Document:

EX-10.3

Exhibit 10.3

FOURTH AMENDMENT TO CREDIT AGREEMENT AND AMENDMENT TO

SECURITY AGREEMENT AND PLEDGE AGREEMENT

     THIS FOURTH AMENDMENT TO CREDIT AGREEMENT AND AMENDMENT TO SECURITY AGREEMENT AND PLEDGE
AGREEMENT (this “Amendment”), dated as of June 29, 2009, is by and among BELDEN INC.
(formerly known as Belden CDT Inc.), a Delaware corporation (the “Borrower”), those
Material Domestic Subsidiaries of the Borrower party hereto (each a “Guarantor” and
collectively, the “Guarantors”), and WACHOVIA BANK, NATIONAL ASSOCIATION, as administrative
agent on behalf of the Lenders (as hereinafter defined) under the Credit Agreement (as hereinafter
defined) (in such capacity, the “Administrative Agent”). Capitalized terms used herein and
not otherwise defined herein shall have the meanings ascribed thereto in the Credit Agreement.

W I T N E S S E T H

     WHEREAS, the Borrower, the Guarantors, certain banks and financial institutions from time to
time party thereto (the “Lenders”) and the Administrative Agent are parties to that certain
Credit Agreement dated as of January 24, 2006 (as amended, modified, extended, restated, replaced,
or supplemented from time to time, the “Credit Agreement”);

     WHEREAS, the Credit Parties have requested the Lenders agree to amend certain provisions of
the Credit Agreement; and

     WHEREAS, the Required Lenders are willing to make such amendments to the Credit Agreement,
subject to the terms and conditions set forth herein.

     NOW, THEREFORE, in consideration of the agreements hereinafter set forth, and for other good
and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties
hereto agree as follows:

ARTICLE I

AMENDMENTS TO CREDIT DOCUMENTS

     1.1 Amendment to Credit Agreement. From and after the Amendment Effective Date (as
hereinafter defined), the Credit Agreement is amended in its entirety to read in the form of such
Credit Agreement attached hereto as Exhibit A to this Amendment.

     1.2 Amendment to Pledge Agreement. From and after the Amendment Effective Date, the
Pledge Agreement is hereby amended by adding the words “, to the extent feasible without incurring
adverse tax consequences,” in (a) Section 2(a) after the words “‘Pledged Capital Stock’),”
but before the words “including, but not limited to” and (b) at the end of Section 2(b)(ii).

 

 

     1.3 Amendment to Security Agreement. From and after the Amendment Effective Date, the
Security Agreement is hereby amended by (a) adding the words “(but only to the extent that such
Instruments may be pledged without incurring adverse tax consequences)” to the end of Section
2(a)(xii) and (b) amending and restating clause (xiv) in its entirety to read as follows: “all
Investment Property, but only to the extent that such Investment Property may be pledged without
incurring adverse tax consequences and limited to 65% of each class of the issued and outstanding
Capital Stock entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) owned by
such Obligor of each direct Foreign Subsidiary of such Obligor;”.

     1.4 Amendment to Schedules. From and after the Amendment Effective Date, Schedule
2.1(b)(i) and Schedule 9.6(c) of the Credit Agreement and Schedule 2(a) of the Pledge Agreement are
amended and restated in their entirety to read in the form of such Schedules attached hereto as
Exhibit B to this Amendment.

     1.5 Additional Schedule. From and after the Amendment Effective Date, Schedule
3.19(c) is hereby added to the Schedules to the Credit Agreement to read in the form of such
Schedule attached hereto as Exhibit C to this Amendment.

ARTICLE II

CONSENT

     2.1 Consent. Notwithstanding the provisions of the Credit Agreement to the contrary,
the Required Lenders hereby consent, on a one-time basis, to (a) the conversion by Belden
Technologies, Inc. from a corporation into a limited liability company and (b) Belden Technologies,
Inc. changing its name to Belden Technologies, LLC; provided that the Credit Parties
deliver copies of the corporate documents evidencing such conversion and name change in form and
substance satisfactory to the Administrative Agent.

     2.2 Effectiveness of Consent. This consent shall be effective only to the extent
specifically set forth herein and shall not (a) be construed as a waiver of any breach or default
other than as specifically waived herein nor as a waiver of any breach or default of which the
Lenders have not been informed by the Borrower, (b) affect the right of the Lenders to demand
compliance by the Borrower with all terms and conditions of the Credit Agreement, except as
specifically modified, consented to or waived by this Amendment, (c) be deemed a waiver of any
transaction or future action on the part of the Borrower requiring the Lenders’ or the Required
Lenders’ consent or approval under the Credit Agreement, or (d) except as consented to hereby, be
deemed or construed to be a waiver or release of, or a limitation upon, the Administrative Agent’s
or the Lenders’ exercise of any rights or remedies under the Credit Agreement or any other Credit
Document, whether arising as a consequence of any Event of Default which may now exist or
otherwise, all such rights and remedies hereby being expressly reserved.

2

 

ARTICLE III

REVOLVING COMMITTED AMOUNT

     Pursuant to Section 2.7(a) of the Credit Agreement, the Borrower hereby elects to permanently
reduce the Revolving Committed Amount to TWO-HUNDRED FIFTY MILLION DOLLARS ($250,000,000). The
Credit Parties and the Required Lenders hereby agree that, after giving effect to this Amendment on
the Amendment Effective Date (a) the Revolving Committed Amount shall be reduced to $250,000,000
and (b) the Revolving Commitments of each Revolving Lender shall be reduced pro rata to accommodate
such reduction of the Revolving Committed Amount in accordance with Section 2.12(a) of the Credit
Agreement. With respect to the voluntary commitment reduction made pursuant to this Article II,
the Required Lenders hereby waive the voluntary commitment reduction notice required by Section
2.7(a).

ARTICLE IV

CONDITIONS TO EFFECTIVENESS

     4.1 Closing Conditions. This Amendment shall become effective (the “Amendment
Effective Date”) upon satisfaction of the following conditions (in form and substance
reasonably acceptable to the Administrative Agent) on or prior to July 31, 2009:

     (a) Executed Amendment. The Administrative Agent shall have received a copy of this
Amendment duly executed by each of the Credit Parties and the Administrative Agent, on behalf of
the Required Lenders.

     (b) Executed Consents. The Administrative Agent shall have received executed
consents, in substantially the form of Exhibit D attached hereto, from the Required Lenders
authorizing the Administrative Agent to enter into this Amendment on their behalf. The delivery by
the Administrative Agent of its signature page to this Amendment shall constitute conclusive
evidence that the consents from the Required Lenders have been obtained and that the Amendment
Effective Date has occurred.

     (c) Consent and Approvals. All consents and approvals of the boards of directors,
shareholders, governmental authorities and other applicable material third parties necessary in
connection with this Amendment shall have been obtained.

     (d) Corporate and Capital Structure, etc. The Administrative Agent shall be satisfied
with the corporate and capital structure and management of the Borrower and its Subsidiaries after
giving effect to this Amendment, with all legal, tax, accounting, business and other matters
relating to this Amendment or to the Borrower and its Subsidiaries after giving effect to this
Amendment, and with the aggregate amount of fees and expenses payable in connection with the
consummation of this Amendment and the aggregate outstanding amount of Indebtedness of the Borrower
and its Subsidiaries, and any liens in connection therewith or otherwise, after giving effect to
this Amendment.

3

 

     (e) Material Adverse Change. Since December 31, 2008, no material adverse change
shall have occurred in the business, operations, property, assets or financial condition of the
Borrower and its subsidiaries taken as a whole which could reasonably be expected to have a
Material Adverse Effect.

     (f) No Litigation. There shall not exist any pending litigation or investigation
affecting or relating to any Credit Party or any of its Subsidiaries that in the reasonable
judgment of the Administrative Agent and Required Lenders could reasonably be expected to have a
Material Adverse Effect, that has not been settled, dismissed, vacated, discharged or terminated
prior to the Amendment Effective Date.

     (g) Officer’s Certificate. The Administrative Agent shall have received a certificate
from the Borrower that (i) each of the Borrower and the Guarantors is solvent and (ii) the Borrower
is in compliance with all financial covenants set forth in Section 5.9 of the Credit Agreement on a
pro forma basis after giving effect to this Amendment.

     (h) Legal Opinion. The Administrative Agent shall have received an opinion or
opinions of counsel for the Credit Parties, dated the Amendment Effective Date and addressed to the
Administrative Agent and the Lenders (which shall include, without limitation, opinions with
respect to the valid existence of each Credit Party and opinions as to the non-contravention of the
Credit Parties’ organizational documents and the Subordinated Note Documents and the documents for
all other publicly held or privately placed Indebtedness incurred in accordance with Section
6.1(p)).

     (i) Organizational Documents. The Administrative Agent shall have received:

     (i) Articles of Incorporation. A copy of the articles of incorporation of each
Credit Party certified by a secretary or assistant secretary of such Credit Party (pursuant
to a secretary’s certificate) as of the Amendment Effective Date to be true and correct and
in force and effect as of such date or certification that there have been no changes to the
articles of incorporation delivered to the Administrative Agent as of the Second Amendment
Effective Date.

     (ii) Bylaws. A copy of the bylaws of each Credit Party certified by a
secretary or assistant secretary of such Credit Party (pursuant to a secretary’s
certificate) as of the Amendment Effective Date to be true and correct and in force and
effect as of such date or certification that there have been no changes to the bylaws
delivered to the Administrative Agent as of the Second Amendment Effective Date.

     (iii) Resolutions. A copy of resolutions of the board of directors of each
Credit Party approving and adopting this Amendment, the transactions contemplated herein and
authorizing execution and delivery thereof, certified by a secretary or assistant secretary
of such Credit Party (pursuant to a secretary’s certificate) as of the Amendment Effective
Date to be true and correct and in force and effect as of such date.

4

 

     (iv) Good Standing. A copy of certificates of good standing, existence or its
equivalent with respect to each Credit Party certified as of a recent date by the
appropriate Governmental Authorities of the state of its incorporation and a certification
by a secretary or assistant secretary of such Credit Party that such Credit Party is in good
standing in each other jurisdiction where its ownership, lease or operation of property or
the conduct of its business requires such qualification, except to the extent that the
failure to so qualify and be in good standing could not reasonably be expected to have a
Material Adverse Effect.

     (v) Incumbency. An incumbency certificate of each Credit Party certified by a
secretary or assistant secretary (pursuant to a secretary’s certificate) to be true and
correct as of the Amendment Effective Date.

     (j) Intercompany Notes. The Administrative Agent shall have received all intercompany
notes in the possession of any of the Credit Parties and required to be pledged as Collateral
pursuant to Section 5.12, together with (i) applicable allonges or assignments as may be necessary
or appropriate to perfect the Administrative Agent’s and the Lenders’ security interest in such
Collateral and (ii) such other documentation reasonably requested by the Administrative Agent to
evidence the pledge of such Collateral.

     (k) Payment of Fees. The Administrative Agent shall have received from the Borrower
such fees and expenses that are payable in connection with the consummation of the transactions
contemplated hereby (including, without limitation, all fees payable pursuant to that certain
Engagement Letter, dated as of June 18, 2009, by and among Wachovia Bank, National Association,
Wachovia Capital Markets, LLC and the Borrower) and Moore & Van Allen PLLC shall have received from
the Borrower payment of all reasonable invoiced outstanding fees and expenses previously incurred
and all reasonable invoiced fees and expenses incurred in connection with this Amendment.

     (l) Subordinated Indebtedness. (i) The Administrative Agent shall have received
evidence that the Credit Parties shall have issued at least $200,000,000 of Subordinated
Indebtedness permitted to be incurred pursuant to Section 6.1(k) of the Credit Agreement (the
“Subordinated Indebtedness Issuance”) and (ii) the Borrower shall have paid down the
outstanding Loans, in accordance with Section 2.8(b)(v) of the Credit Agreement, in an aggregate
amount equal to the Net Cash Proceeds received by the Credit Parties from the Subordinated
Indebtedness Issuance.

     (m) Total Leverage Ratio. The Credit Parties shall demonstrate to the reasonable
satisfaction of the Administrative Agent that, after giving effect to the Subordinated Indebtedness
Issuance and the application of the proceeds thereof, on a Pro Forma Basis, the Total Leverage
Ratio, recalculated for the most recently ended quarter for which information is available, shall
be less than 3.25 to 1.0.

     (n) Default. No Default or Event of Default shall have occurred or be continuing both
before and after giving effect to the Subordinated Indebtedness Issuance.

5

 

     (o) 2009 Senior Subordinated Note Documents. The Administrative Agent shall have
received a copy, certified by an officer of the Borrower as true and complete, of each of the 2009
Senior Subordinated Note Indenture and the 2009 Senior Subordinated Notes, as originally executed
and delivered, together with all exhibits and schedules thereto.

     (p) Miscellaneous. All other documents and legal matters in connection with the
transactions contemplated by this Amendment shall be reasonably satisfactory in form and substance
to the Administrative Agent and its counsel.

ARTICLE V

MISCELLANEOUS

     5.1 Amended Terms. On and after the Amendment Effective Date, all references to the
Credit Agreement in each of the Credit Documents shall hereafter mean the Credit Agreement as
amended by this Amendment. Except as specifically amended hereby or otherwise agreed, the Credit
Agreement is hereby ratified and confirmed and shall remain in full force and effect according to
its terms.

     5.2 Representations and Warranties of Credit Parties. Each of the Credit Parties
represents and warrants as follows:

     (a) It has taken all necessary action to authorize the execution, delivery and
performance of this Amendment.

     (b) This Amendment has been duly executed and delivered by such Person and constitutes
such Person’s legal, valid and binding obligations, enforceable in accordance with its
terms, except as such enforceability may be subject to (i) bankruptcy, insolvency,
reorganization, fraudulent conveyance or transfer, moratorium or similar laws affecting
creditors’ rights generally and (ii) general principles of equity (regardless of whether
such enforceability is considered in a proceeding at law or in equity).

     (c) No consent, approval, authorization or order of, or filing, registration or
qualification with, any court or governmental authority or third party is required in
connection with the execution, delivery or performance by such Person of this Amendment.

     (d) After giving effect to this Amendment, the representations and warranties set forth
in Article III of the Credit Agreement are true and correct in all material respects as of
the date hereof (except for those which expressly relate to an earlier date).

     (e) After giving effect to this Amendment, no event has occurred and is continuing
which constitutes a Default or an Event of Default.

     (f) The Security Documents continue to create a valid security interest in, and Lien
upon, the Collateral, in favor of the Administrative Agent, for the benefit of the

6

 

Lenders,
which security interests and Liens are perfected in accordance with the terms of the
Security Documents and prior to all Liens other than Permitted Liens.

     (g) Except as specifically provided in this Amendment, the Credit Party Obligations are
not reduced or modified by this Amendment and are not subject to any offsets, defenses or
counterclaims.

     5.3 Reaffirmation of Credit Party Obligations. Each Credit Party hereby ratifies the
Credit Agreement and acknowledges and reaffirms (a) that it is bound by all terms of the Credit
Agreement applicable to it and (b) that it is responsible for the observance and full performance
of its respective Credit Party Obligations.

     5.4 Credit Document. This Amendment shall constitute a Credit Document under the
terms of the Credit Agreement.

     5.5 Further Assurances. The Credit Parties agree to promptly take such reasonable
action, upon the request of the Administrative Agent, as is necessary to carry out the intent of
this Amendment.

     5.6 Entirety. This Amendment and the other Credit Documents embody the entire
agreement among the parties hereto and supersede all prior agreements and understandings, oral or
written, if any, relating to the subject matter hereof.

     5.7 Counterparts; Telecopy. This Amendment may be executed in any number of
counterparts, each of which when so executed and delivered shall be an original, but all of which
shall constitute one and the same instrument. Delivery of an executed counterpart to this
Amendment by telecopy or other electronic means shall be effective as an original and shall
constitute a representation that an original will be delivered.

     5.8 GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND
ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK (INCLUDING SECTIONS 5-1401 AND 5-1402
OF THE NEW YORK GENERAL OBLIGATIONS LAW).

     5.9 Successors and Assigns. This Amendment shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and permitted assigns.

     5.10 Consent to Jurisdiction; Service of Process; Waiver of Jury Trial. The
jurisdiction, services of process and waiver of jury trial provisions set forth in Sections 9.14
and 9.17 of the Credit Agreement are hereby incorporated by reference, mutatis mutandis.

[remainder of page intentionally left blank]

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BELDEN INC.

FOURTH AMENDMENT TO CREDIT AGREEMENT AND AMENDMENT TO SECURITY AGREEMENT AND PLEDGE AGREEMENT

     IN WITNESS WHEREOF the Credit Parties and the Administrative Agent (on behalf of the Required
Lenders) have caused this Amendment to be duly executed on the date first above written.

	 	 	 	 	 
	BORROWER:	 	BELDEN INC. (formerly known as Belden CDT Inc.),
 a Delaware
corporation
	 
	 	 	 	 
	 

	 	By:	 	/s/  Stephen H. Johnson
	 

	 	 	 	 
	 

	 	Name:	 	Stephen H. Johnson
	 

	 	Title:	 	Treasurer
	 
	 	 	 	 
	GUARANTORS:	 	BELDEN WIRE & CABLE COMPANY,

a Delaware corporation
	 
	 	 	 	 
	 

	 	By:	 	/s/ Stephen H. Johnson
	 

	 	 	 	 
	 

	 	Name:	 	Stephen H. Johnson
	 

	 	Title:	 	Treasurer
	 
	 	 	 	 
	 	 	BELDEN CDT NETWORKING, INC.,

a Washington corporation
	 
	 	 	 	 
	 

	 	By:	 	/s/ Stephen H. Johnson 
	 

	 	 	 	 
	 

	 	Name:	 	Stephen H. Johnson
	 

	 	Title:	 	Treasurer
	 
	 	 	 	 
	 	 	NORDX/CDT CORP.,

a Delaware corporation
	 
	 	 	 	 
	 

	 	By:	 	/s/ Stephen H. Johnson
	 

	 	 	 	 
	 

	 	Name:	 	Stephen H. Johnson 
	 

	 	Title:	 	Treasurer

 

BELDEN INC.

FOURTH AMENDMENT TO CREDIT AGREEMENT AND AMENDMENT TO SECURITY AGREEMENT AND PLEDGE AGREEMENT

	 	 	 	 	 
	 	 	THERMAX/CDT, INC.,

a Delaware corporation
	 
	 	 	 	 
	 

	 	By:	 	/s/ Stephen H. Johnson 
	 

	 	 	 	 
	 

	 	Name:	 	Stephen H. Johnson
	 

	 	Title:	 	Treasurer
	 
	 	 	 	 
	 	 	BELDEN HOLDINGS, INC.,

a Delaware corporation
	 
	 	 	 	 
	 

	 	By:	 	/s/ Stephen H. Johnson 
	 

	 	 	 	 
	 

	 	Name:	 	Stephen H. Johnson
	 

	 	Title:	 	Treasurer
	 
	 	 	 	 
	 	 	BELDEN TECHNOLOGIES, LLC,

a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:	 	/s/ Stephen H. Johnson 
	 

	 	 	 	 
	 

	 	Name:	 	Stephen H. Johnson
	 

	 	Title:	 	Treasurer
	 
	 	 	 	 
	 	 	BELDEN 1993 INC. (formerly known as Belden Inc.),

a Delaware corporation
	 
	 	 	 	 
	 

	 	By:	 	/s/ Stephen H. Johnson 
	 

	 	 	 	 
	 

	 	Name:	 	Stephen H. Johnson
	 

	 	Title:	 	Treasurer
	 
	 	 	 	 
	 	 	CDT INTERNATIONAL HOLDINGS INC.,

a Delaware corporation
	 
	 	 	 	 
	 

	 	By:	 	/s/ Stephen H. Johnson 
	 

	 	 	 	 
	 

	 	Name:	 	Stephen H. Johnson
	 

	 	Title:	 	Treasurer

 

BELDEN INC.

FOURTH AMENDMENT TO CREDIT AGREEMENT AND AMENDMENT TO SECURITY AGREEMENT AND PLEDGE AGREEMENT

	 	 	 	 	 
	ADMINISTRATIVE AGENT:	 	WACHOVIA BANK, NATIONAL ASSOCIATION,

as a Lender and as Administrative Agent on behalf of the

Required Lenders
	 
	 	 	 	 
	 

	 	By:	 	/s/ C. Jeffrey Seaton
	 

	 	 	 	 
	 	 	Name: C. Jeffrey  Seaton
	 	 	Title: Managing Director

 

EXHIBIT A

AMENDED CREDIT AGREEMENT

[see attached]

 

EXHIBIT

B

AMENDED SCHEDULES

 

 

Schedule 2.1(b)(i)

To the Credit Agreement

[FORM OF]

NOTICE OF BORROWING 

	 	 	 
	TO:

	 	Wachovia Bank, National Association, as Administrative Agent
	 
	 	 
	RE:

	 	Credit Agreement, dated as of January 24, 2006, by and among Belden
Inc., a Delaware corporation (the “Borrower”), the Material Domestic
Subsidiaries of the Borrower from time to time party thereto
(collectively the “Guarantors”), the lenders from time to time party
thereto (the “Lenders”) and Wachovia Bank, National Association, as
administrative agent for the Lenders (the “Administrative
Agent”),
(as amended, modified, extended, restated, replaced, or supplemented
from time to time, the “Credit Agreement”; capitalized terms used
herein and not otherwise defined shall have the meanings set forth
in the Credit Agreement)
	 
	 	 
	DATE:

	 	[Date]

     Pursuant to Section [2.1(b)(i)] [2.4(b)(i)] of the Credit Agreement, the Borrower hereby
requests the following (the “Proposed Borrowing”):

I. Revolving Loans be made as follows:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Interest	 
	 	 	 	 	 	 	 	 	 	 	Interest	 	 	Period	 
	 	 	 	 	 	 	 	 	 	 	Rate	 	 	(one, two, three or six	 
	 	 	 	 	 	 	Currency	 	 	(Alternate Base Rate/	 	 	months	 
	Date	 	Amount	 	 	(Dollars or Euros)	 	 	LIBOR Rate)	 	 	— for LIBOR Rate only)	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 	 	 	 	 
	 

	 	NOTE:
	 	REVOLVING LOAN BORROWINGS WHICH ARE ALTERNATE BASE RATE BORROWINGS MUST BE IN
MINIMUM AGGREGATE AMOUNTS OF $1,000,000 AND IN INTEGRAL MULTIPLES OF $1,000,000 IN
EXCESS THEREOF (OR THE REMAINING AMOUNT OF THE COMMITTED REVOLVING AMOUNT, IF LESS).
REVOLVING LOAN BORROWINGS WHICH ARE LIBOR RATE BORROWINGS MUST BE IN MINIMUM AGGREGATE
AMOUNTS OF $5,000,000 AND IN INTEGRAL MULTIPLES OF $1,000,000 IN EXCESS THEREOF (OR THE
REMAINING AMOUNT OF THE COMMITTED REVOLVING AMOUNT, IF LESS).

II. Swingline Loans to be made on [date] as follows:

     Swingline Loans requested:

          (1)       Total Amount of Swingline Loans       $                    

	 	 	 	 	 
	 

	 	NOTE:
	 	SWINGLINE LOAN BORROWINGS MUST BE IN MINIMUM AMOUNTS OF $500,000 AND IN
INTEGRAL AMOUNTS OF $100,000 IN EXCESS THEREOF.

 

 

     Terms defined in the Credit Agreement shall have the same meanings when used herein.

     The undersigned hereby certifies that the following statements are true on the date hereof and
will be true on the date of the Proposed Borrowing:

     (A) the representations and warranties made by the Credit Parties in the Credit
Agreement, in the Security Documents or which are contained in any certificate furnished at
any time under or in connection therewith shall (i) with respect to representations and
warranties that contain a materiality qualification, be true and correct and (ii) with
respect to representations and warranties that do not contain a materiality qualification,
be true and correct in all material respects, in each case on and as of the date of such
Extension of Credit as if made on and as of such date (except for those which expressly
relate to an earlier date);

     (B) no Default or Event of Default shall have occurred and be continuing on such date
or after giving effect to the Extension of Credit to be made on such date unless such
Default or Event of Default shall have been waived in accordance with the Credit Agreement;

     (C) immediately after giving effect to the making of any such Extension of Credit (and
the application of the proceeds thereof), (i) the sum of the aggregate principal amount of
outstanding Revolving Loans plus outstanding Swingline Loans plus
outstanding LOC Obligations shall not exceed the Revolving Committed Amount then in effect,
(ii) the LOC Obligations shall not exceed the LOC Committed Amount and (iii) the Swingline
Loans shall not exceed the Swingline Committed Amount;

     (D) all conditions set forth in such Sections 2.1 or 2.4 of the Credit Agreement, as
applicable, have been satisfied; and

     (E) as demonstrated on Exhibit A attached hereto, after giving effect to such
Extension of Credit on a Pro Forma Basis, the Credit Parties are in compliance with Section
4.2(g) of the Credit Agreement.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

 

	 	 	 	 	 
	 	Very truly yours,

BELDEN INC.,

a Delaware corporation

 	 
	 	By:  	 	 
	 	Name:  	 	 
	 	Title:  	 	 

 

 

	 	 	 	 	 

Exhibit A 

to Notice of Borrowing

Total Leverage Ratio Calculations

[TO BE COMPLETED BY BORROWER]

 

 

Schedule 9.6(c)

To the Credit Agreement

[FORM OF]

COMMITMENT TRANSFER SUPPLEMENT

     Reference is made to the Credit Agreement, dated as of January 24, 2006 (as amended, restated,
supplemented or otherwise modified, the “Credit Agreement”), by and among Belden Inc., a
Delaware corporation (the “Borrower”), the Material Domestic Subsidiaries of the Borrower
from time to time party thereto (collectively the “Guarantors”), the lenders from time to
time party thereto (the “Lenders”) and Wachovia Bank, National Association, as
administrative agent for the Lenders (the “Administrative Agent”). Unless otherwise
defined herein, terms defined in the Credit Agreement and used herein shall have the meanings
provided in the Credit Agreement.

                                                                  (the “Transferor Lender”
) and
                                                             (the “Purchasing Lender”) agree as follows:

     1. For an agreed consideration, the Transferor Lender hereby irrevocably sells and assigns to
the Purchasing Lender, and the Purchasing Lender hereby irrevocably purchases and assumes from the
Transferor Lender, as of the Transfer Funding Date (as defined below), (a) all of the Transferor
Lender’s rights and obligations under the Credit Agreement with respect to those credit facilities
contained in the Credit Agreement as set forth on Schedule 1, and all instruments delivered
pursuant thereto to the extent related to the principal amount and Commitment Percentage set forth
on Schedule 1 attached hereto of all of such outstanding rights and obligations of the
Transferor Lender under the respective facilities set forth on Schedule 1 (including any
letters of credit, guarantees, and swingline loans included in such facilities) and (b) to the
extent permitted to be assigned under applicable law, all claims, suits, causes of action and any
other right of the Transferor Lender (in its capacity as a Lender) against any Person, whether
known or unknown, arising under or in connection with the Credit Agreement, any other documents or
instruments delivered pursuant thereto or the loan transactions governed thereby or in any way
based on or related to any of the foregoing, including, but not limited to, contract claims, tort
claims, malpractice claims, statutory claims and all other claims at law or in equity related to
the rights and obligations sold and assigned pursuant to clause (a) above (the rights and
obligations sold and assigned pursuant to clauses (a) and (b) above being referred to herein
collectively as, the “Assigned Interest”). Such sale and assignment is without recourse to
the Transferor Lender and, except as expressly provided in this Commitment Transfer Supplement,
without representation or warranty by the Transferor Lender.

     2. The Transferor Lender (a) represents and warrants that (i) it is the legal and beneficial
owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien,
encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all
action necessary, to execute and deliver this Commitment Transfer Supplement and to consummate the
transactions contemplated hereby; (b) assumes no responsibility with respect to (i) any statements,
warranties or representations made in or in connection with the Credit Agreement or any other
Credit Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency
or value of the Credit Documents or any collateral thereunder, (iii) the financial condition of the
Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in respect of any
Credit Document or (iv) the performance or observance by the Borrower, any of its Subsidiaries or
Affiliates or any other Person of any of their respective obligations under the Credit Documents;
and (c) in the case of an assignment of the entire remaining amount of the Transferor Lender’s
Commitments, attaches any Note(s) held by it evidencing the Assigned Interest and requests that the
Administrative Agent exchange the attached Note(s) for a new Note(s) payable to the Purchasing
Lender.

     3. The Purchasing Lender (a) represents and warrants that (i) it has full power and
authority, and has taken all action necessary, to execute and deliver this Commitment Transfer
Supplement and to consummate the transactions contemplated hereby and to become a Lender under the
Credit Agreement, (ii) from and after the Effective Date (as defined below), it shall be bound by
the provisions of the Credit Documents as a Lender thereunder and, to the extent of the Assigned
Interest, shall have the obligations of a Lender thereunder and (iii) it has received a copy of the
Credit Agreement, together with copies of the financial statements referred to in Section 3.1
thereof, the financial statements delivered pursuant to Section 5.1 thereof, if any, and such other
documents and information as it has deemed appropriate to make its own credit analysis and decision
to enter into this Commitment Transfer Supplement and to purchase the Assigned Interest on the
basis of which it has made such analysis and decision independently and without reliance on the
Administrative Agent or any other Lender; (b) agrees that it will (i) independently and without
reliance upon the Transferor Lender, the Administrative Agent or any other Lender and based on such
documents and information as it shall deem appropriate at the time, continue to make its own
credit decisions in taking or not taking action under the Credit Agreement, the other Credit
Documents or any other

 

 

instrument or document furnished pursuant hereto or thereto and (ii) perform
in accordance with its terms all the obligations which by the terms of the Credit Documents are
required to be performed by it as a Lender including, if it is organized under the laws of a
jurisdiction outside the United States, its obligations pursuant to Section 2.18 of the Credit
Agreement; and (c) appoints and authorizes the Administrative Agent to take such action as agent on
its behalf and to exercise such powers and discretion under the Credit Agreement, the other Credit
Documents or any other instrument or document furnished pursuant hereto or thereto as are delegated
to the Administrative Agent by the terms thereof, together with such powers as are incidental
thereto.

     4. The
effective date of this Commitment Transfer Supplement shall be _________, ___ (the
“Effective Date”). Following the execution of this Commitment Transfer Supplement, it will
be delivered to the Administrative Agent for acceptance by it and recording by the Administrative
Agent pursuant to the Credit Agreement, effective as of the Effective Date.

     5. The
funding date for this Commitment Transfer Supplement shall be _________, ___ (the
“Transfer Funding Date”). On the Transfer Funding Date, any registration and processing
fee shall be due and payable to the Administrative Agent pursuant to Section 9.6 of the Credit
Agreement.

     6. Upon such acceptance, recording and payment of applicable registration and processing
fees, from and after the Transfer Funding Date, the Administrative Agent shall make all payments in
respect of the Assigned Interest (including payments of principal, interest, fees and other
amounts) to the Purchasing Lender whether such amounts have accrued prior to the Transfer Funding
Date or accrue subsequent to the Transfer Funding Date. The Transferor Lender and the Purchasing
Lender shall make all appropriate adjustments in payments by the Administrative Agent for periods
prior to the Transfer Funding Date or, with respect to the making of this assignment, directly
between themselves.

     7. From and after the Transfer Funding Date, (a) the Purchasing Lender shall be a party to
the Credit Agreement and, to the extent provided in this Commitment Transfer Supplement, have the
rights and obligations of a Lender thereunder and under the other Credit Documents and shall be
bound by the provisions thereof and (b) the Transferor Lender shall, to the extent provided in this
Commitment Transfer Supplement, relinquish its rights and be released from its obligations under
the Credit Agreement.

     8. This Commitment Transfer Supplement shall be governed by, and construed and enforced in
accordance with, the laws of the State of New York without regard to conflict of laws principles
thereof (other than Sections 5-1401 and 5-1402 of The New York General Obligations Law).

     IN WITNESS WHEREOF, the parties hereto have caused this Commitment Transfer Supplement to be
executed as of the date first above written by their respective duly authorized officers on
Schedule 1 hereto.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

 

SCHEDULE 1

TO COMMITMENT TRANSFER SUPPLEMENT

Effective Date:                     , ___

Name of Transferor Lender:                     

Name of Purchasing Lender:                     

Transfer Funding Date of Assignment:                     

Credit
Facility CUSIP Number: 07745EAB0

Assigned Interest:

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Commitment Type	 	 	 	 	 	 	 	 	 	 
	Assigned (Extended	 	 	 	 	 	 	 	 	 	 
	Revolving	 	 	 	 	 	Principal Amount of	 	 	 	 
	Commitment or	 	Principal Amount of	 	Non-Extending	 	 	 	 
	Non-Extending	 	Extended Revolving	 	Revolving	 	Commitment	 	 
	Revolving	 	Commitment	 	Commitment	 	Percentage	 	 
	Commitment)	 	Assigned	 	Assigned	 	Assigned1	 	CUSIP Number
	 
	 	$	 	 	 	 	 	 	 	 	%	 	 	 	07745EAB0	 

	 	 	 	 	 	 	 	 	 	 	 
	[NAME OF PURCHASING LENDER]	 	 	 	[NAME OR TRANSFEROR LENDER]	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By

	 	 	 	 	 	By	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:	 	 
	 

	 	Title:
	 	 	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Accepted (if required):	 	 	 	Consented to (if required):	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	WACHOVIA BANK, NATIONAL ASSOCIATION,

as the Administrative Agent, Swingline Lender and

Issuing Lender	 	 	 	BELDEN INC.,

a Delaware corporation,

as the Borrower	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 

	 	Name:
	 	 	 	 	 	Name:	 	 
	 

	 	Title:
	 	 	 	 	 	Title:	 	 

 

			
	1	 	Calculate the Commitment Percentage that is assigned to
at least 9 decimal places and show as a percentage of the aggregate commitments
of all Lenders.

 

Schedule 2(a)

To the Pledge Agreement

PLEDGED CAPITAL STOCK

PLEDGED CAPITAL STOCK

	 	 	 	 	 	 	 	 	 
	 	 	Name of	 	Number of	 	Certificate	 	Percentage
	Pledgor	 	Subsidiary	 	Shares	 	Number	 	Ownership
	Belden Inc.
	 	Belden 1993 Inc.	 	100	 	1	 	100
	 
	 	Belden CDT Networking, Inc.	 	1,000	 	R1	 	100
	 
	 	Red Hawk/CDT, Inc.	 	100	 	2	 	100
	 
	 	Trapeze Networks, Inc.	 	1,000	 	CS-1	 	100
	 	 
	Belden 1993 Inc.
	 	Belden Wire & Cable Company	 	9,000	 	4	 	100
	 
	 	Belden Insurance Company	 	100,000	 	1	 	100
	 
	 	Belden Communications Holding, Inc.	 	100	 	1	 	100
	 
	 	Hirschmann Automation and Control Inc.	 	1,000	 	 	 	100
	 	 
	Belden Wire & Cable Company
	 	Belden Holdings, Inc.	 	100	 	1	 	61
	 
	 	Belden Technologies LLC	 	10,000	 	1	 	100
	 
	 	Belden CDT International Inc.	 	100	 	1	 	100
	 
	 	Belden Asia (Thailand) Co. Ltd.	 	 	 	 	 	100
	 
	 	Belden Australia Pty Ltd.	 	 	 	 	 	100

 

 

	 	 	 	 	 	 	 	 	 
	 	 	Name of	 	Number of	 	Certificate	 	Percentage
	Pledgor	 	Subsidiary	 	Shares	 	Number	 	Ownership
	 
	 	Belden Wire & Cable Trading (Shanghai) Co. Ltd.	 	2,700,002	 	 	 	100
	 
	 	Belden Brasil Commercial Ltda.	 	200	 	 	 	100
	 
	 	Belden Electronics Argentina S.A.	 	12,000	 	 	 	100
	 
	 	Belden Electronics S.A. de C.V.	 	49	 	 	 	98
	 
	 	Belden de Sonora de C.V.	 	49	 	 	 	98
	 
	 	Belden Technologies S.r.l.	 	 	 	 	 	99
	 	 
	Belden CDT International Inc.
	 	Belden Singapore Private Limited	 	1	 	 	 	100
	 
	 	Belden de Sonora de C.V.	 	1	 	 	 	2
	Belden CDT Networking, Inc.
	 	CDT International Holdings Inc.	 	100	 	2	 	100
	 	 
	CDT International Holdings Inc
	 	XMark/CDT, Inc.	 	100	 	16	 	100
	 
	 	Dearborn/CDT Corp.	 	100	 	2	 	100
	 
	 	Thermax/CDT, Inc.	 	100	 	 	 	100
	 
	 	A.W. Industries Inc.	 	13,500	 	 	 	100
	 
	 	Nordx/CDT Corp.	 	100	 	1	 	100
	 
	 	Nordx/CDT IP Corp.	 	100	 	 	 	100
	 
	 	Tennecast/CDT Inc.	 	100	 	 	 	100
	 
	 	Belden Asia (Hong Kong) Limited	 	100,000	 	 	 	100

 

 

	 	 	 	 	 	 	 	 	 
	 	 	Name of	 	Number of	 	Certificate	 	Percentage
	Pledgor	 	Subsidiary	 	Shares	 	Number	 	Ownership
	 
	 	Belden Holdings, Inc.	 	64	 	 	 	39
	 
	 	Belden Global CV	 	uncertificated	 	 	 	12.87
	 
	 	 	 	interest in a	 	 	 	 
	 
	 	 	 	limited partnership	 	 	 	 
	 	 
	Belden Holdings, Inc.
	 	Belden Global CV	 	uncertificated	 	 	 	87.13
	 
	 	 	 	interest in a	 	 	 	 
	 
	 	 	 	limited partnership	 	 	 	 
	 	 
	Trapeze Networks, Inc.
	 	Trapeze Networks Ltd.	 	 	 	 	 	100
	 
	 	Trapeze Networks K.K.	 	 	 	 	 	100
	 
	 	Trapeze Networks B.V.	 	 	 	 	 	100

With respect to the following entities which are listed above:

A.W. Industries

Belden Asia (Hong Kong) Limited

Belden Asia (Thailand) Co. Ltd.

Belden Australia Pty. Ltd.

Belden Brasil Commercial Ltda.

Belden Electronics Argentina S.A.

Belden Electronics S.A. de C.V.

Belden de Sonora de C.V.

Belden Singapore Private Limited

Belden Technologies S.r.l.

Belden Wire & Cable Trading (Shanghai) Co. Ltd.

Hirschmann Automation and Control Inc.

Nordx/CDT Corp.

Nordx/CDT IP Corp.

Tennecast/CDT Inc.

Trapeze Networks Ltd.

Trapeze Networks K.K.

Trapeze Networks B.V.

(collectively the “Excluded Entities”), notwithstanding anything stated in the Credit Agreement,
the Pledge Agreement, the Security Agreement or the other Credit Documents to the contrary, due to
the fact that the certificates representing the Capital Stock of the Excluded Entities are not
readily available (or such Capital Stock is uncertificated) and the Excluded Entities that issued
such Capital Stock are dormant, being dissolved or of immaterial value, the Credit Parties shall
not be obligated to deliver to the Administrative Agent or any Lender any certificates

 

 

representing
the Capital Stock or other equity interests of the Excluded Entities, and the Capital Stock and
other equity interests of the Excluded Entities shall be considered excluded from the Perfection
Collateral.

 

 

EXHIBIT C

ADDITIONAL SCHEDULE

Schedule 3.19(c)

INTERCOMPANY NOTES

Loan Facility Agreement dated as of March 22, 2007 between Belden Holdings, Inc. and Belden Global
C.V., with an outstanding principal balance as of the Fourth Amendment Effective Date of
$249,363,022.

 

 

EXHIBIT D

FORM OF

LENDER CONSENT

See Attached.

 

 

LENDER CONSENT

     This Lender Consent is given pursuant to the Credit Agreement, dated as of January 24, 2006
(as previously amended and modified, the “Credit Agreement”; and as further amended by the
Amendment (as hereinafter defined), the “Amended Credit Agreement”), by and among BELDEN
INC. (formerly known as Belden CDT Inc.), a Delaware corporation (the “Borrower”), those
Material Domestic Subsidiaries of the Borrower party thereto (each a “Guarantor” and
collectively, the “Guarantors”), the lenders and other financial institutions from time to
time party thereto (the “Lenders”) and WACHOVIA BANK, NATIONAL ASSOCIATION, as
administrative agent on behalf of the Lenders (in such capacity, the “Administrative
Agent”). Capitalized terms used herein shall have the meanings ascribed thereto in the Credit
Agreement unless otherwise defined herein.

     The undersigned hereby approves the Fourth Amendment to Credit Agreement and Amendment to
Security Agreement and Pledge Agreement (the “Amendment”), to be dated on or about June 29,
2009, by and among the Borrower, the Guarantors party thereto and the Administrative Agent and
hereby authorizes the Administrative Agent to execute and deliver the Amendment on its behalf and,
by its execution below, the undersigned agrees to be bound by the terms and conditions of the
Amendment and the Amended Credit Agreement. Delivery of this Lender Consent by telecopy shall be
effective as an original.

     A
duly authorized officer of the undersigned has executed this Lender Consent as of ______ ___,
2009.

o Pursuant to Section 2.2 of the Amended Credit Agreement,                                          (Lender Name)
elects to extend $                                         of its Revolving Commitment which shall constitute Extended
Revolving Commitments under the Amended Credit Agreement.

	 	 	 	 	 	 	 
	 

	 	 	,	 	 	 
	 

	 	 

as a Lender
	 	 	 	 

	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	Name:
	 	 

	 	 
	 

	 	Title:
	 	 

	 	 
	 

	 	 	 	 

	 	 

Consented
to:2

BELDEN INC. (formerly known as Belden CDT Inc.), a Delaware corporation

	 	 	 	 	 
	By:
	 	 	 	 
	Name:

	 	 

	 	 
	Title:
	 	 	 	 

 

			
	2	 	Borrower’s consent is only required to the extent such Lender has elected to
extend its Revolving Commitment.

 

 

[EXHIBIT A]

Published CUSIP Number: 07745EAB0

 

$250,000,000

CREDIT AGREEMENT

among

BELDEN INC. (formerly Belden CDT Inc.),

as Borrower,

and

THE MATERIAL DOMESTIC SUBSIDIARIES OF THE BORROWER

FROM TIME TO TIME PARTIES HERETO,

as Guarantors,

THE LENDERS PARTIES HERETO,

and

WACHOVIA BANK, NATIONAL ASSOCIATION,

as Administrative Agent,

U.S. BANK NATIONAL ASSOCIATION,

as Syndication Agent

and

BANK OF AMERICA, N.A.,

NATIONAL CITY BANK and

FIFTH THIRD BANK,

as Co-Documentation Agents

Dated as of January 24, 2006

WACHOVIA CAPITAL MARKETS, LLC,

as Sole Lead Arranger and Book Runner

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 	 	Page	 
	ARTICLE I DEFINITIONS AND OTHER PROVISIONS
	 	 	1	 
	Section 1.1 Defined Terms
	 	 	1	 
	Section 1.2 Other Definitional Provisions
	 	 	32	 
	Section 1.3 Accounting Terms
	 	 	32	 
	Section 1.4 Resolution of Drafting Ambiguities
	 	 	33	 
	Section 1.5 Time References
	 	 	33	 
	Section 1.6 Exchange Rates; Currency Equivalents
	 	 	33	 
	 
	 	 	 	 
	ARTICLE II THE LOANS; AMOUNT AND TERMS
	 	 	34	 
	Section 2.1 Revolving Loans
	 	 	34	 
	Section 2.2 Extension of Revolving Commitments
	 	 	36	 
	Section 2.3 Letter of Credit Subfacility
	 	 	37	 
	Section 2.4 Swingline Loan Subfacility
	 	 	41	 
	Section 2.5 Incremental Facility
	 	 	42	 
	Section 2.6 Fees
	 	 	44	 
	Section 2.7 Commitment Reductions
	 	 	45	 
	Section 2.8 Prepayments
	 	 	46	 
	Section 2.9 Default Rate and Payment Dates
	 	 	48	 
	Section 2.10 Conversion Options
	 	 	48	 
	Section 2.11 Computation of Interest and Fees; Usury
	 	 	49	 
	Section 2.12 Pro Rata Treatment and Payments
	 	 	50	 
	Section 2.13 Non-Receipt of Funds by the Administrative Agent
	 	 	52	 
	Section 2.14 Inability to Determine Interest Rate
	 	 	53	 
	Section 2.15 Illegality
	 	 	53	 
	Section 2.16 Requirements of Law
	 	 	54	 
	Section 2.17 Indemnity
	 	 	56	 
	Section 2.18 Taxes
	 	 	56	 
	Section 2.19 Indemnification; Nature of Issuing Lender’s Duties
	 	 	58	 
	Section 2.20 Replacement of Lenders
	 	 	59	 
	 
	 	 	 	 
	ARTICLE III REPRESENTATIONS AND WARRANTIES
	 	 	60	 
	Section 3.1 Financial Condition
	 	 	60	 
	Section 3.2 No Change
	 	 	61	 
	Section 3.3 Corporate Existence; Compliance with Law
	 	 	61	 
	Section 3.4 Corporate Power; Authorization; Enforceable Obligations
	 	 	61	 
	Section 3.5 No Legal Bar; No Default
	 	 	62	 
	Section 3.6 No Material Litigation
	 	 	62	 
	Section 3.7 Investment Company Act; PUHCA, Etc.
	 	 	62	 
	Section 3.8 Margin Regulations
	 	 	62	 
	Section 3.9 ERISA
	 	 	63	 
	Section 3.10 Environmental Matters
	 	 	63	 
	Section 3.11 Use of Proceeds
	 	 	64	 
	Section 3.12 Subsidiaries
	 	 	64	 
	Section 3.13 Ownership
	 	 	65	 

i

 

	 	 	 	 	 
	 	 	Page	 
	Section 3.14 Indebtedness
	 	 	65	 
	Section 3.15 Taxes
	 	 	65	 
	Section 3.16 Intellectual Property Rights
	 	 	65	 
	Section 3.17 Solvency
	 	 	66	 
	Section 3.18 Investments
	 	 	66	 
	Section 3.19 Collateral Representations
	 	 	66	 
	Section 3.20 No Burdensome Restrictions
	 	 	66	 
	Section 3.21 Brokers’ Fees
	 	 	67	 
	Section 3.22 Labor Matters
	 	 	67	 
	Section 3.23 Accuracy and Completeness of Information
	 	 	67	 
	Section 3.24 Material Contracts
	 	 	67	 
	Section 3.25 Insurance
	 	 	68	 
	Section 3.26 Security Documents
	 	 	68	 
	Section 3.27 Classification of Senior Indebtedness
	 	 	68	 
	Section 3.28 Anti-Terrorism Laws
	 	 	68	 
	Section 3.29 Compliance with OFAC Rules and Regulations
	 	 	68	 
	Section 3.30 Directors; Capitalization
	 	 	69	 
	Section 3.31 Compliance with FCPA
	 	 	69	 
	 
	 	 	 	 
	ARTICLE IV CONDITIONS PRECEDENT
	 	 	69	 
	Section 4.1 Conditions to Closing Date
	 	 	69	 
	Section 4.2 Conditions to All Extensions of Credit
	 	 	74	 
	 
	 	 	 	 
	ARTICLE V AFFIRMATIVE COVENANTS
	 	 	75	 
	Section 5.1 Financial Statements
	 	 	75	 
	Section 5.2 Certificates; Other Information
	 	 	77	 
	Section 5.3 Payment of Taxes
	 	 	78	 
	Section 5.4 Conduct of Business and Maintenance of Existence
	 	 	78	 
	Section 5.5 Maintenance of Property; Insurance
	 	 	79	 
	Section 5.6 Inspection of Property; Books and Records; Discussions
	 	 	79	 
	Section 5.7 Notices
	 	 	80	 
	Section 5.8 Environmental Laws
	 	 	81	 
	Section 5.9 Financial Covenants
	 	 	82	 
	Section 5.10 Additional Guarantors
	 	 	83	 
	Section 5.11 Compliance with Law
	 	 	83	 
	Section 5.12 Pledged Assets
	 	 	83	 
	Section 5.13 Covenants Regarding Patents, Trademarks and Copyrights
	 	 	84	 
	Section 5.14 Further Assurances
	 	 	85	 
	 
	 	 	 	 
	ARTICLE VI NEGATIVE COVENANTS
	 	 	86	 
	Section 6.1 Indebtedness
	 	 	86	 
	Section 6.2 Liens
	 	 	88	 
	Section 6.3 Nature of Business
	 	 	88	 
	Section 6.4 Consolidation, Merger, Sale or Purchase of Assets, etc.
	 	 	89	 
	Section 6.5 Advances, Investments and Loans
	 	 	91	 
	Section 6.6 Transactions with Affiliates
	 	 	91	 
	Section 6.7 Ownership of Subsidiaries; Restrictions
	 	 	91	 
	Section 6.8 Corporate Changes; Material Contracts
	 	 	91	 

ii

 

	 	 	 	 	 
	 	 	Page	 
	Section 6.9 Limitation on Restricted Actions
	 	 	91	 
	Section 6.10 Restricted Payments
	 	 	92	 
	Section 6.11 Amendment of Subordinated Debt
	 	 	93	 
	Section 6.12 No Further Negative Pledges
	 	 	93	 
	Section 6.13 Consolidated Capital Expenditures
	 	 	93	 
	Section 6.14 Operating Leases
	 	 	94	 
	 
	 	 	 	 
	ARTICLE VII EVENTS OF DEFAULT
	 	 	94	 
	Section 7.1 Events of Default
	 	 	94	 
	Section 7.2 Acceleration; Remedies
	 	 	97	 
	 
	 	 	 	 
	ARTICLE VIII THE ADMINISTRATIVE AGENT
	 	 	98	 
	Section 8.1 Appointment
	 	 	98	 
	Section 8.2 Delegation of Duties
	 	 	98	 
	Section 8.3 Exculpatory Provisions
	 	 	98	 
	Section 8.4 Reliance by Administrative Agent
	 	 	99	 
	Section 8.5 Notice of Default
	 	 	99	 
	Section 8.6 Non-Reliance on Administrative Agent and Other Lenders
	 	 	100	 
	Section 8.7 Indemnification
	 	 	100	 
	Section 8.8 Administrative Agent in Its Individual Capacity
	 	 	101	 
	Section 8.9 Successor Administrative Agent
	 	 	101	 
	Section 8.10 Nature of Duties
	 	 	101	 
	Section 8.11 Releases
	 	 	101	 
	Section 8.12 Syndication Agent and Documentation Agent
	 	 	102	 
	 
	 	 	 	 
	ARTICLE IX MISCELLANEOUS
	 	 	102	 
	Section 9.1 Amendments, Waivers and Release of Collateral
	 	 	102	 
	Section 9.2 Notices
	 	 	104	 
	Section 9.3 No Waiver; Cumulative Remedies
	 	 	106	 
	Section 9.4 Survival of Representations and Warranties
	 	 	106	 
	Section 9.5 Payment of Expenses and Taxes
	 	 	106	 
	Section 9.6 Successors and Assigns; Participations; Purchasing Lenders
	 	 	107	 
	Section 9.7 Adjustments; Set-off
	 	 	111	 
	Section 9.8 Table of Contents and Section Headings
	 	 	112	 
	Section 9.9 Counterparts
	 	 	112	 
	Section 9.10 Effectiveness
	 	 	112	 
	Section 9.11 Severability
	 	 	112	 
	Section 9.12 Integration
	 	 	112	 
	Section 9.13 Governing Law
	 	 	113	 
	Section 9.14 Consent to Jurisdiction and Service of Process
	 	 	113	 
	Section 9.15 Confidentiality
	 	 	113	 
	Section 9.16 Acknowledgments
	 	 	114	 
	Section 9.17 Waivers of Jury Trial; Waiver of Consequential Damages
	 	 	115	 
	Section 9.18 Patriot Act Notice
	 	 	115	 
	Section 9.19 Judgment Currency
	 	 	115	 
	Section 9.20 No Agency or Fiduciary Responsibility
	 	 	116	 
	 
	 	 	 	 
	ARTICLE X GUARANTY
	 	 	116	 
	Section 10.1 The Guaranty
	 	 	116	 

iii

 

	 	 	 	 	 
	 	 	Page	 
	Section 10.2 Bankruptcy
	 	 	117	 
	Section 10.3 Nature of Liability
	 	 	117	 
	Section 10.4 Independent Obligation
	 	 	118	 
	Section 10.5 Authorization
	 	 	118	 
	Section 10.6 Reliance
	 	 	118	 
	Section 10.7 Waiver
	 	 	118	 
	Section 10.8 Limitation on Enforcement
	 	 	120	 
	Section 10.9 Confirmation of Payment
	 	 	120	 

iv

 

	 	 	 
	Schedules	 	 
	 	 
	Schedule 1.1(a)
	 	Account Designation Letter
	Schedule 1.1(b)
	 	Investments
	Schedule 1.1(c)
	 	Liens
	Schedule 1.1(d)
	 	Historical EBITDA Adjustments
	Schedule 1.1(e)
	 	Maximum Post Closing EBITDA Adjustments
	Schedule 1.1(f)
	 	Existing Letters of Credit
	Schedule 2.1(b)(i)
	 	Form of Notice of Borrowing
	Schedule 2.1(e)
	 	Form of Revolving Note
	Schedule 2.4(d)
	 	Form of Swingline Note
	Schedule 2.10
	 	Form of Notice of Conversion/Extension
	Schedule 3.3
	 	Jurisdictions of Organization and Qualification
	Schedule 3.12
	 	Subsidiaries
	Schedule 3.16
	 	Intellectual Property
	Schedule 3.19(a)
	 	Location of Real Property and Collateral
	Schedule 3.19(b)
	 	Chief Executive Offices
	Schedule 3.19(c)
	 	Intercompany Debt
	Schedule 3.24
	 	Material Contracts
	Schedule 3.25
	 	Insurance
	Schedule 3.30
	 	Directors; Capitalization
	Schedule 4.1(b)
	 	Form of Secretary’s Certificate
	Schedule 4.1(h)
	 	Form of Solvency Certificate
	Schedule 5.10
	 	Form of Joinder Agreement
	Schedule 6.1(b)
	 	Indebtedness
	Schedule 6.6
	 	Transactions with Affiliates
	Schedule 9.6(c)
	 	Form of Commitment Transfer Supplement

v

 

     CREDIT AGREEMENT, dated as of January 24, 2006, among BELDEN INC. (formerly Belden CDT Inc.),
a Delaware corporation (the “Borrower”), each of the Material Domestic Subsidiaries of the
Borrower (identified as a “Guarantor” on the signature pages hereto) and such future Material
Domestic Subsidiaries of the Borrower as may from time to time become a party hereto (collectively,
the “Guarantors” and each individually, a “Guarantor”), the several banks and other
financial institutions from time to time parties to this Credit Agreement (collectively, the
“Lenders” and individually, a “Lender”), and WACHOVIA BANK, NATIONAL ASSOCIATION,
as administrative agent for the Lenders hereunder (in such capacity, the “Administrative
Agent” or the “Agent”).

