Document:

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                                                                   Exhibit 10.20

                                                                  Execution Copy

                           SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT

                          DATED AS OF DECEMBER 16, 2005

                                      AMONG

                         SWIFT TRANSPORTATION CO., INC.,
                       an Arizona corporation, as Borrower

                         SWIFT TRANSPORTATION CO., INC.,
                        a Nevada corporation, as Holdings

                   THE LENDERS FROM TIME TO TIME PARTY HERETO

                                       and

                                  SUNTRUST BANK
                            as Administrative Agent,

                                       and

                     WELLS FARGO BANK, NATIONAL ASSOCIATION
                                       and
                          KEYBANK NATIONAL ASSOCIATION,
                            as Co-Syndication Agents,

                                       and

                         U.S. BANK NATIONAL ASSOCIATION
                                       and
                       LASALLE BANK NATIONAL ASSOCIATION,
                           as Co-Documentation Agents.

                         SUNTRUST CAPITAL MARKETS, INC.,
                        as Lead Arranger and Book Manager

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                                TABLE OF CONTENTS

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<S>                                                                                 <C>
ARTICLE I DEFINITIONS; CONSTRUCTION..............................................     1

ARTICLE I DEFINITIONS; CONSTRUCTION..............................................     1
   SECTION 1.1.     DEFINITIONS..................................................     1
   SECTION 1.2.     CLASSIFICATIONS OF LOANS AND BORROWINGS......................    21
   SECTION 1.3.     ACCOUNTING TERMS AND DETERMINATION...........................    21
   SECTION 1.4.     TERMS GENERALLY..............................................    21

ARTICLE II AMOUNT AND TERMS OF THE COMMITMENTS...................................    22

ARTICLE II AMOUNT AND TERMS OF THE COMMITMENTS...................................    22
   SECTION 2.1.     GENERAL DESCRIPTION OF FACILITIES............................    22
   SECTION 2.2.     REVOLVING LOANS..............................................    22
   SECTION 2.3.     PROCEDURE FOR REVOLVING BORROWINGS...........................    22
   SECTION 2.4.     RESERVED.....................................................    23
   SECTION 2.5.     SWINGLINE COMMITMENT.........................................    23
   SECTION 2.6.     PROCEDURE FOR SWINGLINE BORROWING; ETC.......................    23
   SECTION 2.7.     FUNDING OF BORROWINGS........................................    24
   SECTION 2.8.     INTEREST ELECTIONS...........................................    25
   SECTION 2.9.     OPTIONAL REDUCTION AND TERMINATION OF COMMITMENTS............    26
   SECTION 2.10.    REPAYMENT OF LOANS...........................................    27
   SECTION 2.11.    EVIDENCE OF INDEBTEDNESS.....................................    27
   SECTION 2.12.    OPTIONAL PREPAYMENTS.........................................    27
   SECTION 2.13.    INTEREST ON LOANS............................................    28
   SECTION 2.14.    FEES.........................................................    29
   SECTION 2.15.    COMPUTATION OF INTEREST AND FEES.............................    30
   SECTION 2.16.    INABILITY TO DETERMINE INTEREST RATES........................    30
   SECTION 2.17.    ILLEGALITY...................................................    30
   SECTION 2.18.    INCREASED COSTS..............................................    31
   SECTION 2.19.    FUNDING INDEMNITY............................................    32
   SECTION 2.20.    TAXES........................................................    32
   SECTION 2.21.    PAYMENTS GENERALLY; PRO RATA TREATMENT; SHARING OF SET-OFFS..    34
   SECTION 2.22.    MITIGATION OF OBLIGATIONS....................................    35
   SECTION 2.23.    LETTERS OF CREDIT............................................    36
   SECTION 2.24.    INCREASE OF COMMITMENTS; ADDITIONAL LENDERS..................    40
   SECTION 2.25.    REPLACEMENT OF LENDERS.......................................    41

ARTICLE III CONDITIONS PRECEDENT TO LOANS AND LETTERS OF CREDIT..................    42

ARTICLE III CONDITIONS PRECEDENT TO LOANS AND LETTERS OF CREDIT..................    42
   SECTION 3.1.     CONDITIONS TO EFFECTIVENESS..................................    42
   SECTION 3.2.     EACH CREDIT EVENT............................................    43
   SECTION 3.3.     DELIVERY OF DOCUMENTS........................................    44
   SECTION 3.4.     EFFECTIVENESS OF THIS AGREEMENT..............................    44

ARTICLE IV REPRESENTATIONS AND WARRANTIES........................................    45

ARTICLE IV REPRESENTATIONS AND WARRANTIES........................................    45
   SECTION 4.1.     EXISTENCE; POWER.............................................    45
   SECTION 4.2.     ORGANIZATIONAL POWER; AUTHORIZATION..........................    45
   SECTION 4.3.     GOVERNMENTAL APPROVALS; NO CONFLICTS.........................    46
   SECTION 4.4.     FINANCIAL STATEMENTS.........................................    46
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   SECTION 4.5.     LITIGATION AND ENVIRONMENTAL MATTERS.........................    46
   SECTION 4.6.     COMPLIANCE WITH LAWS AND AGREEMENTS..........................    46
   SECTION 4.7.     INVESTMENT COMPANY ACT, ETC..................................    47
   SECTION 4.8.     TAXES........................................................    47
   SECTION 4.9.     MARGIN REGULATIONS...........................................    47
   SECTION 4.10.    ERISA........................................................    47
   SECTION 4.11.    OWNERSHIP OF PROPERTY........................................    47
   SECTION 4.12.    DISCLOSURE...................................................    48
   SECTION 4.13.    LABOR RELATIONS..............................................    48
   SECTION 4.14.    SUBSIDIARIES.................................................    49
   SECTION 4.15.    INSOLVENCY...................................................    49
   SECTION 4.16.    OFAC.........................................................    49
   SECTION 4.17.    PATRIOT ACT..................................................    49

ARTICLE V AFFIRMATIVE COVENANTS..................................................    49

ARTICLE V AFFIRMATIVE COVENANTS..................................................    49
   SECTION 5.1.     FINANCIAL STATEMENTS AND OTHER INFORMATION...................    49
   SECTION 5.2.     NOTICES OF MATERIAL EVENTS...................................    50
   SECTION 5.3.     EXISTENCE; CONDUCT OF BUSINESS...............................    51
   SECTION 5.4.     COMPLIANCE WITH LAWS, ETC....................................    51
   SECTION 5.5.     PAYMENT OF OBLIGATIONS.......................................    51
   SECTION 5.6.     BOOKS AND RECORDS............................................    52
   SECTION 5.7.     VISITATION, INSPECTION, ETC..................................    52
   SECTION 5.8.     MAINTENANCE OF PROPERTIES; INSURANCE.........................    52
   SECTION 5.9.     USE OF PROCEEDS AND LETTERS OF CREDIT........................    52
   SECTION 5.10.    ADDITIONAL SUBSIDIARIES......................................    53
   SECTION 5.11.    POST-CLOSING COVENANT........................................

ARTICLE VI FINANCIAL COVENANTS...................................................    54

ARTICLE VI FINANCIAL COVENANTS...................................................    54
   SECTION 6.1.     LEVERAGE RATIO...............................................    54
   SECTION 6.2.     FIXED CHARGE COVERAGE RATIO..................................    54
   SECTION 6.3.     CONSOLIDATED TANGIBLE NET WORTH..............................    54

ARTICLE VII NEGATIVE COVENANTS...................................................    54

ARTICLE VII NEGATIVE COVENANTS...................................................    54
   SECTION 7.1.     INDEBTEDNESS AND PREFERRED EQUITY............................    54
   SECTION 7.2.     NEGATIVE PLEDGE..............................................    56
   SECTION 7.3.     FUNDAMENTAL CHANGES..........................................    56
   SECTION 7.4.     INVESTMENTS, LOANS, ETC......................................    57
   SECTION 7.5.     RESTRICTED PAYMENTS..........................................    58
   SECTION 7.6.     SALE OF ASSETS...............................................    59
   SECTION 7.7.     TRANSACTIONS WITH AFFILIATES.................................    60
   SECTION 7.8.     RESTRICTIVE AGREEMENTS.......................................    60
   SECTION 7.9.     HEDGING TRANSACTIONS.........................................    60
   SECTION 7.9.     HEDGING TRANSACTIONS TC......................................    61
   SECTION 7.10.    ACCOUNTING CHANGES...........................................    61

ARTICLE VIII EVENTS OF DEFAULT...................................................    61

ARTICLE VIII EVENTS OF DEFAULT...................................................    61
   SECTION 8.1.     EVENTS OF DEFAULT............................................    61
</TABLE>

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<S>                                                                                  <C>
ARTICLE IX THE ADMINISTRATIVE AGENT..............................................    63

ARTICLE IX THE ADMINISTRATIVE AGENT..............................................    63
   SECTION 9.1.     APPOINTMENT OF ADMINISTRATIVE AGENT..........................    63
   SECTION 9.2.     NATURE OF DUTIES OF ADMINISTRATIVE AGENT.....................    64
   SECTION 9.3.     LACK OF RELIANCE ON THE ADMINISTRATIVE AGENT.................    64
   SECTION 9.4.     CERTAIN RIGHTS OF THE ADMINISTRATIVE AGENT...................    65
   SECTION 9.5.     RELIANCE BY ADMINISTRATIVE AGENT.............................    65
   SECTION 9.6.     THE ADMINISTRATIVE AGENT IN ITS INDIVIDUAL CAPACITY..........    65
   SECTION 9.7.     SUCCESSOR ADMINISTRATIVE AGENT...............................    65
   SECTION 9.8.     AUTHORIZATION TO EXECUTE OTHER LOAN DOCUMENTS................    66
   SECTION 9.9.     DOCUMENTATION AGENT; SYNDICATION AGENT.......................    66

ARTICLE X MISCELLANEOUS..........................................................    66

ARTICLE X MISCELLANEOUS..........................................................    66
   SECTION 10.1.    NOTICES......................................................    66
   SECTION 10.2.    WAIVER; AMENDMENTS...........................................    69
   SECTION 10.3.    EXPENSES; INDEMNIFICATION....................................    70
   SECTION 10.4.    SUCCESSORS AND ASSIGNS.......................................    71
   SECTION 10.5.    GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS...    74
   SECTION 10.6.    WAIVER OF JURY TRIAL.........................................    75
   SECTION 10.7.    RIGHT OF SETOFF..............................................    75
   SECTION 10.8.    COUNTERPARTS; INTEGRATION....................................    75
   SECTION 10.9.    SURVIVAL.....................................................    75
   SECTION 10.10.   SEVERABILITY.................................................    76
   SECTION 10.11.   CONFIDENTIALITY..............................................    76
   SECTION 10.12.   INTEREST RATE LIMITATION.....................................    76
   SECTION 10.13.   WAIVER OF EFFECT OF CORPORATE SEAL...........................    77
   SECTION 10.14.   PATRIOT ACT..................................................    77
</TABLE>

                                      -iii-

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Annex I          - Revolving Commitments

Schedules
   Schedule I    - Applicable Margin and Applicable Percentage
   Schedule 1.1  - Existing Letters of Credit
   Schedule 4.5  - Environmental Matters
   Schedule 4.14 - Subsidiaries
   Schedule 7.1  - Outstanding Indebtedness
   Schedule 7.2  - Existing Liens
   Schedule 7.4  - Existing Investments

Exhibits
   Exhibit A     - Form of Second Amended and Restated Revolving Credit Note
   Exhibit B       Form of Second Amended and Restated Swingline Note
   Exhibit C     - Form of Assignment and Acceptance

   Exhibit 2.3   - Form of Notice of Revolving Borrowing
   Exhibit 2.6   - Form of Notice of Swingline Borrowing
   Exhibit 2.8   - Form of Notice of Conversion/Continuation
   Exhibit 5.1   - Form of Compliance Certificate

                                      -iv-

<PAGE>

                              AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT

          THIS SECOND AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT (this
"Agreement") is made and entered into as of December 16, 2005, by and among
SWIFT TRANSPORTATION CO., INC., an Arizona corporation (the "Borrower"), SWIFT
TRANSPORTATION CO., INC., a Nevada corporation ("Holdings"), the several banks
and other financial institutions and lenders from time to time party hereto (the
"Lenders"), SUNTRUST BANK, in its capacity as Administrative Agent for the
Lenders (the "Administrative Agent"), as issuing bank (the "Issuing Bank") and
as swingline lender (the "Swingline Lender"), Wells Fargo Bank, National
Association and KeyBank National Association, as Co-Syndication Agents, and U.S.
Bank National Association and LaSalle Bank National Association, as
Co-Documentation Agents.

                                   WITNESSETH:

          WHEREAS, the Borrower, Holdings, the Lenders, Issuing Bank, Swingline
Lender and Administrative Agent entered into that certain Revolving Credit
Agreement dated as of November 21, 2002, as amended and restated by that certain
Amended and Restated Credit Agreement dated as of June 24, 2004, and as amended
by that certain First Amendment to Amended and Restated Credit Agreement, dated
as of March 4, 2005 (as so amended, the "Existing Credit Agreement");

          WHEREAS, Borrower has requested that the Lenders make certain changes
as more fully set forth herein;

          WHEREAS, subject to the terms and conditions of this Agreement, the
Lenders, the Issuing Bank and the Swingline Lender to the extent of their
respective Commitments as defined herein, are willing severally to establish the
requested revolving credit facility, letter of credit subfacility and the
swingline subfacility in favor of the Borrower;

          NOW, THEREFORE, in consideration of the premises and the mutual
covenants herein contained, the Borrower, Holdings, the Lenders, the
Administrative Agent, the Issuing Bank and the Swingline Lender agree that the
Existing Credit Agreement is amended and restated in its entirety as follows:

                                   ARTICLE I
                            DEFINITIONS; CONSTRUCTION

          SECTION 1.1. DEFINITIONS. In addition to the other terms defined
herein, the following terms used herein shall have the meanings herein specified
(to be equally applicable to both the singular and plural forms of the terms
defined):

          "Additional Commitment Amount" shall have the meaning given to such
term in Section 2.24.

<PAGE>

          "Additional Lender" shall have the meaning given to such term in
Section 2.24.

          "Adjusted LIBO Rate" shall mean, with respect to each Interest Period
for a Eurodollar Borrowing, the rate per annum obtained by dividing (i) LIBOR
for such Interest Period by (ii) a percentage equal to 1.00 minus the Eurodollar
Reserve Percentage.

          "Administrative Agent" shall have the meaning assigned to such term in
the opening paragraph hereof.

          "Administrative Questionnaire" shall mean, with respect to each
Lender, an administrative questionnaire in the form prepared by the
Administrative Agent and submitted to the Administrative Agent duly completed by
such Lender.

          "Affiliate" shall mean, as to any Person, any other Person that
directly, or indirectly through one or more intermediaries, Controls, is
Controlled by, or is under common Control with, such Person. For the purposes of
this definition, "Control" shall mean the power, directly or indirectly, either
to (i) vote 5% or more of the securities having ordinary voting power for the
election of directors (or persons performing similar functions) of a Person or
(ii) direct or cause the direction of the management and policies of a Person,
whether through the ability to exercise voting power, by control or otherwise.
The terms "Controlling", "Controlled by", and "under common Control with" have
the meanings correlative thereto.

          "Aggregate Revolving Commitment Amount" shall mean the aggregate
principal amount of the Aggregate Revolving Commitments from time to time. On
the Closing Date, the Aggregate Revolving Commitment Amount equals $550,000,000.

          "Aggregate Revolving Commitments" shall mean, collectively, all
Revolving Commitments of all Lenders at any time outstanding.

          "Aggregate Subsidiary Threshold" shall mean an amount equal to ninety
percent (90%) of the total consolidated revenue or assets of Holdings and its
Subsidiaries (excluding all SPE Subsidiaries that are prohibited from
guaranteeing the Obligations under their organizational documents) for the most
recent Fiscal Quarter as shown on the financial statements most recently
delivered or required to be delivered pursuant to Section 5.1(a) or (b), as the
case may be.

          "Applicable Lending Office" shall mean, for each Lender and for each
Type of Loan, the "Lending Office" of such Lender (or an Affiliate of such
Lender) designated for such Type of Loan in the Administrative Questionnaire
submitted by such Lender or such other office of such Lender (or an Affiliate of
such Lender) as such Lender may from time to time specify to the Administrative
Agent and the Borrower as the office by which its Loans of such Type are to be
made and maintained.

          "Applicable Margin" shall mean, with respect to interest on all
Revolving Loans outstanding on any date or the letter of credit fee, as the case
may be, a percentage per annum designated for Eurodollar Loans determined by
reference to the applicable Leverage Ratio from time to time in effect as set
forth on Schedule I; provided, that a change in the Applicable Margin resulting
from a change in the Leverage Ratio shall be effective on the second Business
Day after

                                      -2-

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which the Borrower delivers the financial statements required by Section 5.1(a)
or (b) and the Compliance Certificate required by Section 5.1(c); provided
further, that if at any time the Borrower shall have failed to deliver such
financial statements and such Compliance Certificate when so required, the
Applicable Margin shall be at Level V as set forth on Schedule I until such time
as such financial statements and Compliance Certificate are delivered, at which
time the Applicable Margin shall be determined as provided above.
Notwithstanding the foregoing, the Applicable Margin from the Closing Date until
the financial statements and Compliance Certificate for the Fiscal Quarter
ending December 31, 2005 are required to be delivered shall be at Level IV as
set forth on Schedule I.

          "Applicable Percentage" shall mean, as of any date, with respect to
the commitment fee as of any date, the percentage per annum determined by
reference to the applicable Leverage Ratio in effect on such date as set forth
on Schedule I; provided, that a change in the Applicable Percentage resulting
from a change in the Leverage Ratio shall be effective on the second Business
Day after which the Borrower delivers the financial statements required by
Section 5.1(a) or (b) and the Compliance Certificate required by Section 5.1(c);
provided, further, that if at any time the Borrower shall have failed to deliver
such financial statements and such Compliance Certificate, the Applicable
Percentage shall be at Level V as set forth on Schedule I until such time as
such financial statements and Compliance Certificate are delivered, at which
time the Applicable Percentage shall be determined as provided above.
Notwithstanding the foregoing, the Applicable Percentage for both the commitment
fee from the Closing Date until the financial statements and Compliance
Certificate for the Fiscal Quarter ending December 31, 2005 are required to be
delivered shall be at Level IV as set forth on Schedule I.

          "Approved Fund" shall mean any Person (other than a natural Person)
that is (or will be) engaged in making, purchasing, holding or otherwise
investing in commercial loans and similar extensions of credit in the ordinary
course of its business and that is administered or managed by (i) a Lender, (ii)
an Affiliate of a Lender or (iii) an entity or an Affiliate of an entity that
administers or manages a Lender.

          "Assignment and Acceptance" shall mean an assignment and acceptance
entered into by a Lender and an assignee (with the consent of any party whose
consent is required by Section 10.4(b)) and accepted by the Administrative
Agent, in the form of Exhibit C attached hereto or any other form approved by
the Administrative Agent.

          "Availability Period" shall mean the period from the Closing Date to
the Revolving Commitment Termination Date.

          "Base Rate" shall mean the higher of (i) the per annum rate which the
Administrative Agent publicly announces from time to time to be its prime
lending rate, as in effect from time to time, and (ii) the Federal Funds Rate,
as in effect from time to time, plus one-half of one percent (0.50%). The
Administrative Agent's prime lending rate is a reference rate and does not
necessarily represent the lowest or best rate charged to customers. The
Administrative Agent may make commercial loans or other loans at rates of
interest at, above or below the Administrative Agent's prime lending rate. Each
change in the Administrative

                                      -3-

<PAGE>

Agent's prime lending rate shall be effective from and including the date such
change is publicly announced as being effective.

          "Borrower" shall have the meaning in the introductory paragraph
hereof.

          "Borrowing" shall mean a borrowing consisting of (i) Loans of the same
Class and Type, made, converted or continued on the same date and in case of
Eurodollar Loans, as to which a single Interest Period is in effect, or (ii) a
Swingline Loan.

          "Business Day" shall mean (i) any day other than a Saturday, Sunday or
other day on which commercial banks in Atlanta, Georgia and New York, New York
are authorized or required by law to close and (ii) if such day relates to a
Borrowing of, a payment or prepayment of principal or interest on, a conversion
of or into, or an Interest Period for, a Eurodollar Loan or a notice with
respect to any of the foregoing, any day on which dealings in Dollars are
carried on in the London interbank market.

          "Capital Expenditures" shall mean for any period, without duplication,
(i) the additions to property, plant and equipment and other capital
expenditures of the Holdings and its Subsidiaries that are (or would be) set
forth on a consolidated statement of cash flows of Holdings for such period
prepared in accordance with GAAP and (ii) Capital Lease Obligations incurred by
the Holdings and its Subsidiaries during such period.

          "Capital Lease Obligations" of any Person shall mean all obligations
of such Person to pay rent or other amounts under any lease (or other
arrangement conveying the right to use) of real or personal property, or a
combination thereof, which obligations are required to be classified and
accounted for as capital leases on a balance sheet of such Person under GAAP,
and the amount of such obligations shall be the capitalized amount thereof
determined in accordance with GAAP.

          "Capital Stock" shall mean any nonredeemable capital stock (or in the
case of a partnership or limited liability company, the partners' or members'
equivalent equity interest) of Holdings or any of its Subsidiaries (to the
extent issued to a Person other than Holdings or the Borrower), whether common
or preferred.

          "Captive Insurance Subsidiary" shall mean Mohave Transportation
Captive Insurance Company, an Arizona corporation.

          "Change in Control" shall mean the occurrence of one or more of the
following events: (i) any sale, lease, exchange or other transfer (in a single
transaction or a series of related transactions) of all or substantially all of
the assets of Holdings to any Person or "group" (within the meaning of the
Securities Exchange Act of 1934 and the rules of the Securities and Exchange
Commission thereunder in effect on the date hereof), (ii) (A) any Person
acquires ownership, directly or indirectly, beneficially or of record, of 30% or
more of the outstanding shares of the voting stock of Holdings or (B) any Person
owns, directly or indirectly, beneficially or of record, 50% or more of the
outstanding shares of the voting stock of Holdings; or (iii) occupation of a
majority of the seats (other than vacant seats) on the board of directors of
Holdings by Persons who were neither (x) nominated by the current board of
directors or (y) appointed by directors so nominated.

                                      -4-

<PAGE>

          "Change in Law" shall mean (i) the adoption of any applicable law,
rule or regulation after the date of this Agreement, (ii) any change in any
applicable law, rule or regulation, or any change in the interpretation or
application thereof, by any Governmental Authority after the date of this
Agreement, or (iii) compliance by any Lender (or its Applicable Lending Office)
or the Issuing Bank (or for purposes of Section 2.18(b), by such Lender's or the
Issuing Bank's parent corporation, if applicable) with any request, guideline or
directive (whether or not having the force of law) of any Governmental Authority
made or issued after the date of this Agreement.

          "Class", when used in reference to any Loan or Borrowing, refers to
whether such Loan, or the Loans comprising such Borrowing, are Revolving Loans
or Swingline Loans and when used in reference to any Commitment, refers to
whether such Commitment is a Revolving Commitment or a Swingline Commitment.

          "Closing Date" shall mean the date on which the conditions precedent
set forth in Section 3.1 and Section 3.2 have been satisfied or waived in
accordance with Section 10.2.

          "Code" shall mean the Internal Revenue Code of 1986, as amended and in
effect from time to time.

          "Commitment" shall mean a Revolving Commitment or a Swingline
Commitment or any combination thereof (as the context shall permit or require).

          "Compliance Certificate" shall mean a certificate from the principal
executive officer and the principal financial officer of Holdings in the form
of, and containing the certifications set forth in, the certificate attached
hereto as Exhibit 5.1.

          "Consolidated Adjusted Total Debt" shall mean, as of any date, (i)
Consolidated Total Debt on such date minus (ii) the amount by which cash on hand
of Holdings and its Subsidiaries (measured on a consolidated basis) on such date
exceeds $5,000,000; provided, that the amount of cash on hand subtracted from
Consolidated Total Debt shall not exceed the lesser of (x) the principal amount
of Swingline Loans outstanding on such date or (y) $20,000,000.

          "Consolidated EBITDA" shall mean, for Holdings and its Subsidiaries
for any period, an amount equal to the sum of (i) Consolidated Net Income for
such period plus (ii) to the extent deducted in determining Consolidated Net
Income for such period, (A) Consolidated Interest Expense, (B) income tax
expense determined on a consolidated basis in accordance with GAAP, (C)
depreciation and amortization determined on a consolidated basis in accordance
with GAAP, and (D) all other non-cash charges acceptable to the Administrative
Agent, determined on a consolidated basis in accordance with GAAP, in each case
for such period; provided, however, that the Consolidated Net Income,
Consolidated Interest Expense, income tax expense, depreciation, amortization
and other non-cash charges of any Person or assets acquired in any Material
Acquisition that accrue prior to the date such Person becomes a Subsidiary or is
merged into or consolidated with Holdings or any Subsidiary, or such assets are
acquired by Holdings or any Subsidiary, shall be included within Consolidated
EBITDA, as if the Material Acquisition has been consummated on the first day of
such period.

                                      -5-

<PAGE>

          "Consolidated EBITDAR" shall mean, for Holdings and its Subsidiaries
for any period, an amount equal to the sum of (i) Consolidated EBITDA for such
period and (ii) Consolidated Lease Expense for such period.

          "Consolidated Fixed Charges" shall mean, for Holdings and its
Subsidiaries for any period, the sum (without duplication) of (i) Consolidated
Interest Expense for such period, and (ii) Consolidated Lease Expense for such
period.

          "Consolidated Interest Expense" shall mean, for Holdings and its
Subsidiaries for any period determined on a consolidated basis in accordance
with GAAP, the sum of (i) total interest expense, including without limitation
the interest component of any payments in respect of Capital Lease Obligations
capitalized or expensed during such period (whether or not actually paid during
such period) plus (ii) the net amount payable (or minus the net amount
receivable) under Hedging Transactions during such period (whether or not
actually paid or received during such period).

          "Consolidated Lease Expense" shall mean, for Holdings and its
Subsidiaries for any period, the aggregate amount of fixed and contingent
rentals payable with respect to leases of real and personal property (excluding
Capital Lease Obligations) determined on a consolidated basis in accordance with
GAAP for such period.

          "Consolidated Net Income" shall mean, for Holdings and its
Subsidiaries for any period, the net income (or loss) of Holdings and its
Subsidiaries for such period determined on a consolidated basis in accordance
with GAAP, but excluding therefrom (to the extent otherwise included therein)
(i) any extraordinary gains or losses, (ii) any gains attributable to write-ups
of assets, (iii) any equity interest of Holdings or any Subsidiary of Holdings
in the unremitted earnings or losses of any Person that is not a Subsidiary,
other than any equity interest in the unremitted earnings or losses of
Transplace, and (iv) any income (or loss) of any Person accrued prior to the
date it becomes a Subsidiary or is merged into or consolidated with Holdings or
any Subsidiary on the date that such Person's assets are acquired by Holdings or
any Subsidiary.

          "Consolidated Tangible Net Worth" shall mean, as of any date, (i) the
total assets of Holdings and its Subsidiaries that would be reflected on the
Holdings' consolidated balance sheet as of such date prepared in accordance with
GAAP, after eliminating all amounts properly attributable to minority interests,
if any, in the stock and surplus of Subsidiaries, minus (ii) the sum of (x) the
total liabilities of Holdings and its Subsidiaries that would be reflected on
Holdings' consolidated balance sheet as of such date prepared in accordance with
GAAP, (y) the amount of any write-up in the book value of any assets resulting
from a revaluation thereof or any write-up in excess of the cost of such assets
acquired reflected on the consolidated balance sheet of Holdings as of such date
prepared in accordance with GAAP and (z) the net book amount of all assets of
Holdings and its Subsidiaries that would be classified as intangible assets on a
consolidated balance sheet of Holdings as of such date prepared in accordance
with GAAP.

          "Consolidated Total Debt" shall mean, as of any date, all Indebtedness
of Holdings and its Subsidiaries that would be reflected on a consolidated
balance sheet of Holdings prepared in accordance with GAAP as of such date, but
excluding Indebtedness of the type described in subsection (xi) of the
definition thereof.

                                      -6-

<PAGE>

          "Contractual Obligation" of any Person shall mean any provision of any
security issued by such Person or of any agreement, instrument or undertaking
under which such Person is obligated or by which it or any of the property in
which it has an interest is bound.

          "Default" shall mean any condition or event that, with the giving of
notice or the lapse of time or both, would constitute an Event of Default.

          "Default Interest" shall have the meaning set forth in Section
2.13(c).

          "Dollar(s)" and the sign "$" shall mean lawful money of the United
States of America.

          "Eligible Assignee" shall mean (i) a Lender; (ii) an Affiliate of a
Lender; (iii) an Approved Fund; and (iv) any other Person (other than a natural
Person) approved by the Administrative Agent, the Issuing Bank, and unless (x)
such Person is taking delivery of an assignment in connection with physical
settlement of a credit derivatives transaction or (y) an Event of Default has
occurred and is continuing, the Borrower (each such approval not to be
unreasonably withheld or delayed).

          "Environmental Laws" shall mean all laws, rules, regulations, codes,
ordinances, orders, decrees, judgments, injunctions, notices or binding
agreements issued, promulgated or entered into by or with any Governmental
Authority, relating in any way to the environment, preservation or reclamation
of natural resources, the management, Release or threatened Release of any
Hazardous Material or to health and safety matters.

          "Environmental Liability" shall mean any liability, contingent or
otherwise (including any liability for damages, costs of environmental
investigation and remediation, costs of administrative oversight, fines, natural
resource damages, penalties or indemnities), of Holdings, the Borrower or any
Subsidiary directly or indirectly resulting from or based upon (i) any actual or
alleged violation of any Environmental Law, (ii) the generation, use, handling,
transportation, storage, treatment or disposal of any Hazardous Materials, (iii)
any actual or alleged exposure to any Hazardous Materials, (iv) the Release or
threatened Release of any Hazardous Materials or (v) any contract, agreement or
other consensual arrangement pursuant to which liability is assumed or imposed
with respect to any of the foregoing.

          "ERISA" shall mean the Employee Retirement Income Security Act of
1974, as amended from time to time, and any successor statute.

          "ERISA Affiliate" shall mean any trade or business (whether or not
incorporated), which, together with the Borrower, is treated as a single
employer under Section 414(b) or (c) of the Code or, solely for the purposes of
Section 302 of ERISA and Section 412 of the Code, is treated as a single
employer under Section 414 of the Code.

          "ERISA Event" shall mean (i) any "reportable event", (as defined in
Section 4043 of ERISA or the regulations issued thereunder), with respect to a
Plan (other than an event for which the 30-day notice period is waived); (ii)
the existence with respect to any Plan of an "accumulated funding deficiency"
(as defined in Section 412 of the Code or Section 302 of ERISA), whether or not
waived; (iii) the filing pursuant to Section 412(d) of the Code or

                                      -7-

<PAGE>

Section 303(d) of ERISA of an application for a waiver of the minimum funding
standard with respect to any Plan; (iv) the incurrence by the Borrower or any of
its ERISA Affiliates of any liability under Title IV of ERISA with respect to
the termination of any Plan; (v) the receipt by the Borrower or any ERISA
Affiliate from the PBGC or a plan administrator appointed by the PBGC of any
notice relating to an intention to terminate any Plan or Plans or to appoint a
trustee to administer any Plan; (vi) the incurrence by the Borrower or any of
its ERISA Affiliates of any liability with respect to the withdrawal or partial
withdrawal from any Plan or Multiemployer Plan; or (vii) the receipt by the
Borrower or any ERISA Affiliate of any notice, or the receipt by any
Multiemployer Plan from the Borrower or any ERISA Affiliate of any notice,
concerning the imposition of Withdrawal Liability or a determination that a
Multiemployer Plan is, or is expected to be, insolvent or in reorganization,
within the meaning of Title IV of ERISA.

          "Eurodollar" when used in reference to any Loan or Borrowing refers to
whether such Loan, or the Loans comprising such Borrowing, bears interest at a
rate determined by reference to the Adjusted LIBO Rate.

          "Eurodollar Reserve Percentage" shall mean the aggregate of the
maximum reserve percentages (including, without limitation, any emergency,
supplemental, special or other marginal reserves) expressed as a decimal
(rounded upwards to the next 1/100th of 1%) in effect on any day to which the
Administrative Agent is subject with respect to the Adjusted LIBO Rate pursuant
to regulations issued by the Board of Governors of the Federal Reserve System
(or any Governmental Authority succeeding to any of its principal functions)
with respect to eurocurrency funding (currently referred to as "eurocurrency
liabilities" under Regulation D). Eurodollar Loans shall be deemed to constitute
eurocurrency funding and to be subject to such reserve requirements without
benefit of or credit for proration, exemptions or offsets that may be available
from time to time to any Lender under Regulation D. The Eurodollar Reserve
Percentage shall be adjusted automatically on and as of the effective date of
any change in any reserve percentage.

          "Event of Default" shall have the meaning provided in Article VIII.

          "Excluded Taxes" shall mean with respect to the Administrative Agent,
any Lender, the Issuing Bank or any other recipient of any payment to be made by
or on account of any obligation of the Borrower hereunder, (i) income or
franchise taxes imposed on (or measured by) its net income by the United States
of America, or by the jurisdiction under the laws of which such recipient is
organized or in which its principal office is located or, in the case of any
Lender, in which its applicable lending office is located, (ii) any branch
profits taxes imposed by the United States of America or any similar tax imposed
by any other jurisdiction in which any Lender is located and (iii) in the case
of a Foreign Lender, any withholding tax that (x) is imposed on amounts payable
to such Foreign Lender at the time such Foreign Lender becomes a party to this
Agreement, (y) is imposed on amounts payable to such Foreign Lender at any time
that such Foreign Lender designates a new lending office, other than taxes that
have accrued prior to the designation of such lending office that are otherwise
not Excluded Taxes and (z) is attributable to such Foreign Lender's failure to
comply with Section 2.20(e).

          "Existing Credit Agreement" shall have the meaning set forth in the
recitals hereto.

                                      -8-

<PAGE>

          "Existing Lenders" shall mean the lenders party to the Existing Credit
Agreement.

          "Existing Letters of Credit" shall mean, collectively, the letters of
credit issued by SunTrust Bank for the account of the Borrower or any of its
Subsidiaries prior to the Closing Date to the extent listed on Schedule 1.1.

          "Existing Loans" shall mean the loans made by Existing Lenders to the
Borrower pursuant to the Existing Credit Agreement outstanding on the date
hereof.

          "Existing Termination Date" shall have the meaning set forth in
Section 2.24(d).

          "Federal Funds Rate" shall mean, for any day, the rate per annum
(rounded upwards, if necessary, to the next 1/100th of 1%) equal to the weighted
average of the rates on overnight Federal funds transactions with member banks
of the Federal Reserve System arranged by Federal funds brokers, as published by
the Federal Reserve Bank of New York on the next succeeding Business Day or if
such rate is not so published for any Business Day, the Federal Funds Rate for
such day shall be the average rounded upwards, if necessary, to the next 1/100th
of 1% of the quotations for such day on such transactions received by the
Administrative Agent from three Federal funds brokers of recognized standing
selected by the Administrative Agent.

          "Fee Letter" shall mean that certain fee letter, dated as of October
31, 2005, executed by SunTrust Capital Markets, Inc. and SunTrust Bank and
accepted by Borrower.

          "Fiscal Quarter" shall mean any fiscal quarter of Holdings.

          "Fiscal Year" shall mean any fiscal year of Holdings.

          "Fixed Charge Coverage Ratio" shall mean, as of any date, the ratio of
(a) Consolidated EBITDAR to (b) Consolidated Fixed Charges, in each case
measured for the four consecutive Fiscal Quarters ending on or immediately prior
to such date.

          "Foreign Lender" shall mean any Lender that is not a United States
person under Section 7701(a)(3) of the Code.

          "Foreign Subsidiary" shall mean any Subsidiary that is organized under
the laws of a jurisdiction other than one of the fifty states of the United
States or the District of Columbia.

          "GAAP" shall mean generally accepted accounting principles in the
United States applied on a consistent basis and subject to the terms of Section
1.3.

          "Governmental Authority" shall mean the government of the United
States of America, any other nation or any political subdivision thereof,
whether state or local, and any agency, authority, instrumentality, regulatory
body, court, central bank or other entity exercising executive, legislative,
judicial, taxing, regulatory or administrative powers or functions of or
pertaining to government.

          "Guarantee" of or by any Person (the "guarantor") shall mean any
obligation, contingent or otherwise, of the guarantor guaranteeing or having the
economic effect of

                                      -9-

<PAGE>

guaranteeing any Indebtedness or other obligation of any other Person (the
"primary obligor") in any manner, whether directly or indirectly and including
any obligation, direct or indirect, of the guarantor (i) to purchase or pay (or
advance or supply funds for the purchase or payment of) such Indebtedness or
other obligation or to purchase (or to advance or supply funds for the purchase
of) any security for the payment thereof, (ii) to purchase or lease property,
securities or services for the purpose of assuring the owner of such
Indebtedness or other obligation of the payment thereof, (iii) to maintain
working capital, equity capital or any other financial statement condition or
liquidity of the primary obligor so as to enable the primary obligor to pay such
Indebtedness or other obligation or (iv) as an account party in respect of any
letter of credit or letter of guaranty issued in support of such Indebtedness or
obligation; provided, that the term "Guarantee" shall not include endorsements
for collection or deposits in the ordinary course of business. The amount of any
Guarantee shall be deemed to be an amount equal to the stated or determinable
amount of the primary obligation in respect of which Guarantee is made or, if
not so stated or determinable, the maximum reasonably anticipated liability in
respect thereof (assuming such Person is required to perform thereunder) as
determined by such Person in good faith. The term "Guarantee" used as a verb has
a corresponding meaning.

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

          "Hedging Obligations" of any Person shall mean any and all obligations
of such Person, whether absolute or contingent and howsoever and whensoever
created, arising, evidenced or acquired under (i) any and all Hedging
Transactions, (ii) any and all cancellations, buy backs, reversals, terminations
or assignments of any Hedging Transactions and (iii) any and all renewals,
extensions and modifications of any Hedging Transactions and any and all
substitutions for any Hedging Transactions.

          "Hedging Transaction" of any Person shall mean any transaction
(including an agreement with respect thereto) now existing or hereafter entered
into by such Person that is a rate swap, basis swap, forward rate transaction,
commodity swap, interest rate option, foreign exchange transaction, cap
transaction, floor transaction, collateral transaction, forward transaction,
currency swap transaction, cross-currency rate swap transaction, currency option
or any other similar transaction (including any option with respect to any of
these transactions) or any combination thereof, whether linked to one or more
interest rates, foreign currencies, commodity prices, equity prices or other
financial measures.

          "Holdings" shall mean Swift Transportation Co, Inc., a Nevada
corporation.

          "Holdings Guaranty Agreement" shall mean the Second Amended and
Restated Holdings Guaranty Agreement, dated as of the date hereof, made by the
Holdings in favor of the Administrative Agent for the benefit of the Lenders.

          "Indebtedness" of any Person shall mean, without duplication (i) all
obligations of such Person for borrowed money, (ii) all obligations of such
Person evidenced by bonds,

                                      -10-

<PAGE>

debentures, notes or other similar instruments, (iii) all obligations of such
Person in respect of the deferred purchase price of property or services (other
than trade payables incurred in the ordinary course of business; provided, that
for purposes of Section 8.1(f), trade payables overdue by more than 120 days
shall be included in this definition except to the extent that any of such trade
payables are being disputed in good faith and by appropriate measures), (iv) all
obligations of such Person under any conditional sale or other title retention
agreement(s) relating to property acquired by such Person, (v) all Capital Lease
Obligations of such Person, (vi) all obligations, contingent or otherwise, of
such Person in respect of letters of credit, acceptances or similar extensions
of credit, (vii) all Guarantees of such Person of the type of Indebtedness
described in clauses (i) through (vi) above, (viii) all Indebtedness of a third
party secured by any Lien on property owned by such Person, whether or not such
Indebtedness has been assumed by such Person, (ix) all obligations of such
Person, contingent or otherwise, to purchase, redeem, retire or otherwise
acquire for value any common stock of such Person, (x) Off-Balance Sheet
Liabilities and (xi) all Hedging Obligations. The Indebtedness of any Person
shall include the Indebtedness of any partnership or joint venture in which such
Person is a general partner or a joint venturer to the extent such Person is
liable therefor as a result of such Person's ownership interest in or other
relationship with such entity, except to the extent that the terms of such
Indebtedness provide that such Person is not liable therefor.

          "Indemnified Taxes" shall mean Taxes other than Excluded Taxes.

          "Indemnity and Contribution Agreement" shall mean the Second Amended
and Restated Indemnity, Subrogation and Contribution Agreement among the
Borrower, Holdings, the Subsidiary Loan Parties and the Administrative Agent.

          "Indemnity and Contribution Agreement Supplement" shall mean each
supplement substantially in the form of Annex I to the Indemnity and
Contribution Agreement executed and delivered by a Subsidiary of the Borrower
pursuant to Section 5.10.

          "Information Memorandum" shall mean the Lender's Presentation
Memorandum dated November 10, 2005 relating to Holdings, the Borrower and the
transactions contemplated by this Agreement and the other Loan Documents.

          "Interest Period" shall mean with respect to (i) any Swingline
Borrowing, such period as the Swingline Lender and the Borrower shall mutually
agree and (ii) any Eurodollar Borrowing, a period of one, two, three or six
months; provided, that:

          (i) the initial Interest Period for such Borrowing shall commence on
     the date of such Borrowing (including the date of any conversion from a
     Borrowing of another Type), and each Interest Period occurring thereafter
     in respect of such Borrowing shall commence on the day on which the next
     preceding Interest Period expires;

          (ii) if any Interest Period would otherwise end on a day other than a
     Business Day, such Interest Period shall be extended to the next succeeding
     Business Day, unless such Business Day falls in another calendar month, in
     which case such Interest Period would end on the next preceding Business
     Day;

                                      -11-

<PAGE>

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

          (iv) no Interest Period may extend beyond the Revolving Commitment
     Termination Date.

          "Issuing Bank" shall mean SunTrust Bank or any other Lender, each in
its capacity as an issuer of Letters of Credit pursuant to Section 2.23.

          "LC Commitment" shall mean that portion of the Aggregate Revolving
Commitment Amount that may be used by the Borrower for the issuance of Letters
of Credit in an aggregate face amount not to exceed $550,000,000.

          "LC Disbursement" shall mean a payment made by the Issuing Bank
pursuant to a Letter of Credit.

          "LC Documents" shall mean the Letters of Credit and all applications,
agreements and instruments relating to the Letters of Credit.

          "LC Exposure" shall mean, at any time, the sum of (i) the aggregate
undrawn amount of all outstanding Letters of Credit at such time, plus (ii) the
aggregate amount of all LC Disbursements that have not been reimbursed by or on
behalf of the Borrower at such time. The LC Exposure of any Lender shall be its
Pro Rata Share of the total LC Exposure at such time.

          "Lenders" shall have the meaning assigned to such term in the opening
paragraph of this Agreement and shall include, where appropriate, the Swingline
Lender and each Additional Lender that joins this Agreement pursuant to Section
2.24.

          "Letter of Credit" shall mean any stand-by letter of credit issued
pursuant to Section 2.23 by the Issuing Bank for the account of the Borrower
pursuant to the LC Commitment, and any Existing Letter of Credit.

          "Leverage Ratio" shall mean, as of any date, the ratio of (i)
Consolidated Adjusted Total Debt as of such date to (ii) Consolidated EBITDA for
the four consecutive Fiscal Quarters ending on or immediately prior to such
date.

          "LIBOR" shall mean, for any applicable Interest Period with respect to
any Eurodollar Loan, the British Bankers' Association Interest Settlement Rate
per annum for deposits in Dollars for a period equal to such Interest Period
appearing on the display designated as Page 3750 on the Dow Jones Markets
Service (or such other page on that service or such other service designated by
the British Bankers' Association for the display of such Association's Interest
Settlement Rates for Dollar deposits) as of 11:00 a.m. (London, England time) on
the day that is two Business Days prior to the first day of the Interest Period
or if such Page 3750 is unavailable for any reason at such time, the rate which
appears on the Reuters Screen ISDA Page as of such date and such time; provided,
that if the Administrative Agent determines that the relevant foregoing sources
are unavailable for the relevant Interest Period, LIBOR shall mean the

                                      -12-

<PAGE>

rate of interest determined by the Administrative Agent to be the average
(rounded upward, if necessary, to the nearest 1/100th of 1%) of the rates per
annum at which deposits in Dollars are offered to the Administrative Agent two
(2) Business Days preceding the first day of such Interest Period by leading
banks in the London interbank market as of 10:00 a.m. (New York time) for
delivery on the first day of such Interest Period, for the number of days
comprised therein and in an amount comparable to the amount of the Eurodollar
Loan of the Administrative Agent.

          "Lien" shall mean any mortgage, pledge, security interest, lien
(statutory or otherwise), charge, encumbrance, hypothecation, assignment,
deposit arrangement, or other arrangement having the practical effect of the
foregoing or any preference, priority or other security agreement or
preferential arrangement of any kind or nature whatsoever (including any
conditional sale or other title retention agreement and any capital lease having
the same economic effect as any of the foregoing).

          "Loan Documents" shall mean, collectively, this Agreement, the Notes
(if any), the LC Documents, the Holdings Guaranty Agreement, the Subsidiary
Guaranty Agreement, the Indemnity and Contribution Agreement, all Compliance
Certificates, all Notices of Borrowing, all Notices of Conversion/Continuation
and any and all other instruments, agreements, documents and writings executed
in connection with any of the foregoing.

          "Loan Parties" shall mean the Borrower, Holdings and the Subsidiary
Loan Parties.

          "Loans" shall mean all Revolving Loans and Swingline Loans in the
aggregate or any of them, as the context shall require.

          "Material Acquisition" shall mean an Acquisition of (i) a Person that,
after giving effect to such Acquisition, would constitute a Material Subsidiary
or (ii) assets that, if such assets were deemed to be acquired by a newly-formed
Subsidiary with no other assets, liabilities or operations, such Subsidiary
would constitute a Material Subsidiary.

          "Material Adverse Effect" shall mean, with respect to any event, act,
condition or occurrence of whatever nature (including any adverse determination
in any litigation, arbitration, or governmental investigation or proceeding),
whether singularly or in conjunction with any other event or events, act or
acts, condition or conditions, occurrence or occurrences whether or not related,
a material adverse change in, or a material adverse effect on, (i) the business,
results of operations, financial condition, assets or liabilities of Borrower or
of Holdings and its Subsidiaries taken as a whole, (ii) the ability of the Loan
Parties to perform any of their respective obligations under the Loan Documents,
(iii) the rights and remedies of the Administrative Agent, the Issuing Bank,
Swingline Lender, and the Lenders under any of the Loan Documents or (iv) the
legality, validity or enforceability of any of the Loan Documents.

          "Material Indebtedness" shall mean Indebtedness (other than the Loans
and Letters of Credit) and Hedging Obligations, of any one or all of the Loan
Parties and their Subsidiaries, individually or in an aggregate principal amount
exceeding $30,000,000. For purposes of determining the amount of attributed
Indebtedness from Hedging Obligations, the

                                      -13-

<PAGE>

"principal amount" of any Hedging Obligations at any time shall be the Net
Mark-to-Market Exposure of such Hedging Obligations.

          "Material Subsidiary" shall mean at any time any direct or indirect
Subsidiary of Holdings having: (a) assets in an amount equal to at least 5% of
the total assets of the Holdings and its Subsidiaries determined on a
consolidated basis as of the last day of the most recent Fiscal Quarter at such
time; or (b) revenues or net income in an amount equal to at least 5% of the
total revenues or net income of Holdings and its Subsidiaries on a consolidated
basis for the 12-month period ending on the last day of the most recent Fiscal
Quarter at such time.

          "Moody's" shall mean Moody's Investors Service, Inc.

          "Multiemployer Plan" shall have the meaning set forth in Section
4001(a)(3) of ERISA.

          "New Lender" shall mean any Lender on the Closing Date that is not an
Existing Lender.

          "Net Mark-to-Market Exposure" of any Person shall mean, as of any date
of determination with respect to any Hedging Obligation, the excess (if any) of
all unrealized losses over all unrealized profits of such Person arising from
such Hedging Obligation. "Unrealized losses" shall mean the fair market value of
the cost to such Person of replacing the Hedging Transaction giving rise to such
Hedging Obligation as of the date of determination (assuming the Hedging
Transaction were to be terminated as of that date), and "unrealized profits"
means the fair market value of the gain to such Person of replacing such Hedging
Transaction as of the date of determination (assuming such Hedging Transaction
were to be terminated as of that date).

          "Notes" shall mean, collectively, the Revolving Credit Notes and the
Swingline Note.

          "Notices of Borrowing" shall mean, collectively, the Notices of
Revolving Borrowing and the Notices of Swingline Borrowing.

          "Notice of Conversion/Continuation" shall mean the notice given by the
Borrower to the Administrative Agent in respect of the conversion or
continuation of an outstanding Borrowing as provided in Section 2.8(b).

          "Notice of Revolving Borrowing" shall have the meaning as set forth in
Section 2.3.

          "Notice of Swingline Borrowing" shall have the meaning as set forth in
Section 2.6.

          "Obligations" shall mean all amounts owing by the Borrower to the
Administrative Agent, the Issuing Bank or any Lender (including the Swingline
Lender) pursuant to or in connection with this Agreement or any other Loan
Document, including without limitation, all principal, interest (including any
interest accruing after the filing of any petition in bankruptcy or the
commencement of any insolvency, reorganization or like

                                      -14-

<PAGE>

proceeding relating to the Borrower, whether or not a claim for post-filing or
post-petition interest is allowed in such proceeding), all reimbursement
obligations, fees, expenses, indemnification and reimbursement payments, costs
and expenses (including all fees and expenses of counsel to the Administrative
Agent, the Issuing Bank and any Lender (including the Swingline Lender) incurred
pursuant to this Agreement or any other Loan Document), whether direct or
indirect, absolute or contingent, liquidated or unliquidated, now existing or
hereafter arising hereunder or thereunder, and all Hedging Obligations owing to
the Administrative Agent, any Lender or any of their Affiliates incurred in
order to limit interest rate or fee fluctuations with respect to the Loans and
Letters of Credit, and all obligations and liabilities incurred in connection
with collecting and enforcing the foregoing, together with all renewals,
extensions, modifications or refinancings thereof.

