Document:

EX-10.1

 

CREDIT AGREEMENT

Dated as of August 29, 2007

          CA, INC., a Delaware corporation (the “Borrower”), the banks and other financial
institutions (the “Banks”) and issuers of letters of credit (“Initial Issuing
Banks”) listed on the signature pages hereof, CITIBANK, N.A. (“Citibank”) , BANK OF
AMERICA, N.A. (“BofA”), JPMORGAN CHASE BANK, N.A. (“JPMCB”) and DEUTSCHE BANK AG
NEW YORK BRANCH (“DB”), as co-administrative agents, CITIGROUP GLOBAL MARKETS INC., BANC OF
AMERICA SECURITIES LLC, J.P. MORGAN SECURITIES INC. and DEUTSCHE BANK SECURITIES INC., as joint
lead arrangers and joint bookrunners, and Citibank, as paying agent (the “Agent”) for the
Lenders (as hereinafter defined), agree as follows:

ARTICLE I

DEFINITIONS AND ACCOUNTING TERMS

          SECTION 1.01. Certain Defined Terms. As used in this Agreement, the following terms
shall have the following meanings (such meanings to be equally applicable to both the singular and
plural forms of the terms defined):

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

     “Affiliate” means, as to any Person, any other Person that, directly or
indirectly, controls, is controlled by or is under common control with such Person or, in
each case in which “Affiliate” is used in relation to the Borrower, is a director or officer
of such Person. For purposes of this definition, the term “control” (including the terms
“controlling”, “controlled by” and “under common control with”) of a Person means the
possession, direct or indirect, of the power to vote, in each case in which “Affiliate” is
used in relation to the Borrower, 10% or more of the Voting Stock or, in each case in which
“Affiliate” is used in relation to a Lender or the Agent, a majority of the Voting Stock of
such Person or to direct or cause the direction of the management and policies of such
Person, whether through the ownership of Voting Stock, by contract or otherwise.

     “Agent’s Account” means (a) in the case of Advances denominated in Dollars, the
account of the Agent maintained by the Agent at Citibank at its office at Two Penns Way, New
Castle, Delaware 19720, Account No. 36852248, Attention: Bank Loan Syndications, (b) in the
case of Advances denominated in any Committed Currency, the account of the Sub-Agent
designated in writing from time to time by the Agent to the Borrower and the Lenders for
such purpose and (c) in any such case, such other account of the Agent as is designated in
writing from time to time by the Agent to the Borrower and the Lenders for such purpose.

     “Applicable Lending Office” means, with respect to each Lender, such Lender’s
Domestic Lending Office in the case of a Base Rate Advance and such Lender’s Eurocurrency
Lending Office in the case of a Eurocurrency Rate Advance.

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

CA, Inc. Credit Agreement

 

 

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

BBB+/Baa1
	 	 	0.000	%	 	 	0.270	%
	Level 2

BBB/Baa2
	 	 	0.000	%	 	 	0.350	%
	Level 3

BBB-/Baa3
	 	 	0.000	%	 	 	0.425	%
	Level 4

BB+/Ba1
	 	 	0.000	%	 	 	0.600	%
	Level 5

BB/Ba2
	 	 	0.000	%	 	 	0.700	%
	Level 6

Lower than Level 5
	 	 	0.000	%	 	 	0.875	%

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

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

BBB+/Baa1
	 	 	0.080	%
	Level 2

BBB/Baa2
	 	 	0.100	%
	Level 3

BBB-/Baa3
	 	 	0.125	%
	Level 4

BB+/Ba1
	 	 	0.150	%
	Level 5

BB/Ba2
	 	 	0.175	%
	Level 6

Lower than Level 5
	 	 	0.375	%

     “Applicable Utilization Fee” means, as of any date that the sum of the
aggregate principal amount of the Advances plus the aggregate Available Amount of Letters of
Credit then outstanding exceed 50% of the aggregate Revolving Credit Commitments, a
percentage per annum determined by reference to the Public Debt Rating in effect on such
date as set forth below:

	 	 	 	 	 
	Public Debt Rating	 	Applicable
	S&P/Moody’s	 	Utilization Fee
	Level 1

BBB+/Baa1
	 	 	0.100	%
	Level 2

BBB/Baa2
	 	 	0.100	%
	Level 3

BBB-/Baa3
	 	 	0.100	%
	Level 4

BB+/Ba1
	 	 	0.125	%
	Level 5

BB/Ba2
	 	 	0.125	%
	Level 6

Lower than Level 5
	 	 	0.250	%

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     “Approved Fund” means any Person (other than a natural person) that is engaged
in making, purchasing, holding or investing in bank loans and similar extensions of credit
in the ordinary course of its business and that is administered or managed by (x) a Lender,
(y) an Affiliate of a Lender or (z) an entity or an Affiliate of an entity that administers
or manages a Lender.

     “Assignment and Acceptance” means an assignment and acceptance entered into by
a Lender and an Eligible Assignee, and accepted by the Agent, in substantially the form of
Exhibit C hereto, or any other form acceptable to the Agent.

     “Assuming Lender” has the meaning specified in Section 2.18(c).

     “Assumption Agreement” has the meaning specified in Section 2.18(c).

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

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

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

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

     “Base Rate Advance” means an Advance denominated in Dollars that bears interest
as provided in Section 2.07(a)(i).

     “Borrowing” means a borrowing consisting of simultaneous Advances of the same
Type, in the same currency and for the same tenor made by each of the Lenders pursuant to
Section 2.01.

     “Borrowing Minimum” means, in respect of Advances denominated in Dollars,
$10,000,000, in respect of Advances denominated in Sterling, £10,000,000, and, in respect of
Advances denominated in Euros, €10,000,000.

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

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

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

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

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

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

     “Consenting Lender” has the meaning specified in Section 2.18(b).

     “Consolidated” refers to the consolidation of accounts in accordance with
generally accepted accounting principles.

     “Consolidated Cash Flow” means, for any period, the sum of (a) the amount set
forth as “Net Cash Provided by Operating Activities” (or a comparable term) in the
Consolidated statements of cash flows of the Borrower and its Subsidiaries for such period
plus (b) Consolidated Interest Expense for such period.

     “Consolidated Interest Expense” means, for any period, the sum of interest
payable on, and amortization of debt discount in respect of, all Debt of the Borrower and
its Subsidiaries during such period.

     “Convert”, “Conversion” and “Converted” each refers to a
conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08
or 2.09.

     “Debt” of any Person means, without duplication, (a) all indebtedness of such
Person for borrowed money, (b) all obligations of such Person for the deferred purchase
price of property or services (other than trade payables not overdue incurred in the
ordinary course of such Person’s business), (c) all obligations of such Person evidenced by
notes, bonds, debentures or other similar instruments, (d) all obligations of such Person
created or arising under any conditional sale or other title retention agreement with
respect to property acquired by such Person (even though the rights and remedies of the
seller or lender under such agreement in the event of default are limited to repossession or
sale of such property), (e) all obligations of such Person as lessee under leases that have
been or should be, in accordance with GAAP, recorded as capital leases, (f) all
non-contingent obligations of such Person in respect of acceptances, letters of credit or
similar extensions of credit, (g) all obligations of such Person in respect of Hedge
Agreements, (h) all Debt of others referred to in clauses (a) through (g) above or clause
(i) below guaranteed directly or indirectly in any manner by such Person, or in effect
guaranteed directly or indirectly by such Person through an agreement (1) to pay or purchase
such Debt or to advance or supply funds for the payment or purchase of such Debt, (2) to
purchase, sell or lease (as lessee or lessor) property, or to purchase or sell services,
primarily for the purpose of enabling the debtor to make payment of such Debt or to assure
the holder of such Debt against loss, (3) to supply funds to or in any other manner invest
in the debtor (including any agreement to pay for property or services irrespective of
whether such property is received or such services are rendered) or (4) otherwise to assure
a creditor against loss, and (i) all Debt referred to in clauses (a) through (h) above
secured by (or for which the holder of such Debt has an existing, non-contingent right to be
secured by) any Lien on property (including, without limitation, accounts and contract
rights) owned by such Person, even though such Person has not assumed or become liable for
the payment of such Debt.

     “Debt for Borrowed Money” means Debt of the types described in clauses (a)
though (f) of the definition of “Debt”.

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

     “Disclosed Litigation” has the meaning specified in Section 3.01(b).

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

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     “Domestic Lending Office” means, with respect to any Lender, the office of such
Lender specified as its “Domestic Lending Office” opposite its name on Schedule I hereto or
in the Assumption Agreement or the Assignment and Acceptance pursuant to which it became a
Lender, or such other office of such Lender as such Lender may from time to time specify in
writing to the Borrower and the Agent.

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

     “Eligible Assignee” means (i) a Lender; (ii) an Affiliate of a Lender; (iii) an
Approved Fund; and (iv) any other Person approved in writing by the Agent, each Issuing Bank
and, unless an Event of Default has occurred and is continuing at the time any assignment is
effected in accordance with Section 8.07, the Borrower, such approvals not to be
unreasonably withheld or delayed; provided, however, that neither the
Borrower nor an Affiliate of the Borrower shall qualify as an Eligible Assignee.

     “Environmental Action” means any action, suit, demand, demand letter, claim,
notice of non-compliance or violation, notice of liability or potential liability,
investigation, proceeding, consent order or consent agreement relating in any way to any
Environmental Law, Environmental Permit or Hazardous Materials or arising from alleged
injury or threat of injury to health, safety or the environment, including, without
limitation, (a) by any governmental or regulatory authority for enforcement, cleanup,
removal, response, remedial or other actions or damages and (b) by any governmental or
regulatory authority or any third party for damages, contribution, indemnification, cost
recovery, compensation or injunctive relief.

     “Environmental Law” means any federal, state, local or foreign statute, law,
ordinance, rule, regulation, code, order, judgment, decree or judicial or agency
interpretation, policy or guidance relating to pollution or protection of the environment,
health, safety or natural resources, including, without limitation, those relating to the
use, handling, transportation, treatment, storage, disposal, release or discharge of
Hazardous Materials.

     “Environmental Permit” means any permit, approval, identification number,
license or other authorization required under any Environmental Law.

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

     “ERISA” means the Employee Retirement Income Security Act of 1974, as amended
from time to time, and the regulations promulgated and rulings issued thereunder.

     “ERISA Affiliate” means any Person that for purposes of Title IV of ERISA is a
member of the Borrower’s controlled group, or under common control with the Borrower, within
the meaning of Section 414 of the Internal Revenue Code.

     “ERISA Event” means (a) (i) the occurrence of a reportable event, within the
meaning of Section 4043 of ERISA, with respect to any Plan unless the 30-day notice
requirement with respect to such event has been waived by the PBGC, or (ii) the requirements
of subsection (1) of Section 4043(b) of ERISA (without regard to subsection (2) of such
Section) are met with respect to a contributing sponsor, as defined in Section 4001(a)(13)
of ERISA, of a Plan, and an event described in paragraph (9), (10), (11), (12) or (13) of
Section 4043(c) of ERISA is reasonably expected to occur with respect to such Plan within
the following 30 days (unless the 30-day notice requirement with respect to such event has
been waived by

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the PBGC); (b) the application for a minimum funding waiver with respect to a Plan; (c) the
provision by the administrator of any Plan of a notice of intent to terminate such Plan
pursuant to Section 4041(a)(2) of ERISA (including any such notice with respect to a plan
amendment referred to in Section 4041(e) of ERISA); (d) the cessation of operations at a
facility of the Borrower or any ERISA Affiliate in the circumstances described in Section
4062(e) of ERISA; (e) the withdrawal by the Borrower or any ERISA Affiliate from a Multiple
Employer Plan during a plan year for which it was a substantial employer, as defined in
Section 4001(a)(2) of ERISA; (f) the conditions for the imposition of a lien under Section
302(f) of ERISA shall have been met with respect to any Plan; (g) the adoption of an
amendment to a Plan requiring the provision of security to such Plan pursuant to Section 307
of ERISA; or (h) the institution by the PBGC of proceedings to terminate a Plan pursuant to
Section 4042 of ERISA, or the occurrence of any event or condition described in Section 4042
of ERISA that constitutes grounds for the termination of, or the appointment of a trustee to
administer, a Plan; provided, however, that no event described in (c), (d)
or (e) shall be an ERISA Event if no later than 10 days prior to such event the Borrower has
provided the Agent with the information that would be required to be furnished to the PBGC
pursuant to Section 4041(b)(2)(A) of ERISA and such information demonstrates to the
reasonable satisfaction of the Agent that if the relevant Plan were terminated as of the
date of such event such termination would be eligible to be treated as a standard
termination under Section 4041(b) of ERISA.

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

     “Eurocurrency Lending Office” means, with respect to any Lender, the office of
such Lender specified as its “Eurocurrency Lending Office” opposite its name on Schedule I
hereto or in the Assumption Agreement or the Assignment and Acceptance pursuant to which it
became a Lender (or, if no such office is specified, its Domestic Lending Office), or such
other office of such Lender as such Lender may from time to time specify in writing to the
Borrower and the Agent.

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

     “Eurocurrency Rate” means, for any Interest Period for each Eurocurrency Rate
Advance comprising part of the same Borrowing, an interest rate per annum equal to the rate
per annum obtained by dividing (a) the rate per annum (rounded upward to the nearest whole
multiple of 1/100 of 1% per annum) appearing on Reuters Screen LIBOR01 Page (or any
successor page) as the London interbank offered rate for deposits in Dollars or the
applicable Committed Currency at approximately 11:00 A.M. (London time) two Business Days
prior to the first day of such Interest Period for a term comparable to such Interest Period
or, if for any reason such rate is not available (but subject to the provisions of Section
2.08), the average (rounded upward to the nearest whole multiple of 1/100 of 1% per annum,
if such average is not such a multiple) of the rate per annum at which deposits in Dollars
or the applicable Committed Currency is offered by the principal office of each of the
Reference Banks in London, England to prime banks in the London interbank market at 11:00
A.M. (London time) two Business Days before the first day of such Interest Period in an
amount substantially equal to such Reference Bank’s (or such Reference Bank’s Affiliate’s)
Eurocurrency Rate Advance comprising part of such Borrowing to be outstanding during such
Interest Period and for a period equal to such Interest Period by (b) a percentage equal to
100% minus the Eurocurrency Rate Reserve Percentage for such Interest Period.

     “Eurocurrency Rate Advance” means an Advance denominated in Dollars or a
Committed Currency that bears interest as provided in Section 2.07(a)(ii).

     “Eurocurrency Rate Reserve Percentage” for any Interest Period for all
Eurocurrency Rate Advances comprising part of the same Borrowing means the reserve
percentage applicable two Business Days before the first day of such Interest Period under
regulations issued from time to time by the Board of Governors of the Federal Reserve System
(or any successor) for determining the maximum reserve

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requirement (including, without limitation, any emergency, supplemental or other
marginal reserve requirement) for a member bank of the Federal Reserve System in New York
City with respect to liabilities or assets consisting of or including Eurocurrency
Liabilities (or with respect to any other category of liabilities that includes deposits by
reference to which the interest rate on Eurocurrency Rate Advances is determined) having a
term equal to such Interest Period.

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

     “Extension Date” has the meaning specified in Section 2.18(b).

     “Federal Funds Rate” means, for any period, a fluctuating interest rate per
annum equal for each day during such period to the weighted average of the rates on
overnight Federal funds transactions with members of the Federal Reserve System arranged by
Federal funds brokers, as published for such day (or, if such day is not a Business Day, for
the next preceding Business Day) by the Federal Reserve Bank of New York, or, if such rate
is not so published for any day that is a Business Day, the average of the quotations for
such day on such transactions received by the Agent from three Federal funds brokers of
recognized standing selected by it.

     “GAAP” has the meaning specified in Section 1.03.

     “Hazardous Materials” means (a) petroleum and petroleum products, byproducts or
breakdown products, radioactive materials, asbestos-containing materials, polychlorinated
biphenyls and radon gas and (b) any other chemicals, materials or substances designated,
classified or regulated as hazardous or toxic or as a pollutant or contaminant under any
Environmental Law.

     “Hedge Agreement” means any agreement with respect to any swap, forward, future
or derivative transaction or option or similar agreement involving, or settled by reference
to, one or more rates, currencies, commodities, equity or debt instruments or securities, or
economic, financial or pricing indices or measures of economic, financial or pricing risk or
value or any similar transaction or any combination of these transactions; provided
that no phantom stock or similar plan providing for payments only on account of services
provided by current or former directors, officers, employees or consultants of the Borrower
or the Subsidiaries shall be a Hedge Agreement; and provided, further, that
no call-spread transaction in connection with the issuance of any convertible securities
shall be a Hedge Agreement.

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

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

     “Information” has the meaning specified in Section 8.08.

     “Initial Issuing Bank” has the meaning specified in the recital of parties to
this Agreement.

     “Interest Period” means, for each Eurocurrency Rate Advance comprising part of
the same Borrowing, the period commencing on the date of such Eurocurrency Rate Advance or
the date of the Conversion of any Base Rate Advance into such Eurocurrency Rate Advance and
ending on the last day of the period selected by the Borrower pursuant to the provisions
below and, thereafter, each subsequent period commencing on the last day of the immediately
preceding Interest Period and ending on the last day of the period selected by the Borrower
pursuant to the provisions below. The duration of each such Interest Period shall be one,
two, three, six, nine or twelve months, as the Borrower may, upon notice received by the
Agent not later than 11:00 A.M. (New York City time) (or, in the case of a Borrowing
consisting of Eurocurrency Rate Advances denominated in any Committed Currency, 4:00 P.M.
(London time)) on the third Business Day prior to the first day of such Interest Period,
select; provided, however, that:

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     (a) the Borrower may not select any Interest Period that ends after the
earliest Termination Date then in effect for any Lender;

     (b) Interest Periods commencing on the same date for Eurocurrency Rate Advances
comprising part of the same Borrowing shall be of the same duration;

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

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

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

     “issuance” with respect to any Letter of Credit means the issuance, amendment,
renewal or extension of such Letter of Credit.

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

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

     “L/C Related Documents” has the meaning specified in Section 2.06(b)(i).

     “Lenders” means the Banks, each Issuing Bank, each Assuming Lender that shall
become a party hereto pursuant to Section 2.18 or 2.19 and each Eligible Assignee that shall
become a party hereto pursuant to Section 8.07.

     “Letter of Credit Agreement” has the meaning specified in Section 2.03(a).

     “Letter of Credit Commitment” means, with respect to the Initial Issuing Bank,
the amount set forth opposite the Initial Issuing Bank’s name on the signature pages hereto
under the caption “Letter of Credit Commitment” or, if the Initial Issuing Bank has entered
into one or more Assignment and Acceptances, the amount set forth for such Issuing Bank in
the Register maintained by the Agent pursuant to Section 8.07(d) as such Issuing Bank’s
“Letter of Credit Commitment”, as such amount may be reduced at or prior to such time
pursuant to Section 2.05.

     “Letter of Credit Facility” means, at any time, an amount equal to the lesser
of (a) the aggregate amount of the Issuing Banks’ Letter of Credit Commitments at such time
and (b) $100,000,000, as such amount may be reduced at or prior to such time pursuant to
Section 2.05.

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

     “Lien” means any lien, security interest or other charge or encumbrance of any
kind, or any other type of preferential arrangement, including, without limitation, the lien
or retained security title of a conditional vendor and any easement, right of way or other
encumbrance on title to real property.

     “Material Adverse Change” means any material adverse change in the business,
condition (financial or otherwise) or operations of the Borrower and its Subsidiaries taken
as a whole.

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

     “Material Subsidiary” of the Borrower means, at any time, any Subsidiary of the
Borrower having (a) assets with a value of not less than 2% of the total value of the assets
of the Borrower and its Subsidiaries, taken as a whole or (b) Consolidated revenues not less
than 2% of the Consolidated revenues of the Borrower and its Subsidiaries, taken as a whole.

     “Moody’s” means Moody’s Investors Service, Inc.

     “Multiemployer Plan” means a multiemployer plan, as defined in Section
4001(a)(3) of ERISA, to which the Borrower or any ERISA Affiliate is making or accruing an
obligation to make contributions, or has within any of the preceding five plan years made or
accrued an obligation to make contributions.

     “Multiple Employer Plan” means a single employer plan, as defined in Section
4001(a)(15) of ERISA, that (a) is maintained for employees of the Borrower or any ERISA
Affiliate and at least one Person other than the Borrower and the ERISA Affiliates or (b)
was so maintained and in respect of which the Borrower or any ERISA Affiliate could have
liability under Section 4064 or 4069 of ERISA in the event such plan has been or were to be
terminated.

     “Non-Consenting Lender” has the meaning specified in Section 2.18(b).

     “Note” means a promissory note of the Borrower payable to the order of any
Lender, delivered pursuant to a request made under Section 2.16 in substantially the form of
Exhibit A hereto, evidencing the aggregate indebtedness of the Borrower to such Lender
resulting from the Advances made by such Lender.

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

     “Notice of Issuance” has the meaning specified in Section 2.03(a).

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

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

     “Permitted Liens” means (a) such of the following as to which no enforcement,
collection, execution, levy or foreclosure proceeding shall have been commenced and which
have not been stayed within 30 days from the entry thereof: (i) Liens for taxes,
assessments and governmental charges or levies to the extent not yet due and payable or not
required to be paid under Section 5.01(b); and (ii) pledges or deposits to secure
obligations under workers’ compensation laws, unemployment insurance, social security or
other laws or similar legislation or to secure public or statutory obligations; (b) Liens
imposed by law, such as materialmen’s, mechanics’, carriers’, workmen’s and repairmen’s
Liens and other similar Liens arising in the ordinary course of business securing
obligations that are not overdue for a period of more

9

 

than 30 days (and, if overdue by more than 30 days, are being contested in good faith
and by proper proceedings and as to which appropriate reserves are being maintained) as to
which no enforcement, collection, execution, levy or foreclosure proceeding shall have been
concluded in favor of the secured party, (c) easements, rights of way and other encumbrances
on title to real property that do not render title to the property encumbered thereby
unmarketable or materially adversely affect the use of such property for its present
purposes and (d) judgment liens in respect of judgments that do not constitute an Event of
Default under Section 6.01(f).

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

     “Plan” means a Single Employer Plan or a Multiple Employer Plan.

     “Pro Rata Share” of any amount means, with respect to any Lender at any time,
the product of such amount times a fraction the numerator of which is the amount of
such Lender’s Revolving Credit Commitment at such time (or, if the Revolving Credit
Commitments shall have been terminated pursuant to Section 2.05 or 6.01, such Lender’s
Revolving Credit Commitment as in effect immediately prior to such termination) and the
denominator of which is the aggregate amount of all Revolving Credit Commitments at such
time (or, if the Revolving Credit Commitments shall have been terminated pursuant to Section
2.05 or 6.01, the aggregate amount of all Revolving Credit Commitments as in effect
immediately prior to such termination).

     “Public Debt Rating” means, as of any date, the rating that has been most
recently announced by either S&P or Moody’s, as the case may be, for any class of non-credit
enhanced long-term senior unsecured debt issued by the Borrower. For purposes of the
foregoing, (a) if only one of S&P and Moody’s shall have in effect a Public Debt Rating, the
Applicable Margin, the Applicable Percentage and the Applicable Utilization Fee shall be
determined by reference to the available rating; (b) if neither S&P nor Moody’s shall have
in effect a Public Debt Rating, the Applicable Margin, the Applicable Percentage and the
Applicable Utilization Fee will be set in accordance with Level 6 under the definition of
“Applicable Margin”, “Applicable Percentage” or “Applicable Utilization
Fee”, as the case may be; (c) if the ratings established by S&P and Moody’s shall fall
within different levels, the Applicable Margin, the Applicable Percentage and the Applicable
Utilization Fee shall be based upon the higher rating unless the such ratings differ by two
or more levels, in which case the applicable level will be deemed to be one level below the
higher of such levels; (d) if any rating established by S&P or Moody’s shall be changed,
such change shall be effective as of the date on which such change is first announced
publicly by the rating agency making such change; and (e) if S&P or Moody’s shall change the
basis on which ratings are established, each reference to the Public Debt Rating announced
by S&P or Moody’s, as the case may be, shall refer to the then equivalent rating by S&P or
Moody’s, as the case may be.

     “Reference Banks” means BofA, Citibank, JPMCB and DB.

     “Register” has the meaning specified in Section 8.07(d).

     “Required Lenders” means at any time Lenders owed over 50% of the then
aggregate unpaid principal amount (based on the Equivalent in Dollars at such time) of the
Advances owing to Lenders, or, if no such principal amount is then outstanding, Lenders
having at least a majority in interest of the Revolving Credit Commitments.

     “Revolving Credit Commitment” means, with respect to any Lender at any
time, the amount set forth opposite such Lender’s name on the signature pages hereto under
the caption “Revolving Credit Commitment” or, if such Lender has entered into one or more
Assignment and Acceptances, set forth for such Lender in the Register maintained by the
Agent pursuant to Section 8.07(d) as such Lender’s

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“Revolving Credit Commitment”, as such amount may be reduced at or prior to such
time pursuant to Section 2.05 or increased pursuant to Sections 2.18(c) or 2.19.

     “S&P” means Standard & Poor’s, a division of The McGraw-Hill Companies, Inc.