W I T N E S S E T H:

     WHEREAS, the Borrower has requested that the Lenders make loans and other financial
accommodations to the Borrower in the amount of up to $250,000,000; and

     WHEREAS, the Lenders have agreed to make such loans and other financial accommodations to the
Borrower on the terms and conditions contained herein.

     NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged by the parties hereto, such parties hereby agree as follows:

ARTICLE I

DEFINITIONS AND OTHER PROVISIONS

     Section 1.1 Defined Terms.

     As used in this Credit Agreement, terms defined in the preamble to this Credit Agreement have
the meanings therein indicated, and the following terms have the following meanings:

     “2007 Senior Subordinated Note Indenture” shall mean that certain Indenture, dated as
of March 16, 2007 by and among the Borrower (which, at the time of entering into such Indenture was
known as Belden CDT Inc., a Delaware corporation), and U.S. Bank National Association, as trustee,
as supplemented, amended or otherwise modified from time to time to the extent permitted hereunder.

     “2009 Senior Subordinated Note Indenture” shall mean that certain Indenture, dated as
of June 29, 2009 by and among the Borrower, the guarantors party thereto, and U.S. Bank National
Association, as trustee, as supplemented, amended or otherwise modified from time to time to the
extent permitted hereunder.

     “2007 Senior Subordinated Notes” shall mean the 7.0% Senior Subordinated Notes due in
2017, in an original principal amount of $350,000,000, issued by the Borrower, pursuant to the 2007
Senior Subordinated Note Indenture, as such debentures may be supplemented, amended or otherwise
modified from time to time to the extent permitted hereunder.

 

 

     “2009 Senior Subordinated Notes” shall mean the 9.25% Senior Subordinated Notes due in
2019, in an original principal amount not to exceed $250,000,000, issued by the Borrower, pursuant
to the 2009 Senior Subordinated Note Indenture, as such debentures may be supplemented, amended or
otherwise modified from time to time to the extent permitted hereunder.

     “ABR Default Rate” shall have the meaning set forth in Section 2.9.

     “Account Designation Letter” shall mean the Account Designation Letter dated as of the
Closing Date from the Borrower to the Administrative Agent in substantially the form attached
hereto as Schedule 1.1(a).

     “Additional Credit Party” shall mean each Person that becomes a Guarantor by execution
of a Joinder Agreement in accordance with Section 5.10.

     “Additional Loan” shall have the meaning set forth in Section 2.5.

     “Administrative Agent” or “Agent” shall have the meaning set forth in the
first paragraph of this Credit Agreement and any successors in such capacity.

     “Administrative Details Form” shall mean, with respect to any Lender, a document
containing such Lender’s contact information for purposes of notices provided under this Credit
Agreement and account details for purposes of payments made to such Lender under this Credit
Agreement.

     “Affiliate” shall mean as to any Person, any other Person that, directly or
indirectly, is in control of, is controlled by, or is under common control with, such Person. For
purposes of this definition, a Person shall be deemed to be “controlled by” a Person if such Person
possesses, directly or indirectly, power either (a) to vote 15% or more of the securities having
ordinary voting power for the election of directors (or Persons performing similar functions) of
such Person or (b) to direct or cause the direction of the management and policies of such Person
whether by contract or otherwise.

     “Agreement” or “Credit Agreement” shall mean this Credit Agreement, as
amended, restated, amended and restated, modified or supplemented from time to time in accordance
with its terms.

     “Agreement Currency” shall have the meaning set forth in Section 9.19.

     “Alternate Base Rate” shall mean, for any day, a rate per annum equal to the greatest
of (a) the Prime Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on such
day plus 1/2 of 1% and (c) the sum of (i) LIBOR (as determined pursuant to the definition
of LIBOR), for an Interest Period of one (1) month commencing on such day plus (ii) 1.00%,
in each instance as of such date of determination. For purposes hereof: “Prime Rate” shall
mean, at any time, the rate of interest per annum publicly announced or otherwise identified from
time to time by Wachovia at its principal office in Charlotte, North Carolina as its prime rate.
Each

2

 

change in the Prime Rate shall be effective as of the opening of business on the day such
change
in the Prime Rate occurs. The parties hereto acknowledge that the rate announced publicly by
Wachovia as its Prime Rate is an index or base rate and shall not necessarily be its lowest or best
rate charged to its customers or other banks; and “Federal Funds Effective Rate” shall
mean, for any day, the weighted average of the rates on overnight federal funds transactions with
members of the Federal Reserve System arranged by federal funds brokers, as published on the next
succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so
published on the next succeeding Business Day, the average of the quotations for the day of such
transactions received by the Administrative Agent from three federal funds brokers of recognized
standing selected by it. If for any reason the Administrative Agent shall have determined (which
determination shall be conclusive in the absence of manifest error) (A) that it is unable to
ascertain the Federal Funds Effective Rate, for any reason, including the inability or failure of
the Administrative Agent to obtain sufficient quotations in accordance with the terms above or (B)
that the Prime Rate or LIBOR no longer accurately reflects an accurate determination of the
prevailing Prime Rate or LIBOR, the Administrative Agent may select a reasonably comparable index
or source to use as the basis for the Alternate Base Rate, until the circumstances giving rise to
such inability no longer exist. Any change in the Alternate Base Rate due to a change in any of
the foregoing will become effective on the effective date of such change in the Federal Funds Rate,
the Prime Rate or LIBOR for an Interest Period of one (1) month. Notwithstanding anything
contained herein to the contrary, to the extent that Section 2.14 is applicable in determining
LIBOR pursuant to clause (c) hereof, the Alternate Base Rate shall be the greater of (i) the Prime
Rate in effect on such day and (ii) the Federal Funds Effective Rate in effect on such day
plus 1/2 of 1%.

     “Alternate Base Rate Loans” shall mean Loans that bear interest at an interest rate
based on the Alternate Base Rate.

     “Applicable Percentage” shall mean, for any day, the rate per annum set forth below
opposite the applicable level then in effect, it being understood that the Applicable Percentage
for (a) Revolving Loans that are LIBOR Rate Loans shall be the percentage set forth under the
column “LIBOR Margin & L/C Fee”, (b) Revolving Loans that are Alternate Base Rate Loans shall be
the percentage set forth under the column “Base Rate Margin”, and (c) the Commitment Fee shall be
the percentage set forth under the column “Commitment Fee”.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Total	 	LIBOR Margin	 	 	 	 
	Level	 	Leverage Ratio	 	& L/C Fee	 	Base Rate Margin	 	Commitment Fee
	I	 	3 3.00 to 1.0	 	 	2.75	%	 	 	1.75	%	 	 	0.50	%
	II	 	3 2.00 to 1.0 but <  3.00 to 1.0	 	 	2.50	%	 	 	1.50	%	 	 	0.375	%
	III	 	3 1.00 to 1.0 but < 2.00 to 1.0	 	 	2.25	%	 	 	1.25	%	 	 	0.375	%
	IV	 	<  1.00 to 1.0	 	 	2.00	%	 	 	1.00	%	 	 	0.25	%

     The Applicable Percentage shall, in each case, be determined and adjusted quarterly on the
date five (5) Business Days after the date on which the Administrative Agent has received from the
Credit Parties the quarterly financial information (in the case of the first three 

3

 

(3) fiscal
quarters of each fiscal year of the Borrower), the annual financial information (in the
case of the fourth fiscal quarter of each fiscal year of the Borrower) and the certifications
required to be delivered to the Administrative Agent and the Lenders in accordance with the
provisions of Sections 5.1(a), 5.1(b) and 5.2(b) (each an “Interest Determination Date”).
Such Applicable Percentage shall be effective from such Interest Determination Date until the next
such Interest Determination Date. The Applicable Percentage shall be as set forth above opposite
Level III until the first Interest Determination Date after the Closing Date. After the Closing
Date, if the Credit Parties shall fail to provide the financial information or certifications in
accordance with the provisions of Sections 5.1(a), 5.1(b) and 5.2(b), the Applicable Percentage
shall, on the date five (5) Business Days after the date by which the Credit Parties were so
required to provide such financial information or certifications to the Administrative Agent and
the Lenders, be based on Level I until such time as such information or certifications are
provided, whereupon the Level shall be determined by the then current Total Leverage Ratio.
Notwithstanding the foregoing, the Applicable Percentage shall be as set forth above opposite Level
I beginning on the Fourth Amendment Effective Date through (but not including) the first Interest
Determination Date after December 31, 2009. In the event that any financial statement or
certification delivered pursuant to Sections 5.1 or 5.2 is shown to be inaccurate (regardless of
whether this Agreement or the Commitments are in effect when such inaccuracy is discovered), and
such inaccuracy, if corrected, would have led to the application of a higher Applicable Percentage
for any period (an “Applicable Period”) than the Applicable Percentage applied for such
Applicable Period, the Borrower shall immediately (a) deliver to the Administrative Agent a
corrected compliance certificate for such Applicable Period, (b) determine the Applicable
Percentage for such Applicable Period based upon the corrected compliance certificate, and
(c) immediately pay to the Administrative Agent for the benefit of the Lenders the accrued
additional interest and other fees owing as a result of such increased Applicable Percentage for
such Applicable Period, which payment shall be promptly distributed by the Administrative Agent to
the Lenders entitled thereto. It is acknowledged and agreed that nothing contained herein shall
limit the rights of the Administrative Agent and the Lenders under the Credit Documents.

     “Approved Fund” shall mean, with respect to any Lender, any fund or trust or entity
that invests in commercial bank loans in the ordinary course of business and is advised or managed
by (a) such Lender, (b) an Affiliate of such Lender, (c) any other Lender or any Affiliate thereof
or (d) the same investment advisor as any Person described in clauses (a) – (c).

     “Arranger” shall mean Wachovia Capital Markets, LLC.

     “Asset Coverage Ratio” shall mean, as of any date of determination, for the Borrower
and its Subsidiaries on a consolidated basis, the ratio of (a) the sum of (i) 85% of accounts
receivable on the balance sheet of the Credit Parties as of such date of determination plus
(ii) 65% of the inventory on the balance sheet of the Credit Parties as of such date of
determination plus (iii) 50% of the net book value of property, plant and equipment on the
balance sheet of the Credit Parties as of such date of determination plus (iv) cash and
Cash Equivalents on the balance sheet of the Credit Parties as of such date of determination to (b)
the sum of (i) the lesser of (A) the Maximum Revolving Availability as of such date of
determination and (B) the Revolving Committed Amount then in effect plus (ii) all Funded
Debt (other than Subordinated Debt and

4

 

outstanding Extensions of Credit) of the Credit Parties on a
consolidated basis as of such date of determination.

     “Asset Disposition” shall mean the disposition of any or all of the assets (including,
without limitation, the Capital Stock of a Subsidiary or any ownership interest in a joint venture)
of any Credit Party or any Subsidiary of a Credit Party whether by sale, lease, transfer or
otherwise. The term “Asset Disposition” shall not include (i) the sale, lease, transfer or other
disposition of assets permitted by Section 6.4(a)(i) – (iv) hereof, and to the extent that any
repayment of the Revolving Loans from the Net Cash Proceeds derived therefrom would result in
adverse tax consequences to the Credit Parties, Section 6.4(a)(v) hereof, (ii) any issuance by any
Credit Party or its Subsidiaries of shares of its Capital Stock or warrants, options or other
similar rights which are exercisable for or convertible into shares or interests of its Capital
Stock or (iii) a Recovery Event.

     “Bankruptcy Code” shall mean the Bankruptcy Code in Title 11 of the United States
Code, as amended, modified, succeeded or replaced from time to time.

     “Bankruptcy Event” shall mean the occurrence of an Event of Default under
Section 7.1(f).

     “Borrower” shall have the meaning set forth in the first paragraph of this Credit
Agreement.

     “Borrowing Date” shall mean, in respect of any Loan, the date such Loan is made.

     “Business” shall have the meaning set forth in Section 3.10.

     “Business Day” shall mean a day other than a Saturday, Sunday or other day on which
commercial banks in Charlotte, North Carolina or New York, New York are authorized or required by
law to close; provided, however, that (a) when used in connection with a rate
determination, borrowing or payment in respect of a LIBOR Rate Loan, the term “Business Day” shall
also exclude any day on which banks in London, England are not open for dealings in Dollar deposits
in the London interbank market and (b) with respect to any Loan denominated in a Foreign Currency,
the term “Business Day” shall exclude any day that is not a Target Settlement Day.

     “Capital Lease” shall mean any lease of property, real or personal, the obligations
with respect to which are required to be capitalized on a balance sheet of the lessee in accordance
with GAAP.

     “Capital Lease Obligations” shall mean the capitalized lease obligations relating to a
Capital Lease determined in accordance with GAAP.

     “Capital Stock” shall mean (a) in the case of a corporation, capital stock, (b) in the
case of an association or business entity, any and all shares, interests, participations, rights or
other equivalents (however designated) of capital stock, (c) in the case of a partnership,
partnership interests (whether general or limited), (d) in the case of a limited liability company,
membership

5

 

interests and (e) any other interest or participation that confers on a Person the right
to receive a share of the profits and losses of, or distributions of assets of, the issuing Person.

     “Cash Equivalents” shall mean (a) securities issued or directly and fully guaranteed
or insured by the United States of America or any agency or instrumentality thereof (provided that
the full faith and credit of the United States of America is pledged in support thereof) having
maturities of not more than twelve months from the date of acquisition (“Government
Obligations”), (b) Dollar denominated time deposits, certificates of deposit, Eurodollar time
deposits and Eurodollar certificates of deposit of (i) any domestic commercial bank of recognized
standing having capital and surplus in excess of $250,000,000 or (ii) any bank whose short-term
commercial paper rating from S&P is at least A-1 or the equivalent thereof or from Moody’s is at
least P-1 or the equivalent thereof (any such bank being an “Approved Bank”), in each case
with maturities of not more than 364 days from the date of acquisition, (c) commercial paper and
variable or fixed rate notes issued by any Approved Bank (or by the parent company thereof) or any
variable rate notes issued by, or guaranteed by any domestic corporation rated A-1 (or the
equivalent thereof) or better by S&P or P-1 (or the equivalent thereof) or better by Moody’s and
maturing within six months of the date of acquisition, (d) repurchase agreements with a bank or
trust company (including a Lender) or a recognized securities dealer having capital and surplus in
excess of $500,000,000 for direct obligations issued by or fully guaranteed by the United States of
America, (e) obligations of any State of the United States or any political subdivision thereof for
the payment of the principal and redemption price of and interest on which there shall have been
irrevocably deposited Government Obligations maturing as to principal and interest at times and in
amounts sufficient to provide such payment, (f) auction preferred stock rated in the highest
short-term credit rating category by S&P or Moody’s and (g) shares of money market mutual or
similar funds which invest primarily in assets satisfying the requirements of clauses (a) through
(f) of this definition.

     “Change of Control” shall mean at any time the occurrence of any of the following
events: (a) any “person” or “group” (as such terms are used in Section 13(d) and 14(d) of the
Exchange Act), is or becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the
Exchange Act, except that a person shall be deemed to have “beneficial ownership” of all securities
that such person has the right to acquire, whether such right is exercisable immediately or only
after the passage of time), directly or indirectly, of 20% or more of the then outstanding Voting
Stock of the Borrower; (b) the replacement of a majority of the Board of Directors of the Borrower
over a one-year period from the directors who constituted the Board of Directors at the beginning
of such period, and such replacement shall not have been approved by a vote of at least a majority
of the Board of Directors of the Borrower then still in office who either were members of such
Board of Directors at the beginning of such period or whose election as a member of such Board of
Directors was previously so approved or (c) the occurrence of a “Change of Control” under and as
defined in any of the Subordinated Note Documents.

     “Closing Date” shall mean the date of this Credit Agreement.

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

     “Collateral” shall mean a collective reference to the collateral which is identified
in, and at any time may be covered by, the Security Documents and any other property or assets of a

6

 

Credit Party, whether tangible or intangible, that from time to time secure the Credit Party
Obligations.

     “Commitments” shall mean the Revolving Commitment, the LOC Commitment and the
Swingline Commitment, individually or collectively, as appropriate.

     “Commitment Fee” shall have the meaning set forth in Section 2.6(a).

     “Commitment Period” shall mean (a) with respect to Revolving Loans to the extent made
pursuant to Extended Revolving Commitments, the period from and including the Closing Date to but
excluding the Extended Maturity Date, (b) with respect to Revolving Loans to the extent made
pursuant to Non-Extending Revolving Commitments, the period from and including the Closing Date to
but excluding the Existing Maturity Date, (c) with respect to Letters of Credit, the period from
and including the Closing Date to but excluding the date that is thirty (30) days prior to the
Extended Maturity Date and (d) with respect to Swingline Loans, the period from and including the
Closing Date to but excluding the Extended Maturity Date.

     “Commitment Transfer Supplement” shall mean a Commitment Transfer Supplement,
substantially in the form of Schedule 9.6(c).

     “Commonly Controlled Entity” shall mean an entity, whether or not incorporated, which
is under common control with the Borrower within the meaning of Section 4001 of ERISA or is part of
a group that includes the Borrower and that is treated as a single employer under Section 414 of
the Code.

     “Consolidated Capital Expenditures” shall mean, for any period, all capital
expenditures (other than Permitted Acquisitions) of the Credit Parties and their Subsidiaries on a
combined basis for such period, as determined in accordance with GAAP. The term “Consolidated
Capital Expenditures” shall not include capital expenditures in respect of the reinvestment of
proceeds derived from Asset Dispositions or Recovery Events received by the Credit Parties and
their Subsidiaries to the extent that such reinvestment is permitted under the Credit Documents.

     “Consolidated Cash Interest Expense” shall mean, as of any date of determination for
the four fiscal quarter period ending on such date, all cash interest expense (excluding
amortization of debt discount and premium, but including the cash interest component under Capital
Leases and synthetic leases, tax retention operating leases, off-balance sheet loans and similar
off-balance sheet financing products) for such period of the Credit Parties and their Subsidiaries
on a consolidated basis.

     “Consolidated EBITDA” shall mean, as of any date of determination for the four fiscal
quarter period ending on such date, the sum of (a) Consolidated Net Income for such period,
plus (b) the sum of the following to the extent deducted in calculating Consolidated Net
Income: (i) Consolidated Cash Interest Expense for such period, (ii) tax expense (including,
without limitation, any federal, state, local and foreign income, value added, franchise,
withholding and similar taxes) of the Credit Parties and their Subsidiaries for such period, (iii)
depreciation, amortization, share-based compensation expense and other non-cash charges (excluding
non-cash charges that are expected to become cash charges in a future period or that are reserves
for

7

 

future cash charges) for such period, (iv) one-time charges incurred in connection with
restructuring activities prior to the Third Amendment Effective Date, as set forth on Schedule
1.1(d), and other one-time charges incurred in connection with restructuring activities
after the Third Amendment Effective Date in an amount not to exceed the amounts set forth on
Schedule 1.1(e) and (v) additional one-time charges incurred prior to December 31, 2009 in
connection with certain global restructuring initiatives in an aggregate amount not to exceed
$20,000,000 plus (c) the increase, if any, in the amount of Deferred Margin from the
beginning of such period to the end of such period, minus (d) the decrease, if any, in the
amount of Deferred Margin from the beginning of such period to the end of such period.

     “Consolidated Foreign and Domestic Assets” shall mean, as of any date of
determination, the value of all assets of the Credit Parties and their Subsidiaries on a
consolidated basis as of the last day of the most recently completed fiscal quarter of the Borrower
for which financial statements have been delivered in accordance with the terms of Section 5.1, as
determined in accordance with GAAP.

     “Consolidated Net Income” shall mean, as of any date of determination for the four
fiscal quarter period ending on such date, the net income (excluding extraordinary losses and gains
and all non-cash income, rebates and other benefits, but including interest income) of the Credit
Parties and their Subsidiaries on a consolidated basis for such period, as determined in accordance
with GAAP.

     “Consolidated Revenues” shall mean, for any period, revenues for such period of the
Credit Parties and their Domestic Subsidiaries on a consolidated basis, as determined in accordance
with GAAP.

     “Consolidated Total Assets” shall mean, for any period, the book value of all assets
of the Credit Parties and their Domestic Subsidiaries on a consolidated basis, as determined in
accordance with GAAP.

     “Contractual Obligation” shall mean, as to any Person, any provision of any contract,
agreement, instrument or undertaking to which such Person is a party or by which it or any of its
property is bound.

     “Copyright Licenses” shall mean any agreement, whether written or oral, providing for
the grant by or to a Credit Party of any right under any Copyright, including, without limitation,
any thereof referred to in Schedule 3.16 to this Credit Agreement, but excluding any
license of a Copyright to a Credit Party with respect to generally available products.

     “Copyrights” shall mean all copyrights of the Credit Parties and their Subsidiaries in
all Works, now existing or hereafter created or acquired, all registrations and recordings thereof,
and all applications in connection therewith, whether in the United States Copyright Office or in
any similar office or agency of the United States, any state thereof or any other country or any
political subdivision thereof, or otherwise, including, without limitation, any thereof referred to
in Schedule 3.16 and all renewals thereof.

8

 

     “Credit Documents” shall mean this Credit Agreement, each of the Notes, any Joinder
Agreement, the Letters of Credit, the Commitment Transfer Supplements, the LOC Documents and the
Security Documents and all other agreements, documents, certificates and instruments
delivered to the Administrative Agent or any Lender by any Credit Party in connection therewith
(other than any agreement, document, certificate or instrument related to a Hedging Agreement).

     “Credit Party” or “Credit Parties” shall mean any of the Borrower or the
Guarantors, individually or collectively, as appropriate.

     “Credit Party Obligations” shall mean, without duplication, (a) all of the
obligations, indebtedness and liabilities of the Credit Parties to the Lenders (including the
Issuing Lender and the Swingline Lender) and the Administrative Agent, whenever arising, including
principal, interest, fees, reimbursements and indemnification obligations and other amounts
(including, but not limited to, any interest accruing after the occurrence of a filing of a
petition of bankruptcy under the Bankruptcy Code with respect to any Credit Party, regardless of
whether such interest is an allowed claim under the Bankruptcy Code), in each case arising under
this Credit Agreement, the Notes or any of the other Credit Documents, and (b) all liabilities and
obligations, whenever arising, owing from any Credit Party or any of their Subsidiaries to any
Hedging Agreement Provider arising under any Secured Hedging Agreement.

     “Debt Issuance” shall mean the issuance of any Indebtedness for borrowed money by any
Credit Party or any of its Subsidiaries (excluding, for purposes hereof, any Indebtedness of any
Credit Party and its Subsidiaries permitted to be incurred pursuant to Section 6.1(a) – (o)).

     “Default” shall mean any event which constitutes an Event of Default or which with the
giving of notice or lapse of time or both would, unless cured or waived, become an Event of
Default.

     “Defaulting Lender” shall mean, at any time, any Lender that, at such time (a) has
failed to make a Loan or fund a Participation Interest required pursuant to the terms of this
Credit Agreement and such failure is continuing, (b) has failed to pay to the Administrative Agent
or any Lender an amount owed by such Lender pursuant to the terms of this Credit Agreement and such
default remains uncured, or (c) has been deemed insolvent or has become subject to a bankruptcy or
insolvency proceeding or to a receiver, trustee or similar official.

     “Deferred Margin” shall mean, as of any date of determination, an amount equal to the
sum of revenues deferred as of such date minus the cost of goods sold deferred as of such
date, in each case as a result of the application of Statement of Position 97-2, “Software Revenue
Recognition” and determined in accordance with GAAP.

     “Deposit Account Control Agreement” shall mean an agreement, among a Credit Party, a
depository institution, and the Administrative Agent, which agreement is in a form reasonably
acceptable to the Administrative Agent and which provides the Administrative Agent with “control”
(as such term is used in Article 9 of the UCC) over the deposit account(s) described therein, as
the same may be amended, modified, extended, restated, replaced, or supplemented from time to time.

9

 

     “Designated Real Estate” shall mean real property owned by the Borrower and/or one
or
more of its Subsidiaries that is no longer used in the manufacturing process of the Borrower or its
Subsidiaries.

     “Dollar Equivalent” means, at any time, (a) with respect to any amount denominated in
Dollars, such amount and (b) with respect to any amount denominated in a Foreign Currency, the
equivalent amount thereof in Dollars as determined by the Administrative Agent at such time on the
basis of the Spot Rate (as determined in respect of the most recent Revaluation Date) for the
purchase of Dollars with such Foreign Currency.

     “Dollars” and “$” shall mean dollars in lawful currency of the United States
of America.

     “Domestic Lending Office” shall mean, initially, the office of each Lender designated
as such Lender’s Domestic Lending Office shown in such Lender’s Administrative Details Form; and
thereafter, such other office of such Lender as such Lender may from time to time specify to the
Administrative Agent and the Borrower as the office of such Lender at which Alternate Base Rate
Loans of such Lender are to be made.

     “Domestic Subsidiary” shall mean any Subsidiary that is organized and existing under
the laws of the United States or any state or commonwealth thereof or under the laws of the
District of Columbia.

     “EMU” means the economic and monetary union as contemplated in the Treaty on European
Union (Official Journal C 191, July 29, 1992).

     “EMU Legislation” means legislative measures of the European Council (including,
without limitation, European Council regulations) for the introduction of, changeover to or
operation of a single or unified European currency (whether known as the Euro or otherwise), being
in part the implementation of the third stage of EMU.

     “Engagement Letter” shall mean the letter agreement dated October 20, 2005, addressed
to the Borrower from the Arranger, as amended, modified or otherwise supplemented from time to
time.

     “Environmental Laws” shall mean any and all applicable foreign, federal, state, local
or municipal laws, rules, orders, regulations, statutes, ordinances, codes, decrees or requirements
of any Governmental Authority, or other Requirement of Law (including common law) regulating,
relating to or imposing liability or standards of conduct concerning protection of human health or
the environment, as now or may at any time be in effect during the term of this Credit Agreement.

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

     “Euro” means the single currency of Participating Member States of the European Union.

10

 

     “Eurodollar Reserve Percentage” shall mean for any day, the percentage (expressed as a
decimal and rounded upwards, if necessary, to the next higher 1/100th of 1%) which is in effect for
such day as prescribed by the Federal Reserve Board (or any successor) for determining the maximum
reserve requirement (including without limitation any basic, supplemental or
emergency reserves) in respect of Eurocurrency liabilities, as defined in Regulation D of such
Board as in effect from time to time, or any similar category of liabilities for a member bank of
the Federal Reserve System in New York City.

     “Event of Default” shall mean any of the events specified in Section 7.1;
provided, however, that any requirement for the giving of notice or the lapse of
time, or both, and any other condition, has been satisfied.

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

     “Excluded Equipment” shall mean (a) any equipment subject to a Purchase Money Lien as
to which the purchase money creditor holding such Lien prohibits other Liens thereon without its
prior consent, unless and until either (i) such creditor grants such consent or (ii) the
Indebtedness secured by such Lien has been fully paid and satisfied; (b) any equipment with respect
to which the rights of possession and use of any Credit Party are created pursuant to a lease which
does not create a security interest, unless and until such time (if any) as such Credit Party
acquires title to such equipment from the lessor or the lessor abandons its rights and claims
thereto; and (c) Vehicles.

     “Excluded Intercompany Instruments” shall have the meaning set forth in Section
5.12(b).

     “Existing Letters of Credit” shall mean each of the letters of credit described by
date of issuance, amount, beneficiary and the date of expiry on Schedule 1.1(f) hereto.

     “Existing Maturity Date” shall have the meaning set forth in the definition of
Maturity Date.

     “Existing Senior Subordinated Notes” shall mean the 2007 Senior Subordinated Notes and
the 2009 Senior Subordinated Notes.

     “Existing Senior Subordinated Note Indentures” shall mean that the 2007 Senior
Subordinated Note Indenture and the 2009 Senior Subordinated Note Indenture.

     “Extended Commitment Utilization Fee” shall have the meaning set forth in Section
2.6(e).

     “Extended Maturity Date” shall have the meaning set forth in the definition of
Maturity Date.

     “Extended Revolving Commitments” shall mean Revolving Commitments that have been
extended pursuant to Section 2.2.

11

 

     “Extension of Credit” shall mean, as to any Lender, the making of a Loan by such
Lender, or the issuance of or participation in the issuance of a Letter of Credit by such Lender.

     “Extension Unused Fee” shall have the meaning set forth in Section 2.6(f).

     “Federal Funds Effective Rate” shall have the meaning set forth in the definition of
“Alternate Base Rate”.

     “First Amendment Effective Date” shall mean February 16, 2007.

     “Fixed Charge Coverage Ratio” shall mean, as of any date of determination, with
respect to the Borrower and its Subsidiaries on a consolidated basis for the four fiscal quarter
period ending on such date, the ratio of (a) the sum of Consolidated EBITDA for such period
minus Consolidated Capital Expenditures for such period, to (b) the sum of Consolidated
Cash Interest Expense for such period plus Scheduled Funded Debt Payments for such period
plus any cash dividends or distributions made by the Borrower during such period (excluding
any dividends or distributions made in accordance with clause (f) of Section 6.10)
plus an amount equal to, to the extent positive, taxes paid in cash by the Credit Parties
and their Subsidiaries during such period net of cash tax refunds received by the Credit Parties
and their Subsidiaries.

     “Foreign Currency” shall mean Euros.

     “Foreign Currency Equivalent” shall mean, at any time, with respect to any amount
denominated in Dollars, the equivalent amount thereof in a Foreign Currency as determined by the
Administrative Agent, at such time on the basis of the Spot Rate (determined in respect of the most
recent Revaluation Date) for the purchase of such Foreign Currency with Dollars.

     “Foreign Currency Sublimit” shall mean, the Foreign Currency Equivalent of
$50,000,000.

     “Foreign Subsidiary” shall mean any Subsidiary of the Borrower or one of its
Subsidiaries that is not a Domestic Subsidiary.

     “Fourth Amendment Effective Date” shall mean June 29, 2009.

     “Funded Debt” shall mean, with respect to any Person, without duplication, (a) all
obligations of such Person for borrowed money, (b) all obligations of such Person evidenced by
bonds, debentures, notes or similar instruments, or upon which interest payments are customarily
made, (c) all obligations of such Person under conditional sale or other title retention agreements
relating to property purchased by such Person (other than customary reservations or retentions of
title under agreements with suppliers entered into in the ordinary course of business), (d) all
obligations (including, without limitation, earnout obligations) of such Person incurred, issued or
assumed as the deferred purchase price of property or services purchased by such Person (other than
trade debt incurred in the ordinary course of business and due within six months of the incurrence
thereof) which would appear as liabilities on a balance sheet of such Person, (e) the principal
portion of all obligations of such Person under Capital Leases plus any accrued interest thereon,
(f) the maximum face amount of all letters of credit issued or bankers’ acceptances facilities
created for the account of such Person and, without duplication, all drafts drawn thereunder (to
the extent

12

 

unreimbursed), (g) all preferred Capital Stock issued by such Person and which by the
terms thereof could be (at the request of the holders thereof or otherwise) subject to mandatory
sinking fund payments, redemption or other acceleration, (h) the principal balance outstanding
under any synthetic lease, tax retention operating lease, off-balance sheet loan or similar
off-balance sheet
financing product, (i) all obligations of such Person under Hedging Agreements, excluding any
portion thereof which would be accounted for as interest expense under GAAP, (j) all Indebtedness
of others of the type described in clauses (a) through (i) hereof secured by (or for which the
holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any
Lien on, or payable out of the proceeds of production from, property owned or acquired by such
Person, whether or not the obligations secured thereby have been assumed, (k) all Guaranty
Obligations of such Person with respect to Indebtedness of another Person of the type described in
clauses (a) through (i) hereof, and (l) all Indebtedness of the type described in clauses (a)
through (i) hereof of any partnership or unincorporated joint venture in which such Person is a
general partner or a joint venturer for which such Person is legally obligated or has a reasonable
expectation of being liable with respect thereto.

     “GAAP” shall mean generally accepted accounting principles in effect in the United
States of America applied on a consistent basis, subject, however, in the case of
determination of compliance with the financial covenants set out in Section 5.9, to the provisions
of Section 1.3.

     “Government Acts” shall have the meaning set forth in Section 2.19.

     “Governmental Approvals” shall mean all authorizations, consents, approvals, permits,
licenses and exemptions of, registrations and filings with, and reports to, all Governmental
Authorities.

     “Governmental Authority” shall mean any nation or government, any state or other
political subdivision thereof and any entity exercising executive, legislative, judicial,
regulatory or administrative functions of or pertaining to government.

     “Guarantor” shall have the meaning set forth in the first paragraph of this Credit
Agreement.

     “Guaranty” shall mean the guaranty of the Guarantors set forth in Article X.

     “Guaranty Obligations” shall mean, with respect to any Person, without duplication,
any obligations of such Person (other than endorsements in the ordinary course of business of
negotiable instruments for deposit or collection) guaranteeing or intended to guarantee any
Indebtedness of any other Person in any manner, whether direct or indirect, and including without
limitation any obligation, whether or not contingent, (a) to purchase any such Indebtedness or any
property constituting security therefor, (b) to advance or provide funds or other support for the
payment or purchase of any such Indebtedness or to maintain working capital, solvency or other
balance sheet condition of such other Person (including without limitation keep well agreements,
maintenance agreements, comfort letters or similar agreements or arrangements) for the benefit of
any holder of Indebtedness of such other Person, (c) to lease or purchase property, securities or
services primarily for the purpose of assuring the holder of such Indebtedness, or (d) to otherwise
assure or hold harmless the holder of such Indebtedness against loss in respect thereof. The
amount of any

13

 

Guaranty Obligation hereunder shall (subject to any limitations set forth therein) be
deemed to be an amount equal to the outstanding principal amount (or maximum principal amount, if
larger) of the Indebtedness in respect of which such Guaranty Obligation is made.

     “Hedging Agreement Provider” shall mean any Person that enters into a Secured Hedging
Agreement with a Credit Party or any of its Subsidiaries that is permitted by Section 6.1(e) to the
extent such Person is a Lender, an Affiliate of a Lender or any other Person that was a Lender (or
an Affiliate of a Lender) at the time it entered into the Secured Hedging Agreement but has ceased
to be a Lender (or whose Affiliate has ceased to be a Lender) under the Credit Agreement.

     “Hedging Agreements” shall mean, with respect to any Person, any agreement entered
into to protect such Person against fluctuations in interest rates, or currency or raw materials
values, including, without limitation, any interest rate swap, cap or collar agreement or similar
arrangement between such Person and one or more counterparties, any foreign currency exchange
agreement, currency protection agreements, commodity purchase or option agreements or other
interest or exchange rate hedging agreements.

     “Impacted Lender” means any Lender as to which (a) Issuing Lender has a good faith
belief that the Lender has defaulted in fulfilling its obligations under one or more other
syndicated credit facilities, (b) the Lender or the entity that controls the Lender has been deemed
insolvent or become subject to a bankruptcy or other similar proceeding or (c) with respect to
which the Federal Deposit Insurance Corporation has been appointed receiver or conservator by a
federal or state chartering authority or otherwise pursuant to the FDI Act (12 U.S.C. § 11(c)).

     “Incremental Facility” shall have the meaning set forth in Section 2.5.

     “Indebtedness” shall mean, with respect to any Person, without duplication, (a) all
obligations of such Person for borrowed money, (b) all obligations of such Person evidenced by
bonds, debentures, notes or similar instruments, or upon which interest payments are customarily
made, (c) all obligations of such Person under conditional sale or other title retention agreements
relating to property purchased by such Person (other than customary reservations or retentions of
title under agreements with suppliers entered into in the ordinary course of business), (d) all
obligations (including, without limitation, earnout obligations) of such Person incurred, issued or
assumed as the deferred purchase price of property or services purchased by such Person (other than
trade debt incurred in the ordinary course of business and due within six months of the incurrence
thereof) which would appear as liabilities on a balance sheet of such Person, (e) all obligations
of such Person under take-or-pay or similar arrangements or under commodities agreements, (f) all
Guaranty Obligations of such Person with respect to Indebtedness of another Person of the type
described in clauses (a) through (i) hereof, (g) the principal portion of all Capital Lease
Obligations of such Person plus accrued interest thereon, (h) all obligations of such Person under
Hedging Agreements, excluding any portion thereof which would be accounted for as interest expense
under GAAP, (i) the maximum amount of all letters of credit issued or bankers’ acceptances
facilities created for the account of such Person and, without duplication, all drafts drawn
thereunder (to the extent unreimbursed), (j) all Indebtedness of others of the type described in
clauses (a) through (i) hereof secured by (or for which the holder of such Indebtedness has an
existing right, contingent or otherwise, to be secured by) any Lien on, or payable out of the
proceeds of production from,

14

 

property owned or acquired by such Person, whether or not the
obligations secured thereby have been assumed, (k) all preferred Capital Stock issued by such
Person and which by the terms thereof could be (at the request of the holders thereof or otherwise)
subject to mandatory sinking fund payments, redemption or other acceleration, (l) the principal
balance outstanding under any
synthetic lease, tax retention operating lease, off-balance sheet loan or similar off-balance sheet
financing product and (m) the Indebtedness of the type described in clauses (a) through (i) hereof
of any partnership or unincorporated joint venture in which such Person is a general partner or a
joint venturer.

     “Insolvency” shall mean, with respect to any Multiemployer Plan, the condition that
such Plan is insolvent within the meaning of such term as used in Section 4245 of ERISA.

     “Intellectual Property” shall mean the Copyrights, Copyright Licenses, Patents, Patent
Licenses, Trademarks and Trademark Licenses of the Credit Parties and their Subsidiaries (or, as
the context may require, of the Credit Parties only), all goodwill associated therewith and all
rights to sue for infringement thereof.

     “Interest Determination Date” shall have the meaning assigned thereto in the
definition of “Applicable Percentage”.

     “Interest Payment Date” shall mean (a) as to any Alternate Base Rate Loan or Swingline
Loan, the last Business Day of each March, June, September and December and on the Existing
Maturity Date and the Extended Maturity Date, (b) as to any LIBOR Rate Loan having an Interest
Period of three months or less, the last day of such Interest Period, (c) as to any LIBOR Rate Loan
having an Interest Period longer than three (3) months, (i) each three (3) month anniversary
following the first day of such Interest Period (which if not a Business Day shall be extended to
the next succeeding Business Day) and (ii) the last day of such Interest Period and (d) as to any
Loan which is the subject of a mandatory prepayment required pursuant to Section 2.8(b), the date
on which such mandatory prepayment is due.

     “Interest Period” shall mean, with respect to any LIBOR Rate Loan,

     (a) initially, the period commencing on the Borrowing Date or conversion date, as the
case may be, with respect to such LIBOR Rate Loan and ending one, two, three or, subject to
availability to all applicable Lenders, six months thereafter, as selected by the Borrower
in the Notice of Borrowing or Notice of Conversion given with respect thereto; and

     (b) thereafter, each period commencing on the last day of the immediately preceding
Interest Period applicable to such LIBOR Rate Loan and ending one, two, three or, subject to
availability to all applicable Lenders, six months thereafter, as selected by the Borrower
by irrevocable notice to the Administrative Agent not less than three Business Days prior to
the last day of the then current Interest Period with respect thereto; provided that
the foregoing provisions are subject to the following:

     (i) if any Interest Period pertaining to a LIBOR Rate Loan would otherwise end
on a day that is not a Business Day, such Interest Period shall be

15

 

extended to the
next succeeding Business Day unless the result of such extension would be to carry
such Interest Period into another calendar month in which event such Interest Period
shall end on the immediately preceding Business Day;

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

     (iii) if the Borrower shall fail to give notice as provided above, the Borrower
shall be deemed to have selected an Alternate Base Rate Loan to replace the affected
LIBOR Rate Loan;

     (iv) (A) no Interest Period in respect of any Loan entered into prior to the
Existing Maturity Date shall extend beyond the Existing Maturity Date, and (B) no
Interest Period in respect of any Loan shall extend beyond the Extended Maturity
Date; and

     (v) no more than six (6) LIBOR Rate Loans may be in effect at any time. For
purposes hereof, LIBOR Rate Loans with different Interest Periods shall be
considered as separate LIBOR Rate Loans, even if they shall begin on the same date,
although borrowings, extensions and conversions may, in accordance with the
provisions hereof, be combined at the end of existing Interest Periods to constitute
a new LIBOR Rate Loan with a single Interest Period.

     “Investment” shall mean (a) the acquisition (whether for cash, property, services,
assumption of Indebtedness, securities or otherwise) of shares of Capital Stock, other ownership
interests or other securities of any Person or bonds, notes, debentures or all or substantially all
of the assets of any Person or (b) any deposit with, or advance, loan or other extension of credit
to, any Person (other than deposits made in the ordinary course of business) or (c) any other
capital contribution to or investment in any Person, including, without limitation, any Guaranty
Obligation (including any support for a letter of credit issued on behalf of such Person) incurred
for the benefit of such Person.

     “Issuing Lender” shall mean, with respect to (i) Existing Letters of Credit and (ii)
Letters of Credit issued hereunder, Wachovia or any successor in such capacity.

     “Issuing Lender Fees” shall have the meaning set forth in Section 2.6(c).

     “Joinder Agreement” shall mean a Joinder Agreement in substantially the form of
Schedule 5.10, executed and delivered by an Additional Credit Party in accordance with the
provisions of Section 5.10.

     “Lender” shall have the meaning set forth in the first paragraph of this Credit
Agreement and shall include the Issuing Lender and the Swingline Lender.

16

 

     “Lender Commitment Letter” shall mean, with respect to any Lender, the letter (or
other correspondence) to such Lender from the Administrative Agent notifying such Lender of its LOC
Commitment and/or Revolving Commitment Percentage.

     “Letter of Credit” shall mean (a) any letter of credit issued by the Issuing Lender
pursuant to the terms hereof and (b) any Existing Letter of Credit, in each case as such letter of
credit may be amended, modified, extended, renewed or replaced from time to time.

     “Letter of Credit Facing Fee” shall have the meaning set forth in Section 2.6(c).

     “Letter of Credit Fee” shall have the meaning set forth in Section 2.6(b).

     “LIBOR” shall mean, for any LIBOR Rate Loan for any Interest Period therefor, the rate
per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) appearing on Reuters Screen
LIBOR01 Page (or any successor page) and, in the case of Loans denominated in Euros, the British
Bankers Association Interest Settlement Rates for deposits in Euros, as the London interbank
offered rate for deposits in Dollars or Euros, as appropriate, at approximately 11:00 A.M. (London
time) two (2) Business Days prior to the first day of such Interest Period for a term comparable to
such Interest Period. If for any reason such rate is not available, then “LIBOR” means the rate
per annum at which, as determined by the Administrative Agent in accordance with its customary
practices, Dollars in an amount comparable to the Loans then requested are being offered to leading
banks at approximately 11:00 A.M. London time, two (2) Business Days prior to the commencement of
the applicable Interest Period for settlement in Same Day Funds by leading banks in the London
interbank market for a period equal to the Interest Period selected.

