Document:

exv4w1

 

Exhibit 4.1

 

 

INDENTURE

Dated as of May 2, 2006

Among

LONE STAR MERGER CORP.,

ACTIVANT SOLUTIONS INC.,

ACTIVANT SOLUTIONS HOLDINGS INC.,

THE GUARANTORS NAMED ON THE SIGNATURE PAGES HERETO

and

WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Trustee

9 1/2% SENIOR SUBORDINATED NOTES DUE 2016

 

 

 

 

CROSS-REFERENCE TABLE*

	 	 	 
	Trust Indenture Act Section	 	Indenture Section
	310 (a)(1)
	 	7.10
	(a)(2)
	 	7.10
	(a)(3)
	 	N.A.
	(a)(4)
	 	N.A.
	(a)(5)
	 	7.10
	(b)
	 	7.10
	(c)
	 	N.A.
	311 (a)
	 	7.11
	(b)
	 	7.11
	(c)
	 	N.A.
	312 (a)
	 	2.05
	(b)
	 	14.03
	(c)
	 	14.03
	313 (a)
	 	7.06
	(b)(1)
	 	N.A.
	(b)(2)
	 	7.06;7.07
	(c)
	 	7.06;14.02
	(d)
	 	7.06
	314 (a)
	 	4.03; 14.02; 14.05
	(b)
	 	N.A.
	(c)(1)
	 	14.04
	(c)(2)
	 	14.04
	(c)(3)
	 	N.A.
	(d)
	 	N.A.
	(e)
	 	14.05
	(f)
	 	N.A.
	315 (a)
	 	7.01
	(b)
	 	7.05; 14.02
	(c)
	 	7.01
	(d)
	 	7.01
	(e)
	 	6.14
	316 (a)(last sentence)
	 	2.09
	(a)(1)(A)
	 	6.05
	(a)(1)(B)
	 	6.04
	(a)(2)
	 	N.A.
	(b)
	 	6.07
	(c)
	 	2.12; 9.04
	317 (a)(1)
	 	6.08
	(a)(2)
	 	6.12
	(b)
	 	2.04
	318 (a)
	 	14.01
	(b)
	 	N.A.
	(c)
	 	14.01

N.A. means not applicable.

 

			
	*	 	This Cross-Reference Table is not part of the Indenture.

 

 

TABLE OF CONTENTS

	 	 	 	 	 	 
	 	 	 	 	Page
	
ARTICLE 1
	
DEFINITIONS AND INCORPORATION BY REFERENCE
	 
	 	 	 	 	 
	Section 1.01
	 	Definitions	 	 	1
	Section 1.02
	 	Other Definitions	 	 	28
	Section 1.03
	 	Incorporation by Reference of Trust Indenture Act	 	 	29
	Section 1.04
	 	Rules of Construction.	 	 	30
	Section 1.05
	 	Acts of Holders	 	 	30
	
ARTICLE 2
	
THE NOTES
	 
	 	 	 	 	 
	Section 2.01
	 	Form and Dating; Terms	 	 	32
	Section 2.02
	 	Execution and Authentication	 	 	32
	Section 2.03
	 	Registrar and Paying Agent	 	 	33
	Section 2.04
	 	Paying Agent to Hold Money in Trust	 	 	33
	Section 2.05
	 	Holder Lists	 	 	34
	Section 2.06
	 	Transfer and Exchange	 	 	34
	Section 2.07
	 	Replacement Notes	 	 	45
	Section 2.08
	 	Outstanding Notes	 	 	45
	Section 2.09
	 	Treasury Notes	 	 	45
	Section 2.10
	 	Temporary Notes	 	 	46
	Section 2.11
	 	Cancellation	 	 	46
	Section 2.12
	 	Defaulted Interest	 	 	46
	Section 2.13
	 	CUSIP Numbers	 	 	47
	
ARTICLE 3
	
REDEMPTION
	 
	 	 	 	 	 
	Section 3.01
	 	Notices to Trustee	 	 	47
	Section 3.02
	 	Selection of Notes to Be Redeemed or Purchased	 	 	47
	Section 3.03
	 	Notice of Redemption	 	 	47
	Section 3.04
	 	Effect of Notice of Redemption	 	 	48
	Section 3.05
	 	Deposit of Redemption or Purchase Price	 	 	49
	Section 3.06
	 	Notes Redeemed or Purchased in Part	 	 	49
	Section 3.07
	 	Optional Redemption	 	 	49
	Section 3.08
	 	Mandatory Redemption	 	 	50
	Section 3.09
	 	Offers to Repurchase by Application of Excess Proceeds	 	 	50

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ARTICLE 4
	
COVENANTS
	 
	 	 	 	 	 
	Section 4.01
	 	Payment of Notes	 	 	52
	Section 4.02
	 	Maintenance of Office or Agency	 	 	52
	Section 4.03
	 	Reports and Other Information	 	 	53
	Section 4.04
	 	Compliance Certificate	 	 	54
	Section 4.05
	 	Taxes	 	 	54
	Section 4.06
	 	Stay, Extension and Usury Laws	 	 	54
	Section 4.07
	 	Limitation on Restricted Payments	 	 	55
	Section 4.08
	 	Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries	 	 	61
	Section 4.09
	 	Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and	 	 	 
	 
	 	Preferred Stock	 	 	62
	Section 4.10
	 	Asset Sales	 	 	67
	Section 4.11
	 	Transactions with Affiliates	 	 	69
	Section 4.12
	 	Liens	 	 	71
	Section 4.13
	 	Corporate Existence	 	 	71
	Section 4.14
	 	Offer to Repurchase Upon Change of Control	 	 	71
	Section 4.15
	 	Limitation on Guarantees of Indebtedness by Restricted Subsidiaries	 	 	73
	Section 4.16
	 	Discharge and Suspension of Covenants	 	 	74
	Section 4.17
	 	Limitation on Layering	 	 	75
	
ARTICLE 5
	
SUCCESSORS
	 
	 	 	 	 	 
	Section 5.01
	 	Merger, Consolidation or Sale of All or Substantially All Assets	 	 	75
	Section 5.02
	 	Successor Corporation Substituted	 	 	77
	
ARTICLE 6
	
DEFAULTS AND REMEDIES
	 
	 	 	 	 	 
	Section 6.01
	 	Events of Default	 	 	77
	Section 6.02
	 	Acceleration	 	 	79
	Section 6.03
	 	Other Remedies	 	 	80
	Section 6.04
	 	Waiver of Past Defaults	 	 	80
	Section 6.05
	 	Control by Majority	 	 	80
	Section 6.06
	 	Limitation on Suits	 	 	80
	Section 6.07
	 	Rights of Holders of Notes to Receive Payment	 	 	81
	Section 6.08
	 	Collection Suit by Trustee	 	 	81
	Section 6.09
	 	Restoration of Rights and Remedies	 	 	81
	Section 6.10
	 	Rights and Remedies Cumulative	 	 	81
	Section 6.11
	 	Delay or Omission Not Waiver	 	 	81
	Section 6.12
	 	Trustee May File Proofs of Claim	 	 	82
	Section 6.13
	 	Priorities	 	 	82
	Section 6.14
	 	Undertaking for Costs	 	 	83

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ARTICLE 7
	
TRUSTEE
	 
	 	 	 	 	 
	Section 7.01
	 	Duties of Trustee	 	 	83
	Section 7.02
	 	Rights of Trustee	 	 	84
	Section 7.03
	 	Individual Rights of Trustee	 	 	85
	Section 7.04
	 	Trustee's Disclaimer	 	 	85
	Section 7.05
	 	Notice of Defaults	 	 	85
	Section 7.06
	 	Reports by Trustee to Holders of the Notes	 	 	85
	Section 7.07
	 	Compensation and Indemnity	 	 	86
	Section 7.08
	 	Replacement of Trustee	 	 	86
	Section 7.09
	 	Successor Trustee by Merger, etc	 	 	87
	Section 7.10
	 	Eligibility; Disqualification	 	 	87
	Section 7.11
	 	Preferential Collection of Claims Against Issuer	 	 	88
	
ARTICLE 8
	
LEGAL DEFEASANCE AND COVENANT DEFEASANCE
	 
	 	 	 	 	 
	Section 8.01
	 	Option to Effect Legal Defeasance or Covenant Defeasance	 	 	88
	Section 8.02
	 	Legal Defeasance and Discharge	 	 	88
	Section 8.03
	 	Covenant Defeasance	 	 	88
	Section 8.04
	 	Conditions to Legal or Covenant Defeasance	 	 	89
	Section 8.05
	 	Deposited Money and Government Securities to Be Held in Trust;	 	 	 
	 
	 	Other Miscellaneous Provisions	 	 	90
	Section 8.06
	 	Repayment to Issuer	 	 	91
	Section 8.07
	 	Reinstatement	 	 	91
	
ARTICLE 9
	
AMENDMENT, SUPPLEMENT AND WAIVER
	 
	 	 	 	 	 
	Section 9.01
	 	Without Consent of Holders of Notes	 	 	91
	Section 9.02
	 	With Consent of Holders of Notes	 	 	92
	Section 9.03
	 	Compliance with Trust Indenture Act	 	 	94
	Section 9.04
	 	Revocation and Effect of Consents	 	 	94
	Section 9.05
	 	Notation on or Exchange of Notes	 	 	94
	Section 9.06
	 	Trustee to Sign Amendments, etc	 	 	94
	Section 9.07
	 	Payment for Consent	 	 	95
	
ARTICLE 10
	
SUBORDINATION
	 
	 	 	 	 	 
	Section 10.01
	 	Agreement To Subordinate	 	 	95
	Section 10.02
	 	Liquidation, Dissolution, Bankruptcy	 	 	95
	Section 10.03
	 	Default on Senior Indebtedness of the Issuer	 	 	96
	Section 10.04
	 	Acceleration of Payment of Notes	 	 	97
	Section 10.05
	 	When Distribution Must Be Paid Over	 	 	97

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	 	 	 	 	Page
	Section 10.06
	 	Subrogation	 	 	97
	Section 10.07
	 	Relative Rights	 	 	97
	Section 10.08
	 	Subordination May Not Be Impaired by Issuer	 	 	98
	Section 10.09
	 	Rights of Trustee and Paying Agent	 	 	98
	Section 10.10
	 	Distribution or Notice to Representative	 	 	98
	Section 10.11
	 	Article 10 Not To Prevent Events of Default or Limit Right To Accelerate	 	 	98
	Section 10.12
	 	Trust Moneys Not Subordinated	 	 	99
	Section 10.13
	 	Trustee Entitled To Rely	 	 	99
	Section 10.14
	 	Trustee To Effectuate Subordination	 	 	99
	Section 10.15
	 	Trustee Not Fiduciary for Holders of Senior Indebtedness of the Issuer	 	 	99
	Section 10.16
	 	Reliance by Holders of Senior Indebtedness of the Issuer on Subordination Provisions	 	 	100
	
ARTICLE 11
	
GUARANTEES
	 
	 	 	 	 	 
	Section 11.01
	 	Guarantee	 	 	100
	Section 11.02
	 	Limitation on Guarantor Liability	 	 	102
	Section 11.03
	 	Execution and Delivery	 	 	102
	Section 11.04
	 	Subrogation	 	 	102
	Section 11.05
	 	Benefits Acknowledged	 	 	103
	Section 11.06
	 	Release of Guarantees	 	 	103
	
ARTICLE 12
	
SUBORDINATION OF GUARANTEES
	 
	 	 	 	 	 
	Section 12.01
	 	Agreement To Subordinate	 	 	103
	Section 12.02
	 	Liquidation, Dissolution, Bankruptcy	 	 	104
	Section 12.03
	 	Default on Senior Indebtedness of a Guarantor	 	 	104
	Section 12.04
	 	Demand for Payment	 	 	105
	Section 12.05
	 	When Distribution Must Be Paid Over	 	 	105
	Section 12.06
	 	Subrogation	 	 	106
	Section 12.07
	 	Relative Rights	 	 	106
	Section 12.08
	 	Subordination May Not Be Impaired by a Guarantor	 	 	106
	Section 12.09
	 	Rights of Trustee and Paying Agent	 	 	106
	Section 12.10
	 	Distribution or Notice to Representative	 	 	107
	Section 12.11
	 	Article 12 Not To Prevent Events of Default or Limit Right To Demand Payment	 	 	107
	Section 12.12
	 	Trust Moneys Not Subordinated	 	 	107
	Section 12.13
	 	Trustee Entitled To Rely	 	 	107
	Section 12.14
	 	Trustee To Effectuate Subordination	 	 	108
	Section 12.15
	 	Trustee Not Fiduciary for Holders of Senior Indebtedness of Guarantors	 	 	108
	Section 12.16
	 	Reliance by Holders of Senior Indebtedness of a Guarantor on Subordination Provisions	 	 	108

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ARTICLE 13
	
SATISFACTION AND DISCHARGE
	 
	 	 	 	 	 
	Section 13.01
	 	Satisfaction and Discharge	 	 	109
	Section 13.02
	 	Application of Trust Money	 	 	109
	
ARTICLE 14
	
MISCELLANEOUS
	 
	 	 	 	 	 
	Section 14.01
	 	Trust Indenture Act Controls	 	 	110
	Section 14.02
	 	Notices	 	 	110
	Section 14.03
	 	Communication by Holders of Notes with Other Holders of Notes	 	 	111
	Section 14.04
	 	Certificate and Opinion as to Conditions Precedent	 	 	111
	Section 14.05
	 	Statements Required in Certificate or Opinion	 	 	112
	Section 14.06
	 	Rules by Trustee and Agents	 	 	112
	Section 14.07
	 	No Personal Liability of Directors, Officers, Employees and Stockholders	 	 	112
	Section 14.08
	 	Governing Law	 	 	112
	Section 14.09
	 	Waiver of Jury Trial	 	 	112
	Section 14.10
	 	Force Majeure	 	 	112
	Section 14.11
	 	No Adverse Interpretation of Other Agreements	 	 	113
	Section 14.12
	 	Successors	 	 	113
	Section 14.13
	 	Severability	 	 	113
	Section 14.14
	 	Counterpart Originals	 	 	113
	Section 14.15
	 	Table of Contents, Headings, etc	 	 	113
	Section 14.16
	 	Qualification of Indenture	 	 	113

EXHIBITS

	 	 	 
	Exhibit A
	 	Form of Note

	Exhibit B
	 	Form of Certificate of Transfer

	Exhibit C
	 	Form of Certificate of Exchange

	Exhibit D
	 	Form of Supplemental Indenture to Be Delivered by Subsequent Guarantors

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          INDENTURE, dated as of May 2, 2006, among Lone Star Merger Corp., a Delaware corporation
(“Lone Star”), Activant Solutions Inc., a Delaware corporation (“Activant”),
Activant Solutions Holdings Inc., a Delaware corporation (“Activant Holdings”), the
Guarantors (as defined herein) listed on the signature pages hereto and Wells Fargo Bank, National
Association, as Trustee.

WITNESSETH

          WHEREAS, Lone Star has duly authorized the creation of an issue of $175,000,000 aggregate
principal amount of 9 1/2% Senior Subordinated Notes due 2016 (the “Initial Notes”);

          WHEREAS, in connection with the Transaction (as defined herein), Lone Star will merge with and
into Activant Holdings (the “First Merger”), and the surviving company in the First Merger
will merge with and into Activant (the “Second Merger” and together with the First Merger,
the “Mergers”) after which the obligations of Lone Star with respect to the due and
punctual payment of the principal of, premium, if any, and interest on all the Notes and the
performance and observation of each covenant and agreement under this Indenture on the part of Lone
Star to be performed or observed will become obligations of Activant and unconditionally and
irrevocably guaranteed by the Guarantors; and

          WHEREAS, each of Lone Star, Activant, Activant Holdings and each of the Guarantors has duly
authorized the execution and delivery of this Indenture.

          NOW, THEREFORE, Lone Star, Activant, Activant Holdings, the Guarantors and the Trustee agree
as follows for the benefit of each other and for the equal and ratable benefit of the Holders of
the Notes.

ARTICLE 1

DEFINITIONS AND INCORPORATION BY REFERENCE

Section 1.01 Definitions.

          “144A Global Note” means a Global Note substantially in the form of Exhibit A
hereto, bearing the Global Note Legend and the Private Placement Legend and deposited with or on
behalf of, and registered in the name of, the Depositary or its nominee that will be issued in a
denomination equal to the outstanding principal amount of the Notes sold in reliance on Rule 144A.

          “Acquired Indebtedness” means, with respect to any specified Person,

     (1) Indebtedness of any other Person existing at the time such other Person is merged
with or into or became a Restricted Subsidiary of such specified Person, including
Indebtedness incurred in connection with, or in contemplation of, such other Person merging
with or into or becoming a Restricted Subsidiary of such specified Person, and

     (2) Indebtedness secured by a Lien encumbering any asset acquired by such specified
Person.

          “Acquisition” means the transactions contemplated by the Transaction Agreement and the
Second Merger.

 

 

          “Additional Interest” means all additional interest then owing pursuant to the
Registration Rights Agreement.

          “Additional Notes” means additional Notes (other than the Initial Notes and other than
Exchange Notes for such Initial Notes) issued from time to time under this Indenture in accordance
with Sections 2.01 and 4.09 hereof.

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

          “Agent” means any Registrar or Paying Agent.

          “Applicable Premium” means, with respect to any Note on any Redemption Date, the
greater of:

     (1) 1.0% of the principal amount of such Note; and

     (2) the excess, if any, of (a) the present value at such Redemption Date of (i) the
redemption price of such Note at May 1, 2011 (such redemption price being set forth in
Section 3.07 hereof), plus (ii) all required interest payments due on such Note through May
1, 2011 (excluding accrued but unpaid interest to the Redemption Date), computed using a
discount rate equal to the Treasury Rate as of such Redemption Date plus 50 basis points;
over (b) the principal amount of such Note.

          “Applicable Procedures” means, with respect to any transfer or exchange of or for
beneficial interests in any Global Note, the rules and procedures of the Depositary that apply to such transfer or exchange.

          “Asset Sale” means:

     (1) the sale, conveyance, transfer or other disposition, whether in a single
transaction or a series of related transactions, of property or assets (including by way of
a Sale and Lease-Back Transaction) of the Issuer or any of its Restricted Subsidiaries (each
referred to in this definition as a “disposition”); or

     (2) the issuance or sale of Equity Interests of any Restricted Subsidiary, whether in a
single transaction or a series of related transactions; in each case, other than:

     (a) any disposition of Cash Equivalents or obsolete or worn out equipment in
the ordinary course of business or any disposition of inventory or goods (or other
assets) held for sale in the ordinary course of business;

     (b) the disposition of all or substantially all of the assets of the Issuer in
a manner permitted by Section 5.01 hereof or any disposition that constitutes a
Change of Control pursuant to this Indenture;

-2-

 

     (c) the making of any Restricted Payment or Permitted Investment that is
permitted to be made, and is made, under Section 4.07 hereof;

     (d) any disposition of assets or issuance or sale of Equity Interests of any
Restricted Subsidiary in any transaction or series of transactions with an aggregate
fair market value of less than $5.0 million;

     (e) any disposition of property or assets or issuance of securities by a
Restricted Subsidiary of the Issuer to the Issuer or by the Issuer or a Restricted
Subsidiary of the Issuer to another Restricted Subsidiary of the Issuer;

     (f) to the extent allowable under Section 1031 of the Internal Revenue Code of
1986, any exchange of like property (excluding any boot thereon) for use in a
Similar Business;

     (g) the lease, assignment or sub-lease of any real or personal property in the
ordinary course of business;

     (h) any issuance or sale of Equity Interests in, or Indebtedness or other
securities of, an Unrestricted Subsidiary;

     (i) foreclosures on assets;

     (j) sales of accounts receivable, or participations therein, in connection with
any Receivables Facility; and

     (k) any financing transaction with respect to property built or acquired by the
Issuer or any Restricted Subsidiary after the Issue Date, including Sale and
Lease-Back Transactions permitted by this Indenture.

          “Bankruptcy Law” means Title 11, U.S. Code or any similar federal or state law for the
relief of debtors.

          “Broker-Dealer” has the meaning set forth in the Registration Rights Agreement.

          “Business Day” means each day which is not a Legal Holiday.

          “Capital Stock” means:

     (1) in the case of a corporation, corporate stock;

     (2) in the case of an association or business entity, any and all shares, interests,
participations, rights or other equivalents (however designated) of corporate stock;

     (3) in the case of a partnership or limited liability company, partnership or
membership interests (whether general or limited); and

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

-3-

 

          “Capitalized Lease Obligation” means, at the time any determination thereof is to be
made, the amount of the liability in respect of a capital lease that would at such time be required
to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto)
in accordance with GAAP.

          “Capitalized Software Expenditures” shall mean, for any period, the aggregate of all
expenditures (whether paid in cash or accrued as liabilities) by a Person and its Restricted
Subsidiaries during such period in respect of purchased software or internally developed software
and software enhancements that, in conformity with GAAP, are or are required to be reflected as
capitalized costs on the consolidated balance sheet of a Person and its Restricted Subsidiaries.

          “Cash Equivalents” means:

     (1) United States dollars;

     (2) (a) euro, or any national currency of any participating member state of the EMU; or

     (b) in the case of any Foreign Subsidiary that is a Restricted Subsidiary, such local
currencies held by them from time to time in the ordinary course of business;

     (3) securities issued or directly and fully and unconditionally guaranteed or insured
by the U.S. government or any agency or instrumentality thereof the securities of which are
unconditionally guaranteed as a full faith and credit obligation of such government with
maturities of 24 months or less from the date of acquisition;

     (4) certificates of deposit, time deposits and eurodollar time deposits with maturities
of one year or less from the date of acquisition, bankers’ acceptances with maturities not
exceeding one year and overnight bank deposits, in each case with any commercial bank having
capital and surplus of not less than $500.0 million in the case of U.S. banks and $100.0
million (or the U.S. dollar equivalent as of the date of determination) in the case of
non-U.S. banks;

     (5) repurchase obligations for underlying securities of the types described in clauses
(3) and (4) entered into with any financial institution meeting the qualifications specified
in clause (4) above;

     (6) commercial paper rated at least P-1 by Moody’s or at least A-1 by S&P and in each
case maturing within 24 months after the date of creation thereof;

     (7) marketable short-term money market and similar securities having a rating of at
least P-2 or A-2 from either Moody’s or S&P, respectively (or, if at any time neither
Moody’s nor S&P shall be rating such obligations, an equivalent rating from another Rating
Agency) and in each case maturing within 24 months after the date of creation thereof;

     (8) investment funds investing 95% of their assets in securities of the types described
in clauses (1) through (7) above;

     (9) readily marketable direct obligations issued by any state, commonwealth or
territory of the United States or any political subdivision or taxing authority thereof
having an Investment Grade Rating from either Moody’s or S&P with maturities of 24 months or
less from the date of acquisition;

-4-

 

     (10) Indebtedness or Preferred Stock issued by Persons with a rating of “A” or higher
from S&P or “A2” or higher from Moody’s with maturities of 24 months or less from the date
of acquisition; and

     (11) Investments with average maturities of 12 months or less from the date of
acquisition in money market funds rated AAA— (or the equivalent thereof) or better by S&P
or Aaa3 (or the equivalent thereof) or better by Moody’s.

          Notwithstanding the foregoing, Cash Equivalents shall include amounts denominated in
currencies other than those set forth in clauses (1) and (2) above, provided that such
amounts are converted into any currency listed in clauses (1) and (2) as promptly as practicable
and in any event within ten Business Days following the receipt of such amounts.

          “Change of Control” means the occurrence of any of the following:

     (1) the sale, lease or transfer, in one or a series of related transactions, of all or
substantially all of the assets of the Issuer and its Subsidiaries, taken as a whole, to any
Person other than a Permitted Holder; or

     (2) the Issuer becomes aware of (by way of a report or any other filing pursuant to
Section 13(d) of the Exchange Act, proxy, vote, written notice or otherwise) the acquisition
by any Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the
Exchange Act, or any successor provision), including any group acting for the purpose of
acquiring, holding or disposing of securities (within the meaning of Rule 13d-5(b)(1) under
the Exchange Act), other than the Permitted Holders, in a single transaction or in a related
series of transactions, by way of merger, consolidation or other business combination or
purchase of beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act,
or any successor provision) of 50% or more of the total voting power of the Voting Stock of
the Issuer or any of its direct or indirect parent companies holding directly or indirectly
100% of the total voting power of the Voting Stock of the Issuer.

          “Consolidated Depreciation and Amortization Expense” means with respect to any Person
for any period, the total amount of depreciation and amortization expense, including the
amortization of deferred financing fees and Capitalized Software Expenditures of such Person and
its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in
accordance with GAAP.

          “Consolidated Interest Expense” means, with respect to any Person for any period,
without duplication, the sum of:

     (1) consolidated interest expense of such Person and its Restricted Subsidiaries for
such period, to the extent such expense was deducted (and not added back) in computing
Consolidated Net Income (including (a) amortization of original issue discount resulting
from the issuance of Indebtedness at less than par, (b) all commissions, discounts and other
fees and charges owed with respect to letters of credit or bankers acceptances, (c) non-cash
interest payments (but excluding any non-cash interest expense attributable to the movement
in the mark to market valuation of Hedging Obligations or other derivative instruments
pursuant to GAAP), (d) the interest component of Capitalized Lease Obligations, and (e) net
payments, if any, pursuant to interest rate Hedging Obligations with respect to
Indebtedness, and excluding (w) any Additional Interest, (x) amortization of deferred
financing fees, debt issuance costs, commissions, fees and expenses, (y) any expensing of
bridge, commitment and other financing fees and (z) commis-

-5-

 

sions, discounts, yield and other fees and charges (including any interest expense)
related to any Receivables Facility); plus

     (2) consolidated capitalized interest of such Person and its Restricted Subsidiaries
for such period, whether paid or accrued; less

     (3) interest income for such period.

For purposes of this definition, interest on a Capitalized Lease Obligation shall be deemed to
accrue at an interest rate reasonably determined by such Person to be the rate of interest implicit
in such Capitalized Lease Obligation in accordance with GAAP.

          “Consolidated Net Income” means, with respect to any Person for any period, the
aggregate of the Net Income, of such Person and its Restricted Subsidiaries for such period, on a
consolidated basis, and otherwise determined in accordance with GAAP; provided,
however, that, without duplication,

     (1) any after-tax effect of extraordinary, non-recurring or unusual gains or losses
(less all fees and expenses relating thereto) or expenses, severance, relocation costs and
curtailments or modifications to pension and post-retirement employee benefit plans shall be
excluded,

     (2) the Net Income for such period shall not include the cumulative effect of a change
in accounting principles during such period,

     (3) any after-tax effect of income (loss) from discontinued operations and any net
after-tax gains or losses on disposal of disposed, abandoned or discontinued operations
shall be excluded,

     (4) any after-tax effect of gains or losses (less all fees and expenses relating
thereto) attributable to asset dispositions other than in the ordinary course of business,
as determined in good faith by the Issuer, shall be excluded,

     (5) the Net Income for such period of any Person that is not a Subsidiary, or is an
Unrestricted Subsidiary, or that is accounted for by the equity method of accounting, shall
be excluded; provided that Consolidated Net Income of the Issuer shall be increased
by the amount of dividends or distributions or other payments that are actually paid in cash
(or to the extent converted into cash) to the referent Person or a Restricted Subsidiary
thereof in respect of such period by such Person,

     (6) solely for the purpose of determining the amount available for Restricted Payments
under clause (3)(a) of Section 4.07(a) hereof, the Net Income for such period of any
Restricted Subsidiary (other than any Guarantor) shall be excluded if the declaration or
payment of dividends or similar distributions by that Restricted Subsidiary of its Net
Income is not at the date of determination wholly permitted without any prior governmental
approval (which has not been obtained) or, directly or indirectly, by the operation of the
terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule,
or governmental regulation applicable to that Restricted Subsidiary or its stockholders,
unless such restriction with respect to the payment of dividends or similar distributions
has been legally waived, provided that Consolidated Net Income of the Issuer will be
increased by the amount of dividends or other distributions or other payments actually paid
in cash (or to the extent converted into cash) to the Issuer or a Restricted Subsidiary
thereof in respect of such period, to the extent not already included therein,

-6-

 

     (7) effects of adjustments (including the effects of such adjustments pushed down to
the Issuer and its Restricted Subsidiaries) in the property and equipment, software and
other intangible assets, deferred revenue and debt line items in such Person’s consolidated
financial statements pursuant to GAAP resulting from the application of purchase accounting
in relation to the Transaction or any consummated acquisition or the amortization or
write-off of any amounts thereof, net of taxes, shall be excluded,

     (8) any after-tax effect of income (loss) from the early extinguishment of Indebtedness
or Hedging Obligations or other derivative instruments shall be excluded,

     (9) any impairment charge or asset write-off, in each case, pursuant to GAAP and the
amortization of intangibles arising pursuant to GAAP shall be excluded,

     (10) any non-cash compensation expense recorded from grants of stock appreciation or
similar rights, stock options, restricted stock or other rights shall be excluded,

     (11) any fees and expenses incurred during such period, or any amortization thereof for
such period, in connection with any acquisition, Investment, Asset Sale, issuance or
repayment of Indebtedness, issuance of Equity Interests, refinancing transaction or
amendment or modification of any debt instrument (in each case, including any such
transaction consummated prior to the Issue Date and any such transaction undertaken but not
completed) and any charges or non-recurring merger costs incurred during such period as a
result of any such transaction shall be excluded, and

     (12) accruals and reserves that are established within twelve months after the Issue
Date that are so required to be established as a result of the Transaction in accordance
with GAAP shall be excluded.

          Notwithstanding the foregoing, for the purpose of Section 4.07 hereof only (other than clause
(3)(d) of Section 4.07(a) hereof), there shall be excluded from Consolidated Net Income any income
arising from any sale or other disposition of Restricted Investments made by the Issuer and its
Restricted Subsidiaries, any repurchases and redemptions of Restricted Investments from the Issuer
and its Restricted Subsidiaries, any repayments of loans and advances which constitute Restricted
Investments by the Issuer or any of its Restricted Subsidiaries, any sale of the stock of an
Unrestricted Subsidiary or any distribution or dividend from an Unrestricted Subsidiary, in each
case only to the extent such amounts increase the amount of Restricted Payments permitted under
clause (3)(d) of Section 4.07(a) hereof.

          “Contingent Obligations” means, with respect to any Person, any obligation of such
Person guaranteeing any leases, dividends or other obligations that do not constitute Indebtedness
(“primary obligations”) of any other Person (the “primary obligor”) in any manner,
whether directly or indirectly, including, without limitation, any obligation of such Person,
whether or not contingent,

     (1) to purchase any such primary obligation or any property constituting direct or
indirect security therefor,

     (2) to advance or supply funds

     (a) for the purchase or payment of any such primary obligation, or

     (b) to maintain working capital or equity capital of the primary obligor or
otherwise to maintain the net worth or solvency of the primary obligor, or

-7-

 

     (3) to purchase property, securities or services primarily for the purpose of assuring
the owner of any such primary obligation of the ability of the primary obligor to make
payment of such primary obligation against loss in respect thereof.

          “Corporate Trust Office of the Trustee” shall be at the address of the Trustee
specified in Section 14.02 hereof or such other address as to which the Trustee may give notice to
the Holders and the Issuer.

          “Credit Facilities” means, with respect to the Issuer or any of its Restricted
Subsidiaries, one or more debt facilities, including the Senior Credit Facilities, or other
financing arrangements (including, without limitation, commercial paper facilities or indentures)
providing for revolving credit loans, term loans, letters of credit or other long-term
indebtedness, including any notes, mortgages, guarantees, collateral documents, instruments and
agreements executed in connection therewith, and any amendments, supplements, modifications,
extensions, renewals, restatements or refundings thereof and any indentures or credit facilities or
commercial paper facilities that replace, refund or refinance any part of the loans, notes, other
credit facilities or commitments thereunder, including any such replacement, refunding or
refinancing facility or indenture that increases the amount permitted to be borrowed thereunder or
alters the maturity thereof or adds Restricted Subsidiaries as additional borrowers or guarantors
thereunder and whether by the same or any other agent, lender or group of lenders.

          “Custodian” means the Trustee, as custodian with respect to the Notes in global form,
or any successor entity thereto.

          “Default” means any event that is, or with the passage of time or the giving of notice
or both would be, an Event of Default.

          “Definitive Note” means a certificated Note registered in the name of the Holder
thereof and issued in accordance with Section 2.06(c) hereof, substantially in the form of
Exhibit A hereto, except that such Note shall not bear the Global Note Legend and shall not
have the “Schedule of Exchanges of Interests in the Global Note” attached thereto.

          “Depositary” means, with respect to the Notes issuable or issued in whole or in part
in global form, the Person specified in Section 2.03 hereof as the Depositary with respect to the
Notes, and any and all successors thereto appointed as Depositary hereunder and having become such
pursuant to the applicable provision of this Indenture.

          “Designated Non-cash Consideration” means the fair market value of non-cash
consideration received by the Issuer or a Restricted Subsidiary in connection with an Asset Sale
that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate,
setting forth the basis of such valuation, executed by the principal financial officer of the
Issuer, less the amount of cash or Cash Equivalents received in connection with a subsequent sale
of or collection on such Designated Non-cash Consideration.

          “Designated Preferred Stock” means Preferred Stock of the Issuer or any parent
corporation thereof (in each case other than Disqualified Stock) that is issued for cash (other
than to a Restricted Subsidiary or an employee stock ownership plan or trust established by the
Issuer or any of its Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to
an Officer’s Certificate executed by the principal financial officer of the Issuer or the
applicable parent corporation thereof, as the case may be, on the issuance date thereof, the cash
proceeds of which are excluded from the calculation set forth in clause (3) of Section 4.07(a)
hereof.

-8-

 

               “Designated Senior Indebtedness” means:

     (1) any Indebtedness outstanding under the Senior Credit Facilities; and

     (2) any other Senior Indebtedness permitted under this Indenture, the principal amount
of which is $20.0 million or more and that has been specifically designated by the Issuer as
“Designated Senior Indebtedness” for purposes of this Indenture in the instrument evidencing
or governing such Senior Indebtedness.

          “Disqualified Stock” means, with respect to any Person, any Capital Stock of such
Person which, by its terms, or by the terms of any security into which it is convertible or for
which it is putable or exchangeable, or upon the happening of any event, matures or is mandatorily
redeemable (other than solely as a result of a change of control or asset sale) pursuant to a
sinking fund obligation or otherwise, or is redeemable at the option of the holder thereof (other
than solely as a result of a change of control or asset sale), in whole or in part, in each case
prior to the date 91 days after the earlier of the maturity date of the Notes or the date the Notes
are no longer outstanding; provided, however, that if such Capital Stock is issued
to any plan for the benefit of employees of the Issuer or its Subsidiaries or by any such plan to
such employees, such Capital Stock shall not constitute Disqualified Stock solely because it may be
required to be repurchased by the Issuer or its Subsidiaries in order to satisfy applicable
statutory or regulatory obligations.

          “EBITDA” means, with respect to any Person for any period, the Consolidated Net Income
of such Person for such period

     (1) increased (without duplication) by:

     (a) provision for taxes based on income or profits or capital, including,
without limitation, state, franchise and similar taxes and foreign withholding taxes
of such Person paid or accrued during such period deducted (and not added back) in
computing Consolidated Net Income; plus

     (b) Fixed Charges of such Person for such period (including (x) net losses on
Hedging Obligations or other derivative instruments entered into for the purpose of
hedging interest rate risk and (y) costs of surety bonds in connection with
financing activities, in each case, to the extent included in Fixed Charges) to the
extent the same was deducted (and not added back) in calculating such Consolidated
Net Income; plus

     (c) Consolidated Depreciation and Amortization Expense of such Person for such
period to the extent the same were deducted (and not added back) in computing
Consolidated Net Income; plus

     (d) any expenses or charges (other than depreciation or amortization expense)
related to any Equity Offering, Permitted Investment, acquisition, disposition,
recapitalization or the incurrence of Indebtedness permitted to be incurred by this
Indenture (including a refinancing thereof) (whether or not successful), including
(i) such fees, expenses or charges related to the offering of the Notes and the
Credit Facilities and (ii) any amendment or other modification of the Notes, and, in
each case, deducted (and not added back) in computing Consolidated Net Income;
plus

     (e) the amount of any restructuring charge or reserve deducted (and not added
back) in such period in computing Consolidated Net Income, including any one-

-9-

 

time costs incurred in connection with acquisitions after the Issue Date and
costs related to the closure and/or consolidation of facilities; plus

     (f) any other non-cash charges, including any write offs or write downs,
reducing Consolidated Net Income for such period (provided that if any such
non-cash charges represent an accrual or reserve for potential cash items in any
future period, the cash payment in respect thereof in such future period shall be
subtracted from EBITDA to such extent, and excluding amortization of a prepaid cash
item that was paid in a prior period); plus

     (g) the amount of any minority interest expense consisting of Subsidiary income
attributable to minority equity interests of third parties in any non-Wholly Owned
Subsidiary deducted (and not added back) in such period in calculating Consolidated
Net Income; plus

     (h) the amount of loss on sale of receivables and related assets to the
Receivables Subsidiary in connection with a Receivables Facility; plus

     (i) any costs or expense incurred by the Issuer or a Restricted Subsidiary
pursuant to any management equity plan or stock option plan or any other management
or employee benefit plan or agreement or any stock subscription or shareholder
agreement, to the extent that such cost or expenses are funded with cash proceeds
contributed to the capital of the Issuer or net cash proceeds of an issuance of
Equity Interest of the Issuer (other than Disqualified Stock) solely to the extent
that such net cash proceeds are excluded from the calculation set forth in clause
(3) of Section 4.07(a) hereof; plus

     (j) the amount of management, monitoring, consulting and advisory fees and
related expenses paid in such period to the Investors to the extent otherwise
permitted under Section 4.11 hereof; plus

     (k) the amount of net cost savings projected by the Issuer in good faith to be
realized as a result of specified actions taken during such period (calculated on a
pro forma basis as though such cost savings had been realized on the first
day of such period), net of the amount of actual benefits realized during such
period from such actions; provided that (x) such cost savings are reasonably
identifiable and factually supportable, (y) such actions are taken within 12 months
after the Issue Date and (z) the aggregate amount of cost savings added pursuant to
this clause (k) shall not exceed $10.0 million for any four consecutive quarter
period (which adjustments may be incremental to pro forma adjustments made
pursuant to the second paragraph of the definition of “Fixed Charge Coverage
Ratio”); plus

     (2) decreased by (without duplication) non-cash gains increasing Consolidated Net
Income of such Person for such period, excluding any non-cash gains to the extent they
represent the reversal of an accrual or reserve for a potential cash item that reduced
EBITDA in any prior period, and

     (3) increased or decreased by (without duplication):

     (a) any net gain or loss resulting in such period from Hedging Obligations and
the application of Statement of Financial Accounting Standards No. 133;
plus or minus, as applicable,

-10-

 

     (b) any net gain or loss resulting in such period from currency translation
gains or losses related to currency remeasurements of Indebtedness (including any
net loss or gain resulting from hedge agreements for currency exchange risk).

          “EMU” means economic and monetary union as contemplated in the Treaty on European
Union.

          “Equity Interests” means Capital Stock and all warrants, options or other rights to
acquire Capital Stock, but excluding any debt security that is convertible into, or exchangeable
for, Capital Stock.

          “Equity Offering” means any public or private sale of common stock or Preferred Stock
of the Issuer or any of its direct or indirect parent companies (excluding Disqualified Stock),
other than:

     (1) public offerings with respect to the Issuer’s or any direct or indirect parent
company’s common stock registered on Form S-8;

     (2) issuances to any Subsidiary of the Issuer; and

     (3) any such public or private sale that constitutes an Excluded Contribution.

          “euro” means the single currency of participating member states of the EMU.

          “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules
and regulations of the SEC promulgated thereunder.

          “Exchange Notes” means the Notes issued in the Exchange Offer pursuant to Section
2.06(f) hereof.

          “Exchange Offer” has the meaning set forth in the Registration Rights Agreement.

          “Exchange Offer Registration Statement” has the meaning set forth in the Registration
Rights Agreement.

          “Excluded Contribution” means net cash proceeds, marketable securities or Qualified
Proceeds received by the Issuer from

     (1) contributions to its common equity capital, and

     (2) the sale (other than to a Subsidiary of the Issuer or to any management equity plan
or stock option plan or any other management or employee benefit plan or agreement of the
Issuer) of Capital Stock (other than Disqualified Stock and Designated Preferred Stock) of
the Issuer,

in each case designated as Excluded Contributions pursuant to an officer’s certificate executed by
the principal financial officer of the Issuer on the date such capital contributions are made or
the date such Equity Interests are sold, as the case may be, which are excluded from the
calculation set forth in clause (3) of Section 4.07(a) hereof.

          “fair market value” means, with respect to any asset or liability, the fair market
value of such asset or liability as determined by the Issuer in good faith; provided that
if the fair market value is

-11-

 

equal to or exceeds $20.0 million, such determination shall be made by the Board of Directors of
the Issuer.

          “Fixed Charge Coverage Ratio” means, with respect to any Person for any period, the
ratio of EBITDA of such Person for such period to the Fixed Charges of such Person for such period.
In the event that the Issuer or any Restricted Subsidiary incurs, assumes, guarantees, redeems,
retires or extinguishes any Indebtedness (other than Indebtedness incurred under any revolving
credit facility unless such Indebtedness has been permanently repaid and has not been replaced) or
issues or redeems Disqualified Stock or Preferred Stock subsequent to the commencement of the
period for which the Fixed Charge Coverage Ratio is being calculated but prior to or simultaneously
with the event for which the calculation of the Fixed Charge Coverage Ratio is made (the “Fixed
Charge Coverage Ratio Calculation Date”), then the Fixed Charge Coverage Ratio shall be
calculated giving pro forma effect to such incurrence, assumption, guarantee,
redemption, retirement or extinguishment of Indebtedness, or such issuance or redemption of
Disqualified Stock or Preferred Stock, as if the same had occurred at the beginning of the
applicable four-quarter period.

          For purposes of making the computation referred to above, Investments, acquisitions,
dispositions, mergers, consolidations and discontinued operations (as determined in accordance with
GAAP) that have been made by the Issuer or any of its Restricted Subsidiaries during the
four-quarter reference period or subsequent to such reference period and on or prior to or
simultaneously with the Fixed Charge Coverage Ratio Calculation Date shall be calculated on a
pro forma basis assuming that all such Investments, acquisitions, dispositions,
mergers, consolidations and discontinued operations (and the change in any associated fixed charge
obligations and the change in EBITDA resulting therefrom) had occurred on the first day of the
four-quarter reference period. If since the beginning of such period any Person that subsequently
became a Restricted Subsidiary or was merged with or into the Issuer or any of its Restricted
Subsidiaries since the beginning of such period shall have made any Investment, acquisition,
disposition, merger, consolidation or discontinued operation that would have required adjustment
pursuant to this definition, then the Fixed Charge Coverage Ratio shall be calculated giving
pro forma effect thereto for such period as if such Investment, acquisition,
disposition, merger, consolidation or discontinued operation had occurred at the beginning of the
applicable four-quarter period.

          For purposes of this definition, whenever pro forma effect is to be given to a
transaction, the pro forma calculations shall be made in good faith by a
responsible financial or accounting officer of the Issuer. If any Indebtedness bears a floating
rate of interest and is being given pro forma effect, the interest on such
Indebtedness shall be calculated as if the rate in effect on the Fixed Charge Coverage Ratio
Calculation Date had been the applicable rate for the entire period (taking into account any
Hedging Obligations applicable to such Indebtedness). Interest on a Capitalized Lease Obligation
shall be deemed to accrue at an interest rate reasonably determined by a responsible financial or
accounting officer of the Issuer to be the rate of interest implicit in such Capitalized Lease
Obligation in accordance with GAAP. For purposes of making the computation referred to above,
interest on any Indebtedness under a revolving credit facility computed on a pro
forma basis shall be computed based upon the average daily balance of such Indebtedness
during the applicable period except as set forth in the first paragraph of this definition.
Interest on Indebtedness that may optionally be determined at an interest rate based upon a factor
of a prime or similar rate, a eurocurrency interbank offered rate, or other rate, shall be deemed
to have been based upon the rate actually chosen, or, if none, then based upon such optional rate
chosen as the Issuer may designate.

          “Fixed Charges” means, with respect to any Person for any period, the sum, without
duplication, of:

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     (1) Consolidated Interest Expense of such Person for such period;

     (2) all cash dividends or other distributions paid (excluding items eliminated in
consolidation) on any series of Preferred Stock during such period; and

     (3) all cash dividends or other distributions paid (excluding items eliminated in
consolidation) on any series of Disqualified Stock during such period.

          “Foreign Subsidiary” means, with respect to any Person, any Restricted Subsidiary of
such Person that is not organized or existing under the laws of the United States, any state
thereof, the District of Columbia, or any territory thereof and any Restricted Subsidiary of such
Foreign Subsidiary.

          “GAAP” means generally accepted accounting principles in the United States which are
in effect on the Issue Date.

          “Global Note Legend” means the legend set forth in Section 2.06(g)(ii) hereof, which
is required to be placed on all Global Notes issued under this Indenture.

          “Global Notes” means, individually and collectively, each of the Restricted Global
Notes and the Unrestricted Global Notes, substantially in the form of Exhibit A hereto,
issued in accordance with Section 2.01, 2.06(b), 2.06(d) or 2.06(f) hereof.

          “Government Securities” means securities that are:

     (1) direct obligations of the United States of America for the timely payment of which
its full faith and credit is pledged; or

     (2) obligations of a Person controlled or supervised by and acting as an agency or
instrumentality of the United States of America the timely payment of which is
unconditionally guaranteed as a full faith and credit obligation by the United States of
America,

which, in either case, are not callable or redeemable at the option of the issuers thereof, and
shall also include a depository receipt issued by a bank (as defined in Section 3(a)(2) of the
Securities Act), as custodian with respect to any such Government Securities or a specific payment
of principal of or interest on any such Government Securities held by such custodian for the
account of the holder of such depository receipt; provided that (except as required by law)
such custodian is not authorized to make any deduction from the amount payable to the holder of
such depository receipt from any amount received by the custodian in respect of the Government
Securities or the specific payment of principal of or interest on the Government Securities
evidenced by such depository receipt.

          “guarantee” means a guarantee (other than by endorsement of negotiable instruments for
collection in the ordinary course of business), direct or indirect, in any manner (including
letters of credit and reimbursement agreements in respect thereof), of all or any part of any
Indebtedness or other obligations.

          “Guarantee” means the guarantee by any Guarantor of the Issuer’s Obligations under
this Indenture.

          “Guarantor” means each Restricted Subsidiary that Guarantees the Notes in accordance
with the terms of this Indenture.

-13-

 

          “Hedging Obligations” means, with respect to any Person, the obligations of such
Person under any interest rate swap agreement, interest rate cap agreement, interest rate collar
agreement, commodity swap agreement, commodity cap agreement, commodity collar agreement, foreign
exchange contract, currency swap agreement or similar agreement providing for the transfer or
mitigation of interest rate or currency risks either generally or under specific contingencies.

          “Holder” means the Person in whose name a Note is registered on the Registrar’s books.

          “Indebtedness” means, with respect to any Person, without duplication:

     (1) any indebtedness (including principal and premium) of such Person, whether or not
contingent:

     (a) in respect of borrowed money;

     (b) evidenced by bonds, notes, debentures or similar instruments or letters of
credit or bankers’ acceptances (or, without duplication, reimbursement agreements in
respect thereof);

     (c) representing the balance deferred and unpaid of the purchase price of any
property (including Capitalized Lease Obligations), except (i) any such balance that
constitutes a trade payable or similar obligation to a trade creditor, in each case
accrued in the ordinary course of business and (ii) any earn-out obligations until
such obligation becomes a liability on the balance sheet of such Person in
accordance with GAAP; or

     (d) representing any Hedging Obligations;

if and to the extent that any of the foregoing Indebtedness (other than letters of credit and
Hedging Obligations) would appear as a liability upon a balance sheet (excluding the footnotes
thereto) of such Person prepared in accordance with GAAP;

     (2) to the extent not otherwise included, any obligation by such Person to be liable
for, or to pay, as obligor, guarantor or otherwise, on the obligations of the type referred
to in clause (1) of a third Person (whether or not such items would appear upon the balance
sheet of such obligor or guarantor), other than by endorsement of negotiable instruments for
collection in the ordinary course of business; and

     (3) to the extent not otherwise included, the obligations of the type referred to in
clause (1) of a third Person secured by a Lien on any asset owned by such first Person,
whether or not such Indebtedness is assumed by such first Person;

provided, however, that notwithstanding the foregoing, Indebtedness shall be deemed
not to include (a) Contingent Obligations incurred in the ordinary course of business or (b)
obligations under or in respect of Receivables Facilities.

          “Indenture” means this Indenture, as amended or supplemented from time to time.

          “Independent Financial Advisor” means an accounting, appraisal, investment banking
firm or consultant to Persons engaged in Similar Businesses of nationally recognized standing that
is, in the good faith judgment of the Issuer, qualified to perform the task for which it has been
engaged.

-14-

 

          “Indirect Participant” means a Person who holds a beneficial interest in a Global Note
through a Participant.

          “Initial Notes” as defined in the recitals hereto.

          “Initial Purchasers” means Deutsche Bank Securities Inc., J.P. Morgan Securities Inc.
and Lehman Brothers Inc.

          “Investment Grade Rating” means a rating equal to or higher than Baa3 (or the
equivalent) by Moody’s and BBB- (or the equivalent) by S&P, or an equivalent rating by any other
Rating Agency.

          “Investments” means, with respect to any Person, all investments by such Person in
other Persons (including Affiliates) in the form of loans (including guarantees), advances or
capital contributions (excluding accounts receivable, trade credit, advances to customers,
commission, travel and similar advances to officers and employees, in each case made in the
ordinary course of business), purchases or other acquisitions for consideration of Indebtedness,
Equity Interests or other securities issued by any other Person and investments that are required
by GAAP to be classified on the balance sheet (excluding the footnotes) of the Issuer in the same
manner as the other investments included in this definition to the extent such transactions involve
the transfer of cash or other property. For purposes of the definition of “Unrestricted
Subsidiary” and Section 4.07 hereof:

     (1) “Investments” shall include the portion (proportionate to the Issuer’s equity
interest in such Subsidiary) of the fair market value of the net assets of a Subsidiary of
the Issuer at the time that such Subsidiary is designated an Unrestricted Subsidiary;
provided, however, that upon a redesignation of such Subsidiary as a
Restricted Subsidiary, the Issuer shall be deemed to continue to have a permanent
“Investment” in an Unrestricted Subsidiary in an amount (if positive) equal to:

     (a) the Issuer’s “Investment” in such Subsidiary at the time of such
redesignation; less

     (b) the portion (proportionate to the Issuer Equity Interest in such
Subsidiary) of the fair market value of the net assets of such Subsidiary at the
time of such redesignation; and

     (2) any property transferred to or from an Unrestricted Subsidiary shall be valued at
its fair market value at the time of such transfer.

          “Investors” means Hellman & Friedman Capital Partners V, L.P., Thoma Cressa Fund VII,
L.P. and JMI Equity and each of their respective Affiliates but not including, however, any
portfolio companies of any of the foregoing.

          “Issue Date” means May 2, 2006.

          “Issuer” means (a) prior to the consummation of the First Merger, Lone Star Merger
Corp. and not any of its Affiliates, (b) following the consummation of the First Merger until the
consummation of the Second Merger, Activant Solutions Holdings Inc. and (c) from and after the
consummation of the Second Merger, Activant Solutions Inc. and not any of its Subsidiaries.

-15-

 

          “Issuer Order” means a written request or order signed on behalf of the Issuer
by an Officer of the Issuer, who must be the principal executive officer, the principal financial
officer, the treasurer or the principal accounting officer of the Issuer, and delivered to the
Trustee.

          “Legal Holiday” means a Saturday, a Sunday or a day on which commercial banking
institutions are not required to be open in the State of New York or the city in which the
Corporate Trust Office or Paying Agent is located.

          “Letter of Transmittal” means the letter of transmittal to be prepared by the Issuer
and sent to all Holders of the Notes for use by such Holders in connection with the Exchange Offer.

          “Lien” means, with respect to any asset, any mortgage, lien (statutory or otherwise),
pledge, hypothecation, charge, security interest, preference, priority or encumbrance of any kind
in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable
law, including any conditional sale or other title retention agreement, any lease in the nature
thereof, any option or other agreement to sell or give a security interest in and any filing of or
agreement to give any financing statement under the Uniform Commercial Code (or equivalent
statutes) of any jurisdiction; provided that in no event shall an operating lease be deemed
to constitute a Lien.

          “Moody’s” means Moody’s Investors Service, Inc. and any successor to its rating agency
business.

          “Net Income” means, with respect to any Person, the net income (loss) of such Person,
determined in accordance with GAAP and before any reduction in respect of Preferred Stock
dividends.

          “Net Proceeds” means the aggregate cash proceeds received by the Issuer or any of its
Restricted Subsidiaries in respect of any Asset Sale, including any cash received upon the sale or
other disposition of any Designated Non-cash Consideration received in any Asset Sale, net of the
direct costs relating to such Asset Sale and the sale or disposition of such Designated Non-cash
Consideration, including legal, accounting and investment banking fees, and brokerage and sales
commissions, any relocation expenses incurred as a result thereof, taxes paid or payable as a
result thereof (after taking into account any available tax credits or deductions and any tax
sharing arrangements), amounts required to be applied to the repayment of principal, premium, if
any, and interest on Senior Indebtedness secured by a Lien on the assets disposed of required
(other than required by clause (1) of Section 4.10(b) hereof) to be paid as a result of such
transaction and any deduction of appropriate amounts to be provided by the Issuer or any of its
Restricted Subsidiaries as a reserve in accordance with GAAP against any liabilities associated
with the asset disposed of in such transaction and retained by the Issuer or any of its Restricted
Subsidiaries after such sale or other disposition thereof, including pension and other
post-employment benefit liabilities and liabilities related to environmental matters or against any
indemnification obligations associated with such transaction.

          “Non-U.S. Person” means a Person who is not a U.S. Person.

          “Notes” means the Initial Notes and more particularly means any Note authenticated and
delivered under this Indenture. For all purposes of this Indenture, the term “Notes” shall also
include any Additional Notes that may be issued under a supplemental indenture. For purposes of
this Indenture, all references to Notes to be issued or authenticated upon transfer, replacement or
exchange shall be deemed to refer to Notes of the applicable series.

          “Obligations” means any principal, interest (including any interest accruing
subsequent to the filing of a petition in bankruptcy, reorganization or similar proceeding at the
rate provided for in the

-16-

 

documentation with respect thereto, whether or not such interest is an
allowed claim under applicable state, federal or foreign law), penalties, fees, indemnifications,
reimbursements (including reimbursement obligations with respect to letters of credit and banker’s
acceptances), damages and other liabilities, and guarantees of payment of such principal, interest,
penalties, fees, indemnifications, reimbursements, damages and other liabilities, payable under the
documentation governing any Indebtedness.

          “Offering Memorandum” means the offering memorandum, dated April 27, 2006, relating to
the sale of the Initial Notes.

          “Officer” means the Chairman of the Board, the Chief Executive Officer, the President,
any Executive Vice President, Senior Vice President or Vice President, the Treasurer or the
Secretary of the Issuer.

          “Officer’s Certificate” means a certificate signed on behalf of the Issuer by an
Officer of the Issuer, who must be the principal executive officer, the principal financial
officer, the treasurer or the principal accounting officer of the Issuer, that meets the
requirements set forth in this Indenture.

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

          “Participant” means, with respect to the Depositary, a Person who has an account with
the Depositary.

          “Parent Company” means any direct or indirect parent company of the Issuer which
directly or indirectly holds 100% of the total voting power of the Voting Stock of the Issuer and
which the Permitted Holders (other than such Parent Company) holds 50% or more of the total voting
power of the Voting Stock of such parent company.

          “Permitted Asset Swap” means the concurrent purchase and sale or exchange of Related
Business Assets or a combination of Related Business Assets and cash or Cash Equivalents between
the Issuer or any of its Restricted Subsidiaries and another Person; provided, that any
cash or Cash Equivalents received must be applied in accordance with Section 4.10 hereof.

          “Permitted Holders” means each of the Investors and members of management of the
Issuer (or its direct parent) who are holders of Equity Interests of the Issuer (or any of its
direct or indirect parent companies) on the Issue Date, any Parent Company and any group (within
the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act or any successor provision)
of which any of the foregoing are members; provided, that, in the case of such group and
without giving effect to the existence of such group or any other group, such Investors and members
of management, collectively, have beneficial ownership of more than 50% of the total voting power
of the Voting Stock of the Issuer or any of its direct or indirect parent companies.

          “Permitted Investments” means:

     (1) any Investment in the Issuer or any of its Restricted Subsidiaries;

     (2) any Investment in cash and Cash Equivalents;

     (3) any Investment by the Issuer or any of its Restricted Subsidiaries in a Person that
is engaged in a Similar Business if as a result of such Investment:

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     (a) such Person becomes a Restricted Subsidiary; or

     (b) such Person, in one transaction or a series of related transactions, is
merged or consolidated with or into, or transfers or conveys substantially all of
its assets to, or is liquidated into, the Issuer or a Restricted Subsidiary,

and, in each case, any Investment held by such Person; provided, that such Investment was
not acquired by such Person in contemplation of such acquisition, merger, consolidation or
transfer;

     (4) any Investment in securities or other assets not constituting cash or Cash
Equivalents and received in connection with an Asset Sale made pursuant to the provisions of
Section 4.10 hereof or any other disposition of assets not constituting an Asset Sale;

     (5) any Investment existing on the Issue Date;

     (6) any Investment acquired by the Issuer or any of its Restricted Subsidiaries:

     (a) in exchange for any other Investment or accounts receivable held by the
Issuer or any such Restricted Subsidiary in connection with or as a result of a
bankruptcy, workout, reorganization or recapitalization of the issuer of such other
Investment or accounts receivable; or

     (b) as a result of a foreclosure by the Issuer or any of its Restricted
Subsidiaries with respect to any secured Investment or other transfer of title with
respect to any secured Investment in default;

     (7) Hedging Obligations permitted under clause (10) of Section 4.09(b) hereof;

     (8) any Investment in a Similar Business having an aggregate fair market value, taken
together with all other Investments made pursuant to this clause (8) that are at that time
outstanding, not to exceed the greater of (x) $15.0 million and (y) 1.5% of Total Assets at
the time of such Investment (with the fair market value of each Investment being measured at
the time made and without giving effect to subsequent changes in value);

     (9) Investments the payment for which consists of Equity Interests (exclusive of
Disqualified Stock) of the Issuer, or any of its direct or indirect parent companies;
provided, however, that such Equity Interests will not increase the amount
available for Restricted Payments under clause (3) of Section 4.07(a) hereof;

     (10) guarantees of Indebtedness permitted under Section 4.09 hereof and the creation of
liens on the assets of the Issuer or any of its Restricted Subsidiaries in compliance with
Section 4.12 hereof;

     (11) any transaction to the extent it constitutes an Investment that is permitted and
made in accordance with the provisions of Section 4.11(b) hereof (except transactions
described in clauses (2) and (5) of Section 4.11(b) hereof);

     (12) Investments consisting of purchases and acquisitions of inventory, supplies,
material or equipment;

-18-

 

     (13) additional Investments having an aggregate fair market value, taken together with
all other Investments made pursuant to this clause (13) that are at that time outstanding
(without giving effect to the sale of an Unrestricted Subsidiary to the extent the proceeds
of such sale do not consist of cash or marketable securities), not to exceed the greater of
(x) $20.0 million and (y) 2.0% of Total Assets at the time of such Investment (with the fair
market value of each Investment being measured at the time made and without giving effect to
subsequent changes in value);

     (14) Investments relating to a Receivables Subsidiary that, in the good faith
determination of the Issuer, are necessary or advisable to effect any Receivables Facility;

     (15) loans and advances to, or guarantees of Indebtedness of, officers, directors and
employees in an amount not to exceed $2.0 million at any time outstanding; and

     (16) loans and advances to officers, directors and employees for business related
travel expenses, moving expenses and other similar expenses, in each case incurred in the
ordinary course of business consistent with past practice.

          “Permitted Junior Securities” means:

     (1) Equity Interests in any direct or indirect parent of the Issuer; or

     (2) unsecured debt securities that are subordinated to all Senior Indebtedness (and any
debt securities issued in exchange for Senior Indebtedness) to substantially the same extent
as, or to a greater extent than, the Notes and the related Guarantees are subordinated to
Senior Indebtedness under this Indenture and which (i) do not mature or become subject to a
mandatory redemption obligation prior to the final maturity of the Notes, (ii) do not
require the cash, payment of interest or other cash amounts until all Senior Indebtedness
then outstanding has been paid in full in cash and (iii) if guaranteed, are only guaranteed
by Subsidiaries of the Issuer that have guaranteed Senior Indebtedness of the Issuer;
provided that the term “Permitted Junior Securities” shall not include any
securities distributed pursuant to a plan of reorganization if the Indebtedness under the
Senior Credit Facilities is treated as part of the same class as the Notes for purposes of
such plan of reorganization; provided, further, that to the extent that any
Senior Indebtedness of the Issuer or the Guarantors outstanding on the date of consummation
of any such plan of reorganization is not paid in full in cash on such date, the holders of
any such Senior Indebtedness not so paid in full in cash have consented to the terms of such
plan of reorganization.

          “Permitted Liens” means, with respect to any Person:

     (1) pledges or deposits by such Person under workmen’s compensation laws, unemployment
insurance laws or similar legislation, or good faith deposits in connection with bids,
tenders, contracts (other than for the payment of Indebtedness) or leases to which such
Person is a party, or deposits to secure public or statutory obligations of such Person or
deposits of cash or U.S. government bonds to secure surety or appeal bonds to which such
Person is a party, or deposits as security for contested taxes or import duties or for the
payment of rent, in each case incurred in the ordinary course of business;

     (2) Liens imposed by law, such as carriers’, warehousemen’s and mechanics’ Liens, in
each case for sums not yet overdue for a period of more than 30 days or being contested in
good faith by appropriate proceedings or other Liens arising out of judgments or awards
against such Person with respect to which such Person shall then be proceeding with an
appeal or other

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proceedings for review if adequate reserves with respect thereto are
maintained on the books of such Person in accordance with GAAP;

     (3) Liens for taxes, assessments or other governmental charges not yet overdue for a
period of more than 30 days or payable or subject to penalties for nonpayment or which are
being contested in good faith by appropriate proceedings diligently conducted, if adequate
reserves with respect thereto are maintained on the books of such Person in accordance with
GAAP;

     (4) Liens in favor of issuers of performance and surety bonds or bid bonds or with
respect to other regulatory requirements or letters of credit issued pursuant to the request
of and for the account of such Person in the ordinary course of its business;

     (5) minor survey exceptions, minor encumbrances, easements or reservations of, or
rights of others for, licenses, rights-of-way, sewers, electric lines, telegraph and
telephone lines and other similar purposes, or zoning or other restrictions as to the use of
real properties or Liens incidental, to the conduct of the business of such Person or to the
ownership of its properties which were not incurred in connection with Indebtedness and
which do not in the aggregate materially adversely affect the value of said properties or
materially impair their use in the operation of the business of such Person;

     (6) Liens securing Indebtedness permitted to be incurred pursuant to clause (18) of
Section 4.09(b) hereof; provided that such Liens extend only to the assets of
Foreign Subsidiaries;

     (7) Liens existing on the Issue Date;

     (8) Liens on property or shares of stock of a Person at the time such Person becomes a
Subsidiary; provided, however, such Liens are not created or incurred in
connection with, or in contemplation of, such other Person becoming such a Subsidiary;
provided, further, however, that such Liens may not extend to any
other property owned by the Issuer or any of its Restricted Subsidiaries;

     (9) Liens on property at the time the Issuer or a Restricted Subsidiary acquired the
property, including any acquisition by means of a merger or consolidation with or into the
Issuer or any of its Restricted Subsidiaries; provided, however, that such
Liens are not created or incurred in connection with, or in contemplation of, such
acquisition; provided, further, however, that the Liens may not
extend to any other property owned by the Issuer or any of its Restricted Subsidiaries;

     (10) Liens securing Indebtedness or other obligations of a Restricted Subsidiary owing
to the Issuer or another Restricted Subsidiary permitted to be incurred in accordance with
Section 4.09 hereof;

     (11) Liens securing Hedging Obligations;

     (12) Liens on specific items of inventory of other goods and proceeds of any Person
securing such Person’s obligations in respect of bankers’ acceptances issued or created for
the account of such Person to facilitate the purchase, shipment or storage of such inventory
or other goods;

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     (13) leases, subleases, licenses or sublicenses granted to others in the ordinary
course of business which do not materially interfere with the ordinary conduct of the
business of the Issuer or any of its Restricted Subsidiaries and do not secure any
Indebtedness;

     (14) Liens arising from Uniform Commercial Code financing statement filings regarding
operating leases entered into by the Issuer and its Restricted Subsidiaries in the ordinary
course of business;

     (15) Liens in favor of the Issuer or any Guarantor;

     (16) Liens on equipment of the Issuer or any of its Restricted Subsidiaries granted in
the ordinary course of business to the Issuer’s clients;

     (17) Liens on accounts receivable and related assets incurred in connection with a
Receivables Facility;

     (18) Liens to secure any refinancing, refunding, extension, renewal or replacement (or
successive refinancing, refunding, extensions, renewals or replacements) as a whole, or in
part, of any Indebtedness secured by any Lien referred to in the foregoing clauses (6), (7),
(8) and (9); provided, however, that (a) such new Lien shall be limited to
all or part of the same property that secured the original Lien (plus improvements on such
property), and (b) the Indebtedness secured by such Lien at such time is not increased to
any amount greater than the sum of (i) the outstanding principal amount or, if greater,
committed amount of the Indebtedness described under clauses (6), (7), (8) and (9) at the
time the original Lien became a Permitted Lien under this Indenture, and (ii) an amount
necessary to pay any fees and expenses, including premiums, related to such refinancing,
refunding, extension, renewal or replacement;

     (19) deposits made in the ordinary course of business to secure liability to insurance
carriers;

     (20) other Liens securing obligations incurred in the ordinary course of business which
obligations do not exceed $10.0 million at any one time outstanding;

     (21) Liens securing judgments for the payment of money not constituting an Event of
Default under clause (5) under Section 6.01 hereof so long as such Liens are adequately
bonded and any appropriate legal proceedings that may have been duly initiated for the
review of such judgment have not been finally terminated or the period within which such
proceedings may be initiated has not expired;

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

     (23) Liens (i) of a collection bank arising under Section 4-210 of the Uniform
Commercial Code on items in the course of collection, (ii) attaching to commodity trading
accounts or other commodity brokerage accounts incurred in the ordinary course of business,
and (iii) in favor of banking institutions arising as a matter of law encumbering deposits
(including the right of set-off) and which are within the general parameters customary in
the banking industry;

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     (24) Liens deemed to exist in connection with Investments in repurchase agreements
permitted under Section 4.09 hereof; provided that such Liens do not extend to any
assets other than those that are the subject of such repurchase agreement;

     (25) Liens encumbering reasonable customary initial deposits and margin deposits and
similar Liens attaching to commodity trading accounts or other brokerage accounts incurred
in the ordinary course of business and not for speculative purposes; and

     (26) Liens that are contractual rights of set-off (i) relating to the establishment of
depository relations with banks not given in connection with the issuance of Indebtedness,
(ii) relating to pooled deposit or sweep accounts of the Issuer or any of its Restricted
Subsidiaries to permit satisfaction of overdraft or similar obligations incurred in the
ordinary course of business of the Issuer and its Restricted Subsidiaries or (iii) relating
to purchase orders and other agreements entered into with customers of the Issuer or any of
its Restricted Subsidiaries in the ordinary course of business.

          For purposes of this definition, the term “Indebtedness” shall be deemed to include interest
on such Indebtedness.

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

          “Preferred Stock” means any Equity Interest with preferential rights of payment of
dividends or upon liquidation, dissolution, or winding up.

          “Private Placement Legend” means the legend set forth in Section 2.06(g)(i) hereof to
be placed on all Notes issued under this Indenture, except where otherwise permitted by the
provisions of this Indenture.

          “QIB” means a “qualified institutional buyer” as defined in Rule 144A.

          “Qualified Proceeds” means the fair market value of assets that are used or useful in,
or Capital Stock of any Person engaged in, a Similar Business.

          “Rating Agencies” means Moody’s and S&P or if Moody’s or S&P or both shall not make a
rating on the Notes publicly available, a nationally recognized statistical rating agency or
agencies, as the case may be, selected by the Issuer which shall be substituted for Moody’s or S&P
or both, as the case may be.

          “Receivables Facility” means any of one or more receivables financing facilities as
amended, supplemented, modified, extended, renewed, restated or refunded from time to time, the
Obligations of which are non-recourse (except for customary representations, warranties, covenants
and indemnities made in connection with such facilities) to the Issuer or any of its Restricted
Subsidiaries (other than a Receivables Subsidiary) pursuant to which the Issuer or any of its
Restricted Subsidiaries sells its accounts receivable to either (a) a Person that is not a
Restricted Subsidiary or (b) a Receivables Subsidiary that in turn sells its accounts receivable to
a Person that is not a Restricted Subsidiary.

          “Receivables Fees” means distributions or payments made directly or by means of
discounts with respect to any accounts receivable or participation interest therein issued or sold
in connec-

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tion with, and other fees paid to a Person that is not a Restricted Subsidiary in connection
with, any Receivables Facility.

          “Receivables Subsidiary” means any Subsidiary formed for the purpose of, and that
solely engages only in one or more Receivables Facilities and other activities reasonably related
thereto.

          “Record Date” for the interest or Additional Interest, if any, payable on any
applicable Interest Payment Date means April 15 or October 15 (whether or not a Business Day) next
preceding such Interest Payment Date.

          “Registration Rights Agreement” means the Registration Rights Agreement with respect
to the Notes dated as of the Issue Date, among the Issuer, the Guarantors and the Initial
Purchasers, as such agreement may be amended, modified or supplemented from time to time and, with
respect to any Additional Notes, one or more registration rights agreements between the Issuer and
the other parties thereto, as such agreement(s) may be amended, modified or supplemented from time
to time, relating to rights given by the Issuer to the purchasers of Additional Notes to register
such Additional Notes under the Securities Act.

          “Regulation S” means Regulation S promulgated under the Securities Act.

          “Regulation S Global Note” means a permanent Global Note in the form of Exhibit
A hereto, bearing the Global Note Legend and the Private Placement Legend and deposited with or
on behalf of and registered in the name of the Depositary or its nominee, issued in a denomination
equal to the principal amount of the Notes initially sold in reliance on Rule 903.

          “Related Business Assets” means assets (other than cash or Cash Equivalents) used or
useful in a Similar Business, provided that any assets received by the Issuer or a
Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary
shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless
upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

          “Representative” means any trustee, agent or representative (if any) for an issue of
Senior Indebtedness of the Issuer or any Guarantor.

          “Responsible Officer” means, when used with respect to the Trustee, any officer within
the corporate trust department of the Trustee, including any vice president, assistant vice
president, assistant secretary, assistant treasurer, trust officer or any other officer of the
Trustee who customarily performs functions similar to those performed by the Persons who at the
time shall be such officers, respectively, or to whom any corporate trust matter is referred
because of such Person’s knowledge of and familiarity with the particular subject and who shall
have direct responsibility for the administration of this Indenture.

          “Restricted Definitive Note” means a Definitive Note bearing the Private Placement
Legend.

          “Restricted Global Note” means a Global Note bearing the Private Placement Legend.

          “Restricted Investment” means an Investment other than a Permitted Investment.

          “Restricted Period” means the 40-day distribution compliance period as defined in
Regulation S.

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          “Restricted Subsidiary” means, at any time, any direct or indirect Subsidiary of the
Issuer (including any Foreign Subsidiary) that is not then an Unrestricted Subsidiary;
provided, however, that upon the occurrence of an Unrestricted Subsidiary ceasing
to be an Unrestricted Subsidiary, such Subsidiary shall be included in the definition of
“Restricted Subsidiary.”

          “Rule 144” means Rule 144 promulgated under the Securities Act.

          “Rule 144A” means Rule 144A promulgated under the Securities Act.

          “Rule 903” means Rule 903 promulgated under the Securities Act.

          “Rule 904” means Rule 904 promulgated under the Securities Act.

          “S&P” means Standard & Poor’s, a division of The McGraw-Hill Companies, Inc., and any
successor to its rating agency business.

          “Sale and Lease-Back Transaction” means any arrangement providing for the leasing by
the Issuer or any of its Restricted Subsidiaries of any real or tangible personal property, which
property has been or is to be sold or transferred by the Issuer or such Restricted Subsidiary to a
third Person in contemplation of such leasing.

          “SEC” means the U.S. Securities and Exchange Commission.

          “Secured Indebtedness” means any Indebtedness of the Issuer or any of its Restricted
Subsidiaries secured by a Lien.

          “Securities Act” means the Securities Act of 1933, as amended, and the rules and
regulations of the SEC promulgated thereunder.

          “Senior Credit Facilities” means the Credit Facility under the Credit Agreement to be
entered into as of the Issue Date by and among Lone Star Holding Corp., the Issuer, the lenders
party thereto in their capacities as lenders thereunder and Deutsche Bank Trust Company Americas,
as Administrative Agent, including any guarantees, collateral documents, instruments and agreements
executed in connection therewith, and any amendments, supplements, modifications, extensions,
renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities
or commercial paper facilities with banks or other institutional lenders or investors that replace,
refund or refinance any part of the loans, notes, other credit facilities or commitments
thereunder, including any such replacement, refunding or refinancing facility or indenture that
increases the amount borrowable thereunder or alters the maturity thereof.

          “Senior Indebtedness” means:

     (1) all Indebtedness of the Issuer or any Guarantor outstanding under the Credit
Facilities (including interest accruing on or after the filing of any petition in bankruptcy
or similar proceeding or for reorganization of the Issuer or any Guarantor (at the rate
provided for in the documentation with respect thereto, regardless of whether or not a claim
for post-filing interest is allowed in such proceedings)), and any and all other fees,
expense reimbursement obligations, indemnification amounts, penalties, and other amounts
(whether existing on the Issue Date or thereafter created or incurred) and all obligations
of the Issuer or any Guarantor to reimburse any bank or other Person in respect of amounts
paid under letters of credit, acceptances or other similar instruments;

-24-

 

     (2) all Hedging Obligations (and guarantees thereof) owing at any time to a lender or
an affiliate of a lender under any Credit Facilities;

     (3) any other Indebtedness of the Issuer or any Guarantor permitted to be incurred
under the terms of this Indenture, unless the instrument under which such Indebtedness is
incurred expressly provides that it is on a parity with or subordinated in right of payment
to the Notes or any related Guarantee; and

     (4) all Obligations with respect to the items listed in the preceding clauses (1), (2)
and (3);

provided, however, that Senior Indebtedness shall not include:

     (a) any obligation of such Person to the Issuer or any of its Subsidiaries;

     (b) any liability for federal, state, local or other taxes owed or owing by such
Person;

     (c) any accounts payable or other liability to trade creditors arising in the ordinary
course of business; provided that obligations incurred pursuant to the Credit
Facilities shall not be excluded pursuant to this clause (c);

     (d) any Indebtedness or other Obligation of such Person which is subordinate or junior
in any respect to any other Indebtedness or other Obligation of such Person;

     (e) that portion of any Indebtedness which at the time of incurrence is incurred in
violation of this Indenture; provided, however, that (x) with respect to any
Indebtedness incurred under any of the Credit Facilities, no such violation shall be deemed
to exist for the purposes of this clause (e) if the holders of such Indebtedness or their
representative shall have received an Officer’s Certificate (or representation and warranty)
to the effect that the incurrence of the Indebtedness does not (or, in the case of a
revolving credit facility thereunder, the incurrence of the entire committed amount thereof
at the date on which the initial borrowing thereunder is made would not) violate this
Indenture; or

     (f) the Notes or the Guarantees of the Notes.

          “Senior Subordinated Indebtedness” means:

     (1) with respect to the Issuer, Indebtedness which ranks equal in right of payment to
the Notes issued by the Issuer; and

     (2) with respect to any Guarantor, Indebtedness which ranks equal in right of payment
to the Guarantee of such entity of Notes.

          “Shelf Registration Statement” means the Shelf Registration Statement as defined in
the Registration Rights Agreement.

          “Significant Subsidiary” means any Restricted Subsidiary that would be a “significant
subsidiary” as defined in Article 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the
Securities Act, as such regulation is in effect on the Issue Date.

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          “Similar Business” means any business conducted or proposed to be conducted by the
Issuer and its Restricted Subsidiaries on the Issue Date or any business that is similar,
reasonably related, incidental or ancillary thereto.

          “Subordinated Indebtedness” means, with respect to the Notes,

     (1) any Indebtedness of the Issuer which is by its terms subordinated in right of
payment to the Notes, and

     (2) any Indebtedness of any Guarantor which is by its terms subordinated in right of
payment to the Guarantee of such entity of the Notes.

          “Subsidiary” means, with respect to any Person:

     (1) any corporation, association, or other business entity (other than a partnership,
joint venture, limited liability company or similar entity) of which more than 50% of the
total voting power of shares of Capital Stock entitled (without regard to the occurrence of
any contingency) to vote in the election of directors, managers or trustees thereof is at
the time of determination owned or controlled, directly or indirectly, by such Person or one
or more of the other Subsidiaries of that Person or a combination thereof or is consolidated
under GAAP with such Person at such time; and

     (2) any partnership, joint venture, limited liability company or similar entity of
which

     (x) more than 50% of the capital accounts, distribution rights, total equity
and voting interests or general or limited partnership interests, as applicable, are
owned or controlled, directly or indirectly, by such Person or one or more of the
other Subsidiaries of that Person or a combination thereof whether in the form of
membership, general, special or limited partnership or otherwise, and

     (y) such Person or any Restricted Subsidiary of such Person is a controlling
general partner or otherwise controls such entity.

          “Tender Offers” means the offers to purchase all outstanding debt securities of
Activant Holdings and Activant on the Issue Date as described in the Offering Memorandum.

          “Total Assets” means the total assets of the Issuer and its Restricted Subsidiaries on
a consolidated basis, as shown on the most recent balance sheet of the Issuer or such other Person
as may be expressly stated.

          “Transaction” means the Acquisition, the issuance of the Notes, the Tender Offers and
borrowings under the Senior Credit Facilities as in effect on the Issue Date and the other related
transactions to be consummated in connection with the foregoing on or shortly following the Closing
Date and any redemption, purchase, defeasance or other acquisition or retirement for value of any
debt securities of Activant that were outstanding immediately prior to the Issue Date in accordance
with the terms of the indentures governing such securities.

          “Transaction Agreement” means the Agreement and Plan of Merger, dated as of March 12,
2006 between Lone Star Holding Corp., Lone Star Merger Corp. and Activant Solutions Holdings Inc.
as the same may be amended prior to the Issue Date.

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          “Treasury Rate” means, as of any Redemption Date, the yield to maturity as of such
Redemption Date of United States Treasury securities with a constant maturity (as compiled and
published in the most recent Federal Reserve Statistical Release H.15 (519) that has become
publicly available at least two Business Days prior to the Redemption Date (or, if such Statistical
Release is no longer published, any publicly available source of similar market data)) most nearly
equal to the period from the Redemption Date to May 1, 2011; provided, however,
that if the period from the Redemption Date to May 1, 2011 is less than one year, the weekly
average yield on actually traded United States Treasury securities adjusted to a constant maturity
of one year will be used.

          “Trust Indenture Act” means the Trust Indenture Act of 1939, as amended (15 U.S.C §§
77aaa-777bbbb).

          “Trustee” means Wells Fargo Bank, National Association, as trustee, until a successor
replaces it in accordance with the applicable provisions of this Indenture and thereafter means the
successor serving hereunder.

          “Unrestricted Definitive Note” means one or more Definitive Notes that do not bear and
are not required to bear the Private Placement Legend.

          “Unrestricted Global Note” means a permanent Global Note, substantially in the form of
Exhibit A attached hereto, that bears the Global Note Legend and that has the “Schedule of
Exchanges of Interests in the Global Note” attached thereto, and that is deposited with or on
behalf of and registered in the name of the Depositary, representing Notes that do not bear the
Private Placement Legend.

          “Unrestricted Subsidiary” means:

     (1) any Subsidiary of the Issuer which at the time of determination is an Unrestricted
Subsidiary (as designated by the Issuer, as provided below); and

     (2) any Subsidiary of an Unrestricted Subsidiary.

          The Issuer may designate any Subsidiary of the Issuer (including any existing Subsidiary and
any newly acquired or newly formed Subsidiary) to be an Unrestricted Subsidiary unless such
Subsidiary or any of its Subsidiaries owns any Equity Interests or Indebtedness of, or owns or
holds any Lien on, any property of, the Issuer or any Subsidiary of the Issuer (other than solely
any Subsidiary of the Subsidiary to be so designated); provided that

     (1) any Unrestricted Subsidiary must be an entity of which the Equity Interests
entitled to cast at least a majority of the votes that may be cast by all Equity Interests
having ordinary voting power for the election of directors or Persons performing a similar
function are owned, directly or indirectly, by the Issuer;

     (2) such designation complies with Section 4.07 hereof; and

     (3) each of:

     (a) the Subsidiary to be so designated; and

     (b) its Subsidiaries

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has not at the time of designation, and does not thereafter, create, incur, issue, assume,
guarantee or otherwise become directly or indirectly liable with respect to any Indebtedness
pursuant to which the lender has recourse to any of the assets of the Issuer or any Restricted
Subsidiary.

          The Issuer may designate any Unrestricted Subsidiary to be a Restricted Subsidiary;
provided that, immediately after giving effect to such designation, no Default shall have
occurred and be continuing and either:

     (1) the Issuer could incur at least $1.00 of additional Indebtedness pursuant to the
Fixed Charge Coverage Ratio test described in Section 4.09(a) hereof; or

     (2) the Fixed Charge Coverage Ratio for the Issuer its Restricted Subsidiaries would be
greater than such ratio for the Issuer and its Restricted Subsidiaries immediately prior to
such designation, in each case on a pro forma basis taking into account such
designation.

          Any such designation by the Issuer shall be notified by the Issuer to the Trustee by promptly
filing with the Trustee a copy of the resolution of the board of directors of the Issuer or any
committee thereof giving effect to such designation and an Officer’s Certificate certifying that
such designation complied with the foregoing provisions.

          “U.S. Person” means a U.S. person as defined in Rule 902(k) under the Securities Act.

          “Voting Stock” of any Person as of any date means the Capital Stock of such Person
that is at the time entitled to vote in the election of the board of directors of such Person.

          “Weighted Average Life to Maturity” means, when applied to any Indebtedness,
Disqualified Stock or Preferred Stock, as the case may be, at any date, the quotient obtained by
dividing:

     (1) the sum of the products of the number of years from the date of determination to
the date of each successive scheduled principal payment of such Indebtedness or redemption
or similar payment with respect to such Disqualified Stock or Preferred Stock multiplied by
the amount of such payment; by

     (2) the sum of all such payments.

          “Wholly-Owned Subsidiary” of any Person means a Subsidiary of such Person, 100% of the
outstanding Equity Interests of which (other than directors’ qualifying shares) shall at the time
be owned by such Person or by one or more Wholly-Owned Subsidiaries of such Person.

Section 1.02 Other Definitions.

	 	 	 
	 	 	Defined in
	Term	 	Section
	 
	 	 
	“Acceptable Commitment”
	 	4.10
	“Affiliate Transaction”
	 	4.11
	“Asset Sale Offer”
	 	4.10
	“Authentication Order”
	 	2.02
	“Blockage Notice”
	 	10.03
	“Change of Control Offer”
	 	4.14
	“Change of Control Payment”
	 	4.14

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	 	 	Defined in
	Term	 	Section
	 
	 	 
	“Change of Control Payment Date”
	 	4.14
	“Covenant Defeasance”
	 	8.03
	“Covenant Suspension Event”
	 	4.16
	“DTC”
	 	2.03
	“Event of Default”
	 	6.01
	“Excess Proceeds”
	 	4.10
	“Guarantee Blockage Notice”
	 	12.03
	“Guarantee Payment Blockage Period”
	 	12.03
	“Guarantor Payment Default”
	 	12.03
	“incur”
	 	4.09
	“Legal Defeasance”
	 	8.02
	“Non-Guarantor Payment Default”
	 	12.03
	“Non-Payment Default”
	 	10.03
	“Note Register”
	 	2.03
	“Offer Amount”
	 	3.09
	“Offer Period”
	 	3.09
	“Pari Passu Indebtedness”
	 	4.10
	“pay its Guarantee”
	 	12.03
	“pay the Notes”
	 	10.03
	“Paying Agent”
	 	2.03
	“Payment Blockage Period”
	 	10.03
	“Payment Default”
	 	10.03
	“Purchase Date”
	 	3.09
	“Redemption Date”
	 	3.07
	“Refinancing Indebtedness”
	 	4.09
	“Refunding Capital Stock”
	 	4.07
	“Registrar”
	 	2.03
	“Restricted Payments”
	 	4.07
	“Second Commitment”
	 	4.10
	“Successor Company”
	 	5.01
	“Successor Person”
	 	5.01
	“Suspended Covenant”
	 	4.16
	“Treasury Capital Stock”
	 	4.07

Section 1.03 Incorporation by Reference of Trust Indenture Act.

          Whenever this Indenture refers to a provision of the Trust Indenture Act, the provision is
incorporated by reference in and made a part of this Indenture.

          The following Trust Indenture Act terms used in this Indenture have the following meanings:

          “indenture securities” means the Notes;

          “indenture security Holder” means a Holder of a Note;

          “indenture to be qualified” means this Indenture;

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     “indenture trustee” or “institutional trustee” means the Trustee; and

     “obligor” on the Notes and the Guarantees means the Issuer and the Guarantors,
respectively, and any successor obligor upon the Notes and the Guarantees, respectively.

          All other terms used in this Indenture that are defined by the Trust Indenture Act, defined by
Trust Indenture Act reference to another statute or defined by SEC rule under the Trust Indenture
Act have the meanings so assigned to them.

Section 1.04 Rules of Construction.

     Unless the context otherwise requires:

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

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

     (c) “or” is not exclusive;

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

     (e) “will” shall be interpreted to express a command;

     (f) provisions apply to successive events and transactions;

     (g) references to sections of, or rules under, the Securities Act shall be deemed to
include substitute, replacement or successor sections or rules adopted by the SEC from time
to time;

     (h) unless the context otherwise requires, any reference to an “Article,” “Section” or
“clause” refers to an Article, Section or clause, as the case may be, of this Indenture; and

     (i) the words “herein,” “hereof” and “hereunder” and other words of similar import
refer to this Indenture as a whole and not any particular Article, Section, clause or other
subdivision.

Section 1.05 Acts of Holders.

          (a) Any request, demand, authorization, direction, notice, consent, waiver or other action
provided by this Indenture to be given or taken by Holders may be embodied in and evidenced by one
or more instruments of substantially similar tenor signed by such Holders in person or by an agent
duly appointed in writing. Except as herein otherwise expressly provided, such action shall become
effective when such instrument or instruments or record or both are delivered to the Trustee and,
where it is hereby expressly required, to the Issuer. Proof of execution of any such instrument or
of a writing appointing any such agent, or the holding by any Person of a Note, shall be sufficient
for any purpose of this Indenture and (subject to Section 7.01) conclusive in favor of the Trustee
and the Issuer, if made in the manner provided in this Section 1.05.

          (b) The fact and date of the execution by any Person of any such instrument or writing may be
proved by the affidavit of a witness of such execution or by the certificate of any notary public

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or other officer authorized by law to take acknowledgments of deeds, certifying that the
individual signing such instrument or writing acknowledged to him the execution thereof. Where
such execution is by or on behalf of any legal entity other than an individual, such certificate or
affidavit shall also constitute proof of the authority of the Person executing the same. The fact
and date of the execution of any such instrument or writing, or the authority of the Person
executing the same, may also be proved in any other manner that the Trustee deems sufficient.

          (c) The ownership of Notes shall be proved by the Note Register.

          (d) Any request, demand, authorization, direction, notice, consent, waiver or other action by
the Holder of any Note shall bind every future Holder of the same Note and the Holder of every Note
issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof, in
respect of any action taken, suffered or omitted by the Trustee or the Issuer in reliance thereon,
whether or not notation of such action is made upon such Note.

          (e) The Issuer may, in the circumstances permitted by the Trust Indenture Act, set a record
date for purposes of determining the identity of Holders entitled to give any request, demand,
authorization, direction, notice, consent, waiver or take any other act, or to vote or consent to
any action by vote or consent authorized or permitted to be given or taken by Holders. Unless
otherwise specified, if not set by the Issuer prior to the first solicitation of a Holder made by
any Person in respect of any such action, or in the case of any such vote, prior to such vote, any
such record date shall be the later of 30 days prior to the first solicitation of such consent or
the date of the most recent list of Holders furnished to the Trustee prior to such solicitation.

          (f) Without limiting the foregoing, a Holder entitled to take any action hereunder with regard
to any particular Note may do so with regard to all or any part of the principal amount of such
Note or by one or more duly appointed agents, each of which may do so pursuant to such appointment
with regard to all or any part of such principal amount. Any notice given or action taken by a
Holder or its agents with regard to different parts of such principal amount pursuant to this
paragraph shall have the same effect as if given or taken by separate Holders of each such
different part.

          (g) Without limiting the generality of the foregoing, a Holder, including DTC that is the
Holder of a Global Note, may make, give or take, by a proxy or proxies duly appointed in writing,
any request, demand, authorization, direction, notice, consent, waiver or other action provided in
this Indenture to be made, given or taken by Holders, and DTC that is the Holder of a Global Note
may provide its proxy or proxies to the beneficial owners of interests in any such Global Note
through such depositary’s standing instructions and customary practices.

          (h) The Issuer may fix a record date for the purpose of determining the Persons who are
beneficial owners of interests in any Global Note held by DTC entitled under the procedures of such
depositary to make, give or take, by a proxy or proxies duly appointed in writing, any request,
demand, authorization, direction, notice, consent, waiver or other action provided in this
Indenture to be made, given or taken by Holders. If such a record date is fixed, the Holders on
such record date or their duly appointed proxy or proxies, and only such Persons, shall be entitled
to make, give or take such request, demand, authorization, direction, notice, consent, waiver or
other action, whether or not such Holders remain Holders after such record date. No such request,
demand, authorization, direction, notice, consent, waiver or other action shall be valid or
effective if made, given or taken more than 90 days after such record date.

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ARTICLE 2

THE NOTES

Section 2.01 Form and Dating; Terms.

          (a) General. The Notes and the Trustee’s certificate of authentication shall be
substantially in the form of Exhibit A hereto. The Notes may have notations, legends or
endorsements required by law, stock exchange rules or usage. Each Note shall be dated the date of
its authentication. The Notes shall be in denominations of $2,000 and integral multiples thereof.

          (b) Global Notes. Notes issued in global form shall be substantially in the form of
Exhibit A attached hereto (including the Global Note Legend thereon and the “Schedule of
Exchanges of Interests in the Global Note” attached thereto). Notes issued in definitive form
shall be substantially in the form of Exhibit A attached hereto (but without the Global
Note Legend thereon and without the “Schedule of Exchanges of Interests in the Global Note”
attached thereto). Each Global Note shall represent such of the outstanding Notes as shall be
specified in the “Schedule of Exchanges of Interests in the Global Note” attached thereto and each
shall provide that it shall represent up to the aggregate principal amount of Notes from time to
time endorsed thereon and that the aggregate principal amount of outstanding Notes represented
thereby may from time to time be reduced or increased, as applicable, to reflect exchanges and
redemptions. Any endorsement of a Global Note to reflect the amount of any increase or decrease in
the aggregate principal amount of outstanding Notes represented thereby shall be made by the
Trustee or the Custodian, at the direction of the Trustee, in accordance with instructions given by
the Holder thereof as required by Section 2.06 hereof.

          (c) Terms. The aggregate principal amount of Notes that may be authenticated and
delivered under this Indenture is unlimited.

          The terms and provisions contained in the Notes shall constitute, and are hereby expressly
made, a part of this Indenture and the Issuer, the Guarantors and the Trustee, by their execution
and delivery of this Indenture, expressly agree to such terms and provisions and to be bound
thereby. However, to the extent any provision of any Note conflicts with the express provisions of
this Indenture, the provisions of this Indenture shall govern and be controlling.

          The Notes shall be subject to repurchase by the Issuer pursuant to an Asset Sale Offer as
provided in Section 4.10 hereof or a Change of Control Offer as provided in Section 4.14 hereof.
The Notes shall not be redeemable, other than as provided in Article 3.

          Additional
Notes ranking pari passu with the Initial Notes may be created and issued from time
to time by the Issuer without notice to or consent of the Holders and shall be consolidated with
and form a single class with the Initial Notes and shall have the same terms as to status,
redemption or otherwise as the Initial Notes; provided that the Issuer’s ability to issue
Additional Notes shall be subject to the Issuer’s compliance with Section 4.09 hereof. Any
Additional Notes shall be issued with the benefit of an indenture supplemental to this Indenture.

Section 2.02 Execution and Authentication.

          At least one Officer shall execute the Notes on behalf of the Issuer by manual or facsimile
signature.

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

          A Note shall not be entitled to any benefit under this Indenture or be valid or obligatory for
any purpose until authenticated substantially in the form of Exhibit A attached hereto, as
the case may be, by the manual or facsimile signature of the Trustee. The signature shall be
conclusive evidence that the Note has been duly authenticated and delivered under this Indenture.

          On the Issue Date, the Trustee shall, upon receipt of an Issuer Order (an “Authentication
Order”), authenticate and deliver the Initial Notes. In addition, at any time, from time to
time, the Trustee shall upon an Authentication Order authenticate and deliver any Additional Notes
and Exchange Notes for an aggregate principal amount specified in such Authentication Order for
such Additional Notes or Exchange Notes issued hereunder.

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

Section 2.03 Registrar and Paying Agent.

          The Issuer shall maintain an office or agency where Notes may be presented for registration of
transfer or for exchange (“Registrar”) and an office or agency where Notes may be presented
for payment (“Paying Agent”). The Registrar shall keep a register of the Notes (“Note
Register”) and of their transfer and exchange. The Issuer may appoint one or more
co-registrars and one or more additional paying agents. The term “Registrar” includes any
co-registrar and the term “Paying Agent” includes any additional paying agent. The Issuer may
change any Paying Agent or Registrar without prior notice to any Holder. The Issuer shall notify
the Trustee in writing of the name and address of any Agent not a party to this Indenture. If the
Issuer fails to appoint or maintain another entity as Registrar or Paying Agent, the Trustee shall
act as such. The Issuer or any of its Subsidiaries may act as Paying Agent or Registrar.

          The Issuer initially appoints The Depository Trust Company (“DTC”) to act as
Depositary with respect to the Global Notes.

          The Issuer initially appoints the Trustee to act as the Paying Agent and Registrar for the
Notes and to act as Custodian with respect to the Global Notes.

Section 2.04 Paying Agent to Hold Money in Trust.

          The Issuer shall require each Paying Agent other than the Trustee to agree in writing that the
Paying Agent shall hold in trust for the benefit of Holders or the Trustee all money held by the
Paying Agent for the payment of principal, premium, if any, or Additional Interest, if any, or
interest on the Notes, and will notify the Trustee of any default by the Issuer in making any such
payment. While any such default continues, the Trustee may require a Paying Agent to pay all money
held by it to the Trustee. The Issuer at any time may require a Paying Agent to pay all money held
by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Issuer
or a Subsidiary) shall have no further liability for the money. If the Issuer or a Subsidiary acts
as Paying Agent, it shall segregate and hold in a separate trust fund for the benefit of the
Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings
relating to the Issuer, the Trustee shall serve as Paying Agent for the Notes.

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Section 2.05 Holder Lists.

          The Trustee shall preserve in as current a form as is reasonably practicable the most recent
list available to it of the names and addresses of all Holders and shall otherwise comply with
Trust Indenture Act Section 312(a). If the Trustee is not the Registrar, the Issuer shall furnish
to the Trustee at least two Business Days before each Interest Payment Date and at such other times
as the Trustee may request in writing, a list in such form and as of such date as the Trustee may
reasonably require of the names and addresses of the Holders of Notes and the Issuer shall
otherwise comply with Trust Indenture Act Section 312(a).

Section 2.06 Transfer and Exchange.