          "Off-Balance Sheet Liabilities" of any Person shall mean (i) any
repurchase obligation or liability of such Person with respect to accounts or
notes receivable sold by such Person, (ii) any liability of such Person under
any sale and leaseback transactions that do not create a liability on the
balance sheet of such Person, (iii) any Synthetic Lease Obligation or (iv) any
obligation arising with respect to any other transaction which is the functional
equivalent of or takes the place of borrowing but which does not constitute a
liability on the balance sheet of such Person.

          "OSHA" shall mean the Occupational Safety and Health Act of 1970, as
amended from time to time, and any successor statute.

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

          "Participant" shall have the meaning set forth in Section 10.4(d).

          "Payment Office" shall mean the office of the Administrative Agent
located at 303 Peachtree Street, N.E., Atlanta, Georgia 30308, or such other
location as to which the Administrative Agent shall have given written notice to
the Borrower and the other Lenders.

          "PBGC" shall mean the Pension Benefit Guaranty Corporation referred to
and defined in ERISA, and any successor entity performing similar functions.

          "Permitted Acquisitions" shall mean an acquisition or purchase (in one
transaction or a series of transactions) of (a) more than fifty percent (50%) of
the Capital Stock of any other Person resulting in such Person becoming a
Subsidiary of Holdings or (b) all or substantially all assets of any Person or
any assets of any other Person that constitute a business unit (each, an
"Acquisition"), in each case so long as (i) the Acquisition is approved by the
board of directors (or the equivalent thereof) of the Person whose stock or
assets are being acquired, (ii) the entity acquiring the assets is a Loan Party
or following such Acquisition would become a Material Subsidiary, (iii) after
giving effect to the Acquisition, no Default or Event of Default shall have
occurred and be continuing and all representations and warranties contained in
Article IV shall be true and correct in all material respects and (iv) the
Borrower has delivered to the

                                      -15-

<PAGE>

Administrative Agent a certificate of a Responsible Officer certifying the
satisfaction of the conditions set forth above.

          "Permitted Encumbrances" shall mean:

          (i) Liens imposed by law for taxes, governmental assessments or
     similar governmental charges not yet due or which are being contested in
     good faith by appropriate proceedings and with respect to which adequate
     reserves are being maintained in accordance with GAAP;

          (ii) statutory Liens of landlords, carriers, warehousemen, mechanics,
     materialmen and similar Liens arising by operation of law in the ordinary
     course of business for amounts which are not overdue for a period of more
     than 60 days or which are being contested in good faith by appropriate
     proceedings and with respect to which adequate reserves are being
     maintained in accordance with GAAP;

          (iii) pledges and deposits made in the ordinary course of business in
     compliance with workers' compensation, unemployment insurance and other
     social security laws or regulations;

          (iv) deposits to secure the performance of bids, trade contracts,
     leases, statutory obligations, surety and appeal bonds, performance bonds
     and other obligations of a like nature, in each case in the ordinary course
     of business;

          (v) judgment and attachment liens not giving rise to an Event of
     Default or Liens created by or existing from any litigation or legal
     proceeding that are currently being contested in good faith by appropriate
     proceedings and with respect to which adequate reserves are being
     maintained in accordance with GAAP; and

          (vi) easements, zoning restrictions, rights-of-way and similar
     encumbrances on real property imposed by law or arising in the ordinary
     course of business that do not secure any monetary obligations and do not
     materially detract from the value of the affected property or materially
     interfere with the ordinary conduct of business of the Borrower and its
     Subsidiaries taken as a whole;

provided, that the term "Permitted Encumbrances" shall not include any Lien
securing Indebtedness.

          "Permitted Investments" shall mean:

          (i) direct obligations of, or obligations the principal of and
     interest on which are unconditionally guaranteed by, the United States (or
     by any agency thereof to the extent such obligations are backed by the full
     faith and credit of the United States), in each case maturing within one
     year from the date of acquisition thereof;

          (ii) commercial paper having the highest rating, at the time of
     acquisition thereof, of S&P or Moody's and in either case maturing within
     six months from the date of acquisition thereof;

                                      -16-

<PAGE>

          (iii) certificates of deposit, bankers' acceptances and time deposits
     maturing within 180 days of the date of acquisition thereof issued or
     guaranteed by or placed with, and money market deposit accounts issued or
     offered by, any domestic office of any commercial bank organized under the
     laws of the United States or any state thereof which has a combined capital
     and surplus and undivided profits of not less than $500,000,000;

          (iv) fully collateralized repurchase agreements with a term of not
     more than 30 days for securities described in clause (i) above and entered
     into with a financial institution satisfying the criteria described in
     clause (iii) above;

          (v) mutual funds investing solely in any one or more of the Permitted
     Investments described in clauses (i) through (iv) above; and

          (vi) subject to the restriction set forth in Section 4.9, equity or
     debt securities that are listed on a national securities exchange or Nasdaq
     or freely traded in the over-the counter market so long as the amount
     invested in such securities does not exceed in the aggregate $10,000,000.

          "Person" shall mean any individual, partnership, firm, corporation,
association, joint venture, limited liability company, trust or other entity, or
any Governmental Authority.

          "Plan" shall mean any employee pension benefit plan (other than a
Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section
412 of the Code or Section 302 of ERISA, and in respect of which the Borrower or
any ERISA Affiliate is (or, if such plan were terminated, would under Section
4069 of ERISA be deemed to be) an "employer" as defined in Section 3(5) of
ERISA.

          "Pro Rata Share" shall mean, with respect to any Lender at any time, a
percentage, the numerator of which shall be such Lender's Revolving Commitment
(or if such Revolving Commitments have been terminated or expired or the Loans
have been declared to be due and payable, such Lender's outstanding Revolving
Loans, Swingline Exposure and LC Exposure), and the denominator of which shall
be the sum of such Revolving Commitments of all Lenders (or if such Revolving
Commitments have been terminated or expired or the Loans have been declared to
be due and payable, all outstanding Revolving Loans, Swingline Exposure and LC
Exposure of all Lenders funded under such Commitments).

          "Receivables" shall mean accounts receivable (including, without
limitation, all rights to payment created or arising from the sales of goods,
leases of goods or the rendition of services, no matter how evidenced and
whether or not earned by performance).

          "Refinanced Indebtedness" shall mean the Indebtedness being refinanced
or replaced with the proceeds of the Loans.

          "Regulation D" shall mean Regulation D of the Board of Governors of
the Federal Reserve System, as the same may be in effect from time to time, and
any successor regulations.

                                      -17-

<PAGE>

          "Related Parties" shall mean, with respect to any specified Person,
such Person's Affiliates and the respective directors, officers, employees,
agents and advisors of such Person and such Person's Affiliates.

          "Release" shall mean any release, spill, emission, leaking, dumping,
injection, pouring, deposit, disposal, discharge, dispersal, leaching or
migration into the environment (including ambient air, surface water,
groundwater, land surface or subsurface strata) or within any building,
structure, facility or fixture.

          "Required Lenders" shall mean, at any time, Lenders holding more than
50% of the aggregate outstanding Revolving Commitments at such time or if the
Lenders have no Commitments outstanding, then Lenders holding more than 50% of
the aggregate Revolving Loans, Swingline Exposure and LC Exposure of all
Lenders.

          "Requirement of Law" for any Person shall mean the articles or
certificate of incorporation, bylaws, partnership certificate and agreement, or
limited liability company certificate of organization and agreement, as the case
may be, and other organizational and governing documents of such Person, and any
law, treaty, rule or regulation, or determination of a Governmental Authority,
in each case applicable to or binding upon such Person or any of its property or
to which such Person or any of its property is subject.

          "Responsible Officer" shall mean any of the president, the chief
executive officer, the chief operating officer, the chief financial officer, the
treasurer or a vice president of the Borrower or such other representative of
the Borrower as may be designated in writing by any one of the foregoing with
the consent of the Administrative Agent; and, with respect to the financial
covenants only, the chief financial officer or the treasurer of the Borrower.

          "Restricted Payment" shall have the meaning set forth in Section 7.5.

          "Revolving Commitment" shall mean, with respect to each Lender, the
obligation of such Lender to make Revolving Loans to the Borrower and to
participate in Letters of Credit and Swingline Loans in an aggregate principal
amount not exceeding the amount set forth with respect to such Lender on Annex
I, or in the case of a Person becoming a Lender after the Closing Date through
an assignment of an existing Revolving Commitment, the amount of the assigned
"Revolving Commitment" as provided in the Assignment and Acceptance executed by
such Person as an assignee, as the same may be increased or deceased pursuant to
terms hereof.

          "Revolving Commitment Termination Date" shall mean the earliest of (i)
December 16, 2010, (ii) the date on which the Revolving Commitments are
terminated pursuant to Section 2.9 and (iii) the date on which all amounts
outstanding under this Agreement have been declared or have automatically become
due and payable (whether by acceleration or otherwise).

          "Revolving Credit Availability Period" shall mean the period from the
Closing Date to the Revolving Commitment Termination Date.

                                      -18-

<PAGE>

          "Revolving Credit Exposure" shall mean, with respect to any Lender at
any time, the sum of the outstanding principal amount of such Lender's Revolving
Loans, LC Exposure and Swingline Exposure.

          "Revolving Credit Note" shall mean a promissory note of the Borrower
payable to the order of a requesting Lender in the principal amount of such
Lender's Revolving Commitment, in substantially the form of Exhibit A.

          "Revolving Loan" shall mean a loan made by a Lender (other than the
Swingline Lender) to the Borrower under its Revolving Commitment, which may
either be a Base Rate Loan or a Eurodollar Loan.

          "S&P" shall mean Standard & Poor's, a Division of the McGraw-Hill
Companies.

          "Securitization Transaction" shall mean any transfer by the Borrower
or any Subsidiary of Receivables or interests therein and all collateral
securing such Receivables, all contracts and contract rights and all guarantees
or other obligations in respect of such Receivables, all other assets that are
customarily transferred or in respect of which security interests are
customarily granted in connection with asset securitization transactions
involving such Receivables and all proceeds of any of the foregoing (i) to a
trust, partnership, corporation or other entity (other than the Borrower or a
Subsidiary other than a SPE Subsidiary), which transfer is funded in whole or in
part, directly or indirectly, by the incurrence or issuance by the transferee or
any successor transferee of indebtedness or other securities that are to receive
payments from, or that represent interests in, the cash flow derived from such
Receivables or interests in Receivables, or (ii) directly to one or more
investors or other purchasers (other than the Borrower or any Subsidiary). The
"amount" or "principal amount" of any Securitization Transaction shall be deemed
at any time to be (x) in the case of a transaction described in clause (a) of
the preceding sentence, the aggregate principal or stated amount of the
Indebtedness or other securities referred to in such clause or, if there shall
be no such principal or stated amount, the uncollected amount of the Receivables
transferred pursuant to such Securitization Transaction net of any such
Receivables that have been written off as uncollectible, and (y) in the case of
a transaction described in clause (b) of the preceding sentence, the aggregate
outstanding principal amount of the Indebtedness secured by Liens on the subject
Receivables.

          "SPE Subsidiary" shall mean any Subsidiary formed solely for the
purpose of, and that engages only in, one or more Securitization Transactions.

          "Subsidiary" shall mean, with respect to any Person (the "parent"),
any corporation, partnership, joint venture, limited liability company,
association or other entity the accounts of which would be consolidated with
those of the parent in the parent's consolidated financial statements if such
financial statements were prepared in accordance with GAAP as of such date, as
well as any other corporation, partnership, joint venture, limited liability
company, association or other entity (i) of which securities or other ownership
interests representing more than 50% of the equity or more than 50% of the
ordinary voting power, or in the case of a partnership, more than 50% of the
general partnership interests are, as of such date, owned, controlled or held,
or (ii) that is, as of such date, otherwise controlled, by the parent or one or
more subsidiaries of the parent or by the parent and one or more subsidiaries of
the parent.

                                      -19-

<PAGE>

Unless otherwise indicated, all references to "Subsidiary" hereunder shall mean
a Subsidiary of Holdings.

          "Subsidiary Guaranty Agreement" shall mean the Second Amended and
Restated Subsidiary Guaranty Agreement, dated as of the date hereof, made by the
Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of
the Lenders.

          "Subsidiary Guaranty Supplement" shall mean each supplement
substantially in the form of Annex I to the Subsidiary Guaranty Agreement
executed and delivered by a Subsidiary of the Borrower pursuant to Section 5.10.

          "Subsidiary Loan Party" shall mean any Material Subsidiary (other than
any SPE Subsidiary whose organizational documents prohibit it from guaranteeing
the Obligations) and any other Subsidiary that guarantees the Obligations.

          "Swingline Commitment" shall mean the commitment of the Swingline
Lender to make Swingline Loans in an aggregate principal amount at any time
outstanding not to exceed $25,000,000.

          "Swingline Exposure" shall mean, with respect to each Lender, the
principal amount of the Swingline Loans in which such Lender is legally
obligated either to make a Base Rate Loan or to purchase a participation in
accordance with Section 2.6, which shall equal such Lender's Pro Rata Share of
all outstanding Swingline Loans.

          "Swingline Lender" shall mean SunTrust Bank.

          "Swingline Loan" shall mean a loan made to the Borrower by the
Swingline Lender under the Swingline Commitment.

          "Swingline Note" shall mean the promissory note of the Borrower
payable to the order of the Swingline Lender in the principal amount of the
Swingline Commitment, substantially the form of Exhibit B.

          "Swingline Termination Date" shall mean the date that is one (1)
Business Day prior to the Revolving Commitment Termination Date.

          "Synthetic Lease" shall mean a lease transaction under which the
parties intend that (i) the lease will be treated as an "operating lease" by the
lessee pursuant to Statement of Financial Accounting Standards No. 13, as
amended, (ii) the lessee will be entitled to various tax and other benefits
ordinarily available to owners (as opposed to lessees) of like property and
(iii) is the functional equivalent of or takes the place of a borrowing but does
not constitute a liability on the consolidated balance sheet of the lessee.

          "Synthetic Lease Obligations" shall mean, with respect to any Person,
the sum of (i) all remaining rental obligations of such Person as lessee under
Synthetic Leases which are attributable to principal and, without duplication,
(ii) all rental and purchase price payment obligations of such Person under such
Synthetic Leases assuming such Person exercises the option to purchase the lease
property at the end of the lease term.

                                      -20-

<PAGE>

          "Taxes" shall mean any and all present or future taxes, levies,
imposts, duties, deductions, charges or withholdings imposed by any Governmental
Authority.

          "Transplace" shall mean Transplace.com LLC, a Nevada limited liability
company.

          "Transportation" shall mean Swift Transportation Corporation, a Nevada
corporation.

          "Type", when used in reference to a Loan or Borrowing, refers to
whether the rate of interest on such Loan, or on the Loans comprising such
Borrowing, is determined by reference to the Adjusted LIBO Rate or the Base
Rate.

          "Withdrawal Liability" shall mean liability to a Multiemployer Plan as
a result of a complete or partial withdrawal from such Multiemployer Plan, as
such terms are defined in Part I of Subtitle E of Title IV of ERISA.

          SECTION 1.2. CLASSIFICATIONS OF LOANS AND BORROWINGS. For purposes of
this Agreement, Loans may be classified and referred to by Class (e.g., a
"Revolving Loan" or "Swingline Loan") or by Type (e.g., a "Eurodollar Loan" or
"Base Rate Loan") or by Class and Type (e.g., "Revolving Eurodollar Loan").
Borrowings also may be classified and referred to by Class (e.g., "Revolving
Borrowing") or by Type (e.g., "Eurodollar Borrowing") or by Class and Type
(e.g., "Revolving Eurodollar Borrowing").

          SECTION 1.3. ACCOUNTING TERMS AND DETERMINATION. Unless otherwise
defined or specified herein, all accounting terms used herein shall be
interpreted, all accounting determinations hereunder shall be made, and all
financial statements required to be delivered hereunder shall be prepared, in
accordance with GAAP as in effect from time to time, applied on a basis
consistent (except for such changes approved by Holding's independent public
accountants) with the most recent audited consolidated financial statement of
the Borrower delivered pursuant to Section 5.1(a); provided, that if the
Borrower notifies the Administrative Agent that the Borrower wishes to amend any
covenant in Article VI to eliminate the effect of any change in GAAP on the
operation of such covenant (or if the Administrative Agent notifies the Borrower
that the Required Lenders wish to amend Article VI for such purpose), then the
Borrower's compliance with such covenant shall be determined on the basis of
GAAP in effect immediately before the relevant change in GAAP became effective,
until either such notice is withdrawn or such covenant is amended in a manner
satisfactory to the Borrower and the Required Lenders.

          SECTION 1.4. TERMS GENERALLY. The definitions of terms herein shall
apply equally to the singular and plural forms of the terms defined. Whenever
the context may require, any pronoun shall include the corresponding masculine,
feminine and neuter forms. The words "include", "includes" and "including" shall
be deemed to be followed by the phrase "without limitation". The word "will"
shall be construed to have the same meaning and effect as the word "shall". In
the computation of periods of time from a specified date to a later specified
date, the word "from" means "from and including" and the word "to" means "to but
excluding". Unless the context requires otherwise (i) any definition of or
reference to any agreement, instrument or

                                      -21-

<PAGE>

other document herein shall be construed as referring to such agreement,
instrument or other document as it was originally executed or as it may from
time to time be amended, restated, supplemented or otherwise modified (subject
to any restrictions on such amendments, supplements or modifications set forth
herein), (ii) any reference herein to any Person shall be construed to include
such Person's successors and permitted assigns, (iii) the words "hereof",
"herein" and "hereunder" and words of similar import shall be construed to refer
to this Agreement as a whole and not to any particular provision hereof, (iv)
all references to Articles, Sections, Exhibits and Schedules shall be construed
to refer to Articles, Sections, Exhibits and Schedules to this Agreement and (v)
all references to a specific time shall be construed to refer to Atlanta,
Georgia time, unless otherwise indicated.

                                   ARTICLE II
                       AMOUNT AND TERMS OF THE COMMITMENTS

          SECTION 2.1. GENERAL DESCRIPTION OF FACILITIES. Subject to and upon
the terms and conditions herein set forth, (i) the Lenders hereby establish in
favor of the Borrower a revolving credit facility pursuant to which each Lender
severally agrees (to the extent of such Lender's Revolving Commitment) to make
Revolving Loans to the Borrower in accordance with Section 2.2, (ii) the Issuing
Bank agrees to issue Letters of Credit in accordance with Section 2.23, (iii)
the Swingline Lender agrees to make Swingline Loans in accordance with Section
2.5, and (iv) each Lender agrees to purchase a participation interest in the
Letters of Credit and the Swingline Loans pursuant to the terms and conditions
hereof; provided, that in no event shall the aggregate principal amount of all
outstanding Revolving Loans, Swingline Loans and outstanding LC Exposure exceed
at any time the Aggregate Revolving Commitments from time to time in effect.

          SECTION 2.2. REVOLVING LOANS. Subject to the terms and conditions set
forth herein, each Lender severally agrees to make Revolving Loans, ratably in
proportion to its Pro Rata Share, to the Borrower, from time to time during the
Availability Period, in an aggregate principal amount outstanding at any time
that will not result in (a) such Lender's Revolving Credit Exposure exceeding
such Lender's Revolving Commitment or (b) the sum of the aggregate Revolving
Credit Exposures of all Lenders exceeding the Aggregate Revolving Commitment
Amount. During the Availability Period, the Borrower shall be entitled to
borrow, prepay and reborrow Revolving Loans in accordance with the terms and
conditions of this Agreement; provided, that the Borrower may not borrow or
reborrow should there exist a Default or Event of Default.

          SECTION 2.3. PROCEDURE FOR REVOLVING BORROWINGS. The Borrower shall
give the Administrative Agent written notice (or telephonic notice promptly
confirmed in writing) of each Revolving Borrowing substantially in the form of
Exhibit 2.3 attached hereto (a "Notice of Revolving Borrowing") (x) prior to
1:00 p.m. (New York time) on the requested date of each Base Rate Borrowing and
(y) prior to 1:00 p.m. (New York time) three (3) Business Days prior to the
requested date of each Eurodollar Borrowing. Each Notice of Revolving Borrowing
shall be irrevocable and shall specify: (i) the aggregate principal amount of
such Borrowing, (ii) the date of such Borrowing (which shall be a Business Day),
(iii) the Type of such Revolving Loan comprising such Borrowing and (iv) in the
case of a Eurodollar Borrowing, the duration of the

                                      -22-

<PAGE>

initial Interest Period applicable thereto (subject to the provisions of the
definition of Interest Period). Each Revolving Borrowing shall consist entirely
of Base Rate Loans or Eurodollar Loans, as the Borrower may request. The
aggregate principal amount of each Eurodollar Borrowing shall be not less than
$4,000,000 or a larger multiple of $1,000,000, and the aggregate principal
amount of each Base Rate Borrowing shall not be less than $1,000,000 or a larger
multiple of $100,000; provided, that Base Rate Loans made pursuant to Section
2.6 or Section 2.23(c) may be made in lesser amounts as provided therein. At no
time shall the total number of Eurodollar Borrowings outstanding at any time
exceed twelve. Promptly following the receipt of a Notice of Revolving Borrowing
in accordance herewith, the Administrative Agent shall advise each Lender of the
details thereof and the amount of such Lender's Revolving Loan to be made as
part of the requested Revolving Borrowing.

          SECTION 2.4. RESERVED.

          SECTION 2.5. SWINGLINE COMMITMENT. Subject to the terms and conditions
set forth herein, the Swingline Lender agrees to make Swingline Loans to the
Borrower, from time to time from the Closing Date to the Swingline Termination
Date, in an aggregate principal amount outstanding at any time not to exceed the
lesser of (i) the Swingline Commitment then in effect and (ii) the difference
between the Aggregate Revolving Commitment Amount and the aggregate Revolving
Credit Exposures of all Lenders; provided, that no Swingline Loan may be made to
refinance an outstanding Swingline Loan, and no Swingline Loan shall be
outstanding for a period that exceeds fourteen (14) days. The Borrower shall be
entitled to borrow and repay Swingline Loans in accordance with the terms and
conditions of this Agreement.

          SECTION 2.6. PROCEDURE FOR SWINGLINE BORROWING; ETC.

          (a) The Borrower shall give the Administrative Agent written notice
(or telephonic notice promptly confirmed in writing) of each Swingline Borrowing
substantially in the form of Exhibit 2.6 attached hereto ("Notice of Swingline
Borrowing") prior to 10:00 a.m. (New York time) on the requested date of each
Swingline Borrowing. Each Notice of Swingline Borrowing shall be irrevocable and
shall specify: (i) the principal amount of such Swingline Loan, (ii) the date of
such Swingline Loan (which shall be a Business Day) and (iii) the account of the
Borrower to which the proceeds of such Swingline Loan should be credited. The
Administrative Agent will promptly advise the Swingline Lender of each Notice of
Swingline Borrowing. Each Swingline Loan shall accrue interest at the Base Rate
or any other interest rate as agreed between the Borrower and the Swingline
Lender and shall have an Interest Period (subject to the definition thereof) as
agreed between the Borrower and the Swingline Lender. The aggregate principal
amount of each Swingline Loan shall be not less than $100,000 or a larger
multiple of $50,000, or such other minimum amounts agreed to by the Swingline
Lender and the Borrower. The Swingline Lender will make the proceeds of each
Swingline Loan available to the Borrower in Dollars in immediately available
funds at the account specified by the Borrower in the applicable Notice of
Swingline Borrowing not later than 1:00 p.m. (New York time) on the requested
date of such Swingline Loan.

          (b) The Swingline Lender, at any time and from time to time in its
sole discretion, may, on behalf of the Borrower (which hereby irrevocably
authorizes and directs the Swingline Lender to act on its behalf), give a Notice
of Revolving Borrowing to the Administrative Agent

                                      -23-

<PAGE>

requesting the Lenders (including the Swingline Lender) to make Base Rate Loans
in an amount equal to the unpaid principal amount of any Swingline Loan. Each
Lender will make the proceeds of its Base Rate Loan included in such Borrowing
available to the Administrative Agent for the account of the Swingline Lender in
accordance with Section 2.7, which will be used solely for the repayment of such
Swingline Loan.

          (c) If for any reason a Base Rate Borrowing may not be (as determined
in the sole discretion of the Administrative Agent), or is not, made in
accordance with the foregoing provisions, then each Lender (other than the
Swingline Lender) shall purchase an undivided participating interest in such
Swingline Loan in an amount equal to its Pro Rata Share thereof on the date that
such Base Rate Borrowing should have occurred. On the date of such required
purchase, each Lender shall promptly transfer, in immediately available funds,
the amount of its participating interest to the Administrative Agent for the
account of the Swingline Lender. If such Swingline Loan bears interest at a rate
other than the Base Rate, such Swingline Loan shall automatically become a Base
Rate Loan on the effective date of any such participation and interest shall
become payable on demand.

          (d) Each Lender's obligation to make a Base Rate Loan pursuant to
Section 2.6(b) or to purchase the participating interests pursuant to Section
2.6(c) shall be absolute and unconditional and shall not be affected by any
circumstance, including without limitation (i) any setoff, counterclaim,
recoupment, defense or other right that such Lender or any other Person may have
or claim against the Swingline Lender, the Borrower or any other Person for any
reason whatsoever, (ii) the existence of a Default or an Event of Default or the
termination of any Lender's Revolving Commitment, (iii) the existence (or
alleged existence) of any event or condition which has had or could reasonably
be expected to have a Material Adverse Effect, (iv) any breach of this Agreement
or any other Loan Document by the Borrower, the Administrative Agent or any
Lender or (v) any other circumstance, happening or event whatsoever, whether or
not similar to any of the foregoing. If such amount is not in fact made
available to the Swingline Lender by any Lender, the Swingline Lender shall be
entitled to recover such amount on demand from such Lender, together with
accrued interest thereon for each day from the date of demand thereof (i) at the
Federal Funds Rate until the second Business Day after such demand and (ii) at
the Base Rate at all times thereafter. Until such time as such Lender makes its
required payment, the Swingline Lender shall be deemed to continue to have
outstanding Swingline Loans in the amount of the unpaid participation for all
purposes of the Loan Documents. In addition, such Lender shall be deemed to have
assigned any and all payments made of principal and interest on its Loans and
any other amounts due to it hereunder, to the Swingline Lender to fund the
amount of such Lender's participation interest in such Swingline Loans that such
Lender failed to fund pursuant to this Section, until such amount has been
purchased in full.

          SECTION 2.7. FUNDING OF BORROWINGS.

          (a) Each Lender will make available each Loan to be made by it
hereunder on the proposed date thereof by wire transfer in immediately available
funds by 3:00 p.m. (New York time) to the Administrative Agent at the Payment
Office; provided, that the Swingline Loans will be made as set forth in Section
2.6. The Administrative Agent will make such Loans available to the Borrower by
promptly crediting the amounts that it receives, in like funds by the close of
business on such proposed date, to an account maintained by the Borrower with
the

                                      -24-

<PAGE>

Administrative Agent or at the Borrower's option, by effecting a wire transfer
of such amounts to an account designated by the Borrower to the Administrative
Agent. On the Closing Date, all Existing Loans shall be deemed to be Revolving
Loans. Each New Lender will fund its initial Revolving Loan equal to its Pro
Rata Share of all Revolving Loans to the Payment Office no later than 2:00 p.m.
on the Closing Date.

          (b) Unless the Administrative Agent shall have been notified by any
Lender prior to 5:00 p.m. (New York time) one (1) Business Day prior to the date
of a Borrowing in which such Lender is to participate that such Lender will not
make available to the Administrative Agent such Lender's share of such
Borrowing, the Administrative Agent may assume that such Lender has made such
amount available to the Administrative Agent on such date, and the
Administrative Agent, in reliance on such assumption, may make available to the
Borrower on such date a corresponding amount. If such corresponding amount is
not in fact made available to the Administrative Agent by such Lender on the
date of such Borrowing, the Administrative Agent shall be entitled to recover
such corresponding amount on demand from such Lender together with interest at
the Federal Funds Rate until the second Business Day after such demand and
thereafter at the Base Rate. If such Lender does not pay such corresponding
amount forthwith upon the Administrative Agent's demand therefor, the
Administrative Agent shall promptly notify the Borrower, and the Borrower shall
immediately pay such corresponding amount to the Administrative Agent together
with interest at the rate specified for such Borrowing. Nothing in this
subsection shall be deemed to relieve any Lender from its obligation to fund its
Pro Rata Share of any Borrowing hereunder or to prejudice any rights which the
Borrower may have against any Lender as a result of any default by such Lender
hereunder.

          (c) All Revolving Borrowings shall be made by the Lenders on the basis
of their respective Pro Rata Shares. No Lender shall be responsible for any
default by any other Lender in its obligations hereunder, and each Lender shall
be obligated to make its Revolving Loans provided to be made by it hereunder,
regardless of the failure of any other Lender to make its Loans hereunder.

          SECTION 2.8. INTEREST ELECTIONS.

          (a) Each Borrowing initially shall be of the Type specified in the
applicable Notice of Borrowing, and in the case of a Eurodollar Borrowing, shall
have an initial Interest Period as specified in such Notice of Borrowing.
Thereafter, the Borrower may elect to convert such Borrowing into a different
Type or to continue such Borrowing, and in the case of a Eurodollar Borrowing,
may elect Interest Periods therefor, all as provided in this Section. The
Borrower may elect different options with respect to different portions of the
affected Borrowing, in which case each such portion shall be allocated ratably
among the Lenders holding Loans comprising such Borrowing, and the Loans
comprising each such portion shall be considered a separate Borrowing. This
Section shall NOT apply to Swingline Borrowings, which may not be converted or
continued.

          (b) To make an election pursuant to this Section the Borrower shall
give the Administrative Agent prior written notice (or telephonic notice
promptly confirmed in writing) of each Borrowing substantially in the form of
Exhibit 2.8 attached hereto (a "Notice of Conversion/Continuation") that is to
be converted or continued, as the case may be, (x) prior to

                                      -25-

<PAGE>

2:00 p.m. (New York time) one (1) Business Day prior to the requested date of a
conversion into a Base Rate Borrowing and (y) prior to 11:00 a.m. (New York
time) three (3) Business Days prior to a continuation of or conversion into a
Eurodollar Borrowing. Each such Notice of Conversion/Continuation shall be
irrevocable and shall specify (i) the Borrowing to which such Notice of
Continuation/Conversion applies and if different options are being elected with
respect to different portions thereof, the portions thereof that are to be
allocated to each resulting Borrowing (in which case the information to be
specified pursuant to clauses (iii) and (iv) shall be specified for each
resulting Borrowing); (ii) the effective date of the election made pursuant to
such Notice of Continuation/Conversion, which shall be a Business Day, (iii)
whether the resulting Borrowing is to be a Base Rate Borrowing or a Eurodollar
Borrowing; and (iv) if the resulting Borrowing is to be a Eurodollar Borrowing,
the Interest Period applicable thereto after giving effect to such election,
which shall be a period contemplated by the definition of "Interest Period". If
any such Notice of Continuation/Conversion requests a Eurodollar Borrowing but
does not specify an Interest Period, the Borrower shall be deemed to have
selected an Interest Period of one month. The principal amount of any resulting
Borrowing shall satisfy the minimum borrowing amount for Eurodollar Borrowings
and Base Rate Borrowings set forth in Section 2.3.

          (c) If, on the expiration of any Interest Period in respect of any
Eurodollar Borrowing, the Borrower shall have failed to deliver a Notice of
Conversion/ Continuation, then, unless such Borrowing is repaid as provided
herein, the Borrower shall be deemed to have elected to convert such Borrowing
to a Base Rate Borrowing. No Borrowing may be converted into, or continued as, a
Eurodollar Borrowing if a Default or an Event of Default exists, unless the
Administrative Agent and each of the Lenders shall have otherwise consented in
writing. No conversion of any Eurodollar Loans shall be permitted except on the
last day of the Interest Period in respect thereof.

          (d) Upon receipt of any Notice of Conversion/Continuation, the
Administrative Agent shall promptly notify each Lender of the details thereof
and of such Lender's portion of each resulting Borrowing.

          (e) All Loans outstanding on the Closing Date shall be Base Rate
Loans, unless and until the Borrower converts the Base Rate Loans to Eurodollar
Loans pursuant to this Section.

          SECTION 2.9. OPTIONAL REDUCTION AND TERMINATION OF COMMITMENTS.

          (a) Unless previously terminated, all Revolving Commitments (including
the LC Commitments) shall terminate on the Revolving Commitment Termination
Date, except that the Swingline Commitment shall terminate on the Swingline
Termination Date.

          (b) Upon at least three (3) Business Days' prior written notice (or
telephonic notice promptly confirmed in writing) to the Administrative Agent
(which notice shall be irrevocable), the Borrower may reduce the Aggregate
Revolving Commitments in part or terminate the Aggregate Revolving Commitments
in whole; provided, that (i) any partial reduction shall apply to reduce
proportionately and permanently the Revolving Commitment of each Lender, (ii)
any partial reduction pursuant to this Section shall be in an amount of at least

                                      -26-

<PAGE>

$4,000,000 and any larger multiple of $1,000,000, and (iii) no such reduction
shall be permitted which would reduce the Aggregate Revolving Commitments to an
amount less than the outstanding Revolving Credit Exposures of all Lenders. Any
such reduction in the Aggregate Revolving Commitments shall result in a
proportionate reduction (rounded to the next lowest integral multiple of
$100,000) in the Swingline Commitment and the LC Commitment.

          SECTION 2.10. REPAYMENT OF LOANS.

          (a) The outstanding principal amount of all Revolving Loans shall be
due and payable (together with accrued and unpaid interest thereon) on the
Revolving Commitment Termination Date.

          (b) The principal amount of each Swingline Borrowing shall be due and
payable (together with accrued interest thereon) on the earlier of (i) the last
day of the Interest Period applicable to such Borrowing and (ii) the Swingline
Termination Date.

          SECTION 2.11. EVIDENCE OF INDEBTEDNESS.

          (a) Each Lender shall maintain in accordance with its usual practice
appropriate records evidencing the Indebtedness of the Borrower to such Lender
resulting from each Loan made by such Lender from time to time, including the
amounts of principal and interest payable thereon and paid to such Lender from
time to time under this Agreement. The Administrative Agent shall maintain
appropriate records in which shall be recorded (i) the Revolving Commitment of
each Lender, (ii) the amount of each Loan made hereunder by each Lender, the
Class and Type thereof and the Interest Period applicable thereto, (iii) the
date of each continuation thereof pursuant to Section 2.8, (iv) the date of each
conversion of all or a portion thereof to another Type pursuant to Section 2.8,
(v) the date and amount of any principal or interest due and payable or to
become due and payable from the Borrower to each Lender hereunder in respect of
such Loans and (vi) both the date and amount of any sum received by the
Administrative Agent hereunder from the Borrower in respect of the Loans and
each Lender's Pro Rata Share thereof. The entries made in such records shall be
prima facie evidence of the existence and amounts of the obligations of the
Borrower therein recorded; provided, that the failure or delay of any Lender or
the Administrative Agent in maintaining or making entries into any such record
or any error therein shall not in any manner affect the obligation of the
Borrower to repay the Loans (both principal and unpaid accrued interest) of such
Lender in accordance with the terms of this Agreement.

          (b) At the request of any Lender (including the Swingline Lender) at
any time, the Borrower agrees that it will execute and deliver to such Lender a
Revolving Credit Note and, in the case of the Swingline Lender only, a Swingline
Note, payable to the order of such Lender.

          SECTION 2.12. OPTIONAL PREPAYMENTS. The Borrower shall have the right
at any time and from time to time to prepay any Borrowing, in whole or in part,
without premium or penalty, by giving irrevocable written notice (or telephonic
notice promptly confirmed in writing) to the Administrative Agent no later than
(i) in the case of prepayment of any Eurodollar Borrowing, 11:00 a.m. (New York
time) not less than three (3) Business Days prior to any such prepayment, (ii)
in the case of any prepayment of any Base Rate Borrowing, not less than one

                                      -27-

<PAGE>

Business Day prior to the date of such prepayment, and (iii) in the case of
Swingline Borrowings, prior to 11:00 a.m. (New York time) on the date of such
prepayment. Each such notice shall be irrevocable and shall specify the proposed
date of such prepayment and the principal amount of each Borrowing or portion
thereof to be prepaid. Upon receipt of any such notice, the Administrative Agent
shall promptly notify each affected Lender of the contents thereof and of such
Lender's Pro Rata Share of any such prepayment. If such notice is given, the
aggregate amount specified in such notice shall be due and payable on the date
designated in such notice, together with accrued interest to such date on the
amount so prepaid in accordance with Section 2.13(e); provided, that if a
Eurodollar Borrowing is prepaid on a date other than the last day of an Interest
Period applicable thereto, the Borrower shall also pay all amounts required
pursuant to Section 2.19. Each partial prepayment of any Loan (other than a
Swingline Loan) shall be in an amount that would be permitted in the case of an
advance of a Revolving Borrowing of the same Type pursuant to Section 2.3 or in
the case of a Swingline Loan pursuant to Section 2.6. Each prepayment of a
Borrowing shall be applied ratably to the Loans comprising such Borrowing.

          SECTION 2.13. INTEREST ON LOANS.

          (a) The Borrower shall pay interest on each Base Rate Loan at the Base
Rate in effect from time to time and on each Eurodollar Loan at the Adjusted
LIBO Rate for the applicable Interest Period in effect for such Loan, plus, in
the case of a Eurodollar Loan, the Applicable Margin in effect from time to
time.

          (b) The Borrower shall pay interest on each Swingline Loan at the Base
Rate in effect from time to time.

          (c) While an Event of Default exists or after acceleration, at the
option of the Required Lenders, the Borrower shall pay interest ("Default
Interest") with respect to all Eurodollar Loans at the rate otherwise applicable
for the then-current Interest Period plus an additional 2% per annum until the
last day of such Interest Period, and thereafter, and with respect to all Base
Rate Loans (including all Swingline Loans) and all other Obligations hereunder
(other than Loans), at an all-in rate in effect for Base Rate Loans, plus an
additional 2% per annum.

          (d) Interest on the principal amount of all Loans shall accrue from
and including the date such Loans are made to but excluding the date of any
repayment thereof. Interest on all outstanding Base Rate Loans shall be payable
quarterly in arrears on the last day of each March, June, September and December
and on the Revolving Commitment Termination Date. Interest on all outstanding
Eurodollar Loans shall be payable on the last day of each Interest Period
applicable thereto, and, in the case of any Eurodollar Loans having an Interest
Period in excess of three months, on each day which occurs every three months,
after the initial date of such Interest Period, and on the Revolving Commitment
Termination Date. Interest on each Swingline Loan shall be payable on the
maturity date of such Loan, which shall be the last day of the Interest Period
applicable thereto, and on the Swingline Termination Date. Interest on any Loan
which is converted into a Loan of another Type or which is repaid or prepaid
shall be payable on the date of such conversion or on the date of any such
repayment or prepayment (on the amount repaid or prepaid) thereof. All Default
Interest shall be payable on demand.

                                      -28-

<PAGE>

          (e) The Administrative Agent shall determine each interest rate
applicable to the Loans hereunder and shall promptly notify the Borrower and the
Lenders of such rate in writing (or by telephone, promptly confirmed in
writing). Any such determination shall be conclusive and binding for all
purposes, absent manifest error.

          SECTION 2.14. FEES.

          (a) The Borrower shall pay to the Administrative Agent for its own
account fees in the amounts and at the times previously agreed upon in writing
by the Borrower and the Administrative Agent.

          (b) The Borrower agrees to pay to the Administrative Agent for the
account of each Lender a commitment fee, which shall accrue at the Applicable
Percentage per annum (determined daily in accordance with Schedule I) on the
daily amount of the unused Revolving Commitment of such Lender during the
Availability Period. Accrued commitment fees shall be payable in arrears on the
last day of each March, June, September and December of each year and on the
Revolving Commitment Termination Date, commencing on the first such date after
the Closing Date. For purposes of computing commitment fees with respect to the
Revolving Commitments, the Revolving Commitment of each Lender shall be deemed
used to the extent of the outstanding Revolving Loans and LC Exposure, but not
Swingline Exposure, of such Lender.

          (c) The Borrower agrees to pay (i) to the Administrative Agent, for
the account of each Lender, a letter of credit fee with respect to its
participation in each Letter of Credit, which shall accrue at a rate per annum
equal to the Applicable Margin for Eurodollar Loans then in effect on the
average daily amount of such Lender's LC Exposure (excluding any portion thereof
attributable to unreimbursed LC Disbursements) attributable to such Letter of
Credit during the period from and including the date of issuance of such Letter
of Credit to but excluding the date on which such Letter of Credit expires or is
drawn in full (including without limitation any LC Exposure that remains
outstanding after the Revolving Commitment Termination Date) and (ii) to the
Issuing Bank for its own account a fronting fee, which shall accrue at the rate
of 0.125% per annum on the average daily amount of the LC Exposure (excluding
any portion thereof attributable to unreimbursed LC Disbursements) during the
Availability Period (or until the date that such Letter of Credit is irrevocably
cancelled, whichever is later), as well as the Issuing Bank's standard fees with
respect to issuance, amendment, renewal or extension of any Letter of Credit or
processing of drawings thereunder. For purposes of the foregoing, the Existing
Letters of Credit shall be deemed to have been issued by the Issuing Bank under
this Agreement on the Closing Date, and the Borrower agrees to pay all such
letter of credit fees and fronting fees in respect of such Existing Letters of
Credit on the dates set forth above. Notwithstanding the foregoing, if the
Required Lenders elect to increase the interest rate on the Loans to the Default
Interest pursuant to Section 2.13(c), the rate per annum used to calculate the
letter of credit fee pursuant to clause (i) above shall automatically be
increased by an additional 2% per annum.

          (d) The Borrower shall pay to the Administrative Agent, for the
ratable benefit of each Lender, the upfront closing fees previously agreed upon
by the Borrower and the Administrative Agent, which shall be due and payable on
the Closing Date.

                                      -29-

<PAGE>

          (e) Accrued fees (other than the closing fee referenced in paragraph
(d)) shall be payable quarterly in arrears on the last day of each March, June,
September and December, commencing on December 31, 2005 and on the Revolving
Commitment Termination Date (and if later, the date the Loans and LC Exposure
shall be repaid in their entirety).

          SECTION 2.15. COMPUTATION OF INTEREST AND FEES. All computations of
interest and fees hereunder shall be made on the basis of a year of 360 days for
the actual number of days (including the first day but excluding the last day)
occurring in the period for which such interest or fees are payable (to the
extent computed on the basis of days elapsed). Each determination by the
Administrative Agent of an interest amount or fee hereunder shall be made in
good faith and, except for manifest error, shall be final, conclusive and
binding for all purposes.

          SECTION 2.16. INABILITY TO DETERMINE INTEREST RATES. If prior to the
commencement of any Interest Period for any Eurodollar Borrowing,

          (i) the Administrative Agent shall have determined (which
     determination shall be conclusive and binding upon the Borrower) that, by
     reason of circumstances affecting the relevant interbank market, adequate
     means do not exist for ascertaining LIBOR for such Interest Period, or

          (ii) the Administrative Agent shall have received notice from the
     Required Lenders that the Adjusted LIBO Rate does not adequately and fairly
     reflect the cost to such Lenders (or Lender, as the case may be) of making,
     funding or maintaining their (or its, as the case may be) Eurodollar Loans
     for such Interest Period, the Administrative Agent shall give written
     notice (or telephonic notice, promptly confirmed in writing) to the
     Borrower and to the Lenders as soon as practicable thereafter. In the case
     of Eurodollar Loans, until the Administrative Agent shall notify the
     Borrower and the Lenders that the circumstances giving rise to such notice
     no longer exist, (i) the obligations of the Lenders to make Eurodollar
     Revolving Loans or to continue or convert outstanding Loans as or into
     Eurodollar Loans shall be suspended and (ii) all such affected Loans shall
     be converted into Base Rate Loans on the last day of the then current
     Interest Period applicable thereto unless the Borrower prepays such Loans
     in accordance with this Agreement. Unless the Borrower notifies the
     Administrative Agent at least one Business Day before the date of any
     Eurodollar Revolving Borrowing for which a Notice of Revolving Borrowing
     has previously been given that it elects not to borrow on such date, then
     such Revolving Borrowing shall be made as a Base Rate Borrowing.

          SECTION 2.17. ILLEGALITY. If any Change in Law shall make it unlawful
or impossible for any Lender to make, maintain or fund any Eurodollar Loan and
such Lender shall so notify the Administrative Agent, the Administrative Agent
shall promptly give notice thereof to the Borrower and the other Lenders,
whereupon until such Lender notifies the Administrative Agent and the Borrower
that the circumstances giving rise to such suspension no longer exist, the
obligation of such Lender to make Eurodollar Revolving Loans, or to continue or
convert outstanding Loans as or into Eurodollar Loans, shall be suspended. In
the case of the making of a Eurodollar Revolving Borrowing, such Lender's
Revolving Loan shall be made as a Base Rate Loan as part of the same Revolving
Borrowing for the same Interest Period and if the affected Eurodollar Loan is
then outstanding, such Loan shall be converted to a Base Rate Loan either (i)

                                      -30-

<PAGE>

on the last day of the then current Interest Period applicable to such
Eurodollar Loan if such Lender may lawfully continue to maintain such Loan to
such date or (ii) immediately if such Lender shall determine that it may not
lawfully continue to maintain such Eurodollar Loan to such date. Notwithstanding
the foregoing, the affected Lender shall, prior to giving such notice to the
Administrative Agent, designate a different Applicable Lending Office if such
designation would avoid the need for giving such notice and if such designation
would not otherwise be disadvantageous to such Lender in the good faith exercise
of its discretion.

          SECTION 2.18. INCREASED COSTS.

          (a) If any Change in Law shall:

          (i) impose, modify or deem applicable any reserve, special deposit or
     similar requirement that is not otherwise included in the determination of
     the Adjusted LIBO Rate hereunder against assets of, deposits with or for
     the account of, or credit extended by, any Lender (except any such reserve
     requirement reflected in the Adjusted LIBO Rate) or the Issuing Bank; or

          (ii) impose on any Lender or on the Issuing Bank or the eurodollar
     interbank market any other condition affecting this Agreement or any
     Eurodollar Loans made by such Lender or any Letter of Credit or any
     participation therein;

and the result of either of the foregoing is to increase the cost to such Lender
of making, converting into, continuing or maintaining a Eurodollar Loan or to
increase the cost to such Lender or the Issuing Bank of participating in or
issuing any Letter of Credit or to reduce the amount received or receivable by
such Lender or the Issuing Bank hereunder (whether of principal, interest or any
other amount), then the Borrower shall promptly pay, upon written notice from
and demand by such Lender on the Borrower (with a copy of such notice and demand
to the Administrative Agent), to the Administrative Agent for the account of
such Lender, within five Business Days after the date of such notice and demand,
additional amount or amounts sufficient to compensate such Lender or the Issuing
Bank, as the case may be, for such additional costs incurred or reduction
suffered.

          (b) If any Lender or the Issuing Bank shall have determined that on or
after the date of this Agreement any Change in Law regarding capital
requirements has or would have the effect of reducing the rate of return on such
Lender's or the Issuing Bank's capital (or on the capital of such Lender's or
the Issuing Bank's parent corporation) as a consequence of its obligations
hereunder or under or in respect of any Letter of Credit to a level below that
which such Lender or the Issuing Bank or such Lender's or the Issuing Bank's
parent corporation could have achieved but for such Change in Law (taking into
consideration such Lender's or the Issuing Bank's policies or the policies of
such Lender's or the Issuing Bank's parent corporation with respect to capital
adequacy) then, from time to time, within five (5) Business Days after receipt
by the Borrower of written demand by such Lender (with a copy thereof to the
Administrative Agent), the Borrower shall pay to such Lender such additional
amounts as will compensate such Lender or the Issuing Bank or such Lender's or
the Issuing Bank's parent corporation for any such reduction suffered.

                                      -31-

<PAGE>

          (c) A certificate of a Lender or the Issuing Bank setting forth the
amount or amounts necessary to compensate such Lender or the Issuing Bank or
such Lender's or the Issuing Bank's parent corporation, as the case may be,
specified in paragraph (a) or (b) of this Section shall be delivered to the
Borrower (with a copy to the Administrative Agent) and shall be conclusive,
absent manifest error. The Borrower shall pay any such Lender or the Issuing
Bank, as the case may be, such amount or amounts within 10 days after receipt
thereof.

          (d) Failure or delay on the part of any Lender or the Issuing Bank to
demand compensation pursuant to this Section shall not constitute a waiver of
such Lender's or the Issuing Bank's right to demand such compensation.

          SECTION 2.19. FUNDING INDEMNITY. In the event of (a) the payment of
any principal of a Eurodollar Loan other than on the last day of the Interest
Period applicable thereto (including as a result of an Event of Default), (b)
the conversion or continuation of a Eurodollar Loan other than on the last day
of the Interest Period applicable thereto, or (c) the failure by the Borrower to
borrow, prepay, convert or continue any Eurodollar Loan on the date specified in
any applicable notice (regardless of whether such notice is withdrawn or
revoked), then, in any such event, the Borrower shall compensate each Lender,
within five (5) Business Days after written demand from such Lender, for any
loss, cost or expense attributable to such event. In the case of a Eurodollar
Loan, such loss, cost or expense shall be deemed to include an amount determined
by such Lender to be the excess, if any, of (A) the amount of interest that
would have accrued on the principal amount of such Eurodollar Loan if such event
had not occurred at the Adjusted LIBO Rate applicable to such Eurodollar Loan
for the period from the date of such event to the last day of the then current
Interest Period therefor (or in the case of a failure to borrow, convert or
continue, for the period that would have been the Interest Period for such
Eurodollar Loan) over (B) the amount of interest that would accrue on the
principal amount of such Eurodollar Loan for the same period if the Adjusted
LIBO Rate were set on the date such Eurodollar Loan was prepaid or converted or
the date on which the Borrower failed to borrow, convert or continue such
Eurodollar Loan. A certificate as to any additional amount payable under this
Section submitted to the Borrower by any Lender (with a copy to the
Administrative Agent) shall be conclusive, absent manifest error.

          SECTION 2.20. TAXES.

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

          (b) In addition, the Borrower shall pay any Other Taxes to the
relevant Governmental Authority in accordance with applicable law.

