Document:

Underwriting Agreement

 EXHIBIT 10.1 
  
 COMSYS IT PARTNERS, INC. 
  
 3,000,000 Shares of Common Stock 
  
 UNDERWRITING AGREEMENT 
  
 December 21, 2005 
  
 ROBERT W. BAIRD & CO. INCORPORATED 
 As
Representative of the Several Underwriters 
 Identified in Schedule I Annexed Hereto 
 c/o Robert W. Baird & Co. Incorporated 
 777 East Wisconsin Avenue

 Milwaukee, Wisconsin 53202 
  
 Ladies and Gentlemen: 
  
 SECTION 1. Introductory. COMSYS IT Partners, Inc., a Delaware corporation (the “Company”), proposes to sell 3,000,000 shares (the
“Shares”) of common stock, $0.01 par value per share (the “Common Stock”), to the several underwriters identified in Schedule I annexed hereto (the “Underwriters”), who are acting severally and not jointly, and for whom
you are acting as representative (the “Representative”). To the extent that there are no additional Underwriters listed in Schedule I other than you, the term Representative as used herein shall mean you, as Underwriter, and the term
Underwriters shall mean either the singular or the plural as the context requires. 
  
 As Representative of the Underwriters, you have advised the Company that the Underwriters propose to make a public offering of their respective portions of the Shares on the terms set forth herein and that the public offering price of the
Shares initially will be $11.00 per share. 
  
 Any reference herein to the
Registration Statement, the Basic Prospectus, any Preliminary Final Prospectus or the Final Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed
under the Securities Exchange Act of 1934, and the rules and regulations thereunder (collectively, the “Exchange Act”), on or before the Effective Date of the Registration Statement or the issue date of the Basic Prospectus, any
Preliminary Final Prospectus or the Final Prospectus, as the case may be; and any reference herein to the terms “amend,” “amendment” or “supplement” with respect to the Registration Statement, the Basic Prospectus, any
Preliminary Final Prospectus or the Final Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date of the Registration Statement or the issue date of the Basic Prospectus, any
Preliminary Final Prospectus or the Final Prospectus, as the case may be. Certain terms used herein are defined in Section 19 hereof. 
  
 The Company hereby confirms its agreements with the Underwriters as follows: 
  
 SECTION 2. Representations and Warranties of the Company. The Company jointly
and severally represents and warrants to, and agrees with, the several Underwriters, and shall be deemed 

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 to represent and warrant to the
several Underwriters on the Closing Date (as hereinafter defined), that: 
  

	(a)	The Company has filed, under the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (collectively, the “Act”), with the Securities
and Exchange Commission (the “Commission”) a registration statement on Form S-3 (File No. 333-123818), including a Basic Prospectus relating to the Shares. Such Registration Statement has become effective. The Company may have filed
with the Commission, as part of an amendment to the Registration Statement or pursuant to Rule 424(b), one or more Preliminary Final Prospectuses, each of which has previously been furnished to you. The Company will file with the Commission a Final
Prospectus relating to the Shares pursuant to Rule 424(b). As filed, such Final Prospectus shall contain, in all material respects, all information required by the Act, and, except to the extent the Representative shall agree in writing to a
modification, shall be in all substantive respects in the form furnished to you prior to the Execution Time, or, to the extent not completed at the Execution Time, shall contain only such specific additional information and other changes (beyond
that contained in the Basic Prospectus and any Preliminary Final Prospectus) as the Company has advised you, prior to the Execution Time, will be included or made therein. The Registration Statement, at the Execution Time, meets the requirements set
forth in Rule 415(a)(1)(x). 

  

	(b)	Each of the Company and the subsidiaries of the Company that are listed on Exhibit 21.1 of the Company’s most recent Annual Report on Form 10-K incorporated by reference into
the Registration Statement (as hereinafter defined) (individually, a “Subsidiary” and collectively, the “Subsidiaries”) has been duly organized and is validly existing as a corporation or other business entity and in good
standing under the laws of its jurisdiction of organization, with all requisite entity power and authority to own, lease and operate its properties and to conduct its business as presently conducted and described in the Disclosure Package, the Final
Prospectus and the Registration Statement; each of the Company and the Subsidiaries is duly registered and qualified to do business as a foreign corporation under the laws of, and is in good standing as such in, each jurisdiction in which such
registration or qualification is required, except where the failure to so register or qualify would not have a Material Adverse Effect (as defined below); no proceeding has been instituted in any such jurisdiction revoking, limiting or curtailing,
or seeking to revoke, limit or curtail, such power and authority or qualification. Complete and correct copies of the certificate of incorporation and by-laws, as amended or restated (“Articles of Incorporation” and “By-laws,”
respectively), of the Company and the organizational documents of each Subsidiary as in effect on the date hereof have been made available to the Representative, and no changes thereto will be made on or subsequent to the date hereof and prior to
the Closing Date. “Material Adverse Effect” means a material adverse change in or effect on or any development having a prospective material adverse effect, individually or in the aggregate, on (i) the business, operations,
properties, assets, liabilities, stockholders’ equity, earnings, condition (financial or otherwise) or results of operations of the 

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 Company and its
subsidiaries, considered as one enterprise, whether or not in the ordinary course of business, or (ii) prevent or materially interfere with consummation of the transactions contemplated hereby or (iii) result in the delisting of shares of
Common Stock from The Nasdaq National Market (“Nasdaq”). 
  

	(c)	The shares of Common Stock issued and outstanding immediately prior to the issuance and sale of the Shares to be sold by the Company hereunder as set forth in the Disclosure Package
and the Final Prospectus have been duly authorized and validly issued, are fully paid and nonassessable and conform, in all material respects, to the description thereof contained in the Disclosure Package, the Final Prospectus and the Registration
Statement. There are no preemptive, preferential or, except as described in the Disclosure Package and the Final Prospectus, other rights to subscribe for or purchase any shares of Common Stock (including the Shares), and no shares of Common Stock
have been issued in violation of such rights. The Shares to be issued and sold by the Company to the Underwriters have been duly authorized and, when issued, delivered and paid for pursuant to this Agreement, will be validly issued, fully paid and
nonassessable and will conform, in all material respects, to the description thereof contained in the Disclosure Package, the Final Prospectus and the Registration Statement. The delivery of the Shares to be issued and sold by the Company hereunder
and payment therefor pursuant to the terms of this Agreement will pass valid title to such Shares to the Underwriters, free and clear of any lien, claim, encumbrance or defect in title. Except as described in the Disclosure Package and the Final
Prospectus, there are no outstanding options, warrants or other rights of any description, contractual or otherwise, entitling any person to be issued any class of security by the Company or any Subsidiary, and there are no holders of Common Stock
or other securities of the Company or any Subsidiary, or of securities that are convertible or exchangeable into Common Stock or other securities of the Company or any Subsidiary, that have rights to the registration of such Common Stock or
securities under the Act or the securities laws or regulations of any of the states (the “Blue Sky Laws”). 

  

	(d)	Except for the Subsidiaries, and as otherwise set forth in the Disclosure Package and the Final Prospectus, the Company has no significant subsidiaries and does not own any equity
interest in or control, directly or indirectly, any other significant corporation, limited liability company, partnership, joint venture, association, trust or other business organization. The Company owns directly or indirectly all of the issued
and outstanding capital stock of each Subsidiary, free and clear of any and all liens, claims, encumbrances or security interests, except such liens, claims, encumbrances or security interest (i) imposed in connection with the Credit Agreement
or the Term Loan Agreement described in the Disclosure Package and the Final Prospectus and (ii) as would not individually or in the aggregate have a Material Adverse Effect. The Company’s authorized capitalization is as set forth under
the heading “Capitalization” in the Basic Prospectus as of the date indicated, and since such date there has been no material change to the Company’s capitalization except as disclosed in the Final Prospectus.

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	(e)	The Company has all requisite corporate power and authority to enter into and perform this Agreement, and the execution and delivery by the Company of this Agreement and the
performance by the Company of its obligations hereunder and the consummation of the transactions described herein, have been duly authorized with respect to the Company by all necessary corporate action and will not: (i) violate any provisions
of the Articles of Incorporation or By-laws of the Company or the organizational documents of any Subsidiary; (ii) violate any provisions of, or result in the breach, modification or termination of, or constitute a default under, any provision
of any agreement, lease, franchise, license, indenture, permit, mortgage, deed of trust, evidence of indebtedness or other instrument to which the Company or any Subsidiary is a party or by which the Company or any Subsidiary, or any property owned
or leased by the Company or any Subsidiary, may be bound or affected; (iii) violate any statute, ordinance, rule or regulation or any rule or regulation of any self-regulatory organization or other non-governmental regulatory authority
(including, but not limited to Nasdaq) applicable to the Company or any Subsidiary, or order or decree of any court, regulatory or governmental body, arbitrator, administrative agency or instrumentality of the United States or other country or
jurisdiction having jurisdiction over the Company or any Subsidiary; or (iv) result in the creation or imposition of any lien, charge or encumbrance upon any property or assets of the Company or any Subsidiary; except in the cases of clauses
(ii), (iii) and (iv) above, such violations, breaches, defaults, liens, charges or encumbrances as would not individually or in the aggregate have a Material Adverse Effect. No consent, approval, authorization or other order of any court,
regulatory or governmental body, arbitrator, administrative agency or instrumentality of the United States or other country or jurisdiction is required for the execution and delivery of this Agreement by the Company, the performance of its
obligations hereunder or the consummation of the transactions contemplated hereby, except for compliance with the Act, the Exchange Act, the Blue Sky Laws applicable to the public offering of the Shares by the several Underwriters and the clearance
of such offering and the underwriting arrangements evidenced hereby with the National Association of Securities Dealers, Inc. (the “NASD”). This Agreement has been duly executed and delivered by and on behalf of the Company and is a valid
and binding agreement of the Company enforceable against the Company in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other similar laws
relating to or affecting creditor’s rights generally, by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law) and, as to rights of indemnification and contribution, by
principles of public policy (the “Enforceability Exception”). 

  

	(f)	Neither the Commission nor any state securities commission has issued any order preventing or suspending the use of any Preliminary Final Prospectus, the Final Prospectus or the
Registration Statement nor, to the knowledge of the Company, have any proceedings for that purpose been initiated or threatened. On the Effective Date, the Registration Statement did, and when the Final Prospectus is first filed (if required) in
accordance with Rule 424(b) and on the Closing Date (as defined herein), the Final Prospectus (and any supplement 

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 thereto) will,
comply in all material respects with the applicable requirements of the Act and the Exchange Act; on the Effective Date and at the Execution Time, the Registration Statement did not contain any untrue statement of a material fact or omit to state
any material fact required to be stated therein or necessary in order to make the statements therein not misleading; and on the date of any filing pursuant to Rule 424(b) and on the Closing Date, the Final Prospectus (together with any supplement
thereto) will not include any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, however,
that the Company makes no representations or warranties as to the information contained in or omitted from the Registration Statement or the Final Prospectus (or any supplement thereto) in reliance upon and in conformity with information furnished
in writing to the Company by or on behalf of any Underwriter through the Representative specifically for inclusion in the Registration Statement or the Final Prospectus (or any supplement thereto), it being understood and agreed that the only such
information furnished by or on behalf of any Underwriters consists of the information described as such in Section 4 hereof. If a 462(b) Registration Statement is required by the Act to be filed in connection with the offer and sale of the
Shares, such 462(b) Registration Statement will become effective upon filing pursuant to Rule 462(b) under the Act, and upon such filing the offer and sale of the Shares will have been duly registered under the Act pursuant to the Registration
Statement. 
  

	(g)	The documents that are incorporated by reference in the Disclosure Package, the Final Prospectus or the Registration Statement or from which information is so incorporated by
reference, when they became effective or were filed with the Commission, as the case may be, complied, in all material respects, with the requirements of the Act or the Exchange Act, as applicable, and any document so filed and incorporated by
reference subsequent to the effective date of the Registration Statement shall, when it is filed with the Commission, comply, in all material respects, with the requirements of the Act and the Exchange Act, as applicable, and when read together with
the other information included in such Disclosure Package, Final Prospectus or the Registration Statement, as the case may be, do not, or will not, contain an untrue statement of a material fact or omit to state a material fact required to be stated
therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading. 

  

	(h)	The Disclosure Package does not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of
the circumstances under which they were made, not misleading. The preceding sentence does not apply to statements in or omissions from the Disclosure Package based upon and in conformity with written information furnished to the Company by any
Underwriter through the Representative specifically for use therein, it being understood and agreed that the only such information furnished by or on behalf of any Underwriter consists only of the information described as such in Section 4
hereof. 

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	(i)	The financial statements, together with the related schedules and notes, included in the Registration Statement and the Disclosure Package and the Final Prospectus present fairly,
in all material respects, the consolidated financial position of the Company and the Subsidiaries as of the dates indicated and the consolidated results of operations and cash flows of the Company and the Subsidiaries for the periods specified, have
been prepared in compliance with the requirements of the Act and are in conformity with generally accepted accounting principles applied on a consistent basis during the periods involved. The financial statements of Venturi Partners, Inc., together
with the related schedules and notes, included in the Registration Statement, Disclosure Package and the Final Prospectus present fairly, in all material respects, the consolidated financial position of the Venturi Partners, Inc. and its
subsidiaries as of the dates indicated and the consolidated results of operations and cash flows of Venturi Partners, Inc. and its subsidiaries for the periods specified, have been prepared, in all material respects, in compliance with the
requirements of the Act and are in conformity with generally accepted accounting principles applied on a consistent basis during the periods involved. Any pro forma financial statements or data included in the Registration Statement, Disclosure
Package or the Final Prospectus comply as to form in all material respects with the applicable accounting requirements of Regulation S-X of the Act, and the assumptions used in preparing the pro forma financial statements included in the
Registration Statement, Disclosure Package and the Final Prospectus, if any, provide a reasonable basis for presenting the significant effects directly attributable to the transactions or events described therein, the related pro forma adjustments
give appropriate effect to those assumptions, and the pro forma columns therein reflect the proper application of those adjustments to the corresponding historical financial statement amounts. The other financial and statistical data set forth in
the Registration Statement, Disclosure Package or the Final Prospectus are accurately presented and prepared on a basis consistent with such financial statements and with the books and records of the Company. There are no financial statements
(historical or pro forma) that are required to be included in the Registration Statement, Disclosure Package or the Final Prospectus that are not included as required. Ernst & Young LLP, whose report on the consolidated financial statements
of the Company is filed with the Commission as part of the Registration Statement, Disclosure Package and the Final Prospectus, are independent registered public accountants as required by the Act and by Rule 3600T of the Public Company Accounting
Oversight Board. PricewaterhousCoopers LLP, whose report on the consolidated financial statements of Venturi Partners, Inc. is filed with the Commission as part of the Registration Statement, Disclosure Package and the Final Prospectus, are
independent registered public accountants as required by the Act and by Rule 3600T of the Public Company Accounting Oversight Board. Except as disclosed in the Registration Statement, the Disclosure Package and the Final Prospectus, none of the
Company nor any of the Subsidiaries has any material liabilities or obligations, direct or contingent (including any off-balance sheet obligations), and none of them is, together with its “related parties,” the “primary
beneficiary” of any “variable interest entities” (as such terms are used in Financial Accounting Standards Board Interpretation No. 46). All disclosures contained in the Registration Statement, the 

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 Disclosure
Package or the Final Prospectus, that meet the definition of “non-GAAP financial measures” set forth in the rules and regulations of the Commission comply with Regulation G of the Exchange Act and Item 10 of Regulation S-K under the
Act. 
  

	(j)	Neither the Company nor any Subsidiary is, nor with the giving of notice or passage of time or both, would be, in violation or in breach of: (i) its respective Articles of
Incorporation, By-laws or organizational documents; (ii) any statute, ordinance, order, rule or regulation applicable to the Company or such Subsidiary; (iii) any order or decree of any court, regulatory body, arbitrator, administrative
agency or other instrumentality of the United States or other country or jurisdiction having jurisdiction over the Company or such Subsidiary; or (iv) any provision of any agreement, lease, franchise, license, indenture, permit, mortgage, deed
of trust, evidence of indebtedness or other instrument to which the Company or such Subsidiary is a party or by which any property owned or leased by the Company or such Subsidiary is bound or affected, except in the case of clauses (ii),
(iii) or (iv) above, such violations or breaches as would not individually or in the aggregate have a Material Adverse Effect. Neither the Company nor any Subsidiary has received notice of any violation of any applicable statute,
ordinance, order, rule or regulation applicable to the Company or any Subsidiary. The Company and each Subsidiary: (x) have obtained and hold, and are in compliance with, all permits, certificates, licenses, approvals, registrations,
franchises, consents and authorizations of governmental or regulatory authorities required under all laws, rules and regulations in connection with their businesses (hereinafter “permit” or “permits”), and all of such permits are
in full force and effect; and (y) the Company and each Subsidiary have fulfilled and performed all of their respective obligations with respect to each such permit and no event has occurred which would result in, or after notice or lapse of
time would result in, revocation or termination of any such permit or result in any other impairment of the rights of the holder of such permit, except in the case of clauses (x) or (y) above, where the failure to do so would not
individually or in the aggregate have a Material Adverse Effect. Neither the Company nor any Subsidiary is (by virtue of any action, omission to act, contract to which it is a party or other occurrence) in violation of any applicable foreign,
federal, state, municipal or local statutes, laws, ordinances, rules, regulations or orders (including those relating to environmental protection, occupational safety and health and equal employment practices) heretofore or currently in effect,
except such violation as would not individually or in the aggregate have a Material Adverse Effect. 

  

	(k)	There are no legal or governmental proceedings or investigations pending or, to the knowledge of the Company, threatened to which the Company or any Subsidiary is or may be a party
or to which any property owned or leased by the Company or any Subsidiary is or may be subject, including, without limitation, any such proceedings that are related to environmental or employment discrimination matters, which are required to be
described in the Registration Statement which are not so described in the Registration Statement, the Disclosure Package and the Final Prospectus, or which question the validity of this Agreement or any action taken or to be taken pursuant hereto.

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	(l)	There is no transaction, relationship, obligation, agreement or other document required to be described in the Registration Statement or filed or deemed to be filed as an exhibit to
the Registration Statement, which has not been described in the Registration Statement, the Disclosure Package and the Final Prospectus or filed as an exhibit to the Registration Statement as required. All such contracts or agreements to which the
Company or any Subsidiary is a party have been duly authorized, executed and delivered by the Company or such Subsidiary, constitute valid and binding agreements of the Company or such Subsidiary, and are enforceable by and against the Company or
such Subsidiary, in accordance with the respective terms thereof, subject to the Enforceability Exception. 

  

	(m)	The Company or a Subsidiary has good and valid title to all property and assets reflected as owned by the Company or such Subsidiary in the Company’s consolidated financial
statements included or incorporated by reference in the Registration Statement (or elsewhere in the Registration Statement, the Disclosure Package and the Final Prospectus), free and clear of all liens, claims, mortgages, security interests or other
encumbrance of any kind or nature whatsoever except those, if any, reflected in such financial statements (or elsewhere in the Registration Statement, the Disclosure Package or the Final Prospectus), except such liens, claims, mortgages, security
interests or other encumbrances as would not individually or in the aggregate have a Material Adverse Effect. All property (real and personal) held or used by the Company or a Subsidiary under leases, licenses, franchises or other agreements is held
by the Company or such Subsidiary under valid, subsisting, binding and enforceable leases, franchises, licenses or other agreements, subject to the Enforceability Exception and except as would not individually or in the aggregate have a Material
Adverse Effect. 

  

	(n)	Neither the Company nor any person that controls, is controlled by (including the Subsidiaries) or is under common control with the Company has taken or will take, directly or
indirectly, any action designed to cause or result in, or which constituted, or which would reasonably be expected to cause or result in, stabilization or manipulation, under the Exchange Act or otherwise, of the price of any security of the Company
to facilitate the sale or resale of the Common Stock. 

  

	(o)	Except as described in the Registration Statement, the Disclosure Package and the Final Prospectus, since the respective dates as of which information is given in the Registration
Statement, the Disclosure Package or the Final Prospectus and prior to the Closing Date: (i) neither the Company nor any Subsidiary has or will have incurred any material liability or obligation, direct or contingent, or entered into any
transaction that is material to the Company, except in the ordinary course of business; (ii) the Company has not and will not have paid or declared any dividend or other distribution with respect to its capital stock and neither the Company nor
any Subsidiary is or will be delinquent in the payment of principal or interest on any outstanding debt obligation; and (iii) there has not been and will not have been any change in the capital stock (other than issuances pursuant to any
employee benefit or other incentive plan or pursuant to the exercise of stock options or warrants outstanding 

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 on the date of
this Agreement), any material change in the indebtedness of the Company or any Subsidiary, or any change or development resulting, in or which would reasonably be expected to result in, a Material Adverse Effect, whether or not arising from
transactions in the ordinary course of business. 
  

	(p)	The Company or a Subsidiary owns or otherwise possesses adequate rights to use all material patents, patent applications, trademarks, service marks, trade names, trademark
registrations, service mark registrations, copyrights, inventions and licenses presently used in or necessary for the conduct of its business or ownership of its properties, and neither the Company nor any Subsidiary has violated or infringed upon
the rights of others, or received any notice of conflict with the asserted rights of others, in respect thereof that, if determined adversely to the Company or its Subsidiary, would individually or in the aggregate have a Material Adverse Effect.

  

	(q)	The Company and the Subsidiaries are insured by insurers having an A.M. Best Financial Strength Rating of at least B+ against such losses and in such amounts and with such
deductions as are prudent for the business in which they are engaged, and all such insurance is in full force and effect, except where the failure to be in full force and effect would not individually or in the aggregate result in a Material Adverse
Effect. 

  

	(r)	Except as disclosed in the Registration Statement, the Disclosure Package or the Final Prospectus, no labor dispute with the employees of the Company or any Subsidiary exists, or
is, to the knowledge of the Company, imminent or threatened, and the senior officers of the Company and the Subsidiaries are not aware of any existing, imminent or threatened labor disturbance by the employees of any of their respective customers or
contractors, which, in either case, would individually or in the aggregate result in a Material Adverse Effect. There has been no change in the relationship of the Company or any Subsidiary with any of its principal suppliers, manufacturers,
contractors or customers resulting in, or that would reasonably be expected to result, in a Material Adverse Effect. 

  

	(s)	(1) The Company and each Subsidiary is and has been in compliance with all applicable laws, statutes, ordinances, rules, regulations, orders, judgments, decisions, decrees,
standards, and requirements relating to: human health and safety; pollution; management, disposal or release of any chemical substance, product or waste; and protection, cleanup, remediation or corrective action relating to the environment or
natural resources (“Environmental Law”); 

  
 (2) The Company and each Subsidiary has obtained and is in compliance with the conditions of all permits, authorizations, licenses, approvals and variances necessary under any Environmental Law for the continued conduct in the manner now
conducted of their respective businesses (“Environmental Permits”); and 

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 (3) To the
knowledge of the Company, there are no past or present conditions or circumstances, including but not limited to pending changes in any Environmental Law or Environmental Permits, that are likely to interfere with the conduct of the business of the
Company and the Subsidiaries in the manner now conducted or which would interfere with compliance with any Environmental Law or Environmental Permits, or which may give rise to: (a) liabilities or obligations for any cleanup, remediation or
corrective action under any Environmental Law; (b) claims arising under any Environmental Law for personal injury, property damage, or damage to natural resources; (c) liabilities or obligations incurred by the Company or the Subsidiaries
to comply with any Environmental Law; or (d) fines or penalties arising under any Environmental Law; 
  
 except in each case under clauses (1), (2) and (3) for any noncompliance or conditions or circumstances that, singly or in the aggregate, would
not individually or in the aggregate result in a Material Adverse Effect. 
  

	(t)	No “prohibited transaction” (as defined in Section 406 of the Employee Retirement Income Security Act of 1974, as amended, including the regulations and published
interpretations thereunder (“ERISA”), or Section 4975 of the Internal Revenue Code of 1986, as amended from time to time (the “Code”)) or “accumulated funding deficiency” (as defined in Section 302 of ERISA)
or any of the events set forth in Section 4043(c) of ERISA (other than events with respect to which the 30-day notice requirement under Section 4043 of ERISA has been waived) has occurred in the past six years, exists or is reasonably
expected to occur with respect to any employee benefit plan (as defined in Section 3(3) of ERISA) which the Company or any Subsidiary maintains, contributes to or has any obligation to contribute to, or with respect to which the Company or any
Subsidiary has any material liability, direct or indirect, contingent or otherwise (a “Plan”); each Plan is in compliance in all material respects with applicable law, including ERISA and the Code; none of the Company or any Subsidiaries
has incurred or expects to incur liability under Title IV of ERISA with respect to the termination of, or withdrawal from, any Plan; and each Plan that is intended to be qualified under Section 401(a) of the Code is so qualified in all material
respects and, to the knowledge of the Company and the Subsidiaries, nothing has occurred, whether by action or failure to act, which would reasonably be expected to cause the loss of such qualification. 

  

	(u)	Neither the Company nor any Subsidiary is, or after giving effect to the offering and sale of the Shares and the application of the proceeds thereof as disclosed in the Disclosure
Package and the Final Prospectus will be, an “investment company” within the meaning of the Investment Company Act of 1940, as amended (the “Investment Company Act”). 

  

	(v)	All United States federal income tax returns of the Company and its subsidiaries required by law to be filed have been filed and all taxes shown by such returns or otherwise
assessed, which are due and payable, have been paid, except assessments against which appeals have been or will be promptly taken and as to which adequate reserves have been provided. The 

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 United States
federal income tax returns of the Company through the fiscal year ended December 31, 2003 have been filed and no assessment in connection therewith has been made against the Company and the United States federal income tax returns of the
Company through the fiscal year ended December 31, 2001, are not subject to audit or adjustment. The Company and its subsidiaries have filed all other tax returns that are required to have been filed by them pursuant to applicable foreign,
state, local or other law, and, except as disclosed in the Disclosure Package and the Final Prospectus, has paid all taxes due pursuant to such returns or pursuant to any assessment received by the Company and its subsidiaries, except for such
taxes, if any, as are being contested in good faith and as to which adequate reserves in accordance with GAAP have been provided and except insofar as the failure to file such returns or pay such taxes or assessments would not, individually or in
the aggregate result in a Material Adverse Effect. The charges, accruals and reserves on the books of the Company in respect of any income and corporation tax liability for any years not finally determined are adequate to meet any assessments or
re-assessments for additional income tax for any years not finally determined, except to the extent of any inadequacy that would not result individually or in the aggregate in a Material Adverse Effect. 
  

	(w)	The Company and each Subsidiary maintain a system of internal accounting controls sufficient to provide reasonable assurances that: (i) transactions are executed in accordance
with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of consolidated financial statements in conformity with generally accepted accounting principles and to maintain
accountability for assets; (iii) access to assets is permitted only in accordance with management’s general or specific authorizations; and (iv) the recorded accountability for assets is compared with existing assets at reasonable
intervals and appropriate action is taken with respect to any differences. The Company and its consolidated subsidiaries employ disclosure controls and procedures that are designed to provide reasonable assurance that information required to be
disclosed by the Company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms, and is accumulated and communicated
to the Company’s management, including its principal executive officer or officers and principal financial officer or officers, as appropriate, to allow timely decisions regarding disclosure. The certificates required by Rule 13a-14(a) or
15d-14(a) under the Exchange Act which were included in the Company’s reports filed with the Commission pursuant to Section 13 or 15(d) of the Exchange Act were accurate as of the dates of such certificates and as of the dates such reports
were filed with the Commission. 

  

	(x)	On or after July 30, 2002, the Company has not, directly or indirectly, including through any Subsidiary: (i) extended credit, arranged to extend credit, or renewed any
extension of credit, in the form of a personal loan, to or for any director or executive officer of the Company, or to or for any family member or affiliate of any director or executive officer of the Company; or (ii) made any material
modification, including any renewal thereof, to any term of any personal loan to any director or executive officer of the Company, or any family member or affiliate of any director or executive officer, which loan was outstanding on July 30,
2002. 

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	(y)	None of the Company, any Subsidiary or any executive officer of the Company or any Subsidiary is: (i) an officer, director or partner of any brokerage firm, broker or dealer
that is a member of the NASD (“NASD Member”); or (ii) directly or indirectly, a “person associated with” an NASD member or an “affiliate” of an NASD member, as such terms are used in the NASD Conduct Rules. In
addition, neither the Company nor any Subsidiary has issued or transferred any Common Stock, warrants, options or other securities, or any other items of value, to any of the Underwriters or any “related person” of any Underwriter, as such
term is used in the NASD Conduct Rules, except as provided in this Agreement. 

  

	(z)	There is and has been no failure in any material respect on the part of the Company or, to the knowledge of the Company, any of the Company’s directors or officers, in their
capacities as such, to comply with any provision of the Sarbanes Oxley Act of 2002 and the rules and regulations promulgated in connection therewith (the “Sarbanes Oxley Act”), including Section 402 related to loans and Sections 302
and 906 related to certifications. 

  

	(aa)	Since the date of the most recent balance sheet of the Company and its consolidated subsidiaries reviewed or audited by Ernst & Young, the Company has not been advised of:
of (A) any significant deficiencies in the design or operation of internal controls that would adversely affect the ability of the Company and each of its subsidiaries to record, process, summarize and report financial data, or any material
weaknesses in internal controls and (B) any fraud, whether or not material, that involves management or other employees who have a significant role in the internal controls of the Company and each of its subsidiaries, and (ii) since that
date, there have been no significant changes in internal controls or in other factors that would significantly affect internal controls, including any corrective actions with regard to significant deficiencies and material weaknesses.

  

	(bb)	The Common Stock has been registered pursuant to Section 12(g) of the Exchange Act. Such registration statement has been declared effective by the Commission under the Exchange
Act. The Common Stock has been approved for designation upon notice of issuance as a Nasdaq National Market security on Nasdaq. 

  

	(cc)	Neither the Company nor any of the Subsidiaries nor, to the Company’s knowledge, any employee or agent of the Company or any Subsidiary has made any payment of funds of the
Company or any Subsidiary or received or retained any funds in violation of any law, rule or regulation, which payment, receipt or retention of funds is of a character required to be disclosed in the Registration Statement, the Disclosure Package or
the Final Prospectus. 

  

	(dd)	Neither the Company nor any of the Subsidiaries has sent or received any notice of termination of, or intent not to renew, any of the contracts or agreements referred to or

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 described in the
Registration Statement, the Disclosure Package and the Final Prospectus or filed as an exhibit to the Registration Statement, the termination or non-renewal of which would reasonably be expected to result in a Material Adverse Effect, and no such
termination has been threatened by the Company or any of the Subsidiaries or any other party to any such contract or agreement. 
  

	(ee)	All statistical and market-related data included in the Registration Statement, the Disclosure Package and the Final Prospectus are based on or derived from sources that the Company
believes to be reliable and accurate. 

  

	(ff)	The Company is in compliance, in all material respects, with the rules of Nasdaq including, without limitation, the requirements for continued listing of the Common Stock on Nasdaq,
and there are no actions, suits or proceedings pending, or, to the Company’s knowledge, threatened or contemplated, and the Company has not received any notice from Nasdaq, regarding the revocation of such listing or otherwise regarding the
delisting of shares of Common Stock from Nasdaq. 

  

	(gg)	(i) At the earliest time after the filing of the Registration Statement that the Company or another offering participant made a bona fide offer (within the meaning of Rule
164(h)(2)) of the Securities and (ii) as of the Execution Time (with such date being used as the determination date for purposes of this clause (ii)), the Company is and was a Seasoned Issuer (as defined in Rule 405) and was not and is not an
Ineligible Issuer (as defined in Rule 405), without taking account of any determination by the Commission pursuant to Rule 405 that it is not necessary that the Company be considered an Ineligible Issuer. 

  

	(hh)	The Company has not used any Free Writing Prospectus or any Issuer Free Writing Prospectus in connection herewith 

  
 A certificate signed by any officer of the Company and delivered to the Representative or to
counsel for the Underwriters shall be deemed a representation and warranty by the Company to the Underwriters as to the matters covered thereby. 
  
 SECTION 3. No Fiduciary Duty. The Company acknowledges and agrees that: 
  

	(a)	the Underwriters are not acting as financial advisors to the Company and, except as specifically contemplated by this Agreement, the Underwriters owe no duties (fiduciary or other)
to the Company in connection with any aspect of the offering of the Shares (including, without limitation, the structuring, marketing, timing, pricing, offering, allocation and distribution of the Shares) or any related matters; and

  

	(b)	the Underwriters may have agreements, arrangements, understandings and other relationships with and owe duties and obligations to third parties, including potential purchasers of
the securities, that may create or exacerbate actual, potential or apparent conflicts of interests between the Company and the Underwriters. 

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 SECTION 4. Information
Furnished by the Underwriters. The statements set forth in the ninth paragraphs under the caption “Underwriting” in the Final Prospectus, only insofar as such statements relate to stabilization activities that may be undertaken by
the Underwriters, constitute the only information furnished by or on behalf of the Underwriters as such information is referred to in this Agreement. 
  
 SECTION 5. Purchase, Sale and Delivery of Shares. 
  

	(a)	On the basis of the representations, warranties and agreements herein contained, and subject to the terms and conditions herein set forth, the Company agrees to sell to the
Underwriters identified in Schedule I annexed hereto the Shares, and each of the Underwriters agrees, severally and not jointly, to purchase from the Company the number of Shares set forth opposite such Underwriter’s name in Schedule I as
hereinafter set forth at the price per share of $10.34. 

  

	(b)	On the Closing Date (as hereinafter defined), the Company will deliver through the facilities of DTC, for the accounts of the several Underwriters, the Shares to be sold by the
Company against payment of the purchase price therefor in immediately available funds to an account at a bank identified by the Company to Baird with respect to the Shares being sold by the Company. As referred to in this Agreement, the
“Closing Date” shall be December 28, 2005, at 9:00 a.m., Milwaukee, Wisconsin time, or at such other date or time not later than ten full business days after the date of the Final Prospectus as the Representative and the Company may
agree. 

  

	(c)	The Representative has advised the Company that each Underwriter has authorized the Representative to accept delivery of the Shares and to make payment therefor. It is understood
that the Representative, individually and not as representative of the Underwriters, may (but shall not be obligated to) make payment for any Shares to be purchased by any Underwriter whose funds shall not have been received by the Representative by
the Closing Date for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any obligation under this Agreement. 

  
 SECTION 6. Covenants of the Company. In further consideration of the agreements of the Underwriters herein contained, the
Company covenants and agrees with the several Underwriters that: 
  

	(a)	Prior to the termination of the offering of the Shares, the Company will not file any amendment of the Registration Statement or supplement (including the Final Prospectus or any
Preliminary Final Prospectus) to the Basic Prospectus or any Rule 462(b) Registration 

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 Statement unless
the Company has furnished to you a copy for your review prior to filing and will not file any such proposed amendment or supplement to which you reasonably object. The Company will cause the Final Prospectus, properly completed, and any supplement
thereto to be filed in a form approved by the Representative with the Commission pursuant to the applicable paragraph of Rule 424(b) within the time period prescribed and will provide evidence satisfactory to the Representative of such timely
filing. The Company will promptly advise the Representative when the Final Prospectus, and any supplement thereto, shall have been filed (if required) with the Commission pursuant to Rule 424(b) or when any Rule 462(b) Registration Statement shall
have been filed with the Commission, (1) when, prior to termination of the offering of the Shares, any amendment to the Registration Statement shall have been filed or become effective, (2) of any request by the Commission or its staff for
any amendment of the Registration Statement, or any Rule 462(b) Registration Statement, or for any supplement to the Final Prospectus or for any additional information, (3) of the issuance by the Commission of any stop order suspending the
effectiveness of the Registration Statement or of any notice that would prevent its use or the institution or threatening of any proceeding for that purpose, and (4) of the receipt by the Company of any notification with respect to the
suspension of the qualification of the Shares for sale in any jurisdiction or the institution or threatening of any proceeding for such purpose. The Company will use its best efforts to prevent the issuance of any such stop order or the occurrence
of any such suspension or prevention and, upon such issuance, occurrence or prevention, to obtain as soon as possible the withdrawal of such stop order or relief from such occurrence or prevention, including, if necessary, by filing an amendment to
the Registration Statement or a new registration statement and using its best efforts to have such amendment or new registration statement declared effective as soon as practicable. 
  

	(b)	If there occurs an event or development as a result of which the Disclosure Package would include an untrue statement of a material fact or would omit to state a material fact
necessary in order to make the statements therein, in the light of the circumstances then prevailing, not misleading, the Company will notify promptly the Representative so that any use of the Disclosure Package may cease until it is amended or
supplemented. 

  

	(c)	The Company will furnish to the Representative and counsel for the Underwriters, without charge, conformed copies of the Registration Statement (including exhibits thereto) and to
each other Underwriter a copy of the Registration Statement (without exhibits thereto) and, so long as delivery of a prospectus by an Underwriter or dealer may be required by the Act (including in circumstances where such requirement may be
satisfied pursuant to Rule 172), as many copies of each Preliminary Final Prospectus, if any, the Final Prospectus and each Issuer Free Writing Prospectus, if any, and any supplement thereto as the Representative may reasonably request. The Company
will pay the expenses of printing or other production of all documents relating to the offering. 

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	(d)	The Company agrees that, unless it obtains the prior written consent of the Representative, and each Underwriter, severally and not jointly, agrees with the Company that, unless it
has obtained or will obtain, as the case may be, the prior written consent of the Company, it has not made and will not make any offer relating to the Shares that would constitute an Issuer Free Writing Prospectus or that would otherwise constitute
a “free writing prospectus” (as defined in Rule 405) required to be filed by the Company with the Commission or retained by the Company under Rule 433; provided that the prior written consent of the parties hereto shall be deemed to have
been given in respect of the Free Writing Prospectuses included in Schedule II hereto. Any such free writing prospectus consented to by the Representative or the Company is hereinafter referred to as a “Permitted Free Writing Prospectus.”
The Company agrees that (x) it has treated and will treat, as the case may be, each Permitted Free Writing Prospectus as an Issuer Free Writing Prospectus and (y) it has complied and will comply, as the case may be, with the requirements
of Rules 164 and 433 applicable to any Permitted Free Writing Prospectus, including in respect of timely filing with the Commission, legending and record keeping. 

  

	(e)	If, at any time when a prospectus relating to the Shares is required by law to be delivered in connection with sales by an Underwriter or dealer (including in circumstances where
such requirement may be satisfied pursuant to Rule 172), any event occurs as a result of which the Final Prospectus would include an untrue statement of a material fact, or would omit to state any material fact required to be stated therein or
necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, or if it is necessary at any time to supplement the Final Prospectus to comply with the Act or to file under the Exchange Act any
document which would be deemed to be incorporated by reference in the Registration Statement to comply with the Act or the Exchange Act, the Company promptly will advise the Representative and counsel to the Underwriters thereof and, subject to
Section 5(a), will promptly prepare and file with the Commission, at its expense, an amendment to the Registration Statement or file such document which will correct such statement or omission or an amendment which will effect such compliance;
and, if any Underwriter is required to deliver a prospectus after the effective date of the Registration Statement, the Company, upon request of the Representative, will prepare promptly such prospectus or prospectuses as may be necessary to permit
compliance with the requirements of Section 10(a)(3) of the Act. The Company consents to the use, in accordance with the provisions of the Act and with the Blue Sky Laws of the jurisdictions in which the Shares are offered by the several
Underwriters and by dealers, of each Preliminary Final Prospectus. 