          (a) Transfer and Exchange of Global Notes. Except as otherwise set forth in this
Section 2.06, a Global Note may be transferred, in whole and not in part, only to another nominee
of the Depositary or to a successor Depositary or a nominee of such successor Depositary. A
beneficial interest in a Global Note may not be exchanged for a Definitive Note unless (i) the
Depositary (x) notifies the Issuer that it is unwilling or unable to continue as Depositary for
such Global Note or (y) has ceased to be a clearing agency registered under the Exchange Act and,
in either case, a successor Depositary is not appointed by the Issuer within 90 days or (ii) there
shall have occurred and be continuing a Default with respect to the Note and the Registrar has
received a request from the Depositary to issue a Definitive Note. Upon the occurrence of any of
the preceding events in (i) or (ii) above, Definitive Notes delivered in exchange for any Global
Note or beneficial interests therein will be registered in the names, and issued in any approved
denominations, requested by or on behalf of the Depositary (in accordance with its customary
procedures). Global Notes also may be exchanged or replaced, in whole or in part, as provided in
Sections 2.07 and 2.10 hereof. Every Note authenticated and delivered in exchange for, or in lieu
of, a Global Note or any portion thereof, pursuant to this Section 2.06 or Section 2.07 or 2.10
hereof, shall be authenticated and delivered in the form of, and shall be, a Global Note, except
for Definitive Notes issued subsequent to any of the preceding events in (i) or (ii) above and
pursuant to Section 2.06(c) hereof. A Global Note may not be exchanged for another Note other than
as provided in this Section 2.06(a); provided, however, beneficial interests in a
Global Note may be transferred and exchanged as provided in Section 2.06(b), (c) or (f) hereof.

          (b) Transfer and Exchange of Beneficial Interests in the Global Notes. The transfer
and exchange of beneficial interests in the Global Notes shall be effected through the Depositary,
in accordance with the provisions of this Indenture and the Applicable Procedures. Beneficial
interests in the Restricted Global Notes shall be subject to restrictions on transfer comparable to
those set forth herein to the extent required by the Securities Act. Transfers of beneficial
interests in the Global Notes also shall require compliance with either subparagraph (i) or (ii)
below, as applicable, as well as one or more of the other following subparagraphs, as applicable:

     (i) Transfer of Beneficial Interests in the Same Global Note. Beneficial
interests in any Restricted Global Note may be transferred to Persons who take delivery
thereof in the form of a beneficial interest in the same Restricted Global Note in
accordance with the transfer restrictions set forth in the Private Placement Legend.
Beneficial interests in any Unrestricted Global Note may be transferred to Persons who take
delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. No
written orders or instructions shall be required to be delivered to the Registrar to effect
the transfers described in this Section 2.06(b)(i).

     (ii) All Other Transfers and Exchanges of Beneficial Interests in Global Notes.
In connection with all transfers and exchanges of beneficial interests that are not subject
to Section 2.06(b)(i) hereof, the transferor of such beneficial interest must deliver to the
Registrar either

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(A)
(1) a written order from a Participant or an Indirect Participant given to the
Depositary in accordance with the Applicable Procedures directing the Depositary to credit
or cause to be credited a beneficial interest in another Global Note in an amount equal to
the beneficial interest to be transferred or exchanged and (2) instructions given in
accordance with the Applicable Procedures containing information regarding the Participant
account to be credited with such increase or (B) (1) a written order from a Participant or
an Indirect Participant given to the Depositary in accordance with the Applicable Procedures
directing the Depositary to cause to be issued a Definitive Note in an amount equal to the
beneficial interest to be transferred or exchanged and (2) instructions given by the
Depositary to the Registrar containing information regarding the Person in whose name such
Definitive Note shall be registered to effect the transfer or exchange referred to in (1)
above; provided that in no event shall Definitive Notes be issued upon the transfer
or exchange of beneficial interests in the Regulation S Global Note prior to (A) the
expiration of the Restricted Period and (B) the receipt by the Registrar of any certificates
required pursuant to Rule 903. Upon consummation of an Exchange Offer by the Issuer in
accordance with Section 2.06(f) hereof, the requirements of this Section 2.06(b)(ii) shall
be deemed to have been satisfied upon receipt by the Registrar of the instructions contained
in the Letter of Transmittal delivered by the Holder of such beneficial interests in the
Restricted Global Notes. Upon satisfaction of all of the requirements for transfer or
exchange of beneficial interests in Global Notes contained in this Indenture and the Notes
or otherwise applicable under the Securities Act, the Trustee shall adjust the principal
amount of the relevant Global Note(s) pursuant to Section 2.06(h) hereof.

     (iii) Transfer of Beneficial Interests to Another Restricted Global Note. A
beneficial interest in any Restricted Global Note may be transferred to a Person who takes
delivery thereof in the form of a beneficial interest in another Restricted Global Note if
the transfer complies with the requirements of Section 2.06(b)(ii) hereof and the Registrar
receives the following:

     (A) if the transferee will take delivery in the form of a beneficial interest
in the 144A Global Note, then the transferor must deliver a certificate in the form
of Exhibit B hereto, including the certifications in item (1) thereof; or

     (B) if the transferee will take delivery in the form of a beneficial interest
in the Regulation S Global Note, then the transferor must deliver a certificate in
the form of Exhibit B hereto, including the certifications in item (2)
thereof.

     (iv) Transfer and Exchange of Beneficial Interests in a Restricted Global Note for
Beneficial Interests in an Unrestricted Global Note. A beneficial interest in any
Restricted Global Note may be exchanged by any holder thereof for a beneficial interest in
an Unrestricted Global Note or transferred to a Person who takes delivery thereof in the
form of a beneficial interest in an Unrestricted Global Note if the exchange or transfer
complies with the requirements of Section 2.06(b)(ii) hereof and:

     (A) such exchange or transfer is effected pursuant to the Exchange Offer in
accordance with the Registration Rights Agreement and the holder of the beneficial
interest to be transferred, in the case of an exchange, or the transferee, in the
case of a transfer, certifies in the applicable Letter of Transmittal that it is not
(1) a Broker-Dealer, (2) a Person participating in the distribution of the Exchange
Notes or (3) a Person who is an affiliate (as defined in Rule 144) of the Issuer;

     (B) such transfer is effected pursuant to the Shelf Registration Statement in
accordance with the Registration Rights Agreement;

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     (C) such transfer is effected by a Broker-Dealer pursuant to the Exchange Offer
Registration Statement in accordance with the Registration Rights Agreement; or

     (D) the Registrar receives the following:

     (1) if the holder of such beneficial interest in a Restricted Global
Note proposes to exchange such beneficial interest for a beneficial interest
in an Unrestricted Global Note, a certificate from such Holder substantially
in the form of Exhibit C hereto, including the certifications in
item (1)(a) thereof; or

     (2) if the holder of such beneficial interest in a Restricted Global
Note proposes to transfer such beneficial interest to a Person who shall
take delivery thereof in the form of a beneficial interest in an
Unrestricted Global Note, a certificate from such holder in the form of
Exhibit B hereto, including the certifications in item (4) thereof;

and, in each such case set forth in this subparagraph (D), if the Registrar so
requests or if the Applicable Procedures so require, an Opinion of Counsel in form
reasonably acceptable to the Registrar to the effect that such exchange or transfer
is in compliance with the Securities Act and that the restrictions on transfer
contained herein and in the Private Placement Legend are no longer required in order
to maintain compliance with the Securities Act.

     If any such transfer is effected pursuant to subparagraph (B) or (D) above at a time
when an Unrestricted Global Note has not yet been issued, the Issuer shall issue and, upon
receipt of an Authentication Order in accordance with Section 2.02 hereof, the Trustee shall
authenticate one or more Unrestricted Global Notes in an aggregate principal amount equal to
the aggregate principal amount of beneficial interests transferred pursuant to subparagraph
(B) or (D) above.

     Beneficial interests in an Unrestricted Global Note cannot be exchanged for, or
transferred to Persons who take delivery thereof in the form of, a beneficial interest in a
Restricted Global Note.

     (c) Transfer or Exchange of Beneficial Interests for Definitive Notes.

     (i) Beneficial Interests in Restricted Global Notes to Restricted Definitive
Notes. If any holder of a beneficial interest in a Restricted Global Note proposes to
exchange such beneficial interest for a Restricted Definitive Note or to transfer such
beneficial interest to a Person who takes delivery thereof in the form of a Restricted
Definitive Note, then, upon the occurrence of any of the events in paragraph (i) or (ii) of
Section 2.06(a) hereof and receipt by the Registrar of the following documentation:

     (A) if the holder of such beneficial interest in a Restricted Global Note
proposes to exchange such beneficial interest for a Restricted Definitive Note, a
certificate from such holder substantially in the form of Exhibit C hereto,
including the certifications in item (2)(a) thereof;

     (B) if such beneficial interest is being transferred to a QIB in accordance
with Rule 144A, a certificate substantially in the form of Exhibit B hereto,
including the certifications in item (1) thereof;

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     (C) if such beneficial interest is being transferred to a Non-U.S. Person in an
offshore transaction in accordance with Rule 903 or Rule 904, a certificate
substantially in the form of Exhibit B hereto, including the certifications
in item (2) thereof;

     (D) if such beneficial interest is being transferred pursuant to an exemption
from the registration requirements of the Securities Act in accordance with Rule
144, a certificate substantially in the form of Exhibit B hereto, including
the certifications in item (3)(a) thereof;

     (E) if such beneficial interest is being transferred to the Issuer or any of
its Restricted Subsidiaries, a certificate substantially in the form of Exhibit
B hereto, including the certifications in item (3)(b) thereof; or

     (F) if such beneficial interest is being transferred pursuant to an effective
registration statement under the Securities Act, a certificate substantially in the
form of Exhibit B hereto, including the certifications in item (3)(c)
thereof,

the Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced
accordingly pursuant to Section 2.06(h) hereof, and the Issuer shall execute and the Trustee shall
authenticate and mail to the Person designated in the instructions a Definitive Note in the
applicable principal amount. Any Definitive Note issued in exchange for a beneficial interest in a
Restricted Global Note pursuant to this Section 2.06(c) shall be registered in such name or names
and in such authorized denomination or denominations as the holder of such beneficial interest
shall instruct the Registrar through instructions from the Depositary and the Participant or
Indirect Participant. The Trustee shall mail such Definitive Notes to the Persons in whose names
such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest in
a Restricted Global Note pursuant to this Section 2.06(c)(i) shall bear the Private Placement
Legend and shall be subject to all restrictions on transfer contained therein.

     (ii) Beneficial Interests in Regulation S Global Note to Definitive Notes.
Notwithstanding Sections 2.06(c)(i)(A) and (C) hereof, a beneficial interest in the
Regulation S Global Note may not be exchanged for a Definitive Note or transferred to a
Person who takes delivery thereof in the form of a Definitive Note prior to (A) the
expiration of the Restricted Period and (B) the receipt by the Registrar of any certificates
required pursuant to Rule 903(b)(3)(ii)(B) of the Securities Act, except in the case of a
transfer pursuant to an exemption from the registration requirements of the Securities Act
other than Rule 903 or Rule 904.

     (iii) Beneficial Interests in Restricted Global Notes to Unrestricted Definitive
Notes. A holder of a beneficial interest in a Restricted Global Note may exchange such
beneficial interest for an Unrestricted Definitive Note or may transfer such beneficial
interest to a Person who takes delivery thereof in the form of an Unrestricted Definitive
Note only upon the occurrence of any of the events in subsection (i) or (ii) of Section
2.06(a) hereof and if:

     (A) such exchange or transfer is effected pursuant to the Exchange Offer in
accordance with the Registration Rights Agreement and the holder of such beneficial
interest, in the case of an exchange, or the transferee, in the case of a transfer,
certifies in the applicable Letter of Transmittal that it is not (1) a
Broker-Dealer, (2) a Person participating in the distribution of the Exchange Notes
or (3) a Person who is an affiliate (as defined in Rule 144) of the Issuer;

     (B) such transfer is effected pursuant to the Shelf Registration Statement in
accordance with the Registration Rights Agreement;

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     (C) such transfer is effected by a Broker-Dealer pursuant to the Exchange Offer
Registration Statement in accordance with the Registration Rights Agreement; or

     (D) the Registrar receives the following:

     (1) if the holder of such beneficial interest in a Restricted Global
Note proposes to exchange such beneficial interest for an Unrestricted
Definitive Note, a certificate from such holder substantially in the form of
Exhibit C hereto, including the certifications in item (1)(b)
thereof; or

     (2) if the holder of such beneficial interest in a Restricted Global
Note proposes to transfer such beneficial interest to a Person who shall
take delivery thereof in the form of an Unrestricted Definitive Note, a
certificate from such holder substantially in the form of Exhibit B
hereto, including the certifications in item (4) thereof;

and, in each such case set forth in this subparagraph (D), if the Registrar so requests or
if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable
to the Registrar to the effect that such exchange or transfer is in compliance with the
Securities Act and that the restrictions on transfer contained herein and in the Private
Placement Legend are no longer required in order to maintain compliance with the Securities
Act.

     (iv) Beneficial Interests in Unrestricted Global Notes to Unrestricted Definitive
Notes. If any holder of a beneficial interest in an Unrestricted Global Note proposes
to exchange such beneficial interest for a Definitive Note or to transfer such beneficial
interest to a Person who takes delivery thereof in the form of a Definitive Note, then, upon
the occurrence of any of the events in subsection (i) or (ii) of Section 2.06(a) hereof and
satisfaction of the conditions set forth in Section 2.06(b)(ii) hereof, the Trustee shall
cause the aggregate principal amount of the applicable Global Note to be reduced accordingly
pursuant to Section 2.06(h) hereof, and the Issuer shall execute and the Trustee shall
authenticate and mail to the Person designated in the instructions a Definitive Note in the
applicable principal amount. Any Definitive Note issued in exchange for a beneficial
interest pursuant to this Section 2.06(c)(iv) shall be registered in such name or names and
in such authorized denomination or denominations as the holder of such beneficial interest
shall instruct the Registrar through instructions from or through the Depositary and the
Participant or Indirect Participant. The Trustee shall mail such Definitive Notes to the
Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange
for a beneficial interest pursuant to this Section 2.06(c)(iv) shall not bear the Private
Placement Legend.

     (d) Transfer and Exchange of Definitive Notes for Beneficial Interests.

     (i) Restricted Definitive Notes to Beneficial Interests in Restricted Global
Notes. If any Holder of a Restricted Definitive Note proposes to exchange such Note for
a beneficial interest in a Restricted Global Note or to transfer such Restricted Definitive
Note to a Person who takes delivery thereof in the form of a beneficial interest in a
Restricted Global Note, then, upon receipt by the Registrar of the following documentation:

     (A) if the Holder of such Restricted Definitive Note proposes to exchange such
Note for a beneficial interest in a Restricted Global Note, a certificate from such
Holder substantially in the form of Exhibit C hereto, including the
certifications in item (2)(b) thereof;

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     (B) if such Restricted Definitive Note is being transferred to a QIB in
accordance with Rule 144A, a certificate substantially in the form of Exhibit
B hereto, including the certifications in item (1) thereof;

     (C) if such Restricted Definitive Note is being transferred to a Non-U.S.
Person in an offshore transaction in accordance with Rule 903 or Rule 904, a
certificate substantially in the form of Exhibit B hereto, including the
certifications in item (2) thereof;

     (D) if such Restricted Definitive Note is being transferred pursuant to an
exemption from the registration requirements of the Securities Act in accordance
with Rule 144, a certificate substantially in the form of Exhibit B hereto,
including the certifications in item (3)(a) thereof;

     (E) if such Restricted Definitive Note is being transferred to the Issuer or
any of its Restricted Subsidiaries, a certificate substantially in the form of
Exhibit B hereto, including the certifications in item (3)(b) thereof; or

     (F) if such Restricted Definitive Note is being transferred pursuant to an
effective registration statement under the Securities Act, a certificate
substantially in the form of Exhibit B hereto, including the certifications
in item (3)(c) thereof,

the Trustee shall cancel the Restricted Definitive Note, increase or cause to be increased the
aggregate principal amount of, in the case of clause (A) above, the applicable Restricted Global
Note, in the case of clause (B) above, the applicable 144A Global Note, and in the case of clause
(C) above, the applicable Regulation S Global Note.

     (ii) Restricted Definitive Notes to Beneficial Interests in Unrestricted Global
Notes. A Holder of a Restricted Definitive Note may exchange such Note for a beneficial
interest in an Unrestricted Global Note or transfer such Restricted Definitive Note to a
Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted
Global Note only if:

     (A) such exchange or transfer is effected pursuant to the Exchange Offer in
accordance with the Registration Rights Agreement and the Holder, in the case of an
exchange, or the transferee, in the case of a transfer, certifies in the applicable
Letter of Transmittal that it is not (1) a Broker-Dealer, (2) a Person participating
in the distribution of the Exchange Notes or (3) a Person who is an affiliate (as
defined in Rule 144) of the Issuer;

     (B) such transfer is effected pursuant to the Shelf Registration Statement in
accordance with the Registration Rights Agreement;

     (C) such transfer is effected by a Broker-Dealer pursuant to the Exchange Offer
Registration Statement in accordance with the Registration Rights Agreement; or

     (D) the Registrar receives the following:

     (1) if the Holder of such Definitive Notes proposes to exchange such
Notes for a beneficial interest in the Unrestricted Global Note, a
certificate from such Holder substantially in the form of Exhibit C
hereto, including the certifications in item (1)(c) thereof; or

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     (2) if the Holder of such Definitive Notes proposes to transfer such
Notes to a Person who shall take delivery thereof in the form of a
beneficial interest in the Unrestricted Global Note, a certificate from such
Holder substantially in the form of Exhibit B hereto, including the
certifications in item (4) thereof;

and, in each such case set forth in this subparagraph (D), if the Registrar so requests or
if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable
to the Registrar to the effect that such exchange or transfer is in compliance with the
Securities Act and that the restrictions on transfer contained herein and in the Private
Placement Legend are no longer required in order to maintain compliance with the Securities
Act.

               Upon satisfaction of the conditions of any of the subparagraphs in this Section 2.06(d)(ii),
the Trustee shall cancel the Definitive Notes and increase or cause to be increased the aggregate
principal amount of the Unrestricted Global Note.

     (iii) Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global
Notes. A Holder of an Unrestricted Definitive Note may exchange such Note for a
beneficial interest in an Unrestricted Global Note or transfer such Definitive Notes to a
Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted
Global Note at any time. Upon receipt of a request for such an exchange or transfer, the
Trustee shall cancel the applicable Unrestricted Definitive Note and increase or cause to be
increased the aggregate principal amount of one of the Unrestricted Global Notes.

               If any such exchange or transfer from a Definitive Note to a beneficial interest is effected
pursuant to subparagraph (ii)(B), (ii)(D) or (iii) above at a time when an Unrestricted Global Note
has not yet been issued, the Issuer shall issue and, upon receipt of an Authentication Order in
accordance with Section 2.02 hereof, the Trustee shall authenticate one or more Unrestricted Global
Notes in an aggregate principal amount equal to the principal amount of Definitive Notes so
transferred.

               (e) Transfer and Exchange of Definitive Notes for Definitive Notes. Upon request by a
Holder of Definitive Notes and such Holder’s compliance with the provisions of this Section
2.06(e), the Registrar shall register the transfer or exchange of Definitive Notes. Prior to such
registration of transfer or exchange, the requesting Holder shall present or surrender to the
Registrar the Definitive Notes duly endorsed or accompanied by a written instruction of transfer in
form satisfactory to the Registrar duly executed by such Holder or by its attorney, duly authorized
in writing. In addition, the requesting Holder shall provide any additional certifications,
documents and information, as applicable, required pursuant to the following provisions of this
Section 2.06(e):

     (i) Restricted Definitive Notes to Restricted Definitive Notes. Any Restricted
Definitive Note may be transferred to and registered in the name of Persons who take
delivery thereof in the form of a Restricted Definitive Note if the Registrar receives the
following:

     (A) if the transfer will be made pursuant to a QIB in accordance with Rule
144A, then the transferor must deliver a certificate substantially in the form of
Exhibit B hereto, including the certifications in item (1) thereof;

     (B) if the transfer will be made pursuant to Rule 903 or Rule 904 then the
transferor must deliver a certificate in the form of Exhibit B hereto,
including the certifications in item (2) thereof; or

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     (C) if the transfer will be made pursuant to any other exemption from the
registration requirements of the Securities Act, then the transferor must deliver a
certificate in the form of Exhibit B hereto, including the certifications
required by item (3) thereof, if applicable.

     (ii) Restricted Definitive Notes to Unrestricted Definitive Notes. Any
Restricted Definitive Note may be exchanged by the Holder thereof for an Unrestricted
Definitive Note or transferred to a Person or Persons who take delivery thereof in the form
of an Unrestricted Definitive Note if:

     (A) such exchange or transfer is effected pursuant to the Exchange Offer in
accordance with the Registration Rights Agreement and the Holder, in the case of an
exchange, or the transferee, in the case of a transfer, certifies in the applicable
Letter of Transmittal that it is not (1) a Broker-Dealer, (2) a Person participating
in the distribution of the Exchange Notes or (3) a Person who is an affiliate (as
defined in Rule 144) of the Issuer;

     (B) any such transfer is effected pursuant to the Shelf Registration Statement
in accordance with the Registration Rights Agreement;

     (C) any such transfer is effected by a Broker-Dealer pursuant to the Exchange
Offer Registration Statement in accordance with the Registration Rights Agreement;
or

     (D) the Registrar receives the following:

     (1) if the Holder of such Restricted Definitive Notes proposes to
exchange such Notes for an Unrestricted Definitive Note, a certificate from
such Holder substantially in the form of Exhibit C hereto, including
the certifications in item (1)(d) thereof; or

     (2) if the Holder of such Restricted Definitive Notes proposes to
transfer such Notes to a Person who shall take delivery thereof in the form
of an Unrestricted Definitive Note, a certificate from such Holder
substantially in the form of Exhibit B hereto, including the
certifications in item (4) thereof;

and, in each such case set forth in this subparagraph (D), if the Registrar so
requests, an Opinion of Counsel in form reasonably acceptable to the Registrar to
the effect that such exchange or transfer is in compliance with the Securities Act
and that the restrictions on transfer contained herein and in the Private Placement
Legend are no longer required in order to maintain compliance with the Securities
Act.

     (iii) Unrestricted Definitive Notes to Unrestricted Definitive Notes. A Holder
of Unrestricted Definitive Notes may transfer such Notes to a Person who takes delivery
thereof in the form of an Unrestricted Definitive Note. Upon receipt of a request to
register such a transfer, the Registrar shall register the Unrestricted Definitive Notes
pursuant to the instructions from the Holder thereof.

          (f) Exchange Offer. Upon the occurrence of the Exchange Offer in accordance with the
Registration Rights Agreement, the Issuer shall issue and, upon receipt of an Authentication Order
in accordance with Section 2.02 hereof, the Trustee shall authenticate (i) one or more
Unrestricted Global

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Notes in an aggregate principal amount equal to the principal amount of the
beneficial interests in the Restricted Global Notes tendered for acceptance by Persons that certify
in the applicable Letters of Transmittal that (x) they are not Broker-Dealers, (y) they are not
participating in a distribution of the Exchange Notes and (z) they are not affiliates (as defined
in Rule 144) of the Issuer, and accepted for exchange in the Exchange Offer and (ii) Unrestricted
Definitive Notes in an aggregate principal amount equal to the principal amount of the Restricted
Definitive Notes tendered for acceptance by Persons that certify in the applicable Letters of
Transmittal that (x) they are not Broker-Dealers, (y) they are not participating in a distribution
of the Exchange Notes and (z) they are not affiliates (as defined in Rule 144) of the Issuer, and
accepted for exchange in the Exchange Offer. Concurrently with the issuance of such Notes, the
Trustee shall cause the aggregate principal amount of the applicable Restricted Global Notes to be
reduced accordingly, and the Issuer shall execute and the Trustee shall authenticate and mail to
the Persons designated by the Holders of Definitive Notes so accepted Unrestricted Definitive Notes
in the applicable principal amount. Any Notes that remain outstanding after the consummation of
the Exchange Offer, and Exchange Notes issued in connection with the Exchange Offer, shall be
treated as a single class of securities under this Indenture.

          (g) Legends. The following legends shall appear on the face of all Global Notes and
Definitive Notes issued under this Indenture unless specifically stated otherwise in the applicable
provisions of this Indenture:

          (i) Private Placement Legend.

     (A) Except as permitted by subparagraph (B) below, each Global Note and each
Definitive Note (and all Notes issued in exchange therefor or substitution thereof)
shall bear the legend in substantially the following form:

“THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933,
AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD
WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS
EXCEPT AS SET FORTH BELOW. BY ITS ACQUISITION HEREOF, THE HOLDER (1) REPRESENTS
THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER
THE SECURITIES ACT) OR (B) IT IS NOT A U.S. PERSON AND IS ACQUIRING THIS
SECURITY IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE
SECURITIES ACT, (2) AGREES THAT IT WILL NOT WITHIN TWO YEARS AFTER THE ORIGINAL
ISSUANCE OF THIS SECURITY RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A)
TO THE ISSUER OR ANY SUBSIDIARY THEREOF, (B) INSIDE THE UNITED STATES TO A
QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES
ACT, (C) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE
WITH RULE 904 UNDER THE SECURITIES ACT (IF AVAILABLE), (D) PURSUANT TO THE
EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF
AVAILABLE), (E) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT (AND BASED UPON AN OPINION OF COUNSEL IF THE
ISSUER SO REQUESTS), OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
UNDER THE SECURITIES ACT AND (3) AGREES THAT IT
WILL GIVE TO EACH PERSON TO WHOM THIS SECURITY IS TRANS-

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FERRED A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. AS USED HEREIN, THE TERMS
“OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANING
GIVEN TO THEM BY REGULATION S UNDER THE SECURITIES ACT.”

     (B) Notwithstanding the foregoing, any Global Note or Definitive Note issued
pursuant to subparagraph (b)(iv), (c)(iii), (c)(iv), (d)(ii), (d)(iii), (e)(ii),
(e)(iii) or (f) of this Section 2.06 (and all Notes issued in exchange therefor or
substitution thereof) shall not bear the Private Placement Legend.

     (ii) Global Note Legend. Each Global Note shall bear a legend in substantially
the following form:

“THIS GLOBAL NOTE IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE
GOVERNING THIS NOTE) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE
BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY
CIRCUMSTANCES EXCEPT THAT (I) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY
BE REQUIRED PURSUANT TO SECTION 2.06(h) OF THE INDENTURE, (II) THIS GLOBAL NOTE
MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.06(a) OF THE
INDENTURE, (III) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR
CANCELLATION PURSUANT TO SECTION 2.11 OF THE INDENTURE AND (IV) THIS GLOBAL
NOTE MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN
CONSENT OF THE ISSUER. UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART
FOR NOTES IN DEFINITIVE FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A
WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE
DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE
DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH
SUCCESSOR DEPOSITARY. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW
YORK) (“DTC”) TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE
OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO.
OR SUCH OTHER NAME AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC
(AND ANY PAYMENT IS MADE TO CEDE & CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE
HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE
REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.”

          (h) Cancellation and/or Adjustment of Global Notes. At such time as all beneficial
interests in a particular Global Note have been exchanged for Definitive Notes or a particular
Global Note has been redeemed, repurchased or canceled in whole and not in part, each such Global
Note shall be returned to or retained and canceled by the Trustee in accordance with Section 2.11
hereof. At any time prior to such cancellation, if any beneficial interest in a Global Note is
exchanged for or transferred to a
Person who will take delivery thereof in the form of a beneficial interest in another Global
Note or for

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Definitive Notes, the principal amount of Notes represented by such Global Note shall
be reduced accordingly and an endorsement shall be made on such Global Note by the Trustee or by
the Depositary at the direction of the Trustee to reflect such reduction; and if the beneficial
interest is being exchanged for or transferred to a Person who will take delivery thereof in the
form of a beneficial interest in another Global Note, such other Global Note shall be increased
accordingly and an endorsement shall be made on such Global Note by the Trustee or by the
Depositary at the direction of the Trustee to reflect such increase.

          (i) General Provisions Relating to Transfers and Exchanges.

     (i) To permit registrations of transfers and exchanges, the Issuer shall execute and
the Trustee shall authenticate Global Notes and Definitive Notes upon receipt of an
Authentication Order in accordance with Section 2.02 hereof or at the Registrar’s request.

     (ii) No service charge shall be made to a holder of a beneficial interest in a Global
Note or to a Holder of a Definitive Note for any registration of transfer or exchange, but
the Issuer may require payment of a sum sufficient to cover any transfer tax or similar
governmental charge payable in connection therewith (other than any such transfer taxes or
similar governmental charge payable upon exchange or transfer pursuant to Sections 2.07,
2.10, 3.06, 3.09, 4.10, 4.14 and 9.05 hereof).

     (iii) Neither the Registrar nor the Issuer shall be required to register the transfer
of or exchange any Note selected for redemption in whole or in part, except the unredeemed
portion of any Note being redeemed in part.

     (iv) All Global Notes and Definitive Notes issued upon any registration of transfer or
exchange of Global Notes or Definitive Notes shall be the valid obligations of the Issuer,
evidencing the same debt, and entitled to the same benefits under this Indenture, as the
Global Notes or Definitive Notes surrendered upon such registration of transfer or exchange.

     (v) The Issuer shall not be required (A) to issue, to register the transfer of or to
exchange any Notes during a period beginning at the opening of business 15 days before the
day of any selection of Notes for redemption under Section 3.02 hereof and ending at the
close of business on the day of selection, (B) to register the transfer of or to exchange
any Note so selected for redemption in whole or in part, except the unredeemed portion of
any Note being redeemed in part or (C) to register the transfer of or to exchange a Note
between a Record Date and the next succeeding Interest Payment Date.

     (vi) Prior to due presentment for the registration of a transfer of any Note, the
Trustee, any Agent and the Issuer may deem and treat the Person in whose name any Note is
registered as the absolute owner of such Note for the purpose of receiving payment of
principal of (and premium, if any) and interest (including Additional Interest, if any) on
such Notes and for all other purposes, and none of the Trustee, any Agent or the Issuer
shall be affected by notice to the contrary.

     (vii) Upon surrender for registration of transfer of any Note at the office or agency
of the Issuer designated pursuant to Section 4.02 hereof, the Issuer shall execute, and the
Trustee shall authenticate and mail, in the name of the designated transferee or
transferees, one or more replacement Notes of any authorized denomination or denominations
of a like aggregate principal amount.

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     (viii) At the option of the Holder, Notes may be exchanged for other Notes of any
authorized denomination or denominations of a like aggregate principal amount upon surrender
of the Notes to be exchanged at such office or agency. Whenever any Global Notes or
Definitive Notes are so surrendered for exchange, the Issuer shall execute, and the Trustee
shall authenticate and mail, the replacement Global Notes and Definitive Notes which the
Holder making the exchange is entitled to in accordance with the provisions of Section 2.02
hereof.

     (ix) All certifications, certificates and Opinions of Counsel required to be submitted
to the Registrar pursuant to this Section 2.06 to effect a registration of transfer or
exchange may be submitted by facsimile.

		
	Section 2.07	Replacement Notes.

          If any mutilated Note is surrendered to the Trustee, the Registrar or the Issuer and the
Trustee receives evidence to its satisfaction of the ownership and destruction, loss or theft of
any Note, the Issuer shall issue and the Trustee, upon receipt of an Authentication Order, shall
authenticate a replacement Note if the Trustee’s requirements are met. If required by the Trustee
or the Issuer, an indemnity bond must be supplied by the Holder that is sufficient in the judgment
of the Trustee and the Issuer to protect the Issuer, the Trustee, any Agent and any authenticating
agent from any loss that any of them may suffer if a Note is replaced. The Issuer may charge for
its expenses in replacing a Note.

          Every replacement Note is a contractual obligation of the Issuer and shall be entitled to all
of the benefits of this Indenture equally and proportionately with all other Notes duly issued
hereunder.

		
	Section 2.08	Outstanding Notes.

          The Notes outstanding at any time are all the Notes authenticated by the Trustee except for
those canceled by it, those delivered to it for cancellation, those reductions in the interest in a
Global Note effected by the Trustee in accordance with the provisions hereof, and those described
in this Section 2.08 as not outstanding. Except as set forth in Section 2.09 hereof, a Note does
not cease to be outstanding because the Issuer or an Affiliate of the Issuer holds the Note.

          If a Note is replaced pursuant to Section 2.07 hereof, it ceases to be outstanding unless the
Trustee receives proof satisfactory to it that the replaced Note is held by a bona fide purchaser.

          If the principal amount of any Note is considered paid under Section 4.01 hereof, it ceases to
be outstanding and interest on it ceases to accrue.

          If the Paying Agent (other than the Issuer, a Subsidiary or an Affiliate of any thereof)
holds, on a redemption date or maturity date, money sufficient to pay Notes payable on that date,
then on and after that date such Notes shall be deemed to be no longer outstanding and shall cease
to accrue interest.

		
	Section 2.09	Treasury Notes.

          In determining whether the Holders of the required principal amount of Notes have concurred in
any direction, waiver or consent, Notes owned by the Issuer, or by any Affiliate of the Issuer,
shall be considered as though not outstanding, except that for the purposes of determining whether
the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes that
a Responsible Officer of the Trustee knows are so owned shall be so disregarded. Notes so owned
which have 

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been pledged in good faith shall not be disregarded if the pledgee establishes to the
satisfaction of the Trustee the pledgee’s right to deliver any such direction, waiver or consent
with respect to the Notes and that the pledgee is not the Issuer or any obligor upon the Notes or
any Affiliate of the Issuer or of such other obligor.

		
	Section 2.10	Temporary Notes.

          Until certificates representing Notes are ready for delivery, the Issuer may prepare and the
Trustee, upon receipt of an Authentication Order, shall authenticate temporary Notes. Temporary
Notes shall be substantially in the form of certificated Notes but may have variations that the
Issuer considers appropriate for temporary Notes and as shall be reasonably acceptable to the
Trustee. Without unreasonable delay, the Issuer shall prepare and the Trustee shall authenticate
definitive Notes in exchange for temporary Notes.

          Holders and beneficial holders, as the case may be, of temporary Notes shall be entitled to
all of the benefits accorded to Holders, or beneficial holders, respectively, of Notes under this
Indenture.

		
	Section 2.11	Cancellation.

          The Issuer at any time may deliver Notes to the Trustee for cancellation. The Registrar and
Paying Agent shall forward to the Trustee any Notes surrendered to them for registration of
transfer, exchange or payment. The Trustee or, at the direction of the Trustee, the Registrar or
the Paying Agent and no one else shall cancel all Notes surrendered for registration of transfer,
exchange, payment, replacement or cancellation and shall destroy cancelled Notes (subject to the
record retention requirement of the Exchange Act). Certification of the destruction of all
cancelled Notes shall be delivered to the Issuer. The Issuer may not issue new Notes to replace
Notes that it has paid or that have been delivered to the Trustee for cancellation.

		
	Section 2.12	Defaulted Interest.

          If the Issuer defaults in a payment of interest on the Notes, it shall pay the defaulted
interest in any lawful manner plus, to the extent lawful, interest payable on the defaulted
interest to the Persons who are Holders on a subsequent special record date, in each case at the
rate provided in the Notes and in Section 4.01 hereof. The Issuer shall notify the Trustee in
writing of the amount of defaulted interest proposed to be paid on each Note and the date of the
proposed payment, and at the same time the Issuer shall deposit with the Trustee an amount of money
equal to the aggregate amount proposed to be paid in respect of such defaulted interest or shall
make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed
payment, such money when deposited to be held in trust for the benefit of the Persons entitled to
such defaulted interest as provided in this Section 2.12. The Trustee
shall fix or cause to be fixed each such special record date and payment date;
provided that no such special record date shall be less than 10 days prior to the related
payment date for such defaulted interest. The Trustee shall promptly notify the Issuer of such
special record date. At least 15 days before the special record date, the Issuer (or, upon the
written request of the Issuer, the Trustee in the name and at the expense of the Issuer) shall mail
or cause to be mailed, first-class postage prepaid, to each Holder a notice at his or her address
as it appears in the Note Register that states the special record date, the related payment date
and the amount of such interest to be paid.

          Subject to the foregoing provisions of this Section 2.12 and for greater certainty, each Note
delivered under this Indenture upon registration of transfer of or in exchange for or in lieu of
any

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other Note shall carry the rights to interest accrued and unpaid, and to accrue, which were
carried by such other Note.

		
	Section 2.13	CUSIP Numbers

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

ARTICLE 3

REDEMPTION

		
	Section 3.01	Notices to Trustee.

          If the Issuer elects to redeem Notes pursuant to Section 3.07 hereof, it shall furnish to the
Trustee, at least 2 Business Days before notice of redemption is required to be mailed or caused to
be mailed to Holders pursuant to Section 3.03 hereof but not more than 60 days before a redemption
date, an Officer’s Certificate setting forth (i) the paragraph or subparagraph of such Note and/or
Section of this Indenture pursuant to which the redemption shall occur, (ii) the redemption date,
(iii) the principal amount of the Notes to be redeemed and (iv) the redemption price.

		
	Section 3.02	Selection of Notes to Be Redeemed or Purchased.

          If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any
time, the Trustee shall select the Notes to be redeemed or purchased (a) if the Notes are listed on
any national securities exchange, in compliance with the requirements of the principal national
securities exchange on which the Notes are listed or (b) on a pro rata basis or, to the extent that
selection on a pro rata basis is not practicable, by lot or by such other method the Trustee
considers fair and appropriate. In the event of partial redemption or purchase by lot, the
particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein,
not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the
outstanding Notes not previously called for redemption or purchase.

          The Trustee shall promptly notify the Issuer in writing of the Notes selected for redemption
or purchase and, in the case of any Note selected for partial redemption or purchase, the principal
amount thereof to be redeemed or purchased. Notes and portions of Notes selected shall be in
amounts of $2,000 or whole multiples of $2,000; no Notes of $2,000 or less can be redeemed in part,
except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding
amount of Notes held by such Holder, even if not a multiple of $2,000, shall be redeemed or
purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply
to Notes called for redemption or purchase also apply to portions of Notes called for redemption or
purchase.

		
	Section 3.03	Notice of Redemption.

          Subject to Section 3.09 hereof, the Issuer shall mail or cause to be mailed by first-class
mail notices of redemption at least 30 days but not more than 60 days before the redemption date to
each Holder of Notes to be redeemed at such Holder’s registered address, except that redemption
notices may

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be mailed more than 60 days prior to a redemption date if the notice is issued in
connection with Article 8 or Article 13 hereof. Except as set forth in Section 3.07(b) hereof,
notices of redemption may not be conditional.

          The notice shall identify the Notes to be redeemed and shall state:

     (a) the redemption date;

     (b) the redemption price;

     (c) if any Note is to be redeemed in part only, the portion of the principal amount of
that Note that is to be redeemed and that, after the redemption date upon surrender of such
Note, a new Note or Notes in principal amount equal to the unredeemed portion of the
original Note representing the same indebtedness to the extent not redeemed will be issued
in the name of the Holder of the Notes upon cancellation of the original Note;

     (d) the name and address of the Paying Agent;

     (e) that Notes called for redemption must be surrendered to the Paying Agent to collect
the redemption price;

     (f) that, unless the Issuer defaults in making such redemption payment, interest on
Notes called for redemption ceases to accrue on and after the redemption date;

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

     (h) that no representation is made as to the correctness or accuracy of the CUSIP
number, if any, listed in such notice or printed on the Notes; and

     (i) if in connection with a redemption pursuant to Section 3.07(b) hereof, any
condition to such redemption.

          At the Issuer’s request, the Trustee shall give the notice of redemption in the Issuer’s name
and at its expense; provided that the Issuer shall have delivered to the Trustee, at least
2 Business Days before notice of redemption is required to be mailed or caused to be mailed to Holders
pursuant to this Section 3.03 (unless a shorter notice shall be agreed to by the Trustee), an
Officer’s Certificate requesting that the Trustee give such notice and setting forth the
information to be stated in such notice as provided in the preceding paragraph.

		
	Section 3.04	Effect of Notice of Redemption.

          Once notice of redemption is mailed in accordance with Section 3.03 hereof, Notes called for
redemption become irrevocably due and payable on the redemption date at the redemption price
(except as provided for in Section 3.07(b) hereof). The notice, if mailed in a manner herein
provided, shall be conclusively presumed to have been given, whether or not the Holder receives
such notice. In any case, failure to give such notice by mail or any defect in the notice to the
Holder of any Note designated for redemption in whole or in part shall not affect the validity of
the proceedings for the redemption of any other Note. Subject to Section 3.05 hereof, on and after
the redemption date, interest ceases to accrue on Notes or portions of Notes called for redemption.

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	Section 3.05	Deposit of Redemption or Purchase Price.

          Prior to 10:00 a.m. (New York City time) on the redemption or purchase date, the Issuer shall
deposit with the Trustee or with the Paying Agent money sufficient to pay the redemption or
purchase price of and accrued and unpaid interest (including Additional Interest, if any) on all
Notes to be redeemed or purchased on that date. The Trustee or the Paying Agent shall promptly
return to the Issuer any money deposited with the Trustee or the Paying Agent by the Issuer in
excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest on,
all Notes to be redeemed or purchased.

          If the Issuer complies with the provisions of the preceding paragraph, on and after the
redemption or purchase date, interest shall cease to accrue on the Notes or the portions of Notes
called for redemption or purchase. If a Note is redeemed or purchased on or after a Record Date
but on or prior to the related Interest Payment Date, then any accrued and unpaid interest to the
redemption or purchase date shall be paid to the Person in whose name such Note was registered at
the close of business on such Record Date. If any Note called for redemption or purchase shall not
be so paid upon surrender for redemption or purchase because of the failure of the Issuer to comply
with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption
or purchase date until such principal is paid, and to the extent lawful on any interest accrued to
the redemption or purchase date not paid on such unpaid principal, in each case at the rate
provided in the Notes and in Section 4.01 hereof.

		
	Section 3.06	Notes Redeemed or Purchased in Part.

          Upon surrender of a Note that is redeemed or purchased in part, the Issuer shall issue and the
Trustee shall authenticate for the Holder at the expense of the Issuer a new Note equal in
principal amount to the unredeemed or unpurchased portion of the Note surrendered representing the
same indebtedness to the extent not redeemed or purchased; provided that each new Note will
be in a principal amount of $2,000 or an integral multiple of $2,000. It is understood that,
notwithstanding anything in this
Indenture to the contrary, only an Authentication Order and not an Opinion of Counsel or
Officer’s Certificate is required for the Trustee to authenticate such new Note.

		
	Section 3.07	Optional Redemption.

          (a) At any time prior to May 1, 2011, the Issuer may redeem all or a part of the Notes, upon
not less than 30 nor more than 60 days’ prior notice mailed by first-class mail to the registered
address of each Holder of Notes, at a redemption price equal to 100% of the principal amount of the
Notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest and Additional
Interest, if any, to the date of redemption (the “Redemption Date”), subject to the rights
of Holders of Notes on the relevant Record Date to receive interest due on the relevant Interest
Payment Date.

          (b) Until May 1, 2009, the Issuer may, at its option, on one or more occasions, redeem up to
35% of the aggregate principal amount of Notes at a redemption price equal to 109.500% of the
aggregate principal amount thereof, plus accrued and unpaid interest thereon and Additional
Interest, if any, to the applicable Redemption Date, subject to the right of Holders of Notes of
record on the relevant Record Date to receive interest due on the relevant Interest Payment Date,
with the net cash proceeds of one or more Equity Offerings; provided that at least 65% of
the sum of the aggregate principal amount of Notes originally issued under this Indenture and any
Additional Notes that are Notes issued after the Issue Date remains outstanding immediately after
the occurrence of each such redemption; provided further that each such redemption
occurs within 90 days of the date of closing of each such Equity Offering. Notice of any
redemption upon any Equity Offering may be given prior to the redemption thereof, and

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any such redemption or notice may, at the Issuer’s discretion, be subject to one or more conditions
precedent, including, but not limited to, completion of the related Equity Offering.

          (c) Except pursuant to clause (a) or (b) of this Section 3.07, the Notes will not be
redeemable at the Issuer’s option prior to May 1, 2011.

          (d) On and after May 1, 2011, the Issuer may redeem the Notes, in whole or in part, upon not
less than 30 nor more than 60 days’ prior notice by first-class mail, postage prepaid, with a copy
to the Trustee, to each Holder of Notes at the address of such Holder appearing in the security
register, at the redemption prices (expressed as percentages of principal amount of the Notes to
be redeemed) set forth below, plus accrued and unpaid interest thereon and Additional Interest, if
any, to the applicable Redemption Date, subject to the right of Holders of Notes of record on the
relevant Record Date to receive interest due on the relevant Interest Payment Date, if redeemed
during the twelve-month period beginning on May 1 of each of the years indicated below:

	 	 	 	 	 
	Year	 	Percentage
	 
	 	 	 	 
	2011
	 	 	104.750	%
	2012
	 	 	103.167	%
	2013
	 	 	101.583	%
	2014 and thereafter
	 	 	100.000	%

          (e) Any redemption pursuant to this Section 3.07 shall be made pursuant to the provisions of
Sections 3.01 through 3.06 hereof.

			
	Section 3.08	 	Mandatory Redemption.

          The Issuer shall not be required to make mandatory redemption or sinking fund payments with
respect to the Notes.

			
	Section 3.09	 	Offers to Repurchase by Application of Excess Proceeds.

          (a) In the event that, pursuant to Section 4.10 hereof, the Issuer shall be required to
commence an Asset Sale Offer, it shall follow the procedures specified below.

          (b) The Asset Sale Offer shall remain open for a period of 20 Business Days following its
commencement and no longer, except to the extent that a longer period is required by applicable law
(the “Offer Period”). No later than five Business Days after the termination of the Offer
Period (the “Purchase Date”), the Issuer shall apply all Excess Proceeds (the “Offer
Amount”) to the purchase of Notes and, if required, Pari Passu Indebtedness (on a pro rata
basis, if applicable), or, if less than the Offer Amount has been tendered, all Notes and Pari
Passu Indebtedness tendered in response to the Asset Sale Offer. Payment for any Notes so
purchased shall be made in the same manner as interest payments are made.

          (c) If the Purchase Date is on or after a Record Date and on or before the related Interest
Payment Date, any accrued and unpaid interest and Additional Interest, if any, up to but excluding
the Purchase Date, shall be paid to the Person in whose name a Note is registered at the close of
business on such Record Date, and no additional interest shall be payable to Holders who tender
Notes pursuant to the Asset Sale Offer.

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          (d) Upon the commencement of an Asset Sale Offer, the Issuer shall send, by first-class mail,
a notice to each of the Holders, with a copy to the Trustee. The notice shall contain all
instructions and materials necessary to enable such Holders to tender Notes pursuant to the Asset
Sale Offer. The Asset Sale Offer shall be made to all Holders and holders of Pari Passu
Indebtedness. The notice, which shall govern the terms of the Asset Sale Offer, shall state:

     (i) that the Asset Sale Offer is being made pursuant to this Section 3.09 and Section
4.10 hereof and the length of time the Asset Sale Offer shall remain open;

     (ii) the Offer Amount, the purchase price and the Purchase Date;

     (iii) that any Note not tendered or accepted for payment shall continue to accrue
interest;

     (iv) that, unless the Issuer defaults in making such payment, any Note accepted for
payment pursuant to the Asset Sale Offer shall cease to accrue interest after the Purchase
Date;

     (v) that Holders electing to have a Note purchased pursuant to an Asset Sale Offer may
elect to have Notes purchased in integral multiples of $2,000 only;

     (vi) that Holders electing to have a Note purchased pursuant to any Asset Sale Offer
shall be required to surrender the Note, with the form entitled “Option of Holder to Elect
Purchase” attached to the Note completed, or transfer by book-entry transfer, to the
Issuer, the Depositary, if appointed by the Issuer, or a Paying Agent at the address
specified in the notice at least three days before the Purchase Date;

     (vii) that Holders shall be entitled to withdraw their election if the Issuer, the
Depositary or the Paying Agent, as the case may be, receives, not later than the expiration
of the Offer Period, a telegram, facsimile transmission or letter setting forth the name of
the Holder, the principal amount of the Note the Holder delivered for purchase and a
statement that such Holder is withdrawing his election to have such Note purchased;

     (viii) that, if the aggregate principal amount of Notes and Pari Passu Indebtedness
surrendered by the holders thereof exceeds the Offer Amount, the Trustee shall select the
Notes and, at the direction of the Issuer, such Pari Passu Indebtedness to be purchased on a
pro rata basis based on the accreted value or principal amount of the Notes or such Pari
Passu Indebtedness tendered (with such adjustments as may be deemed appropriate by the
Trustee so that only Notes in denominations of $2,000, or integral multiples thereof, shall
be purchased); and

     (ix) that Holders whose Notes were purchased only in part shall be issued new Notes
equal in principal amount to the unpurchased portion of the Notes surrendered (or
transferred by book-entry transfer) representing the same indebtedness to the extent not
repurchased.

          (e) On or before the Purchase Date, the Issuer shall, to the extent lawful, (1) accept for
payment, on a pro rata basis to the extent necessary, the Offer Amount of Notes or portions thereof
validly tendered pursuant to the Asset Sale Offer, or if less than the Offer Amount has been
tendered, all Notes tendered and (2) deliver or cause to be delivered to the Trustee the Notes
properly accepted together with an Officer’s Certificate stating the aggregate principal amount of
Notes or portions thereof so tendered.

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          (f) The Issuer, the Depositary or the Paying Agent, as the case may be, shall promptly mail or
deliver to each tendering Holder an amount equal to the purchase price of the Notes properly
tendered by such Holder and accepted by the Issuer for purchase, and the Issuer shall promptly
issue a new Note, and the Trustee, upon receipt of an Authentication Order, shall authenticate and
mail or deliver (or cause to be transferred by book-entry) such new Note to such Holder (it being
understood that, notwithstanding anything in this Indenture to the contrary, no Opinion of Counsel
or Officer’s Certificate is required for the Trustee to authenticate and mail or deliver such new
Note) in a principal amount equal to any unpurchased portion of the Note surrendered representing
the same indebtedness to the extent not repurchased; provided, that each such new Note
shall be in a principal amount of $2,000 or an integral multiple thereof. Any Note not so accepted
shall be promptly mailed or delivered by the Issuer to the Holder thereof. The Issuer shall
publicly announce the results of the Asset Sale Offer on or as soon as practicable after the
Purchase Date.

          Other than as specifically provided in this Section 3.09 or Section 4.10 hereof, any purchase
pursuant to this Section 3.09 shall be made pursuant to the applicable provisions of Sections 3.01
through 3.06 hereof.

ARTICLE 4

COVENANTS

		
	Section 4.01	Payment of Notes.

          The Issuer shall pay or cause to be paid the principal of, premium, if any, Additional
Interest, if any, and interest on the Notes on the dates and in the manner provided in the Notes.
Principal, premium, if any, Additional Interest, if any, and interest shall be considered paid on
the date due if the Paying Agent, if other than the Issuer or a Subsidiary, holds as of noon
Eastern Time on the due date money deposited by the Issuer in immediately available funds and
designated for and sufficient to pay all principal, premium, if any, and interest then due.

          The Issuer shall pay all Additional Interest, if any, in the same manner on the dates and in
the amounts set forth in the Registration Rights Agreement.

          The Issuer shall pay interest (including post-petition interest in any proceeding under any
Bankruptcy Law) on overdue principal at the rate equal to the then applicable interest rate on the
Notes to the extent lawful; it shall pay interest (including post-petition interest in any
proceeding under any Bankruptcy Law) on overdue installments of interest and Additional Interest
(without regard to any applicable grace period) at the same rate to the extent lawful.

		
	Section 4.02	Maintenance of Office or Agency.

          The Issuer shall maintain an office or agency (which may be an office of the Trustee or an
affiliate of the Trustee, Registrar or co-registrar) where Notes may be surrendered for
registration of transfer or for exchange and where notices and demands to or upon the Issuer in
respect of the Notes and this Indenture may be served. The Issuer shall give prompt written notice
to the Trustee of the location, and any change in the location, of such office or agency. If at
any time the Issuer shall fail to maintain any such required office or agency or shall fail to
furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands
may be made or served at the Corporate Trust Office of the Trustee.

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          The Issuer may also from time to time designate one or more other offices or agencies where
the Notes may be presented or surrendered for any or all such purposes and may from time to time
rescind such designations; provided that no such designation or rescission shall in any
manner relieve the Issuer of its obligation to maintain an office or agency for such purposes. The
Issuer shall give prompt written notice to the Trustee of any such designation or rescission and of
any change in the location of any such other office or agency.

          The Issuer hereby designates the Corporate Trust Office of the Trustee as one such office or
agency of the Issuer in accordance with Section 2.03 hereof.

		
	Section 4.03	Reports and Other Information.

          (a) Notwithstanding that the Issuer may not be subject to the reporting requirements of
Section 13 or 15(d) of the Exchange Act or otherwise report on an annual and quarterly basis on
forms provided for such annual and quarterly reporting pursuant to rules and regulations
promulgated by the SEC, the Issuer shall file with the SEC (and make available to the Trustee and
Holders of the Notes (without exhibits), without cost to any Holder, within 15 days after the
Issuer files them with the SEC) from and after the Issue Date,

     (1) within 90 days (or any other time period then in effect under the rules and
regulations of the Exchange Act with respect to the filing of a Form 10-K by a
non-accelerated filer) after the end of each fiscal year, annual reports on Form 10-K, or
any successor or comparable form, containing the information required to be contained
therein, or required in such successor or comparable form;

     (2) within 45 days after the end of each of the first three fiscal quarters of each
fiscal year, reports on Form 10-Q containing all quarterly information that would be
required to be contained in Form 10-Q, or any successor or comparable form;

     (3) promptly from time to time after the occurrence of an event required to be therein
reported, such other reports on Form 8-K, or any successor or comparable form; and

     (4) any other information, documents and other reports that the Issuer would be
required to file with the SEC if it were subject to Section 13 or 15(d) of the Exchange Act;

in each case, in a manner that complies in all material respects with the requirements specified in
such form; provided that the Issuer shall not be so obligated to file such reports with the
SEC (A) if the SEC does not permit such filing or (B) prior to the completion of the Exchange Offer
or the effectiveness of the Shelf Registration Statement with respect to the Notes, in which event
the Issuer shall post such information on its website and make available such information to
prospective purchasers of Notes, in addition to providing such information to the Trustee and the
Holders of the Notes, in each case within 15 days after the time the Issuer would be required to
file such information with the SEC, if it were subject to Sections 13 or 15(d) of the Exchange Act.
In addition, to the extent not satisfied by the foregoing, for so long as any Notes are
outstanding, the Issuer shall furnish to Holders and to securities analysts and prospective
investors, upon their request, the information required to be delivered pursuant to Rule 144A(d)(4)
under the Securities Act.

          (b) In the event that any direct or indirect parent company of the Issuer becomes a guarantor
of the Notes, the Issuer may satisfy its obligations under this Section 4.03 with respect to
financial information relating to the Issuer by furnishing financial information relating to such
parent; provided that the same is accompanied by consolidating information that explains in
reasonable detail the differ-

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ences between the information relating to such parent, on the one hand,
and the information relating to the Issuer and its Restricted Subsidiaries on a standalone basis,
on the other hand.

          (c) Notwithstanding the foregoing, the requirements of this Section 4.03 shall be deemed
satisfied prior to the commencement of the Exchange Offer or the effectiveness of the Shelf
Registration Statement by the filing with the SEC of any registration statement or other filing, or
any amendments thereto, with such financial information that satisfies Regulation S-X of the
Securities Act.

		
	Section 4.04	Compliance Certificate.

          (a) The Issuer and each Guarantor (to the extent that such Guarantor is so required under the
Trust Indenture Act) shall deliver to the Trustee, within 90 days after the end of each fiscal year
ending after the Issue Date, a certificate from the principal executive officer, principal
financial officer or principal accounting officer stating that a review of the activities of the
Issuer and its Restricted Subsidiaries during the preceding fiscal year has been made under the
supervision of the signing Officer with a view to determining whether the Issuer has kept,
observed, performed and fulfilled its obligations under this Indenture, and further stating, as to
such Officer signing such certificate, that to the best of his or her knowledge the Issuer has
kept, observed, performed and fulfilled each and every condition and covenant contained in this
Indenture and is not in default in the performance or observance of any of the terms, provisions,
covenants and conditions of this Indenture (or, if a Default shall have occurred, describing all
such Defaults of which he or she may have knowledge and what action the Issuer is taking or
proposes to take with respect thereto).

          (b) When any Default has occurred and is continuing under this Indenture, or if the Trustee or
the holder of any other evidence of Indebtedness of the Issuer or any Subsidiary gives any notice
or takes any other action with respect to a claimed Default, the Issuer shall promptly (which shall
be no more than ten (10) Business Days) deliver to the Trustee by registered or certified mail or
by facsimile transmission an Officer’s Certificate specifying such event and what action the Issuer
proposes to take with respect thereto.

		
	Section 4.05	Taxes.

          The Issuer shall pay, and shall cause each of its Restricted Subsidiaries to pay, prior to
delinquency, all material taxes, assessments, and governmental levies except such as are contested
in good faith and by appropriate negotiations or proceedings or where the failure to effect such
payment is not adverse in any material respect to the Holders of the Notes.

		
	Section 4.06	Stay, Extension and Usury Laws.

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

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	Section 4.07	Limitation on Restricted Payments.

          (a) The Issuer shall not, and shall not permit any of its Restricted Subsidiaries to, directly
or indirectly:

     (I) declare or pay any dividend or make any payment or distribution on account of the
Issuer’s, or any of its Restricted Subsidiaries’ Equity Interests, including any dividend or
distribution payable in connection with any merger or consolidation other than:

     (A) dividends or distributions by the Issuer payable solely in Equity Interests
(other than Disqualified Stock) of the Issuer; or

     (B) dividends or distributions by a Restricted Subsidiary so long as, in the
case of any dividend or distribution payable on or in respect of any class or series
of securities issued by a Restricted Subsidiary other than a Wholly-Owned
Subsidiary, the Issuer or a Restricted Subsidiary receives at least its pro rata
share of such dividend or distribution in accordance with its Equity Interests in
such class or series of securities;

     (II) purchase, redeem, defease or otherwise acquire or retire for value any Equity
Interests of the Issuer or any direct or indirect parent of the Issuer, including in
connection with any merger or consolidation;

     (III) make any principal payment on, or redeem, repurchase, defease or otherwise
acquire or retire for value in each case, prior to any scheduled repayment, sinking fund
payment or maturity, any Subordinated Indebtedness, other than:

     (A) Indebtedness permitted under clauses (7) and (8) of Section 4.09(b) hereof;
or

     (B) the purchase, repurchase or other acquisition of Subordinated Indebtedness
purchased in anticipation of satisfying a sinking fund obligation, principal
installment or final maturity, in each case due within one year of the date of
purchase, repurchase or acquisition; or

     (IV) make any Restricted Investment

(all such payments and other actions set forth in clauses (I) through (IV) above being collectively
referred to as “Restricted Payments”), unless, at the time of such Restricted Payment:

     (1) no Default shall have occurred and be continuing or would occur as a consequence
thereof;

     (2) immediately after giving effect to such transaction on a pro forma basis, the
Issuer could incur $1.00 of additional Indebtedness under Section 4.09(a) hereof; and

     (3) such Restricted Payment, together with the aggregate amount of all other Restricted
Payments made by the Issuer and its Restricted Subsidiaries after the Issue Date (including
Restricted Payments permitted by clauses (1), (9) and (14) of Section 4.07(b) hereof, but
excluding all other Restricted Payments permitted by Section 4.07(b) hereof), is less than
the sum of (without duplication):

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     (a) 50% of the Consolidated Net Income of the Issuer for the period
(taken as one accounting period) beginning April 1, 2006, to the end of the Issuer’s
most recently ended fiscal quarter for which internal financial statements are
available at the time of such Restricted Payment, or, in the case such Consolidated
Net Income for such period is a deficit, minus 100% of such deficit; plus

     (b) 100% of the aggregate net cash proceeds and the fair market value of
marketable securities or other property received by the Issuer since immediately
after the Issue Date (other than net cash proceeds to the extent such net cash
proceeds have been used to incur Indebtedness, Disqualified Stock or Preferred Stock
pursuant to clause (12)(a) of Section 4.09(b) hereof) from the issue or sale of:

     (i) (A) Equity Interests of the Issuer, including Treasury Capital
Stock, but excluding cash proceeds and the fair market value of marketable
securities or other property received from the sale of:

     (x) Equity Interests to members of management, directors or
consultants of the Issuer, any direct or indirect parent company of
the Issuer and the Issuer’s Subsidiaries after the Issue Date to the
extent such amounts have been applied to Restricted Payments made in
accordance with clause (4) of Section 4.07(b) hereof; and

     (y) Designated Preferred Stock

and (B) to the extent such net cash proceeds are actually contributed to the
Issuer, Equity Interests of the Issuer’s direct or indirect parent companies
(excluding contributions of the proceeds from the sale of Designated
Preferred Stock of such companies or contributions to the extent such
amounts have been applied to Restricted Payments made in accordance with
clause (4) of Section 4.07(b) hereof); or

     (ii) debt securities of the Issuer that have been converted into or
exchanged for such Equity Interests of the Issuer;

provided, however, that this clause (b) shall not include the
proceeds from (W) Refunding Capital Stock, (X) Equity Interests or convertible debt
securities of the Issuer sold to a Restricted Subsidiary, as the case may be, (Y)
Disqualified Stock or debt securities that have been converted into Disqualified
Stock or (Z) Excluded Contributions; plus

     (c) 100% of the aggregate amount of cash and the fair market value of
marketable securities or other property contributed to the capital of the Issuer
following the Issue Date (other than net cash proceeds to the extent such net cash
proceeds have been used to incur Indebtedness, Disqualified Stock or Preferred Stock
pursuant to clause (12)(a) of Section 4.09(b) hereof) (other than by a Restricted
Subsidiary and other than by any Excluded Contributions); plus

     (d) 100% of the aggregate amount received in cash and the fair market value of
marketable securities or other property received by means of:

     (i) the sale or other disposition (other than to the Issuer or a
Restricted Subsidiary) of Restricted Investments made by the Issuer or its
Restricted

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Subsidiaries and repurchases and redemptions of such Restricted
Investments from the Issuer or its Restricted Subsidiaries and repayments of
loans or advances, and releases of guarantees, which constitute Restricted
Investments by the Issuer or its Restricted Subsidiaries, in each case after
the Issue Date; or

     (ii) the sale (other than to the Issuer or a Restricted Subsidiary) of
the stock of an Unrestricted Subsidiary or a distribution from an
Unrestricted Subsidiary (other than in each case to the extent the
Investment in such Unrestricted Subsidiary was made by the Issuer or a
Restricted Subsidiary pursuant to clause (7) of Section 4.07(b) hereof or to
the extent such Investment constituted a Permitted Investment) or a dividend
from an Unrestricted Subsidiary after the Issue Date; plus

     (e) in the case of the redesignation of an Unrestricted Subsidiary as a
Restricted Subsidiary after the Issue Date, the fair market value of the Investment
in such Unrestricted Subsidiary (which, if the fair market value of such Investment
may exceed $20.0 million, shall be set forth in writing by an Independent Financial
Advisor), at the time of the redesignation of such Unrestricted Subsidiary as a
Restricted Subsidiary other than an Unrestricted Subsidiary to the extent the
Investment in such Unrestricted Subsidiary was made by the Issuer or a Restricted
Subsidiary pursuant to clause (7) of Section 4.07(b) hereof or to the extent such
Investment constituted a Permitted Investment.

     (b) The foregoing provisions of Section 4.07(a) hereof shall not prohibit:

     (1) the payment of any dividend within 60 days after the date of declaration thereof,
if at the date of declaration such payment would have complied with the provisions of this
Indenture;

     (2) (a) the redemption, repurchase, retirement or other acquisition of any Equity
Interests (“Treasury Capital Stock”) or Subordinated Indebtedness of the Issuer or
any Equity Interests of any direct or indirect parent company of the Issuer, in exchange
for, or out of the proceeds of the substantially concurrent sale (other than to a Restricted
Subsidiary) of, Equity Interests of the Issuer or any direct or indirect parent company of
the Issuer to the extent contributed to the Issuer (in each case, other than any
Disqualified Stock of the Issuer) (“Refunding Capital Stock”) and (b) if immediately
prior to the retirement of Treasury Capital Stock, the declaration and payment of dividends
thereon was permitted under clause (6) of this Section 4.07(b), the declaration and payment
of dividends on the Refunding Capital Stock (other than Refunding Capital Stock the proceeds
of which were used to redeem, repurchase, retire or otherwise acquire any Equity Interests
of any direct or indirect parent company of the Issuer) in an aggregate amount no greater
than the aggregate amount of dividends that could have been paid on such Treasury Capital
Stock in reliance on clause (6) of this Section 4.07(b) immediately prior to such
retirement;

     (3) the redemption, repurchase or other acquisition or retirement of Subordinated
Indebtedness of the Issuer or a Guarantor made by exchange for, or out of the proceeds of
the substantially concurrent sale of, new Indebtedness of the Issuer or a Guarantor, as the
case may be, which is incurred in compliance with Section 4.09 hereof so long as:

     (a) the principal amount (or accreted value, if applicable) of such new
Indebtedness does not exceed the principal amount of (or accreted value, if
applicable), plus any accrued and unpaid interest on, the Subordinated Indebtedness being so
redeemed, repurchased, acquired or retired for value, plus the amount of any
reasonable

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premium paid (including reasonable tender premiums) and any reasonable
fees and expenses incurred in connection with the issuance of such new Indebtedness;

     (b) such new Indebtedness is subordinated to the Notes or the applicable
Guarantee at least to the same extent as such Subordinated Indebtedness so
purchased, exchanged, redeemed, repurchased, acquired or retired for value;

     (c) such new Indebtedness has a final scheduled maturity date equal to or later
than the final scheduled maturity date of the Subordinated Indebtedness being so
redeemed, repurchased, acquired or retired; and

     (d) such new Indebtedness has a Weighted Average Life to Maturity equal to or
greater than the remaining Weighted Average Life to Maturity of the Subordinated
Indebtedness being so redeemed, repurchased, acquired or retired;

     (4) a Restricted Payment to pay for the repurchase, retirement or other acquisition or
retirement for value of Equity Interests of the Issuer or any of its direct or indirect
parent companies held by any future, present or former employee, director or consultant of
the Issuer, any of its Subsidiaries or any of its direct or indirect parent companies
pursuant to any management equity plan or stock option plan or any other management or
employee benefit plan or agreement; provided, however, that the aggregate
Restricted Payments made under this clause (4) do not exceed in any calendar year $7.5
million (with unused amounts in any calendar year being carried over to succeeding calendar
years subject to a maximum (without giving effect to the following proviso) of $15.0 million
in any calendar year; provided, further, that such amount in any calendar
year may be increased by an amount not to exceed:

     (a) the cash proceeds from the sale of Equity Interests (other than
Disqualified Stock) of the Issuer and, to the extent contributed to the Issuer,
Equity Interests of any of the Issuer’s direct or indirect parent companies, in each
case to members of management, directors or consultants of the Issuer, any of its
Subsidiaries or any of its direct or indirect parent companies that occurs after the
Issue Date, to the extent the cash proceeds from the sale of such Equity Interests
have not otherwise been applied to the payment of Restricted Payments by virtue of
clause (3) of Section 4.07(a) hereof; plus

     (b) the cash proceeds of key man life insurance policies received by the Issuer
or its Restricted Subsidiaries after the Issue Date; less

     (c) the amount of any Restricted Payments previously made with the cash
proceeds described in clauses (a) and (b) of this clause (4);

and provided, further, that cancellation of Indebtedness owing to the Issuer from
members of management of the Issuer, any of the Issuer’s direct or indirect parent companies or any
of the Issuer’s Restricted Subsidiaries in connection with a repurchase of Equity Interests of the
Issuer or any of its direct or indirect parent companies will not be deemed to constitute a
Restricted Payment for purposes of this Section 4.07 or any other provision of this Indenture;

     (5) the declaration and payment of dividends to holders of any class or series of
Disqualified Stock of the Issuer or any of its Restricted Subsidiaries issued in accordance
with Section 4.09 hereof to the extent such dividends are included in the definition of
“Fixed Charges”;

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     (6) (a) the declaration and payment of dividends to holders of any class or series of
Designated Preferred Stock (or Refunding Capital Stock issued in exchange therefor) issued
by the Issuer after the Issue Date, provided that the amount of dividends paid
pursuant to this clause (a) shall not exceed the aggregate amount of cash actually received
by the Issuer from the sale of such Designated Preferred Stock; or

     (b) the declaration and payment of dividends to a direct or indirect parent company of
the Issuer, the proceeds of which will be used to fund the payment of dividends to holders
of any class or series of Designated Preferred Stock (or Refunding Capital Stock issued in
exchange therefor) of such parent corporation issued after the Issue Date, provided
that the amount of dividends paid pursuant to this clause (b) shall not exceed the aggregate
amount of cash actually contributed to the Issuer from the sale of such Designated Preferred
Stock;

     (7) Investments in Unrestricted Subsidiaries having an aggregate fair market value,
taken together with all other Investments made pursuant to this clause (7) that are at the
time outstanding, without giving effect to the sale of an Unrestricted Subsidiary to the
extent the proceeds of such sale do not consist of cash or marketable securities, not to
exceed the greater of (x) $20.0 million and (y) 2.0% of Total Assets at the time of such
Investment (with the fair market value of each Investment being measured at the time made
and without giving effect to subsequent changes in value);

     (8) repurchases of Equity Interests deemed to occur upon exercise of stock options or
warrants if such Equity Interests represent a portion of the exercise price of such options
or warrants;

     (9) the declaration and payment of dividends on the Issuer’s common stock (or the
payment of dividends to any direct or indirect parent entity to fund a payment of dividends
on such entity’s common stock), following the first public offering of the Issuer’s common
stock or the common stock of any of its direct or indirect parent companies after the Issue
Date, of up to 6% per annum of the net cash proceeds received by or contributed to the
Issuer in or from any public offering, other than public offerings with respect to the
Issuer’s common stock registered on Form S-8 and other than any public sale constituting an
Excluded Contribution;

     (10) Restricted Payments that are made with Excluded Contributions;

     (11) other Restricted Payments in an aggregate amount taken together with all other
Restricted Payments made pursuant to this clause (11) not to exceed the greater of (x) $20.0
million or (y) 2.0% of Total Assets at the time made;

     (12) distributions or payments of Receivables Fees;

     (13) any Restricted Payment used to fund the Transaction and the fees and expenses
related thereto or owed to Affiliates, in each case to the extent described in the Offering
Memorandum;

     (14) the repurchase, redemption or other acquisition or retirement for value of any
Subordinated Indebtedness in accordance with provisions applicable thereto similar to those
described under Section 4.10 and Section 4.14 hereof; provided that all Notes
tendered by Holders in connection with a Change of Control Offer or Asset Sale Offer, as
applicable, have been repurchased, redeemed or acquired for value;

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     (15) the declaration and payment of dividends by the Issuer to, or the making of loans
to, any direct or indirect parent in amounts required for any direct or indirect parent
companies to pay, in each case without duplication,

     (a) franchise taxes and other fees, taxes and expenses required to maintain
their corporate existence;

     (b) federal, state and local income taxes, to the extent such income taxes are
attributable to the income of the Issuer and its Restricted Subsidiaries and, to the
extent of the amount actually received from its Unrestricted Subsidiaries, in
amounts required to pay such taxes to the extent attributable to the income of such
Unrestricted Subsidiaries; provided that in each case the amount of such
payments in any fiscal year does not exceed the amount that the Issuer and its
Restricted Subsidiaries would be required to pay in respect of federal, state and
local taxes for such fiscal year were the Issuer, its Restricted Subsidiaries and
its Unrestricted Subsidiaries (to the extent described above) to pay such taxes
separately from any such parent entity;

     (c) customary salary, bonus and other benefits payable to officers and
employees of any direct or indirect parent company of the Issuer to the extent such
salaries, bonuses and other benefits are attributable to the ownership or operation
of the Issuer and its Restricted Subsidiaries;

     (d) general corporate operating and overhead costs and expenses of any direct
or indirect parent company of the Issuer to the extent such costs and expenses are
attributable to the ownership or operation of the Issuer and its Restricted
Subsidiaries; and

     (e) fees and expenses other than to Affiliates of the Issuer related to any
unsuccessful equity or debt offering of such parent entity; and

     (16) the distribution, dividend or otherwise, of shares of Capital Stock of, or
Indebtedness owed to the Issuer or a Restricted Subsidiary by Unrestricted Subsidiaries
(other than Unrestricted Subsidiaries, the primary assets of which are cash and/or Cash
Equivalents);

provided, however, that at the time of, and after giving effect to, any Restricted
Payment permitted under clauses (11) and (16) of this Section 4.07(b), no Default shall have
occurred and be continuing or would occur as a consequence thereof.

          (c) The Issuer shall not permit any Unrestricted Subsidiary to become a Restricted Subsidiary
except pursuant to the last sentence of the definition of “Unrestricted Subsidiary.” For purposes
of designating any Restricted Subsidiary as an Unrestricted Subsidiary, all outstanding Investments
by the Issuer and its Restricted Subsidiaries (except to the extent repaid) in the Subsidiary so
designated shall be deemed to be Restricted Payments in an amount determined as set forth in the
last sentence of the definition of “Investment.” Such designation shall be permitted only if a
Restricted Payment in such amount would be permitted at such time, whether pursuant to Section
4.07(a) hereof or under clause (7), (10), (11) or (16) of Section 4.07(b) hereof, or pursuant to
the definition of “Permitted Investments,” and if such Subsidiary otherwise meets the definition of
an Unrestricted Subsidiary.

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	Section 4.08	Dividend and Other Payment Restrictions Affecting Restricted
Subsidiaries.

          (a) The Issuer shall not, and shall not permit any of its Restricted Subsidiaries that are not
Guarantors to, directly or indirectly, create or otherwise cause or suffer to exist or become
effective any consensual encumbrance or consensual restriction on the ability of any such
Restricted Subsidiary to:

     (1) (A) pay dividends or make any other distributions to the Issuer or any of its
Restricted Subsidiaries on its Capital Stock or with respect to any other interest or
participation in, or measured by, its profits, or

     (B) pay any Indebtedness owed to the Issuer or any of its Restricted Subsidiaries;

     (2) make loans or advances to the Issuer or any of its Restricted Subsidiaries; or

     (3) sell, lease or transfer any of its properties or assets to the Issuer or any of its
Restricted Subsidiaries.

          (b) The restrictions in Section 4.08(a) hereof shall not apply to encumbrances or restrictions
existing under or by reason of:

     (1) contractual encumbrances or restrictions in effect on the Issue Date;

     (2) this Indenture, the Notes and the Credit Facilities;

     (3) purchase money obligations for property acquired in the ordinary course of business
that impose restrictions of the nature discussed in clause (3) of Section 4.08(a) hereof on
the property so acquired;

     (4) applicable law or any applicable rule, regulation or order;

     (5) any agreement or other instrument of a Person acquired by the Issuer or any of its
Restricted Subsidiaries in existence at the time of such acquisition (but not created in
contemplation thereof), which encumbrance or restriction is not applicable to any Person, or
the properties or assets of any Person, other than the Person and its Subsidiaries, or the
property or assets of the Person and its Subsidiaries, so acquired;

     (6) contracts for the sale of assets, including customary restrictions with respect to
a Subsidiary of the Issuer pursuant to an agreement that has been entered into for the sale
or disposition of all or substantially all of the Capital Stock or assets of such
Subsidiary, that impose restrictions on the assets to be sold;

     (7) Secured Indebtedness otherwise permitted to be incurred pursuant to Section 4.09
hereof and Section 4.12 hereof that limit the right of the debtor to dispose of the assets
securing such Indebtedness;

     (8) restrictions on cash or other deposits or net worth imposed by customers under
contracts entered into in the ordinary course of business;

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     (9) other Indebtedness, Disqualified Stock or Preferred Stock of Foreign Subsidiaries
permitted to be incurred subsequent to the Issue Date pursuant to the provisions of Section
4.09 hereof;

     (10) customary provisions in joint venture agreements and other similar agreements
relating solely to such joint venture;

     (11) customary provisions contained in leases or licenses of intellectual property and
other agreements, in each case, entered into in the ordinary course of business;

     (12) any encumbrances or restrictions of the type referred to in clauses (1), (2) and
(3) of Section 4.08(a) hereof imposed by any amendments, modifications, restatements,
renewals, increases, supplements, refundings, replacements or refinancings of the contracts,
instruments or obligations referred to in clauses (1) through (11) of this Section 4.08(b);
provided that such amendments, modifications, restatements, renewals, increases,
supplements, refundings, replacements or refinancings are, in the good faith judgment of the
Issuer, no more restrictive with respect to such encumbrance and other restrictions taken as
a whole than those prior to such amendment, modification, restatement, renewal, increase,
supplement, refunding, replacement or refinancing; and

     (13) restrictions created in connection with any Receivables Facility that, in the good
faith determination of the Issuer, are necessary or advisable to effect such Receivables
Facility.

		
	Section 4.09	Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock
and Preferred Stock.

          (a) The Issuer shall not, and shall not permit any of its Restricted Subsidiaries to, directly
or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly
liable, contingently or otherwise (collectively, “incur” and collectively, an
“incurrence”) with respect to any Indebtedness (including Acquired Indebtedness) and the
Issuer shall not issue any shares of Disqualified Stock and shall not permit any Restricted
Subsidiary to issue any shares of Disqualified Stock or Preferred Stock; provided,
however, that the Issuer may incur Indebtedness (including Acquired Indebtedness) or issue
shares of Disqualified Stock, and any Restricted Subsidiary may incur Indebtedness (including
Acquired Indebtedness), issue shares of Disqualified Stock and issue shares of Preferred Stock, if
the Fixed Charge Coverage Ratio on a consolidated basis for the Issuer and its Restricted
Subsidiaries’ most recently ended four fiscal quarters for which internal financial statements are
available immediately preceding the date on which such additional Indebtedness is incurred or such
Disqualified Stock or Preferred Stock is issued would have been at least 2.00 to 1.00, determined
on a pro forma basis (including a pro forma application of the net proceeds therefrom), as if the
additional Indebtedness had been incurred, or the Disqualified Stock or Preferred Stock had been
issued, as the case may be, and the application of proceeds therefrom had occurred at the beginning
of such four-quarter period; provided that the amount of Indebtedness, Disqualified Stock
and Preferred Stock that may be incurred pursuant to the foregoing by Restricted Subsidiaries that
are not Guarantors shall not exceed $15.0 million at any one time outstanding.

          (b) The provisions of Section 4.09(a) hereof shall not apply to:

     (1) the incurrence of Indebtedness under Credit Facilities by the Issuer or any of its
Restricted Subsidiaries and the issuance and creation of letters of credit and bankers’
acceptances thereunder (with letters of credit and bankers’ acceptances being deemed to have
a principal amount equal to the face amount thereof), up to an aggregate principal amount of
$515.0 million outstanding at any one time, less any permanent payments actually made by the
borrower there-

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under following the Issue Date in respect of Indebtedness thereunder with Net Proceeds
from an Asset Sale;

     (2) the incurrence by the Issuer and any Guarantor of Indebtedness represented by the
Notes (including any Guarantee) (other than any Additional Notes);

     (3) Indebtedness of the Issuer and its Restricted Subsidiaries in existence on the
Issue Date (other than Indebtedness described in clauses (1) and (2) of this Section
4.09(b));

     (4) Indebtedness (including Capitalized Lease Obligations), Disqualified Stock and
Preferred Stock incurred by the Issuer or any of its Restricted Subsidiaries, to finance the
purchase, lease or improvement of property (real or personal) or equipment (other than
software) that is used or useful in a Similar Business, whether through the direct purchase
of assets or the Capital Stock of any Person owning such assets, in an aggregate principal
amount not to exceed $20.0 million at any time outstanding;

     (5) Indebtedness incurred by the Issuer or any of its Restricted Subsidiaries
constituting reimbursement obligations with respect to letters of credit issued in the
ordinary course of business, including letters of credit in respect of workers’ compensation
claims, or other Indebtedness with respect to reimbursement type obligations regarding
workers’ compensation claims; provided, however, that upon the drawing of
such letters of credit or the incurrence of such Indebtedness, such obligations are
reimbursed within 30 days following such drawing or incurrence;

     (6) Indebtedness arising from agreements of the Issuer or its Restricted Subsidiaries
providing for indemnification, adjustment of purchase price or similar obligations, in each
case, incurred or assumed in connection with the disposition of any business, assets or a
Subsidiary, other than guarantees of Indebtedness incurred by any Person acquiring all or
any portion of such business, assets or a Subsidiary for the purpose of financing such
acquisition; provided, however, that

     (A) such Indebtedness is not reflected on the balance sheet of the Issuer, or
any of its Restricted Subsidiaries (Contingent Obligations referred to in a footnote
to financial statements and not otherwise reflected on the balance sheet will not be
deemed to be reflected on such balance sheet for purposes of this clause (6)(A));
and

     (B) the maximum assumable liability in respect of all such Indebtedness shall
at no time exceed the gross proceeds including non-cash proceeds (the fair market
value of such non-cash proceeds being measured at the time received and without
giving effect to any subsequent changes in value) actually received by the Issuer
and its Restricted Subsidiaries in connection with such disposition;

     (7) Indebtedness of the Issuer to a Restricted Subsidiary; provided that any
such Indebtedness owing to a Restricted Subsidiary that is not a Guarantor is expressly
subordinated in right of payment to the Notes; provided, further, that any
subsequent issuance or transfer of any Capital Stock or any other event which results in any
Restricted Subsidiary ceasing to be a Restricted Subsidiary or any other subsequent transfer
of any such Indebtedness (except to the Issuer or another Restricted Subsidiary or any
pledge of such Indebtedness constituting a Permitted Lien) shall be deemed, in each case, to
be an incurrence of such Indebtedness not permitted by this clause (7);

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     (8) Indebtedness of a Restricted Subsidiary to the Issuer or another Restricted
Subsidiary; provided that if a Guarantor incurs such Indebtedness to a Restricted
Subsidiary that is not a Guarantor, such Indebtedness is expressly subordinated in right of
payment to the Guarantee of the Notes of such Guarantor; provided, further,
that any subsequent transfer of any such Indebtedness (except to the Issuer or another
Restricted Subsidiary or any pledge of such Indebtedness constituting a Permitted Lien)
shall be deemed, in each case, to be an incurrence of such Indebtedness not permitted by
this clause (8);

     (9) shares of Preferred Stock of a Restricted Subsidiary issued to the Issuer or
another Restricted Subsidiary, provided that any subsequent issuance or transfer of
any Capital Stock or any other event which results in any such Restricted Subsidiary ceasing
to be a Restricted Subsidiary or any other subsequent transfer of any such shares of
Preferred Stock (except to the Issuer or another of its Restricted Subsidiaries) shall be
deemed in each case to be an issuance of such shares of Preferred Stock not permitted by
this clause (9);

     (10) Hedging Obligations (excluding Hedging Obligations entered into for speculative
purposes) for the purpose of limiting interest rate risk, exchange rate risk or commodity
pricing risk;

     (11) obligations in respect of performance, bid, appeal and surety bonds and completion
guarantees provided by the Issuer or any of its Restricted Subsidiaries in the ordinary
course of business;

     (12) (A) Indebtedness or Disqualified Stock of the Issuer and Indebtedness,
Disqualified Stock or Preferred Stock of the Issuer or any Restricted Subsidiary equal to
100.0% of the net cash proceeds received by the Issuer since immediately after the Issue
Date from the issue or sale of Equity Interests of the Issuer or cash contributed to the
capital of the Issuer (in each case, other than (v) proceeds of Disqualified Stock of the
Issuer, (w) proceeds of sales of Equity Interests to or contributions received from the
Issuer or any of its Subsidiaries (x) amounts that increased the amount available for
Restricted Payments pursuant to clause (3) of Section 4.07(a) hereof, (y) proceeds of
Refunding Capital Stock and (z) proceeds of Excluded Contributions) and (B) Indebtedness or
Disqualified Stock of the Issuer and Indebtedness, Disqualified Stock or Preferred Stock of
the Issuer or any Restricted Subsidiary not otherwise permitted hereunder in an aggregate
principal amount or liquidation preference, which when aggregated with the principal amount
and liquidation preference of all other Indebtedness, Disqualified Stock and Preferred Stock
then outstanding and incurred pursuant to this clause (12)(B), does not at any one time
outstanding exceed $50.0 million (it being understood that any Indebtedness, Disqualified
Stock or Preferred Stock incurred pursuant to this clause (12)(B) shall cease to be deemed
incurred or outstanding for purposes of this clause (12)(B) but shall be deemed incurred for
the purposes of Section 4.09(a) hereof from and after the first date on which the Issuer or
such Restricted Subsidiary could have incurred such Indebtedness, Disqualified Stock or
Preferred Stock under Section 4.09(a) hereof without reliance on this clause (12)(B));

     (13) the incurrence by the Issuer or any Restricted Subsidiary, of the Issuer of
Indebtedness, Disqualified Stock or Preferred Stock which serves to refund or refinance any
Indebtedness, Disqualified Stock or Preferred Stock incurred as permitted under Section
4.09(a) hereof and clauses (2), (3) and (12)(a) of this Section 4.09(b), this clause (13)
and clause (14) of this Section 4.09(b) or any Indebtedness, Disqualified Stock or Preferred
Stock issued to so refund or refinance such Indebtedness, Disqualified Stock or Preferred
Stock including additional Indebtedness, Disqualified Stock or Preferred Stock incurred to
pay premiums (including reasonable

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tender premiums), defeasance costs and fees in connection therewith (the
“Refinancing Indebtedness”) prior to its respective maturity; provided,
however, that such Refinancing Indebtedness:

     (A) has a Weighted Average Life to Maturity at the time such Refinancing
Indebtedness is incurred which is not less than the remaining Weighted Average Life
to Maturity of the Indebtedness, Disqualified Stock or Preferred Stock being
refunded or refinanced,

     (B) to the extent such Refinancing Indebtedness refinances (i) Indebtedness
subordinated or pari passu to the Notes or any Guarantee thereof, such Refinancing
Indebtedness is subordinated or pari passu to the Notes or the Guarantee at least to
the same extent as the Indebtedness being refinanced or refunded or (ii)
Disqualified Stock or Preferred Stock, such Refinancing Indebtedness must be
Disqualified Stock or Preferred Stock, respectively, and

     (C) shall not include:

     (i) Indebtedness, Disqualified Stock or Preferred Stock of a Subsidiary
of the Issuer that is not a Guarantor that refinances Indebtedness,
Disqualified Stock or Preferred Stock of the Issuer;

     (ii) Indebtedness, Disqualified Stock or Preferred Stock of a
Subsidiary of the Issuer, that is not a Guarantor that refinances
Indebtedness, Disqualified Stock or Preferred Stock of a Guarantor; or

     (iii) Indebtedness, Disqualified Stock or Preferred Stock of the Issuer
or a Restricted Subsidiary that refinances Indebtedness, Disqualified Stock
or Preferred Stock of an Unrestricted Subsidiary;

and provided, further, that subclause (A) of this clause (13) will not apply
to any refunding or refinancing of any Senior Indebtedness;

     (14) Indebtedness, Disqualified Stock or Preferred Stock of (x) the Issuer or a
Restricted Subsidiary incurred to finance an acquisition or (y) Persons that are acquired by
the Issuer or any Restricted Subsidiary or merged into the Issuer or a Restricted Subsidiary
in accordance with the terms of this Indenture; provided that after giving effect to such
acquisition or merger, either

     (A) the Issuer would be permitted to incur at least $1.00 of additional
Indebtedness pursuant to the Fixed Charge Coverage Ratio test set forth in Section
4.09(a) hereof, or

     (B) the Fixed Charge Coverage Ratio of the Issuer and the Restricted
Subsidiaries is greater than immediately prior to such acquisition or merger;

     (15) Indebtedness arising from the honoring by a bank or other financial institution of
a check, draft or similar instrument drawn against insufficient funds in the ordinary course
of business, provided that such Indebtedness is extinguished within two Business
Days of its incurrence;

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     (16) Indebtedness of the Issuer or any of its Restricted Subsidiaries supported by a
letter of credit issued pursuant to the Credit Facilities, in a principal amount not in
excess of the stated amount of such letter of credit;

     (17) (A) any guarantee by the Issuer or a Restricted Subsidiary of Indebtedness or
other obligations of any Restricted Subsidiary so long as the incurrence of such
Indebtedness incurred by such Restricted Subsidiary is permitted under the terms of this
Indenture, or (B) any guarantee by a Restricted Subsidiary of Indebtedness of the Issuer
provided that such guarantee is incurred in accordance with Section 4.15 hereof;

     (18) Indebtedness of Foreign Subsidiaries of the Issuer incurred not to exceed at any
one time outstanding and together with any other Indebtedness incurred under this clause
(18) 5.0% of the Total Assets of the Foreign Subsidiaries (it being understood that any
Indebtedness incurred pursuant to this clause (18) shall cease to be deemed incurred or
outstanding for purposes of this clause (18) but shall be deemed incurred or outstanding for
the purposes of Section 4.09(a) hereof from and after the first date on which the applicable
Foreign Subsidiary could have incurred such Indebtedness under Section 4.09(a) hereof);

     (19) Indebtedness of the Issuer or any of its Restricted Subsidiaries consisting of (i)
the financing of insurance premiums or (ii) take-or-pay obligations contained in supply
arrangements in each case, incurred in the ordinary course of business; and

     (20) Indebtedness consisting of Indebtedness issued by the Issuer or any of its
Restricted Subsidiaries to current or former officers, directors and employees thereof,
their respective estates, spouses or former spouses, in each case to finance the purchase or
redemption of Equity Interests of the Issuer or any direct or indirect parent company of the
Issuer to the extent described in clause (4) of Section 4.07(b) hereof.

     (c) For purposes of determining compliance with this Section 4.09:

     (1) in the event that an item of Indebtedness, Disqualified Stock or Preferred Stock
(or any portion thereof) meets the criteria of more than one of the categories of permitted
Indebtedness, Disqualified Stock or Preferred Stock described in clauses (1) through (20) of
Section 4.09(b) hereof or is entitled to be incurred pursuant to Section 4.09(a) hereof, the
Issuer, in its sole discretion, shall classify or reclassify such item of Indebtedness,
Disqualified Stock or Preferred Stock (or any portion thereof) and shall only be required to
include the amount and type of such Indebtedness, Disqualified Stock or Preferred Stock in
one of the above clauses; provided that all Indebtedness outstanding under the
Credit Facilities on the Issue Date shall at all times be deemed to be outstanding in
reliance on clause (1) of Section 4.09(b) hereof; and

     (2) at the time of incurrence, the Issuer shall be entitled to divide and classify an
item of Indebtedness in more than one of the types of Indebtedness described in Sections
4.09(a) and 4.09(b) hereof.

          Accrual of interest, the accretion of accreted value and the payment of interest in the form
of additional Indebtedness, Disqualified Stock or Preferred Stock shall not be deemed to be an
incurrence of Indebtedness, Disqualified Stock or Preferred Stock for purposes of this Section
4.09.

          For purposes of determining compliance with any U.S. dollar-denominated restriction on the
incurrence of Indebtedness, the U.S. dollar-equivalent principal amount of Indebtedness denominated
in a foreign currency shall be calculated based on the relevant currency exchange rate in effect on
the date

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such Indebtedness was incurred, in the case of term debt, or first committed, in the case of
revolving credit debt; provided that if such Indebtedness is incurred to refinance other
Indebtedness denominated in a foreign currency, and such refinancing would cause the applicable
U.S. dollar denominated restriction to be exceeded if calculated at the relevant currency exchange
rate in effect on the date of such refinancing, such U.S. dollar-denominated restriction shall be
deemed not to have been exceeded so long as the principal amount of such refinancing Indebtedness
does not exceed the principal amount of such Indebtedness being refinanced.

          The principal amount of any Indebtedness incurred to refinance other Indebtedness, if incurred
in a different currency from the Indebtedness being refinanced, shall be calculated based on the
currency exchange rate applicable to the currencies in which such respective Indebtedness is
denominated that is in effect on the date of such refinancing.

		
	Section 4.10	Asset Sales.

          (a) The Issuer shall not, and shall not permit any of its Restricted Subsidiaries to, cause,
make or suffer to exist an Asset Sale, unless:

     (1) the Issuer or such Restricted Subsidiary, as the case may be, receives
consideration at the time of such Asset Sale at least equal to the fair market value of the
assets sold or otherwise disposed of; and

     (2) except in the case of a Permitted Asset Swap, at least 75% of the consideration
therefor received by the Issuer or such Restricted Subsidiary, as the case may be, is in the
form of cash or Cash Equivalents; provided that the amount of:

     (A) any liabilities (as shown on the Issuer’s or such Restricted Subsidiary’s
most recent balance sheet or in the footnotes thereto) of the Issuer or such
Restricted Subsidiary, other than liabilities that are by their terms subordinated
to the Notes, that are assumed by the transferee of any such assets and for which
the Issuer and all of its Restricted Subsidiaries have been validly released by all
creditors in writing,

     (B) any securities received by the Issuer or such Restricted Subsidiary from
such transferee that are converted by the Issuer or such Restricted Subsidiary into
cash (to the extent of the cash received) within 180 days following the closing of
such Asset Sale, and

     (C) any Designated Non-cash Consideration received by the Issuer or such
Restricted Subsidiary in such Asset Sale having an aggregate fair market value,
taken together with all other Designated Non-cash Consideration received pursuant to
this clause (C) that is at that time outstanding, not to exceed 2.5% of Total Assets
at the time of the receipt of such Designated Non-cash Consideration, with the fair
market value of each item of Designated Non-cash Consideration being measured at the
time received and without giving effect to subsequent changes in value,

     shall be deemed to be cash for purposes of this provision and for no other purpose.

          (b) Within 365 days after the receipt of any Net Proceeds of any Asset Sale, the Issuer or
such Restricted Subsidiary, at its option, may apply the Net Proceeds from such Asset Sale,

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     (1) to permanently reduce:

     (A) Obligations under Senior Indebtedness, and to correspondingly reduce
commitments with respect thereto;

     (B) Obligations under Senior Subordinated Indebtedness (and to correspondingly
reduce commitments with respect thereto) or reduce Obligations under such Notes as
provided under Section 3.07 hereof, through open-market purchases (to the extent
such purchases are at or above 100% of the principal amount thereof) or by making an
Asset Sale Offer (in accordance with the procedures set forth below);
provided that in the case of a reduction of Obligations other than under the
Notes the Issuer shall use commercially reasonable efforts to equally and ratably
reduce Obligations under the Notes as provided under Section 3.07 hereof through
open-market purchases (to the extent such purchases are at or above 100% of the
principal amount thereof) or by making an offer (in accordance with the procedures
set forth under Section 4.10(c) hereof) to all Holders to purchase their Notes at
100% of the principal amount thereof, plus the amount of accrued but unpaid
interest, if any, on the amount of Notes that would otherwise be prepaid; or

     (C) Indebtedness of a Restricted Subsidiary that is not a Guarantor, other than
Indebtedness owed to the Issuer or another Restricted Subsidiary; or

     (2) to make (A) an Investment in any one or more businesses, provided that such
Investment in any business is in the form of the acquisition of Capital Stock and results in
the Issuer or another of its Restricted Subsidiaries, as the case may be, owning an amount
of the Capital Stock of such business such that it constitutes a Restricted Subsidiary, (B)
capital expenditures or (C) acquisitions of other assets, in each of (A), (B) and (C), used
or useful in a Similar Business or that replace the businesses, properties and/or assets
that are the subject of such Asset Sale;

provided that, in the case of clause (2) above, a binding commitment shall be treated as a
permitted application of the Net Proceeds from the date of such commitment so long as the Issuer,
or such other Restricted Subsidiary enters into such commitment with the good faith expectation
that such Net Proceeds shall be applied to satisfy such commitment within 180 days of such
commitment (an “Acceptable Commitment”) and, in the event any Acceptable Commitment is
later cancelled or terminated for any reason before the Net Proceeds are applied in connection
therewith, the Issuer or such Restricted Subsidiary enters into another Acceptable Commitment (a
“Second Commitment”) within 180 days of such cancellation or termination; provided,
further, that if any Second Commitment is later cancelled or terminated for any reason
before such Net Proceeds are applied, then such Net Proceeds shall constitute Excess Proceeds.

          (c) Any Net Proceeds from the Asset Sale that are not invested or applied as provided and
within the time period set forth in Section 4.10(b) shall be deemed to constitute “Excess
Proceeds.” When the aggregate amount of Excess Proceeds exceeds $15.0 million, the Issuer
shall make an offer to all Holders of the Notes and, if required by the terms of any Indebtedness
that is pari passu with the Notes (“Pari Passu Indebtedness”), to the holders of such Pari
Passu Indebtedness (an “Asset Sale Offer”), to purchase the maximum aggregate principal
amount of the Notes and such Pari Passu Indebtedness that is an integral multiple of $2,000 that
may be purchased out of the Excess Proceeds at an offer price in cash in an amount equal to 100% of
the principal amount thereof, plus accrued and unpaid interest and Additional Interest, if any, to
the date fixed for the closing of such offer, in accordance with the procedures set forth in this
Indenture. The Issuer shall commence an Asset Sale Offer with respect to Excess Proceeds within
ten Business Days after the date that Excess Proceeds exceed $15.0 million by mailing the notice
required pursuant to Section 3.09(d) hereof, with a copy to the Trustee.