                                      -32-

<PAGE>

          (c) The Borrower shall indemnify the Administrative Agent, each Lender
and the Issuing Bank, within five (5) Business Days after written demand
therefor, for the full amount of any Indemnified Taxes or Other Taxes paid by
the Administrative Agent, such Lender or the Issuing Bank, as the case may be,
on or with respect to any payment by or on account of any obligation of the
Borrower hereunder (including Indemnified Taxes or Other Taxes imposed or
asserted on or attributable to amounts payable under this Section) and any
penalties, interest and reasonable expenses arising therefrom or with respect
thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or
legally imposed or asserted by the relevant Governmental Authority. A
certificate as to the amount of such payment or liability delivered to the
Borrower by a Lender or the Issuing Bank, or by the Administrative Agent on its
own behalf or on behalf of a Lender or the Issuing Bank, shall be conclusive
absent manifest error.

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

          (e) Any Foreign Lender that is entitled to an exemption from or
reduction of withholding tax under the Code or any treaty to which the United
States is a party, with respect to payments under this Agreement shall deliver
to the Borrower (with a copy to the Administrative Agent), at the time or times
prescribed by applicable law, such properly completed and executed documentation
prescribed by applicable law or reasonably requested by the Borrower as will
permit such payments to be made without withholding or at a reduced rate.
Without limiting the generality of the foregoing, each Foreign Lender agrees
that it will deliver to the Administrative Agent and the Borrower (or in the
case of a Participant, to the Lender from which the related participation shall
have been purchased), as appropriate, two (2) duly completed copies of (i)
Internal Revenue Service Form W-8 ECI, or any successor form thereto, certifying
that the payments received from the Borrower hereunder are effectively connected
with such Foreign Lender's conduct of a trade or business in the United States;
or (ii) Internal Revenue Service Form W-8 BEN, or any successor form thereto,
certifying that such Foreign Lender is entitled to benefits under an income tax
treaty to which the United States is a party which reduces the rate of
withholding tax on payments of interest; or (iii) Internal Revenue Service Form
W-8 BEN, or any successor form prescribed by the Internal Revenue Service,
together with a certificate (A) establishing that the payment to the Foreign
Lender qualifies as "portfolio interest" exempt from U.S. withholding tax under
Code section 871(h) or 881(c), and (B) stating that (1) the Foreign Lender is
not a bank for purposes of Code section 881(c)(3)(A), or the obligation of the
Borrower hereunder is not, with respect to such Foreign Lender, a loan agreement
entered into in the ordinary course of its trade or business, within the meaning
of that section; (2) the Foreign Lender is not a 10% shareholder of the Borrower
within the meaning of Code section 871(h)(3) or 881(c)(3)(B); and (3) the
Foreign Lender is not a controlled foreign corporation that is related to the
Borrower within the meaning of Code section 881(c)(3)(C); or (iv) such other
Internal Revenue Service forms as may be applicable to the Foreign Lender,
including Forms W-8 IMY or W-8 EXP. Each such Foreign Lender shall deliver to
the Borrower and the Administrative Agent such forms on or before the date that
it becomes a party to this Agreement (or in the case of a Participant, on or
before the date such Participant purchases the related participation). In
addition, each such Foreign Lender shall deliver such

                                      -33-

<PAGE>

forms promptly upon the obsolescence or invalidity of any form previously
delivered by such Foreign Lender. Each such Foreign Lender shall promptly notify
the Borrower and the Administrative Agent at any time that it determines that it
is no longer in a position to provide any previously delivered certificate to
the Borrower (or any other form of certification adopted by the Internal Revenue
Service for such purpose).

          SECTION 2.21. PAYMENTS GENERALLY; PRO RATA TREATMENT; SHARING OF
SET-OFFS.

          (a) The Borrower shall make each payment required to be made by it
hereunder (whether of principal, interest, fees or reimbursement of LC
Disbursements, or of amounts payable under Sections 2.18, 2.19 or 2.20, or
otherwise) prior to 1:00 p.m. (New York time), on the date when due, in
immediately available funds, free and clear of any defenses, rights of set-off,
counterclaim, or withholding or deduction of taxes. Any amounts received after
such time on any date may, in the discretion of the Administrative Agent, be
deemed to have been received on the next succeeding Business Day for purposes of
calculating interest thereon. All such payments shall be made to the
Administrative Agent at the Payment Office, except payments to be made directly
to the Issuing Bank or Swingline Lender as expressly provided herein and except
that payments pursuant to Sections 2.18, 2.19 and 2.20 and 10.3 shall be made
directly to the Persons entitled thereto. The Administrative Agent shall
distribute any such payments received by it for the account of any other Person
to the appropriate recipient promptly following receipt thereof. If any payment
hereunder shall be due on a day that is not a Business Day, the date for payment
shall be extended to the next succeeding Business Day, and, in the case of any
payment accruing interest, interest thereon shall be made payable for the period
of such extension. All payments hereunder shall be made in Dollars.

          (b) If at any time insufficient funds are received by and available to
the Administrative Agent to pay fully all amounts of principal, unreimbursed LC
Disbursements, interest and fees then due hereunder, such funds shall be applied
(i) first, towards payment of interest and fees then due hereunder, ratably
among the parties entitled thereto in accordance with the amounts of interest
and fees then due to such parties, and (ii) second, towards payment of principal
and unreimbursed LC Disbursements then due hereunder, ratably among the parties
entitled thereto in accordance with the amounts of principal and unreimbursed LC
Disbursements then due to such parties.

          (c) If any Lender shall, by exercising any right of set-off or
counterclaim or otherwise, obtain payment in respect of any principal of or
interest on any of its Revolving Loans or participations in LC Disbursements or
Swingline Loans that would result in such Lender receiving payment of a greater
proportion of the aggregate amount of its Revolving Loans and participations in
LC Disbursements and Swingline Loans and accrued interest thereon than the
proportion received by any other Lender, then the Lender receiving such greater
proportion (each a "Purchasing Lender") shall purchase (for cash at face value)
participations in the Revolving Loans and participations in LC Disbursements and
Swingline Loans of other Lenders to the extent necessary so that the benefit of
all such payments shall be shared by the Lenders ratably in accordance with the
aggregate amount of principal of and accrued interest on their respective
Revolving Loans and participations in LC Disbursements and Swingline Loans;
provided, that (i) if any such participations are purchased and all or any
portion of the payment giving rise thereto is recovered or the Purchasing Lender
is otherwise required to return or restore any such

                                      -34-

<PAGE>

payment, such participations shall be rescinded and each other Lender shall,
promptly after request from the Administrative Agent or the Purchasing Lender,
return to the Purchasing Lender the purchase price for such participation to the
extent of such recovery or the amount otherwise returned or restored by the
Purchasing Lender, without interest, and (ii) the provisions of this paragraph
shall not be construed to apply to any payment made by the Borrower pursuant to
and in accordance with the express terms of this Agreement or any payment
obtained by a Lender as consideration for the assignment of or sale of a
participation in any of its Loans or participations in LC Disbursements or
Swingline Loans to any assignee or participant, other than to the Borrower or
any Subsidiary or Affiliate thereof (as to which the provisions of this
paragraph shall apply). The Borrower consents to the foregoing and agrees, to
the extent it may effectively do so under applicable law, that any Lender
acquiring a participation pursuant to the foregoing arrangements may exercise
against the Borrower rights of set-off and counterclaim with respect to such
participation as fully as if such Lender were a direct creditor of the Borrower
in the amount of such participation.

          (d) Unless the Administrative Agent shall have received notice from
the Borrower prior to the date on which any payment is due to the Administrative
Agent for the account of the Lenders or the Issuing Bank hereunder that the
Borrower will not make such payment, the Administrative Agent may assume that
the Borrower has made such payment on such date in accordance herewith and may,
in reliance upon such assumption, distribute to the Lenders or the Issuing Bank,
as the case may be, the amount or amounts due. In such event, if the Borrower
has not in fact made such payment, then each of the Lenders or the Issuing Bank,
as the case may be, severally agrees to repay to the Administrative Agent
forthwith on demand the amount so distributed to such Lender or Issuing Bank
with interest thereon, for each day from and including the date such amount is
distributed to it to but excluding the date of payment to the Administrative
Agent, at the greater of the Federal Funds Effective Rate and a rate determined
by the Administrative Agent in accordance with banking industry rules on
interbank compensation.

          (e) If any Lender shall fail to make any payment required to be made
by it pursuant to Section 2.6(b), 2.23(c) or (d), 2.7(b), 2.21(c) or (d) or
10.3(d), then the Administrative Agent may, in its discretion (notwithstanding
any contrary provision hereof), apply any amounts thereafter received by the
Administrative Agent for the account of such Lender to satisfy such Lender's
obligations under such Sections until all such unsatisfied obligations are fully
paid.

          SECTION 2.22. MITIGATION OF OBLIGATIONS. If any Lender requests
compensation under Section 2.18, or if the Borrower is required to pay any
additional amount to any Lender or any Governmental Authority for the account of
any Lender pursuant to Section 2.20, then such Lender shall use reasonable
efforts to designate a different lending office for funding or booking its Loans
hereunder or to assign its rights and obligations hereunder to another of its
offices, branches or affiliates, if, in the sole judgment of such Lender, such
designation or assignment (i) would eliminate or reduce amounts payable under
Section 2.18 or Section 2.20, as the case may be, in the future and (ii) would
not subject such Lender to any unreimbursed cost or expense and would not
otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay
all costs and expenses incurred by any Lender in connection with such
designation or assignment.

                                      -35-

<PAGE>

          SECTION 2.23. LETTERS OF CREDIT.

          (a) During the Availability Period, the Issuing Bank, in reliance upon
the agreements of the other Lenders pursuant to Section 2.23(d), agrees to
issue, at the request of the Borrower, Letters of Credit for the account of the
Borrower on the terms and conditions hereinafter set forth; provided, that (i)
each Letter of Credit shall expire on the earlier of (A) the date one year after
the date of issuance of such Letter of Credit (or in the case of any renewal or
extension thereof, one year after such renewal or extension) and (B) the date
that is five (5) Business Days prior to the Revolving Commitment Termination
Date and (ii) the Borrower may not request any Letter of Credit, if, after
giving effect to such issuance (A) the aggregate LC Exposure would exceed the LC
Commitment or (B) the aggregate LC Exposure, plus the aggregate outstanding
Revolving Loans and Swingline Loans of all Lenders would exceed the Aggregate
Revolving Commitment Amount. Upon the issuance of each Letter of Credit each
Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to,
purchase from the Issuing Bank without recourse a participation in such Letter
of Credit equal to such Lender's Pro Rata Share of the aggregate amount
available to be drawn under such Letter of Credit. Each issuance of a Letter of
Credit shall be deemed to utilize the Revolving Commitment of each Lender by an
amount equal to the amount of such participation.

          (b) To request the issuance of a Letter of Credit (or any amendment,
renewal or extension of an outstanding Letter of Credit), the Borrower shall
give the Issuing Bank and the Administrative Agent irrevocable written notice at
least three (3) Business Days prior to the requested date of such issuance
specifying the date (which shall be a Business Day) such Letter of Credit is to
be issued (or amended, extended or renewed, as the case may be), the expiration
date of such Letter of Credit, the amount of such Letter of Credit, the name
and address of the beneficiary thereof and such other information as shall be
necessary to prepare, amend, renew or extend such Letter of Credit. In addition
to the satisfaction of the conditions in Article III, the issuance of such
Letter of Credit (or any amendment which increases the amount of such Letter of
Credit) will be subject to the further conditions that such Letter of Credit
shall be in such form and contain such terms as the Issuing Bank shall approve
and that the Borrower shall have executed and delivered any additional
applications, agreements and instruments relating to such Letter of Credit as
the Issuing Bank shall reasonably require; provided, that in the event of any
conflict between such applications, agreements or instruments and this
Agreement, the terms of this Agreement shall control.

          (c) At least two Business Days prior to the issuance of any Letter of
Credit, the Issuing Bank will confirm with the Administrative Agent (by
telephone or in writing) that the Administrative Agent has received such notice
and if not, the Issuing Bank will provide the Administrative Agent with a copy
thereof. Unless the Issuing Bank has received notice from the Administrative
Agent on or before the Business Day immediately preceding the date the Issuing
Bank is to issue the requested Letter of Credit (1) directing the Issuing Bank
not to issue the Letter of Credit because such issuance is not then permitted
hereunder because of the limitations set forth in Section 2.23(a) or that one or
more conditions specified in Article III are not then satisfied, then, subject
to the terms and conditions hereof, the Issuing Bank shall, on the requested
date, issue such Letter of Credit in accordance with the Issuing Bank's usual
and customary business practices. Within five (5) Business Days of issuing such
Letter of Credit in

                                      -36-

<PAGE>

accordance herewith, the Issuing Bank shall advise each Lender of the issuance
and amount of such Letter of Credit.

          (d) The Issuing Bank shall examine all documents purporting to
represent a demand for payment under a Letter of Credit promptly following its
receipt thereof. The Issuing Bank shall notify the Borrower and the
Administrative Agent of such demand for payment and whether the Issuing Bank has
made or will make a LC Disbursement thereunder; provided, that any failure to
give or delay in giving such notice shall not relieve the Borrower of its
obligation to reimburse the Issuing Bank and the Lenders with respect to such LC
Disbursement. The Borrower shall be irrevocably and unconditionally obligated to
reimburse the Issuing Bank for any LC Disbursements paid by the Issuing Bank in
respect of such drawing, without presentment, demand or other formalities of any
kind. Unless the Borrower shall have notified the Issuing Bank and the
Administrative Agent prior to 11:00 a.m. (New York time) on the Business Day
immediately prior to the date on which such drawing is honored that the Borrower
intends to reimburse the Issuing Bank for the amount of such drawing in funds
other than from the proceeds of Revolving Loans, the Borrower shall be deemed to
have timely given a Notice of Revolving Borrowing to the Administrative Agent
requesting the Lenders to make a Base Rate Borrowing on the date on which such
drawing is honored in an exact amount due to the Issuing Bank; provided, that
for purposes solely of such Borrowing, the conditions precedents set forth in
Section 3.2 hereof shall not be applicable. The Administrative Agent shall
notify the Lenders of such Borrowing in accordance with Section 2.3, and each
Lender shall make the proceeds of its Base Rate Loan included in such Borrowing
available to the Administrative Agent for the account of the Issuing Bank in
accordance with Section 2.7. The proceeds of such Borrowing shall be applied
directly by the Administrative Agent to reimburse the Issuing Bank for such LC
Disbursement.

          (e) If for any reason a Base Rate Borrowing may not be (as determined
in the sole discretion of the Administrative Agent), or is not, made in
accordance with the foregoing provisions, then each Lender (other than the
Issuing Bank) shall be obligated to fund the participation that such Lender
purchased pursuant to subsection (a) in an amount equal to its Pro Rata Share of
such LC Disbursement on and as of the date which such Base Rate Borrowing should
have occurred. Each Lender's obligation to fund its participation shall be
absolute and unconditional and shall not be affected by any circumstance,
including without limitation (i) any setoff, counterclaim, recoupment, defense
or other right that such Lender or any other Person may have against the Issuing
Bank or any other Person for any reason whatsoever, (ii) the existence of a
Default or an Event of Default or the termination of the Aggregate Revolving
Commitments, (iii) any adverse change in the condition (financial or otherwise)
of the Borrower or any of its Subsidiaries, (iv) any breach of this Agreement by
the Borrower or any other Lender, (v) any amendment, renewal or extension of any
Letter of Credit or (vi) any other circumstance, happening or event whatsoever,
whether or not similar to any of the foregoing. On the date that such
participation is required to be funded, each Lender shall promptly transfer, in
immediately available funds, the amount of its participation to the
Administrative Agent for the account of the Issuing Bank. Whenever, at any time
after the Issuing Bank has received from any such Lender the funds for its
participation in a LC Disbursement, the Issuing Bank (or the Administrative
Agent on its behalf) receives any payment on account thereof, the Administrative
Agent or the Issuing Bank, as the case may be, will distribute to such Lender
its Pro Rata Share of such payment; provided, that if such payment is required
to be returned for any reason to the

                                      -37-

<PAGE>

Borrower or to a trustee, receiver, liquidator, custodian or similar official in
any bankruptcy proceeding, such Lender will return to the Administrative Agent
or the Issuing Bank any portion thereof previously distributed by the
Administrative Agent or the Issuing Bank to it.

          (f) To the extent that any Lender shall fail to pay any amount
required to be paid pursuant to paragraphs (d) or (e) of this Section on the due
date therefor, such Lender shall pay interest to the Issuing Bank (through the
Administrative Agent) on such amount from such due date to the date such payment
is made at a rate per annum equal to the Federal Funds Rate; provided, that if
such Lender shall fail to make such payment to the Issuing Bank within three (3)
Business Days of such due date, then, retroactively to the due date, such Lender
shall be obligated to pay interest on such amount at the rate set forth in
Section 2.13(c).

          (g) If any Event of Default shall occur and be continuing, on the
Business Day that the Borrower receives notice from the Administrative Agent or
the Required Lenders demanding the deposit of cash collateral pursuant to this
paragraph, the Borrower shall deposit in an account with the Administrative
Agent, in the name of the Administrative Agent and for the benefit of the
Issuing Bank and the Lenders, an amount in cash equal to the LC Exposure as of
such date plus any accrued and unpaid fees thereon; provided, that the
obligation to deposit such cash collateral shall become effective immediately,
and such deposit shall become immediately due and payable, without demand or
notice of any kind, upon the occurrence of any Event of Default with respect to
the Borrower described in clause (g) or (h) of Section 8.1. Such deposit shall
be held by the Administrative Agent as collateral for the payment and
performance of the obligations of the Borrower under this Agreement. The
Administrative Agent shall have exclusive dominion and control, including the
exclusive right of withdrawal, over such account. Borrower agrees to execute any
documents and/or certificates to effectuate the intent of this paragraph. Other
than any interest earned on the investment of such deposits, which investments
shall be made at the option and sole discretion of the Administrative Agent and
at the Borrower's risk and expense, such deposits shall not bear interest.
Interest and profits, if any, on such investments shall accumulate in such
account. Moneys in such account shall be applied by the Administrative Agent to
reimburse the Issuing Bank for LC Disbursements for which it had not been
reimbursed and to the extent so applied, shall be held for the satisfaction of
the reimbursement obligations of the Borrower for the LC Exposure at such time
or, if the maturity of the Loans has been accelerated, with the consent of the
Required Lenders, be applied to satisfy other obligations of the Borrower under
this Agreement and the other Loan Documents. If the Borrower is required to
provide an amount of cash collateral hereunder as a result of the occurrence of
an Event of Default, such amount (to the extent not so applied as aforesaid)
shall be returned to the Borrower within three Business Days after all Events of
Default have been cured or waived.

          (h) The Borrower's obligation to reimburse LC Disbursements hereunder
shall be absolute, unconditional and irrevocable and shall be performed strictly
in accordance with the terms of this Agreement under all circumstances
whatsoever and irrespective of any of the following circumstances:

          (i) Any lack of validity or enforceability of any Letter of Credit or
     this Agreement;

                                      -38-

<PAGE>

          (ii) The existence of any claim, set-off, defense or other right which
     the Borrower or any Subsidiary or Affiliate of the Borrower may have at any
     time against a beneficiary or any transferee of any Letter of Credit (or
     any Persons or entities for whom any such beneficiary or transferee may be
     acting), any Lender (including the Issuing Bank) or any other Person,
     whether in connection with this Agreement or the Letter of Credit or any
     document related hereto or thereto or any unrelated transaction;

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

          (iv) Payment by the Issuing Bank under a Letter of Credit against
     presentation of a draft or other document to the Issuing Bank that does not
     comply with the terms of such Letter of Credit;

          (v) Any other event or circumstance whatsoever, whether or not similar
     to any of the foregoing, that might, but for the provisions of this
     Section, constitute a legal or equitable discharge of, or provide a right
     of setoff against, the Borrower's obligations hereunder; or

          (vi) The existence of a Default or an Event of Default.

Neither the Administrative Agent, the Issuing Bank, the Lenders nor any Related
Party of any of the foregoing shall have any liability or responsibility by
reason of or in connection with the issuance or transfer of any Letter of Credit
or any payment or failure to make any payment thereunder (irrespective of any of
the circumstances referred to above), or any error, omission, interruption, loss
or delay in transmission or delivery of any draft, notice or other communication
under or relating to any Letter of Credit (including any document required to
make a drawing thereunder), any error in interpretation of technical terms or
any consequence arising from causes beyond the control of the Issuing Bank;
provided, that the foregoing shall not be construed to excuse the Issuing Bank
from liability to the Borrower to the extent of any actual direct damages (as
opposed to special, indirect (including claims for lost profits or other
consequential damages), or punitive damages, claims in respect of which are
hereby waived by the Borrower to the extent permitted by applicable law)
suffered by the Borrower that are caused by the Issuing Bank's failure to
exercise due care when determining whether drafts or other documents presented
under a Letter of Credit comply with the terms thereof. The parties hereto
expressly agree, that in the absence of gross negligence or willful misconduct
on the part of the Issuing Bank (as finally determined by a court of competent
jurisdiction), the Issuing Bank shall be deemed to have exercised due care in
each such determination. In furtherance of the foregoing and without limiting
the generality thereof, the parties agree that, with respect to documents
presented that appear on their face to be in substantial compliance with the
terms of a Letter of Credit, the Issuing Bank may, in its sole discretion,
either accept and make payment upon such documents without responsibility for
further investigation, regardless of any notice or information to the contrary,
or refuse to accept and make payment upon such documents if such documents are
not in strict compliance with the terms of such Letter of Credit.

                                      -39-

<PAGE>

          (i) Unless otherwise expressly agreed by the Issuing Bank and the
Borrower when a Letter of Credit is issued and subject to applicable laws,
performance under Letters of Credit by the Issuing Bank, its correspondents, and
the beneficiaries thereof will be governed by (i) either (x) the rules of the
"International Standby Practices 1998" (ISP98) (or such later revision as may be
published by the Institute of International Banking Law & Practice on any date
any Letter of Credit may be issued) or (y) the rules of the "Uniform Customs and
Practices for Documentary Credits" (1993 Revision), International Chamber of
Commerce Publication No. 500 (or such later revision as may be published by the
International Chamber of Commerce on any date any Letter of Credit may be
issued) and (ii) to the extent not inconsistent therewith, the governing law of
this Agreement set forth in Section 10.5.

          (j) The parties acknowledge and agree that, for all purposes of this
Agreement and the other Loan Documents, the Existing Letters of Credit shall be
deemed to be Letters of Credit hereunder to the same extent, and with the same
effect, as if such Existing Letters of Credit had been issued as Letters of
Credit pursuant to this Section on the Closing Date.

          SECTION 2.24. INCREASE OF COMMITMENTS; ADDITIONAL LENDERS.

          (a) So long as no Event of Default has occurred and is continuing,
from time to time after the Closing Date, Borrower may, upon at least 30 days'
written notice to the Administrative Agent (who shall promptly provide a copy of
such notice to each Lender), propose to increase the Aggregate Revolving
Commitments by an amount not to exceed $200,000,000 (the amount of any such
increase, the "Additional Commitment Amount"). Each Lender shall have the right
for a period of 15 days following receipt of such notice, to elect by written
notice to the Borrower and the Administrative Agent to increase its Revolving
Commitment by a principal amount equal to its Pro Rata Share of the Additional
Commitment Amount. No Lender (or any successor thereto) shall have any
obligation to increase its Revolving Commitment or its other obligations under
this Agreement and the other Loan Documents, and any decision by a Lender to
increase its Revolving Commitment shall be made in its sole discretion
independently from any other Lender.

          (b) If any Lender shall not elect to increase its Revolving Commitment
pursuant to subsection (a) of this Section, the Borrower may designate another
bank or other financial institution (which may be, but need not be, one or more
of the existing Lenders) which at the time agrees to, in the case of any such
Person that is an existing Lender, increase its Revolving Commitment and in the
case of any other such Person (an "Additional Lender"), become a party to this
Agreement; provided, however, that any new bank or financial institution must be
acceptable to the Administrative Agent, which acceptance will not be
unreasonably withheld or delayed. The sum of the increases in the Revolving
Commitments of the existing Lenders pursuant to this subsection (b) plus the
Revolving Commitments of the Additional Lenders shall not in the aggregate
exceed the unsubscribed amount of the Additional Commitment Amount.

          (c) An increase in the aggregate amount of the Revolving Commitments
pursuant to this Section shall become effective upon the receipt by the
Administrative Agent of an supplement or joinder in form and substance
satisfactory to the Administrative Agent executed by the Borrower, by each
Additional Lender and by each other Lender whose Revolving Commitment is to be
increased, setting forth the new Revolving Commitments of such Lenders

                                      -40-

<PAGE>

and setting forth the agreement of each Additional Lender to become a party to
this Agreement and to be bound by all the terms and provisions hereof, together
with Notes evidencing such increase in the Commitments, and such evidence of
appropriate corporate authorization on the part of the Borrower with respect to
the increase in the Revolving Commitments and such opinions of counsel for the
Borrower with respect to the increase in the Revolving Commitments as the
Administrative Agent may reasonably request.

          (d) Upon the acceptance of any such supplement or joinder by the
Administrative Agent, the Aggregate Revolving Commitment Amount shall
automatically be increased by the amount of the Revolving Commitments added
through such supplement or joinder and Annex I shall automatically be deemed
amended to reflect the Revolving Commitments of all Lenders after giving effect
to the addition of such Revolving Commitments.

          (e) Upon any increase in the aggregate amount of the Revolving
Commitments pursuant to this Section that is not pro rata among all Lenders, (x)
within five Business Days, in the case of any Base Rate Loans then outstanding,
and at the end of the then current Interest Period with respect thereto, in the
case of any Eurodollar Loans then outstanding, the Borrower shall prepay such
Loans in their entirety and, to the extent the Borrower elects to do so and
subject to the conditions specified in Article III, the Borrower shall reborrow
Loans from the Lenders in proportion to their respective Revolving Commitments
after giving effect to such increase, until such time as all outstanding Loans
are held by the Lenders in proportion to their respective Commitments after
giving effect to such increase and (y) effective upon such increase, the amount
of the participations held by each Lender in each Letter of Credit then
outstanding shall be adjusted automatically such that, after giving effect to
such adjustments, the Lenders shall hold participations in each such Letter of
Credit in proportion to their respective Revolving Commitments.

          SECTION 2.25. REPLACEMENT OF LENDERS. If any Lender requests
compensation under Section 2.18, or if the Borrower is required to pay any
additional amount to any Lender or any Governmental Authority of the account of
any Lender pursuant to Section 2.20, or if any Lender defaults in its obligation
to fund Loans hereunder, then the Borrower may, at its sole expense and effort,
upon notice to such Lender and the Administrative Agent, require such Lender to
assign and delegate, without recourse (in accordance with and subject to the
restrictions set forth in Section 10.4(b) all its interests, rights and
obligations under this Agreement to an assignee that shall assume such
obligations (which assignee may be another Lender); provided, that (i) the
Borrower shall have received the prior written consent of the Administrative
Agent, which consent shall not be unreasonably withheld, (ii) such Lender shall
have received payment of an amount equal to the outstanding principal amount of
all Loans owed to it, accrued interest thereon, accrued fees and all other
amounts payable to it hereunder, from the assignee (in the case of such
outstanding principal and accrued interest) and from the Borrower (in the case
of all other amounts) and (iii) in the case of a claim for compensation under
Section 2.18 or payments required to be made pursuant to Section 2.20, such
assignment will result in a reduction in such compensation or payments. A Lender
shall not be required to make any such assignment and delegation if, prior
thereto, as a result of a waiver by such Lender or otherwise, the circumstances
entitling the Borrower to require such assignment and delegation cease to apply.

                                      -41-

<PAGE>

                                  ARTICLE III
               CONDITIONS PRECEDENT TO LOANS AND LETTERS OF CREDIT

          SECTION 3.1. CONDITIONS TO EFFECTIVENESS. This Agreement shall not
become effective, the Existing Credit Agreement shall remain in full force and
effect, Borrower shall not have any rights under this Agreement and
Administrative Agent and Lenders shall not be obligated to take, fulfill or
perform any action hereunder, until the following conditions have been fulfilled
to the satisfaction of Administrative Agent and Lenders (or waived in accordance
with Section 10.2)

          (a) The Administrative Agent shall have received all fees and other
amounts due and payable on or prior to the Closing Date, including reimbursement
or payment of all out-of-pocket expenses (including reasonable fees, charges and
disbursements of counsel to the Administrative Agent) required to be reimbursed
or paid by the Borrower hereunder, under any other Loan Document and under any
agreement with the Administrative Agent or SunTrust Capital Markets, Inc., as
Arranger.

          (b) The Administrative Agent (or its counsel) shall have received the
following:

          (i) a counterpart of this Agreement signed by or on behalf of each
     party hereto or written evidence satisfactory to the Administrative Agent
     (which may include telecopy transmission of a signed signature page of this
     Agreement) that such party has signed a counterpart of this Agreement;

          (ii) if requested by any Lender, duly executed Revolving Credit Notes
     payable to such Lender and the Swingline Note payable to the Swingline
     Lender;

          (iii) the duly executed Subsidiary Guaranty Agreement, the Holdings
     Guaranty Agreement and Indemnity and Contribution Agreement;

          (iv) a certificate of the Secretary or Assistant Secretary of each
     Loan Party, attaching and certifying copies of its bylaws and of the
     resolutions of its boards of directors, or partnership agreement or limited
     liability company agreement, or comparable organizational documents and
     authorizations, authorizing the execution, delivery and performance of the
     Loan Documents to which it is a party and certifying the name, title and
     true signature of each officer of such Loan Party executing the Loan
     Documents to which it is a party;

          (v) certified copies of the articles or certificate of incorporation,
     certificate of organization or limited partnership, or other registered
     organizational documents of each Loan Party, together with certificates of
     good standing or existence, as may be available from the Secretary of State
     of the jurisdiction of organization of such Loan Party and each other
     jurisdiction where such Loan Party is required to be qualified to do
     business as a foreign corporation;

                                      -42-

<PAGE>

          (vi) a favorable written opinion of Snell & Wilmer, L.L.P., counsel to
     the Loan Parties, addressed to the Administrative Agent and each of the
     Lenders, and covering such matters relating to the Loan Parties, the Loan
     Documents and the transactions contemplated therein as the Administrative
     Agent or the Required Lenders shall reasonably request;

          (vii) a certificate, dated the Closing Date and signed by a
     Responsible Officer, confirming compliance with the conditions set forth in
     paragraphs (a), (b) and (c) of Section 3.2;

          (viii) a duly executed Notice of Borrowing;

          (ix) a duly executed funds disbursement agreement;

          (x) certified copies of all consents, approvals, authorizations,
     registrations and filings and orders required or advisable to be made or
     obtained under any Requirement of Law, or by any Contractual Obligation of
     each Loan Party, in connection with the execution, delivery, performance,
     validity and enforceability of the Loan Documents or any of the
     transactions contemplated thereby, and such consents, approvals,
     authorizations, registrations, filings and orders shall be in full force
     and effect and all applicable waiting periods shall have expired, and no
     investigation or inquiry by any governmental authority regarding the
     Commitments or any transaction being financed with the proceeds thereof
     shall be ongoing;

          (xi) copies of (A) the internally prepared quarterly financial
     statements of Holdings and its Subsidiaries on a consolidated basis for the
     Fiscal Quarter ended September 30, 2005, and (B) the audited consolidated
     financial statements for Holdings and its Subsidiaries for the Fiscal Years
     ended December 31, 2002, December 31, 2003 and December 31, 2004; and

          (xii) certificates of insurance issued on behalf of insurers of the
     Borrower and all guarantors, describing in reasonable detail the types and
     amounts of insurance (property and liability) maintained by the Borrower
     and all guarantors, naming the Administrative Agent as additional insured.

          SECTION 3.2. EACH CREDIT EVENT. The obligation of each Lender to make
a Loan on the occasion of any Borrowing and of the Issuing Bank to issue, amend,
renew or extend any Letter of Credit is subject to the satisfaction of the
following conditions:

          (a) at the time of and immediately after giving effect to such
Borrowing or the issuance, amendment, renewal or extension of such Letter of
Credit, as applicable, no Default or Event of Default shall exist;

          (b) at the time of and immediately after giving effect to such
Borrowing or the issuance, amendment, renewal or extension of such Letter of
Credit, as applicable, all representations and warranties of each Loan Party set
forth in the Loan Documents shall be true and correct in all material respects
on and as of the date of such Borrowing or the date of

                                      -43-

<PAGE>

issuance, amendment, extension or renewal of such Letter of Credit, in each case
before and after giving effect thereto;

          (c) since the date of the financial statements of the Borrower
described in Section 4.4, there shall have been no change which has had or could
reasonably be expected to have a Material Adverse Effect;

          (d) the Borrower shall have delivered the required Notice of
Borrowing; and

          (e) the Administrative Agent shall have received such other documents,
certificates, information or legal opinions as the Administrative Agent or the
Required Lenders may reasonably request, all in form and substance reasonably
satisfactory to the Administrative Agent or the Required Lenders.

          Each Borrowing and each issuance, amendment, extension or renewal of
any Letter of Credit shall be deemed to constitute a representation and warranty
by the Borrower on the date thereof as to the matters specified in paragraphs
(a), (b) and (c) of this Section.

          SECTION 3.3. DELIVERY OF DOCUMENTS All of the Loan Documents,
certificates, legal opinions and other documents and papers referred to in this
Article III, unless otherwise specified, shall be delivered to the
Administrative Agent for the account of each of the Lenders and, except for the
Notes, in sufficient counterparts or copies for each of the Lenders and shall be
in form and substance satisfactory in all respects to the Administrative Agent.

          SECTION 3.4. EFFECTIVENESS OF THIS AGREEMENT. Upon this Agreement
becoming effective pursuant to Section 3.1:

          (a) the terms and conditions of the Existing Credit Agreement shall be
amended as set forth herein and, as so amended, shall be restated in their
entirety, but only with respect to the rights, duties and obligations between
Borrower, its Subsidiaries, Holdings, Lenders and Administrative Agent accruing
from and after the Closing Date;

          (b) this Agreement shall not in any way release or impair the rights,
duties or obligations created pursuant to the Existing Credit Agreement and any
other Loan Document (as defined in the Existing Credit Agreement) or affect the
relative priorities thereof, in each case to the extent in force and effect
thereunder as of the Closing Date and except as modified hereby or by documents,
instruments and agreements executed and delivered in connection herewith, and
all such rights, duties and obligations are assumed, ratified and affirmed by
Borrower, its Subsidiaries and Holdings;

          (c) all indemnification obligations of Borrower under the Existing
Credit Agreement and any other Loan Documents (as defined in the Existing Credit
Agreement) shall survive the execution and delivery of this Agreement and shall
continue in full force and effect for the benefit of Lenders and Administrative
Agent and any other Person indemnified under the Existing Credit Agreement or
any other Loan Document (as defined in the Existing Credit Agreement) at any
time prior to the Closing Date;

                                      -44-

<PAGE>

          (d) all Existing Loans shall be deemed to be Revolving Loans, the
Existing Loans shall not be deemed to be paid, released, discharged or otherwise
satisfied by the execution of this Agreement, and this Agreement shall not
constitute a refinancing, substitution or novation of such Existing Loans, or
any of the other rights, duties and obligations of the parties hereunder;

          (e) any and all references to the Existing Credit Agreement
(including, without limitation, in the Holdings Guaranty Agreement, the
Subsidiary Guaranty Agreement, the Indemnity and Contribution Agreement and all
other Loan Documents) shall, without further action of the parties, be deemed a
reference to the Existing Credit Agreement, as amended and restated by this
Agreement, and as this Agreement may be further amended and restated from time
to time hereafter; and

          (f) the interest and fees accrued under the Existing Credit Agreement
shall be due and payable on the Closing Date to SunTrust Bank, in its capacity
as administrative agent under the Existing Credit Agreement and on behalf of the
Existing Lenders (and not shared pro rata with any other Lenders in their
capacity as a Lender under this Agreement after the Closing Date).

                                   ARTICLE IV
                         REPRESENTATIONS AND WARRANTIES

          Each of Holdings and the Borrower represents and warrants to the
Administrative Agent and each Lender as follows:

          SECTION 4.1. EXISTENCE; POWER. Each of Holdings, Borrower and its
Subsidiaries (i) is duly organized, validly existing and in good standing as a
corporation, partnership or limited liability company under the laws of the
jurisdiction of its organization, (ii) has all requisite power and authority to
carry on its business as now conducted, and (iii) is duly qualified to do
business, and is in good standing, in each jurisdiction where such qualification
is required, except where a failure to be so qualified could not reasonably be
expected to result in a Material Adverse Effect.

          SECTION 4.2. ORGANIZATIONAL POWER; AUTHORIZATION. The execution,
delivery and performance by each Loan Party of the Loan Documents to which it is
a party are within such Loan Party's organizational powers and have been duly
authorized by all necessary organizational, and if required, shareholder,
partner or member, action. This Agreement has been duly executed and delivered
by the Borrower, and constitutes, and each other Loan Document to which any Loan
Party is a party, when executed and delivered by such Loan Party, will
constitute, valid and binding obligations of the Borrower or such Loan Party (as
the case may be), enforceable against it in accordance with their respective
terms, except as may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium, or similar laws affecting the enforcement of
creditors' rights generally and by general principles of equity.

                                      -45-

<PAGE>

          SECTION 4.3. GOVERNMENTAL APPROVALS; NO CONFLICTS. The execution,
delivery and performance by the Borrower and Holdings of this Agreement, and by
each Loan Party of the other Loan Documents to which it is a party (a) do not
require any consent or approval of, registration or filing with, or any action
by, any Governmental Authority, except those as have been obtained or made and
are in full force and effect, (b) will not violate any Requirements of Law
applicable to Holdings, Borrower or any of its Subsidiaries or any judgment,
order or ruling of any Governmental Authority, (c) will not violate or result in
a default under any indenture, material agreement or other material instrument
binding on any Loan Party or any of its Subsidiaries or any of its assets or
give rise to a right thereunder to require any payment to be made by any Loan
Party or any of its Subsidiaries and (d) will not result in the creation or
imposition of any Lien on any asset of any Loan Party or any of its
Subsidiaries, except Liens (if any) created under the Loan Documents.

          SECTION 4.4. FINANCIAL STATEMENTS. The Borrower has furnished to each
Lender (i) the audited consolidated balance sheet of Holdings and its
Subsidiaries as of December 31, 2004 and the related consolidated statements of
income, shareholders' equity and cash flows for the Fiscal Year then ended
prepared by KPMG LLP and (ii) the unaudited consolidated balance sheet of
Holdings and its Subsidiaries as of September 30, 2005, and the related
unaudited consolidated statements of income and cash flows for the Fiscal
Quarter and year-to-date period then ending, certified by a Responsible Officer.
Such financial statements fairly present the consolidated financial condition of
Holdings and its Subsidiaries as of such dates and the consolidated results of
operations for such periods in conformity with GAAP consistently applied,
subject to year end audit adjustments and the absence of footnotes in the case
of the statements referred to in clause (ii). Since December 31, 2004, there
have been no changes with respect to Holdings, the Borrower and its Subsidiaries
which have had or could reasonably be expected to have, singly or in the
aggregate, a Material Adverse Effect.

          SECTION 4.5. LITIGATION AND ENVIRONMENTAL MATTERS. (a) No litigation,
investigation or proceeding of or before any arbitrators or Governmental
Authorities is pending against or, to the knowledge of Holdings or the Borrower,
threatened against or affecting any Loan Party or any of its Subsidiaries (i) as
to which there is a reasonable possibility of an adverse determination that
could reasonably be expected to have, either individually or in the aggregate, a
Material Adverse Effect or (ii) which in any manner draws into question the
validity or enforceability of this Agreement or any other Loan Document.

          (b) Except for the matters set forth on Schedule 4.5, no Loan Party
nor any of its Subsidiaries (i) has failed to comply with any Environmental Law
or to obtain, maintain or comply with any permit, license or other approval
required under any Environmental Law, (ii) has become subject to any
Environmental Liability, (iii) has received notice of any claim with respect to
any Environmental Liability or (iv) knows of any basis for any Environmental
Liability, where any such event or circumstance described in clauses (i) through
(iv) above could reasonably be expected to have, either individually or in the
aggregate, a Material Adverse Effect.

          SECTION 4.6. COMPLIANCE WITH LAWS AND AGREEMENTS. Each Loan Party and
each of its Subsidiaries is in compliance with (a) all Requirements of Law and
all judgments, decrees and orders of any Governmental Authority and (b) all
indentures, agreements or other

                                      -46-

<PAGE>

instruments binding upon it or its properties, except where non-compliance,
either singly or in the aggregate, could not reasonably be expected to result in
a Material Adverse Effect.

          SECTION 4.7. INVESTMENT COMPANY ACT, ETC. Neither any Loan Party nor
any of its Subsidiaries is (a) an "investment company" or is "controlled" by an
"investment company", as such terms are defined in, or subject to regulation
under, the Investment Company Act of 1940, as amended, (b) a "holding company"
as defined in, or subject to regulation under, the Public Utility Holding
Company Act of 1935, as amended or (c) otherwise subject to any other regulatory
scheme limiting its ability to incur debt or requiring any approval or consent
from or registration or filing with, any Governmental Authority in connection
therewith.

          SECTION 4.8. TAXES. Each Loan Party and its Subsidiaries and each
other Person for whose taxes any Loan Party or any Subsidiary could become
liable have timely filed or caused to be filed all Federal income tax returns
and all other material tax returns that are required to be filed by them, and
have paid all taxes shown to be due and payable on such returns or on any
assessments made against it or its property and all other taxes, fees or other
charges imposed on it or any of its property by any Governmental Authority,
except where the same are currently being contested in good faith by appropriate
proceedings and for which Loan Parties or such Subsidiary, as the case may be,
has set aside on its books adequate reserves in accordance with GAAP. The
charges, accruals and reserves on the books of the Loan Parties and their
Subsidiaries in respect of such taxes are adequate, and no tax liabilities that
could be materially in excess of the amount so provided are anticipated.

          SECTION 4.9. MARGIN REGULATIONS. None of the proceeds of any of the
Loans or Letters of Credit will be used, directly or indirectly, for
"purchasing" or "carrying" any "margin stock" with the respective meanings of
each of such terms under Regulation U of the Board of Governors of the Federal
Reserve System as now and from time to time hereafter in effect or for any
purpose that violates the provisions of Regulation U. None of the Loan Parties
or their Subsidiaries is engaged principally, or as one of its important
activities, in the business of extending credit for the purpose of purchasing or
carrying "margin stock."

          SECTION 4.10. ERISA. No ERISA Event has occurred or is reasonably
expected to occur that, when taken together with all other such ERISA Events for
which liability is reasonably expected to occur, could reasonably be expected to
result in a Material Adverse Effect. The present value of all accumulated
benefit obligations under each Plan (based on the assumptions used for purposes
of Statement of Financial Standards No. 87) did not, as of the date of the most
recent financial statements reflecting such amounts, exceed by more than
$10,000,000 the fair market value of the assets of such Plan, and the present
value of all accumulated benefit obligations of all underfunded Plans (based on
the assumptions used for purposes of Statement of Financial Standards No. 87)
did not, as of the date of the most recent financial statements reflecting such
amounts, exceed by more than $10,000,000 the fair market value of the assets of
all such underfunded Plans.

          SECTION 4.11. OWNERSHIP OF PROPERTY.

          (a) Each of the Loan Parties and their Subsidiaries has good title to,
or valid leasehold interests in, all of its real and personal property material
to the operation of its

                                      -47-

<PAGE>

business, including all such material properties reflected in the most recent
audited consolidated balance sheet of the Holdings referred to in Section 4.4 or
purported to have been acquired by the Loan Parties or any Subsidiary after said
date (except as sold or otherwise disposed of in the ordinary course of
business), in each case free and clear of Liens prohibited by this Agreement.
All leases that individually or in the aggregate are material to the business or
operations of the Loan Parties and their Subsidiaries are valid and subsisting
and are in full force and effect.

          (b) Each of the Loan Parties and their Subsidiaries owns, or is
licensed, or otherwise has the right, to use, all patents, trademarks, service
marks, trade names, copyrights and other intellectual property material to its
business, and the use thereof by the Loan Parties and their Subsidiaries does
not infringe on the rights of any other Person, except for any such
infringements that, individually or in the aggregate, would not have a Material
Adverse Effect.

          (c) The properties of the Loan Parties and their Subsidiaries are
insured with financially sound and reputable insurance companies which are not
Affiliates of Holdings, subject to the self-insurance provisions contained in
Section 5.8, in such amounts with such deductibles and covering such risks as
are customarily carried by companies engaged in similar businesses and owning
similar properties in localities where the Loan Parties or the applicable
Subsidiary operates.

          SECTION 4.12. DISCLOSURE. Holdings and the Borrower has disclosed to
the Lenders all agreements, instruments, and corporate or other restrictions to
which each Loan Party or any of its Subsidiaries is subject, and all other
matters known to any of them, that, individually or in the aggregate, could
reasonably be expected to result in a Material Adverse Effect. Neither the
Information Memorandum nor any of the reports (including without limitation all
reports that Holdings is required to file with the Securities and Exchange
Commission), financial statements, certificates or other information furnished
by or on behalf of Holdings or the Borrower to the Administrative Agent or any
Lender in connection with the negotiation or syndication of this Agreement or
any other Loan Document or delivered hereunder or thereunder (as modified or
supplemented by any other information so furnished) contains any material
misstatement of fact or omits to state any material fact necessary to make the
statements therein, taken as a whole, in light of the circumstances under which
they were made, not misleading; provided, that with respect to projected
financial information, Holdings and the Borrower represent only that such
information was prepared in good faith based upon assumptions believed to be
reasonable at the time.

          SECTION 4.13. LABOR RELATIONS. There are no strikes, lockouts or other
material labor disputes or grievances against any Loan Party or any of its
Subsidiaries, or, to the knowledge of Holdings or Borrower, threatened against
or affecting any Loan Party or any of its Subsidiaries, and no significant
unfair labor practice, charges or grievances are pending against any Loan Party
or any of its Subsidiaries, or to the knowledge of Holdings or Borrower,
threatened against any of them before any Governmental Authority. All payments
due from any Loan Party or any of its Subsidiaries pursuant to the provisions of
any collective bargaining agreement have been paid or accrued as a liability on
the books of any such Loan Party or any such Subsidiary, except where the
failure to do so could not reasonably be expected to have a Material Adverse
Effect.

                                      -48-

<PAGE>

          SECTION 4.14. SUBSIDIARIES. Schedule 4.14 sets forth the name of, the
ownership interest of Holdings and the Borrower in, the jurisdiction of
incorporation or organization of, and the type of, each Subsidiary and
identifies each Subsidiary that is a Subsidiary Loan Party, in each case as of
the Closing Date.

          SECTION 4.15. INSOLVENCY. After giving effect to the execution and
delivery of the Loan Documents, the making of the Loans under this Agreement,
and the repayment of the Refinanced Indebtedness, none of the Loan Parties will
be "insolvent," within the meaning of such term as defined in Section 101 of
Title 11 of the United States Code, as amended from time to time, or be unable
to pay its debts generally as such debts become due, or have an unreasonably
small capital to engage in any business or transaction, whether current or
contemplated.

          SECTION 4.16. OFAC. No Loan Party (i) is a person whose property or
interest in property is blocked or subject to blocking pursuant to Section 1 of
Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting
Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism
(66 Fed. Reg. 49079 (2001)), (ii) engages in any dealings or transactions
prohibited by Section 2 of such executive order, or is otherwise associated with
any such person in any manner violative of Section 2, or (iii) is a person on
the list of Specially Designated Nationals and Blocked Persons or subject to the
limitations or prohibitions under any other U.S. Department of Treasury's Office
of Foreign Assets Control regulation or executive order.

          SECTION 4.17. PATRIOT ACT. Each Loan Party is in compliance, in all
material respects, with the (i) the Trading with the Enemy Act, as amended, and
each of the foreign assets control regulations of the United States Treasury
Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling
legislation or executive order relating thereto, and (ii) the Uniting And
Strengthening America By Providing Appropriate Tools Required To Intercept And
Obstruct Terrorism (USA Patriot Act of 2001). No part of the proceeds of the
Loans will be used, directly or indirectly, for any payments to any governmental
official or employee, political party, official of a political party, candidate
for political office, or anyone else acting in an official capacity, in order to
obtain, retain or direct business or obtain any improper advantage, in violation
of the United States Foreign Corrupt Practices Act of 1977, as amended.

                                   ARTICLE V
                              AFFIRMATIVE COVENANTS

          Each of Holdings and the Borrower covenants and agrees that so long as
any Lender has a Commitment hereunder or any Obligation remains unpaid or
outstanding:

          SECTION 5.1. FINANCIAL STATEMENTS AND OTHER INFORMATION. The Borrower
will deliver to the Administrative Agent:

          (a) so long as Holdings is required to file periodic reports under
Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934, as
amended, no later than 5 days after Holdings is required to have delivered its
annual financial statements thereunder and otherwise

                                      -49-

<PAGE>

as soon as available and in any event within 95 days after the end of each
Fiscal Year of Holdings, a copy of the annual audited report for such Fiscal
Year for Holdings and its Subsidiaries, containing a consolidated balance sheet
of Holdings and its Subsidiaries as of the end of such Fiscal Year and the
related consolidated statements of income, stockholders' equity and cash flows
(together with all footnotes thereto) of Holdings and its Subsidiaries for such
Fiscal Year, setting forth in each case in comparative form the figures for the
previous Fiscal Year, all in reasonable detail and reported on by KPMG LLP or
other independent public accountants of nationally recognized standing (without
a "going concern" or like qualification, exception or explanation and without
any qualification or exception as to scope of such audit) to the effect that
such financial statements present fairly in all material respects the financial
condition and the results of operations of Holdings and its Subsidiaries for
such Fiscal Year on a consolidated basis in accordance with GAAP and that the
examination by such accountants in connection with such consolidated financial
statements has been made in accordance with generally accepted auditing
standards;

          (b) so long as Holdings is required to file periodic reports under
Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934, as
amended, no later than 5 days after Holdings is required to have delivered its
quarterly financial statements thereunder, and otherwise within 50 days after
the end of each Fiscal Quarter of Holdings, an unaudited consolidated balance
sheet of Holdings and its Subsidiaries as of the end of such Fiscal Quarter and
the related unaudited consolidated statements of income and cash flows of
Holdings and its Subsidiaries for such Fiscal Quarter and the then elapsed
portion of such Fiscal Year;

          (c) concurrently with the delivery of the financial statements
referred to in clauses (a) and (b) above, a Compliance Certificate signed by the
principal executive officer and the principal financial officer of Holdings;

          (d) promptly after the same become publicly available, copies of all
periodic and other reports, proxy statements and other materials filed with the
Securities and Exchange Commission, or any Governmental Authority succeeding to
any or all functions of said Commission, or with any national securities
exchange, or distributed by Holdings to its shareholders generally, as the case
may be; and

          (e) promptly following any request therefor, such other information
regarding the results of operations, business affairs and financial condition of
any Loan Party or any Subsidiary as the Administrative Agent, on behalf of any
Lender, may reasonably request.

