Document:

Manufacturing Agreement with National Archive Publishing Company

 Exhibit 10.3 
  
 EXECUTION VERSION 
  
 Exhibit C 
  
 MANUFACTURING AGREEMENT WITH NATIONAL 
  
 ARCHIVE PUBLISHING COMPANY 
  
 This MANUFACTURING AGREEMENT is made as of October 28, 2005 (this “Agreement”) between PROQUEST INFORMATION AND LEARNING COMPANY, a corporation organized under the laws of the State of Delaware
(“Seller”) and NATIONAL ARCHIVE PUBLISHING COMPANY, a corporation organized under the laws of the State of Michigan (“Buyer”). 
  

WHEREAS, Seller and Buyer have entered into an Asset Purchase Agreement dated October 28, 2005 (the “Purchase Agreement”) for the
sale of the Periodicals Microform Business, the Production Assets, the XanEdu Business and the Facility (each as defined in the Purchase Agreement); 
  
 WHEREAS, Buyer wishes to provide to Seller, and Seller wishes to receive from Buyer, on a preferred provider basis certain Services (as defined below)
relating to the manufacture, shipping and delivery of the ProQuest Retained Microform Products (as defined in the Purchase Agreement) and digital versions thereof, together with certain other Services to the extent provided in this Agreement; and

  
 WHEREAS, Sections 2.02(iii) and 2.03(v) of the Purchase
Agreement provide that, at the Closing, each of Seller and Buyer, respectively, shall deliver or cause to be delivered to the other party a duly executed counterpart to this Agreement; 
  
 NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
  
 1. DEFINITIONS 
  
 1.1 Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Purchase Agreement. 
  
 1.2 “Buyer’s Cost” means Buyer’s reasonable costs
for providing Services hereunder, consisting of Cost Per Unit and Overhead, but excluding all executive compensation, marketing expenses, interest on loans of Buyer, rent/mortgage on the Facility, capital expenditures not agreed to by Seller
pursuant to Section 2.6 hereof, and all other costs not expressly included as components of Buyer’s Cost on Schedule D hereto or agreed to by Seller pursuant to Section 2.6 hereof. 

 1.3 “Change of Control” has the meaning set forth in Section 15.2 of this
Agreement. 
  
 1.4 “Conversion” means
(i) Digitization, when related to the reformation of a digital file (e.g. PDF, MSWord) into a master image and/or (ii) the creation of a secondary output file (e.g. ASCII, XML, HTML, SGML) from a digital file or image. 
  
 1.5 “Cost Per Unit” means the costs for direct manufacturing
labor, indirect manufacturing labor, raw material, supplies and other costs set forth on Schedule D hereto. 
  
 1.6 “CRC” has the meaning set forth in Section 2.5 of this Agreement. 
  
 1.7 “Executives” means, in the case of Seller, Suzanne BeDell and Rod Gauvin, as applicable based on the
subject matter of the dispute, and in the case of Buyer, Daniel Arbour, Joe Mills, Tim Mitchell and Jeff Moyer. 
  
 1.8 “Extended Term” has the meaning set forth in Section 7.2 of this Agreement. 
  
 1.9 “Force Majeure” has the meaning set forth in
Section 5.1 of this Agreement. 
  
 1.10 “Guaranteed
Minimum Amount” has the meaning set forth in Section 2.2(a) of this Agreement. 
  
 1.11 “Initial Term” has the meaning set forth in Section 7.1 of this Agreement. 
  
 1.12 “Market Cost” has the meaning set forth in Section 2.3 of this Agreement. 
  
 1.13 “Material Breach” has the meaning set forth in
Section 11.1(b) of this Agreement. 
  
 1.14 “Notice
of Non-Compliance” has the meaning set forth in Section 2.8(b) of this Agreement. 
  
 1.15 “Overhead” means the costs of Buyer for utilities, including heat, electricity, water, sewer, and gas, allocated pro rata to Seller
on the basis of the square footage estimates set forth in Schedule D attached hereto. 
  
 1.16 “Relationship Manager” has the meaning set forth in Section 2.8(a) of this Agreement. 
  
 1.17 “Seller’s Requirements” means Seller’s then-current requirements for the Services for all of Seller’s existing
businesses as of the date hereof, excluding requirements of (i) Seller’s outsourcing to its Chadwyck-Healy division in the United Kingdom and (ii) any businesses acquired by Seller after the date hereof, provided that Seller does not
divert to any such business any requirements that would ordinarily be provided by Buyer under this Agreement. For the avoidance of doubt, Seller’s Requirements shall (i) include any requirements resulting from the Conversion portion
(consisting of the types of Services contemplated to be provided by Buyer under this Agreement) of any contract entered into by Seller with a third party that provides for both (A) Conversion and (B) distribution of Periodicals, Newspapers
or Research Collections, regardless of whether the Conversion portion of such contract is performed by Buyer, and (ii) exclude any requirements of Seller after the date hereof arising as a result of any contract with any third party identified
on Schedule A hereto. 
  

 2 

 1.18 “Service” means any service, function or responsibility set forth in the Statements
of Work. 
  
 1.19 “Service Fees” means the fees
that are payable by Seller in exchange for the Services provided by Buyer in accordance with this Agreement. 
  
 1.20 “Service Level” has the meaning set forth in Section 2.4 of this Agreement. 
  
 1.21 “Shortfall” has the meaning set forth in
Section 2.2(b) of this Agreement. 
  
 1.22
“Statements of Work” means the statements of work relating to the Services attached as Schedule B hereto, as amended or supplemented from time to time by the mutual agreement of the parties, including, as of the date hereof:

  
 1.01 Microform Production (Masters) 
  
 1.02 Vault Management for All Products 
  
 1.03 Paper Scan of Periodicals and Dissertations 
  
 1.04 PDF Dissertation Conversion and Pagination 
  
 1.05 Paper Scan and Conversion of PDF Newspapers 
  
 1.06 Serial and Collection Film Scanning (APS, HNP, EEBO, etc) 
  
 1.07 Book Film Scanning (Dissertations & BOD) 
  
 1.08 Product Distribution and Fulfillment 
  
 1.23 “Term” means the Initial Term, and if extended in
accordance with Section 7.2, the Extended Term. 
  
 1.24
“Works” has the meaning set forth in Section 6.2 of this Agreement. 
  
 2. PROVISION OF SERVICES 
  
 2.1 Provision of Services. Buyer shall provide, or cause to be provided, on a preferred provider basis to Seller the Services set forth in the Statements of Work, at the applicable Service Levels set forth therein, and Seller shall
pay the Service Fees to Buyer for the Services provided, on a preferred provider basis in accordance with the terms and subject to the conditions of this Agreement. 
  

 3 

 2.2 Seller’s Requirements; Guaranteed Minimum Amount; Notice. 
  
 (a) Seller shall purchase from Buyer an annual amount of Services, as
measured by Service Fees due and payable from Seller to Buyer, that shall equal or exceed the greater of (i) eighty percent (80%) of Seller’s Requirements, or (ii) $6,000,000 for the calendar year ending December 31, 2006,
$5,500,000 for the calendar year ending December 31, 2007 and $5,000,000 for each calendar year thereafter through the remainder of the Term (each such dollar amount, the “Guaranteed Minimum Amount” for the applicable calendar
year), provided that Buyer complies with the terms and conditions of this Agreement. The parties agree that there shall be no Guaranteed Minimum Amount for the calendar year ending December 31, 2005. Subject to the provisions of this
Section 2.2(a), Seller may, in its sole discretion, elect at any time to obtain services (including the Services) from a third party not affiliated with Buyer. 
  
 (b) If the aggregate amount of Services purchased by Seller from Buyer, as measured by Service Fees paid from Seller to
Buyer, in any completed calendar year fails to meet or exceed the Guaranteed Minimum Amount for such completed calendar year (each such failure, a “Shortfall”), then Seller shall pay to Buyer on or before February 14 of the
immediately following calendar year an amount equal to the amount of such Shortfall. For the avoidance of doubt, the amount of any Shortfall shall be the difference between (A) the Guaranteed Minimum Amount and (B) the aggregate amount of
Services Fees paid by Seller from Buyer, in each case for the applicable completed calendar year. 
  
 (c) Concurrently with the execution of this Agreement, Seller shall provide to Buyer as Schedule C attached hereto Seller’s estimated monthly
requirements for the Services for the three (3) month period immediately following, but not including, the month in which this Agreement is executed. Seller shall hereafter give notice to Buyer on a rolling monthly basis, no later than the
first Business Day of each month, of Seller’s estimated monthly requirements for the Services for the three (3) month period immediately following, but not including, the month in which such notice is given; provided, however, that,
notwithstanding any such notice of Seller’s estimated requirements in accordance with this Section 2.2, Seller shall not be required under any circumstances to purchase an amount of Services greater than the amount required by
Section 2.2(a) hereof. 
  
 2.3 Buyer’s Duty to
Provide. Buyer shall take all necessary actions to provide, or to cause to be provided, to Seller 100% of Seller’s estimated monthly requirements for the Services pursuant to Section 2.2(c) hereof, including any requirements of Seller
for Services in excess of the Guaranteed Minimum Amount in any calendar year, in accordance with the terms and conditions of this Agreement. In the event that Buyer requests from Seller an increase in Buyer’s Cost for any Service(s) required by
Seller that would exceed by ten percent (10%) or more the Market Cost for such Service(s), Seller shall have the right to decline such Service(s) from Buyer (to the extent that the amount of such Service(s) would exceed the Guaranteed Minimum
Amount for the applicable calendar year) and instead to obtain the affected amount of Service(s) from a third party unaffiliated with Buyer, in which case the full affected amount of such Service(s) so obtained shall be excluded for all purposes of
this Agreement from Seller’s Requirements. For purposes of this Section 2.3, “Market Cost” means the mathematical average of the bids of at least two (2) third parties regularly engaged in the business of providing
the affected Service(s) at comparable quality to provide the affected Service(s) at the same Service Level(s) to Seller. 
  

 4 

 2.4 Service Level. Buyer shall provide each Service to Seller at a service level (the
“Service Level”) that is (i) the Service Level for such Service set forth in Schedule B or the applicable Statement of Work, or, in the absence thereof, (ii) the manner and quality in which such Service, or a substantially
similar service, has heretofore been provided to the Retained Business while Seller owned and operated the Production Assets. 
  
 2.5 Prohibition on Modifications by Buyer. Subject to Section 2.6 hereof, under no circumstances shall Buyer at any time modify the Services
or the Composing Reducing Camera (the “CRC”) or Cold Seal without the prior written approval of Seller, which Seller shall not unreasonably withhold. In the event that Buyer ceases to use the CRC or Cold Seal or any e-Beam Camera
for more than one (1) year or Buyer ceases at any time to be a going concern, Buyer shall notify Seller of the same, and Seller shall have the right to purchase the CRC and/or Cold Seal and/or one (1) e-Beam Camera from Buyer for book
value. 
  
 2.6 Change in Services. In the event that Seller
at any time during the Term desires a material change in any Service (other than pursuant to Section 7 hereof) or any service not listed as a Service, subject to the last sentence of Section 2.2(a) hereof, Seller shall provide reasonable
advance written notice thereof to Buyer and shall consult with Buyer with respect to obtaining such changed Service from Buyer and amending or supplementing the Statements of Work to reflect such changed or new Service, as the case may be, on
mutually agreeable terms and conditions. Buyer agrees to use commercially reasonable efforts to accommodate any such request from Seller for a material change in any Service. The provisions of this Section 2.6 shall be subject to
Section 2.3 hereof. 
  
 2.7 Intellectual Property. The
parties agree that matters relating to Intellectual Property under this Agreement shall be governed by the Software License Agreement and any other applicable agreement(s) contemplated by the Purchase Agreement. 
  
 2.8 Governance. 
  
 (a) Promptly after the date of this Agreement, each party shall designate,
and shall notify the other party of such designation, a representative for communicating with the other party regarding the obligations and duties of the parties under each Statement of Work pursuant to this Agreement (each such representative, a
“Relationship Manager”). The Relationship Managers of Buyer and Seller shall act as the principal points of contact between the parties for all matters relating to the day-to-day provision of Services provided under this Agreement
and shall meet as often as is reasonably necessary in connection therewith. The parties agree that, as a first step, the Relationship Managers shall negotiate all disputes and other matters of joint concern in good faith, with the intention of
resolving issues between them in a mutually satisfactory manner. If, but only if, the Relationship Managers are unable to resolve an issue promptly, either party may submit the issue to dispute resolution pursuant to Section 10 hereof, in
addition to any other rights of such party under this Agreement. Either party may change its Relationship Manager by notice to the other party pursuant to Section 12 hereof. 
  
 (b) In the event that Seller is dissatisfied with the level or quality of any Service provided under this Agreement or
otherwise believes that Buyer is not in full compliance with its obligations under this Agreement, Seller may provide prompt written notice thereof (a “Notice of Non-Compliance”) 
  

 5 

 to Buyer, setting forth in reasonable detail the basis for Seller’s belief as well as Seller’s view of the
actions that should be taken by Buyer to remedy the alleged non-compliance. The Relationship Managers of the parties shall negotiate in good faith to address the alleged deficiency or non-compliance in a commercially reasonable manner. If the
dispute cannot be resolved by the Relationship Managers in a mutually satisfactory manner within thirty (30) days after receipt of such Notice of Non-Compliance, the dispute shall be submitted to dispute resolution in accordance with
Section 10 of this Agreement. 
  
 3. PRICING; BILLING AND PAYMENT; AUDITS
AND ACCESS TO INFORMATION 
  
 3.1 Pricing. Subject to
Section 3.2 and Section 3.3 hereof, Buyer shall provide the Services to Seller at Buyer’s Cost plus an eight percent (8%) mark-up. The components of Buyer’s Cost for the Services are set forth on Schedule D attached
hereto. The parties agree to meet on at least a quarterly basis, beginning in the first quarter of 2006, to review and adjust, to the extent necessary and by mutual agreement, the calculation of Service Fees, the components of Buyer’s Cost set
forth in Schedule D (including any increases therein, or reductions thereof other than as permitted pursuant to Section 3.3), and Service Levels. Buyer will provide Seller with any billing data or other information (including a breakdown
between Cost Per Unit and Overhead) that Seller reasonably requires to determine whether adjustments to Buyer’s Cost for any Service(s) are required. 
  
 3.2 Cost Increase. In the event that Buyer requests a material increase in Buyer’s Cost for any Service(s) over the average Buyer’s Cost
for such Service during the preceding four (4) calendar quarters that is materially greater than the increase in the Consumer Price Index – All Urban Consumers, for the Detroit – Ann Arbor – Flint area, published by the U.S.
Department of Labor, Bureau of Labor Statistics, over the same period, Seller shall have the right to decline such Service(s) from Buyer and instead to obtain the affected Service(s) from a third party unaffiliated with Buyer. In any such case,
(i) the Guaranteed Minimum Amount for the applicable calendar year(s) shall be reduced pro rata by the quotient of (A) the dollar amount paid by Seller to any third party for the affected Services during such year, divided by (B) the
aggregate amount of Service Fees paid by Seller to Buyer during such year, and (ii) the full amount of any such Service(s) so obtained shall be excluded for all purposes of this Agreement from Seller’s Requirements. 
  
 3.3 Cost Reduction. 
  
 (a) In the event that Buyer is able to reduce Buyer’s Cost for any
Service while continuing to perform its obligations in accordance with the terms of this Agreement, Seller agrees, subject to the provisions of this Section 3.3(a), to pay to Buyer, in addition to Buyer’s Cost plus a markup of eight
percent (8%) as set forth in Section 3.1 hereof, an additional amount equal to sixty-five percent (65%) of the amount of such reduction for the duration of such reduction. Buyer agrees to provide reasonable advance written notice of
any such cost reduction. All such reductions and additional amounts shall be reflected in reasonable detail and designated as such in the monthly invoice provided by Buyer to Seller in accordance with Section 3.4. 
  
 (b) If, in any calendar year, Seller purchases an amount of Services from
Buyer that, in the aggregate, equals or exceeds the Guaranteed Minimum Amount for such calendar year, Buyer agrees, subject to Section 2.3 above, to provide any Service(s) in excess of the Guaranteed 
  

 6 

 Minimum Amount for such calendar year at the lesser of (i) Buyer’s Cost for such Service(s) plus a markup of
eight percent (8%), or (ii) an aggregate price for such Service(s) (including Buyer’s markup) equal to the most favorable price charged by Buyer for such Service(s), or substantially similar service(s), to any third party. 
  
 3.4 Billing and Payment. The parties agree that Service Fees shall be
calculated in accordance with Section 3.1 and billed by Buyer to Seller monthly, promptly after the last day of each month, for Services actually provided during such month and shall be payable (i) from the date hereof through
December 31, 2005, upon receipt; (ii) from January 1, 2006 through March 31, 2006, on the fifteenth (15th) day following the last day of each such month, (ii) from April 1, 2006 through June 30, 2006, on the thirtieth (30th) day following the last day of each such month, and (iii) during the remainder of the Term, on the forty-fifth (45th) day following the last day of each month. Buyer will provide as part of its monthly invoice a statement setting forth in reasonable detail the aggregate
Service Fees and a breakdown by Service of the basis for such Service Fees. 
  
 3.5 Seller’s Right to Withhold. Seller shall have the right upon reasonable advance written notice to Buyer to withhold any amounts invoiced by Buyer for which Seller determines in good faith that Seller
is not liable to Buyer. 
  
 3.6 Seller’s Access to
Buyer. Seller shall have the right upon reasonable advance written notice to meet on no less than a quarterly basis with Daniel Arbour or another member of the board of directors of Buyer to discuss the management, business strategy and
operations of the Acquired Businesses, including, but not limited to, any material matters relating to financial statements provided by Buyer to Seller pursuant to any of the Transaction Agreements. Buyer agrees to provide Seller with complete and
correct copies of all documents and information provided by Buyer to National City Bank at the same time that Buyer provides any such documents and information to National City Bank. Each of Buyer and Seller agrees to disclose to the other at such
quarterly meetings on an ongoing basis any material changes, trends or developments in the business operations of such party as they relate to the Acquired Businesses, subject to any applicable third party confidentiality obligations or requirements
of law. Any and all such disclosures made by a party to the other party pursuant to this Section 3.6 shall be held strictly confidential by the other party. 
  