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          To the extent that the aggregate amount of Notes and such Pari Passu Indebtedness tendered
pursuant to an Asset Sale Offer is less than the Excess Proceeds, the Issuer may use any remaining
Excess Proceeds for general corporate purposes, subject to other covenants contained in this
Indenture. If the aggregate principal amount of Notes or the Pari Passu Indebtedness surrendered
by such holders thereof exceeds the amount of Excess Proceeds, the Trustee shall select the Notes
and, at the direction of the Issuer, such Pari Passu Indebtedness to be purchased on a pro rata
basis based on the accreted value or principal amount of the Notes or such Pari Passu Indebtedness
tendered. Upon completion of any such Asset Sale Offer, the amount of Excess Proceeds shall be
reset at zero.

          Additionally, the Issuer may, at its option, make an Asset Sale Offer using proceeds from any
Asset Sale at any time after consummation of such Asset Sale. Upon consummation of such Asset Sale
Offer, any Net Proceeds not required to be used to purchase Senior Notes shall not be deemed Excess
Proceeds.

          (d) Pending the final application of any Net Proceeds pursuant to this Section 4.10, the
holder of such Net Proceeds may apply such Net Proceeds temporarily to reduce Indebtedness
outstanding under a revolving credit facility or otherwise invest such Net Proceeds in any manner
not prohibited by this Indenture.

          (e) The Issuer shall comply with the requirements of Rule 14e-1 under the Exchange Act and any
other securities laws and regulations thereunder to the extent such laws or regulations are
applicable in connection with the repurchase of the Notes pursuant to an Asset Sale Offer. To the
extent that the provisions of any securities laws or regulations conflict with the provisions of
this Indenture, the Issuer shall comply with the applicable securities laws and regulations and
shall not be deemed to have breached its obligations described in this Indenture by virtue thereof.

		
	Section 4.11	Transactions with Affiliates.

          (a) The Issuer shall not, and shall not permit any of its Restricted Subsidiaries to, make any
payment to, or sell, lease, transfer or otherwise dispose of any of its properties or assets to, or
purchase any property or assets from, or enter into or make or amend any transaction, contract,
agreement, understanding, loan, advance or guarantee with, or for the benefit of, any Affiliate of
the Issuer (each of the foregoing, an “Affiliate Transaction”) involving aggregate payments
or consideration in excess of $5.0 million, unless:

     (1) such Affiliate Transaction is on terms that are not materially less favorable to
the Issuer or its relevant Restricted Subsidiary than those that would have been obtained in
a comparable transaction by the Issuer or such Restricted Subsidiary with an unrelated
Person on an arm’s-length basis; and

     (2) the Issuer delivers to the Trustee with respect to any Affiliate Transaction or
series of related Affiliate Transactions involving aggregate payments or consideration in
excess of $15.0 million, a resolution adopted by the majority of the board of directors of
the Issuer approving such Affiliate Transaction and set forth in an Officer’s Certificate
certifying that such Affiliate Transaction complies with clause (1) of this Section 4.11(a).

          (b) The provisions of Section 4.11(a) hereof shall not apply to the following:

     (1) transactions between or among the Issuer or any of its Restricted Subsidiaries;

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     (2) Restricted Payments permitted by Section 4.07 hereof and the definition of
“Permitted Investments”;

     (3) the payment of reasonable and customary fees paid to, and indemnities provided on
behalf of, officers, directors, employees or consultants of Issuer, any of its direct or
indirect parent companies or any of its Restricted Subsidiaries;

     (4) transactions in which the Issuer or any of its Restricted Subsidiaries, as the case
may be, delivers to the Trustee a letter from an Independent Financial Advisor stating that
such transaction is fair to the Issuer or such Restricted Subsidiary from a financial point
of view or stating that the terms are not materially less favorable to the Issuer or its
relevant Restricted Subsidiary than those that would have been obtained in a comparable
transaction by the Issuer or such Restricted Subsidiary with an unrelated Person on an
arm’s-length basis;

     (5) any agreement as in effect as of the Issue Date, or any amendment thereto (so long
as any such amendment is not disadvantageous to the Holders when taken as a whole as
compared to the applicable agreement as in effect on the Issue Date);

     (6) the existence of, or the performance by the Issuer or any of its Restricted
Subsidiaries of its obligations under the terms of, any stockholders agreement (including
any registration rights agreement or purchase agreement related thereto) to which it is a
party as of the Issue Date and any similar agreements which it may enter into thereafter;
provided, however, that the existence of, or the performance by the Issuer
or any of its Restricted Subsidiaries of obligations under any future amendment to any such
existing agreement or under any similar agreement entered into after the Issue Date shall
only be permitted by this clause (6) to the extent that the terms of any such amendment or
new agreement are not otherwise disadvantageous to the Holders when taken as a whole;

     (7) the Transaction and the payment of all fees and expenses related to the
Transaction, in each case as disclosed in the Offering Memorandum;

     (8) transactions with customers, clients, suppliers, or purchasers or sellers of goods
or services, in each case in the ordinary course of business and otherwise in compliance
with the terms of this Indenture which are fair to the Issuer and its Restricted
Subsidiaries, in the reasonable determination of the board of directors of the Issuer or the
senior management thereof, or are on terms at least as favorable as might reasonably have
been obtained at such time from an unaffiliated party;

     (9) the issuance of Equity Interests (other than Disqualified Stock) of the Issuer to
any Permitted Holder or to any director, officer, employee or consultant;

     (10) sales of accounts receivable, or participations therein, in connection with any
Receivables Facility;

     (11) payments by the Issuer or any of its Restricted Subsidiaries to any of the
Investors made for any financial advisory, financing, underwriting or placement services or
in respect of other investment banking activities, including, without limitation, in
connection with acquisitions or divestitures which payments are approved by a majority of
the board of directors of the Issuer in good faith;

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     (12) payments or loans (or cancellation of loans) to employees or consultants of
the Issuer, any of its direct or indirect parent companies or any of its Restricted
Subsidiaries and employment agreements, stock option plans and other similar arrangements
with such employees or consultants which, in each case, are approved by the Issuer in good
faith;

     (13) Investments by the Investors in securities of the Issuer or any of its Restricted
Subsidiaries so long as (i) the investment is being offered generally to other investors on
the same or more favorable terms and (ii) the investment constitutes less than 5% of the
proposed or outstanding issue amount of such class of securities; and

     (14) the payment of management, consulting, monitoring and advisory fees and related
expenses to the Investors in an aggregate amount in any fiscal year not to exceed the
greater of (x) $1.0 million and (y) 1.0% of EBITDA for such fiscal year.

Section 4.12 Liens.

          The Issuer shall not, and shall not permit any Guarantor to, directly or indirectly, create,
incur, assume or suffer to exist any Lien (except Permitted Liens) that secures obligations under
any Indebtedness or any related Guarantee, on any asset or property of the Issuer or any Guarantor,
or any income or profits therefrom, or assign or convey any right to receive income therefrom,
unless:

     (1) in the case of Liens securing Subordinated Indebtedness, the Notes and related
Guarantees are secured by a Lien on such property, assets or proceeds that is senior in
priority to such Liens; or

     (2) in all other cases, the Notes or the Guarantees are equally and ratably secured,
except that the foregoing shall not apply to (A) Liens securing the Notes and the related
Guarantees and (B) Liens securing Senior Indebtedness of the Issuer or any Guarantor.

Section 4.13 Corporate Existence.

          Subject to Article 5 hereof, the Issuer shall do or cause to be done all things necessary to
preserve and keep in full force and effect (i) its corporate existence, and the corporate,
partnership or other existence of each of its Restricted Subsidiaries, in accordance with the
respective organizational documents (as the same may be amended from time to time) of the Issuer or
any such Restricted Subsidiary and (ii) the rights (charter and statutory), licenses and franchises
of the Issuer and its Restricted Subsidiaries; provided that the Issuer shall not be
required to preserve any such right, license or franchise, or the corporate, partnership or other
existence of any of its Restricted Subsidiaries, if the Issuer in good faith shall determine that
the preservation thereof is no longer desirable in the conduct of the business of the Issuer and
its Restricted Subsidiaries, taken as a whole.

Section 4.14 Offer to Repurchase Upon Change of Control.

          (a) If a Change of Control occurs, unless the Issuer has previously or concurrently mailed a
redemption notice with respect to all the outstanding Notes as described under Section 3.07 hereof,
the Issuer shall make an offer to purchase all of the Notes pursuant to the offer described below
(the “Change of Control Offer”) at a price in cash (the “Change of Control
Payment”) equal to 101% of the aggregate principal amount thereof plus accrued and unpaid
interest and Additional Interest, if any, to the date of purchase, subject to the right of Holders
of the Notes of record on the relevant Record Date to receive interest due on the relevant Interest
Payment Date. Within 30 days following any Change of Control, the Issuer shall send notice of such
Change of Control Offer by first-class mail, with a copy to the

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Trustee, to each Holder of Notes to the address of such Holder appearing in the security register, with
the following information:

     (1) that a Change of Control Offer is being made pursuant to this Section 4.14 and that
all Notes properly tendered pursuant to such Change of Control Offer will be accepted for
payment by the Issuer;

     (2) the purchase price and the purchase date, which will be no earlier than 30 days nor
later than 60 days from the date such notice is mailed (the “Change of Control Payment
Date”);

     (3) that any Note not properly tendered will remain outstanding and continue to accrue
interest;

     (4) that unless the Issuer defaults in the payment of the Change of Control Payment,
all Notes accepted for payment pursuant to the Change of Control Offer will cease to accrue
interest on the Change of Control Payment Date;

     (5) that Holders electing to have any Notes purchased pursuant to a Change of Control
Offer will be required to surrender such Notes, with the form entitled “Option of Holder to
Elect Purchase” on the reverse of such Notes completed, to the paying agent specified in the
notice at the address specified in the notice prior to the close of business on the third
Business Day preceding the Change of Control Payment Date;

     (6) that Holders shall be entitled to withdraw their tendered Notes and their election
to require the Issuer to purchase such Notes, provided that the paying agent
receives, not later than the close of business on the 30th day following the date of the
Change of Control notice, a telegram, telex, facsimile transmission or letter setting forth
the name of the Holder of the Notes, the principal amount of Notes tendered for purchase,
and a statement that such Holder is withdrawing its tendered Notes and its election to have
such Notes purchased;

     (7) that if the Issuer is redeeming less than all of the Notes, the Holders of the
remaining Notes will be issued new Notes and such new Notes will be equal in principal
amount to the unpurchased portion of the Notes surrendered. The unpurchased portion of the
Notes must be equal to $2,000 or an integral multiple thereof; and

     (8) the other instructions, as determined by the Issuer, consistent with this Section
4.14, that a Holder must follow.

          The notice, if mailed in a manner herein provided, shall be conclusively presumed to have been
given, whether or not the Holder receives such notice. If (a) the notice is mailed in a manner
herein provided and (b) any Holder fails to receive such notice or a Holder receives such notice
but it is defective, such Holder’s failure to receive such notice or such defect shall not affect
the validity of the proceedings for the purchase of the Notes as to all other Holders that properly received such
notice without defect. The Issuer shall comply with the requirements of Rule 14e-1 under the
Exchange Act and any other securities laws and regulations thereunder to the extent such laws or
regulations are applicable in connection with the repurchase of Notes pursuant to a Change of
Control Offer. To the extent that the provisions of any securities laws or regulations conflict
with the provisions of this Section 4.14, the Issuer shall comply with the applicable securities
laws and regulations and shall not be deemed to have breached its obligations under this Section
4.14 by virtue thereof.

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     (b) On the Change of Control Payment Date, the Issuer shall, to the extent permitted by law,

     (1) accept for payment all Notes issued by it or portions thereof properly tendered
pursuant to the Change of Control Offer,

     (2) deposit with the Paying Agent an amount equal to the aggregate Change of Control
Payment in respect of all Notes or portions thereof so tendered, and

     (3) deliver, or cause to be delivered, to the Trustee for cancellation the Notes so
accepted together with an Officer’s Certificate to the Trustee stating that such Notes or
portions thereof have been tendered to and purchased by the Issuer.

          (c) In the event a Change of Control occurs at a time when the Issuer is prohibited by the
terms of any Senior Indebtedness from purchasing Notes, then prior to the mailing of the notice of
a Change of Control to Holders of Notes but in any event within 45 days following any Change of
Control, the Issuer shall (1) repay in full all Obligations, and terminate all commitments, under
the Senior Credit Facilities and all other Senior Indebtedness, the terms of which require
repayment and/or termination of commitments upon a Change of Control or offer to repay in full all
Obligations, and terminate all commitments, under the Senior Credit Facilities and all other such
Senior Indebtedness and to repay the Obligations owed to (and terminate all commitments of) each
lender which has accepted such offer or (2) obtain the requisite consents under the agreements
governing such Senior Indebtedness to permit the repurchase of the Notes. If such a consent is not
obtained or borrowings repaid, the Issuer shall remain prohibited from purchasing the Notes.

          (d) The Issuer shall first comply with Section 4.14(c) hereof before it shall be required to
repurchase Notes pursuant to the provisions of this Section 4.14. The Issuer’s failure to comply
with Section 4.14(c) hereof (and any failure to send a notice of Change of Control as a result of
the prohibition in Section 4.14(c) hereof) may (with notice and lapse of time) constitute an Event
of Default described in clause (3), but shall not constitute an Event of Default described in
clause (1), under Section 6.01(a) hereof.

          (e) The Issuer shall not be required to make a Change of Control Offer following a Change of
Control if a third party makes the Change of Control Offer in the manner, at the times and
otherwise in compliance with the requirements set forth in this Section 4.14 applicable to a Change
of Control Offer made by the Issuer and purchases all Notes validly tendered and not withdrawn
under such Change of Control Offer. Notwithstanding anything to the contrary herein, a Change of
Control Offer may be made in advance of a Change of Control, conditional upon such Change of
Control, if a definitive agreement is in place for the Change of Control at the time of making of
the Change of Control Offer.

          (f) Other than as specifically provided in this Section 4.14, any purchase pursuant to this
Section 4.14 shall be made pursuant to the provisions of Sections 3.02, 3.05 and 3.06 hereof.

Section 4.15 Limitation on Guarantees of Indebtedness by Restricted
Subsidiaries.

          The Issuer shall not permit any of its Wholly-Owned Subsidiaries that are Restricted
Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiaries guarantee
other capital markets debt securities), other than a Guarantor, to guarantee the payment of any
Indebtedness of the Issuer or any other Guarantor unless:

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     (1) such Restricted Subsidiary within 30 days executes and delivers a supplemental
indenture to this Indenture, the form of which is attached as Exhibit D hereto,
providing for a Guarantee by such Restricted Subsidiary, except that with respect to a
guarantee of Indebtedness of the Issuer or any Guarantor:

     (a) if the Notes or such Guarantor’s Guarantee are subordinated in right of
payment to such Indebtedness, the Guarantee under the supplemental indenture shall
be subordinated to such Restricted Subsidiary’s guarantee with respect to such
Indebtedness substantially to the same extent as the Notes are subordinated to such
Indebtedness; and

     (b) if such Indebtedness is by its express terms subordinated in right of
payment to the Notes or such Guarantor’s Guarantee, any such guarantee by such
Restricted Subsidiary with respect to such Indebtedness shall be subordinated in
right of payment to such Guarantee substantially to the same extent as such
Indebtedness is subordinated to the Notes or such Guarantor’s Guarantee; and

     (2) such Restricted Subsidiary waives and shall not in any manner whatsoever claim or
take the benefit or advantage of, any rights of reimbursement, indemnity or subrogation or
any other rights against the Issuer or any other Restricted Subsidiary as a result of any
payment by such Restricted Subsidiary under its Guarantee;

provided that this Section 4.15 shall not be applicable to any guarantee of any Restricted
Subsidiary that existed at the time such Person became a Restricted Subsidiary and was not incurred
in connection with, or in contemplation of, such Person becoming a Restricted Subsidiary.

Section 4.16 Discharge and Suspension of Covenants.

          (a) If after the Issue Date (i) the Notes have Investment Grade Ratings from both Rating
Agencies and (ii) no Default has occurred and is continuing under this Indenture then, beginning on
that day and continuing at all times thereafter regardless of any subsequent changes in the rating
of the Notes, Section 4.07 hereof, Section 4.08 hereof, Section 4.09 hereof, Section 4.10 hereof,
Section 4.11 hereof, Section 4.15 hereof, Section 4.17 hereof and clause (4) of Section 5.01(a)
hereof shall no longer be applicable to the Notes.

          (b) During any period of time that: (i) the Notes have Investment Grade Ratings from both
Rating Agencies and (ii) no Default has occurred and is continuing under this Indenture (the
occurrence of the events described in the foregoing clauses (i) and (ii) being collectively
referred to as a “Covenant Suspension Event”), the Issuer and the Restricted Subsidiaries
shall not be subject to Section 4.14 hereof (the “Suspended Covenant”).

          (c) In the event that the Issuer and the Restricted Subsidiaries are not subject to the
Suspended Covenant under this Indenture for any period of time as a result of the foregoing, and on
any subsequent date one or both of the Rating Agencies (i) withdraw their Investment Grade Rating
or downgrade the rating assigned to the Notes below an Investment Grade Rating and/or (ii) the
Issuer or any of its Affiliates enter into an agreement to effect a transaction that would result
in a Change of Control and one or more of the Rating Agencies indicate that if consummated, such
transaction (alone or together with any related recapitalization or refinancing transactions) would
cause such Rating Agency to withdraw its Investment Grade Rating or downgrade the ratings assigned
to the Notes below an Investment Grade Rating, then the Issuer and the Restricted Subsidiaries
shall thereafter again be subject to the Suspended Covenant under this Indenture with respect to
future events, including, without limitation, a proposed transaction described in clause (ii).

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          (d) The Issuer shall deliver promptly to the Trustee an Officer’s Certificate notifying it of
any such occurrence under this Section 4.16.

Section 4.17 Limitation on Layering.

          Notwithstanding anything to the contrary, the Issuer shall not, and shall not permit any
Guarantor to, directly or indirectly, incur any Indebtedness (including Acquired Indebtedness) that
is subordinate in right of payment to any Senior Indebtedness of the Issuer or such Guarantor, as
the case may be, unless such Indebtedness is either:

     (a) equal in right of payment with the Notes or such Guarantor’s Guarantee of the
Notes, as the case may be; or

     (b) expressly subordinated in right of payment to the Notes or such Guarantor’s
Guarantee of the Notes, as the case may be.

          For the purposes of this Indenture, Indebtedness that is unsecured is not deemed to be
subordinated or junior to Secured Indebtedness merely because it is unsecured, and Senior
Indebtedness is not deemed to be subordinated or junior to any other Senior Indebtedness merely
because it has a junior priority with respect to the same collateral.

ARTICLE 5

SUCCESSORS

Section 5.01 Merger, Consolidation or Sale of All or Substantially All
Assets.

          (a) The Issuer shall not consolidate or merge with or into or wind up into (whether or not the
Issuer is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose
of all or substantially all of its properties or assets, in one or more related transactions, to
any Person unless:

     (1) either: (x) the Issuer is the surviving corporation; or (y) the Person formed by
or surviving any such consolidation or merger (if other than the Issuer) or to which such
sale, assignment, transfer, lease, conveyance or other disposition will have been made is a
corporation organized or existing under the laws of the United States, any state thereof,
the District of Columbia, or any territory thereof (such Person, as the case may be, being herein called
the “Successor Company”);

     (2) the Successor Company, if other than the Issuer, expressly assumes all the
obligations of the Issuer under the Notes pursuant to supplemental indentures or other
documents or instruments in form reasonably satisfactory to the Trustee;

     (3) immediately after such transaction, no Default exists;

     (4) immediately after giving pro forma effect to such transaction and any related
financing transactions, as if such transactions had occurred at the beginning of the
applicable four-quarter period,

     (A) the Successor Company would be permitted to incur at least $1.00 of
additional Indebtedness pursuant to the Fixed Charge Coverage Ratio test set forth
in Section 4.09(a) hereof, or

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     (B) the Fixed Charge Coverage Ratio for the Successor Company, the Issuer and
its Restricted Subsidiaries would be greater than such Ratio for the Issuer and its
Restricted Subsidiaries immediately prior to such transaction;

     (5) each Guarantor, unless it is the other party to the transactions described above,
in which case Section 5.01(c)(1)(B) hereof shall apply, shall have by supplemental indenture
confirmed that its Guarantee shall apply to such Person’s obligations under this Indenture,
the Notes and the Registration Rights Agreement; and

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

     (b) Notwithstanding clauses (3) and (4) of Section 5.01(a) hereof,

     (1) any Restricted Subsidiary may consolidate with or merge into or transfer all or
part of its properties and assets to the Issuer, and

     (2) the Issuer may merge with an Affiliate of the Issuer, as the case may be, solely
for the purpose of reincorporating the Issuer in a State of the United States so long as the
amount of Indebtedness of the Issuer and its Restricted Subsidiaries is not increased
thereby.

          (c) No Guarantor shall, and the Issuer shall not permit any Guarantor to, consolidate or merge
with or into or wind up into (whether or not the Issuer or Guarantor is the surviving corporation),
or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its
properties or assets, in one or more related transactions, to any Person unless:

     (1) (A) such Guarantor is the surviving corporation or the Person formed by or
surviving any such consolidation or merger (if other than such Guarantor) or to which such
sale, assignment, transfer, lease, conveyance or other disposition will have been made is a
corporation organized or existing under the laws of the jurisdiction of organization of such
Guarantor, as the case may be, or the laws of the United States, any state thereof, the
District of Columbia, or any territory thereof (such Guarantor or such Person, as the case
may be, being herein called the “Successor Person”);

     (B) the Successor Person, if other than such Guarantor, expressly assumes all the
obligations of such Guarantor under this Indenture and such Guarantor’s related Guarantee
pursuant to supplemental indentures or other documents or instruments in form reasonably
satisfactory to the Trustee;

     (C) immediately after such transaction, no Default exists; and

     (D) the Issuer shall have delivered to the Trustee an Officer’s Certificate and an
Opinion of Counsel, each stating that such consolidation, merger or transfer and such
supplemental indentures, if any, comply with this Indenture; or

     (2) the transaction is made in compliance with Section 4.10 hereof.

          (d) In the case of clause (1) of Section 5.01(c) hereof, the Successor Person shall succeed
to, and be substituted for, such Guarantor under this Indenture and such Guarantor’s Guarantee.

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Notwithstanding the foregoing, any Guarantor may merge into or transfer all or part of its
properties and assets to another Guarantor or the Issuer.

          (e) Notwithstanding anything to the contrary, the Mergers shall be permitted without
compliance with this Section 5.01.

Section 5.02 Successor Corporation Substituted.

          Upon any consolidation or merger, or any sale, assignment, transfer, lease, conveyance or
other disposition of all or substantially all of the assets of the Issuer in accordance with
Section 5.01 hereof, the successor corporation formed by such consolidation or into or with which
the Issuer is merged or to which such sale, assignment, transfer, lease, conveyance or other
disposition is made shall succeed to, and be substituted for (so that from and after the date of
such consolidation, merger, sale, lease, conveyance or other disposition, the provisions of this
Indenture referring to the Issuer shall refer instead to the successor corporation and not to the
Issuer), and may exercise every right and power of the Issuer under this Indenture with the same
effect as if such successor Person had been named as the Issuer herein; provided that the
predecessor Issuer shall not be relieved from the obligation to pay the principal of and interest
and Additional Interest, if any, on the Notes except in the case of a sale, assignment, transfer,
conveyance or other disposition of all of the Issuer’s assets that meets the requirements of
Section 5.01 hereof.

ARTICLE 6

DEFAULTS AND REMEDIES

Section 6.01 Events of Default.

          (a) An “Event of Default” wherever used herein, means any one of the following events
(whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or
be effected by operation of law or pursuant to any judgment, decree or order of any court or any
order, rule or regulation of any administrative or governmental body):

     (1) default in payment when due and payable, upon redemption, acceleration or
otherwise, of principal of, or premium, if any, on the Notes (whether or not prohibited by
the subordination provisions of this Indenture);

     (2) default for 30 days or more in the payment when due of interest or Additional
Interest on or with respect to the Notes (whether or not prohibited by the subordination
provisions of this Indenture);

     (3) failure by the Issuer or any Guarantor for 60 days after receipt of written notice
given by the Trustee or the Holders of not less 25% in principal amount of the Notes to
comply with any of its obligations, covenants or agreements (other than a default referred
to in clauses (1) and (2) above) contained in this Indenture or the Notes;

     (4) default under any mortgage, indenture or instrument under which there is issued or
by which there is secured or evidenced any Indebtedness for money borrowed by the Issuer or
any of its Restricted Subsidiaries or the payment of which is guaranteed by the Issuer or
any of its Restricted Subsidiaries, other than Indebtedness owed to the Issuer or a
Restricted Subsidiary, whether such Indebtedness or guarantee now exists or is created after
the issuance of the Notes, if both:

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     (a) such default either results from the failure to pay any principal of such
Indebtedness at its stated final maturity (after giving effect to any applicable
grace periods) or relates to an obligation other than the obligation to pay
principal of any such Indebtedness at its stated final maturity and results in the
holder or holders of such Indebtedness causing such Indebtedness to become due prior
to its stated maturity; and

     (b) the principal amount of such Indebtedness, together with the principal
amount of any other such Indebtedness in default for failure to pay principal at
stated final maturity (after giving effect to any applicable grace periods), or the
maturity of which has been so accelerated, aggregate $25.0 million or more at any
one time outstanding;

     (5) failure by the Issuer or any Significant Subsidiary to pay final judgments
aggregating in excess of $25.0 million, which final judgments remain unpaid, undischarged
and unstayed for a period of more than 60 days after such judgment becomes final, and in the
event such judgment is covered by insurance, an enforcement proceeding has been commenced by
any creditor upon such judgment or decree which is not promptly stayed;

     (6) the Issuer or any of its Restricted Subsidiaries that is a Significant Subsidiary
or any group of Restricted Subsidiaries that, taken together, would constitute a Significant
Subsidiary, pursuant to or within the meaning of any Bankruptcy Law:

     (i) commences proceedings to be adjudicated bankrupt or insolvent;

     (ii) consents to the institution of bankruptcy or insolvency proceedings
against it, or the filing by it of a petition or answer or consent seeking
reorganization or relief under applicable Bankruptcy law;

     (iii) consents to the appointment of a receiver, liquidator, assignee, trustee,
sequestrator or other similar official of it or for all or substantially all of its
property;

     (iv) makes a general assignment for the benefit of its creditors; or

     (v) generally is not paying its debts as they become due;

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

     (i) is for relief against the Issuer or any of its Restricted Subsidiaries that
is a Significant Subsidiary or any group of Restricted Subsidiaries that, taken
together, would constitute a Significant Subsidiary, in a proceeding in which the
Issuer or any such Restricted Subsidiaries, that is a Significant Subsidiary or any
group of Restricted Subsidiaries that, taken together, would constitute a
Significant Subsidiary, is to be adjudicated bankrupt or insolvent;

     (ii) appoints a receiver, liquidator, assignee, trustee, sequestrator or other
similar official of the Issuer or any of its Restricted Subsidiaries that is a
Significant Subsidiary or any group of Restricted Subsidiaries that, taken together,
would constitute a Significant Subsidiary, or for all or substantially all of the
property of the Issuer or any of its Restricted Subsidiaries that is a Significant
Subsidiary or any group of Restricted Subsidiaries that, taken together, would
constitute a Significant Subsidiary; or

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     (iii) orders the liquidation of the Issuer or any of its Restricted
Subsidiaries that is a Significant Subsidiary or any group of Restricted
Subsidiaries that, taken together, would constitute a Significant Subsidiary;
and the order or decree remains unstayed and in effect for 60 consecutive days; or

     (8) the Guarantee of any Significant Subsidiary shall for any reason cease to be in
full force and effect or be declared null and void or any responsible officer of any
Guarantor that is a Significant Subsidiary, as the case may be, denies that it has any
further liability under its Guarantee or gives notice to such effect, other than by reason
of the termination of this Indenture or the release of any such Guarantee in accordance with
this Indenture.

          (b) In the event of any Event of Default specified in clause (4) of Section 6.01(a) hereof,
such Event of Default and all consequences thereof (excluding any resulting payment default, other
than as a result of acceleration of the Notes) shall be annulled, waived and rescinded,
automatically and without any action by the Trustee or the Holders, if within 20 days after such
Event of Default arose:

     (1) the Indebtedness or guarantee that is the basis for such Event of Default has been
discharged; or

     (2) holders thereof have rescinded or waived the acceleration, notice or action (as the
case may be) giving rise to such Event of Default; or

     (3) the default that is the basis for such Event of Default has been cured.

Section 6.02 Acceleration.

          (a) If any Event of Default (other than an Event of Default specified in clause (6) or (7) of
Section 6.01(a) hereof with respect to the Issuer) occurs and is continuing under this Indenture,
the Trustee or the Holders of at least 25% in principal amount of the then total outstanding Notes
may declare the principal, premium, if any, interest and any other monetary obligations on all the then
outstanding Notes to be due and payable immediately; provided, however, that so
long as any Indebtedness permitted to be incurred under this Indenture as part of the Senior Credit
Facilities shall be outstanding, no such acceleration shall be effective until the earlier of:

     (1) acceleration of any such Indebtedness under the Senior Credit Facilities; or

     (2) five Business Days after the giving of written notice of such acceleration to the
Issuer and the Representative under the Senior Credit Facilities.

          Upon the effectiveness of such declaration, such principal and interest shall be due and
payable immediately. The Trustee shall have no obligation to accelerate the Notes if and so long
as a committee of its Responsible Officers in good faith determines acceleration is not in the best
interest of the Holders of the Notes.

          Notwithstanding the foregoing, in the case of an Event of Default arising under clause (6) or
(7) of Section 6.01(a) hereof with respect to the Issuer, all outstanding Notes shall be due and
payable immediately without further action or notice.

          The Holders of a majority in aggregate principal amount of the then outstanding Notes by
written notice to the Trustee may on behalf of the Holders of all of the Notes rescind an
acceleration and

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its consequences if the rescission would not conflict with any judgment or decree
and if all existing Events of Default (except nonpayment of principal, interest, Additional
Interest, if any, or premium that has become due solely because of the acceleration) have been
cured or waived.

Section 6.03 Other Remedies.

          If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy
to collect the payment of principal, premium, if any, and interest on the Notes or to enforce the
performance of any provision of the Notes or this Indenture.

          The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not
produce any of them in the proceeding. A delay or omission by the Trustee or any Holder of a Note
in exercising any right or remedy accruing upon an Event of Default shall not impair the right or
remedy or constitute a waiver of or acquiescence in the Event of Default. All remedies are
cumulative to the extent permitted by law.

Section 6.04 Waiver of Past Defaults.

          Holders of not less than a majority in aggregate principal amount of the then outstanding
Notes by notice to the Trustee may on behalf of the Holders of all of the Notes waive any existing
Default and its consequences hereunder, except a continuing Default in the payment of the principal
of, premium, if any, Additional Interest, if any, or interest on, any Note held by a non-consenting
Holder (including in connection with an Asset Sale Offer or a Change of Control Offer);
provided, subject to Section 6.02 hereof, that the Holders of a majority in aggregate
principal amount of the then outstanding Notes may rescind an acceleration and its consequences,
including any related payment default that resulted from such acceleration. Upon any such waiver,
such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no
such waiver shall extend to any subsequent or other Default or impair any right consequent thereon.

Section 6.05 Control by Majority.

          Holders of a majority in principal amount of the then total outstanding Notes may direct the
time, method and place of conducting any proceeding for any remedy available to the Trustee or of
exercising any trust or power conferred on the Trustee. The Trustee, however, may refuse to follow
any direction that conflicts with law or this Indenture or that the Trustee determines is unduly
prejudicial to the rights of any other Holder of a Note or that would involve the Trustee in
personal liability.

Section 6.06 Limitation on Suits.

          Subject to Section 6.07 hereof, no Holder of a Note may pursue any remedy with respect to this
Indenture or the Notes unless:

     (1) such Holder has previously given the Trustee notice that an Event of Default is
continuing;

     (2) Holders of at least 25% in principal amount of the total outstanding Notes have
requested the Trustee to pursue the remedy;

     (3) Holders of the Notes have offered the Trustee reasonable security or indemnity
against any loss, liability or expense;

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     (4) the Trustee has not complied with such request within 60 days after the receipt
thereof and the offer of security or indemnity; and

     (5) Holders of a majority in principal amount of the total outstanding Notes have not
given the Trustee a direction inconsistent with such request within such 60-day period.

          A Holder of a Note may not use this Indenture to prejudice the rights of another Holder of a
Note or to obtain a preference or priority over another Holder of a Note.

Section 6.07 Rights of Holders of Notes to Receive Payment.

          Notwithstanding any other provision of this Indenture, the right of any Holder of a Note to
receive payment of principal, premium, if any, and Additional Interest, if any, and interest on the
Note, on or after the respective due dates expressed in the Note (including in connection with an
Asset Sale Offer or a Change of Control Offer), or to bring suit for the enforcement of any such
payment on or after such respective dates, shall not be impaired or affected without the consent of
such Holder.

Section 6.08 Collection Suit by Trustee.

          If an Event of Default specified in Section 6.01(a)(1) or (2) hereof occurs and is continuing,
the Trustee is authorized to recover judgment in its own name and as trustee of an express trust
against the Issuer for the whole amount of principal of, premium, if any, and Additional Interest,
if any, and interest remaining unpaid on the Notes and interest on overdue principal and, to the
extent lawful, interest and such further amount as shall be sufficient to cover the costs and
expenses of collection, including the reasonable compensation, expenses, disbursements and advances
of the Trustee, its agents and counsel.

Section 6.09 Restoration of Rights and Remedies.

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

Section 6.10 Rights and Remedies Cumulative.

          Except as otherwise provided with respect to the replacement or payment of mutilated,
destroyed, lost or stolen Notes in Section 2.07 hereof, no right or remedy herein conferred upon or
reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy,
and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to
every other right and remedy given hereunder or now or hereafter existing at law or in equity or
otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not
prevent the concurrent assertion or employment of any other appropriate right or remedy.

Section 6.11 Delay or Omission Not Waiver.

          No delay or omission of the Trustee or of any Holder of any Note to exercise any right or
remedy accruing upon any Event of Default shall impair any such right or remedy or constitute a
waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by
this Article or

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by law to the Trustee or to the Holders may be exercised from time to time, and as
often as may be deemed expedient, by the Trustee or by the Holders, as the case may be.

Section 6.12 Trustee May File Proofs of Claim.

          The Trustee is authorized to file such proofs of claim and other papers or documents as may be
necessary or advisable in order to have the claims of the Trustee (including any claim for the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and
counsel) and the Holders of the Notes allowed in any judicial proceedings relative to the Issuer
(or any other obligor upon the Notes including the Guarantors), its creditors or its property and
shall be entitled and empowered to participate as a member in any official committee of creditors
appointed in such matter and to collect, receive and distribute any money or other property payable or deliverable on any such
claims and any custodian in any such judicial proceeding is hereby authorized by each Holder to
make such payments to the Trustee, and in the event that the Trustee shall consent to the making of
such payments directly to the Holders, to pay to the Trustee any amount due to it for the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and
counsel, and any other amounts due the Trustee under Section 7.07 hereof. To the extent that the
payment of any such compensation, expenses, disbursements and advances of the Trustee, its agents
and counsel, and any other amounts due the Trustee under Section 7.07 hereof out of the estate in
any such proceeding, shall be denied for any reason, payment of the same shall be secured by a Lien
on, and shall be paid out of, any and all distributions, dividends, money, securities and other
properties that the Holders may be entitled to receive in such proceeding whether in liquidation or
under any plan of reorganization or arrangement or otherwise. Nothing herein contained shall be
deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any
Holder any plan of reorganization, arrangement, adjustment or composition affecting the Notes or
the rights of any Holder, or to authorize the Trustee to vote in respect of the claim of any Holder
in any such proceeding.

Section 6.13 Priorities.

          If the Trustee collects any money pursuant to this Article 6, it shall pay out the money in
the following order:

     (i) to the Trustee, its agents and attorneys for amounts due under Section 7.07 hereof,
including payment of all compensation, expenses and liabilities incurred, and all advances
made, by the Trustee and the costs and expenses of collection;

     (ii) to holders of Senior Indebtedness of the Issuer and, if such money or property has
been collected from a Guarantor, to holders of Senior Indebtedness of such Guarantor, in
each case to the extent required by Article 10 and/or Article 12 hereof, as applicable

     (iii) to Holders of Notes for amounts due and unpaid on the Notes for principal,
premium, if any, and Additional Interest, if any, and interest, ratably, without preference
or priority of any kind, according to the amounts due and payable on the Notes for
principal, premium, if any, and Additional Interest, if any, and interest, respectively; and

     (iv) to the Issuer or to such party as a court of competent jurisdiction shall direct
including a Guarantor, if applicable.

          The Trustee may fix a record date and payment date for any payment to Holders of Notes
pursuant to this Section 6.13.

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Section 6.14 Undertaking for Costs.

          In any suit for the enforcement of any right or remedy under this Indenture or in any suit
against the Trustee for any action taken or omitted by it as a Trustee, a court in its discretion
may require the filing by any party litigant in the suit of an undertaking to pay the costs of the
suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’
fees, against any party litigant in the suit, having due regard to the merits and good faith of the
claims or defenses made by the party litigant. This Section 6.14 does not apply to a suit by the Trustee, a suit by a Holder of a Note
pursuant to Section 6.07 hereof, or a suit by Holders of more than 10% in principal amount of the
then outstanding Notes.

ARTICLE 7

TRUSTEE

Section 7.01 Duties of Trustee.

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

          (b) Except during the continuance of an Event of Default:

     (i) the duties of the Trustee shall be determined solely by the express provisions of
this Indenture and the Trustee need perform only those duties that are specifically set
forth in this Indenture and no others, and no implied covenants or obligations shall be read
into this Indenture against the Trustee; and

     (ii) in the absence of bad faith on its part, the Trustee may conclusively rely, as to
the truth of the statements and the correctness of the opinions expressed therein, upon
certificates or opinions furnished to the Trustee and conforming to the requirements of this
Indenture. However, in the case of any such certificates or opinions which by any provision
hereof are specifically required to be furnished to the Trustee, the Trustee shall examine
the certificates and opinions to determine whether or not they conform to the requirements
of this Indenture.

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

     (i) this paragraph does not limit the effect of paragraph (b) of this Section 7.01;

     (ii) the Trustee shall not be liable for any error of judgment made in good faith by a
Responsible Officer, unless it is proved in a court of competent jurisdiction that the
Trustee was negligent in ascertaining the pertinent facts; and

     (iii) the Trustee shall not be liable with respect to any action it takes or omits to
take in good faith in accordance with a direction received by it pursuant to Section 6.05
hereof.

          (d) Whether or not therein expressly so provided, every provision of this Indenture that in
any way relates to the Trustee is subject to paragraphs (a), (b) and (c) of this Section 7.01.

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          (e) The Trustee shall be under no obligation to exercise any of its rights or powers under
this Indenture at the request or direction of any of the Holders of the Notes unless the Holders
have offered to the Trustee reasonable indemnity or security against any loss, liability or
expense.

          (f) The Trustee shall not be liable for interest on any money received by it except as the
Trustee may agree in writing with the Issuer. Money held in trust by the Trustee need not be
segregated from other funds except to the extent required by law.

Section 7.02 Rights of Trustee.

          (a) The Trustee may conclusively rely upon any document believed by it to be genuine and to
have been signed or presented by the proper Person. The Trustee need not investigate any fact or
matter stated in the document, but the Trustee, in its discretion, may make such further inquiry or
investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to
make such further inquiry or investigation, it shall be entitled to examine the books, records and
premises of the Issuer, personally or by agent or attorney at the sole cost of the Issuer and shall
incur no liability or additional liability of any kind by reason of such inquiry or investigation.

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

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

          (d) The Trustee shall not be liable for any action it takes or omits to take in good faith
that it believes to be authorized or within the rights or powers conferred upon it by this
Indenture.

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

          (f) None of the provisions of this Indenture shall require the Trustee to expend or risk its
own funds or otherwise to incur any liability, financial or otherwise, in the performance of any of
its duties hereunder, or in the exercise of any of its rights or powers if it shall have reasonable
grounds for believing that repayment of such funds or indemnity satisfactory to it against such
risk or liability is not assured to it.

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

          (h) In no event shall the Trustee be responsible or liable for special, indirect, or
consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit)
irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and
regardless of the form of action.

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          (i) The rights, privileges, protections, immunities and benefits given to the Trustee,
including, without limitation, its right to be indemnified, are extended to, and shall be
enforceable by, the
Trustee in each of its capacities hereunder, and each agent, custodian and other Person
employed to act hereunder.

          (j) In the event the Issuer is required to pay Additional Interest, the Issuer will provide
written notice to the Trustee of the Issuer’s obligation to pay Additional Interest no later than
15 days prior to the next Interest Payment Date, which notice shall set forth the amount of the
Additional Interest to be paid by the Issuer. The Trustee shall not at any time be under any duty
or responsibility to any Holders to determine whether the Additional Interest is payable and the
amount thereof.

Section 7.03 Individual Rights of Trustee.

          The Trustee in its individual or any other capacity may become the owner or pledgee of Notes
and may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it would
have if it were not Trustee. However, in the event that the Trustee acquires any conflicting
interest it must eliminate such conflict within 90 days, apply to the SEC for permission to
continue as trustee or resign. Any Agent may do the same with like rights and duties. The Trustee
is also subject to Sections 7.10 and 7.11 hereof.

Section 7.04 Trustee’s Disclaimer.

          The Trustee shall not be responsible for and makes no representation as to the validity or
adequacy of this Indenture or the Notes, it shall not be accountable for the Issuer’s use of the
proceeds from the Notes or any money paid to the Issuer or upon the Issuer’s direction under any
provision of this Indenture, it shall not be responsible for the use or application of any money
received by any Paying Agent other than the Trustee, and it shall not be responsible for any
statement or recital herein or any statement in the Notes or any other document in connection with
the sale of the Notes or pursuant to this Indenture other than its certificate of authentication.

Section 7.05 Notice of Defaults.

          If a Default occurs and is continuing and if it is known to the Trustee, the Trustee shall
mail to Holders of Notes a notice of the Default within 90 days after it occurs. Except in the
case of a Default relating to the payment of principal, premium, if any, or interest on any Note,
the Trustee may withhold from the Holders notice of any continuing Default if and so long as a
committee of its Responsible Officers in good faith determines that withholding the notice is in
the interests of the Holders of the Notes. The Trustee shall not be deemed to know of any Default
unless a Responsible Officer of the Trustee has actual knowledge thereof or unless written notice
of any event which is such a Default is received by the Trustee at the Corporate Trust Office of
the Trustee.

Section 7.06 Reports by Trustee to Holders of the Notes.

          Within 60 days after each May 15, beginning with the May 15 following the date of this
Indenture, and for so long as Notes remain outstanding, the Trustee shall mail to the Holders of
the Notes a brief report dated as of such reporting date that complies with Trust Indenture Act Section
313(a) (but if no event described in Trust Indenture Act Section 313(a) has occurred within the
twelve months preceding the reporting date, no report need be transmitted). The Trustee also shall
comply with Trust Indenture Act Section 313(b)(2). The Trustee shall also transmit by mail all
reports as required by Trust Indenture Act Section 313(c).

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          A copy of each report at the time of its mailing to the Holders of Notes shall be mailed
to the Issuer and filed with the SEC and each stock exchange on which the Notes are listed in
accordance with Trust Indenture Act Section 313(d). The Issuer shall promptly notify the Trustee
when the Notes are listed on any stock exchange.

Section 7.07
Compensation and Indemnity.

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

          The Issuer and the Guarantors, jointly and severally, shall indemnify the Trustee for, and
hold the Trustee harmless against, any and all loss, damage, claims, liability or expense
(including attorneys’ fees) incurred by it in connection with the acceptance or administration of
this trust and the performance of its duties hereunder (including the costs and expenses of
enforcing this Indenture against the Issuer or any of the Guarantors (including this Section 7.07)
or defending itself against any claim whether asserted by any Holder, the Issuer or any Guarantor,
or liability in connective with the acceptance, exercise or performance of any of its powers or
duties hereunder). The Trustee shall notify the Issuer promptly of any claim for which it may seek
indemnity. Failure by the Trustee to so notify the Issuer shall not relieve the Issuer of its
obligations hereunder. The Issuer shall defend the claim and the Trustee may have separate counsel
and the Issuer shall pay the fees and expenses of such counsel. The Issuer need not reimburse any
expense or indemnify against any loss, liability or expense incurred by the Trustee through the
Trustee’s own willful misconduct, negligence or bad faith.

          The obligations of the Issuer under this Section 7.07 shall survive the satisfaction and
discharge of this Indenture or the earlier resignation or removal of the Trustee.

          To secure the payment obligations of the Issuer and the Guarantors in this Section 7.07, the
Trustee shall have a claim prior to the Notes on all money or property held or collected by the
Trustee, except that held in trust to pay principal and interest on particular Notes. Such claim
shall survive the satisfaction and discharge of this Indenture.

          When the Trustee incurs expenses or renders services after an Event of Default specified in
Section 6.01(a)(6) or (7) hereof occurs, the expenses and the compensation for the services
(including the fees and expenses of its agents and counsel) are intended to constitute expenses of
administration under any Bankruptcy Law.

          The Trustee shall comply with the provisions of Trust Indenture Act Section 313(b)(2) to the
extent applicable.

Section 7.08 Replacement of Trustee.

          A resignation or removal of the Trustee and appointment of a successor Trustee shall become
effective only upon the successor Trustee’s acceptance of appointment as provided in this Section
7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby
created by so notifying the Issuer. The Holders of a majority in principal amount of the then
outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuer in writing. The Issuer may
remove the Trustee if:

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     (a) the Trustee fails to comply with Section 7.10 hereof;

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

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

     (d) the Trustee becomes incapable of acting.

          If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any
reason, the Issuer shall promptly appoint a successor Trustee. Within one year after the successor
Trustee takes office, the Holders of a majority in principal amount of the then outstanding Notes
may appoint a successor Trustee to replace the successor Trustee appointed by the Issuer.

          If a successor Trustee does not take office within 60 days after the retiring Trustee resigns
or is removed, the retiring Trustee (at the Issuer’s expense), the Issuer or the Holders of at
least 10% in principal amount of the then outstanding Notes may petition any court of competent
jurisdiction for the appointment of a successor Trustee.

          If the Trustee, after written request by any Holder who has been a Holder for at least six
months, fails to comply with Section 7.10 hereof, such Holder may petition any court of competent
jurisdiction for the removal of the Trustee and the appointment of a successor Trustee.

          A successor Trustee shall deliver a written acceptance of its appointment to the retiring
Trustee and to the Issuer. Thereupon, the resignation or removal of the retiring Trustee shall
become effective, and the successor Trustee shall have all the rights, powers and duties of the
Trustee under this Indenture. The successor Trustee shall mail a notice of its succession to
Holders. The retiring Trustee shall promptly transfer all property held by it as Trustee to the
successor Trustee; provided all sums owing to the Trustee hereunder have been paid and
subject to the Lien provided for in Section 7.07 hereof. Notwithstanding replacement of the
Trustee pursuant to this Section 7.08, the Issuer’s obligations under Section 7.07 hereof shall
continue for the benefit of the retiring Trustee.

Section 7.09 Successor Trustee by Merger, etc.

          If the Trustee consolidates, merges or converts into, or transfers all or substantially all of
its corporate trust business to, another corporation, the successor corporation without any further
act shall be the successor Trustee.

Section 7.10 Eligibility; Disqualification.

          There shall at all times be a Trustee hereunder that is a corporation organized and doing
business under the laws of the United States of America or of any state thereof that is authorized
under such laws to exercise corporate trustee power, that is subject to supervision or examination
by federal or state authorities and that has a combined capital and surplus of at least $50,000,000
as set forth in its most recent published annual report of condition.

          This Indenture shall always have a Trustee who satisfies the requirements of Trust Indenture
Act Sections 310(a)(1), (2) and (5). The Trustee is subject to Trust Indenture Act Section 310(b).

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Section 7.11 Preferential Collection of Claims Against Issuer.

          The Trustee is subject to Trust Indenture Act Section 311(a), excluding any creditor
relationship listed in Trust Indenture Act Section 311(b). A Trustee who has resigned or been
removed shall be subject to Trust Indenture Act Section 311(a) to the extent indicated therein.

ARTICLE 8

LEGAL DEFEASANCE AND COVENANT DEFEASANCE

Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance.

          The Issuer may, at its option and at any time, elect to have either Section 8.02 or 8.03
hereof applied to all outstanding Notes upon compliance with the conditions set forth below in this
Article 8.

Section 8.02 Legal Defeasance and Discharge.

          Upon the Issuer’s exercise under Section 8.01 hereof of the option applicable to this Section
8.02, the Issuer and the Guarantors shall, subject to the satisfaction of the conditions set forth
in Section 8.04 hereof, be deemed to have been discharged from their obligations with respect to
all outstanding Notes and Guarantees on the date the conditions set forth below are satisfied
(“Legal Defeasance”). For this purpose, Legal Defeasance means that the Issuer shall be
deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes,
which shall thereafter be deemed to be “outstanding” only for the purposes of Section 8.05 hereof
and the other Sections of this Indenture referred to in (a) and (b) below, and to have satisfied
all its other obligations under such Notes and this Indenture including that of the Guarantors (and
the Trustee, on demand of and at the expense of the Issuer, shall execute proper instruments
acknowledging the same), except for the following provisions which shall survive until otherwise
terminated or discharged hereunder:

     (a) the rights of Holders of Notes to receive payments in respect of the principal of,
premium, if any, and interest on the Notes when such payments are due solely out of the
trust created pursuant to this Indenture referred to in Section 8.04 hereof;

     (b) the Issuer’s obligations with respect to Notes concerning issuing temporary Notes,
registration of such Notes, mutilated, destroyed, lost or stolen Notes and the maintenance
of an office or agency for payment and money for security payments held in trust;

     (c) the rights, powers, trusts, duties and immunities of the Trustee, and the Issuer’s
obligations in connection therewith; and

     (d) this Section 8.02.

          Subject to compliance with this Article 8, the Issuer may exercise its option under this
Section 8.02 notwithstanding the prior exercise of its option under Section 8.03 hereof.

Section 8.03 Covenant Defeasance.

          Upon the Issuer’s exercise under Section 8.01 hereof of the option applicable to this Section
8.03, the Issuer and the Guarantors shall, subject to the satisfaction of the conditions set forth
in Section 8.04 hereof, be released from their obligations under the covenants contained in
Sections 4.03, 4.04,

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4.05, 4.07, 4.08, 4.09, 4.10, 4.11, 4.12, 4.13, 4.14, 4.15 and 4.17 hereof and
clauses (4) and (5) of Section 5.01(a), Sections 5.01(c) and 5.01(d) hereof with respect to the
outstanding Notes on and after the date the conditions set forth in Section 8.04 hereof are
satisfied (“Covenant Defeasance”), and the Notes shall thereafter be deemed not
“outstanding” for the purposes of any direction, waiver, consent or declaration or act of Holders
(and the consequences of any thereof) in connection with such covenants, but shall continue to be
deemed “outstanding” for all other purposes hereunder (it being understood that such Notes shall
not be deemed outstanding for accounting purposes). For this purpose, Covenant Defeasance means
that, with respect to the outstanding Notes, the Issuer may omit to comply with and shall have no
liability in respect of any term, condition or limitation set forth in any such covenant, whether
directly or indirectly, by reason of any reference elsewhere herein to any such covenant or by
reason of any reference in any such covenant to any other provision herein or in any other document
and such omission to comply shall not constitute a Default or an Event of Default under Section
6.01 hereof, but, except as specified above, the remainder of this Indenture and such Notes shall
be unaffected thereby. In addition, upon the Issuer’s exercise under Section 8.01 hereof of the
option applicable to this Section 8.03 hereof, subject to the satisfaction of the conditions set
forth in Section 8.04 hereof, Sections 6.01(3), 6.01(4), 6.01(5), 6.01(6) (solely with respect to
Restricted Subsidiaries that are Significant Subsidiaries), 6.01(7) (solely with respect to
Restricted Subsidiaries that are Significant Subsidiaries) and 6.01(8) hereof shall not constitute
Events of Default.

Section 8.04 Conditions to Legal or Covenant Defeasance.

          The following shall be the conditions to the application of either Section 8.02 or 8.03 hereof
to the outstanding Notes:

          In order to exercise either Legal Defeasance or Covenant Defeasance with respect to the Notes:

     (1) the Issuer must irrevocably deposit with the Trustee, in trust, for the benefit of
the Holders of the Notes, cash in U.S. dollars, Government Securities, or a combination
thereof, in such amounts as will be sufficient, in the opinion of a nationally recognized
firm of independent public accountants, to pay the principal of, premium, if any, and
interest due on the Notes on the stated maturity date or on the redemption date, as the case
may be, of such principal, premium, if any, or interest on such Notes and the Issuer must
specify whether such Notes are being defeased to maturity or to a particular redemption
date;

     (2) in the case of Legal Defeasance, the Issuer shall have delivered to the Trustee an
Opinion of Counsel reasonably acceptable to the Trustee confirming that, subject to
customary assumptions and exclusions,

     (a) the Issuer has received from, or there has been published by, the United
States Internal Revenue Service a ruling, or

     (b) since the issuance of the Notes, there has been a change in the applicable
U.S. federal income tax law,

in either case to the effect that, and based thereon such Opinion of Counsel shall
confirm that, subject to customary assumptions and exclusions, the Holders of the Notes will
not recognize income, gain or loss for U.S. federal income tax purposes, as applicable, as a
result of such Legal Defeasance and will be subject to U.S. federal income tax on the same
amounts, in the same manner and at the same times as would have been the case if such Legal
Defeasance had not occurred;

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     (3) in the case of Covenant Defeasance, the Issuer shall have delivered to the Trustee
an Opinion of Counsel reasonably acceptable to the Trustee confirming that, subject to
customary assumptions and exclusions, the Holders of the Notes will not recognize income,
gain or loss for U.S. federal income tax purposes as a result of such Covenant Defeasance
and will be subject to such tax on the same amounts, in the same manner and at the same
times as would have been the case if such Covenant Defeasance had not occurred;

     (4) no Default (other than that resulting from borrowing funds to be applied to make
such deposit and the granting of Liens in connection therewith) shall have occurred and be
continuing on the date of such deposit;

     (5) such Legal Defeasance or Covenant Defeasance shall not result in a breach or
violation of, or constitute a default under the Senior Credit Facilities or any other
material agreement or instrument (other than this Indenture) to which, the Issuer or any
Guarantor is a party or by which the Issuer or any Guarantor is bound;

     (6) the Issuer shall have delivered to the Trustee an Opinion of Counsel to the effect
that, as of the date of such opinion and subject to customary assumptions and exclusions
following the deposit, the trust funds will not be subject to the effect of Section 547 of
Title 11 of the United States Code;

     (7) the Issuer shall have delivered to the Trustee an Officer’s Certificate stating
that the deposit was not made by the Issuer with the intent of defeating, hindering,
delaying or defrauding any creditors of the Issuer or any Guarantor or others; and

     (8) the Issuer shall have delivered to the Trustee an Officer’s Certificate and an
Opinion of Counsel (which Opinion of Counsel may be subject to customary assumptions and
exclusions) each stating that all conditions precedent provided for or relating to the Legal
Defeasance or the Covenant Defeasance, as the case may be, have been complied with.

			
	Section 8.05	 	Deposited Money and Government Securities to Be Held in Trust;
Other Miscellaneous Provisions.

          Subject to Section 8.06 hereof, all money and Government Securities (including the proceeds
thereof) deposited with the Trustee (or other qualifying trustee, collectively for purposes of this
Section 8.05, the “Trustee”) pursuant to Section 8.04 hereof in respect of the outstanding
Notes shall be held in trust and applied by the Trustee, in accordance with the provisions of such
Notes and this Indenture, to the payment, either directly or through any Paying Agent (including
the Issuer or a Guarantor acting as Paying Agent) as the Trustee may determine, to the Holders of
such Notes of all sums due and to become due thereon in respect of principal, premium and
Additional Interest, if any, and interest, but such money need not be segregated from other funds
except to the extent required by law. Money and Government Securities so held in trust are not
subject to Article 10 or Article 12 hereof

          The Issuer shall pay and indemnify the Trustee against any tax, fee or other charge imposed on
or assessed against the cash or Government Securities deposited pursuant to Section 8.04 hereof or
the principal and interest received in respect thereof other than any such tax, fee or other charge
which by law is for the account of the Holders of the outstanding Notes.

          Anything in this Article 8 to the contrary notwithstanding, the Trustee shall deliver or pay
to the Issuer from time to time upon the request of the Issuer any money or Government Securities
held by it as provided in Section 8.04 hereof which, in the opinion of a nationally recognized firm
of inde-

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pendent public accountants expressed in a written certification thereof delivered to the
Trustee (which may be the opinion delivered under Section 8.04(a) hereof), are in excess of the
amount thereof that would then be required to be deposited to effect an equivalent Legal Defeasance
or Covenant Defeasance.

Section 8.06 Repayment to Issuer.

          Any money deposited with the Trustee or any Paying Agent, or then held by the Issuer, in trust
for the payment of the principal of, premium and Additional Interest, if any, or interest on any
Note and remaining unclaimed for two years after such principal, and premium and Additional
Interest, if any, or interest has become due and payable shall be paid to the Issuer on its request
or (if then held by the Issuer) shall be discharged from such trust; and the Holder of such Note
shall thereafter look only to the Issuer for payment thereof, and all liability of the Trustee or
such Paying Agent with respect to such trust money, and all liability of the Issuer as trustee
thereof, shall thereupon cease.

Section 8.07 Reinstatement.

          If the Trustee or Paying Agent is unable to apply any United States dollars or Government
Securities in accordance with Section 8.02 or 8.03 hereof, as the case may be, by reason of any
order or judgment of any court or governmental authority enjoining, restraining or otherwise
prohibiting such application, then the Issuer’s obligations under this Indenture and the Notes
shall be revived and reinstated as though no deposit had occurred pursuant to Section 8.02 or 8.03
hereof until such time as the Trustee or Paying Agent is permitted to apply all such money in
accordance with Section 8.02 or 8.03 hereof, as the case may be; provided that, if the
Issuer makes any payment of principal of, premium and Additional Interest, if any, or interest on
any Note following the reinstatement of its obligations, the Issuer shall be subrogated to the
rights of the Holders of such Notes to receive such payment from the money held by the Trustee or
Paying Agent.

ARTICLE 9

AMENDMENT, SUPPLEMENT AND WAIVER

Section 9.01 Without Consent of Holders of Notes.

          Notwithstanding Section 9.02 hereof, the Issuer, any Guarantor (with respect to a Guarantee or
this Indenture) and the Trustee may amend or supplement this Indenture and any Guarantee or Notes
without the consent of any Holder:

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

     (2) to provide for uncertificated Notes of such series in addition to or in place of
certificated Notes;

     (3) to comply with Section 5.01 hereof;

     (4) to provide the assumption of the Issuer’s or any Guarantor’s obligations to the
Holders;

     (5) to make any change that would provide any additional rights or benefits to the
Holders or that does not adversely affect the legal rights under this Indenture of any such
Holder;

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     (6) to add covenants for the benefit of the Holders or to surrender any right or power
conferred upon the Issuer or any Guarantor;

     (7) to comply with requirements of the SEC in order to effect or maintain the
qualification of this Indenture under the Trust Indenture Act;

     (8) to evidence and provide for the acceptance and appointment under this Indenture of
a successor Trustee thereunder pursuant to the requirements thereof;

     (9) to provide for the issuance of exchange notes or private exchange notes, which are
identical to exchange notes except that they are not freely transferable;

     (10) to add a Guarantor under this Indenture;

     (11) to conform the text of this Indenture, Guarantees or the Notes to any provision of
the “Description of Notes” section of the Offering Memorandum to the extent that such
provision in such “Description of Notes” section was intended to be a verbatim recitation of
a provision of this Indenture, Guarantee or Notes;

     (12) making any amendment to the provisions of this Indenture relating to the transfer
and legending of Notes as permitted by this Indenture, including, without limitation to
facilitate the issuance and administration of the Notes; provided, however,
that (i) compliance with this Indenture as so amended would not result in Notes being
transferred in violation of the Securities Act or any applicable securities law and (ii)
such amendment does not materially and adversely affect the rights of Holders to transfer
Notes; or

     (13) to issue Additional Notes in accordance with Section 2.01(c).

          Upon the request of the Issuer accompanied by a resolution of its board of directors
authorizing the execution of any such amended or supplemental indenture, and upon receipt by the
Trustee of the documents described in Section 7.02 hereof, the Trustee shall join with the Issuer
and the Guarantors in the execution of any amended or supplemental indenture authorized or
permitted by the terms of this Indenture and to make any further appropriate agreements and
stipulations that may be therein contained, but the Trustee shall not be obligated to enter into
such amended or supplemental indenture that affects its own rights, duties or immunities under this
Indenture or otherwise. Notwithstanding the foregoing, no Opinion of Counsel shall be required in
connection with the addition of a Guarantor under this Indenture upon execution and delivery by
such Guarantor and the Trustee of a supplemental indenture to this Indenture, the form of which is
attached as Exhibit D hereto, and delivery of an Officer’s Certificate.

Section 9.02 With Consent of Holders of Notes.

          Except as provided below in this Section 9.02, the Issuer and the Trustee may amend or
supplement this Indenture, the Notes and the Guarantees with the consent of the Holders of at least
a majority in principal amount of the Notes (including Additional Notes, if any) then outstanding
voting as a single class (including, without limitation, consents obtained in connection with a
tender offer or exchange offer for, or purchase of, the Notes), and, subject to Sections 6.04 and
6.07 hereof, any existing Default or Event of Default (other than a Default or Event of Default in
the payment of the principal of, premium and Additional Interest, if any, or interest on the Notes,
except a payment default resulting from an acceleration that has been rescinded) or compliance with
any provision of this Indenture, the Guarantees or the Notes may be waived with the consent of the
Holders of a majority in principal amount of the then outstanding Notes (including Additional
Notes, if any) voting as a single class (including consents

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obtained in connection with a tender
offer or exchange offer for, or purchase of, the Notes). Section 2.08 hereof and Section 2.09
hereof shall determine which Notes are considered to be “outstanding” for the purposes of this
Section 9.02. However, no amendment to or waiver of Article 10 or Article 12 of this Indenture (or
the component definitions used herein) may be made without the consent of a majority of the holders
of the Designated Senior Indebtedness of the Issuer and the Guarantors (or their Representative).

          Upon the request of the Issuer accompanied by a resolution of its board of directors
authorizing the execution of any such amended or supplemental indenture, and upon the filing with
the Trustee of evidence satisfactory to the Trustee of the consent of the Holders of Notes as
aforesaid, and upon receipt by the Trustee of the documents described in Section 7.02 hereof, the
Trustee shall join with the Issuer in the execution of such amended or supplemental indenture
unless such amended or supplemental indenture directly affects the Trustee’s own rights, duties or
immunities under this Indenture or otherwise, in which case the Trustee may in its discretion, but
shall not be obligated to, enter into such amended or supplemental indenture.

          It shall not be necessary for the consent of the Holders of Notes under this Section 9.02 to
approve the particular form of any proposed amendment or waiver, but it shall be sufficient if such
consent approves the substance thereof.

          After an amendment, supplement or waiver under this Section 9.02 becomes effective, the Issuer
shall mail to the Holders of Notes affected thereby a notice briefly describing the amendment,
supplement or waiver. Any failure of the Issuer to mail such notice, or any defect therein, shall
not, however, in any way impair or affect the validity of any such amended or supplemental
indenture or waiver.

          Without the consent of each affected Holder of Notes, an amendment or waiver under this
Section 9.02 may not (with respect to any Notes held by a non-consenting Holder):

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

     (2) reduce the principal of or change the fixed final maturity of any such Note or
alter or waive the provisions with respect to the redemption of such Notes (other than
provisions relating to Section 3.09, Section 4.10 and Section 4.14 hereof to the extent that
any such amendment or waiver does not have the effect of reducing the principal of or
changing the fixed final maturity of any such Note or altering or waiving the provisions
with respect to the redemption of such Notes);

     (3) reduce the rate of or change the time for payment of interest on any Note;

     (4) waive a Default in the payment of principal of or premium, if any, or interest on
the Notes, except a rescission of acceleration of the Notes by the Holders of at least a
majority in aggregate principal amount of the Notes and a waiver of the payment default that
resulted from such acceleration, or in respect of a covenant or provision contained in this
Indenture or any Guarantee which cannot be amended or modified without the consent of all
Holders;

     (5) make any Note payable in money other than that stated therein;

     (6) make any change in the provisions of this Indenture relating to the rights of
Holders to receive payments of principal of or premium, if any, or interest on the Notes;

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     (7) make any change in these amendment and waiver provisions;

     (8) impair the right of any Holder to receive payment of principal of, or interest on
such Holder’s Notes on or after the due dates therefor or to institute suit for the
enforcement of any payment on or with respect to such Holder’s Notes;

     (9) make any change in the subordination provisions hereof that would adversely affect
the Holders; or

     (10) except as expressly permitted by this Indenture, modify the Guarantees of any
Significant Subsidiary in any manner adverse to the Holders of the Notes.

Section 9.03 Compliance with Trust Indenture Act.

          Every amendment or supplement to this Indenture or the Notes shall be set forth in an amended
or supplemental indenture that complies with the Trust Indenture Act as then in effect.

Section 9.04 Revocation and Effect of Consents.

          Until an amendment, supplement or waiver becomes effective, a consent to it by a Holder of a
Note is a continuing consent by the Holder of a Note and every subsequent Holder of a Note or
portion of a Note that evidences the same debt as the consenting Holder’s Note, even if notation of
the consent is not made on any Note. However, any such Holder of a Note or subsequent Holder of a
Note may revoke the consent as to its Note if the Trustee receives written notice of revocation
before the date the waiver, supplement or amendment becomes effective. An amendment, supplement or
waiver becomes effective in accordance with its terms and thereafter binds every Holder.

          The Issuer may, but shall not be obligated to, fix a record date for the purpose of
determining the Holders entitled to consent to any amendment, supplement, or waiver. If a record
date is fixed, then, notwithstanding the preceding paragraph, those Persons who were Holders at
such record date (or their duly designated proxies), and only such Persons, shall be entitled to
consent to such amendment, supplement, or waiver or to revoke any consent previously given, whether
or not such Persons continue to be Holders after such record date. No such consent shall be valid
or effective for more than 120 days after such record date unless the consent of the requisite
number of Holders has been obtained.

Section 9.05 Notation on or Exchange of Notes.

          The Trustee may place an appropriate notation about an amendment, supplement or waiver on any
Note thereafter authenticated. The Issuer in exchange for all Notes may issue and the Trustee
shall, upon receipt of an Authentication Order, authenticate new Notes that reflect the amendment,
supplement or waiver.

          Failure to make the appropriate notation or issue a new Note shall not affect the validity and
effect of such amendment, supplement or waiver.

Section 9.06 Trustee to Sign Amendments, etc.

          The Trustee shall sign any amendment, supplement or waiver authorized pursuant to this Article
9 if the amendment or supplement does not adversely affect the rights, duties, liabilities or
immunities of the Trustee. The Issuer may not sign an amendment, supplement or waiver until the
board of directors approves it. In executing any amendment, supplement or waiver, the Trustee
shall be entitled to

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receive and (subject to Section 7.01 hereof) shall be fully protected in
relying upon, in addition to the documents required by Section 14.04 hereof, an Officer’s
Certificate and an Opinion of Counsel stating that the execution of such amended or supplemental
indenture is authorized or permitted by this Indenture and that such amendment, supplement or
waiver is the legal, valid and binding obligation of the Issuer and any Guarantors party thereto,
enforceable against them in accordance with its terms, subject to customary exceptions, and
complies with the provisions hereof (including Section 9.03). Notwithstanding the foregoing, no
Opinion of Counsel will be required for the Trustee to execute any amendment or supplement adding a
new Guarantor under this Indenture.

Section 9.07 Payment for Consent.

          Neither the Issuer nor any Affiliate of the Issuer shall, directly or indirectly, pay or cause
to be paid any consideration, whether by way of interest, fee or otherwise, to any Holder for or as
an inducement to any consent, waiver or amendment of any of the terms or provisions of this
Indenture or the Notes unless such consideration is offered to all Holders and is paid to all
Holders that so consent, waive or agree to amend in the time frame set forth in solicitation
documents relating to such consent, waiver or agreement.

ARTICLE 10

SUBORDINATION

Section 10.01 Agreement To Subordinate.

          The Issuer agrees, and each Holder by accepting a Note agrees, that the payment of all
Obligations owing in respect of the Notes is subordinated in right of payment, to the extent and in
the manner provided in this Article 10, to the prior payment in full in cash of all existing and
future Senior Indebtedness of the Issuer and that the subordination is for the benefit of and enforceable by
the holders of such Senior Indebtedness. The Notes shall in all respects rank pari passu in right
of payment with all existing and future Senior Subordinated Indebtedness of the Issuer, and will be
senior in right of payment to all existing and future Subordinated Indebtedness of the Issuer; and
only Indebtedness of the Issuer that is Senior Indebtedness shall rank senior to the Notes in
accordance with the provisions set forth herein. All provisions of this Article 10 shall be
subject to Section 10.12.

Section 10.02 Liquidation, Dissolution, Bankruptcy.

          Upon any payment or distribution of the assets of the Issuer to creditors upon a total or
partial liquidation or dissolution, reorganization, insolvency or bankruptcy of or similar
proceeding relating to the Issuer or its property:

     (i) the holders of Senior Indebtedness of the Issuer shall be entitled to receive
payment in full in cash of such Senior Indebtedness before Holders shall be entitled to
receive any payment or distribution of any kind or character with respect to any Obligations
on, or relating to, the Notes; and

     (ii) until the Senior Indebtedness of the Issuer is paid in full in cash, any payment
or distribution to which Holders would be entitled but for the subordination provisions of
this Indenture shall be made to holders of such Senior Indebtedness as their interests may
appear, except that Holders may receive Permitted Junior Securities.

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Section 10.03 Default on Senior Indebtedness of the Issuer.

          The Issuer shall not pay principal of, premium, if any, or interest on the Notes (or pay any
other Obligations relating to the Notes, including Additional Interest, fees, costs, expenses,
indemnities and rescission or damage claims) or make any deposit pursuant to Article 8 or Article
13 hereof and may not purchase, redeem or otherwise retire any Notes (collectively, “pay the
Notes”) (except in the form of Permitted Junior Securities of the type referred to in clause
(2) of the definition thereof) if either of the following occurs (a “Payment Default”):

     (i) any Obligation on any Designated Senior Indebtedness of the Issuer is not paid in
full in cash when due; or

     (ii) any other default on Designated Senior Indebtedness of the Issuer occurs and the
maturity of such Designated Senior Indebtedness is accelerated in accordance with its terms;

unless, in either case, the Payment Default has been cured or waived and any such acceleration has
been rescinded or such Designated Senior Indebtedness has been paid in full in cash;
provided, however, that the Issuer shall be entitled to pay the Notes without
regard to the foregoing if the Issuer and the Trustee receive written notice approving such payment
from the Representatives of all Designated Senior Indebtedness with respect to which the Payment
Default has occurred and is continuing.

          During the continuance of any default (other than a Payment Default) (a “Non-Payment
Default”) with respect to any Designated Senior Indebtedness of the Issuer pursuant to which
the maturity thereof may be accelerated without further notice (except such notice as may be
required to effect such acceleration) or the expiration of any applicable grace periods, the Issuer shall not pay the
Notes (except in the form of Permitted Junior Securities of the type referred to in clause (2) of
the definition thereof) for a period (a “Payment Blockage Period”) commencing upon the
receipt by the Trustee (with a copy to the Issuer) of written notice (a “Blockage Notice”)
of such Non-Payment Default from the Representative of such Designated Senior Indebtedness
specifying an election to effect a Payment Blockage Period and ending 179 days thereafter. So long
as there shall remain outstanding any Senior Indebtedness under the Senior Credit Facilities, a
Blockage Notice may be given only by the Representative thereunder unless otherwise agreed to in
writing by the requisite lenders named therein. The Payment Blockage Period shall end earlier if
such Payment Blockage Period is terminated (i) by written notice to the Trustee and the Issuer from
the Person or Persons who gave such Blockage Notice; (ii) because the default giving rise to such
Blockage Notice is cured, waived or otherwise no longer continuing; or (iii) because such
Designated Senior Indebtedness has been discharged or repaid in full in cash.

          Notwithstanding the provisions described in the immediately preceding two sentences (but
subject to the provisions contained in the first sentence of this Section 10.03 and Section 10.02
hereof), unless the holders of such Designated Senior Indebtedness or the Representative of such
Designated Senior Indebtedness shall have accelerated the maturity of such Designated Senior
Indebtedness or a Payment Default has occurred and is continuing, the Issuer shall be entitled to
resume paying the Notes after the end of such Payment Blockage Period. The Notes shall not be
subject to more than one Payment Blockage Period in any consecutive 360-day period irrespective of
the number of Non-Payment Defaults with respect to Designated Senior Indebtedness of the Issuer
during such period; provided that if any Blockage Notice is delivered to the Trustee by or
on behalf of the holders of Designated Senior Indebtedness of the Issuer (other than the holders of
Indebtedness under the Senior Credit Facilities), a Representative of holders of Indebtedness under
the Senior Credit Facilities may give another Blockage Notice within such period. However, in no
event shall the total number of days during which any Payment Blockage Period or Periods on the
Notes is in effect exceed 179 days in the aggregate during any consecutive 360-day period, and
there must be at least 181 days during any consecutive 360-day period dur-

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ing which no Payment Blockage Period is in effect. Notwithstanding the foregoing, however, no Non-Payment Default that
existed or was continuing on the date of commencement of any Payment Blockage Period with respect
to any Designated Senior Indebtedness and that was the basis for the initiation of such Payment
Blockage Period shall be, or be made, the basis for a subsequent Payment Blockage Period by the
Representative of such Designated Senior Indebtedness unless such default has been cured or waived
for a period of not less than 90 consecutive days (it being acknowledged that any subsequent
action, or any breach of any financial covenants during the period after the date of delivery of
such initial Blockage Notice, that, in either case, would give rise to a Non-Payment Default
pursuant to any provisions under which a Non-Payment Default previously existed or was continuing
shall constitute a new Non-Payment Default for this purpose).

Section 10.04 Acceleration of Payment of Notes.

          If payment of the Notes is accelerated because of an Event of Default, the Issuer shall
promptly notify the holders of the Designated Senior Indebtedness of the Issuer or the
Representative of such Designated Senior Indebtedness of the acceleration; provided that
any failure to give such notice shall have no effect whatsoever on the provisions of this Article
10. If any Designated Senior Indebtedness of the Issuer is outstanding, the Issuer may not pay the
Notes until five Business Days after the Representatives of all the holders of such Designated
Senior Indebtedness receive notice of such acceleration and, thereafter, may pay the Notes only if
this Indenture otherwise permits payment at that time.

Section 10.05 When Distribution Must Be Paid Over.

          If a distribution is made to Holders that, due to the subordination provisions, should not
have been made to them, such Holders are required to hold it in trust for the holders of Senior
Indebtedness of the Issuer and pay it over to them in accordance with Section 10.10 hereof.

Section 10.06 Subrogation.

          After all Senior Indebtedness of the Issuer is paid in full in cash and until the Notes are
paid in full, Holders shall be subrogated to the rights of holders of such Senior Indebtedness to
receive distributions applicable to such Senior Indebtedness. A distribution made under this
Article 10 to holders of such Senior Indebtedness which otherwise would have been made to Holders
is not, as between the Issuer and Holders, a payment by the Issuer on such Senior Indebtedness.

Section 10.07 Relative Rights.

          This Article 10 defines the relative rights of Holders and holders of Senior Indebtedness of
the Issuer. Nothing in this Indenture shall:

     (i) impair, as between the Issuer and Holders, the obligation of the Issuer, which is
absolute and unconditional, to pay principal of and interest on the Notes in accordance with
their terms;

     (ii) prevent the Trustee or any Holder from exercising its available remedies upon a
Default, subject to the rights of holders of Senior Indebtedness of the Issuer to receive
payments or distributions otherwise payable to Holders and such other rights of such holders
of Senior Indebtedness as set forth herein; or

     (iii) affect the relative rights of Holders and creditors of the Issuer other than
their rights in relation to holders of Senior Indebtedness.

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Section 10.08 Subordination May Not Be Impaired by Issuer.

          No right of any holder of Senior Indebtedness of the Issuer to enforce the subordination of
the Indebtedness evidenced by the Notes shall be impaired by any act or failure to act by the
Issuer or by its failure to comply with this Indenture.

          Without in any way limiting the generality of the foregoing paragraph, the holders of the
Senior Indebtedness may, at any time and from time to time, without incurring responsibility to the
Trustee or the Holders and without impairing or releasing the subordination provisions of this
Article 10 or the obligations hereunder of the Holders to the holders of the Senior Indebtedness,
do any one or more of the following: (i) change the manner, place or terms of payment or extend
the time of payment of, or renew or alter the Senior Indebtedness, or otherwise amend or supplement
in any manner the Senior Indebtedness of the Issuer, or any instrument evidencing same or any agreement under which such Senior
Indebtedness is outstanding; (ii) sell, exchange, release, or otherwise deal with any property
pledged, mortgaged or otherwise securing Senior Indebtedness of the Issuer; (iii) release any
Person liable in any manner for the payment or collection of Senior Indebtedness of the Issuer; and
(iv) exercise or refrain from exercising any rights against the Issuer and any other Person.

Section 10.09 Rights of Trustee and Paying Agent.

          Notwithstanding Section 10.03 hereof, the Trustee or any Paying Agent may continue to make
payments on the Notes and shall not be charged with knowledge of the existence of facts that would
prohibit the making of any payments unless a Responsible Officer of the Trustee receives notice
satisfactory to him that payments may not be made under this Article 10. The Issuer, the
Registrar, the Paying Agent, a Representative or a holder of Senior Indebtedness of the Issuer
shall be entitled to give the notice; provided, however, that, if an issue of
Senior Indebtedness of the Issuer has a Representative, only the Representative shall be entitled
to give the notice.

          The Trustee in its individual or any other capacity shall be entitled to hold Senior
Indebtedness of the Issuer with the same rights it would have if it were not Trustee. The
Registrar and the Paying Agent shall be entitled to do the same with like rights. The Trustee
shall be entitled to all the rights set forth in this Article 10 with respect to any Senior
Indebtedness of the Issuer which may at any time be held by it, to the same extent as any other
holder of such Senior Indebtedness; and nothing in Article 7 shall deprive the Trustee of any of
its rights as such holder. Nothing in this Article 10 shall apply to claims of, or payments to,
the Trustee under or pursuant to Section 7.07 hereof or any other Section of this Indenture.

Section 10.10 Distribution or Notice to Representative.

          Whenever a distribution is to be made or a notice given to holders of Senior Indebtedness of
the Issuer, the distribution may be made and the notice given to their Representative (if any).

Section 10.11 Article 10 Not To Prevent Events of Default or Limit Right To
Accelerate.

          The failure to make a payment pursuant to the Notes by reason of any provision in this Article
10 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 10
shall have any effect on the right of the Holders or the Trustee to accelerate the maturity of the
Notes.

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Section 10.12 Trust Moneys Not Subordinated.

          Notwithstanding anything contained herein to the contrary, payments from money or the proceeds
of Government Securities held in trust by the Trustee for the payment of principal of and interest
on the Notes pursuant to and in accordance with Article 8 or Article 13 hereof shall not be
subordinated to the prior payment of any Senior Indebtedness of the Issuer or subject to the
restrictions set forth in this Article 10, and none of the Holders shall be obligated to pay over any such amount to the
Issuer or any holder of Senior Indebtedness of the Issuer or any other creditor of the Issuer,
provided that the subordination provisions of this Article 10 were not violated at the time
the applicable amounts were deposited in trust pursuant to Article 8 or Article 13 hereof, as the
case may be.

Section 10.13 Trustee Entitled To Rely.

          Upon any payment or distribution pursuant to this Article 10, the Trustee and the Holders
shall be entitled to rely (a) upon any order or decree of a court of competent jurisdiction in
which any proceedings of the nature referred to in Section 10.02 hereof are pending, (b) upon a
certificate of the liquidating trustee or agent or other Person making such payment or distribution
to the Trustee or to the Holders or (c) upon the Representatives of Senior Indebtedness of the
Issuer for the purpose of ascertaining the Persons entitled to participate in such payment or
distribution, the holders of such Senior Indebtedness and other Indebtedness of the Issuer, the
amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other
facts pertinent thereto or to this Article 10; provided that notwithstanding the foregoing,
the subordination provisions contained herein shall not be affected and the Holders receiving any
payments in contravention of Sections 10.02 and/or 10.03 (and such respective payments) shall
otherwise be subject to the provisions of this Article 10. The Issuer shall promptly give written
notice to the Trustee of any such dissolution, winding-up, liquidation, or reorganization of the
Issuer, provided that any delay or failure to give such notice shall have no effect on the
subordination provisions contained herein. In the event that the Trustee determines, in good
faith, that evidence is required with respect to the right of any Person as a holder of Senior
Indebtedness of the Issuer to participate in any payment or distribution pursuant to this Article
10, the Trustee shall be entitled to request such Person to furnish evidence to the reasonable
satisfaction of the Trustee as to the amount of such Senior Indebtedness held by such Person, the
extent to which such Person is entitled to participate in such payment or distribution and other
facts pertinent to the rights of such Person under this Article 10, and, if such evidence is not
furnished, the Trustee shall be entitled to defer any payment to such Person pending judicial
determination as to the right of such Person to receive such payment. The provisions of Sections
7.01 and 7.02 hereof shall be applicable to all actions or omissions of actions by the Trustee
pursuant to this Article 10.

Section 10.14 Trustee To Effectuate Subordination.

          A Holder by its acceptance of a Note agrees to be bound by this Article 10 and authorizes and
expressly directs the Trustee, on his behalf, to take such action as may be necessary or
appropriate to effectuate the subordination between the Holders and the holders of Senior
Indebtedness of the Issuer as provided in this Article 10 and appoints the Trustee as
attorney-in-fact for any and all such purposes.

Section 10.15 Trustee Not Fiduciary for Holders of Senior Indebtedness of the
Issuer.

          The Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior
Indebtedness of the Issuer and shall not be liable to any such holders if it shall mistakenly pay
over or distribute to Holders or the Issuer or any other Person, money or assets to which any
holders of Senior Indebtedness of the Issuer shall be entitled by virtue of this Article 10 or
otherwise.

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	Section 10.16	 Reliance by Holders of Senior Indebtedness of the Issuer on
Subordination Provisions.

          Each Holder by accepting a Note acknowledges and agrees that the foregoing subordination
provisions are, and are intended to be, an inducement and a consideration to each holder of any
Senior Indebtedness of the Issuer, whether such Senior Indebtedness was created or acquired before
or after the issuance of the Notes, to acquire and continue to hold, or to continue to hold, such
Senior Indebtedness and such holder of such Senior Indebtedness shall be deemed conclusively to
have relied on such subordination provisions in acquiring and continuing to hold, or in continuing
to hold, such Senior Indebtedness.

          Without in any way limiting the generality of the foregoing paragraph, the holders of Senior
Indebtedness of the Issuer may, at any time and from time to time, without the consent of or notice
to the Trustee or the Holders, without incurring responsibility to the Trustee or the Holders and
without impairing or releasing the subordination provided in this Article 10 or the obligations
hereunder of the Holders to the holders of the Senior Indebtedness of the Issuer, do any one or
more of the following: (i) change the manner, place or terms of payment or extend the time of
payment of, or renew or alter, Senior Indebtedness of the Issuer, or otherwise amend or supplement
in any manner Senior Indebtedness of the Issuer, or any instrument evidencing the same or any
agreement under which Senior Indebtedness of the Issuer is outstanding; (ii) sell, exchange,
release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior
Indebtedness of the Issuer; (iii) release any Person liable in any manner for the payment or
collection of Senior Indebtedness of the Issuer; and (iv) exercise or refrain from exercising any
rights against the Issuer and any other Person.

ARTICLE 11

GUARANTEES

Section 11.01 Guarantee.

          Subject to this Article 11, from and after the consummation of the Acquisition, each of the
Guarantors hereby, jointly and severally, unconditionally guarantees, subject to Article 12, to
each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its
successors and assigns, irrespective of the validity and enforceability of this Indenture, the
Notes or the obligations of the Issuer hereunder or thereunder, that: (a) the principal of,
interest, premium and Additional Interest, if any, on the Notes shall be promptly paid in full when
due, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue
principal of and interest on the Notes, if any, if lawful, and all other Obligations of the Issuer
to the Holders or the Trustee hereunder or thereunder shall be promptly paid in full or performed,
all in accordance with the terms hereof and thereof; and (b) in case of any extension of time of
payment or renewal of any Notes or any of such other obligations, that same shall be promptly paid
in full when due or performed in accordance with the terms of the extension or renewal, whether at
stated maturity, by acceleration or otherwise. Failing payment when due of any amount so
guaranteed or any performance so guaranteed for whatever reason, the Guarantors shall be jointly
and severally obligated to pay the same immediately. Each Guarantor agrees that this is a
guarantee of payment and not a guarantee of collection.

          The Guarantors hereby agree that their obligations hereunder shall be unconditional,
irrespective of the validity, regularity or enforceability of the Notes or this Indenture, the
absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with
respect to any provisions hereof or thereof, the recovery of any judgment against the Issuer, any
action to enforce the same or any other circumstance which might otherwise constitute a legal or
equitable discharge or defense of a guar-

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antor. Each Guarantor hereby waives diligence,
presentment, demand of payment, filing of claims with a court in the event of insolvency or
bankruptcy of the Issuer, any right to require a proceeding first against the Issuer, protest,
notice and all demands whatsoever and covenants that this Guarantee shall not be discharged except
by complete performance of the obligations contained in the Notes and this Indenture.

          Each Guarantor also agrees to pay any and all costs and expenses (including reasonable
attorneys’ fees) incurred by the Trustee or any Holder in enforcing any rights under this Section
11.01.

          If any Holder or the Trustee is required by any court or otherwise to return to the Issuer,
the Guarantors or any custodian, trustee, liquidator or other similar official acting in relation
to either the Issuer or the Guarantors, any amount paid either to the Trustee or such Holder, this
Guarantee, to the extent theretofore discharged, shall be reinstated in full force and effect.

          Each Guarantor agrees that it shall not be entitled to any right of subrogation in relation to
the Holders in respect of any obligations guaranteed hereby until payment in full of all
obligations guaranteed hereby. Each Guarantor further agrees that, as between the Guarantors, on
the one hand, and the Holders and the Trustee, on the other hand, (x) the maturity of the
obligations guaranteed hereby may be accelerated as provided in Article 6 hereof for the purposes
of this Guarantee, notwithstanding any stay, injunction or other prohibition preventing such
acceleration in respect of the obligations guaranteed hereby, and (y) in the event of any
declaration of acceleration of such obligations as provided in Article 6 hereof, such obligations
(whether or not due and payable) shall forthwith become due and payable by the Guarantors for the
purpose of this Guarantee. The Guarantors shall have the right to seek contribution from any
non-paying Guarantor so long as the exercise of such right does not impair the rights of the
Holders under the Guarantees.

          Each Guarantee shall remain in full force and effect and continue to be effective should any
petition be filed by or against the Issuer for liquidation, reorganization, should the Issuer
become insolvent or make an assignment for the benefit of creditors or should a receiver or trustee
be appointed for all or any significant part of the Issuer’s assets, and shall, to the fullest
extent permitted by law, continue to be effective or be reinstated, as the case may be, if at any
time payment and performance of the Notes are, pursuant to applicable law, rescinded or reduced in
amount, or must otherwise be restored or returned by any obligee on the Notes or Guarantees,
whether as a “voidable preference,” “fraudulent transfer” or otherwise, all as though such payment
or performance had not been made. In the event that any payment or any part thereof, is rescinded,
reduced, restored or returned, the Notes shall, to the fullest extent permitted by law, be
reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or
returned.

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

          The Guarantee issued by any Guarantor shall be a general unsecured senior subordinated
obligation of such Guarantor and shall be subordinated in right of payment to all existing and
future Senior Indebtedness of such Guarantor, if any.

          Each payment to be made by a Guarantor in respect of its Guarantee shall be made without
set-off, counterclaim, reduction or diminution of any kind or nature.

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Section 11.02 Limitation on Guarantor Liability.

          Each Guarantor, and by its acceptance of Notes, each Holder, hereby confirms that it is the
intention of all such parties that the Guarantee of such Guarantor not constitute a fraudulent
transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the
Uniform Fraudulent Transfer Act or any similar federal or state law to the extent applicable to any
Guarantee. To effectuate the foregoing intention, the Trustee, the Holders and the Guarantors
hereby irrevocably agree that the obligations of each Guarantor shall be limited to the maximum
amount as will, after giving effect to such maximum amount and all other contingent and fixed
liabilities of such Guarantor (including, without limitation, all Senior Indebtedness of such
Guarantor) that are relevant under such laws and after giving effect to any collections from,
rights to receive contribution from or payments made by or on behalf of any other Guarantor in
respect of the obligations of such other Guarantor under this Article 11, result in the obligations
of such Guarantor under its Guarantee not constituting a fraudulent conveyance or fraudulent
transfer under applicable law. Each Guarantor that makes a payment under its Guarantee shall be
entitled upon payment in full of all guaranteed obligations under this Indenture to a contribution
from each other Guarantor in an amount equal to such other
Guarantor’s pro rata portion of such
payment based on the respective net assets of all the Guarantors at the time of such payment
determined in accordance with GAAP.

Section 11.03 Execution and Delivery.

          To evidence its Guarantee set forth in Section 11.01 hereof, each Guarantor hereby agrees that
this Indenture shall be executed on behalf of such Guarantor by its President, one of its Vice
Presidents or one of its Assistant Vice Presidents.

          Each Guarantor hereby agrees that its Guarantee set forth in Section 11.01 hereof shall remain
in full force and effect notwithstanding the absence of the endorsement of any notation of such
Guarantee on the Notes.

          If an Officer whose signature is on this Indenture no longer holds that office at the time the
Trustee authenticates the Note, the Guarantee shall be valid nevertheless.

          The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall
constitute due delivery of the Guarantee set forth in this Indenture on behalf of the Guarantors.

          If required by Section 4.15 hereof, the Issuer shall cause any newly created or acquired
Restricted Subsidiary to comply with the provisions of Section 4.15 hereof and this Article 11, to
the extent applicable.

Section 11.04 Subrogation.

          Each Guarantor shall be subrogated to all rights of Holders of Notes against the Issuer in
respect of any amounts paid by any Guarantor pursuant to the provisions of Section 11.01 hereof;
provided that, if an Event of Default has occurred and is continuing, no Guarantor shall be
entitled to enforce or receive any payments arising out of, or based upon, such right of
subrogation until all amounts then due and payable by the Issuer under this Indenture or the Notes
shall have been paid in full.

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Section 11.05 Benefits Acknowledged.

          Each Guarantor acknowledges that it will receive direct and indirect benefits from the
financing arrangements contemplated by this Indenture and that the guarantee and waivers made by it
pursuant to its Guarantee are knowingly made in contemplation of such benefits.

Section 11.06 Release of Guarantees.

          A Guarantee by a Guarantor shall be automatically and unconditionally released and discharged,
and no further action by such Guarantor, the Issuer or the Trustee is required for the release of
such Guarantor’s Guarantee, upon:

     (1) (A) any sale, exchange or transfer (by merger or otherwise) of the Capital Stock
of such Guarantor (including any sale, exchange or transfer), after which the applicable
Guarantor is no longer a Restricted Subsidiary or all or substantially all the assets of
such Guarantor which sale, exchange or transfer is made in compliance with the applicable
provisions of this Indenture;

     (B) the release or discharge of the guarantee by such Guarantor of the Senior Credit
Facilities or the guarantee which resulted in the creation of such Guarantee, except a
discharge or release by or as a result of payment under such guarantee;

     (C) the proper designation of any Restricted Subsidiary that is a Guarantor as an
Unrestricted Subsidiary; or

     (D) the Issuer exercising its Legal Defeasance option or Covenant Defeasance option in
accordance with Article 8 hereof or the Issuer’s obligations under this Indenture being
discharged in accordance with the terms of this Indenture; and

     (2) the Issuer delivering to the Trustee an Officer’s Certificate and an Opinion of
Counsel, each stating that all conditions precedent provided for in this Indenture relating
to such transaction have been complied with.

ARTICLE 12

SUBORDINATION OF GUARANTEES

     Section 12.01 Agreement To Subordinate.

          Each Guarantor agrees, and each Holder by accepting a Note agrees, that the obligations of
such Guarantor under its Guarantee are subordinated in right of payment, to the extent and in the
manner provided in this Article 12, to the prior payment in full in cash of all existing and future
Senior Indebtedness of such Guarantor and that the subordination is for the benefit of and
enforceable by the holders of such Senior Indebtedness. A Guarantor’s obligations under its
Guarantee shall in all respects rank pari passu in right of payment with all existing and future
Senior Subordinated Indebtedness of such Guarantor, and will be senior in right of payment to all
existing and future Subordinated Indebtedness of such Guarantor; and only Indebtedness of such
Guarantor that is Senior Indebtedness shall rank senior to the obligations of such Guarantor under
its Guarantee in accordance with the provisions set forth herein. All provisions of this Article
12 shall be subject to Section 12.12.

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Section 12.02 Liquidation, Dissolution, Bankruptcy.

          Upon any payment or distribution of the assets of a Guarantor to creditors upon a total or
partial liquidation or dissolution, reorganization, insolvency or bankruptcy of or similar
proceeding relating to such Guarantor or its property:

     (i) the holders of Senior Indebtedness of such Guarantor shall be entitled to receive
payment in full in cash of such Senior Indebtedness before Holders shall be entitled to
receive any payment or distribution of any kind or character with respect to any Obligations
on, or relating to, the Notes; and

     (ii) until the Senior Indebtedness of such Guarantor is paid in full in cash, any
payment or distribution to which Holders would be entitled but for the subordination
provisions of this Indenture shall be made to holders of such Senior Indebtedness as their
interests may appear, except that Holders may receive Permitted Junior Securities.

Section 12.03 Default on Senior Indebtedness of a Guarantor.

          A Guarantor shall not make any payment pursuant to its Guarantee (or pay any other Obligations
relating to its Guarantee, including Additional Interest, fees, costs, expenses, indemnities and
rescission or damage claims) and may not purchase, redeem or otherwise retire any Notes
(collectively, “pay its Guarantee”) (except in the form of Permitted Junior Securities of
the type referred to in clause (2) of the definition thereof) if either of the following occurs (a
“Guarantor Payment Default”):

     (i) any Obligation on any Designated Senior Indebtedness of such Guarantor is not paid
in full in cash when due; or

     (ii) any other default on Designated Senior Indebtedness of such Guarantor occurs and
the maturity of such Designated Senior Indebtedness is accelerated in accordance with its
terms;

unless, in either case, the Guarantor Payment Default has been cured or waived and any such
acceleration has been rescinded or such Designated Senior Indebtedness has been paid in full in
cash; provided, however, that such Guarantor shall be entitled to pay its Guarantee
without regard to the foregoing if such Guarantor and the Trustee receive written notice approving
such payment from the Representatives of all
Designated Senior Indebtedness with respect to which the Guarantor Payment Default has occurred and
is continuing.

          During the continuance of any default (other than a Guarantor Payment Default) (a
“Non-Guarantor Payment Default”) with respect to any Designated Senior Indebtedness of a
Guarantor pursuant to which the maturity thereof may be accelerated without further notice (except
such notice as may be required to effect such acceleration) or the expiration of any applicable
grace periods, such Guarantor shall not pay its Guarantee (except in the form of Permitted Junior
Securities of the type referred to in clause (2) of the definition thereof) for a period (a
“Guarantee Payment Blockage Period”) commencing upon the receipt by the Trustee (with a
copy to such Guarantor and the Issuer) of written notice (a “Guarantee Blockage Notice”) of
such Non-Guarantor Payment Default from the Representative of such Designated Senior Indebtedness
specifying an election to effect a Guarantee Payment Blockage Period and ending 179 days
thereafter. So long as there shall remain outstanding any Senior Indebtedness under the Senior
Credit Facilities, a Guarantee Blockage Notice may be given only by the Representative thereunder
unless otherwise agreed to in writing by the requisite lenders named therein. The Guarantee
Payment Blockage Period shall end earlier if such Guarantee Payment Blockage Period is terminated
(i) by written

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notice to the Trustee, the relevant Guarantor and the Issuer from the Person or
Persons who gave such Guarantee Blockage Notice; (ii) because the default giving rise to such
Guarantee Blockage Notice is cured, waived or otherwise no longer continuing; or (iii) because such
Designated Senior Indebtedness has been discharged or repaid in full in cash.

