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Exhibit 10.1

AMENDED AND RESTATED FIVE YEAR CREDIT AGREEMENT

Dated as of May 14, 2007

     HONEYWELL INTERNATIONAL INC., a Delaware corporation (the "Company"), the banks, financial institutions and other institutional lenders (the
"Initial Lenders"), initial issuing banks (the "Initial Issuing Banks") and swing line banks (the "Initial Swing Line Banks") listed on Schedule II hereto, and CITICORP USA, INC. ("CUSA"), as administrative agent (the "Agent") for the Lenders (as hereinafter defined), CITIBANK INTERNATIONAL PLC ("Citibank"), as swing line agent (the "Swing Line Agent") for the
Swing Line Banks (as hereinafter defined), JPMORGAN CHASE BANK, N.A., as syndication agent, BANK OF AMERICA, N.A., BARCLAYS BANK PLC, DEUTSCHE BANK AG NEW YORK BRANCH and UBS LOAN FINANCE LLC, as documentation agents, and CITIGROUP GLOBAL MARKETS
INC. and J.P. MORGAN SECURITIES INC., as joint lead arrangers and co-book managers, hereby agree as follows: 

     PRELIMINARY STATEMENT. The Company, the lenders parties thereto and Citibank, as agent, are parties to a Five Year Credit Agreement dated as of April 27, 2006 (the "Existing Credit Agreement"). Subject to the satisfaction of the conditions set forth in Section 3.01, the Company, the parties hereto and CUSA, as Agent, desire to amend and restate the Existing Credit
Agreement as herein set forth. 

ARTICLE I

DEFINITIONS AND ACCOUNTING TERMS

     
SECTION 1.01. Certain Defined Terms.

     
As used in this Agreement, the following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined):

	     
"Advance" means a Revolving Credit Advance, a Swing Line Advance or a Competitive
Bid Advance.	
	 	 
	
	 	
            "Affiliate" means,
      as to any Person, any other Person that, directly or indirectly, controls,
      is controlled by or is under common control with such Person or is a director
      orofficer of such Person. For purposes of this definition, the term "control" (including the
      terms "controlling", "controlled by" and "under common control with") of a Person means
      the possession, direct or indirect, of the power to direct or cause the direction of the
      management and policies of such Person, whether through the ownership of Voting Stock,
      by contract or otherwise. 
    
	 	 
	     "Agents" means
    the Agent and the Swing Line Agent. 
	 	 
	 	"Agent's
        Account" means (a) in the case of Advances
        denominated in Dollars, the account of the Agent maintained by the Agent
        at Citibank at its office at 388 Greenwich Street, New York, New York
        10013, Account No. 36852248, Attention: Bank Loan Syndications, (b) in
    the case of Advances denominated in any Foreign Currency, the

account of the Sub-Agent designated in writing from time to time by the Agent to the Company and the Lenders for such purpose and (c) in any such case, such other account of the Agent as is designated in writing from time to time
by the Agent to the Company and the Lenders for such purpose. 

     "Alternate Currency" means any lawful currency other than Dollars and the Major Currencies that is freely transferable and convertible into
Dollars. 

     "Applicable Lending Office" means, with respect to each Lender, such Lender's Domestic Lending Office in the case of a Base Rate Advance and
such Lender's Eurocurrency Lending Office in the case of a Eurocurrency Rate Advance and, in the case of a Competitive Bid Advance, the office of such Lender notified by such Lender to the Agent as its Applicable Lending Office with respect to such
Competitive Bid Advance. 

     "Applicable Letter of Credit Rate" means, as of any date, a percentage per annum determined by reference to the Public Debt Rating in effect
on such date as set forth below:

	
Public Debt Rating 
		
Applicable Letter of Credit 
	
	
S&P/Moody's 
		
Rate 
	
	
 Level 1 
		 

	
	
 A+ or A1 or above 
		
0.180% 
	
	
 Level 2 
		 

	
	
 Lower than Level 1 but at 
		
0.200% 
	
	
 least A or A2 
		 

	
	
 Level 3 
		 

	
	
 Lower than Level 2 but at 
		
0.240% 
	
	
 least A- or A3 
		 

	
	
 Level 4 
		 

	
	
 Lower than Level 3 but at 
		
0.320% 
	
	
 least BBB+ or Baa1 
		 

	
	
 Level 5 
		 

	
	
 Lower than Level 4 
		
0.450% 
	

     "Applicable Margin" means, as of any date, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as
set forth below: 

	
      Public Debt Rating 
      
	
Applicable Margin for 
		
Applicable Margin for 
		
Applicable Margin for 
	
	
S&P/Moody's 
		
Base Rate Advances 
		
Eurocurrency Rate 
		
Swing Line Advances 
	
	 

		 

		
 
		 

	
	
 Level 1 
		 

		 

		 

	
	
 A+ or A1 or above 
		
0.000% 
		
0.130% 
		
0.130% 
	
	
 Level 2 
		 

		 

		 

	
	
 Lower than Level 1 
		
0.000% 
		
0.150% 
		
0.150% 
	
	
 but at least A or A2 
		 

		 

		 

	

 

2

	
 Level 3 
		 

		 

		 
	 

		 
	 

	
	
 Lower than Level 2 
		 

		
      0.000% 
      
	 
	
      0.190% 
      
	 
	
      0.190% 
      

	
 but at least A- or A3 
		 

		

	   
	 
	

	   
	 
	

	   

	
 Level 4 
		 

		

	  
	 
	

	  
	 
	

	  

	
 Lower than Level 3 
		 

		
      0.000% 
      
	 
	
      0.220% 
      
	 
	
      0.220% 
      

	
 but at least BBB+ or 
		 

		

	  
	 
	

	  
	 
	

	   

	
 Baa1 
		 

		

	   
	 
	

	   
	 
	

	   

	
 Level 5 
		 

		

	  
	 
	

	  
	 
	

	  

	
 Lower than Level 4 
		 

		
      0.000% 
      
	 
	
      0.350% 
      
	 
	
      0.350% 
      

     "Applicable Percentage" means, as of any date, a percentage per annum determined by reference to the Public Debt Rating in effect on such
date as set forth below: 

	
      Public Debt Rating 
      
	 

		
Applicable 
	
	
      S&P/Moody's 
      
	 

		
Percentage 
	
	
       Level 1 
    
	 

		 

	
	
 A+ or A1 or above 
		 

		
0.045% 
	
	 Level 2 	 
	 
	
 Lower than Level 1 but at 
		 

		
0.050% 
	
	
 least A or A2 
		 

		 

	
	
 Level 3 
		 

		 

	
	
 Lower than Level 2 but at 
		 

		
0.060% 
	
	
 least A- or A3 
		 

		 

	
	
 Level 4 
		 

		 

	
	
 Lower than Level 3 but at 
		 

		
0.080% 
	
	
 least BBB+ or Baa1 
		 

		 

	
	
 Level 5 
 		 

		 

	
	
 Lower than Level 4 
		 

		
0.100% 
	

     "Applicable Utilization Fee" means, as of any date that the sum of the aggregate principal amount of the Advances plus the aggregate
Available Amount of the Letters of Credit exceeds 50% of the aggregate Revolving Credit Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: 

	
Public Debt Rating 
		 

		
Applicable 
	
	
S&P/Moody's 
		 

		
Utilization Fee 
	
	
 Level 1 
 		 

		 

	
	
 A+ or A1 or above 
		 

		
0.050% 
	
	
 Level 2 
		  

		 

	
	
 Lower than Level 1 but at 
		 

		
0.050% 
	
	
 least A or A2 
		 

		 

	
	
 Level 3 
		 

		 

	
	
 Lower than Level 2 but at 
		 

		
0.050% 
	
	
 least A- or A3 
		 

		 

	

3

	
 Level 4 
		 

		 

	
	
 Lower than Level 3 but at 
		 

		
      0.100% 
      

	
 least BBB+ or Baa1 
		 

		

	  

	
 Level 5 
		 

		

	  

	
 Lower than Level 4 
		 

		
      0.100% 
      

     "Assignment and Acceptance" means an assignment and acceptance entered into by a Lender and an Eligible Assignee, and accepted by the Agent,
in substantially the form of Exhibit C hereto. 

     
"Assuming Lender" has the meaning specified in Section 2.18(d) . 

     
"Assumption Agreement" has the meaning specified in Section 2.18(d)(ii) .

     "Available Amount" of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such
time (assuming compliance at such time with all conditions to drawing), converting all non-Dollar amounts into the Dollar Equivalent thereof at such time. 

     "Base Rate" means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the
highest of: 

	 
		     
(a) the rate of interest announced
publicly by Citibank in New York, New York, from time to time, as Citibank's
base rate;  
	
	 	 
	 	       (b) the
      sum (adjusted to the nearest 1/32 of 1% or, if there is no nearest 1/32
      of 1%, to the next higher 1/32 of 1%) of (i) 1/2 of 1% per annum, plus (ii)
      the rate obtained by dividing (A) the latest three-week moving average
      of secondary market morning offering rates in the United States for three-month
      certificates of deposit of major United States money market banks, such
      three-week moving average (adjusted to the basis of a year of 360 days)
      being determined weekly on each Monday (or, if such day is not a Business
      Day, on the next succeeding Business Day) for the three-week period ending
      on the previous Friday by Citibank on the basis of such rates reported
      by certificate of deposit dealers to and published by the Federal Reserve
      Bank of New York or, if such publication shall be suspended or terminated,
      on the basis of quotations for such rates received by Citibank from three
      New York certificate of deposit dealers of recognized standing selected
      by Citibank, by (B) a percentage equal to 100% minus the average of the
      daily percentages specified during such three-week period by the Board
      of Governors of the Federal Reserve System (or any successor) for determining
      the maximum reserve requirement (including, but not limited to, any emergency,
      supplemental or other marginal reserve requirement) for Citibank with respect
      to liabilities consisting of or including (among other liabilities) three-month
      Dollar non-personal time deposits in the United States, plus (iii)
      the average during such three-week period of the annual assessment rates
      estimated by Citibank for determining the then current annual assessment
    payable by Citibank to the Federal 
	 	 

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	 	Deposit Insurance Corporation
        (or any successor) for insuring Dollar deposits of Citibank in the United
    States; and 
	 	 
	 	       (c) 1/2 of one percent per annum
    above the Federal Funds Rate.

     "Base Rate Advance" means a Revolving Credit Advance denominated in Dollars that bears interest as provided in Section 2.08(a)(i)(A) .

     "Borrower" means the Company or any Designated Subsidiary, as the context requires. 

     "Borrowing" means a Revolving Credit Borrowing, a Swing Line Borrowing or a Competitive Bid Borrowing. 

     "Business Day" means a day of the year on which banks are not required or authorized by law to close in New York City and, if the applicable
Business Day relates to any Eurocurrency Rate Advance or LIBO Rate Advance, on which dealings are carried on in the London interbank market and banks are open for business in London and in the country of issue of the currency of such Eurocurrency
Rate Advance or LIBO Rate Advance (or, in the case of an Advance denominated in Euros, on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System is open) and, if the applicable Business Day relates to any
Local Rate Advance, on which banks are open for business in the country of issue of the currency of such Local Rate Advance. 

     "Change of Control" means that (i) any Person or group of Persons (within the meaning of Section 13 or 14 of the Securities Exchange Act of
1934, as amended (the "Act")) (other than the Company, any Subsidiary of the Company or any savings, pension or other benefit plan for the benefit of employees of the Company or its
Subsidiaries) which theretofore beneficially owned less than 30% of the Voting Stock of the Company then outstanding shall have acquired beneficial ownership (within the meaning of Rule 13d-3 promulgated by the Securities and Exchange Commission
under the Act) of 30% or more in voting power of the outstanding Voting Stock of the Company or (ii) during any period of twelve consecutive calendar months commencing at the Effective Date, individuals who at the beginning of such twelve-month
period were directors of the Company shall cease to constitute a majority of the Board of Directors of the Company. 

     "Citibank" means Citibank, N.A.

     "Commitment" means a Revolving Credit Commitment, a Letter of Credit Commitment or a Swing Line Commitment. 

     "Commitment Date" has the meaning specified in Section 2.18(b) . 

     "Commitment Increase" has the meaning specified in Section 2.18(a) .

     "Competitive Bid Advance" means an advance by a Lender to any Borrower as part of a Competitive Bid Borrowing resulting from the competitive
bidding procedure

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described in Section 2.03 and refers to a Fixed Rate Advance, a LIBO Rate Advance or a Local Rate Advance (each of which shall be a "Type" of Competitive Bid Advance).

     "Competitive Bid Borrowing" means a borrowing consisting of simultaneous Competitive Bid Advances from each of the Lenders whose offer to
make one or more Competitive Bid Advances as part of such borrowing has been accepted under the competitive bidding procedure described in Section 2.03. 

     "Competitive Bid Note" means a promissory note of any Borrower payable to the order of any Lender, in substantially the form of Exhibit A-2
hereto, evidencing the indebtedness of such Borrower to such Lender resulting from a Competitive Bid Advance made by such Lender to such Borrower. 

     "Consenting Lender" has the meaning specified in Section 2.19(b) . 

     "Consolidated" refers to the consolidation of accounts in accordance with GAAP.

     "Consolidated Subsidiary" means, at any time, any Subsidiary the accounts of which are required at that time to be included on a Consolidated
basis in the Consolidated financial statements of the Company, assuming that such financial statements are prepared in accordance with GAAP. 

     "Convert", "Conversion" and "Converted" each refers to a conversion of Revolving Credit Advances of one Type into Revolving Credit Advances of the other Type pursuant to Section 2.09 or 2.12. 

     "Debt" means, with respect to any Person: (i) indebtedness of such Person, which is not limited as to recourse to such Person, for borrowed
money (whether by loan or the issuance and sale of debt securities) or for the deferred (for 90 days or more) purchase or acquisition price of property or services; (ii) indebtedness or obligations of others which such Person has assumed or
guaranteed; (iii) indebtedness or obligations of others secured by a lien, charge or encumbrance on property of such Person whether or not such Person shall have assumed such indebtedness or obligations; (iv) obligations of such Person in respect of
letters of credit (other than performance letters of credit, except to the extent backing an obligation of any Person which would be Debt of such Person), acceptance facilities, or drafts or similar instruments issued or accepted by banks and other
financial institutions for the account of such Person; and (v) obligations of such Person under leases which are required to be capitalized on a balance sheet of such Person in accordance with GAAP. 

     "Default" means any Event of Default or any event that would constitute an Event of Default but for the requirement that notice be given or
time elapse or both. 

     "Designated Subsidiary" means any corporate Subsidiary of the Company designated for borrowing privileges under this Agreement pursuant to
Section 9.07. 

     "Designation Letter" means, with respect to any Designated Subsidiary, a letter in the form of Exhibit D hereto signed by such Designated
Subsidiary and the Company. 

6

     "Dollar Swing Line Advance" means a Swing Line Advance denominated in Dollars that bears interest as provided in Section 2.08(a)(ii)(B) .

     "Dollars" and the "$" sign each mean lawful money of the United States of
America. 

     "Domestic Lending Office" means, with respect to any Initial Lender, the office of such Lender specified as its "Domestic Lending Office"
opposite its name on Schedule I hereto and, with respect to any other Lender, the office of such Lender specified as its "Domestic Lending Office" in the Assumption Agreement or the Assignment and Acceptance pursuant to which it became a Lender, or
such other office of such Lender as such Lender may from time to time specify to the Company and the Agent. 

     "Domestic Subsidiary" means any Subsidiary whose operations are conducted primarily in the United States excluding any Subsidiary whose
assets consist primarily of the stock of Subsidiaries whose operations are conducted outside the United States of America. 

"Effective Date" has the meaning specified in Section 3.01.

     "Eligible Assignee" means (a) with respect to the Revolving Credit Facility (i) a Lender; (ii) an Affiliate of a Lender; (iii) a commercial
bank organized under the laws of the United States, or any State thereof, and having total assets in excess of $10,000,000,000; (iv) a savings and loan association or savings bank organized under the laws of the United States, or any State
thereof, and having a net worth of at least $500,000,000, calculated in accordance with GAAP; (v) a commercial bank organized under the laws of any other country that is a member of the Organization for Economic Cooperation and Development or
has concluded special lending arrangements with the International Monetary Fund associated with its General Arrangements to Borrow, or a political subdivision of any such country, and having total assets in excess of $10,000,000,000, so long as
such bank is acting through a branch or agency located in the country in which it is organized or another country that is described in this clause (v); and (vi) the central bank of any country that is a member of the Organization for Economic
Cooperation and Development and (b) with respect to the Letter of Credit Facility, a Person that is an Eligible Assignee under subclause (iii) or (v) of clause (a) of this definition and is approved by the Agent and, unless a Default has occurred
and is continuing at the time any assignment is effected pursuant to Section 9.06, the Company, such approval not to be unreasonably withheld or delayed, provided, however, that neither the Company nor any Affiliate of the Company shall qualify as
an Eligible Assignee under this definition. 

     "Environmental Action" means any action, suit, demand, demand letter, claim, notice of non-compliance or violation, notice of liability or
potential liability, investigation, proceeding, consent order or consent agreement relating in any way to any Environmental Law, Environmental Permit or Hazardous Materials or arising from alleged injury or threat of injury to health, safety or the
environment, including, without limitation, (a) by any governmental or regulatory authority for enforcement, cleanup, removal, response, remedial or other actions or damages and (b) by any governmental or regulatory

7

authority or any third party for damages, contribution, indemnification, cost recovery, compensation or injunctive relief. 

     "Environmental Law" means any federal, state, local or foreign statute, law, ordinance, rule, regulation, code, order, judgment, decree or
judicial or agency interpretation, policy or guidance relating to pollution or protection of the environment, health, safety or natural resources, including, without limitation, those relating to the use, handling, transportation, treatment,
storage, disposal, release or discharge of Hazardous Materials. 

     "Environmental Permit" means any permit, approval, identification number, license or other authorization required under any Environmental
Law. 

     "Equivalent" in Dollars of any Foreign Currency on any date means the equivalent in Dollars of such Foreign Currency determined by using the
quoted spot rate at which the Sub-Agent's principal office in London offers to exchange Dollars for such Foreign Currency in London prior to 4:00 P.M. (London time) (unless otherwise indicated by the terms of this Agreement) on such date as is
required pursuant to the terms of this Agreement, and the "Equivalent" in any Foreign Currency of Dollars means the equivalent in such Foreign Currency of Dollars determined by using the quoted spot rate at which the Sub-Agent's principal office in
London offers to exchange such Foreign Currency for Dollars in London prior to 4:00 P.M. (London time) (unless otherwise indicated by the terms of this Agreement) on such date as is required pursuant to the terms of this Agreement. 

     "ERISA" means the Employee Retirement Income Security Act of 1974, as amended from time to time, and the regulations promulgated and rulings
issued thereunder.

     "ERISA Affiliate" of any Person means any other Person that for purposes of Title IV of ERISA is a member of such Person's controlled group,
or under common control with such Person, within the meaning of Section 414 of the Internal Revenue Code.

     "ERISA Event" with respect to any Person means (a) (i) the occurrence of a reportable event, within the meaning of Section 4043 of ERISA,
with respect to any Plan of such Person or any of its ERISA Affiliates unless the 30-day notice requirement with respect to such event has been waived by the PBGC, or (ii) an event described in paragraph (9), (10), (11), (12) or (13) of Section
4043(c) of ERISA is reasonably expected to occur with respect to a Plan of such Person or any of its ERISA Affiliates within the following 30 days, and the contributing sponsor, as defined in Section 4001(a)(13) of ERISA, of such Plan is required
under Section 4043(b)(3) of ERISA (taking into account Section 4043(b)(2) of ERISA) to notify the PBGC that the event is about to occur; (b) the application for a minimum funding waiver with respect to a Plan of such Person or any of its ERISA
Affiliates; (c) the provision by the administrator of any Plan of such Person or any of its ERISA Affiliates of a notice of intent to terminate such Plan in a distress termination pursuant to Section 4041(a)(2) of ERISA (including any such notice
with respect to a plan amendment referred to in Section 4041(e) of ERISA); (d) the cessation of operations at a facility of such Person or any of its ERISA Affiliates in the circumstances

8

described in Section 4062(e) of ERISA; (e) the withdrawal by such Person or any of its ERISA Affiliates from a Multiple Employer Plan during a plan year for which it was a substantial employer, as defined in Section 4001(a)(2) of
ERISA; (f) the conditions for the imposition of a lien under Section 302(f) of ERISA shall have been met with respect to any Plan of such Person or any of its ERISA Affiliates; (g) the adoption of an amendment to a Plan of such Person or any of its
ERISA Affiliates requiring the provision of security to such Plan pursuant to Section 307 of ERISA; or (h) the institution by the PBGC of proceedings to terminate a Plan of such Person or any of its ERISA Affiliates pursuant to Section 4042 of
ERISA, or the occurrence of any event or condition described in Section 4042 of ERISA that constitutes grounds for the termination of, or the appointment of a trustee to administer, such Plan. 

     "Escrow" means an escrow established with an independent escrow agent pursuant to an escrow agreement reasonably satisfactory in form and
substance to the Person or Persons asserting the obligation of one or more Borrowers to make a payment to it or them hereunder. 

     "Euro" means the lawful currency of the European Union as constituted by the Treaty of Rome which established the European Community, as such
treaty may be amended from time to time and as referred to in the EMU legislation. 

     "Eurocurrency Lending Office" means, with respect to any Initial Lender, the office of such Lender specified as its "Eurocurrency Lending
Office" opposite its name on Schedule I hereto and, with respect to any other Lender, the office of such Lender specified as its "Eurocurrency Lending Office" in the Assumption Agreement or the Assignment and Acceptance pursuant to which it became a
Lender (or, if no such office is specified, its Domestic Lending Office), or such other office of such Lender as such Lender may from time to time specify to the Company and the Agent. 

     "Eurocurrency Liabilities" has the meaning assigned to that term in Regulation D of the Board of Governors of the Federal Reserve System, as
in effect from time to time. 

     "Eurocurrency Rate" means, for any Interest Period for each Eurocurrency Rate Advance comprising part of the same Revolving Credit Borrowing,
an interest rate per annum equal to the rate per annum obtained by dividing (a) the rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) appearing on the Reuters Page as the London interbank offered rate for deposits in Dollars
or in the relevant Major Currency at approximately 11:00 A.M. (London time) two Business Days prior to the first day of such Interest Period for a term comparable to such Interest Period or, if for any reason such rate is not available, the average
(rounded upward to the nearest whole multiple of 1/32 of 1% per annum, if such average is not such a multiple) of the rate per annum at which deposits in Dollars or in the relevant Major Currency are offered by the principal office of each of the
Reference Banks in London, England to prime banks in the London interbank market at 11:00 A.M. (London time) two Business Days before the first day of such Interest Period in an amount substantially equal to such Reference Bank's Eurocurrency Rate
Advance comprising part of such Revolving Credit Borrowing to be outstanding during such Interest Period and for a period equal to such Interest Period by (b) a percentage equal to 100%

9

minus the Eurocurrency Rate Reserve Percentage for such Interest Period. If the Reuters Page is unavailable, the Eurocurrency Rate for any Interest Period for each Eurocurrency Rate Advance comprising part of the same Revolving
Credit Borrowing shall be determined by the Agent on the basis of applicable rates furnished to and received by the Agent from the Reference Banks two Business Days before the first day of such Interest Period, subject, however, to the provisions of Section 2.09. 

     "Eurocurrency Rate Advance" means a Revolving Credit Advance denominated in Dollars or in a Major Currency that bears interest as provided in
Section 2.08(a)(i)(B) . 

     "Eurocurrency Rate Reserve Percentage" for any Interest Period for all Eurocurrency Rate Advances or LIBO Rate Advances comprising part of
the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for
determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets
consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurocurrency Rate Advances or LIBO Rate Advances is determined) having a term
equal to such Interest Period. 

     "Euro Swing Line Advance" means a Swing Line Advance denominated in Euro that bears interest as provided in Section 2.08(a)(ii)(A) .

     "Events of Default" has the meaning specified in Section 6.01. 

     "Extension Date" has the meaning specified in Section 2.19(b) .

     "Facility" means the Revolving Credit Facility, the Letter of Credit Facility or the Swing Line Facility. 

     "Federal Funds Rate" means, for any period, a fluctuating interest rate per annum equal for each day during such period to the weighted
average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published for such day (or, if such day is not a Business Day, for the next preceding Business Day) by the
Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average of the quotations for such day on such transactions received by the Agent from three Federal funds brokers of recognized standing
selected by it. 

     "Fixed Rate Advance" has the meaning specified in Section 2.03(a)(i), which Advance shall be denominated in Dollars or in any Foreign
Currency. 

     "Foreign Currency" means any Major Currency or any Alternate Currency.

     "GAAP" has the meaning specified in Section 1.03. 

10

     "Hazardous Materials" means (a) petroleum and petroleum products, byproducts or breakdown products, radioactive materials,
asbestos-containing materials, polychlorinated biphenyls and radon gas and (b) any other chemicals, materials or substances designated, classified or regulated as hazardous or toxic or as a pollutant or contaminant under any Environmental Law.

     "Increase Date" has the meaning specified in Section 2.18(a) . 

     "Increasing Lender" has the meaning specified in Section 2.18(b) .

     "Insufficiency" means, with respect to any Plan, the amount, if any, of its unfunded benefit liabilities, as defined in Section 4001(a)(18)
of ERISA. 

     "Interest Period" means (a) for each Swing Line Advance comprising part of the same Swing Line Borrowing, one period commencing on the date
of such Swing Line Advance and ending on a Business Day with a duration not to exceed five Business Days and (b) for each Eurocurrency Rate Advance comprising part of the same Revolving Credit Borrowing and each LIBO Rate Advance comprising part of
the same Competitive Bid Borrowing, the period commencing on the date of such Eurocurrency Rate Advance or LIBO Rate Advance or the date of the Conversion of any Base Rate Advance into such Eurocurrency Rate Advance and ending on the last day of the
period selected by the Borrower requesting such Borrowing pursuant to the provisions below and, thereafter, with respect to Eurocurrency Rate Advances, each subsequent period commencing on the last day of the immediately preceding Interest Period
and ending on the last day of the period selected by such Borrower pursuant to the provisions below. The duration of each such Interest Period for a Eurocurrency Rate Advance or a LIBO Rate Advance shall be one, two, three or six months and, if
available to all Lenders, nine months, as the Borrower requesting the Borrowing may, upon notice received by the Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the first day of such Interest Period, select;
provided, however, that: 

	 	       (i)  such
    Borrower may not select any Interest Period that ends after the scheduled
    Termination Date;   
	 	 
	 	       (ii) Interest Periods commencing
        on the same date for Eurocurrency Rate Advances comprising part of the
        same Revolving Credit Borrowing or for LIBO Rate Advances comprising
    part of the same Competitive Bid Borrowing shall be of the same duration; 
	 	 
	 	       (iii) whenever the last day of any
        Interest Period would otherwise occur on a day other than a Business
        Day, the last day of such Interest Period shall be extended to occur
        on the next succeeding Business Day, provided, however,
        that, if such extension would cause the last day of such Interest Period
        to occur in the next following calendar month, the last day of such Interest
    Period shall occur on the next preceding Business Day; and 
	 	 
	 	        (iv) whenever the first day
        of any Interest Period occurs on a day of an initial calendar month for
    which there is no numerically corresponding day in the

11

	 	calendar month that succeeds such
        initial calendar month by the number of months equal to the number of
        months in such Interest Period, such Interest Period shall end on the
    last Business Day of such succeeding calendar month. 

     "Internal Revenue Code" means
    the Internal Revenue Code of 1986, as amended from time to time, and the
regulations promulgated and rulings issued thereunder. 

     "Issuing Bank" means an Initial Issuing Bank or any Eligible Assignee to which a portion of the Letter of Credit Commitment hereunder has
been assigned pursuant to Section 9.06 so long as such Eligible Assignee expressly agrees to perform in accordance with their terms all of the obligations that by the terms of this Agreement are required to be performed by it as an Issuing Bank and
notifies the Agent of its Applicable Lending Office (which information shall be recorded by the Agent in the Register), for so long as the Initial Issuing Bank or Eligible Assignee, as the case may be, shall have a Letter of Credit Commitment.

     "L/C Cash Deposit Account" means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent
shall have sole dominion and control, upon terms as may be satisfactory to the Agent. 

     "L/C Related Documents" has the meaning specified in Section 2.07(b)(i) .

     "Lenders" means, collectively, (i) Initial Lenders, (ii) the Issuing Banks, (iii) the Swing Line Banks (unless the context otherwise
requires), (v) each Assuming Lender that shall become a party hereto pursuant to Section 2.18 or 2.19 and (v) each Eligible Assignee that shall become a party hereto pursuant to Section 9.06(a), (b) and (c). 

     "Letter of Credit" has the meaning specified in Section 2.01(b) . 

     "Letter of Credit Application" has the meaning specified in Section 2.04(a) .

     "Letter of Credit Commitment" means, with respect to each Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit to any
Borrower in (a) the amount set forth opposite the Issuing Bank's name on the signature pages hereto under the caption "Letter of Credit Commitment" or (b) if such Issuing Bank has entered into one or more Assignment and Acceptances, the amount set
forth for such Issuing Bank in the Register maintained by the Agent pursuant to Section 9.06(d) as such Issuing Bank's "Letter of Credit Commitment", in each case as such amount may be reduced prior to such time pursuant to Section 2.06. 

     "Letter of Credit Facility" means, at any time, an amount equal to the least of (a) the aggregate amount of the Issuing Banks' Letter of
Credit Commitments at such time, (b) $700,000,000 and (c) the aggregate amount of the Revolving Credit Commitments, as such amount may be reduced at or prior to such time pursuant to Section 2.06. 

     "LIBO Rate" means, for any Interest Period for all LIBO Rate Advances comprising part of the same Competitive Bid Borrowing, an interest rate
per annum equal to the rate per annum obtained by dividing (a) the rate per annum (rounded upwards, if

12

necessary, to the nearest 1/100 of 1%) appearing on the Reuters Page as the London interbank offered rate for deposits in Dollars or in the relevant Foreign Currency at approximately 11:00 A.M. (London time) two Business Days
prior to the first day of such Interest Period or, if for any reason such rate is not available, the average (rounded upward to the nearest whole multiple of 1/32 of 1% per annum, if such average is not such a multiple) of the rate per annum at
which deposits in Dollars or in the relevant Foreign Currency are offered by the principal office of each of the Reference Banks in London, England to prime banks in the London interbank market at 11:00 A.M. (London time) two Business Days before
the first day of such Interest Period in an amount substantially equal to the amount that would be the Reference Banks' respective ratable shares of such Borrowing if such Borrowing were to be a Revolving Credit Borrowing to be outstanding during
such Interest Period and for a period equal to such Interest Period by (b) a percentage equal to 100% minus the Eurocurrency Rate Reserve Percentage for such Interest Period. If the Reuters Page is unavailable, the LIBO Rate for any Interest Period
for each LIBO Rate Advance comprising part of the same Competitive Bid Borrowing shall be determined by the Agent on the basis of applicable rates furnished to and received by the Agent from the Reference Banks two Business Days before the first day
of such Interest Period, subject, however, to the provisions of Section 2.09. 

     "LIBO Rate Advance" means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO
Rate. 

     "Lien" means any lien, mortgage, pledge, security interest or other charge or encumbrance of any kind. 

     "Local Rate Advance" means a Competitive Bid Advance denominated in any Foreign Currency sourced from the jurisdiction of issuance of such
Foreign Currency and bearing interest at a fixed rate. 

     "Major Currencies" means lawful currency of the United Kingdom of Great Britain and Northern Ireland, lawful currency of Japan and Euros.

     "Majority Lenders" means at any time Lenders holding at least 51% of the then aggregate principal amount (based on the Equivalent in Dollars
at such time) of the Revolving Credit Advances owing to Lenders, or, if no such principal amount is then outstanding, Lenders having at least 51% of the Revolving Credit Commitments. 

     "Mandatory Cost" means the percentage rate per annum calculated by the Swing Line Agent in accordance with Schedule III. 

     "Material Adverse Change" means any material adverse change in the financial condition or results of operations of the Company and its
Consolidated Subsidiaries taken as a whole. 

     "Material Adverse Effect" means a material adverse effect on (a) the financial condition or results of operations of the Company and its
Consolidated Subsidiaries taken as a whole, (b) the rights and remedies of the Agent or any Lender under this Agreement or

13

any Note or (c) the ability of the Borrowers to perform their obligations under this Agreement or any Note. 

     "Moody's" means Moody's Investors Service, Inc.

     "Multiemployer Plan" of any Person means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which such Person or any of its
ERISA Affiliates is making or accruing an obligation to make contributions, or has within any of the preceding five plan years made or accrued an obligation to make contributions. 

     "Multiple Employer Plan" of any Person means a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for
employees of such Person or any of its ERISA Affiliates and at least one Person other than such Person or any of its ERISA Affiliates or (b) was so maintained and in respect of which such Person or any of its ERISA Affiliates could have liability
under Section 4064 or 4069 of ERISA in the event such plan has been or were to be terminated. 

     "Net Tangible Assets of the Company and its Consolidated Subsidiaries", as at any particular date of determination, means the total amount of
assets (less applicable reserves and other properly deductible items) after deducting therefrom (a) all current liabilities (excluding any thereof which are by their terms extendible or renewable at the option of the obligor thereon to a time more
than 12 months after the time as of which the amount thereof is being computed) and (b) all goodwill, trade names, trademarks, patents, unamortized debt discount and expense and other like intangible assets, as set forth in the most recent balance
sheet of the Company and its Consolidated Subsidiaries and computed in accordance with GAAP. 

     "Non-Consenting Lender" has the meaning specified in Section 2.19(b) .

     "Note" means a Revolving Credit Note or a Competitive Bid Note. 

     "Notice of Competitive Bid Borrowing" has the meaning specified in Section 2.03(a) . 

     "Notice of Issuance" has the meaning specified in Section 2.04(a) .

     "Notice of Revolving Credit Borrowing" has the meaning specified in Section 2.02(a) . 

     "Notice of Swing Line Borrowing" has the meaning specified in Section 2.02(b) .

     "Obligations" has the meaning specified in Section 7.01(b) . 

     "Payment Office" means, for any Foreign Currency, such office of Citibank as shall be from time to time selected by the Agent and notified by
the Agent to the Borrowers and the Lenders. 

     "PBGC" means the Pension Benefit Guaranty Corporation (or any successor).

14

     "Person" means an individual, partnership, corporation (including a business trust), joint stock company, trust, unincorporated association,
joint venture, limited liability company or other entity, or a government or any political subdivision or agency thereof. 

     "Plan" means a Single Employer Plan or a Multiple Employer Plan.

     "Public Debt Rating" means, as of any date, the highest rating that has been most recently announced by either S&P or Moody's, as the
case may be, for any class of non-credit enhanced long-term senior unsecured debt issued by the Company.  For purposes of the foregoing, (a) if only one of S&P and Moody's shall have in effect a Public Debt Rating, the Applicable Letter of
Credit Rate, the Applicable Margin, the Applicable Utilization Fee and the Applicable Percentage shall be determined by reference to the available rating; (b) if neither S&P nor Moody's shall have in effect a Public Debt Rating, the Applicable
Margin, the Applicable Utilization Fee and the Applicable Percentage will be set in accordance with Level 5 under the definition of "Applicable Letter of Credit Rate", "Applicable Margin", "Applicable Utilization Fee" or "Applicable Percentage", as the case
may be; (c) if the ratings established by S&P and Moody's shall fall within different levels, the Applicable Letter of Credit Rate, the Applicable Margin, the Applicable Utilization Fee and the Applicable Percentage shall be based upon the
higher rating, provided that if the lower of such ratings is more than one level below the higher of such ratings, the Applicable Letter of Credit Rate, the Applicable Margin, the Applicable
Utilization Fee and the Applicable Percentage shall be determined by reference to the level that is one level above such lower rating; (d) if any rating established by S&P or Moody's shall be changed, such change shall be effective as of the
date on which such change is first announced publicly by the rating agency making such change; and (e) if S&P or Moody's shall change the basis on which ratings are established, each reference to the Public Debt Rating announced by S&P or
Moody's, as the case may be, shall refer to the then equivalent rating by S&P or Moody's, as the case may be. 

     "Ratable Share" of any amount means, with respect to any Lender at any time, the product of (a) a fraction the numerator of which is the
amount of such Lender's Revolving Credit Commitment at such time and the denominator of which is the aggregate Revolving Credit Commitments at such time and (b) such amount. 

     "Rating Condition" has the meaning specified in Section 2.06(c)(ii) . 

     "Rating Condition Notice" has the meaning specified in Section 2.06(c)(ii) .

     "Reference Banks" means Citibank, Bank of America, N.A., JPMorgan Chase Bank, N.A. and Deutsche Bank AG New York Branch. 

"Register" has the meaning specified in Section 9.06(d) .

     "Restricted Property" means (a) any property of the Company located within the United States of America that, in the opinion of the Company's
Board of Directors, is a principal manufacturing property or (b) any shares of capital stock or Debt of any Subsidiary owning any such property. 

15

     "Reuters Page" means
the Reuters Screen LIBOR01 Page. 

     "Revolving Credit Advance" means an advance by a Lender to any Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate
Advance or a Eurocurrency Rate Advance (each of which shall be a "Type" of Revolving Credit Advance). 

     "Revolving Credit Borrowing" means a borrowing consisting of simultaneous Revolving Credit Advances of the same Type made by each of the
Lenders pursuant to Section 2.01. 

     "Revolving Credit Commitment" means as to any Lender (i) the Dollar amount set forth opposite its name on the signature pages hereof under
the caption "Revolving Credit Commitment", (ii) if such Lender has become a Lender hereunder pursuant to an Assumption Agreement, the Dollar amount set forth in such Assumption Agreement or (iii) if such Lender has entered into any Assignment and
Acceptance, the Dollar amount set forth for such Lender in the Register maintained by the Agent pursuant to Section 9.06(d) as such Lender's Revolving Credit Commitment, in each case as the same may be terminated or reduced, as the case may be,
pursuant to Section 2.06 or increased pursuant to Section 2.18 (and, in the case of a Swing Line Bank, its Revolving Credit Commitment or that of its affiliate shall include such Swing Line Bank's Swing Line Commitment). 

     "Revolving Credit Facility" means, at any time, the aggregate amount of the Revolving Credit Commitments, as such amount may be reduced at or
prior to such time pursuant to Section 2.06. 

     "Revolving Credit Note" means a promissory note of any Borrower payable to the order of any Lender, delivered pursuant to a request made
under Section 2.17 in substantially the form of Exhibit A-1 hereto, evidencing the aggregate indebtedness of such Borrower to such Lender resulting from the Revolving Credit Advances made by such Lender to such Borrower. 

     "Sale and Leaseback Transaction" means any arrangement with any Person (other than the Company or a Subsidiary of the Company), or to which
any such Person is a party, providing for the leasing to the Company or to a Subsidiary of the Company owning Restricted Property for a period of more than three years of any Restricted Property that has been or is to be sold or transferred by the
Company or such Subsidiary to such Person, or to any other Person (other than the Company or a Subsidiary of the Company) to which funds have been or are to be advanced by such Person on the security of the leased property. It is understood that
arrangements pursuant to Section 168(f)(8) of the Internal Revenue Code of 1954, as amended, or any successor provision having similar effect, are not included within this definition of "Sale and Leaseback Transaction". 

     "Single Employer Plan" of any Person means a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for
employees of such Person or any of its ERISA Affiliates and no Person other than such Person and its ERISA Affiliates or (b) was so maintained and in respect of which such Person or any of its ERISA Affiliates could have liability under Section 4069
of ERISA in the event such plan has been or were to be terminated. 

