Document:

exv10w1

Exhibit 10.1

CREDIT SUISSE CAPITAL LLC

CREDIT SUISSE SECURITIES (USA) LLC

Eleven Madison Avenue

New York, NY 10010

LOAN AGREEMENT

     This Loan Agreement (this “Agreement”) is entered into as of May 8, 2008 between ICG Holdings,
Inc. (the “Borrower”) and Credit Suisse Capital LLC (formerly known as Credit Suisse First Boston
Capital LLC), a Delaware limited liability company (the “Lender”; the term “Lender” shall also
include any entity to which all or a portion of any rights or obligations of a Lender hereunder or
under any Note are transferred or assigned in accordance with Section 7.03) and sets forth the
terms and conditions of each Loan (as defined below) to be made by the Lender to the Borrower.

     The Borrower has applied to the Lender for loans to be advanced by the Lender to
the Borrower pursuant to the terms of this Agreement. This Agreement supplements, forms part of
and is subject to the ISDA Master Agreement (as defined below) and shall be deemed to be a
Confirmation under the ISDA Master Agreement. Each Loan shall be deemed to be a Transaction under
the ISDA Master Agreement.

ARTICLE I

DEFINED TERMS

     Capitalized terms used herein without definition shall have the meanings set forth in the ISDA
Agreement and/or the Collar Confirmation, as the case may be. Additionally, the following terms
shall have the following meanings:

“Available Loan Amount” means, for any date, (i) the excess, if any, of the Present
Value as of such date of the product of the Put Strike Price and the Number of
Shares over the sum of all the Draws made prior to such date plus (ii) the sum of
the Prepayment Amounts for Prepayments made prior to or on such date.

“Base Rate” means, for any day, the greater of (a) the rate of interest which is
identified as the “Prime Rate” on Bloomberg page [PRIMBB <Index>] (such rate
ceases to be so published, as quoted from such other generally available and
recognizable source as the Lender may select) and (b) the Federal Funds Rate plus
0.5%. Any change in the Base Rate due to a change in such Prime Rate or the Federal
Funds Rate shall be effective on the effective date of such change in such Prime
Rate or the Federal Funds Rate.

“Change in Law” shall have the meaning provided in Section 2.09.

“Collar Confirmation” means that certain Confirmation (External ID: 7014975 — Risk
ID: 40075170) among the Borrower, the Lender and Credit Suisse Securities (USA) LLC
as agent, dated as of December 31, 2005, evidencing the collar transaction entered
into between the Borrower and the Lender on the common stock of Blackboard Inc., as
supplemented by the Supplemental Confirmation in respect thereof (Ref No: BBBB)
dated as of the date set forth in Schedule 1 and as amended, modified or
supplemented from time to time).

“Commitments” shall have the meaning provided in Section 2.01.

“Default Event” shall mean any Default Event, as defined in Section 4(d) of the
Collar Confirmation, and any Additional Termination Event under the Collar
Confirmation resulting in the cancellation or termination of the Transaction under
the Collar Confirmation.

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“Default Rate” shall mean, for any Loan, the rate otherwise applicable thereto plus
3% per annum.

“Discretionary Prepayment” shall have the meaning provided in Section 2.08.

“Discretionary Prepayment Amount” shall mean, for any Discretionary Prepayment Date,
the amount as designated by the Borrower in the related Discretionary Prepayment
Notice pursuant to Section 2.08.

“Discretionary Prepayment Date” shall mean any Currency Business Day occurring
during the Drawing Period designated by the Borrower as a Discretionary Prepayment
Date pursuant to Section 2.08.

“Discretionary Prepayment Notice” shall have them meaning provided in Section 2.08.

“Draw” shall mean, for any Loan, the amount as designated by the Borrower in the
relevant Drawing Notice pursuant to Section 2.02.

“Draw Notice” shall have the meaning provided in Section 2.02.

“Draw Period” shall mean the period from and including the third Scheduled Trading
Day immediately following the Trade Date (or, if such date is not a Currency
Business Day, the next following Currency Business Day) to but excluding the First
Averaging Date.

“Drawing Date” shall mean any Currency Business Day occurring during the Draw Period
designated by the Borrower as a Drawing Date pursuant to Section 2.02.

“Federal Funds Rate” means, for any day, a rate per annum equal to the rate
published by the Federal Reserve Bank of New York on the preceding Currency Business
Day or, if no such rate is so published, the average rate per annum, as determined
by Lender, quoted for overnight Federal Funds transactions last arranged prior to
such day.

“Governmental Authority” shall mean any nation or government, any state or
other political subdivision thereof, any agency, authority, instrumentality,
regulatory body, court, central bank or other entity exercising executive,
legislative, judicial, taxing, regulatory or administrative functions of or
pertaining to government, any securities exchange and any self-regulatory
organization.

