Document:

Exhibit 4.3ii

    
      

      

    

    
      Exhibit
        4.3ii

       

      

       

      Amendment
        to Warrant Agreement dated October 22, 1999

      

      between

      

      Proginet
        Corporation 

      and
        

      MalloryFactor
        Inc.

      

      The
        above
        referenced Agreement is modified effective December 28. 2001 as follows:
        

      (1)
        Section 1.1 Grant of Warrants-

      

      This
        section is modified to delete in there entirety Section 1.1 subsections (iii),
        (iv), and (v). A new subsection (iii) is added to state the following:

      

      (iii)
        125,000 share of Common Stock at a Warrant Price of $.22 U.S. equal to the
        trading price on the Canadian Venture Exchange on the close of business on
        December 28 2001, which is the effective date of this amendment- Such warrants
        shall vest on the date of December 28, 2001 and may be exercised at any time
        during the five-year period commencing on the date hereof. 

      

      All
        other
        terms and conditions of the Warrant Agreement remain as provided for in such
        Warrant Agreement. 

      

      In
        witness whereof, Proginet has caused this Warrant Amendment to be signed
        and
        delivered by its duly authorized officer as of this 31 day of December
2001.
        

      

      Accepted:

      

      
        	
                Mallory
                  Factor Inc. 

              	
                Proginet
                  Corporation

              
	 	 
	
                  
                  /s/Mallory
                  Factor                         
                  

              	
                  
                  /s/Kevin M.
                  Kelly                                     
                  

              
	
                Signature:
                  Mallory Factor

              	
                Signature:
                  Kevin M. Kelly President, CEO

              
	 	 
	
                Date:
                  1/14/02

              	
                Date:
                  1/14/02Exhibit 4.10

     

    
      

      

    

    Exhibit
      4.10 Specimen Stock Certificate

     

    
      	
              Number

            	 	
              Shares

            
	 	 	 
	 	 	 
	 	 	 
	 	
              PROGINET
                CORPORATION

            	 
	 	
              INCOPORATED
                UNDER THE LAWS OF DELAWARE

            	
              SEE
                REVERSE SIDE FOR CERTAIN DEFINITIONS

            
	
              COMMON
                STOCK

            	 	
              CUSIP
                

              742942
                10 5

            
	 	 	 
	
              THIS
                CERTIFIES THAT

            	 	 
	 	
               

              SPECIMEN

            	 
	 	 	 
	
              IS
                THE OWNER OF

            	 	 
	 	
              FULLY
                PAID AND NONASSESSABLE SHARES OF THE COMMON STOCK, PAR VALUE $0.001,
                OF
                

              Proginet
                Corporation

              CERTIFICATE
                OF STOCK

              transferable
                on the books of the Corporation by the record holder hereof,
                in

              person
                or by duly authorized attorney upon surrender of this
                certificate

              properly
                endorsed.

              This
                certificate is not valid until countersigned and

              registered
                by the Transfer Agent and Registrar. Witness the facsimile seal
                of

              the
                Corporation and the facsimile signatures of its duly authorized
                officers.

            	 
	 	 	 
	
              DATED:

            	 	 
	 	 	 
	
              SPECIMEN

              [SIGNATURE
                APPEARS HERE]

              CHIEF
                FINANCIAL OFFICER AND TREASURER

            	
              [SEAL
                APPEARS HERE]

            	
              SPECIMEN

              [SIGNATURE
                APPEARS HERE] PRESIDENT AND CHIEF EXECUTIVE
                OFFICER

            

    

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    THE
      CORPORATION IS AUTHORIZED TO ISSUE MORE THAN ONE CLASS OF STOCK. THE CORPORATION
      WILL FURNISH TO THE HOLDER UPON REQUEST AND WITHOUT CHARGE THE POWERS,
      DESIGNATIONS, PREFERENCES AND RELATIVE. PARTICIPATING, OPTIONAL OR OTHER SPECIAL
      RIGHTS OF EACH CLASS OF STOCK OR SERIES THEREOF AND THE QUALIFICATIONS,
      LIMITATIONS OR RESTRICTIONS OF SUCH PREFERENCES AND/OR RIGHTS.