 3.7 Audits and Access to Information. 
  
 (a) Seller or its designee shall have the right, upon reasonable advance notice and at its expense, to review the books and
records of Buyer solely with respect to Buyer’s obligations under this Agreement and to confer with Buyer’s employees responsible for providing or supervising Services in order to review the accuracy of the invoices provided to Seller
hereunder (during regular business hours and without unreasonably disrupting Buyer’s normal business operations). In the event that Seller disputes any such invoice, Seller shall deliver a written statement describing the dispute to Buyer
within thirty (30) days following receipt of the disputed invoice. The statement shall provide a reasonably detailed description of the disputed items. Upon delivery of the written statement, Seller and Buyer shall cooperate and negotiate in
good faith and use commercially reasonable efforts to resolve such disputed charges. If they are unable to resolve such disputed charges within thirty (30) days of delivery of the written statement, either party may elect to submit the matter
to the dispute resolution process set forth in Section 10 of this Agreement. 
  

 7 

 (b) Buyer shall have the right to receive, and Seller shall provide upon written request of Buyer, an
appropriate schedule showing a breakdown of the aggregate dollar volume of Seller’s Requirements for the applicable calendar year and appropriate supporting documentation, solely in order to verify whether Seller has purchased 80% of
Seller’s Requirements for such calendar year from Buyer as required in Section 2.2(a). Thereafter, upon reasonable advance notice and at Buyer’s expense, Buyer shall have the right to designate a third party not affiliated with Buyer
to review (during regular business hours and without unreasonably disrupting Seller’s normal business operations) the books and records of Seller and to confer with Seller’s employees responsible for receiving or supervising Services, in
each case solely in order to verify whether Seller has purchased 80% of Seller’s Requirements for such calendar year from Buyer as required in Section 2.2(a). Buyer shall not be entitled to review Seller’s books and records or to
confer with Seller’s personnel other than through Buyer’s designated non-affiliated third party as contemplated in this Section 3.7(b). Subject to Seller fulfilling in good faith its obligations under this Section 3.7(b), Buyer
shall be entitled to exercise its rights under this Section 3.7(b) only once, and not later than May 1 of the immediately following calendar year, with respect to any calendar year. In the event that Buyer disputes whether Seller has
purchased 80% of Seller’s Requirements for the applicable calendar year, Buyer shall deliver a written statement describing the dispute to Seller within thirty (30) days following the end of such one hundred twenty (120) day period.
The statement shall provide a reasonably detailed description of the disputed items. Upon delivery of the written statement, Buyer and Seller shall cooperate and negotiate in good faith and use commercially reasonable efforts to resolve the dispute.
If they are unable to resolve the dispute within thirty (30) days of delivery of the written statement, either party may elect to submit the matter to the dispute resolution process set forth in Section 10 of this Agreement. 
  
 4. WARRANTY, LIABILITY AND INDEMNITY 
  
 4.1 Warranty. Buyer warrants that any Services or products resulting
from Services provided to Seller pursuant to this Agreement will (a) conform to the specifications, drawings, samples, descriptions or Service Levels furnished to or by Seller, including, but not limited to, any specifications, drawings,
samples, descriptions or Service Levels set forth in the Statements of Work; (b) be of good quality and workmanship; (c) be free of defects in design (unless Seller provided the design), materials and workmanship; (d) be merchantable;
and (e) be fit for the particular purposes intended by Seller. 
  
 4.2 LIMITATION ON LIABILITY. IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY FOR ANY CONSEQUENTIAL, INCIDENTAL OR SPECIAL DAMAGES SUFFERED BY THE OTHER PARTY ARISING OUT OF THIS AGREEMENT, WHETHER RESULTING FROM
NEGLIGENCE OF THE OTHER PARTY OR OTHERWISE, EXCEPT WHERE RESULTING FROM GROSS NEGLIGENCE, FRAUD, OR WILLFUL OR INTENTIONAL BREACH. 
  
 4.3 Indemnity. 
  
 (a) Buyer agrees to indemnify, defend and hold Seller harmless against all claims, liabilities, losses, expenses, fees and other damages (including
reasonable attorney fees and expenses and the cost of enforcing this indemnity) allegedly or actually arising out of or resulting from any breach by Buyer of this Agreement or any act, omission, or negligence of Buyer or its employees, agents or
subcontractors in connection with performing or failing to perform any aspect of this Agreement. 
  

 8 

 (b) Seller agrees to indemnify, defend and hold Buyer harmless against all claims brought by third
parties, to the extent that (i) Seller has provided content of such third parties to Buyer under this Agreement, and (ii) such third party’s claim allegedly or actually arises out of or results from Buyer’s performance of its
obligations under this Agreement with respect to such content. 
  
 4.4 Insurance. During the Term, Buyer will carry and maintain at least the following insurance: (i) commercial general liability insurance with a limit of at least $1,000,000 per occurrence, (ii) business auto insurance
with a combined single limit of at least $1,000,000 per occurrence for bodily injury and property damage, (iii) workers’ compensation insurance as prescribed by applicable law; (iv) employee injury insurance with a limit of at least
$500,000 per occurrence; (v) software errors and omissions liability insurance with a limit of at least $2,000,000 per occurrence, (vi) employment practices liability insurance with a limit of at least $2,000,000, and (vii) crime
coverage with a limit of at least $500,000, each subject to usual and customary exclusions, limitations and conditions of such policies. Each such policy will include provisions generally considered standard for the type of insurance involved,
including the loss payable and waiver of subrogation clauses and deductible amounts. In addition, Buyer agrees to maintain property casualty insurance including, but not limited to, appropriate fire, sprinkler leakage, and other damage coverage with
respect to items held in any storage vault of Buyer, with limits of at least $10,000,000 per occurrence, and to name Seller as an additional insured party on any such policy. 
  
 5. FORCE MAJEURE 
  
 5.1 If either party hereto is rendered unable wholly or in part by Force Majeure (as defined herein) to perform its obligations hereunder (other than the
obligation to pay money), such party shall give prompt notice to the other party with reasonable particulars thereof and the probable extent of the inability to perform such obligation, whereupon the obligation of such party shall be suspended so
far as it is affected by such Force Majeure during but no longer than the continuance thereof. The affected party shall use all possible diligence to remove such Force Majeure. For the purpose of this Agreement, the term “Force
Majeure” shall mean any act of God, strike or lockout or other labor dispute (other than at any of the Acquired Businesses), act of a public enemy, war declared or undeclared, terrorist act, blockade, revolution, riot, insurrection, civil
commotion, lightening, fire, storm, flood, earthquake, explosion, governmental restraint, embargo, inability to obtain or delay in obtaining governmental approvals, permits, licenses or allocations (excluding any such governmental approvals,
permits, licenses or allocations that a party was required to obtain under any Transaction Agreement), and any other cause of the kind enumerated above which is not reasonably within the control of the party claiming Force Majeure. 
  
 6. PROPRIETARY INFORMATION AND RIGHTS 
  
 6.1 Each party acknowledges that the other possesses, and will continue to
possess, information that has been created, discovered or developed by it and/or in which property rights have been assigned or otherwise conveyed to it, which information has commercial value and is not 
  

 9 

 in the public domain. Except as otherwise expressly set forth in the Purchase Agreement, the proprietary information of
each party will be and remain the sole property of such party and its assigns. Each party shall use the same degree of care that it normally uses to protect its own proprietary information to prevent the disclosure to third parties of information
that has been identified as proprietary by written notice to such party from the other party. Neither party shall make any use of the information of the other which has been identified as proprietary except as contemplated or required by the terms
of this Agreement. Notwithstanding the foregoing, this Article shall not apply to any information that a party can demonstrate: (a) was, at the time of disclosure to it, in the public domain through no fault of such party; (b) was received
after disclosure to it from a third party who had a lawful right to disclose such information to it; or (c) was independently developed by the receiving party. For the avoidance of doubt, the specifications for the Services set forth in the
Statements of Work and in any schedules thereto shall be considered proprietary information of Seller for purposes of this Section 6.1 and shall not be used by Buyer other than to perform Buyer’s obligations under this Agreement.

  
 6.2 All copyrights, trade secrets, or other intellectual
property rights in or to any and all work product, including, but not limited to, microform masters produced by Buyer for Seller pursuant to this Agreement and Digitized versions of periodicals in microform and newspapers in
microform produced by Buyer for Seller pursuant to this Agreement (collectively, “Works”) shall belong exclusively to Seller. Any and all Works shall be considered a work made for hire for Seller within the meaning of Title 17
of the United States Code. Buyer automatically assigns, and shall cause its personnel automatically to assign, at the time of creation of the Works, without any requirement of further consideration, any right, title, or interest it or they may have
in such Works, including any copyrights or other intellectual property rights pertaining thereto. Upon request of Seller, Buyer shall take such further actions, and shall cause its personnel to take such further actions, including execution and
delivery of instruments of conveyance, as may be appropriate to give full and proper effect to such assignment. 
  
 7. TERM AND TERMINATION 
  
 7.1 Term. The initial term of this Agreement (the “Initial Term”) shall commence on the Closing Date and shall expire on
December 31, 2010, unless earlier terminated or extended in accordance with the terms of this Agreement. 
  
 7.2 Extended Term. Upon not less than ninety (90) days written notice to Buyer prior to expiration of the Initial Term, Seller shall have a
one-time right to extend the Initial Term by up to twelve (12) months (such extended term, the “Extended Term”). Such extension notice shall indicate the period, which may not be more than twelve (12) months, by which
Seller desires to extend the Initial Term. 
  
 7.3
Termination. 
  
 (a) Buyer may terminate this Agreement
upon one hundred twenty (120) days’ written notice upon material breach by Seller of this Agreement, other than failure by Seller to pay any amount due and payable under this Agreement, unless Seller shall have cured such breach within the
one hundred twenty (120) day notice period. In the event that Seller fails to pay any invoice submitted to Seller in accordance with Section 3.4 hereof within sixty (60) days after the 
  

 10 

 receipt of such invoice, the parties agree that the issue shall be submitted to dispute resolution pursuant to
Section 10 hereof, and that Buyer shall not have any right to terminate this Agreement other than as may be permitted pursuant to Section 10 hereof. 
  

(b) Notwithstanding any other provision of this Agreement, Seller may terminate this Agreement (i) upon thirty (30) days’ written
notice, either in whole or in part with respect to any Service, upon any material breach by Buyer of this Agreement, unless Buyer shall have cured such breach within the thirty (30) day notice period, and/or (ii) immediately, or at any
time thereafter in Seller’s sole discretion, upon written notice after receiving from Buyer notice of a Change of Control as set forth in Section 15.2 hereof. 
  
 (c) Any one or more of the Services may be terminated upon mutual agreement of Buyer and Seller. 
  
 (d) Either party may terminate this Agreement immediately in the event that
the other party has been adjudicated bankrupt, has failed to vacate an involuntary bankruptcy or reorganization petition within sixty (60) days of the date of such filing, files such a petition on a voluntary basis, fails to vacate the
appointment of a receiver or trustee for such party or for a substantial portion of its assets, makes an assignment for the benefit of creditors, or ceases to do business as a going concern. 
  
 (e) All accrued and unpaid Service Fees shall be due and payable upon
termination of this Agreement with respect to such Service. Notwithstanding anything in this Agreement to the contrary, in the event of any termination of this Agreement by Seller for material breach of Buyer pursuant to Section 7.3(b), the
provisions of Section 2.2(b) of this Agreement shall not apply, and Seller shall not be obligated to make any payment to Buyer pursuant thereto, with respect to the calendar year in which such termination occurs. 
  
 (f) This is a master agreement and shall be construed as a separate and
independent agreement for each and every Service provided under this Agreement. Any termination of this Agreement with respect to any Service shall not terminate this Agreement with respect to any other Service then being provided pursuant to this
Agreement. Following any termination of this Agreement, each party shall cooperate in good faith with the other to transfer and/or retain all records, prepare and file tax returns and take all other actions necessary to provide Seller and Buyer and
their respective successors and assigns with sufficient information in the form requested by Seller or Buyer, or their respective successors and assigns, as the case may be, to make alternative service arrangements substantially consistent with
those contemplated by this Agreement. 
  
 8. NO IMPLIED ASSIGNMENTS OR
LICENSES 
  
 Nothing in this Agreement is to be construed as
an assignment or grant of any right, title or interest in any trademark, copyright, design or trade dress, patent right or other intellectual or industrial property right. 
  

 11 

 9. NO AGENCY OR PARTNERSHIP 
  
 9.1 No Agency. In performing its obligations under this Agreement, Buyer shall operate as, and have the status of, an
independent contractor and shall not operate or have the status of agent, employee or representative of Seller. 
  
 9.2 No Partnership. This Agreement does not constitute a partnership and nothing herein is intended to render, nor shall anything herein be
construed to render, the parties hereto as partners of each other. Nothing contained herein shall render either party an agent of the other party, and no party shall have the power, authority, or right to act on behalf of or bind another party or
negotiate or conclude contracts on behalf of or in the name of another party impose any liability or obligation to third parties upon another party. No party shall incur or accept any liability or enter into any commitments or contracts on behalf of
another party. 
  
 10. RESOLUTION OF DISPUTES 
  
 If a dispute arises between the parties relating to this Agreement that the
parties have not been able to resolve pursuant to Section 2.8, the following procedure shall be implemented before any party pursues other available remedies, except that a party may seek injunctive relief from a court where appropriate in
order to maintain the status quo while this procedure is being followed: 
  
 (a) The parties shall hold a meeting (either in person or telephonically) promptly after receipt by either party of notification of the dispute, attended by certain Executives of the parties, to attempt in good faith
to negotiate a resolution of the dispute; provided, however, that no such meeting shall be deemed to vitiate or reduce the obligations and liabilities of the parties hereunder or be deemed a waiver by a party hereto of any remedies to which such
party would otherwise be entitled hereunder. 
  
 (b) If, within
thirty (30) days after such meeting, the parties have not succeeded in negotiating a resolution of the dispute, they agree to submit the dispute to mediation in accordance with the then-current Model Procedure for Mediation of Business Disputes
of the Center for Public Resources and to bear equally the costs of the mediation. 
  
 (c) The parties shall jointly appoint a mutually acceptable mediator, seeking assistance in such regard from the Center for Public Resources if they have been unable to agree upon such appointment with twenty
(20) days from the conclusion of the negotiation period. 
  
 (d) The parties agree to participate in good faith in the mediation and negotiations related thereto for a period of thirty (30) days. If the parties are not successful in resolving the dispute through the mediation, then the parties
agree to submit the matter to binding arbitration in accordance with the Center for Public Resources Rules For Non-Administered Arbitration, by a sole arbitrator. 
  
 (e) Mediation or arbitration shall take place in the City of Ann Arbor, Michigan. Equitable remedies shall be available in
any arbitration. This clause is subject to the Federal Arbitration Act, 9 U.S.C.A. Section 1 et seq., or comparable legislation in non-U.S. jurisdictions, and judgment upon the award rendered by the arbitrator, if any, may be entered by any
court having jurisdiction thereof. 
  

 12 

 (f) In the event of any claim that this Section 10 is invalid or is not enforceable by the
arbitrators, the arbitrators shall determine whether this Section 10 is valid and enforceable. The parties agree that this determination, which is often reserved for the courts, is hereby submitted to the arbitrators. 
  
 11. REMEDIES 
  
 11.1 Breach or Default and Cure. Notwithstanding any other provision of this Agreement, and in addition to any other
remedy herein provided or otherwise available to Seller, in the event that Buyer breaches or fails to perform any of its obligations under this Agreement, 
  
 (a) where, in the reasonable judgment of Seller, Buyer’s breach is not a Material Breach (as defined below) of Buyer’s obligations,
Seller’s remedies shall include, without limitation, upon reasonable advance written notice to Buyer: 
  
 (i) Seller may establish or extend, as applicable, a period within which Buyer may cure such breach; 
  
 (ii) Seller may require Buyer to refund the price paid by
Seller for the affected Service(s) or, at the option of Seller, to redeliver (or deliver) the Service(s) to Seller; 
  
 (iii) Seller may exercise any rights or remedies set forth in any applicable Statement of Work; and 
  
 (b) where, in the reasonable judgment of Seller, Buyer’s breach is a
material breach of Buyer’s obligations under Section 2 of this Agreement (a “Material Breach”), Seller’s remedies shall include, without limitation, in the sole discretion of Seller: 
  
 (i) Seller shall be entitled to, and Buyer shall grant upon
the written request of Seller, physical access to the Vault, upon reasonable notice and at reasonable times of day, so that Seller may (A) take possession of and permanently remove from the Vault all assets owned by Seller, including all
newspaper, dissertation, collection and other Microform Products other than Periodicals Microform Products, and (B) make duplicates in a commercially reasonable manner of all Periodicals Microform masters stored in the Vault as of the date
hereof; and/or 
  
 (ii) Seller and Buyer agree
that, upon the written notice of Seller, the provisions of Section 2.2(a) (other than the last sentence of Section 2.2(a)) and Section 2.2(b) shall immediately cease to apply and shall be null and void for all purposes of this
Agreement. 
  
 11.2 Specific Performance. The parties
hereto agree that irreparable damage would occur if any provision of this Agreement were not performed in accordance with the terms hereof and that the parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement
or to enforce specifically the performance of the terms and provisions hereof in the United States District Court for the Eastern District of Michigan or the state courts of Michigan located in Washtenaw County, in addition to any other remedy to
which they are entitled at law or in equity. 
  

 13 

 11.3 Statements of Work. The remedies set forth in this Section 11 shall be in addition to
the remedies, if any, set forth in the Statements of Work attached hereto, provided, however, that Seller shall avail itself of any remedy provided in a Statement of Work prior to availing itself of any other remedy set forth in this
Section 11. Except as provided in the foregoing sentence, and unless expressly provided to the contrary in the applicable Statement of Work, the terms of this Agreement shall take precedence in the event of any conflict between the terms of
this Agreement and of any Statement of Work. 
  
 12. NOTICES 
  
 Any notice required to be given hereunder shall be delivered in accordance
with Section 9.02 of the Purchase Agreement. 
  
 13. ENTIRE AGREEMENT;
AMENDMENT, WAIVER 
  
 This Agreement, the Schedules attached
hereto, and the other Transaction Agreements constitute the entire understanding between the parties with respect to the subject matter hereof, and supersede all other understandings and negotiations with respect thereto. This Agreement may be
amended only in a writing signed by both parties hereto. Any provision of this Agreement may be waived only in a writing, which writing may be signed only by the party granting such waiver. No course of dealing between the parties shall be effective
to amend or waive any provision of this Agreement. Waiver by a party of a condition or default by another party shall be limited to the particular instance and shall not imply or be deemed to imply that such party will waive such condition or
default by any other party in any future instance. 
  