     So long as Holdings is required to file periodic reports under Section
13(a) or Section 15(d) of the Securities Exchange Act of 1934, as amended,
Borrower may satisfy its obligation to deliver the financial statements referred
to in clauses (a) and (b) above by delivering such financial statements by
electronic mail to such e-mail addresses as the Administrative Agent and Lenders
shall have provided to Borrower from time to time.

          SECTION 5.2. NOTICES OF MATERIAL EVENTS. The Borrower will furnish to
the Administrative Agent prompt written notice of the following:

          (a) the occurrence of any Default or Event of Default;

                                      -50-

<PAGE>

          (b) the filing or commencement of any action, suit or proceeding by or
before any arbitrator or Governmental Authority against or, to the knowledge of
the Borrower, affecting any Loan Party or any Subsidiary which, if adversely
determined, could reasonably be expected to result in a Material Adverse Effect;

          (c) the occurrence of any event or any other development by which any
Loan Party or any of its Subsidiaries (i) fails to comply with any Environmental
Law or to obtain, maintain or comply with any permit, license or other approval
required under any Environmental Law, (ii) becomes subject to any Environmental
Liability, (iii) receives notice of any claim with respect to any Environmental
Liability, or (iv) becomes aware of any basis for any Environmental Liability
and in each of the preceding clauses, which individually or in the aggregate,
could reasonably be expected to result in a Material Adverse Effect;

          (d) the occurrence of any ERISA Event that alone, or together with any
other ERISA Events that have occurred, could reasonably be expected to result in
liability of Holdings, the Borrower and its Subsidiaries in an aggregate amount
exceeding $10,000,000;

          (e) the receipt by any Loan Party or any of its Subsidiaries of any
written notice of an alleged default or event of default, in respect of any
Material Indebtedness of any Loan Party or any of its Subsidiaries; and

          (f) any other development that results in, or could reasonably be
expected to result in, a Material Adverse Effect.

          (g) Each notice delivered under this Section shall be accompanied by a
written statement of a Responsible Officer setting forth the details of the
event or development requiring such notice and any action taken or proposed to
be taken with respect thereto.

           SECTION 5.3. EXISTENCE; CONDUCT OF BUSINESS. Each of Holdings and the
Borrower will, and will cause each of its Subsidiaries to, do or cause to be
done all things necessary to preserve, renew and maintain in full force and
effect its legal existence and take all reasonable action to maintain its
respective rights, licenses, permits, privileges, franchises, patents,
copyrights, trademarks and trade names material to the conduct of its business
and will continue to engage in the same business as presently conducted or such
other businesses that are reasonably related thereto; provided, that nothing in
this Section shall prohibit any merger, consolidation, sale, lease, transfer or
other disposition, liquidation or dissolution permitted under Sections 7.3 or
7.6.

          SECTION 5.4. COMPLIANCE WITH LAWS, ETC. Each of Holdings and the
Borrower will, and will cause each of its Subsidiaries to, comply with all laws,
rules, regulations and requirements of any Governmental Authority applicable to
its business and properties, including without limitation, all Environmental
Laws, ERISA and OSHA, except where the failure to do so, either individually or
in the aggregate, could not reasonably be expected to result in a Material
Adverse Effect.

          SECTION 5.5. PAYMENT OF OBLIGATIONS. Each of Holdings and the Borrower
will, and will cause each of its Subsidiaries to, pay and discharge at or before
maturity, all of its material obligations and liabilities (including without
limitation all tax liabilities and claims that

                                      -51-

<PAGE>

could result in a statutory Lien) before the same shall become delinquent or in
default, except where (a) the validity or amount thereof is being contested in
good faith by appropriate proceedings, (b) Holdings, the Borrower or such
Subsidiary has set aside on its books adequate reserves with respect thereto in
accordance with GAAP and (c) the failure to make payment pending such contest
could not reasonably be expected to result in a Material Adverse Effect.

          SECTION 5.6. BOOKS AND RECORDS. Each of Holdings and the Borrower
will, and will cause each of its Subsidiaries to, keep proper books of record
and account in which full, true and correct entries shall be made of all
dealings and transactions in relation to its business and activities to the
extent necessary to prepare the consolidated financial statements of Holdings in
conformity with GAAP.

          SECTION 5.7. VISITATION, INSPECTION, ETC. Each of Holdings and the
Borrower will, and will cause each of its Subsidiaries to, permit any
representative of the Administrative Agent or any Lender, to visit and inspect
its properties, to examine its books and records and to make copies and take
extracts therefrom, and to discuss its affairs, finances and accounts with any
of its officers and with its independent certified public accountants, all at
such reasonable times and as often as the Administrative Agent or any Lender may
reasonably request after reasonable prior notice to the Borrower.

          SECTION 5.8. MAINTENANCE OF PROPERTIES; INSURANCE. Each of Holdings
and the Borrower will, and will cause each of its Subsidiaries to, (a) keep and
maintain all property material to the conduct of its business in good working
order and condition, except for ordinary wear and tear and except where the
failure to do so, either individually or in the aggregate, could not reasonably
be expected to result in a Material Adverse Effect, and (b) maintain with
financially sound and reputable insurance companies, insurance with respect to
its properties and business, and the properties and business of its
Subsidiaries, against loss or damage of the kinds customarily insured against by
companies in the same or similar businesses operating in the same or similar
locations; provided, that Holdings, Borrower and any Subsidiary may (i)
self-insure against any risk required to be insured pursuant to this Section in
an aggregate amount of up to $5,000,000 per occurrence and (ii) insure through
the Captive Insurance Subsidiary against any risk required to be insured
pursuant to this Section in an aggregate amount of up to $10,000,000 per
occurrence and, provided, further, that in the event that Holdings, Borrower or
any Subsidiary self-insures against any risks required to be insured against
pursuant to this Section in an aggregate amount in excess of $5,000,000 per
occurrence or insures through the Captive Insurance Subsidiary against any risk
required to be insured pursuant to this Section 5 in aggregate amount of more
than $10,000,000 per occurrence, such self-insurance or insurance through the
Captive Insurance Subsidiary shall be in amounts satisfactory to the
Administrative Agent.

          SECTION 5.9. USE OF PROCEEDS AND LETTERS OF CREDIT. The Borrower will
use the proceeds of the initial Loans made on the Closing Date to refinance
existing Indebtedness and the proceeds of all other Loans made after the Closing
Date to finance working capital needs, Permitted Acquisitions, and Capital
Expenditures, to pay dividends to Holdings for the purpose of financing the
repurchase of shares of Capital Stock of Holdings and for other general
corporate purposes of the Borrower and its Subsidiaries. No part of the proceeds
of any Loan will be used, whether directly or indirectly, for any purpose that
would violate any rule or

                                      -52-

<PAGE>

regulation of the Board of Governors of the Federal Reserve System, including
Regulations T, U or X. All Letters of Credit will be used for general corporate
purposes.

          SECTION 5.10. ADDITIONAL SUBSIDIARIES. (a) If any Subsidiary becomes a
Material Subsidiary after the Closing Date, or any Material Subsidiary is
acquired or formed after the Closing Date, the Borrower will, within ten (10)
Business Days after any such Subsidiary becomes a Material Subsidiary, or such
Material Subsidiary is acquired or formed, notify the Administrative Agent
thereof and will cause such Material Subsidiary to become a Subsidiary Loan
Party.

          (b) If, at any time, the aggregate revenue or assets (on a
non-consolidated basis) of Holdings, the Borrower and those Subsidiaries that
are then Subsidiary Loan Parties are less than the Aggregate Subsidiary
Threshold, then the Borrower shall cause one or more other Subsidiaries to
become additional Subsidiary Loan Parties, as provided in this Section, within
ten (10) Business Days after such revenues or assets become less than the
Aggregate Subsidiary Threshold so that after including the revenue or assets of
any such additional Subsidiary Loan Parties, the aggregate revenue or assets (on
a non-consolidated basis) of Holdings, the Borrower and all such Subsidiary Loan
Parties would equal or exceed the Aggregate Subsidiary Threshold.

          (c) The Borrower may elect at any time to have any Subsidiary become
an additional Subsidiary Loan Party as provided in this Section.

          (d) Upon the occurrence and during the continuation of any Event of
Default, if the Required Lenders so direct, the Borrower shall (i) cause all of
its Subsidiaries to become additional Subsidiary Loan Parties, as provided in
this Section, within ten (10) Business Days after the Borrower's receipt of
written confirmation of such direction from the Administrative Agent.

          (e) A Subsidiary shall become an additional Subsidiary Loan Party by
executing and delivering to the Administrative Agent a Subsidiary Guaranty
Supplement and an Indemnity and Contribution Agreement Supplement, accompanied
by (i) all other Loan Documents related thereto, (ii) certified copies of
certificates or articles of incorporation or organization, by-laws, membership
operating agreements, and other organizational documents, appropriate
authorizing resolutions of the board of directors of such Subsidiaries, and
opinions of counsel comparable to those delivered pursuant to Section 3.1(vii),
and (iii) such other documents as the Administrative Agent may reasonably
request. No Subsidiary that becomes a Subsidiary Loan Party shall thereafter
cease to be a Subsidiary Loan Party or be entitled to be released or discharged
from its obligations under the Subsidiary Guaranty Agreement or Indemnity and
Contribution Agreement, except in connection with a sale of such Subsidiary Loan
Party's Capital Stock or assets pursuant to Section 7.6, a merger consolidation
or other fundamental change with respect to such Subsidiary Loan Party described
in Section 7.3 or otherwise expressly permitted pursuant to Sections 5.3, 7.3 or
7.6 of this Agreement or consented to in writing by all of the Lenders.

          SECTION 5.11. POST-CLOSING COVENANTS. (a) The Borrower agrees that it
shall deliver to the Administrative Agent no later than December 23, 2005, a
favorable written opinion of Martin, Tate, Morrow, & Marston, P.C., Tennessee
counsel to the Loan Parties, addressed to the Administrative Agent and each of
the Lenders, and covering such matters relating to the

                                      -53-

<PAGE>

Loan Parties, the Loan Documents and the transactions contemplated therein as
the Administrative Agent or the Required Lenders shall reasonably request.

          (b) The Borrower agrees that it shall deliver to the Administrative
Agent no later than December 23, 2005, a good standing certificate for M. S.
Carriers, Inc. in Tennessee, in form and substance acceptable to the
Administrative Agent.

          (c) The Borrower agrees that it shall deliver to the Administrative
Agent no later than December 23, 2005, copies of the articles or certificate of
incorporation, certificate of organization or limited partnership, or other
registered organizational documents of M. S. Carriers, Inc. certified by the
Secretary of State of Tennessee;

                                   ARTICLE VI
                               FINANCIAL COVENANTS

          Each of Holdings and the Borrower covenants and agrees that so long as
any Lender has a Commitment hereunder or any Obligation remains unpaid or
outstanding:

          SECTION 6.1. LEVERAGE RATIO. Holdings will maintain, as of the end of
each Fiscal Quarter, a Leverage Ratio of not greater than 3.00:1.00 for each
Fiscal Quarter.

          SECTION 6.2. FIXED CHARGE COVERAGE RATIO. Holdings will have, as of
the end of each Fiscal Quarter, a Fixed Charge Coverage Ratio of not less than
1.50:1.00.

          SECTION 6.3. CONSOLIDATED TANGIBLE NET WORTH. Holdings will not permit
its Consolidated Tangible Net Worth at any time to be less than $605,862,000
plus 50% of Consolidated Net Income on a cumulative basis for each preceding
Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2005;
provided, that if Consolidated Net Income is negative in any Fiscal Quarter the
amount added for such Fiscal Quarter shall be zero and such negative
Consolidated Net Income shall not reduce the amount of Consolidated Net Income
added from any previous Fiscal Quarter. The amount of Consolidated Tangible Net
Worth set forth above shall be increased by 100% of the amount by which Holdings
"total stockholders' equity" is increased as a result of any public or private
offering of common stock of Holdings after the Closing Date. Promptly upon the
consummation of such offering, Holdings shall notify the Administrative Agent in
writing of the amount of such increase in "total stockholders' equity".

                                  ARTICLE VII
                               NEGATIVE COVENANTS

          Each of Holdings and the Borrower covenants and agrees that so long as
any Lender has a Commitment hereunder or any Obligation remains outstanding:

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          SECTION 7.1. INDEBTEDNESS AND PREFERRED EQUITY. Holdings and the
Borrower will not, and will not permit any of its Subsidiaries to, create,
incur, assume or suffer to exist any Indebtedness, except:

          (a) Indebtedness created pursuant to the Loan Documents;

          (b) Indebtedness of Holdings and its Subsidiaries existing on the date
hereof and set forth on Schedule 7.1 and extensions, renewals and replacements
of any such Indebtedness that do not increase the outstanding principal amount
thereof (immediately prior to giving effect to such extension, renewal or
replacement) or shorten the maturity or the weighted average life thereof;

          (c) Indebtedness of Holdings or any Subsidiary incurred to finance the
acquisition, construction or improvement of any fixed or capital assets,
including Capital Lease Obligations, and any Indebtedness assumed in connection
with the acquisition of any such assets or secured by a Lien on any such assets
prior to the acquisition thereof; provided, that such Indebtedness is incurred
prior to or within 90 days after such acquisition or the completion of such
construction or improvements or extensions, renewals, and replacements of any
such Indebtedness that do not increase the outstanding principal amount thereof
(immediately prior to giving effect to such extension, renewal or replacement)
or shorten the maturity or the weighted average life thereof; provided further,
that the aggregate principal amount of such Indebtedness does not exceed
$200,000,000 at any time outstanding;

          (d) Indebtedness of Holdings owing to any Subsidiary and of any
Subsidiary owing to the Borrower or any other Subsidiary; provided, that any
such Indebtedness that is owed to a Subsidiary that is not a Subsidiary Loan
Party shall be subject to Section 7.4;

          (e) Guarantees by Holdings of Indebtedness of any Subsidiary and by
any Subsidiary of Indebtedness of the Borrower or any other Subsidiary;
provided, that Guarantees by any Loan Party of Indebtedness of any Subsidiary
that is not a Subsidiary Loan Party shall be subject to Section 7.4;

          (f) Indebtedness of any Person which becomes a Subsidiary after the
date of this Agreement (provided that such Indebtedness exists at the time that
such Person becomes a Subsidiary and is not created in contemplation of or in
connection with such Person becoming a Subsidiary) or extensions, renewals, and
replacements of any such Indebtedness that do not increase the outstanding
principal amount thereof (immediately prior to giving effect to such extension,
renewal or replacement) or shorten the maturity or the weighted average life
thereof;

          (g) Indebtedness in respect of any Securitization Transaction
permitted by Section 7.6(e);

          (h) Hedging Obligations permitted by Section 7.9;

          (i) other secured Indebtedness of Holdings or its Subsidiaries in an
aggregate principal amount not to exceed $200,000,000 at any time outstanding;
and

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          (j) other unsecured Indebtedness of Holdings or its Subsidiaries so
long as at the time such Indebtedness is incurred, and after giving pro forma
effect to the incurrence and application of the proceeds thereof, the Borrower
shall be in pro forma compliance with the financial covenants contained in
Article VI and no Default or Event of Default shall have occurred and be
continuing.

Holdings will not, and will not permit any Subsidiary to, issue any preferred
stock or other preferred equity interests that (i) matures or is mandatorily
redeemable pursuant to a sinking fund obligation or otherwise, (ii) is or may
become redeemable or repurchaseable by Holdings or such Subsidiary at the option
of the holder thereof, in whole or in part, or (iii) is convertible or
exchangeable at the option of the holder thereof for Indebtedness or preferred
stock or any other preferred equity interests described in this paragraph, on or
prior to, in the case of clause (i), (ii) or (iii), the first anniversary of the
Revolving Commitment Termination Date.

          SECTION 7.2. NEGATIVE PLEDGE. Holdings and Borrower will not, and will
not permit any of its Subsidiaries to, create, incur, assume or suffer to exist
any Lien on any of its assets or property now owned or hereafter acquired or,
except:

          (a) Permitted Encumbrances;

          (b) any Liens on any property or asset of Holdings or any Subsidiary
existing on the Closing Date set forth on Schedule 7.2; provided, that such Lien
shall not apply to any other property or asset of the Borrower or any
Subsidiary;

          (c) purchase money Liens upon or in any fixed or capital assets to
secure the purchase price or the cost of construction or improvement of such
fixed or capital assets or to secure Indebtedness incurred solely for the
purpose of financing the acquisition, construction or improvement of such fixed
or capital assets (including Liens securing any Capital Lease Obligations);
provided, that (i) such Lien secures Indebtedness permitted by Section 7.1(c),
(ii) such Lien attaches to such asset concurrently or within 90 days after the
acquisition, improvement or completion of the construction thereof; (iii) such
Lien does not extend to any other asset; and (iv) the Indebtedness secured
thereby does not exceed the cost of acquiring, constructing or improving such
fixed or capital assets;

          (d) any Lien (i) existing on any asset of any Person at the time such
Person becomes a Subsidiary of Holdings, (ii) existing on any asset of any
Person at the time such Person is merged with or into the Holdings or any
Subsidiary of Holdings or (iii) existing on any asset prior to the acquisition
thereof by the Holdings or any Subsidiary of Holdings; provided, that any such
Lien was not created in the contemplation of any of the foregoing and any such
Lien secures only those obligations which it secures on the date that such
Person becomes a Subsidiary or the date of such merger or the date of such
acquisition;

          (e) any Lien arising out of any Securitization Transaction permitted
by Section 7.6(e);

          (f) Liens on any treasury stock held by Holdings;

          (g) any Liens securing Indebtedness permitted by Section 7.1(i); and

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          (h) extensions, renewals, or replacements of any Lien referred to in
paragraphs (a) through (g) of this Section; provided, that the principal amount
of the Indebtedness secured thereby is not increased and that any such
extension, renewal or replacement is limited to the assets originally encumbered
thereby.

          SECTION 7.3. FUNDAMENTAL CHANGES. (a) Holdings and the Borrower will
not, and will not permit any Subsidiary to, merge into or consolidate into any
other Person, or permit any other Person to merge into or consolidate with it,
or sell, or lease, transfer or otherwise dispose of (in a single transaction or
a series of transactions) all or substantially all of its assets (in each case,
whether now owned or hereafter acquired) or all or substantially all of the
stock of any of its Subsidiaries (in each case, whether now owned or hereafter
acquired) or liquidate or dissolve; provided, that if at the time thereof and
immediately after giving effect thereto, no Default or Event of Default shall
have occurred and be continuing (i) any Subsidiary of Holdings other than the
Borrower may consolidate or merge with or into a Person if the Person formed by
or surviving such consolidation or merger is, or immediately following such
consolidation or merger becomes, a Subsidiary Loan Party, (ii) any Subsidiary
may consolidate or merge with or into another Subsidiary; provided, that if any
party to such consolidation or merger is a Subsidiary Loan Party, the Person
formed by or surviving such consolidation or merger must be, or immediately
following such consolidation or merger become, a Subsidiary Loan Party, (iii)
any Subsidiary may sell, transfer, lease or otherwise dispose of all or
substantially all of its assets to Holdings, the Borrower or to a Subsidiary
Loan Party and (iv) any Subsidiary (other than a Subsidiary Loan Party) may
liquidate or dissolve if Holdings determines in good faith that such liquidation
or dissolution is in the best interests of Holdings and is not materially
disadvantageous to the Lenders; provided, that any such consolidation or merger
involving a Person that is not a wholly-owned Subsidiary immediately prior to
such consolidation or merger shall not be permitted unless also permitted by
Section 7.4.

          (b) The Borrower will not, and will not permit any of its Subsidiaries
to, engage in any business other than businesses of the type conducted by the
Borrower and its Subsidiaries on the date hereof and businesses reasonably
related thereto.

          SECTION 7.4. INVESTMENTS, LOANS, ETC. Holdings and the Borrower will
not, and will not permit any of its Subsidiaries to, purchase, hold or acquire
(including pursuant to any merger with any Person that was not a wholly-owned
Subsidiary prior to such merger), any common stock, evidence of indebtedness or
other securities (including any option, warrant, or other right to acquire any
of the foregoing) of, make or permit to exist any loans or advances to,
Guarantee any obligations of, or make or permit to exist any investment or any
other interest in, any other Person, or purchase or otherwise acquire (in one
transaction or a series of transactions) any assets of any other Person that
constitute a business unit (all of the foregoing being collectively called
"Investments"), except:

          (a) Investments (other than Permitted Investments) existing on the
date hereof and set forth on Schedule 7.4 (including Investments in
Subsidiaries);

          (b) extensions of trade credit in the ordinary course of business;

          (c) Permitted Investments;

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<PAGE>

          (d) Permitted Acquisitions, and all Investments of any Person acquired
in a Permitted Acquisition;

          (e) advances in the ordinary course of business to any independent
contractor performing services for Holdings, any of its Subsidiaries or any of
their agents not to exceed $20,000,000 in the aggregate at any time outstanding
maturing not later than seven (7) years after the incurrence thereof;

          (f) Guarantees constituting Indebtedness permitted by Section 7.1;
provided, that the aggregate principal amount of Indebtedness of Subsidiaries
that are not Subsidiary Loan Parties that is Guaranteed by any Loan Party shall
be subject to the limitation set forth in clauses (h) and (i) below;

          (g) Investments made by Holdings or any of its Subsidiaries in any
other Loan Party;

          (h) Investments made by Holdings or any of its Subsidiaries in any
Person other than a Loan Party; provided, that the aggregate amount of such
Investments by Holdings or any of its Subsidiaries in or to, and Guarantees by
Holdings or any of its Subsidiaries of Indebtedness of any Person that is not a
Loan Party (including all such Investments and Guarantees existing on the
Closing Date, but excluding the Investments permitted in clause (i) below),
shall not exceed $30,000,000 at any time outstanding;

          (i) Investments made by Holdings or any of its Subsidiaries in
Transplace; provided, that the aggregate amount of such Investments in, and
Guarantees by Loan Parties of Indebtedness owed by, Transplace (including all
such Investments and Guarantees existing on the Closing Date, shall not exceed
$25,000,000 at any time outstanding;

          (j) loans or advances to employees, officers or directors of Holdings
or any Subsidiary in the ordinary course of business for travel, relocation and
related expenses; provided, however, that the aggregate amount of all such loans
and advances does not exceed $5,000,000 at any time;

          (k) Investments in notes and other securities received in full or
partial satisfaction of overdue debts and accounts payable in the ordinary
course of business and for amounts which, individually or in the aggregate, do
not exceed $10,000,000 at any time outstanding;

          (l) Hedging Transactions permitted by Section 7.9;

          (m) Investments in treasury stock of Holdings;

          (n) other Investments not to exceed $10,000,000 at any time
outstanding;

          (o) Investments made by Holdings or any of its Subsidiaries in the
Captive Insurance Subsidiary in an aggregate cash amount not to exceed $250,000,
with a Letter of Credit of up to $49,750,000 posted by the Borrower to provide
credit support for liabilities of the Captive Insurance Subsidiary; and

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          (p) a promissory note in the amount of $17,000,000 payable over a
six-year period issued by Auto Carrier Holdings, Inc. in favor of the Borrower
in connection with the sale of the autohaul business to Auto Carrier Holdings,
Inc.

          SECTION 7.5. RESTRICTED PAYMENTS. Holdings and Borrower will not, and
will not permit its Subsidiaries to, declare or make, or agree to pay or make,
directly or indirectly, any dividend on any class of its stock, or make any
payment on account of, or set apart assets for a sinking or other analogous fund
for, the purchase, redemption, retirement, defeasance or other acquisition of,
any shares of common stock or Indebtedness subordinated to the Obligations of
the Borrower or any Guarantee thereof or any options, warrants, or other rights
to purchase such common stock or such Indebtedness, whether now or hereafter
outstanding (each, a "Restricted Payment"), except for (i) dividends payable by
Holdings and the Borrower solely in shares of any class of its common stock,
(ii) Restricted Payments made by Holdings or any of its Subsidiaries to another
Loan Party, (iii) so long as no Default or Event of Default has occurred and is
continuing, redemption or repurchase of common stock of Holdings, (iv) cash
dividends and distributions paid on the common stock of Holdings; provided for
purpose of this clause (iv) that (x) no Default or Event of Default has occurred
and is continuing at the time such dividend or distribution is paid, (y) the
aggregate amount of all such Restricted Payments pursuant to this clause (iv)
made by the Holdings in any Fiscal Year does not exceed 50% of Net Income (if
greater than $0) earned during the immediately preceding Fiscal Year, and (z) if
Restricted Payments made pursuant to this clause (iv) in any Fiscal Year are
less than permitted in such Fiscal Year, the excess permitted amount for such
Fiscal Year may be carried forward to the next succeeding Fiscal Year.

          SECTION 7.6. SALE OF ASSETS. Holdings and the Borrower will not, and
will not permit any of its Subsidiaries to, convey, sell, lease, assign,
transfer or otherwise dispose of, any of its assets, business or property,
whether now owned or hereafter acquired, or, in the case of any Subsidiary,
issue or sell any shares of such Subsidiary's common stock to any Person other
than the Borrower or a Subsidiary Loan Party (or to qualify directors if
required by applicable law), except:

          (a) the sale or other disposition for fair market value of obsolete or
worn out property or other property not necessary for operations disposed of in
the ordinary course of business;

          (b) sales and dispositions of trucks, tractors and trailers in the
ordinary course of business, so long as the proceeds from such sale or
disposition, net of commissions and other reasonable and customary transaction
costs, fees and expenses properly attributable to such transaction and payable
in connection therewith to non-Affiliates, are applied either (i) to prepay the
Loans (with a corresponding permanent reduction in the Revolving Commitments if
an Event of Default has occurred and is continuing at the time of such
prepayment) or (ii) to the purchase or lease of replacement trucks, tractors and
trailers for use in the ordinary course of business of Borrower and its
Subsidiaries.

          (c) the sale of treasury stock of Holdings;

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          (d) the sale of inventory and Permitted Investments in the ordinary
course of business;

          (e) the sale or other disposition of such assets in connection with
any Securitization Transaction;

          (f) the sale or discount without recourse of accounts receivable that
are overdue for more than 60 days in the ordinary course of business in
connection with the compromise or collection thereof;

          (g) the sale or other disposition of such assets as permitted by
Section 7.3(a);

          (h) in addition to all sales permitted above, the sale or other
disposition of such assets in an aggregate amount not to exceed, in any period
of twelve consecutive months, 10% of consolidated total assets of Holdings and
its Subsidiaries as at the beginning of such twelve-month period; and

          (i) the transfer of assets contemplated in Section 7.4(o).

          SECTION 7.7. TRANSACTIONS WITH AFFILIATES. Holdings and the Borrower
will not, and will not permit any of its Subsidiaries to, sell, lease or
otherwise transfer any property or assets to, or purchase, lease or otherwise
acquire any property or assets from, or otherwise engage in any other
transactions with, any of its Affiliates, except (a) in the ordinary course of
business at prices and on terms and conditions not less favorable to Holdings,
the Borrower or such Subsidiary than could be obtained on an arm's-length basis
from unrelated third parties, (b) transactions between or among Holdings, the
Borrower and any Subsidiary Loan Party not involving any other Affiliates, (c)
any Restricted Payment permitted by Section 7.5 and (d) other transactions so
long as such transactions are unanimously approved by the independent directors
of Holdings.

          SECTION 7.8. RESTRICTIVE AGREEMENTS. Holdings and the Borrower will
not, and will not permit any Subsidiary to, directly or indirectly, enter into,
incur or permit to exist any agreement that prohibits, restricts or imposes any
condition upon the ability of any Subsidiary to pay dividends or other
distributions with respect to its common stock, to make or repay loans or
advances to Holdings, the Borrower or any other Subsidiary, to Guarantee
Indebtedness of Holdings, the Borrower or any other Subsidiary or to transfer
any of its property or assets to Holdings, the Borrower or any Subsidiary of the
Borrower; provided, that (i) the foregoing shall not apply to restrictions or
conditions imposed by law or by this Agreement or any other Loan Document, (ii)
the foregoing shall not apply to customary restrictions and conditions contained
in agreements relating to the sale of a Subsidiary pending such sale, provided
such restrictions and conditions apply only to the Subsidiary that is sold and
such sale is permitted hereunder, and (iii) the foregoing shall not apply to the
Captive Insurance Subsidiary.

          SECTION 7.9. HEDGING TRANSACTIONS. Holdings and the Borrower will not,
and will not permit any of the Subsidiaries to, enter into any Hedging
Transaction, other than Hedging Transactions entered into in the ordinary course
of business to hedge or mitigate risks to which Holdings, the Borrower or any
Subsidiary is exposed in the conduct of its business or the management of its
liabilities. Solely for the avoidance of doubt, each of Holdings and the

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Borrower acknowledges that a Hedging Transaction entered into for speculative
purposes or of a speculative nature (which shall be deemed to include any
Hedging Transaction under which the Borrower or any of the Subsidiaries is or
may become obliged to make any payment (i) in connection with the purchase by
any third party of any common stock or any Indebtedness or (ii) as a result of
changes in the market value of any common stock or any Indebtedness) is not a
Hedging Transaction entered into in the ordinary course of business to hedge or
mitigate risks.

          SECTION 7.10. ACCOUNTING CHANGES. Holdings will not, and will not
permit any of its Subsidiaries to, make any significant change in accounting
treatment or reporting practices, except as required by GAAP or applicable laws
or regulations (including without limitation federal securities laws), or change
the fiscal year of Holdings or of any of its Subsidiaries, except to change the
fiscal year of such Subsidiary to conform its fiscal year to that of Holdings.

                                  ARTICLE VIII
                                EVENTS OF DEFAULT

          SECTION 8.1. EVENTS OF DEFAULT. If any of the following events (each
an "Event of Default") shall occur:

          (a) the Borrower shall fail to pay any principal of any Loan or of any
reimbursement obligation in respect of any LC Disbursement when and as the same
shall become due and payable, whether at the due date thereof or at a date fixed
for prepayment or otherwise; or

          (b) any Loan Party shall fail to pay any interest on any Loan or any
fee or any other amount (other than an amount payable under clause (a) of this
Section) payable under this Agreement or any other Loan Document, when and as
the same shall become due and payable, and such failure shall continue
unremedied for a period of three (3) Business Days; or

          (c) any representation or warranty made or deemed made by or on behalf
of Holdings, the Borrower or any Subsidiary in or in connection with this
Agreement or any other Loan Document (including the Schedules attached thereto)
and any amendments or modifications hereof or waivers hereunder, or in any
certificate, report, financial statement or other document submitted to the
Administrative Agent or the Lenders by any Loan Party or any representative of
any Loan Party pursuant to or in connection with this Agreement or any other
Loan Document shall prove to be incorrect in any material respect when made or
deemed made or submitted; or

          (d) Holdings or the Borrower shall fail to observe or perform any
covenant or agreement contained in Sections 5.1, 5.2, and 5.3 (with respect to
the existence of Borrower or Holdings) or Articles VI or VII; or

          (e) any Loan Party shall fail to observe or perform any covenant or
agreement contained in this Agreement (other than those referred to in clauses
(a), (b) and (d) above) or any other Loan Document, and such failure shall
remain unremedied for 30 days after the earlier of (i) any Responsible Officer
of Holdings or the Borrower becomes aware of such failure, or (ii)

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notice thereof shall have been given to the Borrower by the Administrative Agent
or any Lender; or

          (f) any Loan Party or any of its Subsidiaries (whether as primary
obligor or as guarantor or other surety) shall fail to pay any principal of,
premium or interest on, any Material Indebtedness that is outstanding, when and
as the same shall become due and payable (whether at scheduled maturity,
required prepayment, acceleration, demand or otherwise), and such failure shall
continue after the applicable grace period, if any, specified in the agreement
or instrument evidencing or governing such Indebtedness; or any other event
shall occur or condition shall exist under any agreement or instrument relating
to such Indebtedness and shall continue after the applicable grace period, if
any, specified in such agreement or instrument, if the effect of such event or
condition is to accelerate, or permit the acceleration of, the maturity of such
Indebtedness; or any such Indebtedness shall be declared to be due and payable,
or required to be prepaid or redeemed (other than by a regularly scheduled
required prepayment or redemption), purchased or defeased, or any offer to
prepay, redeem, purchase or defease such Indebtedness shall be required to be
made, in each case prior to the stated maturity thereof;

          (g) Holdings, the Borrower or any Subsidiary shall (i) commence a
voluntary case or other proceeding or file any petition seeking liquidation,
reorganization or other relief under any federal, state or foreign bankruptcy,
insolvency or other similar law now or hereafter in effect or seeking the
appointment of a custodian, trustee, receiver, liquidator or other similar
official of it or any substantial part of its property, (ii) consent to the
institution of, or fail to contest in a timely and appropriate manner, any
proceeding or petition described in clause (i) of this Section, (iii) apply for
or consent to the appointment of a custodian, trustee, receiver, liquidator or
other similar official for Holdings, the Borrower or any such Subsidiary or for
a substantial part of its assets, (iv) file an answer admitting the material
allegations of a petition filed against it in any such proceeding, (v) make a
general assignment for the benefit of creditors, or (vi) take any action for the
purpose of effecting any of the foregoing; or

          (h) an involuntary proceeding shall be commenced or an involuntary
petition shall be filed seeking (i) liquidation, reorganization or other relief
in respect of Holdings, the Borrower or any Subsidiary or its debts, or any
substantial part of its assets, under any federal, state or foreign bankruptcy,
insolvency or other similar law now or hereafter in effect or (ii) the
appointment of a custodian, trustee, receiver, liquidator or other similar
official for Holdings, the Borrower or any Subsidiary or for a substantial part
of its assets, and in any such case, such proceeding or petition shall remain
undismissed or undischarged for a period of 60 days or an order or decree
approving or ordering any of the foregoing shall be entered; or

          (i) Holdings, the Borrower or any Subsidiary shall become unable to
pay, shall admit in writing its inability to pay, or shall fail to pay, its
debts as they become due; or

          (j) an ERISA Event shall have occurred that, in the opinion of the
Required Lenders, when taken together with other ERISA Events that have
occurred, could reasonably be expected to result in liability to the Holdings,
Borrower and the Subsidiaries in an aggregate amount exceeding $10,000,000; or

                                      -62-

<PAGE>

          (k) any judgment or order for the payment of money in excess of
$50,000,000 in the aggregate, to the extent not covered by a third-party
insurance carrier that has acknowledged coverage, shall be rendered against
Holdings, the Borrower or any Subsidiary, and either (i) enforcement proceedings
shall have been commenced by any creditor upon such judgment or order or (ii)
there shall be a period of 30 consecutive days during which a stay of
enforcement of such judgment or order, by reason of a pending appeal or
otherwise, shall not be in effect; or

          (l) any non-monetary judgment or order shall be rendered against
Holdings, the Borrower or any Subsidiary that could reasonably be expected to
have a Material Adverse Effect, and there shall be a period of 30 consecutive
days during which a stay of enforcement of such judgment or order, by reason of
a pending appeal or otherwise, shall not be in effect; or

          (m) a Change in Control shall occur or exist; or

          (n) any provision of the Holdings Guaranty Agreement or the Subsidiary
Guaranty Agreement shall for any reason cease to be valid and binding on, or
enforceable against, any Loan Party, or any such Loan Party shall so state in
writing, or any Loan Party shall seek to terminate its Subsidiary Guaranty
Agreement;

then, and in every such event (other than an event with respect to Holdings or
the Borrower described in clause (g) or (h) of this Section) and at any time
thereafter during the continuance of such event, the Administrative Agent may,
and upon the written request of the Required Lenders shall, by notice to the
Borrower, take any or all of the following actions, at the same or different
times: (i) terminate the Commitments, whereupon the Commitment of each Lender
shall terminate immediately, (ii) declare the principal of and any accrued
interest on the Loans, and all other Obligations owing hereunder, to be,
whereupon the same shall become, due and payable immediately, without
presentment, demand, protest or other notice of any kind, all of which are
hereby waived by Holdings and the Borrower, (iii) exercise all remedies
contained in any other Loan Document and (iv) exercise any other remedies
available at law or in equity; and that, if an Event of Default specified in
either clause (g) or (h) shall occur, the Commitments shall automatically
terminate and the principal of the Loans then outstanding, together with accrued
interest thereon, and all fees, and all other Obligations shall automatically
become due and payable, without presentment, demand, protest or other notice of
any kind, all of which are hereby waived by Holdings and the Borrower.

                                   ARTICLE IX
                            THE ADMINISTRATIVE AGENT

          SECTION 9.1. APPOINTMENT OF ADMINISTRATIVE AGENT. (a) Each Lender
irrevocably appoints SunTrust Bank as the Administrative Agent and authorizes it
to take such actions on its behalf and to exercise such powers as are delegated
to the Administrative Agent under this Agreement and the other Loan Documents,
together with all such actions and powers that are reasonably incidental
thereto. The Administrative Agent may perform any of its duties hereunder or
under the other Loan Documents by or through any one or more sub-agents or
attorneys-in-fact appointed by the Administrative Agent. The Administrative
Agent and any such sub-agent or attorney-in-fact may perform any and all of its
duties and exercise its rights and

                                      -63-

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powers through their respective Related Parties. The exculpatory provisions set
forth in this Article IX shall apply to any such sub-agent or attorney-in-fact
and the Related Parties of the Administrative Agent, any such sub-agent and any
such attorney-in-fact and shall apply to their respective activities in
connection with the syndication of the credit facilities provided for herein as
well as activities as Administrative Agent.

          (b) The Issuing Bank shall act on behalf of the Lenders with respect
to any Letters of Credit issued by it and the documents associated therewith
until such time and except for so long as the Administrative Agent may agree at
the request of the Required Lenders to act for the Issuing Bank with respect
thereto; provided, that the Issuing Bank shall have all the benefits and
immunities (i) provided to the Administrative Agent in this Article IX with
respect to any acts taken or omissions suffered by the Issuing Bank in
connection with Letters of Credit issued by it or proposed to be issued by it
and the application and agreements for letters of credit pertaining to the
Letters of Credit as fully as if the term "Administrative Agent" as used in this
Article IX included the Issuing Bank with respect to such acts or omissions and
(ii) as additionally provided in this Agreement with respect to the Issuing
Bank.

          SECTION 9.2. NATURE OF DUTIES OF ADMINISTRATIVE AGENT. The
Administrative Agent shall not have any duties or obligations except those
expressly set forth in this Agreement and the other Loan Documents. Without
limiting the generality of the foregoing, (a) the Administrative Agent shall not
be subject to any fiduciary or other implied duties, regardless of whether a
Default or an Event of Default has occurred and is continuing, (b) the
Administrative Agent shall not have any duty to take any discretionary action or
exercise any discretionary powers, except those discretionary rights and powers
expressly contemplated by the Loan Documents that the Administrative Agent is
required to exercise in writing by the Required Lenders (or such other number or
percentage of the Lenders as shall be necessary under the circumstances as
provided in Section 10.2), and (c) except as expressly set forth in the Loan
Documents, the Administrative Agent shall not have any duty to disclose, and
shall not be liable for the failure to disclose, any information relating to the
Borrower or any of its Subsidiaries that is communicated to or obtained by the
Administrative Agent or any of its Affiliates in any capacity. The
Administrative Agent shall not be liable for any action taken or not taken by
it, its sub-agents or attorneys-in-fact with the consent or at the request of
the Required Lenders (or such other number or percentage of the Lenders as shall
be necessary under the circumstances as provided in Section 10.2) or in the
absence of its own gross negligence or willful misconduct. The Administrative
Agent shall not be responsible for the negligence or misconduct of any
sub-agents or attorneys-in-fact selected by it with reasonable care. The
Administrative Agent shall not be deemed to have knowledge of any Default or
Event of Default unless and until written notice thereof (which notice shall
include an express reference to such event being a "Default" or "Event of
Default" hereunder) is given to the Administrative Agent by the Borrower or any
Lender (other than the Administrative Agent in its capacity as a Lender), and
the Administrative Agent shall not be responsible for or have any duty to
ascertain or inquire into (i) any statement, warranty or representation made in
or in connection with any Loan Document, (ii) the contents of any certificate,
report or other document delivered hereunder or thereunder or in connection
herewith or therewith, (iii) the performance or observance of any of the
covenants, agreements, or other terms and conditions set forth in any Loan
Document, (iv) the validity, enforceability, effectiveness or genuineness of any
Loan Document or any other agreement, instrument or document, or (v) the
satisfaction of any condition set forth in Article III or elsewhere in any

                                      -64-

<PAGE>

Loan Document, other than to confirm receipt of items expressly required to be
delivered to the Administrative Agent. The Administrative Agent may consult with
legal counsel (including counsel for the Borrower) concerning all matters
pertaining to such duties.

          SECTION 9.3. LACK OF RELIANCE ON THE ADMINISTRATIVE AGENT. Each of the
Lenders, the Swingline Lender and the Issuing Bank acknowledges that it has,
independently and without reliance upon the Administrative Agent or any other
Lender and based on such documents and information as it has deemed appropriate,
made its own credit analysis and decision to enter into this Agreement. Each of
the Lenders, the Swingline Lender and the Issuing Bank also acknowledges that it
will, independently and without reliance upon the Administrative Agent or any
other Lender and based on such documents and information as it has deemed
appropriate, continue to make its own decisions in taking or not taking of any
action under or based on this Agreement, any related agreement or any document
furnished hereunder or thereunder.

          SECTION 9.4. CERTAIN RIGHTS OF THE ADMINISTRATIVE AGENT. If the
Administrative Agent shall request instructions from the Required Lenders with
respect to any action or actions (including the failure to act) in connection
with this Agreement, the Administrative Agent shall be entitled to refrain from
such act or taking such act, unless and until it shall have received
instructions from such Lenders; and the Administrative Agent shall not incur
liability to any Person by reason of so refraining. Without limiting the
foregoing, no Lender shall have any right of action whatsoever against the
Administrative Agent as a result of the Administrative Agent acting or
refraining from acting hereunder in accordance with the instructions of the
Required Lenders where required by the terms of this Agreement.

          SECTION 9.5. RELIANCE BY ADMINISTRATIVE AGENT. The Administrative
Agent shall be entitled to rely upon, and shall not incur any liability for
relying upon, any notice, request, certificate, consent, statement, instrument,
document or other writing (including any electronic message, posting or other
distribution) believed by it to be genuine and to have been signed, sent or made
by the proper Person. The Administrative Agent may also rely upon any statement
made to it orally or by telephone and believed by it to be made by the proper
Person and shall not incur any liability for relying thereon. The Administrative
Agent may consult with legal counsel (including counsel for the Borrower),
independent public accountants and other experts selected by it and shall not be
liable for any action taken or not taken by it in accordance with the advice of
such counsel, accountants or experts.

          SECTION 9.6. THE ADMINISTRATIVE AGENT IN ITS INDIVIDUAL CAPACITY. The
bank serving as the Administrative Agent shall have the same rights and powers
under this Agreement and any other Loan Document in its capacity as a Lender as
any other Lender and may exercise or refrain from exercising the same as though
it were not the Administrative Agent; and the terms "Lenders", "Required
Lenders", "holders of Notes", or any similar terms shall, unless the context
clearly otherwise indicates, include the Administrative Agent in its individual
capacity. The bank acting as the Administrative Agent and its Affiliates may
accept deposits from, lend money to, and generally engage in any kind of
business with the Borrower or any Subsidiary or Affiliate of the Borrower as if
it were not the Administrative Agent hereunder.

                                      -65-

<PAGE>

          SECTION 9.7. SUCCESSOR ADMINISTRATIVE AGENT. (a) The Administrative
Agent may resign at any time by giving notice thereof to the Lenders and the
Borrower. Upon any such resignation, the Required Lenders shall have the right
to appoint a successor Administrative Agent, subject to the approval by the
Borrower provided that no Default or Event of Default shall exist at such time.
If no successor Administrative Agent shall have been so appointed, and shall
have accepted such appointment within 30 days after the retiring Administrative
Agent gives notice of resignation, then the retiring Administrative Agent may,
on behalf of the Lenders and the Issuing Bank, appoint a successor
Administrative Agent, which shall be a commercial bank organized under the laws
of the United States of America or any state thereof or a bank which maintains
an office in the United States, having a combined capital and surplus of at
least $500,000,000.

          (b) Upon the acceptance of its appointment as the Administrative Agent
hereunder by a successor, such successor Administrative Agent shall thereupon
succeed to and become vested with all the rights, powers, privileges and duties
of the retiring Administrative Agent, and the retiring Administrative Agent
shall be discharged from its duties and obligations under this Agreement and the
other Loan Documents. If within 45 days after written notice is given of the
retiring Administrative Agent's resignation under this Section no successor
Administrative Agent shall have been appointed and shall have accepted such
appointment, then on such 45th day (i) the retiring Administrative Agent's
resignation shall become effective, (ii) the retiring Administrative Agent shall
thereupon be discharged from its duties and obligations under the Loan Documents
and (iii) the Required Lenders shall thereafter perform all duties of the
retiring Administrative Agent under the Loan Documents until such time as the
Required Lenders appoint a successor Administrative Agent as provided above.
After any retiring Administrative Agent's resignation hereunder, the provisions
of this Article IX shall continue in effect for the benefit of such retiring
Administrative Agent and its representatives and agents in respect of any
actions taken or not taken by any of them while it was serving as the
Administrative Agent.

          SECTION 9.8. AUTHORIZATION TO EXECUTE OTHER LOAN DOCUMENTS. Each
Lender hereby authorizes the Administrative Agent to execute on behalf of all
Lenders all Loan Documents other than this Agreement.

          SECTION 9.9. DOCUMENTATION AGENT; SYNDICATION AGENT. Each Lender
hereby designates U.S. Bank National Association and LaSalle Bank National
Association as Co-Documentation Agents and agrees that the Co-Documentation
Agents shall have no duties or obligations under any Loan Documents to any
Lender or any Loan Party. Each Lender hereby designates Wells Fargo Bank,
National Association and KeyBank National Association as Co-Syndication Agents
and agrees that the Co- Syndication Agents shall have no duties or obligations
under any Loan Documents to any Lender or any Loan Party.

                                   ARTICLE X
                                  MISCELLANEOUS

                                      -66-

<PAGE>

          SECTION 10.1. NOTICES.

          (a) WRITTEN NOTICES.

          (i) Except in the case of notices and other communications expressly
     permitted to be given by telephone, all notices and other communications to
     any party herein to be effective shall be in writing and shall be delivered
     by hand or overnight courier service, mailed by certified or registered
     mail or sent by telecopy, as follows:

     To the Borrower:              Swift Transportation Co., Inc.
     or Holdings                   2200 75th Avenue
                                   Phoenix, AZ 85043
                                   Attention: Glynis Bryan
                                   Telecopy Number: (623) 907-7503

     With a copy to:               Snell & Wilmer, L.L.P.
                                   One Arizona Center
                                   Phoenix, AZ 85004-2202
                                   Attention: Steven D. Pidgeon, Esq.
                                   Telecopy Number: (602) 382-6070

     To the Administrative Agent   SunTrust Bank
     or Swingline Lender:          201 4th Avenue North
                                   Nashville, TN 37219
                                   Attention: Mr. Bill Crawford
                                   Telecopy Number: (615) 748-5269

     With a copy to:               SunTrust Bank
                                   Agency Services
                                   303 Peachtree Street, N. E./25th Floor
                                   Atlanta, Georgia 30308
                                   Attention: Ms. Wanda Gregory
                                   Telecopy Number: (404) 658-4906

                                   and

                                   King & Spalding LLP
                                   191 Peachtree Street, N.E.
                                   Atlanta, Georgia 30303
                                   Attention: Carolyn Z. Alford
                                   Telecopy Number: (404) 572-5100

     To the Issuing Bank:          SunTrust Bank
                                   25 Park Place, N. E./Mail Code 3706
                                   Atlanta, Georgia 30303
                                   Attention: John Conley
                                   Telecopy Number: (404) 588-8129

                                      -67-

<PAGE>

     To the Swingline Lender:      SunTrust Bank
                                   Agency Services
                                   303 Peachtree Street, N. E./25th Floor
                                   Atlanta, Georgia 30308
                                   Attention: Ms. Wanda Gregory
                                   Telecopy Number: (404) 658-4906

     To any other Lender:          the address set forth in the Administrative
                                   Questionnaire or the Assignment and
                                   Acceptance Agreement executed by such Lender

Any party hereto may change its address or telecopy number for notices and other
communications hereunder by notice to the other parties hereto. All such notices
and other communications shall, when transmitted by overnight delivery, or
faxed, be effective when delivered for overnight (next-day) delivery, or
transmitted in legible form by facsimile machine, respectively, or if mailed,
upon the third Business Day after the date deposited into the mail or if
delivered, upon delivery; provided, that notices delivered to the Administrative
Agent, the Issuing Bank or the Swingline Lender shall not be effective until
actually received by such Person at its address specified in this Section.

          (ii) Any agreement of the Administrative Agent and the Lenders herein
     to receive certain notices by telephone or facsimile is solely for the
     convenience and at the request of the Borrower. The Administrative Agent
     and the Lenders shall be entitled to rely on the authority of any Person
     purporting to be a Person authorized by the Borrower to give such notice
     and the Administrative Agent and Lenders shall not have any liability to
     the Borrower or other Person on account of any action taken or not taken by
     the Administrative Agent or the Lenders in reliance upon such telephonic or
     facsimile notice. The obligation of the Borrower to repay the Loans and all
     other Obligations hereunder shall not be affected in any way or to any
     extent by any failure of the Administrative Agent and the Lenders to
     receive written confirmation of any telephonic or facsimile notice or the
     receipt by the Administrative Agent and the Lenders of a confirmation which
     is at variance with the terms understood by the Administrative Agent and
     the Lenders to be contained in any such telephonic or facsimile notice.

          (b) ELECTRONIC COMMUNICATIONS.