          Notwithstanding the provisions described in the immediately preceding two sentences (but
subject to the provisions contained in the first sentence of this Section 12.03 and Section 12.02
hereof), unless the holders of such Designated Senior Indebtedness or the Representative of such
Designated Senior Indebtedness shall have accelerated the maturity of such Designated Senior
Indebtedness or a Guarantor Payment Default has occurred and is continuing, the relevant Guarantor
shall be entitled to resume paying its Guarantee after the end of such Guarantee Payment Blockage
Period. Each Guarantee shall not be subject to more than one Guarantee Payment Blockage Period in
any consecutive 360-day period irrespective of the number of Non-Payment Defaults with respect to
Designated Senior Indebtedness of the relevant Guarantor during such period; provided that
if any Guarantee Blockage Notice is delivered to the Trustee by or on behalf of the holders of
Designated Senior Indebtedness of such Guarantor (other than the holders of Indebtedness under the
Senior Credit Facilities), a Representative of holders of Indebtedness under the Senior Credit
Facilities may give another Guarantee Blockage Notice within such period. However, in no event
shall the total number of days during which any Guarantee Payment Blockage Period or Periods on a
Guarantee is in effect exceed 179 days in the aggregate during any consecutive 360-day period, and
there must be at least 181 days during any consecutive 360-day period during which no Guarantee
Payment Blockage Period is in effect. Notwithstanding the foregoing, however, no Non-Payment
Default that existed or was continuing on the date of commencement of any Payment Blockage Period
with respect to any Designated Senior Indebtedness and that was the basis for the initiation of
such Payment Blockage Period shall be, or be made, the basis for a subsequent Payment Blockage
Period by the Representative of such Designated Senior Indebtedness unless such default has been
cured or waived for a period of not less than 90 consecutive days (it being acknowledged that any
subsequent action, or any breach of any financial covenants during the period after the date of
delivery of such initial Guarantee Blockage Notice, that, in either case, would give rise to a
Non-Guarantor Payment Default pursuant to any provisions under which a Non-Guarantor Payment
Default previously existed or was continuing shall constitute a new Non-Guarantor Payment Default
for this purpose).

Section 12.04 Demand for Payment.

          If payment of the Notes is accelerated because of an Event of Default and a demand for payment
is made on a Guarantor pursuant to Article 11 hereof, the Issuer or such Guarantor shall promptly
notify the holders of the Designated Senior Indebtedness of such Guarantor or the Representative of
such Designated Senior Indebtedness of such demand; provided that any failure to give such
notice shall have no effect whatsoever on the provisions of this Article 12. If any Designated
Senior Indebtedness of a Guarantor is outstanding, such Guarantor may not pay its Guarantee until
five Business Days after the Representatives of all the issuers of such Designated Senior
Indebtedness receive notice of such acceleration and, thereafter, may pay its Guarantee only if
this Indenture otherwise permits payment at that time.

Section 12.05 When Distribution Must Be Paid Over.

          If a distribution is made to Holders that, due to the subordination provisions, should not
have been made to them, such Holders are required to hold it in trust for the holders of Senior
Indebtedness of the relevant Guarantor and pay it over to them as their interests may appear.

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Section 12.06 Subrogation.

          After all Senior Indebtedness of a Guarantor is paid in full in cash and until the Notes are
paid in full, Holders shall be subrogated to the rights of holders of such Senior Indebtedness to
receive distributions applicable to such Senior Indebtedness. A distribution made under this
Article 12 to holders of such Senior Indebtedness which otherwise would have been made to Holders
is not, as between the relevant Guarantor and Holders, a payment by such Guarantor on such Senior
Indebtedness.

Section 12.07 Relative Rights.

          This Article 12 defines the relative rights of Holders and holders of Senior Indebtedness of a
Guarantor. Nothing in this Indenture shall:

     (i) impair, as between such Guarantor and Holders, the obligation of such Guarantor,
which is absolute and unconditional, to make payments under its Guarantee in accordance with
its terms;

     (ii) prevent the Trustee or any Holder from exercising its available remedies upon a
default by such Guarantor under its obligations with respect to its Guarantee, subject to
the rights of holders of Senior Indebtedness of such Guarantor to receive payments or
distributions otherwise payable to Holders and such other rights of such holders of Senior
Indebtedness as set forth herein; or

     (iii) affect the relative rights of Holders and creditors of such Guarantor other than
their rights in relation to holders of Senior Indebtedness.

Section 12.08 Subordination May Not Be Impaired by a Guarantor.

          No right of any holder of Senior Indebtedness of a Guarantor to enforce the subordination of
the obligations of such Guarantor under its Guarantee shall be impaired by any act or failure to
act by such Guarantor or by its failure to comply with this Indenture.

          Without in any way limiting the generality of the foregoing paragraph, the holders of the
Senior Indebtedness may, at any time and from time to time, without incurring responsibility to the
Trustee or the Holders and without impairing or releasing the subordination provisions of this
Article 10 or the obligations hereunder of the Holders to the holders of the Senior Indebtedness,
do any one or more of the following: (i) change the manner, place or terms of payment or extend
the time of payment of, or renew or alter the Senior Indebtedness of any Guarantor, or otherwise
amend or supplement in any manner the Senior Indebtedness of any Guarantor, or any instrument
evidencing same or any agreement under which such Senior Indebtedness is outstanding; (ii) sell,
exchange, release, or otherwise deal with any property pledged, mortgaged or otherwise securing
Senior Indebtedness of any Guarantor; (iii) release any Person liable in any manner for the payment
or collection of Senior Indebtedness of any Guarantor; and (iv) exercise or refrain from exercising
any rights against the Guarantors and any other Person.

Section 12.09 Rights of Trustee and Paying Agent.

          Notwithstanding Section 12.03 hereof, the Trustee or any Paying Agent may continue to make
payments on the Notes and shall not be charged with knowledge of the existence of facts that would
prohibit the making of any payments unless a Responsible Officer of the Trustee receives notice
satisfactory to him that payments may not be made under this Article 12. A Guarantor, the
Registrar, the Paying Agent, a Representative or a holder of Senior Indebtedness of such Guarantor
shall be entitled to give the

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notice; provided, however, that, if an issue of
Senior Indebtedness of such Guarantor has a Representative, only the Representative shall be
entitled to give the notice.

          The Trustee in its individual or any other capacity shall be entitled to hold Senior
Indebtedness of a Guarantor with the same rights it would have if it were not Trustee. The
Registrar and the Paying Agent shall be entitled to do the same with like rights. The Trustee
shall be entitled to all the rights set forth in this Article 12 with respect to any Senior
Indebtedness of a Guarantor which may at any time be held by it, to the same extent as any other
holder of such Senior Indebtedness; and nothing in Article 7 shall deprive the Trustee of any of
its rights as such holder. Nothing in this Article 12 shall apply to claims of, or payments to,
the Trustee under or pursuant to Section 7.07 hereof or any other Section of this Indenture.

Section 12.10 Distribution or Notice to Representative.

          Whenever a distribution is to be made or a notice given to holders of Senior Indebtedness of a
Guarantor, the distribution may be made and the notice given to their Representative (if any).

		
	Section 12.11	 Article 12 Not To Prevent Events of Default or Limit Right To
Demand Payment.

          The failure of a Guarantor to make a payment pursuant its Guarantee by reason of any provision
in this Article 12 shall not be construed as preventing the occurrence of a default by such Guarantor under its Guarantee. Nothing in this Article 12 shall have any effect on the right of
the Holders or the Trustee to make a demand for payment on a Guarantor pursuant to Article 11
hereof.

Section 12.12 Trust Moneys Not Subordinated.

          Notwithstanding anything contained herein to the contrary, payments from money or the proceeds
of Government Securities held in trust by the Trustee for the payment of principal of and interest
on the Notes pursuant to and in accordance with Article 8 or Article 13 hereof shall not be
subordinated to the prior payment of any Senior Indebtedness of any Guarantor or subject to the
restrictions set forth in this Article 12, and none of the Holders shall be obligated to pay over
any such amount to such Guarantor or any holder of Senior Indebtedness of such Guarantor or any
other creditor of such Guarantor, provided that the subordination provisions of this
Article 12 were not violated at the time the applicable amounts were deposited in trust pursuant to
Article 8 or Article 13 hereof, as the case may be

Section 12.13 Trustee Entitled To Rely.

          Upon any payment or distribution pursuant to this Article 12, the Trustee and the Holders
shall be entitled to rely (a) upon any order or decree of a court of competent jurisdiction in
which any proceedings of the nature referred to in Section 12.02 hereof are pending, (b) upon a
certificate of the liquidating trustee or agent or other Person making such payment or distribution
to the Trustee or to the Holders or (c) upon the Representatives of Senior Indebtedness of a
Guarantor for the purpose of ascertaining the Persons entitled to participate in such payment or
distribution, the holders of such Senior Indebtedness and other Indebtedness of such Guarantor, the
amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other
facts pertinent thereto or to this Article 12; provided that notwithstanding the foregoing,
the subordination provisions contained herein shall not be affected and the Holders receiving any
payments in contravention of Sections 12.02 and/or 12.03 (and such respective payments) shall
otherwise be subject to the provisions of this Article 12. The Issuer shall promptly give written
notice to the Trustee of any such dissolution, winding-up, liquidation, or reorganization of any
Guarantor, provided that any delay or failure to give such notice shall have no effect on the

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subordination provisions contained herein. In the event that the Trustee determines, in good
faith, that evidence is required with respect to the right of any Person as a holder of Senior
Indebtedness of a Guarantor to participate in any payment or distribution pursuant to this Article
12, the Trustee shall be entitled to request such Person to furnish evidence to the reasonable
satisfaction of the Trustee as to the amount of such Senior Indebtedness held by such Person, the
extent to which such Person is entitled to participate in such payment or distribution and other
facts pertinent to the rights of such Person under this Article 12, and, if such evidence is not
furnished, the Trustee shall be entitled to defer any payment to such Person pending judicial
determination as to the right of such Person to receive such payment. The provisions of Sections
7.01 and 7.02 hereof shall be applicable to all actions or omissions of actions by the Trustee
pursuant to this Article 12.

Section 12.14 Trustee To Effectuate Subordination.

          A Holder by its acceptance of a Note agrees to be bound by this Article 12 and authorizes and
expressly directs the Trustee, on his behalf, to take such action as may be necessary or
appropriate to effectuate the subordination between the Holders and the holders of Senior Indebtedness of a
Guarantor as provided in this Article 12 and appoints the Trustee as attorney-in-fact for any and
all such purposes.

		
	Section 12.15	 Trustee Not Fiduciary for Holders of Senior Indebtedness of Guarantors.

          The Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior
Indebtedness of a Guarantor and shall not be liable to any such holders if it shall mistakenly pay
over or distribute to Holders or such Guarantor or any other Person, money or assets to which any
holders of Senior Indebtedness of such Guarantor shall be entitled by virtue of this Article 12 or
otherwise.

		
	Section 12.16	 Reliance by Holders of Senior Indebtedness of a Guarantor on
Subordination Provisions.

          Each Holder by accepting a Note acknowledges and agrees that the foregoing subordination
provisions are, and are intended to be, an inducement and a consideration to each holder of any
Senior Indebtedness of a Guarantor, whether such Senior Indebtedness was created or acquired before
or after the issuance of the Notes, to acquire and continue to hold, or to continue to hold, such
Senior Indebtedness and such holder of such Senior Indebtedness shall be deemed conclusively to
have relied on such subordination provisions in acquiring and continuing to hold, or in continuing
to hold, such Senior Indebtedness.

          Without in any way limiting the generality of the foregoing paragraph, the holders of Senior
Indebtedness of a Guarantor may, at any time and from time to time, without the consent of or
notice to the Trustee or the Holders, without incurring responsibility to the Trustee or the
Holders and without impairing or releasing the subordination provided in this Article 12 or the
obligations hereunder of the Holders to the holders of the Senior Indebtedness of such Guarantor,
do any one or more of the following: (i) change the manner, place or terms of payment or extend
the time of payment of, or renew or alter, Senior Indebtedness of such Guarantor, or otherwise
amend or supplement in any manner Senior Indebtedness of such Guarantor, or any instrument
evidencing the same or any agreement under which Senior Indebtedness of such Guarantor is
outstanding; (ii) sell, exchange, release or otherwise deal with any property pledged, mortgaged or
otherwise securing Senior Indebtedness of such Guarantor; (iii) release any Person liable in any
manner for the payment or collection of Senior Indebtedness of such Guarantor; and (iv) exercise or
refrain from exercising any rights against such Guarantor and any other Person.

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ARTICLE 13

SATISFACTION AND DISCHARGE

Section 13.01 Satisfaction and Discharge.

          This Indenture shall be discharged and shall cease to be of further effect as to all Notes,
when either:

     (1) all Notes theretofore authenticated and delivered, except lost, stolen or destroyed
Notes which have been replaced or paid and Notes for whose payment money has theretofore
been deposited in trust, have been delivered to the Trustee for cancellation; or

     (2) (A) all Notes not theretofore delivered to the Trustee for cancellation have
become due and payable by reason of the making of a notice of redemption or otherwise, shall
become due and payable within one year or are to be called for redemption and redeemed
within one year under arrangements satisfactory to the Trustee for the giving of notice of
redemption by the Trustee in the name, and at the expense, of the Issuer and the Issuer or
any Guarantor have irrevocably deposited or caused to be deposited with the Trustee as trust
funds in trust solely for the benefit of the Holders of the Notes, cash in U.S. dollars,
Government Securities, or a combination thereof, in such amounts as will be sufficient
without consideration of any reinvestment of interest to pay and discharge the entire
indebtedness on the Notes not theretofore delivered to the Trustee for cancellation for
principal, premium, if any, and accrued interest to the date of maturity or redemption;

     (B) no Default (other than that resulting from borrowing funds to be applied to make
such deposit) with respect to this Indenture or the Notes shall have occurred and be
continuing on the date of such deposit or shall occur as a result of such deposit and such
deposit will not result in a breach or violation of, or constitute a default under the
Senior Credit Facilities or any other material agreement or instrument (other than this
Indenture) to which the Issuer or any Guarantor is a party or by which the Issuer or any
Guarantor is bound;

     (C) the Issuer has paid or caused to be paid all sums payable by it under this
Indenture; and

     (D) the Issuer has delivered irrevocable instructions to the Trustee to apply the
deposited money toward the payment of the Notes at maturity or the redemption date, as the
case may be.

          In addition, the Issuer must deliver an Officer’s Certificate and an Opinion of Counsel to the
Trustee stating that all conditions precedent to satisfaction and discharge have been satisfied.

          Notwithstanding the satisfaction and discharge of this Indenture, if money shall have been
deposited with the Trustee pursuant to subclause (A) of clause (2) of this Section 13.01, the
provisions of Section 13.02 and Section 8.06 hereof shall survive.

Section 13.02 Application of Trust Money.

          Subject to the provisions of Section 8.06 hereof, all money deposited with the Trustee
pursuant to Section 13.01 hereof shall be held in trust and applied by it, in accordance with the
provisions of the Notes and this Indenture, to the payment, either directly or through any Paying
Agent (including

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the Issuer acting as its own Paying Agent) as the Trustee may determine, to the
Persons entitled thereto, of the principal (and premium and Additional Interest, if any) and
interest for whose payment such money has been deposited with the Trustee; but such money need not
be segregated from other funds except to the extent required by law.

          If the Trustee or Paying Agent is unable to apply any money or Government Securities in
accordance with Section 13.01 hereof by reason of any legal proceeding or by reason of any order or
judgment of any court or governmental authority enjoining, restraining or otherwise
prohibiting such application, the Issuer’s and any Guarantor’s obligations under this Indenture and
the Notes shall be revived and reinstated as though no deposit had occurred pursuant to Section
13.01 hereof; provided that if the Issuer has made any payment of principal of, premium and
Additional Interest, if any, or interest on any Notes because of the reinstatement of its
obligations, the Issuer shall be subrogated to the rights of the Holders of such Notes to receive
such payment from the money or Government Securities held by the Trustee or Paying Agent.

ARTICLE 14

MISCELLANEOUS

Section 14.01 Trust Indenture Act Controls.

          If any provision of this Indenture limits, qualifies or conflicts with the duties imposed by
Trust Indenture Act Section 318(c), the imposed duties shall control.

Section 14.02 Notices.

          Any notice or communication by the Issuer, any Guarantor or the Trustee to the others is duly
given if in writing and delivered in person or mailed by first-class mail (registered or certified,
return receipt requested), fax or overnight air courier guaranteeing next day delivery, to the
others’ address:

If to the Issuer and/or any Guarantor:

Activant Solutions Holdings Inc.

7683 Southfront Road

Livermore, California

Fax No.: (512) 330-9273

Attention: Chief Financial Officer

with a copy to:

Hellman & Friedman LLC

One Maritime Plaza, 12th Floor

San Francisco, California 94111

Fax No.: (415) 788-0176

Attention: General Counsel

If to the Trustee:

Wells Fargo Bank, National Association

MAC N9303-120

Sixth and Marquette Avenue

-110-

 

Minneapolis, Minnesota 55479

Fax No.: 612-667-9285

Attention: Activant Account Manager

          The Issuer, any Guarantor or the Trustee, by notice to the others, may designate additional or
different addresses for subsequent notices or communications.

          All notices and communications (other than those sent to Holders) shall be deemed to have been
duly given: at the time delivered by hand, if personally delivered; five calendar days after being
deposited in the mail, postage prepaid, if mailed by first-class mail; when receipt acknowledged,
if faxed; and the next Business Day after timely delivery to the courier, if sent by overnight air
courier guaranteeing next day delivery; provided that any notice or communication delivered
to the Trustee shall be deemed effective upon actual receipt thereof.

          Any notice or communication to a Holder shall be mailed by first-class mail, certified or
registered, return receipt requested, or by overnight air courier guaranteeing next day delivery to
its address shown on the register kept by the Registrar. Any notice or communication shall also be
so mailed to any Person described in Trust Indenture Act Section 313(c), to the extent required by
the Trust Indenture Act. Failure to mail a notice or communication to a Holder or any defect in it
shall not affect its sufficiency with respect to other Holders.

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

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

Section 14.03 Communication by Holders of Notes with Other Holders of Notes.

          Holders may communicate pursuant to Trust Indenture Act Section 312(b) with other Holders with
respect to their rights under this Indenture or the Notes. The Issuer, the Trustee, the Registrar
and anyone else shall have the protection of Trust Indenture Act Section 312(c).

Section 14.04 Certificate and Opinion as to Conditions Precedent.

          (a) Upon any request or application by the Issuer or any of the Guarantors to the Trustee to
take any action under this Indenture, the Issuer or such Guarantor, as the case may be, shall
furnish to the Trustee.

          (b) An Officer’s Certificate in form and substance reasonably satisfactory to the Trustee
(which shall include the statements set forth in Section 14.05 hereof) stating that, in the opinion
of the signers, all conditions precedent and covenants, if any, provided for in this Indenture
relating to the proposed action have been satisfied.

          (c) An Opinion of Counsel in form and substance reasonably satisfactory to the Trustee (which
shall include the statements set forth in Section 14.05 hereof) stating that, in the opinion of
such counsel, all such conditions precedent and covenants have been satisfied.

-111-

 

Section 14.05 Statements Required in Certificate or Opinion.

          Each certificate or opinion with respect to compliance with a condition or covenant provided
for in this Indenture (other than a certificate provided pursuant to Section 4.04 hereof or Trust
Indenture Act Section 314(a)(4)) shall comply with the provisions of Trust Indenture Act Section
314(e) and shall include:

     (a) a statement that the Person making such certificate or opinion has read such
covenant or condition;

     (b) a brief statement as to the nature and scope of the examination or investigation
upon which the statements or opinions contained in such certificate or opinion are based;

     (c) a statement that, in the opinion of such Person, he or she has made such
examination or investigation as is necessary to enable him to express an informed opinion as
to whether or not such covenant or condition has been complied with (and, in the case of an
Opinion of Counsel, may be limited to reliance on an Officer’s Certificate as to matters of
fact); and

     (d) a statement as to whether or not, in the opinion of such Person, such condition or
covenant has been complied with.

Section 14.06 Rules by Trustee and Agents.

          The Trustee may make reasonable rules for action by or at a meeting of Holders. The Registrar
or Paying Agent may make reasonable rules and set reasonable requirements for its functions.

		
	Section 14.07	 No Personal Liability of Directors, Officers, Employees and
Stockholders.

          No director, officer, employee, incorporator or stockholder of the Issuer or any Guarantor or
any of their parent companies shall have any liability for any obligations of the Issuer or the
Guarantors under the Notes, the Guarantees or this Indenture or for any claim based on, in respect
of, or by reason of such obligations or their creation. Each Holder by accepting Notes waives and
releases all such liability. The waiver and release are part of the consideration for issuance of
the Notes.

Section 14.08 Governing Law.

          THIS INDENTURE, THE NOTES AND ANY GUARANTEE WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK.

Section 14.09 Waiver of Jury Trial.

          EACH OF THE ISSUER, THE GUARANTORS AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING
ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTIONS CONTEMPLATED HEREBY.

Section 14.10 Force Majeure.

          In no event shall the Trustee be responsible or liable for any failure or delay in the
performance of its obligations under this Indenture arising out of or caused by, directly or
indirectly, forces

-112-

 

beyond its reasonable control, including without limitation strikes, work
stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural
catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications
or computer (software or hardware) services.

Section 14.11 No Adverse Interpretation of Other Agreements.

          This Indenture may not be used to interpret any other indenture, loan or debt agreement of the
Issuer or its Restricted Subsidiaries or of any other Person. Any such indenture, loan or debt
agreement may not be used to interpret this Indenture.

Section 14.12 Successors.

          All agreements of the Issuer in this Indenture and the Notes shall bind its successors. All
agreements of the Trustee in this Indenture shall bind its successors. All agreements of each
Guarantor in this Indenture shall bind its successors, except as otherwise provided in Section
11.05 hereof.

Section 14.13 Severability.

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

Section 14.14 Counterpart Originals.

          The parties may sign any number of copies of this Indenture. Each signed copy shall be an
original, but all of them together represent the same agreement.

Section 14.15 Table of Contents, Headings, etc.

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

Section 14.16 Qualification of Indenture.

          The Issuer and the Guarantors shall qualify this Indenture under the Trust Indenture Act in
accordance with the terms and conditions of the Registration Rights Agreement and shall pay all
reasonable costs and expenses (including attorneys’ fees and expenses for the Issuer, the
Guarantors and the Trustee) incurred in connection therewith, including, but not limited to, costs
and expenses of qualification of this Indenture and the Notes and printing this Indenture and the
Notes. The Trustee shall be entitled to receive from the Issuer and the Guarantors any such
Officer’s Certificates, Opinions of Counsel or other documentation as it may reasonably request in
connection with any such qualification of this Indenture under the Trust Indenture Act.

[Signatures on following page]

-113-

 

	 	 	 	 	 
	 	LONE STAR MERGER CORP.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	ACTIVANT SOLUTIONS INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	ACTIVANT SOLUTIONS HOLDINGS INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Signature Page to Indenture

 

 

	 	 	 	 	 
	 	CCI/ARD, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	CCI/TRIAD GEM, INC.

DISTRIBUTOR INFORMATION SYSTEMS CORP.

ENTERPRISE COMPUTER SYSTEMS, INC.

HM COOP LLC

PRELUDE SYSTEMS, INC.

PROPHET 21 CANADA, INC.

PROPHET 21 NEW JERSEY, INC.

PROPHET 21 INVESTMENT CORPORATION

PROPHET 21, INC.

SDI MERGER CORP.

SPEEDWARE HOLDINGS, INC.

SPEEDWARE USA, INC.

STANPAK SYSTEMS, INC.

TRADE SERVICE SYSTEMS, INC.

TRIAD DATA CORPORATION

TRIAD SYSTEMS CORP.

TRIAD SYSTEMS FINANCIAL CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Signature Page to Indenture

 

 

	 	 	 	 	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Trustee

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Signature Page to Indenture

 

 

EXHIBIT A

[Face of Note]

          [Insert the Global Note Legend, if applicable pursuant to the provisions of the Indenture]

          [Insert the Private Placement Legend, if applicable pursuant to the provisions of the
Indenture]

A-1

 

CUSIP [                         ]

ISIN [                         ]1

[[RULE 144A][REGULATION S] GLOBAL NOTE

representing up to

$                                        ]

9 1/2% Senior Subordinated Notes due 2016

			
	No. ___
	 	[$                                        ]

LONE STAR MERGER CORP.

promises to pay to CEDE & CO. or registered assigns, the principal sum [set forth on the Schedule
of Exchanges of Interests in the Global Note attached hereto] [of                                                              United
States Dollars] on May 1, 2016.

Interest Payment Dates: May 1 and November 1

Record Dates: April 15 and October 15

 

			
	1	 	Rule 144A Note CUSIP: 00506T AH 8

Rule 144A Note ISIN: US00506TAH86

Regulation S Note CUSIP: U00563 AC 7

Regulation S Note ISIN: USU00563AC73

Exchange Note CUSIP: 

Exchange Note ISIN:

A-2

 

          IN WITNESS HEREOF, the Issuer has caused this instrument to be duly executed.

Dated: May 2, 2006

	 	 	 	 	 
	 	LONE STAR MERGER CORP.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

A-3

 

	 	 	 	 	 

This is one of the Notes referred to in the within-mentioned Indenture:

	 	 	 	 	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION,
as Trustee

 	 
	 	By:  	 	 
	 	 	Authorized Signatory 	 
	 	 	 	 

A-4

 

	 	 	 	 	 

[Back of Note]

9 1/2% Senior Subordinated Notes due 2016

          Capitalized terms used herein shall have the meanings assigned to them in the Indenture
referred to below unless otherwise indicated.

          1. INTEREST. Lone Star Merger Corp., a Delaware corporation, promises to pay interest on the
principal amount of this Note at 9 1/2% per annum from May 2, 20062 until maturity and
shall pay the Additional Interest, if any, payable pursuant to the Registration Rights Agreement
referred to below. Upon consummation of the Transaction, Activant Solutions Inc. will assume the
obligations of Lone Star Merger Corp. under this Note. The Issuer will pay interest and Additional
Interest, if any, semi-annually in arrears on May 1 and November 1 of each year, or if any such day
is not a Business Day, on the next succeeding Business Day (each, an “Interest Payment
Date”). Interest on the Notes will accrue from the most recent date to which interest has been
paid or, if no interest has been paid, from the date of issuance; provided that the first
Interest Payment Date shall be November 1, 20062. The Issuer will pay interest
(including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal
and premium, if any, from time to time on demand at the interest rate on the Notes; it shall pay
interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue
installments of interest and Additional Interest, if any, (without regard to any applicable grace
periods) from time to time on demand at the interest rate on the Notes. Interest will be computed
on the basis of a 360-day year comprised of twelve 30-day months.

          2. METHOD OF PAYMENT. The Issuer will pay interest on the Notes and Additional Interest, if
any, to the Persons who are registered Holders of Notes at the close of business on the April 15 or
October 15 (whether or not a Business Day), as the case may be, next preceding the Interest Payment
Date, even if such Notes are canceled after such record date and on or before such Interest Payment
Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest.
Payment of interest and Additional Interest, if any, may be made by check mailed to the Holders at
their addresses set forth in the register of Holders, provided that payment by wire
transfer of immediately available funds will be required with respect to principal of and interest,
premium and Additional Interest, if any, on, all Global Notes and all other Notes the Holders of
which shall have provided wire transfer instructions to the Issuer or the Paying Agent. Such
payment shall be in such coin or currency of the United States of America as at the time of payment
is legal tender for payment of public and private debts.

          3. PAYING AGENT AND REGISTRAR. Initially, Wells Fargo Bank, National Association, the Trustee
under the Indenture, will act as Paying Agent and Registrar. The Issuer may change any Paying
Agent or Registrar without notice to the Holders. The Issuer or any of its Subsidiaries may act in
any such capacity.

          4. INDENTURE. The Issuer issued the Notes under an Indenture, dated as of May 2, 2006 (the
“Indenture”), among Lone Star Merger Corp., Activant Solutions Inc., Activant Solutions
Holdings Inc., the Guarantors named therein and the Trustee. This Note is one of a duly authorized
issue of notes of the Issuer designated as its 9 1/2% Senior Subordinated Notes due 2016. The Issuer
shall be

 

			
	2	 	With respect to the Initial Notes.

A-5

 

entitled to issue Additional Notes pursuant to Section 2.01 and 4.09 of the Indenture.
The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference
to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). The Notes are
subject to all such terms, and Holders are referred to the Indenture and such Act for a statement
of such terms. To the extent any provision of this Note conflicts with the express provisions of
the Indenture, the provisions of the Indenture shall govern and be controlling.

          5. OPTIONAL REDEMPTION.

          (a) Except as described below under clauses 5(b) and 5(c) hereof, the Notes will not be
redeemable at the Issuer’s option before May 1, 2011.

          (b) At any time prior to May 1, 2011, the Issuer may redeem all or a part of the Notes, upon
not less than 30 nor more than 60 days’ prior notice mailed by first-class mail to the registered
address of each Holder of Notes, at a redemption price equal to 100% of the principal amount of the
Notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest and Additional
Interest, if any, to the date of redemption (the “Redemption Date”), subject to the rights
of Holders of Notes on the relevant Record Date to receive interest due on the relevant Interest
Payment Date.

          (c) Until May 1, 2009, the Issuer may, at its option, redeem up to 35% of the aggregate
principal amount of Notes issued by it at a redemption price equal to 109.500% of the aggregate
principal amount thereof, plus accrued and unpaid interest thereon and Additional Interest, if any,
to the applicable Redemption Date, subject to the right of Holders of Notes of record on the
relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net
cash proceeds of one or more Equity Offerings; provided that at least 65% of the sum of the
aggregate principal amount of Notes originally issued under the Indenture and any Additional Notes
that are Notes issued under the Indenture after the Issue Date remains outstanding immediately
after the occurrence of each such redemption; provided, further, that each such
redemption occurs within 90 days of the date of closing of each such Equity Offering. Notice of
any redemption upon any Equity Offering may be given prior to the redemption thereof, and any such
redemption or notice may, at the Issuer’s discretion, be subject to one or more conditions
precedent, including, but not limited to, completion of the related Equity Offering.

          (d) On and after May 1, 2011, the Issuer may redeem the Notes, in whole or in part, upon not
less than 30 nor more than 60 days’ prior notice by first-class mail, postage prepaid, with a copy
to the Trustee, to each Holder of Notes at the address of such Holder appearing in the security
register, at the redemption prices (expressed as percentages of principal amount of the Notes to
be redeemed) set forth below, plus accrued and unpaid interest thereon and Additional Interest, if
any, to the applicable Redemption Date, subject to the right of Holders of Notes of record on the
relevant Record Date to receive interest due on the relevant Interest Payment Date, if redeemed
during the twelve-month period beginning on May 1 of each of the years indicated below:

	 	 	 	 	 
	Year	 	Percentage
	 
	2011
	 	 	104.750	%
	2012
	 	 	103.167	%
	2013
	 	 	101.583	%
	2014 and thereafter
	 	 	100.000	%

          (e) Any redemption pursuant to this paragraph 5 shall be made pursuant to the provisions of
Sections 3.01 through 3.06 of the Indenture.

A-6

 

          6. MANDATORY REDEMPTION. The Issuer shall not be required to make mandatory redemption or
sinking fund payments with respect to the Notes.

          7. NOTICE OF REDEMPTION. Subject to Section 3.03 of the Indenture, notice of redemption will
be mailed by first-class mail at least 30 days but not more than 60 days before the redemption date
(except that redemption notices may be mailed more than 60 days prior to a redemption date if the
notice is issued in connection with Article 8 or Article 13 of the Indenture) to each Holder whose
Notes are to be redeemed at its registered address. Notes in denominations larger than $2,000 may
be redeemed in part but only in whole multiples of $2,000, unless all of the Notes held by a Holder
are to be redeemed. On and after the redemption date interest ceases to accrue on Notes or
portions thereof called for redemption.

          8. OFFERS TO REPURCHASE.

          (a) Upon the occurrence of a Change of Control, the Issuer shall make an offer (a “Change
of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral
multiple thereof) of each Holder’s Notes at a purchase price equal to 101% of the aggregate
principal amount thereof plus accrued and unpaid interest and Additional Interest thereon, if any,
to the date of purchase (the “Change of Control Payment”). The Change of Control Offer
shall be made in accordance with Section 4.14 of the Indenture.

          (b) If the Issuer or any of its Restricted Subsidiaries consummates an Asset Sale, within 10
Business Days of each date that Excess Proceeds exceed $15.0 million, the Issuer shall commence, an
offer to all Holders of the Notes and, if required by the terms of any Indebtedness that is pari passu
with the Notes (“Pari Passu Indebtedness”), to the holders of such Pari Passu
Indebtedness (an “Asset Sale Offer”), to purchase the maximum principal amount of Notes
(including any Additional Notes) and such other Pari Passu Indebtedness that may be purchased out
of the Excess Proceeds at an offer price in cash in an amount equal to 100% of the principal amount
thereof plus accrued and unpaid interest and Additional Interest thereon, if any, to the date fixed
for the closing of such offer, in accordance with the procedures set forth in the Indenture. To
the extent that the aggregate amount of Notes (including any Additional Notes) and such Pari Passu
Indebtedness tendered pursuant to an Asset Sale Offer is less than the Excess Proceeds, the Issuer
may use any remaining Excess Proceeds for general corporate purposes, subject to other covenants
contained in the Indenture. If the aggregate principal amount of Notes or the Pari Passu
Indebtedness surrendered by such holders thereof exceeds the amount of Excess Proceeds, the Trustee
shall select the Notes and, as directed by the Issuer, such Pari Passu Indebtedness to be purchased
on a pro rata basis based on the accreted value or principal amount of the Notes or such Pari Passu
Indebtedness tendered. Upon completion of any such Asset Sale Offer, the amount of Excess Proceeds
shall be reset at zero. Holders of Notes that are the subject of an offer to purchase will receive
an Asset Sale Offer from the Issuer prior to any related purchase date and may elect to have such
Notes purchased by completing the form entitled “Option of Holder to Elect Purchase” attached to
the Notes.

          9. DENOMINATIONS, TRANSFER, EXCHANGE. The Notes are in registered form without coupons in
denominations of $2,000 and integral multiples of $2,000. The transfer of Notes may be registered
and Notes may be exchanged as provided in the Indenture. The Registrar and the Trustee may require
a Holder, among other things, to furnish appropriate endorsements and transfer documents and the
Issuer may require a Holder to pay any taxes and fees required by law or permitted by the
Indenture. The Issuer need not exchange or register the transfer of any Note or portion of a Note
selected for redemption, except for the unredeemed portion of any Note being redeemed in part.
Also, the Issuer need not exchange or register the transfer of any Notes for a period of 15 days
before a selection of Notes to be redeemed.

A-7

 

          10. SUBORDINATION. The Notes and the Guarantees are subordinated to Senior Indebtedness of
the Issuer and the Guarantors on the terms and subject to the conditions set forth in the
Indenture. To the extent provided in the Indenture, Senior Indebtedness must be paid before the
Notes and Guarantees may be paid. The Issuer agrees, and each Holder by accepting a Note agrees,
to the subordination provisions contained in the Indenture and authorizes the Trustee to give it
effect and appoints the Trustee as attorney-in-fact for such purpose.

          11. PERSONS DEEMED OWNERS. The registered Holder of a Note may be treated as its owner for
all purposes.

          12. AMENDMENT, SUPPLEMENT AND WAIVER. The Indenture, the Guarantees or the Notes may be
amended or supplemented as provided in the Indenture.

          13. DEFAULTS AND REMEDIES. The Events of Default relating to the Notes are defined in Section
6.01 of the Indenture. If any Event of Default (other than those arising from certain events of
bankruptcy or insolvency with respect to the Issuer) occurs and is continuing, the Trustee or the
Holders of at least 25% in principal amount of the then outstanding Notes may declare the
principal, premium, if any, interest and any other monetary obligations on all the then outstanding
Notes to be due and payable immediately; provided, however, that so long as any
Indebtedness permitted to be incurred under the Indenture as part of the Senior Credit Facilities
shall be outstanding, no such acceleration shall be effective until the earlier of: (1)
acceleration of any such Indebtedness under the Senior Credit Facilities; or (2) five Business Days
after the giving of written notice of such acceleration to the Issuer and the Representative under
the Senior Credit Facilities. Notwithstanding the foregoing, in the case of an Event of Default
arising from certain events of bankruptcy or insolvency with respect to the Issuer, all outstanding
Notes will become due and payable immediately without further action or notice. Holders may not
enforce the Indenture, the Notes or the Guarantees except as provided in the Indenture. Subject to
certain limitations, Holders of a majority in aggregate principal amount of the then outstanding
Notes may direct the Trustee in its exercise of any trust or power. The Trustee may withhold from
Holders of the Notes notice of any continuing Default (except a Default relating to the payment of
principal, premium, if any, Additional Interest, if any, or interest) if it determines that
withholding notice is in their interest. The Holders of a majority in aggregate principal amount
of the Notes then outstanding by notice to the Trustee may on behalf of the Holders of all of the
Notes waive any existing Default or and its consequences under the Indenture except a continuing
Default in payment of the principal of, premium, if any, Additional Interest, if any, or interest
on, any of the Notes held by a non-consenting Holder. The Issuer and each Guarantor (to the extent
that such Guarantor is so required under the Trust Indenture Act) is required to deliver to the
Trustee annually a statement regarding compliance with the Indenture, and the Issuer is required
within ten (10) Business Days after becoming aware of any Default, to deliver to the Trustee a
statement specifying such Default and what action the Issuer proposes to take with respect thereto.

          14. AUTHENTICATION. This Note shall not be entitled to any benefit under the Indenture or be
valid or obligatory for any purpose until authenticated by the manual signature of the Trustee.

          15. ADDITIONAL RIGHTS OF HOLDERS OF RESTRICTED GLOBAL NOTES AND RESTRICTED DEFINITIVE NOTES.
In addition to the rights provided to Holders of Notes under the Indenture, Holders of Restricted
Global Notes and Restricted Definitive Notes shall have all the rights set forth in the
Registration Rights Agreement, dated as of May 2, 2006, among Lone Star Merger Corp., Activant
Solutions Inc., Activant Solutions Holdings Inc., the Guarantors named therein and the other
parties named on the signature pages thereof (the “Registration Rights Agreement”),
including the right to receive Additional Interest (as defined in the Registration Rights
Agreement).

A-8

 

          16. GOVERNING LAW. THE LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THE
INDENTURE, THE NOTES AND THE GUARANTEES.

          17. CUSIP NUMBERS. Pursuant to a recommendation promulgated by the Committee on Uniform
Security Identification Procedures, the Issuer has caused CUSIP numbers to be printed on the Notes
and the Trustee may use CUSIP numbers in notices of redemption as a convenience to Holders. No
representation is made as to the accuracy of such numbers either as printed on the Notes or as
contained in any notice of redemption and reliance may be placed only on the other identification
numbers placed thereon.

          The Issuer will furnish to any Holder upon written request and without charge a copy of the
Indenture and/or the Registration Rights Agreement. Requests may be made to the Issuer at the
following address:

          Activant Solutions Inc.

          7683 Southfront Road

          Livermore, California

          Fax No.: (512) 330-9273

          Attention: Chief Financial Officer

A-9

 

ASSIGNMENT FORM

          To assign this Note, fill in the form below:

	 	 	 
	(I) or (we) assign and transfer this Note to:
	 	 

	 
	 	(Insert assignee’ legal name)

 

(Insert assignee’s soc. sec. or tax I.D. no.)

 

 

 

 

(Print or type assignee’s name, address and zip code)

	 	 	 
	and irrevocably appoint
	 	 

	to transfer this Note on the books of the Issuer. The agent may substitute another to act for him.

Date:                                         

	 	 	 	 	 
	 	 	 
	 	 	Your Signature:   	
 	 
	 	 	(Sign exactly as your name appears on the face of
this Note) 	 
	 
	 	 	 
	Signature Guarantee*:   	
 	 	 	 
	 	 	 
	 

 

			
	*	 	Participant in a recognized Signature Guarantee Medallion Program (or other
signature guarantor acceptable to the Trustee).

A-10

 

OPTION OF HOLDER TO ELECT PURCHASE

          If you want to elect to have this Note purchased by the Issuer pursuant to Section 4.10 or
4.14 of the Indenture, check the appropriate box below:

	 	 	 
	o Section 4.10
	 	o Section 4.14

          If you want to elect to have only part of this Note purchased by the Issuer pursuant to
Section 4.10 or Section 4.14 of the Indenture, state the amount you elect to have purchased:

$                                        

Date:                                         

	 	 	 	 	 	 	 
	 	 	 	 
	 	 	Your Signature:  	
 	
 	 
	 	 	(Sign exactly as your name appears on the face of
this Note) 	 	 
	 	 	Tax Identification No.:   	
 	 
	 	 
	 	 	 	 
	Signature Guarantee*:   	
 	 	 	 	 
	 	 	 	 
	 	 

 

			
	*	 	Participant in a recognized Signature Guarantee Medallion Program (or other
signature guarantor acceptable to the Trustee).

A-11

 

SCHEDULE OF EXCHANGES OF INTERESTS IN THE GLOBAL NOTE*

          The initial outstanding principal amount of this Global Note is $                    . The following
exchanges of a part of this Global Note for an interest in another Global Note or for a Definitive
Note, or exchanges of a part of another Global or Definitive Note for an interest in this Global
Note, have been made:

	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	Amount of increase	 	 	Principal Amount of	 	 	Signature of
	 	 	 	 	 	in Principal	 	 	this Global Note	 	 	authorized officer
	 	 	Amount of decrease	 	 	Amount of this	 	 	following such	 	 	of Trustee or
	Date of Exchange	 	in Principal Amount	 	 	Global Note	 	 	decrease or increase	 	 	Note Custodian

 

			
	*	 	This schedule should be included only if the Note is issued in global form.

A-12

 

EXHIBIT B

FORM OF CERTIFICATE OF TRANSFER

[Lone Star Merger Corp./Activant Solutions Inc.]

7683 Southfront Road

Livermore, CA

Fax No.: (512) 330-9273

Attention: Chief Financial Officer

Wells Fargo Bank, National Association

MAC N9303-120

Sixth and Marquette Avenue

Minneapolis, MN 55479

Fax No.: [                    ]

Attention: Corporate Trust Services

          Re: 9 1/2% Senior Subordinated Notes due 2016

          Reference is hereby made to the Indenture, dated as of May 2, 2006 (the “Indenture”),
among Lone Star Merger Corp., Activant Solutions Inc., Activant Solutions Holdings Inc., the
Guarantors named therein and the Trustee. Capitalized terms used but not defined herein shall have
the meanings given to them in the Indenture.

                                                   (the “Transferor”) owns and proposes to transfer the Note[s] or
interest in such Note[s] specified in Annex A hereto, in the principal amount of $                     in
such Note[s] or interests (the “Transfer”), to                                          (the “Transferee”),
as further specified in Annex A hereto. In connection with the Transfer, the Transferor hereby
certifies that:

[CHECK ALL THAT APPLY]

          1. o CHECK IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE 144A GLOBAL
NOTE OR A DEFINITIVE NOTE PURSUANT TO RULE 144A. The Transfer is being effected pursuant to and in
accordance with Rule 144A under the United States Securities Act of 1933, as amended (the
“Securities Act”), and, accordingly, the Transferor hereby further certifies that the
beneficial interest or Definitive Note is being transferred to a Person that the Transferor
reasonably believes is purchasing the beneficial interest or Definitive Note for its own account,
or for one or more accounts with respect to which such Person exercises sole investment discretion,
and such Person and each such account is a “qualified institutional buyer” within the meaning of
Rule 144A in a transaction meeting the requirements of Rule 144A and such Transfer is in compliance
with any applicable blue sky securities laws of any state of the United States.

          2. o CHECK IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE REGULATION S
GLOBAL NOTE OR A DEFINITIVE NOTE PURSUANT TO REGULATION S. The Transfer is being effected pursuant
to and in accordance with Rule 903 or Rule 904 under the Securities Act and, accordingly, the
Transferor hereby further certifies that (i) the Transfer is not being made to a person in the
United States and (x) at the time the buy order was originated, the Transferee was outside the
United States or such Transferor and any Person acting on its behalf reasonably believed and
believes that the Transferee was outside the United States or (y) the transaction was executed in,
on or through the facilities of a designated offshore securities market and neither such Transferor

B-1

 

nor any Person acting on its behalf knows that the transaction was prearranged with a buyer in
the United States, (ii) no directed selling efforts have been made in contravention of the
requirements of Rule 903(b) or Rule 904(b) of Regulation S under the Securities Act (iii) the
transaction is not part of a plan or scheme to evade the registration requirements of the
Securities Act and (iv) if the proposed transfer is being made prior to the expiration of the
Restricted Period, the transfer is not being made to a U.S. Person or for the account or benefit of
a U.S. Person (other than an Initial Purchaser). Upon consummation of the proposed transfer in
accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Note
will be subject to the restrictions on Transfer enumerated in the Indenture and the Securities Act.

          3. o CHECK AND COMPLETE IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE
DEFINITIVE NOTE PURSUANT TO ANY PROVISION OF THE SECURITIES ACT OTHER THAN RULE 144A OR REGULATION
S. The Transfer is being effected in compliance with the transfer restrictions applicable to
beneficial interests in Restricted Global Notes and Restricted Definitive Notes and pursuant to and
in accordance with the Securities Act and any applicable blue sky securities laws of any state of
the United States, and accordingly the Transferor hereby further certifies that (check one):

     (a) o such Transfer is being effected pursuant to and in accordance with Rule 144
under the Securities Act;

or

     (b) o such Transfer is being effected to the Issuer or a subsidiary thereof;

or

     (c) o such Transfer is being effected pursuant to an effective registration
statement under the Securities Act and in compliance with the prospectus delivery
requirements of the Securities Act.

          4. o CHECK IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN AN UNRESTRICTED
GLOBAL NOTE OR OF AN UNRESTRICTED DEFINITIVE NOTE.

          (a) o CHECK IF TRANSFER IS PURSUANT TO RULE 144. (i) The Transfer is being effected
pursuant to and in accordance with Rule 144 under the Securities Act and in compliance with the
transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any
state of the United States and (ii) the restrictions on transfer contained in the Indenture and the
Private Placement Legend are not required in order to maintain compliance with the Securities Act.
Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the
transferred beneficial interest or Definitive Note will no longer be subject to the restrictions on
transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes, on
Restricted Definitive Notes and in the Indenture.

          (b) o CHECK IF TRANSFER IS PURSUANT TO REGULATION S. (i) The Transfer is being effected
pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act and in compliance
with the transfer restrictions contained in the Indenture and any applicable blue sky securities
laws of any state of the United States and (ii) the restrictions on transfer contained in the
Indenture and the Private Placement Legend are not required in order to maintain compliance with
the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the
Indenture, the transferred beneficial interest or Definitive Note will no longer be subject to the
restrictions on

B-2

 

transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes, on
Restricted Definitive Notes and in the Indenture.

          (c) o CHECK IF TRANSFER IS PURSUANT TO OTHER EXEMPTION. (i) The Transfer is being effected
pursuant to and in compliance with an exemption from the registration requirements of the
Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with the transfer
restrictions contained in the Indenture and any applicable blue sky securities laws of any State of
the United States and (ii) the restrictions on transfer contained in the Indenture and the Private
Placement Legend are not required in order to maintain compliance with the Securities Act. Upon
consummation of the proposed Transfer in accordance with the terms of the Indenture, the
transferred beneficial interest or Definitive Note will not be subject to the restrictions on
transfer enumerated in the Private Placement Legend printed on the Restricted Global Notes or
Restricted Definitive Notes and in the Indenture.

B-3

 

          This certificate and the statements contained herein are made for your benefit and the benefit
of the Issuer.

	 	 	 	 	 
	 	[Insert Name of Transferor]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Dated:                                         

B-4

 

ANNEX A TO CERTIFICATE OF TRANSFER

	1.	 	The Transferor owns and proposes to transfer the following:

[CHECK ONE OF (a) OR (b)]

	(a)	 	o a beneficial interest in the:

	 	(i)	 	o 144A Global Note ([                    ]), or
	 
	 	(ii)	 	o Regulation S Global Note ([                    ]), or

	(b)	 	o a Restricted Definitive Note.
	 
	2.	 	After the Transfer the Transferee will hold:

[CHECK ONE]

	(a)	 	o a beneficial interest in the:

	 	(i)	 	o 144A Global Note ([                    ]), or
	 
	 	(ii)	 	o Regulation S Global Note ([                    ]), or
	 
	 	(iii)	 	o Unrestricted Global Note ([                    ]); or

	(b)	 	o a Restricted Definitive Note; or
	 
	(c)	 	o an Unrestricted Definitive Note, in accordance with the terms of the Indenture.

B-5

 

EXHIBIT C

FORM OF CERTIFICATE OF EXCHANGE

[Lone Star Merger Corp./Activant Solutions Inc.]

7683 Southfront Road

Livermore, CA

Fax No.: (512) 330-9273

Attention: Chief Financial Officer

Wells Fargo Bank, National Association

MAC N9303-120

Sixth and Marquette Avenue

Minneapolis, MN 55479

Fax No.: [                    ]

Attention: Corporate Trust Services

          Re: 9 1/2% Senior Subordinated Notes due 2016

          Reference is hereby made to the Indenture, dated as of May 2, 2006 (the “Indenture”),
among Lone Star Merger Corp., Activant Solutions Inc., Activant Solutions Holdings Inc., the
Guarantors named therein and the Trustee. Capitalized terms used but not defined herein shall have
the meanings given to them in the Indenture.

                                                   (the “Owner”) owns and proposes to exchange the Note[s] or interest in
such Note[s] specified herein, in the principal amount of $                     in such Note[s] or interests
(the “Exchange”). In connection with the Exchange, the Owner hereby certifies that:

          1) EXCHANGE OF RESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN A RESTRICTED GLOBAL NOTE
FOR UNRESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN AN UNRESTRICTED GLOBAL NOTE

     a) o CHECK IF EXCHANGE IS FROM BENEFICIAL INTEREST IN A RESTRICTED GLOBAL
NOTE TO BENEFICIAL INTEREST IN AN UNRESTRICTED GLOBAL NOTE. In connection with the
Exchange of the Owner’s beneficial interest in a Restricted Global Note for a
beneficial interest in an Unrestricted Global Note in an equal principal amount, the
Owner hereby certifies (i) the beneficial interest is being acquired for the Owner’s
own account without transfer, (ii) such Exchange has been effected in compliance
with the transfer restrictions applicable to the Global Notes and pursuant to and in
accordance with the United States Securities Act of 1933, as amended (the
“Securities Act”), (iii) the restrictions on transfer contained in the
Indenture and the Private Placement Legend are not required in order to maintain
compliance with the Securities Act and (iv) the beneficial interest in an
Unrestricted Global Note is being acquired in compliance with any applicable blue
sky securities laws of any state of the United States.

     b) o CHECK IF EXCHANGE IS FROM BENEFICIAL INTEREST IN A RESTRICTED GLOBAL
NOTE TO UNRESTRICTED DEFINITIVE NOTE. In connection with the Exchange of the
Owner’s beneficial interest in a Restricted Global Note for an Unrestricted
Definitive Note, the Owner hereby certifies (i) the Definitive Note is

C-1

 

being acquired for the Owner’s own account without transfer, (ii) such Exchange
has been effected in compliance with the transfer restrictions applicable to the
Restricted Global Notes and pursuant to and in accordance with the Securities Act,
(iii) the restrictions on transfer contained in the Indenture and the Private
Placement Legend are not required in order to maintain compliance with the
Securities Act and (iv) the Definitive Note is being acquired in compliance with any
applicable blue sky securities laws of any state of the United States.

     c) o CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE NOTE TO BENEFICIAL
INTEREST IN AN UNRESTRICTED GLOBAL NOTE. In connection with the Owner’s Exchange of
a Restricted Definitive Note for a beneficial interest in an Unrestricted Global
Note, the Owner hereby certifies (i) the beneficial interest is being acquired for
the Owner’s own account without transfer, (ii) such Exchange has been effected in
compliance with the transfer restrictions applicable to Restricted Definitive Notes
and pursuant to and in accordance with the Securities Act, (iii) the restrictions on
transfer contained in the Indenture and the Private Placement Legend are not
required in order to maintain compliance with the Securities Act and (iv) the
beneficial interest is being acquired in compliance with any applicable blue sky
securities laws of any state of the United States.

     d) o CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE NOTE TO UNRESTRICTED
DEFINITIVE NOTE. In connection with the Owner’s Exchange of a Restricted Definitive
Note for an Unrestricted Definitive Note, the Owner hereby certifies (i) the
Unrestricted Definitive Note is being acquired for the Owner’s own account without
transfer, (ii) such Exchange has been effected in compliance with the transfer
restrictions applicable to Restricted Definitive Notes and pursuant to and in
accordance with the Securities Act, (iii) the restrictions on transfer contained in
the Indenture and the Private Placement Legend are not required in order to maintain
compliance with the Securities Act and (iv) the Unrestricted Definitive Note is
being acquired in compliance with any applicable blue sky securities laws of any
state of the United States.

          2) EXCHANGE OF RESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN RESTRICTED GLOBAL NOTES
FOR RESTRICTED DEFINITIVE NOTES OR BENEFICIAL INTERESTS IN RESTRICTED GLOBAL NOTES

     a) o CHECK IF EXCHANGE IS FROM BENEFICIAL INTEREST IN A RESTRICTED GLOBAL
NOTE TO RESTRICTED DEFINITIVE NOTE. In connection with the Exchange of the Owner’s
beneficial interest in a Restricted Global Note for a Restricted Definitive Note
with an equal principal amount, the Owner hereby certifies that the Restricted
Definitive Note is being acquired for the Owner’s own account without transfer.
Upon consummation of the proposed Exchange in accordance with the terms of the
Indenture, the Restricted Definitive Note issued will continue to be subject to the
restrictions on transfer enumerated in the Private Placement Legend printed on the
Restricted Definitive Note and in the Indenture and the Securities Act.

     b) o CHECK IF EXCHANGE IS FROM RESTRICTED DEFINITIVE NOTE TO BENEFICIAL
INTEREST IN A RESTRICTED GLOBAL NOTE. In connection with the Exchange of the
Owner’s Restricted Definitive Note for a beneficial interest in the [CHECK ONE] o
144A Global Note o Regulation S Global Note, with an equal principal amount,
the Owner hereby certifies (i) the beneficial interest is being

C-2

 

acquired for the Owner’s own account without transfer and (ii) such Exchange
has been effected in compliance with the transfer restrictions applicable to the
Restricted Global Notes and pursuant to and in accordance with the Securities Act,
and in compliance with any applicable blue sky securities laws of any state of the
United States. Upon consummation of the proposed Exchange in accordance with the
terms of the Indenture, the beneficial interest issued will be subject to the
restrictions on transfer enumerated in the Private Placement Legend printed on the
relevant Restricted Global Note and in the Indenture and the Securities Act.

          This certificate and the statements contained herein are made for your benefit and the benefit
of the Issuer and are dated                                         .

	 	 	 	 	 
	 	[Insert Name of Transferor]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Dated:                                         

C-3

 

EXHIBIT D

[FORM OF SUPPLEMENTAL INDENTURE

TO BE DELIVERED BY SUBSEQUENT GUARANTORS]

     Supplemental Indenture (this “Supplemental Indenture”), dated as of                     , among
                                         (the “Guaranteeing Subsidiary”), a subsidiary of [Lone Star Merger
Corp./Activant Solutions Inc.], a Delaware Corporation (the “Issuer”), and Wells Fargo
Bank, National Association, as trustee (the “Trustee”).

WITNESSETH

          WHEREAS, each of Lone Star Merger Corp., Activant Solutions Inc., Activant Solutions Holdings
Inc. and the Guarantors (as defined in the Indenture referred to below) has heretofore executed and
delivered to the Trustee an indenture (the “Indenture”), dated as of May 2, 2006, providing
for the issuance of an unlimited aggregate principal amount of 9 1/2% Senior Subordinated Notes due
2016 (the “Notes”);

          WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiary
shall execute and deliver to the Trustee a supplemental indenture pursuant to which the
Guaranteeing Subsidiary shall unconditionally guarantee all of the Issuer’s Obligations under the
Notes and the Indenture on the terms and conditions set forth herein and under the Indenture (the
“Guarantee”); and

          WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and
deliver this Supplemental Indenture.

          NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the parties mutually covenant and agree
for the equal and ratable benefit of the Holders of the Notes as follows:

          (1) Capitalized Terms. Capitalized terms used herein without definition shall have
the meanings assigned to them in the Indenture.

          (2) Agreement to Guarantee. The Guaranteeing Subsidiary hereby agrees as follows:

     (a) Along with all Guarantors named in the Indenture, to jointly and severally
unconditionally guarantee to each Holder of a Note authenticated and delivered by the
Trustee and to the Trustee and its successors and assigns, irrespective of the validity and
enforceability of the Indenture, the Notes or the obligations of the Issuer hereunder or
thereunder, that:

     (i) the principal of and interest, premium and Additional Interest, if any, on
the Notes will be promptly paid in full when due, whether at maturity, by
acceleration, redemption or otherwise, and interest on the overdue principal of and
interest on the Notes, if any, if lawful, and all other obligations of the Issuer to
the Holders or the Trustee hereunder or thereunder will be promptly paid in full or
performed, all in accordance with the terms hereof and thereof; and

     (ii) in case of any extension of time of payment or renewal of any Notes or any
of such other obligations, that same will be promptly paid in full when due or
performed in accordance with the terms of the extension or renewal, whether at
stated matur-

D-1

 

ity, by acceleration or otherwise. Failing payment when due of any amount so
guaranteed or any performance so guaranteed for whatever reason, the Guarantors and
the Guaranteeing Subsidiary shall be jointly and severally obligated to pay the same
immediately. This is a guarantee of payment and not a guarantee of collection.

     (b) The obligations hereunder shall be unconditional, irrespective of the validity,
regularity or enforceability of the Notes or the Indenture, the absence of any action to
enforce the same, any waiver or consent by any Holder of the Notes with respect to any
provisions hereof or thereof, the recovery of any judgment against the Issuer, any action to
enforce the same or any other circumstance which might otherwise constitute a legal or
equitable discharge or defense of a guarantor.

     (c) The following is hereby waived: diligence, presentment, demand of payment, filing
of claims with a court in the event of insolvency or bankruptcy of the Issuer, any right to
require a proceeding first against the Issuer, protest, notice and all demands whatsoever.

     (d) This Guarantee shall not be discharged except by complete performance of the
obligations contained in the Notes, the Indenture and this Supplemental Indenture, and the
Guaranteeing Subsidiary accepts all obligations of a Guarantor under the Indenture.

     (e) If any Holder or the Trustee is required by any court or otherwise to return to the
Issuer, the Guarantors (including the Guaranteeing Subsidiary), or any custodian, trustee,
liquidator or other similar official acting in relation to either the Issuer or the
Guarantors, any amount paid either to the Trustee or such Holder, this Guarantee, to the
extent theretofore discharged, shall be reinstated in full force and effect.

     (f) The Guaranteeing Subsidiary shall not be entitled to any right of subrogation in
relation to the Holders in respect of any obligations guaranteed hereby until payment in
full of all obligations guaranteed hereby.

     (g) As between the Guaranteeing Subsidiary, on the one hand, and the Holders and the
Trustee, on the other hand, (x) the maturity of the obligations guaranteed hereby may be
accelerated as provided in Article 6 of the Indenture for the purposes of this Guarantee,
notwithstanding any stay, injunction or other prohibition preventing such acceleration in
respect of the obligations guaranteed hereby, and (y) in the event of any declaration of
acceleration of such obligations as provided in Article 6 of the Indenture, such obligations
(whether or not due and payable) shall forthwith become due and payable by the Guaranteeing
Subsidiary for the purpose of this Guarantee.

     (h) The Guaranteeing Subsidiary shall have the right to seek contribution from any
non-paying Guarantor so long as the exercise of such right does not impair the rights of the
Holders under this Guarantee.

     (i) Pursuant to Section 11.02 of the Indenture, after giving effect to all other
contingent and fixed liabilities that are relevant under any applicable Bankruptcy or
fraudulent conveyance laws, and after giving effect to any collections from, rights to
receive contribution from or payments made by or on behalf of any other Guarantor in respect
of the obligations of such other Guarantor under Article 11 of the Indenture, this new
Guarantee shall be limited to the maximum amount permissible such that the obligations of
such Guaranteeing Subsidiary under this Guarantee will not constitute a fraudulent transfer
or conveyance.

D-2

 

     (j) This Guarantee shall remain in full force and effect and continue to be effective
should any petition be filed by or against the Issuer for liquidation, reorganization,
should the Issuer become insolvent or make an assignment for the benefit of creditors or
should a receiver or trustee be appointed for all or any significant part of the Issuer’s
assets, and shall, to the fullest extent permitted by law, continue to be effective or be
reinstated, as the case may be, if at any time payment and performance of the Notes are,
pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or
returned by any obligee on the Notes and Guarantee, whether as a “voidable preference”,
“fraudulent transfer” or otherwise, all as though such payment or performance had not been
made. In the event that any payment or any part thereof, is rescinded, reduced, restored or
returned, the Note shall, to the fullest extent permitted by law, be reinstated and deemed
reduced only by such amount paid and not so rescinded, reduced, restored or returned.

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

     (l) This Guarantee shall be a general unsecured senior subordinated obligation of such
Guaranteeing Subsidiary, ranking pari passu with any other future Senior Indebtedness of the
Guaranteeing Subsidiary, if any.

     (m) Each payment to be made by the Guaranteeing Subsidiary in respect of this Guarantee
shall be made without set-off, counterclaim, reduction or diminution of any kind or nature.

          (3) Execution and Delivery. The Guaranteeing Subsidiary agrees that the Guarantee
shall remain in full force and effect notwithstanding the absence of the endorsement of any
notation of such Guarantee on the Notes.

          (4) Merger, Consolidation or Sale of All or Substantially All Assets.

          (a) Except as otherwise provided in Section 5.01(c) of the Indenture, the Guaranteeing
Subsidiary may not consolidate or merge with or into or wind up into (whether or not the Issuer or
Guaranteeing Subsidiary is the surviving corporation), or sell, assign, transfer, lease, convey or
otherwise dispose of all or substantially all of its properties or assets, in one or more related
transactions, to any Person unless:

     (i) (A) the Guaranteeing Subsidiary is the surviving corporation or the Person formed
by or surviving any such consolidation or merger (if other than the Guaranteeing Subsidiary)
or to which such sale, assignment, transfer, lease, conveyance or other disposition will
have been made is a corporation organized or existing under the laws of the jurisdiction of
organization of the Guaranteeing Subsidiary, as the case may be, or the laws of the United
States, any state thereof, the District of Columbia, or any territory thereof (the
Guaranteeing Subsidiary or such Person, as the case may be, being herein called the
“Successor Person”);

     (B) the Successor Person, if other than the Guaranteeing Subsidiary, expressly assumes
all the obligations of the Guaranteeing Subsidiary under the Indenture and the Guaranteeing
Subsidiary’s related Guarantee pursuant to supplemental indentures or other documents or
instruments in form reasonably satisfactory to the Trustee;

     (C) immediately after such transaction, no Default exists; and

D-3

 

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

     (ii) the transaction is made in compliance with Section 4.10 of the Indenture;

          (b) Subject to certain limitations described in the Indenture, in the case of clause (i) of
Section 5.01(c) of the Indenture, the Successor Person will succeed to, and be substituted for, the
Guaranteeing Subsidiary under the Indenture and the Guaranteeing Subsidiary’s Guarantee.
Notwithstanding the foregoing, the Guaranteeing Subsidiary may merge into or transfer all or part
of its properties and assets to another Guarantor or the Issuer.

          (5) Releases.

          The Guarantee of the Guaranteeing Subsidiary shall be automatically and unconditionally
released and discharged, and no further action by the Guaranteeing Subsidiary, the Issuer or the
Trustee is required for the release of the Guaranteeing Subsidiary’s Guarantee, upon:

     (1) (A) any sale, exchange or transfer (by merger or otherwise) of the Capital Stock
of the Guaranteeing Subsidiary (including any sale, exchange or transfer), after which the
Guaranteeing Subsidiary is no longer a Restricted Subsidiary or all or substantially all the
assets of the Guaranteeing Subsidiary which sale, exchange or transfer is made in compliance
with the applicable provisions of the Indenture;

     (B) the release or discharge of the guarantee by the Guaranteeing Subsidiary of the
Senior Credit Facilities or the guarantee which resulted in the creation of the Guarantee,
except a discharge or release by or as a result of payment under such guarantee;

     (C) the proper designation of the Guaranteeing Subsidiary as an Unrestricted
Subsidiary; or

     (D) the Issuer exercising its Legal Defeasance option or Covenant Defeasance option in
accordance with Article 8 of the Indenture or the Issuer’s obligations under the Indenture
being discharged in accordance with the terms of the Indenture; and

          (a) (2) the Issuer delivering to the Trustee an Officer’s Certificate and an Opinion of
Counsel, each stating that all conditions precedent provided for in the Indenture relating to such
transaction have been complied with.

          (6) No Recourse Against Others. No director, officer, employee, incorporator or
stockholder of the Guaranteeing Subsidiary shall have any liability for any obligations of the
Issuer or the Guarantors (including the Guaranteeing Subsidiary) under the Notes, any Guarantees,
the Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason
of, such obligations or their creation. Each Holder by accepting Notes waives and releases all
such liability. The waiver and release are part of the consideration for issuance of the Notes.

          (7) Governing Law. THIS SUPPLEMENTAL INDENTURE WILL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

D-4

 

          (8) Counterparts. The parties may sign any number of copies of this Supplemental
Indenture. Each signed copy shall be an original, but all of them together represent the same
agreement.

          (9) Effect of Headings. The Section headings herein are for convenience only and
shall not affect the construction hereof.

          (10) The Trustee. The Trustee shall not be responsible in any manner whatsoever for
or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of
the recitals contained herein, all of which recitals are made solely by the Guaranteeing
Subsidiary.

          (11) Subrogation. The Guaranteeing Subsidiary shall be subrogated to all rights of
Holders of Notes against the Issuer in respect of any amounts paid by the Guaranteeing Subsidiary
pursuant to the provisions of Section 2 hereof and Section 11.01 of the Indenture; provided
that, if an Event of Default has occurred and is continuing, the Guaranteeing Subsidiary shall not
be entitled to enforce or receive any payments arising out of, or based upon, such right of
subrogation until all amounts then due and payable by the Issuer under the Indenture or the Notes
shall have been paid in full.

          (12) Benefits Acknowledged. The Guaranteeing Subsidiary’s Guarantee is subject to the
terms and conditions set forth in the Indenture. The Guaranteeing Subsidiary acknowledges that it
will receive direct and indirect benefits from the financing arrangements contemplated by the
Indenture and this Supplemental Indenture and that the guarantee and waivers made by it pursuant to
this Guarantee are knowingly made in contemplation of such benefits.

          (13) Successors. All agreements of the Guaranteeing Subsidiary in this Supplemental
Indenture shall bind its Successors, except as otherwise provided in Section 2(k) hereof or
elsewhere in this Supplemental Indenture. All agreements of the Trustee in this Supplemental
Indenture shall bind its successors.

D-5

 

          IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed, all as of the date first above written.

	 	 	 	 	 
	 	[GUARANTEEING SUBSIDIARY]

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

D-6exv10w1

 

Exhibit 10.1

Excution Copy

 

CREDIT AGREEMENT

Dated as of May 2, 2006

among

LONE STAR MERGER CORP.

(to be merged with, and into, Activant Solutions Holdings Inc., which, in turn, will be merged

with, and into, Activant Solutions Inc.),

as the Borrower,

LONE STAR HOLDING CORP.,

DEUTSCHE BANK TRUST COMPANY AMERICAS,

as Administrative Agent, Swing Line Lender and an L/C Issuer,

THE OTHER LENDERS PARTY HERETO,

JPMORGAN CHASE BANK, N.A.,

as Syndication Agent

and

LEHMAN COMMERCIAL PAPER INC.,

as Documentation Agent

 

                                        

DEUTSCHE BANK SECURITIES INC. and

J.P. MORGAN SECURITIES INC.,

as Co-Lead Arrangers and as Joint Bookrunners

and

LEHMAN BROTHERS INC.,

as a Joint Bookrunner

 

 

TABLE OF CONTENTS

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Page
	ARTICLE I Definitions and Accounting Terms	 	 	2	 
	 
	 	 	 	 	 	 	 	 
	 

	 	SECTION 1.01.
	 	 Defined Terms
	 	 	2	 
	 

	 	SECTION 1.02.
	 	Other Interpretive Provisions
	 	 	47	 
	 

	 	SECTION 1.03.
	 	Accounting Terms
	 	 	48	 
	 

	 	SECTION 1.04.
	 	Rounding
	 	 	48	 
	 

	 	SECTION 1.05.
	 	References to Agreements, Laws, Etc
	 	 	48	 
	 

	 	SECTION 1.06.
	 	Times of Day
	 	 	49	 
	 

	 	SECTION 1.07.
	 	Timing of Payment of Performance
	 	 	49	 
	 

	 	SECTION 1.08.
	 	Currency Equivalents Generally
	 	 	49	 
	 

	 	SECTION 1.09.
	 	Change of Currency
	 	 	49	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE II The Commitments and Credit Extensions	 	 	49	 
	 
	 	 	 	 	 	 	 	 
	 

	 	SECTION 2.01.
	 	The Loans
	 	 	49	 
	 

	 	SECTION 2.02.
	 	Borrowings, Conversions and Continuations of Loans
	 	 	50	 
	 

	 	SECTION 2.03.
	 	Letters of Credit
	 	 	52	 
	 

	 	SECTION 2.04.
	 	Swing Line Loans
	 	 	60	 
	 

	 	SECTION 2.05.
	 	Prepayments
	 	 	63	 
	 

	 	SECTION 2.06.
	 	Termination or Reduction of Commitments
	 	 	67	 
	 

	 	SECTION 2.07.
	 	Repayment of Loans
	 	 	67	 
	 

	 	SECTION 2.08.
	 	Interest
	 	 	68	 
	 

	 	SECTION 2.09.
	 	Fees
	 	 	68	 
	 

	 	SECTION 2.10.
	 	Computation of Interest and Fees
	 	 	69	 
	 

	 	SECTION 2.11.
	 	Evidence of Indebtedness
	 	 	69	 
	 

	 	SECTION 2.12.
	 	Payments Generally
	 	 	70	 
	 

	 	SECTION 2.13.
	 	Sharing of Payments
	 	 	72	 
	 

	 	SECTION 2.14.
	 	[Reserved]
	 	 	73	 
	 

	 	SECTION 2.15.
	 	Incremental Credit Extensions
	 	 	73	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE III Taxes, Increased Costs Protection and Illegality	 	 	75	 
	 
	 	 	 	 	 	 	 	 
	 

	 	SECTION 3.01.
	 	Taxes
	 	 	75	 
	 

	 	SECTION 3.02.
	 	Illegality
	 	 	77	 
	 

	 	SECTION 3.03.
	 	Inability to Determine Rates
	 	 	77	 
	 

	 	SECTION 3.04.
	 	Increased Cost and Reduced Return; Capital Adequacy; Reserves on Eurocurrency
Rate Loans
	 	 	78	 
	 

	 	SECTION 3.05.
	 	Funding Losses
	 	 	79	 
	 

	 	SECTION 3.06.
	 	Matters Applicable to All Requests for Compensation
	 	 	80	 
	 

	 	SECTION 3.07.
	 	Replacement of Lenders under Certain Circumstances
	 	 	81	 
	 

	 	SECTION 3.08.
	 	Survival
	 	 	82	 

(i)

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Page
	ARTICLE IV Conditions Precedent to Credit Extensions	 	 	82	 
	 
	 	 	 	 	 	 	 	 
	 

	 	SECTION 4.01.
	 	 Conditions of Initial Credit Extension
	 	 	82	 
	 

	 	SECTION 4.02.
	 	Conditions to All Credit Extensions
	 	 	86	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE V Representations and Warranties	 	 	86	 
	 
	 	 	 	 	 	 	 	 
	 

	 	SECTION 5.01.
	 	Existence, Qualification and Power; Compliance with Laws
	 	 	86	 
	 

	 	SECTION 5.02.
	 	Authorization; No Contravention
	 	 	87	 
	 

	 	SECTION 5.03.
	 	Governmental Authorization; Other Consents
	 	 	87	 
	 

	 	SECTION 5.04.
	 	Binding Effect
	 	 	87	 
	 

	 	SECTION 5.05.
	 	Financial Statements; No Material Adverse Effect
	 	 	87	 
	 

	 	SECTION 5.06.
	 	Litigation
	 	 	89	 
	 

	 	SECTION 5.07.
	 	No Default
	 	 	89	 
	 

	 	SECTION 5.08.
	 	Ownership of Property; Liens
	 	 	89	 
	 

	 	SECTION 5.09.
	 	Environmental Compliance
	 	 	89	 
	 

	 	SECTION 5.10.
	 	Taxes
	 	 	90	 
	 

	 	SECTION 5.11.
	 	ERISA Compliance
	 	 	90	 
	 

	 	SECTION 5.12.
	 	Subsidiaries; Equity Interests
	 	 	91	 
	 

	 	SECTION 5.13.
	 	Margin Regulations; Investment Company Act
	 	 	91	 
	 

	 	SECTION 5.14.
	 	Disclosure
	 	 	91	 
	 

	 	SECTION 5.15.
	 	Intellectual Property; Licenses, Etc
	 	 	92	 
	 

	 	SECTION 5.16.
	 	Solvency
	 	 	92	 
	 

	 	SECTION 5.17.
	 	Subordination of Junior Financing
	 	 	92	 
	 

	 	SECTION 5.18.
	 	Labor Matters
	 	 	92	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE VI Affirmative Covenants	 	 	92	 
	 
	 	 	 	 	 	 	 	 
	 

	 	SECTION 6.01.
	 	Financial Statements
	 	 	93	 
	 

	 	SECTION 6.02.
	 	Certificates; Other Information
	 	 	94	 
	 

	 	SECTION 6.03.
	 	Notices 	 	 	95	 
	 

	 	SECTION 6.04.
	 	Payment of Obligations
	 	 	95	 
	 

	 	SECTION 6.05.
	 	Preservation of Existence, Etc
	 	 	96	 
	 

	 	SECTION 6.06.
	 	Maintenance of Properties
	 	 	96	 
	 

	 	SECTION 6.07.
	 	Maintenance of Insurance
	 	 	96	 
	 

	 	SECTION 6.08.
	 	Compliance with Laws
	 	 	97	 
	 

	 	SECTION 6.09.
	 	Books and Records
	 	 	97	 
	 

	 	SECTION 6.10.
	 	Inspection Rights
	 	 	97	 
	 

	 	SECTION 6.11.
	 	Covenant to Guarantee Obligations and Give Security
	 	 	97	 
	 

	 	SECTION 6.12.
	 	Compliance with Environmental Laws
	 	 	99	 
	 

	 	SECTION 6.13.
	 	Further Assurances and Post-Closing Conditions
	 	 	100	 
	 

	 	SECTION 6.14.
	 	Designation of Subsidiaries
	 	 	101	 
	 

	 	SECTION 6.15.
	 	Corporate Separateness
	 	 	101	 
	 

	 	SECTION 6.16.
	 	Additional Requirements Upon Consummation of the Merger and the Secondary
Merger
	 	 	101	 

(ii)

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Page
	 

	 	SECTION 6.17.
	 	Post-Closing Refinancing
	 	 	102	 
	 

	 	SECTION 6.18.
	 	 	 	 	102	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE VII Negative Covenants	 	 	102	 
	 
	 	 	 	 	 	 	 	 
	 

	 	SECTION 7.01.
	 	Liens
	 	 	102	 
	 

	 	SECTION 7.02.
	 	Investments
	 	 	106	 
	 

	 	SECTION 7.03.
	 	Indebtedness
	 	 	109	 
	 

	 	SECTION 7.04.
	 	Fundamental Changes
	 	 	113	 
	 

	 	SECTION 7.05.
	 	Dispositions
	 	 	114	 
	 

	 	SECTION 7.06.
	 	Restricted Payments
	 	 	116	 
	 

	 	SECTION 7.07.
	 	Change in Nature of Business
	 	 	119	 
	 

	 	SECTION 7.08.
	 	Transactions with Affiliates
	 	 	119	 
	 

	 	SECTION 7.09.
	 	Burdensome Agreements
	 	 	120	 
	 

	 	SECTION 7.10.
	 	Use of Proceeds
	 	 	120	 
	 

	 	SECTION 7.11.
	 	Financial Covenants
	 	 	120	 
	 

	 	SECTION 7.12.
	 	Accounting Changes
	 	 	121	 
	 

	 	SECTION 7.13.
	 	Prepayments, Etc. of Indebtedness
	 	 	122	 
	 

	 	SECTION 7.14.
	 	Equity Interests of the Borrower and Restricted Subsidiaries
	 	 	123	 
	 

	 	SECTION 7.15.
	 	Holding Company
	 	 	123	 
	 

	 	SECTION 7.16.
	 	Capital Expenditures
	 	 	123	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE VIII Events Of Default and Remedies	 	 	124	 
	 
	 	 	 	 	 	 	 	 
	 

	 	SECTION 8.01.
	 	Events of Default
	 	 	124	 
	 

	 	SECTION 8.02.
	 	Remedies Upon Event of Default
	 	 	126	 
	 

	 	SECTION 8.03.
	 	Exclusion of Immaterial Subsidiaries
	 	 	127	 
	 

	 	SECTION 8.04.
	 	Application of Funds
	 	 	127	 
	 

	 	SECTION 8.05.
	 	Borrower’s Right to Cure
	 	 	128	 
	 
	 	 	 	 	 	 	 	 
	ARTICLE IX Administrative Agent and Other Agents	 	 	129	 
	 
	 	 	 	 	 	 	 	 
	 

	 	SECTION 9.01.
	 	Appointment and Authorization of Agents
	 	 	129	 
	 

	 	SECTION 9.02.
	 	Delegation of Duties
	 	 	130	 
	 

	 	SECTION 9.03.
	 	Liability of Agents
	 	 	130	 
	 

	 	SECTION 9.04.
	 	Reliance by Agents
	 	 	130	 
	 

	 	SECTION 9.05.
	 	Notice of Default
	 	 	131	 
	 

	 	SECTION 9.06.
	 	Credit Decision; Disclosure of Information by Agents
	 	 	131	 
	 

	 	SECTION 9.07.
	 	Indemnification of Agents
	 	 	132	 
	 

	 	SECTION 9.08.
	 	Agents in their Individual Capacities
	 	 	132	 
	 

	 	SECTION 9.09.
	 	Successor Agents
	 	 	133	 
	 

	 	SECTION 9.10.
	 	Administrative Agent May File Proofs of Claim
	 	 	133	 
	 

	 	SECTION 9.11.
	 	Collateral and Guaranty Matters
	 	 	134	 
	 

	 	SECTION 9.12.
	 	Other Agents; Arrangers and Managers
	 	 	135	 
	 

	 	SECTION 9.13.
	 	Appointment of Supplemental Administrative Agents
	 	 	135	 

(iii)

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Page
	ARTICLE X Miscellaneous	 	 	136	 
	 
	 	 	 	 	 	 	 	 
	 

	 	SECTION 10.01.
	 	Amendments, Etc
	 	 	136	 
	 

	 	SECTION 10.02.
	 	Notices and Other Communications; Facsimile Copies
	 	 	138	 
	 

	 	SECTION 10.03.
	 	No Waiver; Cumulative Remedies
	 	 	139	 
	 

	 	SECTION 10.04.
	 	Attorney Costs, Expenses and Taxes
	 	 	140	 
	 

	 	SECTION 10.05.
	 	Indemnification by the Borrower
	 	 	140	 
	 

	 	SECTION 10.06.
	 	Payments Set Aside
	 	 	141	 
	 

	 	SECTION 10.07.
	 	Successors and Assigns
	 	 	141	 
	 

	 	SECTION 10.08.
	 	Confidentiality
	 	 	146	 
	 

	 	SECTION 10.09.
	 	Setoff
	 	 	146	 
	 

	 	SECTION 10.10.
	 	Interest Rate Limitation
	 	 	147	 
	 

	 	SECTION 10.11.
	 	Counterparts
	 	 	147	 
	 

	 	SECTION 10.12.
	 	Integration
	 	 	147	 
	 

	 	SECTION 10.13.
	 	Survival of Representations and Warranties
	 	 	147	 
	 

	 	SECTION 10.14.
	 	Severability
	 	 	148	 
	 

	 	SECTION 10.15.
	 	Tax Forms
	 	 	148	 
	 

	 	SECTION 10.16.
	 	GOVERNING LAW
	 	 	150	 
	 

	 	SECTION 10.17.
	 	WAIVER OF RIGHT TO TRIAL BY JURY
	 	 	150	 
	 

	 	SECTION 10.18.
	 	Binding Effect
	 	 	150	 
	 

	 	SECTION 10.19.
	 	Lender Action
	 	 	151	 
	 

	 	SECTION 10.20.
	 	USA PATRIOT Act
	 	 	151	 
	 

	 	SECTION 10.21.
	 	 Effectiveness of the Merger and the Secondary Merger
	 	 	151	 

SCHEDULES

	 	 	 	 	 	 	 
	 

	 	 	I	 	 	Guarantors
	 

	 	 	1.01A	 	 	[Reserved]
	 

	 	 	1.01B	 	 	Certain Security Interests and Guarantees
	 

	 	 	1.01C	 	 	Unrestricted Subsidiaries
	 

	 	 	1.01D	 	 	[Reserved]
	 

	 	 	1.01E	 	 	Existing Letters of Credit
	 

	 	 	1.01F	 	 	Mortgaged Properties
	 

	 	 	1.01G	 	 	Excluded Subsidiary
	 

	 	 	1.01H	 	 	Foreign Subsidiary
	 

	 	 	2.01	 	 	Commitments
	 

	 	 	5.05	 	 	Certain Liabilities
	 

	 	 	5.12	 	 	Subsidiaries and Other Equity Investments
	 

	 	 	7.01	(b)	 	Existing Liens
	 

	 	7.02(f)
	 	Existing Investments
	 

	 	 	7.03	(b)	 	Existing Indebtedness
	 

	 	 	7.05	(k)	 	Dispositions
	 

	 	 	7.08	 	 	Transactions with Affiliates
	 

	 	 	7.09	 	 	Existing Restrictions

(iv)

 

	 	 	 	 	 	 	 
	 

	 	 	10.02	 	 	Administrative Agent’s Office, Certain Addresses for Notices

EXHIBITS

	 	 	 	 	 
	 	 	Form of	 	 
	 
	 

	 	A
	 	Loan Notice
	 

	 	B
	 	Swing Line Loan Notice
	 

	 	C-1
	 	Term Note
	 

	 	C-2
	 	Revolving Credit Note
	 

	 	C-3
	 	Swing Line Note
	 

	 	D
	 	Compliance Certificate
	 

	 	E
	 	Assignment and Assumption
	 

	 	F
	 	Guaranty
	 

	 	G
	 	Security Agreement
	 

	 	H
	 	Solvency Certificate
	 

	 	I
	 	Opinion Matters — Counsel to Loan Parties
	 

	 	J
	 	Intellectual Property Security Agreement
	 

	 	K-1
	 	Acknowledgment and Assumption Agreement (Target)
	 

	 	K-2
	 	Acknowledgment and Assumption Agreement (Opco)
	 

	 	L
	 	Intercompany Subordination Agreement

(v)

 

CREDIT AGREEMENT

     This CREDIT AGREEMENT (as amended, restated, supplemented and/or otherwise modified from time
to time, this “Agreement”) is entered into as of May 2, 2006, among LONE STAR MERGER CORP., a
Delaware corporation (to be merged with, and into, the Target (as defined below), which, in turn
shall be merged with, and into, Opco (as defined below), “Merger Sub”), LONE STAR HOLDING CORP., a
Delaware corporation (“Holdings”), DEUTSCHE BANK TRUST COMPANY AMERICAS, as Administrative Agent,
Swing Line Lender and an L/C Issuer, each lender from time to time party hereto (collectively, the
“Lenders” and individually, a “Lender”), JPMORGAN CHASE BANK, N.A., as Syndication Agent and LEHMAN
COMMERCIAL PAPER INC., as Documentation Agent.

PRELIMINARY STATEMENTS

     Pursuant to the Merger Agreement (as this and other capitalized terms used in these
preliminary statements are defined in Section 1.01 below), Merger Sub, a direct wholly-owned
Subsidiary of Holdings, shall be merged with, and into, Activant Solutions Holdings Inc., a
Delaware corporation (the “Target”), with the Target as the surviving corporation (the “Merger”).

     Immediately following the consummation of the Merger, the Target (as the surviving corporation
of the Merger) shall be merged with and into Activant Solutions Inc., a Delaware corporation and
wholly-owned Subsidiary of the Target (“Opco”), with Opco as the surviving corporation (the
“Secondary Merger”).

     The Borrower has requested that simultaneously with the consummation of the Merger, the
Lenders extend credit to the Borrower in the form of (i) Term Loans in an initial aggregate amount
of $390,000,000 and (ii) a Revolving Credit Facility in an initial aggregate amount of $40,000,000.
The Revolving Credit Facility will include a sub-limit for the making of one or more Swing Line
Loans and the issuance of one or more Letters of Credit from time to time.

     The proceeds of the Term Loans made on the Closing Date, together with the proceeds of (i) the
issuance of the New Notes, and (ii) the Equity Contributions, will be used to finance, in part, the
Refinancing and to pay the Merger Consideration and the Transaction Expenses. No proceeds of
Revolving Credit Loans will be used to finance the Refinancing or to pay any portion of the Merger
Consideration or the Transaction Expenses, except that proceeds of Revolving Credit Loans not to
exceed $5,000,000 may be incurred on the Closing Date to fund the Segregated Account on the terms
contemplated by Section 4.01(e)(iii). The proceeds of Revolving Credit Loans incurred after the
Closing Date will be used for working capital, capital expenditures and other general corporate
purposes of the Borrower and its Subsidiaries, including the financing of Permitted Acquisitions.
Swing Line Loans and Letters of Credit will be used for general corporate purposes of the Borrower
and its Subsidiaries.

     The applicable Lenders have indicated their willingness to lend, and the L/C Issuers have
indicated their willingness to issue Letters of Credit, in each case, on the terms and subject to
the conditions set forth herein.

 

 

     In consideration of the mutual covenants and agreements herein contained, the parties hereto
covenant and agree as follows:

ARTICLE I

Definitions and Accounting Terms

     SECTION 1.01. Defined Terms. As used in this Agreement, the following terms shall
have the meanings set forth below:

     “Acquired EBITDA” means, with respect to any Acquired Entity or Business or any Converted
Restricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such
Acquired Entity or Business or Converted Restricted Subsidiary (determined as if references to the
Borrower and the Restricted Subsidiaries in the definition of Consolidated EBITDA (and in the
component financial definitions used therein) were references to such Acquired Entity or Business
or Converted Restricted Subsidiary and its Subsidiaries), all as determined on a consolidated basis
for such Acquired Entity or Business or Converted Restricted Subsidiary.

     “Acquired Entity or Business” has the meaning set forth in the definition of the term
“Consolidated EBITDA”.

     “Act” has the meaning set forth in Section 10.21.

     “Additional Lender” has the meaning set forth in Section 2.15(a).

     “Administrative Agent” means DBTCA, in its capacity as administrative agent under any of the
Loan Documents, or any successor administrative agent. Unless the context otherwise requires, the
term “Administrative Agent” as used herein and in the other Loan Documents shall include the
Collateral Agent.

     “Administrative Agent’s Office” means the Administrative Agent’s address and account as set
forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time
to time notify the Borrower and the Lenders in writing.

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

     “Affiliate” means, with respect to any Person, another Person that directly, or indirectly
through one or more intermediaries, Controls or is Controlled by or is under common Control with
the Person specified. “Control” means the possession, directly or indirectly, of the power to
direct or cause the direction of the management or policies of a Person, whether through the
ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have
meanings correlative thereto.

     “Agent-Related Persons” means the Agents, together with their respective Affiliates, and the
officers, directors, employees, agents and attorneys-in-fact of such Persons and Affiliates.

-2-

 

     “Agents” means, collectively, the Administrative Agent, the Collateral Agent, the Syndication
Agent, the Documentation Agent, the Arrangers and the Supplemental Administrative Agents (if any).

     “Aggregate Commitments” means, at any time, the Commitments of all the Lenders at such time.

     “Aggregate Credit Exposures” means, at any time, the sum of (a) the unused portion of each
Revolving Credit Commitment then in effect, (b) the unused portion of each Term Commitment then in
effect and (c) the Total Outstandings at such time.

     “Agreement” has the meaning specified in the introductory paragraph.

     “Applicable Rate” means a percentage per annum equal to, with respect to (x) Term Loans
maintained as (A) Eurocurrency Rate Loans, 2.00% and (B) Base Rate Loans, 1.00%, and (y) Revolving
Credit Loans, unused Revolving Credit Commitments and Letter of Credit fees, (i) until delivery of
financial statements for the first full fiscal quarter ending at least twelve months after the
Closing Date pursuant to Section 6.01, (A) for Revolving Credit Loans maintained as Eurocurrency
Rate Loans, 2.25%, (B) for Revolving Credit Loans maintained as Base Rate Loans, 1.25%, (C) for
Letter of Credit fees, 2.25% and (D) for commitment fees, 0.50% and (ii) thereafter, the
percentages per annum set forth in the table below applicable to the respective Type of Revolving
Credit Loans, the unused Revolving Credit Commitments or Letter of Credit fees, as the case may be,
based upon the Total Leverage Ratio as set forth in the most recent Compliance Certificate received
by the Administrative Agent pursuant to Section 6.02(b):

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Applicable Rate for	 	 	 	 
	 	 	 	 	 	 	Revolving Credit	 	 	 	 
	 	 	 	 	 	 	Loans maintained as	 	Applicable Rate for	 	 
	 	 	 	 	 	 	Eurocurrency Rate	 	Revolving Credit	 	 
	Pricing	 	Total Leverage	 	Loans and	 	Loans maintained as	 	Applicable Rate for
	Level	 	Ratio	 	Letter of Credit Fees	 	Base Rate Loans	 	Commitment Fees
	 	1	 	 	Less than
4.50:1.00
	 	 	1.75	%	 	 	0.75	%	 	 	0.375	%
	 	2	 	 	Greater than or
equal to
4.50:1.00, but
less than or
equal to 5.00:1.00
	 	 	2.00	%	 	 	1.00	%	 	 	0.50	%

Any increase or decrease in the Applicable Rate resulting from a change in the Total Leverage
Ratio shall become effective as of the first Business Day immediately following the date a
Compliance Certificate is delivered pursuant to Section 6.02(b); provided that at the option of the
Administrative Agent or the Required Lenders, the highest Pricing Level shall apply (x) as of the
first Business Day after the date on which a Compliance Certificate was required to have been
delivered but was not delivered, and shall continue to so apply to and including the date on which
such Compliance Certificate is so delivered (and thereafter the Pricing Level otherwise determined
in accordance with this definition shall apply) and (y) as of the first Business Day after an Event
of Default under Section 8.01(a) shall have occurred and be continuing, and shall

-3-

 

continue to so
apply to but excluding the date on which such Event of Default is cured or waived (and thereafter
the Pricing Level otherwise determined in accordance with this definition shall apply).

                    “Appropriate Lender” means, at any time, (a) with respect to Loans of any Class, the Lenders
of such Class, (b) with respect to Letters of Credit, (i) the relevant L/C Issuers and (ii) with
respect to any Letters of Credit issued pursuant to Section 2.03(a), the Revolving Credit Lenders
and (c) with respect to the Swing Line Facility, (i) the Swing Line Lender and (ii) if any Swing
Line Loans are outstanding pursuant to Section 2.04(a), the Revolving Credit Lenders.

                    “Approved Bank” has the meaning specified in clause (c) of the definition of “Cash
Equivalents”.

                    “Approved Fund” means any Fund that is administered, advised or managed by (a) a Lender, (b)
an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers, advises or
manages a Lender.

                    “Arrangers” means DBSI and JPMS each in its capacity as a co-lead arranger and a joint
bookrunner under this Agreement.

                    “Assignees” has the meaning specified in Section 10.07(b).

                    “Assignment and Assumption” means an Assignment and Assumption substantially in the form of
Exhibit E.

                    “Attorney Costs” means and includes all reasonable fees, expenses and disbursements of any law
firm or other external legal counsel.

                    “Attributable Indebtedness” means, on any date, in respect of any Capitalized Lease of any
Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared
as of such date in accordance with GAAP.

                    “Audited Financial Statements” means the audited consolidated balance sheets of Target and its
Subsidiaries as of each of September 30, 2005, 2004 and 2003, and the related audited consolidated
statements of income, stockholders’ equity and cash flows for Target and its Subsidiaries for the
fiscal years ended September 30, 2005, 2004 and 2003, respectively.

                    “Auto-Renewal Letter of Credit” has the meaning specified in Section 2.03(b)(iii).

                    “Available Amount” means, on any date (the “Reference Date”), an amount equal at such
time to (a) the sum of, without duplication:

     (i) an amount (which amount as calculated pursuant to this clause (i) shall not be less
than zero) equal to (x) the cumulative amount of Excess Cash Flow for all full fiscal years
completed after the Closing Date (commencing with the fiscal year ending September 30, 2007) and
prior to the Reference Date minus (y) the portion of such Excess Cash Flow that

-4-

 

has been
after the Closing Date and on or prior to the Reference Date applied to the prepayment of Term
Loans in accordance with Section 2.05(b)(i);

     (ii) the amount of any capital contributions or other Permitted Equity Issuances (other
than the Equity Contributions or Permitted Equity Issuances made pursuant to Section 8.05) made
or received by Holdings or the Borrower during the period from and including the Business Day
immediately following the Closing Date through and including the Reference Date and Not
Otherwise Applied;

     (iii) to the extent not already included in the calculation of Consolidated Net Income, the
aggregate amount of all cash dividends and other cash distributions received by Holdings, the
Borrower or any Restricted Subsidiary from any Minority Investments or Unrestricted Subsidiaries
after the Closing Date and on or prior to the Reference Date (other than the portion of any such
dividends and other distributions that is used by Holdings, the Borrower or any Guarantor to pay
taxes); and

     (iv) to the extent not already included in the calculation of Consolidated Net Income, the
aggregate amount of all cash repayments of principal received by Holdings, the Borrower or any
Restricted Subsidiary from any Minority Investments or Unrestricted Subsidiaries after the
Closing Date and on or prior to the Reference Date in respect of loans made by Holdings, the
Borrower or any Restricted Subsidiary to such Minority Investments or Unrestricted Subsidiaries;

                    minus (b) the sum of:

     (i) the aggregate amount of any Investments made by Holdings, the Borrower or any
Restricted Subsidiary pursuant to Section 7.02(c)(iii), 7.02(i)(B) or 7.02(n) after the Closing
Date and on or prior to the Reference Date; and

     (ii) the aggregate amount of prepayments, repayments, redemptions, purchases, defeasances
or other satisfactions made by Holdings, the Borrower or any Restricted Subsidiary pursuant to
Section 7.13(a)(iv) after the Closing Date and on or prior to the Reference Date;

     (iii) the aggregate amount of Restricted Payments made by Holdings or the Borrower pursuant
to Section 7.06(i) after the Closing Date and on or prior to the Reference Date; and

     (iv) the aggregate amount of Capital Expenditures made by the Borrower or any Restricted
Subsidiary pursuant to Section 7.16(a)(y) after the Closing Date and on or prior to the
Reference Date.

                    “Base Rate” means for any day a fluctuating rate per annum equal to the higher of (a) the
Federal Funds Rate plus 1/2 of 1% and (b) the rate of interest in effect for such day as publicly
announced from time to time by DBTCA as its “prime rate.” The “prime rate” is a rate set by DBTCA
based upon various factors including DBTCA’s costs and desired return, general economic conditions
and other factors, and is used as a reference point for pricing some loans, which may be priced at,
above, or below such announced rate. Any change in such rate
announced by DBTCA shall take effect at the opening of business on the day specified in the
public announcement of such change.

                    “Base Rate Loan” means a Loan that bears interest based on the Base Rate.

-5-

 

          “Borrower” means (i) at any time prior to the consummation of the Merger and the Secondary
Merger, Merger Sub, (ii) at all times on and after the consummation of the Merger, but prior to the
consummation of the Secondary Merger, the Target and (iii) at all times on and after the
consummation of the Merger and the Secondary Merger, Opco.

          “Borrower Guaranty” means the Borrower Guaranty made by the Borrower in favor of the
Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.

          “Borrowing” means a Revolving Credit Borrowing, a Swing Line Borrowing, or a Term Borrowing,
as the context may require.

          “Business Day” means any day other than a Saturday, Sunday or other day on which commercial
banks are authorized to close under the Laws of, or are in fact closed in Austin, Texas and in the
state where the Administrative Agent’s Office is located, and if such day relates to any interest
rate settings as to a Eurocurrency Rate Loan, any fundings, disbursements, settlements and payments
in respect of any such Eurocurrency Rate Loan, or any other dealings to be carried out pursuant to
this Agreement in respect of any such Eurocurrency Rate Loan, means any such day on which dealings
in deposits in Dollars are conducted by and between banks in the London interbank eurodollar
market.