 14. SEVERABILITY

  
 In the event that any provision contained in this Agreement
shall for any reason be held to be invalid, illegal or unenforceable in any jurisdiction, such provision shall be ineffective as to such jurisdiction to the extent of such invalidity, illegality or unenforceability without invalidating or affecting
the remaining provisions hereof or affecting the validity, legality or enforceability of such provision in any other jurisdiction. 
  
 15. ASSIGNMENT; CHANGE OF CONTROL 
  
 15.1 Assignment. Neither this Agreement nor any of the rights and obligations of the parties hereunder may be assigned by Buyer without the prior
written consent of the Seller, which shall not be unreasonably withheld or delayed, subject to Seller’s rights under Section 15.2 hereof, provided, however, that Seller consents herewith to the assignment by Buyer of its rights and duties
hereunder to National City Bank of Indiana and ACP-I, L.P. as collateral for Buyer’s Financing. Seller shall have the right to assign this Agreement and any of the rights and obligations of Seller hereunder without the consent of Buyer. This
Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Any attempted assignment or transfer in violation of this Section 15.1 shall be void. 
  

 14 

 15.2 Change of Control of Buyer. In the event of any proposed Change of Control of Buyer during
the Term, Buyer shall provide prompt written notice thereof to Seller (which written notice shall include a copy or other description in reasonable detail of the terms and conditions of such proposed Change of Control), and Seller shall have
(i) the right to terminate this Agreement immediately and/or (ii) a right of first refusal to acquire Buyer on the terms and conditions proposed, including, without limitation, in the event of any sale of assets that includes the
Production Assets and/or the Facility, a right of first refusal to acquire all, but not less than all, of the assets included in such sale of assets, on the applicable terms and conditions proposed. Seller agrees to notify Buyer within ten
(10) days after receiving Buyer’s written notice as to whether Seller will exercise such right of first refusal. For purposes of this Section 15.2, “Change of Control” means, with respect to Buyer, (i) the sale
or other disposition of the Production Assets, the Facility, and/or other assets required for Buyer to perform its material obligations under this Agreement, whether pursuant to a single transaction or a series of transactions, (ii) the
acquisition by any person of beneficial ownership of securities of Buyer representing fifty percent (50%) or more of the then issued equity securities of Buyer, or (iii) the merger or consolidation of Buyer with or into any other entity or
a merger of any other entity with and into Buyer, as a result of which the security holders of Buyer prior to any such merger or consolidation would cease to be the beneficial owners, directly or indirectly, of securities of Buyer or the surviving
entity representing more than fifty percent (50%) of the then issued and outstanding equity securities of Buyer or the surviving entity. 
  
 16. GOVERNING LAW 
  
 This Agreement shall be governed by and construed in accordance with the laws of the State of Michigan, without regard to principles of conflicts of law.

  
 17. JURISDICTION 
  
 EACH PARTY IRREVOCABLY AGREES THAT ANY LEGAL ACTION, SUIT OR PROCEEDING
AGAINST ANY OF THEM WITH RESPECT TO ITS OBLIGATIONS OR LIABILITY UNDER OR ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR DISPUTES RELATING HERETO (WHETHER FOR BREACH OF CONTRACT, TORTIOUS
CONDUCT OR OTHERWISE) MAY BE BROUGHT ONLY IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF MICHIGAN OR, IF SUCH COURT DOES NOT HAVE JURISDICTION, THE STATE COURTS OF MICHIGAN LOCATED WITHIN WASHTENAW COUNTY, SO LONG AS ONE OF SUCH
COURTS SHALL HAVE SUBJECT MATTER JURISDICTION OVER SUCH LEGAL ACTION, SUIT OR PROCEEDING (AND THE PARTIES HERETO SHALL NOT TAKE THE POSITION THAT ANY SUCH COURT DOES NOT HAVE SUBJECT MATTER JURISDICTION), AND THAT ANY CAUSE OF ACTION ARISING OUT OF
THIS AGREEMENT SHALL BE DEEMED TO HAVE ARISEN FROM A TRANSACTION OF BUSINESS IN THE STATE OF MICHIGAN, AND EACH OF THE PARTIES HEREBY IRREVOCABLY CONSENTS TO THE JURISDICTION OF SUCH COURTS (AND OF THE APPROPRIATE APPELLATE COURTS THEREFROM) IN ANY
SUCH LEGAL ACTION, SUIT OR PROCEEDING, AND EACH PARTY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF THE 
  

 15 

 VENUE OF ANY SUCH SUIT, ACTION OR PROCEEDING IN ANY SUCH COURT OR THAT ANY SUCH SUIT, ACTION OR PROCEEDING WHICH IS
BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. 
  
 18.
SERVICE OF PROCESS 
  
 Each of the parties hereto
irrevocably consents to the service of any and all legal process, summonses, notices and other documents which may be served in any action, suit or proceeding referred to in Section 17 above, which service may be made by mailing a copy of such
process by certified or registered mail, postage prepaid, to the party to be served at its address as provided in Section 12 hereof, with such service to be effective upon receipt. 
  
 19. WAIVER OF JURY TRIAL 
  
 EACH PARTY HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT TO ANY LITIGATION DIRECTLY OR
INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR DISPUTES RELATING HERETO. EACH PARTY (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTY HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY,
AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 19. 
  
 20. NO THIRD PARTY BENEFICIARIES 
  
 This
Agreement is for the sole benefit of the parties hereto, and nothing herein expressed or implied shall give or be construed to give to any person, other than the parties hereto, any legal or equitable rights hereunder. 
  
 21. COUNTERPARTS AND FACSIMILE SIGNATURES 
  
 This Agreement may be executed (including by facsimile) in two or more
counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
  

 16 

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

			
	 PROQUEST INFORMATION AND
 LEARNING
COMPANY

		
	By:	 	/S/    SCOTT
HIRTH          
	Name:	 	Scott Hirth
	Title:	 	Vice President, Finance/CFO
	
	NATIONAL ARCHIVE PUBLISHING COMPANY
		
	By:	 	/S/    DANIEL C.
ARBOUR          
	Name:	 	Daniel C. Arbour
	Title:	 	President

  

 17 

 SCHEDULE A 
  

Third Party Contracts Excluded from Seller’s Requirements 
  
 1. The Opportunity currently under negotiation with the Library of Congress 
  

 18 

 SCHEDULE B 
  

Statements of Work 
  
 Section 2.4 in the Manufacturing Agreement provides that “Buyer shall provide each Service to Seller at a service level (the “Service
Level”) that is (i) the Service Level for such Service set forth in the applicable Statement of Work, or, in the absence thereof, (ii) the manner and quality in which such Service, or a substantially similar service, has heretofore
been provided to the Retained Business while Seller owned and operated the Production Assets.” 
  
 Each Statement of Work provides an outline of the Services to be provided by Buyer to Seller. These are the services as they are being provided
today and as they will be provided Day 1. Referenced herein are SOW Schedules A-E (see below) that, when completed, will detail Service Levels and baseline expectations of Buyer to Seller. 
  
 The information necessary to populate each SOW Schedule is available in
various forms, formats and places, and in the “custody” of both Buyer and Seller. Upon the execution of this Agreement, the Governance Council shall assign appropriate associates under the guidance of the Relationship Managers
to compile information and create the respective SOW Schedules on or before January 27, 2006. Each SOW Schedule shall be initially reviewed by the Governance Council, and, when approved, shall be reviewed on a quarterly basis by the
Relationship Managers with any substantive changes escalated to the Governance Council as appropriate for approval. 
  
 REMEDIES: When a failure by Buyer triggers a discussion of remedies, the Relationship Managers will consider the level of severity and the effect on Seller’s
revenue, Seller’s Customer(s), or a combination thereof, and, referencing Section 11 of the Manufacturing Agreement, determine a remedy. This provision shall be deemed included in each Statement of Work. 
  
 SOW Schedule A will detail the Quality and manufacturing specifications for
each product handled by Buyer for Seller. This will include specifications that are provided to Customers via Marketing and the Seller’s Website. 
  
 SOW Schedule B will detail the delivery time and throughput requirements for each product handled by Buyer for Seller. 
  
 SOW Schedule C will detail the square footage allocations owned and operated by
Buyer for Seller. Specifically, these allocations will be used to determine charge back of overhead (utilities) cost and define specific vault utilization 
  
 SOW Schedule D will be the annual and rolling 3-month adjusted unit forecast for each product handled by Buyer for Seller. 
  
 SOW Schedule E will detail the raw material specifications for product the
packaging material specifications and the freight carrier assumptions to be used throughout the fulfillment of services by Buyer for Seller. 
  

 19 

 Statement of Work 
  
 1.01 Microform Production (Masters) 
  
 Specifications: All master negatives created for Seller under this Agreement shall be prepared using best practices and standards of
highest quality generally used in the industry, including silver gelatin film, and shall, at minimum, be in compliance with applicable ANSI/AIIM Standards, including but not limited to: 
  
 ANSI/AIIM MS 111 – Recommended Practice for Microfilming Newspapers 
  
 ANSI pH 1.41 – Specifications for Photographic Film for Archival
Records, Silver Gelatin Type, on Polyester Base. Residual Thiosulfate content of the processed film shall be measured using the Methylene Blue Method as described in ANSI/ASC pH 4.8 
  
 ANSI/ASC pH 4.8 – Residual Thiosulfate and Other Chemical in Film, Plates, and Papers – Determination and
Measurement 
  
 Master Density will fall in a range .90 –
1.10 unless deviation is approved by Seller in response to bad source material. Buyer will report all refilm activity related to first pass masters out of range. 
  
 More detailed specifications and service levels are provided in SOW Schedule A. 
  
 Periodical Check-in (Transitional; Systems also being Transitioned by
IS ) 
  

	1)	Seller checks in periodical/item. Errors in check in and item data for periodical filming/mastering will be corrected by end of the following shift. 

  

	2)	Transitional issue for IS: Item master maintenance will be supported by Seller. 

  

	3)	Transitional issue for IS: support of work order flow from technical area. 

  
 Purchase/Vendor Film 
  

	1)	For Newspapers: Seller provides camera negative master to Buyer who produces working master for vault services. Seller owns vendor relationship. 

  

	2)	For Collections: 

  
 Purchased Film: Seller owns acquiring film and Buyer will provide vault services and fulfillment. 
  
 Purchased Master: Seller owns acquiring master and Buyer creates working
master. 
  
 Seller will maintain all relationships with outside
filmers doing original filming for collection products. 
  
 Newspaper
Mastering Process 
  

	1)	Buyer is responsible for the following: 

  

	 	a.	Check in (reviewed during transition) 

  

 20 

	 	b.	Claiming (reviewed during transition) 

  

	 	c.	Masters 

  

	 	d.	Creates Delivery Units in Item Master 

  

	 	e.	Push unit to sales orders in JDEdwards 

  

	 	f.	Sends some masters or Direct Intermediate Print Masters to Ann Arbor for fulfillment further defined in SOW Schedule B 

  

	 	g.	Maintains film vault. 

  

	2)	Wooster system creates box label data. 

  

	3)	List of major newspapers their standard specifications will be included in SOW Schedule A and will follow same escalation for re-filming as scans for periodicals

  
 Collections Mastering Process 
  

	1)	Buyer may be requested by Research Collections to film content for select product lines as defined in the forecast by Research Collections. 

  

	2)	Buyer will provide film processing for outside filmers and inside filming. 

  

	3)	RC Mastering: 

  
 A) Vault dupe mastering—Use current custom report as work order for Buyer to create working master. 
  
 B) CRC mastering—Use current custom report as work order for Buyer to
create working master. Seller to provide fiche titling information. 
  

	6)	Official collections database will not be available to Buyer. 

  

	7)	Seller retains the book camera. 

  

	8)	NIDs and NSA will follow research collections manufacturing expectations with Buyer. Other mastering done for Chadwyck-Healey by Micromedia UK. Relationship is owned by Seller

  
 Dissertations Mastering Process 
  

	1)	Seller creates work order batch and physically hands-off to Buyer (includes work order and hard-copy dissertations) or just work order for electronic with PDF’s placed on
server. 

  

	2)	Buyer scans, QCs, paginates, adds UMI page, etc., as instructed by notes in WO. Buyer creates master in e-Beam (if dissertation passed through scan or PDF conversion process –
see # 5 for exception). If QC passes item, Buyer delivers information to manager location. If fails anywhere in scan process, Buyer will notify Seller regardless of the cause. 

  

	3)	Seller resolves failure issues that are fault of Seller input, splits work order if required, returns materials to Buyer for reprocessing (split work orders are treated like new
work orders) 

  

	4)	Buyer will process and file film masters in the vault after order processing. 

  

	5)	Buyer will provide mastering services for dissertations that do not meet requirements for dissertation scanning process (using manual filming process) 

  

 21 

 Statement of Work 
  
 1.02 Vault Management for All Products 
  
 Specifications: 
  
 Buyer is providing Hard Copy and Microform Vault Services. 
  
 Master Negatives shall be stored in a vault which conforms to the requirements of ANSI pH 1.43. 
  
 Vinegar Syndrome inspections will be conducted on a monthly basis with results reported and
corrective actions taken at Seller discretion. 
  
 Secured storage with limited
access (including designated Seller and Buyer staff) will be provided. 
  
 Seller
staff, or representative may perform random sampling inspection of materials contained in the vault against criteria more specifically set forth in Schedule A . Results will be reported to Buyer and Seller. Buyer will replace, free of charge,
any masters Buyer created that are rejected as a result of this inspection. Buyer will also replace any affected Customer Copies free of charge. 
  
 Film will be filed and re-filed in Buyer’s vault in the same file sequence from which it was pulled, using the same storage and filing methodologies employed by
Seller prior to contract date. Current filing methodologies are provided in SOW Schedule A and current space allocation and forecasts are provided in SOW Schedule C and D, respectively. 
  
 Any defects found on Seller film, either prior to printing, post printing, or in the course
of normal vault management activities will be reported to Seller. Replacement masters, either working or archive will be completed at Buyer’s expense if damaged in the process. Defects found pre-process will be resolved at Seller’s
discretion. 
  
 Vault Services

  

	1)	The hard-copy vault will hold a minimum of current year plus two. 

  

	2)	There will be a blanket service fee for hard-copy vault activities (Included in rent). Vault pulls are unlimited. 

  

	3)	Hard-copy in hard-copy vault is available to Seller for use in QA processes or to request scanning services for new electronic. 

  

	4)	Buyer manages the vault and Seller will identify associates who require access to the vaults. 

  

	5)	Seller will maintain subscriptions for, and own, periodicals required for electronic-only products. 

  

	6)	Transitional: Maintenance and ownership of film only titles subscriptions are currently owned by Seller. 

  

 22 

 Statement of Work 
  
 1.03 Paper Scan of Periodicals and Dissertations 
  
 Specifications: 
  
 Periodical pages will be scanned according to the requirements in SOW Schedule A. Finished scans will be delivered directly to Seller. Requests to rescan
due to image errors, poor contrast, missing source will be communicated by Seller on a regular source exceptions report. Rescans will be completed at no charge to Seller. 
  
 Periodical paper scan output requirements are determined on a priority category basis for electronic products as defined in SOW Schedule
B. 
  
 Dissertations pages will be scanned according to the
requirements in SOW Schedule A. Buyer will provide QC, final pagination, and page insertion for each dissertations unit. Dissertations will be either recycled or returned based on school instructions. A list provided by Seller will drive this
activity. 
  
 Files will be delivered to Seller in TIFF format for wrapping and
deposit in PQDD vault, sent to Electron Beam Recorder (e-Beam) for master creation and stored in EMC device. Seller will have visibility into the process status through the ScanAll and Electronic Image Repository (EIR) tools provided to Buyer. Film
master inspection will ensure densities in range as stated in SOW Schedule A and that pagination and page insertion were performed correctly. Rescans activity will be tracked and reported to Seller. Rescans will be completed at no charge to
Seller except for a vault repair on images or masters created prior to the contract date. 
  
 Periodicals Check-in and Prep Processes 
  

	1)	Transitional. See Statement of Work 1.02. All current acquisition/claiming is done by Seller for all periodical products. 

  

	2)	Hard-copy will always go to Scan first when only 1 hard-copy is being shared. 

  

	3)	Seller will provide to Buyer publisher restrictions for manual blocking and buyer will do manual blocking prior to scanning. 

  
 Periodicals to scan: 
  

	1)	The Coversheet created by Seller is defacto work-order. There is a blanket PO. The coversheet specifies the product and includes turnaround time (SOW Schedule B) reported
from PQDZ, scan requirements as measured today (SOW Schedule A), and is considered a release against blanket PO . 

  

	2)	Buyer requires access to PQDZ for inputting information to enable cycle time measures. 

  

	3)	Seller maintains vendor relationships. 

  
 If a rescan is required: 
  

	1)	Seller will initiate a rescan request. 

  

 23 

	2)	Seller will provide Buyer with a spreadsheet with rescanned information (discrepancy report). Options: 1: Meets Requirement/Specs 2: Will Rescan 3: No Fix (can’t get better)

  

	3)	Requests to be rescanned—if original scanning does not meet set requirements, rework would not be charged back to Seller and Buyer assumes the cost. Buyer may challenge
rescans; Seller vendor management will agree/disagree and escalate as necessary to resolve disagreements. 

  
 Dissertation Services 
  

	1)	Buyer will receive mail and deliver to Seller for unpacking (paper). All electronic submissions continue to go to Seller for processing and will be handed off to Buyer with a work
order for conversion and filming. 

  

	2)	Seller (Acquisitions) will check into Exodus. 

  

	3)	Seller creates work order batch and physically hands-off to Buyer (includes work order and hard-copy dissertations). 

  

	4)	Buyer scans, QCs, paginates, adds UMI page, etc., as instructed by notes in WO. Buyer creates master in e-Beam. If QC passes item, Buyer delivers information to manager location. If
fails anywhere in scan process, Buyer will notify Seller regardless of the cause. 

  

	5)	Seller resolves failure issues that are fault of Seller input, splits work order if required, returns materials to Buyer for reprocessing (split work orders are treated like new
work orders) 

  

	6)	Buyer will process and file film masters in the vault after order processing. 

  

	7)	Seller is responsible for claiming and author relations. 

  

	8)	Buyer stages dissertations to storage area after scan/mastering completed. 

  

 24 

 Statement of Work 
  
 1.04 PDF Dissertation Conversion and Pagination 
  
 Specifications: 
  
 PDF Dissertations submissions checked in by Seller must be checked by Buyer to ensure all fonts are available in the file or in the conversion font library. If not,
Seller will approve purchase of the required fonts up to $500 quarterly, or will notify the school/author that the file needs resubmitting or will be rejected. The approved PDF will be converted according to the requirements in SOW Schedule
A. 
  