     “LIBOR Lending Office” shall mean, initially, the office of each Lender designated as
such Lender’s LIBOR Lending Office in such Lender’s Administrative Details Form; and thereafter,
such other office of such Lender as such Lender may from time to time specify to the Administrative
Agent and the Borrower as the office of such Lender at which the LIBOR Rate Loans of such Lender
are to be made.

     “LIBOR Rate” shall mean a rate per annum (rounded upwards, if necessary, to the next
higher 1/100th of 1%) determined by the Administrative Agent pursuant to the following formula:

	 	 	 	 	 	 	 
	 	 	LIBOR Rate =	 	LIBOR	 	 
	 	 	 	 	 
1.00 - Eurodollar Reserve Percentage	 	 

     “LIBOR Rate Loans” shall mean Loans the rate of interest applicable to which is based
on the LIBOR Rate.

     “Lien” shall mean any mortgage, pledge, hypothecation, assignment for security,
deposit arrangement in which a lien arises, encumbrance, lien (statutory or other), charge or other
security interest or any other security agreement or preferential arrangement which has the
practical effect of constituting a security interest, as to property of any kind or nature
whatsoever (including, without limitation, any conditional sale or other title retention agreement
and any Capital Lease having substantially the same economic effect as any of the foregoing).

17

 

     “Loan” shall mean a Revolving Loan and/or a Swingline Loan, as appropriate.

     “LOC Commitment” shall mean the commitment of the Issuing Lender to issue Letters of
Credit on or after the Closing Date in an amount up to the LOC Committed Amount and with respect to
each Revolving Lender, the commitment of such Revolving Lender to purchase Participation Interests
in Letters of Credit based on such Revolving Lender’s Revolving Commitment Percentage, as such
amount may be reduced from time to time in accordance with the provisions hereof.

     “LOC Committed Amount” shall have the meaning set forth in Section 2.3(a).

     “LOC Documents” shall mean, with respect to any Letter of Credit, such Letter of
Credit, any amendments thereto, any documents delivered in connection therewith, any application
therefor, and any agreements, instruments, guarantees or other documents (whether general in
application or applicable only to such Letter of Credit) governing or providing for (a) the rights
and obligations of the parties concerned or (b) any collateral security for such obligations.

     “LOC Obligations” shall mean, at any time, the sum of (a) the maximum amount which is,
or at any time thereafter may become, available to be drawn under Letters of Credit then
outstanding, assuming compliance with all requirements for drawings referred to in such Letters of
Credit plus (b) the aggregate amount of all drawings under Letters of Credit honored by the
Issuing Lender but not theretofore reimbursed. For purposes of determining the LOC Obligations for
any Existing Letter of Credit denominated in Pounds Sterling, the face amount of such Existing
Letter of Credit and any drawings under such Existing Letter of Credit shall be converted to
Dollars based on the spot rate, as determined by the Administrative Agent on any date of
determination.

     “Mandatory LOC Borrowing” shall have the meaning set forth in Section 2.3(e).

     “Mandatory Swingline Borrowing” shall have the meaning set forth in Section
2.4(b)(ii).

     “Material Adverse Effect” shall mean a material adverse effect on (a) the business,
operations, property, assets or financial condition of the Credit Parties and their Subsidiaries
taken as a whole, (b) the ability of the Credit Parties to perform their material obligations, when
such obligations are required to be performed, under this Credit Agreement, any of the Notes or any
other Credit Document or (c) the validity or enforceability of this Credit Agreement, any of the
Notes or any of the other Credit Documents or the rights or remedies of the Administrative Agent or
the Lenders hereunder or thereunder.

     “Material Contract” shall mean (a) any contract or other agreement, written or oral,
of the Credit Parties or any of their Subsidiaries involving monetary liability of or to any such
Person in an amount in excess of $50,000,000 per annum and (b) any other contract, agreement,
permit or license of the Credit Parties or any of their Subsidiaries on which the business of the
Borrower and its Subsidiaries (taken as a whole) is substantially dependent.

18

 

     “Material Domestic Subsidiary” shall mean, as of any date of determination, any direct
or indirect Domestic Subsidiary of the Borrower that (a) holds the Capital Stock of a Credit Party,
(b) individually generates more than five percent (5%) of the Consolidated Revenues for the period
of four (4) consecutive fiscal quarters ending as of the end of the fiscal quarter
immediately preceding such date of determination on a Pro Forma Basis (in the case of a newly
acquired Subsidiary) or five percent (5%) of Consolidated Total Assets as of the end of the fiscal
quarter immediately preceding such date of determination on a Pro Forma Basis (in the case of a
newly acquired Subsidiary); provided that, in the event the Consolidated Revenues or
Consolidated Total Assets of all Domestic Subsidiaries that do not constitute Material Domestic
Subsidiaries exceeds fifteen percent (15%) of the Consolidated Revenues or Consolidated Total
Assets, the Borrower (or the Administrative Agent, in the event the Borrower has failed to do so
within ten (10) days of request therefor by the Administrative Agent) shall, to the extent
necessary, designate sufficient Domestic Subsidiaries to be deemed to be “Material Domestic
Subsidiaries” to eliminate such excess, and such designated Domestic Subsidiaries shall thereafter
constitute Material Domestic Subsidiaries or (c) shall guarantee any Subordinated Debt or shall
become directly liable for obligations under any Subordinated Debt.

     “Materials of Environmental Concern” shall mean any gasoline or petroleum (including
crude oil or any fraction thereof) or petroleum products or any hazardous or toxic substances,
materials or wastes, defined or regulated as such in or under any Environmental Law, including,
without limitation, asbestos, polychlorinated biphenyls and urea-formaldehyde insulation.

     “Maturity Date” shall mean (a) with respect to all Non-Extending Revolving
Commitments, January 24, 2011 (the “Existing Maturity Date”) and (b) with respect to all
Extended Revolving Commitments, January 24, 2013 (the “Extended Maturity Date”).

     “Maximum Revolving Availability” shall mean the aggregate amount of Revolving Loans
the Borrower shall be permitted to have outstanding under this Agreement without causing a Default
or Event of Default under Section 5.9(a) calculated on a Pro Forma Basis.

     “Minimum Liquidity” shall mean, as of any date of determination, the sum of cash of
the Borrower held in accounts located in the United States plus the unused amount of the Revolving
Committed Amount.

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

     “Multiemployer Plan” shall mean a Plan that is a multiemployer plan as defined in
Section 4001(a)(3) of ERISA.

     “Net Cash Proceeds” shall mean the aggregate cash proceeds received by any Credit
Party or any Subsidiary in respect of any Asset Disposition, Debt Issuance or Recovery Event, net
of (a) direct costs paid or payable as a result thereof (including, without limitation, legal,
accounting and investment banking fees, and sales commissions) and (b) taxes paid or payable as a
result thereof; it being understood that “Net Cash Proceeds” shall include, without limitation, any
cash received upon the sale or other disposition of any non-cash consideration received by any
Credit Party or any Subsidiary in respect of any Asset Disposition, Debt Issuance or Recovery
Event.

19

 

     “Non-Extending Revolving Commitments” shall mean all Revolving Commitments other than
Extended Revolving Commitments.

     “Note” or “Notes” shall mean the Revolving Notes and/or the Swingline Notes,
collectively, separately or individually, as appropriate.

     “Notice of Borrowing” shall mean a request for a Revolving Loan borrowing pursuant to
Section 2.1(b)(i) or a request for a Swingline Loan borrowing pursuant to Section 2.4(b)(i), as
appropriate. A Form of Notice of Borrowing is attached as Schedule 2.1(b)(i).

     “Notice of Conversion/Extension” shall mean the written notice of conversion of a
LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan,
or continuation of a LIBOR Rate Loan, in each case substantially in the form of Schedule
2.10.

     “OFAC” shall mean the U.S. Department of the Treasury’s Office of Foreign Assets
Control.

     “Operating Lease” shall mean, as applied to any Person, any lease (including, without
limitation, leases which may be terminated by the lessee at any time) of any property (whether
real, personal or mixed) which is not a Capital Lease other than any such lease in which that
Person is the lessor.

     “Participant” shall have the meaning set forth in Section 9.6(b).

     “Participating Member State” means each country so described in any EMU Legislation.

     “Participation Interest” shall mean a participation interest purchased by a Revolving
Lender in LOC Obligations as provided in Section 2.3(c) and in Swingline Loans as provided in
Section 2.4.

     “Patent Licenses” shall mean all agreements, whether written or oral, providing for
the grant by or to a Credit Party of any right to manufacture, use or sell any invention covered by
a Patent, including, without limitation, any thereof referred to in Schedule 3.16 to the
Credit Agreement.

     “Patents” shall mean (a) all letters patent of the United States or any other country,
now existing or hereafter arising, and all improvement patents, reissues, reexaminations, patents
of additions, renewals and extensions thereof, including, without limitation, any thereof referred
to in Schedule 3.16 to this Credit Agreement, and (b) all applications for letters patent
of the United States or any other country, now existing or hereafter arising, and all provisionals,
divisions, continuations and continuations-in-part and substitutes thereof, including, without
limitation, any thereof referred to in Schedule 3.16 to this Credit Agreement.

     “PBGC” shall mean the Pension Benefit Guaranty Corporation established pursuant to
Subtitle A of Title IV of ERISA.

20

 

     “Perfection Collateral” shall mean that portion of the Collateral as to which
perfection of the Lien thereon is contemplated pursuant to Section 5.12(c)(i) and, upon the
Administrative Agent’s notification to the Borrower thereof, pursuant to Section 5.12(c)(ii).

     “Permitted Acquisition” shall mean an acquisition or any series of related
acquisitions by a Credit Party of (a) all or substantially all of the assets or a majority of the
Voting Stock of a Person, (b) a Person by a merger, amalgamation or consolidation or any other
combination with such Person or (c) any division, line of business or other business unit of a
Person (such Person or such division, line of business or other business unit of such Person shall
be referred to herein as the “Target”), in each case that is a type of business (or assets
used in a type of business) permitted to be engaged in by the Credit Parties and their Subsidiaries
pursuant to Section 6.3, so long as (i) no Default or Event of Default shall then exist or would
exist after giving effect thereto, (ii) the Credit Parties shall demonstrate to the reasonable
satisfaction of the Administrative Agent that, after giving effect to the acquisition on a Pro
Forma Basis, (A) the Total Leverage Ratio as of the last day of the most recently completed fiscal
quarter or year end, as the case may be, of the Borrower for which financial statements have been
delivered pursuant to Section 5.1 shall be (I) during the period from the Closing Date through and
including December 31, 2006, less than 3.50 to 1.0 and (II) on and after January 1, 2007, less than
3.25 to 1.0, and (B) the Credit Parties are in compliance with each of the other financial
covenants set forth in Section 5.9, (iii) if at the time of such acquisition the Release Conditions
are not satisfied and the Target is a United States Person, the Administrative Agent, on behalf of
the Lenders, shall have received (or shall receive in connection with the closing of such
acquisition) a first priority perfected security interest (subject to Permitted Liens) in all
personal property (including, without limitation, Capital Stock, but excluding any type of property
which is not Collateral pursuant to the Security Documents entered into by the other Credit
Parties) acquired with respect to the Target in accordance with the terms of Sections 5.10 and 5.12
and the Target, if a Person, shall have executed a Joinder Agreement in accordance with the terms
of Section 5.10, (iv) the Administrative Agent shall have received from the Borrower (and each
Lender shall have received from the Administrative Agent, if requested) (A) a description of the
material terms of such acquisition, (B) audited financial statements (or, if unavailable,
management-prepared financial statements) of the Target for its two most recent fiscal years and
for any fiscal quarters ended within the fiscal year to date and (C) consolidated projected income
statements of the Borrower and its consolidated Subsidiaries (giving effect to such acquisition)
for at least the twelve (12) month period following the proposed closing date for such acquisition,
all in form and substance reasonably satisfactory to the Administrative Agent, (v) the Target shall
have, pro forma on a stand alone basis, earnings before interest, taxes, depreciation and
amortization for the four fiscal quarter period prior to the acquisition date in an amount greater
than $0, and (vi) such acquisition shall not be a “hostile” acquisition and shall have been
approved by the Board of Directors and/or shareholders of the applicable Credit Party and the
Target.

     “Permitted Investments” shall mean:

     (a) cash and Cash Equivalents;

     (b) Investments existing as of the Closing Date and set forth on Schedule
1.1(b);

21

 

     (c) receivables owing to the Credit Parties or any of their Subsidiaries and advances
to suppliers, in each case if created, acquired or made in the ordinary course of business
and payable or dischargeable in accordance with customary trade terms;

     (d) Investments in any Credit Party;

     (e) loans and advances to officers, directors and employees in an aggregate amount not
to exceed $1,000,000 at any time outstanding;

     (f) Investments (including debt obligations) received in connection with the bankruptcy
or reorganization of suppliers and customers and in settlement of delinquent obligations of,
and other disputes with, customers and suppliers arising in the ordinary course of business;

     (g) Investments, acquisitions or transactions permitted under Article VI, including
Sections 6.1, 6.2 and 6.4 (including any Investments owned by a Person acquired in a
Permitted Acquisition);

     (h) Hedging Agreements to the extent permitted hereunder;

     (i) Repurchases of Capital Stock of the Borrower from employees or former employees to
the extent permitted by Section 6.10(f);

     (j) Permitted Acquisitions;

     (k) Investments (in addition to (1) those Investments in Subsidiaries existing as of
the Second Amendment Effective Date and disclosed to the Administrative Agent on Schedule
1.1(b), (2) Guaranty Obligations permitted by Section 6.1(h) and (3) the transfer by the
applicable Credit Parties of the Capital Stock of Belden Electronics S.a.r.l., a company
organized under the laws of France, Belden (UK) Limited, a company organized under the laws
of the United Kingdom and Noslo Limited, a company organized under the laws of the United
Kingdom to one or more Subsidiaries of Belden Global CV, a company organized under the laws
of the Netherlands) (i) by Subsidiaries which are not Credit Parties in Subsidiaries which
are not Credit Parties; and (ii) by Credit Parties in Subsidiaries which are not Credit
Parties; provided, that (A) if, at the time of making any Investment pursuant to this clause
(k)(ii), the Total Leverage Ratio is greater than or equal to 3.0 to 1.0 (to be tested on a
pro forma basis (as of the last day of the most recently completed fiscal quarter of the
Borrower for which financial statements have been delivered in accordance with the terms of
Section 5.1)), the aggregate outstanding amount of all such Investments made pursuant to
this clause (k)(ii), when combined (without duplication) with the amount of any outstanding
Indebtedness incurred pursuant to clause (iv) of Section 6.1(d), shall not exceed 15% of
Consolidated Foreign and Domestic Assets determined as of the date of such Investment and
(B) all Investments made pursuant to clause (k)(ii) on and after the Fourth Amendment
Effective Date shall, to the extent permitted by applicable law and feasible without
incurring adverse tax consequences, be in the form of intercompany loans which shall be
evidenced

22

 

by “floating balance” promissory notes not requiring notations having terms
reasonably satisfactory to the Administrative Agent, the sole originally executed
counterparts of which shall be pledged and delivered to the Administrative Agent, for the
benefit of the
Secured Parties, as security for the Credit Party Obligations to the extent required by
Section 5.12;

     (l) deposits made in the ordinary course of business required by government agencies,
public utilities or insurance companies;

     (m) Reserved; and

     (n) additional loans, advances and/or Investments of a nature not contemplated by the
foregoing clauses hereof; provided that such loans, advances and/or Investments made
pursuant to this clause shall not exceed an aggregate amount of $2,000,000 at any time
outstanding.

          “Permitted Liens” shall mean:

     (a) Liens created by or otherwise existing under or in connection with this Credit
Agreement or the other Credit Documents in favor of the Administrative Agent on behalf of
the Secured Parties;

     (b) Liens in favor of a Hedging Agreement Provider in connection with a Secured Hedging
Agreement; provided that such Liens shall secure the Credit Party Obligations (other
than obligations under such Secured Hedging Agreement) and the obligations under such
Secured Hedging Agreement on a pari passu basis;

     (c) Liens securing purchase money Indebtedness and Capital Lease Obligations (and
refinancings thereof) to the extent permitted under Section 6.1(c); provided, that
(i) any such Lien attaches to the property securing such Indebtedness or Capital Lease
Obligations concurrently with or within ninety (90) days after the acquisition thereof and
(ii) such Lien attaches solely to the property so acquired in such transaction;

     (d) Liens for taxes, assessments, charges or other governmental levies not yet due or
as to which the period of grace (not to exceed sixty (60) days), if any, related thereto has
not expired or which are being contested in good faith by appropriate proceedings;
provided that adequate reserves with respect thereto are maintained on the books of
any Credit Party or its Subsidiaries, as the case may be, in conformity with GAAP;

     (e) statutory Liens such as carriers’, warehousemen’s, mechanics’, materialmen’s and
supplier’s (including sellers of goods), landlords’, repairmen’s or other Liens imposed by
law or pursuant to customary reservations of retention of title arising in the ordinary
course of business which are not overdue for a period of more than thirty (30) days or which
are being contested in good faith by appropriate proceedings;

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     (f) pledges or deposits in connection with workers’ compensation, unemployment
insurance and other social security legislation and deposits securing
liability to insurance carriers under insurance or self-insurance arrangements in the
ordinary course of business;

     (g) deposits to secure the performance of bids, trade contracts (other than for
borrowed money), leases, statutory obligations, contractual or warranty requirements, surety
and appeal bonds, performance bonds and other obligations of a like nature incurred in the
ordinary course of business;

     (h) easements (including reciprocal easement agreements and utility agreements), rights
of way, covenants, consents, reservations, encroachments, variations, restrictions on the
use of real property, minor defects or irregularities in title, lessor’s liens, and other
similar restricting charges or encumbrances affecting real property or fixtures and
improvements thereon which do not materially interfere with the value or use of the property
so encumbered;

     (i) any extension, renewal or replacement (or successive extensions, renewals or
replacements), in whole or in part, of any Lien referred to in this definition (other than
Liens set forth on Schedule 1.1(c)); provided that such extension, renewal
or replacement Lien shall be limited to all or a part of the property which secured the Lien
so extended, renewed or replaced (plus improvements on such property);

     (j) Liens existing on the Closing Date and set forth on Schedule 1.1(c);
provided that (i) no such Lien shall at any time be extended to cover property or
assets other than the property or assets subject thereto on the Closing Date and
improvements thereon and the proceeds thereof and (ii) the principal amount of the
Indebtedness secured by such Lien shall not be extended, renewed, refunded or refinanced;

     (k) Liens evidenced by precautionary UCC financing statements in respect of Operating
Leases permitted by this Agreement;

     (l) Liens arising out of judgments, decrees and attachments not resulting in an Event
of Default;

     (m) Liens arising in the ordinary course of business by virtue of any contractual,
statutory or common law provision relating to banker’s Liens, rights of set-off or similar
rights and remedies covering deposit or securities accounts (including funds or other assets
credited thereto) or other funds maintained with a depository institution or securities
intermediary;

     (n) any zoning, building or similar laws or rights reserved to or vested in any
Governmental Authority;

     (o) Liens on (i) the property of a Person existing at the time such Person becomes a
Subsidiary of a Credit Party and (ii) property or assets existing at the time such property
or assets are acquired by any Credit Party or any of its Subsidiaries, in each

24

 

case in a
transaction permitted hereunder and securing Indebtedness in an aggregate principal amount
not to exceed $10,000,000 at any time outstanding; provided, however,
that any such Lien may not extend to any other property other than the property subject to
such Lien on the date such Person becomes a Subsidiary or such property or assets are
acquired; provided, further, that any such Lien was not created in
anticipation of or in connection with the transaction or series of transactions pursuant to
which such Person became a Subsidiary of a Credit Party or such property or assets were
acquired;

     (p) any interest or title of a lessor, licensor or sublessor under any lease, license
or sublease entered into by any Credit Party or any Subsidiary thereof permitted by this
Agreement and in the ordinary course of its business and covering only the assets so leased,
licensed or subleased;

     (q) assignments of insurance or condemnation proceeds provided to landlords (or their
mortgagees) pursuant to the terms of any lease and Liens or rights reserved in any lease for
rent or for compliance with the terms of such lease;

     (r) Liens created by a Foreign Subsidiary securing Indebtedness as allowed under
Section 6.1(m);

     (s) Liens in favor of the Issuing Lender and/or Swingline Lender to cash collateralize
or otherwise secure the obligations of a Defaulting Lender or an Impacted Lender to fund
risk participations hereunder; and

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

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

     “Plan” shall mean, as of any date of determination, any employee benefit plan which is
covered by Title IV of ERISA and in respect of which any Credit Party or a Commonly Controlled
Entity is (or, if such plan were terminated at such time, would under Section 4069 of ERISA be
deemed to be) an “employer” as defined in Section 3(5) of ERISA.

     “Pledge Agreement” shall mean the Pledge Agreement dated as of the Closing Date
executed by the Credit Parties and each Person required to become a party thereto pursuant to
Section 5.10 in favor of the Administrative Agent, for the benefit of the Secured Parties, as the
same may from time to time be amended, restated, amended and restated, supplemented or otherwise
modified in accordance with the terms hereof and thereof.

     “Pounds Sterling” shall mean British pounds sterling, the lawful currency of the
United Kingdom.

     “Prime Rate” shall have the meaning set forth in the definition of Alternate Base
Rate.

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     “Pro Forma Basis” shall mean, with respect to any transaction, that such transaction
shall be deemed to have occurred as of the first day of the twelve-month period ending as of the
most
recent fiscal quarter or year end, as the case may be, of the Borrower for which financial
statements have been delivered pursuant to Section 5.1 preceding the date of such transaction.

     “Properties” shall have the meaning set forth in Section 3.10(a).

     “Purchase Money Lien” shall mean any Lien (including a negative pledge arrangement)
granted by any Credit Party or its Subsidiaries from time to time to vendors or financiers of
equipment or property to secure the payment of the purchase price thereof so long as (a) such Liens
extend only to the specific equipment or property so purchased, (b) secure only such deferred
payment obligation and related interest, fees and charges and other obligations under the related
contract and no other Indebtedness, and (c) are promptly released upon the payment in full of such
purchase price and related interest, fees and charges by operation of law or otherwise.

     “Purchasing Lenders” shall have the meaning set forth in Section 9.6(c).

     “Recovery Event” shall mean the receipt by any Credit Party or any of its Subsidiaries
of any cash insurance proceeds or condemnation award payable by reason of theft, loss, physical
destruction or damage, taking or similar event with respect to any of their respective property or
assets.

     “Register” shall have the meaning set forth in Section 9.6(d).

     “Reimbursement Obligation” shall mean the obligation of the Borrower to reimburse the
Issuing Lender pursuant to Section 2.3(d) for amounts drawn under Letters of Credit.

     “Release Conditions” shall mean each of the following: (a) the Borrower having
obtained the Release Rating, (b) the Borrower’s senior unsecured debt continuing to be rated by
both S&P and Moody’s, and (c) after the Borrower having obtained the Release Rating, the Borrower
maintaining at all times a senior unsecured credit rating higher than or equal to BB+ and Ba1 by
both S&P and Moody’s, respectively.

     “Release Rating” shall mean a senior unsecured credit rating of BBB- (Stable) and Baa3
(Stable) or better by both S&P and Moody’s, respectively.

     “Reorganization” shall mean, with respect to any Multiemployer Plan, the condition
that such Plan is in reorganization within the meaning of such term as used in Section 4241 of
ERISA.

     “Reportable Event” shall mean any of the events set forth in Section 4043(c) of ERISA,
other than those events as to which the thirty-day notice period is waived under PBGC Reg. §4043.

     “Required Lenders” shall mean, as of any date of determination, Lenders holding at
least a majority of (a) the outstanding Revolving Commitments or (b) if the Revolving Commitments

26

 

have been terminated, the outstanding Loans and Participation Interests; provided,
however, that if any Lender shall be a Defaulting Lender at such time, then there shall be
excluded from the
determination of Required Lenders, outstanding Loans and Participation Interests owing to such
Defaulting Lender and such Defaulting Lender’s Revolving Commitments.

     “Requirement of Law” shall mean, as to any Person, the articles or certificate of
incorporation and by-laws or other organizational or governing documents of such Person, and each
law, treaty, rule or regulation issued by a Governmental Authority, or binding determination of an
arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon
such Person or any of its property or to which such Person or any of its property is subject.

     “Responsible Officer” shall mean as to (a) the Borrower, the President, the Chief
Executive Officer, Chief Financial Officer or Treasurer thereof and (b) any other Credit Party, any
duly elected and authorized officer thereof.

     “Restricted Payment” shall mean (a) any dividend or other distribution, direct or
indirect, on account of any shares of any class of Capital Stock of any Credit Party or any of its
Subsidiaries, now or hereafter outstanding, (b) any redemption, retirement, sinking fund or similar
payment, purchase or other acquisition for value, direct or indirect, of any shares of any class of
Capital Stock of any Credit Party or any of its Subsidiaries, now or hereafter outstanding, (c) any
payment made to retire, or to obtain the surrender of, any outstanding warrants, options or other
rights to acquire shares of any class of Capital Stock of any Credit Party or any of its
Subsidiaries, now or hereafter outstanding, (d) any payment with respect to any earnout obligation
and (e) any payment or prepayment of principal of, premium, if any, or interest on, redemption,
purchase, retirement, defeasance, sinking fund or similar payment with respect to any Subordinated
Debt or any other publicly held or privately placed Indebtedness incurred in accordance with
Section 6.1(p).

     “Revaluation Date” shall mean each of the following: (a) each date a Loan is made
pursuant to Section 2.1; (b) each date a LIBOR Rate Loan is continued pursuant to Section 2.10;
(c) each date a Revolving Loan is made to reimburse a Swingline Loan or drawing under a Letter of
Credit or a Participation Interest is required to be purchased in an outstanding Swingline Loan or
outstanding LOC Obligations pursuant to the terms of this Agreement; (d) the last Business Day of
each calendar month; (e) such additional dates as the Administrative Agent or the Required Lenders
shall reasonably specify; and (f) each date a LIBOR Rate Loan is converted to, and/or denominated
as, an Alternate Base Rate Loan pursuant to Section 2.15.

     “Revolving Commitment” shall mean, with respect to each Revolving Lender, the
commitment of such Revolving Lender to make Revolving Loans in an aggregate principal amount at any
time outstanding up to an amount equal to such Revolving Lender’s Revolving Commitment Percentage
of the Revolving Committed Amount.

     “Revolving Commitment Percentage” shall mean, for each Revolving Lender, the
percentage identified as its Revolving Commitment Percentage in its Lender Commitment Letter or in
the Commitment Transfer Supplement pursuant to which such Lender became a Lender hereunder, as such
percentage may be modified in connection with any assignment made in

27

 

accordance with the provisions
of Section 9.6(c). The sum of Revolving Commitment Percentages of all Lenders shall equal one
hundred percent (100%).

     “Revolving Committed Amount” shall have the meaning set forth in Section 2.1(a).

     “Revolving Lender” shall mean, as of any date of determination, a Lender holding a
Revolving Commitment on such date.

     “Revolving Loan” shall have the meaning set forth in Section 2.1.

     “Revolving Note” or “Revolving Notes” shall mean the promissory notes of the
Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders requesting a
promissory note evidencing the Revolving Loans provided by any such Revolving Lender pursuant to
Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be
amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

     “S&P” shall mean Standard & Poor’s Ratings Services, a division of The McGraw Hill
Companies, Inc.

     “Same Day Funds” shall mean (a) with respect to disbursements and payments in Dollars,
funds available for disbursement or payment on the same Business Day and (b) with respect to
disbursements and payments in a Foreign Currency, same day or other funds as may be determined by
the Administrative Agent or the Issuing Lender, as the case may be, to be customary in the place of
disbursement or payment for the settlement of international banking transactions in such Foreign
Currency.

     “Sanctioned Country” shall mean a country subject to a sanctions program identified on
the list maintained by OFAC and available at
http://www.treas.gov/offices/eotffc/ofac/sanctions/index.html, or as otherwise published
from time to time.

     “Sanctioned Person” shall mean (a) a Person named on the list of “Specially Designated
Nationals and Blocked Persons” maintained by OFAC available at
http://www.treas.gov/offices/eotffc/ofac/sdn/index.html, or as otherwise published from
time to time, or (b) (i) an agency of the government of a Sanctioned Country, (ii) an organization
controlled by a Sanctioned Country, or (iii) a person resident in a Sanctioned Country, to the
extent subject to a sanctions program administered by OFAC.

     “Scheduled Funded Debt Payments” shall mean, as of any date of determination for the
Credit Parties and their Subsidiaries, the sum of all scheduled payments of principal on Funded
Debt for the applicable period ending on the date of determination (including the principal
component of payments due on Capital Leases during the applicable period ending on the date of
determination).

     “Second Amendment Effective Date” shall mean December 21, 2007.

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     “Secured Hedging Agreement” shall mean any Hedging Agreement between a Credit Party
and a Hedging Agreement Provider, as amended, restated, amended and restated, modified,
supplemented or extended from time to time.

     “Secured Parties” shall mean the Administrative Agent, the Lenders and the Hedging
Agreement Providers.

     “Securities Account Control Agreement” shall mean an agreement, among a Credit Party,
a securities intermediary, and the Administrative Agent, which agreement is in a form acceptable to
the Administrative Agent and which provides the Administrative Agent with “control” (as such term
is used in Articles 8 and 9 of the UCC) over the securities account(s) described therein, as the
same may be as amended, modified, extended, restated, replaced, or supplemented from time to time.

     “Security Agreement” shall mean the Security Agreement dated as of the Closing Date
executed by the Credit Parties and each Person required to become a party thereto pursuant to
Section 5.10 in favor of the Administrative Agent, for the benefit of the Secured Parties, as
amended, restated, amended and restated, modified or supplemented from time to time in accordance
with its terms.

     “Security Documents” shall mean the Security Agreement, the Pledge Agreement, each
Deposit Account Control Agreement, each Securities Account Control Agreement and all other
agreements, documents and instruments executed by a Credit Party in connection with any of the
foregoing documents or granting to the Administrative Agent, Liens to secure the Credit Party
Obligations whether now or hereafter executed and/or filed, each as may be amended from time to
time in accordance with the terms hereof, executed and delivered in connection with the granting,
attachment and perfection of the Administrative Agent’s security interests and liens arising
thereunder, including, without limitation, UCC financing statements.

     “Single Employer Plan” shall mean any Plan that is not a Multiemployer Plan.

     “Spot Rate” shall mean, for any currency, the rate determined by the Administrative
Agent, to be the rate quoted by the Person acting in such capacity as the spot rate for the
purchase by such Person of such currency with another currency through its principal foreign
exchange trading office at approximately 11:00 a.m. on the date two (2) Business Days prior to the
date as of which the foreign exchange computation is made; provided that the Administrative
Agent may obtain such spot rate from another financial institution designated by the Administrative
Agent if the Person acting in such capacity does not have as of the date of determination a spot
buying rate for any such currency.

     “Subordinated Debt” shall mean any Indebtedness incurred by any Credit Party which by
its terms is specifically subordinated in right of payment to the prior payment of the Credit Party
Obligations and contains subordination, maturity and other terms reasonably acceptable to the
Required Lenders, including, without limitation, the Existing Senior Subordinated Notes.

     “Subordinated Note Documents” shall mean, collectively, the Existing Senior
Subordinated Notes and the Existing Senior Subordinated Note Indentures.

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     “Subsidiary” shall mean, as to any Person, a corporation, partnership, limited
liability company or other entity of which shares of stock or other ownership interests having
ordinary
voting power (other than stock or such other ownership interests having such power only by reason
of the happening of a contingency) to elect a majority of the board of directors or other managers
of such corporation, partnership or other entity are at the time owned, or the management of which
is otherwise controlled, directly or indirectly through one or more intermediaries, or both, by
such Person. Unless otherwise qualified, all references to a “Subsidiary” or to “Subsidiaries” in
this Credit Agreement shall refer to a Subsidiary or Subsidiaries of the Borrower.

     “Swingline Commitment” shall mean the commitment of the Swingline Lender to make
Swingline Loans in an aggregate principal amount at any time outstanding up to the Swingline
Committed Amount, and the commitment of the Revolving Lenders to purchase participation interests
in the Swingline Loans as provided in Section 2.4(b)(ii), as such amounts may be reduced from time
to time in accordance with the provisions hereof.

     “Swingline Committed Amount” shall mean the amount of the Swingline Lender’s Swingline
Commitment as specified in Section 2.4(a).

     “Swingline Lender” shall mean Wachovia and any successor in such capacity.

     “Swingline Loan” shall have the meaning set forth in Section 2.4(a).

     “Swingline Note” shall mean the promissory note of the Borrower in favor of the
Swingline Lender evidencing the Swingline Loans provided pursuant to Section 2.4(d), as such
promissory note may be amended, modified, supplemented, extended, renewed or replaced from time to
time.

     “Target Settlement Day” means any day on which the Trans-European Automated Real-Time
Gross Settlement Express Transfer (TARGET) System is open.

     “Taxes” shall have the meaning set forth in Section 2.18.

     “Termination Date” shall mean the date upon which all Credit Party Obligations have
been paid in full in cash (other than LOC Obligations specified in clause (a) of the definition
thereof and contingent indemnification and reimbursement obligations with respect to which no claim
is due and payable), all Commitments have been terminated, and, with respect to LOC Obligations
specified in clause (a) of the definition thereof, all such LOC Obligations have expired,
terminated, been cash collateralized on terms reasonably acceptable to the Issuing Lender and the
Administrative Agent or been backed by standby letters of credit reasonably acceptable to the
Issuing Lender and the Administrative Agent.

     “Third Amendment Effective Date” shall mean March 24, 2009.

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     “Total Debt” shall mean, at any date, and without duplication, the aggregate principal
amount of Funded Debt of the Credit Parties and their Subsidiaries as determined on a consolidated
basis in accordance with GAAP.

     “Total Leverage Ratio” shall mean, as of the end of each fiscal quarter of the
Borrower, for the Borrower and its Subsidiaries on a consolidated basis, for the four consecutive
fiscal quarters ending on such date, the ratio of (a) Total Debt on such date to (b) Consolidated
EBITDA for such period; provided that for the calculation of the Total Leverage Ratio in
Section 5.9(a) and 4.2(g)(i) only, the numerator shall be reduced by an amount equal to the amount
of cash and Cash Equivalents of the Credit Parties that are subject to Deposit Account Control
Agreements and/or Securities Account Control Agreements to the extent such cash and Cash
Equivalents exceed $50,000,000; provided, that the maximum amount of the reduction to the
numerator on account of such cash and Cash Equivalents shall be $50,000,000.

     “Trademark License” shall mean any agreement, whether written or oral, providing for
the grant by or to a Credit Party of any right to use any Trademark, including, without limitation,
any thereof referred to in Schedule 3.16 to this Credit Agreement, but excluding any
license of a Trademark to a Credit Party with respect to a generally available product.

     “Trademarks” shall mean (a) all trademarks, trade names, corporate names, company
names, business names, fictitious business names, service marks, elements of package or trade dress
of goods or services, logos and other source or business identifiers, together with the goodwill
associated therewith, now existing or hereafter adopted or acquired, all registrations and
recordings thereof, and all applications in connection therewith, whether in the United States
Patent and Trademark Office or in any similar office or agency of the United States, any State
thereof or any other country or any political subdivision thereof, including, without limitation,
any thereof referred to in Schedule 3.16 to this Credit Agreement, and (b) all renewals
thereof including, without limitation, any thereof referred to in Schedule 3.16.

     “Tranche” shall mean the collective reference to LIBOR Rate Loans whose Interest
Periods begin and end on the same day.

     “Transactions” shall mean the closing of this Agreement and the other Credit
Documents, and the other transactions contemplated hereby to occur in connection with such closing
(including, without limitation, the initial borrowings under the Credit Documents and the payment
of fees and expenses in connection with all of the foregoing).

     “Transfer Effective Date” shall have the meaning set forth in each Commitment Transfer
Supplement.

     “Type” shall mean, as to any Loan, its nature as an Alternate Base Rate Loan or LIBOR
Rate Loan, as the case may be.

     “UCC” shall mean the Uniform Commercial Code from time to time in effect in any
applicable jurisdiction.

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     “Vehicles” shall mean all of the Credit Parties’ cars, trucks, trailers, rolling
stock, construction and earth moving equipment and other vehicles covered by a certificate of title
law of any state and all tires and other appurtenances to any of the foregoing, all whether now
existing or owned or hereafter acquired or arising.

     “Voting Stock” shall mean, with respect to any Person, Capital Stock issued by such
Person the holders of which are ordinarily, in the absence of contingencies, entitled to vote for
the election of directors (or persons performing similar functions) of such Person, even though the
right so to vote may be or have been suspended by the happening of such a contingency.

     “Wachovia” shall mean Wachovia Bank, National Association, a national banking
association, together with its successors and/or assigns.

     “Works” shall mean all works which are subject to copyright protection pursuant to
Title 17 of the United States Code.

     Section 1.2 Other Definitional Provisions.

     (a) Unless otherwise specified therein, all terms defined in this Credit Agreement
shall have the defined meanings when used in the Notes or other Credit Documents or any
certificate or other document made or delivered pursuant hereto.

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

     (c) The meanings given to terms defined herein shall be equally applicable to both the
singular and plural forms of such terms.

     Section 1.3 Accounting Terms.

     Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all
accounting determinations hereunder shall be made, and all financial statements required to be
delivered hereunder shall be prepared in accordance with GAAP applied on a basis consistent with
the most recent audited consolidated financial statements of the Borrower delivered to the Lenders;
provided that, if the Borrower shall notify the Administrative Agent that it wishes to
amend any provision in Section 5.9 to eliminate the effect of any change in GAAP on the operation
of any such definition or provision (or if the Administrative Agent notifies the Borrower that the
Required Lenders wish to amend any such definition or provision for such purpose), then the
Borrower’s compliance with such provisions shall be determined on the basis of GAAP in effect
immediately before the relevant change in GAAP became effective, until either such notice is
withdrawn or such definition or provision is amended in a manner satisfactory to the Borrower and
the Required Lenders.

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     The Borrower shall deliver to the Administrative Agent and each Lender at the same time as the
delivery of any annual or quarterly financial statements given in accordance with the provisions of
Section 5.1, (a) a description in reasonable detail of any material change in the application of
accounting principles employed in the preparation of such financial statements from those applied
in the most recently preceding quarterly or annual financial statements as to which no objection
shall have been made in accordance with the provisions above and (b) a
reasonable estimate of the effect on the financial statements on account of such changes in
application. The parties hereto acknowledge and agree that, for purposes of all calculations of
the Total Leverage Ratio, after consummation of any Permitted Acquisition, (i) income statement
items and other balance sheet items (whether positive or negative) attributable to the Target
acquired in such transaction shall be included in such calculations to the extent relating to such
applicable period, subject to adjustments mutually acceptable to the Borrower and the
Administrative Agent, and (ii) Indebtedness of a Target which is retired in connection with a
Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as
of the first day of such applicable period.

     Section 1.4 Resolution of Drafting Ambiguities.

     Each Credit Party acknowledges and agrees that it was represented by counsel in connection
with the execution and delivery of this Credit Agreement and the other Credit Documents to which it
is a party, that it and its counsel reviewed and participated in the preparation and negotiation
hereof and thereof and that any rule of construction to the effect that ambiguities are to be
resolved against the drafting party shall not be employed in the interpretation hereof or thereof.

     Section 1.5 Time References.

     Unless otherwise specified, all references herein to times of day shall be references to
Eastern time (daylight or standard, as applicable).

     Section 1.6 Exchange Rates; Currency Equivalents.

     (a) The Administrative Agent shall determine the Spot Rate as of each Revaluation Date to be
used for calculating the Dollar Equivalents of Extensions of Credit and amounts outstanding
hereunder denominated in a Foreign Currency. Such Spot Rate shall become effective as of such
Revaluation Date and shall be the Spot Rate employed in converting any amounts between the
applicable currencies until the next Revaluation Date to occur.

     (b) Wherever in this Agreement, in connection with any Extension of Credit, any conversion,
continuation or prepayment of a Loan or any renewal of a Letter of Credit, an amount, such as a
required minimum or multiple amount, is expressed in Dollars, but such Extension of Credit or Loan
is denominated in a Foreign Currency, such amount shall be the relevant Foreign Currency
Equivalent, as determined by the Administrative Agent.

     (c) Wherever in this Agreement an amount is expressed in Dollars, it shall be deemed to refer
to the Dollar Equivalent or Foreign Currency Equivalent thereof, as applicable.

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     (d) Determinations by the Administrative Agent pursuant to this Section shall be conclusive
absent demonstrable error.

     (e) Subject to the provisions of Section 9.19, each provision in this Agreement relating to
payments to be made by the Borrower on account of principal, interest and fees which requires
payment in Dollars, shall be deemed to mean (i) in the case of Loans or other amounts denominated
in Dollars, payment in Dollars and (ii) in the case of Loans or other amounts denominated in a
Foreign Currency, payment in such Foreign Currency.

ARTICLE II

THE LOANS; AMOUNT AND TERMS

     Section 2.1 Revolving Loans.

     (a) Revolving Commitment. During the Commitment Period, subject to the terms
and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans
in Dollars or a Foreign Currency (“Revolving Loans”) to the Borrower from time to
time for the purposes hereinafter set forth; provided, however, that
(i) with regard to each Revolving Lender individually, the sum of such Revolving Lender’s
Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving
Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding
Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of
outstanding LOC Obligations shall not exceed such Revolving Lender’s Revolving Commitment,
(ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal
amount of outstanding Revolving Loans plus outstanding Swingline Loans plus
outstanding LOC Obligations shall not exceed the Revolving Committed Amount then in effect
and (iii) the aggregate principal amount of outstanding Revolving Loans denominated in a
Foreign Currency shall not exceed the Foreign Currency Sublimit. For purposes hereof, the
aggregate principal amount available hereunder for Revolving Loans shall be TWO HUNDRED
FIFTY MILLION DOLLARS ($250,000,000) (as such aggregate maximum amount may be reduced from
time to time as provided in Section 2.7 or increased from time to time as provided in
Section 2.5 or modified as provided in Section 2.2, the “Revolving Committed
Amount”). Revolving Loans denominated in Dollars may consist of Alternate Base Rate
Loans or LIBOR Rate Loans, or a combination thereof, as the Borrower may request and
Revolving Loans denominated in a Foreign Currency may consist of LIBOR Rate Loans, and in
each case, may be repaid and reborrowed in accordance with the provisions hereof;
provided, however, the Revolving Loans made on the Closing Date or any of
the three (3) Business Days following the Closing Date may only consist of Alternate Base
Rate Loans unless the Borrower delivers a Funding Indemnity Letter to the Administrative
Agent at least three (3) Business Days prior to the Closing Date. LIBOR Rate Loans shall be
made by
each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans at its
Domestic Lending Office.

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     (b) Revolving Loan Borrowings.

     (i) Notice of Borrowing. The Borrower shall request a Revolving Loan
borrowing by delivering a Notice of Borrowing (or telephone notice promptly
confirmed in writing by delivery of a Notice of Borrowing, which delivery may be by
fax) to the Administrative Agent not later than 11:00 A.M. on the Business Day of
the requested borrowing in the case of Alternate Base Rate Loans, and on the third
Business Day prior to the date of the requested borrowing in the case of LIBOR Rate
Loans. Each such Notice of Borrowing shall be irrevocable and shall specify
(A) that a Revolving Loan is requested, (B) the date of the requested borrowing
(which shall be a Business Day), (C) the aggregate principal amount to be borrowed,
(D) whether the borrowing shall consist of Loans denominated in Dollars or a Foreign
Currency, (E) for borrowings denominated in Dollars, whether the borrowing shall
consist of an Alternate Base Rate Loan or a LIBOR Rate Loan, and (F) if a LIBOR Rate
Loan is requested, the Interest Period therefor. If the Borrower shall fail to
specify in any such Notice of Borrowing (1) an applicable Interest Period in the
case of a LIBOR Rate Loan, then such notice shall be deemed to be a request for an
Interest Period of one month, (2) the Type of Revolving Loan requested, then such
notice shall be deemed to be a request for an Alternate Base Rate Loan hereunder or
(3) the currency of such borrowing, then such notice shall be deemed to be a request
for Loans denominated in Dollars. The Administrative Agent shall give notice to
each Revolving Lender promptly upon receipt of each Notice of Borrowing, the
contents thereof and each such Revolving Lender’s share thereof.

     (ii) Minimum Amounts. Each Revolving Loan which is an Alternate Base
Rate Loan shall be in a minimum aggregate amount of $1,000,000 and in integral
multiples of $1,000,000 in excess thereof (or the remaining amount of the Revolving
Committed Amount, if less). Each Revolving Loan which is a LIBOR Rate Loan shall be
in a minimum aggregate amount of $5,000,000 and in integral multiples of $1,000,000
in excess thereof (or the remaining amount of the Revolving Committed Amount, if
less).

     (iii) Advances. Each Revolving Lender will make its Revolving
Commitment Percentage of each Revolving Loan borrowing available to the
Administrative Agent for the account of the Borrower at the office of the
Administrative Agent specified in Section 9.2, or at such other office as the
Administrative Agent may designate in writing, upon reasonable advance notice by
1:00 P.M. on the date specified in the applicable Notice of Borrowing, in the
currency in which such Loan was borrowed and in funds immediately available to the
Administrative Agent. Such borrowing will then be made available to the Borrower by
the Administrative Agent by crediting the account of the Borrower on the books of
such office with the aggregate of the amounts made available to
the Administrative Agent by the Revolving Lenders and in like funds as received by
the Administrative Agent.

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     (c) Repayment. Subject to the terms of this Credit Agreement, Revolving Loans
may be borrowed, repaid and reborrowed during the Commitment Period. The principal amount
of all Revolving Loans (i) to the extent made pursuant to Non-Extending Revolving
Commitments shall be due and payable in full on the Existing Maturity Date, unless
accelerated sooner pursuant to Section 7.2 and (ii) to the extent made pursuant to Extended
Revolving Commitments shall be due and payable in full on the Extended Maturity Date, unless
accelerated sooner pursuant to Section 7.2.

     (d) Interest. Subject to the provisions of Section 2.9(b), Revolving Loans
shall bear interest as follows:

     (i) Alternate Base Rate Loans. Each Alternate Base Rate Loan shall
bear interest at a per annum rate equal to the sum of the Alternate Base Rate
plus the Applicable Percentage; and

     (ii) LIBOR Rate Loans. Each LIBOR Rate Loan shall bear interest at a
per annum rate equal to the sum of the LIBOR Rate plus the Applicable
Percentage.

Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date.

     (e) Revolving Notes; Covenant to Pay. Each Revolving Lender’s Revolving
Commitment shall be evidenced, upon such Revolving Lender’s request, by a duly executed
promissory note of the Borrower to such Revolving Lender in substantially the form of
Schedule 2.1(e). The Borrower covenants and agrees to pay the Revolving Loans in
accordance with the terms of this Credit Agreement and the Revolving Note or Revolving
Notes.

     Section 2.2 Extension of Revolving Commitments.

     (a) Conversion of Non-Extending Revolving Commitments By Lenders. Each Lender may,
at its option and with the consent of the Borrower, elect to convert some or all of its
Non-Extending Revolving Commitment to an Extended Revolving Commitment; provided that:

     (i) Notice: The applicable Lender shall give written notice to the
Administrative Agent of (x) its election to convert its Non-Extending Revolving Commitment
not less than fifteen (15) days prior to the Existing Maturity Date and (y) the aggregate
principal amount of such Lender’s Non-Extending Revolving Commitment to be converted to an
Extended Revolving Commitment.

     (ii) Minimum Amounts:

     (A) In the case of conversion of the entire remaining amount of such
Lender’s Non-Extending Revolving Commitment and the Loans at the time owing
to it, no minimum amount need be converted; and

     (B) In any case not described in clause (A) above, the aggregate amount
of the Revolving Commitment (which for this purpose

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includes Loans
outstanding thereunder) subject to each such conversion, shall not be less
than $5,000,000 (and in increments of $1,000,000 in excess thereof) unless
each of the Administrative Agent and the Borrower otherwise consents.

     (iii) Effectiveness. Each conversion made pursuant to Section 2.2(a) shall be
effective upon delivery of the notices required by Section 2.2(a)(i) and receipt of written
consent by the Borrower.

     (b) Conversion. Extended Revolving Commitments may not be converted to Non-Extending
Revolving Commitments.

     Section 2.3 Letter of Credit Subfacility.