    

    The
      following abbreviations, when used in the Inscription on the face of this
      certificate, shall be construed as though they were written out in full
      according to applicable laws or regulations:

    

     

    
      	
              TEN
                COM -

            	
              as
                tenants in common

            	 	
              UNIF
                GIFT MIN ACT-

            	
              Custodian
                .

            
	
              TEN
                ENT -

            	
              as
                tenants by the entireties

            	 	 	
              (Cust)                                     (Minor)

            
	
              JT
                TEN -

            	
              as
                joint tenants with right of survivorship and not as tenants
                

            	 	
              Under
                Uniform Gifts to Minors Act

            	
               

            
	 	 in common	 	 	
              (State)

            
	 	 	 	 	 
	 	 	 	
              UNIF
                TRF MIN ACT

            	
              Custodian
                (until age )

            
	 	 	 	 	
              (Cust)

            
	 	 	 	 	 
	 	 	 	 	
              Under
                Uniform Transfers

            
	 	 	 	 	
              (Minor)

            
	 	 	 	 	 
	 	 	 	 	
              To
                Minors Act 

            
	 	 	 	 	
              (State)

            
	 	 	 	 	 
	 	 	 	 	 

    

    

    Additional
      abbreviations may also be used though not in the above list.

     

    For
      value
      received,
      ____________________________________________________________________________
      hereby sell, assign and transfer unto

     

    (PLEASE
      INSERT SOCIAL SECURITY OR OTHER

     INDENTIFYING
      NUMBER OF ASSIGNEE) 

     

    ______________________________

     

     

    
 

    
      
        

      

    

    (PLEASE
      PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF
      ASSIGNEE)

     

    
      
        

      

       

    

    ________________________________________________________________________________________________________________Shares

    of
      the
      Common Stock represented by the within Certificate. and do hereby irrevocably
      constitute and appoint

     

    ________________________________________________________________________________________________________________Attorney

    to
      transfer the said Stock on the books of the within named Corporation with full
      power of substitution in the premises.

     

    Dated
      _______________________

    

    
      
        

      

    

    NOTICE:
      The signature to this assignment must correspond with the name as written upon
      the face of the certificate in every particular, without alteration or
      enlargement, or any change whatever.

    

    

    Signature(s)
      Guaranteed:

     

    
 

    ____________________________________________________________________

    THE
      SIGNATURE MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION
      (BANKS,

     STOCKBROKERS,
      SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP

    IN
      AN
      APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM). PURSUANT TO S.E.C. RULE
      17AD-15.

     

     

     

     

     

    KEEP
      THIS CERTIFICATE IN A SAFE PLACE.  IF IT IS LOST, STOLEN, MUTILATED
      OR
      DESTROYED, THE CORPORATION WILL REQUIRE A BOND OF INDEMNITY AS A CONDITION
      TO
      THE ISSUANCE OF A REPLACEMENT CERTIFICATE.EXHIBIT 10.01

 

AMENDMENT NO. 10 TO RECEIVABLES PURCHASE
AGREEMENT

 

This Amendment No. 10 to Receivables Purchase Agreement (this “Amendment”)
is entered into as of June 16, 2005, among Comdata Funding Corporation, a
Delaware corporation (“Seller”), Comdata Network, Inc., a Maryland
corporation (the “Servicer”) (the Servicer together with Seller, the “Seller
Parties” and each a “Seller Party”), each Financial Institution
party hereto (the “Financial Institutions”), Jupiter Securitization
Corporation (the “Company” and “Jupiter”, and, together with the
Financial Institutions, the “Purchasers”), and JP Morgan Chase Bank,
N.A.(successor by merger to Bank One, NA (Main Office Chicago)), as agent for
the Purchasers (the “Agent”).