          “Capital Expenditures” means, for any period, the aggregate of (a) all expenditures (whether
paid in cash or accrued as liabilities) by the Borrower and the Restricted Subsidiaries during such
period that, in conformity with GAAP, are or are required to be included as additions during such
period to property, plant or equipment reflected in the consolidated balance sheet of the Borrower
and the Restricted Subsidiaries, (b) all Capitalized Software Expenditures for such period and (c)
all obligations under Capitalized Leases incurred by the Borrower and the Restricted Subsidiaries
and recorded on the balance sheet in accordance with GAAP during such period; provided that the
term “Capital Expenditures” shall not include (i) expenditures made in connection with the
replacement, substitution, restoration or repair of assets to the extent financed with (x)
insurance proceeds paid on account of the loss of or damage to the assets being replaced, restored
or repaired or (y) awards of compensation arising from the taking by eminent domain or condemnation
of the assets being replaced, (ii) the purchase price of equipment that is purchased simultaneously
with the trade-in of existing equipment to the extent that the gross amount of such purchase price
is reduced by the credit granted by the seller of such equipment for the equipment being traded in
at such time, (iii) the purchase of plant, property or equipment or software to the extent financed
with the proceeds of Dispositions that are not required to be applied to prepay Term Loans pursuant
to Section 2.05(b), (iv) expenditures that constitute any part of Consolidated Lease Expense, (v)
expenditures that are accounted for as capital expenditures by the Borrower or any Restricted
Subsidiary and that actually are paid for by a Person other than the Borrower or any Restricted
Subsidiary and for which neither the Borrower nor any Restricted Subsidiary has provided or is
required to provide or incur, directly or indirectly, any consideration or obligation to such
Person or any other Person (whether before, during or after such period), (vi) the book value of
any asset owned by the Borrower or any Restricted Subsidiary prior to or during such period to the
extent that such book value is included as a capital
expenditure during such period as a result of
such Person reusing or beginning to reuse such asset during such period without a corresponding

-6-

 

expenditure actually having been made in such period, provided that (x) any expenditure necessary
in order to permit such asset to be reused shall be included as a Capital Expenditure during the
period in which such expenditure actually is made and (y) such book value shall have been included
in Capital Expenditures when such asset was originally acquired, or (vii) expenditures that
constitute Permitted Acquisitions.

          “Capitalized Leases” means, as applied to any Person, all leases of property that have been or
should be, in accordance with GAAP, recorded as capitalized leases on a balance sheet (excluding
the footnotes thereto) of such Person; provided that for all purposes hereunder the amount of
obligations under any Capitalized Lease shall be the amount thereof accounted for as a liability on
a balance sheet (excluding the footnotes thereto) of such Person in accordance with GAAP.

          “Capitalized Software Expenditures” means, for any period, the aggregate of all expenditures
(whether paid in cash or accrued as liabilities) by the Borrower and the Restricted Subsidiaries
during such period in respect of purchased software or internally developed software and software
enhancements that, in conformity with GAAP, are or are required to be reflected as capitalized
costs on the consolidated balance sheet of the Borrower and the Restricted Subsidiaries.

          “Cash Collateral” has the meaning specified in Section 2.03(g).

          “Cash Collateral Account” means a blocked account at DBTCA (or another commercial bank
selected in compliance with Section 9.09) in the name of the Administrative Agent and under the
sole dominion and control of the Administrative Agent, and otherwise established in a manner
reasonably satisfactory to the Administrative Agent.

          “Cash Collateralize” has the meaning specified in Section 2.03(g).

          “Cash Equivalents” means any of the following types of Investments, to the extent owned by the
Borrower or any Restricted Subsidiary:

     (a) Dollars, Canadian dollars or, in the case of any Foreign Subsidiary, such local
currencies held by it from time to time in the ordinary course of business;

     (b) readily marketable obligations issued or directly and fully guaranteed or insured
by the government or any agency or instrumentality of (i) the United States or any agency or
instrumentality thereof having average maturities of not more than 12 months from the date
of acquisition thereof; provided that the full faith and credit of the United States is
pledged in support thereof;

     (c) time deposits with, or insured certificates of deposit or bankers’ acceptances of,
any commercial bank that (i) is a Lender or (ii) (A) is organized under
the Laws of the United States, any state thereof, the District of Columbia or any
member nation of the Organization for Economic Cooperation and Development or is the
principal banking Subsidiary of a bank holding company organized under the Laws of the
United States, any state thereof, the District of Columbia or any member nation of the
Organization for Economic Cooperation and Development, and is a member of the

-7-

 

Federal
Reserve System, and (B) has combined capital and surplus of at least $250,000,000 (any such
bank in the foregoing clauses (i) or (ii) being an “Approved Bank”), in each case with
average maturities of not more than 12 months from the date of acquisition thereof;

     (d) commercial paper and variable or fixed rate notes issued by an Approved Bank (or by
the parent company thereof) or any variable or fixed rate note issued by, or guaranteed by,
a Person rated A-2 (or the equivalent thereof) or better by S&P or P-2 (or the equivalent
thereof) or better by Moody’s (or, if any time neither S&P nor Moody’s shall be rating such
obligations, then an equivalent rating from another nationally recognized rating service),
in each case with average maturities of not more than 12 months from the date of acquisition
thereof;

     (e) repurchase obligations for underlying securities of the types described in (b), (c)
and (d) above entered into with any Approved Bank or recognized securities dealer having
capital and surplus in excess of $250,000,000;

     (f) securities with average maturities of 12 months or less from the date of
acquisition issued or fully guaranteed by any state, commonwealth or territory of the United
States, by any political subdivision or taxing authority of any such state, commonwealth or
territory or by any foreign government having an investment grade rating from either S&P or
Moody’s (or, if any time neither S&P nor Moody’s shall be rating such obligations, then an
equivalent rating from another nationally recognized rating service);

     (g) marketable short-term money market and similar securities with average maturities
of 12 months or less from the date of acquisition having a rating of at least A-2 or P-2
from either S&P or Moody’s (or, if any time neither S&P nor Moody’s shall be rating such
obligations, then an equivalent rating from another nationally recognized rating service);
and

     (h) Investments, classified in accordance with GAAP as current assets of the Borrower
or any Restricted Subsidiary, in money market investment programs which are registered under
the Investment Company Act of 1940 or which are administered by financial institutions
having capital of at least $250,000,000, and, in either case, the portfolios of which are
limited such that substantially all of such investments are of the character, quality and
maturity described in clauses (a) through (g) of this definition; and

     (i) in the case of a Foreign Subsidiary, substantially similar investments of the type
described above denominated in foreign currencies and from similarly capitalized and rated
foreign banks in the jurisdiction in which such Foreign Subsidiary is organized.

          “Cash Management Bank” means any Person that is a Lender or an Affiliate of a Lender at the
time it provides any Cash Management Services and such Person’s successors and permitted assigns.

-8-

 

          “Cash Management Obligations” means obligations owed by Holdings, the Borrower or any
Restricted Subsidiary to any Cash Management Bank in connection with, or in respect of, any Cash
Management Services.

          “Cash Management Services” means treasury, depository and cash management services and any
automated clearing house fund transfer services.

          “Casualty Event” means any event that gives rise to the receipt by Holdings, the Borrower or
any Restricted Subsidiary of any insurance proceeds or condemnation awards in respect of any
equipment, fixed assets or real property (including any improvements thereon) to replace or repair
such equipment, fixed assets or real property.

          “CERCLA” means the Comprehensive Environmental Response, Compensation and Liability Act of
1980, as subsequently amended.

          “CERCLIS” means the Comprehensive Environmental Response, Compensation and Liability
Information System maintained by the U.S. Environmental Protection Agency.

          “Change of Control” means the earliest to occur of (a) the Permitted Holders ceasing to have
the power, directly or indirectly, to vote or direct the voting of securities having a majority of
the ordinary voting power for the election of directors of Holdings; provided that the occurrence
of the foregoing event shall not be deemed a Change of Control if,

     (i) any time prior to the consummation of a Qualifying IPO, and for any reason
whatsoever, (A) the Permitted Holders otherwise have the right, directly or indirectly, to
designate (and do so designate) a majority of the board of directors of Holdings or (B) the
Permitted Holders own, directly or indirectly, of record and beneficially an amount of
common stock of Holdings equal to an amount more than fifty percent (50%) of the amount of
common stock of Holdings owned, directly or indirectly, by the Permitted Holders of record
and beneficially as of the Closing Date and such ownership by the Permitted Holders
represents the largest single block of voting securities of Holdings held by any Person or
related group for purposes of Section 13(d) of the Exchange Act, or

     (ii) at any time after the consummation of a Qualifying IPO, and for any reason
whatsoever, (A) no “person” or “group” (as such terms are used in Sections 13(d) and 14(d)
of the Exchange Act, but excluding any employee benefit plan of such person and its
Subsidiaries, and any Person acting in its capacity as trustee, agent or other fiduciary or
administrator of any such plan), excluding the Permitted Holders, shall become the
“beneficial owner” (as defined in Rules 13(d)-3 and 13(d)-5 under such Act), directly or
indirectly, of more than the greater of (x) thirty-five percent (35%) of the shares
outstanding of Holdings and (y) the percentage of the then outstanding voting stock of
Holdings owned, directly or indirectly, beneficially by the Permitted Holders,
and (B) during each period of twelve (12) consecutive months, the board of directors of
Holdings shall consist of a majority of the Continuing Directors; or

          (b) any “Change of Control” (or any comparable term) in any document pertaining to (i) the
Senior Subordinated Notes or Indebtedness which constitutes a Permitted

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Refinancing thereof, (ii)
any Holdings Permitted Debt, or (iii) any other Junior Financing with an aggregate outstanding
principal amount in excess of the Threshold Amount; or

          (c) at any time prior to a Qualifying IPO of the Borrower, the Borrower ceasing to be a
directly or indirectly wholly owned Subsidiary of Holdings.

          “Class” (a) when used with respect to Lenders, refers to whether such Lenders are Revolving
Credit Lenders or Term Lenders, (b) when used with respect to Commitments, refers to whether such
Commitments are Revolving Credit Commitments or Term Commitments and (c) when used with respect to
Loans or a Borrowing, refers to whether such Loans, or the Loans comprising such Borrowing, are
Revolving Credit Loans or Term Loans.

          “Closing Date” means the first date all the conditions precedent in Section 4.01 are satisfied
or waived in accordance with Section 4.01.

          “Closing Date Material Adverse Effect” means (i) a material adverse effect on the business,
assets, liabilities, properties, results of operations or financial condition of the Target and its
Subsidiaries (taken as a whole) or (ii) a material adverse effect on the ability of the Target to
consummate the transactions contemplated by the Merger Agreement, in each case, other than an
effect resulting from an Excluded Matter.

          “Code” means the U.S. Internal Revenue Code of 1986, as amended, and rules and regulations
related thereto.

          “Collateral” means all the “Collateral” as defined in any Collateral Document and shall
include the Mortgaged Properties.

          “Collateral Agent” means DBTCA, in its capacity as collateral agent under any of the Loan
Documents, or any successor administrative agent.

          “Collateral and Guarantee Requirement” means, at any time, the requirement that, subject to
any applicable limitations set forth herein or in any Collateral Document:

     (a) the Administrative Agent shall have received each Collateral Document required to
be delivered on the Closing Date pursuant to Section 4.01(a)(iii) or pursuant to Section
6.11 at such time, duly executed by each Loan Party thereto;

     (b) all Obligations shall have been unconditionally guaranteed by Holdings, the
Borrower (in the case of Obligations under clauses (y) and (z) of the first sentence of the
definition thereof) and each Restricted Subsidiary that is a Domestic Subsidiary and not an
Excluded Subsidiary;

     (c) all guarantees issued or to be issued in respect of the Senior Subordinated Notes
(i) shall be subordinated to the Guarantees to the same extent that the Senior Subordinated
Notes are subordinated to the Obligations and (ii) shall provide for their automatic release
upon a release of the corresponding Guarantee;

-10-

 

     (d) the Obligations and the Guarantees shall have been secured by a first-priority
security interest in (i) all the Equity Interests of the Borrower and (ii) all of the Equity
Interests of each wholly owned Subsidiary directly owned by the Borrower or any Guarantor
(other than the Equity Interests of any Unrestricted Subsidiary); provided that pledges of
Equity Interests of each Foreign Subsidiary shall be limited to 65% of the issued and
outstanding Equity Interests of such Foreign Subsidiary at any time;

     (e) except to the extent otherwise permitted hereunder or under any Collateral
Document, the Obligations and the Guarantees shall have been secured by a security interest
in, and mortgages on, substantially all tangible and intangible assets of Holdings, the
Borrower and each other Guarantor (including accounts (other than bank deposit accounts),
inventory, equipment, investment property, contract rights, intellectual property, other
general intangibles, owned (but not leased) real property and proceeds of the foregoing), in
each case, with the priority required by the Collateral Documents; provided that security
interests in real property shall be limited to the Mortgaged Properties;

     (f) none of the Collateral shall be subject to any Liens other than Liens permitted by
Section 7.01; and

     (g) the Collateral Agent shall have received (i) counterparts of a Mortgage with
respect to each owned property described on Schedule 1.01F hereto or required to be
delivered pursuant to Section 6.11 (the “Mortgaged Properties”) duly executed and delivered
by the record owner of such property, (ii) a policy or policies of title insurance issued by
a nationally recognized title insurance company insuring the Lien of each such Mortgage as a
valid first priority Lien (subject to prior Liens permitted by Section 7.01) on the property
described therein, free of any other Liens except as expressly permitted by Section 7.01,
together with such endorsements, coinsurance and reinsurance as the Administrative Agent may
reasonably request, (iii) such existing surveys, existing abstracts, existing appraisals,
legal opinions and other documents as the Administrative Agent may reasonably request with
respect to any such Mortgaged Property and (iv) flood certificates covering each Mortgaged
Property in form and substance acceptable to the Collateral Agent, certified to the
Collateral Agent in its capacity as such and certifying whether or not each such Mortgaged
Property is located in a flood hazard zone by reference to the applicable FEMA map.

          The foregoing definition shall not require the creation or perfection of pledges of or
security interests in, or the obtaining of title insurance or surveys with respect to, particular
assets if and for so long as, in the reasonable judgment of the Collateral Agent (confirmed in
writing by notice to the Borrower), the cost of creating or perfecting such pledges or security
interests in such assets or obtaining title insurance or surveys in respect of such assets shall be
excessive in view of the benefits to be obtained by the Lenders therefrom. The Collateral Agent
may grant extensions of time for the perfection of security interests in or the obtaining of
title insurance with respect to particular assets (including extensions beyond the Closing Date for
the perfection of security interests in the assets of the Loan Parties on such date) where it
reasonably determines, in consultation with the Borrower, that perfection cannot be accomplished
without

-11-

 

undue effort or expense by the time or times at which it would otherwise be required by
this Agreement or the Collateral Documents.

          Notwithstanding the foregoing provisions of this definition or anything in this Agreement or
any other Loan Document to the contrary, Liens required to be granted from time to time pursuant to
the Collateral and Guarantee Requirement shall be subject to exceptions and limitations set forth
in the Collateral Documents as in effect on the Closing Date and, to the extent appropriate in the
applicable jurisdiction, as agreed between the Collateral Agent and the Borrower.

          “Collateral Documents” means, collectively, the Security Agreement, the Intellectual Property
Security Agreement, the Mortgages, each of the mortgages, collateral assignments, Security
Agreement Supplements, security agreements, pledge agreements or other similar agreements delivered
to the Collateral Agent and the Lenders pursuant to Section 6.11 or Section 6.13 and each of the
other agreements, instruments or documents that creates or purports to create a Lien in favor of
the Collateral Agent for the benefit of the Secured Parties, an L/C Issuer for its benefit or the
Administrative Agent for the benefit of the L/C Issuer and any Lenders.

          “Commitment” means a Term Commitment or a Revolving Credit Commitment, as the context may
require.

          “Compensation Period” has the meaning specified in Section 2.12(c)(ii).

          “Compliance Certificate” means a certificate substantially in the form of Exhibit D.

          “Consolidated EBITDA” means, for any period, the Consolidated Net Income for such period,
plus:

     (a) without duplication and to the extent already deducted (and not added back) in
arriving at such Consolidated Net Income, the sum of the following amounts for such period:

     (i) total interest expense and, to the extent not reflected in such total
interest expense, any losses on hedging obligations or other derivative instruments
entered into for the purpose of hedging interest rate risk, net of interest income
and gains on such hedging obligations, and costs of surety bonds in connection with
financing activities,

     (ii) provision for taxes based on income, profits or capital of the Borrower
and the Restricted Subsidiaries, including state, franchise and similar taxes and
foreign withholding taxes paid or accrued during such period,

     (iii) depreciation and amortization (including amortization of Capitalized
Software Expenditures and amortization of deferred financing fees),

     (iv) Non-Cash Charges,

-12-

 

     (v) (x) extraordinary losses and unusual or non-recurring cash charges,
severance, relocation costs and curtailments or modifications to pension and post
retirement employee benefit plans and (y) cash restructuring charges, accruals or
reserves (including restructuring costs related to acquisitions after the date
hereof and to closure/consolidation of facilities), provided that the aggregate
amount of all additions to Consolidated Net Income for any fiscal year of the
Borrower made pursuant to this clause (v) shall not exceed $6,000,000 (it being
understood that such adjustments and additions may be incremental to (though not
duplicative of) any Pro Forma Adjustments included in Consolidated EBITDA for such
period as a result of the application of clause (C) of the proviso following clause
(b) below),

     (vi) any deferred compensation payments paid to option holders of Holdings or
the Borrower in connection with any recapitalization; provided that the aggregate
amount added back pursuant to this clause (vi) for any fiscal year shall not exceed
$1,000,000.

     (vii) any deductions attributable to minority interests,

     (viii) the amount of expenses paid to the Sponsors (including any amortization
thereof) related to management, monitoring, consulting or advisory activities,
provided that the aggregate amount of all additions to Consolidated Net Income for
any fiscal year of the Borrower made pursuant to this clause (viii) shall not exceed
$1,000,000,

     (ix) any costs or expenses (excluding Non-Cash Charges) incurred by Holdings,
the Borrower or a Restricted Subsidiary pursuant to any management equity plan or
stock option plan or any other management or employee benefit plan or agreement or
any stock subscription or shareholder agreement, to the extent that such costs or
expenses are funded with cash proceeds contributed to the capital of Holdings or the
Borrower or net cash proceeds of an issuance of Equity Interests of Holdings or the
Borrower (in each case, other than Disqualified Equity Interests),

     (x) losses on asset sales,

     (xi) the amount of net cost savings projected by the Borrower in good faith to
be realized as a result of specified actions taken during such period in connection
with the Transaction (calculated on a pro forma basis as though such cost savings
had been realized on the first day of such period), net of the amount of actual
benefits realized during such period from such actions, provided that (A) such cost
savings are reasonably identifiable and factually supportable, (B) such actions are
taken within 12 months after the Closing Date, (C) no cost savings shall be added
pursuant to this clause (xi) to the extent duplicative of any
expenses or charges relating to such cost savings that are included in clause
(v) above with respect to such period and (D) the aggregate amount of cost savings
added pursuant to this clause (xi) shall not exceed $10,000,000 for any period
consisting of four consecutive quarters, less

-13-

 

     (b) without duplication and to the extent included in arriving at such Consolidated Net
Income, the sum of the following amounts for such period:

     (i) extraordinary and unusual or non-recurring cash gains,

     (ii) non-cash gains (excluding any non-cash gain to the extent it represents
the reversal of an accrual or reserve for a potential cash item that reduced
Consolidated Net Income in any prior period),

     (iii) gains on asset sales (other than asset sales in the ordinary course of
business),

     (iv) any net after-tax income from the early extinguishment of Indebtedness or
hedging obligations or other derivative instruments, and

     (v) all one-time gains from investments recorded using the equity method,

in each case, as determined on a consolidated basis for the Borrower and the Restricted
Subsidiaries in accordance with GAAP; provided that, to the extent included in Consolidated Net
Income,

     (A) there shall be excluded in determining Consolidated EBITDA currency
translation gains and losses related to currency remeasurements of Indebtedness
(including the net loss or gain resulting from Swap Contracts for currency exchange
risk),

     (B) there shall be excluded in determining Consolidated EBITDA for any period
any adjustments resulting from the application of Statement of Financial Accounting
Standards No. 133,

     (C) there shall be included in determining Consolidated EBITDA for any period,
without duplication, (i) the Acquired EBITDA of any Person, property, business or
asset acquired by the Borrower or any Restricted Subsidiary during such period
(including pursuant to the Merger and the Secondary Merger, but not the Acquired
EBITDA of any related Person, property, business or assets to the extent not so
acquired), to the extent not subsequently sold, transferred or otherwise disposed by
the Borrower or such Restricted Subsidiary (each such Person, property, business or
asset acquired and not subsequently so disposed of, an “Acquired Entity or
Business”), and the Acquired EBITDA of any Unrestricted Subsidiary that is converted
into a Restricted Subsidiary (each, a “Converted Restricted Subsidiary”), in each
case, based on the actual Acquired EBITDA of such Acquired Entity or Business or
Converted Restricted Subsidiary
for such period (including the portion thereof occurring prior to such
acquisition or conversion) and (ii) for the purposes of the definition of the term
“Permitted Acquisition” and Sections 7.02(i)(D)(1), 7.02(n), 7.03(h), 7.04, 7.06(i),
7.11 and 7.13(a), an adjustment in respect of each Acquired Entity or Business or
Converted Restricted Subsidiary (other than in connection with the Merger and

-14-

 

the
Secondary Merger) equal to the amount of the Pro Forma Adjustment with respect to
such Acquired Entity or Business or Converted Restricted Subsidiary for such period
(including the portion thereof occurring prior to such acquisition) as specified in
a certificate executed by a Responsible Officer and delivered to the Administrative
Agent (for further delivery to the Lenders),and

     (D) for purposes of determining the Total Leverage Ratio, the Interest Coverage
Ratio or Consolidated EBITDA for purposes of Section 2.05(b)(i) only, there shall be
excluded in determining Consolidated EBITDA for any period the Disposed EBITDA of
any Person, property, business or asset sold, transferred or otherwise disposed of,
closed or classified as discontinued operations by the Borrower or any Restricted
Subsidiary during such period (each such Person, property, business or asset so sold
or disposed of, a “Sold Entity or Business”), based on the actual Disposed EBITDA of
such Sold Entity or Business for such period (including the portion thereof
occurring prior to such sale, transfer or disposition).

For the purpose of the definition of Consolidated EBITDA, “Non-Cash Charges” means (a) non-cash
losses on asset sales, disposals or abandonments, (b) any non-cash impairment charge or asset
write-off related to intangible assets, long-lived assets, and investments in debt and equity
securities pursuant to GAAP, (c) all non-cash losses from investments recorded using the equity
method, (d) non-cash stock-based awards compensation expense, and (e) other non-cash charges
(provided that if any non-cash charges referred to in this clause (e) represent an accrual or
reserve for potential cash items in any future period, the cash payment in respect thereof in such
future period shall be subtracted from Consolidated EBITDA to such extent, and excluding
amortization of a prepaid cash item that was paid in a prior period).

          “Consolidated Interest Expense” means, for any period, the sum of (i) the cash interest
expense (including that attributable to Capitalized Leases), net of cash interest income, of the
Borrower and the Restricted Subsidiaries, determined on a consolidated basis in accordance with
GAAP, with respect to all outstanding Indebtedness of the Borrower and the Restricted Subsidiaries
(other than the Existing Floating Notes and any Indebtedness incurred in connection with the
Borrower’s existing customer leasing operations, so long as (x) the aggregate amount of such
Indebtedness does not exceed $200,000 and (y) any recourse of the holder of such Indebtedness is
limited to the assets subject to the respective lease), including all commissions, discounts and
other fees and charges owed with respect to letters of credit and bankers’ acceptance financing and
net costs under Swap Contracts and (ii) any cash payments made during such period in respect of
obligations referred to in clause (b) below relating to Funded Debt that were amortized or accrued
in a previous period (other than any such obligations resulting from the discounting of
Indebtedness in connection with the application of purchase accounting in connection with the
Transaction or any Permitted Acquisition) but excluding, however, (a) amortization of deferred
financing costs, debt issuance costs,
commissions, fees and expenses and any other amounts of non-cash interest, (b) the accretion
or accrual of discounted liabilities during such period, (c) any interest in respect of items
excluded from Indebtedness in the proviso to the definition thereof, (d) non-cash interest expense
attributable to the movement of the mark-to-market valuation of obligations under Swap Contracts or
other derivative instruments pursuant to Statement of Financial Accounting

-15-

 

Standards No. 133, (e)
any one-time cash costs associated with breakage in respect of Swap Contracts for interest rates,
(f) all non-recurring cash interest expense consisting of liquidated damages for failure to timely
comply with registration rights obligations and financing fees, all as calculated on a consolidated
basis in accordance with GAAP; provided that (a) except as provided in clause (b) below, there
shall be excluded from Consolidated Interest Expense for any period the cash interest expense (or
income) of all Unrestricted Subsidiaries for such period to the extent otherwise included in
Consolidated Interest Expense, (b) for purposes of the definition of the term “Permitted
Acquisition” and Sections 7.02(i)(D)(1), 7.02(n), 7.03(h), 7.04, 7.06(i), 7.11 and 7.13(a), there
shall be included in determining Consolidated Interest Expense for any period the cash interest
expense (or income) of any Acquired Entity or Business acquired during such period and of any
Converted Restricted Subsidiary converted during such period, in each case based on the cash
interest expense (or income) relating to any Indebtedness incurred or assumed as part of an
acquisition of an Acquired Entity or Business or as part of the conversion of a Converted
Restricted Subsidiary for such period (including the portion thereof occurring prior to such
acquisition or conversion) assuming any Indebtedness incurred or repaid in connection with any such
acquisition or conversion had been incurred or repaid on the first day of such period and (c) for
purposes of the definition of the term “Permitted Acquisition” and Sections 7.02(i)(D)(1), 7.02(n),
7.03(h), 7.04, 7.06(i), 7.11 and 7.13(a), there shall be excluded from determining Consolidated
Interest Expense for any period the cash interest expense (or income) of any Sold Entity or
Business disposed of during such period, based on the cash interest expense (or income) relating to
any Indebtedness relieved, retired or repaid in connection with any such disposition of such Sold
Entity or Business for such period (including the portion thereof occurring prior to such disposal)
assuming such debt relieved, retired or repaid in connection with such disposition had been
relieved, retired or repaid on the first day of such period. Notwithstanding anything to the
contrary contained herein, for purposes of determining Consolidated Interest Expense for any period
ending prior to the first anniversary of the Closing Date, Consolidated Interest Expense shall be
an amount equal to actual Consolidated Interest Expense from the Closing Date through the date of
determination multiplied by a fraction the numerator of which is 365 and the denominator of which
is the number of days from the Closing Date through the date of determination.

          “Consolidated Lease Expense” means, for any period, all rental expenses of the Borrower and
the Restricted Subsidiaries during such period under operating leases for real or personal property
(including in connection with sale-leaseback transactions permitted by Section 7.05(f)), excluding
real estate taxes, insurance costs and common area maintenance charges and net of sublease income,
other than (a) obligations under vehicle leases entered into in the ordinary course of business,
(b) all such rental expenses associated with assets acquired pursuant to a Permitted Acquisition to
the extent such rental expenses relate to operating leases in effect at the time of (and
immediately prior to) such acquisition and related to periods prior to such acquisition and (c) all
obligations under Capitalized Leases, all as determined on a consolidated basis in accordance with
GAAP.

          “Consolidated Net Income” means, for any period, the net income (loss) of the Borrower and the
Restricted Subsidiaries for such period determined on a consolidated basis in accordance with GAAP,
excluding, without duplication, (a) extraordinary items for such period, (b) the cumulative effect
of a change in accounting principles during such period to the extent included in Consolidated Net
Income, (c) in the case of any period that includes a period ending

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prior to or during the fiscal
year ending March 31, 2007, Transaction Expenses, (d) any fees and expenses incurred during such
period, or any amortization thereof for such period, in connection with any acquisition,
investment, asset disposition, issuance or repayment of debt, issuance of equity securities,
refinancing transaction or amendment or other modification of any debt instrument (in each case,
including any such transaction consummated prior to the Closing Date and any such transaction
undertaken but not completed), (e) any income (loss) for such period attributable to the early
extinguishment of Indebtedness, Swap Contracts or other derivative instruments and (f) accruals and
reserves that are established within twelve months after the Closing Date that are so required to
be established as a result of the Transaction in accordance with GAAP. There shall be excluded
from Consolidated Net Income for any period the purchase accounting effects of adjustments to
property and equipment, software and other intangible assets and deferred revenue in component
amounts required or permitted by GAAP and related authoritative pronouncements (including the
effects of such adjustments pushed down to Holdings, the Borrower and the Restricted Subsidiaries),
as a result of the Transaction, any acquisition consummated prior to the Closing Date, any
Permitted Acquisitions, or the amortization or write-off of any amounts thereof.

          “Consolidated Total Assets” means, as of any date of determination, the total amount of all
assets of the Borrower and the Restricted Subsidiaries, determined on a consolidated basis in
accordance with GAAP as of such date.

          “Consolidated Total Debt” means, as of any date of determination, (a) the aggregate principal
amount of indebtedness of the Borrower and the Restricted Subsidiaries outstanding on such date,
determined on a consolidated basis in accordance with GAAP (but excluding the effects of any
discounting of indebtedness resulting from the application of purchase accounting in connection
with the Transaction or any Permitted Acquisition), consisting of indebtedness for borrowed money
(other than the Existing Floating Notes and any Indebtedness incurred in connection with the
Borrower’s existing customer leasing operations, so long as (x) the aggregate amount of such
Indebtedness does not exceed $200,000 and (y) any recourse of the holder of such Indebtedness is
limited to the assets subject to the respective lease), obligations in respect of Capitalized
Leases and debt obligations evidenced by promissory notes or similar instruments, minus (b)
the aggregate amount of cash and Cash Equivalents (in each case, free and clear of all Liens, other
than nonconsensual Liens permitted by Section 7.01 and Liens permitted by Sections 7.01(a) and
7.01(s) and clauses (i) and (ii) of Section 7.01(u)) in excess of $7,500,000 included in the
consolidated balance sheet of the Borrower and the Restricted Subsidiaries as of such date.

          “Consolidated Working Capital” means, at any date, the excess of (a) the sum of all amounts
(other than cash and Cash Equivalents) that would, in conformity with GAAP, be set forth opposite
the caption “total current assets” (or any like caption) on a consolidated balance sheet of the
Borrower and the Restricted Subsidiaries at such date over (b) the sum of all amounts that would,
in conformity with GAAP, be set forth opposite the caption “total current
liabilities” (or any like caption) on a consolidated balance sheet of the Borrower and the
Restricted Subsidiaries on such date, including any deferred revenue classified as long-term on any
such consolidated balance sheet, but excluding, without duplication, (i) the current portion of any
Funded Debt, (ii) all Indebtedness consisting of Loans and L/C Obligations to the extent

-17-

 

otherwise
included therein, (iii) the current portion of interest and (iv) the current portion of current and
deferred income taxes.

          “Continuing Directors” means the directors of Holdings on the Closing Date, as elected or
appointed after giving effect to the Merger and the Secondary Merger and the other transactions
contemplated hereby, and each other director, if, in each case, such other directors’ nomination
for election to the board of directors of Holdings (or the Borrower after a Qualifying IPO of the
Borrower) is recommended by a majority of the then Continuing Directors or such other director
receives the vote of the Permitted Holders in his or her election by the stockholders of Holdings
(or the Borrower after a Qualifying IPO of the Borrower).

          “Contract Consideration” has the meaning set forth in the definition of “Excess Cash Flow”.

          “Contractual Obligation” means, as to any Person, any provision of any security issued by such
Person or of any agreement, instrument or other undertaking to which such Person is a party or by
which it or any of its property is bound.

          “Control” has the meaning specified in the definition of “Affiliate”.

          “Converted Restricted Subsidiary” has the meaning specified in the definition of “Consolidated
EBITDA”.

          “Credit Extension” means each of the following: (a) a Borrowing and (b) an L/C Credit
Extension.

          “DBSI” means Deutsche Bank Securities Inc., in its individual capacity and any successor
thereto by merger, consolidation or otherwise.

          “DBTCA” means Deutsche Bank Trust Company Americas, in its individual capacity and any
successor thereto by merger, consolidation or otherwise.

          “Debt Issuance” means the issuance or incurrence by any Person and its Subsidiaries of any
Indebtedness for borrowed money.

          “Debtor Relief Laws” means the Bankruptcy Code of the United States, and all other
liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium,
rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the
United States or other applicable jurisdictions from time to time in effect and affecting the
rights of creditors generally.

          “Default” means any event or condition that constitutes an Event of Default or that, with the
giving of any notice, the passage of time, or both, would be an Event of Default.

          “Default Rate” means an interest rate equal to (a) the Base Rate plus (b) the Applicable Rate,
if any, applicable to Base Rate Loans plus (c) 2.0% per annum; provided that with respect to a
Eurocurrency Rate Loan, the Default Rate shall be an interest rate equal to the

-18-

 

interest rate
(including any Applicable Rate) otherwise applicable to such Loan plus 2.0% per annum, in each
case, to the fullest extent permitted by applicable Laws.

          “Defaulting Lender” means any Lender that (a) has failed to fund any portion of the Term
Loans, Revolving Credit Loans, participations in L/C Obligations or participations in Swing Line
Loans required to be funded by it hereunder within one (1) Business Day of the date required to be
funded by it hereunder, unless the subject of a good faith dispute or subsequently cured, (b) has
otherwise failed to pay over to the Administrative Agent or any other Lender any other amount
required to be paid by it hereunder within one (1) Business Day of the date when due, unless the
subject of a good faith dispute or subsequently cured, (c) has been deemed insolvent or become the
subject of a bankruptcy or insolvency proceeding or (d) has notified the Borrower and/or the
Administrative Agent in writing of any of the foregoing (including any written notification of its
intent not to comply with its obligations under Article 2).

          “Designated Non-Cash Consideration” means the Fair Market Value of non-cash consideration
received by the Borrower or a Restricted Subsidiary in connection with a Disposition pursuant to
Section 7.05(k) that is designated as Designated Non-Cash Consideration pursuant to a certificate
of a Responsible Officer, setting forth the basis of such valuation (which amount will be reduced
by the Fair Market Value of the portion of the non-cash consideration converted to cash or Cash
Equivalents within 180 days following the consummation of the applicable Disposition).

          “Disposed EBITDA” means, with respect to any Sold Entity or Business for any period, the
amount for such period of Consolidated EBITDA (and the component financial definitions used
therein) of such Sold Entity or Business (determined as if references to the Borrower and the
Restricted Subsidiaries in the definition of Consolidated EBITDA were references to such Sold
Entity or Business and its Subsidiaries), all as determined on a consolidated basis for such Sold
Entity or Business.

          “Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition
(including any sale and leaseback transaction and any sale of Equity Interests) of any property by
any Person, including any sale, assignment, transfer or other disposal, with or without recourse,
of any notes or accounts receivable or any rights and claims associated therewith; provided that
“Disposition” and “Dispose” shall not be deemed to include any issuance by Holdings (or, after a
Qualified IPO, the Borrower) of any of its Equity Interests to another Person.

          “Disqualified Equity Interests” means any Equity Interest which, by its terms (or by the terms
of any security or other Equity Interests into which it is convertible or for which it is
exchangeable), or upon the happening of any event or condition (a) matures or is mandatorily
redeemable (other than solely for Qualified Equity Interests), pursuant to a sinking fund
obligation or otherwise (except as a result of a change of control or asset sale, so long as any
rights of the holders thereof upon the occurrence of a change of control or asset sale event shall
be subject to the prior repayment in full of the Loans and all other Obligations that are
accrued and payable and the termination of the Commitments), (b) is redeemable at the option
of the holder thereof (other than solely for Qualified Equity Interests and other than as a result
of a change of control or asset sale, so long as any rights of the holders thereof upon the
occurrence

-19-

 

of a change of control or asset sale event shall be subject to the prior repayment in
full of the Loans and all other Obligations that are accrued and payable and the termination of the
Commitments), in whole or in part, (c) provides for the scheduled payments of dividends in cash, or
(d) is or becomes convertible into or exchangeable for Indebtedness or any other Equity Interests
that would constitute Disqualified Equity Interests, in each case, prior to the date that is
ninety-one (91) days after the Maturity Date of the Term Loans; provided that if such Equity
Interests are issued to a plan for the benefit of employees of Holdings, the Borrower or its
Subsidiaries or by any such plan to such employees, such Equity Interests shall not constitute
Disqualified Equity Interests solely because it may be required to be repurchased by Holdings, the
Borrower or its Subsidiaries in order to satisfy applicable statutory or regulatory obligations.

          “Documentation Agent” means Lehman Commercial Paper Inc.

          “Dollar” and “$” mean lawful money of the United States.

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

          “Eligible Assignee” means any Assignee permitted by and consented to in accordance with
Section 10.07(b).

          “Environmental Laws” means any and all applicable Federal, state, local, and foreign statutes,
Laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants,
franchises, licenses, agreements or governmental restrictions relating to pollution, the protection
of the environment, natural resources, or, to the extent relating to exposure to Hazardous
Materials, human health or to the release of any toxic or hazardous materials into the environment,
including those related to hazardous substances or wastes, air emissions and discharges of waste to
public systems.

          “Environmental Liability” means any liability, contingent or otherwise (including any
liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the
Borrower, any other Loan Party or any of their respective Subsidiaries directly or indirectly
resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use,
handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure
to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into
the environment or (e) any contract, agreement or other consensual arrangement pursuant to which
liability is assumed or imposed with respect to any of the foregoing.

          “Environmental Permit” means any permit, approval, identification number, license or other
authorization required under any Environmental Law.

          “Equity Contributions” means, collectively, (a) the contribution by the Equity Investors of
cash to Holdings, (b) the after-tax cash proceeds that Management Stockholders otherwise would be
entitled to receive from Target in connection with the Merger that such
Management Stockholders agree on or prior to the Closing Date to apply to the purchase of
Equity Interests of Holdings, (c) the aggregate spread value (i.e., with respect to each option to
acquire common stock of Target, the product of (i) the excess, if any, of the per share exercise

-20-

 

price of such option over the Merger Consideration per share of Target common stock, multiplied by
(ii) the number of shares of Target common stock subject to such option) at the closing of the
Merger of options to acquire common stock of Target held by Management Stockholders that such
Management Stockholders agree on or prior to the Closing Date will be retained by such Management
Stockholders in connection with the Transaction (in lieu of the cancellation thereof and the
payment of the aggregate spread value to such Management Stockholders in connection with the
Merger) and thereafter represent options to acquire Equity Interests of Holdings and (d) the
further contribution by Holdings to the Borrower of any portion of the cash contribution proceeds
not directly received by the Borrower or used by Holdings to pay Transaction Expenses.

          “Equity Interests” means, with respect to any Person, all of the shares, interests, rights,
participations or other equivalents (however designated) of capital stock of (or other ownership or
profit interests or units in) such Person and all of the warrants, options or other rights for the
purchase, acquisition or exchange from such Person of any of the foregoing (including through
convertible securities).

          “Equity Investors” means the Sponsors and the Management Stockholders.

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

          “ERISA Affiliate” means any trade or business (whether or not incorporated) that is under
common control with any Loan Party within the meaning of Section 414 of the Code or Section 4001 of
ERISA.

          “ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) a withdrawal by
any Loan Party or any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a
plan year in which it was a substantial employer (as defined in Section 4001(a)(2) of ERISA) or a
cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA; (c) a
complete or partial withdrawal by any Loan Party or any ERISA Affiliate from a Multiemployer Plan
or notification that a Multiemployer Plan is in reorganization; (d) the filing of a notice of
intent to terminate, the treatment of a Plan amendment as a termination under Sections 4041 or
4041A of ERISA, or the commencement of proceedings by the PBGC to terminate a Pension Plan or
Multiemployer Plan; (e) an event or condition which constitutes grounds under Section 4042 of ERISA
for the termination of, or the appointment of a trustee to administer, any Pension Plan or
Multiemployer Plan; (f) the imposition of any liability under Title IV of ERISA, other than for
PBGC premiums due but not delinquent under Section 4007 of ERISA, upon any Loan Party or any ERISA
Affiliate; or (g) the failure of any Pension Plan to satisfy the minimum funding standard required
for any plan year or part thereof under Section 412 of the Code or Section 302 of ERISA or a waiver
of such standard or extension of any amortization period is sought or granted under Section 412 of
the Code or Section 303 or 304 of ERISA.

          “Eurocurrency Rate” means (a) the offered quotation to first-class banks in the New York
interbank Eurodollar market by the Administrative Agent for Dollar deposits of amounts in
immediately available funds comparable to the outstanding principal amount of the

-21-

 

Eurocurrency Rate
Loan of the Administrative Agent (in its capacity as a Lender) (or, if the Administrative Agent is
not a Lender with respect thereto, taking the average principal amount of the Eurocurrency Rate
Loan then being made by the various Lenders pursuant thereto)) with maturities comparable to the
Interest Period applicable to such Eurocurrency Rate Loan commencing two Business Days thereafter
as of 10:00 A.M. (New York City time) on the applicable date of determination, divided (and rounded
upward to the nearest 1/16 of 1%) by (b) a percentage equal to 100% minus the then stated maximum
rate of all reserve requirements (including, without limitation, any marginal, emergency,
supplemental, special or other reserves required by applicable law) applicable to any member bank
of the Federal Reserve System in respect of Eurocurrency funding or liabilities as defined in
Regulation D (or any successor category of liabilities under Regulation D).

          “Eurocurrency Rate Loan” means a Loan that bears interest at a rate based on the Eurocurrency
Rate.

          “Event of Default” has the meaning specified in Section 8.01.

          “Excess Cash Flow” means, for any period, an amount equal to the excess of:

     (a) the sum, without duplication, of:

     (i) Consolidated Net Income for such period,

     (ii) an amount equal to the amount of all non-cash charges during such period, to the
extent deducted in arriving at such Consolidated Net Income,

     (iii) decreases in Consolidated Working Capital and long-term account receivables for
such period (other than any such decreases arising from acquisitions by the Borrower and the
Restricted Subsidiaries completed during such period), and

     (iv) an amount equal to the aggregate net non-cash loss on Dispositions by the Borrower
and the Restricted Subsidiaries during such period (other than Dispositions in the ordinary
course of business) to the extent deducted in arriving at such Consolidated Net Income; over

     (b) the sum, without duplication, of:

     (i) an amount equal to the amount of all non-cash credits included in arriving at such
Consolidated Net Income and cash charges included in clauses (a) through (f) of the
definition of Consolidated Net Income,

     (ii) without duplication of amounts deducted pursuant to clause (xi) below in prior
fiscal years, the amount of Capital Expenditures made in cash or accrued during such period
pursuant to Section 7.16), except to the extent that such Capital Expenditures were
financed with the proceeds of Indebtedness of the Borrower or the Restricted
Subsidiaries,

-22-

 

     (iii) the aggregate amount of all principal payments of Indebtedness of the Borrower
and the Restricted Subsidiaries (including (A) the principal component of payments in
respect of Capitalized Leases and (B) the amount of any mandatory prepayment of Term Loans
pursuant to Section 2.05(b)(ii) to the extent required due to a Disposition that resulted in
an increase to Consolidated Net Income and not in excess of the amount of such increase but
excluding (X) all other prepayments of Term Loans and (Y) all prepayments of Revolving
Credit Loans and Swing Line Loans) made during such period (other than in respect of any
revolving credit facility to the extent there is not an equivalent permanent reduction in
commitments thereunder), except to the extent financed with the proceeds of other
Indebtedness of the Borrower or the Restricted Subsidiaries,

     (iv) an amount equal to the aggregate net non-cash gain on Dispositions by the Borrower
and the Restricted Subsidiaries during such period (other than Dispositions in the ordinary
course of business) to the extent included in arriving at such Consolidated Net Income,

     (v) increases in Consolidated Working Capital and long-term account receivables for
such period (other than any such increases arising from acquisitions by the Borrower and the
Restricted Subsidiaries during such period),

     (vi) cash payments by the Borrower and the Restricted Subsidiaries during such period
in respect of long-term liabilities of the Borrower and the Restricted Subsidiaries other
than Indebtedness,

     (vii) without duplication of amounts deducted pursuant to clause (xi) below in prior
fiscal years, the amount of Investments and acquisitions made during such period pursuant to
Section 7.02 (other than Section 7.02(a)) to the extent that such Investments and
acquisitions were financed with internally generated cash flow of the Borrower and the
Restricted Subsidiaries,

     (viii) the amount of Restricted Payments paid during such period pursuant to Section
7.06(f), (g), (h) or (i) to the extent such Restricted Payments were financed with
internally generated cash flow of the Company and the Restricted Subsidiaries,

     (ix) the aggregate amount of expenditures actually made by the Borrower and the
Restricted Subsidiaries in cash during such period (including expenditures for the payment
of financing fees) to the extent that such expenditures are not expensed during such
period,,

     (x) the aggregate amount of any premium, make-whole or penalty payments actually paid
in cash by the Borrower and the Restricted Subsidiaries during such period that are required
to be made in connection with any prepayment of Indebtedness,

     (xi) without duplication of amounts deducted from Excess Cash Flow in prior periods,
the aggregate consideration required to be paid in cash by the Borrower or any of the
Restricted Subsidiaries pursuant to binding contracts (the “Contract Consideration”) entered
into prior to or during such period relating to Permitted Acquisitions or Capital

-23-

 

Expenditures to be consummated or made during the period of four consecutive fiscal quarters
of the Borrower following the end of such period, provided that to the extent the aggregate
amount of internally generated cash actually utilized to finance such Permitted Acquisitions
or Capital Expenditures during such period of four consecutive fiscal quarters is less than
the Contract Consideration, the amount of such shortfall shall be added to the calculation
of Excess Cash Flow at the end of such period of four consecutive fiscal quarters, and

     (xii) the amount of cash taxes paid in such period to the extent they exceed the amount
of tax expense deducted in determining Consolidated Net Income for such period.

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

          “Exchange Rate” means on any day with respect to any currency other than Dollars, the rate at
which such currency may be exchanged into Dollars, as set forth at approximately 11:00 a.m. (London
time) on such day on the Reuters World Currency Page for such currency; in the event that such rate
does not appear on any Reuters World Currency Page, the Exchange Rate shall be determined by
reference to such other publicly available service for displaying exchange rates as may be agreed
upon by the Administrative Agent and the Borrower, or, in the absence of such agreement, such
Exchange Rate shall instead be the arithmetic average of the spot rates of exchange of the
Administrative Agent in the market where its foreign currency exchange operations in respect of
such currency are then being conducted, at or about 10:00 a.m. (New York City time) on such date
for the purchase of Dollars for delivery two Business Days later.

          “Excluded Matter” means any one or more of the following to the extent not specifically
related to or disproportionately impacting the Target or any of its Subsidiaries: (A) the effect
of any change in economies or securities or financial markets in general in the United States or
elsewhere; (B) the effect of any change that generally affects the industry in which the Target and
its Subsidiaries operate; (C) the effect of any change arising in connection with natural disasters
or acts of nature, hostilities, acts of war, sabotage or terrorism or military actions or any
escalation or material worsening of any such hostilities, acts of war, sabotage or terrorism or
military actions existing or underway as of the date hereof; or (D) the effect of any changes in
applicable Laws or accounting rules.

          “Excluded Subsidiary” means (a) any Subsidiary that is not a wholly-owned Subsidiary, (b) each
Subsidiary listed on Schedule 1.01G hereto, (c) any Subsidiary that is prohibited by applicable Law
from guaranteeing the Obligations, (d) any Domestic Subsidiary that is a Subsidiary of a Foreign
Subsidiary and (e) any other Subsidiary with respect to which, in the reasonable judgment of the
Administrative Agent (confirmed in writing by notice to the Borrower), the cost or other
consequences (including any adverse tax consequences) of
providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders
therefrom.

-24-

 

          “Existing Credit Agreement” means the Fourth Amended and Restated Credit Agreement, dated as
of September 13, 2005, among the Target, Opco and JPMorgan Chase Bank, N.A., as administrative
agent.

          “Existing Fixed Notes” means Opco’s 10-1/2% Senior Notes due 2011.

          “Existing Fixed Notes Indenture” means the Indenture for the Existing Fixed Notes, dated as of
June 27, 2003.

          “Existing Floating Notes” means Opco’s Floating Rate Senior Notes due 2010.

          “Existing Floating Notes Indenture” means the Indenture for the Existing Floating Notes, dated
as of March 30, 2005.

          “Existing Letters of Credit” means the letters of credit outstanding on the Closing Date and
set forth on Schedule 1.01E.

          “Existing Opco Notes” means and includes the Existing Fixed Notes and the Existing Floating
Notes.

          “Existing Opco Notes Indenture Amendments” has the meaning specified in Section 4.01(e)(i)(y).

          “Existing Opco Notes Tender Offers and Consent Solicitations” has the meaning specified in
Section 4.01(e)(i)(y).

          “Existing PIK Note Tender Offer and Consent Solicitation” has the meaning specified in Section
4.01(e)(i)(x).

          “Existing PIK Notes” means Target’s Senior Floating Rate PIK Notes due 2011.

          “Existing PIK Notes Indenture” means the Indenture for the Existing PIK Notes, dated as of
October 17, 2005.

          “Existing PIK Notes Indenture Amendments” has the meaning specified in Section 4.01(e)(i)(x).

          “Existing Swap Agreements” means, collectively, each Swap Contract between the Borrower and
Deutsche Bank AG New York Branch, as the Hedge Bank thereunder entered into on, or prior to, the
Closing Date.

          “Existing Tender Offer Notes” means and includes the Existing PIK Notes and the Existing Opco
Notes.

          “Existing Tender Offer Notes Indentures” shall mean and include the Existing PIK Notes
Indenture, the Existing Fixed Notes Indenture and the Existing Floating Notes Indenture.

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          “Existing Tender Offer Notes Indentures Supplements” means the Supplemental Indentures to the
Existing Tender Offer Notes Indentures in form and substance satisfactory to the Agents and entered
into by the Target or Opco, as the case may be, and the respective trustees under the Existing
Tender Offer Notes Indentures in connection with the Tender Offers and Consent Solicitations to
effect the Existing Tender Offer Notes Indenture Amendments.

          “Facility” means the Term Loans, the Revolving Credit Facility, the Swing Line Sublimit or the
Letter of Credit Sublimit, as the context may require.

          “Fair Market Value” means, with respect to any asset or liability, the fair market value of
such asset or liability as determined by the Borrower in good faith; provided that if the fair
market value is equal to or exceeds $20,000,000, such determination shall be made by the Board of
Directors of the Borrower.

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

          “Foreign Casualty Event” has the meaning specified in Section 2.05(b)(ix).

          “Foreign Disposition” has the meaning specified in Section 2.05(b)(ix).

          “Foreign Lender” has the meaning specified in Section 10.15(a)(i).

          “Foreign Subsidiary” means any direct or indirect Restricted Subsidiary of the Borrower which
(a) is not a Domestic Subsidiary or (b) is set forth on Schedule 1.01H.

          “FRB” means the Board of Governors of the Federal Reserve System of the United States or any
successor thereto.

          “Fund” means any Person (other than a natural person) that is engaged in making, purchasing,
holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary
course.

          “Funded Debt” means all indebtedness of the Borrower and the Restricted Subsidiaries for
borrowed money that matures more than one year from the date of its creation or matures within one
year from such date that is renewable or extendable, at the option of such Person, to a date more
than one year from such date or arises under a revolving credit or similar
agreement that obligates the lender or lenders to extend credit during a period of more than
one year from such date, including Indebtedness in respect of the Loans.

-26-

 

          “GAAP” means generally accepted accounting principles in the United States of America, as in
effect from time to time; provided, however, that if the Borrower notifies the Administrative Agent
that the Borrower requests an amendment to any provision hereof to eliminate the effect of any
change occurring after the Closing Date in GAAP or in the application thereof on the operation of
such provision (or if the Administrative Agent notifies the Borrower that the Required Lenders
request an amendment to any provision hereof for such purpose), regardless of whether any such
notice is given before or after such change in GAAP or in the application thereof, then such
provision shall be interpreted on the basis of GAAP as in effect and applied immediately before
such change shall have become effective until such notice shall have been withdrawn or such
provision amended in accordance herewith.

          “Governmental Authority” means any nation or government, any state or other political
subdivision thereof, any agency, authority, instrumentality, regulatory body, court, administrative
tribunal, central bank or other entity exercising executive, legislative, judicial, taxing,
regulatory or administrative powers or functions of or pertaining to government.

          “Granting Lender” has the meaning specified in Section 10.07(h).

          “Guarantee” means, as to any Person, without duplication, (a) any obligation, contingent or
otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any
Indebtedness or other monetary obligation payable or performable by another Person (the “primary
obligor”) in any manner, whether directly or indirectly, and including any obligation of such
Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or
payment of) such Indebtedness or other monetary obligation, (ii) to purchase or lease property,
securities or services for the purpose of assuring the obligee in respect of such Indebtedness or
other monetary obligation of the payment or performance of such Indebtedness or other monetary
obligation, (iii) to maintain working capital, equity capital or any other financial statement
condition or liquidity or level of income or cash flow of the primary obligor so as to enable the
primary obligor to pay such Indebtedness or other monetary obligation, or (iv) entered into for the
purpose of assuring in any other manner the obligee in respect of such Indebtedness or other
monetary obligation of the payment or performance thereof or to protect such obligee against loss
in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any
Indebtedness or other monetary obligation of any other Person, whether or not such Indebtedness or
other monetary obligation is assumed by such Person (or any right, contingent or otherwise, of any
holder of such Indebtedness to obtain any such Lien); provided that the term “Guarantee” shall not
include endorsements for collection or deposit, in either case in the ordinary course of business,
or customary and reasonable indemnity obligations in effect on the Closing Date or entered into in
connection with any acquisition or disposition of assets permitted under this Agreement (other than
such obligations with respect to Indebtedness). The amount of any Guarantee shall be deemed to be
an amount equal to the stated or determinable amount of the related primary obligation, or portion
thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum
reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in
good faith. The term “Guarantee” as a verb has a corresponding meaning.

          “Guarantors” means Holdings, the Borrower and each Subsidiary Guarantor.

-27-

 

          “Guaranty” means, collectively, the Holdings Guaranty, the Borrower Guaranty and the
Subsidiary Guaranty.

          “Guarantee Supplements” has the meaning provided in the Guaranty.

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

          “Hedge Bank” means (x) any Person that is a Lender or an Affiliate of a Lender at the time it
enters into a Secured Hedge Agreement, in its capacity as a party thereto, and such Person’s
successors and permitted assigns and (y) with respect to the Existing Swap Agreements, Deutsche
Bank AG New York Branch and its successors and permitted assigns, in its capacity as the provider
of such Secured Hedge Agreement.

          “Holdings” has the meaning set forth in the introductory paragraph to this Agreement.

          “Holdings Guaranty” means the Holdings Guaranty made by Holdings in favor of the
Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.

          “Honor Date” has the meaning specified in Section 2.03(c)(i).

          “Immaterial Subsidiary” means each Restricted Subsidiary that is not a Material Subsidiary.

          “Incremental Amendment” has the meaning set forth in Section 2.15(a).

          “Incremental Facility Closing Date” has the meaning set forth in Section 2.15(a).

          “Incremental Term Loans” has the meaning set forth in Section 2.15(a).

          “Indebtedness” means, as to any Person at a particular time, without duplication, all of the
following, whether or not included as indebtedness or liabilities in accordance with GAAP:

     (a) all indebtedness of such Person for borrowed money and all indebtedness of such
Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments;

     (b) the maximum amount (after giving effect to any prior drawings or reductions which
may have been reimbursed) of all letters of credit (including standby
and commercial), bankers’ acceptances, bank guaranties, surety bonds, performance bonds
and similar instruments issued or created by or for the account of such Person;

-28-

 

     (c) net obligations of such Person under any Swap Contract;

     (d) all obligations of such Person to pay the deferred purchase price of property or
services (other than (i) trade accounts payable in the ordinary course of business and (ii)
any earn-out obligation until such obligation becomes a liability on the balance sheet of
such Person in accordance with GAAP);

     (e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property
owned or being purchased by such Person (including indebtedness arising under conditional
sales or other title retention agreements and mortgage, industrial revenue bond, industrial
development bond and similar financings), whether or not such indebtedness shall have been
assumed by such Person or is limited in recourse;

     (f) all Attributable Indebtedness;

     (g) all obligations of such Person in respect of Disqualified Equity Interests; and

     (h) all Guarantees of such Person in respect of any of the foregoing;

provided that Indebtedness shall not include trade payables and accrued expenses arising in the
ordinary course of business and consistent with past practices.

          For all purposes hereof, the Indebtedness of any Person shall include the Indebtedness of any
partnership or joint venture (other than a joint venture that is itself a corporation or limited
liability company) in which such Person is a general partner or a joint venturer, except to the
extent such Person’s liability for such Indebtedness is otherwise limited and only to the extent
such Indebtedness would be included in the calculation of Consolidated Total Debt. The amount of
any net obligation under any Swap Contract on any date shall be deemed to be the Swap Termination
Value thereof as of such date. The amount of Indebtedness of any Person for purposes of clause (e)
shall be deemed to be equal to the lesser of (i) the aggregate unpaid amount of such Indebtedness
and (ii) the Fair Market Value of the property encumbered thereby.

          “Indemnified Liabilities” has the meaning set forth in Section 10.05.

          “Indemnitees” has the meaning set forth in Section 10.05.

          “Information” has the meaning specified in Section 10.08.

          “Intellectual Property Security Agreement” means the Intellectual Property Security Agreement,
substantially in the form attached as Exhibit J.

          “Intercompany Subordination Agreement” means the Intercompany Subordination Agreement,
substantially in the form attached as Exhibit L.

          “Interest Coverage Ratio” means, with respect to the Borrower and the Restricted Subsidiaries
on a consolidated basis, as of the end of any fiscal quarter of the

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Borrower for the Test Period
ending on such date, the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense.

          “Interest Payment Date” means, (a) as to any Loan other than a Base Rate Loan, the last day of
each Interest Period applicable to such Loan and the Maturity Date of the Facility under which such
Loan was made; provided that if any Interest Period for a Eurocurrency Rate Loan exceeds three
months, the respective dates that fall every three months after the beginning of such Interest
Period shall also be Interest Payment Dates; and (b) as to any Base Rate Loan (including a Swing
Line Loan), the last Business Day of each March, June, September and December and the Maturity Date
of the Facility under which such Loan was made.

          “Interest Period” means, as to each Eurocurrency Rate Loan, the period commencing on the date
such Eurocurrency Rate Loan is disbursed or converted to or continued as a Eurocurrency Rate Loan
and ending on the date one, two, three or six months thereafter, or to the extent agreed to by each
Lender of such Eurocurrency Rate Loan, nine or twelve months or less than one month thereafter, as
selected by the Borrower in its Loan Notice; provided that:

     (a) any Interest Period that would otherwise end on a day that is not a Business Day
shall be extended to the next succeeding Business Day unless such Business Day falls in
another calendar month, in which case such Interest Period shall end on the next preceding
Business Day;

     (b) any Interest Period that begins on the last Business Day of a calendar month (or on
a day for which there is no numerically corresponding day in the calendar month at the end
of such Interest Period) shall end on the last Business Day of the calendar month at the end
of such Interest Period; and

     (c) no Interest Period shall extend beyond the Maturity Date of the Facility under
which such Loan was made.

          “Investment” means, as to any Person, any direct or indirect acquisition or investment by such
Person, whether by means of (a) the purchase or other acquisition of Equity Interests or debt or
other securities of another Person (including by merger, consolidation, amalgamation or otherwise),
(b) a loan, advance or capital contribution to, Guarantee or assumption of Indebtedness of, or
purchase or other acquisition of any other debt or equity participation or interest in, another
Person, including any partnership or joint venture interest in such other Person or (c) the
purchase or other acquisition (in one transaction or a series of transactions) of all or
substantially all of the property and assets or business of another Person or assets constituting a
business unit, line of business or division of such Person. For purposes of covenant compliance,
the amount of any Investment shall be (i) except as otherwise set forth in clause (ii) of this
definition, the amount actually invested (in the case of any non-cash asset invested, taking the
Fair Market Value thereof at the time the investment is made), without adjustment for subsequent
increases or decreases in the value of such Investment and (ii) in the case of any Investment
deemed to be made in an Unrestricted Subsidiary pursuant to Section 6.14, as determined in
accordance with the last sentence of Section 6.14. For the avoidance of
doubt, any merger or consolidation by the Borrower with and into another Person which

-30-

 

becomes
the Successor Company as a result of such merger or consolidation shall be construed to be an
Investment by the Borrower.

          “IP Collateral” means all “Intellectual Property Collateral” referred to in the Collateral
Documents and all of the other IP Rights that are or are required by the terms hereof or of the
Collateral Documents to be subject to Liens in favor of the Collateral Agent for the benefit of the
Secured Parties.

          “IP Rights” has the meaning set forth in Section 5.15.

          “IRS” means the United States Internal Revenue Service.

          “JPMorgan” means JPMorgan Chase Bank, N.A., in its individual capacity, and any successor
thereto by merger, consolidation or otherwise.

          “JPMS” means J.P. Morgan Securities Inc., in its individual capacity, and any successor
thereto by merger, consolidation or otherwise.

          “Junior Financing” has the meaning specified in Section 7.13.

          “Junior Financing Documentation” means any documentation governing any Junior Financing.

          “Laws” means, collectively, all international, foreign, Federal, state and local statutes,
treaties, rules, guidelines, regulations, ordinances, codes and administrative or judicial
precedents or authorities, including the interpretation or administration thereof by any
Governmental Authority charged with the enforcement, interpretation or administration thereof, and
all applicable administrative orders, directed duties, requests, licenses, authorizations and
permits of, and agreements with, any Governmental Authority, in each case whether or not having the
force of law.

          “L/C Advance” means, with respect to each Revolving Credit Lender, such Lender’s funding of
its participation in any L/C Borrowing in accordance with its Pro Rata Share.

          “L/C Borrowing” means an extension of credit resulting from a drawing under any Letter of
Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit
Borrowing.

          “L/C Credit Extension” means, with respect to any Letter of Credit, the issuance thereof or
extension of the expiry date thereof, or the renewal or increase of the amount thereof.

          “L/C Issuer” means DBTCA, JPMorgan and any other Lender, and, in each case, any Affiliate
thereof that becomes an L/C Issuer in accordance with Section 2.03(k) or 10.07(j), in each case, in
its capacity as an issuer of Letters of Credit (including Existing Letters of Credit) hereunder, or
any successor issuer of Letters of Credit hereunder.

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          “L/C Obligations” means, as at any date of determination, the aggregate undrawn amount of all
outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all
L/C Borrowings.

          “Lender” has the meaning specified in the introductory paragraph to this Agreement and, as the
context requires, includes an L/C Issuer and the Swing Line Lender, and their respective successors
and assigns as permitted hereunder, each of which is referred to herein as a “Lender”.

          “Lending Office” means, as to any Lender, the office or offices of such Lender described as
such in such Lender’s Administrative Questionnaire, or such other office or offices as a Lender may
from time to time notify in writing to the Borrower and the Administrative Agent.

          “Letter of Credit” means any Existing Letter of Credit or any letter of credit issued
hereunder. A Letter of Credit may be a commercial letter of credit or a standby letter of credit.

          “Letter of Credit Application” means an application and agreement for the issuance or
extension of, or amendment to, a Letter of Credit in the form from time to time in use by the
relevant L/C Issuer.

          “Letter of Credit Expiration Date” means the day that is five (5) Business Days prior to the
scheduled Maturity Date then in effect for the Revolving Credit Facility (or, if such day is not a
Business Day, the next preceding Business Day).

          “Letter of Credit Sublimit” means an amount equal to the lesser of (a) $20,000,000 and (b) the
aggregate amount of the Revolving Credit Commitments. The Letter of Credit Sublimit is part of,
and not in addition to, the Revolving Credit Facility.

          “Lien” means any mortgage, pledge, hypothecation, assignment, deposit arrangement,
encumbrance, lien (statutory or other), charge, or preference, priority or other security interest
or preferential arrangement of any kind or nature whatsoever (including any conditional sale or
other title retention agreement, any easement, right of way or other encumbrance on title to real
property, and any Capitalized Lease having substantially the same economic effect as any of the
foregoing).

          “Loan” means an extension of credit by a Lender to the Borrower under Article 2 in the form of
a Term Loan, a Revolving Credit Loan or a Swing Line Loan.

          “Loan Documents” means, collectively, (i) this Agreement, (ii) the Notes, (iii) the Guaranty,
(iv) the Collateral Documents, (v) the Intercompany Subordination Agreement and (vi) each Letter of
Credit Application.

          “Loan Notice” means a notice of (a) a Term Borrowing, (b) a Revolving Credit Borrowing, (c) a
conversion of Loans from one Type to the other, or (d) a continuation of Eurocurrency Rate Loans,
pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

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          “Loan Parties” means, collectively, the Borrower and each Guarantor.

          “Management Stockholders” means the members of management of the Borrower or its Subsidiaries
who are investors in Holdings or any direct or indirect parent thereof.

          “Master Agreement” has the meaning specified in the definition of “Swap Contract”.

          “Material Adverse Effect” means (a) a material adverse effect on the business, operations,
assets, liabilities (actual or contingent) or financial condition of the Borrower and its
Subsidiaries, taken as a whole, (b) a material adverse effect on the ability of the Borrower and
the Loan Parties (taken as a whole) to perform their payment obligations under the Loan Documents
to which they are a party or (c) a material adverse effect on the rights and remedies of the
Lenders under any Loan Document.

          “Material Subsidiary” shall mean, at any date of determination, each Restricted Subsidiary of
the Borrower (a) whose total assets at the last day of the Test Period ending on the last day of
the most recent fiscal period for which financial statements have been delivered pursuant to
Section 6.01 were equal to or greater than 5% of the Consolidated Total Assets of the Borrower and
the Restricted subsidiaries at such date or (b) whose gross revenues for such Test Period were
equal to or greater than 5% of the consolidated gross revenues of the Borrower and the Restricted
Subsidiaries for such period, in each case determined in accordance with GAAP.

          “Maturity Date” means (a) with respect to the Revolving Credit Facility and Swing Line Loans,
May 2, 2011 and (b) with respect to the Term Loans May 2, 2013.

          “Maximum Rate” has the meaning specified in Section 10.10.

          “Merger” has the meaning set forth in the preliminary statements to this Agreement.

          “Merger Agreement” means the Agreement and Plan of Merger, dated as of March 12, 2006, by and
among Holdings, Merger Sub and the Target.

          “Merger Consideration” means the total funds required to consummate the Merger.

          “Merger Sub” has the meaning set forth in the introductory paragraph to this Agreement.

          “Minority Investment” means any Person (other than a Subsidiary) in which the Borrower or any
Restricted Subsidiary owns Equity Interests.

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

          “Mortgage” means, collectively, the deeds of trust, trust deeds, hypothecs and mortgages made
by the Loan Parties in favor or for the benefit of the Collateral Agent on behalf

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of the Secured Parties, in each case, in form and substance reasonably satisfactory to the
Collateral Agent (taking account of relevant local Law matters), and any other mortgages executed
and delivered pursuant to Section 6.11.

          “Mortgage Policies” has the meaning specified in Section 6.13(b)(ii).

          “Mortgaged Properties” has the meaning specified in paragraph (g) of the definition of
“Collateral and Guarantee Requirement”.

          “Multiemployer Plan” means any employee benefit plan of the type described in Section
4001(a)(3) of ERISA, to which any Loan Party or any ERISA Affiliate makes or is obligated to make
contributions, or during the preceding five plan years, has made or been obligated to make
contributions.

          “Net Cash Proceeds” means:

     (a) with respect to the Disposition of any asset by Holdings, the Borrower or any
Restricted Subsidiary or any Casualty Event, the excess, if any, of (i) the sum of cash and
Cash Equivalents received in connection with such Disposition or Casualty Event (including
any cash or Cash Equivalents received by way of deferred payment pursuant to, or by
monetization of, a note receivable or otherwise, but only as and when so received and, with
respect to any Casualty Event, any insurance proceeds or condemnation awards in respect of
such Casualty Event actually received by or paid to or for the account of Holdings, the
Borrower or any Restricted Subsidiary) over (ii) the sum of (A) the principal amount,
premium or penalty, if any, interest and other amounts on any Indebtedness that is secured
by the asset subject to such Disposition or Casualty Event and that is required to be repaid
(and is timely repaid) in connection with such Disposition or Casualty Event (other than
Indebtedness under the Loan Documents), (B) the out-of-pocket expenses (including Attorney
Costs, investment banking fees, survey costs, title insurance premiums, and related search
and recording charges, transfer taxes, deed or mortgage recording taxes, other customary
expenses and brokerage, consultant and other customary fees) actually incurred by Holdings,
the Borrower or such Restricted Subsidiary in connection with such Disposition or Casualty
Event, (C) taxes paid or reasonably estimated to be actually payable in connection
therewith, and (D) any reserve for adjustment in respect of (x) the sale price of such asset
or assets established in accordance with GAAP and (y) any liabilities associated with such
asset or assets and retained by Holdings, the Borrower or any Restricted Subsidiary after
such sale or other disposition thereof, including pension and other post-employment benefit
liabilities and liabilities related to environmental matters or against any indemnification
obligations associated with such transaction and it being understood that “Net Cash
Proceeds” shall include any cash or Cash Equivalents (i) received upon the Disposition of
any non-cash consideration received by Holdings, the Borrower or any Restricted Subsidiary
in any such Disposition and (ii) upon the reversal (without the satisfaction of any
applicable liabilities in cash in a corresponding amount) of any reserve described in clause
(D) of the preceding sentence or, if such liabilities have not been satisfied in cash and
such reserve is not reversed within three hundred and sixty-five (365) days after such
Disposition or Casualty Event, the amount of such reserve; provided that (x) no net cash

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proceeds calculated in accordance with the foregoing realized in a single transaction
or series of related transactions shall constitute Net Cash Proceeds unless such net cash
proceeds shall exceed $2,500,000 and (y) no such net cash proceeds shall constitute Net Cash
Proceeds under this clause (a) in any fiscal year until the aggregate amount of all such net
cash proceeds in such fiscal year shall exceed $5,000,000 (and thereafter only net cash
proceeds in excess of such amount shall constitute Net Cash Proceeds under this clause (a));
and

     (b) with respect to the incurrence or issuance of any Indebtedness by Holdings, the
Borrower or any Restricted Subsidiary, the excess, if any, of (i) the sum of the cash
received in connection with such incurrence or issuance over (ii) the investment banking
fees, underwriting discounts, commissions, costs and other out-of-pocket expenses and other
customary expenses (including Attorney Costs), incurred by Holdings, the Borrower or such
Restricted Subsidiary in connection with such incurrence or issuance.

          “Non-Cash Charges” has the meaning set forth in the definition of the term “Consolidated
EBITDA”.

          “Non-Consenting Lenders” has the meaning specified in Section 3.07(d).

          “Nonrenewal Notice Date” has the meaning specified in Section 2.03(b)(iii).

          “Not Otherwise Applied” means, with reference to any amount of Net Cash Proceeds of any
transaction or event or of Excess Cash Flow, that such amount (a) was not required to be applied to
prepay the Loans pursuant to Section 2.05(b), and (b) was not previously applied in determining the
permissibility of a transaction under the Loan Documents where such permissibility was (or may have
been) contingent on receipt of such amount or utilization of such amount for a specified purpose.
The Borrower shall promptly notify the Administrative Agent of any application of such amount as
contemplated by (b) above.

          “Note” means a Term Note, a Revolving Credit Note or the Swing Line Note, as the context may
require.

          “Notice of Intent to Cure” has the meaning specified in Section 6.02(b).

          “NPL” means the National Priorities List under CERCLA.

          “Obligations” means all (x) advances to, and debts, liabilities, obligations, covenants and
duties of, any Loan Party and its Subsidiaries arising under any Loan Document or otherwise with
respect to any Loan or Letter of Credit, whether direct or indirect (including those acquired by
assumption), absolute or contingent, due or to become due, now existing or hereafter arising, (y)
obligations of any Loan Party and its Subsidiaries arising under any Secured Hedge Agreement and
(z) Cash Management Obligations, in the case of each of clauses (x), (y) and (z), including
interest and fees that accrue after the commencement by or against any Loan Party or Subsidiary of
any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding,
regardless of whether such interest and fees are allowed claims in such proceeding. Without
limiting the generality of the foregoing, the Obligations of the Loan

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Parties under the Loan Documents (and of their Subsidiaries to the extent they have
obligations under the Loan Documents) include (a) the obligation (including guarantee obligations)
to pay principal, interest, Letter of Credit commissions, reimbursement obligations, charges,
expenses, fees, Attorney Costs, indemnities and other amounts payable by any Loan Party or its
Subsidiaries under any Loan Document and (b) the obligation of any Loan Party or any of its
Subsidiaries to reimburse any amount in respect of any of the foregoing that any Lender, in its
sole discretion, may elect to pay or advance on behalf of such Loan Party or such Subsidiary.
Notwithstanding the foregoing, any release of Collateral or Guarantors effected in the manner
permitted by this Agreement shall not require the consent of holders of obligations under Secured
Hedge Agreements or the holders of the Cash Management Obligations.

          “Opco” has the meaning set forth in the preliminary statements to this Agreement.

          “Organization Documents” means, (a) with respect to any corporation, the certificate or
articles of incorporation and the bylaws (or equivalent or comparable constitutive documents with
respect to any non-U.S. jurisdiction); (b) with respect to any limited liability company, the
certificate or articles of formation or organization and operating agreement; and (c) with respect
to any partnership, joint venture, trust or other form of business entity, the partnership, joint
venture or other applicable agreement of formation or organization and, if applicable, any
agreement, instrument, filing or notice with respect thereto filed in connection with its formation
or organization with the applicable Governmental Authority in the jurisdiction of its formation or
organization and, if applicable, any certificate or articles of formation or organization of such
entity.

          “Other Taxes” has the meaning specified in Section 3.01(b).

          “Outstanding Amount” means (a) with respect to the Term Loans, Revolving Credit Loans and
Swing Line Loans on any date, the outstanding principal amount thereof after giving effect to any
borrowings and prepayments or repayments of Term Loans, Revolving Credit Loans (including any
refinancing of outstanding unpaid drawings under Letters of Credit or L/C Credit Extensions as a
Revolving Credit Borrowing) and Swing Line Loans, as the case may be, occurring on such date; and
(b) with respect to any L/C Obligations on any date, the outstanding amount thereof on such date
after giving effect to any L/C Credit Extension occurring on such date and any other changes
thereto as of such date, including as a result of any reimbursements of outstanding unpaid drawings
under any Letters of Credit (including any refinancing of outstanding unpaid drawings under Letters
of Credit or L/C Credit Extensions as a Revolving Credit Borrowing) or any reductions in the
maximum amount available for drawing under Letters of Credit taking effect on such date.

          “Participant” has the meaning specified in Section 10.07(e).

          “PBGC” means the Pension Benefit Guaranty Corporation.

          “Pension Plan” means any “employee pension benefit plan” (as such term is defined in Section
3(2) of ERISA), other than a Multiemployer Plan, that is subject to Section 412 of the Code or
Section 302 or Title IV of ERISA and is sponsored or maintained by

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any Loan Party or any ERISA Affiliate or to which any Loan Party or any ERISA Affiliate
contributes or has an obligation to contribute, or in the case of a multiple employer or other plan
described in Section 4064(a) of ERISA, has made contributions at any time during the immediately
preceding five (5) plan years.

          “Permitted Acquisition” has the meaning specified in Section 7.02(i).

          “Permitted Capital Expenditure Amount” has the meaning specified in Section 7.16(a).

          “Permitted Equity Issuance” means any sale or issuance of any Qualified Equity Interests of
Holdings (and, after a Qualifying IPO, of the Borrower) to the extent permitted hereunder.

          “Permitted Holders” means the Equity Investors other than the Management Stockholders to the
extent that the amount of the outstanding voting stock of Holdings owned beneficially or of record
by such Management Stockholders in the aggregate at any time exceeds ten percent (10%) of the total
amount of the outstanding voting stock of Holdings at such time.

          “Permitted Holdings Debt” has the meaning specified in Section 7.03(r).

          “Permitted Refinancing” means, with respect to any Person, any modification, replacement,
refinancing, refunding, renewal or extension of any Indebtedness of such Person; provided that (a)
the principal amount (or accreted value, if applicable) thereof does not exceed the principal
amount (or accreted value, if applicable) of the Indebtedness so modified, replaced, refinanced,
refunded, renewed or extended except by an amount equal to unpaid accrued interest and premium
thereon plus other reasonable amount paid, and fees and expenses reasonably incurred, in connection
with such modification, replacement, refinancing, refunding, renewal or extension and by an amount
equal to any existing commitments unutilized thereunder, (b) other than with respect to a Permitted
Refinancing in respect of Indebtedness permitted pursuant to Section 7.03(e), such modification,
replacement, refinancing, refunding, renewal or extension has a final maturity date equal to or
later than the final maturity date of, and has a Weighted Average Life to Maturity equal to or
greater than the Weighted Average Life to Maturity of, the Indebtedness being modified, replaced,
refinanced, refunded, renewed or extended, (c) other than with respect to a Permitted Refinancing
in respect of Indebtedness permitted pursuant to Section 7.03(e), at the time thereof, no Event of
Default shall have occurred and be continuing, and (d) if such Indebtedness being modified,
replaced, refinanced, refunded, renewed or extended is Indebtedness permitted pursuant to Section
7.03(b), 7.03(v) or 7.13(a), (i) to the extent such Indebtedness being modified, replaced,
refinanced, refunded, renewed or extended is subordinated in right of payment to the Obligations,
such modification, replacement, refinancing, refunding, renewal or extension is subordinated in
right of payment to the Obligations on terms at least as favorable to the Lenders as those
contained in the documentation governing the Indebtedness being modified, replaced, refinanced,
refunded, renewed or extended, (ii) the terms and conditions (including, if applicable, as to
collateral but excluding as to subordination, interest rate and redemption premium) of any such
modified, replaced, refinanced, refunded, renewed or extended Indebtedness, taken as a whole, are
not materially less favorable to the Loan Parties or the Lenders than the terms and conditions of
the Indebtedness being modified,

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replaced, refinanced, refunded, renewed or extended; provided that a certificate of a
Responsible Officer delivered to the Administrative Agent at least five Business Days prior to the
incurrence of such Indebtedness, together with a reasonably detailed description of the material
terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating
that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing
requirement shall be conclusive evidence that such terms and conditions satisfy the foregoing
requirement unless the Administrative Agent notifies the Borrower within such five Business Day
period that it disagrees with such determination (including a reasonable description of the basis
upon which it disagrees), and (iii) such modification, replacement, refinancing, refunding, renewal
or extension is incurred by the Person who is the obligor of the Indebtedness being modified,
refinanced, refunded, renewed or extended.

          “Person” means any natural person, corporation, limited liability company, trust, joint
venture, association, company, partnership, Governmental Authority or other entity.

          “Plan” means any “employee benefit plan” (as such term is defined in Section 3(3) of ERISA)
established by any Loan Party or, with respect to any such plan that is subject to Section 412 of
the Code or Section 302 or Title IV of ERISA, any ERISA Affiliate.

          “Pledged Debt” has the meaning specified in the Security Agreement.

          “Pledged Equity” has the meaning specified in the Security Agreement.

          “Post-Acquisition Period” means, with respect to any Permitted Acquisition or conversion of an
Unrestricted Subsidiary to a Converted Restricted Subsidiary, the period beginning on the date such
Permitted Acquisition or conversion of an Unrestricted Subsidiary to a Converted Restricted
Subsidiary is consummated and ending on the last day of the fourth full consecutive fiscal quarter
immediately following the date on which such Permitted Acquisition or conversion of an Unrestricted
Subsidiary to a Converted Restricted Subsidiary is consummated.

          “Principal L/C Issuer” means DBTCA and any other L/C Issuer that has issued Letters of Credit
having an aggregate Outstanding Amount in excess of $500,000.

          “Pro Forma Adjustment” means, for any Test Period that includes all or any part of a fiscal
quarter included in any Post-Acquisition Period, with respect to the Acquired EBITDA of the
applicable Acquired Entity or Business or Converted Restricted Subsidiary or the Consolidated
EBITDA of the Borrower, the pro forma increase or decrease in such Acquired EBITDA or such
Consolidated EBITDA, as the case may be, projected by the Borrower in good faith as a result of (a)
actions taken during such Post-Acquisition Period for the purposes of realizing reasonably
identifiable and factually supportable cost savings or (b) any additional costs incurred during
such Post-Acquisition Period in each case in connection with the combination of the operations of
such Acquired Entity or Business or such Converted Restricted Subsidiary with the operations of the
Borrower and the Restricted Subsidiaries; provided that, so long as such actions are taken during
such Post-Acquisition Period or such costs are incurred during such Post-Acquisition Period, as
applicable, it may be assumed, for purposes of projecting such pro forma increase or decrease to
such Acquired EBITDA or such Consolidated EBITDA,

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as the case may be, that such cost savings related to such actions will be realizable during
the entirety of such Test Period, or such additional costs, as applicable, will be incurred during
the entirety of such Test Period; provided further that any such pro forma increase or decrease to
such Acquired EBITDA or such Consolidated EBITDA, as the case may be, shall be without duplication
for cost savings or additional costs already included in such Acquired EBITDA or such Consolidated
EBITDA, as the case may be, for such Test Period.

          “Pro Forma Balance Sheet” has the meaning set forth in Section 5.05(a)(ii).

          “Pro Forma Basis”, “Pro Forma Compliance” and “Pro Forma Effect” mean, with respect to
compliance with any test or covenant hereunder, that (A) to the extent applicable, the Pro Forma
Adjustment shall have been made and (B) all Specified Transactions and the following transactions
in connection therewith shall be deemed to have occurred as of the first day of the applicable
period of measurement in such test or covenant: (a) income statement items (whether positive or
negative) attributable to the property or Person subject to such Specified Transaction, (i) in the
case of a Disposition of all or substantially all Equity Interests in any Subsidiary of the
Borrower or any division, product line, or facility used for operations of the Borrower or any of
its Subsidiaries, shall be excluded, and (ii) in the case of a Permitted Acquisition, conversion of
an Unrestricted Subsidiary to a Converted Restricted Subsidiary, the Transaction or Investment
described in the definition of “Specified Transaction”, shall be included, (b) any retirement or
repayment of Indebtedness, and (c) any Indebtedness incurred or assumed by the Borrower or any of
the Restricted Subsidiaries in connection therewith and if such Indebtedness has a floating or
formula rate, shall have an implied rate of interest for the applicable period for purposes of this
definition determined by utilizing the rate which is or would be in effect with respect to such
Indebtedness as at the relevant date of determination; provided that, without limiting the
application of the Pro Forma Adjustment pursuant to (A) above, the foregoing pro forma adjustments
may be applied to any such test or covenant solely to the extent that such adjustments are
consistent with the definition of Consolidated EBITDA and give effect to events (including
operating expense reductions) that are (i) (x) directly attributable to such transaction, (y)
expected to have a continuing impact on the Borrower and the Restricted Subsidiaries and (z)
factually supportable or (ii) otherwise consistent with the definition of Pro Forma Adjustment;
provided further that no pro forma adjustments shall apply to the consummation of
the Transaction except as expressly contemplated in the definitions of “Consolidated EBITDA” and
“Consolidated Interest Expense”.

          “Pro Forma Financial Statements” has the meaning set forth in Section 5.05(a)(ii).

          “Pro Rata Share” means, with respect to each Lender at any time a fraction (expressed as a
percentage, carried out to the ninth decimal place), the numerator of which is the amount of the
Commitment of such Lender under the applicable Facility or Facilities at such time and the
denominator of which is the amount of the Aggregate Commitments of all Lenders under the applicable
Facility or Facilities at such time; provided that if such Commitment has been terminated, then the
Pro Rata Share of each Lender shall be determined based on the Pro Rata Share of such Lender
immediately prior to such termination and after giving effect to any subsequent assignments made
pursuant to the terms hereof.

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          “Projections” shall have the meaning set forth in Section 6.01(c).

          “Qualified Equity Interests” means any Equity Interests that are not Disqualified Equity
Interests.

          “Qualifying IPO” means the issuance by Holdings, any direct or indirect parent of Holdings or
the Borrower of its common Equity Interests in an underwritten primary public offering (other than
a public offering pursuant to a registration statement on Form S-8) pursuant to an effective
registration statement filed with the SEC in accordance with the Securities Act (whether alone or
in connection with a secondary public offering).

          “Redemption Date” has the meaning specified in Section 4.02(e)(iii).

          “Reference Date” has the meaning specified in the definition of “Available Amount”.

          “Refinanced Term Loans” has the meaning specified in Section 10.01.

          “Refinancing” means the Tender Offers and Consent Solicitations and the other refinancing
transactions contemplated by Sections 4.01(e) and 6.17 (including the execution and delivery of the
Existing Tender Offer Notes Indenture Supplement as contemplated by Section 4.01(e)(ii)).

          “Register” has the meaning set forth in Section 10.07(d).

          “Regulation D” shall mean Regulation D of the FRB as from time to time in effect and any
successor to all or a portion thereof establishing reserve requirements.

          “Related Parties” has the meaning specified in Section 10.08.

          “Replacement Term Loans” has the meaning specified in Section 10.01.

          “Reportable Event” means any of the events set forth in Section 4043(c) of ERISA or the
regulations issued thereunder, other than events for which the thirty (30) day notice period has
been waived.

          “Request for Credit Extension” means (a) with respect to a Borrowing, conversion or
continuation of Term Loans or Revolving Credit Loans, a Loan Notice, (b) with respect to an L/C
Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a
Swing Line Loan Notice.

          “Required Lenders” means, as of any date of determination, Lenders having more than 50% of the
sum of the (a) Total Outstandings (with the aggregate amount of each Lender’s risk participation
and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Lender
for purposes of this definition), (b) aggregate unused Term Commitments and (c) aggregate unused
Revolving Credit Commitments; provided that the unused Term Commitment and unused Revolving Credit
Commitment of, and the portion of the

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Total Outstandings held or deemed held by, any Defaulting Lender shall be excluded for
purposes of making a determination of Required Lenders.

          “Responsible Officer” means the chief executive officer, president, vice president, chief
financial officer, treasurer or assistant treasurer or other similar officer of a Loan Party and,
as to any document delivered on the Closing Date, any secretary or assistant secretary of a Loan
Party. Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party
shall be conclusively presumed to have been authorized by all necessary corporate, partnership
and/or other action on the part of such Loan Party and such Responsible Officer shall be
conclusively presumed to have acted on behalf of such Loan Party.

          “Restoration Certification” means, with respect to any Casualty Event, a certification made by
a Responsible Officer of the Borrower or a Restricted Subsidiary, as applicable, to the
Administrative Agent prior to the end of the twelve (12) month period following the receipt of
insurance or condemnation proceeds after such Casualty Event certifying (a) that the Borrower or
such Restricted Subsidiary intends to use the Net Cash Proceeds received in connection with such
Casualty Event to repair, restore or replace the property or assets in respect of which such
Casualty Event occurred, (b) the approximate costs of completion of such repair, restoration or
replacement and (c) the approximate time period for completion of such repair, restoration or
replacement.

          “Restricted Payment” means any dividend or other distribution (whether in cash, securities or
other property) with respect to any Equity Interest of Holdings, the Borrower or any Restricted
Subsidiary, or any payment (whether in cash, securities or other property), including any sinking
fund or similar deposit, on account of the purchase, redemption, retirement, defeasance,
acquisition, cancellation or termination of any such Equity Interest, or on account of any return
of capital to Holdings or the Borrower’s stockholders, partners or members (or the equivalent
Persons thereof).

          “Restricted Subsidiary” means any Subsidiary of the Borrower other than an Unrestricted
Subsidiary.

          “Revolving Commitment Increase” has the meaning set forth in Section 2.15(a).

          “Revolving Commitment Increase Lender” has the meaning set forth in Section 2.15(a).

          “Revolving Credit Borrowing” means a borrowing consisting of simultaneous Revolving Credit
Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period
made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).

          “Revolving Credit Commitment” means, as to each Revolving Credit Lender, its obligation to (a)
make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase
participations in L/C Obligations in respect of Letters of Credit and (c) purchase participations
in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the
amount set forth, and opposite such Lender’s name on Schedule 2.01 under the caption “Revolving
Credit Commitment” or in the Assignment and

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Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount
may be adjusted from time to time in accordance with this Agreement, including, if applicable,
pursuant to Section 2.15. The aggregate Revolving Credit Commitments of all Revolving Credit
Lenders shall be $40,000,000 on the Closing Date, as such amount may be adjusted from time to time
in accordance with the terms of this Agreement.

          “Revolving Credit Exposure” means, at any time, as to each Revolving Credit Lender, the sum of
the outstanding principal amount of such Revolving Credit Lender’s Revolving Credit Loans at such
time and its Pro Rata Share of the L/C Obligations and the Swing Line Obligations at such time.

          “Revolving Credit Facility” means, at any time, the aggregate amount of the Revolving Credit
Lenders’ Revolving Credit Commitments at such time.

          “Revolving Credit Lender” means, at any time, any Lender that has a Revolving Credit
Commitment at such time.

          “Revolving Credit Loan” has the meaning specified in Section 2.01(b).

          “Revolving Credit Note” means a promissory note of the Borrower payable to any Revolving
Credit Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto,
evidencing the aggregate Indebtedness of the Borrower to such Revolving Credit Lender resulting
from the Revolving Credit Loans made by such Revolving Credit Lender.

          “Rollover Amount” has the meaning set forth in Section 7.16(b).

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

          “Same Day Funds” means, with respect to disbursements and payments, immediately available
funds in Dollars.

          “SEC” means the Securities and Exchange Commission, or any Governmental Authority succeeding
to any of its principal functions.

          “Secondary Merger” has the meaning specified in the preliminary statements to this Agreement

          “Secured Hedge Agreement” means (x) any Swap Contract permitted under Article 7 that is
entered into by and between any Loan Party or any Restricted Subsidiary and any Hedge Bank and (y)
the Existing Swap Agreements.

          “Secured Obligations” has the meaning specified in the Security Agreement.

          “Secured Parties” means, collectively, the Administrative Agent, the Collateral Agent, the
Syndication Agent, the Documentation Agent, the Lenders, each L/C Issuer, the Hedge Banks, the Cash
Management Banks, the Supplemental Administrative Agent and each

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co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to
Section 9.01(c).

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

          “Security Agreement” means, collectively, the Security Agreement executed by the Loan Parties,
substantially in the form of Exhibit G, together with each other security agreement supplement
executed and delivered pursuant to Section 6.11.

          “Security Agreement Supplement” has the meaning specified in the Security Agreement.

          “Segregated Account” has the meaning specified in Section 4.02(e)(iii).

          “Senior Subordinated Notes” means $175,000,000 in aggregate principal amount of the Borrower’s
[___]% senior subordinated notes due 2016.

          “Senior Subordinated Notes Documentation” means the Senior Subordinated Notes, and all
documents executed and delivered in connection with the Senior Subordinated Notes, including the
Senior Subordinated Notes Indenture.

          “Senior Subordinated Notes Indenture” means the Indenture for the Senior Subordinated Notes,
dated as of May 2, 2006.

          “Sold Entity or Business” has the meaning set forth in the definition of the term
“Consolidated EBITDA”.

          “Solvent” and “Solvency” mean, with respect to any Person on any date of determination, that
on such date (a) the fair value of the property of such Person is greater than the total amount of
liabilities, including contingent liabilities, of such Person, (b) the present fair salable value
of the assets of such Person is not less than the amount that will be required to pay the probable
liability of such Person on its debts as they become absolute and matured, (c) such Person does not
intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s
ability to pay such debts and liabilities as they mature and (d) such Person is not engaged in
business or a transaction, and is not about to engage in business or a transaction, for which such
Person’s property would constitute an unreasonably small capital. The amount of contingent
liabilities at any time shall be computed as the amount that, in the light of all the facts and
circumstances existing at such time, represents the amount that can reasonably be expected to
become an actual or matured liability.

          “SPC” has the meaning specified in Section 10.07(h).

          “Specified Transaction” means, with respect to any period, any Investment, Disposition,
incurrence or repayment of Indebtedness, Restricted Payment, Subsidiary designation, Incremental
Term Loan, Revolving Commitment Increase or other event that by the terms of this Agreement
requires “Pro Forma Compliance” with a test or covenant hereunder or requires such test or covenant
to be calculated on a “Pro Forma Basis”.

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          “Sponsors” means Hellman & Friedman LLC, Thoma Cressa Equity Partners, JMI Equity and each of
their respective Affiliates but not including, however, any portfolio companies of any of the
foregoing.

          “Subsidiary” of a Person means a corporation, partnership, joint venture, limited liability
company or other business entity of which a majority of the shares of securities or other interests
having ordinary voting power for the election of directors or other governing body (other than
securities or interests having such power only by reason of the happening of a contingency) are at
the time beneficially owned, or the management of which is otherwise controlled, directly, or
indirectly through one or more intermediaries, or both, by such Person. Unless otherwise
specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary
or Subsidiaries of the Borrower.

          “Subsidiary Guarantor” means, collectively, the Subsidiaries of the Borrower that are
Guarantors.

          “Subsidiary Guaranty” means, collectively, (a) the Subsidiary Guaranty made by the Subsidiary
Guarantors in favor of the Administrative Agent on behalf of the Secured Parties, substantially in
the form of Exhibit F and (b) each other guaranty and guaranty supplement delivered pursuant to
Section 6.11.

          “Successor Company” has the meaning specified in Section 7.04(d).

          “Supermajority Lenders” of any Tranche means those Lenders that would constitute the Required
Lenders under, and as defined in, this Agreement if (x) all outstanding Obligations of the other
Tranches under this Agreement were repaid in full and all Commitments with respect thereto were
terminated and (y) the reference to “50%” contained
therein were changed to
“662/3%.”

          “Supplemental Administrative Agent” has the meaning specified in Section 9.13 and
“Supplemental Administrative Agents” shall have the corresponding meaning.

          “Swap Contract” means (a) any and all rate swap transactions, basis swaps, credit derivative
transactions, forward rate transactions, commodity swaps, commodity options, forward commodity
contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or
options or forward bond or forward bond price or forward bond index transactions, interest rate
options, forward foreign exchange transactions, cap transactions, floor transactions, collar
transactions, currency swap transactions, cross-currency rate swap transactions, currency options,
spot contracts, or any other similar transactions or any combination of any of the foregoing
(including any options to enter into any of the foregoing), whether or not any such transaction is
governed by or subject to any master agreement, and (b) any and all transactions of any kind, and
the related confirmations, which are subject to the terms and conditions of, or governed by, any
form of master agreement published by the International Swaps and Derivatives Association, Inc.,
any International Foreign Exchange Master Agreement, or any other master agreement (any such master
agreement, together with any related schedules, a “Master Agreement”), including any such
obligations or liabilities under any Master Agreement.

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          “Swap Termination Value” means, in respect of any one or more Swap Contracts, after taking
into account the effect of any legally enforceable netting agreement relating to such Swap
Contracts, (a) for any date on or after the date such Swap Contract has been closed out and
termination value(s) determined in accordance therewith, such termination value(s), and (b) for any
date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market
value(s) for such Swap Contract, as determined based upon one or more mid-market or other readily
available quotations provided by any recognized dealer in such Swap Contracts (which may include a
Lender or any Affiliate of a Lender).

          “Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to Section 2.04.

          “Swing Line Facility” means the revolving credit facility made available by the Swing Line
Lender pursuant to Section 2.04.

          “Swing Line Lender” means DBTCA, in its capacity as provider of Swing Line Loans, or any
successor swing line lender hereunder.

          “Swing Line Loan” has the meaning specified in Section 2.04(a).

          “Swing Line Note” means the promissory note of the Borrower payable to the Swing Line Lender
or its registered assigns, in substantially the form of Exhibit C-3 hereto, evidencing the
aggregate Indebtedness of the Borrower to the Swing Line Lender resulting from Swing Line Loans
made by the Swing Line Lender.

          “Swing Line Loan Notice” means a notice of a Swing Line Borrowing pursuant to Section 2.04(b),
which, if in writing, shall be substantially in the form of Exhibit B.

          “Swing Line Obligations” means, as at any date of determination, the aggregate principal
amount of all Swing Line Loans outstanding.

          “Swing Line Sublimit” means an amount equal to the lesser of (a) $20,000,000 and (b) the
aggregate amount of the Revolving Credit Commitments. The Swing Line Sublimit is part of, and not
in addition to, the Revolving Credit Commitments.

          “Syndication Agent” means JPMorgan, as Syndication Agent under this Agreement.

          “Target” has the meaning set forth in the preliminary statements to this Agreement.

          “Taxes” has the meaning specified in Section 3.01(a).

          “Tender Offers and Consent Solicitations” means and includes the Existing PIK Note Tender
Offer and Consent Solicitation and the Existing Opco Notes Tender Offers and Consent Solicitations.