16

     "S&P" means Standard & Poor's Ratings Group, a division of The McGraw Hill Companies, Inc. 

     "Sub-Agent" means Citibank International plc.

     "Subsidiary" of any Person means any corporation, partnership, joint venture, limited liability company, trust or estate of which (or in
which) more than 50% of (a) the issued and outstanding capital stock having ordinary voting power to elect a majority of the Board of Directors of such corporation (irrespective of whether at the time capital stock of any other class or classes of
such corporation shall or might have voting power upon the occurrence of any contingency), (b) the interest in the capital or profits of such limited liability company, partnership or joint venture or (c) the beneficial interest in such trust or
estate is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such Person's other Subsidiaries. 

     "Swing Line Advance" means an advance by a Swing Line Bank to any Borrower as part of a Swing Line Borrowing and refers to a Euro Swing Line
Advance or a Dollar Swing Line Advance (each of which shall be a "Type" of Swing Line Advance). 

     "Swing Line Bank" means each Initial Swing Line Bank and any other Lender acceptable to the Company and the Swing Line Agent that agrees to
perform the duties of a Swing Line Bank hereunder. 

     "Swing Line Borrowing" means a borrowing consisting of simultaneous Swing Line Advances made by each of the Swing Line Banks pursuant to
Section 2.01(c) . 

     "Swing Line Commitment" means as to any Lender (i) the Euro amount set forth opposite such Lender's name on Schedule II hereof or (ii) if
such Lender has entered into an Assignment and Acceptance, the Euro amount set forth for such Lender in the Register maintained by the Swing Line Agent pursuant to Section 9.07(d), in each case as such amount may be reduced pursuant to Section 2.06.

     "Swing Line Facility" means, at any time, the aggregate amount of the Swing Line Banks' Swing Line Commitments at such time. 

     "Termination Date" means
    the earlier of (a) May 14, 2012, subject to the extension thereof pursuant
    to Section 2.19 and (b) the date of termination in whole of the Commitments
    pursuant to Section 2.06 or Section 6.01 or, if all Lenders elect to terminate
    their Commitments as provided therein, Section 2.06(d); provided,
however, that the Termination Date of any Lender that is a Non-Consenting Lender to any requested extension pursuant to Section 2.19 shall be the Termination Date in effect immediately prior
to the applicable Extension Date for all purposes of this Agreement. 

     "Threatened" means, with respect to any action, suit, investigation, litigation or proceeding, a written communication to the Company or a
Designated Subsidiary, as the

17

	 	case may be, expressing an intention
        to immediately bring such action, suit, investigation, litigation or
    proceeding. 
	 	 
	 	         "Unissued
            Letter of Credit Commitment" means,
            with respect to any Issuing Bank, the obligation of such Issuing
            Bank to issue Letters of Credit to any Borrower in an amount (converting
            all non-Dollar amounts into the then Dollar Equivalent thereof) equal
            to the excess of (a) the amount of its Letter of Credit Commitment
            over (b) the aggregate Available Amount of all Letters of Credit
    issued by such Issuing Bank.
	 	 
	 	         "Unused Commitment" means,
        with respect to each Lender at any time, (a) the amount of such Lender's
        Revolving Credit Commitment at such time minus (b)
        the sum of (i) the aggregate principal amount of all Revolving Credit
        Advances (based in respect of any Advances denominated in a Major Currency
        on the Equivalent in Dollars at such time) made by such Lender (in its
        capacity as a Lender) and outstanding at such time, plus (ii)
        such Lender's Ratable Share of (A) the aggregate principal amount of
        the Competitive Bid Advances (based in respect of any Advances denominated
        in a Foreign Currency on the Equivalent in Dollars at such time), (B)
        the aggregate Available Amount of all the Letters of Credit outstanding
        at such time (based in respect of any Letters of Credit denominated in
        a Major Currency on the Equivalent in Dollars at such time) and (C) the
        aggregate principal amount of all Swing Line Advances outstanding at
        such time (based in respect of any Swing Line Advances denominated in
        Euros on the Equivalent in Dollars at such time); provided, further,
        that each Revolving Credit Lender's Revolving Credit Commitment shall
        be deemed used from time to time to the extent of the Swing Line Advances
    made by it or its affiliate that is a Swing Line Bank.
	 	 
	 	         "Voting Stock" means
        capital stock issued by a corporation, or equivalent interests in any
        other Person, the holders of which are ordinarily, in the absence of
        contingencies, entitled to vote for the election of directors (or persons
        performing similar functions) of such Person, even if the right so to
    vote has been suspended by the happening of such a contingency.
	 	 
	 	         "Withdrawal
          Liability" has the meaning specified
    in Part I of Subtitle E of Title IV of ERISA.

     SECTION 1.02.  Computation of Time Periods.  In this Agreement 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 words "to" and "until" each mean "to but excluding". 

     SECTION 1.03. Accounting Terms. All accounting terms not specifically defined herein shall be construed, and all financial computations and
determinations pursuant hereto shall be made, in accordance with generally accepted accounting principles consistent with those applied in the preparation of the financial statements referred to in Section 4.01(e) ("GAAP"); provided, however, that, if any changes in accounting principles from those used
in the preparation of such financial statements have been required by the rules, regulations, pronouncements or opinions of the Financial Accounting Standards Board or the American Institute of Certified Public Accountants (or successors thereto or
agencies with similar functions) and have been adopted by the Company with the agreement of its independent certified public accountants, the

18

Lenders agree to consider a request by the Company to amend this Agreement to take account of such changes. 

ARTICLE II

AMOUNTS AND TERMS OF THE ADVANCES AND LETTERS OF CREDIT

     SECTION 2.01. The Revolving Credit Advances, Letters of Credit and Swing Line Advances.  (a)  Revolving Credit
Advances.  Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make Revolving Credit Advances to any Borrower from time to time on any Business Day during the period from the Effective
Date until the Termination Date in an aggregate amount (based in respect of any Revolving Credit Advance denominated in a Major Currency on the Equivalent in Dollars determined on the date of delivery of the applicable Notice of Revolving Credit
Borrowing), not to exceed such Lender's Unused Commitment.  Each Revolving Credit Borrowing shall be in an aggregate amount not less than $10,000,000 (or the Equivalent thereof in any Major Currency determined on the date of delivery of the
applicable Notice of Revolving Credit Borrowing) or an integral multiple of $1,000,000 (or the Equivalent thereof in any Major Currency determined on the date of delivery of the applicable Notice of Revolving Credit Borrowing) in excess thereof
and shall consist of Revolving Credit Advances of the same Type made on the same day by the Lenders ratably according to their respective Revolving Credit Commitments; provided,
however, that if there is no unused portion of the Commitment of one or more Lenders at the time of any requested Revolving Credit Borrowing such Borrowing shall consist of Revolving Credit
Advances of the same Type made on the same day by the Lender or Lenders who do then have an Unused Commitment ratably according to the aggregate Unused Commitments. Notwithstanding anything herein to the contrary, no Revolving Credit Borrowing may
be made in a Major Currency if, after giving effect to the making of such Revolving Credit Borrowing, the Equivalent in Dollars of the aggregate amount of outstanding Revolving Credit Advances denominated in Major Currencies, together with the
Equivalent in Dollars of the aggregate amount of outstanding Competitive Bid Advances denominated in Foreign Currencies, would exceed $500,000,000. Within the limits of each Lender's Revolving Credit Commitment, any Borrower may borrow under
this Section 2.01(a), prepay pursuant to Section 2.10 and reborrow under this Section 2.01(a) . 

     (b) Letters of Credit. Each Issuing Bank agrees, on the terms and conditions hereinafter set forth, to issue performance and financial
letters of credit (each, a "Letter of Credit") in any Major Currency for the account of any Borrower from time to time on any Business Day during the period from the Effective Date until 30
days before the Termination Date (i) in an aggregate Available Amount for all Letters of Credit issued by all Issuing Banks not to exceed at any time the Letter of Credit Facility at such time, (ii) in an amount for each Issuing Bank not to exceed
the amount of such Issuing Banks' Letter of Credit Commitment at such time and (iii) in an amount for each such Letter of Credit not to exceed an amount equal to the Unused Commitments of the Lenders at such time, in each case, converting all
non-Dollar amounts into the Dollar Equivalent thereof; provided that any Borrower may request that Letters of Credit be issued for the account of any of its Subsidiaries (without designating
such Subsidiary as a Designated Subsidiary) so long as such Borrower remains obligated for the reimbursement of any drawings under such Letters of Credit under the terms of this Agreement. No Letter of Credit shall have an expiration date (including
all rights of the applicable Borrower or the beneficiary to require

19

renewal) of later than the Termination Date, provided that no Letter of Credit may expire after the Termination Date of any Non-Consenting Lender if, after giving effect
to such issuance, the aggregate Revolving Credit Commitments of the Consenting Lenders (including any replacement Lenders) for the period following such Termination Date would be less than the Available Amount of the Letters of Credit expiring after
such Termination Date. Within the limits referred to above, any Borrower may request the issuance of Letters of Credit under this Section 2.01(b), repay any Revolving Credit Advances resulting from drawings thereunder pursuant to Section 2.04(c) and
request the issuance of additional Letters of Credit under this Section 2.01(b) . Each letter of credit listed on Schedule 2.01(b) shall be deemed to constitute a Letter of Credit issued hereunder, and each Lender that is an issuer of such a Letter
of Credit shall, for purposes of Section 2.04, be deemed to be an Issuing Bank for each such letter of credit, provided that any renewal or replacement of any such letter of credit shall be
issued by an Issuing Bank pursuant to the terms of this Agreement. The terms "issue", "issued", "issuance" and all similar terms, when applied to a Letter of Credit, shall include any renewal, extension or amendment thereof. 

     (c) The Swing Line Advances. Each Swing Line Bank severally agrees, on the terms and conditions hereinafter set forth, to make Swing Line
Advances to any Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date in an aggregate amount outstanding not to exceed at any time the lesser of (i) such Swing Line Bank's Swing Line
Commitment and (ii) the Unused Commitments of the Lenders at such time. Each Swing Line Borrowing shall be in an aggregate amount of no less than €1,000,000 or $1,000,000, as the case may be.  Each Swing Line Borrowing shall consist of
Swing Line Advances of the same Type made on the same day by the Swing Line Banks ratably according to their respective Swing Line Commitments. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the
Borrowers may borrow under this 2.01(c), prepay pursuant to Section 2.10 and reborrow under this Section 2.01(c) . 

     (d) Relationship of the Swing Line Facility with the Revolving Credit Facility. The Revolving Credit Facility may be used by way of Swing
Line Advances. The Swing Line Facility is not independent of the Revolving Credit Facility. 

     SECTION 2.02.  Making the Revolving Credit Advances and Swing Line Advances. (a) Each Revolving Credit Borrowing shall be made on notice,
given not later than (x) 10:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Revolving Credit Borrowing in the case of a Revolving Credit Borrowing consisting of Eurocurrency Rate Advances denominated in any
Major Currency, (y) 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Revolving Credit Borrowing in the case of a Revolving Credit Borrowing consisting of Eurocurrency Rate Advances denominated in Dollars or
(z) 9:00 A.M. (New York City time) on the day of the proposed Revolving Credit Borrowing in the case of a Revolving Credit Borrowing consisting of Base Rate Advances, by any Borrower to the Agent (and the Agent shall, in the case of a Revolving
Credit Borrowing consisting of Eurocurrency Rate Advances, immediately relay such notice to the Sub-Agent), which shall give to each Lender prompt notice thereof by telecopier or telex. Each such notice of a Revolving Credit Borrowing (a
"Notice of Revolving Credit Borrowing") shall be by telephone, confirmed immediately in writing, or telecopier or telex in substantially the form of Exhibit B-1 hereto, specifying therein
the requested (i) date of such Revolving Credit Borrowing, (ii) Type of Advances comprising such Revolving Credit Borrowing, (iii) aggregate amount of

20

such Revolving Credit Borrowing, and (iv) in the case of a Revolving Credit Borrowing consisting of Eurocurrency Rate Advances, initial Interest Period and currency for each such Revolving Credit Advance. Each Lender shall, before
11:00 A.M. (New York City time) on the date of such Revolving Credit Borrowing, in the case of a Revolving Credit Borrowing consisting of Advances denominated in Dollars, and before 11:00 A.M. (London time) on the date of such Revolving Credit
Borrowing, in the case of a Revolving Credit Borrowing consisting of Eurocurrency Rate Advances denominated in any Major Currency, make available for the account of its Applicable Lending Office to the Agent at the applicable Agent's account, in
same day funds, such Lender's ratable portion (as determined in accordance with Section 2.01) of such Revolving Credit Borrowing.  After the Agent's receipt of such funds and upon fulfillment of the applicable conditions set forth in Article III,
the Agent will make such funds available to the Borrower requesting the Revolving Credit Borrowing at the Agent's aforesaid address or at the applicable Payment Office, as the case may be; provided, however, that the Agent shall first make a portion of such funds equal to the aggregate principal amount of any Swing Line Advances made by the Swing Line Banks in the same
currency as the requested Revolving Credit Advance and outstanding on the date of such Revolving Credit Borrowing, plus interest accrued and unpaid thereon to and as of such date, available to the Swing Line Banks and such other Lenders for
repayment of such Swing Line Advances. 

     (b) Each Swing Line Borrowing shall be made on notice, given not later than 9:30 A.M. (London time) on the date of the proposed Swing Line Borrowing, by the applicable Borrower to the Swing Line Agent
which shall give to each Swing Line Bank prompt notice thereof by facsimile. Each such notice of a Swing Line Borrowing (a "Notice of Swing Line Borrowing") shall be by facsimile, such
notice to be in substantially the form of Exhibit B-3 hereto, specifying therein the requested (i) date of such Swing Line Borrowing, (ii) Type of Swing Line Advances comprising such Swing Line Borrowing, (iii) aggregate amount of such Swing Line
Borrowing, and (iv) the Interest Period for each such Swing Line Advance. Each Swing Line Bank shall, before 11:00 A.M. (London time) on the date of such Swing Line Borrowing, make available for the account of its Applicable Lending Office to the
Swing Line Agent, in same day funds, such Swing Line Bank's ratable portion of such Swing Line Borrowing. After receipt of such funds by the Swing Line Agent and upon fulfillment of the applicable conditions set forth in Article III, the Swing Line
Agent will make such funds available to the relevant Borrower as specified in the applicable Notice of Swing Line Borrowing. 

     (c) Anything in subsection (a) above to the contrary notwithstanding, a Borrower may not select Eurocurrency Rate Advances for any proposed Revolving Credit Borrowing if the obligation of the Lenders
to make Eurocurrency Rate Advances shall then be suspended pursuant to Section 2.09 or 2.12. 

     (d) Each Notice of Revolving Credit Borrowing and Notice of Swing Line Borrowing of any Borrower shall be irrevocable and binding on such Borrower. In the case of any Revolving Credit Borrowing that
the related Notice of Revolving Credit Borrowing specifies is to be comprised of Eurocurrency Rate Advances, the Borrower requesting such Revolving Credit Borrowing shall indemnify each Lender against any loss, cost or expense incurred by such
Lender as a result of any failure by such Borrower to fulfill on or before the date specified in such Notice of Revolving Credit Borrowing for such Revolving Credit Borrowing the applicable conditions set forth in Article III, including, without
limitation, any loss (including loss of anticipated profits),

21

cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by such Lender to fund the Revolving Credit Advance to be made by such Lender as part of such Revolving Credit Borrowing
when such Revolving Credit Advance, as a result of such failure, is not made on such date.  The Borrower requesting a Swing Line Borrowing shall indemnify each Swing Line Bank against any loss, cost or expense incurred by such Swing Line Bank as a
result of any failure to fulfill on or before the date specified in such Notice of Swing Line Borrowing for such Swing Line Borrowing the applicable conditions set forth in Article III, including, without limitation, any loss (excluding loss of
anticipated profits), cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by such Swing Line Bank to fund the Swing Line Advance to be made by such Swing Line Bank as part of such Swing Line
Borrowing when such Swing Line Advance, as a result of such failure, is not made on such date. 

     (e) (i) Unless the Agent shall have received notice from a Lender prior to the time of any Revolving Credit Borrowing that such Lender will not make available to the Agent such Lender's ratable
portion of such Revolving Credit Borrowing the Agent may assume that such Lender has made such portion available to the Agent on the date of such Revolving Credit Borrowing in accordance with subsection (a) of this Section 2.02 and the Agent may, in
reliance upon such assumption, make available to the Borrower proposing such Revolving Credit Borrowing on such date a corresponding amount. If and to the extent that such Lender shall not have so made such ratable portion available to the Agent,
such Lender and such Borrower severally agree to repay to the Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to such Borrower until the date such amount is
repaid to the Agent, at (x) in the case of such Borrower, the higher of (A) the interest rate applicable at the time to Revolving Credit Advances comprising such Revolving Credit Borrowing and (B) the cost of funds incurred by the Agent in respect
of such amount and (y) in the case of such Lender, (A) the Federal Funds Rate in the case of Advances denominated in Dollars or (B) the cost of funds incurred by the Agent in respect of such amount in the case of Advances denominated in any Major
Currency. If such Lender shall repay to the Agent such corresponding amount, such amount so repaid shall constitute such Lender's Revolving Credit Advance as part of such Revolving Credit Borrowing for purposes of this Agreement. 

     (ii) Unless the Swing Line Agent shall have received notice from a Swing Line Bank prior to 11:00 A.M. (London time) on the day of any Swing Line Borrowing that such Swing Line Bank will not make
available to the Swing Line Agent such Swing Line Bank's ratable portion of such Swing Line Borrowing, the Swing Line Agent may assume that such Swing Line Bank has made such portion available to the Swing Line Agent on the date of such Swing Line
Borrowing in accordance with subsection (b) of this Section 2.02 and the Swing Line Agent may, in reliance upon such assumption, make available to the Borrower proposing such Swing Line Borrowing on such date a corresponding amount. If and to the
extent that such Swing Line Bank shall not have so made such ratable portion available to the Swing Line Agent such Swing Line Bank and such Borrower severally agree to repay to the Swing Line Agent forthwith on demand such corresponding amount
together with interest thereon, for each day from the date such amount is made available to such Borrower until the date such amount is repaid to the Swing Line Agent at (x) in the case of such Borrower, the higher of (A) the interest rate
applicable at the time to Swing Line Advances comprising such Swing Line Borrowing and (B) the cost of funds incurred by the Swing Line Agent in respect of such amount, and (y) in the case of such Swing Line Bank, the cost

22

of funds incurred by the Swing Line Agent in respect of such amount. If such Swing Line Bank shall repay to the Swing Line Agent such corresponding amount, such amount so repaid shall constitute such Swing Line Bank's Swing Line
Advance as part of such Swing Line Borrowing for purposes of this Agreement. 

     (f) (i) The failure of any Lender to make the Revolving Credit Advance to be made by it as part of any Revolving Credit Borrowing shall not relieve any other Lender of its obligation, if any,
hereunder to make its Revolving Credit Advance on the date of such Revolving Credit Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Revolving Credit Advance to be made by such other Lender on the date of
any Revolving Credit Borrowing. 

     (ii) The failure of any Swing Line Bank to make the Swing Line Advance to be made by it as part of any Swing Line Borrowing shall not relieve any other Swing Line Bank of its obligation hereunder to
make its Swing Line Advance on the date of such Swing Line Borrowing, but no Swing Line Bank shall be responsible for the failure of any other Swing Line Bank to make the Swing Line Advance to be made by such other Swing Line Bank on the date of any
Swing Line Borrowing. 

     (g) If the respective Unused Commitments of the Lenders on the first day of an Interest Period for any Revolving Credit Borrowing are different from the respective Unused Commitments of the Lenders on
the last day of such Interest Period, the Agent shall so notify the Lenders and the respective Revolving Credit Advances shall be reallocated among the Lenders so that, after giving effect to such reallocation, the Revolving Credit Advances
comprising such Revolving Credit Borrowing and continuing into the subsequent Interest Period are funded by the Lenders ratably according to their respective Unused Commitments on such last day. Each Lender agrees that the conditions precedent set
forth in Section 3.03 shall not apply to any additional amounts required to be funded by such Lender pursuant to this Section 2.02(g) . 

     SECTION 2.03.  The Competitive Bid Advances.  (a)  Each Lender severally agrees that any Borrower may request Competitive Bid Borrowings
under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring seven days prior to the Termination Date in the manner set forth below; provided that, following the making of each Competitive Bid Borrowing, the aggregate amount (based in respect of any Advance denominated in a Foreign Currency on the Equivalent in Dollars on such Business
Day) of the Advances and the aggregate Available Amount of Letters of Credit then outstanding shall not exceed the aggregate amount of the Revolving Credit Commitments.  Notwithstanding anything herein to the contrary, no Competitive Bid Borrowing
may be made in a Foreign Currency if, after giving effect to the making of such Competitive Bid Borrowing, the Equivalent in Dollars of the aggregate amount of outstanding Competitive Bid Advances denominated in Foreign Currencies, together with the
Equivalent in Dollars of the aggregate amount of outstanding Revolving Credit Advances denominated in Major Currencies, would exceed $500,000,000. 

	 	          (i)
          Any Borrower may request a Competitive Bid Borrowing under this Section
          2.03 by delivering to the Agent (and the Agent shall, in the case of
          a Competitive Bid Borrowing not consisting of Fixed Rate Advances or
    LIBO Rate Advances to be

   

23

	 	denominated in Dollars,
          immediately notify the Sub-Agent), by telecopier or telex, a notice
          of a Competitive Bid Borrowing (a "Notice
          of Competitive Bid Borrowing"), in substantially
          the form of Exhibit B-2 hereto, specifying therein the requested (A)
          date of such proposed Competitive Bid Borrowing, (B) aggregate amount
          of such proposed Competitive Bid Borrowing, (C) interest rate basis
          and day count convention to be offered by the Lenders, (D) currency
          of such proposed Competitive Bid Borrowing, (E) in the case of a Competitive
          Bid Borrowing consisting of LIBO Rate Advances, Interest Period of
          each Competitive Bid Advance to be made as part of such Competitive
          Bid Borrowing, or in the case of a Competitive Bid Borrowing consisting
          of Fixed Rate Advances or Local Rate Advances, maturity date for repayment
          of each Fixed Rate Advance or Local Rate Advance to be made as part
          of such Competitive Bid Borrowing (which maturity date may not be earlier
          than the date occurring five days after the date of such Competitive
          Bid Borrowing or later than the Termination Date), (F) interest payment
          date or dates relating thereto, (G) location of such Borrower's account
          to which funds are to be advanced, and (H) other terms (if any) to
          be applicable to such Competitive Bid Borrowing, not later than (w)
          10:00 A.M. (New York City time) at least one Business Day prior to
          the date of the proposed Competitive Bid Borrowing, if such Borrower
          shall specify in its Notice of Competitive Bid Borrowing that the rates
          of interest to be offered by the Lenders shall be fixed rates per annum
          (each Advance comprising any such Competitive Bid Borrowing being referred
          to herein as a "Fixed Rate Advance")
          and that the Advances comprising such proposed Competitive Bid Borrowing
          shall be denominated in Dollars, (x) 10:00 A.M. (New York City time)
          at least four Business Days prior to the date of the proposed Competitive
          Bid Borrowing, if such Borrower shall instead specify in its Notice
          of Competitive Bid Borrowing that the Advances comprising such Competitive
          Bid Borrowing shall be LIBO Rate Advances denominated in Dollars, (y)
          3:00 P.M. (New York City time) at least three Business Days prior to
          the date of the proposed Competitive Bid Borrowing, if such Borrower
          shall specify in the Notice of Competitive Bid Borrowing that the Advances
          comprising such proposed Competitive Bid Borrowing shall be either
          Fixed Rate Advances denominated in any Foreign Currency or Local Rate
          Advances denominated in any Foreign Currency and (z) 3:00 P.M. (New
          York City time) at least five Business Days prior to the date of the
          proposed Competitive Bid Borrowing, if such Borrower shall instead
          specify in its Notice of Competitive Bid Borrowing that the Advances
          comprising such Competitive Bid Borrowing shall be LIBO Rate Advances
          denominated in any Foreign Currency. Each Notice of Competitive Bid
          Borrowing shall be irrevocable and binding on such Borrower. Any Notice
          of Competitive Bid Borrowing by a Designated Subsidiary shall be given
          to the Agent in accordance with the preceding sentence through the
          Company on behalf of such Designated Subsidiary. The Agent shall in
          turn promptly notify each Lender of each request for a Competitive
          Bid Borrowing received by it from such Borrower by sending such Lender
          a copy of the related Notice of Competitive Bid Borrowing. 

 
	 	 
	 	          (ii)
        Each Lender may, if, in its sole discretion, it elects to do so, irrevocably
        offer to make one or more Competitive Bid Advances to the Borrower proposing
        the Competitive Bid Borrowing as part of such proposed Competitive Bid
        Borrowing at a rate or rates of interest specified by such Lender in
        its sole discretion, by notifying the Agent (which shall give prompt
        notice thereof to such Borrower and to the Sub-Agent, if applicable),
    (A) before 9:30 A.M. (New York City time) on the date of such proposed

24

	 	Competitive Bid Borrowing, in the case
        of a Competitive Bid Borrowing consisting of Fixed Rate Advances denominated
        in Dollars, (B) before 10:00 A.M. (New York City time) three Business
        Days before the date of such proposed Competitive Bid Borrowing, in the
        case of a Competitive Bid Borrowing consisting of LIBO Rate Advances
        denominated in Dollars, (C) before 10:00 A.M. (New York City time) on
        the second Business Day prior to the date of such proposed Competitive
        Bid Borrowing, in the case of a Competitive Bid Borrowing consisting
        of either Fixed Rate Advances denominated in any Foreign Currency or
        Local Rate Advances denominated in any Foreign Currency and (D) before
        10:00 A.M. (New York City time) four Business Days before the date of
        such proposed Competitive Bid Borrowing, in the case of a Competitive
        Bid Borrowing consisting of LIBO Rate Advances denominated in any Foreign
        Currency, of the minimum amount and maximum amount of each Competitive
        Bid Advance which such Lender would be willing to make as part of such
        proposed Competitive Bid Borrowing (which amounts, or the Equivalent
        thereof in Dollars, as the case may be, may, subject to the proviso to
        the first sentence of this Section 2.03(a), exceed such Lender's Commitment,
        if any), the rate or rates of interest therefor and such Lender's Applicable
        Lending Office with respect to such Competitive Bid Advance; provided that
        if the Agent in its capacity as a Lender shall, in its sole discretion,
        elect to make any such offer, it shall notify such Borrower of such offer
        at least 30 minutes before the time and on the date on which notice of
        such election is to be given to the Agent, by the other Lenders. If any
        Lender shall elect not to make such an offer, such Lender shall so notify
        the Agent, before 10:00 A.M. (New York City time) (and the Agent shall
        notify the Sub-Agent, if applicable) on the date on which notice of such
        election is to be given to the Agent by the other Lenders, and such Lender
        shall not be obligated to, and shall not, make any Competitive Bid Advance
        as part of such Competitive Bid Borrowing; provided that
        the failure by any Lender to give such notice shall not cause such Lender
        to be obligated to make any Competitive Bid Advance as part of such proposed
    Competitive Bid Borrowing. 
	 	 
	 	 
	 	          (iii)
        The Borrower proposing the Competitive Bid Advance shall, in turn, (A)
        before 10:30 A.M. (New York City time) on the date of such proposed Competitive
        Bid Borrowing, in the case of a Competitive Bid Borrowing consisting
        of Fixed Rate Advances denominated in Dollars, (B) before 11:00 A.M.
        (New York City time) three Business Days before the date of such proposed
        Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing
        consisting of LIBO Rate Advances denominated in Dollars, (C) before 10:00
        A.M. (New York City time) on the Business Day prior to the date of such
        Competitive Bid Borrowing, in the case of a Competitive Bid Borrowing
        consisting of either Fixed Rate Advances denominated in any Foreign Currency
        or Local Rate Advances denominated in any Foreign Currency and (D) before
        10:00 A.M. (New York City time) three Business Days before the date of
        such proposed Competitive Bid Borrowing, in the case of a Competitive
        Bid Borrowing consisting of LIBO Rate Advances denominated in any Foreign
    Currency, either: 
	 	 
	 	 	(x) cancel such Competitive Bid Borrowing
    by giving the Agent notice to that effect, or 
	 	 	 
	 	 	(y) accept one or more
        of the offers made by any Lender or Lenders pursuant to paragraph (ii)
    above, in its sole discretion, by giving notice to the Agent

25

	 	 	(and the Agent shall give notice to the
        Sub-Agent, if applicable) of the amount of each Competitive Bid Advance
        (which amount shall be equal to or greater than the minimum amount, and
        equal to or less than the maximum amount, notified to such Borrower by
        the Agent on behalf of such Lender for such Competitive Bid Advance pursuant
        to paragraph (ii) above) to be made by each Lender as part of such Competitive
        Bid Borrowing, and reject any remaining offers made by Lenders pursuant
        to paragraph (ii) above by giving the Agent notice to that effect; provided, however,
        that such Borrower shall not accept any offer in excess of the requested
        bid amount for any maturity. Such Borrower shall accept the offers made
        by any Lender or Lenders to make Competitive Bid Advances in order of
        the lowest to the highest rates of interest offered by such Lenders.
        If two or more Lenders have offered the same interest rate, the amount
        to be borrowed at such interest rate will be allocated among such Lenders
        in proportion to the amount that each such Lender offered at such interest
    rate. 
	 	 	 
	 	 	      (iv) If the Borrower proposing the
        Competitive Bid Borrowing notifies the Agent that such Competitive Bid
        Borrowing is canceled pursuant to paragraph (iii)(x) above, the Agent
        shall give prompt notice thereof to the Lenders and such Competitive
    Bid Borrowing shall not be made. 
	 	 	 
	 	 	     (v) If the
        Borrower proposing the Competitive Bid Borrowing accepts one or more
        of the offers made by any Lender or Lenders pursuant to paragraph (iii)(y)
        above, the Agent shall in turn promptly notify (A) each Lender that has
        made an offer as described in paragraph (ii) above, of the date and aggregate
        amount of such Competitive Bid Borrowing and whether or not any offer
        or offers made by such Lender pursuant to paragraph (ii) above have been
        accepted by such Borrower, (B) each Lender that is to make a Competitive
        Bid Advance as part of such Competitive Bid Borrowing, of the amount
        of each Competitive Bid Advance to be made by such Lender as part of
        such Competitive Bid Borrowing, and (C) each Lender that is to make a
        Competitive Bid Advance as part of such Competitive Bid Borrowing, upon
        receipt, that the Agent has received forms of documents appearing to
        fulfill the applicable conditions set forth in Article III. Each Lender
        that is to make a Competitive Bid Advance as part of such Competitive
        Bid Borrowing shall, before 11:00 A.M. (New York City time), in the case
        of Competitive Bid Advances to be denominated in Dollars or 11:00 A.M.
        (London time), in the case of Competitive Bid Advances to be denominated
        in any Foreign Currency, on the date of such Competitive Bid Borrowing
        specified in the notice received from the Agent pursuant to clause (A)
        of the preceding sentence or any later time when such Lender shall have
        received notice from the Agent pursuant to clause (C) of the preceding
        sentence, make available for the account of its Applicable Lending Office
        to the Agent (x) in the case of a Competitive Bid Borrowing denominated
        in Dollars, at its address referred to in Section 9.02, in same day funds,
        such Lender's portion of such Competitive Bid Borrowing in Dollars, and
        (y) in the case of a Competitive Bid Borrowing in a Foreign Currency,
        at the Payment Office for such Foreign Currency as shall have been notified
        by the Agent to the Lenders prior thereto, in same day funds, such Lender's
        portion of such Competitive Bid Borrowing in such Foreign Currency. Upon
        fulfillment of the applicable conditions set forth in Article III and
        after receipt by the Agent of such funds, the Agent will make such funds
        available to such Borrower's account at the location specified by such
    Borrower in its Notice of Competitive

26

 

	 	 	Bid Borrowing. Promptly after each Competitive
        Bid Borrowing the Agent will notify each Lender of the amount and tenor
    of such Competitive Bid Borrowing. 
	 	 	 
	 	 	     (vi) If the
        Borrower proposing the Competitive Bid Borrowing notifies the Agent that
        it accepts one or more of the offers made by any Lender or Lenders pursuant
        to paragraph (iii)(y) above, such notice of acceptance shall be irrevocable
        and binding on such Borrower. Such Borrower shall indemnify each Lender
        against any loss, cost or expense incurred by such Lender as a result
        of any failure by such Borrower to fulfill on or before the date specified
        in the related Notice of Competitive Bid Borrowing for such Competitive
        Bid Borrowing the applicable conditions set forth in Article III, including,
        without limitation, any loss (including loss of anticipated profits),
        cost or expense incurred by reason of the liquidation or reemployment
        of deposits or other funds acquired by such Lender to fund the Competitive
        Bid Advance to be made by such Lender as part of such Competitive Bid
        Borrowing when such Competitive Bid Advance, as a result of such failure,
    is not made on such date. 
	 	 	 

                         (b) Each Competitive Bid Borrowing shall be in an aggregate amount not less than $10,000,000 (or the Equivalent thereof in any Foreign Currency, determined as of the time of the applicable Notice
of Competitive Bid Borrowing) or an integral multiple of $1,000,000 (or the Equivalent thereof in any Foreign Currency, determined as of the time of the applicable Notice of Competitive Bid Borrowing) in excess thereof and, following the making
of each Competitive Bid Borrowing, the Borrower that has borrowed such Competitive Bid Borrowing shall be in compliance with the limitation set forth in the proviso to the first sentence of subsection (a) above.

                         (c) Within the limits and on the conditions set forth in this Section 2.03, any Borrower may from time to time borrow under this Section 2.03, repay or prepay pursuant to subsection (d) below, and
reborrow under this Section 2.03, provided that a Competitive Bid Borrowing shall not be made within three Business Days of the date of any other Competitive Bid Borrowing. 

                         (d) Any Borrower that has borrowed through a Competitive Bid Borrowing shall repay to the Agent for the account of each Lender that has made a Competitive Bid Advance, on the maturity date of such
Competitive Bid Advance (such maturity date being that specified by such Borrower for repayment of such Competitive Bid Advance in the related Notice of Competitive Bid Borrowing delivered pursuant to subsection (a)(i) above and provided in the
Competitive Bid Note evidencing such Competitive Bid Advance), the then unpaid principal amount of such Competitive Bid Advance.  Such Borrower shall have no right to prepay any principal amount of any Competitive Bid Advance unless, and then only
on the terms, specified by such Borrower for such Competitive Bid Advance in the related Notice of Competitive Bid Borrowing delivered pursuant to subsection (a)(i) above and set forth in the Competitive Bid Note evidencing such Competitive Bid
Advance. 

                         (e) Each Borrower that has borrowed through a Competitive Bid Borrowing shall pay interest on the unpaid principal amount of each Competitive Bid Advance comprising such Competitive Bid Borrowing from
the date of such Competitive Bid Advance to the date the principal amount of such Competitive Bid Advance is repaid in full, at the rate of interest for such Competitive Bid Advance specified by the Lender making such Competitive Bid Advance in
its

27

notice with respect thereto delivered pursuant to subsection (a)(ii) above, payable on the interest payment date or dates specified by such Borrower for such Competitive Bid Advance in the related Notice of Competitive Bid
Borrowing delivered pursuant to subsection (a)(i) above, as provided in the Competitive Bid Note evidencing such Competitive Bid Advance. Upon the occurrence and during the continuance of an Event of Default under Section 6.01(a), such Borrower
shall pay interest on the amount of unpaid principal of and interest on each Competitive Bid Advance owing to a Lender, payable in arrears on the date or dates interest is payable thereon, at a rate per annum equal at all times to 1% per annum above
the rate per annum required to be paid on such Competitive Bid Advance under the terms of the Competitive Bid Note evidencing such Competitive Bid Advance unless otherwise agreed in such Competitive Bid Note. 

                         (f) The indebtedness of any Borrower resulting from each Competitive Bid Advance made to such Borrower as part of a Competitive Bid Borrowing shall be evidenced by a separate Competitive Bid Note of
such Borrower payable to the order of the Lender making such Competitive Bid Advance. 

                         SECTION 2.04. Issuance of and Drawings and Reimbursement Under Letters of Credit. (a) Request for Issuance. (i) Each Letter of Credit shall
be issued upon notice, given not later than 11:00 A.M. (New York City time) on the fifth Business Day prior to the date of the proposed issuance of such Letter of Credit (or on such shorter notice as the applicable Issuing Bank may agree), by any
Borrower to any Issuing Bank, and such Issuing Bank shall give the Agent, prompt notice thereof by facsimile. Each such notice of issuance of a Letter of Credit (a "Notice of Issuance") shall be by telephone, confirmed immediately in writing, or
facsimile, specifying therein the requested (A) date of such issuance (which shall be a Business Day), (B) Available Amount and currency (which shall be a Major Currency or Dollars) of such Letter of Credit, (C) expiration date of such Letter of
Credit (which shall not be later than the Termination Date), (D) name and address of the beneficiary of such Letter of Credit and (E) form of such Letter of Credit, and shall be accompanied by such customary application and agreement for letter of
credit as such Issuing Bank may specify to the Borrower requesting such issuance for use in connection with such requested Letter of Credit (a "Letter of Credit Application"). If (A) the
requested form of such Letter of Credit, in the reasonable judgment of the Issuing Bank, conforms to standard practices of financial institutions that regularly issue letters of credit, (B) the issuance of a letter of credit to the beneficiary of
such Letter of Credit would not, in the reasonable judgment of the Issuing Bank, violate or conflict with (y) any regulatory or legal restriction applicable to the Issuing Bank, or (z) any internal policy, procedure or guideline of, the Issuing Bank
that is consistent with standard practices of financial institutions that regularly issue letters of credit and (C) the Issuing Bank has not received written notice form any Lender, the Agent or any Borrower, at least one Business Day prior to the
requested date of issuance or amendment of the applicable Letter of Credit, that one or more applicable conditions contained in Section 3.03 shall not be satisfied, then such Issuing Bank will, upon fulfillment of the applicable conditions set forth
in Article III, make such Letter of Credit available to the Borrower requesting such issuance at its office referred to in Section 9.02 or as otherwise agreed with such Borrower in connection with such issuance. In the event and to the extent that
the provisions of any Letter of Credit Application shall conflict with this Agreement, the provisions of this Agreement shall govern. An Issuing Bank that issues a Letter of Credit which expires prior to the Termination Date but provides for
automatic extension of the expiry date will not exercise its right to prevent the automatic extension of the expiry date unless (i) the applicable conditions set forth in Section 3.03 are not satisfied as to

28

the date of such Issuing Bank's required notice of non-extension, or (ii) such automatic extension would extend the expiry date beyond the Termination Date. 

                         (b) Participations. By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without
any further action on the part of the applicable Issuing Bank or the Lenders, such Issuing Bank hereby grants to each Lender, and each Lender hereby acquires from such Issuing Bank, a participation in such Letter of Credit equal to such Lender's
Ratable Share of the Available Amount of such Letter of Credit. Each Borrower hereby agrees to each such participation. In consideration and in furtherance of the foregoing, each Lender hereby absolutely and unconditionally agrees to pay to the
Agent, for the account of such Issuing Bank, such Lender's Ratable Share of each drawing made under a Letter of Credit funded by such Issuing Bank and not reimbursed by the applicable Borrower on the date made, or of any reimbursement payment
required to be refunded to any Borrower for any reason. Each Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Letters of Credit is absolute and unconditional and shall not be
affected by any circumstance whatsoever, including any amendment, renewal or extension of any Letter of Credit or the occurrence and continuance of a Default or reduction or termination of the Revolving Credit Commitments, and that each such payment
shall be made without any offset, abatement, withholding or reduction whatsoever.  Each Lender further acknowledges and agrees that its participation in each Letter of Credit will be automatically adjusted to reflect such Lender's Ratable Share of
the Available Amount of such Letter of Credit at each time such Lender's Revolving Credit Commitment is amended pursuant to the operation of Sections 2.06(b), (c) or (d), an assignment in accordance with Section 9.06 or otherwise pursuant to this
Agreement. 