“Interest Payment Date” shall mean, for each Loan, (a) March 31, June 30,
September 30 and December 31 of each calendar year during the period beginning on
the Drawing Date applicable to such Loan and ending on the Maturity Date (or, if any
such date is not a Currency Business Day, the next preceding Currency Business Day)
and (b) the Maturity Date.

“Interest Period” shall mean, for each Loan, the period commencing on the Drawing
Date applicable to such Loan (or, in the case of subsequent Interest Periods, on the
last day of the preceding Interest Period) and ending on the next following Interest
Payment Date; provided, however, that if any Interest Period would end on a day that
is not a Currency Business Day, such Interest Period shall be extended to the next
succeeding Currency Business Day unless such next succeeding Currency Business Day
would fall in the next calendar month, in which case such Interest Period shall end
on the next preceding Currency Business Day. Interest shall accrue from and
including the first day of an Interest Period to but excluding the last day of such
Interest Period.

“Interest Rate” shall mean LIBOR plus 0 basis points.

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“ISDA Master Agreement” means the “Agreement” as defined in, and as modified by, the
Collar Confirmation.

“LIBOR” means, for any Interest Period, the offered rate for deposits in Dollars for
a Designated Maturity of three months, for the amount of the applicable Loan and a
Reset Date at the first day of such Interest Period. LIBOR shall be determined in
good faith by the Lender by referencing to Bloomberg page [US0003M <Index>],
and such determination shall be conclusive absent manifest error on the first day of
such Interest Period. The Lender shall promptly advise the Borrower of such
determination.

“Loan” shall mean each loan made by the Lender to the Borrower hereunder or, as the
context requires, such lesser principal amount thereof as may be outstanding from
time to time.

“Loan Amount” means, for any Loan, the Draw related to such Loan.

“Loan Obligations” shall mean the unpaid principal of and interest on (including
interest accruing after the maturity of all Loans and interest accruing after the
filing of any petition in bankruptcy, or the commencement of any insolvency,
reorganization or like proceeding, relating to the Borrower, whether or not a claim
for post-filing or post-petition interest is allowed in such proceeding) the Loans
and all other obligations and liabilities of the Borrower to the Lender, whether
direct or indirect, absolute or contingent, due or to become due, or now existing or
hereafter incurred, which may arise under, out of, or in connection with, this
Agreement, the Note, or any other document made, delivered or given in connection
herewith or therewith, whether on account of principal, interest, reimbursement
obligations, fees, indemnities, costs, expenses (including all fees, charges and
disbursements of counsel to the Lender that are required to be paid by the Borrower
pursuant hereto) or otherwise.

“Maturity Date” shall mean the scheduled Settlement Date or the scheduled Cash
Settlement Payment Date, as the case may be.

“Note” shall mean a promissory note of the Borrower executed and delivered as
provided in Section 2.03, substantially in the form of Exhibit A.

“Outstanding Loan Amount” means, as of any Prepayment Date for any Loan, the excess,
if any, of the Draw for such Loan over the sum of the Prepayments Amount for each
Prepayment Date for such Loan occurring prior to such Prepayment Date.

“Person” shall mean an individual, partnership, corporation, limited liability
company, business trust, joint stock company, trust, unincorporated association,
joint venture, Governmental Authority or other entity of whatever nature.

“Potential Default Event” shall mean any event, condition or circumstance which,
with the giving of notice or the passage of time or both, would become a Default
Event.

“Prepayment” shall mean a Discretionary Prepayment.

“Prepayment Amount” shall mean Discretionary Prepayment Amount.

“Prepayment Date” shall mean a Discretionary Prepayment Date.

“Present Value” shall mean the present value of an amount calculated by the
Calculation Agent as of any date using an interest rate determined by the
Calculation Agent by reference to the LIBOR/swap curve as of such date assuming (a)
a tenor of the period of time from and including such date to but excluding the
Maturity Date and (b) a spread of 0 basis points.

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“Transaction Documents” means this Agreement, the Note, the ISDA Master Agreement
and the Collar Confirmation, and any other related documents or agreements.

ARTICLE II

LOAN

SECTION 2.01. Availability. Subject to the terms and conditions herein set forth, the Lender agrees
to make one or more Loans to the Borrower from time to time during the Draw Period (the
“Commitments”). 