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          “Term Borrowing” means a borrowing consisting of simultaneous Term Loans of the same Type and,
in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term
Lenders pursuant to Section 2.01.

          “Term Commitment” means, as to each Term Lender, its obligation to make a Term Loan to the
Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set
forth opposite such Lender’s name on Schedule 2.01(a) under the caption “Term Commitment” or in the
Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable,
as such amount may be adjusted from time to time in accordance with this Agreement. The initial
aggregate amount of the Term Commitments is $390,000,000.

          “Term Lender” means, at any time, any Lender that has a Term Commitment or a Term Loan at such
time.

          “Term Loan” means a Loan made pursuant to Section 2.01(a).

          “Term Note” means a promissory note of the Borrower payable to any Term Lender or its
registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate
Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term
Lender.

          “Test Period” means, for any determination under this Agreement, the four consecutive
fiscal quarters of the Borrower then last ended, provided that for purposes of any
calculation of Consolidated Interest Expense for any “Test Period” ending prior to the first
anniversary of the Closing Date, Consolidated Interest Expense shall be calculated in accordance
with the last sentence appearing in the definition of “Consolidated Interest Expense”.

          “Threshold Amount” means $15,000,000.

          “Total Leverage Ratio” means, with respect to any Test Period, the ratio of (a) Consolidated
Total Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

          “Total Outstandings” means, at any time, the sum of (i) the aggregate Outstanding Amount of
all Loans at such time plus (ii) the aggregate Outstanding Amount of all L/C Obligations at
such time.

          “Tranche” means a category of Commitments or Credit Extensions thereunder. For purposes
hereof, each of the following comprises a separate Tranche: (a) the unused Revolving Commitments,
the outstanding Revolving Credit Loans, the outstanding Swing Line Loans and L/C Obligations in
respect of Letters of Credit and (b) the outstanding Term Loans.

          “Transaction” means, collectively, (a) the Equity Contribution, (b) the Merger, (c) the
Secondary Merger, (d) the issuance of the Senior Subordinated Notes, (e) the funding of the Term
Loans on the Closing Date, (f) the Refinancing, (g) the consummation of any other transactions in
connection with the foregoing, and (h) the payment of the fees and expenses incurred in connection
with any of the foregoing.

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          “Transaction Documents” means the Merger Agreement and all other material documents,
instruments and certificates contemplated by the Merger Agreement.

          “Transaction Expenses” means any fees or expenses incurred or paid by Holdings, Target, the
Borrower or any Restricted Subsidiary in connection with the Transaction, this Agreement and the
other Loan Documents and the transactions contemplated hereby and thereby.

          “Type” means, with respect to a Loan its character as a Base Rate Loan or a Eurocurrency Rate
Loan.

          “Unaudited Financial Statements” has the meaning set forth in Section 4.01(f).

          “Uniform Commercial Code” means the Uniform Commercial Code as the same may from time to time
be in effect in the State of New York or the Uniform Commercial Code (or similar code or statute)
of another jurisdiction, to the extent it may be required to apply to any item or items of
Collateral.

          “United States” and “U.S.” mean the United States of America.

          “Unreimbursed Amount” has the meaning set forth in Section 2.03(c)(i).

          “Unrestricted Subsidiary” means (i) each Subsidiary of the Borrower listed on Schedule 1.01C
and (ii) any Subsidiary of the Borrower designated by the board of directors of Holdings or the
Borrower as an Unrestricted Subsidiary pursuant to Section 6.15 subsequent to the date hereof.

          “U.S. Lender” has the meaning set forth in Section 10.15(b).

          “Weighted Average Life to Maturity” means, when applied to any Indebtedness at any date, the
number of years obtained by dividing: (i) the sum of the products obtained by multiplying (a) the
amount of each then remaining installment, sinking fund, serial maturity or other required payments
of principal, including payment at final maturity, in respect thereof, by (b) the number of years
(calculated to the nearest one-twelfth) that will elapse between such date and the making of such
payment; by (ii) the then outstanding principal amount of such Indebtedness.

          “wholly owned” means, with respect to a Subsidiary of a Person, a Subsidiary of such Person
all of the outstanding Equity Interests of which (other than (x) director’s qualifying shares and
(y) shares issued to foreign nationals to the extent required by applicable Law) are owned by such
Person and/or by one or more wholly owned Subsidiaries of such Person.

          SECTION 1.02. Other Interpretive Provisions. With reference to this Agreement and
each other Loan Document, unless otherwise specified herein or in such other Loan Document:

     (a) The meanings of defined terms are equally applicable to the singular and plural
forms of the defined terms.

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     (b) (i) The words “herein”, “hereto”, “hereof” and “hereunder” and words of similar
import when used in any Loan Document shall refer to such Loan Document as a whole and not
to any particular provision thereof.

     (ii) Article, Section, Exhibit and Schedule references are to the Loan Document in which
such reference appears.

     (iii) The term “including” is by way of example and not limitation.

     (iv) The term “documents” includes any and all instruments, documents, agreements,
certificates, notices, reports, financial statements and other writings, however evidenced,
whether in physical or electronic form.

     (c) In the computation of periods of time from a specified date to a later specified
date, the word “from” means “from and including”; the words “to” and “until” each mean “to
but excluding”; and the word “through” means “to and including”.

     (d) Section headings herein and in the other Loan Documents are included for
convenience of reference only and shall not affect the interpretation of this Agreement or
any other Loan Document.

          SECTION 1.03. Accounting Terms. (a) All accounting terms not specifically or
completely defined herein shall be construed in conformity with, and all financial data (including
financial ratios and other financial calculations) required to be submitted pursuant to this
Agreement shall be prepared in conformity with, GAAP, applied in a manner consistent with that used
in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein.

          (b) Notwithstanding anything to the contrary herein, for purposes of determining
compliance with any test or covenant contained in this Agreement with respect to any period
during which any Specified Transaction occurs, the Total Leverage Ratio and Interest Coverage
Ratio shall be calculated with respect to such period and such Specified Transaction on a Pro
Forma Basis.

          SECTION 1.04. Rounding. Any financial ratios required to be maintained by the
Borrower pursuant to this Agreement (or required to be satisfied in order for a specific action to
be permitted under this Agreement) shall be calculated by dividing the appropriate component by the
other component, carrying the result to one place more than the number of places by which such
ratio is expressed herein and rounding the result up or down to the nearest number (with a
rounding-up if there is no nearest number).

          SECTION 1.05. References to Agreements, Laws, Etc.Unless otherwise expressly provided herein, (a) references to Organization Documents,
agreements (including the Loan Documents) and other contractual instruments shall be deemed to
include all subsequent amendments, restatements, amendment and restatements, extensions,
supplements and other modifications thereto, but only to the extent that such amendments,
restatements, amendment and restatements, extensions, supplements and other modifications are
permitted by any Loan

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Document; and (b) references to any Law shall include all statutory and
regulatory provisions consolidating, amending, replacing, supplementing or interpreting such Law.

          SECTION 1.06. Times of Day. Unless otherwise specified, all references herein to
times of day shall be references to Eastern time (daylight or standard, as applicable).

          SECTION 1.07. Timing of Payment of Performance. When the payment of any obligation or
the performance of any covenant, duty or obligation is stated to be due or performance required on
a day which is not a Business Day, the date of such payment (other than as described in the
definition of Interest Period) or performance shall extend to the immediately succeeding Business
Day.

          SECTION 1.08. Currency Equivalents Generally. Any amount specified in this Agreement
(other than in Articles 2, 9 and 10) or any of the other Loan Documents to be in Dollars shall also
include the equivalent of such amount in any currency other than Dollars, such equivalent amount to
be determined at the rate of exchange quoted by the Reuters World Currency Page for the applicable
currency at 11:00 a.m. (London time) on such day (or, in the event such rate does not appear on any
Reuters World Currency Page, by reference to such other publicly available service for displaying
exchange rates as may be agreed upon by the Administrative Agent and the Borrower, or, in the
absence of such agreement, such rate shall instead be the arithmetic average of the spot rates of
exchange of the Administrative Agent in the market where its foreign currency exchange operations
in respect of such currency are then being conducted, at or about 10:00 a.m. (New York City time)
on such date for the purchase of Dollars for delivery two Business Days later). Notwithstanding
the foregoing, for purposes of determining compliance with Sections 7.01, 7.02 and 7.03 with
respect to any amount of Indebtedness or Investment in a currency other than Dollars, no Default
shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after
the time such Indebtedness or Investment is incurred; provided that, for the avoidance of doubt,
the foregoing provisions of this Section 1.08 shall otherwise apply to such Sections, including
with respect to determining whether any Indebtedness or Investment may be incurred at any time
under such Sections.

          SECTION 1.09. Change of Currency. Each provision of this Agreement shall be subject
to such reasonable changes of construction as the Administrative Agent may from time to time
specify with the Borrower’s consent to appropriately reflect a change in currency of any country
and any relevant market conventions or practices relating to such change in currency.

ARTICLE II

The Commitments and Credit Extensions

          SECTION 2.01. The Loans. (a) The Term Borrowings. Subject to the terms and
conditions set forth herein, each Term Lender severally agrees to make to the Borrower a single
loan denominated in Dollars in a principal amount equal to such Term Lender’s Term Commitment on
the Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be
reborrowed. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided
herein.

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          (b) The Revolving Credit Borrowings. Subject to the terms and conditions set forth
herein, each Revolving Credit Lender severally agrees to make loans denominated in Dollars to
the Borrower (each such loan, a “Revolving Credit Loan”) from time to time, on any Business
Day until the Maturity Date with respect to the Revolving Credit Facility, in an aggregate
principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving
Credit Commitment; provided that (i) after giving effect to any Revolving Credit Borrowing,
the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such
Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s
Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such
Lender’s Revolving Credit Commitment and (ii) no more than $5,000,000 in aggregate principal
amount of Revolving Credit Loans shall be made on the Closing Date. Within the limits of each
Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof,
the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow
under this Section 2.01(b). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate
Loans, as further provided herein.

          SECTION 2.02. Borrowings, Conversions and Continuations of Loans. (a) Each Term
Borrowing, each Revolving Credit Borrowing, each conversion of Term Loans or Revolving Credit Loans
from one Type to the other, and each continuation of Eurocurrency Rate Loans shall be made upon the
Borrower’s irrevocable notice to the Administrative Agent, which may be given by telephone. Each
such notice must be received by the Administrative Agent not later than 12:30 p.m. (New York, New
York time) (i) three (3) Business Days prior to the requested date of any Borrowing or continuation
of Eurocurrency Rate Loans or any conversion of Base Rate Loans to Eurocurrency Rate Loans, and
(ii) one (1) Business Day before the requested date of any Borrowing of Base Rate Loans or
conversion of any Eurocurrency Rate Loans to Base Rate Loans. Each telephonic notice by the
Borrower pursuant to this Section 2.02(a) must be confirmed promptly by delivery to the
Administrative Agent of a written Loan Notice, appropriately completed and signed by a Responsible
Officer of the Borrower. Each Borrowing of, conversion to or continuation of Eurocurrency Rate
Loans shall be in a principal amount of $1,000,000 or a whole multiple thereof. Except as provided
in Sections 2.03(c) and 2.04(c), each Borrowing of or conversion to Base Rate Loans shall be in a
principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof. Each Loan Notice
(whether telephonic or written) shall specify (i) whether the Borrower is requesting a
Term Borrowing, a Revolving Credit Borrowing, a conversion of Term Loans or Revolving Credit
Loans from one Type to the other, or a continuation of Eurocurrency Rate Loans, (ii) the requested
date of the Borrowing, conversion or continuation, as the case may be (which shall be a Business
Day), (iii) the principal amount of Loans to be borrowed, converted or continued, (iv) the Type of
Loans to be borrowed or to which existing Term Loans or Revolving Credit Loans are to be converted,
and (v) if applicable, the duration of the Interest Period with respect thereto. If the Borrower
fails to specify a Type of Loan in a Loan Notice or fails to give a timely notice requesting a
conversion or continuation, then the applicable Term Loans or Revolving Credit Loans shall be made
as, or converted to, Base Rate Loans. Any such automatic conversion to Base Rate Loans shall be
effective as of the last day of the Interest Period then in effect with respect to the applicable
Eurocurrency Rate Loans. If the Borrower requests a Borrowing of, conversion to, or continuation
of Eurocurrency Rate Loans in any such Loan Notice, but fails to

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specify an Interest Period, it
will be deemed to have specified an Interest Period of one (1) month.

          (b) Following receipt of a Loan Notice, the Administrative Agent shall promptly notify
each Lender of the amount of its Pro Rata Share of the applicable Class of Loans, and if no
timely notice of a conversion or continuation is provided by the Borrower, the Administrative
Agent shall notify each Lender of the details of any automatic conversion to Base Rate Loans
or continuation described in Section 2.02(a). In the case of each Borrowing, each Appropriate
Lender shall make the amount of its Loan available to the Administrative Agent in Same Day
Funds at the Administrative Agent’s Office not later than 1:00 p.m. on the Business Day
specified in the applicable Loan Notice. Upon satisfaction of the applicable conditions set
forth in Section 4.02 (and, if such Borrowing is the initial Credit Extension, Section 4.01),
the Administrative Agent shall make all funds so received available to the Borrower in like
funds as received by the Administrative Agent either by (i) crediting the account of the
Borrower on the books of DBTCA with the amount of such funds or (ii) wire transfer of such
funds, in each case in accordance with instructions provided the Administrative Agent by the
Borrower; provided that if, on the date the Loan Notice with respect to such Borrowing is
given by the Borrower, there are Swing Line Loans or L/C Borrowings outstanding, then the
proceeds of such Borrowing shall be applied, first, to the payment in full of any such
L/C Borrowings, second, to the payment in full of any such Swing Line Loans, and
third, to the Borrower as provided above.

          (c) Except as otherwise provided herein, a Eurocurrency Rate Loan may be continued or
converted only on the last day of an Interest Period for such Eurocurrency Rate Loan unless
the Borrower pays the amount due, if any, under Section 3.05 in connection therewith. During
the existence of an Event of Default, the Administrative Agent or the Required Lenders may
require that no Loans may be converted to or continued as Eurocurrency Rate Loans.

          (d) The Administrative Agent shall promptly notify the Borrower and the Lenders of the
interest rate applicable to any Interest Period for Eurocurrency Rate Loans upon determination
of such interest rate. The determination of the Eurocurrency Rate by the Administrative Agent
shall be conclusive in the absence of manifest error. At any time that Base Rate Loans are
outstanding, the Administrative Agent shall notify the Borrower and the Lenders of any change
in DBTCA’s prime rate used in determining the Base Rate
promptly following the public announcement of such change. All computations of interest
hereunder shall be made in accordance with Section 2.8 and Section 2.10 hereunder.

          (e) After giving effect to all Term Borrowings, all Revolving Credit Borrowings, all
conversions of Term Loans or Revolving Credit Loans from one Type to the other, and all
continuations of Term Loans or Revolving Credit Loans as the same Type, there shall not be
more than ten (10) Interest Periods in effect.

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

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failure of any other
Lender to make the Loan to be made by such other Lender on the date of any Borrowing.

          SECTION 2.03. Letters of Credit. (a) The Letter of Credit Commitment. (i) On and
after the Closing Date the Existing Letters of Credit will constitute Letters of Credit under this
Agreement and for purposes hereof will be deemed to have been issued on the Closing Date. Subject
to the terms and conditions set forth herein, (A) each L/C Issuer agrees, in reliance upon the
agreements of the other Revolving Credit Lenders set forth in this Section 2.03, (1) from time to
time on any Business Day during the period from the Closing Date until the Letter of Credit
Expiration Date, to issue Letters of Credit, on a sight basis, denominated in Dollars and for the
account of the Borrower (provided that any Letter of Credit may be for the benefit of any
Restricted Subsidiary of the Borrower) and to amend, renew or extend Letters of Credit previously
issued by it, in accordance with Section 2.03(b), and (2) to honor drafts under the Letters of
Credit and (B) the Revolving Credit Lenders severally agree to participate in Letters of Credit
issued pursuant to this Section 2.03; provided that no L/C Issuer shall be obligated to make any
L/C Credit Extension with respect to any Letter of Credit, and no Lender shall be obligated to
participate in any Letter of Credit if as of the date of such L/C Credit Extension (x) the
Revolving Credit Exposure of any Lender would exceed such Lender’s Revolving Credit Commitment or
(y) the Outstanding Amount of the L/C Obligations would exceed the Letter of Credit Sublimit.
Within the foregoing limits, and subject to the terms and conditions hereof, the Borrower’s ability
to obtain Letters of Credit shall be fully revolving, and accordingly the Borrower may, during the
foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that
have been drawn upon and reimbursed.

          (ii) An L/C Issuer shall be under no obligation to issue any Letter of Credit if:

     (A) any order, judgment or decree of any Governmental Authority or arbitrator
shall by its terms purport to enjoin or restrain such L/C Issuer from issuing such
Letter of Credit, or any Law applicable to such L/C Issuer or any directive (whether
or not having the force of law) from any Governmental Authority with jurisdiction
over such L/C Issuer shall prohibit, or direct that such L/C Issuer refrain from,
the issuance of letters of credit generally or such Letter of Credit in particular
or shall impose upon such L/C Issuer with respect to such Letter of Credit any
restriction, reserve or capital requirement (for which such
L/C Issuer is not otherwise compensated hereunder) not in effect on the Closing
Date, or shall impose upon such L/C Issuer any unreimbursed loss, cost or expense
which was not applicable on the Closing Date (for which such L/C Issuer is not
otherwise compensated hereunder);

     (B) subject to Section 2.03(b)(iii), the expiry date of such requested Letter
of Credit would occur (i) in the case of standby Letters of Credit, more than twelve
months after the date of issuance or last renewal thereof and (ii) in the case of a
commercial Letter of Credit, more than 180 days after the date of issuance or last
renewal thereof, unless, in each case, the relevant L/C Issuer has approved such
expiry date;

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     (C) the expiry date of such requested Letter of Credit would occur after the
Letter of Credit Expiration Date (but not beyond the Revolving Loan Maturity Date),
unless the relevant L/C Issuer has approved such expiry date;

     (D) the issuance of such Letter of Credit would violate any Laws binding upon
such L/C Issuer;

     (E) such Letter of Credit is in an initial amount less than $100,000, in the
case of a commercial Letter of Credit, or $100,000, in the case of a standby Letter
of Credit;

     (F) any Revolving Credit Lender is a Defaulting Lender at such time, unless
such L/C Issuer has entered into arrangements reasonably satisfactory to it and the
Borrower to eliminate such L/C Issuer’s risk with respect to the participation in
Letters of Credit by such Defaulting Lender, including by cash collateralizing such
Defaulting Lender’s Pro Rata Share of the L/C Obligations; or

     (G) the expiry date of such requested Letter of Credit would occur after the
Maturity Date with respect to the Revolving Credit Facility, unless all the
Revolving Credit Lenders have approved such expiry date or unless the Revolving
Credit Lenders cease to hold a participation in, and to be obligated in any manner
to reimburse or otherwise indemnify the relevant L/C Issuer for any amounts drawn
under, such Letter of Credit and the relevant L/C Issuer has approved such expiry
date.

     (iii) An L/C Issuer shall be under no obligation to amend or extend any Letter of Credit
if (A) such L/C Issuer would have no obligation at such time to issue such Letter of Credit
in its amended form under the terms hereof, or (B) the beneficiary of such Letter of Credit
does not accept the proposed amendment to such Letter of Credit.

          (b) Procedures for Issuance and Amendment of Letters of Credit; Auto-Renewal Letters of
Credit. (i) Each Letter of Credit shall be issued, extended or amended, as the case may be,
upon the request of the Borrower delivered to an L/C Issuer (with a copy to the Administrative
Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a
Responsible Officer of Company. Such Letter of Credit Application must be received by the
relevant L/C Issuer and the Administrative
Agent not later than 12:30 p.m. at least two (2) Business Days prior to the proposed
issuance date or date of amendment or extension, as the case may be; or, in each case, such
later date and time as the relevant L/C Issuer may agree in a particular instance in its sole
discretion. In the case of a request for an initial issuance of a Letter of Credit, such
Letter of Credit Application shall specify in form and detail reasonably satisfactory to the
relevant L/C Issuer: (a) the proposed issuance date of the requested Letter of Credit (which
shall be a Business Day); (b) the amount thereof; (c) the expiry date thereof; (d) the name
and address of the beneficiary thereof; (e) the documents to be presented by such beneficiary
in case of any drawing thereunder; (f) the full text of any certificate to be presented by
such beneficiary in case of any drawing thereunder, and (g) such other matters as the relevant
L/C Issuer may reasonably request. In the case of a request for an amendment or extension

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of
any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and
detail reasonably satisfactory to the relevant L/C Issuer (1) the Letter of Credit to be
amended or extended; (2) the proposed date of amendment or extension
thereof (which shall be a
Business Day); (3) the nature of the proposed amendment or the length of extension and (4)
such other matters as the relevant L/C Issuer may reasonably request.

     (ii) Promptly after receipt of any Letter of Credit Application, the relevant L/C Issuer
will confirm with the Administrative Agent (by telephone or in writing) that the
Administrative Agent has received a copy of such Letter of Credit Application from the
Borrower and, if not, such L/C Issuer will provide the Administrative Agent with a copy
thereof. Upon receipt by the relevant L/C Issuer of confirmation from the Administrative
Agent that the requested issuance, amendment or extension is permitted in accordance with
the terms hereof, then, subject to the terms and conditions hereof, such L/C Issuer shall,
on the requested date, issue a Letter of Credit for the account of the Borrower or enter
into the applicable amendment or extension, as the case may be. Immediately upon the
issuance of each Letter of Credit, each Revolving Credit Lender shall be deemed to, and
hereby irrevocably and unconditionally agrees to, purchase from the relevant L/C Issuer a
risk participation in such Letter of Credit in an amount equal to the product of such
Lender’s Pro Rata Share multiplied by the amount of such Letter of Credit.

     (iii) If the Borrower so requests in any applicable Letter of Credit Application, the
relevant L/C Issuer shall agree to issue a Letter of Credit that has automatic renewal
provisions (each, an “Auto-Renewal Letter of Credit”); provided that any such Auto-Renewal
Letter of Credit must permit the relevant L/C Issuer to prevent any such renewal at least
once in each twelve month period (commencing with the date of issuance of such Letter of
Credit) by giving prior notice to the beneficiary thereof not later than a day (the
“Nonrenewal Notice Date”) in each such twelve month period to be agreed upon at the time
such Letter of Credit is issued. Unless otherwise directed by the relevant L/C Issuer, the
Borrower shall not be required to make a specific request to the relevant L/C Issuer for any
such renewal. Once an Auto-Renewal Letter of Credit has been issued, the Lenders shall be
deemed to have authorized (but may not require) the relevant L/C Issuer to permit the
renewal of such Letter of Credit at any time to an expiry date not later than the Letter of
Credit Expiration Date; provided that the relevant L/C Issuer shall not permit any such
renewal if (A) the relevant L/C Issuer has determined that it would have no obligation at
such time to issue such Letter of Credit in its renewed form under the terms hereof (by
reason of the provisions of Section 2.03(a)(ii) or otherwise), or (B) it has
received notice (which may be by telephone or in writing) on or before the day that is
five (5) Business Days before the Nonrenewal Notice Date from the Administrative Agent, any
Revolving Credit Lender or the Borrower that one or more of the applicable conditions
specified in Section 4.02 is not then satisfied.

     (iv) Promptly after its delivery of any Letter of Credit or any amendment or extension
to a Letter of Credit to an advising bank with respect thereto or to the beneficiary
thereof, the relevant L/C Issuer will also deliver to the Borrower and the Administrative
Agent a true and complete copy of such Letter of Credit, amendment or extension.

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               (c) Drawings and Reimbursements; Funding of Participations. (i) Upon receipt from the
beneficiary of any Letter of Credit of any notice of a drawing under such Letter of Credit,
the relevant L/C Issuer shall notify promptly the Borrower and the Administrative Agent
thereof. Not later than 11:00 a.m. on the Business Day immediately following any payment by
an L/C Issuer under a Letter of Credit (each such date, an “Honor Date”), the Borrower shall
reimburse such L/C Issuer through the Administrative Agent in an amount equal to the amount of
such drawing, with interest on the amount so paid or disbursed by such L/C Issuer, to the
extent not reimbursed on the date of such payment or disbursement. If the Borrower fails to
so reimburse such L/C Issuer by such time, the Administrative Agent shall promptly notify each
Appropriate Lender of the Honor Date, the amount of the unreimbursed drawing (the
“Unreimbursed Amount”), and the amount of such Appropriate Lender’s Pro Rata Share thereof.
In such event, the Borrower shall be deemed to have requested a Revolving Credit Borrowing of
Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed
Amount, without regard to the minimum and multiples specified in Section 2.02 for the
principal amount of Base Rate Loans but subject to the amount of the unutilized portion of the
Revolving Credit Commitments of the Appropriate Lenders and the conditions set forth in
Section 4.02 (other than the delivery of a Loan Notice). Any notice given by an L/C Issuer or
the Administrative Agent pursuant to this Section 2.03(c)(i) may be given by telephone if
immediately confirmed in writing; provided that the lack of such an immediate confirmation
shall not affect the conclusiveness or binding effect of such notice.

     (ii) Each Appropriate Lender (including any Lender acting as an L/C Issuer) shall upon
any notice pursuant to Section 2.03(c)(i) make funds available to the Administrative Agent
for the account of the relevant L/C Issuer, in Dollars, at the Administrative Agent’s Office
for payments in an amount equal to its Pro Rata Share of the Unreimbursed Amount not later
than 1:00 p.m. on the Business Day specified in such notice by the Administrative Agent,
whereupon, subject to the provisions of Section 2.03(c)(iii), each Appropriate Lender that
so makes funds available shall be deemed to have made a Base Rate Loan to the Borrower in
such amount. The Administrative Agent shall remit the funds so received to the relevant L/C
Issuer.

     (iii) With respect to any Unreimbursed Amount that is not fully refinanced by a
Revolving Credit Borrowing of Base Rate Loans because the conditions set forth in Section
4.02 cannot be satisfied or for any other reason, the Borrower shall be deemed to have
incurred from the relevant L/C Issuer an L/C Borrowing in the amount of the
Unreimbursed Amount that is not so refinanced, which L/C Borrowing shall be due and
payable on demand (together with interest) and shall bear interest at the Default Rate. In
such event, each Appropriate Lender’s payment to the Administrative Agent for the account of
the relevant L/C Issuer pursuant to Section 2.03(c)(ii) shall be deemed payment in respect
of its participation in such L/C Borrowing and shall constitute an L/C Advance from such
Lender in satisfaction of its participation obligation under this Section 2.03.

     (iv) Until each Appropriate Lender funds its Revolving Credit Loan or L/C Advance
pursuant to this Section 2.03(c) to reimburse the relevant L/C Issuer for any

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amount drawn
under any Letter of Credit, interest in respect of such Lender’s Pro Rata Share of such
amount shall be solely for the account of the relevant L/C Issuer.

     (v) Each Revolving Credit Lender’s obligation to make Revolving Credit Loans or L/C
Advances to reimburse an L/C Issuer for amounts drawn under Letters of Credit, as
contemplated by this Section 2.03(c), shall be absolute and unconditional and shall not be
affected by any circumstance, including (A) any setoff, counterclaim, recoupment, defense or
other right which such Lender may have against the relevant L/C Issuer, the Borrower or any
other Person for any reason whatsoever; (B) the occurrence or continuance of a Default, or
(C) any other occurrence, event or condition, whether or not similar to any of the
foregoing; provided that each Revolving Credit Lender’s obligation to make Revolving Credit
Loans pursuant to this Section 2.03(c) is subject to the conditions set forth in Section
4.02 (other than delivery by the Borrower of a Loan Notice). No making of an L/C Advance
shall relieve or otherwise impair the obligation of the Borrower to reimburse the relevant
L/C Issuer for the amount of any payment made by such L/C Issuer under any Letter of Credit,
together with interest as provided herein.

     (vi) If any Revolving Credit Lender fails to make available to the Administrative Agent
for the account of the relevant L/C Issuer any amount required to be paid by such Lender
pursuant to the foregoing provisions of this Section 2.03(c) by the time specified in
Section 2.03(c)(ii), such L/C Issuer shall be entitled to recover from such Lender (acting
through the Administrative Agent), on demand, such amount with interest thereon for the
period from the date such payment is required to the date on which such payment is
immediately available to such L/C Issuer at a rate per annum equal to the Federal Funds Rate
from time to time in effect. A certificate of the relevant L/C Issuer submitted to any
Revolving Credit Lender (through the Administrative Agent) with respect to any amounts owing
under this Section 2.03(c)(vi) shall be conclusive absent manifest error.

          (d) Repayment of Participations. (i) If, at any time after an L/C Issuer has made a
payment under any Letter of Credit and has received from any Revolving Credit Lender such
Lender’s L/C Advance in respect of such payment in accordance with Section 2.03(c), the
Administrative Agent receives for the account of such L/C Issuer any payment in respect of the
related Unreimbursed Amount or interest thereon (whether directly from the Borrower or
otherwise, including proceeds of Cash Collateral applied thereto by the Administrative Agent),
the Administrative Agent will distribute to such Lender its Pro Rata Share thereof
(appropriately adjusted, in the case of interest payments, to reflect the period
of time during which such Lender’s L/C Advance was outstanding) in the same funds as
those received by the Administrative Agent.

     (ii) If any payment received by the Administrative Agent for the account of an L/C Issuer
pursuant to Section 2.03(c)(i) is required to be returned under any of the circumstances described
in Section 10.06 (including pursuant to any settlement entered into by such L/C Issuer in its
discretion), each Appropriate Lender shall pay to the Administrative Agent for the account of such
L/C Issuer its Pro Rata Share thereof on demand of the Administrative Agent, plus interest thereon
from the date of such demand to the date such amount is returned by such Lender, at a rate per
annum equal to the Federal Funds Rate from time to time in effect.

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          (e) Obligations Absolute. The obligation of the Borrower to reimburse the relevant L/C
Issuer for each drawing under each Letter of Credit issued by it and to repay each L/C
Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in
accordance with the terms of this Agreement under all circumstances, including the following:

     (i) any lack of validity or enforceability of such Letter of Credit, this Agreement, or
any other agreement or instrument relating thereto;

     (ii) the existence of any claim, counterclaim, setoff, defense or other right that any
Loan Party may have at any time against any beneficiary or any transferee of such Letter of
Credit (or any Person for whom any such beneficiary or any such transferee may be acting),
the relevant L/C Issuer or any other Person, whether in connection with this Agreement, the
transactions contemplated hereby or by such Letter of Credit or any agreement or instrument
relating thereto, or any unrelated transaction;

     (iii) any draft, demand, certificate or other document presented under such Letter of
Credit proving to be forged, fraudulent, invalid or insufficient in any respect or any
statement therein being untrue or inaccurate in any respect; or any loss or delay in the
transmission or otherwise of any document required in order to make a drawing under such
Letter of Credit;

     (iv) any payment by the relevant L/C Issuer under such Letter of Credit against
presentation of a draft or certificate that does not strictly comply with the terms of such
Letter of Credit; or any payment made by the relevant L/C Issuer under such Letter of Credit
to any Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee for
the benefit of creditors, liquidator, receiver or other representative of or successor to
any beneficiary or any transferee of such Letter of Credit, including any arising in
connection with any proceeding under any Debtor Relief Law;

     (v) any exchange, release or nonperfection of any Collateral, or any release or
amendment or waiver of or consent to departure from the Guaranty or any other guarantee, for
all or any of the Obligations any Loan Party in respect of such Letter of Credit; or

     (vi) any other circumstance or happening whatsoever, whether or not similar to any of
the foregoing, including any other circumstance that might otherwise constitute a defense
available to, or a discharge of, any Loan Party;

provided that the foregoing shall not excuse any L/C Issuer from liability to the Borrower to the
extent of any direct damages (as opposed to consequential damages, claims in respect of which are
waived by the Borrower to the extent permitted by applicable Law) suffered by the Borrower that are
caused by such L/C Issuer’s gross negligence or willful misconduct (as determined by a court of
competent jurisdiction by final and nonappealable judgment) when determining whether drafts and
other documents presented under a Letter of Credit comply with the terms thereof.

          (f) Role of L/C Issuers. Each Lender and the Borrower agree that, in paying any drawing
under a Letter of Credit, the relevant L/C Issuer shall not have any

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responsibility to obtain
any document (other than any draft, demand, certificate or other document expressly required
by the Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such
document or the authority of the Person executing or delivering any such document. None of
the L/C Issuers, any Agent-Related Person nor any of the respective correspondents,
participants or assignees of any L/C Issuer shall be liable to any Lender for (i) any action
taken or omitted in connection herewith at the request or with the approval of the Lenders or
the Required Lenders, as applicable; (ii) any action taken or omitted in the absence of gross
negligence or willful misconduct (as determined by a court of competent jurisdiction by final
and nonappealable judgment); or (iii) the due execution, effectiveness, validity or
enforceability of any document or instrument related to any Letter of Credit or Letter of
Credit Application. The Borrower hereby assumes all risks of the acts or omissions of any
beneficiary or transferee with respect to its use of any Letter of Credit; provided that this
assumption is not intended to, and shall not, preclude the Borrower’s pursuing such rights and
remedies as it may have against the beneficiary or transferee at law or under any other
agreement. None of the L/C Issuers, any Agent-Related Person, nor any of the respective
correspondents, participants or assignees of any L/C Issuer, shall be liable or responsible
for any of the matters described in clauses (i) through (vi) of Section 2.03(e); provided that
anything in such clauses to the contrary notwithstanding, the Borrower may have a claim
against an L/C Issuer, and such L/C Issuer may be liable to the Borrower, to the extent, but
only to the extent, of any direct, as opposed to consequential or exemplary, damages suffered
by the Borrower which the Borrower proves were caused by such L/C Issuer’s willful misconduct
or gross negligence or such L/C Issuer’s willful or grossly negligent failure to pay under any
Letter of Credit after the presentation to it by the beneficiary of a sight draft and
certificate(s) strictly complying with the terms and conditions of a Letter of Credit (in each
case, as are determined by a court of competent jurisdiction by final and nonappealable
judgment). In furtherance and not in limitation of the foregoing, each L/C Issuer may accept
documents that appear on their face to be in order, without responsibility for further
investigation, regardless of any notice or information to the contrary, and no L/C Issuer
shall be responsible for the validity or sufficiency of any instrument transferring or
assigning or purporting to transfer or assign a Letter of Credit or the rights or benefits
thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or
ineffective for any reason.

          (g) Cash Collateral. (i) If an L/C Issuer has honored any full or partial drawing
request under any Letter of Credit and such drawing has resulted in an L/C Borrowing and the
conditions set forth in Section 4.02 to a Revolving Credit Borrowing cannot then be met, (ii)
if, as of the Letter of Credit Expiration Date, any Letter of Credit may for any reason remain
outstanding and partially or wholly undrawn, (iii) if any Event of Default occurs and is
continuing and the Administrative Agent or the Required Lenders, as applicable, require the
Borrower to Cash Collateralize the L/C Obligations pursuant to Section 8.02(c) or (iv) an
Event of Default set forth under Section 8.01(f) occurs and is continuing, then the Borrower
shall Cash Collateralize the then Outstanding Amount of all L/C Obligations (in an amount
equal to such Outstanding Amount determined as of the date of such L/C Borrowing or the Letter
of Credit Expiration Date, as the case may be), and shall do so not later than 2:00 P.M., New
York City time, on (x) in the case of the immediately preceding clauses (i) through (iii), (1)
the Business Day that the Borrower receives notice thereof, if such notice is received on such
day prior to 12:00 Noon, New

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York City time, or (2) if clause (1) above does not apply, the
Business Day immediately following the day that the Borrower receives such notice and (y) in
the case of the immediately preceding clause (iv), the Business Day on which an Event of
Default set forth under Section 8.01(f) occurs or, if such day is not a Business Day, the
Business Day immediately succeeding such day. For purposes hereof, “Cash Collateralize” means
to pledge and deposit with or deliver to the Administrative Agent, for the benefit of the
relevant L/C Issuer and the Lenders, as collateral for the L/C Obligations, cash or deposit
account balances (“Cash Collateral”) pursuant to documentation in form and substance
reasonably satisfactory to the Administrative Agent and the relevant L/C Issuer (which
documents are hereby consented to by the Lenders). Derivatives of such term have
corresponding meanings. The Borrower hereby grants to the Administrative Agent, for the
benefit of the L/C Issuers and the Lenders, a security interest in all such cash, deposit
accounts and all balances therein and all proceeds of the foregoing. Cash Collateral shall be
maintained in blocked accounts at DBTCA and may be invested in readily available Cash
Equivalents. If at any time the Administrative Agent determines that any funds held as Cash
Collateral are subject to any right or claim of any Person other than the Administrative Agent
(on behalf of the Secured Parties) or that the total amount of such funds is less than the
aggregate Outstanding Amount of all L/C Obligations, the Borrower will, forthwith upon demand
by the Administrative Agent, pay to the Administrative Agent, as additional funds to be
deposited and held in the deposit accounts at DBTCA as aforesaid, an amount equal to the
excess of (a) such aggregate Outstanding Amount over (b) the total amount of funds, if any,
then held as Cash Collateral that the Administrative Agent reasonably determines to be free
and clear of any such right and claim. Upon the drawing of any Letter of Credit for which
funds are on deposit as Cash Collateral, such funds shall be applied, to the extent permitted
under applicable Law, to reimburse the relevant L/C Issuer. To the extent the amount of any
Cash Collateral exceeds the then Outstanding Amount of such L/C Obligations and so long as no
Event of Default has occurred and is continuing, the excess shall be refunded to the Borrower.

          (h) Letter of Credit Fees. The Borrower shall pay to the Administrative Agent for the
account of each Revolving Credit Lender in accordance with its Pro Rata Share a Letter of
Credit fee for each Letter of Credit issued pursuant to this Agreement equal to the Applicable
Rate times the daily maximum amount then available to be drawn
under such Letter of Credit (whether or not such maximum amount is then in effect under
such Letter of Credit, if such maximum amount increases periodically pursuant to the terms of
such Letter of Credit). Such letter of credit fees shall be computed on a quarterly basis in
arrears. Such letter of credit fees shall be due and payable in Dollars on the first Business
Day after the end of each March, June, September and December, commencing with the first such
date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration
Date and thereafter on demand. If there is any change in the Applicable Rate during any
quarter, the daily maximum amount of each Letter of Credit shall be computed and multiplied by
the Applicable Rate separately for each period during such quarter that such Applicable Rate
was in effect.

          (i) Fronting Fee and Documentary and Processing Charges Payable to L/C Issuers. The
Borrower shall pay directly to each L/C Issuer for its own account a fronting fee with respect
to each Letter of Credit issued by it equal to 0.125% per annum (or such

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other amount as is
agreed in a separate writing between the relevant L/C Issuer and the Borrower) of the daily
maximum amount then available to be drawn under such Letter of Credit (whether or not such
maximum amount is then in effect under such Letter of Credit, if such maximum amount increases
periodically pursuant to the terms of such Letter of Credit), provided that in any event the
minimum amount of any fronting fee payable in any twelve-month period for each Letter of
Credit shall be not less than $500 (it being agreed that, on the day of issuance of any Letter
of Credit and on each anniversary thereof prior to the termination or expiration of such
Letter of Credit, if $500 will exceed the amount of the applicable fronting fee that will
accrue with respect to such Letter of Credit for the immediately succeeding twelve-month
period, the full $500 shall be payable on the date of issuance of such Letter of Credit and on
each such anniversary thereof). Except as contemplated by the proviso contained in the
immediately preceding sentence, such fronting fees shall be (x) computed on a quarterly basis
in arrears and (y) due and payable on the first Business Day after the end of each March,
June, September and December, commencing with the first such date to occur after the issuance
of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand.
In addition, the Borrower shall pay directly to each L/C Issuer for its own account the
customary issuance, presentation, amendment and other processing fees, and other standard
costs and charges, of such L/C Issuer relating to letters of credit as from time to time in
effect. Such customary fees and standard costs and charges are due and payable within ten
(10) Business Days of demand and are nonrefundable.

          (j) Conflict with Letter of Credit Application. Notwithstanding anything else to the
contrary in this Agreement, in the event of any conflict between the terms hereof and the
terms of any Letter of Credit Application, the terms hereof shall control.

          (k) Addition of an L/C Issuer. A Revolving Credit Lender may become an additional L/C
Issuer hereunder pursuant to a written agreement among the Borrower, the Administrative Agent
and such Revolving Credit Lender. The Administrative Agent shall notify the Revolving Credit
Lenders of any such additional L/C Issuer.

          SECTION 2.04. Swing Line Loans. (a) The Swing Line. Subject to the terms and conditions set forth herein, the Swing Line
Lender agrees to make loans (each such loan, a “Swing Line Loan”) to the Borrower from time to time
on any Business Day (other than the Closing Date) until the Maturity Date in respect of the
Revolving Credit Facility in an aggregate amount not to exceed at any time outstanding the amount
of the Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when aggregated
with the Pro Rata Share of the Outstanding Amount of Revolving Credit Loans and L/C Obligations of
the Lender acting as Swing Line Lender, may exceed the amount of such Lender’s Revolving Credit
Commitment; provided that, (i) after giving effect to any Swing Line Loan, the aggregate
Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share
of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share of the
Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit
Commitment then in effect and (ii) notwithstanding the foregoing, the Swing Line Lender shall not
be obligated to make any Swing Line Loans at a time when any Revolving Credit Lender is a
Defaulting Lender, unless the Swing Line Lender has entered into arrangements reasonably
satisfactory to it and the Borrower to eliminate the Swing Line Lender’s risk with respect to such

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Defaulting Lender’s participation in such Swing Line Loans, including by cash collateralizing such
Defaulting Lender’s or Defaulting Lenders’ Pro Rata Share of the outstanding Swing
Line Loans; provided further that, the Borrower shall not use the proceeds of any Swing Line Loan
to refinance any outstanding Swing Line Loan. Within the foregoing limits, and subject to the
other terms and conditions hereof, the Borrower may borrow under this Section 2.04, prepay under
Section 2.05, and reborrow under this Section 2.04. Each Swing Line Loan shall be a Base Rate
Loan. Swing Line Loans shall only be denominated in Dollars. Immediately upon the making of a
Swing Line Loan, each Revolving Credit Lender shall be deemed to, and hereby irrevocably and
unconditionally agrees to, purchase from the Swing Line Lender a risk participation in such Swing
Line Loan in an amount equal to the product of such Lender’s Pro Rata Share times the amount of
such Swing Line Loan.

          (b) Borrowing Procedures. Each Swing Line Borrowing shall be made upon the Borrower’s
irrevocable notice to the Swing Line Lender and the Administrative Agent, which may be given
by telephone. Each such notice must be received by the Swing Line Lender and the
Administrative Agent not later than 2:00 p.m. on the requested borrowing date, and shall
specify (i) the amount to be borrowed, which shall be a minimum of $100,000, and (ii) the
requested borrowing date, which shall be a Business Day. Each such telephonic notice must be
confirmed promptly by delivery to the Swing Line Lender and the Administrative Agent of a
written Swing Line Loan Notice, appropriately completed and signed by a Responsible Officer of
the Borrower. Promptly after receipt by the Swing Line Lender of any telephonic Swing Line
Loan Notice, the Swing Line Lender will confirm with the Administrative Agent (by telephone or
in writing) that the Administrative Agent has also received such Swing Line Loan Notice and,
if not, the Swing Line Lender will notify the Administrative Agent (by telephone or in
writing) of the contents thereof. Unless the Swing Line Lender has received notice (by
telephone or in writing) from the Administrative Agent (including at the request of any
Revolving Credit Lender) prior to 3:00 p.m. on the date of the proposed Swing Line Borrowing
(A) directing the Swing Line Lender not to make such Swing Line Loan as a result of the
limitations set forth in the proviso to the first sentence of Section 2.04(a), or (B) that one
or more of the applicable conditions specified in Section 4.02 is not then satisfied, then,
subject to the terms and conditions hereof, the Swing Line Lender will, not later than 4:00
p.m. on the
borrowing date specified in such Swing Line Loan Notice, make the amount of its Swing
Line Loan available to the Borrower.

          (c) Refinancing of Swing Line Loans. (i) The Swing Line Lender at any time in its sole
and absolute discretion may request, on behalf of the Borrower (which hereby irrevocably
authorizes the Swing Line Lender to so request on its behalf), that each Revolving Credit
Lender make a Base Rate Loan in an amount equal to such Lender’s Pro Rata Share of the amount
of Swing Line Loans then outstanding. Such request shall be made in writing (which written
request shall be deemed to be a Loan Notice for purposes hereof) and in accordance with the
requirements of Section 2.02, without regard to the minimum and multiples specified therein
for the principal amount of Base Rate Loans, but subject to the unutilized portion of the
aggregate Revolving Credit Commitments and the conditions set forth in Section 4.02. The
Swing Line Lender shall furnish the Borrower with a copy of the applicable Loan Notice
promptly after delivering such notice to the Administrative Agent. Each Revolving Credit
Lender shall make an amount equal to its Pro

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Rata Share of the amount specified in such Loan
Notice available to the Administrative Agent in Same Day Funds for the account of the Swing
Line Lender at the Administrative Agent’s Office not later than 1:00 p.m. on the day specified
in such Loan Notice, whereupon, subject to Section 2.04(c)(ii), each Revolving Credit Lender
that so makes funds available shall be deemed to have made a Base Rate Loan to the Borrower in
such amount. The Administrative Agent shall remit the funds so received to the Swing Line
Lender.

     (ii) If for any reason any Swing Line Loan cannot be refinanced by such a Revolving
Credit Borrowing in accordance with Section 2.04(c)(i), the request for Base Rate Loans
submitted by the Swing Line Lender as set forth herein shall be deemed to be a request by
the Swing Line Lender that each of the Revolving Credit Lenders fund its risk participation
in the relevant Swing Line Loan and each Revolving Credit Lender’s payment to the
Administrative Agent for the account of the Swing Line Lender pursuant to Section 2.04(c)(i)
shall be deemed payment in respect of such participation.

     (iii) If any Revolving Credit Lender fails to make available to the Administrative Agent
for the account of the Swing Line Lender any amount required to be paid by such Lender
pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in
Section 2.04(c)(i), the Swing Line Lender shall be entitled to recover from such Lender
(acting through the Administrative Agent), on demand, such amount with interest thereon for
the period from the date such payment is required to the date on which such payment is
immediately available to the Swing Line Lender at a rate per annum equal to the Federal
Funds Rate from time to time in effect. A certificate of the Swing Line Lender submitted to
any Lender (through the Administrative Agent) with respect to any amounts owing under this
clause (iii) shall be conclusive absent manifest error.

     (iv) Each Revolving Credit Lender’s obligation to make Revolving Credit Loans or to
purchase and fund risk participations in Swing Line Loans pursuant to this Section 2.04(c)
shall be absolute and unconditional and shall not be affected by any circumstance, including
(A) any setoff, counterclaim, recoupment, defense or other right which such Lender may have
against the Swing Line Lender, the Borrower or any other Person for
any reason whatsoever, (B) the occurrence or continuance of a Default, or (C) any other
occurrence, event or condition, whether or not similar to any of the foregoing; provided
that each Revolving Credit Lender’s obligation to make Revolving Credit Loans pursuant to
this Section 2.04(c) is subject to the conditions set forth in Section 4.02. No such
funding of risk participations shall relieve or otherwise impair the obligation of the
Borrower to repay Swing Line Loans, together with interest as provided herein.

               (d) Repayment of Participations. (i) At any time after any Revolving Credit Lender has
purchased and funded a risk participation in a Swing Line Loan, if the Swing Line Lender
receives any payment on account of such Swing Line Loan, the Swing Line Lender will distribute
to such Lender its Pro Rata Share of such payment (appropriately adjusted, in the case of
interest payments, to reflect the period of time during which such Lender’s risk participation
was funded) in the same funds as those received by the Swing Line Lender.

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          (ii) If any payment received by the Swing Line Lender in respect of principal or interest on
any Swing Line Loan is required to be returned by the Swing Line Lender under any of the
circumstances described in Section 10.06 (including pursuant to any settlement entered into by the
Swing Line Lender in its discretion), each Revolving Credit Lender shall pay to the Swing Line
Lender its Pro Rata Share thereof on demand of the Administrative Agent, plus interest thereon from
the date of such demand to the date such amount is returned, at a rate per annum equal to the
Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swing
Line Lender.

          (e) Interest for Account of Swing Line Lender. The Swing Line Lender shall be
responsible for invoicing the Borrower for interest on the Swing Line Loans. Until each
Revolving Credit Lender funds its Base Rate Loan or risk participation pursuant to this
Section 2.04 to refinance such Lender’s Pro Rata Share of any Swing Line Loan, interest in
respect of such Pro Rata Share shall be solely for the account of the Swing Line Lender.

          (f) Payments Directly to Swing Line Lender. The Borrower shall make all payments of
principal and interest in respect of the Swing Line Loans directly to the Swing Line Lender.

          SECTION 2.05. Prepayments. (a) Optional. (i) The Borrower may, upon notice to the
Administrative Agent, at any time or from time to time voluntarily prepay Term Loans and Revolving
Credit Loans in whole or in part without premium or penalty; provided that (1) such notice must be
received by the Administrative Agent not later than 12:30 p.m. (New York, New York time) (A) three
(3) Business Days prior to any date of prepayment of Eurocurrency Rate Loans and (B) on the date of
prepayment of Base Rate Loans; (2) any prepayment of Eurocurrency Rate Loans shall be in a
principal amount of $1,000,000 or a whole multiple thereof; and (3) any prepayment of Base Rate
Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess
thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such
notice shall specify the date and amount of such prepayment, the Class(es) and Type(s) of Loans to
be prepaid and, in the case of a prepayment of Term Loans, the manner in which such
prepayment shall be applied to repayments thereof required pursuant to Section 2.07(a);
provided that in the event such notice fails to specify the manner in which the respective
prepayment of Term Loans shall be applied to repayments thereof required pursuant to Section
2.07(a), such prepayment of Term Loans shall be applied in direct order of maturity to repayments
thereof required pursuant to Section 2.07(a). The Administrative Agent will promptly notify each
Appropriate Lender of its receipt of each such notice, and of the amount of such Lender’s Pro Rata
Share of such prepayment. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all
accrued interest thereon, together with any additional amounts required pursuant to Section 3.05.
Subject to the last sentence of this Section 2.05(a)(i), each prepayment of the Loans pursuant to
this Section 2.05(a) shall be paid to the Appropriate Lenders in accordance with their respective
Pro Rata Shares; provided that at the Borrower’s election in connection with any prepayment of
Revolving Credit Loans pursuant to this Section 2.05(a), so long as no Default then exists, such
prepayment shall not be applied to any Revolving Credit Loan of a Defaulting Lender.

          (ii) The Borrower may, upon notice to the Swing Line Lender (with a copy to the Administrative
Agent), at any time or from time to time, voluntarily prepay Swing Line Loans in

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whole or in part
without premium or penalty; provided that (1) such notice must be received by the Swing Line Lender
and the Administrative Agent not later than 1:00 p.m. on the date of the prepayment, and (2) any
such prepayment shall be in a minimum principal amount of $100,000 or a whole multiple of $100,000
in excess thereof or, if less, the entire principal amount thereof then outstanding. Each such
notice shall specify the date and amount of such prepayment. If such notice is given by the
Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice
shall be due and payable on the date specified therein.

          (b) Mandatory. (i) Within five (5) Business Days after financial statements have been
delivered pursuant to Section 6.01(a) and the related Compliance Certificate has been
delivered pursuant to Section 6.02(b), the Borrower shall cause to be prepaid an aggregate
principal amount of Term Loans in an amount equal to (A) 50% of Excess Cash Flow, if any, for
the fiscal year covered by such financial statements (commencing with the fiscal year ended
September 30, 2007) minus (B) the sum of (i) all voluntary prepayments of Term Loans
during such fiscal year and (ii) all voluntary prepayments of Revolving Credit Loans during
such fiscal year to the extent the Revolving Credit Commitments are permanently reduced by the
amount of such payments, in the case of each of the immediately preceding clauses (i) and
(ii), to the extent such prepayments are not funded with the proceeds of Indebtedness;
provided that so long as no Default then exists, (x) the percentage of Excess Cash Flow
specified in clause (A) above shall instead be 25% if the Borrower’s ratio of Consolidated
Total Debt on such prepayment date to Consolidated EBITDA for the most recent Test Period
ended as of the last day of the fiscal year covered by such financial statements was less than
4.75:1.00 but greater than or equal to 3.75:1.00 and (y) no payment of any Loans shall be
required under this Section 2.05(b)(i) if the Borrower’s ratio of Consolidated Total Debt on
such prepayment date to Consolidated EBITDA for the most recent Test Period ended as of the
last day of the fiscal year covered by such financial statements was less than 3.75:1.

     (ii) (A) If (x) Holdings, the Borrower or any of Restricted Subsidiary Disposes of any
property or assets (other than any Disposition of any property or assets permitted by
Section 7.05(a), (b), (c), (d) (to the extent constituting a Disposition by any
Restricted Subsidiary to a Loan Party), (e), (g), (h), (i) or (j)) or (y) any Casualty Event
occurs, which in the aggregate results in the realization or receipt by Holdings, the
Borrower or such Restricted Subsidiary of Net Cash Proceeds, the Borrower shall cause to be
prepaid on or prior to the date which is ten (10) Business Days after the date of the
realization or receipt of such Net Cash Proceeds an aggregate principal amount of Term Loans
in an amount equal to 100% of all Net Cash Proceeds received; provided that no such
prepayment shall be required pursuant to this Section 2.05(b)(ii)(A) with respect to such
portion of such Net Cash Proceeds that the Borrower shall have, on or prior to such date,
given written notice to the Administrative Agent of its intent to reinvest in accordance
with Section 2.05(b)(ii)(B) (which notice may only be provided if no Event of Default has
occurred and is then continuing);

     (B) With respect to any Net Cash Proceeds realized or received with respect to
any Disposition (other than any Disposition specifically excluded from the
application of Section 2.05(b)(ii)(A)) or any Casualty Event, at the option of the
Borrower, the Borrower may reinvest all or any portion of such Net Cash

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Proceeds in
assets useful for its or its Restricted Subsidiaries’ business within (x) twelve
(12) months following receipt of such Net Cash Proceeds or (y) if the Borrower
enters into a legally binding commitment to reinvest (including pursuant to a
Restoration Certificate) such Net Cash Proceeds within twelve (12) months following
receipt thereof, within the later of (1) one hundred and eighty (180) days of the
date of such legally binding commitment and (2) twelve (12) months following receipt
of such Net Cash Proceeds; provided that (i) so long as an Event of Default shall
have occurred and be continuing, the Borrower (x) shall not be permitted to make any
such reinvestments (other than pursuant to a legally binding commitment that the
Borrower entered into at a time when no Event of Default is continuing) and (y)
shall not be required to apply such Net Cash Proceeds which have been previously
applied to prepay Revolving Loans to the prepayment of Term Loans until such time as
the relevant investment period has expired and no Event of Default is continuing and
(ii) if any Net Cash Proceeds are no longer intended to be or cannot be so
reinvested at any time after delivery of a notice of reinvestment election, an
amount equal to any such Net Cash Proceeds shall be applied within five (5) Business
Days after the Borrower reasonably determines that such Net Cash Proceeds are no
longer intended to be or cannot be so reinvested to the prepayment of the Term Loans
as set forth in this Section 2.05.

     (iii) [Reserved].

     (iv) If Holdings, the Borrower or any Restricted Subsidiary incurs or issues any
Indebtedness not expressly permitted to be incurred or issued pursuant to Section 7.03, the
Borrower shall cause to be prepaid an aggregate principal amount of Term Loans in an amount
equal to 100% of all Net Cash Proceeds received therefrom on or prior to the date which is
five (5) Business Days after the receipt of such Net Cash Proceeds.

     (v) If for any reason the aggregate Revolving Credit Exposures at any time exceeds the
aggregate Revolving Credit Commitments then in effect (including pursuant to Section
2.17(b)), the Borrower shall promptly prepay or cause to be promptly prepaid Revolving
Credit Loans and Swing Line Loans and/or Cash Collateralize the L/C Obligations in an
aggregate amount equal to such excess; provided that the Borrower shall not be required to
Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(v) unless after the
prepayment in full of the Revolving Credit Loans and Swing Line Loans, such aggregate
Outstanding Amount exceeds the aggregate Revolving Credit Commitments then in effect.

     (vi) Each prepayment of Term Loans pursuant to this Section 2.05(b) shall be applied in
direct order of maturity to repayments thereof required pursuant to Section 2.07(a); and
each such prepayment shall be paid to the Lenders in accordance with
their respective Pro Rata Shares, subject to clause (vii) of this Section 2.05(b).

     (vii) The Borrower shall notify the Administrative Agent in writing of any mandatory
prepayment of Term Loans required to be made pursuant to clauses (i) through (iv) of this
Section 2.05(b) at least three (3) Business Days prior to the date of

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such prepayment. Each
such notice shall specify the date of such prepayment and provide a reasonably detailed
calculation of the amount of such prepayment. The Administrative Agent will promptly notify
each Appropriate Lender of the contents of the Borrower’s prepayment notice and of such
Appropriate Lender’s Pro Rata Share of the prepayment.

     (viii) Funding Losses, Etc. All prepayments under this Section 2.05 shall be made
together with, in the case of any such prepayment of a Eurocurrency Rate Loan on a date
other than the last day of an Interest Period therefor, any amounts owing in respect of such
Eurocurrency Rate Loan pursuant to Section 3.05. Notwithstanding any of the other
provisions of Section 2.05(b), so long as no Event of Default shall have occurred and be
continuing, if any prepayment of Eurocurrency Rate Loans is required to be made under this
Section 2.05(b), other than on the last day of the Interest Period therefor, in lieu of
making any payment pursuant to this Section 2.05(b) in respect of any such Eurocurrency Rate
Loan other than on the last day of the Interest Period therefor, the Borrower may, in its
sole discretion, deposit the amount of any such prepayment otherwise required to be made
thereunder into a Cash Collateral Account until the last day of such Interest Period, at
which time the Administrative Agent shall be authorized (without any further action by or
notice to or from the Borrower or any other Loan Party) to apply such amount to the
prepayment of such Loans in accordance with this Section 2.05(b). Upon the occurrence and
during the continuance of any Event of Default, the Administrative Agent shall also be
authorized (without any further action by or notice to or from the Borrower or any other
Loan Party) to apply such amount to the prepayment of the outstanding Loans in accordance
with this Section 2.05(b).

     (ix) Foreign Asset Sales. Notwithstanding any other provisions of this Section
2.05(b), so long as no Event of Default has occurred and is continuing, (A) to the extent
that any of or all the Net Cash Proceeds of any Disposition by a Foreign Subsidiary giving
rise to a prepayment event under Section 2.05(b)(ii) (a “Foreign Disposition”) or
the Net Cash Proceeds of any Casualty Event from a Foreign Subsidiary (a “Foreign
Casualty Event”) are prohibited or delayed by applicable local Law from being repatriated to
the United States, the portion of such Net Cash Proceeds so affected will not be required to
be applied to repay Term Loans at the times provided in this Section 2.05(b), but may be
retained by the applicable Foreign Subsidiary so long, but only so long, as the applicable
local Law will not permit repatriation to the United States (the Borrower hereby agreeing to
cause the applicable Foreign Subsidiary to promptly take all actions required by the
applicable local Law to permit such repatriation), and once such repatriation of any of such
affected Net Cash Proceeds is permitted under the applicable local Law, such repatriation
will be immediately effected and such repatriated Net Cash Proceeds will be promptly (and in
any event not later than five Business Days after such repatriation) applied to the
repayment of the Term Loans otherwise required pursuant to this Section 2.05(b) (without
giving effect to this clause (ix)) and (B) to the extent that the Borrower has determined in
good faith that repatriation of any of or all the Net Cash Proceeds of any Foreign
Disposition or any Foreign Casualty Event would have a material adverse tax cost consequence
with respect to such Net Cash Proceeds, the Net Cash Proceeds so affected may be retained by
the applicable Foreign Subsidiary, provided, that, in the case of this clause (B), on or
before the date on which any Net Cash

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Proceeds so retained would otherwise have been
required to be applied to reinvestments or prepayments pursuant to Section 2.05(b)(ii), the
Borrower applies an amount equal to such Net Cash Proceeds to such reinvestments or
prepayments as if such Net Cash Proceeds had been received by the Borrower rather than such
Foreign Subsidiary, less the amount of additional taxes that would have been payable or
reserved against if such Net Cash Proceeds had been repatriated (or, if less, the Net Cash
Proceeds that would be calculated if received by such Foreign Subsidiary), provided, further
however, that (i) in the event that the full amount of the Net Cash Proceeds that would have
been applied to the repayment of Term Loans in the absence of this clause (ix) has not been
so applied within six (6) months following the respective Foreign Disposition or Foreign
Casualty Event, the Borrower shall apply an amount equal to the unapplied portion of such
Net Cash Proceeds promptly (and in any event not later than five Business Days after such
date) to the repayment of the Term Loans as otherwise required pursuant to this Section
2.05(b) (without regard to this clause (ix)).

          SECTION 2.06. Termination or Reduction of Commitments. (a) Optional. The Borrower
may, upon written notice to the Administrative Agent, terminate the unused Commitments of any
Class, or from time to time permanently reduce the unused Commitments of any Class; provided that
(i) any such notice shall be received by the Administrative Agent two (2) Business Days prior to
the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate
amount of $1,000,000 or any whole multiple of $500,000 in excess thereof and (iii) if, after giving
effect to any reduction of the Commitments, the Letter of Credit Sublimit or the Swing Line
Sublimit exceeds the amount of the Revolving Credit Facility, such sublimit shall be automatically
reduced by the amount of such excess. The amount of any such Commitment reduction shall not be
applied to the Letter of Credit Sublimit or the Swing Line Sublimit unless otherwise specified by
the Borrower.

          (b) Mandatory. The Term Commitment of each Term Lender shall be automatically and
permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section
2.01(a).

          (c) Application of Commitment Reductions; Payment of Fees. The Administrative Agent will
promptly notify the Lenders of any termination or reduction of unused portions of the Letter
of Credit Sublimit, the Swing Line Sublimit or the unused Commitments of any Class under this
Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each
Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which
such Commitments are reduced (other than the termination of the Commitment of any Lender as
provided in Section 3.07). All commitment fees accrued until the effective date of any
termination of the Aggregate Commitments shall be paid on the effective date of such
termination.

          SECTION 2.07. Repayment of Loans. (a) Term Loans. The Borrower shall repay to the
Administrative Agent for the ratable account of the Term Lenders (i) on the last Business Day of
each March, June, September and December, commencing with the last Business Day of June, 2006 an
aggregate principal amount equal to 0.25% of the aggregate principal amount of all Term Loans
outstanding on the Closing Date (which payments shall be reduced as a result of, and after giving
effect to, the application of prepayments in accordance

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with the order of priority set forth in
Section 2.05) and (ii) on the Maturity Date for the Term Loans, the aggregate principal amount of
all Term Loans outstanding on such date.

          (b) Revolving Credit Loans. The Borrower shall repay to the Administrative Agent for the
ratable account of the Appropriate Lenders on the Maturity Date in respect of the Revolving
Credit Facility the aggregate principal amount of all of its Revolving Credit Loans
outstanding on such date.

          (c) Swing Line Loans. The Borrower shall repay its Swing Line Loans on the earlier to
occur of (i) the date five (5) Business Days after such Loan is made and (ii) the Maturity
Date for the Revolving Credit Facility.

          SECTION 2.08. Interest. (a) Subject to the provisions of Section 2.08(b), (i) each
Eurocurrency Rate Loan shall bear interest on the outstanding principal amount thereof for each
Interest Period at a rate per annum equal to the Eurocurrency Rate for such Interest Period
plus the Applicable Rate; (ii) each Base Rate Loan shall bear interest on the outstanding
principal amount thereof from the applicable Borrowing date at a rate per annum equal to the Base
Rate plus the Applicable Rate; and (iii) each Swing Line Loan shall bear interest on the
outstanding principal amount thereof from the applicable Borrowing date at a rate per annum equal
to the Base Rate plus the Applicable Rate for Revolving Credit Loans.

          (b) The Borrower shall pay interest on past due amounts hereunder at a fluctuating
interest rate per annum at all times equal to the Default Rate to the fullest extent
permitted by applicable Laws. Accrued and unpaid interest on past due amounts (including
interest on past due interest) shall be due and payable upon demand.

          (c) Interest on each Loan shall be due and payable in arrears on each Interest Payment
Date applicable thereto and at such other times as may be specified herein. Interest
hereunder shall be due and payable in accordance with the terms hereof before and after
judgment, and before and after the commencement of any proceeding under any Debtor Relief Law.

          (d) All computations of interest hereunder shall be made in accordance with Section 2.10.

          SECTION 2.09. Fees. In addition to certain fees described in Sections 2.03(h) and
(i):

          (a) Commitment Fee. The Borrower shall pay to the Administrative Agent for the account
of each Revolving Credit Lender in accordance with its Pro Rata Share, a commitment fee equal
to the Applicable Rate with respect to commitment fees times the actual daily amount by which
the aggregate Revolving Credit Commitment exceeds the sum of (A) Outstanding Amount of
Revolving Credit Loans and (B) the Outstanding Amount of L/C Obligations; provided that any
commitment fee accrued with respect to any of the Commitments of a Defaulting Lender during
the period prior to the time such Lender became a Defaulting Lender and unpaid at such time
shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender
except to the extent that such commitment fee shall otherwise have been due and payable by the
Borrower prior to such

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time; and provided further that no commitment fee shall accrue on any
of the Commitments of a Defaulting Lender so long as such Lender shall be a Defaulting Lender.
The commitment fee shall accrue at all times from the date hereof until the Maturity Date for
the Revolving Credit Facility, including at any time during which one or more of the
conditions in Article 4 is not met, and shall be due and payable quarterly in arrears on the
last Business Day of each March, June, September and December, commencing with the first such
date to occur after the Closing Date, and on the Maturity Date for the Revolving Credit
Facility. The commitment fee shall be calculated quarterly in arrears, and if there is any
change in the Applicable Rate during any quarter, the actual daily amount shall be computed
and multiplied by the Applicable Rate separately for each period during such quarter that such
Applicable Rate was in effect.

          (b) Other Fees. The Borrower shall pay to the Agents such fees as shall have been
separately agreed upon in writing in the amounts and at the times so specified. Such fees
shall be fully earned when paid and shall not be refundable for any reason whatsoever (except
as expressly agreed between the Borrower and the applicable Agent).

          SECTION 2.10. Computation of Interest and Fees. All computations of interest for Base
Rate Loans when the Base Rate is determined by DBTCA’s “prime rate” shall be made on the basis of a
year of three hundred and sixty-five (365) days and actual days elapsed. All other computations of
fees and interest shall
be made on the basis of a three hundred and sixty (360) day year and actual days elapsed.
Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a
Loan, or any portion thereof, for the day on which the Loan or such portion is paid; provided that
any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear
interest for one (1) day. Each determination by the Administrative Agent of an interest rate or
fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

          SECTION 2.11. Evidence of Indebtedness. (a) The Credit Extensions made by each
Lender shall be evidenced by one or more accounts or records maintained by such Lender and
evidenced by one or more entries in the Register maintained by the Administrative Agent, acting
solely for purposes of Treasury Regulation Section 5f.103-1(c), as agent for the Borrower, in each
case in the ordinary course of business. The accounts or records maintained by the Administrative
Agent and each Lender shall be prima facie evidence absent manifest error of the amount of the
Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon. Any
failure to so record or any error in doing so shall not, however, limit or otherwise affect the
obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In
the event of any conflict between the accounts and records maintained by any Lender and the
accounts and records of the Administrative Agent in respect of such matters, the accounts and
records of the Administrative Agent shall control in the absence of manifest error. Upon the
request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver
to such Lender (through the Administrative Agent) a Note payable to such Lender, which shall
evidence such Lender’s Loans in addition to such accounts or records. Each Lender may attach
schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of
its Loans and payments with respect thereto.

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          (b) In addition to the accounts and records referred to in Section 2.11(a), each Lender
and the Administrative Agent shall maintain in accordance with its usual practice accounts or
records and, in the case of the Administrative Agent, entries in the Register, evidencing the
purchases and sales by such Lender of participations in Letters of Credit and Swing Line
Loans. In the event of any conflict between the accounts and records maintained by the
Administrative Agent and the accounts and records of any Lender in respect of such matters,
the accounts and records of the Administrative Agent shall control in the absence of manifest
error.

          (c) Entries made in good faith by the Administrative Agent in the Register pursuant to
Sections 2.11(a) and (b), and by each Lender in its account or accounts pursuant to Sections
2.11(a) and (b), shall be prima facie evidence of the amount of principal and interest due and
payable or to become due and payable from the Borrower to, in the case of the Register, each
Lender and, in the case of such account or accounts, such Lender, under this Agreement and the
other Loan Documents, absent manifest error; provided that the failure of the Administrative
Agent or such Lender to make an entry, or any finding that an entry is incorrect, in the
Register or such account or accounts shall not limit or otherwise affect the obligations of
the Borrower under this Agreement and the other Loan Documents.

          (d) Notwithstanding anything to the contrary contained above in this Section 2.11 or
elsewhere in this Agreement, Notes shall only be delivered to Lenders which at any time
specifically request the delivery of such Notes. No failure of any Lender to request,
maintain, obtain or produce a Note evidencing its Loans to the Borrower shall affect or in any
manner impair the obligations of the Borrower to pay the Loans (and all related Obligations)
incurred by the Borrower which would otherwise be evidenced thereby in accordance with the
requirements of this Agreement, and shall not in any way affect the security or guaranties
therefor provided pursuant to the various Loan Documents.

          SECTION 2.12. Payments Generally. (a) All payments to be made by the Borrower shall
be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except
as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the
Administrative Agent, for the account of the respective Lenders to which such payment is owed, at
the applicable Administrative Agent’s Office in Dollars and in Same Day Funds not later than 2:00
p.m. on the date specified herein. The Administrative Agent will promptly distribute to each
Lender its Pro Rata Share (or other applicable share as provided herein) of such payment in like
funds as received by wire transfer to such Lender’s Lending Office. All payments received by the
Administrative Agent after 2:00 p.m. shall in each case be deemed received on the next succeeding
Business Day and any applicable interest or fee shall continue to accrue.

          (b) If any payment to be made by the Borrower shall come due on a day other than a
Business Day, payment shall be made on the next following Business Day, and such extension of
time shall be reflected in computing interest or fees, as the case may be; provided that, if
such extension would cause payment of interest on or principal of Eurocurrency Rate Loans to
be made in the next succeeding calendar month, such payment shall be made on the immediately
preceding Business Day.

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          (c) Unless the Borrower or any Lender has notified the Administrative Agent, prior to the
date any payment is required to be made by it to the Administrative Agent hereunder, that the
Borrower or such Lender, as the case may be, will not make such payment, the Administrative
Agent may assume that the Borrower or such Lender, as the case may be, has timely made such
payment and may (but shall not be so required to), in reliance thereon, make available a
corresponding amount to the Person entitled thereto. If and to the extent that such payment
was not in fact made to the Administrative Agent in Same Day Funds, then:

     (i) if the Borrower failed to make such payment, each Lender shall forthwith on demand
repay to the Administrative Agent the portion of such assumed payment that was made
available to such Lender in Same Day Funds, together with interest thereon in respect of
each day from and including the date such amount was made available by the Administrative
Agent to such Lender to the date such amount is repaid to the Administrative Agent in Same
Day Funds at the Federal Funds Rate from time to time in effect; and

     (ii) if any Lender failed to make such payment, such Lender shall forthwith on demand
pay to the Administrative Agent the amount thereof in Same Day Funds, together with interest
thereon for the period from the date such amount was made available by the Administrative
Agent to the Borrower to the date such amount is recovered by the Administrative Agent (the
“Compensation Period”) at a rate per annum equal to the applicable Federal Funds Rate from
time to time in effect. When such Lender makes payment to the Administrative Agent
(together with all accrued interest thereon), then such payment amount (excluding the amount
of any interest which may have accrued and been paid in respect of such late payment) shall
constitute such Lender’s Loan included in the applicable Borrowing. If such Lender does not
pay such amount forthwith upon the Administrative Agent’s demand therefor, the
Administrative Agent may make a demand therefor upon the Borrower, and the Borrower shall
pay such amount to the Administrative Agent, together with interest thereon for the
Compensation Period at a rate per annum equal to the rate of interest applicable to the
applicable Borrowing. Nothing herein shall be deemed to relieve any Lender from its
obligation to fulfill its Commitment or to prejudice any rights which the Administrative
Agent or the Borrower may have against any Lender as a result of any default by such Lender
hereunder.

          A notice of the Administrative Agent to any Lender or the Borrower with respect to any amount
owing under this Section 2.12(c) shall be conclusive, absent manifest error.

          (d) If any Lender makes available to the Administrative Agent funds for any Loan to be
made by such Lender as provided in the foregoing provisions of this Article 2, and such funds
are not made available to the Borrower by the Administrative Agent because the conditions to
the applicable Credit Extension set forth in Article 4 are not satisfied or waived in
accordance with the terms hereof, the Administrative Agent shall return such funds (in like
funds as received from such Lender) to such Lender, without interest.

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          (e) The obligations of the Lenders hereunder to make Loans and to fund participations in
Letters of Credit and Swing Line Loans are several and not joint. The failure of any Lender
to make any Loan or to fund any such participation on any date required hereunder shall not
relieve any other Lender of its corresponding obligation to do so on such date, and no Lender
shall be responsible for the failure of any other Lender to so make its Loan or purchase its
participation.

          (f) Nothing herein shall be deemed to obligate any Lender to obtain the funds for any
Loan in any particular place or manner or to constitute a representation by any Lender that it
has obtained or will obtain the funds for any Loan in any particular place or manner.

          (g) Whenever any payment received by the Administrative Agent under this Agreement or any
of the other Loan Documents is insufficient to pay in full all amounts due and payable to the
Administrative Agent and the Lenders under or in respect of this Agreement and the other Loan
Documents on any date, such payment shall be distributed by the Administrative Agent and
applied by the Administrative Agent and the Lenders in the order of priority set forth in
Section 8.04. If the Administrative Agent receives funds for application to the Obligations
of the Loan Parties under or in respect of the Loan
Documents under circumstances for which the Loan Documents do not specify the manner in
which such funds are to be applied, the Administrative Agent may, but shall not be obligated
to, elect to distribute such funds to each of the Lenders in
accordance with such Lender’s Pro Rata Share of the sum of (a) the Outstanding Amount of all Loans outstanding at such time and
(b) the Outstanding Amount of all L/C Obligations outstanding at such time, in repayment or
prepayment of such of the outstanding Loans or other Obligations then owing to such Lender.

          SECTION 2.13. Sharing of Payments. If, other than as expressly provided elsewhere
herein, any Lender shall obtain on account of the Loans made by it, or the participations in L/C
Obligations and Swing Line Loans held by it, any payment (whether voluntary, involuntary, through
the exercise of any right of setoff, or otherwise) in excess of its ratable share (or other share
contemplated hereunder) thereof, such Lender shall immediately (a) notify the Administrative Agent
of such fact, and (b) purchase from the other Lenders such participations in the Loans made by them
and/or such subparticipations in the participations in L/C Obligations or Swing Line Loans held by
them, as the case may be, as shall be necessary to cause such purchasing Lender to share the excess
payment in respect of such Loans or such participations, as the case may be, Pro Rata with each of
them; provided that if all or any portion of such excess payment is thereafter recovered from the
purchasing Lender under any of the circumstances described in Section 10.06 (including pursuant to
any settlement entered into by the purchasing Lender in its discretion), such purchase shall to
that extent be rescinded and each other Lender shall repay to the purchasing Lender the purchase
price paid therefor, together with an amount equal to such paying Lender’s ratable share (according
to the proportion of (i) the amount of such paying Lender’s required repayment to (ii) the total
amount so recovered from the purchasing Lender) of any interest or other amount paid or payable by
the purchasing Lender in respect of the total amount so recovered, without further interest
thereon. The Borrower agrees that any Lender so purchasing a participation from another Lender
may, to the fullest extent permitted by applicable Law, exercise all its rights of payment
(including the right of

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setoff, but subject to Section 10.09) with respect to such participation as
fully as if such Lender were the direct creditor of the Borrower in the amount of such
participation. The Administrative Agent will keep records (which shall be conclusive and binding
in the absence of manifest error) of participations purchased under this Section 2.13 and will in
each case notify the Lenders following any such purchases or repayments. Each Lender that
purchases a participation pursuant to this Section 2.13 shall from and after such purchase have the
right to give all notices, requests, demands, directions and other communications under this
Agreement with respect to the portion of the Obligations purchased to the same extent as though the
purchasing Lender were the original owner of the Obligations purchased.

          SECTION 2.14. [Reserved].

          SECTION 2.15. Incremental Credit Extensions. (a) The Borrower may at any time or
from time to time after the Closing Date, by notice to the Administrative Agent (whereupon the
Administrative Agent shall promptly
deliver a copy to each of the Lenders), request (a) one or more additional tranches of term
loans (the “Incremental Term Loans”) or (b) one or more increases in the amount of the Revolving
Credit Commitments (each such increase, a “Revolving Commitment Increase”), provided that (i) both
at the time of any such request and upon the effectiveness of any Incremental Amendment referred to
below, no Default or Event of Default shall exist and at the time that any such Incremental Term
Loan is made (and after giving effect thereto) no Default or Event of Default shall exist and (ii)
the Borrower shall be in compliance with each of the covenants set forth in Section 7.11 determined
on a Pro Forma Basis as of the date of such Incremental Term Loan or Revolving Commitment Increase
and the last day of the most recent Test Period, in each case, as if such Incremental Term Loans or
Revolving Commitment Increases, as applicable, had been outstanding on the last day of such fiscal
quarter of the Borrower for testing compliance therewith. Each tranche of Incremental Term Loans
and each Revolving Commitment Increase shall be in an aggregate principal amount that is not less
than $25,000,000 (provided that such amount may be less than $25,000,000 if such amount represents
all remaining availability under the limit set forth in the next sentence). Notwithstanding
anything to the contrary herein, the aggregate amount of the Incremental Term Loans, when added to
the aggregate amount of Revolving Commitment Increases, shall not exceed $75,000,000. Each tranche
of Incremental Term Loans (a) shall rank pari passu in right of payment and of
security with the Revolving Credit Loans and the Term Loans, (b) shall not mature earlier than the
Maturity Date with respect to the Term Loans, (c) except as set forth above, shall be treated
substantially the same as the Term Loans (in each case, including with respect to mandatory and
voluntary prepayments) and (d) shall have a Weighted Average Life to Maturity of no less than
the Weighted Average Life to Maturity as then in effect for the Term Loans, provided further
that (i) except as provided in preceding clauses (a), (b), (c) and (d), the terms and conditions
applicable to Incremental Term Loans may be materially different from those of the Term Loans to
the extent such differences are reasonably acceptable to the Arrangers and (ii) the interest rates
and amortization schedule applicable to the Incremental Term Loans shall be determined by the
Borrower and the lenders thereof. Each notice from the Borrower pursuant to this Section shall set
forth the requested amount and proposed terms of the relevant Incremental Term Loans or Revolving
Commitment Increases. Incremental Term Loans may be made, and Revolving Commitment Increases may
be provided, by any existing Lender (and each existing Term Lender will have the right, but not an
obligation, to make a portion of any Incremental Term Loan, and each existing Revolving Credit
Lender will have the right to

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provide a portion of any Revolving Commitment Increase, in each case
on terms permitted in this Section 2.15 and otherwise in a form reasonably acceptable to the
Administrative Agent) or by any other bank or other financial institution (any such other bank or
other financial institution being called an “Additional Lender”), provided that the Administrative
Agent shall have consented (not to be unreasonably withheld) to such Lender’s or Additional
Lender’s making such Incremental Term Loans or providing such Revolving Commitment Increases if
such consent would be required under Section 10.07(b) for an assignment of Loans or Revolving
Credit Commitments, as applicable, to such Lender or Additional Lender. Commitments in respect of
Incremental Term Loans and Revolving Commitment Increases shall become Commitments (or in the case
of a Revolving Commitment Increase to be provided by an existing Revolving Credit Lender, an
increase in such Lender’s applicable Revolving Credit Commitment) under this Agreement pursuant to
an amendment (an “Incremental Amendment”) to this Agreement and, as appropriate, the other Loan
Documents, executed by Holdings, the Borrower, each Lender agreeing to provide such Commitment, if
any,
each Additional Lender, if any, and the Administrative Agent. The Incremental Amendment may,
without the consent of any other Lenders, effect such amendments to this Agreement and the other
Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative
Agent and the Borrower, to effect the provisions of this Section. The effectiveness of any
Incremental Amendment shall be subject to the satisfaction on the date thereof (each, an
“Incremental Facility Closing Date”) of each of the conditions set forth in Section 4.02 (it being
understood that all references to “the date of such Credit Extension” or similar language in such
Section 4.02 shall be deemed to refer to the effective date of such Incremental Amendment) and such
other conditions as the parties thereto shall agree. The Borrower will use the proceeds of the
Incremental Term Loans and Revolving Commitment Increases for any purpose not prohibited by this
Agreement. No Lender shall be obligated to provide any Incremental Term Loans or Revolving
Commitment Increases, unless it so agrees. Upon each increase in the Revolving Credit Commitments
pursuant to this Section, (A) each Revolving Credit Lender immediately prior to such increase will
automatically and without further act be deemed to have assigned to each Lender providing a portion
of the Revolving Commitment Increase (each, a “Revolving Commitment Increase Lender”) in respect of
such increase, and each such Revolving Commitment Increase Lender will automatically and without
further act be deemed to have assumed, a portion of such Revolving Credit Lender’s participations
hereunder in outstanding Letters of Credit and Swing Line Loans such that, after giving effect to
each such deemed assignment and assumption of participations, the percentage of the aggregate
outstanding (i) participations hereunder in Letters of Credit and (ii) participations hereunder in
Swing Line Loans held by each Revolving Credit Lender (including each such Revolving Commitment
Increase Lender) will equal the percentage of the aggregate Revolving Credit Commitments of all
Revolving Credit Lenders represented by such Revolving Credit Lender’s Revolving Credit Commitment
and (B) if, on the date of such increase, there are any Revolving Credit Loans outstanding, such
Revolving Credit Loans shall on or prior to the effectiveness of such Revolving Commitment Increase
be prepaid from the proceeds of additional Revolving Credit Loans made hereunder (reflecting such
increase in Revolving Credit Commitments), which prepayment shall be accompanied by
accrued interest on the Revolving Credit Loans being prepaid and any costs incurred by any Lender
in accordance with Section 3.05. The Administrative Agent and the Lenders hereby agree that the
minimum borrowing, pro rata borrowing and pro rata payment
requirements contained elsewhere in this

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Agreement shall not apply to the transactions effected
pursuant to the immediately preceding sentence.

          (b) This Section 2.15 shall supersede any provisions in Section 2.13 or 10.01 to the
contrary.

ARTICLE III

Taxes, Increased Costs Protection and Illegality

          SECTION 3.01. Taxes. (a) Except as provided in this Section 3.01, any and all
payments by the Borrower (the term Borrower under Article 3 being deemed to include any Subsidiary
for whose account a Letter of Credit is issued) to or for the account of any Agent or any Lender
under any Loan Document shall be made free and clear of and without deduction for any and all
present or
future taxes, duties, levies, imposts, deductions, assessments, fees, withholdings or similar
charges, and all liabilities (including additions to tax, penalties and interest) with respect
thereto, excluding, in the case of each Agent and each Lender, taxes imposed on or measured by its
net income or net profits (including branch profits), and franchise (and similar) taxes imposed on
it in lieu of net income taxes, by the jurisdiction (or any political subdivision thereof) under
the Laws of which such Agent or such Lender, as the case may be, is organized or maintains a
Lending Office, and all liabilities (including additions to tax, penalties and interest) with
respect thereto (all such non-excluded taxes, duties, levies, imposts, deductions, assessments,
fees, withholdings or similar charges, and liabilities being hereinafter referred to as “Taxes”).
If the Borrower shall be required by any Laws to deduct any Taxes or Other Taxes from or in respect
of any sum payable under any Loan Document to any Agent or any Lender, (i) the sum payable shall be
increased as necessary so that after making all required deductions (including deductions
applicable to additional sums payable under this Section 3.01), each of such Agent and such Lender
receives an amount equal to the sum it would have received had no such deductions been made, (ii)
the Borrower shall make such deductions, (iii) the Borrower shall pay the full amount deducted to
the relevant taxation authority or other authority in accordance with applicable Laws, and (iv)
within thirty (30) days after the date of such payment (or, if receipts or evidence are not
available within thirty (30) days, as soon as possible thereafter), the Borrower shall furnish to
such Agent or Lender (as the case may be) the original or a certified copy of a receipt evidencing
payment thereof to the extent such a receipt is issued therefor, or other written proof of payment
thereof that is reasonably satisfactory to the Administrative Agent. If the Borrower fails to pay
any Taxes or Other Taxes when due to the appropriate taxing authority or fails to remit to any
Agent or any Lender the required receipts or other required documentary evidence, the Borrower
shall indemnify such Agent and such Lender for any incremental taxes, interest or penalties that
may become payable by such Agent or such Lender arising out of such failure.

          (b) In addition, the Borrower agrees to pay any and all present or future stamp, court or
documentary taxes and any other excise, property, intangible or mortgage recording taxes or
charges or similar levies which arise from any payment made under any Loan Document or from
the execution, delivery, performance, enforcement or registration of, or otherwise with
respect to, any Loan Document (hereinafter referred to as “Other Taxes”).

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          (c) The Borrower agrees to indemnify each Agent and each Lender for (i) the full amount
of Taxes and Other Taxes (including any Taxes or Other Taxes imposed or asserted by any
jurisdiction on amounts payable under this Section 3.01) paid by such Agent and such Lender
and (ii) any liability (including additions to tax, penalties, interest and expenses) arising
therefrom or with respect thereto, in each case whether or not such Taxes or Other Taxes were
correctly or legally imposed or asserted by the relevant Governmental Authority; provided such
Agent or Lender, as the case may be, provides the Borrower with a written statement thereof
setting forth in reasonable detail the basis and calculation of such amounts. Payment under
this Section 3.01(c) shall be made within thirty (30) days after the date such Lender or such
Agent makes a demand therefor.

          (d) The Borrower shall not be required pursuant to this Section 3.01 to pay any
additional amount to, or to indemnify, any Lender or Agent, as the case may be, to the extent
that such Lender or such Agent becomes subject to Taxes subsequent to the Closing
Date (or, if later, the date such Lender or Agent becomes a party to this Agreement) as a
result of a change in the place of organization of such Lender or Agent or a change in the
lending office of such Lender, except to the extent that any such change is requested or
required in writing by the Borrower (and provided that nothing in this clause (d) shall be
construed as relieving the Borrower from any obligation to make such payments or
indemnification in the event of a change in lending office or place of organization that
precedes a change in Law to the extent such Taxes result from a change in Law).

          (e) Notwithstanding anything else herein to the contrary, if a Lender or an Agent is
subject to withholding tax imposed by any jurisdiction in which the Borrower is formed or
organized at a rate in excess of zero percent at the time such Lender or such Agent, as the
case may be, first becomes a party to this Agreement, withholding tax imposed by such
jurisdiction at such rate shall be considered excluded from Taxes unless and until such Lender
or Agent, as the case may be, provides the appropriate forms certifying that a lesser rate
applies, whereupon withholding tax at such lesser rate only shall be considered excluded from
Taxes for periods governed by such forms; provided that, if at the date of the Assignment and
Acceptance pursuant to which a Lender becomes a party to this Agreement, the Lender assignor
was entitled to payments under clause (a) of this Section 3.01 in respect of withholding tax
with respect to interest paid at such date, then, to such extent, the term Taxes shall include
(in addition to withholding taxes that may be imposed in the future or other amounts otherwise
includable in Taxes) withholding tax, if any, applicable with respect to the Lender assignee
on such date.

          (f) If any Lender or Agent determines, in its reasonable discretion, that it has received
a refund in respect of any Taxes or Other Taxes as to which indemnification or additional
amounts have been paid to it by the Borrower pursuant to this Section 3.01, it shall promptly
remit such refund (but only to the extent of indemnity payments made, or additional amounts
paid, by the Borrower under this Section 3.01 with respect to the Taxes or Other Taxes giving
rise to such refund plus any interest included in such refund by the relevant taxing authority
attributable thereto) to the Borrower, net of all out-of-pocket expenses of the Lender or
Agent, as the case may be and without interest (other than any interest paid by the relevant
taxing authority with respect to such refund); provided that the Borrower, upon the request of
the Lender or Agent, as the case may be, agrees promptly to

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return such refund to such party
in the event such party is required to repay such refund to the relevant taxing authority.
Such Lender or Agent, as the case may be, shall, at the Borrower’s request, provide the
Borrower with a copy of any notice of assessment or other evidence of the requirement to repay
such refund received from the relevant taxing authority (provided that such Lender or Agent
may delete any information therein that such Lender or Agent deems confidential). Nothing
herein contained shall interfere with the right of a Lender or Agent to arrange its tax
affairs in whatever manner it thinks fit nor oblige any Lender or Agent to claim any tax
refund or to make available its tax returns or disclose any information relating to its tax
affairs or any computations in respect thereof or require any Lender or Agent to do anything
that would prejudice its ability to benefit from any other refunds, credits, reliefs,
remissions or repayments to which it may be entitled.

          (g) Each Lender agrees that, upon the occurrence of any event giving rise to the
operation of Section 3.01(a) or (c) with respect to such Lender it will, if requested by the
Borrower, use commercially reasonable efforts (subject to such Lender’s overall internal
policies of general application and legal and regulatory restrictions) to designate another
Lending Office for any Loan or Letter of Credit affected by such event; provided that such
efforts are made on terms that, in the sole judgment of such Lender, cause such Lender and its
Lending Office(s) to suffer no economic, legal or regulatory disadvantage, and provided
further that nothing in this Section 3.01(g) shall affect or postpone any of the Obligations
of the Borrower or the rights of such Lender pursuant to Section 3.01(a) or (c).

          SECTION 3.02. Illegality. If any Lender reasonably determines that any Law has made
it unlawful, or that any Governmental Authority has asserted that it is unlawful, for any Lender or
its applicable Lending Office to make, maintain or fund Eurocurrency Rate Loans, or to determine or
charge interest rates based upon the Eurocurrency Rate, then, on written notice thereof by such
Lender to the Borrower through the Administrative Agent, any obligation of such Lender to make or
continue Eurocurrency Rate Loans or to convert Base Rate Loans to Eurocurrency Rate Loans shall be
suspended until such Lender notifies the Administrative Agent and the Borrower that the
circumstances giving rise to such determination no longer exist. Upon receipt of such notice, the
Borrower shall upon demand from such Lender (with a copy to the Administrative Agent), prepay or,
if applicable, convert all Eurocurrency Rate Loans of such Lender to Base Rate Loans, either on the
last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such
Eurocurrency Rate Loans to such day, or promptly, if such Lender may not lawfully continue to
maintain such Eurocurrency Rate Loans. Upon any such prepayment or conversion, the Borrower shall
also pay accrued interest on the amount so prepaid or converted and all amounts due, if any, in
connection with such prepayment or conversion under Section 3.05. Each Lender agrees to designate
a different Lending Office if such designation will avoid the need for such notice and will not, in
the good faith judgment of such Lender, otherwise be materially disadvantageous to such Lender.

          SECTION 3.03. Inability to Determine Rates. If the Required Lenders determine that
for any reason adequate and reasonable means do not exist for determining the Eurocurrency Rate for
any requested Interest Period with respect to a proposed Eurocurrency Rate Loan, or that the
Eurocurrency Rate for any requested Interest Period with respect to a proposed Eurocurrency Rate
Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, or that
Dollar deposits are not being offered to banks in the London

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interbank eurodollar market for the
applicable amount and the Interest Period of such Eurocurrency Rate Loan, the Administrative Agent
will promptly so notify in writing the Borrower and each Lender. Thereafter, the obligation of the
Lenders to make or maintain Eurocurrency Rate Loans shall be suspended until the Administrative
Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such
written notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or
continuation of Eurocurrency Rate Loans or, failing that, will be deemed to have converted such
request into a request for a Borrowing of Base Rate Loans in the amount specified therein.

          SECTION 3.04. Increased Cost and Reduced Return; Capital Adequacy; Reserves on
Eurocurrency Rate Loans. (a) If any Lender determines that as a result of the introduction of or any change in or
in the interpretation of any Law, in each case after the date hereof, or such Lender’s compliance
therewith, there shall be any increase in the cost to such Lender of agreeing to make or making,
funding or maintaining Eurocurrency Rate Loans or (as the case may be) issuing or participating in
Letters of Credit, or a reduction in the amount received or receivable by such Lender in connection
with any of the foregoing (excluding for purposes of this Section 3.04(a) any such increased costs
or reduction in amount resulting from (i) Taxes or Other Taxes (as to which Section 3.01 shall
govern), (ii) changes in taxation of overall net income or overall gross income (including branch
profits), and franchise (and similar) taxes imposed in lieu of net income taxes, by the United
States or any foreign jurisdiction or any political subdivision of either thereof under the Laws of
which such Lender is organized or maintains a Lending Office and (iii) reserve requirements
contemplated by Section 3.04(c), then from time to time within fifteen (15) days after written
demand by such Lender setting forth in reasonable detail such increased costs and the basis for the
calculation thereof (with a copy of such demand to the Administrative Agent given in accordance
with Section 3.06), the Borrower shall pay to such Lender such additional amounts as will
compensate such Lender for such increased cost or reduction.

          (b) If any Lender determines that the introduction of any Law regarding capital adequacy
or any change therein or in the interpretation thereof, in each case after the date hereof, or
compliance by such Lender (or its Lending Office) therewith, has the effect of reducing the
rate of return on the capital of such Lender or any corporation controlling such Lender as a
consequence of such Lender’s obligations hereunder (taking into consideration its policies
with respect to capital adequacy and such Lender’s desired return on capital), then from time
to time upon written demand of such Lender setting forth in reasonable detail the charge and
the calculation of such reduced rate of return (with a copy of such demand to the
Administrative Agent given in accordance with Section 3.06), the Borrower shall pay to such
Lender such additional amounts as will compensate such Lender for such reduction within
fifteen (15) days after receipt of such demand.

          (c) The Borrower shall pay to each Lender, (i) as long as such Lender shall be required
to maintain reserves with respect to liabilities or assets consisting of or including
Eurocurrency funds or deposits, additional interest on the unpaid principal amount of each
Eurocurrency Rate Loan equal to the actual costs of such reserves allocated to such Loan by
such Lender (as determined by such Lender in good faith, which determination shall be
conclusive in the absence of manifest error), and (ii) as long as such Lender shall be
required to comply with any reserve ratio requirement or analogous requirement of any

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other
central banking or financial regulatory authority imposed in respect of the maintenance of the
Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as
a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places)
equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined
by such Lender in good faith, which determination shall be conclusive absent manifest error)
which in each case shall be due and payable on each date on which interest is payable on such
Loan, provided the Borrower shall have received at least fifteen (15) days’ prior written
notice (with a copy to the Administrative Agent) of such additional interest or cost from such
Lender. If a Lender fails to give written
notice fifteen (15) days prior to the relevant Interest Payment Date, such additional
interest or cost shall be due and payable fifteen (15) days from receipt of such notice.

          (d) Failure or delay on the part of any Lender to demand compensation pursuant to this
Section 3.04 shall not constitute a waiver of such Lender’s right to demand such compensation,
provided that the Borrower shall not be required to compensate a Lender pursuant to Section
3.04(a), (b) or (c) for any such increased cost or reduction incurred more than one hundred
and eighty (180) days prior to the date that such Lender demands, or notifies the Borrower in
writing of its intention to demand, compensation therefor, provided further that, if the
circumstance giving rise to such increased cost or reduction is retroactive, then such 180-day
period referred to above shall be extended to include the period of retroactive effect
thereof.

          (e) If any Lender requests compensation under this Section 3.04, then such Lender will,
if requested by the Borrower, use commercially reasonable efforts to designate another Lending
Office for any Loan or Letter of Credit affected by such event; provided that such efforts are
made on terms that, in the reasonable judgment of such Lender, cause such Lender and its
Lending Office(s) to suffer no material economic, legal or regulatory disadvantage, and
provided further that nothing in this Section 3.04(e) shall affect or postpone any of the
Obligations of the Borrower or the rights of such Lender pursuant to Section 3.04(a), (b), (c)
or (d).

          SECTION 3.05. Funding Losses. Upon written demand (which demand shall set forth in
reasonable detail the terms for requesting such amount) of any Lender (with a copy to the
Administrative Agent) from time to time, the Borrower shall promptly compensate such Lender for and
hold such Lender harmless from any loss, cost or expense incurred by it as a result of:

     (a) any continuation, conversion, payment or prepayment of any Loan other than a Base
Rate Loan on a day other than the last day of the Interest Period for such Loan; or

     (b) any failure by the Borrower (for a reason other than the failure of such Lender to
make a Loan) to prepay, borrow, continue or convert any Loan other than a Base Rate Loan on
the date or in the amount notified by the Borrower (but excluding loss of anticipated
profits);

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including any loss or expense arising from the liquidation or reemployment of funds obtained by it
to maintain such Loan or from fees payable to terminate the deposits from which such funds were
obtained.