                         (c) Drawing and Reimbursement. The payment by an Issuing Bank of a draft drawn under any Letter of Credit shall constitute for all purposes
of this Agreement the making by any such Issuing Bank of a Revolving Credit Advance, which, in the case of Letters of Credit denominated in Dollars, shall be a Base Rate Advance, in the amount of such draft or, in the case of a Letter of Credit
denominated in any Major Currency, shall be an Advance that bears interest at the Overnight Eurocurrency Rate (as defined below) of such Issuing Bank for a period of five Business Days and thereafter, shall be a Base Rate Advance in the Equivalent
in Dollars on such fifth Business Day for the amount of such draft. Each Issuing Bank shall give prompt notice (and such Issuing Bank will use its commercially reasonable efforts to deliver such notice within one Business Day) of each drawing under
any Letter of Credit issued by it to the Company, the applicable Borrower (if not the Company) and the Agent. Upon written demand by such Issuing Bank, with a copy of such demand to the Agent and the Company, each Lender shall pay to the Agent such
Lender's Ratable Share of such outstanding Revolving Credit Advance, by making available for the account of its Applicable Lending Office to the Agent for the account of such Issuing Bank, by deposit to the Agent's Account, in same day funds, an
amount equal to the portion of the outstanding principal amount of such Revolving Credit Advance to be funded by such Lender, provided that the Lenders shall not be required to fund such
Revolving Credit Advances resulting from drawings under a Letter of Credit denominated in any Major Currency until such Advance is exchanged for the Equivalent in Dollars and is a Base Rate Advance. Each Lender acknowledges and agrees that its
obligation to make Revolving Credit Advances pursuant to this paragraph in respect of Letters of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension of any
Letter of Credit or the occurrence and continuance of a Default or reduction or termination of the Revolving

29

Credit Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. Promptly after receipt thereof, the Agent shall transfer such funds to such Issuing Bank.  Each
Lender agrees to fund its Ratable Share of an outstanding Revolving Credit Advance on (i) the Business Day on which demand therefor is made by such Issuing Bank, provided that notice of such
demand is given not later than 11:00 A.M. (New York City time) on such Business Day, or (ii) the first Business Day next succeeding such demand if notice of such demand is given after such time. If and to the extent that any Lender shall not have so
made the amount of such Revolving Credit Advance available to the Agent, such Lender agrees to pay to the Agent forthwith on demand such amount together with interest thereon, for each day from the date of demand by any such Issuing Bank until the
date such amount is paid to the Agent, at the Federal Funds Rate for its account or the account of such Issuing Bank, as applicable. If such Lender shall pay to the Agent such amount for the account of any such Issuing Bank on any Business Day, such
amount so paid in respect of principal shall constitute a Revolving Credit Advance made by such Lender on such Business Day for purposes of this Agreement, and the outstanding principal amount of the Revolving Credit Advance made by such Issuing
Bank shall be reduced by such amount on such Business Day. "Overnight Eurocurrency Rate" means the rate per annum applicable to an overnight period beginning on one Business Day and ending
on the next Business Day equal to the sum of the Applicable Margin for Eurocurrency Rate Advances and the rate per annum quoted by the Applicable Issuing Bank to the Agent as the rate at which it is offering overnight deposits in the relevant
currency in amounts comparable to such Issuing Bank's Advances resulting from drawings on Letters of Credit denominated in a Major Currency. 

     (d) Letter of Credit Reports. Each Issuing Bank shall furnish (A) to the Agent (with a copy to the Company) on the first Business Day of each
month a written report summarizing issuance and expiration dates of Letters of Credit during the preceding month and drawings during such month under all Letters of Credit and (B) to the Agent (with a copy to the Company) on the first Business Day
of each calendar quarter a written report setting forth the average daily aggregate Available Amount during the preceding calendar quarter of all Letters of Credit. 

     (e) Failure to Make Advances.  The failure of any Lender to make the Revolving Credit Advance to be made by it on the date specified in
Section 2.04(c) shall not relieve any other Lender of its obligation hereunder to make its Revolving Credit Advance on such date, but no Lender shall be responsible for the failure of any other Lender to make the Revolving Credit Advance to be made
by such other Lender on such date. 

     SECTION 2.05. Fees. (a) Facility Fee. The Company agrees to pay to the Agent for
the account of each Lender a facility fee on the aggregate amount of such Lender's Commitment from the date hereof in the case of each Initial Lender and from the effective date specified in the Assumption Agreement or in the Assignment and
Acceptance pursuant to which it became a Lender in the case of each other Lender until the Termination Date at a rate per annum equal to the Applicable Percentage in effect from time to time, payable in arrears quarterly on the last day of each
March, June, September and December, commencing June 30, 2007, and on the Termination Date. 

     (b) Letter of Credit Fees. (i) Each Borrower shall pay to the Agent for the account of each Lender a fee on such Lender's Ratable Share of
the sum of (x) the average daily

30

aggregate Available Amount of all Letters of Credit issued at the request of such Borrower and outstanding from time to time and (y) any Advances bearing interest at the Overnight Eurocurrency Rate as provided in Section 2.04(c)
and outstanding from time to time, at a rate per annum equal to the Applicable Letter of Credit Rate in effect from time to time, during such calendar quarter, payable in arrears quarterly on the third Business Day after the last day of each March,
June, September and December, commencing with the quarter ended June 30, 2007, and on and after the Termination Date payable upon demand; provided that the Applicable Letter of Credit Rate
shall be 1% above the Applicable Letter of Credit Rate in effect upon the occurrence and during the continuation of an Event of Default if the Borrowers are required to pay default interest pursuant to Section 2.08(b) . 

     (ii) Each Borrower shall pay to each Issuing Bank for its own account such reasonable fees as have been agreed between the Company and such Issuing Bank. 

     (c) Agent's Fees. The Company shall pay to the Agent and Swing Line Agent for its own account such fees, and at such times, as the Company
and such Agent may separately agree. 

     SECTION 2.06.  Termination or Reduction of the Commitments.  (a) Optional Ratable Termination or
Reduction. The Company shall have the right, upon at least three Business Days' notice to the Agent, to terminate in whole or permanently reduce ratably in part the Unused Commitments of the Lenders, provided that each partial reduction shall be in an aggregate amount not less than $10,000,000 or an integral multiple of $1,000,000 in excess thereof, provided that following any such termination or reduction, the aggregate Swing Line Commitments shall not exceed the aggregate Revolving Credit Commitments.  The aggregate amount of the Commitments, once
reduced as provided in this Section 2.06(a), may not be reinstated. 

     (b) Non-Ratable Termination by Assignment. The Company shall have the right, upon at least ten Business Days' written notice to the Agent
(which shall then give prompt notice thereof to the relevant Lender), to require any Lender to assign, pursuant to and in accordance with the provisions of Section 9.06, all of its rights and obligations under this Agreement and under the Notes to
an Eligible Assignee selected by the Company; provided, however, that (i) no Event of Default shall have occurred and be continuing
at the time of such request and at the time of such assignment; (ii) the assignee shall have paid to the assigning Lender the aggregate principal amount of, and any interest accrued and unpaid to the date of such assignment on, the Note or Notes of
such Lender; (iii) the Company shall have paid to the assigning Lender any and all accrued facility fees and Letter of Credit fees payable to such Lender and all other accrued and unpaid amounts owing to such Lender under any provision of this
Agreement (including, but not limited to, any increased costs or other additional amounts owing under Section 2.11 and Section 9.04 and any indemnification for Taxes under Section 2.14) as of the effective date of such assignment; (iv) if the
assignee selected by the Company is not an existing Lender, such assignee or the Company shall have paid the processing and recordation fee required under Section 9.06(a) for such assignment and (v) if the assigning Lender is an Issuing Bank, the
Company shall pay to the Agent for deposit in the L/C Cash Deposit Account an amount equal to the Available Amount of all Letters of Credit issued by such Issuing Bank; provided further that
the Company shall have no right to replace more than three Lenders in any calendar year pursuant to this Section 2.06(b); and provided further that the assigning Lender's rights under

31

Sections 2.11, 2.14 and 9.04, and, in the case of an Issuing Bank, Sections 2.04(b) and 6.02, and its obligations under Section 8.05, shall survive such assignment as to matters occurring prior to the date of assignment.

     (c) Non-Ratable Reduction. (i) The Company shall have the right, at any time other than during any Rating Condition, upon at least ten
Business Days' notice to a Lender (with a copy to the Agent), to terminate in whole such Lender's Commitments. Such termination shall be effective, (x) with respect to such Lender's Unused Commitment, on the date set forth in such notice,
provided, however, that such date shall be no earlier than ten Business Days after receipt of such notice and (y) with respect to
each Advance outstanding to such Lender, in the case of Base Rate Advances, on the date set forth in such notice and, in the case of Eurocurrency Rate, on the last day of the then current Interest Period relating to such Advance; provided further, however, that such termination shall not be effective, if, after
giving effect to such termination, the Company would, under this Section 2.06(c), reduce the Lenders' Revolving Credit Commitments in any calendar year by an amount in excess of the Revolving Credit Commitments of any three Lenders or
$240,000,000, whichever is greater on the date of such termination.  Notwithstanding the preceding proviso, the Company may terminate in whole the Commitments of any Lender in accordance with the terms and conditions set forth in Section 2.06(b)
.. Upon termination of a Lender's Commitments under this Section 2.06(c), the Company will pay or cause to be paid all principal of, and interest accrued to the date of such payment on, Advances owing to such Lender and pay any accrued facility fees
or Letter of Credit fees payable to such Lender pursuant to the provisions of Section 2.05, and all other amounts payable to such Lender hereunder (including, but not limited to, any increased costs or other amounts owing under Section 2.11 and any
indemnification for Taxes under Section 2.14); and upon such payments and, if such Lender is an Issuing Bank, shall pay to the Agent for deposit in the L/C Cash Deposit Account an amount equal to the Available Amount of all Letters of Credit issued
by such Issuing Bank, the obligations of such Lender hereunder shall, by the provisions hereof, be released and discharged; provided, however, that such Lender's rights under Sections 2.11, 2.14 and 9.04, and, in the case of an Issuing Bank, Sections 2.04(b) and 6.02, and its obligations under Section 8.05 shall survive such release and discharge as to matters occurring
prior to such date. The aggregate amount of the Commitments of the Lenders once reduced pursuant to this Section 2.06(c) may not be reinstated.

     (ii) For purposes of this Section 2.06(c) only, the term "Rating Condition" shall mean a period commencing with notice (a "Rating Condition Notice") by the Agent to the Company and the Lenders to the effect that the Agent has been informed that the rating of the senior public Debt of the Company is unsatisfactory under the
standard set forth in the next sentence, and ending with notice by the Agent to the Company and the Lenders to the effect that such condition no longer exists. The Agent shall give a Rating Condition Notice promptly upon receipt from the Company or
any Lender of notice stating, in effect, that both of S&P and Moody's (or any successor by merger or consolidation to the business of either thereof), respectively, then rate the senior public Debt of the Company lower than BBB- and Baa3. The
Company agrees to give notice to the Agent forthwith upon any change in a rating by either such organization of the senior public Debt of the Company; the Agent shall have no duty whatsoever to verify the accuracy of any such notice from the Company
or any Lender or to monitor independently the ratings of the senior public Debt of the Company and no Lender shall have any duty to give any such notice. The Agent shall give notice to the Lenders and the Company as to the termination of a Rating
Condition promptly upon receiving a notice from the Company to the Agent (which

32

notice the Agent shall promptly notify to the Lenders) stating that the rating of the senior public Debt of the Company does not meet the standard set forth in the second sentence of this clause (ii), and requesting that the Agent
notify the Lenders of the termination of the Rating Condition. The Rating Condition shall terminate upon the giving of such notice by the Agent. 

     (d) Termination by a Lender. In the event that a Change of Control occurs, each Lender may, by notice to the Company and the Agent given not
later than 50 calendar days after such Change of Control, terminate its Revolving Credit Commitment, its Unissued Letter of Credit Commitment and its or its affiliate's Swing Line Commitment, if any, which Commitments shall be terminated effective
as of the later of (i) the date that is 60 calendar days after such Change of Control or (ii) the end of the Interest Period for any Eurocurrency Rate Advance outstanding at the time of such Change of Control or for any Eurocurrency Rate Advance
made pursuant to the next sentence of this Section 2.06(d) .  Upon the occurrence of a Change of Control, each Borrower's right to make a Borrowing or request the issuance of a Letter of Credit under this Agreement shall be suspended for a period of
60 calendar days, except for Base Rate Advances and Eurocurrency Rate Advances having an Interest Period ending not later than 90 calendar days after such Change of Control. A notice of termination pursuant to this Section 2.06(d) shall not have the
effect of accelerating any outstanding Advance of such Lender and the Notes of such Lender. 

     (e) Funds deposited to the L/C Cash Deposit Account pursuant to Section 2.06(b)(v) above (in the case of an assigning Lender thereunder that is an Issuing Bank) or Section 2.06(c)(i) above (in the
case of a Lender whose Commitments are terminated thereunder that is an Issuing Bank) shall be applied to reimburse any drawings made under any Letter of Credit issued by such applicable Issuing Bank to the extent permitted by applicable law, and if
so applied then such reimbursement shall be deemed satisfaction of the obligations of the Lenders and of the applicable Borrower to reimburse such drawing. After all of the Letters of Credit issued by such Issuing Banks shall have expired or been
fully drawn upon and all other obligations of the Borrowers hereunder to such Issuing Banks have been paid in full, the balance, if any, in the L/C Cash Deposit Account shall be promptly returned to the Company. 

     SECTION 2.07. Repayment of Advances. (a) Revolving Credit Advances. Each Borrower
shall repay to the Agent for the ratable account of the Lenders on the Termination Date the aggregate principal amount of the Revolving Credit Advances then outstanding. 

     (b) Competitive Bid Advances. Each Borrower shall repay to the Agent, for the account of each Lender that has made a Competitive Bid Advance,
the aggregate outstanding principal amount of each Competitive Bid Advance made to such Borrower and owing to such Lender on the earlier of (i) the maturity date therefor, specified in the related Notice of Competitive Bid Borrowing delivered
pursuant to Section 2.03(a)(i) and (ii) the Termination Date.

     (c) Letter of Credit Reimbursements. The obligation of any Borrower under this Agreement, any Letter of Credit Application and any other
agreement or instrument, in each case, to repay any Revolving Credit Advance that results from payment of a drawing under a Letter of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this
Agreement, such Letter of Credit Application and such other agreement or instrument under all circumstances, including, without limitation, the following circumstances (it being

33

understood that any such payment by a Borrower is without prejudice to, and does not constitute a waiver of, any rights such Borrower might have or might acquire as a result of the payment by any Lender of any draft or the
reimbursement by the Borrower thereof as set forth in Section 9.16 or otherwise): 

	 	      (i) any lack of validity or enforceability of
      this Agreement, any Note, any Letter of Credit Application, any Letter
      of Credit or any other agreement or instrument relating thereto (all of
      the foregoing being, collectively, the "L/C
    Related Documents"); 
	 	 
	 	      (ii) any change in the time,
      manner or place of payment of any Letter of Credit; 
	 	 
	 	      (iii)
      the existence of any claim, set-off, defense or other right that any Borrower
      may have at any time against any beneficiary or any transferee of a Letter
      of Credit (or any Persons for which any such beneficiary or any such transferee
      may be acting), any Issuing Bank, the Agent, any Lender or any other Person,
      whether in connection with the transactions contemplated by the L/C Related
      Documents or any unrelated transaction; 
	 	 
	 	      (iv) any statement or any 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;
	 	 
	 	      (v) payment by any Issuing Bank
      under a Letter of Credit against presentation of a draft or certificate
    that does not substantially comply with the terms of such Letter of Credit; 
	 	 
	 	      (vi) any exchange, release or
      non-perfection of any collateral, or any release or amendment or waiver
      of or consent to departure from any guarantee, for all or any of the obligations
    of any Borrower in respect of the L/C Related Documents; or 
	 	 
	 	      (vii) any other circumstance
      or happening 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 such Borrower's obligations hereunder. 
	 	 
	 	      (d) Swing
        Line Advances. (i) Each Borrower shall
        repay to the Swing Line Agent for the ratable account of the Swing Line
    Banks on the last day of the applicable Interest Period, the unpaid principal
    amount of any Swing Line Advance then outstanding.
	 
	 	      (ii) In the event that a Borrower
      does not repay a Swing Line Advance made to it in full on the last day
      of its Interest Period, on the Business Day immediately following such
      day, that Borrower shall be deemed to have served a Notice of Revolving
      Credit Borrowing for a Revolving Credit Borrowing to be made on the third
      Business Day thereafter in the amount (including accrued interest) and
      currency of such Swing Line Advance and with an Interest Period of one
      month and such Revolving Credit Advance shall be made on the third Business
      Day in accordance with Section 2.02(a) (without regard to the minimum amount
      thereof) and the proceeds thereof applied in repayment of such Swing Line
      Advance. Notwithstanding anything contained herein to the contrary, for
      the time period from the day immediately following the end of the Interest
      Period for any such Swing Line Advance that is not repaid on the last day
    of its Interest Period until and

34

	 	including the third Business Day thereafter,
        Section 2.08(b) shall apply to the unpaid principal amount of any such
    Swing Line Advance. 
	 	 
	 	      (iii) Section 3.03 shall
        not apply to any Revolving Credit Advance to which this Section 2.07(d)
    refers.
	 	 
	 	      (iv) In the circumstances
        set out in paragraph (ii) above, to the extent that it is not possible
        to make a Revolving Credit Advance due to the insolvency of a Borrower,
        the Lenders will indemnify (pro-rata according to their Revolving Credit
        Commitments) the Swing Line Banks for any loss that they incur as a result
    of the relevant Swing Line Borrowing.

               SECTION
2.08.  Interest on Revolving Credit Advances and
Swing Line Advances. (a) Scheduled
 Interest. (i) Each Borrower shall pay interest
 on the unpaid principal amount of each Revolving Credit Advance owing by such
 Borrower to each Lender from the date of such Revolving Credit Advance, until
 such principal amount shall be paid in full, at the following rates per annum: 

	 	      (A) Base
            Rate Advances. During such periods
            as such Revolving Credit Advance is a Base Rate Advance, a rate per
            annum equal at all times to the sum of (x) the Base Rate in effect
            from time to time plus (y)
            the Applicable Margin in effect from time to time plus (z)
            the Applicable Utilization Fee, if any, in effect from time to time,
            payable in arrears quarterly on the last day of each March, June,
            September and December during such periods and on the date such Base
            Rate Advance shall be Converted or paid in full. 

             (B) Eurocurrency
            Rate Advances. During such periods
            as such Revolving Credit Advance is a Eurocurrency Rate Advance,
            a rate per annum equal at all times during each Interest Period for
            such Revolving Credit Advance to the sum of (x) the Eurocurrency
            Rate for such Interest Period for such Revolving Credit Advance plus (y)
            the Applicable Margin in effect from time to time plus (z)
            the Applicable Utilization Fee, if any, in effect from time to time,
            payable in arrears on the last day of such Interest Period and, if
            such Interest Period has a duration of more than three months, on
            each day that occurs during such Interest Period every three months
            from the first day of such Interest Period and on the date such Eurocurrency
    Rate Advance shall be Converted or paid in full. 

               (ii) Each Borrower shall pay interest on the unpaid principal amount of each Swing Line Advance owing by such Borrower to each Swing Line Bank from the date of such Swing Line Advance until such
principal amount shall be paid in full, at the following rates per annum: 

	 	        (A) Euro
          Swing Line Advances. For each Euro Swing
          Line Advance, a rate per annum equal at all times during the Interest
          Period for such Euro Swing Line Advance to the sum of (x) the rate
          per annum determined by the Swing Line Agent to be the arithmetic mean
          (rounded upwards to the nearest whole multiple of 1/16 of 1% per annum,
          if such arithmetic mean is not such a multiple) of the rates at which
          deposits in Euro are offered by the principal office of each of the
          Reference Banks to prime banks in the European interbank market at
          11:00 A.M. (Brussels time) on the date of such Euro Swing Line Advance
    for an amount substantially equal to the amount that would be the Reference
	 	 

 

35

	 	Banks' respective ratable shares of such
        Borrowing outstanding during such Interest Period and for a period equal
        to such Interest Period; provided that
        if only one Reference Bank is able to provide the rates as described
        above, each Swing Line Bank shall supply the Swing Line Agent with its
        rate for same day funding in Euro to prime banks in the European interbank
        market at 11:00 A.M. (Brussels time) on the date of such Euro Swing Line
        Advance for an amount substantially equal to the amount equal to such
        Swing Line Bank's ratable share of such Borrowing outstanding during
        such Interest Period and for a period equal to such Interest Period and
        such rate shall be payable to such Swing Line Bank plus (y)
        the Applicable Margin plus (z)
        Mandatory Cost, if any, payable in arrears on the last day of such Interest
    Period.
	 	 
	 	     (B) Dollar
          Swing Line Advances. For each Dollar
          Swing Line Advance, a rate per annum equal at all times during the
          Interest Period for such Dollar Swing Line Advance to the sum of (x)
          the rate per annum determined by the Swing Line Agent to be the arithmetic
          mean (rounded upwards to the nearest whole multiple of 1/16 of 1% per
          annum, if such arithmetic mean is not such a multiple) of the rates
          at which deposits in Dollars are offered by the principal office of
          each of the Reference Banks to prime banks in the London interbank
          market at 11:00 A.M. (London time) on the date of such Dollar Swing
          Line Advance for an amount substantially equal to the amount that would
          be the Reference Banks' respective ratable shares of such Borrowing
          outstanding during such Interest Period and for a period equal to such
          Interest Period; provided that
          if only one Reference Bank is able to provide the rates as described
          above, each Swing Line Bank shall supply the Swing Line Agent with
          its rate for same day funding in Dollars to prime banks in the London
          interbank market at 11:00 A.M. (London time) on the date of such Dollar
          Swing Line Advance for an amount substantially equal to the amount
          equal to such Swing Line Bank's ratable share of such Borrowing outstanding
          during such Interest Period and for a period equal to such Interest
          Period and such rate shall be payable to such Swing Line Bank plus (y)
          the Applicable Margin plus (z)
          Mandatory Cost, if any, payable in arrears on the last day of such
    Interest Period.

               (b) Default Interest. Upon the occurrence and during the continuance of an Event of Default under Section 6.01(a), each Borrower shall pay
interest on (i) the unpaid principal amount of each Revolving Credit Advance owing by such Borrower to each Lender, payable in arrears on the dates referred to in clause (a) above, at a rate per annum equal at all times to 1% per annum above the
rate per annum required to be paid on such Revolving Credit Advance pursuant to clause (a) above and (ii) to the fullest extent permitted by law, the amount of any interest, fee or other amount payable hereunder by such Borrower that is not paid
when due, from the date such amount shall be due until such amount shall be paid in full, payable in arrears on the date such amount shall be paid in full and on demand, at a rate per annum equal at all times to 1% per annum above the rate per annum
required to be paid on such Revolving Credit Advance pursuant to clause (a) above. 

               SECTION 2.09. Interest Rate Determination. (a) Each Reference Bank agrees to furnish to the Agent timely information for the purpose of
determining each Eurocurrency Rate and each LIBO Rate if the Reuters Page is unavailable. If any one or more of the Reference Banks shall not furnish such timely information to the Agent for the purpose of determining any such interest rate, the
Agent shall determine such interest rate on the basis of timely information

36

furnished by the remaining Reference Banks. The Agent shall give prompt notice to the Company and the Lenders of the applicable interest rate determined by the Agent for purposes of Section 2.08(a)(i) or (ii), and the rate, if
any, furnished by each Reference Bank for the purpose of determining the interest rate under Section 2.08(a)(ii) . 

               (b) If, with respect to any Eurocurrency Rate Advances, the Majority Lenders notify the Agent that (i) they are unable to obtain matching deposits in the London interbank market at or about 11:00 A.M.
(London time) on the second Business Day before the making of a Borrowing in sufficient amounts to fund their respective Revolving Credit Advances as part of such Borrowing during its Interest Period or (ii) the Eurocurrency Rate for any Interest
Period for such Advances will not adequately reflect the cost to such Majority Lenders of making, funding or maintaining their respective Eurocurrency Rate Advances for such Interest Period, the Agent shall forthwith so notify each Borrower and the
Lenders, whereupon (A) such Borrower will, on the last day of the then existing Interest Period therefor, (1) if such Eurocurrency Rate Advances are denominated in Dollars, either (x) prepay such Advances or (y) Convert such Advances into Base Rate
Advances and (2) if such Eurocurrency Rate Advances are denominated in any Major Currency, either (x) prepay such Advances or (y) exchange such Advances into an Equivalent amount of Dollars and Convert such Advances into Base Rate Advances, and (B)
the obligation of the Lenders to make Eurocurrency Rate Advances in the same currency as such Eurocurrency Rate Advances shall be suspended until the Agent shall notify each Borrower and the Lenders that the circumstances causing such suspension no
longer exist. 

               (c) If any Borrower, in requesting a Revolving Credit Borrowing comprised of Eurocurrency Rate Advances, shall fail to select the duration of the Interest Period for such Eurocurrency Rate Advances in
accordance with the provisions contained in the definition of "Interest Period" in Section 1.01, the Agent will forthwith so notify such Borrower and the Lenders and such Advances will (to the extent such Eurocurrency Rate Advances remain
outstanding on such day) automatically, on the last day of the then existing Interest Period therefor, (i) if such Eurocurrency Rate Advances are denominated in Dollars, Convert into Base Rate Advances and (ii) if such Eurocurrency Rate Advances are
denominated in any Major Currency, be exchanged into an Equivalent amount of Dollars and be Converted into Base Rate Advances. 

               (d) Upon the occurrence and during the continuance of any Event of Default under Section 6.01(a), (i) each Eurocurrency Rate Advance will (to the extent such Eurocurrency Rate Advance remains
outstanding on such day) automatically, on the last day of the then existing Interest Period therefor, (A) if such Eurocurrency Rate Advance is denominated in Dollars, be Converted into a Base Rate Advance and (B) if such Eurocurrency Rate Advance
is denominated in any Major Currency, be exchanged into an Equivalent amount of Dollars and Converted into a Base Rate Advance and (ii) the obligation of the Lenders to make Eurocurrency Rate Advances shall be suspended. 

               (e) If the Reuters Page is unavailable and fewer than two Reference Banks furnish timely information to the Agent for determining the Eurocurrency Rate or LIBO Rate for any Eurocurrency Rate Advances
or LIBO Rate Advances, as the case may be, 

37

	 	     (i)
          the Agent shall forthwith notify the relevant Borrower and the Lenders
          that the interest rate cannot be determined for such Eurocurrency Rate
          Advances or LIBO Rate Advances, as the case may be, 

            (ii)
          with respect to Eurocurrency Rate Advances, each such Advance will
          (to the extent such Eurocurrency Rate Advance remains outstanding on
          such day) automatically, on the last day of the then existing Interest
          Period therefor, (A) if such Eurocurrency Rate Advance is denominated
          in Dollars, be prepaid by the applicable Borrower or be automatically
          Converted into a Base Rate Advance and (B) if such Eurocurrency Rate
          Advance is denominated in any Major Currency, be prepaid by the applicable
          Borrower or be automatically exchanged into an Equivalent amount of
          Dollars and Converted into a Base Rate Advance (or if such Advance
          is then a Base Rate Advance, will continue as a Base Rate Advance),
          and 

            (iii)
          the obligation of the Lenders to make Eurocurrency Rate Advances or
          LIBO Rate Advances shall be suspended until the Agent shall notify
          the Borrowers and the Lenders that the circumstances causing such suspension
    no longer exist. 

               SECTION 2.10.  Prepayments of Revolving Credit Advances and Swing Line Advances. (a) Optional
Prepayments. (i) Revolving Credit Advances. Each Borrower may, upon notice to the Agent stating the proposed date and aggregate principal amount of the
prepayment, given not later than 11:00 A.M. (New York City time) on the second Business Day prior to the date of such proposed prepayment, in the case of Eurocurrency Rate Advances, and not later than 11:00 A.M. (New York City time) on the day of
such proposed prepayment, in the case of Base Rate Advances, and, if such notice is given, such Borrower shall, prepay the outstanding principal amount of the Revolving Credit Advances comprising part of the same Revolving Credit Borrowing in whole
or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount not less than $10,000,000 or the Equivalent thereof in a Major Currency (determined on the date notice of prepayment is given) or an integral multiple of
$1,000,000 or the Equivalent thereof in a Major Currency (determined on the date notice of prepayment is given) in excess thereof and (y) in the event of any such prepayment of a Eurocurrency Rate Advance other than on the last day of the
Interest Period therefor, such Borrower shall be obligated to reimburse the Lenders in respect thereof pursuant to Section 9.04(c) .  Each notice of prepayment by a Designated Subsidiary shall be given to the Agent through the Company. 

               (ii) Swing Line Advances. Each Borrower may, upon notice to the Swing Line Agent by 9:00 A.M. (London time) on the date of the prepayment
stating the aggregate principal amount of the prepayment, and, if such notice is given such Borrower shall, prepay the outstanding principal amount of the Swing Line Advances comprising part of the same Swing Line Borrowing in whole or ratably in
part; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount of no less than €1,000,000
or $1,000,000, as the case may be and (y) in the event of any such prepayment of a Swing Line Advance other than on the maturity date therefor, such Borrower shall be obligated to reimburse the Lenders in respect thereof pursuant to Section
9.04(c) . 

38

               (b) Mandatory Prepayments. (i) If, on any date, the sum of (A) the aggregate principal amount of all Advances denominated in Dollars then
outstanding plus (B) the Equivalent in Dollars (determined on the third Business Day prior to such date) of the aggregate principal amount of all Advances denominated in Foreign Currencies then outstanding plus (C) the aggregate Available Amount of
all Letters of Credit denominated in Dollars then outstanding plus (D) the Equivalent in Dollars (determined on the third Business Day prior to such date) of the aggregate Available Amount of all Letters of Credit denominated in Major Currencies
then outstanding exceeds 103% of the aggregate Commitments of the Lenders on such date, the Company and each other Borrower, if any, shall thereupon promptly prepay the outstanding principal amount of any Advances owing by such Borrower in an
aggregate amount (or deposit an amount in the L/C Cash Deposit Account) sufficient to reduce such sum (calculated on the basis of the Available Amount of Letters of Credit being reduced by the amount in the L/C Cash Deposit Account) to an amount not
to exceed 100% of the aggregate Commitments of the Lenders on such date, together with any interest accrued to the date of such prepayment on the principal amounts prepaid and, in the case of any prepayment of a Eurocurrency Rate Advance, a LIBO
Rate Advance or a Local Rate Advance on a date other than the last day of an Interest Period or at its maturity, any additional amounts which such Borrower shall be obligated to reimburse to the Lenders in respect thereof pursuant to Section 9.04(c)
.. The Agent shall give prompt notice of any prepayment required under this Section 2.10(b)(i) to the Borrowers and the Lenders. 

               (ii) If, on any date, the sum of (A) the Equivalent in Dollars of the aggregate principal amount of all Eurocurrency Rate Advances denominated in Major Currencies then outstanding plus (B) the
Equivalent in Dollars of the aggregate principal amount of all Competitive Bid Advances denominated in Foreign Currencies then outstanding plus (C) the Equivalent in Dollars of the aggregate Available Amount of all Letters of Credit denominated in
Major Currencies then outstanding (in each case, determined on the third Business Day prior to such date), shall exceed 110% of $500,000,000, the Company and each other Borrower shall prepay the outstanding principal amount of any such
Eurocurrency Rate Advances or any such LIBO Rate Advances owing by such Borrower, on the last day of the Interest Periods relating to such Advances, in an aggregate amount (or deposit an amount in the L/C Cash Deposit Account) sufficient to reduce
such sum (calculated on the basis of the Available Amount of Letters of Credit being reduced by the amount in the L/C Cash Deposit Account) to an amount not to exceed $500,000,000, together with any interest accrued to the date of such
prepayment on the principal amounts prepaid.  The Agent shall give prompt notice of any prepayment required under this Section 2.10(b)(ii) to the Borrowers and the Lenders. Prepayments under this Section 2.10(b)(ii) shall be allocated first to Swing
Line Advances, ratably among the Swing Line Banks; and any excess amount shall then be allocated to Revolving Credit Advances comprising part of the same Revolving Credit Borrowing selected by the applicable Borrower, ratably among the Lenders.

               SECTION 2.11. Increased Costs. (a) If, due to either (i) the introduction of or any change in or in the interpretation of any law or
regulation or (ii) the compliance with any guideline or request from any central bank or other governmental authority including, without limitation, any agency of the European Union or similar monetary or multinational authority (whether or not
having the force of law), there shall be any increase in the cost to any Lender of agreeing to make or making, funding or maintaining Eurocurrency Rate Advances or LIBO Rate Advances or agreeing to issue or of issuing or maintaining or participating
in Letters of Credit (excluding for purposes of this Section 2.11 any such increased costs resulting from (i) Taxes or Other Taxes (as

39

to which Section 2.14 shall govern) and (ii) changes in the basis of taxation of overall net income or overall gross income by the United States or by the foreign jurisdiction or state under the laws of which such Lender is
organized or has its Applicable Lending Office or any political subdivision thereof), then the Borrower of such Advances shall from time to time, upon demand by such Lender (with a copy of such demand to the Agent), pay to the Agent for the account
of such Lender additional amounts sufficient to compensate such Lender for such increased cost. A certificate as to the amount of such increased cost, submitted to such Borrower and the Agent by such Lender, shall be conclusive and binding for all
purposes, absent manifest error. 

               (b) If any Lender determines that compliance with any law or regulation or any guideline or request from any central bank or other governmental authority including, without limitation, any agency of
the European Union or similar monetary or multinational authority (whether or not having the force of law) affects or would affect the amount of capital required or expected to be maintained by such Lender or any corporation controlling such Lender
and that the amount of such capital is increased by or based upon the existence of such Lender's commitment to lend or to issue or participate in Letters of Credit hereunder and other commitments of this type or the issuance of or participation in
the Letters of Credit (or similar contingent obligations) hereunder, then, upon demand by such Lender (with a copy of such demand to the Agent), the Company shall pay to the Agent for the account of such Lender, from time to time as specified by
such Lender, additional amounts sufficient to compensate such Lender or such corporation in the light of such circumstances, to the extent that such Lender reasonably determines such increase in capital to be allocable to the existence of such
Lender's commitment to lend hereunder.  A certificate as to such amounts submitted to the Company and the Agent by such Lender shall be conclusive and binding for all purposes, absent manifest error. 

               (c) Any Lender claiming any additional amounts payable pursuant to this Section 2.11 shall, upon the written request of the Company delivered to such Lender and the Agent, assign, pursuant to and in
accordance with the provisions of Section 9.06, all of its rights and obligations under this Agreement and under the Notes to an Eligible Assignee selected by the Company; provided,
however, that (i) no Default shall have occurred and be continuing at the time of such request and at the time of such assignment; (ii) the assignee shall have paid to the assigning Lender
the aggregate principal amount of, and any interest accrued and unpaid to the date of such assignment on, the Note or Notes of such Lender; (iii) the Company shall have paid to the assigning Lender any and all facility fees and other fees payable to
such Lender and all other accrued and unpaid amounts owing to such Lender under any provision of this Agreement (including, but not limited to, any increased costs or other additional amounts owing under this Section 2.11 and Section 9.04(c), and
any indemnification for Taxes under Section 2.14) as of the effective date of such assignment and (iv) if the assignee selected by the Company is not an existing Lender, such assignee or the Company shall have paid the processing and recordation fee
required under Section 9.06(a) for such assignment; provided further that the assigning Lender's rights under Sections 2.11, 2.14
and 9.04, and its obligations under Section 8.05, shall survive such assignment as to matters occurring prior to the date of assignment. 

               (d) Failure or delay on the part of any Lender to demand compensation pursuant to this Section shall not constitute a waiver of such Lender's right to demand such compensation; provided that the Company shall not be required to compensate a Lender pursuant to this Section for any increased costs or reductions incurred more than 90 days prior to the date

40

that such Lender notifies the Company of the change or circumstance giving rise to such increased costs or reductions and of such Lender's intention to claim compensation therefor; provided further that, if the change or circumstance giving rise to such increased costs or reductions is retroactive, then the 90 day period
referred to above shall be extended to include the period of retroactive effect thereof. 

               SECTION 2.12.  Illegality.  Notwithstanding any other provision of this Agreement, if any Lender shall notify the Agent that the introduction
of or any change in or in the interpretation of any law or regulation makes it unlawful, or any central bank or other governmental authority asserts that it is unlawful, for any Lender or its Eurocurrency Lending Office to perform its obligations
hereunder to make Eurocurrency Rate Advances in Dollars or any Major Currency, LIBO Rate Advances in Dollars or in any Foreign Currency or Swing Line Advances in Euros or to fund or maintain Eurocurrency Rate Advances in Dollars or in any Major
Currency, LIBO Rate Advances in Dollars or in any Foreign Currency or Swing Line Advances in Euros hereunder, (a) each such Eurocurrency Rate Advance, such LIBO Rate Advance or Swing Line Advance, as the case may be, will automatically, upon such
demand, (i) if such Eurocurrency Rate Advance or LIBO Rate Advance is denominated in Dollars, be Converted into a Base Rate Advance or an Advance that bears interest at the rate set forth in Section 2.08(a)(i), as the case may be, and (ii) if such
Eurocurrency Rate Advance, LIBO Rate Advance or Swing Line Advance is denominated in any Foreign Currency, be exchanged into an Equivalent amount of Dollars and Converted into a Base Rate Advance or an Advance that bears interest at the rate set
forth in Section 2.08(a)(i), as the case may be, and (b) the obligation of the Lenders to make such Eurocurrency Rate Advances, such LIBO Rate Advances or such Swing Line Advances shall be suspended until the Agent shall notify the Company and the
Lenders that the circumstances causing such suspension no longer exist. 

               SECTION 2.13. Payments and Computations. (a) Each Borrower shall make each payment hereunder and under any Notes, except with respect to
principal of, interest on, and other amounts relating to, Advances denominated in a Foreign Currency, not later than 11:00 A.M. (New York City time) on the day when due in Dollars to the Agent at the applicable Agent's Account in same day funds
without set-off, counterclaim or deduction of any kind. Each Borrower shall make each payment hereunder and under any Notes with respect to principal of, interest on, and other amounts relating to Advances denominated in a Foreign Currency not later
than 12:00 Noon (at the Payment Office for such Foreign Currency) on the day when due in such Foreign Currency to the Agent in same day funds by deposit of such funds to the applicable Agent's Account without set-off, counterclaim or deduction of
any kind.  The Agent will promptly thereafter cause to be distributed like funds relating to the payment of principal, interest, facility fees or Letter of Credit fees ratably (other than amounts payable pursuant to Section 2.03, 2.04(c),
2.05(b)(ii), 2.06(b), 2.06(c), 2.11, 2.14 or 9.04(c)) to the Lenders for the account of their respective Applicable Lending Offices, and like funds relating to the payment of any other amount payable to any Lender to such Lender for the account of
its Applicable Lending Office, in each case to be applied in accordance with the terms of this Agreement. Upon any Assuming Lender becoming a Lender hereunder as a result of a Commitment Increase pursuant to Section 2.18 or an extension of the
Termination Date pursuant to Section 2.19, and upon the Agent's receipt of such Lender's Assumption Agreement and recording of the information contained therein in the Register, from and after the applicable Increase Date or Extension Date, as the
case may be, the Agent shall make all payments hereunder and under any Notes issued in connection therewith in respect of the

41

interest assumed thereby to the Assuming Lender. Upon its acceptance of an Assignment and Acceptance and recording of the information contained therein in the Register pursuant to Section 9.06(c), from and after the effective date
specified in such Assignment and Acceptance, the Agent shall make all payments hereunder and under any Notes in respect of the interest assigned thereby to the Lender assignee thereunder, and the parties to such Assignment and Acceptance shall make
all appropriate adjustments in such payments for periods prior to such effective date directly between themselves. 