     (a) Issuance. Subject to the terms and conditions hereof and of the LOC
Documents, if any, and any other terms and conditions of an administrative nature which the
Issuing Lender may reasonably require, during the Commitment Period the Issuing Lender shall
issue, and the Revolving Lenders shall participate in, standby or trade Letters of Credit
for the account of the Borrower from time to time upon request in a form acceptable to the
Issuing Lender; provided, however, that (i) the aggregate amount of LOC
Obligations shall not at any time exceed TWENTY-FIVE MILLION DOLLARS ($25,000,000) (the
“LOC Committed Amount”), (ii) the sum of the aggregate principal amount of
outstanding Revolving Loans plus outstanding Swingline Loans plus
outstanding LOC Obligations shall not at any time exceed the Revolving Committed Amount then
in effect, (iii) all Letters of Credit (other than Existing Letters of Credit, which may be
denominated in Dollars or Pounds Sterling) shall be denominated in Dollars and (iv) Letters
of Credit shall be issued for any lawful corporate purposes of the Borrower or any of its
Subsidiaries and may be issued as standby letters of credit, including in connection with
workers’ compensation and other insurance programs and trade letters of credit. Except as
otherwise expressly agreed upon by all the Revolving Lenders, no Letter of Credit shall have
an original expiry date more than twelve (12) months from the date of issuance;
provided, however, so long as no Default or Event of Default has occurred
and is continuing and subject to the other terms and conditions to the issuance of Letters
of Credit hereunder, the expiry dates of Letters of Credit may be extended annually or
periodically from time to time on the request of the Borrower or by operation of the terms
of the applicable Letter of Credit to a date not more than twelve (12) months from the date
of extension; provided, further, that no Letter of Credit, as originally
issued or as extended, shall have an expiry date extending beyond the date that is
thirty (30) days prior to the Extended Maturity Date. Each Letter of Credit shall comply
with the related LOC Documents. The issuance and expiry date of each Letter of Credit shall
be a Business Day. Any Letters of Credit issued hereunder shall be in a minimum original
face amount of $100,000. Wachovia shall be the Issuing Lender on all Letters of Credit
issued on or after the Closing Date. The Borrower’s reimbursement obligations in respect of
each Existing Letter of Credit, and each Lender’s participation
obligations in connection therewith, shall be governed by the terms of this Credit
Agreement. The Issuing Lender shall be under no obligation to issue any Letter of Credit
if any Lender is at such time a Defaulting Lender or a Impacted Lender hereunder,

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unless the
Issuing Lender has entered into arrangements satisfactory to the Issuing Lender with the
Borrower or such Lender to eliminate the Issuing Lender’s risk with respect to such Lender.

     (b) Notice and Reports. The request for the issuance of a Letter of Credit
shall be submitted to the Issuing Lender at least five (5) Business Days prior to the
requested date of issuance. The Issuing Lender will promptly upon request provide to the
Administrative Agent for dissemination to the Revolving Lenders a detailed report specifying
the Letters of Credit which are then issued and outstanding and any activity with respect
thereto which may have occurred since the date of any prior report, and including therein,
among other things, the account party, the beneficiary, the face amount, expiry date as well
as any payments or expirations which may have occurred. The Issuing Lender will further
provide to the Administrative Agent promptly upon request copies of the Letters of Credit.
The Issuing Lender will provide to the Administrative Agent promptly upon request a summary
report of the nature and extent of LOC Obligations then outstanding.

     (c) Participations. Each Revolving Lender, (i) on the Closing Date with
respect to each Existing Letter of Credit and (ii) upon issuance of a Letter of Credit,
shall be deemed to have purchased without recourse a risk participation from the Issuing
Lender in such Letter of Credit and the obligations arising thereunder and any collateral
relating thereto, in each case in an amount equal to its Revolving Commitment Percentage of
the obligations under such Letter of Credit and shall absolutely, unconditionally and
irrevocably assume, as primary obligor and not as surety, and be obligated to pay to the
Issuing Lender therefor and discharge when due, its Revolving Commitment Percentage of the
obligations arising under such Letter of Credit. Without limiting the scope and nature of
each Revolving Lender’s participation in any Letter of Credit, to the extent that the
Issuing Lender has not been reimbursed as required hereunder or under any LOC Document, each
such Revolving Lender shall pay to the Issuing Lender its Revolving Commitment Percentage of
such unreimbursed drawing pursuant to and in accordance with the provisions of subsection
(d) hereof. The obligation of each Revolving Lender to so reimburse the Issuing Lender
shall be absolute and unconditional and shall not be affected by the occurrence of a
Default, an Event of Default or any other occurrence or event. Any such reimbursement shall
not relieve or otherwise impair the obligation of the Borrower to reimburse the Issuing
Lender under any Letter of Credit, together with interest as hereinafter provided.

     (d) Reimbursement. In the event of any drawing under any Letter of Credit, the
Issuing Lender will promptly notify the Borrower and the Administrative Agent. The Borrower
shall reimburse the Issuing Lender on the day of drawing under any Letter of Credit (either
with the proceeds of a Revolving Loan obtained hereunder or otherwise) in same day funds as
provided herein or in the LOC Documents. If the Borrower shall fail to reimburse the
Issuing Lender as provided herein, the unreimbursed amount of such drawing shall bear
interest at a per annum rate equal to the ABR Default Rate. Unless the
Borrower shall immediately notify the Issuing Lender and the Administrative Agent of its
intent to otherwise reimburse the Issuing Lender, the Borrower shall be deemed to have
requested a Mandatory LOC Borrowing in the amount of the drawing as provided in

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subsection (e) hereof, the proceeds of which will be used to satisfy the Reimbursement
Obligations. Without waiving the Borrower’s right to later assert (by separate and
independent action and not by way of setoff) any claims that it may have, the Borrower’s
Reimbursement Obligations hereunder shall be absolute and unconditional under all
circumstances irrespective of any rights of set-off, counterclaim or defense to payment the
Borrower may claim or have against the Issuing Lender, the Administrative Agent, the
Lenders, the beneficiary of the Letter of Credit drawn upon or any other Person, including
without limitation any defense based on any failure of the Borrower to receive consideration
or the legality, validity, regularity or unenforceability of the Letter of Credit. The
Issuing Lender will promptly notify the other Revolving Lenders of the amount of any
unreimbursed drawing and each Revolving Lender shall promptly pay to the Administrative
Agent for the account of the Issuing Lender, in Dollars and in immediately available funds,
the amount of such Revolving Lender’s Revolving Commitment Percentage of such unreimbursed
drawing. Such payment shall be made on the day such notice is received by such Revolving
Lender from the Issuing Lender if such notice is received at or before 2:00 P.M., otherwise
such payment shall be made at or before 12:00 Noon on the Business Day next succeeding the
day such notice is received. If such Revolving Lender does not pay such amount to the
Issuing Lender in full upon such request, such Revolving Lender shall, on demand, pay to the
Administrative Agent for the account of the Issuing Lender interest on the unpaid amount
during the period from the date of such drawing until such Revolving Lender pays such amount
to the Issuing Lender in full at a rate per annum equal to, if paid within two (2) Business
Days of the date of drawing, the Federal Funds Effective Rate and thereafter at a rate equal
to the Alternate Base Rate. Each Revolving Lender’s obligation to make such payment to the
Issuing Lender, and the right of the Issuing Lender to receive the same, shall be absolute
and unconditional, shall not be affected by any circumstance whatsoever and without regard
to the termination of this Credit Agreement or the Commitments hereunder, the existence of a
Default or Event of Default or the acceleration of the Credit Party Obligations hereunder
and shall be made without any offset, abatement, withholding or reduction whatsoever.

     (e) Repayment with Revolving Loans. On any day on which the Borrower shall
have requested, or been deemed to have requested, a Revolving Loan to reimburse a drawing
under a Letter of Credit, the Administrative Agent shall give notice to the Revolving
Lenders that a Revolving Loan has been requested or deemed requested in connection with a
drawing under a Letter of Credit, in which case a Revolving Loan borrowing consisting of an
Alternate Base Rate Loan (each such borrowing, a “Mandatory LOC Borrowing”) shall be
made (without giving effect to any termination of the Commitments pursuant to Section 7.2)
pro rata based on each Revolving Lender’s respective Revolving Commitment
Percentage (determined before giving effect to any termination of the Commitments pursuant
to Section 7.2) and the proceeds thereof shall be paid directly to the Issuing Lender for
application to the respective LOC Obligations. Each Revolving Lender hereby irrevocably
agrees to make such Revolving Loans on the day such notice is received by the Revolving
Lenders from the Administrative Agent if
such notice is received at or before 2:00 P.M., otherwise such payment shall be made at or
before 12:00 Noon on the Business Day next succeeding the day such notice is received, in
each case notwithstanding (i) the amount of the Mandatory LOC Borrowing

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may not
comply with the minimum amount (or integral amount in excess thereof) for borrowings of
Revolving Loans otherwise required hereunder, (ii) whether any conditions specified in
Section 4.2 are then satisfied, (iii) whether a Default or an Event of Default then exists,
(iv) failure for any such request or deemed request for Revolving Loan to be made by the
time otherwise required in Section 2.1(b), (v) the date of such Mandatory LOC Borrowing, or
(vi) any reduction in the Revolving Committed Amount after any such Letter of Credit may
have been drawn upon. In the event that any Mandatory LOC Borrowing cannot for any reason
be made on the date otherwise required above (including, without limitation, as a result of
the occurrence of a Bankruptcy Event), then each such Revolving Lender hereby agrees that it
shall forthwith fund (as of the date the Mandatory LOC Borrowing would otherwise have
occurred, but adjusted for any payments received from the Borrower on or after such date and
prior to such purchase) its Participation Interests in the outstanding LOC Obligations;
provided, further, that in the event any Revolving Lender shall fail to fund
its Participation Interest on the day the Mandatory LOC Borrowing would otherwise have
occurred, then the amount of such Revolving Lender’s unfunded Participation Interest therein
shall bear interest payable by such Revolving Lender to the Issuing Lender upon demand, at
the rate equal to, if paid within two (2) Business Days of such date, the Federal Funds
Effective Rate, and thereafter at a rate equal to the Alternate Base Rate.

     (f) Modification, Extension. The issuance of any supplement, modification,
amendment, renewal, or extension to any Letter of Credit shall, for purposes hereof, be
treated in all respects the same as the issuance of a new Letter of Credit hereunder.

     (g) ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender and
the Borrower, when a Letter of Credit is issued, (i) the rules of the “International Standby
Practices 1998,” as most recently published by the Institute of International Banking Law &
Practice at the time of issuance shall apply to each standby Letter of Credit, and (ii) the
rules of The Uniform Customs and Practice for Documentary Credits, as most recently
published by the International Chamber of Commerce at the time of issuance, shall apply to
each commercial Letter of Credit.

     (h) Conflict with LOC Documents. In the event of any conflict between this
Credit Agreement and any LOC Document (including any letter of credit application and any
LOC Documents relating to the Existing Letters of Credit), this Credit Agreement shall
control.

     (i) Designation of Subsidiaries as Account Parties. Notwithstanding anything
to the contrary set forth in this Credit Agreement, including without limitation
Section 2.3(a), a Letter of Credit issued hereunder may contain a statement to the effect
that such Letter of Credit is issued for the account of a Subsidiary of the Borrower;
provided that, notwithstanding such statement, the Borrower shall be the actual
account party for all purposes of this Credit Agreement for such Letter of Credit and such
statement shall not affect the Borrower’s Reimbursement Obligations hereunder with respect
to such Letter of Credit.

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     Section 2.4 Swingline Loan Subfacility.

     (a) Swingline Commitment. During the Commitment Period, subject to the terms
and conditions hereof, the Swingline Lender, in its individual capacity, agrees to make
certain revolving credit loans to the Borrower (each a “Swingline Loan” and,
collectively, the “Swingline Loans”) for the purposes hereinafter set forth;
provided, however, (i) the aggregate amount of Swingline Loans outstanding
at any time shall not exceed FIFTEEN MILLION DOLLARS ($15,000,000) (the “Swingline
Committed Amount”), and (ii) the sum of the aggregate principal amount of outstanding
Revolving Loans plus outstanding Swingline Loans plus outstanding LOC
Obligations shall not exceed the Revolving Committed Amount. Swingline Loans hereunder may
be repaid and reborrowed in accordance with the provisions hereof.

     (b) Swingline Loan Borrowings.

     (i) Notice of Borrowing and Disbursement. Upon receiving a Notice of
Borrowing from the Borrower not later than 11:00 A.M. on any Business Day requesting
that a Swingline Loan be made, the Swingline Lender will make Swingline Loans
available to the Borrower on the same Business Day. Swingline Loan borrowings
hereunder shall be made in minimum amounts of $500,000 and in integral amounts of
$100,000 in excess thereof. Notwithstanding anything to the contrary contained
herein, the Swingline Lender shall not at any time be obligated to make any
Swingline Loan hereunder if any Lender is at such time a Defaulting Lender or an
Impacted Lender hereunder, unless the Swingline Lender has entered into arrangements
satisfactory to the Swingline Lender with the Borrower or such Lender to eliminate
the Swingline Lender’s risk with respect to such Lender.

     (ii) Repayment of Swingline Loans. Each Swingline Loan borrowing shall
be due and payable on the Extended Maturity Date. The Swingline Lender may, at any
time, in its sole discretion, by written notice to the Borrower and the
Administrative Agent, demand repayment of its Swingline Loans by way of a Revolving
Loan borrowing, in which case the Borrower shall be deemed to have requested a
Revolving Loan borrowing consisting of an Alternate Base Rate Loan in the amount of
such Swingline Loans; provided, however, that, in the following
circumstances, any such demand shall also be deemed to have been given one Business
Day prior to each of (A) the Extended Maturity Date, (B) the occurrence of any
Bankruptcy Event, (C) upon acceleration of the Credit Party Obligations hereunder,
whether on account of a Bankruptcy Event or any other Event of Default, and (D) the
exercise of remedies in accordance with the provisions of Section 7.2 hereof (each
such Revolving Loan borrowing made on account of any such deemed request therefor as
provided herein being hereinafter referred to as a “Mandatory Swingline
Borrowing”). Each Revolving Lender hereby irrevocably agrees to make such
Revolving Loans promptly upon any such request or deemed
request on account of each Mandatory Swingline Borrowing in the amount and in
the manner specified in the preceding sentence on the date such notice is received
by the Revolving Lenders from the Administrative Agent if such notice is

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received at
or before 2:00 P.M., otherwise such payment shall be made at or before 12:00 Noon on
the Business Day next succeeding the date such notice is received
notwithstanding (1) the amount of Mandatory Swingline Borrowing may not
comply with the minimum amount for borrowings of Revolving Loans otherwise required
hereunder, (2) whether any conditions specified in Section 4.2 are then satisfied,
(3) whether a Default or an Event of Default then exists, (4) failure of any such
request or deemed request for Revolving Loans to be made by the time otherwise
required in Section 2.1(b)(i), (5) the date of such Mandatory Swingline Borrowing,
or (6) any reduction in the Revolving Committed Amount or termination of the
Revolving Commitments immediately prior to such Mandatory Swingline Borrowing or
contemporaneously therewith. In the event that any Mandatory Swingline Borrowing
cannot for any reason be made on the date otherwise required above (including,
without limitation, as a result of the commencement of a proceeding under the
Bankruptcy Code), then each Revolving Lender hereby agrees that it shall forthwith
purchase (as of the date the Mandatory Swingline Borrowing would otherwise have
occurred, but adjusted for any payments received from the Borrower on or after such
date and prior to such purchase) from the Swingline Lender such participations in
the outstanding Swingline Loans as shall be necessary to cause each such Revolving
Lender to share in such Swingline Loans ratably based upon its respective Revolving
Commitment Percentage (determined before giving effect to any termination of the
Commitments pursuant to Section 7.2); provided that (x) all interest payable
on the Swingline Loans shall be for the account of the Swingline Lender until the
date as of which the respective participation is purchased, and (y) at the time any
purchase of participations pursuant to this sentence is actually made, the
purchasing Revolving Lender shall be required to pay to the Swingline Lender
interest on the principal amount of such participation purchased for each day from
and including the day upon which the Mandatory Swingline Borrowing would otherwise
have occurred to but excluding the date of payment for such participation, at the
rate equal to, if paid within two (2) Business Days of the date of the Mandatory
Swingline Borrowing, the Federal Funds Effective Rate, and thereafter at a rate
equal to the Alternate Base Rate.

     (c) Interest on Swingline Loans. Subject to the provisions of Section 2.9(b),
Swingline Loans shall bear interest at a per annum rate equal to the Alternate Base Rate
plus the Applicable Percentage for Revolving Loans that are Alternate Base Rate
Loans. Interest on Swingline Loans shall be payable in arrears on each Interest Payment
Date.

     (d) Swingline Note. The Swingline Loans shall be evidenced by a duly executed
promissory note of the Borrower to the Swingline Lender in the original amount of the
Swingline Committed Amount and substantially in the form of Schedule 2.4(d).

     Section 2.5 Incremental Facility.

     Subject to the terms and conditions set forth herein, the Borrower shall have the
right, at any time from time to time during the Commitment Period and after the Second
Amendment Effective Date, to incur additional Indebtedness under this Credit Agreement

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in
the form of term loans (each, an “Incremental Term Loan”) and/or increases to the
Revolving Committed Amount (each, an “Incremental Revolver”; each Incremental Term
Loan and Incremental Revolver, an “Incremental Facility”) by an aggregate amount of
up to $100,000,000. The following terms and conditions shall apply to each Incremental
Facility: (a) the loans made under any such Incremental Facility (each an “Additional
Loan”) shall constitute Credit Party Obligations and will be secured and guaranteed with the
other Credit Party Obligations on a pari passu basis, (b) (1) any such Additional Loans (A)
made pursuant to an Incremental Revolver shall (I) have the same terms (including interest
rate, voting rights and rights to receive the proceeds of prepayments) as the existing
Revolving Loans, (II) shall be considered Revolving Loans hereunder and (III) shall mature
on the Extended Maturity Date and (B) made pursuant to an Incremental Term Loan shall have
terms (including interest rate, maturity date, voting rights, rights to receive the proceeds
of prepayments and amortization) to be agreed upon by the Administrative Agent and the
Borrower at the time of such Incremental Term Loan and (2) the additional Revolving
Commitments comprising the Incremental Revolver shall be Extended Revolving Commitments, (c)
each Incremental Facility shall be in a minimum principal amount of $50,000,000 and integral
multiples of $10,000,000 in excess thereof, (d) the proceeds of any Additional Loan will be
used for the purposes set forth in Section 3.11, (e) the Borrower shall execute such
promissory notes as are necessary to reflect the Additional Loans under any such Incremental
Facility, (f) before any Additional Loans are made, the conditions to Extensions of Credit
in Section 4.2 shall have been satisfied, (g) no Default or Event of Default shall then
exist or would exist after giving effect to any such Incremental Facility, (h) the
Administrative Agent shall have received from the Borrower a satisfactory legal opinion of
counsel to the Borrower and such other documentation as it deems reasonably necessary to
effectuate each such Incremental Facility and (i) the Administrative Agent shall have
received from the Borrower updated financial projections and an officer’s certificate, in
each case in form and substance satisfactory to the Administrative Agent, demonstrating
that, (A) after giving effect to any such Incremental Facility on a pro forma basis, the
Credit Parties will be in compliance with the financial covenants set forth in Section 5.9
and (B) if the full amount of the Revolving Committed Amount (after giving effect to such
Incremental Facility) were drawn by the Borrower, the Credit Parties would be in compliance
with all financial and other covenants (including covenants restricting indebtedness and
liens) under the Subordinated Note Documents and the documents for all other publicly held
or privately placed Indebtedness incurred in accordance with Section 6.1(p). Each
Incremental Facility shall be obtained from existing Lenders or from other banks, financial
institutions or investment funds reasonably acceptable to the Administrative Agent and the
Borrower; provided that such other banks, financial institutions and investment funds shall
enter into such joinder or other agreements to give effect thereto as the Administrative
Agent and the Borrower may reasonably request. The Administrative Agent is authorized to
enter into, on behalf of the Lenders, any amendment to this Credit Agreement or any other
Credit Document as may be necessary to incorporate the terms of any Incremental Facility
therein.

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     Section 2.6 Fees.

     (a) Commitment Fee. In consideration of the Revolving Commitments, the
Borrower agrees to pay to the Administrative Agent, for the ratable benefit of the Revolving
Lenders, a commitment fee (the “Commitment Fee”) in an amount equal to the
Applicable Percentage per annum on the average daily unused amount of the Revolving
Committed Amount. For purposes of computation of the Commitment Fee, LOC Obligations shall
be considered usage of the Revolving Committed Amount but Swingline Loans shall not be
considered usage of the Revolving Committed Amount. The Commitment Fee shall be payable
quarterly in arrears on the last Business Day of each calendar quarter.

     (b) Letter of Credit Fee. In consideration of the LOC Commitments, the
Borrower agrees to pay to the Administrative Agent, for the ratable benefit of the Revolving
Lenders, a fee (the “Letter of Credit Fee”) equal to the Applicable Percentage for
Revolving Loans that are LIBOR Rate Loans per annum on the average daily maximum amount
available to be drawn under each Letter of Credit from the date of issuance to the date of
expiration. The Letter of Credit Fee shall be payable quarterly in arrears on the last
Business Day of each calendar quarter.

     (c) Issuing Lender Fees. In addition to the Letter of Credit Fees payable
pursuant to subsection (b) hereof, the Borrower shall pay to the Issuing Lender for its own
account without sharing by the other Lenders the reasonable and customary charges from time
to time of the Issuing Lender with respect to the amendment, transfer, administration,
cancellation and conversion of, and drawings under, such Letters of Credit (collectively,
the “Issuing Lender Fees”). The Issuing Lender may charge, and retain for its own
account without sharing by the other Lenders, an additional facing fee (the “Letter of
Credit Facing Fee”) of one-eighth of one percent (0.125%) per annum on the average daily
maximum amount available to be drawn under each such Letter of Credit issued by it. The
Issuing Lender Fees and the Letter of Credit Facing Fee shall be payable quarterly in
arrears on the last Business Day of each calendar quarter.

     (d) Administrative Fee. The Borrower agrees to pay to the Administrative Agent
the annual administrative fee as described in the Engagement Letter.

     (e) Extended Commitment Utilization Fee. The Borrower shall pay to the
Administrative Agent for the ratable benefit of each Lender that holds an Extended Revolving
Commitment, an extended commitment utilization fee (the “Extended Commitment Utilization
Fee”) at the per annum rate equal to (i) 0.75% on (A) all outstanding LIBOR Rate Loans
funded by such Lender and (B) all outstanding LOC Obligations and (ii) 1.00% on all
outstanding Alternate Base Rate Loans funded by such Lender, in each case to the extent such
Revolving Loans and LOC Obligations are attributable to such Lender’s Extended Revolving
Commitment. The Extended Commitment Utilization Fee shall be due and payable quarterly in
arrears on the last Business Day of each calendar quarter, and on the Extended Maturity
Date.

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     (f) Extension Unused Fee. The Borrower shall pay to the Administrative Agent
for the ratable benefit of each Lender that holds an Extended Revolving Commitment, an
extension unused fee (the “Extension Unused Fee”) in an amount equal to 0.125% per
annum on the average daily unused amount of the Revolving Committed Amount held by such
Lender attributable to such Lender’s Extended Revolving Commitment. For purposes of
calculating the Extension Unused Fee, LOC Obligations shall be considered usage of the
Revolving Committed Amount but Swingline Loans shall not be considered usage of the
Revolving Committed Amount. The Extension Unused Fee shall be payable quarterly in arrears
on the last Business Day of each calendar quarter and on the Extended Maturity Date.

     (g) Swingline Utilization Fee. The Borrower shall pay to the Swingline Lender,
a swingline utilization fee (the “Swingline Utilization Fee”) at the per annum rate
equal to 1.00% on all outstanding Swingline Loans funded by the Swingline Lender which shall
be payable in arrears on each Interest Payment Date.

     (h) Fee Calculations Relating to Lenders with Extended Revolving Commitments.
For purposes of calculating the Extended Commitment Utilization Fee and the Extension Unused
Fee, Revolving Loans and LOC Obligations made by each Lender with an Extended Revolving
Commitment shall be attributed ratably to the Extended Revolving Commitments and
Non-Extending Revolving Commitments of such Lender.

     Section 2.7 Commitment Reductions.

     (a) Voluntary Reductions. The Borrower shall have the right to terminate or
permanently reduce the unused portion of the Revolving Committed Amount at any time or from
time to time upon not less than five (5) Business Days’ prior written notice to the
Administrative Agent (which shall notify the Lenders thereof as soon as practicable) of each
such termination or reduction, which notice shall specify the effective date thereof and the
amount of any such reduction which shall be in a minimum amount of $10,000,000 or a whole
multiple of $5,000,000 in excess thereof and shall be irrevocable and effective upon receipt
by the Administrative Agent; provided that (i) no such reduction or termination
shall be permitted if after giving effect thereto, and to any prepayments of the Revolving
Loans made on the effective date thereof, the sum of the aggregate principal amount of
outstanding Revolving Loans plus outstanding Swingline Loans plus
outstanding LOC Obligations would exceed the Revolving Committed Amount then in effect and
(ii) such voluntary reductions or terminations shall be applied pro rata to each of the
Revolving Lenders; provided that if a Lender is a Lender with a Non-Extending
Revolving Commitment and an Extended Revolving Commitment, such voluntary reductions or
terminations shall be applied first to such Lender’s Non-Extending Revolving
Commitment and second to such Lender’s Extended Revolving Commitment.

     (b) Swingline Committed Amount and LOC Committed Amount. If the Revolving
Committed Amount is reduced at any time below either the then current Swingline Committed
Amount or the then current LOC Committed Amount, the

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Swingline Committed Amount and/or the LOC Committed Amount, as applicable, shall
automatically be reduced by an amount such that the Swingline Committed Amount and/or the
LOC Committed Amount, as applicable, equals the Revolving Committed Amount.

     (c) Maturity Date. (i) The Non-Extending Revolving Commitments shall
automatically terminate on the Existing Maturity Date and (ii) the Extended Revolving
Commitments, the Swingline Commitment and the LOC Commitment shall automatically terminate
on the Extended Maturity Date.

     Section 2.8 Prepayments.

     (a) Optional Prepayments. The Borrower shall have the right to repay Loans in
whole or in part from time to time; provided, however, that each partial
repayment of a Revolving Loan shall be in a minimum principal amount of $2,000,000 and
integral multiples of $1,000,000 in excess thereof (or the remaining outstanding principal
amount), and each partial repayment of a Swingline Loan shall be in a minimum principal
amount of $250,000 and integral multiples of $50,000 in excess thereof (or the remaining
outstanding principal amount). In the event of such optional repayment, the Borrower shall
give five (5) Business Days’ irrevocable notice in the case of LIBOR Rate Loans and five (5)
Business Days’ irrevocable notice in the case of Alternate Base Rate Loans, to the
Administrative Agent (which shall notify the Lenders thereof as soon as practicable). All
prepayments under this Section 2.8(a) shall be subject to Section 2.17, but otherwise
without premium or penalty. Interest on the principal amount prepaid shall be payable on
the next occurring Interest Payment Date that would have occurred had such loan not been
prepaid or, at the request of the Administrative Agent, interest on the principal amount
prepaid shall be payable on any date that a prepayment is made hereunder through the date of
prepayment. Amounts prepaid on the Revolving Loans and the Swingline Loans may be
reborrowed in accordance with the terms hereof.

     (b) Mandatory Prepayments.

     (i) Revolving Commitments.

     (A) Revolving Committed Amount. (y) If at any time the sum of
the outstanding Revolving Loans plus outstanding Swingline Loans
plus LOC Obligations shall exceed Revolving Committed Amount, the
Borrower shall immediately prepay the Loans and/or cash collateralize the
LOC Obligations in an amount sufficient to eliminate such excess and (z) if,
on any Revaluation Date, the outstanding Revolving Loans denominated in a
Foreign Currency shall exceed 105% of the Foreign Currency Sublimit, the
Borrower shall immediately prepay such Loans in an amount sufficient to
eliminate such excess, in each case, such prepayment to be applied as set
forth in clause (v) below.

     (B) Maturity Date. (y) Immediately upon the Existing Maturity
Date, the Borrower shall repay all outstanding Revolving Loans to the

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extent made pursuant to the Non-Extending Revolving Commitment (such
prepayment to be applied to all outstanding Revolving Loans to the extent
made pursuant to the Non-Extending Revolving Commitment in accordance with
the terms of this Agreement) and (z) immediately upon the Extended Maturity
Date, the Borrower shall pay all outstanding Revolving Loans.

     (ii) Asset Dispositions. To the extent of Net Cash Proceeds in excess
of $250,000 received in connection with an Asset Disposition which are not used to
purchase or otherwise reinvest in similar assets (or, in the case of real estate,
reinvested in assets useful in the operation of the business of the Borrower and its
Subsidiaries in the aggregate) within 365 days of such Net Cash Proceeds,
immediately following the expiration of such period, the Borrower shall prepay the
Loans (to the extent there are Loans outstanding) without a corresponding permanent
reduction in the Revolving Committed Amount in an aggregate amount equal to one
hundred percent (100%) of such Net Cash Proceeds (such prepayment to be applied as
set forth in clause (v) below).

     (iii) Issuances. Immediately upon receipt by any Credit Party or any
Subsidiary of a Credit Party of Net Cash Proceeds from any Debt Issuance, the
Borrower shall prepay the Loans (to the extent there are Loans outstanding) without
a corresponding reduction in the Revolving Committed Amount in an aggregate amount
equal to one hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance
(such prepayment to be applied as set forth in clause (v) below). Notwithstanding
the foregoing, the Borrower shall not be required to prepay the Loans with the
proceeds of any Debt Issuance approved by the Administrative Agent in writing that
is consummated for the sole purpose of raising funds to finance Permitted
Acquisitions or certain capital expenditures or to refinance certain existing
Indebtedness (to the extent permitted hereunder), to the extent that the proceeds
are actually used for such Permitted Acquisition, capital expenditures or
refinancing.

     (iv) Recovery Event. To the extent of Net Cash Proceeds in excess of
$500,000 received in connection with any Recovery Event which are not used to repair
or replace the assets subject to such Recovery Event within 365 days of the receipt
of such Net Cash Proceeds, immediately following the expiration of such period, the
Borrower shall prepay the Loans (to the extent there are Loans outstanding) without
a corresponding permanent reduction in the Revolving Committed Amount in an
aggregate amount equal to one hundred percent (100%) of such Net Cash Proceeds not
so used (such prepayment to be applied as set forth in clause (v) below).

     (v) Application of Mandatory Prepayments. All amounts required to be
paid pursuant to this Section 2.8(b) shall be applied first to the
outstanding Swingline Loans and second to the outstanding Revolving Loans.
Within the parameters of the foregoing application, prepayments shall be applied
first to Alternate Base Rate Loans and then to LIBOR Rate Loans in direct order of

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Interest Period maturities. All prepayments under this Section 2.8(b) shall be
subject to Section 2.17 and be accompanied by interest on the principal amount
prepaid through the date of prepayment.

     (c) Hedging Obligations Unaffected. Any repayment or prepayment made pursuant
to this Section 2.8 shall not affect the Borrower’s obligation to continue to make payments
under any Secured Hedging Agreement, which shall remain in full force and effect
notwithstanding such repayment or prepayment, subject to the terms of such Secured Hedging
Agreement.

     Section 2.9 Default Rate and Payment Dates.

     Upon the occurrence, and during the continuance, of an Event of Default, at the
discretion of the Required Lenders, the principal of and, to the extent permitted by law,
interest on the Loans and any other amounts owing hereunder or under the other Credit
Documents shall bear interest, payable on demand, at a per annum rate 2% greater than the
rate which would otherwise be applicable (or if no rate is applicable, whether in respect of
interest, fees or other amounts, then the Alternate Base Rate plus the Applicable
Percentage for Alternate Base Rate Revolving Loans plus 2% plus the Extended
Commitment Utilization Fee for Alternate Base Rate Loans (the “ABR Default Rate”)).

     Section 2.10 Conversion Options.

     (a) The Borrower may, in the case of Revolving Loans, elect from time to time to
convert all or any portion of any Alternate Base Rate Loan to a LIBOR Rate Loan, by
delivering a Notice of Conversion/Extension to the Administrative Agent at least three (3)
Business Days prior to the proposed date of conversion. In addition, the Borrower may elect
from time to time to convert all or any portion of a LIBOR Rate Loan denominated in Dollars
to an Alternate Base Rate Loan by giving the Administrative Agent irrevocable written notice
thereof by 11:00 A.M. one  (1) Business Day prior to the proposed date of conversion. If
the date upon which an Alternate Base Rate Loan is to be converted to a LIBOR Rate Loan is
not a Business Day, then such conversion shall be made on the next succeeding Business Day
and during the period from such last day of an Interest Period to such succeeding Business
Day such Loan shall bear interest as if it were an Alternate Base Rate Loan. LIBOR Rate
Loans may only be converted to Alternate Base Rate Loans on the last day of the applicable
Interest Period. If the date upon which a LIBOR Rate Loan is to be converted to an
Alternate Base Rate Loan is not a Business Day, then such conversion shall be made on the
next succeeding Business Day and during the period from such last day of an Interest Period
to such succeeding Business Day such Loan shall bear interest as if it were an Alternate
Base Rate Loan. All or any part of outstanding Alternate Base Rate Loans may be converted
as provided herein; provided that (i) no Loan may be converted into a LIBOR Rate
Loan when any Default or Event of Default has occurred and is continuing and (ii) partial
conversions shall be in an aggregate principal amount of $500,000 or a whole multiple of
$100,000 in excess thereof. All or any part of outstanding LIBOR Rate Loans may be

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converted as provided herein; provided that partial conversions shall be in an
aggregate principal amount of $500,000 or a whole multiple of $100,000 in excess thereof.

     (b) Any LIBOR Rate Loans may be continued as such upon the expiration of an Interest
Period with respect thereto by compliance by the Borrower with the notice provisions
contained in Section 2.10(a); provided, that no LIBOR Rate Loan may be continued as
such when any Default or Event of Default has occurred and is continuing, in which case such
Loan shall be automatically converted to, and denominated as, an Alternate Base Rate Loan
denominated in Dollars at the end of the applicable Interest Period with respect thereto.
If the Borrower shall fail to give timely notice of an election to continue a LIBOR Rate
Loan, or the continuation of LIBOR Rate Loans is not permitted hereunder, such LIBOR Rate
Loans shall be automatically converted to Alternate Base Rate Loans denominated in Dollars
at the end of the applicable Interest Period with respect thereto.

     Section 2.11 Computation of Interest and Fees; Usury.

     (a) Interest payable hereunder with respect to any Alternate Base Rate Loan based on
the Prime Rate shall be calculated on the basis of a year of 365 days (or 366 days, as
applicable) for the actual days elapsed. All other interest, fees and all other amounts
payable hereunder shall be calculated on the basis of a 360 day year for the actual days
elapsed. The Administrative Agent shall as soon as practicable notify the Borrower and the
Lenders of each determination of a LIBOR Rate on the Business Day of the determination
thereof. Any change in the interest rate on a Loan resulting from a change in the Alternate
Base Rate shall become effective as of the opening of business on the day on which such
change in the Alternate Base Rate shall become effective. The Administrative Agent shall as
soon as practicable notify the Borrower and the Lenders of the effective date and the amount
of each such change.

     (b) Each determination of an interest rate by the Administrative Agent pursuant to any
provision of this Credit Agreement shall be presumed correct and binding on the Borrower and
the Lenders in the absence of demonstrable error. The Administrative Agent shall, at the
request of the Borrower, deliver to the Borrower a statement showing the computations used
by the Administrative Agent in determining any interest rate.

     (c) It is the intent of the Lenders and the Credit Parties to conform to and contract
in strict compliance with applicable usury law from time to time in effect. All agreements
between the Lenders and the Credit Parties are hereby limited by the provisions of this
subsection which shall override and control all such agreements, whether now existing or
hereafter arising and whether written or oral. In no way, nor in any event or contingency
(including but not limited to prepayment or acceleration of the maturity of any Credit Party
Obligation), shall the interest taken, reserved, contracted for, charged, or received under
this Credit Agreement, under the Notes or otherwise, exceed the maximum nonusurious amount
permissible under applicable law. If, from any possible construction of any of the Credit
Documents or any other document, interest would otherwise be payable in excess of the
maximum nonusurious amount, any such

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construction shall be subject to the provisions of this paragraph and such interest shall be
automatically reduced to the maximum nonusurious amount permitted under applicable law,
without the necessity of execution of any amendment or new document. If any Lender shall
ever receive anything of value which is characterized as interest on the Loans under
applicable law and which would, apart from this provision, be in excess of the maximum
nonusurious amount, an amount equal to the amount which would have been excessive interest
shall, without penalty, be applied to the reduction of the principal amount owing on the
Loans and not to the payment of interest, or refunded to the Borrower or the other payor
thereof if and to the extent such amount which would have been excessive exceeds such unpaid
principal amount of the Loans. The right to demand payment of the Loans or any other
Indebtedness evidenced by any of the Credit Documents does not include the right to receive
any interest which has not otherwise accrued on the date of such demand, and the Lenders do
not intend to charge or receive any unearned interest in the event of such demand. All
interest paid or agreed to be paid to the Lenders with respect to the Loans shall, to the
extent permitted by applicable law, be amortized, prorated, allocated, and spread throughout
the full stated term (including any renewal or extension) of the Loans so that the amount of
interest on account of such Indebtedness does not exceed the maximum nonusurious amount
permitted by applicable law.

     Section 2.12 Pro Rata Treatment and Payments.

     (a) Allocation of Payments Prior to Exercise of Remedies. Each borrowing of
Revolving Loans and any reduction of the Revolving Commitments shall be made pro
rata according to the respective Revolving Commitment Percentages of the Revolving
Lenders. Unless otherwise required by the terms of this Credit Agreement, each payment and
prepayment under this Credit Agreement or any Note shall be applied as the Borrower may
elect, or if the Borrower shall make no election, first, to any fees then due and
owing by the Borrower pursuant to Section 2.6, second, to interest then due and
owing hereunder and under the Notes of the Borrower and, third, to principal then
due and owing hereunder and under the Notes of the Borrower. Each payment on account of any
fees pursuant to Section 2.6 shall be made pro rata in accordance with the
respective amounts due and owing (except as to the Letter of Credit Facing Fees, the Issuing
Lender Fees and the administrative agent fee referenced in Section 2.6(d)). Each payment
(other than mandatory prepayments) and optional prepayment by the Borrower on account of
principal of and interest on the Revolving Loans shall be applied to such Loans, as
applicable, on a pro rata basis. Each mandatory prepayment on account of principal of the
Loans shall be applied in accordance with Section 2.8(b). All payments (including
prepayments) to be made by the Borrower on account of principal, interest and fees shall be
made without defense, set-off or counterclaim (except as provided in Section 2.18(b)) and
shall be made to the Administrative Agent for the account of the Lenders at the
Administrative Agent’s office specified in Section 9.2 in Dollars and in immediately
available funds not later than 1:00 P.M. on the date when due. The Administrative Agent
shall distribute such payments to the Lenders entitled thereto promptly upon receipt in like
funds as received. If any payment hereunder (other than payments on the LIBOR Rate Loans)
becomes due and payable on a day other than a Business Day, such payment shall be extended
to the next succeeding Business Day, and, with respect to payments of

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principal, interest thereon shall be payable at the then applicable rate during such
extension. If any payment on a LIBOR Rate Loan becomes due and payable on a day other than
a Business Day, such payment date shall be extended to the next succeeding Business Day
unless the result of such extension would be to extend such payment into another calendar
month, in which event such payment shall be made on the immediately preceding Business Day.

     (b) Allocation of Payments After Exercise of Remedies. Notwithstanding any
other provisions of this Credit Agreement to the contrary, upon the occurrence and during
the continuance of an Event of Default and after the exercise of remedies (other than the
invocation of default interest pursuant to Section 2.9(b)) by the Administrative Agent or
the Lenders pursuant to Section 7.2 (or after the Commitments shall automatically terminate
and the Loans (with accrued interest thereon) and all other amounts under the Credit
Documents shall automatically become due and payable in accordance with the terms of such
Section), all amounts collected or received by the Administrative Agent or any Lender on
account of the Credit Party Obligations or any other amounts outstanding under any of the
Credit Documents or in respect of the Collateral shall be paid over or delivered as follows
(irrespective of whether the following costs, expenses, fees, interest, premiums, scheduled
periodic payments or Credit Party Obligations are allowed, permitted or recognized as a
claim in any proceeding resulting from the occurrence of a Bankruptcy Event):

     FIRST, to the payment of all reasonable out-of-pocket costs and expenses
(including without limitation reasonable attorneys’ fees) of the Administrative
Agent in connection with enforcing the rights of the Lenders under the Credit
Documents and any protective advances made by the Administrative Agent with respect
to the Collateral pursuant to the terms of the Security Documents;

     SECOND, to the payment of any unpaid annual administrative fees owed to the
Administrative Agent pursuant to the Engagement Letter;

     THIRD, to the payment of all reasonable out-of-pocket costs and expenses
(including without limitation, reasonable attorneys’ fees) of each of the Lenders in
connection with enforcing its rights under the Credit Documents or otherwise with
respect to the Credit Party Obligations owing to such Lender;

     FOURTH, to the payment of all of the Credit Party Obligations consisting of
accrued fees and interest, and including, with respect to any Secured Hedging
Agreement, any fees, premiums and scheduled periodic payments due under such Secured
Hedging Agreement and any interest accrued thereon;

     FIFTH, to the payment of the outstanding principal amount of the Credit Party
Obligations and the payment or cash collateralization of the outstanding LOC
Obligations, and including with respect to any Secured Hedging Agreement, any
breakage, termination or other payments due under such Secured Hedging Agreement and
any interest accrued thereon;

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     SIXTH, to all other Credit Party Obligations and other obligations which shall
have become due and payable under the Credit Documents or otherwise and not repaid
pursuant to clauses “FIRST” through “FIFTH” above; and

     SEVENTH, to the payment of the surplus, if any, to whoever may be lawfully
entitled to receive such surplus.

     In carrying out the foregoing, (i) amounts received shall be applied in the numerical
order provided until exhausted prior to application to the next succeeding category;
(ii) each of the Lenders and Hedging Agreement Providers shall receive an amount equal to
its pro rata share (based on the proportion that the then outstanding Loans and LOC
Obligations held by such Lender bears to the aggregate then outstanding Loans and LOC
Obligations) of amounts available to be applied pursuant to clauses “THIRD”, “FOURTH”,
“FIFTH” and “SIXTH” above; and (iii) to the extent that any amounts available for
distribution pursuant to clause “FIFTH” above are attributable to the issued but undrawn
amount of outstanding Letters of Credit, such amounts shall be held by the Administrative
Agent in a cash collateral account and applied (A) first, to reimburse the Issuing Lender
from time to time for any drawings under such Letters of Credit and (B) then, following the
expiration of all Letters of Credit, to all other obligations of the types described in
clauses “FIFTH” and “SIXTH” above in the manner provided in this Section 2.12.
Notwithstanding the foregoing terms of this Section 2.12, only Collateral proceeds and
payments under the Guaranty (as opposed to ordinary course principal, interest and fee
payments hereunder) shall be applied to obligations under any Secured Hedging Agreement.

     Section 2.13 Non-Receipt of Funds by the Administrative Agent.

     (a) Unless the Administrative Agent shall have been notified in writing by a Lender
prior to the date a Loan is to be made by such Lender (which notice shall be effective upon
receipt) that such Lender does not intend to make the proceeds of such Loan available to the
Administrative Agent, the Administrative Agent may assume that such Lender has made such
proceeds available to the Administrative Agent on such date, and the Administrative Agent
may in reliance upon such assumption (but shall not be required to) make available to the
Borrower a corresponding amount. If such corresponding amount is not in fact made available
to the Administrative Agent, the Administrative Agent shall be able to recover such
corresponding amount from such Lender. If such Lender does not pay such corresponding
amount forthwith upon the Administrative Agent’s demand therefor, the Administrative Agent
will promptly notify the Borrower, and the Borrower shall immediately pay such corresponding
amount to the Administrative Agent. The Administrative Agent shall also be entitled to
recover from the Lender or the Borrower, as the case may be, interest on such corresponding
amount in respect of each day from the date such corresponding amount was made available by
the Administrative Agent to the Borrower to the date such corresponding amount is recovered
by the Administrative Agent at a per annum rate equal to (i) from the Borrower at the
applicable rate for the applicable borrowing pursuant to the Notice of Borrowing and
(ii) from a Lender at the Federal Funds Effective Rate.

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     (b) Unless the Administrative Agent shall have been notified in writing by the Borrower
prior to the date on which any payment is due from the Borrower hereunder (which notice
shall be effective upon receipt) that the Borrower does not intend to make such payment, the
Administrative Agent may assume that the Borrower has made such payment when due, and the
Administrative Agent may in reliance upon such assumption (but shall not be required to)
make available to each Lender on such payment date an amount equal to the portion of such
assumed payment to which such Lender is entitled hereunder, and if the Borrower has not in
fact made such payment to the Administrative Agent, such Lender shall, on demand, repay to
the Administrative Agent the amount made available to such Lender. If such amount is repaid
to the Administrative Agent on a date after the date such amount was made available to such
Lender, such Lender shall pay to the Administrative Agent on demand interest on such amount
in respect of each day from the date such amount was made available by the Administrative
Agent to such Lender to the date such amount is recovered by the Administrative Agent at a
per annum rate equal to the Federal Funds Effective Rate.

     (c) A certificate of the Administrative Agent submitted to the Borrower or any Lender
with respect to any amount owing under this Section 2.13 shall be presumed correct in the
absence of demonstrable error.

     Section 2.14 Inability to Determine Interest Rate.

     Notwithstanding any other provision of this Credit Agreement, if (a) the Administrative Agent
shall reasonably determine (which determination shall be presumed correct and binding absent
demonstrable error) that, by reason of circumstances affecting the relevant market, reasonable and
adequate means do not exist for ascertaining LIBOR for any Interest Period, or (b) the Required
Lenders shall reasonably determine (which determination shall be presumed correct and binding
absent demonstrable error) that the LIBOR Rate does not adequately and fairly reflect the cost to
such Lenders of funding LIBOR Rate Loans that the Borrower has requested be outstanding as a LIBOR
Tranche during any Interest Period, the Administrative Agent shall forthwith give telephone notice
of such determination, confirmed in writing, to the Borrower and to the Lenders at least two (2)
Business Days prior to the first day of such Interest Period. Unless the Borrower shall have
notified the Administrative Agent upon receipt of such telephone notice that it wishes to rescind
or modify its request regarding such LIBOR Rate Loans, any Loans that were requested to be made as
LIBOR Rate Loans shall be made as Alternate Base Rate Loans denominated in Dollars and any Loans
that were requested to be converted into or continued as LIBOR Rate Loans shall remain as or be
converted into Alternate Base Rate Loans denominated in Dollars. Until any such notice has been
withdrawn by the Administrative Agent, no further Loans shall be made as, continued as, or
converted into, LIBOR Rate Loans for the Interest Periods so affected.

     Section 2.15 Illegality.

     Notwithstanding any other provision of this Credit Agreement, if the adoption of or any change
in any Requirement of Law or in the interpretation or application thereof by the relevant
Governmental Authority with respect to any Lender made subsequent to the Closing Date shall make it
unlawful for such Lender or its LIBOR Lending Office to make or maintain LIBOR Rate

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Loans as contemplated by this Credit Agreement or to obtain in the interbank eurodollar market
through its LIBOR Lending Office the funds with which to make such Loans, (a) such Lender shall
promptly notify the Administrative Agent and the Borrower thereof, (b) the commitment of such
Lender hereunder to make LIBOR Rate Loans or continue LIBOR Rate Loans as such shall forthwith be
suspended until the Administrative Agent shall give notice that the condition or situation which
gave rise to the suspension shall no longer exist, and (c) such Lender’s Loans then outstanding as
LIBOR Rate Loans, if any, shall be (i) in the case of Dollar denominated Loans, converted on the
last day of the Interest Period for such Loans or within such earlier period as required by law
into Alternate Base Rate Loans denominated in Dollars and (ii) in the case of Loans denominated in
a Foreign Currency, be converted to, and denominated as, Alternate Base Rate Loans denominated in
Dollars on the last day of the Interest Period for such Loans or within such earlier period as
required by law. The Borrower hereby agrees promptly to pay any Lender, upon its demand, any
additional amounts necessary to compensate such Lender for actual and direct costs (but not
including anticipated profits) reasonably incurred by such Lender in making any repayment in
accordance with this Section including, but not limited to, any interest or fees payable by such
Lender to lenders of funds obtained by it in order to make or maintain its LIBOR Rate Loans
hereunder. A certificate as to any additional amounts payable pursuant to this Section submitted
by such Lender, through the Administrative Agent, to the Borrower shall be presumed correct in the
absence of demonstrable error. Each Lender agrees to use reasonable efforts (including reasonable
efforts to change its LIBOR Lending Office) to avoid or to minimize any amounts which may otherwise
be payable pursuant to this Section; provided, however, that such efforts shall not
cause the imposition on such Lender of any additional costs or legal or regulatory burdens as
determined by such Lender to be material in its sole discretion.

     Section 2.16 Requirements of Law.