 

RECITALS

 

Each of the parties hereto
entered into that certain Receivables Purchase Agreement, dated as of June 24,
2002, as amended by (i) Amendment No. 1 to Receivables Purchase
Agreement dated as of June 20, 2003, (ii) Amendment No. 2 to
Receivables Purchase Agreement dated as of June 17, 2004, (iii) Amendment
No. 3 to Receivables Purchase Agreement and Amendment No. 1 to
Performance Undertaking dated as of August 4, 2004, (iv) Amendment No. 4
to Receivables Purchase Agreement and Amendment No. 2 to Performance
Undertaking dated as of September 30, 2004, (v) Amendment No. 5
to Receivables Purchase Agreement and Amendment No. 3 to Performance
Undertaking dated as of November 9, 2004, (vi) Amendment No. 6
to Receivables Purchase Agreement and Amendment No. 4 to Performance
Undertaking dated as of December 31, 2004, (vii) Amendment No. 7
to Receivables Purchase Agreement and Amendment No. 5 to Performance
Undertaking dated as of January 14, 2005, (viii) Amendment No. 8
to Receivables Purchase Agreement and Amendment No. 6 to Performance Undertaking
dated as of March 31, 2005 and (ix) Amendment No. 9 to
Receivables Purchase Agreement and Amendment No. 7 to Performance
Undertaking dated as of May 15, 2005 (as so amended and as further
amended, supplemented, restated or otherwise modified and in effect from time
to time, the “Purchase Agreement”).

 

Each Seller Party has requested amendments to certain provisions of the
Purchase Agreement; and, the Purchasers and the Agent desire to make such
amendments as more fully described herein.

 

Subject to the terms and
conditions hereof, each of the parties hereto now desires to amend the Purchase
Agreement as particularly described herein.

 

AMENDMENT
NO.10 TO

RECEIVABLES PURCHASE AGREEMENT

 

1

 

AGREEMENT

 

NOW, THEREFORE, in consideration of
the premises, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto hereby agree
as follows:

 

Section 1.   Definitions Used Herein.  Capitalized terms used herein and not
otherwise defined herein shall have the respective meanings set forth for such
terms in, or incorporated by reference into, the Purchase Agreement.

 

Section 2.   Amendments to the Purchase Agreement.  Subject to the terms and conditions set forth
herein, the Purchase Agreement is hereby amended as follows:

 

(a)   Exhibit I to the Purchase Agreement is
hereby amended by amending and restating in its entirety the definition of “Facility
Termination Date” in such exhibit to read as follows:

 

“Facility Termination Date” means the
earliest of June 15, 2008, (ii) the Liquidity Termination Date and (iii) the
Amortization Date.

 

(b)   Exhibit I to the Purchase Agreement is
hereby amended by amending and restating in its entirety the definition of “Liquidity
Termination Date” in such exhibit to read as follows:

 

“Liquidity
Termination Date” means June 15, 2006.

 

Section 3.   Removal of Liquidity Facility.  Subject to the terms and conditions set forth
herein, the Purchase Agreement is hereby amended as follows:

 

(a)   The Preliminary Statements of the Purchase
Agreement are hereby amended by deleting the last sentence of the third
paragraph of such Preliminary Statements.

 

(b)   Section 2.2 of the Purchase Agreement is
hereby amended by amending and restating in its entirety the fifth sentence of
such section to read as follows:

 

Each Terminating Financial Institution shall be allocated a ratable
portion of Collections from the Liquidity Termination Date that such
Terminating Financial Institution did not consent to extend (as to such
Terminating Financial Institution, the “Termination Date”) until such
Terminating Financing Institution’s Capital shall be paid in full.