     (b) All computations of interest based on the Base Rate and of facility fees shall be made by the Agent on the basis of a year of 365 or 366 days, as the case may be, all computations of interest on
Swing Line Advances or based on the Eurocurrency Rate (including the Overnight Eurocurrency Rate) or the Federal Funds Rate and of Letter of Credit fees shall be made by the Agent on the basis of a year of 360 days and all computations in respect of
Competitive Bid Advances shall be made by the Agent or the Sub-Agent, as the case may be, as specified in the applicable Notice of Competitive Bid Borrowing (or, in each case of Advances denominated in Foreign Currencies where market practice
differs, in accordance with market practice), in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest, facility fees or Letter of Credit fees are payable. Each
determination by the Agent of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error. 

     (c) Whenever any payment hereunder or under the Notes shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension
of time shall in such case be included in the computation of payment of interest, facility fee or Letter of Credit fee, as the case may be; provided, however, that, if such extension would cause payment of interest on or principal of Eurocurrency Rate Advances or LIBO Rate Advances to be made in the next following calendar month, such payment shall be
made on the next preceding Business Day. 

     (d) Unless the Agent shall have received notice from any Borrower prior to the date on which any payment is due to the Lenders hereunder that such Borrower will not make such payment in full, the
Agent may assume that such Borrower has made such payment in full to the Agent on such date and the Agent may, in reliance upon such assumption, cause to be distributed to each Lender on such due date an amount equal to the amount then due such
Lender. If and to the extent such Borrower shall not have so made such payment in full to the Agent, each Lender shall repay to the Agent forthwith on demand such amount distributed to such Lender together with interest thereon, for each day from
the date such amount is distributed to such Lender until the date such Lender repays such amount to the Agent, at (i) the Federal Funds Rate in the case of Advances denominated in Dollars or (ii) the cost of funds incurred by the Agent in respect of
such amount in the case of Advances denominated in Foreign Currencies. 

     SECTION 2.14. Taxes. (a) Any and all payments by or on behalf of any Borrower (including the Company in its capacity as a guarantor under
Article VII hereof) hereunder or under the Notes shall be made, in accordance with Section 2.13, free and clear of and without deduction for any and all present or future taxes, levies, imposts, deductions, charges or withholdings, and all
liabilities with respect thereto, excluding, in the case of each Lender and the Agent, net income taxes imposed by the United States or any State thereof and taxes imposed on its overall
net

42

income, and franchise taxes imposed on it in lieu of net income taxes, by the jurisdiction under the laws of which such Lender or the Agent (as the case may be) is organized or any political subdivision thereof and, in the case of
each Lender, taxes imposed on its overall net income, and franchise taxes imposed on it in lieu of net income taxes, by the jurisdiction of such Lender's Applicable Lending Office or any political subdivision thereof (all such non-excluded taxes,
levies, imposts, deductions, charges, withholdings and liabilities in respect of payments hereunder or under the Notes being hereinafter referred to as "Taxes").  If any Borrower (including
the Company in its capacity as a guarantor under Article VII hereof) shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder or under any Note to any Lender or the Agent, (i) the sum payable shall be increased as
may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.14) such Lender or the Agent (as the case may be) receives an amount equal to the sum it would have
received had no such deductions been made, (ii) such Borrower shall make such deductions and (iii) such Borrower shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law. 

     (b) In addition, each Borrower agrees to pay any present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies that arise from any payment made
hereunder or under the Notes or from the execution, delivery or registration of, performing under, or otherwise with respect to, this Agreement or the Notes (hereinafter referred to as "Other Taxes"). 

     (c) Each Borrower shall indemnify each Lender and the Agent for the full amount of Taxes or Other Taxes (including, without limitation, any taxes imposed by any jurisdiction on amounts payable under
this Section 2.14) imposed on or paid by such Lender or the Agent (as the case may be) and any liability (including penalties, interest and expenses) arising therefrom or with respect thereto; provided, however, that a Borrower shall not be obligated to pay any amounts in respect of penalties, interest or expenses pursuant to this paragraph that are payable solely as a result
of (i) the failure on the part of the pertinent Lender or the Agent to pay over those amounts received from the Borrowers under this clause (c) or (ii) the gross negligence or willful misconduct on the part of the pertinent Lender or the Agent. This
indemnification shall be made within 30 days from the date such Lender or the Agent (as the case may be) makes written demand therefor. Each Lender agrees to provide reasonably prompt notice to the Agent, the Company and any Borrower of any
imposition of Taxes or Other Taxes against such Lender; provided that failure to give such notice shall not affect such Lender's rights to indemnification hereunder. Each Lender agrees that
it will, promptly upon a request by the Company or a Borrower having made an indemnification payment hereunder, furnish to the Company or such Borrower, as the case may be, such evidence as is reasonably available to such Lender as to the payment of
the relevant Taxes or Other Taxes, and that it will, if requested by the Company or such Borrower, cooperate with the Company or such Borrower, as the case may be, in its efforts to obtain a refund or similar relief in respect of such payment.

     (d) Within 30 days after the date of any payment of Taxes by a Borrower under subsection (a) above, each Borrower shall furnish to the Agent, at its address referred to in Section 9.02, the original
or a certified copy of a receipt evidencing payment thereof. In the case of any payment hereunder or under the Notes by or on behalf of any Borrower through an account or branch outside the United States or by or on behalf of any Borrower by a payor
that is not a

43

United States person, if such Borrower determines that no Taxes are payable in respect thereof, such Borrower shall furnish, or shall cause such payor to furnish, to the Agent, at such address, an opinion of counsel acceptable to
the Agent stating that such payment is exempt from Taxes. For purposes of this subsection (d) and subsection (e), the terms "United States" and "United States
person" shall have the meanings specified in Section 7701 of the Internal Revenue Code. 

     (e) Each Lender organized under the laws of a jurisdiction outside the United States, on or prior to the date of its execution and delivery of this Agreement in the case of each Initial Lender, on the
date of the Assumption Agreement or the Assignment  and Acceptance pursuant to which it becomes a Lender in the case of each other Lender and on the date it changes its Applicable Lending Office in the case of any Lender, and from time to time
thereafter as requested in writing by any Borrower (unless a change in law renders such Lender unable lawfully to do so), shall provide the Agent and each Borrower with two original Internal Revenue Service forms W-8ECI or W-8BEN, as appropriate, or
any successor or other form prescribed by the Internal Revenue Service, certifying that such Lender is exempt from or entitled to a reduced rate of United States withholding tax on payments pursuant to this Agreement or the Notes.  In addition, each
Lender further agrees to provide any Borrower with any form or document as any Borrower may reasonably request which is required by any taxing authority outside the United States in order to secure an exemption from, or reduction in the rate of,
withholding tax in such jurisdiction, if available to such Lender. If the forms provided by a Lender at the time such Lender first becomes a party to this Agreement or changes its Applicable Lending Office indicate a United States interest
withholding tax rate in excess of zero, withholding tax at such rate shall be considered excluded from Taxes unless and until such Lender provides the appropriate forms certifying that a lesser rate applies, whereupon withholding tax at such lesser
rate only shall be considered excluded from Taxes for periods governed by such form; provided, however, that, in the case of a
Lender that initially becomes a party to this Agreement pursuant to an assignment in accordance with Section 9.06 or a Lender that undertakes a change in its Applicable Lending Office, the term Taxes shall include (in addition to withholding taxes
that may be imposed in the future or other amounts otherwise includable in Taxes) United States withholding tax, if any, applicable on the date of such assignment or change with respect to the assignee Lender or Lender after the change in Applicable
Lending Office, but only to the extent of United States withholding tax included in Taxes, if any, applicable on the date of such assignment or change with respect to the assignor Lender or Lender prior to such change in Applicable Lending Office.
If any form or document referred to in this subsection (e) requires the disclosure of information, other than information necessary to compute the tax payable and information required on the date hereof by Internal Revenue Service form W-8ECI or
W-8BEN, that a Lender reasonably considers to be confidential, such Lender shall give notice thereof to each Borrower and shall not be obligated to include in such form or document such confidential information. 

     (f) For any period with respect to which a Lender has failed to provide each Borrower with the appropriate form described in Section 2.14(e) (other than if such failure is due to a change in law occurring subsequent to the date on which a form originally was required to be provided), such Lender shall not be entitled to
indemnification under Section 2.14(a) or (c) with respect to Taxes imposed by the United States by reason of such failure; provided, however, that should a Lender become subject to Taxes because of its failure to deliver a form required hereunder, each Borrower shall take such steps as such Lender shall reasonably request to assist such Lender to recover such Taxes.

44

     (g) If any Borrower is required to pay any additional amount to any Lender or to the Agent or on behalf of any of them to any taxing authority pursuant to this Section 2.14, such Lender shall, upon
the written request of the Company delivered to such Lender and the Agent, assign, pursuant to and in accordance with the provisions of Section 9.06, all of its rights and obligations under this Agreement and under the Notes to an Eligible Assignee
selected by the Company; provided, however, that (i) no Default shall have occurred and be continuing at the time of such request
and at the time of such assignment; (ii) the assignee shall have paid to the assigning Lender the aggregate principal amount of, and any interest accrued and unpaid to the date of such assignment on, the Note or Notes of such Lender; (iii) the
Company shall have paid to the assigning Lender any and all facility fees and other fees payable to such Lender and all other accrued and unpaid amounts owing to such Lender under any provision of this Agreement (including, but not limited to, any
increased costs or other additional amounts owing under Section 2.11, any break funding costs under Section 9.04(c) and any indemnification for Taxes under this Section 2.14) as of the effective date of such assignment; and (iv) if the assignee
selected by the Company is not an existing Lender, such assignee or the Company shall have paid the processing and recordation fee required under Section 9.06(a) for such assignment; provided further that the assigning Lender's rights under Sections 2.11, 2.14 and 9.04, and its obligations under Section 8.05, shall survive such assignment as to matters occurring
prior to the date of assignment. 

     SECTION 2.15. Sharing of Payments, Etc. If any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any
right of setoff, if any, or otherwise) on account of the Revolving Credit Advances or Swing Line Advances owing to it (other than pursuant to Section 2.03, 2.04(c), 2.06(b), 2.06(c), 2.11, 2.14 or 9.04(c)) in excess of its Ratable Share of payments
on account of the Revolving Credit Advances or Swing Line Advances obtained by all the Lenders, such Lender shall forthwith purchase from the other Lenders such participations in the Revolving Credit Advances or Swing Line Advances owing to them as
shall be necessary to cause such purchasing Lender to share the excess payment ratably with each of them; provided, however, that
if all or any portion of such excess payment is thereafter recovered from such purchasing Lender, such purchase from each Lender shall be rescinded and such Lender shall repay to the purchasing Lender the purchase price to the extent of such
recovery together with an amount equal to such Lender's ratable share (according to the proportion of (i) the amount of such Lender's required repayment to (ii) the total amount so recovered from the purchasing Lender) of any interest or other
amount paid or payable by the purchasing Lender in respect of the total amount so recovered. Each Borrower agrees that any Lender so purchasing a participation from another Lender pursuant to this Section 2.15 may, to the fullest extent permitted by
law, exercise all its rights of payment (including the right of setoff, if any) with respect to such participation as fully as if such Lender were the direct creditor of such Borrower in the amount of such participation. 

     SECTION 2.16. Use of Proceeds. The proceeds of the Advances shall be available (and each Borrower agrees that it shall use such proceeds) for
general corporate purposes of such Borrower and its Subsidiaries, including, without limitation, backstop of commercial paper. 

     SECTION 2.17. Evidence of Debt. (a) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the
indebtedness of each Borrower to such Lender resulting from each Revolving Credit Advance owing to such Lender from time to time, including the amounts of principal and interest payable and paid to such Lender from time to

45

time hereunder in respect of Revolving Credit Advances. Each Borrower agrees that upon request of any Lender to such Borrower (with a copy of such notice to the Agent) that such Lender receive a Revolving Credit Note to evidence
(whether for purposes of pledge, enforcement or otherwise) the Revolving Credit Advances owing to, or to be made by, such Lender, such Borrower shall promptly execute and deliver to such Lender a Revolving Credit Note payable to the order of such
Lender in a principal amount up to the Revolving Credit Commitment of such Lender. 

     (b) The Register maintained by the Agent pursuant to Section 9.06(d) shall include a control account, and a subsidiary account for each Lender, in which accounts (taken together) shall be recorded (i)
the date and amount of each Borrowing made hereunder, the Type of Advances comprising such Borrowing and, if appropriate, the Interest Period applicable thereto, (ii) the terms of each Assumption Agreement and each Assignment Acceptance delivered to
and accepted by it, (iii) the amount of any principal or interest due and payable or to become due and payable from each Borrower to each Lender hereunder and (iv) the amount of any sum received by the Agent from each Borrower hereunder and each
Lender's share thereof. 

     (c) Entries made in good faith by the Agent in the Register pursuant to subsection (b) above, and by each Lender in its account or accounts pursuant to subsection (a) above, shall be prima facie evidence of the amount of principal and interest due and payable or to become due and payable from the Borrowers to, in the case of the
Register, each Lender and, in the case of such account or accounts, such Lender, under this Agreement, absent manifest error; provided, however, that the failure of the Agent or such Lender to make an entry, or any finding that an entry is incorrect, in the Register or such account or accounts shall not limit or otherwise affect the obligations of any Borrower under this
Agreement. 

     SECTION 2.18. Increase in the Aggregate Revolving Credit Commitments. (a) The Company may, at any time but in any event not more than once in
any calendar year prior to the Termination Date, by notice to the Agent, request that the aggregate amount of the Revolving Credit Commitments be increased by an amount of $25,000,000 or an integral multiple thereof (each a "Commitment Increase") to be effective as of a date that is at least 90 days prior to the earliest scheduled Termination Date then in effect (the "Increase Date") as specified in the related notice to the Agent; provided, however that (i) in no event shall the aggregate amount
of the Revolving Credit Commitments at any time exceed $3,500,000,000 and (ii) on the date of any request by the Company for a Commitment Increase and on the related Increase Date the applicable conditions set forth in Section 3.03 shall be
satisfied. 

     (b) The Agent shall promptly notify the Lenders of a request by the Company for a Commitment Increase, which notice shall include (i) the proposed amount of such requested Commitment Increase, (ii)
the proposed Increase Date and (iii) the date by which Lenders wishing to participate in the Commitment Increase must commit to an increase in the amount of their respective Revolving Credit Commitments (the "Commitment
Date"). Each Lender that is willing to participate in such requested Commitment Increase (each an "Increasing Lender") shall, in its sole discretion, give
written notice to the Agent on or prior to the Commitment Date of the amount by which it is willing to increase its Revolving Credit Commitment. If the Lenders notify the Agent that they are willing to increase the amount of their respective
Revolving Credit Commitments by an aggregate amount that exceeds the amount of the requested Commitment

46

Increase, the requested Commitment Increase shall be allocated among the Lenders willing to participate therein in such amounts as are agreed between the Company and the Agent. 

     (c) Promptly following each Commitment Date, the Agent shall notify the Company as to the amount, if any, by which the Lenders are willing to participate in the requested Commitment Increase. If the
aggregate amount by which the Lenders are willing to participate in any requested Commitment Increase on any such Commitment Date is less than the requested Commitment Increase, then the Company may extend offers to one or more Eligible Assignees to
participate in any portion of the requested Commitment Increase that has not been committed to by the Lenders as of the applicable Commitment Date; provided, however, that the Revolving Credit Commitment of each such Eligible Assignee shall be in an amount of $25,000,000 or an integral multiple thereof. 

     (d) On each Increase Date, each Eligible Assignee that accepts an offer to participate in a requested Commitment Increase in accordance with Section 2.18(c) (each such Eligible Assignee and each
Eligible Assignee that agrees to an extension of the Termination Date in accordance with Section 2.19(c), an "Assuming Lender") shall become a Lender party to this Agreement as of such
Increase Date and the Revolving Credit Commitment of each Increasing Lender for such requested Commitment Increase shall be so increased by such amount (or by the amount allocated to such Lender pursuant to the last sentence of Section 2.18(b)) as
of such Increase Date; provided, however, that the Agent shall have received on or before such Increase Date the following, each
dated such date: 

	 	       (i)
        (A) certified copies of resolutions of the Board of Directors of the
        Company or the Executive Committee of such Board approving the Commitment
        Increase and the corresponding modifications to this Agreement and (B)
        an opinion of counsel for the Company (which may be in-house counsel),
    in substantially the form of Exhibit E hereto; 
	 	 
	 	      (ii)
        an assumption agreement from each Assuming Lender, if any, in form and
        substance satisfactory to the Company and the Agent (each an "Assumption
        Agreement"), duly executed by such Eligible
    Assignee, the Agent and the Company; and 
	 	 
	 	     (iii) confirmation
        from each Increasing Lender of the increase in the amount of its Revolving
    Credit Commitment in a writing satisfactory to the Company and the Agent.

On each Increase Date, upon fulfillment of the conditions set forth in the immediately preceding sentence of this Section 2.18(d), the Agent shall notify the Lenders (including, without limitation, each Assuming Lender) and the
Company, on or before 1:00 P.M. (New York City time), by telecopier, of the occurrence of the Commitment Increase to be effected on such Increase Date and shall record in the Register the relevant information with respect to each Increasing Lender
and each Assuming Lender on such date. Each Increasing Lender and each Assuming Lender shall, before 2:00 P.M. (New York City time) on the Increase Date, make available for the account of its Applicable Lending Office to the Agent at the Agent's
Account, in same day funds, in the case of such Assuming Lender, an amount equal to such Assuming Lender's ratable portion of the Revolving Credit Borrowings then outstanding (calculated based on its Revolving Credit Commitment as a percentage of
the aggregate Revolving Credit Commitments outstanding after giving effect to the relevant Commitment Increase) and, in the case of such Increasing Lender, an

47

amount equal to the excess of (i) such Increasing Lender's ratable portion of the Revolving Credit Borrowings then outstanding (calculated based on its Revolving Credit Commitment as a percentage of the aggregate Revolving Credit
Commitments outstanding after giving effect to the relevant Commitment Increase) over (ii) such Increasing Lender's ratable portion of the Revolving Credit Borrowings then outstanding (calculated based on its Revolving Credit Commitment (without
giving effect to the relevant Commitment Increase) as a percentage of the aggregate Revolving Credit Commitments (without giving effect to the relevant Commitment Increase). After the Agent's receipt of such funds from each such Increasing Lender
and each such Assuming Lender, the Agent will promptly thereafter cause to be distributed like funds to the other Lenders for the account of their respective Applicable Lending Offices in an amount to each other Lender such that the aggregate amount
of the outstanding Revolving Credit Advances owing to each Lender after giving effect to such distribution equals such Lender's ratable portion of the Revolving Credit Borrowings then outstanding (calculated based on its Revolving Credit Commitment
as a percentage of the aggregate Revolving Credit Commitments outstanding after giving effect to the relevant Commitment Increase). 

     SECTION 2.19. Extension of Termination Date. (a) At least 45 days but not more than 60 days prior to any anniversary of the Effective Date,
the Company, by written notice to the Agent, may request an extension of the Termination Date in effect at such time by one year from its then scheduled expiration. The Agent shall promptly notify each Lender of such request, and each Lender shall
in turn, in its sole discretion, not later than 20 days prior to such anniversary date, notify the Company and the Agent in writing as to whether such Lender will consent to such extension. If any Lender shall fail to notify the Agent and the
Company in writing of its consent to any such request for extension of the Termination Date at least 20 days prior to the applicable anniversary date, such Lender shall be deemed to be a Non-Consenting Lender with respect to such request. The Agent
shall notify the Company not later than 15 days prior to the applicable anniversary date of the decision of the Lenders regarding the Company's request for an extension of the Termination Date. 

     (b) If all the Lenders consent in writing to any such request in accordance with subsection (a) of this Section 2.19, the Termination Date in effect at such time shall, effective as at the applicable
anniversary date (the "Extension Date"), be extended for one year; provided that on each Extension Date the applicable conditions
set forth in Section 3.03 shall be satisfied. If fewer than all of the Lenders consent in writing to any such request in accordance with subsection (a) of this Section 2.19, the Termination Date in effect at such time shall, effective as at the
applicable Extension Date and subject to subsection (d) of this Section 2.19, be extended as to those Lenders that so consented (each a "Consenting Lender") but shall not be extended as to
any other Lender (each a "Non-Consenting Lender"). To the extent that the Termination Date is not extended as to any Lender pursuant to this Section 2.19 and the Commitment of such Lender is
not assumed in accordance with subsection (c) of this Section 2.19 on or prior to the applicable Extension Date, each Commitment of such Non-Consenting Lender shall automatically terminate in whole on such unextended Termination Date without any
further notice or other action by the Company, such Lender or any other Person; provided that such Non-Consenting Lender's rights under Sections 2.11, 2.14 and 9.04, and its obligations
under Section 8.05, shall survive the Termination Date for such Lender as to matters occurring prior to such date. It is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the Company for any
requested extension of the Termination Date. 

48

     (c) If fewer than all of the
Lenders consent to any such request pursuant to subsection (a) of this Section
2.19, the Agent shall promptly so notify the Consenting Lenders, and each Consenting
Lender  may, in its sole discretion, give written notice to the Agent not later
than 10 days prior to the Termination Date of the amount of the Non-Consenting
Lenders' Commitments for which it is willing to accept an assignment. If the
Consenting Lenders  notify the Agent that they are willing to accept assignments
of Commitments in an aggregate amount that exceeds the amount of the Commitments
of the Non-Consenting Lenders, such Commitments shall be allocated among the
Consenting Lenders willing to  accept such assignments in such amounts as are
agreed between the Company and the Agent. If after giving effect to the assignments
of Commitments described above there remain any Commitments of Non-Consenting
Lenders, the Company may arrange for  one or more Consenting Lenders or other
Eligible Assignees as Assuming Lenders to assume, effective as of the Extension
Date, any Non-Consenting Lender's Commitment and all of the obligations of such
Non-Consenting Lender under this Agreement  thereafter arising, without recourse
to or warranty by, or expense to, such Non-Consenting Lender; provided, however,
that the  amount of the Commitment of any such Assuming Lender as a result of
such substitution shall in no event be less than $25,000,000 unless the amount
of the Commitment of such Non-Consenting Lender is less than $25,000,000,
in which case such  Assuming Lender shall assume all of such lesser amount; and provided further that: 

	 	     (i) any such
        Consenting Lender or Assuming Lender shall have paid to such Non-Consenting
        Lender (A) the aggregate principal amount of, and any interest accrued
        and unpaid to the effective date of the assignment on, the outstanding
        Advances, if any, of such Non-Consenting Lender plus (B)
        any accrued but unpaid facility fees owing to such Non-Consenting Lender
    as of the effective date of such assignment; 
	 	 
	 	     (ii) all
        additional costs reimbursements, expense reimbursements and indemnities
        payable to such Non-Consenting Lender, and all other accrued and unpaid
        amounts owing to such Non-Consenting Lender hereunder, as of the effective
        date of such assignment shall have been paid to such Non-Consenting Lender;
    and
	 	 
	 	     (iii) with
        respect to any such Assuming Lender, the applicable processing and recordation
        fee required under Section 9.06(a) for such assignment shall have been
    paid; 

provided further that such Non-Consenting Lender's rights under Sections 2.11, 2.14 and 9.04, and its obligations under Section 8.05,
shall survive such substitution as to matters occurring prior to the date of substitution. At least three Business Days prior to any Extension Date, (A) each such Assuming Lender, if any, shall have delivered to the Company and the Agent an
Assumption Agreement, duly executed by such Assuming Lender, such Non-Consenting Lender, the Company and the Agent, (B) any such Consenting Lender shall have delivered confirmation in writing satisfactory to the Company and the Agent as to the
increase in the amount of its Commitment and (C) each Non-Consenting Lender being replaced pursuant to this Section 2.19 shall have delivered to the Agent any Note or Notes held by such Non-Consenting Lender. Upon the payment or prepayment of all
amounts referred to in clauses (i), (ii) and (iii) of the immediately preceding sentence, each such Consenting Lender or Assuming Lender, as of the Extension Date, will be substituted for such Non-Consenting Lender under this Agreement and shall be
a Lender for all purposes of this Agreement, without any further acknowledgment by or the consent of the other

49

Lenders, and the obligations of each such Non-Consenting Lender hereunder shall, by the provisions hereof, be released and discharged. 

          (d) If (after giving effect to any assignments or assumptions pursuant to subsection (c) of this Section 2.19) Lenders having Revolving Credit Commitments equal to at least 50% of the Revolving Credit
Commitments in effect immediately prior to the Extension Date consent in writing to a requested extension (whether by execution or delivery of an Assumption Agreement or otherwise) not later than one Business Day prior to such Extension Date, the
Agent shall so notify the Company, and, subject to the satisfaction of the applicable conditions in Section 3.03, the Termination Date then in effect shall be extended for the additional one-year period as described in subsection (a) of this Section
2.19, and all references in this Agreement, and in the Notes, if any, to the "Termination Date" shall, with respect to each Consenting Lender and each Assuming Lender for such Extension
Date, refer to the Termination Date as so extended. Promptly following each Extension Date, the Agent shall notify the Lenders (including, without limitation, each Assuming Lender) of the extension of the scheduled Termination Date in effect
immediately prior thereto and shall thereupon record in the Register the relevant information with respect to each such Consenting Lender and each such Assuming Lender. 

ARTICLE III

CONDITIONS TO EFFECTIVENESS AND LENDING

          SECTION 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and 2.03. Sections 2.01 and 2.03 of this Agreement shall become
effective on and as of the first date (the "Effective Date") on which the following conditions precedent have been satisfied: 

	 	     (a)  There
        shall have occurred no Material Adverse Change since December 31, 2006,
        except as otherwise publicly disclosed prior to the date hereof. 
	 	 
	 	     (b) There shall exist no action, suit,
        investigation, litigation or proceeding affecting the Company or any
        of its Subsidiaries pending or to the knowledge of the Company Threatened
        before any court, governmental agency or arbitrator that (i) is reasonably
        likely to have a Material Adverse Effect, except as disclosed in public
        filings prior to the date hereof or (ii) purports to affect the legality,
        validity or enforceability of this Agreement or any Note of the Company
        or the consummation of the transactions contemplated hereby, and there
        shall have been no adverse change in the status, or financial effect
        on the Company or any of its material Subsidiaries, of the matters disclosed
    in public filings prior to the date hereof. 
	 	 
	 	     (c)
        The Company shall have paid all accrued fees and expenses of the Agent
    and the Lenders in respect of this Agreement. 
	 	 
	 	     (d) On the Effective Date, the following
        statements shall be true and the Agent shall have received a certificate
        signed by a duly authorized officer of the Company, dated the Effective
    Date, stating that: 
	 	 
	 	 	     (i) The representations and warranties
        contained in Section 4.01 are correct on and as of the Effective Date,
    and 

50

	 	 	     (ii) No event
    has occurred and is continuing that constitutes a Default.

     (e) The Agent shall have received on or before the Effective Date the following, each dated such day, in form and substance satisfactory to the Agent: 

	 	 	     (i) The Revolving
        Credit Notes of the Company to the order of the Lenders to the extent
        requested by any Lender pursuant to Section 2.17. 
	 	 	 
	 	 	     (ii) Certified
    copies of the resolutions of the Board of Directors of the Company approving
    this Agreement and the Notes of the Company, and of all documents evidencing
    other necessary corporate action and governmental approvals, if any, with
    respect to this Agreement and such Notes.    
	 	 	 
	 	 	
            (iii)
          A certificate of the Secretary or an Assistant Secretary of the Company
          certifying the names and true signatures of the officers of the Company
          authorized to sign this Agreement and the Notes of the Company and
          the other documents to be delivered hereunder. 

   
	 	 	 
	 	 	     (iv) A favorable
        opinion of the General Counsel or an Assistant General Counsel of the
        Company, substantially in the form of Exhibit E hereto and as to such
    other matters as any Lender through the Agent may reasonably request. 
	 	 	 
	 	 	     (v) A favorable
        opinion of Shearman & Sterling LLP, counsel for the Agent, substantially
    in the form of Exhibit G hereto. 
	 	 	 
	 	 	     (vi) Such
        other approvals, opinions or documents as any Lender, through the Agent,
    may reasonably request. 

               SECTION 3.02. Initial Advance to Each Designated Subsidiary. The obligation of each Lender to make an initial Advance to each Designated
Subsidiary following any designation of such Designated Subsidiary as a Borrower hereunder pursuant to Section 9.07 is subject to the Agent's receipt on or before the date of such initial Advance of each of the following, in form and substance
satisfactory to the Agent and dated such date, and (except for the Revolving Credit Notes) in sufficient copies for each Lender: 

	 	     (a) The Revolving Credit
          Notes of such Borrower to the order of the Lenders to the extent requested
          by any Lender pursuant to Section 2.17. 

            (b) Certified
          copies of the resolutions of the Board of Directors of such Borrower
          (with a certified English translation if the original thereof is not
          in English) approving this Agreement and the Notes of such Borrower,
          and of all documents evidencing other necessary corporate action and
          governmental approvals, if any, with respect to this Agreement and
          such Notes. 

            (c) A
          certificate of the Secretary or an Assistant Secretary of such Borrower
          certifying the names and true signatures of the officers of such Borrower
          authorized to sign this Agreement and the Notes of such Borrower and
    the other documents to be delivered hereunder. 

51

	 	      (d)
          A certificate signed by a duly authorized officer of the Company or
          such Borrower, dated as of the date of such initial Advance, certifying
          that such Borrower shall have obtained all governmental and third party
          authorizations, consents, approvals (including exchange control approvals)
          and licenses required under applicable laws and regulations necessary
          for such Borrower to execute and deliver this Agreement and the Notes
          and to perform its obligations thereunder. 

              (e)
            The Designation Letter of such Designated Subsidiary, substantially
            in the form of Exhibit D hereto. 

              (f)
            A favorable opinion of counsel to such Designated Subsidiary, dated
            the date of such initial Advance, substantially in the form of Exhibit
            F hereto. 

              (g)
            Such other approvals, opinions or documents as any Lender, through
            the Agent, may reasonably request. 

               SECTION 3.03.  Conditions Precedent to Each Revolving Credit Borrowing, Swing Line Borrowing, Issuance, Commitment Increase and Extension Date. The obligation of each Lender to make an Advance (other than (x) an Advance made by any Issuing Bank or any Lender pursuant to Section 2.04(c) or (y) a Competitive Bid Advance), the obligation of the Issuing Bank to issue a Letter of
Credit, each Commitment Increase and each extension of Commitments pursuant to Section 2.19 shall be subject to the conditions precedent that the Effective Date shall have occurred and on the date of such Borrowing, issuance, Commitment Increase or
extension of Commitments, as the case may be, (a) the following statements shall be true (and each of the giving of the applicable Notice of Revolving Credit Borrowing, Notice of Swing Line Borrowing, Notice of Issuance, request for Commitment
Increase, request for Commitment extension and the acceptance by the Borrower requesting such Borrowing or issuance of the proceeds of such Borrowing or such issuance shall constitute a representation and warranty by such Borrower that on the date
of such Borrowing or issuance, such Increase Date or such Extension Date such statements are true): 

	 	     (i) the representations
        and warranties of the Company contained in Section 4.01 (except, in the
        case of a Borrowing or an issuance, the representations set forth in
        the last sentence of subsection (e) thereof and in subsections (f), (h)-(l)
        and (n) thereof) are correct on and as of the date of such Borrowing
        or issuance, before and after giving effect to such Borrowing or issuance,
        such Commitment Increase or such Extension Date and to the application
        of the proceeds therefrom, as though made on and as of such date, and
        additionally, if such Borrowing or issuance shall have been requested
        by a Designated Subsidiary, the representations and warranties of such
        Designated Subsidiary contained in its Designation Letter are correct
        on and as of the date of such Borrowing or issuance, before and after
        giving effect to such Borrowing or issuance and to the application of
    the proceeds therefrom, as though made on and as of such date, and 
	 	 
	 	     (ii) no event
        has occurred and is continuing, or would result from such Borrowing or
        issuance, such Commitment Increase or such Extension Date or from the
    application of the proceeds therefrom, that constitutes a Default; 

 

52

and (b) the Agent shall have received such other approvals, opinions or documents as any Lender through the Agent may reasonably request. 

               SECTION 3.04. Conditions Precedent to Each Competitive Bid Borrowing. The obligation of each Lender that is to make a Competitive Bid Advance
on the occasion of a Competitive Bid Borrowing to make such Competitive Bid Advance as part of such Competitive Bid Borrowing is subject to the conditions precedent that (i) the Agent shall have received the written confirmatory Notice of
Competitive Bid Borrowing with respect thereto, (ii) on or before the date of such Competitive Bid Borrowing, but prior to such Competitive Bid Borrowing, the Agent shall have received a Competitive Bid Note payable to the order of such Lender and
substantially in the form of Exhibit A-2 hereto for each of the one or more Competitive Bid Advances to be made by such Lender as part of such Competitive Bid Borrowing, in a principal amount equal to the principal amount of the Competitive Bid
Advance to be evidenced thereby and otherwise on such terms as were agreed to for such Competitive Bid Advance in accordance with Section 2.03, and (iii) on the date of such Competitive Bid Borrowing the following statements shall be true (and each
of the giving of the applicable Notice of Competitive Bid Borrowing and the acceptance by the Borrower requesting such Competitive Bid Borrowing of the proceeds of such Competitive Bid Borrowing shall constitute a representation and warranty by such
Borrower that on the date of such Competitive Bid Borrowing such statements are true): 

	 	    (a) the representations
        and warranties of the Company contained in Section 4.01 (except the representations
        set forth in the last sentence of subsection (e) thereof and in subsections
        (f), (h)-(l) and (n) thereof) are correct on and as of the date of such
        Competitive Bid Borrowing, before and after giving effect to such Competitive
        Bid Borrowing and to the application of the proceeds therefrom, as though
        made on and as of such date, and, if such Competitive Bid Borrowing shall
        have been requested by a Designated Subsidiary, the representations and
        warranties of such Designated Subsidiary contained in its Designation
        Letter are correct on and as of the date of such Competitive Bid Borrowing,
        before and after giving effect to such Competitive Bid Borrowing and
        to the application of the proceeds therefrom, as though made on and as
    of such date, 
	 	 
	 	     (b) no event
        has occurred and is continuing, or would result from such Competitive
        Bid Borrowing or from the application of the proceeds therefrom, that
    constitutes a Default, and 
	 	 
	 	     (c) no event
        has occurred and no circumstance exists as a result of which the information
        concerning such Borrower that has been provided to the Agent and each
        Lender by such Borrower in connection herewith would include an untrue
        statement of a material fact or omit to state any material fact necessary
        to make the statements contained therein, in the light of the circumstances
    under which they were made, not misleading,

and (iv) the Agent shall have received such other approvals, opinions or documents as any Lender through the Agent may reasonably request. 

               SECTION 3.05. Determinations Under Section 3.01. For purposes of determining compliance with the conditions specified in Section 3.01, each
Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required

53

thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Agent responsible for the transactions contemplated by this Agreement shall have received notice from such Lender
prior to the date that the Company, by notice to the Lenders, designates as the proposed Effective Date, specifying its objection thereto.  The Agent shall promptly notify the Lenders of the occurrence of the Effective Date. 

ARTICLE IV

REPRESENTATIONS AND WARRANTIES

                    SECTION 4.01. Representations and Warranties of the Company. The Company represents and warrants as follows: 

	 	     (a)  The
        Company is a corporation duly organized, validly existing and in good
        standing under the laws of the State of Delaware. 
	 	 
	 	     (b) The execution, delivery
        and performance by the Company of this Agreement and the Notes of the
        Company, and the consummation of the transactions contemplated hereby,
        are within the Company's corporate powers, have been duly authorized
        by all necessary corporate action, and do not and will not cause or constitute
        a violation of any provision of law or regulation or any provision of
        the Certificate of Incorporation or By-Laws of the Company or result
        in the breach of, or constitute a default or require any consent under,
        or result in the creation of any lien, charge or encumbrance upon any
        of the properties, revenues, or assets of the Company pursuant to, any
        indenture or other agreement or instrument to which the Company is a
        party or by which the Company or its property may be bound or affected. 
	 	 
	 	     (c)
        No authorization, consent, approval (including any exchange control approval),
        license or other action by, and no notice to or filing or registration
        with, any governmental authority, administrative agency or regulatory
        body or any other third party is required for the due execution, delivery
        and performance by the Company of this Agreement or the Notes of the
        Company. 
	 	 
	 	     (d)
        This Agreement has been, and each of the Notes when delivered hereunder
        will have been, duly executed and delivered by the Company. This Agreement
        is, and each of the Notes of the Company when delivered hereunder will
        be, the legal, valid and binding obligation of the Company enforceable
        against the Company in accordance with their respective terms, except
        to the extent that such enforcement may be limited by applicable bankruptcy,
        insolvency and other similar laws affecting creditors' rights generally. 
	 	 
	 	     (e)
        The Consolidated balance sheet of the Company and its Consolidated Subsidiaries
        as at December 31, 2006, and the related Consolidated statements of income
        and cash flows of the Company and its Consolidated Subsidiaries for the
        fiscal year then ended (together with the notes to the financial statements
        of the Company and its Consolidated Subsidiaries and the Consolidated
        statements of cash flows of the Company and its Consolidated Subsidiaries),
        accompanied by an opinion of one or more nationally recognized firms
        of independent public accountants, and the Consolidated balance sheet
        of the Company and its Consolidated Subsidiaries as at March 31, 2007,
        and the related

54

	 	Consolidated statements of income and cash flows of
        the Company and its Consolidated Subsidiaries for the three months then
        ended, duly certified by the principal financial officer of the Company,
        copies of which have been furnished to each Lender, are materially complete
        and correct, and fairly present, subject, in the case of said balance
        sheet as at March 31, 2007, and said statements of income and cash flows
        for the three months then ended, to year-end audit adjustments, the Consolidated
        financial condition of the Company and its Consolidated Subsidiaries
        as at such dates and the Consolidated results of the operations of the
        Company and its Consolidated Subsidiaries for the periods ended on such
        dates, all in accordance with GAAP consistently applied, except as otherwise
        noted therein; the Company and its Consolidated Subsidiaries do not have
        on such date any material contingent liabilities, liabilities for taxes,
        unusual forward or long-term commitments or unrealized or anticipated
        losses from any unfavorable commitments, except as referred to or reflected
        or provided for in such balance sheet or the notes thereto as at such
        date. No Material Adverse Change has occurred since December 31, 2006,
    except as otherwise publicly disclosed prior to the date hereof. 
	 	 
	 	     (f) There is no action, suit, investigation, litigation
        or proceeding, including, without limitation, any Environmental Action,
        pending or to the knowledge of the Company Threatened affecting the Company
        or any of its Subsidiaries before any court, governmental agency or arbitrator
        that (i) is reasonably likely to have a Material Adverse Effect (other
        than as disclosed in public filings prior to the date hereof), or (ii)
        purports to affect the legality, validity or enforceability of this Agreement
        or any Note or the consummation of the transactions contemplated hereby,
        and there has been no adverse change in the status, or financial effect
        on the Company or any of its material Subsidiaries, of the matters disclosed
    in public filings prior to the date hereof.
	 	 
