Document:

EXHIBIT
      10.1

     

    
      

      

    

    

     

    Published
      CUSIP Number: 00831JAF0

     

    CREDIT
      AGREEMENT

    

    Dated
      as
      of March 21, 2006

    

    Among

    

    AFTERMARKET
      TECHNOLOGY CORP.,

     

    and

    

    CERTAIN
      SUBSIDIARIES

    

    as
      Borrowers,

    

    BANK
      OF AMERICA, N.A.,

    as
      Administrative Agent, Swing Line Lender and L/C Issuer,

    

    and

     

    The
      Other
      Lenders Party Hereto

    

    BANC
      OF AMERICA SECURITIES LLC,
      and

    J.P.
      MORGAN SECURITIES INC.,

    as
      Joint
      Lead Arrangers and Joint Book Managers

    

    JPMORGAN
      CHASE BANK, N.A.,

    as
      Syndication Agent

    and
      L/C
      Issuer

    

    and

    

    WELLS
      FARGO BANK, N.A. and

    CHARTER
      ONE BANK, N.A.,
      

    as
      Co-Documentation Agents

     

     

    
      

      

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      
            

          
            
              
                	
                        ARTICLE
                          I

                      	
                        DEFINITIONS
                          AND ACCOUNTING TERMS

                      	
                        1

                      
	
                        1.01

                      	
                        Defined
                          Terms

                      	
                        1

                      
	
                        1.02

                      	
                        Other
                          Interpretive Provisions

                      	
                        23

                      
	
                        1.03

                      	
                        Accounting
                          Terms

                      	
                        24

                      
	
                        1.04

                      	
                        Rounding

                      	
                        24

                      
	
                        1.05

                      	
                        Exchange
                          Rates; Currency Equivalents

                      	
                        24

                      
	
                        1.06

                      	
                        Additional
                          Alternative Currencies

                      	
                        24

                      
	
                        1.07

                      	
                        Change
                          of Currency

                      	
                        25

                      
	
                        1.08

                      	
                        Times
                          of Day

                      	
                        26

                      
	
                        1.09

                      	
                        Letter
                          of Credit Amounts

                      	
                        26

                      
	 	 	 
	
                        ARTICLE
                          II.

                      	
                        THE
                          COMMITMENTS AND CREDIT EXTENSIONS

                      	
                        26

                      
	
                        2.01

                      	
                        Committed
                          Loans

                      	
                        26

                      
	
                        2.02

                      	
                        Borrowings,
                          Conversions and Continuations of Committed Loans

                      	
                        26

                      
	
                        2.03

                      	
                        Letters
                          of Credit

                      	
                        28

                      
	
                        2.04

                      	
                        Swing
                          Line Loans

                      	
                        36

                      
	
                        2.05

                      	
                        Prepayments

                      	
                        39

                      
	
                        2.06

                      	
                        Termination
                          or Reduction of Commitments

                      	
                        40

                      
	
                        2.07

                      	
                        Repayment
                          of Loans

                      	
                        40

                      
	
                        2.08

                      	
                        Interest

                      	
                        40

                      
	
                        2.09

                      	
                        Fees

                      	
                        41

                      
	
                        2.10

                      	
                        Computation
                          of Interest and Fees

                      	
                        41

                      
	
                        2.11

                      	
                        Evidence
                          of Debt

                      	
                        42

                      
	
                        2.12

                      	
                        Payments
                          Generally; Administrative Agent’s Clawback

                      	
                        42

                      
	
                        2.13

                      	
                        Sharing
                          of Payments by Lenders

                      	
                        44

                      
	
                        2.14

                      	
                        Designated
                          Borrowers

                      	
                        44

                      
	
                        2.15

                      	
                        Increase
                          in Commitments

                      	
                        45

                      
	
                         

                      	 	 
	
                        ARTICLE
                          III.

                      	
                        TAXES,
                          YIELD PROTECTION AND ILLEGALITY

                      	
                        46

                      
	
                        3.01

                      	
                        Taxes

                      	
                        46

                      
	
                        3.02

                      	
                        Illegality

                      	
                        48

                      
	
                        3.03

                      	
                        Inability
                          to Determine Rates

                      	
                        49

                      
	
                        3.04

                      	
                        Increased
                          Costs

                      	
                        49

                      
	
                        3.05

                      	
                        Compensation
                          for Losses

                      	
                        51

                      
	
                        3.06

                      	
                        Mitigation
                          Obligations; Replacement of Lenders

                      	
                        51

                      
	
                        3.07

                      	
                        Survival

                      	
                        52

                      
	 	 	 
	
                        ARTICLE
                          IV.

                      	
                        CONDITIONS
                          PRECEDENT TO CREDIT EXTENSIONS

                      	
                        52

                      
	
                        4.01

                      	
                        Conditions
                          of Initial Credit Extension

                      	
                        52

                      
	
                        4.02

                      	
                        Conditions
                          to all Credit Extensions

                      	
                        54

                      
	
                         

                      	 	 
	
                        ARTICLE
                          V.

                      	
                        REPRESENTATIONS
                          AND WARRANTIES

                      	
                        55

                      
	
                        5.01

                      	
                        Existence,
                          Qualification and Power

                      	
                        55

                      
	
                        5.02

                      	
                        Authorization;
                          No Contravention

                      	
                        55

                      
	
                        5.03

                      	
                        Governmental
                          Authorization; Other Consents

                      	
                        55

                      
	
                        5.04

                      	
                        Binding
                          Effect

                      	
                        55

                      
	
                        5.05

                      	
                        Financial
                          Statements; No Material Adverse Effect; No Internal Control
                          Event

                      	
                        55

                      
	
                        5.06

                      	
                        Litigation

                      	
                        56

                      
	
                        5.07

                      	
                        No
                          Default

                      	
                        56

                      
	
                        5.08

                      	
                        Ownership
                          of Property; Liens

                      	
                        56

                      

              

            

          

        

         

        
          
            
            

          

          
            i

            
              

            

          

          
            
            

          

        

        

          
            	
                    TABLE
                      OF CONTENTS

                    (CONTINUED)

                  
	
                    Section

                  	 	
                    Page

                  
	
                    5.09

                  	
                    Environmental
                      Compliance

                  	
                    56

                  
	
                    5.10

                  	
                    Insurance

                  	
                    57

                  
	
                    5.11

                  	
                    Taxes

                  	
                    57

                  
	
                    5.12

                  	
                    ERISA
                      Compliance

                  	
                    57

                  
	
                    5.13

                  	
                    Subsidiaries;
                      Equity Interests

                  	
                    57

                  
	
                    5.14

                  	
                    Margin
                      Regulations; Investment Company Act; Public Utility Holding
                      Company
                      Act

                  	
                    58

                  
	
                    5.15

                  	
                    Disclosure

                  	
                    58

                  
	
                    5.16

                  	
                    Compliance
                      with Laws

                  	
                    58

                  
	
                    5.17

                  	
                    Taxpayer
                      Identification Number; Other Identifying Information

                  	
                    58

                  
	
                    5.18

                  	
                    Intellectual
                      Property; Licenses, Etc

                  	
                    58

                  
	
                    5.19

                  	
                    Representations
                      as to Foreign Obligors

                  	
                    59

                  
	 	 	 
	
                    ARTICLE
                      VI.

                  	
                    AFFIRMATIVE
                      COVENANTS

                  	
                    60

                  
	
                    6.01

                  	
                    Financial
                      Statements

                  	
                    60

                  
	
                    6.02

                  	
                    Certificates;
                      Other Information

                  	
                    61

                  
	
                    6.03

                  	
                    Notices

                  	
                    62

                  
	
                    6.04

                  	
                    Payment
                      of Obligations

                  	
                    63

                  
	
                    6.05

                  	
                    Preservation
                      of Existence, Etc

                  	
                    63

                  
	
                    6.06

                  	
                    Maintenance
                      of Properties

                  	
                    63

                  
	
                    6.07

                  	
                    Maintenance
                      of Insurance

                  	
                    63

                  
	
                    6.08

                  	
                    Compliance
                      with Laws

                  	
                    63

                  
	
                    6.09

                  	
                    Books
                      and Records

                  	
                    63

                  
	
                    6.10

                  	
                    Inspection
                      Rights

                  	
                    64

                  
	
                    6.11

                  	
                    Use
                      of Proceeds

                  	
                    64

                  
	
                    6.12

                  	
                    Approvals
                      and Authorizations

                  	
                    64

                  
	
                    6.13

                  	
                    Additional
                      Collateral; Additional Subsidiary Guarantors

                  	
                    64

                  
	
                    6.14

                  	
                    Further
                      Assurances

                  	
                    65

                  
	
                    6.15

                  	
                    Real
                      Property Matters

                  	
                    65

                  
	 	 	 
	
                    ARTICLE
                      VII.

                  	
                    NEGATIVE
                      COVENANTS

                  	
                    66

                  
	
                    7.01

                  	
                    Liens

                  	
                    66

                  
	
                    7.02

                  	
                    Investments

                  	
                    67

                  
	
                    7.03

                  	
                    Indebtedness

                  	
                    68

                  
	
                    7.04

                  	
                    Fundamental
                      Changes

                  	
                    69

                  
	
                    7.05

                  	
                    Dispositions

                  	
                    69

                  
	
                    7.06

                  	
                    Restricted
                      Payments

                  	
                    70

                  
	
                    7.07

                  	
                    Change
                      in Nature of Business; Creation of Subsidiaries

                  	
                    70

                  
	
                    7.08

                  	
                    Transactions
                      with Affiliates

                  	
                    70

                  
	
                    7.09

                  	
                    Burdensome
                      Agreements

                  	
                    70

                  
	
                    7.10

                  	
                    Use
                      of Proceeds

                  	
                    70

                  
	
                    7.11

                  	
                    Off-Balance
                      Sheet Arrangements

                  	
                    71

                  
	
                    7.12

                  	
                    Financial
                      Covenants

                  	
                    71

                  
	 	 	 
	
                    ARTICLE
                      VIII.

                  	
                    EVENTS
                      OF DEFAULT AND REMEDIES

                  	
                    71

                  
	
                    8.01

                  	
                    Events
                      of Default

                  	
                    71

                  
	
                    8.02

                  	
                    Remedies
                      Upon Event of Default

                  	
                    73

                  
	
                    8.03

                  	
                    Application
                      of Funds

                  	
                    73

                  

          

           

        

      

    

    
      
        
        

      

      
        ii

        
          

        

      

      
        
        

      

    

    

      
        	
                TABLE
                  OF CONTENTS

                (CONTINUED)

              
	
                Section

              	 	
                Page

              
	
                ARTICLE
                  IX.

              	
                ADMINISTRATIVE
                  AGENT

              	
                74

              
	
                9.01

              	
                Appointment
                  and Authority

              	
                74

              
	
                9.02

              	
                Rights
                  as a Lender

              	
                74

              
	
                9.03

              	
                Exculpatory
                  Provisions

              	
                75

              
	
                9.04

              	
                Reliance
                  by Administrative Agent

              	
                75

              
	
                9.05

              	
                Delegation
                  of Duties

              	
                76

              
	
                9.06

              	
                Resignation
                  of Administrative Agent

              	
                76

              
	
                9.07

              	
                Non-Reliance
                  on Administrative Agent and Other Lenders

              	
                77

              
	
                9.08

              	
                No
                  Other Duties, Etc.

              	
                77

              
	
                9.09

              	
                Administrative
                  Agent May File Proofs of Claim

              	
                77

              
	
                9.10

              	
                Collateral
                  and Guaranty Matters

              	
                78

              
	
                 

              	 	 
	
                ARTICLE
                  X.

              	
                MISCELLANEOUS

              	 
	
                10.01

              	
                Amendments,
                  Etc.

              	
                78

              
	
                10.02

              	
                Notices;
                  Effectiveness; Electronic Communication

              	
                80

              
	
                10.03

              	
                No
                  Waiver; Cumulative Remedies

              	
                82

              
	
                10.04

              	
                Expenses;
                  Indemnity; Damage Waiver

              	
                82

              
	
                10.05

              	
                Payments
                  Set Aside

              	
                83

              
	
                10.06

              	
                Successors
                  and Assigns

              	
                84

              
	
                10.07

              	
                Treatment
                  of Certain Information; Confidentiality

              	
                87

              
	
                10.08

              	
                Right
                  of Setoff

              	
                88

              
	
                10.09

              	
                Interest
                  Rate Limitation

              	
                88

              
	
                10.10

              	
                Counterparts;
                  Integration; Effectiveness

              	
                88

              
	
                10.11

              	
                Survival
                  of Representations and Warranties

              	
                89

              
	
                10.12

              	
                Severability

              	
                89

              
	
                10.13

              	
                Replacement
                  of Lenders

              	
                89

              
	
                10.14

              	
                Governing
                  Law; Jurisdiction; Etc.

              	
                90

              
	
                10.15

              	
                Waiver
                  of Jury Trial

              	
                90

              
	
                10.16

              	
                No
                  Advisory or Fiduciary Responsibility

              	
                91

              
	
                10.17

              	
                USA
                  PATRIOT Act Notice

              	
                91

              
	
                10.18

              	
                Judgment
                  Currency

              	
                91

              
	 	 	 
	
                SIGNATURES

              	
                S-1

              

      

     

    
      
        
        

      

      
        iii

        
          

        

      

      
        
        

      

    

     

    

      
        	
                SCHEDULES

              
	
                A

              	
                Mortgaged
                  Properties

              
	
                1.01

              	
                Mandatory
                  Cost Formulae

              
	
                2.01

              	
                Commitments
                  and Applicable Percentages

              
	
                2.03

              	
                Existing
                  Letters of Credit

              
	
                5.09

              	
                Environmental
                  Matters

              
	
                5.13

              	
                Subsidiaries;
                  Other Equity Investments

              
	
                7.01

              	
                Existing
                  Liens

              
	
                7.03

              	
                Existing
                  Indebtedness

              
	
                10.02

              	
                Administrative
                  Agent’s Office; Certain Addresses for
                  Notices

              

      

    
    

    
      	
              EXHIBITS

            
	
              Form
                of

            
	
              A

            	
              Committed
                Loan Notice

            
	
              B

            	
              Swing
                Line Loan Notice

            
	
              C

            	
              Note

            
	
              D

            	
              Compliance
                Certificate

            
	
              E

            	
              Assignment
                and Assumption

            
	
              F

            	
              Guaranty
                and Collateral Agreement

            
	
              G

            	
              Designated
                Borrower Request and Assumption Agreement

            
	
              H

            	
              Designated
                Borrower Notice

            
	
              I-1
                and 

            	
               

            
	
              I-2

            	
              Opinion
                Matters

            

    

    
      
        
        

      

      
        iv

        
          

        

      

      
        
        

      

    

     

    CREDIT
      AGREEMENT

    

    This
      CREDIT AGREEMENT (“Agreement”)
      is
      entered into as of March 21,
      2006, among
      AFTERMARKET TECHNOLOGY CORP., a Delaware corporation (the “Company”),
      certain Subsidiaries of the Company party hereto pursuant to Section 2.14
      (each a
“Designated
      Borrower”
and,
      together with the Company, the “Borrowers”
and,
      each a “Borrower”),
      each
      lender from time to time party hereto (collectively, the “Lenders”
and
      individually, a “Lender”),
      BANK
      OF AMERICA, N.A.,
      as
      Administrative Agent, Swing Line Lender and L/C Issuer, JPMORGAN CHASE BANK,
      N.A., as Syndication Agent and L/C Issuer, WELLS FARGO BANK, N.A., as
      Co-Documentation Agent and CHARTER ONE BANK, N.A., as Co-Documentation
      Agent.

    

    The
      Company has requested that the Lenders provide a revolving credit facility,
      and
      the Lenders are willing to do so on the terms and conditions set forth
      herein.

    

    In
      consideration of the mutual covenants and agreements herein contained, the
      parties hereto covenant and agree as follows:

    

    ARTICLE
      I.

    DEFINITIONS
      AND ACCOUNTING TERMS

    

    1.01  Defined
      Terms.
      As used
      in this Agreement, the following terms shall have the meanings set forth
      below:

    

    “Acquisition”
means
      the acquisition of (i) a controlling equity interest in another Person
      (including the purchase of an option, warrant or convertible or similar type
      of
      security to acquire such a controlling interest at the time it becomes
      exercisable by the holder thereof), whether by purchase of such equity interest
      or upon exercise of an option or warrant for, or conversion of securities into,
      such equity interest, or (ii) assets of another Person which constitute all
      or
      substantially all of the assets of such Person or of a line or lines of business
      conducted by such Person.

    

    “Administrative
      Agent”
means
      Bank of America in its capacity as administrative agent under any of the Loan
      Documents, or any successor administrative agent.

    

    “Administrative
      Agent’s
      Office”
means,
      with respect to any currency, the Administrative Agent’s
      address
      and, as appropriate, account as set forth on Schedule 10.02
      with
      respect to such currency, or such other address or account with respect to
      such
      currency as the Administrative Agent may from time to time notify to the Company
      and the Lenders.

    

    “Administrative
      Questionnaire”
means
      an Administrative Questionnaire in a form supplied by the Administrative
      Agent.

    

    “Affiliate”
means,
      with respect to any Person, another Person that directly, or indirectly through
      one or more intermediaries, Controls or is Controlled by or is under common
      Control with the Person specified.

    

    “Aggregate
      Commitments”
means
      the Commitments of all the Lenders.

    

    “Agreement”
means
      this Credit Agreement.

    

    “Alternative
      Currency”
means
      each of Euro, Sterling and
      each
      other currency (other than Dollars) that is approved in accordance with
Section 1.06.

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    “Alternative
      Currency Equivalent”
means,
      at any time, with respect to any amount denominated in Dollars, the equivalent
      amount thereof in the applicable Alternative Currency as determined by the
      Administrative Agent or an L/C Issuer, as the case may be, at such time on
      the
      basis of the Spot Rate (determined in respect of the most recent Revaluation
      Date) for the purchase of such Alternative Currency with Dollars.

    

    “Alternative
      Currency Sublimit”
means
      an amount equal to the lesser of the Aggregate Commitments and $10,000,000.
      The
      Alternative Currency Sublimit is part of, and not in addition to, the Aggregate
      Commitments.

    

    “Applicable
      Percentage”
means
      with respect to any Lender at any time, the percentage (carried out to the
      ninth
      decimal place) of the Aggregate Commitments represented by such Lender’s
      Commitment at such time. If the commitment of each Lender to make Loans and
      the
      obligation of the L/C Issuers to make L/C Credit Extensions have been terminated
      pursuant to Section
      8.02
      or if
      the Aggregate Commitments have expired, then the Applicable Percentage of each
      Lender shall be determined based on the Applicable Percentage of such Lender
      most recently in effect, giving effect to any subsequent assignments. The
      initial Applicable Percentage of each Lender is set forth opposite the name
      of
      such Lender on Schedule
      2.01
      or in
      the Assignment and Assumption pursuant to which such Lender becomes a party
      hereto, as applicable.

    

    “Applicable
      Rate”
means,
      subject to the last sentence in this definition, the following percentages
      per
      annum, based upon the Consolidated Leverage Ratio as set forth in the most
      recent Compliance Certificate received by the Administrative Agent pursuant
      to
Section 6.02(b):

    

    
      	
              Applicable
                Rate

            
	
              Pricing
                Level

            	
              Consolidated
                Leverage Ratio

            	
              Commitment
                Fee

            	
              Eurocurrency
                Rate +

              Letters
                of Credit

            	
              Base
                Rate +

            
	
              1

            	
              <1.00:1

            	
              0.20%

            	
              1.00%

            	
              0.00%

            
	
              2

            	
              ≥1.00:1
                but <1.75:1

            	
              0.25%

            	
              1.25%

            	
              0.25%

            
	
              3

            	
              ≥1.75:1
                but <2.50:1

            	
              0.30%

            	
              1.50%

            	
              0.50%

            
	
              4

            	
              ≥2.50:1

            	
              0.35%

            	
              1.75%

            	
              0.75%

            

    

    

    Subject
      to the last sentence in this definition, any increase or decrease in the
      Applicable Rate resulting from a change in the Consolidated Leverage Ratio
      shall
      become effective as of the first Business Day immediately following the date
      a
      Compliance Certificate is delivered pursuant to Section
      6.02(b);
      provided,
      however,
      that if
      a Compliance Certificate is not delivered when due in accordance with such
      Section, then Pricing Level 4 shall apply as of the first Business Day after
      the
      date on which such Compliance Certificate was required to have been delivered
      until the date such Compliance Certificate is delivered. The Applicable Rate
      in
      effect from the Closing Date through May 15, 2006 shall be determined based
      upon
      Pricing Level 1.

    

    “Applicable
      Time”
means,
      with respect to any borrowings and payments in any Alternative Currency, the
      local time in the place of settlement for such Alternative Currency as may
      be
      determined by the Administrative Agent or any L/C Issuer, as the case may be,
      to
      be necessary for timely settlement on the relevant date in accordance with
      normal banking procedures in the place of payment.

    

    “Applicant
      Borrower”
has
      the
      meaning specified in Section 2.14.

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    “Approved
      Fund”
means
      any Fund that is administered or managed by (a) a Lender, (b) an Affiliate
      of a
      Lender or (c) an entity or an Affiliate of an entity that administers or manages
      a Lender.

    

    “Arrangers”
means
      Banc of America Securities
      LLC and J.P. Morgan Securities Inc., in their capacity as joint lead arrangers
      and joint book managers.

    

    “Assignee
      Group”
means
      two or more Eligible Assignees that are Affiliates of one another or two or
      more
      Approved Funds managed by the same investment advisor.

    

    “Assignment
      and Assumption”
means
      an assignment and assumption entered into by a Lender and an assignee (with
      the
      consent of any party whose consent is required by Section
      10.06(b)),
      and
      accepted by the Administrative Agent, in substantially the form of Exhibit
      E
      or any
      other form approved by the Administrative Agent.

    

    “Attributable
      Indebtedness”
means,
      on any date, (a) in respect of any capital lease of any Person, the capitalized
      amount thereof that would appear on a balance sheet of such Person prepared
      as
      of such date in accordance with GAAP, and (b) in respect of any Synthetic Lease
      Obligation, the capitalized amount of the remaining lease payments under the
      relevant lease that would appear on a balance sheet of such Person prepared
      as
      of such date in accordance with GAAP if such lease were accounted for as a
      capital lease.

    

    “Audited
      Financial Statements”
means
      the audited consolidated balance sheet of the Company and its Subsidiaries
      for
      the fiscal year ended December 31, 2005,
      and the
      related consolidated statements of income or operations, shareholders’ equity
      and cash flows for such fiscal year of the Company and its Subsidiaries,
      including the notes thereto.

    

    “Availability
      Period”
means
      the period from and including the Closing Date to the earliest of (a) the
      Maturity Date, (b) the date of termination of the Aggregate Commitments pursuant
      to Section
      2.06,
      and (c)
      the date of termination of the commitment of each Lender to make Loans and
      of
      the obligation of the L/C Issuers to make L/C Credit Extensions pursuant to
      Section
      8.02.

    

    “Bank
      of America”
means
      Bank of America, N.A. and its successors.

    

    “Base
      Rate” means
      for
      any day a fluctuating rate per annum equal to the higher of (a) the Federal
      Funds Rate plus 1/2 of 1% and (b) the rate of interest in effect for such day
      as
      publicly announced from time to time by Bank of America as its “prime rate.” The
“prime rate” is a rate set by Bank of America based upon various factors
      including Bank of America’s costs and desired return, general economic
      conditions and other factors, and is used as a reference point for pricing
      some
      loans, which may be priced at, above, or below such announced rate. Any change
      in such rate announced by Bank of America shall take effect at the opening
      of
      business on the day specified in the public announcement of such
      change.

    

    “Base
      Rate Committed Loan”
means
      a
      Committed Loan that is a Base Rate Loan.

    

    “Base
      Rate Loan”
means
      a
      Loan that bears interest based on the Base Rate. All Base Rate Loans shall
      be
      denominated in Dollars.

    

    “Borrower”
and
      “Borrowers”
each
      has the meaning specified in the introductory paragraph hereto.

    

    “Borrower
      Materials”
has
      the
      meaning specified in Section
      6.02.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    “Borrowing”
means
      a
      Committed Borrowing or a Swing Line Borrowing, as the context may
      require.

    

    “Business
      Day”
means
      any day other than a Saturday, Sunday or other day on which commercial banks
      are
      authorized to close under the Laws of, or are in fact closed in, the state
      where
      the Administrative Agent’s Office with respect to Obligations denominated in
      Dollars is located and:

     

    (a)  if
      such
      day relates to any interest rate settings as to a Eurocurrency Rate Loan
      denominated in Dollars, any fundings, disbursements, settlements and payments
      in
      Dollars in respect of any such Eurocurrency Rate Loan, or any other dealings
      in
      Dollars to be carried out pursuant to this Agreement in respect of any such
      Eurocurrency Rate Loan, means any such day on which dealings in deposits in
      Dollars are conducted by and between banks in the London interbank eurodollar
      market;

    

    (b)  if
      such
      day relates to any interest rate settings as to a Eurocurrency Rate Loan
      denominated in Euro, any fundings, disbursements, settlements and payments
      in
      Euro in respect of any such Eurocurrency Rate Loan, or any other dealings in
      Euro to be carried out pursuant to this Agreement in respect of any such
      Eurocurrency Rate Loan, means a TARGET Day;

    

    (c)  if
      such
      day relates to any interest rate settings as to a Eurocurrency Rate Loan
      denominated in a currency other than Dollars or Euro, means any such day on
      which dealings in deposits in the relevant currency are conducted by and between
      banks in the London or other applicable offshore interbank market for such
      currency; and

    

    (d)  if
      such
      day relates to any fundings, disbursements, settlements and payments in a
      currency other than Dollars or Euro in respect of a Eurocurrency Rate Loan
      denominated in a currency other than Dollars or Euro, or any other dealings
      in
      any currency other than Dollars or Euro to be carried out pursuant to this
      Agreement in respect of any such Eurocurrency Rate Loan (other than any interest
      rate settings), means any such day on which banks are open for foreign exchange
      business in the principal financial center of the country of such
      currency.

    

    “Cash
      Collateralize”
has
      the
      meaning specified in Section
      2.03(g).

    

    “Cash
      Equivalents”
means
      (a) securities with maturities of one year or less from the date of acquisition
      issued or fully guaranteed or insured by the United States Government or any
      agency thereof, (b) certificates of deposit of any Lender, certificates of
      deposit, eurodollar deposits, time deposits, overnight bank deposits, bankers
      acceptances and repurchase agreements of any commercial bank which has capital
      and surplus in excess of $200,000,000 having maturities of one year or less
      from
      the date of acquisition, (c) corporate securities including commercial paper,
      rated at least A-2 by Standard & Poor's Ratings Services, a division of the
      McGraw-Hill Companies ("S&P") and P-2 by Moody's Investors Service, Inc.
      ("MOODY'S") and corporate debt instruments including medium term notes and
      floating rate notes issued by foreign or domestic corporations which pay in
      Dollars rated at least A by S&P or Moody's, (d) short term tax exempt
      securities including municipal notes, commercial paper, auction rate floaters,
      and floating rate notes rated at least A-1 by S&P or P-1 by Moody's, (e)
      municipal notes rated at least SP-1 by S&P or MIG-2 by Moody's, and bonds
      rated at least AA by S&P or Moody's, (f) auction rate preferred stock or
      bonds issued with a rate set mechanism and a maximum term of 180 days rated
      at
      least AA by Moody's, (g) securities with maturities of one year or less from
      the
      date of acquisition issued or fully guaranteed by any state, commonwealth or
      territory of the United States, by any political subdivision or taxing authority
      of any such state, commonwealth or territory or by any foreign government,
      the
      securities of which state, commonwealth, territory, political subdivision,
      taxing authority or foreign government (as the case may be) are rated at least
      AA by 

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    S&P
      or Aa by Moody's, (h) securities with maturities of one year or less from the
      date of acquisition fully backed by standby letters of credit issued by any
      Lender or any commercial bank in each case satisfying the requirements of clause
      (b) of this definition and (i) money market accounts or funds which invest
      primarily in the types of securities described in (a) through (h) above. If
      both
      S&P and Moody's cease publishing ratings of investments of any of the types
      described above, then equivalent ratings of a nationally recognized rating
      agency will apply.

    

    “Change
      in Law”
means
      the occurrence, after the date of this Agreement, of any of the following:
      (a)
      the adoption or taking effect of any law, rule, regulation or treaty, (b) any
      change in any law, rule, regulation or treaty or in the administration,
      interpretation or application thereof by any Governmental Authority or (c)
      the
      making or issuance of any request, guideline or directive (whether or not having
      the force of law) by any Governmental Authority.

    

    “Change
      of Control”
means
      an event or series of events by which:

    

    (a)  any
      “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the
      Securities Exchange Act of 1934, but excluding any employee benefit plan of
      such
      person or its subsidiaries, and any person or entity acting in its capacity
      as
      trustee, agent or other fiduciary or administrator of any such plan) becomes
      the
“beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Securities
      Exchange Act of 1934, except that a person or group shall be deemed to have
      “beneficial ownership” of all securities that such person or group has the right
      to acquire, whether such right is exercisable immediately or only after the
      passage of time (such right, an “option
      right”)),
      directly or indirectly, of 35% or more of the equity securities of the Company
      entitled to vote for members of the board of directors or equivalent governing
      body of the Company on a fully-diluted basis (and taking into account all such
      securities that such person or group has the right to acquire pursuant to any
      option right); or

    

    (b)  during
      any period of 12 consecutive months, a majority of the members of the board
      of
      directors or other equivalent governing body of the Company cease to be composed
      of individuals (i) who were members of that board or equivalent governing body
      on the first day of such period, (ii) whose election or nomination to that
      board
      or equivalent governing body was approved by individuals referred to in clause
      (i) above constituting at the time of such election or nomination at least
      a
      majority of that board or equivalent governing body or (iii) whose election
      or
      nomination to that board or other equivalent governing body was approved by
      individuals referred to in clauses (i) and (ii) above constituting at the time
      of such election or nomination at least a majority of that board or equivalent
      governing body (excluding, in the case of both clause (ii) and clause (iii),
      any
      individual whose initial nomination for, or assumption of office as, a member
      of
      that board or equivalent governing body occurs as a result of an actual or
      threatened solicitation of proxies or consents for the election or removal
      of
      one or more directors by any person or group other than a solicitation for
      the
      election of one or more directors by or on behalf of the board of
      directors).

    

    “Closing
      Date”
means
      the first date all the conditions precedent in Section
      4.01
      are
      satisfied or waived in accordance with Section
      10.01(a).

    

    “Code”
means
      the Internal Revenue Code of 1986.

    

    “Commitment”
means,
      as to each Lender, its obligation to (a) make Committed Loans to the Borrowers
      pursuant to Section
      2.01,
      (b)
      purchase participations in L/C Obligations, and (c) purchase participations
      in
      Swing Line Loans, in an aggregate principal amount at any one time outstanding
      not to exceed the Dollar amount set forth opposite such Lender’s
      

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    name
      on
Schedule
      2.01
      or in
      the Assignmentand Assumption pursuant to which such Lender becomes a
      party hereto, as applicable, as such amount may be adjusted from time to time
      in
      accordance with this Agreement.

    

    “Committed
      Borrowing”
means
      a
      borrowing consisting of simultaneous Committed Loans of the same Type, in the
      same currency and, in the case of Eurocurrency Rate Loans, having the same
      Interest Period made by each of the Lenders pursuant to Section
      2.01.

    

    “Committed
      Loan”
has
      the
      meaning specified in Section
      2.01.

    

    “Committed
      Loan Notice”
means
      a
      notice of (a) a Committed Borrowing, (b) a conversion of Committed Loans from
      one Type to the other, or (c) a continuation of Eurocurrency Rate Loans,
      pursuant to Section
      2.02(a),
      which,
      if in writing, shall be substantially in the form of Exhibit
      A.

    

    “Company”
has
      the
      meaning specified in the introductory paragraph hereto.

    

    “Compliance
      Certificate”
means
      a
      certificate substantially in the form of Exhibit
      D.

    

    “Consolidated
      Capital Expenditures”
means,
      for any period, for the Company and its Subsidiaries on a consolidated basis,
      amounts paid or Indebtedness incurred during such period in connection with
      the
      purchase or lease of assets that would be required to be capitalized and shown
      as a capital asset on the balance sheet of the Company and its Subsidiaries
      in
      accordance with GAAP, excluding (i) expenditures constituting the purchase
      price
      for Permitted Acquisitions and (ii) expenditures made with casualty insurance
      proceeds received in respect of capital assets and (iii) expenditures made
      with
      the amount of any Net Cash Proceeds received in respect of capital assets and
      reinvested as contemplated by Section
      2.06(b).

    

    “Consolidated
      EBITDA”
means,
      for any period, for the Company and its Subsidiaries on a consolidated basis,
      an
      amount equal to Consolidated Net Income for such period plus (a) the following
      to the extent deducted in calculating such Consolidated Net Income: (i)
      Consolidated Interest Charges for such period, (ii) the provision for Federal,
      state, local and foreign income and franchise taxes payable by the Company
      and
      its Subsidiaries for such period, (iii) depreciation and amortization expense
      (iv) other non-recurring expenses of the Company and its Subsidiaries reducing
      such Consolidated Net Income which do not represent a cash item in such period
      or any future period, and (v) all other non-cash items reducing Consolidated
      Net
      Income for such period; minus (b) the following to the extent included in
      calculating such Consolidated Net Income: (i) Federal, state, local and foreign
      income tax credits of the Company and its Subsidiaries for such period and
      (ii)
      all non-cash items increasing Consolidated Net Income for such period; and
      minus
      (c) the amount of all cash payments made in respect of such period to the extent
      same relate to a non-cash charge incurred in a previous period which was added
      back to Consolidated EBITDA in such previous period pursuant to clause (a)
      above
      in this definition.

    

    “Consolidated
      Interest Charges”
means,
      for any period, for the Company and its Subsidiaries on a consolidated basis,
      the sum of (a) all interest, premium payments, debt discount, fees, charges
      and
      related expenses of the Company and its Subsidiaries in connection with borrowed
      money (including capitalized interest) or in connection with the deferred
      purchase price of assets, in each case to the extent treated as interest in
      accordance with GAAP, and (b) the portion of rent expense of the Company and
      its
      Subsidiaries with respect to such period under capital leases that is treated
      as
      interest in accordance with GAAP; provided, however, that as used in clause
      (b)
      of "Consolidated Interest Coverage Ratio," Consolidated Interest Charges shall
      include only cash expenses during such period.

    

    “Consolidated
      Interest Coverage Ratio”
means,
      as of any date of determination, the ratio of (a) Consolidated EBITDA minus
      the
      sum of (i) Consolidated Capital Expenditures plus
      (ii)
      Federal, state, local and foreign income and franchise taxes paid in cash by
      the
      Company and its Subsidiaries, all for the period of the four prior fiscal
      quarters ending on such date to
      (b)
      Consolidated Interest Charges for such period.

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    “Consolidated
      Leverage Ratio”
means,
      as of any date of determination, the ratio of (a) Consolidated Total
      Indebtedness as of such date
      to
(b)
      Consolidated EBITDA for the period of the four fiscal quarters most recently
      ended; provided
      that for
      purposes of calculating Consolidated EBITDA of the Company and its Subsidiaries
      for any period for inclusion in the Consolidated Leverage Ratio, (i) the
      Consolidated EBITDA of any Person acquired by the Company or its Subsidiaries
      during such period (to the extent the Acquisition of such Person is permitted
      under this Agreement) shall be included on a pro forma
      basis
      for such period (assuming the consummation of such acquisition and the
      incurrence or assumption of any Indebtedness in connection therewith occurred
      on
      the first day of such period) if the consolidated balance sheet of such acquired
      Person and its consolidated Subsidiaries as at the end of the period preceding
      the acquisition of such Person and the related consolidated statements of income
      and stockholders’ equity and of cash flows for the period in respect of which
      Consolidated EBITDA is to be calculated (x) have been previously provided to
      the
      Administrative Agent and the Lenders and (y) either (A) have been audited on
      without a qualification arising out of the scope of the audit by independent
      certified public accountants of nationally recognized standing or (B) have
      been
      found reasonably acceptable by the Administrative Agent and (ii) the
      Consolidated EBITDA of any Person (or attributable to assets constituting a
      significant business unit) disposed of by the Company or its Subsidiaries during
      such period shall be excluded on a pro forma basis for such period (assuming
      the
      consummation of such disposition in connection therewith occurred on the first
      day of such period).

    

    “Consolidated
      Net Income”
means,
      for any period, for the Company and its Subsidiaries on a consolidated basis,
      the net income of the Company and its Subsidiaries (excluding extraordinary
      gains and extraordinary losses) for that period.

    

    “Consolidated
      Net Worth”
means,
      as of any date of determination, for the Company and its Subsidiaries on a
      consolidated basis, Shareholders’ Equity of the Company and its Subsidiaries on
      that date.

    

    “Consolidated
      Total Indebtedness”
means,
      as of any date of determination, for the Company and its Subsidiaries on a
      consolidated basis, the sum of (a) the outstanding principal amount of all
      obligations, whether current or long-term, for borrowed money (including
      Obligations for borrowed money hereunder) and all obligations evidenced by
      bonds, debentures, notes, loan agreements or other similar instruments, (b)
      all
      purchase money Indebtedness, (c) all direct obligations arising under letters
      of
      credit (including standby and commercial), bankers’ acceptances, bank guaranties
      and similar credit instruments, (d) all obligations in respect of the deferred
      purchase price of property or services (other than trade accounts payable in
      the
      ordinary course of business), (e) Attributable Indebtedness in respect of
      capital leases and Synthetic Lease Obligations, (f) without duplication, all
      Guarantees with respect to outstanding Indebtedness of the types specified
      in
      clauses (a) through (e) above of Persons other than the Company or any
      Subsidiary, and (g) all Indebtedness of the types referred to in clauses (a)
      through (f) above of any partnership or joint venture (other than a joint
      venture that is itself a corporation or limited liability company) in which
      the
      Company or a Subsidiary is a general partner or joint venturer, unless such
      Indebtedness is expressly made non-recourse to the Company or such
      Subsidiary.

    

    “Contractual
      Obligation”
means,
      as to any Person, any provision of any security issued by such Person or of
      any
      agreement, instrument or other undertaking to which such Person is a party
      or by
      which it or any of its property is bound.

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    “Control”
means
      the possession, directly or indirectly, of the power to direct or cause the
      direction of the management or policies of a Person, whether through the ability
      to exercise voting power, by contract or otherwise. “Controlling”
and
      “Controlled”
have
      meanings correlative thereto.

    

    “Cost
      of Acquisition”
means,
      with respect to any Acquisition, as at the date of entering into any agreement
      therefor or, with respect to clause (iv) below, as at the time of GAAP
      recognition of such amounts, the sum of the following (without duplication):
      (i)
      the value of the capital stock, warrants or options to acquire capital stock
      of
      the Company or any Subsidiary to be transferred in connection therewith, (ii)
      the amount of any cash and fair market value of other property (excluding
      property described in clause (i) and the unpaid principal amount of any debt
      instrument) given as consideration, (iii) the amount (determined by using the
      face amount or the amount payable at maturity, whichever is greater) of any
      Indebtedness incurred, assumed or acquired by the Company or any Subsidiary
      in
      connection with such Acquisition, (iv) all additional purchase price amounts
      in
      the form of earnouts and other guaranteed or contingent obligations that should
      be recorded on the financial statements of the Company and its Subsidiaries
      in
      accordance with GAAP, such amounts to be Costs of Acquisition for the period
      in
      which they should be recorded, (v) all amounts paid in respect of covenants
      not
      to compete, consulting agreements that should be recorded on financial
      statements of the Company and its Subsidiaries in accordance with GAAP, and
      other affiliated contracts in connection with such Acquisition, (vi) the
      aggregate fair market value of all other consideration given by the Company
      or
      any Subsidiary in connection with such Acquisition, and (vii) out-of-pocket
      transaction costs for the services and expenses of attorneys, accountants and
      other consultants incurred in effecting such transaction, and other similar
      transaction costs so incurred and in each case capitalized in accordance with
      GAAP.

    

    “Credit
      Extension”
means
      each of the following: (a) a Borrowing and (b) an L/C Credit
      Extension.

    

    “Debtor
      Relief Laws”
means
      the Bankruptcy Code of the United States, and all other liquidation,
      conservatorship, bankruptcy, assignment for the benefit of creditors,
      moratorium, rearrangement, receivership, insolvency, reorganization, or similar
      debtor relief Laws of the United States or other applicable jurisdictions from
      time to time in effect and affecting the rights of creditors
      generally.

    

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

    

    “Default
      Rate”
means
      (a) when used with respect to Obligations other than Letter of Credit Fees,
      an
      interest rate equal to (i) the Base Rate plus
      (ii) the
      Applicable Rate, if any, applicable to Base Rate Loans plus
      (iii) 2%
      per annum; provided,
      however,
      that
      with respect to a Eurocurrency Rate Loan, the Default Rate shall be an interest
      rate equal to the interest rate (including any Applicable Rate and any Mandatory
      Cost) otherwise applicable to such Loan plus 2% per annum, and (b) when used
      with respect to Letter of Credit Fees, a rate equal to the Applicable Rate
      plus
      2% per
      annum.

    

    “Defaulting
      Lender”
means
      any Lender that (a) has failed to fund any portion of the Committed Loans,
      participations in L/C Obligations or participations in Swing Line Loans required
      to be funded by it hereunder within one Business Day of the date required to
      be
      funded by it hereunder unless such failure has been cured, (b) has otherwise
      failed to pay over to the Administrative Agent or any other Lender any other
      amount required to be paid by it hereunder within one Business Day of the date
      when due, unless the subject of a good faith dispute or unless such failure
      has
      been cured, or (c) has been deemed insolvent or become the subject of a
      bankruptcy or insolvency proceeding.

    

    “Designated
      Borrower”
has
      the
      meaning specified in the introductory paragraph hereto.

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    “Designated
      Borrower Notice”
has
      the
      meaning specified in Section 2.14.

    

    “Designated
      Borrower Request and Assumption Agreement”
has
      the
      meaning specified in Section 2.14.

    

    “Disposition”
or
      “Dispose”
means
      the sale, transfer, license, lease or other disposition (including any sale
      and
      leaseback transaction) of any property by any Person, including any sale,
      assignment, transfer or other disposal, with or without recourse, of any notes
      or accounts receivable or any rights and claims associated
      therewith.

    

    “Dollar”
and
      “$”
mean
      lawful money of the United States.

    

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

    

    “Domestic
      Subsidiary”
means
      any Subsidiary that is organized under the laws of any political subdivision
      of
      the United States.

    

    “Eligible
      Assignee”
means
      any Person that meets the requirements to be an assignee under Section
      10.06(b)(iii),
      (v),
      (vi)
      and
(vii)
      (subject
      to such consents, if any, as may be required under Section
      10.06(b)(iii)).

    

    “EMU”
means
      the economic and monetary union in accordance with the Treaty of Rome 1957,
      as
      amended by the Single European Act 1986, the Maastricht Treaty of 1992 and
      the
      Amsterdam Treaty of 1998.

    

    “EMU
      Legislation”
means
      the legislative measures of the European Council for the introduction of,
      changeover to or operation of a single or unified European
      currency.

    

    “Environmental
      Laws”
means
      any and all Federal, state, local, and foreign statutes, laws, regulations,
      ordinances, rules, judgments, orders, decrees, permits, concessions, grants,
      franchises, licenses, agreements or governmental restrictions relating to
      pollution and the protection of the environment or the release of any materials
      into the environment, including those related to hazardous substances or wastes,
      air emissions and discharges to waste or public systems.

    

    “Environmental
      Liability”
means
      any liability, contingent or otherwise (including any liability for damages,
      costs of environmental remediation, fines, penalties or indemnities), of the
      Company, any other Loan Party or any of their respective Subsidiaries directly
      or indirectly resulting from or based upon (a) violation of any Environmental
      Law, (b) the generation, use, handling, transportation, storage, treatment
      or
      disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials,
      (d) the release or threatened release of any Hazardous Materials into the
      environment or (e) any contract, agreement or other consensual arrangement
      pursuant to which liability is assumed or imposed with respect to any of the
      foregoing.

    

    “Equity
      Interests”
means,
      with respect to any Person, all of the shares of capital stock of (or other
      ownership or profit interests in) such Person, all of the warrants, options
      or
      other rights for the purchase or acquisition from such Person of shares of
      capital stock of (or other ownership or profit interests in) such Person, all
      of
      the securities convertible into or 

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    exchangeable
      for shares of capital stock of (or other ownership or profit interests in)
      such
      Person or warrants, rights or options for the purchase or acquisition from
      such
      Person of such shares (or such other interests), and all of the other ownership
      or profit interests in such Person (including partnership, member or trust
      interests therein), whether voting or nonvoting, and whether or not such shares,
      warrants, options, rights or other interests are outstanding on any date of
      determination.

    

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

    

    “ERISA
      Affiliate”
means
      any trade or business (whether or not incorporated) under common control with
      the Company within the meaning of Section 414(b) or (c) of the Code (and
      Sections 414(m) and (o) of the Code for purposes of provisions relating to
      Section 412 of the Code).

    

    “ERISA
      Event”
means
      (a) a Reportable Event with respect to a Pension Plan; (b) a withdrawal by
      the
      Company or any ERISA Affiliate from a Pension Plan subject to Section 4063
      of
      ERISA during a plan year in which it was a substantial employer (as defined
      in
      Section 4001(a)(2) of ERISA) or a cessation of operations that is treated
      as such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial
      withdrawal by the Company or any ERISA Affiliate from a Multiemployer Plan
      or
      notification that a Multiemployer Plan is in reorganization; (d) the filing
      of a
      notice of intent to terminate, the treatment of a Plan amendment as a
      termination under Section 4041 or 4041A of ERISA, or the commencement of
      proceedings by the PBGC to terminate a Pension Plan or Multiemployer Plan;
      (e)
      an event or condition which constitutes grounds under Section 4042 of ERISA
      for
      the termination of, or the appointment of a trustee to administer, any Pension
      Plan or Multiemployer Plan; or (f) the imposition of any liability under Title
      IV of ERISA, other than for PBGC premiums due but not delinquent under Section
      4007 of ERISA, upon the Company or any ERISA Affiliate.

    

    “Euro”
and
      “EUR”
mean
      the lawful currency of the Participating Member States introduced in accordance
      with the EMU Legislation.

    

    “Eurocurrency
      Base Rate”
has
      the
      meaning specified in the definition of Eurocurrency Rate.

    

    “Eurocurrency
      Rate”
means
      for any Interest Period with respect to a Eurocurrency Rate Loan, a rate per
      annum determined by the Administrative Agent pursuant to the following
      formula:

     

    
      
        
          	
                  Eurocurrency
                    Rate =

                	
                  Eurocurrency
                    Base Rate

                
	
                  1.00
                    - Eurocurrency Reserve
                    Percentage

                

        

      
 

    Where,

    

    “Eurocurrency
      Base Rate”
means,
      for such Interest Period, the rate per annum equal to the British Bankers
      Association LIBOR Rate (“BBA
      LIBOR”),
      as
      published by Reuters (or other commercially available source providing
      quotations of BBA LIBOR as designated by the Administrative Agent from time
      to
      time) at approximately 10:00 a.m., London time, two Business Days prior to
      the
      commencement of such Interest Period, for deposits in the relevant currency
      (for
      delivery on the first day of such Interest Period) with a term equivalent to
      such Interest Period. If such rate is not available at such time for any reason,
      then the “Eurocurrency Base Rate” for such Interest Period shall be the rate per
      annum determined by the Administrative Agent to be the rate at which deposits
      in
      the relevant currency for delivery on the first day of such Interest Period
      in
      Same Day Funds in the approximate amount of the Eurocurrency Rate Loan being
      made, continued or converted by Bank of America and with a term equivalent
      to
      such Interest 

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    Period
      would be offered by Bank of America’s London Branch (or other Bank of America
      branch or Affiliate) to major banks in the London or other offshore interbank
      market for such currency at their request at approximately 11:00 a.m. (London
      time) two Business Days prior to the commencement of such Interest
      Period.

    

    “Eurocurrency
      Reserve Percentage”
means,
      for any day during any Interest Period, the reserve percentage (expressed as
      a
      decimal, carried out to five decimal places) in effect on such day, whether
      or
      not applicable to any Lender, under regulations issued from time to time by
      the
      FRB for determining the maximum reserve requirement (including any emergency,
      supplemental or other marginal reserve requirement) with respect to Eurocurrency
      funding (currently referred to as “Eurocurrency liabilities”) maintained by a
      member bank of the Federal Reserve System. The Eurocurrency Rate for each
      outstanding Eurocurrency Rate Loan shall be adjusted automatically as of the
      effective date of any change in the Eurocurrency Reserve
      Percentage.

    

    “Eurocurrency
      Rate Loan”
means
      a
      Committed Loan that bears interest at a rate based on the Eurocurrency Rate.
      Eurocurrency Rate Loans may be denominated in Dollars or in an Alternative
      Currency. All Committed Loans denominated in an Alternative Currency must be
      Eurocurrency Rate Loans.

    

    “Event
      of Default”
has
      the
      meaning specified in Section
      8.01.

    

    “Excluded
      Taxes”
means,
      with respect to the Administrative Agent, any Lender, each L/C Issuer or any
      other recipient of any payment to be made by or on account of any obligation
      of
      any Borrower hereunder, (a) taxes imposed on or measured by its overall net
      income (however denominated), and franchise taxes imposed on it (in lieu of
      net
      income taxes), by the jurisdiction (or any political subdivision thereof) under
      the laws of which such recipient is organized or in which its principal office
      is located or, in the case of any Lender, in which its applicable Lending Office
      is located, (b) any branch profits taxes imposed by the United States or any
      similar tax imposed by any other jurisdiction in which such Borrower is located
      and (c) except as provided in the following sentence, in the case of a Foreign
      Lender (other than an assignee pursuant to a request by the Company under
Section
      10.13),
      any
      withholding tax that is imposed on amounts payable to such Foreign Lender at
      the
      time such Foreign Lender becomes a party hereto (or designates a new Lending
      Office) or is attributable to such Foreign Lender’s failure or inability (other
      than as a result of a Change in Law) to comply with Section
      3.01(e),
      except
      to the extent that such Foreign Lender (or its assignor, if any) was entitled,
      at the time of designation of a new Lending Office (or assignment), to receive
      additional amounts from the applicable Borrower with respect to such withholding
      tax pursuant to Section
      3.01(a).
      Notwithstanding anything to the contrary contained in this definition, “Excluded
      Taxes” shall not include any withholding tax imposed at any time on payments
      made by or on behalf of a Foreign Obligor to any Lender hereunder or under
      any
      other Loan Document, provided
      that
      such Lender shall have complied with the last paragraph of Section
      3.01(e).

    

    “Existing
      Credit Agreement”
means
      that certain Credit Agreement dated as of February 8, 2002, among the Borrower,
      JPMorgan Chase Bank, N.A. (successor by merger to JPMorgan Chase Bank), as
      administrative agent, and a syndicate of lenders.

    

    “Existing
      Letters of Credit”
means
      letters of credit issued and outstanding as of the Closing Date under the
      Existing Credit Agreement and individually described on Schedule
      2.03.

    

    “Federal
      Funds Rate”
means,
      for any day, the rate per annum equal to the weighted average of the rates
      on
      overnight Federal funds transactions with members of the Federal Reserve System
      arranged by Federal funds brokers on such day, as published by the Federal
      Reserve Bank of New York on the Business Day next succeeding such day;
provided
      that (a)
      if such day is not a Business Day, the Federal Funds Rate for such day shall
      be
      such rate on such transactions on the next preceding Business Day as so
      published on the next 

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    succeeding
      Business Day, and (b) if no such rate is so published on such nextsucceeding
      Business Day, the Federal Funds Rate for such day shall be the average rate
      (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged
      to
      Bank of America on such day on such transactions as determined by the
      Administrative Agent.

    

    “Fee
      Letter”
means,
      collectively, (i) the letter agreement, dated February 14, 2006, among the
      Company, the Administrative Agent and Banc of America Securities
      LLC, (ii) the letter agreement, dated February 14, 2006, among the Company,
      JPMorgan Chase Bank, N.A. and J.P. Morgan Securities Inc., and (iii) each other
      agreement entered into among the Borrower and any L/C Issuer in addition to
      Bank
      of America with respect to fronting fees payable under Section
      2.03(j).

    

    “Foreign
      Lender”
means,
      with respect to any Borrower, any Lender that is organized under the laws of
      a
      jurisdiction other than that in which such Borrower is resident for tax
      purposes. For purposes of this definition, the United States, each State thereof
      and the District of Columbia shall be deemed to constitute a single
      jurisdiction.

    

    “Foreign
      Obligor”
means
      a
      Loan Party that is a Foreign Subsidiary.

    

    “Foreign
      Subsidiary”
means
      any Subsidiary that is organized under the laws of a jurisdiction other than
      the
      United States, a State thereof or the District of Columbia.

    

    “FRB”
means
      the Board of Governors of the Federal Reserve System of the United
      States.

    

    “Fund”
means
      any Person (other than a natural person) that is (or will be) engaged in making,
      purchasing, holding or otherwise investing in commercial loans and similar
      extensions of credit in the ordinary course of its business.

    

    “GAAP”
means
      generally accepted accounting principles in the United States set forth in
      the
      opinions and pronouncements of the Accounting Principles Board and the American
      Institute of Certified Public Accountants and statements and pronouncements
      of
      the Financial Accounting Standards Board or such other principles as may be
      approved by a significant segment of the accounting profession in the United
      States, that are applicable to the circumstances as of the date of
      determination, consistently applied.

    

    “Governmental
      Authority”
means
      the government of the United States or any other nation, or of any political
      subdivision thereof, whether state or local, and any agency, authority,
      instrumentality, regulatory body, court, central bank or other entity exercising
      executive, legislative, judicial, taxing, regulatory or administrative powers
      or
      functions of or pertaining to government (including any supra-national bodies
      such as the European Union or the European Central Bank).