          (i) Notices and other communications to the Lenders and the Issuing
     Bank hereunder may be delivered or furnished by electronic communication
     (including e~mail and Internet or intranet websites) pursuant to procedures
     approved by Administrative Agent, provided that the foregoing shall not
     apply to notices to any Lender or the Issuing Bank pursuant to Article II
     unless such Lender, the Issuing Bank, as applicable, and Administrative
     Agent have agreed to receive notices under such Section by electronic
     communication and have agreed to the procedures governing such
     communications. Administrative Agent or Borrower may, in its discretion,
     agree to accept notices and other communications to it hereunder by
     electronic communications

                                      -68-

<PAGE>

     pursuant to procedures approved by it; provided that approval of such
     procedures may be limited to particular notices or communications.

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

          SECTION 10.2. WAIVER; AMENDMENTS. (a) No failure or delay by the
Administrative Agent, the Issuing Bank or any Lender in exercising any right or
power hereunder or any other Loan Document, and no course of dealing between the
Borrower and the Administrative Agent or any Lender, shall operate as a waiver
thereof, nor shall any single or partial exercise of any such right or power or
any abandonment or discontinuance of steps to enforce such right or power,
preclude any other or further exercise thereof or the exercise of any other
right or power hereunder or thereunder. The rights and remedies of the
Administrative Agent, the Issuing Bank and the Lenders hereunder and under the
other Loan Documents are cumulative and are not exclusive of any rights or
remedies provided by law. No waiver of any provision of this Agreement or any
other Loan Document or consent to any departure by the Borrower therefrom shall
in any event be effective unless the same shall be permitted by paragraph (b) of
this Section, and then such waiver or consent shall be effective only in the
specific instance and for the purpose for which given. Without limiting the
generality of the foregoing, the making of a Loan or the issuance of a Letter of
Credit shall not be construed as a waiver of any Default or Event of Default,
regardless of whether the Administrative Agent, any Lender or the Issuing Bank
may have had notice or knowledge of such Default or Event of Default at the
time.

          (b) No amendment or waiver of any provision of this Agreement or the
other Loan Documents, nor consent to any departure by the Borrower therefrom,
shall in any event be effective unless the same shall be in writing and signed
by the Borrower and the Required Lenders or the Borrower and the Administrative
Agent with the consent of the Required Lenders (and, if the Administrative Agent
executes and delivers any such amendment, waiver or consent which states that it
is being provided by the Administrative Agent in its capacity as such with the
consent of the Required Lenders, the Borrower shall be entitled to rely thereon)
and then such waiver or consent shall be effective only in the specific instance
and for the specific purpose for which given; provided, that no amendment or
waiver shall: (i) increase the Commitment of any Lender without the written
consent of such Lender, (ii) reduce the principal amount of any Loan or LC
Disbursement or reduce the rate of interest thereon, or reduce any fees payable
hereunder, without the written consent of each Lender affected thereby, (iii)
postpone the date fixed for any payment of any principal of, or interest on, any
Loan or LC Disbursement or interest thereon or any fees hereunder or reduce the
amount of, waive or excuse any such payment, or postpone the

                                      -69-

<PAGE>

scheduled date for the termination or reduction of any Commitment, without the
written consent of each Lender affected thereby, (iv) change Section 2.21 (b) or
(c) in a manner that would alter the pro rata sharing of payments required
thereby , without the written consent of each Lender, (v) change any of the
provisions of this Section or the definition of "Required Lenders" or any other
provision hereof specifying the number or percentage of Lenders which are
required to waive, amend or modify any rights hereunder or make any
determination or grant any consent hereunder, without the consent of each
Lender; (vi) release any guarantor or limit the liability of any such guarantor
under any guaranty agreement, without the written consent of each Lender; (vii)
release all or substantially all collateral (if any) securing any of the
Obligations or agree to subordinate any Lien in such collateral to any other
creditor of the Borrower or any Subsidiary, without the written consent of each
Lender; provided further, that no such agreement shall amend, modify or
otherwise affect the rights, duties or obligations of the Administrative Agent,
the Swingline Lender or the Issuing Bank without the prior written consent of
such Person. Notwithstanding anything contained herein to the contrary, this
Agreement may be amended and restated without the consent of any Lender (but
with the consent of the Borrower and the Administrative Agent) if, upon giving
effect to such amendment and restatement, such Lender shall no longer be a party
to this Agreement (as so amended and restated), the Commitments of such Lender
shall have terminated (but such Lender shall continue to be entitled to the
benefits of Sections 2.18, 2.19, 2.20 and 10.3), such Lender shall have no other
commitment or other obligation hereunder and shall have been paid in full all
principal, interest and other amounts owing to it or accrued for its account
under this Agreement.

          SECTION 10.3. EXPENSES; INDEMNIFICATION. (a) The Borrower shall pay
(i) all reasonable, out-of-pocket costs and expenses of the Administrative Agent
and its Affiliates, including the reasonable fees, charges and disbursements of
counsel for the Administrative Agent and its Affiliates, in connection with the
syndication of the credit facilities provided for herein, the preparation and
administration of the Loan Documents and any amendments, modifications or
waivers thereof (whether or not the transactions contemplated in this Agreement
or any other Loan Document shall be consummated), (ii) all reasonable
out-of-pocket expenses incurred by the Issuing Bank in connection with the
issuance, amendment, renewal or extension of any Letter of Credit or any demand
for payment thereunder and (iii) all out-of-pocket costs and expenses
(including, without limitation, the reasonable fees, charges and disbursements
of outside counsel and the allocated cost of inside counsel) incurred by the
Administrative Agent, the Issuing Bank or any Lender in connection with the
enforcement or protection of its rights in connection with this Agreement,
including its rights under this Section, or in connection with the Loans made or
any Letters of Credit issued hereunder, including all such out-of-pocket
expenses incurred during any workout, restructuring or negotiations in respect
of such Loans or Letters of Credit.

          (b) The Borrower shall indemnify the Administrative Agent, Issuing
Bank, each Lender and each Related Party of any of the foregoing (each, an
"Indemnitee") against, and hold each Indemnitee harmless from, any and all
costs, losses, liabilities, claims, damages and related expenses, including the
fees, charges and disbursements of any counsel for any Indemnitee, which may be
incurred by any Indemnitee or asserted against any Indemnitee by any Loan Party
or any third party arising out of, in connection with, or as a result of (i) the
execution or delivery of this Agreement or any agreement or instrument
contemplated hereby, the performance by the parties hereto or thereto of their
respective obligations hereunder or thereunder or the

                                      -70-

<PAGE>

consummation of the transactions contemplated hereby or thereby, (ii) any Loan
or Letter of Credit or any actual or proposed use of the proceeds therefrom
(including any refusal by the Issuing Bank to honor a demand for payment under a
Letter of Credit if the documents presented in connection with such demand do
not strictly comply with the terms of such Letter of Credit), (iii) any actual
or alleged presence or release of Hazardous Materials on or from any property
owned by the Borrower or any Subsidiary, or any Environmental Liability related
in any way to the Borrower or any Subsidiary, or (iv) any actual or prospective
claim, litigation, investigation or proceeding relating to any of the foregoing,
whether based on contract, tort or any other theory, whether brought by a third
party or by the Borrower or any other Loan Party, and regardless of whether any
Indemnitee is a party thereto, provided that such indemnity shall not, as to any
Indemnitee, be available to the extent that such losses, claims, damages,
liabilities or related expenses (x) are determined by a court of competent
jurisdiction by final and nonappealable judgment to have resulted from the gross
negligence or willful misconduct of such Indemnitee or (y) result from a claim
brought by the Borrower or any other Loan Party against an Indemnitee for breach
in bad faith of such Indemnitee's obligations hereunder or under any other Loan
Document, if the Borrower or such Loan Party has obtained a final and
nonappealable judgment in its favor on such claim as determined by a court of
competent jurisdiction.

          (c) The Borrower shall pay, and hold the Administrative Agent and each
of the Lenders harmless from and against, any and all present and future stamp,
documentary, and other similar taxes with respect to this Agreement and any
other Loan Documents, any collateral described therein, or any payments due
thereunder, and save the Administrative Agent and each Lender harmless from and
against any and all liabilities with respect to or resulting from any delay or
omission to pay such taxes.

          (d) To the extent that the Borrower fails to pay any amount required
to be paid to the Administrative Agent, the Issuing Bank or the Swingline Lender
under clauses (a), (b) or (c) hereof, each Lender severally agrees to pay to the
Administrative Agent, the Issuing Bank or the Swingline Lender, as the case may
be, such Lender's Pro Rata Share (determined as of the time that the
unreimbursed expense or indemnity payment is sought) of such unpaid amount;
provided, that the unreimbursed expense or indemnified payment, claim, damage,
liability or related expense, as the case may be, (i) was incurred by or
asserted against the Administrative Agent, the Issuing Bank or the Swingline
Lender in its capacity as such and (ii) did not arise solely out of the gross
negligence or willful misconduct of the Administrative Agent, the Issuing Bank
or the Swingline Lender as determined by a court of competent jurisdiction in a
final and nonappealable judgment.

          (e) To the extent permitted by applicable law, the Borrower shall not
assert, and hereby waives, any claim against any Indemnitee, on any theory of
liability, for special, indirect, consequential or punitive damages (as opposed
to actual or direct damages) arising out of, in connection with or as a result
of, this Agreement or any agreement or instrument contemplated hereby, the
transactions contemplated therein, any Loan or any Letter of Credit or the use
of proceeds thereof.

          (f) All amounts due under this Section shall be payable promptly after
written demand therefor.

                                      -71-

<PAGE>

          SECTION 10.4. SUCCESSORS AND ASSIGNS. (a) The provisions of this
Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and assigns permitted hereby, except that the
Borrower may not assign or otherwise transfer any of its rights or obligations
hereunder without the prior written consent of each Lender (and any attempted
assignment or transfer by the Borrower without such consent shall be null and
void). Nothing in this Agreement, expressed or implied, shall be construed to
confer upon any Person (other than the parties hereto, their respective
successors and assigns permitted hereby, Participants to the extent provided in
paragraph (d) of this Section and, to the extent expressly contemplated hereby,
the Related Parties of each of the Administrative Agent and the Lenders) any
legal or equitable right, remedy or claim under or by reason of this Agreement.

          (b) Any Lender may assign to one or more Eligible Assignees all or a
portion of its rights and obligations under this Agreement (including all or a
portion of its Commitment and the Loans at the time owing to it); provided that
(i) except in the case of an assignment of the entire remaining amount of the
assigning Lender's Commitment and the Loans at the time owing to it or in the
case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund
with respect to a Lender, the aggregate amount of the Commitment (which for this
purpose includes Loans outstanding thereunder) of the assigning Lender subject
to each such assignment (determined as of the date the Assignment and Acceptance
with respect to such assignment is delivered to the Administrative Agent) shall
not be less than $1,000,000, in the case of any assignment of a Revolving Loan
or reimbursement obligation of outstanding Letters of Credit, unless each of the
Administrative Agent and, so long as no Event of Default has occurred and is
continuing, the Borrower otherwise consents (each such consent not to be
unreasonably withheld or delayed), (ii) each partial assignment shall be made as
an assignment of a proportionate part of all the assigning Lender's rights and
obligations under this Agreement with respect to the Loan or the Commitment
assigned, and (iii) the parties to each assignment shall execute and deliver to
the Administrative Agent an Assignment and Acceptance, together with a
processing and recordation fee of $3,000, and the Eligible Assignee, if it shall
not be a Lender, shall deliver to the Administrative Agent an Administrative
Questionnaire. Upon (i) the execution and delivery of the Assignment and
Acceptance by the assigning Lender and assignee Lender, (ii) acceptance and
recording thereof by the Administrative Agent pursuant to paragraph (c) of this
Section, (iii) consent thereof from the Borrower to the extent required pursuant
to this clause (b) and (iv) if such assignee Lender is a Foreign Lender,
compliance by such Person with Section 2.20(e), from and after the effective
date specified in each Assignment and Acceptance, the Eligible Assignee
thereunder shall be a party hereto and, to the extent of the interest assigned
by such Assignment and Acceptance, have the rights and obligations of a Lender
under this Agreement, and the assigning Lender thereunder shall, to the extent
of the interest assigned by such Assignment and Acceptance, be released from its
obligations under this Agreement (and, in the case of an Assignment and
Acceptance covering all of the assigning Lender's rights and obligations under
this Agreement, such Lender shall cease to be a party hereto but shall continue
to be entitled to the benefits of Sections 2.18, 2.19, 2.20 and 10.3. Any
assignment or transfer by a Lender of rights or obligations under this Agreement
that does not comply with this paragraph shall be treated for purposes of this
Agreement as a sale by such Lender of a participation in such rights and
obligations in accordance with paragraph (d) of this Section.

          (c) The Administrative Agent shall maintain at one of its offices in
Atlanta, Georgia a register for the recordation of the names and addresses of
the Lenders, and the

                                      -72-

<PAGE>

Commitments of, and principal amount of the Loans and Revolving Credit Exposure
owing to, each Lender pursuant to the terms hereof from time to time (the
"Register"). Information contained in the Register with respect to any Lender
shall be available for inspection by such Lender at any reasonable time and from
time to time upon reasonable prior notice; information contained in the Register
shall also be available for inspection by the Borrower at any reasonable time
and from time to time upon reasonable prior notice. The Administrative Agent
shall record, or shall cause to be recorded, in the Register the Commitments,
the Loans and the Revolving Credit Exposure in accordance with the provisions of
Section 10.6, and each repayment or prepayment in respect of the principal
amount of the Loans and Revolving Credit Exposure, and any such recordation
shall be conclusive and binding on Company and each Lender, absent manifest
error; provided, failure to make any such recordation, or any error in such
recordation, shall not affect any Lender's Commitment or the Obligations in
respect of any Loan or Revolving Credit Exposure. In establishing and
maintaining the Register, Administrative Agent shall serve as Company's agent
solely for tax purposes and solely with respect to the actions described in this
Section, and the Borrower hereby agrees that, to the extent SunTrust Bank serves
in such capacity, SunTrust Bank and its officers, directors, employees, agents,
sub-agents and affiliates shall constitute "Indemnitees."

          (d) Any Lender may without the consent of, or notice to, the Borrower,
the Administrative Agent, the Swingline Lender or the Issuing Bank sell
participations to one or more banks or other entities (a "Participant") in all
or a portion of such Lender's rights and/or obligations under this Agreement
(including all or a portion of its Commitment and/or the Loans owing to it);
provided that (i) such Lender's obligations under this Agreement shall remain
unchanged, (ii) such Lender shall remain solely responsible to the other parties
hereto for the performance of such obligations and (iii) the Borrower, the
Administrative Agent, the Swingline Lender, the Issuing Bank and the other
Lenders shall continue to deal solely and directly with such Lender in
connection with such Lender's rights and obligations under this Agreement. Any
agreement or instrument pursuant to which a Lender sells such a participation
shall provide that such Lender shall retain the sole right to enforce this
Agreement and to approve any amendment, modification or waiver of any provision
of this Agreement; provided that such agreement or instrument may provide that
such Lender will not, without the consent of the Participant, agree to any
amendment, modification or waiver with respect to the following to the extent
affecting such Participant: (i) increase the Commitment of any Lender without
the written consent of such Lender, (ii) reduce the principal amount of any Loan
or LC Disbursement or reduce the rate of interest thereon, or reduce any fees
payable hereunder, without the written consent of each Lender affected thereby,
(iii) postpone the date fixed for any payment of any principal of, or interest
on, any Loan or LC Disbursement or interest thereon or any fees hereunder or
reduce the amount of, waive or excuse any such payment, or postpone the
scheduled date for the termination or reduction of any Commitment, without the
written consent of each Lender affected thereby, (iv) change Section 2.21(b) or
(c) in a manner that would alter the pro rata sharing of payments required
thereby , without the written consent of each Lender, (v) change any of the
provisions of this Section or the definition of "Required Lenders" or any other
provision hereof specifying the number or percentage of Lenders which are
required to waive, amend or modify any rights hereunder or make any
determination or grant any consent hereunder, without the consent of each
Lender; (vi) release any guarantor or limit the liability of any such guarantor
under any guaranty agreement without the written consent of each Lender except
to the extent such release is expressly provided under the terms of the Guaranty

                                      -73-

<PAGE>

Agreement; or (vii) release all or substantially all collateral (if any)
securing any of the Obligations. Subject to paragraph (e) of this Section, the
Borrower agrees that each Participant shall be entitled to the benefits of
Sections 2.18, 2.19, and 2.20 to the same extent as if it were a Lender and had
acquired its interest by assignment pursuant to paragraph (b) of this Section.
To the extent permitted by law, each Participant also shall be entitled to the
benefits of Section 10.7 as though it were a Lender, provided such Participant
agrees to be subject to Section 10.7 as though it were a Lender.

          (e) A Participant shall not be entitled to receive any greater payment
under Section 2.18 and Section 2.20 than the applicable Lender would have been
entitled to receive with respect to the participation sold to such Participant,
unless the sale of the participation to such Participant is made with the
Borrower's prior written consent. A Participant that would be a Foreign Lender
if it were a Lender shall not be entitled to the benefits of Section 2.20 unless
the Borrower is notified of the participation sold to such Participant and such
Participant agrees, for the benefit of the Borrower, to comply with Section
2.20(e) as though it were a Lender.

          (f) Any Lender may at any time pledge or assign a security interest in
all or any portion of its rights under this Agreement to secure obligations of
such Lender, including without limitation any pledge or assignment to secure
obligations to a Federal Reserve Bank; provided that no such pledge or
assignment of a security interest shall release a Lender from any of its
obligations hereunder or substitute any such pledgee or assignee for such Lender
as a party hereto.

          SECTION 10.5. GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF
PROCESS.

          (a) This Agreement and the other Loan Documents shall be construed in
accordance with and be governed by the law (without giving effect to the
conflict of law principles thereof) of the State of New York.

          (b) The Borrower hereby irrevocably and unconditionally submits, for
itself and its property, to the non-exclusive jurisdiction of the United States
District Court of the Southern District of New York, and of any state court of
the State of Supreme Court of the State of New York sitting in New York county
and any appellate court from any thereof, in any action or proceeding arising
out of or relating to this Agreement or any other Loan Document or the
transactions contemplated hereby or thereby, or for recognition or enforcement
of any judgment, and each of the parties hereto hereby irrevocably and
unconditionally agrees that all claims in respect of any such action or
proceeding may be heard and determined in such New York state court or, to the
extent permitted by applicable law, such Federal court. Each of the parties
hereto agrees that a final judgment in any such action or proceeding shall be
conclusive and may be enforced in other jurisdictions by suit on the judgment or
in any other manner provided by law. Nothing in this Agreement or any other Loan
Document shall affect any right that the Administrative Agent, the Issuing Bank
or any Lender may otherwise have to bring any action or proceeding relating to
this Agreement or any other Loan Document against the Borrower or its properties
in the courts of any jurisdiction.

          (c) The Borrower irrevocably and unconditionally waives any objection
which it may now or hereafter have to the laying of venue of any such suit,
action or proceeding described in paragraph (b) of this Section and brought in
any court referred to in paragraph (b) of

                                      -74-

<PAGE>

this Section. Each of the parties hereto irrevocably waives, to the fullest
extent permitted by applicable law, the defense of an inconvenient forum to the
maintenance of such action or proceeding in any such court.

          (d) Each party to this Agreement irrevocably consents to the service
of process in the manner provided for notices in Section 10.1. Nothing in this
Agreement or in any other Loan Document will affect the right of any party
hereto to serve process in any other manner permitted by law.

          SECTION 10.6. WAIVER OF JURY TRIAL. EACH PARTY HERETO IRREVOCABLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE
TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF
THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH
PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY
OTHER 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 PARTIES HERETO HAVE BEEN INDUCED TO ENTER
INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE
MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

          SECTION 10.7. RIGHT OF SETOFF. In addition to any rights now or
hereafter granted under applicable law and not by way of limitation of any such
rights, each Lender and the Issuing Bank shall have the right, at any time or
from time to time upon the occurrence and during the continuance of an Event of
Default, without prior notice to the Borrower, any such notice being expressly
waived by the Borrower to the extent permitted by applicable law, to set off and
apply against all deposits (general or special, time or demand, provisional or
final) of the Borrower at any time held or other obligations at any time owing
by such Lender and the Issuing Bank to or for the credit or the account of the
Borrower against any and all Obligations held by such Lender or the Issuing
Bank, as the case may be, irrespective of whether such Lender or the Issuing
Bank shall have made demand hereunder and although such Obligations may be
unmatured. Each Lender and the Issuing Bank agree promptly to notify the
Administrative Agent and the Borrower after any such set-off and any application
made by such Lender and the Issuing Bank, as the case may be; provided, that the
failure to give such notice shall not affect the validity of such set-off and
application. Each Lender and the Issuing Bank agrees to apply all amounts
collected from any such set-off to the Obligations before applying such amounts
to any other Indebtedness or other obligations owed by the Borrower and any of
its Subsidiaries to such Lender or Issuing Bank.

          SECTION 10.8. COUNTERPARTS; INTEGRATION. This Agreement may be
executed by one or more of the parties to this Agreement on any number of
separate counterparts (including by telecopy), and all of said counterparts
taken together shall be deemed to constitute one and the same instrument. This
Agreement, the Fee Letter, the other Loan Documents, and any separate letter
agreement(s) relating to any fees payable to the Administrative Agent constitute
the entire

                                      -75-

<PAGE>

agreement among the parties hereto and thereto regarding the subject matters
hereof and thereof and supersede all prior agreements and understandings, oral
or written, regarding such subject matters.

          SECTION 10.9. SURVIVAL. All covenants, agreements, representations and
warranties made by the Borrower herein and in the certificates or other
instruments delivered in connection with or pursuant to this Agreement shall be
considered to have been relied upon by the other parties hereto and shall
survive the execution and delivery of this Agreement and the making of any Loans
and issuance of any Letters of Credit, regardless of any investigation made by
any such other party or on its behalf and notwithstanding that the
Administrative Agent, the Issuing Bank or any Lender may have had notice or
knowledge of any Default or incorrect representation or warranty at the time any
credit is extended hereunder, and shall continue in full force and effect as
long as the principal of or any accrued interest on any Loan or any fee or any
other amount payable under this Agreement is outstanding and unpaid or any
Letter of Credit is outstanding and so long as the Commitments have not expired
or terminated. The provisions of Sections 2.18, 2.19, 2.20, and 10.3 and Article
IX shall survive and remain in full force and effect regardless of the
consummation of the transactions contemplated hereby, the repayment of the
Loans, the expiration or termination of the Letters of Credit and the
Commitments or the termination of this Agreement or any provision hereof. All
representations and warranties made herein, in the certificates, reports,
notices, and other documents delivered pursuant to this Agreement shall survive
the execution and delivery of this Agreement and the other Loan Documents, and
the making of the Loans and the issuance of the Letters of Credit.

          SECTION 10.10. SEVERABILITY. Any provision of this Agreement or any
other Loan Document held to be illegal, invalid or unenforceable in any
jurisdiction, shall, as to such jurisdiction, be ineffective to the extent of
such illegality, invalidity or unenforceability without affecting the legality,
validity or enforceability of the remaining provisions hereof or thereof; and
the illegality, invalidity or unenforceability of a particular provision in a
particular jurisdiction shall not invalidate or render unenforceable such
provision in any other jurisdiction.

          SECTION 10.11. CONFIDENTIALITY. Each of the Administrative Agent, the
Issuing Bank and each Lender agrees to take normal and reasonable precautions to
maintain the confidentiality of any information designated in writing as
confidential and provided to it by the Borrower or any Subsidiary, except that
such information may be disclosed (i) to any Related Party of the Administrative
Agent, the Issuing Bank or any such Lender, including without limitation
accountants, legal counsel and other advisors, (ii) to the extent required by
applicable laws or regulations or by any subpoena or similar legal process,
(iii) to the extent requested by any regulatory agency or authority, (iv) to the
extent that such information becomes publicly available other than as a result
of a breach of this Section, or which becomes available to the Administrative
Agent, the Issuing Bank, any Lender or any Related Party of any of the foregoing
on a non-confidential basis from a source other than the Borrower, (v) in
connection with the exercise of any remedy hereunder or any suit, action or
proceeding relating to this Agreement or the enforcement of rights hereunder,
(vi) subject to provisions substantially similar to this Section, to any actual
or prospective assignee or Participant, or (vii) with the consent of the
Borrower. Any Person required to maintain the confidentiality of any information
as provided for in this Section shall be considered to have complied with its
obligation to do so if such

                                      -76-

<PAGE>

Person has exercised the same degree of care to maintain the confidentiality of
such information as such Person would accord its own confidential information.

          SECTION 10.12. INTEREST RATE LIMITATION. Notwithstanding anything
herein to the contrary, if at any time the interest rate applicable to any Loan,
together with all fees, charges and other amounts which may be treated as
interest on such Loan under applicable law (collectively, the "Charges"), shall
exceed the maximum lawful rate of interest (the "Maximum Rate") which may be
contracted for, charged, taken, received or reserved by a Lender holding such
Loan in accordance with applicable law, the rate of interest payable in respect
of such Loan hereunder, together with all Charges payable in respect thereof,
shall be limited to the Maximum Rate and, to the extent lawful, the interest and
Charges that would have been payable in respect of such Loan but were not
payable as a result of the operation of this Section shall be cumulated and the
interest and Charges payable to such Lender in respect of other Loans or periods
shall be increased (but not above the Maximum Rate therefor) until such
cumulated amount, together with interest thereon at the Federal Funds Rate to
the date of repayment, shall have been received by such Lender.

          SECTION 10.13. WAIVER OF EFFECT OF CORPORATE SEAL. The Borrower
represents and warrants that neither it nor any other Loan Party is required to
affix its corporate seal to this Agreement or any other Loan Document pursuant
to any requirement of law or regulation, agrees that this Agreement is delivered
by Borrower under seal and waives any shortening of the statute of limitations
that may result from not affixing the corporate seal to this Agreement or such
other Loan Documents.

          SECTION 10.14. PATRIOT ACT. The Administrative Agent and each Lender
hereby notifies the Loan Parties that pursuant to the requirements of the USA
PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001))
(the "Patriot Act"), it is required to obtain, verify and record information
that identifies each Loan Party, which information includes the name and address
of such Loan Party and other information that will allow such Lender or the
Administrative Agent, as applicable, to identify such Loan Party in accordance
with the Patriot Act. Each Loan Party shall, and shall cause each of its
Subsidiaries to, provide to the extent commercially reasonable, such information
and take such other actions as are reasonably requested by the Administrative
Agent or any Lender in order to assist the Administrative Agent and the Lenders
in maintaining compliance with the Patriot Act.

                  (remainder of page left intentionally blank)

                                      -77-

<PAGE>

          IN WITNESS WHEREOF, the parties hereto have caused this Agreement to
be duly executed, under seal in the case of Holdings and the Borrower, by their
respective authorized officers as of the day and year first above written.

                                        BORROWER:

                                        SWIFT TRANSPORTATION CO., INC., an
                                        Arizona corporation

                                        By:                                 L.S.
                                            -------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                        HOLDINGS:

                                        SWIFT TRANSPORTATION CO., INC., a
                                        Nevada corporation

                                        By:                                 L.S.
                                            -------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        SUNTRUST BANK AS ADMINISTRATIVE AGENT,
                                        AS ISSUING BANK, AS SWINGLINE LENDER AND
                                        AS A LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        WELLS FARGO BANK, NATIONAL ASSOCIATION,
                                        AS A CO-SYNDICATION AGENT AND AS A
                                        LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        KEYBANK NATIONAL ASSOCIATION, AS A
                                        CO-SYNDICATION AGENT AND AS A LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        U.S. BANK NATIONAL ASSOCIATION, AS A
                                        CO-DOCUMENTATION AGENT AND AS A LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        LASALLE BANK NATIONAL ASSOCIATION, AS A
                                        CO-DOCUMENTATION AGENT AND AS A LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        PNC BANK, NATIONAL ASSOCIATION, AS A
                                        LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        THE BANK OF TOKYO-MITSUBISHI, LTD., AS A
                                        LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        BNP PARIBAS, AS A LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        COMMERZBANK AG, NEW YORK AND
                                        GRAND CAYMAN BRANCHES, AS A LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        SUMITOMO MITSUI BANKING CORPORATION, AS
                                        A LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        BRANCH BANKING AND TRUST COMPANY, AS A
                                        LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        THE NORINCHUKIN BANK, NEW YORK BRANCH,
                                        AS A LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        UMB BANK ARIZONA, N.A., AS A LENDER

                                        By:
                                            ------------------------------------
                                        Name: Mark E. Peterson
                                        Title: President

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        BANK HAPOALIM B.M., AS A LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                        CHINATRUST COMMERCIAL BANK, NEW YORK
                                        BRANCH, AS A LENDER

                                        By:
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                 [SIGNATURE PAGE TO SECOND AMENDED AND RESTATED
                           REVOLVING CREDIT AGREEMENT]

<PAGE>

                                     ANNEX I

                              REVOLVING COMMITMENTS

<TABLE>
<CAPTION>
Lender                                      Amount
------                                   ------------
<S>                                      <C>
SUNTRUST BANK                            $ 64,000,000

WELLS FARGO BANK, NATIONAL ASSOCIATION   $ 53,500,000

KEYBANK NATIONAL ASSOCIATION             $ 53,500,000

U.S. BANK NATIONAL ASSOCATION            $ 53,500,000

LASALLE BANK NATIONAL ASSOCIATION        $ 53,500,000

PNC BANK, NATIONAL ASSOCIATION           $ 45,000,000

THE BANK OF TOKYO-MITSUBISHI, LTD.       $ 45,000,000

BNP PARIBAS                              $ 35,000,000

COMMERZBANK AG, NEW YORK AND GRAND
   CAYMAN BRANCHES                       $ 35,000,000

SUMITOMO MITSUI BANKING CORPORATION      $ 35,000,000

BRANCH BANKING AND TRUST COMPANY         $ 20,000,000

THE NORINCHUKIN BANK, NEW YORK BRANCH    $ 20,000,000

UMB BANK ARIZONA, N.A.                   $ 20,000,000

BANK HAPOALIM B.M.                       $ 10,000,000

CHINATRUST COMMERCIAL BANK, NEW YORK
   BRANCH                                $  7,000,000
                                         ------------
                                         $550,000,000
</TABLE>

<PAGE>

                                   SCHEDULE I
                   APPLICABLE MARGIN AND APPLICABLE PERCENTAGE

<TABLE>
<CAPTION>
                                     Applicable Margin      Applicable
Pricing                                for Eurodollar     Percentage for
Level         Leverage Ratio               Loans          Commitment Fee
-------   ------------------------   -----------------   ----------------
<S>       <C>                        <C>                 <C>
    I     Less than 1.00:1.00         0.400% per annum   0.080% per annum
   II     Less than 1.50:1.00 but
          greater than or equal to
          1.00:1.00                   0.500% per annum   0.10% per annum
  III     Less than 2.00:1.00 but
          greater than or equal to
          1.50:1.00                   0.625% per annum   0.125% per annum
   IV     Less than 2.50:1.00 but
          greater than or equal to
          2.00:1.00                   0.750% per annum   0.150% per annum
    V     Greater than or equal to
          2.50:1.00                   1.000% per annum   0.175% per annum
</TABLE>

<PAGE>

                                  SCHEDULE 1.1

                           EXISTING LETTERS OF CREDIT

<TABLE>
<CAPTION>
  L/C                                            EFFECTIVE   EXPIRATION
NUMBER   APPLICANT   BENEFICIARY   ISSUE DATE       DATE        DATE      AMOUNT
------   ---------   -----------   -----------   ---------   ----------   ------
<S>      <C>         <C>           <C>           <C>         <C>          <C>

</TABLE>

<PAGE>

                                  SCHEDULE 4.5

                              ENVIRONMENTAL MATTERS

                                      NONE

<PAGE>

                                  SCHEDULE 4.14

                                  SUBSIDIARIES

<TABLE>
<CAPTION>
                                                                           PERCENTAGE
                                                                           OWNERSHIP
                                                     DIRECT OR INDIRECT    INTEREST OF
                                                         SUBSIDIARY       HOLDINGS AND
NAME OF SUBSIDIARY   TYPE OF ENTITY   JURISDICTION       OF HOLDINGS      SUBSIDIARIES
------------------   --------------   ------------   ------------------   ------------
<S>                  <C>              <C>            <C>                  <C>

</TABLE>

<PAGE>

                                  SCHEDULE 7.1

                            OUTSTANDING INDEBTEDNESS

<PAGE>

                                  SCHEDULE 7.2

                                 EXISTING LIENS

<PAGE>

                                  SCHEDULE 7.4

                              EXISTING INVESTMENTS<PAGE>
                                                                   Exhibit 10.21

================================================================================

                 AMENDED AND RESTATED RECEIVABLES SALE AGREEMENT

                          DATED AS OF DECEMBER 21, 2005

                                      AMONG

                         SWIFT RECEIVABLES CORPORATION,
                                 AS THE SELLER,

                        SWIFT TRANSPORTATION CORPORATION,
                        AS THE INITIAL COLLECTION AGENT,

                               ABN AMRO BANK N.V.,
               AS THE AGENT AND AS THE AMSTERDAM PURCHASER AGENT,

                            SUNTRUST CAPITAL MARKETS,
                AS THE THREE PILLARS FUNDING LLC PURCHASER AGENT,

            THE OTHER PURCHASER AGENTS FROM TIME TO TIME PARTY HERETO

                           THE RELATED BANK PURCHASERS
                         FROM TIME TO TIME PARTY HERETO,

                           THREE PILLARS FUNDING LLC,
                             AS A CONDUIT PURCHASER,

                         AMSTERDAM FUNDING CORPORATION,
                             AS A CONDUIT PURCHASER

                                       AND

           THE OTHER CONDUIT PURCHASERS FROM TIME TO TIME PARTY HERETO

================================================================================

<PAGE>

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                            PAGE
                                                                            ----
<S>                                                                         <C>
ARTICLE I          PURCHASES FROM SELLER AND SETTLEMENTS.................     1
   Section 1.1.    Sales.................................................     1
   Section 1.2.    Interim Liquidations..................................     4
   Section 1.3.    Selection of Discount Rates and Tranche Periods.......     4
   Section 1.4.    Fees and Other Costs and Expenses.....................     5
   Section 1.5.    Maintenance of Sold Interest; Deemed Collection.......     5
   Section 1.6.    Reduction in Commitments..............................     6
   Section 1.7.    Optional Repurchases..................................     6
   Section 1.8.    Assignment of Purchase Agreement......................     7

ARTICLE II         SALES TO AND FROM CONDUIT PURCHASERS; ALLOCATIONS.....     7
   Section 2.1.    Required Purchases from a Conduit Purchaser...........     7
   Section 2.2.    Purchases by a Conduit Purchaser......................     7
   Section 2.3.    Allocations and Distributions.........................     8

ARTICLE III        ADMINISTRATION AND COLLECTIONS........................     9
   Section 3.1.    Appointment of Collection Agent.......................     9
   Section 3.2.    Duties of Collection Agent............................    10
   Section 3.3.    Reports...............................................    11
   Section 3.4.    Lock-Box Arrangements.................................    11
   Section 3.5.    Enforcement Rights....................................    11
   Section 3.6.    Collection Agent Fee..................................    12
   Section 3.7.    Responsibilities of the Seller........................    12
   Section 3.8.    Actions by Seller.....................................    12
   Section 3.9.    Indemnities by the Collection Agent...................    12

ARTICLE IV         REPRESENTATIONS AND WARRANTIES........................    13
   Section 4.1.    Representations and Warranties........................    13

ARTICLE V          COVENANTS.............................................    15
   Section 5.1.    Covenants of the Seller...............................    15

ARTICLE VI         INDEMNIFICATION.......................................    19
   Section 6.1.    Indemnities by the Seller.............................    19
   Section 6.2.    Increased Cost and Reduced Return.....................    21
   Section 6.3.    Other Costs and Expenses..............................    22
   Section 6.4.    Withholding Taxes.....................................    22
   Section 6.5.    Payments and Allocations..............................    22
</TABLE>

<PAGE>

<TABLE>
<S>                                                                          <C>
ARTICLE VII        CONDITIONS PRECEDENT..................................    23
   Section 7.1.    Conditions to Closing.................................    23
   Section 7.2.    Conditions to Each Purchase...........................    24

ARTICLE VIII       THE AGENT.............................................    24
   Section 8.1.    Appointment and Authorization.........................    24
   Section 8.2.    Delegation of Duties..................................    25
   Section 8.3.    Exculpatory Provisions................................    25
   Section 8.4.    Reliance by Agent.....................................    26
   Section 8.5.    Assumed Payments......................................    26
   Section 8.6.    Notice of Termination Events..........................    27
   Section 8.7.    Non-Reliance on Agent, Purchaser Agents and Other
                      Purchasers.........................................    27
   Section 8.8.    Agents and Affiliates.................................    28
   Section 8.9.    Indemnification.......................................    28
   Section 8.10.   Successor Agent.......................................    28

ARTICLE IX         MISCELLANEOUS.........................................    28
   Section 9.1.    Termination...........................................    28
   Section 9.2.    Notices...............................................    29
   Section 9.3.    Payments and Computations.............................    29
   Section 9.4.    Sharing of Recoveries.................................    29
   Section 9.5.    Right of Setoff.......................................    30
   Section 9.6.    Amendments............................................    30
   Section 9.7.    Waivers...............................................    30
   Section 9.8.    Successors and Assigns; Participations; Assignments...    31
   Section 9.9.    Intended Tax Characterization.........................    32
   Section 9.10.   Confidentiality.......................................    33
   Section 9.11.   Agreement Not to Petition.............................    33
   Section 9.12.   Excess Funds..........................................    33
   Section 9.13.   No Recourse...........................................    34
   Section 9.14.   Headings; Counterparts................................    34
   Section 9.15.   Cumulative Rights and Severability....................    34
   Section 9.16.   Governing Law; Submission to Jurisdiction.............    34
   Section 9.17.   WAIVER OF TRIAL BY JURY...............................    34
   Section 9.18.   Entire Agreement......................................    34
   Section 9.19    Seller Address Change.................................    35
</TABLE>

                                      -ii-

<PAGE>

<TABLE>
<CAPTION>
SCHEDULES     DESCRIPTION
---------     -----------
<S>           <C>
Schedule I    Definitions
Schedule II   Related Bank Purchasers and Commitments of Related Bank Purchasers
</TABLE>

<TABLE>
<CAPTION>
EXHIBITS    DESCRIPTION
--------    -----------
<S>         <C>
Exhibit A   Form of Incremental Purchase Request
Exhibit B   Form of Periodic Report
Exhibit C   Addresses and Names of Seller and Originator
Exhibit D   Subsidiaries
Exhibit E   Lock-Boxes and Lock-Box Banks
Exhibit F   Form of Lock-Box Letter
Exhibit G   Compliance Certificate
Exhibit H   Credit and Collection Policy
</TABLE>

                                      -iii-

<PAGE>

                 AMENDED AND RESTATED RECEIVABLES SALE AGREEMENT

          AMENDED AND RESTATED RECEIVABLES SALE AGREEMENT, dated as of December
21, 2005, among Swift Receivables Corporation, a Delaware corporation, as Seller
(the "Seller"), Swift Transportation Corporation, a Nevada corporation, as
initial Collection Agent (the "Initial Collection Agent," and, together with any
successor thereto, the "Collection Agent"), ABN AMRO Bank N.V., as agent for
Amsterdam and the Purchasers (the "Agent"), SunTrust Capital Markets, as the
Three Pillars Purchaser Agent, the Other Purchaser Agents from time to time
party hereto, the related bank purchasers party hereto (the "Related Bank
Purchasers"), Three Pillars Funding LLC ("Three Pillars"), as a Conduit
Purchaser, Amsterdam Funding Corporation ("Amsterdam"), as a Conduit Purchaser
and the other Conduit Purchasers from time to time party hereto. Certain
capitalized terms used herein, and certain rules of construction, are defined in
Schedule I.

          The parties hereto agree as follows:

                                    ARTICLE I
                      PURCHASES FROM SELLER AND SETTLEMENTS

          Reference is made to the Receivables Sale Agreement dated as of
December 30, 1999 (as amended prior to the date hereof, the "Original Sale
Agreement"), among the Seller, the Initial Collection Agent, the Agent, the
Liquidity Providers party thereto, ABN AMRO Bank N.V., as provider of the
Program LOC (the "Enhancer"), and Amsterdam Funding Corporation. The Seller has
requested that (i) a new Conduit Purchaser, Three Pillars Funding LLC and a
Related Bank Purchaser, SunTrust Bank, be added as purchasers (and not as
assignees) under this Agreement and (ii) that certain additional amendments be
made. This Agreement amends and replaces in its entirety the Original Sale
Agreement, and from and after the date hereof, all references to the Original
Sale Agreement in any Transaction Document or in any other instrument or
document shall, without more, be deemed to refer to this Agreement.

          Section 1.1. Sales.

          (a) The Sold Interest. Subject to the terms and conditions hereof, the
Seller may, from time to time before the Termination Date, sell to the Conduit
Purchasers or, only if the Conduit Purchasers decline to make the applicable
purchase, ratably to the Related Bank Purchasers for such Conduit Purchaser of
an undivided percentage ownership interest in the Receivables, the Related
Security and all related Collections. Any such purchase (a "Purchase") shall be
made by each relevant Purchaser remitting funds to the Seller, through its
Purchaser, pursuant to Section 1.1(c) or by the Collection Agent remitting
Collections to the Seller pursuant to Section 1.1(d). The aggregate percentage
ownership interest so acquired by a Purchaser in the Receivables, the Related
Security and related Collections (its "Purchase Interest") shall equal at any
time the following quotient:

<PAGE>

                                   I
                                  --- + PRP
                                   ER

where:

          I   = the outstanding Investment of such Purchaser at such time;

          ER  = the Eligible Receivables Balance at such time; and

          PRP = the Purchaser Reserve Percentage.

Except during a Liquidation Period for a Purchaser, such Purchaser's Purchase
Interest will change whenever its Investment, its Purchaser Reserve Percentage
or the Eligible Receivables Balance changes. During a Liquidation Period for a
Purchaser its Purchase Interest shall remain constant, except for
redeterminations to reflect Investment acquired from or transferred to another
Purchaser under the Transfer Agreement. The sum of all Purchasers' Purchase
Interests at any time is referred to herein as the "Sold Interest", which at any
time is the aggregate percentage ownership interest then held by the Purchasers
in the Receivables, the Related Security and Collections.

          (b) Conduit Purchasers Purchase Option and Other Purchasers'
Commitments. Subject to Section 1.1(d) concerning Reinvestment Purchases, at no
time will the Conduit Purchasers have any obligation to make a Purchase. Each
Related Bank Purchaser severally hereby agrees, subject to Section 7.2 and the
other terms and conditions hereof (including, in the case of an Incremental
Purchase (as defined below), the condition that the related Conduit Purchaser
has refused to make a requested Purchase), to make Purchases before the
Termination Date, based on the applicable Purchaser Group's Ratable Share of
each Purchase (and, in the case of each Related Bank Purchaser, the Commitment
Percentage of its Purchaser Group's Ratable Shares of such Purchase), to the
extent its Investment would not thereby exceed its Commitment, the Aggregate
Investment would not thereby exceed the Purchase Limit, and the Matured
Aggregate Investment would not thereby exceed the Aggregate Commitments. Each
Purchaser's first Purchase and each additional Purchase by such Purchaser not
made from Collections pursuant to Section 1.1(d) is referred to herein as an
"Incremental Purchase." Each Purchase made by a Purchaser with the proceeds of
Collections in which it has a Purchase Interest, which does not increase the
outstanding Investment of such Purchaser, is referred to herein as a
"Reinvestment Purchase." All Purchases hereunder shall be made ratably by each
Purchaser Group in accordance with the Commitment of such Purchaser Group.

          (c) Incremental Purchases. In order to request an Incremental Purchase
from a Purchaser, the Seller must provide to the Agent and each Purchaser Agent
an irrevocable written request (including by telecopier or other facsimile
communication) substantially in the form of Exhibit A, by 10:00 a.m. (Chicago
time) three Business Days before the requested date (the "Purchase Date") of
such Purchase, specifying the requested Purchase Date (which must be a Business
Day) and the requested amount (the "Purchase Amount") of such Purchase, which
must be in a minimum amount of $1,000,000 and multiples thereof (or, if less, an
amount equal

                                      -2-

<PAGE>

to the Maximum Incremental Purchase Amount). All Incremental Purchases must be
requested ratably from all Conduit Purchasers unless upon such request a Conduit
Purchaser, in its sole discretion, determines not to make its Ratable Share of
the requested Incremental Purchase, in which case the Seller may request such
Ratable Share of the Incremental Purchase from the Related Bank Purchasers of
such Conduit Purchaser. Each Purchaser Agent shall promptly notify the related
Purchasers from which a Purchase is requested of the contents of such request.
If such Conduit Purchaser determines, in its sole discretion, to make the
requested Purchase, such Conduit Purchaser shall transfer to the applicable
Purchaser Agent's Account the amount of such Incremental Purchase on the
requested Purchase Date. If such Conduit Purchaser refuses to make a requested
Purchase and the Seller requests the Incremental Purchase from the Related Bank
Purchasers three Business Days before such requested Purchase, subject to
Section 7.2 and the other terms and conditions hereof, each Related Bank
Purchaser shall transfer its Ratable Share of the requested Purchase Amount into
the applicable Purchaser Agent's Account by no later than 11:00 a.m. (Chicago
time) on the Purchase Date (which in no event will be earlier than three
Business Days after such request is made to the Related Bank Purchasers). Each
Purchaser Agent shall transfer to the Seller Account prior to 1:00 p.m. on such
day the proceeds of any Incremental Purchase to the extent of funds actually
received by such Purchaser Agent in such Purchaser Agent's Account prior to
11:00 a.m. on such day.

          (d) Reinvestment Purchases. Unless a Conduit Purchaser has provided to
the Agent, its Purchaser Agent, the Seller, and the Collection Agent a notice
(which notice has not been revoked) that it no longer wishes to make
Reinvestment Purchases (in which case such Conduit Purchaser's Reinvestment
Purchases, but not those of its Related Bank Purchasers, shall cease), on each
day before the Termination Date that any Collections are received by the
Collection Agent and no Interim Liquidation is in effect a Purchaser's Purchase
Interest in such Collections shall automatically be used to make a Reinvestment
Purchase by such Purchaser. A Conduit Purchaser may revoke any notice provided
under the first sentence of this Section 1.1(d) by notifying the Agent, its
Purchaser Agent, the Seller, and the Collection Agent that it will make
Reinvestment Purchases.

          (e) Assignments. Pursuant to the Original Sale Agreement, the
Purchaser Agent for Amsterdam (on behalf of Amsterdam) has from time to time
purchased Receivables which are currently outstanding in the amount of
$245,000,000. The parties hereto are amending and restating the Original Sale
Agreement in order to add Three Pillars as a Conduit Purchaser hereunder,
SunTrust as a Related Bank Purchaser hereunder for Three Pillars and as the
Purchaser Agent for the Three Pillars Purchaser Group. Amsterdam hereby sells
and assigns to Three Pillars, and Three Pillars hereby purchases and assumes
from Amsterdam, a Purchase Interest in the Receivables which are held by the
Purchaser Agent for Amsterdam for the benefit of Amsterdam in the amount of
$102,083,341.50 such that the Purchase Interest of Three Pillars in Receivables
on the date hereof shall each equal such amount and the Purchase Interest of
Amsterdam shall equal $142,916,658.50. Amsterdam represents and warrants that it
is the legal and beneficial owner of the Purchase Interest assigned by it
hereunder and that such Purchase Interest is free and clear of any Adverse Claim
created by the Purchaser Agent for Amsterdam and/or Amsterdam.

                                      -3-

<PAGE>

          (f) Security Interest. To secure all of the Seller's obligations under
the Transaction Documents, the Seller hereby grants to the Agent (for the
benefit of the Purchasers and any other Person to whom any amount is owed
hereunder) a security interest in all of the Seller's rights in the Receivables,
the Related Security, the Collections, and the Lock- Box Accounts and all
proceeds of the foregoing. The security interest granted hereunder shall
terminate on the date the Aggregate Investment is reduced to zero, all other
amounts owing the Agent and the Purchasers have been paid in full and the
Commitments shall have terminated.

          Section 1.2. Interim Liquidations. (a) Optional. The Seller may at any
time direct that Reinvestment Purchases cease and that an Interim Liquidation
commence for all Purchasers by giving the Agent, each Purchaser Agent and the
Collection Agent at least three Business Days' prior written (including telecopy
or other facsimile communication) notice specifying the date on which the
Interim Liquidation shall commence and, if desired, when such Interim
Liquidation shall cease (identified as a specific date prior to the Termination
Date or as when the Aggregate Investment is reduced to a specified amount). If
the Seller does not so specify the date on which an Interim Liquidation shall
cease, it may cause such Interim Liquidation to cease at any time before the
Termination Date, subject to Section 1.2(b) below, by notifying the Agent, each
Purchaser Agent and the Collection Agent in writing (including by telecopy or
other facsimile communication) at least three Business Days before the date on
which it desires such Interim Liquidation to cease.

          (b) Mandatory. If at any time before the Termination Date any
condition in Section 7.2 is not fulfilled, the Seller shall immediately notify
the Agent, each Purchaser Agent and the Collection Agent, whereupon Reinvestment
Purchases shall cease and an Interim Liquidation shall commence, which shall
cease only upon the Seller confirming to the Agent that the conditions in
Section 7.2 are fulfilled.

          Section 1.3. Selection of Discount Rates and Tranche Periods. (a) The
Seller shall pay Funding Charges with respect to each Conduit Purchaser's
Purchase Interest for each day that any Investment in respect of such Purchase
Interest is outstanding. Each such Purchase Interest will accrue Funding Charges
each day based on the Pooled Allocation. On each Settlement Date the Seller
shall pay to the applicable Purchaser Agent (for the benefit of its Conduit
Purchaser) an aggregate amount equal to all accrued and unpaid Funding Charges
in respect of such Purchase Interest for the immediately preceding Discount
Period. All Investment of the Related Bank Purchasers shall be allocated to one
or more Tranches reflecting the Discount Rates at which such Investment accrues
Discount and the Tranche Periods for which such Discount Rates apply. In each
request for an Incremental Purchase from a Related Bank Purchaser and three
Business Days before the expiration of any Tranche Period applicable to any
Related Bank Purchaser's Investment, the Seller may request the Tranche
Period(s) to be applicable to such Investment and the Discount Rate(s)
applicable thereto. All Investment of the Related Bank Purchasers may accrue
Discount at either the Eurodollar Rate or the Prime Rate, in all cases as
established for each Tranche Period applicable to such Investment. Any
Investment of the Conduit Purchasers not allocated to a Tranche Period shall be
a Prime Tranche. During the pendency of a Termination Event, the applicable
Purchaser Agent may reallocate any outstanding Investment of the Related Bank
Purchasers to a Prime Tranche. All Discount accrued on the Investment of the
Related Bank Purchasers during a Tranche Period shall be

                                      -4-

<PAGE>

payable by the Seller on the last day of such Tranche Period or, for a
Eurodollar Tranche with a Tranche Period of more than three months, 90 days
after the commencement, and on the last day, of such Tranche Period.