	 	     (g) Following application of the proceeds of each
        Advance, not more than 25 percent of the value of the assets (either
        of the Borrower of such Advance or of such Borrower and its Subsidiaries
        on a Consolidated basis) subject to the provisions of Section 5.02(a)
        or subject to any restriction contained in any agreement or instrument
        between such Borrower and any Lender or any Affiliate of any Lender relating
        to Debt and within the scope of Section 6.01(e) will be margin stock
        (within the meaning of Regulation U issued by the Board of Governors
    of the Federal Reserve System).
	 	 
	 	     (h) The Company and
        each wholly-owned direct Subsidiary of the Company have, in the aggregate,
        met their minimum funding requirements under ERISA with respect to their
        Plans in all material respects and have not incurred any material liability
        to the PBGC, other than for the payment of premiums, in connection with
    such Plans. 
	 	 
	 	     (i) No ERISA Event has
        occurred or is reasonably expected to occur with respect to any Plan
        of the Company or any of its ERISA Affiliates that has resulted in or
        is reasonably likely to result in a material liability of the Company
    or any of its ERISA Affiliates.
	 	 
	 	     (j) The Schedules B
        (Actuarial Information) to the 2006 annual reports (Form 5500 Series)
        with respect to each Plan of the Company or any of its ERISA Affiliates,
        copies of which have been filed with the Internal Revenue Service (and
    which will be

55

	 	furnished to any Lender through the
          Agent upon the request of such Lender through the Agent to the Company),
          are complete and accurate in all material respects and fairly present
          in all material respects the funding status of such Plans at such date,
          and since the date of each such Schedule B there has been no material
          adverse change in funding status.

            (k) Neither
          the Company nor any of its ERISA Affiliates has incurred or reasonably
          expects to incur any Withdrawal Liability to any Multiemployer Plan
          in an annual amount exceeding 6% of Net Tangible Assets of the Company
          and its Consolidated Subsidiaries. 

            (l) Neither
          the Company nor any of its ERISA Affiliates has been notified by the
          sponsor of a Multiemployer Plan that such Multiemployer Plan is in
          reorganization or has been terminated, within the meaning of Title
          IV of ERISA. No such Multiemployer Plan is reasonably expected to be
          in reorganization or to be terminated, within the meaning of Title
          IV of ERISA, in a reorganization or termination which might reasonably
          be expected to result in a liability of the Company in an amount in
          excess of $5,000,000. 

            (m) The
          Company is not, and immediately after the application by the Company
          of the proceeds of each Advance will not be, an "investment company" within
          the meaning of the Investment Company Act of 1940, as amended. 

            (n) To
          the best of the Company's knowledge, the operations and properties
          of the Company and its Subsidiaries taken as a whole comply in all
          material respects with all Environmental Laws, all necessary Environmental
          Permits have been applied for or have been obtained and are in effect
          for the operations and properties of the Company and its Subsidiaries
          and the Company and its Subsidiaries are in compliance in all material
          respects with all such Environmental Permits. To the best of the Company's
          knowledge no circumstances exist that would be reasonably likely to
          form the basis of an Environmental Action against the Company or any
          of its Subsidiaries or any of their properties that could have a Material
    Adverse Effect. 

ARTICLE V

COVENANTS OF THE COMPANY

               SECTION 5.01. Affirmative Covenants. So long as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, the
Company will: 

	 	     (a) Compliance with
          Laws, Etc.  Comply,
    and cause each Designated Subsidiary to
    comply with all applicable laws, rules, regulations and orders, such compliance
    to include, without limitation, compliance with ERISA and Environmental Laws
          as provided in Section 5.01(j), if failure to comply with such requirements
    would have a Material
    Adverse Effect. 
	 	 
	 	     (b) Payment of Taxes,
          Etc. Pay and discharge, and cause each
          Designated Subsidiary to pay and discharge, all taxes, assessments
          and governmental charges or levies imposed upon it or on its income
          or profits or upon any of its property; provided, however,
          that neither the Company nor any of its Subsidiaries shall be required
    to pay or discharge 

56

	 	any such tax, assessment, charge or claim that is
        being contested in good faith and by proper proceedings and as to which
    appropriate reserves are being maintained. 
	 	 
	 	     (c) Maintenance
            of Insurance. Maintain, and cause each
            Designated Subsidiary to maintain, insurance with responsible and
            reputable insurance companies or associations in such amounts and
            covering such risks as is usually carried by companies engaged in
            similar businesses and owning similar properties in the same general
            areas in which the Company or such Subsidiary operates. 

            (d) Preservation
            of Corporate Existence, Etc. Preserve
            and maintain, and cause each Designated Subsidiary to preserve and
            maintain, its corporate existence and all its material rights (charter
            and statutory) privileges and franchises; provided, however,
            that the Company and each Designated Subsidiary may consummate any
            merger, consolidation or sale of assets permitted under Section 5.02(b)
            . 

            (e) Visitation
            Rights. At any reasonable time and
            from time to time upon reasonable notice but not more than once a
            year unless an Event of Default has occurred and is continuing, permit
            the Agent or any of the Lenders or any agents or representatives
            thereof, to examine and make copies of and abstracts from the records
            and books of account of, and visit the properties of, the Company
            and any Designated Subsidiary, and to discuss the affairs, finances
            and accounts of the Company and any Designated Subsidiary with any
            of their officers or directors and with their independent certified
            public accountants. 

            (f) Keeping
            of Books. Keep, and cause each Designated
            Subsidiary to keep, proper books of record and account, in which
            full and correct entries shall be made of all financial transactions
            and the assets and business of the Company and each Designated Subsidiary
            in accordance with generally accepted accounting principles in effect
            from time to time. 

            (g) Maintenance
            of Properties, Etc. Maintain and preserve,
            and cause each Designated Subsidiary to maintain and preserve, all
            of its properties that are used or useful in the conduct of its business
            in good working order and condition, ordinary wear and tear excepted; provided, however,
            that neither the Company nor any of its Designated Subsidiaries shall
            be required to maintain or preserve any property if the failure to
            maintain or preserve such property shall not have a Material Adverse
            Effect. 

            (h) Reporting
            Requirements. Furnish to the Agent
            (with a copy for each Lender) and the Agent shall promptly forward
    the same to the Lenders: 

	 	 
	 	 	     (i) as soon
        as available and in any event within 60 days after the end of each of
        the first three quarters of each fiscal year of the Company, a Consolidated
        balance sheet of the Company and its Consolidated Subsidiaries as of
        the end of such quarter and a Consolidated statement of income and cash
        flows of the Company and its Consolidated Subsidiaries for the period
        commencing at the end of the previous fiscal year and ending with the
        end of such quarter, setting forth in each case in comparative form the
    corresponding figures as of the corresponding

57

	 	 	date and for the corresponding period of the preceding
        fiscal year, all in reasonable detail and certified by the principal
        financial officer, principal accounting officer, the Vice-President and
        Treasurer or an Assistant Treasurer of the Company, subject, however,
        to year-end auditing adjustments, which certificate shall include a statement
        that such officer has no knowledge, except as specifically stated, of
    any condition, event or act which constitutes a Default; 
	 	 	 
	 	 	     (ii)
          as soon as available and in any event within 120 days after the end
          of each fiscal year of the Company, a Consolidated balance sheet of
          the Company and its Consolidated Subsidiaries as of the end of such
          fiscal year and the related Consolidated statements of income and cash
          flows of the Company and its Consolidated Subsidiaries for such fiscal
          year setting forth in each case in comparative form the corresponding
          figures as of the close of and for the preceding fiscal year, all in
          reasonable detail and accompanied by an opinion of independent public
          accountants of nationally recognized standing, as to said financial
          statements and a certificate of the principal financial officer, principal
          accounting officer, the Vice-President and Treasurer or an Assistant
          Treasurer of the Company stating that such officer has no knowledge,
          except as specifically stated, of any condition, event or act which
          constitutes a Default; 

            (iii)
          copies of the Forms 8-K and 10-K reports (or similar reports) which
          the Company is required to file with the Securities and Exchange Commission
          of the United States of America, promptly after the filing thereof; 

            (iv)
          copies of each annual report, quarterly report, special report or proxy
          statement mailed to substantially all of the stockholders of the Company,
          promptly after the mailing thereof to the stockholders; 

            (v) immediate
          notice of the occurrence of any Default of which the principal financial
          officer, principal accounting officer, the Vice-President and Treasurer
          or an Assistant Treasurer of the Company shall have knowledge; 

            (vi)
          as soon as available and in any event within 15 days after the Company
          or any of its ERISA Affiliates knows or has reason to know that any
          ERISA Event has occurred, a statement of a senior officer of the Company
          with responsibility for compliance with the requirements of ERISA describing
          such ERISA Event and the action, if any, which the Company or such
          ERISA Affiliate proposes to take with respect thereto; 

            (vii)
          at the request of any Lender, promptly after the filing thereof with
          the Internal Revenue Service, copies of Schedule B (Actuarial Information)
          to each annual report (Form 5500 series) filed by the Company or any
          of its ERISA Affiliates with respect to each Plan; 

            (viii)
          promptly after receipt thereof by the Company or any of its ERISA Affiliates,
          copies of each notice from the PBGC stating its intention to terminate
    any Plan or to have a trustee appointed to administer any Plan; 

58

	 	 	     (ix)
          promptly after such request, such other documents and information relating
          to any Plan as any Lender may reasonably request from time to time; 

            (x) promptly
          and in any event within five Business Days after receipt thereof by
          the Company or any of its ERISA Affiliates from the sponsor of a Multiemployer
          Plan, copies of each notice concerning (A) (x) the imposition of Withdrawal
          Liability in an amount in excess of $5,000,000 with respect to
          any one Multiemployer Plan or in an aggregate amount in excess of $25,000,000
          with respect to all such Multiemployer Plans within any one calendar
          year or (y) the reorganization or termination, within the meaning of
          Title IV of ERISA, of any Multiemployer Plan that has resulted or might
          reasonably be expected to result in Withdrawal Liability in an amount
          in excess of $5,000,000 or of all such Multiemployer Plans that
          has resulted or might reasonably be expected to result in Withdrawal
          Liability in an aggregate amount in excess of $25,000,000 within
          any one calendar year and (B) the amount of liability incurred, or
          that may be incurred, by the Company or any of its ERISA Affiliates
          in connection with any event described in such subclause (x) or (y); 

            (xi)
          promptly after the commencement thereof, notice of all actions and
          proceedings before any court, governmental agency or arbitrator affecting
          the Company or any Designated Subsidiary of the type described in Section
          4.01(f); and 

            (xii)
          from time to time such further information respecting the financial
          condition and operations of the Company and its Subsidiaries as any
    Lender may from time to time reasonably request. 

	 	 	 
	 	     (i) Authorizations.
          Obtain, and cause each Designated Subsidiary to obtain, at any time
          and from time to time all authorizations, licenses, consents or approvals
          (including exchange control approvals) as shall now or hereafter be
          necessary or desirable under applicable law or regulations in connection
          with its making and performance of this Agreement and, upon the request
          of any Lender, promptly furnish to such Lender copies thereof. 

            (j) Compliance
            with Environmental Laws. Comply, and
            cause each of its Subsidiaries and all lessees and other Persons
            operating or occupying its properties to comply, in all material
            respects, with all applicable Environmental Laws and Environmental
            Permits; obtain and renew and cause each of its Subsidiaries to obtain
            and renew all Environmental Permits necessary for its operations
            and properties; and conduct, and cause each of its Subsidiaries to
            conduct, any investigation, study, sampling and testing, and undertake
            any cleanup, removal, remedial or other action necessary to remove
            and clean up all Hazardous Materials from any of its properties,
            in accordance with the requirements of all Environmental Laws; provided, however,
            that neither the Company nor any of its Subsidiaries shall be required
            to undertake any such cleanup, removal, remedial or other action
            to the extent that its obligation to do so is being contested in
            good faith and by proper proceedings and appropriate reserves are
    being maintained with respect to such circumstances. 

59

	 	     (k) Change
            of Control. If a Change of Control
            shall occur, within ten calendar days after the occurrence thereof,
            provide the Agent with notice thereof, describing therein in reasonable
            detail the facts and circumstances giving rise to such Change in
            Control.

    

               SECTION 5.02. Negative Covenants. So long as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, the Company
will not: 

	 	     (a) Liens,
            Etc. Issue, assume or guarantee, or
            permit any of its Subsidiaries owning Restricted Property to issue,
            assume or guarantee, any Debt secured by Liens on or with respect
            to any Restricted Property without effectively providing that its
            obligations to the Lenders under this Agreement and any of the Notes
            shall be secured equally and ratably with such Debt so long as such
            Debt shall be so secured, except that the foregoing shall not apply
            to: 

	 	 	
            (i) Liens
          affecting property of the Company or any of its Subsidiaries existing
          on the Effective Date in effect as of the date hereof or of any corporation
          existing at the time it becomes a Subsidiary of the Company or at the
          time it is merged into or consolidated with the Company or a Subsidiary
          of the Company; 

            (ii)
          Liens on property of the Company or its Subsidiaries existing at the
          time of acquisition thereof or incurred to secure the payment of all
          or part of the purchase price thereof or to secure Debt incurred prior
          to, at the time of or within 24 months after acquisition thereof for
          the purpose of financing all or part of the purchase price thereof; 

            (iii)
          Liens on property of the Company or its Subsidiaries (in the case of
          property that is, in the opinion of the Board of Directors of the Company,
          substantially unimproved for the use intended by the Company) to secure
          all or part of the cost of improvement thereof, or to secure Debt incurred
          to provide funds for any such purpose; 

            (iv)
          Liens which secure only Debt owing by a Subsidiary of the Company to
          the Company or to another Subsidiary of the Company; 

            (v) Liens
          in favor of the United States of America, any State, any foreign country,
          or any department, agency, instrumentality, or political subdivisions
          of any such jurisdiction, to secure partial, progress, advance or other
          payments pursuant to any contract or statute or to secure any Debt
          incurred for the purpose of financing all or any part of the purchase
          price or cost of constructing or improving the property subject thereto,
          including, without limitation, Liens to secure Debt of the pollution
          control or industrial revenue bond type; or 

            (vi)
          any extension, renewal or replacement (or successive extensions, renewals
          or replacements), in whole or in part, of any Lien referred to in the
          foregoing clauses (i) to (v) inclusive of any Debt secured thereby, provided that
          the principal amount of Debt secured thereby shall not exceed the principal
          amount of Debt so secured at the time of such extension, renewal or
    replacement, and that

60

	 	 
	such extension, renewal or replacement
        Lien shall be limited to all or part of the property which secured the
    Lien extended, renewed or replaced (plus improvements on such property); 
	 	 
	 	provided, however,
          that, the Company and any one or more Subsidiaries owning Restricted
          Property may issue, assume or guarantee Debt secured by Liens which
          would otherwise be subject to the foregoing restrictions in an aggregate
          principal amount which, together with the aggregate outstanding principal
          amount of all other Debt of the Company and its Subsidiaries owning
          Restricted Property that would otherwise be subject to the foregoing
          restrictions (not including Debt permitted to be secured under clause
          (i) through (vi) above) and the aggregate value of the Sale and Leaseback
          Transactions in existence at such time, does not at any one time exceed
          10% of the Net Tangible Assets of the Company and its Consolidated
          Subsidiaries; and provided further that
          the following type of transaction, among others, shall not be deemed
          to create Debt secured by Liens: Liens required by any contract or
          statute in order to permit the Company or any of its Subsidiaries to
          perform any contract or subcontract made by it with or at the request
          of the United States of America, any foreign country or any department,
          agency or instrumentality of any of the foregoing jurisdictions. 

            (b) Mergers,
            Etc. Merge or consolidate with or into,
            or convey, transfer, lease or otherwise dispose of (whether in one
            transaction or in a series of transactions) all or substantially
            all of its assets (whether now owned or hereafter acquired) to, any
            Person; provided, however,
            that the Company may merge or consolidate with any other Person so
            long as the Company is the surviving corporation and so long as no
            Default shall have occurred and be continuing at the time of such
    proposed transaction or would result therefrom. 

ARTICLE VI

EVENTS OF DEFAULT

              SECTION
6.01. Events of Default.
If any of the following events ("Events of Default")
shall occur and be continuing: 

	 	 
	 	     (a)
          Any Borrower shall fail to pay: (i) any principal of any Revolving
          Credit Advance or Competitive Bid Advance when the same becomes due
          and payable; (ii) any principal of any Swing Line Advance within three
          Business Days after the same becomes due and payable, (iii) any facility
          fees or any interest on any Advance payable under this Agreement or
          any Note within three Business Days after the same becomes due and
          payable; or (iv) any other fees or other amounts payable under this
          Agreement or any Notes within 30 days after the same becomes due and
          payable other than those fees and amounts the liabilities for which
          are being contested in good faith by such Borrower and which have been
          placed in Escrow by such Borrower; or 

              (b)
            Any representation or warranty made (or deemed made) by any Borrower
            (or any of its officers) in connection with this Agreement or by
            any Designated Subsidiary in the Designation Letter pursuant to which
            such Designated Subsidiary became a

61

	 	Borrower hereunder shall prove to have
    been incorrect in any material respect when made (or deemed made); or 
	 	 
	 	
              (c)
            The Company shall repudiate its obligations under, or shall default
            in the due performance or observance of, any term, covenant or agreement
            contained in Article VII of this Agreement; or 

              (d)
              (i) Company shall fail to perform or
            observe any other term, covenant or agreement contained in Section
            5.02(a) and such failure shall remain unremedied for a period of
            30 days after any Lender shall have given notice thereof to the Company
            (through the Agent), or (iii) the Company or any other Borrower shall
            fail to perform or to observe any other term, covenant or agreement
            contained in this Agreement on its part to be performed or observed
            and such failure shall remain unremedied for a period of 30 days
            after any Lender shall have given notice thereof to the relevant
            Borrower or, in the case of the Company, any of the principal financial
            officer, the principal accounting officer, the Vice-President and
            Treasurer or an Assistant Treasurer of the Company, and in the case
            of any other Borrower, a responsible officer of such Borrower, first
            has knowledge of such failure; or 

              (e)
            (i) The Company or any of its Consolidated or Designated Subsidiaries
            shall fail to pay any principal of or premium or interest on any
            Debt (other than Debt owed to the Company or its Subsidiaries or
            Affiliates) that is outstanding in a principal amount of at least $150,000,000
            in the aggregate (but excluding Debt outstanding hereunder and Debt
            owed by such party to any bank, financial institution or other institutional
            lender to the extent the Company or any Subsidiary has deposits with
            such bank, financial institution or other institutional lender sufficient
            to repay such Debt) of the Company or such Subsidiary (as the case
            may be), when the same becomes due and payable (whether by 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 relating to such
            Debt, or (ii) any other event shall occur or condition shall exist
            under any agreement or instrument relating to any such Debt 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 to permit the acceleration of, the maturity
            of such Debt, or (iii) any such Debt 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 an offer to prepay, redeem, purchase or defease such
            Debt shall be required to be made, in each case prior to the stated
            maturity thereof; provided, however,
            that, for purposes of this Section 6.0l(e), in the case of (x) Debt
            of any Person (other than the Company or one of its Consolidated
            Subsidiaries) which the Company has guaranteed and (y) Debt of Persons
            (other than the Company or one of its Consolidated Subsidiaries)
            the payment of which is secured by a Lien on property of the Company
            or such Subsidiary, such Debt shall be deemed to have not been paid
            when due or to have been declared to be due and payable only when
            the Company or such Subsidiary, as the case may be, shall have failed
            to pay when due any amount which it shall be obligated to pay with
            respect to such Debt; provided further, however,
            that any event or occurrence described in this subsection (e) shall
            not be an Event of Default if (A) such event or occurrence relates
            to the Debt of any Subsidiary of the Company located in China, India,

 

62

	 	the Commonwealth
          of Independent States or Turkey (collectively, the "Exempt
          Countries"), (B) such Debt is not guaranteed
          or supported in any legally enforceable manner by any Borrower or by
          any Subsidiary or Affiliate of the Company located outside the Exempt
          Countries, (C) such event or occurrence is due to the direct or indirect
          action of any government entity or agency in any Exempt Country and
          (D) as of the last day of the calendar quarter immediately preceding
          such event or occurrence, the book value of the assets of such Subsidiary
          does not exceed $150,000,000 and the aggregate book value of the
          assets of all Subsidiaries of the Company located in Exempt Countries
          the Debt of which would cause an Event of Default to occur but for
          the effect of this proviso does not exceed $500,000,000; or 

            (f) The
          Company or any of its Designated or Consolidated Subsidiaries shall
          generally not pay its debts as such debts become due, or shall admit
          in writing its inability to pay its debts generally, or shall make
          a general assignment for the benefit of creditors; or any proceeding
          shall be instituted by or against the Company or any such Subsidiaries
          seeking to adjudicate it a bankrupt or insolvent, or seeking 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, custodian
          or other similar official for it or for any substantial part of its
          property and, in the case of any such proceeding instituted against
          it (but not instituted by it), either such proceeding shall remain
          undismissed or unstayed for a period of 30 days, or any of the actions
          sought in such proceeding (including, without limitation, the entry
          of an order for relief against, or the appointment of a receiver, trustee,
          custodian or other similar official for, it or for any substantial
          part of its property) shall occur; or the Company or any such Subsidiaries
          shall take any corporate action to authorize any of the actions set
          forth above in this subsection (f); provided, however,
          that any event or occurrence described in this subsection (f) shall
          not be an Event of Default if (A) such event or occurrence relates
          to any Subsidiary of the Company located in an Exempt Country, (B)
          the Debt of such Subsidiary is not guaranteed or supported in any legally
          enforceable manner by any Borrower or by any Subsidiary or Affiliate
          of the Company located outside the Exempt Countries, (C) such event
          or occurrence is due to the direct or indirect action of any government
          entity or agency in any Exempt Country and (D) as of the last day of
          the calendar quarter immediately preceding such event or occurrence,
          the book value of the assets of such Subsidiary does not exceed $150,000,000
          and the aggregate book value of the assets of all Subsidiaries of the
          Company located in Exempt Countries with respect to which the happening
          of the events or occurrences described in this subsection (f) would
          cause an Event of Default to occur but for the effect of this proviso
          does not exceed $500,000,000; or 

            (g) Any
          judgment or order for the payment of money in excess of $150,000,000
          shall be rendered against the Company or any of its Subsidiaries and
          enforcement proceedings shall have been commenced by any creditor upon
          such judgment or order and there shall be any period of 10 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; provided, however,
          that any such judgment or order shall not be an Event of Default under
          this Section 6.01(g) if (A) such judgment or order is rendered against
    any Subsidiary of the

63

	 	Company located
          in an Exempt Country, (B) the Debt of such Subsidiary is not guaranteed
          or supported in any legally enforceable manner by any Borrower or by
          any Subsidiary or Affiliate of the Company located outside the Exempt
          Countries, (C) such judgment or order is due to the direct or indirect
          action of any government entity or agency in any Exempt Country and
          (D) as of the last day of the calendar quarter immediately preceding
          the tenth consecutive day of the stay period referred to above, the
          book value of the assets of such Subsidiary does not exceed $150,000,000
          and the aggregate book value of the assets of all Subsidiaries of the
          Company located in Exempt Countries the judgments and orders against
          which would cause an Event of Default to occur but for the effect of
          this proviso does not exceed $500,000,000; or 

            (h) Any
          non-monetary judgment or order shall be rendered against the Company
          or any of its Subsidiaries that is reasonably likely to have a Material
          Adverse Effect, and enforcement proceedings shall have been commenced
          by any Person upon such judgment or order and there shall be any period
          of 10 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 

            (i) Any
          license, consent, authorization or approval (including exchange control
          approvals) now or hereafter necessary to enable the Company or any
          Designated Subsidiary to comply with its obligations herein or under
          any Notes of such Borrower shall be modified, revoked, withdrawn, withheld
          or suspended; or 

            (j) (i)
          Any ERISA Event shall have occurred with respect to a Plan of any Borrower
          or any of its ERISA Affiliates and the sum (determined as of the date
          of occurrence of such ERISA Event) of the Insufficiency of such Plan
          and the Insufficiency of any and all other Plans of the Borrowers and
          their ERISA Affiliates with respect to which an ERISA Event shall have
          occurred and then exist (or the liability of the Borrowers and their
          ERISA Affiliates related to such ERISA Event) exceeds $150,000,000;
          or (ii) any Borrower or any of its ERISA Affiliates shall be in default,
          as defined in Section 4219(c)(5) of ERISA, with respect to any payment
          of Withdrawal Liability and the sum of the outstanding balance of such
          Withdrawal Liability and the outstanding balance of any other Withdrawal
          Liability that any Borrower or any of its ERISA Affiliates has incurred
          exceeds 6% of Net Tangible Assets of the Company and its Consolidated
          Subsidiaries; or (iii) any Borrower or any of its ERISA Affiliates
          shall have been notified by the sponsor of a Multiemployer Plan of
          such Borrower or any of its ERISA Affiliates that such Multiemployer
          Plan is in reorganization or is being terminated, within the meaning
          of Title IV of ERISA, and as a result of such reorganization or termination
          the aggregate annual contributions of the Borrowers and their ERISA
          Affiliates to all Multiemployer Plans that are then in reorganization
          or being terminated have been or will be increased over the amounts
          contributed to such Multiemployer Plans for the plan years of such
          Multiemployer Plans immediately preceding the plan year in which such
          reorganization or termination occurs by an amount exceeding $150,000,000;
    or 

then, and (i) in any such event (except with respect to Competitive Bid Advances as provided in clause (ii) below), the Agent (A) shall at the request, or may with the consent, of the Majority
Lenders, by notice to the Company, declare the obligation of each Lender to make Advances (other

64

than Advances by an Issuing Bank or a Lender pursuant to Section 2.04(c)) and of the Issuing Banks to issue Letters of Credit to be terminated, whereupon the same shall forthwith terminate, and (B) shall at the request, or may
with the consent, of the Majority Lenders, by notice to the Company, declare the Advances, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances, all such interest and all
such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers and (ii) in the case of the occurrence of any Event of Default
described in clause (i) or (ii) of Section 6.01(a) with respect to any Competitive Bid Advances, the Agent shall, at the request, or may with the consent, of the Lenders which have made or assumed under this Agreement at least 66-2/3% of the
aggregate principal amount (based in respect of Competitive Bid Advances denominated in Foreign Currencies on the Equivalent in Dollars on the date of such request) of Competitive Bid Advances then outstanding and to whom such Advances are owed, by
notice to the Company, declare the full unpaid principal of and accrued interest on all Competitive Bid Advances hereunder and all other obligations of the Borrowers hereunder with respect to Competitive Bid Advances to be immediately due and
payable, whereupon such Advances and such obligations shall be immediately due and payable, without presentment, demand, protest or other further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the United States
Bankruptcy Code of 1978, as amended, (x) the obligation of each Lender to make Advances (other than Advances by an Issuing Bank or a Lender pursuant to Section 2.04(c)) and of the Issuing Banks to issue Letters of Credit shall automatically be
terminated and (y) the Advances, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

     SECTION 6.02. Actions in Respect of the Letters of Credit upon Default. If any Event of Default shall have occurred and be continuing, the
Agent may with the consent, or shall at the request, of the Majority Lenders, irrespective of whether it is taking any of the actions described in Section 6.01 or otherwise, make demand upon the Company to, and forthwith upon such demand the Company
will, (a) pay to the Agent on behalf of the Lenders in same day funds at the Agent's office designated in such demand, for deposit in the L/C Cash Deposit Account, an amount equal to the aggregate Available Amount of all Letters of Credit then
outstanding or (b) make such other reasonable arrangements in respect of the outstanding Letters of Credit as shall be acceptable to the Majority Lenders; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the United States Bankruptcy Code of 1978, as amended, the Borrowers shall immediately pay
to the Agent on behalf of the Lenders for deposit in the L/C Cash Deposit Account, an amount equal to the aggregate Available Amount of all Letters of Credit then outstanding, without presentment, demand, protest or notice of any kind, all of which
are hereby expressly waived by the Borrowers.  If at any time the Agent reasonably determines that any funds held in the L/C Cash Deposit Account are subject to any right or interest of any Person other than the Agent and the Lenders or that the
total amount of such funds is less than the aggregate Available Amount of all Letters of Credit, the Borrowers will, forthwith upon demand by the Agent, pay to the Agent, as additional funds to be deposited and held in the L/C Cash Deposit Account,
an amount equal to the excess of (a) such aggregate Available Amount over (b) the total amount of funds, if any, then held in the L/C Cash Deposit Account that are free and clear of any such right and interest. Upon the drawing of any Letter
of

65

Credit, to the extent funds are on deposit in the L/C Cash Deposit Account, such funds shall be applied to reimburse the Issuing Banks to the extent permitted by applicable law, and if so applied, then such reimbursement shall be
deemed a repayment of the corresponding Advance in respect of such Letter of Credit. After all such Letters of Credit shall have expired or been fully drawn upon and all other obligations of the Borrowers hereunder and under the Notes shall have
been paid in full, the balance, if any, in such L/C Cash Deposit Account shall be promptly returned to the Company. 

ARTICLE VII

GUARANTEE

     SECTION 7.01.  Unconditional Guarantee.  For valuable consideration, receipt whereof is hereby acknowledged, and to induce each Lender to
make Advances to the Designated Subsidiaries and to induce the Agent to act hereunder, the Company hereby unconditionally and irrevocably guarantees to each Lender and the Agent that: 

	 	     (a)
          the principal of and interest on each Advance to each Designated Subsidiary
          shall be promptly paid in full when due (whether at stated maturity,
          by acceleration or otherwise) in accordance with the terms hereof,
          and, in case of any extension of time of payment, in whole or in part,
          of such Advance, that all such sums shall be promptly paid when due
          (whether at stated maturity, by acceleration or otherwise) in accordance
          with the terms of such extension; and 

            (b) all
          other amounts payable hereunder by any Designated Subsidiary to any
          Lender or the Agent or the Sub-Agent, as the case may be, shall be
          promptly paid in full when due in accordance with the terms hereof
          (the obligations of the Designated Subsidiaries under these subsections
    (a) and (b) of this Section 7.01 being the "Obligations"). 

In addition, the Company hereby unconditionally and irrevocably agrees that upon default in the payment when due (whether at stated maturity, by acceleration or otherwise) of any principal of, or interest on, any Advance to any
Designated Subsidiary or such other amounts payable by any Designated Subsidiary to any Lender or the Agent, the Company will forthwith pay the same, without further notice or demand. 

               SECTION 7.02.  Guarantee Absolute.  The Company guarantees that the Obligations will be paid strictly in accordance with the terms of this
Agreement, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of any Lender or the Agent with respect thereto. The liability of the Company under this guarantee shall
be absolute and unconditional irrespective of: 

	 	     (a)
          any lack of validity or enforceability of this Agreement or any other
          agreement or instrument relating thereto; 

            (b) any
          change in the time, manner or place of payment of, or in any other
          term of, all or any of the Obligations, or any other amendment or waiver
    of or any consent to departure from this Agreement; 

66

	 	     (c)
          any exchange, release or non-perfection of any collateral, or any release
          or amendment or waiver of or consent to departure from any other guaranty,
          for all or any of the Obligations; or 

              (d)
            any other circumstance which might otherwise constitute a defense
            available to, or a discharge of, the Company, any Borrower or a guarantor. 

This guarantee shall continue to be effective or be reinstated, as the case may be, if at any time any payment of any of the Obligations is rescinded or must otherwise be returned by any of the Lenders or the Agent upon the
insolvency, bankruptcy or reorganization of the Company or any Borrower or otherwise, all as though such payment had not been made. 

               SECTION 7.03.  Waivers.  The Company hereby expressly waives diligence, presentment, demand for payment, protest, any requirement that any
right or power be exhausted or any action be taken against any Designated Subsidiary or against any other guarantor of all or any portion of the Advances, and all other notices and demands whatsoever. 

               SECTION 7.04. Remedies. Each of the Lenders and the Agent may pursue its respective rights and remedies under this Article VII and shall be
entitled to payment hereunder notwithstanding any other guarantee of all or any part of the Advances to the Designated Subsidiaries, and notwithstanding any action taken by any such Lender or the Agent to enforce any of its rights or remedies under
such other guarantee, or any payment received thereunder. The Company hereby irrevocably waives any claim or other right that it may now or hereafter acquire against any Designated Subsidiary that arises from the existence, payment, performance or
enforcement of the Company's obligations under this Article VII, including, without limitation, any right of subrogation, reimbursement, exoneration, contribution or indemnification and any right to participate in any claim or remedy of the Agent or
the Lenders against any Designated Subsidiary, whether or not such claim, remedy or right arises in equity or under contract, statute or common law, including, without limitation, the right to take or receive from the Designated Subsidiary, directly
or indirectly, in cash or other property or by set-off or in any other manner, payment or security on account of such claim, remedy or right. If any amount shall be paid to the Company in violation of the preceding sentence at any time when all the
Obligations shall not have been paid in full, such amount shall be held in trust for the benefit of the Lenders and the Agent and shall forthwith be paid to the Agent for its own account and the accounts of the respective Lenders to be credited and
applied to the Obligations, whether matured or unmatured, in accordance with the terms of this Agreement, or to be held as collateral for any Obligations or other amounts payable under this Agreement thereafter arising. The Company acknowledges that
it will receive direct and indirect benefits from the financing arrangements contemplated by this Agreement and that the waiver set forth in this section is knowingly made in contemplation of such benefits. 

               SECTION
7.05. No Stay. The
Company agrees that, as between (a) the Company and (b) the Lenders and the Agent,
the Obligations of any  Designated Subsidiary guaranteed by the Company hereunder
may be declared to be forthwith due and payable as provided in Article VI hereof
for purposes of this Article VII by declaration to the Company as guarantor notwithstanding
any stay,  injunction or other prohibition preventing such declaration as against
such Designated Subsidiary and that, in the event of such declaration to the
Company as guarantor, such

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Obligations (whether or not due and payable by such Designated Subsidiary), shall forthwith become due and payable by the Company for purposes of this Article VII. 

     SECTION 7.06.  Survival.  This guarantee is a continuing guarantee and shall (a) remain in full force and effect until payment in full (after
the Termination Date) of the Obligations and all other amounts payable under this guaranty, (b) be binding upon the Company, its successors and assigns, (c) inure to the benefit of and be enforceable by each Lender (including each assignee Lender
pursuant to Section 9.06) and the Agent and their respective successors, transferees and assigns and (d) shall be reinstated if at any time any payment to a Lender or the Agent hereunder is required to be restored by such Lender or the Agent.
Without limiting the generality of the foregoing clause (c), each Lender may assign or otherwise transfer its interest in any Advance to any other person or entity, and such other person or entity shall thereupon become vested with all the rights in
respect thereof granted to such Lender herein or otherwise. 

ARTICLE VIII

THE AGENTS

     SECTION 8.01. Authorization and Action. Each Lender (in its capacities as a Lender, a Swing Line Bank and an Issuing Bank, as applicable)
hereby appoints and authorizes each Agent to take such action as agent on its behalf and to exercise such powers and discretion under this Agreement as are delegated to such Agent by the terms hereof, together with such powers and discretion as are
reasonably incidental thereto.  As to any matters not expressly provided for by this Agreement (including, without limitation, enforcement or collection of the Notes), no Agent shall be required to exercise any discretion or take any action, but
shall be required to act or to refrain from acting (and shall be fully protected in so acting or refraining from acting) upon the instructions of the Majority Lenders, and such instructions shall be binding upon all Lenders and all holders of Notes;
provided, however, that no Agent shall be required to take any action that exposes such Agent to personal liability or that is
contrary to this Agreement or applicable law. Each Agent agrees to give to each Lender prompt notice of each notice given to it by any Borrower pursuant to the terms of this Agreement. 

     SECTION 8.02. Agent's Reliance, Etc. Neither any Agent nor any of its directors, officers, agents or employees shall be liable for any action
taken or omitted to be taken by it or them under or in connection with this Agreement, except for its or their own gross negligence or willful misconduct. Without limitation of the generality of the foregoing, the Agents: (a) may treat the Lender
that made any Advance as the holder of the Debt resulting therefrom until the Agent receives and accepts an Assumption Agreement entered into by an Assuming Lender as provided in Section 2.18 or 2.19, as the case may be, or an Assignment and
Acceptance entered into by such Lender, as assignor, and an Eligible Assignee, as assignee, as provided in Section 9.06; (b) may consult with legal counsel (including counsel for the Company), independent public accountants and other experts
selected by it and shall not be liable for any action taken or omitted to be taken in good faith by it in accordance with the advice of such counsel, accountants or experts; (c) makes no warranty or representation to any Lender and shall not be
responsible to any Lender for any statements, warranties or representations (whether written or oral) made in or in connection with this Agreement; (d) shall not have any duty to ascertain or to inquire as to the performance or observance of any of
the terms, covenants or conditions of this

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Agreement on the part of any Borrower or to inspect the property (including the books and records) of any Borrower; (e) shall not be responsible to any Lender for the due execution, legality, validity, enforceability, genuineness,
sufficiency or value of, or the perfection or priority of any lien or security interest created or purported to be created under or in connection with, this Agreement or any other instrument or document furnished pursuant hereto; and (f) shall incur
no liability under or in respect of this Agreement by acting upon any notice, consent, certificate or other instrument or writing (which may be by telecopier, telegram or telex) believed by it to be genuine and signed or sent by the proper party or
parties. 

     SECTION 8.03.  CUSA and Affiliates.  With respect to its Commitments, the Advances made by it and the Note issued to it, CUSA shall have the
same rights and powers under this Agreement as any other Lender and may exercise the same as though it were not an Agent; and the term "Lender" or "Lenders" shall, unless otherwise expressly indicated, include CUSA in its individual capacity. CUSA
and its Affiliates may accept deposits from, lend money to, act as trustee under indentures of, accept investment banking engagements from and generally engage in any kind of business with, the Company, any of its Subsidiaries and any Person who may
do business with or own securities of the Company or any such Subsidiary, all as if CUSA were not an Agent and without any duty to account therefor to the Lenders. 

     SECTION 8.04. Lender Credit Decision. Each Lender acknowledges that it has, independently and without reliance upon any Agent or any other
Lender and based on the financial statements referred to in Section 4.01 and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges
that it will, independently and without reliance upon any Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under
this Agreement. 

     SECTION 8.05. Indemnification. (a) Each Lender severally agrees to indemnify the Agent (to the extent not reimbursed by a Borrower), from and
against such Lender's Ratable Share of any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or asserted
against the Agent, in its capacity as such, in any way relating to or arising out of this Agreement or any action taken or omitted by the Agent, in its capacity as such, under this Agreement, provided that no Lender shall be liable for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements resulting from the Agent's gross negligence or willful misconduct.
 Without limitation of the foregoing, each Lender agrees to reimburse the Agent promptly upon demand for its Ratable Share of any out-of-pocket expenses (including counsel fees) incurred by the Agent in connection with the preparation, execution,
delivery, administration, modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement, to the extent that the Agent is not
reimbursed for such expenses by a Borrower. 

     (b) Each Lender severally agrees to indemnify the Issuing Banks (to the extent not promptly reimbursed by the Company) from and against such Lender's Ratable Share of any and all liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or

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asserted against any such Issuing Bank, in its capacity as such, in any way relating to or arising out of this Agreement or any action taken or omitted by such Issuing Bank, in its capacity as such, hereunder or in connection
herewith; provided, however, that no Lender shall be liable for any portion of such liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements resulting from such Issuing Bank's gross negligence or willful misconduct.  Without limitation of the foregoing, each Lender agrees to reimburse any
such Issuing Bank promptly upon demand for its Ratable Share of any costs and expenses (including, without limitation, fees and expenses of counsel) payable by the Company under Section 9.04, to the extent that such Issuing Bank is not promptly
reimbursed for such costs and expenses by the Company. 

