Document:

EX-10.67

Exhibit 10.67

			
	
	 	 

	 	 	 
	 

	 	M&I
Marshall & Ilsley Bank
	 

	 	770 North Water Street
	 

	 	Milwaukee, WI 53202-3509
	 

	 	414 765-7700
	 

	 	mibank.com
	 
	 	 
	 

	 	March 4, 2009

Ms. JoAnn Lilek

Executive Vice President and CFO

Midwest Banc Holdings, Inc.

501 West North Avenue

Melrose Park, Illinois 60160

	 	 	 	 	 
	 

	 	Re:
	 	Waiver Letter.

Dear Ms. Lilek:

     Please make reference to that certain conditional waiver letter dated September 23, 2008
(the “Prior Waiver Letter”).

     M&I
Marshall & Ilsley Bank (“M&I”) and its participant hereby waive compliance by Midwest
Banc Holdings, Inc. (the “Company”) with the requirement specified in the Prior Waiver Letter
that the Company raise a minimum of $100,000,000.00 in new capital pursuant to an offering of
common or convertible preferred stock in the Company.

     This limited waiver is contingent on the Company prepaying the principal amount of the
indebtedness owed to M&I and its participant by at least (i) $5,000,000 on or before July 1,
2009, (ii) $5,000,000 on or before October 1, 2009, and (iii) $5,000,000 on or before January 4,
2010; provided, however, that if the Company raises an additional $15,000,000 in new
capital pursuant to an offering of common or convertible preferred stock in the Company, then the
Company shall not be obligated to make any principal payment specified above occurring after the
date on which the Company actually receives such $15,000,000 in additional capital.

     If the Company fails to comply with the requirements of this waiver letter, then this waiver
shall be unilaterally withdrawn and of no further force and effect. This limited waiver shall be
effective only for the specific purposes set forth herein, and shall not be deemed to be a
further or continuing waiver of any other section or provision of the Company’s loan documents
with M&I

	 	 	 	 	 	 	 
	 	 	Very truly yours,	 	 
	 
	 	 	 	 	 	 
	 	 	M&I MARSHALL & ILSLEY BANK	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ John Kadlac	 	 
	 

	 	Name:
	 	 

John Kadlac
	 	 
	 

	 	Title:
	 	Vice President and Senior Relationship Managerexv10w12

EXHIBIT 10.12

SECOND AMENDMENT TO THE SEPARATION AGREEMENT

          This Second Amendment (this “Amendment”), dated as of January 23, 2009, between Travelport
Limited (“Travelport”) and Orbitz Worldwide, Inc. (“OWW” and together with Travelport, the
“Parties”) is entered into to amend the Separation Agreement, dated as of July 25, 2007, between
the Parties (as amended by the First Amendment thereto dated May 5, 2008, the “Separation
Agreement”). Capitalized terms used herein shall have the respective meanings ascribed thereto in
the Separation Agreement unless herein defined.

          WHEREAS, Section 10.9 of the Separation Agreement provides that the Separation Agreement may
be amended, modified or supplemented by written agreement of the Parties; and

          WHEREAS, each of Travelport and OWW has determined that it is in its best interests to
authorize and approve the agreements set forth herein.

          NOW, THEREFORE, in consideration of the premises and other good and valuable consideration,
the receipt and sufficiency of which hereby are acknowledged, it is mutually agreed as follows:

ARTICLE I

AMENDMENTS

          Section 1.1 Section 1.2 of the Separation Agreement is hereby amended by replacing
“March 31, 2009” with March 31, 2010”.

          Section 1.2 Section 2.10(d)(iv)(4) of the Separation Agreement is hereby amended by
adding “(a)” before “fees” in the first line, deleting the word “and” at the end thereof and
adding the following sentences to the end thereof:

     “(b) solely in the case of any letter of credit (i) newly issued after December 31,
2008 but prior to March 31, 2010 that does not replace, renew or extend one or more letters
of credit issued for substantially the same purpose prior to such date or (ii) issued after
December 31, 2008 but prior to March 31, 2010 to replace, renew or extend (including an
extension of term) a letter of credit existing prior to December 31, 2008 within 90 days
prior to the expiration date of such existing letter of credit, fees on such letters of
credit outstanding equal to the product of (x) 200 basis points plus the Applicable Rate (as
such term is defined in the Travelport Credit Facility for the Post-First Amendment and
Restatement Synthetic L/C Facility Fee) and (y) the daily maximum amount then available to
be drawn under such outstanding letter of credit in accordance with Section 2.03(g) of the
Travelport Credit Facility, computed on a monthly basis in arrears and payable within five
Business Days after delivery of an invoice from Travelport therefor (if a letter of credit
does not meet the criteria set forth in clauses (i) and (ii) of this subclause (b), the fee
to be applied to such letter of credit pursuant to this Section 2.10(d)(iv)(4) shall be
calculated as set forth in subclause (a) of this Section 2.10(d)(iv)(4)); provided, that,
with respect to those letters of credit issued and outstanding as of December 31, 2008, and
as set forth on Schedule 2.10 attached hereto, the fee to be applied to such letters of
credit pursuant to this