    

    “Guarantee”
means,
      as to any Person, any (a) any obligation, contingent or otherwise, of such
      Person guaranteeing or having the economic effect of guaranteeing any
      Indebtedness or other obligation payable or performable by another Person (the
      “primary obligor”) in any manner, whether directly or indirectly, and including
      any obligation of such Person, direct or indirect, (i) to purchase or pay (or
      advance or supply funds for the purchase or payment of) such Indebtedness or
      other obligation, (ii) to purchase or lease property, securities or services
      for
      the purpose of assuring the obligee in respect of such Indebtedness or other
      obligation of the payment or performance of such Indebtedness or other
      obligation, (iii) to maintain working capital, equity capital or any other
      financial statement condition or liquidity or level of income or cash flow
      of
      the primary obligor so as to enable the primary obligor to pay such Indebtedness
      or other obligation, or (iv) entered into for the purpose of assuring in any
      other manner the obligee in respect of such Indebtedness or other obligation
      of
      the payment or performance thereof or to protect such obligee against loss
      in
      respect thereof (in whole or in part), or (b) any Lien on any assets of such
      Person securing 

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

    any
      Indebtedness or other obligation of any other Person, whether or not such
      Indebtedness or other obligation is assumed by such Person (or any right,
      contingent or otherwise, of any holder of such Indebtedness to obtain any such
      Lien). The amount of any Guarantee shall be deemed to be an amount equal to
      the
      stated or determinable amount of the related primary obligation, or portion
      thereof, in respect of which such Guarantee is made or, if not stated or
      determinable, the maximum reasonably anticipated liability in respect thereof
      as
      determined by the guaranteeing Person in good faith. The term “Guarantee” as a
      verb has a corresponding meaning.

    

    “Guaranty
      and Collateral Agreement”
means
      the guaranty and collateral agreement to be executed and delivered by Borrower
      and its domestic Subsidiaries, substantially in the form of Exhibit F, as the
      same may be amended, supplemented or otherwise modified from time to
      time.

    

    “Hazardous
      Materials”
means
      all explosive or radioactive substances or wastes and all hazardous or toxic
      substances, wastes or other pollutants, including petroleum or petroleum
      distillates, asbestos or asbestos-containing materials, polychlorinated
      biphenyls, radon gas, infectious or medical wastes and all other substances
      or
      wastes of any nature regulated pursuant to any Environmental Law.

    

    “Immaterial
      Domestic Subsidiary”
means
      any Domestic Subsidiary created or acquired after the Closing Date the assets
      of
      which at any time and the revenues of which during any 12 month period (when
      added to the assets and revenues, respectively, of all other Domestic
      Subsidiaries created or acquired after the Closing Date that have not executed
      the Guaranty and Security Agreement pursuant to Section
      6.13
      or
Section
      7.07)
      do not
      exceed $1,000,000, respectively.

    

    “Indebtedness”
means,
      as to any Person at a particular time, without duplication, all of the
      following, whether or not included as indebtedness or liabilities in accordance
      with GAAP:

    

    (a)  all
      obligations of such Person for borrowed money and all obligations of such Person
      evidenced by bonds, debentures, notes, loan agreements or other similar
      instruments;

    

    (b)  all
      direct or contingent obligations of such Person arising under letters of credit
      (including standby and commercial), bankers’ acceptances, bank guaranties,
      surety bonds and similar instruments;

    

    (c)  net
      obligations of such Person under any Swap Contract;

    

    (d)  all
      obligations of such Person to pay the deferred purchase price of property or
      services (other than trade accounts payable in the ordinary course of
      business);

    

    (e)  indebtedness
      (excluding prepaid interest thereon) secured by a Lien on property owned or
      being purchased by such Person (including indebtedness arising under conditional
      sales or other title retention agreements), whether or not such indebtedness
      shall have been assumed by such Person or is limited in recourse;

    

    (f)  capital
      leases and Synthetic Lease Obligations;

    

    (g)  all
      obligations of such Person to purchase, redeem, retire, defease or otherwise
      make any payment in respect of any redeemable preferred Equity Interest in
      such
      Person or any other Person, valued at the greater of its voluntary or
      involuntary liquidation preference plus
      accrued
      and unpaid dividends; and

    

    (h)  all
      Guarantees of such Person in respect of any of the foregoing.

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

    For
      all
      purposes hereof, the Indebtedness of any Person shall include the Indebtedness
      of any partnership or joint venture (other than a joint venture that is itself
      a
      corporation or limited liability company) in which such Person is a general
      partner or a joint venturer, unless such Indebtedness is expressly made
      non-recourse to such Person. The amount of any net obligation under any Swap
      Contract on any date shall be deemed to be the Swap Termination Value thereof
      as
      of such date. The amount of any capital lease or Synthetic Lease Obligation
      as
      of any date shall be deemed to be the amount of Attributable Indebtedness in
      respect thereof as of such date.

    

    “Indemnified
      Taxes”
means
      Taxes other than Excluded Taxes.

    

    “Indemnitees”
has
      the
      meaning specified in Section
      10.04(b).

    

    “Information”
has
      the
      meaning specified in Section
      10.07.

    

    “Interest
      Payment Date”
means,
      (a) as to any Loan other than a Base Rate Loan, the last day of each Interest
      Period applicable to such Loan and the Maturity Date; provided,
      however,
      that if
      any Interest Period for a Eurocurrency Rate Loan exceeds three months, the
      respective dates that fall every three months after the beginning of such
      Interest Period shall also be Interest Payment Dates; and (b) as to any Base
      Rate Loan (including a Swing Line Loan), the last Business Day of each March,
      June, September and December and the Maturity Date.

    

    “Interest
      Period”
means,
      as to each Eurocurrency Rate Loan, the period commencing on the date such
      Eurocurrency Rate Loan is disbursed or converted to or continued as a
      Eurocurrency Rate Loan and ending on the date one, two, three, six or nine
      months thereafter (if nine month periods are available to all Lenders), as
      selected by the Company in its Committed Loan Notice; provided
      that:

    

    (i)  any
      Interest Period that would otherwise end on a day that is not a Business Day
      shall be extended to the next succeeding Business Day unless such Business
      Day
      falls in another calendar month, in which case such Interest Period shall end
      on
      the next preceding Business Day;

    

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

    

    (iii)  no
      Interest Period shall extend beyond the Maturity Date.

    

    “Internal
      Control Event”
means
      a
      material weakness in, or fraud that involves management or other employees
      who
      have a significant role in, the Company’s internal controls over financial
      reporting, in each case as described in the Securities Laws.

    

    “Investment”
means,
      as to any Person, any direct or indirect acquisition or investment by such
      Person, whether by means of (a) the purchase or other acquisition of capital
      stock or other securities of another Person, (b) a loan, advance or capital
      contribution to, Guarantee or assumption of debt of, or purchase or other
      acquisition of any other debt or equity participation or interest in, another
      Person, including any partnership or joint venture interest in such other Person
      and any arrangement pursuant to which the investor Guarantees Indebtedness
      of
      such other Person, or (c) the purchase or other acquisition (in one transaction
      or a series of transactions) of assets of another Person that constitute a
      business unit. For purposes of covenant compliance, the amount of any Investment
      shall be the amount actually invested, without adjustment for subsequent
      increases or decreases in the value of such Investment.

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

    “IP
      Rights”
has
      the
      meaning specified in Section
      5.18.

    

    “IRS”
means
      the United States Internal Revenue Service.

    

    “ISP”
means,
      with respect to any Letter of Credit, the “International Standby Practices 1998”
published by the Institute of International Banking Law & Practice (or such
      later version thereof as may be in effect at the time of issuance).

    

    “Issuer
      Documents”
means
      with respect to any Letter of Credit, the Letter of Credit Application, and
      any
      other document, agreement and instrument entered into by any L/C Issuer and
      the
      Company (or any Subsidiary) or in favor such L/C Issuer and relating to such
      Letter of Credit. 

    

    “Laws”
means,
      as to any Person, collectively, all international, foreign, Federal, state
      and
      local statutes, treaties, rules, guidelines, regulations, ordinances, codes
      and
      administrative or judicial precedents or authorities, including the
      interpretation or administration thereof by any Governmental Authority charged
      with the enforcement, interpretation or administration thereof, and all
      applicable administrative orders, directed duties, requests, licenses,
      authorizations and permits of, and agreements with, any Governmental Authority,
      in each case applicable to or binding upon such Person or any of its property
      or
      which such person or any of its property is subject.

    

    “L/C
      Advance”
means,
      with respect to each Lender, such Lender’s funding of its participation in any
      L/C Borrowing in accordance with its Applicable Percentage. All L/C Advances
      shall be denominated in Dollars.

    

    “L/C
      Borrowing”
means
      an extension of credit resulting from a drawing under any Letter of Credit
      which
      has not been reimbursed on the date when made or refinanced as a Committed
      Borrowing. All L/C Borrowings shall be denominated in Dollars.

    

    “L/C
      Credit Extension”
means,
      with respect to any Letter of Credit, the issuance thereof or extension of
      the
      expiry date thereof, or the increase of the amount thereof.

    

    “L/C
      Issuer”
means
      (i) Bank of America in its capacity as issuer of Letters of Credit hereunder,
      (ii) JPMorgan Chase Bank, N.A. in its capacity as issuer of Letters of Credit
      hereunder, and (iii) such other Lender designated as an L/C Issuer pursuant
      to
Section
      2.03(m),
      or any
      successor issuer of Letters of Credit hereunder. All singular references to
      the
      L/C Issuer shall mean any L/C Issuer, the L/C Issuer that has issued the
      applicable Letter of Credit, or all L/C Issuers, as the context may require.
      

    

    “L/C
      Obligations”
means,
      as at any date of determination, the aggregate amount available to be drawn
      under all outstanding Letters of Credit plus
      the
      aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For
      purposes of computing the amount available to be drawn under any Letter of
      Credit, the amount of such Letter of Credit shall be determined in accordance
      with Section
      1.09.
      For all
      purposes of this Agreement, if on any date of determination a Letter of Credit
      has expired by its terms but any amount may still be drawn thereunder by reason
      of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed
      to be “outstanding” in the amount so remaining available to be
      drawn.

    

    “Lender”
has
      the
      meaning specified in the introductory paragraph hereto and, as the context
      requires, includes the Swing Line Lender.

    

    “Lending
      Office”
means,
      as to any Lender, the office or offices of such Lender described as such in
      such
      Lender’s Administrative Questionnaire, or such other office or offices as a
      Lender may from time to time notify the Company and the Administrative
      Agent.

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

    “Letter
      of Credit”
means
      any standby letter of credit issued hereunder and shall include the Existing
      Letters of Credit. Letters
      of Credit may
      be
      issued in Dollars or in an Alternative Currency.

    

    “Letter
      of Credit Application”
means
      an application and agreement for the issuance or amendment of a Letter of Credit
      in the form from time to time in use by an L/C Issuer and any electronic
      application for a letter of credit made through an electronic letter of credit
      system established by an applicable L/C Issuer.

    

    “Letter
      of Credit Expiration Date”
means
      the day that is seven days prior to the Maturity Date then in effect (or, if
      such day is not a Business Day, the next preceding Business Day).

    

    “Letter
      of Credit Fee”
has
      the
      meaning specified in Section
      2.03(i).

    

    “Letter
      of Credit Sublimit”
means
      an amount equal to $25,000,000. The Letter of Credit Sublimit is part of, and
      not in addition to, the Aggregate Commitments.

    

    “Lien”
means
      any mortgage, pledge, hypothecation, assignment, deposit arrangement,
      encumbrance, lien (statutory or other), charge, or preference, priority or
      other
      security interest or preferential arrangement in the nature of a security
      interest of any kind or nature whatsoever (including any conditional sale or
      other title retention agreement, any easement, right of way or other encumbrance
      on title to real property, and any financing lease having substantially the
      same
      economic effect as any of the foregoing).

    

    “Loan”
means
      an extension of credit by a Lender to a Borrower under Article
      II
      in the
      form of a Committed Loan or a Swing Line Loan.

    

    “Loan
      Documents”
means
      this Agreement, each Designated Borrower Request and Assumption Agreement,
      each
      Note, each Issuer Document, the Fee Letter, the Guaranty and Collateral
      Agreement, the Security Instruments and Mortgages.

    

    “Loan
      Parties”
means,
      collectively, the Company, each Subsidiary Guarantor and
      each
      Designated Borrower.

    

    “Mandatory
      Cost”
means,
      with respect to any period, the percentage rate per annum determined in
      accordance with Schedule 1.01;
      it
      being understood that, for purposes of this Agreement, Mandatory Cost shall
      only
      apply to a Eurocurrency Rate Loan of any Lender not denominated in Dollars
      that
      is lent from a Lending Office in the United Kingdom or a Participating Member
      State.

    

    “Material
      Adverse Effect”
means
      (a) a material adverse change in, or a material adverse effect upon, the
      operations, business, liabilities (actual or contingent), or financial condition
      of the Company and its Subsidiaries taken as a whole; (b) a material impairment
      of the ability of any Loan Party to perform its obligations under any Loan
      Document to which it is a party; or (c) a material adverse effect on the
      validity or enforceability of any of the Loan Documents or the rights and
      remedies of the Administrative Agent and the Lenders hereunder.

    

    “Maturity
      Date”
means
      March 31, 2011; provided,
      however,
      that if
      such date is not a Business Day, the Maturity Date shall be the next preceding
      Business Day.

    

    “Multiemployer
      Plan”
means
      any employee benefit plan of the type described in Section 4001(a)(3) of
      ERISA, to which the Company or any ERISA Affiliate makes or is obligated to
      make
      contributions, or during the preceding five plan years, has made or been
      obligated to make contributions.

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

    
    “Mortgaged
      Properties”
means
      the real properties listed on Schedule
      A,
      as to
      which the Administrative Agent for the benefit of the Lenders shall be granted
      a
      Lien pursuant to the Mortgages.

    

    “Mortgages”
means
      each of the mortgages and deeds of trust made by any Loan Party in favor of,
      or
      for the benefit of, the Administrative Agent for the benefit of the Lenders,
      in
      form reasonably acceptable to the Administrative Agent.

    

    “Net
      Cash Proceeds”
means,
      with respect to the sale of any asset by the Company or any Subsidiary, the
      excess, if any, of (i) the sum of cash and cash equivalents received in
      connection with such sale (including any cash received by way of deferred
      payment pursuant to, or by monetization of, a note receivable or otherwise,
      but
      only as and when so received) over (ii) the sum of (A) the principal amount
      of
      any Indebtedness that is secured by such asset and that is required to be repaid
      in connection with the sale thereof (other than Indebtedness under the Loan
      Documents), (B) the out-of-pocket expenses incurred by the Company or any
      Subsidiary in connection with such sale and (C) income taxes reasonably
      estimated to be actually payable within two years of the date of the relevant
      asset sale as a result of any gain recognized in connection
      therewith.

    

    “Note”
means
      a
      promissory note made by a Borrower in favor of a Lender evidencing Loans made
      by
      such Lender to such Borrower, substantially in the form of Exhibit
      C.

    

    “Obligations”
means
      all advances to, and debts, liabilities and obligations of any Loan Party
      arising under any Loan Document or Related Credit Arrangement or otherwise
      with
      respect to any Loan or Letter of Credit or Related Credit Arrangement, whether
      direct or indirect (including those acquired by assumption), absolute or
      contingent, due or to become due, now existing or hereafter arising and
      including interest and fees that accrue after the commencement by or against
      any
      Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief
      Laws naming such Person as the debtor in such proceeding, regardless of whether
      such interest and fees are allowed claims in such proceeding.

    

    “Off-Balance
      Sheet Arrangement”
means
      any transaction, agreement or other contractual arrangement to which an entity
      unconsolidated with the Company is a party, under which the Company
      has:

    

    (i)  any
      obligation under a guarantee contract that has any of the characteristics
      identified in paragraph 3 of FASB Interpretation No. 45, Guarantor’s
      Accounting and Disclosure Requirements for Guarantees, Including Indirect
      Guarantees of Indebtedness of Others(November
      2002) (“FIN
      45”),
      as
      may be modified or supplemented, and that is not excluded from the initial
      recognition and measurement provisions of FIN 45 pursuant to paragraphs 6 or
      7
      of that Interpretation;

    

    (ii)  a
      retained or contingent interest in assets transferred to an unconsolidated
      entity or similar arrangement that serves as credit, liquidity or market risk
      support to such entity for such assets; 

    

    (iii)  any
      obligation, including a contingent obligation, under a contract that would
      be
      accounted for as a derivative instrument, except that it is both indexed to
      the
      Company’s own stock and classified in stockholders’ equity in the Company’s
      statement of financial position, and therefore excluded from the scope of FASB
      Statement of 

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

    

    Financial
      Accounting Standards No. 133, Accounting
      for Derivative Instruments and Hedging Activities
      (June
      1998), pursuant to paragraph 11(a) of that Statement, as may be modified or
      supplemented; or

    

    (iv)  any
      obligation, including a contingent obligation, arising out of a variable
      interest (as referenced in FASB Interpretation No. 46, Consolidation
      of Variable Interest Entities
      (January
      2003), as may be modified or supplemented) in an unconsolidated entity that
      is
      held by, and material to, the Company, where such entity provides financing,
      liquidity, market risk or credit risk support to, or engages in leasing, hedging
      or research and development services with, the Company.

    

    “Organization
      Documents”
means,
      (a) with respect to any corporation, the certificate or articles of
      incorporation and the bylaws (or equivalent or comparable constitutive documents
      with respect to any non-U.S. jurisdiction); (b) with respect to any limited
      liability company, the certificate or articles of formation or organization
      and
      operating agreement; and (c) with respect to any partnership, joint venture,
      trust or other form of business entity, the partnership, joint venture or other
      applicable agreement of formation or organization and any agreement, instrument,
      filing or notice with respect thereto filed in connection with its formation
      or
      organization with the applicable Governmental Authority in the jurisdiction
      of
      its formation or organization and, if applicable, any certificate or articles
      of
      formation or organization of such entity.

    

    “Other
      Taxes”
means
      all present or future stamp or documentary taxes or any other excise or property
      taxes, charges or similar levies arising from any payment made hereunder or
      under any other Loan Document or from the execution, delivery or enforcement
      of,
      or otherwise with respect to, this Agreement or any other Loan
      Document.

    

    “Outstanding
      Amount”
means
      (i) with respect to Committed Loans on any date, the Dollar Equivalent amount
      of
      the aggregate outstanding principal amount thereof after giving effect to any
      borrowings and prepayments or repayments of such Committed Loans occurring
      on
      such date; (ii) with respect to Swing Line Loans on any date, the aggregate
      outstanding principal amount thereof after giving effect to any borrowings
      and
      prepayments or repayments of such Swing Line Loans occurring on such date;
      and
      (iii) with respect to any L/C Obligations on any date, the Dollar Equivalent
      amount of the aggregate outstanding amount of such L/C Obligations on such
      date
      after giving effect to any L/C Credit Extension occurring on such date and
      any
      other changes in the aggregate amount of the L/C Obligations as of such date,
      including as a result of any reimbursements by the Company of Unreimbursed
      Amounts.

    

    “Overnight
      Rate”
means,
      for any day, (a) with respect to any amount denominated in Dollars, the greater
      of (i) the Federal Funds Rate and (ii) an overnight rate determined by the
      Administrative Agent or the Swing Line Lender, as the case may be, in accordance
      with banking industry rules on interbank compensation, and (b) with respect
      to
      any amount denominated in an Alternative Currency, the rate of interest per
      annum at which overnight deposits in the applicable Alternative Currency, in
      an
      amount approximately equal to the amount with respect to which such rate is
      being determined, would be offered for such day by a branch or Affiliate of
      Bank
      of America in the applicable offshore interbank market for such currency to
      major banks in such interbank market. 

    

    “Participant”
has
      the
      meaning specified in Section
      10.06(d).

    

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

    

    “PBGC”
means
      the Pension Benefit Guaranty Corporation.

    

    “PCAOB”
means
      the Public Company Accounting Oversight Board.

    
      
        
        

      

      
        18

        
          

        

      

      
        
        

      

    

    “Pension
      Plan”
means
      any “employee pension benefit plan” (as such term is defined in Section 3(2) of
      ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA
      and is sponsored or maintained by the Company or any ERISA Affiliate or to
      which
      the Company or any ERISA Affiliate contributes or has an obligation to
      contribute, or in the case of a multiple employer or other plan described in
      Section 4064(a) of ERISA, has made contributions at any time during the
      immediately preceding five plan years.

    

    “Permitted
      Acquisition”
means
      any Acquisition consummated on a non-hostile basis effected with the consent
      and
      approval of the board of directors or other applicable governing body of the
      Person being acquired, and with the duly obtained approval of such shareholders
      or other holders of equity or other ownership interest as such Person may be
      required to obtain (or in the case of an Acquisition of stock or other Equity
      Interest from the holders thereof, the absence of disapproval by the board
      of
      directors or other applicable body of the issuer of such stock or other Equity
      Interest), so long as (i) immediately prior to and immediately after the
      consummation of such Acquisition, no Default or Event of Default has occurred
      and is continuing, (ii) substantially all of the sales and operating profits
      generated by such Person (or assets) so acquired or invested are derived from
      a
      line or lines of business that complies with the covenant contained in
Section
      7.07,
      (iii)
      upon the consummation of the Permitted Acquisition, to the extent such
      acquisition was a stock acquisition and the Person so acquired is organized
      under the laws of any political subdivision of the United States, such Person
      is
      merged with and into a Loan Party, with such Loan Party being the survivor
      of
      such merger, or such Person executes and becomes a party to the Guaranty and
      Collateral Agreement, (iv) the Company shall be in compliance with the covenants
      contained in Section
      7.12
      (for
      this purpose such financial tests shall be determined on a pro forma basis
      as if
      the Acquisition has been consummated at the beginning of the period of the
      four
      consecutive fiscal quarters of the Company then most recently ended), provided
      that the Consolidated Leverage Ratio shall not be greater than 2.75:1.00, and
      (v) if the Cost of Acquisition for such Acquisition exceeds $10,000,000, the
      Company shall have delivered to the Administrative Agent (for delivery by the
      Administrative Agent to the Lenders) a Compliance Certificate dated as of the
      closing date of such proposed Acquisition demonstrating, in form and substance
      reasonably satisfactory to the Administrative Agent, compliance with clause
      (iv)
      above.

    

    “Person”
means
      any natural person, corporation, limited liability company, trust, joint
      venture, association, company, partnership, Governmental Authority or other
      entity.

    

    “Plan”
means
      any “employee benefit plan” (as such term is defined in Section 3(3) of ERISA)
      established by the Company or, with respect to any such plan that is subject
      to
      Section 412 of the Code or Title IV of ERISA, any ERISA Affiliate. 

    

    “Platform”
has
      the
      meaning specified in Section
      6.02.

    

    “Register”
has
      the
      meaning specified in Section
      10.06(c).

    

    “Registered
      Public Accounting Firm”
has
      the
      meaning specified in the Securities Laws and shall be independent of the Company
      as prescribed by the Securities Laws.

    

    “Related
      Credit Arrangements”
means,
      collectively, Related Swap Contracts and Related Treasury Management
      Arrangements.

    

    “Related
      Parties”
means,
      with respect to any Person, such Person’s Affiliates and the partners,
      directors, officers, employees, agents and advisors of such Person and of such
      Person’s Affiliates.

    
      
        
        

      

      
        19

        
          

        

      

      
        
        

      

    

    “Related
      Swap Contracts”
means
      all Swap Contracts which are entered into or maintained by any Loan Party with
      a
      Lender or Affiliate of a Lender and which are not prohibited by the express
      terms of the Loan Documents.

    

    “Related
      Treasury Management Arrangements”
      means
      all arrangements for the delivery of treasury management services to or for
      the
      benefit of any Loan Party which are entered into or maintained with a Lender
      or
      Affiliate of a Lender and which are not prohibited by the express terms of
      the
      Loan Documents.

    

    “Reportable
      Event”
means
      any of the events set forth in Section 4043(c)
      of
      ERISA, other than events for which the 30 day notice period has been
      waived.

    

    “Request
      for Credit Extension”
means
      (a) with respect to a Borrowing, conversion or continuation of Committed Loans,
      a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter
      of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line
      Loan Notice.

    

    “Required
      Lenders”
means,
      as of any date of determination, Lenders having more than 50% of the Aggregate
      Commitments or, if the commitment of each Lender to make Loans and the
      obligation of the L/C Issuers to make L/C Credit Extensions have been terminated
      pursuant to Section
      8.02,
      Lenders
      holding in the aggregate more than 50% of
      the
      Total Outstandings (with the aggregate amount of each Lender’s risk
      participation and funded participation in L/C Obligations and Swing Line Loans
      being deemed “held” by such Lender for purposes of this definition);
provided
      that the
      Commitment of, and the portion of the Total Outstandings held or deemed held
      by,
      any Defaulting Lender shall be excluded for purposes of making a determination
      of Required Lenders.

    

    “Responsible
      Officer”
means
      the chief executive officer, president, chief financial officer, treasurer,
      assistant treasurer or controller of a Loan Party. Any document delivered
      hereunder that is signed by a Responsible Officer of a Loan Party shall be
      conclusively presumed to have been authorized by all necessary corporate,
      partnership and/or other action on the part of such Loan Party and such
      Responsible Officer shall be conclusively presumed to have acted on behalf
      of
      such Loan Party.

    

    “Restricted
      Payment”
means
      any dividend or other distribution (whether in cash, securities or other
      property) with respect to any capital stock or other Equity Interest of the
      Company or any Subsidiary, or any payment (whether in cash, securities or other
      property), including any sinking fund or similar deposit, on account of the
      purchase, redemption, retirement, acquisition, cancellation or termination
      of
      any such capital stock or other Equity Interest, or on account of any return
      of
      capital to the Company’s stockholders, partners or members (or the equivalent
      Person thereof).

    

    “Revaluation
      Date”
means
      (a) with respect to any Loan, each of the following: (i) each date of a
      Borrowing of a Eurocurrency Rate Loan denominated in an Alternative Currency,
      (ii) each date of a continuation of a Eurocurrency Rate Loan denominated in
      an
      Alternative Currency pursuant to Section 2.02,
      and
      (iii) such additional dates as the Administrative Agent shall determine or
      the
      Required Lenders shall require; and (b) with respect to any Letter of Credit,
      each of the following: (i) each date of issuance of a Letter of Credit
      denominated in an Alternative Currency, (ii) each date of an amendment of any
      such Letter of Credit having the effect of increasing or decreasing the amount
      thereof (solely with respect to the increased or decreased amount), (iii) each
      date of any payment by an L/C Issuer under any Letter of Credit denominated
      in
      an Alternative Currency, (iv) in the case of the Existing Letters of Credit,
      the
      Closing Date, (v) the
      first
      Business Day of each month for any Letter of Credit denominated in an
      Alternative Currency, and (vi) such
      additional dates as the Administrative Agent or an L/C Issuer shall determine
      or
      the Required Lenders shall require.

    
      
        
        

      

      
        20

        
          

        

      

      
        
        

      

    

    “Same
      Day Funds”
means
      (a) with respect to disbursements and payments in Dollars, immediately available
      funds, and (b) with respect to disbursements and payments in an Alternative
      Currency, same day or other funds as may be determined by the Administrative
      Agent or an L/C Issuer, as the case may be, to be customary in the place of
      disbursement or payment for the settlement of international banking transactions
      in the relevant Alternative Currency.

    

    “Sarbanes-Oxley”
means
      the Sarbanes-Oxley Act of 2002.

    

    “SEC”
means
      the Securities and Exchange Commission, or any Governmental Authority succeeding
      to any of its principal functions.

    

    “Securities
      Laws”
means
      the Securities Act of 1933, the Securities Exchange Act of 1934, Sarbanes-Oxley
      and the applicable accounting and auditing principles, rules, standards and
      practices promulgated, approved or incorporated by the SEC or the
      PCAOB.

    

    “Security
      Instruments”
means,
      collectively or individually as the context may indicate, the Guaranty and
      Collateral Agreement and all other agreements (including control agreements),
      instruments and other documents, whether now existing or hereafter in effect,
      pursuant to which the Loan Parties or any other Person shall grant or convey
      to
      the Administrative Agent, for the benefit of the Lenders, a Lien in, or any
      other Person shall acknowledge any such Lien in, property as security for all
      or
      any portion of the Obligations, any other obligation under any Loan Document
      and
      any obligation or liability arising under any Related Swap Contracts, as any
      of
      them may be amended, modified or supplemented from time to time.

    

    “Shareholders’
      Equity”
means,
      as of any date of determination, consolidated shareholders’ equity of the
      Company and its Subsidiaries as of that date determined in accordance with
      GAAP.

    

    “Special
      Notice Currency”
means
      at any time an Alternative Currency, other than the currency of a country that
      is a member of the Organization for Economic Cooperation and Development at
      such
      time located in North America or Europe.

    

    “Spot
      Rate”
for
      a
      currency means the rate determined by the Administrative Agent or an L/C Issuer,
      as applicable, to be the rate quoted by the Person acting in such capacity
      as
      the spot rate for the purchase by such Person of such currency with another
      currency through its principal foreign exchange trading office at approximately
      11:00 a.m. on the date two Business Days prior to the date as of which the
      foreign exchange computation is made; provided that
      the
      Administrative Agent or an L/C Issuer may obtain such spot rate from another
      financial institution designated by the Administrative Agent or an L/C Issuer,
      as applicable, if the Person acting in such capacity does not have as of the
      date of determination a spot buying rate for any such currency; and provided further
      that an
      L/C Issuer may use such spot rate quoted on the date as of which the foreign
      exchange computation is made in the case of any Letter of Credit denominated
      in
      an Alternative Currency. 

    

    “Sterling”
and
      “£”
mean
      the lawful currency of the United Kingdom.

    

    “Subsidiary”
of
      a
      Person means a corporation, partnership, joint venture, limited liability
      company or other business entity of which a majority of the shares of securities
      or other interests having ordinary voting power for the election of directors
      or
      other governing body (other than securities or interests having such power
      only
      by reason of the happening of a contingency) are at the time beneficially owned,
      or the management of which is otherwise controlled, directly, or indirectly
      through one or more intermediaries, or both, by such Person. Unless otherwise
      specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall
      refer to a Subsidiary or Subsidiaries of the Company.

    
      
        
        

      

      
        21

        
          

        

      

      
        
        

      

    

    “Subsidiary
      Guarantors”
means,
      collectively, all Domestic Subsidiaries of the Company, other than Immaterial
      Domestic Subsidiaries.

    

    “Swap
      Contract”
means
      (a) any and all rate swap transactions, basis swaps, credit derivative
      transactions, forward rate transactions, commodity swaps, commodity options,
      forward commodity contracts, equity or equity index swaps or options, bond
      or
      bond price or bond index swaps or options or forward bond or forward bond price
      or forward bond index transactions, interest rate options, forward foreign
      exchange transactions, cap transactions, floor transactions, collar
      transactions, currency swap transactions, cross-currency rate swap transactions,
      currency options, spot contracts, or any other similar transactions or any
      combination of any of the foregoing (including any options to enter into any
      of
      the foregoing), whether or not any such transaction is governed by or subject
      to
      any master agreement, and (b) any and all transactions of any kind, and the
      related confirmations, which are subject to the terms and conditions of, or
      governed by, any form of master agreement published by the International Swaps
      and Derivatives Association, Inc., any International Foreign Exchange Master
      Agreement, or any other master agreement (any such master agreement, together
      with any related schedules, a “Master
      Agreement”),
      including any such obligations or liabilities under any Master
      Agreement.

    

    “Swap
      Termination Value”
means,
      in respect of any one or more Swap Contracts, after taking into account the
      effect of any legally enforceable netting agreement relating to such Swap
      Contracts, (a) for any date on or after the date such Swap Contracts have been
      closed out and termination value(s) determined in accordance therewith, such
      termination value(s), and (b) for any date prior to the date referenced
      in
      clause (a), the amount(s) determined as the mark-to-market value(s) for such
      Swap Contracts, as determined based upon one or more mid-market or other readily
      available quotations provided by any recognized dealer in such Swap Contracts
      (which may include a Lender or any Affiliate of a Lender).

    

    “Swing
      Line”
means
      the revolving credit facility made available by the Swing Line Lender pursuant
      to Section
      2.04.

    

    “Swing
      Line Borrowing”
means
      a
      borrowing of a Swing Line Loan pursuant to Section
      2.04.

    

    “Swing
      Line Lender”
means
      Bank of America in its capacity as provider of Swing Line Loans, or any
      successor swing line lender hereunder.

    

    “Swing
      Line Loan”
has
      the
      meaning specified in Section
      2.04(a).

    

    “Swing
      Line Loan Notice”
means
      a
      notice of a Swing Line Borrowing pursuant to Section
      2.04(b),
      which,
      if in writing, shall be substantially in the form of Exhibit
      B.

    

    “Swing
      Line Sublimit”
means
      an amount equal to the lesser of (a) $10,000,000 and (b) the Aggregate
      Commitments. The Swing Line Sublimit is part of, and not in addition to, the
      Aggregate Commitments.

    

    “Synthetic
      Lease Obligation”
means
      the monetary obligation of a Person under (a) a so-called synthetic, off-balance
      sheet or tax retention lease, or (b) an agreement for the use or possession
      of
      property creating obligations that do not appear on the balance sheet of such
      Person but which, upon the insolvency or bankruptcy of such Person, would be
      characterized as the indebtedness of such Person (without regard to accounting
      treatment).

    

    “TARGET
      Day”
means
      any day on which the Trans-European Automated Real-time Gross Settlement Express
      Transfer (TARGET) payment system (or, if such payment system ceases to be
      operative, such other payment system (if any) determined by the
      Administrative Agent to be a suitable replacement) is open for the settlement
      of
      payments in Euro.

    
      
        
        

      

      
        22

        
          

        

      

      
        
        

      

    

     

    “Taxes”
means
      all present or future taxes, levies, imposts, duties, deductions, withholdings,
      assessments, fees or other charges imposed by any Governmental Authority,
      including any interest, additions to tax or penalties applicable
      thereto.

    

    “Total
      Outstandings”
means
      the aggregate Outstanding Amount of all Loans and all L/C
      Obligations.

    

    “Type”
means,
      with respect to a Committed Loan, its character as a Base Rate Loan or a
      Eurocurrency Rate Loan.

    

    “Unfunded
      Pension Liability”
means
      the excess of a Pension Plan’s
      benefit
      liabilities under Section 4001(a)(16) of ERISA, over the current value of that
      Pension Plan’s
      assets,
      determined in accordance with the assumptions used for funding the Pension
      Plan
      pursuant to Section 412 of the Code for the applicable plan year.

    

    “United
      States”
and
      “U.S.”
mean
      the United States of America.

    

    “Unreimbursed
      Amount”
has
      the
      meaning specified in Section
      2.03(c)(i).

    

    1.02
        Other
      Interpretive Provisions.
      With
      reference to this Agreement and each other Loan Document, unless otherwise
      specified herein or in such other Loan Document:

    

    (i)  The
      definitions of terms herein shall apply equally to the singular and plural
      forms
      of the terms defined. Whenever the context may require, any pronoun shall
      include the corresponding masculine, feminine and neuter forms. The words
“include,”
      “includes”
and
      “including”
shall
      be deemed to be followed by the phrase “without limitation.” The word
“will”
shall
      be construed to have the same meaning and effect as the word “shall.”
Unless
      the context requires otherwise, (i) any definition of or reference to any
      agreement, instrument or other document (including any Organization Document)
      shall be construed as referring to such agreement, instrument or other document
      as from time to time amended, supplemented or otherwise modified (subject to
      any
      restrictions on such amendments, supplements or modifications set forth herein
      or in any other Loan Document), (ii) any reference herein to any Person shall
      be
      construed to include such Person’s successors and assigns, (iii) the words
“herein,”
      “hereof”
and
      “hereunder,”
and
      words of similar import when used in any Loan Document, shall be construed
      to
      refer to such Loan Document in its entirety and not to any particular provision
      thereof, (iv) all references in a Loan Document to Articles, Sections, Exhibits
      and Schedules shall be construed to refer to Articles and Sections of, and
      Exhibits and Schedules to, the Loan Document in which such references appear,
      (v) any reference to any law shall include all statutory and regulatory
      provisions consolidating, amending, replacing or interpreting such law and
      any
      reference to any law or regulation shall, unless otherwise specified, refer
      to
      such law or regulation as amended, modified or supplemented from time to time,
      and (vi) the words “asset”
and
      “property”
shall
      be construed to have the same meaning and effect and to refer to any and all
      tangible and intangible assets and properties, including cash, securities,
      accounts and contract rights.

    

    (ii)  In
      the
      computation of periods of time from a specified date to a later specified date,
      the word “from”
means
      “from
      and including;”
the
      words “to”
and
      “until”
each
      mean “to
      but
      excluding;”
and
      the word “through”
means
      “to
      and
      including.”

    
      
        
        

      

      
        23

        
          

        

      

      
        
        

      

    

    (iii)  Section
      headings herein and in the other Loan Documents are included for convenience
      of
      reference only and shall not affect the interpretation of this Agreement or
      any
      other Loan Document.

    

    1.03  Accounting
      Terms.
      (a)
Generally.
      All
      accounting terms not specifically or completely defined herein shall be
      construed in conformity with, and all financial data (including financial ratios
      and other financial calculations) required to be submitted pursuant to this
      Agreement shall be prepared in conformity with, GAAP applied on a consistent
      basis, as in effect from time to time, applied in a manner consistent with
      that
      used in preparing the Audited Financial Statements, except
      as
      otherwise specifically prescribed herein.

    

    (b)
          Changes
      in GAAP.
      If at
      any time any change in GAAP would affect the computation of any financial ratio
      or requirement set forth in any Loan Document, and either the Company or the
      Required Lenders shall so request, the Administrative Agent, the Lenders and
      the
      Company shall negotiate in good faith to amend such ratio or requirement to
      preserve the original intent thereof in light of such change in GAAP (subject
      to
      the approval of the Required Lenders); provided that,
      until
      so amended, (i) such ratio or requirement shall continue to be computed in
      accordance with GAAP prior to such change therein and (ii) the Company
      shall provide to the Administrative Agent and the Lenders financial statements
      and other documents required under this Agreement or as reasonably requested
      hereunder setting forth a reconciliation between calculations of such ratio
      or
      requirement made before and after giving effect to such change in GAAP.

    

    1.04  Rounding.
      Any
      financial ratios required to be maintained by the Borrower pursuant to this
      Agreement shall be calculated by dividing the appropriate component by the
      other
      component, carrying the result to one place more than the number of places
      by
      which such ratio is expressed herein and rounding the result up or down to
      the
      nearest number (with a rounding-up if there is no nearest number).

    

    1.05  Exchange
      Rates; Currency Equivalents.
      (a) The
      Administrative Agent or an L/C Issuer, as applicable, shall determine the Spot
      Rates as of each Revaluation Date to be used for calculating Dollar Equivalent
      amounts of Credit Extensions and Outstanding Amounts denominated in Alternative
      Currencies. Such Spot Rates shall become effective as of such Revaluation Date
      and shall be the Spot Rates employed in converting any amounts between the
      applicable currencies until the next Revaluation Date to occur. Except for
      purposes of financial statements delivered by Loan Parties hereunder or
      calculating financial covenants hereunder or except as otherwise provided
      herein, the applicable amount of any currency (other than Dollars) for purposes
      of the Loan Documents shall be such Dollar Equivalent amount as so determined
      by
      the Administrative Agent or the L/C Issuer, as applicable.

    

    (b)
  Wherever
      in this Agreement in connection with a Committed Borrowing, conversion,
      continuation or prepayment of a Eurocurrency Rate Loan or the issuance,
      amendment or extension of a Letter of Credit, an amount, such as a required
      minimum or multiple amount, is expressed in Dollars, but such Committed
      Borrowing, Eurocurrency Rate Loan or Letter of Credit is denominated in an
      Alternative Currency, such amount shall be the relevant Alternative Currency
      Equivalent of such Dollar amount (rounded to the nearest unit of such
      Alternative Currency, with 0.5 of a unit being rounded upward), as determined
      by
      the Administrative Agent or the L/C Issuer, as the case may be.

    

    1.06  Additional
      Alternative Currencies. (a)
      The
      Company may from time to time request that Eurocurrency Rate Loans be made
      and/or Letters of Credit be issued in a currency other than those specifically
      listed in the definition of “Alternative Currency;” provided that such requested
      currency is a lawful currency (other than Dollars) that is readily available
      and
      freely transferable and convertible into Dollars. In the case of any such
      request with respect to the making of Eurocurrency Rate Loans, such request
      shall be subject to

    
      
        
        

      

      
        24

        
          

        

      

      
        
        

      

    

    the
      approval of the Administrative Agent and the Lenders; and in the case of any
      such request with respect to the issuance of Letters of Credit, such request
      shall be subject to the approval of the Administrative Agent and each L/C
      Issuer.

    

    (b)
          Any
      such
      request shall be made to the Administrative Agent not later than 11:00 a.m.,
      20
      Business Days prior to the date of the desired Credit Extension (or such other
      time or date as may be agreed by the Administrative Agent and, in the case
      of
      any such request pertaining to Letters of Credit, the applicable L/C Issuer,
      in
      its or their sole discretion). In the case of any such request pertaining to
      Eurocurrency Rate Loans, the Administrative Agent shall promptly notify each
      Lender thereof; and in the case of any such request pertaining to Letters of
      Credit, the Administrative Agent shall promptly notify each L/C Issuer thereof.
      Each Lender (in the case of any such request pertaining to Eurocurrency Rate
      Loans) or each L/C Issuer (in the case of a request pertaining to Letters of
      Credit) shall notify the Administrative Agent, not later than 11:00 a.m., ten
      Business Days after receipt of such request whether it consents, in its sole
      discretion, to the making of Eurocurrency Rate Loans or the issuance of Letters
      of Credit, as the case may be, in such requested currency.

    

    (c)
          Any
      failure by a Lender or any L/C Issuer, as the case may be, to respond to such
      request within the time period specified in the preceding sentence shall be
      deemed to be a refusal by such Lender or such L/C Issuer, as the case may be,
      to
      permit Eurocurrency Rate Loans to be made or Letters of Credit to be issued
      in
      such requested currency. If the Administrative Agent and all the Lenders consent
      to making Eurocurrency Rate Loans in such requested currency, the Administrative
      Agent shall so notify the Company and such currency shall thereupon be deemed
      for all purposes to be an Alternative Currency hereunder for purposes of any
      Committed Borrowings of Eurocurrency Rate Loans; and if the Administrative
      Agent
      and each L/C Issuer consent to the issuance of Letters of Credit in such
      requested currency, the Administrative Agent shall so notify the Company and
      such currency shall thereupon be deemed for all purposes to be an Alternative
      Currency hereunder for purposes of any Letter of Credit issuances. If the
      Administrative Agent shall fail to obtain consent to any request for an
      additional currency under this Section
      1.06,
      the
      Administrative Agent shall promptly so notify the Company.

    

    1.07  Change
      of Currency.
      (a)
      Each obligation of the Borrowers to make a payment denominated in the national
      currency unit of any member state of the European Union that adopts the Euro
      as
      its lawful currency after the date hereof shall be redenominated into Euro
      at
      the time of such adoption (in accordance with the EMU Legislation). If, in
      relation to the currency of any such member state, the basis of accrual of
      interest expressed in this Agreement in respect of that currency shall be
      inconsistent with any convention or practice in the London interbank market
      for
      the basis of accrual of interest in respect of the Euro, such expressed basis
      shall be replaced by such convention or practice with effect from the date
      on
      which such member state adopts the Euro as its lawful currency; provided
      that if
      any Committed Borrowing in the currency of such member state is outstanding
      immediately prior to such date, such replacement shall take effect, with respect
      to such Committed Borrowing, at the end of the then current Interest
      Period.

    

    (b)
          Each
      provision of this Agreement shall be subject to such reasonable changes of
      construction as the Administrative Agent may from time to time specify to be
      appropriate to reflect the adoption of the Euro by any member state of the
      European Union and any relevant market conventions or practices relating to
      the
      Euro. 

    

    (c)
          Each
      provision of this Agreement also shall be subject to such reasonable changes
      of
      construction as the Administrative Agent may from time to time specify to be
      appropriate to reflect a change in currency of any other country and any
      relevant market conventions or practices relating to the change in
      currency.

    
      
        
        

      

      
        25

        
          

        

      

      
        
        

      

    

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

    

    1.09  Letter
      of Credit Amounts. Unless
      otherwise specified herein, the amount of a Letter of Credit at any time shall
      be deemed to be the Dollar Equivalent of the stated amount of such Letter of
      Credit in effect at such time; provided,
      however,
      that
      with respect to any Letter of Credit that, by its terms or the terms of any
      Issuer Document related thereto, provides for one or more automatic increases
      in
      the stated amount thereof, the amount of such Letter of Credit shall be deemed
      to be the Dollar Equivalent of the maximum stated amount of such Letter of
      Credit after giving effect to all such increases, whether or not such maximum
      stated amount is in effect at such time, it being understood that, at any point
      in time, only the then current stated amount shall be used in determining
      Consolidated Total Indebtedness for purposes of this Agreement.

    

    ARTICLE
      II.

    THE
      COMMITMENTS AND CREDIT EXTENSIONS

    

    2.01  Committed
      Loans.
      Subject
      to the terms and conditions set forth herein, each Lender severally agrees
      to
      make loans (each such loan, a “Committed
      Loan”)
      to the
      Borrowers in Dollars or in one or more Alternative Currencies from time to
      time,
      on any Business Day during the Availability Period, in an aggregate amount
      not
      to exceed at any time outstanding the amount of such Lender’s Commitment;
provided,
      however,
      that
      after giving effect to any Committed Borrowing, (i) the Total Outstandings
      shall not exceed the Aggregate Commitments, (ii) the aggregate Outstanding
      Amount of the Committed Loans of any Lender, plus
      such
      Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations,
plus
      such
      Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans
      shall not exceed such Lender’s Commitment, and (iii) the aggregate
      Outstanding Amount of all Committed Loans denominated in Alternative Currencies
      shall not exceed the Alternative Currency Sublimit. Within the limits of each
      Lender’s Commitment, and subject to the other terms and conditions hereof, the
      Borrowers may borrow under this Section
      2.01,
      prepay
      under Section
      2.05,
      and
      reborrow under this Section 2.01.
      Committed Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further
      provided herein.

    

    2.02  Borrowings,
      Conversions and Continuations of Committed Loans

    

    (a)
          Each
      Committed Borrowing, each conversion of Committed Loans from one Type to the
      other, and each continuation of Eurocurrency Rate Loans shall be made upon
      the
      Company’s irrevocable notice to the Administrative Agent, which may be given by
      telephone. Each such notice must be received by the Administrative Agent not
      later than 11:00 a.m. (i) three Business Days prior to the requested date
      of any Borrowing of, conversion to or continuation of Eurocurrency Rate Loans
      denominated in Dollars or of any conversion of Eurocurrency Rate Loans
      denominated in Dollars to Base Rate Committed Loans, (ii) four Business
      Days (or five Business Days in the case of a Special Notice
      Currency) prior
      to
      the requested date of any Borrowing or continuation of Eurocurrency Rate Loans
      denominated in Alternative Currencies, and (iii) on the requested date of
      any Borrowing of Base Rate Committed Loans. Each
      telephonic notice by the Company pursuant to this Section
      2.02(a)
      must be
      confirmed promptly by delivery to the Administrative Agent of a written
      Committed Loan Notice, appropriately completed and signed by a Responsible
      Officer of the Company. Each Borrowing of, conversion to or continuation of
      Eurocurrency Rate Loans denominated in Dollars shall be in a principal amount
      of
      $3,000,000 or a whole multiple of $500,000 in excess thereof. Each Borrowing
      of,
      conversion to or continuation of Eurocurrency Rate Loans denominated in
      Alternative Currencies shall be in a principal amount of $3,000,000 or a whole
      multiple of $500,000 in excess thereof. Except as provided in Sections
      2.03(c)
      and
2.04(c),
      each
      Committed Borrowing of or conversion to Base Rate Committed Loans shall be
      in a
      principal amount of $500,000 or a whole multiple of $100,000 in excess thereof.
      Each 

    
      
        
        

      

      
        26

        
          

        

      

      
        
        

      

    

    Committed
      Loan Notice (whether telephonic or written) shall specify (i) whether the
      Company is requesting a Committed Borrowing, a conversion of Committed Loans
      from one Type to the other, or a continuation of Eurocurrency Rate Loans,
      (ii) the requested date of the Borrowing, conversion or continuation, as
      the case may be (which shall be a Business Day), (iii) the principal amount
      of Committed Loans to be borrowed, converted or continued, (iv) the Type of
      Committed Loans to be borrowed or to which existing Committed Loans are to
      be
      converted, (v) if applicable, the duration of the Interest Period with
      respect thereto, (vi) the currency of the Committed Loans to be borrowed,
      and (vii) if applicable, the Designated Borrower. If the Company fails to
      specify a currency in a Committed Loan Notice requesting a Borrowing, then
      the
      Committed Loans so requested shall be made in Dollars. If the Company fails
      to
      specify a Type of Committed Loan in a Committed Loan Notice or if the Company
      fails to give a timely notice requesting a conversion or continuation, then
      the
      applicable Committed Loans shall be made as, or converted to, Base Rate Loans;
      provided,
      however,
      that in
      the case of a failure to timely request a continuation of Committed Loans
      denominated in an Alternative Currency, such Loans shall be continued as
      Eurocurrency Rate Loans in their original currency with an Interest Period
      of
      one month. Any automatic conversion to Base Rate Loans shall be effective as
      of
      the last day of the Interest Period then in effect with respect to the
      applicable Eurocurrency Rate Loans. If the Company requests a Borrowing of,
      conversion to, or continuation of Eurocurrency Rate Loans in any such Committed
      Loan Notice, but fails to specify an Interest Period, it will be deemed to
      have
      specified an Interest Period of one month. No Committed Loan may be converted
      into or continued as a Committed Loan denominated in a different currency,
      but
      instead must be prepaid in the original currency of such Committed Loan and
      reborrowed in the other currency.

    

    (b) 
        Following
      receipt of a Committed Loan Notice, the Administrative Agent shall promptly
      notify each Lender of the amount (and currency) of its Applicable Percentage
      of
      the applicable Committed Loans, and if no timely notice of a conversion or
      continuation is provided by the Company, the Administrative Agent shall notify
      each Lender of the details of any automatic conversion to Base Rate Loans or
      continuation of Committed Loans denominated in a currency other than Dollars,
      in
      each case as described in the preceding subsection. In the case of a Committed
      Borrowing, each Lender shall make the amount of its Committed Loan available
      to
      the Administrative Agent in Same Day Funds at the Administrative Agent’s Office
      for the applicable currency not later than 1:00 p.m., in the case of any
      Committed Loan denominated in Dollars, and not later than the Applicable Time
      specified by the Administrative Agent in the case of any Committed Loan in
      an
      Alternative Currency, in each case on the Business Day specified in the
      applicable Committed Loan Notice. Upon satisfaction of the applicable conditions
      set forth in Section
      4.02
      (and, if
      such Borrowing is the initial Credit Extension, Section
      4.01),
      the
      Administrative Agent shall make all funds so received available to the Company
      or the other applicable Borrower in like funds as received by the Administrative
      Agent either by (i) crediting the account of such Borrower on the books of
      Bank of America with the amount of such funds or (ii) wire transfer of such
      funds, in each case in accordance with instructions provided to (and reasonably
      acceptable to) the Administrative Agent by the Company; provided,
      however,
      that
      if, on the date the Committed Loan Notice with respect to such Borrowing
      denominated in Dollars is given by the Company, there are L/C Borrowings
      outstanding, then the proceeds of such Borrowing, first,
      shall
      be applied to the payment in full of any such L/C Borrowings, and, second,
      shall
      be made available to the applicable Borrower as provided above.

    

    (c) 
        Except
      as
      otherwise provided herein, a Eurocurrency Rate Loan may be continued or
      converted only on the last day of an Interest Period for such Eurocurrency
      Rate
      Loan. If a Default has occurred and is continuing and the Administrative Agent,
      at the request of the Required Lenders, so notifies the Company, then, so long
      as such Default is continuing, no Loans may be requested as, converted to or
      continued as Eurocurrency Rate Loans (whether in Dollars or any Alternative
      Currency) without the consent of the 

    
      
        
        

      

      
        27

        
          

        

      

      
        
        

      

    

    Required
      Lenders, and the Required Lenders may demand that any or all of the then
      outstanding Eurocurrency Rate Loans denominated in an Alternative Currency
      be
      prepaid, orredenominated into Dollars in the amount of the Dollar Equivalent
      thereof, on the last day of the then current Interest Period with respect
      thereto.

    

    (d)
  The
      Administrative Agent shall promptly notify the Company and the Lenders of the
      interest rate applicable to any Interest Period for Eurocurrency Rate Loans
      upon
      determination of such interest rate. At any time that Base Rate Loans are
      outstanding, the Administrative Agent shall notify the Company and the Lenders
      of any change in Bank of America’s prime rate used in determining the Base Rate
      promptly following the public announcement of such change.

    

    (e) 
        After
      giving effect to all Committed Borrowings, all conversions of Committed Loans
      from one Type to the other, and all continuations of Committed Loans as the
      same
      Type, there shall not be more than 15 Interest Periods in effect with respect
      to
      Committed Loans.

    

    2.03  Letters
      of Credit

    

    (a) 
         The
      Letter of Credit Commitment.