SECTION 2.02. Drawdown. To request a drawdown, the Borrower shall deliver to the Lender no later
than the third Scheduled Trading Day immediately preceding the specified Drawing Date a written
notice (a “Draw Notice”) specifying (i) the Drawing Date and (ii) the Draw and including payment
instructions executed by an authorized Person of the Borrower; provided that if the Draw specified
is greater than the Available Loan Amount as of the relevant Drawing Date, then the Draw shall be
automatically reduced to such Available Loan Amount, and the Lender shall notify the Borrower of
such reduction, provided further that, other than under the circumstances contemplated in the
immediately preceding proviso, no Draw shall be less than USD1,000,000. Upon satisfaction of the
conditions set forth in Article IV, the Lender shall by 3:00 p.m., New York time, on each Drawing
Date, credit the Draw requested by the Borrower in accordance with the immediately preceding
sentence, in immediately available funds, to or at the direction of the Borrower.

SECTION 2.03. Note. Each Loan shall be evidenced by the Note duly executed on behalf of the
Borrower, dated the date hereof, with the blanks appropriately filled, payable to the Lender in a
principal amount equal to the Loan Amount for such Loan. The Note shall bear interest from the
applicable Drawing Date on the principal amount thereof as set forth in Section 2.04.

SECTION 2.04. Interest. Subject to the provisions of Section 2.06, each Loan shall bear interest
(computed on the basis of a 30 day month and a 360 day year) from each Drawing Date to the Maturity
Date at a rate per annum equal to the Interest Rate for such Loan. Interest on each Loan shall be
payable on each applicable Interest Payment Date for such Loan.

SECTION 2.05. Repayment. The Borrower shall repay each Loan, together with accrued interest
computed as set forth in Section 2.04 or 2.06, on the Maturity Date.

SECTION 2.06. Default Interest. If the Borrower defaults in the payment of the principal of or
interest on any Loan or any other amount becoming due hereunder, by acceleration or otherwise, the
Borrower shall on demand from time to time pay interest, to the extent permitted by law, on such
defaulted amount up to (but not including) the date of actual payment at the Default Rate.

SECTION 2.07. Payments. The Borrower shall make each payment to the Lender hereunder not later than
12:00 noon, New York City time, on the day when due in dollars in immediately available funds to
the Lender’s account specified in the Collar Confirmation.

SECTION 2.08. Prepayment of Loan. The Borrower may repay any Loan prior to the Maturity Date (such
repayment, a “Discretionary Prepayment”) by delivering to the Lender a written notice (a
“Discretionary Prepayment Notice”) specifying the Drawing Date for the Loan to which this
Discretionary Prepayment relates, the Discretionary Prepayment Date (which shall not occur within
three Business Days of the date on which the relevant Discretionary Prepayment Notice is delivered)
and the Discretionary Prepayment Amount; provided that if the Discretionary Prepayment Amount is
greater than the Outstanding Loan Amount as of the relevant Discretionary Prepayment Date, then the
Discretionary Prepayment Amount shall be automatically reduced to such Outstanding Loan Amount, and
the Lender shall notify the Borrower of such reduction, provided further that, other than under the
circumstances contemplated in the immediately preceding proviso, no Discretionary Prepayment Amount
shall be less than USD1,000,000. On each Discretionary Prepayment Date, the Borrower shall pay the
Lender the relevant Discretionary Prepayment Amount, any accrued and unpaid interest and
the amount of any loss or expense incurred by the Lender in connection with the prepayment of part
or all of the relevant Loan, including any loss

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incurred in obtaining, liquidating or employing deposits from third parties or terminating,
covering, reversing or closing out interest rate swap agreements with third parties.

SECTION 2.09. Reserve Requirements; Change in Circumstances.

	 	(a)	 	Notwithstanding any other provision herein, if after the date of this
Agreement any change in applicable law or regulation or in the interpretation
or administration thereof by any governmental authority charged with the
interpretation or administration thereof (whether or not having the force of
law) (a “Change in Law”) shall change the basis of taxation of payments to the
Lender or of the principal of or interest on any Loan or any other fees or
amounts payable hereunder (other than taxes covered by Section 2.12 or taxes
imposed on the overall net income of the Lender by the jurisdiction in which
the Lender is organized or has its principal office, or by any political
subdivision or taxing authority therein), or shall impose, modify or deem
applicable any reserve, special deposit or similar requirement against assets
of, deposits with or for the account of, or credit extended by, the Lender or
shall impose on the Lender or the London interbank market any other condition
affecting this Agreement, and the result of any of the foregoing shall be to
increase the cost to the Lender of making or maintaining such Loan or to reduce
the amount of any sum received or receivable by the Lender hereunder (whether
of principal, interest or otherwise) in respect thereof by an amount deemed by
the Lender to be material, then the Borrower will pay to the Lender within five
days after receipt of the notice specified in Section 2.09(b) such additional
amount or amounts as will compensate the Lender for such additional costs
incurred or reduction suffered.
	 