          (b) Each Purchaser Agent shall allocate the Investment of its Conduit
Purchaser to Tranche Periods in its sole discretion. If, by the time required in
Section 1.3(a), the Seller fails to select a Discount Rate or Tranche Period for
any Investment of any Related Bank Purchaser, such amount of Investment shall
automatically accrue Discount at the Prime Rate for a three Business Day Tranche
Period. Any Investment purchased from a Conduit Purchaser pursuant to a Transfer
Agreement shall accrue interest at the Prime Rate and have an initial Tranche
Period of three Business Days.

          (c) If a Purchaser Agent or any Related Bank Purchaser determines (i)
that maintenance of any Eurodollar Tranche would violate any applicable law or
regulation, (ii) that deposits of a type and maturity appropriate to match fund
any of such Related Bank Purchaser's Eurodollar Tranches are not available or
(iii) that the maintenance of any Eurodollar Tranche will not adequately and
fairly reflect the cost of such Related Bank Purchaser of funding Eurodollar
Tranches, then such Purchaser Agent, upon the direction of such Purchaser, shall
suspend the availability of, and terminate any outstanding, Eurodollar Tranche
so affected. All Investment allocated to any such terminated Eurodollar Tranche
shall be reallocated to a Prime Tranche.

          Section 1.4. Fees and Other Costs and Expenses. (a) The Seller shall
pay to each Purchaser Agent for the ratable benefit of its Purchaser Group, such
amounts as agreed to with the Seller in the Fee Letter for such Purchaser Group.

          (b) If (i) with respect to any Investment of any Condit Purchaser, the
amount of such Conduit Purchaser's Investment is reduced on any date other than
the last day of a CP Tranche Period, (ii) the amount of Investment allocated to
any Eurodollar Tranche is reduced before the last day of its Tranche Period or
(iii) if a requested Incremental Purchase at the Eurodollar Rate does not take
place on its scheduled Purchase Date, the Seller shall pay the Early Payment Fee
to each Purchaser in the applicable Purchaser Group that had its Investment so
reduced or scheduled Purchase not made.

          (c) Investment shall be payable solely from Collections and from
amounts payable under Sections 1.5, 1.7 and 6.1 (to the extent amounts paid
under Section 6.1 indemnify against reductions in or non-payment of
Receivables). The Seller shall pay, as a full recourse obligation, all amounts
payable pursuant to Sections 1.5, 1.7 and 6.1 and all other amounts payable
hereunder (other than Investment), including, without limitation, all Discount,
fees described in clauses (a) and (b) above and amounts payable under Article
VI.

          Section 1.5. Maintenance of Sold Interest; Deemed Collection. (a)
General. If as of any Reporting Date before the Termination Date the Eligible
Receivables Balance is less than the sum of the Aggregate Investment (or, if a
Termination Event exists, the Matured Aggregate Investment) plus the Aggregate
Reserve, the Seller shall pay ratably to the Purchaser Agent for their Purchaser
Group an amount equal to such deficiency for application to reduce the
Investments of the Purchasers ratably in accordance with the principal amount of
their respective

                                      -5-

<PAGE>

Investments, applied first to such Purchaser's Prime Tranches and second to the
other Tranches applicable to the Investment of such Purchaser with the shortest
remaining maturities unless otherwise specified by the Seller.

          (b) Deemed Collections. If on any day the outstanding balance of a
Receivable is reduced or cancelled as a result of any defective or rejected
goods or services, any cash discount or adjustment (including any adjustment
resulting from the application of any special refund or other discounts or any
reconciliation), any setoff or credit (whether such claim or credit arises out
of the same, a related, or an unrelated transaction) or other similar reason not
arising from the financial inability of the Obligor to pay undisputed
indebtedness, the Seller shall be deemed to have received on such day a
Collection on such Receivable in the amount of such reduction or cancellation.
If on any day any representation, warranty, covenant or other agreement of the
Seller related to a Receivable is not true or is not satisfied, the Seller shall
be deemed to have received on such day a Collection in the amount of the
outstanding balance of such Receivable. Subject to Section 1.5(c), all such
Collections deemed received by the Seller under this Section 1.5(b) shall be
remitted by the Seller to the Collection Agent in accordance with Section
5.1(i). Unless the Agent otherwise requires, prior to the Termination Date
payment obligations for any day under this Section 1.5(b) shall only be payable
on the Settlement Date occurring in the next succeeding calendar month.

          (c) Adjustment to Sold Interest. At any time before the Termination
Date that the Seller is deemed to have received any Collection under Section
1.5(b) ("Deemed Collections") that derive from a Receivable that is otherwise
reported as an Eligible Receivable, so long as no Liquidation Period then
exists, the Seller may satisfy its obligation to deliver such amount to the
Collection Agent by instead notifying the Agent that the Sold Interest should be
recalculated by decreasing the Eligible Receivables Balance by the amount of
such Deemed Collections, so long as such adjustment does not cause the Sold
Interest to exceed 100%.

          (d) Payment Assumption. Unless an Obligor otherwise specifies or
another application is required by contract or law, any payment received by the
Seller from any Obligor shall be applied as a Collection of Receivables of such
Obligor (starting with the oldest such Receivable) and remitted to the
Collection Agent as such.

          Section 1.6. Reduction in Commitments. The Seller may, upon thirty
days' notice to the Agent and each Purchaser Agent, reduce the Aggregate
Commitment in increments of $1,000,000, so long as the Aggregate Commitment as
so reduced equals at least the outstanding Matured Aggregate Investment. Each
such reduction in the Aggregate Commitment shall reduce the Commitment of each
Related Bank Purchaser in accordance with its Ratable Share and shall ratably
reduce the Purchase Limit so that the Aggregate Commitment remains at least 102%
of the Purchase Limit and the Purchase Limit is not less than the outstanding
Aggregate Investment.

          Section 1.7. Optional Repurchases. Upon two Business Days' notice to
the Agent and each Purchaser Agent, the Seller may repurchase the entire Sold
Interest from the Purchasers at a price equal to the outstanding Matured
Aggregate Investment and all other amounts then owed hereunder.

                                      -6-

<PAGE>

          Section 1.8. Assignment of Purchase Agreement. The Seller hereby
assigns and otherwise transfers to the Agent (for the benefit of the Agent, each
Purchaser Agent, each Purchaser and any other Person to whom any amount is owed
hereunder), all of the Seller's right, title and interest in, to and under the
Purchase Agreement. The Seller shall execute, file and record all financing
statements, continuation statements and other documents required to perfect or
protect such assignment. This assignment includes (a) all monies due and to
become due to the Seller from the Originator or the Parent under or in
connection with the Purchase Agreement (including fees, expenses, costs,
indemnities and damages for the breach of any obligation or representation
related to such agreement) and (b) all rights, remedies, powers, privileges and
claims of the Seller against the Originator or the Parent under or in connection
with the Purchase Agreement. All provisions of the Purchase Agreement shall
inure to the benefit of, and may be relied upon by, the Agent, each Purchaser
Agent, each Purchaser and each such other Person. At any time that a Termination
Event has occurred and is continuing, the Agent shall have the sole right to
enforce the Seller's rights and remedies under the Purchase Agreement to the
same extent as the Seller could absent this assignment, but without any
obligation on the part of the Agent, any Purchaser Agent, any Purchaser or any
other such Person to perform any of the obligations of the Seller under the
Purchase Agreement (or the promissory note executed thereunder). All amounts
distributed to the Seller under the Purchase Agreement from Receivables sold to
the Seller thereunder shall constitute Collections hereunder and shall be
applied in accordance herewith.

                                   ARTICLE II
                SALES TO AND FROM CONDUIT PURCHASERS; ALLOCATIONS

          Section 2.1. Required Purchases from a Conduit Purchaser. (a) Each
Conduit Purchaser may, at any time, sell to its Related Bank Purchasers pursuant
to the relevant Transfer Agreement any percentage designated by such Conduit
Purchaser of such Conduit Purchaser's Investment and its related Conduit
Purchaser Settlement (each, a "Put").

          (b) Any portion of any Investment of a Conduit Purchaser and related
Conduit Purchaser Settlement purchased by a Related Bank Purchaser shall be
considered part of such Related Bank Purchaser's Investment and related Conduit
Purchaser Settlement from the date of the relevant Put. Immediately upon any
purchase by a Related Bank Purchaser of any portion of the relevant Conduit
Purchaser's Investment, the Seller shall pay to the relevant Purchaser Agent
(for the ratable benefit of each such Purchaser) an amount equal to the sum of
(i) the Assigned Settlement and (ii) all unpaid Discount owed to such Conduit
Purchaser (whether or not then due) to the end of each applicable Tranche Period
to which any Investment being Put has been allocated, (iii) all accrued but
unpaid fees (whether or not then due) payable to such Conduit Purchaser in
connection herewith at the time of such purchase and (iv) all accrued and unpaid
costs, expenses and indemnities due to such Conduit Purchaser from the Seller in
connection herewith.

          Section 2.2. Purchases by a Conduit Purchaser. Each Conduit Purchaser
may at any time deliver to its Purchaser Agent and each of its Related Bank
Purchasers a notification of

                                      -7-

<PAGE>

assignment in substantially the form provided by the relevant Transfer
Agreement. If a Conduit Purchaser delivers such notice, each of its Related Bank
Purchasers shall sell to such Conduit Purchaser and such Conduit Purchaser shall
purchase in full from each such Related Bank Purchasers, the Investment of such
Related Bank Purchasers on the last day of the relevant Tranche Periods, at a
purchase price equal to such Investment plus accrued and unpaid Discount
thereon. Any sale from any Related Bank Purchaser to the relevant Conduit
Purchaser pursuant to this Section 2.2 shall be without recourse, representation
or warranty except for the representation and warranty that the Investment sold
by such Related Bank Purchaser is free and clear of any Adverse Claim created or
granted by such Related Bank Purchaser and that such Related Bank Purchaser has
not suffered a Bankruptcy Event.

          Section 2.3. Allocations and Distributions. (a) Non-Reinvestment
Periods. Before the Termination Date unless an Interim Liquidation is in effect,
on each day during a period that a Conduit Purchaser is not making Reinvestment
Purchases (as established under Section 1.1(d)), the Collection Agent (i) shall
set aside and hold in trust solely for the benefit of the applicable Conduit
Purchaser (or deliver to the applicable Purchaser Agent, if so instructed
pursuant to Section 3.2(a)) such Conduit Purchaser's Purchase Interest in all
Collections received on such day and (ii) shall distribute on the last day of
each CP Tranche Period to the applicable Purchaser Agent (for the benefit of
such Conduit Purchaser) the amounts so set aside up to the amount of such
Conduit Purchaser's Purchase Interest and, to the extent not already paid in
full, all Discount thereon and all other amounts then due from the Seller in
connection with such Purchase Interest and Tranche Period. If any part of the
Sold Interest in any Collections is applied to pay any such amounts pursuant to
this Section 2.3(a) and after giving effect to such application the Sold
Interest is greater than 100%, the Seller shall pay for distribution as part of
the Sold Interest in Collections, to the Collection Agent the amount so applied
to the extent necessary so that after giving effect to such payment the Sold
Interest is no greater than 100%.

          (b) Termination Date and Interim Liquidations. On each day during any
Interim Liquidation and on each day on and after the Termination Date, the
Collection Agent shall set aside and hold solely for the account of each
Purchaser Agent, for the benefit of each Purchaser Group to the extent provided
below, (or deliver to each Purchaser Agent, if so instructed pursuant to Section
3.2(a)) and for the account of the Agent, all Collections received on such day
and such Collections shall be allocated as follows:

          (i) first, to the Collection Agent until all amounts owed to the
     Collection Agent under the Agreement have been paid in full;

          (ii) second, ratably to each Purchaser Group until all Investment of,
     and Discount and interest due but not already paid to, each Purchaser Group
     has been paid in full;

          (iii) third, ratably to each Purchaser Group until all other amounts
     owed to such Purchaser Group under the Transaction Documents have been paid
     in full;

          (iv) fourth, to the Agent until all amounts owed to the Agent (other
     than amounts owing the Agent in its role as a Purchaser Agent) have been
     paid in full;

                                      -8-

<PAGE>

          (v) fifth, to each Purchaser Agent until all amounts owed to the
     Purchaser Agents under the Transaction Documents have been paid in full;

          (vi) sixth, to any other Person to whom any amounts are owed under the
     Transaction Documents until all such amounts have been paid in full; and

          (vii) seventh, to the Seller (or as otherwise required by applicable
     law).

Unless an Interim Liquidation has ended by such date (in which case Reinvestment
Purchases shall resume to the extent provided in Section 1.1(d)), on the last
day of each Tranche Period (unless otherwise instructed by a Purchaser Agent
pursuant to Section 3.2(a)), the Collection Agent shall pay to the appropriate
parties, from such set aside Collections, all amounts allocated to such Tranche
Period and all Tranche Periods that ended before such date that are due in
accordance with the priorities in clauses (ii) and (iii) above. No distributions
shall be made to pay amounts under clauses (iv), (v), (vi) and (vii) above until
sufficient Collections have been set aside to pay all amounts described in
clauses (ii) and (iii) that may become payable for all outstanding Tranche
Periods. All distributions by the Agent or any Purchaser Agent shall be made
ratably within each priority level in accordance with the respective amounts
then due each Person included in such level unless otherwise agreed by all
Purchaser Agents. If any part of the Sold Interest in any Collections is applied
to pay any amounts, payable hereunder that are obligations of the Seller
pursuant to Section 1.4(b) and after giving effect to such application the Sold
Interest is greater than 100%, the Seller shall pay for distribution in respect
of each applicable Purchaser's Investment as part of the Sold Interest in
Collections, to the Collection Agent the amount so applied to the extent
necessary so that after giving effect to such payment the Sold Interest is no
greater than 100%.

                                   ARTICLE III
                         ADMINISTRATION AND COLLECTIONS

          Section 3.1. Appointment of Collection Agent. (a) The servicing,
administering and collecting of the Receivables shall be conducted by a Person
(the "Collection Agent") designated to so act on behalf of the Purchasers under
this Article III. As the Initial Collection Agent, the Originator is hereby
designated as, and agrees to perform the duties and obligations of, the
Collection Agent. The Originator acknowledges that the Agent, each Purchaser
Agent and each Purchaser have relied on the Originator's agreement to act as
Collection Agent (and the agreement of any of the sub-collection agents to so
act) in making the decision to execute and deliver this Agreement and agrees
that it will not voluntarily resign as Collection Agent nor permit any
sub-collection agent to voluntarily resign as a sub-collection agent. At any
time after the occurrence of a Collection Agent Replacement Event, the Agent may
designate a new Collection Agent to succeed the Originator (or any successor
Collection Agent).

          (b) The Originator may, and if requested by the Agent shall, delegate
its duties and obligations as Collection Agent to the Parent or other Affiliate
(acting as a sub-collection agent). Notwithstanding such delegation, the
Originator shall remain primarily liable for the performance of the duties and
obligations so delegated, and the Agent, each Purchaser Agent and each Purchaser
shall have the right to look solely to the Originator for such performance. The

                                      -9-

<PAGE>

Agent (with the consent of the Instructing Group) may at any time after the
occurrence of a Collection Agent Replacement Event remove or replace any
sub-collection agent.

          (c) If replaced, the Collection Agent agrees it will terminate, and
will cause each existing sub-collection agent to terminate, its collection
activities in a manner requested by the Agent to facilitate the transition to a
new Collection Agent. The Collection Agent shall cooperate with and assist any
new Collection Agent (including providing access to, and transferring, all
Records and allowing (to the extent permitted by applicable law and contract)
the new Collection Agent to use all licenses, hardware or software necessary or
desirable to collect the Receivables). The Originator irrevocably agrees to act
(if requested to do so) as the data-processing agent for any new Collection
Agent in substantially the same manner as the Originator conducted such
data-processing functions while it acted as the Collection Agent.

          Section 3.2. Duties of Collection Agent. (a) The Collection Agent
shall take, or cause to be taken, all action necessary or advisable to collect
each Receivable in accordance with this Agreement, the Credit and Collection
Policy and all applicable laws, rules and regulations using the skill and
attention the Collection Agent exercises in collecting other receivables or
obligations owed solely to it. The Collection Agent shall, in accordance
herewith, separately account for (and thereby deemed to set aside) all
Collections to which a Purchaser is entitled. If so instructed by the Agent,
after the occurrence of a Collection Agent Replacement Event, the Collection
Agent shall transfer to each Purchaser Agent the amount of Collections to which
such Purchaser Agent and the applicable Purchasers are entitled by the Business
Day following receipt. Each party hereto hereby appoints the Collection Agent to
enforce such Person's rights and interests in the Receivables, but
(notwithstanding any other provision in any Transaction Document) the Agent
shall at all times after the occurrence of a Collection Agent Replacement Event
have the sole right to direct the Collection Agent to commence or settle any
legal action to enforce collection of any Receivable.

          (b) If no Termination Event exists and the Collection Agent determines
that such action is appropriate in order to maximize the Collections, the
Collection Agent may, in accordance with the Credit and Collection Policy,
extend the maturity of any Receivable (but no such extension shall be for a
period more than thirty (30) days) or adjust the outstanding balance of any
Receivable. Any such extension or adjustment shall not alter the status of a
Receivable as a Defaulted Receivable or Delinquent Receivable or limit any
rights of the Agent, any Purchaser Agent or the Purchasers hereunder. If a
Termination Event exists, the Collection Agent may make such extensions or
adjustments only with the prior consent of the Instructing Group.

          (c) The Collection Agent shall turn over to the Seller (i) any
percentage of Collections in excess of the Sold Interest, less all reasonable
costs and expenses of the Collection Agent for servicing, collecting and
administering the Receivables and (ii) subject to Section 1.5(d), the
collections and records for any indebtedness owed to the Seller that is not a
Receivable. The Collection Agent shall have no obligation to remit any such
funds or records to the Seller until the Collection Agent receives evidence
(satisfactory to the Agent) that the Seller is entitled to such items. The
Collection Agent has no obligations concerning indebtedness that is not a
Receivable other than to deliver the collections and records for such
indebtedness to the Seller when required by this Section 3.2(c).

                                      -10-

<PAGE>

          Section 3.3. Reports. On or before the fifteenth Business Day of each
month, and at such other times covering such other periods as is requested by
the Agent or the Instructing Group, the Collection Agent shall deliver to the
Agent and each Purchaser Agent a report reflecting information as of the close
of business of the Collection Agent for the immediately preceding calendar month
or such other preceding period as is requested (each a "Periodic Report"),
containing the information described on Exhibit B (with such modifications or
additional information as requested by the Agent or the Instructing Group).

          Section 3.4. Lock-Box Arrangements. The Agent is hereby authorized to
give notice at any time after the occurrence of a Collection Agent Replacement
Event to any or all Lock-Box Banks that the Agent is exercising its rights under
the Lock-Box Letters and to take all actions permitted under the Lock-Box
Letters. The Seller agrees to take any action requested by the Agent to
facilitate the foregoing. After the Agent takes any such action under the
Lock-Box Letters, the Seller shall immediately deliver to the Agent any
Collections received by the Seller. If the Agent takes control of any Lock-Box
Account, the Agent shall distribute Collections it receives in accordance
herewith and shall deliver to the Collection Agent, for distribution under
Section 3.2, all other amounts it receives from such Lock-Box Account.

          Section 3.5. Enforcement Rights. (a) The Agent may at any time after
the occurrence of a Collection Agent Replacement Event direct the Obligors and
the Lock-Box Banks to make all payments on the Receivables directly to the Agent
or its designee. The Agent may, and the Seller shall at the Agent's request,
withhold the identity of the Purchasers from the Obligors and Lock-Box Banks.
Upon the Agent's request after the occurrence of a Collection Agent Replacement
Event, the Seller (at the Seller's expense) shall (i) give notice to each
Obligor of the Agent's ownership of the Sold Interest and direct that payments
on Receivables be made directly to the Agent or its designee, (ii) assemble for
the Agent all Records and collateral security for the Receivables and the
Related Security and transfer to the Agent (or its designee), or (to the extent
permitted by applicable law and contract) license to the Agent (or its designee)
the use of, all software useful to collect the Receivables and (iii) segregate
in a manner acceptable to the Agent all Collections the Seller receives and,
promptly upon receipt, remit such Collections in the form received, duly
endorsed or with duly executed instruments of transfer, to the Agent or its
designee.

          (b) After the occurrence of a Collection Agent Replacement Event, the
Seller hereby irrevocably appoints the Agent as its attorney-in-fact coupled
with an interest, with full power of substitution and with full authority in the
place of the Seller, to take any and all steps deemed desirable by the Agent, in
the name and on behalf of the Seller to (i) collect any amounts due under any
Receivable, including endorsing the name of the Seller on checks and other
instruments representing Collections and enforcing such Receivables and the
Related Security, and (ii) exercise any and all of the Seller's rights and
remedies under the Purchase Agreement and the Limited Guaranty. The Agent's
powers under this Section 3.5(b) shall not subject the Agent to any liability if
any action taken by it proves to be inadequate or invalid, nor shall such powers
confer any obligation whatsoever upon the Agent.

                                      -11-

<PAGE>

          (c) None of the Agent, any Purchaser Agent or any Purchaser shall have
any obligation to take or consent to any action to realize upon any Receivable
or Related Security or to enforce any rights or remedies related thereto.

          Section 3.6. Collection Agent Fee. On or before the twentieth day of
each calendar month, the Seller shall pay to the Collection Agent a fee for the
immediately preceding calendar month as compensation for its services (the
"Collection Agent Fee") equal to (a) at all times the Originator or an Affiliate
of any Swift Entity is the Collection Agent, such consideration as is acceptable
to it, the receipt and sufficiency of which is hereby acknowledged, and (b) at
all times any other Person is the Collection Agent, a reasonable amount agreed
upon by the Agent (with the consent of the Instructing Group) and the new
Collection Agent on an arm's-length basis reflecting rates and terms prevailing
in the market at such time. The Collection Agent may apply to payment of the
Collection Agent Fee only the portion of the Collections in excess of the Sold
Interest plus Collections that fund Reinvestment Purchases. The Agent may, with
the consent of the Instructing Group, pay the Collection Agent Fee to the
Collection Agent from the Sold Interest in Collections. The Seller shall be
obligated to reimburse any such payment.

          Section 3.7. Responsibilities of the Seller. The Seller shall, or
shall cause the Originator to, pay when due all Taxes payable in connection with
the Receivables and the Related Security or their creation or satisfaction. The
Seller shall, and shall cause the Originator to, perform all of its obligations
under agreements related to the Receivables and the Related Security to the same
extent as if interests in the Receivables and the Related Security had not been
transferred hereunder or, in the case of the Originator, under the Purchase
Agreement. The Agent's, any Purchaser Agent or any Purchaser's exercise of any
rights hereunder shall not relieve the Seller or the Originator from such
obligations. None of the Agent, any Purchaser Agents or any Purchaser shall have
any obligation to perform any obligation of the Seller or of the Originator or
any other obligation or liability in connection with the Receivables or the
Related Security.

          Section 3.8. Actions by Seller. The Seller shall defend and indemnify
the Agent, each Purchaser Agent and each Purchaser against all costs, expenses,
claims and liabilities for any action taken by the Seller, the Originator or any
other Affiliate of the Seller or of the Originator (whether acting as Collection
Agent or otherwise) related to any Receivable and the Related Security, or
arising out of any alleged failure of compliance of any Receivable or the
Related Security with the provisions of any law or regulation. If any goods
related to a Receivable are repossessed, the Seller agrees to resell, or to have
the Originator or another Affiliate resell, such goods in a commercially
reasonable manner for the account of the Agent and remit, or have remitted, to
the Agent the Purchasers' share in the gross sale proceeds thereof net of any
out-of-pocket expenses and any equity of redemption of the Obligor thereon. Any
such moneys collected by the Seller or the Originator or other Affiliate of the
Seller pursuant to this Section 3.8 shall be segregated and held in trust for
the Agent and remitted to the Agent's Account within one Business Day of receipt
as part of the Sold Interest in Collections for application as provided herein.

          Section 3.9. Indemnities by the Collection Agent. Without limiting any
other rights any Person may have hereunder or under applicable law, the
Collection Agent hereby indemnifies and holds harmless the Agent, each Purchaser
Agent and each Purchaser and their respective

                                      -12-

<PAGE>

officers, directors, agents and employees (each an "Indemnified Party") from and
against any and all damages, losses, claims, liabilities, penalties, Taxes,
costs and expenses (including attorneys' fees and court costs) (all of the
foregoing collectively, the "Indemnified Losses") at any time imposed on or
incurred by any Indemnified Party arising out of or otherwise relating to:

          (i) any representation or warranty made by or on behalf of the
     Collection Agent in this Agreement, any other Transaction Document, any
     Periodic Report or any other information or report delivered by the
     Collection Agent pursuant hereto, which shall have been false or incorrect
     in any material respect when made;

          (ii) the failure by the Collection Agent to comply with any applicable
     law, rule or regulation related to any Receivable or the Related Security;

          (iii) any loss of a perfected security interest (or in the priority of
     such security interest) as a result of any commingling by the Collection
     Agent of funds to which the Agent, any Purchaser Agent or any Purchaser is
     entitled hereunder with any other funds; or

          (iv) any failure of the Collection Agent to perform its duties or
     obligations in accordance with the provisions of this Agreement or any
     other Transaction Document to which the Collection Agent is a party;

whether arising by reason of the acts to be performed by the Collection Agent
hereunder or otherwise, excluding only Indemnified Losses to the extent (a) a
final judgment of a court of competent jurisdiction determined that such
Indemnified Losses resulted solely from gross negligence or willful misconduct
of the Indemnified Party seeking indemnification, (b) solely due to the credit
risk of the Obligor and for which reimbursement would constitute recourse to the
Collection Agent for uncollectible Receivables, or (c) such Indemnified Losses
include Taxes on, or measured by, the overall net income of the Agent, any
Purchaser Agent or any Purchaser computed in accordance with the Intended Tax
Characterization; provided, however, that nothing contained in this sentence
shall limit the liability of the Collection Agent or limit the recourse of the
Agent, any Purchaser Agent and each Purchaser to the Collection Agent for any
amounts otherwise specifically provided to be paid by the Collection Agent
hereunder.

                                   ARTICLE IV
                         REPRESENTATIONS AND WARRANTIES

          Section 4.1. Representations and Warranties. The Seller represents and
warrants to the Agent, any Purchaser Agent and each Purchaser that:

          (a) Corporate Existence and Power. Each of the Seller and each Swift
Entity is a corporation duly organized, validly existing and in good standing
under the laws of its state of incorporation and has all corporate power and
authority and all governmental licenses, authorizations, consents and approvals
required to carry on its business in each jurisdiction in which its business is
now conducted, except where failure to obtain such license, authorization,
consent or approval would not have an adverse effect on (i) its

                                      -13-

<PAGE>

ability to perform its obligations under, or the enforceability of, any
Transaction Document, (ii) its business or financial condition, (iii) the
interests of the Agent, any Purchaser Agent or any Purchaser under any
Transaction Document or (iv) the enforceability or collectibility of a material
portion of the Receivables.

          (b) Corporate Authorization and No Contravention. The execution,
delivery and performance by each of the Seller and each Swift Entity of each
Transaction Document to which it is a party (i) are within its corporate powers,
(ii) have been duly authorized by all necessary corporate action, (iii) do not
contravene or constitute a default under (A) any applicable law, rule or
regulation, (B) its or any Subsidiary's charter or by-laws or (C) any agreement,
order or other instrument to which it or any Subsidiary is a party or its
property is subject and (iv) will not result in any Adverse Claim on any
Receivable, the Related Security or Collection or give cause for the
acceleration of any indebtedness of the Seller, any Swift Entity or any
Subsidiary.

          (c) No Consent Required. No approval, authorization or other action
by, or filings with, any Governmental Authority or other Person (other than the
parties hereto) is required in connection with the execution, delivery and
performance by the Seller or any Swift Entity of any Transaction Document to
which it is a party or any transaction contemplated thereby.

          (d) Binding Effect. Each Transaction Document to which the Seller or
any Swift Entity is a party constitutes the legal, valid and binding obligation
of such Person enforceable against that Person in accordance with its terms,
except as limited by bankruptcy, insolvency, or other similar laws of general
application relating to or affecting the enforcement of creditors' rights
generally and subject to general principles of equity.

          (e) Perfection of Ownership Interest. Immediately preceding its sale
of Receivables to the Seller, the Originator was the owner of, and effectively
sold, such Receivables to the Seller, free and clear of any Adverse Claim. The
Seller owns the Receivables free of any Adverse Claim other than the interests
of the Purchasers (through the Agent) therein that are created hereby, and each
Purchaser shall at all times have a valid undivided percentage ownership
interest, which shall be a first priority perfected security interest for
purposes of Article 9 of the applicable Uniform Commercial Code, in the
Receivables and Collections to the extent of its Purchase Interest then in
effect.

          (f) Accuracy of Information. All information furnished by the Seller,
any Swift Entity or any Affiliate of any such Person to the Agent, any Purchaser
Agent or any Purchaser in connection with any Transaction Document, or any
transaction contemplated thereby, is true and accurate in all material respects
(and is not incomplete by omitting any information necessary to prevent such
information from being materially misleading).

          (g) No Actions, Suits. There are no actions, suits or other
proceedings (including matters relating to environmental liability) pending or
threatened against or

                                      -14-

<PAGE>

affecting the Seller, any Swift Entity or any Subsidiary, or any of their
respective properties, that (i) if adversely determined (individually or in the
aggregate), may have a material adverse effect on the financial condition of the
Seller, any Swift Entity or any Subsidiary or on the collectibility of a
material portion of the Receivables or (ii) involve any Transaction Document or
any transaction contemplated thereby. None of the Seller, any Swift Entity or
any Subsidiary is in default of any contractual obligation or in violation of
any order, rule or regulation of any Governmental Authority, which default or
violation may have a material adverse effect upon (i) the financial condition of
the Seller, the Swift Entities and the Subsidiaries taken as a whole or (ii) the
collectibility of a material portion of the Receivables.

          (h) No Material Adverse Change. Since September 30, 1999, there has
been no material adverse change in the collectibility of the Receivables or the
Seller's, any Swift Entity's or any Subsidiary's (i) financial condition,
business, operations or prospects or (ii) ability to perform its obligations
under any Transaction Document.

          (i) Accuracy of Exhibits; Lock-Box Arrangements. All information on
Exhibits C-E (listing offices and names of the Seller and the Originator and
where they maintain Records; the Subsidiaries; and Lock Boxes) is true and
complete, subject to any changes permitted by, and notified to the Agent in
accordance with, Article V. The Seller has delivered a copy of all Lock-Box
Agreements to the Agent. The Seller has not granted any interest in any Lock-Box
or Lock-Box Account to any Person other than the Agent and, upon delivery to a
Lock-Box Bank of the related Lock-Box Letter, the Agent will have exclusive
ownership and control of the Lock-Box Account at such Lock-Box Bank.

          (j) Sales by the Originator. Each sale by the Originator to the Seller
of an interest in Receivables and their Collections has been made in accordance
with the terms of the Purchase Agreement, including the payment by the Seller to
the Originator of the purchase price described in the Purchase Agreement. Each
such sale has been made for "reasonably equivalent value" (as such term is used
in Section 548 of the Bankruptcy Code) and not for or on account of "antecedent
debt" (as such term is used in Section 547 of the Bankruptcy Code) owed by the
Originator to the Seller.

                                    ARTICLE V
                                    COVENANTS

          Section 5.1. Covenants of the Seller. The Seller hereby covenants and
agrees to comply with the following covenants and agreements, unless the Agent
(with the consent of the Instructing Group) shall otherwise consent:

          (a) Financial Reporting. The Seller will, and will cause each Swift
Entity and each Subsidiary to, maintain a system of accounting established and
administered in accordance with GAAP and will furnish to the Agent and each
Purchaser Agent:

                                      -15-

<PAGE>

          (i) Annual Financial Statements. Within 90 days after each fiscal year
     of (A) the Parent copies of its annual audited financial statements
     (including a consolidated balance sheet, consolidated statement of income
     and retained earnings and statement of cash flows, with related footnotes)
     certified by independent certified public accountants satisfactory to the
     Agent and prepared on a consolidated basis in conformity with GAAP, and (B)
     each of the Seller and the Originator the annual balance sheet for such
     Person (and, additionally for the Seller, an annual profit and loss
     statement) certified by a Designated Financial Officer thereof, in each
     case prepared on a consolidated basis in conformity with GAAP as of the
     close of such fiscal year for the fiscal year then ended;

          (ii) Quarterly Financial Statements. Within 45 days after each (except
     the last) fiscal quarter of each fiscal year of (A) the Parent, copies of
     its unaudited financial statements (including at least a consolidated
     balance sheet as of the close of such quarter and statements of earnings
     and sources and applications of funds for the period from the beginning of
     the fiscal year to the close of such quarter) certified by a Designated
     Financial Officer and prepared in a manner consistent with the financial
     statements described in part (A) of clause (i) of this Section 5.l(a) and
     (B) each of the Seller and the Originator, the quarterly balance sheet for
     such Person (and, additionally for the Seller, a profit and loss statement)
     for the period from the beginning of such fiscal year to the close of such
     quarter, in each case certified by a Designated Financial Officer thereof
     and prepared in a manner consistent with part (B) of clause (i) of Section
     5.1(a);

          (iii) Officer's Certificate. Each time financial statements are
     furnished pursuant to clause (i) or (ii) of this Section 5.1(a), a
     compliance certificate (in substantially the form of Exhibit H) signed by a
     Designated Financial Officer, dated the date of such financial statements,
     and containing a computation of each of the financial ratios and
     restrictions contained herein and in the Limited Guaranty;

          (iv) Public Reports. Promptly upon becoming available, a copy of each
     report or proxy statement filed by the Parent with the Securities Exchange
     Commission or any securities exchange; and

          (v) Other Information. Promptly, from time to time, such other
     information regarding the operations, business affairs and financial
     condition of the Seller or Parent as may be requested by the Agent or any
     Purchaser Agent (with a copy of such request to the Agent).

          (b) Notices. Promptly and in any event within three Business Days upon
becoming aware of any of the following the Seller will notify the Agent and each
Purchaser Agent and provide a description of:

          (i) Potential Termination Events. The occurrence of any Potential
     Termination Event;

          (ii) Representations and Warranties. The failure of any representation
     or warranty herein to be true (when made or at any time thereafter) in any
     material respect;

                                      -16-

<PAGE>

          (iii) Litigation. The institution of any litigation, arbitration
     proceeding or governmental proceeding reasonably likely to result in a
     liability in excess of $1,000,000 to any Swift Entity, any Subsidiary or
     the collectibility or quality of material portion of the Receivables;

          (v) Judgments. The entry of any judgment or decree against the Seller,
     any Swift Entity or any Subsidiary if the aggregate amount of all judgments
     then outstanding against the Seller, the Swift Entities and the
     Subsidiaries exceeds $1,000,000; or

          (vi) Changes in Business. Any change in, or proposed change in, the
     character of any Swift Entity's business that could impair the
     collectibility or quality of a material portion of the Receivables.

          (c) Conduct of Business. The Seller will perform, and will cause each
Swift Entity and Subsidiary to perform, all actions necessary to remain duly
incorporated, validly existing and in good standing in its jurisdiction of
incorporation and to maintain all requisite authority to conduct its business in
each jurisdiction in which it conducts business.

          (d) Compliance with Laws. The Seller will comply, and will cause each
Swift Entity and Subsidiary to comply, with all laws, regulations, judgments and
other directions or orders imposed by any Governmental Authority to which such
Person or any Receivable, any Related Security or Collection may be subject.

          (e) Furnishing Information and Inspection of Records. The Seller will
furnish to the Agent, each Purchaser Agent and the Purchasers such information
concerning the Receivables and the Related Security as the Agent, any Purchaser
Agent or a Purchaser may request. The Seller will, and will cause the Originator
to, permit, at any time during regular business hours, the Agent, any Purchaser
Agent or any Purchaser (or any representatives thereof) (i) to examine and make
copies of all Records, (ii) to visit the offices and properties of the Seller
for the purpose of examining the Records and (iii) to discuss matters relating
hereto with any of the Seller's or the Originator's officers, directors,
employees or independent public accountants having knowledge of such matters.
Once a year, the Agent may (at the expense of the Seller) have an independent
public accounting firm conduct an audit of the Records or make test
verifications of the Receivables and Collections.

          (f) Keeping Records. (i) The Seller will, and will cause the
Originator to, have and maintain (A) administrative and operating procedures
(including an ability to recreate Records if originals are destroyed), (B)
adequate facilities, personnel and equipment and (C) all Records and other
information necessary or advisable for collecting the Receivables (including
Records adequate to permit the immediate identification of each new Receivable
and all Collections of, and adjustments to, each existing Receivable). The
Seller will give the Agent prior notice of any material change in such
administrative and operating procedures.

          (ii) The Seller will, (A) at all times from and after the date hereof,
     clearly and conspicuously mark its computer and master data processing
     books and records with a legend describing the Agent's, each Purchaser
     Agent's and the Purchasers' interest in the

                                      -17-

<PAGE>

     Receivables and the Collections and (B) upon the request of the Agent in
     the case of Receivables constituting chattel paper, so mark each contract
     relating to a Receivable and deliver to the Agent all such contracts
     (including all multiple originals of such contracts), with any appropriate
     endorsement or assignment, or segregate (from all other receivables then
     owned or being serviced by the Seller) the Receivables and all contracts
     relating to each Receivable and hold in trust and safely keep such
     contracts so legended in separate filing cabinets or other suitable
     containers at such locations as the Agent may specify.

          (g) Perfection. (i) The Seller will, and will cause the Originator to,
at its expense, promptly execute and deliver all instruments and documents and
take all action necessary or requested by the Agent (including the execution and
filing of financing or continuation statements, amendments thereto or
assignments thereof) to enable the Agent to exercise and enforce all its rights
hereunder and to vest and maintain vested in the Agent a valid, first priority
perfected security interest in the Receivables, the Collections, the Purchase
Agreement, the Lock-Box Accounts and proceeds thereof free and clear of any
Adverse Claim (and a perfected ownership interest in the Receivables and
Collections to the extent of the Sold Interest). The Agent will be permitted to
sign and file any continuation statements, amendments thereto and assignments
thereof without the Seller's signature.

          (ii) The Seller will, and will cause the Originator to, only change
     its name, identity or corporate structure or relocate its chief executive
     office or the Records following thirty (30) days advance notice to the
     Agent and the delivery to the Agent of all financing statements,
     instruments and other documents (including direction letters) requested by
     the Agent.

          (iii) Each of the Seller and the Originator will at all times maintain
     its chief executive offices within a jurisdiction in the USA (other than in
     the states of Florida, Maryland and Tennessee) in which Article 9 of the
     UCC is in effect. If the Seller or the Originator moves its chief executive
     office to a location that imposes Taxes, fees or other charges to perfect
     the Agent's and the Purchasers' interests hereunder or the Seller's
     interests under the Purchase Agreement, the Seller will pay all such
     amounts and any other costs and expenses incurred in order to maintain the
     enforceability of the Transaction Documents, the Sold Interest and the
     interests of the Agent, the Purchaser Agents and the Purchasers in the
     Receivables, the Related Security, Collections, Purchase Agreement and
     Lock-Box Accounts.

          (h) Performance of Duties. The Seller will perform, and will cause
each Swift Entity and Subsidiary and the Collection Agent (if an Affiliate) to
perform, its respective duties or obligations in accordance with the provisions
of each of the Transaction Documents. The Seller (at its expense) will, and will
cause each Swift Entity to, (i) fully and timely perform in all material
respects all agreements required to be observed by it in connection with each
Receivable, (ii) comply in all material respects with the Credit and Collection
Policy, and (iii) refrain from any action that may impair the rights of the
Agent, the Purchaser Agents or the Purchasers in the Receivables, the Related
Security, Collections, Purchase Agreement or Lock-Box Accounts.

                                      -18-

<PAGE>

          (i) Payments on Receivables, Accounts. The Seller will, and will cause
the Originator to, at all times instruct all Obligors to deliver payments on the
Receivables to a Lock-Box Account. If any such payments or other Collections are
received by the Seller or the Originator, it shall hold such payments in trust
for the benefit of the Agent, the Purchaser Agents and the Purchasers and
promptly (but in any event within two Business Days after receipt) remit such
funds into a Lock-Box Account. The Seller will cause each Lock-Box Bank to
comply with the terms of each applicable Lock-Box Letter. The Seller will not
permit the funds of any Affiliate to be deposited into any Lock-Box Account. If
such funds are nevertheless deposited into any Lock-Box Account, the Seller will
promptly identify such funds for segregation. The Seller will not, and will not
permit any Collection Agent or other Person to, commingle Collections or other
funds to which the Agent, any Purchaser Agent or any Purchaser is entitled with
any other funds. The Seller shall only add, and shall only permit the Originator
to add, a Lock-Box Bank, Lock-Box, or Lock-Box Account to those listed on
Exhibit E if the Agent has received notice of such addition, a copy of any new
Lock-Box Agreement and an executed and acknowledged copy of a Lock-Box Letter
substantially in the form of Exhibit F (with such changes as are acceptable to
the Agent) from any new Lock-Box Bank. The Seller shall only terminate a
Lock-Box Bank or Lock-Box, or close a Lock-Box Account, upon 30 days advance
notice to the Agent.

          (j) Sales and Adverse Claims Relating to Receivables. Except as
otherwise provided herein, the Seller will not, and will not permit the
Originator to, (by operation of law or otherwise) dispose of or otherwise
transfer, or create or suffer to exist any Adverse Claim upon, any Receivable or
any proceeds thereof.

          (k) Extension or Amendment of Receivables. Except as otherwise
permitted in Section 3.2(b) and then subject to Section 1.5, the Seller will
not, and will not permit the Originator to, extend, amend, rescind or cancel any
Receivable.

          (l) Change in Business or Credit and Collection Policy. The Seller
will not make any material change in the character of its business and will not,
and will not permit the Originator to, make any material change to the Credit
and Collection Policy.

                                   ARTICLE VI
                                 INDEMNIFICATION

          Section 6.1. Indemnities by the Seller. Without limiting any other
rights any Person may have hereunder or under applicable law, the Seller hereby
indemnifies and holds harmless, on an after-Tax basis, the Agent, each Purchaser
Agent and each Purchaser and their respective officers, directors, agents and
employees (each an "Indemnified Party") from and against any and all damages,
losses, claims, liabilities, penalties, Taxes, costs and expenses (including
attorneys' fees and court costs) (all of the foregoing collectively, the
"Indemnified Losses") at any time imposed on or incurred by any Indemnified
Party arising out of or otherwise relating to any Transaction Document, the
transactions contemplated thereby or any action taken or omitted by any of the
Indemnified Parties (including any action taken by the Agent as attorney-in-fact
for the Seller pursuant to Section 3.5(b)), whether arising by reason of the
acts to be performed by the Seller hereunder or otherwise, excluding only
Indemnified Losses to the extent (a) a final judgment of a court of competent
jurisdiction holds such Indemnified Losses resulted solely

                                      -19-

<PAGE>

from gross negligence or willful misconduct of the Indemnified Party seeking
indemnification, (b) solely due to the credit risk of the Obligor and for which
reimbursement would constitute recourse to the Seller or the Collection Agent
for uncollectible Receivables or (c) such Indemnified Losses include Taxes on,
or measured by, the overall net income of the Agent, any Purchaser Agent or any
Purchaser computed in accordance with the Intended Tax Characterization. Without
limiting the foregoing indemnification, but subject to the limitations set forth
in clauses (a), (b) and (c) of the previous sentence, the Seller shall indemnify
each Indemnified Party for Indemnified Losses relating to or resulting from:

          (i) any representation or warranty made by the Seller, any other Swift
     Entity or the Collection Agent, to the extent it is a Swift Entity, (or any
     employee or agent of the Seller, any Swift Entity or the Collection Agent)
     under or in connection with this Agreement, any Periodic Report or any
     other information or report delivered by the Seller, any other Swift Entity
     or the Collection Agent, to the extent it is a Swift Entity, pursuant
     hereto, which shall have been false or incorrect in any material respect
     when made or deemed made;

          (ii) the failure by the Seller, any other Swift Entity, or the
     Collection Agent, to the extent it is a Swift Entity, to comply with any
     applicable law, rule or regulation related to any Receivable, or the
     nonconformity of any Receivable with any such applicable law, rule or
     regulation;

          (iii) the failure of the Seller to vest and maintain vested in the
     Agent, for the benefit of the Purchaser Agents and the Purchasers, a
     perfected ownership or security interest in the Sold Interest and the
     property conveyed pursuant to Section 1.1(e) and Section 1.8, free and
     clear of any Adverse Claim;

          (iv) any commingling of funds to which the Agent, any Purchaser Agent
     or any Purchaser is entitled hereunder with any other funds;

          (v) any failure of a Lock-Box Bank to comply with the terms of the
     applicable Lock-Box Letter;

          (vi) any dispute, claim, offset or defense (other than discharge in
     bankruptcy of the Obligor) of the Obligor to the payment of any Receivable,
     or any other claim resulting from the sale or lease of goods or the
     rendering of services related to such Receivable or the furnishing or
     failure to furnish any such goods or services or other similar claim or
     defense not arising from the financial inability of any Obligor to pay
     undisputed indebtedness;

          (vii) any failure of the Seller or any Swift Entity, or any Affiliate
     of any thereof, to perform its duties or obligations in accordance with the
     provisions of this Agreement or any other Transaction Document to which
     such Person is a party (as a Collection Agent or otherwise);

                                      -20-

<PAGE>

          (viii) any action taken by the Agent as attorney-in-fact for the
     Seller pursuant to Section 3.5(b); or

          (ix) any environmental liability claim, products liability claim or
     personal injury or property damage suit or other similar or related claim
     or action of whatever sort, arising out of or in connection with any
     Receivable or any other suit, claim or action of whatever sort relating to
     any of the Transaction Documents.

          Section 6.2. Increased Cost and Reduced Return. If the adoption after
the date hereof of any applicable law, rule or regulation, or any change therein
after the date hereof, or any change in the interpretation or administration
thereof by any Governmental Authority charged with the interpretation or
administration thereof, or compliance by any Funding Source, the Agent, any
Purchaser Agent or any Purchaser (collectively, the "Funding Parties") with any
request or directive (whether or not having the force of law) after the date
hereof of any such Governmental Authority (a "Regulatory Change") (a) subjects
any Funding Party to any charge or withholding on or in connection with a
Funding Agreement or this Agreement (collectively, the "Funding Documents") or
any Receivable, (b) changes the basis of taxation of payments to any of the
Funding Parties of any amounts payable under any of the Funding Documents
(except for changes in the rate of Tax on the overall net income of such Funding
Party), (c) imposes, modifies or deems applicable any reserve, assessment,
insurance charge, special deposit or similar requirement against assets of,
deposits with or for the account of, or any credit extended by, any of the
Funding Parties, (d) has the effect of reducing the rate of return on such
Funding Party's capital to a level below that which such Funding Party could
have achieved but for such adoption, change or compliance (taking into
consideration such Funding Party's policies concerning capital adequacy) or (e)
imposes any other condition, and the result of any of the foregoing is (x) to
impose a cost on, or increase the cost to, any Funding Party of its commitment
under any Funding Document or of purchasing, maintaining or funding any interest
acquired under any Funding Document, (y) to reduce the amount of any sum
received or receivable by, or to reduce the rate of return of, any Funding Party
under any Funding Document or (z) to require any payment calculated by reference
to the amount of interests held or amounts received by it hereunder, then, upon
demand by the Agent or the applicable Purchaser Agent, the Seller shall pay to
the Agent, (with respect to amounts owed to it) or the applicable Purchaser
Agent (with respect to amounts owed to it or any Purchaser in its Purchaser
Group) for the account of the Person such additional amounts as will compensate
the Agent, such Purchaser Agent or such Purchaser (or, in the case of any
Conduit Purchaser, will enable such Conduit Purchaser to compensate any Funding
Source) for such increased cost or reduction. Without limiting the foregoing,
the Seller acknowledges and agrees that the fees and other amounts payable by
the Seller to the Purchasers and the Agent have been negotiated on the basis
that the unused portion of the Related Bank Purchaser's Commitment is treated as
a "short term commitment" for which there is no regulatory capital requirement.
If any Related Bank Purchaser determines it is required to maintain capital
against its Unused Commitment (or any Purchaser is required to maintain capital
against its Investment) in excess of the amount of capital it would be required
to maintain against a funded loan in the same amount, such Purchaser shall be
entitled to compensation under this Section 6.2.

                                      -21-

<PAGE>

          Section 6.3. Other Costs and Expenses. The Seller shall pay to the
Agent (with respect to amounts owed to it) or the applicable Purchaser Agent
(with respect to amounts owed to it or any Purchaser in its Purchaser Group) on
demand all reasonable costs and expenses in connection with (a) the preparation,
execution, delivery and administration (including amendments of any provision)
of the Transaction Documents, (b) the sale of the Sold Interest, (c) the
perfection of the Agent's rights in the Receivables and Collections, (d) the
enforcement by the Agent, any Purchaser Agent or the Purchasers of the
obligations of the Seller under the Transaction Documents or of any Obligor
under a Receivable and (e) the maintenance by the Agent of the Lock-Boxes and
Lock-Box Accounts, including fees, costs and expenses of legal counsel for the
Agent and each Purchaser Agent relating to any of the foregoing or to advising
the Agent, any Purchaser Agent and any Funding Source about its rights and
remedies under any Transaction Document or any related Funding Agreement and all
costs and expenses (including counsel fees and expenses) of the Agent, each
Purchaser Agent, each Purchaser and each Funding Source in connection with the
enforcement of the Transaction Documents or any Funding Agreement and in
connection with the administration of the Transaction Documents following a
Termination Event. The Seller shall reimburse each Conduit Purchaser for any
amounts such Conduit Purchaser must pay to any Funding Source pursuant to the
related Transfer Agreement, this Agreement and the Funding Agreements related
thereto on account of any Tax.