     

    (i)  Subject
      to the terms and conditions set forth herein, (A) each L/C Issuer agrees, in
      reliance upon the agreements of the Lenders set forth in this Section
      2.03,
      (1)
      from time to time on any Business Day during the period from the Closing Date
      until the Letter of Credit Expiration Date, to issue Letters of Credit
      denominated in Dollars or in one or more Alternative Currencies for the account
      of the Company or its Subsidiaries, and to amend or extend Letters of Credit
      previously issued by it, in accordance with subsection (b) below, and (2) to
      honor drawings under the Letters of Credit; and (B) the Lenders severally agree
      to participate in Letters of Credit issued for the account of the Company or
      its
      Subsidiaries and
      any
      drawings thereunder;
      provided
      that
      after giving effect to any L/C Credit Extension with respect to any Letter
      of
      Credit, (x) the Total Outstandings shall not exceed the Aggregate
      Commitments, (y) the aggregate Outstanding Amount of the Committed Loans of
      any Lender, plus
      such
      Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations,
plus
      such
      Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans
      shall not exceed such Lender’s Commitment, and (z) the Outstanding Amount
      of the L/C Obligations shall not exceed the Letter of Credit Sublimit. Each
      request by the Company for the issuance or amendment of a Letter of Credit
      shall
      be deemed to be a representation by the Company that the L/C Credit Extension
      so
      requested complies with the conditions set forth in the proviso to the preceding
      sentence. Within the foregoing limits, and subject to the terms and conditions
      hereof, the Company’s ability to obtain Letters of Credit shall be fully
      revolving, and accordingly the Company may, during the foregoing period, obtain
      Letters of Credit to replace Letters of Credit that have expired or that have
      been drawn upon and reimbursed. All Existing Letters of Credit shall be deemed
      to have been issued pursuant hereto, and from and after the Closing Date shall
      be subject to and governed by the terms and conditions hereof.

    

    (ii)
         No
      L/C
      Issuer shall issue any Letter of Credit, if:

     

         (A)  subject
      to Section
      2.03(b)(iii),
      the
      expiry date of such requested Letter of Credit would occur more than twelve
      months after the date of issuance or last extension, unless the Required Lenders
      have approved such expiry date; or

     

         (B)
  the
      expiry date of such requested Letter of Credit would occur after the Letter
      of
      Credit Expiration Date, unless all the Lenders have approved such expiry
      date.

    

    (iii)   No
      L/C
      Issuer shall be under any obligation to issue any Letter of Credit if:

    
      
        
        

      

      
        28

        
          

        

      

      
        
        

      

    

     (A)  any
      order, judgment or decree of any Governmental Authority or arbitrator shall
      by
      its terms purport to enjoin or restrain the L/C Issuer from issuing such Letter
      of Credit, or any Law applicable to the L/C Issuer or any request or directive
      (whether or not having the force of law) from any Governmental Authority with
      jurisdiction over the L/C Issuer shall prohibit, or request that the L/C Issuer
      refrain from, the issuance of letters of credit generally or such Letter of
      Credit in particular or shall impose upon the L/C Issuer with respect to such
      Letter of Credit any restriction, reserve or capital requirement (for which
      the
      L/C Issuer is not otherwise compensated hereunder) not in effect on the Closing
      Date, or shall impose upon the L/C Issuer any unreimbursed loss, cost or expense
      which was not applicable on the Closing Date and which the L/C Issuer in good
      faith deems material to it;

    

     (B)
        the
      issuance of such Letter of Credit would violate one or more policies of the
      L/C
      Issuer applicable to letters of credit generally;

    

     (C)
        except
      as
      otherwise agreed by the Administrative Agent and the L/C Issuer, such Letter
      of
      Credit is to be denominated in a currency other than Dollars or an Alternative
      Currency;

    

     (D)
        the
      L/C
      Issuer does not as of the issuance date of such requested Letter of Credit
      issue
      Letters of Credit in the requested currency;

    

     (E)
        such
      Letter of Credit contains any provisions for automatic reinstatement of the
      stated amount after any drawing thereunder; or

    

     (F)
        a
      default
      of any Lender’s obligations to fund under Section
      2.03(c)
      exists
      or any Lender is at such time a Defaulting Lender hereunder, unless the L/C
      Issuer has entered into reasonably satisfactory arrangements with the Company
      or
      such Lender to eliminate the L/C Issuer’s risk with respect to such
      Lender.

    

    (iv)   No
      L/C
      Issuer shall amend any Letter of Credit if the L/C Issuer would not be permitted
      at such time to issue such Letter of Credit in its amended form under the terms
      hereof.

    

    (v)    No
      L/C
      Issuer shall be under any obligation to amend any Letter of Credit if (A) the
      L/C Issuer would have no obligation at such time to issue such Letter of Credit
      in its amended form under the terms hereof, or (B) the beneficiary of such
      Letter of Credit does not accept the proposed amendment to such Letter of
      Credit.

    

    (vi)   Each
      L/C
      Issuer shall act on behalf of the Lenders with respect to any Letters of Credit
      issued by it and the documents associated therewith, and each L/C Issuer shall
      have all of the benefits and immunities (A) provided to the Administrative
      Agent in Article
      IX
      with
      respect to any acts taken or omissions suffered by such L/C Issuer in connection
      with Letters of Credit issued by it or proposed to be issued by it and Issuer
      Documents pertaining to such Letters of Credit as fully as if the term
“Administrative Agent” as used in Article
      IX
      included
      such L/C Issuer with respect to such acts or omissions, and (B) as additionally
      provided herein with respect to the L/C Issuers.

    
      
        
        

      

      
        29

        
          

        

      

      
        
        

      

    

    (b)   Procedures
      for Issuance and Amendment of Letters of Credit; Auto-Extension Letters of
      Credit.

    

    (i)    
Each
      Letter of Credit shall be issued or amended, as the case may be, upon the
      request of the Borrower delivered to the L/C Issuer (with a copy to the
      Administrative Agent) in the form of a Letter of Credit Application,
      appropriately completed and signed by a Responsible Officer of the Borrower
      or
      conforming with the electronic letter of credit system of the applicable L/C
      Issuer. Such Letter of Credit Application must be received by the applicable
      L/C
      Issuer and the Administrative Agent not later than 10:00 a.m. at least two
      Business Days (or such later date and time as the Administrative Agent and
      the
      applicable L/C Issuer may agree in a particular instance in their sole
      discretion) prior to the proposed issuance date or date of amendment, as the
      case may be. In the case of a request for an initial issuance of a Letter of
      Credit, such Letter of Credit Application shall specify in form and detail
      reasonably satisfactory to the applicable L/C Issuer: (A) the proposed issuance
      date of the requested Letter of Credit (which shall be a Business Day); (B)
      the
      amount and currency thereof; (C) the expiry date thereof; (D) the name and
      address of the beneficiary thereof; (E) the documents to be presented by such
      beneficiary in case of any drawing thereunder; (F) the full text of any
      certificate to be presented by such beneficiary in case of any drawing
      thereunder; and (G) such other matters as the L/C Issuer may require. In the
      case of a request for an amendment of any outstanding Letter of Credit, such
      Letter of Credit Application shall specify in form and detail reasonably
      satisfactory to the applicable L/C Issuer (A) the Letter of Credit to be
      amended; (B) the proposed date of amendment thereof (which shall be a Business
      Day); (C) the nature of the proposed amendment; and (D) such other matters
      as
      the L/C Issuer may require. Additionally, the Company shall furnish to the
      applicable L/C Issuer and the Administrative Agent such other documents and
      information pertaining to such requested Letter of Credit issuance or amendment,
      including any Issuer Documents, as the L/C Issuer or the Administrative Agent
      may require.

    

    (ii)
          Promptly
      after receipt of any Letter of Credit Application, the applicable L/C Issuer
      will confirm with the Administrative Agent (by telephone or in writing) that
      the
      Administrative Agent has received a copy of such Letter of Credit Application
      from the Company and, if not, the L/C Issuer will provide the Administrative
      Agent with a copy thereof. Unless the L/C Issuer has received written notice
      from any Lender, the Administrative Agent or any Loan Party, 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
      IV
      shall
      not then be satisfied, then, subject to the terms and conditions hereof, the
      L/C
      Issuer shall, on the requested date, issue a Letter of Credit for the account
      of
      the Company (or the applicable Subsidiary) or enter into the applicable
      amendment, as the case may be, in each case in accordance with the L/C Issuer’s
      usual and customary business practices. Immediately upon the issuance of each
      Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and
      unconditionally agrees to, purchase from the L/C Issuer a risk participation
      in
      such Letter of Credit in an amount equal to the product of such Lender’s
      Applicable Percentage times
      the
      amount of such Letter of Credit.

    

    (iii)    If
      the
      Company so requests in any applicable Letter of Credit Application, the
      applicable L/C Issuer may, in its sole and absolute discretion, agree to issue
      a
      Letter of Credit that has automatic extension provisions (each, an “Auto-Extension
      Letter of Credit”);
      provided that any such Auto-Extension Letter of Credit must permit the L/C
      Issuer to prevent any such extension at least once in each twelve-month period
      (commencing with the date of issuance of such Letter of Credit) by giving prior
      notice to the beneficiary thereof not later than a day (the “Non-Extension
      Notice Date”)
      in
      each such twelve-month period to be agreed upon at the time such Letter of
      Credit is 

    
      
        
        

      

      
        30

        
          

        

      

      
        
        

      

    

    issued.
      Unless otherwise directed by the L/C Issuer, the Company shall not be required
      to make a specific request to the L/C Issuer for any such extension. Once an
      Auto-Extension Letter of Credit has been issued, the Lenders shall be deemed
      to
      have authorized (but may not require) the L/C Issuer to permit the extension
      of
      such Letter of Credit at any time to an expiry date not later than the Letter
      of
      Credit Expiration Date; provided, however, that no L/C Issuer shall not permit
      any such extension if (A) such L/C Issuer has determined that it would not
      be
      permitted, or would have no obligation, at such time to issue such Letter of
      Credit in its revised form (as extended) under the terms hereof (by reason
      of
      the provisions of clause (ii)
      or
(iii)
      of
Section
      2.03(a)
      or
      otherwise), or (B) it has received notice (which may be by telephone or in
      writing) on or before the day that is five Business Days before the
      Non-Extension Notice Date (1) from the Administrative Agent that the Required
      Lenders have elected not to permit such extension or (2) from the Administrative
      Agent, any Lender or the Company that one or more of the applicable conditions
      specified in Section
      4.02
      is not
      then satisfied, and in each such case directing such L/C Issuer not to permit
      such extension.

    

    (iv)   Promptly
      after its delivery of any Letter of Credit or any amendment to a Letter of
      Credit to an advising bank with respect thereto or to the beneficiary thereof,
      the L/C Issuer will also deliver to the Company and the Administrative Agent
      a
      true and complete copy of such Letter of Credit or amendment.

    

    (c)    Drawings
      and Reimbursements; Funding of Participations.

    

    (i)
           Upon
      receipt from the beneficiary of any Letter of Credit of any notice of a drawing
      under such Letter of Credit, the L/C Issuer shall notify the Company and the
      Administrative Agent thereof. In the case of a Letter of Credit denominated
      in
      an Alternative Currency, the Company shall reimburse the L/C Issuer in such
      Alternative Currency, unless (A) the L/C Issuer (at its option) shall have
      specified in such notice that it will require reimbursement in Dollars, or
      (B)
      in the absence of any such requirement for reimbursement in Dollars, the Company
      shall have notified the L/C Issuer promptly following receipt of the notice
      of
      drawing that the Company will reimburse the L/C Issuer in Dollars. In the case
      of any such reimbursement in Dollars of a drawing under a Letter of Credit
      denominated in an Alternative Currency, the L/C Issuer shall notify the Company
      of the Dollar Equivalent of the amount of the drawing promptly following the
      determination thereof by the Administrative Agent. Not later than 10:00 a.m.
      on
      the date of any payment by the L/C Issuer under a Letter of Credit to be
      reimbursed in Dollars, or the Applicable Time on the date of any payment by
      the
      L/C Issuer under a Letter of Credit to be reimbursed in an Alternative Currency
      (each such date, an “Honor
      Date”)
      or, if
      the Company receives notification of such drawing after 11:00 a.m. on an Honor
      Date, then no later than 11:00 a.m. on the next Business Day, the Company shall
      reimburse the applicable L/C Issuer in an amount equal to the amount of such
      drawing and in the applicable currency. If the Company fails to so reimburse
      the
      L/C Issuer by such time, the Administrative Agent shall promptly notify each
      Lender of the Honor Date, the amount of the unreimbursed drawing (expressed
      in
      Dollars in the amount of the Dollar Equivalent thereof in the case of a Letter
      of Credit denominated in an Alternative Currency) (the “Unreimbursed
      Amount”),
      and
      the amount of such Lender’s Applicable Percentage thereof. In such event, the
      Company shall be deemed to have requested a Committed Borrowing of Base Rate
      Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed
      Amount, without regard to the minimum and multiples specified in Section
      2.02
      for the
      principal amount of Base Rate Loans, but subject to the amount of the unutilized
      portion of the Aggregate Commitments and the conditions set forth in
Section
      4.02
      (other
      than the delivery of a Committed Loan Notice). Any notice given by the L/C
      Issuer or the Administrative Agent pursuant to this Section
      2.03(c)(i)
      may be
      given by telephone if immediately confirmed in writing; provided
      that the
      lack of such an immediate confirmation shall not affect the conclusiveness
      or
      binding effect of such notice.

    
      
        
        

      

      
        31

        
          

        

      

      
        
        

      

    

    (ii)
          Each
      Lender shall upon any notice pursuant to Section
      2.03(c)(i)
      make
      funds available to the Administrative Agent for the account of the L/C Issuer,
      in Dollars, at the Administrative Agent’s Office for Dollar-denominated payments
      in an amount equal to its Applicable Percentage of the Unreimbursed Amount
      not
      later than 12:00 noon on the Business Day specified in such notice by the
      Administrative Agent, whereupon, subject to the provisions of Section
      2.03(c)(iii),
      each
      Lender that so makes funds available shall be deemed to have made a Base Rate
      Committed Loan to the Company in such amount. The Administrative Agent shall
      remit the funds so received to the L/C Issuer in Dollars.

    

    (iii)    With
      respect to any Unreimbursed Amount that is not fully refinanced by a Committed
      Borrowing of Base Rate Loans because the conditions set forth in Section
      4.02
      cannot
      be satisfied or for any other reason, the Company shall be deemed to have
      incurred from the L/C Issuer an L/C Borrowing in the amount of the Unreimbursed
      Amount that is not so refinanced, which L/C Borrowing shall be due and payable
      on demand (together with interest) and shall bear interest at the Default Rate.
      In such event, each Lender’s payment to the Administrative Agent for the account
      of the L/C Issuer pursuant to Section
      2.03(c)(ii)
      shall be
      deemed payment in respect of its participation in such L/C Borrowing and shall
      constitute an L/C Advance from such Lender in satisfaction of its participation
      obligation under this Section
      2.03.

    

    (iv)    Until
      each Lender funds its Committed Loan or L/C Advance pursuant to this
Section
      2.03(c)
      to
      reimburse the L/C Issuer for any amount drawn under any Letter of Credit,
      interest in respect of such Lender’s Applicable Percentage of such amount shall
      be solely for the account of the L/C Issuer.

    

    (v)    Each
      Lender’s obligation to make Committed Loans or L/C Advances to reimburse the L/C
      Issuer for amounts drawn under Letters of Credit, as contemplated by this
Section
      2.03(c),
      shall
      be absolute and unconditional and shall not be affected by any circumstance,
      including (A) any setoff, counterclaim, recoupment, defense or other right
      which
      such Lender may have against the L/C Issuer, the Company, any Subsidiary or
      any
      other Person for any reason whatsoever; (B) the occurrence or continuance of
      a
      Default, or (C) any other occurrence, event or condition, whether or not similar
      to any of the foregoing; provided,
      however,
      that
      each Lender’s obligation to make Committed Loans pursuant to this Section
      2.03(c)
      is
      subject to the conditions set forth in Section
      4.02
      (other
      than delivery by the Company of a Committed Loan Notice). No such making of
      an
      L/C Advance shall relieve or otherwise impair the obligation of the Company
      to
      reimburse the L/C Issuer for the amount of any payment made by the L/C Issuer
      under any Letter of Credit, together with interest as provided
      herein.

    

    (vi)   If
      any
      Lender fails to make available to the Administrative Agent for the account
      of
      the L/C Issuer any amount required to be paid by such Lender pursuant to the
      foregoing provisions of this Section
      2.03(c)
      by the
      time specified in Section
      2.03(c)(ii),
      the L/C
      Issuer shall be entitled to recover from such Lender (acting through the
      Administrative Agent), on demand, such amount with interest thereon for the
      period from the date such payment is required to the date on which such payment
      is immediately available to the L/C Issuer at a rate per annum equal to the
      applicable Overnight Rate from time to time in effect, plus any administrative,
      processing or similar fees customarily charged by the L/C Issuer in connection
      with the foregoing. If such Lender pays such amount (with interest and fees
      as
      aforesaid), the amount so paid shall constitute such Lender’s Committed Loan
      included in the relevant Committed Borrowing or L/C Advance in respect of the
      relevant L/C Borrowing, as the case may be. A certificate of the L/C Issuer
      submitted to any Lender (through the Administrative Agent) with respect to
      any
      amounts owing under this clause (vi) shall be conclusive absent manifest
      error.

    
      
        
        

      

      
        32

        
          

        

      

      
        
        

      

    

    (d)   Repayment
      of Participations. 

    

    (i)
    At
      any
      time after the L/C Issuer has made a payment under any Letter of Credit and
      has
      received from any Lender such Lender’s L/C Advance in respect of such payment in
      accordance with Section
      2.03(c),
      if the
      Administrative Agent receives for the account of the L/C Issuer any payment
      in
      respect of the related Unreimbursed Amount or interest thereon (whether directly
      from the Company or otherwise, including proceeds of Cash Collateral applied
      thereto by the Administrative Agent), the Administrative Agent will distribute
      to such Lender its Applicable Percentage thereof in Dollars and in the same
      funds as those received by the Administrative Agent.

    

    (ii)    If
      any
      payment received by the Administrative Agent for the account of the L/C Issuer
      pursuant to Section
      2.03(c)(i)
      is
      required to be returned under any of the circumstances described in Section
      10.05
      (including pursuant to any settlement entered into by the L/C Issuer in its
      discretion), each Lender shall pay to the Administrative Agent for the account
      of the L/C Issuer its Applicable Percentage thereof on demand of the
      Administrative Agent, plus interest thereon from the date of such demand to
      the
      date such amount is returned by such Lender, at a rate per annum equal to the
      applicable Overnight Rate from time to time in effect. The obligations of the
      Lenders under this clause shall survive the payment in full of the Obligations
      and the termination of this Agreement.

    

    (e)    Obligations
      Absolute. The
      obligation of the Company to reimburse the L/C Issuer for each drawing under
      each Letter of Credit and to repay each L/C Borrowing shall be absolute,
      unconditional and irrevocable, and shall be paid strictly in accordance with
      the
      terms of this Agreement under all circumstances, including the
      following:

    

    (i)
           any
      lack
      of validity or enforceability of such Letter of Credit, this Agreement, or
      any
      other Loan Document;

    

    (ii)
          the
      existence of any claim, counterclaim, setoff, defense or other right that the
      Company or any Subsidiary may have at any time against any beneficiary or any
      transferee of such Letter of Credit (or any Person for whom any such beneficiary
      or any such transferee may be acting), the L/C Issuer or any other Person,
      whether in connection with this Agreement, the transactions contemplated hereby
      or by such Letter of Credit or any agreement or instrument relating thereto,
      or
      any unrelated transaction;

    

    (iii)    any
      draft, demand, certificate or other document presented under such Letter of
      Credit proving to be forged, fraudulent, invalid or insufficient in any respect
      or any statement therein being untrue or inaccurate in any respect; or any
      loss
      or delay in the transmission or otherwise of any document required in order
      to
      make a drawing under such Letter of Credit;

    

    (iv)    any
      payment by the L/C Issuer under such Letter of Credit against presentation
      of a
      draft or certificate that does not strictly comply with the terms of such Letter
      of Credit; or any payment made by the L/C Issuer under such Letter of Credit
      to
      any Person purporting to be a trustee in bankruptcy, debtor-in-possession,
      assignee for the benefit of creditors, liquidator, receiver or other
      representative of or successor to any beneficiary or any transferee of such
      Letter of Credit, including any arising in connection with any proceeding under
      any Debtor Relief Law;

    

    (v)
    any
      adverse change in the relevant exchange rates or in the availability of the
      relevant Alternative Currency to the Company or any Subsidiary or in the
      relevant currency markets generally; or

    
      
        
        

      

      
        33

        
          

        

      

      
        
        

      

    

    (vi)    any
      other
      circumstance or happening whatsoever, whether or not similar to any of the
      foregoing, including any other circumstance that might otherwise constitute
      a
      defense available to, or a discharge of, the Company or any
      Subsidiary.

    

    The
      Company shall promptly examine a copy of each Letter of Credit and each
      amendment thereto that is delivered to it and, in the event of any claim of
      noncompliance with the Company’s
      instructions or other irregularity, the Company will promptly (but in any event
      within four business hours after the Company's receipt of such copy) notify
      the
      L/C Issuer by telephone. The Company shall be conclusively deemed to have waived
      any such claim against the L/C Issuer and its correspondents unless such notice
      is given as aforesaid.

    

    (f)    Role
      of L/C Issuer. Each
      Lender and the Company agree that, in paying any drawing under a Letter of
      Credit, the L/C Issuer shall not have any responsibility to obtain any document
      (other than any sight draft, certificates and documents expressly required
      by
      the Letter of Credit) or to ascertain or inquire as to the validity or accuracy
      of any such document or the authority of the Person executing or delivering
      any
      such document. None of the L/C Issuers, the Administrative Agent, any of their
      respective Related Parties nor any correspondent, participant or assignee of
      the
      L/C Issuer shall be liable to any Lender for (i) any action taken or omitted
      in
      connection herewith at the request or with the approval of the Lenders or the
      Required Lenders, as applicable; (ii) any action taken or omitted in the absence
      of gross negligence or willful misconduct; or (iii) the due execution,
      effectiveness, validity or enforceability of any document or instrument related
      to any Letter of Credit or Issuer Document. The Company hereby assumes all
      risks
      of the acts or omissions of any beneficiary or transferee with respect to its
      use of any Letter of Credit; provided,
      however,
      that
      this assumption is not intended to, and shall not, preclude the
      Company’s
      pursuing such rights and remedies as it may have against the beneficiary or
      transferee at law or under any other agreement. None of the L/C Issuers, the
      Administrative Agent, any of their respective Related Parties nor any
      correspondent, participant or assignee of the L/C Issuer shall be liable or
      responsible for any of the matters described in clauses (i) through (v) of
      Section
      2.03(e);
      provided,
      however,
      that
      anything in such clauses to the contrary notwithstanding, the Company may have
      a
      claim against an L/C Issuer, and an L/C Issuer may be liable to the Company,
      to
      the extent, but only to the extent, of any direct, as opposed to consequential
      or exemplary, damages suffered by the Company which the Company proves were
      caused by such L/C Issuer’s willful misconduct or gross negligence or such L/C
      Issuer’s willful failure to pay under any Letter of Credit after the
      presentation to it by the beneficiary of a sight draft and certificate(s)
      strictly complying with the terms and conditions of a Letter of
      Credit. 
      In
      furtherance and not in limitation of the foregoing, the L/C Issuer may accept
      documents that appear on their face to be in order, without responsibility
      for
      further investigation, regardless of any notice or information to the contrary,
      and the L/C Issuer shall not be responsible for the validity or sufficiency
      of
      any instrument transferring or assigning or purporting to transfer or assign
      a
      Letter of Credit or the rights or benefits thereunder or proceeds thereof,
      in
      whole or in part, which may prove to be invalid or ineffective for any reason.
      Each L/C Issuer shall send a report to the Administrative Agent on each Business
      Day detailing each outstanding Letter of Credit and any changes
      thereto.

    

    (g)   Cash
      Collateral.
      (i)
      Upon the request of the Administrative Agent, (A) if the L/C Issuer has honored
      any full or partial drawing request under any Letter of Credit and such drawing
      has resulted in an L/C Borrowing, or (B) if, as of the Letter of Credit
      Expiration Date, any L/C Obligation for any reason remains outstanding, the
      Company shall, in each case, immediately Cash Collateralize the then Outstanding
      Amount of all L/C Obligations.

    

    (ii)
          In
      addition, if the Administrative Agent notifies the Company at any time that
      the
      Outstanding Amount of all L/C Obligations at such time exceeds 105% of the
      Letter of Credit Sublimit then in effect, then, within two Business Days after
      receipt of such notice, the Company shall
      Cash Collateralize the L/C Obligations in an amount equal to the amount by
      which
      the Outstanding Amount of all L/C Obligations exceeds the Letter of Credit
      Sublimit.

    
      
        
        

      

      
        34

        
          

        

      

      
        
        

      

    

    

    (iii)    The
      Administrative Agent may, at any time and from time to time after the initial
      deposit of Cash Collateral, request that additional Cash Collateral be provided
      in order to protect against the results of exchange rate
      fluctuations.

    

    (iv)    Sections
      2.05
      and
8.02(c)
      set
      forth certain additional requirements to deliver Cash Collateral hereunder.
      For
      purposes of this Section
      2.03,
      Section
      2.05 and
      Section
      8.02(c),
      “Cash
      Collateralize”
means
      to pledge and deposit with or deliver to the Administrative Agent, for the
      benefit of an L/C Issuer and the Lenders, as collateral for the L/C Obligations,
      cash or deposit account balances pursuant to documentation in form and substance
      reasonably satisfactory to the Administrative Agent and the applicable L/C
      Issuer (which documents are hereby consented to by the Lenders). Derivatives
      of
      such term have corresponding meanings. The Company hereby grants to the
      Administrative Agent, for the benefit of the L/C Issuers and the Lenders, a
      security interest in all such cash, deposit accounts and all balances therein
      and all proceeds of the foregoing. Cash Collateral shall be maintained in
      blocked, non-interest bearing deposit accounts at Bank of America.

    

    (h)   Applicability
      of ISP. Unless
      otherwise expressly agreed by the L/C Issuer and the Company when a Letter
      of
      Credit is issued (including any such agreement applicable to an Existing Letter
      of Credit), the rules of the ISP shall apply to each Letter of
      Credit.

    

    (i)
          Letter
      of Credit Fees.
      The
      Company shall pay to the Administrative Agent for the account of each Lender
      in
      accordance with its Applicable Percentage, in Dollars, a Letter of Credit fee
      (the “Letter
      of Credit Fee”) for
      each
      Letter of Credit equal to the Applicable Rate times
      the
      Dollar Equivalent of the daily amount available to be drawn under such Letter
      of
      Credit. For purposes of computing the daily amount available to be drawn under
      any Letter of Credit, the amount of such Letter of Credit shall be determined
      in
      accordance with Section
      1.09.
      Letter
      of Credit Fees shall be (i) due and payable on the first Business Day after
      the
      end of each March, June, September and December, commencing with the first
      such
      date to occur after the issuance of such Letter of Credit, on the Letter of
      Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly
      basis in arrears. If there is any change in the Applicable Rate during any
      quarter, the daily amount available to be drawn under each Letter of Credit
      shall be computed and multiplied by the Applicable Rate separately for each
      period during such quarter that such Applicable Rate was in effect.
      Notwithstanding anything to the contrary contained herein, upon the request
      of
      the Required Lenders, while any Event of Default exists, all Letter of Credit
      Fees shall accrue at the Default Rate.

    

    (j)
    Fronting
      Fee and Documentary and Processing Charges Payable to L/C
      Issuers. The
      Company shall pay directly to each L/C Issuer for its own account, in Dollars,
      a
      fronting fee with respect to each Letter of Credit, such rate or rates and
      payable as shall be mutually agreed upon between the applicable L/C Issuer
      and
      the Company (and, unless otherwise agreed, to be 0.125%), computed on the Dollar
      Equivalent of the daily amount available to be drawn under such Letter of Credit
      on a quarterly basis in arrears. Such fronting fee shall be due and payable
      on
      the tenth Business Day after the end of each March, June, September and December
      in respect of the most recently-ended quarterly period (or portion thereof,
      in
      the case of the first payment), commencing with the first such date to occur
      after the issuance of such Letter of Credit, on the Letter of Credit Expiration
      Date and thereafter on demand. For purposes of computing the daily amount
      available to be drawn under any Letter of Credit, the amount of such Letter
      of
      Credit shall be determined in accordance with Section
      1.09.
      In
      addition, the Company shall pay directly to each L/C Issuer for its own account,
      in Dollars, the customary issuance, presentation, amendment and other processing
      fees, and other standard costs and charges, of such L/C Issuer relating to
letters
      of credit as from time to time in effect. Such customary fees and standard
      costs
      and charges are due and payable on demand and are
      nonrefundable.

    
      
        
        

      

      
        35

        
          

        

      

      
        
        

      

    

     

    (k)    Conflict
      with Issuer Documents.
      In the
      event of any conflict between the terms hereof and the terms of any Issuer
      Document, the terms hereof shall control.

    

    (l)
    Letters
      of Credit Issued for Subsidiaries.
      Notwithstanding that a Letter of Credit issued or outstanding hereunder is
      in
      support of any obligations of, or is for the account of, a Subsidiary, the
      Company shall be obligated to reimburse the L/C Issuer hereunder for any and
      all
      drawings under such Letter of Credit. The Company hereby acknowledges that
      the
      issuance of Letters of Credit for the account of Subsidiaries inures to the
      benefit of the Company, and that the Company’s business derives substantial
      benefits from the businesses of such Subsidiaries.

    

    (m)   Designation
      of Additional L/C Issuers.
      By
      written notice from the Company delivered to the Administrative Agent, the
      Company may from time to time, so long as no Default or Event of Default shall
      have occurred and be continuing, designate additional Lenders to act as L/C
      Issuers hereunder, provided that (i) each Lender so designated shall have
      delivered to the Administrative Agent written notice of its acceptance (which
      acceptance may be a part of or delivered separate from the notice of
      designation), and (ii) such notice of designation and related acceptance shall
      be delivered not later than fifteen (15) Business Days prior to the initial
      issuance of any Letter of Credit by such designated L/C Issuer (except that
      any
      designation and acceptance delivered on the Closing Date shall be effective
      immediately). Without limiting the provisions of Section
      10.07(h),
      each
      L/C Issuer so designated hereunder shall continue in such capacity until it
      shall, by written notice delivered to the Administrative Agent and the Company,
      terminate its status as L/C Issuer (which notice shall be effective thirty
      (30)
      Business Days following receipt by the Administrative Agent of such notice
      and
      consent or such later date as may be specified in such notice); provided that
      no
      such termination shall be permitted or effective until all Letters of Credit
      issued by such L/C Issuer shall have expired or otherwise terminated and all
      other L/C Obligations with respect to Letters of Credit issued by such L/C
      Issuer shall have been paid and satisfied in full.

    

    2.04
         Swing
      Line Loans

    

    (a)    The
      Swing Line.
      Subject
      to the terms and conditions set forth herein, the Swing Line Lender agrees,
      in
      reliance upon the agreements of the other Lenders set forth in this Section
      2.04,
      to make
      loans in Dollars (each such loan, a “Swing
      Line Loan”)
      to the
      Company from time to time on any Business Day during the Availability Period
      in
      an aggregate amount not to exceed at any time outstanding the amount of the
      Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when
      aggregated with the Applicable Percentage of the Outstanding Amount of Committed
      Loans and L/C Obligations of the Lender acting as Swing Line Lender, may exceed
      the amount of such Lender’s Commitment; provided,
      however,
      that
      after giving effect to any Swing Line Loan, (i) the Total Outstandings
      shall not exceed the Aggregate Commitments, and (ii) the aggregate
      Outstanding Amount of the Committed Loans of any Lender, plus
      such
      Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations,
plus
      such
      Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans
      shall not exceed such Lender’s Commitment, and provided,
      further,
      that
      the Company shall not use the proceeds of any Swing Line Loan to refinance
      any
      outstanding Swing Line Loan. Within the foregoing limits, and subject to the
      other terms and conditions hereof, the Company may borrow under this
Section
      2.04,
      prepay
      under Section
      2.05,
      and
      reborrow under this Section
      2.04.
      Each
      Swing Line Loan shall be a Base Rate Loan. Immediately upon the making of a
      Swing Line Loan, each Lender shall be deemed to, and hereby irrevocably and
      unconditionally agrees to, purchase from the Swing Line Lender a risk
      participation in such Swing Line Loan in an amount equal to the product of
      such
      Lender’s Applicable Percentage times
      the
      amount of such Swing Line Loan.

    
      
        
        

      

      
        36

        
          

        

      

      
        
        

      

    

    (b)    Borrowing
      Procedures.
      Each
      Swing Line Borrowing shall be made upon the Company’s irrevocable notice to the
      Swing Line Lender and the Administrative Agent, which may be given by telephone.
      Each such notice must be received by the Swing Line Lender and the
      Administrative Agent not later than 2:00 p.m. on the requested borrowing date,
      and shall specify (i) the amount to be borrowed, which shall be a minimum of
      $100,000, and (ii) the requested borrowing date, which shall be a Business
      Day.
      Each such telephonic notice must be confirmed promptly by delivery to the Swing
      Line Lender and the Administrative Agent of a written Swing Line Loan Notice,
      appropriately completed and signed by a Responsible Officer of the Company.
      Promptly after receipt by the Swing Line Lender of any telephonic Swing Line
      Loan Notice, the Swing Line Lender will confirm with the Administrative Agent
      (by telephone or in writing) that the Administrative Agent has also received
      such Swing Line Loan Notice and, if not, the Swing Line Lender will notify
      the
      Administrative Agent (by telephone or in writing) of the contents thereof.
      Unless the Swing Line Lender has received notice (by telephone or in writing)
      from the Administrative Agent (including at the request of any Lender) prior
      to
      3:00 p.m. on the date of the proposed Swing Line Borrowing (A) directing the
      Swing Line Lender not to make such Swing Line Loan as a result of the
      limitations set forth in the proviso to the first sentence of Section
      2.04(a),
      or (B)
      that one or more of the applicable conditions specified in Article
      IV
      is not
      then satisfied, then, subject to the terms and conditions hereof, the Swing
      Line
      Lender will, not later than 3:00 p.m. on the borrowing date specified in such
      Swing Line Loan Notice, make the amount of its Swing Line Loan available to
      the
      Company at its office by crediting the account of the Company on the books
      of
      the Swing Line Lender in Same Day Funds.

    

    (c)    Refinancing
      of Swing Line Loans.

    

    (i)
    The
      Swing
      Line Lender at any time in its sole and absolute discretion may request, on
      behalf of the Company (which hereby irrevocably authorizes the Swing Line Lender
      to so request on its behalf), that each Lender make a Base Rate Committed Loan
      in an amount equal to such Lender’s Applicable Percentage of the amount of Swing
      Line Loans then outstanding. Such request shall be made in writing (which
      written request shall be deemed to be a Committed Loan Notice for purposes
      hereof) and in accordance with the requirements of Section
      2.02,
      without
      regard to the minimum and multiples specified therein for the principal amount
      of Base Rate Loans, but subject to the unutilized portion of the Aggregate
      Commitments and the conditions set forth in Section
      4.02.
      The
      Swing Line Lender shall furnish the Company with a copy of the applicable
      Committed Loan Notice promptly after delivering such notice to the
      Administrative Agent. Each Lender shall make an amount equal to its Applicable
      Percentage of the amount specified in such Committed Loan Notice available
      to
      the Administrative Agent in Same Day Funds for the account of the Swing Line
      Lender at the Administrative Agent’s Office for Dollar-denominated payments not
      later than 12:00 noon on the day specified in such Committed Loan Notice,
      whereupon, subject to Section
      2.04(c)(ii),
      each
      Lender that so makes funds available shall be deemed to have made a Base Rate
      Committed Loan to the Company in such amount. The Administrative Agent shall
      remit the funds so received to the Swing Line Lender.

    

    (ii)
          If
      for
      any reason any Swing Line Loan cannot be refinanced by such a Committed
      Borrowing in accordance with Section
      2.04(c)(i),
      the
      request for Base Rate Committed Loans submitted by the Swing Line Lender as
      set
      forth herein shall be deemed to be a request by the Swing Line Lender that
      each
      of the Lenders fund its risk participation in the relevant Swing Line Loan
      and
      each Lender’s payment to the Administrative Agent for the account of the Swing
      Line Lender pursuant to Section
      2.04(c)(i)
      shall be
      deemed payment in respect of such participation.

    
      
        
        

      

      
        37

        
          

        

      

      
        
        

      

    

    (iii)    If
      any
      Lender fails to make available to the Administrative Agent for the account
      of
      the Swing Line Lender any amount required to be paid by such Lender pursuant
      to
      the foregoing provisions of this Section
      2.04(c)
      by the
      time specified in Section
      2.04(c)(i),
      the
      Swing Line Lender shall be entitled to recover from such Lender (acting through
      the Administrative Agent), on demand, such amount with interest thereon for
      the
      period from the date such payment is required to the date on which such payment
      is immediately available to the Swing Line Lender at a rate per annum equal
      to
      the applicable Overnight Rate from time to time in effect, plus any
      administrative, processing or similar fees customarily charged by the Swing
      Line
      Lender in connection with the foregoing. If such Lender pays such amount (with
      interest and fees as aforesaid), the amount so paid shall constitute such
      Lender’s Committed Loan included in the relevant Committed Borrowing or funded
      participation in the relevant Swing Line Loan, as the case may be. A certificate
      of the Swing Line Lender submitted to any Lender (through the Administrative
      Agent) with respect to any amounts owing under this clause (iii) shall be
      conclusive absent manifest error.

    

    (iv)    Each
      Lender’s obligation to make Committed Loans or to purchase and fund risk
      participations in Swing Line Loans pursuant to this Section
      2.04(c)
      shall be
      absolute and unconditional and shall not be affected by any circumstance,
      including (A) any setoff, counterclaim, recoupment, defense or other right
      which
      such Lender may have against the Swing Line Lender, the Company or any other
      Person for any reason whatsoever, (B) the occurrence or continuance of a
      Default, or (C) any other occurrence, event or condition, whether or not similar
      to any of the foregoing; provided,
      however,
      that
      each Lender’s obligation to make Committed Loans pursuant to this Section
      2.04(c)
      is
      subject to the conditions set forth in Section
      4.02.
      No such
      funding of risk participations shall relieve or otherwise impair the obligation
      of the Company to repay Swing Line Loans, together with interest as provided
      herein.

    

    (d)    Repayment
      of Participations.
      

    

    (i) 
          At
      any
      time after any Lender has purchased and funded a risk participation in a Swing
      Line Loan, if the Swing Line Lender receives any payment on account of such
      Swing Line Loan, the Swing Line Lender will distribute to such Lender its
      Applicable Percentage thereof in the same funds as those received by the Swing
      Line Lender.

    

    (ii)
          If
      any
      payment received by the Swing Line Lender in respect of principal or interest
      on
      any Swing Line Loan is required to be returned by the Swing Line Lender under
      any of the circumstances described in Section
      10.05
      (including pursuant to any settlement entered into by the Swing Line Lender
      in
      its discretion), each Lender shall pay to the Swing Line Lender its Applicable
      Percentage thereof on demand of the Administrative Agent, plus interest thereon
      from the date of such demand to the date such amount is returned, at a rate
      per
      annum equal to the applicable Overnight Rate. The Administrative Agent will
      make
      such demand upon the request of the Swing Line Lender. The obligations of the
      Lenders under this clause shall survive the payment in full of the Obligations
      and the termination of this Agreement.

    

    (e)    Interest
      for Account of Swing Line Lender.
      The
      Swing Line Lender shall be responsible for invoicing the Company for interest
      on
      the Swing Line Loans. Until each Lender funds its Base Rate Committed Loan
      or
      risk participation pursuant to this Section
      2.04
      to
      refinance such Lender’s Applicable Percentage of any Swing Line Loan, interest
      in respect of such Applicable Percentage shall be solely for the account of
      the
      Swing Line Lender.

    

    (f)    Payments
      Directly to Swing Line Lender.
      The
      Company shall make all payments of principal and interest in respect of the
      Swing Line Loans directly to the Swing Line Lender.

    
      
        
        

      

      
        38

        
          

        

      

      
        
        

      

    

    2.05 
        Prepayments.
      (a)
      Each Borrower may, upon notice from the Company to the Administrative Agent,
      at
      any time or from time to time voluntarily prepay Committed Loans in whole or
      in
      part without premium or penalty; provided
      that
      (i) such notice must be received by the Administrative Agent not later than
      11:00 a.m. (A) three Business Days prior to any date of prepayment of
      Eurocurrency Rate Loans denominated in Dollars, (B) four Business Days (or
      five,
      in the case of prepayment of Loans denominated in Special Notice Currencies)
      prior to any date of prepayment of Eurocurrency Rate Loans denominated in
      Alternative Currencies, and (C) on the date of prepayment of Base Rate
      Committed Loans; (ii) any prepayment of Eurocurrency Rate Loans denominated
      in Dollars shall be in a principal amount of $3,000,000 or a whole multiple
      of
      $500,000 in excess thereof; (iii) any prepayment of Eurocurrency Rate Loans
      denominated in Alternative Currencies shall be in a minimum principal amount
      of
      $3,000,000 or a whole multiple of $500,000 in excess thereof; and (iv) any
      prepayment of Base Rate Committed Loans shall be in a principal amount of
      $500,000 or a whole multiple of $100,000 in excess thereof or, in each case,
      if
      less, the entire principal amount thereof then outstanding. Each such notice
      shall specify the date and amount of such prepayment and the Type(s) of
      Committed Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid,
      the Interest Period(s) of such Loans. The Administrative Agent will promptly
      notify each Lender of its receipt of each such notice, and of the amount of
      such
      Lender’s
      Applicable Percentage of such prepayment. If such notice is given by the
      Company, the applicable Borrower shall make such prepayment and the payment
      amount specified in such notice shall be due and payable on the date specified
      therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by
      all
      accrued interest on the amount prepaid, together with any additional amounts
      required pursuant to Section
      3.05.
      Each
      such prepayment shall be applied to the Committed Loans of the Lenders in
      accordance with their respective Applicable Percentages.

    

    (b)    The
      Company may, upon notice to the Swing Line Lender (with a copy to the
      Administrative Agent), at any time or from time to time, voluntarily prepay
      Swing Line Loans in whole or in part without premium or penalty; provided
      that (i)
      such notice must be received by the Swing Line Lender and the Administrative
      Agent not later than 2:00 p.m. on the date of the prepayment, and (ii) any
      such
      prepayment shall be in a minimum principal amount of $100,000 or, in each case,
      if less, the entire principal amount thereof then outstanding. Each such notice
      shall specify the date and amount of such prepayment. If such notice is given
      by
      the Company, the Company shall make such prepayment and the payment amount
      specified in such notice shall be due and payable on the date specified
      therein.

    

    (c)    If
      the
      Administrative Agent notifies the Company at any time that the Total
      Outstandings at such time exceed the Aggregate Commitments then in effect,
      then,
      within two Business Days after receipt of such notice, the Borrowers shall
      prepay Loans and/or the Company shall Cash Collateralize the L/C Obligations
      in
      an aggregate amount sufficient to reduce such Outstanding Amount as of such
      date
      of payment to an amount not to exceed the Aggregate Commitments then in effect;
      provided,
      however,
      that,
      subject to the provisions of Section
      2.03(g)(ii),
      the
      Company shall not be required to Cash Collateralize the L/C Obligations pursuant
      to this Section
      2.05(c)
      unless
      after the prepayment in full of the Loans the Total Outstandings exceed the
      Aggregate Commitments then in effect. The Administrative Agent may, at any
      time
      and from time to time after the initial deposit of such Cash Collateral, request
      that additional Cash Collateral be provided in order to protect against the
      results of further exchange rate fluctuations.

    

    (d)    If
      the
      Administrative Agent notifies the Company at any time that the Outstanding
      Amount of all Loans denominated in Alternative Currencies at such time exceeds
      an amount equal to 105% of the Alternative Currency Sublimit then in effect,
      then, within two Business Days after receipt of such notice, the Borrower shall
      prepay Loans in an aggregate amount sufficient to reduce such Outstanding Amount
      as of such date of payment to an amount not to exceed 100% of the Alternative
      Currency Sublimit then in effect.

    
      
        
        

      

      
        39

        
          

        

      

      
        
        

      

    

    2.06
         Termination
      or Reduction of Commitments.
      (a) The
      Company may, upon notice to the Administrative Agent, terminate the Aggregate
      Commitments, or from time to time permanently reduce the Aggregate Commitments;
      provided
      that (i)
      any such notice shall be received by the Administrative Agent not later than
      10:00 a.m. five Business Days prior to the date of termination or reduction,
      (ii) any such partial reduction shall be in an aggregate amount of $5,000,000
      or
      any whole multiple of $1,000,000 in excess thereof, (iii) the Company shall
      not
      terminate or reduce the Aggregate Commitments if, after giving effect thereto
      and to any concurrent prepayments hereunder, the Total Outstandings would exceed
      the Aggregate Commitments, and (iv) if, after giving effect to any reduction
      of
      the Aggregate Commitments, the Alternative Currency Sublimit, the Letter of
      Credit Sublimit or the Swing Line Sublimit exceeds the amount of the Aggregate
      Commitments, such Sublimit shall be automatically reduced by the amount of
      such
      excess. The Administrative Agent will promptly notify the Lenders of any such
      notice of termination or reduction of the Aggregate Commitments. The amount
      of
      any such Aggregate Commitment reduction shall not be applied to the Alternative
      Currency Sublimit or the Letter of Credit Sublimit unless otherwise specified
      by
      the Company. Any reduction of the Aggregate Commitments shall be applied to
      the
      Commitment of each Lender according to its Applicable Percentage. All fees
      accrued until the effective date of any termination of the Aggregate Commitments
      shall be paid on the effective date of such termination.

    

    (b)    If
      the
      Company or any Subsidiary sells any asset permitted by Section
      7.05(j)
      which in
      the aggregate will result in the realization by the Company or such Subsidiary
      of Net Cash Proceeds (determined as of the date of such sale, whether or not
      such Net Cash Proceeds are then received by the Company or such Subsidiary)
      in
      excess of $2,500,000, the Aggregate Commitments shall be reduced by the amount
      of such Net Cash Proceeds immediately upon receipt thereof by the Company or
      such Subsidiary; provided,
      that
      the Aggregate Commitments shall not be so reduced to the extent the Company
      delivers to the Administrative Agent a certificate that the Company or such
      Subsidiary intends to use the amount of such Net Cash Proceeds to acquire fixed
      or capital assets for the Company or any of its Subsidiaries within 330 days
      of
      receipt of such Net Cash Proceeds, it being expressly agreed that any amount
      of
      Net Cash Proceeds not so reinvested shall permanently reduce the Aggregate
      Commitments on the date 330 days after the receipt thereof.

    

    2.07
         Repayment
      of Loans.
      (a)
      Each Borrower shall repay to the Lenders on the Maturity Date the aggregate
      principal amount of Committed Loans made to such Borrower outstanding on such
      date.

    

    (b)    The
      Company shall repay each Swing Line Loan on the earlier to occur of (i) demand
      by Swing Line Lender and (ii) the Maturity Date.

    

    2.08
         Interest.
      (a)
      Subject to the provisions of subsection (b) below, (i) each Eurocurrency Rate
      Loan shall bear interest on the outstanding principal amount thereof for each
      Interest Period at a rate per annum equal to the Eurocurrency Rate for such
      Interest Period plus
      the
      Applicable Rate plus
      the
      Mandatory Cost (where applicable); (ii) each Base Rate Committed Loan shall
      bear
      interest on the outstanding principal amount thereof from the applicable
      borrowing date at a rate per annum equal to the Base Rate plus
      the
      Applicable Rate; and (iii) each Swing Line Loan shall bear interest on the
      outstanding principal amount thereof from the applicable borrowing date at
      a
      rate per annum equal to the Base Rate plus
      the
      Applicable Rate.

    

    (b)   (i)
           If
      any
      amount of principal of any Loan is not paid when due (without regard to any
      applicable grace periods), whether at stated maturity, by acceleration or
      otherwise, such amount shall thereafter bear interest at a fluctuating interest
      rate per annum at all times equal to the Default Rate to the fullest extent
      permitted by applicable Laws.

    
      
        
        

      

      
        40

        
          

        

      

      
        
        

      

    

    (ii)
          If
      any
      amount (other than principal of any Loan) payable by any Borrower under any
      Loan
      Document is not paid when due (without regard to any applicable grace periods),
      whether at stated maturity, by acceleration or otherwise, then upon the request
      of the Required Lenders, such amount shall thereafter bear interest at a
      fluctuating interest rate per annum at all times equal to the Default Rate
      to
      the fullest extent permitted by applicable Laws.

    

    (iii)    Upon
      the
      request of the Required Lenders, while any Event of Default exists, the
      Borrowers shall pay interest on the principal amount of all outstanding
      Obligations hereunder at a fluctuating interest rate per annum at all times
      equal to the Default Rate to the fullest extent permitted by applicable Laws.
      

     

    (iv)    Accrued
      and unpaid interest on past due amounts (including interest on past due
      interest) shall be due and payable upon demand.

    

    (c)    Interest
      on each Loan shall be due and payable in arrears on each Interest Payment Date
      applicable thereto and at such other times as may be specified herein. Interest
      hereunder shall be due and payable in accordance with the terms hereof before
      and after judgment, and before and after the commencement of any proceeding
      under any Debtor Relief Law.

    

    2.09
         Fees. 
      In addition to certain fees described in subsections (i) and (j) of Section 2.03:

    

    (a)    Commitment
      Fee.
      The
      Company shall pay to the Administrative Agent for the account of each Lender
      in
      accordance with its Applicable Percentage, a commitment fee in Dollars equal
      to
      the Applicable Rate times the actual daily amount by which the Aggregate
      Commitments exceed the sum of (i) the Outstanding Amount of Committed Loans
      and
      (ii) the Outstanding Amount of L/C Obligations. The commitment fee shall accrue
      at all times during the Availability Period, including at any time during which
      one or more of the conditions in Article IV is not met, and shall be due and
      payable quarterly in arrears on the last Business Day of each March, June,
      September and December, commencing with the first such date to occur after
      the
      Closing Date, and on the last day of the Availability Period. The commitment
      fee
      shall be calculated quarterly in arrears, and if there is any change in the
      Applicable Rate during any quarter, the actual daily amount shall be computed
      and multiplied by the Applicable Rate separately for each period during such
      quarter that such Applicable Rate was in effect. For purposes of computation
      of
      the Commitment Fee, Swing Line Loans shall not be counted toward or considered
      usage of the Aggregate Commitments.

    

    (b)    Other
      Fees. (i)
       The
      Company shall pay to the Arrangers and the Administrative Agent for their own
      respective accounts, in Dollars, fees in the amounts and at the times specified
      in the Fee Letter. Such fees shall be fully earned when paid and shall not
      be
      refundable for any reason whatsoever.

    

    (ii)    The
      Company shall pay to the Lenders, in Dollars, such fees as shall have been
      separately agreed upon in writing in the amounts and at the times so specified.
      Such fees shall be fully earned when paid and shall not be refundable for any
      reason whatsoever.

    

    2.10
         Computation
      of Interest and Fees.
      All
      computations of interest for Base Rate Loans when the Base Rate is determined
      by
      Bank of America’s “prime rate” shall be made on the basis of a year of 365 or
      366 days, as the case may be, and actual days elapsed. All other computations
      of
      fees and interest shall be made on the basis of a 360-day year and actual days
      elapsed (which results in more fees or interest, as applicable, being paid
      than
      if computed on the basis of a 365-day year), or, in the case of interest in
      respect of Committed Loans denominated in Alternative Currencies as to which
      market practice differs from the foregoing, in accordance with such market
      practice. Interest shall accrue on each Loan for the day on which the Loan
      is
      made, and shall not accrue on a Loan, or any portion thereof, for the day on
      which the Loan or such portion is paid, provided
      that any
      Loan that is repaid on the same day on which it is made shall, subject to
Section
      2.12(a),
      bear
      interest for one day. Each determination by the Administrative Agent of an
      interest rate or fee hereunder shall be conclusive and binding for all purposes,
      absent manifest error.

    
      
        
        

      

      
        41

        
          

        

      

      
        
        

      

    

     

    2.11 
        Evidence
      of Debt.
      (a) The
      Credit Extensions made by each Lender shall be evidenced by one or more accounts
      or records maintained by such Lender and by the Administrative Agent in the
      ordinary course of business. The accounts or records maintained by the
      Administrative Agent and each Lender shall be conclusive absent manifest error
      of the amount of the Credit Extensions made by the Lenders to the Borrowers
      and
      the interest and payments thereon. Any failure to so record or any error in
      doing so shall not, however, limit or otherwise affect the obligation of the
      Borrowers hereunder to pay any amount owing with respect to the Obligations.
      In
      the event of any conflict between the accounts and records maintained by any
      Lender and the accounts and records of the Administrative Agent in respect
      of
      such matters, the accounts and records of the Administrative Agent shall control
      in the absence of manifest error. Upon the request of any Lender to a Borrower
      made through the Administrative Agent, such Borrower shall execute and deliver
      to such Lender (through the Administrative Agent) a Note, which shall evidence
      such Lender’s Loans to such Borrower in addition to such accounts or records.
      Each Lender may attach schedules to a Note and endorse thereon the date, Type
      (if applicable), amount, currency and maturity of its Loans and payments with
      respect thereto.

    

    (b)    In
      addition to the accounts and records referred to in subsection (a), each Lender
      and the Administrative Agent shall maintain in accordance with its usual
      practice accounts or records evidencing the purchases and sales by such Lender
      of participations in Letters of Credit and Swing Line Loans. In the event of
      any
      conflict between the accounts and records maintained by the Administrative
      Agent
      and the accounts and records of any Lender in respect of such matters, the
      accounts and records of the Administrative Agent shall control in the absence
      of
      manifest error.