	 	(b)	 	Notice of such amount or amounts as shall be necessary to compensate it
as specified in paragraph (a) above may be delivered by the Lender to the
Borrower in writing providing reasonable detail of such amounts and shall be
conclusive absent manifest error.
	 
	 	(c)	 	The Borrower shall not be required to compensate Lender pursuant to
this Section for any increased costs or reductions incurred more than 180 days
prior to the date that the Lender notifies the Borrower of the adoption of any
Change in Law giving rise to such increased costs or reductions and of the
Lender’s intention to claim compensation therefore; provided that the foregoing
limitation shall not apply to any increased costs or reductions arising out of
the retroactive application of any Change in Law that occurs within such
180-day period. The protection of this Section shall be available to the
Lender regardless of any possible contention of the invalidity or
inapplicability of the Change in Law that shall have occurred or been imposed.

SECTION 2.10. Change in Legality. Notwithstanding anything to the contrary herein contained, if any
Change in Law shall make it unlawful for the Lender to (i) make or maintain any Loan as a LIBOR
loan, then, by prompt written notice to the Borrower, and so long as such circumstances shall
continue, on the last day of the current Interest Period for each Loan which is a LIBOR loan (or,
in any event, on such earlier date as may be required by the Change in Law), such Loan which is a
LIBOR loan shall, unless then repaid in full, automatically convert to a Loan which is a Base Rate
loan; or (ii) maintain any Loan or to give effect to its obligations as contemplated hereby (other
than as provided in clause (i) hereof or in the event Lender may maintain any Loan by amending the
terms hereof without material cost to the Lender or the Borrower), then by prompt notice to the
Borrower, the Lender may require that any Loan be repaid immediately or on such later date as the
Lender specifies.

SECTION 2.11. Indemnity. The Borrower shall indemnify the Lender against any loss or reasonable
expense which the Lender may sustain or incur as a consequence of (a) any failure by the Borrower
to fulfill on any Drawing Date the applicable conditions set forth in Article IV, (b) payment or
prepayment of any Loan required by any other provision of this Agreement or otherwise made on a
date other than the last day of an Interest Period (calculated as an amount equal to the excess, if
any, of (i) the amount of interest that would have accrued on the amount so prepaid for the period
from the date of such prepayment to the last day of such Interest Period at the applicable rate of
interest for such Loans provided for herein over (ii) the amount of interest (as reasonably
determined by the Lender) that would have accrued to the Lender on such amount by placing such
amount on deposit for a comparable period with leading banks in the interbank LIBOR market), (c)
any default in the payment or prepayment of the principal

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amount of any Loan or any part thereof or interest accrued thereon, as and when due and payable, or
(d) the occurrence of any Default Event, including any loss or reasonable expense sustained or
incurred or to be sustained or incurred in liquidating or employing deposits from third parties
acquired to effect or maintain any Loan or any part thereof. Notice of any amount or amounts which
the Lender is entitled to receive pursuant to this Section may be delivered by the Lender to the
Borrower in writing providing reasonable detail of such amounts and shall be conclusive absent
manifest error. The Borrower shall pay the Lender the amount shown as due on any such statement
within five days after receipt of the same.

SECTION 2.12. Taxes.

	 	(a)	 	Any and all payments by the Borrower under this Agreement and the Note
shall be made free and clear of and without deduction or withholding for, or on
account of, any and all current or future taxes, levies, imposts, deductions,
charges or withholdings, and all liabilities (including penalties, interest and
additions to tax) with respect thereto imposed by any government or other
taxing authority thereof or therein (“Taxes”), excluding income and withholding
taxes, branch profits taxes, franchise taxes or similar taxes imposed on the
Lender (or any transferee or assignee thereof), as a result of any present or
former connection between the Lender and the relevant taxing jurisdiction,
other than any such connection arising solely from the Lender having executed,
delivered or performed its obligations or received a payment under, or
enforced, this Agreement or the Note (all such non-excluded Taxes,
“Non-Excluded Taxes”). If the Borrower shall be required to deduct or withhold
any Taxes from or in respect of any amount payable hereunder or under the Note,
(i) with respect to any Non-Excluded Taxes the amount so payable shall be
increased by the amount (an “additional amount”) necessary so that after making
all required deductions or withholdings (including deductions or withholdings
applicable to additional amounts payable under this Section 2.12) the Lender
shall receive a net amount equal to the sum it would have received had no such
deductions or withholdings been made, (ii) the Borrower shall make such
deductions or withholdings and (iii) the Borrower shall pay the full amount
deducted or withheld to the relevant taxing jurisdiction in accordance with
applicable law.
	 