 

2

 

(c)   Section 4.1 of the Purchase Agreement is
hereby amended by amending and restating in its entirety the last sentence of
such section to read as follows:

 

If any Funding Source acquires by assignment from Company any Purchaser
Interest pursuant to any Funding Agreement, each Purchaser Interest so assigned
shall each be deemed to have a new Tranche Period commencing on the date of any
such assignment and shall accrue Yield for each day during its Tranche Period
at either the LIBO Rate or the Prime Rate in accordance with the terms and
conditions hereof as if each such Purchaser Interest was held by a Financial
Institution, and with respect to each such Purchaser Interest, the assignee
thereof shall be deemed to be a Financial Institution solely for the purposes
of Sections 4.1, 4.2, 4.3, 4.4 and 4.5.

 

(d)   Section 4.4 of the Purchase Agreement is
hereby amended by amending and restating in its entirety the last sentence of
such section to read as follows:

 

Until Seller gives notice to the Agent of another Discount Rate, the
initial Discount Rate for any Purchaser Interest transferred to the Financial
Institutions pursuant to the terms and conditions hereof (or assigned or
transferred to any Funding Source or to any other Person) shall be the Prime
Rate.

 

(e)   Article IV of the Purchase Agreement is
hereby amended by adding the following new section to the end of such
article:

 

Section 4.6                                      Extension of
Liquidity Termination Date.

 

(a)  Seller may request one or more 364-day
extensions of the Liquidity Termination Date then in effect by giving written
notice of such request to the Agent (each such notice an “Extension Notice”)
at least 60 days prior to the Liquidity Termination Date then in effect.  After the Agent’s receipt of any Extension
Notice, the Agent shall promptly advise each Financial Institution of such
Extension Notice.  Each Financial
Institution may, in its sole discretion, by a revocable notice (a “Consent
Notice”) given to the Agent on or prior to the 30th day prior to the
Liquidity Termination Date then in effect (such period from the date of the
Extension Notice to such 30th day being referred to herein as the “Consent
Period”), consent to such extension of such Liquidity Termination Date; provided,
however, that, except as provided in Section 4.6(b), such
extension shall not be effective with respect to any of the Financial
Institutions if any one or more Financial Institutions:  (i) notifies the Agent during the
Consent Period that such

 

3

 

Financial Institution either does not wish to consent to such extension
or wishes to revoke its prior Consent Notice or (ii) fails to respond to
the Agent within the Consent Period (each Financial Institution that does not
wish to consent to such extension or wishes to revoke its prior Consent Notice
or fails to respond to the Agent within the Consent Period is herein referred
to as a “Non-Renewing Financial Institution”).  If none of the events described in the
foregoing clauses (i) or (ii) occurs during the Consent Period and
all Consent Notices have been received, then, the Liquidity Termination Date
shall be irrevocably extended until the date that is 364 days after the
Liquidity Termination Date then in effect. 
The Agent shall promptly notify Seller of any Consent Notice or other
notice received by the Agent pursuant to this Section 4.6(a).

 

(b)  Upon receipt of notice from the
Agent pursuant to Section 4.6(a) of any Non-Renewing Financial
Institution or that the Liquidity Termination Date has not been extended, one
or more of the Financial Institutions (including any Non-Renewing Financial
Institution) may proffer to the Agent and Company the names of one or more
institutions meeting the criteria set forth in Section 12.1(b)(i) that
are willing to accept assignments of and assume the rights and obligations
under this Agreement and the other applicable Transaction Documents of the
Non-Renewing Financial Institution. 
Provided the proffered name(s) are acceptable to the Agent and Company,
the Agent shall notify the remaining Financial Institutions of such fact, and
the then existing Liquidity Termination Date shall be extended for an
additional 364 days upon satisfaction of the conditions for an assignment in
accordance with Section 12.1 and the Commitment of each
Non-Renewing Financial Institution shall be reduced to zero.  If the rights and obligations under this
Agreement and the other applicable Transaction Documents of each Non-Renewing
Financial Institution are not assigned as contemplated by this Section 4.6(b) (each
such Non-Renewing Financial Institution whose rights and obligations under this
Agreement and the other applicable Transaction Documents are not so assigned is
herein referred to as a “Terminating Financial Institution”) and at
least one Financial Institution is not a Non-Renewing Financial Institution,
the then existing Liquidity Termination Date shall be extended for an
additional 364 days; provided, however, that (i) the
Purchase Limit shall be reduced on the Liquidity Termination Date that such
Terminating Financial Institution did not consent to extend by an aggregate
amount equal to the Terminating Commitment Availability as of such date of each
Terminating Financial Institution and shall thereafter continue to be reduced
by amounts equal to any reduction in the Capital of any Terminating Financial
Institution (after application of Collections pursuant to Sections 2.2
and 2.3) and (ii) the Commitment of each Terminating Financial
Institution shall be reduced to