 Buyer will provide QC, final pagination and page insertion for each
dissertations unit. Original PDF files will be delivered to Seller along with converted TIFFs being stored in EMC device. Seller will have visibility into the process status through the ScanAll and Electron Image Repository (EIR) tools provided to
Buyer. Film master inspection will ensure densities in range as stated in SOW Schedule A and that pagination and page insertion were performed correctly. Specifications for Quality Control and the inspection process are provided in SOW
Schedule A. 
  
 Conversion activity will be tracked and reported to Seller.

  
 Conversion rework will be done at no charge to Seller except for vault repairs
on images/masters created prior to the contract date. Conversion rework will be mandated by the guidelines provided in SOW Schedule A. 
  

	1)	All electronic submissions continue to go to Seller for processing and will be handed off to Buyer with a work order for conversion and filming. 

  

	2)	If Seller delivers a native PDF to Buyer then Buyer will send back in the same format. 

  

	3)	Seller (Acquisitions) will check into Exodus. 

  

	4)	Seller creates work order for electronic with PDF’s placed on server. 

  

	5)	Buyer scans, QCs, paginates, adds UMI page, etc., as instructed by notes in WO. Buyer creates master in e-Beam. If QC passes item, Buyer delivers information to manager location. If
fails anywhere in scan process, Buyer will notify Seller regardless of the cause. 

  

	6)	Seller resolves failure issues that are fault of Seller input, splits work order if required, returns materials to New Co for reprocessing (split work orders are treated like new
work orders) 

  

	7)	Buyer will process and file film masters in the vault after order processing. 

  

	8)	Seller is responsible for claiming and author relations. 

  

 25 

 Statement of Work 
  
 1.05 Paper Scan and Conversion of PDF Newspapers 
  
 Called out separately from other paper scan and PDF conversion because criteria has not been set. It is expected that ouputs volume
requirements will be equal to those of Newspaper Film Mastering (SOW 1.01) and will likely have similar production specs to those of Periodical scanning. No hardware to support this process has been acquired to date, although it has been
investigated both for capability and throughput. PDF conversion will likely have to support film and XML creation for load to Seller digital vaults such as Historical Newspapers (“HNP”). 
  
 To Be Delivered: This will be managed through the process outlined in
Section 2.6 of the Manufacturing Agreement (Change in Services). 
  
 Criteria and reports on hardware 
 Expenditures necessary 
 Time frames to acquire 
 Ownership 

FTEs required to manage 
 Capacities

  

 26 

 Statement of Work 
  
 1.06 Serial and Collection Film Scanning (APS, HNP, EEBO, etc) 
  
 Specifications: 
  
 Film Scan Image Quality and Start-up Guidelines 
  
 All scanning is to be from 35mm film, or fiche, with output according to the requirements in
SOW Schedule A. 
  
 Pages filmed two-up are required to be split, each page
must be a file by itself 
  
 Images must be put in print order, as best can be
determined. Specs will be determined on a project by project basis and defined on SOW Schedule A. 
  
 These specs will be used to evaluate Buyer’s output quality. Requests to rescan due to image errors, poor contrast, missing source will be communicated from Seller on a regular source exceptions report. Rescans
will be done at no charge to Seller. If significant deliveries within a given project are out of spec thus impacting conversion vendor and product schedules, the appropriate Relationship Managers will determine remedy. 
  
 Historical Newspaper Image Quality (Buyer and Seller will have sample sets for use in
comparison) 
  
 Standards as determined by Product Manager and included in
SOW Schedule A for Evaluating HNP – subjective 1-10 scale (this is a current standard and will be defined in SOW Schedule A): 
  
 Chicago Tribune 1850’s – 1860’s = 1 
 Atlanta Constitution = 2 
 Chicago Tribune early 1900’s = 3 
 LA Times mid 1900’s = 4 
 Philadelphia
Inquirer = 5 
 NY Times 20th Century = 10 
  
 A sample scale is provided for APS,
EEBO and other collections in SOW Schedule A. 
  
 Quality of Microfilm is
the main driver. In all cases, tests should be conducted from existing film with Seller Product and Vendor Management responsible for determining whether to proceed or pursue mitigation strategies. 
  

 27 

 Start up Process to be followed at the start of every scanning project (typically product specific) for identification
of images that will result in undesirable OCR quality: 
  

	1)	Scan a representative sample from beginning, middle, and end of each film run, more samples may be required dependent upon the size of the project as required in SOW Schedule
A. 

  

	2)	Evaluate and grade against predefined scale 

  

	3)	Deliver samples and grade to Seller for evaluation by Product and Vendor Management 

  

	4)	Images will go to Seller conversion vendor to test their ability to zone, OCR and clean up 

  

	5)	Vendor will deliver results and conversion pricing to Seller 

  

	6)	Seller will notify Buyer on results and may at this time request rescans or other actions 

  

	7)	If approved by Seller, Buyer will begin the process and develop a delivery schedule 

  
 During the Scan/Scan QC process if an operator finds that 20% of the pages in a batch* consists of images of which at least 50% of the page
contains unreadable text due to fading, bleed through, background noise, missing/cut off text, the following procedures will begin: These are current standards and may be amended by Seller. 
  

	*	“Batch” will be defined by product in SOW Schedule A 

  

	1.	Buyer Scan/Scan QC will identify the batch by spot-checking within the range, until acceptable images are found. 

  

	2.	Scan coordinator will notify Seller QA and Vendor Management and supply samples of the images. 

  

	3.	Seller Product Management will be engaged for internal sample review and formal notification of film condition and image quality. 

  

	4.	Seller will send samples to vendor for OCR evaluation and notify Buyer of results to determine if and how conversion on the images should progress. 

  
 Rejects for skew, density, focus, missing and partial pages will be reworked by Buyer at no
charge to Seller. Buyer will provide samples of any questionable images prior to large scale conversion. Although the cost to replace is a Buyer liability, significant delay in recognition could impact Seller product delivery schedules and vendor
commitments for which there will be a penalty. 
  
 Film Scan Timelines

  
 Film Scan Schedules for Seller product will be set on an annual basis;
will be adjusted quarterly as additional opportunities or shifts in market demands dictate (See SOW Schedule D). 
  

 28 

 Statement of Work 
  
 1.07 Book Film Scanning (Dissertations & BOD) 
  
 Dissertations and Books on Demand (BOD) pages will be scanned from film (or, for BOD,
regardless of input) according to the requirements in SOW Schedule A. Final output files will be delivered to Seller to be wrapped as PDF for deposit in Seller PQDD vault for Dissertations, or maintained as TIFF for BOD and delivered to
Seller jukeboxes and Buyer Print Operations. Any rescans required will be completed at no cost to Seller if the error resulted from the scan or print process rather than a problem with the source film 
  
 BOD 
  

	1)	Seller retains rights management and product maintenance in Exodus BOD system 

  

	2)	Seller will keep the Workman jukebox (Seller asset digital archive) 

  

	3)	Buyer will have access to this digital archive. 

  

	4)	Seller may request Buyer to print hard-copy—xerography print and bind. 

  

	5)	If the content is not in the jukebox, Buyer pulls the film or book, then scans to file directly to jukebox. The cost structure should be the same as scanning film or paper scanning
and confirms to the standards for these services. 

  
 Preservation Dissertations (Bound, Un-Bound, Backfile and Delicate) 
  
 DAAP – Dissertations Archival and Access Program 
  
 Retro – Film Scant (exists in the vault to be digitized. Sold as per project) 
  
 Publishing – Start from original (never published)

  
 Scanning of Non-Standard dissertations (maps, folders, color, size): This is a
project #185 that will be managed through the process outlined in Section 2.6 of the Manufacturing Agreement (Change in Services). 
  

 29 

 Statement of Work 
  
 1.08 Product Distribution and Fulfillment 
  
 Specifications: 
  
 Some shipping and distribution issues are being resolved in the Transitional Services Agreement. Until those are resolved Buyer will perform all shipping and distribution
for Seller including, beyond Transition, complete distribution services for all Seller products that require a physical shipment to Seller customers. 
  
 Buyer will produce customer copies resulting from monthly/daily Seller orders by existing turnaround times and revenue forecasts in SOW Schedules B and D. Based on
timing of order receipt and volume demands, Buyer from time to time may not be able to complete production within cycle time requirements. In these cases Buyer will contact the appropriate Seller Relationship Manager to review and agree upon an
alternate approach or appropriate remedy. These occurrences will be tracked and reported. 
  
 Services: 
  
 Buyer will manage
fulfillment of Seller released orders in such a way that adheres to current print master storage and handling practices and ensures completeness and accuracy of order to Seller customer. All materials used by Buyer for Seller product fulfillment
must meet existing product specifications according to the requirements in SOW Schedule E. 
  
 For Film: 
  
 From time to time
items may be backordered (in cases such as Vendor Film). Buyer will respond to replacement requests from Seller Customer Service for any defined as production error at no charge. These occurrences will be tracked and reported along with corrective
action processes implemented to mitigate repeat occurrence. Buyer will extract film from Buyer’s Working or Archive vault as appropriate to fulfill orders. Film will be inspected for physical defects prior to submission to print and again after
print fulfillment is completed. Film will be re-filed in Buyer’s Vault in the same file sequence from which it was pulled. Any defects found on Seller film, either prior to printing, post printing or in the course of normal vault management
activities will be reported to Seller. Replacement masters, either working or archive, will be completed at Buyer expense if damaged in the process. Defects found pre-process will be resolved at Seller’s discretion. 
  
 For Collections: 
  
 Purchased Film: Seller owns acquiring film and Buyer will provide vault services and fulfillment. 
  
 Purchased Master: Seller owns acquiring master and Buyer creates working
master. 
  

 30 

 For Dissertations: 
  

	1)	For dissertations to be returned to submitting institution or author, Seller will provide packing slip/transmittal list to Buyer who will pick dissertations from storage area and
ship to school location indicated. For recyclable dissertations, Seller will provide Buyer with lists on a weekly basis of items that can be disposed for recycling. 

  

	2)	Seller will create masters for dissertation indexes and will own the relationship with outside vendor(s) or other printers and will provide Buyer with hard-copy for customer
fulfillment. (Note: Buyer will provide pick, pack and ship for customer fulfillment). 

  

	3)	Seller retains ownership of dissertation copy fulfillment activities and Seller owns relationship with outside vendor(s). Buyer provides support for current processes. This
assumption is for school, author and one-time hard-copy sales. 

  

	4)	Dissertations copies follows the same process as fulfillment process for BOD. 

  

	5)	Buyer will provide fulfillment services for all Film Copies of Dissertations including one time sales and Library of Congress standing order. 

  
 Dissertation Indexes 
  

	1)	Seller Manages with outside vendor – Buyer ships, Seller will provide Buyer with a Shipping Label Feed. 

  
 HQ books—Not in stock, DDP prints from electronic files 
  

	1)	This product is owned by Seller and pick/print ship fulfilled by Buyer. 

  

	2)	Electronic files on are network, a set of CDs from Salt Lake and on a box in the data center 

  

	3)	Transition issue: Buyer will print customer copies from electronic files provided by Seller. 

  
 Newspaper indexes 
  

	1)	Seller works with vendor to print. 

  

	2)	For annual, Seller provides Buyer with copies to fulfill 

  

	3)	For monthly, Seller provides e-file to Buyer and Buyer produces customer copies and distribution. 

  
 Culture Grams and Enduring Issue 
  

	1)	Seller will facilitate all printing and production of the products; Buyer will pick, pack and ship. 

  
 Guides 
  

	1)	Buyer charge back for printing/assembling guides. 

  

	2)	Seller maintains inventory and Buyer warehouses the inventory. 

  

 31 

	3)	Continue to use current DDP work order print request process to facilitate Buyer work. 

  
 CD-ROM 
  

	1)	Seller will retain the CD-ROM mastering activities and relationship with the Vendor. Seller will be responsible for order assembly. Buyer will provide packaging and distribution
services for these products. 

  
 Phone Fiche This has
been announced as a discontinued product. Buyer will continue the distribution on its current monthly release schedule through the 2005 publishing year, at which time it will be discontinued. 
  

 32 

 [intentionally omitted] 
  

 33 

 SCHEDULE C 
  

Initial Estimated Monthly Requirements 
  

 34 

 DELIVERABLE PRICING MODEL AND SERVICE LEVEL AGREEMENTS 
 NON-PERIODICAL VOLUME FORECAST (NOV 2005 JAN 2006) 
  

																											
	 Functional Area

	  	Service
Level
Agreement

	  	 Manufacturing Process

	 	Deliverable
Unit

	 	CPU

	 	Nov
2005
Forecast

	 	Estimated
NAPC
Cost

	 	Estimated
NAPC
Invoice

	 	Dec
2005
Forecast

	 	Estimated
NAPC
Cost

	 	Estimated
NAPC
Invoice

	 	Jan
2006
Forecast

	 	Estimated
NAPC
Cost

	 	Estimated
NAPC
Invoice

	 Mastering
	  	1.01	  	Planetary Camera Filming	 	Pages	 	 	 	CONFIDENTIAL TREATMENT REQUESTED
	 Mastering
	  	1.01	  	EBR Filming	 	Pages	 	 	 
	 Mastering
	  	1.01	  	35mm Print Masters	 	Titles/Pubs	 	 	 
	 Mastering
	  	1.01	  	16mm Print Masters	 	Titles/Pubs	 	 	 
	 Mastering
	  	1.01	  	105mm Print Masters	 	Titles/Pubs	 	 	 
	 Mastering
	  	1.01	  	Vault Duplication Print Masters	 	Titles/Pubs	 	 	 
	 Convert to Digital
	  	1.03	  	Paper Scan Periodicals	 	Pages	 	 	 
	 Convert to Digital
	  	1.03	  	Paper Scan Dissertations	 	Pages	 	 	 
	 Convert to Digital
	  	1.04	  	Conversion of PDF Dissertations	 	Pages	 	 	 
	 Convert to Digital
	  	1.03	  	Paper Scan Newspaper (Estimated)	 	Pages	 	 	 
	 Convert to Digital
	  	1.05	  	Conversion of PDF Newspapers (Estimated)	 	Pages	 	 	 
	 Convert to Digital
	  	1.06	  	HNP Film Scanning	 	Pages	 	 	 
	 Convert to Digital
	  	1.06	  	APS & HMO Film Scanning	 	Pages	 	 	 
	 Convert to Digital
	  	1.07	  	Dissertation Film Scanning	 	Pages	 	 	 
	 Convert to Digital
	  	1.07	  	BOD	 	Pages	 	 	 
	 Convert to Digital
	  	1.06	  	EEBO	 	Pages	 	 	 
	 Convert to Digital
	  	1.06	  	Various Other	 	Pages	 	 	 
	 Convert to Digital
	  	1.06	  	Service Model	 	Pages	 	 	 
	 Fulfillment
	  	x	  	Dissertation Copies	 	Impressions	 	 	 
	 Fulfillment
	  	x	  	Books On Demand	 	Impressions	 	 	 
	 Fulfillment
	  	x	  	In-House Production	 	Impressions	 	 	 
	 Fulfillment
	  	1.08	  	Orders for Microfilm Prep (3.5.2)	 	Each	 	 	 
	 Fulfillment
	  	1.09	  	35mm Copies (80% Silver, 20% Vesicular)	 	Reels	 	 	 
	 Fulfillment
	  	1.09	  	16mm Copies (90% Silver, 10% Diazo)	 	Reels	 	 	 
	 Fulfillment
	  	1.09	  	105mm Copies (52% Silver, 26% Ves., 22% Diazo)	 	Fische	 	 	 
	 Mastering
	  	1.01	  	Wooster Newpapers Filming	 	Pages	 	 	 
	 Fulfillment
	  	1.09	  	Wooster 35mm Copies 50/50 Silver/Ves	 	Reels	 	 	 
	 Mastering
	  	N/A	  	Wooster Phonefische TDC Filming	 	Pages	 	 	 
	 Fulfillment
	  	N/A	  	Wooster Phonefische Copies	 	Fische	 	 	 
	 Fulfillment
	  	1.1	  	Distribution	 	Packages	 	 	 

  

 35 

 SCHEDULE D 
  

Components of Buyer’s Cost and Overhead 
  

 36 

 DELIVERABLE PRICING MODEL AND SERVICE LEVEL AGREEMENTS 
  

											
	 FUNCTIONAL
AREA

	  	SERVICE
LEVEL
AGREEMENT

	 	 MANUFACTURING PROCESS

	  	DELIVERABLE UNIT

	 	2005
VOLUMES

	 	COST
PER
UNIT

	 Mastering
	  	1.01	 	Planetary Camera Filming	  	Pages	 	CONFIDENTIAL
TREATMENT
REQUESTED
	 Mastering
	  	1.01	 	EBR Filming	  	Pages	 
	 Mastering
	  	1.01	 	35mm Print Masters	  	Titles/Pubs	 
	 Mastering
	  	1.01	 	16mm Print Masters	  	Titles/Pubs	 
	 Mastering
	  	1.01	 	105mm Print Masters	  	Titles/Pubs	 
	 Mastering
	  	1.01	 	Vault Duplication Print Masters	  	Titles/Pubs	 
	 Convert to Digital
	  	1.03	 	Paper Scan Periodicals	  	Pages	 
	 Convert to Digital
	  	1.03	 	Paper Scan Dissertations	  	Pages	 
	 Convert to Digital
	  	1.04	 	Conversion of PDF Dissertations	  	Pages	 
	 Convert to Digital
	  	1.03	 	Paper Scan Newspaper (Estimated)	  	Pages	 
	 Convert to Digital
	  	1.05	 	Conversion of PDF Newspapers (Estimated)	  	Pages	 
	 Convert to Digital
	  	1.06	 	HNP Film Scanning	  	Pages	 
	 Convert to Digital
	  	1.06	 	APS & HMO Film Scanning	  	Pages	 
	 Convert to Digital
	  	1.07	 	Dissertation Film Scanning	  	Pages	 
	 Convert to Digital
	  	1.07	 	BOD	  	Pages	 
	 Convert to Digital
	  	1.06	 	EEBO	  	Pages	 
	 Convert to Digital
	  	1.06	 	Various Other	  	Pages	 
	 Convert to Digital
	  	1.06	 	Service Model	  	Pages	 
	 Fulfillment
	  	X	 	Dissertation Copies	  	Impressions	 
	 Fulfillment
	  	X	 	Books On Demand	  	Impressions	 
	 Fulfillment
	  	X	 	In-house Production	  	Impressions	 
	 Fulfillment
	  	1.08	 	Orders for Microfilm Prep (3.5.2)	  	Each	 
	 Fulfillment
	  	1.09	 	35mm Copies (80% Silver, 20% Vesicular)	  	Reels	 
	 Fulfillment
	  	1.09	 	16mm Copies (90% Silver, 10% Diazo)	  	Reels	 
	 Fulfillment
	  	1.09	 	105mm Copies (52% Silver, 26% Ves., 22% Diazo)	  	Fiche	 
	 Mastering
	  	1.01	 	Wooster Newspapers Filming	  	Pages	 
	 Fulfillment
	  	1.09	 	Wooster 35mm Copies 50/50 Silver/Ves	  	Reels	 
	 Mastering
	  	N/A	 	Wooster Phonefiche TDC Filming	  	Pages	 
	 Fulfillment
	  	N/A	 	Wooster Phonefiche Copies	  	Fiche	 
	 Fulfillment
	  	1.10	 	Distribution	  	Packages	 
	 	  	1.02	 	Vault Management	  	Monthly Service Fee	 
	 	  	1.11	 	Logistics/Warehousing	  	Monthly Service Fee	 