	 	(b)	 	In addition, the Borrower agrees to pay to the relevant taxing
authority in accordance with applicable law any current or future stamp or
documentary taxes or any other excise or property taxes, charges or similar
levies (including, without limitation, mortgage recording taxes and similar
fees) that arise from any payment made hereunder or under the Note, or from the
execution, delivery or registration of, or otherwise with respect to, this
Agreement or under the Note, (“Other Taxes”).
	 
	 	(c)	 	The Borrower will indemnify the Lender for the full amount of
Non-Excluded Taxes (including additional amounts with respect thereto) and
Other Taxes paid by the Lender as the case may be; provided, that such Lender
shall have provided the Borrower with evidence, reasonably satisfactory, of
payment of such Non-Excluded Taxes or Other Taxes, as the case may be.
	 
	 	(d)	 	As soon as practicable after the date of any payment of Taxes or Other
Taxes by the Borrower to the relevant taxing authority, the Borrower shall
deliver to the Lender, at its address referred to in Section 7.01, the original
or a certified copy of the receipt issued by such taxing authority evidencing
payment thereof or other evidence of such payment reasonably satisfactory to
the Lender.
	 
	 	(e)	 	Without prejudice to the survival of any other agreement contained
herein, the agreements and obligations contained in this Section 2.12 shall
survive the payment in full of the principal of and interest on each Loan.
	 
	 	(f)	 	If the Lender determines that it has received a refund of any
Non-Excluded Taxes or Other Taxes as to which it has been indemnified by the
Borrower or with respect to which the Borrower has paid additional amounts
pursuant to this Section, it shall pay over such refund

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	 	 	 	to the Borrower (but only to the extent of indemnity payments made, or
additional amounts paid, by the Borrower under this Section with respect to the
Non-Excluded Taxes or Other Taxes giving rise to such refund), net of all
out-of-pocket expenses of the Lender and without interest (other than any
interest paid by the relevant Governmental Authority with respect to such
refund); provided, that the Borrower, upon the request of the Lender, agrees to
repay the amount paid over to the Borrower to the Lender in the event the Lender
is required to repay such refund to such Governmental Authority.
	 
	 	(g)	 	Nothing contained in this Section 2.12 shall require the Lender (or
transferee) to make available any of its tax returns (or any other information
that it deems to be confidential or proprietary).

ARTICLE III

REPRESENTATIONS AND WARRANTIES

     The Borrower makes each of the representations and warranties to the Lender as are set forth
in the ISDA Master Agreement and the Collar Confirmation (other than the representations and
warranties set forth in section 3(c)(iii) of the Collar Confirmation) as of the date hereof (except
to the extent that such representations and warranties expressly relate to an earlier date (in
which case such representations and warranties were true and correct in all material respects on
and as of such earlier date) and as of each Drawing Date to the extent provided in
clause (a) of Article IV.

ARTICLE IV

CONDITIONS OF LENDING

     The obligations of the Lender to make any Loan hereunder are subject to the satisfaction of
the following conditions on the applicable Drawing Date:

	 	(a)	 	The representations and warranties set forth in Article III shall be
true and correct in all material respects on and as of such Drawing Date,
including after giving effect to the proposed or intended use of the requested
Loans, except to the extent that such representations and warranties expressly
relate to an earlier date (in which case such representations and warranties
were true and correct in all material respects on and as of such earlier date).
	 
	 	(b)	 	The Borrower shall be in compliance in all material respects with all
the terms and provisions contained in the Transaction Documents, and
immediately after making each Loan, no Default Event or Potential Default Event
shall have occurred and be continuing.
	 
	 	(c)	 	There is no Change in Law that would make it unlawful for the Lender to
make any Loan or to give effect to its obligations as contemplated hereby
(other than as provided in clause (i) of Section 2.10 or in the event Lender
may make any Loan by amending the terms hereof without material cost to the
Lender or the Borrower).
	 
	 	(d)	 	Each of the Transaction Documents and each other document contemplated
by the Transaction Documents shall be in full force and effect; provided that
this clause (d) shall be deemed to be satisfied if any Transaction Document or
other document contemplated by the Transaction Documents is not in full force
and effect solely as a result of the Lender’s breach of the terms thereunder.