          Section 6.4. Withholding Taxes. (a) All payments made by the Seller
hereunder shall be made without withholding for or on account of any present or
future taxes (other than overall net income taxes on the recipient). If any such
withholding is so required, the Seller shall make the withholding, pay the
amount withheld to the appropriate authority before penalties attach thereto or
interest accrues thereon and pay such additional amount as may be necessary to
ensure that the net amount actually received by each Purchaser, Purchaser Agent
and the Agent free and clear of such taxes (including such taxes on such
additional amount) is equal to the amount that Purchaser, Purchaser Agent or the
Agent (as the case may be) would have received had such withholding not been
made. If the Agent, any Purchaser Agent or any Purchaser pays any such taxes,
penalties or interest the Seller shall reimburse the Agent, such Purchaser Agent
or such Purchaser for that payment on demand. If the Seller pays any such taxes,
penalties or interest, it shall deliver official tax receipts evidencing that
payment or certified copies thereof to the related Purchaser Agent on whose
account such withholding was made (with a copy to the Agent if not the recipient
of the original) on or before the thirtieth day after payment.

          (b) Before the first date on which any amount is payable hereunder for
the account of any Purchaser not incorporated under the laws of the USA such
Purchaser shall deliver to the Seller and the Agent each two (2) duly completed
copies of United States Internal Revenue Service Form W-8BEN or W-8ECI (or
successor applicable form) certifying that such Purchaser is entitled to receive
payments hereunder without deduction or withholding of any United States federal
income taxes. Each such Purchaser shall replace or update such forms when
necessary to maintain any applicable exemption and as requested by the Agent or
the Seller.

          Section 6.5. Payments and Allocations. If any Person seeks
compensation pursuant to Section 6.1 or 6.2 of this Article VI, such Person
shall deliver to the Seller and the Agent a certificate setting forth the amount
due to such Person, a description of the circumstance giving

                                      -22-

<PAGE>

rise thereto and the basis of the calculations of such amount, which certificate
shall be conclusive absent manifest error. The Seller shall pay to the Agent
(with respect to amounts owed to it) or the applicable Purchaser Agent (with
respect to amounts owed to it or any Purchaser in its Purchaser Group), for the
account of such Person the amount shown as due on any such certificate within 10
Business Days after receipt of the notice.

                                   ARTICLE VII
                              CONDITIONS PRECEDENT

          Section 7.1. Conditions to Closing. This Agreement shall become
effective on the first date all conditions in this Section 7.1 are satisfied. On
or before such date, the Seller shall deliver to the Agent and each Purchaser
Agent the following documents in form, substance and quantity acceptable to the
Agent and each Purchaser Agent, as applicable:

          (a) A certificate of the Secretary of each of the Seller and each
Swift Entity certifying (i) the resolutions of the Seller's and each Swift
Entity's board of directors approving each Transaction Document to which it is a
party, (ii) the name, signature, and authority of each officer who executes on
the Seller's or any Swift Entity's behalf a Transaction Document (on which
certificate the Agent and each Purchaser may conclusively rely until a revised
certificate is received), (iii) the Seller's and each Swift Entity's certificate
or articles of incorporation certified by the Secretary of State of its state of
incorporation, (iv) a copy of the Seller's and each Swift Entity's by-laws and
(v) good standing certificates issued by the Secretaries of State of each
jurisdiction where the Seller or any Swift Entity is incorporated or has its
principal place of business.

          (b) All instruments and other documents required, or deemed desirable
by the Agent, to perfect the Agent's first priority interest in the Receivables,
Collections, the Purchase Agreement and the Lock-Box Accounts in all appropriate
jurisdictions.

          (c) For the Originator and Seller, UCC search reports from each
jurisdiction where such Person is incorporated.

          (d) Executed copies of (i) all consents and authorizations necessary
in connection with the Transaction Documents (ii) all Lock-Box Letters, (iii) a
compliance certificate in the form of Exhibit G covering the period ending
November 30, 2005, (iv) a Periodic Report covering the month ended November 30,
2005 and (v) each Transaction Document.

          (e) Favorable opinions of counsel to the Seller and each Swift Entity
covering such matters as the Agent or any Purchaser Agent may request.

          (f) Such other approvals, opinions or documents as the Agent or any
Purchaser Agent may request.

          (g) All legal matters related to the Purchase are satisfactory to the
Purchasers.

                                      -23-

<PAGE>

          Section 7.2. Conditions to Each Purchase. The obligation of each
related Bank Related Bank Purchaser to make any Purchase, and the right of the
Seller to request or accept any Purchase, are subject to the conditions (and
each Purchase shall evidence the Seller's representation and warranty that
clauses (a)-(e) of this Section 7.2 have been satisfied) that on the date of
such Purchase before and after giving effect to the Purchase:

          (a) no Potential Termination Event (or in the case of a Reinvestment
Purchase, a Termination Event) shall then exist or shall occur as a result of
the Purchase;

          (b) the Termination Date has not occurred;

          (c) after giving effect to the application of the proceeds of such
Purchase, (x) the outstanding Matured Aggregate Investment would not exceed the
Aggregate Commitment and (y) the outstanding Aggregate Investment would not
exceed the Purchase Limit;

          (d) the representations and warranties in Section 4.1 are true and
correct in all material respects on and as of such date (except to the extent
such representations and warranties relate solely to an earlier date and then
are true and correct as of such earlier date); and

          (e) each of the Seller and each Swift Entity is in full compliance
with the Transaction Documents (including all covenants and agreements in
Article V).

Nothing in this Section 7.2 limits the obligations of each Related Bank
Purchaser to its related Conduit Purchaser (including the Transfer Agreement).

                                  ARTICLE VIII
                                    THE AGENT

          Section 8.1. Appointment and Authorization. (a) Each Purchaser and
each Purchaser Agent hereby irrevocably designates and appoints ABN AMRO Bank
N.V. as the "Agent" under the Transaction Documents and authorizes the Agent to
take such actions and to exercise such powers as are delegated to the Agent
thereby and to exercise such other powers as are reasonably incidental thereto.
The Agent shall hold, in its name, for the benefit of each Purchaser, the
Purchase Interest of the Purchaser. The Agent shall not have any duties other
than those expressly set forth in the Transaction Documents or any fiduciary
relationship with any Purchaser, and no implied obligations or liabilities shall
be read into any Transaction Document, or otherwise exist, against the Agent.
The Agent does not assume, nor shall it be deemed to have assumed, any
obligation to, or relationship of trust or agency with, the Seller.
Notwithstanding any provision of this Agreement or any other Transaction
Document, in no event shall the Agent ever be required to take any action which
exposes the Agent to personal liability or which is contrary to the provision of
any Transaction Document or applicable law.

          (b) Each Purchaser hereby irrevocably designates and appoints the
respective institution identified on the applicable signature page hereto (as
applicable) as its Purchaser Agent

                                      -24-

<PAGE>

hereunder, and each authorizes such Purchaser Agent to take such action on its
behalf under the provisions of this Agreement and to exercise such powers and
perform such duties as are expressly delegated to such Purchaser Agent by the
terms of this Agreement, if any, together with such other powers as are
reasonably incidental thereto. Notwithstanding any provision to the contrary
elsewhere in this Agreement, no Purchaser Agent shall have any duties or
responsibilities, except those expressly set forth herein, or any fiduciary
relationship with any Purchaser or other Purchaser Agent or the Agent, and no
implied covenants, functions, responsibilities, duties, obligations or
liabilities on the part of such Purchaser Agent shall be read into this
Agreement or otherwise exist against such Purchaser Agent.

          (c) Except as otherwise specifically provided in this Agreement, the
provisions of this Article VIII are solely for the benefit of the Purchaser
Agents, the Agent and the Purchasers, and none of the Seller or any Collection
Agent shall have any rights as a third-party beneficiary or otherwise under any
of the provisions of this Article VIII, except that this Article VIII shall not
affect any obligations which any Purchaser Agent, the Agent or the Purchaser may
have to the Seller or any Collection Agent under the other provisions of this
Agreement. Furthermore, no Purchaser shall have any rights as a third-party
beneficiary or otherwise under any of the provisions hereof in respect of a
Purchaser Agent which is not the Purchaser Agent for such Purchaser.

          (d) In performing its functions and duties hereunder, the Agent shall
act solely as the agent of the Purchasers and the Purchaser Agents and does not
assume nor shall be deemed to have assumed any obligation or relationship of
trust or agency with or for the Seller or Collection Agent or any of their
successors and assigns. In performing its functions and duties hereunder, each
Purchaser Agent shall act solely as the agent of its respective Purchaser and
does not assume nor shall be deemed to have assumed any obligation or
relationship of trust or agency with or for the Seller, any Collection Agent,
any other Purchaser, any other Purchaser Agent or the Agent, or any of their
respective successors and assigns.

          Section 8.2. Delegation of Duties. The Agent may execute any of its
duties through agents or attorneys-in-fact and shall be entitled to advice of
counsel concerning all matters pertaining to such duties. The Agent shall not be
responsible for the negligence or misconduct of any agents or attorneys-in-fact
selected by it with reasonable care.

          Section 8.3. Exculpatory Provisions. None of the Agent, any Purchaser
Agent or any of their respective directors, officers, agents or employees shall
be liable for any action taken or omitted (i) with the consent or at the
direction of the Instructing Group or (ii) in the absence of such Person's gross
negligence or willful misconduct. Neither the Agent nor any Purchaser Agent
shall be responsible to any Purchaser or other Person for (i) any recitals,
representations, warranties or other statements made by the Seller, any Swift
Entity or any of their Affiliates, (ii) the value, validity, effectiveness,
genuineness, enforceability or sufficiency of any Transaction Document, (iii)
any failure of the Seller, any Swift Entity or any of their Affiliates to
perform any obligation or (iv) the satisfaction of any condition specified in
Article VII. Neither the Agent nor any Purchaser Agent shall have any obligation
to any Purchaser to ascertain or inquire about the observance or performance of
any agreement contained in any Transaction

                                      -25-

<PAGE>

Document or to inspect the properties, books or records of the Seller, any Swift
Entity or any of their Affiliates.

          Section 8.4. Reliance by Agent. (a) Each Purchaser Agent and the Agent
shall in all cases be entitled to rely, and shall be fully protected in relying,
upon any document, other writing or conversation believed by it to be genuine
and correct and to have been signed, sent or made by the proper Person and upon
advice and statements of legal counsel (including counsel to the Seller),
independent accountants and other experts selected by the Agent. Each Purchaser
Agent and the Agent shall in all cases be fully justified in failing or refusing
to take any action under any Transaction Document unless it shall first receive
such advice or concurrence of the Purchasers, and assurance of its
indemnification, as it deems appropriate.

          (b) The Agent shall in all cases be fully protected in acting, or in
refraining from acting, under this Agreement in accordance with a request of the
Purchasers or the Purchaser Agents, and such request and any action taken or
failure to act pursuant thereto shall be binding upon all Purchasers, the Agent
and Purchaser Agents.

          (c) For each Purchaser Group, 66-2/3% of the Commitments represented
by such Purchaser Group (each, a "Voting Block"), shall be required to request
or direct the applicable Purchaser Agent to take action, or refrain from taking
action, under this Agreement on behalf of such Purchasers. Such Purchaser Agent
shall in all cases be fully protected in acting, or in refraining from acting,
under this Agreement in accordance with a request of its appropriate Voting
Block, and such request and any action taken or failure to act pursuant thereto
shall be binding upon all of such Purchaser Agent's Purchasers.

          (d) Unless otherwise advised in writing by a Purchaser Agent or by any
Purchaser on whose behalf such Purchaser Agent is purportedly acting, each party
to this Agreement may assume that (i) such Purchaser Agent is acting for the
benefit of each of the Purchasers in respect of which such Purchaser Agent is
identified as being the "Purchaser Agent" in the definition of "Purchaser Agent"
hereto, as well as for the benefit of each assignee or other transferee from any
such Person, and (ii) each action taken by such Purchaser Agent has been duly
authorized and approved by all necessary action on the part of the Purchasers on
whose behalf it is purportedly acting. Each initial Purchaser (or, with the
consent of all other Purchasers then existing, any other Purchasers) shall have
the right to designate a new Purchaser Agent (which may be itself) to act on its
behalf and on behalf of its assignees and transferees for purposes of this
Agreement by giving to the Agent written notice thereof signed by such
Purchaser(s) and the newly designated Purchaser Agent. Such notice shall be
effective when receipt thereof is acknowledged by the Agent, which
acknowledgment the Agent shall not unreasonably delay giving, and thereafter the
party named as such therein shall be Purchaser Agent for such Purchaser under
this Agreement. Each Purchaser Agent and its Purchaser(s) shall agree amongst
themselves as to the circumstances and procedures for removal and resignation of
such Purchaser Agent.

          Section 8.5. Assumed Payments. Unless the Agent shall have received
notice from the applicable Purchaser Agent before the date of any Incremental
Purchase that the applicable Purchaser Group will not make available to the
Agent (in the case of an Incremental Purchase) or

                                      -26-

<PAGE>

the applicable Purchaser Agent (in the case of a Put) the amount it is scheduled
to remit as part of such Incremental Purchase, the Agent may assume such
Purchaser Group has made such amount available to the Agent when due (an
"Assumed Payment") and, in reliance upon such assumption, the Agent may (but
shall have no obligation to) make available such amount to the appropriate
Person. If and to the extent that any Purchaser shall not have made its Assumed
Payment available to the Agent, such Purchaser and the Seller hereby agrees to
pay the Agent forthwith on demand such unpaid portion of such Assumed Payment up
to the amount of funds actually paid by the Agent, together with interest
thereon for each day from the date of such payment by the Agent until the date
the requisite amount is repaid to the Agent, at a rate per annum equal to the
Federal Funds Rate plus 2%.

          Section 8.6. Notice of Termination Events. Neither any Purchaser Agent
nor the Agent shall be deemed to have knowledge or notice of the occurrence of
any Potential Termination Event unless the Agent or such Purchaser Agent has
received notice from any Purchaser or the Seller stating that a Potential
Termination Event has occurred hereunder and describing such Potential
Termination Event. In the event that the Agent receives such a notice, it shall
promptly give notice thereof to each Purchaser Agent whereupon each Purchaser
Agent shall promptly give notice thereof to its Purchasers. In the event that a
Purchaser Agent receives such a notice (other than from the Agent), it shall
promptly give notice thereof to the Agent. The Agent shall take such action
concerning a Potential Termination Event as may be directed by the Instructing
Group (or, in the case where there are only two Purchaser Groups and neither
Purchaser Group has a majority of the Commitments, either Purchaser Agent except
if the proposed action is a waiver of the consequences of the Potential
Termination Event, in which case such waiver shall require the consent of the
Instructing Group) (or, if otherwise required for such action, all of the
Purchasers), but until the Agent receives such directions, the Agent may (but
shall not be obligated to) take such action, or refrain from taking such action,
as the Agent deems advisable and in the best interests of the Purchasers and
Purchaser Agents.

          Section 8.7. Non-Reliance on Agent, Purchaser Agents and Other
Purchasers. Each Purchaser expressly acknowledges that none of the Agent, the
Purchaser Agents or any of their respective officers, directors, employees,
agents, attorneys-in-fact or Affiliates has made any representations or
warranties to it and that no act by the Agent or any Purchaser Agent hereafter
taken, including any review of the affairs of the Seller or any Originator,
shall be deemed to constitute any representation or warranty by the Agent or
such Purchaser Agent, as applicable. Each Purchaser represents and warrants to
the Agent and the Purchaser Agents that, independently and without reliance upon
the Agent, Purchaser Agents or any other Purchaser and based on such documents
and information as it has deemed appropriate, it has made and will continue to
make its own appraisal of and investigation into the business, operations,
property, prospects, financial and other conditions and creditworthiness of the
Seller, any Originator, and the Receivables and its own decision to enter into
this Agreement and to take, or omit, action under any Transaction Document. The
Agent shall deliver each month to any Purchaser Agent that so requests a copy of
the Periodic Report(s) received covering the preceding calendar month. Except
for items specifically required to be delivered hereunder, the Agent shall not
have any duty or responsibility to provide any Purchaser Agent or Purchaser with
any information concerning the Seller, any Originator or any of their Affiliates
that comes into the possession of the Agent or any of its officers, directors,
employees, agents, attorneys-in-fact or Affiliates.

                                      -27-

<PAGE>

          Section 8.8. Agents and Affiliates. Each of the Purchaser Agents, the
Purchasers and the Agent and their respective Affiliates may extend credit to,
accept deposits from and generally engage in any kind of banking, trust, debt,
entity or other business with the Seller, each Originator or any of their
Affiliates and ABN AMRO may exercise or refrain from exercising its rights and
powers as if it were not the Agent. With respect to the acquisition of the
Receivables pursuant to this Agreement, each of the Purchaser Agents and the
Agents shall have the same rights and powers under this Agreement as any
Purchaser and may exercise the same as though it were not such an agent, and the
terms "Purchaser" and "Purchasers" shall include each of the Purchaser Agents
and the Agent in their individual capacities.

          Section 8.9. Indemnification. Each Purchaser Group shall indemnify and
hold harmless the Agent and its officers, directors, employees, representatives
and agents (to the extent not reimbursed by the Seller or any Swift Entity and
without limiting the obligation of the Seller or any Swift Entity to do so),
ratably in accordance with its Ratable Share from and against any and all
liabilities, obligations, losses, damages, penalties, judgments, settlements,
costs, expenses and disbursements of any kind whatsoever (including in
connection with any investigative or threatened proceeding, whether or not the
Agent or such Person shall be designated a party thereto) that may at any time
be imposed on, incurred by or asserted against the Agent or such Person as a
result of, or related to, any of the transactions contemplated by the
Transaction Documents or the execution, delivery or performance of the
Transaction Documents or any other document furnished in connection therewith
(but excluding any such liabilities, obligations, losses, damages, penalties,
judgments, settlements, costs, expenses or disbursements resulting solely from
the gross negligence or willful misconduct of the Agent or such Person as
finally determined by a court of competent jurisdiction).

          Section 8.10. Successor Agent. The Agent may, upon at least five (5)
days notice to the Seller, each Purchaser Agent and each Purchaser, resign as
Agent. Such resignation shall not become effective until a successor agent is
appointed by the Instructing Group and has accepted such appointment. Upon such
acceptance of its appointment as Agent hereunder by a successor Agent, such
successor Agent shall succeed to and become vested with all the rights and
duties of the retiring Agent, and the retiring Agent shall be discharged from
its duties and obligations under the Transaction Documents. After any retiring
Agent's resignation hereunder, the provisions of Article VI and this Article
VIII shall inure to its benefit as to any actions taken or omitted to be taken
by it while it was the Agent.

                                   ARTICLE IX
                                  MISCELLANEOUS

          Section 9.1. Termination. Each Conduit Purchaser shall cease to be a
party hereto when the Termination Date has occurred, such Conduit Purchaser
holds no Investment and all amounts payable to it hereunder have been
indefeasibly paid in full. This Agreement shall terminate following the
Termination Date when no Investment is held by a Purchaser and all other amounts
payable hereunder have been indefeasibly paid in full, but the rights and
remedies of the Agent, each Purchaser Agent and each Purchaser under Article VI
and Section 8.9 shall survive such termination.

                                      -28-

<PAGE>

          Section 9.2. Notices. Unless otherwise specified, all notices and
other communications hereunder shall be in writing (including by telecopier or
other facsimile communication), given to the appropriate Person at its address
or telecopy number set forth on the signature pages hereof or at such other
address or telecopy number as such Person may specify, and effective when
received at the address specified by such Person. Each party hereto, however,
authorizes the Agent and each Purchaser Agent to act on telephone notices of
Purchases and Discount Rate and Tranche Period selections from any person the
Agent or such Purchaser Agent in good faith believes to be acting on behalf of
the relevant party and, at the Agent's or such Purchaser Agent's option, to tape
record any such telephone conversation. Each party hereto agrees to deliver
promptly a confirmation of each telephone notice given or received by such party
(signed by an authorized officer of such party), but the absence of such
confirmation shall not affect the validity of the telephone notice. The Agent's
or such Purchaser Agent's records of all such conversations shall be deemed
correct and, if the confirmation of a conversation differs in any material
respect from the action taken by the Agent or such Purchaser Agent, the records
of the Agent or such Purchaser Agent shall govern absent manifest error. The
number of days for any advance notice required hereunder may be waived (orally
or in writing) by the Person receiving such notice and, in the case of notices
to the Agent, the consent of each Person to which the Agent or such Purchaser
Agent is required to forward such notice.

          Section 9.3. Payments and Computations. Notwithstanding anything
herein to the contrary, any amounts to be paid or transferred by the Seller or
the Collection Agent to, or for the benefit of, any Purchaser or any other
Person shall be paid or transferred to the Agent (for the benefit of such
Purchaser or other Person). The Agent or appropriate Purchaser Agent shall
promptly (and, if reasonably practicable, on the day it receives such amounts)
forward each such amount to the Person entitled thereto and such Person shall
apply the amount in accordance herewith. All amounts to be paid or deposited
hereunder shall be paid or transferred on the day when due in immediately
available Dollars (and, if due from the Seller or Collection Agent, by 1:00 p.m.
(Chicago time), with amounts received after such time being deemed paid on the
Business Day following such receipt). The Seller hereby authorizes the Agent to
debit the Seller Account for application to any amounts owed by the Seller
hereunder. The Seller shall, to the extent permitted by law, pay to the Agent or
the appropriate Purchaser Agent upon demand, for the account of the applicable
Person, interest on all amounts not paid or transferred by the Seller or the
Collection Agent when due hereunder at a rate equal to the Prime Rate plus 2%,
calculated from the date any such amount became due until the date paid in full.
Any payment or other transfer of funds scheduled to be made on a day that is not
a Business Day shall be made on the next Business Day, and any Discount Rate or
interest rate accruing on such amount to be paid or transferred shall continue
to accrue to such next Business Day. All computations of interest, fees, and
Discount shall be calculated for the actual days elapsed based on a 360 day
year.

          Section 9.4. Sharing of Recoveries. Each Purchaser agrees that if it
receives any recovery, through set-off, judicial action or otherwise, on any
amount payable or recoverable hereunder in a greater proportion than should have
been received hereunder or otherwise inconsistent with the provisions hereof,
then the recipient of such recovery shall purchase for cash an interest in
amounts owing to the other Purchasers (as return of Investment or otherwise),
without representation or warranty except for the representation and warranty
that such interest is being sold by each such other Purchaser free and clear of
any Adverse Claim created or granted

                                      -29-

<PAGE>

by such other Purchaser, in the amount necessary to create proportional
participation by the Purchasers in such recovery (as if such recovery were
distributed pursuant to Section 2.3). If all or any portion of such amount is
thereafter recovered from the recipient, such purchase shall be rescinded and
the purchase price restored to the extent of such recovery, but without
interest.

          Section 9.5. Right of Setoff. During a Termination Event, each
Purchaser is hereby authorized (in addition to any other rights it may have) to
setoff, appropriate and apply (without presentment, demand, protest or other
notice which are hereby expressly waived) any deposits and any other
indebtedness held or owing by such Purchaser (including by any branches or
agencies of such Purchaser) to, or for the account of, the Seller against
amounts owing by the Seller hereunder (even if contingent or unmatured).

          Section 9.6. Amendments. Except as otherwise expressly provided
herein, no amendment or waiver hereof shall be effective unless signed by the
Seller, the Agent and the Instructing Group. In addition, no amendment of any
Transaction Document shall, without the consent of (a) all the Purchasers, (i)
extend the Termination Date or the date of any payment or transfer of
Collections by the Seller to the Collection Agent or by the Collection Agent to
the Agent or any Purchaser Agent, (ii) reduce the rate or extend the time of
payment of Discount for any Eurodollar Tranche or Prime Tranche, (iii) reduce or
extend the time of payment of any fee payable to the Related Bank Purchasers,
(iv) except as provided herein, release, transfer or modify any Related Bank
Purchaser's Purchase Interest or change any Commitment, (v) amend the definition
of Instructing Group, Termination Event or Section 1.1, 1.2, 1.5, 1.7(a), 2.1,
2.2, 2.3, 7.2 or 9.6, Article VI, Section 2.1 of the Transfer Agreement, or any
provision of the Limited Guaranty or any obligation of any Swift Entity
thereunder, (vi) consent to the assignment or transfer by the Seller or the
Originator of any interest in the Receivables other than transfers under the
Transaction Documents or permit any Swift Entity to transfer any of its
obligations under any Transaction Document except as expressly contemplated by
the terms of the Transaction Documents, or (vii) amend any defined term relevant
to the restrictions in clauses (i) through (vi) in a manner which would
circumvent the intention of such restrictions or (b) the Agent and each affected
Purchaser Agent, amend any provision hereof if the effect thereof is to affect
the indemnities to, or the rights or duties of, the Agent or any Purchaser Agent
or to reduce any fee payable for the Agent's or such Purchaser Agent's own
account. Notwithstanding the foregoing, the amount of any fee or other payment
due and payable from the Seller or the Collection Agent to the Agent (for its
own account), any Purchaser Agent or any Purchaser may be changed or otherwise
adjusted solely with the consent of the Seller and the party to which such
payment is payable. Any amendment hereof shall apply to each Purchaser equally
and shall be binding upon the Seller, the Purchaser Agents, the Purchasers and
the Agent.

          Section 9.7. Waivers. No failure or delay of the Agent, any Purchaser
Agent or any Purchaser in exercising any power, right, privilege or remedy
hereunder shall operate as a waiver thereof, nor shall any single or partial
exercise of any such power, right, privilege or remedy preclude any other or
further exercise thereof or the exercise of any other power, right, privilege or
remedy. Any waiver hereof shall be effective only in the specific instance and
for the specific purpose for which such waiver was given. After any waiver, the
Seller, the Purchasers, the Purchaser Agents and the Agent shall be restored to
their former position and rights and any Potential Termination Event waived
shall be deemed to be cured and not continuing, but no such

                                      -30-

<PAGE>

waiver shall extend to (or impair any right consequent upon) any subsequent or
other Potential Termination Event. Any additional Discount that has accrued
after a Termination Event before the execution of a waiver thereof, solely as a
result of the occurrence of such Termination Event, may be waived by the Agent
or related Purchaser Agent at the direction of the Purchaser entitled thereto.

          Section 9.8. Successors and Assigns; Participations; Assignments.

          (a) Successors and Assigns. This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and
assigns. Except as otherwise provided herein, the Seller may not assign or
transfer any of its rights or delegate any of its duties without obtaining the
prior consent of the Agent, the Purchaser Agent and the Purchasers.

          (b) Participations. Any Purchaser may sell to one or more Persons
(each a "Participant") participating interests in the interests of such
Purchaser hereunder and under the Transfer Agreement. Such Purchaser shall
remain solely responsible for performing its obligations hereunder, and the
Seller, each Purchaser Agent and the Agent shall continue to deal solely and
directly with such Purchaser in connection with such Purchaser's rights and
obligations hereunder and under the Transfer Agreement. Each Participant shall
be entitled to the benefits of Article VI and shall have the right of setoff
through its participation in amounts owing hereunder to the same extent as if it
were a Purchaser hereunder and under the Transfer Agreement, which right of
setoff is subject to such Participant's obligation to share with the Purchasers
as provided in Section 9.4. A Purchaser shall not agree with a Participant to
restrict such Purchaser's right to agree to any amendment hereto or to the
Transfer Agreement, except amendments described in clause (a) of Section 9.6.

          (c) Assignments by Related Bank Purchasers. Any Related Bank Purchaser
may assign to one or more Persons ("Purchasing Related Bank Purchasers"),
acceptable to the Agent in its sole discretion, any portion of its Commitment as
a Related Bank Purchaser hereunder and under its Transfer Agreement and Purchase
Interest pursuant to a supplement hereto and to its Transfer Agreement (a
"Transfer Supplement") in form satisfactory to the Agent executed by each such
Purchasing Related Bank Purchaser, such selling Related Bank Purchaser and the
Agent. Any such assignment by a Related Bank Purchaser must be for an amount of
at least Five Million Dollars. Any partial assignment shall be an assignment of
an identical percentage of such selling Related Bank Purchaser's Investment and
its Commitment as a Related Bank Purchaser hereunder and under its Transfer
Agreement. Upon the execution and delivery to the Agent of the Transfer
Supplement and payment by the Purchasing Related Bank Purchaser to the selling
Related Bank Purchaser of the agreed purchase price, such selling Related Bank
Purchaser shall be released from its obligations hereunder and under its
Transfer Agreement to the extent of such assignment and such Purchasing Related
Bank Purchaser shall for all purposes be a Related Bank Purchaser party hereto
and shall have all the rights and obligations of a Related Bank Purchaser
hereunder to the same extent as if it were an original party hereto and to its
Transfer Agreement with a Commitment as a Related Bank Purchaser, any Investment
and any related Assigned Settlement described in the Transfer Supplement.

                                      -31-

<PAGE>

          (d) Replaceable Related Bank Purchasers. If any Related Bank Purchaser
(a "Replaceable Related Bank Purchaser") shall (i) petition the Seller for any
amounts under Section 6.2 or (ii) have a short-term debt rating lower than the
"A-1" by S&P and "P-1" by Moody's, the Seller or applicable Conduit Purchaser
may designate a replacement financial institution (a "Replacement Related Bank
Purchaser") acceptable to the Agent and the applicable Conduit Purchaser, in its
sole discretion, to which such Replaceable Related Bank Purchaser shall, subject
to its receipt of an amount equal to its Investment, any related Assigned
Settlement, and accrued Discount and fees thereon (plus, from the Seller, any
Early Payment Fee that would have been payable if such transferred Investment
had been paid on such date) and all amounts payable under Section 6.2, promptly
assign all of its rights, obligations and Related Bank Purchaser Commitment
hereunder and under the Transfer Agreement, together with all of its Purchase
Interest, and any related Assigned Settlement, to the Replacement Related Bank
Purchaser in accordance with Section 9.8(c).

          (e) Assignment by Conduit Purchasers. Each party hereto agrees and
consents (i) to each Conduit Purchaser's assignment, participation, grant of
security interests in or other transfers of any portion of or any of its
beneficial interest in, the Purchase Interest and the related Assigned
Settlement and (ii) to the complete assignment by such Conduit Purchaser of all
of its rights and obligations hereunder to any Person reasonably acceptable to
Agent, and upon such assignment such Conduit Purchaser shall be released from
all obligations and duties hereunder; provided, however, that a Conduit
Purchaser may not, without the prior consent of its Related Bank Purchaser,
transfer any of its rights under the related Transfer Agreement to cause its
Related Bank Purchaser to purchase the Purchaser Interest of such Conduit
Purchaser and the Assigned Settlement unless the assignee (i) is a corporation
whose principal business is the purchase of assets similar to the Receivables,
(ii) has the related Purchaser Agent as its administrative agent and (iii)
issues commercial paper with credit ratings substantially comparable to the then
current ratings of such Conduit Purchaser. Each new Conduit Purchaser shall pay
a fee of Three Thousand Dollars to the Agent. Each Conduit Purchaser shall
notify the Seller prior to any such assignment and shall promptly notify each
other party hereto of any such assignment. Upon such an assignment of any
portion of a Conduit Purchaser's Purchase Interest and the related Assigned
Settlement and the payment to the Agent of the fee specified above, the assignee
shall have all of the rights of such Conduit Purchaser hereunder relate to such
Purchase Interest and related Assigned Settlement.

          (f) Opinions of Counsel. If required by the Agent or to maintain the
Ratings, each Transfer Supplement must be accompanied by an opinion of counsel
of the assignee as to such matters as the Agent or such Purchaser Agent may
reasonably request.

          Section 9.9. Intended Tax Characterization. It is the intention of the
parties hereto that, for the purposes of all Taxes, the transactions
contemplated hereby shall be treated as a loan by the Purchasers (through the
Agent) to the Seller that is secured by the Receivables (the "Intended Tax
Characterization"). The parties hereto agree to report and otherwise to act for
the purposes of all Taxes in a manner consistent with the Intended Tax
Characterization. As provided in Section 5.1(g), the Seller hereby grants to the
Agent, for the ratable benefit of the Purchasers, a security interest in all
Receivables and Collections to secure the payment of all amounts other

                                      -32-

<PAGE>

than Investment owing hereunder and (to the extent of the Sold Interest) to
secure the repayment of all Investment.

          Section 9.10. Confidentiality. The parties hereto agree to hold the
Transaction Documents or any other confidential or proprietary information
received in connection therewith in confidence and agree not to provide any
Person with copies of any Transaction Document or such other confidential or
proprietary information other than to (i) any officers, directors, members,
managers, employees or outside accountants, auditors or attorneys thereof, (ii)
any prospective or actual assignee or participant which (in each case) has
signed a confidentiality agreement substantially in the form of the
confidentiality agreement signed by the Agent prior to the date hereof, (iii)
any rating agency, (iv) any surety, guarantor or credit or liquidity enhancer to
the Agent, any Purchaser Agent or any Purchaser which (in each case) has signed
a confidentiality agreement substantially in the form of the confidentiality
agreement signed by the Agent prior to the date hereof, (v) Conduit Purchaser's
administrator, management company, referral agents, issuing agents or
depositaries or CP Dealers and (vi) Governmental Authorities with appropriate
jurisdiction. Notwithstanding the above stated obligations, provided that the
other parties hereto are given notice of the intended disclosure or use, the
parties hereto will not be liable for disclosure or use of such information
which such Person can establish by tangible evidence: (i) was required by law,
including pursuant to a valid subpoena or other legal process, (ii) was in such
Person's possession or known to such Person prior to receipt or (iii) is or
becomes known to the public through disclosure in a printed publication (without
breach of any of such Person's obligations hereunder). In addition, the
foregoing provisions of this Section 9.10 shall not prevent any party hereto
from delivering any Transaction Document to any Person upon request if such
Transaction Document was publicly filed by such party pursuant to the
requirements of any Governmental Authority.

          Section 9.11. Agreement Not to Petition. Each party hereto agrees, for
the benefit of the holders of the privately or publicly placed indebtedness for
borrowed money for each Conduit Purchaser, not, prior to the date which is one
(1) year and one (1) day after the payment in full of all such indebtedness, to
acquiesce, petition or otherwise, directly or indirectly, invoke, or cause such
Conduit Purchaser to invoke, the process of any governmental authority for the
purpose of (a) commencing or sustaining a case against such Conduit Purchaser
under any federal or state bankruptcy, insolvency or similar law (including the
Federal Bankruptcy Code), (b) appointing a receiver, liquidator, assignee,
trustee, custodian, sequestrator or other similar official for such Conduit
Purchaser, or any substantial part of its property, or (c) ordering the winding
up or liquidation of the affairs of such Conduit Purchaser. The provisions of
this Section 9.11 shall survive termination hereof.

          Section 9.12. Excess Funds. Notwithstanding any provisions contained
in this Agreement to the contrary, no Conduit Purchaser shall, nor shall be
obligated to, pay any amount pursuant to this Agreement unless (i) such Conduit
Purchaser has received funds which may be used to make such payment and which
funds are not required to repay its commercial paper notes when due and (ii)
after giving effect to such payment, either (x) such Conduit Purchaser could
issue commercial paper notes to refinance all of its outstanding commercial
paper notes (assuming such outstanding commercial paper notes matured at such
time) in accordance with the program documents governing such Conduit
Purchaser's securitization program or (y) all of such Conduit

                                      -33-

<PAGE>

Purchaser's commercial paper notes are paid in full. Any amount which a Conduit
Purchaser does not pay pursuant to the operation of the preceding sentence shall
not constitute a claim (as defined in Section 101 of the United States
Bankruptcy Code) against or corporate obligation of such Conduit Purchaser for
any such insufficiency unless and until such Conduit Purchaser satisfies the
provisions of clauses (i) and (ii) above. The provisions of this Section 9.12
shall survive the termination of this Agreement.

          Section 9.13. No Recourse. The obligations of each Conduit Purchaser,
its management company, its administrator and its referral agents (each a
"Program Administrator") under any Transaction Document or other document (each,
a "Program Document") to which a Program Administrator is a party are solely the
corporate obligations of such Program Administrator and no recourse shall be had
for such obligations against any Affiliate, director, officer, member, manager,
employee, attorney or agent of any Program Administrator.

          Section 9.14. Headings; Counterparts. Article and Section Headings in
this Agreement are for reference only and shall not affect the construction of
this Agreement. This Agreement may be executed by different parties on any
number of counterparts, each of which shall constitute an original and all of
which, taken together, shall constitute one and the same agreement.

          Section 9.15. Cumulative Rights and Severability. All rights and
remedies of the Purchasers, Purchaser Agents and Agent hereunder shall be
cumulative and non-exclusive of any rights or remedies such Persons have under
law or otherwise. Any provision hereof that is prohibited or unenforceable in
any jurisdiction shall, in such jurisdiction, be ineffective to the extent of
such prohibition or unenforceability without invalidating the remaining
provisions hereof and without affecting such provision in any other
jurisdiction.

          Section 9.16. Governing Law; Submission to Jurisdiction. THIS
AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL
LAWS (AND NOT THE LAW OF CONFLICTS) OF THE STATE OF ILLINOIS. THE SELLER HEREBY
SUBMITS TO THE NONEXCLUSIVE JURISDICTION OF THE UNITED STATES DISTRICT COURT FOR
THE NORTHERN DISTRICT OF ILLINOIS AND OF ANY ILLINOIS STATE COURT SITTING IN
CHICAGO, ILLINOIS FOR PURPOSES OF ALL LEGAL PROCEEDINGS ARISING OUT OF, OR
RELATING TO, THE TRANSACTION DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED THEREBY.
The Seller hereby irrevocably waives, to the fullest extent permitted by law,
any objection it may now or hereafter have to the venue of any such proceeding
and any claim that any such proceeding has been brought in an inconvenient
forum. Nothing in this Section 9.16 shall affect the right of the Agent or any
Purchaser to bring any action or proceeding against the Seller or its property
in the courts of other jurisdictions.

          Section 9.17. WAIVER OF TRIAL BY JURY. TO THE EXTENT PERMITTED BY
APPLICABLE LAW, EACH PARTY HERETO IRREVOCABLY WAIVES ALL RIGHT OF TRIAL BY JURY
IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF, OR IN CONNECTION WITH,
ANY TRANSACTION DOCUMENT OR ANY MATTER ARISING THEREUNDER.

          Section 9.18. Entire Agreement. The Transaction Documents constitute
the entire understanding of the parties thereto concerning the subject matter
thereof. Any previous or

                                      -34-

<PAGE>

contemporaneous agreements, whether written or oral, concerning such matters are
superseded thereby.

          Section 9.19. Seller Address Change. The parties hereto hereby
acknowledge that as of the date hereof, the Seller has changed the address of
its chief executive office to that set forth on its signature page hereto.

                                      -35-

<PAGE>

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

                                        ABN AMRO BANK N.V., as the Agent

                                        By
                                           -------------------------------------
                                        Title:
                                               ---------------------------------

                                        By
                                           -------------------------------------
                                        Title:
                                               ---------------------------------

                                        Address:

                                        540 West Madison
                                        27th Floor
                                        Chicago, Illinois 60661
                                        Attention: Agent-Amsterdam
                                        Telephone: (312) 904-6263
                                        Telecopy: (312) 904-4350

                                        ABN AMRO BANK N.V., as the Related Bank
                                        Purchaser for Amsterdam and as the
                                        Amsterdam Purchaser Agent

                                        By
                                           -------------------------------------
                                        Title:
                                               ---------------------------------

                                        By
                                           -------------------------------------
                                        Title:
                                               ---------------------------------

                                        Address:

                                        540 West Madison
                                        27th Floor
                                        Chicago, Illinois 60661
                                        Attention: Purchaser Agent-Amsterdam
                                        Telephone: (312) 904-6263
                                        Telecopy: (312) 904-4350

                                       S-1

<PAGE>

                                        AMSTERDAM FUNDING CORPORATION

                                        By
                                           -------------------------------------
                                        Title:
                                               ---------------------------------

                                        Address:

                                        c/o Global Securitization Services, LLC
                                        25 West 43rd Street, Suite 704
                                        New York, New York 10036
                                        Attention: Andrew Stidd
                                        Telephone: (212) 302-8330
                                        Telecopy: (212) 302-8767

                                       S-2

<PAGE>

                                        SUNTRUST CAPITAL MARKETS, as the Three
                                        Pillars Purchaser Agent

                                        By
                                           -------------------------------------
                                        Title:
                                               ---------------------------------

                                        Address:

                                        ----------------------------------------

                                        ----------------------------------------

                                        ----------------------------------------

                                        THREE PILLARS FUNDING LLC

                                        By
                                           -------------------------------------
                                        Title:
                                               ---------------------------------

                                        Address:

                                        ----------------------------------------

                                        ----------------------------------------

                                        ----------------------------------------

                                       S-3

<PAGE>

                                        SWIFT RECEIVABLES CORPORATION, as Seller

                                        By
                                           -------------------------------------
                                        Title:
                                               ---------------------------------

                                        Address:

                                        2200 South 75th Avenue
                                        Building B
                                        Phoenix, Arizona 85043
                                        Attention: Vice President
                                        Telephone: (623) 907-7406
                                        Telecopy: (623) 907-7503

                                        SWIFT TRANSPORTATION CORPORATION,
                                        as Initial Collection Agent

                                        By
                                           -------------------------------------
                                        Title:
                                               ---------------------------------

                                        Address:

                                        2200 South 75th Avenue
                                        Phoenix, AZ 85043
                                        Attention: William F. Riley III
                                        Telephone: (623) 907-7406
                                        Telecopy: (623) 907-7503

                                       S-4

<PAGE>

                                        SUNTRUST BANK, as the Related Bank
                                        Purchaser for Three Pillars

                                        By
                                           -------------------------------------
                                        Title:
                                               ---------------------------------

                                        Address:

                                        ----------------------------------------

                                        ----------------------------------------

                                        ----------------------------------------

                                       S-5

<PAGE>

                                   SCHEDULE I
                                   DEFINITIONS

          The following terms have the meanings set forth, or referred to,
below:

          "ABN AMRO" means ABN AMRO Bank N.V. in its individual capacity and not
in its capacity as the Agent.

          "Adverse Claim" means, for any asset or property of a Person, a lien,
security interest, charge, mortgage, pledge, hypothecation, assignment or
encumbrance, or any other right or similar claim, in, of or on such asset or
property in favor of any other Person, except those created by the Transaction
Documents.

          "Affiliate" means, for any Person, any other Person which, directly or
indirectly, is in control of, is controlled by, or is under common control with
such Person. For purposes of this definition, "control" means the power,
directly or indirectly, to either (i) vote twenty percent (20%) or more, or with
respect to Transplace, Inc. vote thirty percent (30%) or more, of the securities
having ordinary voting power for the election of directors of a Person or (ii)
cause the direction of the management and policies of a Person.

          "Agent" is defined in the first paragraph hereof.

          "Agent's Account" means the account designated to the Seller and the
Purchasers by the Agent.

          "Aggregate Commitment" means the aggregate of all Commitments of each
Purchaser Group, as such amount may be reduced pursuant to Section 1.6.

          "Aggregate Investment" means the sum of the Investments of all
Purchasers.

          "Aggregate Reserve" means, at any time at which such amount is
calculated, the sum of the Loss Reserve, Dilution Reserve and Discount Reserve.

          "Allocated Commercial Paper" means commercial paper notes issued by
each Conduit Purchaser for a tenor and in an amount specifically requested by
any Person in connection with a Receivable Purchase Facility.

          "Amsterdam" is defined in the first paragraph hereof.

          "Approved Foreign Obligor" means an Obligor which is a resident of, or
organized under the laws of, or with its chief executive office in, Canada or
Mexico, in each case, to the extent that such country has a short-term foreign
currency rating of not less than "A-3" from S&P and "P-3" from Moody's.

<PAGE>

          "Assigned Settlement" means, for each Related Bank Purchaser for any
Put, the product of such Related Bank Purchaser's Purchased Percentage and the
amount of the Conduit Purchaser Settlement being transferred pursuant to such
Put.

          "Bankruptcy Event" means, for any Person, that (a) such Person makes a
general assignment for the benefit of creditors or any proceeding is instituted
by or against such Person seeking to adjudicate it bankrupt or insolvent, or
seeking the liquidation, winding up, reorganization, arrangement, adjustment,
protection, relief or composition of it or its debts under any law relating to
bankruptcy, insolvency or reorganization or relief of debtors, or seeking the
entry of an order for relief or the appointment of a receiver, trustee or other
similar official for it or any substantial part of its property or (b) such
Person takes any corporate action to authorize any such action.

          "Break Funding Costs" means for any Pool Funded Purchase Interest
amounts payable to a Conduit Purchaser under the applicable Receivables Purchase
Facility in connection with any prepayment or amortization if amounts payable
thereunder in excess of the amount of the investment or loan prepaid or
amortized and accrued and unpaid interest or discount thereon.

          "Business Day" means any day other than (a) a Saturday, Sunday or
other day on which banks in New York City, New York or Chicago, Illinois are
authorized or required to close, (b) a holiday on the Federal Reserve calendar
and, (c) solely for matters relating to a Eurodollar Tranche, a day on which
dealings in Dollars are not carried on in the London interbank market.

          "Charge-Off" means any Receivable that has or should have been (in
accordance with the Credit and Collection Policy) charged off or written off by
the Seller.

          "Charge-Off Ratio" means, for any calendar month, the ratio (expressed
as a percentage) of the outstanding balance of Charge-Offs made during the
immediate preceding twelve calendar months to the average aggregate outstanding
principal balance of all Receivables as of the last day of each of the
immediately preceding twelve calendar months.

          "Collection" means any amount paid, or deemed paid, on a Receivable or
by the Seller as a Deemed Collection under Section 1.5(b).

          "Collection Agent" is defined in Section 3.1(a).

          "Collection Agent Fee" is defined in Section 3.6.

          "Collection Agent Replacement Event" means the occurrence of any one
or more of the following:

          (a) the Collection Agent (or any sub-collection agent) fails to
observe or perform any material term, covenant or agreement under any
Transaction Document and such failure remains unremedied for thirty days;

                                      -2-

<PAGE>

          (b) any written representation, warranty, certification or statement
made by the Collection Agent in, or pursuant to, any Transaction Document proves
to have been incorrect in any material adverse respect when made; provided that
if any such representation, warranty, certification or statement has been
subsequently remedied (such that if made or given as of the date of remedy it is
no longer incorrect in any material respect) and such breach has caused no
material adverse effect on the rights or interests of any Purchaser under this
Agreement, such breach shall no longer constitute a Collection Agent Replacement
Event; or

          (c) the Collection Agent suffers a Bankruptcy Event.

          "Commitment" means, for each Related Bank Purchaser, the amount set
forth on Schedule II for such Conduit Purchaser or in a Transfer Supplement, and
for each Purchaser Group, the amount set forth on Schedule II for such Purchaser
Group, in each case as adjusted in accordance with Sections 1.6 and 9.8.

          "Commitment Percentage" means, for each Related Bank Purchaser in a
Purchaser Group, the Commitment for such Related Bank Purchaser divided by the
total of all Commitments of all Related Bank Purchasers in such Purchaser Group.

          "Concentration Limit" means (i) with respect to Obligors with senior
unsecured long-term indebtedness rate A- (or higher) by S&P and A3 (or higher)
by Moody's, an amount not to exceed 10% of the aggregate outstanding balance of
all Eligible Receivables, (ii) with respect to Obligors that do not satisfy the
requirements of clause (i) above but have senior unsecured long-term
indebtedness rated BBB- (or higher) by S&P and Baa3 (or higher) by Moody's, an
amount not to exceed 5% of the aggregate outstanding balance of all Eligible
Receivables, and (iii) with respect to all other Obligors, an amount not to
exceed 2.5% of the aggregate outstanding balance of all Eligible Receivables.

          "Conduit Purchaser" means each Person party to this Agreement and
listed as such on Schedule II hereto and each other Person that becomes a
Conduit Purchaser pursuant to a Transfer Supplement.

          "Conduit Purchaser Investment Percentage" means a fraction, expressed
as a decimal, obtained by dividing the Investment of a Conduit Purchaser by the
Investment of all Purchasers.

          "Conduit Purchaser Settlement" means the sum of all claims and rights
to payment pursuant to Section 1.5 or 1.7 or any other provision owed to a
Conduit Purchaser (or owed to the Agent or Purchaser Agent or the Collection
Agent for the benefit of a Conduit Purchaser) by the Seller that, if paid, would
be applied to reduce Investment.

          "CP Dealer" means, at any time for each Conduit Purchaser, each Person
such Conduit Purchaser then engages as a placement agent or commercial paper
dealer.

          "CP Discount" means, for any Discount Period, the amount of interest
or discount accrued, during such Discount Period on all the outstanding
commercial paper, or portion

                                      -3-

<PAGE>

thereof, issued by the applicable Conduit Purchaser to fund its Investment,
including all dealer commissions and other costs of issuing commercial paper,
whether any such commercial paper was issued specifically to fund such
Investment or is allocated, in whole or in part, to such funding.

          "CP Rate" means, for any Conduit Purchaser for any CP Tranche Period,
a rate per annum equal to (a) the weighted average of the rates at which
commercial paper notes having a term equal to such CP Tranche Period may be sold
by any CP Dealer selected by such Conduit Purchaser, as agreed between each such
CP Dealer and such Conduit Purchaser, plus (b) on or after the occurrence of a
Termination Event, 2%. If such rate is a discount rate, the CP Rate shall be the
rate resulting from such Conduit Purchaser's converting such discount rate to an
interest-bearing equivalent rate. The CP Rate shall include all costs and
expenses to each Conduit Purchaser of issuing the related commercial paper
notes, including all dealer commissions and note issuance costs in connection
therewith.

          "Credit Agreement" means the Second Amended and Restated Revolving
Credit Agreement dated as of December 16, 2005 among Swift Transportation Co.,
Inc., an Arizona corporation, as Borrower, Swift Transportation Corporation, a
Nevada corporation, the lenders from time to time party thereto, as Lenders,
SunTrust Bank, as Administrative Agent, Wells Fargo Bank, National Association
and Keybank National Association, as Co-Syndication Agents and U.S. Bank
National Association and LaSalle Bank National Association, as Co-Documentation
Agents, as the same may be amended from time to time; provided that if the
Credit Agreement shall be terminated or otherwise cease to be in full force and
effect at any time, the Applicable Margin shall be calculated in accordance with
the terms of the Credit Agreement as in effect immediately prior to such
termination.

          "Credit and Collection Policy" means the Seller's credit and
collection policy and practices relating to Receivables attached hereto as
Exhibit I.