     (a) If the adoption of or any change in any Requirement of Law or in the interpretation
or application thereof or compliance by any Lender with any request or directive (whether or
not having the force of law) from any central bank or other Governmental Authority made
subsequent to the date hereof:

     (i) shall subject such Lender to any tax of any kind whatsoever with respect to
any Letter of Credit or any application relating thereto, any LIBOR Rate Loan made
by it, or change the basis of taxation of payments to such Lender in respect thereof
(except for changes in the rate of tax on the overall net income of such Lender);

     (ii) shall impose, modify or hold applicable any reserve, special deposit,
compulsory loan or similar requirement against assets held by, deposits or other
liabilities in or for the account of, advances, loans or other extensions of credit
by, or any other acquisition of funds by, any office of such Lender which is not
otherwise included in the determination of the LIBOR Rate hereunder; or

     (iii) shall impose on such Lender any other condition;

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and the result of any of the foregoing is to increase the cost to such Lender of making or
maintaining LIBOR Rate Loans or the Letters of Credit or the Participation Interests therein
or to reduce any amount receivable hereunder or under any Note, then, in any such case, the
Credit Parties shall promptly pay such Lender, within thirty (30) days after its demand, any
additional amounts necessary to compensate such Lender for such additional cost or reduced
amount receivable (but not including anticipated profits) which such Lender reasonably deems
to be material as determined by such Lender with respect to its LIBOR Rate Loans or Letters
of Credit. A certificate as to any additional amounts payable pursuant to this Section
submitted by such Lender, through the Administrative Agent, to the Borrower shall be
presumed correct in the absence of demonstrable error. Each Lender agrees to use reasonable
efforts (including reasonable efforts to change its Domestic Lending Office or LIBOR Lending
Office, as the case may be) to avoid or to minimize any amounts which might otherwise be
payable pursuant to this paragraph of this Section; provided, however, that
such efforts shall not cause the imposition on such Lender of any additional costs or legal
or regulatory burdens as determined by such Lender to be material.

     (b) If any Lender shall have reasonably determined that the adoption of or any change
in any Requirement of Law regarding capital adequacy or in the interpretation or application
thereof or compliance by such Lender or any corporation controlling such Lender with any
request or directive regarding capital adequacy (whether or not having the force of law)
from any central bank or Governmental Authority made subsequent to the date hereof does or
shall have the effect of reducing the rate of return on such Lender’s or such corporation’s
capital as a consequence of its obligations hereunder to a level below that which such
Lender or such corporation could have achieved but for such adoption, change or compliance
(taking into consideration such Lender’s or such corporation’s policies with respect to
capital adequacy) by an amount reasonably deemed by such Lender to be material, then from
time to time, within thirty (30) days after demand by such Lender, the Credit Parties shall
pay to such Lender such additional amount as shall be certified by such Lender as being
required to compensate it for such reduction. Such a certificate as to any additional
amounts payable under this Section submitted by a Lender (which certificate shall include a
description of the basis for the computation), through the Administrative Agent, to the
Borrower shall be presumed correct in the absence of demonstrable error.

     (c) The agreements in this Section 2.16 shall survive the termination of this Credit
Agreement and payment of all Credit Party Obligations.

     (d) Each Lender will promptly notify the Borrower and the Administrative Agent of any
event of which it has knowledge which will entitle such Lender to compensation pursuant to
this Section 2.16. Any claim by a Lender for indemnification under this Section 2.16 shall
be made no later than ninety (90) days after such Lender becomes aware of any amount payable
to such Lender under this Section 2.16.

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     Section 2.17 Indemnity.

     The Credit Parties hereby agree to indemnify each Lender and to hold such Lender harmless from
any funding loss or expense which such Lender may sustain or incur as a consequence of (a) default
by the Borrower in payment of the principal amount of any LIBOR Rate Loan by such Lender in
accordance with the terms hereof, (b) default by the Borrower in accepting a LIBOR Rate borrowing
after the Borrower has given such a borrowing notice in accordance with the terms hereof,
(c) default by the Borrower in making any prepayment of a LIBOR Rate Loan after the Borrower has
given such a notice of prepayment in accordance with the terms hereof, and/or (d) the making by the
Borrower of a prepayment of a LIBOR Rate Loan, or the conversion thereof, on a day which is not the
last day of the Interest Period with respect thereto, in each case including, but not limited to,
any such loss or expense arising from interest or fees payable by such Lender to lenders of funds
obtained by it in order to maintain its LIBOR Rate Loans hereunder. A certificate as to any
additional amounts payable pursuant to this Section submitted by any Lender, through the
Administrative Agent, to the Borrower (which certificate must be delivered to the Administrative
Agent within thirty days following such default, prepayment or conversion) shall be presumed
correct in the absence of demonstrable error. The agreements in this Section shall survive
termination of this Credit Agreement and payment of the Credit Party Obligations; provided,
that any claim by a Lender for indemnification under this Section 2.17 shall be made no later than
ninety (90) days after such Lender becomes aware of such loss or expense.

     Section 2.18 Taxes.

     (a) All payments made by the Credit Parties hereunder or under any Note shall be,
except as provided in Section 2.18(b), made free and clear of, and without deduction or
withholding for, any present or future taxes, levies, imposts, duties, fees, assessments or
other charges of whatever nature now or hereafter imposed by any Governmental Authority or
by any political subdivision or taxing authority thereof or therein with respect to such
payments (but excluding any tax imposed on or measured by the net income or profits of a
Lender pursuant to the laws of the jurisdiction in which it is organized or the jurisdiction
in which the principal office or applicable lending office of such Lender is located or any
subdivision thereof or therein) and all interest, penalties or similar liabilities with
respect thereto (all such non-excluded taxes, levies, imposts, duties, fees, assessments or
other charges being referred to collectively as “Taxes”). If any Taxes are so
levied or imposed, the Credit Parties agree to pay the full amount of such Taxes, and such
additional amounts as may be necessary so that every payment of all amounts due by the
Credit Parties under this Credit Agreement or under any Note, after withholding or deduction
for or on account of any Taxes, will not be less than the amount provided for herein or in
such Note. The Credit Parties will furnish to the Administrative Agent as soon as
practicable after the date the payment of any such Taxes is due pursuant to applicable law
certified copies (to the extent reasonably available and required by law) of tax receipts
evidencing such payment by the Credit Parties. The Credit Parties agree to indemnify and
hold harmless each Lender, and reimburse such Lender upon its written request, for the
amount of any Taxes so levied or imposed and paid by such Lender.

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     (b) Each Lender that is not a United States person (as such term is defined in
Section 7701(a)(30) of the Code) agrees to deliver to the Borrower and the Administrative
Agent on or prior to the Closing Date, or in the case of a Lender that is an assignee or
transferee of an interest under this Credit Agreement pursuant to Section 9.6(d) (unless the
respective Lender was already a Lender hereunder immediately prior to such assignment or
transfer), on the date of such assignment or transfer to such Lender two accurate and
complete original signed copies of Internal Revenue Service Form W-8BEN or W-8ECI (or
successor forms) certifying such Lender’s entitlement to a complete exemption from
United States withholding tax with respect to payments to be made under this Credit
Agreement and under any Note. In addition, each Lender agrees that it will deliver upon the
Borrower’s request updated versions of the foregoing, as applicable, whenever the previous
certification has become obsolete or inaccurate in any material respect, together with such
other forms as may be required in order to confirm or establish the entitlement of such
Lender to a continued exemption from or reduction in United States withholding tax with
respect to payments under this Credit Agreement and any Note. Notwithstanding anything to
the contrary contained in Section 2.18(a), but subject to the immediately succeeding
sentence, (i) the Borrower shall be entitled, to the extent it is required to do so by law,
to deduct or withhold Taxes imposed by the United States (or any political subdivision or
taxing authority thereof or therein) from interest, fees or other amounts payable hereunder
for the account of any Lender which is not a United States person (as such term is defined
in Section 7701(a)(30) of the Code) for U.S. Federal income tax purposes to the extent that
such Lender has not provided to the Borrower U.S. Internal Revenue Service Forms that
establish a complete exemption from such deduction or withholding and (ii) the Borrower
shall not be obligated pursuant to Section 2.18(a) hereof to gross-up payments to be made to
a Lender in respect of Taxes imposed by the United States if (A) such Lender has not
provided to the Borrower the Internal Revenue Service Forms required to be provided to the
Borrower pursuant to this Section 2.18(b) or (B) in the case of a payment, other than
interest, to a Lender described in clause (ii) above, to the extent that such Forms do not
establish a complete exemption from withholding of such Taxes. Notwithstanding anything to
the contrary contained in the preceding sentence or elsewhere in this Section 2.18, the
Credit Parties agree to pay additional amounts and to indemnify each Lender in the manner
set forth in Section 2.18(a) (without regard to the identity of the jurisdiction requiring
the deduction or withholding) in respect of any amounts deducted or withheld by it as
described in the immediately preceding sentence as a result of any changes after the Closing
Date in any applicable law, treaty, governmental rule, regulation, guideline or order, or in
the interpretation thereof, relating to the deducting or withholding of Taxes.

     (c) Each Lender agrees to use reasonable efforts (including reasonable efforts to
change its Domestic Lending Office or LIBOR Lending Office, as the case may be) to avoid or
to minimize any amounts which might otherwise be payable pursuant to this Section;
provided, however, that such efforts shall not cause the imposition on such
Lender of any additional costs or legal or regulatory burdens deemed by such Lender in its
sole discretion to be material.

     (d) If the Credit Parties pay any additional amount pursuant to this Section 2.18 with
respect to a Lender, such Lender shall use reasonable efforts to obtain a

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refund of tax or credit against its tax liabilities on account of such payment;
provided that such Lender shall have no obligation to use such reasonable efforts if
either (i) it is in an excess foreign tax credit position or (ii) it believes in good faith,
in its sole discretion, that claiming a refund or credit would cause adverse tax
consequences to it. In the event that such Lender receives such a refund or credit, such
Lender shall pay to the Credit Parties an amount that such Lender reasonably determines is
equal to the net tax benefit obtained by such Lender as a result of such payment by the
Credit Parties. In the event that no refund or credit is obtained with respect to the
Credit Parties’ payments to such Lender pursuant to this Section 2.18(d), then such Lender
shall upon request provide a certification that such Lender has not received a refund or
credit for such payments. Nothing contained in this Section 2.18(d) shall require a Lender
to disclose or detail the basis of its calculation of the amount of any tax benefit or any
other amount or the basis of its determination referred to in the proviso to the first
sentence of this Section 2.18(d) to the Credit Parties or any other party.

     (e) The agreements in this Section 2.18 shall survive the termination of this Credit
Agreement and the payment of the Credit Party Obligations.

     Section 2.19 Indemnification; Nature of Issuing Lender’s Duties.

     (a) In addition to its other obligations under Section 2.3, the Credit Parties hereby
agree to protect, indemnify, pay and save the Issuing Lender harmless from and against any
and all claims, demands, liabilities, damages, losses, costs, charges and expenses
(including reasonable attorneys’ fees) that the Issuing Lender may incur or be subject to as
a consequence, direct or indirect, of (i) the issuance of any Letter of Credit or (ii) the
failure of the Issuing Lender to honor a drawing under a Letter of Credit as a result of any
act or omission, whether rightful or wrongful, of any present or future de jure or de facto
government or Governmental Authority (all such acts or omissions, herein called
“Government Acts”).

     (b) As between the Credit Parties and the Issuing Lender, the Credit Parties shall
assume all risks of the acts, omissions or misuse of any Letter of Credit by the beneficiary
thereof. The Issuing Lender shall not be responsible: (i) for the form, validity,
sufficiency, accuracy, genuineness or legal effect of any document submitted by any party in
connection with the application for and issuance of any Letter of Credit, even if it should
in fact prove to be in any or all respects invalid, insufficient, inaccurate, fraudulent or
forged; (ii) for the validity or sufficiency of any instrument transferring or assigning or
purporting to transfer or assign any Letter of Credit or the rights or benefits thereunder
or proceeds thereof, in whole or in part, that may prove to be invalid or ineffective for
any reason; (iii) for failure of the beneficiary of a Letter of Credit to comply fully with
conditions required in order to draw upon a Letter of Credit; (iv) for errors, omissions,
interruptions or delays in transmission or delivery of any messages, by mail, cable,
telegraph, telex or otherwise, whether or not they be in cipher; (v) for errors in
interpretation of technical terms; (vi) for any loss or delay in the transmission or
otherwise of any document required in order to make a drawing under a Letter of Credit or of
the proceeds thereof; and (vii) for any consequences arising from causes beyond the control
of the Issuing Lender, including, without limitation, any Government Acts. None

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of the above shall affect, impair, or prevent the vesting of the Issuing Lender’s
rights or powers hereunder. The Credit Parties do not waive their right to assert (by
separate and independent action and not by way of setoff) any claim to recover amounts paid
in accordance with this Section or in satisfaction of Reimbursement Obligations based on the
Issuing Lender’s gross negligence or willful misconduct.

     (c) In furtherance and extension and not in limitation of the specific provisions
hereinabove set forth, any action taken or omitted by the Issuing Lender, under or in
connection with any Letter of Credit or the related certificates, if taken or omitted in the
absence of gross negligence or willful misconduct, shall not put the Issuing Lender under
any resulting liability to the Credit Parties. It is the intention of the parties that this
Credit Agreement shall be construed and applied to protect and indemnify the Issuing Lender
against any and all risks involved in the issuance of the Letters of Credit, all of which
risks are hereby assumed by the Credit Parties, including, without limitation, any and all
risks of the acts or omissions, whether rightful or wrongful, of any Government Authority.
The Issuing Lender shall not, in any way, be liable for any failure by the Issuing Lender or
anyone else to pay any drawing under any Letter of Credit as a result of any Government Acts
or any other cause beyond the control of the Issuing Lender.

     (d) Nothing in this Section 2.19 is intended to limit the Reimbursement Obligation of
the Borrower contained in Section 2.3(d) hereof. The obligations of the Credit Parties
under this Section 2.19 shall survive the termination of this Credit Agreement. No act or
omissions of any current or prior beneficiary of a Letter of Credit shall in any way affect
or impair the rights of the Issuing Lender to enforce any right, power or benefit under this
Credit Agreement.

     (e) Notwithstanding anything to the contrary contained in this Section 2.19 or
elsewhere, the Credit Parties shall have no obligation to indemnify the Issuing Lender in
respect of any liability incurred by the Issuing Lender arising out of the gross negligence
or willful misconduct of the Issuing Lender (including action not taken by the Issuing
Lender), as determined by a court of competent jurisdiction.

     Section 2.20 Replacement of Lenders.

     The Borrower shall be permitted to replace, with a financial institution, any Lender (other
than Wachovia) that (a) requests reimbursement for amounts owing pursuant to Section 2.15, 2.16 or
2.18(a), or (b) is then in default of its obligation to make Loans hereunder; provided that (i)
such replacement does not conflict with any Requirement of Law, (ii) no Event of Default shall have
occurred and be continuing at the time of such replacement, (iii) prior to any such replacement,
such Lender shall have taken no action under Section 2.15, 2.16 or 2.18(a), as applicable, so as to
eliminate the continued need for payment of amounts owing pursuant to Section 2.15, 2.16 or
2.18(a), as applicable, (iv) the replacement financial institution shall purchase, at par, all
Loans and other amounts owing to such replaced Lender and assume all Commitments of the replaced
Lender on or prior to the date of replacement, (v) the Borrower shall be liable to such Lender
under Section 2.17 if any LIBOR Rate Loan owing to such replaced Lender shall be purchased other
than on the last day of the Interest Period relating

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thereto, (vi) the replacement financial institution, if not already a Lender, shall be
reasonably satisfactory to the Administrative Agent, (vii) the replaced Lender shall be obligated
to make such replacement in accordance with the provisions of Section 9.6 (provided that the
Borrower shall be obligated to pay the registration and processing fee referred to therein), (viii)
until such time as such replacement shall be consummated, the Borrower shall pay all additional
amounts (if any) required pursuant to Section 2.15, 2.16 or 2.18(a), as the case may be (and
thereafter, shall pay all amounts incurred under such Sections prior to such replacement), and (ix)
any such replacement shall not be deemed to be a waiver of any rights that the Borrower, the
Administrative Agent or any other Lender shall have against the replaced Lender. In the event the
replaced Lender fails to execute the agreements required under Section 9.6 in connection with any
assignment pursuant to this Section 2.20, the Administrative Agent may, upon two (2) Business Days
prior notice to such replaced Lender, execute such agreements on behalf of such replaced Lender. A
Lender shall not be required to be replaced if, prior thereto, as a result of a waiver by such
Lender or otherwise, the circumstances entitling the Borrower to require such replacement cease to
apply.

ARTICLE III

REPRESENTATIONS AND WARRANTIES

     To induce the Lenders to enter into this Credit Agreement and to make the Extensions of Credit
herein provided for, the Credit Parties hereby represent and warrant to the Administrative Agent
and to each Lender that:

     Section 3.1 Financial Condition.

     The Borrower has delivered to the Administrative Agent and the Lenders (a) balance sheets and
the related statements of income and of cash flows of Belden Inc. (as the accounting acquirer with
respect to the July 15, 2004 merger involving the Borrower and Belden Inc.) and its Subsidiaries on
a consolidated basis for the fiscal years ended December 31, 2002, December 31, 2003 and December
31, 2004 audited by a nationally recognized independent accounting firm, (b) a company-prepared
unaudited balance sheet and related statements of income and cash flows for the Borrower and its
Subsidiaries on a consolidated basis for the three (3) consecutive fiscal quarters ending September
30, 2005, (c) a company-prepared pro forma balance sheet and related statements of income and cash
flows for the Borrower and its Subsidiaries on a consolidated basis giving effect to the initial
Loans and other Extension of Credit under this Agreement and the other transactions contemplated
herein as of September 30, 2005, in form and substance reasonably satisfactory to the Arranger and
the Administrative Agent and (d) five-year projections of the Borrower and its Subsidiaries on a
consolidated basis, all in form and substance reasonably satisfactory to the Administrative Agent
and certified by the chief financial officer of the Borrower that they fairly present the financial
condition of the Borrower and its Subsidiaries as of the dates indicated and that (i) with respect
to the audited and unaudited financial statements, they fairly present the results of their
operations and their cash flows for the periods indicated, subject (in the case of the unaudited
financial statements) to changes resulting from audit and normal year-end adjustments, and
(ii) with respect to the pro forma balance sheet and the projections, were prepared in good faith
based upon reasonable assumptions.

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     Section 3.2 No Change.

     Since December 31, 2004 (and, after delivery of annual audited financial statements in
accordance with Section 5.1(a) for the fiscal years ending December 31, 2005 and December 31, 2006,
from the date of such most recently delivered annual audited financial statements) there has been
no development or event which, individually or in the aggregate, has had or could reasonably be
expected to have a Material Adverse Effect.

     Section 3.3 Corporate Existence; Compliance with Law.

     Each of the Borrower and the other Credit Parties (a) is duly organized, validly existing and
in good standing under the laws of the jurisdiction of its organization, (b) has the requisite
power and authority to own and operate all its material property, to lease the material property it
operates as lessee and to conduct the business in which it is currently engaged, (c) is duly
qualified to conduct business and in good standing under the laws of each jurisdiction where its
ownership, lease or operation of property or the conduct of its business requires such
qualification except to the extent that the failure to so qualify or be in good standing could not,
in the aggregate, reasonably be expected to have a Material Adverse Effect and (d) is in compliance
with all Requirements of Law except to the extent that the failure to comply therewith could not,
in the aggregate, reasonably be expected to have a Material Adverse Effect. The jurisdictions in
which the Credit Parties as of the Closing Date are organized and qualified to do business are
described on Schedule 3.3.

     Section 3.4 Corporate Power; Authorization; Enforceable Obligations.

     Each of the Borrower and the other Credit Parties has full power and authority and the legal
right to make, deliver and perform the Credit Documents to which it is party and has taken all
necessary corporate action to authorize the execution, delivery and performance by it of the Credit
Documents to which it is party. No consent or authorization of, filing with, notice to or other
act by or in respect of, any Governmental Authority (except for filings under the Securities
Exchange Act of 1934) or any other Person is required in connection with the borrowings hereunder
or with the execution, delivery or performance of any Credit Document by the Borrower or the other
Credit Parties (other than those which have been obtained) or with the validity or enforceability
of any Credit Document against the Borrower or the other Credit Parties (except such filings as are
necessary in connection with the perfection of the Liens created by such Credit Documents). Each
Credit Document to which it is a party has been duly executed and delivered on behalf of the
Borrower or the other Credit Parties, as the case may be. Each Credit Document to which it is a
party constitutes a legal, valid and binding obligation of the Borrower or the other Credit
Parties, as the case may be, enforceable against the Borrower or such other Credit Party, as the
case may be, in accordance with its terms, except as enforceability may be limited by applicable
bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of
creditors’ rights generally and by general equitable principles (whether enforcement is sought by
proceedings in equity or at law).

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     Section 3.5 No Legal Bar; No Default.

     The execution, delivery and performance of the Credit Documents, the borrowings thereunder and
the use of the proceeds of the Loans will not violate any material Requirement of Law or any
material Contractual Obligation of the Borrower or any other Credit Party (except those as to which
waivers or consents have been obtained), and will not result in, or require, the creation or
imposition of any Lien on any of its or their respective properties or revenues pursuant to any
material Requirement of Law or material Contractual Obligation other than the Liens arising under
or contemplated in connection with the Credit Documents. Neither the Borrower nor any other Credit
Party is in default under or with respect to any of its Contractual Obligations in any respect
which could reasonably be expected to have a Material Adverse Effect. No Default or Event of
Default has occurred and is continuing.

     Section 3.6 No Material Litigation.

     No litigation, investigation or proceeding of or before any arbitrator or Governmental
Authority is pending or, to the best knowledge of the Credit Parties, threatened by or against any
Credit Party or any Subsidiaries of the Credit Parties or against any of its or their respective
properties or revenues (a) with respect to the Credit Documents or any Loan or any of the
transactions contemplated hereby, or (b) which could reasonably be expected to have a Material
Adverse Effect.

     Section 3.7 Investment Company Act; PUHCA, Etc.

     Neither the Borrower nor any other Credit Party is an “investment company”, or a company
“controlled” by an “investment company”, within the meaning of the Investment Company Act of 1940,
as amended. Neither the Borrower nor any other Credit Party is subject to regulation under any
federal or state statute or regulation limiting its ability to incur the Credit Party Obligations,
including, without limitation, to the extent limiting such ability, the Public Utility Holding
Company Act of 1935, as amended, the Federal Power Act and the Interstate Commerce Act.

     Section 3.8 Margin Regulations.

     No part of the proceeds of any Extension of Credit hereunder will be used directly or
indirectly for any purpose which violates the provisions of Regulation T, U or X of the Board of
Governors of the Federal Reserve System as now and from time to time hereafter in effect. The
Credit Parties and their Subsidiaries (a) are not engaged, principally or as one of their important
activities, in the business of extending credit for the purpose of “purchasing” or “carrying”
“margin stock” within the respective meanings of each of such terms under Regulation U and (b)
taken as a group do not own “margin stock” except as identified in the financial statements
referred to in Section 3.1 and the aggregate value of all “margin stock” owned by the Credit
Parties and their Subsidiaries taken as a group does not exceed 25% of the value of their assets.

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     Section 3.9 ERISA.

     Neither a Reportable Event nor an “accumulated funding deficiency” (within the meaning of
Section 412 of the Code or Section 302 of ERISA) has occurred during the five-year period prior to
the date on which this representation is made or deemed made with respect to any Plan, and during
such period each Plan has complied in all material respects with the applicable provisions of ERISA
and the Code, except to the extent that any such occurrence or failure to comply would not
reasonably be expected to have a Material Adverse Effect. No termination of a Single Employer Plan
has occurred resulting in any liability that has remained underfunded, and no Lien in favor of the
PBGC or a Plan has arisen, during such five-year period which could reasonably be expected to have
a Material Adverse Effect. The present value of all accrued benefits under each Single Employer
Plan (based on those assumptions used to fund such Plans) did not, as of the last annual valuation
date prior to the date on which this representation is made or deemed made, exceed the value of the
assets of such Plan allocable to such accrued benefits by an amount which, as determined in
accordance with GAAP, could reasonably be expected to have a Material Adverse Effect. Neither the
Borrower nor any Commonly Controlled Entity is currently subject to any liability for a complete or
partial withdrawal from a Multiemployer Plan which could reasonably be expected to have a Material
Adverse Effect.

     Section 3.10 Environmental Matters.

     Except as to matters which, either individually or in the aggregate, could not reasonably be
expected to have a Material Adverse Effect:

     (a) To the best of the Credit Parties’ actual knowledge, the facilities and properties
owned, leased or operated by the Borrower and the other Credit Parties or any of their
Subsidiaries (the “Properties”) do not contain any Materials of Environmental
Concern in amounts or concentrations which (i) constitute a violation of, or (ii) could give
rise to liability under, any Environmental Law.

     (b) To the best of the Credit Parties’ actual knowledge, the Properties and all
operations of the Borrower and the other Credit Parties and/or their Subsidiaries at the
Properties are in compliance, and since the date three years prior to the Closing Date have
been in compliance, in all material respects with all applicable Environmental Laws, and
there is no contamination at, under or about the Properties or violation of any
Environmental Law with respect to the Properties or the business operated by the Borrower
and the other Credit Parties or any of their Subsidiaries (the “Business”).

     (c) Since the date three years prior to the Closing Date, neither the Borrower nor any
of the other Credit Parties has received any written or actual notice of violation, alleged
violation, non-compliance, liability or potential liability regarding environmental matters
or compliance with Environmental Laws with regard to any of the Properties or the Business,
nor does the Borrower or any of the other Credit Parties nor any of their Subsidiaries have
knowledge or reason to believe that any such notice will be received or is being threatened.

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     (d) To the best of the Credit Parties’ actual knowledge, since the date three years
prior to the Closing Date, Materials of Environmental Concern have not been transported or
disposed of from the Properties in violation of, or in a manner or to a location which could
give rise to liability under any Environmental Law, nor have any Materials of Environmental
Concern been generated, treated, stored or disposed of at, on or under any of the Properties
in violation of, or in a manner that could give rise to liability under, any applicable
Environmental Law.

     (e) No judicial proceeding or governmental or administrative action is pending or, to
the best of the Credit Parties’ actual knowledge, threatened, under any Environmental Law to
which the Borrower or any other Credit Party or any Subsidiary is or will be named as a
party with respect to the Properties or the Business, nor are there any consent decrees or
other decrees, consent orders, administrative orders or other orders, or other
administrative or judicial requirements outstanding under any Environmental Law with respect
to the Properties or the Business.

     (f) To the best of the Credit Parties’ actual knowledge, since the date three years
prior to the Closing Date, there has been no release or threat of release of Materials of
Environmental Concern at or from the Properties, or arising from or related to the
operations of the Borrower or any other Credit Party or any Subsidiary in connection with
the Properties or otherwise in connection with the Business, in violation of or in amounts
or in a manner that could give rise to liability under Environmental Laws.

     Section 3.11 Use of Proceeds.

     The proceeds of the Extensions of Credit shall be used by the Borrower solely (a) to refinance
certain existing Indebtedness of the Borrower and its Subsidiaries, (b) to pay any costs, fees and
expenses associated with this Agreement on the Closing Date and (c)  for working capital and other
general corporate purposes of the Borrower and its Subsidiaries (including, without limitation,
capital expenditures and Permitted Acquisitions).

     Section 3.12 Subsidiaries.

     Set forth on Schedule 3.12 is a complete and accurate list of all Subsidiaries of the
Credit Parties. Information on the attached Schedule includes the following: (a) jurisdiction of
incorporation; (b) the number of shares of each class of Capital Stock or other equity interests
outstanding; (c) the number of authorized shares of each class of stock; and (d) the number and
effect, if exercised, of all outstanding options, warrants, rights of conversion or purchase and
similar rights. The outstanding Capital Stock and other equity interests of all such Subsidiaries
is validly issued, fully paid and non-assessable and is owned, free and clear of all Liens (other
than the Permitted Liens and those Liens arising under or contemplated in connection with the
Credit Documents). The Borrower may update Schedule 3.12 from time to time by providing a
replacement Schedule 3.12 to the Administrative Agent.

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     Section 3.13 Ownership.

     Each Credit Party and its Subsidiaries has good and transferrable title, subject only to
Permitted Liens, to its respective material assets sufficient for the conduct of its business, or
if any material asset is leased by a Credit Party or a Subsidiary, it has a valid leasehold
interest enforceable against the lessor of such Property substantially in accordance with the terms
of such lease, and none of such material assets is subject to any Lien other than Permitted Liens.

     Section 3.14 Indebtedness.

     Except as otherwise permitted under Section 6.1, the Credit Parties and their Subsidiaries
have no Indebtedness.

     Section 3.15 Taxes.

     Other than any return or payment with respect to which any applicable statute of limitations
has expired, each of the Credit Parties and their Subsidiaries has filed, or caused to be filed,
all tax returns (federal, state, local and foreign) required to be filed and paid (a) all amounts
of taxes shown thereon to be due (including interest and penalties) and (b) all other taxes, fees,
assessments and other governmental charges (including mortgage recording taxes, documentary stamp
taxes and intangibles taxes) owing by it, except for such taxes, fees, assessments and governmental
charges (i) which are not yet delinquent, (ii) that are being contested in good faith and by proper
proceedings and against which adequate reserves are being maintained in accordance with GAAP or
(iii) are immaterial or de minimus in amount. No Credit Party is aware as of the Closing Date of
any proposed tax assessments against them or any of their Subsidiaries which could reasonably be
expected to have a Material Adverse Effect.

     Section 3.16 Intellectual Property Rights.

     Each of the Credit Parties and their Subsidiaries owns, or has the legal right to use, all
trademarks, tradenames, copyrights, technology, know-how and processes necessary for each of them
to conduct its business as currently conducted in all material respects. Set forth on
Schedule 3.16 is a list, as of the later of the Closing Date or the date Schedule
3.16 was most recently updated pursuant to Section 5.2(c)(ii), of all Intellectual Property
(excluding software and software-related licenses) that is material to the conduct of the business
of the Borrower and its Subsidiaries taken as a whole (i) that is registered (or for which an
application for registration has been submitted) with the U.S. Patent and Trademark Office or the
U.S. Copyright Office, as applicable and (ii) that is either owned by any of the Credit Parties and
their Subsidiaries or that the Credit Parties or any of their Subsidiaries has the right to use.
Except as provided on Schedule 3.16, no claim has been asserted and is pending by any
Person challenging or questioning the use of any such Intellectual Property or the validity or
effectiveness of any such Intellectual Property, nor do the Credit Parties or any of their
Subsidiaries know of any such claim, and, to the actual knowledge of the Responsible Officers of
the Credit Parties, the use of such Intellectual Property by the Credit Parties or any of their
Subsidiaries does not infringe on the rights of any Person, except for such claims and
infringements that in the aggregate, could not reasonably be expected to have a Material Adverse
Effect. Schedule 3.16 shall be updated

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quarterly by the Borrower to include new Intellectual Property by giving written notice
thereof to the Administrative Agent as required by Section 5.2(c)(ii).

     Section 3.17 Solvency.

     The fair saleable value of the Credit Parties’ collective assets, measured on a going concern
basis, exceeds all probable liabilities including those to be incurred pursuant to this Credit
Agreement. None of the Credit Parties (a) has unreasonably small capital in relation to the
business in which it is or proposes to be engaged or (b) has incurred, or believes that it will
incur after giving effect to the transactions contemplated by this Credit Agreement, debts beyond
its ability to pay such debts as they become due.

     Section 3.18 Investments.

     All Investments of each of the Credit Parties and their Subsidiaries are Permitted
Investments.

     Section 3.19 Collateral Representations.

     (a) Set forth on Schedule 3.19(a) is a list of all leased or owned real properties of
the Credit Parties and any other locations where any tangible personal property of the Credit
Parties is located as of the Closing Date, including street address, county and state where
located, except in any event for (a) locations where inventory on consignment or subject to
bailment agreements is being held, provided that the aggregate value of such inventory at all
locations does not exceed $500,000, and provided that the Credit Parties have filed a financing
statement with respect to such goods, (b) goods in transit and (c) locations where other goods are
located, provided that the aggregate value of such goods does not exceed $100,000.

     (b) Set forth on Schedule 3.19(b) is the state of incorporation or organization, the
chief executive office and the principal place of business of each of the Credit Parties as of the
Closing Date.

     (c) Set forth on Schedule 3.19(c), as of the Fourth Amendment Effective Date and as of
the last date such Schedule was required to be updated in accordance with Section 5.2, is a list of
all intercompany Indebtedness having an outstanding principal balance in excess of $1,000,000 and
to the extent required by Section 5.12, all such intercompany Indebtedness owing to a Credit Party
is subject to a promissory note which has been pledged and delivered to the Administrative Agent as
Collateral under the Security Documents.

     Section 3.20 No Burdensome Restrictions.

     None of the Credit Parties or any of their Subsidiaries is a party to any agreement or
instrument or subject to any other obligation or any charter or corporate restriction or any
provision of any applicable law, rule or regulation affecting their business which, individually or
in the aggregate, could reasonably be expected to have a Material Adverse Effect.

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     Section 3.21 Brokers’ Fees.

     None of the Credit Parties or their Subsidiaries has any obligation as of the Closing Date to
any Person in respect of any finder’s, broker’s, investment banking or other similar fee in
connection with any of the transactions contemplated under the Credit Documents other than the
closing and other fees payable pursuant to this Credit Agreement and the fees set forth in the
Engagement Letter.

     Section 3.22 Labor Matters.

     There are no collective bargaining agreements or Multiemployer Plans covering the employees of
the Credit Parties or any of their Subsidiaries as of the Closing Date, other than as set forth in
Schedule 3.22 hereto, and none of the Credit Parties and their Subsidiaries (a) has
suffered any strikes, walkouts, work stoppages or other labor difficulty since the date three years
prior to the Closing Date, other than as set forth in Schedule 3.22 hereto, or (b) has
knowledge of any potential or pending strike, walkout or work stoppage, which, in the case of (a)
or (b), could reasonably be expected to have a Material Adverse Effect. Other than as set forth on
Schedule 3.22, no unfair labor practice complaint is pending against any Credit Party or
any of its Subsidiaries as of the Closing Date which could reasonably be expected to have a
Material Adverse Effect.

     Section 3.23 Accuracy and Completeness of Information.

     All factual information heretofore, contemporaneously or hereafter furnished by or on behalf
of any Credit Party or any of its Subsidiaries to the Administrative Agent, the Arranger or any
Lender for purposes of or in connection with this Credit Agreement or any other Credit Document, or
any transaction contemplated hereby or thereby, is or will be true and accurate in all material
respects and not incomplete by omitting to state any material fact necessary to make such
information not misleading. To the actual knowledge of the Responsible Officers of the Credit
Parties, the Credit Parties have disclosed to the Administrative Agent in writing any and all facts
which could reasonably be expected to cause a Material Adverse Effect.

     Section 3.24 Material Contracts.

     Schedule 3.24 sets forth a complete and accurate list of all Material Contracts of the
Credit Parties and their Subsidiaries in effect as of the Closing Date. Other than as set forth in
Schedule 3.24, each such Material Contract is, and after giving effect to the Transactions
will be, in full force and effect in all material respects. The Credit Parties and their
Subsidiaries have made available to the Administrative Agent a true and complete copy of each
Material Contract. Schedule 3.24 may be updated from time to time by the Borrower to
include new Material Contracts or to delete contracts that are no longer Material Contracts by
giving written notice thereof to the Administrative Agent.

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     Section 3.25 Insurance.

     The insurance coverage of the Credit Parties and their Subsidiaries as of the Closing Date is
outlined as to carrier, policy number, expiration date, type and amount on Schedule 3.25
and such insurance coverage complies with the requirements set forth in Section 5.5(b).

     Section 3.26 Security Documents.

     The Security Documents create valid security interests in, and Liens on, the Collateral
purported to be covered thereby. Except as set forth in the Security Documents, such security
interests and Liens in the Perfection Collateral are currently (or will be, upon the filing of
appropriate financing statements in favor of the Administrative Agent, on behalf of the Secured
Parties, and upon the Administrative Agent taking possession or obtaining Control (as defined in
the Security Agreement) over those items of Collateral in which a security interest is perfected
through possession or Control) perfected security interests and Liens, prior to all other Liens
other than Permitted Liens.

     Section 3.27 Classification of Senior Indebtedness.

     The Credit Party Obligations constitute “Senior Debt” and/or “Designated Senior Debt” under
and as defined in the Subordinated Note Documents, the subordination provisions therein are legally
valid and enforceable against the parties thereto and the Lenders are entitled to rely on such
subordination provisions.

     Section 3.28 Anti-Terrorism Laws.

     Neither any Credit Party nor any of its Subsidiaries is an “enemy” or an “ally of the enemy”
within the meaning of Section 2 of the Trading with the Enemy Act of the United States of America
(50 U.S.C. App. §§ 1 et seq.), as amended. To the actual knowledge of the Responsible Officers of
the Credit Parties, neither any Credit Party nor any or its Subsidiaries is in material violation
of (a) the Trading with the Enemy Act, as amended, (b) any of the foreign assets control
regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) or
any enabling legislation or executive order relating thereto or (c) the Patriot Act (as defined in
Section 9.18). None of the Credit Parties (i) is a blocked person described in section 1 of the
Anti-Terrorism Order or (ii) to the actual knowledge of the Responsible Officers of the Credit
Parties, engages in any dealings or transactions, or is otherwise associated, with any such blocked
person.

     Section 3.29 Compliance with OFAC Rules and Regulations.

     None of the Credit Parties or their Subsidiaries or their respective Affiliates (a) is a
Sanctioned Person, (b) has more than 15% of its assets in Sanctioned Countries, or (c) derives more
than 15% of its operating income from investments in, or transactions with Sanctioned Persons or
Sanctioned Countries. No part of the proceeds of any Extension of Credit hereunder will knowingly
be used directly or indirectly to fund any operations in, finance any investments or activities in
or make any payments to, a Sanctioned Person or a Sanctioned Country.

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     Section 3.30 Directors; Capitalization.

     Set forth on Schedule 3.30 is a list of the directors of the Borrower’s board of
directors as of the Closing Date. As of the Closing Date, the capitalization of the Borrower is as
set forth on Schedule 3.30.

     Section 3.31 Compliance with FCPA.

     To the actual knowledge of the Responsible Officers of the Credit Parties, each of the Credit
Parties and their Subsidiaries is in material compliance with the Foreign Corrupt Practices Act, 15
U.S.C. §§ 78dd-1, et seq., and any foreign counterpart thereto. To the actual knowledge of the
Responsible Officers of the Credit Parties, none of the Credit Parties and their Subsidiaries has
made a payment, offering, or promise to pay, or authorized the payment of, money or anything of
value (a) in order to assist in obtaining or retaining business for or with, or directing business
to, any foreign official, foreign political party, party official or candidate for foreign
political office, (b) to a foreign official, foreign political party or party official or any
candidate for foreign political office, and (c) with the intent to induce the recipient to misuse
his or her official position to direct business wrongfully to such Credit Party or its Subsidiary
or to any other Person, in violation of the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et
seq.

ARTICLE IV

CONDITIONS PRECEDENT

     Section 4.1 Conditions to Closing Date.

     This Credit Agreement shall become effective upon, and the obligation of each Lender to make
the initial Revolving Loans on the Closing Date is subject to, the satisfaction or waiver by the
applicable Person(s) of the following conditions precedent:

     (a) Execution of Credit Agreement and Credit Documents. The Administrative
Agent shall have received (i) counterparts of this Credit Agreement, executed by a duly
authorized officer of each party hereto, (ii) for the account of each Lender with a
Revolving Commitment requesting a promissory note, a Revolving Note, (iii) for the account
of the Swingline Lender, the Swingline Note, (iv) counterparts of the Security Agreement and
the Pledge Agreement, executed by duly authorized officers of the Credit Parties thereto,
and (v) counterparts of any other Credit Document, executed by the duly authorized officers
of the parties thereto.

     (b) Authority Documents. The Administrative Agent shall have received the
following:

     (i) Articles of Incorporation. A copy of the articles of incorporation
of each Credit Party certified (A) by a secretary or assistant secretary of such
Credit Party (pursuant to a secretary’s certificate in substantially the form of
Schedule 4.1(b) attached hereto) as of the Closing Date to be true and
correct and

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in force and effect as of such date, and (B) to be true and complete as of a recent
date by the appropriate Governmental Authority of the state of its incorporation.

     (ii) Resolutions. A copy of resolutions of the board of directors of
each Credit Party approving and adopting the Credit Documents to which it is a
party, the transactions contemplated therein and authorizing execution and delivery
thereof, certified by a secretary or assistant secretary of such Credit Party
(pursuant to a secretary’s certificate in substantially the form of Schedule
4.1(b) attached hereto) as of the Closing Date to be true and correct and in
force and effect as of such date.

     (iii) Bylaws. A copy of the bylaws of each Credit Party certified by a
secretary or assistant secretary of such Credit Party (pursuant to a secretary’s
certificate in substantially the form of Schedule 4.1(b) attached hereto) as
of the Closing Date to be true and correct and in force and effect as of such date.

     (iv) Good Standing. A copy of certificates of good standing, existence
or its equivalent with respect to each Credit Party certified as of a recent date by
the appropriate Governmental Authorities of the state of its incorporation and each
other jurisdiction where its ownership, lease or operation of property or the
conduct of its business requires such qualification, except to the extent that the
failure to so qualify and be in good standing could not reasonably be expected to
have a Material Adverse Effect.

     (v) Incumbency. An incumbency certificate of each Credit Party
certified by a secretary or assistant secretary (pursuant to a secretary’s
certificate in substantially the form of Schedule 4.1(b) attached hereto) to
be true and correct as of the Closing Date.

     (c) Legal Opinions of Counsel. The Administrative Agent shall have received an
opinion or opinions of counsel for the Credit Parties, dated the Closing Date and addressed
to the Administrative Agent and the Lenders, in form and substance acceptable to the
Administrative Agent (which shall include, without limitation, opinions with respect to the
due organization and valid existence of each Credit Party, opinions as to perfection of the
Liens granted to the Administrative Agent pursuant to the Security Documents and opinions as
to the non-contravention of the Credit Parties’ organizational documents and Material
Contracts).

     (d) Personal Property Collateral. The Administrative Agent shall have
received, in form and substance satisfactory to the Administrative Agent:

     (i) (A) searches of Uniform Commercial Code filings in the jurisdiction of the
chief executive office of each Credit Party and each jurisdiction where any
Collateral is located or where a filing would need to be made in order to perfect
the Lenders’ security interest in the Perfection Collateral, copies of the financing
statements on file in such jurisdictions and evidence that no Liens exist

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other than Permitted Liens and (B) tax lien, judgment and pending litigation
searches;

     (ii) searches of ownership of Intellectual Property of the Credit Parties in
the appropriate governmental offices in the U.S. and such patent/trademark/copyright
filings as requested by the Administrative Agent in order to perfect the
Administrative Agent’s security interest in the U.S. Intellectual Property of the
Credit Parties;

     (iii) completed UCC financing statements for each appropriate jurisdiction as
is necessary, in the Administrative Agent’s reasonable discretion, to perfect the
Lenders’ security interest in the Perfection Collateral;

     (iv) with respect to the stock or membership certificates, if any, evidencing
the Capital Stock pledged to the Administrative Agent pursuant to the Pledge
Agreement, duly executed in blank undated stock or transfer powers;

     (v) duly executed consents as are necessary, in the Administrative Agent’s
reasonable discretion, to perfect the Lenders’ security interest in the Perfection
Collateral;

     (vi) in the case of any personal property Collateral located at premises leased
by a Credit Party, such estoppel letters, consents and waivers from the landlords on
such real property as may be reasonably required by the Administrative Agent;

     (vii) copies of the Material Contracts, certified by an officer of the Borrower
to be true and correct copies of such documents as of the Closing Date; and

     (viii) to the extent required hereunder, all instruments and chattel paper in
the possession of any of the Credit Parties, together with allonges or assignments
as may be necessary or appropriate to perfect the Administrative Agent’s security
interest in the Perfection Collateral.

     (e) [Reserved]

     (f) Liability, Casualty, Property and Business Interruption Insurance. The
Administrative Agent shall have received copies of insurance policies or certificates of
insurance evidencing liability, casualty, property and business interruption insurance
meeting the requirements set forth herein or in the Security Documents. The Administrative
Agent shall be named as loss payee, mortgagee and/or additional insured, as appropriate,
with respect to any such insurance providing liability coverage or coverage in respect of
any Collateral, and each provider of any such insurance shall agree, by endorsement upon the
policy or policies issued by it or by independent instruments furnished to the
Administrative Agent, that it will give thirty (30) days prior written notice before any
such policy or policies shall be altered or cancelled.

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     (g) Litigation. There shall not exist any pending litigation or investigation
affecting or relating to any Credit Party or any of its Subsidiaries that in the reasonable
judgment of the Administrative Agent and Lenders could be expected to have a Material
Adverse Effect, that has not been settled, dismissed, vacated, discharged or terminated
prior to the Closing Date.

     (h) Solvency Certificate. The Administrative Agent shall have received an
officer’s certificate prepared by the chief financial officer of the Borrower as to the
financial condition, solvency and related matters of the Credit Parties after giving effect
to the initial borrowings under the Credit Documents, in substantially the form of
Schedule 4.1(h) hereto.

     (i) Account Designation Letter. The Administrative Agent shall have received
the executed Account Designation Letter in the form of Schedule 1.1(a) hereto.

     (j) Notice of Borrowing. The Administrative Agent shall have received a Notice
of Borrowing with respect to the Revolving Loans to be made on the Closing Date.

     (k) Corporate Structure. The number of shares of each class of Capital Stock
issued and outstanding and the ownership thereof of the Credit Parties and their
Subsidiaries as of the Closing Date shall be as described in Schedule 3.12 and
Schedule 3.30.

     (l) Consents. The Administrative Agent shall have received evidence that all
boards of directors, governmental, shareholder and material third party consents and
approvals necessary in connection with the Transactions have been obtained and all
applicable waiting periods have expired without any action being taken by any authority that
could restrain, prevent or impose any material adverse conditions on such Transactions or
that could seek or threaten any of the foregoing.

     (m) Compliance with Laws. The financings and other Transactions contemplated
hereby shall be in material compliance with all applicable laws and regulations (including
all applicable securities and banking laws, rules and regulations).

     (n) Bankruptcy. There shall be no bankruptcy or insolvency proceedings with
respect to any Credit Party or any of the Credit Parties’ Subsidiaries.

     (o) Existing Indebtedness of the Credit Parties. All of the existing
Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than
Indebtedness permitted to exist pursuant to Section 6.1) shall be repaid in full and all
security interests related thereto shall be terminated on the Closing Date.

     (p) Financial Statements. The Administrative Agent and the Lenders shall have
received copies of the financial statements referred to in Section 3.1 hereof, each in form
and substance reasonably satisfactory to it.

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     (q) No Material Adverse Change. Since December 31, 2004, there shall have been
no change which could reasonably be expected to result in a Material Adverse Effect and
there shall not have occurred any material disruption or material adverse change in the
financial, banking or capital markets (including the loan syndication market) that has
impaired the Arranger’s ability to syndicate the facilities.

     (r) Financial Condition Certificate. The Administrative Agent shall have
received a certificate or certificates executed by a Responsible Officer of the Borrower as
of the Closing Date stating that (i) no action, suit, investigation or proceeding is
pending, ongoing or, to the knowledge of any Credit Party, threatened in any court or before
any other Governmental Authority that purports to affect any Credit Party or any transaction
contemplated by the Credit Documents, which action, suit, investigation or proceeding could
reasonably be expected to have a Material Adverse Effect and (ii) immediately after giving
effect to this Credit Agreement, the other Credit Documents, and all the Transactions
contemplated to occur on such date, (A) no Default or Event of Default exists, (B) all
representations and warranties contained herein and in the other Credit Documents are true
and correct in all material respects, and (C) the Credit Parties are in pro forma compliance
with each of the initial financial covenants set forth in Section 5.9 (as evidenced through
detailed calculations of such financial covenants on a schedule to such certificate) as of
the last day of the fiscal quarter ended September 30, 2005.

     (s) Total Leverage Ratio. The Administrative Agent shall have received
evidence that the Total Leverage Ratio of the Borrower and its Subsidiaries is not greater
than 2.0 to 1.00, calculated on a Pro Forma Basis immediately after giving effect to the
Transactions.

     (t) Consolidated EBITDA. The Administrative Agent shall have received evidence
reasonably satisfactory thereto provided by the Credit Parties that Consolidated EBITDA is
not less than $125,000,000 for the four consecutive quarter period ended as of September 30,
2005.

     (u) Material Contracts. The Administrative Agent shall have received true and
complete copies, certified by an officer of the Borrower as true and complete, of all
Material Contracts, together with all exhibits and schedules and all amendments thereto.

     (v) Patriot Act Certificate. The Administrative Agent shall have received a
certificate reasonably satisfactory thereto, for benefit of itself and the Lenders, provided
by the Borrower that sets forth information required by the Patriot Act (as defined in
Section 9.18) including, without limitation, the identity of the Borrower, the name and
address of the Borrower and other information that will allow the Administrative Agent or
any Lender, as applicable, to identify the Borrower in accordance with the Patriot Act.