  

	(f)	If necessary or appropriate in connection with the offer and sale of the Shares, the Company shall file a Rule 462(b) Registration Statement in the manner prescribed by the Act so
that such Rule 462(b) Registration Statement shall become effective upon filing. 

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	(g)	The Company will timely file such reports pursuant to the 1934 Act as are necessary in order to make generally available to its securityholders as soon as practicable an earnings
statement for the purposes of, and to provide the benefits contemplated by, the last paragraph of Section 11(a) of the 1933 Act. 

  

	(h)	The Company will apply the net proceeds from the sale of the Shares to be sold by it hereunder for the purposes set forth in the Final Prospectus. 

 

	(i)	The Company will cooperate with the Representative and counsel to the Underwriters in qualifying or registering the Shares for sale under the Blue Sky Laws of such jurisdictions as
the Representative designates, and will continue such qualifications or registrations in effect so long as reasonably requested by the Representative to effect the distribution of the Shares. The Company shall not be required to: (i) qualify as
a foreign corporation, (ii) file a general consent to service of process in any such jurisdiction where it is not presently qualified; or (iii) subject itself to taxation in any jurisdiction in which it would not otherwise be subject. In
each jurisdiction where any of the Shares shall have been qualified as provided above, the Company will file such reports and statements as may be required to continue such qualification for a period of not less than one year from the date of the
Final Prospectus. The Company shall promptly prepare and file with the Commission, from time to time, such reports as may be required to be filed by the Act and the Exchange Act, and the Company shall comply in all respects with the undertakings
given by the Company in connection with the qualification or registration of the Shares for offering and sale under the Blue Sky Laws. 

  

	(j)	The Company shall deliver the requisite notice of issuance to Nasdaq and shall take all necessary or appropriate action within its power to maintain the authorization for trading of
the Common Stock as a Nasdaq National Market security, or take such action to authorize the Common Stock for listing on the New York Stock Exchange or the American Stock Exchange, for a period of at least thirty-six months after the date of the
Final Prospectus. 

  

	(k)	The Company hereby agrees that, without the prior written consent of Baird on behalf of the Underwriters, it will not, during the period ending 90 days after the date of the Final
Prospectus, (1) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or
indirectly, any shares of Common Stock or any securities convertible into or exercisable or exchangeable for Common Stock or (2) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic
consequences of ownership of the Common Stock, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Common Stock or such other securities, in cash or otherwise or (3) file any registration
statement with the Commission relating to the offering of any shares of Common Stock or any securities convertible into or exercisable or exchangeable for Common Stock. 

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 The restrictions
contained in the preceding paragraph shall not apply to (a) the Shares to be sold hereunder or (b) issuances pursuant to any employee benefit or other incentive plan or pursuant to the exercise of stock options or warrants outstanding on
the date of this Agreement. Notwithstanding the foregoing, if (1) during the last 17 days of the 90 day restricted period the Company issues an earnings release or material news or a material event relating to the Company occurs; or
(2) prior to the expiration of the 90 day restricted period, the Company announces that it will release earnings results during the 16 day period beginning on the last day of the 90 day period, the restrictions imposed by the preceding
paragraph of this agreement shall continue to apply until the expiration of the 18 day period beginning on the issuance of the earnings release or the occurrence of the material news or material event. The Company shall promptly notify Baird and the
persons referred to in section 8(i) of any earnings release, news or event that may give rise to an extension of the initial 90 day restricted period. 
  

	(l)	The Company will maintain a transfer agent and, if required by law or the rules of Nasdaq or any national securities exchange on which the Common Stock is listed, a registrar
(which, if permitted by applicable laws and rules, may be the same entity as the transfer agent) for its Common Stock. 

  

	(m)	The Company will use its reasonable best efforts to comply or cause to be complied with the conditions to the obligations of the Underwriters in section 8 hereof.

  
 SECTION 7. Payment of Expenses. Whether or not the
transactions contemplated hereunder are consummated or this Agreement becomes effective, or if this Agreement is terminated for any reason, the Company will pay the costs, fees and expenses incident to the performance of its obligations in
connection with the public offering of the Shares, including (i) the preparation and filing of the Registration Statement, any Rule 462(b) Registration Statement, the Disclosure Package, each Preliminary Final Prospectus, the Final Prospectus,
and any amendments or supplements thereto, and the printing and furnishing of copies of each thereof to the Underwriters and to dealers (including costs of mailing and shipment), (ii) the registration, issue, sale and delivery of the Shares,
including any stock or transfer taxes and stamp or similar duties payable upon the sale, issuance or delivery of the Shares to the Underwriters, (iii) the printing of this Agreement, any Agreement Among Underwriters, any dealer agreements and
any closing documents (including compilations thereof) and the reproduction and/or printing and furnishing of copies of each thereof to the Underwriters and (except closing documents) to dealers (including costs of mailing and shipment),
(iv) the qualification of the Shares for offering and sale under state laws and the determination of their eligibility for investment under state law as aforesaid (including associated filing fees and the reasonable legal fees and disbursements
of counsel for the Underwriters) and the printing and furnishing of copies of any blue sky surveys or legal investment surveys to the Underwriters and to dealers, (v) any listing of the Shares on any securities exchange or qualification of the
Shares for quotation on Nasdaq and any registration thereof under the Exchange Act, (vi) review of the public offering of the Shares by the NASD Regulation, Inc. (including associated filing 

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 fees and the reasonable legal
fees and disbursements of counsel for the Underwriters), (vii) the costs and expenses of the Company relating to presentations or meetings undertaken in connection with the marketing of the offer and sale of the Shares to prospective investors
and your sales forces, including, without limitation, expenses associated with the production of road show slides and graphics, fees and expenses of any consultants engaged in connection with the road show presentations, travel, lodging and other
expenses incurred by the officers of the Company and any such consultants, and one-half of the cost (based on the number of passengers) of any aircraft chartered in connection with the road show, (viii) the costs and expenses of qualifying the
Shares for inclusion in DTC’s book-entry settlement system, and (x) the performance of the Company’s other obligations hereunder. 
  
 SECTION 8. Conditions to the Obligations of the Underwriters. The obligations of the several Underwriters under this Agreement shall be subject to the
accuracy of the representations and warranties on the part of the Company herein set forth as of the date hereof and as of the Closing Date, to the accuracy of the statements of the Company’s officers made pursuant to the provisions hereof, to
the performance by the Company of its obligations hereunder, and to the following additional conditions, unless waived in writing by the Representative: 
  

	(a)	All filings required by Rules 424(b) shall have been timely made; no stop order suspending the effectiveness of the Registration Statement shall have been issued by the Commission
or any state securities commission nor, to the knowledge of the Company, shall any proceedings for that purpose have been initiated or threatened; and any request of the Commission or any state securities commission for inclusion of additional
information in the Registration Statement, or otherwise, shall have been complied with to the reasonable satisfaction of the Representative. 

  

	(b)	Subsequent to the Execution Time: 

  

	 	(i)	there shall not have occurred any change or development resulting in, or which would reasonably be expected to result in, an adverse effect on the Company’s business, whether
or not arising from transactions in the ordinary course of business; and 

  

	 	(ii)	the Company shall not have sustained any loss or interference from any labor dispute, strike, fire, flood, windstorm, accident or other calamity (whether or not insured) or from any
court or governmental action, order or decree, 

  
 the effect of
which on the Company, in any such case described in clause (i) or (ii) above, is in the opinion of the Representative so material and adverse as to make it impracticable or inadvisable to proceed with the public offering or the delivery of
the Shares on the terms and in the manner contemplated in the Registration Statement and the Final Prospectus. 

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	(c)	The Representative shall have received an opinion of Margaret Reed, general counsel to the Company, addressed to the Representative, as the representative of the Underwriters, and
dated the Closing Date, substantially in the form attached hereto as Exhibit A and reasonably satisfactory to the Representative. 

  

	(d)	The Representative shall have received an opinion of Akin Gump Strauss Hauer & Feld LLP, counsel to the Company, addressed to the Representative, as the representative of
the Underwriters, and dated the Closing Date, substantially in the form attached hereto as Exhibit B and reasonably satisfactory to the Representative. 

  

	(e)	The Representative shall have received an opinion of Mayer, Brown, Rowe & Maw LLP, counsel for the Underwriters, dated the Closing Date with respect to the issuance and
sale of the Shares by the Company, the Registration Statement and other related matters as the Representative may require, and the Company shall have furnished to such counsel such documents and shall have exhibited to them such papers and records
as they request for the purpose of enabling them to pass upon such matters. 

  

	(f)	The Representative shall have received on the Closing Date, a certificate of Michael T. Willis, President and Chief Executive Officer, and Joseph C. Tusa, Senior Vice President and
Chief Financial Officer, of the Company, to the effect that: 

  

	 	(i)	The representations and warranties of the Company set forth in section 2 hereof are true and correct as of the date of this Agreement and as of the date of such certificate, and the
Company has complied with all the agreements and satisfied all the conditions to be performed or satisfied by it at or prior to the date of such certificate; 

  

	 	(ii)	The Commission has not issued an order preventing or suspending the use of the Final Prospectus or any Preliminary Final Prospectus or any amendment or supplement thereto; no stop
order suspending the effectiveness of the Registration Statement has been issued by the Commission; and to the knowledge of the respective signatories, no proceedings for that purpose have been initiated or are pending or contemplated by the
Commission; and 

  

	 	(iii)	Each of the respective signatories has carefully examined the Registration Statement and the Final Prospectus, the Disclosure Package and any amendment or supplement thereto,
including any documents filed under the Exchange Act and deemed to be incorporated by reference in the Disclosure Package, the Final Prospectus and the Registration Statement, and the Final Prospectus and the Registration Statement (including the
documents incorporated by reference therein) contain all statements required to be stated therein, and the Disclosure Package, the Final Prospectus and the Registration Statement do not include any untrue statement of a material fact or

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 omit to state
any material fact required to be stated therein or necessary to make the statements therein not misleading, and since the date on which the Registration Statement was initially filed, no event has occurred that was required to be set forth in an
amended or supplemented prospectus or in an amendment to the Registration Statement that has not been so set forth, and there has been no document required to be filed under the Exchange Act that upon such filing would be deemed to be incorporated
by reference in the Disclosure Package, the Final Prospectus and the Registration Statement that has not been so filed; and 
  

	 	(iv)	Since the last Effective Date of the Registration Statement preceding the Execution Time, there has not occurred any change or development involving, or which could be expected to
involve, a Material Adverse Effect, whether or not arising from transactions in the ordinary course of business, except as disclosed in the Disclosure Package, the Final Prospectus and the Registration Statement as heretofore amended or (but only if
the Representative expressly consent thereto in writing) as disclosed in an amendment or supplement thereto filed with the Commission and delivered to the Representative after the execution of this Agreement; since such date and except as so
disclosed or in the ordinary course of business, the Company has not incurred any liability or obligation, direct or indirect, or entered into any transaction which is material to the Company; since such date and except as so disclosed, there has
not been any change in the outstanding capital stock of the Company, or any change that is material to the Company in the short-term debt or long-term debt of the Company; since such date and except as so disclosed, the Company has not acquired any
of the Common Stock or other capital stock of the Company nor has the Company declared or paid any dividend, or made any other distribution, upon its outstanding Common Stock payable to shareholders of record on a date prior to such Closing Date;
since such date and except as so disclosed, the Company has not incurred any material contingent obligations, and no material litigation is pending or threatened against the Company; and, since such date and except as so disclosed, the Company has
not sustained any material loss or interference from any strike, fire, flood, windstorm, accident or other calamity (whether or not insured) or from any court or governmental action, order or decree. 

  
 The delivery of the certificate provided for in this subsection
(f) shall be and constitute a representation and warranty of the Company as to the facts required in the immediately foregoing clauses (i), (ii) and (iii) to be set forth in said certificate. 
  

	(g)	At the time this Agreement is executed and also on the Closing Date, there shall be delivered to the Representative, at the request of the Company, letters, dated the respective
dates of delivery thereof and addressed to the Representative, as the representative of the Underwriters, from Ernst & Young LLP, the Company’s independent registered public accountants, the first letter to be dated the date of this
Agreement and the second letter to 

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 be dated the
Closing Date (however, with respect to matters involving changes or developments since the respective dates as of which specified financial information is given in the Final Prospectus, as of a date not more than three days prior to the date
thereof), which shall be in form and substance satisfactory to the Representative and shall contain statements and information of the type ordinarily included in accountant’s “comfort letters” to underwriters with respect to financial
statements and certain financial information contained or incorporated by reference in the Registration Statement and the Final Prospectus. There shall not have been any change or decrease set forth in any of the letters referred to in this
subsection (g) which makes it impracticable or inadvisable in the judgment of the Representative to proceed with the public offering or purchase of the Shares as contemplated hereby. 
  

	(h)	The Common Stock shall have been designated for inclusion as a Nasdaq National Market security on Nasdaq and shall have been registered under the Exchange Act.

  

	(i)	The “lock up” agreements, each substantially in the form of Exhibit C hereto, between you and the stockholders, officers and directors of the Company listed in such
exhibit relating to sales and certain other dispositions of shares of Common Stock or certain other securities, delivered to you on or before the date hereof, shall be in full force and effect on the date the shares are purchased.

  

	(j)	The representative shall have received such further certificates and documents as the Representative may reasonably request (including certificates of officers of the Company).

  
 All such opinions, certificates, letters and documents shall be
in compliance with the provisions hereof only if they are in substance reasonably satisfactory to the Representative and to Mayer, Brown, Rowe & Maw LLP, counsel for the Underwriters. The Company shall furnish the Representative with such
manually signed or conformed copies of such opinions, certificates, letters and documents as the Representative may reasonably request. 
  
 If any condition to the Underwriters’ obligations hereunder to be satisfied prior to or at the Closing Date (other than section 8(e)) is not so satisfied, this
Agreement at the election of the Representative will terminate upon notification to the Company without liability on the part of any Underwriter, including the Representative, or the Company except (i) for the expenses to be paid by the Company
pursuant to section 7 hereof, (ii) to the extent provided in sections 10 hereof and (iii) that the Company agrees to reimburse the Underwriters upon demand for all out-of-pocket expenses (including reasonable fees and expenses of counsel
for the Underwriters), that shall have been incurred by the Underwriters in connection with the proposed purchase and sale of the Shares. 
  
 SECTION 9. Maintain Effectiveness of Registration Statement. The Company will use its best efforts to prevent the issuance of any stop order suspending the
effectiveness of the Registration Statement, and, if such stop order is issued, to obtain as soon as possible the lifting thereof. 

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 SECTION 10.
Indemnification. 
  

	(a)	The Company agrees to indemnify and hold harmless each Underwriter and each person, if any, who controls any Underwriter within the meaning of the Act or the Exchange Act, from and
against any losses, claims, damages, expenses, liabilities (including, without limitation, any legal or other expenses reasonably incurred in connection with defending or investigating any such action or claim) or actions in respect thereof
(“Claims”), joint or several, to which such Underwriter or each such controlling person may become subject under the Act, the Exchange Act, Blue Sky Laws or other federal or state statutory laws or regulations, at common law or otherwise
(including payments made in settlement of any litigation if such settlement is effected with the written consent of the Company, which consent shall not be unreasonably withheld), insofar as such Claims arise out of or are based upon (i) any
untrue statement or alleged untrue statement of a material fact contained in the Registration Statement (or in the Registration Statement as amended by any post-effective amendment thereof filed by the Company), the Disclosure Package, the Final
Prospectus, any Issuer Free Writing Prospectus or arises out of or is based upon any omission or alleged omission to state a material fact required to be stated in such Registration Statement, the Disclosure Package, the Final Prospectus or any
Issuer Free Writing Prospectus or necessary to make the statements made therein not misleading (in the case of such Registration Statement) or necessary to make the statements made therein not misleading in light of the circumstances under which
they were made (in the case of such Disclosure Package, the Final Prospectus or any Issuer Free Writing Prospectus), (ii) the failure by the Company to perform, when and as required, any agreement or covenant contained herein; or (iii) any
untrue statement or alleged untrue statement of any material fact contained in any audio or visual materials provided by the Company or based upon written information furnished by or on behalf of the Company including, without limitation, slides,
videos, films or tape recordings used in connection with the marketing of the Shares. The Company agrees to reimburse each Underwriter and each such controlling person for any legal fees or other expenses reasonably incurred by such Underwriter or
any such controlling person in connection with investigating or defending any such Claim; provided, however, that the Company will not be liable in any such case to the extent that any such Claim arises out of or is based upon an untrue statement or
alleged untrue statement or omission or alleged omission made in the Registration Statement, the Disclosure Package, the Final Prospectus, any Issuer Free Writing Prospectus or supplement thereto or in any Blue Sky Application in reliance upon and
in conformity with the written information furnished to the Company pursuant to section 4 of this Agreement. The indemnification obligations of the Company as provided above are in addition to and in no way limit any liabilities the Company
may otherwise have. 

 Robert W. Baird & Co. Incorporated 
 December 21, 2005 
  Page
 24
 
  

	(b)	Each Underwriter, severally and not jointly, agrees to indemnify and hold harmless the Company, each of its directors and each of its officers who signs the Registration Statement,
and each person, if any, who controls the Company within the meaning of the Act or the Exchange Act from and against any Claim to which the Company, or any such director, officer, controlling person may become subject under the Act, the Exchange
Act, Blue Sky Laws or other federal or state statutory laws or regulations, at common law or otherwise (including payments made in settlement of any litigation, if such settlement is effected with the written consent of such Underwriter and the
Representative, which consent shall not be unreasonably withheld), insofar as such Claim arises out of or is based upon any untrue or alleged untrue statement of any material fact contained in the Registration Statement, the Disclosure Package, the
Final Prospectus, any Issuer Free Writing Prospectus or any amendment or supplement thereto, or in any Blue Sky Application, or arises out of or is based upon the omission or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein not misleading, in each case to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission or alleged omission was made in the Registration Statement,
the Disclosure Package, the Final Prospectus, any Issuer Free Writing Prospectus or any amendment or supplement thereto, or in any Blue Sky Application, in reliance solely upon and in conformity with the written information furnished by the
Representative to the Company pursuant to section 4 of this Agreement. The indemnification obligations of each Underwriter as provided above are in addition to any liabilities any such Underwriter may otherwise have. Notwithstanding the provisions
of this section, no Underwriter shall be required to indemnify or reimburse the Company, or any officer, director, controlling person in an aggregate amount in excess of the total price at which the Shares purchased by any such Underwriter hereunder
were offered to the public, , less the amount of any damages such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. 

  

	(c)	Promptly after receipt by an indemnified party under this section of notice of the commencement of any action in respect of a Claim, such indemnified party will, if a Claim in
respect thereof is to be made against an indemnifying party under this section, notify the indemnifying party in writing of the commencement thereof, but the omission so to notify the indemnifying party will not relieve an indemnifying party from
any liability it may have to any indemnified party under this section or otherwise except to the extent it has been materially prejudiced by such omission so to notify. In case any such action is brought against any indemnified party, and such
indemnified party notifies an indemnifying party of the commencement thereof, the indemnifying party will be entitled to participate in and, to the extent that he, she or it may wish, jointly with all other indemnifying parties, similarly notified,
to assume the defense thereof, with counsel reasonably satisfactory to such indemnified party; provided, however, if the defendants in any such action include both the indemnified party and any indemnifying party and the indemnified party shall have
reasonably concluded that there may be legal defenses available to the indemnified party 

 Robert W. Baird & Co. Incorporated 
 December 21, 2005 
  Page
 25
 
  
 and/or other
indemnified parties which are different from or additional to those available to any indemnifying party, the indemnified party or parties shall have the right to select separate counsel to assume such legal defenses and to otherwise participate in
the defense of such action on behalf of such indemnified party or parties, subject to subsection (d)(i) below. 
  

	(d)	Upon receipt of notice from the indemnifying party to such indemnified party of the indemnifying party’s election to assume the defense of such action and upon approval by the
indemnified party of counsel selected by the indemnifying party, the indemnifying party (such approval not to be unreasonably withheld) will not be liable to such indemnified party under this section for any legal fees or other expenses subsequently
incurred by such indemnified party in connection with the defense thereof, unless: 

  

	 	(i)	the indemnified party shall have employed separate counsel in connection with the assumption of legal defenses in accordance with the proviso to the last sentence of subsection
(c) of this section (it being understood, however, that the indemnifying party shall not be liable for the legal fees and expenses of more than one separate counsel and local counsel, if applicable, approved by the Representative, for all
Underwriters and their controlling persons that are the indemnified parties); 

  

	 	(ii)	the indemnifying party shall not have employed counsel reasonably satisfactory to the indemnified party to represent the indemnified party within a reasonable time after the
indemnified party’s notice to the indemnifying party of commencement of the action; or 

  

	 	(iii)	the indemnifying party has authorized the employment of counsel at the expense of the indemnifying party. 

  

	(e)	If the indemnification provided for in this section is unavailable to an indemnified party under subsection (a) or (b) hereof in respect of any Claim referred to therein,
then each indemnifying party, in lieu of indemnifying such indemnified party, shall, subject to the limitations hereinafter set forth, contribute to the amount paid or payable by such indemnified party as a result of such Claim:

  

	 	(i)	in such proportion as is appropriate to reflect the relative benefits received by the Company and the Underwriters from the offering of the Shares; or 

  

	 	(ii)	if the allocation provided by clause (i) above is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in
clause (i) above, but also the relative fault of the Company and the Underwriters in connection with the statements or omissions which resulted in such Claim, as well as any other relevant equitable considerations. 

 Robert W. Baird & Co. Incorporated 
 December 21, 2005 
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 26
 
  
 The relative
benefits received by each of the Company and the Underwriters shall be deemed to be in such proportion so that the Underwriters are responsible for that portion represented by the percentage that the amount of the underwriting discounts and
commissions per share appearing on the cover page of the Final Prospectus bears to the public offering price per share appearing thereon, and the Company (including its officers and directors and controlling persons) is responsible for the remaining
portion. The relative fault of the Company and the Underwriters shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact
relates to information supplied by the Company or the Underwriters and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The amount paid or payable by a party as a
result of the Claims referred to above shall be deemed to include, subject to the limitations set forth in subsections (c) and (d) of this section, any legal or other fees or expenses reasonably incurred by such party in connection with
investigating or defending any action or claim. 
  

	(f)	The Company and the Underwriters agree that it would not be just and equitable if contribution pursuant to this section were determined by pro rata or per capita allocation (even if
the Underwriters were treated as one entity for such purpose) or by any other method or allocation which does not take into account the equitable considerations referred to in subsection (e) of this section. Notwithstanding the other provisions
of this section, no Underwriter shall be required to contribute any amount that is greater than the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to the public exceeds the amount of
any damages which such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of
the Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The Underwriters’ obligations to contribute pursuant to this section are several in proportion to their respective underwriting
commitments and not joint. 

  
 SECTION 11. Default of
Underwriters. It shall be a condition to the obligations of each Underwriter to purchase the Shares in the manner as described herein, that, except as hereinafter provided in this section, each of the Underwriters shall purchase and pay for
all the Shares agreed to be purchased by such Underwriter hereunder upon tender to the Representative of all such Shares in accordance with the terms hereof. If any Underwriter or Underwriters default in their obligations to purchase Shares
hereunder on the Closing Date and the aggregate number of Shares which such defaulting Underwriter or Underwriters agreed but failed to purchase does not exceed ten percent (10%) of the total number of Shares which the Underwriters are
obligated to purchase on such Closing Date, the Representative may make arrangements for the purchase of such Shares by other persons, including any of the Underwriters, but if no such arrangements are made by such Closing Date the nondefaulting
Underwriters shall be obligated severally, in proportion to their respective 

 Robert W. Baird & Co. Incorporated 
 December 21, 2005 
  Page
 27
 
  
 commitments hereunder, to
purchase the Shares which such defaulting Underwriters agreed but failed to purchase on such Closing Date. If any Underwriter or Underwriters so default and the aggregate number of Shares with respect to which such default or defaults occur is
greater than ten percent (10%) of the total number of Shares which the Underwriters are obligated to purchase on such Closing Date, and arrangements satisfactory to the Representative for the purchase of such Shares by other persons are not
made within thirty-six hours after such default, this Agreement will terminate without liability on the part of any nondefaulting Underwriter or the Company except for the expenses to be paid by the Company pursuant to section 7 hereof and except to
the extent provided in sections 10 and 11 hereof. 
  
 In the event that Shares to
which a default relates are to be purchased by the nondefaulting Underwriters or by another party or parties, the Representative shall have the right to postpone the Closing Date for not more than seven business days in order that the necessary
changes in the Registration Statement, Prospectus and any other documents, as well as any other arrangements, may be effected. As used in this Agreement, the term “Underwriter” includes any person substituted for an Underwriter under this
section. Nothing herein will relieve a defaulting Underwriter from liability for its default. 
  
 SECTION 12. Effective Date. This Agreement shall become effective upon the execution and delivery of this Agreement by the parties hereto. Such execution and delivery shall include an executed copy of
this Agreement sent by facsimile transmission or other means of transmitting written documents. 
  
 SECTION 13. Termination. Without limiting the right to terminate this Agreement pursuant to any other provision hereof, this Agreement may be terminated by the Representative prior to or on the Closing
Date if in the judgment of the Representative, payment for and delivery of the Shares is rendered impracticable or inadvisable because: 
  

	(a)	additional governmental restrictions, not in force and effect on the date hereof, shall have been imposed upon trading in securities generally or minimum or maximum prices shall
have been generally established on the New York Stock Exchange, the American Stock Exchange or Nasdaq, or trading in securities generally shall have been suspended or materially limited on either such exchange or on Nasdaq or a general banking
moratorium shall have been established by either federal or state authorities in New York or a material disruption in securities settlement, payment or clearance services in the United States shall have occurred; or 

  

	(b)	trading in the Common Stock on Nasdaq shall have been suspended as a result of actions taken or omitted to be taken by the Company; or 

  

	(c)	any event shall have occurred or shall exist which makes untrue or incorrect in any material respect any statement or information contained in the Registration Statement or which is
not reflected in the Registration Statement but should be reflected therein to make the statements or information contained therein not misleading in any material respect; or 

 Robert W. Baird & Co. Incorporated 
 December 21, 2005 
  Page
 28
 
  

	(d)	an outbreak or escalation of hostilities or other national or international calamity or any substantial change in political, financial or economic conditions shall have occurred or
shall have accelerated to such extent as to have a material adverse effect, in the judgment of the Representative, on the financial markets of the United States, or to make it impracticable or inadvisable, in the judgment of the Representative, to
proceed with completion of the sale of and payment for the Shares as provided in this Agreement. 

  
 Any termination pursuant to subsection (a) or (d) of this section shall be without liability on the part of any Underwriter to the Company, or on the part of the Company to any Underwriter, except for
expenses to be paid by the Company pursuant to section 7 hereof and except as to indemnification to the extent provided in section 10 hereof. Any termination pursuant to subsection (b) or (c) of this section shall be without liability on
the part of any Underwriter to the Company, or on the part of the Company to any Underwriter, except (i) for expenses to be paid by the Company pursuant to section 7 hereof, (ii) as to indemnification to the extent provided in section 10
hereof and (iii) that the Company agrees to reimburse the Underwriters upon demand for all out-of-pocket expenses (including reasonable fees and expenses of counsel for the underwriters), that have been incurred by the Underwriters in
connection with the proposed purchase and sale of the shares. 
  
 SECTION 14.
Representations and Indemnities to Survive Delivery. The respective indemnities, agreements, representations, warranties, covenants and other statements of the Company, of its officers or directors and of the several Underwriters set
forth in or made pursuant to this Agreement will remain in full force and effect, regardless of any investigation made by or on behalf of any Underwriter or the Company or any of its or their partners, officers, directors or any controlling person,
as the case may be, and will survive delivery of and payment for the Shares sold hereunder. 
  
 SECTION 15. Notices. All communications hereunder will be in writing and, if sent to the Representative, will be mailed, delivered or sent by facsimile (with receipt confirmed) to Robert W.
Baird & Co. Incorporated at 777 East Wisconsin Avenue, Milwaukee, Wisconsin 53202, Attention: Terry P. Maxwell, facsimile (414) 765-3912, with a copy to Philip J. Niehoff, Esq., Mayer, Brown, Rowe & Maw LLP, 71 South Wacker
Drive, Chicago, Illinois 60606, facsimile (312) 701-7711; and if sent to the Company, will be mailed, delivered or sent by facsimile (with receipt confirmed) to the Company at 4400 Post Oak Parkway, Suite 1800, Houston, Texas 77027, Attention:
Margaret G. Reed, General Counsel, facsimile (713) 386-1504, with a copy to Seth Molay, P.C., Akin Gump Strauss Hauer & Feld LLP, 1700 Pacific Avenue, Suite 4100, Dallas, Texas 75201, facsimile (214) 969-4343. 
  
 SECTION 16. Successors. This Agreement will inure to the benefit of and be
binding upon the parties hereto and their respective successors, personal representatives and assigns, and to the 

 Robert W. Baird & Co. Incorporated 
 December 21, 2005 
  Page
 29
 
  
 benefit of the officers and
directors and controlling persons referred to in sections 10 and 11 hereof and no other person will have any right or obligation hereunder. The term “successors” shall not include any purchaser of the Shares as such from any of the
Underwriters merely by reason of such purchase. 
  
 SECTION 17. Partial
Unenforceability. If any section, paragraph, clause or provision of this Agreement is for any reason determined to be invalid or unenforceable, such determination shall not affect the validity or enforceability of any other section,
paragraph clause or provision hereof. 
  
 SECTION 18. Applicable Law;
Counterparts. This Agreement shall be governed by and construed in accordance with the internal laws of the State of New York without reference to conflict of law principles thereunder. This Agreement may be signed in various counterparts
which together shall constitute one and the same instrument, and shall be effective when at least one counterpart hereof shall have been executed by or on behalf of each party hereto. 
  
 SECTION 19. Definitions. The terms which follow, when used in this Agreement shall have the meanings indicated. 
  
 “Basic Prospectus” shall mean the prospectus
referred to in paragraph 1(a) above contained in the Registration Statement at the Effective Date. 
  
 “Business Day” shall mean any day other than a Saturday, a Sunday or a legal holiday or a day on which banking institutions
or trust companies are authorized or obligated by law to close in New York City. 
  
 “Disclosure Package” shall mean the Basic Prospectus. 
  
 “Effective Date” shall mean each date and time that the Registration Statement, any post-effective
amendment or amendments thereto and any Rule 462(b) Registration Statement became or become effective. 
  
 “Execution Time” shall mean the date and time that this Agreement is executed and delivered by the parties hereto. 

 
 “Final Prospectus” shall mean the prospectus
supplement relating to the Securities that was first filed pursuant to Rule 424(b) after the Execution Time, together with the Basic Prospectus. 
  
 “Free Writing Prospectus” shall mean a free writing prospectus, as defined in Rule 405. 
  
 “Issuer Free Writing Prospectus” shall mean an
issuer free writing prospectus, as defined in Rule 433. 

 Robert W. Baird & Co. Incorporated 
 December 21, 2005 
  Page
 30
 
  
 “Preliminary Final Prospectus” shall mean any preliminary prospectus supplement to the Basic Prospectus which describes the Shares and the offering thereof and is used prior to filing of the Final Prospectus, together with the
Basic Prospectus. 
  
 “Registration
Statement” shall mean the registration statement referred to in paragraph 1(a) above, including exhibits and financial statements and any prospectus supplement relating to the Securities that is filed with the Commission pursuant to Rule
424(b) and deemed part of such registration statement pursuant to Rule 430B, as amended at the Execution Time and, in the event any post-effective amendment thereto or any Rule 462(b) Registration Statement becomes effective prior to the
Closing Date, shall also mean such registration statement as so amended or such Rule 462(b) Registration Statement, as the case may be. 
  
 “Rule 158”, “Rule 163”, “Rule 164”, “Rule 172”, “Rule 405”, “Rule 415”,
“Rule 424”, “Rule 430B”, “Rule 433” and “Rule 462” refer to such rules under the Act. 
  
 “Rule 462(b) Registration Statement” shall mean a registration statement and any amendments thereto filed pursuant to
Rule 462(b) relating to the offering covered by the registration statement referred to in Section 1(a) hereof. 
  
 *     *     * 

 If the foregoing is in accordance with your understanding of our agreement, kindly sign and return to us the enclosed
duplicates hereof, whereupon it will become a binding agreement among the Company and the several Underwriters, including the Representative, all in accordance with its terms. 
  

			
	Very truly yours,
	
	COMSYS IT PARTNERS, INC.
		
	By:	 	 /s/ DAVID L. KERR

	 	 	David L. Kerr, Senior Vice President

  
 The foregoing Underwriting 

Agreement is hereby confirmed 
 and accepted as of the date 
 first above written. 
  

			
	ROBERT W. BAIRD & CO. INCORPORATED
	 	 	 Acting as Representative of the several
 Underwriters
(including themselves) identified
 in Schedule I annexed hereto.

		
	By:	 	 /s/ BRIAN DOYAL

	 	 	Brian Doyal, Authorized Representative

 COMSYS IT PARTNERS, INC. 
  
 Schedule I 
  

			
	 Underwriter

	  	Number of
Shares

	 Robert W. Baird & Co. Incorporated
	  	3,000,000

 COMSYS IT PARTNERS, INC. 
  
 Schedule II 
  
 Issuer Free Writing Prospectuses 
  
 None. 

 EXHIBIT A 
  

FORM OF OPINION OF MARGARET REED, GENERAL COUNSEL OF THE 
 COMPANY 
  
 The opinion of
Margaret Reed, General Counsel of the Company, to be delivered pursuant to Section 8(c) of the Underwriting Agreement shall be to the effect that: 
  
 A. The Company has all corporate power to own or lease its properties and conduct its business, in each case, as disclosed in the Registration Statement,
the Disclosure Package and the Final Prospectus, to enter into the Underwriting Agreement and to carry out its obligations thereunder. 
  
 B. Each Subsidiary is validly existing as a corporation or limited liability company, as applicable, in good standing under the laws of the jurisdiction
of its incorporation or formation, as applicable, has the requisite corporate or limited liability company power and authority, as applicable, to own its property and to conduct is business, in each case, as disclosed in the Registration Statement,
the Disclosure Package and the Final Prospectus and is duly qualified to transact business and is in good standing under the laws of each jurisdiction listed in [a schedule to this opinion]. All of the issued shares of capital stock of each
Subsidiary have been duly and validly authorized and issued, are fully paid and non-assessable, and are owned directly or through wholly-owned subsidiaries by the Company, free and clear of all liens, encumbrances, equities or claims, except as
disclosed in the Disclosure Package and the Final Prospectus. 
  
 C. To my knowledge, there are no proceedings or investigations pending or threatened to which the Company or any Subsidiary is a party or to which any of the properties of the Company or any Subsidiary is subject, before or brought by any
court or governmental agency or body that would reasonably be expected to result in a Material Adverse Effect, other than proceedings or investigations fairly summarized in all material respects in the Disclosure Package and the Final Prospectus.

 EXHIBIT B 
  

FORM OF OPINION OF AKIN GUMP STRAUSS HAUER & FELD COUNSEL 
  
 The opinion of Akin Gump Strauss Hauer & Feld LLP to be delivered pursuant to Section 8(d) of the Underwriting
Agreement shall be to the effect that: 
  
 A. The Company is
validly existing as a corporation in good standing under the laws of the State of Delaware. The Company is duly qualified as a foreign corporation in those jurisdictions identified on a schedule hereto. 
  
 B. The authorized capital stock of the Company consists of
             shares of Common Stock, par value $.01 per share and              shares of Preferred Stock, par value
$.01 per share, and all such stock conforms in all material respects as to legal matters to the descriptions thereof in the Disclosure Package, the Final Prospectus and the Registration Statement under the caption “Description of Capital
Stock.” 
  
 C. The Shares to be issued by the Company and
delivered on the date hereof have been duly authorized for issuance and sale to the Underwriters pursuant to the Underwriting Agreement and, when issued and delivered by the Company to the Underwriters against payment therefor in accordance with the
Underwriting Agreement, and the Shares will be, validly issued, fully paid and nonassessable and the Shares will not have been issued in violation of any preemptive rights created under the Certificate of Incorporation or under the Delaware General
Corporation Law, and to the knowledge of such counsel, except as described in the Final Prospectus, there are no contractual preemptive rights that have not been waived with respect to the issue and sale of the Shares to be delivered on the date
hereof. 
  
 D. Except as described in the Disclosure Package and
the Final Prospectus, to the knowledge of such counsel, no holders of securities of the Company have rights to the registration of such securities under the Registration Statement other than those holders of Common Stock who have waived such rights
or whose rights have expired by reason of lapse of time following notification of the Company’s intent to file the Registration Statement. 
  
 E. The Underwriting Agreement has been duly authorized, executed and delivered by the Company. 
  
 F. The execution and delivery of the Underwriting Agreement by the Company
does not, and the performance of the Underwriting Agreement by the Company and the consummation of the transactions contemplated by the Underwriting Agreement by the Company will not, (a) violate the Certificate of Incorporation or Bylaws of
the Company or any Subsidiary, (b) breach of or result in a default under any agreement or other instrument (including, without limitation, any contract, indenture, mortgage, deed of trust, loan or credit agreement, note or lease) filed or
incorporated by reference as an exhibit to the Registration Statement, or (c) violate any (i) statute, rule or regulation of any [Included Law] or (ii) any judgment, decree or order known to such counsel of any court or any public,
governmental or regulatory agency or body having jurisdiction over the Company or any subsidiary. 

 G. No consent, approval, authorization, order, registration, filing, qualification, license or permit of
or with any court or any public, governmental or regulatory agency or body is required under any of the [Included Laws] for the execution, delivery and performance of the Underwriting Agreement by the Company or the consummation of the transactions
contemplated by the Underwriting Agreement, except for (a) such as may be required under any foreign securities laws, or state securities or Blue Sky laws in connection with the purchase and distribution of the Securities by the Underwriters,
as to which we express no opinion, (b) such as have been made or obtained under the Act and the Act Regulations, and (c) such consents, approvals, authorizations and orders as have been duly obtained on or prior to the date hereof and are
in full force and effect. 
  
 H. The Registration Statement and
the Final Prospectus, including any documents incorporated by reference into the Registration Statement (other than the financial statements and schedules and other financial data included therein or omitted therefrom, as to which such counsel need
express no opinion), as of their respective effective or issue dates, complied as to form in all material respects with the requirements of the Act and the Act Regulations. 
  
 I. The Registration Statement has become effective under the 1933 Act, and, to such counsel’s knowledge, no stop order
suspending the effectiveness of the Registration Statement has been issued by the Commission and no proceedings therefor have been initiated, are pending or threatened by the Commission, and all filings required by Rule 424(b) of the Act have been
made in the manner and within the time period required thereby. 
  
 J. All descriptions in the Registration Statement, the Disclosure Package and the Final Prospectus of contracts and other documents to which the Company or the Subsidiaries are a party that came into existence at the time of or following
the Merger are accurate in all material respects. To such counsel’s knowledge, there are no contracts, agreements or other documents required to be described in the Registration Statement or to be filed as exhibits to the Registration Statement
by the Act Regulations other than those described or referred to therein or filed as exhibits thereto. 
  
 K. The statements (a) in the Disclosure Package and the Final Prospectus under the caption “Description of Capital Stock” and
(b) in Item 15 of the Registration Statement, in each case insofar as such statements constitute a summary of the legal matters, documents or proceedings referred to therein, fairly present, in all material respects, the information called
for with respect to such legal matters, documents and proceedings. 
  