    

    2.12 
        Payments
      Generally; Administrative Agent’s Clawback.
      (a)
General.
      All
      payments to be made by the Borrowers shall be made without condition or
      deduction for any counterclaim, defense, recoupment or setoff. Except as
      otherwise expressly provided herein and except with respect to principal of
      and
      interest on Loans denominated in an Alternative Currency, all payments by the
      Borrowers hereunder shall be made to the Administrative Agent, for the account
      of the respective Lenders to which such payment is owed, at the applicable
      Administrative Agent’s
      Office
      in Dollars and in Same Day Funds not later than 1:00 p.m. on the date specified
      herein. Except as otherwise expressly provided herein, all payments by the
      Borrowers hereunder with respect to principal and interest on Loans denominated
      in an Alternative Currency shall be made to the Administrative Agent, for the
      account of the respective Lenders to which such payment is owed, at the
      applicable Administrative Agent’s Office in such Alternative Currency and in
      Same Day Funds not later than the Applicable Time specified by the
      Administrative Agent on the dates specified herein. Without limiting the
      generality of the foregoing, the Administrative Agent may require that any
      payments due under this Agreement be made in the United States. If, for any
      reason, any Borrower is prohibited by any Law from making any required payment
      hereunder in an Alternative Currency, such Borrower shall make such payment
      in
      Dollars in the Dollar Equivalent of the Alternative Currency payment amount.
      The
      Administrative Agent will promptly distribute to each Lender its Applicable
      Percentage (or other applicable share as provided herein) of such payment in
      like funds as received by wire transfer to such Lender’s Lending Office. All
      payments received by the Administrative Agent (i) after 1:00 p.m., in the
      case of payments in Dollars, or (ii) after the Applicable Time specified by
      the Administrative Agent in the case of payments in an Alternative Currency,
      shall in each case be deemed received on the next succeeding Business Day and
      any applicable interest or fee shall continue to accrue. If any payment to
      be
      made by any Borrower shall come due on a day other than a Business Day, payment
      shall be made on the next following Business Day, and such extension of time
      shall be reflected in computing interest or fees, as the case may
      be.

    
      
        
        

      

      
        42

        
          

        

      

      
        
        

      

    

    (b)    (i) 
          Funding
      by Lenders; Presumption by Administrative Agent.
      Unless
      the Administrative Agent shall have received notice from a Lender prior to
      the
      proposed date of any Committed Borrowing of Eurocurrency Rate Loans (or, in
      the
      case of any Committed Borrowing of Base Rate Loans, prior to 12:00 noon on
      the
      date of such Committed Borrowing) that such Lender will not make available
      to
      the Administrative Agent such Lender’s share of such Committed Borrowing, the
      Administrative Agent may assume that such Lender has made such share available
      on such date in accordance with Section
      2.02
      (or, in
      the case of a Committed Borrowing of Base Rate Loans, that such Lender has
      made
      such share available in accordance with and at the time required by Section
      2.02)
      and
      may, in reliance upon such assumption, make available to the applicable Borrower
      a corresponding amount. In such event, if a Lender has not in fact made its
      share of the applicable Committed Borrowing available to the Administrative
      Agent, then the applicable Lender and the applicable Borrower severally agree
      to
      pay to the Administrative Agent forthwith on demand such corresponding amount
      in
      Same Day Funds with interest thereon, for each day from and including the date
      such amount is made available to such Borrower to but excluding the date of
      payment to the Administrative Agent, at (A) in the case of a payment to be
      made
      by such Lender, the Overnight Rate, plus any administrative, processing or
      similar fees customarily charged by the Administrative Agent in connection
      with
      the foregoing, and (B) in the case of a payment to be made by such Borrower,
      the
      interest rate applicable to Base Rate Loans. If such Borrower and such Lender
      shall pay such interest to the Administrative Agent for the same or an
      overlapping period, the Administrative Agent shall promptly remit to such
      Borrower the amount of such interest paid by such Borrower for such period.
      If
      such Lender pays its share of the applicable Committed Borrowing to the
      Administrative Agent, then the amount so paid shall constitute such Lender’s
      Committed Loan included in such Committed Borrowing. Any payment by such
      Borrower shall be without prejudice to any claim such Borrower may have against
      a Lender that shall have failed to make such payment to the Administrative
      Agent.

    

    (ii)    Payments
      by Borrowers; Presumptions by Administrative Agent.
      Unless
      the Administrative Agent shall have received notice from a Borrower prior to
      the
      date on which any payment is due to the Administrative Agent for the account
      of
      the Lenders or an L/C Issuer hereunder that such Borrower will not make such
      payment, the Administrative Agent may assume that such Borrower has made such
      payment on such date in accordance herewith and may, in reliance upon such
      assumption, distribute to the Lenders or the L/C Issuer, as the case may be,
      the
      amount due. In such event, if such Borrower has not in fact made such payment,
      then each of the Lenders or the L/C Issuer, as the case may be, severally agrees
      to repay to the Administrative Agent forthwith on demand the amount so
      distributed to such Lender or the L/C Issuer, in Same Day Funds with interest
      thereon, for each day from and including the date such amount is distributed
      to
      it to but excluding the date of payment to the Administrative Agent, at the
      Overnight Rate.

    

    A
      notice
      of the Administrative Agent to any Lender or Borrower with respect to any amount
      owing under this subsection (b) shall be conclusive, absent manifest
      error.

    

    (c)    Failure
      to Satisfy Conditions Precedent.
      If any
      Lender makes available to the Administrative Agent funds for any Loan to be
      made
      by such Lender to any Borrower as provided in the foregoing provisions of this
      Article
      II,
      and
      such funds are not made available to such Borrower by the Administrative Agent
      because the conditions to the applicable Credit Extension set forth in
Article
      IV
      are not
      satisfied or waived in accordance with the terms hereof, the Administrative
      Agent shall return such funds (in like funds as received from such Lender)
      to
      such Lender, without interest.

    

    (d)    Obligations
      of Lenders Several.
      The
      obligations of the Lenders hereunder to make Committed Loans, to fund
      participations in Letters of Credit and Swing Line Loans and to make payments
      pursuant to Section
      10.04(c)
      are
      several and not joint. The failure of any Lender to make any Committed Loan,
      to
      fund any such participation or to make any 

    
      
        
        

      

      
        43

        
          

        

      

      
        
        

      

    

    payment
      under Section
      10.04(c)
      on any
date required hereunder shall not relieve any other Lender of its
      corresponding obligation to do so on such date, and no Lender shall be
      responsible for the failure of any other Lender to so make its Committed Loan,
      to purchase its participation or to make its payment under Section
      10.04(c).

    

    (e)    Funding
      Source.
      Nothing
      herein shall be deemed to obligate any Lender to obtain the funds for any Loan
      in any particular place or manner or to constitute a representation by any
      Lender that it has obtained or will obtain the funds for any Loan in any
      particular place or manner.

    

    2.13 
        Sharing
      of Payments by Lenders.
      If any
      Lender shall, by exercising any right of setoff or counterclaim or otherwise,
      obtain payment in respect of any principal of or interest on any of the
      Committed Loans made by it, or the participations in L/C Obligations or in
      Swing
      Line Loans held by it resulting in such Lender’s receiving payment of a
      proportion of the aggregate amount of such Committed Loans or participations
      and
      accrued interest thereon greater than its pro rata
      share
      thereof as provided herein, then the Lender receiving such greater proportion
      shall (a) notify the Administrative Agent of such fact, and (b) purchase (for
      cash at face value) participations in the Committed Loans and subparticipations
      in L/C Obligations and Swing Line Loans of the other Lenders, or make such
      other
      adjustments as shall be equitable, so that the benefit of all such payments
      shall be shared by the Lenders ratably in accordance with the aggregate amount
      of principal of and accrued interest on their respective Committed Loans and
      other amounts owing them, provided
      that:

    

    (i)
           if
      any
      such participations or subparticipations are purchased and all or any portion
      of
      the payment giving rise thereto is recovered, such participations or
      subparticipations shall be rescinded and the purchase price restored to the
      extent of such recovery, without interest; and

    

    (ii)
          the
      provisions of this Section shall not be construed to apply to (x) any payment
      made by a Borrower pursuant to and in accordance with the express terms of
      this
      Agreement or (y) any payment obtained by a Lender as consideration for the
      assignment of or sale of a participation in any of its Committed Loans or
      subparticipations in L/C Obligations or Swing Line Loans to any assignee or
      participant, other than to the Company or any Subsidiary thereof (as to which
      the provisions of this Section shall apply).

    

    Each
      Borrower consents to the foregoing and agrees, to the extent it may effectively
      do so under applicable law, that any Lender acquiring a participation pursuant
      to the foregoing arrangements may exercise against such Borrower rights of
      setoff and counterclaim with respect to such participation as fully as if such
      Lender were a direct creditor of such Borrower in the amount of such
      participation.

    

    2.14 
        Designated
      Borrowers.
      (a) The
      Company may at any time, upon not less than 15 Business Days’ notice from the
      Company to the Administrative Agent (or such shorter period as may be agreed
      by
      the Administrative Agent in its sole discretion), designate any Subsidiary
      of
      the Company (an “Applicant
      Borrower”)
      as a
      Designated Borrower to receive Loans hereunder by delivering to the
      Administrative Agent (which shall promptly deliver counterparts thereof to
      each
      Lender) a duly executed notice and agreement in substantially the form of
Exhibit G
      (a
“Designated
      Borrower Request and Assumption Agreement”).
      The
      parties hereto acknowledge and agree that prior to any Applicant Borrower
      becoming entitled to utilize the credit facilities provided for herein the
      Administrative Agent and the Lenders shall have received such supporting
      resolutions, incumbency certificates, opinions of counsel and other documents
      or
      information, in form, content and scope reasonably satisfactory to the
      Administrative Agent, as may be required by the Administrative Agent or the
      Required Lenders in their sole discretion, and Notes signed by such new
      Borrowers to the extent any Lenders so require. In addition, any Applicant
      Borrower which is a 

    
      
        
        

      

      
        44

        
          

        

      

      
        
        

      

    

    Foreign
      Subsidiary shall appoint CT Corporation System, 111 Eighth Avenue, New York,
      NY
      10011, as such Applicant Borrower’s agent for service of process and provide to
      the Administrative Agent a copy of related documentation. If the Administrative
      Agent and the Required Lenders agree that an Applicant Borrower shall be
      entitled to receive Loans hereunder, then promptly following receipt of all
      such
      requested resolutions, incumbency certificates, opinions of counsel and other
      documents or information, the Administrative Agent shall send a notice in
      substantially the form of Exhibit H
      (a
“Designated
      Borrower Notice”) to
      the Company and the Lenders specifying the effective date upon which the
      Applicant Borrower shall constitute a Designated Borrower for purposes hereof,
      whereupon each of the Lenders agrees to permit such Designated Borrower to
      receive Loans hereunder, on the terms and conditions set forth herein, and
      each
      of the parties agrees that such Designated Borrower otherwise shall be a
      Borrower for all purposes of this Agreement; provided
      that no
      Committed Loan Notice or Letter of Credit Application may be submitted by or
      on
      behalf of such Designated Borrower until the date five Business Days after
      such
      effective date.

    

    (b)    The
      Obligations of the Company and each Designated Borrower that is a Domestic
      Subsidiary shall be joint and several in nature. The Obligations of all
      Designated Borrowers that are Foreign Subsidiaries shall be several in
      nature. 

    

    (c)    Each
      Subsidiary of the Company that becomes a “Designated Borrower” pursuant to this
Section 2.14
      hereby
      irrevocably appoints the Company as its agent for all purposes relevant to
      this
      Agreement and each of the other Loan Documents, including (i) the giving
      and receipt of notices, (ii) the execution and delivery of all documents,
      instruments and certificates contemplated herein and all modifications hereto,
      and (iii) the receipt of the proceeds of any Loans made by the Lenders, to
      any such Designated Borrower hereunder. Any acknowledgment, consent, direction,
      certification or other action which might otherwise be valid or effective only
      if given or taken by all Borrowers, or by each Borrower acting singly, shall
      be
      valid and effective if given or taken only by the Company, whether or not any
      such other Borrower joins therein. Any notice, demand, consent, acknowledgement,
      direction, certification or other communication delivered to the Company in
      accordance with the terms of this Agreement shall be deemed to have been
      delivered to each Designated Borrower.

    

    (d)    The
      Company may from time to time, upon not less than 15 Business Days’ notice from
      the Company to the Administrative Agent (or such shorter period as may be agreed
      by the Administrative Agent in its sole discretion), terminate a Designated
      Borrower’s status as such, provided
      that
      there are no outstanding Loans payable by such Designated Borrower, or other
      amounts payable by such Designated Borrower on account of any Loans made to
      it,
      as of the effective date of such termination. The Administrative Agent will
      promptly notify the Lenders of any such termination of a Designated Borrower’s
      status.

     

    2.15
 
  Increase
      in
      Commitments

     

    (a)    Request
      for Increase.
      Provided there exists no Default, upon notice to the Administrative Agent (which
      shall promptly notify the Lenders), the Company may from time to time, request
      an increase in the Aggregate Commitments by an amount (for all such requests)
      not exceeding $75,000,000; provided
      that any
      such request for an increase shall be in a minimum amount of $10,000,000. At
      the
      time of sending such notice, the Company (in consultation with the
      Administrative Agent) shall specify the time period within which each Lender
      is
      requested to respond (which shall in no event be less than ten Business Days
      from the date of delivery of such notice to the Lenders).

    

    (b)    Lender
      Elections to Increase.
      Each
      Lender shall notify the Administrative Agent within such time period whether
      or
      not it agrees to increase its Commitment and, if so, whether by an amount equal
      to, greater than, or less than its Applicable Percentage of such requested
      increase. Any Lender not responding within such time period shall be deemed
      to
      have declined to increase its Commitment.

    
      
        
        

      

      
        45

        
          

        

      

      
        
        

      

    

    (c)    Notification
      by Administrative Agent; Additional Lenders.
      The
      Administrative Agent shall notify the Company and each Lender of the Lenders’
responses to each request made hereunder. To achieve the full amount of a
      requested increase and subject to the approval of the Administrative Agent,
      each
      L/C Issuer and the Swing Line Lender (which approvals shall not be unreasonably
      withheld), the Company may also invite additional Eligible Assignees to become
      Lenders pursuant to a joinder agreement in form and substance reasonably
      satisfactory to the Administrative Agent and its counsel.

    

    (d)    Effective
      Date and Allocations.
      If the
      Aggregate Commitments are increased in accordance with this Section, the
      Administrative Agent and the Company shall determine the effective date (the
      “Increase
      Effective Date”)
      and
      the final allocation of such increase. The Administrative Agent shall promptly
      notify the Company and the Lenders of the final allocation of such increase
      and
      the Increase Effective Date.

    

    (e)    Conditions
      to Effectiveness of Increase.
      As a
      condition precedent to such increase, the Company shall deliver to the
      Administrative Agent a certificate of each Loan Party dated as of the Increase
      Effective Date (in sufficient copies for each Lender) signed by a Responsible
      Officer of such Loan Party (i) certifying and attaching the resolutions adopted
      by such Loan Party approving or consenting to such increase, and (ii) in the
      case of the Company, certifying that, before and after giving effect to such
      increase, (A) the representations and warranties contained in Article
      V
      and the
      other Loan Documents are true and correct on and as of the Increase Effective
      Date, except to the extent that such representations and warranties specifically
      refer to an earlier date, in which case they are true and correct as of such
      earlier date, and except that for purposes of this Section
      2.16,
      the
      representations and warranties contained in subsections (a) and (b) of
Section
      5.05
      shall be
      deemed to refer to the most recent statements furnished pursuant to clauses
      (a)
      and (b), respectively, of Section
      6.01,
      and (B)
      no Default exists. Upon the Increase Effective Date, the Borrowers shall make
      a
      combination of Borrowings and/or prepayments of Committed Loans, and the
      Administrative Agent shall make such additional adjustments in its records,
      so
      that after giving effect thereto, the outstanding Committed Loans of each Lender
      (and such Lender's participation in the L/C Obligations) shall be ratable
      according to its Applicable Percentage then in effect (any such prepayment
      to be
      accompanied by any additional amounts required pursuant to Section
      3.05).

    

    (f)    Conflicting
      Provisions.
      This
      Section shall supersede any provisions in Section
      2.13
      or
10.01(a)
      to the
      contrary.

    

    ARTICLE
      III.

    TAXES,
      YIELD PROTECTION AND ILLEGALITY

    

    3.01 
         Taxes.

    

    (a)    Payments
      Free of Taxes.
      Any and
      all payments by or on account of any obligation of the respective Borrowers
      hereunder or under any other Loan Document shall be made free and clear of
      and
      without reduction or withholding for any Indemnified Taxes or Other Taxes,
      provided
      that if
      the applicable Borrower shall be required by applicable law to deduct any
      Indemnified Taxes (including any Other Taxes) from such payments, then (i)
      the
      sum payable shall be increased as necessary so that after making all required
      deductions (including deductions applicable to additional sums payable under
      this Section) the Administrative Agent, Lender or L/C Issuer, as the case may
      be, receives an amount equal to the sum it would have received had no such
      deductions been made, (ii) such Borrower shall make such deductions and (iii)
      such Borrower shall timely pay the full amount deducted to the relevant
      Governmental Authority in accordance with applicable law.

    
      
        
        

      

      
        46

        
          

        

      

      
        
        

      

    

    (b)    Payment
      of Other Taxes by the Borrowers.
      Without
      limiting the provisions of subsection (a) above, each Borrower shall timely
      pay
      any Other Taxes to the relevant Governmental Authority in accordance with
      applicable law.

    

    (c)    Indemnification
      by the Borrowers.
      Each
      Borrower shall indemnify the Administrative Agent, each Lender and each L/C
      Issuer, within 10 days after demand therefor, for the full amount of any
      Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other Taxes
      imposed or asserted on or attributable to amounts payable under this Section)
      paid by the Administrative Agent, such Lender or such L/C Issuer, as the case
      may be, and any penalties, interest and reasonable expenses arising therefrom
      or
      with respect thereto, whether or not such Indemnified Taxes or Other Taxes
      were
      correctly or legally imposed or asserted by the relevant Governmental Authority.
      A certificate as to the amount of such payment or liability delivered to a
      Borrower by a Lender or an L/C Issuer (with a copy to the Administrative Agent),
      or by the Administrative Agent on its own behalf or on behalf of a Lender or
      an
      L/C Issuer, shall be conclusive absent manifest error.

    

    (d)    Evidence
      of Payments.
      As soon
      as practicable after any payment of Indemnified Taxes or Other Taxes by any
      Borrower to a Governmental Authority, such Borrower shall deliver to the
      Administrative Agent the original or a certified copy of a receipt issued by
      such Governmental Authority evidencing such payment, a copy of the return
      reporting such payment or other evidence of such payment reasonably satisfactory
      to the Administrative Agent.

    

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

    

    Without
      limiting the generality of the foregoing, in the event that a Borrower is
      resident for tax purposes in the United States, any Foreign Lender shall deliver
      to Company and the Administrative Agent (in such number of copies as shall
      be
      requested by the recipient) on or prior to the date on which such Foreign Lender
      becomes a Lender under this Agreement (and from time to time thereafter upon
      the
      request of the Company or the Administrative Agent, but only if such Foreign
      Lender is legally entitled to do so), whichever of the following is
      applicable:

    

    (i)
           duly
      completed copies of Internal Revenue Service Form W-8BEN claiming eligibility
      for benefits of an income tax treaty to which the United States is a
      party,

    

    (ii)
          duly
      completed copies of Internal Revenue Service Form W-8ECI,

    

    (iii)    in
      the
      case of a Foreign Lender claiming the benefits of the exemption for portfolio
      interest under section 881(c) of the Code, (x) a certificate to the effect
      that
      such Foreign Lender is not (A) a “bank” within the meaning of section
      881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the applicable
      Borrower within the meaning of section 881(c)(3)(B) of the Code, or (C) a
“controlled foreign corporation” described in section 881(c)(3)(C) of the Code
      and (y) duly completed copies of Internal Revenue Service Form W-8BEN,
      or

    
      
        
        

      

      
        47

        
          

        

      

      
        
        

      

    

    (iv)    any
      other
      form prescribed by applicable law as a basis for claiming exemption from or
      a
      reduction in United States Federal withholding tax duly completed together
      with
      such supplementary documentation as may be prescribed by applicable law to
      permit the Company to determine the withholding or deduction required to be
      made.

    

    Without
      limiting the obligations of the Lenders set forth above regarding delivery
      of
      certain forms and documents to establish each Lender’s status for U.S.
      withholding tax purposes, each Lender agrees promptly to deliver to the
      Administrative Agent or the Company, as the Administrative Agent or the Company
      shall reasonably request, on or prior to the Closing Date, and in a timely
      fashion thereafter, such other documents and forms required by any relevant
      taxing authorities under the Laws of any other jurisdiction, duly executed
      and
      completed by such Lender, as are required under such Laws to confirm such
      Lender’s entitlement to any available exemption from, or reduction of,
      applicable withholding taxes in respect of all payments to be made to such
      Lender outside of the U.S. by the Borrowers pursuant to this Agreement or
      otherwise to establish such Lender’s status for withholding tax purposes in such
      other jurisdiction. Each Lender shall promptly (i) notify the Administrative
      Agent of any change in circumstances which would modify or render invalid any
      such claimed exemption or reduction, and (ii) take such steps as shall not
      be
      materially disadvantageous to it, in the reasonable judgment of such Lender,
      and
      as may be reasonably necessary (including the re-designation of its Lending
      Office) to avoid any requirement of applicable Laws of any such jurisdiction
      that any Borrower make any deduction or withholding for taxes from amounts
      payable to such Lender. Additionally, each of the Borrowers shall promptly
      deliver to the Administrative Agent or any Lender, as the Administrative Agent
      or such Lender shall reasonably request, on or prior to the Closing Date, and
      in
      a timely fashion thereafter, such documents and forms required by any relevant
      taxing authorities under the Laws of any jurisdiction, duly executed and
      completed by such Borrower, as are required to be furnished by such Lender
      or
      the Administrative Agent under such Laws in connection with any payment by
      the
      Administrative Agent or any Lender of Taxes or Other Taxes, or otherwise in
      connection with the Loan Documents, with respect to such
      jurisdiction.

    

    (f)    Treatment
      of Certain Refunds.
      If the
      Administrative Agent, any Lender or any L/C Issuer determines, in its sole
      discretion, that it has received a refund of any Taxes or Other Taxes as to
      which it has been indemnified by any Borrower or with respect to which any
      Borrower has paid additional amounts pursuant to this Section, it shall pay
      to
      such Borrower an amount equal to such refund (but only to the extent of
      indemnity payments made, or additional amounts paid, by such Borrower under
      this
      Section with respect to the Taxes or Other Taxes giving rise to such refund),
      net of all out-of-pocket expenses of the Administrative Agent, such Lender
      or
      such L/C Issuer, as the case may be, and without interest (other than any
      interest paid by the relevant Governmental Authority with respect to such
      refund), provided
      that
      each Borrower, upon the request of the Administrative Agent, such Lender or
      such
      L/C Issuer, agrees to repay the amount paid over to such Borrower (plus any
      penalties, interest or other charges imposed by the relevant Governmental
      Authority) to the Administrative Agent, such Lender or the L/C Issuer in the
      event the Administrative Agent, such Lender or such L/C Issuer is required
      to
      repay such refund to such Governmental Authority. This subsection shall not
      be
      construed to require the Administrative Agent, any Lender or any L/C Issuer
      to
      make available its tax returns (or any other information relating to its taxes
      that it deems confidential) to any Borrower or any other Person.

    

    3.02 
        Illegality.
      If any
      Lender determines that any Law has made it unlawful, or that any Governmental
      Authority has asserted that it is unlawful, for any Lender or its applicable
      Lending Office to make, maintain or fund Eurocurrency Rate Loans (whether
      denominated in Dollars or an Alternative Currency), or to determine or charge
      interest rates based upon the Eurocurrency Rate, or any Governmental Authority
      has imposed material restrictions on the authority of such Lender to purchase
      or
      sell, or to take deposits of, Dollars or any Alternative Currency in the
      applicable interbank market, then, on notice thereof by such Lender to the
      Company through the Administrative Agent, any obligation of such

    
      
        
        

      

      
        48

        
          

        

      

      
        
        

      

    

    Lender to
      make or continue Eurocurrency Rate Loans in the affected currency or currencies
      or, in the case of Eurocurrency Rate Loans in Dollars, to convert Base Rate
      Committed Loans to Eurocurrency Rate Loans, shall be suspended until such Lender
      notifies the Administrative Agent and the Company that the circumstances giving
      rise to such determination no longer exist. Upon receipt of such notice, the
      Borrowers shall, upon demand from such Lender (with a copy to the Administrative
      Agent), prepay or, if applicable and such Loans are denominated in Dollars,
      convert all such Eurocurrency Rate Loans of such Lender to Base Rate Loans,
      either on the last day of the Interest Period therefor, if such Lender may
      lawfully continue to maintain such Eurocurrency Rate Loans to such day, or
      immediately, if such Lender may not lawfully continue to maintain such
      Eurocurrency Rate Loans. Upon any such prepayment or conversion, the Borrowers
      shall also pay accrued interest on the amount so prepaid or
      converted.

    

    3.03 
        Inability
      to Determine Rates.
      If the
      Required Lenders determine that for any reason in connection with any request
      for a Eurocurrency Rate Loan or a conversion to or continuation thereof that
      (a) deposits (whether in Dollars or an Alternative Currency) are not being
      offered to banks in the applicable offshore interbank market for such currency
      for the applicable amount and Interest Period of such Eurocurrency Rate Loan,
      (b) adequate and reasonable means do not exist for determining the
      Eurocurrency Base Rate for any requested Interest Period with respect to a
      proposed Eurocurrency Rate Loan (whether denominated in Dollars or an
      Alternative Currency), or (c) the Eurocurrency Base Rate for any requested
      Interest Period with respect to a proposed Eurocurrency Rate Loan does not
      adequately and fairly reflect the cost to such Lenders of funding such
      Eurocurrency Rate Loan, the Administrative Agent will promptly so notify the
      Company and each Lender. Thereafter, the obligation of the Lenders to make
      or
      maintain Eurocurrency Rate Loans in the affected currency or currencies shall
      be
      suspended until the Administrative Agent (upon the instruction of the Required
      Lenders) revokes such notice. Upon receipt of such notice, the Company may
      revoke any pending request for a Borrowing of, conversion to or continuation
      of
      Eurocurrency Rate Loans in the affected currency or currencies or, failing
      that,
      will be deemed to have converted such request into a request for a Committed
      Borrowing of Base Rate Loans in the amount specified therein.

    

    3.04 
        Increased
      Costs.

    

    (a)    Increased
      Costs Generally.
      If any
      Change in Law shall:

    

    (i)
           impose,
      modify or deem applicable any reserve, special deposit, compulsory loan,
      insurance charge or similar requirement against assets of, deposits with or
      for
      the account of, or credit extended or participated in by, any Lender (except
      (A)
      any reserve requirement reflected in the Eurocurrency Rate and (B) the
      requirements of the Bank of England and the Financial Services Authority or
      the
      European Central Bank reflected in the Mandatory Cost, other than as set forth
      below) or any L/C Issuer;

    

    (ii)
          subject
      any Lender or any L/C Issuer to any tax of any kind whatsoever with respect
      to
      this Agreement, any Letter of Credit, any participation in a Letter of Credit
      or
      any Eurocurrency Rate Loan made by it, or change the basis of taxation of
      payments to such Lender or such L/C Issuer in respect thereof (except for
      Indemnified Taxes or Other Taxes covered by Section
      3.01
      and the
      imposition of, or any change in the rate of, any Excluded Tax payable by such
      Lender or such L/C Issuer);

    

    (iii)    result
      in
      the failure of the Mandatory Cost, as calculated hereunder, to represent the
      cost to any Lender of complying with the requirements of the Bank of England
      and/or the Financial Services Authority or the European Central Bank in relation
      to its making, funding or maintaining Eurocurrency Rate Loans;
      or

    
      
        
        

      

      
        49

        
          

        

      

      
        
        

      

    

    (iv)    impose
      on
      any Lender or any L/C Issuer or the London interbank market any other condition,
      cost or expense affecting this Agreement or Eurocurrency Rate Loans made by
      such
      Lender or any Letter of Credit or participation therein;

    

    and
      the
      result of any of the foregoing shall be to increase the cost to such Lender
      of
      making or maintaining any Eurocurrency Rate Loan (or of maintaining its
      obligation to make any such Loan), or to increase the cost to such Lender or
      such L/C Issuer of participating in, issuing or maintaining any Letter of Credit
      (or of maintaining its obligation to participate in or to issue any Letter
      of
      Credit), or to reduce the amount of any sum received or receivable by such
      Lender or such L/C Issuer hereunder (whether of principal, interest or any
      other
      amount) then, upon request of such Lender or such L/C Issuer, the Company will
      pay (or cause the applicable Designated Borrower to pay) to such Lender or
      such
      L/C Issuer, as the case may be, such additional amount or amounts as will
      compensate such Lender or such L/C Issuer, as the case may be, for such
      additional costs incurred or reduction suffered.

    

    (b)    Capital
      Requirements.
      If any
      Lender or any L/C Issuer determines that any Change in Law affecting such Lender
      or such L/C Issuer or any Lending Office of such Lender or such Lender’s or such
      L/C Issuer’s holding company, if any, regarding capital requirements has or
      would have the effect of reducing the rate of return on such Lender’s or such
      L/C Issuer’s capital or on the capital of such Lender’s or such L/C Issuer’s
      holding company, if any, as a consequence of this Agreement, the Commitments
      of
      such Lender or the Loans made by, or participations in Letters of Credit held
      by, such Lender, or the Letters of Credit issued by such L/C Issuer, to a level
      below that which such Lender or such L/C Issuer or such Lender’s or such L/C
      Issuer’s holding company could have achieved but for such Change in Law (taking
      into consideration such Lender’s or such L/C Issuer’s policies and the policies
      of such Lender’s or such L/C Issuer’s holding company with respect to capital
      adequacy), then upon request of such Lender or such L/C Issuer from time to
      time
      the Company will pay (or cause the applicable Designated Borrower to pay) to
      such Lender or such L/C Issuer, as the case may be, such additional amount
      or
      amounts as will compensate such Lender or such L/C Issuer or such Lender’s or
      such L/C Issuer’s holding company for any such reduction suffered.

    

    (c)    Certificates
      for Reimbursement.
      A
      certificate of a Lender or an L/C Issuer setting forth in reasonable detail
      the
      amount or amounts necessary to compensate such Lender or such L/C Issuer or
      its
      holding company, as the case may be, as specified in subsection (a) or (b)
      of
      this Section and delivered to the Company shall be conclusive absent manifest
      error. The Company shall pay (or cause the applicable Designated Borrower to
      pay) such Lender or such L/C Issuer, as the case may be, the amount shown as
      due
      on any such certificate within 10 days after receipt thereof.

    

    (d)    Delay
      in Requests.
      Failure
      or delay on the part of any Lender or any L/C Issuer to demand compensation
      pursuant to the foregoing provisions of this Section shall not constitute a
      waiver of such Lender’s or such L/C Issuer’s right to demand such compensation,
provided
      that no
      Borrower shall be required to compensate a Lender or an L/C Issuer pursuant
      to
      the foregoing provisions of this Section for any increased costs incurred or
      reductions suffered more than 90 days prior to the date that such Lender or
      such
      L/C Issuer, as the case may be, notifies the Company of the Change in Law giving
      rise to such increased costs or reductions and of such Lender’s or such L/C
      Issuer’s intention to claim compensation therefor (except that, if the Change in
      Law giving rise to such increased costs or reductions is retroactive, then
      the
      ninety-day period referred to above shall be extended to include the period
      of
      retroactive effect thereof).

    

    (e)    Additional
      Reserve Requirements.
      The
      Company shall pay (or cause the applicable Designated Borrower to pay) to each
      Lender,
      as
      long
      as such Lender shall be required to comply with any reserve ratio requirement
      or
      analogous requirement of any central banking or financial regulatory authority
      imposed in respect of the maintenance of the 

    
      
        
        

      

      
        50

        
          

        

      

      
        
        

      

    

    Commitments
      or the funding of the Eurocurrency Rate Loans, such additional costs (expressed
      as a percentage per annum and rounded upwards, if necessary, to the nearest
      five
      decimal places) equal to the actual costs allocated to such Commitment or Loan
      by such Lender (as determined by such Lender in good faith, which determination
      shall be conclusive), which shall be due and payable on each date on which
      interest is payable on such Loan, provided
      the
      Company shall have received at least 10 days’ prior notice (with a copy to the
      Administrative Agent) of such additional costs from such Lender. If a Lender
      fails to give notice 10 days prior to the relevant Interest Payment Date, such
      additional costs shall be due and payable 10 days from receipt of such
      notice.

    

    3.05 
        Compensation
      for Losses.
      Upon
      demand of any Lender (with a copy to the Administrative Agent) from time to
      time, the Company shall promptly compensate (or cause the applicable Designated
      Borrower to compensate) such Lender for and hold such Lender harmless from
      any
      loss, cost or expense incurred by it as a result of:

    

    (a)    any
      continuation, conversion, payment or prepayment of any Loan other than a Base
      Rate Loan on a day other than the last day of the Interest Period for such
      Loan
      (whether voluntary, mandatory, automatic, by reason of acceleration, or
      otherwise);

    

    (b)    any
      failure by any Borrower (for a reason other than the failure of such Lender
      to
      make a Loan) to prepay, borrow, continue or convert any Loan other than a Base
      Rate Loan on the date or in the amount notified by the Company or the applicable
      Designated Borrower;

    

    (c)    any
      failure by any Borrower to make payment of any Loan or drawing under any Letter
      of Credit (or interest due thereon) denominated in an Alternative Currency
      on
      its scheduled due date or any payment thereof in a different currency;
      or

    

    (d)    any
      assignment of a Eurocurrency Rate Loan on a day other than the last day of
      the
      Interest Period therefor as a result of a request by the Company pursuant to
      Section 10.13;

    

    excluding
      any
      loss
      of anticipated profits, but including any foreign exchange losses
      and any
      loss or expense arising from the liquidation or reemployment of funds obtained
      by it to maintain such Loan, from fees payable to terminate the deposits from
      which such funds were obtained or from the performance of any foreign exchange
      contract.
      The
      Company shall also pay (or
      cause
      the applicable Designated Borrower to pay) any
      customary administrative fees charged by such Lender in connection with the
      foregoing.

    

    For
      purposes of calculating amounts payable by the Company (or the applicable
      Designated Borrower) to the Lenders under this Section
      3.05,
      each
Lender
      shall be
      deemed to have funded each Eurocurrency Rate Loan made by it at the Eurocurrency
      Base Rate used in determining the Eurocurrency Rate for such Loan by a matching
      deposit or other borrowing in the offshore interbank market for such currency
      for a comparable amount and for a comparable period, whether or not such
      Eurocurrency Rate Loan was in fact so funded.

    

    3.06 
        Mitigation
      Obligations; Replacement of Lenders

    

    (a)    Designation
      of a Different Lending Office.
      If any
      Lender requests compensation under Section
      3.04,
      or any
      Borrower is required to pay any additional amount to any Lender or any
      Governmental Authority for the account of any Lender pursuant to Section
      3.01,
      or if
      any Lender gives a notice pursuant to Section
      3.02,
      then
      such Lender shall use reasonable efforts to designate a different Lending Office
      for funding or booking its Loans hereunder or to assign its rights and
      obligations hereunder to another of its offices, branches or affiliates, if,
      in
      the judgment of such Lender, such designation or assignment (i) would eliminate
      or reduce amounts payable pursuant to Section
      3.01
      or
3.04,
      as the
      case 

    
      
        
        

      

      
        51

        
          

        

      

      
        
        

      

    

     may
      be, in the future, or eliminate the need for the notice pursuant to Section
      3.02,
      as
      applicable, and (ii) in each case, would not subject such Lender to any
      unreimbursed cost or expense and would not otherwise be disadvantageous to
      such
      Lender. The Company hereby agrees to pay (or to cause the applicable Designated
      Borrower to pay) all reasonable costs and expenses incurred by any Lender in
      connection with any such designation or assignment.

    

    (b)    Replacement
      of Lenders.
      If any
      Lender requests compensation under Section
      3.04,
      or if
      any Borrower is required to pay any additional amount to any Lender or any
      Governmental Authority for the account of any Lender pursuant to Section
      3.01,
      the
      Company may replace such Lender in accordance with Section
      10.13.

    

    3.07
         Survival.
      All of
      the Borrowers’ obligations under this Article
      III
      shall
      survive termination of the Aggregate Commitments and repayment of all other
      Obligations hereunder.

    

    ARTICLE
      IV.

    CONDITIONS
      PRECEDENT TO CREDIT EXTENSIONS

    

    4.01 
        Conditions
      of Initial Credit Extension.
      The
      obligation of the L/C Issuer and each Lender to make its initial Credit
      Extension hereunder is subject to satisfaction of the following conditions
      precedent:

    

    (a)    The
      Administrative Agent’s receipt of the following, each of which shall be
      originals or telecopies (followed promptly by originals) unless otherwise
      specified, each properly executed by a Responsible Officer of the signing Loan
      Party, each dated the Closing Date (or, in the case of certificates of
      governmental officials, a recent date before the Closing Date) and each in
      form
      and substance satisfactory to the Administrative Agent and each of the
      Lenders:

    

    (i)      executed
      counterparts of this Agreement and the Guaranty and Collateral Agreement,
      sufficient in number for distribution to the Administrative Agent, each Lender
      and the Company;

    

    (ii)     Notes
      executed by the Borrowers in favor of each Lender requesting Notes;

    

    (iii)    such
      certificates of resolutions or other action, incumbency certificates and/or
      other certificates of Responsible Officers of each Loan Party as the
      Administrative Agent may require evidencing the identity, authority and capacity
      of each Responsible Officer thereof authorized to act as a Responsible Officer
      in connection with this Agreement and the other Loan Documents to which such
      Loan Party is a party;

    

    (iv)    such
      documents and certifications as the Administrative Agent may reasonably require
      to evidence that each Loan Party is duly organized or formed, and that each
      of
      the Company and its Domestic Subsidiaries is validly existing, in good standing
      and qualified to engage in business in each jurisdiction where its ownership,
      lease or operation of properties or the conduct of its business requires such
      qualification, except to the extent that failure to do so could not reasonably
      be expected to have a Material Adverse Effect;

    

    (v)     a
      favorable opinion of Joseph M. Salamunovich, general counsel of the Loan
      Parties, addressed to the Administrative Agent and each Lender, as to the
      matters set forth in Exhibit
      I-1,
      and a
      favorable opinion of Gibson Dunn & Crutcher LLP, counsel to the Loan
      Parties, addressed to the Administrative Agent and each Lender, as to the
      matters set forth in Exhibit
      I-2;

    
      
        
        

      

      
        52

        
          

        

      

      
        
        

      

    

    (vi)    a
      certificate of a Responsible Officer of each Loan Party either (A) attaching
      copies of all consents, licenses and approvals required in connection with
      the
      execution, delivery and performance by such Loan Party and the validity against
      such Loan Party of the Loan Documents to which it is a party, and such consents,
      licenses and approvals shall be in full force and effect, or (B) stating that
      no
      such consents, licenses or approvals are so required;

    

    (vii)   a
      certificate signed by a Responsible Officer of the Company certifying (A) that
      the conditions specified in Sections
      4.02(a)
      and
(b)
      have
      been satisfied, and (B) that there has been no event or circumstance since
      the
      date of the Audited Financial Statements that has had or could be reasonably
      expected to have, either individually or in the aggregate, a Material Adverse
      Effect;

    

    (viii)
           evidence
      that all insurance required to be maintained pursuant to the Loan Documents
      has
      been obtained and is in effect;

    

    (ix)    
evidence
      that the Existing Credit Agreement has been or concurrently with the Closing
      Date is being terminated and all Liens securing obligations under the Existing
      Credit Agreement have been or concurrently with the Closing Date are being
      released;

    

    (x)    
such
      documents (including original stock certificates together with undated stock
      powers executed in blank and financing statements on form UCC-1), necessary
      or,
      in the opinion of the Administrative Agent, desirable to perfect the Liens
      created by the Guaranty and Collateral Agreement, in proper form for filing,
      registration or recordation;

    

    (xi)    results
      of a recent search in the jurisdiction of formation of the Company and each
      other Loan Party, with respect to the Company and each other Loan Party, of
      the
      Uniform Commercial Code filings which may have been filed with respect to the
      Company or any other Loan Party, and such search shall reveal no Liens on any
      of
      the assets of the Company or any Loan Party except for Liens permitted by
Section
      7.01
      or Liens
      to be discharged on or prior to the Closing Date pursuant to documentation
      satisfactory to the Administrative Agent;

    

    (xii)   an
      updated Schedule 7 to the Guaranty and Collateral Agreement; 

    

    (xiii) 
        from
      each
      Foreign Subsidiary for which Equity Interests is required to be pledged in
      accordance with the Guaranty and Collateral Agreement, an acknowledgment and
      consent (in the form attached to the Guaranty and Collateral Agreement) executed
      and delivered by a duly authorized officer of such Foreign Subsidiary;
      and

    

    (xiv)
         such
      other assurances, certificates, documents, consents or opinions as the
      Administrative Agent, the L/C Issuer, the Swing Line Lender or the Required
      Lenders reasonably may require.

    

    (b)    Any
      fees
      required to be paid on or before the Closing Date shall have been
      paid.

    

    (c)    Unless
      waived by the Administrative Agent, the Company shall have paid all fees,
      charges and disbursements of counsel to the Administrative Agent (directly
      to
      such counsel if requested by the Administrative Agent) to the extent invoiced
      prior to or on the Closing Date, plus such additional amounts of such fees,
      charges and disbursements as shall constitute its reasonable estimate of such
      fees, charges and disbursements incurred or to be incurred by it through the
      closing proceedings (provided that such estimate shall not thereafter preclude
      a
      final settling of accounts between the Company and the Administrative
      Agent).

    
      
        
        

      

      
        53

        
          

        

      

      
        
        

      

    

    (d)    The
      Closing Date shall have occurred on or before March 31, 2006.

    

    Without
      limiting the generality of the provisions of Section
      9.04,
      for
      purposes of determining compliance with the conditions specified in this
Section
      4.01,
      each
      Lender that has signed this Agreement shall be deemed to have consented to,
      approved or accepted or to be satisfied with, each document or other matter
      required thereunder to be consented to or approved by or acceptable or
      satisfactory to a Lender unless the Administrative Agent shall have received
      notice from such Lender prior to the proposed Closing Date specifying its
      objection thereto.

    

    4.02 
         Conditions
      to all Credit Extensions.
      The
      obligation of each Lender to honor any Request for Credit Extension (other
      than
      a Committed Loan Notice requesting only a conversion of Committed Loans to
      the
      other Type, or a continuation of Eurocurrency Rate Loans) is subject to the
      following conditions precedent:

    

    (a)    The
      representations and warranties of (i) the Borrowers contained in Article
      V
      hereof
      and (ii) each Loan Party contained in each other Loan Document, shall be true
      and correct on and as of the date of such Credit Extension, except to the extent
      that such representations and warranties specifically refer to an earlier date,
      in which case they shall be true and correct as of such earlier date, and except
      that for purposes of this Section
      4.02,
      the
      representations and warranties contained in subsections (a) and (b) of
Section
      5.05
      shall be
      deemed to refer to the most recent statements furnished pursuant to clauses
      (a)
      and (b), respectively, of Section
      6.01.

    

    (b)    No
      Default shall exist, or would result from such proposed Credit Extension or
      the
      application of the proceeds thereof.

    

    (c)    The
      Administrative Agent and, if applicable, the L/C Issuer or the Swing Line Lender
      shall have received a Request for Credit Extension in accordance with the
      requirements hereof.

    

    (d)    If
      the
      applicable Borrower is a Designated Borrower, then the conditions of
Section 2.14
      to the
      designation of such Borrower as a Designated Borrower shall have been met to
      the
      satisfaction of the Administrative Agent.

    

    (e)    In
      the
      case of a Credit Extension to be denominated in an Alternative Currency, there
      shall not have occurred any change in national or international financial,
      political or economic conditions or currency exchange rates or exchange controls
      which in the reasonable opinion of the Administrative Agent, the Required
      Lenders (in the case of any Loans to be denominated in an Alternative Currency)
      or the L/C Issuer (in the case of any Letter of Credit to be denominated in
      an
      Alternative Currency) would make it impracticable for such Credit Extension
      to
      be denominated in the relevant Alternative Currency.

    

    Each
      Request for Credit Extension (other than a Committed Loan Notice requesting
      only
      a conversion of Committed Loans to the other Type or a continuation of
      Eurocurrency Rate Loans) submitted by the Company shall be deemed to be a
      representation and warranty that the conditions specified in Sections
      4.02(a)
      and
(b)
      have
      been satisfied on and as of the date of the applicable Credit
      Extension.

    
      
        
        

      

      
        54

        
          

        

      

      
        
        

      

    

    

    ARTICLE
      V.

    REPRESENTATIONS
      AND WARRANTIES

    

    Except
      as
      otherwise provided in Section
      5.18,
      each
      Borrower represents and warrants to the Administrative Agent and the Lenders
      that:

    

    5.01
         Existence,
      Qualification and Power.
      Each
      Loan Party and each Subsidiary thereof (a) is duly organized or formed, validly
      existing and, as applicable, in good standing under the Laws of the jurisdiction
      of its incorporation or organization, (b) has all requisite power and authority
      and all requisite governmental licenses, authorizations, consents and approvals
      to (i) own or lease its assets and carry on its business and (ii) execute,
      deliver and perform its obligations under the Loan Documents to which it is
      a
      party, and (c) is duly qualified and is licensed and, as applicable, in good
      standing under the Laws of each jurisdiction where its ownership, lease or
      operation of properties or the conduct of its business requires such
      qualification or license; except in each case referred to in clause (b)(i)
      or
      (c), to the extent that failure to do so could not reasonably be expected to
      have a Material Adverse Effect.

    

    5.02 
        Authorization;
      No Contravention.
      The
      execution, delivery and performance by each Loan Party of each Loan Document
      to
      which such Person is party, have been duly authorized by all necessary corporate
      or other organizational action, and do not and will not (a) contravene the
      terms
      of any of such Person’s Organization Documents; (b) conflict with or result in
      any breach or contravention of, or the creation of any Lien under, or require
      any payment to be made under (i) any Contractual Obligation to which such Person
      is a party or affecting such Person or the properties of such Person or any
      of
      its Subsidiaries or (ii) any order, injunction, writ or decree of any
      Governmental Authority or any arbitral award to which such Person or its
      property is subject; or (c) violate any Law.

    

    5.03 
        Governmental
      Authorization; Other Consents.
      No
      approval, consent, exemption, authorization, or other action by, or notice
      to,
      or filing with, any Governmental Authority or any other Person (other than
      the
      filing of Uniform Commercial Code financing statements and the recording of
      the
      Mortgage) is necessary or required in connection with the execution, delivery
      or
      performance by, or enforcement against, any Loan Party of this Agreement or
      any
      other Loan Document.

    

    5.04 
        Binding
      Effect.
      This
      Agreement has been, and each other Loan Document, when delivered hereunder,
      will
      have been, duly executed and delivered by each Loan Party that is party thereto.
      This Agreement constitutes, and each other Loan Document when so delivered
      will
      constitute, a legal, valid and binding obligation of such Loan Party,
      enforceable against each Loan Party that is party thereto in accordance with
      its
      terms, except as enforceability may be limited by applicable bankruptcy,
      insolvency, reorganization, moratorium or similar laws affecting the enforcement
      of creditors’ rights generally (including, without limitation, laws respecting
      fraudulent transfers and preferential transfers) and by general equitable
      principles (whether enforcement is sought by proceedings in equity or at
      law).

    

    5.05 
        Financial
      Statements; No Material Adverse Effect; No Internal Control
      Event.

    

    (a)    The
      Audited Financial Statements (i) were prepared in accordance with GAAP
      consistently applied throughout the period covered thereby, except as otherwise
      expressly noted therein; (ii) fairly present in all material respects the
      consolidated financial condition of the Company and its Subsidiaries as of
      the
      date thereof and their consolidated results of operations for the period covered
      thereby in accordance with GAAP consistently applied throughout the period
      covered thereby, except as otherwise expressly noted therein; and (iii) show
      all
      material indebtedness and other material liabilities, direct or contingent,
      of
      the Company and its Subsidiaries as of the date thereof, including liabilities
      for taxes, material commitments and Indebtedness, required to be shown thereon
      in accordance with GAAP.

    
      
        
        

      

      
        55

        
          

        

      

      
        
        

      

    

    (b)    With
      respect to the most recent unaudited consolidated balance sheet of the Company
      and its Subsidiaries, and the related consolidated statements of income or
      operations, shareholders’ equity and cash flows for the most recently ended
      fiscal quarter delivered pursuant to Sections 2.15(e)
      and
4.02(a),
      and
      referenced in each respective Compliance Certificate, such statements (i) were
      prepared in accordance with GAAP consistently applied throughout the period
      covered thereby, except as otherwise expressly noted therein, and (ii) fairly
      present the financial condition of the Company and its Subsidiaries as of the
      date thereof and their results of operations for the period covered thereby,
      subject, in the case of clauses (i) and (ii), to the absence of footnotes and
      to
      normal year-end audit adjustments.

    

    (c)    Since
      the
      date of the Audited Financial Statements, there has been no event or
      circumstance, either individually or in the aggregate, that has had or could
      reasonably be expected to have a Material Adverse Effect.

    

    (d)    To
      the
      knowledge of any Responsible Officer, no Internal Control Event exists or has
      occurred since the date of the Audited Financial Statements that has resulted
      in
      or could reasonably be expected to result in a misstatement in any financial
      information delivered to the Administrative Agent or the Lenders that has
      resulted or could reasonably be expected to result in an Event of
      Default.

    

    (e)    The
      consolidated forecasted balance sheet and statements of income and cash flows
      of
      the Company and its Subsidiaries delivered pursuant to Section
      6.01(c)
      were
      prepared in good faith on the basis of the assumptions stated therein, which
      assumptions were believed in good faith to be reasonable in light of the
      conditions existing at the time of delivery of such forecasts, and represented,
      at the time of delivery, the Company’s best estimate of its future financial
      condition and performance.

    

    (f)    Neither
      the Company nor any of its Subsidiaries has liabilities in respect of
      Off-Balance Sheet Arrangements.

    

    5.06 
        Litigation.
      There
      are no actions, suits, proceedings, claims or disputes pending or, to the
      knowledge of the Company threatened, at law, in equity, in arbitration or before
      any Governmental Authority, by or against the Company or any of its Subsidiaries
      or against any of their properties or revenues that (a) purport to affect or
      pertain to this Agreement or any other Loan Document, or any of the transactions
      contemplated hereby, or (b) either individually or in the aggregate could
      reasonably be expected to have a Material Adverse Effect.

    

    5.07 
        No
      Default.
      Neither
      any Loan Party nor any Subsidiary thereof is in default under or with respect
      to
      any Contractual Obligation that could, either individually or in the aggregate,
      reasonably be expected to have a Material Adverse Effect. No Default has
      occurred and is continuing or would result from the consummation of the
      transactions contemplated by this Agreement or any other Loan
      Document.

    

    5.08 
        Ownership
      of Property; Liens.
      Each of
      the Company and each Subsidiary has good record and marketable title in fee
      simple to, or valid leasehold interests in, all real property necessary or
      used
      in the ordinary conduct of its business, except for such defects in title as
      could not, individually or in the aggregate, reasonably be expected to have
      a
      Material Adverse Effect. The property of the Company and its Subsidiaries is
      subject to no Liens, other than Liens permitted by Section
      7.01.

    

    5.09 
        Environmental
      Compliance.
      The
      Company and its Subsidiaries conduct in the ordinary course of business a review
      of the effect of existing Environmental Laws and claims alleging potential
      liability or responsibility for violation of any Environmental Law on their
      respective businesses, operations and properties, and as a result thereof the
      Company has reasonably concluded that, except as specifically disclosed in
      Schedule
      5.09,
      there
      was no claim under such Environmental Laws that could, individually or in the
      aggregate, reasonably be expected to have a Material Adverse
      Effect.

    
      
        
        

      

      
        56

        
          

        

      

      
        
        

      

    

    5.10 
        Insurance.
      The
      properties of the Company and its Subsidiaries are insured with financially
      sound and reputable insurance companies not Affiliates of the Company, in such
      amounts, with such deductibles and covering such risks as are customarily
      carried by companies engaged in similar businesses and owning similar properties
      in localities where the Company or the applicable Subsidiary
      operates.

    

    5.11 
        Taxes.
      The
      Company and its Subsidiaries have filed all Federal, state and other material
      tax returns and reports which, to the knowledge of any Responsible Officer
      are
      required to be filed,, and have paid all Federal, state and other material
      taxes, assessments, fees and other governmental charges levied or imposed upon
      them or their properties, income or assets otherwise due and payable, except
      (i)
      those which are being contested in good faith by appropriate proceedings
      diligently conducted and for which adequate reserves have been provided in
      accordance with GAAP and (ii) those imposed by any Governmental Authority other
      than the Federal Government the non-payment of which could not reasonably be
      expected to give rise to any Material Adverse Effect. There is no proposed
      tax
      assessment against the Company or any Subsidiary that would, if made, have
      a
      Material Adverse Effect. Neither any Loan Party nor any Subsidiary thereof
      is
      party to any tax sharing agreement with any party other than the Company and
      its
      Subsidiaries.

    

    5.12 
        ERISA
      Compliance.

    

    (a)    Each
      Plan
      is in compliance in all material respects with the applicable provisions of
      ERISA, the Code and other Federal or state Laws. Each Plan that is intended
      to
      qualify under Section 401(a) of the Code has received a favorable determination
      letter (or, with respect to a nonstandardized prototype plan, a favorable
      opinion letter) from the IRS or an application for such a letter is currently
      being processed by the IRS with respect thereto and, to the knowledge of any
      Responsible Officer, nothing has occurred which would prevent, or cause the
      loss
      of, such qualification. The Company and each ERISA Affiliate have made all
      required contributions to each Plan subject to Section 412 of the Code, and
      no
      application for a funding waiver or an extension of any amortization period
      pursuant to Section 412 of the Code has been made with respect to any
      Plan.