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ARTICLE V

AFFIRMATIVE COVENANTS

The Borrower covenants and agrees with the Lender that it will:

SECTION 5.01. Obligations and Taxes. Comply in all material respects with its organizational
documents and all applicable material laws, rules, regulations and orders, pay or cause to be paid
all of its indebtedness and other obligations, the amount of which indebtedness or obligations
exceeds USD 5,000,000, promptly when due in accordance with their terms, and pay and discharge
promptly when due all material taxes, assessments and governmental charges or levies imposed upon
it (except for any such amounts being contested in good faith). For the purpose of this Section
5.01, laws, rules, regulations, orders, taxes, assessments and governmental charges and levies are
material if the Lender considers the failure to comply with such laws, rules regulations and orders
or the failure to pay such taxes, assessments and governmental charges or levies when due may have
a material adverse effect on the Borrower’s ability to (i) repay any Loan, or (ii) perform or give
effect to its obligations under the Transaction Documents.

SECTION 5.02. Litigation and Other Notices. Promptly, but no later than 3 days, after becoming
aware of any of the following, give the Lender written notice thereof:

	 	(a)	 	the issuance by any governmental authority of any injunction, order or
other restraint prohibiting, or having the effect of prohibiting, the
performance of this Agreement, any other Transaction Document, the maintaining
of any Loan or any other Transaction or the initiation of any litigation, or
any claim or controversy which may reasonably be expected to result in the
initiation of any litigation that would have a material adverse effect on the
Borrower’s ability to repay any Loan, seeking any such injunction order or
other restraint;
	 
	 	(b)	 	the filing or commencement of any action, suit or proceeding, whether
at law or in equity or by or before any governmental authority, which may
reasonably be expected to materially impair the right or the ability of the
Borrower to perform its obligations under this Agreement or any other
Transaction Document, or materially and adversely affect the business, assets,
properties, operations or condition, financial or otherwise, of the Borrower;
	 
	 	(c)	 	any Default Event or Potential Default Event, specifying the nature and
extent thereof and the action (if any) which is proposed to be taken with
respect thereto; and
	 
	 	(d)	 	any development in the business or affairs of the Borrower which has
resulted in or which could, in the reasonable judgment of the Borrower, result
in a material adverse change in the business, assets or properties of the
Borrower.

SECTION 5.03. Further Assurance. Execute any and all further documents, financing
statements, agreements and instruments, and take all further actions (including filing
Uniform Commercial Code financing statements, mortgages and other instruments), which may
be required under applicable law, or which the Lender may reasonably request, in order to
effectuate the Transactions and in order to grant, preserve, protect and perfect the
validity and priority of the security interests created by the Collar Confirmation.

ARTICLE VI

DEFAULT EVENTS

     Upon the occurrence and during the continuance of a Default Event the Lender may, upon notice
to the Borrower, take either or both of the following actions: (i) declare the Commitments
terminated forthwith, whereupon the Commitments shall immediately terminate; and (ii) declare the
Loans (together with accrued interest thereon) and any other amounts owing hereunder, to be due
and payable forthwith both as to principal and interest

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whereupon the same shall immediately become due and payable, without presentment, demand,
protest or any other notice of any kind, all of which are hereby expressly waived, anything
contained herein or in the Note or any other Transaction Document to the contrary notwithstanding;
provided that if such event is an Event of Default specified in Section 5(a)(vii) of the ISDA
Master Agreement relating to the Borrower, the Loans, together with accrued interest thereon and
any other amounts owing hereunder shall immediately become due and payable.

ARTICLE VII

MISCELLANEOUS

SECTION 7.01. Notices. Notices and other communications provided for herein shall be delivered
as specified in Section 5(d) of the Collar Confirmation.

SECTION 7.02. Survival of Agreement. All covenants, agreements, representations and warranties made
by the Borrower herein shall be considered to have been relied upon by the Lender and shall survive
the making by the Lender of any Loan and the execution and delivery to the Lender of the Note and
shall continue in full force and effect as long as the principal of or any accrued interest on the
Note, or any other amounts owing hereunder, is outstanding and unpaid.

SECTION 7.03. Successors and Assigns. Unless otherwise specified in the Collar Confirmation,
neither party may transfer or assign its rights and obligations hereunder save with the prior
written consent of the other party and any purported assignment shall be void and of no effect;
provided, however, that the Lender shall have the right to assign and transfer (by way of security
or otherwise) any interest or obligation in this Agreement to any of its affiliates without the
consent of the Borrower; provided further, that the Agent shall act as agent for such affiliate and
such assignment will not cause the Borrower to experience a material adverse tax consequence;
provided further, that the Lender shall have the right to assign and transfer (by way of Security
or otherwise) any interest or obligation in this Agreement to any other person without the consent
of the Borrower during the existence of a Default Event or Potential Default Event.

SECTION 7.04. Expenses of the Lender; Indemnity.