 L. The Company is not, and after giving effect to the offering and sale of the Securities and its application of the proceeds thereof as described in the Final Prospectus, will not be, required to register as an “investment
company,” as such term is defined under the Investment Company Act of 1940, as amended. 
  
 Such counsel shall also provide negative assurance that although such counsel is not passing upon and does not assume any responsibility for the accuracy, completeness or fairness of the statements contained in the
Registration Statement, the Disclosure Package and the Final Prospectus and makes no representation that it has independently verified the accuracy, completeness or fairness of such statements, in the course of such counsel’s acting as special
counsel to the Company in connection with its preparation of the Registration Statement, the Disclosure Package and the Final Prospectus, prior to the filing of the Registration Statement, the Disclosure Package and the Final Prospectus, such
counsel participated in conferences and telephone conversations with 

 representatives of the Company, representatives of the independent public accountants for the Company, representatives of
the Underwriters and representatives of the Underwriters’ counsel, during which conferences and conversations the contents of the Registration Statement, the Disclosure Package and the Final Prospectus and related matters were discussed, and
reviewed certain corporate records and documents furnished to it by the Company, and based on such counsel’s participation in such conferences and conversations, its review of such records and documents as described above, its understanding of
the U.S. federal securities laws and the experience it has gained in its practice thereunder, such counsel shall advise the Underwriters that: 
  
 (a) No information has come to such counsel’s attention that causes it to believe that the Registration Statement (except the
financial statements, financial schedules and other financial and statistical data included therein or omitted therefrom, as to which such counsel need express no view), at the time such Registration Statement became effective, contained an untrue
statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein not misleading. 
  
 (b) No information has come to such counsel’s attention that causes it to believe that the Disclosure Package (except the financial
statements and other financial and statistical data included therein or omitted therefrom, as to which such counsel need express no view), as of the Execution Time, contained or contains an untrue statement of a material fact or omitted or omits to
state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, except that the Disclosure Package omitted pricing-related information and a description of the
use of proceeds from the offering. 
  
 (c) No
information has come to such counsel’s attention that causes it to believe that the Final Prospectus (except the financial statements and other financial and statistical data included therein or omitted therefrom, as to which such counsel need
express no view), as of the date the Final Prospectus was issued or on the date hereof, contained or contains an untrue statement of a material fact or omitted or omits to state a material fact necessary in order to make the statements therein, in
the light of the circumstances under which they were made, not misleading. 

 EXHIBIT C 
  
 COMSYS IT PARTNERS, INC. 
  
 Parties from whom a lockup letter (in the form beginning on the next page) is required: 
  
 Michael T. Willis 
 Joseph C. Tusa, Jr. 
 David L. Kerr 
 Michael H. Barker 
 Larry L. Enterline 
 Frederick W. Eubank II 
 Ted A. Gardner 
 Victor E. Mandel 
 Kevin M. McNamara 
 Arthur C. Roselle 
 Elias J. Sabo 
 Wachovia Investors, Inc. 
 Links Partners, L.P. 
 Inland Partners, L.P. et. al 

 FORM OF LOCKUP LETTER 
  
 December 21, 2005 
  
 Robert W. Baird & Co. Incorporated 
 As Representative of the Several
Underwriters 
 c/o Robert W. Baird & Co. Incorporated 
 777 East Wisconsin Avenue 
 Milwaukee, Wisconsin 53202 
  

	 	Re:	COMSYS IT Partners, Inc. (the “Company”) 

  
 Ladies & Gentlemen: 
  
 The undersigned is an owner of record or beneficially of certain shares of Common Stock of the Company (the “Common Stock”) or securities
convertible into or exchangeable or exercisable for Common Stock. The Company proposes to carry out a public offering of Common Stock (the “Offering”) for which you will act as the representative (the “Representative”) of the
underwriters. The undersigned recognizes that the Offering will be of benefit to the undersigned and will benefit the Company by, among other things, raising additional capital for its operations. The undersigned acknowledges that you and the other
underwriters are relying on the representations and agreements of the undersigned contained in this letter in carrying out the Offering and in entering into underwriting arrangements with the Company with respect to the Offering. 
  
 In consideration of the foregoing, the undersigned hereby agrees that,
without the prior written consent of the Representative, the undersigned will not, directly or indirectly, for a period commencing on the date hereof and continuing to a date 90 days after the date of the final prospectus for the Offering (the
“Lock-up Period”), offer, sell, transfer, or pledge, contract to sell, transfer or pledge, or cause or in any way permit to be sold, transferred, pledged, or otherwise disposed of (collectively, a “Disposition”) any
(i) shares of Common Stock; (ii) rights, options, or warrants to purchase shares of Common Stock (including, without limitation, shares of Common Stock that may be deemed to be beneficially owned by any such shareholder in accordance with
the applicable regulations of the Securities and Exchange Commission and shares of Common Stock that may be issued upon the exercise of a stock option, warrant or other convertible security), it being agreed, however, that neither the exercise of a
stock option nor the withholding or surrender of Securities (as defined below) to cover applicable taxes on an option exercise shall be considered a Disposition; or (iii) securities that are convertible or exchangeable into shares of Common
Stock now owned or hereafter acquired directly by such person or with respect to which such person has or hereafter acquires the power of disposition (collectively, the “Securities”) [to be inserted in Wachovia letter only: ; provided,
however, that the preceding restriction on Dispositions of Securities shall not (x) prohibit the undersigned from performing its obligations under that certain Option Agreement dated July 19, 2004, by and among the undersigned, J.P. Morgan
Direct Corporate Finance Institutional Investors LLC, J.P. Morgan Direct Corporate Finance Private Investors LLC, GTCR Fund VI, L.P. and Old Trafford Investment Pte. Ltd. (the “Option Agreement”) or (y) apply to any actions that may
be taken by the undersigned to cause the Company to maintain the effectiveness of the Registration Statement on Form S-3, No. 333-120163, including with respect to the filing of any amendment to such Registration Statement]. 

 The foregoing sentence shall not apply to the Disposition of any or all of the Securities (a) by gift, will or
operation of law, such as rules of descent and distribution, statutes governing the effects of a merger or a qualified domestic order, provided that in any such case it shall be a condition to the Disposition that the transferee execute an agreement
stating that the transferee is receiving and holding the Securities subject to the provisions of this Lock-up Letter and there shall be no further Disposition of such Securities except in accordance with this Lock-up Letter or (b) to the
Company through the exercise of a stock option granted pursuant to the Company’s stock option or incentive plans, in satisfaction of any tax withholding obligation of the undersigned or in payment of the exercise price for any stock option
exercised by the undersigned, (c) to another entity that holds Common Stock or securities convertible into or exchangeable or exercisable for Common Stock on the date hereof, provided that at the time of such Disposition such entity is party to
a lock-up agreement in favor of the Underwriters and the transfer is by a private transaction exempt from the registration requirements under the Securities Act or (d) to an affiliate (as that term is defined in Rule 405 under the Securities
Act of 1933, as amended (the “Securities Act”)) of the undersigned, provided that such affiliate agrees to be bound in writing by the restrictions set forth herein. 
  
 Notwithstanding the above, (i) if the Company issues an earnings release or material news or a material event relating
to the Company occurs during the last 17 days of the Lock-up Period, or (ii) if prior to the expiration of the Lock-up Period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the
Lock-up Period, the restrictions imposed by this Lock-up Letter shall continue to apply until the expiration of the 18-day period beginning on the issuance of the earnings release or the occurrence of the material news or material event, unless the
Representative waives, in writing, such extension [To be inserted in Wachovia letter only: (provided that nothing contained in this clause (c) shall restrict any transfers permitted under the Option Agreement)]. The undersigned hereby
acknowledges that the Company has agreed in the underwriting agreement relating to the Offering (the “Underwriting Agreement”) to provide written notice of any event that would result in an extension of the Lock-up Period to the
undersigned (in accordance with Section 6(k) of the Underwriting Agreement) and agrees that any such notice properly delivered will be deemed to have given to, and received by, the undersigned. The undersigned hereby further agrees that, prior
to engaging in any transaction or taking any other action that is subject to the terms of this Lock-up Letter during the period from the date of this Lock-up Letter to and including the 34th day following the expiration of the initial Lock-up
Period, he will give notice thereof to the Company and will not consummate such transaction or take any such action unless he has received written confirmation from the Company that the Lock-up Period (as such may have been extended pursuant to this
paragraph) has expired. 
  
 The foregoing restriction has been
expressly agreed to preclude the holder of the Securities from engaging in any hedging or other transaction which is designed to or reasonably expected to lead to or result in a Disposition of the Securities during the Lock-up Period, even if such
Securities would be disposed of by someone other than such holder. Such prohibited hedging or other transactions would include, without limitation, any short sale (whether or not against the box) or any purchase, sale or grant of any right
(including, without limitation, any put or call option) with respect to any Securities or with respect to any security (other than a broad-based market basket or index) that includes, relates to or derives any significant part of its value from the
Securities. The undersigned also agrees and consents to the entry of stop transfer instructions with the Company’s transfer agent and registrar against the transfer of Securities held by the undersigned except in compliance with the foregoing
restrictions. 

 The undersigned represents and warrants that the undersigned has full power and authority to enter into
this Lock-up Letter and acknowledges that this letter is enforceable against the undersigned by the Representative. This Lock-up Letter is irrevocable and will be binding on the undersigned and the respective successors, heirs, personal
representatives, and assigns of the undersigned. 
  
 If the
Underwriting Agreement relating to the Securities is not executed prior to January 31, 2006 or, it is executed but terminated in accordance with its terms prior to payment for and delivery of the Securities, the undersigned will be released
from the undersigned’s obligations under this agreement. 
  

	
	 Very truly yours,

	
	  

	[Name of officer or director]Term Loan Agreement

 Exhibit 10.1 
  

  
 Published CUSIP
Number:                                       
  
  
 TERM LOAN AGREEMENT 
  
 ($300,000,000) 
  
 Dated as of December 21, 2005 
  

among 
  
 GILEAD BIOPHARMACEUTICS IRELAND CORPORATION 
 as the Borrower, 
  
 BANK OF AMERICA, N.A., 
 as Administrative Agent, 
  
 The Other Lenders Party Hereto 
  
 and 
  
 ABN AMRO BANK N.V., 
  
 CITIBANK, N.A., 
  
 DEUTSCHE BANK TRUST COMPANY AMERICAS, 
  
 and

  
 MIZUHO CORPORATE BANK (USA), 
 as Co-Syndication Agents 
  

  
 BANC OF AMERICA SECURITIES LLC, 
 as 
 Sole Lead Arranger and Sole Book Manager

  

  

 TABLE OF CONTENTS 
  

					
	 	 	 	  	Page

	 ARTICLE I
	 	    DEFINITIONS AND ACCOUNTING TERMS	  	1
			
	 1.01
	 	Defined Terms	  	1
			
	 1.02
	 	Other Interpretive Provisions	  	20
			
	 1.03
	 	Accounting Terms	  	21
			
	 1.04
	 	Rounding	  	22
			
	 1.05
	 	Times of Day	  	22
			
	 ARTICLE II
	 	    LOANS	  	22
			
	 2.01
	 	The Loans	  	22
			
	 2.02
	 	Borrowings, Conversions and Continuations of Loans	  	22
			
	 2.03
	 	[Intentionally Omitted.]	  	24
			
	 2.04
	 	[Intentionally Omitted.]	  	24
			
	 2.05
	 	Prepayments	  	24
			
	 2.06
	 	Termination or Reduction of Commitments	  	24
			
	 2.07
	 	Repayment of Loans	  	24
			
	 2.08
	 	Interest	  	25
			
	 2.09
	 	Fees	  	25
			
	 2.10
	 	Computation of Interest and Fees	  	26
			
	 2.11
	 	Evidence of Debt	  	26
			
	 2.12
	 	Payments Generally; Administrative Agent’s Clawback	  	27
			
	 2.13
	 	Sharing of Payments by Lenders	  	28
			
	 ARTICLE III
	 	    TAXES, YIELD PROTECTION AND ILLEGALITY	  	29
			
	 3.01
	 	Taxes	  	29
			
	 3.02
	 	Illegality	  	31
			
	 3.03
	 	Inability to Determine Rates	  	31
			
	 3.04
	 	Increased Costs; Reserves on Eurodollar Rate Loans	  	32
			
	 3.05
	 	Compensation for Losses	  	33
			
	 3.06
	 	Mitigation Obligations; Replacement of Lenders	  	34
			
	 3.07
	 	Survival	  	34
			
	 ARTICLE IV
	 	    CONDITIONS PRECEDENT TO LOANS	  	34
			
	 4.01
	 	Conditions to Initial Loans	  	34
			
	 4.02
	 	Conditions to all Loans	  	36

  

 i 

 TABLE OF CONTENTS 
  

					
	 	 	 	  	Page

	 ARTICLE V
	 	    REPRESENTATIONS AND WARRANTIES	  	37
			
	 5.01
	 	Existence, Qualification and Power	  	37
			
	 5.02
	 	Authorization; No Contravention	  	37
			
	 5.03
	 	Governmental Authorization; Other Consents	  	37
			
	 5.04
	 	Binding Effect	  	37
			
	 5.05
	 	Financial Statements; No Material Adverse Effect; No Internal Control Event	  	38
			
	 5.06
	 	Litigation	  	38
			
	 5.07
	 	Ownership of Property; Liens	  	39
			
	 5.08
	 	Environmental Compliance	  	39
			
	 5.09
	 	Insurance	  	39
			
	 5.10
	 	Taxes	  	39
			
	 5.11
	 	ERISA Compliance	  	39
			
	 5.12
	 	Subsidiaries; Equity Interests	  	40
			
	 5.13
	 	Purpose of the Loans	  	40
			
	 5.14
	 	Margin Regulations; Investment Company Act; Public Utility Holding Company Act	  	40
			
	 5.15
	 	Disclosure	  	41
			
	 5.16
	 	Compliance with Laws	  	41
			
	 5.17
	 	Intellectual Property; Licenses, Etc	  	42
			
	 5.18
	 	Fraud and Abuse	  	42
			
	 5.19
	 	Licensing and Accreditation	  	43
			
	 5.20
	 	HIPPA Compliance	  	43
			
	 5.21
	 	Representations as to Foreign Obligors	  	44
			
	 ARTICLE VI
	 	    AFFIRMATIVE COVENANTS	  	45
			
	 6.01
	 	Financial Statements	  	45
			
	 6.02
	 	Certificates; Other Information	  	45
			
	 6.03
	 	Notices	  	47
			
	 6.04
	 	Payment of Obligations	  	48
			
	 6.05
	 	Preservation of Existence, Etc	  	48
			
	 6.06
	 	Maintenance of Properties	  	48
			
	 6.07
	 	Maintenance of Insurance	  	49
			
	 6.08
	 	Compliance with Laws	  	49

  

 ii 

 TABLE OF CONTENTS 
  

					
	 	 	 	  	Page

	 6.09
	 	Books and Records	  	49
			
	 6.10
	 	Use of Proceeds	  	49
			
	 6.11
	 	Additional Subsidiary Guarantors	  	49
			
	 ARTICLE VII
	 	    NEGATIVE COVENANTS	  	50
			
	 7.01
	 	Liens	  	50
			
	 7.02
	 	[Intentionally Omitted.]	  	51
			
	 7.03
	 	Indebtedness	  	51
			
	 7.04
	 	Fundamental Changes	  	51
			
	 7.05
	 	Dispositions	  	52
			
	 7.06
	 	[Intentionally Omitted.]	  	53
			
	 7.07
	 	Change in Nature of Business	  	53
			
	 7.08
	 	Transactions with Affiliates	  	53
			
	 7.09
	 	Burdensome Agreements	  	53
			
	 7.10
	 	Use of Proceeds	  	53
			
	 7.11
	 	Financial Covenants	  	53
			
	 ARTICLE VIII
	 	    EVENTS OF DEFAULT AND REMEDIES	  	54
			
	 8.01
	 	Events of Default	  	54
			
	 8.02
	 	Remedies Upon Event of Default	  	56
			
	 8.03
	 	Application of Funds	  	56
			
	 ARTICLE IX
	 	    ADMINISTRATIVE AGENT	  	57
			
	 9.01
	 	Appointment and Authority	  	57
			
	 9.02
	 	Rights as a Lender	  	57
			
	 9.03
	 	Exculpatory Provisions	  	57
			
	 9.04
	 	Reliance by Administrative Agent	  	58
			
	 9.05
	 	Delegation of Duties	  	59
			
	 9.06
	 	Resignation of Administrative Agent	  	59
			
	 9.07
	 	Non-Reliance on Administrative Agent and Other Lenders	  	59
			
	 9.08
	 	No Other Duties, Etc	  	60
			
	 9.09
	 	Administrative Agent May File Proofs of Claim	  	60
			
	 9.10
	 	Guaranty Matters	  	60
			
	 ARTICLE X
	 	    MISCELLANEOUS	  	61
			
	 10.01
	 	Amendments, Etc	  	61

  

 iii 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page

	 10.02
	  	Notices; Effectiveness; Electronic Communications	  	62
			
	 10.03
	  	No Waiver; Cumulative Remedies	  	64
			
	 10.04
	  	Expenses; Indemnity; Damage Waiver	  	64
			
	 10.05
	  	Payments Set Aside	  	66
			
	 10.06
	  	Successors and Assigns	  	66
			
	 10.07
	  	Treatment of Certain Information; Confidentiality	  	69
			
	 10.08
	  	Right of Setoff	  	70
			
	 10.09
	  	Interest Rate Limitation	  	70
			
	 10.10
	  	Counterparts; Integration; Effectiveness	  	70
			
	 10.11
	  	Survival of Representations and Warranties	  	71
			
	 10.12
	  	Severability	  	71
			
	 10.13
	  	Replacement of Lenders	  	71
			
	 10.14
	  	Governing Law; Jurisdiction; Etc	  	72
			
	 10.15
	  	Waiver of Jury Trial	  	73
			
	 10.16
	  	USA PATRIOT Act Notice	  	73
			
	 SIGNATURES
	  	 	  	S-1

  

 iv 

 SCHEDULES 
  

					
	 	 	 2.01
	  	Commitments and Applicable Percentages
	 	 	 5.12
	  	Material Subsidiaries
	 	 	 7.01
	  	Existing Liens
	 	 	 10.02
	  	Administrative Agent’s Office, Certain Addresses for Notices

  
 EXHIBITS 
  

					
	 	 	Form of
	 	 	 A
	  	 Loan Notice

	 	 	 B
	  	 Note

	 	 	 C
	  	 Compliance Certificate

	 	 	 D
	  	 Assignment and Assumption

	 	 	 E-1
	  	 Parent Guaranty Agreement

	 	 	 E-2
	  	 Subsidiary Guaranty Agreement

	 	 	 F
	  	 Opinion Matters

	 	 	 G
	  	 Joinder Agreement

  

 v 

 TERM LOAN AGREEMENT 
  
 This TERM LOAN AGREEMENT is entered into as of December 21, 2005, among GILEAD BIOPHARMACEUTICS IRELAND CORPORATION
(the “Borrower”), an Irish company, each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent.

  
 WITNESSETH:

  
 WHEREAS, the Borrower has requested that the Lenders
provide a term loan facility, and the Lenders are willing to do so on the terms and conditions set forth herein; 
  
 WHEREAS, under the Loan Documents (as defined below), Gilead Biopharmaceutics Ireland Corporation will be the borrower, and Gilead Sciences, Inc. and
certain of its subsidiaries will be guarantors, in each case, as set forth in the applicable Loan Documents; 
  
 NOW THEREFORE, in consideration of the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows: 
  
 ARTICLE I 
 DEFINITIONS AND ACCOUNTING TERMS 
  
 1.01 Defined Terms. As used in this Agreement, the following terms shall have the meanings set forth below: 
  
 “Administrative Agent” means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor
administrative agent. 
  
 “Administrative Agent’s
Office” means the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the
Lenders. 
  
 “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. 
  
 “Aggregate Commitments” means the
Commitments of all the Lenders. 
  
 “Agreement”
means this Term Loan Agreement, as amended, amended and restated, supplemented or otherwise modified from time to time. 
  
 “Applicable Foreign Obligor Documents” has the meaning specified in Section 5.21. 
  
 “Applicable Percentage” means with respect to any Lender at
any time, the percentage (carried out to the ninth decimal place) of (a) at any time prior to the initial Borrowing, the 

 Aggregate Commitments of all Lenders represented by such Lender’s Commitment at such time and (b) at any time
after such Borrowing, the Outstanding Amount of all Loans of all Lenders represented by such Lender’s Loans thereunder. The initial Applicable Percentage of each Lender is set forth opposite the name of such Lender on Schedule 2.01 or in
the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable. 
  
 “Applicable Rate” means the following percentages per annum, based upon the Consolidated Leverage Ratio as set forth in the most recent
Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(b): 
  

						
	 Pricing
 Level

	  	 Consolidated
 Leverage Ratio

	  	Eurodollar
Rate

	 
	 I
	  	< 1.00 to 1.00	  	0.40	%
	 II
	  	3 1.00 to 1.00 but
< 2.00 to 1.00	  	0.50	%
	 III
	  	3 2.00 to 1.00	  	0.625	%

  
 Any increase or
decrease in the Applicable Rate resulting from a change in the Consolidated 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, however, that if a Compliance Certificate is not delivered when due in accordance with such Section, then Pricing Level III shall apply as of the first Business Day after the date on which such
Compliance Certificate was required to have been delivered until such time such Compliance Certificate is delivered. The Applicable Rate in effect during the period from the Closing Date until the initial quarterly Compliance Certificate is
delivered shall be determined based upon Pricing Level I. 
  
 “Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. 
  
 “Arranger” means Banc of America Securities, in its capacity
as sole lead arranger and sole book manager. 
  
 “Assignee
Group” means two or more Eligible Assignees that are Affiliates of one another or two or more Approved Funds managed by the same investment advisor. 
  
 “Assignment and Assumption” means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the consent of any
party whose consent is required by Section 10.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit D or any other form approved by the Administrative Agent. 
  

 2 

 “Attributable Indebtedness” means, on any date, (a) 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, and (b) in respect of any Off-Balance Sheet Obligation, (i) in the case of an
Off-Balance Sheet Obligation in an asset securitization transaction of the type described under clause (a) of the definition thereof, the unrecovered investment of transferees in transferred assets as to which such Person has or may have
recourse obligations; or (ii) in the case of an Off-Balance Sheet Obligation in an off-balance sheet lease transaction of the type described under clauses (b), (c) and (d) of the definition thereof, the capitalized amount of the
remaining lease payments under the relevant lease that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease were accounted for as a Capitalized Lease. 
  
 “Audited Financial Statements” means the audited
consolidated balance sheets of the Parent and its Subsidiaries for the fiscal years ended December 31, 2002, December 31, 2003 and December 31, 2004, and the related consolidated statements of operations, shareholders’
equity and cash flows for each fiscal year of the Parent and its Subsidiaries, including the notes thereto. 
  
 “Bank of America” means Bank of America, N.A. and its successors. 
  
 “Banc of America Securities” means Banc of America Securities LLC and its successors. 
  
 “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 Bank of America as its “prime rate.” The “prime rate” is a
rate set by Bank of America based upon various factors including Bank of America’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 Bank of America 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 at the
Base Rate. 
  
 “Borrower” has the meaning
specified in the introductory paragraph to this Agreement. 
  
 “Borrowing” means a borrowing consisting of simultaneous Loans of the same Type and, in the case of Eurodollar Rate Loans having the same Interest Period, made by the Lenders pursuant to Section 2.01.

  
 “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, the state where the Administrative Agent’s Office is located and, if such day relates to any Eurodollar Rate Loan,
means any such day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market. 
  
 “Capitalized Lease” means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee
which in accordance with GAAP, is or should be accounted for, as a capital lease on the balance sheet of such Person. 
  

 3 

 “Cash Management Bank” means any party to a Cash Management Services Agreement with the
Parent or any of its Subsidiaries which party is Bank of America, any Lender or any other Person approved by the Borrower and the Administrative Agent, and any Affiliate of any thereof. 
  
 “Cash Management Services Agreement” means any agreement to provide management services, including
treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management services that is entered into by and between a Loan Party and any Cash Management Bank. 
  
 “CHAMPUS” means the United States Department of Defense
Civilian Health and Medical Program of the Uniformed Services, and its successor, the TriCare Management Activity. 
  
 “Change in Law” means the occurrence, after the date of this Agreement, of any of the following: (a) the adoption or taking effect
of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation or application thereof by any Governmental Authority or (c) the making or issuance of any request,
guideline or directive (whether or not having the force of law) by any Governmental Authority. 
  
 “Change of Control” means, with respect to any Person, an event or series of events by which: 
  
 (a) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of
1934, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) becomes the “beneficial owner” (as
defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group shall be deemed to have “beneficial ownership” of all securities that such person or group has the right to acquire (such right, an
“option right”), whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of 33% or more of the equity securities of the Parent entitled to vote for members of the board of directors
or equivalent governing body of the Parent on a fully-diluted basis (and taking into account all such securities that such person or group has the right to acquire pursuant to any option right); or 
  
 (b) the Parent shall cease to own, directly or indirectly,
100% of the Borrower on a fully diluted basis (and taking into account all such securities that any person or group has the right to acquire pursuant to any option right); or 
  
 (c) during any period of 12 consecutive months, a majority of the members of the board of directors or other
equivalent governing body of the Parent or the Borrower cease to be composed of individuals whose election or nomination to that board or equivalent governing body was approved by members of such board or equivalent body constituting at the time of
such election or nomination at least 66 2/3% of that board or equivalent governing body (excluding any individual whose initial nomination for, or assumption of office as, a member of that board or equivalent governing body occurs as a 

 

 4 

 result of an actual or threatened solicitation of proxies or consents for the election or removal of one
or more directors by any Person or group other than a solicitation for the election of one or more directors by or on behalf of the board of directors). 
  
 “Closing Date” means the first date all the conditions precedent in Section 4.01 are satisfied or waived in accordance with
Section 4.01 (or, in the case of Section 4.01(b), waived by the Person entitled to receive the applicable payment). 
  
 “CMS” means the Centers for Medicare and Medicaid Services or any successor thereof. 
  
 “Code” means the Internal Revenue Code of 1986. 

 
 “Commitment” means, as to each Lender, its obligation to
make Loans to the Borrower pursuant to Section 2.01 in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and 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, and “Commitments” means the Commitments of all the Lenders. 
  
 “Company Materials” has the meaning specified in Section
6.02. 
  
 “Compliance Certificate” means a
certificate substantially in the form of Exhibit C hereto. 
  
 “Consolidated EBITDA” means, for any period, for the Parent and its Subsidiaries determined on a consolidated basis, an amount equal to Consolidated Net Income for such period, plus (a) the following to the extent
deducted in calculating such Consolidated Net Income: (i) Consolidated Interest Charges for such period; (ii) the provision for Federal, state, local and foreign income taxes for such period; (iii) depreciation and amortization expense for such
period; (iv) non-cash stock-based employee compensation expense for such period; and (v) other expenses reducing such Consolidated Net Income which do not represent a cash item in such period or any future period and minus (b) the following
to the extent included in calculating such Consolidated Net Income: (i) Federal, state, local and foreign income tax credits for such period and (ii) all non-cash items increasing Consolidated Net Income for such period. 
  
 “Consolidated Funded Indebtedness” means, for the Parent and
its Subsidiaries determined on a consolidated basis, as of any date of determination, without duplication, the sum of (a) the outstanding principal amount of all obligations, whether current or long-term, for borrowed money (including Obligations
hereunder) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments, (b) all purchase money Indebtedness (except as provided in clause (d) below), (c) all direct obligations arising under letters of
credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments, (d) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in
the ordinary course of business and, except those being contested in good faith, not past due more than 60 days after the due date on which each such trade payable or account payable was created), (e) Attributable Indebtedness in respect of
Capitalized Leases and Off-Balance Sheet Obligations, (f) without duplication, all Guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) through 
  

 5 

 (e) above of a Person other than the Parent or any Subsidiary, and (g) all Indebtedness of the types referred to in
clauses (a) through (f) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which Parent or a Subsidiary is a general partner or joint venturer, unless such
Indebtedness is expressly made non-recourse to the Parent or any such Subsidiary. 
  
 “Consolidated Interest Charges” means, for any period, for the Parent and its Subsidiaries determined on a consolidated basis, the sum of (a) all interest, premium payments, debt discount, fees,
charges and related expenses in connection with Indebtedness (including capitalized interest) or in connection with the deferred purchase price of assets, in each case to the extent treated as interest in accordance with GAAP, and (b) the
portion of rent expense with respect to such period under Capitalized Leases that is treated as interest in accordance with GAAP. 
  
 “Consolidated Interest Coverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated EBITDA for the period
of the four prior fiscal quarters ending on such date to (b) Consolidated Interest Charges for such period. 
  
 “Consolidated Leverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such
date to (b) Consolidated EBITDA for the period of the four fiscal quarters most recently ended. 
  
 “Consolidated Net Income” means, for any period, for the Parent and the Subsidiaries on a consolidated basis in accordance with GAAP, the
net income (excluding extraordinary gains and extraordinary losses) for that period. 
  
 “Consolidated Tangible Net Worth” means, as of any date of determination, for the Parent and its Subsidiaries on a consolidated basis, Shareholders’ Equity on that date minus Intangible Assets on
that date. 
  
 “Consolidated Total Debt” means,
as of any date of determination, Indebtedness of the Parent and its Subsidiaries, calculated on a consolidated basis in accordance with GAAP. 
  
 “Consolidated Total Capitalization” means, as of any date of determination, the sum of (a) Consolidated Total Debt and
(b) Shareholders’ Equity of the Parent and its Subsidiaries, calculated on a consolidated basis in accordance with GAAP. 
  
 “Consolidated Total Debt to Total Capitalization Ratio” means, the ratio at any fiscal quarter end of (a) Consolidated Total Debt to
(b) Consolidated Total Capitalization. 
  
 “Contract
Provider” means any person or any employee, agent or subcontractor of such Person who provides professional health care services under or pursuant to any contract with any Loan Party. 
  
 “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. 
  

 6 

 “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, Ireland 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) in
the case of Eurodollar Rate Loans, the sum of (i) the Eurodollar Rate for such Loans plus (ii) the Applicable Rate applicable to such Loans, plus (iii) 2% per annum and (b) in the case of Base Rate Loans and
for all other Obligations, the sum of (i) the Base Rate for Base Rate Loans plus (ii) 2% per annum. 
  
 “Defaulting Lender” means any Lender that (a) has failed to fund any portion of a Borrowing required to be funded by it hereunder
within one Business Day of the date required to be funded by it hereunder, (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 Business Day of the
date when due, unless the subject of a good faith dispute, or (c) has been deemed insolvent or become the subject of a bankruptcy or insolvency proceeding. 
  

“Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition (including any sale and
leaseback transaction) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes issued by any other Person or accounts receivable or any rights and claims associated therewith
or any capital stock of, or other Equity Interests in, any other Person; provided that the foregoing shall not be deemed to imply any such disposition is permitted under this Agreement. 
  
 “Dollar” and “$” mean lawful money of the
United States. 
  
 “Domestic Subsidiary” means
any Subsidiary that is organized under the Laws of any political subdivision of the United States. 
  
 “Eligible Assignee” means (a) a Lender; (b) an Affiliate of a Lender; (c) an Approved Fund; and (d) any other Person
(other than a natural person) approved by (i) the Administrative Agent, and (ii) unless an Event of Default has occurred and is continuing, the Borrower (each such approval not to be unreasonably withheld or delayed); provided that
notwithstanding the foregoing, “Eligible Assignee” shall not include the Parent, the Borrower or any of its Affiliates or Subsidiaries. 
  
 “Environmental Laws” means any and all 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 and the protection of the environment or the release of any materials into the environment, including those related to
hazardous substances or wastes, air emissions and discharges to waste or public systems. 
  

 7 

 “Environmental Liability” means any liability, contingent or otherwise (including any
liability for damages, costs of environmental remediation, fines, penalties or indemnities), of any 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. 
  
 “Equity Interests” means, with respect to any Person, all of the shares of capital stock of (or other
ownership or profit interests in) such Person, all of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests in) such Person, all of the securities
convertible into or exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such other interests), and all
of the other ownership or profit interests in such Person (including partnership, member or trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests are outstanding on any
date of determination. 
  
 “ERISA” means the
Employee Retirement Income Security Act of 1974. 
  
 “ERISA Affiliate” means any trade or business (whether or not incorporated) under common control with the Parent within the meaning of Section 414(b) or (c) of the Code (and Sections 414(m) and (o) of the
Code for purposes of provisions relating to Section 412 of the Code). 
  
 “ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) a withdrawal by the Parent, 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 the Parent 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 Pension Plan amendment as a
termination under Section 4041(c) 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; or (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 the Parent, or any ERISA Affiliate. 
  
 “Eurodollar Rate” means, for any Interest Period with respect to a Eurodollar Rate Loan, the rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or
other commercially available source providing quotations of BBA LIBOR as designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, for
Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period. If such rate is not available at such time for any reason, then the 
  

 8 

 “Eurodollar Rate” for such Interest Period shall be the rate per annum determined by the Administrative Agent
to be the rate at which deposits in Dollars for delivery on the first day of such Interest Period in same day funds in the approximate amount of the Eurodollar Rate Loan being made, continued or converted by Bank of America and with a term
equivalent to such Interest Period would be offered by Bank of America’s London Branch to major banks in the London interbank eurodollar market at their request at approximately 11:00 a.m. (London time) two Business Days prior to the
commencement of such Interest Period. 
  
 “Eurodollar Rate
Loan” means a Loan that bears interest at the Eurodollar Rate. 
  
 “Event of Default” has the meaning specified in Section 8.01. 
  
 “Excluded Taxes” means, with respect to the Administrative Agent, any Lender or any other recipient of any payment to be made by or on
account of any obligation of any Loan Party under any of the Loan Documents, (a) taxes imposed on or measured by its overall net income (however denominated), and franchise taxes imposed on it (in lieu of net income taxes), as a result of a
present or former connection between the Administrative Agent or such Lender (or any other recipient of any payment to be made by or on account of any obligation of any Loan Party under any of the Loan Documents) and the jurisdiction of the
Governmental Authority imposing such tax or any political subdivision or taxing authority thereof or therein (other than any such connection arising solely from the Administrative Agent or Lender (or any other recipient of any payment to be made by
or on account of any obligation of any Loan Party under any of the Loan Documents) having executed, delivered or performed its obligations or received a payment under, or enforced, this Agreement or any other Loan Document), (b) any branch
profits taxes imposed by the United States or any similar tax imposed by any other jurisdiction in which such Loan Party is located and (c) in the case of a Foreign Lender (other than a Foreign Lender who becomes a Lender as a result of an
assignment to such Lender pursuant to a request by the Borrower under Section 10.13), any withholding tax that is imposed on amounts payable to such Foreign Lender at the time such Foreign Lender becomes a party hereto (or designates a
new Lending Office) or is attributable to such Foreign Lender’s failure or inability (other than as a result of a Change in Law) to comply with Section 3.01(e), except to the extent that such Foreign Lender (or its assignor, if any)
was entitled, at the time of designation of a new Lending Office (or assignment), to receive additional amounts from such Loan Party with respect to such withholding tax pursuant to Section 3.01(a). 
  
 “Exclusion Event” means an event or related events resulting
in the exclusion of any Loan Party from participation in any Medical Reimbursement Program. 
  
 “Federal Funds Rate” means, for any day, the rate per annum equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by
Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such
rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the
average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Bank of America on such day on such transactions as determined by the Administrative Agent. 
  

 9 

 “Fee Letter” means the fee letter agreement, dated November 9, 2005, among the
Parent, the Borrower, the Administrative Agent and the Arranger. 
  
 “Foreign Lender” means any Lender that is organized under the laws of a jurisdiction other than that in which a Loan Party is resident for tax purposes. For purposes of this definition, the United States, each State thereof
and the District of Columbia shall be deemed to constitute a single jurisdiction. 
  
 “Foreign Obligor” means a Loan Party that is a Foreign Subsidiary. 
  
 “Foreign Subsidiary” means a Subsidiary that is not organized under the laws of a political subdivision of the United States or a state
thereof. 
  
 “FRB” means the Board of Governors
of the Federal Reserve System of the United States. 
  
 “Fund” means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its
business. 
  
 “GAAP” means generally accepted
accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting
Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied. 
  
 “Governmental Authority” means the government of the United
States or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing,
regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 
  
 “Guarantor” means, individually, the Parent and each Subsidiary Guarantor and collectively, the
“Guarantors”. 
  
 “Guarantee”
means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other 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
obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation,
(iii) to maintain working 
  

 10 

 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 obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other 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 obligation of any other Person, whether or not such
Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). 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. 
  
 “Guaranty Agreement” means, individually, the Parent Guaranty Agreement and each Subsidiary Guaranty Agreement made by the Parent and
each Subsidiary Guarantor, respectively, in favor of the Administrative Agent on behalf of the Lenders and collectively, the “Guaranty Agreements”. 
  
 “Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic
substances, wastes or other 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. 
  
 “HHS” means the United States Department of Health and Human Services and any successor thereof. 
  
 “HIPAA” means the Health Insurance Portability and Accountability Act of 1996, as the same may be amended, modified or supplemented from
time to time, and any rules or regulations promulgated from time to time thereunder and any other comparable Laws of other applicable jurisdictions. 
  
 “HIPAA Compliance Date” has the meaning specified in Section 5.20. 
  
 “HIPAA Compliance Plan” has the meaning specified in
Section 5.20. 
  
 “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 obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds,
debentures, notes, loan agreements or other similar instruments; 
  
 (b) all direct or contingent obligations of such Person arising under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; 

 

 11 

 (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 trade accounts payable in the ordinary course of business); 
  
 (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), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; 
  
 (f) Capitalized Leases and Off-Balance Sheet Obligations; and 
  
 (g) all Guarantees of such Person in respect of any of the
foregoing. 
  
 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, unless such Indebtedness
is expressly made non-recourse to such Person. 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 any Capitalized Lease or Off-Balance Sheet
Obligation as of any date shall be deemed to be the amount of Attributable Indebtedness in respect thereof as of such date. 
  
 “Indemnified Taxes” means Taxes other than Excluded Taxes. 
  
 “Indemnitees” has the meaning specified in Section 10.04(b). 
  
 “Information” has the meaning specified in
Section 10.07. 
  
 “Intangible
Assets” means assets that are considered to be intangible assets under GAAP, including customer lists, goodwill, computer software, copyrights, trade names, trademarks, patents, franchises, licenses, unamortized deferred charges,
unamortized debt discount and capitalized research and development costs. 
  
 “Interest Payment Date” means, (a) as to any Eurodollar Rate Loan, the last day of each Interest Period applicable to such Loan and the Maturity Date; provided, however, that if any
Interest Period for a Eurodollar 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, the last
Business Day of each March, June, September and December and the Maturity Date. 
  
 “Interest Period” means, as to each Eurodollar Rate Loan, the period commencing on the date such Eurodollar Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan and ending on
the date one, two, three or six months thereafter, as selected by the Parent in its Loan Notice; provided that: 
  
 (i) 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, in the case of a Eurodollar Rate Loan, unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the immediately preceding Business Day; 
  

 12 

 (ii) any Interest Period pertaining to a Eurodollar Rate Loan that begins on the last
Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period;
and 
  
 (iii) no Interest Period shall extend
beyond the Maturity Date for the applicable Loan. 
  