    

    (b)    There
      are
      no pending or, to the knowledge of any Responsible Officer, threatened claims,
      actions or lawsuits, or action by any Governmental Authority, with respect
      to
      any Plan that could reasonably be expected to have a Material Adverse Effect.
      There has been no prohibited transaction or violation of the fiduciary
      responsibility rules with respect to any Plan that has resulted or could
      reasonably be expected to result in a Material Adverse Effect.

    

    (c)    (i)
      No
      ERISA Event has occurred or is reasonably expected to occur; (ii) no Pension
      Plan has any Unfunded Pension Liability; (iii) neither the Company nor any
      ERISA
      Affiliate has incurred, or reasonably expects to incur, any liability under
      Title IV of ERISA with respect to any Pension Plan (other than premiums due
      and
      not delinquent under Section 4007 of ERISA); (iv) neither the Company nor any
      ERISA Affiliate has incurred, or reasonably expects to incur, any liability
      (and
      no event has occurred which, with the giving of notice under Section 4219 of
      ERISA, would result in such liability) under Section 4201 or 4243 of ERISA
      with
      respect to a Multiemployer Plan; and (v) neither the Company nor any ERISA
      Affiliate has engaged in a transaction that could be subject to Section 4069
      or
      4212(c) of ERISA.

    

    5.13 
        Subsidiaries;
      Equity Interests.
      As of
      the Closing Date, the Company has no Subsidiaries other than those specifically
      disclosed in Part (a) of Schedule
      5.13,
      and all
      of the outstanding Equity Interests in such Subsidiaries have been validly
      issued, are fully paid and nonassessable and are owned by a Loan Party in the
      amounts specified on Part (a) 

    
      
        
        

      

      
        57

        
          

        

      

      
        
        

      

    

    of
      Schedule 5.13
      free and
      clear of all Liens(other than Liens described in Section
      4.01(a)(ix)).
      As of
      the Closing Date, the Company has no equity investments in any other
      corporation or entity other than those specifically disclosed in Part(b) of
      Schedule
      5.13.
      All of
      the outstanding Equity Interests in the Company have been validly issued and
      are
      fully paid and nonassessable.

    

    5.14 
        Margin
      Regulations; Investment Company Act; Public Utility Holding Company
      Act.

    

    (a)    No
      Borrower is engaged or will engage, principally or as one of its important
      activities, in the business of purchasing or carrying margin stock (within
      the
      meaning of Regulation U issued by the FRB), or extending credit for the purpose
      of purchasing or carrying margin stock. Following the application of the
      proceeds of each Borrowing or drawing under each Letter of Credit, not more
      than
      25% of the value of the assets (either of the applicable Borrower only or of
      the
      Company and its Subsidiaries on a consolidated basis) subject to the provisions
      of Section
      7.01
      or
Section
      7.05
      or
      subject to any restriction contained in any agreement or instrument between
      any
      Borrower and any Lender or any Affiliate of any Lender relating to Indebtedness
      and within the scope of Section
      8.01(e)
      will be
      margin stock.

    

    (b)    None
      of
      the Company or any Subsidiary (i) is a “holding company,” or a “subsidiary
      company” of a “holding company,” or an “affiliate” of a “holding company” or of
      a “subsidiary company” of a “holding company,” within the meaning of the Public
      Utility Holding Company Act of 1935, or (ii) is or is required to be registered
      as an “investment company” under the Investment Company Act of
      1940.

    

    5.15 
        Disclosure.
      The
      Company has disclosed to the Administrative Agent and the Lenders all
      agreements, instruments and corporate or other restrictions to which it or
      any
      of its Subsidiaries is subject, and all other matters known to it, that,
      individually or in the aggregate, could reasonably be expected to result in
      a
      Material Adverse Effect. No report, financial statement, certificate or other
      information furnished by or on behalf of any Loan Party to the Administrative
      Agent or any Lender in connection with the transactions contemplated hereby
      and
      the negotiation of this Agreement or delivered hereunder or under any other
      Loan
      Document (in each case, as modified or supplemented by other information so
      furnished) contains any material misstatement of fact or, taken as a whole,
      omits to state any material fact necessary to make the statements therein,
      in
      the light of the circumstances under which they were made, not misleading;
      provided
      that,
      with respect to projected financial information, the Company represents only
      that such information was prepared in good faith based upon assumptions believed
      to be reasonable at the time.

    

    5.16 
        Compliance
      with Laws.
      Each
      Loan Party and each Subsidiary thereof is in compliance in all material respects
      with the requirements of all Laws and all orders, writs, injunctions and decrees
      applicable to it or to its properties, except in such instances in which (a)
      such requirement of Law or order, writ, injunction or decree is being contested
      in good faith by appropriate proceedings diligently conducted or (b) the failure
      to comply therewith, either individually or in the aggregate, could not
      reasonably be expected to have a Material Adverse Effect.

    

    5.17 
        Taxpayer
      Identification Number; Other Identifying Information.
      The
      true and correct U.S. taxpayer identification number of the Company is set
      forth
      on Schedule
      10.02.

    

    5.18 
        Intellectual
      Property; Licenses, Etc.
      The
      Company and its Subsidiaries own, or possess the right to use, all of the
      trademarks, service marks, trade names, copyrights, patents, patent rights,
      franchises, licenses and other intellectual property rights (collectively,
      “IP
      Rights”)
      that
      are reasonably necessary for the operation of their respective businesses,
      without conflict with the rights of any other Person, except for those IP Rights
      the failure to own or possess the right to use could not reasonably be expected
      

    
      
        
        

      

      
        58

        
          

        

      

      
        
        

      

    

    to
      have a
      Material Adverse Effect. To the knowledge of any Responsible Officer, no slogan
      or other advertising device, product, process, method, substance, part or other
      material now employed, or now contemplated to be employed, by the Company or
      any
      Subsidiary infringes upon any rights held by any other Person, except for
      infringements that could not, individually or in the aggregate, reasonably
      be
      expected to have a Material Adverse Effect. No claim or litigation regarding
      any
      of the foregoing is pending or, to the knowledge of any Responsible Officer,
      threatened, which, either individually or in the aggregate, could reasonably
      be
      expected to have a Material Adverse Effect.

    

    5.19 
        Representations
      as to Foreign Obligors.
      Each of
      the Company and each Foreign Obligor represents and warrants to the
      Administrative Agent and the Lenders that:

    

    (a)    Such
      Foreign Obligor is subject to civil and commercial Laws with respect to its
      obligations under this Agreement and the other Loan Documents to which it is
      a
      party (collectively as to such Foreign Obligor, the “Applicable
      Foreign Obligor Documents”),
      and
      the execution, delivery and performance by such Foreign Obligor of the
      Applicable Foreign Obligor Documents constitute and will constitute private
      and
      commercial acts and not public or governmental acts. Neither such Foreign
      Obligor nor any of its property has any immunity from jurisdiction of any court
      or from any legal process (whether through service or notice, attachment prior
      to judgment, attachment in aid of execution, execution or otherwise) under
      the
      laws of the jurisdiction in which such Foreign Obligor is organized and existing
      in respect of its obligations under the Applicable Foreign Obligor
      Documents.

    

    (b)    The
      Applicable Foreign Obligor Documents are in proper legal form under the Laws
      of
      the jurisdiction in which such Foreign Obligor is organized and existing for
      the
      enforcement thereof against such Foreign Obligor under the Laws of such
      jurisdiction, and to ensure the legality, validity, enforceability, priority
      or
      admissibility in evidence of the Applicable Foreign Obligor Documents. It is
      not
      necessary to ensure the legality, validity, enforceability, priority or
      admissibility in evidence of the Applicable Foreign Obligor Documents that
      the
      Applicable Foreign Obligor Documents be filed, registered or recorded with,
      or
      executed or notarized before, any court or other authority in the jurisdiction
      in which such Foreign Obligor is organized and existing or that any registration
      charge or stamp or similar tax be paid on or in respect of the Applicable
      Foreign Obligor Documents or any other document, except for (i) any such filing,
      registration, recording, execution or notarization as has been made or is not
      required to be made until the Applicable Foreign Obligor Document or any other
      document is sought to be enforced and (ii) any charge or tax as has been timely
      paid.

    

    (c)    There
      is
      no tax, levy, impost, duty, fee, assessment or other governmental charge, or
      any
      deduction or withholding, imposed by any Governmental Authority in or of the
      jurisdiction in which such Foreign Obligor is organized and existing either
      (i)
      on or by virtue of the execution or delivery of the Applicable Foreign Obligor
      Documents or (ii) on any payment to be made by such Foreign Obligor pursuant
      to
      the Applicable Foreign Obligor Documents, except as has been disclosed to the
      Administrative Agent.

    

    (d)    The
      execution, delivery and performance of the Applicable Foreign Obligor Documents
      executed by such Foreign Obligor are, under applicable foreign exchange control
      regulations of the jurisdiction in which such Foreign Obligor is organized
      and
      existing, not subject to any notification or authorization except (i) such
      as
      have been made or obtained or (ii) such as cannot be made or obtained until
      a
      later date (provided
      that any
      notification or authorization described in clause (ii) shall be made or obtained
      as soon as is reasonably practicable).

    
      
        
        

      

      
        59

        
          

        

      

      
        
        

      

    

    

    ARTICLE
      VI.

    AFFIRMATIVE
      COVENANTS

    

    So
      long
      as any Lender shall have any Commitment hereunder, any Loan or other Obligation
      hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall
      remain outstanding, the Company shall, and shall (except in the case of the
      covenants set forth in Sections
      6.01,
      6.02,
      and
6.03)
      cause
      each Subsidiary to:

    

    6.01 
        Financial
      Statements.
      Deliver
      to the Administrative Agent and each Lender, in form and detail reasonably
      satisfactory to the Administrative Agent and the Required Lenders:

    

    (a)    as
      soon
      as available, but in any event within 90 days after the end of each fiscal
      year
      of the Company, a consolidated balance sheet of the Company and its Subsidiaries
      as at the end of such fiscal year, and the related consolidated statements
      of
      income or operations, shareholders’ equity and cash flows for such fiscal year,
      setting forth in each case in comparative form the figures for the previous
      fiscal year, all in reasonable detail and prepared in accordance with GAAP,
      audited and accompanied by (i) a report and opinion of a Registered Public
      Accounting Firm of nationally recognized standing reasonably acceptable to
      the
      Administrative Agent (if other than a “Big Four” firm), which report and opinion
      shall be prepared in accordance with generally accepted auditing standards
      and
      applicable Securities Laws and shall not be subject to any “going concern” or
      like qualification or exception or any qualification or exception as to the
      scope of such audit or with respect to the absence of any material misstatement
      and (ii) an opinion of such Registered Public Accounting Firm independently
      assessing the Company’s internal controls over financial reporting in accordance
      with Item 308 of SEC Regulation S-K, applicable PCAOB Auditing Standards, and
      Section 404 of Sarbanes-Oxley;

    

    (b)    as
      soon
      as available, but in any event within 45 days after the end of each of the
      first
      three fiscal quarters of each fiscal year of the Company, a consolidated balance
      sheet of the Company and its Subsidiaries as at the end of such fiscal quarter,
      and the related consolidated statements of income or operations and cash flows
      for such fiscal quarter and for the portion of the Company’s fiscal year then
      ended, setting forth in each case in comparative form the figures for the
      corresponding fiscal quarter of the previous fiscal year and the corresponding
      portion of the previous fiscal year, all in reasonable detail, certified by
      the
      chief executive officer, chief financial officer, treasurer or controller of
      the
      Company as fairly presenting the financial condition, results of operations
      and
      cash flows of the Company and its Subsidiaries in accordance with GAAP, subject
      only to normal year-end audit adjustments and the absence of footnotes;
      and

    

    (c)    as
      soon
      as available, but in any event at least 60 days after the end of each fiscal
      year of the Company, forecasts prepared by management of the Company, in form
      reasonably satisfactory to the Administrative Agent and the Required Lenders,
      of
      consolidated balance sheets and statements of income or operations and cash
      flows of the Company and its Subsidiaries on a quarterly basis for the
      immediately following fiscal year (including the fiscal year in which the
      Maturity Date occurs).

    

    As
      to any
      information contained in materials furnished pursuant to Section
      6.02(c),
      the
      Company shall not be separately required to furnish such information under
      clause (a) or (b) above, but the foregoing shall not be in derogation of the
      obligation of the Company to furnish the information and materials described
      in
      clauses (a) and (b) above at the times specified therein.

    
      
        
        

      

      
        60

        
          

        

      

      
        
        

      

    

        6.02
             Certificates;
      Other Information. Deliver
      to the Administrative Agent and each Lender, in form and detail reasonably
      satisfactory to the Administrative Agent:

    

    (a)    concurrently
      with the delivery of the financial statements referred to in Sections 6.01(a)
      and
(b),
      a duly
      completed Compliance Certificate signed by the chief executive officer, chief
      financial officer, treasurer or controller of the Company;

    

    (b)    promptly
      after any request by the Administrative Agent, copies of any detailed audit
      reports, management letters or recommendations submitted to the board of
      directors (or the audit committee of the board of directors) of the Company
      by
      independent accountants in connection with the accounts or books of the Company
      or any Subsidiary, or any audit of any of them;

    

    (c)    promptly
      after the same are available, copies of each annual report, proxy or financial
      statement or other report or communication sent to the stockholders of the
      Company, and copies of all annual, regular, periodic and special reports and
      registration statements which the Company may file or be required to file with
      the SEC under Section 13 or 15(d) of the Securities Exchange Act of 1934, and
      not otherwise required to be delivered to the Administrative Agent pursuant
      hereto;

    

    (d)    within
      30
      days (or such longer period as may be reasonably acceptable to the
      Administrative Agent) of delivery of any opinion required by a Registered Public
      Accounting Firm under Section
      6.01(a)(ii)
      that
      contains a statement that there is a material weakness in the Company's internal
      controls over financial reporting, a certificate of the chief financial officer
      of the Company to the effect that such weakness has been discussed in detail
      with such Registered Public Accounting Firm and that steps have been taken
      satisfactory to such Registered Public Accounting Firm such that such weakness
      has been remedied and no longer constitutes an Internal Control
      Event;

    

    (e)    promptly,
      and in any event within five Business Days after receipt thereof by any Loan
      Party or any Subsidiary thereof, copies of each written notice or other
      correspondence received from the SEC (or comparable agency in any applicable
      non-U.S. jurisdiction) concerning any investigation or possible investigation
      by
      such agency regarding financial or other operational results of any Loan Party
      or any Subsidiary thereof, it being understood the foregoing does not include
      SEC comment letters or routine correspondence; and

    

    (f)    promptly,
      such additional information regarding the business, financial or corporate
      affairs of the Company or any Subsidiary, or compliance with the terms of the
      Loan Documents, as the Administrative Agent or any Lender may from time to
      time
      reasonably request.

    

    Documents
      required to be delivered pursuant to Section
      6.01(a)
      or
(b)
      or
Section
      6.02(c)
      (to the
      extent any such documents are included in materials otherwise filed with the
      SEC) may be delivered electronically and if so delivered, shall be deemed to
      have been delivered on the date (i) on which the Company posts such documents,
      or provides a link thereto on the Company’s website on the Internet at the
      website address listed on Schedule
      10.02;
      or (ii)
      on which such documents are posted on the Company’s behalf on an Internet or
      intranet website, if any, to which each Lender and the Administrative Agent
      have
      access (whether a commercial, third-party website or whether sponsored by the
      Administrative Agent); provided
      that:
      (i) the Company shall deliver paper copies of such documents to the
      Administrative Agent or any Lender that requests the Company to deliver such
      paper 

    
      
        
        

      

      
        61

        
          

        

      

      
        
        

      

    

    copies
      until a written request to cease delivering paper copies is given by the
      Administrative Agent or such Lender and (ii) the Company shall notify the
      Administrative Agent and each Lender (by telecopier or electronic mail) of
      the
      posting of any such documents and provide to the Administrative Agent by
      electronic mail electronic versions (i.e.,
      soft
      copies) of such documents. Notwithstanding anything contained herein, in every
      instance the Company shall be required to provide paper copies of the Compliance
      Certificates required by Section
      6.02(b)
      to the
      Administrative Agent. Except for such Compliance Certificates, the
      Administrative Agent shall have no obligation to request the delivery or to
      maintain copies of the documents referred to above, and in any event shall
      have
      no responsibility to monitor compliance by the Company with any such request
      for
      delivery, and each Lender shall be solely responsible for requesting delivery
      to
      it or maintaining its copies of such documents.

    

    Each
      Borrower hereby acknowledges that (a) the Administrative Agent and/or the
      Arranger will make available to the Lenders and the L/C Issuer materials and/or
      information provided by or on behalf of such Borrower hereunder (collectively,
      “Borrower
      Materials”)
      by
      posting the Borrower Materials on IntraLinks or another similar electronic
      system (the “Platform”)
      and
      (b) certain of the Lenders may be “public-side” Lenders (i.e.,
      Lenders
      that do not wish to receive material non-public information with respect to
      any
      Borrower or its securities) (each, a “Public
      Lender”).
      Each
      Borrower hereby agrees that (w) all Borrower Materials that are to be made
      available to Public Lenders shall be clearly and conspicuously marked “PUBLIC”
which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently
      on the first page thereof; (x) by marking Borrower Materials “PUBLIC,” the
      Borrowers shall be deemed to have authorized the Administrative Agent, the
      Arranger, the L/C Issuer and the Lenders to treat such Borrower Materials as
      not
      containing any material non-public information with respect to the Borrowers
      or
      their respective securities for purposes of United States Federal and state
      securities laws (provided,
      however,
      that to
      the extent such Borrower Materials constitute Information, they shall be treated
      as set forth in Section
      10.07);
      (y)
      all Borrower Materials marked “PUBLIC” are permitted to be made available
      through a portion of the Platform designated “Public Investor;” and (z) the
      Administrative Agent and the Arranger shall be entitled to treat any Borrower
      Materials that are not marked “PUBLIC” as being suitable only for posting on a
      portion of the Platform not designated “Public Investor.”

    

    6.03 
        Notices.
      Promptly notify the Administrative Agent and each Lender:

    

    (a)    of
      any
      Responsible Officer becoming aware of the occurrence of any
      Default;

    

    (b)    of
      any
      matter that has resulted or could reasonably be expected to result in a Material
      Adverse Effect, including any of the following that has resulted or could
      reasonably be expected to result in a Material Adverse Effect: (i) breach or
      non-performance of, or any default under, a Contractual Obligation of the
      Company or any Subsidiary; (ii) any dispute, litigation, investigation,
      proceeding or suspension between the Company or any Subsidiary and any
      Governmental Authority; or (iii) the commencement of, or any material
      development in, any litigation or proceeding affecting the Company or any
      Subsidiary, including pursuant to any applicable Environmental
      Laws;

    

    (c)    of
      the
      occurrence of any ERISA Event;

    

    (d)    of
      any
      material change in accounting policies or financial reporting practices by
      the
      Company or any Subsidiary; and

    

    (e)    of
      the
      determination by the Registered Public Accounting Firm providing the opinion
      required under Section
      6.01(a)(ii)
      (whether
      contained in such opinion when delivered or in connection with its preparation
      of such opinion) or the Company’s determination at any time of the occurrence or
      existence of any Internal Control Event.

    
      
        
        

      

      
        62

        
          

        

      

      
        
        

      

    

    Each
      notice pursuant to this Section
      6.03
      shall be
      accompanied by a statement of a Responsible Officer of the Company setting
      forth
      details of the occurrence referred to therein and stating what action the
      Company has taken and proposes to take with respect thereto. Each notice
      pursuant to Section
      6.03(a)
      shall
      describe with particularity any and all provisions of this Agreement and any
      other Loan Document that have been breached.

    

    6.04 
        Payment
      of Obligations.
      Pay and
      discharge as the same shall become due and payable: (a) all tax liabilities,
      assessments and governmental charges or levies upon it or its properties or
      assets; and (b) all lawful claims which, if unpaid, would by law become a Lien
      upon its property not permitted under Section
      7.01,
      as and
      when due and payable, but subject to any subordination provisions contained
      in
      any instrument or agreement evidencing such Indebtedness, unless (i) in the
      case
      of clause (a) above, the failure to pay such obligations and liabilities could
      not reasonably be expected to have a Material Adverse Effect or (ii) such
      obligations and liabilities are being contested in good faith by appropriate
      proceedings diligently conducted and adequate reserves in accordance with GAAP
      are being maintained by the Company or such Subsidiary.

    

    6.05 
        Preservation
      of Existence, Etc.
      (a)
      Preserve, renew and maintain in full force and effect its legal existence and
      good standing under the Laws of the jurisdiction of its organization except
      in a
      transaction permitted by Section
      7.04
      or
7.05;
      (b)
      take all reasonable action to maintain all rights, privileges, permits, licenses
      and franchises necessary or desirable in the normal conduct of its business,
      except to the extent that failure to do so could not reasonably be expected
      to
      have a Material Adverse Effect; and (c) preserve or renew all of its registered
      patents, trademarks, trade names and service marks, the non-preservation of
      which could reasonably be expected to have a Material Adverse
      Effect.

    

    6.06 
        Maintenance
      of Properties.
      (a)
      Maintain, preserve and protect, and make all necessary repairs to and renewals
      and replacements of, all of its properties and equipment necessary in the
      operation of its business in good working order and condition, except where
      the
      failure to do so could not reasonably be expected to have a Material Adverse
      Effect.

    

    6.07 
        Maintenance
      of Insurance.
      Maintain with financially sound and reputable insurance companies not Affiliates
      of the Company, insurance with respect to its properties and business against
      loss or damage of the kinds, (i) in the case of Mortgaged Properties, required
      in the Mortgage, and (ii) in all other cases, customarily insured against by
      Persons engaged in the same or similar business, of such types and in such
      amounts as are customarily carried under similar circumstances by such other
      Persons and, in the case of any general liability, property and casualty,
      business interruption or umbrella liability insurance, providing for not less
      than 30 days’ prior notice to the Administrative Agent of cancellation of such
      insurance (or providing for such other notice of cancellation as shall be
      reasonably acceptable to the Administrative Agent).

    

    6.08 
        Compliance
      with Laws.
      Comply
      in all material respects with the requirements of all Laws and all orders,
      writs, injunctions and decrees applicable to it or to its business or property,
      except in such instances in which (a) such requirement of Law or order, writ,
      injunction or decree is being contested in good faith by appropriate proceedings
      diligently conducted; or (b) the failure to comply therewith could not
      reasonably be expected to have a Material Adverse Effect.

    

    6.09 
        Books
      and Records.
      (a)
      Maintain proper books of record and account, in which full, true and correct
      entries in conformity with GAAP consistently applied shall be made of all
      financial transactions and matters involving the assets and business of the
      Company or such Subsidiary, as the case may be; and (b) maintain such books
      of
      record and account in material conformity with all applicable requirements
      of
      any Governmental Authority having regulatory jurisdiction over the Company
      or
      such Subsidiary, as the case may be.

    
      
        
        

      

      
        63

        
          

        

      

      
        
        

      

    

    6.10
         Inspection
      Rights.
      Permit
      representatives and independent contractors of the Administrative Agent and
      each
      Lender to visit and inspect any of its properties, to examine its corporate,
      financial and operating records, and make copies thereof or abstracts therefrom,
      and to discuss its affairs, finances and accounts with its directors, officers,
      and independent public accountants, all at such reasonable times during normal
      business hours and as often as may be reasonably desired, upon reasonable
      advance notice to the Company; provided,
      however,
      that
      when an Event of Default exists the Administrative Agent or any Lender (or
      any
      of their respective representatives or independent contractors) may do any
      of
      the foregoing at the expense of the Company at any time during normal business
      hours and without advance notice.

    

    6.11
          Use
      of Proceeds.
      Use the
      proceeds of the Credit Extensions for general corporate purposes not in
      contravention of any Law or of any Loan Document.

    

    6.12
         Approvals
      and Authorizations.
      Maintain all authorizations, consents, approvals and licenses from, exemptions
      of, and filings and registrations with, each Governmental Authority of the
      jurisdiction in which each Foreign Obligor is organized and existing, and all
      approvals and consents of each other Person in such jurisdiction, in each case
      that are required in connection with the Loan Documents.

    

    6.13
         Additional
      Collateral; Additional Subsidiary Guarantors.
      (a)
      With respect to any assets or any interest therein (other than assets or
      interests having immaterial value) acquired after the Closing Date by the
      Company or any of its Subsidiaries that are intended to be subject to the Lien
      created by any of the Security Agreements but which are not so subject promptly
      (and in any event within 60 days after the acquisition thereof): (i) execute
      and
      deliver to the Administrative Agent such amendments to the relevant Security
      Agreements or such other documents as the Administrative Agent shall deem
      necessary or advisable to grant to the Administrative Agent, for the benefit
      of
      the Lenders, a Lien on such assets (or such interest therein), (ii) take all
      actions necessary or advisable to cause such Lien to be duly perfected in
      accordance with all applicable Laws, including, without limitation, the filing
      of financing statements in such jurisdictions as may be requested by the
      Administrative Agent, (iii) if requested by the Administrative Agent, deliver
      to
      the Administrative Agent legal opinions relating to the matters described in
      clauses (i) and (ii) immediately preceding, which opinions shall be in form
      and
      substance, and from counsel, reasonably satisfactory to the Administrative
      Agent, and (iv) if reasonably requested by the Administrative Agent, deliver
      to
      the Administrative Agent surveys, title insurance and flood insurance reasonably
      satisfactory to the Administrative Agent.

    

    (b)    With
      respect to any Person that, subsequent to the Closing Date, becomes a Domestic
      Subsidiary (other than an Immaterial Subsidiary), promptly upon the request
      of
      the Administrative Agent: (i) execute and deliver to the Administrative Agent,
      for the benefit of the Lenders, a new pledge agreement, or such amendments
      to
      the Guaranty and Collateral Agreement as the Administrative Agent shall deem
      necessary or advisable to grant to the Administrative Agent, for the benefit
      of
      the Lenders, a Lien on the Equity Interest of such Subsidiary which is owned
      by
      the Borrower or any of its Subsidiaries, (ii) deliver to the Administrative
      Agent the certificates representing such Equity Interest, together with undated
      stock powers executed and delivered in blank by a duly authorized officer of
      the
      Borrower or such Subsidiary, as the case may be, (iii) cause such new Subsidiary
      (A) to become a party to the Guaranty and Collateral Agreement or to a new
      security agreement in each case pursuant to an annex to the Guaranty and
      Collateral Agreement which is in form and substance reasonably satisfactory
      to
      the Administrative Agent, and (B) to take all actions necessary or advisable
      to
      cause the Lien created by the Guaranty and Collateral Agreement or such security
      agreement, to be duly perfected in accordance with all applicable Law,
      including, without limitation, the filing of financing statements in such
      jurisdictions as may be requested by the Administrative Agent, and (iv) deliver
      to the Administrative Agent legal opinions and/or certificates of a Responsible
      Officer relating to the matters described in clauses (i), (ii) and (iii)
      immediately preceding, which opinions and certificates shall be in form and
      substance, and from counsel, reasonably satisfactory to the Administrative
      Agent.

    
      
        
        

      

      
        64

        
          

        

      

      
        
        

      

    

     

    (c)    With
      respect to any Person that subsequent to the Closing Date becomes a Foreign
      Subsidiary (other than a Foreign Subsidiary owned by another Foreign
      Subsidiary), promptly upon the request of the Administrative Agent: (i) execute
      and deliver to the Administrative Agent a foreign stock pledge agreement, or
      such amendments to the Guaranty and Collateral Agreement as the Administrative
      Agent shall deem necessary or advisable to grant to the Administrative Agent,
      for the benefit of the Lenders, a Lien on 65% of the Equity Interest of such
      Subsidiary which is owned by the Borrower or any of its Subsidiaries, (ii)
      deliver to the Administrative Agent the certificate or certificates representing
      65% of the Equity Interest of such Foreign Subsidiary, together with, if
      required by such foreign stock pledge agreement, undated stock powers for each
      such certificate executed in blank by a duly authorized officer of the pledgor
      thereof, (iii) complete such other actions as are necessary or, in the opinion
      of the Administrative Agent, desirable to perfect the Liens created by such
      foreign stock pledge agreement and (iv) cause the delivery of the executed
      legal
      opinion of special foreign counsel with respect to such foreign stock pledge
      agreement, in form and substance reasonably satisfactory to the Administrative
      Agent.

    

    6.14 
        Further
      Assurances.
      Upon
      the request of the Administrative Agent, promptly perform or cause to be
      performed any and all acts and execute or cause to be executed any and all
      documents (including, without limitation, financing statements and continuation
      statements) for filing under the provisions of the applicable Uniform Commercial
      Code or any other applicable Laws that are necessary or advisable to maintain
      in
      favor of the Administrative Agent, for the benefit of the Lenders, Liens on
      the
      Collateral that are duly perfected in accordance with all applicable
      Laws.

    

    6.15 
        Real
      Property Matters.
      With
      respect to the real property listed on Schedule
      A,
      no
      later than 60 days following the Effective Date, at its own expense (i) deliver
      to the Administrative Agent, for the benefit of the Lenders, a Mortgage on
      such
      real property and take all actions necessary or, in the opinion of the
      Administrative Agent, desirable to cause any liens created by any such Mortgage
      to be duly perfected in accordance with all applicable Laws and (ii) deliver
      to
      the Administrative Agent environmental reports reasonably satisfactory to the
      Administrative Agent. With respect to any other real property acquired by the
      Company or its Subsidiaries after the Closing Date (other than leased real
      property and other real property that, individually or in the aggregate, has
      fair market value not exceeding $5,000,000), to the extent reasonably requested
      by the Administrative Agent, (no later than 60 days following such request)
      and
      at the Borrower's own expense (a) deliver to the Administrative Agent, for
      the
      benefit of the Lenders, a Mortgage on such real property, (b) take all actions
      necessary or, in the opinion of the Administrative Agent, desirable to cause
      any
      liens created by any such Mortgage to be duly perfected in accordance with
      all
      applicable Laws, including, without limitation, the recording of such Mortgages
      in such jurisdictions as may be requested by the Administrative Agent, and
      (c)
      confirm that the Borrower has received the notice required pursuant to Section
      208(e)(3) of Regulation H of the FRB.

    

    
      
        
        

      

      
        65

        
          

        

      

      
        
        

      

    

    ARTICLE
      VII.

    NEGATIVE
      COVENANTS

    

    So
      long
      as any Lender shall have any Commitment hereunder, any Loan or other Obligation
      hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall
      remain outstanding, the Company shall not, nor shall it permit any Subsidiary
      to, directly or indirectly:

    

    7.01 
        Liens.
      Create,
      incur, assume or suffer to exist any Lien upon any of its property, assets
      or
      revenues, whether now owned or hereafter acquired, other than the following:
      

    

    (a)    Liens
      pursuant to any Loan Document;

    

    (b)    Liens
      existing on the date hereof and listed on Schedule
      7.01
      and any
      renewals or extensions thereof, provided
      that (i)
      the property covered thereby is not changed, (ii) the amount secured or
      benefited thereby is not increased except as contemplated by Section
      7.03(b),
      (iii)
      the direct or any contingent obligor with respect thereto is not changed, and
      (iv) any renewal or extension of the obligations secured or benefited thereby
      is
      permitted by Section
      7.03(b);

    

    (c)    Liens
      for
      taxes, assessments or other governmental charges not yet due or which are being
      contested in good faith and by appropriate proceedings, if adequate reserves
      with respect thereto are maintained on the books of the applicable Person in
      accordance with GAAP;

    

    (d)    carriers’,
      warehousemen’s, mechanics’, materialmen’s, repairmen’s or other like Liens
      arising in the ordinary course of business which are not overdue for a period
      of
      more than 60 days or which are being contested in good faith and by appropriate
      proceedings;

    

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

    

    (f)    deposits
      to secure the performance of bids, trade contracts and leases (other than
      Indebtedness), statutory obligations, surety and appeal bonds, tenders,
      licenses, performance bonds and other obligations of a like nature incurred
      in
      the ordinary course of business;

    

    (g)    easements,
      rights-of-way, restrictions and other similar encumbrances, utility agreements,
      covenants, reservations and encroachments and other similar encumbrances or
      title defects incurred, or leases or subleases granted to others in the ordinary
      course of business affecting real property which, in the aggregate, are not
      substantial in amount, and which do not in any case materially detract from
      the
      value of the property subject thereto or materially interfere with the ordinary
      conduct of the business of the applicable Person;

    

    (h)    Liens
      securing judgments for the payment of money not constituting an Event of Default
      under Section
      8.01(h);

    

    (i)    Liens
      securing Indebtedness permitted under Section
      7.03(g);
      provided
      that (i)
      such Liens do not at any time encumber any property other than the property
      financed by such Indebtedness and (ii) the Indebtedness secured thereby does
      not
      exceed the cost or fair market value, whichever is lower, of the property being
      acquired on the date of acquisition;

    
      
        
        

      

      
        66

        
          

        

      

      
        
        

      

    

    (j)    Liens
      on
      assets of corporations which become Subsidiaries of the Company after the date
      hereof existing on the date of such acquisition, provided that (i) such Liens
      do
      not at any time encumber any property other than the property financed by the
      Indebtedness, (ii) the principal amount of Indebtedness secured thereby is
      not
      increased, and (iii) such Lien or indebtedness is not created or incurred in
      connection with or contemplation of such acquisition;

    

    (k)    Liens
      on
      assets of the Foreign Subsidiaries (but, for the avoidance of doubt, not
      Domestic Subsidiaries) of the Company securing Indebtedness permitted by
Section
      7.03(h);
      and

    

    (l)    Liens
      in
      respect of security interest in inventory and any proceeds thereof granted
      in
      the ordinary course of business for the benefit of any supplier of such
      inventory bearing the trade or service mark of such supplier, provided such
      liens do not extend to assets other than parts supplied from time to time by
      such supplier in the ordinary course of business so long as (i) such Liens
      are
      junior to the Liens in favor of the Administrative Agent under the Security
      Documents and (ii) the obligations secured by such Liens do not exceed
      $1,000,000 in the aggregate.

    

    7.02 
        Investments.
      Make
      any Investments, except:

    

    (a)    Investments
      held by the Company or such Subsidiary in the form of Cash
      Equivalents;

    

    (b)    advances
      to officers, directors and employees of the Company and Subsidiaries in an
      aggregate amount not to exceed $1,000,000 at any time outstanding, for travel,
      entertainment, relocation and analogous ordinary business purposes;

    

    (c)    Investments
      of the Company in any Subsidiary Guarantor and Investments of any Subsidiary
      Guarantor in the Company or in another Subsidiary Guarantor;

    

    (d)    Investments
      of any Foreign Subsidiary in the Company and other Subsidiaries of the
      Company;

    

    (e)    Investments
      of the Company or Subsidiary Guarantors in Foreign Subsidiaries in an aggregate
      amount not to exceed $20,000,000 (determined on a cumulative basis from and
      after the Closing Date, but giving effect to reductions of amounts outstanding
      by the amount of capital in respect thereof returned in cash to the Company
      or
      the applicable Subsidiary Guarantor from time to time); provided,
      that
      immediately before and after giving effect to such Investment, no Default or
      Event of Default shall have occurred and be continuing;

    

    (f)    Investments
      consisting of extensions of credit in the nature of accounts receivable or
      notes
      receivable arising from the grant of trade credit in the ordinary course of
      business, and Investments received in satisfaction or partial satisfaction
      thereof from financially troubled account debtors to the extent reasonably
      necessary in order to prevent or limit loss;

    

    (g)    Guarantees
      permitted by Section
      7.03;

    

    (h)    Permitted
      Acquisitions; 

    

    (i)    any
      notes, securities or other instruments received as consideration for any sale
      of
      assets permitted hereunder in an aggregate amount not to exceed $1,000,000
      in
      any fiscal year of the Company;

    
      
        
        

      

      
        67

        
          

        

      

      
        
        

      

    

    (j)    any
      notes, securities or other instruments received as part of the settlement of
      litigation or in satisfaction of extensions of credit to any Person otherwise
      permitted hereunder pursuant to the reorganization, bankruptcy or liquidation
      of
      such Person; and

    

    (k)    other
      Investments not exceeding $20,000,000 in the aggregate in any fiscal year of
      the
      Company.

    

    7.03 
        Indebtedness.
      Create,
      incur, assume or suffer to exist any Indebtedness, except:

    

    (a)    Indebtedness
      under the Loan Documents;

    

    (b)    Indebtedness
      outstanding on the date hereof and listed on Schedule
      7.03
      and any
      refinancings, refundings, renewals or extensions thereof; provided
      that the
      amount of such Indebtedness is not increased at the time of such refinancing,
      refunding, renewal or extension except by an amount equal to a reasonable
      premium or other reasonable amount paid, and fees and expenses reasonably
      incurred, in connection with such refinancing and by an amount equal to any
      existing commitments unutilized thereunder;

    

    (c)    Guarantees
      of the Company or any Subsidiary Guarantor in respect of Indebtedness otherwise
      permitted hereunder of the Company or any other Subsidiary
      Guarantor;

    

    (d)    Indebtedness
      of the Company to any Subsidiary or of any Subsidiary Guarantor to the
      Company;

    

    (e)    intercompany
      Indebtedness of Foreign Subsidiaries to the Company or Subsidiary Guarantors
      arising out of loans and advances permitted under Section
      7.02(e);

    

    (f)    obligations
      (contingent or otherwise) of the Company or any Subsidiary existing or arising
      under any Swap Contract, provided
      that (i)
      such obligations are (or were) entered into by such Person in the ordinary
      course of business for the purpose of directly mitigating risks associated
      with
      liabilities, commitments, investments, assets, or property held or reasonably
      anticipated by such Person, or changes in the value of securities issued by
      such
      Person, and not for purposes of speculation or taking a “market view;” and (ii)
      except for a Related Swap Contract, such Swap Contract does not contain any
      provision exonerating the non-defaulting party from its obligation to make
      payments on outstanding transactions to the defaulting party;

    

    (g)    Indebtedness
      in respect of capital leases, Synthetic Lease Obligations and purchase money
      obligations for fixed or capital assets within the limitations set forth in
      Section
      7.01(i);
      provided,
      however,
      that
      the aggregate amount of all such Indebtedness at any one time outstanding shall
      not exceed $20,000,000;

    

    (h)    Indebtedness
      of Subsidiaries of the Company at any time not exceeding an aggregate principal
      amount outstanding equivalent at such time to $20,000,000 (US Dollars
      equivalent);

    

    (i)    
Indebtedness
      in respect of surety bonds and similar instruments incurred in the ordinary
      course of business; and

    

    (j)    
other
      unsecured Indebtedness of the Company, provided
      the
      Company is in pro forma compliance with the covenants contained in Section
      7.12
      (both
      before and after giving effect to the incurrence of such other unsecured
      Indebtedness).

    
      
        
        

      

      
        68

        
          

        

      

      
        
        

      

    

    7.04 
        Fundamental
      Changes.
      Merge,
      dissolve, liquidate, consolidate with or into another Person, or Dispose of
      (whether in one transaction or in a series of transactions) all or substantially
      all of its assets (whether now owned or hereafter acquired) to or in favor
      of
      any Person, except that, so long as no Default exists or would result
      therefrom:

    

    (a)    any
      Subsidiary may merge with (i) the Company, provided
      that the
      Company shall be the continuing or surviving Person, or (ii) any one or more
      other Subsidiaries, provided
      that
      when any Subsidiary Guarantor is merging with another Subsidiary, a Subsidiary
      Guarantor shall be the continuing or surviving Person;

    

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

    

    (c)    the
      Company or any Subsidiary may engage in mergers or consolidations in connection
      with Permitted Acquisitions; and

    

    (d)    the
      Company or any Subsidiary may engage in transactions permitted pursuant to
      Section 7.05.

    

    7.05 
        Dispositions.
      Make
      any Disposition or enter into any agreement to make any Disposition,
      except:

    

    (a)    Dispositions
      of surplus, obsolete or worn out property, whether now owned or hereafter
      acquired, in the ordinary course of business;

    

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

    

    (c)    Dispositions
      of equipment or real property to the extent that (i) such property is exchanged
      for credit against the purchase price of similar replacement property or (ii)
      the proceeds of such Disposition are reasonably promptly applied to the purchase
      price of such replacement property; provided,
      that
      immediately before and after giving effect to such Disposition, no Default
      or
      Event of Default shall have occurred and be continuing;

    

    (d)    Dispositions
      of property by any Subsidiary to the Company or to a wholly-owned Subsidiary;
      provided
      that if
      the transferor of such property is a Subsidiary Guarantor, the transferee
      thereof must either be the Company or a Subsidiary Guarantor;

    

    (e)    Dispositions
      permitted by Section
      7.04;

    

    (f)    Dispositions
      by the Company and its Subsidiaries of property pursuant to sale-leaseback
      transactions, provided that the book value of all property so Disposed of shall
      not exceed $25,000,000 from and after the Closing Date;
      and
      provided further that immediately before and after giving effect to such
      Disposition, no Default or Event of Default shall have occurred and be
      continuing;

    

    (g)    non-exclusive
      licenses of IP Rights;

    

    (h)    the
      sublease of real or personal property on commercially reasonable terms to the
      extent that the Company determines that such property is no longer necessary
      in
      the conduct of the business of the Company and Subsidiaries;

    
      
        
        

      

      
        69

        
          

        

      

      
        
        

      

    

    (i)    Dispositions
      by the Company and its Subsidiaries not otherwise permitted pursuant
      to clauses (a)
      through
(h)
      of
this
      Section
      7.05;
      provided that (i) at the time of such Disposition, no Default shall exist or
      would result from such Disposition and (ii) the aggregate book value of all
      property Disposed of under this clause (i) in any fiscal year shall
      not
      exceed $2,500,000; and

    

    (j)    subject
      to the provisions of Section 2.06(b),
      Dispositions by the Company and its Subsidiaries not otherwise permitted under
      this Section
      7.05;

    

    provided,
      however,
      that
      any Disposition in excess of $1,000,000 pursuant to clauses (b)
      through (j)
      (other
      than Dispositions among Loan Parties) shall be for fair market value in the
      reasonable determination of the Company or Subsidiary making such
      Disposition.

    

    7.06 
        Restricted
      Payments.
      Declare
      or make, directly or indirectly, any Restricted Payment, or incur any obligation
      (contingent or otherwise) to do so, if immediately after giving effect to such
      proposed action, a Default or Event of Default would exist.

    

    7.07
        Change
      in Nature of Business; Creation of Subsidiaries.
      (a)
      Engage in any material line of business substantially different from those
      lines
      of business conducted by the Company and its Subsidiaries on the date hereof
      or
      any business substantially related or incidental thereto.

    

    (b)   Create
      any new Domestic Subsidiaries of the Company other than (i) any Domestic
      Subsidiary that, promptly upon becoming a Domestic Subsidiary (and in any event
      within ten days of such event), executes and becomes a party to the Guaranty
      and
      Collateral Agreement, or (ii) an Immaterial Domestic Subsidiary, provided,
      that
      in the case of clause (ii) when such Domestic Subsidiary no longer qualifies
      as
      an Immaterial Domestic Subsidiary, it shall promptly execute and become a party
      to the Guaranty and Collateral Agreement.

    

    7.08 
        Transactions
      with Affiliates.
      Enter
      into any transaction of any kind with any Affiliate of the Company, whether
      or
      not in the ordinary course of business, other than on fair and reasonable terms
      substantially as favorable to the Company or such Subsidiary as would be
      obtainable by the Company or such Subsidiary at the time in a comparable arm’s
      length transaction with a Person other than an Affiliate; provided that
      notwithstanding the foregoing such prohibited transactions with Affiliates
      shall
      not include (a) payments of reasonable and customary directors' fees and
      indemnities of directors, officers and employees, (b) transfers of inventory,
      equipment IP Rights and other property among the Loan Parties in the ordinary
      course of business and (c) compensation arrangements for officers and other
      employees of the Company and its Subsidiaries entered into in the ordinary
      course of business.

    

    7.09 
        Burdensome
      Agreements.
      Enter
      into any Contractual Obligation (other than this Agreement or any other Loan
      Document) that (a) limits the ability (i) of any Subsidiary to make Restricted
      Payments to the Company or any Subsidiary Guarantor or to otherwise transfer
      property to the Company or any Subsidiary Guarantor, (ii) of any Subsidiary
      to
      Guarantee the Obligations or (iii) of the Company or any Subsidiary to create,
      incur, assume or suffer to exist Liens on property of such Person; provided,
      however,
      that
      this clause (iii) shall not prohibit any negative pledge incurred or provided
      in
      favor of any holder of Indebtedness permitted under Section
      7.03(e)
      solely
      to the extent any such negative pledge relates to the property financed by
      or
      the subject of such Indebtedness; or (b) requires the grant of a Lien to secure
      an obligation of such Person if a Lien is granted to secure the
      Obligations.

    

    7.10 
        Use
      of Proceeds.
      Use the
      proceeds of any Credit Extension, whether directly or indirectly, and whether
      immediately, incidentally or ultimately, to purchase or carry margin stock
      (within the meaning of Regulation U of the FRB) or to extend credit to others
      for the purpose of purchasing or carrying margin stock or to refund indebtedness
      originally incurred for such purpose.

    
      
        
        

      

      
        70

        
          

        

      

      
        
        

      

    

    7.11 
        Off-Balance
      Sheet Arrangements.
      Incur
      or permit to incur any Off-Balance Sheet Arrangements.

    

    7.12 
        Financial
      Covenants.

    

    (a)    Consolidated
      Net Worth.
      Permit
      Consolidated Net Worth at any time to be less than the sum of (i) $150,000,000,
      (ii) an amount equal to 25% of the Consolidated Net Income earned in each full
      fiscal quarter ending after December 31, 2005 (with no deduction for a net
      loss
      in any such fiscal quarter), less the aggregate writeoff of intangible assets
      constituting goodwill after the Closing Date to the extent reflected in
      accordance with GAAP on the financial statements of the Company delivered
      pursuant to Section
      6.01
      for
      fiscal periods ending after the Closing Date and (iii) an amount equal to 100%
      of the aggregate increases in Shareholders’ Equity after the date hereof by
      reason of the issuance and sale of Equity Interests of the Company or any
      Subsidiary (other than issuances to the Company or a wholly-owned Subsidiary),
      including upon any conversion of debt securities of the Company into such Equity
      Interests.

    

    (b)    Consolidated
      Interest Coverage Ratio.
      Permit
      the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter
      of
      the Company to be less than 1.50:1.00.

    

    (c)    Consolidated
      Leverage Ratio.
      Permit
      the Consolidated Leverage Ratio as of the end of any fiscal quarter of the
      Company to be greater than 3.00:1.00.

    

    ARTICLE
      VIII.

    EVENTS
      OF DEFAULT AND REMEDIES

    

    8.01 
        Events
      of Default.
      Any of
      the following shall constitute an Event of Default:

    

    (a)    Non-Payment.
      Any
      Borrower or any other Loan Party fails to pay (i) when and as required to
      be paid herein, and in the currency required hereunder, any amount of principal
      of any Loan or any L/C Obligation, or (ii) within three days after the same
      becomes due, any interest on any Loan or on any L/C Obligation, or any fee
      due
      hereunder, or (iii) within five days after the same becomes due, any other
      amount payable hereunder or under any other Loan Document; or

    

    (b)    Specific
      Covenants.
      The
      Company fails to perform or observe any term, covenant or agreement contained
      in
      any of Section
      6.01,
      6.02,
      6.03,
      6.05,
      6.10,
      6.11
      or
6.13
      or
Article
      VII;
      or

    

    (c)    Other
      Defaults.
      Any
      Loan Party fails to perform or observe any other covenant or agreement (not
      specified in subsection (a) or (b) above) contained in any Loan Document on
      its
      part to be performed or observed and such failure continues for 30 days after
      the earlier of the date of written notice by the Administrative Agent or any
      Lender or the date on which a Responsible Officer obtains knowledge of such
      default; or

    

    (d)    Representations
      and Warranties.
      Any
      representation, warranty, certification or statement of fact made or deemed
      made
      by or on behalf of the Company or any other Loan Party herein, in any other
      Loan
      Document, or in any document delivered in connection herewith or therewith
      shall
      be incorrect or misleading in any material respect when made or deemed made;
      or

    

    (e)    Cross-Default.
      (i) The
      Company or any Subsidiary (A) fails to make any payment when due (whether by
      scheduled maturity, required prepayment, acceleration, demand, or otherwise)
      in
      respect of any Indebtedness or Guarantee (other than Indebtedness hereunder
      and
      Indebtedness under Swap Contracts) having an aggregate principal

    
      
        
        

      

      
        71

        
          

        

      

      
        
        

      

    

    amount
      of
      more than $5,000,000, or (B) fails to observe or perform any other agreement
      or
      condition relating to any such Indebtedness or Guarantee or contained in any
      instrument or agreement evidencing, securing or relating thereto, or any other
      event occurs, the effect of which default or other event is to cause, or to
      permit the holder or holders of such Indebtedness or the beneficiary or
      beneficiaries of such Guarantee (or a trustee or agent on behalf of such holder
      or holders or beneficiary or beneficiaries) to cause, with the giving of notice
      if required, such Indebtedness to be demanded or to become due or to be
      repurchased, prepaid, defeased or redeemed (automatically or otherwise), or
      an
      offer to repurchase, prepay, defease or redeem such Indebtedness to be made,
      prior to its stated maturity, or such Guarantee to become payable or cash
      collateral in respect thereof to be demanded (except for due on sale clauses
      in
      Indebtedness permitted under Section
      7.03(g)
      to the
      extent triggered by a Disposition permitted under Section
      7.05);
      or
      (ii) there occurs under any Swap Contract an Early Termination Date (as defined
      in such Swap Contract) resulting from (A) any event of default under such Swap
      Contract as to which the Company or any Subsidiary is the Defaulting Party
      (as
      defined in such Swap Contract) or (B) any Termination Event (as so defined)
      under such Swap Contract as to which the Company or any Subsidiary is an
      Affected Party (as so defined) and, in either event, the Swap Termination Value
      owed by the Company or such Subsidiary as a result thereof is greater than
      $5,000,000; or

    

    (f)    Insolvency
      Proceedings, Etc.
      Any Loan
      Party or any of its Subsidiaries institutes or consents to the institution
      of
      any proceeding under any Debtor Relief Law, or makes an assignment for the
      benefit of creditors; or applies for or consents to the appointment of any
      receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar
      officer for it or for all or any material part of its property; or any receiver,
      trustee, custodian, conservator, liquidator, rehabilitator or similar officer
      is
      appointed without the application or consent of such Person and the appointment
      continues undischarged or unstayed for 60 calendar days; or any proceeding
      under
      any Debtor Relief Law relating to any such Person or to all or any material
      part
      of its property is instituted without the consent of such Person and continues
      undismissed or unstayed for 60 calendar days, or an order for relief is entered
      in any such proceeding; or

    

    (g)   Inability
      to Pay Debts; Attachment.
      (i) The
      Company or any Subsidiary becomes unable or admits in writing its inability
      or
      fails generally to pay its debts as they become due, or (ii) any writ or warrant
      of attachment or execution or similar process is issued or levied against all
      or
      any material part of the property of any such Person and is not released,
      vacated or fully bonded within 60 days after its issue or levy; or

    

    (h)   Judgments.
      There
      is entered against the Company or any Subsidiary (i) one or more final judgments
      or orders for the payment of money in an aggregate amount (as to all such
      judgments or orders) exceeding $10,000,000 (to the extent not covered by
      independent third-party insurance as to which the insurer does not dispute
      coverage or by independent third party indemnification as to which such third
      party admits liability), or (ii) any one or more non-monetary final judgments
      that have, or could reasonably be expected to have, individually or in the
      aggregate, a Material Adverse Effect and, in either case, there is a period
      of
      60 consecutive days during which a stay of enforcement of such judgment, by
      reason of a pending appeal or otherwise, is not in effect; or 

    

    (i)    ERISA.
      (i) An
      ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which
      has resulted or could reasonably be expected to result in liability of the
      Company under Title IV of ERISA to the Pension Plan, Multiemployer Plan or
      the PBGC in an aggregate amount in excess of $10,000,000, or (ii) the Company
      or
      any ERISA Affiliate fails to pay when due, after the expiration of any
      applicable grace period, any installment payment with respect to its withdrawal
      liability under Section 4201 of ERISA under a Multiemployer Plan in an aggregate
      amount in excess of $10,000,000; or

    
      
        
        

      

      
        72

        
          

        

      

      
        
        

      

    

    (j)    Invalidity
      of Loan Documents.
      Any
      material provision of any Loan Document, at any time after its execution and
      delivery and for any reason other than as expressly permitted hereunder or
      thereunder or satisfaction in full of all the Obligations, ceases to be in
      full
      force and effect; or any Loan Party contests in any manner the validity or
      enforceability of any provision of any Loan Document; or any Loan Party denies
      that it has any or further liability or obligation under any Loan Document,
      or
      purports to revoke, terminate or rescind any provision of any Loan Document;
      or

    

    (k)   Change
      of Control.
      There
      occurs any Change of Control.

    

    8.02
        Remedies
      Upon Event of Default.
      If any
      Event of Default occurs and is continuing, the Administrative Agent shall,
      at
      the request of, or may, with the consent of, the Required Lenders, take any
      or
      all of the following actions:

    

    (a)   declare
      the commitment of each Lender to make Loans and any obligation of the L/C Issuer
      to make L/C Credit Extensions to be terminated, whereupon such commitments
      and
      obligation shall be terminated; 

    

    (b)   declare
      the unpaid principal amount of all outstanding Loans, all interest accrued
      and
      unpaid thereon, and all other amounts owing or payable hereunder or under any
      other Loan Document to be immediately due and payable, without presentment,
      demand, protest or other notice of any kind, all of which are hereby expressly
      waived by the Borrowers; 

    

    (c)    require
      that the Company Cash Collateralize the L/C Obligations (in an amount equal
      to
      the then Outstanding Amount thereof); and

    

    (d)   exercise
      on behalf of itself, the Lenders and the L/C Issuer all rights and remedies
      available to it, the Lenders and the L/C Issuer under the Loan
      Documents;

    

    provided,
      however,
      that
      upon the occurrence of an actual or deemed entry of an order for relief with
      respect to any Borrower under the Bankruptcy Code of the United States, the
      obligation of each Lender to make Loans and any obligation of the L/C Issuer
      to
      make L/C Credit Extensions shall automatically terminate, the unpaid principal
      amount of all outstanding Loans and all interest and other amounts as aforesaid
      shall automatically become due and payable, and the obligation of the Company
      to
      Cash Collateralize the L/C Obligations as aforesaid shall automatically become
      effective, in each case without further act of the Administrative Agent or
      any
      Lender.