     (w) Fees. The Administrative Agent and the Lenders shall have received all
fees, if any, owing pursuant to the Engagement Letter and Section 2.6.

     (x) [Reserved]

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     (y) [Reserved]

     (z) Additional Matters. All other documents and legal matters in connection
with the transactions contemplated by this Credit Agreement shall be reasonably satisfactory
in form and substance to the Administrative Agent and its counsel.

     Section 4.2 Conditions to All Extensions of Credit.

     The obligation of each Lender to make any Extension of Credit hereunder is subject to the
satisfaction of the following conditions precedent on the date of making such Extension of Credit:

     (a) Representations and Warranties. The representations and warranties made by
the Credit Parties herein, in the Security Documents or which are contained in any
certificate furnished at any time under or in connection herewith shall (i) with respect to
representations and warranties that contain a materiality qualification, be true and correct
and (ii) with respect to representations and warranties that do not contain a materiality
qualification, be true and correct in all material respects, in each case on and as of the
date of such Extension of Credit as if made on and as of such date (except for those which
expressly relate to an earlier date).

     (b) No Default or Event of Default. No Default or Event of Default shall have
occurred and be continuing on such date or after giving effect to the Extension of Credit to
be made on such date unless such Default or Event of Default shall have been waived in
accordance with this Credit Agreement.

     (c) Compliance with Commitments. Immediately after giving effect to the making
of any such Extension of Credit (and the application of the proceeds thereof), (i) the sum
of the aggregate principal amount of outstanding Revolving Loans plus outstanding
Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving
Committed Amount then in effect, (ii) the LOC Obligations shall not exceed the LOC Committed
Amount and (iii) the Swingline Loans shall not exceed the Swingline Committed Amount.

     (d) Additional Conditions to Revolving Loans. If a Revolving Loan is
requested, all conditions set forth in Section 2.1 shall have been satisfied.

     (e) Additional Conditions to Letters of Credit. If the issuance of a Letter of
Credit is requested, all conditions set forth in Section 2.3 shall have been satisfied.

     (f) Additional Conditions to Swingline Loans. If a Swingline Loan is
requested, all conditions set forth in Section 2.4 shall have been satisfied.

     (g) Pro Forma Compliance. The Credit Parties shall demonstrate to the
reasonable satisfaction of the Administrative Agent that, after giving effect to any such
Extension of Credit on a Pro Forma Basis, as of the date of such Extension of Credit:

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     (i) the Total Leverage Ratio is less than or equal to the level set forth in
Section 5.9(a) for the most recently ended fiscal quarter preceding such Extension
of Credit; provided that for purposes of calculating the Total Leverage
Ratio pursuant to this clause (g), Consolidated EBITDA shall be calculated as of the
most recently ended period with respect to which financial statements were delivered
pursuant to Section 5.1(a) or 5.1(b), as applicable; and

     (ii) to the extent the Total Leverage Ratio is greater than or equal to 3.25 to
1.0 as of the end of the most recently ended fiscal quarter preceding such Extension
of Credit, the Asset Coverage Ratio shall be greater than 1.00 to 1.0;
provided that, for purposes of calculating the Asset Coverage Ratio pursuant
to this clause (g), clauses (a)(i), (ii) and (iii) of the definition of Asset
Coverage Ratio shall be calculated as of the most recently ended period with respect
to which financial statements were delivered pursuant to Section 5.1(a) or 5.1(b),
as applicable.

     Each request for an Extension of Credit and each acceptance by the Borrower of any such
Extension of Credit shall be deemed to constitute representations and warranties by the Credit
Parties as of the date of such Extension of Credit that the conditions set forth above in
paragraphs (a) through (g), as applicable, have been satisfied.

ARTICLE V

AFFIRMATIVE COVENANTS

     The Credit Parties hereby covenant and agree that on the Closing Date, and thereafter until
the Termination Date, the Credit Parties shall, and shall cause each of their Subsidiaries (other
than in the case of Sections 5.1 or 5.2 hereof), to:

     Section 5.1 Financial Statements.

     Furnish to the Administrative Agent and each of the Lenders:

     (a) Annual Financial Statements. As soon as available and in any event no
later than the earlier of (i) to the extent applicable, the date the Borrower is required by
the SEC to deliver its Form 10-K for any fiscal year of the Borrower and (ii) ninety (90)
days after the end of each fiscal year of the Borrower, a copy of the consolidated balance
sheet of the Borrower and its consolidated Subsidiaries as at the end of such fiscal year
and the related consolidated statements of income and retained earnings and of cash flows of
the Borrower and its consolidated Subsidiaries for such year, which shall be audited by a
firm of independent certified public accountants of nationally recognized standing
reasonably acceptable to the Required Lenders, setting forth in each case in comparative
form the figures for the previous year, reported on without a “going concern” or like
qualification or exception, or qualification indicating that the scope of the audit was
inadequate to permit such independent certified public accountants to

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certify such financial statements without such qualification; provided, that the
delivery within the time period specified above of the Borrower’s Annual Report on Form 10-K
for such fiscal year (together with the Borrower’s annual report to shareholders, if any,
prepared pursuant to Rule 14a-3 under the Securities Exchange Act of 1934) prepared in
accordance with the requirements therefor and filed with the Securities and Exchange
Commission, together with such certified public accountants’ opinion, shall be deemed to
satisfy the requirements of this Section 5.1(a);

     (b) Quarterly Financial Statements. As soon as available and in any event no
later than the earlier of (i) to the extent applicable, the date the Borrower is required by
the SEC to deliver its Form 10-Q for any fiscal quarter of the Borrower and (ii) forty-five
(45) days after the end of the first three (3) fiscal quarters of each fiscal year of the
Borrower, a copy of the consolidated balance sheet of the Borrower and its consolidated
Subsidiaries as at the end of such period and related consolidated statements of income and
retained earnings and of cash flows for the Borrower and its consolidated Subsidiaries for
such quarterly period and for the portion of the fiscal year ending with such period, in
each case setting forth in comparative form consolidated figures for the corresponding
period or periods of the preceding fiscal year (subject to normal recurring year-end audit
adjustments); provided, that the delivery within the time period specified above of
the Borrower’s Form 10-Q for such fiscal quarter filed with the Securities and Exchange
Commission shall be deemed to satisfy the requirements of this Section 5.1(b); and

     (c) Annual Operating Budget and Cash Flow. As soon as available, but in any
event not later than December 31 of each fiscal year, a copy of the detailed annual
operating budget or plan including cash flow projections of the Borrower and its
Subsidiaries for the next four fiscal quarter period prepared on a quarterly basis, in form
and detail reasonably acceptable to the Administrative Agent and the Lenders, together with
a summary of the material assumptions made in the preparation of such annual budget or plan;

all such financial statements to be complete and correct in all material respects (subject, in the
case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in
reasonable detail and, in the case of the annual and quarterly financial statements provided in
accordance with subsections (a) and (b) above, in accordance with GAAP applied consistently
throughout the periods reflected therein and further accompanied by a description of, and an
estimation of the effect on the financial statements on account of, a change, if any, in the
application of accounting principles as provided in Section 1.3. Reports and documents required to
be delivered to the Lenders pursuant to Sections 5.1 and 5.2 shall be deemed delivered upon the
delivery of such reports and documents electronically to the Administrative Agent in a format that
will allow such reports and documents to be posted to Intralinks, Syndtrak or other electronic
medium accessible to the Lenders and reasonably acceptable to the Administrative Agent; provided,
that if any Lender shall request a printed copy of any such report or document, the Borrower shall
promptly provide such printed copies to such Lender.

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     Section 5.2 Certificates; Other Information.

     Furnish to the Administrative Agent and each of the Lenders:

     (a) concurrently with the delivery of the financial statements referred to in Section
5.1(a) above, a certificate of the independent certified public accountants reporting on
such financial statements stating that in making the examination necessary therefor nothing
has come to their attention to cause them to believe that any Default or Event of Default
existed on the date of such financial statements under Sections 5.9, 6.1, 6.2, or 6.5,
insofar as they relate to accounting matters (which statement may be limited to the extent
required by accounting rules or guidelines and it being acknowledged by the Administrative
Agent and the Lenders that the audit of the certified public accountants was not directed
primarily toward obtaining knowledge of such compliance or noncompliance), except as
specified in such certificate;

     (b) concurrently with the delivery of the financial statements referred to in Sections
5.1(a) and 5.1(b) above, a certificate of a Responsible Officer stating that such
Responsible Officer has reviewed the performance by the Credit Parties of, and the
compliance by the Credit Parties with, the covenants and other agreements set forth herein
and in the other Credit Documents, and that such Responsible Officer has obtained no
knowledge of any Default or Event of Default except as specified in such certificate and
such certificate shall include the calculations in reasonable detail required to indicate
compliance with Section 5.9 as of the last day of such period;

     (c) (i) concurrently with or prior to the delivery of the financial statements referred
to in Sections 5.1(a) and 5.1(b) above, an updated copy of Schedule 3.12 if the
Borrower or any of its Subsidiaries has formed or acquired a new Subsidiary since the
Closing Date or since Schedule 3.12 was last updated, as applicable, (ii)
concurrently with or prior to the delivery of the financial statements referred to in
Sections 5.1(a) or (b) above, an updated copy of Schedule 3.16 if the Borrower or
any of its Subsidiaries has registered, applied for registration of, acquired or otherwise
obtained ownership of any new Intellectual Property required to be listed on Schedule
3.16 since the Closing Date or since Schedule 3.16 was last updated, as
applicable, (iii) concurrently with or prior to the delivery of the financial statements
referred to in Sections 5.1(a) and 5.1(b) above, an updated copy of Schedule 3.19(c)
if the Credit Parties have issued any intercompany Indebtedness required to be pledged
pursuant to Section 5.12, (iv) concurrently with or prior to the delivery of the financial
statements referred to in Sections 5.1(a) or (b) above, an updated copy of Schedule
3.24 if any new Material Contract has been entered into since the Closing Date or since
Schedule 3.24 was last updated, as applicable, together with a copy of each new
Material Contract and (v) concurrently with or prior to the delivery of the financial
statements referred to in Sections 5.1(a) or (b) above, an updated copy of Schedule
2(a) to the Pledge Agreement, to the extent necessary to make such Schedule true and
correct.

     (d) within ten (10) days after the same are sent, filed or made, (i) copies of all
reports (other than those otherwise provided pursuant to Section 5.1 and those which are of
a promotional nature) and other financial information which the Borrower sends to its

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shareholders, (ii) copies of all reports and all registration statements and prospectuses,
if any, which the Borrower may make to, or file with, the Securities and Exchange Commission
(or any successor or analogous Governmental Authority) or any securities exchange or other
private regulatory authority and (iii) all press releases and other statements made
available by any of the Credit Parties to the public concerning material developments in the
business of any of the Credit Parties;

     (e) within five (5) Business Days after the receipt thereof, a copy or summary of any
other report, or “management letter” or similar report submitted by independent accountants
to the Borrower or any of its Subsidiaries in connection with any annual, interim or special
audit of the books of such Person (to the extent the Borrower is authorized to deliver such
management letter); and

     (f) within five (5) Business Days after a request, such additional financial and other
information as the Administrative Agent, on behalf of any Lender, may from time to time
reasonably request.

     Section 5.3 Payment of Taxes.

     Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as
the case may be, subject, where applicable, to specified grace periods, (a) its (i) Federal and
state taxes and (ii) all other taxes that, if unpaid, would result in Liens on the Collateral
ranking prior to or pari passu with the Liens granted to the Administrative Agent for the benefit
of the Secured Parties and (b) any additional costs that are imposed as a result of any failure to
so pay, discharge or otherwise satisfy such taxes, except, in each case, when the amount or
validity of any such taxes is currently being contested in good faith by appropriate proceedings
and reserves, if applicable, in conformity with GAAP with respect thereto have been provided on the
books of the Credit Parties and except where the failure to so pay could not reasonably be expected
to have a Material Adverse Effect.

     Section 5.4 Conduct of Business and Maintenance of Existence.

     (a) Subject to the proviso in Section 6.3, continue to engage in business of the same
general type as now conducted by it on the Closing Date and, except as permitted by Section
6.4, preserve, renew and keep in full force and effect its corporate existence and take all
reasonable action to maintain all rights, privileges and franchises necessary in the normal
conduct of its business in all material respects;

     (b) comply in all material respects with all Contractual Obligations applicable to it,
except to the extent that failure to comply therewith could not, individually or in the
aggregate, reasonably be expected to have a Material Adverse Effect; and

     (c) comply with all Requirements of Law applicable to it except to the extent that
failure to comply therewith could not, individually or in the aggregate, reasonably be
expected to have a Material Adverse Effect.

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     Section 5.5 Maintenance of Property; Insurance.

     (a) Keep all material property useful and necessary in its business in reasonably good
working order and condition (ordinary wear and tear and obsolescence excepted).

     (b) Maintain with financially sound and reputable insurance companies liability,
casualty, property and business interruption insurance (including, without limitation,
insurance with respect to its tangible Collateral) in at least such amounts and against at
least such risks as are usually insured against in the same general area by companies
engaged in the same or a similar business; and furnish to the Administrative Agent, upon the
request of the Administrative Agent, full information as to the insurance carried; it being
understood that such insurance will be subject to customary deductibles, and that
self-insurance may be utilized where appropriate. The Administrative Agent shall be named
as loss payee, as its interest may appear, and/or additional insured with respect to any
such casualty, property and liability insurance, as applicable, and each provider of any
such insurance shall agree, by endorsement upon the policy or policies issued by it or by
independent instruments furnished to the Administrative Agent, that it will give the
Administrative Agent at least ten (10) days prior written notice before any such policy or
policies shall be altered or canceled.

     (c) In case of any loss, damage to or destruction of the Collateral of any Credit Party
or any part thereof with a value greater than $2,500,000, such Credit Party shall promptly
give written notice thereof to the Administrative Agent generally describing the nature and
extent of such damage or destruction. In case of any such material loss, damage to or
destruction of the Collateral of any Credit Party or any part thereof, if required by the
Administrative Agent or the Required Lenders, such Credit Party (whether or not the
insurance proceeds, if any, received on account of such damage or destruction shall be
sufficient for that purpose), at such Credit Party’s cost and expense, will either (i)
promptly repair or replace the Collateral of such Credit Party so lost, damaged or destroyed
or (ii) prepay the Credit Party Obligations with the insurance proceeds so received.

     Section 5.6 Inspection of Property; Books and Records; Discussions.

     Keep proper books of records and account in which full, true and correct entries in
conformity, in all material respects, with GAAP and all Requirements of Law shall be made of all
dealings and transactions in relation to its businesses and activities; and permit, during regular
business hours and upon at least two (2) Business Days advance notice by the Administrative Agent
or any Lender, the Administrative Agent or any Lender to visit and inspect any of its properties
and examine and make abstracts from any of its books and records (other than materials protected by
attorney-client privilege and materials that a Credit Party or any of its Subsidiaries may not
disclose without violation of a confidentiality obligation binding upon it) at any reasonable time
and as often as may reasonably be desired, and to discuss the business, operations, properties and
financial and other condition of the Borrower and its Subsidiaries with officers and employees of
the Borrower and its Subsidiaries and with its independent certified public accountants;
provided, that so long as no Event of Default has occurred and is continuing,

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the Credit Parties shall only be required to pay the fees and expenses of the Administrative Agent
for one such inspection by the Administrative Agent in any fiscal year.

     Section 5.7 Notices.

     Give notice in writing to the Administrative Agent (which shall promptly transmit such notice
to each Lender) of:

     (a) promptly, but in any event within two (2) Business Days after a Responsible Officer
of any Credit Party obtains actual knowledge thereof, the occurrence of any Default or Event
of Default;

     (b) promptly after a Responsible Officer of any Credit Party obtains actual knowledge
thereof, any default or event of default under any Contractual Obligation of any Credit
Party which, individually or in the aggregate, could reasonably be expected to have a
Material Adverse Effect or involve a monetary claim in excess of $3,000,000;

     (c) promptly after a Responsible Officer of any Credit Party obtains actual knowledge
thereof, any litigation, or any investigation or proceeding (i) affecting any Credit Party
or any of their Subsidiaries which, individually or in the aggregate, could reasonably be
expected to have a Material Adverse Effect or involve a monetary judgment or settlement
payment in excess of $3,000,000, (ii) affecting or with respect to this Credit Agreement,
any other Credit Document or any security interest or Lien created thereunder or (iii)
involving an environmental claim or potential liability under Environmental Laws which could
reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect;

     (d) promptly after a Responsible Officer of any Credit Party obtains actual knowledge
thereof, any labor controversy that has resulted in, or threatens to result in, a strike or
other work action against any Credit Party which could reasonably be expected to have a
Material Adverse Effect;

     (e) promptly after the rendition thereof, any attachment, judgment, lien, levy or order
exceeding $2,000,000 rendered against any Credit Party other than Permitted Liens;

     (f) within thirty (30) days after a Responsible Officer of any Credit Party obtains
actual knowledge thereof: (i) the occurrence or expected occurrence of any Reportable Event
with respect to any Plan in excess of $2,000,000, a failure to make any material required
contribution to a Plan, the creation of any Lien in favor of the PBGC (other than a
Permitted Lien) on a Plan or any withdrawal from, or the termination, Reorganization or
Insolvency of, any Multiemployer Plan or (ii) the institution of proceedings or the taking
of any other action by the PBGC or any Credit Party, any Commonly Controlled Entity or any
Multiemployer Plan, with respect to the withdrawal from, or the terminating, Reorganization
or Insolvency of, any Plan;

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     (g) promptly after a Responsible Officer of any Credit Party obtains actual knowledge
thereof, any notice of a violation of any Requirement of Law received by any Credit Party
from any Governmental Authority including, without limitation, any notice of violation of
Environmental Laws, which could reasonably be expected to have a Material Adverse Effect;

     (h) promptly after a Responsible Officer of any Credit Party obtains actual knowledge
thereof, any other development or event which could reasonably be expected to have a
Material Adverse Effect; and

     (i) concurrently with the delivery thereof, copies of all written notices as the
Borrower shall send to the holders of the Existing Senior Subordinated Notes or the holders
of any other Subordinated Debt of the Credit Parties;

Each notice pursuant to this Section shall be accompanied by a statement of a Responsible Officer
setting forth details of the occurrence referred to therein and stating what action the Credit
Parties propose to take with respect thereto. In the case of any notice of a Default or Event of
Default, the Borrower shall specify that such notice is a Default or Event of Default notice on the
face thereof.

     Section 5.8 Environmental Laws.

     (a) Except for matters and failures that could not reasonably be expected to have a Material
Adverse Effect:

     (i) Comply with, and ensure compliance by all tenants and subtenants, if any, with, all
applicable Environmental Laws and obtain and comply with and maintain, and ensure that all
tenants and subtenants obtain and comply with and maintain, any and all licenses, approvals,
notifications, registrations or permits required by applicable Environmental Laws; and

     (ii) Conduct and complete all investigations, studies, sampling and testing, and all
remedial, removal and other actions required under Environmental Laws and promptly comply
with all lawful orders and directives of all Governmental Authorities regarding
Environmental Laws except to the extent that the same are being contested in good faith by
appropriate proceedings.

     (b) Defend, indemnify and hold harmless the Administrative Agent and the Lenders, and their
respective employees, agents, officers and directors, from and against any and all claims, demands,
penalties, fines, liabilities, settlements, damages, costs and expenses of whatever kind or nature
known or unknown, contingent or otherwise, arising out of, or in any way relating to the violation
of, noncompliance with or liability under, any Environmental Law applicable to the operations of
the Credit Parties or any of their Subsidiaries or the Properties, or any orders, requirements or
demands of Governmental Authorities related thereto, including, without limitation, reasonable
attorney’s and consultant’s fees, investigation and laboratory fees, response costs, court costs
and litigation expenses, except to the extent that any of the foregoing arise out of the gross
negligence or willful misconduct of the party seeking indemnification

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therefor. The agreements in this subsection shall survive repayment of the Credit Party
Obligations and the Termination Date.

     Section 5.9 Financial Covenants.

     Comply with the following financial covenants:

     (a) Total Leverage Ratio. The Total Leverage Ratio, as of the last day of each
fiscal quarter of the Borrower set forth below, shall be less than or equal to the
applicable ratio set forth below:

	 	 	 
	Fiscal Quarter	 	Total Leverage Ratio
	December 31, 2005

	 	4.00 to 1.0
	March 31, 2006

	 	4.00 to 1.0
	June 30, 2006

	 	4.00 to 1.0
	September 30, 2006

	 	4.00 to 1.0
	December 31, 2006

	 	4.00 to 1.0
	March 31, 2007

	 	3.75 to 1.0
	June 30, 2007

	 	3.75 to 1.0
	September 30, 2007

	 	3.75 to 1.0
	December 31, 2007

	 	3.75 to 1.0
	March 31, 2008

	 	3.50 to 1.0
	June 30, 2008

	 	3.50 to 1.0
	September 30, 2008

	 	3.50 to 1.0
	December 31, 2008

	 	3.50 to 1.0
	March 31, 2009

	 	3.50 to 1.0
	June 30, 2009

	 	4.00 to 1.0
	September 30, 2009

	 	4.00 to 1.0
	December 31, 2009

	 	4.00 to 1.0
	March 31, 2010

	 	4.00 to 1.0
	June 30, 2010

	 	3.75 to 1.0
	September 30, 2010

	 	3.75 to 1.0
	December 31, 2010

	 	3.50 to 1.0
	March 31, 2011

	 	3.50 to 1.0
	June 30, 2011 and thereafter

	 	3.25 to 1.0

     (b) Fixed Charge Coverage Ratio. The Fixed Charge Coverage Ratio, as of the
last day of each fiscal quarter of the Borrower set forth below, shall be greater than or
equal to the applicable ratio set forth below:

	 	 	 
	Fiscal Quarter	 	Fixed Charge Coverage Ratio
	December 31, 2005

	 	1.10 to 1.0
	March 31, 2006

	 	1.10 to 1.0

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	Fiscal Quarter	 	Fixed Charge Coverage Ratio
	June 30, 2006

	 	1.10 to 1.0
	September 30, 2006

	 	1.10 to 1.0
	December 31, 2006

	 	1.10 to 1.0
	March 31, 2007

	 	1.20 to 1.0
	June 30, 2007

	 	1.20 to 1.0
	September 30, 2007

	 	1.20 to 1.0
	December 31, 2007

	 	1.20 to 1.0
	March 31, 2008 and each fiscal
quarter thereafter

	 	1.25 to 1.0

     (c) Asset Coverage Ratio. If, as of the end of any fiscal quarter following the
Fourth Amendment Effective Date (i) the Total Leverage Ratio is greater than or equal to 3.25 to
1.0 and (ii) any Extension of Credit is outstanding, the Asset Coverage Ratio, as of the last day
of each such fiscal quarter of the Borrower set forth below, shall be greater than 1.0 to 1.0.

     Section 5.10 Additional Guarantors.

     The Credit Parties will cause each of their Material Domestic Subsidiaries, whether newly
formed, hereafter acquired or otherwise existing to promptly (and in any event within thirty (30)
days after such Material Domestic Subsidiary is formed or acquired or otherwise becomes a Material
Domestic Subsidiary (or such longer period of time as agreed to by the Administrative Agent in its
reasonable discretion)) become a Guarantor hereunder by way of execution of a Joinder Agreement.
At any time that the Release Conditions are not satisfied, the Credit Party Obligations shall be
secured by, among other things, a perfected security interest in substantially all the personal
property of such new Guarantor (excluding any type of property which is not Perfection Collateral
pursuant hereto or pursuant to the Security Documents entered into by the other Credit Parties) and
a pledge of 100% of the Capital Stock of such new Guarantor and its Domestic Subsidiaries and 65%
(or such higher percentage that would not result in material adverse tax consequences for the
Credit Parties) of the voting Capital Stock and 100% of the non-voting Capital Stock of each
Foreign Subsidiary directly owned by a Credit Party. In connection with the foregoing, the Credit
Parties shall deliver to the Administrative Agent, with respect to each new Guarantor to the extent
applicable, substantially the same documentation required pursuant to Sections 4.1(b)-(f) and 5.12
and such other documents or agreements as the Administrative Agent may reasonably request.

     Section 5.11 Compliance with Law.

     Comply with all laws, rules, regulations and orders, and all applicable restrictions imposed
by all Governmental Authorities, applicable to it and its Property if noncompliance with any such
law, rule, regulation, order or restriction could reasonably be expected to have, individually or
in the aggregate, a Material Adverse Effect.

     Section 5.12 Pledged Assets.

     At any time that the Release Conditions are not satisfied:

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     (a) Capital Stock. Cause 100% of the Capital Stock in each Domestic Subsidiary
directly owned by a Credit Party and 65% of the Capital Stock in each Foreign Subsidiary
directly owned by a Credit Party to be subject at all times to a
perfected Lien (with respect to the Capital Stock of such Foreign Subsidiaries, to the
extent perfection may be achieved under U.S. law) in favor of the Administrative Agent
pursuant to the terms and conditions of the Security Documents or such other security
documents as the Administrative Agent shall reasonably request.

     (b) Security, Instruments, Chattel Paper, Etc. If, subsequent to the Closing
Date, a Credit Party shall acquire any security, instrument, chattel paper or other personal
property in excess of $500,000 required for perfection to be delivered to the Administrative
Agent as Collateral hereunder or under any of the Security Documents, but excluding any
security or instrument issued by one Credit Party in favor of another Credit Party (each
such security or instrument, and each other intercompany security or instrument of a
principal amount of $500,000 or less, collectively being the “Excluded Intercompany
Instruments”), promptly (and in any event within three (3) Business Days) after any
Responsible Officer of a Credit Party acquires knowledge of same notify the Administrative
Agent of same.

     (c) Intercompany Notes. Each Credit Party, to the extent feasible without
incurring adverse tax consequences, (i) will cause each loan made by a Credit Party to a
Subsidiary that is not a Credit Party that has an outstanding principal balance in excess of
$1,000,000 to be evidenced by a promissory note, (ii) shall deliver such promissory note to
the Administrative Agent, together with an appropriate allonge or other endorsement
reasonably satisfactory to the Administrative Agent and (iii) shall execute such Security
Documents in connection with the pledge of such promissory notes as the Administrative Agent
may reasonably require.

     (d) Further Assurances. Take such action at its own expense as reasonably
requested by the Administrative Agent (including, without limitation, any of the actions
described in Section 4.1(d) or (e) hereof) to ensure that the Administrative Agent has a
perfected Lien to secure the Credit Party Obligations in (i) all personal property (other
than the Excluded Equipment, Excluded Intercompany Instruments and Capital Stock of Foreign
Subsidiaries) of the Credit Parties located in the United States, and (ii) to the extent the
value thereof is deemed to be material by the Administrative Agent or the Required Lenders
in its or their reasonable discretion, all other personal property (other than the Excluded
Equipment, Intellectual Property, Excluded Intercompany Instruments and Capital Stock of
Foreign Subsidiaries) of the Credit Parties (including, without limitation, deposit
accounts), subject in each case only to Permitted Liens.

     Section 5.13 Covenants Regarding Patents, Trademarks and Copyrights.

     (a) Notify the Administrative Agent promptly after a Responsible Officer of the Credit
Parties obtains actual knowledge thereof, that any application, letters patent or
registration relating to any Patent, Patent License, Trademark or Trademark License of the
Credit Parties or any of their Subsidiaries may become abandoned, or of any adverse
determination or development (including, without limitation, the institution of, or any

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such
determination or development in, any proceeding in the United States Patent and Trademark
Office or any court) regarding any Credit Party’s or any of its Subsidiary’s ownership of
any Patent or Trademark, its right to patent or register the same, or to
enforce, keep and maintain the same, or its rights under any Patent License or Trademark
License material to its business, if such abandonment, determination or development could
reasonably be expected to have a Material Adverse Effect.

     (b) Notify the Administrative Agent promptly after it knows of any adverse
determination or development (including, without limitation, the institution of, or any such
determination or development in, any proceeding in any court) regarding any Copyright or
Copyright License of the Credit Parties or any of their Subsidiaries, whether (i) such
Copyright or Copyright License may become invalid or unenforceable prior to its expiration
or termination, or (ii) any Credit Party’s or any of its Subsidiary’s ownership of such
Copyright, its right to register the same or to enforce, keep and maintain the same, or its
rights under such Copyright License, may become affected, if such determination or
development could reasonably be expected to have a Material Adverse Effect.

     (c) At any time that the Release Conditions are not satisfied, upon request of the
Administrative Agent, execute and deliver any and all agreements, instruments, documents,
and papers as the Administrative Agent may reasonably request to evidence the Administrative
Agent’s security interest in the US Intellectual Property of the Credit Parties, including,
without limitation, the goodwill of the Credit Parties relating thereto or represented
thereby.

     (d) Take all necessary actions, including, without limitation, in any proceeding before
the United States Patent and Trademark Office or the United States Copyright Office, to
maintain each item of Intellectual Property of the Credit Parties, including, without
limitation, payment of maintenance fees, filing of applications for renewal, affidavits of
use, affidavits of incontestability and opposition, interference and cancellation
proceedings, if the failure to take such actions could reasonably be expected to have a
Material Adverse Effect.

     (e) In the event that any Credit Party becomes aware that any Intellectual Property
material to its business is infringed, misappropriated or diluted by a third party in any
material respect, promptly sue for infringement, misappropriation or dilution and take other
similar actions unless, in their reasonable business judgment, the Credit Parties determine
that it is in the best interests of the Credit Parties not to do so, and notify the
Administrative Agent in the event it so elects to sue.

     Section 5.14 Further Assurances.

     At any time that the Release Conditions are not satisfied, upon the reasonable request of the
Administrative Agent, promptly perform or cause to be performed any and all acts and execute or
cause to be executed any and all documents for filing under the provisions of the Uniform
Commercial Code or any other Requirement of Law which are necessary or advisable to maintain in
favor of the Administrative Agent, for the benefit of the Secured Parties, Liens on

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the Collateral which, with respect to Perfection Collateral, are duly perfected in accordance with
the requirements of, or the obligations of the Credit Parties under, the Credit Documents and all
applicable Requirements of Law.

ARTICLE VI

NEGATIVE COVENANTS

     The Credit Parties hereby covenant and agree that on the Closing Date, and thereafter until
the Termination Date, that:

     Section 6.1 Indebtedness.

     The Credit Parties will not, nor will they permit any Subsidiary to, contract, create, incur,
assume or permit to exist any Indebtedness, except:

     (a) Indebtedness arising or existing under this Credit Agreement and the other Credit
Documents;

     (b) Indebtedness of the Credit Parties and their Subsidiaries existing as of the
Closing Date set forth on Schedule 6.1(b) hereto and renewals, refinancings or
extensions thereof in a principal amount not in excess of that outstanding as of the date of
such renewal, refinancing or extension;

     (c) Indebtedness of the Credit Parties and their Subsidiaries incurred after the
Closing Date consisting of Capital Leases or Indebtedness incurred to provide all or a
portion of the purchase price (or finance such purchase price within ninety (90) days of
acquisition) or cost of improvement or construction of an asset and renewals, refinancings
or extensions thereof; provided that (i) the principal amount of such Indebtedness
when incurred shall not exceed the purchase price or cost of construction of such asset;
(ii) no such Indebtedness shall be refinanced for a principal amount in excess of the
principal balance outstanding thereon at the time of such refinancing; and (iii) the total
principal amount of all such Indebtedness shall not exceed $5,000,000 at any time
outstanding;

     (d) Intercompany Indebtedness (in addition to such intercompany Indebtedness existing
as of the Second Amendment Effective Date and disclosed to the Administrative Agent on
Schedule 6.1(b)) (i) among the Credit Parties, (ii) among Subsidiaries of the Borrower that
are not Credit Parties, (iii) owing from a Credit Party to a Subsidiary of the Borrower that
is not a Credit Party or (iv) owing from a Subsidiary of the Borrower that is not a Credit
Party to a Credit Party; provided, that if, at the time any Indebtedness is incurred
pursuant to this clause (d)(iv), the Total Leverage Ratio is greater than or equal to 3.0 to
1.0 (to be tested on a pro forma basis (as of the last day of the most recently completed
fiscal quarter of the Borrower for which financial statements have been delivered in
accordance with the terms of Section 5.1)), the aggregate outstanding amount of all such
Indebtedness incurred pursuant to this clause (d)(iv),

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when combined (without duplication) with any outstanding Investments made pursuant to
clause (k)(ii) of the definition of Permitted Investments, shall not exceed 15% of
Consolidated Foreign and Domestic Assets determined as of the date such Indebtedness is
incurred; provided that, (1) upon the request of the Administrative Agent at any
time, any such Indebtedness in the preceding clause (iii) shall be fully subordinated to the
Credit Party Obligations hereunder on terms reasonably satisfactory to the Administrative
Agent and (2) any such Indebtedness in the preceding clause (iv) shall, to the extent
feasible without causing adverse tax consequences, be evidenced by “floating balance”
promissory notes not requiring notations having terms reasonably satisfactory to the
Administrative Agent, the sole originally executed counterparts of which shall be pledged
and delivered to the Administrative Agent, for the benefit of the Secured Parties, as
security for the Credit Party Obligations;

     (e) Indebtedness and obligations owing under Secured Hedging Agreements and other
Hedging Agreements entered into in order to manage existing or anticipated interest rate,
exchange rate or commodity price risks and not for speculative purposes;

     (f) Reserved;

     (g) Guaranty Obligations in respect of Indebtedness of a Credit Party to the extent
such Indebtedness is permitted to exist or be incurred pursuant to this Section 6.1;

     (h) Guaranty Obligations in respect of Indebtedness of the Subsidiaries of the Borrower
that are not Credit Parties in an aggregate principal amount not to exceed $50,000,000 at
any time outstanding, to the extent such Indebtedness is permitted to exist or be incurred
pursuant to this Section 6.1;

     (i) Indebtedness and obligations of the Borrower or any of its Subsidiaries owing under
trade letters of credit, performance letters of credit, documentary letters of credit or
similar instruments for the purchase or sale of goods or other merchandise (but not under
standby, direct pay or other letters of credit except for the Letters of Credit hereunder)
generally, in an amount not to exceed $5,000,000 at any time outstanding;

     (j) Indebtedness of the Borrower or any of its Subsidiaries, and renewals, refinancings
or extensions thereof, which entity (or the assets thereof) was acquired after the Closing
Date as a Permitted Acquisition and which Indebtedness was in existence at the time of
acquisition of such entity (or the assets thereof), and not incurred in contemplation of
such acquisition, so long as such Indebtedness is (i) non-recourse (except with respect to
such entity (or the assets thereof)), (ii) included in the total consideration for such
Permitted Acquisition, (iii) not secured by a blanket Lien on the assets of such Person
(except to the extent it is a Permitted Lien) and (iv) not refinanced for a principal amount
in excess of the principal balance outstanding thereon at the time of such acquisition;

     (k) Indebtedness arising or existing under the Subordinated Note Documents in an
aggregate principal amount not to exceed $600,000,000 at any time outstanding and renewals,
refinancings or extensions thereof in a principal amount not in excess of that

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outstanding as of the date of such renewal, refinancing or extension (plus the amount of
reasonable fees and expenses relating thereto) on terms substantially similar to the
Subordinated Note Documents, substantially no less favorable to the Borrower and no less
favorable to the Lenders;

     (l) Indebtedness resulting from endorsements of negotiable instruments received in the
ordinary course of business;

     (m) Indebtedness of Foreign Subsidiaries in an aggregate principal amount not to exceed
$50,000,000 at any time outstanding (not counting for the purposes of such limit
intercompany Indebtedness of such Foreign Subsidiaries permitted under Section 6.1(d)
hereof);

     (n) other Indebtedness which does not exceed a principal amount of $1,000,000 in the
aggregate at any time outstanding;

     (o) Reserved; and

     (p) The Credit Parties may incur additional unsecured Indebtedness on terms and
conditions reasonably satisfactory to the Administrative Agent in and/or Subordinated Debt
so long as (i) the Total Leverage Ratio, recalculated on a pro forma basis for the most
recently ended quarter for which information is available, shall be (A) during the period
from the Closing Date through and including December 31, 2006, less than 3.50 to 1.0 and (B)
on and after January 1, 2007, less than 3.25 to 1.0 and (ii) no Default or Event of Default
shall have occurred or be continuing at the time of incurrence thereof and after giving
effect thereto.

     Section 6.2 Liens.

     The Credit Parties will not, nor will they permit any Subsidiary to, contract, create, incur,
assume or permit to exist any Lien with respect to any of their respective property or assets of
any kind (whether real or personal, tangible or intangible), whether now owned or hereafter
acquired, except for Permitted Liens. Notwithstanding the foregoing, if a Credit Party shall grant
a Lien on any of its assets in violation of this Section 6.2, then it shall be deemed to have
simultaneously granted an equal and ratable Lien on any such assets in favor of the Administrative
Agent for the benefit of the Lenders.

     Section 6.3 Nature of Business.

     The Credit Parties will not, nor will they permit any Subsidiary to, alter the general
character of their business in any material respect on an aggregate basis from that conducted as of
the Closing Date; provided, however, that the foregoing restriction shall not
prohibit the Credit Parties from entering into lines of business vertically integrated with, and
reasonably related to, their existing lines of business as of the Closing Date.

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     Section 6.4 Consolidation, Merger, Sale or Purchase of Assets, etc.

     The Credit Parties will not, nor will they permit any Subsidiary to,

     (a) dissolve, liquidate or wind up its affairs, or sell, transfer, lease or otherwise
dispose of its property or assets or agree to do so at a future time prior to the Extended
Maturity Date, except the following, without duplication, shall be expressly permitted (as
well as agreements to do the following at a future time):

     (i) (A) the sale, transfer, lease or other disposition of inventory and
materials in the ordinary course of business, (B) the expenditure of cash and Cash
Equivalents in the ordinary course of business or in transactions permitted hereby
and (C) the conversion of cash into Cash Equivalents and Cash Equivalents into cash;

     (ii) the sale, transfer, lease or other disposition of property or assets to an
unrelated party not in the ordinary course of business where and to the extent they
are the result of theft, loss, physical destruction or damage, taking or similar
event;

     (iii) the sale, lease, transfer or other disposition of machinery, parts and
equipment no longer used or useful in the conduct of the business of the Credit
Parties or any of their Subsidiaries;

     (iv) the sale, lease or transfer of property or assets among (A) the Credit
Parties or (B) among Subsidiaries that are not Credit Parties;

     (v) (A) the dissolution, liquidation or winding up of any Subsidiary of the
Borrower that is not a Credit Party, or (B) the sale of all, substantially all or a
material portion of the assets of any Subsidiary of the Borrower that is not a
Credit Party pursuant to an asset sale or a series of related asset sales;

     (vi) the sale of all or substantially all of the Capital Stock of any
Subsidiary of the Borrower that is not a Credit Party;

     (vii) upon ten (10) Business Days notice to the Administrative Agent (or such
lesser time as the Administrative Agent may approve in its reasonable discretion),
the dissolution, liquidation or winding up of any Credit Party (other than the
Borrower); provided, that the assets of any such Credit Party shall be transferred
to another Credit Party;

     (viii) upon ten (10) Business Days notice to the Administrative Agent (or such
lesser time as the Administrative Agent may approve in its reasonable discretion),
the merger or consolidation of a Subsidiary of the Borrower with or into another
Subsidiary of the Borrower; provided that if either Subsidiary is a Credit Party,
the continuing or surviving Person shall be a Credit Party;

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     (ix) upon ten (10) Business Days notice to the Administrative Agent (or such
lesser time as the Administrative Agent may approve in its reasonable discretion),
the merger or consolidation of any Subsidiary of the Borrower into the Borrower;
provided that the Borrower shall be the continuing or surviving entity;

     (x) transactions permitted pursuant to Sections 6.1, 6.2 and 6.5 to the extent
not otherwise permitted pursuant to this Section 6.4(a);

     (xi) sale and leaseback transactions entered into on or after the Fourth
Amendment Effective Date with respect to real estate having a net book value not to
exceed $40,000,000 in the aggregate during the term of this Agreement;

     (xii) sales of Designated Real Estate, consummated on or after the Fourth
Amendment Effective Date, for fair market value in an aggregate amount not to exceed
$40,000,000 during the term of this Agreement (excluding sales of real property
occurring pursuant to asset sales otherwise permitted under this Section 6.4); and

     (xiii) other sales, leases, transfers or other dispositions of property or
assets not to exceed $10,000,000 in the aggregate during the term of this Agreement;

provided that (A) with respect to clauses (ii), (iii), (vi), (v)(B), (xi), (xii) and
(xiii) above, at least 75% of any consideration received therefor by the Credit Parties or
any such Subsidiary shall be in the form of cash or Cash Equivalents, (B) after giving
effect to any sale, lease or transfer of property or assets pursuant to clauses (v)(B),
(xi), (xii) and (xiii) above, the Credit Parties shall be in compliance on a Pro Forma
Basis with the financial covenants set forth in Section 5.9 hereof, recalculated for the
most recently ended quarter for which information is available, (C) with respect to clause
(iv) above, no Event of Default shall exist or shall result therefrom and (D) with respect
to clauses (v) and (vi) above, no Default or Event of Default shall exist or shall result
therefrom; provided, further, that with respect to sales, transfers or other
dispositions of assets permitted hereunder only, the Administrative Agent shall be entitled,
without the consent of the Required Lenders, to release its Liens relating to the particular
assets sold; or

     (b) (i) purchase, lease or otherwise acquire (in a single transaction or a series of
related transactions) the property or assets of any Person, other than (A) Permitted
Acquisitions and other Investments or acquisitions permitted pursuant to Section 6.5 and
(B) except to the extent limited or prohibited herein, purchases, leases and other
acquisitions of inventory, materials, tangible and intangible property, leases, licenses and
equipment useful in the operation of the business of the Borrower and its Subsidiaries in
the aggregate, or (ii) enter into any transaction of merger or consolidation, except for (A)
Permitted Acquisitions, (B) Investments or acquisitions permitted pursuant to Section 6.5
and (C) mergers or consolidations permitted pursuant to Sections 6.4(a)(vi), 6.4(a)(vii),
6.4(a)(viii) and 6.4(a)(ix); provided that if the Borrower is a party thereto, the
Borrower will be the surviving corporation.

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     Section 6.5 Advances, Investments and Loans.

     The Credit Parties will not, nor will they permit any Subsidiary to, make any Investment
except for Permitted Investments.

     Section 6.6 Transactions with Affiliates.

     The Credit Parties will not, nor will they permit any Subsidiary to, enter into any
transaction or series of transactions involving $1,000,000 or more in the aggregate, whether or not
in the ordinary course of business, with any officer, director, shareholder or Affiliate of any
such Person other than (i) on terms and conditions substantially as favorable to the Credit Parties
and their Subsidiaries as would be obtainable in a comparable arm’s-length transaction with a
Person other than an officer, director, shareholder or Affiliate, (ii) transactions among the
Credit Parties, (iii) transactions among the Credit Parties and their Subsidiaries contemplated by,
or provided for by, the terms of this Agreement either generally or specifically or (iv) the
transactions listed on Schedule 6.6.

     Section 6.7 Ownership of Subsidiaries; Restrictions.

     The Credit Parties will not sell, transfer, pledge or otherwise dispose of any Capital Stock
or other equity interests in any of their Subsidiaries, nor will they permit any of their
Subsidiaries to issue, sell, transfer, pledge or otherwise dispose of any of their Capital Stock or
other equity interests, except in a transaction permitted by Section 6.4.

     Section 6.8 Corporate Changes; Material Contracts.

     No Credit Party will, nor will it permit any of its Subsidiaries to, (a) change its fiscal
year, (b) amend, modify or change its articles of incorporation, certificate of designation (or
corporate charter or other similar organizational document) or bylaws (or other similar document)
in any respect materially adverse to the interests of the Lenders without the prior written consent
of the Required Lenders, (c) amend, modify, cancel or terminate or fail to renew or extend or
permit the amendment, modification, cancellation or termination of any of its Material Contracts
(other than the Subordinated Note Documents) in any respect materially adverse to the interests of
the Lenders without the prior written consent of the Required Lenders, (d) change its state of
incorporation, organization or formation or have more than one state of incorporation, organization
or formation or (e) materially change its accounting method (except in accordance with GAAP) in any
manner materially adverse to the interests of the Lenders without the prior written consent of the
Required Lenders.

     Section 6.9 Limitation on Restricted Actions.

     The
Credit Parties will not, nor will they permit any Subsidiary to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or
restriction on the ability of any such Person to (a) pay dividends or make any other distributions
to any Credit Party on its Capital Stock or with respect to any other interest or participation in,
or measured by, its profits, (b) pay any Indebtedness or other obligation owed to any Credit Party,

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(c) make loans or advances to any Credit Party, (d) sell, lease or transfer any material portion of
its properties or assets to any Credit Party, or (e) if a Domestic Subsidiary, act as a Guarantor
pursuant to the Credit Documents or any renewals, refinancings, exchanges, refundings or extension
thereof, except (in respect of any of the matters referred to in clauses (a) — (d) above) for such
encumbrances or restrictions existing under or by reason of (i) this Credit Agreement and the other
Credit Documents, (ii) applicable law, (iii) the Subordinated Note Documents and the documents for
all other publicly held or privately placed Indebtedness incurred in accordance with Section
6.1(p), (iv) any document or instrument governing Indebtedness incurred pursuant to Section 6.1(c)
or 6.1(m); provided that any such restriction contained therein relates only to the asset or assets
constructed or acquired in connection therewith, (v) any Permitted Lien or any document or
instrument governing any Permitted Lien; provided that any such restriction contained therein
relates only to the asset or assets subject to such Permitted Lien, (vi) customary nonassignment
provisions in any lease governing a leasehold interest or in any contract which is not a Material
Contract, (vii) agreements with respect to Foreign Subsidiaries so long as any liability thereunder
is non-recourse to the Credit Parties, (viii) agreements with respect to joint ventures so long as
any liability thereunder is non-recourse to the Credit Parties except to the extent of such
Person’s ownership interest in the joint venture, (ix) customary restrictions contained in
agreements relating to the sale of a Subsidiary of the Borrower (or all or substantially all of the
assets thereof) pending such sale, so long as such restrictions and conditions apply only to such
Subsidiary and such sale is permitted hereunder or (x) restrictions imposed by any agreement
relating to secured Indebtedness permitted by this Credit Agreement if such restrictions apply only
to the property or assets securing such Indebtedness.

     Section 6.10 Restricted Payments.

     The Credit Parties will not, nor will they permit any Subsidiary to, directly or indirectly,
declare, order, make or set apart any sum for or pay any Restricted Payment, except (a) to make
dividends payable solely in the same class of Capital Stock of such Person, (b) to make dividends
or other distributions payable to any Credit Party or any wholly-owned Subsidiary of any Credit
Party (directly or indirectly through their Subsidiaries), (c) to pay regularly scheduled principal
and interest payments in respect of the Existing Senior Subordinated Notes, other Subordinated Debt
and other publicly held or privately placed Indebtedness incurred in accordance with Section
6.1(p), (d) to acquire shares upon the conversion of such shares into shares of another class of
its Capital Stock, (e) to pay dividends in accordance with the Borrower’s historical dividend
policy which shall be in an annual amount not to exceed $12,000,000; provided, that (i) at
the time such dividend is declared, (i) no Event of Default shall have occurred and be continuing
under Section 7.1(a), (ii) no default shall exist under any Material Contract (including, without
limitation, the Subordinated Note Documents) as a result of the failure to make any payment
required thereunder, and (iii) the Borrower shall have demonstrated to the reasonable satisfaction
of the Administrative Agent that it will be in compliance with Section 5.9 after giving effect to
the payment of such dividend on a pro forma basis and (f) provided that (i) no Default or Event of
Default has occurred and is continuing or would result therefrom and (ii) after giving effect
thereto on a Pro Forma Basis there is at least $75,000,000 in Minimum Liquidity, to pay dividends
(other than those paid in accordance with the Borrower’s historical dividend policy which are
permitted as provided in (e) above) and repurchase Capital Stock in an aggregate amount not to
exceed (A) $150,000,000 during any fiscal year and (B) $200,000,000 in the aggregate during the
term of this Agreement.

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     Section 6.11 Amendment of Subordinated Debt.

     The Credit Parties will not, nor will it permit any Subsidiary to, without the prior written
consent of the Required Lenders, (a) amend, modify, waive or extend or permit the amendment,
modification, waiver or extension of any term of any document governing or relating to any
Subordinated Debt if such amendment or modification would add or change any terms in a manner
materially adverse to the Borrower or the Lenders, or shorten the final maturity or average life to
maturity or require any payment to be made sooner than originally scheduled or increase the
interest rate applicable thereto or if such amendment or modification is otherwise materially
adverse to the interests of the Borrower or the Lenders, or (b) effect or permit any change in or
amendment to any document or instrument pertaining to (i) the subordination, terms of payment or
required prepayments of any Subordinated Debt or (ii) to the covenants or events of default of any
Subordinated Debt if the effect of any such change or amendment is to make such covenants or events
of default materially more restrictive.