 “Internal Control Event” means a material weakness in, or fraud that involves management or other employees who have a significant role in, the Parent’s and its Subsidiaries’ internal controls over financial
reporting, in each case as described in the Securities Laws. 
  
 “IP Rights” has the meaning specified in Section 5.17. 
  
 “IRS” means the United States Internal Revenue Service. 
  
 “Joinder Agreement” means a joinder agreement executed and delivered in accordance with the provisions of Section 6.11,
substantially in the form of Exhibit G hereto. 
  
 “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 (including without limitation, food and drug and health care and medical related laws, rules and regulations, and laws, rules and regulations
regulating contractors to foreign, Federal, state and local governments). 
  
 “Lender” has the meaning specified in the introductory paragraph hereto and, as the context requires, includes each Lender with a commitment to make Loans as designated in Section 2.01 or
in an Assignment and Assumption pursuant to which such Lender becomes a party hereto. 
  
 “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 to which a
Lender may from time to time notify the Borrower and the Administrative Agent. 
  
 “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 in the nature of a security interest 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 financing lease
having substantially the same economic effect as any of the foregoing). 
  

 13 

 “Loan” has the meaning specified in Section 2.01. 
  
 “Loan Documents” means, collectively (a) for purposes
of this Agreement and the Notes, or any amendment, supplement or modification hereof or thereof, and all other purposes other than for purposes of the Guaranty Agreements and Section 8.03, this Agreement, the Notes, the Fee Letter and
the Guaranty Agreements, and (b) for purposes of the Guaranty Agreements and Section 8.03, the documents specified in the preceding clause (a) and each Swap Contract and Cash Management Services Agreement. 
  
 “Loan Notice” means a notice of (a) a Borrowing,
(b) a conversion of Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, in each case, if in writing, shall be substantially in the form of Exhibit A
hereto. 
  
 “Loan Parties” means, collectively,
the Borrower under this Agreement, the Parent under the Parent Guaranty Agreement, and each Subsidiary under a Subsidiary Guaranty Agreement. The use of the term “Loan Parties” does not alter the status of the Borrower as obligor under
this Agreement or the status of the Parent and the Subsidiaries as Guarantors (and not as co-borrowers) under the Loan Documents. 
  
 “Material Adverse Effect” means (a) a material adverse change in, or a material adverse effect upon, the business, assets,
properties or financial condition of the Borrower, or the Parent, the Borrower and their respective Subsidiaries taken as a whole; (b) an adverse effect on the ability of any Loan Party to perform its obligations under any Loan Document to
which it is a party; (c) a material adverse effect upon the legality, validity, binding effect or enforceability against any Loan Party of any Loan Document to which it is a party or (d) a material impairment of the rights, powers or
remedies of the Administrative Agent or any Lender under the Loan Documents. 
  
 “Material Contractual Obligation” means, each agreement or instrument to which the Parent or any Subsidiary is a party to and which is described in Section 601(b)(4) or (10) of Regulation
S-K and which is required to be filed with the SEC in the Parent’s periodic filings or on Form 8-K. 
  
 “Material Subsidiary” means, as at the date of any determination, any Subsidiary of the Parent, that (a) individually, owned more
than 7.5% of the consolidated total assets of the Parent and its Subsidiaries or (b) individually accounted for more than 7.5% of the consolidated income from operations of the Parent and its Subsidiaries or in each case determined based on the
most recent financial statements of the Parent filed with the SEC. For purposes of this definition, a Subsidiary organized, created, purchased or acquired during any fiscal quarter shall be given pro forma effect as though it had been created,
purchased or acquired on the first day of such fiscal quarter. For purposes of Section 6.11, if more than one Person becomes a Subsidiary as a result of a single transaction or a series of related transactions, and such Persons are not
consolidated with each other, then all such Persons shall be considered as a single Person for purposes of this definition, except that 15% shall be substituted for 7.5% in determining whether all such Persons constitute a Material Subsidiary.

  

 14 

 “Maturity Date” means December 20, 2010. 
  
 “Medicaid” means that government-sponsored entitlement
program under Title XIX, P.L. 89-97 of the Social Security Act, which provides Federal grants to states for medical assistance based on specific eligibility criteria, as set forth on Section 1396, et seq. of Title 42 of the United States Code,
as amended and any other comparable programs in other applicable jurisdictions. 
  
 “Medicaid Regulations” means, collectively, (a) all Federal statutes (whether set forth in Title XIX of the Social Security Act or elsewhere) affecting the medical assistance program established
by Title XIX of the Social Security Act and any statutes succeeding thereto, (b) all applicable provisions of all Federal rules, regulations, manuals and orders of all Governmental Authorities promulgated pursuant to or in connection with the
statutes described in clause (a) above and all Federal administrative, reimbursement and other guidelines of all Governmental Authorities having the force of law promulgated pursuant to or in connection with the statutes described in clause
(a) above, (c) all state or other political subdivision statutes and plans for medical assistance enacted in connection with the statutes and provisions described in clauses (a) and (b) above, (d) all applicable provisions
of all rules, regulations, manuals and orders of all Governmental Authorities promulgated pursuant to or in connection with the statutes described in clause (c) above and all state administrative, reimbursement and other guidelines of all
Governmental Authorities having the force of law promulgated pursuant to or in connection with the statutes described in clause (b) above, in each case as may be amended, supplemented or otherwise modified from time to time and (e) any
other comparable Laws of other applicable jurisdictions. 
  
 “Medical Reimbursement Programs” means a collective reference to the Medicare, Medicaid and CHAMPUS programs and any other health care program operated by or financed in whole or in part by any domestic Federal, state or
local government and any other comparable programs in other applicable jurisdictions. 
  
 “Medicare” means that government-sponsored insurance program under Title XVIII, P.L. 89-97, of the Social Security Act, which provides for a health insurance system for eligible elderly and disabled
individuals, as set forth at Section 1395, et seq. of Title 42 of the United States Code, as amended and any other comparable programs in other applicable jurisdictions. 
  
 “Medicare Regulations” means, collectively, all Federal statutes (whether set forth in Title XVIII of the
Social Security Act or elsewhere) affecting the health insurance program for the aged and disabled established by Title XVIII of the Social Security Act and any statutes succeeding thereto, together with all applicable provisions of all rules,
regulations, manuals and orders and administrative, reimbursement and other guidelines having the force of law and all applicable provisions of all rules, regulations, manuals and orders and administrative, reimbursement and other guidelines having
the force of law of all Governmental Authorities (including, without limitation, CMS, the OIG, HHS, or any person succeeding to the functions of the foregoing) promulgated pursuant to or in connection with any of the foregoing having the force of
law, as each may be amended, supplemented or otherwise modified from time to time and any other comparable Laws of other applicable jurisdictions. 
  

 15 

 “Multiemployer Plan” means any employee benefit plan of the type described in
Section 4001(a)(3) of ERISA, to which the Parent or any ERISA Affiliate makes or is obligated to make contributions. 
  
 “Note” means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form
of Exhibit B hereto. 
  
 “Obligations” of
a Loan Party means (a) in the case of the Borrower, all advances to, and debts, liabilities, obligations, covenants and duties of any Loan Party arising under this Agreement, any other Loan Document to which the Borrower is a party or otherwise
with respect to any Loan, and, for purposes of determining the obligations of the Borrower that are guaranteed by any Guarantor pursuant to a Guaranty Agreement and for purposes of Section 8.03, such obligations shall include, any Swap
Contract and Cash Management Services Agreement, (b) in the case of the Parent, all liabilities, obligations, covenants and duties of the Parent arising under the Parent Guaranty Agreement and any other Loan Document to which the Parent is a
party, and (c) in the case of each Subsidiary Guarantor, all liabilities, obligations, covenants and duties of such Subsidiary Guarantor under the Subsidiary Guaranty Agreement and the other Loan Documents to which it is party, in each case,
whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or
any Affiliate thereof 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, (i) the Obligations of the Borrower under the Loan Documents include (A) the obligation to pay principal, interest, charges, expenses, fees, attorney fees and disbursements, indemnities and other amounts payable by it under any
Loan Document, and (B) the obligations of the Borrower 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 the Borrower and (ii) the Obligations of
each Guarantor included in the Guaranteed Obligations (as defined in each Guaranty Agreement). 
  
 “Off-Balance Sheet Obligations” means, with respect to any Person as of any date of determination thereof, without duplication and to the extent not included as a liability on the consolidated balance
sheet of such Person and its Subsidiaries in accordance with GAAP: (a) with respect to any asset securitization transaction (including any accounts receivable purchase facility) (i) the unrecovered investment of purchasers or transferees
of assets so transferred and (ii) any other payment, recourse, repurchase, hold harmless, indemnity or similar obligation of such Person or any of its Subsidiaries in respect of assets transferred or payments made in respect thereof, other than
limited recourse provisions that are customary for transactions of such type and that neither (x) have the effect of limiting the loss or credit risk of such purchasers or transferees with respect to payment or performance by the obligors of
the assets so transferred nor (y) impair the characterization of the transaction as a true sale under applicable Laws (including Debtor Relief Laws); (b) the monetary obligations under any financing lease or so-called
“synthetic,” tax retention or off-balance sheet lease transaction which, upon the application of any Debtor Relief Law to such Person or any of its Subsidiaries, would be 
  

 16 

 characterized as indebtedness (which, for avoidance of doubt, shall not include operating leases or leases of assets or
property, in each case, entered into in the ordinary course of business); (c) the monetary obligations under any sale and leaseback transaction which does not create a liability on the consolidated balance sheet of such Person and its
Subsidiaries; or (d) any other monetary obligation arising with respect to any other transaction which is characterized as indebtedness for tax purposes but not for accounting purposes in accordance with GAAP. 
  
 “OIG” means the Officer of Inspector General of HHS and any
successor thereof. 
  
 “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 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” means all present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies
arising from any payment made hereunder or under any other Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other Loan Document. 
  
 “Outstanding Amount” means with respect to Loans on any
date, the aggregate principal amount thereof after giving effect to any borrowings and prepayments or repayments of Loans occurring on such date. 
  
 “Parent” means Gilead Sciences, Inc., a Delaware corporation. 
  
 “Parent Guaranty Agreement” means the Parent Guaranty Agreement made by the Parent in favor of the
Administrative Agent on behalf of the Lenders, substantially in the form of Exhibit E-1. 
  
 “Participant” has the meaning specified in Section 10.06(d). 
  
 “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 Title IV of ERISA and is sponsored or maintained by the Parent or any ERISA Affiliate or to which the Parent or any ERISA
Affiliate contributes or has an obligation to contribute. 
  
 “Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. 
  

 17 

 “Plan” means any “employee benefit plan” (as such term is defined in
Section 3(3) of ERISA) established by the Parent or, with respect to any such plan that is subject to Section 412 of the Code or Title IV of ERISA, any ERISA Affiliate. 
  
 “Platform” has the meaning specified in Section 6.02. 
  
 “Public Lender” has the meaning specified in
Section 6.02. 
  
 “Register” has the
meaning specified in Section 10.06(c). 
  
 “Registered Public Accounting Firm” has the meaning specified in the Securities Laws and shall be independent of the Parent as prescribed by the Securities Laws. 
  
 “Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners,
directors, officers, employees, agents and advisors of such Person and of such Person’s Affiliates. 
  
 “Reportable Event” means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30 day notice
period has been waived. 
  
 “Required Lenders”
means, as of any date of determination, Lenders having more than 50% of the Aggregate Commitments or, after the commitment of each Lender to make Loans has been terminated pursuant to Section 2.06, Lenders holding in the aggregate more
than 50% of the Total Outstandings as of such date; provided that the Commitment of, and the portion of the 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
director (as an officer), chief executive officer, president, chief financial officer, treasurer or assistant treasurer 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. 
  
 “Restricted Payment” means any dividend or other
distribution (whether in cash, securities or other property) with respect to any capital stock or other Equity Interest of the Borrower, the Parent or any Subsidiary thereof, or any payment (whether in cash, securities or other property), including
any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such capital stock or other Equity Interest or on account of any return of capital to the Parent’s
stockholders, partners or members (or the equivalent Person thereof). 
  
 “Revolving Credit Agreement” means that certain Credit Agreement, dated as of the date hereof, among the Parent, Bank of America as administrative agent, and the lenders parties thereto. 
  
 “Sarbanes-Oxley” means the Sarbanes-Oxley Act of 2002.

  

 18 

 “SEC” means the Securities and Exchange Commission, or any Governmental Authority
succeeding to any of its principal functions. 
  
 “Securities Laws” means the Securities Act of 1933, the Securities Exchange Act of 1934, Sarbanes-Oxley and the applicable accounting and auditing principles, rules, standards and practices promulgated, approved or
incorporated by the SEC or the Public Company Accounting Oversight Board, as each of the foregoing may be amended and in effect on any applicable date hereunder. 
  
 “Shareholders’ Equity” means, as of any date of determination, consolidated shareholders’ equity
of the Parent and its Subsidiaries as of that date determined in accordance with GAAP. 
  
 “Social Security Act” means the Social Security Act of 1965 as set forth in Title 42 of the United States Code, as amended, and any successor statute thereto, as interpreted by the rules and
regulations issued thereunder, in each case as in effect from time to time. References to sections of the Social Security Act shall be construed to refer to any successor sections. 
  
 “Stark I and II” means Section 1877 of the Social Security Act as set forth at Section 1395nn of
Title 42 of the United States Code, as amended, and any successor statute thereto, as interpreted by the rules and regulations issued thereunder. 
  
 “Statutory Irish Financial Statements” means the audited financial statements of the Borrower for the year ended December 31, 2004
comprised of a consolidated profit and loss account, consolidated statement of total recognized gains and losses, consolidated balance sheet, company balance sheet and related notes thereto. 
  
 “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 Parent. 
  
 “Subsidiary Guarantor” means each Subsidiary identified as a “Guarantor” on the signature pages
to the Subsidiary Guaranty Agreement and each other Person that joins as a Subsidiary Guarantor pursuant to the terms of Section 6.11 together with their successors and permitted assigns. 
  
 “Subsidiary Guaranty Agreement” means the Subsidiary
Guaranty Agreement made by each Subsidiary Guarantor in favor of the Administrative Agent on behalf of the Lenders, substantially in the form of Exhibit E-2. 
  
 “Swap Bank” means any Lender or an Affiliate of a Lender in its capacity as a party to a Swap Contract
entered into after the date of this Agreement. 
  

 19 

 “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. 
  
 “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 Contracts have 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 Contracts, 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). 
  
 “Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments,
fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 
  
 “Threshold Amount” means $50 million. 
  
 “Total Outstandings” means the aggregate Outstanding Amount of all Loans. 
  
 “Type” means, with respect to a Loan, its character as a Base Rate Loan or a Eurodollar Rate Loan.

  
 “Unfunded Pension Liability” means the excess
of a Pension Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Pension Plan’s assets, determined in accordance with the assumptions used for funding the Pension Plan pursuant to
Section 412 of the Code for the applicable plan year. 
  
 “United States” and “U.S.” mean the United States of America. 
  
 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 definitions of
terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall 
  

 20 

 include the corresponding masculine, feminine and neuter forms. The words “include,”
“includes” and “including” shall be deemed to be followed by the phrase “without limitation.” The word “will” shall be construed to have the same meaning and effect as the word
“shall.” Unless the context requires otherwise, (i) any definition of or reference to any agreement, instrument or other document (including any Organization Document) shall be construed as referring to such agreement,
instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth herein or in any other Loan Document), (ii) any reference
herein to any Person shall be construed to include such Person’s successors and assigns, (iii) the words “herein,” “hereof” and “hereunder,” and words of similar import when used in any
Loan Document, shall be construed to refer to such Loan Document in its entirety and not to any particular provision thereof, (iv) all references in a Loan Document to Articles, Sections, Exhibits and Schedules shall be construed to refer to
Articles and Sections of, and Exhibits and Schedules to, the Loan Document in which such references appear, (v) any reference to any Law shall include all statutory and regulatory provisions consolidating, amending, replacing or interpreting
such Law and any reference to any Law or regulation shall, unless otherwise specified, refer to such law or regulation as amended, modified or supplemented from time to time, and (vi) the words “asset” and
“property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights. 
  
 (b) 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.” 
  
 (c) 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. 
  
 1.03 Accounting Terms. (a) Generally. 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 on a consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein. 
  
 (b) Changes in GAAP. If at any time any change in
GAAP would affect the computation of any financial ratio or requirement set forth in any Loan Document, and the Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Parent on behalf of the Borrower shall
negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, until so amended, (i) such ratio or
requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the Parent on behalf of the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents
required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP. 
  

 21 

 (c) Consolidation of Variable Interest Entities. All references herein to
consolidated financial statements of the Parent and its Subsidiaries or to the determination of any amount for the Parent and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable
interest entity that the Parent is required to consolidate pursuant to FASB Interpretation No. 46 – Consolidation of Variable Interest Entities: an interpretation of ARB No. 51 (January 2003) as if such variable interest entity were a
Subsidiary as defined herein. 
  
 1.04 Rounding. Any
financial ratios required to be maintained by the Borrower pursuant to 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). 
  
 1.05 Times of Day. Unless otherwise specified, all references herein to times of day shall be references to Pacific time (daylight or standard, as
applicable). 
  
 ARTICLE II 
 LOANS 
  
 2.01 The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a
“Loan”) to the Borrower in one advance, which shall be available to be made on or before December 31, 2005, in an amount not to exceed such Lender’s Commitment. The Borrowing shall consist of Loans made simultaneously by
the Lenders ratably according to their Commitments. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. 
  
 2.02 Borrowings, Conversions and Continuations of Loans. 
  

(a) Each Borrowing, each conversion of Loans from one Type to the other, and each continuation of Eurodollar 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 11:00 a.m. (i) three Business Days prior to the requested date of any
Borrowing of, conversion to or continuation of Eurodollar Rate Loans or of any conversion of Eurodollar Rate Loans to Base Rate Loans, and (ii) on the requested date of any Borrowing of 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 Eurodollar Rate Loans shall be in a principal amount of $5 million or a whole multiple of $1 million in excess thereof. Each Borrowing of or conversion to Base Rate Loans shall be in a principal amount of $500,000 or a whole
multiple of $100,000 in excess thereof. Each Loan Notice (whether telephonic or written) shall specify (i) whether the Borrower is requesting a Borrowing, a conversion of Loans from one Type to the other, or a continuation of Eurodollar Rate
Loans, (ii) the requested date of the 
  

 22 

 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 Loans are to be converted or continued, 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 if the Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable 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 Eurodollar Rate Loans. If the Borrower requests a Borrowing of, conversion to, or continuation of Eurodollar
Rate Loans in any such Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month. 
  
 (b) Following receipt of a Loan Notice, the Administrative Agent shall promptly notify each Lender of the amount of its Applicable Percentage of the
applicable 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 described in the preceding
subsection (a). In the case of a Borrowing, each Lender shall make the amount of its Loan available to the Administrative Agent in immediately available 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 Loan, 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 an account of the Borrower on the books of Bank of America with the amount of such funds or (ii) wire transfer of such funds,
in each case in accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower. 
  
 (c) Except as otherwise provided herein, a Eurodollar Rate Loan may be continued or converted only on the last day of an Interest Period for such
Eurodollar Rate Loan. During the existence of an Event of Default, no Loans may be requested as, converted to or continued as Eurodollar Rate Loans without the consent of the Required Lenders. 
  
 (d) The Administrative Agent shall promptly notify the Borrower and the
Lenders of the interest rate applicable to any Interest Period for Eurodollar Rate Loans upon determination of such interest rate. At any time that Base Rate Loans are outstanding, the Administrative Agent shall notify the Borrower and the Lenders
of any change in Bank of America’s prime rate used in determining the Base Rate promptly following the public announcement of such change. 
  
 (e) After giving effect to all Borrowings, all conversions of Loans from one Type to the other, and all continuations of Loans as the same Type, there
shall not be more than five Interest Periods in effect with respect to Loans. 
  
 (f) The failure of any Lender to make any 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 failure of any other Lender to make any Loan to be made by such other Lender on the date of any Borrowing. 
  

 23 

 2.03 [Intentionally Omitted.] 
  
 2.04 [Intentionally Omitted.] 
  
 2.05 Prepayments. The Borrower may, upon notice to the Administrative Agent, at any time or from time to time
voluntarily prepay the Loans in whole or in part without premium or penalty; provided that (i) such notice must be received by the Administrative Agent not later than 11:00 a.m. (A) three Business Days prior to any date of
prepayment of Eurodollar Rate Loans and (B) on the date of prepayment of Base Rate Loans; (ii) any prepayment of Eurodollar Rate Loans shall be in a principal amount of $5 million or a whole multiple of $1 million in excess thereof; and
(iii) any prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 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 Type(s) of Loans to be prepaid and which installments are being prepaid. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such
Lender’s Applicable Percentage of such prepayment. The Borrower shall irrevocably make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurodollar Rate
Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. Each such prepayment shall be applied to the Loans of the Lenders in accordance with their
respective Applicable Percentages. 
  
 2.06 Termination or
Reduction of Commitments. The Commitments shall be automatically and permanently reduced to $0 on the earlier of (i) the date of the Borrowing of the entire amount of the Commitments or (ii) December 31, 2005. 
  
 2.07 Repayment of Loans. The Borrower shall repay to the Lenders the
aggregate outstanding principal amount of Loans on the following dates in the amounts represented by the percentages set forth below, as the respective percentages of the aggregate outstanding principal amount of Loans outstanding (after giving
effect to any Borrowing made in accordance with Section 2.01) (which amount will be reduced as a result of the application of prepayments in accordance with Section 2.05): 
  

				
	 Payment Date

	  	Percentage

	 
	 March 31, 2006
	  	5	%
	 June 30, 2006
	  	5	%
	 September 30, 2006
	  	5	%
	 December 31, 2006
	  	5	%
	 March 31, 2007
	  	5	%
	 June 30, 2007
	  	5	%
	 September 30, 2007
	  	5	%
	 December 31, 2007
	  	5	%
	 March 31, 2008
	  	5	%
	 June 30, 2008
	  	5	%
	 September 30, 2008
	  	5	%
	 December 31, 2008
	  	5	%
	 March 31, 2009
	  	5	%

  

 24 

				
	 Payment Date

	  	Percentage

	 
	 June 30, 2009
	  	5	%
	 September 30, 2009
	  	5	%
	 December 31, 2009
	  	5	%
	 March 31, 2010
	  	5	%
	 June 30, 2010
	  	5	%
	 September 30, 2010
	  	5	%
	 December 20, 2010
 (Maturity Date)
	  	5	%

  
 ; provided, however that
the final principal installment shall be repaid on the Maturity Date for Loans and in any event shall be in an amount equal to the aggregate principal amount of the Loans outstanding on the Maturity Date. 
  
 2.08 Interest. 
  
 (a) Subject to the provisions of subsection (b) below, (i) each
Eurodollar Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Rate; and (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. 
  
 (b) (i) If any amount of principal of any Loan is not paid when due by the Borrower (without regard to any applicable grace periods), whether at
stated maturity, by acceleration or otherwise, such amount shall thereafter bear interest at a fluctuating rate per annum at all times equal to at the Default Rate to the fullest extent permitted by applicable Laws. 
  
 (ii) If any amount (other than principal of any Loan)
payable by the Borrower under any Loan Document is not paid when due (without regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise then upon the request of the Required Lenders, such amount shall
thereafter bear interest at a fluctuating rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 
  
 (iii) 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. 
  
 2.09 Fees.

  
 (a) The Borrower shall pay to the Arranger and the
Administrative Agent, for their own respective accounts, fees in the amounts, at the times and as otherwise specified in the Fee Letter. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever. 
  

 25 

 (b) The Borrower shall pay to the Lenders such fees as shall have been separately agreed upon in writing
in the amounts, at the times and as otherwise so specified. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever. 
  
 2.10 Computation of Interest and Fees. All computations of interest for Base Rate Loans when the Base Rate is determined by Bank of America’s
“prime rate” shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which
results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). 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 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. 
  
 2.11 Evidence of Debt. 
  
 (a) The Loans made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and by the Administrative Agent in the
ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent manifest error of the amount of the Loans 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 to the Borrower made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Note, 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. 
  
 (b) Entries made in good faith by the Administrative Agent in the Register pursuant to subsection (a) above, and by
each Lender in its accounts pursuant to subsection (a) above, shall be prima facie evidence of the amount of principal and interest due and payable or to become due and payable from 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 any 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. 
  

 26 

 2.12 Payments Generally; Administrative Agent’s Clawback. 
  
 (a) General. 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 Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender
its Applicable Percentage (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 be
deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrower shall become 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. 
  
 (b) (i)Funding by Lenders; Presumption by Administrative Agent. Unless the Administrative Agent shall have received notice from a Lender prior to
the proposed date of any Borrowing of Eurodollar Rate Loans (or, in the case of any Borrowing of Base Rate Loans, prior to 12:00 noon on the date of such Borrowing) that such Lender will not make available to the Administrative Agent such
Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with Section 2.02 (or, in the case of a Borrowing of Base Rate Loans, that such Lender
has made such share available in accordance with and at the time required by Section 2.02) and may, in reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not, in fact,
made its share of the applicable Borrowing available to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount in immediately available
funds, with interest thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by
the Administrative Agent in accordance with banking industry rules on interbank compensation. If the Borrower and such Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall
promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays its share of the applicable Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan
included in such Borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against a Lender that shall have failed to make such payment to the Administrative Agent. 
  
 (ii) Payments by the Borrower; Presumptions by
Administrative Agent. Unless the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders hereunder that the Borrower will not make
such payment, the Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders the amount due. In such event, if the Borrower has not
in fact made such 
  

 27 

 payment, then each of the Lenders severally agrees to repay to the Administrative Agent forthwith on
demand the amount so distributed to such Lender, in immediately available funds with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the
greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 
  
 A notice of the Administrative Agent to any Lender or the Borrower with respect to any amount owing under this subsection (b) shall be conclusive,
absent manifest error. 
  
 (c) Failure to Satisfy Conditions
Precedent. 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 II, and such funds are not made available to the Borrower by the
Administrative Agent because the conditions to the applicable Loans set forth in Article IV 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. 
  
 (d) Obligations
of Lenders Several. The obligations of the Lenders hereunder to make Loans and the obligations of the Lenders to make payments pursuant to Section 10.04(c) are several and not joint. The failure of any Lender to make any Loan or to
make any payment under Section 10.04(c) 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 to make its payment under Section 10.04(c). 
  
 (e) Funding Source. 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. 
  
 2.13 Sharing of Payments by Lenders. If any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of the Loans made by
it, resulting in such Lender receiving payment of a proportion of the aggregate amount of such Loans and accrued interest thereon greater than its pro rata share thereof as provided herein, then the Lender receiving such greater
proportion shall (a) notify the Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the Loans of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all
such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Loans and other amounts owing them, provided that: 
  
 (i) if any such participations are purchased and all or any
portion of the payment giving rise thereto is recovered, such participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest; and 
  
 (ii) the provisions of this Section shall not be construed to apply to (x) any payment made by the
Borrower pursuant to and in accordance with the express terms of this Agreement or (y) any payment obtained by a Lender as consideration for the 
  

 28 

 assignment of, or sale of a participation in, any of its Loans to any assignee or participant, other than
to the Parent or any of its Subsidiaries (as to which the provisions of this Section shall apply). 
  
 The Borrower consents to the foregoing and agrees, to the extent it may effectively do so under applicable Law, that any Lender acquiring a participation
pursuant to the foregoing arrangements may exercise against its rights of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the Borrower in the amount of such participation. 

 
 ARTICLE III 
 TAXES, YIELD PROTECTION AND ILLEGALITY 
  
 3.01 Taxes. 
  
 (a) Payments Free of Taxes. Any and all payments by or on account of any obligation of any of the Loan Parties hereunder or under any other Loan
Document shall be made free and clear of and without reduction or withholding for any Indemnified Taxes (including Other Taxes), provided that if any Loan Party shall be required by applicable Law to deduct any Indemnified Taxes (including
any Other Taxes) from such payments, then (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) each of the
Administrative Agent and the applicable Lender receives an amount equal to the sum it would have received had no such deductions been made, (ii) the Borrower or other applicable Loan Party, shall make such deductions and (iii) the Borrower
or other applicable Loan Party shall timely pay the full amount deducted to the relevant Governmental Authority in accordance with applicable Law. 
  
 (b) Payment of Other Taxes by the Loan Parties. Without limiting the provisions of subsection (a) above, the Borrower or other applicable Loan
Party shall timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable Law. 
  
 (c) Indemnification by the Loan Parties. The Borrower or other applicable Loan Party, jointly and severally, agree to indemnify the Administrative
Agent and each Lender, within 10 days after demand therefor, for the full amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section) paid
by the Administrative Agent or such Lender, as the case may be, and any penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or
asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to the Parent by a Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf
of a Lender, shall be conclusive absent manifest error. 
  
 (d)
Evidence of Payments. As soon as practicable after any payment of Indemnified Taxes or Other Taxes by the Borrower or other applicable Loan Party to a Governmental Authority, the Parent shall deliver to the Administrative Agent the original
or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, or other evidence of such payment reasonably satisfactory to the Administrative Agent. 
  

 29 

 (e) Status of Lenders. Any Foreign Lender that is entitled to an exemption from or reduction of
withholding tax under the Law of the jurisdiction in which the Borrower is resident for tax purposes, or any treaty to which such jurisdiction is a party, with respect to payments hereunder or under any other Loan Document shall deliver to the
Borrower (with a copy to the Administrative Agent), at the time or times prescribed by applicable Law or reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation prescribed by applicable
Law as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by applicable
Law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements.

  
 Without limiting the generality of the foregoing, in the event
that the Borrower is a resident for tax purposes in the United States, any Foreign Lender shall deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which
such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the request of the Borrower or the Administrative Agent, but only if such Foreign Lender is legally entitled to do so), whichever of the following is
applicable: 
  
 (i) duly completed copies of
Internal Revenue Service Form W-8BEN claiming eligibility for benefits of an income tax treaty to which the United States is a party, 
  
 (ii) duly completed copies of Internal Revenue Service Form W-8ECI, 
  
 (iii) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under
section 881(c) of the Code, (x) a certificate to the effect that such Foreign Lender is not (A) a “bank” within the meaning of section 881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the Borrower within
the meaning of section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation” described in section 881(c)(3)(C) of the Code and (y) duly completed copies of Internal Revenue Service Form W-8BEN, or 
  
 (iv) any other form prescribed by applicable Law as a basis
for claiming exemption from or a reduction in United States Federal withholding tax duly completed together with such supplementary documentation as may be prescribed by applicable Law to permit the Borrower to determine the withholding or deduction
required to be made. 
  
 (f) Treatment of Certain Refunds.
If the Administrative Agent or any Lender determines, in its sole discretion, that it has received a refund of any Taxes or Other Taxes as to which it has been indemnified by the Borrower or other applicable Loan Party or with respect to 

 

 30 

 which the Borrower or such other applicable Loan Party has paid additional amounts pursuant to this Section, it shall pay
to the Borrower or such other applicable Loan Party an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower or such other applicable Loan Party under this Section with respect to
the Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses of the Administrative Agent or such Lender, as the case may be, and without interest (other than any interest paid by the relevant Governmental Authority with
respect to such refund), provided that the Borrower or such other applicable Loan Party, upon the request of the Administrative Agent or such Lender agrees to repay the amount paid over to the Borrower or such other applicable Loan Party
(plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Administrative Agent or such Lender in the event the Administrative Agent or such Lender is required to repay such refund to such Governmental
Authority. This subsection shall not be construed to require the Administrative Agent or any Lender to make available its tax returns (or any other information relating to its taxes that it deems confidential) to the Borrower, other applicable Loan
Party or any other Person. 
  
 3.02 Illegality. If any
Lender 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 Eurodollar Rate Loans, or to determine or charge
interest rates based upon the Eurodollar Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the London interbank market, then, on notice
thereof by such Lender to the Borrower through the Administrative Agent, any obligation of such Lender to make or continue Eurodollar Rate Loans or to convert Base Rate Loans to Eurodollar 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 Eurodollar 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 Eurodollar Rate Loans to such day, or immediately, if such
Lender may not lawfully continue to maintain such Eurodollar Rate Loans. Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted. 
  
 3.03 Inability to Determine Rates. If the Required Lenders determine
that for any reason in connection with any request for a Eurodollar Rate Loan or a conversion to or continuation thereof that (a) Dollar deposits are not being offered to banks in the London interbank eurodollar market for the applicable amount
and Interest Period of such Eurodollar Rate Loan, (b) adequate and reasonable means do not exist for determining the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan, or (c) that the
Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, the Administrative Agent will promptly so notify the Borrower and
each Lender. Thereafter, the obligation of the Lenders to make or maintain Eurodollar Rate Loans shall be suspended until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the
Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar 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. 
  

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 3.04 Increased Costs; Reserves on Eurodollar Rate Loans. 
  
 (a) Increased Costs Generally. If any Change in Law shall:

  
 (i) impose, modify or deem applicable any
reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender (except any reserve requirement reflected in the Eurodollar Rate);

  
 (ii) subject any Lender to any tax of any
kind whatsoever with respect to this Agreement or any Eurodollar Rate Loan made by it, or change the basis of taxation of payments to such Lender in respect thereof (except for Indemnified Taxes or Other Taxes covered by Section 3.01 and
the imposition of, or any change in the rate of, any Excluded Tax payable by such Lender); or 
  
 (iii) impose on any Lender or the London interbank market any other condition, cost or expense affecting this Agreement or Eurodollar Rate
Loans made by such Lender; 
  
 and the result of any of the foregoing shall be to
increase the cost to such Lender of making or maintaining any Eurodollar Rate Loan (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender, or to reduce the amount of any sum received or receivable by such
Lender hereunder (whether of principal, interest or any other amount) then, upon request of such Lender, the Borrower shall pay to such Lender such additional amount or amounts as will compensate such Lender for such additional costs incurred or
reduction suffered. 
  
 (b) Capital Requirements. If any
Lender determines that any Change in Law affecting such Lender or any Lending Office of such Lender or such Lender’s holding company, if any, regarding capital requirements has or would have the effect of reducing the rate of return on such
Lender’s capital or on the capital of such Lender’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by such Lender, to a level below that which such Lender or such Lender’s
holding company could have achieved but for such Change in Law (taking into consideration such Lender’s policies and the policies of such Lender’s holding company with respect to capital adequacy), then from time to time the Borrower shall
pay to such Lender such additional amount or amounts as will compensate such Lender or such Lender’s holding company for any such reduction suffered. 
  
 (c) Certificates for Reimbursement. A certificate of a Lender setting forth the amount or amounts necessary to compensate such Lender or its
holding company, as the case may be, as specified in subsection (a) or (b) of this Section and delivered to the Borrower (with a copy to the Administrative Agent) shall be conclusive absent manifest error. The Borrower shall pay such
Lender the amount shown as due on any such certificate within 10 days after receipt thereof. 
  

 32 

 (d) Delay in Requests. Failure or delay on the part of any Lender to demand compensation pursuant
to the foregoing provisions of this Section 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 the foregoing provisions of
this Section for any increased costs incurred or reductions suffered more than nine months prior to the date that such Lender notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s
intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the nine-month period referred to above shall be extended to include the period of retroactive effect
thereof). 
  
 (e) Reserves for Eurodollar Rate Loans. 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 (currently known as “Eurocurrency
liabilities”), additional interest on the unpaid principal amount of each Eurodollar 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), which shall be due and payable on each date on which interest is payable on such Loan, provided the Borrower shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such
additional interest for such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice. 
  
 3.05 Compensation for Losses. Upon demand 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 reasonable 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 (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); 
  
 (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; or 
  
 (c) any assignment of a Eurodollar Rate Loan on a day other than the last day of the Interest Period therefor as a result of a request by the Borrower
pursuant to Section 10.13; 
  
 including any reasonable 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. The Borrower shall pay any reasonable and customary administrative
fees charged by such Lender in connection with the foregoing. 
  
 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 Eurodollar Rate Loan made by it at the Eurodollar 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 Eurodollar Rate Loan was in fact so funded. 
  

 33 

 3.06 Mitigation Obligations; Replacement of Lenders. 
  
 (a) Designation of a Different Lending Office. If any Lender requests
compensation under Section 3.04, or the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, or if any Lender gives a notice
pursuant to Section 3.02, then such Lender shall use reasonable efforts to designate a different Lending Office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices,
branches or affiliates, if, in the judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 3.01 or 3.04, as the case may be, in the future, or eliminate the
need for the notice pursuant to Section 3.02, as applicable, and (ii) in each case, would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower agrees to
pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment. 
  
 (b) Replacement of Lenders. If any Lender requests compensation under Section 3.04, or if the Borrower is required to pay any
additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, the Borrower may replace such Lender in accordance with Section 10.13. 
  
 3.07 Survival. All of the Borrower’s obligations under this
Article III shall survive termination of the Aggregate Commitments and repayment of all other Obligations hereunder. 
  
 ARTICLE IV 
 CONDITIONS PRECEDENT TO
LOANS 
  
 4.01 Conditions to Initial Loans. The
obligation of each Lender to make its initial Loan 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 telecopies (followed promptly by originals) unless
otherwise specified, each properly executed by duly authorized officers of the signing Loan Party, each dated the Closing Date (or, in the case of certificates of governmental officials, a recent date before the Closing Date) and each in form and
substance reasonably satisfactory to the Administrative Agent and each of the Lenders: 
  
 (i) executed counterparts of this Agreement, the Parent Guaranty Agreement and the Subsidiary Guaranty Agreement (Gilead Vintage Park, LLC
being the only Subsidiary Guarantor as of the Closing Date), sufficient in number for distribution to the Administrative Agent, each Lender and the Parent; 
  
 (ii) original Notes executed by the Borrower in favor of each Lender requesting Notes; 
  

 34 

 (iii) such certificates of resolutions or other action, incumbency certificates and/or
other certificates of duly authorized officers of each Loan Party as the Administrative Agent may require evidencing the identity, authority and capacity of each authorized officer thereof authorized to act as a duly authorized officer on behalf of
such Loan Party in connection with this Agreement and the other Loan Documents to which such Loan Party is a party; 
  
 (iv) such documents and certifications as the Administrative Agent may reasonably require to evidence that each Loan Party is duly
organized or formed, and that each Loan Party is validly existing, in good standing (to the extent legally applicable in the relevant jurisdiction) and qualified to engage in business in each jurisdiction where its ownership, lease or operation of
properties or the conduct of its business requires such qualification, except to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect, including, certified copies of each Loan Party’s Organization
Documents, certificates of good standing and/or qualification to engage in business and tax clearance certificates (if any); 
  
 (v) favorable opinions of Gregg H. Alton, senior vice president and general counsel to the Parent, as company counsel for the Loan
Parties, Simpson Thacher & Bartlett LLP, as special counsel to the Loan Parties, and A&L Goodbody Solicitors, Irish counsel to the Borrower, addressed to the Administrative Agent and each Lender, as to the matters set forth in
Exhibit F hereto; 
  
 (vi) a certificate
of a duly authorized officer of the Parent on behalf of each Loan Party either (A) attaching copies of all consents, licenses and approvals of Governmental Authorities and other Persons required in connection with the execution, delivery and
performance by such Loan Party and the validity against such Loan Party of the Loan Documents to which it is a party, and, required in connection with the Loan Documents and the transactions contemplated thereby, and such consents, licenses and
approvals shall be in full force and effect, or (B) stating that no such consents, licenses or approvals are so required; 
  
 (vii) a certificate signed by a duly authorized officer of the Parent certifying (A) that the conditions specified in Sections
4.02(a) and (b) have been satisfied and (B) that there has been no event or circumstance since the date of the last Audited Financial Statements that has had or would be reasonably expected to have, either individually or in the
aggregate, a Material Adverse Effect; and 
  
 (viii) evidence that all product liability insurance required to be maintained pursuant to the Loan Documents has been obtained and is in effect. 
  