 

 

Section 2.10(d)(iv)(4) shall be as set forth on Schedule 2.10 and shall apply until
such time as the respective letter of credit is replaced, renewed or extended at which time
the fee to be applied to such replaced, renewed or extended letter of credit shall be as set
forth in subclause (b)(ii) of this Section 2.10(d)(iv)(4); and”

          Section 1.3 Section 2.10(e) of the Separation Agreement is hereby amended to add the
following sentences to the end thereof:

     “Travelport shall not be obligated to request the issuance of letters of credit under
the Travelport Credit Facility if such letters of credit (i) are not in the ordinary course
of OWW’s business, or (ii) contain expiration periods, renewals or extensions (including
extensions of term) different from the terms of the original letter of credit to which such
renewal or extension relate.”

ARTICLE II

MISCELLANEOUS

          Section 2.1 This Amendment shall become effective as of the date first written above.

          Section 2.2 This Amendment shall be binding upon and inure to the benefit of and be
enforceable by the parties hereto or their successors in interest, except as expressly provided in
the Separation Agreement.

          Section 2.3 Nothing in this Amendment shall convey any rights upon any Person or
entity which is not a Party or a permitted assignee of a Party to the Separation Agreement.

          Section 2.4 This Amendment may be executed in counterparts, each of which shall be
deemed to be an original but all of which together shall constituted one and the same agreement.

          Section 2.5 This Amendment shall be construed and enforced in accordance with, and the
rights and duties of the Parties shall be governed by, the laws of the State of New York without
regard to the principles of conflicts of law other than Section 5-1401 of the General Obligations
Law of the State of New York.

          Section 2.6 Each Party to this Amendment agrees that, other than as expressly set out
in this Amendment, nothing in this Amendment is intended to alter the rights, duties, obligations
of the Parties under the Separation Agreement which shall remain in full force and effect as
amended hereby.

 

 

     IN WITNESS HEREOF, the parties have caused this Second Amendment to the Separation Agreement
to be executed and delivered as of the date first above written.

	 	 	 	 	 
	 	TRAVELPORT LIMITED

 	 
	 	/s/ Eric J. Bock
 	 
	 	Name:  	Eric J. Bock 	 
	 	Title:  	Executive Vice President and

General Counsel 	 
	 

	 	 	 	 	 
	 	ORBITZ WORLDWIDE, INC.

 	 
	 	/s/ Marsha C. Williams
 	 
	 	Name:  	Marsha C. Williams 	 
	 	Title:  	Senior Vice President, Chief

Financial Officerexv10w14

EXHIBIT 10.14

AMENDMENT #1

TO TRANSITION SERVICES AGREEMENT

THIS AMENDMENT #1 TO THE TRANSITION SERVICES AGREEMENT (the “Amendment”) is entered into as of
January 14, 2008 (the “Effective Date”), by and among Travelport Inc. (“Travelport”) and Orbitz
Worldwide, Inc. (“Orbitz”).

WITNESSETH:

     WHEREAS, Orbitz and Travelport entered into a Transition Services Agreement dated as of July
25, 2007 (the “TSA”) under which each Party and their Subsidiaries agreed to provide certain
Services to the other Party;

     WHEREAS, Orbitz has identified Additional Services that it desires to be provided by
Travelport or one of its Subsidiaries, and Travelport has agreed to provide such Additional
Services, either directly or through one of its Subsidiaries; and

     WHEREAS, Travelport and Orbitz desire to amend the TSA to summarize the Additional Services to
be provided under the TSA.

     NOW THEREFORE, in consideration of the mutual covenants contained herein, the Parties,
intending to be legally bound, hereby agreed that the following modifications are made to the TSA:

	1.	 	A new Section 8.7, which is set forth in Attachment 1 hereto, shall be added
to Exhibit A-6.
	 
	2.	 	Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to
them in the TSA, the Separation Agreement, and the schedules and exhibits thereto.
	 
	3.	 	Except as otherwise expressly provided herein, all terms and conditions of the TSA shall
continue in full force and effect.
	 
	4.	 	This Amendment may be executed in two or more counterparts, each of which shall be deemed an
original, and all of which, when taken together, shall constitute one and the same agreement.

IN WITNESS WHEREOF, the parties have executed this Amendment to the TSA to be effective as of the
date first above written.

	 	 	 
	Travelport Inc.	 	Orbitz Worldwide, Inc.
	 
	 	 
	By: /s/ Neal Sunners

	 	By: /s/ Alex Kaluzny
	Name: Neal Sunners

	 	Name: Alex Kaluzny
	Title: Vice President

	 	Title: Director
	Date: March 28, 2008

	 	Date: 4/9/2008

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