     (c) The Lenders agree to indemnify the Swing Line Agent (to the extent not reimbursed by the Borrowers), from and against such Lender's ratable share (determined according to their respective
Revolving Credit Commitments at such time) of any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or
asserted against the Swing Line Agent, in its capacity as such, in any way relating to or arising out of this Agreement or any action taken or omitted by the Swing Line Agent under this Agreement, provided that no Lender shall be liable for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements resulting from the Swing
Line Agent's gross negligence or willful misconduct. Without limitation of the foregoing, each Lender agrees to reimburse the Swing Line Agent promptly upon demand for its ratable share of any out-of-pocket expenses (including counsel fees) payable
by the Borrowers under Section 9.04, to the extent that the Swing Line Agent is not reimbursed for such expenses by the Borrowers. 

     (d) The failure of any Lender to reimburse any Agent or any Issuing Bank promptly upon demand for its Ratable Share of any amount required to be paid by the Lenders to the Agents as provided herein
shall not relieve any other Lender of its obligation hereunder to reimburse any Agent or any Issuing Bank for its Ratable Share of such amount, but no Lender shall be responsible for the failure of any other Lender to reimburse any Agent or any
Issuing Bank for such other Lender's Ratable Share of such amount. Without prejudice to the survival of any other agreement of any Lender hereunder, the agreement and obligations of each Lender contained in this Section 8.05 shall survive the
payment in full of principal, interest and all other amounts payable hereunder and under the Notes. Each of the Agents and each Issuing Bank agrees to return to the Lenders their respective Ratable Shares of any amounts paid under this Section 8.05
that are subsequently reimbursed by the Company or any Borrower.  In the case of any investigation, litigation or proceeding giving rise to any Indemnified Costs, this Section 8.04 applies whether any such investigation, litigation or proceeding is
brought by any Agent, any Lender or a third party. 

     SECTION 8.06. Successor Agent. The Agent may resign at any time by giving written notice thereof to the Lenders and the Company and may be
removed at any time with or without cause by the Majority Lenders. The Company may at any time, by notice to the Agent, propose a successor Agent (which shall meet the criteria described below) specified in such notice and request that the Lenders
be notified thereof by the Agent with a view to their removal of the Agent and their appointment of such successor Agent; the Agent agrees to forward any such notice to the Lenders promptly upon its receipt by the Agent. Upon any such resignation or
removal, the

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Majority Lenders shall have the right to appoint a successor Agent. If no successor Agent shall have been so appointed by the Majority Lenders, and shall have accepted such appointment, within 30 days after the retiring Agent's
giving of notice of resignation or the Majority Lenders' removal of the retiring Agent, then the retiring Agent may, on behalf of the Lenders, appoint a successor Agent, which shall be a commercial bank organized under the laws of the United States
of America or of any State thereof and having a combined capital and surplus of at least $500,000,000. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become
vested with all the rights, powers, discretion, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged from its duties and obligations under this Agreement. After any retiring Agent's resignation or removal hereunder
as Agent, the provisions of this Article VIII shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent under this Agreement. 

     SECTION 8.07.  Sub-Agent.  The Sub-Agent has been designated under this Agreement to carry out duties of the Agent. When acting on behalf of
the Agent, the Sub-Agent shall be subject to each of the obligations in this Agreement to be performed by the Sub-Agent, and each of the Borrowers and the Lenders agrees that when acting on behalf of the Agent, the Sub-Agent shall be entitled to
exercise each of the rights and shall be entitled to each of the benefits of the Agent under this Agreement as relate to the performance of its obligations hereunder. 

     SECTION 8.08. Other Agents. Each Lender hereby acknowledges that none of the syndication agent or any documentation agent nor any other
Lender designated as any "Agent" on the signature pages hereof (other than the Agent and the Swing Line Agent) has any liability hereunder other than in its capacity as a Lender. 

ARTICLE IX 

MISCELLANEOUS

     SECTION 9.01. Amendments, Etc. No amendment or waiver of any provision of this Agreement or the Revolving Credit Notes, nor consent to any
departure by any Borrower therefrom, shall in any event be effective unless the same shall be in writing and signed by the Majority Lenders, and then such waiver or consent shall be effective only in the specific instance and for the specific
purpose for which given; provided, however, that no amendment, waiver or consent shall, unless in writing and signed by each of the
Lenders affected thereby, do any of the following: (a) increase the Commitments of such Lender, (b) reduce the principal of, or interest on, the Advances or any fees or other amounts payable hereunder, (c) postpone any date fixed for any payment of
principal of, or interest on, the Advances or any fees or other amounts payable hereunder or extend the date of termination of such Lender’s Commitment, (d) release the Company from any of its obligations under Article VII, (e) require the
duration of an Interest Period to be nine or more months if such period is not available to all Lenders, (f) change the percentage of the Commitments or of the aggregate unpaid principal amount of the Advances, or the number of Lenders, that shall
be required for the Lenders or any of them to take any action hereunder; or (g) amend this Section 9.01; and provided further that
(x) no amendment, waiver or consent shall, unless in writing and signed by the Agent in addition to the Lenders required above to take such action, affect the rights or duties of the Agent under this Agreement or any Note, (y)

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no amendment, waiver or consent shall, unless in writing and signed by the Issuing Banks in addition to the Lenders required above to take such action, adversely affect the rights or obligations of the Issuing Banks in their
capacities as such under this Agreement and (z) no amendment, waiver or consent shall, unless in writing and signed by each Swing Line Bank, in addition to the Lenders required above to take such action, affect the rights or obligations of the Swing
Line Banks under this Agreement. 

          SECTION 9.02. Notices, Etc. (a) All notices and other communications provided for hereunder shall be in writing (including telecopier,
telegraphic or telex communication) and mailed (return receipt requested), telecopied, telegraphed, telexed or delivered, if to the Company or to any Designated Subsidiary, at the Company's address at 101 Columbia Road, Morristown, New Jersey
07962-1219, Attention: Assistant Treasurer; if to any Initial Lender, at its Domestic Lending Office specified opposite its name on Schedule I hereto; if to any other Lender, at its Domestic Lending Office specified in the Assumption Agreement or
the Assignment and Acceptance pursuant to which it became a Lender; if to the Agent, at its address at Two Penns Way, New Castle, Delaware 19720, Attention: Bank Loan Syndications Department, with a copy to 388 Greenwich Street, New York, New York
10013, Attention: Diane Pockaj; and if to the Swing Line Agent, at its address at 4 Harbour Exchange Square, 2nd Floor, London E14 9GE, England, Attention: Ian Hayton/Sonia Gosparini; or, as to any Borrower or the Agent, at such other address as
shall be designated by such party in a written notice to the other parties and, as to each other party, at such other address as shall be designated by such party in a written notice to the Company and the Agent; provided that materials as may be agreed between the Borrowers and the Agent may be delivered to the Agent in accordance with clause (b) below. All such notices and communications shall, when mailed,
telecopied, telegraphed or telexed, be effective when deposited in the mails, telecopied, delivered to the telegraph company or confirmed by telex answerback, respectively, except that notices and communications to the Agent pursuant to Article II,
III or VIII shall not be effective until received by the Agent. Delivery by telecopier of an executed counterpart of any amendment or waiver of any provision of this Agreement or the Notes or of any Exhibit hereto to be executed and delivered
hereunder shall be effective as delivery of a manually executed counterpart thereof. 

	 	     (b)
          So long as CUSA or any of its Affiliates is the Agent, such materials
          required to be delivered pursuant to Section 5.01(h)(i), (ii), (iii)
          and (iv) as may be agreed between the Borrowers and the Agent may be
          delivered to the Agent in an electronic medium in a format acceptable
          to the Agent and the Lenders by e-mail at oploanswebadmin@citigroup.com.
          The Borrowers agree that the Agent may make such materials (the "Communications")
          available to the Lenders by posting such notices on Intralinks or a
          substantially similar electronic system (the "Platform").
          The Borrowers acknowledge that (i) the distribution of material through
          an electronic medium is not necessarily secure and that there are confidentiality
          and other risks associated with such distribution, (ii) the Platform
          is provided "as is" and "as available" and (iii) neither the Agent
          nor any of its Affiliates warrants the accuracy, adequacy or completeness
          of the Communications or the Platform and each expressly disclaims
          liability for errors or omissions in the Communications or the Platform.
          No warranty of any kind, express, implied or statutory, including,
          without limitation, any warranty of merchantability, fitness for a
          particular purpose, non-infringement of third party rights or freedom
          from viruses or

    

 

72

	 	other code
          defects, is made by the Agent or any of its Affiliates in connection
          with the Platform. 

            (c) Each
          Lender agrees that notice to it (as provided in the next sentence)
          (a "Notice")
          specifying that any Communications have been posted to the Platform
          shall constitute effective delivery of such information, documents
          or other materials to such Lender for purposes of this Agreement; provided that
          if requested by any Lender the Agent shall deliver a copy of the Communications
          to such Lender by email or telecopier. Each Lender agrees (i) to notify
          the Agent in writing of such Lender's e-mail address(es) to which a
          Notice may be sent by electronic transmission (including by electronic
          communication) on or before the date such Lender becomes a party to
          this Agreement (and from time to time thereafter to ensure that the
          Agent has on record an effective e-mail address for such Lender) and
          (ii) that any Notice may be sent to such e-mail address(es). 

             SECTION 9.03. No Waiver; Remedies. No failure on the part of any Lender or the Agent to exercise, and no delay in exercising, any right
hereunder or under any Note shall operate as a waiver thereof; nor shall any single or partial exercise of any such right preclude any other or further exercise thereof or the exercise of any other right.  The remedies herein provided are cumulative
and not exclusive of any remedies provided by law. 

             SECTION 9.04. Costs and Expenses. (a) The Company agrees to pay on demand all reasonable costs and expenses of the Agent in connection with
the administration, modification and amendment of this Agreement, the Notes and the other documents to be delivered hereunder, including, without limitation, (i) all due diligence, syndication (including printing, distribution and bank meetings),
transportation, computer, duplication, appraisal, consultant, and audit expenses and (ii) the reasonable fees and expenses of counsel for the Agent with respect thereto.  The Company further agrees to pay on demand all costs and expenses of the
Agent and the Lenders, if any (including, without limitation, reasonable counsel fees and expenses), in connection with the enforcement (whether through negotiations, legal proceedings or otherwise) of this Agreement, the Notes and the other
documents to be delivered hereunder, including, without limitation, reasonable fees and expenses of counsel for the Agent and each Lender in connection with the enforcement of rights under this Section 9.04(a) . 

             (b) Each Borrower agrees to indemnify and hold harmless the Agent and each Lender and each of their Affiliates and their officers, directors, employees, agents and advisors (each, an "Indemnified Party") from and against any and all claims, damages, losses, liabilities and expenses (including, without limitation, reasonable fees and expenses of counsel) that may be incurred by or
asserted or awarded against any Indemnified Party, in each case arising out of or in connection with or by reason of, or in connection with the preparation for a defense of, any investigation, litigation or proceeding arising out of, related to or
in connection with the Notes, this Agreement, any of the transactions contemplated herein or the actual or proposed use of the proceeds of the Advances whether or not such investigation, litigation or proceeding is brought by the Company, its
directors, shareholders or creditors or an Indemnified Party or any other Person or any Indemnified Party is otherwise a party thereto and whether or not the transactions contemplated hereby are consummated, except to the extent any such claim,
damage, loss, liability or expense has resulted from such Indemnified Party's gross negligence or willful misconduct. 

73

The Company also agrees not to assert any claim against any Indemnified Party on any theory of liability for special, indirect, consequential or punitive damages arising out of or otherwise relating to the Notes, this Agreement,
any of the transactions contemplated herein or the actual or proposed use of the proceeds of the Advances. 

     (c) (i) If any payment of principal of, or Conversion of, any Eurocurrency Rate Advance or LIBO Rate Advance is made by the applicable Borrower to or for the account of a Lender other than on the last
day of the Interest Period for such Advance, as a result of a payment or Conversion pursuant to Section 2.03(d), 2.06(b), 2.10(a) or (b) or 2.12, acceleration of the maturity of the Notes pursuant to Section 6.01 or for any other reason, the
applicable Borrower shall, upon demand by such Lender (with a copy of such demand to the Agent), pay to the Agent for the account of such Lender any amounts required to compensate such Lender for any additional losses, costs or expenses that it may
reasonably incur as a result of such payment or Conversion, including, without limitation, any loss (including loss of anticipated profits), cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by
any Lender to fund or maintain such Advance. 

     (ii)  If any payment of principal of any Swing Line Advance is made by the applicable Borrower to or for the account of a Swing Line Bank other than on the maturity date for such Advance as specified
in the applicable Notice of Swing Line Borrowing, as a result of a payment pursuant to Section 2.06(b), 2.10(a) or (b) or 2.12, acceleration of the maturity of the Notes pursuant to Section 6.01 or for any other reason, the applicable Borrower
shall, upon demand by a Swing Line Bank (with a copy of such demand to the Agent and the Swing Line Agent), pay to the Swing Line Agent for the account of such Swing Line Bank any amounts required to compensate such Swing Line Bank for any
additional losses, costs or expenses that it may reasonably incur as a result of such payment, including, without limitation, any loss (including loss of anticipated profits), cost or expense incurred by reason of the liquidation or reemployment of
deposits or other funds acquired by any Swing Line Bank to fund or maintain such Advance. 

     (d) Without prejudice to the survival of any other agreement of the Borrowers hereunder, the agreements and obligations of the Borrowers contained in Sections 2.11, 2.14 and 9.04 shall survive the
payment in full of principal, interest and all other amounts payable hereunder and under the Notes and the termination in whole of any Commitment hereunder. 

     SECTION 9.05. Binding Effect. This Agreement shall become effective (other than Sections 2.01 and 2.03, which shall only become effective
upon satisfaction of the conditions precedent set forth in Section 3.01) when it shall have been executed by the Company, the Agent and the Swing Line Agent and when the Agent shall have been notified by each Initial Lender that such Initial Lender
has executed it and thereafter shall be binding upon and inure to the benefit of each Borrower, the Agent, the Swing Line Agent and each Lender and their respective successors and assigns, except that no Borrower shall have the right to assign its
rights hereunder or any interest herein without the prior written consent of the Lenders. 

     SECTION 9.06. Assignments and Participations. (a) Each Lender may at any time, with notice to the Company prior to making any proposal to any
potential assignee and with the consent of the Company, which consent shall not be unreasonably withheld (and shall at any

74

time, if requested to do so by the Company pursuant to Section 2.06(b), 2.11 or 2.14) assign to one or more Persons all or a portion of its rights and obligations under a Facility or all Facilities (it being understood that any
assignment under the Revolving Credit Facility shall include a proportionate assignment under the Swing Line Facility, as applicable) under this Agreement (including, without limitation, all or a portion of its Revolving Credit Commitment, Unissued
Letter of Credit Commitment, the Revolving Credit Advances owing to it, its participations in Letters of Credit and the Revolving Credit Note or Notes held by it); provided, however, that (i) the Company's consent shall not be required (A) in the case of an assignment of Revolving Credit Commitment, Revolving Credit Advances and participations in Letters of Credit to an
Affiliate of such Lender, provided that notice thereof shall have been given to the Company and the Agent or (B) in the case of an assignment of the type described in subsection (g) below; (ii) each such assignment shall be of a constant, and not a
varying, percentage of the rights and obligations under this Agreement specified in the applicable Assignment and Acceptance; (iii) except in the case of an assignment to a Person that, immediately prior to such assignment, was a Lender or an
assignment of all of a Lender's rights and obligations under this Agreement, the amount of (x) the Revolving Credit Commitment of the assigning Lender being assigned pursuant to each such assignment (determined as of the date of the Assignment and
Acceptance with respect to such assignment) shall in no event be less than $10,000,000 or an integral multiple of $1,000,000 in excess thereof and (y) Unissued Letter of Credit Commitment of the assigning Lender being assigned pursuant to
each such assignment (determined as of the date of the Assignment and Acceptance with respect to such assignment) shall in no event be less than $1,000,000 or an integral multiple thereof; (iv) each such assignment shall be to an Eligible
Assignee, (v) each such assignment made as a result of a demand by the Company pursuant to this Section 9.06(a) shall be arranged by the Company after consultation with, and subject to the approval of, the Agent, and shall be either an assignment of
all of the rights and obligations of the assigning Lender under this Agreement or an assignment of a portion of such rights and obligations made concurrently with another such assignment or other such assignments that together cover all of the
rights and obligations of the assigning Lender under this Agreement, (vi) no Lender shall be obligated to make any such assignment as a result of a demand by the Company pursuant to this Section 9.06(a) unless and until such Lender shall have
received one or more payments from either the Borrowers or one or more Eligible Assignees in an aggregate amount at least equal to the aggregate outstanding principal amount of the Advances owing to such Lender, together with accrued interest
thereon to the date of payment of such principal amount and all other amounts payable to such Lender under this Agreement and all of the obligations of the Borrowers to such Lender shall have been satisfied; and (vii) the parties to each such
assignment shall execute and deliver to the Agent, for its acceptance and recording in the Register, an Assignment and Acceptance, together with a processing and recordation fee of $3,500 and, if the assigning Lender is not retaining a
Commitment hereunder, any Revolving Credit Note subject to such assignment. Upon such execution, delivery, acceptance and recording, from and after the effective date specified in each Assignment and Acceptance, (x) the assignee thereunder shall be
a party hereto and, to the extent that rights and obligations hereunder have been assigned to it pursuant to such Assignment and Acceptance, have the rights and obligations of a Lender hereunder and (y) the Lender assignor thereunder shall, to the
extent that rights and obligations hereunder have been assigned by it pursuant to such Assignment and Acceptance, relinquish its rights and be released from its obligations under this Agreement (and, in the case of an Assignment and Acceptance
covering all or the remaining portion of an assigning Lender's rights and obligations under this

75

Agreement, such Lender shall cease to be a party hereto, provided, however, that such assigning Lender's rights
under Sections 2.11, 2.14 and 9.04, and its obligations under Section 8.05, shall survive such assignment as to matters occurring prior to the effective date of such assignment). 

     (b) By executing and delivering an Assignment and Acceptance, the Lender assignor thereunder and the assignee thereunder confirm to and agree with each other and the other parties hereto as follows:
(i) other than as provided in such Assignment and Acceptance, such assigning Lender makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with this
Agreement or any other instrument or document furnished pursuant hereto or the execution, legality, validity, enforceability, genuineness, sufficiency or value of, or the perfection or priority of any lien or security interest created or purported
to be created under or in connection with, this Agreement or any other instrument or document furnished pursuant hereto; (ii) such assigning Lender makes no representation or warranty and assumes no responsibility with respect to the financial
condition of any Borrower or the performance or observance by such Borrower of any of its obligations under this Agreement or any other instrument or document furnished pursuant hereto; (iii) such assignee confirms that it has received a copy of
this Agreement, together with copies of the financial statements referred to in Section 4.01 and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into such Assignment and
Acceptance; (iv) such assignee will, independently and without reliance upon the Agent, such assigning Lender or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit
decisions in taking or not taking action under this Agreement; (v) such assignee confirms that it is an Eligible Assignee; (vi) such assignee appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers
and discretion under this Agreement as are delegated to the Agent by the terms hereof, together with such powers and discretion as are reasonably incidental thereto; and (vii) such assignee agrees that it will perform in accordance with their terms
all of the obligations that by the terms of this Agreement are required to be performed by it as a Lender. 

     (c) Upon its receipt of an Assignment and Acceptance executed by an assigning Lender and an assignee representing that it is an Eligible Assignee, together with any Revolving Credit Note or Notes
subject to such assignment, the Agent shall, if such Assignment and Acceptance has been completed and is in substantially the form of Exhibit C hereto, (i) accept such Assignment and Acceptance, (ii) record the information contained therein in the
Register and (iii) give prompt notice thereof to the Company and to each other Borrower. 

     (d) The Agent shall maintain at its address referred to in Section 9.02 a copy of each Assumption Agreement and each Assignment and Acceptance delivered to and accepted by it and a register for the
recordation of the names and addresses of the Lenders and the Commitment of, and principal amount of the Advances owing to, each Lender from time to time (the "Register"). The entries in the
Register shall be conclusive and binding for all purposes, absent manifest error, and the Company, each other Borrower, the Agent and the Lenders may treat each Person whose name is recorded in the Register as a Lender hereunder for all purposes of
this Agreement. The Register shall be available for inspection by the Company, any other Borrower or any Lender at any reasonable time and from time to time upon reasonable prior notice. 

76

     (e) Each Lender may sell participations to one or more banks or other entities (other than the Company or any of its Affiliates) in or to all or a portion of its rights and obligations under this
Agreement (including, without limitation, all or a portion of its Commitment, the Advances owing to it and any Note or Notes held by it); provided, however, that (i) such Lender's obligations under this Agreement (including, without limitation, its Commitment to the Company and the other Borrowers hereunder) shall remain unchanged, (ii) such Lender
shall remain solely responsible to the other parties hereto for the performance of such obligations, (iii) such Lender shall remain the holder of any such Note for all purposes of this Agreement, (iv) the Company, any other Borrower, the Agent 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, (v) no participant under any such participation shall have any right to approve any amendment
or waiver of any provision of this Agreement or any Note, or any consent to any departure by any Borrower therefrom, except to the extent that such amendment, waiver or consent would reduce the principal of, or interest on, the Notes or any fees or
other amounts payable hereunder, in each case to the extent subject to such participation, or postpone any date fixed for any payment of principal of, or interest on, the Notes or any fees or other amounts payable hereunder, in each case to the
extent subject to such participation and (vi) within 30 days of the effective date of such participation, such Lender shall provide notice of such participation to the Company. 

     (f) Any Lender may, in connection with any assignment or participation or proposed assignment or participation pursuant to this Section 9.06, disclose to the assignee or participant or proposed
assignee or participant, any information relating to the Company or any Borrower furnished to such Lender by or on behalf of such Borrower; provided that, prior to any such disclosure, the
assignee or participant or proposed assignee or participant shall agree to preserve the confidentiality of any confidential information relating to such Borrower received by it from such Lender. 

     (g) Notwithstanding any other provision set forth in this Agreement, any Lender may at any time assign or create a security interest in all or any portion of its rights under this Agreement
(including, without limitation, the Advances owing to it and any Note or Notes held by it) in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve System. 

     SECTION 9.07. Designated Subsidiaries. (a) Designation. The Company may at any
time, and from time to time, upon not less than 15 Business Days’ notice in the case of any Subsidiary so designated after the Effective Date, notify the Agent that the Company intends to designate a Subsidiary as a "Designated Subsidiary" for
purposes of this Agreement. On or after the date that is 15 Business Days after such notice, upon delivery to the Agent and each Lender of a Designation Letter duly executed by the Company and
the respective Subsidiary and substantially in the form of Exhibit D hereto, such Subsidiary shall thereupon become a "Designated Subsidiary" for purposes of this Agreement and, as such, shall have all of the rights and obligations of a Borrower
hereunder. The Agent shall promptly notify each Lender of the Company’s notice of such pending designation by the Company and the identity of the respective Subsidiary. Following the giving of any notice pursuant to this Section 9.07(a), if the
designation of such Designated Subsidiary obligates the Agent or any Lender to comply with "know your customer" or similar identification procedures in circumstances where the necessary information is not already available to it, the Company shall,
promptly upon the request of the Agent or any

77

Lender, supply such documentation and other evidence as is reasonably requested by the Agent or any Lender in order for the Agent or such Lender to carry out and be satisfied it has complied with the results of all necessary "know
your customer" or other similar checks under all applicable laws and regulations. 

     If the Company shall designate as a Designated Subsidiary hereunder any Subsidiary not organized under the laws of the United States or any State thereof, any Lender may, with notice to the Agent and
the Company, fulfill its Commitment by causing an Affiliate of such Lender to act as the Lender in respect of such Designated Subsidiary (and such Lender shall, to the extent of Advances made to and participations in Letters of Credit issued for the
account of such Designated Subsidiary, be deemed for all purposes hereof to have pro tanto assigned such Advances and participations to such Affiliate in compliance with the provisions of
Section 9.06) . 

     As soon as practicable after receiving notice from the Company or the Agent of the Company's intent to designate a Subsidiary as a Designated Borrower, and in any event no later than five Business
Days after the delivery of such notice, for a Designated Subsidiary that is organized under the laws of a jurisdiction other than of the United States or a political subdivision thereof, any Lender that may not legally lend to, establish credit for
the account of and/or do any business whatsoever with such Designated Subsidiary directly or through an Affiliate of such Lender as provided in the immediately preceding paragraph (a "Protesting Lender") shall so notify the Company and the Agent in
writing. With respect to each Protesting Lender, the Company shall, effective on or before the date that such Designated Subsidiary shall have the right to borrow hereunder, either (A) notify the Agent and such Protesting Lender that the Commitments
of such Protesting Lender shall be terminated; provided that such Protesting Lender shall have received payment of an amount equal to the outstanding principal of its Advances and/or Letter
of Credit reimbursement obligations, accrued interest thereon, accrued fees and all other amounts payable to it hereunder, from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Company or the relevant
Designated Subsidiary (in the case of all other amounts), or (B) cancel its request to designate such Subsidiary as a "Designated Subsidiary" hereunder. 

     (b) Termination.  Upon the payment and performance in full of all of the indebtedness, liabilities and obligations under this Agreement and
the Notes of any Designated Subsidiary then, so long as at the time no Notice of Revolving Credit Borrowing or Notice of Competitive Bid Borrowing in respect of such Designated Subsidiary is outstanding, such Subsidiary's status as a "Designated
Subsidiary" shall terminate upon notice to such effect from the Agent to the Lenders (which notice the Agent shall give promptly upon its receipt of a request therefor from the Company). Thereafter, the Lenders shall be under no further obligation
to make any Advance hereunder to such Designated Subsidiary. 

     SECTION 9.08. Confidentiality. Each of the Lenders and the Agent hereby agrees that it will use reasonable efforts (e.g., procedures
substantially comparable to those applied by such Lender or the Agent in respect of non-public information as to the business of such Lender or the Agent) to keep confidential any financial reports and other information from time to time supplied to
it by the Company hereunder to the extent that such information is not and does not become publicly available and which the Company indicates at the time is to be treated confidentially, provided, however, that nothing herein shall affect the disclosure of any such information (i) by the Agent to any Lender, (ii) to the extent required by law (including
statute,

78

rule, regulation or judicial process), (iii) to counsel for any Lender or the Agent or to their respective independent public accountants, (iv) to bank examiners and auditors and appropriate government examining authorities, (v)
to the Agent or any other Lender, (vi) in connection with any litigation to which any Lender or the Agent is a party, (vii) to actual or prospective assignees and participants as contemplated by Section 9.06(f), (viii) to any Affiliate of the Agent
or any Lender or to such Affiliate's officers, directors, employees, agents and advisors, provided that, prior to any such disclosure, such Affiliate or such Affiliate's officers, directors,
employees, agents or advisors, as the case may be, shall agree to preserve the confidentiality of any confidential information relating to the Company received by it or (ix) any actual or prospective counterparty (or its advisors) to any
securitization, swap or derivative transaction relating to the Borrowers, any Subsidiary of the Company, and the Obligations; a determination by a Lender or the Agent as to the application of the circumstances described in the foregoing clauses
(i)-(viii) being conclusive if made in good faith; and each of the Lenders and the Agent agrees that it will follow procedures which are intended to put any transferee of such confidential information on notice that such information is confidential.

     SECTION 9.09. Mitigation of Yield Protection. Each Lender hereby agrees that, commencing as promptly as practicable after it becomes aware of
the occurrence of any event giving rise to the operation of Section 2.11(a), 2.12 or 2.14 with respect to such Lender, such Lender will give notice thereof through the Agent to the respective Borrower. A Borrower may at any time, by notice through
the Agent to any Lender, request that such Lender change its Applicable Lending Office as to any Advance or Type of Advance or that it specify a new Applicable Lending Office with respect to its Commitment and any Advance held by it or that it
rebook any such Advance with a view to avoiding or mitigating the consequences of an occurrence such as described in the preceding sentence, and such Lender will use reasonable efforts to comply with such request unless, in the opinion of such
Lender, such change or specification or rebooking is inadvisable or might have an adverse effect, economic or otherwise, upon it, including its reputation.  In addition, each Lender agrees that, except for changes or specifications or rebookings
required by law or effected pursuant to the preceding sentence, if the result of any change or change of specification of Applicable Lending Office or rebooking would, but for this sentence, be to impose additional costs or requirements upon the
respective Borrower pursuant to Section 2.11(a), Section 2.12 or Section 2.14 (which would not be imposed absent such change or change of specification or rebooking) by reason of legal or regulatory requirements in effect at the time thereof and of
which such Lender is aware at such time, then such costs or requirements shall not be imposed upon such Borrower but shall be borne by such Lender. All expenses incurred by any Lender in changing an Applicable Lending Office or specifying another
Applicable Lending Office of such Lender or rebooking any Advance in response to a request from a Borrower shall be paid by such Borrower. Nothing in this Section 9.09 (including, without limitation, any failure by a Lender to give any notice
contemplated in the first sentence hereof) shall limit, reduce or postpone any obligations of the respective Borrower under Section 2.11(a), Section 2.12 or Section 2.14, including any obligations payable in respect of any period prior to the date
of any change or specification of a new Applicable Lending Office or any rebooking of any Advance. 

     SECTION 9.10. Governing Law. This Agreement and the Notes shall be governed by, and construed in accordance with, the laws of the State of
New York. 

79

     SECTION 9.11. Execution in Counterparts. This Agreement may be executed in any number of counterparts and by different parties hereto in
separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement by
telecopier shall be effective as delivery of a manually executed counterpart of this Agreement. 

     SECTION 9.12.  Jurisdiction, Etc.  (a)  Each of the parties hereto hereby irrevocably and unconditionally submits, for itself and its
property, to the nonexclusive jurisdiction of any New York State court or federal court of the United States of America sitting in New York City, and any appellate court from any thereof, in any action or proceeding arising out of or relating to
this Agreement or the Notes, 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
any such New York State court or, to the extent permitted by law, in such federal court. Each Designated Subsidiary hereby agrees that service of process in any such action or proceeding brought in the any such New York State court or in such
federal court may be made upon the Company at its address specified in Section 9.02, and each Designated Subsidiary hereby irrevocably appoints the Company its authorized agent to accept such service of process, and agrees that the failure of the
Company to give any notice of any such service shall not impair or affect the validity of such service or of any judgment rendered in any action or proceeding based thereon.  Each Borrower hereby further irrevocably consents to the service of
process in any action or proceeding in such courts by the mailing thereof by any parties hereto by registered or certified mail, postage prepaid, to such Borrower at its address specified pursuant to Section 9.02. 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 shall affect any right that any party may
otherwise have to serve legal process in any other manner permitted by law or to bring any action or proceeding relating to this Agreement or the Notes in the courts of any jurisdiction. To the extent that each Designated Subsidiary has or hereafter
may acquire any immunity from jurisdiction of any court or from any legal process (whether through service or notice, attachment prior to judgment, attachment in aid of execution, execution or otherwise) with respect to itself or its property, each
Designated Subsidiary hereby irrevocably waives such immunity in respect of its obligations under this Agreement. 

     (b) Each of the parties hereto irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection that it may now or hereafter have to the laying of
venue of any suit, action or proceeding arising out of or relating to this Agreement or the Notes in any New York State or federal court. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an
inconvenient forum to the maintenance of such action or proceeding in any such court. 

     SECTION 9.13. Substitution of Currency. If a change in any Foreign Currency occurs pursuant to any applicable law, rule or regulation of any
governmental, monetary or multi-national authority, this Agreement (including, without limitation, the definitions of Eurocurrency Rate and LIBO Rate) will be amended to the extent determined by the Agent (acting reasonably and in consultation with
the Company) to be necessary to reflect the change in currency

80

and to put the Lenders and the Borrowers in the same position, so far as possible, that they would have been in if no change in such Foreign Currency had occurred. 

     SECTION 9.14. Final Agreement. This written agreement represents the full and final agreement between the parties with respect to the matters
addressed herein and supersedes all prior communications, written or oral, with respect thereto. There are no unwritten agreements between the parties. 

     SECTION 9.15. Judgment. (a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder or under
the Notes in any currency (the "Original Currency") into another currency (the "Other Currency"), the parties hereto agree, to the
fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Agent could purchase the Original Currency with the Other Currency at 9:00 A.M. (New York City
time) on the first Business Day preceding that on which final judgment is given. 

     (b) The obligation of each Borrower in respect of any sum due in the Original Currency from it to any Lender or the Agent hereunder or under the Revolving Credit Note or Revolving Credit Notes held by
such Lender shall, notwithstanding any judgment in any Other Currency, be discharged only to the extent that on the Business Day following receipt by such Lender or the Agent (as the case may be) of any sum adjudged to be so due in such Other
Currency, such Lender or the Agent (as the case may be) may in accordance with normal banking procedures purchase Dollars with such Other Currency; if the amount of Dollars so purchased is less than the sum originally due to such Lender or the Agent
(as the case may be) in the Original Currency, such Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify such Lender or the Agent (as the case may be) against such loss, and if the amount of the Original
Currency so purchased exceeds the sum originally due to any Lender or the Agent (as the case may be) in the Original Currency, such Lender or the Agent (as the case may be) agrees to remit to such Borrower such excess. 

     SECTION 9.16. No Liability of the Issuing Banks. None of the Agent, the Lenders nor any Issuing Bank, nor any of their Affiliates, or the
respective directors, officers, employees, agents and advisors of such Person or such Affiliate, 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, 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 applicable Issuing Bank; provided that the foregoing shall not be
construed to excuse any Issuing Bank from liability to the applicable Borrower to the extent of any direct damages (as opposed to consequential damages, claims in respect of which are hereby waived by the Borrowers to the extent permitted by
applicable law) suffered by such Borrower that are caused by such Issuing Bank's failure to exercise care when determining whether drafts and other documents presented under a Letter of Credit comply with the terms thereof or any failure to honor a
Letter of Credit where such Issuing Bank is, under applicable law, required to honor it.  The parties hereto expressly agree that, as long as the Issuing Bank has not acted with gross negligence or willful misconduct, such Issuing Bank shall be
deemed to have exercised care in each such determination.

81

In furtherance of the foregoing and without limiting the generality thereof, the parties agree that, with respect to documents presented which appear on their face to be in substantial compliance with the terms of a Letter of
Credit, an Issuing Bank may, in its reasonable discretion, either accept and make payment upon such documents without responsibility for further investigation 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. 

     SECTION 9.17. Patriot Act Notice. Each Lender hereby notifies the Company that pursuant to the requirements of the USA Patriot Act (Title III
of Pub. L. 107-56 (signed into law October 26, 2001)) (the "Act"), it is required to obtain, verify and record information that identifies each borrower, guarantor or grantor (the "Loan Parties"), which information includes the name and address of
each Loan Party and other information that will allow such Lender to identify such Loan Party in accordance with the Act. 

82

     SECTION 9.18. Waiver of Jury Trial. Each Borrower, the Agent and each Lender hereby irrevocably waive all right to trial by jury in any
action, proceeding or counterclaim (whether based on contract, tort or otherwise) arising out of or relating to this Agreement or the Notes or the actions of the Agent or any Lender in the negotiation, administration, performance or enforcement
thereof. 

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

	 	
HONEYWELL INTERNATIONAL INC. 
	
	 	 

	
	 	
By: /s/John J. Tus 
	
	 	
Name: John J. Tus 
	
	 	
Title: Vice President and Treasurer 
	
	 	 

	
	 	
CITICORP USA, INC., as Agent 
	
	 	 

	
	 	
By: /s/ Carolyn A. Kee 
	
	 	
Name: Carolyn A. Kee 
	
	 	
Title: Vice President 
	
	 	 
	LETTER OF CREDIT COMMITMENT	 
	 	CITIBANK, N.A.  
	$166,666,667  	 
	 	By: /s/
    Carolyn A. Kee  
	 	Name: Carolyn A. Kee  
	 	Title: Vice President  
	 	 
	$166,666,666  	BANK OF AMERICA, N.A.  
	 	 
	 	By: /s/ Jeff Hallmark  
	 	Name: Jeff Hallmark  
	 	Title: Senior Vice President  
	 	 
	$166,666,667  	JPMORGAN CHASE BANK, N.A. 
	 	 
	 	By: /s/
    Randolph Cates  
	 	Name: Randolph Cates  
	 	Title: Executive Director  
	 	 

$500,000,000 TOTAL OF LETTER OF CREDIT COMMITMENTS

83

INITIAL LENDERS

	
REVOLVING CREDIT COMMITMENT 
		 
		
ARRANGER AND ADMINISTRATIVE AGENT 
	
	 	 	 
	
$235,000,000 
		 
		
CITICORP USA, INC. 
	
	 	 	 
	 

		 
		
By: /s/ Carolyn A. Kee 
	
	 

		 
		
Name: Carolyn A. Kee 
	
	 

		 
		
Title: Vice President 
	
	 	 	 
	 

		 
		
ARRANGER AND SYNDICATION AGENT 
	
	 	 	 
	
$235,000,000 
		 
		
JPMORGAN CHASE BANK, N.A. 
	
	 	 	 
	 

		 
		
By: /s/ Randolph Cates 
	
	 

		 
		
Name: Randolph Cates 
	
	 

		 
		
Title: Executive Director 
	
	 	 	 
	 

		 
		
DOCUMENTATION AGENTS 
	
	 	 	 
	
$180,000,000 
		 
		
BANK OF AMERICA, N.A. 
	
	 	 	 
	 

		 
		
By: /s/ Jeff Hallmark 
	
	 

		 
		
Name: Jeff Hallmark 
	
	 

		 
		
Title: Senior Vice President 
	
	 	 	 
	
$180,000,000 
		 
		
BARCLAYS BANK PLC 
	
	 	 	 
	 

		 
		
By: /s/ Nicholas Bell 
	
	 

		 
		
Name: Nicholas Bell 
	
	 

		 
		
Title: Director 
	
	 	 	 
	
$180,000,000 
		 
		
DEUTSCHE BANK AG NEW YORK BRANCH 
	
	 	 	 
	 

		 
		
By: /s/ Frederick W. Laird 
	
	 

		 
		
Name: Frederick W. Laird 
	
	 

		 
		
Title: Managing Director 
	
	 	 	 
	 

		 
		
By: /s/ Heidi Sandquist 
	
	 

		 
		
Name: Heidi Sandquist 
	
	 

		 
		
Title: Vice President 
	

84

	
$180,000,000 
		 
		
UBS LOAN FINANCE LLC 
	
	 

	
	 

		 
		
By: /s/ Richard
 L. Tavrow 
	
	 

		 
		
Name: Richard L. Tavrow 
	
	 

		 
		
Title: Director 
	
	 

	
	 

		 
		
By: /s/ Irja R. Otsa 
	
	 

		 
		
Name: Irja R. Otsa 
	
	 

		 
		
Title: Associate Director 
	
	 

	
	 

		 
		
SENIOR MANAGING AGENTS 
	
	 

	
	
$135,000,000 
		 
		
ABN AMRO BANK N.V. 
	