    

    8.03 
        Application
      of Funds.
      After
      the exercise of remedies provided for in Section
      8.02
      (or
      after the Loans have automatically become immediately due and payable and the
      L/C Obligations have automatically been required to be Cash Collateralized
      as
      set forth in the proviso to Section
      8.02),
      any
      amounts received on account of the Obligations shall be applied by the
      Administrative Agent in the following order:

    

    First,
      to
      payment of that portion of the Obligations constituting fees, indemnities,
      expenses and other amounts (including fees, charges and disbursements of counsel
      to the Administrative Agent and amounts payable under Article
      III)
      payable
      to the Administrative Agent in its capacity as such;

    

    Second,
      to
      payment of that portion of the Obligations constituting fees, indemnities and
      other amounts (other than principal, interest and Letter of Credit Fees) payable
      to the Lenders and the L/C Issuers (including fees, charges and disbursements
      of
      counsel to the respective Lenders and the L/C Issuers (including fees and time
      charges for attorneys who may be employees of any Lender or the L/C Issuer)
      and
      amounts payable under Article
      III),
      ratably among them in proportion to the respective amounts described in this
      clause Second
      payable
      to them;

    
      
        
        

      

      
        73

        
          

        

      

      
        
        

      

    

     

    Third,
      to
      payment of that portion of the Obligations constituting accrued and unpaid
      Letter of Credit Fees and interest on the Loans, L/C Borrowings and other
      Obligations, ratably among the Lenders and the L/C Issuers in proportion to
      the
      respective amounts described in this clause Third
      payable
      to them;

    

    Fourth,
      to
      payment of that portion of the Obligations constituting unpaid principal of
      the
      Loans and L/C Borrowings, ratably among the Lenders and the L/C Issuers in
      proportion to the respective amounts described in this clause Fourth
      held by
      them;

    

    Fifth,
      to the
      Administrative Agent for the account of each L/C Issuer, to Cash Collateralize
      that portion of L/C Obligations comprised of the aggregate undrawn amount of
      Letters of Credit;

    

    Sixth,
      to
      payment of Swap Termination Values and amounts owing under Related Treasury
      Management Arrangements, in each case to the extent owing to any Lender or
      any
      Affiliate of any Lender arising under Related Credit Arrangements that shall
      have been terminated and as to which the Administrative Agent shall have
      received notice of such termination and the Swap Termination Value thereof
      or
      the amount owing under the applicable Related Treasury Management Arrangement
      from the applicable Lender or Affiliate of a Lender, such payments under this
      clause Sixth
      to
      be
      allocated on a pro rata basis according to such amounts owed as to which the
      Administrative Agent has received such notice; and

    

    Last,
      the
      balance, if any, after all of the Obligations have been indefeasibly paid in
      full, to the Company or as otherwise required by Law.

    

    Subject
      to Section
      2.03(c),
      amounts
      used to Cash Collateralize the aggregate undrawn amount of Letters of Credit
      pursuant to clause Fifth
      above
      shall be applied to satisfy drawings under such Letters of Credit as they occur.
      If any amount remains on deposit as Cash Collateral after all Letters of Credit
      have either been fully drawn or expired, such remaining amount shall be applied
      to the other Obligations, if any, in the order set forth above.

    

    ARTICLE
      IX.

    ADMINISTRATIVE
      AGENT

    

    9.0
           Appointment
      and Authority.
      Each of
      the Lenders and the L/C Issuers hereby irrevocably appoints Bank of America
      to
      act on its behalf as the Administrative Agent hereunder and under the other
      Loan
      Documents and authorizes the Administrative Agent to take such actions on its
      behalf and to exercise such powers as are delegated to the Administrative Agent
      by the terms hereof or thereof, together with such actions and powers as are
      reasonably incidental thereto. The provisions of this Article are solely for
      the
      benefit of the Administrative Agent, the Lenders and the L/C Issuers, and no
      Borrower shall have rights as a third party beneficiary of any of such
      provisions.

    

    9.02 
        Rights
      as a Lender.
      The
      Person serving as the Administrative Agent hereunder shall have the same rights
      and powers in its capacity as a Lender as any other Lender and may exercise
      the
      same as though it were not the Administrative Agent and the term “Lender” or
“Lenders” shall, unless otherwise expressly indicated or unless the context
      otherwise requires, include the Person serving as the Administrative Agent
      hereunder in its individual capacity. Such Person and its Affiliates may accept
      deposits from, lend money to, act as the financial advisor or in any other
      advisory capacity for and generally engage in any kind of business with the
      Borrowers or any Subsidiary or other Affiliate thereof as if such Person were
      not the Administrative Agent hereunder and without any duty to account therefor
      to the Lenders.

    
      
        
        

      

      
        74

        
          

        

      

      
        
        

      

    

     

    9.03 
        Exculpatory
      Provisions.
      The
      Administrative Agent shall not have any duties or obligations except those
      expressly set forth herein and in the other Loan Documents. Without limiting
      the
      generality of the foregoing, the Administrative Agent:

    

    (a)    shall
      not
      be subject to any fiduciary or other implied duties, regardless of whether
      a
      Default has occurred and is continuing;

    

    (b)    shall
      not
      have any duty to take any discretionary action or exercise any discretionary
      powers, except discretionary rights and powers expressly contemplated hereby
      or
      by the other Loan Documents that the Administrative Agent is required to
      exercise as directed in writing by the Required Lenders (or such other number
      or
      percentage of the Lenders as shall be expressly provided for herein or in the
      other Loan Documents), provided
      that the
      Administrative Agent shall not be required to take any action that, in its
      opinion or the opinion of its counsel, may expose the Administrative Agent
      to
      liability or that is contrary to any Loan Document or applicable law;
      and

    

    (c)    shall
      not, except as expressly set forth herein and in the other Loan Documents,
      have
      any duty to disclose, and shall not be liable for the failure to disclose,
      any
      information relating to any of the Borrowers or any of their respective
      Affiliates that is communicated to or obtained by the Person serving as the
      Administrative Agent or any of its Affiliates in any capacity.

    

    The
      Administrative Agent shall not be liable for any action taken or not taken
      by it
      (i) with the consent or at the request of the Required Lenders (or such other
      number or percentage of the Lenders as shall be necessary, or as the
      Administrative Agent shall believe in good faith shall be necessary, under
      the
      circumstances as provided in Sections
      10.01(a)
      and
8.02)
      or (ii)
      in the absence of its own gross negligence or willful misconduct. The
      Administrative Agent shall be deemed not to have knowledge of any Default unless
      and until notice describing such Default is given to the Administrative Agent
      by
      the Company, a Lender or the L/C Issuer.

    

    The
      Administrative Agent shall not be responsible for or have any duty to ascertain
      or inquire into (i) any statement, warranty or representation made in or in
      connection with this Agreement or any other Loan Document, (ii) the contents
      of
      any certificate, report or other document delivered hereunder or thereunder
      or
      in connection herewith or therewith, (iii) the performance or observance of
      any of the covenants, agreements or other terms or conditions set forth herein
      or therein or the occurrence of any Default, (iv) the validity, enforceability,
      effectiveness or genuineness of this Agreement, any other Loan Document or
      any
      other agreement, instrument or document or (v) the satisfaction of any condition
      set forth in Article
      IV
      or
      elsewhere herein, other than to confirm receipt of items expressly required
      to
      be delivered to the Administrative Agent.

    

    9.04 
        Reliance
      by Administrative Agent.
      The
      Administrative Agent shall be entitled to rely upon, and shall not incur any
      liability for relying upon, any notice, request, certificate, consent,
      statement, instrument, document or other writing (including any electronic
      message, Internet or intranet website posting or other distribution) believed
      by
      it to be genuine and to have been signed, sent or otherwise authenticated by
      the
      proper Person. The Administrative Agent also may rely upon any statement made
      to
      it orally or by telephone and believed by it to have been made by the proper
      Person, and shall not incur any liability for relying thereon. In determining
      compliance with any condition hereunder to the making of a Loan, or the issuance
      of a Letter of Credit, that by its terms must be fulfilled to the satisfaction
      of a Lender or an L/C Issuer, the Administrative Agent may presume that such
      

    
      
        
        

      

      
        75

        
          

        

      

      
        
        

      

    

    condition
      is satisfactory to such Lender or such L/C Issuer unless the Administrative
      Agent shall have received notice to the contrary from such Lender or such L/C
      Issuer prior to the making of such Loan or the issuance of such Letter of
      Credit. The Administrative Agent may consult with legal counsel (who may be
      counsel for the Company), independent accountants and other experts selected
      by
      it, and shall not be liable for any action taken or not taken by it in
      accordance with the advice of any such counsel, accountants or
      experts.

    

    9.05 
        Delegation
      of Duties.
      The
      Administrative Agent may perform any and all of its duties and exercise its
      rights and powers hereunder or under any other Loan Document by or through
      any
      one or more sub-agents appointed by the Administrative Agent. The Administrative
      Agent and any such sub-agent may perform any and all of its duties and exercise
      its rights and powers by or through their respective Related Parties. The
      exculpatory provisions of this Article shall apply to any such sub-agent and
      to
      the Related Parties of the Administrative Agent and any such sub-agent, and
      shall apply to their respective activities in connection with the syndication
      of
      the credit facilities provided for herein as well as activities as
      Administrative Agent.

    

    9.06 
        Resignation
      of Administrative Agent.
      The
      Administrative Agent may at any time give notice of its resignation to the
      Lenders, the L/C Issuers and the Company. Upon receipt of any such notice of
      resignation, the Required Lenders shall have the right, in consultation with
      the
      Company, to appoint a successor, which shall be a bank with an office in the
      United States, or an Affiliate of any such bank with an office in the United
      States. If no such successor shall have been so appointed by the Required
      Lenders and shall have accepted such appointment within 30 days after the
      retiring Administrative Agent gives notice of its resignation, then the retiring
      Administrative Agent may on behalf of the Lenders and the L/C Issuers, appoint
      a
      successor Administrative Agent meeting the qualifications set forth above;
      provided
      that if
      the Administrative Agent shall notify the Company and the Lenders that no
      qualifying Person has accepted such appointment, then such resignation shall
      nonetheless become effective in accordance with such notice and (1) the
      retiring Administrative Agent shall be discharged from its duties and
      obligations hereunder and under the other Loan Documents (except that in the
      case of any collateral security held by the Administrative Agent on behalf
      of
      the Lenders or the L/C Issuers under any of the Loan Documents, the retiring
      Administrative Agent shall continue to hold such collateral security until
      such
      time as a successor Administrative Agent is appointed) and (2) all
      payments, communications and determinations provided to be made by, to or
      through the Administrative Agent shall instead be made by or to each Lender
      and
      each L/C Issuer directly, until such time as the Required Lenders appoint a
      successor Administrative Agent as provided for above in this Section. Upon
      the
      acceptance of a successor’s appointment as Administrative Agent hereunder, such
      successor shall succeed to and become vested with all of the rights, powers,
      privileges and duties of the retiring (or retired) Administrative Agent, and
      the
      retiring Administrative Agent shall be discharged from all of its duties and
      obligations hereunder or under the other Loan Documents (if not already
      discharged therefrom as provided above in this Section). The fees payable by
      the
      Company to a successor Administrative Agent shall be the same as those payable
      to its predecessor unless otherwise agreed between the Company and such
      successor. After the retiring Administrative Agent’s resignation hereunder and
      under the other Loan Documents, the provisions of this Article and Section 10.04
      shall
      continue in effect for the benefit of such retiring Administrative Agent, its
      sub-agents and their respective Related Parties in respect of any actions taken
      or omitted to be taken by any of them while the retiring Administrative Agent
      was acting as Administrative Agent.

    

    Any
      resignation by Bank of America as Administrative Agent pursuant to this Section
      shall also constitute its resignation as Swing Line Lender and L/C Issuer.
      Upon
      the acceptance of a successor’s appointment as Administrative Agent hereunder,
      (a) such successor shall succeed to and become vested with all of the rights,
      powers, privileges and duties of the retiring L/C Issuer and Swing Line Lender,
      (b) the retiring L/C Issuer and Swing Line Lender shall be discharged from
      all
      of their respective duties and obligations 

    
      
        
        

      

      
        76

        
          

        

      

      
        
        

      

    

    hereunder
      or under the other Loan Documents, and (c) the successor L/C Issuer shall issue
      letters of credit in substitution for the Letters of Credit, if any, outstanding
      at the time of such succession or make other arrangements satisfactory to the
      retiring L/C Issuer to effectively assume the obligations of the retiring L/C
      Issuer with respect to such Letters of Credit.

    

    9.07 
        Non-Reliance
      on Administrative Agent and Other Lenders.
      Each
      Lender and each L/C Issuer acknowledges that it has, independently and without
      reliance upon the Administrative Agent or any other Lender or any of their
      Related Parties and based on such documents and information as it has deemed
      appropriate, made its own credit analysis and decision to enter into this
      Agreement. Each Lender and each L/C Issuer also acknowledges that it will,
      independently and without reliance upon the Administrative Agent or any other
      Lender or any of their Related Parties and based on such documents and
      information as it shall from time to time deem appropriate, continue to make
      its
      own decisions in taking or not taking action under or based upon this Agreement,
      any other Loan Document or any related agreement or any document furnished
      hereunder or thereunder.

    

    9.08 
        No
      Other Duties, Etc.
      Anything herein to the contrary notwithstanding, none of the Book Managers,
      Arrangers or Syndication Agent listed on the cover page hereof shall have any
      powers, duties or responsibilities under this Agreement or any of the other
      Loan
      Documents, except in its capacity, as applicable, as the Administrative Agent,
      a
      Lender or an L/C Issuer hereunder.

    

    9.09
         Administrative
      Agent May File Proofs of Claim.
      In case
      of the pendency of any proceeding under any Debtor Relief Law or any other
      judicial proceeding relative to any Loan Party, the Administrative Agent
      (irrespective of whether the principal of any Loan or L/C Obligation shall
      then
      be due and payable as herein expressed or by declaration or otherwise and
      irrespective of whether the Administrative Agent shall have made any demand
      on
      any Borrower) shall be entitled and empowered, by intervention in such
      proceeding or otherwise

    

    (a)    to
      file
      and prove a claim for the whole amount of the principal and interest owing
      and
      unpaid in respect of the Loans, L/C Obligations and all other Obligations that
      are owing and unpaid and to file such other documents as may be necessary or
      advisable in order to have the claims of the Lenders, the L/C Issuers and the
      Administrative Agent (including any claim for the reasonable compensation,
      expenses, disbursements and advances of the Lenders, the L/C Issuers and the
      Administrative Agent and their respective agents and counsel and all other
      amounts due the Lenders, the L/C Issuers and the Administrative Agent under
      Sections
      2.03(i)
      and
(j),
      2.09
      and
10.04)
      allowed
      in such judicial proceeding; and

    

    (b)    to
      collect
      and receive any monies or other property payable or deliverable on any such
      claims and to distribute the same;

    

    and
      any
      custodian, receiver, assignee, trustee, liquidator, sequestrator or other
      similar official in any such judicial proceeding is hereby authorized by each
      Lender and each L/C Issuer to make such payments to the Administrative Agent
      and, in the event that the Administrative Agent shall consent to the making
      of
      such payments directly to the Lenders and the L/C Issuers, to pay to the
      Administrative Agent any amount due for the reasonable compensation, expenses,
      disbursements and advances of the Administrative Agent and its agents and
      counsel, and any other amounts due the Administrative Agent under Sections
      2.09
      and
10.04.

    

    Nothing
      contained herein shall be deemed to authorize the Administrative Agent to
      authorize or consent to or accept or adopt on behalf of any Lender or an L/C
      Issuer any plan of reorganization, arrangement, adjustment or composition
      affecting the Obligations or the rights of any Lender or an L/C Issuer to
      authorize the Administrative Agent to vote in respect of the claim of any Lender
      or an L/C Issuer in any such proceeding.

    
      
        
        

      

      
        77

        
          

        

      

      
        
        

      

    

     

    9.10 
        Collateral
      and Guaranty Matters.
      The
      Lenders and the L/C Issuers irrevocably authorize the Administrative Agent,
      at
      its option and in its discretion,

    

    (a)    to
      release any Lien on any property granted to or held by the Administrative Agent
      under any Loan Document (i) upon termination of the Aggregate Commitments and
      payment in full of all Obligations (other than contingent indemnification
      obligations and Related Credit Arrangements) and the expiration or termination
      of all Letters of Credit, (ii) that is sold or to be sold as part of or in
      connection with any sale permitted hereunder or under any other Loan Document,
      or (iii) subject to Section
      10.01(a),
      if
      approved, authorized or ratified in writing by the Required
      Lenders;

    

    (b)    to
      subordinate any Lien on any property granted to or held by the Administrative
      Agent under any Loan Document to the holder of any Lien on such property that
      is
      permitted by Section
      7.01(i);
      and

    

    (c)    to
      release any Subsidiary Guarantor from its obligations under the Guaranty and
      Collateral Agreement if such Person ceases to be a Subsidiary as a result of
      a
      transaction permitted hereunder.

    

    Upon
      request by the Administrative Agent at any time, the Required Lenders will
      confirm in writing the Administrative Agent’s authority to release or
      subordinate its interest in particular types or items of property, or to release
      any Subsidiary Guarantor from its obligations under the Guaranty and Collateral
      Agreement pursuant to this Section
      9.10.

    

    ARTICLE
      X.

    MISCELLANEOUS

    

    10.01  Amendments,
      Etc.
      (a) No
      amendment or waiver of any provision of this Agreement or any other Loan
      Document, and no consent to any departure by the Company or any other Loan
      Party
      therefrom, shall be effective unless in writing signed by the Required Lenders
      and the Company or the applicable Loan Party, as the case may be, and
      acknowledged by the Administrative Agent, and each such waiver or consent shall
      be effective only in the specific instance and for the specific purpose for
      which given; provided,
      however,
      that no
      such amendment, waiver or consent shall

    

    (i) 
          waive
      any
      condition set forth in Section
      4.01(a)
      without
      the written consent of each Lender;

    

    (ii)
          extend
      or
      increase the Commitment of any Lender (or reinstate any Commitment terminated
      pursuant to Section
      8.02)
      without
      the written consent of such Lender;

    

    (iii)    postpone
      any date fixed by this Agreement or any other Loan Document for any payment
      (excluding mandatory prepayments) of principal, interest, fees or other amounts
      due to the Lenders (or any of them) hereunder or under any other Loan Document
      without the written consent of each Lender directly affected
      thereby;

    

    (iv)    reduce
      the principal of, or the rate of interest specified herein on, any Loan or
      L/C
      Borrowing, or (subject to clause (iv) of the second proviso to this Section
      10.01(a))
      any
      fees or other amounts payable hereunder or under any other Loan Document without
      the written consent of each Lender directly affected thereby; ,
      

    
      
        
        

      

      
        78

        
          

        

      

      
        
        

      

    

    provided,
      however, that
      only
      the consent of the Required Lenders shall be necessary (i) to amend the
      definition of “Default Rate” or to waive any obligation of any Borrower to pay
      interest or Letter of Credit Fees at the Default Rate or (ii) to amend any
      financial covenant hereunder (or any defined term used therein) even if the
      effect of such amendment would be to reduce the rate of interest on any Loan
      or
      L/C Borrowing or to reduce any fee payable hereunder;

    

    (v)     change
      Section
      2.13
      or
Section
      8.03
      in a
      manner that would alter the pro rata sharing of payments required thereby
      without the written consent of each Lender;

    

    (vi)    amend
      Section 1.06
      or the
      definition of “Alternative Currency” without the written consent of each
      Lender;

    

    (vii)   change
      any provision of this Section or the definition of “Required Lenders” or any
      other provision hereof specifying the number or percentage of Lenders required
      to amend, waive or otherwise modify any rights hereunder or make any
      determination or grant any consent hereunder without the written consent of
      each
      Lender;

    

    (viii)  
        release
      the Company from the Guaranty and Collateral Agreement or all or substantially
      all of the Subsidiary Guarantors from the Guaranty and Collateral Agreement
      without the written consent of each Lender; or

    

    (ix)    release
      all or substantially all of the Collateral in any transaction or series of
      related transactions without the written consent of each Lender.

    

    and,
      provided further,
      that
      (i) no amendment, waiver or consent shall, unless in writing and signed by
      the
      L/C Issuer in addition to the Lenders required above, affect the rights or
      duties of the L/C Issuer under this Agreement or any Issuer Document relating
      to
      any Letter of Credit issued or to be issued by it; (ii) no amendment, waiver
      or
      consent shall, unless in writing and signed by the Swing Line Lender in addition
      to the Lenders required above, affect the rights or duties of the Swing Line
      Lender under this Agreement; (iii) no amendment, waiver or consent shall, unless
      in writing and signed by the Administrative Agent in addition to the Lenders
      required above, affect the rights or duties of the Administrative Agent under
      this Agreement or any other Loan Document; and (iv) the Fee Letter may be
      amended, or rights or privileges thereunder waived, in a writing executed only
      by the parties thereto. Notwithstanding anything to the contrary herein, no
      Defaulting Lender shall have any right to approve or disapprove any amendment,
      waiver or consent hereunder, except that the Commitment of such Lender may
      not
      be increased or extended without the consent of such Lender.

    

    (b)   If,
      in
      connection with any proposed change, waiver, discharge or termination of or
      to
      any of the provisions of this Agreement as contemplated by clauses (i)
      through
(ix),
      inclusive, of Section
      10.01(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 Company
      shall have the right, so long as all non-consenting Lenders whose individual
      consent is required are treated as described in either clause (i) or (ii) below,
      to either:

    

    (i) 
          replace
      each such non-consenting Lender or Lenders with one or more assignees pursuant
      to, and with the effect of an assignment under, Section
      10.13
      so long
      as at the time of such replacement, each such assignee consents to the proposed
      change, waiver, discharge or termination; or

    
      
        
        

      

      
        79

        
          

        

      

      
        
        

      

    

    (ii)
          terminate
      such non-consenting Lender’s Commitment (if such Lender’s consent is required as
      a result of its Commitment) and/or repay the outstanding Loans and L/C Advances
      of such Lender that gave rise to the need to obtain such Lender’s consent, and
      pay all accrued interest, fees and other amounts through the date of such
      termination and/or repayment; provided that, unless the Commitments that are
      terminated and Loans and L/C Advances that are repaid are immediately replaced
      in full at such time through the addition of new Lenders or the increase of
      the
      Commitments and/or outstanding Loans of existing Lenders (who in each case
      must
      specifically consent thereto), then the Required Lenders (determined after
      giving effect to the proposed action) shall specifically consent
      thereto.

    

    Any
      such
      replacement or termination transaction described above shall be effective on
      the
      date notice is given of the relevant transaction and shall have a settlement
      date no earlier than five Business Days and no later than 90 days after the
      relevant transaction. Notwithstanding the foregoing, with respect to the Lender
      that is acting as the Administrative Agent, the Company shall not have the
      right
      to replace such Lender, terminate its Commitment or repay its Loans pursuant
      to
      this paragraph as a result of such Lender’s refusal to consent to any waiver,
      amendment or modification that would affect its rights and duties in its
      capacity as Administrative Agent.

    

    10.02  Notices;
      Effectiveness; Electronic Communication

    

    (a)    Notices
      Generally.
      Except
      in the case of notices and other communications expressly permitted to be given
      by telephone (and except as provided in subsection (b) below), all notices
      and
      other communications provided for herein shall be in writing and shall be
      delivered by hand or overnight courier service, mailed by certified or
      registered mail or sent by telecopier as follows, and all notices and other
      communications expressly permitted hereunder to be given by telephone shall
      be
      made to the applicable telephone number, as follows:

    

    (i) 
          if
      to a
      Borrower, the Administrative Agent, an L/C Issuer or the Swing Line Lender,
      to
      the address, telecopier number, electronic mail address or telephone number
      specified for such Person on Schedule
      10.02;
      and

    

    (ii)
          if
      to any
      other Lender, to the address, telecopier number, electronic mail address or
      telephone number specified in its Administrative Questionnaire.

    

    Notices
      sent by hand or overnight courier service, or mailed by certified or registered
      mail, shall be deemed to have been given when received; notices sent by
      telecopier shall be deemed to have been given when sent (except that, if not
      given during normal business hours for the recipient, shall be deemed to have
      been given at the opening of business on the next business day for the
      recipient). Notices delivered through electronic communications to the extent
      provided in subsection (b) below, shall be effective as provided in such
      subsection (b).

    

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

    
      
        
        

      

      
        80

        
          

        

      

      
        
        

      

    

    Unless
      the Administrative Agent otherwise prescribes, (i) notices and other
      communications sent to an e-mail address shall be deemed received upon the
      sender’s receipt of an acknowledgement from the intended recipient (such as by
      the “return receipt requested” function, as available, return e-mail or other
      written acknowledgement), provided
      that if
      such notice or other communication is not sent during the normal business hours
      of the recipient, such notice or communication shall be deemed to have been
      sent
      at the opening of business on the next business day for the recipient, and
      (ii) notices or communications posted to an Internet or intranet website
      shall be deemed received upon the deemed receipt by the intended recipient
      at
      its e-mail address as described in the foregoing clause (i) of notification
      that such notice or communication is available and identifying the website
      address therefor.

    

    (c)    The
      Platform.
      THE
      PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED
      BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS
      OR
      THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN
      OR
      OMISSIONS FROM THE BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED
      OR STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A
      PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM
      VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH
      THE
      BORROWER MATERIALS OR THE PLATFORM. In no event shall the Administrative Agent
      or any of its Related Parties (collectively, the “Agent
      Parties”)
      have
      any liability to any Borrower, any Lender, the L/C Issuer or any other Person
      for losses, claims, damages, liabilities or expenses of any kind (whether in
      tort, contract or otherwise) arising out of any Borrower’s or the Administrative
      Agent’s transmission of Borrower Materials through the Internet, except to the
      extent that such losses, claims, damages, liabilities or expenses are determined
      by a court of competent jurisdiction by a final and nonappealable judgment
      to
      have resulted from the gross negligence or willful misconduct of such Agent
      Party; provided,
      however,
      that in
      no event shall any Agent Party have any liability to any Borrower, any Lender,
      any L/C Issuer or any other Person for indirect, special, incidental,
      consequential or punitive damages (as opposed to direct or actual
      damages).

    

    (d)    Change
      of Address, Etc.
      Each of
      the Borrowers, the Administrative Agent, the L/C Issuers and the Swing Line
      Lender may change its address, telecopier or telephone number for notices and
      other communications hereunder by notice to the other parties hereto. Each
      other
      Lender may change its address, telecopier or telephone number for notices and
      other communications hereunder by notice to the Company, the Administrative
      Agent, the L/C Issuers and the Swing Line Lender. In addition, each Lender
      agrees to notify the Administrative Agent from time to time to ensure that
      the
      Administrative Agent has on record (i) an effective address, contact name,
      telephone number, telecopier number and electronic mail address to which notices
      and other communications may be sent and (ii) accurate wire instructions for
      such Lender.

    

    (e)    Reliance
      by Administrative Agent, L/C Issuers and Lenders. The
      Administrative Agent, the L/C Issuer and the Lenders shall be entitled to rely
      and act upon any notices (including telephonic Committed Loan Notices and Swing
      Line Loan Notices) purportedly given by or on behalf of any Borrower even if
      (i)
      such notices were not made in a manner specified herein, were incomplete or
      were
      not preceded or followed by any other form of notice specified herein, or (ii)
      the terms thereof, as understood by the recipient, varied from any confirmation
      thereof. The Company shall indemnify the Administrative Agent, each L/C Issuer,
      each Lender and the Related Parties of each of them from all losses, costs,
      expenses and liabilities resulting from the reliance by such Person on each
      notice purportedly given by or on behalf of any Borrower. All telephonic notices
      to and other telephonic communications with the Administrative Agent may be
      recorded by the Administrative Agent, and each of the parties hereto hereby
      consents to such recording.

    
      
        
        

      

      
        81

        
          

        

      

      
        
        

      

    

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

    

    10.04  Expenses;
      Indemnity; Damage Waiver.

    

    (a)    Costs
      and Expenses.
      The
      Company shall pay (i) all reasonable out-of-pocket expenses incurred by the
      Administrative Agent and its Affiliates (including the reasonable fees, charges
      and disbursements of counsel for the Administrative Agent), in connection with
      the syndication of the credit facilities provided for herein, the preparation,
      negotiation, execution, delivery and administration of this Agreement and the
      other Loan Documents or any amendments, modifications or waivers of the
      provisions hereof or thereof (whether or not the transactions contemplated
      hereby or thereby shall be consummated), (ii) all reasonable out-of-pocket
      expenses incurred by each L/C Issuer in connection with the issuance, amendment,
      renewal or extension of any Letter of Credit or any demand for payment
      thereunder and (iii) all out-of-pocket expenses incurred by the
      Administrative Agent, any Lender or any L/C Issuer (including the reasonable
      fees, charges and disbursements of any counsel for the Administrative Agent,
      any
      Lender or any L/C Issuer), and, without duplication, shall pay all reasonable
      fees and time charges for attorneys who may be employees of the Administrative
      Agent, any Lender or any L/C Issuer, in connection with the enforcement or
      protection of its rights (A) in connection with this Agreement and the
      other Loan Documents, including its rights under this Section, or (B) in
      connection with the Loans made or Letters of Credit issued hereunder, including
      all such out-of-pocket expenses incurred during any workout, restructuring
      or
      negotiations in respect of such Loans or Letters of Credit.

    

    (b)    Indemnification
      by the Company.
      The
      Company shall indemnify the Administrative Agent (and any sub-agent thereof),
      each Lender and each L/C Issuer, and each Related Party of any of the foregoing
      Persons (each such Person being called an “Indemnitee”)
      against, and hold each Indemnitee harmless from, any and all losses, claims,
      damages, liabilities and related expenses (including the reasonable fees,
      charges and disbursements of any counsel for any Indemnitee), and shall
      indemnify and hold harmless each Indemnitee from all reasonable fees and time
      charges and disbursements for attorneys who may be employees of any Indemnitee,
      incurred by any Indemnitee or asserted against any Indemnitee by any third
      party
      or by any Borrower or any other Loan Party arising out of, in connection with,
      or as a result of (i) the execution or delivery of this Agreement, any other
      Loan Document or any agreement or instrument contemplated hereby or thereby,
      the
      performance by the parties hereto of their respective obligations hereunder
      or
      thereunder, the consummation of the transactions contemplated hereby or thereby,
      or, in the case of the Administrative Agent (and any sub-agent thereof) and
      its
      Related Parties only, the administration of this Agreement and the other Loan
      Documents, (ii) any Loan or Letter of Credit or the use or proposed use of
      the proceeds therefrom (including any refusal by such L/C Issuer to honor a
      demand for payment under a Letter of Credit if the documents presented in
      connection with such demand do not strictly comply with the terms of such Letter
      of Credit), (iii) any actual or alleged presence or release of Hazardous
      Materials on or from any property owned or operated by any Borrower or any
      of
      its Subsidiaries, or any Environmental Liability related in any way to any
      Borrower or any of its Subsidiaries, or (iv) any actual or prospective
      claim, litigation, investigation or proceeding relating to any of the foregoing,
      whether based on contract, tort or any other theory, whether brought by a third
      party or by the Company or any other Loan Party, and regardless of whether
      any
      Indemnitee is a party thereto; provided
      that
      such indemnity shall not, as to any Indemnitee, be available to the extent
      that
      such losses, claims, damages, liabilities or related expenses (x) result
      from the gross negligence or willful misconduct of such Indemnitee, as
      determined by a court of competent jurisdiction by final and nonappealable
      judgment or (y) result from a claim 

    
      
        
        

      

      
        82

        
          

        

      

      
        
        

      

    

    brought
      by the Company or any other Loan Party against an Indemnitee for breach of
      such
      Indemnitee’s obligations hereunder or under any other Loan Document, if the
      Company or such other Loan Party has obtained a final and nonappealable judgment
      in its favor on such claim as determined by a court of competent
      jurisdiction.

    

    (c)    Reimbursement
      by Lenders.
      To the
      extent that the Company for any reason fails to indefeasibly pay any amount
      required under subsection (a) or (b) of this Section to be paid by it
      to the Administrative Agent (or any sub-agent thereof), any L/C Issuer or any
      Related Party of any of the foregoing, each Lender severally agrees to pay
      to
      the Administrative Agent (or any such sub-agent), such L/C Issuer or such
      Related Party, as the case may be, such Lender’s Applicable Percentage
      (determined as of the time that the applicable unreimbursed expense or indemnity
      payment is sought) of such unpaid amount, provided
      that the
      unreimbursed expense or indemnified loss, claim, damage, liability or related
      expense, as the case may be, was incurred by or asserted against the
      Administrative Agent (or any such sub-agent) or such L/C Issuer in its capacity
      as such, or against any Related Party of any of the foregoing acting for the
      Administrative Agent (or any such sub-agent) or such L/C Issuer in connection
      with such capacity. The obligations of the Lenders under this
      subsection (c) are subject to the provisions of Section 2.12(d).

    

    (d)    Waiver
      of Consequential Damages, Etc.
      To the
      fullest extent permitted by applicable law, no Borrower shall assert, and hereby
      waives, any claim against any Indemnitee, on any theory of liability, for
      special, indirect, consequential or punitive damages (as opposed to direct
      or
      actual damages) arising out of, in connection with, or as a result of, this
      Agreement, any other Loan Document or any agreement or instrument contemplated
      hereby, the transactions contemplated hereby or thereby, any Loan or Letter
      of
      Credit or the use of the proceeds thereof. No Indemnitee referred to in
      subsection (b) above shall be liable for any damages arising from the use by
      unintended recipients of any information or other materials distributed to
      such
      unintended recipients by such Indemnitee through telecommunications, electronic
      or other information transmission systems in connection with this Agreement
      or
      the other Loan Documents or the transactions contemplated hereby or thereby
      other than for direct or actual damages resulting from the gross negligence
      or
      willful misconduct of such Indemnitee as determined by a final and nonappealable
      judgment of a court of competent jurisdiction.

    

    (e)    Payments.
      All
      amounts due under this Section shall be payable not later than ten Business
      Days
      after demand therefor.

    

    (f)    Survival.
      The
      agreements in this Section shall survive the resignation of the Administrative
      Agent, any L/C Issuer and the Swing Line Lender, the replacement of any Lender,
      the termination of the Aggregate Commitments and the repayment, satisfaction
      or
      discharge of all the other Obligations.

    

    10.05  Payments
      Set Aside.
      To the
      extent that any payment by or on behalf of any Borrower is made to the
      Administrative Agent, any L/C Issuer or any Lender, or the Administrative Agent,
      any L/C Issuer or any Lender exercises its right of setoff, and such payment
      or
      the proceeds of such setoff or any part thereof is subsequently invalidated,
      declared to be fraudulent or preferential, set aside or required (including
      pursuant to any settlement entered into by the Administrative Agent, such L/C
      Issuer or such Lender in its discretion) to be repaid to a trustee, receiver
      or
      any other party, in connection with any proceeding under any Debtor Relief
      Law
      or otherwise, then (a) to the extent of such recovery, the obligation or part
      thereof originally intended to be satisfied shall be revived and continued
      in
      full force and effect as if such payment had not been made or such setoff had
      not occurred, and (b) each Lender and each L/C Issuer severally agrees to pay
      to
      the Administrative Agent upon demand its applicable share (without duplication)
      of any amount so recovered from or repaid by the Administrative Agent, plus
      interest thereon from the date of such demand to the date such payment is made
      at a rate per annum equal to the applicable 

    
      
        
        

      

      
        83

        
          

        

      

      
        
        

      

    

    Overnight
      Rate from time to time in effect, in the applicable currency of such recovery
      or
      payment. The obligations of the Lenders and the L/C Issuer under clause (b)
      of
      the preceding sentence shall survive the payment in full of the Obligations
      and
      the termination of this Agreement.

    

    10.06  Successors
      and Assigns.

    

    (a)    Successors
      and Assigns Generally.
      The
      provisions of this Agreement shall be binding upon and inure to the benefit
      of
      the parties hereto and their respective successors and assigns permitted hereby,
      except that no Borrower may assign or otherwise transfer any of its rights
      or
      obligations hereunder without the prior written consent of the Administrative
      Agent and each Lender (except for transactions permitted by Section
      7.04)
      and no
      Lender may assign or otherwise transfer any of its rights or obligations
      hereunder except (i) to an assignee in accordance with the provisions of
      subsection (b) of this Section, (ii) by way of participation in accordance
      with
      the provisions of subsection (d) of this Section, or (iii) by way of pledge
      or
      assignment of a security interest subject to the restrictions of subsection
      (f)
      of this Section (and any other attempted assignment or transfer by any party
      hereto shall be null and void). Nothing in this Agreement, expressed or implied,
      shall be construed to confer upon any Person (other than the parties hereto,
      their respective successors and assigns permitted hereby, Participants to the
      extent provided in subsection (d) of this Section and, to the extent expressly
      contemplated hereby, the Related Parties of each of the Administrative Agent,
      the L/C Issuers and the Lenders) any legal or equitable right, remedy or claim
      under or by reason of this Agreement.

    

    (b)   Assignments
      by Lenders.
      Any
      Lender may at any time assign to one or more assignees all or a portion of
      its
      rights and obligations under this Agreement (including all or a portion of
      its
      Commitment and the Loans (including for purposes of this subsection (b),
      participations in L/C Obligations and in Swing Line Loans) at the time owing
      to
      it); provided
      that any
      such assignment shall be subject to the following conditions:

    

     (i)
           Minimum
      Amounts.

    

    (A)    in
      the
      case of an assignment of the entire remaining amount of the assigning Lender’s
      Commitment and the Loans at the time owing to it or in the case of an assignment
      to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount
      need be assigned; and

    

    (B)    in
      any
      case not described in subsection (b)(i)(A) of this Section, the aggregate amount
      of the Commitment (which for this purpose includes Loans outstanding thereunder)
      or, if the Commitment is not then in effect, the principal outstanding balance
      of the Loans of the assigning Lender subject to each such assignment, determined
      as of the date the Assignment and Assumption with respect to such assignment
      is
      delivered to the Administrative Agent or, if “Trade Date” is specified in the
      Assignment and Assumption, as of the Trade Date, shall not be less than
      $5,000,000 unless
      each of the Administrative Agent and, so long as no Event of Default has
      occurred and is continuing, the Company otherwise consents (each such consent
      not to be unreasonably withheld or delayed); provided,
      however,
      that
      concurrent assignments to members of an Assignee Group and concurrent
      assignments from members of an Assignee Group to a single assignee (or to an
      assignee and members of its Assignee Group) will be treated as a single
      assignment for purposes of determining whether such minimum amount has been
      met.

    

     (ii) 
        Proportionate
      Amounts.
      Each
      partial assignment shall be made as an assignment of a proportionate part of
      all
      the assigning Lender’s rights and obligations under this Agreement with respect
      to the Loans or the Commitment assigned, except that this clause (ii) shall
      not
      apply to the Swing Line Lender’s rights and obligations in respect of Swing Line
      Loans;

    
      
        
        

      

      
        84

        
          

        

      

      
        
        

      

    

     (iii)
            
Required
      Consents.
      No
      consent shall be required for any assignment except to the extent required
      by
      subsection (b)(i)(B) of this Section and, in addition:

    

    (A)    the
      consent of the Company (such consent not to be unreasonably withheld or delayed)
      shall be required unless (1) an Event of Default has occurred and is continuing
      at the time of such assignment or (2) such assignment is to a Lender, an
      Affiliate of a Lender or an Approved Fund;

    

    (B)    the
      consent of the Administrative Agent (such consent not to be unreasonably
      withheld or delayed) shall be required if such assignment is to a Person that
      is
      not a Lender, an Affiliate of such Lender or an Approved Fund with respect
      to
      such Lender;

    

    (C)    the
      consent of the L/C Issuer (such consent not to be unreasonably withheld or
      delayed) shall be required for any assignment that increases the obligation
      of
      the assignee to participate in exposure under one or more Letters of Credit
      (whether or not then outstanding); and

    

    (D)    the
      consent of the Swing Line Lender (such consent not to be unreasonably withheld
      or delayed) shall be required for any assignment.

    

     (iv)
         Assignment
      and Assumption.
      The
      parties to each assignment shall execute and deliver to the Administrative
      Agent
      an Assignment and Assumption, together with a processing and recordation fee
      of
      $2,500; provided,
      however,
      that
      the Administrative Agent may, in its sole discretion, elect to waive such
      processing and recordation fee in the case of any assignment. The assignee,
      if
      it is not a Lender, shall deliver to the Administrative Agent an Administrative
      Questionnaire.

    

     (v)
           No
      Assignment to Company.
      No such
      assignment shall be made to the Company or any of the Company’s Affiliates or
      Subsidiaries.

    

     (vi)    
No
      Assignment to Natural Persons.
      No such
      assignment shall be made to a natural person.

    

     (vii)   No
      Assignment Resulting in Additional Indemnified Taxes.
      No such
      assignment shall be made to any Person that, through its Lending Offices, is
      not
      capable of lending the applicable Alternative Currencies to the relevant
      Borrowers without the imposition of any additional Indemnified
      Taxes.

    

    Subject
      to acceptance and recording thereof by the Administrative Agent pursuant to
      subsection (c) of this Section, from and after the effective date specified
      in
      each Assignment and Assumption, the assignee thereunder shall be a party to
      this
      Agreement and, to the extent of the interest assigned by such Assignment and
      Assumption, have the rights and obligations of a Lender under this Agreement,
      and the assigning Lender thereunder shall, to the extent of the interest
      assigned by such Assignment and Assumption, be released from its obligations
      under this Agreement (and, in the case of an Assignment and Assumption covering
      all of the assigning Lender’s rights and obligations under this Agreement, such
      Lender shall cease to be a party hereto) but shall continue to be entitled
      to
      the benefits of Sections
      3.01,
      3.04,
      3.05,
      and
10.04
      with
      respect to facts and circumstances occurring prior to the effective date of
      such
      assignment. Upon request, each Borrower (at its expense) shall execute and
      deliver a Note to the assignee Lender. Any assignment or transfer by a Lender
      of

    
      
        
        

      

      
        85

        
          

        

      

      
        
        

      

    

    rights
      or
      obligations under this Agreement that does not comply with this subsection
      shall
      be treated for purposes of this Agreement as a sale by such Lender of a
      participation in such rights and obligations in accordance with subsection
      (d)
      of this Section.

    

    (c)    Register.
      The
      Administrative Agent, acting solely for this purpose as an agent of the
      Borrowers, shall maintain at the Administrative Agent’s Office a copy of each
      Assignment and Assumption delivered to it and a register for the recordation
      of
      the names and addresses of the Lenders, and the Commitments of, and principal
      amounts of the Loans and L/C Obligations owing to, each Lender pursuant to
      the
      terms hereof from time to time (the “Register”).
      The
      entries in the Register shall be conclusive, and the Borrowers, the
      Administrative Agent and the Lenders may treat each Person whose name is
      recorded in the Register pursuant to the terms hereof as a Lender hereunder
      for
      all purposes of this Agreement, notwithstanding notice to the contrary. The
      Register shall be available for inspection by the Borrowers and any Lender,
      at
      any reasonable time and from time to time upon reasonable prior
      notice.

    

    (d)    Participations.
      Any
      Lender may at any time, without the consent of, or notice to, any Borrower
      or
      the Administrative Agent, sell participations to any Person (other than a
      natural person or the Company or any of the Company’s Affiliates or
      Subsidiaries) (each, a “Participant”)
      in all
      or a portion of such Lender’s rights and/or obligations under this Agreement
      (including all or a portion of its Commitment and/or the Loans (including such
      Lender’s participations in L/C Obligations and/or Swing Line Loans) owing to
      it); provided
      that
      (i) such Lender’s obligations under this Agreement shall remain unchanged,
      (ii) such Lender shall remain solely responsible to the other parties
      hereto for the performance of such obligations and (iii) the Borrowers, the
      Administrative Agent, the Lenders and the L/C Issuer shall continue to deal
      solely and directly with such Lender in connection with such Lender’s rights and
      obligations under this Agreement.

    

    Any
      agreement or instrument pursuant to which a Lender sells such a participation
      shall provide that such Lender shall retain the sole right to enforce this
      Agreement and to approve any amendment, modification or waiver of any provision
      of this Agreement; provided
      that
      such agreement or instrument may provide that such Lender will not, without
      the
      consent of the Participant, agree to any amendment, waiver or other modification
      described in the first proviso to Section
      10.01(a)
      that
      affects such Participant. Subject to subsection (e) of this Section, each
      Borrower agrees that each Participant shall be entitled to the benefits of
      Sections
      3.01,
      3.04
      and
3.05 to
      the
      same extent as if it were a Lender and had acquired its interest by assignment
      pursuant to subsection (b) of this Section. To the extent permitted by law,
      each
      Participant also shall be entitled to the benefits of Section 10.08 as
      though
      it were a Lender, provided
      such
      Participant agrees to be subject to Section
      2.13
      as
      though it were a Lender.

    

    (e)    Limitations
      upon Participant Rights.
      A
      Participant shall not be entitled to receive any greater payment under
Section
      3.01
      or
3.04 than
      the
      applicable Lender would have been entitled to receive with respect to the
      participation sold to such Participant, unless the sale of the participation
      to
      such Participant is made with the Company’s prior written consent. A Participant
      that would be a Foreign Lender if it were a Lender shall not be entitled to
      the
      benefits of Section 3.01
      unless
      the Company is notified of the participation sold to such Participant and such
      Participant agrees, for the benefit of the Borrowers, to comply with
Section
      3.01(e)
      as
      though it were a Lender.

    

    (f)    Certain
      Pledges.
      Any
      Lender may at any time pledge or assign a security interest in all or any
      portion of its rights under this Agreement (including under its Note(s), if
      any)
      to secure obligations of such Lender, including any pledge or assignment to
      secure obligations to a Federal Reserve Bank; provided
      that no
      such pledge or assignment shall release such Lender from any of its obligations
      hereunder or substitute any such pledgee or assignee for such Lender as a party
      hereto.

    

    (g)    Electronic
      Execution of Assignments.
      The
      words “execution,” “signed,” “signature,” and words of like import in any
      Assignment and Assumption shall be deemed to include electronic signatures
      or
      the keeping of records in electronic form, each of which shall be of the same
      legal effect, validity or enforceability as a manually executed signature

    
      
        
        

      

      
        86

        
          

        

      

      
        
        

      

    

    orthe
      use
      of a paper-based recordkeeping system, as the case may be, to the extent and
      as
      provided for in any applicable law, including the Federal Electronic Signatures
      in Global and National Commerce Act, the New York State Electronic Signatures
      and Records Act, or any other similar state laws based on the Uniform Electronic
      Transactions Act.

    

    (h)    Resignation
      as L/C Issuer or Swing Line Lender after Assignment.
      Notwithstanding anything to the contrary contained herein, if at any time Bank
      of America assigns all of its Commitment and Loans pursuant to subsection (b)
      above, Bank of America may, (i) upon 30 days’ notice to the Company and the
      Lenders, resign as an L/C Issuer and/or (ii) upon 30 days’ notice to the
      Company, resign as Swing Line Lender. In the event of any such resignation
      as
      L/C Issuer or Swing Line Lender, the Company shall be entitled to appoint from
      among the Lenders a successor L/C Issuer or Swing Line Lender hereunder;
provided,
      however,
      that no
      failure by the Company to appoint any such successor shall affect the
      resignation of Bank of America as L/C Issuer or Swing Line Lender, as the case
      may be. If Bank of America resigns as L/C Issuer, it shall retain all the
      rights, powers, privileges and duties of the L/C Issuer hereunder with respect
      to all Letters of Credit outstanding as of the effective date of its resignation
      as L/C Issuer and all L/C Obligations with respect thereto (including the right
      to require the Lenders to make Base Rate Committed Loans or fund risk
      participations in Unreimbursed Amounts pursuant to Section
      2.03(c)).
      If
      Bank of America resigns as Swing Line Lender, it shall retain all the rights
      of
      the Swing Line Lender provided for hereunder with respect to Swing Line Loans
      made by it and outstanding as of the effective date of such resignation,
      including the right to require the Lenders to make Base Rate Committed Loans
      or
      fund risk participations in outstanding Swing Line Loans pursuant to
Section
      2.04(c).
      Upon
      the appointment of a successor L/C Issuer and/or Swing Line Lender, (a) such
      successor shall succeed to and become vested with all of the rights, powers,
      privileges and duties of the retiring L/C Issuer or Swing Line Lender, as the
      case may be, and (b) the successor L/C Issuer shall issue letters of credit
      in
      substitution for the Letters of Credit, if any, outstanding at the time of
      such
      succession or make other arrangements satisfactory to Bank of America to
      effectively assume the obligations of Bank of America with respect to such
      Letters of Credit.

    

    10.07  Treatment
      of Certain Information; Confidentiality.
      Each of
      the Administrative Agent, the Lenders and the L/C Issuers agrees to maintain
      the
      confidentiality of the Information (as defined below), except that Information
      may be disclosed (a) to its Affiliates and to its and its Affiliates’ respective
      partners, directors, officers, employees, agents, advisors and representatives
      (it being understood that the Persons to whom such disclosure is made will
      be
      informed of the confidential nature of such Information and instructed to keep
      such Information confidential), (b) to the extent requested by any regulatory
      authority purporting to have jurisdiction over it (including any self-regulatory
      authority, such as the National Association of Insurance Commissioners), (c)
      to
      the extent required by applicable laws or regulations or by any subpoena or
      similar legal process, (d) to any other party hereto (subject to the
      restrictions set forth in the last paragraph of Section
      6.02),
      (e) in
      connection with the exercise of any remedies hereunder or under any other Loan
      Document or any action or proceeding relating to this Agreement or any other
      Loan Document or the enforcement of rights hereunder or thereunder, (f) subject
      to an agreement containing provisions substantially the same as those of this
      Section, to (i) any assignee of or Participant in, or any prospective assignee
      of or Participant in, any of its rights or obligations under this Agreement
      or
      (ii) any actual or prospective counterparty (or its advisors) to any swap or
      derivative transaction relating to a Borrower and its obligations, (g) with
      the
      consent of the Company or (h) to the extent such Information (x) becomes
      publicly available other than as a result of a breach of this Section or (y)
      becomes available to the Administrative Agent, any Lender, any L/C Issuer or
      any
      of their respective Affiliates on a nonconfidential basis from a source other
      than the Company that does not owe a duty of confidentiality to the
      Company.

    
      
        
        

      

      
        87

        
          

        

      

      
        
        

      

    

    For
      purposes of this Section, “Information”
means
      all information received from the Company or any Subsidiary relating to the
      Company or any Subsidiary or any of their respective businesses, other than
      any
      such information that is available to the Administrative Agent, any Lender
      or
      any L/C Issuer on a nonconfidential basis prior to disclosure by the Company
      or
      any Subsidiary, provided
      that, in
      the case of information received from the Company or any Subsidiary 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, but in no event less care than the degree
      of
      care that would be maintained by a reasonable person.

    

    Each
      of
      the Administrative Agent, the Lenders and the L/C Issuers acknowledges that
      (a)
      the Information may include material non-public information concerning the
      Company or a Subsidiary, as the case may be, (b) it has developed compliance
      procedures regarding the use of material non-public information and (c) it
      will
      handle such material non-public information in accordance with applicable Law,
      including Federal and state securities Laws.

    

    10.08  Right
      of Setoff. If
      an
      Event of Default shall have occurred and be continuing, each Lender, each L/C
      Issuer and each of their respective Affiliates is hereby authorized at any
      time
      and from time to time, to the fullest extent permitted by applicable law, to
      set
      off and apply any and all deposits (general or special, time or demand,
      provisional or final, in whatever currency) at any time held and other
      obligations (in whatever currency) at any time owing by such Lender, such L/C
      Issuer or any such Affiliate to or for the credit or the account of any Borrower
      against any and all of the obligations of such Borrower now or hereafter
      existing under this Agreement or any other Loan Document due and payable to
      such
      Lender or L/C Issuer, irrespective of whether or not such Lender or L/C Issuer
      shall have made any demand under this Agreement or any other Loan Document
      and
      although such obligations of such Borrower are owed to a branch or office of
      such Lender or L/C Issuer different from the branch or office holding such
      deposit or obligated on such indebtedness. The rights of each Lender, each
      L/C
      Issuer and their respective Affiliates under this Section are in addition to
      other rights and remedies (including other rights of setoff) that such Lender,
      such L/C Issuer or their respective Affiliates may have. Each Lender and each
      L/C Issuer agrees to notify the Company and the Administrative Agent promptly
      after any such setoff and application, provided
      that the
      failure to give such notice shall not affect the validity of such setoff and
      application.

    

    10.09  Interest
      Rate Limitation.
      Notwithstanding anything to the contrary contained in any Loan Document, the
      interest paid or agreed to be paid under the Loan Documents shall not exceed
      the
      maximum rate of non-usurious interest permitted by applicable Law (the
“Maximum
      Rate”).
      If
      the Administrative Agent or any Lender shall receive interest in an amount
      that
      exceeds the Maximum Rate, the excess interest shall be applied to the principal
      of the Loans or, if it exceeds such unpaid principal, refunded to the Company.
      In determining whether the interest contracted for, charged, or received by
      the
      Administrative Agent or a Lender exceeds the Maximum Rate, such Person may,
      to
      the extent permitted by applicable Law, (a) characterize any payment that is
      not
      principal as an expense, fee, or premium rather than interest, (b) exclude
      voluntary prepayments and the effects thereof, and (c) amortize, prorate,
      allocate, and spread in equal or unequal parts the total amount of interest
      throughout the contemplated term of the Obligations hereunder.