     “Single Employer Plan” means a single employer plan, as defined in Section
4001(a)(15) of ERISA, that (a) is maintained for employees of the Borrower or any ERISA
Affiliate and no Person other than the Borrower and the ERISA Affiliates or (b) was so
maintained and in respect of which the Borrower or any ERISA Affiliate could have liability
under Section 4069 of ERISA in the event such plan has been or were to be terminated.

     “Sub-Agent” means Citibank plc.

     “Subordinated Debt” means Debt that is subordinated by its terms in right of
payment to amounts owing under this Agreement.

     “Subsidiary” of any Person means any corporation, partnership, joint venture,
limited liability company, trust or estate of which (or in which) more than 50% of (a) the
issued and outstanding capital stock having ordinary voting power to elect a majority of the
Board of Directors of such corporation (irrespective of whether at the time capital stock of
any other class or classes of such corporation shall or might have voting power upon the
occurrence of any contingency), (b) the interest in the capital or profits of such limited
liability company, partnership or joint venture or (c) the beneficial interest in such trust
or estate is at the time directly or indirectly owned or controlled by such Person, by such
Person and one or more of its other Subsidiaries or by one or more of such Person’s other
Subsidiaries.

     “Termination Date” means the earlier of (a) August 29, 2012, subject to the
extension thereof pursuant to Section 2.18 and (b) the date of termination in whole of the
Commitments pursuant to Section 2.05 or 6.01; provided, however, that the
Termination Date of any Lender that is a Non-Consenting Lender to any requested extension
pursuant to Section 2.18 shall be the Termination Date in effect immediately prior to the
applicable Extension Date for all purposes of this Agreement.

     “Type” refers to the distinction between Base Rate Advances and Eurocurrency
Rate Advances.

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

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

          SECTION 1.02. Computation of Time Periods. In this Agreement in the computation of
periods of time from a specified date to a later specified date, the word “from” means “from and
including” and the words “to” and “until” each mean “to but excluding”.

          SECTION 1.03. Accounting Terms. All accounting terms not specifically defined herein
shall be construed in accordance with generally accepted accounting principles consistent with
those applied in the preparation of the financial statements referred to in Section 4.01(e)
(“GAAP”). If at any time any change in generally accepted accounting principles would
affect the computation of any financial ratio or requirement set forth herein, and either the
Borrower or the Required Lenders shall so request, the Agent, the Lenders and the Borrower

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shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in
generally accepted accounting principles (subject to the approval of the Borrower and the Required
Lenders); provided that, until so amended, (i) such ratio or requirement shall
continue to be computed in accordance with GAAP and (ii) the Borrower shall provide to the 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 generally accepted accounting
principles.

ARTICLE II

AMOUNTS AND TERMS OF THE ADVANCES AND LETTERS OF CREDIT

          SECTION 2.01. The Advances and Letters of Credit. (a) Each Lender severally agrees,
on the terms and conditions hereinafter set forth, to make Advances to the Borrower from time to
time on any Business Day during the period from the Effective Date until the Termination Date in an
aggregate amount (based in respect of any Advances to be denominated in a Committed Currency by
reference to the Equivalent thereof in Dollars determined on the date of delivery of the applicable
Notice of Borrowing) not to exceed at any time such Lender’s Unused Commitment at such time. Each
Borrowing shall be in an amount not less than the Borrowing Minimum or the Borrowing Multiple in
excess thereof and shall consist of Advances of the same Type and in the same currency made on the
same day by the Lenders ratably according to their respective Revolving Credit Commitments. Within
the limits of each Lender’s Revolving Credit Commitment, the Borrower may borrow under this Section
2.01(a), prepay pursuant to Section 2.10 and reborrow under this Section 2.01(a).

          (b) Letters of Credit. Each Issuing Bank agrees, on the terms and conditions
hereinafter set forth, to issue letters of credit (each, a “Letter of Credit”) denominated
in Dollars for the account of the Borrower from time to time on any Business Day during the period
from the Effective Date until 30 days before the Termination Date in an aggregate Available Amount
(i) for all Letters of Credit issued by each Issuing Bank not to exceed at any time the lesser of
(x) the Letter of Credit Facility at such time and (y) each Issuing Bank’s Letter of Credit
Commitment at such time and (ii) for each such Letter of Credit not to exceed an amount equal to
the Unused Commitments of the Lenders at such time. No Letter of Credit shall have an expiration
date (including all rights of the Borrower or the beneficiary to require renewal) later than 10
Business Days before the Termination Date. Within the limits referred to above, the Borrower may
request the issuance of Letters of Credit under this Section 2.01(b), repay any Advances resulting
from drawings thereunder pursuant to Section 2.03(c) and request the issuance of additional Letters
of Credit under this Section 2.01(b).

          SECTION 2.02. Making the Advances. (a) Except as otherwise provided in Section
2.03(c), each Borrowing shall be made on notice, given not later than (x) 11:00 A.M. (New York City
time) on the third Business Day prior to the date of the proposed Borrowing in the case of a
Borrowing consisting of Eurocurrency Rate Advances denominated in Dollars, (y) 4:00 P.M. (London
time) on the third Business Day prior to the date of the proposed Borrowing in the case of a
Borrowing consisting of Eurocurrency Rate Advances denominated in any Committed Currency, or (z)
11:00 A.M. (New York City time) on the date of the proposed Borrowing in the case of a Borrowing
consisting of Base Rate Advances, by the Borrower to the Agent (and, in the case of a Borrowing
consisting of Eurocurrency Rate Advances, simultaneously to the Sub-Agent), which shall give to
each Lender prompt notice thereof by telecopier. Each such notice of a Borrowing (a “Notice of
Borrowing”) shall be by telephone, confirmed immediately in writing, or telecopier in
substantially the form of Exhibit B hereto, specifying therein the requested (i) date of such
Borrowing, (ii) Type of Advances comprising such Borrowing, (iii) aggregate amount of such
Borrowing, and (iv) in the case of a Borrowing consisting of Eurocurrency Rate Advances, initial
Interest Period and currency for each such Advance. Each Lender shall, before 1:00 P.M. (New York
City time) on the date of such Borrowing, in the case of a Borrowing consisting of Advances
denominated in Dollars, and before 11:00 A.M. (London time) on the date of such Borrowing, in the
case of a Borrowing consisting of Eurocurrency Rate Advances denominated in any Committed Currency,
make available for the account of its Applicable Lending Office to the Agent at the applicable
Agent’s Account, in same day funds, such Lender’s ratable portion of such Borrowing. After the
Agent’s receipt of such funds and upon fulfillment of the applicable conditions set forth in
Section 3.02, the Agent will make such funds available to the Borrower in same day funds on the date of such Borrowing at the Agent’s address referred to in
Section 8.02 or at the applicable Payment Office, as the case may be.

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          (b) Anything in subsection (a) above to the contrary notwithstanding, (i) the Borrower may not
select Eurocurrency Rate Advances for any Borrowing if the aggregate amount of such Borrowing is
less than the Borrowing Minimum or if the obligation of the Lenders to make Eurocurrency Rate
Advances for the requested currency shall then be suspended pursuant to Section 2.08 or 2.12 and
(ii) the Eurocurrency Rate Advances may not be outstanding as part of more than ten separate
Borrowings.

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

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

          (e) The failure of any Lender to make the Advance 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 Advance on the
date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to
make the Advance to be made by such other Lender on the date of any Borrowing.

          SECTION 2.03. Issuance of and Drawings and Reimbursement Under Letters of
Credit. (a) Request for Issuance. (i) Each Letter of Credit shall be issued upon notice,
given not later than 11:00 A.M. (New York City time) on the fifth Business Day prior to the date of
the proposed issuance of such Letter of Credit (or on such shorter notice as the applicable Issuing
Bank may agree), by the Borrower to any Issuing Bank, and such Issuing Bank shall give the Agent,
prompt notice thereof by telecopier. Each such notice of issuance of a Letter of Credit (a
“Notice of Issuance”) shall be by telephone, confirmed immediately in writing, or
telecopier, specifying therein the requested (A) date of such issuance (which shall be a Business
Day), (B) Available Amount of such Letter of Credit, (C) expiration date of such Letter of Credit
(which shall not be later than the earlier of (x) one year after the issuance thereof (provided
that any such Letter of Credit may provide for renewal thereof for additional periods (which shall
in no event extend past the date in clause (y) hereof)) and (y) 10 Business Days prior to the
earliest Termination Date), (D) name and address of the beneficiary of such Letter of Credit and
(E) form of such Letter of Credit, and shall be accompanied by such customary application and
agreement for letter of credit as such Issuing Bank may specify to the Borrower for use in
connection with such requested Letter of Credit (a “Letter of Credit Agreement”). If the
requested form of such Letter of Credit is acceptable to such Issuing Bank in its sole discretion,
such Issuing Bank will, unless it has received written notice from any Lender, the Agent or the
Borrower, at least one Business Day prior to the requested date of issuance or amendment of the
applicable Letter of Credit, that one or more applicable conditions contained in Article III shall
not be satisfied, upon fulfillment of the applicable conditions set forth in Article III, make such Letter of Credit available to the
Borrower at its office referred to in Section 8.02 or as otherwise agreed with the Borrower in
connection with such issuance. In the event and to the extent that the provisions of any Letter of
Credit Agreement shall conflict with this Agreement, the provisions of this Agreement shall govern.

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          (b) Participations. By the issuance of a Letter of Credit (or an amendment to a
Letter of Credit increasing the amount thereof) and without any further action on the part of the
applicable Issuing Bank or the Lenders, subject to Section 2.19(e), such Issuing Bank hereby grants
to each Lender, and each Lender hereby acquires from such Issuing Bank, a participation in such
Letter of Credit equal to such Lender’s Pro Rata Share of the aggregate amount available to be
drawn under such Letter of Credit. The Borrower hereby agrees to each such participation. In
consideration and in furtherance of the foregoing, each Lender hereby absolutely and
unconditionally agrees to pay to the Agent, for the account of such Issuing Bank, such Lender’s Pro
Rata Share of each drawing made under a Letter of Credit funded by such Issuing Bank and not
reimbursed by the Borrower on the date made, or of any reimbursement payment required to be
refunded to the Borrower for any reason. To the extent of its Revolving Credit Commitment, each
Lender acknowledges and agrees that its obligation to acquire participations pursuant to this
paragraph in respect of Letters of Credit is absolute and unconditional and shall not be affected
by any circumstance whatsoever, including any amendment, renewal or extension of any Letter of
Credit or the occurrence and continuance of a Default or reduction or termination of the aggregate
Revolving Credit Commitments, and that each such payment shall be made without any offset,
abatement, withholding or reduction whatsoever.

          (c) Drawing and Reimbursement. The payment by an Issuing Bank of a draft drawn under
any Letter of Credit shall constitute for all purposes of this Agreement the making by any such
Issuing Bank of an Advance, which shall be a Base Rate Advance, in the amount of such draft. Each
Issuing Bank shall give prompt notice (and such Issuing Bank will use its commercially reasonable
efforts to deliver such notice within one Business Day) of each drawing under any Letter of Credit
issued by it to the Borrower and the Agent. Upon written demand by such Issuing Bank, with a copy
of such demand to the Agent, subject to Section 2.19(e), each Lender shall pay to the Agent such
Lender’s Pro Rata Share of such outstanding Advance, by making available for the account of its
Applicable Lending Office to the Agent for the account of such Issuing Bank, by deposit to the
Agent’s Account, in same day funds, an amount equal to the portion of the outstanding principal
amount of such Advance to be funded by such Lender. Promptly after receipt thereof, the Agent
shall transfer such funds to such Issuing Bank. Each Lender agrees to fund its Pro Rata Share of
an outstanding Advance on (i) the Business Day on which demand therefor is made by such Issuing
Bank, provided that notice of such demand is given not later than 11:00 A.M. (New York City
time) on such Business Day, or (ii) the first Business Day next succeeding such demand if notice of
such demand is given after such time. If and to the extent that any Lender shall not have so made
the amount of such Advance available to the Agent, such Lender agrees to pay to the Agent forthwith
on demand such amount together with interest thereon, for each day from the date of demand by any
such Issuing Bank until the date such amount is paid to the Agent, at the Federal Funds Rate for
its account or the account of such Issuing Bank, as applicable. If such Lender shall pay to the
Agent such amount for the account of any such Issuing Bank on any Business Day, such amount so paid
in respect of principal shall constitute an Advance made by such Lender on such Business Day for
purposes of this Agreement, and the outstanding principal amount of the Advance made by such
Issuing Bank shall be reduced by such amount on such Business Day.

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

          (e) Failure to Make Advances. The failure of any Lender to make the Advance to be
made by it on the date specified in Section 2.03(c) shall not relieve any other Lender of its
obligation hereunder to make its Advance on such date, but no Lender shall be responsible for the
failure of any other Lender to make the Advance to be made by such other Lender on such date.

          SECTION 2.04. Fees. (a) Facility Fee. The Borrower agrees to pay to the
Agent for the account of each Lender a facility fee on the aggregate amount of such Lender’s
Revolving Credit Commitment from the date hereof in the case of each Bank and from the effective
date specified in the Assumption Agreement or in the Assignment and Acceptance pursuant to which it
became a Lender in the case of each other Lender at a rate per

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annum equal to the Applicable Percentage in effect from time to time, payable in arrears quarterly on the first day of each
January, April, July and October, commencing October 1, 2007, and on the Termination Date, and
after the Termination Date payable upon demand until all amounts due and payable under this
Agreement have been paid in full in cash and either all Letters of Credit have been terminated or
the Borrower shall otherwise have complied with the provisions of Section 6.02, provided that after
the Revolving Credit Commitments have been terminated, the facility fee will be calculated on the
aggregate balance of amounts outstanding under this Agreement plus the amounts of any
outstanding Letters of Credit.

          (b) Letter of Credit Fees. (i) The Borrower shall pay to the Agent for the account
of each Lender a commission (the “Letter of Credit Fees”) on such Lender’s Pro Rata Share
of the average daily aggregate Available Amount of all Letters of Credit outstanding from time to
time at a rate per annum equal to the Applicable Margin for Eurocurrency Rate Advances in effect
from time to time, payable in arrears quarterly on the first day of each January, April, July and
October, commencing October 1, 2007, and on the Termination Date, and after the Termination Date
payable upon demand; provided that the Applicable Margin shall increase by 2% upon the
occurrence and during the continuation of an Event of Default under Section 6.01(a) or if the
Letter of Credit Fees are not paid when due (but in any case such increase in the Applicable Margin
shall not exceed 2% per annum) if the Borrower is required to pay Default Interest pursuant to
Section 2.07(b).

     (ii) The Borrower shall pay to each Issuing Bank for its own account such fees as may
from time to time be agreed in writing between the Borrower and such Issuing Bank.

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

          SECTION 2.05. Optional Termination or Reduction of the Commitments. The Borrower
shall have the right, upon at least three Business Days’ notice to the Agent, to terminate in whole
or permanently reduce ratably in part the respective Unused Commitments of the Lenders,
provided that each partial reduction shall be in the aggregate amount of $10,000,000 or an
integral multiple of $1,000,000 in excess thereof.

          SECTION 2.06. Repayment of Advances. (a) The Borrower shall repay to the Agent on
each Termination Date, for the ratable account of the Lenders whose Commitments terminate on such
date, the aggregate principal amount of the Advances owed to such Lenders then outstanding.

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

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

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

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

15

 

     (iv) any statement or any other document presented under a Letter of Credit proving to
be forged, fraudulent, invalid or insufficient in any respect or any statement therein being
untrue or inaccurate in any respect;

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

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

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

          SECTION 2.07. Interest on Advances. (a) Scheduled Interest. The Borrower
shall pay interest on the unpaid principal amount of each Advance owing to each Lender from the
date of such Advance until such principal amount shall be paid in full, at the following rates per
annum:

     (i) Base Rate Advances. During such periods as such Advance is a Base Rate
Advance, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from
time to time plus (y) the Applicable Margin in effect from time to time plus (z) the
Applicable Utilization Fee, if any, in effect from time to time, payable in arrears
quarterly on the first day of each January, April, July and October during such periods and
on the date such Base Rate Advance shall be Converted or paid in full.

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

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

          SECTION 2.08. Interest Rate Determination. (a) Each Reference Bank agrees to
furnish to the Agent timely information for the purpose of determining each Eurocurrency Rate. If
any one or more of the Reference Banks shall not furnish such timely information to the Agent for the purpose of determining any such interest rate, the Agent
shall determine such interest rate on the basis of timely information furnished by the remaining
Reference Banks. The Agent shall give prompt notice to the Borrower and the Lenders of the
applicable interest rate determined by the Agent for purposes of Section 2.07(a)(i) or (ii), and
the rate, if any, furnished by each Reference Bank for the purpose of determining the interest rate
under Section 2.07(a)(ii).

          (b) If, with respect to any Eurocurrency Rate Advances, the Required Lenders notify the Agent
that (i) they are unable to obtain matching deposits in the London inter-bank market at or about
11:00 A.M.

16

 

(London time) on the second Business Day before the making of a Borrowing in sufficient
amounts to fund their respective Advances as a part of such Borrowing during its Interest Period or
(ii) the Eurocurrency Rate for any Interest Period for such Advances will not adequately reflect
the cost to such Required Lenders of making, funding or maintaining their respective Eurocurrency
Rate Advances for such Interest Period, the Agent shall forthwith so notify the Borrower and the
Lenders, whereupon (A) the Borrower will, on the last day of the then existing Interest Period
therefor, (1) if such Eurocurrency Rate Advances are denominated in Dollars, either (x) prepay such
Advances or (y) Convert such Advances into Base Rate Advances and (2) if such Eurocurrency Rate
Advances are denominated in any Committed Currency, either (x) prepay such Advances or (y) exchange
such Advances into an Equivalent amount of Dollars and Convert such Advances into Base Rate
Advances and (B) the obligation of the Lenders to make, or to Convert Advances into, Eurocurrency
Rate Advances shall be suspended until the Agent shall notify the Borrower and the Lenders that the
circumstances causing such suspension no longer exist.

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

          (d) On the date on which the aggregate unpaid principal amount of Eurocurrency Rate Advances
comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than the
Borrowing Minimum, such Advances shall automatically (i) if such Eurocurrency Rate Advances are
denominated in Dollars, Convert into Base Rate Advances and (ii) if such Eurocurrency Rate Advances
are denominated in a Committed Currency, be exchanged for an Equivalent amount of Dollars and
Convert into Base Rate Advances.

          (e) Upon the occurrence and during the continuance of any Event of Default under Section
6.01(a), (i) each Eurocurrency Rate Advance will automatically, on the last day of the then
existing Interest Period therefor, (A) if such Eurocurrency Rate Advances are denominated in
Dollars, be Converted into Base Rate Advances and (B) if such Eurocurrency Rate Advances are
denominated in any Committed Currency, be exchanged for an Equivalent amount of Dollars and be
Converted into Base Rate Advances and (ii) the obligation of the Lenders to make, or to Convert
Advances into, Eurocurrency Rate Advances shall be suspended.

          (f) If Reuters Screen LIBOR01 Page is unavailable and fewer than two Reference Banks furnish
timely information to the Agent for determining the Eurocurrency Rate for any such Eurocurrency
Rate Advances,

     (i) the Agent shall forthwith notify the Borrower and the Lenders that the interest
rate cannot be determined for such Eurocurrency Rate Advances,

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

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

          SECTION 2.09. Optional Conversion of Advances. The Borrower may on any Business Day,
upon notice given to the Agent not later than 11:00 A.M. (New York City time) on the third Business
Day prior to the date of the proposed Conversion and subject to the provisions of Sections 2.08 and
2.12, Convert all Advances denominated in Dollars of one Type comprising the same Borrowing into
Advances denominated in Dollars of the

17

 

other Type; provided, however, that any
Conversion of Eurocurrency Rate Advances into Base Rate Advances shall be made only on the last day
of an Interest Period for such Eurocurrency Rate Advances, any Conversion of Base Rate Advances
into Eurocurrency Rate Advances shall be in an amount not less than the minimum amount specified in
Section 2.02(b) and no Conversion of any Advances shall result in more separate Borrowings than
permitted under Section 2.02(b). Each such notice of a Conversion shall, within the restrictions
specified above, specify (i) the date of such Conversion, (ii) the Dollar denominated Advances to
be Converted, and (iii) if such Conversion is into Eurocurrency Rate Advances, the duration of the
initial Interest Period for each such Advance. Each notice of Conversion shall be irrevocable and
binding on the Borrower.

          SECTION 2.10. Prepayments of Advances. (a) Optional. The Borrower may, upon
notice at least two Business Days’ prior to the date of such prepayment, in the case of
Eurocurrency Rate Advances, and not later than 11:00 A.M. (New York City time) on the date of such
prepayment, in the case of Base Rate Advances, to the Agent stating the proposed date and aggregate
principal amount of the prepayment, and if such notice is given the Borrower shall, prepay the
outstanding principal amount of the Advances comprising part of the same Borrowing in whole or
ratably in part without premium or penalty, together with accrued interest to the date of such
prepayment on the principal amount prepaid; provided, however, that (x) each
partial prepayment shall be in an aggregate principal amount of not less than the Borrowing Minimum
or a Borrowing Multiple in excess thereof and (y) in the event of any such prepayment of a
Eurocurrency Rate Advance, the Borrower shall be obligated to reimburse the Lenders in respect
thereof pursuant to Section 8.04(c).

          (b) Mandatory. (i) If, on any date, the Agent notifies the Borrower that, on any
interest payment date, the sum of (A) the aggregate principal amount of all Advances denominated in
Dollars plus the Available Amount of Letters of Credit then outstanding plus (B) the Equivalent in
Dollars (determined on the third Business Day prior to such interest payment date) of the aggregate
principal amount of all Advances denominated in Committed Currencies then outstanding exceeds 102%
of the aggregate Revolving Credit Commitments of the Lenders on such date, the Borrower shall, as
soon as practicable and in any event within two Business Days after receipt of such notice, subject
to the proviso to this sentence set forth below, prepay the outstanding principal amount of any
Advances owing by the Borrower in an aggregate amount sufficient to reduce such sum to an amount
not to exceed 100% of the aggregate Revolving Credit Commitments of the Lenders on such date
together with any interest accrued to the date of such prepayment on the aggregate principal amount
of Advances prepaid; provided that if the aggregate principal amount of Base Rate Advances
outstanding at the time of such required prepayment is less than the amount of such required
prepayment, the portion of such required prepayment in excess of the aggregate principal amount of
Base Rate Advances then outstanding shall be deferred until the earliest to occur of the last day
of the Interest Period of the outstanding Eurocurrency Rate Advances, in an aggregate amount equal
to the excess of such required prepayment. The Agent shall give prompt notice of any prepayment
required under this Section 2.10(b) to the Borrower and the Lenders, and shall provide prompt
notice to the Borrower of any such notice of required prepayment received by it from any Lender.

          (ii) Each prepayment made pursuant to this Section 2.10(b) shall be made together with any
interest accrued to the date of such prepayment on the principal amounts prepaid and, in the case
of any prepayment of a Eurocurrency Rate Advance on a date other than the last day of an Interest
Period or at its maturity, any additional amounts which the Borrower shall be obligated to
reimburse to the Lenders in respect thereof pursuant to Section 8.04(c). The Agent shall give
prompt notice of any prepayment required under this Section 2.10(b) to the Borrower and the
Lenders.

          SECTION 2.11. Increased Costs. (a) If, due to either (i) the introduction of or any
change in or in the interpretation of any law or regulation after the date hereof or (ii) the
compliance with any guideline or European Union or similar monetary or multinational authority
(whether or not having the force of law) promulgated after the date hereof, there shall be any
increase in the cost to any Lender of agreeing to make or making, funding or maintaining
Eurocurrency Rate Advances or of agreeing to issue or of issuing or maintaining or participating in
Letters of Credit (excluding for purposes of this Section 2.11 any such increased costs resulting
from (i) Taxes or Other Taxes (as to which Section 2.14 shall govern) and (ii) changes in the basis
of taxation of overall net income or overall gross income by the United States or by the foreign
jurisdiction or state under the laws of which such Lender is organized or has its Applicable
Lending Office or any political subdivision thereof), then the Borrower shall from time to time,
within five Business Days after demand by such Lender (with a copy of such

18

 

demand to the Agent), pay to the Agent for the account of such Lender additional amounts sufficient to compensate such
Lender for such increased cost; provided, however, that before making any such
demand, each Lender agrees to use reasonable efforts (consistent with its internal policy and legal
and regulatory restrictions) to designate a different Applicable Lending Office if the making of
such a designation would avoid the need for, or reduce the amount of, such increased cost and would
not, in the reasonable judgment of such Lender, be otherwise disadvantageous to such Lender. A
certificate as to the amount of such increased cost, submitted to the Borrower and the Agent by
such Lender, shall be conclusive and binding for all purposes, absent manifest error.

          (b) If any Lender determines that compliance with any law or regulation or any guideline or
request from any central bank or other governmental authority (whether or not having the force of
law) promulgated after the Effective Date affects or would affect the amount of capital required or
expected to be maintained by such Lender or any corporation controlling such Lender and that the
amount of such capital is increased by or based upon the existence of such Lender’s commitment to
lend hereunder and other commitments of this type, then, within five Business Days after demand by
such Lender (with a copy of such demand to the Agent), the Borrower shall pay to the Agent for the
account of such Lender, from time to time as specified by such Lender, additional amounts
sufficient to compensate such Lender or such corporation in the light of such circumstances, to the
extent that such Lender reasonably determines such increase in capital to be allocable to the
existence of such Lender’s commitment to lend hereunder. A certificate as to such amounts
submitted to the Borrower and the Agent by such Lender shall be conclusive and binding for all
purposes, absent manifest error.