  

 37 

 COST PER UNIT MODELING FOR NEMO 
 2004 Actual, 2005 - 09 Forecast 
  

																																							
	 Product
ID

	 	RFP
ID

	 	 Functional
Area

	 	SLA
Ref

	 	 Unit
Description

	 	Units

	 	Volume

	 	FTE

	 	Budget
Center

	 	AVG
SALARY

	  	Direct
Labor

	  	Direct
CPU

	  	Indirect
LABOR

	  	Indirect
CPU

	  	Raw
Material

	  	Supplier,
Other

	  	Total
Material

	  	2005
Material
Cost Per
Unit

	  	2005
Total
Cost

	  	2005
Total
Cost
Per
Unit

	 DIRECT LABOR PROCESSES
	  	 	  	 
	1.00	 	3.3.2	 	Mastering	 	1.01	 	Planetary Camera Filming	 	Pages	 	CONFIDENTIAL
TREATMENT
REQUESTED	 	19.0	 	DB304	 	CONFIDENTIAL TREATMENT REQUESTED	  	 
	2.00	 	3.3.2	 	Mastering	 	1.01	 	EBR Filming	 	Pages	 	 	4.0	 	DB304	 	  	 
	3.00	 	3.3.3	 	Mastering	 	1.01	 	35mm Print Masters	 	Titles/Pubs	 	 	3.0	 	PD308	 	  	 
	3.00	 	3.3.3	 	Mastering	 	1.01	 	16mm Print Masters	 	Titles/Pubs	 	 	1.0	 	PD308	 	  	 
	3.00	 	3.3.3	 	Mastering	 	1.01	 	105mm Print Masters	 	Titles/Pubs	 	 	5.0	 	PD308	 	  	 
	4.00	 	3.3.3	 	Mastering	 	1.01	 	Vault Duplication Print Masters	 	Titles/Pubs	 	 	8.0	 	PD308	 	  	 
	5.00	 	3.3.4	 	Convert to Digital	 	1.03	 	Paper Scan Periodicals	 	Pages	 	 	7.0	 	DB304	 	  	 
	6.00	 	3.3.4	 	Convert to Digital	 	1.03	 	Paper Scan Dissertations	 	Pages	 	 	12.0	 	DB304	 	  	 
	7.00	 	3.3.4	 	Convert to Digital	 	1.04	 	Conversion of PDF Dissertations	 	Pages	 	 	2.5	 	DB304	 	  	 
	8.00	 	3.3.4	 	Convert to Digital	 	1.05	 	Paper Scan Newspaper (TBD)	 	Pages	 	 	0.0	 	DB304	 	  	 
	9.00	 	3.3.4	 	Convert to Digital	 	1.04	 	Conversion of PDF Newspapers (TBD)	 	Pages	 	 	0.0	 	DB304	 	  	 
	10.00	 	3.4.3	 	Convert to Digital	 	1.06	 	HNP Film Scanning	 	Pages	 	 	40.0	 	DB304	 	  	 
	11.00	 	3.4.3	 	Convert to Digital	 	1.06	 	APS & HMO Film Scanning	 	Pages	 	 	13.5	 	DB304	 	  	 
	12.00	 	3.4.3	 	Convert to Digital	 	1.07	 	Dissertation Film Scanning	 	Pages	 	 	12.5	 	DB304	 	  	 
	13.00	 	3.4.3	 	Convert to Digital	 	1.07	 	BOD	 	Pages	 	 	1.0	 	DB304	 	  	 
	14.00	 	3.4.3	 	Convert to Digital	 	1.06	 	EEBO	 	Pages	 	 	2.5	 	DB304	 	  	 
	15.00	 	3.4.3	 	Convert to Digital	 	1.06	 	Various Other	 	Pages	 	 	8.0	 	DB304	 	  	 
	16.00	 	3.4.3	 	Convert to Digital	 	1.06	 	Service Model	 	Pages	 	 	1.0	 	DB304	 	  	 
	 	 	 	 	Fulfillment	 	x	 	Dissertation Copies	 	Impressions	 	 	2.0	 	DB304	 	  	 
	 	 	 	 	Fulfillment	 	x	 	Books On Demand	 	Impressions	 	 	0.5	 	DB304	 	  	 
	 	 	 	 	Fulfillment	 	x	 	In-House Production	 	Impressions	 	 	1.0	 	DB304	 	  	 
	17.00	 	3.5.3	 	Fulfillment	 	1.08	 	Orders for Microfilm Prep (3.5.2)	 	Each	 	 	8.5	 	PD301	 	  	 
	18.00	 	3.5.3	 	Fulfillment	 	1.09	 	35mm Copies (80% Silver, 20% Vesicular)	 	Reels	 	 	8.0	 	PD301	 	  	 
	19.00	 	3.5.3	 	Fulfillment	 	1.09	 	16mm Copies (90% Silver, 10% Diazo)	 	Reels	 	 	0.0	 	PD301	 	  	 
	20.00	 	3.5.3	 	Fulfillment	 	1.09	 	105mm Copies (52% Silver, 26% Ves., 22% Diazo)	 	Fische	 	 	7.5	 	PD301	 	  	 
	21.00	 	3.6.2	 	Mastering	 	1.01	 	Wooster Newpapers Filming	 	Pages	 	 	23.0	 	OM306	 	  	 
	22.00	 	3.6.2	 	Fulfillment	 	1.09	 	Wooster 35mm Copies 50/50 Silver/Ves	 	Reels	 	 	2.0	 	OM311	 	  	 
	23.00	 	3.6.3	 	Mastering	 	N/A	 	Wooster Phonefische TDC Filming	 	Pages	 	 	2.0	 	OM310	 	  	 
	24.00	 	3.6.3	 	Fulfillment	 	N/A	 	Wooster Phonefische Copies	 	Fische	 	 	2.0	 	OM310	 	  	 
	25.00	 	3.5.6	 	Fulfillment	 	1.10	 	Distribution	 	Packages	 	 	7.0	 	DB304	 	  	 
	ALL BELOW ALLOCATED TO ABOVE	 	 	 	 	 	 	  	 
	 	 	3.3.4	 	Convert to Digital	 	 	 	Image QC	 	Pages	 	 	4.0	 	DB304	 	  	 
	 	 	3.4.3	 	Convert to Digital	 	 	 	Image QC and Split	 	Pages	 	 	12.0	 	DB304	 	  	 
	 	 	3.5.3	 	Fulfillment	 	 	 	QC of Print Check Rolls	 	Reels	 	 	1.0	 	DB304	 	  	 
	 	 	3.5.5	 	Fulfillment	 	 	 	Finishing (Stripe, Cut, Wind and Box)	 	Units	 	 	13.0	 	DB304	 	  	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	30.0	 	 	 	  	 
	 	 	 	 	 	 	 	 	 	 	 	 	SUBTOTAL	 	234	 	 	 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 	1.02	 	Vault Management	 	 	 	 	 	 	 	 	 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 	1.11	 	Logistics/Warehousing	 	 	 	 	 	 	 	 	 	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 

  

 38 

																							
	 	  	 Process

	  	unit

	  	volume

	  	raw
material

	  	boxes/
cartons

	  	reels

	  	chemicals

	  	paper

	  	binding,
other pap,
fuser, glue

	  	16mm
cart.

	  	In-house
print

	 Mastering
	  	 Planetary Camera Filming
	  	Pages	  	CONFIDENTIAL TREATMENT REQUESTED
	 Mastering
	  	 EBR Filming
	  	Pages	  
	 Mastering
	  	 35mm Print Masters
	  	Titles/Pubs	  
	 Mastering
	  	 16mm Print Masters
	  	Titles/Pubs	  
	 Mastering
	  	 105mm Print Masters
	  	Titles/Pubs	  
	 Mastering
	  	 Vault Duplication Print Masters
	  	Titles/Pubs	  
	 Fulfillment
	  	 Dissertation Copies
	  	Impressions	  
	 Fulfillment
	  	 Books On Demand
	  	Impressions	  
	 Fulfillment
	  	 In-House Production
	  	Impressions	  
	 Fulfillment
	  	 Orders for Microfilm Prep (3.5.2)
	  	Each	  
	 Fulfillment
	  	 35mm Copies (80% Silver, 20% Vesicular)
	  	Reels	  
	 Fulfillment
	  	 16mm Copies (90% Silver, 10% Diazo)
	  	Reels	  
	 Fulfillment
	  	 105mm Copies (52% Silver, 26% Ves., 22% Diazo)
	  	Fische	  
	 Mastering
	  	 Wooster Newpapers Filming
	  	Pages	  
	 Fulfillment
	  	 Wooster 35mm Copies 50/50 Silver/Ves
	  	Reels	  
	 Mastering
	  	 Wooster Phonefische TDC Filming
	  	Pages	  
	 Fulfillment
	  	 Wooster Phonefische Copies
	  	Fische	  

  

 39 

							
	Average of Salary end of 05	  	E/NE

	  	 NE

	  	 Grand Total

	 Budget Ctr

	  	E

	  	  
	 DB304
	  	CONFIDENTIAL
TREATMENT
REQUESTED	  	CONFIDENTIAL
TREATMENT
REQUESTED
	 DB432
	  	  
	 DB433
	  	  
	 DV301
	  	  
	 MR301
	  	  
	 OM301
	  	  
	 OM306
	  	  
	 OM308
	  	  
	 OM310
	  	  
	 OM311
	  	  
	 PD301
	  	  
	 PD308
	  	  
	 Grand Total
	  	  
				
	Sum of Salary end of 05	  	E/NE

	  	 NE

	  	 Grand Total

	 Budget Ctr

	  	E

	  	  
	 DB304
	  	CONFIDENTIAL
TREATMENT
REQUESTED	  	CONFIDENTIAL
TREATMENT
REQUESTED
	 DB432
	  	  
	 DB433
	  	  
	 DV301
	  	  
	 MR301
	  	  
	 OM301
	  	  
	 OM306
	  	  
	 OM308
	  	  
	 OM310
	  	  
	 OM311
	  	  
	 PD301
	  	  
	 PD308
	  	  
	 Grand Total
	  	  
	 	  	LOADED	  	 	  	 
				
	Count of Salary end of 05	  	E/NE

	  	
	  	 Grand Total

	 Budget Ctr

	  	E

	  	NE

	  
	 DB304
	  	CONFIDENTIAL
TREATMENT
REQUESTED	  	CONFIDENTIAL
TREATMENT
REQUESTED
	 DB432
	  	  
	 DB433
	  	  
	 DV301
	  	  
	 MR301
	  	  
	 OM301
	  	  
	 OM306
	  	  
	 OM308
	  	  
	 OM310
	  	  
	 OM311
	  	  
	 PD301
	  	  
	 PD308
	  	  
	 Grand Total
	  	  
				
	 INDIRECT

	  	AVG

	  	SUM

	  	FTE

	 DB432
	  	CONFIDENTIAL
TREATMENT
REQUESTED	  	5
	 DB433
	  	  	7
	 DV301
	  	  	6
	 MR301
	  	  	1
	 OM301
	  	  	21
	 OM308
	  	  	4
	 	  	  	44

  

 40 

 ProQuest Square Footage Estimates 
  
 Allocation Determines Non-Data Center Utilities Split – Adjusted
Quarterly 
  

																				
	 Film Related Manufacturing

	  	Current
Space

	  	TOTAL

	  	ALLOC

	 	 	NAPC

	 	 	ALLOC

	 	 	PQIL

	 	 	TOTAL
ALLOCATED

	 
	 Archival Vault Floor Space *
	  	16,700	  	16,700	  	25	%	 	4,175	 	 	75.00	%	 	12,525	 	 	16,700	 
	 Working Vault Floor Space *
	  	15,400	  	15,400	  	75	%	 	11,550	 	 	25.00	%	 	3,850	 	 	15,400	 
	 Wooster Vault **
	  	6,049	  	6,049	  	0	%	 	0	 	 	100.00	%	 	6,049	 	 	6,049	 
	 Unvaulted Film
	  	1,520	  	1,520	  	0	%	 	0	 	 	100.00	%	 	1,520	 	 	1,520	 
	 HardCopy Vault (*), (***)
	  	14,050	  	14,050	  	100	%	 	14,050	 	 	0.00	%	 	0	 	 	14,050	 
	 Mastering ***
	  	13,922	  	13,922	  	75	%	 	10,442	 	 	25.00	%	 	3,481	 	 	13,922	 
	 Prep and Print ***
	  	21,263	  	21,263	  	50	%	 	10,632	 	 	50.00	%	 	10,632	 	 	21,263	 
	 Processing ***
	  	5,050	  	5,050	  	75	%	 	3,788	 	 	25.00	%	 	1,263	 	 	5,050	 
	 Research Collections
	  	2,200	  	2,200	  	0	%	 	0	 	 	100.00	%	 	2,200	 	 	2,200	 
	 Total Film Space
	  	96,154	  	96,154	  	57	%	 	54,636	 	 	43.00	%	 	41,519	 	 	96,154	 
	 Paper Print Manufacturing
	  	 	  	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Printing
	  	2,450	  	2,450	  	85	%	 	2,083	 	 	15.00	%	 	368	 	 	2,450	 
	 Binding
	  	3,400	  	3,400	  	95	%	 	3,230	 	 	5.00	%	 	170	 	 	3,400	 
	 Total Print Space
	  	5,850	  	5,850	  	91	%	 	5,313	 	 	9.00	%	 	538	 	 	5,850	 
	 Electronic Manufacturing
	  	 	  	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Film Scanning
	  	2,150	  	2,150	  	0	%	 	0	 	 	100.00	%	 	2,150	 	 	2,150	 
	 Paper Scanning
	  	1,500	  	1,500	  	0	%	 	0	 	 	100.00	%	 	1,500	 	 	1,500	 
	 QC
	  	650	  	650	  	0	%	 	0	 	 	100.00	%	 	650	 	 	650	 
	 e-Feeds, Mapping, PM and PQDZ check-in
	  	1,400	  	1,400	  	0	%	 	0	 	 	100.00	%	 	1,400	 	 	1,400	 
	 Total Electronic Space
	  	5,700	  	5,700	  	0	%	 	0	 	 	100.00	%	 	5,700	 	 	5,700	 
	 Fulfillment
	  	 	  	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Shipping
	  	5,850	  	5,850	  	50	%	 	2,925	 	 	50.00	%	 	2,925	 	 	5,850	 
	 Receiving
	  	4,300	  	4,300	  	50	%	 	2,150	 	 	50.00	%	 	2,150	 	 	4,300	 
	 Lit Fulfillment
	  	670	  	670	  	0	%	 	0	 	 	100.00	%	 	670	 	 	670	 
	 POF
	  	2,275	  	2,275	  	0	%	 	0	 	 	100.00	%	 	2,275	 	 	2,275	 
	 Wooster
	  	300	  	300	  	0	%	 	0	 	 	100.00	%	 	300	 	 	300	 
	 Total Fulfillment Space
	  	13,395	  	13,395	  	38	%	 	5,075	 	 	62.00	%	 	8,320	 	 	13,395	 
	 Warehouse
	  	 	  	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Zeeb - on site
	  	663	  	663	  	100	%	 	663	 	 	0.00	%	 	0	 	 	663	 
	 Warehouse 1
	  	9,000	  	9,000	  	100	%	 	9,000	 	 	0.00	%	 	0	 	 	9,000	 
	 Warehouse 2
	  	9,000	  	9,000	  	0	%	 	0	 	 	100.00	%	 	9,000	 	 	9,000	 
	 Warehouse 3
	  	9,000	  	0	  	0	%	 	0	 	 	100.00	%	 	0	 	 	0	 
	 Wooster
	  	500	  	3,000	  	0	%	 	0	 	 	100.00	%	 	3,000	 	 	3,000	 
	 Total Warehouse Space
	  	28,163	  	21,663	  	45	%	 	9,663	 	 	55.00	%	 	12,000	 	 	21,663	 
	 Support Areas
	  	 	  	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 CS
	  	1,600	  	1,600	  	25	%	 	400	 	 	75.00	%	 	1,200	 	 	1,600	 
	 Tech Support
	  	800	  	800	  	0	%	 	0	 	 	100.00	%	 	800	 	 	800	 
	 IS/HelpDesk/IT
	  	4,815	  	4,815	  	50	%	 	2,408	 	 	50.00	%	 	2,408	 	 	4,815	 
	 Total Support Areas
	  	7,215	  	7,215	  	39	%	 	2,808	 	 	61.00	%	 	4,408	 	 	7,215	 
	 Other
	  	 	  	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 Periodicals ****
	  	2,500	  	2,500	  	100	%	 	2,500	 	 	0.00	%	 	0	 	 	2,500	 
	 Dissertations ****
	  	6,663	  	6,663	  	0	%	 	0	 	 	100.00	%	 	6,663	 	 	6,663	 
	 Product/Bib
	  	2,400	  	2,400	  	20	%	 	480	 	 	80.00	%	 	1,920	 	 	2,400	 
	 VIP Offices ***
	  	500	  	500	  	50	%	 	250	 	 	50.00	%	 	250	 	 	500	 
	 Total Acquisitions Space
	  	12,063	  	12,063	  	27	%	 	3,230	 	 	73.00	%	 	8,833	 	 	12,063	 
	 Additional Admin/Mgmt & Support
	  	2,675	  	2,675	  	100	%	 	2,675	 	 	0.00	%	 	0	 	 	2,675	 
	 Total Admin/Mgmt
	  	2,675	  	2,675	  	100	%	 	2,675	 	 	0.00	%	 	0	 	 	2,675	 
	 Total Huxley Space
	  	171,215	  	164,715	  	51	%	 	83,399	 	 	49.00	%	 	81,317	 	 	164,715	 
	 	  	 	  	 	  	 	 	 	51	%	 	 	 	 	49	%	 	100	%
	 Total Minus Film Vaults and Warehouse
	  	103,383	  	103,383	  	 	 	 	58,011	 	 	 	 	 	45,373	 	 	103,383	 
	 Headcount in AA and Wooster
	  	516	  	516	  	 	 	 	516	 	 	 	 	 	516	 	 	516	 
	 Square Feet per Person
	  	201	  	201	  	 	 	 	113	 	 	 	 	 	88	 	 	201	 
	 Less Warehouse / Wooster
	  	143,415	  	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 