 (b) Any invoiced fees and expenses required to be paid on or before the Closing Date shall have been paid. 
  
 (c) The Borrower shall have paid all reasonable fees, charges and
disbursements of counsel to the Administrative Agent to the extent invoiced prior to or on the Closing Date, plus such additional amounts of such fees, charges and disbursements of counsel 
  

 35 

 as shall constitute its reasonable estimate of such fees, charges and disbursements of counsel incurred or to be incurred
by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final settling of accounts between the Borrower and the Administrative Agent). 
  
 (d) The Closing Date shall have occurred on or before December 21, 2005. 
  
 Without limiting the generality of the provisions of
Section 9.04, for purposes of determining compliance with the conditions specified in this 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. 
  
 4.02 Conditions to all
Loans. The obligation of each Lender to honor any Loan Notice (other than a Loan Notice requesting only a conversion of Loans of one Type to the other Type, or a continuation of Eurodollar Rate Loans) is subject to the following conditions
precedent: 
  
 (a) The representations and warranties of each
Loan Party contained in Article V or any other Loan Document, or which are contained in any document furnished at any time under or in connection herewith or therewith (except the representation contained in Section 5.05(c) which shall
only be made on the Closing Date), shall be true and correct in all material respects on and as of the date of such Loan, (i) except to the extent that such representations and warranties specifically refer to an earlier date, in which case
they shall be true and correct in all material respects as of such earlier date, (ii) except that for purposes of this Section 4.02, the representations and warranties contained in subsections (a) and (b) of
Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to subsections (a) and (b), respectively, of Section 6.01 and (iii) together with any additional items that will be disclosed on
any updated Schedule delivered on the next scheduled delivery date, as to which the Borrower has notified the Administrative Agent in writing. 
  
 (b) No Default shall exist, or would result from such proposed Loan or from the application of the proceeds thereof. 
  
 (c) The Administrative Agent shall have received a Loan Notice, in accordance
with the requirements hereof. 
  
 Each Loan Notice (other than a
Loan Notice requesting only a conversion of Loans of one Type to the other Type or a continuation of Eurodollar 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 in all material respects on and as of the date of the applicable Loan. 
  

 36 

 ARTICLE V 
 REPRESENTATIONS AND WARRANTIES 
  
 The Borrower represents and warrants to the Administrative Agent and the Lenders that: 
  
 5.01 Existence, Qualification and Power. Each Loan Party and each Subsidiary thereof (a) is a company or corporation duly organized or formed,
validly existing and in good standing (to the extent legally applicable in the relevant jurisdiction) under the Laws of the jurisdiction of its incorporation or organization, (b) has all requisite power and authority and all requisite
governmental licenses, authorizations, consents and approvals to (i) own or lease its assets and carry on its business as presently conducted and (ii) execute, deliver and perform its obligations under the Loan Documents to which it is a
party, and (c) is duly qualified and is licensed and in good standing (to the extent legally applicable in relevant jurisdiction) under the Laws of each jurisdiction where its ownership, lease or operation of properties or the conduct of its
business requires such qualification or license; except in each case referred to in clause (b)(i) or (c), to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect. 
  
 5.02 Authorization; No Contravention. The execution, delivery and
performance by each Loan Party of each Loan Document to which such Person is party, have been duly authorized by all necessary corporate or other organizational action. The execution, delivery and performance by each Loan Party of each Loan Document
to which it is a party, and the consummation of the transactions contemplated hereby with respect to each Loan Party, 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 or require any payment to be made under, (i) any Material 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 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 applicable Law.
Each Loan Party and each Subsidiary thereof is in compliance with all Material Contractual Obligations referred to in clause (b)(i), except to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect. No
Subsidiary is in violation of any Law or in breach of any Material Contractual Obligation, the violation of which would be reasonably likely to have a Material Adverse Effect. 
  
 5.03 Governmental Authorization; Other Consents. No 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 the execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other Loan Document.

  
 5.04 Binding Effect. This Agreement has been, and each
other Loan Document to which any Loan Party is a party, when delivered hereunder, will have been, duly executed and delivered by each Loan Party that is party thereto. This Agreement constitutes, and each other Loan Document to which any Loan Party
is a party when so delivered will constitute, a legal, valid and binding obligation of such Loan Party, enforceable against such Person in accordance with its terms, except as enforceability may be limited by applicable Debtor Relief Laws and by
general equitable principles (whether enforcement is sought by proceedings in equity or at law). 
  

 37 

 5.05 Financial Statements; No Material Adverse Effect; No Internal Control Event. 
  
 (a) The Audited Financial Statements furnished to the Administrative Agent
(for further distribution to the Lenders) (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; (ii) fairly present the financial condition of the
Parent and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and
(iii) show all material indebtedness and other liabilities, direct or contingent, of the Parent and its Subsidiaries, taken as a whole, as of the date thereof, including liabilities for taxes, material commitments and Indebtedness. 

 
 (b) The unaudited consolidated and consolidating financial statements of
the Parent and its Subsidiaries dated September 30, 2005, and the related unaudited consolidated and consolidating statements of operations, shareholders’ equity and cash flows for the fiscal quarter ended on that date furnished to the
Administrative Agent (for further distribution to the Lenders) (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein, and (ii) fairly present the
financial condition of the Parent and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby, subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit
adjustments. 
  
 (c) As of the Closing Date, since
December 31, 2004, there has been no event or circumstance, either individually or in the aggregate, that has had or would reasonably be expected to have a Material Adverse Effect. 
  
 (d) As of the Closing Date, since December 31, 2004, no Internal Control Event has occurred. 
  
 (e) The Statutory Irish Financial Statements have been furnished to the
Administrative Agent (for further distribution to the Lenders). 
  
 5.06 Litigation. There are no actions, suits, investigations, litigations, claims, disputes or proceedings pending or, to the knowledge of the Loan Parties, threatened, at law, in equity, in arbitration or before any Governmental
Authority, by or against any Loan Party or any Subsidiary or against any of their respective properties or revenues or orders, decrees, judgments, rulings, injunctions, writs, temporary restraining orders or other orders of any nature issued by any
court or Governmental Authority that (a) purport to affect, pertain to, or enjoin or restrain the execution, delivery or performance of, this Agreement or any other Loan Document, or any of the transactions contemplated hereby or
thereby, (b) either individually or in the aggregate, if determined adversely, would reasonably be expected to have a Material Adverse Effect, or (c) purport to affect the legality, validity or enforceability of the Loan Documents or the
consummation of the transactions contemplated hereby or thereby. 
  

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 5.07 Ownership of Property; Liens. Each Loan Party and each Subsidiary has good record and
marketable title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, except for such defects in title as would not, individually or in the aggregate, reasonably be expected
to have a Material Adverse Effect. The property of the Loan Parties and each Subsidiary is subject to no Liens, other than Liens permitted by Section 7.01. 
  
 5.08 Environmental Compliance. Each Loan Party and each Subsidiary conducts in the ordinary course of business a
review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on their respective businesses, operations and properties, and as a result thereof each Loan Party
and applicable Subsidiary has reasonably concluded that such Environmental Laws and claims would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
  
 5.09 Insurance. The Loan Parties and the Subsidiaries maintain with
financially sound and reputable insurance companies (which may include a financially sound and reputable captive insurance company that is an Affiliate of the Parent), insurance with respect to their properties and businesses against loss or damage
of the kinds customarily maintained by Persons engaged in similar businesses and owning similar properties, of such types and in such amounts, with such deductibles and covering such risks, as are customarily carried under similar circumstances by
such other Persons. 
  
 5.10 Taxes. Each of the Loan
Parties and each of the Subsidiaries have timely filed all Federal, state and other material tax returns and reports required to be filed, and have timely paid all Federal, state and other material taxes, assessments, fees and other governmental
charges levied or imposed upon them or their properties, income or assets otherwise due and payable, except those which are being contested in good faith by appropriate proceedings diligently conducted and for which adequate reserves have been
provided in accordance with GAAP. There is no proposed tax assessment against any of the Loan Parties or any of the Subsidiaries that would, if made, have a Material Adverse Effect. 
  
 5.11 ERISA Compliance. 
  
 (a) (i) Each Plan is in compliance in all material respects with the applicable provisions of ERISA, the Code and other Federal or state Laws;
(ii) each Pension Plan that is intended to qualify under Section 401(a) of the Code has received a favorable determination letter from the IRS or an application for such a letter is currently being processed by the IRS with respect thereto
and, to the knowledge of the Loan Parties, nothing has occurred which would prevent, or cause the loss of, such qualification; and (iii) the Parent and each ERISA Affiliate have made all required contributions to each Plan subject to
Section 412 of the Code, and no application for a funding waiver or an extension of any amortization period pursuant to Section 412 of the Code has been made with respect to any Pension Plan, except where in each case in clauses
(i) through (iii) such event or condition, together with all other such events or conditions, would not reasonably be expected to have a Material Adverse Effect. 
  

 39 

 (b) There are no pending or, to the knowledge of the Loan Parties, threatened claims, actions or
lawsuits, or action by any Governmental Authority, with respect to any Plan that would be reasonably expected to have a Material Adverse Effect. There has been no non-exempt prohibited transaction or violation of the fiduciary responsibility rules
with respect to any Plan that has resulted or would reasonably be expected to result in a Material Adverse Effect. 
  
 (c) (i) No ERISA Event has occurred or is reasonably expected to occur; (ii) no Pension Plan has any Unfunded Pension Liability;
(iii) neither the Parent 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 result in such liability) under
Section 4243 of ERISA with respect to a Multiemployer Plan; and (iv) neither the Parent nor any ERISA Affiliate has engaged in a transaction that is subject to Sections 4069 or 4212(c) of ERISA, except where in each case in clauses
(i) through (iv) such event or condition, together with all other such events or conditions, would not reasonably be expected to have a Material Adverse Effect. 
  
 5.12 Subsidiaries; Equity Interests. As of the Closing Date, the Parent has no Material Subsidiaries other than those
specifically disclosed in Schedule 5.12 which are owned by the Parent or a Subsidiary in the amounts specified in Section 5.12. All of the outstanding Equity Interests in the Borrower and in the other Subsidiaries of the Parent
have been validly issued and are fully paid and nonassessable. 
  
 5.13 Purpose of the Loans. The proceeds of the Loan made available to the Borrower on a date no later than December 31, 2005 are to be used solely (a) to pay fees and expenses incurred in connection with the transactions
contemplated herein, and (b) for the Borrower to pay dividends to the Parent, which dividends are eligible for treatment under Section 965 of the Code, as amended by The American Jobs Creation Act of 2004. 
  
 5.14 Margin Regulations; Investment Company Act; Public Utility Holding
Company Act. 
  
 (a) The Borrower is not engaged and will not
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 Loans will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying margin stock. 
  
 (b) None of the Borrower, any Person Controlling the Borrower, nor any Subsidiary thereof (i) is a “holding
company,” or a “subsidiary company” of a “holding company,” or an “affiliate” of a “holding company” or of a “subsidiary company” of a “holding company,” within the meaning of the
Public Utility Holding Company Act of 1935, or (ii) is or is required to be registered as an “investment company” under the Investment Company Act of 1940. Neither the making of the Loans, nor the application of the proceeds or
repayment thereof by the Borrower, nor the consummation of other transactions contemplated hereunder, will violate any provision of any such Act or any rule, regulation or order of the SEC. 
  

 40 

 5.15 Disclosure. Each of the Loan Parties and their respective Subsidiaries has disclosed to the
Administrative Agent and the Lenders all agreements, instruments and corporate or other restrictions to which they or any Subsidiary is subject, and all other matters known to it, that, individually or in the aggregate, would reasonably be expected
to result in a Material Adverse Effect. No report, financial statement, certificate or other information furnished (whether in writing or orally) by or on behalf of any Loan Party or any Subsidiary to the Administrative Agent or any Lender in
connection with the transactions contemplated hereby and the negotiation of this Agreement and the other Loan Documents or delivered hereunder or under any Loan Document (in each case, as modified or supplemented by other information so furnished)
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 misleading; provided that, with respect to projected
financial information, each of the Loan Parties represents only that such information was prepared in good faith based upon assumptions believed to be reasonable at the time. 
  
 5.16 Compliance with Laws. Each of the Loan Parties and each Subsidiary is in compliance in all material respects
with the requirements of all applicable Laws (including, without limitation, Medicare Regulations and Medicaid Regulations and all food and drug and health care and medical related Laws and Laws regulating contractors to foreign, Federal, state and
local governments applicable to it and its properties) and all orders, writs, injunctions and decrees applicable to it or to its properties, to include, without limitation, compliance with the Racketeer Influenced and Corrupt Organization
prohibitions set forth in the Organized Crime Control Act of 1970, except in such instances in which (a) such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate proceedings diligently
conducted or (b) the failure to comply therewith, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. Without limiting the generality of the foregoing, with respect to the Loan Parties,
and to the extent applicable: 
  
 (a) (i) none of the Loan
Parties, their respective Subsidiaries or Affiliates, any of their respective executive officers or directors nor, to the knowledge of the Borrower, any individual employed by any Loan Party is known to have criminal culpability or to be presently
excluded from participation in any Medical Reimbursement Program for corporate or individual actions or failures to act where such culpability or exclusion has resulted or would reasonably be expected to result in an Exclusion Event; (ii) none
of the Loan Parties, their respective Subsidiaries or Affiliates, any of their respective executive officers or directors nor, to the knowledge of the Borrower, any individual employed by any Loan Party, any Subsidiary or Affiliate is, or has been
within the last six (6) years with respect to any foreign, state or Federal agency, criminal enforcement unit or program (including Medicare, Medicaid, any other state or Federal health care program or other applicable third party payors)
(A) the subject of any audit, inquiry or investigation (not including litigation), (B) party to any consent decree, judgment, order or settlement that (1) requires or could be reasonably expected to require, the payment of money by
any Loan Party, Subsidiary or any of their respective Affiliates to any state or Federal agency, program or fiscal intermediary, or (2) requires or prohibits any activity by any Loan Party, Subsidiary or any of their respective Affiliates, and
in the case of either clause (1) or (2) is either punitive in nature or has a civil penalty; and (iii) there is no executive officer continuing to be employed by any of the Loan Parties, its Subsidiaries or Affiliates who may
reasonably be expected to have individual culpability for matters under investigation by the OIG or other 
  

 41 

 Governmental Authority unless such executive officer has been, within a reasonable period of time after discovery of such
actual or potential culpability, either suspended or removed from positions of responsibility related to those activities under challenge by the OIG or other Governmental Authority; 
  
 (b) current billing policies, arrangements, protocols and instructions comply with requirements of Medical Reimbursement
Programs and are administered by properly trained personnel, except where any such failure to comply would not reasonably be expected to result in an Exclusion Event; and 
  
 (c) current medical director compensation arrangements (if any) comply with state and Federal anti-kickback, fraud and
abuse, and Stark I and II requirements and any other comparable Laws of other jurisdictions, except where any such failure to comply would not reasonably be expected to result in an Exclusion Event. 
  
 5.17 Intellectual Property; Licenses, Etc. The Loan Parties and each
Subsidiary own, or possess the right to use, all of the material trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, licenses, proprietary rights and other intellectual property rights (collectively, “IP
Rights”) that are reasonably necessary for the operation of their respective businesses, without conflict with the rights of any other Person. To the knowledge of the Loan Parties, no slogan or other advertising device, product, process,
method, substance, part or other material now employed, or now contemplated to be employed, by the Loan Parties or any Subsidiary infringes upon any rights held by any other Person, except for such infringements which, either individually or in the
aggregate, would not reasonably be expected to have a Material Adverse Effect. No claim or litigation regarding any of the foregoing is pending or, to the knowledge of the Loan Parties, threatened, which, either individually or in the aggregate,
would reasonably be expected to have a Material Adverse Effect. 
  
 5.18 Fraud and Abuse. None of the Loan Parties, their respective Subsidiaries or Affiliates nor any of their respective officers, directors or, to the knowledge of the Loan Parties, any Contract Provider, has engaged in any
activities that are prohibited under any applicable Medicare Regulations or Medicaid Regulations or that are prohibited by any applicable rules of professional conduct (which failure to comply with such rules and regulations would reasonably be
expected to have a Material Adverse Effect), including but not limited to the following, to the extent applicable: (i) knowingly and willfully making or causing to be made a false statement or representation of a material fact in any
applications for any benefit or payment; (ii) knowingly and willfully making or causing to be made any false statement or representation of a material fact for use in determining rights to any benefit or payment; (iii) failing to disclose
knowledge by a claimant of the occurrence of any event affecting the initial or continued right to any benefit or payment on its own behalf or on behalf of another, with intent to secure such benefit or payment fraudulently; (iv) knowingly and
willfully soliciting or receiving any remuneration (including any kickback, bribe or rebate), directly or indirectly, overtly or covertly, in cash or in kind of offering to pay such remuneration (a) in return for referring an individual to a
Person for the furnishing or arranging for the furnishing of any item or service for which payment may be made in whole or in part by Medicare, Medicaid or any other state or Federal health care program, or (b) in return for purchasing, leasing
or ordering or 
  

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 arranging for or recommending the purchasing, leasing or ordering of any good, facility, service or item for which
payment may be made in whole or in part by Medicare, Medicaid or any other state or Federal health care program. 
  
 5.19 Licensing and Accreditation. Each of the Loan Parties and their respective Subsidiaries, and, to the knowledge of the Loan Parties, any
Contract Provider, has, to the extent applicable (a) obtained (or been duly assigned) all required certificates of need or determinations of need as required by the relevant state Governmental Authority for the acquisition, construction,
expansion of, investment in or operation of its businesses as currently operated, (b) obtained and maintains in good standing all required material licenses, permits, certificates, registrations, authorizations, and approvals necessary for the
operation of their businesses as currently conducted, (c) to the extent prudent and customary in the industry in which it is engaged and, to the extent necessary for the operation of their businesses as currently conducted, obtained and
maintains accreditation from all generally recognized accrediting agencies, and (d) entered into and maintains in good standing its status as a Medicare supplier and as a Medicaid supplier. To the knowledge of the Loan Parties, any Contract
Provider is duly licensed by each state, state agency, commission or other Governmental Authority having jurisdiction over the provisions of such services by such Contract Provider in the locations where the Loan Parties conduct business, to the
extent such licensing is required to enable such Contract Provider to provide the professional services provided by such Contract Provider and otherwise as is necessary to enable the Loan Parties to operate as currently operated and as contemplated
to be operated. To the knowledge of the Loan Parties, all such required licenses are in full force and effect on the date hereof and have not been revoked or suspended or otherwise limited. 
  
 5.20 HIPPA Compliance. To the extent that and for so long as
(a) any Loan Party is a “covered entity” within the meaning of HIPAA or (b) any Loan Party and/or its business and operations are subject to or covered by the so-called “Administrative Simplification” provisions of
HIPAA, each such Loan Party (i) has undertaken or will promptly undertake all necessary surveys, audits, inventories, reviews, analyses and/or assessments (including any necessary risk assessments) of all areas of its business and operations
required by HIPAA and/or that could be materially adversely affected by the failure of such Loan Party to be HIPAA Compliant (as defined below); (ii) has developed or will promptly develop a detailed plan and time line for becoming HIPAA
Compliant (a “HIPAA Compliance Plan”); and (iii) has implemented or will implement those provisions of such HIPAA Compliance Plan in all material respects necessary to ensure that such Loan Party is or becomes HIPAA Compliant.
For purposes hereof, “HIPAA Compliant” shall mean that each Loan Party (x) is or will be in compliance with each of the applicable requirements of the so-called “Administrative Simplification” provisions of HIPAA on and as
of each date upon which compliance with any part thereof, or any final rule or regulation thereunder, is required in accordance with its or their terms, as the case may be (each such date, a “HIPAA Compliance Date”) and (y) is
not and could not reasonably be expected to become, as of any date following any such HIPAA Compliance Date, the subject of any civil or criminal penalty, process, claim, action or proceeding, or any administrative or other regulatory review,
survey, process or proceeding (other than routine surveys or reviews conducted by any governmental health plan or other accreditation entity) that could result in any of the foregoing or that would in the case of each of (x) and
(y) reasonably be expected to have a Material Adverse Effect, in connection with any actual or potential violation by such Loan Party of the then effective provisions of HIPAA. 
  

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 5.21 Representations as to Foreign Obligors. The Borrower on behalf of itself and each other
Foreign Obligor (if any) represents and warrants to the Administrative Agent and the Lenders that: 
  
 (a) Such Foreign Obligor is subject to civil and commercial Laws with respect to its obligations under this Agreement and the other Loan Documents to
which it is a party (collectively as to such Foreign Obligor, the “Applicable Foreign Obligor Documents”), and the execution, delivery and performance by such Foreign Obligor of the Applicable Foreign Obligor Documents constitute
and will constitute private and commercial acts and not public or governmental acts. Neither such Foreign Obligor nor any of its property has any immunity from jurisdiction of any court or from any legal process (whether through service or notice,
attachment prior to judgment, attachment in aid of execution, execution or otherwise) under the laws of the jurisdiction in which such Foreign Obligor is organized and existing in respect of its obligations under the Applicable Foreign Obligor
Documents. 
  
 (b) The Applicable Foreign Obligor Documents are in
proper legal form under the Law of the jurisdiction in which such Foreign Obligor is organized and existing for the enforcement thereof against such Foreign Obligor under the Law of such jurisdiction, and to ensure the legality, validity,
enforceability, priority or admissibility in evidence of the Applicable Foreign Obligor Documents. It is not necessary to ensure the legality, validity, enforceability, priority or admissibility in evidence of the Applicable Foreign Obligor
Documents that the Applicable Foreign Obligor Documents be filed, registered or recorded with, or executed or notarized before, any court or other authority in the jurisdiction in which such Foreign Obligor is organized and existing or that any
registration charge or stamp or similar tax be paid on or in respect of the Applicable Foreign Obligor Documents or any other document, except for (i) any such filing, registration, recording, execution or notarization as has been made or is
not required to be made until the Applicable Foreign Obligor Document or any other document is sought to be enforced and (ii) any charge or tax as has been timely paid. 
  
 (c) There is no tax, levy, impost, duty, fee, assessment or other governmental charge, or any deduction or withholding,
imposed by any Governmental Authority in or of the jurisdiction in which such Foreign Obligor is organized and existing either (i) on or by virtue of the execution or delivery of the Applicable Foreign Obligor Documents or (ii) on any
payment to be made by such Foreign Obligor pursuant to the Applicable Foreign Obligor Documents, except as has been disclosed to the Administrative Agent. 
  
 (d) The execution, delivery and performance of the Applicable Foreign Obligor Documents executed by such Foreign Obligor are, under applicable foreign
exchange control regulations of the jurisdiction in which such Foreign Obligor is organized and existing, not subject to any notification or authorization except (i) such as have been made or obtained or (ii) such as cannot be made or
obtained until a later date (provided that any notification or authorization described in clause (ii) shall be made or obtained as soon as is reasonably practicable). 
  

 44 

 ARTICLE VI 
 AFFIRMATIVE COVENANTS 
  
 So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, the Borrower shall, and shall (except in the case of the covenants set forth in Sections 6.01,
6.02 and 6.03) cause the Parent and each Subsidiary to: 
  
 6.01 Financial Statements. Deliver, or cause the Parent to deliver, to the Administrative Agent (for further distribution to each Lender), in form and detail satisfactory to the Administrative Agent and the Required Lenders:

  
 (a) as soon as available, but in any event within 90 days
after the end of each fiscal year of the Parent (commencing with the fiscal year ended December 31, 2005), a consolidated and consolidating balance sheet of the Parent and its Subsidiaries as at the end of such fiscal year, and the related
consolidated and consolidating statements of income or operations, shareholders’ 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, such consolidated statements to be audited and accompanied by (i) a report of a Registered Public Accounting Firm of nationally recognized standing, which report shall be prepared in accordance with generally
accepted auditing standards and applicable Securities Laws 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 and (ii) an attestation
report of such Registered Public Accounting Firm as to the Parent’s internal controls pursuant to Section 404 of Sarbanes-Oxley; and 
  
 (b) as soon as available, but in any event within 45 days after the end of each of the first three fiscal quarters of each fiscal year of the Parent
(commencing with the fiscal year ended December 31, 2005), a consolidated balance sheet of the Parent and its Subsidiaries as at the end of such fiscal quarter, and the related consolidated statements of income or operations, shareholders’
equity and cash flows for such fiscal quarter and for the portion of the Parent’s 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, such consolidated statements to be certified by a Responsible Officer of the Parent as fairly presenting the financial condition, results of operations, shareholders’
equity and cash flows of the Parent and its Subsidiaries in accordance with GAAP, subject only to normal year-end audit adjustments and the absence of footnotes. 
  
 As to any information contained in materials furnished pursuant to Section 6.02(c), the Borrower shall not be separately
required to furnish such information under clause (a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in clauses (a) and (b) above at
the times specified therein. 
  
 6.02 Certificates; Other
Information. Deliver, and where appropriate, cause the Parent to deliver, to the Administrative Agent (for further distribution to each Lender), in form and detail satisfactory to the Administrative Agent and the Required Lenders: 
  

 45 

 (a) concurrently with the delivery of the financial statements referred to in Sections 6.01(a) and
(b) (commencing with the delivery of the financial statements for the fiscal year ended December 31, 2005) a duly completed Compliance Certificate signed by a Responsible Officer of the Parent. The Compliance Certificate will
contain calculations with respect to Sections 7.01(l), 7.03(b) and 7.05(g) to the extent applicable in a particular period, and calculations with respect to Section 7.11. In connection with the delivery by the Parent
on behalf of the Borrower of each Compliance Certificate pursuant to this Section 6.02(b), the Parent shall deliver to the Administrative Agent a supplement to Schedule 5.12 listing any new Material Subsidiaries of the Parent not
previously disclosed to the Administrative Agent on Schedule 5.12 hereto or any supplement thereto; 
  
 (b) promptly after any request by the Administrative Agent, copies of any detailed audit reports, management letters or recommendations submitted to the
board of directors (or the audit committee of the board of directors) of the Parent by independent accountants in connection with the accounts or books of the Parent or any of its Subsidiaries, or any audit of any of them; 
  
 (c) promptly after the same are available, copies of each annual report,
proxy or financial statement or other report or communication sent to the stockholders of the Parent, and copies of all annual, regular, periodic and special reports and registration statements which the Parent may file or be required to file with
the SEC under Section 13 or 15(d) of the Securities Exchange Act of 1934, and not otherwise required to be delivered to the Administrative Agent pursuant hereto; 
  
 (d) promptly, and in any event within five Business Days after receipt thereof by any Loan Party or any Subsidiary thereof,
copies of each notice or other correspondence received from the SEC (or comparable agency in any applicable non-U.S. jurisdiction) concerning any investigation or possible investigation or other inquiry by such agency regarding financial or other
operational results of any Loan Party or any Subsidiary thereof; and 
  
 (e) promptly, such additional information regarding the business, financial or corporate affairs of the Parent or any of its Subsidiaries, or compliance with the terms of the Loan Documents, as the Administrative Agent may from time to time
reasonably request, including without limitation, all material reports and written information to and from the United States Occupational Health and Safety Administration, or any state or local agency responsible for health and safety, food and drug
or medicinal related matters or any successor or other agencies or authorities. 
  
 Documents required to be delivered pursuant to Section 6.01(a) or (b) or Section 6.02(c) (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 Parent posts such documents, or provides a link thereto on the Parent’s website on the Internet at the website address
listed on Schedule 10.02; or (ii) on which such documents are posted on the Parent’s behalf on an Internet or intranet 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: the Parent shall notify the Administrative Agent (by telecopier or electronic mail) of the posting of any such 
  

 46 

 documents (which notification may be included in the Compliance Certificate), and provide to the Administrative Agent,
upon its request, 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(a) to the Administrative Agent. Except for the Compliance Certificate, the Administrative Agent shall have no obligation to request the delivery or to maintain copies of the documents referred to above, and in
any event shall have no responsibility to monitor compliance by the Parent with any such request for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents. 
  
 The Borrower hereby acknowledges that (a) the Administrative Agent
and/or the Arranger will make available to the Lenders materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Company Materials”) by posting the Company Materials on IntraLinks or another
similar electronic system (the “Platform”) and (b) certain of the Lenders may be “public-side” Lenders (i.e., Lenders that do not wish to receive material non-public information with respect to the Borrower or the
Borrower’s securities) (each a “Public Lender”). The Borrower hereby agrees that (i) all Company Materials that are to be made available to Public Lenders shall be clearly and conspicuously marked “PUBLIC” which,
at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (ii) by marking Company Materials “PUBLIC”, the Borrower shall be deemed to have authorized the Administrative Agent, the
Arranger and the Lenders to treat such Company Materials as not containing any material non-public information with respect to the Borrower or the Borrower’s securities for purposes of United States Federal and state securities laws
(provided, however, that to the extent such Company Materials constitute Information, they shall be treated as set forth in Section 10.07); (iii) all Company Materials marked “PUBLIC” are permitted to be made
available through a portion of the Platform designated “Public Investor,” and (iv) the Administrative Agent and the Arranger shall be entitled to treat any Company Materials that are not marked “PUBLIC” as being suitable
only for posting on a portion of the Platform not designated “Public Investor.” 
  
 6.03 Notices. Promptly notify the Administrative Agent and each Lender: 
  
 (a) of the occurrence of any Default; 
  
 (b) of any matter that has resulted or would reasonably be expected to result in a Material Adverse Effect, including (i) any breach or
non-performance of, or any default under, a Material Contractual Obligation of the Loan Parties or any Subsidiary; (ii) any dispute, action, litigation, investigation, proceeding or suspension between the Loan Parties or any Subsidiary and any
Governmental Authority; (iii) the commencement of any material litigation or proceeding, or any material development in any such litigation or proceeding, adversely affecting the Loan Parties or any Subsidiary, including pursuant to any
applicable Environmental Laws, food and drug, health care and medical related Laws and Laws regulating contractors to foreign, Federal, state and local governments; (iv) the institution of any action, litigation, investigation or proceeding
against such Person (if applicable) (or, to the knowledge of the Loan Parties, any Contract Provider) to suspend, revoke or terminate (or that may result in termination of) any Loan Party’s or any Subsidiary’s status as a Medicaid supplier
or its status as a Medicare supplier, or any such investigation or proceeding that may result in an Exclusion Event, (v) a 
  

 47 

 copy of any notice of intent to exclude any Loan Party or any Subsidiary from participation in any Medical Reimbursement
Program, any notice of proposal to exclude any Loan Party or Subsidiary from participation in any Medical Reimbursement Program issued by the OIG or any other Governmental Authority, or any other Exclusion Event, or (vi) a copy of any notice of
loss or threatened loss of accreditation, loss of participation under any material reimbursement program or loss of any applicable material health care license, and all other material deficiency notices, compliance orders or adverse reports issued
by any Governmental Authority or private insurance company pursuant to a provider agreement that, if not promptly complied with or cured, could result in the suspension or forfeiture of any license, certification, or accreditation necessary to carry
on its business as then conducted or the termination of any insurance or reimbursement program; 
  
 (c) of, to the knowledge of the Parent, the occurrence of any ERISA Event; 
  
 (d) of any material change in accounting policies or financial reporting practices by the Parent; and 
  
 (e) of the occurrence of any Internal Control Event. 
  
 Each notice pursuant to this Section 6.03 shall be accompanied by
a statement of a Responsible Officer of the Borrower setting forth details of the occurrence referred to therein and stating what action, if any, the Borrower has taken and proposes to take with respect thereto. Each notice pursuant to
Section 6.03(a) shall describe with particularity any and all provisions of this Agreement and any other Loan Document that have been breached. 
  
 6.04 Payment of Obligations. Pay and discharge as the same shall become due and payable, all its Federal and state tax liabilities and all other
material tax liabilities, fees assessments, governmental charges, levies or other material obligations and liabilities upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently
conducted and adequate reserves in accordance with GAAP are being maintained by such Loan Party or such Subsidiary. 
  
 6.05 Preservation of Existence, Etc. (a) Preserve, renew and maintain in full force and effect its legal existence and, to the extent legally
applicable in the relevant jurisdiction, good standing under the Laws of the jurisdiction of its organization except (i) in a transaction permitted by Section 7.04 or 7.05; and (ii) in the situation where a Subsidiary
has no operations or revenues; (b) take all reasonable action to maintain all rights, privileges, permits, licenses, approvals and franchises in each case which are necessary in the normal conduct of its business, except to the extent that
failure to do so could not reasonably be expected to have a Material Adverse Effect; and (c) preserve or renew all of its registered patents, trademarks, trade names and service marks, the non-preservation or non-renewal of which would
reasonably be expected to have a Material Adverse Effect. 
  
 6.06 Maintenance of Properties. (a) Maintain, preserve and protect all of its material properties and equipment necessary in the operation of its business in good working order and condition, ordinary wear and tear excepted;
(b) make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have a Material Adverse Effect; and (c) use the standard of care typical in the industry in
the operation and maintenance of its facilities. 
  

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 6.07 Maintenance of Insurance. Maintain with financially sound and reputable insurance companies
(which may include a financially sound and reputable captive insurance company that is an Affiliate of the Parent), 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 businesses and owning similar properties of such types and in such amounts with such deductibles and covering such risks, as are customarily carried under similar circumstances by such other Persons. 
  
 6.08 Compliance with Laws. Comply in all material respects with the
requirements of all applicable Laws (including, without limitation, Medicare Regulations and Medicaid Regulations and all food and drug and health care and medical related Laws and laws regulating contractors to foreign, Federal, state and local
governments applicable to it and its properties) and all orders, writs, injunctions and decrees applicable to it or to its business or property, to include, without limitation, compliance with the Racketeer Influenced and Corrupt Organization
Chapter of the Organized Crime Control Act of 1970, except in such instances in which (a) such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate proceedings diligently conducted; or
(b) the failure to comply therewith would not reasonably be expected to have a Material Adverse Effect. 
  
 6.09 Books and Records. (a) Maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP
consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower or any of its Subsidiaries; and (b) maintain such books of record and account in material conformity with all
applicable requirements of any Governmental Authority having regulatory jurisdiction over the Borrower or any such Subsidiary. 
  
 6.10 Use of Proceeds. Use the proceeds of the Loan to be made available on a date no later than December 31, 2005 solely for the purposes set
forth in Section 5.13. 
  
 6.11 Additional
Subsidiary Guarantors. Promptly notify the Administrative Agent after any Person becomes a Subsidiary, and promptly provide a certificate executed by a Responsible Officer of the Parent certifying whether such Subsidiary is a Material Subsidiary
and providing calculations related to such determination in reasonable detail acceptable to the Administrative Agent. Promptly thereafter (and in any event within 60 days), after such Person becomes a Domestic Subsidiary and to the extent no
material adverse tax consequences would result at the time such Person becomes a Foreign Subsidiary, cause such Person to the extent such Person is a Material Subsidiary to (a) become a Subsidiary Guarantor by executing and delivering to the
Administrative Agent a Joinder Agreement or such other document as the Administrative Agent shall deem appropriate for such purpose, and (b) deliver to the Administrative Agent documents of the types referred to in clauses (iii) and
(iv) of Section 4.01(a) and favorable opinions of counsel to such Person (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to in clause (a)), all in form,
content and scope reasonably satisfactory to the Administrative Agent. For the purpose of this Section 6.11, “material adverse tax consequences” include but are not limited to an investment in United States property under
Section 956 of the Code. 
  

 49 

 ARTICLE VII 
 NEGATIVE COVENANTS 
  
 So
long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, the Borrower shall not, nor shall it permit the Parent or any Subsidiary to, directly or indirectly: 
  
 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 and any renewals or extensions thereof, provided that (i) the
property covered thereby has not changed and (ii) the amount secured or benefited thereby is not increased; 
  
 (c) Liens for taxes not yet due, or which are not delinquent or remain payable without penalty, or which are being contested in good faith and by
appropriate proceedings which proceedings have the effect of preventing forfeiture of property subject thereto and for which adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP, or to
the extent non-payment thereof is permitted under Section 6.04, provided, that no notice of lien has been filed or recorded under the Code; 
  

(d) carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s or other like Liens arising in the ordinary course of
business which are not overdue for a period of more than 30 days or which are being contested in good faith and by appropriate proceedings which proceedings have the effect of preventing the forfeiture of the property subject thereto and for which
adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP; 
  
 (e) pledges or deposits in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other social security
legislation, other than any Lien imposed by ERISA; 
  
 (f)
deposits to secure the performance of bids, trade contracts and leases (other than Indebtedness), statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business;

  
 (g) easements, rights-of-way, restrictions and other similar
encumbrances affecting real property which, in the aggregate, are not substantial in amount, and which do not in any case materially detract from the value of the property subject thereto or materially interfere with the ordinary conduct of the
business of the applicable Person; 
  

 50 

 (h) Liens securing judgments for the payment of money not constituting an Event of Default under
Section 8.01(h); provided that enforcement of such Liens is effectively stayed; 
  
 (i) leases or subleases of the Parent or any Subsidiary granted to others and not interfering in any material respect with the ordinary conduct of the
business of the Parent or any such Subsidiary; 
  
 (j) Liens
arising from Uniform Commercial Code financing statement filings regarding operating leases entered into by the Borrower or any such Subsidiary in the ordinary course of business; 
  
 (k) Liens on goods (and the documents of title related thereto), the purchase price of which is financed by a documentary
letter of credit issued for the account of the Borrower or any Subsidiary which is not prohibited by Section 7.03, provided that any such Lien secures only the obligations of the Borrower or such Subsidiary in respect of such
letters of credit; and 
  
 (l) Liens not otherwise permitted in
this Section 7.01 which secure obligations not exceeding in the aggregate principal amount 20% of the Consolidated Tangible Net Worth of the Parent and its Subsidiaries, at the time such Liens are created, for all such Liens granted and
still in effect pursuant to this clause (l) (with Consolidated Tangible Net Worth being determined based on the most recent financial statements of the Parent then filed with the SEC). 
  
 7.02 [Intentionally Omitted.] 
  
 7.03 Indebtedness. Create, incur, assume or suffer to exist any
Indebtedness by Subsidiaries which are not Subsidiary Guarantors, except: 
  
 (a) Indebtedness by the Borrower in the form of the Borrowing pursuant to this Agreement; and 
  
 (b) Indebtedness not otherwise permitted under this Section 7.03 by Subsidiaries which are not Subsidiary Guarantors in an aggregate principal
amount not to exceed 20% of the Consolidated Tangible Net Worth of the Parent and its Subsidiaries, at the time of such incurrences, for all such Indebtedness incurred and outstanding pursuant to this clause (b) (with Consolidated Tangible Net
Worth being determined based on the most recent financial statements of the Parent then filed with the SEC). 
  