	 	(a)	 	The Borrower agrees (i) to pay or reimburse the Lender for all its
costs and expenses incurred in connection with the development, preparation and
execution of, and any amendment supplement or modification to, this Agreement
and the other Transaction Documents and any other documents prepared in
connection herewith or therewith, and the consummation and administration of
the transactions contemplated hereby and thereby, including the reasonable fees
and disbursements of counsel to the Lender and filing and recording fees and
expenses, and (ii) to pay or reimburse the Lender for all its costs and
expenses incurred in connection with the enforcement or preservation of any
rights under this Agreement, the other Transaction Documents and any such other
documents, including the fees and disbursements of counsel (including the
allocated fees and expenses of in-house counsel) to the Lender.
	 
	 	(b)	 	The Borrower agrees to indemnify the Lender, its directors, officers,
employees, agents, affiliates, advisors and controlling persons against, and to
hold the Lender and each such person harmless from, any and all losses, claims,
damages, liabilities and related expenses, including reasonable counsel fees
and expenses, incurred by or asserted against the Lender or any such persons
arising out of, in any way in connection with, or as a result of any of the
Transaction Documents; provided, however, any such indemnity shall not apply to
any such losses, claims, damages, liabilities or related expenses that are
found by a final and nonappealable decision of a court or competent
jurisdiction to have resulted from the Lender’s gross negligence or willful
misconduct.
	 
	 	(c)	 	The provisions of this Section shall remain operative and in full force
and effect regardless of the expiration of the term of this Agreement, any of
the other Transaction Documents or the

9

 

	 	 	 	invalidity or unenforceability of any term or provision of this Agreement or any
Transaction Document. All amounts due under this Section shall be payable on
written demand therefor.

SECTION 7.05. Right of Setoff. The Lender is hereby authorized at any time and from time to time,
to the fullest extent permitted by law, to set off and apply any and all deposits (general or
special, time or demand, provisional or final) at any time held and other indebtedness at any time
owing by it to or for the credit or the account of the Borrower against any of and all the
obligations of the Borrower now or hereafter existing under this Agreement and the other
Transaction Documents, irrespective of whether or not the Lender shall have made any demand under
this Agreement or such other Transaction Document. The Lender agrees promptly to notify the
Borrower after any such setoff and application made by it, but the failure to give such notice
shall not affect the validity of such setoff and application. The rights of the Lender under this
Section are in addition to other rights and remedies (including, without limitation, other rights
of setoff) which the Lender may have. Notwithstanding the foregoing, this Section shall not apply
to Account 2NNP0 held at Credit Suisse Securities (USA) LLC.

SECTION 7.06. Applicable Law. This Agreement and the Note shall be construed in accordance with and
governed by the laws of the State of New York.

SECTION 7.07. Payments on Currency Business Days. Should the principal of or interest on the Note,
or any other amount payable hereunder, become due and payable on other than a Currency Business
Day, payment in respect thereof may (except to the extent otherwise provided in the definition of
“Interest Payment Date” or “Interest Period”) be made on the next succeeding Business Day, and such
extension of time shall in such case be included in computing interest, if any, in connection with
such payment.

SECTION 7.08. Waivers; Amendments. No failure or delay of the Lender in exercising any power or
right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any
such right or power, or any abandonment or discontinuance of steps to enforce such a right or
power, preclude any other or further exercise thereof or the exercise of any other right or power.
The rights and remedies of the Lender hereunder are cumulative and not exclusive of any rights or
remedies which it would otherwise have. No waiver of any provision of this Agreement or the Note or
consent to any departure by the Borrower therefrom shall in any event be effective unless the same
shall be in writing signed by the Lender, and then such waiver or consent shall be effective only
in the specific instance and for the purpose for which given. No notice or demand on the Borrower
in any case shall entitle the Borrower to any other or further notice or demand in similar or other
circumstances. No amendment to this Agreement shall be effective unless it is in writing and signed
by the Lender and the Borrower.

SECTION 7.09. Consent to Jurisdiction. Each of the parties hereto irrevocably submits to the
jurisdiction of the United States District Court for the Southern District of New York, any court
in the State of New York located in the City and County of New York, and any appellate court from
any thereof, in any action, suit or proceeding brought against it and related to or in connection
with this Agreement, the other Transaction Documents or the Transactions or for recognition or
enforcement of any judgment, and each of the parties hereto irrevocably and unconditionally agrees
that all claims in respect of any such suit or action or proceeding may be heard or determined in
such New York State court or, to the extent permitted by applicable law, in such federal court.
Each of the parties hereto agrees that a final judgment in any such action, suit or proceeding
shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any
other manner provided by applicable law. To the extent permitted by applicable law, each of the
parties hereby waives and agrees not to assert by way of motion, as a defense or otherwise in any
such suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of
such courts, that the suit, action or proceeding is brought in an inconvenient forum, that the
venue of the suit, action or proceeding is improper or that this Agreement or any of the other
Transaction Documents or the subject matter hereof or thereof may not be litigated in or by such
courts.