	 

	
	 

		 
		
By: /s/ Alexander M. Blodi 
	
	 

		 
		
Name: Alexander M. Blodi 
	
	 

		 
		
Title: Managing Director 
	
	 

	
	 

		 
		
By: /s/ Marc Brondyke 
	
	 

		 
		
Name: Marc Brondyke 
	
	 

		 
		
Title: Associate 
	
	 

	
	
$135,000,000 
		 
		
THE BANK OF TOKYO-MITSUBISHI UFJ LTD., 
	
	 

		 
		
NEW YORK BRANCH 
	
	 

	
	 

		 
		
By: /s/ Joanne Nasuti 
	
	 

		 
		
Name: Joanne Nasuti 
	
	 

		 
		
Title: Authorized Signatory 
	
	 

	
	
$135,000,000 
		 
		
BNP PARIBAS 
	
	 

	
	 

		 
		
By: /s/ Rick Pace 
	
	 

		 
		
Name: Rick Pace 
	
	 

		 
		
Title: Managing Director 
	
	 

	
	 

		 
		
By: /s/ Berangere Allen 
	
	 

		 
		
Name: Berangere Allen 
	
	 

		 
		
Title: Vice-President 
	
	 

	
	
$135,000,000 
		 
		
HSBC BANK USA, NATIONAL ASSOCIATION 
	
	 

	
	 

		 
		
By: /s/ Joseph V. Saffire 
	
	 

		 
		
Name: Joseph V. Saffire 
	
	 

		 
		
Title: Senior Vice President 
	

85

	
$135,000,000 
		 
		
THE ROYAL BANK OF SCOTLAND PLC 
	
	 

	
	 

		 
		
By: /s/ L. Peter Yahnan 
	
	 

		 
		
Name: L. Peter Yehnan 
	
	 

		 
		
Title: Senior Vice President 
	
	 

	
	
$135,000,000 
		 
		
WACHOVIA BANK, NATIONAL 
	
	 

		 
		
ASSOCIATION 
	
	 

	
	 

		 
		
By: /s/ Robert G. McGill Jr. 
	
	 

		 
		
Name: Robert G. McGill Jr. 
	
	 

		 
		
Title: Director 
	
	 

	
	
$135,000,000 
		 
		
WILLIAM STREET COMMITMENT 
	
	 

		 
		
CORPORATION (recourse only to the assets of 
	
	 

		 
		
William Street Commitment Corporation) 
	
	 

	
	 

		 
		
By: /s/ Mark Walton 
	
	 

		 
		
Name: Mark Walton 
	
	 

		 
		
Title: Assistant Vice-President 
	
	 

	
	
$135,000,000 
		 
		
SOCIETE GENERALE 
	
	 

	
	 

		 
		
By: /s/ Maria Iarriccio 
	
	 

		 
		
Name: Maria Iarriccio 
	
	 

		 
		
Title: Vice President 
	
	 

	
	 

		 
		
LENDERS 
	
	 

	
	
$80,000,000 
		 
		
THE NORTHERN TRUST COMPANY 
	
	 

	
	 

		 
		
By: /s/ Reid A. Acord 
	
	 

		 
		
Name: Reid A. Acord 
	
	 

		 
		
Title: Second Vice President 
	
	 

	
	
$50,000,000 
		 
		
INTESA SANPAOLO S.P.A., NEW YORK 
	
	 

		 
		
BRANCH 
	
	 

	
	 

		 
		
By: /s/ Frank Maffei 
	
	 

		 
		
Name: Frank Maffei 
	
	 

		 
		
Title: Vice President 
	
	 

	
	 

		 
		
By: /s/ Francesco Di Mario 
	
	 

		 
		
Name: Francesco Di Mario 
	
	 

		 
		
Title: First Vice President 
	

86

	
$50,000,000 
		 
		
BANCO BILBAO VIZCAYA ARGENTARIA 
	
	 

		 
		
S.A., NEW YORK BRANCH 
	
	 

	
	 

		 
		
By: /s/ Emilio de las Heras 
	
	 

		 
		
Name: Mr. Emilio de las Heras 
	
	 

		 
		
Title: Head of New York 
	
	 

	
	 

		 
		
By:

______________________________ 
	
	 

		 
		
Name: 
	
	 

		 
		
Title: 
	
	 

	
	
$50,000,000 
		 
		
MIZUHO CORPORATE BANK, LTD. 
	
	 

	
	 

		 
		
By: /s/ Bertram H. Tang 
	
	 

		 
		
Name: Bertram H. Tang 
	
	 

		 
		
Title: Senior VP & Team Leader 
	
	 

	
	
$50,000,000 
		 
		
ROYAL BANK OF CANADA 
	
	 

	
	 

		 
		
By: /s/ Howard Lee 
	
	 

		 
		
Name: Howard Lee 
	
	 

		 
		
Title: Authorized Signatory 
	
	 

	
	
$50,000,000 
		 
		
SUMITOMO MITSUI BANKING 
	
	 

		 
		
CORPORATION 
	
	 

	
	 

		 
		
By: /s/ David A. Buck 
	
	 

		 
		
Name: David A. Buck 
	
	 

		 
		
Title: Senior Vice President 
	
	 

	
	
$50,000,000 
		 
		
BANK OF NEW YORK 
	
	 

	
	 

		 
		
By: /s/ Kenneth R. McDonnell 
	
	 

		 
		
Name: Kenneth R. McDonnell 
	
	 

		 
		
Title: Vice President 
	
	 

	
	
$50,000,000 
		 
		
WESTPAC BANKING CORPORATION 
	
	 

	
	 

		 
		
By: /s/ Sean Crellin 
	
	 

		 
		
Name: Sean Crellin 
	
	 

		 
		
Title: Vice President & Legal Counsel 
	

87

	
$50,000,000 
		 
		
FORTIS CAPITAL CORP. 
	
	 

	
	 

		 
		
By: /s/ Stephanie Babich-Allegra 
	
	 

		 
		
Name: Stephanie Babich-Allegra 
	
	 

		 
		
Title: Senior Vice President 
	
	 

	
	 

		 
		
By: /s/ Rachel Lanava 
	
	 

		 
		
Name: Rachel Lanava 
	
	 

		 
		
Title: Vice President 
	
	 

	
	
$50,000,000 
		 
		
STANDARD CHARTERED BANK 
	
	 

	
	 

		 
		
By: /s/ Peter VerHoeven 
	
	 

		 
		
Name: Peter VerHoeven 
	
	 

		 
		
Title: Managing Director 
	
	 

	
	 

		 
		
By: /s/ Robert K. Reddington 
	
	 

		 
		
Name: Robert K. Reddington 
	
	 

		 
		
Title: AVP/Credit Documentation 
	
	 

		 
		
Credit Risk Control 
	
	 

		 
		
Standard Chartered Bank N.Y. 
	
	 

	
	
$2,800,000,000 
		 
		
TOTAL OF COMMITMENTS 
	

88

     SCHEDULE I 

APPLICABLE LENDING OFFICES 

	
NAME OF INITIAL LENDER 
		 	
DOMESTIC LENDING OFFICE 
		 
		
EURODOLLAR LENDING OFFICE 
	
	
   ABN AMRO Bank N.V. 
		 	
208 South LaSalle Street 
		 
		
208 South LaSalle Street 
	
	 

		
Suite 1500 
		
Suite 1500 
	
	 

		
Chicago, IL 60604 
		
Chicago, IL 60604 
	
	 

		
Attn: Credit Administration 
		
Attn: Credit Administration 
	
	 

		
Phone: (312) 992-51521 
		
Phone: (312) 992-51521 
	
	 

		
Fax: (312) 992-5157 
		
Fax: (312) 992-5157 
	
	
   Banco Bilbao Vizcaya 
		 	
1345 Avenue of the Americas 
		 
		
1345 Avenue of the Americas 
	
	
   Argentaria S.A., New York 
		
45th Floor 
		
45th Floor 
	
	
   Branch 
		
New York, NY 10105 
		
New York, NY 10105 
	
	 

		
Attn: Miguel Lara 
		
Attn: Miguel Lara 
	
	 

		
Phone: (212) 728-1664 
		
Phone: (212) 728-1664 
	
	 

		
Fax: (212) 333-2904 
		
Fax: (212) 333-2904 
	
	
   Bank of America, N.A. 
		 	
901 Main Street 
		 
		
901 Main Street 
	
	 

		
Dallas, TX 75202-3714 
		
Dallas, TX 75202-3714 
	
	 

		
Attn: Charlotte Conn 
		
Attn: Charlotte Conn 
	
	 

		
Phone: (214) 209-1225 
		
Phone: (214) 209-1225 
	
	 

		
Fax: (214) 290-9653 
		
Fax: (214) 290-9653 
	
	
   Bank of New York 
		 	 

		 	 

	
	
   The Bank of Tokyo-Mitsubishi 
		 	
1251 Avenue of the Americas 
		 	
1251 Avenue of the Americas 
	
	
   UFJ Ltd., New York Branch 
		
12th Floor 
		
12th Floor 
	
	 

		
New York, NY 10020 
		
New York, NY 10020 
	
	 

		
Attn: Rolando Uy 
		
Attn: Rolando Uy 
	
	 

		
Phone: (201) 413-8570 
		
Phone: (201) 413-8570 
	
	 

		
Fax: (201) 521-2304 
		
Fax: (201) 521-2304 
	
	
   Barclays Bank PLC 
		 	
200 Cedar Knolls Road 
		 
		
200 Cedar Knolls Road 
	
	 

		
Whippany, NJ 07981 
		
Whippany, NJ 07981 
	
	 

		
Attn: Jan Becker 
		
Attn: Jan Becker 
	
	 

		
Phone: (973) 576-3795 
		
Phone: (973) 576-3795 
	
	 

		
Fax: (973) 576-3014 
		
Fax: (973) 576-3014 
	
	
   BNP Paribas 
		 	
919 Third Avenue 
		 
		
919 Third Avenue 
	
	 

		
New York, NY 10022 
		
New York, NY 10022 
	
	 

		
Attn: Lawrence Magloire 
		
Attn: Lawrence Magloire 
	
	 

		
Phone: (212) 471-6645 
		
Phone: (212) 471-6645 
	
	 

		
Fax: (212) 471-6603 
		
Fax: (212) 471-6603 
	
	
   Citicorp USA, Inc. 
		 	
388 Greenwich Street 
		 
		
388 Greenwich Street 
	
	 

		
New York, NY 10013 
		
New York, NY 10013 
	
	 

		
Attn: Carolyn Sheridan 
		
Attn: Carolyn Sheridan 
	
	 

		
Phone: (212) 559-3245 
		
Phone: (212) 559-3245 
	
	 

		
Fax: (212) 826-2371 
		
Fax: (212) 826-2371 
	
	
   Deutsche Bank AG New York 
		 	
90 Hudson Street, Floor 1 
		 
		
90 Hudson Street, Floor 1 
	
	
   Branch 
		
Jersey City, NJ 07302 
		
Jersey City, NJ 07302 
	
	 

		
Attn: Joe Cusmai 
		
Attn: Joe Cusmai 
	
	 

		
Phone: (201) 593-2202 
		
Phone: (201) 593-2202 
	
	 

		
Fax: (201) 593-2313 
		
Fax: (201) 593-2313 
	

	
   Fortis Capital Corp. 
		 
		
520 Madison Avenue, 3rd Floor 
		 
	  

	  

	  
		
520 Madison Avenue, 3rd Floor 
	
	 

		
New York, NY 10022 
		
New York, NY 10022 
	
	 

		
Attn: Frank Campanelli 
		
Attn: Frank Campanelli 
	
	 

		
      Glaydsa Valverde 
      
	
      Glaydsa Valverde 
      

	 

		
      Phone: (201) 631-8183 
      
	
      Phone: (201) 631-8183 
      

	 

		
      (201) 631-8190 
      
	
      (201) 631-8190 
      

	 

		
Fax: (201) 631-8180/8181 
		
Fax: (201) 631-8180/8181 
	
	
   HSBC Bank USA, National 
		 
		
One HSBC Center, 26/F 
		 
		
One HSBC Center, 26/F 
	
	
   Association 
		
Buffalo, NY 14203 
		
Buffalo, NY 14203 
	
	 

		
Attn: Donna Riley 
		
Attn: Donna Riley 
	
	 

		
Phone: (716) 841-4178 
		
Phone: (716) 841-4178 
	
	 

		
Fax: (716) 841-0269 
		
Fax: (716) 841-0269 
	
	
   Intesa Sanpaolo S.p.A., New 
		 
		
1 William Street 
		 
		
1 William Street 
	
	
   York Branch 
		
New York, NY 10004 
		
New York, NY 10004 
	
	 

		
Attn: Alex Papace 
		
Attn: Alex Papace 
	
	 

		
Phone: (212) 607-3531 
		
Phone: (212) 607-3531 
	
	 

		
Fax: (212) 607-3897 
		
Fax: (212) 607-3897 
	
	
   JPMorgan Chase Bank, N.A. 
		 
		
111 Fannin 10th Floor 
		 
		
111 Fannin 10th Floor 
	
	 

		
Houston, TX 77002 
		
Houston, TX 77002 
	
	 

		
Attn: Autumn Mashue 
		
Attn: Autumn Mashue 
	
	 

		
Phone: (713) 427-6199 
		
Phone: (713) 427-6199 
	
	 

		
Fax: (713) 750-2932 
		
Fax: (713) 750-2932 
	
	
   Mizuho Corporate Bank, Ltd. 
		 
		
1251 Avenue of the Americas 
		 
		
1251 Avenue of the Americas 
	
	 

		
New York, NY 10020 
		
New York, NY 10020 
	
	 

		
Phone: (212) 282-3000 
		
Phone: (212) 282-3000 
	
	 

		
Fax: (212) 282-4250 
		
Fax: (212) 282-4250 
	
	
   The Northern Trust Company 
		 
		
50 S. LaSalle Street 
		 
		
50 S. LaSalle Street 
	
	 

		
Chicago, IL 60675 
		
Chicago, IL 60675 
	
	 

		
Attn: Linda Honda 
		
Attn: Linda Honda 
	
	 

		
Phone: (312) 444-3532 
		
Phone: (312) 444-3532 
	
	 

		
Fax: (312) 630-1566 
		
Fax: (312) 630-1566 
	
	
   Royal Bank of Canada 
		 
		
One Liberty Plaza, 6th Floor 
		 
		
One Liberty Plaza, 6th Floor 
	
	 

		
New York, NY 10006 
		
New York, NY 10006 
	
	 

		
Attn: Renu Verma 
		
Attn: Renu Verma 
	
	 

		
Phone: (212) 428-6212 
		
Phone: (212) 428-6212 
	
	 

		
Fax: (212) 428-2372 
		
Fax: (212) 428-2372 
	
	 

		
with a copy to: 
		
with a copy to: 
	
	 

		
Attn: N. Delph 
		
Attn: N. Delph 
	
	 

		
Phone: (212) 428-6249 
		
Phone: (212) 428-6249 
	
	 

		
Fax: (212) 428-2319 
		
Fax: (212) 428-2319 
	
	
   The Royal Bank of Scotland 
		 
		
101 Park Avenue 
		 
		
101 Park Avenue 
	
	
   plc 
		
New York, NY 10178 
		
New York, NY 10178 
	
	 

		
Attn: Juanita Baird 
		
Attn: Juanita Baird 
	
	 

		
Phone: (212) 401-1420 
		
Phone: (212) 401-1420 
	
	 

		
Fax: (212) 401-1494 
		
Fax: (212) 401-1494 
	

2

	
   Societe Generale 
		 
		
1221 Avenue of the Americas 
		 
		
1221 Avenue of the Americas 
	
	 

		
12th Floor 
		
12th Floor 
	
	 

		
New York, NY 10020 
		
New York, NY 10020 
	
	 

		
Attn: Arlene Tellerman 
		
Attn: Arlene Tellerman 
	
	 

		
Phone: (212) 278-6086 
		
Phone: (212) 278-6086 
	
	 

		
Fax: (212) 278-7490 
		
Fax: (212) 278-7490 
	
	
   Standard Chartered Bank 
		 
		 

		 
		 

	
	
   Sumitomo Mitsui Banking 
		 	
277 Park Avenue 
		 	
277 Park Avenue 
	
	
   Corporation 
		
New York, NY 10172 
		
New York, NY 10172 
	
	 

		
Attn: Edward McColly 
		
Attn: Edward McColly 
	
	 

		
Phone: (212) 224-4139 
		
Phone: (212) 224-4139 
	
	 

		
Fax: (212) 224-4384 
		
Fax: (212) 224-4384 
	
	
   UBS Loan Finance LLC 
		 
		
677 Washington Blvd. 
		 
		
677 Washington Blvd. 
	
	 

		
6th Floor South 
		
6th Floor South 
	
	 

		
Stamford, CT 05901 
		
Stamford, CT 05901 
	
	 

		
Attn: Letica Fox-Thomas 
		
Attn: Letica Fox-Thomas 
	
	 

		
Phone: (203) 719 8162 
		
Phone: (203) 719 8162 
	
	 

		
Fax: (203) 719 3888 
		
Fax: (203) 719 3888 
	
	
   Wachovia Bank, National 
		 
		
201 S. College Street 
		 
		
201 S. College Street 
	
	
   Association 
		
Charlotte, NC 
		
Charlotte, NC 
	
	 

		
Attn: Romonia Lester 
		
Attn: Romonia Lester 
	
	 

		
Phone: (704) 383-5364 
		
Phone: (704) 383-5364 
	
	 

		
Fax: (704) 715-0096 
		
Fax: (704) 715-0096 
	
	
   Westpac Banking Corporation 
		 
		
GMO Nightshift Operations 
		 
		
GMO Nightshift Operations 
	
	 

		
255 Elizabeth St. 3rd Floor 
		
255 Elizabeth St. 3rd Floor 
	
	 

		
Sydney, NSW 2000 
		
Sydney, NSW 2000 
	
	 

		
Australia 
		
Australia 
	
	 

		
Attn: Matt Healey 
		
Attn: Matt Healey 
	
	 

		
Phone: 011 612 9284-8241 
		
Phone: 011 612 9284-8241 
	
	 

		
Fax: 011 44 207 621 7608 
		
Fax: 011 44 207 621 7608 
	
	
   William Street Commitment 
		 
		
1 New York Plaza 
		 
		
1 New York Plaza 
	
	
   Corporation 
		
New York, NY 10004 
		
New York, NY 10004 
	
	 

		
Attn: Rebecca Kratz 
		
Attn: Rebecca Kratz 
	
	 

		
T: 212 902-1000 
		
T: 212 902-1000 
	

3

SCHEDULE II 
SWING LINE COMMITMENTS 

	   SWING LINE BANK 	 	SWING LINE COMMITMENT 
	 	 
	   Citibank, N.A. 	 	EUR 100,000,000 
	 	 
	   JPMorgan Chase Bank, N.A.	 	EUR 100,000,000
	 	 
	    Total:
	 	 EUR 200,000,000

 

 

SCHEDULE III 

CALCULATION OF THE MANDATORY COST

	
1.      		
General	
	 
	 	
The Mandatory Cost is the weighted average of the rates for each Lender calculated below by the Swing Line Agent on the first day of an Interest Period. The Swing Line Agent must distribute each amount of Mandatory Cost among the
Lenders on the basis of the rate for each Lender.	
	 
	
2.      		
For a Lender lending from an Applicable Lending Office in the U.K.	
	 

	
(a)      		
The relevant rate for a Lender lending from an Applicable Lending Office in the U.K. is calculated in accordance with the following formula:	
	 

	 	
A x 0.01 per cent. per annum 

   300 

where on the day of application of the formula:
	 	 
	 	A	is the charge payable by each Lender to the
        Financial Services Authority under the fees regulations (but, for this
        purpose, ignoring any minimum fee required under the fees regulations)
    and expressed in pounds per £1 million of the fee base of that Lender. 
	 	 

	 	 	 
	 

	
(b)      		
For the purposes of this paragraph 2:	
	 
	 	
(i)      		
"fee base" has the meaning given to it in the fees regulations; and	
	 
	 	
(ii)      		
"fees regulations" means The Financial Services Banking Supervision (Fees) Regulations 2001.	
	 
	
(c)      		
Each rate calculated in accordance with a formula is, if necessary, rounded upward to four decimal places.	
	 
	
(d)      		
(i)	Each Lender must supply to the Swing Line
        Agent the information required by it to make a calculation of the rate
        for that Lender. The Swing Line Agent may assume that this information
    is correct in all respects. 
	 

	 	(ii)	If a Lender fails to do so, the Swing Line
        Agent may assume that the Lender's obligations in respect of the fees
        regulations are the same as those of a typical bank from its jurisdiction
        of incorporation with an Applicable Lending Office in the same jurisdiction
    as an Applicable Lending Office. 
	 
	 	(iii)	The Swing Line Agent has no liability to any party
    to the Agreement if its calculation over or under compensates any Lender. 
	 

	
3.      		
For a Lender lending from an Applicable Lending Office in a Participating Member State	
	 
	
(a)	
The relevant rate for a Lender lending from an Applicable Lending Office in a Participating Member State is the percentage rate per annum notified by that Lender to the Swing Line Agent as its cost (if any) of complying with the
minimum reserve requirements of the European Central Bank.	
	 
	
(b)      		
If a Lender fails to specify a rate under paragraph (a) above, the Swing Line Agent will assume that the Lender has not incurred any such cost.	
	 
	
4.      		
Changes	
	 
	 	
The Swing Line Agent may, after consultation with the Company and the Lenders, notify all the parties to the Agreement of any amendment to this Schedule which is required to reflect:	
	 
	 	 	(a)	any change in law or regulation of the United
      Kingdom or the European Union relating to a cost of the type referred to
    in this Schedule; or 
	 
	 	 	(b) 	any requirement imposed by the Bank of England, the
      Financial Services Authority or the European Central Bank (or, in any case,
    any successor authority).  
	 	 	 	 
	 	 	Any notification will be, in the absence of
    manifest error, conclusive and binding on all the parties to the Agreement. 

2

SCHEDULE 2.01(b) 

EXISTING LETTERS OF CREDIT 

	
ISSUING BANK 
		 
		
BENEFICIARY 
		 
		
AVAILABLE AMOUNT 
		 
		
EXPIRY DATE 
	
	 

		 	 	 	 	 	 
	
   Bank of America, N.A. 
		 
		
Zurich Global Ltd. 
		 
		
$41,728,232.00 
		 
		
4/1/08 
	
	
   Bank of America, N.A. 
		 
		
Zurich - American Insurance 
		 
		
$40,276,218.00 
		 
		
4/30/08 
	
	 

		
Company 
		 
		 

		 
		 

	
	 

		
Zurich Global Ltd. 
		 
		 

		 
		 

	
	
   Citibank N.A. 
		 
		
M&F Worldwide Corp. 
		 
		
$27,000,000.00 
		 
		
12/15/07 
	

EXHIBIT A-1 - 

FORM OF REVOLVING CREDIT 

PROMISSORY NOTE 

Dated: ______________, 200_

     FOR VALUE RECEIVED, the undersigned, [NAME OF BORROWER], a _________________________ corporation (the "Borrower"), HEREBY PROMISES TO
PAY to the order of _________________________ (the "Lender") for the account of its Applicable Lending Office on the Termination Date (each as defined in the Credit Agreement
referred to below) the aggregate principal amount of the Revolving Credit Advances made by the Lender to the Borrower pursuant to the Amended and Restated Five Year Credit Agreement dated as of May 14, 2007, among Honeywell International Inc., the
Lender and certain other lenders parties thereto, and Citicorp USA, Inc., as Agent for the Lender and such other lenders (as amended or modified from time to time, the "Credit Agreement";
the terms defined therein being used herein as therein defined) outstanding on such date. 

     The Borrower promises to pay interest on the unpaid principal amount of each Revolving Credit Advance from the date of such Revolving Credit Advance until such principal amount is paid in full, at
such interest rates, and payable at such times, as are specified in the Credit Agreement. 

     Both principal and interest in respect of each Revolving Credit Advance (i) in Dollars are payable in lawful money of the United States of America to Citicorp USA, Inc., as Agent, at 388 Greenwich
Street, New York, New York, 10013, in same day funds and (ii) in any Major Currency are payable in such currency at the applicable Payment Office in same day funds. Each Revolving Credit Advance owing to the Lender by the Borrower pursuant to the
Credit Agreement, and all payments made on account of principal thereof, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on the grid attached hereto which is part of this Promissory Note. 

     This Promissory Note is one of the Revolving Credit Notes referred to in, and is entitled to the benefits of, the Credit Agreement. The Credit Agreement, among other things, (i) provides for the
making of Revolving Credit Advances by the Lender to the Borrower from time to time in an aggregate amount not to exceed at any time outstanding the Dollar amount first above mentioned or the Equivalent thereof in one or more Major Currencies, the
indebtedness of the Borrower resulting from each such Revolving Credit Advance being evidenced by this Promissory Note, (ii) contains provisions for determining the Dollar Equivalent of Revolving Credit Advances denominated in Major Currencies and
(iii) contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified.

     The Borrower hereby waives presentment, demand, protest and notice of any kind. No failure to exercise, and no delay in exercising, any rights hereunder on the part of the holder hereof shall operate
as a waiver of such rights. 

     This promissory note shall be governed by, and construed in accordance with the laws of the State of New York. 

	 	
[NAME OF BORROWER] 
	
	 	 

	
	 	 

	
	 	
By 
		 	 
	 	 
		Name: 	 
	 	 
		Title: 	 

2

ADVANCES AND PAYMENTS OF PRINCIPAL 

	
      Date 
      
	 
		
Type of 
		 
		
Amount of 
		 
		
Interest 
		 
		 

		 
		 

		 
		 

	
	 

		 
		
Advance 
		
Advance in 
		 
		
Rate 
		
Amount of 
		 
		
Unpaid 
		 
		
Notation 
	
	 	 	 	Relevant Currency	 	 	Principal 	 	Principal 	 	Made By 
	 

		 
		 

		 

		 
		 

		
Paid 
		 
		
Balance 
		 
		 

	
	 	 	 	 	 	 	 	 	or
    Prepaid  	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

		 
		 

		 
		 

		 
		 

		 
		 
	 
		 

		 
		 

	

3

EXHIBIT A-2 - FORM OF 

COMPETITIVE BID 

PROMISSORY NOTE 

Dated: _______________, 200_

     FOR VALUE RECEIVED, the undersigned, [NAME OF BORROWER], a _________________________ corporation (the "Borrower"), HEREBY PROMISES TO
PAY to the order of _________________________ (the "Lender") for the account of its Applicable Lending Office (as defined in the Amended and Restated Five Year Credit Agreement dated
as of May 14, 2007, among Honeywell International Inc., the Lender and certain other lenders parties thereto, and Citicorp USA, Inc., as Agent for the Lender and such other lenders (as amended or modified from time to time, the "Credit Agreement"; the terms defined therein being used herein as therein defined)), on _______________, the principal amount of [U.S.$_______________] [for a Competitive Bid Advance in
a Foreign Currency, list currency and amount of such Advance]. 

     The Borrower promises to pay interest on the unpaid principal amount hereof from the date hereof until such principal amount is paid in full, at the interest rate and payable on the interest payment
date or dates provided below: 

     Interest Rate: [____% per annum (calculated on the basis of a year of _____ days for the actual number of days elapsed)]. 

     Interest Payment Date or Dates:________________

     Both principal and interest are payable in lawful money of ________________ to Citicorp USA, Inc., as Agent, for the account of the Lender at the office of __________________, at
__________________ in same day funds. 

     This Promissory Note is one of the Competitive Bid Notes referred to in, and is entitled to the benefits of, the Credit Agreement. The Credit Agreement, among other things, contains provisions for
acceleration of the maturity hereof upon the happening of certain stated events. 

     The Borrower hereby waives presentment, demand, protest and notice of any kind. No failure to exercise, and no delay in exercising, any rights hereunder on the part of the holder hereof shall operate
as a waiver of such rights. 

     This Promissory Note shall be governed by, and construed in accordance with, the laws of the State of New York. 

	 	[NAME OF BORROWER]  
	 	 
	 	 
	 	By  	 	 
	 	 	Name: 	 
	 	 	Title: 	 

EXHIBIT B-1 - FORM OF NOTICE OF

REVOLVING CREDIT BORROWING 

	
Citicorp USA, Inc., as Agent 
		 
		 

	
	 
		for the Lenders parties 	 
		 

	
	 
		to the Credit Agreement 	 
		 

	
	 
	referred to below  	 
		 

	
	 
	Two Penns Way  	 
		 

	
	 
		New Castle, Delaware 19720	 
		
[Date] 
	
	 

	
	
Attention: Bank Loan Syndication 
		 
		 

	
	 

	
	
Ladies and Gentlemen: 
		 
		 

	

     The undersigned, [Name of Borrower], refers to the Amended and Restated Five Year Credit Agreement, dated as of May 14, 2007 (as amended or modified from time to time, the "Credit Agreement", the terms defined therein being used herein as therein defined), among the undersigned, certain Lenders parties thereto, and Citicorp USA, Inc., as Agent for said Lenders, and hereby
gives you notice, irrevocably, pursuant to Section 2.02 of the Credit Agreement that the undersigned hereby requests a Revolving Credit Borrowing under the Credit Agreement, and in that connection sets forth below the information relating to such
Revolving Credit Borrowing (the "Proposed Revolving Credit Borrowing") as required by Section 2.02(a) of the Credit Agreement: 

	 
	(i) 
		

    The Business Day of the Proposed Revolving Credit Borrowing is ______________ 

	 

	
	 
	(ii) 
		
      The Type of Advances comprising the
          Proposed Revolving Credit Borrowing
          is [Base Rate Advances] [Eurocurrency Rate Advances].   
      

	 

	 
	(iii) 
		
      The aggregate amount of the Proposed
          Revolving Credit Borrowing is [$
        _______________
] [for a Revolving Credit Borrowing in a Major Currency, list currency
and amount of Revolving Credit Borrowing].   
      

	 	 	 	 
	 
		[(iv)	The initial Interest Period for
    each Eurocurrency Rate Advance made as part of the
    Proposed Revolving Credit Borrowing is _______________ month[s].]   

     The undersigned hereby certifies that the conditions precedent to this Revolving Credit Borrowing set forth in Section 3.03 of the Credit Agreement have been satisfied and the applicable statements
contained therein are true on the date hereof, and will be true on the date of the Proposed Revolving Credit Borrowing. 

	 	Very truly yours,  
	 	 
	 	[NAME OF BORROWER]  
	 	 
	 	 
	 	By  	 	 
	 	 	Name: 	 
	 	 	Title: 	 

2

EXHIBIT B-2 - FORM OF NOTICE OF 

COMPETITIVE BID BORROWING 

	
Citicorp USA, Inc., as Agent 
		 

	
	 
	for the Lenders parties 
		 

	
	 
	to the Credit Agreement 
		 

	
	 
	referred to below 
		 

	
	 
	Two Penns Way 
		 

	
	 
	New Castle, Delaware 19720 
		
[Date] 
	
	 

	
	
Attention: Bank Loan Syndication 
		 

	
	 

	
	
Ladies and Gentlemen: 
		 

	

     The undersigned, [Name of Borrower], refers to the Amended and Restated Five Year Credit Agreement, dated as of May 14, 2007 (as amended or modified from time to time, the "Credit Agreement", the terms defined therein being used herein as therein defined), among Honeywell International Inc., certain Lenders parties thereto and Citicorp USA, Inc., as Agent for said Lenders, and
hereby gives you notice, irrevocably, pursuant to Section 2.03 of the Credit Agreement that the undersigned hereby requests a Competitive Bid Borrowing under the Credit Agreement, and in that connection sets forth the terms on which such Competitive
Bid Borrowing (the "Proposed Competitive Bid Borrowing") is requested to be made: 

	 	
      (A) 
    
	
Date of Competitive Bid Borrowing 
		 
	 	
      (B) 
    
	
Aggregate Amount of Competitive Bid Borrowing 
		 
	 	
      (C) 
    
	
[Maturity Date] [Interest Period] 
		 
	 	
      (D) 
    
	
Interest Rate Basis 
		 
	 	
      (E) 
    
	
Day Count Convention 
		 
	 	
      (F) 
    
	
Interest Payment Date(s) 
		 
	 	
      (G) 
    
	
[Currency] 
		 
	 	
      (H) 
    
	
Borrower's Account Location 
		 
	 	
      (I) 
    
	 

		 	 

     The undersigned hereby certifies that the conditions precedent to this Competitive Bid Borrowing set forth in Section 3.04 of the Credit Agreement have been satisfied and the applicable statements
contained therein are true on the date hereof, and will be true on the date of the Proposed Competitive Bid Borrowing. 

     The undersigned hereby confirms that the Proposed Competitive Bid Borrowing is to be made available to it in accordance with Section 2.03(a)(v) of the Credit Agreement. 

	 	Very truly yours,  
	 	 
	 	[NAME OF BORROWER]  
	 	 
	 	 
	 	By  	 	 
	 	 	Name: 	 
	 	 	Title: 	 

2

EXHIBIT B-3 - FORM OF NOTICE OF 

SWING LINE BORROWING 

	Citicorp USA, Inc.,
        as Agent  	 
	 	for the Lenders parties  	 
	 	to the Credit Agreement  	 
	 	referred to below  	 
	 	Two Penns Way  	 
	 	New Castle, Delaware 19720  	[Date]  
	 
	Attention: Bank Loan
        Syndication  	 
	 
	Ladies and Gentlemen:  	 

     The undersigned, [Name of Borrower], refers to the Amended and Restated Five Year Credit Agreement, dated as of May 14, 2007 (as amended or modified from time to time, the "Credit Agreement", the terms defined therein being used herein as therein defined), among the undersigned, certain Lenders parties thereto, and Citicorp USA, Inc., as Agent for said Lenders, and hereby
gives you notice, irrevocably, pursuant to Section 2.02 of the Credit Agreement that the undersigned hereby requests a Swing Line Borrowing under the Credit Agreement, and in that connection sets forth below the information relating to such Swing
Line Borrowing (the "Proposed Swing Line Borrowing") as required by Section 2.02(a) of the Credit Agreement: 

	 
	(i) 
		
The Business Day of the Proposed Swing Line Borrowing is _______________
	
	 

	
	 
	(ii) 
		
The Type of Advances comprising the Proposed Revolving Credit Borrowing
is [Base Rate Advances] [Eurocurrency Rate 

Advances].
	
	 
	
	 
	(iii) 
		
The aggregate amount of the Proposed Swing Line Borrowing is [$
__________ 
] [€
__________
].  	
	 

	
	 
	(iv) 
		
The initial Interest Period for each Eurocurrency Rate Advance
made as part of the Proposed Swing Line Borrowing is day[s].   
	
	 

     The undersigned hereby certifies that the conditions precedent to this Swing Line Borrowing set forth in Section 3.03 of the Credit Agreement have been satisfied and the applicable statements
contained therein are true on the date hereof, and will be true on the date of the Proposed Swing Line Borrowing. 

	 	Very truly yours,  
	 	 
	 	[NAME OF BORROWER]  
	 	 
	 	 
	 	By  	 	 
	 	 	Name: 	 
	 	 	Title: 	 

2

     EXHIBIT C - FORM OF 

ASSIGNMENT AND ACCEPTANCE

Dated: _____________

     Reference is made to the Amended and Restated Five Year Credit Agreement dated as of May 14, 2007, (as amended or modified from time to time, the "Credit
Agreement") among Honeywell International Inc., a Delaware corporation (the "Borrower"), the Lenders (as defined in the Credit Agreement), and Citicorp USA,
Inc., as agent (the "Agent") for the Lenders. Terms defined in the Credit Agreement are used herein with the same meaning. 

     ____________(the "Assignor") and ____________ (the "Assignee") agree as follows: 

     1. The Assignor hereby sells and assigns to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, an interest in and to the Assignor's rights and obligations under the Credit
Agreement as of the date hereof (other than in respect of Competitive Bid Advances and Competitive Bid Notes) equal to the percentage interest specified on Schedule 1 hereto of the outstanding rights and obligations under the Credit Agreement
(including, in the case of an assignment of any Revolving Credit Commitment, participations in Letters of Credit held by the Assignor on the date hereof) set forth on Schedule 1 hereto. After giving effect to such sale and assignment, the Assignee's
Revolving Credit Commitment and Letter of Credit Commitment and the amount of the Revolving Credit Advances in each relevant currency owing to the Assignee will be as set forth on Schedule 1 hereto. 

     2. The Assignor (i) represents and warrants that it is the legal and beneficial owner of the interest being assigned by it hereunder and that such interest is free and clear of any adverse claim; (ii)
makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with the Credit Agreement or any other instrument or document furnished pursuant thereto or the
execution, legality, validity, enforceability, genuineness, sufficiency or value of, or the perfection or priority of any lien or security interest created or purported to be created under or in connection with, the Credit Agreement or any other
instrument or document furnished pursuant thereto; (iii) makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Borrower or the performance or observance by such Borrower of any of its
obligations under the Credit Agreement or any other instrument or document furnished pursuant thereto; [and (iv) attaches the Revolving Credit Note held by the Assignor and requests that the Agent obtain from each Borrower a new Revolving Credit
Note payable to the order of the Assignee with respect to the aggregate principal amount of the Revolving Credit Advances assumed by such Assignee pursuant hereto, substantially in the form of Exhibit A-1 to the Credit Agreement]. 

     3. The Assignee (i) confirms that it has received a copy of the Credit Agreement, together with copies of the financial statements referred to in Section 4.01(e) thereof and such other documents and
information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Acceptance; (ii) agrees that it will, independently and without reliance upon the Agent, the Assignor or any other Lender and
based on

such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement; (iii) confirms that it is an Eligible Assignee; (iv)
appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers and discretion under the Credit Agreement as are delegated to the Agent by the terms thereof, together with such powers and discretion as are
reasonably incidental thereto; (v) agrees that it will perform in accordance with their terms all of the obligations that by the terms of the Credit Agreement are required to be performed by it as a Lender; and (vi) attaches any U.S. Internal
Revenue Service forms required under Section 2.14 of the Credit Agreement. 

     4. Following the execution of this Assignment and Acceptance, it will be delivered to the Agent for acceptance and recording by the Agent. The effective date for this Assignment and Acceptance (the
"Effective Date") shall be the date of acceptance hereof by the Agent, unless otherwise specified on Schedule 1 hereto. 

     5. Upon such acceptance and recording by the Agent, as of the Effective Date, (i) the Assignee shall be a party to the Credit Agreement and, to the extent provided in this Assignment and Acceptance,
have the rights and obligations of a Lender thereunder and (ii) the Assignor shall, to the extent provided in this Assignment and Acceptance, relinquish its rights and be released from its obligations under the Credit Agreement, provided, however, that the Assignor's rights under Sections 2.11, 2.14 and 9.04 of the Credit Agreement, and its obligations under Section 8.05 of
the Credit Agreement, shall survive the assignment pursuant to this Assignment and Acceptance as to matters occurring prior to the Effective Date. 

     6. Upon such acceptance and recording by the Agent, from and after the Effective Date, the Agent shall make all payments under the Credit Agreement and the Revolving Credit Notes in respect of the
interest assigned hereby (including, without limitation, all payments of principal, interest and facility fees with respect thereto) to the Assignee. The Assignor and Assignee shall make all appropriate adjustments in payments under the Credit
Agreement and any Revolving Credit Notes for periods prior to the Effective Date directly between themselves. 

     7. This Assignment and Acceptance shall be governed by, and construed in accordance with, the laws of the State of New York. 

     8. This Assignment and Acceptance may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an
original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of Schedule 1 to this Assignment and Acceptance by telecopier shall be effective as delivery of a manually executed counterpart
of this Assignment and Acceptance. 

     IN WITNESS WHEREOF, the Assignor and the Assignee have caused Schedule 1 to this Assignment and Acceptance to be executed by their officers thereunto duly authorized as of the date specified thereon.

2

Schedule 1 

to 

Assignment and Acceptance 

	 

		 
		
      Dated: ____________________ 
      

	
Section 1. 
		 