          (c) Failure or delay on the part of any Lender to demand compensation pursuant to 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 this Section for any
increased costs or reductions incurred more than six months prior to the date that such Lender
notifies the Borrower of the circumstance giving rise to such increased costs or reductions and of
such Lender’s intention to claim compensation therefor; provided further that, if
the circumstance giving rise to such increased costs or reductions is retroactive, then the
six-month period referred to above shall be extended to include the period of retroactive effect
thereof.

          SECTION 2.12. Illegality. Notwithstanding any other provision of this Agreement, if
any Lender shall notify the Agent that the introduction of or any change in or in the
interpretation of any law or regulation makes it unlawful, or any central bank or other
governmental authority asserts that it is unlawful, for any Lender or its Eurocurrency Lending
Office to perform its obligations hereunder to make Eurocurrency Rate Advances in Dollars or any
Committed Currency or to fund or maintain Eurocurrency Rate Advances in Dollars or any Committed
Currency hereunder, (a) each Eurocurrency Rate Advance will automatically, (i) if such Eurocurrency
Rate Advance is denominated in Dollars, be Converted into a Base Rate Advance and (ii) if such
Eurocurrency Rate Advance is denominated in any Committed Currency, be exchanged into an Equivalent
amount of Dollars and be Converted into a Base Rate Advance and (b) the obligation of the Lenders
to make Eurocurrency Rate Advances or to Convert Advances into Eurocurrency Rate Advances shall be
suspended until the Agent shall notify the Borrower and the Lenders that the circumstances causing
such suspension no longer exist; provided, however, that before making any such
demand, each Lender agrees to use reasonable efforts (consistent with its internal policy and legal
and regulatory restrictions) to designate a different Eurocurrency Lending Office if the making of
such a designation would allow such Lender or its Eurocurrency Lending Office to continue to
perform its obligations to make Eurocurrency Rate Advances or to continue to fund or maintain
Eurocurrency Rate Advances and would not, in the judgment of such Lender, be otherwise
disadvantageous to such Lender.

          SECTION 2.13. Payments and Computations. (a) The Borrower shall make each payment
hereunder (other than with respect to principal of, interest on, and other amounts relating to,
Advances denominated in a Committed Currency), irrespective of any right of counterclaim or set-
off, not later than 11:00 A.M. (New York City time) on the day when due in Dollars to the Agent at
the applicable Agent’s Account in same day funds. The Borrower shall make each payment hereunder
with respect to principal of, interest on, and other amounts relating to, Advances denominated in a
Committed Currency, irrespective of any right of counterclaim or set-off, not later than 11:00 A.M.
(at the Payment Office for such Committed Currency) on the day when due in such Committed Currency
to the Agent, by deposit of such funds to the applicable Agent’s Account in same day funds. The
Agent will promptly thereafter cause to be distributed like funds relating to the payment of
principal or interest or facility fees ratably (other than amounts payable pursuant to Section
2.11, 2.14 or 8.04(c)) to the Lenders for the account of their respective Applicable Lending
Offices, and like funds relating to the payment of any other amount payable to

19

 

any Lender to such Lender for the account of its Applicable Lending Office, in each case to be applied in accordance
with the terms of this Agreement. Upon any Assuming Lender becoming a Lender hereunder as a result
of an extension of the Termination Date pursuant to Section 2.18 or a Commitment Increase pursuant
to Section 2.19, and upon the Agent’s receipt of such Lender’s Assumption Agreement and recording
of the information contained therein in the Register, from and after the applicable Increase Date
or Extension Date, as the case may be, the Agent shall make all payments hereunder and under any
Notes issued in connection therewith in respect of the interest assumed thereby to the Assuming
Lender. Upon its acceptance of an Assignment and Acceptance and recording of the information
contained therein in the Register pursuant to Section 8.07(c), from and after the effective date
specified in such Assignment and Acceptance, the Agent shall make all payments hereunder and under
any Notes in respect of the interest assigned thereby to the Lender assignee thereunder, and the
parties to such Assignment and Acceptance shall make all appropriate adjustments in such payments
for periods prior to such effective date directly between themselves.

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

          (c) All computations of interest based on the Base Rate determined by reference to Citibank’s
base rate shall be made by the Agent on the basis of a year of 365 or 366 days, as the case may be,
all computations of interest based on the Eurocurrency Rate or the Federal Funds Rate and of fees
and Letter of Credit commissions shall be made by the Agent on the basis of a year of 360 days (or,
in each case of Advances denominated in Sterling, on the basis of 365 days), in each case for the
actual number of days (including the first day but excluding the last day) occurring in the period
for which such interest, fees or commissions are payable. Each determination by the Agent of an
interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error.

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

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

          (f) To the extent that the Agent receives funds for application to the amounts owing
by any Borrower under or in respect of this Agreement or any Note in currencies other than the
currency or currencies required to enable the Agent to distribute funds to the Lenders in
accordance with the terms of this Section 2.13, the Agent shall be entitled to convert or exchange
such funds into Dollars or into a Committed Currency to the extent necessary to enable the Agent to
distribute such funds in accordance with the terms of this Section 2.13; provided that the Borrower
and each of the Lenders hereby agree that the Agent shall not be liable or responsible for any
loss, cost or expense suffered by the Borrower or such Lender as a result of any conversion or
exchange of currencies affected pursuant to this Section 2.13(f) or as a result of the failure of
the Agent to effect any such conversion or exchange; and provided further that the Borrower agrees
to indemnify the Agent and each Lender, and hold the Agent and each Lender harmless, for any and
all losses, costs and expenses incurred by the Agent or any Lender for any conversion or exchange
of currencies (or the failure to convert or exchange any currencies) in accordance with this
Section 2.13(f).

20

 

          SECTION 2.14. Taxes. (a) Any and all payments by the Borrower to or for the
account of any Lender or the Agent hereunder or under the Notes or any other documents to be
delivered hereunder shall be made, in accordance with Section 2.13 or the applicable provisions of
such other documents, free and clear of and without deduction for any and all present or future
taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect
thereto, excluding, in the case of each Lender and the Agent, taxes imposed on its overall
net income (including backup withholding taxes), and franchise taxes imposed on it, by the
jurisdiction under the laws of which such Lender or the Agent (as the case may be) is organized or
any political subdivision thereof and, in the case of each Lender, taxes imposed on its overall net
income (including backup withholding taxes), and franchise taxes imposed on it, by the jurisdiction
of such Lender’s Applicable Lending Office or any political subdivision thereof (all such
non-excluded taxes, levies, imposts, deductions, charges, withholdings and liabilities in respect
of payments hereunder or under the Notes being hereinafter referred to as “Taxes”). If the
Borrower shall be required by law to deduct any Taxes from or in respect of any sum payable
hereunder or under any Note or any other documents to be delivered hereunder to any Lender or the
Agent, (i) the sum payable shall be increased as may be necessary so that after making all required
deductions (including deductions applicable to additional sums payable under this Section 2.14)
such Lender or the Agent (as the case may be) receives an amount equal to the sum it would have
received had no such deductions been made, (ii) the Borrower shall make such deductions and (iii)
the Borrower shall pay the full amount deducted to the relevant taxation authority or other
authority in accordance with applicable law.

          (b) In addition, the Borrower shall pay any present or future stamp or documentary taxes or
any other excise or property taxes, charges or similar levies that arise from any payment made
hereunder or under the Notes any other documents to be delivered hereunder or from the execution,
delivery or registration of, performing under, or otherwise with respect to, this Agreement or the
Notes or any other documents to be delivered hereunder (hereinafter referred to as “Other
Taxes”).

          (c) The Borrower shall indemnify each Lender and the Agent for and hold it harmless against
the full amount of Taxes or Other Taxes (including, without limitation, taxes of any kind imposed
or asserted by any jurisdiction on amounts payable under this Section 2.14) imposed on or paid by
such Lender or the Agent (as the case may be) and any liability (including penalties, interest and
expenses) arising therefrom or with respect thereto. This indemnification shall be made within 30
days from the date such Lender or the Agent (as the case may be) makes written demand therefor.

          (d) Within 30 days after the date of any payment of Taxes, the Borrower shall furnish to the
Agent, at its address referred to in Section 8.02, the original or a certified copy of a receipt
evidencing such payment to the extent such a receipt is issued therefor, or other written proof of
payment thereof that is reasonably satisfactory to the Agent. In the case of any payment hereunder
or under the Notes or any other documents to be delivered hereunder by or on behalf of the Borrower
through an account or branch outside the United States or by or on behalf of the Borrower by a
payor that is not a United States person, if the Borrower determines that no Taxes are payable in
respect thereof, the Borrower shall furnish, or shall cause such payor to furnish, to the Agent, at
such address, an opinion of counsel acceptable to the Agent stating that such payment is exempt
from Taxes. For purposes of this subsection (d) and subsection (e), the terms “United
States” and “United States person” shall have the meanings specified in Section 7701 of
the Internal Revenue Code.

          (e) Each Lender organized under the laws of a jurisdiction outside the United States, on or
prior to the date of its execution and delivery of this Agreement in the case of each Bank and on
the date of the Assumption Agreement or the Assignment and Acceptance pursuant to which it becomes
a Lender in the case of each other Lender, and from time to time thereafter (but only so long as
such Lender remains lawfully able to do so) as reasonably requested in writing by the Borrower,
shall provide each of the Agent and the Borrower with two original Internal Revenue Service forms
W-8BEN or W-8ECI, as appropriate, or any successor or other form prescribed by the Internal Revenue
Service (including forms required for exemption from withholding under Sections 871(h) and 881(c)
of the Internal Revenue Code), certifying that such Lender is exempt from or entitled to a reduced
rate of United States withholding tax on payments pursuant to this Agreement or the Notes. If the
form provided by a Lender at the time such Lender first becomes a party to this Agreement indicates
a United States interest withholding tax rate in excess of zero, withholding tax at such rate shall
be considered excluded from Taxes unless and until such Lender provides the appropriate forms
certifying that a lesser rate applies, whereupon withholding tax at such lesser rate only shall be
considered excluded from Taxes for periods governed by such form;

21

 

provided, however, that, if at the date of the Assignment and Acceptance
pursuant to which a Lender assignee becomes a party to this Agreement, the Lender assignor was
entitled to payments under subsection (a) in respect of United States withholding tax with respect
to interest paid at such date, then, to such extent, the term Taxes shall include (in addition to
withholding taxes that may be imposed in the future or other amounts otherwise includable in Taxes)
United States withholding tax, if any, applicable with respect to the Lender assignee on such date
but only to the extent that the United States withholding tax rate applicable with respect to the
Lender assignee does not exceed the rate applicable to the Lender assignor with respect to interest
paid at the date of such Assignment and Acceptance. If any form or document referred to in this
subsection (e) requires the disclosure of information, other than information necessary to compute
the tax payable and information required on the date hereof by Internal Revenue Service form W-8BEN
or W-8ECI (or in the case of a Lender assignee, other than the information required on such
Internal Revenue Service forms or successor forms on the date of the Assignment and Acceptance
pursuant to which such Lender assignee became a party to this Agreement), that the Lender
reasonably considers to be confidential, the Lender shall give notice thereof to the Borrower and
shall not be obligated to include in such form or document such confidential information.

          (f) For any period with respect to which a Lender has failed to provide the Borrower with the
appropriate form, certificate or other document described in Section 2.14(e) (other
than if such failure is due to a change in law, or in the interpretation or application
thereof, occurring subsequent to the date on which a form, certificate or other document originally
was required to be provided), such Lender shall not be entitled to indemnification under Section
2.14(a) or (c) with respect to Taxes imposed by the United States by reason of such failure;
provided, however, that should a Lender become subject to Taxes because of its
failure to deliver a form, certificate or other document required hereunder, the Borrower shall
take such steps as the Lender shall reasonably request to assist the Lender to recover such Taxes.

          (g) Any Lender claiming any additional amounts payable pursuant to this Section 2.14 agrees to
use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions)
to change the jurisdiction of its Eurocurrency Lending Office if the making of such a change would
avoid the need for, or reduce the amount of, any such additional amounts that may thereafter accrue
and would not, in the reasonable judgment of such Lender, be otherwise disadvantageous to such
Lender.

          (h) Each Lender (and the Agent with respect to payments to the Agent for its own account)
agrees that (i) it will take all reasonable actions by all usual means to maintain all exemptions,
if any, available to it from the United States withholding taxes (whether available by treaty,
existing administrative waiver, by virtue of the location of any Lender’s applicable Lending Office
or otherwise) and (ii) it will otherwise reasonably cooperate with the Borrower to minimize amounts
payable by the Borrower under this Section 2.14; provided, however, that each
Lender and the Agent shall not be obligated by reason of this subsection (h) to disclose any
information regarding its tax affairs or tax computations or to reorder its tax or other affairs or
tax or other planning.

          (i) If any Lender determines, in its sole discretion, that it has actually and finally
realized, by reason of a refund, deduction or credit of any Taxes paid or reimbursed by the
Borrower pursuant to subsection (a) or (c) above in respect of payments under the Credit Agreement
or the Notes, a current monetary benefit that it would otherwise not have obtained, and that would
result in the total payments under this Section 2.14 exceeding the amount needed to make such
Lender whole, such Lender shall pay to the Borrower, with reasonable promptness following the date
on which it actually realizes such benefit, an amount equal to the lesser of the amount of such
benefit or the amount of such excess, in each case net of all out-of-pocket expenses in securing
such refund, deduction or credit; provided that nothing in this clause (i) shall require
any Lender to make available its tax returns or any other information relating to its taxes that it
deems confidential.

          SECTION 2.15. Sharing of Payments, Etc. If any Lender shall obtain any payment
(whether voluntary, involuntary, through the exercise of any right of set-off, or otherwise) on
account of the Advances owing to it (other than pursuant to Section 2.11, 2.14 or 8.04(c)) in
excess of its ratable share of payments on account of the Advances obtained by all the Lenders,
such Lender shall forthwith purchase from the other Lenders such participations in the Advances
owing to them as shall be necessary to cause such purchasing Lender to share the excess payment
ratably with each of them; provided, however, that if all or any portion of such
excess payment is thereafter recovered from such purchasing Lender, such purchase from each Lender
shall be rescinded and each Lender shall repay to the purchasing Lender the purchase price to the
extent of such recovery together with an

22

 

amount equal to such Lender’s ratable share (according to the
proportion of (i) the amount of such Lender’s required repayment to (ii) the total amount so
recovered from the purchasing Lender) of any interest or other amount paid or payable by the
purchasing Lender in respect of the total amount so recovered. The Borrower agrees that any Lender
so purchasing a participation from another Lender pursuant to this Section 2.15 may, to the fullest
extent permitted by law, exercise all its rights of payment (including the right of set-off) with
respect to such participation as fully as if such Lender were the direct creditor of the Borrower
in the amount of such participation.

          SECTION 2.16. Evidence of Debt. (a) Each Lender shall maintain in accordance with
its usual practice an account or accounts evidencing the indebtedness of the Borrower to such
Lender resulting from each Advance owing to such Lender from time to time, including the amounts of
principal and interest payable and paid to such Lender from time to time hereunder in respect of
Advances. The Borrower agrees that upon notice by any Lender to the Borrower (with a copy of such
notice to the Agent) to the effect that a Note is required or appropriate in order for such Lender
to evidence (whether for purposes of pledge, enforcement or otherwise) the Advances owing to, or to
be made by, such Lender, the Borrower shall promptly execute and deliver to such Lender a Note
payable to the order of such Lender in a principal amount up to the Revolving Credit Commitment of
such Lender.

          (b) The Register maintained by the Agent pursuant to Section 8.07(d) shall include a control
account, and a subsidiary account for each Lender, in which accounts (taken together) shall be
recorded (i) the date and amount of each Borrowing made hereunder, the Type of Advances comprising
such Borrowing and, if appropriate, the Interest Period applicable thereto, (ii) the terms of each
Assumption Agreement and each Assignment and Acceptance delivered to and accepted by it, (iii) the
amount of any principal or interest due and payable or to become due and payable from the Borrower
to each Lender hereunder and (iv) the amount of any sum received by the Agent from the Borrower
hereunder and each Lender’s share thereof.

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

          SECTION 2.17. Use of Proceeds. The proceeds of the Advances and issuances of Letters
of Credit shall be available (and the Borrower agrees that it shall use such proceeds) solely for
general corporate purposes of the Borrower and its Subsidiaries.

          SECTION 2.18. Extension of Termination Date. (a) At least 30 days but not more than
90 days prior to the each anniversary of the Effective Date, the Borrower, by written notice to the
Agent, may request an extension of the Termination Date in effect at such time by one year from its
then scheduled expiration. The Agent shall promptly notify each Lender of such request, and each
Lender shall in turn, in its sole discretion, not later than 25 days prior to such anniversary
date, notify the Borrower and the Agent in writing as to whether such Lender will consent to such
extension. If any Lender shall fail to notify the Agent and the Borrower in writing of its consent
to any such request for extension of the Termination Date at least 25 days prior to such
anniversary date, such Lender shall be deemed to be a Non-Consenting Lender with respect to such
request. The Agent shall promptly (but in any event not later than 20 days prior to such
anniversary date) notify the Borrower of the decision of the Lenders pursuant to this Section 2.18
regarding the Borrower’s request for an extension of the Termination Date.

          (b) If all the Lenders consent in writing to any such request in accordance with subsection
(a) of this Section 2.18, the Termination Date in effect at such time shall, effective as at the
applicable anniversary date (each, an “Extension Date”), be extended for one year;
provided that on each Extension Date the applicable conditions set forth in Section 3.02
shall be satisfied. If less than all of the Lenders consent in writing to any such request in
accordance with subsection (a) of this Section 2.18, the Termination Date in effect at such time
shall, effective as at such Extension Date and subject to subsection (d) of this Section 2.18, be
extended as to those Lenders that so consented (each a “Consenting Lender”) but shall not be extended as to
any other Lender (each a “Non-Consenting Lender”). To the extent that the Termination Date
is not extended as to any Lender pursuant to this Section 2.18 and the Revolving Credit Commitment
of such Lender is not assumed in accordance with

23

 

subsection (c) of this Section 2.18 on or prior to
the applicable Extension Date, the Revolving Credit Commitment of such Non-Consenting Lender shall
automatically terminate in whole on such unextended Termination Date without any further notice or
other action by the Borrower, such Lender or any other Person; provided that such
Non-Consenting Lender’s rights under Sections 2.11, 2.14 and 8.04, and its obligations under
Section 7.05, shall survive the Termination Date for such Lender as to matters occurring prior to
such date. It is understood and agreed that no Lender shall have any obligation whatsoever to
agree to any request made by the Borrower for any requested extension of the Termination Date.

          (c) If less than all of the Lenders consent to any such request pursuant to subsection (a) of
this Section 2.18, the Agent shall promptly so notify the Consenting Lenders, and each Consenting
Lender may, in its sole discretion, give written notice to the Agent not later than 15 days prior
to the applicable Extension Date of the amount of the Non-Consenting Lenders’ Revolving Credit
Commitments for which it is willing to accept an assignment. If the Consenting Lenders notify the
Agent that they are willing to accept assignments of Revolving Credit Commitments in an aggregate
amount that exceeds the amount of the Revolving Credit Commitments of the Non-Consenting Lenders,
such Revolving Credit Commitments shall be allocated among the Consenting Lenders willing to accept
such assignments in such amounts as are agreed between the Borrower and the Agent. If after giving
effect to the assignments of Revolving Credit Commitments described above there remains any
Revolving Credit Commitments of Non-Consenting Lenders, the Borrower may arrange for one or more
Consenting Lenders or other Eligible Assignees (an “Assuming Lender”) to assume, effective
as of the applicable Extension Date, any Non-Consenting Lender’s Revolving Credit Commitment and
all of the obligations of such Non-Consenting Lender under this Agreement thereafter arising,
without recourse to or warranty by, or expense to, such Non-Consenting Lender; provided,
however, that the amount of the Revolving Credit Commitment of any such Assuming Lender as
a result of such substitution shall in no event be less than $5,000,000 unless the amount of the
Revolving Credit Commitment of such Non-Consenting Lender is less than $5,000,000, in which case
such Assuming Lender shall assume all of such lesser amount; and provided further
that:

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

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

     (iii) with respect to any such Assuming Lender, the applicable processing and
recordation fee required under Section 8.07(a) for such assignment shall have been paid;

provided further that such Non-Consenting Lender’s rights under Sections 2.11, 2.14
and 8.04, and its obligations under Section 7.05, shall survive such substitution as to matters
occurring prior to the date of substitution. At least three Business Days prior to any Extension
Date, (A) each such Assuming Lender, if any, shall have delivered to the Borrower and the Agent an
agreement (an “Assumption Agreement”) in form and substance satisfactory to the Borrower
and the Agent, duly executed by such Assuming Lender, such Non-Consenting Lender, the Borrower and
the Agent, (B) any such Consenting Lender shall have delivered confirmation in writing satisfactory
to the Borrower and the Agent as to the increase in the amount of its Revolving Credit Commitment
and (C) each Non-Consenting Lender being replaced pursuant to this Section 2.18 shall have
delivered to the Agent any Note or Notes held by such Non-Consenting Lender. Upon the payment or
prepayment of all amounts referred to in clauses (i), (ii) and (iii) of the immediately preceding
sentence, each such Consenting Lender or Assuming Lender, as of the applicable Extension Date, will
be substituted for such Non-Consenting Lender under this Agreement and shall be a Lender for all
purposes of this Agreement, without any further acknowledgment by or the consent of the other
Lenders, and the obligations of each such Non-Consenting Lender hereunder shall, by the provisions hereof, be
released and discharged.

24

 

          (d) If (after giving effect to any assignments or assumptions pursuant to subsection (c) of
this Section 2.18) Lenders having Revolving Credit Commitments equal to at least 50% of the
Revolving Credit Commitments in effect immediately prior to the applicable Extension Date consent
in writing to a requested extension (whether by execution or delivery of an Assumption Agreement or
otherwise) not later than one Business Day prior to such Extension Date, the Agent shall so notify
the Borrower, and, subject to the satisfaction of the applicable conditions in Section 3.02, the
Termination Date then in effect shall be extended for the additional one-year period as described
in subsection (a) of this Section 2.18, and all references in this Agreement, and in the Notes, if
any, to the “Termination Date” shall, with respect to each Consenting Lender and each
Assuming Lender for such Extension Date, refer to the Termination Date as so extended. Promptly
following an Extension Date, the Agent shall notify the Lenders (including, without limitation,
each Assuming Lender) of the extension of the scheduled Termination Date in effect immediately
prior thereto and shall thereupon record in the Register the relevant information with respect to
each such Consenting Lender and each such Assuming Lender.

          SECTION 2.19. Increase in the Aggregate Commitments. (a) The Borrower may, at any
time but in any event not more than (x) three times in the first year after the Effective Date and
(y) once in any following 12 month period prior to the Termination Date, by notice to the Agent,
request that the aggregate amount of the Commitment be increased by an amount of $25,000,000 or an
integral multiple thereof, or such lesser amount as the Agent may agree, or in the case of an
increase within the first six months after the Effective Date, by an amount of $5,000,000 or an
integral multiple of $500,000 in excess thereof (each a “Commitment Increase”), to be
effective as of a date that is at least 90 days prior to the scheduled Termination Date then in
effect (the “Increase Date”) as specified in the related notice to the Agent;
provided, however that (i) in no event shall the aggregate amount of the
Commitments at any time exceed $1,500,000,000 and (ii) on the date of any request by the Borrower
for a Commitment Increase and on the related Increase Date the applicable conditions set forth in
Section 3.02 shall be satisfied.

          (b) The Agent shall promptly notify the Lenders of a request by the Borrower for a Commitment
Increase, which notice shall include (i) the proposed amount of such requested Commitment Increase,
(ii) the proposed Increase Date and (iii) the date by which Lenders wishing to participate in the
Commitment Increase must commit to an increase in the amount of their respective Commitments (the
“Commitment Date”). Each Lender that is willing to participate in such requested
Commitment Increase (each an “Increasing Lender”) shall, in its sole discretion, give
written notice to the Agent on or prior to the Commitment Date of the amount by which it is willing
to increase its Commitment. If the Lenders notify the Agent that they are willing to increase the
amount of their respective Commitments by an aggregate amount that exceeds the amount of the
requested Commitment Increase, the requested Commitment Increase shall be allocated among the
Lenders willing to participate therein in such amounts as are agreed between the Borrower and the
Agent. Notwithstanding the foregoing, for each Commitment Increase occurring after the Effective
Date pursuant to clause (x) of Section 2.19(a), the Borrower may identify those Persons to which
such Commitment Increase will be available and (x) notwithstanding anything to the contrary in the
definition of Eligible Assignee, the Agent shall have no right to approve whether such Persons
become Assuming Lenders in accordance with clause (c) below and (y) notwithstanding anything to the
contrary in this clause (b), the Lenders shall not be able to participate in any such Commitment
Increase available to Persons proposed by the Borrower.