          "Deemed Collections" is defined in Section 1.5(c).

          "Default Ratio" means at the end of any month for the three-month
period then ended, the ratio (expressed as a percentage), of (a) the sum of the
aggregate outstanding balance of all Defaulted Receivables at the end of each
calendar month during such period to (b) the sum of the aggregate outstanding
balance of all Receivables at the end of each calendar month.

          "Defaulted Receivable" means any Receivable (a) on which any amount is
unpaid more than 90 days past its invoice date or (b) the Obligor on which has
suffered a Bankruptcy Event.

          "Delinquency Ratio" means, at the end of any month for the three-month
period then ended, the ratio (expressed as a percentage), of (a) the aggregate
outstanding balance of all Delinquent Receivables as of the end of each month
during such period to (b) the sum of the aggregate outstanding balance of all
Receivables as of the end of such calendar month.

          "Delinquent Receivable" means any Receivable (other than a Charge-Off
or Defaulted Receivable) on which any amount is unpaid more than 60 days past
its invoice date.

                                      -4-

<PAGE>

          "Designated Financial Officer" means the chief financial officer or
chief accounting officer of the Seller or the relevant Swift Entity, as
applicable.

          "Dilution Horizon Ratio" means, for each calendar month, a fraction
(expressed as a ratio) the numerator of which is the aggregate Outstanding
Balance of Receivables generated by the Originators during the most recent two
calendar month period and the denominator of which is the Eligible Receivables
Balance as of the last day of such calendar month.

          "Dilution Ratio" means, for each calendar month, a fraction (expressed
as a ratio) the numerator of which is the amount of Dilution for such calendar
month, and the denominator of which is aggregate Outstanding Balance of
Receivables generated by the Originators during the calendar month ended
immediately prior to such calendar month.

          "Dilution Reserve" means at any time the product of (A) the sum of (i)
the Dilution Reserve Stress Factor, times the average Dilution Ratio for the
most recent 12 calendar months, plus (ii) the product of (x) the excess (if any)
of the highest Dilution Ratio for the most recent 12 calendar months and the
average Dilution Ratio for the same 12 calendar months and (y) the quotient of
the highest Dilution Ratio for the most recent 12 calendar months divided by the
average Dilution Ratio for the same 12 calendar months, and (B) the Dilution
Horizon Ratio for the most recently completed calendar month.

          "Dilution Reserve Stress Factor" shall mean 2.0.

          "Dilution" means, for any calendar month, the amount Deemed
Collections deemed to be received during such calendar month pursuant to Section
1.5(b).

          "Discount" means, for any Tranche Period, (a) the product of (i) the
Discount Rate for such Tranche Period, (ii) the total amount of Investment
allocated to the Tranche Period, and (iii) the number of days elapsed during the
Tranche Period divided by (b) 360 days.

          "Discount Period" means, with respect to any Settlement Date or the
Termination Date, the period from and including the preceding Settlement Date
(or if none, the date that the first Incremental Purchase is made hereunder) to
but not including such Settlement Date or Termination Date, as applicable.

          "Discount Rate" means, (i) for any Tranche Period relating to a CP
Tranche, the CP Rate applicable thereto, (ii) for any Tranche Period relating to
a Eurodollar Tranche, the Eurodollar Rate applicable thereto and (iii) for any
Tranche Period relating to a Prime Tranche, the Prime Rate applicable thereto.

          "Discount Reserve" means, at any time, the product of (a) 1.5
multiplied by (b) the rate announced by ABN AMRO as its "Prime Rate" (which may
not be its best or lowest rate) plus 1% multiplied by (c) Aggregate Investment
multiplied by (d) a fraction, the numerator of which is the average of the
Turnover Ratios calculated for the immediately preceding three calendar months
and the denominator of which is 360.

                                      -5-

<PAGE>

          "Dollar" and "$" means lawful currency of the United States of
America.

          "Early Payment Fee" means, if any Investment of a Purchaser allocated
(or, in the case of a requested Purchase not made by the Related Bank Purchasers
for any reason other than their default, scheduled to be allocated) to a Tranche
Period for a CP Tranche or Eurodollar Tranche is reduced or terminated before
the last day of such Tranche Period (the amount of Investment so reduced or
terminated being referred to as the "Prepaid Amount"), the cost to the relevant
Purchaser of terminating or reducing such Tranche, which (a) for a CP Tranche
means any compensation payable in prepaying the related commercial paper or, if
not prepaid, any shortfall between the amount that will be available to the
applicable Conduit Purchaser on the maturity date of the related commercial
paper from reinvesting the Prepaid Amount in Permitted Investments and the Face
Amount of such commercial paper and (b) for a Eurodollar Tranche will be
determined based on the difference between the LIBOR applicable to such Tranche
and the LIBOR applicable for a period equal to the remaining maturity of the
Tranche on the date the Prepaid Amount is received.

          "Eligible Receivable" means, at any time, any Receivable:

          (i) the Obligor of which (a) is a resident of, or organized under the
     laws of, or with its chief executive office in, the USA or is an Approved
     Foreign Obligor; (b) is not an Affiliate of any of the parties hereto or
     the Originator; (c) is not a government or a governmental subdivision or
     agency; (d) has not suffered a Bankruptcy Event; (e) is a customer of the
     Originator in good standing; and (f) does not have more than 35% in
     aggregate principal amount of its Receivables that are Defaulted
     Receivables or Receivables that became Charge-Offs;

          (ii) which is stated to be due and payable within 30 days after the
     invoice therefor; provided that notwithstanding the foregoing Receivables
     stated to be due and payable within more than 30 days after the invoice
     therefor shall not be deemed ineligible as a result of this clause (ii) to
     the extent the Outstanding Balance of such Receivables does not exceed 5%
     of the Eligible Receivables Balance;

          (iii) which is not a Defaulted Receivable or a Charge-Off;

          (iv) which is an "account" or "chattel paper" within the meaning of
     Section 9-105 and Section 9-106, respectively of the UCC of all applicable
     jurisdictions;

          (v) which is denominated and payable only in Dollars in the USA;

          (vi) which constitutes the legal, valid and binding obligation of the
     related Obligor enforceable against such Obligor in accordance with its
     terms subject to no dispute, offset, counterclaim, defense or other Adverse
     Claim, and is not an executory contract or unexpired lease within the
     meaning of Section 365 of the Bankruptcy Code;

          (vii) which arises under a contract that (a) contains an obligation to
     pay a specified sum of money and is subject to no contingencies, (b) does
     not require the Obligor under such contract to consent to the transfer,
     sale or assignment of the rights and duties of the Originator under such

                                      -6-

<PAGE>

     contract, (c) does not contain a confidentiality provision that purports to
     restrict any Purchaser's exercise of rights under this Agreement,
     including, without limitation, the right to review such contract and (d)
     directs that payment be made to a Lock-Box or other collection account;

          (viii) which does not, in whole or in part, contravene any law, rule
     or regulation applicable thereto (including, without limitation, those
     relating to usury, truth in lending, fair credit billing, fair credit
     reporting, equal credit opportunity, fair debt collection practices and
     privacy);

          (ix) which satisfies all applicable requirements of the Credit and
     Collection Policy and was generated in the ordinary course of the
     Originator's business from the provision of transportation services to a
     related Obligor solely by the Originator; and

          (x) the purchase of which with proceeds of notes would constitute a
     "current transaction" within the meaning of Section 3(a)(3) of the
     Securities Act of 1933.

          "Eligible Receivable Balance" means, at any time, the aggregate
outstanding principal balance of all Eligible Receivables minus (i) the portion
of the aggregate outstanding balance of Eligible Receivables which exceeds the
Concentration Limit or the Special Limit and (ii) the portion of the aggregate
outstanding balance of Eligible Receivables the Obligors of which are Approved
Foreign Obligors which exceeds 3% of the aggregate outstanding balance of all
Eligible Receivables.

          "Eurodollar Rate" means, for any Tranche Period for a Eurodollar
Tranche, the sum of (a) LIBOR for such Tranche Period divided by 1 minus the
"Reserve Requirement" plus (b) the "Applicable Margin" (as defined in the Credit
Agreement) applicable to Eurodollar Loans (as defined in the Credit Agreement)
plus (c) 0.50% plus (d) during the pendency of a Termination Event, 2.00%; where
"Reserve Requirement" means, for any Tranche Period for a Eurodollar Tranche,
the maximum reserve requirement imposed during such Tranche Period on
"eurocurrency liabilities" as currently defined in Regulation D of the Board of
Governors of the Federal Reserve System.

          "Face Amount" means the face amount of any commercial paper issued by
a Conduit Purchaser on a discount basis or, if not issued on a discount basis,
the principal amount of such note and interest scheduled to accrue thereon to
its stated maturity.

          "Federal Funds Rate" means, with respect to each Purchaser Group, for
any day the greater of (i) the highest rate per annum as determined by the
applicable Purchaser Agent at which overnight Federal funds are offered to such
Purchaser Agent for such day by major banks in the interbank market, and (ii) if
such Purchaser Agent is borrowing overnight funds from a Federal Reserve Bank
that day, the highest rate per annum at which such overnight borrowings are made
on that day. Each determination of the Federal Funds Rate by a Purchaser Agent
shall be conclusive and binding on the Seller except in the case of manifest
error.

          "Fee Letter" means, for each Purchaser Group, the letter agreement
dated as of the date hereof among the Seller and the Purchaser Agent for such
Purchaser Group.

                                      -7-

<PAGE>

          "Funding Agreement" means any agreement or instrument executed by a
Conduit Purchaser and executed by or in favor of any Funding Source or executed
by any Funding Source at the request of such Conduit Purchaser.

          "Funding Charges" means, for each day, the sum of (i) discount accrued
on Pooled Commercial Paper on such day, plus (ii) any and all accrued
commissions in respect of placement agents and commercial paper dealers in
respect of such Pooled Commercial Paper for such day, plus (iii) issuing and
paying agents' fees incurred on such Pooled Commercial Paper for such day, plus
(iv) other costs associated with funding small or odd-lot amounts with respect
to all Receivable Purchase Facilities which are funded by Pooled Commercial
Paper for such day, minus (v) any accrual of income net of expenses received on
such day from investment of collections received under all Receivable Purchase
Facilities funded with Pooled Commercial Paper, minus (vi) any payment received
on such day net of expenses in respect of Break Funding Costs related to the
prepayment of any Purchase Interests held by a Conduit Purchaser pursuant to the
terms of any Receivable Purchase Facilities funded substantially with Pooled
Commercial Paper.

          "Funding Source" means, for a Conduit Purchaser, any insurance
company, bank or other financial institution providing liquidity, back-up
purchase or credit support for such Conduit Purchaser.

          "GAAP" means generally accepted accounting principles in the USA,
applied on a consistent basis.

          "Governmental Authority" means any (a) Federal, state, municipal or
other governmental entity, board, bureau, agency or instrumentality, (b)
administrative or regulatory authority (including any central bank or similar
authority) or (c) court, judicial authority or arbitrator, in each case, whether
foreign or domestic.

          "Incremental Purchase" is defined in Section 1.1(b).

          "Initial Collection Agent" is defined in the first paragraph hereof.

          "Instructing Group" means (i) at any time there are three or more
Purchaser Groups, the Purchaser Agents representing Purchaser Groups with at
least 66- 2/3% of the Commitments and (ii) at any time there are fewer than
three Purchaser Groups, the Purchaser Agents representing Purchaser Groups with
100% of the Commitments.

          "Intended Tax Characterization" is defined in Section 9.9.

          "Interim Liquidation" means any time before the Liquidity Termination
Date during which no Reinvestment Purchases are made by any Purchaser, as
established pursuant to Section 1.2.

          "Investment" means, for each Purchaser (or Purchaser Group), (a) the
sum of (i) all Incremental Purchases by such Purchaser (or Purchaser Group) and
(ii) the aggregate amount of

                                      -8-

<PAGE>

any payments or exchanges made by, or on behalf of, such Purchaser (or Purchaser
Group) to any other Purchaser to acquire Investment from such other Purchaser
minus (b) all Collections, amounts received from other Purchasers and other
amounts received or exchanged and, in each case, applied by the Agent or such
Purchaser (or Purchaser Group) to reduce such Purchaser's Investment. A
Purchaser's Investment shall be restored to the extent any amounts so received
or exchanged and applied are rescinded or must be returned for any reason.

          "LIBOR" means, for any Tranche Period for a Eurodollar Tranche or
other time period, the rate per annum (rounded upwards, if necessary, to the
next higher one hundred-thousandth of a percentage point) for deposits in
Dollars for a period equal to such Tranche Period or other period, which appears
on Page 3750 of the Telerate Service (or any successor page or successor service
that displays the British Bankers' Association Interest Settlement Rates for
Dollar deposits) as of 11:00 a.m. (London, England time) two Business Days
before the commencement of such Tranche Period or other period. If for any
Tranche Period for a Eurodollar Tranche no such displayed rate is available (or,
for any other period, if such displayed rate is not available or the need to
calculate LIBOR is not notified to the Agent at least 3 Business Days before the
commencement of the period for which it is to be determined), the Agent shall
determine such rate based on the rates ABN AMRO is offered deposits of such
duration in the London interbank market.

          "Limited Guaranty" means the Limited Guaranty, [dated the date
hereof], by the Parent and the Originator in favor of the Agent.

          "Liquidation Period" means, for each Conduit Purchaser, all times when
such Conduit Purchaser is not making Reinvestment Purchases pursuant to Section
1.1(d) and, for all Purchasers, all times (x) during an Interim Liquidation and
(y) on and after the Termination Date.

          "Liquidity Bank" means any commercial lending institution identified
as a Liquidity Bank on Schedule I hereto.

          "Lock-Box" means each post office box or bank box listed on Exhibit F,
as revised pursuant to Section 5.1(i).

          "Lock-Box Account" means each account maintained by the Collection
Agent at a Lock-Box Bank for the purpose of receiving or concentrating
Collections.

          "Lock-Box Agreement" means each agreement between the Collection Agent
and a Lock-Box Bank concerning a Lock-Box Account.

          "Lock-Box Bank" means each bank listed on Exhibit F, as revised
pursuant to Section 5.1(i).

          "Lock-Box Letter" means a letter in substantially the form of Exhibit
G (or otherwise acceptable to the Agent) from the Seller and the Collection
Agent to each Lock-Box Bank, acknowledged and accepted by such Lock-Box Bank and
the Agent.

                                      -9-

<PAGE>

          "Loss Horizon Ratio" means, for each calendar month, a fraction
(expressed as a ratio) the numerator of which is the aggregate Outstanding
Balance of Receivables generated by the Originators during the most recent four
calendar month period and the denominator of which is the Eligible Receivables
Balance as of the last day of such calendar month.

          "Loss Proxy" means, for each calendar month, a fraction (expressed as
a ratio) the numerator of which is equal to the sum of (i) the Outstanding
Balance of Receivables which are unpaid at least 120 and not more than 150 days
past the invoice date of such Receivables as of the last day of such calendar
months plus (ii) the Outstanding Balance of all Receivables which became
Charge-Offs during such calendar month together with all Receivables deemed
uncollectible by Swift during such calendar month plus (iii) the Outstanding
Balance of all Receivables the Obligor of which suffered a Bankruptcy Event
during such calendar month, and the denominator the four months prior aggregate
Outstanding Balance of Receivables generated by the Originators during the most
recent four calendar month period.

          "Loss Reserve" shall equal the greater of (A) 10.0% and (B) the
product of (i) Loss Reserve Stress Factor, (ii) the highest rolling three-month
average Loss Proxy during the most recent 12 calendar months, and (iii) the Loss
Horizon Ratio as of the most recently completed calendar month.

          "Loss Reserve Stress Factor" shall be 2.25; provided that the Loss
Reserve Stress Factor shall be reduced to 2.0 upon the written notification to
the Seller from the Agent of the Agent's and each Purchaser's receipt of
sufficient data to fully calculate the Loss Proxy for the most recent 12
calendar months.

          "Matured Aggregate Investment" means, at any time, the Matured Value
of the total Investments of all Purchasers then outstanding.

          "Matured Value" means, of any Investment, the sum of such Investment
and all unpaid Discount scheduled to become due (whether or not then due) on
such Investment during all Tranche Periods to which any portion of such
Investment has been allocated.

          "Maximum Incremental Purchase Amount" means, at any time, the lesser
of (a) the difference between the Purchase Limit and the Aggregate Investment
then outstanding and (b) the difference between the Aggregate Commitment and the
Matured Aggregate Investment then outstanding.

          "Moody's" means Moody's Investors Service, Inc.

          "Obligor" means, for any Receivable, each Person obligated to pay such
Receivable and each guarantor of such obligation.

          "Originator" means Swift Transportation Corporation, a Nevada
corporation.

          "Parent" means Swift Transportation Co., Inc., a Nevada corporation.

                                      -10-

<PAGE>

          "Periodic Report" is defined in Section 3.3.

          "Permitted Investments" shall mean (a) evidences of indebtedness,
maturing not more than thirty (30) days after the date of purchase thereof,
issued by, or the full and timely payment of which is guaranteed by, the full
faith and credit of, the federal government of the United States of America, (b)
repurchase agreements with banking institutions or broker-dealers that are
registered under the Securities Exchange Act of 1934 fully secured by
obligations of the kind specified in clause (a) above, (c) money market funds
denominated in Dollars rated not lower than A-1 (and without the "r" symbol
attached to any such rating) by S&P and P-1 by Moody's or otherwise acceptable
to the Rating Agencies or (d) commercial paper denominated in Dollars issued by
any corporation incorporated under the laws of the United States or any
political subdivision thereof, provided that such commercial paper is rated at
least A-1 (and without any "r" symbol attached to any such rating) thereof by
S&P and at least Prime-1 thereof by Moody's.

          "Person" means an individual, partnership, corporation, association,
joint venture, Governmental Authority or other entity of any kind.

          "Pool Funded Purchase Interest" means each investment or loan of a
Conduit Purchaser under a Receivables Purchase Facility funded with Pooled
Commercial Paper.

          "Pooled Allocation" means, for each Pool Funded Purchase Interest, an
amount each day equal to the product of (i) the Pooled Percentage Share of such
Purchase Interest on such day multiplied by (ii) the aggregate amount of Funding
Charges for such day.

          "Pooled Commercial Paper" means commercial paper notes of a Conduit
Purchaser except (A) Allocated Commercial Paper, and (B) Specially Pooled Paper.

          "Pooled Percentage Share" means, for each Pool Funded Purchase
Interest, a fraction (expressed as a percentage) the numerator of which is equal
to the Investment associated with such Pool Funded Purchase Interest and the
denominator of which is equal to the aggregate amount of all outstanding
investment (or comparable terms used in any Receivable Purchase Facility) held
by a Conduit Purchaser which is funded substantially with Pooled Commercial
Paper.

          "Potential Termination Event" means any Termination Event or any event
or condition that with the lapse of time or giving of notice, or both, would
constitute a Termination Event.

          "Prime Rate" means, with respect to each Purchaser Group, (A) for any
period, the daily average during such period of the greater of (i) the floating
commercial loan rate per annum of the applicable Purchaser Agent (which rate is
a reference rate and does not necessarily represent the lowest or best rate
actually charged to any customer by such Purchaser Agent) announced from time to
time as its prime rate or equivalent for Dollar loans in the USA, changing as
and when said rate changes and (ii) the Federal Funds Rate plus 0.75% plus (B)
during the pendency of a Termination Event, 2.00%.

          "Purchase" is defined in Section 1.1(a).

                                      -11-

<PAGE>

          "Purchase Agreement" means the Receivables Purchase Agreement dated as
of December 30, 1999 between the Seller and the Originator.

          "Purchase Amount" is defined in Section 1.1(c).

          "Purchase Date" is defined in Section 1.1(c).

          "Purchase Interest" means, for a Purchaser, the percentage ownership
interest in the Receivables and Collections held by such Purchaser, calculated
when and as described in Section 1.1(a); provided, however, that (except for
purposes of computing a Purchase Interest or the Sold Interest in Section 1.5 or
1.7) at any time the Sold Interest would otherwise exceed 100% each Purchaser
then holding any Investment shall have its Purchase Interest reduced by
multiplying such Purchase Interest by a fraction equal to 100% divided by the
Sold Interest otherwise then in effect, so that the Sold Interest is thereby
reduced to 100%.

          "Purchase Limit" means $300,000,000.

          "Purchased Percentage" means, for any Put, for each Related Bank
Purchaser, its Ratable Share or such lesser percentage as is necessary to
prevent the Purchase Price of such Purchaser from exceeding its Unused
Commitment.

          "Purchaser Group" means, for each Conduit Purchaser, such Conduit
Purchaser, its Related Bank Purchasers (if any), and the Purchasers party to its
Transfer Agreement.

          "Purchaser Reserve Percentage" means, for each Purchaser, the Reserve
Percentage multiplied by a fraction, the numerator of which is such Purchaser's
outstanding Investment and the denominator of which it the Aggregate Investment.

          "Purchasers" means each Conduit Purchaser and the Related Bank
Purchasers.

          "Put" is defined in Section 2.1(a).

          "Ratable Share" means, for each Purchaser Group, such Purchaser
Group's Commitment divided by the aggregate Commitment of all Purchaser Groups.

          "Rating Agency" means Moody's, S&P and any other rating agency a
Conduit Purchaser chooses to rate its commercial paper notes.

          "Ratings" means, for any Conduit Purchaser, the ratings by the Rating
Agencies of such Conduit Purchaser of the indebtedness for borrowed money such
Conduit Purchaser.

          "Receivable" means each obligation of an Obligor to pay for
merchandise sold or services rendered by the Originator and includes the
Originator's rights to payment of any interest or finance charges and all
proceeds of the foregoing. During any Interim Liquidation and on and after the
Termination Date, the term "Receivable" shall only include receivables existing
on the date such Interim Liquidation commenced or Liquidity Termination Date

                                      -12-

<PAGE>

occurred, as applicable. Deemed Collections shall reduce the outstanding balance
of Receivables hereunder, so that any Receivable that has its outstanding
balance deemed collected shall cease to be a Receivable hereunder after (x) the
Collection Agent receives payment of such Deemed Collections under Section
1.5(b) or (y) if such Deemed Collection is received before the Termination Date,
an adjustment to the Sold Interest permitted by Section 1.5(c) is made.

          "Receivable Purchase Facility" means any receivables purchase
agreement, loan agreement or other similar contractual arrangement to which the
Conduit Purchasers are a party relating to the transfer, purchase or financing
of receivables or other assets.

          "Records" means, for any Receivable, all contracts, books, records and
other documents or information (including computer programs, tapes, disks,
software and related property and rights) relating to such Receivable or the
related Obligor.

          "Reinvestment Purchase" is defined in Section 1.1(b).

          "Related Security" means all of the Originator's rights in the
merchandise (including returned goods) and contracts relating to the
Receivables, all security interests, guaranties and property securing or
supporting payment of the Receivables, all Records and all proceeds of the
foregoing.

          "Related Bank Purchasers" means the Persons listed as such (and their
respective Commitments) for each Conduit Purchaser as listed on Schedule II
hereto and each other Person that becomes a Related Bank Purchaser pursuant to a
Transfer Supplement.

          "Reporting Date" means, each on which the Collection Agent is required
to deliver a Periodic Report pursuant to Section 3.3 hereof.

          "Reserve Percentage" means, at any time, the quotient obtained by
dividing (a) the Aggregate Reserve by (b) the Eligible Receivables Balance.

          "Seller" is defined in the first paragraph hereof.

          "Seller Account" means the Seller's account designated by the Seller
to the Agent in writing.

          "Settlement Date" means the 20th day of each calendar month.

          "Sold Interest" is defined in Section 1.1(a).

          "Special Limit" means, with respect to Wal-Mart, an amount not to
exceed 15% of the aggregate outstanding principal balance of all Eligible
Receivables for Wal-Mart, provided, however, the senior unsecured debt ratings
assigned to Wal-Mart is not less than AA- by S&P and Aa2 by Moody's.

                                      -13-

<PAGE>

          "Specially Pooled Paper" means the aggregate of all commercial paper
notes of each Conduit Purchaser issued in connection with receivables purchase
facilities designated from time to time by the Agent (in its sole discretion).
Specially Pooled Paper will not include Pooled Commercial Paper or Allocated
Commercial Paper at any time.

          "S&P" means Standard & Poor's Ratings Group.

          "Subordinated Note" means each revolving promissory note issued by the
Seller to the Originator under the Purchase Agreement.

          "Subsidiary" means any Person of which at least a majority of the
voting stock (or equivalent equity interests) is owned or controlled by the
Seller or any Swift Entity or by one or more other Subsidiaries of the Seller or
such Swift Entity. The Subsidiaries of the Parent on the date hereof are listed
on Exhibit E.

          "Swift Entity" means the Parent and the Originator.

          "Taxes" means all taxes, charges, fees, levies or other assessments
(including income, gross receipts, profits, withholding, excise, property,
sales, use, license, occupation and franchise taxes and including any related
interest, penalties or other additions) imposed by any jurisdiction or taxing
authority (whether foreign or domestic).

          "Termination Date" means the earliest of (a) the date of the
occurrence of a Termination Event described in clause (e) of the definition of
Termination Event, (b) the date designated by the Agent to the Seller at any
time after the occurrence and during the continuance of any other Termination
Event, (c) the Business Day designated by the Seller with no less than thirty
(30) Business Days prior notice to the Agent and (d) December 20, 2006.

          "Termination Event" means the occurrence of any one or more of the
following:

          (a) any representation, warranty, certification or statement made by
the Seller or any Swift Entity in, or pursuant to, any Transaction Document
proves to have been incorrect in any material respect when made (including
pursuant to Section 7.2); provided that if any such representation, warranty,
certification or statement has been subsequently remedied (such that if made or
given as of the date of remedy it is no longer incorrect in any material
respect) and such breach has caused no material adverse effect on the rights or
interest of any Purchaser under this Agreement, such breach shall no longer
constitute a Termination Event hereunder; or

          (b) the Collection Agent, any Swift Entity or the Seller fails to make
any payment or other transfer of funds hereunder when due (including any
payments under Section 1.5(a)) and such failure remains unremedied for three
Business Days; or

          (c) the Seller fails to observe or perform any covenant or agreement
contained in Sections 5.1(g), 5.1(i) or 5.1(j) of this Agreement or the
Originator fails to perform any covenant or agreement in Sections 5.1(h), 5.1(i)
or 5.1(j) of the Purchase Agreement; or

                                      -14-

<PAGE>

          (d) the Seller or the Collection Agent (or any sub-collection agent)
fails to observe or perform any other term, covenant or agreement under any
Transaction Document, and such failure remains unremedied for thirty days; or

          (e) any Swift Entity or any Subsidiary suffers a Bankruptcy Event; or

          (f) the Delinquency Ratio exceeds 6.5%, the Default Ratio exceeds 10%,
the Dilution Ratio exceeds 5%, the Charge-Off Ratio exceeds 2% or the Turnover
Ratio exceeds 60 days; or

          (g) (i) the Seller, any Swift Entity or any Affiliate, directly or
indirectly, disaffirms or contests the validity or enforceability of any
Transaction Document or (ii) any Transaction Document fails to be the
enforceable obligation of the Seller or any Affiliate party thereto; or

          (h) (i) any Swift Entity or any Subsidiary (A) generally does not pay
its debts as such debts become due or admits in writing its inability to pay its
debts generally or (B) fails to pay any of its indebtedness or defaults in the
performance of any provision of any agreement under which such indebtedness was
created or is governed and such default permits such indebtedness to be declared
due and payable or to be required to be prepaid before the scheduled maturity
thereof or (ii) a default or termination or similar event occurs under any
agreement providing for the sale, transfer or conveyance by the Seller, any
Swift Entity or any Subsidiary of any of its financial assets;

          (i) the Parent shall fail to own and control, directly or indirectly,
100% of the outstanding voting stock of the Seller and the Originator; or

          (j) a Collection Agent Replacement Event has occurred and is
continuing.

Notwithstanding the foregoing, a failure of a representation or warranty or
breach of any covenant described in clause (a), (c) or (d) above related to a
Receivable shall not constitute a Termination Event if the Seller has been
deemed to have collected such Receivable pursuant to Section 1.5(b) or, before
the Liquidity Termination Date, has adjusted the Sold Interest as provided in
Section 1.5(c) so that such Receivable is no longer considered to be
outstanding.

          "Tranche" means a portion of the Investment of a Conduit Purchaser or
of the Related Bank Purchasers allocated to a Tranche Period pursuant to Section
1.3. A Tranche is a (i) CP Tranche, (ii) Eurodollar Tranche or (iii) Prime
Tranche depending whether Discount accrues during its Tranche Period based on a
(i) CP Rate, (ii) Eurodollar Rate, or (iii) Prime Rate.

          "Tranche Period" means a period of days ending on a Business Day
selected pursuant to Section 1.3, which (i) for a CP Tranche shall not exceed
270 days, (ii) for a Eurodollar Tranche shall not exceed 180 days, and (iii) for
a Prime Tranche shall not exceed 30 days.

          "Transaction Documents" means this Agreement, the Fee Letter, the
Limited Guaranty, the Pricing Letter, the Purchase Agreement, the Subordinated
Note, and all other documents, instruments and agreements executed or furnished
in connection herewith and therewith.

                                      -15-

<PAGE>

          "Transfer Agreement" means each transfer, liquidity or asset purchase
agreement entered into among a Conduit Purchaser, its Purchaser Agent and its
Related Bank Purchasers in connection with this Agreement.

          "Transfer Supplement" is defined in Section 9.8.

          "Turnover Ratio" means an amount, expressed in days, obtained by
multiplying (a) a fraction, (i) the numerator of which is equal to the sum of
the aggregate principal amount of all Receivables as of the first day of the
immediately preceding three calendar months and (ii) the denominator of which is
equal to the sum of the Collections during such applicable period of three
calendar months; times (b) 30.

          "UCC" means, for any state, the Uniform Commercial Code as in effect
in such state.

          "USA" means the United States of America (including all states and
political subdivisions thereof).

          "Unused Aggregate Commitment" means, at any time, the difference
between the Aggregate Commitment then in effect and the outstanding Matured
Aggregate Investment.

          "Unused Commitment" means, for any Related Bank Purchaser at any time,
the difference between its Commitment and its Investment then outstanding.

          The foregoing definitions shall be equally applicable to both the
singular and plural forms of the defined terms. Unless otherwise inconsistent
with the terms of this Agreement, all accounting terms used herein shall be
interpreted, and all accounting determinations hereunder shall be made, in
accordance with GAAP. Amounts to be calculated hereunder shall be continuously
recalculated at the time any information relevant to such calculation changes.

                                      -16-

<PAGE>

                                   SCHEDULE II

       RELATED BANK PURCHASERS AND COMMITMENTS OF RELATED BANK PURCHASERS

<TABLE>
<CAPTION>
CONDUIT PURCHASER   NAME OF RELATED BANK PURCHASER    COMMITMENT
-----------------   ------------------------------   ------------
<S>                 <C>                              <C>
AMSTERDAM           ABN AMRO BANK N.V.               $178,500,000
THREE PILLARS       SUNTRUST BANK                    $127,500,000
</TABLE>

<PAGE>

                                    EXHIBIT A
                                       TO
                 AMENDED AND RESTATED RECEIVABLES SALE AGREEMENT

                      FORM OF INCREMENTAL PURCHASE REQUEST

                            ________________, ______

ABN AMRO Bank N.V., as Agent
Asset Securitization, Structured Finance
27th Floor
540 West Madison Street
Chicago, Illinois 60661
Attn: Purchaser Agent-Amsterdam

     Re: Amended and Restated Receivables Sale Agreement dated as of December
         21, 2005 (the "Sale Agreement") among Swift Receivables Corporation, as
         Seller, Swift Transportation Corporation, as Initial Collection Agent,
         ABN AMRO Bank N.V., as Agent and Amsterdam Purchaser Agent, SunTrust
         Capital Markets, as Three Pillars Purchaser Agent, Amsterdam and Three
         Pillars and the Purchasers thereunder

Ladies and Gentlemen:

          The undersigned Seller under the above-referenced Sale Agreement
hereby confirms its has requested an Incremental Purchase of $___________ by
Conduit Purchaser under the Sale Agreement. [IN THE EVENT CONDUIT PURCHASER IS
UNABLE OR UNWILLING TO MAKE THE REQUESTED INCREMENTAL PURCHASE, THE SELLER
HEREBY REQUESTS AN INCREMENTAL PURCHASE OF $______________________ BY THE
RELATED BANK PURCHASERS UNDER THE SALE AGREEMENT AT THE [EURODOLLAR RATE WITH A
TRANCHE PERIOD OF ______________ MONTHS.] [PRIME RATE]].

          Attached hereto as Schedule I is information relating to the proposed
Incremental Purchase required by the Sale Agreement. If on the date of this
Incremental Purchase Request ("Notice"), an Interim Liquidation is in effect,
this Notice revokes our request for such Interim Liquidation so that
Reinvestment Purchases shall immediately commence in accordance with Section
1.1(d) of the Sale Agreement.

<PAGE>

          The Seller hereby certifies that both before and after giving effect
to [EACH OF] the proposed Incremental Purchase[S] contemplated hereby and the
use of the proceeds therefrom, all of the requirements of Section 7.2 of the
Sale Agreement have been satisfied.

                                        Very truly yours,

                                        SWIFT RECEIVABLES CORPORATION

                                        By
                                           -------------------------------------
                                        Title
                                              ----------------------------------

                                      -2-

<PAGE>

                                   SCHEDULE I
                                       TO
                          INCREMENTAL PURCHASE REQUESTS

               SUMMARY OF INFORMATION RELATING TO PROPOSED SALE(S)

     1.   Dates, Amounts, Purchaser(s), Proposed Tranche Periods

<TABLE>
<S>                                   <C>          <C>          <C>          <C>
A1   Date of Notice                                                          __________

A2   Measurement Date (the last                                              __________
     day of the month
     immediately preceding the
     month in which the Date of
     Notice occurs)

A3   Proposed Purchase Dates          __________   __________   __________   __________
     (each of which is a
     Business Day)

A4   Respective Proposed              $_________   $_________   $_________   $_________
     Incremental Purchase on             (A4A)        (A4B)         (A4C)       (A4D)
     each such Purchase Date
     (each Incremental
     Purchase must be in a
     minimum amount of
     $1,000,000 and multiples
     thereof, or, if less, an
     amount equal to the
     Maximum Incremental
     Purchase Amount)

A5   Allocation
     among Purchasers (Pro Rata)
        Conduit Purchasers            $_________   $_________   $_________   $_________
        Name of                       $_________   $_________   $_________   $_________
        Related Bank
        Purchaser
</TABLE>

                                      -3-

<PAGE>

<TABLE>
<S>                                    <C>          <C>          <C>          <C>
A6   Used Aggregate Commitment
     Amount (after such Incremental
     Purchase): $_____________

        Starting Date                  _________    _________    _________    _________
        Ending Date                    _________    _________    _________    _________
        Number of Days                 _________    _________    _________    _________
        Prime or Eurodollar
        (for Committed
        Purchasers only)               _________    _________    _________    _________
</TABLE>

Each proposed Purchase Date must be a Business Day and must occur no later than
two weeks after the Measurement Date set forth above. The choice of Measurement
Date is a risk undertaken by the Seller. If a selected Measurement Date is not
the applicable Purchase Date, the Seller's choice and disclosure of such date
shall not in any manner diminish or waive the obligation of the Seller to assure
the Purchasers that, after giving effect to the proposed Purchase, the actual
Sold Interest as of the date of such proposed Purchase does not exceed 100%.

                                      -4-

<PAGE>

                                    EXHIBIT B

                             FORM OF PERIODIC REPORT

<PAGE>

                                    EXHIBIT C

                  ADDRESSES AND NAMES OF SELLER AND ORIGINATOR

          1. Locations. (a) The chief executive office of the Seller and the
Originator are located at the following address:

          Seller:       2200 South 75th Avenue
                        Building B
                        Phoenix, AZ 85043

          Originator:   2200 South 75th Avenue
                        Phoenix, AZ 85043

          No such address was different at any time since June 29 1999

          (b) The following are all the locations where the Seller and the
Originator directly or through its agents maintain any Records:

          Same as (a) above

          2. Names. The following is a list of all names (including trade names
or similar appellations) used by the Seller and the Originator or any of its
divisions or other business units that generate Receivables: None

<PAGE>

                                    EXHIBIT D

                                  SUBSIDIARIES

1.   Swift Transportation Co., Inc. an Arizona corporation

2.   Swift Leasing Co., Inc., an Arizona corporation

3.   Common Market Distributing Co., Inc., an Arizona corporation

4.   Sparks Finance Co., Inc., a Nevada corporation

5.   Cooper Motor Lines, Inc., a South Carolina corporation

6.   Common Market Equipment Co., Inc., an Arizona corporation

7.   Swift Transportation Co. of Virginia, Inc., a Virginia corporation

8.   Swift of Texas Co., Inc., a Texas corporation

9.   Swift Logistics Co., Inc., an Arizona corporation

10.  Swift Transportation Corporation, a Nevada corporation

11.  Swift Receivables Corporation, a Delaware corporation

<PAGE>

                                    EXHIBIT E

                          LOCK BOXES AND LOCK-BOX BANKS

<TABLE>
<CAPTION>
             BANK               LOCK-BOX NUMBER   COLLECTION ACCOUNT
             ----               ---------------   ------------------
<S>                             <C>               <C>
US Bank, National Association       643116           153655310032
US Bank, National Association       643158           153655310032
</TABLE>

<PAGE>

                                    EXHIBIT F

                          TO RECEIVABLES SALE AGREEMENT

                             FORM OF LOCK BOX LETTER

[Name of Lock Box Bank]

Ladies and Gentlemen:

          Reference is made to the lock-box numbers _______________ in
__________ and the associated lock-box demand deposit account number
____________ maintained with you (such lock-boxes and associated lock-box demand
deposit account, collectively, the "Accounts"), each in the name of Swift
Transportation Corporation ("STC"). STC hereby confirms it has sold all
Receivables (as defined below) to Swift Receivables Corporation (the "Seller").

          In connection with the Amended and Restated Receivables Sale
Agreement, dated as of December 21, 2005 (as amended, supplemented or otherwise
modified from time to time, the "Receivables Sale Agreement"), among the Seller,
the Initial Collection Agent, Amsterdam Funding Corporation ("Amsterdam"), Three
Pillars Funding LLC ("Three Pillars"), SunTrust Capital Markets, as Three
Pillars Purchaser Agent, and ABN AMRO Bank N.V., as agent (the "Agent") and the
Amsterdam Purchaser Agent, the Seller has assigned to the Agent for the benefit
of the Purchasers an undivided percentage interesting the accounts, chattel
paper, instruments or general intangibles (collectively, the "Receivables")
under which payments are or may hereafter be made to the Accounts, and has
granted to the Agent for the benefit of the Purchasers a security interest in
its retained interest in such Receivables. As is the customary practice in this
type of transaction, we hereby request that you execute this letter agreement.
All references herein to "we" and "us" refer to STC and the Seller, jointly and
severally. Your execution hereof is a condition precedent to our continued
maintenance of the Accounts with you.

          We hereby transfer exclusive dominion and control of the Accounts to
the Agent, subject only to the condition subsequent that the Agent shall have
given you notice that a ["TERMINATION EVENT" AND/OR "COLLECTION AGENT
REPLACEMENT EVENT"] has occurred and is continuing under the Receivables Sale
Agreement and of its election to assume such dominion and control, which notice
shall be in substantially the form attached hereto as Annex A (the "Agent's
Notice").

          At all times prior to the receipt of the Agent's Notice described
above, all payments to be made by you out of, or in connection with the
Accounts, are to be made in accordance with the instructions of the Seller or
its agent.

          We hereby irrevocably instruct you, at all times from and after the
date of your receipt of the Agent's Notice as described above, to make all
payments to be made by you out of, or in connection with, the Accounts directly
to the Agent, at its address set forth below its signature

<PAGE>

hereto or as the Agent otherwise notifies you, or otherwise in accordance with
the instructions of the Agent.

          We also hereby notify you that, at all times from and after the date
of your receipt of the Agent's Notice as described above, the Agent shall be
irrevocably entitled to exercise in our place and stead any and all rights in
connection with the Accounts, including, without limitation, (a) the right to
specify when payments are to be made out of, or in connection with, the Accounts
and (b) the right to require preparation of duplicate monthly bank statements on
the Accounts for the Agent's audit purposes and mailing of such statements
directly to an address specified by the Agent. At all times from and after the
date of your receipt of the Agent's Notice, neither we nor any of our affiliates
shall be given any access to the Accounts.

          The Agent's Notice may be personally served or sent by telex,
facsimile or U.S. mail, certified return receipt requested, to the address,
telex or facsimile number set forth under your signature to this letter
agreement (or to such other address, telex or facsimile number as to which you
shall notify the Agent in writing). If the Agent's Notice is given by telex or
facsimile, it will be deemed to have been received when the Agent's Notice is
sent and the answerback is received (in the case of telex) or receipt is
confirmed by telephone or other electronic means (in the case of facsimile). All
other notices will be deemed to have been received when actually received or, in
the case of personal delivery, delivered.

          By executing this letter agreement, you acknowledge the existence of
the Agent's right to dominion and control of the Accounts and its ownership of
and security interest in the amounts from time to time on deposit therein and
agree that from the date hereof the Accounts shall be maintained by you for the
benefit of, and amounts from time to time therein held by you as agent for, the
Agent on the terms provided herein. The Accounts are to be entitled "Swift
Receivables Corporation and ABN AMRO Bank N.V., as Agent for the Purchasers"
with the subline "Swift Transportation Corporation". Except as otherwise
provided in this letter agreement, payments to the Accounts are to be processed
in accordance with the standard procedures currently in effect. All service
charges and fees in connection with the Accounts shall continue to be payable by
us under the arrangements currently in effect.

          By executing this letter agreement, you (a) irrevocably waive and
agree not to assert, claim or endeavor to exercise, (b) irrevocably bar and
estop yourself from asserting, claiming or exercising and (c) acknowledge that
you have not heretofore received a notice, writ, order or other form of legal
process from any other party asserting, claiming or exercising, any right of
set-off, banker's lien or other purported form of claim with respect to the
accounts or any funds from time to time therein. Except for your right to
payment of your service charge and fees and to make deductions for returned
items, you shall have no rights in the Accounts or funds therein, except
deductions for service charges, fees and returned or misplaced items. To the
extent you may ever have any additional rights, you hereby expressly subordinate
all such rights to all rights of the Agent.

          You may terminate this letter agreement by canceling the Accounts
maintained with you, which cancellation and termination shall become effective
only upon thirty (30) days prior written notice thereof from you to the Agent in
the absence of fraud or abuse. Incoming mail

                                      -2-

<PAGE>

addressed to the Accounts (including, without limitation, any direct funds
transfer to the Accounts) received after such cancellation shall be forwarded in
accordance with the Agent's instructions. This letter agreement may also be
terminated upon written notice to you by the Agent stating that the Receivables
Sale Agreement is no longer in effect. Except as otherwise provided in this
paragraph, this letter agreement may not be terminated without the prior written
consent of the Agent.

          This letter agreement contains the entire agreement between the
parties with respect to the subject matter hereof, and may not be altered,
modified or amended in any respect, nor may any right, power or privilege of any
party hereunder be waived or released or discharged, except upon execution by
you, us and the Agent of a written instrument so providing. The terms and
conditions of any agreement between us and you (a "Lock-Box Service Agreement")
(whether now existing or executed hereafter) with respect to the lock-box
arrangements, to the extent not inconsistent with this letter agreement, will
remain in effect between you and us. In the event that any provision in this
letter agreement is in conflict with, or inconsistent with, any provision of any
such Lock-Box Service Agreement, this letter agreement will exclusively govern
and control. Each party agrees to take all actions reasonably requested by any
other party to carry out the purposes of this letter agreement or to preserve
and protect the rights of each party hereunder.

          STC agrees to indemnify, defend and hold harmless you and your
affiliates, directors, officers, employees, agents, successors and assigns
(each, an "Indemnitee") from and against any and all liabilities, losses,
claims, damages, demands, costs and expenses of every kind (including but not
limited to costs incurred as a result of items being deposited in the Account
and being unpaid for any reason, reasonable attorney's fees and the reasonable
charges of your in-house counsel) incurred or sustained by any Indemnitee
arising out of your performance of the services contemplated by this Lock-Box
Letter, except to the extent such liabilities, losses, claims, damages, demands,
costs and expenses are the direct result of your gross negligence or willful
misconduct. The provisions of this paragraph shall survive the termination of
this Lock-Box Letter.

          In the event STC becomes subject to a voluntary or involuntary
proceeding under the United States Bankruptcy Code, or if you are otherwise
served with legal process which you in good faith believe affects funds in the
Account you may suspend disbursements from the Account otherwise required by the
terms hereof until such time as you receive an appropriate court order or other
assurances satisfactory to you establishing that the funds may continue to be
disbursed according to the instructions contained in this Lock-Box Letter.

          THIS LETTER AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
HEREUNDER WILL BE GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF __________. This letter agreement may be executed in
any number of counterparts and all of such counterparts taken together will be
deemed to constitute one and the same instrument.

                                      -3-

<PAGE>

          Please indicate your agreement to the terms of this letter agreement
by signing in the space provided below. This letter agreement will become
effective immediately upon execution of a counterpart of this letter agreement
by all parties hereto.

                                        Very truly yours,

                                        SWIFT TRANSPORTATION CORPORATION

                                        By:
                                            ------------------------------------
                                        Title:
                                               ---------------------------------

                                        SWIFT RECEIVABLES CORPORATION

                                        By:
                                            ------------------------------------
                                        Title:
                                               ---------------------------------

Accepted and confirmed as of
the date first written above:

By: ABN AMRO BANK N.V., as Agent

By:
    ---------------------------------
Title:
       ------------------------------

By:
    ---------------------------------
Title:
       ------------------------------

Address of notice:

   ABN AMRO Bank N.V.
   Asset Securitization, Structured Finance
   540 West Madison Street, 27th Floor
   Chicago, Illinois 60661
   Attention: Purchaser Agent-Amsterdam
   Telephone Number: (312) 904-6263
   Telecopy Number: (312) 904-6376

                                      -4-

<PAGE>

Acknowledged and agreed to as of the date first written above:

[NAME OF BANK]

By:
    ---------------------------------
Title:
       ------------------------------

Address for notice:

-------------------------------------

-------------------------------------

-------------------------------------

                                      -5-

<PAGE>

                                                                      ANNEX A TO
                                                                 LOCK-BOX LETTER

[Name of Bank]

   Re: Swift Receivables Corporation
       Lock Box Numbers ______________
       Lock-Box Account Number ____________

Ladies and Gentlemen:

          Reference is made to the letter agreement dated _________________ (the
"Letter Agreement") among Swift Transportation Corporation, Swift Receivables
Corporation, the undersigned, as Agent, and you concerning the above-described
lock-boxes and lock-box account (collectively, the "Accounts"). We hereby give
you notice that a ["TERMINATION EVENT" AND/OR "COLLECTION AGENT REPLACEMENT
EVENT"] has occurred and is continuing under the Receivables Sale Agreement (as
defined in the Letter Agreement) and of our assumption of dominion and control
of the Accounts as provided in the Letter Agreement.

          We hereby instruct you not to permit any other party to have access to
the Accounts and to make all payments to be made by you out of or in connection
with the Accounts directly to the undersigned upon our instructions, at our
address set forth above.

                                        Very truly yours,

                                        ABN AMRO BANK N.V.

                                        By:
                                            ------------------------------------
                                        Title:
                                               ---------------------------------

                                        By:
                                            ------------------------------------
                                        Title:
                                               ---------------------------------

cc: Swift Receivables Corporation

                                      -6-

<PAGE>

                                    EXHIBIT G

                          TO RECEIVABLES SALE AGREEMENT

                             COMPLIANCE CERTIFICATE

To: ABN AMRO Bank N.V., as Agent, and
    each Purchaser

          This Compliance Certificate is furnished pursuant to Section
5.1(a)(iii) of the Amended and Restated Receivables Sale Agreement, dated as of
December 21, 2005 (as amended, supplemented or otherwise modified through the
date hereof, the "Sale Agreement"), among Swift Receivables Corporation (the
"Seller"), Swift Transportation Corporation (the "Initial Collection Agent"),
the related bank purchasers from time to time party thereto (collectively, the
"Related Bank Purchasers"), Amsterdam Funding Corporation ("Amsterdam"),Three
Pillars Funding LLC ("Three Pillars"), SunTrust Capital Markets, as Three
Pillars Purchaser Agent and ABN AMRO Bank N.V., as the Amsterdam Purchaser Agent
and ABN AMRO Bank N.V. as agent for the Purchasers (in such capacity, the
"Agent"). Terms used in this Compliance Certificate and not otherwise defined
herein shall have the respective meanings ascribed thereto in the Sale
Agreement.

     THE UNDERSIGNED HEREBY REPRESENTS, WARRANTS, CERTIFIES AND CONFIRMS THAT:

          1. The undersigned is a duly elected Designated Financial Officer of
     the undersigned.

          2. Attached hereto is a copy of the financial statements described in
     Section 5.1(a)(i) or 5.1(a)(ii) of the Sale Agreement.

          3. The undersigned has reviewed the terms of the Transaction Documents
     and has made, or caused to be made under his/her supervision, a detailed
     review of the transactions and the conditions of the Seller and the
     Originator during and at the end of the accounting period covered by the
     attached financial statements.

          4. The examinations described in paragraph 3 hereof did not disclose,
     and the undersigned has no knowledge of, the existence of any condition or
     event which constitutes a Potential Termination Event, during or at the end
     of the accounting period covered by the attached financial statements or as
     of the date of this Compliance Certificate, except as set forth below.

          5. Based on the examinations described in paragraph 3 hereof, the
     undersigned confirms that the representations and warranties contained in
     Article IV of the Sale Agreement are true and correct as though made on the
     date hereof, except as set forth below.

<PAGE>

          Described below are the exceptions, if any, to paragraphs 4 and 5
listing, in detail, the nature of the condition or event, the period during
which it has existed and the action the undersigned has taken, is taking or
proposes to take with respect to each such condition or event:

          The foregoing certifications, together with the computations set forth
in Schedule I hereto and the financial statements delivered with this Compliance
Certificate in support hereof, are made and delivered this ____ day of
___________, ____.

                                        [NAME OF SELLER OR ORIGINATOR]

                                        By:
                                            ------------------------------------
                                            Designated Financial Officer

                                       -2-

<PAGE>

                                    EXHIBIT H

                          CREDIT AND COLLECTION POLICY

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