          For purposes of calculating amounts payable by the Borrower to the Lenders under this Section
3.05, each Lender shall be deemed to have funded each Eurocurrency Rate Loan made by it at the
Eurocurrency Rate for such Loan by a matching deposit or other borrowing in the London interbank
eurodollar market for a comparable amount and for a comparable period, whether or not such
Eurocurrency Rate Loan was in fact so funded.

          SECTION 3.06. Matters Applicable to All Requests for Compensation. (a) Any Agent or any Lender claiming compensation under this Article 3 shall deliver a
certificate to the Borrower setting forth the additional amount or amounts to be paid to it
hereunder which shall be conclusive in the absence of manifest error. In determining such amount,
such Agent or such Lender may use any reasonable averaging and attribution methods.

          (b) With respect to any Lender’s claim for compensation under Section 3.01, 3.02, 3.03 or
3.04, the Borrower shall not be required to compensate such Lender for any amount incurred
more than one hundred and eighty (180) days prior to the date that such Lender notifies the
Borrower of the event that gives rise to such claim; provided that, if the circumstance giving
rise to such claim is retroactive, then such 180-day period referred to above shall be
extended to include the period of retroactive effect thereof. If any Lender requests
compensation by the Borrower under Section 3.04, the Borrower may, by notice to such Lender
(with a copy to the Administrative Agent), suspend the obligation of such Lender to make or
continue from one Interest Period to another Eurocurrency Rate Loans, or to convert Base Rate
Loans into Eurocurrency Rate Loans, until the event or condition giving rise to such request
ceases to be in effect (in which case the provisions of Section 3.06(c) shall be applicable);
provided that such suspension shall not affect the right of such Lender to receive the
compensation so requested.

          (c) If the obligation of any Lender to make or continue from one Interest Period to
another any Eurocurrency Rate Loan, or to convert Base Rate Loans into Eurocurrency Rate Loans
shall be suspended pursuant to Section 3.06(b) hereof, such Lender’s Eurocurrency Rate Loans
shall be automatically converted into Base Rate Loans on the last day(s) of the then current
Interest Period(s) for such Eurocurrency Rate Loans (or, in the case of an immediate
conversion required by Section 3.02, on such earlier date as required by Law) and, unless and
until such Lender gives notice as provided below that the circumstances specified in Section
3.01, 3.02, 3.03 or 3.04 hereof that gave rise to such conversion no longer exist:

     (i) to the extent that such Lender’s Eurocurrency Rate Loans have been so converted,
all payments and prepayments of principal that would otherwise be applied to such Lender’s
Eurocurrency Rate Loans shall be applied instead to its Base Rate Loans; and

     (ii) all Loans that would otherwise be made or continued from one Interest Period to
another by such Lender as Eurocurrency Rate Loans shall be made or continued

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instead as Base
Rate Loans, and all Base Rate Loans of such Lender that would otherwise be converted into
Eurocurrency Rate Loans shall remain as Base Rate Loans.

          (d) If any Lender gives notice to the Borrower (with a copy to the Administrative Agent)
that the circumstances specified in Section 3.01, 3.02, 3.03 or 3.04 hereof that gave rise to
the conversion of such Lender’s Eurocurrency Rate Loans pursuant to this Section 3.06 no
longer exist (which such Lender agrees to do promptly upon such circumstances ceasing to
exist) at a time when Eurocurrency Rate Loans made by other Lenders are outstanding, such
Lender’s Base Rate Loans shall be automatically converted, on the first day(s) of the next
succeeding Interest Period(s) for such outstanding Eurocurrency Rate Loans, to the extent
necessary so that, after giving effect thereto, all
Loans held by the Lenders holding Eurocurrency Rate Loans and by such Lender are held
pro rata (as to principal amounts, interest rate basis, and Interest Periods)
in accordance with their respective Commitments.

          SECTION 3.07. Replacement of Lenders under Certain Circumstances. (a) If at any time
(i) the Borrower becomes obligated to pay additional amounts or indemnity payments described in
Section 3.01 or 3.04 as a result of any condition described in such Sections or any Lender ceases
to make Eurocurrency Rate Loans as a result of any condition described in Section 3.02 or Section
3.04, (ii) any Lender becomes a Defaulting Lender or (iii) any Lender becomes a Non-Consenting
Lender, then the Borrower may, on ten (10) Business Days’ prior written notice to the
Administrative Agent and such Lender, replace such Lender by causing such Lender to (and such
Lender shall be obligated to) assign pursuant to Section 10.07(b) (with the assignment fee to be
paid by the Borrower in such instance) all of its rights and obligations under this Agreement to
one or more Eligible Assignees; provided that neither the Administrative Agent nor any Lender shall
have any obligation to the Borrower to find a replacement Lender or other such Person; and provided
further that (A) in the case of any such assignment resulting from a claim for compensation under
Section 3.04 or payments required to be made pursuant to Section 3.01, such assignment will result
in a reduction in such compensation or payments and (B) in the case of any such assignment
resulting from a Lender becoming a Non-Consenting Lender, the applicable Eligible Assignees shall
have agreed to the applicable departure, waiver or amendment of the Loan Documents.

          (b) Any Lender being replaced pursuant to Section 3.07(a) above shall (i) execute and
deliver an Assignment and Assumption with respect to such Lender’s Commitment and outstanding
Loans and participations in L/C Obligations and Swing Line Loans, and (ii) deliver any Notes
evidencing such Loans to the Borrower or Administrative Agent. Pursuant to such Assignment
and Assumption, (A) the assignee Lender shall acquire all or a portion, as the case may be, of
the assigning Lender’s Commitment and outstanding Loans and participations in L/C Obligations
and Swing Line Loans, (B) all obligations of the Borrower owing to the assigning Lender
relating to the Loans and participations so assigned shall be paid in full by the assignee
Lender to such assigning Lender concurrently with such assignment and assumption and (C) upon
such payment and, if so requested by the assignee Lender, delivery to the assignee Lender of
the appropriate Note or Notes executed by the Borrower, the assignee Lender shall become a
Lender hereunder and the assigning Lender shall cease to constitute a Lender hereunder with
respect to such assigned

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Loans, Commitments and participations, except with respect to
indemnification provisions under this Agreement, which shall survive as to such assigning
Lender.

          (c) Notwithstanding anything to the contrary contained above, any Lender that acts as an
L/C Issuer may not be replaced hereunder at any time that it has any Letter of Credit
outstanding hereunder unless arrangements reasonably satisfactory to such L/C Issuer
(including the furnishing of a back-up standby letter of credit in form and substance, and
issued by an issuer reasonably satisfactory to such L/C Issuer or the depositing of cash
collateral into a cash collateral account in amounts and pursuant to arrangements reasonably
satisfactory to such L/C Issuer) have been made with respect to each such outstanding Letter
of Credit and the Lender that acts as the Administrative Agent may not be replaced
hereunder except in accordance with the terms of Section 9.09.

          (d) In the event that (i) the Borrower or the Administrative Agent has requested that the
Lenders consent to a departure or waiver of any provisions of the Loan Documents or agree to
any amendment thereto, (ii) the consent, waiver or amendment in question requires the
agreement of all affected Lenders in accordance with the terms of Section 10.01 or all the
Lenders with respect to a certain Class of the Loans and (iii) the Required Lenders have
agreed to such consent, waiver or amendment, then any Lender who does not agree to such
consent, waiver or amendment shall be deemed a “Non-Consenting Lender”.

            SECTION 3.08. Survival. All of the Borrower’s obligations under this Article 3 shall
survive termination of the Aggregate Commitments and repayment of all other Obligations hereunder.

ARTICLE IV

Conditions Precedent to Credit Extensions

            SECTION 4.01. Conditions of Initial Credit Extension. The obligation of each Lender
to make its initial Credit Extension hereunder is subject to satisfaction of the following
conditions precedent:

     (a) The Administrative Agent’s receipt of the following, each of which shall be
originals or facsimiles or other electronic copies (followed promptly by originals) unless
otherwise specified, each properly executed by a Responsible Officer of the signing Loan
Party, each in form and substance reasonably satisfactory to the Administrative Agent and
its legal counsel:

     (i) executed counterparts of this Agreement and the Guaranty;

     (ii) a Note executed by the Borrower in favor of each Lender that has requested
a Note at least two Business Days in advance of the Closing Date;

     (iii) each Collateral Document set forth on Schedule 1.01B, duly executed by
each Loan Party thereto, together with:

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     (A) certificates, if any, representing the Pledged Equity referred to
therein accompanied by undated stock powers executed in blank and
instruments evidencing the Pledged Debt indorsed in blank, and

     (B) evidence that all other actions, recordings and filings that the
Administrative Agent may deem reasonably necessary to satisfy the Collateral
and Guarantee Requirement shall have been taken, completed or
otherwise provided for in a manner reasonably satisfactory to the
Administrative Agent;

     (iv) such certificates of resolutions or other action, incumbency certificates
and/or other certificates of Responsible Officers of each Loan Party as the
Administrative Agent may reasonably require evidencing the identity, authority and
capacity of each Responsible Officer thereof authorized to act as a Responsible
Officer in connection with the execution and delivery of this Agreement and the
other Loan Documents to which such Loan Party is a party or is to be a party on the
Closing Date;

     (v) (A) opinion from Simpson Thacher & Bartlett LLP, New York counsel to the
Loan Parties substantially in the form of Exhibit I and (B) opinions from local
counsel to the Loan Parties (not otherwise covered by the opinion described in
immediately preceding clause (A)), in form and substance reasonably satisfactory to
the Administrative Agent, addressed to the Administrative Agent and each of the
Lenders and dated the Closing Date covering such matters incident to the
transactions contemplated herein as the Administrative Agent may reasonably request;

     (vi) a certificate substantially in the form of Exhibit H attesting to the
Solvency of the Loan Parties (taken as a whole) after giving effect to the
Transaction, from the Chief Financial Officer of the Borrower;

     (vii) evidence that all insurance (including title insurance) required to be
maintained pursuant to the Loan Documents has been obtained and is in effect and
that the Administrative Agent has been named as loss payee under each insurance
policy with respect to such insurance as to which the Administrative Agent shall
have requested to be so named;

     (viii) certified copies of the Merger Agreement, duly executed by the parties
thereto, together with all material agreements, instruments and other documents
delivered in connection therewith as the Administrative Agent shall reasonably
request, each including certification by a Responsible Officer of the Borrower that
such documents are in full force and effect as of the Closing Date; and

     (ix) a Loan Notice or Letter of Credit Application, as applicable, relating to
the initial Credit Extension.

          (b) All fees and expenses required to be paid hereunder and invoiced before the Closing
Date shall have been paid in full in cash.

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          (c) Prior to or simultaneously with the initial Credit Extension, (i) the Equity
Contributions of the Sponsors shall have been funded in full in cash, (ii) the Borrower
shall have received (whether directly as a result of the Equity Contribution or as a result
of an equity contribution by Holdings) cash proceeds or, with respect to Management
Stockholders, other property or agreements entitling the Borrower to retain amounts of cash
which would absent such agreement be payable to the Management Stockholders in
connection with the Transaction, from the Equity Contribution in an aggregate amount
equal to at least $240,000,000, and (iii) the Merger shall be consummated in accordance with
the terms of the Merger Agreement (and no provision thereof (including the conditions
precedent set forth therein) amended, modified, supplemented or waived to the extent
materially adverse to the interests of the Lenders (taken as a whole) without the consent of
the Arrangers, which consent shall not be unreasonably withheld).

          (d) Prior to or simultaneously with the initial Credit Extensions, the Borrower shall
have received at least $175,000,000 in gross cash proceeds from the issuance of the Senior
Subordinated Notes.

          (e) (i) Prior to the date of the initial Credit Extension hereunder, (x) the Target
shall have commenced tender offers and consent solicitations with respect to its Existing
PIK Notes (the “Existing PIK Notes Tender Offer and Consent Solicitation”) pursuant to
which, inter alia, consents shall be solicited to proposed amendments (the “Existing PIK
Notes Indenture Amendment”) to the Existing PIK Notes Indentures, which amendments shall,
inter alia, provide for the substantial elimination of the covenants
contained in the Existing PIK Notes Indentures and (y) Opco shall have commenced tender
offers and consent solicitations with respect to each of the Existing Opco Notes (the
“Existing Opco Notes Tender Offers and Consent Solicitations”) pursuant to which, inter
alia, consents shall be solicited to proposed amendments (the “Existing Opco Notes Indenture
Amendments”) to each of the Existing Opco Notes Indentures, which amendments shall,
inter alia, provide for the substantial elimination of the covenants
contained in the Existing Opco Notes Indentures.

          (ii) On or prior to the date of the initial Credit Extension, (x) holders of at least a
majority of the aggregate outstanding principal amount of the Existing PIK Notes, the
Existing Fixed Notes and the Existing Floating Notes shall have validly tendered, and not
withdrawn, their Existing Tender Offer Notes and provided their consent pursuant to, and in
accordance with the requirements of, the Tender Offer and Consent Solicitation therefor, and
(y) the Target or Opco, as applicable, and the trustees under each of the Existing Tender
Offer Notes Indentures shall have duly executed and delivered the Existing Tender Offer
Notes Indenture Supplements and same shall have become effective in accordance with their
terms and the terms of the relevant Existing Tender Offer Notes Indenture.

          (iii) Immediately following the making of the initial Credit Extensions, the Borrower
shall have deposited into a segregated account (the “Segregated Account”) with the trustee
under the indenture for the Existing Floating Notes proceeds of (A) the Term Loans and (B)
Revolving Credit Loans (in an aggregate principal amount not to exceed $5,000,000), in an
aggregate amount equal to the sum of (x) the aggregate

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redemption price of the Existing
Floating Notes not validly tendered (or validly tendered and subsequently withdrawn)
pursuant to the Existing Opco Notes Tender Offer and Consent Solicitation therefor
plus (y) liquidated damages payable pursuant to the registration rights agreement
relating to the Existing Floating Notes and all unpaid interest accruing thereon through the
30th day following the date of the initial Credit
Extension, or if such day is not a Business Day, the immediately succeeding Business
Day (the “Redemption Date”).

          (iv) Concurrently with the making of the initial Credit Extensions, the Borrower shall
have delivered an irrevocable “notice of redemption” to the trustee under the Existing
Floating Notes Indenture pursuant to, and in accordance with the requirements of, the
Existing Floating Notes Indenture.

          (v) Prior to or simultaneously with the initial Credit Extensions, the Borrower shall
have terminated the Existing Credit Agreement and taken all other necessary actions such
that, immediately after giving effect to the Transaction (including the Tender Offer and
Consent Solicitation Consummation as if the same had occurred on such date but excluding the
Existing Floating Notes Redemption), (i) Holdings and its Subsidiaries shall have
outstanding no Indebtedness or preferred Equity Interests other than (A) the Term Loans and
L/C Obligations, (B) the Senior Subordinated Notes, (C) Existing Floating Notes and Existing
Fixed Notes (which outstanding Existing Fixed Rate Notes shall be in an aggregate principal
amount not to exceed $3,000,000) not repurchased pursuant to the Existing Opco Tender Offer
and Consent Solicitation Consummation therefor and (D) Indebtedness listed on Schedule
7.03(b) and (ii) the Borrower shall have outstanding no Equity Interests (or securities
convertible into or exchangeable for Equity Interests or rights or options to acquire Equity
Interests) other than common stock owned by Holdings, with terms and conditions reasonably
acceptable to the Arrangers to the extent material to the interests of the Lenders.

          (f) The Arrangers and the Lenders shall have received (i) the Audited Financial
Statements and the audit report for such financial statements (which shall not be subject to
any qualification) and (ii) unaudited consolidated balance sheets and related statements of
income, stockholders’ equity and cash flows of Target and its Subsidiaries for (A) each
subsequent fiscal quarter ended after September 30, 2005 and at least forty-five (45) days
before the Closing Date (collectively, the “Unaudited Financial Statements”), which
financial statements shall be prepared in accordance with GAAP.

          (g)
The Arrangers and the Lenders shall have received the Pro Forma Financial
Statements.

          (h) On or prior to the date of the initial Credit Extension, each Loan Party and each
other Subsidiary of Holdings which is an obligee or obligor with respect to any intercompany
Indebtedness shall have duly authorized, executed and delivered the Intercompany
Subordination Agreement, and the Intercompany Subordination Agreement shall be in full force
and effect.

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          SECTION 4.02. Conditions to All Credit Extensions. The obligation of each Lender to
honor any Request for Credit Extension (other than a Loan Notice requesting only a conversion of
Loans to the other Type, or a continuation of Eurocurrency Rate Loans) is subject to the following
conditions precedent:

     (a) The representations and warranties of the Borrower and each other Loan Party
contained in Article 5 or any other Loan Document (except, in the case of the initial Credit
Extensions, the representations contained in Sections 5.01(c), (d) and (e), 5.02(a) and (b),
5.03, 5.05, 5.06, 5.07, 5.08, 5.09, 5.10, 5.11, 5.12, 5.14, 5.15, 5.16, and 5.18) shall be
true and correct in all material respects on and as of the date of such Credit Extension;
provided that, to the extent that such representations and warranties specifically refer to
an earlier date, they shall be true and correct in all material respects as of such earlier
date; provided, further that, any representation and warranty that is qualified as to
“materiality,” “Closing Date Material Adverse Effect”, “Material Adverse Effect” or similar
language shall be true and correct in all respects on such respective dates.

     (b) No Default shall exist, or would result from such proposed Credit Extension or from
the application of the proceeds therefrom.

     (c) The Administrative Agent and, if applicable, the relevant L/C Issuer or the Swing
Line Lender shall have received a Request for Credit Extension in accordance with the
requirements hereof.

          Each Request for Credit Extension (other than a Loan Notice requesting only a conversion of
Loans to the other Type or a continuation of Eurocurrency Rate Loans) submitted by the Borrower
shall be deemed to be a representation and warranty that the conditions specified in Sections
4.02(a) and (b) have been satisfied on and as of the date of the applicable Credit Extension.

ARTICLE V

Representations and Warranties

          The Borrower represents and warrants to the Agents and the Lenders that:

          SECTION 5.01. Existence, Qualification and Power; Compliance with Laws. Each Loan
Party and each of its Subsidiaries (or, in the case of clause (a) only, its Material Subsidiaries)
(a) is a Person duly organized or formed, validly existing and in good standing under the Laws of
the jurisdiction of its incorporation or organization, (b) has all requisite power and authority to
(i) own or lease its assets and carry on its business and (ii) in the case of the Loan Parties
only, execute, deliver and perform its obligations under the Loan Documents to which it is a party,
(c) is duly qualified and in good standing under the Laws of each jurisdiction where its ownership,
lease or operation of properties or the conduct of its business requires such qualification, (d) is
in compliance with all Laws, orders, writs, injunctions and orders and (e) has all requisite
governmental licenses, authorizations, consents and approvals to operate its business as currently
conducted; except in each case referred to in clause (c), (d) or (e), to the extent that

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failure to
do so could not reasonably be expected to have, as of the Closing Date, a Closing Date Material
Adverse Effect, and thereafter, a Material Adverse Effect.

          SECTION 5.02. Authorization; No Contravention. The execution, delivery and performance by each Loan Party of each Loan Document to which
such Person is a party, and the consummation of the Transaction, are within such Loan Party’s
corporate or other powers, have been duly authorized by all necessary corporate or other
organizational action, and do not and will not (a) contravene the terms of any of such Person’s
Organization Documents, (b) conflict with or result in any breach or contravention of, or the
creation of any Lien under (other than as permitted by Section 7.01), or require any payment to be
made under (i) (x) any material indenture, mortgage, deed of trust or loan agreement (including the
Senior Subordinated Notes Indenture) or (y) any other Contractual Obligation to which such Person
is a party or affecting such Person or the properties of such Person or any of its Subsidiaries or
(ii) any material order, injunction, writ or decree of any Governmental Authority or any arbitral
award to which such Person or its property is subject; or (c) violate any material Law; except with
respect to any conflict, breach or contravention or payment (but not creation of Liens) referred to
in clause (b)(i)(y), to the extent that such conflict, breach, contravention or payment could not
reasonably be expected to have, as of the Closing Date, a Closing Date Material Adverse Effect, and
thereafter, a Material Adverse Effect.

          SECTION 5.03. Governmental Authorization; Other Consents. No material approval,
consent, exemption, authorization, or other action by, or notice to, or filing with, any
Governmental Authority or any other Person is necessary or required in connection with (a) the
execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or
any other Loan Document, (b) the grant by any Loan Party of the Liens granted by it pursuant to the
Collateral Documents, (c) the perfection or maintenance of the Liens created under the Collateral
Documents (including the priority thereof) or (d) the exercise by the Administrative Agent or any
Lender of its rights under the Loan Documents or the remedies in respect of the Collateral pursuant
to the Collateral Documents, except for (i) filings necessary to perfect the Liens on the
Collateral granted by the Loan Parties in favor of the Secured Parties, and (ii) the approvals,
consents, exemptions, authorizations, actions, notices and filings which have been duly obtained,
taken, given or made and are in full force and effect.

          SECTION 5.04. Binding Effect. This Agreement and each other Loan Document has been
duly executed and delivered by each Loan Party that is party thereto. This Agreement and each
other Loan Document constitutes, a legal, valid and binding obligation of such Loan Party,
enforceable against each Loan Party that is party thereto in accordance with its terms, subject to
the effects of Debtor Relief Laws and by general principles of equity (whether considered in a
proceeding in equity or law).

          SECTION 5.05. Financial Statements; No Material Adverse Effect. (a) (i) The Audited
Financial Statements and the Unaudited Financial Statements fairly present in all material respects
the financial condition of the Target and its Subsidiaries as of the dates thereof and their
results of operations for the period covered thereby in accordance with GAAP consistently applied
throughout the periods covered thereby, except as otherwise expressly noted therein subject, in the
case of the Unaudited Financial Statements, to
changes resulting from normal year-end adjustments, audit adjustments and absence of
footnotes. During the period

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from September 30, 2005 to and including the Closing Date, there has
been (i) no sale, transfer or other disposition by Target or any of its Subsidiaries of any
material part of the business or property of Target or any of its Subsidiaries, taken as a whole
and (ii) no purchase or other acquisition by Target or any of its Subsidiaries of any business or
property (including any Equity Interests of any other Person) material in relation to the
consolidated financial condition of Target and its Subsidiaries, in each case, which is not
reflected in the foregoing financial statements or in the notes thereto or has not otherwise been
disclosed in writing to the Lenders prior to the Closing Date.

          (ii) The unaudited Pro Forma consolidated balance sheet of the Borrower and its Subsidiaries as
at December 31, 2005 (including the notes thereto) (the “Pro Forma Balance Sheet”) and the
unaudited Pro Forma consolidated statement of operations of the Borrower and its Subsidiaries for
the fiscal year ended September 30, 2005 and the fiscal quarter ended December 31, 2005 (together
with the Pro Forma Balance Sheet, the “Pro Forma Financial Statements”), copies of which have
heretofore been furnished to the Administrative Agent for distribution to each Lender, have been
prepared giving effect (as if such events had occurred on such date or at the beginning of such
periods, as the case may be) to the Transaction, each material acquisition by Target or any of its
Subsidiaries consummated after December 31, 2005 and prior to the Closing Date and all other
transactions that would be required to be given Pro Forma effect by Regulation S-X promulgated
under the Exchange Act (including other adjustments consistent with the definition of Pro Forma
Adjustment or as otherwise agreed between the Borrower and the Arrangers). The Pro Forma Financial
Statements have been prepared in good faith, based on assumptions believed by the Borrower to be
reasonable as of the date of delivery thereof, and present fairly in all material respects on a pro
forma basis and in accordance with GAAP the estimated financial position of the Borrower and its
Subsidiaries as at December 31, 2005 and their estimated results of operations for the periods
covered thereby, assuming that the events specified in the preceding sentence had actually occurred
at such date or at the beginning of the periods covered thereby.

          (b) Since September 30, 2005, there has been no event or circumstance, either
individually or in the aggregate, that has had or could reasonably be expected to have, as of
the Closing Date, a Closing Date Material Adverse Effect, and thereafter, a Material Adverse
Effect.

          (c) The forecasts of consolidated balance sheets, income statements and cash flow
statements of the Borrower and its Subsidiaries for each fiscal year ending after the Closing
Date until the eighth anniversary of the Closing Date, copies of which have been furnished to
the Administrative Agent prior to the Closing Date, have been prepared in good faith on the
basis of the assumptions stated therein, which assumptions were believed to be reasonable at
the time of preparation of such forecasts, it being understood that actual results may vary
from such forecasts and that such variations may be material.

          (d) As of the Closing Date, neither the Borrower nor any Subsidiary has any Indebtedness
or other obligations or liabilities, direct or contingent (other than (i) the liabilities
reflected on Schedule 5.05, (ii) obligations arising under this Agreement and (iii)
liabilities incurred in the ordinary course of business) that, either individually or in the

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aggregate, have had or could reasonably be expected to have a Closing Date Material
Adverse Effect.

          SECTION 5.06. Litigation. There are no actions, suits, proceedings, claims or
disputes pending or, to the knowledge of the Borrower, threatened in writing or contemplated, at
law, in equity, in arbitration or before any Governmental Authority, by or against the Borrower or
any of its Subsidiaries or against any of their properties or revenues that either individually or
in the aggregate, could reasonably be expected to have, as of the Closing Date, a Closing Date
Material Adverse Effect, and thereafter, a Material Adverse Effect.

          SECTION 5.07. No Default. Neither the Borrower nor any Subsidiary is in default under
or with respect to, or a party to, any Contractual Obligation (other than Contractual Obligations
in respect of Indebtedness) that could, either individually or in the aggregate, reasonably be
expected to have a Material Adverse Effect.

          SECTION 5.08. Ownership of Property; Liens. Each Loan Party and each of its
Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests
in, or easements or other limited property interests in, all real property necessary in the
ordinary conduct of its business, free and clear of all Liens except for minor defects in title
that do not materially interfere with its ability to conduct its business or to utilize such assets
for their intended purposes and Liens permitted by Section 7.01 and except where the failure to
have such title could not reasonably be expected to have, individually or in the aggregate, as of
the Closing Date, a Closing Date Material Adverse Effect, and thereafter, a Material Adverse
Effect.

          SECTION 5.09. Environmental Compliance. (a) There are no claims, actions, suits, or
proceedings against any Loan Party or any of its Subsidiaries alleging potential liability or
responsibility for violation of, or otherwise relating to, any Environmental Law that could,
individually or in the aggregate, reasonably be expected to have, as of the Closing Date, a Closing
Date Material Adverse Effect, and thereafter, a Material Adverse Effect.

          (b) Except as could not reasonably be expected to have, individually or in the aggregate,
as of the Closing Date, a Closing Date Material Adverse Effect, and thereafter, a Material
Adverse Effect, (i) none of the properties currently or formerly owned, leased or operated by
any Loan Party or any of its Subsidiaries is listed or proposed for listing on the NPL or on
the CERCLIS or any analogous foreign, state or local list or is adjacent to any such property;
(ii) there are no and never have been any underground or aboveground storage tanks or any
surface impoundments, septic tanks, pits, sumps or lagoons in which Hazardous Materials are
being or have been treated, stored or disposed on any property currently owned, leased or
operated by any Loan Party or any of its Subsidiaries or, to its knowledge, on any property
formerly owned or operated by any Loan
Party or any of its Subsidiaries; (iii) there is no asbestos or asbestos-containing
material on any property currently owned or operated by any Loan Party or any of its
Subsidiaries; and (iv) Hazardous Materials have not been released, discharged or disposed of
by any Loan Party or any of its Subsidiaries on any property currently or formerly owned,
leased or operated by any Loan Party or any of its Subsidiaries and Hazardous Materials have
not otherwise been released, discharged or disposed of by any of the Loan Parties and their
Subsidiaries at any other location.

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          (c) The properties owned, leased or operated by the Borrower and the Subsidiaries do not
contain any Hazardous Materials in amounts or concentrations which (i) constitute, or
constituted a violation of, (ii) require remedial action under, or (iii) could give rise to
liability under, Environmental Laws, which violations, remedial actions and liabilities,
individually or in the aggregate, could reasonably be expected to result in, as of the Closing
Date, a Closing Date Material Adverse Effect, and thereafter, a Material Adverse Effect.

          (d) Neither any Loan Party nor any of its Subsidiaries is undertaking, and has not
completed, either individually or together with other potentially responsible parties, any
investigation or assessment or remedial or response action relating to any actual or
threatened release, discharge or disposal of Hazardous Materials at any site, location or
operation, either voluntarily or pursuant to the order of any Governmental Authority or the
requirements of any Environmental Law except for such investigation or assessment or remedial
or response action that, individually or in the aggregate, could not reasonably be expected to
result in, as of the Closing Date, a Closing Date Material Adverse Effect, and thereafter, a
Material Adverse Effect.

          (e) All Hazardous Materials generated, used, treated, handled or stored at, or
transported to or from, any property currently or formerly owned or operated by any Loan Party
or any of its Subsidiaries have been disposed of in a manner not reasonably expected to
result, individually or in the aggregate, in, as of the Closing Date, a Closing Date Material
Adverse Effect, and thereafter, a Material Adverse Effect.

          (f) Except as would not reasonably be expected to result, individually or in the
aggregate, in, as of the Closing Date, a Closing Date Material Adverse Effect, and thereafter,
a Material Adverse Effect, none of the Loan Parties and their Subsidiaries has contractually
assumed any liability or obligation under or relating to any Environmental Law.

          SECTION 5.10. Taxes. Holdings, the Borrower and the Borrower’s Subsidiaries have
filed all Federal and other material tax returns and reports required to be filed, and have paid
all material Federal, state and other taxes, assessments, fees and other governmental charges
levied or imposed upon them or their properties, income or assets otherwise due and payable, except
those (a) which are not overdue by more than thirty (30) days or (b) which are being contested in
good faith by appropriate proceedings diligently conducted and for which adequate reserves have
been provided in accordance with GAAP.

          SECTION 5.11. ERISA Compliance. (a) Except as could not, either individually or in
the aggregate, reasonably be expected to result in, as of the Closing Date, a Closing Date Material
Adverse Effect, and thereafter, a Material Adverse Effect, each Plan is in compliance in with the
applicable provisions of ERISA, the Code and other Federal or state Laws.

          (b) (i) No ERISA Event has occurred during the five year period prior to the date on
which this representation is made or deemed made with respect to any Pension Plan for which
any liability remains unsatisfied; (ii) no Pension Plan has an “accumulated

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funding
deficiency” (as defined in Section 412 of the Code), whether or not waived; (iii) neither any
Loan Party nor any ERISA Affiliate has incurred, or reasonably expects to incur, any liability
under Title IV of ERISA with respect to any Pension Plan (other than premiums due and not
delinquent under Section 4007 of ERISA); (iv) neither any Loan Party nor any ERISA Affiliate
has incurred, or reasonably expects to incur, any liability (and no event has occurred which,
with the giving of notice under Section 4219 of ERISA, would reasonably be expected to result
in such liability) under Sections 4201 or 4243 of ERISA with respect to a Multiemployer Plan;
and (v) neither any Loan Party nor any ERISA Affiliate has engaged in a transaction that could
be subject to Sections 4069 or 4212(c) of ERISA, except, with respect to each of the foregoing
clauses of this Section 5.11(b), as could not reasonably be expected, individually or in the
aggregate, to result in, as of the Closing Date, a Closing Date Material Adverse Effect, and
thereafter, a Material Adverse Effect.

          SECTION 5.12. Subsidiaries; Equity Interests. As of the Closing Date, neither
Holdings nor any Loan Party has any Subsidiaries other than those specifically disclosed in
Schedule 5.12, and all of the outstanding Equity Interests in Material Subsidiaries have been
validly issued and, in the case of any such Subsidiaries that are corporations, are fully paid and
nonassessable and all Equity Interests owned by Holdings or a Loan Party are owned free and clear
of all Liens except (i) those created under the Collateral Documents and (ii) any nonconsensual
Lien that is permitted under Section 7.01. As of the Closing Date, Schedule 5.12 (a) sets forth
the name and jurisdiction of each Subsidiary, (b) sets forth the ownership interest of Holdings,
the Borrower and any other Subsidiary in each Subsidiary, including the percentage of such
ownership and (c) identifies each Subsidiary, the Equity Interests of which are required to be
pledged on the Closing Date pursuant to the Collateral and Guarantee Requirement.

          SECTION 5.13. Margin Regulations; Investment Company Act. (a) The Borrower is not
engaged nor will engage, principally or as one of its important activities, in the business of
purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), or
extending credit for the purpose of purchasing or carrying margin stock, and no proceeds of any
Borrowings or drawings under any Letter of Credit will be used for the purpose of purchasing or
carrying margin stock or any other purpose that violates Regulation U.

          (b) None of the Borrower, any Person “controlling” (within the meaning of the Investment
Company Act of 1940) the Borrower, or any Subsidiary is or is required to be registered as an
“investment company” under the Investment Company Act of 1940.

          SECTION 5.14. Disclosure. No report, financial statement, certificate or other
written information furnished by or on behalf of any Loan Party to any Agent or any Lender in
connection with the transactions contemplated hereby and the negotiation of this Agreement or
delivered hereunder or any other Loan Document (as modified or supplemented by other information so
furnished) when taken as a whole contains any material misstatement of fact or omits to state any
material fact necessary to make the statements therein, in the light of the circumstances under
which they were made, not materially misleading; provided that, with respect to projected financial
information and Pro Forma financial information, the Borrower represents only that such information
was prepared in good faith based upon assumptions

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believed by it to be reasonable at the time of
preparation; it being understood that such projections may vary from actual results and that such
variances may be material.

          SECTION 5.15. Intellectual Property; Licenses, Etc. Each of the Loan Parties and
their Subsidiaries own, license or possess the right to use, all of the trademarks, service marks,
trade names, domain names, copyrights, patents, patent rights, licenses, technology, software,
know-how database rights, right of privacy and publicity, and other intellectual property rights
(collectively, “IP Rights”) that are reasonably necessary for the operation of their respective
businesses as currently conducted, and, without conflict with the rights of any Person, except to
the extent such conflicts, either individually or in the aggregate, could not reasonably be
expected to have, as of the Closing Date, a Closing Date Material Adverse Effect, and thereafter, a
Material Adverse Effect. The operation of the respective businesses of any Loan Party or
Subsidiary as currently conducted does not infringe upon misuse, misappropriate or violate any IP
Rights held by any Person except for such infringements, misuses, misappropriations or violations
individually or in the aggregate, which could not reasonably be expected to have, as of the Closing
Date, a Closing Date Material Adverse Effect, and thereafter, a Material Adverse Effect. No claim
or litigation regarding any IP Rights, is pending or, to the knowledge of the Borrower, threatened
against any Loan Party or Subsidiary, which, either individually or in the aggregate, could
reasonably be expected to have, as of the Closing Date, a Closing Date Material Adverse Effect, and
thereafter, a Material Adverse Effect.

          SECTION 5.16. Solvency. On the Closing Date after giving effect to the Transaction,
the Loan Parties, on a consolidated basis, are Solvent.

          SECTION 5.17. Subordination of Junior Financing. The Obligations are “Senior Debt,”
“Senior Indebtedness,” “Guarantor Senior Debt” or “Senior Secured Financing” (or any comparable
term) under, and as defined in, any Junior Financing Documentation.

          SECTION 5.18. Labor Matters. Except as, in the aggregate, could not reasonably be
expected to have, as of the Closing Date, a Closing Date Material Adverse Effect, and thereafter, a
Material Adverse Effect: (a) there are no strikes or other labor disputes against any of Holdings,
the Borrower or its Subsidiaries pending or, to the knowledge of Holdings or the Borrower,
threatened; (b) hours worked by and payment made to employees of each of Holdings, the Borrower or
its Subsidiaries have not been in violation of the Fair Labor Standards Act or any other applicable
Laws dealing with such matters; and (c) all payments due from any of Holdings, the Borrower or its
Subsidiaries on account of employee health and welfare insurance have been paid or accrued as a
liability on the books of the relevant party.

ARTICLE VI

Affirmative Covenants

          So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation
hereunder which is accrued and payable shall remain unpaid or unsatisfied (other than Obligations
under Secured Hedge Agreements, Cash Management Obligations or contingent indemnification
obligations, in any such case, not then due and payable), or any Letter of Credit shall remain
outstanding, each of Holdings and the Borrower shall, and shall (except in the case

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of the
covenants set forth in Sections 6.01, 6.02 and 6.03) cause each Restricted Subsidiary to (or, in
the case of Section 6.05(x) only, each Restricted Subsidiary that is a Material Subsidiary):

          SECTION 6.01. Financial Statements. Deliver to the Administrative Agent for prompt
further distribution to each Lender:

     (a) as soon as available, but in any event within ninety (90) days after the end of
each fiscal year of the Borrower beginning with the 2006 fiscal year, a consolidated balance
sheet of the Borrower and its Subsidiaries as at the end of such fiscal year, and the
related consolidated statements of income or operations, stockholders’ equity and cash flows
for such fiscal year, setting forth in each case in comparative form the figures for the
previous fiscal year, all in reasonable detail and prepared in accordance with GAAP, audited
and accompanied by a report and opinion of Ernst & Young LLP or any other independent
registered public accounting firm of nationally recognized standing, which report and
opinion shall be prepared in accordance with generally accepted auditing standards and shall
not be subject to any “going concern” or like qualification or exception or any
qualification or exception as to the scope of such audit;

     (b) as soon as available, but in any event within forty-five (45) days after the end of
each of the first three (3) fiscal quarters of each fiscal year of the Borrower (or, in the
case of the financial statements for the fiscal quarter ending June 30, 2006, on or before
the date that is sixty (60) days after the end of such fiscal quarter), a consolidated
balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal quarter, and
the related (i) consolidated statements of income or operations for such fiscal quarter and
for
the portion of the fiscal year then ended and (ii) consolidated statements of cash
flows for the portion of the fiscal year then ended, setting forth in each case in
comparative form the figures for the corresponding fiscal quarter of the previous fiscal
year and the corresponding portion of the previous fiscal year, all in reasonable detail and
certified by a Responsible Officer of the Borrower as fairly presenting in all material
respects the financial condition, results of operations, stockholders’ equity and cash flows
of the Borrower and its Subsidiaries in accordance with GAAP, subject only to normal
year-end adjustments, audit adjustments and the absence of footnotes;

     (c) as soon as available, and in any event no later than ninety (90) days after the end
of each fiscal year of the Borrower, a detailed consolidated budget for the following fiscal
year (including a projected consolidated balance sheet of the Borrower and its Subsidiaries
as of the end of the following fiscal year, the related consolidated statements of projected
cash flow and projected income and a summary of the material underlying assumptions
applicable thereto), and, as soon as available, significant revisions, if any, of such
budget and projections with respect to such fiscal year (collectively, the “Projections”),
which Projections shall in each case be accompanied by a certificate of a Responsible
Officer stating that such Projections are based on reasonable estimates, information and
assumptions and that such Responsible Officer has no reason to believe that such Projections
are incorrect or misleading in any material respect; and

     (d) simultaneously with the delivery of each set of consolidated financial statements
referred to in Sections 6.01(a) and 6.01(b) above, the related consolidating

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financial
statements reflecting the adjustments necessary to eliminate the accounts of Unrestricted
Subsidiaries (if any) from such consolidated financial statements.

Notwithstanding the foregoing, the obligations in paragraphs (a) and (b) of this Section 6.01 may
be satisfied with respect to financial information of the Borrower and its Subsidiaries by
furnishing (A) the applicable financial statements of Holdings (or any direct or indirect parent of
Holdings) or (B) the Borrower’s or Holdings’ (or any direct or indirect parent thereof), as
applicable, Form 10-K or 10-Q, as applicable, filed with the SEC; provided that, with respect to
each of clauses (A) and (B), (i) to the extent such information relates to Holdings (or a parent
thereof), such information is accompanied by consolidating information that explains in reasonable
detail the differences between the information relating to Holdings (or such parent), on the one
hand, and the information relating to the Borrower and its Subsidiaries on a standalone basis, on
the other hand and (ii) to the extent such information is in lieu of information required to be
provided under Section 6.01(a), such materials are accompanied by a report and opinion of Ernst &
Young LLP or any other independent registered public accounting firm of nationally recognized
standing, which report and opinion shall be prepared in accordance with generally accepted auditing
standards and shall not be subject to any “going concern” or like qualification or exception or any
qualification or exception as to the scope of such audit.

          SECTION 6.02. Certificates; Other Information. Deliver to the Administrative Agent
for prompt further distribution to each Lender:

     (a) no later than five (5) days after the delivery of the financial statements referred
to in Section 6.01(a), a certificate of its independent registered public accounting firm
certifying such financial statements and stating that in making the examination necessary
therefor no knowledge was obtained of any Event of Default under Section 7.11 or, if any
such Event of Default shall exist, stating the nature and status of such event;

     (b) no later than five (5) days after the delivery of the financial statements referred
to in Section 6.01(a) and (b), a duly completed Compliance Certificate signed by a
Responsible Officer of the Borrower and, if such Compliance Certificate demonstrates an
Event of Default of any covenant under Section 7.11, any of the Equity Investors may
deliver, together with such Compliance Certificate, notice of their intent to cure (a
“Notice of Intent to Cure”) such Event of Default pursuant to Section 8.05; provided that
the delivery of a Notice of Intent to Cure, in and of itself without the corresponding
application of proceeds from a Permitted Equity Issuance pursuant to Section 8.05, shall in
no way affect or alter the occurrence, existence or continuation of any such Event of
Default or the rights, benefits, powers and remedies of the Administrative Agent and the
Lenders under any Loan Document;

     (c) promptly after the same are publicly available, copies of all annual, regular,
periodic and special reports and registration statements which the Borrower files with the
SEC (other than amendments to any registration statement (to the extent such registration
statement, in the form it became effective, is delivered), exhibits to any registration
statement and, if applicable, any registration statement on Form S-8) and in any case not
otherwise required to be delivered to the Administrative Agent pursuant hereto;

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     (d) promptly after the furnishing thereof, copies of any material requests or material
notices received by any Loan Party (other than in the ordinary course of business) or
material statements or material reports furnished to any holder of debt securities of any
Loan Party or of any of its Subsidiaries pursuant to the terms of any Senior Subordinated
Notes Documentation or Junior Financing Documentation in a principal amount greater than the
Threshold Amount and not otherwise required to be furnished to the Lenders pursuant to any
other clause of this Section 6.02;

     (e) together with the delivery of each Compliance Certificate pursuant to Section
6.02(b), (i) a report setting forth the information required by Section 3.03(c) of the
Security Agreement or confirming that there has been no change in such information since the
Closing Date or the date of the last such report), (ii) a description of each event,
condition or circumstance during the last fiscal quarter covered by such Compliance
Certificate requiring a mandatory prepayment under Section 2.05(b) and (iii) a list of each
Subsidiary that identifies each Subsidiary as a Restricted or an Unrestricted Subsidiary as
of the date of delivery of such Compliance Certificate; and

     (f) promptly, such additional information regarding the business, legal, financial or
corporate affairs of any Loan Party or any Subsidiary, or compliance with the terms of the
Loan Documents, as the Administrative Agent or any Lender through the Administrative Agent
may from time to time reasonably request in writing.

          Documents required to be delivered pursuant to Section 6.01(a), (b), (c) or (d) (to the extent
any such documents are included in materials otherwise filed with the SEC) may be delivered
electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which
the Borrower posts such documents, or provides a link thereto on the Borrower’s website on the
Internet at the website address listed on Schedule 10.02; or (ii) on which such documents are
posted on the Borrower’s behalf on IntraLinks/IntraAgency or another relevant website, if any, to
which each Lender and the Administrative Agent have access (whether a commercial, third-party
website or whether sponsored by the Administrative Agent); provided that: (i) upon written request
by the Administrative Agent, the Borrower shall deliver paper copies of such documents to the
Administrative Agent for further distribution to each Lender until a written request to cease
delivering paper copies is given by the Administrative Agent and (ii) the Borrower shall notify
(which may be by facsimile or electronic mail) the Administrative Agent of the posting of any such
documents and provide to the Administrative Agent by electronic mail electronic versions (i.e.,
soft copies) of such documents. Notwithstanding anything contained herein, in every instance the
Borrower shall be required to provide paper copies of the Compliance Certificates required by
Section 6.02(b) to the Administrative Agent. Each Lender shall be solely responsible for timely
accessing posted documents or requesting delivery of paper copies of such documents from the
Administrative Agent and maintaining its copies of such documents.

          SECTION 6.03. Notices. Promptly after obtaining knowledge thereof, notify the
Administrative Agent:

     (a) of the occurrence of any Default; and

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     (b) of any matter that has resulted or could reasonably be expected to result in a
Material Adverse Effect, including arising out of or resulting from (i) breach or
non-performance of, or any default or event of default under, a Contractual Obligation of
any Loan Party or any Subsidiary, (ii) any dispute, litigation, investigation, proceeding or
suspension between any Loan Party or any Subsidiary and any Governmental Authority, (iii)
the commencement of, or any material development in, any litigation or proceeding affecting
any Loan Party or any Subsidiary, including pursuant to any applicable Environmental Laws or
in respect of IP Rights or the assertion or occurrence of any noncompliance by any Loan
Party or as any of its Subsidiaries with, or liability under, any Environmental Law or
Environmental Permit, or (iv) the occurrence of any ERISA Event.

          Each notice pursuant to this Section shall be accompanied by a written statement of a
Responsible Officer of the Borrower (x) that such notice is being delivered pursuant to Section
6.03(a) or (b) (as applicable) and (y) setting forth details of the occurrence referred to therein
and stating what action the Borrower has taken and proposes to take with respect thereto.

          SECTION 6.04. Payment of Obligations. Pay, discharge or otherwise satisfy as the same
shall become due and payable, all its material obligations and liabilities in respect of material
taxes, assessments and
governmental charges or levies imposed upon it or upon its income or profits or in respect of
its property; provided that neither Holdings, the Borrower nor any of the Restricted Subsidiaries
shall be required to pay any such taxes, assessments, governmental charges or levies that are being
contested in good faith and by proper proceedings if it has maintained adequate reserves with
respect thereto in accordance with GAAP.

          SECTION 6.05. Preservation of Existence, Etc.

          (x) Preserve, renew and maintain in full force and effect its legal existence under the Laws
of the jurisdiction of its organization except in a transaction permitted by Section 7.04 or 7.05
and (y) take all reasonable action to maintain all rights, privileges (including its good
standing), permits, licenses and franchises necessary or desirable in the normal conduct of its
business, except (i) to the extent that failure to do so could not reasonably be expected to have a
Material Adverse Effect or (ii) pursuant to a transaction permitted by Section 7.04 or 7.05.

          SECTION 6.06. Maintenance of Properties. Except if the failure to do so could not
reasonably be expected to have a Material Adverse Effect, (a) maintain, preserve and protect all of
its material properties and equipment necessary in the operation of its business in good working
order, repair and condition, ordinary wear and tear excepted and casualty or condemnation excepted,
and (b) make all necessary renewals, replacements, modifications, improvements, upgrades,
extensions and additions thereof or thereto in accordance with prudent industry practice.

          SECTION 6.07. Maintenance of Insurance. Maintain with financially sound and reputable
insurance companies, insurance with respect to its properties and business against loss or damage
of the kinds customarily insured against by Persons engaged in the same or similar business, of
such types and in such amounts (after giving effect to any self-insurance reasonable and customary
for similarly situated Persons engaged in the same or similar businesses as the

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Borrower and the
Restricted Subsidiaries) as are customarily carried under similar circumstances by such other
Persons.

          SECTION 6.08. Compliance with Laws. Comply in all material respects with the
requirements of all Laws and all orders, writs, injunctions and decrees applicable to it or to its
business or property, except if the failure to comply therewith could not reasonably be expected to
have a Material Adverse Effect.

          SECTION 6.09. Books and Records. Maintain proper books of record and account, in
which entries that are full, true and correct in all material respects and are in conformity with
GAAP consistently applied shall be made of all material financial transactions and matters
involving the assets and business of Holdings, the Borrower or such Subsidiary, as the case may be.

          SECTION 6.10. Inspection Rights. Permit representatives and independent contractors
of the Administrative Agent and each Lender to visit and inspect any of its properties, to examine
its corporate, financial and operating records, and make copies thereof or abstracts therefrom, and
to discuss its affairs, finances and accounts with its directors, officers, and independent public
accountants, all at the reasonable expense of the Borrower and at such reasonable times during
normal business hours and as often as may be reasonably desired, upon reasonable advance notice to
the Borrower; provided that, excluding any such visits and inspections during the continuation of
an Event of Default, only the Administrative Agent on behalf of the Lenders may exercise rights of
the Administrative Agent and the Lenders under this Section 6.10 and the Administrative Agent shall
not exercise such rights more often than two (2) times during any calendar year absent the
existence of an Event of Default and only one (1) such time shall be at the Borrower’s expense;
provided further that when an Event of Default exists, the Administrative Agent or any Lender (or
any of their respective representatives or independent contractors) may do any of the foregoing at
the expense of the Borrower at any time during normal business hours and upon reasonable advance
notice. The Administrative Agent and the Lenders shall give the Borrower the opportunity to
participate in any discussions with the Borrower’s independent public accountants.

          SECTION 6.11. Covenant to Guarantee Obligations and Give Security. At the Borrower’s
expense, take all action necessary or reasonably requested by the Administrative Agent to ensure
that the Collateral and Guarantee Requirement continues to be satisfied, including:

     (a) upon the formation or acquisition of any new direct or indirect wholly owned
Domestic Subsidiary (in each case, other than an Unrestricted Subsidiary or an Excluded
Subsidiary) by any Loan Party or the designation in accordance with Section 6.15 of any
existing direct or indirect wholly owned Domestic Subsidiary as a Restricted Subsidiary
(other than an Excluded Subsidiary):

     (i) within thirty (30) days after such formation, acquisition or designation or
such longer period as the Administrative Agent may agree in its discretion:

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     (A) cause each such Restricted Subsidiary that is required to become a
Guarantor under the Collateral and Guarantee Requirement to furnish to the
Administrative Agent a description of the real properties owned by such
Restricted Subsidiary that have a Fair Market Value in excess of $2,500,000
in detail reasonably satisfactory to the Administrative Agent;

     (B) cause (x) each such Restricted Subsidiary that is required to
become a Guarantor pursuant to the Collateral and Guarantee Requirement to
duly execute and deliver to the Administrative Agent or the Collateral Agent
(as appropriate) Guarantee Supplements, Mortgages, Security Agreement
Supplements, Intellectual Property Security Agreements and
other security agreements and documents (including, with respect to
Mortgages, the documents listed in Section 6.13(b)), as reasonably requested
by and in form and substance reasonably satisfactory to the Administrative
Agent (consistent with the Mortgages, Security Agreement, Intellectual
Property Security Agreements and other security agreements in effect on the
Closing Date), in each case granting Liens required by the Collateral and
Guarantee Requirement and (y) each direct or indirect parent of each such
Restricted Subsidiary that is required to be a Guarantor pursuant to the
Collateral and Guarantee Requirement to duly execute and deliver to the
Administrative Agent such Security Agreement Supplements and other security
agreements as reasonably requested by and in form and substance reasonably
satisfactory to the Administrative Agent (consistent with the Collateral
Documents in effect on the Closing Date), in each case granting Liens
required by the Collateral and Guarantee Requirement;

     (C) (x) cause each such Restricted Subsidiary that is required to
become a Guarantor pursuant to the Collateral and Guarantee Requirement to
deliver any and all certificates representing Equity Interests (to the
extent certificated) that are required to be pledged pursuant to the
Collateral and Guarantee Requirement, accompanied by undated stock powers or
other appropriate instruments of transfer executed in blank and instruments
evidencing the intercompany Indebtedness held by such Restricted Subsidiary
and required to be pledged pursuant to the Collateral Documents, indorsed in
blank to the Collateral Agent and (y) cause each direct or indirect parent
of such Restricted Subsidiary that is required to be a Guarantor pursuant to
the Collateral and Guarantee Requirement to deliver any and all certificates
representing the outstanding Equity Interests (to the extent certificated)
of such Restricted Subsidiary that are required to be pledged pursuant to
the Collateral and Guarantee Requirement, accompanied by undated stock
powers or other appropriate instruments of transfer executed in blank and
instruments evidencing the intercompany Indebtedness issued by such
Restricted Subsidiary and required to be pledged in accordance with the
Collateral Documents, indorsed in blank to the Collateral Agent;

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     (D) take and cause such Restricted Subsidiary and each direct or
indirect parent of such Restricted Subsidiary to take whatever action
(including the recording of Mortgages, the filing of Uniform Commercial Code
financing statements and delivery of stock and membership interest
certificates) may be necessary to vest in the Collateral Agent (or in any
representative of the Collateral Agent designated by it) valid Liens
required by the Collateral and Guarantee Requirement, enforceable against
all third parties in accordance with their terms, subject to the effects of
Debtor Relief Laws and by general principles of equity (whether considered
in a proceeding in equity or law),

     (ii) in the case of any such wholly owned Domestic Subsidiary having assets
with a Fair Market Value in excess of $15,000,000 (determined at the time of such
formation, acquisition or designation and after giving effect to any transfers and
Investments to be made in such Subsidiary thereafter as contemplated by any
transaction relating to such formation, acquisition or designation), within thirty
(30) days after the request therefor by the Administrative Agent, deliver to the
Administrative Agent a signed copy of an opinion, addressed to the Administrative
Agent and the other Secured Parties, of counsel for the Loan Parties reasonably
acceptable to the Administrative Agent as to such matters set forth in this Section
6.11(a) as the Administrative Agent may reasonably request, and

     (iii) as promptly as practicable after the request therefor by the
Administrative Agent, deliver to the Administrative Agent with respect to each
parcel of real property that is owned by such Restricted Subsidiary and has a Fair
Market Value in excess of $2,500,000, any existing title reports, surveys or
environmental assessment reports.

     (b) (i) the Borrower shall obtain the security interests and Guarantees set forth on
Schedule 1.01B on or prior to the dates corresponding to such security interests and
Guarantees set forth on Schedule 1.01B; and

     (ii) after the Closing Date, concurrently with (x) the acquisition of any material
personal property by any Loan Party, or (y) the acquisition of any owned real property by
any Loan Party with a Fair Market Value in excess of $2,500,000, and such personal property
or owned real property shall not already be subject to a perfected Lien pursuant to the
Collateral and Guarantee Requirement, the Borrower shall give notice thereof to the
Administrative Agent and promptly thereafter shall cause such assets to be subjected to a
Lien to the extent required by the Collateral and Guarantee Requirement and will take, or
cause the relevant Loan Party to take, such actions as shall be necessary or reasonably
requested by the Administrative Agent to grant and perfect or record such Lien, including,
as applicable, the actions referred to in Section 6.13(b) with respect to real property.

          SECTION 6.12. Compliance with Environmental Laws. Except, in each case, to the extent
that the failure to do so could not reasonably be expected to have, individually or in

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the
aggregate, a Material Adverse Effect, comply, and take all commercially reasonable actions to cause
all lessees and other Persons operating or occupying its properties to comply with all applicable
Environmental Laws and Environmental Permits; obtain and renew all Environmental Permits necessary
for its operations and properties; and, in each case to the extent required by Environmental Laws,
conduct any investigation, study, sampling and testing, and undertake any cleanup, removal,
remedial or other action necessary to remove and clean up all Hazardous Materials from any of its
properties, in accordance with the requirements of all Environmental Laws.

          SECTION 6.13. Further Assurances and Post-Closing Conditions. (a) Promptly upon reasonable request by the Administrative Agent (i) correct any material
defect or error that may be discovered in the execution, acknowledgment, filing or recordation of
any Collateral Document or other document or instrument relating to any Collateral, and (ii) do,
execute, acknowledge, deliver, record, re-record, file, re-file, register and re-register any and
all such further acts, deeds, certificates, assurances and other instruments as the Administrative
Agent may reasonably request from time to time in order to carry out more effectively the purposes
of the Collateral Documents.

          (b) In the case of any real property referred to in Section 6.11, provide the
Administrative Agent with Mortgages with respect to such owned real property within thirty
(30) days of the acquisition of such real property, in each case together with:

     (i) evidence that counterparts of the Mortgages have been duly executed, acknowledged
and delivered and are in form suitable for filing or recording in all filing or recording
offices that the Administrative Agent may deem reasonably necessary or desirable in order to
create a valid and subsisting perfected Lien on the property and/or rights described therein
in favor of the Administrative Agent or the Collateral Agent (as appropriate) for the
benefit of the Secured Parties and that all filing and recording taxes and fees have been
paid or otherwise provided for in a manner reasonably satisfactory to the Administrative
Agent;

     (ii) fully paid American Land Title Association Lender’s Extended Coverage title
insurance policies or the equivalent or other form available in each applicable jurisdiction
(the “Mortgage Policies”) in form and substance, with endorsements and in amount, reasonably
acceptable to the Administrative Agent (not to exceed the value of the real properties
covered thereby), issued, coinsured and reinsured by title insurers reasonably acceptable to
the Administrative Agent, insuring the Mortgages to be valid subsisting Liens on the
property described therein, free and clear of all defects and encumbrances, subject to Liens
permitted by Section 7.01 and providing for such other affirmative insurance (including
endorsements for future advances under the Loan Documents) and such coinsurance and direct
access reinsurance as the Administrative Agent may reasonably request;

     (iii) opinions of local counsel for the Loan Parties in states in which the real
properties are located, with respect to the enforceability and perfection of the Mortgages
and any related fixture filings in form and substance reasonably satisfactory to the
Administrative Agent;

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     (iv) flood certificates covering each Mortgaged Property in form and substance
acceptable to the Collateral Agent, certified to the Collateral Agent in its capacity as
such and certifying whether or not each such Mortgaged Property is located in a flood hazard
zone by reference to the applicable FEMA map; and

     (v) such other evidence that all other actions that the Administrative Agent may
reasonably deem necessary or desirable in order to create valid and subsisting Liens on the
property described in the Mortgages has been taken.

          SECTION 6.14. Designation of Subsidiaries. The board of directors of Holdings may at
any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or any Unrestricted
Subsidiary as a Restricted Subsidiary; provided that (i) immediately before and after such
designation, no Default shall have occurred and be continuing, (ii) immediately after giving effect
to such designation, the Borrower and the Restricted Subsidiaries
shall be in compliance, on a Pro Forma Basis, with the covenants set forth in Section 7.11 (and, as a condition precedent to the
effectiveness of any such designation, the Borrower shall deliver to the Administrative Agent a
certificate setting forth in reasonable detail the calculations demonstrating such compliance),
(iii) the Borrower may not be designated as an Unrestricted Subsidiary, (iv) no Subsidiary may be
designated as an Unrestricted Subsidiary if it is a “Restricted Subsidiary” for the purpose of the
Senior Subordinated Notes or any Junior Financing, as applicable, (v) no Restricted Subsidiary may
be designated as an Unrestricted Subsidiary if it was previously designated an Unrestricted
Subsidiary and (vi) the Investment resulting from the designation of such Subsidiary as an
Unrestricted Subsidiary as described in the immediately succeeding sentence is permitted by Section
7.02. The designation of any Subsidiary as an Unrestricted Subsidiary shall constitute an
Investment by the Borrower therein at the date of designation in an amount equal to the Fair Market
Value of the net assets of the respective Subsidiary at the time such Subsidiary is designated an
Unrestricted Subsidiary of the Borrower’s. The designation of any Unrestricted Subsidiary as a
Restricted Subsidiary shall constitute the incurrence at the time of designation of any
Indebtedness or Liens of such Subsidiary existing at such time.

          SECTION 6.15. Corporate Separateness. (a) Satisfy, and cause each of its Subsidiaries
and Unrestricted Subsidiaries to satisfy, customary corporate and other formalities, including, as
applicable, the holding of regular board of directors’ and shareholders’ meetings or action by
directors or shareholders without a meeting and the maintenance of corporate offices and records.

          (b) Ensure that neither it nor any of its Subsidiaries shall take any action, or conduct its
affairs in a manner, which is likely to result in the corporate or other similar existence of it or
such Subsidiary being ignored, or in the assets and liabilities of it or any of its Subsidiaries
being substantively consolidated with those of any other such Person or any Unrestricted Subsidiary
in a bankruptcy, reorganization or other insolvency proceeding

          SECTION 6.16. Additional Requirements Upon Consummation of the Merger and the Secondary
Merger. Promptly following the consummation of (i) the Merger, but in any event on the date of
the initial Credit Extension, Target, as the surviving corporation of the Merger, shall execute and
deliver an Acknowledgment and Assumption Agreement in the form of Exhibit K-1, (ii) the Secondary
Merger but in any event on the date of the initial Credit

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Extension, Opco, as the surviving
corporation of the Secondary Merger, shall execute and deliver an Acknowledgment and Assumption
Agreement in the form of Exhibit K-2 and new Notes in replacement of any Notes delivered by Merger
Sub under this Agreement. After giving effect to (i) the Merger, Target shall succeed to all
rights and obligations of Merger Sub as were existing immediately
prior to the Merger (including, without limitation, all obligations under this Agreement and
the other Loan Documents to which Merger Sub is a party) and (ii) the Secondary Merger, Opco shall
succeed to all rights and obligations of the Target as were existing immediately prior to the
Secondary Merger (including, without limitation, all obligations under this Agreement and the other
Loan Documents to which Target is a party by operation of the Merger and its respective
Acknowledgment and Assumption Agreement). Simultaneously with the consummation of the Merger, all
Equity Interests of Target, as the surviving corporation of the Merger, shall be pledged pursuant
to the Security Agreement, and all stock certificates evidencing such shares of capital stock of
Target after giving effect to the Merger shall be delivered to the Collateral Agent.
Simultaneously with the consummation of the Secondary Merger, all Equity Interests of Opco, as the
surviving corporation of the Secondary Merger, shall be pledged pursuant to the Security Agreement,
and all stock certificates evidencing such shares of capital stock of Opco after giving effect to
the Secondary Merger shall be delivered to the Collateral Agent.

          SECTION 6.17. Post-Closing Refinancing. On the Redemption Date, the
Borrower shall (x) redeem all of the then outstanding Existing Floating Notes and (y) pay all
accrued and unpaid interest thereon and accrued and unpaid liquidated damages owing pursuant to the
registration rights agreements relating to the Existing Floating Notes, in each case pursuant to,
and in accordance with the terms of, the Existing Floating Notes Indenture and such registration
rights agreements (collectively, the “Existing Floating Notes Redemption”).

ARTICLE VII

Negative Covenants

          So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation
hereunder which is accrued and payable shall remain unpaid or unsatisfied (other than Obligations
under Secured Hedge Agreements, Cash Management Obligations or contingent indemnification
obligations, in any such case, not then due and payable), or any Letter of Credit shall remain
outstanding, Holdings and the Borrower shall not, nor shall they permit any of their Restricted
Subsidiaries to, directly or indirectly:

          SECTION 7.01. Liens. Create, incur, assume or suffer to exist any Lien upon any of
its property, assets or revenues, whether now owned or hereafter acquired, other than the
following:

     (a) Liens pursuant to any Loan Document;

     (b) Liens existing on the date hereof and listed on Schedule 7.01(b);

     (c) Liens for taxes, assessments or governmental charges which are not overdue for a
period of more than thirty (30) days or which are being contested in good faith and

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by
appropriate proceedings diligently conducted, if adequate reserves with respect thereto are
maintained on the books of the applicable Person in accordance with GAAP;

     (d) statutory Liens of landlords, carriers, warehousemen, mechanics, materialmen,
repairmen, construction contractors or other like Liens arising in the ordinary course of
business which secure amounts not overdue for a period of more than thirty (30) days or if
more than thirty (30) days overdue, are unfiled and no other action has been taken to
enforce such Lien or which are being contested in good faith and by appropriate proceedings
diligently conducted, if adequate reserves with respect thereto are maintained on the books
of the applicable Person in accordance with GAAP;

     (e) (i) pledges or deposits in the ordinary course of business in connection with
workers’ compensation, unemployment insurance and other social security or similar
legislation and (ii) pledges and deposits in the ordinary course of business securing
liability for premiums, reimbursement or indemnification obligations of (including
obligations in respect of letters of credit or bank guarantees for the benefit of) insurance
carriers providing property, casualty or liability insurance to Holdings, the Borrower or
any Restricted Subsidiary;

     (f) deposits to secure the performance of bids, trade contracts, governmental contracts
and leases (other than indebtedness for borrowed money), statutory obligations, surety,
stay, customs and appeal bonds, performance bonds and other obligations of a like nature
(including those to secure health, safety and environmental obligations) or deposits for
contested taxes or import duties, in each case incurred in the ordinary course of business;

     (g) easements, exceptions or irregularities in title, rights-of-way, restrictions
(including zoning restrictions), encroachments, protrusions and other similar charges or
encumbrances and minor title defects affecting real property which, in the aggregate, do not
in any case materially interfere with the ordinary conduct of the business of the Borrower
or any Subsidiary;

     (h) Liens securing judgments for the payment of money not constituting an Event of
Default under Section 8.01(h);

     (i) Liens securing Indebtedness permitted under Section 7.03(e); provided that (i) such
Liens attach concurrently with or within two hundred and seventy (270) days after the
acquisition, repair, replacement, construction or improvement (as applicable) of the
property subject to such Liens, (ii) such Liens do not at any time encumber any property
(except for accessions to such property) other than the property financed by such
Indebtedness and the proceeds and the products thereof and (iii) with respect to Capitalized
Leases, such Liens do not at any time extend to or cover any assets (except for accessions
to such assets) other than the assets subject to such Capitalized Leases; provided that
individual financings of equipment provided by one lender may be cross collateralized to
other financings of equipment provided by such lender;

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     (j) leases, licenses, subleases or sublicenses granted to others in the ordinary course
of business which do not (i) interfere in any material respect with the business of the
Borrower or any Material Subsidiary or (ii) secure any Indebtedness;

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

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

     (m) Liens (i) on cash advances in favor of the seller of any property to be acquired in
an Investment permitted pursuant to Sections 7.02(g), (i) and (n) to be applied against the
purchase price for such Investment, and (ii) consisting of an agreement to Dispose of any
property in a Disposition permitted under Section 7.05, in each case, solely to the extent
such Investment or Disposition, as the case may be, would have been permitted on the date of
the creation of such Lien;

     (n) Liens on property of any Foreign Subsidiary securing Indebtedness of the applicable
Foreign Subsidiary permitted pursuant to Section 7.03(t);

     (o) Liens in favor of the Borrower or a Restricted Subsidiary securing Indebtedness
permitted under Section 7.03(d); provided that any such Lien is subordinated to the same
extent as any related Indebtedness is required to be subordinated pursuant to Section
7.03(d);

     (p) Liens existing on property at the time of its acquisition or existing on the
property of any Person at the time such Person becomes a Restricted Subsidiary (other than
by designation as a Restricted Subsidiary pursuant to Section 6.15), in each case after the
date hereof (other than Liens on the Equity Interests of any Person that becomes a
Restricted Subsidiary); provided that (i) such Lien was not created in contemplation of such
acquisition or such Person becoming a Restricted Subsidiary, (ii) such Lien does not extend
to or cover any other assets or property (other than the proceeds or products thereof and
other than after-acquired property subjected to a Lien securing Indebtedness and other
obligations incurred prior to such time and which Indebtedness and other obligations are
permitted hereunder that require, pursuant to their terms at such time, a pledge of
after-acquired property, it being understood that such requirement shall not be permitted to
apply to any property to which such requirement would not have applied but for such
acquisition), and (iii) the Indebtedness secured thereby is permitted under Section 7.03(e),
(h), or (k);

     (q) any interest or title of a lessor, sublessor, licensor or sublessor under leases
entered into by the Borrower or any of the Restricted Subsidiaries in the ordinary course of
business;

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     (r) Liens arising out of conditional sale, title retention, consignment or similar
arrangements for sale of goods entered into by the Borrower or any of the Restricted
Subsidiaries in the ordinary course of business permitted by this Agreement;

     (s) Liens deemed to exist in connection with Investments in repurchase agreements under
Section 7.02; provided that such Liens do not extend to any assets other than those that are
the subject of such repurchase agreement and the products or proceeds thereof;

     (t) [reserved];

     (u) Liens that are contractual rights of set-off (i) relating to the establishment of
depository relations with banks not given in connection with the issuance of Indebtedness,
(ii) relating to pooled deposit, automatic clearinghouse accounts or sweep accounts of
Holdings, the Borrower or any Restricted Subsidiary to permit satisfaction of overdraft or
similar obligations incurred in the ordinary course of business of Holdings, the Borrower
and the Restricted Subsidiaries or (iii) relating to purchase orders and other agreements
entered into with customers of Holdings, the Borrower or any Restricted Subsidiary in the
ordinary course of business;

     (v) Liens solely on any cash earnest money deposits made by Holdings, the Borrower or
any of the Restricted Subsidiaries in connection with any letter of intent or purchase
agreement permitted hereunder;

     (w) [reserved];

     (x) ground leases or subleases, licenses or sublicenses in respect of real property on
which facilities owned or leased by the Borrower or any of its Subsidiaries are located;

     (y) any modifications, replacements, renewals or extensions of any Lien permitted by
clauses (a), (b), (i), (n), (o), and (p); provided that (i) the Lien does not extend to any
additional property other than (A) after-acquired property that is affixed or incorporated
into the property covered by such Lien or financed by Indebtedness permitted under Section
7.03, and (B) proceeds and products thereof, and (ii) the renewal, extension or refinancing
of the obligations secured or benefited by such Liens is permitted by Section 7.03; and

     (z) other Liens securing Indebtedness outstanding or other obligations in an aggregate
amount not to exceed $10,000,000 at any time outstanding, provided that, at any time after
delivery of the most recent Compliance Certificate pursuant to Section 6.02(b) demonstrating
a Total Leverage Ratio of 3.50:1.00 or less as of the last day of the Test Period to which
such Compliance Certificate relates, $15,000,000 at any time outstanding.

     Notwithstanding the foregoing, no Liens on any IP Collateral shall be permitted at any
time, other than pursuant to Section 7.01(a), (b), (c), (h), (j), (m), (n), (o), (p), (q),
(r), (u)(iii), (y) or (z).

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          SECTION 7.02. Investments. Make or hold any Investments, except:

     (a) Investments by the Borrower or a Restricted Subsidiary in assets that were Cash
Equivalents when such Investment was made;

     (b) loans or advances to officers, directors and employees of Holdings, the Borrower
and the Restricted Subsidiaries (i) for reasonable and customary business-related travel,
entertainment, relocation and analogous ordinary business purposes, and (ii) in connection
with such Person’s purchase of Equity Interests of Holdings (or any direct or indirect
parent thereof) (provided that the amount of such loans and advances shall be contributed to
the Borrower in cash as common equity) and for other purposes not described in the foregoing
clause (i), in an aggregate principal amount outstanding not to exceed $5,000,000;

     (c) Investments (i) by Holdings, the Borrower or any Restricted Subsidiary in any Loan
Party (excluding Holdings and any new Restricted Subsidiary which becomes a Loan Party),
(ii) by any Restricted Subsidiary that is not a Loan Party in any other such Restricted
Subsidiary that is also not a Loan Party and (iii) by the Borrower or any Subsidiary
Guarantor in any Restricted Subsidiary that is not a Loan Party; provided that the aggregate
amount of such Investments in Restricted Subsidiaries that are not Loan Parties shall not
exceed an amount equal to the sum of (x) $10,000,000 and (y) the Available Amount at such
time;

     (d) Investments consisting of extensions of credit in the nature of accounts receivable
or notes receivable arising from the grant of trade credit in the ordinary course of
business, and Investments received in satisfaction or partial satisfaction thereof from
financially troubled account debtors and other credits to suppliers in the ordinary course
of business;

     (e) Investments consisting of Liens, Indebtedness, fundamental changes, Dispositions
and Restricted Payments permitted under Sections 7.01, 7.03, 7.04, 7.05 and 7.06,
respectively;

     (f) Investments (i) existing or contemplated on the date hereof and set forth on
Schedule 7.02(f) and any modification, replacement, renewal, reinvestment or extension
thereof and (ii) existing on the date hereof by the Borrower or any Restricted Subsidiary in
the Borrower or any other Restricted Subsidiary and any modification, renewal or extension
thereof; provided that (x) the amount of the original Investment is not increased except by
the terms of such Investment or as otherwise permitted by this Section 7.02 and (y) any
Investment in the form of Indebtedness of any Loan Party owed to any Restricted Subsidiary
that is not a Loan Party shall be on terms no less favorable to the Lenders than the
subordination terms set forth in the Intercompany Subordination Agreement;

     (g) Investments in Swap Contracts permitted under Section 7.03;

     (h) promissory notes and other noncash consideration received in connection with
Dispositions permitted by Section 7.05;

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     (i) the purchase or other acquisition of property and assets or businesses of any
Person or of assets constituting a business unit, a line of business or division of such
Person, or Equity Interests in a Person that, upon the consummation thereof, will be a
Subsidiary of the Borrower (including as a result of a merger or consolidation); provided
that, with respect to each purchase or other acquisition made pursuant to this Section
7.02(i) (each, a “Permitted Acquisition”):

     (A) subject to clause (B) below, substantially all property, assets and
businesses acquired in such purchase or other acquisition shall constitute
Collateral and each applicable Loan Party and any such newly created or acquired
Subsidiary (and, to the extent required under the Collateral and Guarantee
Requirement, the Subsidiaries of such created or acquired Subsidiary) shall be a
Guarantor and shall have complied with the requirements of Section 6.11, within the
times specified therein;

     (B) the aggregate amount of consideration paid in respect of acquisitions of
Persons that do not become Loan Parties, shall not exceed an amount equal to the sum
of (x) $50,000,000 and (y) the Available Amount at such time;

     (C) after giving effect to such purchase or acquisition, the Borrower and its
Restricted Subsidiaries shall be in compliance with Section 7.07;

     (D)
(1) immediately before and immediately after giving Pro Forma Effect to
any such purchase or other acquisition, no Default shall have occurred and be
continuing and (2) immediately after giving effect to such purchase or other
acquisition, the Borrower and the Restricted Subsidiaries shall be in Pro Forma
Compliance with all of the covenants set forth in Section 7.11, such compliance to
be determined on the basis of the financial information most recently delivered to
the Administrative Agent and the Lenders pursuant to Section 6.01(a) or (b) as
though such purchase or other acquisition had been consummated as of the first day
of the fiscal period covered thereby and evidenced by a certificate from the Chief
Financial Officer of the Borrower demonstrating such compliance calculation in
reasonable detail;

     (E) the Borrower shall have delivered to the Administrative Agent, on behalf of
the Lenders, no later than five (5) Business Days after the date on which any such
purchase or other acquisition is consummated, a certificate of a Responsible
Officer, in form and substance reasonably satisfactory to the Administrative Agent,
certifying that all of the requirements set forth in this clause (i) have been
satisfied or will be satisfied on or prior to the consummation of such purchase or
other acquisition; and

     (F) the sum of (x) aggregate unused portion of the Revolving Credit Commitments
at such time (after giving effect to the consummation of the respective Permitted
Acquisition and any financing thereof) and (y) the aggregate amount of cash and Cash
Equivalents included in the consolidated balance sheet of the Borrower and its
Restricted Subsidiaries as of such date that, in each case,

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are free and clear of all Liens (other than nonconsensual Liens permitted by
Section 7.01 and Liens permitted by Sections 7.01(a) and 7.01(s) and clauses (i) and
(ii) of Section 7.01(u)), shall equal or exceed $5,000,000;

     (j) the Transaction;

     (k) Investments in the ordinary course of business consisting of Article 3 endorsements
for collection or deposit and Article 4 customary trade arrangements with customers
consistent with past practices;

     (l) Investments (including debt obligations and Equity Interests) received in
connection with the bankruptcy or reorganization of suppliers and customers or in settlement
of delinquent obligations of, or other disputes with, customers and suppliers arising in the
ordinary course of business or upon the foreclosure with respect to any secured Investment
or other transfer of title with respect to any secured Investment;

     (m) loans and advances to Holdings (or any direct or indirect parent thereof) in lieu
of, and not in excess of the amount of (after giving effect to any other loans, advances or
Restricted Payments in respect thereof), Restricted Payments to the extent permitted to be
made to Holdings (or such parent) in accordance with Sections 7.06(h), (i) or (j);

     (n) so long as immediately after giving effect to any such Investment, no Default has
occurred and is continuing and the Borrower and the Restricted Subsidiaries will be in Pro
Forma Compliance with the covenants set forth in Section 7.11, other Investments by the
Borrower and its Restricted Subsidiaries that do not exceed, in the aggregate, an amount
equal to the sum of (x) $15,000,000 and (y) the Available Amount at such time;

     (o) advances of payroll payments to employees in the ordinary course of business;

     (p) Investments to the extent that payment for such Investments is made solely with
capital stock of Holdings (or the Borrower after a Qualifying IPO of the Borrower);

     (q) Investments of a Restricted Subsidiary acquired after the Closing Date or of a
corporation merged into the Borrower or merged or consolidated with a Restricted Subsidiary
in accordance with Section 7.04 after the Closing Date, to the extent that such Investments
were not made in contemplation of or in connection with such acquisition, merger or
consolidation and were in existence on the date of such acquisition, merger or
consolidation;

     (r) [reserved]; and

     (s) Guarantees by Holdings, the Borrower or any Restricted Subsidiary of leases (other
than Capitalized Leases) or of other obligations that do not constitute Indebtedness, in
each case entered into in the ordinary course of business;

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provided that no Investment in an Unrestricted Subsidiary that would otherwise be permitted under
this Section 7.02 shall be permitted hereunder, to the extent that any portion of such Investment
is used to make any prepayments, redemptions, purchases, defeasances and other payments in respect
of Junior Financings.

          SECTION 7.03. Indebtedness. Create, incur, assume or suffer to exist any
Indebtedness, except:

     (a) Indebtedness of Holdings, the Borrower and any of its Subsidiaries under the Loan
Documents;

     (b) (i) Indebtedness outstanding on the date hereof and listed on Schedule 7.03(b) and
any Permitted Refinancing thereof and (ii) intercompany Indebtedness outstanding on the date
hereof;

     (c) Guarantees by Holdings, the Borrower, the Restricted Subsidiaries in respect of
Indebtedness of the Borrower or any Restricted Subsidiary otherwise permitted hereunder;
provided that (A) no Guarantee by any Restricted Subsidiary of any Senior Subordinated Note
or Junior Financing shall be permitted unless such Restricted Subsidiary shall have also
provided a Guarantee of the Obligations substantially on the terms set forth in the
Subsidiary Guaranty and (B) if the Indebtedness being Guaranteed is subordinated to the
Obligations, such Guarantee shall be subordinated to the Guarantee of the Obligations on
terms at least as favorable to the Lenders as those contained in the subordination of such
Indebtedness;

     (d) to the extent permitted by Section 7.02, Indebtedness of the Borrower or any
Restricted Subsidiary owing to Holdings, the Borrower or any other Restricted Subsidiary;
provided that, all such Indebtedness of any Loan Party owed to any Person that is not a Loan
Party shall be subject to the subordination terms set forth in the Intercompany
Subordination Agreement;

     (e) (i) Attributable Indebtedness and other Indebtedness (including Capitalized Leases)
of the Borrower and its Restricted Subsidiaries financing the acquisition, construction,
repair, replacement or improvement of fixed or capital assets, other than software; provided
that such Indebtedness is incurred concurrently with or within two hundred and seventy (270)
days after the applicable acquisition, construction, repair, replacement or improvement,
(ii) Attributable Indebtedness of the Borrower and its Restricted Subsidiaries arising out
of sale-leaseback transactions permitted by Section 7.05(f) and (iii) any Permitted
Refinancing of any Indebtedness set forth in the immediately preceding clauses (i) and (ii);

     (f) Indebtedness in respect of Swap Contracts designed to hedge against interest
rates, foreign exchange rates or commodity pricing risks incurred in the ordinary course of
business and not for speculative purposes;

     (g) [reserved];

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     (h) (i) Indebtedness of Holdings, the Borrower and the Restricted Subsidiaries (A)
assumed in connection with any Permitted Acquisition; provided that (x) such Indebtedness is
not incurred in contemplation of such Permitted Acquisition and (y) the aggregate principal
amount of all Indebtedness assumed in reliance on this sub-clause (A) (excluding for
purposes of the basket calculation in this clause (y), however, any such Indebtedness that
satisfies the requirements of clauses (I), (II) and (III) below) does not exceed $7,500,000
at any time outstanding, or (B) incurred to finance a Permitted Acquisition and (ii) any
Permitted Refinancing of the Indebtedness referred to in sub-clauses (A) and (B) above;
provided, in each case, that such Indebtedness and all Indebtedness resulting from any
Permitted Refinancing thereof (other than assumed Indebtedness described in preceding
sub-clause (A) and all Indebtedness resulting from any Permitted Refinancing thereof), (I)
is unsecured or is subordinated to the Obligations on terms no less favorable to the Lenders
than the subordination terms set forth in the Senior Subordinated Notes Indenture as of the
Closing Date, (II) both immediately prior and after giving effect thereto, (1) no Default
shall exist or result therefrom and (2) the Borrower and the Restricted Subsidiaries will be
in Pro Forma Compliance with the covenants set forth in Section 7.11, (III) matures after,
and does not require any scheduled amortization or other scheduled payments of principal
prior to, the Maturity Date of the Term Loans (it being understood that such Indebtedness
may have mandatory prepayment, repurchase or redemptions provisions satisfying the
requirement of clause (IV) hereof), (IV) has terms and conditions (other than interest rate,
redemption premiums and subordination terms), taken as a whole, that are not materially less
favorable to the Borrower as the terms and conditions of the Senior Subordinated Notes as of
the Closing Date; provided that a certificate of a Responsible Officer delivered to the
Administrative Agent at least five Business Days prior to the incurrence of such
Indebtedness, together with a reasonably detailed description of the material terms and
conditions of such Indebtedness or drafts of the documentation relating thereto, stating
that the Borrower has determined in good faith that such terms and conditions satisfy the
foregoing requirement shall be conclusive evidence that such terms and conditions satisfy
the foregoing requirement unless the Administrative Agent notifies the Borrower within such
five Business Day period that it disagrees with such determination (including a reasonable
description of the basis upon which it disagrees), and (V) is incurred by the Borrower or a
Guarantor;

     (i) Indebtedness representing deferred compensation to employees of Holdings, the
Borrower and the Restricted Subsidiaries incurred in the ordinary course of business;

     (j) Indebtedness consisting of promissory notes issued by any Loan Party to current or
former officers, directors and employees, their respective estates, executors,
administrators, heirs, legatees, distributees, spouses or former spouses to finance the
acquisition, retirement, purchase or redemption of Equity Interests of Holdings (or, after a
Qualified IPO, the Borrower) permitted by Section 7.06; provided that (i) the aggregate
principal amount of all such Indebtedness does not exceed $10,000,000 at any time
outstanding, (ii) all such Indebtedness shall be subordinated to the Obligations on terms
reasonably satisfactory to the Administrative Agent and (iii) the aggregate amount of all
cash payments (whether principal or interest) made by the Loan Parties in respect of such
notes in any calendar year, when combined with the aggregate amount of Restricted

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Payments made pursuant to Section 7.06(g) in such calendar year, shall not exceed
$5,000,000, provided that any unused amounts in any calendar year may be carried over to
succeeding calendar years, so long as the aggregate amount of all cash payments made in
respect of such notes in any calendar year (after giving effect to such carry forward), when
aggregated with the aggregate amount of Restricted Payments made pursuant to Section 7.06(g)
in such calendar year (after giving effect to such carry forward), shall not exceed
$10,000,000; provided, further, that such amount in any calendar year may be increased by an
amount not to exceed the remainder of (x) the net cash proceeds of key man life insurance
policies received by Holdings, the Borrower or any of its Restricted Subsidiaries after the
Closing Date less (y) the aggregate amount of all cash payments made in respect of any
promissory notes pursuant to this Section 7.03(j) after the Closing Date with the net cash
proceeds described in preceding clause (x) less (z) the aggregate amount of all Restricted
Payments made after the Closing Date in reliance on the last proviso appearing in Section
7.06(g);

     (k) Indebtedness incurred by Holdings, the Borrower or the Restricted Subsidiaries in a
Permitted Acquisition, any other Investment expressly permitted hereunder or any
Disposition, in any such case constituting indemnification obligations or obligations in
respect of purchase price or other similar adjustments;

     (l) Indebtedness consisting of obligations of Holdings, the Borrower or the Restricted
Subsidiaries under deferred compensation or other similar arrangements incurred by such
Person in connection with the Transaction and Permitted Acquisitions or any other Investment
expressly permitted hereunder;

     (m) Cash Management Obligations and other Indebtedness in respect of netting services,
overdraft protections, automatic clearinghouse arrangements and similar arrangements in each
case in connection with deposit accounts;

     (n) Indebtedness of the Borrower and the Restricted Subsidiaries in an aggregate
principal amount not to exceed $20,000,000 at any time outstanding, provided that, at any
time after delivery of the most recent Compliance Certificate pursuant to Section 6.02(b)
demonstrating a Total Leverage Ratio of 3.50:1.00 or less as of the last day of the Test
Period to which such Compliance Certificate relates, $30,000,000 at any time outstanding;

     (o) Indebtedness consisting of (a) the financing of insurance premiums or (b)
take-or-pay obligations contained in supply arrangements, in each case, in the ordinary
course of business;

     (p) Indebtedness incurred by the Borrower or any of the Restricted Subsidiaries in
respect of letters of credit, bank guarantees, bankers’ acceptances or similar instruments
issued or created in the ordinary course of business, including in respect of workers
compensation claims, health, disability or other employee benefits or property, casualty or
liability insurance or self-insurance or other Indebtedness with respect to
reimbursement-type obligations regarding workers compensation claims; provided that

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any reimbursement obligations in respect thereof are reimbursed within 30 days
following the incurrence thereof;

     (q) obligations in respect of performance, bid, appeal and surety bonds and performance
and completion guarantees and similar obligations provided by the Borrower or any of the
Restricted Subsidiaries or obligations in respect of letters of credit, bank guarantees,
warehouse receipts, banker’s acceptances or similar instruments related thereto, in each
case in the ordinary course of business or consistent with past practices;

     (r) unsecured Indebtedness of Holdings (“Permitted Holdings Debt”) (i) that is not
subject to any Guarantee by the Borrower or any Restricted Subsidiary, (ii) that will not
mature prior to the date that is ninety-one (91) days after the Maturity Date of the Term
Loans, (iii) that has no scheduled amortization or payments of principal (it being
understood that such Indebtedness may have mandatory prepayment, repurchase or redemption
provisions satisfying the requirements of clause (v) hereof), (iv) that does not require any
payments in cash of interest or other amounts in respect of the principal thereof prior to
the earlier to occur of (A) the date that is five (5) years from the date of the issuance or
incurrence thereof and (B) the date that is ninety-one (91) days after the Maturity Date of
the Term Loans, and (v) that has mandatory prepayment, repurchase or redemption, covenant,
default and remedy provisions customary for senior discount notes of an issuer that is the
parent of a borrower under senior secured credit facilities, and in any event, with respect
to covenant, default and remedy provisions, no more restrictive than those set forth in the
Senior Subordinated Notes Indenture as of the Closing Date, taken as a whole (other than
provisions customary for senior discount notes of a holding company); provided that a
certificate of a Responsible Officer delivered to the Administrative Agent at least five
Business Days prior to the incurrence of such Indebtedness, together with a reasonably
detailed description of the material terms and conditions of such Indebtedness or drafts of
the documentation relating thereto, stating that the Borrower has determined in good faith
that such terms and conditions satisfy the foregoing requirement shall be conclusive
evidence that such terms and conditions satisfy the foregoing requirement unless the
Administrative Agent notifies the Borrower within such five Business Day period that it
disagrees with such determination (including a reasonable description of the basis upon
which it disagrees); provided, further, that any such Indebtedness shall constitute
Permitted Holdings Debt only if (1) both before and after giving effect to the issuance or
incurrence thereof, no Default shall have occurred and be continuing and (2) the Borrower
and the Restricted Subsidiaries will be in Pro Forma Compliance with the covenants set forth
in Section 7.11 (it being understood that any capitalized or paid-in-kind or accreted
principal on such Indebtedness is not subject to this proviso);

     (s) unsecured Indebtedness in respect of obligations of the Borrower or any Restricted
Subsidiary to pay the deferred purchase price of goods or services or progress payments in
connection with such goods and services; provided that such obligations are incurred in
connection with open accounts extended by suppliers on customary trade terms (which require
that all such payments be made within 60 days after the incurrence of the related
obligation) in the ordinary course of business;

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     (t) Indebtedness of any Foreign Subsidiary of the Borrower to local financial
institutions for working capital purposes in an aggregate principal amount not to exceed
$2,000,000 at any time outstanding;

     (u) [reserved];

     (v) Indebtedness in respect of the (i) the Existing Tender Offer Notes and (ii) Senior
Subordinated Notes and any Permitted Refinancing thereof; and

     (w) all premiums (if any), interest (including post-petition interest), fees, expenses,
charges and additional or contingent interest on obligations described in clauses (a)
through (v) above.

          SECTION 7.04. Fundamental Changes . Merge, dissolve, liquidate, consolidate with or
into another Person, or Dispose of (whether in one transaction or in a series of transactions) all
or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any
Person, except that:

     (a) any Restricted Subsidiary may merge with any one or more other Restricted
Subsidiaries; provided that when any Restricted Subsidiary that is a Loan Party is merging
with another Restricted Subsidiary, a Loan Party shall be the continuing or surviving
Person;

     (b) (i) any Subsidiary that is not a Loan Party may merge or consolidate with or into
any other Subsidiary that is not a Loan Party and (ii) any Subsidiary may liquidate or
dissolve or change its legal form if (x) Holdings or the Borrower determines in good faith
that such action is in the best interests of Holdings or the Borrower and its Subsidiaries
and if not materially disadvantageous to the Lenders and (y) to the extent such Restricted
Subsidiary is a Loan Party, any assets or business not otherwise disposed of or transferred
in accordance with Section 7.02 or 7.05, or, in the case of any such business, discontinued,
shall be transferred to, or otherwise owned or conducted by, another Loan Party after giving
effect to such liquidation or dissolution;

     (c) any Restricted Subsidiary may Dispose of all or substantially all of its assets
(upon voluntary liquidation or otherwise) to the Borrower or to another Restricted
Subsidiary; provided that if the transferor in such a transaction is a Guarantor or the
Borrower, then (i) the transferee must either be the Borrower or a Guarantor or (ii) to the
extent constituting an Investment, such Investment must be a permitted Investment in or
Indebtedness of a Restricted Subsidiary which is not a Loan Party in accordance with
Sections 7.02 and 7.03, respectively;

     (d) so long as no Default exists or would result therefrom, the Borrower may merge or
consolidate with any other Person; provided that (i) the Borrower shall be the continuing or
surviving corporation or (ii) if the Person formed by or surviving any such merger or
consolidation is not the Borrower (any such Person, the “Successor Company”), (A) the
Successor Company shall be an entity organized or existing under the laws of the United
States, any state thereof, the District of Columbia or any territory thereof, (B) the
Successor Company shall expressly assume all the obligations of the

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Borrower under this Agreement and the other Loan Documents to which the Borrower is a
party pursuant to a supplement hereto or thereto in form reasonably satisfactory to the
Administrative Agent, (C) each Guarantor, unless it is the other party to such merger or
consolidation, shall have by a supplement to the Guaranty confirmed that its Guarantee shall
apply to the Successor Company’s obligations under this Agreement, (D) each Guarantor,
unless it is the other party to such merger or consolidation, shall have by a supplement to
the Security Agreement confirmed that its obligations thereunder shall apply to the
Successor Company’s obligations under this Agreement, (E) each mortgagor of a Mortgaged
Property, unless it is the other party to such merger or consolidation, shall have by an
amendment to or restatement of the applicable Mortgage confirmed that its obligations
thereunder shall apply to the Successor Company’s obligations under this Agreement, (F) the
Borrower shall have delivered to the Administrative Agent an officer’s certificate and an
opinion of counsel, each stating that such merger or consolidation and such supplement to
this Agreement or any Collateral Document preserves the enforceability of this Agreement,
the Guaranty and the Collateral Documents and the perfection and priority of the Liens under
the Collateral Documents and (G) such merger or consolidation is otherwise permitted by
Section 7.02; provided, further, that if the foregoing are satisfied, the Successor Company
will succeed to, and be substituted for, the Borrower under this Agreement;

     (e) so long as no Default exists or would result therefrom, any Restricted Subsidiary
may merge with any other Person in order to effect an Investment permitted pursuant to
Section 7.02; provided that the continuing or surviving Person shall be a Restricted
Subsidiary, which together with each of its Restricted Subsidiaries, shall, to the extent
required, have complied with the requirements of Section 6.11;

     (f) Holdings, the Borrower and the Restricted Subsidiaries may consummate the Merger
and the Secondary Merger; and

     (g) so long as no Default exists or would result therefrom, a merger, dissolution,
liquidation, consolidation or Disposition, the purpose of which is to effect a Disposition
permitted pursuant to Section 7.05.

          SECTION 7.05. Dispositions. Make any Disposition or enter into any agreement to make
any Disposition, except:

     (a) Dispositions of obsolete or worn out property, whether now owned or hereafter
acquired, in the ordinary course of business and Dispositions of property no longer used or
useful in the conduct of the business of the Borrower and the Restricted Subsidiaries;

     (b) Dispositions of inventory and goods held for sale and assets of de
minimus value, in any case in the ordinary course of business;

     (c) Dispositions of property to the extent that (i) such property is exchanged for
credit against the purchase price of similar replacement property or (ii) the proceeds of

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such Disposition are promptly applied to the purchase price of such replacement
property;

     (d) Dispositions of property to the Borrower or to a Restricted Subsidiary; provided
that if the transferor of such property is the Borrower or a Guarantor, (i) the transferee
thereof must either be a Guarantor or the Borrower or (ii) to the extent such transaction
constitutes an Investment, such transaction is permitted under Section 7.02;

     (e) Dispositions permitted by Sections 7.04 and 7.06 and Liens permitted by Section
7.01;

     (f) Dispositions of property (other than IP Collateral) pursuant to sale-leaseback
transactions; provided that (i) with respect to such property owned by the Borrower and its
Restricted Subsidiaries on the Closing Date, the Fair Market Value of all property so
Disposed of after the Closing Date shall not exceed $30,000,000 and, when taken together
with the aggregate Fair Market Value of all property Disposed of pursuant to sub-clause (B)
of Section 7.05(k), shall not exceed at any time an amount equal to 7.5% of Total
Consolidated Assets at such time and (ii) with respect to such property acquired by the
Borrower or any Restricted Subsidiary after the Closing Date, the applicable sale-leaseback
transaction occurs within two hundred and seventy (270) days after the acquisition or
construction (as applicable) of such property;

     (g) Dispositions of cash and Cash Equivalents;

     (h) Dispositions or discounts without recourse of accounts receivable in connection
with the compromise or collection thereof;

     (i) leases, subleases, licenses or sublicenses (including the provision of Software
under an open source license), in each case in the ordinary course of business and which do
not materially interfere with the business of Holdings, the Borrower and the Restricted
Subsidiaries, taken as a whole;

     (j) transfers of property subject to Casualty Events upon receipt of the Net Cash
Proceeds of such Casualty Event;

     (k) (A) Dispositions listed on Schedule 7.05(k), (B) Dispositions of property not
otherwise permitted under this Section 7.05 and (C) with respect to property acquired by the
Borrower or any Restricted Subsidiary pursuant to a Permitted Acquisition after the Closing
Date, the Dispositions of such after-acquired property; provided that (i) at the time of
such Disposition (other than any such Disposition made pursuant to a legally binding
commitment entered into at a time when no Default exists), no Default shall exist or would
result from such Disposition, (ii) the aggregate Fair Market Value of all property Disposed
of in reliance on sub-clause (B) of this clause (k) (taken together with the aggregate Fair
Market Value of all property Disposed of pursuant to Section 7.05(f)) shall not exceed at
any time an amount equal to 7.5% of Total Consolidated Assets at such time and (iii) with
respect to any Disposition pursuant to this clause (k) for a purchase price in excess of
$2,500,000, the Borrower or a Restricted Subsidiary shall receive not less than 75% of such
consideration in the form of cash or Cash Equivalents

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(in each case, free and clear of all Liens at the time received, other than
nonconsensual Liens permitted by Section 7.01 and Liens permitted by Section 7.01(s) and
clauses (i) and (ii) of Section 7.01(u)); provided, however, that for the purposes of this
clause (iii), (I) any liabilities (as shown on the Borrower’s or such Restricted
Subsidiary’s most recent balance sheet provided hereunder or in the footnotes thereto) of
the Borrower or such Restricted Subsidiary (other than liabilities that are by their terms
subordinated to the payment in cash of the Obligations) that are assumed by the transferee
with respect to the applicable Disposition and for which the Borrower and all of the
Restricted Subsidiaries shall have been validly released by all applicable creditors in
writing, (II) any securities received by the Borrower or such Restricted Subsidiary from
such transferee that are converted by the Borrower or such Restricted Subsidiary into cash
(to the extent of the cash received) within 180 days following the closing of the applicable
Disposition and (III) any Designated Non-Cash Consideration received by the Borrower or such
Restricted Subsidiary in respect of such Disposition having an aggregate Fair Market Value,
taken together with all other Designated Non-Cash Consideration received pursuant to this
clause (III) that is at that time outstanding, not in excess of 1.5% of Consolidated Total
Assets at the time of the receipt of such Designated Non-Cash Consideration, with the Fair
Market Value of each item of Designated Non-Cash Consideration being measured at the time
received and without giving effect to subsequent changes in value, shall be deemed to be
cash;

     (l) [reserved]; and

     (m) Dispositions of Investments in joint ventures to the extent required by, or made
pursuant to customary buy/sell arrangements between, the joint venture parties set forth in
joint venture arrangements and similar binding arrangements;

provided that any Disposition of any property pursuant to this Section 7.05 (except pursuant to
Sections 7.05(e) and except for Dispositions from a Loan Party to another Loan Party), shall be for
no less than the Fair Market Value of such property at the time of such Disposition. To the extent
any Collateral is Disposed of as expressly permitted by this Section 7.05 to any Person other than
Holdings, the Borrower or any Restricted Subsidiary, such Collateral shall be sold free and clear
of the Liens created by the Loan Documents, and the Administrative Agent or the Collateral Agent,
as applicable, shall be authorized to take any actions deemed appropriate in order to effect the
foregoing.