          (c) Promptly following each Commitment Date, the Agent shall notify the Borrower as to the
amount, if any, by which the Lenders are willing to participate in the requested Commitment
Increase. If the aggregate amount by which the Lenders are willing to participate in any requested
Commitment Increase on any such Commitment Date is less than the requested Commitment Increase,
then the Borrower may extend offers to one or more Eligible Assignees as Assuming Lenders to
participate in any portion of the requested Commitment Increase that has not been committed to by
the Lenders as of the applicable Commitment Date; provided, however, that the
Commitment of each such Eligible Assignee shall be in an amount of $5,000,000 or an integral
multiple of $500,000 in excess thereof.

          (d) On each Increase Date, each Assuming Lender shall become a Lender party to this Agreement
as of such Increase Date and the Commitment of each Increasing Lender for such requested
Commitment Increase shall be so increased by such amount (or by the amount allocated to such
Lender pursuant to the last sentence of Section 2.19(b)) as of such Increase Date;
provided, however, that the Agent shall have received on or before such Increase
Date the following, each dated such date:

25

 

     (i) (A) certified copies of resolutions of the Board of Directors of the Borrower or
the Executive Committee of such Board approving the Commitment Increase and (B) an opinion
of counsel for the Borrower (which may be in-house counsel), in substantially the form of
Exhibit D hereto;

     (ii) an Assumption Agreement from each Assuming Lender, if any, duly executed by such
Assuming Lender, the Agent and the Borrower; and

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

On each Increase Date, upon fulfillment of the conditions set forth in the immediately preceding
sentence of this Section 2.19(d), the Agent shall notify the Lenders (including, without
limitation, each Assuming Lender) and the Borrower, on or before 1:00 P.M. (New York City time), by
telecopier, of the occurrence of the Commitment Increase to be effected on such Increase Date and
shall record in the Register the relevant information with respect to each Increasing Lender and
each Assuming Lender on such date.

          (e) On the Increase Date, if any Advances are then outstanding, the Borrower shall borrow from
all or certain of the Lenders and/or (subject to compliance by the Borrower with Section 8.04(c))
prepay Advances of all or certain of the Lenders such that, after giving effect thereto, the
Advances (including, without limitation, the Types, currencies and Interest Periods thereof) shall
be held by the Lenders (including for such purposes the Increasing Lenders and the Assuming
Lenders) ratably in accordance with their respective Commitments. On and after each Increase Date,
the Pro Rata Share of each Lender’s participation in Letters of Credit and Advances from draws
under Letters of Credit shall be calculated after giving effect to each such Commitment Increase.

ARTICLE III

CONDITIONS TO EFFECTIVENESS AND LENDING

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

     (a) There shall have occurred no Material Adverse Change since March 31, 2007, except
as disclosed in public filings made with the Securities and Exchange Commission prior to
August 8, 2007 or delivered to the Lenders prior to the date hereof.

     (b) There shall exist no action, suit, investigation, litigation or proceeding
affecting the Borrower or any of its Subsidiaries pending or threatened before any court,
governmental agency or arbitrator that (i) is reasonably likely to have a Material Adverse
Effect other than the matters described in public filings made with the Securities and
Exchange Commission prior to August 8, 2007 or delivered to the Lenders prior to the date
hereof (the “Disclosed Litigation”) or (ii) purports to affect the legality,
validity or enforceability of this Agreement or any Note or the consummation of the
transactions contemplated hereby, and there shall have been no material adverse change in
the status, or financial effect on the Borrower or any of its Subsidiaries, of the Disclosed
Litigation from that described in public filings with the Securities and Exchange Commission
prior to August 8, 2007 or delivered to the Lenders prior to the date hereof.

     (c) Nothing shall have come to the attention of the Lenders during the course of their
due diligence investigation to lead them to believe that the information provided to the
Lenders prior to the Effective Date was or has become misleading, incorrect or incomplete in any material
respect; without limiting the generality of the foregoing, the Lenders shall have been given
such access to the management, records, books of account, contracts and properties of the
Borrower and its Subsidiaries as they shall have reasonably requested.

26

 

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

     (e) The Borrower shall have notified each Lender and the Agent in writing as to the
proposed Effective Date.

     (f) The Borrower shall have paid all accrued fees and expenses of the Agent and the
Lenders (including the accrued fees and expenses of counsel to the Agent) to the extent, in
the case of up-front and arrangement fees, invoiced on or before the Effective Date and, in
the case of all other fees and expenses, invoiced at least two Business Days before the
Effective Date.

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

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

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

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

     (i) The Notes to the order of the Lenders to the extent requested by any Lender
pursuant to Section 2.16.

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

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

     (iv) A favorable opinion of Jay H. Diamond, Esq., Vice President and Associate
General Counsel of the Borrower, substantially in the form of Exhibit D hereto and
such other opinions or as to such other matters as the Agent or any Lender through
the Agent may reasonably request.

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

     (i) The Borrower shall have terminated the commitments of the lenders and repaid or
prepaid all of the obligations under, the Credit Agreement dated as of December 2, 2004
among the Borrower, the lenders parties thereto and Citibank, N.A., as paying agent, and each of
the Lenders that is a party to such credit facility hereby waives, upon execution of this
Agreement, any notice required by said Credit Agreement relating to the termination of
commitments thereunder.

27

 

          SECTION 3.02. Conditions Precedent to Each Borrowing, Letter of Credit Issuance,
Extension Date and Increase Date. The obligation of each Lender to make an Advance on the
occasion of each Borrowing, the obligation of each Issuing Bank to issue a Letter of Credit, each
extension of Revolving Credit Commitments pursuant to Section 2.18 and each increase of the
Commitments pursuant to Section 2.19 shall be subject to the conditions precedent that the
Effective Date shall have occurred and on the date of such Borrowing, issuance, the applicable
Extension Date or the applicable Increase Date the following statements shall be true (and each of
the giving of the applicable Notice of Borrowing, Notice of Issuance, request for Commitment
Extension, request for Commitment Increase and the acceptance by the Borrower of the proceeds of
such Borrowing or Letter of Credit shall constitute a representation and warranty by the Borrower
that on the date of such Borrowing, such issuance, such Extension Date or such Increase Date such
statements are true):

     (a) the representations and warranties contained in Section 4.01 (except the
representation set forth in the last sentence of subsection (e) thereof) are correct on and
as of such date, before and after giving effect to such Borrowing, such issuance, such
Extension Date or such Increase Date and to the application of the proceeds therefrom, as
though made on and as of such date, and

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

          SECTION 3.03. Determinations Under Section 3.01. For purposes of determining
compliance with the conditions specified in Section 3.01, each Lender shall be deemed to have
consented to, approved or accepted or to be satisfied with each document or other matter required
thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an
officer of the Agent responsible for the transactions contemplated by this Agreement shall have
received notice from such Lender prior to the date that the Borrower, by notice to the Lenders,
designates as the proposed Effective Date, specifying its objection thereto. The Agent shall
promptly notify the Lenders of the occurrence of the Effective Date.

ARTICLE IV

REPRESENTATIONS AND WARRANTIES

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

     (a) The Borrower is a corporation duly organized, validly existing and in good standing
under the laws of the State of Delaware, and is properly qualified to do business and in
good standing in, and where necessary to maintain its rights and privileges has complied
with the fictitious name statute of, every jurisdiction where the failure to maintain such
qualification, good standing or compliance could reasonably be expected to have a Material
Adverse Effect.

     (b) The execution, delivery and performance by the Borrower of this Agreement and the
Notes to be delivered by it, and the consummation of the transactions contemplated hereby,
are within the Borrower’s corporate powers, have been duly authorized by all necessary
corporate action, and do not contravene (i) the Borrower’s charter or by-laws or (ii) law or
any material agreement binding on the Borrower or (iii) to the best of the Borrower’s
knowledge, any other agreement binding on the Borrower which, as to any agreement referred
to in this clause (iii), could be reasonably expected to have a Material Adverse Effect.

     (c) No authorization or approval or other action by, and no notice to or filing with,
(i) any governmental authority or regulatory body or (ii) any other third party under any
material agreement binding on the Borrower or (iii) to the best of the Borrower’s knowledge,
under any other agreement binding on the Borrower, is required for the due execution,
delivery and performance by the Borrower of this Agreement or the Notes to be delivered by
it, other than those authorizations or approvals or actions

28

 

that have been obtained or
notices or filings that have been made or, in the case of any third party under an agreement
described in clause (iii), except to the extent that failure to obtain such authorization or
approval or action, or make such notice or filing could not reasonably be expected to have a
Material Adverse Effect.

     (d) This Agreement has been, and each of the Notes to be delivered by it when delivered
hereunder will have been, duly executed and delivered by the Borrower. This Agreement is,
and each of the Notes when delivered hereunder will be, the legal, valid and binding
obligation of the Borrower enforceable against the Borrower in accordance with their
respective terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium
or other laws affecting creditors’ rights generally and subject to general principles of
equity, regardless of whether considered in a proceeding in equity or at law.

     (e) The Consolidated balance sheet of the Borrower and its Subsidiaries as at March 31,
2007, and the related Consolidated statements of income and cash flows of the Borrower and
its Subsidiaries for the fiscal year then ended, accompanied by an opinion of KPMG LLP,
independent public accountants, and the Consolidated balance sheet of the Borrower and its
Subsidiaries as at June 30, 2007, and the related Consolidated statements of income and cash
flows of the Borrower and its Subsidiaries for the three months then ended, duly certified
by the chief financial officer or treasurer of the Borrower, copies of which have been
furnished to each Lender, fairly present in all material respects, subject, in the case of
said balance sheet as at June 30, 2007, and said statements of income and cash flows for the
three months then ended, to year-end audit adjustments and the absence of footnotes, the
Consolidated financial condition of the Borrower and its Subsidiaries as at such dates and
the Consolidated results of the operations of the Borrower and its Subsidiaries for the
periods ended on such dates, all in accordance with generally accepted accounting principles
consistently applied. Since March 31, 2007, there has been no Material Adverse Change,
except as disclosed in public filings made with the Securities and Exchange Commission prior
to August 8, 2007 or delivered to the Lenders prior to the date hereof.

     (f) There is no pending or, to the knowledge of the Borrower, threatened action, suit,
investigation, litigation or proceeding, including, without limitation, any Environmental
Action, against the Borrower or any of its Subsidiaries before any court, governmental
agency or arbitrator that (i) is reasonably likely to have a Material Adverse Effect (other
than the Disclosed Litigation) or (ii) purports to affect the legality, validity or
enforceability of this Agreement or any Note or of the consummation of the transactions
contemplated hereby, and there has been no material adverse change in the status, or
financial effect on the Borrower or any of its Subsidiaries, of the Disclosed Litigation
from that described in public filings with the Securities and Exchange Commission prior to
August 8, 2007 or delivered to the Lenders prior to the date hereof.

     (g) The Borrower is not engaged in the business of extending credit for the purpose of
purchasing or carrying margin stock (within the meaning of Regulation U issued by the Board
of Governors of the Federal Reserve System), and no proceeds of any Advance will be used in
a manner that would violate, or result in a violation of, such Regulation U.

     (h) The Borrower is not an “investment company”, or a company “controlled” by an
“investment company”, within the meaning of the Investment Company Act of 1940, as amended.

     (i) The Borrower is, individually and together with its Subsidiaries, Solvent.
“Solvent” means, with respect to any Person on a particular date, that on such date (i) the
fair value of the property of such Person is greater than the total amount of liabilities,
including, without limitation, contingent liabilities, of such Person, (ii) the present fair
salable value of the assets of such Person is not less than the amount that will be required
to pay the probable liability of such Person on its debts as they become
absolute and matured, (iii) such Person does not intend to, and does not believe that
it will, incur debts or liabilities beyond such Person’s ability to pay such debts and
liabilities as they mature and (iv) such Person is not engaged in business or a transaction,
and is not about to engage in business or a transaction, for which such Person’s property
would constitute an unreasonably small capital. The amount of contingent liabilities at any
time shall be computed as the amount that, in the light of all the facts and circumstances

29

 

existing at such time, represents the amount that can reasonably be expected to become an
actual or matured liability.

     (j) No ERISA Event has occurred or is reasonably expected to occur with respect to any
Plan.

     (k) (i) As of the date of this Agreement, the funded current liability percentage, as
defined in Section 302(d)(8) of ERISA, of each Plan exceeds 90% and there has been no
material adverse change in the funding status of any such Plan since such date; and (ii) as
of the last annual actuarial valuation date, the funded current liability percentage, as
defined in Section 302(d)(8) of ERISA, of each Plan with an unfunded current liability, as
defined in Section 302(d)(8) of ERISA, in excess of $25,000,000 exceeds 90% and there has
been no material adverse change in the funding status of any such Plan since such date.

     (l) Neither the Borrower nor any ERISA Affiliate has incurred or is reasonably expected
to incur any Withdrawal Liability to any Multiemployer Plan.

     (m) Neither the Borrower nor any ERISA Affiliate has been notified by the sponsor of a
Multiemployer Plan that such Multiemployer Plan is in reorganization or has been terminated,
within the meaning of Title IV of ERISA, and no such Multiemployer Plan is reasonably
expected to be in reorganization or to be terminated, within the meaning of Title IV of
ERISA.

     (n) The Borrower and each of its Subsidiaries has good and marketable title to its
properties and assets (other than those properties and assets the loss of which would not
reasonably be expected to have a Material Adverse Effect) free and clear of all Liens or
rights of others, except for Liens permitted by Section 5.02(a).

     (o) No information, schedule, exhibit or report furnished by the Borrower to the Agent
or to any Lender in connection with this Agreement, or in connection with any Advance,
contained any untrue statement of a material fact or omitted a material fact necessary to
make the statement made not misleading in light of all the circumstances existing at the
date the statement was made; provided that, with respect to projected financial
information, the Borrower represents only that such information was prepared in good faith
based upon assumptions believed to be reasonable at the time.

          SECTION 4.02. Representation and Warranty of the Lenders. Each of the Lenders
represents to the Agent and each of the other Lenders that it in good faith is not relying upon any
“margin stock” (as defined in Regulation U issued by the Board of Governors of the Federal Reserve
System) as collateral in the extension or maintenance of the credit provided for in this Agreement.

ARTICLE V

COVENANTS OF THE BORROWER

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

     (a) Compliance with Laws, Etc. Comply, and cause each of its Subsidiaries to
comply, in all material respects, with all applicable laws, rules, regulations and orders,
such compliance to include, without limitation, compliance with ERISA and Environmental Laws, except in such
instances in which such law, rule, regulation or order is being contested in good faith by
appropriate proceedings diligently conducted.

     (b) Payment of Taxes, Etc. Pay and discharge, and cause each of its Material
Subsidiaries to pay and discharge, before the same shall become delinquent, all material
taxes, assessments and governmental charges or levies imposed upon it or upon its property;
provided, however, that neither the

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Borrower nor any of its Material
Subsidiaries shall be required to pay or discharge any such tax, assessment, charge or claim
that is being contested in good faith and by proper proceedings and as to which appropriate
reserves are being maintained.

     (c) Maintenance of Insurance. Maintain, and cause each of its Material
Subsidiaries to maintain, insurance with responsible and reputable insurance companies or
associations in such amounts and covering such risks as is usually carried by companies
engaged in similar businesses and owning similar properties in the same general areas in
which the Borrower or such Material Subsidiary operates; provided, however,
that the Borrower and its Material Subsidiaries may self-insure to the same extent as other
companies engaged in similar businesses and owning similar properties in the same general
areas in which the Borrower or such Material Subsidiary operates and to the extent
consistent with prudent business practice.

     (d) Preservation of Corporate Existence, Etc. Preserve and maintain, and cause
each of its Material Subsidiaries to preserve and maintain, its corporate existence, rights
(charter and statutory) and franchises; provided, however, that the Borrower
and its Material Subsidiaries may consummate any merger or consolidation permitted under
Section 5.02(b) and provided further that neither the Borrower nor any of
its Material Subsidiaries shall be required to preserve any right or franchise or, in the
case of any Material Subsidiary, corporate existence, if the Board of Directors of the
Borrower or such Material Subsidiary shall determine that the preservation thereof is no
longer desirable in the conduct of the business of the Borrower or such Material Subsidiary,
as the case may be, and that the loss thereof is not disadvantageous in any material respect
to the Borrower, such Material Subsidiary or the Lenders.

     (e) Visitation Rights. At any reasonable time, from time to time during normal
business hours, and, in the absence of an Event of Default, no more than once a year at the
Borrower’s expense, upon reasonable advance notice, permit the Agent or any of the Lenders
or any agents or representatives thereof, to examine and make copies of and abstracts from
the records and books of account of, and visit the properties of, the Borrower and any of
its Subsidiaries, and to discuss the affairs, finances and accounts of the Borrower and any
of its Material Subsidiaries with any of their officers or directors and with their
independent certified public accountants; provided, however, that when an
Event of Default exists the Agent or any Lender (or any of their respective agents or
representatives) may do any of the foregoing at any time during normal business hours and as
often as may be desired.

     (f) Keeping of Books. Keep, and cause each of its Subsidiaries to keep, proper
books of record and account, in which full and correct entries shall be made of all
financial transactions and the assets and business of the Borrower and each such Subsidiary
in accordance with generally accepted accounting principles in effect from time to time.

     (g) Maintenance of Properties, Etc. Maintain and preserve, and cause each of
its Material Subsidiaries to maintain and preserve, all of its material properties that are
used or useful in the conduct of its business in good working order and condition, ordinary
wear and tear excepted.

     (h) Transactions with Affiliates. Conduct, and cause each of its Subsidiaries
to conduct, all transactions otherwise permitted under this Agreement with any of their
Affiliates on terms that are fair and reasonable and substantially no less favorable to the
Borrower or such Subsidiary than it would obtain in a comparable arm’s-length transaction
with a Person not an Affiliate; provided that this covenant shall not limit (i)
transactions with officers or directors of the Borrower to the extent that such transactions
are
consistent with past practice, (ii) transactions among Subsidiaries of the Borrower or
(iii) transactions between the Borrower and any special purpose entity established in
connection with a securitization permitted under Section 5.02(a)(viii).

     (i) Reporting Requirements. Furnish to the Lenders:

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          (i) as soon as available and in any event within 45 days after the end of each
of the first three quarters of each fiscal year of the Borrower, the Consolidated
balance sheet of the Borrower and its Subsidiaries as of the end of such quarter and
Consolidated statements of income and cash flows of the Borrower and its
Subsidiaries for the period commencing at the end of the previous fiscal year and
ending with the end of such quarter, duly certified (subject to year-end audit
adjustments) by the chief financial officer or treasurer of the Borrower as having
been prepared in accordance with generally accepted accounting principles and
accompanied by a certificate of the chief financial officer or treasurer of the
Borrower as to compliance with the terms of this Agreement and setting forth in
reasonable detail the calculations necessary to demonstrate compliance with Section
5.03, provided that in the event of any change in generally accepted
accounting principles used in the preparation of such financial statements, the
Borrower shall also provide, if necessary for the determination of compliance with
Section 5.03, a statement of reconciliation conforming such financial statements to
GAAP;

          (ii) as soon as available and in any event within 90 days after the end of each
fiscal year of the Borrower, a copy of the annual audit report for such year for the
Borrower and its Subsidiaries, containing the Consolidated balance sheet of the
Borrower and its Subsidiaries as of the end of such fiscal year and Consolidated
statements of income and cash flows of the Borrower and its Subsidiaries for such
fiscal year, in each case accompanied by an opinion reasonably acceptable to the
Required Lenders by KPMG LLP or other independent public accountants reasonably
acceptable to the Required Lenders and a certificate of the chief financial officer
or treasurer of the Borrower as to compliance with the terms of this Agreement and
setting forth in reasonable detail the calculations necessary to demonstrate
compliance with Section 5.03, provided that in the event of any change in
generally accepted accounting principles used in the preparation of such financial
statements, the Borrower shall also provide, if necessary for the determination of
compliance with Section 5.03, a statement of reconciliation conforming such
financial statements to GAAP;

          (iii) as soon as possible and in any event within five Business Days after the
occurrence of each Default continuing on the date of such statement, a statement of
the chief financial officer or treasurer of the Borrower setting forth details of
such Default and the action that the Borrower has taken and proposes to take with
respect thereto;

          (iv) promptly after the sending or filing thereof, copies of all quarterly and
annual reports that the Borrower sends to its public securityholders generally, and
copies of all reports on Form 8-K and registration statements for the public
offering (other than pursuant to employee plans) of securities that the Borrower or
any Subsidiary files with the Securities and Exchange Commission or any national
securities exchange;

          (v) promptly after the commencement thereof, notice of all actions and
proceedings before any court, governmental agency or arbitrator of the type
described in Section 4.01(f); and

          (vi) such other information respecting the Borrower or any of its Subsidiaries
or any Plan or Multiemployer Plan as any Lender through the Agent may from time to
time reasonably request.

          Documents required to be delivered pursuant to Section 5.01(i)(iv) may
be delivered electronically and if so delivered, shall be deemed to have been
delivered on the date (i) on which
the Borrower posts such documents, or provides a link thereto on the Borrower’s
website on the Internet at the following website: http://investor.ca.com/ or
such other website designated by the Borrower to the Agent and the Lenders in a
written notice; or (ii) on which such documents are posted on the Borrower’s behalf
on an Internet or intranet website, if any, to which each Lender and the Agent have
access (whether a commercial, third-party website or whether sponsored by the
Agent).

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          SECTION 5.02. Negative Covenants. So long as any Advance shall remain unpaid or any
Lender shall have any Commitment hereunder or any Letter of Credit shall be outstanding, the
Borrower will not:

     (a) Liens, Etc. Create or suffer to exist, or permit any of its Subsidiaries
to create or suffer to exist, any Lien on or with respect to any of its properties, whether
now owned or hereafter acquired, or assign, or permit any of its Subsidiaries to assign, any
right to receive income, other than:

     (i) Permitted Liens,

     (ii) purchase money Liens upon or in any real property (including, without
limitation, buildings and buildouts thereon) or equipment constructed, acquired or
held by the Borrower or any Subsidiary in the ordinary course of business to secure
the purchase price or cost of construction of such property or equipment or to
secure Debt incurred solely for the purpose of financing the acquisition or
construction of such property or equipment, or Liens existing on such property or
equipment at the time of its acquisition (other than any such Liens created in
contemplation of such acquisition that were not incurred to finance the acquisition
of such property) or extensions, renewals or replacements of any of the foregoing
for the same or a lesser amount, provided, however, that no such
Lien shall extend to or cover any properties of any character other than the real
property or equipment being acquired or constructed, and no such extension, renewal
or replacement shall extend to or cover any properties not theretofore subject to
the Lien being extended, renewed or replaced,

     (iii) the Liens existing on the Effective Date and described on Schedule
5.02(a) hereto,

     (iv) Liens on property of a Person existing at the time such Person is merged
into or consolidated with the Borrower or any Subsidiary of the Borrower or becomes
a Subsidiary of the Borrower; provided that such Liens were not created in
contemplation of such merger, consolidation or acquisition and do not extend to any
assets other than those of the Person so merged into or consolidated with the
Borrower or such Subsidiary or acquired by the Borrower or such Subsidiary,

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

     (vi) Liens in favor of the United States of America or any other governmental
agencies or entities for amounts paid to the Borrower or any of its Subsidiaries as
progress payments under government contracts entered into by it,

     (vii) Liens on real property,

     (viii) Liens on accounts receivable (including, without limitation, license
receivables), or sales, conveyances, transfers or other dispositions of accounts
receivables (including, without limitation, license receivables) to secure Debt for
Borrowed Money in connection with or to the
extent otherwise related to securitization programs not in excess of
$750,000,000 in the aggregate for all such securitization programs of the Borrower
and its Subsidiaries,

     (ix) other Liens securing Debt or other obligations or claims in an aggregate
principal amount not to exceed $150,000,000 at any time outstanding, and

     (x) the replacement, extension or renewal of any Lien permitted by clause
(iii), (iv) or (vii) above upon or in the same property or assets theretofore
subject thereto or the replacement, extension or renewal (without increase in the
amount or change in any direct or contingent obligor

33

 

other than changes among
Subsidiaries of the Borrower and changes from the Borrower to any of its
Subsidiaries) of the Debt secured thereby.

     (b) Mergers, Etc. Merge or consolidate with or into, or convey, transfer,
lease or otherwise 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, any
Person, or permit any of its Subsidiaries to do so, except that (i) any Subsidiary of the
Borrower may merge or consolidate with or into, or dispose of assets to, any other
Subsidiary of the Borrower, (ii) any Subsidiary of the Borrower may merge or consolidate
with or into or dispose of assets to the Borrower, (iii) any Subsidiary of the Borrower
formed for the purpose of acquiring any other Person may merge or consolidate with or into
such other Person and (iv) any Subsidiary of the Borrower may merge or consolidate with or
into, or dispose of assets to, any other Person, provided, in each case, that no
Default shall have occurred and be continuing at the time of such proposed transaction or
would result therefrom.

     (c) Accounting Changes. Make, or permit any of its Subsidiaries to make, any
change in accounting policies or reporting practices, except as required or permitted by
generally accepted accounting principles.

     (d) Change in Nature of Business. Make or cause to be made any material change
in the nature of the business carried on by the Borrower and its Subsidiaries taken as a
whole at the date hereof.

     (e) Speculative Transactions. Enter into, or permit any Subsidiary to enter
into, any Hedge Agreement that (i) is speculative and does not hedge or mitigate business
risks of the Borrower or its Subsidiaries consistent with prudent business practice or (ii)
involves commodity options or take-or-pay contracts.