  

 41 

 DELIVERABLE PRICING MODEL AND SERVICE LEVEL AGREEMENTS 
 VOLUME PLAN 2006 
  

									
	 FUNCTIONAL AREA

	  	SERVICE
LEVEL
AGREEMENT

	  	 MANUFACTURING PROCESS

	  	DELIVERABLE
UNIT

	  	FY 2006 Plan

	 Mastering
	  	1.01	  	Planetary Camera Filming	  	Pages	  	CONFIDENTIAL
TREATMENT
REQUESTED
	 Mastering
	  	1.01	  	EBR Filming	  	Pages	  
	 Mastering
	  	1.01	  	35mm Print Masters	  	Titles/Pubs	  
	 Mastering
	  	1.01	  	16mm Print Masters	  	Titles/Pubs	  
	 Mastering
	  	1.01	  	105mm Print Masters	  	Titles/Pubs	  
	 Mastering
	  	1.01	  	Vault Duplication Print Masters	  	Titles/Pubs	  
	 Convert to Digital
	  	1.03	  	Paper Scan Periodicals	  	Pages	  
	 Convert to Digital
	  	1.03	  	Paper Scan Dissertations	  	Pages	  
	 Convert to Digital
	  	1.04	  	Conversion of PDF Dissertations	  	Pages	  
	 Convert to Digital
	  	1.03	  	Paper Scan Newspaper (Estimated)	  	Pages	  
	 Convert to Digital
	  	1.05	  	Conversion of PDF Newspapers (Estimated)	  	Pages	  
	 Convert to Digital
	  	1.06	  	HNP Film Scanning	  	Pages	  
	 Convert to Digital
	  	1.06	  	APS & HMO Film Scanning	  	Pages	  
	 Convert to Digital
	  	1.07	  	Dissertation Film Scanning	  	Pages	  
	 Convert to Digital
	  	1.07	  	BOD	  	Pages	  
	 Convert to Digital
	  	1.06	  	EEBO	  	Pages	  
	 Convert to Digital
	  	1.06	  	Various Other	  	Pages	  
	 Convert to Digital
	  	1.06	  	Service Model	  	Pages	  
	 Fulfillment
	  	X	  	Dissertation Copies	  	Impressions	  
	 Fulfillment
	  	X	  	Books On Demand	  	Impressions	  
	 Fulfillment
	  	X	  	In-house Production	  	Impressions	  
	 Fulfillment
	  	1.08	  	Orders for Microfilm Prep (3.5.2)	  	Each	  
	 Fulfillment
	  	1.09	  	35mm Copies (80% Silver, 20% Vesicular)	  	Reels	  
	 Fulfillment
	  	1.09	  	16mm Copies (90% Silver, 10% Diazo)	  	Reels	  
	 Fulfillment
	  	1.09	  	105mm Copies (52% Sliver, 26% Ves., 22% Diazo)	  	Fiche	  
	 Mastering
	  	1.01	  	Wooster Newspapers Filming	  	Pages	  
	 Fulfillment
	  	1.09	  	Woostar 35mm Copies 50/50 Silver/Ves	  	Reels	  
	 Mastering
	  	N/A	  	Wooster Phonefiche TDC Filming	  	Pages	  
	 Fulfillment
	  	N/A	  	Wooster Phoneftche Copies	  	Fiche	  
	 Fulfillment
	  	1.10	  	Distribution	  	Packages	  

  

 42Fourth Amendment to Lease

 Exhibit 10.1 
  
 TWO TWENTY TWO BERKELEY STREET 
 Boston, Massachusetts 
  
 FOURTH
AMENDMENT TO LEASE 
 Houghton Mifflin Company 
  

THIS FOURTH AMENDMENT TO LEASE (“Fourth Amendment”) is made as of July 28, 2005, by and between TWO TWENTY TWO BERKELEY VENTURE,
a joint venture, having an office at 222 Berkeley Street, Suite 1420, Boston, Massachusetts 02116 (hereinafter, “Landlord” or the “222 Berkeley Landlord”) and HOUGHTON MIFFLIN COMPANY, a Massachusetts corporation
with an address at 222 Berkeley Street, Boston, MA 02116 (hereinafter, “Tenant”). 
  
 Background 
  
 A. Pursuant to the provisions of that certain Lease dated as of December 16, 1991, as amended by a First Amendment to Lease Agreement dated as of February 13, 1992, a Second Amendment to Lease Agreement dated as of July 15,
1992, and a Third Amendment to Lease Agreement dated as of May 31, 1994 between Landlord and Tenant (as so amended and as hereby or hereafter amended from time to time, the “Lease” or the “222 Berkeley Lease”),
Tenant leases from Landlord and Landlord leases to Tenant certain premises located on Floors 3 through 11 currently containing 245,629 square feet of Net Rentable Area (such premises, as the same may be reduced or expanded in accordance with
this Fourth Amendment, is referred to herein as the “Leased Premises”) and certain storage space located on level P-3 containing 1,806 square feet (the “Storage Space”) of the building located at 222 Berkeley
Street, Boston, Massachusetts (the “Building” or the “222 Berkeley Building”). Unless otherwise defined herein, all of the capitalized terms used herein shall have the respective meanings ascribed to them in the
Lease. 
  
 B. The Term of the Lease is currently scheduled to
expire on February 28, 2007. 
  
 C. Landlord and Tenant
desire to amend the Lease to extend the Term of the Lease through February 28, 2017, on the terms and conditions set forth in this Fourth Amendment. 
  
 D. Landlord’s affiliate, Five Hundred Boylston West Venture (the “500 Boylston Landlord”), owns the property adjacent to the
Building known as 500 Boylston Street, Boston, Massachusetts (the “500 Boylston Building”). Tenant currently leases certain space on Floor 18 of the 500 Boylston Building (the “18th Floor Space”) pursuant to a Lease with the 500 Boylston Landlord dated as of
November 1, 2003, as assigned to Tenant pursuant to an Assignment and Amendment of Lease dated as of November 5, 2004 (the “Assignment Agreement”; such Lease as so assigned and amended, the “Existing 500 Boylston
Lease”) for a term that is currently scheduled to expire on February 28, 2007. Tenant also subleases from a third party the entire Floor 5 of the 500 Boylston Building (the “5th Floor Space”) for a sublease term currently scheduled to expire on February 28,
2007. The prime lease between the 500 Boylston Landlord and Tenant’s sublandlord for the 5th Floor Space has a
term that expires on September 30, 2008. 

 E. Simultaneously with this Fourth Amendment, (1) Tenant has extended the term of its sublease for
the 5th Floor Space at the 500 Boylston Building through September 30, 2008 and (2) the 500 Boylston
Landlord and Tenant have entered into an Amended and Restated Lease of even date herewith (the Existing 500 Boylston Lease, as thereby amended and restated or hereafter amended from time to time, is referred to as the “500 Boylston
Lease”) to provide for, among other things, (a) the extension of the term of the 500 Boylston Lease through February 28, 2017, (b) a direct lease of the 5th Floor Space upon the expiration of Tenant’s sublease of the 5th Floor Space on October 1, 2008, and (c) the implementation of the “Swap” (as defined in Paragraph 2 below), which, if exercised by Tenant under Paragraph 2 below, shall
affect certain portions of the Leased Premises under the 222 Berkeley Lease and certain portions of the leased premises under the 500 Boylston Lease as set forth below. 
  
 Agreement 
  
 NOW, THEREFORE, in consideration of the foregoing and mutual covenants contained herein, Landlord and Tenant hereby agree to modify and amend the Lease as
follows: 
  
 1. Extension. 
  
 (a) Extension. Tenant and Landlord hereby agree to extend the Term of
the Lease for a period of ten (10) years commencing on March 1, 2007 and expiring at the end of the day on February 28, 2017 (the “Extended Term”), on the terms set forth below. Except as otherwise specifically
provided herein, Tenant’s lease of the Leased Premises (as from time to time existing pursuant to the terms of this Fourth Amendment) during the Extended Term shall be upon all of the terms and conditions of the Lease in effect as of the date
of this Fourth Amendment. 
  
 (b) Basic Lease Information.
Effective as of the date of this Fourth Amendment, the following definitions shall replace or supplement the corresponding definitions in the Basic Information Sheet of the Lease: 
  

			
	Term Expiration Date:	  	February 28, 2017
		
	Extended Term:	  	March 1, 2007 through February 28, 2017
		
	Option to Extend Term:	  	One option to extend the Term for a period of ten (10) years for the period March 1, 2017 through February 28, 2027
		
	 Location of Leased Premises:
	  	19,692 square feet on Floor 11,
		
	 	  	     830 square feet on Floor 10,
		
	 	  	19,032 square feet on Floor 9,
		
	 	  	19,441 square feet on Floor 8,
		
	 	  	19,449 square feet on Floor 7,
		
	 	  	39,133 square feet on Floor 6,
		
	 	  	43,420 square feet on Floor 5,
		
	 	  	42,813 square feet on Floor 4, and
		
	 	  	41,819 square feet on Floor 3,
		
	 	  	all as shown on Exhibit A, of the Building
	 	  	located on the Land described in Exhibit A-1

  

 - 2 - 

 Base Rent (per square foot of Net Rentable Area per annum) during the Extended Term for the respective
portions of the Leased Premises on the following floors: 
  

										
	 	  	Floors 3, 4, 5, 6

	  	Floors 7, 8, 9, 10

	  	Floor 11

	 Years 16 – 20:
	  	$	13.50	  	$	17.00	  	$	20.50
	 Years 21 – 25:
	  	$	15.00	  	$	18.50	  	$	22.00

  
 Year 16 shall
commence on March 1, 2007, and each subsequent year shall commence on the next anniversary of such date. 
  
 (c) Operating Cost and Impositions. With respect to the Extended Term, Tenant shall pay Tenant’s Proportionate Share of Operating Cost and
Impositions as set forth in Sections 2.03 through 2.08 of the Lease with respect to the Leased Premises from time to time existing under the Lease, as amended hereby. 
  
 (d) Condition. Tenant shall lease the Leased Premises in their “as-is” condition as of the date hereof. Any
improvements that Tenant may desire to make in the Leased Premises shall be made in accordance with and subject to the terms of the Lease including, without limitation, Section 4.06 thereof. Landlord shall not be required to perform any tenant
improvement work or to provide any tenant improvement allowance with respect to the Extended Term or the Leased Premises. 
  
 (e) Storage Space. During the Extended Term, Tenant shall lease the Storage Space (which contains 1,806 square feet) on the same terms and
conditions set forth in the Lease for the Storage Space except that the annual rent for the Storage Space shall be equal to (i) $14 per square foot of Storage Space for each of the first five years of the Extended Term (March 1, 2007
through February 29, 2012) and (ii) $16 per square foot of Storage Space for each of the second five years of the Extended Term (March 1, 2012 through February 28, 2017). The rent for the Storage Space during any Second Extended
Term (if applicable) under Paragraph 4 below shall be the fair market rent for the Storage Space for such period (determined at the time and manner as the Fair Market Net Rent for the Leased Premises). 
  
 (f) Addition of Adjacent Space. Reference is made to the spaces
adjacent to the Leased Premises as outlined as the “Adjacent Spaces” on Exhibit A hereto, comprising (1) 570 square feet of Net Rentable Area on Floor 6, (2) 612 square feet of Net Rentable Area on Floor 5,
(3) 566 square feet of Net Rentable Area on Floor 4, and (4) 445 square feet of Net Rentable Area on Floor 3 (collectively, the “Adjacent Spaces”). Effective as of January 1, 2009, the Adjacent Spaces shall be
added to and become part of the Leased Premises, the Adjacent Spaces on Exhibit A shall be incorporated by reference into Exhibit A to the Lease, and (subject to Paragraph 2 below) Exhibit E attached to the Lease
shall be deleted and replaced by Exhibit E attached to this Fourth Amendment. Tenant’s lease of the Adjacent Spaces shall be on all of the same terms and conditions from time to time applicable to the Leased Premises under the Lease as

  

 - 3 - 

 
amended hereby for the Extended Term, including without limitation the provisions of this Paragraph 1 above. Effective as of January 1, 2009 (but
subject to Paragraph 2 below), the percentage specified in the second sentence of the definition of “Tenant’s Proportionate Share” in the Basic Lease Information section of the Lease shall be changed to “54.94%” and the
following definitions in the Basic Lease Information section of the Lease (as previously amended) shall be amended as follows: 
  

			
	 Location of Leased Premises:
	  	19,692 square feet on Floor 11,
		
	 	  	     830 square feet on Floor 10,
		
	 	  	19,032 square feet on Floor 9,
		
	 	  	19,441 square feet on Floor 8,
		
	 	  	19,449 square feet on Floor 7,
		
	 	  	39,703 square feet on Floor 6,
		
	 	  	44,032 square feet on Floor 5,
		
	 	  	43,379 square feet on Floor 4, and
		
	 	  	42,264 square feet on Floor 3,
		
	 	  	all as shown on Exhibit A, of the Building
	 	  	located on the Land described in Exhibit A-1
		
	Net Rentable Area:	  	247,822 square feet

  
 2. The Swap.
Tenant shall have the option (the “Swap Option”) to decrease the Leased Premises under the 222 Berkeley Lease and increase the leased premises under the 500 Boylston Lease, subject to and solely in accordance with the terms
expressly set forth in this Paragraph 2. If Tenant wishes to exercise the Swap Option, Tenant shall deliver notice of its exercise of the Swap Option in a notice delivered to the 222 Berkeley Landlord and the 500 Boylston Landlord on or before
August 1, 2005 (the “Swap Exercise Notice”). Time is of the essence in the timely exercise of the Swap Option. If Tenant fails to timely exercise the Swap Option by such date strictly in accordance with this Paragraph 2,
then Tenant shall be deemed to have irrevocably waived the Swap Option and this Paragraph 2 shall have no further force or effect. Tenant’s exercise of the Swap Option shall be irrevocable and unconditional. If Tenant provides an exercise
notice that purports to condition the exercise of the Swap Option, to change the terms of the Swap Option as set forth below, or to exercise the Swap Option only in part (except as expressly provided below), such exercise notice shall be invalid and
without force or effect. 
  
 If Tenant shall timely and validly
deliver the Swap Exercise Notice in accordance with this Paragraph 2, then all of the following shall occur, in each case effective as of 12:01 a.m. on January 1, 2009 (the “Swap Date”): 
  

	 	(a)	the portions of the Leased Premises located on floors 8, 9, and 11 (containing a total of 58,165 square feet of Net Rentable Area) (subject to clause (h) below, the
“Surrendered Space”) in the 222 Berkeley Building shall cease to be part of the Leased Premises under the 222 Berkeley Lease for all purposes, and the floor sheets for the Surrendered Space shall be deemed deleted from
Exhibit A to the 222 Berkeley Lease, 

  

 - 4 - 

	 	(b)	the 18th Floor Space in the 500 Boylston
Building (containing 15,694 square feet of Net Rentable Area) shall cease to be part of the leased premises under the 500 Boylston Lease, 

  

	 	(c)	the entire leaseable area on Floor 3 and Floor 4 of the 500 Boylston Building (containing a total of 99,441 square feet of Net Rentable Area) (collectively, the “New 500
Boylston Space”) shall be added to the leased premises under the 500 Boylston Lease, provided, however, that (subject to clause (h) below), if Tenant so elects in the Swap Exercise Notice, the New 500 Boylston Space shall
consist solely of the entire leaseable area on Floor 4 of the 500 Boylston Building (containing a total of 50,467 square feet of Net Rentable Area), 

  

	 	(d)	the spaces in the 222 Berkeley Building that are adjacent to the New 500 Boylston Space as outlined as the “Additional Adjacent Spaces” on Exhibit A hereto
(the “Additional Adjacent Spaces”), comprising (i) 609 square feet of Net Rentable Area on Floor 4, and (ii) only if Floor 3 is part of the New 500 Boylston Space, 480 square feet of Net Rentable Area on Floor 3,
shall be added to and become part of the Leased Premises under the 222 Berkeley Lease, and such Additional Adjacent Space(s) on Exhibit A shall be incorporated by reference into Exhibit A to the Lease. Tenant’s lease of
such Additional Adjacent Space(s) shall be on all of the same terms and conditions from time to time applicable to the Leased Premises under the 222 Berkeley Lease as amended hereby for the Extended Term, including without limitation the provisions
of this Paragraph 1 above, 

  

	 	(e)	the number of parking spaces available to Tenant under Section 12.01 of the 222 Berkeley Lease as of the Swap Date shall be proportionately reduced (in the ratio that the Net
Rentable Area of the Leased Premises after the Swap Option is effected bears to the Net Rentable Area of the Leased Premises immediately before the Swap Option is effected), which reduced number of spaces shall thereafter be subject to the
provisions of Section 12.01, 

  

	 	(f)	if the New 500 Boylston Space comprises both Floor 3 and Floor 4 under clause (c) above, then the last sentence of Paragraph 1(f) above (including the definitions of
Location of Leased Premises and Net Rentable Area) shall not apply, and instead the percentage specified in the second sentence of the definition of “Tenant’s Proportionate Share” in the Basic Lease Information section of the Lease
shall be changed to “42.29%” and the following definitions in the Basic Lease Information section of the 222 Berkeley Lease (as previously amended) shall be amended as follows: 

  

			
	 Location of Leased Premises:
	  	     830 square feet on Floor 10,
		
	 	  	19,449 square feet on Floor 7,
		
	 	  	39,703 square feet on Floor 6,
		
	 	  	44,032 square feet on Floor 5,
		
	 	  	43,988 square feet on Floor 4, and
		
	 	  	42,744 square feet on Floor 3,
		
	 	  	all as shown on Exhibit A, of the Building
	 	  	located on the Land described in Exhibit A-1
		