 

4

 

zero on the Termination Date applicable to such Terminating Financial
Institution.  Upon reduction to zero of
the Capital of all of the Purchaser Interests of a Terminating Financial
Institution (after application of Collections thereto pursuant to Sections
2.2 and 2.3) all rights and obligations of such Terminating
Financial Institution hereunder shall be terminated and such Terminating
Financial Institution shall no longer be a “Financial Institution”; provided,
however, that the provisions of Article X shall continue in
effect for its benefit with respect to Purchaser Interests held by such
Terminating Financial Institution prior to its termination as a Financial
Institution.

 

(c)  Any requested extension of the
Liquidity Termination Date may be approved or disapproved by a Financial
Institution in its sole discretion.  In
the event that the Commitments are not extended in accordance with the
provisions of this Section 4.6, the Commitment of each Financial
Institution shall be reduced to zero on the Liquidity Termination Date.  Upon reduction to zero of the Commitment of a
Financial Institution and upon reduction to zero of the Capital of all of the
Purchaser Interests of such Financial Institution all rights and obligations of
such Financial Institution hereunder shall be terminated and such Financial
Institution shall no longer be a “Financial Institution”; provided, however,
that the provisions of Article X shall continue in effect for its
benefit with respect to Purchaser Interests held by such Financial Institution
prior to its termination as a Financial Institution.

 

(f)   Section 6.2 of the Purchase Agreement is
hereby amended by deleting the phrase “(other than pursuant to Section 13.1)”
from such section.

 

(g)   Section 10.1 of the Purchase Agreement
is hereby amended by (i) replacing the phrase “the Agent and each
Purchaser” in the lead-in to such section with the phrase “the Agent, each
Funding Source and each Purchaser” and (ii) replacing the phrase “(which
attorneys may be employees of the Agent or such Purchaser)” in the lead-in to
such section with the phrase “(which attorneys may be employees of the
Agent, such Funding Source or such Purchaser)”.

 

(h)   Section 12.1(a) of the Purchase
Agreement is hereby amended by amending and restating in their entirety the
first two sentences of such section to read as follows:

 

Seller, the Servicer, Agent and each Financial Institution hereby agree
and consent to the complete or partial assignment by Company of all or any
portion of its rights under, interest in, title to and obligations under this
Agreement to any Funding Source or to any other Person, and upon such

 

5

 

assignment, Company shall be released from its obligations so
assigned.  Further, Seller, the Servicer,
the Agent and each Financial Institution hereby agree that any assignee of
Company of this Agreement or all or any of the Purchaser Interests of Company
shall have all of the rights and benefits under this Agreement as if the term “Company”
explicitly referred to such party (provided that the Purchaser Interests
of any such assignee shall accrue Yield pursuant to Section 4.1),
and no such assignment shall in any way impair the rights and benefits of
Company hereunder.

 

(i)   Section 12.2 of the Purchase Agreement
is hereby amended by amending and restating in its entirety the first sentence
of such section to read as follows:

 

Any Financial Institution may, in the ordinary course of its business,
at any time sell to one or more Persons (each a “Participant”)
participating interests in its Pro Rata Share of the Purchaser Interests of the
Financial Institutions, its obligation hereunder or any other interest of such
Financial Institution hereunder.