          SECTION 5.03. Financial Covenants. So long as any Advance shall remain unpaid or any
Lender shall have any Commitment hereunder or any Letter of Credit shall be outstanding, the
Borrower will:

     (a) Leverage Ratio. Maintain, as of any date, a ratio of Consolidated Debt for
Borrowed Money of the Borrower and its Subsidiaries as of such date to Consolidated Cash
Flow of the Borrower and its Subsidiaries for the period of four fiscal quarters ended on or
immediately prior to such date of not greater than 4.00 to 1.00.

     (b) Interest Coverage Ratio. Maintain, as of any date, a ratio of Consolidated
Cash Flow of the Borrower and its Subsidiaries for the period of four fiscal quarters ended
on or immediately prior to such date to the sum of interest payable on, and amortization of
debt discount in respect of, all Consolidated Debt for Borrowed Money of the Borrower and
its Subsidiaries during such period by the Borrower and its Subsidiaries of not less than
5.00 to 1.00.

ARTICLE VI

EVENTS OF DEFAULT

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

     (a) The Borrower shall fail to pay any principal of any Advance when the same becomes
due and payable; or the Borrower shall fail to pay any interest on any Advance or make any
other payment of fees or other amounts payable under this Agreement or any Note within three
Business Days after the same becomes due and payable; or

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     (b) Any representation or warranty made by the Borrower herein or by the Borrower (or
any of its officers) in connection with this Agreement shall prove to have been incorrect in
any material respect when made or deemed made; or

     (c) (i) The Borrower shall fail to perform or observe any term, covenant or agreement
contained in Section 5.01(d) (as to the corporate existence of the Borrower), (e), (h) or
(i)(iii), 5.02 or 5.03, or (ii) the Borrower shall fail to perform or observe any other
term, covenant or agreement contained in this Agreement on its part to be performed or
observed if such failure shall remain unremedied for 30 days after written notice thereof
shall have been given to the Borrower by the Agent or any Lender; or

     (d) The Borrower or any of its Subsidiaries shall fail to pay any principal of or
premium or interest on any Debt that is outstanding in a principal or notional amount of at
least $50,000,000 in the aggregate (but excluding Debt outstanding hereunder) of the
Borrower or such Subsidiary (as the case may be), when the same becomes due and payable
(whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and
such failure shall continue after the applicable grace period, if any, specified in the
agreement or instrument relating to such Debt; or any other event shall occur or condition
shall exist under any agreement or instrument relating to any such Debt and shall continue
after the applicable grace period, if any, specified in such agreement or instrument, if the
effect of such event or condition is to accelerate, or to permit the acceleration of, the
maturity of such Debt; or any such Debt shall be declared to be due and payable, or required
to be prepaid or redeemed (other than by a regularly scheduled required prepayment or
redemption), purchased or defeased, or an offer to prepay, redeem, purchase or defease such
Debt shall be required to be made, in each case prior to the stated maturity thereof;
(provided that, with respect to the Borrower’s 5.625% Senior Notes due 2014, any
event of default alleged in the litigation between The Bank of New York, as trustee, as
plaintiff, vs. CA, Inc., f/k/a Computer Associates International, Inc., as defendant,
pending on the date hereof in the Supreme Court of the State of New York, County of New York
(Index No. 07/601798), shall not be an Event of Default unless and until a final
non-appealable judgment in such litigation compelling acceleration of such Notes is
entered).or

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

     (f) Judgments or orders for the payment of money in excess of $50,000,000 in the
aggregate shall be rendered against the Borrower or any of its Subsidiaries and such
judgment or order shall not have been vacated, discharged, stayed or bonded pending appeal
within 30 days from the entry thereof; or

     (g) (i) Any Person or “group” (within the meaning of Section 13(d) or 14(d) of the
Securities Exchange Act of 1934, as amended) shall have acquired beneficial ownership of 20%
or more of any outstanding class of capital stock of the Borrower having ordinary voting
power in the election of directors of the Borrower (other than any Person or “group” which
owns such amount of capital stock on the date hereof); or (ii) during any period of up to 12
consecutive months, commencing before or after the date of this Agreement, individuals who
at the beginning of such 12-month period were directors of the Borrower shall cease for any
reason to constitute a majority of the board of directors of the Borrower (except to the

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extent that individuals who at the beginning of such 12-month period were replaced by
individuals (x) elected by a majority of the remaining members of the board of directors of
the Borrower or (y) nominated for election by a majority of the remaining members of the
board of directors of the Borrower and thereafter elected as directors by the shareholders
of the Borrower); or

     (h) The Borrower or any of its ERISA Affiliates shall incur, or shall be reasonably
likely to incur liability in excess of $50,000,000 in the aggregate as a result of one or
more of the following: (i) the occurrence of any ERISA Event; (ii) the partial or complete
withdrawal of the Borrower or any of its ERISA Affiliates from a Multiemployer Plan; or
(iii) the reorganization or termination of a Multiemployer Plan;

then, and in any such event, the Agent (i) shall at the request, or may with the consent, of the
Required Lenders, by notice to the Borrower, declare the obligation of each Lender to make Advances
(other than Advances by an Issuing Bank or a Lender pursuant to Section 2.03(c)) and of the Issuing
Banks to issue Letters of Credit to be terminated, whereupon the same shall forthwith terminate,
and (ii) shall at the request, or may with the consent, of the Required Lenders, by notice to the
Borrower, declare the Advances, all interest thereon and all other amounts payable under this
Agreement to be forthwith due and payable, whereupon the Advances, all such interest and all such
amounts shall become and be forthwith due and payable, without presentment, demand, protest or
further notice of any kind, all of which are hereby expressly waived by the Borrower;
provided, however, that in the event of an actual or deemed (pursuant to Section
301 of the Federal Bankruptcy Code or any successor thereto) entry of an order for relief with
respect to the Borrower under the Federal Bankruptcy Code, (A) the obligation of each Lender to
make Advances (other than Advances by an Issuing Bank or a Lender pursuant to Section 2.03(c)) and
of the Issuing Banks to issue Letters of Credit shall automatically be terminated and (B) the
Advances, all such interest and all such amounts shall automatically become and be due and payable,
without presentment, demand, protest or any notice of any kind, all of which are hereby expressly
waived by the Borrower.

          SECTION 6.02. Actions in Respect of the Letters of Credit upon Default. If any Event
of Default shall have occurred and be continuing, the Agent may with the consent, or shall at the
request, of the Required Lenders, irrespective of whether it is taking any of the actions described
in Section 6.01 or otherwise, make demand upon the Borrower to, and forthwith upon such demand the
Borrower will, (a) pay to the Agent on behalf of the Lenders in same day funds at the Agent’s
office designated in such demand, for deposit in the L/C Cash Collateral Account, an amount equal
to the aggregate Available Amount of all Letters of Credit then outstanding or (b) make such other
arrangements in respect of the outstanding Letters of Credit as shall be acceptable to the Required
Lenders; provided, however, that in the event of an actual or deemed (pursuant to
Section 301 of the Federal Bankruptcy Code or any successor thereto) entry of an order for relief
with respect to the Borrower under the Federal Bankruptcy Code, an amount equal to the aggregate
Available Amount of all outstanding Letters of Credit shall be immediately due and payable to the
Agent for the account of the Lenders without notice to or demand upon the Borrower, which are
expressly waived by the Borrower, to be held in the L/C Cash Collateral Account. If at any time
the Agent determines that any funds held in the L/C Cash Collateral Account are subject to any
right or claim of any Person other than the Agent and the Lenders or that the total amount of such
funds is less than the aggregate Available Amount of all Letters of Credit, the Borrower will,
forthwith upon demand by the Agent, pay to the Agent, as additional funds to be deposited and held
in the L/C Cash Collateral Account, an amount equal to the excess of (a) such aggregate Available
Amount over (b) the total amount of funds, if any, then held in the L/C Cash Collateral Account
that the Agent determines to be free and clear of any such right and claim. Upon the drawing of
any Letter of Credit, to the extent funds are on deposit in the L/C Cash Collateral Account, such
funds shall be applied to reimburse the Issuing Banks to the extent permitted by applicable law.
After all such Letters of Credit shall have expired or been fully
drawn upon and all other obligations of the Borrower hereunder and under the Notes shall have
been paid in full, the balance, if any, in such LC Cash Collateral Account shall be returned to the
Borrower.

ARTICLE VII

THE AGENT

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          SECTION 7.01. Authorization and Action. Each Lender (in its capacities as a Lender
and Issuing Bank (as applicable)) hereby appoints and authorizes the Agent to take such action as
agent on its behalf and to exercise such powers and discretion under this Agreement as are
delegated to the Agent by the terms hereof, together with such powers and discretion as are
reasonably incidental thereto. As to any matters not expressly provided for by this Agreement
(including, without limitation, enforcement or collection of the Notes), the Agent shall not be
required to exercise any discretion or take any action, but shall be required to act or to refrain
from acting (and shall be fully protected in so acting or refraining from acting) upon the
instructions of the Required Lenders, and such instructions shall be binding upon all Lenders and
all holders of Notes; provided, however, that the Agent shall not be required to
take any action that exposes the Agent to personal liability or that is contrary to this Agreement
or applicable law. The Agent agrees to give to each Lender prompt notice of each notice given to
it by the Borrower pursuant to the terms of this Agreement.

          SECTION 7.02. Agent’s Reliance, Etc. Neither the Agent nor any of its directors,
officers, agents or employees shall be liable for any action taken or omitted to be taken by it or
them under or in connection with this Agreement, except for its or their own gross negligence or
willful misconduct. Without limitation of the generality of the foregoing, the Agent: (i) may
treat the Lender that made any Advance as the holder of the Debt resulting therefrom until the
Agent receives and accepts an Assumption Agreement entered into by an Assuming Lender as provided
in Section 2.18 or 2.19, as the case may be, or an Assignment and Acceptance entered into by such
Lender, as assignor, and an Eligible Assignee, as assignee, as provided in Section 8.07; (ii) may
consult with legal counsel (including counsel for the Borrower), independent public accountants and
other experts selected by it and shall not be liable for any action taken or omitted to be taken in
good faith by it in accordance with the advice of such counsel, accountants or experts; (iii) makes
no warranty or representation to any Lender and shall not be responsible to any Lender for any
statements, warranties or representations (whether written or oral) made in or in connection with
this Agreement; (iv) shall not have any duty to ascertain or to inquire as to the performance,
observance or satisfaction of any of the terms, covenants or conditions of this Agreement on the
part of the Borrower or the existence at any time of any Default or to inspect the property
(including the books and records) of the Borrower; (v) shall not be responsible to any Lender for
the due execution, legality, validity, enforceability, genuineness, sufficiency or value of, or the
perfection or priority of any lien or security interest created or purported to be created under or
in connection with, this Agreement or any other instrument or document furnished pursuant hereto;
and (vi) shall incur no liability under or in respect of this Agreement by acting upon any notice,
consent, certificate or other instrument or writing (which may be by telecopier) believed by it to
be genuine and signed or sent by the proper party or parties.

          SECTION 7.03. Citibank and Affiliates. With respect to its Commitment, the Advances
made by it and the Note issued to it, Citibank shall have the same rights and powers under this
Agreement as any other Lender and may exercise the same as though it were not the Agent; and the
term “Lender” or “Lenders” shall, unless otherwise expressly indicated, include Citibank in its
individual capacity. Citibank and its Affiliates may accept deposits from, lend money to, act as
trustee under indentures of, accept investment banking engagements from and generally engage in any
kind of business with, the Borrower, any of its Subsidiaries and any Person who may do business
with or own securities of the Borrower or any such Subsidiary, all as if Citibank were not the
Agent and without any duty to account therefor to the Lenders. The Agent shall have no duty to
disclose information obtained or received by it or any of its Affiliates relating to the Borrower
or its Subsidiaries to the extent such information was obtained or received in any capacity other
than as Agent.

          SECTION 7.04. Lender Credit Decision. Each Lender acknowledges that it has,
independently and without reliance upon the Agent or any other Lender and based on the financial
statements referred to in Section 4.01 and such other 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 Agent or any other
Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own
credit decisions in taking or not taking action under this Agreement.

          SECTION 7.05. Indemnification. (a) The Lenders agree to indemnify the Agent (to the
extent not reimbursed by the Borrower), ratably according to the respective principal amounts of
the Advances then owed to each of them (or if no Advances are at the time outstanding, ratably
according to the respective amounts of their Revolving Credit Commitments), from and against any
and all liabilities, obligations, losses, damages, penalties,

37

 

actions, judgments, suits, costs,
expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or
asserted against the Agent in any way relating to or arising out of this Agreement or any action
taken or omitted by the Agent under this Agreement (collectively, the “Indemnified Costs”),
provided that no Lender shall be liable for any portion of the Indemnified Costs resulting
from the Agent’s gross negligence or willful misconduct. Without limitation of the foregoing, each
Lender agrees to reimburse the Agent promptly upon demand for its ratable share of any
out-of-pocket expenses (including reasonable counsel fees) incurred by the Agent in connection with
the preparation, execution, delivery, administration, modification, amendment or enforcement
(whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of
rights or responsibilities under, this Agreement, to the extent that the Agent is not reimbursed
for such expenses by the Borrower. In the case of any investigation, litigation or proceeding
giving rise to any Indemnified Costs, this Section 7.05 applies whether any such investigation,
litigation or proceeding is brought by the Agent, any Lender or a third party.

          (b) Each Lender severally agrees to indemnify the Issuing Banks (to the extent not promptly
reimbursed by the Borrower) from and against such Lender’s ratable share (determined as provided
below) of any and all liabilities, obligations, losses, damages, penalties, actions, judgments,
suits, costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on,
incurred by, or asserted against any such Issuing Bank in any way relating to or arising out of
this Agreement or any action taken or omitted by such Issuing Bank hereunder or in connection
herewith; provided, however, that no Lender shall be liable for any portion of such
liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements resulting from such Issuing Bank’s gross negligence or willful misconduct. Without
limitation of the foregoing, each Lender agrees to reimburse any such Issuing Bank promptly upon
demand for its ratable share of any costs and expenses (including, without limitation, fees and
expenses of counsel) payable by the Borrower under Section 8.04, to the extent that such Issuing
Bank is not promptly reimbursed for such costs and expenses by the Borrower.

          (c) For purposes of this Section 7.05, the Lenders’ respective ratable shares of any amount
shall be determined, at any time, according to the sum of (i) the aggregate principal amount of the
Advances outstanding at such time and owing to the respective Lenders, (ii) their respective Pro
Rata Shares of the aggregate Available Amount of all Letters of Credit outstanding at such time and
(iii) their respective Unused Commitments at such time; provided that the aggregate
principal amount of Advances owing to the Issuing Banks as a result of drawings under Letters of
Credit shall be considered to be owed to the Lenders ratably in accordance with their respective
Revolving Credit Commitments. The failure of any Lender to reimburse the Agent or any such Issuing
Bank, as the case may be, promptly upon demand for its ratable share of any amount required to be
paid by the Lenders to such Agent or such Issuing Bank, as the case may be, as provided herein
shall not relieve any other Lender of its obligation hereunder to reimburse such Agent or Issuing
Bank, as the case may be, for its ratable share of such amount, but no Lender shall be responsible
for the failure of any other Lender to reimburse the Agent or any such Issuing Bank, as the case
may be, for such other Lender’s ratable share of such amount. Without prejudice to the survival of
any other agreement of any Lender hereunder, the agreement and obligations of each Lender contained
in this Section 7.05 shall survive the payment in full of principal, interest and all other amounts
payable hereunder and under the Notes.

          SECTION 7.06. Successor Agent. The Agent may resign at any time by giving written
notice thereof to the Lenders and the Borrower and may be removed at any time with or without cause
by the Required Lenders. Upon any such resignation or removal, the Required Lenders shall have the
right to appoint a successor Agent with the prior consent of the Borrower (so long as no Event of
Default shall have occurred and be continuing). If no successor Agent shall have been so appointed
by the Required Lenders, and shall have accepted such appointment, within 30 days after the
retiring Agent’s giving of notice of resignation or the Required Lenders’ removal of the retiring
Agent, then the retiring Agent may, on behalf of the Lenders, appoint a successor Agent, which
shall be a commercial bank organized under the laws of the United States
of America or of any State thereof and having a combined capital and surplus of at least
$500,000,000. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such
successor Agent shall thereupon succeed to and become vested with all the rights, powers,
discretion, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged
from its duties and obligations under this Agreement. After any retiring Agent’s resignation or
removal hereunder as Agent, the provisions of this Article VII shall inure to its benefit as to any
actions taken or omitted to be taken by it while it was Agent under this Agreement.

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          SECTION 7.07. Sub-Agent. The Sub-Agent has been designated under this Agreement to
carry out duties of the Agent. The Sub-Agent shall be subject to each of the obligations in this
Agreement to be performed by the Sub-Agent, and each of the Borrower and the Lenders agrees that
the Sub-Agent shall be entitled to exercise each of the rights and shall be entitled to each of the
benefits of the Agent under this Agreement as relate to the performance of its obligations
hereunder.

          SECTION 7.08. Other Agents. Each Lender hereby acknowledges that no Lender (other
than the Agent) designated as any “Agent” on the signature pages or the cover page hereof has any
liability hereunder other than in its capacity as a Lender.

ARTICLE VIII

MISCELLANEOUS

          SECTION 8.01. Amendments, Etc. (a) Amendments. No amendment or waiver of
any provision of this Agreement or the Notes, nor consent to any departure by the Borrower
therefrom, shall in any event be effective unless the same shall be in writing and signed by the
Borrower and the Required Lenders, and then such waiver or consent shall be effective only in the
specific instance and for the specific purpose for which given; provided, however,
that no amendment, waiver or consent shall, unless in writing and signed by the Borrower and each
Lender affected thereby, do any of the following: (a) waive any of the conditions specified in
Section 3.01, (b) increase the Commitments of the Lenders (other than as provided in Sections 2.18
or 2.19, provided that, any increase in the aggregate Revolving Credit Commitments
in excess of $1,500,000,000 will require the consent of all of the Lenders), (c) reduce the
principal of, or interest on, the Advances or any fees or, to the extent then accrued, other
amounts payable hereunder, (d) postpone any date fixed for any payment of principal of, or interest
on, the Advances or any fees or, to the extent then accrued, other amounts payable hereunder (other
than as provided in Section 2.18), (e) change the percentage of the Revolving Credit Commitments,
the aggregate Available Amount of outstanding Letters of Credit or of the aggregate unpaid
principal amount of the Advances, or the number of Lenders, that shall be required for the Lenders
or any of them to take any action hereunder, (f) alter the manner in which payment or prepayments
of principal, interest or other amounts hereunder shall be applied as among the Lenders or (g)
amend this Section 8.01; and provided further that no amendment, waiver or consent
shall, unless in writing and signed by the Agent in addition to the Lenders required above to take
such action, affect the rights or duties of the Agent under this Agreement or any Note; and
provided further that no amendment, waiver or consent shall, unless in writing and
signed by the Issuing Banks in addition to the Lenders required above to take such action,
adversely affect the rights or obligations of the Issuing Banks under this Agreement.

          (b) Dissenting Lenders. If, in connection with any proposed change, waiver, discharge
or termination of the provisions of this Agreement as contemplated by Section 8.01(a), the consent
of the Required Lenders is obtained but the consent of one or more of such other Lenders whose
consent is required is not obtained, then the Borrower shall have the right to replace all, but not
less than all, of such non-consenting Lender or Lenders (so long as all non-consenting Lenders are
so replaced) with one or more persons pursuant to Section 8.07 so long as at the time of such
replacement each such new Lender consents to the proposed change, waiver, discharge or termination.

          SECTION 8.02. Notices, Etc. All notices and other communications provided for
hereunder shall be either (x) in writing (including telecopier communication) and mailed,
telecopied or delivered or (y) as and to the extent set forth in Section 8.02(b) and in the proviso
to this Section 8.02(a), if to the Borrower, at its address at One Computer Associates Plaza,
Islandia, New York 11788-7000, Telecopier: (516) 342-4854, Attention: General Treasurer, with a copy (other than in
the case of administrative notices) to Attention: General Counsel, Telecopier (516) 342-4866; if
to any Bank, at its Domestic Lending Office specified opposite its name on Schedule I hereto; if to
any other Lender, at its Domestic Lending Office specified in the Assumption Agreement or the
Assignment and Acceptance pursuant to which it became a Lender; and if to the Agent, at its address
at Two Penns Way, New Castle, Delaware 19720, Attention: Bank Loan Syndications Department; or, as
to the Borrower or the Agent, at such other address as shall be designated by such party in a
written notice to the other parties and, as to each other party, at such other address as shall be
designated by such party in a written notice to the Borrower and the Agent, provided that
materials required to be delivered pursuant to Section 5.01(i)(i) and (ii) shall be delivered to
the Agent as specified in Section 8.02(b) or as otherwise specified to the Borrower by the Agent.
All such notices and

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communications shall, when mailed, telecopied or e-mailed, be effective when
deposited in the mails, telecopied or confirmed by e-mail, respectively, except that notices and
communications to the Agent pursuant to Article II, III or VII shall not be effective until
received by the Agent. Delivery by telecopier of an executed counterpart of any amendment or
waiver of any provision of this Agreement or the Notes or of any Exhibit hereto to be executed and
delivered hereunder shall be effective as delivery of a manually executed counterpart thereof.

          (b) So long as Citibank or any of its Affiliates is the Agent, materials required to be
delivered pursuant to Section 5.01(i)(i) and (ii) shall be delivered to the Agent in an electronic
medium in a format acceptable to the Agent and the Lenders by e-mail at
oploanswebadmin@citigroup.com. The Borrower agrees that the Agent may make such materials, as well
as any other written information, documents, instruments and other material relating to the
Borrower, any of its Subsidiaries or any other materials or matters relating to this Agreement, the
Notes or any of the transactions contemplated hereby, other than notices pursuant to Article II
(collectively, the “Communications”) available to the Lenders by posting such notices on
Intralinks or a substantially similar electronic system (the “Platform”). The Borrower
acknowledges that (i) the distribution of material through an electronic medium is not necessarily
secure and that there are confidentiality and other risks associated with such distribution, (ii)
the Platform is provided “as is” and “as available” and (iii) neither the Agent nor any of its
Affiliates warrants the accuracy, adequacy or completeness of the Communications or the Platform
and each expressly disclaims liability for errors or omissions in the Communications or the
Platform. No warranty of any kind, express, implied or statutory, including, without limitation,
any warranty of merchantability, fitness for a particular purpose, non-infringement of third party
rights or freedom from viruses or other code defects, is made by the Agent or any of its Affiliates
in connection with the Platform.

          (c) Each Lender agrees that notice to it (as provided in the next sentence) (a
“Notice”) specifying that any Communications have been posted to the Platform shall
constitute effective delivery of such information, documents or other materials to such Lender for
purposes of this Agreement; provided that if requested by any Lender the Agent shall
deliver a copy of the Communications to such Lender by email or telecopier. Each Lender agrees (i)
to notify the Agent in writing of such Lender’s e-mail address to which a Notice may be sent by
electronic transmission (including by electronic communication) on or before the date such Lender
becomes a party to this Agreement (and from time to time thereafter to ensure that the Agent has on
record an effective e-mail address for such Lender) and (ii) that any Notice may be sent to such
e-mail address.

          SECTION 8.03. No Waiver; Remedies. No failure on the part of any Lender or the Agent
to exercise, and no delay in exercising, any right hereunder or under any Note shall operate as a
waiver thereof; nor shall any single or partial exercise of any such right preclude any other or
further exercise thereof or the exercise of any other right. The remedies herein provided are
cumulative and not exclusive of any remedies provided by law.

          SECTION 8.04. Costs and Expenses. (a) The Borrower agrees to pay reasonably
promptly after demand all reasonable costs and expenses of the Agent in connection with the
preparation, execution, delivery, modification and amendment of this Agreement, the Notes and the
other documents to be delivered hereunder, including, without limitation, the reasonable fees and
expenses of counsel for the Agent with respect thereto and with respect to advising the Agent as to
its rights and responsibilities under this Agreement. The Borrower further agrees to pay on demand
all costs and expenses of the Agent and the Lenders, if any (including, without limitation,
reasonable counsel fees and expenses), in connection with the enforcement (whether through
negotiations, legal proceedings or otherwise) of this Agreement, the Notes and the
other documents to be delivered hereunder, including, without limitation, reasonable fees and
expenses of counsel for the Agent and each Lender in connection with the enforcement of rights
under this Section 8.04(a).

          (b) The Borrower agrees to indemnify and hold harmless the Agent and each Lender and each
of their Affiliates and their officers, directors, employees, agents and advisors (each, an
“Indemnified Party”) from and against any and all claims, damages, losses, liabilities and
expenses (including, without limitation, reasonable fees and expenses of counsel) incurred by or
asserted or awarded against any Indemnified Party, in each case arising out of or in connection
with or by reason of any investigation, litigation or proceeding (or preparation of a defense in
connection therewith) relating to the Notes, this Agreement, the commitment letters delivered in
connection with this Agreement, any of the transactions contemplated herein or the actual or
proposed use of the proceeds of the Advances, except to the extent such claim, damage, loss,
liability or expense is found in a final, non-appealable judgment by a court of competent
jurisdiction to have resulted from such Indemnified Party’s gross

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negligence or willful misconduct. In the case of an investigation, litigation or other
proceeding to which the indemnity in this Section 8.04(b) applies, such indemnity shall be
effective whether or not such investigation, litigation or proceeding is brought by the Borrower,
its directors, equityholders or creditors or an Indemnified Party or any other Person, whether or
not any Indemnified Party is otherwise a party thereto and whether or not the transactions
contemplated hereby are consummated. The Borrower, to the extent permitted by applicable law, also
agrees not to assert any claim for special, indirect, consequential or punitive damages against the
Agent, any Lender, any of their Affiliates, or any of their respective directors, officers,
employees, attorneys and agents, on any theory of liability, arising out of or otherwise relating
to the Notes, this Agreement, any of the transactions contemplated herein or the actual or proposed
use of the proceeds of the Advances.

