that there exists no
(i) litigation, investigation or proceeding (judicial or administrative) pending or, to the best knowledge of Administrative Borrower, threatened, against any Loan Party, or any of its Subsidiaries by any Governmental Authority arising out of
the transactions contemplated by or effected in connection with the Acquisition Documents, the Loan Documents or the D.B. Zwirn Loan Documents, (ii) injunction, writ or restraining order restraining or prohibiting the transactions contemplated
by the Acquisition Documents or the consummation of the financing arrangements contemplated under the Loan Documents, or (iii) suit, action, investigation, proceeding (judicial or administrative) or ERISA Event pending or, to the best knowledge
of Administrative Borrower, threatened against any Loan Party or any of its respective Subsidiaries which could reasonably be expected to result in a Material Adverse Change; 
 (g) All director, stockholder, and material governmental and third party consents (including third party consents in respect of the
Microsoft Agreements) and approvals necessary in connection with each aspect of the Acquisition, and the transactions contemplated by the Loan Documents shall have been obtained or waived by Agent (without the imposition of any conditions that are
not acceptable to Agent) and shall remain in effect; all applicable waiting periods shall have expired without any adverse action being taken by any competent authority; and no law or regulation shall be applicable in the judgment of Agent that
restrains, prevents or imposes material adverse conditions upon any aspect of the Acquisition or transactions contemplated by the Loan Documents; 
 (h) Agent shall have received a certificate from the Secretary of each Borrower (i) attesting to the resolutions of such Borrower’s Board of Directors authorizing its execution, delivery, and performance of
the Agreement and the other Loan Documents to which such Borrower is a party, (ii) authorizing specific officers of such Borrower to execute the same, and (iii) attesting to the incumbency and signatures of such specific officers of such
Borrower; 
 (i) Agent shall have received copies of each Borrower’s Governing Documents, as amended, modified, or
supplemented to the Closing Date, certified by the Secretary of such Borrower; 
 (j) Agent shall have received a certificate
of status with respect to each Borrower, dated within 10 days of the Closing Date, such certificate to be issued by the appropriate officer of the jurisdiction of organization of such Borrower, which certificate shall indicate that such Borrower is
in good standing in such jurisdiction; 
 (k) Agent shall have received certificates of status with respect to each Borrower,
each dated within 30 days of the Closing Date, such certificates to be issued by the appropriate officer of the jurisdictions (other than the jurisdiction of organization of such Borrower) in which its failure to be duly qualified or licensed would
constitute a Material Adverse Change, which certificates shall indicate that such Borrower is in good standing in such jurisdictions; 
  

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 (l) Agent shall have received a certificate from the Secretary of each Guarantor
(i) attesting to the resolutions of such Guarantor’s Board of Directors authorizing its execution, delivery, and performance of the Loan Documents to which such Guarantor is a party, (ii) authorizing specific officers of such
Guarantor to execute the same and (iii) attesting to the incumbency and signatures of such specific officers of such Guarantor; 
 (m) Agent shall have received copies of each Guarantor’s Governing Documents, as amended, modified, or supplemented to the Closing Date, certified by the Secretary of such Guarantor; 
 (n) Agent shall have received a certificate of status with respect to each Guarantor, dated within 10 days of the Closing Date, such
certificate to be issued by the appropriate officer of the jurisdiction of organization of such Guarantor, which certificate shall indicate that such Guarantor is in good standing in such jurisdiction; 
 (o) Agent shall have received certificates of status with respect to each Guarantor, each dated within 30 days of the Closing Date, such
certificates to be issued by the appropriate officer of the jurisdictions (other than the jurisdiction of organization of such Guarantor) in which its failure to be duly qualified or licensed would constitute a Material Adverse Change, which
certificates shall indicate that such Guarantor is in good standing in such jurisdictions; 
 (p) Agent shall have received a
certificate of insurance, together with the endorsements thereto, as are required by Section 5.8, the form and substance of which shall be satisfactory to Agent; 
 (q) Agent shall have received an opinion of Borrowers’ counsel in form and substance satisfactory to Agent; 
 (r) Borrowers shall have the Required Availability after giving effect to the initial extensions of credit hereunder and under the D.B.
Zwirn Credit Agreement and the payment of all fees and expenses required to be paid by Borrowers on the Closing Date under this Agreement, the other Loan Documents, the D.B. Zwirn Loan Documents and the Acquisition Documents, and Agent shall have
received satisfactory evidence thereof; 
 (s) Agent shall have completed its business, legal, and collateral due diligence,
including (i) a collateral audit and review of Parent’s, Borrowers’ and their Subsidiaries’ books and records and verification of Parent’s and Borrowers’ representations and warranties to the Lender Group, the results
of which shall be satisfactory to Agent, (ii) a review of Parent’s, Borrowers’ and their respective Subsidiaries’ material agreements, the results of which shall be satisfactory to Agent, and (iii) a review of the accounting
practices and procedures of the Parent, Borrowers and their respective Subsidiaries, the results of which shall be satisfactory to Agent; 
 (t) Agent shall have completed a pre-funding audit of Borrowers and their Subsidiaries, the results of which shall be satisfactory to Agent; 
 (u) Agent shall have received completed reference checks with respect to Borrowers’ senior management, and any required Patriot Act
compliance, the results of which shall be satisfactory to Agent in its sole discretion; 
 (v) Agent shall have received a set
of Projections of Parent and Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and
underlying assumptions) satisfactory to Agent; 
  