 

(j)   Article XIII of the Purchase Agreement
is hereby deleted in its entirety and replaced with the following phrase “ARTICLE XIII
{RESERVED}”.

 

(k)   Section 14.1(b)(i) of the Purchase
Agreement is hereby amended by (i) replacing the phrase “(except pursuant
to Sections 13.1 or 13.5)” in such section with the following
phrase “(other than, to the extent applicable in each case, pursuant to Section 4.6
or the terms of the Liquidity Agreement or any other Funding Agreement)” and (ii) replacing
the phrase “Required Financial Institutions or this Section 14.1(b)”
in such section with the following phrase “Required Financial
Institutions, Section 4.6 or this Section 14.1(b)”.

 

(l)   Section 14.5(b) of the Purchase
Agreement is hereby amended by replacing the phrase “by the Agent to any rating
agency, Commercial Paper dealer or provider of a surety, guaranty or credit or
liquidity enhancement to Company” in such section with the following
phrase “by the Agent or Company to any rating agency, Commercial Paper dealer,
any Funding Source or other provider of a surety, guaranty or credit or
liquidity enhancement to Company”.

 

(m)   Section 14.13 of the Purchase Agreement
is hereby amended by (i) replacing the phrase “(i) as administrative
agent for Company or any Financial Institution,” in such section with the
following phrase “(i) as administrative agent for Company or any Financial
Institution, or as a Funding Source or agent for any Funding Source,” and (ii) deleting
the phrase “, and the giving of notice to the

 

6

 

Agent of a mandatory
purchase pursuant to Section 13.1” from the last sentence of such
section.

 

(n)   Exhibit I to the Purchase Agreement is
hereby amended by (i) replacing the phrase “or (iii) is assigned
under Article XIII” in the definition of “Broken Funding Costs” in
such exhibit with the phrase “or (iii) is assigned pursuant to any Funding
Agreement or otherwise transferred” and (ii) replacing the phrase “assignment
or termination” both times it appears in the definition of “Broken Funding
Costs” in such exhibit with the phrase “assignment, transfer or termination”.

 

(o)   Exhibit I to the Purchase Agreement is
hereby amended by amending and restating in its entirety the definition of “Commitment”
in such exhibit to read as follows:

 

“Commitment” means, for each Financial
Institution, the commitment of such Financial Institution to purchase Purchaser
Interests from Seller, in an amount not to exceed (i) in the aggregate,
the amount set forth opposite such Financial Institution’s name on Schedule A
to this Agreement, as such amount may be modified in accordance with the terms
hereof (including, without limitation, any termination of Commitments pursuant
to Section 4.6) and (ii) with respect to any individual
purchase hereunder, its Pro Rata Share of the Purchase Price therefor.

 

(p)   Exhibit I to the Purchase Agreement is
hereby amended by amending and restating in its entirety the definition of “Funding
Agreement” in such exhibit to read as follows:

 

“Funding Agreement” means this
Agreement and any agreement or instrument executed by any Funding Source with
or for the benefit of Company, including, without limitation, the Liquidity
Agreement.

 

(q)   Exhibit I to the Purchase Agreement is
hereby amended by amending and restating in its entirety the definition of “Funding
Source” in such exhibit to read as follows:

 

“Funding Source” means (i) any
Financial Institution or (ii) any insurance company, bank or other funding
entity (including, without limitation, any “APA Bank” (as defined in the
Liquidity Agreement)) providing liquidity, credit enhancement or back-up
purchase support or facilities to Company.

 

7

 

(r)   Exhibit I to the Purchase Agreement is
hereby amended by amending and restating in its entirety the definition of “Non-Renewing
Financial Institution” into such exhibit:

 

“Non-Renewing Financial Institution”
has the meaning set forth in Section 4.6.