          (c) If any payment of principal of, or Conversion of, any Eurocurrency Rate Advance is made by
the Borrower to or for the account of a Lender other than on the last day of the Interest Period
for such Advance, as a result of a payment or Conversion pursuant to Section 2.08, 2.10 or 2.12,
acceleration of the maturity of the Advances pursuant to Section 6.01 or for any other reason, or
by an Eligible Assignee to a Lender other than on the last day of the Interest Period for such
Advance upon an assignment of rights and obligations under this Agreement pursuant to Section 8.07
as a result of a demand by the Borrower pursuant to Section 8.07(a) or if the Borrower shall fail
to prepay any Eurocurrency Advance in accordance with any notice given under Section 2.10, the
Borrower shall, upon demand by such Lender (with a copy of such demand to the Agent), pay to the
Agent for the account of such Lender any amounts required to compensate such Lender for any
additional losses, costs or expenses that it may reasonably incur as a result of such payment or
Conversion, including, without limitation, any loss (excluding loss of anticipated profits), cost
or expense incurred by reason of the liquidation or reemployment of deposits or other funds
acquired by any Lender to fund or maintain such Advance. If the amount of the Committed Currency
purchased by any Lender in the case of a Conversion or exchange of Advances in the case of Section
2.08 or 2.12 exceeds the sum required to satisfy such Lender’s liability in respect of such
Advances, such Lender agrees to remit to the Borrower such excess.

          (d) Without prejudice to the survival of any other agreement of the Borrower hereunder, the
agreements and obligations of the Borrower contained in Sections 2.11, 2.14 and 8.04 shall survive
the payment in full of principal, interest and all other amounts payable hereunder and under the
Notes.

          SECTION 8.05. Right of Set-off. Upon (i) the occurrence and during the continuance
of any Event of Default and (ii) the making of the request or the granting of the consent specified
by Section 6.01 to authorize the Agent to declare the Notes due and payable pursuant to the
provisions of Section 6.01, each Lender and each of its Affiliates is hereby authorized at any time
and from time to time, to the fullest extent permitted by law, to set off and apply any and all
deposits (general or special, time or demand, provisional or final) at any time held and other
indebtedness at any time owing by such Lender or such Affiliate to or for the credit or the account
of the Borrower against any and all of the obligations of the Borrower now or hereafter existing
under this Agreement and the Note held by such Lender, whether or not such Lender shall have made
any demand under this Agreement or such Note and although such obligations may be unmatured. Each
Lender agrees promptly to notify the Borrower after any such set-off and application,
provided that the failure to give such notice shall not affect the validity of such set-off
and application. The rights of each Lender and its Affiliates under this Section are in addition
to other rights and remedies (including, without limitation, other rights of set-off) that such
Lender and its Affiliates may have.

          SECTION 8.06. Binding Effect. This Agreement shall become effective (other than
Section 2.01, which shall only become effective upon satisfaction of the conditions precedent set
forth in Section 3.01) when it shall have been executed by the Borrower and the Agent and when the
Agent shall have been notified by each Bank that such Bank has executed it and thereafter shall be
binding upon and inure to the benefit of the Borrower, the Agent and each Lender and their
respective successors and assigns, except that the Borrower shall not have the right to assign its
rights hereunder or any interest herein without the prior written consent of the Lenders.

          SECTION 8.07. Assignments and Participations. (a) Each Lender may and, if demanded
by the Borrower (following either a demand by such Lender pursuant to Section 2.11, 2.12 or 2.14 or
a payment by the Borrower of Taxes or Other Taxes for which the Lender is, or, but for such payment
would be indemnified by the Borrower pursuant to Section 2.14 and provided
that all similarly situated Lenders are similarly treated, or if the Borrower exercises its
replacement rights under Section 8.01(b)) upon at least five Business Days’ notice to such

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Lender and the Agent will, assign to one or more Persons all or a portion of its rights and obligations
under this Agreement (including, without limitation, all or a portion of its Revolving Credit
Commitment, the Advances owing to it and the Note or Notes held by it); provided,
however, that (i) each such assignment shall be of a constant, and not a varying,
percentage of all rights and obligations under this Agreement, (ii) except in the case of an
assignment to a Person that, immediately prior to such assignment, was a Lender or an assignment of
all of a Lender’s rights and obligations under this Agreement, the amount of the Revolving Credit
Commitment of the assigning Lender being assigned pursuant to each such assignment (determined as
of the date of the Assignment and Acceptance with respect to such assignment) shall in no event be
less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof unless the Borrower
and the Agent otherwise agree, (iii) each such assignment shall be to an Eligible Assignee, (iv)
each such assignment made as a result of a demand by the Borrower pursuant to this Section 8.07(a)
shall be arranged by the Borrower after consultation with the Agent and shall be either an
assignment of all of the rights and obligations of the assigning Lender under this Agreement or an
assignment of a portion of such rights and obligations made concurrently with another such
assignment or other such assignments that together cover all of the rights and obligations of the
assigning Lender under this Agreement, (v) no Lender shall be obligated to make any such assignment
as a result of a demand by the Borrower pursuant to this Section 8.07(a) unless and until such
Lender shall have received one or more payments from either the Borrower or one or more Eligible
Assignees in an aggregate amount at least equal to the aggregate outstanding principal amount of
the Advances owing to such Lender, together with accrued interest thereon to the date of payment of
such principal amount and all other amounts payable to such Lender under this Agreement, (vi) the
parties to each such assignment shall execute and deliver to the Agent, for its acceptance and
recording in the Register, an Assignment and Acceptance, together with any Note subject to such
assignment and a processing and recordation fee of $3,500 payable by the parties to each such
assignment, provided, however, that in the case of each assignment made as a result
of a demand by the Borrower, such recordation fee shall be payable by the Borrower except that no
such recordation fee shall be payable in the case of an assignment made at the request of the
Borrower to an Eligible Assignee that is an existing Lender and (vii) any assignee under an
assignment made to an Eligible Assignee without the prior consent of the Borrower (unless an Event
of Default shall have occurred and be continuing) shall be entitled to no greater amounts pursuant
to Section 2.11 or 2.14 as of the date of such assignment than those amounts to which the
applicable Lender assignor was then entitled. Upon such execution, delivery, acceptance and
recording, from and after the effective date specified in each Assignment and Acceptance, (x) the
assignee thereunder shall be a party hereto and, to the extent that rights and obligations
hereunder have been assigned to it pursuant to such Assignment and Acceptance, have the rights and
obligations of a Lender hereunder and (y) the Lender assignor thereunder shall, to the extent that
rights and obligations hereunder have been assigned by it pursuant to such Assignment and
Acceptance, relinquish its rights (other than its rights under Section 2.11, 2.14 and 8.04 to the
extent any claim thereunder relates to an event arising prior such assignment) and be released from
its obligations under this Agreement (and, in the case of an
Assignment and Acceptance covering all
or the remaining portion of an assigning Lender’s rights and obligations under this Agreement, such
Lender shall cease to be a party hereto).

          (b) By executing and delivering an Assignment and Acceptance, the Lender assignor thereunder
and the assignee thereunder confirm to and agree with each other and the other parties hereto as
follows: (i) other than as provided in such Assignment and Acceptance, such assigning Lender makes
no representation or warranty and assumes no responsibility with respect to any statements,
warranties or representations made in or in connection with this Agreement or the execution,
legality, validity, enforceability, genuineness, sufficiency or value of, or the perfection or
priority of any lien or security interest created or purported to be created under or in connection
with, this Agreement or any other instrument or document furnished pursuant hereto; (ii) such
assigning Lender makes no representation or warranty and assumes no responsibility with respect to
the financial condition of the Borrower or the performance or observance by the Borrower of any of
its obligations under this Agreement or any other instrument or document furnished pursuant hereto;
(iii) such assignee confirms that it has received a copy of this Agreement, together with copies of
the financial statements referred to in Section 4.01 and such other documents and information as it
has deemed appropriate to make its own credit analysis and decision to enter into such Assignment
and Acceptance; (iv) such assignee will, independently and without reliance upon the Agent, such
assigning Lender or any other Lender and based on such documents and information as it shall deem
appropriate at the time, continue to make its own credit decisions in taking or not taking action
under this Agreement; (v) such assignee confirms that it is an Eligible Assignee; (vi) such
assignee appoints and authorizes the Agent to take such action as agent on its behalf and to
exercise such powers and discretion under this Agreement as are delegated to the
Agent by the terms hereof, together with such powers and discretion as are reasonably
incidental thereto; and

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(vii) such assignee agrees that it will perform in accordance with their
terms all of the obligations that by the terms of this Agreement are required to be performed by it
as a Lender or as an Issuing Bank, as the case may be.

          (c) Upon its receipt of an Assignment and Acceptance executed by an assigning Lender and an
assignee representing that it is an Eligible Assignee, together with any Note or Notes subject to
such assignment, the Agent shall, if such Assignment and Acceptance has been completed and is in
substantially the form of Exhibit C hereto, (i) accept such Assignment and Acceptance, (ii) record
the information contained therein in the Register and (iii) give prompt notice thereof to the
Borrower.

          (d) The Agent shall maintain at its address referred to in Section 8.02 a copy of each
Assumption Agreement and each Assignment and Acceptance delivered to and accepted by it and a
register for the recordation of the names and addresses of the Lenders and the Commitment of, and
principal amount of the Advances owing to, each Lender from time to time (the “Register”).
The entries in the Register shall be conclusive and binding for all purposes, absent manifest
error, and the Borrower, the Agent and the Lenders may treat each Person whose name is recorded in
the Register as a Lender hereunder for all purposes of this Agreement. The Register shall be
available for inspection by the Borrower or any Lender at any reasonable time and from time to time
upon reasonable prior notice.

          (e) Each Lender may sell participations to one or more banks or other entities (other than the
Borrower or any of its Affiliates) in or to all or a portion of its rights and obligations under
this Agreement (including, without limitation, all or a portion of its Revolving Credit Commitment,
the Advances owing to it and any Note or Notes held by it); provided, however, that
(i) such Lender’s obligations under this Agreement (including, without limitation, its Revolving
Credit Commitment to the Borrower hereunder) shall remain unchanged, (ii) such Lender shall remain
solely responsible to the other parties hereto for the performance of such obligations, (iii) such
Lender shall remain the holder of any such Note for all purposes of this Agreement, (iv) the
Borrower, the Agent and the other Lenders shall continue to deal solely and directly with such
Lender in connection with such Lender’s rights and obligations under this Agreement and (v) no
participant under any such participation shall have any right to approve any amendment or waiver of
any provision of this Agreement or any Note, or any consent to any departure by the Borrower
therefrom, except to the extent that such amendment, waiver or consent would reduce the principal
of, or interest on, the Notes or any fees or other amounts due and payable hereunder, in each case
to the extent subject to such participation, or postpone any date fixed for any payment of
principal of, or interest on, the Notes or any fees or other amounts due and payable hereunder, in
each case to the extent subject to such participation.

          (f) Any Lender may, in connection with any assignment or participation or proposed assignment
or participation pursuant to this Section 8.07, disclose to the assignee or participant or proposed
assignee or participant, any information relating to the Borrower furnished to such Lender by or on
behalf of the Borrower; provided that, prior to any such disclosure, the assignee or
participant or proposed assignee or participant shall agree to preserve the confidentiality of any
Information relating to the Borrower received by it from such Lender in accordance with Section
8.08.

          (g) The Issuing Bank may assign to an Eligible Assignee its rights and obligations or any
portion of the undrawn Letter of Credit Commitment at any time; provided, however,
that (i) the amount of the Letter of Credit Commitment of the assigning Issuing Bank being assigned
pursuant to each such assignment (determined as of the date of the Assignment and Acceptance with
respect to such assignment) shall in no event be less than $1,000,000 or an integral multiple of
$1,000,000 in excess thereof, and (ii) the parties to each such assignment shall execute and
deliver to the Agent, for its acceptance and recording in the Register, an Assignment and
Acceptance, together with a processing and recordation fee of $3,500.

          (h) Notwithstanding any other provision set forth in this Agreement, any Lender may at any
time create a security interest in all or any portion of its rights under this Agreement
(including, without limitation, the Advances owing to it and any Note or Notes held by it) in favor
of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the
Federal Reserve System.

          SECTION 8.08. Confidentiality. Each of the Agent, the Lenders and the Issuing Banks
agrees to maintain the confidentiality of the Information (as defined below), except that
Information may be disclosed (a) to

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its Affiliates and to its and its Affiliates’ respective
managers, administrators, trustees, partners, directors, officers, employees, agents, advisors and
other 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 laws or regulations or by any
subpoena or similar legal process, (d) to any other party hereto, (e) in connection with the
exercise of any remedies hereunder or under any Note or any action or proceeding relating to this
Agreement or any Note or the enforcement of rights hereunder or thereunder, (f) subject to an
agreement containing provisions substantially the same as those of this Section, to (i) any
assignee of or participant in, or any prospective assignee of or participant in, any of its rights
or obligations under this Agreement or (ii) any actual or prospective party (or its managers,
administrators, trustees, partners, directors, officers, employees, agents, advisors and other
representatives) to any swap or derivative or similar transaction under which payments are to be
made by reference to the Borrower and its obligations, this Agreement or payments hereunder, (iii)
any rating agency, or (iv) the CUSIP Service Bureau or any similar organization, (g) with the
consent of the Borrower or (h) to the extent such Information (x) is or becomes publicly available
other than as a result of a breach of this Section or (y) becomes available to the Agent, any
Lender, the Issuing Bank or any of their respective Affiliates on a nonconfidential basis from a
source other than the Borrower (unless the Person receiving such Information is receiving such
Information from a source in violation of a confidentiality agreement and such violation is known
to such Person).

          “Information” means all information received from the Borrower or any of its
Subsidiaries relating to the Borrower or any of its Subsidiaries or any of their respective
businesses, other than any such information that is available to the Agent, any Lender or any
Issuing Bank on a nonconfidential basis prior to disclosure by the Borrower or any of its
Subsidiaries, provided that, in the case of information received from the Borrower or any
of its Subsidiaries after the date hereof, such information is clearly identified at the time of
delivery as confidential. Any Person required to 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.

          SECTION 8.09. Governing Law. This Agreement and the Notes shall be governed by, and
construed in accordance with, the laws of the State of New York.

          SECTION 8.10. Execution in Counterparts. This Agreement may be executed in any
number of counterparts and by different parties hereto in separate counterparts, each of which when
so executed shall be deemed to be an original and all of which taken together shall constitute one
and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement
by telecopier shall be effective as delivery of a manually executed counterpart of this Agreement.

          SECTION 8.11. Judgment. (a) If for the purposes of obtaining judgment in any court
it is necessary to convert a sum due hereunder in Dollars into another currency, the parties hereto
agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall
be that at which in accordance with normal banking procedures the Agent could purchase Dollars with
such other currency at Citibank’s principal office in London at 11:00 A.M. (London time) on the
Business Day preceding that on which final judgment is given.

          (b) If for the purposes of obtaining judgment in any court it is necessary to convert a sum
due hereunder in a Committed Currency into Dollars, the parties agree to the fullest extent that
they may effectively do so, that the rate of exchange used shall be that at which in accordance
with normal banking procedures the Agent could purchase such Committed Currency with Dollars at
Citibank’s principal office in London at 11:00 A.M. (London time) on the Business Day preceding
that on which final judgment is given.

          (c) The obligation of the Borrower in respect of any sum due from it in any currency (the
“Primary Currency”) to any Lender or the Agent hereunder shall, notwithstanding any
judgment in any other currency, be discharged only to the extent that on the Business Day following
receipt by such Lender or the Agent (as the case may be), of any sum adjudged to be so due in such other currency, such Lender or
the Agent (as the case may be) may in accordance with normal banking procedures purchase the
applicable Primary Currency with such other currency; if the amount of the applicable Primary
Currency so purchased is less than such sum due to such

44

 

Lender or the Agent (as the case may be) in
the applicable Primary Currency, the Borrower agrees, as a separate obligation and notwithstanding
any such judgment, to indemnify such Lender or the Agent (as the case may be) against such loss,
and if the amount of the applicable Primary Currency so purchased exceeds such sum due to any
Lender or the Agent (as the case may be) in the applicable Primary Currency, such Lender or the
Agent (as the case may be) agrees to remit to the Borrower such excess.

          SECTION 8.12. Jurisdiction, Etc. (a) Each of the parties hereto hereby irrevocably
and unconditionally submits, for itself and its property, to the nonexclusive jurisdiction of any
New York State court or federal court of the United States of America sitting in New York City, and
any appellate court from any thereof, in any action or proceeding arising out of or relating to
this Agreement or the Notes, or for recognition or enforcement of any judgment, and each of the
parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such
action or proceeding may be heard and determined in any such New York State court or, to the extent
permitted by law, in such federal court. Each party hereby irrevocably consents to the service of
process in any action or proceeding in such courts by the mailing thereof by any parties hereto by
registered or certified mail (return receipt requested), postage prepaid, to such party at its
address specified pursuant to Section 8.02. 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 shall affect any right that any party may otherwise have to bring any action or
proceeding relating to this Agreement or the Notes in the courts of any jurisdiction.

          (b) Each of the parties hereto irrevocably and unconditionally waives, to the fullest extent
it may legally and effectively do so, any objection that it may now or hereafter have to the laying
of venue of any suit, action or proceeding arising out of or relating to this Agreement or the
Notes in any New York State or federal court. Each of the parties hereto hereby irrevocably
waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the
maintenance of such action or proceeding in any such court.

          SECTION 8.13. Substitution of Currency. If a change in any Committed Currency occurs
pursuant to any applicable law, rule or regulation of any governmental, monetary or multi-national
authority, this Agreement (including, without limitation, the definitions of Eurocurrency Rate)
will be amended to the extent determined by the Agent (acting reasonably and in consultation with
the Borrower) to be necessary to reflect the change in currency and to put the Lenders and the
Borrower in the same position, so far as possible, that they would have been in if no change in
such Committed Currency had occurred.

          SECTION 8.14. No Liability of the Issuing Banks. The Borrower assumes all risks of
the acts or omissions of any beneficiary or transferee of any Letter of Credit with respect to its
use of such Letter of Credit. Neither an Issuing Bank nor any of its officers or directors shall
be liable or responsible for: (a) the use that may be made of any Letter of Credit or any acts or
omissions of any beneficiary or transferee in connection therewith; (b) the validity, sufficiency
or genuineness of documents, or of any endorsement thereon, even if such documents should prove to
be in any or all respects invalid, insufficient, fraudulent or forged; (c) payment by such Issuing
Bank against presentation of documents that do not strictly comply with the terms of a Letter of
Credit, including failure of any documents to bear any reference or adequate reference to the
Letter of Credit; or (d) any other circumstances whatsoever in making or failing to make payment
under any Letter of Credit, except that the Borrower shall have a claim against such Issuing Bank,
and such Issuing Bank shall be liable to the Borrower, to the extent of any direct, but not
consequential, damages suffered by the Borrower that the Borrower proves were caused by such
Issuing Bank’s willful misconduct or gross negligence as determined in a final, non-appealable
judgment by a court of competent jurisdiction. In furtherance and not in limitation of the foregoing, such Issuing Bank may accept documents that appear on their face to be in order, without
responsibility for further investigation, regardless of any notice or information to the contrary.

          SECTION 8.15. Patriot Act. Each Lender and the Agent (for itself and not on
behalf of any Lender) hereby notifies the Borrower that pursuant to the requirements of the USA Patriot Act (Title III of Pub.L. 107-56 (signed into
law October 26, 2001)) (the “Patriot Act”), it is required to obtain, verify and record
information that identifies the Borrower, which information includes the name and address of the
Borrower and other information that will allow such Lender or the Agent, as applicable, to identify
the Borrower in accordance with the Patriot Act. The Borrower, to the extent commercially
reasonable, shall provide such information and take such

45

 

actions as are reasonably requested by the
Agent or any Lenders in order to assist the Agent and the Lenders in maintaining compliance with
the Patriot Act.

46

 

          SECTION 8.16. Waiver of Jury Trial. Each of the Borrower, the Agent and the
Lenders hereby irrevocably waives all right to trial by jury in any action, proceeding or
counterclaim (whether based on contract, tort or otherwise) arising out of or relating to this
Agreement or the Notes or the actions of the Agent or any Lender in the negotiation,
administration, performance or enforcement thereof.

          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their
respective officers thereunto duly authorized, as of the date first above written.

	 	 	 	 	 
	 	CA, INC.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	 	CITIBANK, N.A.,

as Agent

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 

Lenders

Letter of Credit Commitment

	 	 	 	 	 
	$25,000,000 	CITIBANK, N.A.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$25,000,000 	BANK OF AMERICA, N.A.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$25,000,000 	JPMORGAN CHASE BANK, N.A.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$25,000,000 	DEUTSCHE BANK AG NEW YORK BRANCH

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	 	By  	
 	 
	 	 	Title: 	 

$100,000,000 Total of the Letter of Credit Commitments

47

 

Revolving Credit Commitment

	 	 	 	 	 
	$90,000,000 	CITICORP NORTH AMERICA, INC.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$90,000,000 	BANK OF AMERICA, N.A.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$90,000,000 	DEUTSCHE BANK AG NEW YORK BRANCH

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$90,000,000 	JPMORGAN CHASE BANK, N.A.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$75,000,000 	BNP PARIBAS

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$75,000,000 	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.,

NEW YORK BRANCH

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$75,000,000 	WACHOVIA BANK, N.A.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$65,000,000 	ABN AMRO BANK N.V.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 

48

 

	 	 	 	 	 

	 	 	 	 	 
	$50,000,000 	THE BANK OF NOVA SCOTIA

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$50,000,000 	MIZUHO CORPORATE BANK, LTD.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$50,000,000 	NORTH FORK BANK

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$45,000,000 	KEYBANK NATIONAL ASSOCIATION

 	 
	 	By  	

 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$35,000,000 	U.S. BANK, N.A.

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$25,000,000 	CREDIT SUISSE, CAYMAN ISLANDS BRANCH

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$25,000,000 	HSBC BANK USA, NATIONAL ASSOCIATION

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$25,000,000 	SOCIETE GENERALE

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 

49

 

	 	 	 	 	 

	 	 	 	 	 
	$25,000,000 	UBS LOAN FINANCE LLC

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$10,000,000 	GOLDMAN SACHS BANK USA

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 	 	 
	 
	$10,000,000 	MORGAN STANLEY BANK

 	 
	 	By  	 	 
	 	 	Title: 	 

$1,000,000,000 Total of the Revolving Credit Commitments

50

 

SCHEDULE I

CA, INC.