 -3- 

 (w) Borrowers shall have paid all Lender Group Expenses incurred in connection with the
transactions evidenced by the Agreement and requested to be paid by Agent; 
 (x) Agent shall have received Uniform Commercial
Code, tax lien and litigation searches, the results of which shall be satisfactory to Agent; 
 (y) Parent shall have received
Net Cash Proceeds from the issuance of the Subordinated Notes and the equity investment by Investors, D.B. Zwirn and their respective affiliates consisting of cash in an aggregate amount not less than $73,000,000, and Agent shall have received
satisfactory evidence thereof; 
 (z) Agent shall have received copies of each of the Subordinated Note Documents and each of
the Material Contracts set forth on Schedule M-1, together with a certificate of the Secretary of Administrative Borrower certifying each such document as being a true, correct, and complete copy thereof and in full force and effect;

 (aa) Agent and its counsel shall be satisfied with the corporate structure of Parent and its Subsidiaries following the
Acquisition; 
 (bb) Borrowers shall have remitted by wire transfer to Agent all cash (and delivered all Cash Equivalents in
such manner as directed by Agent) of Borrowers utilized to calculate the Required Availability and such cash shall be deposited in the Agent’s Account; 
 (cc) Parent, Borrowers and each of their respective Subsidiaries shall have received all material licenses, approvals or evidence of other
actions required by any Governmental Authority in connection with the execution and delivery by Parent, Borrowers or their respective Subsidiaries of the Loan Documents and Acquisition Documents or with the consummation of the transactions
contemplated thereby that are required by law to be held or received; 
 (dd) Agent shall have received financial statements
of Monotype and its Subsidiaries for the quarter ended September 30, 2004, each materially consistent with the Borrowers’ business plan and financial projections delivered to Agent prior to the Closing Date and otherwise in form and
substance satisfactory to Agent; 
 (ee) Agent shall have determined, in its sole judgment, that no event or development shall
have occurred since December 31, 2003, which could result in a Material Adverse Change; and 
 (ff) Agent shall have
received evidence satisfactory to it that, as of the Closing Date, the result of (i) 2.80 times TTM EBITDA less (ii) $5,000,000, shall equal or exceed $75,000,000. 
 (gg) all other documents and legal matters in connection with the transactions contemplated by the Agreement shall have been delivered,
executed, or recorded and shall be in form and substance satisfactory to Agent. 
  

 -4- 

 FINAL VERSION 
 Schedule 5.2 
 Provide Agent (and if so requested by Agent, with copies
for each Lender) with each of the documents set forth below at the following times in form satisfactory to Agent: 
  

			
	Monthly (not later than 10 days after the end of each month)	  	 (a) a detailed aging, by total, of Parent’s and Borrowers’ Accounts, together with a reconciliation and supporting documentation for any
reconciling items noted (delivered electronically in an acceptable format, if Parent and Borrowers have implemented electronic reporting),
  
 (b) a summary aging, by vendor, of Parent’s, Borrowers’ and their respective Subsidiaries’ accounts payable and any book overdrafts (delivered
electronically in an acceptable format, if Borrowers have implemented electronic reporting) and an aging, by vendor, of any held checks, and
  
 (c) a detailed report regarding Parent’s, Borrowers’ and their respective Subsidiaries’ cash and Cash Equivalents, including an indication of which amounts
constitute Qualified Cash.

		
	Quarterly (not later than 45 days after the end of each fiscal quarter during each of Parent’s fiscal years)	  	 (d) a Facility Limiter Report, and
  
 (e) (i) a complete inventory of the Copyrights comprising the Required Library, as well as all other Copyrights, Patents and Trademarks that are registered or the subject
of pending applications for registration, which were acquired, generated or filed by Parent, any Borrower or any of their respective Subsidiaries during the prior period, and (ii) a report setting forth all new versions or material modifications to
intellectual property related to the Copyrights comprising the Required Library.

		
	Upon request by Agent	  	 (f) proof of payment of Parent’s, Borrowers’ and their respective Subsidiaries’ applicable taxes,
  
 (g) a report regarding Parent’s, Borrowers’ and their respective Subsidiaries’
accrued, but unpaid, ad valorem taxes, and
  
 (h) such other reports as to the
Collateral or the financial condition of Parent, Borrowers and their respective Subsidiaries, as Agent may reasonably request.