    

    10.10  Counterparts;
      Integration; Effectiveness.
      This
      Agreement may be executed in counterparts (and by different parties hereto
      in
      different counterparts), each of which shall constitute an original, but all
      of
      which when taken together shall constitute a single contract. This Agreement
      and
      the other Loan Documents constitute the entire contract among the parties
      relating to the subject matter hereof and supersede any and all previous
      agreements and understandings, oral or written, relating to the subject matter
      hereof. Except as 

    
      
        
        

      

      
        88

        
          

        

      

      
        
        

      

    

    provided
      in Section
      4.01,
      this
      Agreement shall become effective when it shall have been executed by the
      Administrative Agent and when the Administrative Agent shall have received
      counterparts hereof that, when taken together, bear the signatures of each
      of
      the other parties hereto. Delivery of an executed counterpart of a signature
      page of this Agreement by telecopy shall be effective as delivery of a manually
      executed counterpart of this Agreement.

    

    10.11  Survival
      of Representations and Warranties. All
      representations and warranties made hereunder and in any other Loan Document
      or
      other document delivered pursuant hereto or thereto or in connection herewith
      or
      therewith shall survive the execution and delivery hereof and thereof. Such
      representations and warranties have been or will be relied upon by the
      Administrative Agent and each Lender, regardless of any investigation made
      by
      the Administrative Agent or any Lender or on their behalf and notwithstanding
      that the Administrative Agent or any Lender may have had notice or knowledge
      of
      any Default at the time of any Credit Extension, and shall continue in full
      force and effect as long as any Loan or any other Obligation hereunder shall
      remain unpaid or unsatisfied or any Letter of Credit shall remain
      outstanding.

    

    10.12  Severability.
      If any
      provision of this Agreement or the other Loan Documents is held to be illegal,
      invalid or unenforceable, (a) the legality, validity and enforceability of
      the
      remaining provisions of this Agreement and the other Loan Documents shall not
      be
      affected or impaired thereby and (b) the parties shall endeavor in good faith
      negotiations to replace the illegal, invalid or unenforceable provisions with
      valid provisions the economic effect of which comes as close as possible to
      that
      of the illegal, invalid or unenforceable provisions. The invalidity of a
      provision in a particular jurisdiction shall not invalidate or render
      unenforceable such provision in any other jurisdiction.

    

    10.13  Replacement
      of Lenders. If
      any
      Lender requests compensation under Section
      3.04,
      or if
      any Borrower is required to pay any additional amount to any Lender or any
      Governmental Authority for the account of any Lender pursuant to Section
      3.01,
      then
      the Company may, at its sole expense and effort, upon notice to such Lender
      and
      the Administrative Agent, require such Lender to assign and delegate, without
      recourse (in accordance with and subject to the restrictions contained in,
      and
      consents required by, Section
      10.06),
      all of
      its interests, rights and obligations under this Agreement and the related
      Loan
      Documents to an assignee that shall assume such obligations (which assignee
      may
      be another Lender, if a Lender accepts such assignment), provided
      that:

    

    (a)    the
      Company shall have paid (or caused a Designated Subsidiary to pay) to the
      Administrative Agent the assignment fee specified in Section
      10.06(b);

    

    (b)    such
      Lender shall have received payment of an amount equal to the outstanding
      principal of its Loans and L/C Advances, accrued interest thereon, accrued
      fees
      and all other amounts payable to it hereunder and under the other Loan Documents
      (including any amounts under Section
      3.05)
      from
      the assignee (to the extent of such outstanding principal and accrued interest
      and fees) or the Company or applicable Designated Subsidiary (in the case of
      all
      other amounts);

    

    (c)
   in
      the
      case of any such assignment resulting from a claim for compensation under
Section
      3.04
      or
      payments required to be made pursuant to Section
      3.01,
      such
      assignment will result in a reduction in such compensation or payments
      thereafter; and

    

    (d)    such
      assignment does not conflict with applicable Laws.

    

    A
      Lender
      shall not be required to make any such assignment or delegation if, prior
      thereto, as a result of a waiver by such Lender or otherwise, the circumstances
      entitling the Company to require such assignment and delegation cease to
      apply.

    
      
        
        

      

      
        89

        
          

        

      

      
        
        

      

    

    10.14  Governing
      Law; Jurisdiction; Etc.

    

    (a)    GOVERNING
      LAW.
      THIS
      AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF
      THE
      STATE OF NEW YORK.

    

    (b)    SUBMISSION
      TO JURISDICTION.
      EACH
      BORROWER IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY,
      TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING
      IN NEW YORK COUNTY
      AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK,
      AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING
      OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR
      RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO
      IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH
      ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT
      OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT.
      EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION
      OR
      PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY
      SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS
      AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE
      ADMINISTRATIVE AGENT, ANY LENDER OR THE L/C ISSUER MAY OTHERWISE HAVE TO BRING
      ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT
      AGAINST ANY BORROWER OR ITS PROPERTIES IN THE COURTS OF ANY
      JURISDICTION.

    

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

    

    (d)    SERVICE
      OF PROCESS.
      EACH
      PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED
      FOR NOTICES IN SECTION 10.02.
      NOTHING
      IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS
      IN
      ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

    

    10.15  Waiver
      of Jury Trial. EACH
      PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
      APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING
      DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY
      OTHER
      LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED
      ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES
      THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED,
      EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF
      LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT
      IT AND THE OTHER 

    
      
        
        

      

      
        90

        
          

        

      

      
        
        

      

    

    PARTIES
      HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN
      DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN
      THIS
      SECTION.

    

    10.16  No
      Advisory or Fiduciary Responsibility. In
      connection with all aspects of each transaction contemplated hereby, each
      Borrower acknowledges and agrees that: (i) the credit facility provided for
      hereunder and any related arranging or other services in connection therewith
      (including in connection with any amendment, waiver or other modification hereof
      or of any other Loan Document) are an arm’s-length commercial transaction
      between the Borrowers on the one hand, and the Administrative Agent and the
      Arrangers, on the other hand, and the Borrowers are capable of evaluating and
      understanding and understand and accept the terms, risks and conditions of
      the
      transactions contemplated hereby and by the other Loan Documents (including
      any
      amendment, waiver or other modification hereof or thereof); (ii) in connection
      with the process leading to such transaction, the Administrative Agent and
      the
      Arrangers each is and has been acting solely as a principal and is not the
      financial advisor, agent or fiduciary, for any of the Borrower or any of their
      respective Affiliates, stockholders, creditors or employees or any other Person;
      (iii) neither the Administrative Agent nor the Arrangers has assumed or will
      assume an advisory, agency or fiduciary responsibility in favor of any Borrower
      with respect to any of the transactions contemplated hereby or the process
      leading thereto, including with respect to any amendment, waiver or other
      modification hereof or of any other Loan Document (irrespective of whether
      the
      Administrative Agent or the Arrangers has advised or is currently advising
      any
      of the Borrowers or their respective Affiliates on other matters) and neither
      the Administrative Agent nor the Arrangers has any obligation to any of the
      Borrowers or their respective Affiliates with respect to the transactions
      contemplated hereby except those obligations expressly set forth herein and
      in
      the other Loan Documents; (iv) the Administrative Agent and the Arrangers and
      their respective Affiliates may be engaged in a broad range of transactions
      that
      involve interests that differ from those of the Borrowers and their respective
      Affiliates, and neither the Administrative Agent nor the Arrangers has any
      obligation to disclose any of such interests by virtue of any advisory, agency
      or fiduciary relationship; and (v) the Administrative Agent and the Arrangers
      have not provided and will not provide any legal, accounting, regulatory or
      tax
      advice with respect to any of the transactions contemplated hereby (including
      any amendment, waiver or other modification hereof or of any other Loan
      Document) and each Borrower has consulted its own legal, accounting, regulatory
      and tax advisors to the extent it has deemed appropriate. Each Borrower hereby
      waives and releases, to the fullest extent permitted by law, any claims that
      it
      may have against the Administrative Agent and the Arrangers with respect to
      any
      breach or alleged breach of agency or fiduciary duty.

    

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

    

    10.18  Judgment
      Currency.
      If, for
      the purposes of obtaining judgment in any court, it is necessary to convert
      a
      sum due hereunder or any other Loan Document in one currency into another
      currency, the rate of exchange used shall be that at which in accordance with
      normal banking procedures the Administrative Agent could purchase the first
      currency with such other currency on the Business Day preceding that on which
      final judgment is given. The obligation of each Borrower in respect of any
      such
      sum due from it to the Administrative Agent or the Lenders hereunder or under
      the other Loan Documents shall, notwithstanding any judgment in a currency
      (the
“Judgment
      Currency”)
      other
      than that in which such sum is denominated in accordance with the applicable
      provisions of this Agreement (the “Agreement
      Currency”),
      be
      discharged only to the extent that on the Business 

    
      
        
        

      

      
        91

        
          

        

      

      
        
        

      

    

    Day
      following receipt by the Administrative Agent of any sum adjudged to be so
      due
      in the Judgment Currency, the Administrative Agent may in accordance with normal
      banking procedures purchase the Agreement Currency with the Judgment Currency.
      If the amount of the Agreement Currency so purchased is less than the sum
      originally due to the Administrative Agent from any Borrower in the Agreement
      Currency, such Borrower agrees, as a separate obligation and notwithstanding
      any
      such judgment, to indemnify the Administrative Agent or the Person to whom
      such
      obligation was owing against such loss. If the amount of the Agreement Currency
      so purchased is greater than the sum originally due to the Administrative Agent
      in such currency, the Administrative Agent agrees to return the amount of any
      excess to such Borrower (or to any other Person who may be entitled thereto
      under applicable law).

    

     

    

    
      
        
          

        

        
        

      

      
        92

        
          

        

      

      
        
        

        
          

        

      

    

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

     

                               

    
      	
              AFTERMARKET
                TECHNOLOGY
                CORP.

               

              By: /s/
                Todd R. Peters                              

            
	
              Name: Todd
                R. Peters

            
	
              Title: Vice
                President and Chief
                Financial Officer

            

    

    

    

     

    
      	
              
                BANK
                  OF AMERICA, N.A.,
                  as
                  

                Administrative
                  Agent

              

               

              By: /s/
                Suzanne M. Paul                               

            
	
              Name: Suzanne
                M. Paul

            
	
              Title: Vice
                President

            

    

    

    

     

    
      	
              BANK
                OF AMERICA, N.A.,
                as
                a Lender, Swing Line 

              Lender
                and an L/C Issuer

               

              By: /s/
                Chris Buckner                                

            
	
              Name: Chris
                Buckner

            
	
              Title: Senior
                Vice President

            

    

    

    

     

    
      	
              JPMORGAN
                CHASE BANK,
                N.A.,
                as a Lender, an 

              L/C
                Issuer and Syndication Agent

               

              By: /s/
                Anthony Maggiore                               

            
	
              Name: Anthony
                Maggiore

            
	
              Title: Senior
                Vice President

            

    

    

    

     

    
      	
              CHARTER
                ONE BANK, N.A.,
                as a Lender and 

              Co-Documentation
                Agent

               

              By: /s/
                Stephanie Epkins                               

            
	
              Name: Stephanie
                Epkins

            
	
              Title: Vice
                President

            

    

    

    
      
        
        

      

      
        93

        
          

        

      

      
        
        

      

    

     

    
      	
              WELLS
                FARGO BANK, N.A.,
                as a Lender and Co-Documentation Agent

               

              By: /s/
                Steven Nickas                                

            
	
              Name: Steven
                Nickas

            
	
              Title: Vice
                President

            

    

    

    

     

    
      	
              U.S.
                BANK NATIONAL
                ASSOCIATION,
                as a Lender

               

              By: /s/
                Matthew J. Schulz                              

            
	
              Name: Matthew
                J. Schulz

            
	
              Title: Vice
                President

            

    

    

    

     

    
      	
              LASALLE
                BANK NATIONAL
                ASSOCIATION,
                as a Lender

               

              By: /s/
                James J. Hess                                

            
	
              Name: James
                J. Hess

            
	
              Title: Senior
                Vice President

            

    

    

    

     

    
      	
              DEUTSCHE
                BANK AG, NEW YORK
                BRANCH,
                as a Lender

               

              By: /s/
                Susan LeFevre                               

            
	
              Name: Susan
                LeFevre

            
	
              Title: Director

            
	
               

               

              By: /s/
                Lana Gifas                                  

            
	
              Name: Lana
                Gifas

            
	
              Title: Vice
                President

            

    

    

    

     

    
      	
              THE
                NORTHERN TRUST COMPANY,
                as a Lender

               

              By: /s/
                Cory Schuster                                

            
	
              Name: Cory
                Schuster

            
	
              Title: Officer

            

    

    

    
      
        
        

      

      
        94

        
          

        

      

      
        
        

      

    

    

     

    
      	
              THE
                BANK OF NOVA SCOTIA,
                as a Lender

               

              By: /s/
                N. Bell                                    

            
	
              Name: N.
                Bell

            
	
              Title: Senior
                Manager

            

    

    

    

     

    
      	
              CITICORP
                USA, INC.,
                as a Lender

               

              By: /s/
                Carrie Stead                                  

            
	
              Name: Carrie
                Stead

            
	
              Title: Vice
                President

            

    

    

    
      
        
        

      

      
        95Exhibit 10.2 to ATC 10-Q 04-26-06

    

      EXHIBIT
        10.2

      

      
        

        

      

       

       

      

      

      

      GUARANTY
        AND COLLATERAL AGREEMENT

      

      

      made
        by

      

      

      AFTERMARKET
        TECHNOLOGY CORP.

      

      

      and
        certain of its Subsidiaries

      

      

      in
        favor
        of

      

      

      BANK
        OF
        AMERICA, N.A.,

      as
        Administrative Agent

      

      

      

      Dated
        as
        of March 21, 2006

      

      

       

      

      
        	 

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      TABLE
        OF CONTENTS

      

                                                                                              Page

      
        	
                SECTION
                  1.

              	
                DEFINED
                  TERMS

              	
                1

              
	
                1.1

              	
                Definitions

              	
                1

              
	
                1.2

              	
                Other
                  Definitional Provisions

              	
                4

              
	 	 	 
	
                SECTION
                  2.

              	
                GUARANTEE

              	
                5

              
	
                2.1

              	
                Guarantee

              	
                5

              
	
                2.2

              	
                Right
                  of Contribution

              	
                5

              
	
                2.3

              	
                No
                  Subrogation

              	
                6

              
	
                2.4

              	
                Amendments,
                  etc. with respect to the Obligations

              	
                6

              
	
                2.5

              	
                Subordination

              	
                7

              
	
                2.6

              	
                Guarantee
                  Absolute and Unconditional

              	
                7

              
	
                2.7

              	
                Reinstatement

              	
                8

              
	
                2.8

              	
                Payments

              	
                8

              
	 	 	 
	
                SECTION
                  3.

              	
                GRANT
                  OF SECURITY INTEREST

              	
                8

              
	 	 	 
	
                SECTION
                  4.

              	
                REPRESENTATIONS
                  AND WARRANTIES

              	
                9

              
	
                4.1

              	
                Representations
                  in Credit Agreement

              	
                9

              
	
                4.2

              	
                Title;
                  No Other Liens

              	
                10

              
	
                4.3

              	
                Perfected
                  First Priority Liens

              	
                10

              
	
                4.4

              	
                Jurisdiction
                  of Organization; Chief Executive Office

              	
                10

              
	
                4.5

              	
                Inventory
                  and Equipment

              	
                11

              
	
                4.6

              	
                Farm
                  Products

              	
                11

              
	
                4.7

              	
                Investment
                  Property

              	
                11

              
	
                4.8

              	
                Receivables

              	
                11

              
	
                4.9

              	
                Intellectual
                  Property

              	
                11

              
	
                4.10

              	
                Commercial
                  Tort Claims

              	
                12

              
	 	 	 
	
                SECTION
                  5.

              	
                COVENANTS

              	
                12

              
	
                5.1

              	
                Covenants
                  in Credit Agreement

              	
                12

              
	
                5.2

              	
                Delivery
                  of Instruments, Certificated Securities and Chattel Paper

              	
                12

              
	
                5.3

              	
                Maintenance
                  of Insurance

              	
                13

              
	
                5.4

              	
                Payment
                  of Obligations

              	
                13

              
	
                5.5

              	
                Maintenance
                  of Perfected Security Interest; Further Documentation

              	
                13

              
	
                5.6

              	
                Changes
                  in Locations, Name, etc

              	
                14

              
	
                5.7

              	
                Notices

              	
                14

              
	
                5.8

              	
                Investment
                  Property

              	
                15

              
	
                5.9

              	
                Receivables

              	
                16

              
	
                5.10

              	
                Intellectual
                  Property

              	
                16

              
	 	 	 
	
                SECTION
                  6.

              	
                REMEDIAL
                  PROVISIONS

              	
                17

              
	
                6.1

              	
                Certain
                  Matters Relating to Receivables

              	
                17

              
	
                6.2

              	
                Communications
                  with Obligors; Domestic Loan Parties Remain Liable

              	
                18

              
	
                6.3

              	
                Pledged
                  Stock

              	
                19

              

      

      
        
          
          

        

        
          i

          
            

          

        

        
          
          

        

      

      TABLE
        OF CONTENTS

      (continued)

      

                                                                                                              Page

      
        	
                6.4

              	
                Proceeds
                  to be Turned Over To Agent

              	
                20

              
	
                6.5

              	
                Application
                  of Proceeds

              	
                20

              
	
                6.6

              	
                Code
                  and Other Remedies

              	
                20

              
	
                6.7

              	
                Registration
                  Rights

              	
                21

              
	
                6.8

              	
                Deficiency

              	
                22

              
	 	 	 
	
                SECTION
                  7.

              	
                THE
                  ADMINISTRATIVE AGENT

              	
                22

              
	
                7.1

              	
                Agent’s
                  Appointment as Attorney-in-Fact, etc

              	
                22

              
	
                7.2

              	
                Duty
                  of the Administrative Agent

              	
                24

              
	
                7.3

              	
                Execution
                  of Financing Statements

              	
                24

              
	
                7.4

              	
                Authority
                  of the Administrative Agent

              	
                24

              
	
                 

              	
                 

              	 
	
                SECTION
                  8.

              	
                MISCELLANEOUS

              	
                25

              
	
                8.1

              	
                Amendments
                  in Writing

              	
                25

              
	
                8.2

              	
                Notices

              	
                25

              
	
                8.3

              	
                No
                  Waiver by Course of Conduct; Cumulative Remedies

              	
                25

              
	
                8.4

              	
                Enforcement
                  Expenses; Indemnification

              	
                25

              
	
                8.5

              	
                Successors
                  and Assigns

              	
                26

              
	
                8.6

              	
                Set-Off

              	
                26

              
	
                8.7

              	
                Foreign
                  Currency

              	
                26

              
	
                8.8

              	
                Counterparts

              	
                27

              
	
                8.9

              	
                Severability

              	
                27

              
	
                8.10

              	
                Section
                  Headings

              	
                27

              
	
                8.11

              	
                Integration

              	
                27

              
	
                8.12

              	
                GOVERNING
                  LAW

              	
                27

              
	
                8.13

              	
                Submission
                  To Jurisdiction; Waivers

              	
                27

              
	
                8.14

              	
                Acknowledgements

              	
                28

              
	
                8.15

              	
                WAIVER
                  OF JURY TRIAL

              	
                28

              
	
                8.16

              	
                Additional
                  Domestic Loan Parties

              	
                28

              
	
                8.17

              	
                Releases

              	
                28

              

      

      

      

      
        	
                SCHEDULES

              
	
                Schedule
                  1 

              	
                Notice
                  Addresses

              
	
                Schedule
                  2 

              	
                Investment
                  Property

              
	
                Schedule
                  3 

              	
                Perfection
                  Matters

              
	
                Schedule
                  4 

              	
                Jurisdictions
                  of Organization and Chief Executive Offices

              
	
                Schedule
                  5 

              	
                Inventory
                  and Equipment Locations

              
	
                Schedule
                  6 

              	
                Intellectual
                  Property

              
	
                Schedule
                  7 

              	
                Existing
                  Lien

              
	
                Schedule
                  8 

              	
                Commercial
                  Tort Claims

              

      

      

      
        
          
          

        

        
          ii

          
            

          

        

        
          
          

        

      

      GUARANTY
        AND COLLATERAL AGREEMENT

      

          GUARANTY
        AND
        COLLATERAL AGREEMENT, dated as of March 21, 2006, made by each of the
        signatories hereto (together with any other entity that may become a party
        hereto as provided herein, the “Domestic
        Loan Parties”),
        in
        favor of Bank of America, N.A., as Administrative Agent (in such capacity,
        the
“Administrative
        Agent”)
        for
        the banks and other financial institutions (the “Lenders”)
        from
        time to time parties to the Credit Agreement, dated as of March 21, 2006
        (as
        amended, supplemented or otherwise modified from time to time, the “Credit
        Agreement”),
        among
        Aftermarket Technology Corp., a Delaware corporation (the “Company”),
        certain Subsidiaries of the Company party thereto (each a “Designated
        Borrower”
and,
        together with the Company, the “Borrowers”
and,
        each a “Borrower”),
        each
        lender from time to time party thereto (collectively, the “Lenders”
and
        individually, a “Lender”),
        Bank
        of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer,
        and
        JPMorgan Chase Bank, N.A., as Syndication Agent and L/C Issuer.

      

      W
        I T
        N E S S E T H:

      

          WHEREAS,
        pursuant to the Credit Agreement, the Lenders have severally agreed to make
        extensions of credit to the Borrowers upon the terms and subject to the
        conditions set forth therein;

      

          WHEREAS,
        the
        Company and the Designated Borrowers are members of an affiliated group of
        companies that includes each other Domestic Loan Party;

      

          WHEREAS,
        the
        proceeds of the extensions of credit under the Credit Agreement will be used
        in
        part to enable the Borrowers to make valuable transfers to one or more of
        the
        other Domestic Loan Parties in connection with the operation of their respective
        businesses;

      

          WHEREAS,
        the
        Borrowers and the other Domestic Loan Parties are engaged in related businesses,
        and each Domestic Loan Party will derive substantial direct and indirect
        benefit
        from the making of the extensions of credit under the Credit Agreement; and
        

      

          WHEREAS,
        it
        is a condition precedent to the obligation of the Lenders to make their
        respective extensions of credit to the Borrowers under the Credit Agreement
        that
        the Domestic Loan Parties shall have executed and delivered this Agreement
        to
        the Administrative Agent for the ratable benefit of the Lenders;

      

          NOW,
        THEREFORE, in consideration of the premises and to induce the Administrative
        Agent and the Lenders to enter into the Credit Agreement and to induce the
        Lenders to make their respective extensions of credit to the Borrowers
        thereunder, each Domestic Loan Party hereby agrees with the Administrative
        Agent, for the ratable benefit of the Lenders, as follows:

      

      SECTION
        1. DEFINED
        TERMS

      

      1.1   Definitions.
        (a) Unless otherwise defined herein, terms defined in the Credit Agreement
        and
        used herein shall have the meanings given to them in the Credit Agreement,
        and
        the following terms are used herein as defined in the New York UCC: Accounts,
        Certificated Security, Commercial Tort Claims, Chattel Paper, Deposit Accounts,
        Documents, Equipment, Farm Products, Fixtures, Instruments, Inventory, Letter
        of
        Credit Rights, Securities Accounts and Supporting Obligations.

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

      
        	 	
                (b)
                  

              	
                The
                  following terms shall have the following
                  meanings:

              

      

      

      “Agreement”:
        this
        Guaranty and Collateral Agreement, as the same may be amended, supplemented
        or
        otherwise modified from time to time.

      

      “Collateral”:
        as
        defined in Section 3.

      

      “Collateral
        Account”:
        any
        collateral account established by the Administrative Agent as provided in
        Section 6.1 or 6.4.

      

      “Copyrights”:
        (i)
        all copyrights arising under the laws of the United States, any other country
        or
        any political subdivision thereof, whether registered or unregistered and
        whether published or unpublished (including, without limitation, those listed
        in
Schedule 6),
        all
        registrations and recordings thereof, and all applications in connection
        therewith, including, without limitation, all registrations, recordings and
        applications in the United States Copyright Office, and (ii) the right to
        obtain
        all renewals thereof.

      

      “Copyright
        Licenses”:
        any
        written agreement naming any Domestic Loan Party as licensor or licensee
        (including, without limitation, those listed in Schedule
        6),
        granting any right under any Copyright, including, without limitation, the
        grant
        of rights to manufacture, distribute, exploit and sell materials derived
        from
        any Copyright.

      

      “Foreign
        Subsidiary”:
        any
        Subsidiary organized under the laws of any jurisdiction outside the United
        States of America.

      

      “Foreign
        Subsidiary Voting Stock”:
        the
        voting Capital Stock of any Foreign Subsidiary.

      

      “General
        Intangibles”:
        all
“general intangibles” as such term is defined in Section 9-102(a)(42) of the
        Uniform Commercial Code in effect in the State of New York on the date hereof
        and, in any event, including, without limitation, with respect to any Domestic
        Loan Party, all contracts, agreements, instruments and indentures in any
        form,
        and portions thereof, to which such Domestic Loan Party is a party or under
        which such Domestic Loan Party has any right, title or interest or to which
        such
        Domestic Loan Party or any property of such Domestic Loan Party is subject,
        as
        the same may from time to time be amended, supplemented or otherwise modified,
        including, without limitation, (i) all rights of such Domestic Loan Party
        to
        receive moneys due and to become due to it thereunder or in connection
        therewith, (ii) all rights of such Domestic Loan Party to damages arising
        thereunder and (iii) all rights of such Domestic Loan Party to perform and
        to
        exercise all remedies thereunder, in each case to the extent the grant by
        such
        Domestic Loan Party of a security interest pursuant to this Agreement in
        its
        right, title and interest in such contract, agreement, instrument or indenture
        is not prohibited by such contract, agreement, instrument or indenture without
        the consent of any other party thereto, would not give any other party to
        such
        contract, agreement, instrument or indenture the right to terminate its
        obligations thereunder, or is permitted with consent if all necessary consents
        to such grant of a security interest  have been
        obtained

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      from
        the
        other parties thereto (it being understood that the foregoing shall not be
        deemed to obligate such Domestic Loan Party to obtain such consents);
provided,
        that
        the foregoing limitation shall not affect, limit, restrict or impair the
        grant
        by such Domestic Loan Party of a security interest pursuant to this Agreement
        in
        any Receivable or any money or other amounts due or to become due under any
        such
        contract, agreement, instrument or indenture.

      

      “Intellectual
        Property”:
        the
        collective reference to all rights, priorities and privileges relating to
        intellectual property, whether arising under United States, multinational
        or
        foreign laws or otherwise, including, without limitation, the Copyrights,
        the
        Copyright Licenses, the Patents, the Patent Licenses, the Trademarks and
        the
        Trademark Licenses, and all rights to sue at law or in equity for any
        infringement or other impairment thereof, including the right to receive
        all
        proceeds and damages therefrom.

      

      “Intercompany
        Note”:
        any
        promissory note evidencing loans made by any Domestic Loan Party to the Company
        or any of its Subsidiaries.

      

      “Investment
        Property”:
        the
        collective reference to (a) all “investment property” as such term is defined in
        Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary
        Voting Stock excluded from the definition of “Pledged Stock”) and (b) whether or
        not constituting “investment property” as so defined, all Pledged Notes and all
        Pledged Stock.

      

      “Issuers”:
        the
        collective reference to each issuer of any Investment Property.

      

      “New
        York UCC”:
        the
        Uniform Commercial Code as from time to time in effect in the State of New
        York.

      

      “Non-Control
        Accounts”:
        means
        all Deposit Accounts (other than payroll accounts and zero balance accounts)
        and
        Securities Accounts of the Domestic Loan Parties over which the Administrative
        Agent does not have “control” (within the meaning of the applicable Uniform
        Commercial Code).

      

      “Obligations”:
        as
        defined in the Credit Agreement.

      

      “Patents”:
        (i)
        all letters patent of the United States, any other country or any political
        subdivision thereof, all reissues and extensions thereof and all goodwill
        associated therewith, including, without limitation, any of the foregoing
        referred to in Schedule
        6,
        (ii)
        all applications for letters patent of the United States or any other country
        and all divisions, continuations and continuations-in-part thereof, including,
        without limitation, any of the foregoing referred to in Schedule
        6,
        and
        (iii) all rights to obtain any reissues or extensions of the
        foregoing.

      

      “Patent
        License”:
        all
        agreements, whether written or oral, providing for the grant by or to any
        Domestic Loan Party of any right to manufacture, use or sell any invention
        covered in whole or in part by a Patent, including, without limitation, any
        of
        the foregoing referred to in Schedule
        6.

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      

      “Pledged
        Notes”:
        all
        promissory notes listed on Schedule
        2,
        all
        Intercompany Notes at any time issued to any Domestic Loan Party and all
        other
        promissory notes issued to or held by any Domestic Loan Party (other than
        promissory notes issued in connection with extensions of trade credit by
        any
        Domestic Loan Party in the ordinary course of business).

      

      “Pledged
        Stock”:
        the
        shares of Capital Stock listed on Schedule
        2,
        together with any other shares, stock certificates, options, interests or
        rights
        of any nature whatsoever in respect of the Capital Stock of any Person that
        may
        be issued or granted to, or held by, any Domestic Loan Party while this
        Agreement is in effect; provided
        that in
        no event shall more than 65% of the total outstanding Foreign Subsidiary
        Voting
        Stock of any Foreign Subsidiary be required to be pledged
        hereunder.

      

      “Proceeds”:
        all
“proceeds” as such term is defined in Section 9-102(a)(64) of the New York UCC
        and, in any event, shall include, without limitation, all dividends or other
        income from the Investment Property, collections thereon or distributions
        or
        payments with respect thereto.

      

      “Receivable”:
        any
        right to payment for goods sold or leased or for services rendered, whether
        or
        not such right is evidenced by an Instrument or Chattel Paper and whether
        or not
        it has been earned by performance (including, without limitation, any
        Account).

      

      “Securities
        Act”:
        the
        Securities Act of 1933, as amended.

      

      “Trademarks”:
        (i)
        all trademarks, trade names, corporate names, company names, business names,
        fictitious business names, trade styles, service marks, domain names, logos
        and
        other source or business identifiers, and all goodwill associated therewith,
        now
        existing or hereafter adopted or acquired, all registrations and recordings
        thereof, and all applications in connection therewith, whether in the United
        States Patent and Trademark Office or in any similar office or agency of
        the
        United States, any State thereof or any other country or any political
        subdivision thereof, or otherwise, and all common-law rights related thereto,
        including, without limitation, any of the foregoing referred to in Schedule
        6,
        and
        (ii) the right to obtain all renewals thereof.

      

      “Trademark
        License”:
        any
        agreement, whether written or oral, providing for the grant by or to any
        Domestic Loan Party of any right to use any Trademark, including, without
        limitation, any of the foregoing referred to in Schedule
        6.

      

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

       

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

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

               (c)  Where
        the
        context requires, terms relating to the Collateral or any part thereof, when
        used in relation to a Domestic Loan Party, shall refer to such Domestic Loan
        Party’s Collateral or the relevant part thereof.

      

      SECTION
        2. GUARANTEE

      

             2.1    
Guarantee.
          (a)
          Each of the Domestic Loan Parties that are not Borrowers hereby, jointly
          and
          severally, unconditionally and irrevocably, guarantees to the Administrative
          Agent, for the ratable benefit of the Lenders and their respective successors,
          indorsees, transferees and assigns, the prompt and complete payment and
          performance by each other Loan Party when due (whether at the stated maturity,
          by acceleration or otherwise) of the Obligations.

        

        (b)  Anything
          herein or in any other Loan Document to the contrary notwithstanding, the
          maximum liability of each Domestic Loan Party hereunder and under the other
          Loan
          Documents shall in no event exceed the amount which can be guaranteed by
          such
          Domestic Loan Party under applicable federal and state laws relating to
          the
          insolvency of debtors (after giving effect to the right of contribution
          established in Section 2.2); provided,
          that
          this paragraph shall not limit the obligations of the Borrowers under the
          Credit
          Agreement.

        

        (c)  Each
          Domestic Loan Party agrees that the Obligations may at any time and from
          time to
          time exceed the amount of the liability of such Domestic Loan Party hereunder
          without impairing the guarantee contained in this Section 2 or affecting
          the
          rights and remedies of the Administrative Agent or any Lender
          hereunder.

        

        (d)  The
          guarantee contained in this Section 2 shall remain in full force and effect
          until all the Obligations (other than Related Credit Arrangements) and
          the
          obligations of each Domestic Loan Party under the guarantee contained in
          this
          Section 2 shall have been satisfied by payment in full, no Letter of Credit
          shall be outstanding and the Commitments shall be terminated, notwithstanding
          that from time to time during the term of the Credit Agreement the Borrowers
          may
          be free from any Obligations.

        

        (e)  No
          payment made by the Borrowers, any of the other Domestic Loan Parties,
          any other
          guarantor or any other Person or received or collected by the Administrative
          Agent or any Lender from the Borrowers, any of the other Domestic Loan
          Parties,
          any other guarantor or any other Person by virtue of any action or proceeding
          or
          any set-off or appropriation or application at any time or from time to
          time in
          reduction of or in payment of the Obligations shall be deemed to modify,
          reduce,
          release or otherwise affect the liability of any Domestic Loan Party hereunder
          which shall, notwithstanding any such payment (other than any payment made
          by
          such Domestic Loan Party in respect of the Obligations or any payment received
          or collected from such Domestic Loan Party in respect of the Obligations),
          remain liable for the Obligations up to the maximum liability of such Domestic
          Loan Party hereunder until the Obligations (other than Related Credit
          Arrangements) are paid in full, no Letter of Credit shall be outstanding
          and the
          Commitments are terminated.

      

       

      2.2   Right
        of Contribution.
        Each
        Domestic Loan Party hereby agrees that to the extent that a Domestic Loan
        Party
        that is not a Borrower shall have paid more than its proportionate share
        of any
        payment made hereunder, such Domestic Loan Party shall be entitled to seek
        and
        receive contribution from and against any other Domestic Loan Party

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

      hereunder
        which has not paid its proportionate share of such payment. Each Domestic
        Loan
        Party’s right of contribution shall be subject to the terms and conditions of
        Section 2.3. The provisions of this Section 2.2 shall in no respect limit
        the
        obligations and liabilities of any Domestic Loan Party to the Administrative
        Agent and the Lenders, and each Domestic Loan Party shall remain liable to
        the
        Administrative Agent and the Lenders for the full amount guaranteed by such
        Domestic Loan Party hereunder.

      

      2.3    No
        Subrogation.
        Notwithstanding any payment made by any Domestic Loan Party hereunder or
        any
        set-off or application of funds of any Domestic Loan Party by the Administrative
        Agent or any Lender, no Domestic Loan Party shall be entitled to be subrogated
        to any of the rights of the Administrative Agent or any Lender against the
        Borrowers or any other Domestic Loan Party or any collateral security or
        guarantee or right of offset held by the Administrative Agent or any Lender
        for
        the payment of the Obligations, nor shall any Domestic Loan Party seek or
        be
        entitled to seek any contribution or reimbursement from the Borrowers or
        any
        other Domestic Loan Party in respect of payments made by such Domestic Loan
        Party hereunder, until all amounts owing to the Administrative Agent and
        the
        Lenders by the Borrowers on account of the Obligations (other than Related
        Credit Arrangements) are paid in full, no Letter of Credit shall be outstanding
        and the Commitments are terminated. If any amount shall be paid to any Domestic
        Loan Party on account of such subrogation rights at any time when all of
        the
        Obligations shall not have been paid in full, such amount shall be held by
        such
        Domestic Loan Party in trust for the Administrative Agent and the Lenders,
        segregated from other funds of such Domestic Loan Party, and shall, forthwith
        upon receipt by such Domestic Loan Party, be turned over to the Administrative
        Agent in the exact form received by such Domestic Loan Party (duly indorsed
        by
        such Domestic Loan Party to the Administrative Agent, if required), to be
        applied against the Obligations, whether matured or unmatured, in such order
        as
        the Administrative Agent, with the consent of the Required Lenders, may
        determine.

      

      2.4    Amendments,
        etc. with respect to the Obligations.
        Each
        Domestic Loan Party shall remain obligated hereunder notwithstanding that,
        without any reservation of rights against any Domestic Loan Party and without
        notice to or further assent by any Domestic Loan Party, any demand for payment
        of any of the Obligations made by the Administrative Agent or any Lender
        may be
        rescinded by the Administrative Agent or such Lender and any of the Obligations
        continued, and the Obligations, or the liability of any other Person upon
        or for
        any part thereof, or any collateral security or guarantee therefor or right
        of
        offset with respect thereto, may, from time to time, in whole or in part,
        be
        renewed, extended, amended, modified, accelerated, compromised, waived,
        surrendered or released by the Administrative Agent or any Lender, and the
        Credit Agreement and the other Loan Documents and any other documents executed
        and delivered in connection therewith may be amended, modified, supplemented
        or
        terminated, in whole or in part, as the Administrative Agent (or the Required
        Lenders or all Lenders, as the case may be) may deem advisable from time
        to
        time, and any collateral security, guarantee or right of offset at any time
        held
        by the Administrative Agent or any Lender for the payment of the Obligations
        may
        be sold, exchanged, waived, surrendered or released. Neither the Administrative
        Agent nor any Lender shall have any obligation to protect, secure, perfect
        or
        insure any Lien at any time held by it as security for the Obligations or
        for
        the guarantee contained in this Section 2 or any property subject
        thereto.

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

      

      2.5    Subordination.
        Each
        Domestic Loan Party hereby subordinates the payment of all obligations and
        indebtedness of any Borrower owing to such Domestic Loan Party, whether now
        existing or hereafter arising, including but not limited to any obligation
        of
        any Borrower to such Domestic Loan Party as subrogee of the Administrative
        Agent
        or the Lenders or resulting from such Domestic Loan Party’s performance under
        this Guaranty and Collateral Agreement, to the indefeasible payment in full
        in
        cash of all Obligations. If the Administrative Agent so requests, any such
        obligation or indebtedness of the Borrowers to a Domestic Loan Party shall
        be
        enforced and performance received by such Domestic Loan Party as trustee
        for the
        Administrative Agent and the Lenders and the proceeds thereof shall be paid
        over
        to the Administrative Agent on account of the Obligations, but without reducing
        or affecting in any manner the liability of such Domestic Loan Party under
        this
        Guaranty and Collateral Agreement.

      

      2.6    Guarantee
        Absolute and Unconditional.
        Each
        Domestic Loan Party waives any and all notice of the creation, renewal,
        extension or accrual of any of the Obligations and notice of or proof of
        reliance by the Administrative Agent or any Lender upon the guarantee contained
        in this Section 2 or acceptance of the guarantee contained in this Section
        2;
        the Obligations, and any of them, shall conclusively be deemed to have been
        created, contracted or incurred, or renewed, extended, amended or waived,
        in
        reliance upon the guarantee contained in this Section 2; and all dealings
        between the Borrowers and any of the other Domestic Loan Parties, on the
        one
        hand, and the Administrative Agent and the Lenders, on the other hand, likewise
        shall be conclusively presumed to have been had or consummated in reliance
        upon
        the guarantee contained in this Section 2. Each Domestic Loan Party waives
        diligence, presentment, protest, demand for payment and notice of default
        or
        nonpayment to or upon the Borrowers or any of the other Domestic Loan Parties
        with respect to the Obligations. Each Domestic Loan Party understands and
        agrees
        that the guarantee contained in this Section 2 shall be construed as a
        continuing, absolute and unconditional guarantee of payment without regard
        to
        (a) the validity or enforceability of the Credit Agreement or any other Loan
        Document, any of the Obligations or any other collateral security therefor
        or
        guarantee or right of offset with respect thereto at any time or from time
        to
        time held by the Administrative Agent or any Lender, (b) any defense, set-off
        or
        counterclaim (other than a defense of payment or performance) which may at
        any
        time be available to or be asserted by any Borrower or any other Person against
        the Administrative Agent or any Lender, or (c) any other circumstance whatsoever
        (with or without notice to or knowledge of the Borrowers or such Domestic
        Loan
        Party) which constitutes, or might be construed to constitute, an equitable
        or
        legal discharge of the Borrowers for the Obligations, or of such Domestic
        Loan
        Party under the guarantee contained in this Section 2, in bankruptcy or in
        any
        other instance. When making any demand hereunder or otherwise pursuing its
        rights and remedies hereunder against any Domestic Loan Party, the
        Administrative Agent or any Lender may, but shall be under no obligation
        to,
        make a similar demand on or otherwise pursue such rights and remedies as
        it may
        have against any Borrower, any other Domestic Loan Party or any other Person
        or
        against any collateral security or guarantee for the Obligations or any right
        of
        offset with respect thereto, and any failure by the Administrative Agent
        or any
        Lender to make any such demand, to pursue such other rights or remedies or
        to
        collect any payments from any Borrower, any other Domestic Loan Party or
        any
        other Person or to realize upon any such collateral security or guarantee
        or to
        exercise any such right of offset, or any release of any Borrower, any other
        Domestic Loan Party or any other Person or any such collateral security,
        guarantee or right of offset, shall not relieve any Domestic Loan Party of
        any
        obligation or liability hereunder, and shall not impair or affect the rights
        and

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

      remedies,
        whether express, implied or available as a matter of law, of the Administrative
        Agent or any Lender against any Domestic Loan Party. For the purposes hereof
        “demand” shall include the commencement and continuance of any legal
        proceedings.

      

      2.7    Reinstatement.
        The
        guarantee contained in this Section 2 shall continue to be effective, or
        be
        reinstated, as the case may be, if at any time payment, or any part thereof,
        of
        any of the Obligations is rescinded or must otherwise be restored or returned
        by
        the Administrative Agent or any Lender upon the insolvency, bankruptcy,
        dissolution, liquidation or reorganization of any Borrower or any other Domestic
        Loan Party, or upon or as a result of the appointment of a receiver, intervenor
        or conservator of, or trustee or similar officer for, any Borrower or any
        other
        Domestic Loan Party or any substantial part of its property, or otherwise,
        all
        as though such payments had not been made.

      

      2.8    Payments.
        Each
        Domestic Loan Party hereby guarantees that payments hereunder will be paid
        to
        the Administrative Agent without set-off or counterclaim in Dollars at the
        office of the Administrative Agent set forth in the Credit Agreement. The
        obligations hereunder shall not be affected by any acts of any legislative
        body
        or governmental authority affecting the Borrowers, including but not limited
        to,
        any restrictions on the conversion of currency or repatriation or control
        of
        funds or any total or partial expropriation of any Borrower’s property, or by
        economic, political, regulatory or other events in the countries where any
        Borrower is located.

      

      SECTION
        3. GRANT
        OF
        SECURITY INTEREST

      

              Each
        Domestic Loan
        Party hereby assigns and transfers to the Administrative Agent, and hereby
        grants to the Administrative Agent, for the ratable benefit of the Lenders,
        a
        security interest in, all of the following property now owned or at any time
        hereafter acquired by such Domestic Loan Party or in which such Domestic
        Loan
        Party now has or at any time in the future may acquire any right, title or
        interest (collectively, the “Collateral”), as collateral security for the prompt
        and complete payment and performance when due (whether at the stated maturity,
        by acceleration or otherwise) of the Obligations:

      

      (a)     all
        Accounts;

      

      (b)    
        all
        Chattel Paper;

      

      (c)    
        all
        Commercial Tort Claims identified on Schedule 8;

      

      (d)    
        all
        Deposit Accounts;

      

      (e)    
        all
        Documents;

      

      (f)    
        all
        Equipment; 

      

      (g)   
        all
        Fixtures;

      

      (h)   
        all
        General Intangibles;

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

      (i)    
        all
        Instruments;

      

      (j)    
        all
        Intellectual Property;

      

      (k)   
        all
        Inventory;

      

      (l)    
        all
        Investment Property;

      

      (m)  
        all
        Letter of Credit Rights;

      

      (n)   
        all
        other
        property not otherwise described above;

      

      (o)   
        all
        books
        and records pertaining to the Collateral; and

      

      (p)    to
        the
        extent not otherwise included, all Proceeds, Supporting Obligations and products
        of any and all of the foregoing and all collateral security and guarantees
        given
        by any Person with respect to any of the foregoing;

       

          provided,
        however,
        that
        (i) Collateral hereunder shall not include any real property leases (except
        to
        the extent rights under such leases are covered by the Uniform Commercial
        Code)
        or other real property, and (ii) notwithstanding any of the other provisions
        set
        forth in this Section 3, this Agreement shall not constitute a grant of a
        security interest in any property to the extent that such grant of a security
        interest is prohibited by any Laws of a Governmental Authority, requires
        a
        consent not obtained of any Governmental Authority pursuant to such Laws
        or is
        prohibited by, or constitutes a breach or default under or results in the
        termination of or requires any consent not obtained under, any contract,
        license, agreement, instrument or other document evidencing or giving rise
        to
        such property or, in the case of any Investment Property, Pledged Stock or
        Pledged Note, any applicable shareholder or similar agreement, except to
        the
        extent that such Laws or the term in such contract, license, agreement,
        instrument or other document or shareholder or similar agreement providing
        for
        such prohibition, breach, default or termination or requiring such consent
        is
        ineffective under Sections 9-406, 9-407 or 9-408 of the New York UCC or other
        applicable law; provided,
        further,
        that
        for purposes of the foregoing, it is understood and agreed that upon request
        of
        the Administrative Agent, the applicable Domestic Loan Party will use its
        commercially reasonable efforts to obtain a consent if permissible by the
        applicable Laws or the applicable contract, license, agreement, instrument
        or
        other document to the extent necessary to permit the Administrative Agent
        to
        dispose of related goods included in the Collateral.

      

      SECTION
        4. REPRESENTATIONS
        AND WARRANTIES

      

            To
        induce the Administrative
        Agent and the Lenders to enter into the Credit Agreement and to induce the
        Lenders to make their respective extensions of credit to the Borrowers
        thereunder, each Domestic Loan Party hereby represents and warrants to the
        Administrative Agent and each Lender that:

       

            4.1    Representations
        in Credit Agreement.
        In the
        case of each Domestic Loan Party other than the Borrowers, the representations
        and warranties set forth in Article V of the Credit Agreement as they relate
        to
        such Domestic Loan Party or to the Loan Documents to which such Domestic
        Loan
        Party is a party, each of which is hereby incorporated herein 

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

      by
        reference, are true and correct, and the Administrative Agent and each Lender
        shall be entitled to rely on each of them as if they were fully set forth
        herein, provided
        that
        each reference in each such representation and warranty to the Borrower’s
        knowledge shall, for the purposes of this Section 4.1, be deemed to be a
        reference to such Domestic Loan Party’s knowledge.

      

      4.2    Title;
        No Other Liens.
        Except
        for the security interest granted to the Administrative Agent for the ratable
        benefit of the Lenders pursuant to this Agreement and the other Liens permitted
        to exist on the Collateral by the Credit Agreement, such Domestic Loan Party
        owns each item of the Collateral free and clear of any and all Liens or claims
        of others. No financing statement or other public notice with respect to
        all or
        any part of the Collateral is on file or of record in any public office,
        except
        such as have been filed in favor of the Administrative Agent, for the ratable
        benefit of the Lenders, pursuant to this Agreement or as are permitted by
        the
        Credit Agreement. For the avoidance of doubt, it is understood and agreed
        that
        any Domestic Loan Party may, as part of its business, grant licenses to third
        parties to use Intellectual Property owned or developed by a Domestic Loan
        Party. For purposes of this Agreement and the other Loan Documents, such
        licensing activity shall not constitute a “Lien” on such Intellectual Property.
        Each of the Administrative Agent and each Lender understands that any such
        licenses may be exclusive to the applicable licensees, and such exclusivity
        provisions may limit the ability of the Administrative Agent to utilize,
        sell,
        Lease or transfer the related Intellectual Property or otherwise realize
        value
        from such Intellectual Property pursuant hereto.

      

      4.3    Perfected
        First Priority Liens.
        The
        security interests granted pursuant to this Agreement upon completion of
        the
        filings and other actions specified on Schedule
        3
        (which,
        in the case of all filings and other documents referred to on said Schedule,
        have been delivered to the Administrative Agent in completed and duly executed
        form) will constitute valid perfected security interests in all of the
        Collateral (provided
        that,
        with respect to the Foreign Subsidiary Voting Stock of any Foreign Subsidiary
        pledged hereunder, the security interest therein may not constitute a valid
        perfected security interest under laws other than those of the United States)
        in
        favor of the Administrative Agent, for the ratable benefit of the Lenders
        as
        collateral security for such Domestic Loan Party’s Obligations, enforceable in
        accordance with the terms hereof against all creditors of such Domestic Loan
        Party and any Persons purporting to purchase any Collateral from such Domestic
        Loan Party (except for dispositions permitted under the Loan Documents) and
        are
        prior to all other Liens on the Collateral in existence on the date hereof
        except for (i) unrecorded Liens permitted by the Credit Agreement which have
        priority over the Liens on the Collateral by operation of law and (ii) Liens
        described on Schedule
        7.

      

      4.4    Jurisdiction
        of Organization; Chief Executive Office.
        On the
        date hereof, such Domestic Loan Party’s jurisdiction of organization,
        identification number from the jurisdiction of organization (if any), and
        the
        location of such Domestic Loan Party’s chief executive office or sole place of
        business or principal residence, as the case may be, are specified on
Schedule
        4.
        Such
        Domestic Loan Party has furnished to the Administrative Agent a certified
        charter, certificate of incorporation or other organization document and
        long-form good standing certificate as of a date which is recent to the date
        hereof.

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

      4.5    Inventory
        and Equipment.
        On the
        date hereof, the Inventory and the Equipment (other than mobile goods) are
        kept
        at the locations listed on Schedule
        5.

       

      4.6    Farm
        Products.
        None of
        the Collateral constitutes, or is the Proceeds of, Farm Products.

       

      4.7    Investment
        Property.
        (a) The
        shares of Pledged Stock pledged by such Domestic Loan Party hereunder constitute
        all the issued and outstanding shares of all classes of the Capital Stock
        of
        each Issuer owned by such Domestic Loan Party or, in the case of Foreign
        Subsidiary Voting Stock, 65% of all the issued and outstanding Foreign
        Subsidiary Voting Stock of each Issuer owned by such Domestic Loan
        Party.

      

      (b)  All
        the
        shares of the Pledged Stock have been duly and validly issued and are fully
        paid
        and nonassessable.

      

      (c)  Each
        of
        the Pledged Notes constitutes the legal, valid and binding obligation of
        the
        obligor with respect thereto, enforceable in accordance with its terms, subject
        to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization,
        moratorium and other similar laws relating to or affecting creditors’ rights
        generally, general equitable principles (whether considered in a proceeding
        in
        equity or at law) and an implied covenant of good faith and fair
        dealing.

      

      (d)  Such
        Domestic Loan Party is the record and beneficial owner of, and has good and
        marketable title to, the Investment Property pledged by it hereunder, free
        of
        any and all Liens or options in favor of, or claims of, any other Person,
        except
        the security interest created by this Agreement.

       

      4.8    Receivables.
        (a) No
        amount in excess of $100,000 payable to such Domestic Loan Party under or
        in
        connection with any Receivable is evidenced by any Instrument or Chattel
        Paper
        which has not been delivered to the Administrative Agent.

       

      (b)  None
        of
        the obligors on any material amount of Receivables is a Governmental
        Authority.

      

      (c)  The
        amounts represented by such Domestic Loan Party to the Lenders from time
        to time
        as owing to such Domestic Loan Party in respect of the Receivables will at
        such
        times be accurate in all material respects.

       

      4.9    Intellectual
        Property.
        (a)
Schedule
        6
        lists
        all Intellectual Property that is registered or subject to a pending application
        for registration and is owned by such Domestic Loan Party in its own name
        on the
        date hereof.

      

      (b)  On
        the
        date hereof, all material Intellectual Property is valid, subsisting, unexpired
        and enforceable, has not been abandoned and does not infringe the intellectual
        property rights of any other Person in any material respect.

      

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

      (c)  Except
        as
        set forth in Schedule
        6,
        on the
        date hereof, none of the Intellectual Property is the subject of any licensing
        or franchise agreement pursuant to which such Domestic Loan Party is the
        licensor or franchisor.

      

      (d)  No
        holding, decision or judgment has been rendered by any Governmental Authority
        which would limit, cancel or question the validity of, or such Domestic Loan
        Party’s rights in, any Intellectual Property in any respect that could
        reasonably be expected to have a Material Adverse Effect.

      

      (e)  No
        action
        or proceeding is pending, or, to the knowledge of such Domestic Loan Party,
        threatened, on the date hereof (i) seeking to limit, cancel or question the
        validity of any Intellectual Property or such Domestic Loan Party’s ownership
        interest therein, or (ii) which, if adversely determined, would have a material
        adverse effect on the value of any Intellectual Property.

       

      4.10  
Commercial
        Tort Claims.
        As of
        the date hereof, Schedule
        8
        lists
        all Commercial Tort Claims of such Domestic Loan Party having a value of
        more
        than $100,000 that it has elected to prosecute in its reasonable business
        judgment. If any Domestic Loan Party shall at any time hold or acquire a
        Commercial Tort Claim that it has elected to prosecute in its reasonable
        business judgment having a value together with all other Commercial Tort
        Claims
        of all Domestic Loan Parties in which the Administrative Agent does not have
        a
        security interest in excess of $250,000 in the aggregate, such Domestic Loan
        Party shall promptly notify the Administrative Agent in writing signed by
        such
        Domestic Loan Party of the brief details thereof and grant to the Administrative
        Agent in such writing a security interest therein and in the Proceeds thereof,
        all upon the terms of this Agreement, with such writing to be in form and
        substance reasonably satisfactory to the Administrative Agent.