CREDIT AGREEMENT

APPLICABLE LENDING OFFICES

	 	 	 	 	 	 	 	 	 
	Name of Bank	 	Domestic Lending Office	 	Eurocurrency Lending Office
	Bank of America, N.A.	 	Primary Contact

Kevin McMahon, Senior Vice President	 	Primary Contact

Kevin McMahon, Senior Vice President
	 
	 	 	 	 	 	 	 	 
	 	 	315 Montgomery Street, 6th Floor

San Francisco, CA 94104	 	315 Montgomery Street, 6th Floor

San Francisco, CA 94104
	 
	 	 	 	 	 	 	 	 
	 

	 	Phone:

Fax:

Email:
	 	415-622-8088

415-622-4057

Kevin.mcmahon@bankofamerica.com
	 	Phone:

Fax:

Email:
	 	415-622-8088

415-622-4057

Kevin.mcmahon@bankofamerica.com
	 
	 	 	 	 	 	 	 	 
	 	 	Secondary Contact

John Barbour, Analyst	 	Secondary Contact

John Barbour, Analyst
	 
	 	 	 	 	 	 	 	 
	 	 	315 Montgomery Street, 6th Floor

San Francisco, CA 94104	 	315 Montgomery Street, 6th Floor

San Francisco, CA 94104
	 
	 	 	 	 	 	 	 	 
	 

	 	Phone:

Fax:

Email:
	 	415-953-9572

415-622-4057

john.barbour@bankofamerica.com
	 	Phone:

Fax:

Email:
	 	415-953-9572

415-622-4057

john.barbour@bankofamerica.com
	 
	 	 	 	 	 	 	 	 
	Citibank, N.A.	 	Primary Contact

Gregory Davis, Director	 	Primary Contact

Gregory Davis, Director
	 
	 	 	 	 	 	 	 	 
	 	 	Global Loans Capital Markets

633 West 5th Street, Suite 6300

Los Angeles, CA 90071	 	Global Loans Capital Markets

633 West 5th Street, Suite 6300

Los Angeles, CA 90071
	 
	 	 	 	 	 	 	 	 
	 

	 	Phone:

Fax:

Email:
	 	213-239-1896

213-239-1899

gregory.davis@citi.com
	 	Phone:

Fax:

Email:
	 	213-239-1896

213-239-1899

gregory.davis@citi.com
	 
	 	 	 	 	 	 	 	 
	 	 	Secondary Contact

[Bill Timmons, Associate	 	Secondary Contact

[Bill Timmons, Associate
	 
	 	 	 	 	 	 	 	 
	 	 	Global Loans Capital Markets

633 West 5th Street, Suite 6300

Los Angeles, CA 90071	 	Global Loans Capital Markets

633 West 5th Street, Suite 6300

Los Angeles, CA 90071
	 
	 	 	 	 	 	 	 	 
	 

	 	Phone:

Fax:

Email:
	 	213-239-1898

213-239-1899

william.timmons@citigroup.com]
	 	Phone:

Fax:

Email:
	 	213-239-1898

213-239-1899

william.timmons@citigroup.com]
	 
	 	 	 	 	 	 	 	 
	Deutsche Bank AG New 

York Branch	 	Primary Contact

Victor M. Colon	 	Primary Contact

Victor M. Colon
	 
	 	 	 	 	 	 	 	 
	 	 	90 Hudson Street	 	90 Hudson Street

 

 

	 	 	 	 	 	 	 	 	 
	Name of Bank	 	Domestic Lending Office	 	Eurocurrency Lending Office
	 	 	Jersey City, NJ 07302	 	Jersey City, NJ 07302
	 
	 	 	 	 	 	 	 	 
	 

	 	Phone:

Fax:

Email:
	 	201 593-2163

201 593-2313

victor.m.colon@db.com
	 	Phone:

Fax:

Email:
	 	201 593-2163

201 593-2313

victor.m.colon@db.com
	 
	 	 	 	 	 	 	 	 
	 	 	Secondary Contact

Joe Cusmai	 	Secondary Contact

Joe Cusmai
	 
	 	 	 	 	 	 	 	 
	 	 	90 Hudson Street

Jersey City, NJ 07302	 	90 Hudson Street

Jersey City, NJ 07302
	 
	 	 	 	 	 	 	 	 
	 

	 	Phone:

Fax:

Email:
	 	201 593-2202

201 593-2313

joe.cusmai@db.com
	 	Phone:

Fax:

Email:
	 	201 593-2202

201 593-2313

joe.cusmai@db.com
	 
	 	 	 	 	 	 	 	 
	JPMorgan Chase Bank,
N.A.	 	Primary Contact

Tina Ruyter	 	Primary Contact

Tina Ruyter
	 
	 	 	 	 	 	 	 	 
	 	 	270 Park Avenue, 4th Floor

New York, NY 10017	 	270 Park Avenue, 4th Floor

New York, NY 10017
	 
	 	 	 	 	 	 	 	 
	 

	 	Phone:

Fax:

Email:
	 	212-270-4676

212-270-5127

tina.ruyter@jpmorgan.com
	 	Phone:

Fax:

Email:
	 	212-270-4676

212-270-5127

tina.ruyter@jpmorgan.com
	 
	 	 	 	 	 	 	 	 
	 	 	Secondary Contact

Shari Stern	 	Secondary Contact

Shari Stern
	 
	 	 	 	 	 	 	 	 
	 	 	Four New York Plaza, 4th Floor

New York, NY 10004	 	Four New York Plaza, 4th Floor

New York, NY 10004
	 
	 	 	 	 	 	 	 	 
	 

	 	Phone:

Fax:

Email:
	 	212-623-7546

212-623-1310

shari.stern@jpmorgan.com
	 	Phone:

Fax:

Email:
	 	212-623-7546

212-623-1310

shari.stern@jpmorgan.com

2

 

EXHIBIT A — FORM OF

REVOLVING CREDIT

PROMISSORY NOTE

	 	 	 
	U.S.$                    

	 	Dated:                     , 200___

          FOR VALUE RECEIVED, the undersigned, CA, INC., a Delaware corporation (the
“Borrower”), HEREBY PROMISES TO PAY to the order of                                          (the
“Lender”) for the account of its Applicable Lending Office on the Termination Date (each as
defined in the Credit Agreement referred to below) the principal sum of U.S.$[amount of the
Lender’s Revolving Credit Commitment in figures] or, if less, the aggregate principal amount of the
Advances made by the Lender to the Borrower pursuant to the Credit Agreement dated as of August 29,
2007 among the Borrower, the Lender and certain other lenders parties thereto, and Citibank, N.A.,
as Agent for the Lender and such other lenders (as amended or modified from time to time, the
“Credit Agreement”; the terms defined therein being used herein as therein defined)
outstanding on the Termination Date.

          The Borrower promises to pay interest on the unpaid principal amount of each Advance from the
date of such Advance until such principal amount is paid in full, at such interest rates, and
payable at such times, as are specified in the Credit Agreement.

          Both principal and interest in respect of each Advance (i) in Dollars are payable in lawful
money of the United States of America to the Agent at its account maintained at 388 Greenwich
Street, New York, New York 10013, in same day funds and (ii) in any Committed Currency are payable
in such currency at the applicable Payment Office in same day funds. Each Advance owing to the
Lender by the Borrower pursuant to the Credit Agreement, and all payments made on account of
principal thereof, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on
the grid attached hereto which is part of this Promissory Note.

          This Promissory Note is one of the Notes referred to in, and is entitled to the benefits of,
the Credit Agreement. The Credit Agreement, among other things, (i) provides for the making of
Advances by the Lender to the Borrower from time to time in an aggregate amount not to exceed at
any time outstanding the U.S. dollar amount first above mentioned, the indebtedness of the Borrower
resulting from each such Advance being evidenced by this Promissory Note, (ii) contains provisions
for determining the Dollar Equivalent of Advances denominated in Committed Currencies and (iii)
contains provisions for acceleration of the maturity hereof upon the happening of certain stated
events and also for prepayments on account of principal hereof prior to the maturity hereof upon
the terms and conditions therein specified.

	 	 	 	 	 
	 	CA, INC.

 	 
	 	By  	
 	 
	 	 	Title:  	 	 
	 

 

 

ADVANCES AND PAYMENTS OF PRINCIPAL

	 	 	 
	Date	 	Amount of Advance	 	 	Amount of Principal Paid or Prepaid	 	 	Unpaid Principal Balance	 	 	Notation Made By

2

 

EXHIBIT B — FORM OF NOTICE OF

BORROWING

Citibank, N.A., as Agent

  for the Lenders parties

  to the Credit Agreement

  referred to below

Two Penns Way

New Castle, Delaware 19720

[Date]

          Attention: Bank Loan Syndications

Ladies and Gentlemen:

          The undersigned, CA, Inc., refers to the Credit Agreement, dated as of August 29, 2007 (as
amended or modified from time to time, the “Credit Agreement”, the terms defined therein
being used herein as therein defined), among the undersigned, certain Lenders parties thereto and
Citibank, N.A., as Agent for said Lenders, and hereby gives you notice, irrevocably, pursuant to
Section 2.02 of the Credit Agreement that the undersigned hereby requests a Borrowing under the
Credit Agreement, and in that connection sets forth below the information relating to such
Borrowing (the “Proposed Borrowing”) as required by Section 2.02(a) of the Credit
Agreement:

     (i) The Business Day of the Proposed Borrowing is                                         , 200___.

     (ii) The Type of Advances comprising the Proposed Borrowing is [Base Rate Advances]
[Eurocurrency Rate Advances].

     (iii) The aggregate amount of the Proposed Borrowing is $                                        ] [for a
Borrowing in a Committed Currency, list currency and amount of Borrowing].

     [(iv) The initial Interest Period for each Eurocurrency Rate Advance made as part of
the Proposed Borrowing is                                          month[s].]

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

     (A) the representations and warranties contained in Section 4.01 of the Credit
Agreement (except the representation set forth in the last sentence of subsection (e)
thereof) are correct, before and after giving effect to the Proposed Borrowing and to the
application of the proceeds therefrom, as though made on and as of such date; and

 

 

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

	 	 	 	 	 
	 	Very truly yours,

CA, INC.

 	 
	 	By  	
 	 
	 	 	Title: 	 
	 	 	 	 
	 

2

 

EXHIBIT C — FORM OF

ASSIGNMENT AND ACCEPTANCE

          Reference is made to the Credit Agreement dated as of August 29, 2007 (as amended or modified
from time to time, the “Credit Agreement”) among CA, Inc., a Delaware corporation (the
“Borrower”), the Lenders (as defined in the Credit Agreement) and Citibank, N.A., as paying
agent for the Lenders (the “Agent”). Terms defined in the Credit Agreement are used herein
with the same meaning.

          The “Assignor” and the “Assignee” referred to on Schedule I hereto agree as follows:

          1. The Assignor hereby sells and assigns to the Assignee, and the Assignee hereby purchases
and assumes from the Assignor, an interest in and to the Assignor’s rights and obligations under
the Credit Agreement as of the date hereof equal to the percentage interest specified on Schedule 1
hereto of all outstanding rights and obligations under the Credit Agreement together with
participations in Letters of Credit held by the Assignor on the date hereof. After giving effect
to such sale and assignment, the Assignee’s Revolving Credit Commitment and the amount of the
Advances owing to the Assignee will be as set forth on Schedule 1 hereto.

          2. The Assignor (i) represents and warrants that it is the legal and beneficial owner of the
interest being assigned by it hereunder and that such interest is free and clear of any adverse
claim; (ii) makes no representation or warranty and assumes no responsibility with respect to any
statements, warranties or representations made in or in connection with the Credit Agreement or the
execution, legality, validity, enforceability, genuineness, sufficiency or value of, or the
perfection or priority of any lien or security interest created or purported to be created under or
in connection with, the Credit Agreement or any other instrument or document furnished pursuant
thereto; (iii) makes no representation or warranty and assumes no responsibility with respect to
the financial condition of the Borrower or the performance or observance by the Borrower of any of
its obligations under the Credit Agreement or any other instrument or document furnished pursuant
thereto; and (iv) attaches the Note[, if any,] held by the Assignor [and requests that the Agent
exchange such Note for a new Note payable to the order of [the Assignee in an amount equal to the
Revolving Credit Commitment assumed by the Assignee pursuant hereto or new Notes payable to the
order of the Assignee in an amount equal to the Revolving Credit Commitment assumed by the Assignee
pursuant hereto and] the Assignor in an amount equal to the Revolving Credit Commitment retained by
the Assignor under the Credit Agreement[, respectively,] as specified on Schedule 1 hereto].

          3. The Assignee (i) confirms that it has received a copy of the Credit Agreement, together
with copies of the financial statements referred to in Section 4.01 thereof and such other
documents and information as it has deemed appropriate to make its own credit analysis and decision
to enter into this Assignment and Acceptance; (ii) agrees that it will, independently and without
reliance upon the 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 Credit Agreement; (iii) confirms that it is an Eligible
Assignee; (iv) appoints and authorizes the Agent to take such action as agent on its behalf and to
exercise such powers and discretion under the Credit Agreement as are delegated to the Agent by the
terms thereof, together with such powers and discretion as are reasonably incidental thereto; (v)
agrees that it will perform in accordance with their terms all of the obligations that by the terms
of the Credit Agreement are required to be performed by it as a Lender; and (vi) attaches any U.S.
Internal Revenue Service forms required under Section 2.14 of the Credit Agreement.

          4. Following the execution of this Assignment and Acceptance, it will be delivered to the
Agent for acceptance and recording by the Agent. The effective date for this Assignment and
Acceptance (the “Effective Date”) shall be the date of acceptance hereof by the Agent,
unless otherwise specified on Schedule 1 hereto.

          5. Upon such acceptance and recording by the Agent, as of the Effective Date, (i) the Assignee
shall be a party to the Credit Agreement and, to the extent provided in this Assignment and
Acceptance,

 

 

have the rights and obligations of a Lender thereunder and (ii) the Assignor shall, to the
extent provided in this Assignment and Acceptance, relinquish its rights and be released from its
obligations under the Credit Agreement.

          6. Upon such acceptance and recording by the Agent, from and after the Effective Date, the
Agent shall make all payments under the Credit Agreement and the Notes in respect of the interest
assigned hereby (including, without limitation, all payments of principal, interest and facility
fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate
adjustments in payments under the Credit Agreement and the Notes for periods prior to the Effective
Date directly between themselves.

          7. This Assignment and Acceptance shall be governed by, and construed in accordance with, the
laws of the State of New York.

          8. This Assignment and Acceptance may be executed in any number of counterparts and by
different parties hereto in separate counterparts, each of which when so executed shall be deemed
to be an original and all of which taken together shall constitute one and the same agreement.
Delivery of an executed counterpart of Schedule 1 to this Assignment and Acceptance by telecopier
shall be effective as delivery of a manually executed counterpart of this Assignment and
Acceptance.

          IN WITNESS WHEREOF, the Assignor and the Assignee have caused Schedule 1 to this Assignment
and Acceptance to be executed by their officers thereunto duly authorized as of the date specified
thereon.

2

 

Schedule 1

to

Assignment and Acceptance

	 	 	 	 	 	 	 	 	 
	Percentage interest assigned:
	 	 	 	 	 	 	 	%
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Assignee’s Revolving Credit Commitment:
	 	$	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Aggregate outstanding principal amount of Advances assigned:
	 	$	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Principal amount of Note payable to Assignee:
	 	$	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Principal amount of Note payable to Assignor:
	 	$	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 

Effective Date*:                     , 200_

	 	 	 	 	 
	 	[NAME OF ASSIGNOR], as Assignor

 	 
	 	By  	 	 
	 	 	Title: 	 
	 	 

	 
	 	Dated:                     , 200__ 

	 
	 
	 	[NAME OF ASSIGNEE], as Assignee

 	 
	 	By  	

 	 
	 	 	Title: 	 
	 	 

	 
	 	Dated:                     , 200__ 

	 

	 	 	 
	 

	Domestic Lending Office: 	 
	 

	           
[Address]	 
	 
	 	 
	 

	Eurocurrency Lending Office: 	 
	 

	           
[Address] 	 

 

			
	*	 	This date should be no earlier than five
Business Days after the delivery of this Assignment and Acceptance to the
Agent.

3

 

Accepted [and Approved]** this

___day of                     , 200_

	 	 	 	 	 
	CITIBANK, N.A., as Agent

 	 	 
	By  	 	 	 
	 	Title: 	 	 
	 	 	 	 
	 
	[Approved this ___day

of                      , 200_

 	 	 
	 	 	 
	CA, INC.

 	 	 
	By  	
 	]*	 
	 	Title: 	 	 
	 	 	 	 

 

			
	**	 	Required if the Assignee is an Eligible
Assignee solely by reason of clause (iv) of the definition of “Eligible
Assignee”.
	 
	*	 	Required if the Assignee is an Eligible
Assignee solely by reason of clause (iv) of the definition of “Eligible
Assignee”.

4

 

EXHIBIT D — FORM OF

OPINION OF COUNSEL

FOR THE BORROWER

[INTENTIONALLY LEFT BLANK]

 

 

EXECUTION COPY

U.S. $1,000,000,000

CREDIT AGREEMENT

Dated as of August 29, 2007

Among

CA, INC.

as Borrower

and

THE BANKS NAMED HEREIN

as Banks

and

CITIBANK, N.A.

as Paying Agent

and

CITIBANK, N.A.

BANK OF AMERICA, N.A.

JPMORGAN CHASE BANK, N.A.

and

DEUTSCHE BANK AG NEW YORK BRANCH.

as Co-Administrative Agents

and

CITIGROUP GLOBAL MARKETS INC.

BANC OF AMERICA SECURITIES LLC

J.P. MORGAN SECURITIES INC.

and

DEUTSCHE BANK SECURITIES INC.

as Joint Lead Arrangers and Joint

Bookrunners

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	ARTICLE I
	 	 	 	 
	SECTION 1.01. Certain Defined Terms
	 	 	1	 
	SECTION 1.02. Computation of Time Periods
	 	 	11	 
	SECTION 1.03. Accounting Terms
	 	 	11	 
	 
	 	 	 	 
	ARTICLE II
	 	 	 	 
	SECTION 2.01. The Advances and Letters of Credit
	 	 	12	 
	SECTION 2.02. Making the Advances
	 	 	12	 
	SECTION 2.03. Issuance of and Drawings and Reimbursement Under Letters of Credit
	 	 	13	 
	SECTION 2.05. Optional Termination or Reduction of the Commitments
	 	 	15	 
	SECTION 2.06. Repayment of Advances
	 	 	15	 
	SECTION 2.07. Interest on Advances
	 	 	16	 
	SECTION 2.08. Interest Rate Determination
	 	 	16	 
	SECTION 2.09. Optional Conversion of Advances
	 	 	17	 
	SECTION 2.10. Prepayments of Advances
	 	 	18	 
	SECTION 2.12. Illegality
	 	 	19	 
	SECTION 2.13. Payments and Computations
	 	 	19	 
	SECTION 2.14. Taxes
	 	 	21	 
	SECTION 2.15. Sharing of Payments, Etc.
	 	 	22	 
	SECTION 2.16. Evidence of Debt
	 	 	23	 
	SECTION 2.17. Use of Proceeds
	 	 	23	 
	SECTION 2.18. Extension of Termination Date
	 	 	23	 
	SECTION 2.19. Increase in the Aggregate Commitments
	 	 	25	 
	 
	 	 	 	 
	ARTICLE III
	 	 	 	 

i

 

	 	 	 	 	 
	SECTION 3.01. Conditions Precedent to Effectiveness of Section 2.01
	 	 	26	 
	SECTION 3.02. Conditions Precedent to Each Borrowing, Letter of Credit
Issuance, Extension Date and Increase Date
	 	 	28	 
	SECTION 3.03. Determinations Under Section 3.01
	 	 	28	 
					
	 
	ARTICLE IV
	 	 	 	 
	SECTION 4.01. Representations and Warranties of the Borrower
	 	 	28	 
	SECTION 4.02. Representation and Warranty of the Lenders
	 	 	30	 
					
	 
	ARTICLE V
	 	 	 	 
	SECTION 5.01. Affirmative Covenants
	 	 	30	 
	SECTION 5.02. Negative Covenants
	 	 	33	 
	SECTION 5.03. Financial Covenants
	 	 	34	 
					
	 
	ARTICLE VI
	 	 	 	 
	SECTION 6.01. Events of Default
	 	 	34	 
	SECTION 6.02. Actions in Respect of the Letters of Credit upon Default
	 	 	36	 
					
	 
	ARTICLE VII
	 	 	 	 
	SECTION 7.01. Authorization and Action
	 	 	37	 
	SECTION 7.02. Agent’s Reliance, Etc.
	 	 	37	 
	SECTION 7.03. Citibank and Affiliates
	 	 	37	 
	SECTION 7.04. Lender Credit Decision
	 	 	37	 
	SECTION 7.05. Indemnification
	 	 	37	 
	SECTION 7.06. Successor Agent
	 	 	38	 
	SECTION 7.07. Sub-Agent
	 	 	39	 
	SECTION 7.08. Other Agents
	 	 	39	 
					
	 
	ARTICLE VIII
	 	 	 	 
	SECTION 8.01. Amendments, Etc.
	 	 	39	 

ii

 

	 	 	 	 	 
	SECTION 8.02. Notices, Etc.
	 	 	39	 
	 
	 	 	 	 
	SECTION 8.03. No Waiver; Remedies
	 	 	40	 
	 
	 	 	 	 
	SECTION 8.04. Costs and Expenses
	 	 	40	 
	 
	 	 	 	 
	SECTION 8.05. Right of Set-off
	 	 	41	 
	 
	 	 	 	 
	SECTION 8.06. Binding Effect
	 	 	41	 
	 
	 	 	 	 
	SECTION 8.07. Assignments and Participations
	 	 	41	 
	 
	 	 	 	 
	SECTION 8.08. Confidentiality
	 	 	43	 
	 
	 	 	 	 
	SECTION 8.09. Governing Law
	 	 	44	 
	 
	 	 	 	 
	SECTION 8.10. Execution in Counterparts
	 	 	44	 
	 
	 	 	 	 
	SECTION 8.11. Judgment
	 	 	44	 
	 
	 	 	 	 
	SECTION 8.12. Jurisdiction, Etc.
	 	 	45	 
	 
	 	 	 	 
	SECTION 8.13. Substitution of Currency
	 	 	45	 
	 
	 	 	 	 
	SECTION 8.14. No Liability of the Lenders as Letter of Credit Issuers
	 	 	45	 
	 
	 	 	 	 
	SECTION 8.15. Patriot Act
	 	 	45	 
	 
	 	 	 	 
	SECTION 8.16. Waiver of Jury Trial
	 	 	47	 

iii

 

Schedules

Schedule I — List of Applicable Lending Offices

Schedule 2.01(a) — Existing Letters of Credit

Schedule 5.02(a) — Existing Liens

Exhibits

Exhibit A  —  Form of Note

Exhibit B  —  Form of Notice of Borrowing

Exhibit C  —  Form of Assignment and Acceptance

Exhibit D  —  Form of Opinion of Counsel for the Borrower

ivEX-4.4

 

Exhibit 4.4

THE REGISTERED HOLDER OF THIS PURCHASE OPTION BY ITS ACCEPTANCE HEREOF, AGREES THAT IT WILL NOT
SELL, TRANSFER OR ASSIGN THIS PURCHASE OPTION EXCEPT AS HEREIN PROVIDED AND THE REGISTERED HOLDER
OF THIS PURCHASE OPTION AGREES THAT IT WILL NOT SELL, TRANSFER, ASSIGN, PLEDGE OR HYPOTHECATE THIS
PURCHASE OPTION FOR A PERIOD OF SIX MONTHS FOLLOWING THE EFFECTIVE DATE (DEFINED BELOW) TO ANYONE
OTHER THAN (I) AN UNDERWRITER OR A SELECTED DEALER IN CONNECTION WITH THE OFFERING, OR (II) A BONA
FIDE OFFICER OR PARTNER OF THE HOLDER OR OF ANY SUCH UNDERWRITER OR SELECTED DEALER.

THIS PURCHASE OPTION IS NOT EXERCISABLE PRIOR TO THE LATER OF THE CONSUMMATION BY LUMAX ACQUISITION
CORP. (THE “COMPANY”) OF A BUSINESS COMBINATION (AS DESCRIBED MORE FULLY IN THE COMPANY’S
REGISTRATION STATEMENT (DEFINED HEREIN)) AND      , 2008. VOID AFTER 5:00 P.M. NEW YORK CITY
LOCAL TIME,        , 2012.

UNIT PURCHASE OPTION

FOR THE PURCHASE OF

250,000 UNITS

OF

LUMAX ACQUISITION CORP.

	1.	 	Purchase Option.

     THIS CERTIFIES THAT, in consideration of a total of $100.00 duly paid by or on behalf of
Capital Growth Financial, LLC (the “Holder”), as registered owner of this Purchase Option,
to Lumax Acquisition Corp. (“Company”), Holder is entitled, at any time or from time to time upon
the later of the consummation of a Business Combination (as defined in the Registration Statement)
and      , 2008 (“Commencement Date”), and at or before 5:00 p.m., New York City
local time,        , 2012 (“Expiration Date”), but not thereafter, to subscribe for,
purchase and receive, in whole or in part, up to a total of two hundred fifty thousand (250,000)
units (“Units”) of the Company, each Unit consisting of one share of common stock of the
Company, par value $0.0001 per share (“Common Stock”), and two warrants
(“Warrant(s)”) expiring four years from the effective date (“Effective Date”) of
the registration statement (“Registration Statement”) pursuant to which Units are offered
for sale to the public (“Offering”). Each Warrant shall be substantially the same (other
than the exercise price thereof and the “cashless exercise provisions” thereof) as the warrants
included in the Units being registered for sale to the public by way of the Registration Statement
(“Public Warrants”). If the Expiration Date is a day on which banking institutions are
authorized by law to close, then this Purchase Option may be exercised on the next succeeding day
which is not such a day in accordance with the terms herein. During the period ending on the
Expiration Date, the Company agrees not to take any

 

 

action that would terminate this Purchase Option. This Purchase Option is initially
exercisable at $7.20 per Unit so purchased; provided, however, that upon the occurrence of any of
the events specified in Section 6 hereof, the rights granted by this Purchase Option, including the
exercise price per Unit and the number of Units (and shares of Common Stock and Warrants) to be
received upon such exercise, shall be adjusted as therein specified. The term “Exercise
Price” shall mean the initial exercise price or the adjusted exercise price, depending on the
context.

	2.	 	Exercise.

     2.1 Exercise Form. In order to exercise this Purchase Option, the exercise form attached hereto must be duly
executed and completed and delivered to the Company, together with this Purchase Option and payment
of the Exercise Price for the Units being purchased payable in cash or by certified check or
official bank check. If the subscription rights represented hereby shall not be exercised at or
before 5:00 p.m., New York City local time, on the Expiration Date this Purchase Option shall
become and be void without further force or effect, and all rights represented hereby shall cease
and expire.

     2.2 Legend. Each certificate for the securities purchased under this Purchase Option shall bear a legend
as follows unless such securities have been registered under the Securities Act of 1933, as amended
(“Act”):

“The securities represented by this certificate have not been registered under the
Securities Act of 1933, as amended (“Act”), or applicable state law. The
securities may not be offered for sale, sold or otherwise transferred except
pursuant to an effective registration statement under the Act, or pursuant to an
exemption from registration under the Act and applicable state law.”