     Section 6.12 No Further Negative Pledges.

     The Credit Parties will not, nor will they permit any Domestic Subsidiary to, enter into,
assume or become subject to any agreement prohibiting or otherwise restricting the creation or
assumption of any Lien (including the requirement for an equal and ratable Lien) upon any of their
properties or assets, whether now owned or hereafter acquired, except (a) pursuant to this Credit
Agreement and the other Credit Documents (b) pursuant to any document or instrument governing
Indebtedness incurred pursuant to Section 6.1(c); provided that any such restriction contained
therein relates only to the asset or assets constructed or acquired in connection therewith, (c) so
long as the Liens granted pursuant to the Security Documents are not prohibited thereby,
(i) customary anti-assignment provisions contained in leases and licensing agreements entered into
in the ordinary course of business or contained in any contract not a Material Contract,
(ii) restrictions imposed by law, (iii) customary restrictions contained in agreements relating to
the sale of a Subsidiary of the Borrower (or all or substantially all of the assets thereof)
pending such sale, so long as such restrictions and conditions apply only to such Subsidiary and
such sale is permitted hereunder, (iv) restrictions imposed by any agreement relating to secured
Indebtedness permitted by this Credit Agreement if such restrictions apply only to the property or
assets securing such Indebtedness, (v) agreements with respect to Foreign Subsidiaries so long as
any liability thereunder is non-recourse to any Credit Party, (vi) agreements with respect to joint
ventures so long as any liability thereunder is non-recourse to the Credit Parties except to the
extent of such Person’s ownership interest in the joint venture, and (vii) pursuant to the
Subordinated Note Documents and the documents for all other publicly held or privately placed
Indebtedness incurred in accordance with Section 6.1(p).

     Section 6.13 Consolidated Capital Expenditures.

     Each of the Credit Parties will not, nor will it permit any of its Subsidiaries to, incur
Consolidated Capital Expenditures during any fiscal year of the Borrower unless at the time of the
incurrence thereof and after giving effect thereto no Event of Default shall have occurred or be
continuing.

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     Section 6.14 Operating Leases.

     Each of the Credit Parties will not, nor will it permit any of its Subsidiaries to, enter
into, assume or permit to exist any obligations for the payment of rent under Operating Leases
which in the aggregate for all such Persons would exceed $30,000,000 in any fiscal year of the
Borrower.

ARTICLE VII

EVENTS OF DEFAULT

     Section 7.1 Events of Default.

     An Event of Default shall exist upon the occurrence of any of the following specified events
(each an “Event of Default”):

     (a) Payment. (i) The Borrower shall fail to pay any principal on any Loan when
due in accordance with the terms hereof; or (ii) the Borrower shall fail to reimburse the
Issuing Lender for any Reimbursement Obligations when due in accordance with the terms
hereof; or (iii) the Borrower shall fail to pay any interest on any Loan or any fee or other
amount payable hereunder when due in accordance with the terms hereof and such failure shall
continue unremedied for three (3) Business Days; or (iv) or any Guarantor shall fail to pay
on the Guaranty in respect of any of the foregoing; or

     (b) Misrepresentation. Any representation or warranty made or deemed made by
or on behalf of a Credit Party herein, in the Security Documents or in any of the other
Credit Documents shall (i) with respect to representations and warranties that contain a
materiality qualification, prove to have been incorrect, false or misleading and (ii) with
respect to representations and warranties that do not contain a materiality qualification,
prove to have been incorrect, false or misleading in any material respect, in each case on
or as of the date made or deemed made; or

     (c) Covenant Default. (i) Any Credit Party shall fail to perform, comply with
or observe any term, covenant or agreement applicable to it contained in Sections 5.1, 5.2,
5.4, 5.7(a), 5.9, 5.11, or Article VI hereof; or (ii) any Credit Party shall fail to comply
with any other covenant contained in this Credit Agreement or the other Credit Documents
(other than as described in Sections 7.1(a) or 7.1(c)(i) above), and such breach or failure
to comply is not cured within thirty (30) days after the earlier of the date (1) the
Administrative Agent has delivered written notice of such failure to the Borrower (in the
case of the failure to deliver any item required to be delivered hereunder), or (2) any
Responsible Officer of the Borrower obtains actual knowledge of such breach or failure to
comply; or

     (d) Debt Cross-Default. (i) Any Credit Party shall default in any payment of
principal of or interest on any Indebtedness (other than the Credit Party Obligations) in a
principal amount outstanding of at least $3,000,000 for the Borrower and any of its
Subsidiaries in the aggregate, and said default continues beyond any applicable grace

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period (not to exceed 30 days), if any, provided in the instrument or agreement under which
such Indebtedness was created; (ii) any Credit Party shall default in the observance or
performance of any other agreement or condition relating to any Indebtedness (other than the
Credit Party Obligations) in a principal amount outstanding of at least $3,000,000 in the
aggregate for the Credit Parties and their Subsidiaries or contained in any instrument or
agreement evidencing, securing or relating to such Indebtedness, or any other event shall
occur or condition exist, the effect of which default or other event or condition is to
cause, or to permit the holder or holders of such Indebtedness or beneficiary or
beneficiaries of such Indebtedness (or a trustee or agent on behalf of such holder or
holders or beneficiary or beneficiaries) to cause such Indebtedness to become due prior to
its stated maturity; or (iii) any Credit Party shall breach or default any Secured Hedging
Agreement; or

     (e) Other Cross-Defaults. The Credit Parties or any of their Subsidiaries
shall default in (i) the payment of any material amount when due under any Material Contract
(other than the Subordinated Note Documents) or (ii) in the performance or observance, of
any obligation or condition of any Material Contract (other than the Subordinated Note
Documents) and such failure to perform or observe such other obligation or condition
continues unremedied for a period of thirty (30) days after notice of the occurrence of such
default unless, but only as long as, the existence of any such default is being contested by
the Credit Parties in good faith by appropriate proceedings and adequate reserves in respect
thereof have been established on the books of the Credit Parties to the extent required by
GAAP; or

     (f) Bankruptcy Default. (i) A Credit Party or any of its Subsidiaries shall
commence any case, proceeding or other action (A) under any existing or future law of any
jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization or
relief of debtors, seeking to have an order for relief entered with respect to it, or
seeking to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement,
adjustment, winding-up, liquidation, dissolution, composition or other relief with respect
to it or its debts, or (B) seeking appointment of a receiver, trustee, custodian,
conservator or other similar official for it or for all or any substantial part of its
assets, or a Credit Party or any of its Subsidiaries shall make a general assignment for the
benefit of its creditors; or (ii) there shall be commenced against a Credit Party or any of
its Subsidiaries any case, proceeding or other action of a nature referred to in clause (i)
above which (A) results in the entry of an order for relief or any such adjudication or
appointment or (B) remains undismissed, undischarged or unbonded for a period of sixty (60)
days; or (iii) there shall be commenced against a Credit Party or any of its Subsidiaries
any case, proceeding or other action seeking issuance of a warrant of attachment, execution,
distraint or similar process against all or any substantial part of their assets which
results in the entry of an order for any such relief which shall not have been vacated,
discharged, or stayed or bonded pending appeal within sixty (60) days from the entry
thereof; or (iv) a Credit Party or any of its Subsidiaries shall take any action indicating
its consent to, approval of, or acquiescence in, any of the acts set forth in clause (i),
(ii), or (iii) above; or (v) a Credit Party or any of its Subsidiaries shall generally not,
or shall be unable to, or shall admit in writing their inability to, pay its debts as they
become due; or

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     (g) Judgment Default. One or more judgments or decrees of any court or other
judicial body for the payment of money shall be entered against a Credit Party or any of its
Subsidiaries involving in the aggregate a liability (to the extent not covered by insurance)
of $3,000,000 or more and all such judgments or decrees shall not have been paid and
satisfied, vacated, discharged, stayed or bonded pending appeal within thirty (30) days from
the entry thereof or any injunction, temporary restraining order or similar decree shall be
issued against a Credit Party or any of its Subsidiaries that, individually or in the
aggregate, could result in a Material Adverse Effect; or

     (h) ERISA Default. (i) Any Person shall engage in any non-exempt “prohibited
transaction” (as defined in Section 406 of ERISA or Section 4975 of the Code) involving any
Plan and the aggregate excise tax liability and liability for the correction of such
transaction would reasonably be expected to exceed $3,000,000, (ii) any “accumulated funding
deficiency” (as defined in Section 302 of ERISA), whether or not waived, shall exist with
respect to any Plan or any Lien in favor of the PBGC or a Plan (other than a Permitted Lien)
shall arise on the assets of the Credit Parties or any Commonly Controlled Entity, (iii) a
Reportable Event shall occur with respect to, or proceedings shall commence to have a
trustee appointed, or a trustee shall be appointed, to administer or to terminate, any
Single Employer Plan, which Reportable Event or commencement of proceedings or appointment
of a trustee is, in the reasonable opinion of the Required Lenders, likely to result in the
termination of such Plan for purposes of Title IV of ERISA, (iv) any Single Employer Plan
shall terminate for purposes of Title IV of ERISA, (v) a Credit Party, any of its
Subsidiaries or any Commonly Controlled Entity shall, or in the reasonable opinion of the
Required Lenders is likely to, incur any liability in connection with a withdrawal from, or
the Insolvency or Reorganization of, any Multiemployer Plan or (vi) any other similar event
or condition shall occur or exist with respect to a Plan, provided, however, that
an event described in clauses (ii) through (vi) of this Section 6.01(g) shall only be an
Event of Default if it would reasonably be expected to result in an unfunded vested
liability under a Plan that is $3,000,000 or more; or

     (i) Change of Control. There shall occur a Change of Control; or

     (j) Invalidity of Guaranty. The Guaranty, for any reason other than the
satisfaction in full of all Credit Party Obligations, shall cease to be in full force and
effect (other than in accordance with its terms) or shall be declared to be null and void,
or any Credit Party shall contest the validity or enforceability of the Guaranty or any
Credit Document or deny that it has any further liability, including with respect to future
advances by the Lenders, under any Credit Document to which it is a party; or

     (k) Invalidity of Credit Documents. Any other Credit Document shall fail to be
in full force and effect in any material respect or to give the Administrative Agent and/or
the Lenders the Liens and other material rights, powers and privileges purported to be
created thereby (except as such documents may be terminated or no longer in force and effect
in accordance with the terms thereof, other than those indemnities and provisions which by
their terms shall survive) or any Lien shall fail to be a perfected Lien

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(subject to Permitted Liens and subject to the effect of the laws of any foreign
jurisdiction in which any Collateral is located) on any material portion of the Perfection
Collateral or any Credit Party shall contest the enforceability of any Credit Document or
any Lien created thereby; or

     (l) Hedging Agreement. Any termination payment shall be due by a Credit Party
under any Hedging Agreement and such amount is not paid within the later to occur of five
(5) Business Days after the due date thereof or the expiration of grace periods, if any, in
such Hedging Agreement; or

     (m) Subordinated Debt. The subordination provisions contained in any
Subordinated Debt shall cease to be in full force and effect or to give the Lenders the
rights, powers and privileges purported to be created thereby; or

     (n) Uninsured Loss. Any uninsured damage to or loss, theft or destruction of
any assets of the Credit Parties or any of their Subsidiaries shall occur that is in excess
of $3,000,000.

     Section 7.2 Acceleration; Remedies.

     Upon the occurrence and during the continuance of an Event of Default, then, and in any such
event, (a) if such event is an Event of Default specified in Section 7.1(e) above, automatically
the Commitments shall immediately terminate and the Loans (with accrued interest thereon), and all
other amounts under the Credit Documents (including without limitation the maximum amount of all
contingent liabilities under Letters of Credit) shall immediately become due and payable, and
(b) if such event is any other Event of Default, any or all of the following actions may be taken:
(i) with the written consent of the Required Lenders, the Administrative Agent may, or upon the
written request of the Required Lenders, the Administrative Agent shall, declare the Commitments to
be terminated forthwith, whereupon the Commitments shall immediately terminate; (ii) the
Administrative Agent may, or upon the written request of the Required Lenders, the Administrative
Agent shall, declare the Loans (with accrued interest thereon) and all other amounts owing under
this Credit Agreement and the Notes to be due and payable forthwith and direct the Borrower to pay
to the Administrative Agent cash collateral as security for the LOC Obligations for subsequent
drawings under then outstanding Letters of Credit an amount equal to the maximum amount of which
may be drawn under Letters of Credit then outstanding, whereupon the same shall immediately become
due and payable; and/or (iii) with the written consent of the Required Lenders, the Administrative
Agent may, or upon the written request of the Required Lenders, the Administrative Agent shall,
exercise such other rights and remedies as provided under the Credit Documents and under applicable
law.

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ARTICLE VIII

THE ADMINISTRATIVE AGENT

     Section 8.1 Appointment.

     Each Lender hereby irrevocably designates and appoints Wachovia as the Administrative Agent of
such Lender under this Credit Agreement, and each such Lender irrevocably authorizes Wachovia, as
the Administrative Agent for such Lender, to take such action on its behalf under the provisions of
this Credit Agreement and to exercise such powers and perform such duties as are expressly
delegated to the Administrative Agent by the terms of this Credit Agreement, together with such
other powers as are reasonably incidental thereto. Each Lender acknowledges that the Credit
Parties may rely on each action taken by the Administrative Agent on behalf of the Lenders
hereunder. Notwithstanding any provision to the contrary elsewhere in this Credit Agreement, the
Administrative Agent shall not have any duties or responsibilities, except those expressly set
forth herein, or any fiduciary relationship with any Lender, and no implied covenants, functions,
responsibilities, duties, obligations or liabilities shall be read into this Credit Agreement or
otherwise exist against the Administrative Agent.

     Section 8.2 Delegation of Duties.

     The Administrative Agent may execute any of its duties under this Credit Agreement by or
through agents or attorneys-in-fact and shall be entitled to advice of counsel concerning all
matters pertaining to such duties. The Administrative Agent shall not be responsible for the
negligence or misconduct of any agents or attorneys-in-fact selected by it with reasonable care.
Without limiting the foregoing, the Administrative Agent may appoint one of its affiliates as its
agent to perform the functions of the Administrative Agent hereunder relating to the advancing of
funds to the Borrower and distribution of funds to the Lenders and to perform such other related
functions of the Administrative Agent hereunder as are reasonably incidental to such functions.

     Section 8.3 Exculpatory Provisions.

     Neither the Administrative Agent nor any of its officers, directors, employees, agents,
attorneys-in-fact, Subsidiaries or affiliates shall be (a) liable to any Lender for any action
lawfully taken or omitted to be taken by it or such Person under or in connection with this Credit
Agreement (except for its or such Person’s own gross negligence or willful misconduct) or
(b) responsible in any manner to any of the Lenders for any recitals, statements, representations
or warranties made by any Credit Party or any officer thereof contained in this Credit Agreement or
in any certificate, report, statement or other document referred to or provided for in, or received
by the Administrative Agent under or in connection with, this Credit Agreement or for the value,
validity, effectiveness, genuineness, enforceability or sufficiency of any of the Credit Documents
or for any failure of any Credit Party to perform its obligations hereunder or thereunder. The
Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as
to the observance or performance by any Credit Party of any of the agreements contained in, or
conditions of, this Credit Agreement, or to inspect the properties, books or records of any Credit
Party.

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     Section 8.4 Reliance by Administrative Agent.

     (a) The Administrative Agent shall be entitled to rely, and shall be fully protected in
relying, upon any note, writing, resolution, notice, consent, certificate, affidavit,
letter, cablegram, telegram, telecopy, telex or teletype message, statement, order or other
document or conversation believed by it in good faith to be genuine and correct and to have
been signed, sent or made by the proper Person or Persons and upon advice and statements of
legal counsel (including, without limitation, counsel to the Credit Parties), independent
accountants and other experts selected by the Administrative Agent. The Administrative
Agent may deem and treat the payee of any Note as the owner thereof for all purposes unless
an executed Commitment Transfer Supplement has been filed with the Administrative Agent
pursuant to Section 9.6(c) with respect to the Loans evidenced by such Note. The
Administrative Agent shall be fully justified in failing or refusing to take any action
under this Credit Agreement unless it shall first receive such advice or concurrence of the
Required Lenders as it deems appropriate or it shall first be indemnified to its
satisfaction by the Lenders against any and all liability and expense which may be incurred
by it by reason of taking or continuing to take any such action. The Administrative Agent
shall in all cases be fully protected in acting, or in refraining from acting, under any of
the Credit Documents in accordance with a request of the Required Lenders or all of the
Lenders, as may be required under this Credit Agreement, and such request and any action
taken or failure to act pursuant thereto shall be binding upon all the Lenders and all
future holders of the Notes.

     (b) For purposes of determining compliance with the conditions specified in
Section 4.1, each Lender that has signed this Credit Agreement shall be deemed to have
consented to, approved or accepted or to be satisfied with, each document or other matter
required thereunder to be consented to or approved by or acceptable or satisfactory to a
Lender.

     Section 8.5 Notice of Default.

     The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of
any Default or Event of Default hereunder unless the Administrative Agent has received notice from
a Lender or the Borrower referring to this Credit Agreement, describing such Default or Event of
Default and stating that such notice is a “notice of default”. In the event that the
Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice
thereof to the Lenders. The Administrative Agent shall take such action with respect to such
Default or Event of Default as shall be reasonably directed by the Required Lenders;
provided, however, that unless and until the Administrative Agent shall have
received such directions, the Administrative Agent may (but shall not be obligated to) take such
action, or refrain from taking such action, with respect to such Default or Event of Default as it
shall deem advisable in the best interests of the Lenders except to the extent that this Credit
Agreement expressly requires that such action be taken, or not taken, only with the consent or upon
the authorization of the Required Lenders, or all of the Lenders, as the case may be.

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     Section 8.6 Non-Reliance on Administrative Agent and Other Lenders.

     Each Lender expressly acknowledges that neither the Administrative Agent nor any of its
officers, directors, employees, agents, attorneys-in-fact or affiliates has made any representation
or warranty to it and that no act by the Administrative Agent hereinafter taken, including any
review of the affairs of any Credit Party, shall be deemed to constitute any representation or
warranty by the Administrative Agent to any Lender. Each Lender represents to the Administrative
Agent that it has, independently and without reliance upon the Administrative Agent or any other
Lender, and based on such documents and information as it has deemed appropriate, made its own
appraisal of and investigation into the business, operations, property, financial and other
condition and creditworthiness of the Borrower or any other Credit Party and made its own decision
to make its Loans hereunder and enter into this Credit Agreement. Each Lender also represents that
it will, independently and without reliance upon the Administrative Agent or any other Lender, and
based on such documents and information as it shall deem appropriate at the time, continue to make
its own credit analysis, appraisals and decisions in taking or not taking action under this Credit
Agreement, and to make such investigation as it deems necessary to inform itself as to the
business, operations, property, financial and other condition and creditworthiness of the Borrower
and the other Credit Parties. Except for notices, reports and other documents expressly required
to be furnished to the Lenders by the Administrative Agent hereunder, the Administrative Agent
shall not have any duty or responsibility to provide any Lender with any credit or other
information concerning the business, operations, property, condition (financial or otherwise),
prospects or creditworthiness of the Borrower or any other Credit Party which may come into the
possession of the Administrative Agent or any of its officers, directors, employees, agents,
attorneys-in-fact or affiliates.

     Section 8.7 Indemnification.

     The Lenders agree to indemnify the Administrative Agent, the Issuing Lender and their
Affiliates and their respective officers, directors, agents and employees (to the extent not
reimbursed by the Borrower and without limiting any obligation of the Borrower to do so), ratably
according to their respective Revolving Commitment Percentages in effect on the date on which
indemnification is sought under this Section, from and against any and all liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements of any kind whatsoever which may at any time (including, without limitation, at any
time following the payment of the Credit Party Obligations) be imposed on, incurred by or asserted
against any such indemnitee in any way relating to or arising out of any Credit Document or any
documents contemplated by or referred to herein or therein or the transactions contemplated hereby
or thereby or any action taken or omitted by any such indemnitee under or in connection with any of
the foregoing; provided, however, that no Lender shall be liable for the payment of
any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments,
suits, costs, expenses or disbursements to the extent resulting from such indemnitee’s gross
negligence or willful misconduct, as determined by a court of competent jurisdiction. The
agreements in this Section 8.7 shall survive the termination of this Credit Agreement and payment
of the Notes and all other amounts payable hereunder.

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     Section 8.8 Administrative Agent in Its Individual Capacity.

     The Administrative Agent and its affiliates may make loans to, accept deposits from and
generally engage in any kind of business with the Borrower as though the Administrative Agent were
not the Administrative Agent hereunder. With respect to its Loans made or renewed by it and any
Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit
Agreement as any Lender and may exercise the same as though it were not the Administrative Agent,
and the terms “Lender” and “Lenders” shall include the Administrative Agent in its individual
capacity.

     Section 8.9 Successor Administrative Agent.

     The Administrative Agent may resign as Administrative Agent upon 30 days’ prior notice to the
Borrower and the Lenders. If the Administrative Agent shall resign as Administrative Agent under
this Credit Agreement and the Notes or if the Administrative Agent enters or becomes subject to
receivership, then the Required Lenders shall appoint from among the Lenders a successor agent for
the Lenders, which successor agent shall be approved by the Borrower with such approval not to be
unreasonably withheld (provided, however if an Event of Default shall exist at such time, no
approval of the Borrower shall be required hereunder), whereupon such successor agent shall succeed
to the rights, powers and duties of the Administrative Agent, and the term “Administrative Agent”
shall mean such successor agent effective upon such appointment and approval, and the former
Administrative Agent’s rights, powers and duties as Administrative Agent shall be terminated,
without any other or further act or deed on the part of such former Administrative Agent or any of
the parties to this Credit Agreement or any holders of the Notes. After any retiring
Administrative Agent’s resignation as Administrative Agent, the provisions of this Section 8.9
shall inure to its benefit as to any actions taken or omitted to be taken by it while it was
Administrative Agent under this Credit Agreement.

     Section 8.10 Nature of Duties.

     Except as otherwise expressly stated herein, any agent (other than the Administrative Agent)
or arranger listed from time to time on the cover page of this Credit Agreement shall have no
obligations, responsibilities or duties under this Credit Agreement or under any other Credit
Document other than obligations, responsibilities and duties applicable to all Lenders in their
capacity as Lenders; provided, however, that such agents and arranger shall be entitled to the same
rights, protections, exculpations and indemnifications granted to the Administrative Agent under
this Article VIII in their capacity as an agent or arranger.

     Section 8.11 Releases.

     Each of the Lenders hereby authorizes the Administrative Agent to, and the Administrative
Agent will, upon written request of the Borrower, promptly (a) release the Lien on any Collateral
that is sold, transferred or otherwise disposed of to any Person (other than a Credit Party) in a
transaction permitted under the terms of this Agreement or approved by the Required Lenders or (if
required under clauses (iv) or (v) of the proviso to Section 9.1) all the Lenders, (b) release all
Liens arising under the Security Documents on all of the Collateral, if requested by the Borrower,
upon the Borrower obtaining the Release Rating, (c) release any

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Guarantor from the Guaranty if all of the Capital Stock of such Guarantor is sold, transferred or
otherwise disposed of, or such Guarantor is merged with or consolidated into, any Person other than
a Credit Party in a transaction permitted under the terms of this Agreement or approved by the
Required Lenders or (if required under clauses (iv) or (v) of the proviso to Section 9.1) all the
Lenders, and (d) execute, deliver or file any UCC termination statements or other release documents
as may be reasonably requested by any Credit Party to evidence or give effect to any of the
foregoing releases, all such releases and filings to be in form and substance reasonably
satisfactory to the Administrative Agent.

     Section 8.12 Syndication Agent and Documentation Agent.

     The terms “Syndication Agent” and “Documentation Agent” shall not confer any rights, powers,
duties, liabilities, fiduciary relationships or obligations under this Credit Agreement or any of
the other documents related hereto except as specifically set forth herein.

ARTICLE IX

MISCELLANEOUS

     Section 9.1 Amendments, Waivers and Release of Collateral.

     Neither this Credit Agreement nor any of the other Credit Documents, nor any terms hereof or
thereof may be amended, supplemented, waived or modified (by amendment, waiver, consent or
otherwise) except in accordance with the provisions of this Section nor may Collateral be released
except as specifically provided herein or in the Security Documents or in accordance with the
provisions of this Section 9.1. The Required Lenders may or, with the written consent of the
Required Lenders, the Administrative Agent may, from time to time, (a) enter into with the Borrower
written amendments, supplements or modifications hereto and to the other Credit Documents for the
purpose of adding any provisions to this Credit Agreement or the other Credit Documents or changing
in any manner the rights of the Lenders or of the Borrower hereunder or thereunder or (b) waive or
consent to the departure from, on such terms and conditions as the Required Lenders may specify in
such instrument, any of the requirements of this Credit Agreement or the other Credit Documents or
any Default or Event of Default and its consequences; provided, however, that no
such amendment, supplement, modification, release, waiver or consent shall:

     (i) reduce the amount or extend the scheduled date of maturity of any Loan or
Note or any installment thereon or any reimbursement obligation under any Letter of
Credit, or reduce the stated rate of any interest or fee payable hereunder (except
in connection with a waiver of interest at the increased post-default rate set forth
in Section 2.9 which shall be determined by a vote of the Required Lenders) or
extend the scheduled date of any payment thereof or increase the amount or extend
the expiration date of any Lender’s Commitment, in each case without the written
consent of each Lender directly affected thereby; provided that, it is
understood and agreed that any reduction in the stated rate of

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interest on Revolving Loans shall only require the written consent of each Lender
holding a Revolving Commitment or any Revolving Loan; or

     (ii) amend, modify or waive any provision of this Section 9.1 or reduce the
percentage specified in the definition of Required Lenders, without the written
consent of all the Lenders; or

     (iii) amend, modify or waive any provision of Article VIII without the written
consent of the then Administrative Agent; or

     (iv) release the Borrower or all or substantially all of the Guarantors from
their obligations under the Guaranty, without the written consent of all of the
Lenders and Hedging Agreement Providers; or

     (v) release all or substantially all of the Collateral without the written
consent of all of the Lenders and Hedging Agreement Providers (except upon the
Borrower obtaining the Release Rating); or

     (vi) subordinate the Loans or any Liens under the Security Documents to any
other Indebtedness or Liens without the written consent of all of the Lenders; or

     (vii) permit a Letter of Credit to have an original expiry date more than
twelve (12) months from the date of issuance without the consent of each of the
Revolving Lenders; provided, that the expiry date of any Letter of Credit
may be extended in accordance with the terms of Section 2.3(a); or

     (viii) permit the Borrower to assign or transfer any of its rights or
obligations under this Credit Agreement or other Credit Documents without the
written consent of all of the Lenders; or

     (ix) amend, modify or waive any provision of the Credit Documents requiring
consent, approval or request of the Required Lenders or all Lenders without the
written consent of the Required Lenders or all the Lenders as appropriate; or

     (x) amend, modify or waive Section 2.12 without the written consent of each
Lender and each Hedging Agreement Provider directly affected thereby; or

     (xi) amend the definitions of “Hedging Agreement,” “Secured Hedging Agreement,”
or “Hedging Agreement Provider” without the consent of any Hedging Agreement
Provider that would be adversely affected thereby.

provided, further, that no amendment, waiver or consent affecting the rights or
duties of the Administrative Agent, the Issuing Lender or the Swingline Lender under any Credit
Document shall in any event be effective, unless in writing and signed by the Administrative Agent,
the

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Issuing Lender and/or the Swingline Lender, as applicable, in addition to the Lenders required
hereinabove to take such action.

     Any such waiver, any amendment, supplement or modification referred to in this Section 9.1 and
any such release shall apply equally to each of the Lenders and shall be binding upon the Borrower,
the other Credit Parties, the Lenders, the Administrative Agent and all future holders of the
Notes. In the case of any waiver, the Borrower, the other Credit Parties, the Lenders and the
Administrative Agent shall be restored to their former position and rights hereunder and under the
outstanding Loans and Notes and other Credit Documents, and any Default or Event of Default waived
shall be deemed to be cured and not continuing; but no such waiver shall extend to any subsequent
or other Default or Event of Default, or impair any right consequent thereon.

     Notwithstanding any of the foregoing to the contrary, the consent of the Borrower and the
other Credit Parties shall not be required for any amendment, modification or waiver of the
provisions of Article VIII (other than the provisions of Sections 8.9 and 8.11) unless the rights
or duties of the Borrower or the other Credit Parties are directly affected thereby;
provided, that the Administrative Agent will provide written notice to the Borrower of any
such amendment, modification or waiver.

     Notwithstanding the fact that the consent of all the Lenders is required in certain
circumstances as set forth above, (a) each Lender is entitled to vote as such Lender sees fit on
any bankruptcy reorganization plan that affects the Loans, and each Lender acknowledges that the
provisions of Section 1126(c) of the Bankruptcy Code supersedes the unanimous consent provisions
set forth herein and (b) the Required Lenders may consent to allow a Credit Party to use cash
collateral in the context of a bankruptcy or insolvency proceeding.

     The Lenders hereby agree that the Administrative Agent is authorized to release the Liens in
favor of the Administrative Agent, for the benefit of itself and the Lenders, in all of the
Collateral, if requested by the Borrower, upon the Borrower obtaining the Release Rating, without
further notice to or consent by such Lenders.

     Section 9.2 Notices.

     (a) Except as otherwise provided in Article II, all notices, requests and demands to or
upon the respective parties hereto to be effective shall be in writing (including by
telecopy or other electronic communications as provided below), and, unless otherwise
expressly provided herein, shall be deemed to have been duly given or made (i) when
delivered by hand, (ii) when transmitted via telecopy (or other facsimile device) to the
number set out herein, (iii) the Business Day following the day on which the same has been
delivered prepaid (or pursuant to an invoice arrangement) to a reputable national overnight
air courier service, or (iv) the third Business Day following the day on which the same is
sent by certified or registered mail, postage prepaid, in each case, addressed as follows in
the case of the Borrower, the other Credit Parties and the Administrative Agent, and, in the
case of each of the Lenders, as set forth in such Lender’s Administrative Details Form, or
to such other address as may be hereafter notified by the respective parties hereto and any
future holders of the Notes:

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	 	The Borrower and the other Credit Parties:
	 	Belden Inc.
	 

	 	 
	 	7733 Forsyth, Suite 800
	 

	 	 
	 	St. Louis, Missouri 63105
	 

	 	 	 	Attention: Stephen H. Johnson
	 

	 	 	 	Telecopier: (314) 854-8001
	 

	 	 	 	Telephone: (314) 854-8017
	 
	 	 	 	 
	 

	 	The Administrative
Agent:
	 	Wachovia Bank, National Association,
	 

	 	 	 	as Administrative Agent
	 

	 	 	 	One Wachovia Center
	 

	 	 	 	301 South College Street, NC-5562
	 

	 	 	 	Charlotte, NC 28288-5562
	 

	 	 	 	Attention: Jeff Seaton
	 

	 	 	 	Telecopier: (704) 383-7611
	 

	 	 	 	Telephone: (704) 383-1625
	 
	 	 	 	 
	 

	 	 	 	with a copy to:
	 
	 	 	 	 
	 

	 	 	 	Wachovia Bank, National Association
	 

	 	 	 	One Wachovia Center, TW-15
	 

	 	 	 	Charlotte, North Carolina 28288-0760
	 

	 	 	 	Attention: Agency Management
	 

	 	 	 	Telecopier: (704) 383-6647
	 

	 	 	 	Telephone: (704) 383-3727

provided, that notices given by the Borrower pursuant to Section 2.1 or Section 2.10
hereof shall be effective only upon receipt thereof by the Administrative Agent.

     (b) Notices and other communications to the Lenders or the Administrative Agent
hereunder may be delivered or furnished by electronic communication (including e-mail and
Internet or intranet websites) pursuant to procedures approved by the Administrative Agent;
provided that the foregoing shall not apply to notices to any Lender pursuant to
Article II if such Lender, as applicable, has notified the Administrative Agent that it is
incapable of receiving notices under such Section by electronic communication. The
Administrative Agent or the Borrower may, in its discretion, agree to accept notices and
other communications to it hereunder by electronic communications pursuant to procedures
approved by it; provided that approval of such procedures may be limited to
particular notices or communications.

     Unless the Administrative Agent otherwise prescribes, (a) notices and other
communications sent to an e-mail address shall be deemed received upon the sender’s receipt
of an acknowledgement from the intended recipient (such as by the “return receipt requested”
function, as available, return e-mail or other written acknowledgement); provided
that if such notice or other communication is not sent during the normal business hours of
the recipient, such notice or communication shall be deemed to have

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been sent at the opening of business on the next business day for the recipient, and
(b)notices or communications posted to an Internet or intranet website shall be deemed
received upon the deemed receipt by the intended recipient at its e-mail address as
described in the foregoing clause (a) of notification that such notice or communication is
available and identifying the website address therefor.

     Section 9.3 No Waiver; Cumulative Remedies.

     No failure to exercise and no delay in exercising, on the part of the Administrative Agent or
any Lender, any right, remedy, power or privilege hereunder shall operate as a waiver thereof; nor
shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude
any other or further exercise thereof or the exercise of any other right, remedy, power or
privilege. The rights, remedies, powers and privileges herein provided are cumulative and not
exclusive of any rights, remedies, powers and privileges provided by law.

     Section 9.4 Survival of Representations and Warranties.

     All representations and warranties made hereunder and in any document, certificate or
statement delivered pursuant hereto or in connection herewith shall survive the execution and
delivery of this Credit Agreement and the Notes and the making of the Loans; provided that
all such representations and warranties shall terminate on the Termination Date.

     Section 9.5 Payment of Expenses and Taxes.

     The Credit Parties agree (a) to pay or reimburse the Administrative Agent and the Arranger for
all their reasonable out-of-pocket costs and expenses incurred in connection with the development,
preparation, negotiation, printing and execution of, and any amendment, supplement or modification
to, this Credit Agreement and the other Credit Documents, and the consummation and administration
of the transactions contemplated hereby and thereby, together with the reasonable fees and
disbursements of Moore & Van Allen PLLC (counsel to the Administrative Agent and the Arranger) in
connection therewith and no other counsel therefor, (b) to pay or reimburse each Lender and the
Administrative Agent for all its costs and expenses incurred in connection with the enforcement or
preservation of any rights under this Credit Agreement and the other Credit Documents, including,
without limitation, the reasonable fees and disbursements of counsel to the Administrative Agent
and to the Lenders in connection therewith, and (c) on demand, to pay, indemnify, and hold each
Lender, the Administrative Agent and the Arranger harmless from, any and all recording and filing
fees and any and all liabilities with respect to, or resulting from any delay in paying, stamp,
excise and other similar taxes, if any, which may be payable or determined to be payable in
connection with the execution and delivery of, or consummation or administration of any of the
transactions contemplated by, or any amendment, supplement or modification of, or any waiver or
consent under or in respect of, the Credit Documents and any such other documents, (d) to pay,
indemnify, and hold each Lender, the Administrative Agent, the Arranger and their Affiliates and
their respective officers, directors, employees, partners, members, counsel, agents,
representatives, advisors and affiliates (collectively called the “Indemnitees”) harmless
from and against, any and all other liabilities, obligations, losses, damages, penalties, actions,
judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever to the extent
arising

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from third party claims with respect to the execution, delivery, enforcement, performance and
administration of the Credit Documents and the use, or proposed use, of proceeds of the Loans and
(e) to pay any civil penalty or fine assessed by the U.S. Department of the Treasury’s Office of
Foreign Assets Control against, and all reasonable costs and expenses (including counsel fees and
disbursements) incurred in connection with defense thereof by, the Administrative Agent or any
Lender as a result of the funding of Loans, the issuance of Letters of Credit, the acceptance of
payments or of Collateral due under the Credit Documents (all of the foregoing, collectively, the
“Indemnified Liabilities”); provided, however, that the Borrower shall not
have any obligation hereunder to an Indemnitee with respect to Indemnified Liabilities arising from
the gross negligence, bad faith or willful misconduct of any Indemnitee, as determined by a court
of competent jurisdiction. The agreements in this Section 9.5 shall survive repayment of the
Loans, Notes and all other amounts hereunder.

     Section 9.6 Successors and Assigns; Participations; Purchasing Lenders.

     (a) This Credit Agreement shall be binding upon and inure to the benefit of the Credit
Parties, the Lenders, the Administrative Agent, all future holders of the Notes and their
respective successors and assigns, except that the Credit Parties may not assign or transfer
any of their rights or obligations under this Credit Agreement or the other Credit Documents
without the prior written consent of each Lender.

     (b) Any Lender may, in the ordinary course of its business and in accordance with
applicable law, at any time sell to one or more banks or other entities
(“Participants”) participating interests in any Loan owing to such Lender, any Note
held by such Lender, any Commitment of such Lender, or any other interest of such Lender
hereunder. In the event of any such sale by a Lender of participating interests to a
Participant, such Lender’s obligations under this Credit Agreement to the other parties to
this Credit Agreement shall remain unchanged, such Lender shall remain solely responsible
for the performance thereof, such Lender shall remain the holder of any such Note for all
purposes under this Credit Agreement, and the Borrower and the Administrative Agent shall
continue to deal solely and directly with such Lender in connection with such Lender’s
rights and obligations under this Credit Agreement. No Lender shall transfer or grant any
participation under which the Participant shall have rights to approve any amendment to or
waiver of this Credit Agreement or any other Credit Document except to the extent such
amendment or waiver would (i) extend the scheduled maturity of any Loan or Note or any
installment thereon in which such Participant is participating, or reduce the stated rate or
extend the time of payment of interest or fees thereon (except in connection with a waiver
of interest at the increased post-default rate set forth in Section 2.10 which shall be
determined by a vote of the Required Lenders) or reduce the principal amount thereof, or
increase the amount of the Participant’s participation over the amount thereof then in
effect; provided that, it is understood and agreed that (A) a waiver of any Default
or Event of Default shall not constitute a change in the terms of such participation, and
(B) an increase in any Commitment or Loan shall be permitted without consent of any
participant if the Participant’s participation is not increased as a result thereof,
(ii) release all or substantially all of the Guarantors from their obligations under the
Guaranty, (iii) release all or substantially all of the Collateral, or (iv) consent to the
assignment or transfer by the

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Borrower of any of its rights and obligations under this Credit Agreement. In the case of
any such participation, the Participant shall not have any rights under this Credit
Agreement or any of the other Credit Documents (the Participant’s rights against such Lender
in respect of such participation to be those set forth in the agreement executed by such
Lender in favor of the Participant relating thereto) and all amounts payable by the Borrower
hereunder shall be determined as if such Lender had not sold such participation;
provided that each Participant shall be entitled to the benefits of Sections 2.16,
2.17, 2.18 and 9.5 with respect to its participation (A) in the Commitments and the Loans
outstanding from time to time; provided further, that no Participant shall
be entitled to receive any greater amount pursuant to such Sections than the transferor
Lender would have been entitled to receive in respect of the amount of the participation
transferred by such transferor Lender to such Participant had no such transfer occurred and
(B) such Participant shall be subject to the limitations and obligations set forth in
Sections 2.16, 2.17, 2.18 and 9.5 as if such Participant was a Lender hereunder.

     (c) Any Lender may, in accordance with applicable law, at any time, sell or assign to
any Lender or any Affiliate or Approved Fund thereof and to one or more additional banks,
insurance companies, financial institutions, investment funds or other entities
(“Purchasing Lenders”), all or any part of its rights and obligations under this
Credit Agreement and the Notes in minimum amounts of $2,500,000 with respect to its
Revolving Commitment and its Revolving Loans (or, if less, the entire amount of such
Lender’s Revolving Commitment and Revolving Loans), pursuant to a Commitment Transfer
Supplement, executed by such Purchasing Lender, such transferor Lender, the Administrative
Agent, the Issuing Lender and the Borrower (to the extent required), and delivered to the
Administrative Agent for its acceptance and recording in the Register; provided,
however, that (i) any sale or assignment to an existing Lender, or Affiliate or
Approved Fund thereof, shall not require the consent of the Borrower nor shall any such sale
or assignment be subject to the minimum assignment amounts specified herein, and (ii) so
long as no Default or Event of Default shall have occurred and be continuing, any other sale
or assignment (except as referred to in subclause (i) above) of a portion of the Revolving
Loans and a Revolving Loan Commitment shall require the consent of the Borrower. Upon such
execution, delivery, acceptance and recording, from and after the Transfer Effective Date
specified in such Commitment Transfer Supplement, (A) the Purchasing Lender thereunder shall
be a party hereto and, to the extent provided in such Commitment Transfer Supplement, have
the rights and obligations of a Lender hereunder with a Commitment as set forth therein, and
(B) the transferor Lender thereunder shall, to the extent provided in such Commitment
Transfer Supplement, be released from its obligations under this Credit Agreement (and, in
the case of an Commitment Transfer Supplement covering all or the remaining portion of a
transferor Lender’s rights and obligations under this Credit Agreement, such transferor
Lender shall cease to be a party hereto; provided, however, that such Lender shall continue
to be entitled to any indemnification rights that expressly survive hereunder). Such
Commitment Transfer Supplement shall be deemed to amend this Credit Agreement to the extent,
and only to the extent, necessary to reflect the addition of such Purchasing Lender and the
resulting adjustment of the Revolving Commitment Percentage arising from the purchase by
such Purchasing Lender of all or a portion of the rights and obligations of such transferor
Lender under this Credit Agreement and the Notes. On or prior to the Transfer Effective

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Date specified in such Commitment Transfer Supplement, the Borrower, at its own expense,
shall execute and deliver to the Administrative Agent in exchange for the Notes delivered to
the Administrative Agent pursuant to such Commitment Transfer Supplement new Notes to the
order of such Purchasing Lender in an amount equal to the Commitment assumed by it pursuant
to such Commitment Transfer Supplement and, unless the transferor Lender has not retained a
Commitment hereunder, new Notes to the order of the transferor Lender in an amount equal to
the Commitment retained by it hereunder. Such new Notes shall be dated the Closing Date and
shall otherwise be in the form of the Notes replaced thereby. Notwithstanding anything to
the contrary contained in this Section 9.6, a Lender may assign any or all of its rights
under this Credit Agreement to an Affiliate or an Approved Fund of such Lender without
delivering an Commitment Transfer Supplement to the Administrative Agent; provided,
however, that (x) the Credit Parties and the Administrative Agent may continue to
deal solely and directly with such assigning Lender until an Commitment Transfer Supplement
has been delivered to the Administrative Agent for recordation on the Register, (y) the
failure of such assigning lender to deliver a Commitment Transfer Supplement to the
Administrative Agent shall not affect the legality, validity or binding effect of such
assignment and (z) an Commitment Transfer Supplement between the assigning Lender an
Affiliate or Approved Fund of such Lender shall be effective as of the date specified in
such Commitment Transfer Supplement. Each Commitment Transfer Supplement shall detail
whether such Lender is assigning its Non-Extending Revolving Commitment and/or its Extended
Revolving Commitment and the amounts applicable to each of its Non-Extending Revolving
Commitment and/or its Extended Revolving Commitment, as applicable.

     (d) The Administrative Agent shall maintain at its address referred to in Section 9.2 a
copy of each Commitment Transfer Supplement delivered to it and a register (the
“Register”) for the recordation of the names and addresses of the Lenders and the
Commitment of, and principal amount of the Loans owing to, each Lender from time to time and
whether such Commitment is an Extended Revolving Commitment or a Non-Extending Revolving
Commitment. A Loan (and the related Note) recorded on the Register may be assigned or sold
in whole or in part upon registration of such assignment or sale on the Register. The
entries in the Register shall be presumed correct in the absence of demonstrable error, and
the Borrower, the Administrative Agent and the Lenders may treat each Person whose name is
recorded in the Register as the owner of the Loan recorded therein for all purposes of this
Credit Agreement. The Register shall be available for inspection by the Borrower or any
Lender at any reasonable time and from time to time upon reasonable prior notice. In the
case of an assignment pursuant to the last sentence of Section 9.6(c) as to which an
Commitment Transfer Supplement is not delivered to the Administrative Agent, the assigning
Lender shall, acting solely for this purpose as a non-fiduciary agent of the Credit Parties,
maintain a comparable register on behalf of the Credit Parties. In the event that any
Lender sells participations in a Loan recorded on the Register, such Lender shall maintain,
as agent of the Borrower, a register on which it enters the name of all participants in such
Loans held by it (the “Participant Register”). A Loan recorded on the Register (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

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provide). Any participation of such Loan recorded on the Register (and the registered Note,
if any, evidencing the same) may be effected only by the registration of such participation
on the Participant Register.

     (e) Upon its receipt of a duly executed Commitment Transfer Supplement, together with
payment to the Administrative Agent by the transferor Lender or the Purchasing Lender, as
agreed between them, of a registration and processing fee of $3,500 for each Purchasing
Lender listed in such Commitment Transfer Supplement and the Notes subject to such
Commitment Transfer Supplement, the Administrative Agent shall (i) accept such Commitment
Transfer Supplement, (ii) record the information contained therein in the Register and
(iii) give prompt notice of such acceptance and recordation to the Lenders and the Borrower.

     (f) The Borrower authorizes each Lender to disclose to any Participant or Purchasing
Lender (each, a “Transferee”) and any prospective Transferee any and all financial
information in such Lender’s possession concerning the Borrower and its Subsidiaries which
has been delivered to such Lender by or on behalf of the Borrower pursuant to this Credit
Agreement or which has been delivered to such Lender by or on behalf of the Borrower in
connection with such Lender’s credit evaluation of the Borrower and its Affiliates prior to
becoming a party to this Credit Agreement, in each case subject to Section 9.15.

     (g) At the time of each assignment pursuant to this Section 9.6 to a Person which is
not already a Lender hereunder and which is not a United States person (as such term is
defined in Section 7701(a)(30) of the Code) for Federal income tax purposes, the respective
assignee Lender shall provide to the Borrower and the Administrative Agent the appropriate
Internal Revenue Service Forms (and, if applicable, a Tax Exempt Certificate) described in
Section 2.19.

     (h) Nothing herein shall prohibit any Lender from pledging or assigning any of its
rights under this Credit Agreement (including, without limitation, any right to payment of
principal and interest under any Note) to secure obligations of such Lender, including
without limitation, (i) any pledge or assignment to secure obligations to a Federal Reserve
Bank and (ii) in the case of any Lender that is a fund or trust or entity that invests in
commercial bank loans in the ordinary course of business, any pledge or assignment to any
holders of obligations owed, or securities issued, by such Lender including to any trustee
for, or any other representative of, such holders; it being understood that the requirements
for assignments set forth in this Section 9.6 shall not apply to any such pledge or
assignment of a security interest, except with respect to any foreclosure or similar action
taken by such pledgee or assignee with respect to such pledge or assignment; provided that
no such pledge or assignment of a security interest shall release a Lender from any of its
obligations hereunder or substitute any such pledgee or assignee for such Lender as a party
hereto and no such pledgee or assignee shall have any voting rights under this Credit
Agreement unless and until the requirements for assignments set forth in this Section 9.6
are complied with in connection with any foreclosure or similar action taken by such pledgee
or assignee.

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     Section 9.7 Adjustments; Set-off.

     (a) Except as specifically provided for in this Agreement, each Lender agrees that if
any Lender (a “benefited Lender”) shall at any time receive any payment of all or
part of its Loans, or interest thereon, or receive any collateral in respect thereof
(whether voluntarily or involuntarily, by set-off, pursuant to a Bankruptcy Event or
otherwise) in a greater proportion than any such payment to or collateral received by any
other Lender, if any, in respect of such other Lender’s Loans, or interest thereon, such
benefited Lender shall purchase for cash from the other Lenders a participating interest in
such portion of each such other Lender’s Loan, or shall provide such other Lenders with the
benefits of any such collateral, or the proceeds thereof, as shall be necessary to cause
such benefited Lender to share the excess payment or benefits of such collateral or proceeds
ratably with each of the Lenders; provided, however, that if all or any
portion of such excess payment or benefits is thereafter recovered from such benefited
Lender, such purchase shall be rescinded, and the purchase price and benefits returned, to
the extent of such recovery, but without interest. The Borrower agrees that each Lender so
purchasing a portion of another Lender’s Loans may exercise all rights of payment
(including, without limitation, rights of set-off) with respect to such portion as fully as
if such Lender were the direct holder of such portion. The provisions of this paragraph
shall not be construed to apply to (1) any amounts applied by the Swingline Lender to
outstanding Swingline Loans and (2) any amounts received by the Issuing Lender and/or
Swingline Lender to secure the obligations of a Defaulting Lender or an Impacted Lender to
fund risk participations hereunder.