 

(s)   Exhibit I to the Purchase Agreement is
hereby amended by amending and restating in its entirety the definition of “Pro
Rata Share” in such exhibit to read as follows:

 

“Pro Rata Share” means, for each
Financial Institution, a percentage equal to (i) the Commitment of such
Financial Institution, divided  by (ii) the aggregate amount
of all Commitments of all Financial Institutions hereunder, adjusted as
necessary to give effect to the application of the terms of Section 4.6.

 

(t)   Exhibit I to the Purchase Agreement is
hereby amended by amending and restating in its entirety the definition of “Terminating
Financial Institution” in such exhibit to read as follows:

 

“Terminating Financial Institution”
has the meaning set forth in Section 4.6.

 

(u)   Exhibit I to the Purchase Agreement is
hereby amended by deleting in their entirety the following definitions from
such exhibit: (i) Acquisition Amount, (ii) Adjusted Funded Amount, (iii) Adjusted
Liquidity Price, (iv) Commitment Availability, (v) Company Residual, (vi) Company
Transfer Price, (vii) Company Transfer Price Deficit, (viii) Company
Transfer Price Reduction, (ix) Defaulting Financial Institution, (x)
Federal Funds Effective Rate, (xi) Non-Defaulting Financial Institution and
(xii) Reduction Percentage.

 

(v)   Exhibit I to the Purchase Agreement is
hereby amended by adding, in appropriate alphabetical order, the following new
definitions to such exhibit:

 

“Consent Notice” has the meaning set
forth in Section 4.6.

 

“Consent Period” has the meaning set forth in Section 4.6.

 

“Extension Notice” has the meaning set forth in Section 4.6.

 

“Liquidity Agreement” means the Asset Purchase Agreement, dated

 

8

 

as of June 16, 2005, by and among Company, the several APA Banks
party thereto from time to time, and JPMorgan Chase Bank, N.A., individually
and as funding agent, as it may be amended, restated or otherwise modified from
time to time.

 

“Terminating Commitment Availability”
means, with respect to any Terminating Financial Institution, the positive
difference (if any) between (a) an amount equal to the Commitment (without
giving effect to clause (ii) of the proviso to the penultimate sentence of
Section 4.6(b)) of such Terminating Financial Institution, minus,
an amount equal to 2% of such Commitment, minus, (b) the Capital of
the Purchaser Interests funded by such Terminating Financial Institution.

 

(w)   Exhibit VII to the Purchase Agreement
is hereby amended by deleting the phrase “, 13.1” from paragraph 7 of such
exhibit.

 

Section 4.   Conditions to Effectiveness of Amendment.  This Amendment shall become effective as of
the date hereof, upon the satisfaction of the conditions precedent that:

 

(a)   Amendment.  The Agent shall have received, on or before
the date hereof, executed counterparts of this Amendment, duly executed by each
of the parties hereto.

 

(b)   Liquidity Agreement.  The Agent and Company shall have received, on
or before the date hereof, executed counterparts of the Liquidity Agreement (as
defined in the Purchase Agreement, as amended hereby), duly executed by each of
the parties thereto.

 

(c)   Reaffirmation.  The Agent shall have received, on or before
the date hereof, a reaffirmation of the Performance Undertaking, duly executed
by Performance Guarantor and in form and substance reasonably acceptable to the
Agent.

 

(d)   Representations and Warranties.  As of the date hereof, both before and after
giving effect to this Amendment, all of the representations and warranties
contained in the Purchase Agreement and in each other Transaction Document
shall be true and correct as though made on and as of the date hereof (and by
its execution hereof, each of Seller and the Servicer shall be deemed to have
represented and warranted such).

 

(e)   No Amortization Event or Potential
Amortization Event.  As of the date
hereof, both before and after giving effect to this Amendment, no Amortization
Event or Potential Amortization Event shall have occurred and be

 

9

 

continuing (and by
its execution hereof, each of Seller and the Servicer shall be deemed to have
represented and warranted such).

 

(f)   Amendment Fee.  The Agent shall have received from Seller, on
or before the date hereof, a fully earned, non-refundable renewal fee equal
to $20,000.

 

Section 5.   Miscellaneous.