  

 -1- 

 FINAL VERSION 
 Schedule 5.3 
 Deliver to Agent, with copies to each Lender, each of the
financial statements, reports, or other items set forth set forth below at the following times in form satisfactory to Agent: 
  

			
	As soon as available, but in any event not later than (i) 30 days after the end of each month that is not the end of a fiscal quarter of Parent and (ii) 45 days after the end of each month that
is the end of a fiscal quarter of Parent	  	 (a) an unaudited consolidated and consolidating balance sheet, income statement, and statement of cash flow covering Parent’s and its
Subsidiaries’ operations during such month and during the period commencing on the first day of the applicable fiscal year and ending on the last day of such month,
  

(b) a Compliance Certificate, and
  
 (c) copies of Material Contracts entered into since the delivery of the previous Compliance Certificate, together with any amendments to any existing Material Contracts entered into since the delivery of the previous
Compliance Certificate.

		
	Quarterly (not later than 45 days after the end of each fiscal quarter during each of Parent’s fiscal years)	  	 (d) an unaudited consolidated and consolidating balance sheet, income statement, and statement of cash flow covering Parent’s and its
Subsidiaries operations during such quarter and during the period commencing on the first day of the applicable fiscal year and ending on the last day of such quarter,
  

(e) a Compliance Certificate, and
  
 (f) a detailed report regarding royalty payables for Parent, Borrowers and their respective Subsidiaries by top 12 printer OEMs.

		
	As soon as available, but in any event within 90 days after the end of each of Parent’s fiscal years	  	 (g) consolidated and consolidating financial statements of Parent and its Subsidiaries for each such fiscal year, audited, in the case of the
consolidated financial statements, by independent certified public accountants reasonably acceptable to Agent and certified, without any qualifications (including any (A) “going concern” or like qualification or exception, (B)
qualification or exception as to the scope of such audit, or (C) qualification which relates to the treatment or classification of any item and which, as a condition to the removal of such qualification, would require an adjustment to such item, the
effect of which would be to cause any noncompliance with the provisions of Section 6.16), by such accountants to have been prepared in accordance with GAAP (such audited financial statements to include a balance sheet, income statement, and
statement of cash flow and, if prepared, such accountants’ letter to management), and
  
 (h) a Compliance Certificate.

  

 -1- 

			
	As soon as available, but in any event within 30 days prior to the start of each of Parent’s fiscal years,	  	(i) copies of Parent’s and Borrowers’ Projections, in form and substance (including as to scope and underlying assumptions) satisfactory to Agent, in its Permitted Discretion, for the
forthcoming 3 years, year by year, and for the forthcoming fiscal year, month by month, certified by the chief financial officer of Parent or Administrative Borrower, as applicable, as being such officer’s good faith estimate of the financial
performance of Parent or Borrowers, as applicable, during the period covered thereby.
		
	If and when filed or delivered by Parent or any Borrower,	  	 (j) Form 10-Q quarterly reports, Form 10-K annual reports, and Form 8-K current reports,
  
 (k) any other filings made by Parent or any Borrower with the SEC, and
  
 (l) any monthly board reports (or other similar reports) provided by Parent or any Borrower to its
Board of Directors and any other information that is provided by Parent or any Borrower to its shareholders generally.

		
	Promptly, but in any event within 5 Business Days after Parent, any Borrower or any of their respective Subsidiaries has knowledge of any event or condition that constitutes a Default or an
Event of Default,	  	(m) notice of such event or condition and a statement of the curative action that Borrowers propose to take with respect thereto.
		
	Promptly, but in any event within 5 days after execution, receipt or delivery thereof,	  	 (n) a copy of any notice that any Loan Party executes or receives in connection with (i) any Subordinated Note Document or (ii) any Material Contract
regarding the occurrence of any event or development with respect to such Material Contract that could reasonably be expected to result in a Material Adverse Change,
  
 (o) copies of any notices of default or non-compliance delivered by or to any Loan Party in connection with the Acquisition Documents (to the extent not previously
delivered pursuant to Section 5.17(b)), and
  
 (p) copies of any notices of default
or non-compliance delivered by or to any Loan Party in connection with the D.B. Zwirn Loan Documents (to the extent not previously delivered pursuant to Section 5.18).

		
	Promptly after the commencement thereof, but in any event within 5 days after the service of process with respect thereto on Parent, any Borrower or any of their respective
Subsidiaries,	  	(q) notice of all actions, suits, or proceedings brought by or against Parent, any Borrower or any of their respective Subsidiaries before any Governmental Authority which reasonably could be
expected to result in a Material Adverse Change.
		
	Upon the request of Agent,	  	(r) any other information reasonably requested relating to the financial condition of Parent, Borrowers or their respective Subsidiaries.

  

 -2-

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