		 

	
	 

		 
		
Percentage interest assigned: 
		 
		
_____% 
	
	 	 	 	 	 
	 

		 
		
Assignee's Revolving Credit Commitment: 
		$ 
		 

	 	 	 	 	 
	 

		 
		
Assignee's Letter of Credit Commitment: 
		$ 
		 

	
Section 2. 
		 
		 

	
	 	 	 	 	 
	
(a) 
		
Assigned Advances 
		 
		 

	
	 	 	 	 	 
	 

		 
		
Aggregate outstanding principal amount of Revolving Credit 
		 
		 

	
	 	 	 	 	 
	 

		 
		
Advances in Dollars assigned: 
		$ 
		 
	
	 	 	 	 	 
	 

		 
		
Aggregate outstanding principal amount of Revolving Credit 
		 
		 

	
	 

		 
		
Advances in lawful currency of the United Kingdom of Great 
		 
		 

	
	 

		 
		
Britain and Northern Ireland assigned: 
		£ 
		 

	 	 	 	 	 
	 

		 
		
Aggregate outstanding principal amount of Revolving Credit 
		 
		 

	
	 

		 
		
Advances in lawful currency of Japan assigned: 
		¥ 
		 

	 	 	 	 	 
	 

		 
		
Aggregate outstanding principal amount of Revolving Credit 
		 
		 

	
	 

		 
		
Advances in Euros assigned: 
		€ 
		 

	 	 	 	 	 
	
(b) 
		
Retained Advances 
		 
		 

	
	 	 	 	 	 
	 

		 
		
Aggregate outstanding principal amount of Revolving Credit 
		 
		 

	
	 

		 
		
Advances in Dollars retained: 
		$ 
		 

	 	 	 	 	 
	 

		 
		
Aggregate outstanding principal amount of Revolving Credit 
		 
		 

	
	 

		 
		
Advances in lawful currency of the United Kingdom of Great 
		 
		 

	
	 

		 
		
Britain and Northern Ireland retained: 
		£ 
		 

	 	 	 	 	 
	 

		 
		
Aggregate outstanding principal amount of Revolving Credit 
		 
		 

	
	 

		 
		
Advances in lawful currency of Japan retained: 
		¥ 
		 
	
	 	 	 	 	 
	 

		 
		
Aggregate outstanding principal amount of Revolving Credit 
		 
		 

	
	 

		 
		
Advances in Euros retained: 
		€
		 
	

3

	
Effective Date1 : 
		 
		 

		 
		 

		 
	 

		 
		 

		
[NAME OF ASSIGNOR], as Assignor 
	
	 	 	 	 	 	 
	 	 	 	By 	 	 
	 

		 
		 

		 
		
Title: 
		 
	 	 	 	 	 	 
	 

		 
		 

		
Dated: 
		 
	 	 	 	 	 	 
	 

		 
		 

		
[NAME OF ASSIGNEE], as Assignee 
		 
	 	 	 	 	 	 
	 	 	 	By	 	 
	 	 	 	 	Title:  	 
	 	 	 	 	 	 
	 

		 
		 

		Dated: 
		 
	 
	 	 	 	 	 	 
	 

		 
		 

		 
		
Domestic Lending Office: 
		 
	 

		 
		 

		 
		
[Address] 
		 
	 	 	 	 	 	 
	 

		 
		 

		 
		
Eurocurrency Lending Office: 
		 
	 

		 
		 

		 
		
[Address] 
		 
	
Consented to this 
____________________ day  		 
		 
	 
		 

		 
	
of 
__________________		 
		 

		 
		 

		 
	 	 	 	 	 	 
	
[NAME OF BORROWER] 
		 
		 

		 
		 

		 
	 	 	 	 	 	 
	
By 
		 	] 
		 

		 
		 
	 
	
Name: 
		 
		 

		 
		 

		 
	
Title: 
		 
		 

		 
		 

		 

 

	
         

    

	 

	1      	This date should be no earlier than five
        Business Days after the delivery of this Assignment and Acceptance to
        the Agent. 
	 

4

EXHIBIT D - FORM OF DESIGNATION LETTER

[DATE]          

To each of the Lenders 

    parties to the

Credit Agreement (as defined

below) and to Citicorp USA, Inc.,

as Agent for such Lenders 

Ladies and Gentlemen: 

     Reference is made to the Amended and Restated Five Year Credit Agreement dated as of May 14, 2007, among Honeywell International Inc. (the "Company"), the Lenders named therein, and Citicorp USA, Inc., as Agent for said Lenders (the "Credit Agreement").  For convenience of reference, terms used herein and defined in the
Credit Agreement shall have the respective meanings ascribed to such terms in the Credit Agreement. 

     Please be advised that the Company
hereby designates its undersigned Subsidiary, ____________
("Designated Subsidiary"), as a
"Designated Subsidiary" under and for all purposes of the Credit Agreement. 

     The Designated Subsidiary, in consideration of each Lender's agreement to extend credit to it under and on the terms and conditions set forth in the Credit Agreement, does hereby assume each of the
obligations imposed upon a "Designated Subsidiary" and a "Borrower" under the Credit Agreement and agrees to be bound by the terms and conditions of the Credit Agreement. In furtherance of the foregoing, the Designated Subsidiary hereby represents
and warrants to each Lenders as follows: 

     1.
    The Designated Subsidiary is a corporation duly incorporated, validly existing
    and in good standing under the laws of and is duly qualified to transact
    business in all jurisdictions in which such qualification is required.
    

          2. The
        execution, delivery and performance by the Designated Subsidiary of this
        Designation Letter, the Credit Agreement, its Notes and the consummation
        of the transactions contemplated thereby, are within the Designated Subsidiary's
        corporate powers, have been duly authorized by all necessary corporate
        action, and do not and will not cause or constitute a violation of any
        provision of law or regulation or any provision of the charter or by-laws
        of the Designated Subsidiary or result in the breach of, or constitute
        a default or require any consent under, or result in the creation of
        any lien, charge or encumbrance upon any of the properties, revenues,
        or assets of the Designated Subsidiary pursuant to, any indenture or
        other agreement or instrument to which the Designated Subsidiary is a
        party or by which the Designated Subsidiary or its property may be bound
        or affected. 

          3. This
        Designation Agreement and each of the Notes of the Designated Subsidiary,
        when delivered, will have been duly executed and delivered, and this 

 

Designation Letter, the Credit Agreement and each
  of the Notes of the Designated Subsidiary, when delivered, will constitute
  a legal, valid and binding obligation of the Designated Subsidiary enforceable
  against the Designated Subsidiary in accordance with their respective terms
  except to the extent that such enforcement may be limited by applicable bankruptcy,
  insolvency and other similar laws affecting creditors' rights generally.
    

          4. There
        is no action, suit, investigation, litigation or proceeding including,
        without limitation, any Environmental Action, pending or to the knowledge
        of the Designated Subsidiary Threatened affecting the Designated Subsidiary
        before any court, governmental agency or arbitration that (i) is reasonably
        likely to have a Material Adverse Effect, or (ii) purports to effect
        the legality, validity or enforceability of this Designation Letter,
        the Credit Agreement, any Note of the Designated Subsidiary or the consummation
        of the transactions contemplated thereby. 

          5. No authorizations,
        consents, approvals, licenses, filings or registrations by or with any
        governmental authority or administrative body are required in connection
        with the execution, delivery or performance by the Designated Subsidiary
        of this Designation Letter, the Credit Agreement or the Notes of the
        Designated Subsidiary except for such authorizations, consents, approvals,
        licenses, filings or registrations as have heretofore been made, obtained
        or effected and are in full force and effect. 

          6. The
        Designated Subsidiary is not, and immediately after the application by
        the Designated Subsidiary of the proceeds of each Advance will not be,
        an "investment company" within the meaning of the Investment Company
        Act of 1940, as amended. 

	 	
Very truly yours, 
	
	 	 

	
	 	
HONEYWELL INTERNATIONAL INC. 
	
	 	 

	
	 	By	________________________
	 	 	Name: 
	 	 	Title:
	 	 

	
	 	
[THE DESIGNATED SUBSIDIARY] 
	
	 	 

	
	 	 

	
	 	
By	________________________
	 	 
		Name: 
	 	 
		Title:

2

EXHIBIT E - FORM OF OPINION 

OF THE GENERAL COUNSEL OR AN

ASSISTANT GENERAL COUNSEL OF THE COMPANY

__________ __, 2007

To each of the Lenders parties 

     to the Credit Agreement

     (as defined below), 

     and to Citicorp USA, Inc., 

     as Agent for said Lenders 

Honeywell International Inc.

Ladies and Gentlemen:

          
This opinion is furnished to you pursuant to Section 3.01(e)(iv) of the Amended and Restated Five Year Credit Agreement dated as of May 14, 2007, among Honeywell International Inc. (the
“Company”), the Lenders parties thereto, and Citicorp USA, Inc., as Agent for said Lenders (the “Credit Agreement”). Terms defined
  in the Credit Agreement are, unless otherwise defined herein, used herein as therein defined. 

          I have acted as counsel for the Company in connection with the preparation, execution and delivery of the Credit Agreement. 

          In that connection I have examined:     

     (1) The Credit Agreement            

       (2) The documents furnished by the Company pursuant
    to Article III of the Credit Agreement, including the Certificate of Incorporationof
    the Company and all amendments thereto (the “Charter”)
    and the By-laws of the Company and all amendments thereto
    (the “By-laws”).

     (3) A certificate of the Secretary of State of
  the State of Delaware, dated as of a recent date, attesting
  to the continued corporate existence and good standing of the Company
  in that State.

          I have also examined the originals, or copies certified to my satisfaction, of such corporate records of the Company (including resolutions adopted by the Board of Directors of the Company),
certificates of public officials and of officers of the Company, and agreements, instruments and documents, as I have deemed necessary as a basis for the opinions hereinafter 

expressed. As to questions of fact material to such opinions, I have, when relevant facts were not independently established by me, relied upon certificates of the Company or its officers or of public officials.

          In rendering the opinions set forth below, I have assumed the authenticity of all documents submitted to me as originals, the genuineness of all signatures and the conformity to authentic originals of
all documents submitted to me as copies. I have also assumed the legal capacity for all purposes relevant hereto of all natural persons and, with respect to all parties to agreements or instruments relevant hereto other than the Company, that such
parties had the requisite power and authority (corporate or otherwise) to execute, deliver and perform such agreements or instruments, that such agreements or instruments have been duly authorized by all requisite action (corporate or otherwise),
executed and delivered by such parties and that such agreements or instruments are the valid, binding, and enforceable obligations of such parties.

          I am qualified to practice law in the State of New York, and I do not purport to be expert in, or to express any opinion herein concerning, any laws other than the laws of the State of New York, the
General Corporation Law of the State of Delaware and the Federal laws of the United States. 

          Based upon the foregoing and upon such investigation as I have deemed necessary, I am of the following opinion:

     1. The Company (a) is a corporation duly organized,
  validly existing and in good standing under the laws of the State of Delaware,
  (b) is duly qualified as a foreign corporation in each other jurisdiction in
  which it owns or leases property or in which the conduct of its business requires
  it to so qualify or be licensed, except where the failure to be so qualified
  would not be reasonably likely to have a Material Adverse Effect and (c) has
  all requisite corporate power and authority to own or lease and operate its
  properties and to carry on its business as now conducted and as proposed to
  be conducted.

     2. The execution, delivery and performance by the
  Company of the Credit Agreement and the Notes of the Company, and the consummation
  of the transactions contemplated thereby, are within the Company's corporate
  powers, have been duly authorized by all necessary corporate action, and do
  not (i) contravene the Charter or the By-laws or (ii) violate any law (including,
  without limitation, the Securities Exchange Act of 1934 and the Racketeer Influenced
  and Corrupt Organizations Chapter of the Organized Crime Control Act of 1970),
  rule, regulation (including, without limitation, Regulation X of the Board
  of Governors of the Federal Reserve System) or any material order, writ, judgment,
  decree, determination or award or (iii) conflict with or result in the breach
  of, or constitute a default under, any material indenture, loan or credit agreement,
  lease, mortgage, security agreement, bond, note or any similar document. The
  Credit Agreement and the Notes of the Company have been duly executed and delivered
  on behalf of the Company. 

2

     3. No authorization, approval, or other action by, and no notice to or filing with, any governmental authority, administrative agency or regulatory body, or any third party is required for the due
execution, delivery and performance by the Company of the Credit Agreement or the Notes of the Company, or for the consummation of the transactions contemplated thereby. 

     4. The Credit Agreement is, and each Note of the
  Company when delivered under the Credit Agreement will be, the legal, valid
  and binding obligation of the Company enforceable against the Company in accordance
  with their respective terms, except as the enforceability thereof may be limited
  by bankruptcy, insolvency, reorganization or moratorium or other similar laws
  relating to the enforcement of creditors' rights generally or by the application
  of general principles of equity (regardless of whether such enforceability
  is considered in a proceeding in equity or at law), and except that I express
  no opinion as to (i) the subject matter jurisdiction of the District Courts
  of the United States of America to adjudicate any controversy relating to the
  Credit Agreement or the Notes of the Company or (ii) the effect of the law
  of any jurisdiction (other than the State of New York) wherein any Lender or
  Applicable Lending Office may be located or wherein enforcement of the Credit
  Agreement or the Notes of the Company may be sought which limits rates of interest
  which may be charged or collected by such Lender.

    
     5. There
        is no action, suit, investigation, litigation or proceeding against the
        Company or any of its Subsidiaries before any court, governmental agency
        or arbitrator now pending or, to the best of my knowledge, Threatened
        that is reasonably likely to have a Material Adverse Effect (other than
        as disclosed in public filings prior to the date hereof) or that purports
        to affect the legality, validity or enforceability of the Credit Agreement
        or any Note of the Company or the consummation of the transactions contemplated
        thereby, and there has been no adverse change in the status, or financial
        effect on the Company or any of its Subsidiaries, of the matters disclosed
        in public filings prior to the date hereof. 

          6. The
        Company is not an "investment company" within the meaning of the Investment
        Company Act of 1940, as amended. 

          In connection with the opinions expressed by me above in paragraph 4, I wish to point out that (i) provisions of the Credit Agreement that permit the Agent or any Lender to take action or make
determinations may be subject to a requirement that such action be taken or such determinations be made on a reasonable basis and in good faith, (ii) that a party to whom an advance is owed may, under certain circumstances, be called upon to prove
the outstanding amount of the Advances evidenced thereby, (iii) the rights of the Agent and the Lenders provided for in Section 9.04(b) of the Credit Agreement may be limited in certain circumstances and (iv) I express no opinion with respect to the
enforceability of any indemnity against loss in converting into a specified currency the proceeds or amount of a court judgment in another currency. 

          I do not express any opinion on any matter not expressly addressed above. The opinions set forth herein are delivered based solely upon the examinations, assumptions and other matters described herein
as of the date hereof, and I undertake no obligation to modify or

3

supplement this opinion letter or otherwise to communicate with you with respect to changes in law or matters which occur or come to my attention after the date hereof. 

          This opinion letter is given for the sole and exclusive benefit of the addressees hereof and may not be relied upon by or delivered or disclosed to any other person, except that any person that
becomes a Lender in accordance with the provisions of the Credit Agreement after the date hereof may rely on these opinions as if this opinion letter were addressed and delivered to such Lender on the date hereof. In addition, this opinion letter
relates only to the matters, the opinions and the transaction specifically referred to or provided herein, and no other opinions should be implied therefrom. 

	 	
Very truly yours, 
	
	 	 
	 	
Jacqueline Whorms 
	

4

EXHIBIT F - FORM OF OPINION OF COUNSEL 

TO A DESIGNATED SUBSIDIARY 

____________, 20__

To each of the Lenders parties to the Credit Agreement (as defined below), and to Citicorp USA, Inc., as Agent for said Lenders 

Ladies and Gentlemen:

          In my capacity as counsel
to __________  (“Designated Subsidiary”), I have reviewed that certain Amended and Restated Five Year Credit
Agreement dated as of May 14, 2007, among Honeywell International Inc., the Lenders named therein, and Citicorp USA,
 Inc., as Agent for such Lenders (the “Credit Agreement”). In connection
therewith, I have also examined the following documents: 

          (i) The Designation Letter (as defined in the Credit Agreement) executed by the Designated Subsidiary. 

          
[such other documents as counsel may wish to refer to]

          I have also reviewed such matters of law and examined the original, certified, conformed or photographic copies of such other documents, records, agreements and certificates as I have considered
relevant hereto. As to questions of fact material to such opinions, I have, when relevant facts were not independently established by me, relied upon certificates of the Company or its officers or of public officials.

          Except as expressly specified herein all terms used herein and defined in the Credit Agreement shall have the respective meanings ascribed to them in the Credit Agreement. 

          I
am qualified to practice law in __________
, and I do not purport to be expert in, or to express any opinion herein concerning,
any laws other than the laws of__________
.. 

          Based
upon the foregoing and upon such investigation as I have deemed necessary, I
am of the opinion that: 

     1. The Designated Subsidiary (a) is a corporation
  duly incorporated, validly existing and in good standing under the laws of
  __________ , (b) is duly qualified in each other jurisdiction in which it owns
  or leases property or in which the conduct of its business requires it to so
  qualify or be licensed, except where the failure to be so qualified would not

be reasonably likely to have a Material Adverse Effect and (c) has all requisite corporate power and authority to own or lease and operate its properties and to carry on its business as now conducted and as proposed to be
conducted.

     2. The execution, delivery and
    performance by the Designated Subsidiary of its Designation Letter, the Credit
    Agreement and its Notes, and the consummation of the transactions contemplated
    thereby, are within the Designated Subsidiary's corporate powers, have been
    duly authorized by all necessary corporate action, and do not and will not
    cause or constitute a violation of any provision of law or regulation or
    any material order, writ, judgment, decree, determination or award or any
    provision of the charter or by-laws or other constituent documents of the
    Designated Subsidiary or result in the breach of, or constitute a default
    or require any consent under, or result in the creation of any lien, charge
    or encumbrance upon any of the properties, revenues, or assets of the Designated
    Subsidiary pursuant to, any material indenture or other agreement or instrument
    to which the Designated Subsidiary is a party or by which the Designated
    Subsidiary or its property may be bound or affected. The Designation Letter
    and each Note of the Designated Subsidiary has been duly executed and delivered
    on behalf of the Designated Subsidiary.
        3. The
        Credit Agreement and the Designation Letter of the Designated Subsidiary
        are, and each Note of the Designated Subsidiary when delivered under
        the Credit Agreement will be, the legal, valid and binding obligation
        of the Designated Subsidiary enforceable in accordance with their respective
        terms, except as the enforceability thereof may be limited by bankruptcy,
        insolvency, reorganization or moratorium or other similar laws relating
        to the enforcement of creditors' rights generally or by the application
        of general principles of equity (regardless of whether such enforceability
        is considered in a proceeding in equity or at law), and except that I
        express no opinion as to (i) the subject matter jurisdiction of the District
        Courts of the United States of America to adjudicate any controversy
        relating to the Credit Agreement, the Designation Letter of the Designated
        Subsidiary or the Notes of the Designated Subsidiary or (ii) the effect
        of the law of any jurisdiction (other than the State of New York) wherein
        any Lender or Applicable Lending Office may be located or wherein enforcement
        of the Credit Agreement, the Designation Letter of the Designated Subsidiary
        or the Notes of the Designated Subsidiary may be sought which limits
        rates of interest which may be charged or collected by such Lender. 

          4. There
        is no action, suit, investigation, litigation or proceeding at law or
        in equity before any court, governmental agency or arbitration now pending
        or, to the best of my knowledge and belief, Threatened against the Designated
        Subsidiary that is reasonably likely to have a Material Adverse Effect
        or that purports to affect the legality, validity or enforceability of
        the Designation Letter of the Designated Subsidiary, the Credit Agreement
        or any Note of the Designated Subsidiary or the consummation of the transactions
        contemplated thereby. 

          5. No authorizations,
        consents, approvals, licenses, filings or registrations by or with any
        governmental authority or administrative body are required for the due

     

2

execution, delivery and performance by the Designated
  Subsidiary of its Designation Letter, the Credit Agreement or the Notes of
  the Designated Subsidiary except for such authorizations, consents, approvals,
  licenses, filings or registrations as have heretofore been made, obtained or
  affected and are in full force and effect.

    6. The Designated Subsidiary is not an "investment
  company" within the meaning of the Investment Company Act of 1940, as amended.

          In connection with the opinions expressed by me above in paragraph 3, I wish to point out that (i) provisions of the Credit Agreement which permit the Agent or any Lender to take action or make
determinations may be subject to a requirement that such action be taken or such determinations be made on a reasonable basis and in good faith, (ii) a party to whom an advance is owed may, under certain circumstances, be called upon to prove the
outstanding amount of the Advances evidenced thereby, (iii) the rights of the Agent and the Lenders provided for in Section 9.04(b) of the Credit Agreement may be limited in certain circumstances and (iv) I express no opinion with respect to the
enforceability of any indemnity against loss in converting into a specified currency the proceeds or amount of a court judgment in another currency. 

          I do not express any opinion on any matter not expressly addressed above. The opinions set forth herein are delivered based solely upon the examinations, assumptions and other matters described herein
as of the date hereof, and I undertake no obligation to modify or supplement this opinion letter or otherwise to communicate with you with respect to changes in law or matters which occur or come to my attention after the date hereof. 

          This opinion letter is given for the sole and exclusive benefit of the addressees hereof and may not be relied upon by or delivered or disclosed to any other person, except that any person that
becomes a Lender in accordance with the provisions of the Credit Agreement after the date hereof may rely on these opinions as if this opinion letter were addressed and delivered to such Lender on the date hereof. In addition, this opinion letter
relates only to the matters, the opinions and the transaction specifically referred to or provided herein, and no other opinions should be implied therefrom. 

	 	
Very truly yours, 
	
	 	 
	 	
Jacqueline Whorms 
	

3

EXHIBIT G - FORM OF OPINION 

OF SHEARMAN & STERLING LLP,

COUNSEL TO THE AGENT 

[S&S LETTERHEAD]

__________
 __, 2007

To the Initial Lenders party to the Credit 

Agreement referred to below and to 

Citicorp USA, Inc., as Agent 

Honeywell International Inc.

Ladies and Gentlemen:

     We have acted as counsel to Citicorp USA, Inc., as Agent (the "Agent"), in connection with the Amended and Restated Five Year Credit
Agreement, dated as of May 14, 2007 (the "Credit Agreement"), among Honeywell International Inc., a Delaware corporation (the "Borrower"), and each of you. Unless otherwise defined herein, terms defined in the Credit Agreement are used herein as therein defined. 

     In that connection, we have reviewed originals or copies of the following documents: 

     (a) The Credit Agreement.

     (b) The Notes executed by the Borrower and delivered on the date hereof.

The documents described in the foregoing clauses (a) and (b) are collectively referred to herein as the "Opinion Documents." 

     We have also reviewed originals or copies of such other agreements and documents as we have deemed necessary as a basis for the opinion expressed below. 

     In our review of the Opinion Documents and other documents, we have assumed:

	  		(A)	The genuineness of all signatures.	
	 
		(B)	The authenticity of the originals of the documents submitted to us.	
	 

	 	(C)	 	The conformity to authentic originals of any documents submitted to us as copies.	
	 
	 	(D)	 	
As to matters of fact, the truthfulness of the representations made in the Credit Agreement.	
	 
	      		(E)	 	
That each of the Opinion Documents is the legal, valid and binding obligation of each party thereto, other than the Borrower, enforceable against each such party in accordance with its terms.	
	 
	      		(F)	 	
That:	
	 
	 	 	 	
(1) The Borrower is an entity duly organized and validly	existing
under the laws of the jurisdiction of its organization.
	 	 	 	 
	 	 	 	(2) The Borrower has full power to execute, deliver
    and perform, and has duly executed and delivered, the Opinion Documents.
	 	 	 	 
	 	 	 	(3) The execution, delivery and performance by the Borrower
    of the Opinion Documents have been duly authorized by all necessary action
    (corporate or otherwise) and do not:
	 	 	 	 
	 	 	 	     (a) contravene its certificate or articles of incorporation,
    by-laws or other organizational documents;
	 	 	 	 
	 	 	 	     (b) except with respect to Generally Applicable Law,
    violate any law, rule or regulation applicable to it; or
	 	 	 	 
	 	 	 	     (c) result in any conflict with or breach of any agreement
    or document binding on it.
	 	 	 	 
	 	 	 	(4) Except with respect to Generally Applicable
      Law, no authorization, approval or other action by, and no notice to or
      filing with, any governmental authority or regulatory body or (to
      the extent the same is required under any agreement or document binding
      on it of which an addressee hereof has knowledge, has received notice or
      has reason to know) any other third party is required for the due execution,
      delivery or performance by the Borrower of any Opinion Document or, if
      any such authorization, approval, action, notice or filing is required,
      it has been duly obtained, taken, given or made and is in full force and
    effect. 
	 	 
	 	 	 	 

     We have not independently established the validity of the foregoing assumptions.

     “Generally Applicable Law” means the federal law of the United States of America, and the law of the State of New York (including the rules
or regulations promulgated thereunder or pursuant thereto), that a New York lawyer exercising customary professional 

2

diligence would reasonably be expected to recognize as being applicable to the Borrower, the Opinion Documents or the transactions governed by the Opinion Documents. Without limiting the generality of the foregoing definition of
Generally Applicable Law, the term "Generally Applicable Law" does not include any law, rule or regulation that is applicable to the Borrower, the Opinion Documents or such transactions solely because such law, rule or regulation is part of a
regulatory regime applicable to any party to any of the Opinion Documents or any of its affiliates due to the specific assets or business of such party or such affiliate. 

     Based upon the foregoing and upon such other investigation as we have deemed necessary and subject to the qualifications set forth below, we are of the opinion that each Opinion Document is the legal,
valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms. 

     Our opinion expressed above is subject to the following qualifications:

     (a) Our opinion is subject to the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally (including without limitation all
laws relating to fraudulent transfers). 

     (b) Our opinion is subject to the effect of general principles of equity, including without limitation concepts of materiality, reasonableness, good faith and fair dealing (regardless of whether
considered in a proceeding in equity or at law). 

     (c) We express no opinion with respect to the enforceability of indemnification provisions, or of release or exculpation provisions, contained in the Opinion Documents to the extent that enforcement
thereof is contrary to public policy regarding the indemnification against or release or exculpation of criminal violations, intentional harm or violations of securities laws. 

     (d) We express no opinion with respect to the enforceability of any indemnity against loss in converting into a specified currency the proceeds or amount of a court judgment in another currency.

     (e) Our opinion is limited to Generally Applicable Law.

     A copy of this opinion letter may be delivered by any of you to any person that becomes a Lender in accordance with the provisions of the Credit Agreement. Any such person may rely on the opinion
expressed above as if this opinion letter were addressed and delivered to such person on the date hereof. 

     This opinion letter is rendered to you in connection with the transactions contemplated by the Opinion Documents. This opinion letter may not be relied upon by you or any person entitled to rely on
this opinion pursuant to the preceding paragraph for any other purpose without our prior written consent. 

3

     This opinion letter speaks only as of the date hereof. We expressly disclaim any responsibility to advise you of any development or circumstance of any kind, including any change of law or fact, that
may occur after the date of this opinion letter that might affect the opinion expressed herein. 

Very truly yours, 

4

  EXECUTION COPY

U.S. $2,800,000,000

     AMENDED AND RESTATED

FIVE YEAR CREDIT AGREEMENT

Dated as of May 14, 2007 

Among

HONEYWELL INTERNATIONAL INC.,

as Borrower, 

and

THE INITIAL LENDERS NAMED HEREIN,

as Initial Lenders, 

and

CITICORP USA, INC., as Administrative Agent 

and

JPMORGAN CHASE BANK, N.A.

as Syndication Agent 

and

BANK OF AMERICA, N.A. 

BARCLAYS BANK PLC

DEUTSCHE BANK AG NEW YORK BRANCH 

and 

UBS LOAN FINANCE LLC 

as Documentation Agents 

and

CITIGROUP GLOBAL MARKETS INC. 

and 

     J.P.MORGAN SECURITIES INC. 

as Joint Lead
Arrangers and Co-Book Managers

 

	 	TABLE OF CONTENTS	 	 
	 	 	 	
Page 
	
	
ARTICLE I 		 	 

	
	 	
SECTION 1.01. Certain Defined Terms 
		 	
1 
	
	 	
SECTION 1.02. Computation of Time Periods 
		 	
18 
	
	 	
SECTION 1.03. Accounting Terms 
		 	
18 
	
	
ARTICLE II 		 	 

	
	 	
SECTION 2.01. The Revolving Credit
Advances, Letters of Credit and Swing Line Advances  
		 	19 

	
	 	
SECTION 2.02. Making the Revolving Credit Advances and Swing Line Advances 
		 	
20 
	
	 	
SECTION 2.03. The Competitive Bid Advances 
		 	
23 
	
	 	
SECTION 2.04. Issuance of and Drawings and Reimbursement Under Letters of Credit 
		 	28 

	
	 	
SECTION 2.05. Fees 
		 	
30 
	
	 	
SECTION 2.06. Termination or Reduction of the Commitments 
		 	
31 
	
	 	
SECTION 2.07. Repayment of Advances 
		 	
33 
	
	 	
      SECTION 2.08. Interest on Revolving Credit Advances and Swing Line Advances 
      
	 	
35 
	
	 	
SECTION 2.09. Interest Rate Determination 
		 	
36 
	
	 	
SECTION 2.10. Prepayments of
Revolving Credit Advances and Swing Line Advances   
		 	38 

	
	 	
SECTION 2.11. Increased Costs 
		 	
39 
	
	 	
SECTION 2.12. Illegality 
		 	
41 
	
	 	
SECTION 2.13. Payments and Computations 
		 	
41 
	
	 	
SECTION 2.14. Taxes 
		 	
42 
	
	 	
SECTION 2.15. Sharing of Payments, Etc 
		 	
45 
	
	 	
SECTION 2.16. Use of Proceeds 
		 	
45 
	

 

i

	 	
SECTION 2.17. Evidence of Debt 
		 
		
45 
	
	 	
SECTION 2.18. Increase in the Aggregate Revolving Credit Commitments 
		 
		
46 
	
	 	
SECTION 2.19. Extension of Termination Date 
		 
		
48 
	
	
ARTICLE III 		 
		 

	
	 	
SECTION 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and 2.03 
		 
		
50 
	
	 	
SECTION 3.02. Initial Advance to Each Designated Subsidiary 
		 
		
51 
	
	 	
SECTION 3.03. Conditions Precedent to Each Revolving Credit Borrowing, Swing 
		 
		 

	
	 	
        Line Borrowing, Issuance, Commitment Increase and Extension Date 
		 
		
52 
	
	 	
SECTION 3.04. Conditions Precedent to Each Competitive Bid Borrowing 
		 
		
53 
	
	 	
SECTION 3.05. Determinations Under Section 3.01 
		 
		
53 
	
	
ARTICLE IV 		 
		 

	
	 	
SECTION 4.01. Representations and Warranties of the Company 
		 
		
54 
	
	
ARTICLE V 		 
		 

	
	 	
SECTION 5.01. Affirmative Covenants 
		 
		
56 
	
	 	
SECTION 5.02. Negative Covenants 
		 
		
60 
	
	
ARTICLE VI 		 
		 

	
	 	
SECTION 6.01. Events of Default 
		 
		
61 
	
	 	
SECTION 6.02. Actions in Respect of the Letters of Credit upon Default 
		 
		
65 
	
	
ARTICLE VII 		 
		 

	
	 	
SECTION 7.01. Unconditional Guarantee 
		 
		
66 
	
	 	
SECTION 7.02. Guarantee Absolute 
		 
		
66 
	
	 	
SECTION 7.03. Waivers 
		 
		
67 
	
	 	
SECTION 7.04. Remedies 
		 
		
67 
	
	 	
SECTION 7.05. No Stay 
		 
		
67 
	

ii

	 	
SECTION 7.06. Survival 
		 
		
68 
	
	
ARTICLE VIII 		 
		 

	
	 	
SECTION 8.01. Authorization and Action 
		 
		
68 
	
	 	
SECTION 8.02. Agent's Reliance, Etc 
		 
		
68 
	
	 	
SECTION 8.03. CUSA and Affiliates 
		 
		
69 
	
	 	
SECTION 8.04. Lender Credit Decision 
		 
		
69 
	
	 	
SECTION 8.05. Indemnification 
		 
		
69 
	
	 	
SECTION 8.06. Successor Agent 
		 
		
70 
	
	 	
SECTION 8.07. Sub-Agent 
		 
		
71 
	
	 	
SECTION 8.08. Other Agents 
		 
		
71 
	
	
ARTICLE IX 		 
		 

	
	 	
SECTION 9.01. Amendments, Etc 
		 
		
71 
	
	 	
SECTION 9.02. Notices, Etc 
		 
		
72 
	
	 	
SECTION 9.03. No Waiver; Remedies 
		 
		
73 
	
	 	
SECTION 9.04. Costs and Expenses 
		 
		
73 
	
	 	
SECTION 9.05. Binding Effect 
		 
		
74 
	
	 	
SECTION 9.06. Assignments and Participations 
		 
		
74 
	
	 	
SECTION 9.07. Designated Subsidiaries 
		 
		
77 
	
	 	
SECTION 9.08. Confidentiality 
		 
		
78 
	
	 	
SECTION 9.09. Mitigation of Yield Protection 
		 
		
79 
	
	 	
SECTION 9.10. Governing Law 
		 
		
79 
	
	 	
SECTION 9.11. Execution in Counterparts 
		 
		
80 
	
	 	
SECTION 9.12. Jurisdiction, Etc 
		 
		
80 
	
	 	
SECTION 9.13. Substitution of Currency 
		 
		
80 
	
	 
	
iii
	

	 	
SECTION 9.14. Final Agreement 
		 
		
81 
	
	 	
SECTION 9.15. Judgment 
		 
		
81 
	
	 	
SECTION 9.16. No Liability of the Issuing Banks 
		 
		
81 
	
	 	
SECTION 9.17. Patriot Act Notice 
		 
		
82 
	
	 	
SECTION 9.18. Waiver of Jury Trial 
		 
		
83 
	

iv

	
SCHEDULES 
		 
		 

		 
		 

	
	
Schedule I - List of Applicable Lending Offices 
	
	
Schedule II – Swing Line Commitments 
	
	
Schedule III – Mandatory Cost 
	
	
Schedule 2.01(b) - Existing Letters of Credit 
	
	
EXHIBITS 
		 
		 

		 
		 

	
	
Exhibit A-1 
		 
		
- 
		 
		
Form of Revolving Credit Note 
	
	
Exhibit A-2 
		 
		
- 
		 
		
Form of Competitive Bid Note 
	
	
Exhibit B-1 
		 
		
- 
		 
		
Form of Notice of Revolving Credit Borrowing 
	
	
Exhibit B-2 
		 
		
- 
		 
		
Form of Notice of Competitive Bid Borrowing 
	
	
Exhibit B-3 
		 
		
- 
		 
		
Form of Notice of Swing Line Borrowing 
	
	
Exhibit C 
		 
		
- 
		 
		
Form of Assignment and Acceptance 
	
	
Exhibit D 
		 
		
- 
		 
		
Form of Designation Letter 
	
	
Exhibit E 
		 
		 

		 
		
Form of Opinion of the General Counsel or an Assistant General 
	
	 

		 
		 

		 
		
Counsel of the Company 
	
	
Exhibit F 
		 
		
- 
		 
		
Form of Opinion of Counsel to a Designated Subsidiary 
	
	
Exhibit G 
		 
		
- 
		 
		
Form of Opinion of Shearman & Sterling LLP, Counsel to the 
	
	 

		 
		 

		 
		
Agent 
	

vex4-1.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

Exhibit 4.1

AMENDMENT TO RIGHTS AGREEMENT

	
1.      		
General Background. In accordance with Section 21 of the Amended and Restated Preferred Shares Rights Agreement between Fleet National Bank (f/k/a BankBoston, N.A.) (the “Rights Agent”)
and Viewpoint Corporation (f/k/a MetaCreations Corporation) (“Viewpoint”) dated June 24, 1999 (the “Agreement”), the Rights Agent and Viewpoint, desire to amend the Agreement to appoint EquiServe Trust Company, N.A.	
	 
	
2.      		
Effectiveness. This Amendment shall be effective as of October 5, 2001 (the “Amendment”) and all defined terms and definitions in the Agreement shall be the same in the Amendment except
as specifically revised by the Amendment.	
	 
	
3.      		
Revision. The section in the Agreement entitled “Change of Rights Agent” is hereby deleted in its entirety and replaced with the following:	
	 	 
	 	Change of Rights Agent.
      The Rights Agent or any successor Rights Agent may resign and be discharged
      from its duties under this Agreement upon 30 days’ notice in writing
      mailed to the Company and to each transfer agent of the Common Shares or
      Preferred Shares by registered or certified mail and to the holders of
      the Right Certificates by first-class mail. The Company may remove the
      Rights Agent or any successor Rights Agent upon 30 days’ notice in
      writing mailed to the Rights Agent or successor Rights Agent, as the case
      may be, and to each transfer agent of the Common Shares or Preferred Shares
      by registered or certified mail, and to the holders of the Right Certificates
      by first-class mail. If the Rights Agent shall resign or be removed or
      shall otherwise become incapable of acting, the Company shall appoint a
      successor to the Rights Agent. If the Company shall fail to make such appointment
      within a period of 30 days after giving notice of such removal or after
      it has been notified in writing of such resignation or incapacity by the
      resigning or incapacitated Rights Agent or by the holder of a Rights Certificate
      (who shall, with such notice, submit such holder’s Rights Certificate
      for inspection by the Company), then the registered holder of any Rights
      Certificate may apply to any court of competent jurisdiction for the appointment
      of a new Rights Agent. Any successor Rights Agent, whether appointed by
      the Company or by such a court, shall be a corporation or trust company
      organized and doing business under the laws of the United States, in good
      standing, which is authorized under such laws to exercise corporate trust
      or stock transfer powers and is subject to supervision or examination by
      federal or state authority and which has individually or combined with
      an affiliate at the time of its appointment as Rights Agent a combined
      capital and surplus of at least $100 million dollars. After appointment,
      the successor Rights Agent shall be vested with the same powers, rights,
      duties and responsibilities as if it had been originally named as Rights
    Agent without 
	 	 
	 	 
	 	 
	 

 

 

	 	
further act or deed; but the predecessor Rights Agent shall deliver and transfer to the successor Rights Agent any property at the time held by it hereunder, and execute and deliver any further assurance, conveyance, act or deed
necessary for the purpose. Not later than the effective date of any such appointment the Company shall file notice thereof in writing with the predecessor Rights Agent and each transfer agent of the Common Shares or Preferred Shares, and mail a
notice thereof in writing to the registered holders of the Rights Certificates. Failure to give any notice provided for in this Section 21, however, or any defect therein, shall not affect the legality or validity of the resignation or removal of
the Rights Agent or the appointment of the successor Rights Agent, as the case may be.	
	 
	
4.      		
Except as amended hereby, the Agreement and all schedules or exhibits thereto shall remain in full force and effect.	
	 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed in their names and on their behalf by and through their duly authorized officers, as of this 5th day of October,
2001. 

	Viewpoint Corporation

/s/ Brian O’Donoghue             

  By: Brian O’Donoghue 

  Title: Vice President

		Fleet National Bank

/s/ Margaret Prentice             

  By: Margaret Prentice 

  Title: Managing Director

	
	 	 
	 	 
	 	 
	 	EquiServe Trust Company, N.A.
	 	 
	 	 
	 	/s/ Margaret Prentice             

    By: Margaret Prentice 

    Title: Managing Director

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