 

(a)   Effect; Ratification.  The amendments set forth herein are effective
solely for the purposes set forth herein and shall be limited precisely as
written, and shall not be deemed to (i) be a consent to any amendment,
waiver or modification of any other term or condition of the Purchase Agreement
or any other Transaction Document, or of any other instrument or agreement
referred to therein or (ii) prejudice any right or remedy that the Agent
or any of the Purchasers may now have or may have in the future under or in
connection with the Purchase Agreement, as amended hereby, or any other
instrument or agreement referred to therein. 
Each reference in the Purchase Agreement to “this Agreement,” “herein,” “hereof”
and words of like import and each reference in the other Transaction Documents
to the Purchase Agreement or the “Receivable Purchase Agreement” or the “Purchase
Agreement” shall mean the Purchase Agreement as amended hereby.  This Amendment shall be construed in
connection with and as part of the Purchase Agreement and all terms,
conditions, representations, warranties, covenants and agreements set forth in
the Purchase Agreement and each other instrument or agreement referred to
therein, except as herein amended, are hereby ratified and confirmed and shall
remain in full force and effect.

 

(b)   Transaction Documents.  This Amendment is a Transaction Document
executed pursuant to the Purchase Agreement and shall be construed,
administered and applied in accordance with the terms and provisions thereof.

 

(c)   Costs, Fees and Expenses.  In addition to the fee referenced in Section 4(f),
Seller agrees to reimburse the Agent and each Purchaser on demand for all
costs, fees and expenses incurred in connection with the preparation, execution
and delivery of this Amendment (including the reasonable fees and expenses of
counsels to the Agent and/or the Purchasers).

 

(d)   Counterparts.  This Amendment may be executed in any number
of counterparts, each such counterpart constituting an original and all of
which when taken together shall constitute one and the same instrument.

 

(e)   Severability.  Any provision contained in this Amendment
which is held to be inoperative, unenforceable or invalid in any

 

10

 

jurisdiction shall,
as to that jurisdiction, be inoperative, unenforceable or invalid without
affecting the operation, enforceability or validity of the remaining provisions
of this Amendment in that jurisdiction or the operation, enforceability or
validity of such provision in any other jurisdiction.

 

(f)   GOVERNING LAW.  THIS AMENDMENT SHALL BE GOVERNED AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF ILLINOIS.

 

(g)   WAIVER OF JURY TRIAL.  EACH PARTY HERETO HEREBY WAIVES TRIAL BY JURY
IN ANY JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER
(WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF,
RELATED TO, OR CONNECTED WITH THIS AMENDMENT, ANY DOCUMENT EXECUTED BY ANY
SELLER PARTY PURSUANT TO THIS AMENDMENT OR THE RELATIONSHIP ESTABLISHED
HEREUNDER OR THEREUNDER.

 

(Signature Page Follows)

 

11

 

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

 

	
   

  	
  COMDATA FUNDING CORPORATION, as Seller

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/

  	
  David B. Kuhnau

  	
   

  
	
   

  	
  Name:

  	
  David B. Kuhnau

  
	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  COMDATA NETWORK, INC., as Servicer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/

  	
  Lisa E. Peerman

  	
   

  
	
   

  	
  Name:

  	
  Lisa E. Peerman

  
	
   

  	
  Title: 

  	
  Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  JUPITER SECURITIZATION CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/

  	
  Maureen Marcon

  	
   

  
	
   

  	
  Name:

  	
  Maureen Marcon

  
	
   

  	
  Title:

  	
  Authorized Signer

  
	
   

  	
   

  
	
   

  	
  JPMORGAN CHASE BANK, N.A. (successor by merger to

  Bank One, NA (Main Office Chicago)), as Agent and as sole

  Financial Institution

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/

  	
  Maureen Marcon

  	
   

  
	
   

  	
  Name:

  	
  Maureen Marcon

  
	
   

  	
  Title:

  	
  Vice President

  

 

12

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