 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, so long as no Default exists or would result therefrom: 
  
 (a) any Subsidiary may merge with (i) the Borrower or the Parent,
provided that the Borrower or the Parent shall be the continuing or surviving Person, or (ii) any one or more other Subsidiaries, provided that when any Subsidiary Guarantor is merging with another Subsidiary, the Subsidiary
Guarantor shall be the continuing or surviving Person; 
  

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 (b) any Subsidiary may Dispose of all or substantially all of its assets (upon voluntary liquidation or
otherwise) to the Borrower or the Parent or to another Subsidiary; provided that if the transferor in such a transaction is a Subsidiary Guarantor, then the transferee must either be Borrower, the Parent or a Subsidiary Guarantor; and

  
 (c) Dispositions permitted by Section 7.05.

  
 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; 
  
 (b) Dispositions of inventory in the ordinary course of business; 
  

(c) Dispositions of equipment or real property to the extent that (i) such property is exchanged for credit against the purchase price of similar
replacement property or (ii) the proceeds of such Disposition are reasonably promptly applied to the purchase price of such replacement property within 180 days of such Disposition; 
  
 (d) Dispositions of property by any Subsidiary to the Parent, the Borrower or to another Subsidiary; provided that if
the transferor of such property is a Subsidiary Guarantor, the transferee thereof must either be the Borrower, the Parent or a Subsidiary Guarantor; 
  
 (e) Dispositions permitted by Section 7.04; 
  
 (f) licenses of IP Rights in the ordinary course of business; and 
  

(g) Dispositions by the Parent and its Subsidiaries not otherwise permitted under this Section 7.05; provided that (i) at the
time of such Disposition, no Default shall exist or would result from such Disposition and (ii) the aggregate book value of all property Disposed of in reliance on this clause (g) during the term of this Agreement shall not exceed 20% of
the total book value of the assets of the Parent and its Subsidiaries, at the time of such Dispositions, for all such Dispositions pursuant to this clause (g) and, provided, further, that Gilead Vintage Park, LLC shall not dispose
of assets otherwise permitted to be disposed of pursuant to this clause (g) if by doing so the total book value of assets of Gilead Vintage Park, LLC would be less than the total book value of assets of Gilead Vintage Park, LLC as of the
Closing Date. The total book value of assets shall be determined based on the most recent financial statements of the Parent then filed with the SEC. 
  
 Any Disposition pursuant to clauses (a) through (g) shall be for fair market value when considering the entire transaction of which any such Disposition is a
part. 
  

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 7.06 [Intentionally Omitted.] 
  
 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, the Parent and any of their respective Subsidiaries on the date hereof or businesses ancillary or related thereto. For the avoidance of doubt, the Borrower and its Subsidiaries may enter into other fields or
classes of therapies to create or sell, develop or commercialize medicinal products. 
  
 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 on terms no less advantageous to the
Borrower or such Subsidiary as would be obtainable by the Borrower or such Subsidiary at the time in a comparable arm’s length transaction with a Person other than an Affiliate; provided that the foregoing restriction shall not apply to
transactions between or among the Borrower, and any Guarantor or between and among Guarantors. 
  
 7.09 Burdensome Agreements. Enter into any contractual obligation (other than this Agreement or any other Loan Document) that (a) limits the ability (i) of any Subsidiary to make Restricted Payments
to any Loan Party or otherwise transfer property to any Loan Party, except for restrictions existing under or by reason of (1) any restrictions with respect to a Subsidiary imposed pursuant to an agreement which has been entered into in
connection with a Disposition (2) any contractual obligation of a Person which becomes a Subsidiary after the Closing Date; provided that such contractual obligation is only binding upon such Subsidiary and such contractual obligation
was in existence at the time such Person becomes a Subsidiary, (ii) of any Subsidiary to Guarantee the Indebtedness of the Borrower or (iii) of the Borrower or any Subsidiary to create, incur, assume or suffer to exist Liens on property of
such Person; provided, however, that this clause (iii) shall not prohibit any negative pledge incurred or provided in favor of any holder of Indebtedness solely to the extent any such negative pledge relates to the property
financed by or the subject of such Indebtedness and otherwise is in accordance with the terms of this Agreement; or (b) requires the grant of a Lien to secure an obligation of such Person if a Lien is granted to secure another obligation of
such Person. 
  
 7.10 Use of Proceeds. Use the proceeds of
any Loan, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or carry margin stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying
margin stock or to refund indebtedness originally incurred for such purpose. 
  
 7.11 Financial Covenants. 
  
 (a) Consolidated Total Debt to Total Capitalization Ratio. Permit the Consolidated Total Debt to Total Capitalization Ratio as of the end of any fiscal quarter of the Parent to exceed 0.4 to 1.00. 
  
 (b) Consolidated Interest Coverage Ratio. Permit the Consolidated
Interest Coverage Ratio as of the end of any fiscal quarter of the Parent to be less than the 3.00 to 1.00. 
  

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 ARTICLE VIII 
 EVENTS OF DEFAULT AND REMEDIES 
  
 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 (as applicable) fails to pay (i) when and as required to be paid herein, any amount of
principal of any Loan, or (ii) within five days after the same becomes due, any interest on any Loan or any fee or other amount due hereunder or under any other Loan Document; or 
  
 (b) Specific Covenants. Any Loan Party fails to perform or observe any term, covenant or agreement contained in any
of Section 6.03(a), 6.05 (solely with respect to the Borrower or any other Loan Party), or 6.10 or Article VII or any Guarantor fails to perform or observe any term, covenant or agreement contained in the Parent
Guaranty Agreement or a Subsidiary Guaranty Agreement; or 
  
 (c)
Other Defaults. Any Loan Party fails to perform or observe any other covenant or agreement (not specified in subsection (a) or (b) above) contained in any Loan Document on its part to be performed or observed and such failure
continues for 30 days after the earlier of (i) the first date on which any Responsible Officer of any Loan Party becomes aware of or, through the exercise of reasonable diligence, should have known of, such failure and (ii) receipt of
notice thereof from the Administrative Agent or any Lender; or 
  
 (d) Representations and Warranties. Any representation, warranty, certification or statement of fact made or deemed made by or on behalf of any Loan Party herein, in any other Loan Document, or in any document delivered in connection
herewith or therewith shall be incorrect or misleading in any material respect when made or deemed made; or 
  
 (e) Cross-Default. (i) Any Loan Party or any Subsidiary (A) fails to make any payment when due (whether by scheduled maturity, required
prepayment, acceleration, demand, or otherwise) in respect of any Indebtedness or Guarantee (other than Indebtedness hereunder and Indebtedness under Swap Contracts) (X) having an aggregate principal amount (including undrawn committed or
available amounts and including amounts owing to all creditors under any combined or syndicated credit arrangement) of more than the Threshold Amount or (Y) under the Revolving Credit Agreement, or (B) fails to observe or perform any other
agreement or condition relating to any such Indebtedness or Guarantee or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event occurs, the effect of which default or other event is to cause, or to
permit the holder or holders of such Indebtedness or the beneficiary or beneficiaries of such Guarantee (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 be demanded or 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, or such
Guarantee to become payable or cash collateral in respect thereof to be demanded; or (ii) there occurs under any Swap Contract an Early Termination Date (as defined in such Swap Contract) resulting from (A) any event of default under such
Swap Contract as to which the Borrower or any Subsidiary is the Defaulting Party (as defined in such Swap Contract) or (B) any Termination Event (as so defined) under such Swap Contract as to which the Borrower or any Subsidiary is an Affected
Party (as so defined) and, in either event, the Swap Termination Value owed by the Borrower or such Subsidiary as a result thereof is greater than the Threshold Amount and is not paid when due after giving effect to any applicable grace period; or

  

 54 

 (f) Insolvency Proceedings, Etc. Any Loan Party, any Material Subsidiary or any group of
Subsidiaries which if taken together would have constituted a Material Subsidiary (except that 15% shall be substituted for 7.5% in determining whether all such Persons constitute a Material Subsidiary) 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 or similar officer for it or
for all or any material part of its property; or any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed without the application or consent of such Persons and the appointment continues undischarged
or unstayed for 60 calendar days; or any proceeding under any Debtor Relief Law relating to any such Persons or to all or any material part of its property is instituted without the consent of such Persons and continues undismissed or unstayed for
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, any Material Subsidiary or any group of Subsidiaries which if taken together would have constituted a Material Subsidiary (except that 15% shall
be substituted for 7.5% in determining whether all such Persons constitute a Material Subsidiary) becomes unable or admits in writing its inability or fails generally to pay its debts 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 any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; or 
  
 (h) Judgments. There is entered against any Loan Party or any
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 insurance as to which the insurer does not deny coverage), and there is a period of 30 consecutive days
during which a stay of enforcement of such judgment, by reason of a pending appeal or otherwise, is not in effect; or 
  
 (i) ERISA. (i) An ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which has resulted or would reasonably be expected
to result in liability of the Parent or any ERISA Affiliate under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC, or (ii) the Parent or any ERISA Affiliate fails to pay when 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 and in each case in clause (i) or (ii) such event or condition, together with all other such events
or conditions, would reasonably be expected to have 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 or
satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party or any other Person contests in any manner the validity or enforceability of any provision of any Loan Document; or any Loan Party denies that it
has any or further liability or obligation under any Loan Document, or purports to revoke, terminate or rescind any provision of any Loan Document; or 
  

 55 

 (k) Change of Control. There occurs any Change of Control; or 
  
 (l) Exclusion Event. There occurs an Exclusion Event in a jurisdiction
representing more than 10% of any Loan Party’s or any Material Subsidiary’s revenue in the immediately preceding calendar year, which loss shall continue beyond completion of any appeal process diligently pursued by such affected entity in
good faith. 
  
 8.02 Remedies Upon Event of Default. If any
Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions: 
  
 (a) declare the Commitment of each Lender to make Loans 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; and 
  
 (c)
exercise on behalf of itself and the Lenders all rights and remedies available to it and the Lenders under the Loan Documents; 
  
 provided, however, that upon the occurrence of an actual or deemed entry of an order for other applicable relief with respect to the Borrower under the
Bankruptcy Code of the United States or comparable order under the Debtor Relief Laws in any other applicable country, the obligation of each Lender to make Loans 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, in each case without further act of the Administrative Agent or any Lender. 
  
 8.03 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 as set forth in the proviso to Section 8.02), any amounts received by the Administrative Agent 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 (including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent 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 fees, charges and disbursements of counsel to the respective Lenders (including fees and time charges for
attorneys who may be employees of any Lender) and amounts payable under Article III), ratably among them in proportion to the respective amounts described in this clause Second payable to them; 
  

 56 

 Third, to payment of that portion of the Obligations constituting accrued and unpaid interest on
the Loans, 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, ratably (i) among the Lenders in proportion
to the respective amounts described in this subclause (i) to this clause Fourth held by them and (ii) to payment of that portion of the Obligations constituting amounts owing under or in respect of Swap Contracts and Cash Management
Services Agreements, ratably among the Swap Banks and Cash Management Banks in proportion to the respective amounts described in this subclause (ii) to this clause Fourth held by them; and 
  
 Last, the balance, if any, after all of the Obligations have been
indefeasibly paid in full, to the Borrower as its interests appear or as otherwise required by Law. 
  
 ARTICLE IX 
 ADMINISTRATIVE AGENT 
  
 9.01 Appointment and Authority. 
  
 Each of the Lenders hereby irrevocably appoints Bank of America to act on
its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms
hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders, and the Loan Parties shall not have rights as a third
party beneficiary of any of such provisions except the Borrower shall have the benefit of the last sentence in Section 9.10. 
  
 9.02 Rights as a Lender. The Person serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender
as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the
Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, act as the financial advisor to, or in any other advisory capacity for, and generally engage in
any kind of business with, the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any duty to account therefor to the Lenders. 
  
 9.03 Exculpatory Provisions. The Administrative Agent shall not have
any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent: 
  
 (a) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is
continuing; 
  
 (b) shall not have any duty to take any
discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or 
  

 57 

 by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required
Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the
opinion of its counsel, may expose the Administrative Agent to liability or that is contrary to any Loan Document or applicable Law; and 
  
 (c) shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to
disclose, any information relating to any Loan Party or any of their Affiliates that is communicated to or obtained by the Person serving as the Administrative Agent or any of its Affiliates in any capacity. 
  
 The Administrative Agent shall not be liable for any action taken or not
taken by it (i) with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the
circumstances as provided in Sections 10.01 and 8.02) or (ii) in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until notice
describing such Default is given to the Administrative Agent by the Borrower or a Lender. 
  
 The Administrative Agent shall not be responsible for, or have any duty to ascertain or inquire into, (i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan
Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or
conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document or (v) the
satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent. 
  
 9.04 Reliance by Administrative Agent. The Administrative Agent shall be entitled to rely upon, and shall not incur
any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine
and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur
any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan that by its terms must be fulfilled to the satisfaction of a Lender, the Administrative Agent may presume that such condition is
satisfactory to such Lender unless the Administrative Agent shall have received notice to the contrary from such Lender prior to the making of such Loan. The Administrative Agent may consult with legal counsel (who may be counsel for any Loan
Party), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 
  

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 9.05 Delegation of Duties. The Administrative Agent may perform any and all of its duties and
exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all of its duties and
exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall
apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent. 
  
 9.06 Resignation of Administrative Agent. The Administrative Agent may at any time give notice of its resignation to
the Lenders and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, in consultation with the Borrower, to appoint a successor administrative agent, which shall be a bank with an office in the
United States, or an Affiliate of any such bank with an office in the United States. If no such successor administrative agent shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after
the retiring Administrative Agent gives notice of its resignation, then the retiring Administrative Agent may on behalf of the Lenders, appoint a successor administrative agent meeting the qualifications set forth above; provided that if the
Administrative Agent shall notify the Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective in accordance with such notice and (1) the retiring Administrative
Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents and (2) all payments, communications and determinations provided to be made by, to or through the Administrative Agent shall instead be made
by or to each Lender directly, until such time as the Required Lenders appoint a successor administrative agent as provided for above in this Section. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such
successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired) Administrative Agent, and the retiring Administrative Agent shall be discharged from all of its duties and obligations
hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees payable by the Borrower to a successor administrative agent shall be the same as those payable to its predecessor unless
otherwise agreed between the Borrower and such successor. After the retiring Administrative Agent’s resignation hereunder and under the other Loan Documents, the provisions of this Article and Section 10.04 shall continue in effect
for the benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring Administrative Agent was acting as Administrative
Agent. 
  
 9.07 Non-Reliance on Administrative Agent and Other
Lenders. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made
its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such
documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document
furnished hereunder or thereunder. 
  

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 9.08 No Other Duties, Etc. Anything herein to the contrary notwithstanding, the Arranger listed on
the cover page hereof shall not have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent or Lender hereunder. 
  
 9.09 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 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 any Loan Party) shall be entitled and empowered, by intervention in such
proceeding or otherwise: 
  
 (a) to file and prove a claim for
the whole amount of the principal and interest owing and unpaid in respect of the Loans 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 to the Lenders and
the Administrative Agent under Sections 2.03(i) and (j), 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 Administrative Agent and its 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. 
  
 9.10 Guaranty Matters. The Lenders irrevocably authorize the Administrative Agent to release any Subsidiary Guarantor from its obligations under
the Subsidiary Guaranty Agreement if such Person ceases to be a Subsidiary as a result of a transaction permitted hereunder (without requirement of notice or consent of any Lender). Upon request by the Administrative Agent at any time, the Required
Lenders will confirm in writing the Administrative Agent’s authority to release any such Subsidiary Guarantor from its 
  

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 obligations under the Subsidiary Guaranty Agreement pursuant to this Section 9.10. If the release of a
Subsidiary Guarantor is permitted under this Agreement, upon the request of the Borrower, the Administrative Agent shall take any reasonable action (at the Borrower’s sole cost and expense) to release such Subsidiary Guarantor. 
  
 ARTICLE X 
 MISCELLANEOUS 
  
 10.01 Amendments, Etc. No amendment 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 on behalf of all the Loan Parties and acknowledged by the Administrative Agent, and each such waiver or consent shall be effective only in the specific instance and for the specific
purpose for which given; provided, however, that no such amendment, waiver or consent shall: 
  
 (a) waive any condition set forth in Section 4.01(a) without the written consent of each Lender; 
  
 (b) extend or increase the Commitment of any Lender (or reinstate any
Commitment terminated pursuant to Section 8.02) without the written consent of such Lender; 
  
 (c) postpone any date fixed by this Agreement or any other Loan Document for any payment of principal, interest, fees or other amounts due to the Lenders
(or any of them) hereunder or under any other Loan Document without the written consent of each Lender directly affected thereby; 
  
 (d) reduce the principal of, or the rate of interest specified herein on, any Loan or (subject to clause (ii) of the second proviso to this
Section 10.01) any fees or other amounts payable hereunder or under any other Loan Document without the written consent of each Lender directly affected thereby; provided, however, that only the consent of the Required
Lenders shall be necessary (i) to amend the definition of “Default Rate” or to waive any obligation of the Borrower to pay interest at the Default Rate or (ii) to amend any financial covenant hereunder (or any defined term used
therein) even if the effect of such amendment would be to reduce the rate of interest on any Loan or to reduce any fee payable hereunder; 
  
 (e) change Section 2.13 or Section 8.03 in a manner that would alter the pro rata sharing of payments required thereby without the
written consent of each Lender; 
  
 (f) change any provision of
this Section or the definition of “Required Lenders” or any other provision hereof specifying the number or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination or grant any
consent hereunder, without the written consent of each Lender; 
  
 (g) release the Parent from its Parent Guaranty Agreement or all or substantially all of the value of the Subsidiary Guaranty Agreement without the written consent of each Lender, other than as permitted under Section 7.05(g) or
Section 9.10; or 
  

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 (h) waive any condition precedent to funding of any Borrowing without the written consent of each Lender;

  
 and, provided further, that (i) 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 the Administrative Agent under this Agreement or any other Loan Document; and (ii) the Fee Letter may be
amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto. 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. Upon delivery by the Borrower of each Compliance Certificate of a Responsible Officer of the Parent, the Parent shall
deliver to the Administrative Agent a supplement to Schedule 5.12 to this Agreement in accordance with Section 6.02(b). The schedule supplement attached to each such certificate shall be incorporated into and become a part of and
supplement Schedule 5.12, and the Administrative Agent may attach such schedule supplement to such Schedule, and each reference to such Schedule shall mean and be a reference to such Schedule, as supplemented pursuant thereto. 
  
 10.02 Notices; Effectiveness; Electronic Communications. 

 
 (a) Notices Generally. Except in the case of notices and other
communications expressly permitted to be given by telephone (and except as provided in subsection (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier
service, mailed by certified or registered mail or sent by telecopier as follows, 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 or the Administrative
Agent, to the address, telecopier number, electronic mail address or telephone number specified for such Person on Schedule 10.02; and 
  
 (ii) if to any other Lender, to the address, telecopier number, electronic mail address or telephone number specified in its
Administrative Questionnaire. 
  
 Notices sent by hand or overnight courier
service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices sent by telecopier shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient,
shall be deemed to have been given at the opening of business on the next business day for the recipient). Notices delivered through electronic communications to the extent provided in subsection (b) below, shall be effective as provided in
such subsection (b). 
  
 (b) Electronic Communications.
Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent, provided
that the foregoing shall not apply to notices to any Lender pursuant to Article II if such Lender, as applicable, has notified the Administrative Agent that it is incapable of receiving 
  

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 notices under such Article by electronic communication. The Administrative Agent may, in its discretion, or the Borrower
may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to particular notices or
communications. 
  
 Unless the Administrative Agent otherwise
prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function,
as available, return e-mail or other written acknowledgement), provided that if such notice or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent
at the opening of business on the next business day for the recipient, and (ii) notices or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address
as described in the foregoing clause (i) of notification that such notice or communication is available and identifying the website address therefor. 
  
 (c) The Platform. THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE
ACCURACY OR COMPLETENESS OF THE COMPANY MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE COMPANY MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY
OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH THE COMPANY MATERIALS OR THE PLATFORM. In no event shall the
Administrative Agent or any of its Related Parties (collectively, the “Agent Parties”) have any liability to the Borrower, any Lender or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in
tort, contract or otherwise) arising out of the Borrower’s or the Administrative Agent’s transmission of Company Materials through the Internet, except to the extent that such losses, claims, damages, liabilities or expenses are determined
by a court of competent jurisdiction by a final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Agent Party; provided, however, that in no event shall any Agent Party have any
liability to the Borrower, any Lender or any other Person for indirect, special, incidental, consequential or punitive damages (as opposed to direct or actual damages). 
  
 (d) Change of Address, Etc. Each of the Borrower and the Administrative Agent, may change its address, telecopier or
telephone number for notices and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address, telecopier or telephone number for notices and other communications hereunder by notice to the Borrower
and the Administrative Agent. In addition, each Lender agrees to notify the Administrative Agent from time to time to ensure that the Administrative Agent has on record (i) an effective address, contact name, telephone number, telecopier number
and electronic mail address to which notices and other communications may be sent and (ii) accurate wire instructions for such Lender. 
  

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 (e) Reliance by Administrative Agent and Lenders. The Administrative Agent and the Lenders
shall be entitled to rely and act upon any notices (including telephonic 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 (without limiting the liability of each of the other Loan Parties to do so
in their ratable share) shall jointly and severally indemnify the Administrative Agent, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities resulting from the reliance by such Person on each notice
purportedly given by the Borrower. All telephonic notices to and other telephonic communications with the Administrative Agent may be recorded by the Administrative Agent, and each of the parties hereto hereby consents to such recording. 

 
 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 shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege
hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any rights, remedies, powers and
privileges provided by Law. 
  
 10.04 Expenses; Indemnity;
Damage Waiver. 
  
 (a) Costs and Expenses. The
Borrower shall be liable to pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates (including the reasonable fees, charges and disbursements of counsel for the Administrative Agent), in connection
with the syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions
hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), and (ii) all out-of-pocket expenses incurred by the Administrative Agent or any Lender (including the fees, charges and disbursements of
any counsel for the Administrative Agent, any Lender), and shall pay all fees and time charges for attorneys who may be employees of the Administrative Agent or any Lender, in connection with the enforcement or protection of its rights (A) in
connection with this Agreement and the other Loan Documents, including its rights under this Section, or (B) in connection with the Loans made, including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations
in respect of such Loans. 
  
 (b) Indemnification by the
Borrower. The Borrower (without limiting the liability of each other Loan Party to do so in their ratable share) will indemnify the Administrative Agent (and any sub-agent thereof), each Lender and each Related Party of any of the foregoing
Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses (including the reasonable fees, charges and disbursements
of any counsel for any Indemnitee), and shall indemnify and hold harmless each Indemnitee from all reasonable fees and time charges and disbursements for attorneys who may be employees of any Indemnitee, incurred by any Indemnitee or asserted
against any Indemnitee by any third party or by the Borrower or any 
  

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 other Loan Party arising out of, in connection with, or as a result of (i) the execution or delivery of this
Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their respective obligations hereunder or thereunder, the consummation of the transactions contemplated hereby
or thereby, or, in the case of the Administrative Agent (and any sub-agent thereof) and its Related Parties only, the administration of this Agreement and the other Loan Documents, (ii) any Loan or the use or proposed use of the proceeds
therefrom, (iii) any actual or alleged presence or release of Hazardous Materials on or from any property owned or operated by any of the Loan Parties or any of their Subsidiaries, or any Environmental Liability related in any way to the Loan
Parties or any of their Subsidiaries, or (iv) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other theory, whether brought by a third party or by
the Borrower or any other Loan Party, and regardless of whether any Indemnitee is a party thereto, in all cases, whether or not caused by or arising, in whole or in part, out of the comparative, contributory or sole negligence of the Indemnitee;
provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses (x) are determined by a court of competent jurisdiction by final and
nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee or (y) result from a claim brought by the Borrower or any other Loan Party against an Indemnitee for breach in bad faith of such
Indemnitee’s obligations hereunder or under any other Loan Document, if the Borrower or such Loan Party has obtained a final and nonappealable judgment in its favor on such claim as determined by a court of competent jurisdiction. 

 
 (c) Reimbursement by Lenders. To the extent that the Borrower (or
any other Loan Party) for any reason fails to indefeasibly pay any amount required under subsection (a) or (b) of this Section to be paid by it to the Administrative Agent (or any sub-agent thereof) or any Related Party of any of the
foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent) or such Related Party, as the case may be, such Lender’s Applicable Percentage (determined as of the time that the applicable unreimbursed
expense or indemnity payment is sought) of such unpaid amount; provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative
Agent (or any such sub-agent) in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) in connection with such capacity. The obligations of the Lenders under this
subsection (c) are subject to the provisions of Section 2.12(d). 
  
 (d) Waiver of Consequential Damages, Etc. To the fullest extent permitted by applicable Law, the Loan Parties shall not assert, and hereby waive, any claim against any Indemnitee, on any theory of liability,
for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the
transactions contemplated hereby or thereby, any Loan or the use of the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or
other materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby, except to the extent
such damages are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from gross negligence or willful misconduct of such Indemnitee. 
  

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 (e) Payments. All amounts due under this Section shall be payable not later than ten Business Days
after demand therefor. 
  
 (f) Survival. The agreements in
this Section 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. 
  
 10.05 Payments Set Aside. To the extent that any payment by or on
behalf of the Borrower is made to the Administrative Agent or any Lender or the Administrative 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 the Administrative 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 (without duplication) of any amount so recovered from or repaid by the Administrative
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. The obligation of the Lenders under clause (b) of the preceding sentence
shall survive the payment in full of the Obligations and the termination of this Agreement. 
  
 10.06 Successors and Assigns. 
  
 (a) Successors and Assigns Generally. 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 the Borrower and
any other Loan Party may not assign or otherwise transfer any of their rights or obligations hereunder without the prior written consent of the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or
obligations hereunder except (i) to an Eligible Assignee in accordance with the provisions of subsection (b) of this Section 10.06, (ii) by way of participation in accordance with the provisions of subsection (d) of
this Section 10.06, or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection (f) of this Section 10.06 (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 subsection (d) of this Section 10.06 and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent and the Lenders) any legal or equitable right, remedy or claim under or by
reason of this Agreement. 
  
 (b) Assignments by Lenders.
Any Lender may at any time assign to one or more Eligible Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it); provided that

  

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 (i) except in the case of an assignment of the entire remaining amount of the assigning
Lender’s Commitment and the Loans at the time owing to it or in the case of an assignment to a Lender or an Affiliate of a Lender or an Approved Fund with respect to a Lender, the aggregate amount of the Commitment (which for this purpose
includes Loans outstanding thereunder) or, if the Commitment is not then in effect, the principal outstanding balance of the 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 or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date, shall not be less than $5 million in the case of any assignment of any rights or
obligations in respect of the Loan, unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed);

  
 (ii) each assignment shall be made as an
assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement and each Lender’s (as defined in the Revolving Credit Agreement) rights and obligations under the Revolving Credit Agreement with
respect to the Loans hereunder and the Loans (as defined in the Revolving Credit Agreement) and the related Commitments hereunder and Commitments (as defined in the Revolving Credit Agreement) under the Revolving Credit Agreement assigned, except
that this clause (ii) shall not apply to rights in respect of Swing Line Loans (as defined in the Revolving Credit Agreement) under the Revolving Credit Agreement; 
  
 (iii) any assignment of a Commitment must be approved by the Administrative Agent, unless the Person that is
the proposed assignee is itself a Lender (whether or not the proposed assignee would otherwise qualify as an Eligible Assignee); and 
  
 (iv) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a
processing and recordation fee in the amount, of $2,500; such fee shall not be payable by the Borrower. The Eligible Assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 
  
 Subject to acceptance and recording thereof by the Administrative Agent pursuant to
subsection (c) of this Section 10.06, 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, 
  

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 3.05 and 10.04 with respect to facts and circumstances occurring prior to the effective date of such
assignment). Upon request, 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 subsection shall be
treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with subsection (d) of this Section 10.06. 
  
 (c) Register. 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 of the Loans owing to, each
Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, and the Borrower, the Administrative Agent and the Lenders may 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 each of the Borrower, at any reasonable time and from time to
time upon reasonable prior notice. In addition, at any time that a request for a consent for a material or substantive change to the Loan Documents is pending, any Lender may request and receive from the Administrative Agent a copy of the Register.

  
 (d) Participations. Any Lender may at any time, without
the consent of, or notice to, the Borrower or the Administrative Agent, sell participations to any Person (other than a natural person or the Borrower or any of their respective Affiliates or Subsidiaries) (each, a “Participant”) in
all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans owing to it); provided that (i) such Lender’s obligations under this Agreement
shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (iii) the Borrower, the Administrative Agent and the Lenders shall continue to deal solely and
directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right
to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree
to any amendment, waiver or other modification described in the first proviso to Section 10.01 that directly affects such Participant. Subject to subsection (e) of this Section, 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 subsection (b) of this Section 10.06. To the extent
permitted by Law, each Participant also shall be entitled to the benefits of Section 10.08 as though it were a Lender; provided such Participant agrees to be subject to Section 2.13 as though it were a Lender.

  
 (e) Limitations upon Participant Rights. A Participant
shall not be entitled to receive any greater payment under Section 3.01 or 3.04 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 that would be a Foreign Lender if it were a Lender 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 3.01(e) as though it were a Lender. 
  

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 (f) Certain Pledges. Any Lender may at any time pledge or assign a security interest in all or any
portion of its rights under this Agreement (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. 
  
 (g) Electronic Execution of Assignments. The words “execution,” “signed,” “signature,” and words
of like import in any Assignment and Assumption shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed
signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable Law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic
Signatures and Records Act, or any other similar state Laws based on the Uniform Electronic Transactions Act. 
  
 10.07 Treatment of Certain Information; Confidentiality. Each of the Administrative Agent and the Lenders agrees to maintain the confidentiality of
the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its and its Affiliates’ respective partners, directors, officers, employees, agents, advisors and representatives (it being
understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent requested by any regulatory authority
purporting to have jurisdiction over it (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to the extent required by applicable Law or regulations or by any subpoena or similar legal
process, (d) to any other party hereto, (e) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the enforcement of
rights hereunder or thereunder, (f) subject to an agreement containing provisions substantially the same as those of this Section 10.07, to (i) any assignee of or Participant in, or any prospective assignee of or Participant
in, any of its rights or obligations under this Agreement or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and its obligations, (g) with the consent of the
Borrower or (h) to the extent such Information (x) becomes publicly available other than as a result of a breach of this Section 10.07 or (y) becomes available to the Administrative Agent, any Lender or any of their
respective Affiliates on a nonconfidential basis from a source other than the Borrower or any of its Subsidiaries or Affiliates. 
  
 For purposes of this Section, “Information” means all information received from any Loan Party relating to any the Loan Party or any
Subsidiary or any of their respective businesses, other than any such information that is available to the Administrative Agent or any Lender on a nonconfidential basis prior to disclosure by any Loan Party or any Subsidiary; provided that,
in the case of information received from a Loan Party or any Subsidiary after the date hereof, such information is clearly identified at the time of delivery as confidential. Any Person required to 
  

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 maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its
obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 
  
 Each of the Administrative Agent and the Lenders acknowledges that
(a) the Information may include material non-public information concerning the Borrower or any of its Subsidiaries, (b) it has developed compliance procedures regarding the use of material non-public information and (c) it will handle
such material non-public information in accordance with applicable Law, including Federal and state securities Laws. 
  
 10.08 Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender and each of its Affiliates is hereby authorized at
any time and from time to time, to the fullest extent permitted by applicable Law, to setoff and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) at any time held and other obligations (in
whatever currency) at any time owing by such Lender or any such Affiliate to or for the credit or the account of the respective Loan Parties against any and all of the obligations of such Loan Parties now or hereafter existing under this Agreement
or any other Loan Document to such Lender, irrespective of whether or not such Lender shall have made any demand under this Agreement or any other Loan Document and although such obligations of the Loan Parties may be contingent or unmatured or are
owed to a branch or office of such Lender different from the branch or office holding such deposit or obligated on such indebtedness. The rights of each Lender and its Affiliates under this Section are in addition to other rights and remedies
(including other rights of setoff) that such Lender or its Affiliates may have. Each Lender agrees to notify the Borrower and the Administrative Agent promptly after any such setoff and application, provided that the failure to give such
notice shall not affect the validity of such setoff and application. 
  
 10.09 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 the Administrative 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 the Administrative 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. 
  
 10.10 Counterparts; Integration; Effectiveness. This Agreement may be executed in counterparts (and by different parties hereto in different
counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement and the other Loan Documents constitute the entire contract among the parties relating to the subject
matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as provided in 
  

 70 

 Section 4.01, this Agreement shall become effective when it shall have been executed by the Administrative
Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature page of this Agreement by telecopy
shall be effective as delivery of a manually executed counterpart of this Agreement. 
  
 10.11 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 the Administrative Agent and each Lender, regardless of any investigation made by the
Administrative Agent or any Lender or on their behalf and notwithstanding that the Administrative Agent or any Lender may have had notice or knowledge of any Default at the time of any Loan, and shall continue in full force and effect as long as any
Loan or any other Obligation hereunder shall remain unpaid or unsatisfied. 
  
 10.12 Severability. If any provision of this Agreement or the other Loan Documents is held to be illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the remaining provisions
of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the
economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other
jurisdiction. 
  
 10.13 Replacement of Lenders. If any
Lender requests compensation under Section 3.04, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, then the
Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents
required by, Section 10.06), all of its interests, rights and obligations under this Agreement and the related Loan Documents to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts
such assignment), provided that: 
  
 (a) the Borrower
shall have paid to the Administrative Agent the assignment fee specified in Section 10.06(b); 
  
 (b) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans, accrued interest thereon, accrued fees and all
other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 3.05) from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the
case of all other amounts); 
  
 (c) 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 thereafter; and

  

 71 

 (d) such assignment does not conflict with applicable Laws. 
  
 A Lender shall not be required to make any such assignment or delegation if,
prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. 
  
 10.14 Governing Law; Jurisdiction; Etc. 
  
 (a) GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW
YORK. 
  
 (b) SUBMISSION TO JURISDICTION. EACH LOAN PARTY
IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK CITY AND OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK, AND
ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE LOAN PARTIES IRREVOCABLY AND
UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE LOAN PARTIES AGREES
THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL
AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT OR ANY LENDER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST THE LOAN PARTIES OR THEIR PROPERTIES IN THE COURTS OF ANY JURISDICTION.

  
 (c) WAIVER OF VENUE. EACH LOAN PARTY IRREVOCABLY AND
UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN
ANY COURT REFERRED TO IN PARAGRAPH (B) OF THIS SECTION. EACH OF THE LOAN PARTIES HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING
IN ANY SUCH COURT. 
  
 (d) SERVICE OF PROCESS. EACH LOAN
PARTY IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 10.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

  

 72 

 10.15 Waiver of Jury Trial. EACH LOAN PARTY HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER
BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH LOAN PARTY (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION,
SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS
SECTION. 
  
 10.16 USA PATRIOT Act Notice. Each Lender that
is subject to hereto and the Administrative Agent (for itself and not on behalf of any Lender) hereby notifies the Borrower and any of its Subsidiaries parties to any of the Loan Documents that pursuant to the requirements of the USA Patriot Act
(Title III of Pub. L. 107-56 (signed into law October 26, 2001)), it is required to obtain, verify and record information that identifies the Borrower and any of its Subsidiaries parties to any of the Loan Documents, which information includes
the name and address of the Borrower and any of its Subsidiaries parties to any of the Loan Documents and other information that will allow such Lender or the Administrative Agent, as applicable, to identify the Borrower and any of its Subsidiaries
parties to any of the Loan Documents in accordance with such Act. 
  
 [Signature Pages Follow] 
  

 73 

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

			
	 GILEAD BIOPHARMACEUTICS IRELAND
 CORPORATION, as the Borrower

		
	By:	 	 /s/ John F. Milligan

	Name:	 	John F. Milligan
	Title:	 	Director
		
	By:	 	 /s/ Gregg H. Alton

	Name:	 	Gregg H. Alton
	Title:	 	Director

			
	BANK OF AMERICA, N.A., as
	Administrative Agent
		
	By:	 	 /s/ Dora A. Brown

	Name:	 	Dora A. Brown
	Title:	 	Vice President

			
	BANK OF AMERICA, N.A., as a Lender
		
	By:	 	 /s/ John Plecque

	Name:	 	John Plecque
	Title:	 	Senior Vice President

			
	ABN AMRO BANK N.V., as a Lender
		
	By:	 	 /s/ Robert H. Steelman

	Name:	 	Robert H. Steelman
	Title:	 	Director
		
	By:	 	 /s/ Kevin LeGallo

	Name:	 	Kevin LeGallo
	Title:	 	Assistant Vice President

			
	 CITIBANK IRELAND FINANCIAL
 SERVICES PLC, as a Lender

		
	By:	 	 /s/ Ciaran Kelleher

	Name:	 	Ciaran Kelleher
	Title:	 	Director

			
	 DEUTSCHE BANK TRUST COMPANY
 AMERICAS, as a Lender

		
	By:	 	 /s/ Frederick W. Laird

	Name:	 	Frederick W. Laird
	Title:	 	Managing Director
		
	By:	 	 /s/ Ming K. Chu

	Name:	 	Ming K. Chu
	Title:	 	Vice President

			
	 GOLDMAN SACHS CREDIT PARTNERS L.P.,
 as a Lender

		
	By:	 	 /s/ Will Archer

	Name:	 	William Archer
	Title:	 	Managing Director

			
	 THE GOVERNOR AND COMPANY OF THE
 BANK OF IRELAND, as a Lender

		
	By:	 	 /s/ Gwen Evans

	Name:	 	Gwen Evans
	Title:	 	Authorised Signatory
		
	By:	 	 /s/ David Hickory

	Name:	 	David Hickory
	Title:	 	Authorised Signatory

			
	 KEYBANK NATIONAL ASSOCIATION, as a
 Lender

		
	By:	 	 /s/ Chris Swindell

	Name:	 	Christopher A. Swindell
	Title:	 	Portfolio Manager

			
	 MIZUHO CORPORATE BANK (USA), as a
 Lender

		
	By:	 	 /s/ Takahiko Ueda

	Name:	 	Takahiko Ueda
	Title:	 	Senior Vice President

			
	WELLS FARGO BANK, N.A., as a Lender
		
	By:	 	 /s/ Chris Hetterly

	Name:	 	Chris R. Hetterly
	Title:	 	Senior Vice President

 SCHEDULE 2.01 
  
 COMMITMENTS 
 AND APPLICABLE PERCENTAGES 
  

							
	 Lender

	  	Commitment

	  	 Applicable
Percentage of
 Loans

	 
	 Bank of America, N.A.
	  	$	45,000,000	  	15.000000000	%
	 ABN AMRO Bank N.V.
	  	$	39,750,000	  	13.250000000	%
	 Citibank Ireland Financial Services plc
	  	$	39,750,000	  	13.250000000	%
	 Deutsche Bank Trust Company Americas
	  	$	39,750,000	  	13.250000000	%
	 Mizuho Corporate Bank (USA)
	  	$	39,750,000	  	13.250000000	%
	 Goldman Sachs Credit Partners L.P.
	  	$	30,000,000	  	10.000000000	%
	 KeyBank National Association
	  	$	30,000,000	  	10.000000000	%
	 The Governor and Company of the Bank of Ireland
	  	$	21,000,000	  	7.000000000	%
	 Wells Fargo Bank, N.A.
	  	$	15,000,000	  	5.000000000	%
			
	 Total
	  	$	300,000,000.00	  	100.000000000	%

 SCHEDULE 5.12 
  
 MATERIAL SUBSIDIARIES 
  
 Gilead Sciences Limited, an Irish company - 100% of Equity Interests owned. 
  