          SECTION 7.06. Restricted Payments. Declare or make, directly or indirectly, any
Restricted Payment, except:

     (a) each Restricted Subsidiary may make Restricted Payments to the Borrower and to
other Restricted Subsidiaries (and, in the case of a Restricted Payment by a non-wholly
owned Restricted Subsidiary, to the Borrower and any other Restricted Subsidiary and to each
other owner of Equity Interests of such Restricted Subsidiary based on their relative
ownership interests of the relevant class of Equity Interests);

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     (b) Holdings, the Borrower and each Restricted Subsidiary may declare and make
Restricted Payments payable solely in the Equity Interests (other than Disqualified Equity
Interests not otherwise permitted by Section 7.03) of such Person;

     (c) [reserved];

     (d) Restricted Payments made on the Closing Date to consummate the Transaction;

     (e) to the extent constituting Restricted Payments, Holdings, the Borrower and the
Restricted Subsidiaries may enter into and consummate transactions expressly permitted to be
made by the Borrower, Holdings or such Restricted Subsidiary by any provision of Section
7.04 or 7.08 (other than Sections 7.08(a), (f) and (g));

     (f) repurchases of Equity Interests in Holdings, the Borrower or any Restricted
Subsidiary deemed to occur upon exercise of stock options or warrants if such Equity
Interests represent a portion of the exercise price of such options or warrants;

     (g) Holdings (or the Borrower after a Qualifying IPO of the Borrower) may pay (or make
Restricted Payments to allow any direct or indirect parent thereof to pay) for the
repurchase, retirement or other acquisition or retirement for value of Equity Interests of
Holdings (or of any such parent of Holdings or of the Borrower after a Qualifying IPO of the
Borrower) by any future, present or former officer, employee, consultant or director of
Holdings (or any direct or indirect parent of Holdings) or any of its Subsidiaries (or their
respective estates, executors, administrators, heirs, legatees or distributees) pursuant to
any employee or director equity plan, employee or director stock option plan or any other
employee or director benefit plan or any agreement (including any stock subscription or
shareholder agreement) with any future or former officer, employee, consultant or director
of Holdings or any of its Subsidiaries; provided that the aggregate amount of Restricted
Payments made pursuant to this clause (g) in any calendar year, when combined with the
aggregate amount of all cash payments (whether principal or interest) made by the Loan
Parties in respect of any promissory notes pursuant to Section 7.03(j) in such calendar
year, shall not exceed $5,000,000, provided that any unused portion of the preceding basket
for any calendar year may be carried forward to succeeding calendar years, so long as the
aggregate amount of all Restricted Payments made pursuant to this Section 7.06(g) in any
calendar year (after giving effect to such carry forward), when aggregated with the
aggregate amount of cash payments made in respect of notes pursuant to Section 7.03(j) in
such calendar year (after giving effect to such carry forward), shall not exceed
$10,000,000; provided, further, that such amount in any calendar year may be increased by an
amount not to exceed the remainder of (x) the net cash proceeds of key man life insurance
policies received by Holdings, the Borrower or any of its Restricted Subsidiaries after the
Closing Date less (y) the aggregate amount of all Restricted Payments made after the Closing
Date with the net cash proceeds described in preceding clause (x) less (z) the aggregate
amount of all cash payments made in respect of any promissory notes pursuant to Section
7.03(j) after the Closing Date in reliance on the last proviso appearing in Section 7.03(j);

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     (h) the Borrower and its Restricted Subsidiaries may make Restricted Payments to
Holdings:

   (i) the proceeds of which will be used to pay (or to make Restricted Payments
to allow any direct or indirect parent of Holdings to pay) the tax liability to each
relevant jurisdiction in respect of consolidated, combined, unitary or affiliated
returns for the relevant jurisdiction of Holdings (or such parent) attributable to
Holdings, the Borrower or its Subsidiaries determined as if the Borrower and its
Subsidiaries filed separately;

   (ii) the proceeds of which shall be used by Holdings to pay (or to make
Restricted Payments to allow any direct or indirect parent of Holdings to pay) its
operating expenses incurred in the ordinary course of business and other corporate
overhead costs and expenses (including administrative, legal, accounting and similar
expenses provided by third parties), which are reasonable and customary and incurred
in the ordinary course of business, in an aggregate amount not to exceed $2,000,000
in any fiscal year plus any reasonable and customary indemnification claims made by
directors or officers of Holdings (or any parent thereof) attributable to the
ownership or operations of the Borrower and its Subsidiaries;

   (iii) the proceeds of which shall be used by Holdings to pay franchise taxes
and other fees, taxes and expenses required to maintain its (or any of its direct or
indirect parents’) corporate existence;

   (iv) the proceeds of which shall be used by Holdings to make Restricted
Payments permitted by this Section 7.06;

   (v) to finance any Investment permitted to be made pursuant to Section 7.02(i);
provided that (A) such Restricted Payment shall be made substantially concurrently
with the closing of such Investment and (B) Holdings shall, immediately following
the closing thereof, cause (1) all property acquired (whether assets or Equity
Interests) to be contributed to the Borrower or its Restricted Subsidiaries or (2)
the merger (to the extent permitted in Section 7.04) of the Person formed or
acquired into the Borrower or its Restricted Subsidiaries in order to consummate
such Permitted Acquisition, in each case, in accordance with the requirements of
Section 6.11; and

   (vi) the proceeds of which shall be used by Holdings to pay (or to make
Restricted Payments to allow any direct or indirect parent thereof to pay) fees and
expenses (other than to Affiliates) related to any unsuccessful equity or debt
offering permitted by this Agreement, so long as the aggregate amount of all such
Restricted Payments pursuant to this clause (vi) does not to exceed $2,000,000;

     (i) in addition to the foregoing Restricted Payments and so long as no Default shall
have occurred and be continuing or would result therefrom, the Borrower may make additional
Restricted Payments to Holdings the proceeds of which may be utilized

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by Holdings to make additional Restricted Payments, in an aggregate amount, together
with the aggregate amount of (1) prepayments, redemptions, purchases, defeasances and other
payments in respect of Junior Financings made pursuant to Section 7.13(a)(iv) and (2) loans
and advances to Holdings made pursuant to Section 7.02(m) in lieu of Restricted Payments
permitted by this clause (i), not to exceed an amount equal to the sum of (x) $15,000,000
and (y) the Available Amount at such time; and

     (j) Holdings or the Borrower may make Restricted Payments with the proceeds of the
issuance of Permitted Holdings Debt.

          SECTION 7.07. Change in Nature of Business. Engage in any material line of business
substantially different from those lines of business conducted by the Borrower and the Restricted
Subsidiaries, taken as a whole, on the date hereof or any business reasonably related or ancillary
thereto.

          SECTION 7.08. Transactions with Affiliates. Enter into any transaction of any kind
with any Affiliate of the Borrower, whether or not in the ordinary course of business, other than
(a) transactions among Loan Parties or any Restricted Subsidiary or any entity that becomes a
Restricted Subsidiary as a result of such transaction, (b) on terms substantially as favorable to
Holdings, the Borrower or such Restricted Subsidiary as would be obtainable by Holdings, the
Borrower or such Restricted Subsidiary at the time in a comparable arm’s-length transaction with a
Person other than an Affiliate, (c) the payment of fees and expenses related to the Transaction,
(d) the issuance of Equity Interests to the management of Holdings, the Borrower or any of its
Subsidiaries in connection with the Transaction, (e) the payment of reasonable (i) expenses of the
Sponsors in connection with any management, consulting, monitoring and advisory activities of the
Sponsors and (ii) customary indemnities related to such expenses described in immediately preceding
clause (i), (f) equity issuances, repurchases, retirements or other acquisitions or retirements of
Equity Interests by Holdings or the Borrower permitted under Section 7.06, (g) loans and other
transactions by Holdings, the Borrower and the Restricted Subsidiaries to the extent permitted
under this Article 7, (h) employment and severance arrangements between Holdings, the Borrower and
the Restricted Subsidiaries and their respective directors, officers, employees and consultants in
the ordinary course of business, (i) payments by Holdings (and any direct or indirect parent
thereof), the Borrower and the Restricted Subsidiaries pursuant to the tax sharing agreements among
Holdings (and any such parent thereof), the Borrower and the Restricted Subsidiaries on customary
terms to the extent attributable to the ownership or operations of the Borrower and the Restricted
Subsidiaries, (j) the payment of customary fees and reasonable out of pocket costs to, and
indemnities provided on behalf of, directors, officers and employees of Holdings, the Borrower and
the Restricted Subsidiaries in the ordinary course of business to the extent attributable to the
ownership or operation of Holdings, the Borrower and the Restricted Subsidiaries, (k) transactions
pursuant to permitted agreements, instruments or arrangements in existence on the Closing Date and
set forth on Schedule 7.08 or any amendment thereto to the extent such an amendment is not adverse
to the Lenders in any material respect, (l) transactions permitted under Section 7.06, and (m)
customary payments by Holdings, the Borrower and any Restricted Subsidiaries to the Sponsors made
for any financial advisory, financing, underwriting or placement services or in respect of other
investment banking activities (including in connection with acquisitions or divestitures), which
payments are approved by the majority of the members of the board of directors or a

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majority of the disinterested members of the board of directors of Holdings or the Borrower,
in good faith.

          SECTION 7.09. Burdensome Agreements. Enter into or permit to exist any Contractual
Obligation (other than this Agreement or any other Loan Document) that limits the ability of (a)
any Restricted Subsidiary of the Borrower that is not a Guarantor to make Restricted Payments to
the Borrower or any Guarantor or (b) the Borrower or any Loan Party to create, incur, assume or
suffer to exist Liens on property of such Person for the benefit of the Secured Parties with
respect to the Facilities and the Obligations or under the Loan Documents; provided that the
foregoing clauses (a) and (b) shall not apply to Contractual Obligations which (i) (x) exist on the
date hereof and (to the extent not otherwise permitted by this Section 7.09) are listed on Schedule
7.09 hereto and (y) to the extent Contractual Obligations permitted by clause (x) are set forth in
an agreement evidencing Indebtedness, are set forth in any agreement evidencing any permitted
renewal, extension or refinancing of such Indebtedness so long as such renewal, extension or
refinancing does not expand the scope of such Contractual Obligation, (ii) are binding on a
Restricted Subsidiary at the time such Restricted Subsidiary first becomes a Restricted Subsidiary
of the Borrower, so long as such Contractual Obligations were not entered into solely in
contemplation of such Person becoming a Restricted Subsidiary of the Borrower; provided further
that this clause (ii) shall not apply to Contractual Obligations that are binding on a Person that
becomes a Restricted Subsidiary pursuant to Section 6.14, (iii) represent Indebtedness of a
Restricted Subsidiary of the Borrower which is not a Loan Party which is permitted by Section 7.03,
(iv) arise in connection with any Disposition permitted by Section 7.05, (v) are customary
provisions in joint venture agreements and other similar agreements applicable to joint ventures
permitted under Section 7.02 and applicable solely to such joint venture entered into in the
ordinary course of business, (vi) are negative pledges and restrictions on Liens in favor of any
holder of Indebtedness permitted under Section 7.03 but solely to the extent any negative pledge
relates to the property financed by or the subject of such Indebtedness (and excluding in any event
any Indebtedness constituting any Junior Financing), (vii) are customary restrictions on leases,
subleases, licenses or asset sale agreements otherwise permitted hereby so long as such
restrictions relate to the assets subject thereto, (viii) comprise restrictions imposed by any
agreement relating to secured Indebtedness permitted pursuant to Section 7.03(e), to the extent
that such restrictions apply only to the property or assets securing such Indebtedness, (ix) are
customary provisions restricting subletting or assignment of any lease governing a leasehold
interest of the Borrower or any Restricted Subsidiary, (x) are customary provisions restricting
assignment of any agreement entered into in the ordinary course of business, and (xi) are
restrictions on cash or other deposits imposed by customers under contracts entered into in the
ordinary course of business and (xii) are imposed by Law or by any Governmental Authority.

          SECTION 7.10. Use of Proceeds. Use the proceeds of any Credit Extension, whether
directly or indirectly, in a manner inconsistent with the uses set forth in the preliminary
statements to this Agreement.

          SECTION 7.11. Financial Covenants. (a) Total Leverage Ratio. Permit the Total
Leverage Ratio as of the last day of any Test Period (beginning with the Test Period ending on
December 31, 2006) to be greater than the ratio set forth below opposite the last day of such Test
Period:

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	Test Period	 	Total Leverage Ratio
	December 31, 2006
	 	 	6.75:1.00	 
	March 31, 2007
	 	 	6.50:1.00	 
	June 30, 2007
	 	 	6.50:1.00	 
	September 30, 2007
	 	 	6.25:1.00	 
	December 31, 2007
	 	 	6.00:1.00	 
	March 31, 2008
	 	 	5.75:1.00	 
	June 30, 2008
	 	 	5.75:1.00	 
	September 30, 2008
	 	 	5.50:1.00	 
	December 31, 2008
	 	 	5.25:1.00	 
	March 31, 2009
	 	 	5.00:1.00	 
	June 30, 2009
	 	 	5.00:1.00	 
	September 30, 2009
	 	 	4.75:1.00	 
	December 31, 2009
	 	 	4.50:1.00	 
	March 31, 2010
	 	 	4.50:1.00	 
	June 30, 2010
	 	 	4.50:1.00	 
	September 30, 2010
	 	 	4.50:1.00	 
	December 31, 2010
and thereafter
	 	 	3.75:1.00	 

          (b) Interest Coverage Ratio. Permit the Interest Coverage Ratio for any Test Period
(beginning with the Test Period ending on December 31, 2006) to be less than the ratio set
forth below opposite the last day of such Test Period:

	 	 	 	 	 
	Test Period	 	Interest Coverage Ratio
	December 31, 2006
	 	 	1.75:1.00	 
	March 31, 2007
	 	 	1.75:1.00	 
	June 30, 2007
	 	 	1.75:1.00	 
	September 30, 2007
	 	 	1.75:1.00	 
	December 31, 2007
	 	 	1.75:1.00	 
	March 31, 2008
	 	 	1.75:1.00	 
	June 30, 2008
	 	 	2.00:1.00	 
	September 30, 2008
	 	 	2.00:1.00	 
	December 31, 2008
	 	 	2.00:1.00	 
	March 31, 2009
	 	 	2.00:1.00	 
	June 30, 2009
	 	 	2.00:1.00	 
	September 30, 2009
	 	 	2.25:1.00	 
	December 31, 2009
	 	 	2.25:1.00	 
	March 31, 2010
	 	 	2.50:1.00	 
	June 30, 2010
	 	 	2.50:1.00	 
	September 30, 2010
	 	 	2.50:1.00	 
	December 31, 2010
and thereafter
	 	 	2.75:1.00	 

          SECTION 7.12. Accounting Changes. Make any change in fiscal quarter or fiscal year;
provided, however, that the Borrower may, upon written notice to the Administrative

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Agent, change its fiscal quarter or fiscal year to any other fiscal quarter or fiscal year
reasonably acceptable to the Administrative Agent, in which case, the Borrower and the
Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to
this Agreement that are necessary to reflect such change in fiscal quarter or fiscal year.

          SECTION 7.13. Prepayments, Etc. of Indebtedness. (a) Prepay, redeem, purchase,
defease or otherwise satisfy prior to the scheduled maturity thereof in any manner (it being
understood that payments of regularly scheduled interest shall be permitted) the Senior
Subordinated Notes, any Indebtedness incurred under Section 7.03(h)(i)(B) (and any Permitted
Refinancing thereof) or any other Indebtedness (but excluding, in any event, the Existing Tender
Offer Notes) that is required to be subordinated to the Obligations pursuant to the terms of the
Loan Documents (collectively, “Junior Financing”) or make any payment in violation of any
subordination terms of any Junior Financing Documentation, except, so long as (in the case of
clauses (i)(y), (ii) and (iv) below) no Default shall have occurred and be continuing or would
result therefrom, (i) the refinancing thereof with the Net Cash Proceeds of (x) any Indebtedness
(to the extent such Indebtedness constitutes a Permitted Refinancing and, if applicable, is
permitted pursuant to Section 7.03(h)), to the extent not required to prepay any Loans or Facility
pursuant to Section 2.05(b) or (y) any Holdings Permitted Debt, (ii) the conversion of any Junior
Financing to Equity Interests (other than Disqualified Equity Interests) of Holdings or any of its
direct or indirect parents (or, after a Qualifying IPO, the Borrower), (iii) the prepayment of
Indebtedness of the Borrower or any Restricted Subsidiary to the Borrower or any Restricted
Subsidiary to the extent permitted by the Intercompany Subordination Agreement and (iv)
prepayments, redemptions, purchases, defeasances and other payments in respect of Junior Financings
prior to their scheduled maturity in an aggregate amount, together with the aggregate amount of (1)
Restricted Payments made pursuant to Section 7.06(i) and (2) loans and advances to Holdings made
pursuant to Section 7.02(m) in lieu of Restricted Payments permitted by Section 7.06(i), not to
exceed an amount equal to the sum of (x) $15,000,000 and (y) the Available Amount at such time.

          (b) Amend, modify or change (x) the subordination provisions of the Senior Subordinated
Notes Documentation and any other Junior Financing Documentation (and the component
definitions as used therein) or (y) any term or condition of the Senior Subordinated Notes
Documentation and any Junior Financing Documentation in any manner materially adverse to the
interests of the Lenders, in any such case without the consent of the Administrative Agent.

          (c) Amend, modify or change its certificate or articles of incorporation (including,
without limitation, by the filing or modification of any certificate or articles of
designation), certificate of formation, limited liability company agreement or by-laws (or the
equivalent organizational documents), as applicable, in each case, in any manner materially
adverse to the interests of the Lenders.

          (d) Designate any Indebtedness (or related interest obligations) as “Designated Senior
Debt” (as defined in the Senior Subordinated Notes Indenture) or any similar term (as defined
in any Junior Financing Documentation), in each case, except for the Obligations described in
clause (x) of the definition thereof.

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          SECTION 7.14. Equity Interests of the Borrower and Restricted Subsidiaries. Permit
any Domestic Subsidiary that is a Restricted Subsidiary to be a non-wholly owned Subsidiary, except
(i) as a result of or in connection with a dissolution, merger, consolidation or Disposition of a
Restricted Subsidiary permitted by Section 7.04, 7.05 or an Investment in any Person permitted
under Section 7.02 or (ii) so long as such Restricted Subsidiary continues to be a Guarantor.

          SECTION 7.15. Holding Company. In the case of Holdings, conduct, transact or
otherwise engage in any business or operations other than (i) its ownership of the Equity Interests
of the Borrower, (ii) the maintenance of its legal existence, including the ability to incur fees,
costs and expenses relating to such maintenance, (iii) participating in tax, accounting and other
administrative matters as a member of the consolidated group of Holdings and the Borrower, (iv) the
performance of the Loan Documents, the Merger Agreement and the other agreements contemplated by
the Merger Agreement and agreements related to the Secondary Merger, (v) any public offering of its
common stock or any other issuance of its Equity Interests not prohibited by Article 7, including
incurring the costs, fees and expenses related thereto, (vi) any transaction that Holdings is
permitted to enter into or consummate under this Article 7, including making any Restricted Payment
permitted by Section 7.06 or holding any cash received in connection with Restricted Payments made
by the Borrower in accordance with Section 7.06 pending application thereof by Holdings in the
manner contemplated by Section 7.06, (vii) incurring fees, costs and expenses relating to overhead
and general operations including professional fees for legal, tax and accounting issues, (viii)
providing indemnification to officers and directors and as otherwise permitted in Article 7 and
(ix) activities incidental to the businesses or activities described in clauses (i) to (viii) of
this Section 7.15.

          SECTION 7.16. Capital Expenditures. (a) Make any Capital Expenditure except for
Capital Expenditures not exceeding an amount equal to the sum of (x) in the aggregate for the
Borrower and the Restricted Subsidiaries during each fiscal year set forth below (or in the case of
the Borrower’s 2006 fiscal year, the period from the Closing Date to September 30, 2006), the
amount set forth opposite such fiscal year or period, as the case may be (such amount, the
“Permitted Capital Expenditure Amount”) and (y) the Available Amount:

	 	 	 	 	 
	Fiscal Year	 	 
	(or period)	 	Amount
	Closing Date to

 September 30, 2006
	 	$	6,000,000	 
	2007 Fiscal Year
	 	$	14,000,000	 
	2008 Fiscal Year
	 	$	15,000,000	 
	2009 Fiscal Year
	 	$	16,000,000	 
	2010 Fiscal Year
	 	$	17,000,000	 
	2011 Fiscal Year
	 	$	18,000,000	 
	2012 Fiscal Year
	 	$	18,000,000	 
	2013 Fiscal Year
	 	$	18,000,000	 

; provided that the amount of the Permitted Capital Expenditure Amount permitted to be made in
respect of any fiscal year or period shall be increased after the consummation of any Permitted

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Acquisition in an amount equal to 5% of the pro forma aggregate consolidated revenues of the
Acquired Entity or Business so acquired during the fiscal year or period of such Acquired Entity or
Business beginning after such Permitted Acquisition (such amount, the “Acquired Annual Capital
Expenditure Amount”).

               (b) Notwithstanding anything to the contrary contained in clause (a) above, to the extent that
the aggregate amount of Capital Expenditures made by the Borrower and the Restricted Subsidiaries
in any fiscal year or period pursuant to Section 7.16(a)(x) is less than the Permitted Capital
Expenditure Amount permitted by Section 7.16(a) with respect to such fiscal year or period, the
amount of such difference (the “Rollover Amount”) may be carried forward and used to make Capital
Expenditures in the immediately succeeding fiscal year or period; provided that Capital
Expenditures in any fiscal year or period shall be counted against the Permitted Capital
Expenditure Amount respect to such fiscal year or period prior to being counted against any
Rollover Amount available with respect to such fiscal year or period.

ARTICLE VIII

Events Of Default and Remedies

          SECTION 8.01. Events of Default. Any of the following shall constitute an Event of
Default:

          (a) Non-Payment. The Borrower or any other Loan Party fails to pay (i) when and as
required to be paid herein, any amount of principal of any Loan, or (ii) within five (5)
Business Days after the same becomes due, any interest on any Loan or any other amount payable
hereunder or with respect to any other Loan Document; or

          (b) Specific Covenants. The Borrower fails to perform or observe any term, covenant or
agreement contained in any of Sections 6.03(a), 6.05(a) (solely with respect to Holdings and
the Borrower) or Article 7; provided that any Event of Default under Section 7.11 is subject
to cure as contemplated by Section 8.05; or

          (c) Other Defaults. Any Loan Party fails to perform or observe any other covenant or
agreement (not specified in Section 8.01(a) or (b) above) contained in any Loan Document on
its part to be performed or observed and such failure continues unremedied for thirty (30)
days after written notice thereof given by the Administrative Agent to the Borrower; or

          (d) Representations and Warranties. Any representation, warranty, certification or
statement of fact made or deemed made by or on behalf of the Borrower or any other Loan Party
herein, in any other Loan Document, or in any document required to be delivered in connection
herewith or therewith shall be incorrect or misleading in any material respect when made or
deemed made; or

          (e) Cross-Default. Any Loan Party or any Restricted Subsidiary (A) fails to make any
payment beyond the applicable grace period with respect thereto, if any (whether by scheduled
maturity, required prepayment, acceleration, demand, or otherwise) in respect

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of any Indebtedness (other than Indebtedness hereunder) having an aggregate principal
amount of not less than the Threshold Amount, or (B) fails to observe or perform any other
agreement or condition relating to any such Indebtedness, or any other event occurs (other
than, with respect to Indebtedness consisting of Swap Agreements, termination events or
equivalent events pursuant to the terms of such Swap Agreements), the effect of which default
or other event is to cause, or to permit the holder or holders of such Indebtedness (or a
trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to
cause, with the giving of notice if required, such Indebtedness to become due or to be
repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to
repurchase, prepay, defease or redeem such Indebtedness to be made, prior to its stated
maturity; provided that this clause (e)(B) shall not apply to secured Indebtedness that
becomes due as a result of the voluntary sale or transfer of the property or assets securing
such Indebtedness, if such sale or transfer is permitted hereunder and under the documents
providing for such Indebtedness; or

          (f) Insolvency Proceedings, Etc. Any Loan Party or any of the Restricted Subsidiaries
institutes or consents to the institution of any proceeding under any Debtor Relief Law, or
makes an assignment for the benefit of creditors; or applies for or consents to the
appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator,
administrator, administrative receiver or similar officer for it or for all or any material
part of its property; or any receiver, trustee, custodian, conservator, liquidator,
rehabilitator, administrator, administrative receiver or similar officer is appointed without
the application or consent of such Person and the appointment continues undischarged or
unstayed for sixty (60) calendar days; or any proceeding under any Debtor Relief Law relating
to any such Person or to all or any material part of its property is instituted without the
consent of such Person and continues undismissed or unstayed for sixty (60) calendar days, or
an order for relief is entered in any such proceeding; or

          (g) Inability to Pay Debts; Attachment. (i) Any Loan Party or any Restricted Subsidiary
admits in writing its inability or fails generally to pay its debts in excess of the Threshold
Amount as they become due, or (ii) any writ or warrant of attachment or execution or similar
process is issued or levied against all or any material part of the property of the Loan
Parties, taken as a whole, and is not released, vacated or fully bonded within sixty (60) days
after its issue or levy; or

          (h) Judgments. There is entered against any Loan Party or any Restricted Subsidiary a
final judgment or order for the payment of money in an aggregate amount exceeding the
Threshold Amount (to the extent not covered by independent third-party insurance as to which
the insurer has been notified of such judgment or order and has not denied coverage) and such
judgment or order shall not have been satisfied, vacated, discharged or stayed or bonded
pending an appeal for a period of sixty (60) consecutive days; or

          (i) ERISA. (i) An ERISA Event occurs with respect to a Pension Plan or Multiemployer
Plan which has resulted or could reasonably be expected to result in liability of any Loan
Party in an aggregate amount which could reasonably be expected to result in a Material
Adverse Effect, or (ii) any Loan Party or any ERISA Affiliate fails to pay when

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due, after the expiration of any applicable grace period, any installment payment with
respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in
an aggregate amount which could reasonably be expected to result in a Material Adverse Effect;
or

          (j) Invalidity of Loan Documents. Any material provision of any Loan Document, at any
time after its execution and delivery and for any reason other than as expressly permitted
hereunder or thereunder (including as a result of a transaction permitted under Section 7.04
or 7.05) or as a result of acts or omissions by the Administrative Agent or any Lender or the
satisfaction in full of all the Obligations, ceases to be in full force and effect; or any
Loan Party contests in writing the validity or enforceability of any provision of any Loan
Document; or any Loan Party denies in writing that it has any further liability or obligation
under any Loan Document (other than as a result of repayment in full of the Obligations and
termination of the Aggregate Commitments), or purports in writing to revoke or rescind any
Loan Document; or

          (k) Change of Control. There occurs any Change of Control; or

          (l) Collateral Documents. (i) Any Collateral Document after delivery thereof pursuant to
Section 4.01 or 6.11 shall for any reason (other than pursuant to the terms thereof including
as a result of a transaction permitted under Section 7.04 or 7.05) cease to create a valid and
perfected lien, with the priority required by the Collateral Documents, (or other security
purported to be created on the applicable Collateral) on and security interest in any material
portion of the Collateral purported to be covered thereby, subject to Liens permitted under
Section 7.01, except to the extent that any such loss of perfection or priority results from
the failure of the Administrative Agent or the Collateral Agent to maintain possession of
certificates actually delivered to it representing securities pledged under the Collateral
Documents or to file Uniform Commercial Code continuation statements and except as to
Collateral consisting of real property to the extent that such losses are covered by a
lender’s title insurance policy and such insurer has not denied coverage, or (ii) any of the
Equity Interests of the Borrower ceasing to be pledged pursuant to the Security Agreement free
of Liens other than Liens created by the Security Agreement or any nonconsensual Liens arising
solely by operation of Law; or

          (m) Junior Financing Documentation. (i) Any of the Obligations of the Loan Parties under
the Loan Documents for any reason shall cease to be “Senior Indebtedness” (or any comparable
term) or “Senior Secured Financing” (or any comparable term) under, and as defined in any
Junior Financing Documentation or (ii) the subordination provisions set forth in any Junior
Financing Documentation shall, in whole or in part, cease to be effective or cease to be
legally valid, binding and enforceable against the holders of any Junior Financing, if
applicable.

          SECTION 8.02. Remedies Upon Event of Default. If any Event of Default occurs and is
continuing, the Administrative Agent may and, at the request of the Required Lenders, shall take
any or all of the following actions:

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     (a) declare the commitment of each Lender to make Loans and any obligation of the L/C
Issuers to make L/C Credit Extensions to be terminated, whereupon such commitments and
obligation shall be terminated;

     (b) declare the unpaid principal amount of all outstanding Loans, all interest accrued
and unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan
Document to be immediately due and payable, without presentment, demand, protest or other
notice of any kind, all of which are hereby expressly waived by the Borrower;

     (c) require that the Borrower Cash Collateralize the L/C Obligations (in an amount
equal to the then Outstanding Amount thereof); and

     (d) exercise on behalf of itself and the Lenders all rights and remedies available to
it and the Lenders under the Loan Documents or applicable Law;

provided that upon the occurrence of any Event of Default under clause (f) of Section 8.01, the
obligation of each Lender to make Loans and any obligation of the L/C Issuers to make L/C Credit
Extensions shall automatically terminate, the unpaid principal amount of all outstanding Loans and
all interest and other amounts as aforesaid shall automatically become due and payable, and the
obligation of the Borrower to Cash Collateralize the L/C Obligations as aforesaid shall
automatically become effective, in each case without further act of the Administrative Agent or any
Lender.

          SECTION 8.03. Exclusion of Immaterial Subsidiaries. Solely for the purpose of
determining whether a Default has occurred under clause (f) or (g) of Section 8.01, any reference
in any such clause to any Restricted Subsidiary or Loan Party shall be deemed not to include any
Restricted Subsidiary affected by any event or circumstances referred to in any such clause that
did not, as of the last day of the most recent completed fiscal quarter of the Borrower, have
assets with a value in excess of 5% of the Consolidated Total Assets of the Borrower and the
Restricted Subsidiaries and did not, as of the four quarter period ending on the last day of such
fiscal quarter, have revenues exceeding 5% of the total revenues of the Borrower and the Restricted
Subsidiaries (it being agreed that all Restricted Subsidiaries affected by any event or
circumstance referred to in any such clause shall be considered together, as a single consolidated
Restricted Subsidiary, for purposes of determining whether the condition specified above is
satisfied).

          SECTION 8.04. Application of Funds. After the exercise of remedies provided for in
Section 8.02 (or after the Loans have automatically become immediately due and payable and the L/C
Obligations have automatically been required to be Cash Collateralized as set forth in the proviso
to Section 8.02), any amounts received on account of the Obligations shall be applied by the
Administrative Agent in the following order:

     First, to payment of that portion of the Obligations constituting fees, indemnities,
expenses and other amounts (other than principal and interest, but including Attorney Costs
payable under Section 10.04 and amounts payable under Article 3) payable to each

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of the Administrative Agent and the Collateral Agent, in each case, in its capacity as
such;

     Second, to payment of that portion of the Obligations constituting fees, indemnities
and other amounts (other than principal and interest) payable to the Lenders (including
Attorney Costs payable under Section 10.05 and amounts payable under Article 3), ratably
among them in proportion to the amounts described in this clause Second payable to them;

     Third, to payment of that portion of the Obligations constituting accrued and unpaid
interest on the Loans and L/C Borrowings, ratably among the Lenders in proportion to the
respective amounts described in this clause Third payable to them;

     Fourth, to payment of that portion of the Obligations constituting unpaid principal of
the Loans and L/C Borrowings, the termination value under Secured Hedge Obligations and the
Cash Management Obligations, ratably among the Lenders and the other Secured Creditors in
proportion to the respective amounts described in this clause Fourth held by them;

     Fifth, to the Administrative Agent for the account of the L/C Issuers, to Cash
Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount of
Letters of Credit;

     Sixth, to the payment of all other Obligations of the Loan Parties that are due and
payable to the Administrative Agent and the other Secured Parties on such date, ratably
based upon the respective aggregate amounts of all such Obligations owing to the
Administrative Agent and the other Secured Parties on such date; and

     Last, the balance, if any, after all of the Obligations have been indefeasibly paid in
full, to the Borrower or as otherwise required by Law.

Subject to Section 2.03(c), amounts used to Cash Collateralize the aggregate undrawn amount of
Letters of Credit pursuant to clause Fifth above shall be applied to satisfy drawings under such
Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all
Letters of Credit have either been fully drawn or expired, such remaining amount shall be applied
to the other Obligations, if any, in the order set forth above and, if no Obligations remain
outstanding, to the Borrower.

          SECTION 8.05. Borrower’s Right to Cure. (a) Notwithstanding anything to the contrary
contained in Section 8.01, in the event of any Event of Default under any covenant set forth in
Section 7.11 and until the expiration of the tenth (10th) day after the date on which financial
statements are required to be delivered with respect to the applicable fiscal quarter hereunder,
Holdings or the Borrower may engage in a Permitted Equity Issuance to any of the Equity Investors
and apply the amount of the Net Cash Proceeds thereof to increase Consolidated EBITDA with respect
to such applicable quarter; provided that such Net Cash Proceeds (i) are actually received by the
Borrower (including through capital contribution of such Net Cash Proceeds by Holdings to the
Borrower) no later than ten (10) days after the date on which financial statements are required to
be delivered with respect to such fiscal quarter hereunder, (ii)

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are Not Otherwise Applied and (iii) do not exceed the aggregate amount necessary to cure such
Event of Default under Section 7.11 for any applicable period. The parties hereby acknowledge that
this Section 8.05(a) may not be relied on for purposes of calculating any financial ratios other
than as applicable to Section 7.11 and shall not result in any adjustment to any amounts other than
the amount of the Consolidated EBITDA referred to in the immediately preceding sentence.

          (b) Notwithstanding the provisions of Section 8.05(a), in each period of four fiscal
quarters, there shall be at least two (2) fiscal quarters in which no cure set forth in
Section 8.05(a) is made.

ARTICLE IX

Administrative Agent, Other Agents and Arrangers

          SECTION 9.01. Appointment and Authorization of Agents and Arrangers. (a) Each Lender
hereby irrevocably appoints, designates and authorizes the Administrative Agent (and solely with
respect to the right of consent expressly set forth in Section 2.15, the Arrangers) required to
take such action on its behalf under the provisions of this Agreement and each other Loan Document
and to exercise such powers and perform such duties as are expressly delegated to it by the terms
of this Agreement or any other Loan Document, together with such powers as are reasonably
incidental thereto. Notwithstanding any provision to the contrary contained elsewhere herein or in
any other Loan Document, the Administrative Agent and the Arrangers shall have no duties or
responsibilities, except those expressly set forth herein, nor shall the Administrative Agent or
the Arrangers have or be deemed to have any fiduciary relationship with any Lender or participant,
and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be
read into this Agreement or any other Loan Document or otherwise exist against the Administrative
Agent or the Arrangers. Without limiting the generality of the foregoing sentence, the use of the
term “agent” or “arranger” herein and in the other Loan Documents with reference to any Agent or
Arranger is not intended to connote any fiduciary or other implied (or express) obligations arising
under agency doctrine of any applicable Law. Instead, such term is used merely as a matter of
market custom, and is intended to create or reflect only an administrative relationship between
independent contracting parties.

          (b) Each L/C Issuer shall act on behalf of the Lenders with respect to any Letters of
Credit issued by it and the documents associated therewith, and each such L/C Issuer shall
have all of the benefits and immunities (i) provided to the Agents in this Article 9 with
respect to any acts taken or omissions suffered by such L/C Issuer in connection with Letters
of Credit issued by it or proposed to be issued by it and the applications and agreements for
letters of credit pertaining to such Letters of Credit as fully as if the term “Agent” as used
in this Article 9 and in the definition of “Agent-Related Person” included such L/C Issuer
with respect to such acts or omissions, and (ii) as additionally provided herein with respect
to such L/C Issuer.

          (c) The Administrative Agent shall also act as the “collateral agent” under the Loan
Documents, and each of the Lenders (in its capacities as a Lender, Swing Line Lender (if
applicable), L/C Issuer (if applicable) and a potential Hedge Bank) hereby

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irrevocably appoints and authorizes the Administrative Agent to act as the agent of (and
to hold any security interest created by the Collateral Documents for and on behalf of or on
trust for) such Lender for purposes of acquiring, holding and enforcing any and all Liens on
Collateral granted by any of the Loan Parties to secure any of the Secured Obligations,
together with such powers and discretion as are reasonably incidental thereto. In this
connection, the Administrative Agent, as “collateral agent” (and any co-agents, sub-agents and
attorneys-in-fact appointed by the Administrative Agent pursuant to Section 9.02 for purposes
of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the
Collateral Documents, or for exercising any rights and remedies thereunder at the direction of
the Administrative Agent), shall be entitled to the benefits of all provisions of this Article
9 (including, Section 9.07, as though such co-agents, sub-agents and attorneys-in-fact were
the “collateral agent” under the Loan Documents) as if set forth in full herein with respect
thereto.

          SECTION 9.02. Delegation of Duties. The Administrative Agent may execute any of its
duties under this Agreement or any other Loan Document (including for purposes of holding or
enforcing any Lien on the Collateral (or any portion thereof) granted under the Collateral
Documents or of exercising any rights and remedies thereunder) by or through agents, employees or
attorneys-in-fact, such sub-agents as shall be deemed necessary by the Administrative Agent and
shall be entitled to advice of counsel and other consultants or experts concerning all matters
pertaining to such duties. The Administrative Agent shall not be responsible for the negligence or
misconduct of any agent or sub-agent or attorney-in-fact that it selects in the absence of gross
negligence or willful misconduct (as determined in the final judgment of a court of competent
jurisdiction).

          SECTION 9.03. Liability of Agents. No Agent-Related Person shall (a) be liable for
any action taken or omitted to be taken by any of them under or in connection with this Agreement
or any other Loan Document or the transactions contemplated hereby (except for its own gross
negligence or willful misconduct, as determined by the final judgment of a court of competent
jurisdiction, in connection with its duties expressly set forth herein), or (b) be responsible in
any manner to any Lender or participant for any recital, statement, representation or warranty made
by any Loan Party or any officer thereof, contained herein or in any other Loan Document, or in any
certificate, report, statement or other document referred to or provided for in, or received by the
Administrative Agent under or in connection with, this Agreement or any other Loan Document, or the
validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other
Loan Document, or the perfection or priority of any Lien or security interest created or purported
to be created under the Collateral Documents, or for any failure of any Loan Party or any other
party to any Loan Document to perform its obligations hereunder or thereunder. No Agent-Related
Person shall be under any obligation to any Lender or participant to ascertain or to inquire as to
the observance or performance of any of the agreements contained in, or conditions of, this
Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan
Party or any Affiliate thereof.

          SECTION 9.04. Reliance by Agents. (a) Each Agent shall be entitled to rely, and
shall be fully protected in relying, upon any writing, communication, signature, resolution,
representation, notice, consent, certificate, affidavit, letter, telegram, facsimile, telex or
telephone message, electronic mail message, statement or other document or conversation believed by
it to

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be genuine and correct and to have been signed, sent or made by the proper Person or Persons,
and upon advice and statements of legal counsel (including counsel to any Loan Party), independent
accountants and other experts selected by such Agent. Each Agent shall be fully justified in
failing or refusing to take any action under any Loan Document unless it shall first receive such
advice or concurrence of the Required Lenders as it deems appropriate and, if it so requests, 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.
Each Agent shall in all cases be fully protected in acting, or in refraining from acting, under
this Agreement or any other Loan Document in accordance with a request or consent of the Required
Lenders (or such greater number of Lenders as may be expressly required hereby in any instance) and
such request and any action taken or failure to act pursuant thereto shall be binding upon all the
Lenders.

          (b) For purposes of determining compliance with the conditions specified in Section 4.01,
each Lender that has signed this 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 unless the
Administrative Agent shall have received notice from such Lender prior to the proposed Closing
Date specifying its objection thereto.

          SECTION 9.05. Notice of Default. The Administrative Agent shall not be deemed to have
knowledge or notice of the occurrence of any Default, except with respect to defaults in the
payment of principal, interest and fees required to be paid to the Administrative Agent for the
account of the Lenders, unless the Administrative Agent shall have received written notice from a
Lender or the Borrower referring to this Agreement, describing such Default and stating that such
notice is a “notice of default.” The Administrative Agent will notify the Lenders of its receipt
of any such notice. The Administrative Agent shall take such action with respect to any Event of
Default as may be directed by the Required Lenders in accordance with Article 8; provided that
unless and until the Administrative Agent has received any such direction, the Administrative Agent
may (but shall not be obligated to) take such action, or refrain from taking such action, with
respect to such Event of Default as it shall deem advisable or in the best interest of the Lenders.

          SECTION 9.06. Credit Decision; Disclosure of Information by Agents. Each Lender
acknowledges that no Agent-Related Person has made any representation or warranty to it, and that
no act by any Agent hereafter taken, including any consent to and acceptance of any assignment or
review of the affairs of any Loan Party or any Affiliate thereof, shall be deemed to constitute any
representation or warranty by any Agent-Related Person to any Lender as to any matter, including
whether Agent-Related Persons have disclosed material information in their possession. Each Lender
represents to each Agent that it has, independently and without reliance upon any Agent-Related
Person and based on such documents and information as it has deemed appropriate, made its own
appraisal of and investigation into the business, prospects, operations, property, financial and
other condition and creditworthiness of the Loan Parties and their respective Subsidiaries, and all
applicable bank or other regulatory Laws relating to the transactions contemplated hereby, and made
its own decision to enter into this Agreement and to extend credit to the Borrower and the other
Loan Parties hereunder. Each Lender also represents that it will, independently and without
reliance upon any Agent-Related Person and based on

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such documents and information as it shall deem appropriate at the time, continue to make its
own credit analysis, appraisals and decisions in taking or not taking action under this Agreement
and the other Loan Documents, and to make such investigations as it deems necessary to inform
itself as to the business, prospects, operations, property, financial and other condition and
creditworthiness of the Borrower and the other Loan Parties. Except for notices, reports and other
documents expressly required to be furnished to the Lenders by any Agent herein, such Agent shall
not have any duty or responsibility to provide any Lender with any credit or other information
concerning the business, prospects, operations, property, financial and other condition or
creditworthiness of any of the Loan Parties or any of their respective Affiliates which may come
into the possession of any Agent-Related Person.

          SECTION 9.07. Indemnification of Agents. Whether or not the transactions contemplated
hereby are consummated, the Lenders shall indemnify upon demand each Agent-Related Person (to the
extent not reimbursed by or on behalf of any Loan Party and without limiting the obligation of any
Loan Party to do so), pro rata, and hold harmless each Agent-Related Person from and against any
and all Indemnified Liabilities incurred by it; provided that no Lender shall be liable for the
payment to any Agent-Related Person of any portion of such Indemnified Liabilities resulting from
such Agent-Related Person’s own gross negligence or willful misconduct, as determined by the final
judgment of a court of competent jurisdiction; provided that no action taken in accordance with the
directions of the Required Lenders (or such other number or percentage of the Lenders as shall be
required by the Loan Documents) shall be deemed to constitute gross negligence or willful
misconduct for purposes of this Section 9.07. In the case of any investigation, litigation or
proceeding giving rise to any Indemnified Liabilities, this Section 9.07 applies whether any such
investigation, litigation or proceeding is brought by any Lender or any other Person. Without
limitation of the foregoing, each Lender shall reimburse the Administrative Agent upon demand for
its ratable share of any costs or out-of-pocket expenses (including Attorney Costs) incurred by the
Administrative Agent in connection with the preparation, execution, delivery, administration,
modification, amendment or enforcement (whether through negotiations, legal proceedings or
otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement, any
other Loan Document, or any document contemplated by or referred to herein, to the extent that the
Administrative Agent is not reimbursed for such expenses by or on behalf of the Borrower. The
undertaking in this Section 9.07 shall survive termination of the Aggregate Commitments, the
payment of all other Obligations and the resignation of the Administrative Agent.

          SECTION 9.08. Agents in their Individual Capacities. DBTCA and its Affiliates may
make loans to, issue letters of credit for the account of, accept deposits from, acquire Equity
Interests in and generally engage in any kind of banking, trust, financial advisory, underwriting
or other business with each of the Loan Parties and their respective Affiliates as though DBTCA
were not the Administrative Agent or an L/C Issuer hereunder and without notice to or consent of
the Lenders. The Lenders acknowledge that, pursuant to such activities, DBTCA or its Affiliates
may receive information regarding any Loan Party or its Affiliates (including information that may
be subject to confidentiality obligations in favor of such Loan Party or such Affiliate) and
acknowledge that the Administrative Agent shall be under no obligation to provide such information
to them. With respect to its Loans, DBTCA shall have the same rights and powers under this
Agreement as any other Lender and may exercise such rights and powers as

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though it were not the Administrative Agent or an L/C Issuer, and the terms “Lender” and
“Lenders” include DBTCA in its individual capacity.

          SECTION 9.09. Successor Agents. The Administrative Agent may resign as the
Administrative Agent upon thirty (30) days’ notice to the Lenders and the Borrower. If the
Administrative Agent resigns under this Agreement, the Required Lenders shall appoint from among
the Lenders a successor agent for the Lenders, which successor agent shall be consented to by the
Borrower at all times other than during the existence of an Event of Default under Section 8.01(f)
or (g) (which consent of the Borrower shall not be unreasonably withheld or delayed). If no
successor agent is appointed prior to the effective date of the resignation of the Administrative
Agent, the Administrative Agent may appoint, after consulting with the Lenders and the Borrower, a
successor agent from among the Lenders. Upon the acceptance of its appointment as successor agent
hereunder, the Person acting as such successor agent shall succeed to all the rights, powers and
duties of the retiring Administrative Agent and the term “Administrative Agent,” shall mean such
successor administrative agent and/or supplemental administrative agent, as the case may be, and
the retiring Administrative Agent’s appointment, powers and duties as the Administrative Agent
shall be terminated. After the retiring Administrative Agent’s resignation hereunder as the
Administrative Agent, the provisions of this Article 9 and Sections 10.04 and 10.05 shall inure to
its benefit as to any actions taken or omitted to be taken by it while it was the Administrative
Agent under this Agreement. If no successor agent has accepted appointment as the Administrative
Agent by the date which is thirty (30) days following the retiring Administrative Agent’s notice of
resignation, the retiring Administrative Agent’s resignation shall nevertheless thereupon become
effective and the Lenders shall perform all of the duties of the Administrative Agent hereunder
until such time, if any, as the Required Lenders appoint a successor agent as provided for above.
Upon the acceptance of any appointment as the Administrative Agent hereunder by a successor and
upon the execution and filing or recording of such financing statements, or amendments thereto, and
such amendments or supplements to the Mortgages, and such other instruments or notices, as may be
necessary or desirable, or as the Required Lenders may request, in order to (a) continue the
perfection of the Liens granted or purported to be granted by the Collateral Documents or (b)
otherwise ensure that the Collateral and Guarantee Requirement is satisfied, the Administrative
Agent shall thereupon succeed to and become vested with all the rights, powers, discretion,
privileges, and duties of the retiring Administrative Agent, and the retiring Administrative Agent
shall be discharged from its duties and obligations under the Loan Documents. After the retiring
Administrative Agent’s resignation hereunder as the Administrative Agent, the provisions of this
Article 9 shall continue in effect for its benefit in respect of any actions taken or omitted to be
taken by it while it was acting as the Administrative Agent.

          SECTION 9.10. Administrative Agent May File Proofs of Claim. In case of the pendency
of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment,
composition or other judicial proceeding relative to any Loan Party, the Administrative Agent
(irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable
as herein expressed or by declaration or otherwise and irrespective of whether the Administrative
Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention
in such proceeding or otherwise:

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     (a) to file and prove a claim for the whole amount of the principal and interest owing
and unpaid in respect of the Loans, L/C Obligations and all other Obligations that are owing
and unpaid and to file such other documents as may be necessary or advisable in order to
have the claims of the Lenders and the Administrative Agent (including any claim for the
reasonable compensation, expenses, disbursements and advances of the Lenders and the
Administrative Agent and their respective agents and counsel and all other amounts due the
Lenders and the Administrative Agent under Sections 2.03(h) and (i), 2.09 and 10.04) allowed
in such judicial proceeding; and

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

and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official
in any such judicial proceeding is hereby authorized by each Lender to make such payments to the
Administrative Agent and, in the event that the Administrative Agent shall consent to the making of
such payments directly to the Lenders, to pay to the Administrative Agent any amount due for the
reasonable compensation, expenses, disbursements and advances of the Agents and their respective
agents and counsel, and any other amounts due the Administrative Agent under Sections 2.09 and
10.04.

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

          SECTION 9.11. Collateral and Guaranty Matters. The Lenders irrevocably agree that:

     (a) any Lien on any property granted to or held by the Administrative Agent or the
Collateral Agent under any Loan Document shall be automatically released (i) upon
termination of the Aggregate Commitments and payment in full of all Obligations (other than
(x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management
Obligations not yet due and payable and (z) contingent indemnification obligations not yet
accrued and payable) and the expiration or termination of all Letters of Credit, (ii) at the
time the property subject to such Lien is transferred or to be transferred as part of or in
connection with any transfer permitted hereunder or under any other Loan Document to any
Person other than Holdings, the Borrower or any other Guarantor, (iii) subject to Section
10.01, if the release of such Lien is approved, authorized or ratified in writing by the
Required Lenders, or (iv) if the property subject to such Lien is owned by a Guarantor, upon
release of such Guarantor from its obligations under its Guaranty pursuant to clause (c)
below;

     (b) to release or subordinate any Lien on any property granted to or held by the
Administrative Agent or the Collateral Agent under any Loan Document to the holder of any
Lien on such property that is permitted by Section 7.01(i), or (p); and

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     (c) any Guarantor shall be automatically released from its obligations under the
Guaranty if such Person ceases to be a Restricted Subsidiary as a result of a transaction or
designation permitted hereunder (including as a result of a Guarantor being redesignated as
an Unrestricted Subsidiary); provided that no such release shall occur if such Guarantor
continues to be a guarantor in respect of the Senior Subordinated Notes or any Junior
Financing.

          Upon request by the Administrative Agent at any time, the Required Lenders will confirm in
writing the Administrative Agent’s authority to release or subordinate its interest in particular
types or items of property, or to release any Guarantor from its obligations under the Guaranty
pursuant to this Section 9.11. In each case as specified in this Section 9.11, the Administrative
Agent will (and each Lender irrevocably authorizes the Administrative Agent to), at the Borrower’s
expense, execute and deliver to the applicable Loan Party such documents as such Loan Party may
reasonably request to evidence the release or subordination of such item of Collateral from the
assignment and security interest granted under the Collateral Documents, or to evidence the release
of such Guarantor from its obligations under the Guaranty, in each case in accordance with the
terms of the Loan Documents and this Section 9.11.

          SECTION 9.12. Other Agents; Arrangers and Managers. None of the Lenders or other
Persons identified on the facing page or signature pages of this Agreement as a “syndication
agent,” “Documentation Agent”, “joint bookrunner” or “arranger” shall have any right, power,
obligation, liability, responsibility or duty under this Agreement other than those applicable to
all Lenders as such. Without limiting the foregoing, none of the Lenders or other Persons so
identified shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender
acknowledges that it has not relied, and will not rely, on any of the Lenders or other Persons so
identified in deciding to enter into this Agreement or in taking or not taking action hereunder.

          SECTION 9.13. Appointment of Supplemental Administrative Agents. (a) It is the
purpose of this Agreement and the other Loan Documents that there shall be no violation of any Law
of any jurisdiction denying or restricting the right of banking corporations or associations to
transact business as agent or trustee in such jurisdiction. It is recognized that in case of
litigation under this Agreement or any of the other Loan Documents, and in particular in case of
the enforcement of any of the Loan Documents, or in case the Administrative Agent deems that by
reason of any present or future Law of any jurisdiction it may not exercise any of the rights,
powers or remedies granted herein or in any of the other Loan Documents or take any other action
which may be desirable or necessary in connection therewith, the Administrative Agent is hereby
authorized to appoint an additional individual or institution selected by the Administrative Agent
in its sole discretion as a separate trustee, co-trustee, administrative agent, collateral agent,
administrative sub-agent or administrative co-agent (any such additional individual or institution
being referred to herein individually as a “Supplemental Administrative Agent” and collectively as
“Supplemental Administrative Agents”).

          (b) In the event that the Administrative Agent appoints a Supplemental Administrative
Agent with respect to any Collateral, (i) each and every right, power, privilege or duty
expressed or intended by this Agreement or any of the other Loan Documents to be exercised by
or vested in or conveyed to the Administrative Agent with

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respect to such Collateral shall be exercisable by and vest in such Supplemental
Administrative Agent to the extent, and only to the extent, necessary to enable such
Supplemental Administrative Agent to exercise such rights, powers and privileges with respect
to such Collateral and to perform such duties with respect to such Collateral, and every
covenant and obligation contained in the Loan Documents and necessary to the exercise or
performance thereof by such Supplemental Administrative Agent shall run to and be enforceable
by either the Administrative Agent or such Supplemental Administrative Agent, and (ii) the
provisions of this Article 9 and of Sections 10.04 and 10.05 that refer to the Administrative
Agent shall inure to the benefit of such Supplemental Administrative Agent and all references
therein to the Administrative Agent shall be deemed to be references to the Administrative
Agent and/or such Supplemental Administrative Agent, as the context may require.

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

ARTICLE X

Miscellaneous

          SECTION 10.01. Amendments, Etc. Except as otherwise set forth in this Agreement, no
amendment, modification, supplement or waiver of any provision of this Agreement or any other Loan
Document, and no consent to any departure by the Borrower or any other Loan Party therefrom, shall
be effective unless in writing signed by the Required Lenders and the Borrower or the applicable
Loan Party, as the case may be, and each such waiver, amendment, modification, supplement or
consent shall be effective only in the specific instance and for the specific purpose for which
given; provided that, no such amendment, modification, supplement waiver or consent shall:

     (a) extend or increase the Commitment of any Lender without the written consent of each
Lender directly affected thereby (it being understood that a waiver of any condition
precedent set forth in Section 4.02 or the waiver of any Default, mandatory prepayment or
mandatory reduction of the Commitments shall not constitute an extension or increase of any
Commitment of any Lender);

     (b) extend the date of any scheduled repayment of Term Loans pursuant to Section
2.07(a) without the consent of the Supermajority Lenders holding Term Loans, or amend the
definition of Supermajority Lenders without the consent of the Supermajority Lenders holding
Term Loans (it being understood that, with the consent of the Required

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Lenders, additional extensions of credit pursuant to this Agreement may be included in
the determination of the Supermajority Lenders on substantially the same basis as the
extensions of Term Loans and Revolving Loan Commitments are included on the Closing Date);

     (c) postpone the final scheduled maturity date for, or reduce the amount of, any
payment of principal or interest under Section 2.07 or 2.08 without the written consent of
each Lender directly affected thereby, it being understood that the waiver of (or amendment
to the terms of) any mandatory prepayment of the Term Loans shall not constitute a
postponement of any date scheduled for the payment of principal or interest;

     (d) reduce the principal of, or the rate of interest specified herein on, any Loan or
L/C Borrowing, or (subject to clause (iii) of the second proviso to this Section 10.01) any
fees (including fees set forth in Section 2.05(a)(iv)) or other amounts payable hereunder or
under any other Loan Document without the written consent of each Lender directly affected
thereby, it being understood that any change to the definition of Total Leverage Ratio or in
the component definitions thereof shall not constitute a reduction in the rate; provided
that, only the consent of the Required Lenders shall be necessary to amend the definition of
“Default Rate” or to waive any obligation of the Borrower to pay interest at the Default
Rate;

     (e) change any provision of this Section 10.01, the definition of “Required Lenders” or
“Pro Rata Share” or Section 2.06(c), 8.04 or 2.13 without the written consent of each Lender
affected thereby;

     (f) other than in a transaction permitted under Section 7.05, release all or
substantially all of the Collateral in any transaction or series of related transactions,
without the written consent of each Lender; or

     (g) other than in connection with a transaction permitted under Section 7.04 or 7.05,
release all or substantially all of the aggregate value of the Guarantees, without the
written consent of each Lender;

and provided further that (i) no amendment, waiver or consent shall, unless in writing and signed
by each L/C Issuer in addition to the Lenders required above, affect the rights or duties of an L/C
Issuer under this Agreement or any Letter of Credit Application relating to any Letter of Credit
issued or to be issued by it; (ii) no amendment, waiver or consent shall, unless in writing and
signed by the Swing Line Lender in addition to the Lenders required above, affect the rights or
duties of the Swing Line Lender under this Agreement; (iii) no amendment, waiver or consent shall,
unless in writing and signed by the Administrative Agent in addition to the Lenders required above,
affect the rights or duties of, or any fees or other amounts payable to, the Administrative Agent
under this Agreement or any other Loan Document; (iv) Section 10.07(h) may not be amended, waived
or otherwise modified without the consent of each Granting Lender all or any part of whose Loans
are being funded by an SPC at the time of such amendment, waiver or other modification; and (v) the
consent of Lenders holding more than 50% of any Class of Commitments shall be required with respect
to any amendment that by its terms adversely affects the rights of such Class in respect of
payments hereunder in a manner different

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than such amendment affects other Classes. Any such waiver and any such amendment, modification or
supplement in accordance with the terms of this Section 10.01 shall apply equally to each of the
Lenders and shall be binding on the Loan Parties, the Lenders, the Agents and all future holders of
the Loans and Commitments. Notwithstanding anything to the contrary herein, no Defaulting Lender
shall have any right to approve or disapprove any amendment, waiver or consent hereunder, except
that the Commitment of such Lender may not be increased or extended without the consent of such
Lender (it being understood that any Commitments or Loans held or deemed held by any Defaulting
Lender shall be excluded for a vote of the Lenders hereunder requiring any consent of the Lenders).

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

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

          SECTION 10.02. Notices and Other Communications; Facsimile Copies. (a) General.
Unless otherwise expressly provided herein, all notices and other communications provided for
hereunder or under any other Loan Document shall be in writing (including by facsimile
transmission). All such written notices shall be mailed, faxed or delivered to the applicable
address, facsimile number or electronic mail address, and all notices and other communications
expressly permitted hereunder to be given by telephone shall be made to the applicable telephone
number, as follows:

     (i) if to the Borrower, the Administrative Agent, an L/C Issuer or the Swing Line
Lender, to the address, facsimile number, electronic mail address or telephone number
specified for such Person on Schedule 10.02 or to such other address, facsimile number,

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electronic mail address or telephone number as shall be designated by such party in a
notice to the other parties; and

     (ii) if to any other Lender, to the address, facsimile number, electronic mail address
or telephone number specified in its Administrative Questionnaire or to such other address,
facsimile number, electronic mail address or telephone number as shall be designated by such
party in a notice to the Borrower, the Administrative Agent, the L/C Issuers and the Swing
Line Lender.

All such notices and other communications shall be deemed to be given or made upon the earlier to
occur of (i) actual receipt by the relevant party hereto and (ii) (A) if delivered by hand or by
courier, when signed for by or on behalf of the relevant party hereto; (B) if delivered by mail,
four (4) Business Days after deposit in the mails, postage prepaid; (C) if delivered by facsimile,
when sent and receipt has been confirmed by telephone; and (D) if delivered by electronic mail
(which form of delivery is subject to the provisions of Section 10.02(c)), when delivered; provided
that notices and other communications to the Administrative Agent, the L/C Issuers and the Swing
Line Lender pursuant to Article 2 shall not be effective until actually received by such Person.
In no event shall a voice mail message be effective as a notice, communication or confirmation
hereunder.

          (b) Effectiveness of Facsimile Documents and Signatures. Loan Documents may be
transmitted and/or signed by facsimile. The effectiveness of any such documents and
signatures shall, subject to applicable Law, have the same force and effect as manually signed
originals and shall be binding on all Loan Parties, the Agents and the Lenders.

          (c) Reliance by Agents and Lenders. The Administrative Agent and the Lenders shall be
entitled to rely and act upon any notices (including telephonic Loan Notices and Swing Line
Loan Notices) purportedly given by or on behalf of the Borrower even if (i) such notices were
not made in a manner specified herein, were incomplete or were not preceded or followed by any
other form of notice specified herein, or (ii) the terms thereof, as understood by the
recipient, varied from any confirmation thereof. The Borrower shall indemnify each
Agent-Related Person and each Lender from all losses, costs, expenses and liabilities
resulting from the reliance by such Person on each notice purportedly given by or on behalf of
the Borrower in the absence of gross negligence or willful misconduct. All telephonic notices
to the Administrative Agent may be recorded by the Administrative Agent, and each of the
parties hereto hereby consents to such recording.

          SECTION 10.03. No Waiver; Cumulative Remedies. No failure by any Lender or the
Administrative Agent to exercise, and no delay by any such Person in exercising, any right, remedy,
power or privilege hereunder or under any other Loan Document 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, and provided under each
other Loan Document, are cumulative and not exclusive of any rights, remedies, powers and
privileges provided by Law.

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          SECTION 10.04. Attorney Costs, Expenses and Taxes. The Borrower agrees (a) if the
Closing Date occurs, to pay or reimburse the Administrative Agent, the Collateral Agent, the
Documentation Agent, the Syndication Agent and the Arrangers for all reasonable out-of-pocket
costs and expenses incurred in connection with the preparation, negotiation, syndication and
execution of this Agreement and the other Loan Documents, and any amendment, waiver, consent or
other modification of the provisions hereof and thereof (whether or not the transactions
contemplated thereby are consummated), and the consummation and administration of the transactions
contemplated hereby and thereby, including all Attorney Costs of White & Case LLP, and (b) to pay
or reimburse the Administrative Agent, the Collateral Agent, and each Lender for all out-of-pocket
costs and expenses incurred in connection with the enforcement of any rights or remedies under this
Agreement or the other Loan Documents (including all such costs and expenses incurred during any
legal proceeding, including any proceeding under any Debtor Relief Law, and including all Attorney
Costs of counsel to the Administrative Agent). The foregoing costs and expenses shall include all
reasonable search, filing, recording and title insurance charges and fees and taxes related
thereto, and other (reasonable, in the case of Section 10.04(a)) out-of-pocket expenses incurred by
any Agent. The agreements in this Section 10.04 shall survive the termination of the Aggregate
Commitments and repayment of all other Obligations. All amounts due under this Section 10.04 shall
be paid within ten (10) Business Days of receipt by the Borrower of an invoice relating thereto
setting forth such expenses in reasonable detail. If any Loan Party fails to pay when due any
costs, expenses or other amounts payable by it hereunder or under any Loan Document, such amount
may be paid on behalf of such Loan Party by the Administrative Agent in its sole discretion.

          SECTION 10.05. Indemnification by the Borrower. Whether or not the transactions
contemplated hereby are consummated, the Borrower shall indemnify and hold harmless each
Agent-Related Person, each Lender and their respective Affiliates, directors, officers, employees,
counsel, agents, trustees, investment advisors and attorneys-in-fact (collectively the
“Indemnitees”) from and against any and all liabilities, obligations, losses, damages, penalties,
claims, demands, actions, judgments, suits, costs, expenses and disbursements (including Attorney
Costs) of any kind or nature whatsoever which may at any time be imposed on, incurred by or
asserted against any such Indemnitee in any way relating to or arising out of or in connection with
(a) the execution, delivery, enforcement, performance or administration of any Loan Document or any
other agreement, letter or instrument delivered in connection with the transactions contemplated
thereby or the consummation of the transactions contemplated thereby, (b) any Commitment, Loan or
Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by an
L/C Issuer to honor a demand for payment under a Letter of Credit if the documents presented in
connection with such demand do not strictly comply with the terms of such Letter of Credit), or (c)
any actual or alleged presence or release of Hazardous Materials on or from any property currently
or formerly owned or operated by the Borrower, any Subsidiary or any other Loan Party, or any
Environmental Liability related in any way to the Borrower, any Subsidiary or any other Loan Party,
or (d) any actual or prospective claim, litigation, investigation or proceeding relating to any of
the foregoing, whether based on contract, tort or any other theory (including any investigation of,
preparation for, or defense of any pending or threatened claim, investigation, litigation or
proceeding) and regardless of whether any Indemnitee is a party thereto (all the foregoing,
collectively, the “Indemnified Liabilities”), in all cases, whether or not caused by or arising, in
whole or in part, out of the negligence of the Indemnitee; provided that such indemnity shall not,

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as to any Indemnitee, be available to the extent that such liabilities, obligations, losses,
damages, penalties, claims, demands, actions, judgments, suits, costs, expenses or disbursements
resulted from the gross negligence or willful misconduct of such Indemnitee or of any Affiliate,
director, officer, employee, counsel, agent, trustee, investment advisor or attorney-in-fact of
such Indemnitee. No Indemnitee shall be liable for any damages arising from the use by others of
any information or other materials obtained through IntraLinks or other similar information
transmission systems in connection with this Agreement in the absence of such Indemnitee’s or of
any Affiliate, director, officer, employee, counsel, agent, trustee, investment advisor or
attorney-in-fact of such Indemnitee’s gross negligence or willful misconduct, nor shall any
Indemnitee or any Loan Party have any liability for any special, punitive, indirect or
consequential damages relating to this Agreement or any other Loan Document or arising out of its
activities in connection herewith or therewith (whether before or after the Closing Date). In the
case of an investigation, litigation or other proceeding to which the indemnity in this Section
10.05 applies, such indemnity shall be effective whether or not such investigation, litigation or
proceeding is brought by any Loan Party, its directors, stockholders or creditors or an Indemnitee
or any other Person, whether or not any Indemnitee is otherwise a party thereto and whether or not
any of the transactions contemplated hereunder or under any of the other Loan Documents is
consummated. All amounts due under this Section 10.05 shall be paid within ten (10) Business Days
after written demand therefor; provided, however, that such Indemnitee shall promptly refund such
amount to the extent that there is a final judicial or arbitral determination that such Indemnitee
was not entitled to indemnification or contribution rights with respect to such payment pursuant to
the express terms of this Section 10.05. The agreements in this Section 10.05 shall survive the
resignation of the Administrative Agent, the replacement of any Lender, the termination of the
Aggregate Commitments and the repayment, satisfaction or discharge of all the other Obligations.

          SECTION 10.06. Payments Set Aside. To the extent that any payment by or on behalf of
the Borrower is made to any Agent or any Lender, or any Agent or any Lender exercises its right of
setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently
invalidated, declared to be fraudulent or preferential, set aside or required (including pursuant
to any settlement entered into by such Agent or such Lender in its discretion) to be repaid to a
trustee, receiver or any other party, in connection with any proceeding under any Debtor Relief Law
or otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally
intended to be satisfied shall be revived and continued in full force and effect as if such payment
had not been made or such setoff had not occurred, and (b) each Lender severally agrees to pay to
the Administrative Agent upon demand its applicable share of any amount so recovered from or repaid
by any Agent, plus interest thereon from the date of such demand to the date such payment is made
at a rate per annum equal to the Federal Funds Rate from time to time in effect.

          SECTION 10.07. Successors and Assigns. (a) The provisions of this Agreement shall be
binding upon and inure to the benefit of the parties hereto and their respective successors and
assigns permitted hereby, except that neither Holdings nor the Borrower may assign or otherwise
transfer any of its rights or obligations hereunder without the prior written consent of each
Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder
except (i) to an Eligible Assignee, (ii) by way of participation in accordance with the provisions
of Section 10.07(e), (iii) by way of pledge or assignment of a security interest subject

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to the restrictions of Section 10.07(g) or (iv) to an SPC in accordance with the provisions of
Section 10.07(h) (and any other attempted assignment or transfer by any party hereto shall be null
and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any
Person (other than the parties hereto, their respective successors and assigns permitted hereby,
Participants to the extent provided in Section 10.07(e) and, to the extent expressly contemplated
hereby, the Indemnitees) any legal or equitable right, remedy or claim under or by reason of this
Agreement.

          (b) (i) Subject to the conditions set forth in paragraph (b)(ii) below, any Lender may
assign to one or more assignees (“Assignees”) all or a portion of its rights and obligations
under this Agreement (including all or a portion of its Commitment and the Loans (including
for purposes of this Section 10.07(b), participations in L/C Obligations and in Swing Line
Loans) at the time owing to it) with the prior written consent (such consent not to be
unreasonably withheld, delayed or conditioned) of:

     (A) the Borrower, provided that no consent of the Borrower shall be required for an
assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of
Default under Section 8.01(a), (f) or (g) has occurred and is continuing, any Assignee;

     (B) the Administrative Agent, provided that no consent of the Administrative Agent
shall be required for an assignment (i) of all or any portion of a Term Loan to a Lender, an
Affiliate of a Lender or an Approved Fund or (ii) to an Agent or an Affiliate of an Agent;

     (C) each Principal L/C Issuer at the time of such assignment, provided that no consent
of the Principal L/C Issuers shall be required for any assignment of a Term Loan or any
assignment to an Agent or an Affiliate of an Agent; and

     (D) the Swing Line Lender; provided that no consent of the Swing Line Lender shall be
required for any assignment of a Term Loan or any assignment to an Agent or an Affiliate of
an Agent.

          (ii) Assignments shall be subject to the following additional conditions:

     (A) except in the case of an assignment to a Lender or an Affiliate of a Lender or an
assignment of the entire remaining amount of the assigning Lender’s Commitment or Loans of
any Class, the amount of the Commitment or Loans of the assigning Lender subject to each
such assignment (determined as of the date the Assignment and Assumption with respect to
such assignment is delivered to the Administrative Agent) shall not be less than $2,500,000
(in the case of the Revolving Credit Facility), or $1,000,000 (in the case of a Term Loan)
unless each of the Borrower and the Administrative Agent otherwise consents, provided that
(1) no such consent of the Borrower shall be required if an Event of Default under Section
8.01(a), (f) or (g) has occurred and is continuing and (2) such amounts shall be aggregated
in respect of each Lender and its Affiliates or Approved Funds, if any;

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     (B) the parties to each assignment shall execute and deliver to the Administrative
Agent an Assignment and Assumption, together with a processing and recordation fee of
$3,500; and

     (C) the Assignee, if it shall not be a Lender, shall deliver to the Administrative
Agent an Administrative Questionnaire.

          This paragraph (b) shall not prohibit any Lender from assigning all or a portion of its rights
and obligations among separate Facilities on a non-pro rata basis.

          (c) Subject to acceptance and recording thereof by the Administrative Agent pursuant to
Section 10.07(d), from and after the effective date specified in each Assignment and
Assumption, the Eligible Assignee thereunder shall be a party to this Agreement and, to the
extent of the interest assigned by such Assignment and Assumption, have the rights and
obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to
the extent of the interest assigned by such Assignment and Assumption, be released from its
obligations under this Agreement (and, in the case of an Assignment and Assumption covering
all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall
cease to be a party hereto but shall continue to be entitled to the benefits of Sections 3.01,
3.04, 3.05, 10.04 and 10.05 with respect to facts and circumstances occurring prior to the
effective date of such assignment). Upon request, and the surrender by the assigning Lender
of its Note, the Borrower (at its expense) shall execute and deliver a Note to the assignee
Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement
that does not comply with this clause (c) shall be treated for purposes of this Agreement as a
sale by such Lender of a participation in such rights and obligations in accordance with
Section 10.07(e).

          (d) The Administrative Agent, acting solely for this purpose as an agent of the Borrower
shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption
delivered to it and a register for the recordation of the names and addresses of the Lenders,
and the Commitments of, and principal amounts (and related interest amounts) of the Loans, L/C
Obligations (specifying the Unreimbursed Amounts), L/C Borrowings and amounts due under
Section 2.03, owing to, each Lender pursuant to the terms hereof from time to time (the
“Register”). The entries in the Register shall be conclusive, absent manifest error, and the
Borrower, the Agents and the Lenders shall treat each Person whose name is recorded in the
Register pursuant to the terms hereof as a Lender hereunder for all purposes of this
Agreement, notwithstanding notice to the contrary. The Register shall be available for
inspection by the Borrower, any Agent and any Lender, at any reasonable time and from time to
time upon reasonable prior notice.

          (e) Any Lender may at any time, without the consent of, or notice to, the Borrower, the
Administrative Agent, the L/C Issuers or the Swing Line Lender, sell participations to any
Person (other than a natural person) (each, a “Participant”) in all or a portion of such
Lender’s rights and/or obligations under this Agreement (including all or a portion of its
Commitment and/or the Loans (including such Lender’s participations in L/C Obligations and/or
Swing Line Loans) owing to it); provided that (i) such Lender’s obligations under this
Agreement shall remain unchanged, (ii) such Lender shall remain

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solely responsible to the other parties hereto for the performance of such obligations
and (iii) the Borrower, the Agents and the other Lenders shall continue to deal solely and
directly with such Lender in connection with such Lender’s rights and obligations under this
Agreement. Any agreement or instrument pursuant to which a Lender sells such a participation
shall provide that such Lender shall retain the sole right to enforce this Agreement and the
other Loan Documents and to approve any amendment, modification or waiver of any provision of
this Agreement or the other Loan Documents; provided that such agreement or instrument may
provide that such Lender will not, without the consent of the Participant, agree to any
amendment, waiver or other modification described in the first proviso to Section 10.01 that
directly affects such Participant. Subject to Section 10.07(f), the Borrower agrees that each
Participant shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 to the same
extent as if it were a Lender and had acquired its interest by assignment pursuant to Section
10.07(c) but shall not be entitled to recover greater amounts under such Sections than the
selling Lender would be entitled to recover. To the extent permitted by applicable Law, each
Participant also shall be entitled to the benefits of Section 10.09 as though it were a
Lender; provided that such Participant agrees to be subject to Section 2.13 as though it were
a Lender.

          (f) A Participant shall not be entitled to receive any greater payment under Section
3.01, 3.04 or 3.05 than the applicable Lender would have been entitled to receive with respect
to the participation sold to such Participant, unless the sale of the participation to such
Participant is made with the Borrower’s prior written consent. A Participant shall not be
entitled to the benefits of Section 3.01 unless the Borrower is notified of the participation
sold to such Participant and such Participant agrees, for the benefit of the Borrower, to
comply with Section 10.15 as though it were a Lender.

          (g) Any Lender may at any time pledge or assign a security interest in all or any portion
of its rights under this Agreement (including under its Note, if any) to secure obligations of
such Lender, including any pledge or assignment to secure obligations to a Federal Reserve
Bank; provided that no such pledge or assignment shall release such Lender from any of its
obligations hereunder or substitute any such pledgee or assignee for such Lender as a party
hereto.

          (h) Notwithstanding anything to the contrary contained herein, any Lender (a “Granting
Lender”) may grant to a special purpose funding vehicle identified as such in writing from
time to time by the Granting Lender to the Administrative Agent and the Borrower (an “SPC”)
the option to provide all or any part of any Loan that such Granting Lender would otherwise be
obligated to make pursuant to this Agreement; provided that (i) nothing herein shall
constitute a commitment by any SPC to fund any Loan, and (ii) if an SPC elects not to exercise
such option or otherwise fails to make all or any part of such Loan, the Granting Lender shall
be obligated to make such Loan pursuant to the terms hereof. Each party hereto hereby agrees
that (i) neither the grant to any SPC nor the exercise by any SPC of such option shall
increase the costs or expenses or otherwise increase or change the obligations of the Borrower
under this Agreement (including its obligations under Section 3.01, 3.04 or 3.05), (ii) no SPC
shall be liable for any indemnity or similar payment obligation under this Agreement for which
a Lender would be liable, and (iii) the Granting Lender shall for all purposes, including the
approval of any amendment,

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waiver or other modification of any provision of any Loan Document, remain the lender of
record hereunder. The making of a Loan by an SPC hereunder shall utilize the Commitment of
the Granting Lender to the same extent, and as if, such Loan were made by such Granting
Lender. Notwithstanding anything to the contrary contained herein, any SPC may (i) with
notice to, but without prior consent of the Borrower and the Administrative Agent and with the
payment of a processing fee of $3,500, assign all or any portion of its right to receive
payment with respect to any Loan to the Granting Lender and (ii) disclose on a confidential
basis any non-public information relating to its funding of Loans to any rating agency,
commercial paper dealer or provider of any surety or Guarantee or credit or liquidity
enhancement to such SPC.

          (i) Notwithstanding anything to the contrary contained herein, (1) any Lender may in
accordance with applicable Law create a security interest in all or any portion of the Loans
owing to it and the Note, if any, held by it and (2) any Lender that is a Fund may create a
security interest in all or any portion of the Loans owing to it and the Note, if any, held by
it to the trustee for holders of obligations owed, or securities issued, by such Fund as
security for such obligations or securities; provided that unless and until such trustee
actually becomes a Lender in compliance with the other provisions of this Section 10.07, (i)
no such pledge shall release the pledging Lender from any of its obligations under the Loan
Documents and (ii) such trustee shall not be entitled to exercise any of the rights of a
Lender under the Loan Documents even though such trustee may have acquired ownership rights
with respect to the pledged interest through foreclosure or otherwise.

          (j) Notwithstanding anything to the contrary contained herein, any L/C Issuer or the
Swing Line Lender may, upon thirty (30) days’ notice to the Borrower and the Lenders, resign
as an L/C Issuer or the Swing Line Lender, respectively; provided that on or prior to the
expiration of such 30-day period with respect to such resignation, the relevant L/C Issuer or
the Swing Line Lender shall have identified a successor L/C Issuer or Swing Line Lender
reasonably acceptable to the Borrower willing to accept its appointment as successor L/C
Issuer or Swing Line Lender, as applicable. In the event of any such resignation of an L/C
Issuer or the Swing Line Lender, the Borrower shall be entitled to appoint from among the
Lenders willing to accept such appointment a successor L/C Issuer or Swing Line Lender
hereunder; provided that no failure by the Borrower to appoint any such successor shall affect
the resignation of the relevant L/C Issuer or the Swing Line Lender, as the case may be,
except as expressly provided above. If an L/C Issuer resigns as an L/C Issuer, it shall
retain all the rights and obligations of an L/C Issuer hereunder with respect to all Letters
of Credit outstanding as of the effective date of its resignation as an L/C Issuer and all L/C
Obligations with respect thereto (including the right to require the Lenders to make Base Rate
Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c)). If
the Swing Line Lender resigns as Swing Line Lender, it shall retain all the rights of the
Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and
outstanding as of the effective date of such resignation, including the right to require the
Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans
pursuant to Section 2.04(c).

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          SECTION 10.08. Confidentiality. Each of the Agents and the Lenders agrees to maintain
the confidentiality of the Information, except that Information may be disclosed (a) to its
Affiliates and its and its Affiliates’ directors, officers, employees, trustees, investment
advisors and agents, including accountants, legal counsel and other advisors (“Related Parties”)
(it being understood that the Persons to whom such disclosure is made will be informed of the
confidential nature of such Information and instructed to keep such Information confidential in
accordance with its customary procedure for handling confidential information of this nature and in
accordance with safe and sound banking practice (in the case of any Person that is a bank) and that
the relevant Agent or Lender shall be responsible for the compliance by its Affiliates and its and
its Affiliates’ Related Parties with the foregoing provision); (b) to the extent requested by any
Governmental Authority; (c) to the extent required by applicable Laws or regulations or by any
subpoena or similar legal process; (d) to any other party to this Agreement; (e) subject to an
agreement containing provisions substantially the same as those of this Section 10.08 (or as may
otherwise be reasonably acceptable to the Borrower), to any pledgee referred to in Section
10.07(g), counterparty to a Swap Contract, Eligible Assignee of or Participant in, or any
prospective Eligible Assignee of or Participant in, any of its rights or obligations under this
Agreement; (f) with the written consent of the Borrower; (g) to the extent such Information becomes
publicly available other than as a result of a breach of this Section 10.08; (h) to any
Governmental Authority or examiner (including the National Association of Insurance Commissioners
or any other similar organization) regulating any Lender; or (i) to any rating agency when required
by it (it being understood that, prior to any such disclosure, such rating agency shall undertake
to preserve the confidentiality of any Information relating to the Loan Parties received by it from
such Lender). In addition, the Agents and the Lenders may disclose the existence of this Agreement
and information about this Agreement to market data collectors, similar service providers to the
lending industry, and service providers to the Agents and the Lenders in connection with the
administration and management of this Agreement, the other Loan Documents, the Commitments, and the
Credit Extensions. For the purposes of this Section 10.08, “Information” means all information
received from any Loan Party relating to any Loan Party or its business, other than any such
information that is publicly available to any Agent or any Lender prior to disclosure by any Loan
Party other than as a result of a breach of this Section 10.08; provided that, in the case of
information received from a Loan Party after the date hereof, such information is clearly
identified at the time of delivery as confidential or (ii) is delivered pursuant to Section 6.01,
6.02 or 6.03 hereof.

          SECTION 10.09. Setoff. In addition to any rights and remedies of the Lenders provided
by Law, upon the occurrence and during the continuance of any Event of Default, each Lender and its
Affiliates is authorized at any time and from time to time, without prior notice to the Borrower or
any other Loan Party, any such notice being waived by the Borrower (on its own behalf and on behalf
of each Loan Party and its Subsidiaries) to the fullest extent permitted by applicable Law, to set
off and apply any and all deposits (general or special, time or demand, provisional or final) at
any time held by, and other Indebtedness at any time owing by, such Lender and its Affiliates to or
for the credit or the account of the respective Loan Parties and their Subsidiaries against any and
all Obligations owing to such Lender and its Affiliates hereunder or under any other Loan Document,
now or hereafter existing, irrespective of whether or not such Agent or such Lender or Affiliate
shall have made demand under this Agreement or any other Loan Document and although such
Obligations may be contingent or unmatured or denominated in a currency different from that of the
applicable deposit or Indebtedness. Each

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Lender agrees promptly to notify in writing the Borrower and the Administrative Agent after
any such set off and application made by such Lender; provided that the failure to give such notice
shall not affect the validity of such setoff and application. The rights of the Administrative
Agent and each Lender under this Section 10.09 are in addition to other rights and remedies
(including other rights of setoff) that the Administrative Agent and such Lender may have.

          SECTION 10.10. Interest Rate Limitation. Notwithstanding anything to the contrary
contained in any Loan Document, the interest paid or agreed to be paid under the Loan Documents
shall not exceed the maximum rate of non-usurious interest permitted by applicable Law (the
“Maximum Rate”). If any Agent or any Lender shall receive interest in an amount that exceeds the
Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds
such unpaid principal, refunded to the Borrower. In determining whether the interest contracted
for, charged, or received by an Agent or a Lender exceeds the Maximum Rate, such Person may, to the
extent permitted by applicable Law, (a) characterize any payment that is not principal as an
expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects
thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount
of interest throughout the contemplated term of the Obligations hereunder.

          SECTION 10.11. Counterparts. This Agreement and each other Loan Document may be
executed in one or more counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument. Delivery by telecopier of an executed
counterpart of a signature page to this Agreement and each other Loan Document shall be effective
as delivery of an original executed counterpart of this Agreement and such other Loan Document.
The Agents may also require that any such documents and signatures delivered by telecopier be
confirmed by a manually signed original thereof; provided that the failure to request or deliver
the same shall not limit the effectiveness of any document or signature delivered by telecopier.

          SECTION 10.12. Integration. This Agreement, together with the other Loan Documents,
comprises the complete and integrated agreement of the parties on the subject matter hereof and
thereof and supersedes all prior agreements, written or oral, on such subject matter. In the event
of any conflict between the provisions of this Agreement and those of any other Loan Document, the
provisions of this Agreement shall control; provided that the inclusion of supplemental rights or
remedies in favor of the Agents or the Lenders in any other Loan Document shall not be deemed a
conflict with this Agreement. Each Loan Document was drafted with the joint participation of the
respective parties thereto and shall be construed neither against nor in favor of any party, but
rather in accordance with the fair meaning thereof.

          SECTION 10.13. Survival of Representations and Warranties. All representations and
warranties made hereunder and in any other Loan Document or other document delivered pursuant
hereto or thereto or in connection herewith or therewith shall survive the execution and delivery
hereof and thereof. Such representations and warranties have been or will be relied upon by each
Agent and each Lender, regardless of any investigation made by any Agent or any Lender or on their
behalf and notwithstanding that any Agent or any Lender may have had notice or knowledge of any
Default at the time of any Credit Extension, and shall continue in full force and effect as long as
any Loan or any other Obligation hereunder shall

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remain unpaid or unsatisfied (other than Obligations under Secured Hedge Agreements, Cash
Management Obligations or contingent indemnification obligations, in any such case, not then due
and payable) or any Letter of Credit shall remain outstanding.

          SECTION 10.14. Severability. If any provision of this Agreement or the other Loan
Documents is held to be illegal, invalid or unenforceable, the legality, validity and
enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not
be affected or impaired thereby. The invalidity of a provision in a particular jurisdiction shall
not invalidate or render unenforceable such provision in any other jurisdiction.

          SECTION 10.15. Tax Forms. (a) (i) Each Lender and Agent that is not a “United
States person” within the meaning of Section 7701(a)(30) of the Code (each, a “Foreign Lender”)
shall deliver to the Borrower and the Administrative Agent, on or prior to the date which is ten
(10) Business Days after the Closing Date (or upon accepting an assignment of an interest herein),
two duly signed, properly completed copies of either IRS Form W-8BEN or any successor thereto
(relating to such Foreign Lender and entitling it to an exemption from, or reduction of, United
States withholding tax on all payments to be made to such Foreign Lender by the Borrower or any
other Loan Party pursuant to this Agreement or any other Loan Document) or IRS Form W-8ECI or any
successor thereto (relating to all payments to be made to such Foreign Lender by the Borrower or
any other Loan Party pursuant to this Agreement or any other Loan Document) or such other evidence
reasonably satisfactory to the Borrower and the Administrative Agent that such Foreign Lender is
entitled to an exemption from, or reduction of, United States withholding tax, including any
exemption pursuant to Section 871(h) or 881(c) of the Code, and in the case of a Foreign Lender
claiming such an exemption under Section 881(c) of the Code, a certificate that establishes in
writing to the Borrower and the Administrative Agent that such Foreign Lender is not (i) a “bank”
as defined in Section 881(c)(3)(A) of the Code, (ii) a 10-percent stockholder within the meaning of
Section 871(h)(3)(B) of the Code, or (iii) a controlled foreign corporation related to the Borrower
with the meaning of Section 864(d) of the Code. Thereafter and from time to time, each such
Foreign Lender shall (A) promptly submit to the Borrower and the Administrative Agent such
additional duly completed and signed copies of one or more of such forms or certificates (or such
successor forms or certificates as shall be adopted from time to time by the relevant United States
taxing authorities) as may then be available under then current United States Laws and regulations
to avoid, or such evidence as is reasonably satisfactory to the Borrower and the Administrative
Agent of any available exemption from, or reduction of, United States withholding taxes in respect
of all payments to be made to such Foreign Lender by the Borrower or other Loan Party pursuant to
this Agreement, or any other Loan Document, in each case, (1) on or before the date that any such
form, certificate or other evidence expires or becomes obsolete, (2) after the occurrence of any
event requiring a change in the most recent form, certificate or evidence previously delivered by
it to the Borrower and the Administrative Agent and (3) from time to time thereafter if reasonably
requested by the Borrower or the Administrative Agent, and (B) promptly notify the Borrower and the
Administrative Agent of any change in circumstances which would modify or render invalid any
claimed exemption or reduction.

     (ii) Each Foreign Lender, to the extent it does not act or ceases to act for its own
account with respect to any portion of any sums paid or payable to such Foreign Lender under
any of the Loan Documents (for example, in the case of a typical participation by

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such Foreign Lender), shall deliver to the Borrower and the Administrative Agent on the
date when such Foreign Lender ceases to act for its own account with respect to any portion
of any such sums paid or payable, and at such other times as may be necessary in the
determination of the Borrower or the Administrative Agent (in either case, in the reasonable
exercise of its discretion), (A) two duly signed completed copies of the forms or statements
required to be provided by such Foreign Lender as set forth above, to establish the portion
of any such sums paid or payable with respect to which such Foreign Lender acts for its own
account that is not subject to United States withholding tax, and (B) two duly signed
completed copies of IRS Form W-8IMY (or any successor thereto), together with any
information such Foreign Lender chooses to transmit with such form, and any other
certificate or statement of exemption required under the Code, to establish that such
Foreign Lender is not acting for its own account with respect to a portion of any such sums
payable to such Foreign Lender.

     (iii) The Borrower shall not be required to pay any additional amount or any indemnity
payment under Section 3.01 to (A) any Foreign Lender to the extent Taxes are not due but for
the failure of such Foreign Lender to satisfy the foregoing provisions of this Section
10.15(a), (B) any U.S. Lender to the extent Taxes are not due but for the failure of such
U.S. Lender to satisfy the provisions of Section 10.15(b) or (C) any Lender to the extent
such amounts are United States withholding taxes imposed on amounts payable to such Lender
at the time such Lender becomes a party to this Agreement, except to the extent such
Lender’s assignor (if any) was entitled, at the time of the assignment, to receive
additional amounts from the Borrower with respect to such Taxes pursuant to Section 3.01 of
this Agreement; provided that (i) if such Lender shall have satisfied the requirement of
this or Section 10.15(b), as applicable, on the date such Lender became a Lender or ceased
to act for its own account with respect to any payment under any of the Loan Documents,
nothing in this Section 10.15(a) or Section 10.15(b) shall relieve the Borrower of its
obligation to pay any amounts pursuant to Section 3.01 in the event that, as a result of any
change in any applicable Law, treaty or governmental rule, regulation or order, or any
change in the interpretation, administration or application thereof, in each case, occurring
after the Closing Date, such Lender is no longer properly entitled to deliver forms,
certificates or other evidence at a subsequent date establishing the fact that such Lender
or other Person for the account of which such Lender receives any sums payable under any of
the Loan Documents is not subject to withholding or is subject to withholding at a reduced
rate and (ii) nothing in this Section 10.15(a) shall relieve the Borrower of its obligation
to pay any amounts pursuant to Section 3.01 in the event that the requirements of
10.15(a)(ii) have not been satisfied if the Borrower is entitled, under applicable Law, to
rely on any applicable forms and statements required to be provided under this Section 10.15
by the Foreign Lender that does not act or has ceased to act for its own account under any
of the Loan Documents, including in the case of a typical participation.

     (iv) The Administrative Agent may deduct and withhold any taxes required by any Laws
to be deducted and withheld from any payment under any of the Loan Documents.

          (b) Each Lender and Agent that is a “United States person” within the meaning of Section
7701(a)(30) of the Code (each, a “U.S. Lender”) shall deliver to the

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Administrative Agent and the Borrower two duly signed, properly completed copies of IRS
Form W-9 on or prior to the Closing Date (or on or prior to the date it becomes a party to
this Agreement), certifying that such U.S. Lender is entitled to an exemption from United
States backup withholding tax, or any successor form. If such U.S. Lender fails to deliver
such forms, then the Administrative Agent may withhold from any payment to such U.S. Lender an
amount equivalent to the applicable backup withholding tax imposed by the Code.

          SECTION 10.16. GOVERNING LAW. (a) THIS AGREEMENT AND EACH OTHER LOAN DOCUMENT SHALL
BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

          (b) ANY LEGAL ACTION OR PROCEEDING ARISING UNDER ANY LOAN DOCUMENT OR IN ANY WAY
CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR ANY OF THEM
WITH RESPECT TO ANY LOAN DOCUMENT, OR THE TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER
NOW EXISTING OR HEREAFTER ARISING, MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK
SITTING IN NEW YORK CITY OR OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF SUCH STATE, AND
BY EXECUTION AND DELIVERY OF THIS AGREEMENT, THE BORROWER, HOLDINGS, EACH AGENT AND EACH
LENDER CONSENTS, FOR ITSELF AND IN RESPECT OF ITS PROPERTY, TO THE NON-EXCLUSIVE JURISDICTION
OF THOSE COURTS. THE BORROWER, HOLDINGS, EACH AGENT AND EACH LENDER IRREVOCABLY WAIVES ANY
OBJECTION, INCLUDING 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 ACTION OR PROCEEDING IN
SUCH JURISDICTION IN RESPECT OF ANY LOAN DOCUMENT OR OTHER DOCUMENT RELATED THERETO.

     SECTION 10.17. WAIVER OF RIGHT TO TRIAL BY JURY. EACH PARTY TO THIS AGREEMENT HEREBY
EXPRESSLY WAIVES ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING
UNDER ANY LOAN DOCUMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF
THE PARTIES HERETO OR ANY OF THEM WITH RESPECT TO ANY LOAN DOCUMENT, OR THE TRANSACTIONS RELATED
THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER FOUNDED IN CONTRACT OR
TORT OR OTHERWISE; AND EACH PARTY HEREBY AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR
CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY, AND THAT ANY PARTY TO THIS
AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 10.17 WITH ANY COURT AS
WRITTEN EVIDENCE OF THE CONSENT OF THE SIGNATORIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY
JURY.

          SECTION 10.18. Binding Effect. This Agreement shall become effective when it shall
have been executed by the Borrower and Holdings and the Administrative Agent shall

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have been notified by each Lender, Swing Line Lender and L/C Issuer that each such Lender,
Swing Line Lender and L/C Issuer has executed it and thereafter shall be binding upon and inure to
the benefit of the Borrower, each Agent and each Lender and their respective successors and
assigns, except that the Borrower shall not have the right to assign its rights hereunder or any
interest herein without the prior written consent of the Lenders, except as permitted by Section
7.04.

          SECTION 10.19. Lender Action. Each Lender agrees that it shall not take or institute
any actions or proceedings, judicial or otherwise, for any right or remedy against any Loan Party
or any other obligor under any of the Loan Documents or the Secured Hedge Agreements (including the
exercise of any right of setoff, rights on account of any banker’s lien or similar claim or other
rights of self-help), or institute any actions or proceedings, or otherwise commence any remedial
procedures, with respect to any Collateral or any other property of any such Loan Party, without
the prior written consent of the Administrative Agent. The provision of this Section 10.19 are for
the sole benefit of the Lenders and shall not afford any right to, or constitute a defense
available to, any Loan Party.

          SECTION 10.20. USA PATRIOT Act. Each Lender 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 “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 to identify the Borrower in accordance with the Act.

          SECTION 10.21. Effectiveness of the Merger and the Secondary Merger. Neither the
Target nor Opco shall have any rights or obligations hereunder until the consummation of the
Merger, in the case of the Target and the Secondary Merger, in the case of Opco, and, in each case,
any representations and warranties of the Target or Opco, as the case may be, hereunder shall not
become effective until such time. Upon consummation of (i) the Merger, the Target shall succeed to
all the rights and obligations of Merger Sub under this Agreement and all representations and
warranties of the Target shall become effective as of the date hereof, without any further action
by any Person and (ii) the Secondary Merger, Opco shall succeed to all the rights and obligations
of the Target under this Agreement and all representations and warranties of Opco shall become
effective as of the date hereof, without any further action by any Person.

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.]

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

	 	 	 	 	 
	 	LONE STAR MERGER CORP., as the Borrower

 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	 	 
	 

 

 

	 	 	 	 	 
	 	LONE STAR HOLDING CORP., as a Guarantor

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	DEUTSCHE BANK TRUST COMPANY
AMERICAS, as Administrative Agent, L/C Issuer
and Swing Line Lender

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	JPMORGAN CHASE BANK, N.A., as

Syndication Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	LEHMAN COMMERCIAL PAPER INC, as a Co-
Documentation Agent

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	DEUTSCHE BANK SECURITIES INC., as an 
Arranger

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	J.P. MORGAN SECURITIES INC., as an Arranger

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:

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