	 Net Rentable Area:
	  	190,746 square feet

  

 - 5 - 

 Effective as of the Swap Date, Base Rent (per square foot of Net Rentable Area per annum) during the
Extended Term for the respective portions of the Leased Premises on the following floors: 
  

							
	 	  	Floors 3, 4, 5, 6

	  	Floor 7, 10

	 Years 16 – 20:
	  	$	13.50	  	$	17.00
	 Years 21 – 25:
	  	$	15.00	  	$	18.50

  
 Year 16 shall
commence on March 1, 2007, and each subsequent year shall commence on the next anniversary of such date, 
  

	 	(g)	if the New 500 Boylston Space comprises only Floor 4 under clause (c) above, then the last sentence of Paragraph 1(f) above (including the definitions of Location of
Leased Premises and Net Rentable Area) shall not apply, and instead the percentage specified in the second sentence of the definition of “Tenant’s Proportionate Share” in the Basic Lease Information section of the Lease shall be
changed to “42.18%” and the following definitions in the Basic Lease Information section of the 222 Berkeley Lease (as previously amended) shall be amended as follows: 

  

			
	 Location of Leased Premises:
	  	     830 square feet on Floor 10,
		
	 	  	19,449 square feet on Floor 7,
		
	 	  	39,703 square feet on Floor 6,
		
	 	  	44,032 square feet on Floor 5,
		
	 	  	43,988 square feet on Floor 4, and
		
	 	  	42,264 square feet on Floor 3,
		
	 	  	all as shown on Exhibit A, of the Building
	 	  	located on the Land described in Exhibit A-1
		
	 Net Rentable Area:
	  	190,266 square feet

  
 Effective as of the
Swap Date, Base Rent (per square foot of Net Rentable Area per annum) during the Extended Term for the respective portions of the Leased Premises on the following floors: 
  

							
	 	  	Floors 3, 4, 5, 6

	  	Floor 7, 10

	 Years 16 – 20:
	  	$	13.50	  	$	17.00
	 Years 21 – 25:
	  	$	15.00	  	$	18.50

  
 Year 16 shall
commence on March 1, 2007, and each subsequent year shall commence on the next anniversary of such date, 
  

 - 6 - 

 and 
  

	 	(h)	Notwithstanding the foregoing, if Tenant so elects in the Swap Exercise Notice, the Surrendered Space under the 222 Berkeley Lease shall include floors 7, 8, 9, and 11 in the 222
Berkeley Building (containing a total of 77,614 square feet of Net Rentable Area), in which event (1) the New 500 Boylston Space shall consist of the entire leaseable area on Floors 3 and 4 of the 500 Boylston Building (containing a total of
99,441 square feet of Net Rentable Area) (i.e., Tenant shall not have the right to elect to lease only Floor 4 of the 500 Boylston Building as the New 500 Boylston Space under the proviso in clause (c) above) and (2) the last sentence
of Paragraph 1(f) above (including the definitions of Location of Leased Premises and Net Rentable Area) shall not apply, and instead the percentage specified in the second sentence of the definition of “Tenant’s Proportionate
Share” in the Basic Lease Information section of the Lease shall be changed to “37.97%” and the following definitions in the Basic Lease Information section of the 222 Berkeley Lease (as previously amended) shall be amended as
follows: 

  

			
	Location of Leased Premises:	  	     830 square feet on Floor 10,
		
	 	  	39,703 square feet on Floor 6,
		
	 	  	44,032 square feet on Floor 5,
		
	 	  	43,988 square feet on Floor 4, and
		
	 	  	42,744 square feet on Floor 3,
		
	 	  	all as shown on Exhibit A, of the Building
	 	  	located on the Land described in Exhibit A-1
		
	 Net Rentable Area:
	  	171,297 square feet

  
 Effective as of the
Swap Date, Base Rent (per square foot of Net Rentable Area per annum) during the Extended Term for the respective portions of the Leased Premises on the following floors: 
  

							
	 	  	Floors 3, 4, 5, 6

	  	Floor 10

	 Years 16 – 20:
	  	$	13.50	  	$	17.00
	 Years 21 – 25:
	  	$	15.00	  	$	18.50

  
 Year 16 shall
commence on March 1, 2007, and each subsequent year shall commence on the next anniversary of such date. 
  
 If Tenant shall timely and validly deliver the Swap Exercise Notice in accordance with this Paragraph 2, the foregoing changes in the Leased Premises
shall be self-operative without the need for further action by the parties, but in confirmation thereof the parties shall execute and deliver an amendment to the Lease confirming the exercise of the Swap Option and the adjustments to the Leased
Premises provided for herein. Such amendment shall contain an updated Exhibit E to the Lease, reflecting the foregoing changes in the Leased Premises. If the Swap Option is exercised, on or before the Swap Date, Tenant shall surrender
and vacate the Surrendered Space to Landlord 

  

 - 7 - 

 
in the condition required under Section 4.06 of the Lease. Any failure by Tenant to timely surrender and vacate the Surrendered Space to Landlord on or
before the Swap Date shall constitute a holdover as to which the provisions of Section 8.01 of the Lease shall apply as though such Section referred solely to the Surrendered Space. 
  
 3. Letter of Credit. On or before September 17, 2005, Tenant shall provide to Landlord a clean, irrevocable
letter of credit (together with any renewal or replacement thereof in accordance herewith, the “Letter of Credit”) in the Original Amount (as defined below) as security for the performance of the obligations of Tenant under the Lease,
subject to the terms and conditions set forth in this Paragraph 3. Any Letter of Credit delivered hereunder shall comply with the requirements of Schedule 1 attached hereto, which are hereby incorporated by reference herein. Tenant’s
failure to timely provide such Letter of Credit to Landlord shall constitute an Event of Default under the Lease. 
  
 (a) Original Amount. Tenant shall provide the Letter of Credit in the initial amount (“Original Amount”) equal to $2,519,635.00.
Notwithstanding the foregoing, (i) if Tenant exercises the Swap Option applicable under Paragraph 2(f), the Original Amount shall equal $1,789,987.00; (ii) if Tenant exercises the Swap Option applicable under Paragraph 2(g), the
Original Amount shall equal $2,082,912.00; and (iii) if Tenant exercises the Swap Option applicable under Paragraph 2(h), the Original Amount shall equal $1,703,118.00. 
  
 (b) Future Reductions. If no Event of Default exists under the Lease and no event or condition then exists which with
notice and the passage of time would give rise to such a default, then if Tenant has the Required Credit Rating on or after June 30, 2008, Tenant may reduce the amount of the Letter of Credit to zero, provided that such reduction shall not
occur if within the preceding eighteen months Landlord has validly drawn on the Letter of Credit in accordance with the terms hereof. If Tenant complies with such requirements and provides Landlord with reasonable evidence thereof, Landlord shall
provide such confirmation or acknowledgement as Tenant may reasonably request to effect the cancellation of the Letter of Credit. As used herein, the “Required Credit Rating” shall mean a senior unsecured debt rating of BBB- or better as
determined by Standard & Poors (or, if such credit rating agency does not then exist, by its successor or a comparable replacement credit rating agency reasonably designated by Landlord) for the immediately preceding six (6)
consecutive calendar quarters. 
  
 4. Contraction Option.
If Tenant does not exercise the Swap Option under Paragraph 2 above, then if and only if Tenant shall have timely exercised the contraction option under Section 12.02 of the 500 Boylston Lease to surrender the 18th Floor of the 500 Boylston Building, Tenant shall have the option (the “222 Contraction Option”) to exclude
the entire 11th Floor from the Leased Premises under the 222 Berkeley Lease effective as of the end of day on
February 28, 2007 (the “Contraction Date”). If Tenant wishes to exercise the 222 Contraction Option, Tenant shall deliver notice of its exercise of the 222 Contraction Option to the 222 Berkeley Landlord on or before
December 31, 2005 (the “222 Contraction Exercise Notice”). Time is of the essence in the timely exercise of the 222 Contraction Option. If Tenant fails to timely exercise the 222 Contraction Option by such date strictly in
accordance with this Paragraph 4, then Tenant shall be deemed to have irrevocably waived the 222 Contraction Option and this Paragraph 4 shall have no further force or effect. Tenant’s exercise of the 222 Contraction Option shall be
irrevocable and unconditional. If Tenant provides an exercise notice that purports 

  

 - 8 - 

 
to condition the exercise of the 222 Contraction Option, to change the terms of the 222 Contraction Option as set forth herein, or to exercise the 222
Contraction Option only in part, such exercise notice shall be invalid and without force or effect. If Tenant shall timely and validly deliver the 222 Contraction Exercise Notice in accordance with this Paragraph 4, effective as of the
Contraction Date the entire 11th Floor shall cease to be part of the Leased Premises under the 222 Berkeley Lease
for all purposes, and the floor sheets for the 11th Floor shall be deemed deleted from Exhibit A to the
222 Berkeley Lease. Such exclusion of the 11th Floor from the Leased Premises shall be self-operative without the
need for further action by the parties, but in confirmation thereof the parties shall execute and deliver an amendment to the Lease confirming the exercise of the 222 Contraction Option and the adjustments to the Leased Premises provided for herein.
Such amendment shall contain an updated Exhibit E to the Lease, reflecting the foregoing change in the Leased Premises. If the 222 Contraction Option is exercised, then Tenant shall surrender and vacate the 11th Floor to Landlord on the Contraction Date in the condition required under Section 4.06 of the Lease. Any failure by
Tenant to timely surrender and vacate the 11th Floor to Landlord on or before the Contraction Date shall constitute
a holdover as to which the provisions of Section 8.01 of the Lease shall apply as though such Section referred solely to the 11th Floor. 
  
 5. Second Extension
Option. Tenant shall have the option to extend the Term of the Lease beyond the end of the Extended Term for one period of ten (10) years (the “Second Extended Term”), in accordance with the terms and conditions of the Extension
Option set forth on Schedule 2 attached to this Fourth Amendment. Article 9 of the Lease is hereby deleted in its entirety, and Article 9 as set forth on Schedule 2 attached hereto is hereby inserted in its place. 
  
 6. General Provisions. Effective as of the date of this Fourth
Amendment: 
  
 (a) All references in the Lease to the “prime
rate of the Bank of Boston” (and its successor institutions) shall be deemed instead to refer to the “prime rate of interest from time to time published in the Wall Street Journal (or, if the same is no longer published, in a
comparable national financial publication reasonably designated by Landlord)”. 
  
 (b) Section 2.04 is hereby amended by inserting, at the beginning thereof, the following provision: 
  
 “Landlord shall, promptly after Tenant’s request after September 1 of any year in the Term, provide Tenant with
Landlord’s then preliminary estimates of the Operating Cost and Impositions for the next calendar year. If requested by Tenant, Landlord shall also meet with Tenant to discuss the likely ranges of such estimates based on the principal variables
then expected by Landlord in its preliminary budget for the coming year. Tenant acknowledges that Landlord may later revise such preliminary estimates after the completion (typically by December 1) of Landlord’s budget preparation process
for the upcoming year and upon receipt of final real estate tax bills for the fiscal tax year (typically during the month of December). Promptly after such budget process is completed, Landlord shall notify Tenant of the Estimated Operating Cost and
Estimated Impositions for the year in question (typically on or about December 15, subject to Landlord’s right to revise the same after receipt of final real estate tax bills). Prior to such notification, 

  

 - 9 - 

 
Landlord shall, from time to time upon Tenant’s request, provide Landlord’s then current estimates for such next calendar year. Landlord shall use
reasonable efforts during each calendar year, consistent with the management of a first-class office building, to monitor actual and projected Operating Cost and Impositions against the budgeted amounts on which Estimated Operating Cost and
Estimated Impositions were based and, if Landlord determines there will be a substantial difference between the actual and then projected remaining expenses and the total estimated charges for such calendar year, to make a mid-year estimated
adjustment to address such differential. All such estimated payments and charges shall be subject to a final year-end reconciliation pursuant to Section 2.07. The parties acknowledge that such year-end reconciliations for calendar year 2004 and
all prior years have been made and any adjustments thereto have been satisfactorily resolved, and the parties intend that the calculation of Operating Cost and Impositions in future years in a manner consistent with such prior operating history at
the Building will be deemed to comply with the terms of the Lease (as amended hereby).” 
  
 (c) Section 2.04(a)(i) of the Lease is hereby amended by deleting the phrase “only so long as ... initial development and construction of the Building” and inserting the following in its place:

  
 “only to the extent such costs are allocated by Landlord
between the Building and all other buildings for which such off-site employee has direct responsibility in accordance with a reasonable allocation methodology consistent with owners of comparable portfolios of first-class office buildings.”

  
 (d) Section 2.05 of the Lease is hereby amended by
inserting at the end of clause (iii) the phrase “(such allocation of Impositions to the Parking Section to be made in a manner consistent with prior operating practices for the Building [provided that if and for so long as Landlord
hereafter increases the percentage allocated to the Parking Section for all other tenants in the Building, Landlord shall also increase such percentage for Tenant] and the remaining Impositions [after such allocation to the Parking Section] to be
allocated on a per square foot basis between the Office Section and the Commercial Section as shown on Exhibit E)”. 
  
 (e) Section 3.02(a)(ii) of the Lease is hereby amended by deleting the word “written” and inserting “one (1) Business Day”
in place of “two (2) Business Days”. 
  
 (f)
Section 3.03 of the Lease is hereby amended by deleting the words “at least seventy-five percent (75%) of the Net Rentable Area included in the Leased Premises on the Term Commencement Date” (in both places) and inserting in its
place the words “at least 160,000 square feet of Net Rentable Area in the Leased Premises.” 
  
 (g) Section 4.06 of the Lease is hereby amended by inserting “two hundred thousand dollars ($200,000) in the aggregate” in place of
“twenty-five thousand dollars ($25,000)” in the first paragraph thereof. 
  
 (h) For so long as (1) the Landlord under the 222 Berkeley Lease and the landlord under the 500 Boylston Lease are the same entity or Affiliates (as defined below) and (2) the Tenant under the 222 Berkeley
Lease and the tenant under the 500 Boylston Lease are the same 

  

 - 10 - 

 
entity or Affiliates (as defined below), any Event of Default by Tenant under the 222 Berkeley Lease (continuing beyond any applicable notice and cure
period) shall constitute an event of default by the tenant under the 500 Boylston Lease without further notice or cure period, and any event of default by the tenant under the 500 Boylston Lease (continuing beyond any applicable notice and cure
period) shall constitute an Event of Default by Tenant under the 222 Berkeley Lease without further notice or cure period. “Affiliates”, as used herein, shall mean any entity that controls, is controlled by, or is under common control with
the subject entity, and “control” (and like terms) shall mean fifty percent (50%) or more of the direct or indirect beneficial ownership or voting interests in the entities. As of the date hereof, the Landlord under the 222 Berkeley
Lease and the landlord under the 500 Boylston Lease are Affiliates, and Tenant is the tenant under both the 222 Berkeley Lease and the 500 Boylston Lease. 
  
 (i) Section 8.05 of the Lease is hereby amended by inserting “Vice President of Real Estate” in place of “Treasurer” in both
places where it appears and by deleting the phrase “with the United States mail, certified or registered, postage prepaid, or”. 
  
 (j) Sections 8.17 and 8.18 and Article 10 of the Lease are hereby deleted in their entirety. 
  
 (k) Article 11 of the Lease is hereby amended by deleting the words
“and not greater than eighty-five percent (85%) of the total Net Rentable Area of the Office Section of the Building” and by inserting the following after the first full sentence of Section 11.01: 
  
 “Notwithstanding the foregoing, in no event shall the space(s) actually
leased by Tenant under this Article 11 exceed 80,000 square feet of Net Rentable Area in the aggregate for all such space(s). In addition, if Tenant gives a timely and valid exercise notice for the Swap Option, the 222 Contraction Option,
and/or the Surrender Option (each as defined in the Fourth Amendment to this Lease), as applicable, to exclude certain floor(s) of the Building from the Leased Premises as set forth in such Fourth Amendment, then the floors in the Building as to
which this Article 11 shall thereafter apply (the “Article 11 Floors”) shall be “moved down” in the Building and constitute the eleven (11) floors immediately above the highest full floor of the original
Leased Premises that will remain as a result of the surrender pursuant to such exercised option (provided that, solely as to the floor(s) that Tenant has so elected to surrender pursuant to the applicable option, the rights under this
Article 11 shall apply only after such space again becomes Available Space after the next lease(s) of such space following its surrender to Landlord). For example, if Tenant exercises the Swap Option for Floors 8, 9 and 11 under
Paragraph 2(a) of the Fourth Amendment, then the Article 11 Floors shall be Floors 8 through 18, and if Tenant exercises the Surrender Option solely as to Floor 11 under Section 9.02 of the Lease (as amended by Paragraph 5
of the Fourth Amendment), then the Article 11 Floors shall be Floors 10 through 20.” 
  
 7. Miscellaneous Construction Matters. 
  
 (a) To the extent, if any, that an Adjacent Space or Additional Adjacent Space leased by Tenant under Paragraph 1 or 2 above lacks a demising wall
separating such space from the common areas of the Building, then at Tenant’s request Landlord shall construct such a demising 

  

 - 11 - 

 
wall at Landlord’s sole expense and the parties shall reasonably cooperate with each other to coordinate the timing of such work with other work (if
any) to be performed by Tenant in connection with Tenant’s initial lease of such space. 
  
 (b) Tenant has advised Landlord that Tenant may wish to create access points between areas of the Leased Premises under the 222 Berkeley Lease into the immediately adjacent areas of the leased premises on the same
floor under the 500 Boylston Lease, by creating certain openings through the demising wall that separates the 222 Berkeley Building and the 500 Boylston Building. Subject to the provisions of the Lease (including, without limitation,
Section 4.06), Landlord shall not unreasonably withhold its consent to such alterations by Tenant, provided that such alterations shall comply with all applicable laws, building codes, regulations, and other governmental requirements, insurance
requirements, and Landlord’s construction requirements applicable to such work (including, without limitation, regarding any structural work). At the expiration or earlier termination of the Lease (or such earlier time, if any, as any such
connected adjacent areas shall cease to be part of the Leased Premises under the 222 Berkeley Lease or part of the leased premises under the 500 Boylston Lease), Tenant shall fill in any such openings in the demising wall and restore the demising
wall and affected areas to the condition existing immediately prior to such alterations. 
  