 Gilead Biopharmaceutics Ireland Corporation, an Irish company – 100% of Equity Interests owned. 

 SCHEDULE 7.01 
  
 EXISTING LIENS 
  
 Liens in favor of General Electric Corporation (“GE”), covering equipment leased pursuant to a Master Lease Agreement, dated as of September 9, 1996
between GE and Nexstar Pharmaceuticals, Inc. 
  
 Liens in favor of GC Air, LLC
(“GC Air”) under a True Lease Transaction by and between Gilead Sciences, LLC and GC Air, in connection with, and relating to, a 2002 Falcon 2000 aircraft and components. 
  
 Liens in favor of Banc of America Leasing and Capital, LLC (“BOA”) in connection with the lease by Gilead Sciences, Inc. in
connection with, and relating to, a 2000 Dassault Aviation Falcon 2000 aircraft, serial number 112, two CFE Company, Inc. CFE738-1-1B aircraft engines, serial numbers P105272 and P105351 and one Garrett GTCP 36-150 auxiliary power unit, serial
number P220. 

 SCHEDULE 10.02 
  
 ADMINISTRATIVE AGENT’S OFFICE, 
 CERTAIN ADDRESSES FOR NOTICES 
  
 BORROWER: 
  
 GILEAD BIOPHARMACEUTICS IRELAND CORPORATION

  
 c/o Gilead Sciences, Inc. 
 333 Lakeside Drive 
 Foster City, CA 94404 
 Attention: Kevin Olson 
 Telephone: 650-522-6212 

Telecopier: 650-522-5727 
 Electronic Mail:
Kevin.Olson@Gilead.com 
  
 and John Milligan

 Telephone: 650-522-5756 
 Telecopier: 650-522-5488 
 Electronic Mail: John.Milligan@Gilead.com 
 Website Address: www.Gilead.com 
  
 ADMINISTRATIVE AGENT: 
  
 Administrative Agent’s Office  
 (for payments and Loan Notices): 
  
 Bank of America, N.A. 
 Mail Code: CA4-702-02-25 
 2001 Clayton Road, Floor 2 
 Concord CA 94520 
 Attention: Mark Garcia 
 Telephone: 925-675-8416 
 Telecopier: 888-969-2297 
 Electronic Mail: mark.a.garcia@bankofamerica.com 
  
 Wire Instructions: 
  
 Bank of America, N.A., Dallas TX

 ABA# 111000012 
 Account Name: Corporate FTA 
 Account No.: 3750836479 
 Ref: Gilead Sciences, Inc. 
 Attn.: Credit Services, Mark Garcia 
  
 Other Notices as Administrative Agent: 
  
 Bank of America, N.A. 
 Agency Management 
 Mail Code: WA1-501-37-20 
 800 Fifth Avenue, Floor 37 
 Seattle WA 98104 
 Attention: Dora Brown 
 Telephone: 206-358-0101 
 Telecopier: 206-358-0971 
 Electronic Mail: dora.a.brown@bankofamerica.com 

 EXHIBIT A 
  
 FORM OF LOAN NOTICE 
 ($300 MILLION TERM LOAN AGREEMENT) 
  
 Date:                     ,          
  
 To:    Bank of America, N.A., as Administrative Agent 
  
 Ladies and Gentlemen: 
  
 Reference is made to that certain Term Loan Agreement, dated as of December 21, 2005 (as amended, restated, extended,
supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), among Gilead Biopharmaceutics Ireland Corporation, an Irish company (the
“Borrower”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent. 
  
 The undersigned hereby requests (select one): 
  
  ̈  A Borrowing of Loans
                             ̈  A conversion or continuation of Loans 
  

	 	1.	On
                                        
                                        
     (a Business Day). 

  

	 	2.	In the amount of $            . 

  

	 	3.	Comprised of
                                        
    . 

 [Type of Loan requested: Base Rate or Eurodollar Rate] 
  

	 	4.	For Eurodollar Rate Loans: with an Interest Period of          months. 

  

			
	 GILEAD BIOPHARMACEUTICS IRELAND
 CORPORATION

		
	By:	 	  

	Name:	 	 
	Title:	 	 

  

 A - 1 

 EXHIBIT B 
  
 FORM OF NOTE 
  
                         ,
         
  
 FOR
VALUE RECEIVED, the undersigned (the “Borrower”), hereby promises to pay to
                                        
or its registered assigns permitted by the Agreement (as hereinafter defined) (the “Lender”), in accordance with the provisions of the Agreement, the principal amount of
                             DOLLARS
($            ), such principal amount being equal to the amount of the Loans made by the Lender to the Borrower under that certain Term Loan Agreement, dated as of December 21,
2005 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement”; the terms defined therein being used herein as therein defined), among the Borrower, the lenders from time to
time party thereto and Bank of America, N.A., as Administrative Agent. 
  
 The Borrower promises to pay principal on the Loans in accordance with the amortization schedule set forth in Section 2.07 of the Agreement, and to pay interest on the unpaid principal amount of each Loan from the date of such
Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement. All payments of principal and interest shall be made to the Administrative Agent for the account of the Lender in Dollars in
immediately available funds at the Administrative Agent’s Office. If any amount is not paid in full when due hereunder, such unpaid amount shall bear interest, to be paid upon demand, from the due date thereof until the date of actual payment
(and before as well as after judgment) computed at the per annum rate set forth in the Agreement. 
  
 This Note is one of the Notes referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part, without premium or
penalty, subject to the terms and conditions provided therein. This Note is also entitled to the benefits of the Subsidiary Guaranty Agreement and the Parent Guaranty Agreement. If one or more of the Events of Default specified in the Agreement
occurs and is continuing, all amounts then remaining unpaid on this Note shall become under certain circumstances, or may be declared to be, immediately due and payable all as provided in the Agreement. Loans made by the Lender shall be evidenced by
one or more loan accounts or records maintained by the Lender in the ordinary course of business. The Lender may also attach schedules to this Note and endorse thereon the date, amount and maturity of its Loans and payments with respect thereto.

  
 The Borrower, for itself, its successors and assigns, hereby
waives diligence, presentment, protest and demand and notice of protest, demand, dishonor and non-payment of this Note. 
  

 B - 1 

 THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

  

			
	 GILEAD BIOPHARMACEUTICS IRELAND
 CORPORATION, an Irish company

		
	By:	 	  

	Name:	 	 
	Title:	 	 
		
	By:	 	  

	Name:	 	 
	Title:	 	 

  

 B - 2 

 LOANS AND PAYMENTS WITH RESPECT THERETO 
  

													
	 Date

	 	 Type of
 Loan Made

	 	 Amount of
 Loan Made

	 	 End of
 Interest
 Period

	 	 Amount of
 Principal or
 Interest
 Paid This
 Date

	 	 Outstanding
Principal
 Balance
 This Date

	 	 Notation
 Made By

	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________
							
	 ___________
	 	___________	 	___________	 	___________	 	___________	 	___________	 	___________

  

 B - 3 

 EXHIBIT C 
  
 FORM OF COMPLIANCE CERTIFICATE 
  
 Financial Statement Date:
                    ,  
 To:    Bank of America, N.A., as Administrative Agent 
  
 Ladies and Gentlemen: 
  
 Reference is made to that
certain Term Loan Agreement, dated as of December 21, 2005 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as
therein defined), among Gilead Biopharmaceutics Ireland Corporation, an Irish corporation (the “Borrower”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent. 
  
 The undersigned Responsible Officer of Gilead Sciences, Inc. (the
“Parent”) hereby certifies on behalf of the Borrower as of the date hereof that he/she is the
                                        
                                         of
the Parent, and that, as such, he/she is authorized to execute and deliver this Certificate to the Administrative Agent on the behalf of the Borrower, and that: 
  

[Use following paragraph 1 for fiscal year-end financial statements] 
  
 1. [Attached hereto as Schedule 1][Included in the Parent’s most
recent periodic reports filed with the SEC] are the year-end audited financial statements required by Section 6.01(a) of the Agreement for the fiscal year of the Parent and its Subsidiaries ended as of the above date, together with the
report of an independent certified public accountant required by such section. 
  
 [Use following paragraph 1 for fiscal quarter-end financial statements] 
  
 1. [Attached hereto as Schedule 1][Included in the Parent’s most recent periodic reports filed with the SEC] are the unaudited financial
statements required by Section 6.01(b) of the Agreement for the fiscal quarter of the Parent and its Subsidiaries ended as of the above date. Such unaudited financial statements fairly present the financial condition, results of
operations and cash flows of the Parent and its Subsidiaries in accordance with GAAP as at such date and for such period, subject only to normal year-end audit adjustments and the absence of footnotes. 
  
 2. The undersigned has reviewed and is familiar with the terms of the
Agreement and has made, or has caused to be made under his/her supervision, a detailed review of the transactions and financial condition of the Parent and its Subsidiaries during the accounting period covered by the attached financial statements.

  
 3. A review of the activities of the Loan Parties during such
fiscal period has been made under the supervision of the undersigned with a view to determining whether during such fiscal period the Loan Parties performed and observed all their Obligations under the Loan Documents, and 
  

 C - 1 

 To the knowledge of the undersigned during such fiscal period, the Loan Parties performed and observed
each covenant and condition of the Loan Documents applicable to it, and no Default has occurred and is continuing, other than as set forth below: 
  
 Covenants or conditions not performed or observed: [none] 
  
 Nature and status of any Default: [none] 
  
 4. The covenant analyses and information set forth on Schedule 2 attached hereto are true and accurate on and as of the date of this Certificate.

  
 IN WITNESS WHEREOF, the undersigned have executed this
Certificate as of                     ,         . 
  

			
	GILEAD SCIENCES, INC.
		
	By:	 	  

	Name:	 	 

  

 C - 2 

 For the Quarter/Year ended
                            (“Statement Date”) 
  
 SCHEDULE 2 
 to the Compliance Certificate 
 ($ in 000’s) 
  

								
	I.	  	Section 7.11(a) – Consolidated Total Debt to Total Capitalization Ratio.
				
	 	  	A.	  	Consolidated Total Debt at Statement Date:	  	$	                        
				
	 	  	B.	  	Shareholders’ Equity of Parent and its Subsidiaries:	  	$	                        
				
	 	  	C.	  	 Consolidated Total Debt to Total Capitalization Ratio
 (Line I.A ÷ (Line I.A + Line I.B))
	  	 	             to 1.0
			
	 	  	Maximum permitted	  	 	0.40 to 1.0
		
	II.	  	Section 7.11 (b) – Consolidated Interest Coverage Ratio.
				
	 	  	A.	  	Consolidated EBITDA for four consecutive fiscal quarters ending on above date (“Subject Period”):	  	 	 
				
	 	  	1.	  	Consolidated Net Income for Subject Period:	  	$	                        
				
	 	  	2.	  	Consolidated Interest Charges for Subject Period:	  	$	                        
				
	 	  	3.	  	Provision for income taxes for Subject Period:	  	$	                        
				
	 	  	4.	  	Depreciation expenses for Subject Period:	  	$	                        
				
	 	  	5.	  	Amortization expenses for Subject Period:	  	$	                        
				
	 	  	6.	  	Non-cash stock-based employee compensation expenses:	  	$	                        
				
	 	  	7.	  	Non-cash reductions of Consolidated Net Income for Subject Period:	  	$	                        
				
	 	  	8.	  	Income tax credits for Subject Period:	  	$	                        
				
	 	  	9.	  	Non-cash additions to Consolidated Net Income for Subject Period:	  	$	                        
				
	 	  	10.	  	Consolidated EBITDA (Lines II.A.1 + 2 + 3 + 4 + 5 + 6 + 7 - 8 - 9):	  	$	                        
				
	 	  	B.	  	Consolidated Interest Charges for Subject Period:	  	$	                        
				
	 	  	C.	  	Consolidated Interest Coverage Ratio (Line II.A.10 ÷ Line II.B):	  	 	             to 1.0
			
	 	  	Minimum required:	  	 	3.0 to 1.0

  

 C - 3 

								
	III.	  	Consolidated Leverage Ratio (Required to Calculate Applicable Rate).	 
				
	 	  	 A.
	  	 Consolidated Funded Indebtedness at Statement Date:
	  	$                        	 
				
	 	  	 B.
	  	 Consolidated EBITDA for Subject Period (Line II.A.9 above):
	  	$                        	 
				
	 	  	 	  	 Consolidated Leverage Ratio: (Line III.A ÷ Line III.B)
	  	             to 1.0	 
		
	IV.	  	Section 7.01(l) – Analysis of Obligations Secured by Liens [if applicable]	 
				
	 	  	 A.
	  	 Obligations secured by Liens in effect permitted by Section 7.01(l):
	  	$                        	 
				
	 	  	 B.
	  	 Consolidated Tangible Net Worth [as of the last day of the fiscal quarter of the financial statements delivered pursuant to the last
Compliance Certificate delivered]:
	  	$                        	 
				
	 	  	 C.
	  	 Percentage of Obligations Secured by Liens in effect permitted by Section 7.01(l) (Line IV.A.÷ Line IV.B)
	  	___________	 
				
	 	  	 	  	 Not in Excess of:
	  	20	%
		
	V.	  	Section 7.03(b) – Indebtedness Analysis [if applicable]	 
				
	 	  	 A.
	  	 Outstanding Indebtedness of Subsidiaries who are not Subsidiary Guarantors permitted by Section 7.303(b)
	  	$                        	 
				
	 	  	 B.
	  	 Consolidated Tangible Net Worth [as of the last day of the fiscal quarter of the financial statements delivered pursuant to the last
Compliance Certificate delivered]:
	  	$                        	 
				
	 	  	 C.
	  	 Percentage of Permitted Indebtedness (Line V.A. ÷ Line V.B.)
	  	___________	 
				
	 	  	 	  	 Not in Excess of:
	  	20	%
		
	VI.	  	Section 7.05(g) – Other Permitted Dispositions Analysis [if applicable]	 
				
	 	  	 A.
	  	 Aggregate Book Value of all Dispositions (permitted by Section 7.05(g)):
	  	$                        	 

  

 C- 4 

									
				
	 	 	 B.
	  	 Total Book Value of the Assets of the Parent and its Subsidiaries [as of the last day of the fiscal quarter of the financial statements
delivered pursuant to the last Compliance Certificate delivered]:
	  	$	                        	 
				
	 	 	 C.
	  	 Percentage of Book Value of all Dispositions to Total Book Value of all Assets (Line VI.A. ÷ Line VI.B.)
	  	 	___________	 
				
	 	 	 	  	Not in Excess of:	  	 	20	%

  

 C - 5 

 EXHIBIT D 
  
 ASSIGNMENT AND ASSUMPTION 
  
 This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into
by and between [Insert name of Assignor] (the “Assignor”) and [Insert name of Assignee] (the “Assignee”). Capitalized terms used but not defined herein shall have the meanings given to them in the Term
Loan Agreement identified below (the “Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated
herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 
  
 For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases and assumes
from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (i) all of the Assignor’s rights and obligations
as a Lender under the Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under
the respective facilities identified below and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender) against any Person, whether
known or unknown, arising under or in connection with the Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but
not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold
and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as, the “Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as expressly provided in this
Assignment and Assumption, without representation or warranty by the Assignor. 
  
 1. Assignor:
                                        

  
 2. Assignee:
                                        
[and is an Affiliate/Approved Fund of [identify Lender]] 
  
 3.
Administrative Agent: Bank of America, N.A., as the administrative agent under the Agreement 
  
 4. Agreement: The Term Loan Agreement, dated as of December 21, 2005, among Gilead Biopharmaceutics Ireland Corporation, the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative
Agent. 
  

 D - 1 

 5. Assigned Interest:1 
  

									
	 Loan and
 Commitment

	  	 Aggregate Amount of
 Commitment/Loans
 for all Lenders*

	  	 Amount of
 Commitment/Loans
 Assigned*

	  	 Percentage
 Assigned of
 Commitment/Loans2

	 	CUSIP
Number

	 	  	$                     	  	$                     	  	                    %	 	 

  
 [7. Trade Date:
                    ]3 
  
 Effective Date:
                    , 20     [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF
RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 
  
 The terms
set forth in this Assignment and Assumption are hereby agreed to: 
  

							
	ASSIGNOR	 	ASSIGNEE
	[NAME OF ASSIGNOR]	 	[NAME OF ASSIGNEE]
				
	By:	 	  

	 	By:	 	  

	Title:	 	 	 	Title:	 	 
			
	Consented to and Accepted:	 	 	 	 
			
	BANK OF AMERICA, N.A., as	 	 	 	 
	    Administrative Agent	 	 	 	 
				
	By:	 	  

	 	 	 	 
	Title:	 	 	 	 	 	 
			
	[Consented to:]4	 	 	 	 
				
	By:	 	  

	 	 	 	 
	Title:	 	 	 	 	 	 

  

	*	Amount to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date. 

	1	The reference to “Loans” in the table should be used only if the Credit Agreement provides for term loans. 

	2	Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 

	3	To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date. 

	4	To be added only if the consent of the Borrower is required by the terms of the Credit Agreement. 

  

 D - 2 

 ANNEX 1 TO ASSIGNMENT AND ASSUMPTION 
  
 STANDARD TERMS AND CONDITIONS FOR 
 ASSIGNMENT AND ASSUMPTION 
  
 1. Representations and Warranties. 
  
 1.1. Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest,
(ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to
consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Agreement or any other Loan Document, (ii) the
execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral thereunder, (iii) the financial condition of the Borrower, any of the Subsidiaries or Affiliates or any other Person
obligated in respect of any Loan Document or (iv) the performance or observance by the Borrower, any of the Subsidiaries or Affiliates or any other Person of any of their respective obligations under any Loan Document. 
  
 1.2. Assignee. The Assignee (a) represents and warrants that
(i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Agreement, (ii) it meets
all requirements of an Eligible Assignee under the Agreement (subject to receipt of such consents as may be required under the Agreement), (iii) from and after the Effective Date, it shall be bound by the provisions of the Agreement as a Lender
thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it has received a copy of the Agreement, together with copies of the most recent financial statements delivered pursuant to
Section 6.01 thereof, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on
the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender, and (v) if it is a Foreign Lender, attached hereto is any documentation required to be delivered by it
pursuant to the terms of the Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent, the Assignor or any other Lender, and based on such
documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with their terms all of the
obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. 
  
 2. Payments. From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including
payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but not excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date. 
  

 D - 3 

 3. General Provisions. This Assignment and Assumption shall be binding upon, and inure to the
benefit of, the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a
signature page of this Assignment and Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in accordance with,
the Law of the State of New York. 
  

 D - 4 

 EXHIBIT E-1 
  
 FORM OF PARENT GUARANTY AGREEMENT 
  
 This PARENT GUARANTY AGREEMENT, dated as of December 21, 2005 (this “Agreement”), is made by GILEAD
SCIENCES, INC., a Delaware corporation (“Parent” or “Guarantor”) in favor of BANK OF AMERICA, N.A., as administrative agent (in such capacities, the “Administrative Agent”) for each of the Credit
Parties). 
  
 RECITALS 
  
 WHEREAS, pursuant to a Term Loan Agreement, dated as of the date
hereof (the “Term Loan Agreement”), among Gilead Biopharmaceutics Ireland Corporation, an Irish company (the “Borrower”), the Lenders party thereto from time to time, the Administrative Agent, and the other agents
party thereto, and the other Loan Documents referred to therein, the Lenders, and the other Credit Parties have agreed to make Loans to or for the benefit of the Borrower; 
  
 WHEREAS, the obligations of the Lenders to make the Loans to or for the benefit of the Borrower under the Term Loan
Agreement are conditioned upon, among other things, the execution and delivery of this Agreement by the Guarantor; 
  
 WHEREAS, the Borrower is a subsidiary of the Guarantor, which will derive substantial direct and indirect benefits from the Term Loan Agreement and
the Loans to be made or issued thereunder by the Lenders to or for the benefit of the Borrower and the other financial accommodations to the Borrower and its Subsidiaries as may be made available by the other Credit Parties; 
  
 WHEREAS, Guarantor is willing to guarantee the Obligations of the
Borrower as hereinafter provided in order to obtain such benefits; 
  
 NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Guarantor agrees, for the benefit of each Credit Party, as follows: 
  
 ARTICLE I 
 DEFINITIONS 
  
 1.01 Definitions. The following terms (whether or not underscored) when used in this Agreement, including its preamble and recitals, shall have the following meanings (such definitions to be equally applicable to the singular and
plural forms thereof): 
  
 “Administrative
Agent” is defined in the preamble. 
  
 “Agreement” is defined in the preamble. 
  
 “Borrower” is defined in the first recital. 
  

 E - 1 - 1 

 “Credit Parties” means the Administrative Agent, each Lender, each Swap Bank and each
Cash Management Bank. 
  
 “Guaranteed
Obligations” is defined in Section 2.01. 
  
 “Guarantor” is defined in the preamble. 
  
 “Parent” is defined in the preamble. 
  
 “Post Petition Interest” is defined in Section 2.04(b)(ii). 
  
 “Subordinated Obligations” is defined in Section 2.04(b). 
  
 “Term Loan Agreement” is defined in the first recital. 
  
 “Termination Date” means the date on which payment in full
in cash of the Obligations of the Borrower has occurred. 
  
 1.02 Term Loan Agreement Definitions. Unless otherwise defined herein or the context otherwise requires, terms used in this Agreement, including its preamble and recitals, have the meanings provided in the Term Loan Agreement.

  
 1.03 Other Interpretive Provisions. The rules of
construction in Sections 1.02 to 1.06 of the Term Loan Agreement shall be equally applicable to this Agreement. 
  
 ARTICLE II 
 GUARANTY 
  
 2.01 Guaranty; Limitation of Liability. (a)Guarantor hereby
absolutely, unconditionally and irrevocably guarantees the punctual payment when due, whether at scheduled maturity or on any date of a required prepayment or by acceleration, demand or otherwise, of all Obligations of the Borrower (including,
without limitation, any extensions, modifications, substitutions, amendments, amendments and restatements, replacements or renewals of any or all of the foregoing Obligations), whether direct or indirect, absolute or contingent, and whether for
principal, interest, premiums, fees, indemnities, contract causes of action, costs, expenses or otherwise (the Obligations of the Borrower being the “Guaranteed Obligations” of Guarantor), and agrees to pay any and all expenses
(including, without limitation, all reasonable fees, charges and disbursements of counsel) incurred by the Administrative Agent or any other Credit Party in enforcing any rights under this Agreement or any other Loan Document. Without limiting the
generality of the foregoing, Guarantor’s Obligations hereunder shall extend to all amounts that constitute part of the Guaranteed Obligations that would be owed by any other Loan Party to any Credit Party under or in respect of the Loan
Documents but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving such other Loan Party. 
  
 (b) Guarantor, and the Administrative Agent, for itself and each other Credit Party, hereby confirms that it is the
intention of all such Persons that this Agreement and the Obligations of Guarantor hereunder not constitute a fraudulent transfer or conveyance for 
  

 E - 1 - 2 

 purposes of Debtor Relief Laws, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar
Law to the extent applicable to this Agreement and the Obligations of Guarantor hereunder. To effectuate the foregoing intention, the Administrative Agent, the other Credit Parties and the Guarantor hereby irrevocably agree that the Obligations of
Guarantor under this Agreement at any time shall be limited to the maximum amount as will result in the Obligations of Guarantor under this Agreement not constituting a fraudulent transfer or conveyance. 
  
 (c) Guarantor hereby unconditionally and irrevocably agrees that in the
event any payment shall be required to be made to any Credit Party under this Agreement or any other Subsidiary Guaranty, Guarantor will contribute, to the maximum extent permitted by Law, such amounts to each Subsidiary Guarantor or each other
guarantor so as to maximize the aggregate amount paid to the Credit Parties under or in respect of the Loan Documents. 
  
 2.02 Guaranty Absolute. Guarantor guarantees that the Guaranteed Obligations will be paid strictly in accordance with the terms of the Loan
Documents, regardless of any Law now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of any Credit Party with respect thereto. The Obligations of Guarantor under or in respect of this Agreement are independent of
the Guaranteed Obligations or any other Obligations of any other Loan Party under or in respect of the Loan Documents, and a separate action or actions may be brought and prosecuted against Guarantor to enforce this Agreement, irrespective of
whether any action is brought against the Borrower or any other Loan Party or whether the Borrower or any other Loan Party is joined in any such action or actions. This Agreement is a present and continuing, absolute and unconditional guarantee of
payment when due, and not of collection, by Guarantor. The liability of Guarantor under this Agreement shall be irrevocable, absolute and unconditional irrespective of, and Guarantor hereby irrevocably waives any defenses it may now have or
hereafter acquire in any way relating to, any or all of the following: 
  
 (a) any lack of validity or enforceability of any Loan Document or any agreement or instrument relating thereto; 
  
 (b) any change in the time, manner or place of payment of, or in any other term of, all or any of the Obligations of any other Loan Party under or in
respect of the Loan Documents, or any other amendment or waiver of or any consent to departure from any Loan Document, including, without limitation, any increase in the Guaranteed Obligations resulting from the extension of additional credit to any
Loan Party or any of its Subsidiaries or otherwise; 
  
 (c) any
taking, release, subordination or amendment or waiver of, or consent to departure from, any other guarantee, for all or any of the Guaranteed Obligations; 
  
 (d) any change, restructuring or termination of the corporate structure or existence of any Loan Party or any of its Subsidiaries or any insolvency,
bankruptcy, reorganization or other similar proceeding under Debtor Relief Laws affecting the Borrower or any other Loan Party or its assets or any resulting release or discharge of any Guaranteed Obligation; 
  

 E - 1 - 3 

 (e) the existence of any claim, setoff or other right which Guarantor may have at any time against any
Loan Party, the Administrative Agent, any Lender or any other Person, whether in connection herewith or any unrelated transaction; 
  
 (f) any provision of applicable Law purporting to prohibit the payment or performance by any Loan Party of any of the Obligations of such Loan Party;

  
 (g) any failure of any Credit Party to disclose to any Loan
Party any information relating to the business, financial condition, operations, performance, properties or prospects of any other Loan Party now or hereafter known to such Credit Party (Guarantor waives any duty on the part of the Credit Parties to
disclose such information); 
  
 (h) the failure of any other
Person to execute or deliver this Agreement or any other guarantee or agreement or the release or reduction of liability of Guarantor or other guarantor or surety with respect to the Guaranteed Obligations; or 
  
 (i) any other circumstance (including, without limitation, any statute of
limitations) or any existence of or reliance on any representation by any Credit Party that might otherwise constitute a defense available to, or a discharge of, any Loan Party or any other guarantor or surety. 
  
 2.03 Waivers and Acknowledgments. 
  
 (a) Guarantor hereby unconditionally and irrevocably waives, to the extent
permitted by applicable Law, promptness, diligence, notice of acceptance, presentment, demand for performance, notice of nonperformance, default, acceleration, protest or dishonor and any other notice with respect to any of the Guaranteed
Obligations and this Agreement and any requirement that any Credit Party protect, secure, perfect or insure any Lien or any property subject thereto or exhaust any right or take any action against any Loan Party or any other Person. 
  
 (b) Guarantor hereby unconditionally and irrevocably waives, to the extent
permitted by applicable Law, any right to revoke this Agreement and acknowledges that this Agreement is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future. 
  
 (c) Guarantor hereby unconditionally and irrevocably waives, to the extent
permitted by applicable Law, (i) any defense arising by reason of any claim or defense based upon an election of remedies by any Credit Party that in any manner impairs, reduces, releases or otherwise adversely affects the subrogation,
reimbursement, exoneration, contribution or indemnification rights of Guarantor or other rights of Guarantor to proceed against any of the other Loan Parties, any other guarantor or any other Person and (ii) any defense based on any right of
setoff or counterclaim against or in respect of the Obligations of Guarantor hereunder. 
  
 (d) Guarantor hereby unconditionally and irrevocably waives any duty on the part of any Credit Party to disclose to it any matter, fact or thing relating to the business, financial condition, operations, performance,
properties or prospects of any other Loan Party or any of its Subsidiaries now or hereafter known by such Credit Party. 
  

 E - 1 - 4 

 (e) Guarantor acknowledges that it will receive substantial direct and indirect benefits from the
financing arrangements contemplated by the Loan Documents and that the waivers set forth in Section 2.02 and this Section 2.03 are knowingly made in contemplation of such benefits. 
  
 2.04 Subordination. (a) Guarantor hereby unconditionally and
irrevocably agrees not to exercise any rights that it may now have or hereafter acquire against the Borrower, any other Guarantor or any other insider guarantor that arise from the existence, payment, performance or enforcement of Guarantor’s
Obligations under or in respect of this Agreement or any other Loan Document, including, without limitation, any right of subrogation, reimbursement, exoneration, contribution (pursuant to Section 2.01(c) or otherwise) or indemnification
and any right to participate in any claim or remedy of any Credit Party against the Borrower, Guarantor or any other insider guarantor, whether or not such claim, remedy or right arises in equity or under contract, statute or common law, including,
without limitation, the right to take or receive from the Borrower, any other Guarantor or any other insider guarantor, directly or indirectly, in cash or other property or by setoff or in any other manner, payment or security on account of such
claim, remedy or right without the prior written consent of the Administrative Agent, unless and until the Termination Date has occurred. 
  
 (b) Guarantor hereby agrees that any and all debts, liabilities and other obligations owed to it by each other Loan Party, including pursuant to
Section 2.01(c) (collectively, the “Subordinated Obligations”), are hereby subordinated to the prior payment in full in cash of the Obligations of such other Loan Party under the Loan Documents to the extent and in the
manner hereinafter set forth in this Section 2.04(b): 
  
 (i) Except during the continuance of an Event of Default (including the commencement and continuation of any proceeding under any Debtor Relief Law relating to any other Loan Party), Guarantor may receive regularly
scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Debtor Relief
Law relating to any other Loan Party), however, unless the Administrative Agent otherwise agrees in writing, Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations. 
  
 (ii) In any proceeding under any Debtor Relief Law relating
to any other Loan Party, Guarantor agrees that unless the Administrative Agent otherwise agrees in writing the Credit Parties shall be entitled to receive payment in full in cash of all Obligations (including all interest and expenses accruing after
the commencement of a proceeding under any Debtor Relief Law, whether or not constituting an allowed claim in such proceeding (“Post Petition Interest”)) of each other Loan Party before Guarantor receives payment of any Subordinated
Obligations of such other Loan Party. 
  
 (iii)
After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Debtor Relief Law relating to any other Loan Party), Guarantor shall, if the Administrative Agent so
requests, collect, enforce and receive payments on account of 
  

 E - 1 - 5 

 any Subordinated Obligations due to Guarantor from any other Loan Party as trustee for the Credit Parties
and deliver such payments to the Administrative Agent for application to the Guaranteed Obligations (including all Post Petition Interest), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting
in any manner the liability of Guarantor under the other provisions of this Agreement. 
  
 (iv) After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any
proceeding under any Debtor Relief Law relating to any other Loan Party), the Administrative Agent is authorized and empowered (but without any obligation to so do), in its discretion, (A) in the name of Guarantor, to collect and enforce, and
to submit claims in respect of, Subordinated Obligations due to Guarantor and to apply any amounts received thereon to the Guaranteed Obligations (including any and all Post Petition Interest), and (B) to require Guarantor (1) to collect
and enforce, and to submit claims in respect of, Subordinated Obligations due to Guarantor and (2) to pay any amounts received on such obligations to the Administrative Agent for application to the Guaranteed Obligations (including any and all
Post Petition Interest). 
  
 (c) If any amount shall be paid to
Guarantor in violation of this Section 2.04 at any time prior to the Termination Date, such amount shall be received and held in trust for the benefit of the Credit Parties, shall be segregated from other property and funds of Guarantor
and shall forthwith be paid or delivered to the Administrative Agent in the same form as so received (with any necessary endorsement or assignment) to be credited and applied to the Guaranteed Obligations and all other amounts payable under this
Agreement, whether matured or unmatured, in accordance with the terms of the Loan Documents. 
  
 (d) If the Termination Date shall have occurred, the Administrative Agent will, at Guarantor’s request and expense, execute and deliver to Guarantor appropriate documents, without recourse and without
representation or warranty, necessary to evidence the transfer by subrogation to Guarantor of an interest in the Guaranteed Obligations resulting from any payment made by Guarantor pursuant to this Agreement. 
  
 2.05 Payments Free and Clear of Taxes, Etc. (a) Any and all
payments made by Guarantor under or in respect of this Agreement or any other Loan Document shall be made, in accordance with Section 3.01 of the Term Loan Agreement, free and clear of and without reduction or withholding for any Indemnified
Taxes (including Other Taxes), provided that if Guarantor shall be required by any Laws to deduct any Indemnified Taxes (including Other Taxes) from such payments, then (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 2.05), each of the Administrative Agent or applicable Lender, as the case may be, receives an amount equal to the sum it would
have received had no such deductions been required to be made, (ii) Guarantor shall make such deductions, and (iii) Guarantor shall timely pay the full amount deducted to the relevant Governmental Authority in accordance with Law.

  
 (b) Without limiting the provisions of subsection
(a) above, Guarantor shall timely pay any Other Taxes that arise from any payment made by or on behalf of Guarantor 
  

 E - 1 - 6 

 under or in respect of this Agreement or any other Loan Document or from the execution, delivery, performance,
enforcement or registration of, or otherwise with respect to, this Agreement and the other Loan Documents to the relevant Governmental Authority in accordance with Law. 
  
 (c) Guarantor shall indemnify the Administrative Agent and each Lender within 10 days after demand therefor, for the full
amount of Indemnified Taxes or Other Taxes (including any Indemnified Taxes or Other Taxes imposed or asserted or attributable to amounts payable under this Section) paid by the Administrative Agent or such Lender, as the case may be, and any
penalties, interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the
amount of such payment or liability delivered to Guarantor by a Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error. 
  
 (d) As soon as practicable after any payment of Indemnified Taxes or Other
Taxes by Guarantor to a Governmental Authority, Guarantor shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment or other evidence of such payment
reasonably satisfactory to the Administrative Agent. 
  
 ARTICLE
III 
 REPRESENTATIONS AND WARRANTIES 
  
 3.01 Term Loan Agreement Representations and Warranties. Guarantor hereby makes each representation and warranty made in the Term Loan Agreement by
the Borrower with respect to it. 
  
 3.02 No Conditions
Precedent. There are no conditions precedent to the effectiveness of this Agreement that have not been satisfied or waived. 
  
 3.03 Independent Credit Analysis. Guarantor has, independently and without reliance upon any Credit Party and based on such documents and
information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and each other Loan Document to which it is or is to be a party, and Guarantor has established adequate means of obtaining from each
other Loan Party on a continuing basis information pertaining to, and is now and on a continuing basis will be completely familiar with, the business, financial condition, operations, performance, properties and prospects of such other Loan Party.

  
 ARTICLE IV 
 COVENANTS 
  
 4.01 Term Loan Agreement Covenants. Guarantor covenants and agrees that until the Termination Date, Guarantor will perform and observe, and cause
each of its Subsidiaries to perform and observe, all of the terms, covenants and agreements set forth in the Term Loan Agreement on its or their part to be performed or observed or that the Borrower has agreed to cause Guarantor to perform or
observe. 
  

 E - 1 - 7 

 ARTICLE V 
 MISCELLANEOUS PROVISIONS 
  
 5.01 Loan Document. This Agreement is a Loan Document executed pursuant to the Term Loan Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with the terms and
provisions thereof. 
  
 5.02 No Waiver; Remedies. No
failure on the part of any Credit Party to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or
the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by the Law. 
  
 5.03 Right of Setoff. If an Event of Default shall have occurred and be continuing, each Credit Party and each of their respective Affiliates is
hereby authorized at any time and from time to time, to the fullest extent permitted by applicable Law, to setoff and apply any and all deposits (general or special, time or demand, provisional or final in whatever currency) at any time held and
other obligations (in whatever currency) at any time owing by, such Credit Party or any such Affiliate to or for the credit or the account of Guarantor against any and all of the Obligations of Guarantor now or hereafter existing under this
Agreement or any other Loan Documents to such Credit Party, irrespective of whether or not such Credit Party shall have made any demand under this Agreement or any other Loan Document and although such Obligations of Guarantor may be contingent or
unmatured or are owed to a branch or office of such Credit Party different from the branch or office holding such deposit or obligated on such indebtedness. The rights of each Credit Party and their respective Affiliates under this Section are in
addition to other rights and remedies (including other rights of setoff) that such Credit Party or their respective Affiliates may have. Each Credit Party agrees to notify Guarantor and the Administrative Agent promptly after any such setoff and
application; provided, that the failure to give such notice shall not affect the validity of such setoff and application. 
  
 5.04 Indemnification. (a) Without limitation of Guarantor’s obligation to guarantee the Borrower’s reimbursement and indemnification
Obligations under Section 10.04 of the Term Loan Agreement, Guarantor shall independently indemnify each Indemnitee against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses
(including the reasonable fees, charges and disbursements of any counsel for any Indemnitee), and shall indemnify and hold harmless each Indemnitee from any and all fees and time charges and disbursements for attorneys who may be employees of any
Indemnitee incurred by any Indemnitee or asserted against any Indemnitee by any third party or by the Borrower or any other Loan Party as and to the extent provided in Section 10.04 of the Term Loan Agreement. 
  
 (b) Guarantor hereby also agrees that none of the Indemnitees shall have any
liability (whether direct or indirect, in contract, tort or otherwise) to the Guarantor or any of their respective Affiliates, directors, officers, employees, counsel, agents and attorneys-in-fact, and Guarantor hereby agrees not to assert any claim
against any Indemnitee on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of the Loans, the actual or proposed use of the
proceeds of the Loan, the Loan Documents or any of the transactions contemplated by the Loan Documents. 
  

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 (c) All amounts due under this Section 5.04 shall be payable not later than ten Business Days
after demand therefor. 
  
 (d) Without prejudice to the survival
of any of the other agreements of Guarantor under this Agreement or any of the other Loan Documents, the agreements and obligations of Guarantor contained in Section 2.01(a) (with respect to enforcement expenses), the last sentence of
Section 2.02, Section 2.05 and this Section 5.04 shall survive the payment in full of the Guaranteed Obligations and all of the other amounts payable under this Agreement. 
  
 5.05 Continuing Guaranty; Reinstatement. (a)This Agreement is a
continuing agreement and shall (i) remain in full force and effect with respect to Guarantor until the Termination Date, (ii) be binding upon Guarantor, its successors and assigns and (iii) inure to the benefit of and be enforceable
by the Credit Parties and their successors, transferees and assigns. 
  
 (b) This Agreement shall continue to be effective or be reinstated, as the case may be, with respect to the Guarantor if at any time any payment of any of the Guaranteed Obligations of Guarantor is rescinded or must otherwise be returned by
any Credit Party or any other Person in connection with the insolvency, bankruptcy, reorganization or other similar proceedings affecting the Borrower or any other Loan Party under Debtor Relief Laws or otherwise, all as though such payment had not
been made. 
  
 (c) The Obligations of Guarantor under this
Agreement shall terminate on the Termination Date. 
  