     2.3 Cashless Exercise.

          2.3.1 Determination of Amount. In lieu of the payment of the Exercise Price
multiplied by the number of Units for which this Purchase Option is exercisable (and in lieu of
being entitled to receive Common Stock and Warrants) in the manner required by Section 2.1, the
Holder shall have the right (but not the obligation) to convert any exercisable but unexercised
portion of this Purchase Option into Units (“Conversion Right”) as follows: upon exercise
of the Conversion Right, the Company shall deliver to the Holder (without payment by the Holder of
any of the Exercise Price in cash) that number of Units (or that number of shares of Common Stock
and Warrants comprising that number of Units) equal to the quotient obtained by dividing (x) the
“Value” (as defined below) of the portion of the Purchase Option being converted by (y) the Current
Market Value (as defined below). The “Value” of the portion of the Purchase Option being converted
shall equal the remainder derived from subtracting (a) (i) the Exercise Price multiplied by (ii)
the number of Units underlying the portion of this Purchase Option being converted from (b) the
Current Market Value of a Unit multiplied by the number of Units underlying the portion of the
Purchase Option being converted. As used herein, the term “Current Market Value” per Unit at any
date means: (A) in the event that neither the Units nor Public Warrants are still trading, the remainder derived from subtracting (x) the exercise
price of the Warrants multiplied by the number of shares of Common Stock issuable upon exercise of
the Warrants underlying one Unit from (y) (i) the Current Market Price of the Common Stock

2

 

multiplied by (ii) the number of shares of Common Stock underlying one Unit, which shall include
the shares of Common Stock underlying the Warrants included in such Unit; (B) in the event that the
Units, Common Stock and Public Warrants are still trading, (i) if the Units are listed on a
national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or
NASD OTC Bulletin Board (or successor exchange), the last sale price of the Units in the principal
trading market for the Units as reported by the exchange, Nasdaq or the NASD, as the case may be,
on the last trading day preceding the date in question; or (ii) if the Units are not listed on a
national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or the
NASD OTC Bulletin Board (or successor exchange), but is traded in the residual over-the-counter
market, the closing bid price for Units on the last trading day preceding the date in question for
which such quotations are reported by the Pink Sheets, LLC or similar publisher of such quotations;
and (C) in the event that the Units are not still trading but the Common Stock and Public Warrants
underlying the Units are still trading, the Current Market Price of the Common Stock plus the
product of (x) the Current Market Price of the Public Warrants and (y) the number of shares of
Common Stock underlying the Warrants included in one Unit. The “Current Market Price” shall mean
(i) if the Common Stock (or Public Warrants, as the case may be) is listed on a national securities
exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or NASD OTC Bulletin Board
(or successor exchange), the last sale price of the Common Stock (or Public Warrants) in the
principal trading market for the Common Stock as reported by the exchange, Nasdaq or the NASD, as
the case may be, on the last trading day preceding the date in question; (ii) if the Common Stock
(or Public Warrants, as the case may be) is not listed on a national securities exchange or quoted
on the Nasdaq National Market, Nasdaq SmallCap Market or the NASD OTC Bulletin Board (or successor
exchange), but is traded in the residual over-the-counter market, the closing bid price for the
Common Stock (or Public Warrants) on the last trading day preceding the date in question for which
such quotations are reported by the Pink Sheets, LLC or similar publisher of such quotations; and
(iii) if the fair market value of the Common Stock cannot be determined pursuant to clause (i) or
(ii) above, such price as the Board of Directors of the Company shall determine, in good faith. In
the event the Public Warrants have expired and are no longer exercisable, no “Value” shall be
attributed to the Warrants underlying this Purchase Option. Additionally, in the event that this
Purchase Option is exercised pursuant to this Section 2.3 and the Public Warrants are still
trading, the “Value” shall be reduced by the difference between the Warrant Exercise Price and the
exercise price of the Public Warrants multiplied by the number of Warrants underlying the Units
included in the portion of this Purchase Option being converted.

          2.3.2 Mechanics of Cashless Exercise. The Cashless Exercise Right may be exercised by
the Holder on any business day on or after the Commencement Date and not later than the Expiration
Date by delivering the Purchase Option with the duly executed exercise form attached hereto with
the cashless exercise section completed to the Company, exercising the Cashless Exercise Right and
specifying the total number of Units the Holder will purchase pursuant to such Cashless Exercise
Right.

     2.4 No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Purchase Option, in no event will
the Company net cash settle the exercise of the Purchase Option or the Warrants underlying the
Purchase Option. The holder of the Purchase Option and the Warrants underlying the Purchase Option
may not exercise the Purchase Option or the Warrants underlying such Purchase Option unless a
registration statement is effective with

3

 

respect to the Common Stock underlying the Public Warrants
and, if the holder is not able to exercise the Purchase Option or underlying Warrants prior to
their expiration, the Purchase Option and/or the underlying Warrants, as applicable, will expire
worthless.

	3.	 	Transfer.

     3.1 General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will
not sell, transfer, assign, pledge or hypothecate this Purchase Option for a period of six months
following the Effective Date to anyone other than (i) an underwriter or a selected dealer in
connection with the Offering or (ii) a bona fide officer or partner of the Holder or of any such
underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers
to others may be made subject to compliance with or exemptions from applicable securities laws. In
order to make any permitted assignment, the Holder must deliver to the Company the assignment form
attached hereto duly executed and completed, together with this Purchase Option and payment of all
transfer taxes, if any, payable in connection therewith. The Company shall within five business
days transfer this Purchase Option on the books of the Company and shall execute and deliver a new
Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly
evidencing the right to purchase the aggregate number of Units purchasable hereunder or such
portion of such number as shall be contemplated by any such assignment.

     3.2 Restrictions Imposed by the Act. The securities evidenced by this Purchase Option shall not be transferred unless and until (i)
the Company has received the opinion of counsel for the Holder that the securities may be
transferred pursuant to an exemption from registration under the Act and applicable state
securities laws, the availability of which is established to the reasonable satisfaction of the
Company (the Company hereby agreeing that the opinion of Pillsbury Winthrop Shaw Pittman LLP shall
be deemed satisfactory evidence of the availability of an exemption), or (ii) a registration
statement or a post-effective amendment to the Registration Statement relating to such securities
has been filed by the Company and declared effective by the Securities and Exchange Commission (the
“Commission”) and compliance with applicable state securities law has been established. The
Company agrees that prior to the Commencement Date, it shall file with the Commission a
post-effective amendment to the Registration Statement, or a new registration statement, for the
registration, under the Act, of, and it shall take such action as is necessary to qualify for sale,
in those states in which the Warrants were initially offered by the Company, the Common Stock
issuable upon exercise of the Warrants. In either case, the Company will use its best efforts to
cause the same to become effective and to maintain the effectiveness of such registration statement
until the expiration or redemption of the Warrants in accordance with the provisions of this Agreement. The provisions of this paragraph may not be
modified, amended or deleted without the prior written consent of the Holder.

	4.	 	New Purchase Options to be Issued.

     4.1 Partial Exercise or Transfer. Subject to the restrictions in Section 3 hereof, this Purchase Option may be exercised or
assigned in whole or in part. In the event of the exercise or assignment hereof in part only, upon
surrender of this Purchase Option for cancellation, together with the duly executed exercise or
assignment form and funds sufficient to pay any Exercise

4

 

Price and/or transfer tax, the Company
shall cause to be delivered to the Holder without charge a new Purchase Option of like tenor to
this Purchase Option in the name of the Holder evidencing the right of the Holder to purchase the
number of Units purchasable hereunder as to which this Purchase Option has not been exercised or
assigned.

     4.2 Lost Certificate. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or
mutilation of this Purchase Option and of reasonably satisfactory indemnification or the posting of
a bond, the Company shall execute and deliver a new Purchase Option of like tenor and date. Any
such new Purchase Option executed and delivered as a result of such loss, theft, mutilation or
destruction shall constitute a substitute contractual obligation on the part of the Company.

	5.	 	Warrant Redemption.

     Notwithstanding anything to the contrary contained herein or in that certain Warrant
Agreement, dated as of      , 2007, between the Company and Continental Stock Transfer
& Trust Company, as Warrant Agent (the “Warrant Agreement”), (i) this Purchase Option
shall, to the extent not earlier exercised in full, be automatically exercised, immediately prior
to a redemption of the Company’s outstanding warrants pursuant to Section 6 of the Warrant
Agreement (provided that notice is provided to the Holder on the same terms as provided to the
holders of Warrants pursuant to the Warrant Agreement), and (ii) each Warrant that is part of a
Unit issued hereunder upon such automatic conversion shall be redeemed by the Company as part of
such redemption for the Redemption Price.

     As provided in the Warrant Agreement, the Company may not issue or deliver any securities
pursuant to the exercise of a Warrant and may not settle the Warrant exercise unless a registration
statement under the Act with respect to the Common Stock underlying the Public Warrants is
effective. In the event that a registration statement with respect to the Common Stock underlying
the Public Warrants is not effective under the Act, no holder of any Warrant shall be entitled to
exercise such Warrant and such Warrant may have no value and expire worthless. In no event may the
Company net cash settle the warrant exercise. Warrants may not be exercised by, or securities
issued to, any registered holder in any state in which such exercise would be unlawful. In the
event that a registration statement is not effective for the exercised Warrants, the purchaser of a
unit containing such Warrant will have paid the full purchase price for the unit solely for the
shares included in such unit.

	6.	 	Adjustments.

     6.1 Adjustments to Exercise Price and Number of Securities. The Exercise Price and the number of Units underlying this Purchase Option shall be subject to
adjustment from time to time as hereinafter set forth:

          6.1.1 Stock Dividends—Split-Ups. If after the date hereof, and subject to the
provisions of Section 6.3 below, the number of outstanding shares of Common Stock is increased by a
stock dividend payable in shares of Common Stock or by a split-up of shares of Common Stock or
other similar event, then, on the effective date thereof, the number of shares of Common Stock
underlying each of the Units purchasable hereunder shall be increased in proportion to

5

 

such increase in outstanding shares. In such case, the number of shares of Common Stock, and the
exercise price applicable thereto, underlying the Warrants underlying each of the Units purchasable
hereunder shall be adjusted in accordance with the terms of the Warrants (even though such Warrants
shall not yet have been issued). For example, if the Company declares a two-for-one stock dividend
and at the time of such dividend this Purchase Option is for the purchase of one Unit at $7.20 per
whole Unit (and each Warrant underlying the Units is exercisable for $6.00 per share), upon
effectiveness of the dividend, this Purchase Option will be adjusted to allow for the purchase of
one Unit at $7.20 per Unit, each Unit entitling the holder to receive two shares of Common Stock
and four Warrants (each Warrant exercisable for $3.00 per share).

          6.1.2 Aggregation of Shares. If after the date hereof, and subject to the provisions
of Section 6.3, the number of outstanding shares of Common Stock is decreased by a consolidation,
combination or reclassification of shares of Common Stock or other similar event, then, on the
effective date thereof, the number of shares of Common Stock underlying each of the Units
purchasable hereunder shall be decreased in proportion to such decrease in outstanding shares. In
such case, the number of shares of Common Stock, and the exercise price applicable thereto,
underlying the Warrants underlying each of the Units purchasable hereunder shall be adjusted in
accordance with the terms of the Warrants (even though such Warrants shall not yet have been
issued).

          6.1.3 Replacement of Securities upon Reorganization, etc. In case of any
reclassification or reorganization of the outstanding shares of Common Stock other than a change
covered by Section 6.1.1 or 6.1.2 hereof or that solely affects the par value of such shares of
Common Stock, or in the case of any merger or consolidation of the Company with or into another
corporation (other than a consolidation or merger in which the Company is the continuing
corporation and that does not result in any reclassification or reorganization of the outstanding
shares of Common Stock), or in the case of any sale or conveyance to another corporation or entity
of the property of the Company as an entirety or substantially as an entirety in connection with
which the Company is dissolved, the Holder of this Purchase Option shall have the right thereafter
(until the expiration of the right of exercise of this Purchase Option) to receive upon the
exercise hereof, for the same aggregate Exercise Price payable hereunder immediately prior to such
event, the kind and amount of shares of stock or other securities or property (including cash)
receivable upon such reclassification, reorganization, merger or consolidation, or upon a
dissolution following any such sale or transfer, by a Holder of the
number of shares of Common Stock of the Company obtainable upon exercise of this Purchase
Option and the underlying Warrants immediately prior to such event; and if any reclassification
also results in a change in shares of Common Stock covered by Section 6.1.1 or 6.1.2, then such
adjustment shall be made pursuant to Sections 6.1.1, 6.1.2 and this Section 6.1.3. The provisions
of this Section 6.1.3 shall similarly apply to successive reclassifications, reorganizations,
mergers or consolidations, sales or other transfers.

          6.1.4 Changes in Form of Purchase Option. This form of Purchase Option need not be
changed because of any change pursuant to this Section, and Purchase Options issued after such
change may state the same Exercise Price and the same number of Units as are stated in the Purchase
Options initially issued pursuant to this Agreement. The acceptance by any Holder of the issuance
of new Purchase Options reflecting a required or permissive change shall

6

 

not be deemed to waive any rights to an adjustment occurring after the Commencement Date or the computation thereof.

     6.2 Substitute Purchase Option. In case of any consolidation of the Company with, or merger of the Company with, or merger of
the Company into, another corporation (other than a consolidation or merger which does not result
in any reclassification or change of the outstanding Common Stock), the corporation formed by such
consolidation or merger shall execute and deliver to the Holder a supplemental Purchase Option
providing that the holder of each Purchase Option then outstanding or to be outstanding shall have
the right thereafter (until the stated expiration of such Purchase Option) to receive, upon
exercise of such Purchase Option, the kind and amount of shares of stock and other securities and
property receivable upon such consolidation or merger, by a holder of the number of shares of
Common Stock of the Company for which such Purchase Option might have been exercised immediately
prior to such consolidation, merger, sale or transfer. Such supplemental Purchase Option shall
provide for adjustments which shall be identical to the adjustments provided in Section 6. The
above provision of this Section shall similarly apply to successive consolidations or mergers.

     6.3 Elimination of Fractional Interests. The Company shall not be required to issue certificates representing fractions of shares of
Common Stock or Warrants upon the exercise of this Purchase Option, nor shall it be required to
issue scrip or pay cash in lieu of any fractional interests, it being the intent of the parties
that all fractional interests shall be eliminated by rounding any fraction up or down to the
nearest whole number of Warrants, shares of Common Stock or other securities, properties or rights.

	7.	 	Reservation and Listing.

     The Company shall at all times reserve and keep available out of its authorized shares of
Common Stock, solely for the purpose of issuance upon exercise of this Purchase Option or the
Warrants underlying this Purchase Option, such number of shares of Common Stock or other
securities, properties or rights as shall be issuable upon the exercise thereof. The Company
covenants and agrees that, upon exercise of this Purchase Option and payment of the Exercise Price
therefor, all shares of Common Stock and other securities issuable upon such exercise shall
be duly and validly issued, fully paid and non-assessable and not subject to preemptive rights
of any stockholder. The Company further covenants and agrees that upon exercise of the Warrants
underlying this Purchase Option and payment of the respective Warrant exercise price therefor, all
shares of Common Stock and other securities issuable upon such exercise shall be duly and validly
issued, fully paid and non-assessable and not subject to preemptive rights of any stockholder. As
long as this Purchase Option shall be outstanding, the Company shall use its best efforts to cause
all (i) Units issuable upon exercise of this Purchase Option, (ii) shares of Common Stock included
in the Units issuable upon exercise of this Purchase Option, (iii) Warrants included in the Units
issuable upon exercise of this Purchase Option and (iv) shares of Common Stock issuable upon
exercise of the Warrants included in the Units issuable upon exercise of this Purchase Option to be
listed (subject to official notice of issuance) on all securities exchanges (or, if applicable on
the Nasdaq National Market, SmallCap Market, OTC Bulletin Board or any successor trading market) on
which the Units, the Common Stock or the Public Warrants issued to the public in connection
herewith may then be listed and/or quoted.

7

 

	8.	 	Certain Notice Requirements.

     8.1 Holder’s Right to Receive Notice. Nothing herein shall be construed as conferring upon the Holders the right to vote or consent
as a stockholder for the election of directors or any other matter, or as having any rights
whatsoever as a stockholder of the Company. If, however, at any time prior to the expiration of
this Purchase Option and its exercise, any of the events described in Section 8.2 shall be
proposed, then, in one or more of said events, the Company shall give written notice of such event
at least fifteen days prior to the date fixed as a record date or the date of closing the transfer
books for the determination of the stockholders entitled to such dividend, distribution, conversion
or exchange of securities or subscription rights, or entitled to vote on (or notice of) such
proposed dissolution, liquidation, winding up or sale, or entitled to such notice of redemption
pursuant to Section 5 hereof. Such notice shall specify such record date or the date of the closing
of the transfer books, as the case may be. Notwithstanding the foregoing, the Company shall deliver
to each Holder a copy of each notice given to the other stockholders of the Company at the same
time and in the same manner that such notice is given to the stockholders.

     8.2 Events Requiring Notice. The Company shall be required to give the notice described in this Section 8 upon one or more
of the following events: (i) if the Company shall take a record of the holders of its shares of
Common Stock for the purpose of entitling them to receive a dividend or distribution payable
otherwise than in cash, or a cash dividend or distribution payable otherwise than out of retained
earnings, as indicated by the accounting treatment of such dividend or distribution on the books of
the Company, (ii) the Company shall offer to all the holders of its Common Stock any additional
shares of capital stock of the Company or securities convertible into or exchangeable for shares of
capital stock of the Company, or any option, right or warrant to subscribe therefor, (iii) a
dissolution, liquidation or winding up of the Company (other than in connection with a
consolidation or merger) or a sale of all or substantially all of its property, assets and business
shall be proposed, (iv) if the Company shall delivery a notice to holders of the warrants of a
redemption pursuant to Section 6.2 of the Warrant Agreement or (v) if the Company shall
deliver a notice to the Holder pursuant to Section 5 of this Purchase Option.

     8.3 Notice of Change in Exercise Price. The Company shall, promptly after an event requiring a change in the Exercise Price pursuant
to Section 6 hereof, send notice to the Holders of such event and change (“Price Notice”).
The Price Notice shall describe the event causing the change and the method of calculating same and
shall be certified as being true and accurate by the Company’s President and Chief Executive
Officer.

     8.4 Transmittal of Notices. All notices, requests, consents and other communications under this Purchase Option shall be
in writing and shall be deemed to have been duly made when hand delivered, or mailed by express
mail or private courier service:

(i) if to the registered Holder of this Purchase Option, to the address of such Holder as
shown on the books of the Company, with a copy to:

8

 

Greenberg Traurig, P.A.

777 South Flagler Drive

Suite 300 East

West Palm Beach, Florida 33401

Attention: Morris C. Brown, Esq.

or (ii) if to the Company, to the following address or to such other address as the Company
may designate by notice to the Holders:

Lumax Acquisition Corp.

509 Madison Avenue, Suite 1510

New York, New York 10022

Attention: Scott W. Hartman

With a copy to:

Pillsbury Winthrop Shaw Pittman LLP

1540 Broadway

New York, New York 10036

Attn: Ronald A. Fleming, Jr., Esq.

	9.	 	Miscellaneous.

     9.1 Amendments. The Company and the Holder may from time to time supplement or amend this Purchase Option
without the approval of any of the Holders in order to cure any ambiguity, to correct or supplement
any provision contained herein that may be defective or inconsistent with any other
provisions herein, or to make any other provisions in regard to matters or questions arising
hereunder that the Company and the Holder may deem necessary or desirable and that the Company and
the Holder deem shall not adversely affect the interest of the Holders. All other modifications or
amendments shall require the written consent of and be signed by the party against whom enforcement
of the modification or amendment is sought.

     9.2 Headings. The headings contained herein are for the sole purpose of convenience of reference, and shall
not in any way limit or affect the meaning or interpretation of any of the terms or provisions of
this Purchase Option.

     9.3 Entire Agreement. This Purchase Option (together with the other agreements and documents being delivered
pursuant to or in connection with this Purchase Option) constitutes the entire agreement of the
parties hereto with respect to the subject matter hereof, and supersedes all prior agreements and
understandings of the parties, oral and written, with respect to the subject matter hereof.

     9.4 Binding Effect. This Purchase Option shall inure solely to the benefit of and shall be binding upon, the
Holder and the Company and their permitted assignees, respective successors, legal representative
and assigns, and no other person shall have or be construed to have any legal or equitable right,
remedy or claim under or in respect of or by virtue of this Purchase Option or any provisions
herein contained.

9

 

     9.5 Governing Law; Submission to Jurisdiction. This Purchase Option shall be governed by and construed and enforced in accordance with the
laws of the State of New York, without giving effect to conflict of laws. The Company hereby agrees
that any action, proceeding or claim against it arising out of, or relating in any way to this
Purchase Option may be brought and enforced in the courts of the State of New York or of the United
States of America for the Southern District of New York, and irrevocably submits to such
jurisdiction. Any process or summons to be served upon the Company may be served by transmitting a
copy thereof by registered or certified mail, return receipt requested, postage prepaid, addressed
to it at the address set forth in Section 8 hereof. Such mailing shall be deemed personal service
and shall be legal and binding upon the Company in any action, proceeding or claim. The Company and
the Holder agree that the prevailing party(ies) in any such action shall be entitled to recover
from the other party(ies) all of its reasonable attorneys’ fees and expenses relating to such
action or proceeding and/or incurred in connection with the preparation therefor.

     9.6 Waiver, Etc. The failure of the Company or the Holder to at any time enforce any of the provisions of this
Purchase Option shall not be deemed or construed to be a waiver of any such provision, nor to in
any way affect the validity of this Purchase Option or any provision hereof or the right of the
Company or any Holder to thereafter enforce each and every provision of this Purchase
Option. No waiver of any breach, non-compliance or non-fulfillment of any of the provisions of
this Purchase Option shall be effective unless set forth in a written instrument executed by the
party or parties against whom or which enforcement of such waiver is sought; and no waiver of any
such breach, non-compliance or non-fulfillment shall be construed or deemed to be a waiver of any
other or subsequent breach or non-compliance.

     9.7 Execution in Counterparts. This Purchase Option may be executed in one or more counterparts, and by the different parties
hereto in separate counterparts, each of which shall be deemed to be an original, but all of which
taken together shall constitute one and the same agreement, and shall become effective when one or
more counterparts has been signed by each of the parties hereto and delivered to each of the other
parties hereto.

     9.8 Exchange Agreement. As a condition of the Holder’s receipt and acceptance of this Purchase Option, Holder agrees
that, at any time prior to the complete exercise of this Purchase Option by Holder, if the Company
and the Holder enter into an agreement (“Exchange Agreement”) pursuant to which they agree
that all outstanding Purchase Options will be exchanged for securities or cash or a combination of
both, then Holder shall agree to such exchange and become a party to the Exchange Agreement.

[Remainder of this page intentionally left blank; signature page follows.]

10

 

     IN WITNESS WHEREOF, the Company has caused this Purchase Option to be signed by its duly
authorized officer as of the            day of      , 2007.

	 	 	 	 	 
	 	LUMAX ACQUISITION CORP. 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

 

 

Form to be used to exercise Purchase Option:

Lumax Acquisition Corp.

509 Madison Avenue, Suite 1510

New York, New York 10022

Attention: Scott W. Hartman

Date:                     , 20     

     The undersigned hereby elects irrevocably to exercise all or a portion of the within Purchase
Option and to purchase                     Units of Lumax Acquisition Corp. and hereby makes payment of
$                     (at the rate of $7.20 per Unit) in payment of the Exercise Price pursuant thereto.
Please issue the Common Stock and Warrants as to which this Purchase Option is exercised in
accordance with the instructions given below.

or

     The undersigned hereby elects irrevocably to convert its right to purchase                     Units
purchasable under the within Purchase Option by surrender of the unexercised portion of the
attached Purchase Option (with a “Value” based of $                     based on a “Market Price” of

     $                    ). Please issue the securities comprising the Units as to which this Purchase
Option is exercised in accordance with the instructions given below.

	 	 	 
	 

	 	NOTICE: The signature to this assignment must
correspond with the name as written upon the face
of the purchase option in every particular,
without alteration or enlargement or any change
whatever.
	Signature(s) Guaranteed:
	 	 

THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS,
SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE
MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15).

INSTRUCTIONS FOR REGISTRATION OF SECURITIES

	 	 	 	 	 
	Name
	 	 	 	 
	 

	 	(Print in Block Letters)
	 	 
	 
	 	 	 	 
	Address
	 	 	 	 

12

 

Form to be used to assign Purchase Option:

ASSIGNMENT

(To be executed by the registered Holder to effect a transfer of the within Purchase Option):

     FOR VALUE RECEIVED,                                          does hereby sell, assign and transfer unto
the right to purchase                     Units of Lumax Acquisition Corp. (“Company”)
evidenced by the within Purchase Option and does hereby authorize the Company to transfer such
right on the books of the Company.

Dated:                      , 200     

	 	 	 	 	 
	 

	 	Signature	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 	 	NOTICE: The signature to this assignment must
correspond with the name as written upon the face
of the purchase option in every particular,
without alteration or enlargement or any change
whatever.
	Signature(s) Guaranteed:
	 	 	 	 

THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS,
SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE
MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15).

13

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