SECTION 7.10. Waiver of Jury Trial. Except as prohibited by law, each party hereto hereby waives
any right it may have to a trial by jury in respect of any litigation directly or indirectly
arising out of, under or in connection with this Agreement, the other Transaction Documents or the
Transactions.

SECTION 7.11. Severability. If any one or more of the provisions contained in this Agreement or in
the Note should be held invalid, illegal or unenforceable in any respect, neither party hereto
shall be required to comply with such provision for so long as such provision is held to be
invalid, illegal or unenforceable and the validity, legality and

10

 

enforceability of the remaining provisions contained herein or therein shall not in any way be
affected or impaired thereby. The parties shall endeavor in good-faith negotiations to replace the
invalid, illegal or unenforceable provisions with valid provisions the economic effect of which
comes as close as possible to that of the invalid, illegal or unenforceable provisions.

SECTION 7.12. Counterparts. This Agreement may be executed in counterparts, each of which shall
constitute an original but all of which when taken together shall constitute but one contract.
Delivery of an executed signature page of this Agreement by facsimile or email transaction shall be
effective as delivery of a manually executed counterpart hereof. A set of the copies of this
Agreement signed by all the parties shall be lodged with the Borrower and the Lender.

SECTION 7.13. Notice of Regulatory Treatment. The Borrower acknowledges that it has received from
the Lender the “Risk Disclosure Statement regarding OTC Derivative Products and Notice of
Regulatory Treatment” and has reviewed, signed and returned a copy of such document to the Lender.

11

 

     IN WITNESS WHEREOF, the Borrower and the Lender have caused this Agreement to be duly executed
as of the day and year first above written.

	 	 	 	 	 	 	 
	 	 	CREDIT SUISSE CAPITAL LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	CREDIT SUISSE SECURITIES (USA) LLC	 	 
	 	 	solely in its capacity as Agent	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 

	 	 	 	 	 
	ICG HOLDINGS, INC.	 	 
	 
	 	 	 	 
	By:
	 	 	 	 
	 

	 	 	 	 
	Name:exv10w2

Exhibit 10.2

CREDIT SUISSE CAPITAL LLC

CREDIT SUISSE SECURITIES (USA) LLC

Eleven Madison Avenue

New York, NY 10010

Transaction ID: [ ]

PROMISSORY NOTE

     Date: [as of the first drawing date]

     FOR VALUE RECEIVED, the undersigned, ICG Holdings, Inc. (the “Maker”) hereby promises
to pay to CREDIT SUISSE CAPITAL LLC (the “Holder”), or its registered successors or
registered permitted assigns who are identified in the Maker’s records as the owner of this Note,
on the Maturity Date, the aggregate unpaid principal amount of the Loans in lawful money of the
United States of America in immediately available funds, and to pay interest from the applicable
Drawing Date on the principal amount equal to the Loan Amount for each loan from time to time
outstanding, in like funds, at the rate per annum and payable on such dates all as determined
pursuant to the terms of the Loan Agreement (as defined below).

     This Note is the Note referred to in the Loan Agreement dated as of May 8, 2008 (the “Loan
Agreement”) between the Maker and the Holder, as the same may be amended, supplemented or
modified from time to time and is subject in all respect to the terms and provisions thereof. The
Loan Agreement contains additional rights of the holder hereof, and the Loans evidenced hereby are
guaranteed and secured as provided therein and in the other Transaction Documents. Capitalized
terms used but not defined herein have the meaning assigned thereto to the Loan Agreement.

     If a Default Event occurs and is continuing, the principal for each Loan and accrued interest
thereon may be declared to be due and payable in the manner and with the effect provided in the
Loan Agreement.

     If the Maker shall default in the payment of the principal of or interest on any Loan or any
other amount becoming due under the Loan Agreement, by acceleration or otherwise, the Maker
promises to pay interest on demand from time to time, to the extent permitted by law, on such
defaulted amount up to (but not including) the date of actual payment.

     The Maker hereby waives diligence, presentment, demand, protest and notice of any kind
whatsoever, other than as expressly required by the Loan Agreement. The nonexercise by the Holder
of any of its rights hereunder in any particular instance shall not constitute a waiver thereof in
that or any subsequent instance.

     This Note shall be construed in accordance with and governed by the laws of the State of New
York and any applicable laws of the United States of America. This Note is secured by and entitled
to the benefits of the Transaction Documents.

	 	 	 	 	 	 	 
	 	 	ICG HOLDINGS, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:

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