 5.06
Amendments, etc.; Additional Guarantors; Successors and Assigns. (a) No amendment to or waiver of any provision of this Agreement nor consent to any departure by Guarantor herefrom, shall in any event be effective unless the same shall be
in writing and signed by the Administrative Agent and, with respect to any such amendment, by the Guarantor, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. 

 
 (b) This Agreement shall be binding upon Guarantor and its successors,
transferees and assigns and shall inure to the benefit of the Administrative Agent and each other Credit Party and their respective successors, transferees and assigns; provided, however, that Guarantor may not assign its obligations
hereunder without the prior written consent of the Administrative Agent. 
  
 5.07 Addresses for Notices. All notices and other communications provided for hereunder shall be in writing and mailed, delivered or transmitted by telecopier to Guarantor at the address set forth in
Section 10.02 of the Term Loan Agreement. All such notices and other communications shall be deemed to be given or made at the times provided in Section 10.02 of the Term Loan Agreement. 
  
 5.08 Section Captions. Section captions used in this Agreement are for
convenience of reference only, and shall not affect the construction of this Agreement. 
  

 E - 1 - 9 

 5.09 Severability. If any provision of this Agreement is held to be illegal, invalid or
unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Agreement shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations to replace the illegal,
invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in a particular jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. 
  
 5.10 Counterparts. This Agreement may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together
shall constitute a single contract. 
  
 5.11 Governing Law,
Etc. (a) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
  
 (b) GUARANTOR IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW
YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN
DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND GUARANTOR IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. GUARANTOR AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED
BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT OR ANY OTHER CREDIT PARTY MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT
AGAINST THE GUARANTOR OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 
  
 (c) GUARANTOR IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING
OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (b) OF THIS SECTION. GUARANTOR HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT
FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 
  

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 (d) GUARANTOR IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN
SECTION 5.07. 
  
 5.12 Right to Trial by Jury.
GUARANTOR HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT
OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). GUARANTOR CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER
PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER . 
  
 5.13 Entire Agreement. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES THERETO AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL
AGREEMENTS OF THE PARTIES THERETO OR BY PRIOR OR CONTEMPORANEOUS WRITTEN AGREEMENTS. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG SUCH PARTIES. 
  
 [Signature Page Follows] 
  

 E - 1 - 11 

 IN WITNESS WHEREOF, Guarantor has caused this Agreement to be duly executed and delivered by its officer
thereunto duly authorized as of the date first above written. 
  

			
	GILEAD SCIENCES, INC.
		
	By:	 	  

	Name:	 	 
	Title:	 	 

  

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 EXHIBIT E-2 
  
 FORM OF SUBSIDIARY GUARANTY AGREEMENT 
  
 This SUBSIDIARY GUARANTY AGREEMENT, dated as of December 21, 2005 (this “Agreement”), is made by and
among each Subsidiary of Gilead Sciences, Inc., a Delaware corporation (“Parent”), listed on the signature pages hereof (such Subsidiaries, together with any Additional Guarantors which hereafter become a party to this Agreement
pursuant to Section 5.06, are collectively referred to as the “Guarantors” and individually as a “Guarantor”), in favor of BANK OF AMERICA, N.A., as administrative agent (in such capacities, the
“Administrative Agent”) for each of the Credit Parties. 
  
 RECITALS 
  
 WHEREAS, pursuant to a Term
Loan Agreement, dated as of the date hereof (the “Term Loan Agreement”), among Gilead Biopharmaceutics Ireland Corporation, an Irish company (the “Borrower”), the Lenders party thereto from time to time, Bank of
America, N.A., as Administrative Agent, and the other agents party thereto, and the other Loan Documents referred to therein, the Lenders and the other Credit Parties have agreed to make Loans to or for the benefit of the Borrower; 
  
 WHEREAS, the obligations of the Lenders to make the Loans to or for
the benefit of the Borrower under the Term Loan Agreement are conditioned upon, among other things, the execution and delivery of this Agreement by each Guarantor; 
  
 WHEREAS, each Guarantor is engaged in a business which is related to the business of the Borrower and will derive
substantial direct and indirect benefits from the Term Loan Agreement and the Loans to be made or issued thereunder by the Lenders to or for the benefit of the Borrower and the other financial accommodations to the Borrower and their Subsidiaries as
may be made available by the other Credit Parties; 
  
 WHEREAS, each Guarantor is willing to guarantee the Obligations of the Borrower as hereinafter provided in order to obtain such benefits; 
  
 NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each Guarantor agrees, for the
benefit of each Credit Party, as follows: 
  
 ARTICLE I

 DEFINITIONS 
  
 1.01 Definitions. The following terms (whether or not underscored) when used in this Agreement, including its preamble and recitals, shall have the
following meanings (such definitions to be equally applicable to the singular and plural forms thereof): 
  
 “Additional Guarantors” is defined in Section 5.06(b). 
  

 E - 2 - 1 

 “Administrative Agent” is defined in the preamble. 
  
 “Agreement” is defined in the preamble. 

 
 “Borrower” is defined in the first recital.

  
 “Credit Parties” means the Administrative
Agent, each Lender, each Swap Bank and each Cash Management Bank. 
  
 “Guaranteed Obligations” is defined in Section 2.01. 
  
 “Guarantor” and “Guarantors” are defined in the preamble. 
  
 “Parent” is defined in the preamble. 
  
 “Post Petition Interest” is defined in Section 2.04(b)(ii). 
  
 “Subordinated Obligations” is defined in Section 2.04(b). 
  
 “Term Loan Agreement” is defined in the first
recital. 
  
 “Termination Date” means on the
date on which payment in full in cash of the Obligations of the Borrower has occurred. 
  
 1.02 Term Loan Agreement Definitions. Unless otherwise defined herein or the context otherwise requires, terms used in this Agreement, including its preamble and recitals, have the meanings provided in the Term
Loan Agreement. 
  
 1.03 Other Interpretive Provisions. The
rules of construction in Sections 1.02 to 1.06 of the Term Loan Agreement shall be equally applicable to this Agreement. 
  
 ARTICLE II 
 GUARANTEE 

 
 2.01 Guarantee; Limitation of Liability. (a)Each Guarantor, jointly
and severally, hereby absolutely, unconditionally and irrevocably guarantees the punctual payment when due, whether at scheduled maturity or on any date of a required prepayment or by acceleration, demand or otherwise, of all Obligations of the
Borrower and all Obligations of each other Guarantor now or hereafter existing under or in respect of the Loan Documents (including, without limitation, any extensions, modifications, substitutions, amendments, amendments and restatements,
replacements or renewals of any or all of the foregoing Obligations), whether direct or indirect, absolute or contingent, and whether for principal, interest, premiums, fees, indemnities, contract causes of action, costs, expenses or otherwise (the
Obligations of the Borrower and the other Guarantors guaranteed by each Guarantor being the “Guaranteed Obligations” of such Guarantor), and agrees to pay any and all expenses (including, without limitation, all reasonable fees,
charges and disbursements of counsel) incurred by the Administrative Agent or any other Credit Party in enforcing any rights under this Agreement or any other Loan Document. Without limiting the generality of the foregoing, each Guarantor’s
Obligations hereunder shall extend to all amounts that constitute part of the Guaranteed 
  

 E - 2 - 2 

 Obligations of such Guarantor and would be owed by any other Loan Party to any Credit Party under or in respect of the
Loan Documents but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving such other Loan Party. 
  
 (b) Each Guarantor, and the Administrative Agent, for itself and each other Credit Party, hereby confirms that it is the
intention of all such Persons that this Agreement and the Obligations of each Guarantor hereunder not constitute a fraudulent transfer or conveyance for purposes of Debtor Relief Laws, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent
Transfer Act or any similar Law to the extent applicable to this Agreement and the Obligations of each Guarantor hereunder. To effectuate the foregoing intention, the Administrative Agent, the other Credit Parties and the Guarantors hereby
irrevocably agree that the Obligations of each Guarantor under this Agreement at any time shall be limited to the maximum amount as will result in the Obligations of such Guarantor under this Agreement not constituting a fraudulent transfer or
conveyance. 
  
 (c) Each Guarantor hereby unconditionally and
irrevocably agrees that in the event any payment shall be required to be made to any Credit Party under this Agreement, such Guarantor will contribute, to the maximum extent permitted by Law, such amounts to each other Guarantor so as to maximize
the aggregate amount paid to the Credit Parties under or in respect of the Loan Documents. 
  
 2.02 Guarantee Absolute. Each Guarantor guarantees that the Guaranteed Obligations of such Guarantor will be paid strictly in accordance with the terms of the Loan Documents, regardless of any Law now or
hereafter in effect in any jurisdiction affecting any of such terms or the rights of any Credit Party with respect thereto. The Obligations of each Guarantor under or in respect of this Agreement are independent of the Guaranteed Obligations or any
other Obligations of any other Loan Party under or in respect of the Loan Documents, and a separate action or actions may be brought and prosecuted against each Guarantor to enforce this Agreement, irrespective of whether any action is brought
against the Borrower or any other Loan Party or whether the Borrower or any other Loan Party is joined in any such action or actions. This Agreement is a present and continuing, absolute and unconditional guarantee of payment when due, and not of
collection, by each Guarantor jointly and severally with each other Guarantor of the Obligations of the Borrower or any other Guarantor. The liability of each Guarantor under this Agreement shall be irrevocable, absolute and unconditional
irrespective of, and each Guarantor hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to, any or all of the following: 
  
 (a) any lack of validity or enforceability of any Loan Document or any agreement or instrument relating thereto; 

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

 E - 2 - 3 

 (c) any taking, release, subordination or amendment or waiver of, or consent to departure from, any other
guarantee, for all or any of the Guaranteed Obligations; 
  
 (d)
any change, restructuring or termination of the corporate structure or existence of any Loan Party or any of its Subsidiaries or any insolvency, bankruptcy, reorganization or other similar proceeding under Debtor Relief Laws affecting the Borrower
or any other Loan Party or its assets or any resulting release or discharge of any Guaranteed Obligation; 
  
 (e) the existence of any claim, setoff or other right which any Guarantor may have at any time against any Loan Party, the Administrative Agent, any
Lender or any other Person, whether in connection herewith or any unrelated transaction; 
  
 (f) any provision of applicable Law purporting to prohibit the payment or performance by any Loan Party of any of the Obligations of such Loan Party; 
  
 (g) any failure of any Credit Party to disclose to any Loan Party any information relating to the business, financial
condition, operations, performance, properties or prospects of any other Loan Party now or hereafter known to such Credit Party (each Guarantor waiving any duty on the part of the Credit Parties to disclose such information); 
  
 (h) the failure of any other Person to execute or deliver this Agreement or
any other guarantee or agreement or the release or reduction of liability of any Guarantor or other guarantor or surety with respect to the Guaranteed Obligations; or 
  
 (i) any other circumstance (including, without limitation, any statute of limitations) or any existence of or reliance on
any representation by any Credit Party that might otherwise constitute a defense available to, or a discharge of, any Loan Party or any other guarantor or surety. 
  
 2.03 Waivers and Acknowledgments. 
  
 (a) Each Guarantor hereby unconditionally and irrevocably waives, to the extent permitted by applicable Law, promptness,
diligence, notice of acceptance, presentment, demand for performance, notice of nonperformance, default, acceleration, protest or dishonor and any other notice with respect to any of the Guaranteed Obligations and this Agreement and any requirement
that any Credit Party protect, secure, perfect or insure any Lien or any property subject thereto or exhaust any right or take any action against any Loan Party or any other Person. 
  
 (b) Each Guarantor hereby unconditionally and irrevocably waives, to the extent permitted by applicable Law, any right to
revoke this Agreement and acknowledges that this Agreement is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future. 
  
 (c) Each Guarantor hereby unconditionally and irrevocably waives, to the extent permitted by applicable Law, (i) any
defense arising by reason of any claim or defense based upon an election of remedies by any Credit Party that in any manner impairs, reduces, 
  

 E - 2 - 4 

 releases or otherwise adversely affects the subrogation, reimbursement, exoneration, contribution or indemnification
rights of such Guarantor or other rights of such Guarantor to proceed against any of the other Loan Parties, any other guarantor or any other Person and (ii) any defense based on any right of setoff or counterclaim against or in respect of the
Obligations of such Guarantor hereunder. 
  
 (d) Each Guarantor
hereby unconditionally and irrevocably waives any duty on the part of any Credit Party to disclose to such Guarantor any matter, fact or thing relating to the business, financial condition, operations, performance, properties or prospects of any
other Loan Party or any of its Subsidiaries now or hereafter known by such Credit Party. 
  
 (e) Each Guarantor acknowledges that it will receive substantial direct and indirect benefits from the financing arrangements contemplated by the Loan Documents and that the waivers set forth in
Section 2.02 and this Section 2.03 are knowingly made in contemplation of such benefits. 
  
 2.04 Subordination. (a) Each Guarantor hereby unconditionally and irrevocably agrees not to exercise any rights that it may now have or
hereafter acquire against the Borrower, any other Guarantor or any other insider guarantor that arise from the existence, payment, performance or enforcement of such Guarantor’s Obligations under or in respect of this Agreement or any other
Loan Document, including, without limitation, any right of subrogation, reimbursement, exoneration, contribution (pursuant to Section 2.01(c) or otherwise) or indemnification and any right to participate in any claim or remedy of any
Credit Party against the Borrower, any other Guarantor or any other insider guarantor, whether or not such claim, remedy or right arises in equity or under contract, statute or common law, including, without limitation, the right to take or receive
from the Borrower, any other Guarantor or any other insider guarantor, directly or indirectly, in cash or other property or by setoff or in any other manner, payment or security on account of such claim, remedy or right without the prior written
consent of the Administrative Agent, unless and until the Termination Date has occurred. 
  
 (b) Each Guarantor hereby agrees that any and all debts, liabilities and other obligations owed to such Guarantor by each other Loan Party, including pursuant to Section 2.01(c) (collectively, the
“Subordinated Obligations”), are hereby subordinated to the prior payment in full in cash of the Obligations of such other Loan Party under the Loan Documents to the extent and in the manner hereinafter set forth in this
Section 2.04(b): 
  
 (i) Except
during the continuance of an Event of Default (including the commencement and continuation of any proceeding under any Debtor Relief Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan
Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Debtor Relief Law relating to any other Loan Party),
however, unless the Administrative Agent otherwise agrees in writing, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations. 
  
 (ii) In any proceeding under any Debtor Relief Law relating
to any other Loan Party, each Guarantor agrees that unless the Administrative Agent otherwise 
  

 E - 2 - 5 

 agrees in writing the Credit Parties shall be entitled to receive payment in full in cash of all
Obligations (including all interest and expenses accruing after the commencement of a proceeding under any Debtor Relief Law, whether or not constituting an allowed claim in such proceeding (“Post Petition Interest”)) of each other
Loan Party before such Guarantor receives payment of any Subordinated Obligations of such other Loan Party. 
  
 (iii) After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any
proceeding under any Debtor Relief Law relating to any other Loan Party), each Guarantor shall, if the Administrative Agent so requests, collect, enforce and receive payments on account of any Subordinated Obligations due to such Guarantor from any
other Loan Party as trustee for the Credit Parties and deliver such payments to the Administrative Agent for application to the Guaranteed Obligations (including all Post Petition Interest), together with any necessary endorsements or other
instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this Agreement. 
  
 (iv) After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any
proceeding under any Debtor Relief Law relating to any other Loan Party), the Administrative Agent is authorized and empowered (but without any obligation to so do), in its discretion, (A) in the name of any Guarantor, to collect and enforce,
and to submit claims in respect of, Subordinated Obligations due to such Guarantor and to apply any amounts received thereon to the Guaranteed Obligations (including any and all Post Petition Interest), and (B) to require any Guarantor
(1) to collect and enforce, and to submit claims in respect of, Subordinated Obligations due to such Guarantor and (2) to pay any amounts received on such obligations to the Administrative Agent for application to the Guaranteed
Obligations (including any and all Post Petition Interest). 
  
 (c) If any amount shall be paid to any Guarantor in violation of this Section 2.04 at any time prior to the Termination Date for such Guarantor, such amount shall be received and held in trust for the benefit of the Credit
Parties, shall be segregated from other property and funds of such Guarantor and shall forthwith be paid or delivered to the Administrative Agent in the same form as so received (with any necessary endorsement or assignment) to be credited and
applied to the Guaranteed Obligations and all other amounts payable under this Agreement, whether matured or unmatured, in accordance with the terms of the Loan Documents. 
  
 (d) If the Termination Date shall have occurred, the Administrative Agent will, at any Guarantor’s request and expense,
execute and deliver to such Guarantor appropriate documents, without recourse and without representation or warranty, necessary to evidence the transfer by subrogation to such Guarantor of an interest in the Guaranteed Obligations resulting from any
payment made by such Guarantor pursuant to this Agreement. 
  
 2.05 Payments Free and Clear of Taxes, Etc. (a) Any and all payments made by any Guarantor under or in respect of this Agreement or any other Loan Document shall be made, in accordance with Section 3.01 of the Term Loan
Agreement, free and clear of and without 
  

 E - 2 - 6 

 reduction or withholding for any Indemnified Taxes (including Other Taxes); provided that if any Guarantor shall
be required by any Laws to deduct any Indemnified Taxes (including Other Taxes) from such payments, then (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 2.05), each of the Administrative Agent or the applicable Lender, as the case may be, receives an amount equal to the sum it would have received had no such deductions been required to be made,
(ii) such Guarantor shall make such deductions, and (iii) such Guarantor shall timely pay the full amount deducted to the relevant Governmental Authority in accordance with Law. 
  
 (b) Without limiting the provisions of subsection (a) above, each Guarantor shall timely pay any Other Taxes that arise
from any payment made by or on behalf of such Guarantor under or in respect of this Agreement or any other Loan Document or from the execution, delivery, performance, enforcement or registration of, or otherwise with respect to, this Agreement and
the other Loan Documents to the relevant Governmental Authority in accordance with Law. 
  
 (c) Each Guarantor shall indemnify the Administrative Agent and each Lender, within 10 days after demand therefor, for the full amount of any Indemnified Taxes or Other Taxes (including any Indemnified Taxes or Other
Taxes imposed or asserted or attributable to amounts payable under this Section) paid by the Administrative Agent or such Lender, as the case may be, and any penalties, interest and reasonable expenses arising therefrom or with respect thereto,
whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to a Guarantor by a Lender (with a copy
to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error. 
  
 (d) As soon as practicable after any payment of Indemnified Taxes or Other Taxes by any Guarantor to a Governmental Authority, such Guarantor shall
deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, or other evidence of such payment reasonably satisfactory to the Administrative Agent. 
  
 ARTICLE III 
 REPRESENTATIONS AND WARRANTIES 
  
 3.01 Term Loan Agreement Representations and Warranties. Each Guarantor hereby makes each representation and warranty made in the Term Loan Agreement by the Borrower with respect to such Guarantor. 

 
 3.02 No Conditions Precedent. There are no conditions precedent to
the effectiveness of this Agreement that have not been satisfied or waived. 
  
 3.03 Independent Credit Analysis. Each Guarantor has, independently and without reliance upon any Credit Party and based on such documents and information as it has deemed appropriate, made its own credit
analysis and decision to enter into this Agreement and each other Loan Document to which it is or is to be a party, and such Guarantor has established 
  

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 adequate means of obtaining from each other Loan Party on a continuing basis information pertaining to, and is now and on
a continuing basis will be completely familiar with, the business, financial condition, operations, performance, properties and prospects of such other Loan Party. 
  
 ARTICLE IV 
 COVENANTS 
  
 4.01 Term Loan Agreement
Covenants. Each Guarantor covenants and agrees that until the Termination Date for such Guarantor, such Guarantor will perform and observe, and cause each of its Subsidiaries to perform and observe, all of the terms, covenants and agreements set
forth in the Term Loan Agreement on its or their part to be performed or observed or that the Borrower has agreed to cause such Guarantor to perform or observe. 
  

ARTICLE V 
 MISCELLANEOUS
PROVISIONS 
  
 5.01 Loan Document. This Agreement is a
Loan Document executed pursuant to the Term Loan Agreement and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with the terms and provisions thereof. 
  
 5.02 No Waiver; Remedies. No failure on the part of any Credit Party
to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or the exercise of any other right. The
remedies herein provided are cumulative and not exclusive of any remedies provided by the Law. 
  
 5.03 Right of Setoff. If an Event of Default shall have occurred and be continuing, each Credit Party and each of their respective Affiliates is hereby authorized at any time and from time to time, to the
fullest extent permitted by applicable Law, to setoff and apply any and all deposits (general or special, time or demand, provisional or final in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by,
such Credit Party or any such Affiliate to or for the credit or the account of any Guarantor against any and all of the Obligations of such Guarantor now or hereafter existing under this Agreement or any other Loan Documents to such Credit Party,
irrespective of whether or not such Credit Party shall have made any demand under this Agreement or any other Loan Document and although such Obligations of such Guarantor may be contingent or unmatured or are owed to a branch or office of such
Credit Party different from the branch or office holding such deposit or obligated on such indebtedness. The rights of each Credit Party and their respective Affiliates under this Section are in addition to other rights and remedies (including other
rights of setoff) that such Credit Party or their respective Affiliates may have. Each Credit Party agrees to notify such Guarantor and the Administrative Agent promptly after any such setoff and application; provided, that the failure to
give such notice shall not affect the validity of such setoff and application. 
  
 5.04 Indemnification. (a) Without limitation of any Guarantor’s obligation to guarantee the Borrower’s reimbursement and indemnification Obligations under Section 10.04 of the Term Loan
Agreement, each Guarantor shall independently indemnify each Indemnitee against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities 
  

 E - 2 - 8 

 and related expenses (including the reasonable fees, charges and disbursements of any counsel for any Indemnitee), and
shall indemnify and hold harmless each Indemnitee from all fees and time charges and disbursements for attorneys who may be employees of any Indemnitee incurred by any Indemnitee or asserted against any Indemnitee by any third party or by the
Borrower or any other Loan Party as and to the extent provided in Section 10.04 of the Term Loan Agreement. 
  
 (b) Each Guarantor hereby also agrees that none of the Indemnitees shall have any liability (whether direct or indirect, in contract, tort or otherwise)
to any of the Guarantors or any of their respective Affiliates, directors, officers, employees, counsel, agents and attorneys-in-fact, and each Guarantor hereby agrees not to assert any claim against any Indemnitee on any theory of liability, for
special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of the Loans, the actual or proposed use of the proceeds of the Loans, the Loan Documents or any of the
transactions contemplated by the Loan Documents. 
  
 (c) All
amounts due under this Section 5.04 shall be payable not later than ten Business Days after demand therefor. 
  
 (d) Without prejudice to the survival of any of the other agreements of any Guarantor under this Agreement or any of the other Loan Documents, the
agreements and obligations of each Guarantor contained in Section 2.01(a) (with respect to enforcement expenses), the last sentence of Section 2.02, Section 2.05 and this Section 5.04 shall survive the
payment in full of the Guaranteed Obligations and all of the other amounts payable under this Agreement. 
  
 5.05 Continuing Guarantee; Reinstatement. (a) This Agreement is a continuing agreement and shall (i) remain in full force and effect with
respect to each Guarantor until the Termination Date for such Guarantor, (ii) be binding upon each Guarantor, its successors and assigns and (iii) inure to the benefit of and be enforceable by the Credit Parties and their successors,
transferees and assigns. 
  
 (b) This Agreement shall continue to
be effective or be reinstated, as the case may be, with respect to a Guarantor if at any time any payment of any of the Guaranteed Obligations of such Guarantor is rescinded or must otherwise be returned by any Credit Party or any other Person in
connection with the insolvency, bankruptcy, reorganization or other similar proceedings affecting the Borrower or any other Loan Party under Debtor Relief Laws or otherwise, all as though such payment had not been made. 
  
 (c) The Obligations of a Guarantor under this Agreement shall terminate on
the Termination Date for such Guarantor. 
  
 5.06 Amendments,
etc.; Additional Guarantors; Successors and Assigns. (a) No amendment to or waiver of any provision of this Agreement nor consent to any departure by any Guarantor herefrom, shall in any event be effective unless the same shall be in
writing and signed by the Administrative Agent and, with respect to any such amendment, by the Guarantors or the Parent on behalf of the Guarantors, and then such waiver or consent shall be effective only in the specific instance and for the
specific purpose for which given. 
  

 E - 2 - 9 

 (b) Upon the execution and delivery by any Person of a Joinder Agreement, such Person shall be referred
to as an “Additional Guarantor” and shall be and become a Guarantor, and each reference in this Agreement to “Guarantor” shall also mean and be a reference to such Additional Guarantor. 
  
 (c) This Agreement shall be binding upon each Guarantor and its successors,
transferees and assigns and shall inure to the benefit of the Administrative Agent and each other Credit Party and their respective successors, transferees and assigns; provided, however, that no Guarantor may assign its obligations
hereunder without the prior written consent of the Administrative Agent. 
  
 5.07 Addresses for Notices; Appointment of Parent. (a) All notices and other communications provided for hereunder shall be in writing and mailed, delivered or transmitted by telecopier to each party hereto at
the address set forth in Section 10.02 of the Term Loan Agreement (with any notice to a Guarantor being delivered to the Parent in case of each Guarantor). All such notices and other communications shall be deemed to be given or made at the
times provided in Section 10.02 of the Term Loan Agreement. 
  
 (b) Each Guarantor hereby appoints Parent to act as the representative for such Loan Party for purposes of delivering and receiving notices on behalf of such Guarantor under, and confirming the consent of such Guarantor and otherwise
authorizing and delivering supplements and amendments to, the Loan Documents to which such Guarantor is a party on behalf of such Guarantor, in each case, as provided in Section 10.02 of the Term Loan Agreement. 
  
 5.08 Section Captions. Section captions used in this Agreement are for
convenience of reference only, and shall not affect the construction of this Agreement. 
  
 5.09 Severability. If any provision of this Agreement is held to be illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Agreement shall not
be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of
the illegal, invalid or unenforceable provisions. The invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 
  
 5.10 Counterparts. This Agreement may be executed in counterparts (and
by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. 
  
 5.11 Governing Law, Etc. (a) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NEW YORK. 
  
 (b) EACH GUARANTOR IRREVOCABLY AND
UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT 
  

 E - 2 - 10 

 COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR
PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE
CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT OR ANY OTHER CREDIT
PARTY MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY GUARANTOR OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 
  
 (c) EACH GUARANTOR IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN
PARAGRAPH (b) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT.

  
 (d) EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF
PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 5.07. 
  
 5.12 Right to Trial by Jury. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY
ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY
OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER. 
  
 5.13 Entire Agreement. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES

  

 E - 2 - 11 

 THERETO AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE
PARTIES THERETO OR BY PRIOR OR CONTEMPORANEONS WRITTEN AGREEMENTS. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG SUCH PARTIES. 
  
 [Signature Page Follows] 
  

 E - 2 - 12 

 IN WITNESS WHEREOF, each Guarantor has caused this Agreement to be duly executed and delivered by its
officer thereunto duly authorized as of the date first above written. 
  

			
	[GILEAD VINTAGE PARK, LLC]
		
	 By:
	 	  

	 Name:
	 	 
	 Title:
	 	 

  

 E - 2 - 13 

 EXHIBIT F 
  
 OPINION MATTERS 
  
 The matters contained in the following Sections of the Term Loan Agreement should be covered by the legal opinion: 
  
 Section 5.01(a), (b) and (c) 
 Section 5.02 
 Section 5.03 
 Section 5.04 
 Section 5.06 
 Section 5.14(b) 
 Section 5.21 
  

 F - 1 

 EXHIBIT G 
  
 FORM OF JOINDER AGREEMENT 
  
 This JOINDER AGREEMENT dated as of             ,     
200   (this “Agreement”), is entered into by GILEAD SCIENCES, INC., a Delaware corporation, and each Subsidiary Guarantor (such term and the other capitalized terms used herein shall have the meanings assigned
thereto in Article I of this Agreement) identified on the signature pages hereof as an “Additional Guarantor” (all such Subsidiaries hereinafter collectively referred to as the “Additional Guarantors”, and each
individually as an “Additional Guarantor”), to and for the benefit of BANK OF AMERICA, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) for itself, each Lender, each Swap Bank and each
Cash Management Bank (the “Credit Parties”). 
  
 RECITALS 
  
 WHEREAS, pursuant to a Term Loan
Agreement, dated as of December 21, 2005 (as amended, supplemented and otherwise modified to the date hereof, the “Term Loan Agreement”), among Gilead Pharmaceutics Ireland Corporation (“the Borrower”), the
Lenders party thereto from time to time, Bank of America, N.A., as Administrative Agent, and the other agents party thereto, and the other Loan Documents referred to therein, the Credit Parties have agreed to make Loans to or for the benefit of the
Borrower; 
  
 WHEREAS, pursuant to Section 6.12 of the Term
Loan Agreement, the Borrower has agreed to cause each Additional Guarantor to execute and deliver this Agreement and to become a Subsidiary Guarantor under the Loan Documents as provided in this Agreement; 
  
 WHEREAS, the obligations of the Lenders to continue to make the Loans under
the Term Loan Agreement are conditioned upon, among other things, the execution and delivery of this Agreement by each Additional Guarantor; 
  
 WHEREAS, each Additional Guarantor is engaged in a business which is related to the business of the Borrower and will derive substantial direct and
indirect benefit from the Loans to be made or issued by the Lenders to or for the benefit of the Borrower and the other financial accommodations to the Borrower and their Subsidiaries as may be made available by the other Credit Parties; and

  
 WHEREAS, each Additional Guarantor is willing to become a
Subsidiary Guarantor under the Loan Documents as hereinafter provided in order to obtain such benefits; 
  

 G – 1 

 NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, each Additional Guarantor hereby agrees, for the benefit of each Credit Party, as follows: 
  
 ARTICLE I 
 DEFINITIONS 
  
 1.01 Term Loan Agreement Definitions. Capitalized terms used in this
Agreement and not otherwise defined herein have the meanings specified in Section 1.01 of the Term Loan Agreement. 
  
 1.02 Constructions. The rules of construction specified in Sections 1.02 through 1.06 of the Term Loan Agreement also apply to this Agreement.

  
 ARTICLE II 
 JOINDER AGREEMENTS; SUPPLEMENTS 
  
 2.01 Subsidiary Guaranty Agreement. Each Additional Guarantor agrees to, and does hereby, become a Guarantor in respect of the Obligations
of the Borrower and each other Guarantor, with the same force and effect as if it were an original party to the Subsidiary Guaranty Agreement, and agrees that each reference in the Subsidiary Guaranty Agreement to a “Guarantor” or a
“Loan Party” shall also mean and be a reference to such Additional Guarantor. 
  
 2.02 Loan Documents. Each Additional Guarantor (a) agrees to be obligated and bound by all the terms, provisions and covenants under each of the Loan Documents which are binding on a Guarantor or a Loan
Party, as applicable, and (b) represents and warrants that each of the representations and warranties contained in the Subsidiary Guaranty Agreement, as it relates to such Additional Guarantor is true and correct in all material respects as of
the date hereof, with the same effect as through such representations had been made on and as of the date hereof after giving effect to both the joinder of such Additional Guarantor as an additional Guarantor and Loan Party under the Subsidiary
Guaranty Agreement. 
  
 2.03 Guarantors’ Acknowledgement.
The Parent, on behalf of itself and each Subsidiary Guarantor, hereby acknowledges and consents to the Loan Documents, as supplemented by this Agreement, and confirms the Obligations of each Guarantor under each Guaranty Agreement, as so
supplemented, remain in full force and effect. 
  
 ARTICLE III

 DELIVERIES 
  
 3.01 Deliveries. Delivered to the Administrative Agent herewith are the following certificates, documents and opinions, each in form and substance
reasonably satisfactory to the Administrative Agent: 
  
 (a)
certificates of resolutions or other action, incumbency certificates and/or other certificates of duly authorized officers of each Additional Guarantor as the Administrative Agent may reasonably require evidencing the identity, authority and
capacity of each Responsible Officer authorized to act on behalf of such Additional Guarantor in connection with this Agreement and the other Loan Documents, as supplemented by this Agreement; 
  
 (b) documents and certifications as the Administrative Agent may reasonably
require to evidence that each Additional Guarantor is duly organized or formed, validly existing, in good standing (to the extent legally applicable in the relevant jurisdiction) and qualified to engage in business in each jurisdiction where its
ownership, lease or operation of properties or the conduct of its business requires such qualification and where the failure to be so qualified 
  

 G – 2 

 would reasonably be expected to have a Material Adverse Effect, including, certified copies of the Organization Documents
of such Additional Guarantor, certificates of good standing and/or qualification to engage in business and tax clearance certificates (if any) of such Additional Guarantor; 
  
 (c) if reasonably requested by the Administrative Agent, favorable opinions of special counsel and local counsel for the
Loan Parties, addressed to the Administrative Agent and each Lender, as to the matters relating to each Additional Guarantor and as to the legality, validity, binding effect and enforceability of this Agreement and the Guaranty Agreements, each as
supplemented by this Agreement, as the Administrative Agent may reasonably request; and 
  
 (d) certificates of duly authorized officers of each Additional Guarantor either (A) attaching copies of all consents, licenses and approvals of Governmental Authorities or other Persons required in connection
with the execution, delivery and performance by each Additional Guarantor and the validity against such Additional Guarantor of the Loan Documents to which it is a party, and such consents, licenses and approvals shall be in full force and effect,
or (B) stating that no such consents, licenses or approvals are so required. 
  
 ARTICLE IV 
 MISCELLANEOUS 
  
 4.01 Notices. (a) All notices and other communications provided for hereunder shall be in writing and mailed,
delivered or transmitted by telecopies to each party hereto at the address set forth in Section 10.02 of the Term Loan Agreement (with any notice to an Additional Guarantor being delivered to the Parent). All such notices and other
communications shall be deemed to be given or made at the times provided in Section 10.02 of the Term Loan Agreement. 
  
 (b) Each Additional Guarantor hereby appoints and designates the Parent to act on behalf of such Additional Guarantor as provided in Section 5.07(b)
of the Subsidiary Guaranty Agreement. 
  
 4.02 Amendments,
etc.; Successors and Assigns. 
  
 (a) No amendment to or
waiver of any provision of this Agreement or of the Loan Documents, as supplemented by this Agreement, nor consent to any departure by any Additional Guarantor herefrom or therefrom, shall in any event be effective unless the same shall be in
writing and signed by the Administrative Agent and, with respect to any such amendment, by the Additional Guarantor or the Parent on behalf of such Additional Guarantor, and then such waiver or consent shall be effective only in the specific
instance and for the specific purpose for which given. This Agreement shall be construed as a separate agreement with respect to each Additional Guarantor and may be amended, modified, supplemented, waived or released with respect to any Additional
Guarantor without the approval of any other Additional Guarantor and without affecting the Obligations of any other Additional Guarantor hereunder. 
  
 (b) This Agreement and the Loan Documents, as supplemented by this Agreement, shall be binding upon each Additional Guarantor and its successors,
transferees and assigns and shall inure to the benefit of the Administrative Agent and each other Credit Party and their respective successors, transferees and assigns; provided, however, that no Additional Guarantor 
  

 G – 3 

 may assign its obligations hereunder or under any of the Loan Documents, as supplemented by this Agreement, without the
prior written consent of the Administrative Agent and each Lender as required by Section 10.06 of the Term Loan Agreement. 
  
 4.03 Survival of Agreement. All covenants, agreements, representations and warranties made by each Additional Guarantor in each Loan Document, as
supplemented by this Agreement, and in the certificates or other instruments prepared or delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the Lenders and shall
survive the execution and delivery of this Agreement, regardless of any investigation made by any Lender or on its behalf and notwithstanding that the Administrative Agent or any Lender may have had notice or knowledge of any Default or incorrect
representation or warranty at the time any credit is extended under the Credit Agreement, and shall continue in full force and effect until the Termination Date for such Additional Guarantor. 
  
 4.04 Waivers. No failure or delay by the Administrative Agent or any
other Credit Party in exercising any right, power or remedy hereunder or under any other Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or remedy, or any abandonment or
discontinuance of steps to enforce such a right, power or remedy, preclude any other or further exercise thereof or the exercise of any other right, power or remedy. The rights, powers and remedies of the Administrative Agent and the Lenders
hereunder and under the other Loan Documents are cumulative and are not exclusive of any rights, powers or remedies that they would otherwise have. Without limiting the generality of the foregoing, the making of a Loan shall not be construed as a
waiver of any Default, regardless of whether the Administrative Agent or any Lender may have had notice or knowledge of such Default at the time. No notice or demand on any Loan Party in any case shall entitle any Loan Party to any other or further
notice or demand in similar or other circumstances. 
  
 4.05
Severability. If any provision of this Agreement or any other Loan Document, as supplemented by this Agreement, is held to be illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of
this Agreement or such other Loan Document shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic
effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  
 4.06 Counterparts, Integration, Effectiveness. This
Agreement may be executed in counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement and the other
Loan Documents, as supplemented by this Agreement, constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject
matter hereof. This Agreement shall become effective as to an Additional Guarantor when it shall have been executed by such Additional Guarantor and when the Administrative Agent shall have received counterparts hereof bearing the signature of such
Additional Guarantor. Delivery of an executed counterpart of a signature page of this Agreement by telecopy or other electronic means shall be effective as delivery of a manually executed counterpart of this Agreement. 
  

 G – 4 

 4.07 Headings. Article and Section headings used herein are for the purpose of reference only, are
not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 
  
 4.08 GOVERNING LAW; JURISDICTION; ETC. 
  
 (a) GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
  
 (b) SUBMISSION TO JURISDICTION. EACH ADDITIONAL GUARANTOR IRREVOCABLY
AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF SUCH STATE, AND ANY
APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY
AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL
JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT
THAT THE ADMINISTRATIVE AGENT, ANY LENDER OR THE L/C ISSUER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION.

  
 (c) WAIVER OF VENUE. EACH ADDITIONAL GUARANTOR
IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER
LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (b) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH
ACTION OR PROCEEDING IN ANY SUCH COURT. 
  

 G – 5 

 (d) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER
PROVIDED FOR NOTICES IN SECTION 10.02 OF THE TERM LOAN AGREEMENT. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 
  
 4.09 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS
CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON
WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL
WAIVERS AND CERTIFICATIONS IN THIS SECTION. 
  
 4.10 ENTIRE
AGREEMENT. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, AS SUPPLEMENTED BY THIS AGREEMENT, REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE
PARTIES OR BY PRIOR OR CONTEMPORANEOUS WRITTEN AGREEMENTS. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. 
  
 [Signature Pages Follow.] 
  

 G – 6 

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

					
	Parent:	 	GILEAD SCIENCES, INC.
			
	 	 	By:	 	  

	 	 	Name:	 	 
	 	 	Title:	 	 
		
	Additional Guarantors:	 	[NAME OF ADDITIONAL GUARANTOR]
			
	 	 	By:	 	  

	 	 	Name:	 	 
	 	 	Title:	 	 
		
	 	 	[NAME OF ADDITIONAL GUARANTOR]
			
	 	 	By:	 	  

	 	 	Name:	 	 
	 	 	Title:	 	 
		
	 	 	[NAME OF ADDITIONAL GUARANTOR]
			
	 	 	By:	 	  

	 	 	Name:	 	 
	 	 	Title:	 	 
		
	 	 	[NAME OF ADDITIONAL GUARANTOR]
			
	 	 	By:	 	  

	 	 	Name:	 	 
	 	 	Title:	 	 

  

 G – 7

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