       

      SECTION
        5. COVENANTS

      

          Each
        Domestic
        Loan Party covenants and agrees with the Administrative Agent and the Lenders
        that, from and after the date of this Agreement until the Obligations (other
        than Related Credit Arrangements) shall have been paid in full, no Letter
        of
        Credit shall be outstanding and the Commitments shall have
        terminated:

       

      5.1   Covenants
        in Credit Agreement.
        Each
        Domestic Loan Party shall take, or shall refrain from taking, as the case
        may
        be, each action that is necessary to be taken or not taken, as the case may
        be,
        so that no Default or Event of Default is caused by the failure to take such
        action or to refrain from taking such action by such Domestic Loan Party
        or any
        of its Subsidiaries.

      5.2   Delivery
        of Instruments, Certificated Securities and Chattel Paper.
        If any
        amount in excess of $100,000 payable under or in connection with any of the
        Collateral shall be or become evidenced by any Instrument, Certificated Security
        or Chattel Paper, such Instrument, Certificated Security or Chattel Paper
        shall
        be immediately delivered to the Administrative Agent, duly indorsed in a
        manner
        satisfactory to the Administrative Agent, to be held as Collateral pursuant
        to
        this Agreement.

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

      5.3   Maintenance
        of Insurance.
        (a)
        Such Domestic Loan Party will maintain, with financially sound and reputable
        companies, insurance policies (i) insuring the Inventory and Equipment against
        loss by fire, explosion, theft and such other casualties as may be reasonably
        satisfactory to the Administrative Agent and (ii) to the extent requested
        by the
        Administrative Agent, insuring such Domestic Loan Party, the Administrative
        Agent and the Lenders against liability for personal injury and property
        damage
        relating to such Inventory and Equipment, such policies to be in such form
        and
        amounts and having such coverage as may be reasonably satisfactory to the
        Administrative Agent and the Lenders.

      

      (b)  All
        such
        insurance shall, in the case of any general liability, property and casualty,
        business interruption or umbrella liability insurance, provide for not less
        than
        30 days’ prior notice to the Administrative Agent of cancellation of such
        insurance (or providing for such other notice of cancellation as shall be
        reasonably acceptable to the Administrative Agent), (ii) in the case of any
        general liability, property and casualty, business interruption or umbrella
        liability insurance name the Administrative Agent as insured party or loss
        payee, as applicable, and (iii) be reasonably satisfactory in all other respects
        to the Administrative Agent.

      

      (c)  If
        requested by the Administrative Agent, the Company shall deliver to the
        Administrative Agent and the Lenders a report of a reputable insurance broker
        with respect to such insurance substantially concurrently with each delivery
        of
        the Company’s audited annual financial statements and such supplemental reports
        with respect thereto as the Administrative Agent may from time to time
        reasonably request.

       

      5.4   Payment
        of Obligations.
        Such
        Domestic Loan Party will pay and discharge or otherwise satisfy at or before
        maturity or before they become delinquent, as the case may be, all taxes,
        assessments and governmental charges or levies imposed upon the Collateral
        or in
        respect of income or profits therefrom, as well as all claims of any kind
        (including, without limitation, claims for labor, materials and supplies)
        against or with respect to the Collateral, except (i) for taxes, assessments,
        charges or levies that, if unpaid, could not result in a material impairment
        of
        any Collateral or its value and (ii) that no such tax, assessment, charge
        or
        levy need be paid if the amount or validity thereof is currently being contested
        in good faith by appropriate proceedings, reserves in conformity with GAAP
        with
        respect thereto have been provided on the books of such Domestic Loan Party
        and
        such proceedings could not reasonably be expected to result in the sale,
        forfeiture or loss of any material portion of the Collateral or any interest
        therein.

       

      5.5   Maintenance
        of Perfected Security Interest; Further Documentation.
        (a)
        Such Domestic Loan Party shall maintain the security interest created by
        this
        Agreement as a perfected security interest having at least the priority
        described in Section 4.3 and shall defend such security interest against
        the
        claims and demands of all Persons whomsoever, subject to the rights of such
        Domestic Loan Party under the Loan Documents to dispose of the
        Collateral.

      

      (b)  Such
        Domestic Loan Party will furnish to the Administrative Agent and the Lenders
        from time to time statements and schedules further identifying and describing
        the assets and property of such Domestic Loan Party and such other reports
        in
        connection therewith as the Administrative Agent may reasonably request,
        all in
        reasonable detail.

       

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

      (c)  Subject
        to Section 5.5(d), at any time and from time to time, upon the written request
        of the Administrative Agent, and at the sole expense of such Domestic Loan
        Party, such Domestic Loan Party will promptly and duly execute and deliver,
        and
        have recorded, such further instruments and documents and take such further
        actions as the Administrative Agent may reasonably request for the purpose
        of
        obtaining or preserving the full benefits of this Agreement and of the rights
        and powers herein granted, including, without limitation, (i) filing any
        financing or continuation statements under the Uniform Commercial Code (or
        other
        similar laws) in effect in any jurisdiction with respect to the security
        interests created hereby and (ii) in the case of Deposit Accounts, Investment
        Property (including Securities Accounts), Letter-of-Credit Rights and any
        other
        relevant Collateral, taking any actions necessary to enable the Administrative
        Agent to obtain “control” (within the meaning of the applicable Uniform
        Commercial Code) with respect thereto (including, where applicable, the
        execution of “control agreements”).

      

      (d)  In
        the
        case of Deposit Accounts and Securities Accounts, the Administrative Agent
        will
        not require “control” over (i) payroll accounts, (ii) zero balance accounts or
        (iii) so long as no Default or Event of Default has occurred and is continuing,
        Non-Control Accounts in which the aggregate balance is less than both (x)
        $5,000,000 at any one time and (y) $2,500,000 in aggregate average daily
        balance
        for the most recent monthly reporting period (such amounts constituting the
        “Account Threshold Amount”). The Company shall promptly notify the
        Administrative Agent at any time the aggregate balance in Non-Control Accounts
        exceeds the Account Threshold Amount, such notice to identify the financial
        institutions and related account numbers and balances.

       

      5.6    Changes
        in Locations, Name, etc.
        (a) Such
        Domestic Loan Party will not, except upon 15 days’ prior written notice to the
        Administrative Agent and delivery to the Administrative Agent of all additional
        executed financing statements and other documents reasonably requested by
        the
        Administrative Agent to maintain the validity, perfection and priority of
        the
        security interests provided for herein:

      
              (i)  change
        its jurisdiction of organization from that referred to in Section 4.4; or

       

                    (ii) change
        its
        name.

      

      (b)  Such
        Domestic Loan Party may permit any of the Inventory or Equipment to be kept
        at a
        location other than those listed on Schedule
        5,
        so long
        as such location is in the United States and such Domestic Loan Party, upon
        request by the Administrative Agent, provides to the Administrative Agent
        a
        written supplement to Schedule 5 showing any additional location at which
        Inventory or Equipment shall be kept and delivers to the Administrative Agent
        all additional executed financing statements and other documents reasonably
        requested by the Administrative Agent to maintain the validity, perfection
        and
        priority of the security interests provided for herein.

       

      5.7  
Notices.
        Such
        Domestic Loan Party will advise the Administrative Agent and the Lenders
        promptly, in reasonable detail, of:

      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

                (a)  any
        Lien
        (other than security interests created hereby or Liens permitted under the
        Credit Agreement) on any of the Collateral which would adversely affect the
        ability of the Administrative Agent to exercise any of its remedies hereunder;
        and 

       

                (b)  of
        the
        occurrence of any other event which could reasonably be expected to have
        a
        material adverse effect on the aggregate value of the Collateral or on the
        security interests created hereby.

       

      5.8   Investment
        Property.
        (a) If
        such Domestic Loan Party shall become entitled to receive or shall receive
        any
        certificate (including, without limitation, any certificate representing
        a
        dividend or a distribution in connection with any reclassification, increase
        or
        reduction of capital or any certificate issued in connection with any
        reorganization), option or rights in respect of the Capital Stock of any
        Issuer,
        whether in addition to, in substitution of, as a conversion of, or in exchange
        for, any shares of the Pledged Stock, or otherwise in respect thereof, such
        Domestic Loan Party shall accept the same as the agent of the Administrative
        Agent and the Lenders, hold the same in trust for the Administrative Agent
        and
        the Lenders and deliver the same forthwith to the Administrative Agent in
        the
        exact form received, duly indorsed by such Domestic Loan Party to the
        Administrative Agent, if required, together with an undated stock power covering
        such certificate duly executed in blank by such Domestic Loan Party and with,
        if
        the Administrative Agent so requests, signature guaranteed, to be held by
        the
        Administrative Agent, subject to the terms hereof, as additional collateral
        security for the Obligations, provided
        that
        such Domestic Loan Party shall not be required to deliver any certificates,
        options or rights in excess of 65% of the Foreign Subsidiary Voting Stock
        of any
        Foreign Subsidiary. Any sums paid upon or in respect of the Investment Property
        upon the liquidation or dissolution of any Issuer (other than a Subsidiary
        that
        is liquidated or dissolved in a transaction permitted under Section 7.04
        of the
        Credit Agreement) shall be paid over to the Administrative Agent to be held
        by
        it hereunder as additional collateral security for the Obligations, and in
        case
        any distribution of capital shall be made on or in respect of the Investment
        Property or any property shall be distributed upon or with respect to the
        Investment Property pursuant to the recapitalization or reclassification
        of the
        capital of any Issuer or pursuant to the reorganization thereof, the property
        so
        distributed shall, unless otherwise subject to a perfected first priority
        security interest in favor of the Administrative Agent, be delivered to the
        Administrative Agent to be held by it hereunder as additional collateral
        security for the Obligations. If any sums of money or property so paid or
        distributed in respect of the Investment Property shall be received by such
        Domestic Loan Party, such Domestic Loan Party shall, until such money or
        property is paid or delivered to the Administrative Agent, hold such money
        or
        property in trust for the Administrative Agent and the Lenders or otherwise
        subject such money or property to a perfected first priority security interest
        in favor of the Administrative Agent as additional collateral security for
        the
        Obligations.

      

                  (b)  Without
        the prior written consent of the Administrative Agent, such Domestic Loan
        Party
        will not (i) vote to enable, or take any other action to permit, any Issuer
        to
        issue any Capital Stock of any nature or to issue any other securities
        convertible into or granting the right to purchase or exchange for any Capital
        Stock of any nature of any Issuer, (ii) sell, assign, transfer, exchange,
        or
        otherwise dispose of, or grant any option with respect to, the Investment
        Property or Proceeds thereof (except pursuant to a transaction expressly
        permitted by the Credit Agreement), (iii) create, incur or permit to exist
        any
        Lien or option in favor of, or any claim of any Person with respect to, any
        of
        the Investment 

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

      Property,
        or any interest therein, except for the security interests created by this
        Agreement or (iv) enter into any agreement or undertaking restricting the
        right
        or ability of such Domestic Loan Party or the Administrative Agent to sell,
        assign or transfer any of the Investment Property.

      

                  (c)  In
        the
        case of each Domestic Loan Party which is an Issuer, such Issuer agrees that
        (i)
        it will be bound by the terms of this Agreement relating to the Investment
        Property issued by it and will comply with such terms insofar as such terms
        are
        applicable to it, (ii) it will notify the Administrative Agent promptly in
        writing of the occurrence of any of the events described in Section 5.8(a)
        with
        respect to the Investment Property issued by it and (iii) the terms of Sections
        6.3(c) and 6.7 shall apply to it, mutatis
        mutandis,
        with
        respect to all actions that may be required of it pursuant to Section 6.3(c)
        or
        6.7 with respect to the Investment Property issued by it.

       

            5.9    Receivables.
        (a)
        Other than in the ordinary course of business, such Domestic Loan Party will
        not
        (i) grant any extension of the time of payment of any Receivable, (ii)
        compromise or settle any Receivable for less than the full amount thereof,
        (iii)
        release, wholly or partially, any Person liable for the payment of any
        Receivable, (iv) allow any credit or discount whatsoever on any Receivable
        or
        (v) amend, supplement or modify any Receivable in any manner that could
        adversely affect the value thereof.

      

                  (b)  Such
        Domestic Loan Party will deliver to the Administrative Agent a copy of each
        material demand, notice or document received by it that questions or calls
        into
        doubt the validity or enforceability of more than 5% of the aggregate amount
        of
        the then outstanding Receivables.

       

      5.10    Intellectual
        Property.
        (a)
        Such Domestic Loan Party (either itself or through licensees) will (i) continue
        to use each material Trademark on its trademark class of goods in order to
        maintain such Trademark in full force free from any claim of abandonment
        for
        non-use, (ii) maintain as in the past the quality of products and services
        offered under such Trademark, (iii) use such Trademark with the appropriate
        notice of registration and all other notices and legends required by applicable
        Laws, (iv) not adopt or use any mark which is confusingly similar or a colorable
        imitation of such Trademark unless the Administrative Agent, for the ratable
        benefit of the Lenders, shall obtain a perfected security interest in such
        mark
        pursuant to this Agreement, and (v) not (and not permit any licensee or
        sublicensee thereof to) do any act or knowingly omit to do any act whereby
        such
        Trademark may become invalidated or impaired in any way.

      

                 (b)  Such
        Domestic Loan Party (either itself or through licensees) will not do any
        act, or
        omit to do any act, whereby any material Patent may become forfeited, abandoned
        or dedicated to the public.

      

                 (c)  Such
        Domestic Loan Party (either itself or through licensees) (i) will employ
        each
        material Copyright and (ii) will not (and will not permit any licensee or
        sublicensee thereof to) do any act or knowingly omit to do any act whereby
        any
        material portion of the Copyrights may become invalidated or otherwise impaired.
        Such Domestic Loan Party will not (either itself or through licensees) do
        any
        act whereby any material portion of the Copyrights may fall into the public
        domain.

      

      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

                  (d)  Such
        Domestic Loan Party (either itself or through licensees) will not do any
        act
        that knowingly uses any material Intellectual Property to infringe in any
        material respect the intellectual property rights of any other
        Person.

      

                  (e)  Such
        Domestic Loan Party will notify the Administrative Agent and the Lenders
        immediately if it knows, or has reason to know, that any application or
        registration relating to any material Intellectual Property may become
        forfeited, abandoned or dedicated to the public, or of any adverse determination
        or development (including, without limitation, the institution of, or any
        such
        determination or development in, any proceeding in the United States Patent
        and
        Trademark Office, the United States Copyright Office or any court or tribunal
        in
        any country) regarding such Domestic Loan Party’s ownership of, or the validity
        of, any material Intellectual Property or such Domestic Loan Party’s right to
        register the same or to own and maintain the same.

      

                  (f)  Whenever
        such Domestic Loan Party, either by itself or through any agent, employee,
        licensee or designee, shall file an application for the registration of any
        Intellectual Property with the United States Patent and Trademark Office,
        the
        United States Copyright Office or any similar office or agency in any other
        country or any political subdivision thereof, such Domestic Loan Party shall
        report such filing to the Administrative Agent within five Business Days
        after
        the last day of the fiscal quarter in which such filing occurs. Upon request
        of
        the Administrative Agent, such Domestic Loan Party shall execute and deliver,
        and have recorded, any and all agreements, instruments, documents, and papers
        as
        the Administrative Agent may request to evidence the Administrative Agent’s and
        the Lenders’ security interest in any Copyright, Patent or Trademark and the
        goodwill and general intangibles of such Domestic Loan Party relating thereto
        or
        represented thereby.

      

                  (g)  Such
        Domestic Loan Party will take all reasonable and necessary steps, including,
        without limitation, in any proceeding before the United States Patent and
        Trademark Office, the United States Copyright Office or any similar office
        or
        agency in any other country or any political subdivision thereof, to maintain
        and pursue each application (and to obtain the relevant registration) and
        to
        maintain each registration of the material Intellectual Property, including,
        without limitation, filing of applications for renewal, affidavits of use
        and
        affidavits of incontestability.

      

                  (h)  In
        the
        event that any material Intellectual Property is infringed, misappropriated
        or
        diluted by a third party, such Domestic Loan Party shall (i) take such actions
        as such Domestic Loan Party shall reasonably deem appropriate under the
        circumstances to protect such Intellectual Property and (ii) if such
        Intellectual Property is of material economic value and if such infringement,
        misappropriation or dilution could reasonably be expected to have a Material
        Adverse Effect, promptly notify the Administrative Agent after it learns
        thereof.

       

      SECTION
        6. REMEDIAL
        PROVISIONS

       

      6.1    Certain
        Matters Relating to Receivables.
        (a) The
        Administrative Agent shall have the right to make test verifications of the
        Receivables in any manner and through any medium that it reasonably considers
        advisable, and each Domestic Loan Party shall furnish all such assistance
        and
        information as the Administrative Agent may require in 

      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

      connection
        with such test verifications. At any time and from time to time, upon the
        Administrative Agent’s request, at any time after the occurrence and during the
        continuance of an Event of Default and at the expense of the relevant Domestic
        Loan Party, such Domestic Loan Party shall cause independent public accountants
        or others satisfactory to the Administrative Agent to furnish to the
        Administrative Agent reports showing reconciliations, aging and test
        verifications of, and trial balances for, the Receivables.

      

                  (b)  The
        Administrative Agent hereby authorizes each Domestic Loan Party to collect
        such
        Domestic Loan Party’s Receivables, subject to the Administrative Agent’s
        direction and control, and the Administrative Agent may curtail or terminate
        said authority at any time after the occurrence and during the continuance
        of an
        Event of Default. If required by the Administrative Agent at any time after
        the
        occurrence and during the continuance of an Event of Default, any payments
        of
        Receivables, when collected by any Domestic Loan Party, (i) shall be forthwith
        (and, in any event, within two Business Days) deposited by such Domestic
        Loan
        Party in the exact form received, duly indorsed by such Domestic Loan Party
        to
        the Administrative Agent if required, in a Collateral Account maintained
        under
        the sole dominion and control of the Administrative Agent, subject to withdrawal
        by the Administrative Agent for the account of the Lenders only as provided
        in
        Section 6.5, and (ii) until so turned over, shall be held by such Domestic
        Loan
        Party in trust for the Administrative Agent and the Lenders, segregated from
        other funds of such Domestic Loan Party. Each such deposit of Proceeds of
        Receivables shall be accompanied by a report identifying in reasonable detail
        the nature and source of the payments included in the deposit.

      

                  (c)  At
        the
        Administrative Agent’s request at and after the occurrence and during the
        continuance of an Event of Default, each Domestic Loan Party shall deliver
        to
        the Administrative Agent all original and other documents evidencing, and
        relating to, the agreements and transactions which gave rise to the Receivables,
        including, without limitation, all original orders, invoices and shipping
        receipts.

       

      6.2    Communications
        with Obligors; Domestic Loan Parties Remain Liable.
        (a) The
        Administrative Agent in its own name or in the name of others may at any
        time
        communicate with obligors under the Receivables to verify with them to the
        Administrative Agent’s satisfaction the existence, amount and terms of any
        Receivables, provided
        that the
        Administrative Agent will not make communications in its own name unless
        an
        Event of Default has occurred and is continuing.

       

                  (b)  Upon
        the
        written request of the Administrative Agent at any time after the occurrence
        and
        during the continuance of an Event of Default, each Domestic Loan Party shall
        notify obligors on the Receivables that the Receivables and the Contracts
        have
        been assigned to the Administrative Agent for the ratable benefit of the
        Lenders
        and that payments in respect thereof shall be made directly to the
        Administrative Agent.

      

                  (c)  Anything
        herein to the contrary notwithstanding, each Domestic Loan Party shall remain
        liable under each of the Receivables to observe and perform all the conditions
        and obligations to be observed and performed by it thereunder, all in accordance
        with the terms of any agreement giving rise thereto. Neither the Administrative
        Agent nor any Lender shall have any obligation or liability under any Receivable
        (or any agreement giving rise thereto), by reason of or arising out of this
        Agreement or the receipt by the 

      
        
          
          

        

        
          18

          
            

          

        

        
          
          

        

      

      Administrative
        Agent or any Lender of any payment relating thereto, nor shall the
        Administrative Agent or any Lender be obligated in any manner to perform
        any of
        the obligations of any Domestic Loan Party under or pursuant to any Receivable
        (or any agreement giving rise thereto) to make any payment, to make any inquiry
        as to the nature or the sufficiency of any payment received by it or as to
        the
        sufficiency of any performance by any party thereunder, to present or file
        any
        claim, to take any action to enforce any performance or to collect the payment
        of any amounts which may have been assigned to it or to which it may be entitled
        at any time or times.

       

      6.3    Pledged
        Stock.
        (a)
        Unless an Event of Default shall have occurred and be continuing and the
        Administrative Agent shall have given written notice to the relevant Domestic
        Loan Party of the Administrative Agent’s intent to exercise its corresponding
        rights pursuant to Section 6.3(b), each Domestic Loan Party shall be permitted
        to receive all cash dividends paid in respect of the Pledged Stock and all
        payments made in respect of the Pledged Notes, in each case paid in the normal
        course of business of the relevant Issuer and consistent with past practice,
        to
        the extent permitted in the Credit Agreement, and to exercise all voting
        and
        corporate or other organizational rights with respect to the Investment
        Property; provided,
        however,
        that no
        vote shall be cast or corporate or other organizational right exercised or
        other
        action taken which, in the Administrative Agent’s reasonable judgment, would
        impair the Collateral or which would be inconsistent with or result in any
        violation of any provision of the Credit Agreement, this Agreement or any
        other
        Loan Document.

      

                  (b)  If
        an
        Event of Default shall occur and be continuing and the Administrative Agent
        shall give written notice of its intent to exercise such rights to the relevant
        Domestic Loan Party, (i) the Administrative Agent shall have the right to
        receive any and all cash dividends, payments or other Proceeds paid in respect
        of the Investment Property and make application thereof to the Obligations
        in
        such order as the Administrative Agent may determine, and (ii) any or all
        of the
        Investment Property shall be registered in the name of the Administrative
        Agent
        or its nominee, and the Administrative Agent or its nominee may thereafter
        exercise (x) all voting, corporate and other rights pertaining to such
        Investment Property at any meeting of shareholders of the relevant Issuer
        or
        Issuers or otherwise and (y) any and all rights of conversion, exchange and
        subscription and any other rights, privileges or options pertaining to such
        Investment Property as if it were the absolute owner thereof (including,
        without
        limitation, the right to exchange at its discretion any and all of the
        Investment Property upon the merger, consolidation, reorganization,
        recapitalization or other fundamental change in the corporate or other
        organizational structure of any Issuer, or upon the exercise by any Domestic
        Loan Party or the Administrative Agent of any right, privilege or option
        pertaining to such Investment Property, and in connection therewith, the
        right
        to deposit and deliver any and all of the Investment Property with any
        committee, depositary, transfer agent, registrar or other designated agency
        upon
        such terms and conditions as the Administrative Agent may determine), all
        without liability except to account for property actually received by it,
        but
        the Administrative Agent shall have no duty to any Domestic Loan Party to
        exercise any such right, privilege or option and shall not be responsible
        for
        any failure to do so or delay in so doing.

      

                  (c)  Each
        Domestic Loan Party hereby authorizes and instructs each Issuer of any
        Investment Property pledged by such Domestic Loan Party hereunder to (i)
        comply
        with any instruction received by it from the Administrative Agent in writing
        that (x) states that an Event of Default has occurred and is continuing and
        (y)
        is otherwise in 

      
        
          
          

        

        
          19

          
            

          

        

        
          
          

        

      

      accordance
        with the terms of this Agreement, without any other or further instructions
        from
        such Domestic Loan Party, and each Domestic Loan Party agrees that each Issuer
        shall be fully protected in so complying, and (ii) unless otherwise expressly
        permitted hereby, pay any dividends or other payments with respect to the
        Investment Property directly to the Administrative Agent.

       

      6.4    Proceeds
        to be Turned Over To Agent.
        In
        addition to the rights of the Administrative Agent and the Lenders specified
        in
        Section 6.1 with respect to payments of Receivables, if an Event of Default
        shall occur and be continuing and the Administrative Agent shall give written
        notice of its intent to exercise such rights to the relevant Domestic Loan
        Party, all Proceeds received by any Domestic Loan Party consisting of cash,
        checks and cash equivalents shall be held by such Domestic Loan Party in
        trust
        for the Administrative Agent and the Lenders and shall, forthwith upon receipt
        by such Domestic Loan Party, be turned over to the Administrative Agent in
        the
        exact form received by such Domestic Loan Party (duly indorsed by such Domestic
        Loan Party to the Administrative Agent, if required). All Proceeds received
        by
        the Administrative Agent hereunder shall be held by the Administrative Agent
        in
        a Collateral Account maintained under its sole dominion and control. All
        Proceeds while held by the Administrative Agent in a Collateral Account (or
        by
        such Domestic Loan Party in trust for the Administrative Agent and the Lenders)
        shall continue to be held as collateral security for all the Obligations
        and
        shall not constitute payment thereof until applied as provided in Section
        6.5.

       

      6.5    Application
        of Proceeds.
        At such
        intervals as may be agreed upon by the Company and the Administrative Agent,
        or,
        if an Event of Default shall have occurred and be continuing, at any time
        at the
        Administrative Agent’s election, the Administrative Agent may apply all or any
        part of Proceeds constituting Collateral, whether or not held in any Collateral
        Account, in payment of the Obligations in the order set forth in Section
        8.03 of
        the Credit Agreement, and each Domestic Loan Party irrevocably waives the
        right
        to direct the application of such payments and proceeds.

       

      6.6    Code
        and Other Remedies.
        If an
        Event of Default shall occur and be continuing, the Administrative Agent,
        on
        behalf of the Lenders, may exercise, in addition to all other rights and
        remedies granted to them in this Agreement and in any other instrument or
        agreement securing, evidencing or relating to the Obligations, all rights
        and
        remedies of a secured party under the New York UCC or any other applicable
        law.
        Without limiting the generality of the foregoing, the Administrative Agent,
        without demand of performance or other demand, presentment, protest,
        advertisement or notice of any kind (except any notice required by law referred
        to below) to or upon any Domestic Loan Party or any other Person (all and each
        of which demands, defenses, advertisements and notices are hereby waived),
        may
        in such circumstances forthwith collect, receive, appropriate and realize
        upon
        the Collateral, or any part thereof, and/or may forthwith sell, lease, assign,
        give option or options to purchase, or otherwise dispose of and deliver the
        Collateral or any part thereof (or contract to do any of the foregoing),
        in one
        or more parcels at public or private sale or sales, at any exchange, broker’s
        board or office of the Administrative Agent or any Lender or elsewhere upon
        such
        terms and conditions as it may deem advisable and at such prices as it may
        deem
        best, for cash or on credit or for future delivery without assumption of
        any
        credit risk. The Administrative Agent or any Lender shall have the right
        upon
        any such public sale or sales, and, to the extent permitted by law, upon
        any
        such private sale or sales, to 

      
        
          
          

        

        
          20

          
            

          

        

        
          
          

        

      

      purchase
        the whole or any part of the Collateral so sold, free of any right or equity
        of
        redemption in any Domestic Loan Party, which right or equity is hereby waived
        and released. Each Domestic Loan Party further agrees, at the Administrative
        Agent’s request, to assemble the Collateral and make it available to the
        Administrative Agent at places which the Administrative Agent shall reasonably
        select, whether at such Domestic Loan Party’s premises or elsewhere. The
        Administrative Agent shall apply the net proceeds of any action taken by
        it
        pursuant to this Section 6.6, after deducting all reasonable costs and expenses
        of every kind incurred in connection therewith or incidental to the care
        or
        safekeeping of any of the Collateral or in any way relating to the Collateral
        or
        the rights of the Administrative Agent and the Lenders hereunder, including,
        without limitation, reasonable attorneys’ fees and disbursements, to the payment
        in whole or in part of the Obligations, in such order as the Administrative
        Agent, with the consent of the Required Lenders, may elect, and only after
        such
        application and after the payment by the Administrative Agent of any other
        amount required by any provision of law, including, without limitation, Section
        9-615(a)(3) of the New York UCC, need the Administrative Agent account for
        the
        surplus, if any, to any Domestic Loan Party. To the extent permitted by
        applicable law, each Domestic Loan Party waives all claims, damages and demands
        it may acquire against the Administrative Agent or any Lender arising out
        of the
        exercise by them of any rights hereunder. If any notice of a proposed sale
        or
        other disposition of Collateral shall be required by law, such notice shall
        be
        deemed reasonable and proper if given at least 10 days before such sale or
        other
        disposition.

       

      6.7    Registration
        Rights.
        (a) If
        the Administrative Agent shall determine to exercise its right to sell any
        or
        all of the Pledged Stock pursuant to Section 6.6, and if in the opinion of
        the
        Administrative Agent it is necessary or advisable to have the Pledged Stock,
        or
        that portion thereof to be sold, registered under the provisions of the
        Securities Act, the relevant Domestic Loan Party will cause the Issuer thereof
        to (i) execute and deliver, and cause the directors and officers of such
        Issuer
        to execute and deliver, all such instruments and documents, and do or cause
        to
        be done all such other acts as may be, in the opinion of the Administrative
        Agent, necessary or advisable to register the Pledged Stock, or that portion
        thereof to be sold, under the provisions of the Securities Act, (ii) use
        its
        best efforts to cause the registration statement relating thereto to become
        effective and to remain effective for a period of one year from the date
        of the
        first public offering of the Pledged Stock, or that portion thereof to be
        sold,
        and (iii) make all amendments thereto and/or to the related prospectus which,
        in
        the opinion of the Administrative Agent, are necessary or advisable, all
        in
        conformity with the requirements of the Securities Act and the rules and
        regulations of the Securities and Exchange Commission applicable thereto.
        Each
        Domestic Loan Party agrees to cause such Issuer to comply with the provisions
        of
        the securities or “Blue Sky” laws of any and all jurisdictions which the
        Administrative Agent shall designate and to make available to its security
        holders, as soon as practicable, an earnings statement (which need not be
        audited) that will satisfy the provisions of Section 11(a) of the Securities
        Act.

      

                  (b)  Each
        Domestic Loan Party recognizes that the Administrative Agent may be unable
        to
        effect a public sale of any or all the Pledged Stock, by reason of certain
        prohibitions contained in the Securities Act and applicable state securities
        laws or otherwise, and may be compelled to resort to one or more private
        sales
        thereof to a restricted group of purchasers which will be obliged to agree,
        among other things, to acquire such securities for their own account for
        investment and not with a view to the distribution or resale thereof. Each
        Domestic Loan Party acknowledges and agrees that any such private sale may
        result in prices and other terms less favorable than if such sale were a
        public
        sale and, 

      
        
          
          

        

        
          21

          
            

          

        

        
          
          

        

      

      notwithstanding
        such circumstances, agrees that any such private sale shall be deemed to
        have
        been made in a commercially reasonable manner. The Administrative Agent shall
        be
        under no obligation to delay a sale of any of the Pledged Stock for the period
        of time necessary to permit the Issuer thereof to register such securities
        for
        public sale under the Securities Act, or under applicable state securities
        laws,
        even if such Issuer would agree to do so.

      

                  (c)  Each
        Domestic Loan Party agrees to use its best efforts to do or cause to be done
        all
        such other acts as may be necessary to make such sale or sales of all or
        any
        portion of the Pledged Stock pursuant to this Section 6.7 valid and binding
        and
        in compliance with any and all other applicable Laws. Each Domestic Loan
        Party
        further agrees that a breach of any of the covenants contained in this Section
        6.7 will cause irreparable injury to the Administrative Agent and the Lenders,
        that the Administrative Agent and the Lenders have no adequate remedy at
        law in
        respect of such breach and, as a consequence, that each and every covenant
        contained in this Section 6.7 shall be specifically enforceable against such
        Domestic Loan Party, and such Domestic Loan Party hereby waives and agrees
        not
        to assert any defenses against an action for specific performance of such
        covenants except for a defense that no Event of Default has occurred under
        the
        Credit Agreement.

       

      6.8    Deficiency.
        Each
        Domestic Loan Party shall remain liable for any deficiency if the proceeds
        of
        any sale or other disposition of the Collateral are insufficient to pay its
        Obligations and the fees and disbursements of any attorneys employed by the
        Administrative Agent or any Lender to collect such deficiency.

       

      SECTION
        7. THE
        ADMINISTRATIVE AGENT

       

      7.1    Agent’s
        Appointment as Attorney-in-Fact, etc.
        (a)
        Each Domestic Loan Party hereby irrevocably constitutes and appoints the
        Administrative Agent and any officer or agent thereof, with full power of
        substitution, as its true and lawful attorney-in-fact with full irrevocable
        power and authority in the place and stead of such Domestic Loan Party and
        in
        the name of such Domestic Loan Party or in its own name, for the purpose
        of
        carrying out the terms of this Agreement, to take any and all appropriate
        action
        and to execute any and all documents and instruments which may be necessary
        or
        desirable to accomplish the purposes of this Agreement, and, without limiting
        the generality of the foregoing, each Domestic Loan Party hereby gives the
        Administrative Agent the power and right, on behalf of such Domestic Loan
        Party,
        without notice to or assent by such Domestic Loan Party, to do any or all
        of the
        following:

      

          (i)  in
        the
        name of such Domestic Loan Party or its own name, or otherwise, take possession
        of and indorse and collect any checks, drafts, notes, acceptances or other
        instruments for the payment of moneys due under any Receivable or with respect
        to any other Collateral and file any claim or take any other action or
        proceeding in any court of law or equity or otherwise deemed appropriate
        by the
        Administrative Agent for the purpose of collecting any and all such moneys
        due
        under any Receivable or with respect to any other Collateral whenever
        payable;

      

          (ii)  in
        the
        case of any Intellectual Property, execute and deliver, and have recorded,
        any
        and all agreements, instruments, documents and papers as the Administrative
        Agent may request to evidence the Administrative Agent’s and the Lenders’
security interest in such Intellectual Property and the goodwill and general
        intangibles of such Domestic Loan Party relating thereto or represented
        thereby;

      
        
          
          

        

        
          22

          
            

          

        

        
          
          

        

      

       

          (iii)  pay
        or
        discharge taxes and Liens levied or placed on or threatened against the
        Collateral, effect any repairs or any insurance called for by the terms of
        this
        Agreement and pay all or any part of the premiums therefor and the costs
        thereof;

      

          (iv)  execute,
        in connection with any sale provided for in Section 6.6 or 6.7, any
        indorsements, assignments or other instruments of conveyance or transfer
        with
        respect to the Collateral; and

      

          (v)  (1)
        direct any party liable for any payment under any of the Collateral to make
        payment of any and all moneys due or to become due thereunder directly to
        the
        Administrative Agent or as the Administrative Agent shall direct; ask or
        demand
        for, collect, and receive payment of and receipt for, any and all moneys,
        claims
        and other amounts due or to become due at any time in respect of or arising
        out
        of any Collateral; sign and indorse any invoices, freight or express bills,
        bills of lading, storage or warehouse receipts, drafts against debtors,
        assignments, verifications, notices and other documents in connection with
        any
        of the Collateral; commence and prosecute any suits, actions or proceedings
        at
        law or in equity in any court of competent jurisdiction to collect the
        Collateral or any portion thereof and to enforce any other right in respect
        of
        any Collateral; defend any suit, action or proceeding brought against such
        Domestic Loan Party with respect to any Collateral; settle, compromise or
        adjust
        any such suit, action or proceeding and, in connection therewith, give such
        discharges or releases as the Administrative Agent may deem appropriate;
        assign
        any Copyright, Patent or Trademark (along with the goodwill of the business
        to
        which any such Copyright, Patent or Trademark pertains), throughout the world
        for such term or terms, on such conditions, and in such manner, as the
        Administrative Agent shall in its sole discretion determine; and generally,
        sell, transfer, pledge and make any agreement with respect to or otherwise
        deal
        with any of the Collateral as fully and completely as though the Administrative
        Agent were the absolute owner thereof for all purposes, and do, at the
        Administrative Agent’s option and such Domestic Loan Party’s expense, at any
        time, or from time to time, all acts and things which the Administrative
        Agent
        deems necessary to protect, preserve or realize upon the Collateral and the
        Administrative Agent’s and the Lenders’ security interests therein and to effect
        the intent of this Agreement, all as fully and effectively as such Domestic
        Loan
        Party might do.

      

                  Anything
        in this
        Section 7.1(a) to the contrary notwithstanding, the Administrative Agent
        agrees
        that it will not exercise any rights under the power of attorney provided
        for in
        this Section 7.1(a) unless an Event of Default shall have occurred and be
        continuing.

      

                  (b)  If
        any
        Domestic Loan Party fails to perform or comply with any of its agreements
        contained herein, the Administrative Agent, at its option, but without any
        obligation so to do, may perform or comply, or otherwise cause performance
        or
        compliance, with such agreement.

      
        
          
          

        

        
          23

          
            

          

        

        
          
          

        

      

      

                  (c)  The
        expenses of the Administrative Agent incurred in connection with actions
        undertaken as provided in this Section 7.1, together with interest thereon
        at a
        rate per annum equal to the highest rate per annum at which interest would
        then
        be payable on any category of past due Base Rate Loans under the Credit
        Agreement, from the date of payment by the Administrative Agent to the date
        reimbursed by the relevant Domestic Loan Party, shall be payable by such
        Domestic Loan Party to the Administrative Agent on demand.

      

                  (d)  All
        powers, authorizations and agencies contained in this Agreement are coupled
        with
        an interest and are irrevocable until this Agreement is terminated and the
        security interests created hereby are released.

       

      7.2    Duty
        of the Administrative Agent.
        The
        Administrative Agent’s sole duty with respect to the custody, safekeeping and
        physical preservation of the Collateral in its possession, under Section
        9-207
        of the New York UCC or otherwise, shall be to deal with it in the same manner
        as
        the Administrative Agent deals with similar property for its own account.
        Neither the Administrative Agent, any Lender nor any of their respective
        officers, directors, employees or agents shall be liable for failure to demand,
        collect or realize upon any of the Collateral or for any delay in doing so
        or
        shall be under any obligation to sell or otherwise dispose of any Collateral
        upon the request of any Domestic Loan Party or any other Person or to take
        any
        other action whatsoever with regard to the Collateral or any part thereof.
        The
        powers conferred on the Administrative Agent and the Lenders hereunder are
        solely to protect the Administrative Agent’s and the Lenders’ interests in the
        Collateral and shall not impose any duty upon the Administrative Agent or
        any
        Lender to exercise any such powers. The Administrative Agent and the Lenders
        shall be accountable only for amounts that they actually receive as a result
        of
        the exercise of such powers, and neither they nor any of their officers,
        directors, employees or agents shall be responsible to any Domestic Loan
        Party
        for any act or failure to act hereunder, except for their own gross negligence
        or willful misconduct.

       

      7.3    Execution
        of Financing Statements.
        Pursuant to any applicable law, each Domestic Loan Party authorizes the
        Administrative Agent to file or record financing statements and other filing
        or
        recording documents or instruments with respect to the Collateral without
        the
        signature of such Domestic Loan Party in such form and in such offices as
        the
        Administrative Agent reasonably determines appropriate to perfect the security
        interests of the Administrative Agent under this Agreement. Each Domestic
        Loan
        Party authorizes the Administrative Agent to use the collateral description
“all
        personal property” or “all assets” in any such financing statements. Each
        Domestic Loan Party hereby ratifies and authorizes the filing by the
        Administrative Agent of any financing statement with respect to the Collateral
        made prior to the date hereof.

       

      7.4    Authority
        of the Administrative Agent.
        Each
        Domestic Loan Party acknowledges that the rights and responsibilities of
        the
        Administrative Agent under this Agreement with respect to any action taken
        by
        the Administrative Agent or the exercise or non-exercise by the Administrative
        Agent of any option, voting right, request, judgment or other right or remedy
        provided for herein or resulting or arising out of this Agreement shall,
        as
        between the Administrative Agent and the Lenders, be governed by the Credit
        Agreement and by such other agreements with respect thereto as may exist
        from
        time to time among them, but, as between the Administrative Agent and the
        Domestic Loan Parties, 

      
        
          
          

        

        
          24

          
            

          

        

        
          
          

        

      

      the
        Administrative Agent shall be conclusively presumed to be acting as agent
        for
        the Lenders with full and valid authority so to act or refrain from acting,
        and
        no Domestic Loan Party shall be under any obligation, or entitlement, to
        make
        any inquiry respecting such authority.

       

      SECTION
        8. MISCELLANEOUS

       

      8.1    Amendments
        in Writing.
        None of
        the terms or provisions of this Agreement may be waived, amended, supplemented
        or otherwise modified except in accordance with Section 10.02 of the Credit
        Agreement.

       

      8.2    Notices.
        All
        notices, requests and demands to or upon the Administrative Agent or any
        Domestic Loan Party hereunder shall be effected in the manner provided for
        in
        Section 10.02 of the Credit Agreement; provided that any such notice, request
        or
        demand to or upon any Domestic Loan Party shall be addressed to such Domestic
        Loan Party at its notice address set forth on Schedule
        1.

       

      8.3    No
        Waiver by Course of Conduct; Cumulative Remedies.
        Neither
        the Administrative Agent nor any Lender shall by any act (except by a written
        instrument pursuant to Section 8.1), delay, indulgence, omission or otherwise
        be
        deemed to have waived any right or remedy hereunder or to have acquiesced
        in any
        Default or Event of Default. No failure to exercise, nor any delay in
        exercising, on the part of the Administrative Agent or any Lender, any right,
        power or privilege hereunder shall operate as a waiver thereof. No single
        or
        partial exercise of any right, power or privilege hereunder shall preclude
        any
        other or further exercise thereof or the exercise of any other right, power
        or
        privilege. A waiver by the Administrative Agent or any Lender of any right
        or
        remedy hereunder on any one occasion shall not be construed as a bar to any
        right or remedy which the Administrative Agent or such Lender would otherwise
        have on any future occasion. The rights and remedies herein provided are
        cumulative, may be exercised singly or concurrently and are not exclusive
        of any
        other rights or remedies provided by law.

       

      8.4    Enforcement
        Expenses; Indemnification.
        i)
        Each
        Domestic Loan Party agrees to pay or reimburse each Lender and the
        Administrative Agent for all its costs and expenses incurred in collecting
        against such Domestic Loan Party under the guarantee contained in Section
        2 or
        otherwise enforcing or preserving any rights under this Agreement and the
        other
        Loan Documents to which such Domestic Loan Party is a party, including, without
        limitation, the reasonable fees and disbursements of counsel (including the
        allocated fees and expenses of in-house counsel) to each Lender and of counsel
        to the Administrative Agent.

      

                  (b)  Each
        Domestic Loan Party agrees to pay, and to save the Administrative Agent and
        the
        Lenders harmless from, any and all liabilities with respect to, or resulting
        from any delay in paying, any and all stamp, excise, sales or other taxes
        which
        may be payable or determined to be payable with respect to any of the Collateral
        or in connection with any of the transactions contemplated by this Agreement
        to
        the extent the Company would be required to do so pursuant to Section 10.04
        of
        the Credit Agreement.

      

                  (c)  Each
        Domestic Loan Party agrees to pay, and to save the Administrative Agent and
        the
        Lenders harmless from, any and all liabilities, obligations, losses, damages,
        penalties, actions, judgments, suits, costs, expenses or disbursements of
        any
        kind or nature whatsoever with respect to the execution, delivery, enforcement,
        performance and administration of this Agreement to the extent the Company
        would
        be required to do so pursuant to Section 10.04 of the Credit
        Agreement.

      
        
          
          

        

        
          25

          
            

          

        

        
          
          

        

      

       

                  (d)  The
        agreements in this Section 8.4 shall survive repayment of the Obligations
        and
        all other amounts payable under the Credit Agreement and the other Loan
        Documents.

       

      8.5    Successors
        and Assigns.
        This
        Agreement shall be binding upon the successors and assigns of each Domestic
        Loan
        Party and shall inure to the benefit of the Administrative Agent and the
        Lenders
        and their successors and assigns; provided that (i) no Domestic Loan Party
        may
        assign, transfer or delegate any of its rights or obligations under this
        Agreement without the prior written consent of the Administrative Agent and
        (ii)
        this Section 8.5 is subject to Section 8.17(b).

       

      8.6    Set-Off.
        Each
        Domestic Loan Party hereby irrevocably authorizes the Administrative Agent
        and
        each Lender at any time and from time to time while an Event of Default pursuant
        to Section 8.01(a) of the Credit Agreement shall have occurred and be
        continuing, without notice to such Domestic Loan Party or any other Domestic
        Loan Party, any such notice being expressly waived by each Domestic Loan
        Party,
        to set-off and appropriate and apply any and all deposits (general or special,
        time or demand, provisional or final), in any currency, and any other credits,
        indebtedness or claims, in any currency, in each case whether direct or
        indirect, absolute or contingent, matured or unmatured, at any time held
        or
        owing by the Administrative Agent or such Lender to or for the credit or
        the
        account of such Domestic Loan Party, or any part thereof in such amounts
        as the
        Administrative Agent or such Lender may elect, against and on account of
        the
        obligations and liabilities of such Domestic Loan Party to the Administrative
        Agent or such Lender hereunder and claims of every nature and description
        of the
        Administrative Agent or such Lender against such Domestic Loan Party, in
        any
        currency, whether arising hereunder, under the Credit Agreement, any other
        Loan
        Document or otherwise, as the Administrative Agent or such Lender may elect,
        whether or not the Administrative Agent or any Lender has made any demand
        for
        payment and although such obligations, liabilities and claims may be contingent
        or unmatured. As security for the Obligations, each Domestic Loan Party hereby
        grants a security interest to each Lender in all deposits of such Domestic
        Loan
        Party with such Lender. The Administrative Agent and each Lender shall notify
        such Domestic Loan Party promptly of any such set-off and the application
        made
        by the Administrative Agent or such Lender of the proceeds thereof, provided
        that the
        failure to give such notice shall not affect the validity of such set-off
        and
        application. The rights of the Administrative Agent and each Lender under
        this
        Section 8.6 are in addition to other rights and remedies (including, without
        limitation, other rights of set-off) which the Administrative Agent or such
        Lender may have.

       

      8.7    Foreign
        Currency.
        If the
        Administrative Agent so notifies a Domestic Loan Party in writing, at the
        Administrative Agent’s sole and absolute discretion, payments under this
        Guaranty and Collateral Agreement shall be the U.S. Dollar equivalent of
        the
        Obligations or any portion thereof, determined as of the date payment is
        made.
        If any claim arising under or related to this Guaranty and Collateral Agreement
        is reduced to judgment denominated in a currency (the “Judgment Currency”) other
        than the currencies in which the 

      
        
          
          

        

        
          26

          
            

          

        

        
          
          

        

      

      Obligations
        are denominated or the currencies payable hereunder (collectively the
“Obligations Currency”), the judgment shall be for the equivalent in the
        Judgment Currency of the amount of the claim denominated in the Obligations
        Currency included in the judgment, determined as of the date of judgment.
        The
        equivalent of any Obligations Currency amount in any Judgment Currency shall
        be
        calculated at the spot rate for the purchase of the Obligations Currency
        with
        the Judgment Currency quoted by the Administrative Agent in the place of
        the
        Administrative Agent’s choice at or about 8:00 a.m. on the date for
        determination specified above. Each Domestic Loan Party shall indemnify the
        Administrative Agent and the Lenders and hold the Administrative Agent and
        the
        Lenders harmless from and against all loss or damage resulting from any change
        in exchange rates between the date any claim is reduced to judgment and the
        date
        of payment thereof by the Domestic Loan Parties or any failure of the amount
        of
        any such judgment to be calculated as provided in this paragraph.

       

      8.8    Counterparts.
        This
        Agreement may be executed by one or more of the parties to this Agreement
        on any
        number of separate counterparts (including by telecopy), and all of said
        counterparts taken together shall be deemed to constitute one and the same
        instrument.

       

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

       

      8.10    Section
        Headings.
        The
        Section headings used in this Agreement are for convenience of reference
        only
        and are not to affect the construction hereof or be taken into consideration
        in
        the interpretation hereof.

       

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

       

      8.12    GOVERNING
        LAW.
        THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE
        WITH, THE LAW OF THE STATE OF NEW YORK.

       

      8.13    Submission
        To Jurisdiction; Waivers.
        Each
        Domestic Loan Party hereby irrevocably and unconditionally:

      

        (a)  submits
        for itself and its property in any legal action or proceeding relating to
        this
        Agreement and the other Loan Documents to which it is a party, or for
        recognition and enforcement of any judgment in respect thereof, to the
        non-exclusive general jurisdiction of the courts of the State of New York,
        the
        courts of the United States of America for the Southern District of New York,
        and appellate courts from any thereof;

      

       
(b)  consents
        that any such action or proceeding may be brought in such courts and waives
        any
        objection that it may now or hereafter have to the venue of any such action
        or
        proceeding in any such court or that such action or proceeding was brought
        in an
        inconvenient court and agrees not to plead or claim the same;

      
        
          
          

        

        
          27

          
            

          

        

        
          
          

        

      

       

        (c)  agrees
        that service of process in any such action or proceeding may be effected
        by
        mailing a copy thereof by registered or certified mail (or any substantially
        similar form of mail), postage prepaid, to such Domestic Loan Party at its
        address referred to in Section 8.2 or at such other address of which the
        Administrative Agent shall have been notified pursuant thereto;

      

        (d)  agrees
        that nothing herein shall affect the right to effect service of process in
        any
        other manner permitted by law or shall limit the right to sue in any other
        jurisdiction; and waives, to the maximum extent not prohibited by law, any
        right
        it may have to claim or recover in any legal action or proceeding referred
        to in
        this Section any special, exemplary, punitive or consequential
        damages.

       

      8.14    Acknowledgements.
        Each
        Domestic Loan Party hereby acknowledges that:

      

        (a)  it
        has
        been advised by counsel in the negotiation, execution and delivery of this
        Agreement and the other Loan Documents to which it is a party; 

      

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

      

        (c)  no
        joint
        venture is created hereby or by the other Loan Documents or otherwise exists
        by
        virtue of the transactions contemplated hereby among the Lenders or among
        the
        Domestic Loan Parties and the Lenders.

       

      8.15    WAIVER
        OF JURY TRIAL.
        EACH
        DOMESTIC LOAN PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY
        JURY
        IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER
        LOAN
        DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

       

      8.16    Additional
        Domestic Loan Parties.
        Each
        Subsidiary of the Company that is required to become a party to this Agreement
        pursuant to Section 6.13 of the Credit Agreement shall become a Domestic
        Loan
        Party for all purposes of this Agreement upon execution and delivery by such
        Subsidiary of an Assumption Agreement in the form of Annex 1
        hereto.

       

      8.17    Releases.
        (a) At
        such time as the Loans, the Reimbursement Obligations and the other Obligations
        (other than Obligations in respect of Related Credit Arrangements) shall
        have
        been paid in full, the Commitments have been terminated and no Letters of
        Credit
        shall be outstanding, the Collateral shall be released from the Liens created
        hereby, and this Agreement and all obligations (other than those expressly
        stated to survive such termination) of the Administrative Agent and each
        Domestic Loan Party hereunder shall terminate, all without delivery of any
        instrument or performance of any act by any party, and all rights to the
        Collateral shall revert to the Domestic Loan Parties. At the request

      
        
          
          

        

        
          28

          
            

          

        

        
          
          

        

      

      and
        sole
        expense of any Domestic Loan Party following any such termination, the
        Administrative Agent shall deliver to such Domestic Loan Party any Collateral
        held by the Administrative Agent hereunder, and execute and deliver to such
        Domestic Loan Party such documents as such Domestic Loan Party shall reasonably
        request to evidence such termination.

      

                  (b)  If
        any of
        the Collateral shall be sold, transferred or otherwise disposed of by any
        Domestic Loan Party in a transaction permitted by the Credit Agreement, then
        the
        Administrative Agent, at the request and sole expense of such Domestic Loan
        Party, shall execute and deliver to such Domestic Loan Party all releases
        or
        other documents reasonably necessary or desirable for the release of the
        Liens
        created hereby on such Collateral. At the request and sole expense of the
        Company, a Domestic Loan Party shall be released from its obligations hereunder
        in the event that all the Capital Stock of such Domestic Loan Party shall
        be
        sold, transferred or otherwise disposed of in a transaction permitted by
        the
        Credit Agreement; provided
        that the
        Company shall have delivered to the Administrative Agent, at least ten Business
        Days prior to the date of the proposed release, a written request for release
        identifying the relevant Domestic Loan Party and the terms of the sale or
        other
        disposition in reasonable detail, including the price thereof and any expenses
        in connection therewith, together with a certification by the Company stating
        that such transaction is in compliance with the Credit Agreement and the
        other
        Loan Documents.

       

      * * *

      
        
          
            

          

          
          

        

        
          29

          
            

          

        

        
          
          

          
            

          

        

      

      IN
        WITNESS WHEREOF, each of the undersigned has caused this Guaranty and Collateral
        Agreement to be duly executed and delivered as of the date first above
        written.

      

      

      
        	
                AFTERMARKET
                  TECHNOLOGY CORP.

                 

                 

                By: /s/
                  Joseph Salamunovich                                         

              
	
                Name: Joseph
                  Salamunovich 

              
	
                Title: Vice
                  President 

              

      

      

      

      
        	
                AARON’S
                  AUTOMOTIVE PRODUCTS, INC.

                ACI
                  ELECTRONICS HOLDING CORP.

                ACI
                  ELECTRONICS INVESTMENT CORP.

                ATC
                  INFORMATION SERVICES, INC.

                ATS
                  REMANUFACTURING, INC. 

                AUTOCRAFT
                  INDUSTRIES, INC. 

                AUTOCRAFT
                  REMANUFACTURING CORP.

                PROFORMANCE
                  POWERTRAIN PRODUCTS, INC.

                 

                 

                By: /s/
                  Joseph Salamunovich                                         

              
	
                Name: Joseph
                  Salamunovich 

              
	
                Title: Vice
                  President 

              

      

      

      

      
        	
                ATC
                  LOGISTICS & ELECTRONICS, L.P.

                 

                By:    ACI
                  ELECTRONICS HOLDING CORP., 

                      its
                  General
                  Partner

                 

                 

                      By: /s/
                  Joseph Salamunovich                                   

              
	
                      Name: Joseph
                  Salamunovich     

              
	
                      Title: Vice
                  President 

              

      

      

      
        
          
          

        

        
          30

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]