     (b) In addition to any rights and remedies of the Lenders provided by law (including,
without limitation, other rights of set-off), each Lender shall have the right, without
prior notice to the Borrower or the applicable Credit Party, any such notice being expressly
waived by the Credit Parties to the extent permitted by applicable law, upon the occurrence
and during the continuance of any Event of Default, to setoff and appropriate and apply any
and all deposits (general or special, time or demand, provisional or final), in any
currency, and any other credits, indebtedness or claims, in any currency, in each case
whether direct or indirect, absolute or contingent, matured or unmatured, and whether the
obligations owing to such Lender are fully secured, at any time held by or owing to such
Lender or any branch or agency thereof to or for the credit or the account of the Borrower
or any other Credit Party, or any part thereof in such amounts as such Lender may elect,
against and on account of the Loans and other Credit Party Obligations of the Borrower and
the other Credit Parties to the Administrative Agent and the Lenders and claims of every
nature and description of the Administrative Agent and the Lenders against the Borrower and
the other Credit Parties, in any currency, whether arising hereunder, under any other Credit
Document or any Secured Hedging Agreement pursuant to the terms of this Credit Agreement, as
such Lender may elect, whether or not the Administrative Agent or the Lenders have made any
demand for payment and although such obligations, liabilities and claims may be contingent
or unmatured. The aforesaid right of set-off may be exercised by such Lender against the
Borrower, any other Credit Party or against any trustee in bankruptcy, debtor in possession,
assignee for the benefit of creditors, receiver or execution, judgment or attachment
creditor of the Borrower or any other Credit Party, or against anyone else claiming through
or against

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the Borrower, any other Credit Party or any such trustee in bankruptcy, debtor in
possession, assignee for the benefit of creditors, receiver, or execution, judgment or
attachment creditor, notwithstanding the fact that such right of set-off shall not have been
exercised by such Lender prior to the occurrence of any Event of Default. Each Lender
agrees promptly to notify the Borrower and the Administrative Agent after any such set-off
and application made by such Lender; provided, however, that the failure to
give such notice shall not affect the validity of such set-off and application.

     Section 9.8 Table of Contents and Section Headings.

     The table of contents and the Section and subsection headings herein are intended for
convenience only and shall be ignored in construing this Credit Agreement.

     Section 9.9 Counterparts.

     This Credit Agreement may be executed by one or more of the parties to this Credit Agreement
on any number of separate counterparts, and all of said counterparts taken together shall be deemed
to constitute one and the same instrument. A set of the copies of this Credit Agreement signed by
all the parties shall be lodged with the Borrower and the Administrative Agent.

     Section 9.10 Effectiveness.

     This Credit Agreement shall become effective on the date on which all of the parties have
signed a copy hereof (whether the same or different copies) and shall have delivered the same to
the Administrative Agent pursuant to Section 9.2 or, in the case of the Lenders, shall have
given to the Administrative Agent written, telecopied, electronically mailed or telex notice
(actually received) at such office that the same has been signed and mailed to it.

     Section 9.11 Severability.

     Any provision of this Credit Agreement which is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in
any other jurisdiction.

     Section 9.12 Integration.

     This Credit Agreement and the other Credit Documents represent the agreement of the Borrower,
the other Credit Parties, the Administrative Agent and the Lenders with respect to the subject
matter hereof, and there are no promises, undertakings, representations or warranties by the
Administrative Agent, the Borrower, the other Credit Parties, or any Lender relative to the subject
matter hereof not expressly set forth or referred to herein or therein.

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     Section 9.13 Governing Law.

     This Credit Agreement and, unless otherwise specified therein, each other Credit Document and
the rights and obligations of the parties under this Credit Agreement and such other Credit
Document shall be governed by, and construed and interpreted in accordance with, the law of the
State of New York without regard to conflict of laws principles thereof (other than Sections 5-1401
and 5-1402 of the New York General Obligations Law).

     Section 9.14 Consent to Jurisdiction and Service of Process.

     All judicial proceedings brought against the Borrower and/or any other Credit Party with
respect to this Credit Agreement, any Note or any of the other Credit Documents may be brought in
any state or federal court of competent jurisdiction in the State of New York, and, by execution
and delivery of this Credit Agreement, the Borrower and each of the other Credit Parties accepts,
for itself and in connection with its properties, generally and unconditionally, the non-exclusive
jurisdiction of the aforesaid courts and irrevocably agrees to be bound by any final judgment
rendered thereby in connection with this Credit Agreement from which no appeal has been taken or is
available. The Borrower and each of the other Credit Parties irrevocably agree that all service of
process in any such proceedings in any such court may be effected by mailing a copy thereof by
registered or certified mail (or any substantially similar form of mail), postage prepaid, to it at
its address set forth in Section 9.2 or at such other address of which the Administrative Agent
shall have been notified pursuant thereto, such service being hereby acknowledged by the Borrower
and the other Credit Parties to be effective and binding service in every respect. The Borrower,
the other Credit Parties, the Administrative Agent and the Lenders irrevocably waive any objection,
including, without limitation, any objection to the laying of venue or based on the grounds of
forum non conveniens which it may now or hereafter have to the bringing of any such action or
proceeding in any such jurisdiction. Nothing herein shall affect the right to serve process in any
other manner permitted by law or shall limit the right of any Lender to bring proceedings against
the Borrower or the other Credit Parties in the court of any other jurisdiction.

     Section 9.15 Confidentiality.

     The Administrative Agent and each of the Lenders agrees that it will not disclose without the
prior consent of the Borrower any information (the “Information”) with respect to the
Credit Parties and their Subsidiaries which is furnished pursuant to this Credit Agreement, any
other Credit Document or any documents contemplated by or referred to herein or therein, except
that any Lender may disclose any such Information (a) to its employees, affiliates, auditors or
counsel on a need-to-know basis or to another Lender, (b) as has become generally available to the
public other than by a breach of this Section 9.15, (c) as may be required in any report, statement
or testimony submitted to any municipal, state or federal regulatory body having or claiming to
have jurisdiction over such Lender such as the Federal Reserve Board or the Federal Deposit
Insurance Corporation or the Office of the Comptroller of the Currency or the National Association
of Insurance Commissioners or similar organizations (whether in the United States or elsewhere) or
their successors, (d) as may be required in response to any summons or subpoena or any law, order,
regulation or ruling applicable to such Lender, (e) to (i) any prospective Participant or assignee
in connection with any contemplated transfer pursuant to

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Section 9.6 or (ii) any actual or prospective counterparty (or its advisors) to any swap or
derivative transaction relating to the Borrower, provided that such prospective transferee
or counterparty shall have been made aware of this Section 9.15 and shall have agreed to be bound
by its provisions as if it were a party to this Credit Agreement, (f) to Gold Sheets and
other similar bank trade publications; such disclosed information to consist only of deal terms and
other information regarding the credit facilities evidenced by this Credit Agreement customarily
found in such publications, (g) to the extent reasonably required, in connection with any suit,
action or proceeding for the purpose of defending itself, reducing its liability, or protecting or
exercising any of its claims, rights, remedies or interests under or in connection with the Credit
Documents or any Secured Hedging Agreement, (h) to any direct or indirect contractual counterparty
in swap agreements or such contractual counterparty’s professional advisor (so long as such
contractual counterparty or professional advisor to such contractual counterparty agrees to be
bound by the provisions of this Section 9.15 as if it were a party to this Credit Agreement), (i)
any nationally recognized rating agency that requires access to customary information about a
Lender’s investment portfolio in connection with ratings issued with respect to such Lender, (j) to
a Person that is an investor or prospective investor in a Securitization (as defined below) that
agrees that its access to information regarding the Borrower and the Loans is solely for purposes
of evaluating an investment in such Securitization; provided that such Person shall have
been made aware of this Section 9.15 and shall have agreed to be bound by its provisions as if it
were a party to this Credit Agreement, (k) to a Person that is a trustee, collateral manager,
servicer, noteholder or secured party in a Securitization in connection with the administration,
servicing and reporting on the assets serving as collateral for such Securitization;
provided that such Person shall have been made aware of this Section 9.15 and shall have
agreed to be bound by its provisions as if it were a party to this Credit Agreement, or (l) to a
nationally recognized rating agency that requires access to information regarding the Borrower and
the Loans in connection with ratings issued with respect to a Securitization. For purposes of this
Section “Securitization” shall mean a public or private offering by a Lender or any of its
affiliates or their respective successors and assigns, of securities which represent an interest
in, or which are collateralized in whole or in part by, the Loans. Unless specifically prohibited
by applicable law or court order, each of the Lenders and the Administrative Agent shall, prior to
its disclosure of Information pursuant to subsections (c) and (d) above, use reasonable efforts to
notify the Borrower of any request for disclosure of any such information.

     Section 9.16 Acknowledgments.

     The Borrower and the other Credit Parties each hereby acknowledges that:

     (a) it has been advised by counsel in the negotiation, execution and delivery of each
Credit Document;

     (b) neither the Administrative Agent nor any Lender has any fiduciary relationship with
or duty to the Borrower or any other Credit Party arising out of or in connection with this
Credit Agreement and the relationship between the Administrative Agent and the Lenders, on
one hand, and the Borrower and the other Credit Parties, on the other hand, in connection
herewith is solely that of debtor and creditor; and

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     (c) no joint venture exists among the Lenders or among the Borrower or the other Credit
Parties and the Lenders.

     Section 9.17 Waivers of Jury Trial; Waiver of Consequential Damages.

     THE BORROWER, THE OTHER CREDIT PARTIES, THE ADMINISTRATIVE AGENT AND THE LENDERS HEREBY
IRREVOCABLY AND UNCONDITIONALLY WAIVE, TO THE EXTENT PERMITTED BY APPLICABLE LAW, TRIAL BY JURY IN
ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS CREDIT AGREEMENT OR ANY OTHER CREDIT DOCUMENT AND
FOR ANY COUNTERCLAIM THEREIN. Each of the Borrower, the other Credit Parties, the Administrative
Agent and the Lenders agree not to assert any claim against any other party to this Credit
Agreement or any their respective directors, officers, employees, attorneys, Affiliates or agents,
on any theory of liability, for special, indirect, consequential or punitive damages arising out of
or otherwise relating to any of the transactions contemplated herein.

     Section 9.18 Patriot Act Notice.

     Each Lender and the Administrative Agent (for itself and not on behalf of any other party)
hereby notifies the Borrower that, pursuant to the requirements of the USA Patriot Act, Title III
of Pub. L. 107-56, signed into law October 26, 2001 (the “Patriot Act”), it is required to
obtain, verify and record information that identifies the Borrower, which information includes the
name and address of the Borrower and other information that will allow such Lender or the
Administrative Agent, as applicable, to identify the Borrower in accordance with the Patriot Act.

     Section 9.19 Judgment Currency.

     If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due
hereunder or under any other Credit Document in one currency into another currency, the rate of
exchange used shall be that at which in accordance with normal banking procedures the
Administrative Agent could purchase the first currency with such other currency on the Business Day
preceding that on which final judgment is given. The obligation of any Credit Party in respect of
any such sum due from it to the Administrative Agent or any Lender hereunder or under the other
Credit Documents shall, notwithstanding any judgment in a currency (the “Judgment
Currency”) other than that in which such sum is denominated in accordance with the applicable
provisions of this Agreement (the “Agreement Currency”), be discharged only to the extent
that on the Business Day following receipt by the Administrative Agent or such Lender of any sum
adjudged to be so due in the Judgment Currency, the Administrative Agent or such Lender may in
accordance with normal banking procedures purchase the Agreement Currency with the Judgment
Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due
to the Administrative Agent or such Lender in the Agreement Currency, each Credit Party agrees, as
a separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent
or such Lender or the Person to whom such obligation was owing against such loss. If the amount of
the Agreement Currency so purchased is greater than the sum originally due to the Administrative
Agent or such Lender in such currency, the Administrative Agent or such Lender agrees to return the
amount of any excess to the Borrowers (or to any other Person who may be entitled thereto under
applicable law).

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     Section 9.20 No Agency or Fiduciary Responsibility.

     In connection with all aspects of each transaction contemplated hereby, each of the Credit
Parties acknowledges and agrees, and acknowledges its Affiliates’ understanding, that: (a) the
credit facility provided for hereunder and any related arranging or other services in connection
therewith (including in connection with any amendment, waiver or other modification hereof or of
any other Credit Document) are an arm’s-length commercial transaction between the Credit Parties
and their Affiliates, on the one hand, and the Administrative Agent and the Lenders, on the other
hand, and the Credit Parties are capable of evaluating and understanding and understand and accept
the terms, risks and conditions of the transactions contemplated hereby and by the other Credit
Documents (including any amendment, waiver or other modification hereof or thereof); (b) in
connection with the process leading to such transaction, the Administrative Agent and each Lender
each is and has been acting solely as a principal and is not the financial advisor, agent or
fiduciary, for any Credit Party or any of their Affiliates, stockholders, creditors or employees or
any other Person; (c) neither the Administrative Agent nor any Lender has assumed or will assume an
advisory, agency or fiduciary responsibility in favor of any Credit Party with respect to any of
the transactions contemplated hereby or the process leading thereto, including with respect to any
amendment, waiver or other modification hereof or of any other Credit Document (irrespective of
whether the Administrative Agent or any Lender has advised or is currently advising any Credit
Party or any of its Affiliates on other matters) and neither the Administrative Agent nor any
Lender has any obligation to any Credit Party or any of their Affiliates with respect to the
transactions contemplated hereby except those obligations expressly set forth herein and in the
other Credit Documents; (d) the Administrative Agent and the Lenders and their respective
Affiliates may be engaged in a broad range of transactions that involve interests that differ from
those of the Credit Parties and their Affiliates, and neither the Administrative Agent nor any
Lender has any obligation to disclose any of such interests by virtue of any advisory, agency or
fiduciary relationship; and (e) the Administrative Agent and the Lenders have not provided and will
not provide any legal, accounting, regulatory or tax advice with respect to any of the transactions
contemplated hereby (including any amendment, waiver or other modification hereof or of any other
Credit Document) and the Credit Parties have consulted their own legal, accounting, regulatory and
tax advisors to the extent they have deemed appropriate. Each of the Credit Parties hereby waives
and releases, to the fullest extent permitted by law, any claims that it may have against the
Administrative Agent or any Lender with respect to any breach or alleged breach of agency or
fiduciary duty.

ARTICLE X

GUARANTY

     Section 10.1 The Guaranty.

     In order to induce the Lenders to enter into this Credit Agreement and any Hedging Agreement
Provider to enter into any Secured Hedging Agreement and to extend credit hereunder and thereunder
and in recognition of the direct benefits to be received by the Guarantors from the Extensions of
Credit hereunder and any Secured Hedging Agreement, each

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of the Guarantors hereby agrees with the Administrative Agent, the Lenders and the Hedging
Agreement Providers as follows: the Guarantor hereby unconditionally and irrevocably jointly and
severally guarantees as primary obligor and not merely as surety the full and prompt payment when
due, whether upon maturity, by acceleration or otherwise, of any and all Credit Party Obligations.
If any or all of the Credit Party Obligations become due and payable, each Guarantor
unconditionally promises to pay such indebtedness to the Administrative Agent, the Lenders, the
Hedging Agreement Providers, or their respective order, or demand, together with any and all
reasonable expenses which may be incurred by the Administrative Agent or the Lenders in collecting
any of the Credit Party Obligations. The Guaranty set forth in this Article X is a guaranty of
timely payment and not of collection.

     Notwithstanding any provision to the contrary contained herein or in any other of the Credit
Documents, to the extent the obligations of a Guarantor shall be adjudicated to be invalid or
unenforceable for any reason (including, without limitation, because of any applicable state or
federal law relating to fraudulent conveyances or transfers) then the obligations of each such
Guarantor hereunder shall be limited to the maximum amount that is permissible under applicable law
(whether federal or state and including, without limitation, the Bankruptcy Code).

     Section 10.2 Bankruptcy.

     Additionally, each of the Guarantors unconditionally and irrevocably guarantees jointly and
severally the payment of any and all Credit Party Obligations of the Borrower to the Lenders and
any Hedging Agreement Provider whether or not then due or payable by the Borrower upon the
occurrence of any of the events specified in Section 7.1(f), and unconditionally upon such
occurrence promises to pay (to the extent unpaid) such Credit Party Obligations to the
Administrative Agent for the account of the Lenders and to any such Hedging Agreement Provider, or
order, on demand, in lawful money of the United States. Each of the Guarantors further agrees that
to the extent that the Borrower or a Guarantor shall make a payment or a transfer of an interest in
any property to the Administrative Agent, any Lender or any Hedging Agreement Provider, which
payment or transfer or any part thereof is subsequently invalidated, declared to be fraudulent or
preferential, or otherwise is avoided, and/or required to be repaid to the Borrower or a Guarantor,
the estate of the Borrower or a Guarantor, a trustee, receiver or any other party under any
bankruptcy law, state or federal law, common law or equitable cause, then to the extent of such
avoidance or repayment, the obligation or part thereof intended to be satisfied shall be revived
and continued in full force and effect as if said payment had not been made.

     Section 10.3 Nature of Liability.

     The liability of each Guarantor hereunder is exclusive and independent of any security for or
other guaranty of the Credit Party Obligations of the Borrower whether executed by any such
Guarantor, any other guarantor or by any other party, and no Guarantor’s liability hereunder shall
be affected or impaired by (a) any direction as to application of payment by the Borrower or by any
other party, or (b) any other continuing or other guaranty, undertaking or maximum liability of a
guarantor or of any other party as to the Credit Party Obligations of the Borrower, or (c) any
payment on or in reduction of any such other guaranty or undertaking (except to the extent the
Credit Party Obligations are reduced thereby), or (d) any dissolution, termination or

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increase, decrease or change in personnel by the Borrower, or (e) any payment made to the
Administrative Agent, the Lenders or any Hedging Agreement Provider on the Credit Party Obligations
which the Administrative Agent, such Lenders or such Hedging Agreement Provider subsequently repay
the Borrower pursuant to court order in any bankruptcy, reorganization, arrangement, moratorium or
other debtor relief proceeding, and each of the Guarantors waives any right to the deferral or
modification of its obligations hereunder by reason of any such proceeding.

     Section 10.4 Independent Obligation.

     The obligations of each Guarantor hereunder are independent of the obligations of any other
Guarantor or the Borrower, and a separate action or actions may be brought and prosecuted against
each Guarantor whether or not action is brought against any other Guarantor or the Borrower and
whether or not any other Guarantor or the Borrower is joined in any such action or actions.
Subject to the provision of Section 10.2 regarding revival of Credit Party Obligations, the
Guarantors’ joint and several liability with respect to the Credit Party Obligations shall not
obligate them to pay any Credit Party Obligations which have already been satisfied.

     Section 10.5 Authorization.

     Each of the Guarantors authorizes the Administrative Agent, each Lender and each Hedging
Agreement Provider without notice or demand (except as shall be required by applicable statute and
cannot be waived), and without affecting or impairing its liability hereunder, from time to time to
(a) renew, compromise, extend, increase, accelerate or otherwise change the time for payment of, or
otherwise change the terms of the Credit Party Obligations or any part thereof in accordance with
this Credit Agreement and any Secured Hedging Agreement, as applicable, including any increase or
decrease of the rate of interest thereon, (b) take and hold security from any Guarantor or any
other party for the payment of this Guaranty or the Credit Party Obligations and exchange, enforce
waive and release any such security, (c) apply such security and direct the order or manner of sale
thereof as the Administrative Agent and the Lenders in their discretion may determine and (d)
release or substitute any one or more endorsers, Guarantors, the Borrower or other obligors.

     Section 10.6 Reliance.

     It is not necessary for the Administrative Agent, the Lenders or any Hedging Agreement
Provider to inquire into the capacity or powers of the Borrower or the officers, directors,
members, partners or agents acting or purporting to act on its behalf, and any Credit Party
Obligations made or created in reliance upon the professed exercise of such powers shall be
guaranteed hereunder.

     Section 10.7 Waiver.

     (a) Each of the Guarantors waives any right (except as shall be required by applicable
statute and cannot be waived) to require the Administrative Agent, any Lender or any Hedging
Agreement Provider to (i) proceed against the Borrower, any other guarantor or any other
party, (ii) proceed against or exhaust any security held from the

118

 

Borrower, any other guarantor or any other party, or (iii) pursue any other remedy in the
Administrative Agent’s, any Lender’s or any Hedging Agreement Provider’s power whatsoever.
Each of the Guarantors waives any defense based on or arising out of any defense of the
Borrower, any other guarantor or any other party other than payment in full of the Credit
Party Obligations (other than contingent indemnity obligations), including without
limitation any defense based on or arising out of the disability of the Borrower, any other
guarantor or any other party, or the unenforceability of the Credit Party Obligations or any
part thereof from any cause, or the cessation from any cause of the liability of the
Borrower other than payment in full of the Credit Party Obligations. The Administrative
Agent may, at its election, foreclose on any security held by the Administrative Agent by
one or more judicial or nonjudicial sales (to the extent such sale is permitted by
applicable law), or exercise any other right or remedy the Administrative Agent or any
Lender may have against the Borrower or any other party, or any security, without affecting
or impairing in any way the liability of any Guarantor hereunder except to the extent the
Credit Party Obligations have been paid in full and the Commitments have been terminated.
Each of the Guarantors waives any defense arising out of any such election by the
Administrative Agent or any of the Lenders, even though such election operates to impair or
extinguish any right of reimbursement or subrogation or other right or remedy of the
Guarantors against the Borrower or any other party or any security.

     (b) Each of the Guarantors waives all presentments, demands for performance, protests
and notices, including without limitation notices of nonperformance, notice of protest,
notices of dishonor, notices of acceptance of this Guaranty, and notices of the existence,
creation or incurring of new or additional Credit Party Obligations. Each Guarantor assumes
all responsibility for being and keeping itself informed of the Borrower’s financial
condition and assets, and of all other circumstances bearing upon the risk of nonpayment of
the Credit Party Obligations and the nature, scope and extent of the risks which such
Guarantor assumes and incurs hereunder, and agrees that neither the Administrative Agent nor
any Lender shall have any duty to advise such Guarantor of information known to it regarding
such circumstances or risks.

     (c) Each of the Guarantors hereby agrees it will not exercise any rights of subrogation
which it may at any time otherwise have as a result of this Guaranty (whether contractual,
under Section 509 of the U.S. Bankruptcy Code, or otherwise) to the claims of the Lenders or
any Hedging Agreement Provider against the Borrower or any other guarantor of the Credit
Party Obligations of the Borrower owing to the Lenders or such Hedging Agreement Provider
(collectively, the “Other Parties”) and all contractual, statutory or common law
rights of reimbursement, contribution or indemnity from any Other Party which it may at any
time otherwise have as a result of this Guaranty until such time as the Credit Party
Obligations shall have been paid in full and the Commitments have been terminated. Each of
the Guarantors hereby further agrees not to exercise any right to enforce any other remedy
which the Administrative Agent, the Lenders or any Hedging Agreement Provider now have or
may hereafter have against any Other Party, any endorser or any other guarantor of all or
any part of the Credit Party Obligations of the Borrower and any benefit of, and any right
to participate in, any security or collateral given to or for the benefit of the Lenders
and/or the Hedging Agreement Providers to secure payment of the Credit Party Obligations of
the Borrower

119

 

until such time as the Credit Party Obligations (other than contingent indemnity
obligations) shall have been paid in full and the Commitments have been terminated.

     Section 10.8 Limitation on Enforcement.

     The Lenders and the Hedging Agreement Providers agree that this Guaranty may be enforced only
by the action of the Administrative Agent acting upon the instructions of the Required Lenders or
such Hedging Agreement Provider (only with respect to obligations under the applicable Secured
Hedging Agreement) and that no Lender or Hedging Agreement Provider shall have any right
individually to seek to enforce or to enforce this Guaranty, it being understood and agreed that
such rights and remedies may be exercised by the Administrative Agent for the benefit of the
Lenders under the terms of this Credit Agreement and for the benefit of any Hedging Agreement
Provider under any Secured Hedging Agreement. The Lenders and the Hedging Agreement Providers
further agree that this Guaranty may not be enforced against any director, officer, member,
partner, employee or stockholder of the Guarantors.

     Section 10.9 Confirmation of Payment.

     The Administrative Agent and the Lenders will, at any time on or after the Termination Date,
upon the Borrower’s or any Guarantor’s written request, at the sole cost and expense of the Credit
Parties, confirm to the Borrower, the Guarantors or any other Person that such indebtedness and
obligations have been paid and the Commitments relating thereto terminated, subject to the
provisions of Section 10.2.

120

 

[signature pages intentionally omitted]exv10w1

Exhibit 10.1

Execution Copy

SUPPORT AGREEMENT

BY AND AMONG

ENTERPRISE PRODUCTS PARTNERS L.P.

AND

THE DUNCAN UNITHOLDERS

DATED AS OF JUNE 28, 2009

 

 

SUPPORT AGREEMENT

     SUPPORT AGREEMENT, dated as of June 28, 2009 (this “Agreement”), by and among Enterprise
Products Partners L.P., a Delaware limited partnership (the “Partnership”), on the one hand,
and Enterprise GP Holdings L.P. (“GP Holdings”), DD Securities LLC, DFI GP Holdings, L.P., Duncan
Family Interests, Inc. (“DFI”), Duncan Family 2000 Trust and Dan L. Duncan (collectively, the
“Unitholders” and, individually, “Unitholder”).

W I T N E S S E T H:

     Whereas, concurrently with the execution of this Agreement, (A) the Partnership,
Enterprise Products GP, LLC (the “General Partner”), Enterprise Sub B LLC (“Enterprise Sub B”),
TEPPCO Partners, L.P. (“TEPPCO”) and Texas Eastern Products Pipeline Company, LLC (“TEPPCO GP”) are
entering into an Agreement and Plan of Merger, dated as of the date hereof (as amended,
supplemented, restated or otherwise modified from time to time, the “MLP Merger Agreement”)
pursuant to which, among other things, Enterprise Sub B will merge with and into TEPPCO (the “MLP
Merger”), with TEPPCO as the surviving entity, and each outstanding limited partner unit of TEPPCO
(the “LP Units”) will be converted into the right to receive the merger consideration specified
therein, and (B) the Partnership, the General Partner, Enterprise Sub A LLC (“Enterprise Sub A”)
and TEPPCO GP are entering into an Agreement and Plan of Merger, dated as of the date hereof (as
amended, supplemented, restated or otherwise modified from time to time, the “GP Merger Agreement”,
and along with the MLP Merger Agreement, the “Merger
Agreements”), pursuant to which Enterprise Sub
A will merge with and into TEPPCO GP, with TEPPCO GP as the surviving entity (the “GP Merger”); and

     Whereas, as of the date hereof, each Unitholder is the record owner in the aggregate
of, and has the right to vote and dispose of, the number of LP Units set forth opposite such
Unitholder’s name on Schedule I hereto (the “Existing Units”); and

     Whereas, as a material inducement to the Partnership entering into the Merger
Agreements, the Partnership has required that the Unitholders agree, and the Unitholders have
agreed, to enter into this agreement and abide by the covenants and obligations with respect to the
Covered Units (as hereinafter defined), and the Member Interests (as hereinafter defined) owned by
GP Holdings, set forth herein; and

     Whereas, the MLP Merger Agreement provides that in lieu of the TEPPCO Consideration
(as defined therein) in the MLP Merger, DFI will receive 4,520,431 Class B Units of the Partnership
(the “Class B Units”) with respect to 3,645,509 LP Units owned by DFI (the “Designated TEPPCO
Units”); and

     Whereas,  DFI desires to consent to the receipt of the Class B Units in lieu of the
TEPPCO Consideration in the MLP Merger; and

     Now Therefore, in consideration of the foregoing and the mutual representations,
warranties, covenants and agreements herein contained, and intending to be legally bound hereby,
the parties hereto agree as follows:

 

 

ARTICLE 1

GENERAL

     1.1 Defined Terms. The following capitalized terms, as used in this Agreement, shall have the
meanings set forth below. Capitalized terms used but not otherwise defined herein shall have the
meanings ascribed thereto in the MLP Merger Agreement.

     “Covered Units” means, with respect to a Unitholder, such Unitholder’s Existing Units,
together with any LP Units that such Unitholder acquires of record of on or after the date hereof.

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

     “Lien” means any mortgage, lien, charge, restriction (including restrictions on transfer),
pledge, security interest, option, right of first offer or refusal, preemptive right, put or call
option, lease or sublease, claim, right of any third party, covenant, right of way, easement,
encroachment or encumbrance.

     “Member Interests” mean the membership interests of TEPPCO GP, all of which are owned by GP
Holdings.

     “Partnership Agreement” means the Fifth Amended and Restated Agreement of Limited Partnership
of the Partnership, dated effective as of August 8, 2005, as amended to date.

     “Person” means any individual, corporation, limited liability company, limited or general
partnership, joint venture, association, joint stock company, trust, unincorporated organization,
government or any agency or political subdivision thereof or any other entity, or any group
comprised of two or more of the foregoing.

     “Transfer” means, directly or indirectly, to sell, transfer, assign or similarly dispose of
(by merger (including by conversion into securities or other consideration), by tendering into any
tender or exchange offer, by testamentary disposition, by operation of law or otherwise), either
voluntarily or involuntarily, or to enter into any contract, option or other arrangement or
understanding with respect to the voting of or sale, transfer, assignment or similar disposition of
(by merger, by tendering into any tender or exchange offer, by testamentary disposition, by
operation of law or otherwise); provided, for purposes of clarification, a Transfer shall not
include any existing or future pledges or security interests issued by the Unitholders in
connection with a bona fide loan.

ARTICLE 2

VOTING

     2.1 Agreement to Vote Covered Units and Member Interests.

          (a) Each Unitholder hereby irrevocably and unconditionally agrees that during the term of this
Agreement, at any meeting of the unitholders of TEPPCO, however called, including any adjournment
or postponement thereof, and in connection with any written consent

2

 

of the unitholders of TEPPCO, such Unitholder shall, in each case to the fullest extent that
the Covered Units are entitled to vote thereon or consent thereto:

               (i) appear at each such meeting or otherwise cause its Covered Units to be counted as present
thereat for purposes of calculating a quorum; and

               (ii) vote (or cause to be voted), in person or by proxy, or deliver (or cause to be delivered)
a written consent covering, all of the Covered Units (i) in favor of the adoption of the MLP Merger
Agreement, any transactions contemplated by the MLP Merger Agreement and any other action
reasonably requested by the Partnership in furtherance thereof, submitted for the vote or written
consent of unitholders; (ii) against any action or agreement that would result in a breach of any
covenant, representation or warranty or any other obligation or agreement of TEPPCO or TEPPCO GP or
any of their Subsidiaries (as defined in the MLP Merger Agreement) contained in the MLP Merger
Agreement; and (iii) against any action, agreement or transaction that would impede, interfere
with, delay, postpone, discourage, frustrate the purposes of or adversely affect the MLP Merger or
the other transactions contemplated by the MLP Merger Agreement.

          (b) GP Holdings hereby acknowledges and agrees that it has executed and delivered a Written
Consent of Sole Member approving the GP Merger Agreement concurrent with the execution and delivery
of this Agreement. Such Written Consent of Sole Member shall be coupled with an interest and shall
be irrevocable, except upon termination of this Agreement.

     2.2 No Inconsistent Agreements. Each Unitholder hereby represents, covenants and agrees that,
except for this Agreement, such Unitholder (a) has not entered into, and shall not enter into at
any time while this Agreement remains in effect, any voting agreement or voting trust with respect
to its Covered Units, (b) has not granted, and shall not grant at any time while this Agreement
remains in effect, a proxy, consent or power of attorney with respect to its Covered Units (except
pursuant to Section 2.3 hereof and powers of attorney granted in connection with secured loans
secured by the Covered Units that may be exercised upon the occurrence and during the continuation
of an event of default with respect to such loans) and (c) has not taken and shall not knowingly
take any action that would make any representation or warranty of such Unitholder contained herein
untrue or incorrect or have the effect of preventing or disabling such Unitholder from performing
any of his or its obligations under this Agreement.

     2.3 Proxy. In order to secure the obligations set forth herein, the Unitholders hereby
irrevocably appoint as his or its proxy and attorney-in-fact, as the case may be, Richard H.
Bachmann and Michael A. Creel, in their respective capacities as officers of the General Partner,
and any individual who shall hereafter succeed to any such officer of the General Partner, as the
case may be, and any other Person designated in writing by the General Partner (collectively, the
“Grantee”), each of them individually, with full power of substitution, to vote or execute written
consents with respect to the Covered Units in accordance with Section 2.1 hereof and, in the
discretion of the Grantees, with respect to any proposed postponements or adjournments of any
meeting of the unitholders of TEPPCO at which any of the matters described in Section 2.1(b) are to
be considered. This proxy is coupled with an interest and shall be irrevocable, except upon
termination of this Agreement, and each Unitholder will take such further action or execute such
other instruments as may be necessary to effectuate the intent of this proxy and hereby

3

 

revokes any proxy previously granted by such Unitholder with respect to the Covered Units.
The Partnership may terminate this proxy with respect to any Unitholder at any time at its sole
election by written notice provided to such Unitholder.

ARTICLE 3

REPRESENTATIONS AND WARRANTIES

     3.1 Representations and Warranties of the Unitholders. Each Unitholder (except to the extent
otherwise provided herein) hereby severally but not jointly represents and warrants to the
Partnership as follows:

          (a) Organization; Authorization; Validity of Agreement; Necessary Action. Unitholder has the
requisite power and authority and/or capacity to execute and deliver this Agreement, to carry out
his or its obligations hereunder and to consummate the transactions contemplated hereby. The
execution and delivery by each Unitholder of this Agreement, the performance by him or it of the
obligations hereunder and the consummation of the transactions contemplated hereby have been duly
and validly authorized by Unitholder and no other actions or proceedings on the part of Unitholder
to authorize the execution and delivery of this Agreement, the performance by Unitholder of the
obligations hereunder or the consummation of the transactions contemplated hereby are required.
This Agreement has been duly executed and delivered by Unitholder and, assuming the due
authorization, execution and delivery of this Agreement by the Partnership, constitutes a legal,
valid and binding agreement of Unitholder, enforceable against him or it in accordance with its
terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and
similar laws of general applicability relating to or affecting creditors’ rights and to general
equitable principles.

          (b) Ownership.

               (i) Unitholder legally owns the Unitholder’s Existing Units, and all of the Covered Units
owned by Unitholder from the date hereof through and on the Closing Date will be beneficially or
legally owned by Unitholder. Unitholder’s Existing Units are all of the LP Units legally or
beneficially owned by Unitholder. Unitholder has and will have at all times through the Closing
Date sole voting power (including the right to control such vote as contemplated herein), sole
power of disposition, sole power to issue instructions with respect to the matters set forth in
Article 2 hereof, and sole power to agree to all of the matters set forth in this Agreement, in
each case with respect to all of Unitholder’s Existing Units and with respect to all of the Covered
Units owned by Unitholder at all times through the Closing Date.

               (ii) GP Holdings hereby represents and warrants that GP Holdings legally owns the Member
Interests, and all of the Member Interests owned by GP Holdings from the date hereof through and on
the Closing Date will be beneficially or legally owned by GP Holdings.

          (c) No Violation. Neither the execution and delivery of this Agreement by Unitholder nor the
performance by Unitholder of his or its obligations under this Agreement will (A) result in a
violation or breach of or conflict with any provisions of, or constitute a default (or

4

 

an event which, with notice or lapse of time or both, would constitute a default) under, or
result in the termination, cancellation of, or give rise to a right of purchase under, or
accelerate the performance required by, or result in a right of termination or acceleration under,
or result in the creation of any Lien upon any of the properties, rights or assets, including but
not limited to the Existing Units, owned by Unitholder, or result in being declared void, voidable,
or without further binding effect, or otherwise result in a detriment to Unitholder under any of
the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license,
contract, lease, agreement or other instrument or obligation of any kind to which Unitholder is a
party or by which Unitholder or any of his or its respective properties, rights or assets may be
bound, (B) violate any judgments, decrees, injunctions, rulings, awards, settlements, stipulations
or orders (collectively, “Orders”) or laws applicable to Unitholder or any of his or its
properties, rights or assets or, (C) result in a violation or breach of or conflict with its
organizational and governing documents.

          (d) Consents and Approvals. No consent, approval, Order or authorization of, or registration,
declaration or filing with, any governmental authority is necessary to be obtained or made by
Unitholder in connection with Unitholder’s execution, delivery and performance of this Agreement or
the consummation by Unitholder of the transactions contemplated hereby, except for any reports
under Sections 13(d) and 16 of the Exchange Act as may be required in connection with this
Agreement and the transactions contemplated hereby.

          (e) Reliance by the Partnership. Each Unitholder understands and acknowledges that the
Partnership is entering into the Merger Agreements in reliance upon Unitholder’s execution and
delivery of this Agreement and the representations, warranties, covenants and obligations of
Unitholder contained herein.

     3.2 Representations and Warranties of the Partnership. The Partnership hereby represents and
warrants to each Unitholder that the execution and delivery of this Agreement by the Partnership
and the consummation of the transactions contemplated hereby have been duly authorized by all
necessary action on the part of Enterprise Products GP, LLC, the general partner of the
Partnership.

ARTICLE 4

OTHER COVENANTS

     4.1 Prohibition on Transfers, Other Actions. Each Unitholder hereby agrees not to (i)
Transfer any of the Covered Units, beneficial ownership thereof or any other interest therein; (ii)
enter into any agreement, arrangement or understanding, or take any other action, that violates or
conflicts with or would reasonably be expected to violate or conflict with, or result in or give
rise to a violation of or conflict with, Unitholder’s representations, warranties, covenants and
obligations under this Agreement; or (iii) take any action that could restrict or otherwise affect
Unitholder’s legal power, authority and right to comply with and perform his or its covenants and
obligations under this Agreement; provided, the foregoing shall not include or prohibit Transfers
resulting from pledges or security interests (or the foreclosure thereof) relating to existing or
future bona fide loans that do not affect Unitholder’s legal power, authority and

5

 

right to comply with and perform his or its covenants and obligations under this Agreement.
Any Transfer in violation of this provision shall be null and void.

     4.2 Further Assurances. From time to time, at the Partnership’s request and without further
consideration, each Unitholder shall execute and deliver such additional documents and take all
such further action as may be reasonably necessary or advisable to effect the actions and
consummate the transactions contemplated by this Agreement.

ARTICLE 5

CONSENT OF DUNCAN FAMILY INTERESTS, INC.

     DFI hereby agrees and consents to the receipt of the Class B Units in the MLP Merger in lieu
of the TEPPCO Consideration with respect to the Designated TEPPCO Units. DFI confirms that it has
read and agrees with the provisions of the MLP Merger Agreement related to the Class B Units and
the form of Amendment No. 4 to the Partnership Agreement attached as Exhibit B to the MLP Merger
Agreement and understands that the Class B Units will not have the right to share in the
Partnership’s distributions of Available Cash (as defined in the Partnership Agreement) until the
date immediately following the payment date of the 16th distribution on the Common Units (as
defined in the Partnership Agreement) following the closing of the transactions contemplated by the
MLP Merger Agreement, at which time each Class B Unit will automatically convert into one Common
Unit (as defined in the Partnership Agreement).

ARTICLE 6

MISCELLANEOUS

     6.1 Termination. This Agreement shall remain in effect until the earliest to occur of (i) the
TEPPCO Effective Time (as defined in the MLP Merger Agreement), (ii) the termination of the MLP
Merger Agreement in accordance with its terms (including after any extension thereof), and (iii)
the written agreement of the Unitholders and the Partnership to terminate this Agreement. After
the occurrence of such applicable event, this Agreement shall terminate and be of no further force
or effect. Nothing in this Section 6.1 and no termination of this Agreement shall relieve or
otherwise limit any party of liability for any breach of this Agreement occurring prior to such
termination.

     6.2 No Ownership Interest. Nothing contained in this Agreement shall be deemed to vest in the
Partnership any direct or indirect ownership or incidence of ownership of or with respect to any
Covered Units. All rights, ownership and economic benefit relating to the Covered Units shall
remain vested in and belong to each Unitholder, and the Partnership shall have no authority to
direct such Unitholder in the voting or disposition of any of the Covered Units, except as
otherwise provided herein.

     6.3 Publicity. Each Unitholder hereby permits the Partnership and TEPPCO to include and
disclose in the Proxy Statement/Prospectus and in such other schedules, certificates, applications,
agreements or documents as such entities reasonably determine to be necessary or appropriate in
connection with the consummation of the TEPPCO Merger and the transactions contemplated by the MLP
Merger
Agreement such Unitholder’s identity and ownership of the

6

 

Covered Units and the nature of such Unitholder’s commitments, arrangements and understandings
pursuant to this Agreement.

     6.4 Notices. All notices and other communications hereunder shall be in writing and shall be
deemed given when delivered personally or by telecopy (upon telephonic confirmation of receipt) or
on the first Business Day following the date of dispatch if delivered by a recognized next day
courier service. All notices hereunder shall be delivered as set forth below or pursuant to such
other instructions as may be designated in writing by the party to receive such notice:

     If to the Partnership, to:

Enterprise Products Partners L.P.

1100 Louisiana, 10th Floor

Houston, Texas 77002

Attention: Richard H. Bachmann

     With copies to:

Andrews Kurth LLP

600 Travis, Suite 4200

Houston, Texas 77002

Attention: David C. Buck, Esq.

     If to the Unitholders, to:

EPCO, Inc.

1100 Louisiana, 10th Floor

Houston, Texas 77002

Attention: President and Chief Executive Officer

     With copies to:

EPCO, Inc.

1100 Louisiana, 10th Floor

Houston, Texas 77002

Attention: Chief Legal Officer

     6.5 Interpretation. The words “hereof,” “herein” and “hereunder” and words of similar import
when used in this Agreement shall refer to this Agreement as a whole and not to any particular
provision of this Agreement, and Section references are to this Agreement unless otherwise
specified. Whenever the words “include,” “includes” or “including” are used in this Agreement,
they shall be deemed to be followed by the words “without limitation.” The meanings given to terms
defined herein shall be equally applicable to both the singular and plural forms of such terms.
The headings contained in this Agreement are for reference purposes only and shall not affect in
any way the meaning or interpretation of this Agreement. This Agreement is the product of
negotiation by the parties having the assistance of counsel and other advisers. It

7

 

is the intention of the parties that this Agreement not be construed more strictly with regard
to one party than with regard to the others.

     6.6 Counterparts. This Agreement may be executed by facsimile and in counterparts, all of
which shall be considered one and the same agreement and shall become effective when counterparts
have been signed by each of the parties and delivered to the other parties, it being understood
that all parties need not sign the same counterpart.

     6.7 Entire Agreement. This Agreement and, solely to the extent of the defined terms
referenced herein, the Merger Agreements, together with the schedule annexed hereto, embody the
complete agreement and understanding among the parties hereto with respect to the subject matter
hereof and supersede and preempt any prior understandings, agreements or representations by or
among the parties, written and oral, that may have related to the subject matter hereof in any way.

     6.8 Governing Law; Consent to Jurisdiction; Waiver of Jury Trial.

          (a) This Agreement shall be governed by and construed in accordance with the laws of the State
of Delaware, regardless of the laws that might otherwise govern under applicable principles of
conflicts of laws thereof.

          (b) EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL
BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS
AGREEMENT AND ANY OF THE AGREEMENTS DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS
CONTEMPLATED HEREBY OR THEREBY. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (A) NO REPRESENTATIVE,
AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY
WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE EITHER OF SUCH WAIVERS, (B) IT UNDERSTANDS
AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVERS, (C) IT MAKES SUCH WAIVERS VOLUNTARILY, AND (D)
IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND
CERTIFICATIONS IN THIS SECTION 6.8.

     6.9 Amendment; Waiver. This Agreement may not be amended except by an instrument in writing
signed by the Partnership and each Unitholder. Each party may waive any right of such party
hereunder by an instrument in writing signed by such party and delivered to the Partnership and the
Unitholders.

     6.10 Remedies.

          (a) Each party hereto acknowledges that monetary damages would not be an adequate remedy in
the event that any covenant or agreement in this Agreement is not performed in accordance with its
terms, and it is therefore agreed that, in addition to and without limiting any other remedy or
right it may have, the non-breaching party will have the right to an injunction, temporary
restraining order or other equitable relief in any court of competent jurisdiction enjoining any
such breach and enforcing specifically the terms and provisions

8

 

hereof. Each party hereto agrees not to oppose the granting of such relief in the event a
court determines that such a breach has occurred, and to waive any requirement for the securing or
posting of any bond in connection with such remedy.

          (b) All rights, powers and remedies provided under this Agreement or otherwise available in
respect hereof at law or in equity shall be cumulative and not alternative, and the exercise or
beginning of the exercise of any thereof by any party shall not preclude the simultaneous or later
exercise of any other such right, power or remedy by such party.

     6.11 Severability. Any term or provision of this Agreement which is determined by a court of
competent jurisdiction to be invalid or unenforceable in any jurisdiction shall, as to that
jurisdiction, be ineffective to the extent of such invalidity or unenforceability without rendering
invalid or unenforceable the remaining terms and provisions of this Agreement or affecting the
validity or enforceability of any of the terms or provisions of this Agreement in any other
jurisdiction, and if any provision of this Agreement is determined to be so broad as to be
unenforceable, the provision shall be interpreted to be only so broad as is enforceable, in all
cases so long as neither the economic nor legal substance of the transactions contemplated hereby
is affected in any manner adverse to any party or its equityholders. Upon any such determination,
the parties shall negotiate in good faith in an effort to agree upon a suitable and equitable
substitute provision to effect the original intent of the parties as closely as possible and to the
end that the transactions contemplated hereby shall be fulfilled to the maximum extent possible.

     6.12 Successors and Assigns; Third Party Beneficiaries. Neither this Agreement nor any of the
rights or obligations of any party under this Agreement shall be assigned, in whole or in part (by
operation of law or otherwise), by any party without the prior written consent of the other parties
hereto. Subject to the foregoing, this Agreement shall bind and inure to the benefit of and be
enforceable by the parties hereto and their respective successors and permitted assigns. Nothing
in this Agreement, express or implied, is intended to confer on any Person other than the parties
hereto or the parties’ respective successors and permitted assigns any rights, remedies,
obligations or liabilities under or by reason of this Agreement.

[Remainder of this page intentionally left blank]

9

 

     In Witness Whereof, the parties hereto have caused this Agreement to be signed (where
applicable, by their respective officers or other authorized Person thereunto duly authorized) as
of the date first written above.

	 	 	 	 	 	 	 
	 	 	Partnership:	 	 
	 
	 	 	 	 	 	 
	 	 	ENTERPRISE PRODUCTS PARTNERS L.P.	 	 
	 
	 	 	 	 	 	 
	 	 	By: ENTERPRISE PRODUCTS GP, LLC,	 	 
	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Michael A. Creel
 

Michael A. Creel
	 	 
	 

	 	Title:
	 	President and Chief Executive Officer	 	 

Signature Page to Support Agreement

 

 

	 	 	 	 	 	 	 
	 	 	Unitholders:	 	 
	 
	 	 	 	 	 	 
	 	 	ENTERPRISE GP HOLDINGS L.P.	 	 
	 
	 	 	 	 	 	 
	 	 	By: EPE HOLDINGS, LLC,	 	 
	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Ralph S. Cunningham
 

Ralph S. Cunningham
	 	 
	 

	 	Title:
	 	President and Chief Executive Officer	 	 

Signature Page to Support Agreement

 

 

	 	 	 	 	 	 	 
	 	 	DD SECURITIES LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Richard H. Bachmann
 

Richard H. Bachmann
	 	 
	 

	 	Title:
	 	Executive Vice President	 	 

Signature Page to Support Agreement

 

 

	 	 	 	 	 	 	 
	 	 	DFI GP HOLDINGS, L.P.	 	 
	 
	 	 	 	 	 	 
	 	 	By: DFI HOLDINGS, LLC,	 	 
	 	 	its general partner	 	 
	 
	 	 	 	 	 	 
	 	 	By: DAN DUNCAN LLC,	 	 
	 	 	its sole member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Richard H. Bachmann
 

Richard H. Bachmann
	 	 
	 

	 	Title:
	 	Executive Vice President	 	 

Signature Page to Support Agreement

 

 

	 	 	 	 	 	 	 
	 	 	DUNCAN FAMILY INTERESTS, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Darryl E. Smith
 

Darryl E. Smith
	 	 
	 

	 	Title:
	 	Treasurer	 	 

Signature Page to Support Agreement

 

 

	 	 	 	 	 
	 	 	 
	 	                                              /s/ Dannine D. Avara
 	 
	 	Dannine D. Avara, Trustee of the Duncan 	 
	 	Family 2000 Trust 	 
	 

Signature Page to Support Agreement

 

 

	 	 	 	 	 
	 	 	 
	 	                                                   /s/ Dan L. Duncan
 	 
	 	Dan L. Duncan 	 
	 	 	 
	 

Signature Page to Support Agreement

 

 

Schedule I

UNITHOLDER INFORMATION

	 	 	 	 	 
	Name 	 	Existing LP Units Beneficially Owned
	Enterprise GP Holdings L.P.
	 	 	4,400,000	 
	DD Securities LLC
	 	 	704,564	 
	DFI GP Holdings, L.P.
	 	 	2,500,000	 
	Duncan Family Interests, Inc.
	 	 	8,986,711	 
	Duncan Family 2000 Trust
	 	 	53,275	 
	Dan L. Duncan
	 	 	47,000	 

Schedule I — Page 1

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