 8. Brokerage. Tenant and Landlord each warrant to the other that it has had no dealings with any broker or agent in connection with this Fourth Amendment other than McCall & Almy, Inc.
(“Broker”), and each covenants to defend (with counsel reasonably approved by the other party), hold harmless and indemnify the other party from and against any and all costs, expense or liability for any compensation, commission
and charges claimed by any broker or agent other than Broker arising out of the warranting party’s dealings in connection with this Fourth Amendment or the negotiation thereof. Landlord shall be responsible for compensating the Broker in
connection with this Fourth Amendment in accordance with the terms of a separate agreement between Landlord and Broker. 
  
 9. Ratification. Except as expressly modified by this Fourth Amendment, the Lease is hereby confirmed and shall remain in full force and effect as
written. 
  

 - 12 - 

  
 IN WITNESS WHEREOF, Landlord
and Tenant have entered into this Fourth Amendment as of the date first set forth above. 
  

							
	LANDLORD:
	
	TWO TWENTY TWO BERKELEY VENTURE
		
	By:	 	 Hines 222 Berkeley Limited Partnership, Venturer

			
	 	 	 By:
	 	 222 Berkeley, Inc., General Partner

				
	 	 	 	 	 By:
	 	 
	 	 	 	 	 	 	 Jeffrey C. Hines
 Senior Executive
 Vice President

	
	TENANT:
	
	HOUGHTON MIFFLIN COMPANY
		
	 By:
	 	 
	 Name:
	 	 	 	 
	 Title:
	 	 	 	 

  

 - 13 - 

  
 Exhibit A to Fourth
Amendment to Lease 
  
 (Adjacent Spaces and Additional Adjacent
Spaces) 
  

 - 14 - 

  
 Schedule 1 to Fourth
Amendment to Lease 
  
 (Letter of Credit Requirements)

  
 Capitalized terms used but not defined in this Schedule 1
shall have the meanings ascribed to them in the Amendment to which this Schedule is attached. 
  
 The Letter of Credit (i) shall be irrevocable and shall be issued by a commercial bank reasonably acceptable to Landlord that has an office in Boston, Massachusetts, New York City or other location in the
continental United States reasonably acceptable to Landlord that accepts requests for draws on the Letter of Credit, (ii) shall require only the presentation to the issuer of a certificate of the holder of the Letter of Credit stating that
Landlord is entitled to draw on the Letter of Credit pursuant to the terms of the Lease, (iii) shall be payable to Landlord or its successors in interest as the Landlord and shall be freely transferable without cost (other than a nominal
processing charge not exceeding $250) to any such successor or any lender holding a collateral assignment of Landlord’s interest in the Lease, (iv) shall be for an initial term of not less than one year and contain a provision that such
term shall be automatically renewed for successive one-year periods unless the issuer shall, at least forty five (45) days prior to the scheduled expiration date, give Landlord notice of such nonrenewal, and (v) shall either be in the form
attached to this Schedule 1 or be in form and substance reasonably acceptable to Landlord. Notwithstanding the foregoing, the term of the Letter of Credit for the final period shall be for a term ending not earlier than the date thirty
(30) days after the last day of the Term. 
  
 Landlord shall
be entitled to draw upon the Letter of Credit for its full amount or any portion thereof if (a) Tenant shall be in default or fail to perform any of its obligations under the Lease after the expiration of any applicable notice and cure period,
or be in default or fail to perform any of its obligations under the Lease and transmittal of a default notice is barred by applicable law, or fail to perform any of its obligations under the Lease and any applicable notice and cure period would
expire after the expiration of the Letter of Credit, or (b) not less than thirty (30) days before the scheduled expiration of the Letter of Credit, Tenant has not delivered to Landlord a new Letter of Credit in accordance with this
Schedule. Without limiting the generality of the foregoing, Landlord may, but shall not be obligated to, draw on the Letter of Credit from time to time in the event of a bankruptcy filing by or against Tenant and/or to compensate Landlord, in such
order as Landlord may determine, for all or any part of any unpaid rent, any damages arising from any termination of the Lease in accordance with its terms, and/or any damages arising from any rejection of the Lease in a bankruptcy proceeding
commenced by or against Tenant. Landlord may, but shall not be obligated to, apply the amount so drawn to the extent necessary to cure Tenant’s failure. 
  
 Any amount of the Letter of Credit drawn in excess of the amount applied by the Landlord to cure any such failure shall be held by the Landlord as a cash
security deposit for the performance by Tenant of its obligations under the Lease. Any cash security deposit may be mingled with other funds of the Landlord, and no fiduciary relationship shall be created with respect to such deposit, nor shall the
Landlord be liable to pay Tenant interest thereon. If Tenant shall fail to perform any of its obligations under this Lease after the giving of any applicable notice and the expiration of any applicable grace or cure period, or be in default or fail
to perform any of its obligations under the Lease and transmittal of a default notice is barred by applicable law, Landlord may, but shall 

  

 - 15 - 

 
not be obliged to, apply the cash security deposit to the extent necessary to cure Tenant’s failure. After any such application by the Landlord of the
Letter of Credit or cash security deposit, as the case may be, Tenant shall reinstate the Letter of Credit to the amount originally required to be maintained under the Lease, within ten (10) days after Landlord gives Tenant notice of such
application (and after such a reinstatement of the Letter of Credit, any unapplied cash security deposit shall be returned to Tenant). Provided that Tenant is not then in default under the Lease, and no condition exists or event has occurred which
after the expiration of any applicable notice or cure period would constitute such a default, within thirty (30) days after the expiration or sooner termination of the Term the Letter of Credit and any cash security deposit, to the extent not
applied, shall be returned to the Tenant, without interest. 
  
 In
the event of a sale of the Building or lease, conveyance or transfer of the Building, Landlord shall transfer its interest in the Letter of Credit or cash security deposit to the transferee. Notwithstanding anything to the contrary set forth in this
Lease, Landlord shall be responsible for such transfer of the Letter of Credit to a transferee until such transfer has been completed. Upon such transfer, the transferring Landlord shall be released by Tenant from all liability for the return of
such security, and Tenant agrees to look to the transferee solely for the return of said security. The provisions hereof shall apply to every transfer or assignment made of the security to such a transferee. Tenant further covenants that it will not
assign or encumber or attempt to assign or encumber the Letter of Credit or the monies deposited herein as security, and that neither Landlord nor its successors or assigns shall be bound by any assignment, encumbrance, attempted assignment or
attempted encumbrance. 
  

 - 16 - 

 Form of Letter of Credit (attachment to Schedule 1) 
  
 [Letterhead of Issuing Bank] 
  
                                     Date: _____ __, 2005

  

	RE:	IRREVOCABLE COMMERCIAL LETTER OF CREDIT NO. ____ 

  

	TO:	Two Twenty Two Berkeley Venture 

	 	c/o Hines Interests Limited Partnership 

	 	222 Berkeley Street 

	 	Boston, MA 02116 

  
 Gentlemen: 
  
 We hereby issue our Irrevocable
Commercial Letter of Credit in your favor, for the account of ______________, a _______________ (“Tenant”), in the amount of ________________ Dollars ($_______.00). This amount is available to you on presentation of your sight draft drawn
upon us referring to the above letter of credit number, date and amount being drawn hereunder, accompanied by the signed statement by a person purporting to be your authorized representative, that the amount drawn hereunder is being drawn pursuant
to the terms of the Lease dated as of ___________, as amended, between Tenant, as tenant, and you, as landlord for certain premises located at 222 Berkeley Street, Boston, Massachusetts (the “Lease”). 
  
 Any draft presented for payment must be presented on or before __________, 200_, the date
this Letter of Credit expires, subject to extension as set forth below. Partial drawings are permitted. 
  
 This Letter of Credit shall automatically be extended and renewed for successive one-year periods at the end of the stated expiration date and each anniversary thereof unless we notify you, in writing, no later than
forty-five (45) days prior to the then applicable expiration date, that we will not extend and renew the Letter of Credit for another one-year term. 
  
 We hereby certify that this is an unconditional and irrevocable Letter of Credit and agree that a draft drawn under and in compliance with the terms hereof will be
honored upon presentation at our office at __________________, Boston, Massachusetts [or New York City]. 
  
 If you sell or otherwise transfer any interest in the Building (as defined in the Lease), in the land upon which the same is located, in the Lease, or in Landlord (including consolidations, mergers or other entity
changes), you shall have the right to transfer this Letter of Credit to your transferee(s), successors or assigns. 
  
 Except to the extent inconsistent with the express provisions hereof, this Letter of Credit is subject to and governed by Uniform Customs and Practice for Documentary
Credits (1993 Revision) International Chamber of Commerce publication number 500. 
  

	
	 [Name of Bank]

	
	 
	 Authorized Signature

  
 302051.01 
  

 - 17 - 

 Schedule 2 to Fourth Amendment to Lease 
  
 (Option for Second Extended Term) 
  
 ARTICLE 9 OPTION TO EXTEND THE TERM 
  
 9.01 Grant and Exercise of Option to Extend. Tenant shall have the option (the “Extension Option”) to
extend the Term for the entire Leased Premises (except as set forth in Section 9.02 below) beyond the end of the Extended Term for one additional ten (10) year period (the “Second Extended Term”), subject to the terms and
conditions of this Article 9. If Tenant desires to exercise the Extension Option, then Tenant shall, on or before the date that is twenty-four (24) months prior to the last day of the Extended Term (the “Exercise Deadline”), give
Landlord notice of Tenant’s election to extend the Term for the Second Extended Term (“Tenant’s Exercise Notice”). Time is of the essence for Tenant to timely deliver the Tenant’s Exercise Notice by the date required
hereunder. If Tenant does not timely deliver the Tenant’s Exercise Notice, Tenant shall be deemed to have irrevocably waived the Extension Option, and the Term shall end on the last day of the Extended Term (i.e., February 28, 2017).
Notwithstanding anything to the contrary herein, Tenant’s Extension Option shall, at Landlord’s election, be void if, as of the Exercise Deadline (i) there exists an Event of Default or a condition as to which Tenant has received
notice, which, with the passage of time, would constitute an Event of Default (unless Tenant commences to cure such condition prior to the occurrence of an Event of Default as a result thereof and thereafter continuously and diligently pursues such
cure to completion), or (ii) Tenant has assigned the Lease to any party (other than a Tenant Affiliate) or does not occupy for its own uses (or for use by a Tenant Affiliate) at least 75% of the Net Rentable Area of the Leased Premises, or
(iii) Tenant does not have the Required Credit Rating (as defined in Paragraph 3 of the Fourth Amendment to this Lease). Tenant shall provide Landlord with evidence that it has the Required Credit Rating. 
  
 9.02 Surrender of Floors. Tenant shall have the right (the
“Surrender Option”), to be exercised by Tenant’s statement in Tenant’s Exercise Notice, to exclude from the Leased Premises for the Second Extended Term either (a) the top full floor of the Leased Premises or (b) the
top two (2) full floors of the Leased Premises (plus, in either case (a) or (b), if Tenant so elects in Tenant’s Exercise Notice, the partial floor space on floor 10) (the floor(s) as to which Tenant exercises the Surrender
Option are the “Surrendered Floor(s)”); provided, however, that in no event shall any Surrendered Floor be floor 6 or any lower floor. (For example, if floor 11 is the top floor of the Leased Premises and the Leased Premises include
only a portion of floor 10, the Surrendered Floor(s) under clause (b) would be floors 9 and 11 [plus, if Tenant so elected, the partial floor 10 space], and if Tenant exercised the Swap Option under the Fourth Amendment to this Lease to
surrender floors 8, 9 and 11, then the Surrender Option shall apply only as to floor 7 [plus, if Tenant so elected, the partial floor 10 space], but shall not apply to floor 6. The Surrender Option shall be applicable to space leased
under Article 11 only if mutually agreed by the parties in connection with such leasing.) If Tenant shall fail to timely exercise the Surrender Option in Tenant’s Exercise Notice (specifying the applicable Surrendered Floor(s) as provided
above), the Surrender Option shall be deemed waived and shall be of no further force or effect. If Tenant exercises the Surrender Option, then upon the expiration of the Extended Term (i.e., February 28, 2017), the Leased Premises shall cease
to include the Surrendered Floor(s), and Tenant shall vacate 

  

 - 18 - 

 
and surrender the Surrendered Floor(s) in the condition required under the Lease. Any failure by Tenant to timely surrender and vacate the Surrendered
Floor(s) to Landlord on or before such date shall constitute a holdover as to which the provisions of Section 8.01 of the Lease shall apply as though such Section referred solely to the Surrendered Floor(s). If Tenant shall timely and validly
exercise the Surrender Option in accordance with this Section 9.02, the foregoing changes in the Leased Premises shall be self-operative without the need for further action by the parties, but in confirmation thereof the parties shall execute
and deliver an amendment to the Lease confirming the exercise of the Surrender Option for the Surrendered Floor(s), the deletion of the Surrendered Floor(s) from the Leased Premises (including in Exhibit A), and a restatement of the remaining
Net Rentable Area of the Leased Premises, the Tenant’s Proportionate Share, and Exhibit E, all reflecting the remaining Leased Premises as of the commencement of the Second Extended Term. 
  
 9.03 Rent During Second Extended Term. The Base Rent for the Leased
Premises during the Second Extended Term shall be the Fair Market Net Rent for the Leased Premises for the Second Extended Term. The Fair Market Net Rent shall be determined by Landlord with notice given to Tenant no later than one hundred and
twenty (120) days prior to the commencement of the Second Extended Term subject to the Tenant’s right to demand appraisal pursuant to the provisions of Section 7.01. Failure on the part of the Landlord to give such notice in a timely
manner shall not vitiate the right to require an adjustment of the Base Rent, but within thirty (30) days after the determination of the Base Rent for the Second Extended Term the parties shall make appropriate adjustments (if any) for any
underpayment or overpayment retroactive to the commencement of the Second Extended Term. Failure on the part of Tenant to demand appraisal within thirty (30) days after receipt of notice from Landlord of Landlord’s determination of Fair
Market Net Rent shall constitute a waiver of Tenant’s right to demand appraisal, and shall bind Tenant to the Fair Market Net Rent as determined by Landlord. If Tenant elects to exercise its right to demand appraisal and if the appraisal
process shall not have been concluded prior to the Second Extended Term, then Landlord’s estimate of the Fair Market Net Rent shall be temporarily applicable for purposes of determining Tenant’s obligation to pay the Base Rent. However,
once the new rate is in fact agreed upon or determined pursuant to Section 7.01, if it is higher or lower than the rate paid by Tenant during the period such rate should have been in effect, then Landlord or Tenant (as the case may be) shall
pay to the other party, within ten (10) days after agreement upon or determination of the new rate, an amount sufficient to result in Landlord’s having been paid rental at the new rate from the commencement of the portion of the term
during which such rate was to have been in effect, together with the interest at the so-called prime rate of interest from time to time published in the Wall Street Journal with respect to any portion of such rent not paid when due because of the
operation of this paragraph, from the date payment was due to the date paid. 
  
 9.04 Lease Continues in Effect. From and after commencement of any Second Extended Term hereunder, all of the other terms, covenants and conditions of this Lease shall apply, and reference to the Term shall
thereafter be deemed to include the Second Extended Term, except that the Base Rent shall be revised by an amendment to the Lease to reflect any adjustment in the Base Rent, and from and after the commencement of the Second Extended Term, Tenant
shall have no further right to extend the Term. 
  

 - 19 - 

  
 Exhibit A to Fourth Amendment
to Lease  
  
 (Adjacent Spaces and Additional Adjacent
Spaces) 

  
 EXHIBIT A 
  
 Effective January 1, 2009 
  
 

 

  
 EXHIBIT A 
  
 Effective January 1, 2009 
  
 

 

  
 EXHIBIT A 
  
 Effective January 1, 2009 
  
 

 

  
 EXHIBIT A 
  
 Effective January 1, 2009 
  
 

 

  
 EXHIBIT E 

 
 Two Twenty Two Berkeley 
 Net Rentable Area of Floors in the Building 
 (Effective January 1, 2009 - without Swap space) 
  

													
	 	  	Full Floor
Net Rentable
Area (NRA)
Office Section

	  	Proportionate
Share Based
on 100%
Occupancy

	 	 	 Net Rentable
 Area (NRA)
Not Leased
by Tenant on
Partial Floor

	  	Proportionate Share
Based on 100%
Not Leased
by Tenant on
Partial Floor

	 	 	Net Rentable
Area (NRA)
Leased
by Tenant

	 1
	  	1,337	  	0.28	%	 	—  	  	0	%	 	—  
	 2a
	  	6,989	  	1.47	%	 	—  	  	0	%	 	—  
	 2b
	  	1,291	  	0.27	%	 	—  	  	0	%	 	—  
	 3
	  	42,744	  	9.00	%	 	480	  	0.10	%	 	42,264
	 4
	  	43,988	  	9.26	%	 	609	  	0.13	%	 	43,379
	 5
	  	44,032	  	9.27	%	 	—  	  	0	%	 	44,032
	 6
	  	40,318	  	8.49	%	 	615	  	0.13	%	 	39,703
	 7
	  	19,449	  	4.10	%	 	—  	  	0	%	 	19,449
	 8
	  	19,441	  	4.09	%	 	—  	  	0	%	 	19,441
	 9
	  	19,032	  	4.01	%	 	—  	  	0	%	 	19,032
	 10
	  	19,692	  	4.15	%	 	18,862	  	3.97	%	 	830
	 11
	  	19,692	  	4.15	%	 	—  	  	0	%	 	19,692
	 12
	  	19,692	  	4.15	%	 	—  	  	0	%	 	—  
	 13
	  	19,692	  	4.15	%	 	—  	  	0	%	 	—  
	 14
	  	19,692	  	4.15	%	 	—  	  	0	%	 	—  
	 15
	  	19,692	  	4.15	%	 	—  	  	0	%	 	—  
	 16
	  	19,695	  	4.15	%	 	—  	  	0	%	 	—  
	 17
	  	19,695	  	4.15	%	 	—  	  	0	%	 	—  
	 18
	  	18,947	  	3.99	%	 	—  	  	0	%	 	—  
	 19
	  	17,401	  	3.66	%	 	—  	  	0	%	 	—  
	 20
	  	14,315	  	3.01	%	 	—  	  	0	%	 	—  
	 21
	  	14,294	  	3.01	%	 	—  	  	0	%	 	—  
	 22
	  	13,703	  	2.89	%	 	—  	  	0	%	 	—  
	 	  	
	  	
	
	 	
	  	 	 	 	

	 	  	474,823	  	100.00	%	 	20,566	  	 	 	 	247,822

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00093-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00093-of-00352.parquet"}]]